XML 38 R27.htm IDEA: XBRL DOCUMENT
v3.23.3

Stock-Based Compensation (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2023
Share-Based Payment Arrangement [Abstract] |
Schedule of Share-based Payment Award, Valuation Assumptions | The following table summarizes the Company's significant assumptions used in the Monte Carlo simulation models:
|  | At Grant Date
|  | 2023 |  | 2022
Volatility |  | 34.00% |  | 33.89%
Risk free interest rate |  | 4.45% |  | 0.79 | % | - | 1.76%
Dividend Yield |  | 3.20% |  | 3.24%
Schedule of Restricted Stock Unit Activity | The following table summarizes the Company's RSU activity during the nine months ended September 30, 2023:
| Unvested Time- Based RSUs |  | Unvested Performance and Market-Based RSUs |  | Weighted-Average Grant Date Value Per Share
Outstanding as of January 1, 2023 | 123,427 |  |  | 712,051 |  |  | $ | 23.35 |
Shares granted | 152,393 |  |  | 445,828 |  |  | $ | 18.40 |
Shares vested | (30,256) |  |  | (60,042) |  |  | $ | 30.85 |
Unearned performance shares added back to Share Limit | — |  |  | (69,803) |  |  | $ | 31.40 |
Shares forfeited | (1,343) |  |  | (3,263) |  |  | $ | 19.51 |
Outstanding as of September 30, 2023 | 244,221 |  |  | 1,024,771 |  |  | $ | 20.04 |
Schedule of Company's Stock-Based Compensation Expense | The following table summarizes the Company's stock-based compensation expense:
| Three months ended September 30 |  | Nine months ended September 30
| 2023 |  | 2022 |  | 2023 |  | 2022
Incentive Award Plan, net (a) | $ | 2,307 |  |  | $ | 1,527 |  |  | $ | 6,576 |  |  | $ | 3,929 |
Employee Share Purchase Plan (b) | 34 |  |  | — |  |  | 34 |  |  | — |
Stock-based compensation expense, net | $ | 2,341 |  |  | $ | 1,527 |  |  | $ | 6,610 |  |  | $ | 3,929 |
(a)As of September 30, 2023, there was $12,329 of total estimated unrecognized compensation expense related to the Incentive Award Plan which will be recognized through December 2025. (b)As of September 30, 2023, there was $239 of total estimated unrecognized compensation expense related to the ESPP which will be recognized through June 2025.

X
- Definition Schedule of Share-based Payment Award, Valuation Assumptions + References No definition available. + Details
Name: | ivt_ScheduleOfShareBasedPaymentAwardValuationAssumptionsTableTextBlock
Namespace Prefix: | ivt_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration