2020 Q1 Form 10-Q Financial Statement

#000168722920000011 Filed on May 07, 2020

View on sec.gov

Income Statement

Concept 2020 Q1 2019 Q1
Revenue $449.8M $435.5M
YoY Change 3.28% 2.79%
Cost Of Revenue $181.3M $175.5M
YoY Change 3.3% -1.35%
Gross Profit $268.5M $260.0M
YoY Change 3.27% 5.82%
Gross Profit Margin 59.69% 59.7%
Selling, General & Admin $14.20M $23.70M
YoY Change -40.08% 1.72%
% of Gross Profit 5.29% 9.12%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $135.0M $133.6M
YoY Change 1.06% -7.54%
% of Gross Profit 50.29% 51.39%
Operating Expenses $149.3M $157.3M
YoY Change -5.09% -55.84%
Operating Profit $119.2M $102.7M
YoY Change 16.07% 52.19%
Interest Expense $84.76M $93.98M
YoY Change -9.82% 1.82%
% of Operating Profit 71.1% 91.51%
Other Income/Expense, Net $3.680M $3.125M
YoY Change 17.76% -103.45%
Pretax Income $50.30M $21.20M
YoY Change 137.26% -220.45%
Income Tax $130.0K
% Of Pretax Income 0.26%
Net Earnings $49.96M $20.82M
YoY Change 139.92% -220.57%
Net Earnings / Revenue 11.11% 4.78%
Basic Earnings Per Share $0.09 $0.04
Diluted Earnings Per Share $0.09 $0.04
COMMON SHARES
Basic Shares Outstanding 542.5M shares 521.4M shares
Diluted Shares Outstanding 543.9M shares 521.8M shares

Balance Sheet

Concept 2020 Q1 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $297.0M $131.0M
YoY Change 126.72% -2.96%
Cash & Equivalents $297.1M $130.9M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $25.00M $34.00M
Other Receivables $0.00 $0.00
Total Short-Term Assets $322.0M $165.0M
YoY Change 95.15% -13.16%
LONG-TERM ASSETS
Property, Plant & Equipment $9.363M $9.654M
YoY Change -3.01% -37.37%
Goodwill $258.2M $258.2M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments $54.63M $56.44M
YoY Change -3.21% -0.88%
Other Assets $378.0M $425.0M
YoY Change -11.06% 2.16%
Total Long-Term Assets $17.27B $17.69B
YoY Change -2.36% -4.42%
TOTAL ASSETS
Total Short-Term Assets $322.0M $165.0M
Total Long-Term Assets $17.27B $17.69B
Total Assets $17.59B $17.85B
YoY Change -1.46% -4.51%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $180.0M $193.0M
YoY Change -6.74% -3.02%
Accrued Expenses $13.00M $16.00M
YoY Change -18.75%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $2.000M $0.00
YoY Change
Total Short-Term Liabilities $345.0M $360.0M
YoY Change -4.17% 3.15%
LONG-TERM LIABILITIES
Long-Term Debt $8.645B $9.082B
YoY Change -4.81% -6.07%
Other Long-Term Liabilities $645.0M $189.0M
YoY Change 241.27% 360.98%
Total Long-Term Liabilities $9.290B $9.271B
YoY Change 0.2% -4.52%
TOTAL LIABILITIES
Total Short-Term Liabilities $345.0M $360.0M
Total Long-Term Liabilities $9.290B $9.271B
Total Liabilities $9.635B $9.632B
YoY Change 0.03% -4.25%
SHAREHOLDERS EQUITY
Retained Earnings -$556.3M -$439.7M
YoY Change 26.51% 89.3%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $7.908B $8.140B
YoY Change
Total Liabilities & Shareholders Equity $17.59B $17.85B
YoY Change -1.46% -4.51%

Cashflow Statement

Concept 2020 Q1 2019 Q1
OPERATING ACTIVITIES
Net Income $49.96M $20.82M
YoY Change 139.92% -220.57%
Depreciation, Depletion And Amortization $135.0M $133.6M
YoY Change 1.06% -7.54%
Cash From Operating Activities $177.7M $193.2M
YoY Change -8.0% 48.51%
INVESTING ACTIVITIES
Capital Expenditures -$40.20M -$29.50M
YoY Change 36.27% -101824.14%
Acquisitions
YoY Change
Other Investing Activities $93.00K $209.0K
YoY Change -55.5% -97.75%
Cash From Investing Activities -$80.74M $55.03M
YoY Change -246.73% -153.95%
FINANCING ACTIVITIES
Cash Dividend Paid $81.77M $67.97M
YoY Change 20.32% 18.34%
Common Stock Issuance & Retirement, Net $55.92M $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $132.6M -$256.8M
YoY Change -151.63% 376.44%
NET CHANGE
Cash From Operating Activities $177.7M $193.2M
Cash From Investing Activities -$80.74M $55.03M
Cash From Financing Activities $132.6M -$256.8M
Net Change In Cash $229.6M -$8.573M
YoY Change -2777.59% -66.79%
FREE CASH FLOW
Cash From Operating Activities $177.7M $193.2M
Capital Expenditures -$40.20M -$29.50M
Free Cash Flow $217.9M $222.7M
YoY Change -2.14% 71.23%

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1348000 USD
CY2019Q1 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
2364000 USD
CY2020Q1 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
2471000 USD
CY2019Q1 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
3253000 USD
CY2020Q1 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
15200000 USD
CY2019Q1 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
17572000 USD
CY2020Q1 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-1091000 USD
CY2019Q1 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-2351000 USD
CY2020Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
185000 USD
CY2019Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-419000 USD
CY2020Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
10787000 USD
