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Interest Expense (Tables)
 6 Months Ended
Jun. 30, 2016
Banking and Thrift [Abstract]  
Interest Expense Net Disclosure
The following table summarizes the components of interest expense for the periods presented:
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
 
2016
 
2015
 
2016
 
2015
Interest on borrowings and related fees 1
$
11,344

 
$
23,324

 
$
34,649

 
$
46,132

Amortization of debt issuance costs 2
20,920

 
1,176

 
22,189

 
2,280

Capitalized interest
(43
)
 
(1,477
)
 
(183
)
 
(3,376
)
 
$
32,221

 
$
23,023

 
$
56,655

 
$
45,036


_______________________
1 Absent the bankruptcy proceedings and the corresponding suspension of the accrual of interest on unsecured debt, we would have recorded total contractual interest expense of $23.5 million and $46.9 million for the three and six months ended June 30, 2016, including $5.4 million and $10.9 million attributable to the 2019 Senior Notes and $16.5 million and $32.9 million attributable to the 2020 Senior Notes.
2 Includes $20.5 million related to the accelerated write-off of unamortized debt issuance costs associated with the RBL and Senior Notes (see Note 8).