$IRT
Independence Realty Trust Inc

2019 Q2 Form 10-Q Financial Statement

#000156459019027975 Filed on August 01, 2019

View on sec.gov

Income Statement

Concept 2019 Q2 2018 Q2
Revenue $50.96M $46.89M
YoY Change 8.67% 18.52%
Cost Of Revenue $2.062M $1.592M
YoY Change 29.52% -90.83%
Gross Profit $48.89M $45.30M
YoY Change 7.94% 104.04%
Gross Profit Margin 95.95% 96.6%
Selling, General & Admin $3.540M $2.870M
YoY Change 23.34% 5.9%
% of Gross Profit 7.24% 6.34%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $12.43M $10.54M
YoY Change 17.91% 34.8%
% of Gross Profit 25.42% 23.27%
Operating Expenses $16.26M $14.45M
YoY Change 12.53% 34.79%
Operating Profit $32.63M $30.85M
YoY Change 5.79% 168.7%
Interest Expense -$9.850M -$8.590M
YoY Change 14.67% 19.8%
% of Operating Profit -30.18% -27.85%
Other Income/Expense, Net $0.00 $0.00
YoY Change
Pretax Income $14.86M $3.550M
YoY Change 318.59% -81.81%
Income Tax $0.00 $0.00
% Of Pretax Income 0.0% 0.0%
Net Earnings $14.71M $3.509M
YoY Change 319.18% -81.27%
Net Earnings / Revenue 28.87% 7.48%
Basic Earnings Per Share $0.16 $0.04
Diluted Earnings Per Share $0.16 $0.04
COMMON SHARES
Basic Shares Outstanding 89.51M 86.64M
Diluted Shares Outstanding 90.02M 86.91M

Balance Sheet

Concept 2019 Q2 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $11.10M $10.90M
YoY Change 1.83% 73.02%
Cash & Equivalents $11.06M $10.90M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $50.50M $141.1M
Prepaid Expenses
Receivables $6.700M
Other Receivables $0.00
Total Short-Term Assets $61.60M $158.7M
YoY Change -61.18% 375.15%
LONG-TERM ASSETS
Property, Plant & Equipment $1.571B $1.405B
YoY Change 11.83% 10.32%
Goodwill
YoY Change
Intangibles $210.0K
YoY Change
Long-Term Investments
YoY Change
Other Assets $7.800M $7.100M
YoY Change 9.86% 24.56%
Total Long-Term Assets $1.594B $1.424B
YoY Change 11.92% 10.95%
TOTAL ASSETS
Total Short-Term Assets $61.60M $158.7M
Total Long-Term Assets $1.594B $1.424B
Total Assets $1.656B $1.583B
YoY Change 4.59% 20.19%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $26.40M $24.20M
YoY Change 9.09% 43.2%
Accrued Expenses $3.900M $400.0K
YoY Change 875.0% 100.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $46.60M $40.50M
YoY Change 15.06% 89.25%
LONG-TERM LIABILITIES
Long-Term Debt $989.5M $911.8M
YoY Change 8.52% 19.27%
Other Long-Term Liabilities $11.80M $3.500M
YoY Change 237.14% 20.69%
Total Long-Term Liabilities $1.001B $915.3M
YoY Change 9.4% 19.27%
TOTAL LIABILITIES
Total Short-Term Liabilities $46.60M $40.50M
Total Long-Term Liabilities $1.001B $915.3M
Total Liabilities $1.048B $955.8M
YoY Change 9.63% 17.73%
SHAREHOLDERS EQUITY
Retained Earnings -$137.5M -$109.8M
YoY Change 25.31%
Common Stock $750.5M $720.5M
YoY Change 4.15%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $601.1M $619.9M
YoY Change
Total Liabilities & Shareholders Equity $1.656B $1.583B
YoY Change 4.59% 20.19%

