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Notes Payable, Bank Credit Facility, Interest and Amortization of Deferred Debt Costs (Tables)
 3 Months Ended
Mar. 31, 2024
Debt Disclosure [Abstract]  
Scheduled Maturities of Debt, Including Scheduled Principal Amortization
At March 31, 2024, the future principal payments of debt, including scheduled maturities and amortization, for years ending December 31, were as follows:
(In thousands)Principal Payments
April 1 through December 31, 2024$75,457 
2025326,086 (a)
2026163,051 
2027126,589 (b)
202844,770 
202952,627 
Thereafter638,711 
Principal amount1,427,291 
Unamortized deferred debt costs18,641 
Net$1,408,650 

(a) Includes $274.0 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 months ended March 31, 2024 and 2023, were as follows:
 Three Months Ended March 31,
(In thousands)20242023
Interest incurred$18,084 $15,513 
Amortization of deferred debt costs564 559 
Capitalized interest(6,168)(4,142)
Interest expense12,480 11,930 
Less: Interest income32 109 
Interest expense, net and amortization of deferred debt costs$12,448 $11,821