CY2019Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-304000 USD
CY2019Q1 us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
1677000 USD
CY2020Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
932000 USD
CY2020Q1 us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
2373000 USD
CY2020Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-4534000 USD
CY2019Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
25002000 USD
CY2020Q1 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
534000 USD
CY2019Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
67965000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
55027000 USD
CY2020Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
81774000 USD
CY2019Q1 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
142562000 USD
CY2020Q1 us-gaap Proceeds From Sale Of Held To Maturity Securities
ProceedsFromSaleOfHeldToMaturitySecurities
5539000 USD
CY2019Q1 us-gaap Proceeds From Sale Of Held To Maturity Securities
ProceedsFromSaleOfHeldToMaturitySecurities
8441000 USD
CY2020Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
93000 USD
CY2019Q1 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
209000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-80742000 USD
CY2019Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
2271000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
177721000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
193183000 USD
CY2020Q1 us-gaap Payments For Proceeds From Other Deposits
PaymentsForProceedsFromOtherDeposits
773000 USD
CY2019Q1 us-gaap Payments For Proceeds From Other Deposits
PaymentsForProceedsFromOtherDeposits
1173000 USD
CY2020Q1 us-gaap Payments To Acquire Residential Real Estate
PaymentsToAcquireResidentialRealEstate
137471000 USD
CY2019Q1 us-gaap Payments To Acquire Residential Real Estate
PaymentsToAcquireResidentialRealEstate
55458000 USD
CY2020Q1 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
31042000 USD
CY2019Q1 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
9644000 USD
CY2020Q1 us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
40220000 USD
CY2019Q1 us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
29492000 USD
CY2020Q1 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
123318000 USD
CY2019Q1 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
1175000 USD
CY2020Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
3171000 USD
CY2019Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
6723000 USD
CY2020Q1 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
107387000 USD
CY2019Q1 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
180812000 USD
CY2020Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
320000000 USD
CY2019Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
20000000 USD
CY2020Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
50000000 USD
CY2019Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
20000000 USD
CY2020Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
55921000 USD
CY2019Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
CY2020Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-484000 USD
CY2019Q1 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-108000 USD
CY2020Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
132571000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-256783000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
229550000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-8573000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
286245000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
359991000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
515795000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
351418000 USD
CY2020Q1 us-gaap Interest Paid Net
InterestPaidNet
77326000 USD
CY2019Q1 us-gaap Interest Paid Net
InterestPaidNet
83316000 USD
CY2020Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
362000 USD
CY2019Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
866000 USD
CY2020Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
1398000 USD
CY2020Q1 invh Investment Buildings
InvestmentBuildings
13218445000 USD
CY2019Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
1326000 USD
CY2020Q1 invh Number Of Real Estate Properties Classified As Held For Sale
NumberOfRealEstatePropertiesClassifiedAsHeldForSale
436 property
CY2020Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
454000 USD
CY2019Q1 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
108000 USD
CY2020Q1 invh Capital Expenditures Incurred But Not Yet Paid Renovation Improvements
CapitalExpendituresIncurredButNotYetPaidRenovationImprovements
12489000 USD
CY2019Q1 invh Capital Expenditures Incurred But Not Yet Paid Renovation Improvements
CapitalExpendituresIncurredButNotYetPaidRenovationImprovements
5361000 USD
CY2020Q1 invh Capital Expenditures Incurred But Not Yet Paid Residential Property Capital Improvements
