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Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues        
Rental revenue $ 13,264,000 $ 2,452,000 $ 22,927,000 $ 4,567,000
Other revenue 643,000 117,000 1,226,000 180,000
Total revenues 13,907,000 2,569,000 24,153,000 4,747,000
Expenses        
Rental property operating 4,925,000 599,000 8,143,000 1,111,000
General and administrative 1,289,000 979,000 2,912,000 2,140,000
Management fee - related party 187,000 100 301,000 100
Performance participation interest - related party 2,273,000 609,000 4,394,000 791,000
Depreciation and amortization 11,710,000 2,037,000 20,488,000 3,562,000
Total expenses 20,384,000 4,224,000 36,238,000 7,604,000
Other income (expense), net        
Company’s Share of Unconsolidated Entities Income (Loss) 1,728,000 (228,000) 5,707,000 1,503,000
Income (loss) from real estate-related securities (1,123,000) 55,000 (1,095,000) 64,000
Unrealized gain on derivative instruments 954,000 0 2,470,000 0
Interest expense (3,238,000) (580,000) (5,275,000) (1,082,000)
Other expense (9,000) 0 (84,000) 0
Total other income (expense), net (1,688,000) (753,000) 1,723,000 485,000
Net loss attributable to Invesco Real Estate Income Trust Inc. (8,165,000) (2,408,000) (10,362,000) (2,372,000)
Dividends to preferred stockholders (2,000) (2,000) (4,000) (4,000)
Net loss attributable to non-controlling interests in consolidated joint ventures 430,000 0 444,000 0
Net loss attributable to non-controlling interest in INREIT OP 38,000 0 299,000 0
Net loss attributable to common stockholders, basic (7,699,000) (2,410,000) (9,623,000) (2,376,000)
Net loss attributable to common stockholders, diluted $ (7,699,000) $ (2,410,000) $ (9,623,000) $ (2,376,000)
Loss per share:        
Net loss per share of common stock, basic (in USD per share) $ (0.49) $ (0.39) $ (0.66) $ (0.40)
Net loss per share of common stock, diluted (in USD per share) $ (0.49) $ (0.39) $ (0.66) $ (0.40)
Weighted average shares of common stock outstanding, basic (in shares) 15,647,218 6,246,332 14,671,363 5,879,503
Weighted average shares of common stock outstanding, diluted (in shares) 15,647,218 6,246,332 14,671,363 5,879,503