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Notes Payable (Tables)
 12 Months Ended
Dec. 31, 2020
Debt Disclosure [Abstract]  
Summary of terms of notes payable
The following table summarizes the terms of notes payable outstanding at December 31, 2020 and 2019 (in thousands):
DescriptionInterest RateMaturity20202019
Unsecured Notes:
Credit Facility, Unsecured1.19%2023$232,400 $251,500 
Term Loan, Unsecured1.34%2021250,000 250,000 
2019 Senior Notes, Unsecured3.95%2029275,000 275,000 
2017 Senior Notes, Unsecured3.91%2025250,000 250,000 
2019 Senior Notes, Unsecured3.86%2028250,000 250,000 
2019 Senior Notes, Unsecured3.78%2027125,000 125,000 
2017 Senior Notes, Unsecured4.09%2027100,000 100,000 
1,482,400 1,501,500 
Secured Mortgage Notes:
Fifth Third Center 3.37%2026137,057 140,332 
Terminus 1005.25%2023114,997 118,146 
Colorado Tower 3.45%2026114,660 117,085 
Promenade 4.27%202292,593 95,986 
816 Congress 3.75%202478,232 79,987 
Terminus 2003.79%202374,354 76,079 
Legacy Union One4.24%202366,000 66,000 
Meridian Mark Plaza 6.00%2020— 22,978 
677,893 716,593 
   $2,160,293 $2,218,093 
Unamortized premium7,574 11,239 
Unamortized loan costs(5,148)(6,357)
Total Notes Payable$2,162,719 $2,222,975 
Weighted average maturity of notes payable outstanding at December 31, 2020 was 4.6 years.
Summary of interest recorded
For the years ended December 31, 2020, 2019, and 2018, interest was recorded as follows (in thousands):
202020192018
Total interest incurred$74,929 $65,182 $44,332 
Interest capitalized(14,324)(11,219)(4,902)
Total interest expense$60,605 $53,963 $39,430 
Schedule of future principal payments due
Future principal payments due (including scheduled amortization payments and payments due upon maturity) on the Company's notes payable at December 31, 2020 are as follows (in thousands): 
2021$266,368 
2022102,401 
2023485,556 
202479,087 
2025256,755 
Thereafter970,126 
$2,160,293