Notes Payable (Tables)

3 Months Ended

Mar. 31, 2016

Notes Payable, Commitments and Contingencies [Abstract]

Summary of terms of notes payable

The following table details the terms and amounts of the Company’s outstanding notes payable at March 31, 2016 and December 31, 2015 ($ in thousands):

Description	Interest Rate		Maturity	March 31, 2016		December 31, 2015
Post Oak Central mortgage note	4.26	%	2020	$	180,912	$	181,770
Credit Facility, unsecured	1.54	%	2019	143,000		92,000
The American Cancer Society Center mortgage note	6.45	%	2017	128,884		129,342
Promenade mortgage note	4.27	%	2022	107,499		108,203
191 Peachtree Tower mortgage note	3.35	%	2018	100,000		100,000
816 Congress mortgage note	3.75	%	2024	85,000		85,000
Meridian Mark Plaza mortgage note	6.00	%	2020	24,867		24,978
				$	770,162	$	721,293

Summary of interest

For the three months ended March 31, 2016 and 2015, interest expense was as follows (in thousands):

	Three Months Ended March 31,
	2016			2015
Total interest incurred	$	8,156		$	8,580
Interest capitalized	(742		)	(903		)
Total interest expense	$	7,414		$	7,677