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Independence Realty Trust IRT Same Store — Contract Service Expense
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Where this comes from
Reported directly by Independence Realty Trust in its filing.
Tagged under the XBRL concept irt:ContractServiceExpense.
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 |
|---|---|---|
| Personnel expenses | 12,808 | 11,949 |
| 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 |
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FAQ
- What is Independence Realty Trust's same store — contract service expense?
- Independence Realty Trust (IRT) reported same store — contract service expense of $6.16M in Q1 2026.
- How has Independence Realty Trust's same store — contract service expense changed year-over-year?
- Independence Realty Trust's same store — contract service expense increased by 6.4% year-over-year, from $5.79M to $6.16M.
- What is the long-term trend for Independence Realty Trust's same store — contract service expense?
- Over 2 years (2023 to 2025), Independence Realty Trust's same store — contract service expense has grown at a 3.7% compound annual growth rate (CAGR), from $21.58M to $23.22M.
- What does same store — contract service expense mean?
- This covers payments to third-party vendors for specialized services such as landscaping, cleaning, and security at the stabilized properties. It reflects the company's reliance on external service providers versus internal staffing for property maintenance.
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