Debt (Tables)

12 Months Ended

Dec. 31, 2020

Debt [Abstract]

Long-Term Debt

As of December 31, 2020 and 2019, debt consisted of the following:

	December 31, 2020		December 31, 2019
Senior Secured Notes, due September 15, 2025	$	1,239,561	$	-
Term Loan Facility, due January 21, 2020		-		495,000
Senior Secured Bonds, due September 2034		-		70,960
Senior Secured Bonds, due December 2034		-		10,823
Senior Unsecured Bonds, due September 2036		-		42,274
Total debt	$	1,239,561	$	619,057

Interest Expense

Interest and related amortization of debt issuance costs recognized during major development and construction projects are capitalized and included in the cost of the project. Interest expense, net of amounts capitalized, recognized for the years ended December 31, 2020, 2019 and 2018 consisted of the following:

	Year Ended December 31,
	2020		2019		2018
Interest per contractual rates	$	76,176	$	32,283	$	9,363
Amortization of debt issuance costs		15,471		12,301		3,617
Total interest costs		91,647		44,584		12,980
Capitalized interest		25,924		25,172		1,732
Total interest expense	$	65,723	$	19,412	$	11,248