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Independence Realty Trust IRT Investment properties, at cost

Investment properties, at cost at other companies

Equity Residential logo
Equity ResidentialEQR
$30.55B+2.0%
Mid-America Apartment Communities logo
Mid-America Apartment CommunitiesMAA
$17.58B+4.2%
InvenTrust Properties logo
InvenTrust PropertiesIVT
$3.12B+9.9%
AvalonBay Communities logo
AvalonBay CommunitiesAVB
$28.03B+4.0%
Invitation Homes logo
Invitation HomesINVH
$22.76B+2.4%
American Homes 4 Rent logo
American Homes 4 RentAMH
$14.48B+2.9%

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:RealEstateInvestmentPropertyAtCost.

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 investment properties, at cost?
Independence Realty Trust (IRT) reported investment properties, at cost of $6.7B in Q1 2026.
How has Independence Realty Trust's investment properties, at cost changed year-over-year?
Independence Realty Trust's investment properties, at cost increased by 4.0% year-over-year, from $6.44B to $6.7B.
What is the long-term trend for Independence Realty Trust's investment properties, at cost?
Over 4 years (2021 to 2025), Independence Realty Trust's investment properties, at cost has grown at a 0.5% compound annual growth rate (CAGR), from $6.46B to $6.6B.
What does investment properties, at cost mean?
This represents the gross historical cost of all multifamily apartment communities and real estate assets held by the REIT for long-term investment. It serves as a baseline measure of the company's total physical asset footprint before accounting for accumulated depreciation or impairment. Investors use this to assess the scale and historical capital investment in the company's property portfolio.