Company: INRE
Filing Date: 2025-03-05
Form Type: 10-K
Source: 0000950170-25-033568
Chunk: 53

Company: Inland Real Estate Income Trust, Inc.
Filing Date: 2025-03-05
Form: 10-K
Item: Item 16
Chunk 53
---
    $
    816,149
     
    $
    (467,427
    )
    $
    20,678
     
    $
    369,436

See accompanying notes to consolidated financial statements.

76

INLAND REAL ESTATE INCOME TRUST, INC.

CONSOLIDATED STATEMENTS OF CASH FLOWS

(Dollar amounts in thousands)

For the years ended December 31, 2024, 2023 and 2022

    2024

    2023

    2022

    Cash flows from operating activities:

    Net loss
    $
    (14,978
    )
     
    $
    (15,123
    )
     
    $
    (12,618
    )

    Adjustments to reconcile net loss to net cash provided by operating    activities:

    Depreciation and amortization
     
    60,809

    59,542

    55,319

    Amortization of debt issuance costs
     
    1,196

    1,219

    2,966

    Amortization of acquired market leases, net
     
    72

    (2,323
    )

    (818
    )

    Amortization of equity-based compensation
     
    102

    88

    74

    Reduction in the carrying amount of the right-of-use asset
     
    386

    408

    417

    Straight-line income, net
     
    (1,063
    )

    (1,091
    )

    (705
    )

    Other non-cash adjustments
     
    201

    184

    122

    Changes in assets and liabilities:

    Accounts payable and accrued expenses
     
    (1,337
    )

    957

    721

    Accounts and rent receivable
     
    1,353

    (2,440
    )

    (849
    )

    Other assets
     
    (2,214
    )

    (2,477
    )

    (3,697
    )

    Due to related parties
     
    (105
    )

    (1,267
    )

    1,452

    Operating lease liability
     
    294

    276

    320

    Other liabilities
     
    (