v3.26.1
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenues    
Rental revenue $ 19,579 $ 14,918
Income from commercial loans 4,277 395
Other revenue 1,563 1,270
Total revenues 25,419 16,583
Expenses    
Rental property operating 7,873 5,706
General and administrative 1,845 2,104
Management fee - related party 1,033 605
Performance participation interest - related party 781 0
Depreciation and amortization 9,628 7,056
Total expenses 21,160 15,471
Other income (expense), net    
Income (loss) from unconsolidated entities, net 1,138 73
Gain (loss) on real estate-related securities, net 273 553
Income (loss) from investment in affiliated fund, net (71) 473
Gain (loss) on derivative instruments, net 559 (545)
Unrealized gain (loss) on commercial loans 8 (66)
Debt extinguishment charges 0 (34)
Interest income 113 730
Interest expense (6,363) (4,560)
Other income (expense), net 140 (78)
Total other income (expense), net (4,203) (3,454)
Net income (loss) attributable to Invesco Real Estate Income Trust Inc. 56 (2,342)
Net (income) loss attributable to non-controlling interests in consolidated joint ventures (2,214) 13
Net (income) loss attributable to non-controlling interest in INREIT OP 0 (18)
Net income (loss) attributable to common stockholders (2,158) (2,347)
Net income (loss) attributable to common stockholders $ (2,158) $ (2,347)
Earnings (loss) per share:    
Net income (loss) per share of common stock, basic (in dollars per share) $ (0.09) $ (0.10)
Net income (loss) per share of common stock, diluted (in dollars per share) $ (0.09) $ (0.10)
Weighted average shares of common stock    
Basic (in shares) 23,292,277 22,732,182
Diluted (in shares) 23,292,277 22,732,182