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IRT and STAR Merger - Schedule of Purchase Price of STAR Merger (Details) - STAR $ / shares in Units, $ in Thousands | Dec. 16, 2021 USD ($) $ / shares shares
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Business Acquisition [Line Items] |
Shares of STAR common stock and STAR OP common units exchanged | shares | 117,293,292
Exchange ratio | 0.905
Shares of IRT common stock and IRT OP common units issued (in shares) | shares | 106,150,429
Closing stock price of IRT (in dollars per share) | $ / shares | $ 24.45
Fair value of IRT common stock and IRT OP common units issued to former holders of STAR common stock and STAR OP common units | $ 2,595,378
STAR indebtedness paid off in connection with the Mergers | 288,530
Consideration transferred | 2,883,908
Fair value of STAR debt assumed by IRT | 1,793,614
Total purchase price | $ 4,677,522
Common Shares |
Business Acquisition [Line Items] |
Shares of STAR common stock and STAR OP common units exchanged | shares | 110,188,893
Exchange ratio | 0.905
Shares of IRT common stock and IRT OP common units issued (in shares) | shares | 99,720,948
Closing stock price of IRT (in dollars per share) | $ / shares | $ 24.45
Fair value of IRT common stock and IRT OP common units issued to former holders of STAR common stock and STAR OP common units | $ 2,438,177
OP Units |
Business Acquisition [Line Items] |
Shares of STAR common stock and STAR OP common units exchanged | shares | 7,104,399
Exchange ratio | 0.905
Shares of IRT common stock and IRT OP common units issued (in shares) | shares | 6,429,481
Closing stock price of IRT (in dollars per share) | $ / shares | $ 24.45
Fair value of IRT common stock and IRT OP common units issued to former holders of STAR common stock and STAR OP common units | $ 157,200

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