Cashflow Statement

Concept 2019 Q2 2018 Q2
OPERATING ACTIVITIES
Net Income $14.71M $3.509M
YoY Change 319.18% -81.27%
Depreciation, Depletion And Amortization $12.43M $10.54M
YoY Change 17.91% 34.8%
Cash From Operating Activities $21.90M $19.86M
YoY Change 10.27% 27.23%
INVESTING ACTIVITIES
Capital Expenditures -$11.24M -$10.31M
YoY Change 9.02% 205.93%
Acquisitions
YoY Change
Other Investing Activities -$8.780M -$250.0K
YoY Change 3412.0% -98.82%
Cash From Investing Activities -$20.02M -$10.55M
YoY Change 89.76% -56.89%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 820.0K -7.410M
YoY Change -111.07% -243.05%
NET CHANGE
Cash From Operating Activities 21.90M 19.86M
Cash From Investing Activities -20.02M -10.55M
Cash From Financing Activities 820.0K -7.410M
Net Change In Cash 2.700M 1.900M
YoY Change 42.11% -151.63%
FREE CASH FLOW
Cash From Operating Activities $21.90M $19.86M
Capital Expenditures -$11.24M -$10.31M
Free Cash Flow $33.14M $30.17M
YoY Change 9.84% 58.96%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
us-gaap Depreciation And Amortization
DepreciationAndAmortization
22807000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
5606000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
25168000
us-gaap Interest Expense
InterestExpense
16934000
dei Entity File Number
EntityFileNumber
001-36041
CY2018Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
163000
CY2018Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
636990000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
635000
CY2019Q1 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
635000
CY2019Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
12721000
us-gaap Costs And Expenses
CostsAndExpenses
68809000
us-gaap Interest Expense
InterestExpense
19570000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
6645000
CY2018Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
11583000
us-gaap Costs And Expenses
CostsAndExpenses
75646000
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
264567130
CY2019Q2 us-gaap Type Of Cost Good Or Service Extensible List
TypeOfCostGoodOrServiceExtensibleList
us-gaap:AssetManagement1Member
CY2018Q2 us-gaap Type Of Cost Good Or Service Extensible List
TypeOfCostGoodOrServiceExtensibleList
us-gaap:AssetManagement1Member
us-gaap Type Of Cost Good Or Service Extensible List
TypeOfCostGoodOrServiceExtensibleList
us-gaap:AssetManagement1Member
us-gaap Type Of Cost Good Or Service Extensible List
TypeOfCostGoodOrServiceExtensibleList
us-gaap:AssetManagement1Member
CY2019Q2 us-gaap Preferred Stock Value
PreferredStockValue
CY2018Q4 us-gaap Preferred Stock Value
PreferredStockValue
CY2019Q2 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
1704769000
CY2018Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
1660423000
CY2019Q2 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
136488000
CY2018Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
112270000
CY2019Q2 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1568281000
CY2018Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1548153000
CY2019Q2 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
50494000
CY2018Q4 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
77285000
CY2019Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
11060000
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
9316000
CY2019Q2 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
7780000
CY2018Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
6729000
CY2019Q2 us-gaap Other Assets
OtherAssets
16364000
CY2018Q4 us-gaap Other Assets
OtherAssets
8802000
CY2019Q2 us-gaap Derivative Assets
DerivativeAssets
1558000
CY2018Q4 us-gaap Derivative Assets
DerivativeAssets
8307000
CY2019Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
105000
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
787000
CY2019Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
210000
CY2018Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
744000
CY2019Q2 us-gaap Assets
Assets
1655747000
CY2018Q4 us-gaap Assets
Assets
1659336000
CY2019Q2 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
6139000
CY2018Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
5927000
CY2019Q2 us-gaap Long Term Debt
LongTermDebt
989499000
CY2018Q4 us-gaap Long Term Debt
LongTermDebt
985488000
CY2019Q2 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
26374000
CY2019Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
159000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
3275000
CY2018Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
22815000
CY2019Q2 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
691000
CY2018Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
719000
CY2019Q2 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
16285000
CY2018Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
16162000
CY2019Q2 us-gaap Derivative Liabilities
DerivativeLiabilities
7394000
CY2019Q2 us-gaap Other Liabilities
OtherLiabilities
7595000
CY2018Q4 us-gaap Other Liabilities
OtherLiabilities
4107000
CY2019Q2 us-gaap Liabilities
Liabilities
1047838000
CY2018Q4 us-gaap Liabilities
Liabilities
1029291000
CY2019Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2018Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2019Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000
CY2018Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000
CY2019Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2019Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2018Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2018Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2019Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2018Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2019Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
300000000
CY2018Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
300000000
CY2019Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
89932418
CY2019Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
89932418
CY2018Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
89184443
CY2018Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
89184443
CY2019Q2 irt Restricted Common Stock Shares Outstanding
RestrictedCommonStockSharesOutstanding
339525
CY2018Q4 irt Restricted Common Stock Shares Outstanding
RestrictedCommonStockSharesOutstanding
303819
CY2019Q2 us-gaap Common Stock Value
CommonStockValue
899000
CY2018Q4 us-gaap Common Stock Value
CommonStockValue
892000
CY2019Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
749552000
CY2018Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
742429000
CY2019Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-11769000
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
2016000
CY2019Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-137539000
CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-122342000
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
601143000
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
622995000
CY2019Q2 us-gaap Minority Interest
MinorityInterest
6766000
CY2018Q4 us-gaap Minority Interest
MinorityInterest
7050000
CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
607909000
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
630045000
CY2019Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1655747000
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1659336000
CY2019Q2 irt Rental And Other Property Revenue
RentalAndOtherPropertyRevenue
50848000
CY2018Q2 irt Rental And Other Property Revenue
RentalAndOtherPropertyRevenue
46734000
irt Rental And Other Property Revenue
RentalAndOtherPropertyRevenue
100313000
irt Rental And Other Property Revenue
RentalAndOtherPropertyRevenue
92350000
CY2019Q2 us-gaap Other Income
OtherIncome
108000
CY2018Q2 us-gaap Other Income
OtherIncome
155000
us-gaap Revenues
Revenues
100496000
us-gaap Revenues
Revenues
92644000
CY2019Q2 us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
20072000
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
18840000
CY2018Q2 us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
18703000
us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
39958000
us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
37121000
CY2019Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
2062000
CY2018Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1592000
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
3875000
CY2019Q2 us-gaap Costs And Expenses
CostsAndExpenses
38393000
CY2018Q2 us-gaap Costs And Expenses
CostsAndExpenses
34750000
CY2019Q2 us-gaap Profit Loss
ProfitLoss
14856000
CY2018Q2 us-gaap Profit Loss
ProfitLoss
3545000
us-gaap Profit Loss
ProfitLoss
17422000
us-gaap Profit Loss
ProfitLoss
7045000
CY2019Q1 us-gaap Profit Loss
ProfitLoss
2566000
CY2019Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-4368000
CY2018Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
456000
CY2018Q2 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
-8000
CY2018Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.18
CY2018Q2 us-gaap Dividends Common Stock
DividendsCommonStock
15690000
CY2018Q2 irt Distribution To Noncontrolling Interest Declared Per Share
DistributionToNoncontrollingInterestDeclaredPerShare
0.18
CY2018Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
162000
CY2018Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
627307000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
510000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
2445000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
4192000
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-27000
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
174000
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
225000
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-127000
CY2019Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.18
CY2019Q1 us-gaap Dividends Common Stock
DividendsCommonStock
16318000
CY2019Q1 irt Distribution To Noncontrolling Interest Declared Per Share
DistributionToNoncontrollingInterestDeclaredPerShare
0.18
CY2019Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
159000
CY2019Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
617074000
CY2019Q2 us-gaap Profit Loss
ProfitLoss
14856000
CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-9556000
CY2019Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
723000
CY2019Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.18
CY2019Q2 us-gaap Dividends Common Stock
DividendsCommonStock
16128000
CY2019Q2 irt Distribution To Noncontrolling Interest Declared Per Share
DistributionToNoncontrollingInterestDeclaredPerShare
