Company: INVH
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001687229-25-000051
Chunk: 131

Company: Invitation Homes Inc.
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 1
Chunk 131
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For the Three MonthsEnded September 30,For the Nine Months Ended September 30,($ in thousands)2025202420252024Net income available to common stockholders$136,474 $95,084 $442,656 $310,223 Net income available to participating securities264 185 714 584 Non-controlling interests472 309 1,489 988 Interest expense90,781 91,060 262,449 270,912 Depreciation and amortization188,457 180,479 557,058 532,414 Property management expense(1)37,073 34,382 109,645 98,252 General and administrative(2)18,444 21,727 71,553 66,673 Casualty losses, impairment, and other(3) . . . . . . . . . . . . . . . .3,420 20,872 11,132 35,362 Gain on sale of property, net of tax(45,515)(47,766)(163,772)(141,531)(Gains) losses on investments in equity and other securities, net(380)257 (69)(1,038)Other, net(4)1,769 9,345 2,537 57,384 Management fee revenues(21,975)(18,980)(65,677)(48,898)(Income) losses from investments in unconsolidated joint ventures(2,130)12,160 7,890 22,780 NOI (total portfolio)407,154 399,114 1,237,605 1,204,105 Non-Same Store NOI(27,285)(23,369)(77,107)(74,001)NOI (Same Store portfolio)(5)$379,869 $375,745 $1,160,498 $1,130,104 

(1)Includes $1,562 and $1,313 of share-based compensation expense for the three months ended September 30, 2025 and 2024, respectively. Includes $4,779 and $4,585 of share-based compensation expense for the nine months ended September 30, 2025 and 2024, respectively.

(2)Includes $354 and $4,104 of share-based compensation expense for the three months ended September 30,