Company: INVH
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001687229-25-000036
Chunk: 36

Company: Invitation Homes Inc.
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 2
Chunk 36
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059 173,319 360,122 345,237 Impairment on depreciated real estate investments36 — 99 60 Net gain on sale of previously depreciated investments in real estate(46,591)(43,267)(118,257)(93,765)Depreciation and net gain on sale of investments in unconsolidated joint ventures3,510 3,497 7,008 6,016 FFO279,381 206,980 556,621 473,765 Non-cash interest expense related to amortization of deferred financing costs, loan discounts, and non-cash interest expense from derivatives(1)5,724 8,905 9,358 18,122 Share-based compensation expense(2)8,464 7,492 18,621 15,392 Legal settlements(3)— 59,500 — 59,500 Severance expense35 89 2,420 179 Casualty losses and reserves, net(1)3,000 10,363 7,683 14,445 (Gains) losses on investments in equity and other securities, net90 (1,504)311 (1,295)Core FFO296,694 291,825 595,014 580,108 Recurring capital expenditures(1)(43,272)(46,635)(80,619)(83,757)Adjusted FFO$253,422 $245,190 $514,395 $496,351 Net income available to common stockholdersWeighted average common shares outstanding — diluted(4)(5)613,261,904 613,823,339 613,312,641 613,815,253 Net income per common share — diluted(4)(5)$0.23 $0.12 $0.50 $0.35 FFO, Core FFO, and Adjusted FFOWeighted average common shares and OP Units outstanding — diluted(4)(5)615,771,167 616,061,403 615,703,901 616,024,305 FFO per common share — diluted(4)(5)$0.45 $0.34 $0.90 $0.77 Core FFO per common share — diluted(4)(5)$0.48 $0.47 $0.97