0.18
CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
607909000
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
646119000
CY2018Q1 us-gaap Profit Loss
ProfitLoss
3500000
CY2018Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
3181000
CY2018Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
470000
CY2018Q1 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
345000
CY2018Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.18
CY2018Q1 us-gaap Dividends Common Stock
DividendsCommonStock
15772000
CY2018Q1 irt Distribution To Noncontrolling Interest Declared Per Share
DistributionToNoncontrollingInterestDeclaredPerShare
0.18
CY2018Q2 us-gaap Profit Loss
ProfitLoss
3545000
CY2018Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1226000
CY2018Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
934000
us-gaap Profit Loss
ProfitLoss
17422000
us-gaap Profit Loss
ProfitLoss
7045000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
25168000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
22807000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
701000
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
769000
us-gaap Share Based Compensation
ShareBasedCompensation
1708000
us-gaap Share Based Compensation
ShareBasedCompensation
1404000
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
12142000
irt Amortization Or Adjustments Related To Derivative Instruments
AmortizationOrAdjustmentsRelatedToDerivativeInstruments
231000
irt Amortization Or Adjustments Related To Derivative Instruments
AmortizationOrAdjustmentsRelatedToDerivativeInstruments
-57000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-369000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
36100000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
35697000
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
28981000
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
14619000
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
18840000
CY2019Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
11060000
CY2018Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
10896000
CY2019Q2 us-gaap Restricted Cash
RestrictedCash
7780000
CY2018Q2 us-gaap Restricted Cash
RestrictedCash
7051000
us-gaap Profit Loss
ProfitLoss
17422000
us-gaap Profit Loss
ProfitLoss
7045000
CY2018Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
36000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
173000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
124000
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
86644716
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
89252724
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
85978431
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
86908978
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
89902637
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
86208502
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.04
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.19
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.08
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
89547000
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
20761000
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
19932000
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
15256000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-28152000
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.04
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.19
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.08
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
881107
CY2018Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
899215
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1038824
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-104803000
us-gaap Proceeds From Unsecured Lines Of Credit
ProceedsFromUnsecuredLinesOfCredit
104060000
us-gaap Proceeds From Unsecured Lines Of Credit
ProceedsFromUnsecuredLinesOfCredit
99000000
us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
79000000
us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
4000000
us-gaap Repayments Of First Mortgage Bond
RepaymentsOfFirstMortgageBond
1987000
us-gaap Repayments Of First Mortgage Bond
RepaymentsOfFirstMortgageBond
1566000
irt Payments Reimbursements For Deferred Financing Costs
PaymentsReimbursementsForDeferredFinancingCosts
984000
irt Payments Reimbursements For Deferred Financing Costs
PaymentsReimbursementsForDeferredFinancingCosts
9000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
6032000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
456000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
32316000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
20838000
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
323000
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
272000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
337000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-5153000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
72434000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
2795000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
3328000
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
16045000
CY2018Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
17947000
CY2018Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
