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Investments in Unconsolidated Real Estate - Schedule of Investments in Unconsolidated Real Estate (Details)
$ in Thousands
12 Months Ended
Dec. 31, 2022
USD ($)
unit
Dec. 31, 2021
USD ($)
Schedule of Equity Method Investments [Line Items]    
Units | unit 1,641  
Investments in unconsolidated real estate entities | $ $ 80,220 $ 24,999
Metropolis at Innsbrook | Richmond, VA    
Schedule of Equity Method Investments [Line Items]    
Units | unit 402  
IRT Ownership Interest 84.80%  
Investments in unconsolidated real estate entities | $ $ 17,331 14,632
Views of Music City II / The Crockett | Nashville, TN    
Schedule of Equity Method Investments [Line Items]    
Units | unit 408  
IRT Ownership Interest 50.00%  
Investments in unconsolidated real estate entities | $ $ 11,363 10,368
Virtuoso | Huntsville, AL    
Schedule of Equity Method Investments [Line Items]    
Units | unit 178  
IRT Ownership Interest 90.00%  
Investments in unconsolidated real estate entities | $ $ 14,422 0
Lakeline Station | Austin, TX    
Schedule of Equity Method Investments [Line Items]    
Units | unit 378  
IRT Ownership Interest 90.00%  
Investments in unconsolidated real estate entities | $ $ 25,292 0
The Mustang | Dallas, TX    
Schedule of Equity Method Investments [Line Items]    
Units | unit 275  
IRT Ownership Interest 85.00%  
Investments in unconsolidated real estate entities | $ $ 11,812 $ 0