Notes Payable (Tables)

6 Months Ended

Jun. 30, 2017

Debt Disclosure [Abstract]

Summary of terms of notes payable

The following table details the terms and amounts of the Company’s outstanding notes payable at June 30, 2017 and December 31, 2016 ($ in thousands):

Description	Interest Rate		Maturity	June 30, 2017			December 31, 2016
Term Loan, unsecured	2.42	%	2021	$	250,000		$	250,000
Fifth Third Center	3.37	%	2026	148,049			149,516
Colorado Tower	3.45	%	2026	120,000			120,000
Promenade	4.27	%	2022	103,864			105,342
Senior Note, unsecured	4.09	%	2027	100,000			—
Credit Facility, unsecured	2.32	%	2019	94,000			134,000
816 Congress	3.75	%	2024	84,095			84,872
3344 Peachtree	4.75	%	2017	77,928			78,971
Meridian Mark Plaza	6.00	%	2020	24,284			24,522
The Pointe	4.01	%	2019	22,730			22,945
One Eleven Congress	6.08	%	2017	—			128,000
The ACS Center	6.45	%	2017	—			127,508
San Jacinto Center	6.05	%	2017	—			101,000
Two Buckhead Plaza	6.43	%	2017	—			52,000
				1,024,950			1,378,676
Unamortized premium, net				750			6,792
Unamortized loan costs				(6,081		)	(4,548		)
Total Notes Payable				$	1,019,619		$	1,380,920

Summary of interest recorded

For the three and six months ended June 30, 2017 and 2016, interest expense was as follows (in thousands):

	Three Months Ended June 30, 2017						Six Months Ended June 30,
	2017			2016			2017			2016
Total interest incurred	$	10,741		$	8,350		$	22,072		$	16,506
Less interest - discontinued operations	—			(1,965		)	—			(3,940		)
Interest capitalized	(2,218		)	(1,016		)	(3,808		)	(1,758		)
Total interest expense	$	8,523		$	5,369		$	18,264		$	10,808