Independence Realty Trust IRT Same Store — Labor And Related 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:LaborAndRelatedExpense.
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 same store — labor and related expense?
- Independence Realty Trust (IRT) reported same store — labor and related expense of $12.81M in Q1 2026.
- How has Independence Realty Trust's same store — labor and related expense changed year-over-year?
- Independence Realty Trust's same store — labor and related expense increased by 7.2% year-over-year, from $11.95M to $12.81M.
- What is the long-term trend for Independence Realty Trust's same store — labor and related expense?
- Over 2 years (2023 to 2025), Independence Realty Trust's same store — labor and related expense has grown at a 2.5% compound annual growth rate (CAGR), from $45.59M to $47.91M.
- What does same store — labor and related expense mean?
- This includes all payroll, benefits, and related costs for on-site personnel responsible for the daily management and maintenance of the stabilized property portfolio. It serves as a measure of the company's operational efficiency in managing human capital at the property level.