$IRT
Independence Realty Trust Inc Stock $irt

$irt Overview Financials Valuation SEC Filings Company Website

2014 Form 10-K Financial Statement

#000119312515094016 Filed on March 16, 2015

Income Statement

Concept	2014	2013 Q4	2013 Q3
Revenue	$49.17M	$5.768M	$4.787M
YoY Change	146.56%	27.84%	18.46%
Cost Of Revenue	$25.10M	$2.720M	$2.420M
YoY Change	158.76%	25.93%	12.56%
Gross Profit	$24.00M	$3.050M	$2.370M
YoY Change	135.29%	29.79%	25.4%
Gross Profit Margin	48.81%	52.88%	49.51%
Selling, General & Admin	$1.100M	$270.0K	$100.0K
YoY Change	83.33%	-22.86%	-50.0%
% of Gross Profit	4.58%	8.85%	4.22%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$8.742M	$1.300M	$967.0K
YoY Change	122.84%	30.0%	15.12%
% of Gross Profit	36.43%	42.62%	40.8%
Operating Expenses	$13.70M	$1.570M	$1.110M
YoY Change	168.63%	17.16%	5.71%
Operating Profit	$8.541M	$1.480M	$1.208M
YoY Change	73.14%	46.53%	51.95%
Interest Expense	$8.496M	-$970.0K	$906.0K
YoY Change	132.19%	7.78%	11.99%
% of Operating Profit	99.47%	-65.54%	75.0%
Other Income/Expense, Net
YoY Change
Pretax Income	$2.900M	$310.0K	$300.0K
YoY Change	123.08%	520.0%	-3100.0%
Income Tax	$0.00	$0.00	$0.00
% Of Pretax Income	0.0%	0.0%	0.0%
Net Earnings	$2.940M	$308.0K	$255.0K
YoY Change	378.05%	-660.0%	-1010.71%
Net Earnings / Revenue	5.98%	5.34%	5.33%
Basic Earnings Per Share	$0.14	$0.03	$0.03
Diluted Earnings Per Share	$0.14	$0.03	$0.03
COMMON SHARES
Basic Shares Outstanding	21.32M	9.653M shares	7.644M shares
Diluted Shares Outstanding	21.53M		7.644M shares

Balance Sheet

Concept	2014	2013 Q4	2013 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$14.80M	$3.300M	$16.50M
YoY Change	348.48%	32.0%	358.33%
Cash & Equivalents	$14.80M	$3.334M	$16.53M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables	$2.300M	$1.700M	$1.000M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$17.10M	$5.000M	$17.50M
YoY Change	242.0%	78.57%	288.89%
LONG-TERM ASSETS
Property, Plant & Equipment	$665.7M	$174.3M	$151.9M
YoY Change	281.93%	23.35%	20.08%
Goodwill
YoY Change
Intangibles		$517.0K
YoY Change		88.69%
Long-Term Investments
YoY Change
Other Assets	$8.100M	$2.000M	$2.600M
YoY Change	305.0%	0.0%	62.5%
Total Long-Term Assets	$677.1M	$176.9M	$154.5M
YoY Change	282.76%	23.34%	20.63%
TOTAL ASSETS
Total Short-Term Assets	$17.10M	$5.000M	$17.50M
Total Long-Term Assets	$677.1M	$176.9M	$154.5M
Total Assets	$694.2M	$181.9M	$172.0M
YoY Change	281.64%	24.4%	29.73%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$8.400M	$2.400M	$2.300M
YoY Change	250.0%	20.0%	27.78%
Accrued Expenses	$0.00	$100.0K	$0.00
YoY Change	-100.0%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$10.40M	$3.000M	$2.800M
YoY Change	246.67%	20.0%	55.56%
LONG-TERM LIABILITIES
Long-Term Debt	$418.9M	$103.3M	$92.30M
YoY Change	305.52%	11.8%
Other Long-Term Liabilities	$1.800M	$700.0K	$700.0K
YoY Change	157.14%	75.0%	-99.15%
Total Long-Term Liabilities	$420.7M	$104.0M	$93.00M
YoY Change	304.52%	12.07%	12.32%
TOTAL LIABILITIES
Total Short-Term Liabilities	$10.40M	$3.000M	$2.800M
Total Long-Term Liabilities	$420.7M	$104.0M	$93.00M
Total Liabilities	$442.9M	$107.0M	$95.81M
YoY Change	313.93%	12.18%	-26.07%
SHAREHOLDERS EQUITY
Retained Earnings		-$3.300M	-$2.063M
YoY Change		722.94%
Common Stock		$96.00K	$96.00K
YoY Change		3100.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$251.3M	$74.91M	$76.22M
YoY Change
Total Liabilities & Shareholders Equity	$694.2M	$181.9M	$172.0M
YoY Change	281.64%	24.4%	29.73%

Cashflow Statement

Concept	2014	2013 Q4	2013 Q3
OPERATING ACTIVITIES
Net Income	$2.940M	$308.0K	$255.0K
YoY Change	378.05%	-660.0%	-1010.71%
Depreciation, Depletion And Amortization	$8.742M	$1.300M	$967.0K
YoY Change	122.84%	30.0%	15.12%
Cash From Operating Activities	$15.72M	$2.290M	$1.670M
YoY Change	161.22%	39.63%	73.96%
INVESTING ACTIVITIES
Capital Expenditures	-$4.160M	-$320.0K	-$460.0K
YoY Change	186.9%	14.29%	64.29%
Acquisitions
YoY Change
Other Investing Activities	-$303.2M	-$23.84M	-$13.24M
YoY Change	724.08%	52.23%	6204.76%
Cash From Investing Activities	-$307.3M	-$24.16M	-$13.70M
YoY Change	703.73%	51.57%	2695.92%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$189.6M
YoY Change	508.57%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	303.0M	8.680M	26.30M
YoY Change	817.69%	-34.29%	-3387.5%
NET CHANGE
Cash From Operating Activities	15.72M	2.290M	1.670M
Cash From Investing Activities	-307.3M	-24.16M	-13.70M
Cash From Financing Activities	303.0M	8.680M	26.30M
Net Change In Cash	11.42M	-13.19M	14.27M
YoY Change	1325.72%	1110.09%	-4424.24%
FREE CASH FLOW
Cash From Operating Activities	$15.72M	$2.290M	$1.670M
Capital Expenditures	-$4.160M	-$320.0K	-$460.0K
Free Cash Flow	$19.88M	$2.610M	$2.130M
YoY Change	166.2%	35.94%	71.77%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2013Q2	irt	Number Of Properties NumberOfProperties	8	Property
CY2014Q2	us-gaap	Employee Stock Ownership Plan Esop Number Of Allocated Shares EmployeeStockOwnershipPlanESOPNumberOfAllocatedShares	9000	shares
CY2014Q2	us-gaap	Share Price SharePrice	8.95
CY2011Q2	us-gaap	Employee Stock Ownership Plan Esop Number Of Allocated Shares EmployeeStockOwnershipPlanESOPNumberOfAllocatedShares	3000	shares
CY2015Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	31894593	shares
CY2013Q3	us-gaap	Preferred Stock Redemption Price Per Share PreferredStockRedemptionPricePerShare	10
CY2013Q4	us-gaap	Employee Stock Ownership Plan Esop Number Of Allocated Shares EmployeeStockOwnershipPlanESOPNumberOfAllocatedShares	9000	shares
CY2013Q4	us-gaap	Share Price SharePrice	8.60
CY2014Q2	dei	Entity Public Float EntityPublicFloat	101447347
CY2011Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	47058000
CY2011Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1107000
CY2012Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	50851000
CY2012Q4	us-gaap	Real Estate Accumulated Depreciation RealEstateAccumulatedDepreciation	12283000
CY2012Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	2533000
CY2012Q4	us-gaap	Real Estate Gross At Carrying Value RealEstateGrossAtCarryingValue	153565000
CY2013Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	190096000
CY2013Q4	us-gaap	Real Estate Gross At Carrying Value RealEstateGrossAtCarryingValue	190096000
CY2013Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	9652540	shares
CY2013Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	9652540	shares
CY2013Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	300000000	shares
CY2013Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2013Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2013Q4	us-gaap	Debt Instrument Interest Rate Effective Percentage DebtInstrumentInterestRateEffectivePercentage	0.038	pure
CY2013Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2013Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2013Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2013Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	74908000
CY2013Q4	us-gaap	Secured Debt SecuredDebt	103303000
CY2013Q4	us-gaap	Real Estate Accumulated Depreciation RealEstateAccumulatedDepreciation	15775000
CY2013Q4	us-gaap	Preferred Stock Value PreferredStockValue
CY2013Q4	us-gaap	Other Liabilities OtherLiabilities	708000
CY2013Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	515000
CY2013Q4	us-gaap	Common Stock Value CommonStockValue	96000
CY2013Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	2374000
CY2013Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-3300000
CY2013Q4	us-gaap	Debt Instrument Face Amount DebtInstrumentFaceAmount	103303000
CY2013Q4	us-gaap	Stockholders Equity StockholdersEquity	74908000
CY2013Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	181871000
CY2013Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	78112000
CY2013Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	15775000
CY2013Q4	us-gaap	Interest And Dividends Payable Current InterestAndDividendsPayableCurrent	63000
CY2013Q4	us-gaap	Accumulated Amortization Deferred Finance Costs AccumulatedAmortizationDeferredFinanceCosts	151000
CY2013Q4	us-gaap	Liabilities Liabilities	106963000
CY2013Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	3334000
CY2013Q4	us-gaap	Land Land	37418000
CY2013Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	174321000
CY2013Q4	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	1122000
CY2013Q4	us-gaap	Buildings And Improvements Gross BuildingsAndImprovementsGross	149657000
CY2013Q4	us-gaap	Accounts And Other Receivables Net Current AccountsAndOtherReceivablesNetCurrent	1731000
CY2013Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	846000
CY2013Q4	us-gaap	Fixtures And Equipment Gross FixturesAndEquipmentGross	3021000
CY2013Q4	us-gaap	Mortgage Loans On Real Estate Carrying Amount Of Mortgages MortgageLoansOnRealEstateCarryingAmountOfMortgages	100803000
CY2013Q4	us-gaap	Assets Assets	181871000
CY2013Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	517000
CY2013Q4	irt	Intangible Assets Accumulated Amortization IntangibleAssetsAccumulatedAmortization	569000
CY2014Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	31800076	shares
CY2014Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	31800076	shares
CY2014Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	300000000	shares
