Company: INVH
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001687229-25-000008
Chunk: 272

Company: Invitation Homes Inc.
Filing Date: 2025-02-27
Form: 10-K
Item: Item 9B
Chunk 272
---
 Level 3 fair value instruments require interest only payments.Nonrecurring Fair Value MeasurementsOur assets measured at fair value on a nonrecurring basis are those assets for which we have recorded impairments.Single-Family Residential PropertiesThe single-family residential properties for which we have recorded impairments, measured at fair value on a nonrecurring basis, are summarized below:For the Years Ended December 31,202420232022Investments in single-family residential properties, net held for sale (Level 3):Pre-impairment amount$2,936 $2,208 $1,208 Total impairments(506)(427)(310)Fair value$2,430 $1,781 $898 We did not record any impairments for our investments in single-family residential properties, net held for use during the years ended December 31, 2024, 2023, and 2022. For additional information related to our single-family residential properties as of December 31, 2024 and 2023, refer to Note 3.

F-38

INVITATION HOMES INC.NOTES TO CONSOLIDATED FINANCIAL STATEMENTS(dollar amounts in thousands)

 Note 12—Earnings per Share

Basic and diluted EPS are calculated as follows:For the Years Ended December 31,202420232022(in thousands, except share and per share data)Numerator:Net income available to common stockholders — basic and diluted$453,164 $518,774 $382,668 Denominator:Weighted average common shares outstanding — basic612,551,317 611,893,784 609,770,610 Effect of dilutive securities:Incremental shares attributed to non-vested share-based awards1,080,300 1,394,924 1,341,786 Weighted average common shares outstanding — diluted613,631,617 613,288,708 611,112,396 Net income per common share — basic$0.74 $0.85 $0.63 Net income per common share — diluted$0.74 $0.85 $0.63  Incremental shares attributed to non-vested share-based awards are excluded from the computation of diluted EPS when they are anti-dilutive. Because their inclusion would have been anti-dilutive, incremental shares attributed to non-vested share-based awards are excluded from the denominator. Anti-dilutive shares total