Company: INVH
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001687229-25-000008
Chunk: 11

Company: Invitation Homes Inc.
Filing Date: 2025-02-27
Form: 10-K
Item: Item 7
Chunk 11
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 securities and warrants.

Other, net

Other, net includes settlement and other costs related to certain litigation and regulatory matters, interest income, and other miscellaneous income and expenses. 

Gain on Sale of Property, net of tax

Gain on sale of property, net of tax consists of net gains and losses resulting from sales of our homes.

Income (Losses) from Investments in Unconsolidated Joint Ventures

Income (losses) from investments in unconsolidated joint ventures consists of our share of net earnings and losses from investments in unconsolidated joint ventures accounted for using the equity method.

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Results of Operations

Year Ended December 31, 2024 Compared to Year Ended December 31, 2023

The following table sets forth a comparison of the results of operations for the years ended December 31, 2024 and 2023:For the YearsEnded December 31,($ in thousands)20242023$ Change% ChangeRevenues:Rental revenues and other property income$2,548,964 $2,418,631 $130,333 5.4 %Management fee revenues69,978 13,647 56,331 412.8 %Total revenues2,618,942 2,432,278 186,664 7.7 %Expenses:Property operating and maintenance935,273 880,335 54,938 6.2 %Property management expense137,490 95,809 41,681 43.5 %General and administrative90,612 82,344 8,268 10.0 %Interest expense366,070 333,457 32,613 9.8 %Depreciation and amortization714,326 674,287 40,039 5.9 %Casualty losses, impairment, and other82,925 8,596 74,329 864.7 %Total expenses2,326,696 2,074,828 251,868 12.1 %Gains on investments in equity and other securities, net1,046 350 696 198.9 %Other, net(54,032)(2,435)(51,597)N/MGain on sale of property, net of tax244,550 183,540 61,010 33.2 %Losses from investments in unconsolidated joint ventures(28,445)(