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Summary of Significant Accounting Policies - Additional Information (Detail) | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2024 USD ($) investment property | Mar. 31, 2024 USD ($) | Dec. 31, 2023 USD ($) property | Jun. 30, 2023 USD ($) | Mar. 31, 2023 USD ($) | Jun. 30, 2024 USD ($) investment property | Jun. 30, 2023 USD ($)
Real Estate Properties [Line Items] |  |  |  |  |  |  |
Restricted cash | $ 26,364,000 |  | $ 27,880,000 |  |  | $ 26,364,000 |
Acquisition of above-market in-place leases, amortization period | 6 months |  |  |  |  | 6 months |
Amortization expense for intangible assets | $ 0 |  |  | $ 0 |  | $ 66,000 | $ 399,000
Impairment, Intangible Asset, Finite-Lived, Statement of Income or Comprehensive Income [Extensible Enumeration] | Depreciation and amortization expense |  |  | Depreciation and amortization expense |  | Depreciation and amortization expense | Depreciation and amortization expense
Write-off of fully amortized intangible assets | $ 0 |  |  | $ 0 |  | $ 398,000 | $ 1,099,000
Impairment charges | 0 |  |  | 0 |  | 15,107,000 | 0
Depreciation expense | 53,757,000 |  |  | 53,700,000 |  | 107,080,000 | 106,587,000
Fully depreciated fixed assets, wrote-off | 8,328,000 |  |  | 5,114,000 |  | 15,604,000 | 8,033,000
Net casualty losses | 465,000 |  |  | 680,000 |  | 2,767,000 | 831,000
Interest costs capitalized | 1,771,000 |  |  | 1,715,000 |  | 3,341,000 | 3,168,000
Investments in real estate under development | $ 115,196,000 |  | 98,365,000 |  |  | $ 115,196,000 |
Number of investment in unconsolidated real estate entities | investment | 4 |  |  |  |  | 4 |
Impairment of real estate |  | $ 15,107,000 | 32,956,000 |  |  | $ 15,107,000 |
Right-of-use assets | $ 2,085,000 |  | 2,408,000 |  |  | $ 2,085,000 |
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List] | Other assets |  |  |  |  | Other assets |
Lease liability | $ 2,355,000 |  | 2,701,000 |  |  | $ 2,355,000 |
Operating Lease, Liability, Statement of Financial Position [Extensible List] | Other liabilities |  |  |  |  | Other liabilities |
Total operating lease expense | $ 189,000 |  |  | 202,000 |  | $ 409,000 | 412,000
Income tax expense | 0 |  |  | 0 |  | 0 | 0
Restructuring costs | 0 |  |  | 0 | $ 3,213,000 | 0 | 3,213,000
Investments In Unconsolidated Real Estate Entities |  |  |  |  |  |  |
Real Estate Properties [Line Items] |  |  |  |  |  |  |
Interest costs capitalized | 1,190,000 |  |  | $ 1,089,000 |  | 2,462,000 | $ 2,095,000
Real Estate Investment |  |  |  |  |  |  |
Real Estate Properties [Line Items] |  |  |  |  |  |  |
Investments in real estate under development | $ 87,061,000 |  | $ 77,520,000 |  |  | $ 87,061,000 |
Denver Colorado |  |  |  |  |  |  |
Real Estate Properties [Line Items] |  |  |  |  |  |  |
Number of multifamily properties owned | property | 2 |  | 2 |  |  | 2 |
Nashville, TN | Views of Music City / The Crockett |  |  |  |  |  |  |
Real Estate Properties [Line Items] |  |  |  |  |  |  |
IRT Ownership Interest | 50.00% |  |  |  |  | 50.00% |
Austin, TX | Lakeline Station |  |  |  |  |  |  |
Real Estate Properties [Line Items] |  |  |  |  |  |  |
IRT Ownership Interest | 90.00% |  |  |  |  | 90.00% |
Building and Building Improvements |  |  |  |  |  |  |
Real Estate Properties [Line Items] |  |  |  |  |  |  |
Depreciable Lives (In years) | 40 years |  |  |  |  | 40 years |
Minimum | Equipment and Fixtures |  |  |  |  |  |  |
Real Estate Properties [Line Items] |  |  |  |  |  |  |
Depreciable Lives (In years) | 5 years |  |  |  |  | 5 years |
Maximum |  |  |  |  |  |  |
Real Estate Properties [Line Items] |  |  |  |  |  |  |
Operating lease term | 10 years |  |  |  |  | 10 years |
Maximum | Equipment and Fixtures |  |  |  |  |  |  |
Real Estate Properties [Line Items] |  |  |  |  |  |  |
Depreciable Lives (In years) | 10 years |  |  |  |  | 10 years |

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