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Organization
12 Months Ended
Dec. 31, 2020
Accounting Policies [Abstract]  
Organization

NOTE 1: Organization

 

Independence Realty Trust, Inc. (“IRT”), is a self-administered and self-managed Maryland real estate investment trust (“REIT”) which was formed on March 26, 2009.  Our primary purposes are to acquire, own, operate, improve and manage multifamily apartment communities in non-gateway markets. As of December 31, 2020, we owned and operated 56 (unaudited) multifamily apartment properties, totaling 15,667 (unaudited) units across non-gateway U.S markets, including Atlanta, Dallas, Louisville, Memphis, Raleigh, and Tampa. We own substantially all of our assets and conduct our operations through Independence Realty Operating Partnership, LP (“IROP”), of which we are the sole general partner.   

 

   As used herein, the terms “we,” “our” and “us” refer to IRT and, as required by context, IROP and their subsidiaries.