CY2014Q4	us-gaap	Share Price SharePrice	9.31
CY2014Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2014Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2014Q4	us-gaap	Debt Instrument Interest Rate Effective Percentage DebtInstrumentInterestRateEffectivePercentage	0.036	pure
CY2014Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2014Q4	us-gaap	Number Of Real Estate Properties NumberOfRealEstateProperties	30	Property
CY2014Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2014Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2014Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	263034000
CY2014Q4	us-gaap	Secured Debt SecuredDebt	418901000
CY2014Q4	us-gaap	Real Estate Accumulated Depreciation RealEstateAccumulatedDepreciation	23376000
CY2014Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal After Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive	350084000
CY2014Q4	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Liabilities BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities	190761000
CY2014Q4	us-gaap	Preferred Stock Value PreferredStockValue
CY2014Q4	us-gaap	Other Liabilities OtherLiabilities	1831000
CY2014Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	1331000
CY2014Q4	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Noncurrent Liabilities Long Term Debt BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesLongTermDebt	186512000
CY2014Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	1982000
CY2014Q4	us-gaap	Common Stock Value CommonStockValue	318000
CY2014Q4	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilities	3312000
CY2014Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	8353000
CY2014Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-16728000
CY2014Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive	1251000
CY2014Q4	us-gaap	Debt Instrument Face Amount DebtInstrumentFaceAmount	417369000
CY2014Q4	us-gaap	Stockholders Equity StockholdersEquity	251273000
CY2014Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	17809000
CY2014Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	694150000
CY2014Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	267683000
CY2014Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	23376000
CY2014Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	1954000
CY2014Q4	us-gaap	Interest And Dividends Payable Current InterestAndDividendsPayableCurrent	49000
CY2014Q4	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Noncurrent Liabilities Other BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNoncurrentLiabilitiesOther	937000
CY2014Q4	us-gaap	Accumulated Amortization Deferred Finance Costs AccumulatedAmortizationDeferredFinanceCosts	505000
CY2014Q4	us-gaap	Real Estate And Accumulated Depreciation Amount Of Encumbrances RealEstateAndAccumulatedDepreciationAmountOfEncumbrances	398977000
CY2014Q4	us-gaap	Minority Interest MinorityInterest	11761000
CY2014Q4	us-gaap	Liabilities Liabilities	431116000
CY2014Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	44940000
CY2014Q4	us-gaap	Long Term Debt LongTermDebt	417369000
CY2014Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	14763000
CY2014Q4	us-gaap	Land Land	112600000
CY2014Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	665736000
CY2014Q4	us-gaap	Restricted Cash And Cash Equivalents At Carrying Value RestrictedCashAndCashEquivalentsAtCarryingValue	5206000
CY2014Q4	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment	496000000
CY2014Q4	us-gaap	Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements	576512000
CY2013	us-gaap	Payments For Repurchase Of Preferred Stock And Preference Stock PaymentsForRepurchaseOfPreferredStockAndPreferenceStock	137000
CY2013	us-gaap	Increase Decrease In Accounts Receivable And Other Operating Assets IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets	89000
CY2014Q4	us-gaap	Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements	571128000
CY2014Q4	us-gaap	Buildings And Improvements Gross BuildingsAndImprovementsGross	570475000
CY2014Q4	us-gaap	Accounts And Other Receivables Net Current AccountsAndOtherReceivablesNetCurrent	2270000
CY2014Q4	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangibles BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles	6511000
CY2014Q4	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet	316356000
CY2014Q4	us-gaap	Real Estate And Accumulated Depreciation Initial Cost Of Land RealEstateAndAccumulatedDepreciationInitialCostOfLand	112600000
CY2014Q4	us-gaap	Real Estate And Accumulated Depreciation Carrying Amount Of Land RealEstateAndAccumulatedDepreciationCarryingAmountOfLand	112600000
