XML 45 R33.htm IDEA: XBRL DOCUMENT
v3.25.2

Commitments and Contingencies (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2025
Commitments and Contingencies Disclosure [Abstract] |
Schedule of Operating and Finance Leases | The following table summarizes the Company's operating and finance leases as of June 30, 2025 and December 31, 2024:
|  |  | As of
| Balance Sheet Caption |  | June 30, 2025 |  | December 31, 2024
Operating lease ROU assets | Deferred costs and other assets, net |  | $ | 2,683 |  |  | $ | 3,012 |
Operating lease ROU accumulated amortization | Deferred costs and other assets, net |  | $ | (995) |  |  | $ | (1,163) |
Operating lease liabilities | Other liabilities |  | $ | (2,327) |  |  | $ | (2,528) |
Finance lease ROU asset | Building and other improvements |  | $ | 8,965 |  |  | $ | — |
Finance lease ROU accumulated amortization | Accumulated depreciation |  | $ | (8) |  |  | $ | — |
Finance lease liability | Debt, net |  | $ | (10,984) |  |  | $ | — |
Weighted-average remaining lease term - Operating leases |  | 5.0 years |  | 5.2 years
Weighted-average remaining lease term - Finance lease |  | 66.6 years |  | N/A
Weighted-average discount rate - Operating leases |  | 4.49 | % |  | 4.49 | %
Weighted-average discount rate - Finance lease |  | 6.80 | % |  | N/A
Schedule of Lease Costs | The following table summarizes the Company's lease costs for the three and six months ended June 30, 2025 and 2024:
| Statement of Operations Expense Caption |  | Three months ended June 30 |  | Six months ended June 30
|  | 2025 |  | 2024 |  | 2025 |  | 2024
Operating lease costs: |  |  |  |  |  |  |  |  |
Minimum lease cost | General and administrative |  | $ | 108 |  |  | $ | 126 |  |  | $ | 216 |  |  | $ | 253 |
Variable lease cost | General and administrative |  | $ | 68 |  |  | $ | 77 |  |  | $ | 157 |  |  | $ | 178 |
Short-term lease cost | General and administrative |  | $ | — |  |  | $ | 56 |  |  | $ | — |  |  | $ | 100 |
Finance lease costs: |  |  |  |  |  |  |  |  |
Amortization of ROU asset | Depreciation and amortization |  | $ | 8 |  |  | $ | — |  |  | $ | 8 |  |  | $ | — |
Interest on lease liability | Interest expense, net |  | $ | 43 |  |  | $ | — |  |  | $ | 43 |  |  | $ | — |
Variable lease cost | Property operating |  | $ | 8 |  |  | $ | — |  |  | $ | 8 |  |  | $ | — |
Schedule of Future Operating Lease Obligations Maturity | The following table summarizes the Company's future minimum lease obligations as of June 30, 2025:
| Future Minimum Lease Payments
Scheduled minimum payments by year: | Operating Leases |  | Finance Lease
Remaining 2025 | $ | 247 |  |  | $ | 275 |
2026 | 517 |  |  | 550 |
2027 | 529 |  |  | 578 |
2028 | 522 |  |  | 605 |
2029 | 493 |  |  | 605 |
Thereafter | 293 |  |  | 71,816 |
Total expected minimum lease obligation | 2,601 |  |  | 74,429 |
Less: Amount representing interest (a) | (274) |  |  | (63,445) |
Present value of net minimum lease payments | $ | 2,327 |  |  | $ | 10,984 |
(a)Interest includes the amount necessary to reduce the total expected minimum lease obligations to present value calculated at the Company's IBR.
Schedule of Future Finance Lease Obligations Maturity | The following table summarizes the Company's future minimum lease obligations as of June 30, 2025:
| Future Minimum Lease Payments
Scheduled minimum payments by year: | Operating Leases |  | Finance Lease
Remaining 2025 | $ | 247 |  |  | $ | 275 |
2026 | 517 |  |  | 550 |
2027 | 529 |  |  | 578 |
2028 | 522 |  |  | 605 |
2029 | 493 |  |  | 605 |
Thereafter | 293 |  |  | 71,816 |
Total expected minimum lease obligation | 2,601 |  |  | 74,429 |
Less: Amount representing interest (a) | (274) |  |  | (63,445) |
Present value of net minimum lease payments | $ | 2,327 |  |  | $ | 10,984 |
(a)Interest includes the amount necessary to reduce the total expected minimum lease obligations to present value calculated at the Company's IBR.

X
- Definition Assets And Liabilities, Lessee + References No definition available. + Details
Name: | ivt_AssetsAndLiabilitiesLesseeTableTextBlock
Namespace Prefix: | ivt_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-6 + Details
Name: | us-gaap_FinanceLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-4 + Details
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-6 + Details
Name: | us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration