Company: INVH
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001687229-25-000051
Chunk: 90

Company: Invitation Homes Inc.
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 1
Chunk 90
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 expense as follows:For the Three MonthsEnded September 30,For the Nine Months Ended September 30,2025202420252024General and administrative$354 $4,104 $15,758 $16,224 Property management expense1,562 1,313 4,779 4,585 Total$1,916 $5,417 $20,537 $20,809  As of September 30, 2025, there is $41,533 of unrecognized share-based compensation expense related to non-vested share-based awards which is expected to be recognized over a weighted average period of 1.90 years.

Note 11—Fair Value Measurements

The carrying amounts of restricted cash, certain components of other assets, accounts payable and accrued expenses, resident security deposits, and certain components of other liabilities approximate fair value due to the short maturity of these amounts. Our interest rate swap agreements, interest rate cap agreements, if any, and investments in equity securities with a readily determinable fair value are recorded at fair value on a recurring basis within our condensed consolidated financial statements. The fair values of interest rate swaps, which are classified as 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 condensed consolidated balance sheet classification and the fair values for the interest rate swaps. 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 September 30, 2025 and December 31, 2024, refer to Note 6.

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

Financial Instrument Fair Value DisclosuresThe following table displays the carrying values and fair values of financial instruments as of September 30, 2025 and December 31, 2024:September 30, 2025December 31, 2024CarryingValueFairValueCarryingValueFairValueAssets carried at historical cost on the condensed consolidated balance sheets:Investments in debt securities(1)Level 2$54,884 $54,255 $54,619 $52,768 Liabilities carried at historical cost on the condensed consolidated balance sheets:Unsecured Notes — public offering(2