v3.26.1
Segment Reporting - Schedule of Financial Results (Details) - 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 expenses 7,873 5,706
Interest expense 6,363 4,560
Total expenses 9,923 5,706
Income (loss) from unconsolidated entities, net 3,626 2,488
Income (loss) from investment in affiliated fund, net (71) 473
Gain (loss) on real estate-related securities, net 273 553
Segment net operating income 19,324 14,391
Depreciation and amortization (12,116) (9,471)
General and administrative (1,845) (2,104)
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
Management fee - related party (1,033) (605)
Performance participation interest - related party (781) 0
Other income (expense) 140 (78)
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)
Operating Segments    
Expenses:    
Interest expense 2,050 0
Operating Segments | Healthcare    
Revenues:    
Rental revenue 0 0
Income from commercial loans 0 0
Other revenue 0 0
Total revenues 0 0
Expenses:    
Rental property operating expenses 0 0
Interest expense 0 0
Total expenses 0 0
Income (loss) from unconsolidated entities, net 1,564 954
Income (loss) from investment in affiliated fund, net 0 0
Gain (loss) on real estate-related securities, net 0 0
Segment net operating income 1,564 954
Depreciation and amortization (1,540) (1,527)
Operating Segments | Office    
Revenues:    
Rental revenue 2,027 731
Income from commercial loans 0 0
Other revenue 108 0
Total revenues 2,135 731
Expenses:    
Rental property operating expenses 448 158
Interest expense 0 0
Total expenses 448 158
Income (loss) from unconsolidated entities, net 0 0
Income (loss) from investment in affiliated fund, net 0 0
Gain (loss) on real estate-related securities, net 0 0
Segment net operating income 1,687 573
Depreciation and amortization (1,075) (342)
Operating Segments | Industrial    
Revenues:    
Rental revenue 5,682 4,088
Income from commercial loans 0 0
Other revenue 87 87
Total revenues 5,769 4,175
Expenses:    
Rental property operating expenses 2,010 1,025
Interest expense 0 0
Total expenses 2,010 1,025
Income (loss) from unconsolidated entities, net 0 0
Income (loss) from investment in affiliated fund, net 0 0
Gain (loss) on real estate-related securities, net 0 0
Segment net operating income 3,759 3,150
Depreciation and amortization (3,001) (2,518)
Operating Segments | Self-Storage    
Revenues:    
Rental revenue 1,578 1,574
Income from commercial loans 0 0
Other revenue 147 151
Total revenues 1,725 1,725
Expenses:    
Rental property operating expenses 832 709
Interest expense 0 0
Total expenses 832 709
Income (loss) from unconsolidated entities, net 0 0
Income (loss) from investment in affiliated fund, net 0 0
Gain (loss) on real estate-related securities, net 0 0
Segment net operating income 893 1,016
Depreciation and amortization (464) (456)
Operating Segments | Multifamily    
Revenues:    
Rental revenue 4,906 3,926
Income from commercial loans 0 0
Other revenue 142 109
Total revenues 5,048 4,035
Expenses:    
Rental property operating expenses 2,287 1,833
Interest expense 0 0
Total expenses 2,287 1,833
Income (loss) from unconsolidated entities, net 0 0
Income (loss) from investment in affiliated fund, net 0 0
Gain (loss) on real estate-related securities, net 0 0
Segment net operating income 2,761 2,202
Depreciation and amortization (2,217) (2,763)
Operating Segments | Student Housing    
Revenues:    
Rental revenue 3,040 3,191
Income from commercial loans 0 0
Other revenue 270 257
Total revenues 3,310 3,448
Expenses:    
Rental property operating expenses 1,289 1,475
Interest expense 0 0
Total expenses 1,289 1,475
Income (loss) from unconsolidated entities, net 0 0
Income (loss) from investment in affiliated fund, net 0 0
Gain (loss) on real estate-related securities, net 0 0
Segment net operating income 2,021 1,973
Depreciation and amortization (1,225) (911)
Operating Segments | Grocery-Anchored Retail    
Revenues:    
Rental revenue 1,431 1,408
Income from commercial loans 0 0
Other revenue 154 1
Total revenues 1,585 1,409
Expenses:    
Rental property operating expenses 556 470
Interest expense 0 0
Total expenses 556 470
Income (loss) from unconsolidated entities, net 0 0
Income (loss) from investment in affiliated fund, net 0 0
Gain (loss) on real estate-related securities, net 0 0
Segment net operating income 1,029 939
Depreciation and amortization (513) (522)
Operating Segments | Real Estate Debt    
Revenues:    
Rental revenue 0 0
Income from commercial loans 4,277 395
Other revenue 20 0
Total revenues 4,297 395
Expenses:    
Rental property operating expenses 0 0
Interest expense 2,050 0
Total expenses 2,050 0
Income (loss) from unconsolidated entities, net 847 814
Income (loss) from investment in affiliated fund, net (71) 473
Gain (loss) on real estate-related securities, net 0 0
Segment net operating income 3,023 1,682
Depreciation and amortization 0 0
Operating Segments | Real Estate-Related Securities    
Revenues:    
Rental revenue 0 0
Income from commercial loans 0 0
Other revenue 0 0
Total revenues 0 0
Expenses:    
Rental property operating expenses 0 0
Interest expense 0 0
Total expenses 0 0
Income (loss) from unconsolidated entities, net 0 0
Income (loss) from investment in affiliated fund, net 0 0
Gain (loss) on real estate-related securities, net 273 553
Segment net operating income 273 553
Depreciation and amortization 0 0
Corporate and Other    
Revenues:    
Rental revenue 915 0
Income from commercial loans 0 0
Other revenue 635 665
Total revenues 1,550 665
Expenses:    
Rental property operating expenses 451 36
Interest expense 0 0
Total expenses 451 36
Income (loss) from unconsolidated entities, net 1,215 720
Income (loss) from investment in affiliated fund, net 0 0
Gain (loss) on real estate-related securities, net 0 0
Segment net operating income 2,314 1,349
Depreciation and amortization (2,081) $ (432)
Segment Reporting, Reconciling Item, Excluding Corporate Nonsegment    
Expenses:    
Interest expense $ 4,313