Company: INVH
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001687229-25-000008
Chunk: 270

Company: Invitation Homes Inc.
Filing Date: 2025-02-27
Form: 10-K
Item: Item 9B
Chunk 270
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 Level 2 in the fair value hierarchy, are estimated using market values of instruments with similar attributes and maturities. See Note 8 for the details of the consolidated balance sheet classification and the fair values for the interest rate swaps and caps. The fair values of our investments in equity securities with a readily determinable fair value are classified as Level 1 in the fair value hierarchy. For additional information related to our investments in equity and other securities as of December 31, 2024 and 2023, refer to Note 6.

F-36

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

Financial Instrument Fair Value DisclosuresThe following table displays the carrying values and fair values of financial instruments as of December 31, 2024 and 2023:December 31, 2024December 31, 2023CarryingValueFairValueCarryingValueFairValueAssets carried at historical cost on the consolidated balance sheets:Investments in debt securities(1)Level 2$54,619 $52,768 $86,471 $84,591 Liabilities carried at historical cost on the consolidated balance sheets:Unsecured Notes — public offering(2)Level 1$3,526,544 $3,218,156 $3,029,856 $2,725,884 Mortgage loans(3)Level 2988,271 945,386 1,633,585 1,576,813 Unsecured Notes — private placement(4)Level 2300,000 251,855 300,000 245,766 Secured Term Loan(5)Level 3403,046 358,222 403,129 369,402 Term Loan Facilities(6)Level 32,475,000 2,478,006 3,225,000 3,230,747 Revolving Facility(7)Level 3570,000 570,702 — — (1)The carrying values of investments in debt securities are shown net of discount.(2)The carrying value of the Unsecured Notes — public offering includes $23,456 and $20,144 of unamortized discount and excludes $24,847 and $23,211 of deferred financing costs as of December 31, 2024 and 2023, respectively.(3)The carrying values of the mortgage loans