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

6 Months Ended

Jun. 30, 2017

At June 30, 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
July 1 through December 31, 2017	$	—		$	14,434	$	14,434
2018	125,799		(a)	29,019		154,818
2019	60,793			27,773		88,566
2020	61,163			25,186		86,349
2021	11,012			24,840		35,852
2022	36,503			25,281		61,784
Thereafter	405,650			123,289		528,939
Principal amount	$	700,920		$	269,822	970,742
Unamortized deferred debt costs						7,079
Net						$	963,663

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

Interest expense and amortization of deferred debt costs for the three and six months ended June 30, 2017 and 2016, were as follows:



	Three Months Ended June 30,						Six Months Ended June 30,
(In thousands)	2017			2016			2017			2016
Interest incurred	$	12,378		$	11,660		$	24,667		$	23,337
Amortization of deferred debt costs	347			331			692			663
Capitalized interest	(825		)	(336		)	(1,595		)	(1,256		)
	$	11,900		$	11,655		$	23,764		$	22,744