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Notes Payable, Revolving Credit Facility, Interest and Amortization of Deferred Debt Costs (Tables)
3 Months Ended
Mar. 31, 2015
Debt Disclosure [Abstract]  
Scheduled Maturities of Debt, Including Scheduled Principal Amortization
At March 31, 2015, 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
April 1 through December 31, 2015
$

 
$
17,565

 
$
17,565

2016
28,879

 
24,098

 
52,977

2017

 
25,308

 
25,308

2018
53,748

(a)
25,478

 
79,226

2019
60,793

 
24,174

 
84,967

2020
61,163

 
21,433

 
82,596

Thereafter
387,704

 
122,508

 
510,212

 
$
592,287

 
$
260,564

 
$
852,851


(a) Includes $26.0 million outstanding under the line of credit.
Interest Expense and Amortization of Deferred Debt Costs
Interest expense and amortization of deferred debt costs for the three months ended March 31, 2015 and 2014, were as follows:
 
Three Months Ended 
 March 31,
(In thousands)
2015
 
2014
Interest incurred
$
11,384

 
$
11,240

Amortization of deferred debt costs
362

 
330

Capitalized interest
(340
)
 
(103
)
 
$
11,406

 
$
11,467