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Notes Payable, Revolving Credit Facility, Interest and Amortization of Deferred Debt Costs (Tables)
3 Months Ended
Mar. 31, 2018
Debt Disclosure [Abstract]  
Scheduled Maturities of Debt, Including Scheduled Principal Amortization
At March 31, 2018, 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, 2018
$

 
$
22,767

 
$
22,767

2019
60,793

 
29,299

 
90,092

2020
61,163

 
26,772

 
87,935

2021
11,012

 
26,487

 
37,499

2022
51,503

(a)
26,990

 
78,493

2023
84,225

 
27,290

 
111,515

Thereafter
427,305

 
117,401

 
544,706

Principal amount
$
696,001

 
$
277,006

 
973,007

Unamortized deferred debt costs
 
 
 
 
9,015

Net
 
 
 
 
$
963,992


(a) Includes $15.0 million outstanding under the revolving credit facility.
Interest Expense and Amortization of Deferred Debt Costs
Interest expense and amortization of deferred debt costs for the three months ended March 31, 2018 and 2017, were as follows:
 
Three Months Ended March 31,
(In thousands)
2018
 
2017
Interest incurred
$
12,200

 
$
12,288

Amortization of deferred debt costs
470

 
345

Capitalized interest
(1,144
)
 
(769
)
 
$
11,526

 
$
11,864