InvenTrust Properties Corp.

For the period ended Sep 30, 2025. Filed Oct 29, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2025 · Filed Oct 29, 2025

IVT$31.88+1.2%Stored close · as of Nov 9, 2026

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Contents

Item 1. Financial Statements

	As of
	September 30, 2025	December 31, 2024
(unaudited)
Assets
Investment properties
Land	$682,564	$712,827
Building and other improvements	2,203,225	2,116,092
Construction in progress	10,473	9,951
Total	2,896,262	2,838,870
Less accumulated depreciation	(504,627)	(511,969)
Net investment properties	2,391,635	2,326,901
Cash, cash equivalents, and restricted cash	76,366	91,221
Intangible assets, net	188,220	137,420
Accounts and rents receivable	39,467	36,131
Deferred costs and other assets, net	39,016	44,277
Total assets	$2,734,704	$2,635,950
Liabilities
Debt, net	$764,572	$740,415
Accounts payable and accrued expenses	50,508	46,418
Distributions payable	18,450	17,512
Intangible liabilities, net	60,246	42,897
Other liabilities	31,815	28,703
Total liabilities	925,591	875,945
Commitments and contingencies
Stockholders' Equity
Preferred stock, $0.001 par value, 40,000,000 shares authorized, none outstanding	—	—
Common stock, $0.001 par value, 146,000,000 shares authorized, 77,619,380 shares issued and outstanding as of September 30, 2025 and 77,450,794 shares issued and outstanding as of December 31, 2024	78	77
Additional paid-in capital	5,735,537	5,730,367
Distributions in excess of accumulated net income	(3,931,440)	(3,984,865)
Accumulated comprehensive income	4,938	14,426
Total stockholders' equity	1,809,113	1,760,005
Total liabilities and stockholders' equity	$2,734,704	$2,635,950

Condensed Consolidated Statements of Operations and Comprehensive Income (Loss)

(in thousands, except share and per share amounts)

	Three months ended September 30		Nine months ended September 30
	2025	2024	2025	2024
Income
Lease income, net	$74,019	$68,132	$220,538	$201,681
Other property income	447	389	1,250	1,061
Total income	74,466	68,521	221,788	202,742
Operating expenses
Depreciation and amortization	32,734	28,134	94,086	85,092
Property operating	11,054	10,795	33,277	31,037
Real estate taxes	9,047	9,205	28,597	27,232
General and administrative	8,316	8,133	25,569	24,768
Total operating expenses	61,151	56,267	181,529	168,129
Other (expense) income
Interest expense, net	(8,969)	(9,470)	(25,637)	(28,744)
Impairment of real estate assets	—	(3,854)	—	(3,854)
Gain on sale of investment properties	52	334	90,961	334
Other income and expense, net	1,628	197	3,177	1,510
Total other (expense) income, net	(7,289)	(12,793)	68,501	(30,754)
Net income (loss)	$6,026	$(539)	$108,760	$3,859
Weighted-average common shares outstanding - basic	77,615,993	68,526,238	77,590,691	68,101,901
Weighted-average common shares outstanding - diluted	78,498,873	68,526,238	78,317,551	68,659,319
Net income (loss) per common share - basic	$0.08	$(0.01)	$1.40	$0.06
Net income (loss) per common share - diluted	$0.08	$(0.01)	$1.39	$0.06
Comprehensive income
Net income (loss)	$6,026	$(539)	$108,760	$3,859
Unrealized (loss) gain on derivatives, net	(1,008)	(7,145)	(2,637)	2,560
Reclassification to net income (loss)	(2,316)	(3,315)	(6,851)	(9,946)
Comprehensive income (loss)	$2,702	$(10,999)	$99,272	$(3,527)

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.