Company: INRE
Filing Date: 2025-03-05
Form Type: 10-K
Source: 0000950170-25-033568
Chunk: 206

Company: Inland Real Estate Income Trust, Inc.
Filing Date: 2025-03-05
Form: 10-K
Item: Item 1A
Chunk 206
---

    Depreciation and amortization
     
    60,809

    59,542

    55,319

    Total expenses
     
    124,233

    122,861

    113,214

    Other Income (Expense):

    Interest expense
     
    (41,272
    )

    (42,451
    )

    (33,069
    )

    Interest and other income
     
    322

    217

    19

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

    Net loss per common share, basic and diluted
    $
    (0.41
    )
     
    $
    (0.42
    )
     
    $
    (0.35
    )

    Weighted average number of common shares outstanding, basic and diluted
     
    36,123,386

    36,196,672

    36,134,801

    Comprehensive income (loss):

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

    Unrealized gain on derivatives
     
    12,032

    6,934

    40,902

    Reclassification adjustment for amounts included in net loss
     
    (16,480
    )

    (15,978
    )

    737

    Comprehensive (loss) income
    $
    (19,426
    )
     
    $
    (24,167
    )
     
    $
    29,021

See accompanying notes to consolidated financial statements.

75

INLAND REAL ESTATE INCOME TRUST, INC.

CONSOLIDATED STATEMENTS OF EQUITY

(Dollar amounts in thousands, except per share amounts)

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

    NumberofShares
     
    CommonStock
     
    AdditionalPaid inCapital
     
    AccumulatedDistributionsandNet Loss
     
    Accumulated Other Comprehensive Income (Loss)
     
    Total

    Balance at December 31, 2021
     
    36,040,928
     
    $