XML 53 R33.htm IDEA: XBRL DOCUMENT v2.4.1.9
Summary of Information Concerning Indebtedness that Encumbered our Properties (Parenthetical) (Detail)
12 Months Ended 0 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Mar. 31, 2014
Belle Creek Apartments | Floating Rate      
Mortgage Loans on Real Estate [Line Items]      
Debt instrument interest rate 2.25%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
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2.25%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= irt_BelleCreekApartmentsMember
/ us-gaap_VariableRateAxis
= irt_FloatingRateMember
 
Belle Creek Apartments | 30-Day LIBOR      
Mortgage Loans on Real Estate [Line Items]      
Debt instrument interest rate 0.17%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= irt_BelleCreekApartmentsMember
/ us-gaap_VariableRateAxis
= us-gaap_LondonInterbankOfferedRateLIBORMember
0.17%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= irt_BelleCreekApartmentsMember
/ us-gaap_VariableRateAxis
= us-gaap_LondonInterbankOfferedRateLIBORMember
 
Berkshire Square Apartments      
Mortgage Loans on Real Estate [Line Items]      
Interest payment period Monthly Monthly  
Principal date Feb. 01, 2016 Feb. 01, 2016  
Amortization schedule 30 years 30 years  
Centrepoint Apartments      
Mortgage Loans on Real Estate [Line Items]      
Interest payment period Monthly Monthly  
Principal date Feb. 01, 2015 Feb. 01, 2015  
Amortization schedule 30 years 30 years  
Tresa At Arrowhead | Floating Rate      
Mortgage Loans on Real Estate [Line Items]      
Debt instrument interest rate 2.25%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= irt_TresaAtArrowheadMember
/ us-gaap_VariableRateAxis
= irt_FloatingRateMember
2.25%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= irt_TresaAtArrowheadMember
/ us-gaap_VariableRateAxis
= irt_FloatingRateMember
 
Tresa At Arrowhead | 30-Day LIBOR      
Mortgage Loans on Real Estate [Line Items]      
Debt instrument interest rate 0.17%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= irt_TresaAtArrowheadMember
/ us-gaap_VariableRateAxis
= us-gaap_LondonInterbankOfferedRateLIBORMember
0.17%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis
= irt_TresaAtArrowheadMember
/ us-gaap_VariableRateAxis
= us-gaap_LondonInterbankOfferedRateLIBORMember
 
King's Landing      
Mortgage Loans on Real Estate [Line Items]      
Interest payment period Monthly   Monthly
Principal date Jun. 01, 2017   Jun. 01, 2017
Amortization schedule 30 years   30 years
Secured Credit Facility | Floating Rate      
Mortgage Loans on Real Estate [Line Items]      
Debt instrument interest rate 2.50%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_CreditFacilityAxis
= irt_SecuredCreditFacilityMember
/ us-gaap_VariableRateAxis
= irt_FloatingRateMember
2.75%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_CreditFacilityAxis
= irt_SecuredCreditFacilityMember
/ us-gaap_VariableRateAxis
= irt_FloatingRateMember
 
Secured Credit Facility | 30-Day LIBOR      
Mortgage Loans on Real Estate [Line Items]      
Debt instrument interest rate 0.17%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_CreditFacilityAxis
= irt_SecuredCreditFacilityMember
/ us-gaap_VariableRateAxis
= us-gaap_LondonInterbankOfferedRateLIBORMember
0.17%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
/ us-gaap_CreditFacilityAxis
= irt_SecuredCreditFacilityMember
/ us-gaap_VariableRateAxis
= us-gaap_LondonInterbankOfferedRateLIBORMember
 
OKC Portfolio      
Mortgage Loans on Real Estate [Line Items]      
Amortization schedule 30 years    
Contractual interest rate 5.60%irt_FixedInterestRateBearingOnMinimumPercentageOfAggregateOutstandingDebt
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= irt_OKCPortfolioMember