XML 56 R45.htm IDEA: XBRL DOCUMENT
v3.25.1

Note 7 - Stockholders' Equity and Noncontrolling Interests (Details Textual) $ / shares in Units, $ in Thousands |  | 3 Months Ended |  |  |  |
--- | --- | --- | --- | --- | --- | ---
Sep. 03, 2024 $ / shares shares | Mar. 31, 2025 USD ($) $ / shares shares | Mar. 31, 2024 $ / shares shares | Dec. 31, 2024 $ / shares | Sep. 30, 2024 $ / shares | Jul. 28, 2023 USD ($) | May 18, 2022 USD ($)
Common Stock, Dividends, Per Share, Declared (in dollars per share) |  | $ 0.16 | $ 0.16 |  |  |  |
Common Stock, Par or Stated Value Per Share (in dollars per share) |  | $ 0.01 |  | $ 0.01 |  |  |
Number of Forward Sale Agreements | 2 |  |  |  |  |  |
At Market Sales Agreement, Maximum Offer Price of Common Shares | $ |  |  |  |  |  | $ 450,000 |
Share Repurchase Program, Authorized, Amount | $ |  |  |  |  |  |  | $ 250,000
Stock Repurchased and Retired During Period, Shares (in shares) | shares |  | 0 | 0 |  |  |  |
Share Repurchase Program, Remaining Authorized, Amount | $ |  | $ 250,000 |  |  |  |  |
Limited Partners' Capital Account, Units Outstanding (in shares) | shares |  | 5,941,643 |  |  |  |  |
Forward Sale Agreement [Member] |  |  |  |  |  |  |
Shares Issued, Price Per Share (in dollars per share) |  | $ 18.96 |  |  |  |  |
Sale of Stock, Settlement Value of Shares | $ |  | $ 50,059 |  |  |  |  |
Sale of Stock, Additional Settlement Value of Shares | $ |  | $ 105,784 |  |  |  |  |
At Market Program [Member] |  |  |  |  |  |  |
Stock Issued During Period, Shares, New Issues (in shares) | shares |  | 2,681,000 |  |  |  |  |
Shares Issued, Price Per Share (in dollars per share) |  | $ 20.86 |  |  |  |  |
Proceeds from Sale of Stock, Net | $ |  | $ 55,947 |  |  |  |  |
RBC Capital Markets LLC and Citibank N. A. [Member] | Forward Sale Agreement [Member] |  |  |  |  |  |  |
Shares Issued, Price Per Share (in dollars per share) |  | $ 18.89 |  |  |  |  |
Equity Shares Settled (in shares) | shares |  | 2,650,000 |  |  |  |  |
Equity Shares Remaining to be Settled (in shares) | shares |  | 5,600,000 |  |  |  |  |
RBC Capital Markets LLC and Citibank N. A. [Member] | Underwriting Agreement [Member] |  |  |  |  |  |  |
Stock Issued During Period, Shares, New Issues (in shares) | shares | 11,500,000 |  |  |  |  |  |
Common Stock, Par or Stated Value Per Share (in dollars per share) | $ 0.01 |  |  |  |  |  |
Shares Issued, Price Per Share (in dollars per share) | $ 18.96 |  |  |  |  |  |
RBC Capital Markets LLC and Citibank N. A. [Member] | Underwriting Agreement [Member] | Over-Allotment Option [Member] |  |  |  |  |  |  |
Stock Issued During Period, Shares, New Issues (in shares) | shares | 1,500,000 |  |  |  |  |  |
RBC Capital Markets LLC and Citibank N. A. [Member] | Underwriting Agreement [Member] | Forward Sale Agreement [Member] |  |  |  |  |  |  |
Stock Issued During Period, Shares, New Issues (in shares) | shares | 11,500,000 |  |  |  |  |  |
O 2025 Q1 Dividends[Member] |  |  |  |  |  |  |
Common Stock, Dividends, Per Share, Declared (in dollars per share) |  | $ 0.16 |  |  |  |  |
O 2024 Q3 Dividends[Member] |  |  |  |  |  |  |
Unit Dividends Per Share Declared (in dollars per share) |  |  |  |  | $ 0.16 |  |