CY2014Q4	us-gaap	Cash Fdic Insured Amount CashFDICInsuredAmount	250000
CY2014Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	2924000
CY2014Q4	us-gaap	Fixtures And Equipment Gross FixturesAndEquipmentGross	6037000
CY2014Q4	us-gaap	Mortgage Loans On Real Estate Carrying Amount Of Mortgages MortgageLoansOnRealEstateCarryingAmountOfMortgages	400509000
CY2014Q4	us-gaap	Assets Assets	694150000
CY2014Q4	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Assets BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets	507117000
CY2014Q4	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Other Noncurrent Assets BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherNoncurrentAssets	2563000
CY2014Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	3251000
CY2014Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	3251000
CY2014Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	689112000
CY2014Q4	us-gaap	Real Estate Gross At Carrying Value RealEstateGrossAtCarryingValue	689112000
CY2014Q4	irt	Intangible Assets Accumulated Amortization IntangibleAssetsAccumulatedAmortization	4346000
CY2014Q4	irt	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Restricted Cash BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedRestrictedCash	784000
CY2014Q4	irt	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Deferred Financing Costs BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDeferredFinancingCosts	1259000
CY2013Q1	us-gaap	Distribution Made To Limited Partner Distributions Declared Per Unit DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit	2.78
CY2013Q2	us-gaap	Distribution Made To Limited Partner Distributions Declared Per Unit DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit	2.78
CY2013Q2	irt	Management Fee Bases Per Annum ManagementFeeBasesPerAnnum	0.001875	pure
CY2013Q2	irt	Percentage Of Management Fee PercentageOfManagementFee	0.001875	pure
CY2014Q2	us-gaap	Stock Issued During Period Value Employee Stock Ownership Plan StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan	81000
CY2013Q4	us-gaap	Stock Issued During Period Value Employee Stock Ownership Plan StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan	77000
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	5274900	shares
CY2011	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	5274900	shares
CY2013	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.12
CY2013	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	6018000
CY2013	us-gaap	Business Acquisition Pro Forma Earnings Per Share Diluted BusinessAcquisitionProFormaEarningsPerShareDiluted	1.10
CY2013	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	5330814	shares
CY2013	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.12
CY2013	us-gaap	Business Acquisition Pro Forma Earnings Per Share Basic BusinessAcquisitionProFormaEarningsPerShareBasic	1.10
CY2013	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	5330814	shares
CY2013	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	-28000
CY2013	us-gaap	Tenant Reimbursements TenantReimbursements	943000
CY2013	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	77000
CY2013	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	1805000
CY2013	us-gaap	Repayments Of Debt RepaymentsOfDebt	222000
CY2013	us-gaap	Profit Loss ProfitLoss	1274000
CY2013	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	2979000
CY2013	us-gaap	Other Income OtherIncome	1157000
CY2013	us-gaap	Operating Income Loss OperatingIncomeLoss	4933000
CY2013	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	0
CY2013	us-gaap	Payments To Acquire Other Productive Assets PaymentsToAcquireOtherProductiveAssets	1445000
CY2013	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	5847000
CY2013	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	36822000
CY2013	us-gaap	Business Combination Pro Forma Information Earnings Or Loss Of Acquiree Since Acquisition Date Actual BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual	0
CY2013	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	648000
CY2013	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	210000
CY2013	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	1323000
CY2013	us-gaap	Revenues Revenues	19943000
CY2013	us-gaap	Net Income Loss NetIncomeLoss	615000
CY2013	us-gaap	Investment Income Interest InvestmentIncomeInterest	0
CY2013	us-gaap	Interest Paid InterestPaid	3545000
CY2013	us-gaap	Asset Management Fees1 AssetManagementFees1	128000
CY2013	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	17843000