CapitalExpendituresIncurredButNotYetPaidResidentialPropertyCapitalImprovements
11159000 USD
CY2019Q1 invh Capital Expenditures Incurred But Not Yet Paid Residential Property Capital Improvements
CapitalExpendituresIncurredButNotYetPaidResidentialPropertyCapitalImprovements
7906000 USD
CY2020Q1 invh Reclassification Of Inventory Real Estate Held For Sale
ReclassificationOfInventoryRealEstateHeldForSale
60061000 USD
CY2019Q1 invh Reclassification Of Inventory Real Estate Held For Sale
ReclassificationOfInventoryRealEstateHeldForSale
94474000 USD
CY2020Q1 invh Increase Decrease In Fair Value Of Cash Flow Hedges
IncreaseDecreaseInFairValueOfCashFlowHedges
-333949000 USD
CY2019Q1 invh Increase Decrease In Fair Value Of Cash Flow Hedges
IncreaseDecreaseInFairValueOfCashFlowHedges
-101049000 USD
CY2020Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
518000 USD
CY2019Q1 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1721000 USD
CY2020Q1 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
7285000 USD
CY2019Q1 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 USD
CY2017Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
9000000000 shares
CY2017Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
900000000 shares
CY2017Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2020Q1 invh Business Combination Percentage Ownership Of The Combined Entity After The Transaction By Stockholders Of The Company
BusinessCombinationPercentageOwnershipOfTheCombinedEntityAfterTheTransactionByStockholdersOfTheCompany
0.994
CY2020Q1 us-gaap Use Of Estimates
UseOfEstimates
<div style="line-height:120%;padding-bottom:12px;padding-top:12px;text-align:left;text-indent:0px;font-size:10pt;"><span style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">Use of Estimates</span></div><span style="font-family:Times New Roman;font-size:10pt;color:#000000;">The preparation of the </span><span style="font-family:Times New Roman;font-size:10pt;color:#000000;">condensed consolidated</span><span style="font-family:Times New Roman;font-size:10pt;color:#000000;"> financial statements in conformity with GAAP requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the </span><span style="font-family:Times New Roman;font-size:10pt;color:#000000;">condensed consolidated</span> financial statements, as well as the reported amounts of revenues and expenses during the reporting periods. These estimates are inherently subjective in nature and actual results could differ from those estimates
CY2020Q1 us-gaap Land
Land
4498591000 USD
CY2019Q4 us-gaap Land
Land
4499346000 USD
CY2019Q4 invh Investment Buildings
InvestmentBuildings
13121179000 USD
CY2020Q1 us-gaap Real Estate Investments Other
RealEstateInvestmentsOther
512520000 USD
CY2019Q4 us-gaap Real Estate Investments Other
RealEstateInvestmentsOther
513269000 USD
CY2020Q1 us-gaap Fixtures And Equipment Gross
FixturesAndEquipmentGross
113334000 USD
CY2019Q4 us-gaap Fixtures And Equipment Gross
FixturesAndEquipmentGross
113370000 USD
CY2020Q1 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
18342890000 USD
CY2019Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
18247164000 USD
CY2020Q1 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
2126400000 USD
CY2019Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
2003972000 USD
CY2020Q1 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
16216490000 USD
CY2019Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
16243192000 USD
CY2020Q1 invh Capitalized Acquisition Costs Net
CapitalizedAcquisitionCostsNet
119709000 USD
CY2019Q4 invh Capitalized Acquisition Costs Net
CapitalizedAcquisitionCostsNet
119608000 USD
CY2020Q1 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
68086000 USD
CY2019Q4 us-gaap Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
65747000 USD
CY2020Q1 invh Capitalized Property Taxes Net
CapitalizedPropertyTaxesNet
26262000 USD
CY2019Q4 invh Capitalized Property Taxes Net
CapitalizedPropertyTaxesNet
25565000 USD
CY2020Q1 invh Capitalized Insurance Net
CapitalizedInsuranceNet
4645000 USD
CY2019Q4 invh Capitalized Insurance Net
CapitalizedInsuranceNet
4616000 USD
CY2020Q1 invh Capitalized Homeowners Association Fees Net
CapitalizedHomeownersAssociationFeesNet
2951000 USD
CY2019Q4 invh Capitalized Homeowners Association Fees Net
CapitalizedHomeownersAssociationFeesNet
2836000 USD
CY2020Q1 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
2471000 USD
CY2019Q1 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
3253000 USD
CY2020Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
297060000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
92258000 USD
CY2020Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
218735000 USD
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
193987000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
