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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Cash flows from operating activities:    
Net income (loss) $ (241)us-gaap_ProfitLoss $ 2,935us-gaap_ProfitLoss
Adjustments to reconcile net income (loss) to cash flow from operating activities:    
Depreciation and amortization 6,038us-gaap_DepreciationAndAmortization 2,123us-gaap_DepreciationAndAmortization
Amortization of deferred financing costs and premium on indebtedness, net (159)us-gaap_AmortizationOfFinancingCostsAndDiscounts (23)us-gaap_AmortizationOfFinancingCostsAndDiscounts
Share based compensation 70us-gaap_ShareBasedCompensation 31us-gaap_ShareBasedCompensation
(Gain) loss on assets   (2,882)us-gaap_GainLossOnDispositionOfAssets
Changes in assets and liabilities:    
Accounts receivable and other assets 452us-gaap_IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets (862)us-gaap_IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
Accounts payable and accrued expenses 2,338us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities 1,352us-gaap_IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
Accrued interest payable (18)us-gaap_IncreaseDecreaseInInterestPayableNet (31)us-gaap_IncreaseDecreaseInInterestPayableNet
Other liabilities 23us-gaap_IncreaseDecreaseInOtherCurrentLiabilities 9us-gaap_IncreaseDecreaseInOtherCurrentLiabilities
Cash flow from operating activities 8,503us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations 2,652us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
Cash flows from investing activities:    
Acquisition of real estate properties   (58,186)us-gaap_PaymentsToAcquireRealEstate
Capital expenditures (993)us-gaap_PaymentsToAcquireOtherProductiveAssets (381)us-gaap_PaymentsToAcquireOtherProductiveAssets
(Increase) decrease in restricted cash (1,022)us-gaap_IncreaseDecreaseInRestrictedCash (1,683)us-gaap_IncreaseDecreaseInRestrictedCash
Cash flow from investing activities (2,015)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (60,250)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
Cash flows from financing activities:    
Debt borrowings 22,900us-gaap_ProceedsFromIssuanceOfDebt 18,767us-gaap_ProceedsFromIssuanceOfDebt
Debt repayments (18,882)us-gaap_RepaymentsOfDebt (213)us-gaap_RepaymentsOfDebt
Proceeds from issuance of common stock (58)us-gaap_ProceedsFromIssuanceOfCommonStock 62,984us-gaap_ProceedsFromIssuanceOfCommonStock
(Payments) reimbursements for deferred financing costs (177)irt_PaymentsReimbursementsForDeferredFinancingCosts  
Distributions on common stock (5,719)us-gaap_PaymentsOfDividendsCommonStock (2,639)us-gaap_PaymentsOfDividendsCommonStock
Distributions to noncontrolling interests (231)us-gaap_PaymentsOfDividendsMinorityInterest  
Cash flow from financing activities (2,167)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations 78,899us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
Net change in cash and cash equivalents 4,321us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 21,301us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents, beginning of period 14,763us-gaap_CashAndCashEquivalentsAtCarryingValue 3,334us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents, end of the period 19,084us-gaap_CashAndCashEquivalentsAtCarryingValue 24,635us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental cash flow information:    
Cash paid for interest 4,199us-gaap_InterestPaid 1,354us-gaap_InterestPaid
Mortgage debt assumed   $ 66,963us-gaap_LoansAssumed1