CY2013	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	10000
CY2013	us-gaap	Business Combination Pro Forma Information Revenue Of Acquiree Since Acquisition Date Actual BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual	0
CY2013	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	58954000
CY2013	us-gaap	Increase Decrease In Other Current Liabilities IncreaseDecreaseInOtherCurrentLiabilities	19000
CY2013	us-gaap	Interest Expense InterestExpense	3659000
CY2013	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	83000
CY2013	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	490000
CY2013	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	801000
CY2013	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0
CY2013	us-gaap	Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense	3492000
CY2013	us-gaap	Depreciation Depreciation	3923000
CY2013	us-gaap	Depreciation And Amortization DepreciationAndAmortization	4413000
CY2013	us-gaap	Incentive Fee Expense IncentiveFeeExpense	144000
CY2013	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	31000
CY2013	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	33022000
CY2013	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	31153000
CY2013	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-38239000
CY2013	us-gaap	Noncontrolling Interest In Net Income Loss Preferred Unit Holders Redeemable NoncontrollingInterestInNetIncomeLossPreferredUnitHoldersRedeemable	10000
CY2013	us-gaap	Operating Costs And Expenses OperatingCostsAndExpenses	9429000
CY2013	us-gaap	Real Estate Improvements RealEstateImprovements	1014000
CY2013	us-gaap	Costs And Expenses CostsAndExpenses	15010000
CY2013	us-gaap	Real Estate Other Acquisitions RealEstateOtherAcquisitions	35517000
CY2013	us-gaap	Dividends Preferred Stock DividendsPreferredStock	10000
CY2013	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	649000
CY2013	us-gaap	Share Based Compensation ShareBasedCompensation	77000
CY2013	us-gaap	Acquisition Costs AcquisitionCosts	248000
CY2013	us-gaap	Asset Management Costs AssetManagementCosts	272000
CY2013	us-gaap	Dividends Common Stock DividendsCommonStock	3477000
CY2013	us-gaap	Stock Redeemed Or Called During Period Value StockRedeemedOrCalledDuringPeriodValue	137000
CY2013	irt	Property Management And Leasing Fees Percentage Of Gross Revenues From Property PropertyManagementAndLeasingFeesPercentageOfGrossRevenuesFromProperty	0.040	pure
CY2013	irt	Payments Reimbursements For Deferred Financing Costs PaymentsReimbursementsForDeferredFinancingCosts	418000
CY2014	us-gaap	Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Shares Issued1 NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationSharesIssued1	11961000	shares
CY2013	irt	Non Cash Decrease In Indebtness From Conversion To Shares Or Debt Extinguishments NonCashDecreaseInIndebtnessFromConversionToSharesOrDebtExtinguishments	43585000
CY2013	irt	Payment Of Property Management And Leasing Fees To Property Manager PaymentOfPropertyManagementAndLeasingFeesToPropertyManager	785000
CY2013	irt	Proceeds From Mortgage Indebtedness ProceedsFromMortgageIndebtedness	10940000
CY2014	dei	Entity Registrant Name EntityRegistrantName	INDEPENDENCE REALTY TRUST, INC
CY2014	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.14
CY2014	dei	Document Type DocumentType	10-K
CY2014	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
CY2014	dei	Trading Symbol TradingSymbol	IRT
CY2014	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.14
CY2014	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2014	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2014	us-gaap	Nature Of Operations NatureOfOperations	<div> <p style="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"> <b>NOTE 1: Organization</b></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"> Independence Realty Trust, Inc. was formed on March 26, 2009 as a Maryland corporation that has elected to be taxed as a real estate investment trust, or REIT, commencing with the taxable year ended December 31, 2011. We are externally managed by a subsidiary of RAIT Financial Trust, or RAIT, a publicly traded Maryland REIT whose common shares are listed on the New York Stock Exchange under the symbol “RAS.” As used herein, the terms “we,” “our” and “us” refer to Independence Realty Trust, Inc. and, as required by context, Independence Realty Operating Partnership, LP, which we refer to as our operating partnership, and their subsidiaries. We own apartment properties in geographic submarkets that we believe support strong occupancy and have the potential for growth in rental rates. We seek to provide stockholders with attractive risk-adjusted returns, with an emphasis on distributions and capital appreciation. We own substantially all of our assets and conduct our operations through our operating partnership, of which we are the sole general partner.</p> </div>
CY2014	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	15724000
CY2014	us-gaap	Business Acquisition Pro Forma Earnings Per Share Diluted BusinessAcquisitionProFormaEarningsPerShareDiluted	0.35
CY2014	us-gaap	Use Of Estimates UseOfEstimates	<div> <p style="margin-top:18pt; margin-bottom:0pt; margin-left:2%; font-size:10pt; font-family:Times New Roman"> <b><i>c. Use of Estimates</i></b></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"> The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting periods. Actual results could differ from those estimates.</p> </div>
CY2014	dei	Document Period End Date DocumentPeriodEndDate	2014-12-31
CY2014	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	1	Segment
CY2014	dei	Amendment Flag AmendmentFlag	false
CY2014	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2014	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2014
CY2014	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	21532671	shares
CY2014	dei	Entity Central Index Key EntityCentralIndexKey	0001466085
CY2014	us-gaap	Business Acquisition Pro Forma Earnings Per Share Basic BusinessAcquisitionProFormaEarningsPerShareBasic	0.35
CY2014	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
CY2014	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	1	Segment
CY2014	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2014	us-gaap	Weighted Average Limited Partnership Units Outstanding Diluted WeightedAverageLimitedPartnershipUnitsOutstandingDiluted	1282449	shares
CY2014	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	21315928	shares
CY2014	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	189587000
CY2014	us-gaap	Real Estate Cost Of Real Estate Sold RealEstateCostOfRealEstateSold	1141000
CY2014	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	3298000
CY2014	us-gaap	Tenant Reimbursements TenantReimbursements	1924000
CY2014	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	206000
CY2014	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	127000
CY2014	us-gaap	Repayments Of Debt RepaymentsOfDebt	26001000
CY2014	us-gaap	Profit Loss ProfitLoss	2944000
CY2014	us-gaap	Increase Decrease In Accounts Receivable And Other Operating Assets IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets	-764000
CY2014	us-gaap	Stock Issued During Period Value Acquisitions StockIssuedDuringPeriodValueAcquisitions	11940000
CY2014	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	14978000
CY2014	us-gaap	Other Income OtherIncome	2445000
CY2014	us-gaap	Operating Income Loss OperatingIncomeLoss	8541000
CY2014	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	2882000
CY2014	us-gaap	Payments To Acquire Other Productive Assets PaymentsToAcquireOtherProductiveAssets	4158000
CY2014	us-gaap	Noncontrolling Interest Increase From Subsidiary Equity Issuance NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance	11961000
CY2014	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	7508000
CY2014	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	299881000
CY2014	us-gaap	Loans Assumed1 LoansAssumed1	66963000
CY2014	us-gaap	Business Combination Pro Forma Information Earnings Or Loss Of Acquiree Since Acquisition Date Actual BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual	3054000
CY2014	us-gaap	Revenues Revenues	49203000
CY2014	us-gaap	Net Income Loss NetIncomeLoss	2940000
CY2014	us-gaap	Investment Income Interest InvestmentIncomeInterest	17000
CY2014	us-gaap	Interest Paid InterestPaid	9170000
CY2014	us-gaap	Asset Management Fees1 AssetManagementFees1	1582000
CY2014	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	44834000
CY2014	us-gaap	Business Combination Pro Forma Information Revenue Of Acquiree Since Acquisition Date Actual BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual	23477000
CY2014	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	60002000
CY2014	us-gaap	Increase Decrease In Other Current Liabilities IncreaseDecreaseInOtherCurrentLiabilities	176000
CY2014	us-gaap	Interest Expense InterestExpense	8496000
CY2014	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	-660000
CY2014	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	3777000
CY2014	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	11429000
CY2014	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0
CY2014	us-gaap	Real Estate Accumulated Depreciation Real Estate Sold RealEstateAccumulatedDepreciationRealEstateSold	1141000
CY2014	us-gaap	Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense	8742000
CY2014	us-gaap	Depreciation Depreciation	8742000
CY2014	us-gaap	Depreciation And Amortization DepreciationAndAmortization	12520000
CY2014	us-gaap	Incentive Fee Expense IncentiveFeeExpense	154000
CY2014	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	-14000
CY2014	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	303042000
CY2014	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	189587000
CY2014	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-307337000
CY2014	us-gaap	Noncontrolling Interest In Net Income Loss Preferred Unit Holders Redeemable NoncontrollingInterestInNetIncomeLossPreferredUnitHoldersRedeemable	0
CY2014	us-gaap	Operating Costs And Expenses OperatingCostsAndExpenses	23427000
CY2014	us-gaap	Real Estate Improvements RealEstateImprovements	4159000
CY2014	us-gaap	Costs And Expenses CostsAndExpenses	40662000
CY2014	us-gaap	Real Estate Other Acquisitions RealEstateOtherAcquisitions	495998000
CY2014	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1137000
CY2014	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	2670000
CY2014	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	204000
CY2014	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	4000
CY2014	us-gaap	Share Based Compensation ShareBasedCompensation	206000
CY2014	us-gaap	Acquisition Costs AcquisitionCosts	1842000
CY2014	us-gaap	Asset Management Costs AssetManagementCosts	1736000
CY2014	us-gaap	Dividends Common Stock DividendsCommonStock	16368000
CY2014	irt	Selling Commissions And Dealer Manager Fees Paid For Shares Sold Under Distribution Reinvestment Program SellingCommissionsAndDealerManagerFeesPaidForSharesSoldUnderDistributionReinvestmentProgram	0
CY2014	irt	Percentage Of Ordinary Taxable Income Distributed To Stockholders PercentageOfOrdinaryTaxableIncomeDistributedToStockholders	0.90	pure
CY2014	irt	Payments Reimbursements For Deferred Financing Costs PaymentsReimbursementsForDeferredFinancingCosts	89000
CY2014	irt	Payment Of Property Management And Leasing Fees To Property Manager PaymentOfPropertyManagementAndLeasingFeesToPropertyManager	1759000
CY2014	irt	Proceeds From Mortgage Indebtedness ProceedsFromMortgageIndebtedness	154650000
CY2014	irt	Real Estate Accumulated Depreciation Building RealEstateAccumulatedDepreciationBuilding	23376000
CY2012	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.45
CY2012	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	4484000
CY2012	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	275384	shares
CY2012	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.45
CY2012	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	5274900	shares
CY2012	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	275384	shares
CY2012	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	-1000
CY2012	us-gaap	Tenant Reimbursements TenantReimbursements	818000
CY2012	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	3004000
CY2012	us-gaap	Profit Loss ProfitLoss	427000
CY2012	us-gaap	Increase Decrease In Accounts Receivable And Other Operating Assets IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets	-240000
CY2012	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	149000
CY2012	us-gaap	Other Income OtherIncome	962000
CY2012	us-gaap	Operating Income Loss OperatingIncomeLoss	3732000
CY2012	us-gaap	Gain Loss On Disposition Of Assets GainLossOnDispositionOfAssets	0
CY2012	us-gaap	Payments To Acquire Other Productive Assets PaymentsToAcquireOtherProductiveAssets	1148000
CY2012	us-gaap	Noncontrolling Interest Increase From Subsidiary Equity Issuance NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance	3500000
CY2012	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	15781000
CY2012	us-gaap	Revenues Revenues	16629000
CY2012	us-gaap	Net Income Loss NetIncomeLoss	-123000
CY2012	us-gaap	Investment Income Interest InvestmentIncomeInterest	0
CY2012	us-gaap	Interest Paid InterestPaid	3219000
CY2012	us-gaap	Asset Management Fees1 AssetManagementFees1	240000
CY2012	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	14849000
CY2012	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	15000
CY2012	us-gaap	Increase Decrease In Other Current Liabilities IncreaseDecreaseInOtherCurrentLiabilities	66000
CY2012	us-gaap	Interest Expense InterestExpense	3305000
CY2012	us-gaap	Proceeds From Issuance Of Preferred Stock And Preference Stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock	100000
CY2012	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	121000
CY2012	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	78000
CY2012	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	1426000
CY2012	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0
CY2012	us-gaap	Depreciation Depreciation	3388000
CY2012	us-gaap	Depreciation And Amortization DepreciationAndAmortization	3466000
CY2012	us-gaap	Incentive Fee Expense IncentiveFeeExpense	0
CY2012	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	32000
CY2012	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	13870000
CY2012	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	3193000
CY2012	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-16928000
CY2012	us-gaap	Noncontrolling Interest In Net Income Loss Preferred Unit Holders Redeemable NoncontrollingInterestInNetIncomeLossPreferredUnitHoldersRedeemable	15000
CY2012	us-gaap	Operating Costs And Expenses OperatingCostsAndExpenses	8066000
CY2012	us-gaap	Proceeds From Minority Shareholders ProceedsFromMinorityShareholders	3500000
CY2012	us-gaap	Costs And Expenses CostsAndExpenses	12897000
CY2012	us-gaap	Dividends Preferred Stock DividendsPreferredStock	15000
CY2012	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	968000
CY2012	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	132000
CY2012	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	3247000
CY2012	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	535000
CY2012	us-gaap	Acquisition Costs AcquisitionCosts	157000
CY2012	us-gaap	Asset Management Costs AssetManagementCosts	240000
CY2012	us-gaap	Dividends Common Stock DividendsCommonStock	165000
CY2012	irt	Payments Reimbursements For Deferred Financing Costs PaymentsReimbursementsForDeferredFinancingCosts	-7000
CY2012	irt	Payment Of Property Management And Leasing Fees To Property Manager PaymentOfPropertyManagementAndLeasingFeesToPropertyManager	655000
CY2012	irt	Proceeds From Mortgage Indebtedness ProceedsFromMortgageIndebtedness	10238000
CY2013Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.00
CY2013Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.01
CY2013Q1	us-gaap	Profit Loss ProfitLoss	340000
CY2013Q1	us-gaap	Revenues Revenues	4688000
CY2013Q1	us-gaap	Net Income Loss NetIncomeLoss	4000
CY2014Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.19
CY2014Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.19
CY2014Q1	us-gaap	Profit Loss ProfitLoss	2935000
CY2014Q1	us-gaap	Revenues Revenues	8135000
CY2014Q1	us-gaap	Net Income Loss NetIncomeLoss	2935000
CY2013Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.01
CY2013Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.01
CY2013Q2	us-gaap	Profit Loss ProfitLoss	324000
CY2013Q2	us-gaap	Revenues Revenues	4700000
CY2013Q2	us-gaap	Net Income Loss NetIncomeLoss	48000
CY2014Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.01
CY2014Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.01
CY2014Q2	us-gaap	Profit Loss ProfitLoss	-128000
CY2014Q2	us-gaap	Revenues Revenues	11649000
CY2014Q2	us-gaap	Net Income Loss NetIncomeLoss	-128000
CY2013Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.03
CY2013Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.03
CY2013Q3	us-gaap	Profit Loss ProfitLoss	302000
CY2013Q3	us-gaap	Revenues Revenues	4787000
CY2013Q3	us-gaap	Net Income Loss NetIncomeLoss	255000
CY2014Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.00
CY2014Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.00
CY2014Q3	us-gaap	Profit Loss ProfitLoss	-58000
CY2014Q3	us-gaap	Revenues Revenues	13057000
CY2014Q3	us-gaap	Net Income Loss NetIncomeLoss	-56000
CY2013Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.03
CY2013Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.03
CY2013Q4	us-gaap	Profit Loss ProfitLoss	308000
CY2013Q4	us-gaap	Revenues Revenues	5768000
CY2013Q4	us-gaap	Net Income Loss NetIncomeLoss	308000
CY2014Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.01
CY2014Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.01
CY2014Q4	us-gaap	Profit Loss ProfitLoss	195000
CY2014Q4	us-gaap	Revenues Revenues	16362000
CY2014Q4	us-gaap	Net Income Loss NetIncomeLoss	189000

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$IRT
Independence Realty Trust Inc Stock $irt

2014 Form 10-K Financial Statement

#000119312515094016 Filed on March 16, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$IRT Independence Realty Trust Inc Stock $irt

2014 Form 10-K Financial Statement

#000119312515094016 Filed on March 16, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$IRT
Independence Realty Trust Inc Stock $irt