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v3.23.1

Investments in Unconsolidated Real Estate - Summary of Investments In Unconsolidated Real Estate Entities (Details) $ in Thousands | 3 Months Ended |
--- | --- | ---
Mar. 31, 2023 USD ($) unit | Dec. 31, 2022 USD ($)
Schedule of Equity Method Investments [Line Items] |  |
Units | 1,641 |
Investments in unconsolidated real estate entities | $ | $ 92,882 | $ 80,220
Metropolis at Innsbrook | Richmond, VA |  |
Schedule of Equity Method Investments [Line Items] |  |
Units | 402 |
IRT ownership interest | 84.80% |
Investments in unconsolidated real estate entities | $ | $ 17,583 | 17,331
Views of Music City II / The Crockett | Nashville, TN |  |
Schedule of Equity Method Investments [Line Items] |  |
Units | 408 |
IRT ownership interest | 50.00% |
Investments in unconsolidated real estate entities | $ | $ 11,483 | 11,363
Virtuoso |  |
Schedule of Equity Method Investments [Line Items] |  |
Number o f real estate investment units complete | 178 |
Virtuoso | Huntsville, AL |  |
Schedule of Equity Method Investments [Line Items] |  |
Units | 178 |
IRT ownership interest | 90.00% |
Investments in unconsolidated real estate entities | $ | $ 13,647 | 14,422
Lakeline Station | Austin, TX |  |
Schedule of Equity Method Investments [Line Items] |  |
Units | 378 |
IRT ownership interest | 90.00% |
Investments in unconsolidated real estate entities | $ | $ 30,571 | 25,292
The Mustang | Austin, TX |  |
Schedule of Equity Method Investments [Line Items] |  |
Units | 275 |
IRT ownership interest | 85.00% |
Investments in unconsolidated real estate entities | $ | $ 19,598 | $ 11,812
Crocket |  |
Schedule of Equity Method Investments [Line Items] |  |
Number o f real estate investment units complete | 199 |

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