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Mortgage Notes Payable, Revolving Credit Facility, Interest and Amortization of Deferred Debt Costs (Tables)
6 Months Ended
Jun. 30, 2013
Scheduled Maturities of Debt, Including Scheduled Principal Amortization

At June 30, 2013, the scheduled maturities of debt, including scheduled principal amortization, for years ending December 31, were as follows:

 

(In thousands)    Balloon
Payments
     Scheduled
Principal
Amortization
     Total  

July 1 through December 31, 2013

   $ —         $ 10,661       $ 10,661   

2014

     13,218         21,929         35,147   

2015

     15,077         22,558         37,635   

2016

     28,916         22,991         51,907   

2017

     —           24,193         24,193   

2018

     27,872         24,189         52,061   

Thereafter

     465,825         148,795         614,620   
  

 

 

    

 

 

    

 

 

 
   $ 550,908       $ 275,316       $ 826,224   
  

 

 

    

 

 

    

 

 

 
Interest Expense and Amortization of Deferred Debt Costs

Interest expense and amortization of deferred debt costs for the three and six months ended June 30, 2013 and 2012, were as follows:

 

     Three months ended
June 30,
    Six months ended
June 30,
 
(In thousands)    2013     2012     2013     2012  

Interest incurred

   $ 11,429      $ 12,064      $ 22,835      $ 24,392   

Amortization of deferred debt costs

     314        494        625        899   

Capitalized interest

     (34     (4     (34     (4
  

 

 

   

 

 

   

 

 

   

 

 

 
   $ 11,709      $ 12,554      $ 23,426      $ 25,287