Question 1

What is Independence Realty Trust's accounts payable and accrued expenses excluding interest and dividends payable?

Accepted Answer

Independence Realty Trust (IRT) reported accounts payable and accrued expenses excluding interest and dividends payable of $84.16M in Q1 2026.

Question 2

How has Independence Realty Trust's accounts payable and accrued expenses excluding interest and dividends payable changed year-over-year?

Accepted Answer

Independence Realty Trust's accounts payable and accrued expenses excluding interest and dividends payable decreased by 2.6% year-over-year, from $86.4M to $84.16M.

Question 3

What does accounts payable and accrued expenses excluding interest and dividends payable mean?

Accepted Answer

This represents short-term operational liabilities owed to vendors, contractors, and service providers for property management and maintenance, excluding financing-related obligations. It serves as a measure of the company's immediate working capital requirements and operational payables cycle. Tracking this helps assess the company's liquidity position and its ability to manage day-to-day property-level expenses.

Line item	As of / March 31, 2026	As of / December 31, 2025
Total Assets	$6,099,308	$6,021,750
LIABILITIES AND EQUITY:
Indebtedness, net	$2,433,543	$2,281,475
Accounts payable and accrued expenses	84,160	92,355
Accrued interest payable	10,642	8,377
Dividends payable	41,003	41,275
Derivative liabilities	—	346
Other liabilities	8,318	8,496

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Independence Realty Trust IRT Accounts Payable And Accrued Expenses Excluding Interest And Dividends Payable