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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues      
Rental revenue $ 53,860 $ 12,962 $ 36
Income from commercial loan 1,399 0 0
Other revenue 2,854 622 0
Total revenues 58,113 13,584 36
Expenses      
Rental property operating 21,052 4,296 15
General and administrative 5,695 4,047 2,911
Management fee – related party 1,026 28 0
Performance participation interest – related party 3,977 3,280 0
Depreciation and amortization 41,015 10,457 37
Total expenses 72,765 22,108 2,963
Other income (expense), net      
INREIT’s Share of Unconsolidated Entities' Income 8,367 3,148 (120)
Income (loss) from real estate-related securities (2,127) (39) 8
Loss from equity investments in unconsolidated affiliated fund (31) 0 0
Unrealized gain on derivative instruments 6,679 0 0
Interest expense (16,041) (2,977) (287)
Other income (expense) (94) (9) 0
Total other income (expense), net (3,247) 123 (399)
Net loss attributable to Invesco Real Estate Income Trust Inc. (17,899) (8,401) (3,326)
Dividends to preferred stockholders (8) (8) (1)
Net loss attributable to non-controlling interests in consolidated joint ventures 1,437 25 0
Net loss attributable to non-controlling interest in INREIT OP 502 0 0
Net loss attributable to common stockholders, basic (15,968) (8,384) (3,327)
Net loss attributable to common stockholders, diluted $ (15,968) $ (8,384) $ (3,327)
Loss per share:      
Net loss per share of common stock, basic (in USD per share) $ (1.00) $ (1.21) $ (5.80)
Net loss per share of common stock, diluted (in USD per share) $ (1.00) $ (1.21) $ (5.80)
Weighted average shares of common stock outstanding, basic (in shares) 15,976,374 6,921,009 573,892
Weighted average shares of common stock outstanding, diluted (in shares) 15,976,374 6,921,009 573,892