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Independence Realty Trust IRT Same Store — Operating Lease Lease Income

Similar metrics at other companies

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EQRSame Store — Operating Lease Lease Income
$746.48M+2.2%
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EQRNon Same Store — Operating Lease Lease Income
$32M+206%
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UDRSame Communities — Operating Lease Lease Income
$128.79M+2.5%
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AVBSame Store — Rental and other income
$709.12M+1.5%
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UDRSame Communities — Operating Lease Lease Income Lease Payments
$125.74M+2.7%
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VNOLease revenues — Operating Lease, Lease Income
$382.49M-1.7%

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×

Where this comes from

Reported directly by Independence Realty Trust in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseLeaseIncome.

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 — operating lease lease income?
Independence Realty Trust (IRT) reported same store — operating lease lease income of $156.1M in Q1 2026.
How has Independence Realty Trust's same store — operating lease lease income changed year-over-year?
Independence Realty Trust's same store — operating lease lease income increased by 1.4% year-over-year, from $154M to $156.1M.
What does same store — operating lease lease income mean?
This represents the total rental revenue generated from multifamily residential properties that have been owned and operated by the company for a consistent period. It serves as a primary indicator of organic revenue growth and demand within the established property portfolio.