515795000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
286245000 USD
CY2020Q1 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
311540000 USD
CY2020Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
218735000 USD
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
193987000 USD
CY2019Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
316991000 USD
CY2020Q1 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
106328000 USD
CY2019Q4 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
116529000 USD
CY2020Q1 us-gaap Equity Method Investments
EquityMethodInvestments
54629000 USD
CY2019Q4 us-gaap Equity Method Investments
EquityMethodInvestments
54778000 USD
CY2020Q1 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
40095000 USD
CY2019Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
32106000 USD
CY2020Q1 us-gaap Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
25048000 USD
CY2019Q4 us-gaap Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
25244000 USD
CY2020Q1 invh Financeand Operating Lease Rightof Use Asset
FinanceandOperatingLeaseRightofUseAsset
20613000 USD
CY2019Q4 invh Financeand Operating Lease Rightof Use Asset
FinanceandOperatingLeaseRightofUseAsset
13768000 USD
CY2020Q1 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
16734000 USD
CY2019Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
16650000 USD
CY2020Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
9363000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
9825000 USD
CY2020Q1 us-gaap Deferred Costs Leasing Net
DeferredCostsLeasingNet
7486000 USD
CY2019Q4 us-gaap Deferred Costs Leasing Net
DeferredCostsLeasingNet
7427000 USD
CY2020Q1 us-gaap Deposit Assets
DepositAssets
2731000 USD
CY2019Q4 us-gaap Deposit Assets
DepositAssets
1348000 USD
CY2020Q1 us-gaap Debt Issuance Costs Line Of Credit Arrangements Net
DebtIssuanceCostsLineOfCreditArrangementsNet
2172000 USD
CY2019Q4 us-gaap Debt Issuance Costs Line Of Credit Arrangements Net
DebtIssuanceCostsLineOfCreditArrangementsNet
2765000 USD
CY2020Q1 us-gaap Derivative Assets
DerivativeAssets
22000 USD
CY2019Q4 us-gaap Derivative Assets
DerivativeAssets
1643000 USD
CY2020Q1 invh Other Assets Miscellaneous Excluding Deposit Assets
OtherAssetsMiscellaneousExcludingDepositAssets
6092000 USD
CY2019Q4 invh Other Assets Miscellaneous Excluding Deposit Assets
OtherAssetsMiscellaneousExcludingDepositAssets
6192000 USD
CY2020Q1 us-gaap Other Assets
OtherAssets
602853000 USD
CY2019Q4 us-gaap Other Assets
OtherAssets
605266000 USD
CY2019Q4 invh Number Of Real Estate Properties Classified As Held For Sale
NumberOfRealEstatePropertiesClassifiedAsHeldForSale
478 property
CY2020Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
13364000 USD
CY2020Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
8041000 USD
CY2020Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
12098000 USD
CY2020Q1 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
8515000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
12552000 USD
CY2019Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
1216000 USD
CY2019Q4 us-gaap Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Before Tax Portion Attributable To Parent Heldtomaturity Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParentHeldtomaturitySecurities
0 USD
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
13787000 USD
CY2019Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
1210000 USD
CY2020Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y8M12D
CY2020Q1 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P3Y9M18D
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y9M18D
CY2019Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y
CY2020Q1 us-gaap Lessee Operating Lease Discount Rate
LesseeOperatingLeaseDiscountRate
0.040
CY2020Q1 us-gaap Lessee Finance Lease Discount Rate
LesseeFinanceLeaseDiscountRate
0.040
CY2019Q4 us-gaap Lessee Operating Lease Discount Rate
LesseeOperatingLeaseDiscountRate
0.040
CY2019Q4 us-gaap Lessee Finance Lease Discount Rate
LesseeFinanceLeaseDiscountRate
0.040
CY2020Q1 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
25047000 USD
CY2019Q1 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
21330000 USD
CY2020Q1 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
877619000 USD
CY2020Q1 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
289546000 USD
CY2020Q1 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
13304000 USD
CY2020Q1 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
0 USD
CY2020Q1 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
0 USD
CY2020Q1 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
0 USD
CY2020Q1 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
1180469000 USD
CY2020Q1 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
16734000 USD
CY2019Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
16650000 USD
CY2020Q1 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
34000 USD
CY2019Q1 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
0 USD
CY2017Q4 us-gaap Debt Issuance Costs Line Of Credit Arrangements Gross
DebtIssuanceCostsLineOfCreditArrangementsGross
9673000 USD
CY2020Q1 us-gaap Debt Issuance Costs Line Of Credit Arrangements Net
DebtIssuanceCostsLineOfCreditArrangementsNet
2172000 USD
CY2019Q4 us-gaap Debt Issuance Costs Line Of Credit Arrangements Net
DebtIssuanceCostsLineOfCreditArrangementsNet
2765000 USD
CY2020Q1 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
311540000 USD
CY2019Q4 us-gaap Held To Maturity Securities
HeldToMaturitySecurities
316991000 USD
CY2020Q1 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
107387000 USD
CY2019Q1 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
180812000 USD
CY2017Q1 us-gaap Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
2500000000 USD
CY2017Q1 invh Debt Instrument Length Of Maturity Date Extensions
DebtInstrumentLengthOfMaturityDateExtensions
P1Y
CY2020Q1 us-gaap Convertible Debt
ConvertibleDebt
335559000 USD
CY2019Q4 us-gaap Convertible Debt
ConvertibleDebt
334299000 USD
CY2020Q1 us-gaap Share Price
SharePrice
21.37
CY2020Q1 invh Debt Instrument Percentage Of Repurchase Price To Principal Amount If Company Undergoes Fundamental Change
DebtInstrumentPercentageOfRepurchasePriceToPrincipalAmountIfCompanyUndergoesFundamentalChange
1
CY2020Q1 invh Debt Instrument Event Of Default Minimum Percentage Of Principal Amount
DebtInstrumentEventOfDefaultMinimumPercentageOfPrincipalAmount
0.25
CY2020Q1 invh Debt Instrument Percentage Of Repurchase Price To Principal Amount If Company Defaults
DebtInstrumentPercentageOfRepurchasePriceToPrincipalAmountIfCompanyDefaults
1
CY2020Q1 invh Debt Instrument Percentage Of Repurchase Price To Principal Amount If Company Defaults
DebtInstrumentPercentageOfRepurchasePriceToPrincipalAmountIfCompanyDefaults
1
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
3446561000 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
1987066000 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
1845000000 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
0 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
0 USD
CY2020Q1 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
1398945000 USD
CY2020Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
8677572000 USD
CY2020Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
29326000 USD
CY2020Q1 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
9441000 USD
CY2020Q1 us-gaap Long Term Debt
LongTermDebt
8638805000 USD
CY2020Q1 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
135646000 USD
CY2020Q1 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
0 USD
CY2020Q1 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
22000 USD
CY2020Q1 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
0 USD
CY2020Q1 us-gaap Derivative Liabilities
DerivativeLiabilities
607992000 USD
CY2020Q1 us-gaap Derivative Collateral Right To Reclaim Securities
DerivativeCollateralRightToReclaimSecurities
0 USD
CY2020Q1 us-gaap Derivative Assets
DerivativeAssets
22000 USD
CY2020Q1 us-gaap Derivative Collateral Obligation To Return Securities
DerivativeCollateralObligationToReturnSecurities
0 USD
CY2020Q1 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
0 USD
CY2020Q1 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
22000 USD
CY2020Q1 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
607992000 USD
CY2020Q1 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
0 USD
CY2020Q1 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
607992000 USD
CY2019Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
1643000 USD
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DerivativeAssetFairValueGrossLiability
0 USD
CY2019Q4 us-gaap Derivative Assets
DerivativeAssets
1643000 USD
CY2019Q4 us-gaap Derivative Collateral Obligation To Return Securities
DerivativeCollateralObligationToReturnSecurities
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CY2019Q4 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
0 USD
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DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
589000 USD
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275679000 USD
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DerivativeLiabilityFairValueGrossAsset
0 USD
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DerivativeLiabilities
275679000 USD
CY2019Q4 us-gaap Derivative Collateral Right To Reclaim Securities
DerivativeCollateralRightToReclaimSecurities
1054000 USD
CY2019Q4 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
0 USD
CY2019Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
274625000 USD
CY2020Q1 us-gaap Interest Expense
InterestExpense
84757000 USD
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InterestExpense
