Notes Payable, Revolving Credit Facility, Interest and Amortization of Deferred Debt Costs (Tables)

3 Months Ended

Mar. 31, 2017

At March 31, 2017, 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, 2017	$	—		$	20,710	$	20,710
2018	125,865		(a)	27,451		153,316
2019	60,793			26,139		86,932
2020	61,163			23,470		84,633
2021	11,012			23,037		34,049
2022	36,503			23,387		59,890
Thereafter	436,691			100,843		537,534
Principal amount	$	732,027		$	245,037	977,064
Unamortized deferred debt costs						7,426
Net						$	969,638

(a) Includes $84.0 million outstanding under the line of credit.

Interest expense and amortization of deferred debt costs for the three months ended March 31, 2017 and 2016, were as follows:



	Three Months Ended March 31,
(In thousands)	2017			2016
Interest incurred	$	12,288		$	11,677
Amortization of deferred debt costs	345			332
Capitalized interest	(769		)	(920		)
	$	11,864		$	11,089