XML 50 R48.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2

Derivative Financial Instruments - Additional Information (Detail) - USD ($)					12 Months Ended
	May 09, 2019	Oct. 17, 2018	Nov. 17, 2017	Jun. 24, 2016	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Nov. 30, 2018	Jan. 04, 2018	Nov. 20, 2017	Apr. 17, 2017
Derivative Instruments Gain Loss [Line Items]
Derivative, strike rate for the interest rate swap contract				1.145%								1.1325%
Realized gains (losses) on interest rate hedges reclassified to earnings						$ 1,139,000	$ 1,372,000	$ (107,000)
Unsecured Term Loan
Derivative Instruments Gain Loss [Line Items]
Secured credit facility borrowing capacity			$ 100,000,000								$ 100,000,000
Cash Flow Hedge
Derivative Instruments Gain Loss [Line Items]
Derivative, notional amount						400,000,000	400,000,000
Derivative, strike rate for the forward interest rate swap contract	2.176%
Cash Flow Hedge | Other Income (Expense)
Derivative Instruments Gain Loss [Line Items]
Recognition of hedge ineffectiveness								$ 94,000
Interest Rate Swap
Derivative Instruments Gain Loss [Line Items]
Derivative, notional amount				$ 150,000,000
Derivative, maturity date				Jun. 17, 2021
Recognition of hedge ineffectiveness						0
Interest Rate Swap | Cash Flow Hedge
Derivative Instruments Gain Loss [Line Items]
Derivative, notional amount						150,000,000	150,000,000
Interest Rate Collar | Cash Flow Hedge
Derivative Instruments Gain Loss [Line Items]
Derivative, notional amount		$ 100,000,000	$ 100,000,000			$ 250,000,000	$ 250,000,000		$ 150,000,000
Derivative, maturity date		Jan. 17, 2024	Nov. 17, 2024
Interest rate cap strike rate		2.50%	2.00%
Floor interest rate		2.25%	1.25%
Interest Rate Collar | Cash Flow Hedge | Designated
Derivative Instruments Gain Loss [Line Items]
Derivative, notional amount			$ 50,000,000
Interest Rate Collar | Cash Flow Hedge
Derivative Instruments Gain Loss [Line Items]
Derivative, notional amount			$ 50,000,000
Interest Rate Collar | Cash Flow Hedge | Designated
Derivative Instruments Gain Loss [Line Items]
Derivative, notional amount										$ 50,000,000
Forward Interest Rate Swap | Cash Flow Hedge
Derivative Instruments Gain Loss [Line Items]
Derivative, notional amount	$ 150,000,000
Derivative, maturity date	Jun. 17, 2026
Derivative, effective date	Jun. 17, 2021
Interest Rate Swaps and Caps | Cash Flow Hedge | Scenario, Forecast
Derivative Instruments Gain Loss [Line Items]
Reclassified out of accumulated other comprehensive income to earnings, amount					$ 1,478,000

X

- Definition

Derivative effective date.

+ References

No definition available.

+ Details

Name:	irt_DerivativeEffectiveDate
Namespace Prefix:	irt_
Data Type:	xbrli:dateItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Interest rate cash flow hedge gain loss reclassified to earnings net of mark to market.

+ References

No definition available.

+ Details

Name:	irt_InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNetOfMarkToMarket
Namespace Prefix:	irt_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

X

- Definition

Cap rate on an interest rate derivative such as an interest rate cap or collar. If market rates exceed the cap rate, a payment or receipt is triggered on the contract.

+ References

No definition available.

+ Details

Name:	us-gaap_DerivativeCapInterestRate
Namespace Prefix:	us-gaap_
Data Type:	num:percentItemType
Balance Type:	na
Period Type:	instant

X

- Definition

Floor rate on an interest rate derivative such as an interest rate floor or collar. If market rates falls below the floor rate, a payment or receipt is triggered on the contract.

+ References

No definition available.

+ Details

Name:	us-gaap_DerivativeFloorInterestRate
Namespace Prefix:	us-gaap_
Data Type:	num:percentItemType
Balance Type:	na
Period Type:	instant

X

- Definition

Stated rate on an interest rate forward or futures contract.

+ References

No definition available.

+ Details

Name:	us-gaap_DerivativeForwardInterestRate
Namespace Prefix:	us-gaap_
Data Type:	num:percentItemType
Balance Type:	na
Period Type:	instant

X

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

+ Details

Name:	us-gaap_DerivativeInstrumentsGainLossLineItems
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The effective portion of net gain (loss) reclassified from accumulated other comprehensive income into income on derivative instruments designated and qualifying as hedging instruments.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4D
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624177-113959

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624171-113959

+ Details

Name:	us-gaap_DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

X

- Definition

Date the derivative contract matures, in CCYY-MM-DD format.

+ References

No definition available.

+ Details

Name:	us-gaap_DerivativeMaturityDates
Namespace Prefix:	us-gaap_
Data Type:	xbrli:dateItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Nominal or face amount used to calculate payment on derivative.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1B
-URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5580258-113959

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1A
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5579245-113959

+ Details

Name:	us-gaap_DerivativeNotionalAmount
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	na
Period Type:	instant

X

- Definition

Fixed interest rate that will be received or paid upon exercise of the interest rate swaption contract.

+ References

No definition available.

+ Details

Name:	us-gaap_DerivativeSwaptionInterestRate
Namespace Prefix:	us-gaap_
Data Type:	num:percentItemType
Balance Type:	na
Period Type:	instant

X

- Definition

The net gain (loss) during the reporting period due to ineffectiveness in interest rate cash flow hedges. Recognized in earnings.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-Subparagraph (d)(1)
-URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624171-113959

+ Details

Name:	us-gaap_GainLossOnInterestRateCashFlowHedgeIneffectiveness
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

X

- Definition

Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.19(b),22(b))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

Name:	us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant

X

- Details

Name:	us-gaap_CreditFacilityAxis=irt_UnsecuredTermLoanMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis=us-gaap_CashFlowHedgingMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis=irt_FreestandingDerivativesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_IncomeStatementLocationAxis=us-gaap_OtherNonoperatingIncomeExpenseMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_DerivativeInstrumentRiskAxis=us-gaap_InterestRateSwapMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_DerivativeInstrumentRiskAxis=irt_InterestRateCollarMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_HedgingDesignationAxis=us-gaap_DesignatedAsHedgingInstrumentMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_DerivativeInstrumentRiskAxis=irt_ForwardInterestRateSwapMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_DerivativeInstrumentRiskAxis=irt_InterestRateSwapsAndCapsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	srt_StatementScenarioAxis=srt_ScenarioForecastMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: