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Notes Payable, Bank Credit Facility, Interest and Amortization of Deferred Debt Costs (Tables) | 9 Months Ended
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Sep. 30, 2022
Debt Disclosure [Abstract] |
Scheduled Maturities of Debt, Including Scheduled Principal Amortization | At September 30, 2022, 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, 2022 | $ | — |  |  | $ | 8,050 |  |  | $ | 8,050 |
2023 | 9,225 |  |  | 32,938 |  |  | 42,163 |
2024 | 50,117 |  |  | 33,575 |  |  | 83,692 |
2025 | 148,363 |  | (a) | 31,437 |  |  | 179,800 |
2026 | 134,088 |  |  | 28,076 |  |  | 162,164 |
2027 | 100,000 |  | (b) | 23,469 |  |  | 123,469 |
Thereafter | 440,093 |  |  | 171,057 |  |  | 611,150 |
Principal amount | $ | 881,886 |  |  | $ | 328,602 |  |  | 1,210,488 |
Unamortized deferred debt costs |  |  |  |  | 16,288 |
Net |  |  |  |  | $ | 1,194,200 |
(a) Includes $128.0 million outstanding under the Credit Facility. (b) Includes $100.0 million outstanding under the Credit Facility.
Interest Expense and Amortization of Deferred Debt Costs | Interest expense, net and amortization of deferred debt costs for the three and nine months ended September 30, 2022 and 2021, were as follows:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(In thousands) | 2022 |  | 2021 |  | 2022 |  | 2021
Interest incurred | $ | 13,627 |  |  | $ | 12,481 |  |  | $ | 38,408 |  |  | $ | 38,062 |
Amortization of deferred debt costs | 486 |  |  | 425 |  |  | 1,428 |  |  | 1,237 |
Capitalized interest | (3,002) |  |  | (1,991) |  |  | (7,663) |  |  | (4,734) |
Interest expense | 11,111 |  |  | 10,915 |  |  | 32,173 |  |  | 34,565 |
Less: Interest income | 8 |  |  | 1 |  |  | 11 |  |  | 6 |
Interest expense, net and amortization of deferred debt costs | $ | 11,103 |  |  | $ | 10,914 |  |  | $ | 32,162 |  |  | $ | 34,559 |

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- Definition Tabular disclosure of maturity and sinking fund requirement for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=123465755&loc=d3e1835-112601 + Details
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