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Independence Realty Trust IRT Real Estate Investment Development In Process Net

Real Estate Investment Development In Process Net at other companies

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Equity ResidentialEQR
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Acadia Realty Trust logo
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EastGroup Properties logo
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TRN
Terreno RealtyTRNO
$19.03M—
AvalonBay Communities logo
AvalonBay CommunitiesAVB
$1.58B+31.5%
CBRE Group logo
CBRE GroupCBRE
$822M+122%

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 / equity0×0.0×

Where this comes from

Reported directly by Independence Realty Trust in its filing.

Tagged under the XBRL concept irt:RealEstateInvestmentDevelopmentInProcessNet.

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 real estate investment development in process net?
Independence Realty Trust (IRT) reported real estate investment development in process net of $127.84M in Q1 2026.
How has Independence Realty Trust's real estate investment development in process net changed year-over-year?
Independence Realty Trust's real estate investment development in process net increased by 8.5% year-over-year, from $117.8M to $127.84M.
What does real estate investment development in process net mean?
This captures the cumulative costs incurred for multifamily projects currently under construction or in the pre-development phase that are not yet operational. It represents capital tied up in the pipeline that has not yet begun to generate rental income. Monitoring this helps investors gauge the company's future growth potential and the execution risk associated with its development pipeline.