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Interest Expense | 12 Months Ended
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Dec. 31, 2022
Interest Expense [Abstract] |
Interest Expense | Interest Expense The following table shows the components of interest for the years ended December 31, 2022, 2021 and 2020:
| Year Ended December 31, 2022 |  | Year Ended December 31, 2021 |  | Year Ended December 31, 2020
| (in thousands)
Interest on borrowings | $ | 532,579 |  |  | $ | 511,466 |  |  | $ | 484,896 |
Less capitalized interest | (39,655) |  |  | (49,070) |  |  | (53,163) |
Interest | 492,924 |  |  | 462,396 |  |  | 431,733 |
Amortization of discounts and deferred debt issue costs | 53,254 |  |  | 50,620 |  |  | 43,025 |
Interest expense | $ | 546,178 |  |  | $ | 513,016 |  |  | $ | 474,758 |

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