Company: INVH
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001687229-25-000019
Chunk: 20

Company: Invitation Homes Inc.
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 1
Chunk 20
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 management fees from these related parties which are included in management fee revenues in the condensed consolidated statements of operations. As of March 31, 2025 and December 31, 2024, management fee receivables from our related parties totaled $2,007 and $1,952, respectively. (See Note 6 for additional information regarding total management fee revenues.)

Note 6—Other Assets

As of March 31, 2025 and December 31, 2024, the balances in other assets, net are as follows:March 31,2025December 31, 2024Amounts deposited and held by others$90,447 $93,965 Prepaid expenses71,479 49,877 Rent and other receivables, net65,086 61,235 Investments in equity and other securities60,952 60,120 Investments in debt securities, net54,707 54,619 Corporate fixed assets, net43,995 42,704 Held for sale assets(1)36,687 49,434 Derivative instruments (Note 8)35,465 61,479 ROU lease assets — operating and finance, net29,981 28,830 Deferred financing costs, net22,036 23,579 Other45,216 43,478 Total$556,051 $569,320 (1)As of March 31, 2025 and December 31, 2024, 187 and 237 properties, respectively, are classified as held for sale.Rent and Other Receivables, netWe lease our properties to residents pursuant to leases that generally have an initial contractual term of at least 12 months, provide for monthly payments, and are cancelable by the resident and us under certain conditions specified in the related lease agreements. Rental revenues and other property income and the corresponding rent and other receivables are recorded net of any concessions and bad debt (including actual write-offs, credit reserves, and uncollectible amounts) for all periods presented.Variable lease payments consist of resident reimbursements for utilities, and various other fees, including late fees and lease termination fees, among others. Variable lease payments are charged based on the terms and conditions included in the resident leases. For the three months ended March 31, 2025 and 2024, rental revenues and other property income includes $43,680 and $41,845 of variable lease payments, respectively