17947000
us-gaap Nature Of Operations
NatureOfOperations
<p style="margin-bottom:0pt;margin-top:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;">NOTE 1: Organization</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:5%;font-family:Times New Roman;font-size:10pt;"> </p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:5%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;"> <span style="color:#000000;font-weight:normal;">Independence Realty Trust, Inc. (“IRT”), is a self-administered and self-managed Maryland real estate investment trust, or REIT, which was formed on March 26, 2009.  Our primary purposes are to acquire, own, operate, improve and manage multifamily apartment communities in non-gateway markets. As of June 30, 2019, we owned and operated 58 multifamily apartment properties, totaling 15,734 units across non-gateway U.S markets, including Atlanta, Louisville, Memphis, and Raleigh. We own substantially all of our assets and conduct our operations through Independence Realty Operating Partnership, LP, which we refer to as IROP, of which we are the sole general partner.   </span></p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:5%;font-family:Times New Roman;font-size:10pt;"> </p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:5%;color:#000000;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">   As used herein, the terms “we,” “our” and “us” refer to Independence Realty Trust, Inc. and, as required by context, IROP, and their subsidiaries.</p> <p style="margin-bottom:0pt;margin-top:0pt;text-indent:5%;font-family:Times New Roman;font-size:10pt;"> </p>
us-gaap Use Of Estimates
UseOfEstimates
<p style="margin-top:18pt;margin-bottom:0pt;margin-left:2.27%;text-indent:0%;font-weight:bold;font-style:italic;font-family:Times New Roman;font-size:10pt;text-transform:none;font-variant: normal;">c. Use of Estimates</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:4.54%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">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>
CY2019Q2 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
7780000
CY2018Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
6729000
CY2019Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
294000
CY2018Q2 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0
us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
1963000
CY2019Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
210000
CY2018Q2 us-gaap Depreciation
Depreciation
10539000
us-gaap Depreciation
Depreciation
20471000
CY2019Q2 irt Uncollectible Rental Revenue
UncollectibleRentalRevenue
236000
irt Uncollectible Rental Revenue
UncollectibleRentalRevenue
535000
CY2018Q2 irt Provision For Recovery Of Doubtful Accounts
ProvisionForRecoveryOfDoubtfulAccounts
-115000
irt Provision For Recovery Of Doubtful Accounts
ProvisionForRecoveryOfDoubtfulAccounts
49000
CY2019Q2 us-gaap Advertising Expense
AdvertisingExpense
603000
us-gaap Advertising Expense
AdvertisingExpense
1151000
CY2019Q2 us-gaap Fair Value Assets Level1 To Level2 Transfers Amount
FairValueAssetsLevel1ToLevel2TransfersAmount
0
CY2019Q2 us-gaap Fair Value Assets Level2 To Level1 Transfers Amount
FairValueAssetsLevel2ToLevel1TransfersAmount
0
CY2019Q2 us-gaap Fair Value Liabilities Level1 To Level2 Transfers Amount
FairValueLiabilitiesLevel1ToLevel2TransfersAmount
0
CY2019Q2 us-gaap Fair Value Liabilities Level2 To Level1 Transfers Amount
FairValueLiabilitiesLevel2ToLevel1TransfersAmount
0
CY2019Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
11060000
CY2019Q2 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
11060000
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
9316000
CY2018Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
9316000
CY2019Q2 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
7780000
CY2019Q2 irt Restricted Cash And Cash Equivalents Fair Value Disclosure
RestrictedCashAndCashEquivalentsFairValueDisclosure
7780000
CY2018Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
6729000
CY2018Q4 irt Restricted Cash And Cash Equivalents Fair Value Disclosure
RestrictedCashAndCashEquivalentsFairValueDisclosure
6729000
CY2019Q2 irt Derivative Assets Carrying Value
DerivativeAssetsCarryingValue
1558000
CY2019Q2 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
1558000
CY2018Q4 irt Derivative Assets Carrying Value
DerivativeAssetsCarryingValue
8307000
CY2018Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
8307000
CY2019Q2 irt Derivative Liabilities Carrying Value
DerivativeLiabilitiesCarryingValue
7394000
CY2019Q2 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
7394000
CY2019Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0
CY2018Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0
irt Percentage Of Ordinary Taxable Income Distributed To Stockholders
PercentageOfOrdinaryTaxableIncomeDistributedToStockholders
0.90
us-gaap Cumulative Effect On Retained Earnings Net Of Tax1
CumulativeEffectOnRetainedEarningsNetOfTax1
0
CY2019Q2 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
58
CY2019Q2 us-gaap Number Of Units In Real Estate Property
NumberOfUnitsInRealEstateProperty
15734
CY2019Q2 us-gaap Land
Land
211959000
CY2018Q4 us-gaap Land
Land
209111000
CY2019Q2 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
