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Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues    
Rental revenue $ 9,663,000 $ 2,115,000
Other revenue 583,000 63,000
Total revenues 10,246,000 2,178,000
Expenses    
Rental property operating 3,218,000 512,000
General and administrative 1,623,000 1,161,000
Management fee - related party 114,000 0
Performance participation interest - related party 2,121,000 182,000
Depreciation and amortization 8,778,000 1,525,000
Total expenses 15,854,000 3,380,000
Other income (expense), net    
Income from unconsolidated entities, net 3,979,000 1,732,000
Income from real estate-related securities 28,000 9,000
Unrealized gain on derivative instruments 1,516,000 0
Interest expense (2,037,000) (503,000)
Other expense (75,000) 0
Total other income (expense), net 3,411,000 1,238,000
Net income (loss) attributable to Invesco Real Estate Income Trust Inc. (2,197,000) 36,000
Dividends to preferred stockholders (2,000) (2,000)
Net loss attributable to non-controlling interests in consolidated joint ventures (14,000) 0
Net loss attributable to non-controlling interest in INREIT OP (261,000) 0
Net income (loss) attributable to common stockholders, basic (1,924,000) 34,000
Net income (loss) attributable to common stockholders, diluted $ (1,924,000) $ 34,000
Income (loss) per share:    
Net loss per share of common stock, basic (in USD per share) $ (0.14) $ 0.01
Net loss per share of common stock, diluted (in USD per share) $ (0.14) $ 0.01
Weighted average shares of common stock outstanding, basic (in shares) 13,684,665 5,508,310
Weighted average shares of common stock outstanding, diluted (in shares) 13,684,665 5,508,310