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Notes Payable, Bank Credit Facility, Interest and Amortization of Deferred Debt Costs (Tables)
 6 Months Ended
Jun. 30, 2024
Debt Disclosure [Abstract]  
Scheduled Maturities of Debt, Including Scheduled Principal Amortization
At June 30, 2024, the future principal payments of debt, including scheduled maturities and amortization, for years ending December 31, were as follows:
(In thousands)Principal Payments
July 1 through December 31, 2024$16,886 
2025290,059 (a)
2026164,738 
2027129,390 (b)
202847,957 
202956,003 
Thereafter757,516 
Principal amount1,462,549 
Unamortized deferred debt costs19,945 
Net$1,442,604 
(a) Includes $236.0 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 six months ended June 30, 2024 and 2023, were as follows:
 Three Months Ended June 30,Six Months Ended June 30,
(In thousands)2024202320242023
Interest incurred$18,400 $16,267 $36,485 $31,780 
Amortization of deferred debt costs582 564 1,145 1,122 
Capitalized interest(6,677)(4,472)(12,845)(8,614)
Interest expense12,305 12,359 24,785 24,288 
Less: Interest income38 81 70 189 
Interest expense, net and amortization of deferred debt costs$12,267 $12,278 $24,715 $24,099