Company: INVH
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001687229-25-000036
Chunk: 78

Company: Invitation Homes Inc.
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 1
Chunk 78
---
 or trading purposes. Designated hedges are derivatives that meet the criteria for hedge accounting and that we have elected to designate as hedges. Non-designated hedges are derivatives that do not meet the criteria for hedge accounting or that we did not elect to designate as hedges. Designated HedgesWe have entered into various interest rate swap agreements, which are used to hedge the variable cash flows associated with variable-rate interest payments. Each of our swap agreements is designated for hedge accounting purposes and is currently indexed to one month Term SOFR. Changes in the fair value of these swaps are recorded in other comprehensive income and are subsequently reclassified into earnings in the period in which the hedged forecasted transactions affect earnings.

27

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

The table below summarizes our interest rate swap instruments as of June 30, 2025:Agreement DateForwardEffective DateMaturityDateStrikeRateIndexNotionalAmountApril 18, 2023April 15, 2023July 31, 20253.08%One month Term SOFR$200,000 September 20, 2024December 31, 2024May 31, 20283.13%One month Term SOFR200,000 September 20, 2024December 31, 2024May 31, 20283.14%One month Term SOFR200,000 September 23, 2024December 31, 2024May 31, 20283.13%One month Term SOFR200,000 September 24, 2024December 31, 2024May 31, 20283.08%One month Term SOFR200,000 September 24, 2024December 31, 2024May 31, 20283.08%One month Term SOFR200,000 September 25, 2024December 31, 2024May 31, 20281.93%One month Term SOFR200,000 September 25, 2024December 31, 2024May 31, 20293.12%One month Term SOFR200,000 May 8, 2025May 8, 2025May 31, 20283.51%One month Term SOFR200,000 June 20