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Interest Expense | 12 Months Ended
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Dec. 31, 2024
Interest Expense, Operating and Nonoperating [Abstract] |
Interest Expense | Interest Expense The following table shows the components of interest for the years ended December 31, 2024, 2023 and 2022:
| Year Ended December 31, 2024 |  | Year Ended December 31, 2023 |  | Year Ended December 31, 2022
| (in thousands)
Interest on borrowings | $ | 824,386 |  |  | $ | 698,003 |  |  | $ | 532,579 |
Less capitalized interest | (42,390) |  |  | (43,093) |  |  | (39,655) |
Interest | 781,996 |  |  | 654,910 |  |  | 492,924 |
Amortization of discounts and deferred debt issue costs | 54,823 |  |  | 54,053 |  |  | 53,254 |
Interest expense | $ | 836,819 |  |  | $ | 708,963 |  |  | $ | 546,178 |

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