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Note 4 - Investments in Unconsolidated Real Estate (Tables) | 9 Months Ended
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Sep. 30, 2025
Notes Tables |
Equity Method Investments [Table Text Block] |
|  |  |  |  |  |  |  |  |  |  |  | Carrying Value As Of |
Investments in Unconsolidated Real Estate Entities |  | Location |  | Units (1) |  |  | IRT Ownership Interest |  |  | September 30, 2025 |  |  | December 31, 2024 |
Metropolis at Innsbrook (2) |  | Richmond, VA |  |  | 402 |  |  |  | 84.8 | % |  | $ | — |  |  | $ | 21,163 |
Views of Music City II (3) |  | Nashville, TN |  |  | 209 |  |  |  | 50.0 | % |  |  | 5,912 |  |  |  | 5,905 |
Lakeline Station (4) |  | Austin, TX |  |  | 378 |  |  |  | 90.0 | % |  |  | 40,983 |  |  |  | 36,106 |
The Mustang (5) |  | Dallas, TX |  |  | 275 |  |  |  | 85.0 | % |  |  | 31,038 |  |  |  | 28,801 |
Nexton Pine Hollow |  | Charleston, SC |  |  | 324 |  |  |  | 90.0 | % |  |  | 16,032 |  |  |  | — |
Total |  |  | 1,588 |  |  |  |  |  |  | $ | 93,965 |  |  | $ | 91,975 |

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- Definition Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 323 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481687/323-10-50-3 + Details
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