Company: INVH
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001687229-25-000051
Chunk: 54

Company: Invitation Homes Inc.
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 1
Chunk 54
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,772)(141,531)Change in fair value of derivative instruments(5,541)7,167 Losses from investments in unconsolidated joint ventures, net of operating distributions9,926 24,644 Other non-cash amounts included in net income8,480 23,472 Changes in operating assets and liabilities:Other assets, net(10,437)(33,325)Accounts payable and accrued expenses193,385 193,480 Resident security deposits3,449 29 Other liabilities802 (4,660)Net cash provided by operating activities1,077,580 948,997 Investing Activities:Deposits for acquisition of single-family residential properties29,529 (510)Acquisition of single-family residential properties(680,818)(543,039)Initial renovations to single-family residential properties(22,069)(22,830)Other capital expenditures for single-family residential properties(183,964)(167,677)Proceeds from sale of single-family residential properties373,806 305,849 Repayment proceeds from retained debt securities— 640 Investments in equity securities(2,259)(3,448)Investments in unconsolidated joint ventures(39,779)(39,546)Non-operating distributions from unconsolidated joint ventures16,401 17,421 Other investing activities(61,840)(39,557)Net cash used in investing activities(570,993)(492,697)Financing Activities:Payment of dividends and dividend equivalents(534,826)(516,649)Distributions to non-controlling interests(1,951)(2,144)Payment of taxes related to net share settlement of RSUs(5,755)(10,894)Payments on secured debt (3,799)(14,857)Proceeds from unsecured notes596,862 494,275 Proceeds from term loan facilities— 1,750,000 Payments on term loan facilities— (2,500,000)Proceeds from revolving facility400,000 750,000 Payments on revolving facility(970,000)— Deferred financing costs paid(8,803)(54,270)Other financing activities(2,340)(3,773)Net cash used in financing activities(530,612)(108,312)

11

INVITATION HOMES INC.CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (continued)(in thousands)(un