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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 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 |
|---|---|---|
| Same-store | ||
| Real estate taxes | 19,750 | 19,378 |
| Property insurance | 3,278 | 3,900 |
| 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 |
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FAQ
- 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.
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