Loans Payable and Secured Line of Credit (Tables)

6 Months Ended

Jun. 30, 2021

Loans Payable and Secured Line of Credit

Schedule of consolidated interest (income) expense

Consolidated interest expense, net includes the following (in thousands):

	Three Months Ended		Three Months Ended		Six Months Ended		Six Months Ended
	June 30,		June 30,		June 30,		June 30,
	2021		2020		2021		2020
Interest expense	$	5,282	$	4,166	$	10,270	$	8,137
Interest capitalized		(4,400)		(3,912)		(8,787)		(7,883)
Interest income		(1)		—		(1)		(4)
Interest expense, net	$	881	$	254	$	1,482	$	250