X
- Definition Represents the maximum offer price of common shares in an at market sales agreement. + References No definition available. + Details
Name: | irt_AtMarketSalesAgreementMaximumOfferPriceOfCommonShares
Namespace Prefix: | irt_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Represents the number of equity shares that remain to be settled at a point in time. + References No definition available. + Details
Name: | irt_EquitySharesRemainingToBeSettled
Namespace Prefix: | irt_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition The number of shares that were settled at a point in time. + References No definition available. + Details
Name: | irt_EquitySharesSettled
Namespace Prefix: | irt_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition Represents the number of forward sale agreements. + References No definition available. + Details
Name: | irt_NumberOfForwardSaleAgreements
Namespace Prefix: | irt_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition The proceeds from the sale of stock, net of fees and commission. + References No definition available. + Details
Name: | irt_ProceedsFromSaleOfStockNet
Namespace Prefix: | irt_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The additional value of the shares to be settled in the sale of stock. + References No definition available. + Details
Name: | irt_SaleOfStockAdditionalSettlementValueOfShares
Namespace Prefix: | irt_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Represents the settlement value of shares in a sale of stock. + References No definition available. + Details
Name: | irt_SaleOfStockSettlementValueOfShares
Namespace Prefix: | irt_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Represents the number of united dividends declared per share. + References No definition available. + Details
Name: | irt_UnitDividendsPerShareDeclared
Namespace Prefix: | irt_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition Amount authorized for purchase of share under share repurchase plan. Includes, but is not limited to, repurchase of stock and unit of ownership. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 505 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481520/505-30-50-4 + Details
Name: | srt_StockRepurchaseProgramAuthorizedAmount1
Namespace Prefix: | srt_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Aggregate dividends declared during the period for each share of common stock outstanding. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480008/505-10-S99-1 + Details
Name: | us-gaap_CommonStockDividendsPerShareDeclared
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | duration

X
- Definition Face amount or stated value per share of common stock. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_CommonStockParOrStatedValuePerShare
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition The number of limited partner units outstanding. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 5 -Subparagraph (SAB Topic 4.F) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480008/505-10-S99-5 + Details
Name: | us-gaap_LimitedPartnersCapitalAccountUnitsOutstanding
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition Per share or per unit amount of equity securities issued. + References No definition available. + Details
Name: | us-gaap_SharesIssuedPricePerShare
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition Number of new stock issued during the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -SubTopic 10 -Topic 505 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(28)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 505 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478448/946-505-50-2 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.6-09(4)(b)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479134/946-220-S99-3 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.6-03(i)(1)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479886/946-10-S99-3 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480008/505-10-S99-1 + Details
Name: | us-gaap_StockIssuedDuringPeriodSharesNewIssues
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount remaining authorized for purchase of share under share repurchase plan. Includes, but is not limited to, repurchase of stock and unit of ownership. + References No definition available. + Details
Name: | us-gaap_StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Number of shares that have been repurchased and retired during the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -SubTopic 10 -Topic 505 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481112/505-10-50-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(28)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480008/505-10-S99-1 + Details
Name: | us-gaap_StockRepurchasedAndRetiredDuringPeriodShares
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_SubsidiarySaleOfStockAxis=irt_ForwardSaleAgreementMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_SubsidiarySaleOfStockAxis=irt_AtMarketProgramMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_CounterpartyNameAxis=irt_RbcCapitalMarketsLlcAndCitibankNAMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_TypeOfArrangementAxis=irt_UnderwritingAgreementMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_SubsidiarySaleOfStockAxis=us-gaap_OverAllotmentOptionMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DividendsAxis=irt_O2025Q1DividendsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DividendsAxis=irt_O2024Q3DividendsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |