Company: INRE
Filing Date: 2025-03-05
Form Type: 10-K
Source: 0000950170-25-033568
Chunk: 403

Company: Inland Real Estate Income Trust, Inc.
Filing Date: 2025-03-05
Form: 10-K
Item: Item 8
Chunk 403
---
 payable with swap agreements
         
        26,000

        4.55
        %
         
        26,000

        4.55
        %

        Mortgages payable
         
        137,679

        3.97
        %
         
        138,019

        3.97
        %

        Credit facility payable
         
        700,000

        4.67
        %
         
        709,000

        4.95
        %

        Total debt before unamortized debt issuance costs including impact of interest rate swaps
         
        837,679

        4.55
        %
         
        847,019

        4.79
        %

        (Less): Unamortized debt issuance costs
         
        (1,933
        )

        (3,129
        )

        Total debt
        $
        835,746

        $
        843,890

       The Company’s indebtedness bore interest at a weighted average interest rate of 4.55% per annum as of December 31, 2024, which includes the effects of interest rate swaps. The Company estimates the fair value of its total debt by discounting the future cash flows of each instrument at rates currently offered for similar debt instruments of comparable maturities by the Company’s lenders using Level 3 inputs. The carrying value of the Company’s debt excluding unamortized debt issuance costs was $837,679 and $847,019 as of December 31, 2024 and 2023, respectively, and its estimated fair value was $834,949 and $841,313 as of December 31, 2024 and 2023, respectively.

87

INLAND REAL ESTATE INCOME TRUST, INC.NOTES TO CONSOLIDATED FINANCIAL STATEMENTSDecember 31, 2024(Dollar amounts in thousands, except per share amounts) 

As of December 31, 2024, scheduled principal payments and maturities on the Company’s debt were as follows: 

        December 31, 2024

        Scheduled Principal Payments and Maturities by Year:
        ScheduledPrincipalPayments
         
        Maturities of MortgageLoans
         
        Maturityof CreditFacility
         
        Total

        2025
        $
        295
         
        $
        92