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CY2020Q1 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
607992000 USD
CY2020Q1 us-gaap Assets Needed For Immediate Settlement Aggregate Fair Value
AssetsNeededForImmediateSettlementAggregateFairValue
637627000 USD
CY2020Q1 us-gaap Limited Partners Capital Account Units Outstanding
LimitedPartnersCapitalAccountUnitsOutstanding
3463285 shares
CY2020Q1 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
2124720 shares
CY2020Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.15
CY2020Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
81673000 USD
CY2019Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.13
CY2019Q4 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
70693000 USD
CY2019Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.13
CY2019Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
67965000 USD
CY2019Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.13
CY2019Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
70465000 USD
CY2019Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.13
CY2019Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
68334000 USD
CY2020Q1 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
680000 USD
CY2019Q1 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
736000 USD
CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.172
CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.173
CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0085
CY2020Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4101000 USD
CY2019Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5607000 USD
CY2020Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
49854000 USD
CY2019Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
20716000 USD
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
542549512 shares
CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
521440822 shares
CY2020Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1354908 shares
CY2019Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
376672 shares
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
543904420 shares
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
521817494 shares
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.09
CY2019Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.04
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.09
CY2019Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.04
CY2020Q1 us-gaap Gain Loss On Sale Of Properties Applicable Income Taxes
GainLossOnSaleOfPropertiesApplicableIncomeTaxes
130000 USD
CY2019Q1 us-gaap Gain Loss On Sale Of Properties Applicable Income Taxes
GainLossOnSaleOfPropertiesApplicableIncomeTaxes
761000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
3459000 USD
CY2020Q1 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
1905000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
4404000 USD
CY2020Q1 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
2474000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
2827000 USD
CY2020Q1 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
1913000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1682000 USD
CY2020Q1 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
1901000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
1530000 USD
CY2020Q1 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
478000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
529000 USD
CY2020Q1 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
0 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
14431000 USD
CY2020Q1 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
8671000 USD
CY2020Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1067000 USD
CY2020Q1 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
630000 USD
CY2020Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
13364000 USD
CY2020Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
8041000 USD
CY2020Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
993000 USD
CY2019Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
981000 USD
CY2020Q1 us-gaap Variable Lease Cost
VariableLeaseCost
335000 USD
CY2019Q1 us-gaap Variable Lease Cost
VariableLeaseCost
343000 USD
CY2020Q1 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
1328000 USD
CY2019Q1 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
1324000 USD
CY2020Q1 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
208000 USD
CY2019Q1 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
108000 USD
CY2020Q1 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
142000 USD
CY2019Q1 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
13000 USD
CY2020Q1 invh Finance Lease Cost
FinanceLeaseCost
350000 USD
CY2019Q1 invh Finance Lease Cost
FinanceLeaseCost
121000 USD

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