XML 38 R28.htm IDEA: XBRL DOCUMENT
v3.23.3

Other Assets (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2023
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract] |
Schedule of Other Assets | As of September 30, 2023 and December 31, 2022, the balances in other assets, net are as follows:
|  | September 30, 2023 |  | December 31, 2022
Derivative instruments (Note 8) |  | $ | 134,017 |  |  | $ | 119,193 |
Amounts deposited and held by others (Note 14) |  | 95,770 |  |  | 97,709 |
Investments in debt securities, net |  | 86,617 |  |  | 86,980 |
Rent and other receivables, net |  | 58,874 |  |  | 54,091 |
Investments in equity securities |  | 55,136 |  |  | 22,413 |
Prepaid expenses |  | 43,333 |  |  | 41,972 |
Held for sale assets(1) |  | 35,778 |  |  | 29,842 |
Corporate fixed assets, net |  | 24,460 |  |  | 24,484 |
ROU lease assets — operating and finance, net |  | 13,723 |  |  | 16,534 |
Deferred financing costs, net |  | 3,702 |  |  | 5,850 |
Other |  | 18,624 |  |  | 14,561 |
Total |  | $ | 570,034 |  |  | $ | 513,629 |
(1)As of September 30, 2023 and December 31, 2022, 159 and 131 properties, respectively, are classified as held for sale.
Schedule of Future Minimum Lease Payments | Future minimum rental revenues and other property income under leases on our single-family residential properties in place as of September 30, 2023 are as follows:
Year |  | Lease Payments to be Received
Remainder of 2023 |  | $ | 526,668 |
2024 |  | 1,002,245 |
2025 |  | 135,970 |
2026 |  | — |
2027 |  | — |
Thereafter |  | — |
Total |  | $ | 1,664,883 |
Schedule of Investments in Equity Securities | As of September 30, 2023 and December 31, 2022, the values of our investments in equity securities are as follows:
|  | September 30, 2023 |  | December 31, 2022
Investments without a readily determinable fair value |  | $ | 54,068 |  |  | $ | 21,500 |
Investments with a readily determinable fair value |  | 1,068 |  |  | 913 |
Total |  | $ | 55,136 |  |  | $ | 22,413 |
Schedule of Gain (Loss) Equity Securities | The components of gains (losses) on investments in equity securities, net as of three and nine months ended September 30, 2023 and 2022 are as follows:
|  | For the Three Months Ended September 30, |  | For the Nine Months Ended September 30, |  |  |  |
|  | 2023 |  | 2022 |  | 2023 |  | 2022 |  |  |  |
Net losses recognized on investments sold during the reporting period — with a readily determinable value |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | (1,452) |  |  |  |  |
Net unrealized gains (losses) on investments still held at the reporting date — with a readily determinable fair value |  | (499) |  |  | (796) |  |  | 113 |  |  | (2,548) |  |  |  |  |
Total |  | $ | (499) |  |  | $ | (796) |  |  | $ | 113 |  |  | $ | (4,000) |  |  |  |  |
Schedule of Supplemental Information Related to Leases | The following table presents supplemental information related to leases into which we have entered as a lessee as of September 30, 2023 and December 31, 2022:
|  | September 30, 2023 |  | December 31, 2022
|  | Operating Leases |  | Finance Leases |  | Operating Leases |  | Finance Leases
Other assets |  | $ | 9,920 |  |  | $ | 3,803 |  |  | $ | 12,862 |  |  | $ | 3,672 |
Other liabilities (Note 14) |  | 11,828 |  |  | 3,439 |  |  | 14,925 |  |  | 3,483 |
Weighted average remaining lease term |  | 3.2 years |  | 2.4 years |  | 3.0 years |  | 1.4 years
Weighted average discount rate |  | 3.3% |  | 4.6% |  | 3.3% |  | 4.0%

X
- Definition Investments in Equity Securities + References No definition available. + Details
Name: | invh_InvestmentsInEquitySecuritiesTableTextBlock
Namespace Prefix: | invh_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of supplemental balance sheet information related to leases. + References No definition available. + Details
Name: | invh_ScheduleOfSupplementalInformationRelatedToLeasesTableTextBlock
Namespace Prefix: | invh_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DeferredCostsCapitalizedPrepaidAndOtherAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturity of undiscounted cash flows to be received by lessor on annual basis for operating lease. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479773/842-30-50-12 + Details
Name: | us-gaap_LessorOperatingLeasePaymentsToBeReceivedMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the carrying amounts of other assets. This disclosure includes other current assets and other noncurrent assets. + References No definition available. + Details
Name: | us-gaap_ScheduleOfOtherAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of investment in debt security measured at fair value with change in fair value recognized in net income (trading) and investment in equity security measured at fair value with change in fair value recognized in net income (FV-NI). + References No definition available. + Details
Name: | us-gaap_TradingSecuritiesAndCertainTradingAssetsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration