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Notes Payable, Revolving Credit Facility, Interest and Amortization of Deferred Debt Costs (Tables)
3 Months Ended
Mar. 31, 2021
Debt Disclosure [Abstract]  
Scheduled Maturities of Debt, Including Scheduled Principal Amortization
At March 31, 2021, 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, 2021$4,975 $22,838 $27,813 
2022140,502 (a)31,016 171,518 
202384,225 31,481 115,706 
202466,164 30,857 97,021 
202520,363 27,860 48,223 
2026134,088 24,333 158,421 
Thereafter437,162 92,253 529,415 
Principal amount$887,479 $260,638 1,148,117 
Unamortized deferred debt costs8,934 
Net$1,139,183 

(a) Includes $104.0 million outstanding under the revolving credit facility.
Interest Expense and Amortization of Deferred Debt Costs
Interest expense, net and amortization of deferred debt costs for the three months ended March 31, 2021 and 2020, were as follows:
 Three Months Ended March 31,
(In thousands)20212020
Interest incurred$12,681 $13,019 
Amortization of deferred debt costs405 373 
Capitalized interest(1,095)(3,768)
Interest expense11,991 9,624 
Less: Interest income30 
Interest expense, net and amortization of deferred debt costs$11,988 $9,594