Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2025	Mar. 31, 2024
Revenues
Rental revenue	$ 14,918	$ 14,494
Income from commercial loans	395	1,130
Other revenue	1,270	740
Total revenues	16,583	16,364
Expenses
Rental property operating	5,706	6,639
General and administrative	2,104	998
Management fee - related party	605	465
Depreciation and amortization	7,056	6,024
Total expenses	15,471	14,126
Other income (expense), net
Income (loss) from unconsolidated entities, net	73	1,002
Gain (loss) on real estate-related securities, net	553	1,018
Income (loss) from investment in affiliated fund, net	473	651
Gain (loss) on derivative instruments, net	(545)	1,723
Unrealized gain (loss) on commercial loans	(66)	54
Debt extinguishment charges	(34)	0
Interest income	730	298
Interest expense	(4,560)	(5,959)
Other income (expense), net	(78)	(188)
Total other income (expense), net	(3,454)	(1,401)
Net income (loss) attributable to Invesco Real Estate Income Trust Inc.	(2,342)	837
Dividends to preferred stockholders	0	(2)
Net (income) loss attributable to non-controlling interests in consolidated joint ventures	13	22
Net (income) loss attributable to non-controlling interest in INREIT OP	(18)	39
Net income (loss) attributable to common stockholders	(2,347)	896
Net income (loss) attributable to common stockholders	$ (2,347)	$ 896
Earnings (loss) Per Share:
Net income (loss) per share of common stock, basic (in dollars per share)	$ (0.10)	$ 0.04
Net income (loss) per share of common stock, diluted (in dollars per share)	$ (0.10)	$ 0.04
Weighted average shares of common stock
Basic (in shares)	22,732,182	21,631,918
Diluted (in shares)	22,732,182	21,631,467