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Independence Realty Trust IRT Payments To Develop Real Estate Assets

Payments To Develop Real Estate Assets at other companies

Equity Residential logo
Equity ResidentialEQR
$23.67M-23.6%
Camden Property Trust logo
Camden Property TrustCPT
$94.02M+19.9%
Acadia Realty Trust logo
Acadia Realty TrustAKR
$32.22M+64.3%
AvalonBay Communities logo
AvalonBay CommunitiesAVB
$336.82M+41.9%
Regency Centers logo
Regency CentersREG
$105.07M+3.6%
New York Mortgage Trust logo
New York Mortgage TrustADAM
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Other financials

Income statement

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Revenue$165.3M+2.5%
Net income-$127.0K-101%
EPS (diluted)$0.00+100%

Balance sheet

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Cash & equivalents$23.3M-19.7%
Total debt$2.9M+28.3%
Total equity$3.4B-1.8%
Total assets$6.1B+1.9%

Cash flow

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Operating cash flow$55.3M-8.4%
CapEx$1.6M-50.4%
Free cash flow$69.0M+11.6%

Valuation

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Market cap$3.84B-28.5%

Profitability

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Gross margin96.1%—
Operating margin26.9%—
Net margin7.4%+2.7pp
FCF margin42%+3.3pp

Returns & leverage

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Return on equity1.4%+0.6pp
Debt / equity0×0.0×

Where this comes from

Reported directly by Independence Realty Trust in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToDevelopRealEstateAssets.

The official record: Independence Realty Trust’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Independence Realty Trust's payments to develop real estate assets?
Independence Realty Trust (IRT) reported payments to develop real estate assets of $1.89M in Q1 2026.
How has Independence Realty Trust's payments to develop real estate assets changed year-over-year?
Independence Realty Trust's payments to develop real estate assets decreased by 73.5% year-over-year, from $7.12M to $1.89M.
What does payments to develop real estate assets mean?
Represents cash outflows dedicated to the construction, expansion, or significant improvement of real estate properties. This metric reflects the company's commitment to enhancing its asset base and increasing future rental income potential through development projects.