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Independence Realty Trust IRT Same Store — Advertising Expense
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Where this comes from
Reported directly by Independence Realty Trust in its filing.
Tagged under the XBRL concept us-gaap:AdvertisingExpense.
The source filing: Independence Realty Trust’s 10-Q, filed April 30, 2026.
- Filed
- Apr 30, 2026, 4:31 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001437749-26-014234
| Line item | For the Three Months Ended March 31, 2026 | For the Three Months Ended March 31, 2025 |
|---|---|---|
| Utilities | 8,215 | 7,786 |
| Repairs and maintenance | 4,175 | 4,345 |
| Contract services | 6,161 | 5,790 |
| Advertising expenses | 1,862 | 1,933 |
| Other property operating expenses (2) | 1,590 | 1,623 |
| Total same-store operating expenses | 57,839 | 56,704 |
| Non same-store | ||
| Total non same-store operating expenses | 4,285 | 2,559 |
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FAQ
- What is Independence Realty Trust's same store — advertising expense?
- Independence Realty Trust (IRT) reported same store — advertising expense of $1.86M in Q1 2026.
- How has Independence Realty Trust's same store — advertising expense changed year-over-year?
- Independence Realty Trust's same store — advertising expense decreased by 3.7% year-over-year, from $1.93M to $1.86M.
- What is the long-term trend for Independence Realty Trust's same store — advertising expense?
- Over 2 years (2023 to 2025), Independence Realty Trust's same store — advertising expense has grown at a 20.3% compound annual growth rate (CAGR), from $6.34M to $9.18M.
- What does same store — advertising expense mean?
- This represents the marketing and promotional costs incurred to attract new tenants and maintain occupancy levels across the stabilized multifamily portfolio. It is a key indicator of the company's investment in demand generation and competitive positioning.
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