1409776000
CY2018Q4 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
1384810000
CY2019Q2 us-gaap Fixtures And Equipment Gross
FixturesAndEquipmentGross
83034000
CY2018Q4 us-gaap Fixtures And Equipment Gross
FixturesAndEquipmentGross
66502000
CY2019Q2 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
1704769000
CY2018Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
1660423000
CY2019Q2 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
136488000
CY2018Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
112270000
CY2019Q2 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1568281000
CY2018Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1548153000
CY2018Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
991415000
CY2018Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
5927000
CY2018Q4 us-gaap Long Term Debt
LongTermDebt
985488000
CY2018Q4 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.039
CY2019Q2 irt Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net Of Mark To Market
InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNetOfMarkToMarket
467000
irt Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net Of Mark To Market
InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNetOfMarkToMarket
1026000
CY2019Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment
27770000
CY2019Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Other
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsOther
38000
CY2019Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangibles
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles
316000
CY2019Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets
28124000
CY2019Q2 irt Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Accounts Payable And Accrued Expenses
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAccountsPayableAndAccruedExpenses
80000
CY2019Q2 irt Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Liabilities Other
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilitiesOther
108000
CY2019Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities
188000
CY2019Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
27936000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
86000
CY2019Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
995638000
CY2019Q2 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
6139000
CY2019Q2 us-gaap Long Term Debt
LongTermDebt
989499000
CY2019Q2 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.039
CY2019Q2 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
2962000
CY2019Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
8135000
CY2019Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
76033000
CY2019Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
70700000
CY2019Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
238005000
CY2019Q2 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
599803000
CY2019Q2 irt Restricted Common Share Awards Vested Dividends
RestrictedCommonShareAwardsVestedDividends
0
irt Restricted Common Share Awards Vested Dividends
RestrictedCommonShareAwardsVestedDividends
209000
CY2019Q2 irt At Market Sales Agreement Remaining Offer Price Of Common Shares
AtMarketSalesAgreementRemainingOfferPriceOfCommonShares
109038000
CY2019Q2 us-gaap Partners Capital Account Units Converted
PartnersCapitalAccountUnitsConverted
0
us-gaap Partners Capital Account Units Converted
PartnersCapitalAccountUnitsConverted
0
CY2019Q2 us-gaap Limited Partners Capital Account Units Outstanding
LimitedPartnersCapitalAccountUnitsOutstanding
881107
CY2016Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
4300000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Expiration Date
ShareBasedCompensationArrangementByShareBasedPaymentAwardExpirationDate
2026-05-12
CY2019Q2 us-gaap Profit Loss
ProfitLoss
14856000
CY2018Q2 us-gaap Profit Loss
ProfitLoss
3545000
CY2019Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
147000
CY2019Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
14709000
CY2018Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
3509000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
17249000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
6921000
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
89513105
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
90019909
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.16
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.16
CY2019Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
881107

Files In Submission

Name View Source Status
0001564590-19-027975-index-headers.html Edgar Link pending
0001564590-19-027975-index.html Edgar Link pending
0001564590-19-027975.txt Edgar Link pending
0001564590-19-027975-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
irt-10q_20190630.htm Edgar Link pending
irt-10q_20190630_htm.xml Edgar Link completed
irt-20190630.xsd Edgar Link pending
irt-20190630_cal.xml Edgar Link unprocessable
irt-20190630_def.xml Edgar Link unprocessable
irt-20190630_lab.xml Edgar Link unprocessable
irt-20190630_pre.xml Edgar Link unprocessable
irt-ex107_253.htm Edgar Link pending
irt-ex311_6.htm Edgar Link pending
irt-ex312_9.htm Edgar Link pending
irt-ex321_8.htm Edgar Link pending
irt-ex322_7.htm Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending