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Investments in Unconsolidated Real Estate Entities - Schedule of Investments in Unconsolidated Real Estate (Details) $ in Thousands |  | 12 Months Ended |  |
--- | --- | --- | --- | ---
Oct. 17, 2024 USD ($) | Dec. 31, 2024 USD ($) unit jointVenture | Jun. 21, 2024 | Dec. 31, 2023 USD ($)
Schedule of Equity Method Investments [Line Items] |  |  |  |
Units | jointVenture |  | 1,264 |  |
Carrying Value As Of | $ |  | $ 91,975 |  | $ 89,044
Metropolis at Innsbrook |  |  |  |
Schedule of Equity Method Investments [Line Items] |  |  |  |
IRT Ownership Interest |  |  | 85.00% |
Number of real estate investment units placed in service |  | 402 |  |
Number of remaining real estate investment units placed in service |  | 90 |  |
Metropolis at Innsbrook | Richmond, VA |  |  |  |
Schedule of Equity Method Investments [Line Items] |  |  |  |
Units |  | 402 |  |
IRT Ownership Interest |  | 84.80% |  |
Carrying Value As Of | $ |  | $ 21,163 |  | 18,028
Views of Music City II | Nashville, TN |  |  |  |
Schedule of Equity Method Investments [Line Items] |  |  |  |
Units |  | 209 |  |
IRT Ownership Interest |  | 50.00% |  |
Carrying Value As Of | $ |  | $ 5,905 |  | 5,791
The Crockett |  |  |  |
Schedule of Equity Method Investments [Line Items] |  |  |  |
Number of remaining real estate investment units placed in service |  | 199 |  |
Partners' capital account, return of capital | $ | $ 5,541 |  |  |
Preferred stock, redemption amount | $ | $ 2,964 |  |  |
The Crockett | Nashville, TN |  |  |  |
Schedule of Equity Method Investments [Line Items] |  |  |  |
Units |  | 0 |  |
IRT Ownership Interest |  | 0.00% |  |
Carrying Value As Of | $ |  | $ 0 |  | 5,841
Lakeline Station | Austin, TX |  |  |  |
Schedule of Equity Method Investments [Line Items] |  |  |  |
Units |  | 378 |  |
IRT Ownership Interest |  | 90.00% |  |
Carrying Value As Of | $ |  | $ 36,106 |  | 32,126
The Mustang |  |  |  |
Schedule of Equity Method Investments [Line Items] |  |  |  |
IRT Ownership Interest |  | 85.00% |  |
Number of real estate investment units placed in service |  | 275 |  |
The Mustang | Dallas, TX |  |  |  |
Schedule of Equity Method Investments [Line Items] |  |  |  |
Units |  | 275 |  |
IRT Ownership Interest |  | 85.00% |  |
Carrying Value As Of | $ |  | $ 28,801 |  | $ 27,258

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