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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