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Notes Payable, Revolving Credit Facility, Interest and Amortization of Deferred Debt Costs (Tables)
9 Months Ended
Sep. 30, 2018
Debt Disclosure [Abstract]  
Scheduled Maturities of Debt, Including Scheduled Principal Amortization
At September 30, 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
October 1 through December 31, 2018
$

 
$
7,688

 
$
7,688

2019
60,794

 
29,298

 
90,092

2020
61,163

 
26,772

 
87,935

2021
11,012

 
26,486

 
37,498

2022
113,502

(a)
26,990

 
140,492

2023
84,225

 
27,290

 
111,515

Thereafter
430,259

 
117,422

 
547,681

Principal amount
$
760,955

 
$
261,946

 
1,022,901

Unamortized deferred debt costs
 
 
 
 
9,989

Net
 
 
 
 
$
1,012,912


(a) Includes $77.0 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 and nine months ended September 30, 2018 and 2017, were as follows:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(In thousands)
2018
 
2017
 
2018
 
2017
Interest incurred
$
12,361

 
$
12,370

 
$
36,863

 
$
37,037

Amortization of deferred debt costs
377

 
351

 
1,224

 
1,043

Capitalized interest
(1,716
)
 
(900
)
 
(4,301
)
 
(2,495
)
 
$
11,022

 
$
11,821

 
$
33,786

 
$
35,585