INDEPENDENCE REALTY TRUST, INC.
IRT · XNYSCIK 1466085fmd_14WMY0P3G9PEFQEN8P6RJPRG6FFinance, Insurance and Real Estate · Real Estate Investment TrustsTemplate: Real estate
Coverage: Jan 01, 2009 to Sep 30, 2026, 67 periods
| Line item | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenues | 153 | 161 | 191 | 203 | 212 | 250 | 629 | 661 | 640 | 658 |
| Rental revenue | 137 | 143 | 171 | – | – | – | – | 660 | 639 | 656 |
| Property operating expenses | 63 | 65 | 76 | 80 | 83 | 93 | 232 | 244 | 236 | – |
| Cost of revenue | 5 | 6 | 7 | 8 | – | – | – | – | – | – |
| Gross profit | 149 | 155 | 184 | 195 | – | – | – | – | – | – |
| Depreciation and amortization | 35 | 34 | 45 | 53 | 61 | 77 | 253 | 219 | 221 | 243 |
| Asset management and advisory fees | – | – | – | – | – | – | – | – | – | – |
| Losses and loss adjustment expenses | – | – | 0 | 0 | 1 | 0 | 9 | 1 | 4 | – |
| Gain on sale of real estate | 32 | 19 | 11 | 35 | 8 | 88 | 112 | (67) | (10) | 6 |
| Impairment of real estate | – | – | – | – | 2 | 0 | 0 | 33 | 21 | 13 |
| Funds from operations (NAREIT definition, derived) | (7) | 45 | 61 | 64 | 70 | 34 | 258 | 301 | 291 | 306 |
| Operating income | 40 | 45 | 52 | – | – | – | – | – | – | – |
| Interest expense | 36 | 29 | 36 | 39 | 36 | 36 | 87 | 90 | 76 | 79 |
| Interest and investment income | – | – | – | – | – | – | – | – | – | – |
| Other non-operating income (expense) | (0) | 0 | 0 | – | 0 | 0 | 2 | (0) | (0) | (0) |
| Income before taxes | – | – | – | – | – | – | – | – | – | – |
| Income tax expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income from continuing operations | – | – | – | – | – | – | – | – | – | – |
| Net income | (10) | 30 | 26 | 46 | 15 | 45 | 117 | (17) | 39 | 57 |
| Net income to common shareholders | (10) | 30 | 26 | – | – | – | – | – | – | – |