Independence Realty Trust Inc 2026年季度报告

FORM 10-Q INDEPENDENCE REALTY TRUST, INC. Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuantto Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant wasrequired to submit such files). Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,”and “emerging growth company” in Rule 12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No☒ As ofApril 24, 2026 there were235,714,682shares of the Registrant’s common stock issued and outstanding. PART I—FINANCIAL INFORMATION Condensed Consolidated Statements of Operations(Unaudited and dollars in thousands, except share and per share data) Condensed Consolidated Statements of Comprehensive Income (Loss)(Unaudited and dollars in thousands) Condensed Consolidated Statements of Changes in Equity(Unaudited and dollars in thousands, except share and per share data) Independence Realty Trust, Inc. and SubsidiariesNotes to Condensed Consolidated Financial Statements NOTE1: Organization Independence Realty Trust, Inc. (“IRT”), is a self-administered and self-managed Maryland corporation that was formed on March 26,2009 and that has elected to be taxed as a real estate investment trust (“REIT”). We are primarily engaged in the ownership, operation,management, improvement, and acquisition of multifamily apartment communities in non-gateway markets. As of March 31, 2026, we ownedand operated115multifamily apartment properties (including one owned through a consolidated joint venture) that contain an aggregateof33,602 units across non-gateway U.S. markets, including Atlanta, Columbus, Dallas, Denver, Houston, Indianapolis, Nashville, OklahomaCity, Raleigh-Durham, and Tampa. In addition, as of March 31, 2026, we owned two newly developed properties that are currently in lease-up,including onein Denver, Colorado, thatcontains296units and onein Austin, Texas, thatcontains 378 units. As of March 31, 2026, we alsoowned interests in threeunconsolidated joint ventures, oneof which owns and operates a multifamily apartment communitythat As used herein, the terms “we,” “our,” and “us” refer to IRT and, as required by context, IROP and its subsidiaries. NOTE2: Summary of Significant Accounting Policies a. Basis of Presentation The accompanying unaudited interim condensed consolidated financial statements have been prepared by management in accordancewith generally accepted accounting principles in the United States (“GAAP”). Certain information and footnote disclosures normally includedin annual consolidated financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules andregulations, although we believe that the included disclosures are adequate to make the information presented not misleading. The unauditedinterim condensed consolidated financial statements should be read in conjunction with our audited financial statements as of and for the yearendedDecember 31, 2025 included in ourAnnual Report on Form 10-K for the year ended December 31, 2025 (the “2025 Annual Report”). In b. Principles of Consolidation The condensed consolidated financial statements reflect our accounts and the accounts of IROP and its subsidiaries. All intercompanyaccounts and transactions have been eliminated in consolidation. Pursuant to the Financial Accounting Standards Board (the “FASB”)Accounting Standards Codification Topic 810, “Consolidation”, IROP is considered a variable interest entity of which we are the primary c. Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affectthe reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and the d. Cash and Cash Equivalents Cash and cash equivalents include cash held in banks and highly liquid investments with original maturities of three months or lesswhen purchased. Cash, including amounts restricted, may at times exceed the Federal Deposit Insurance Corporation deposit insurance limit of$250per institution. We mitigate credit risk by placing cash and cash equivalents with major financial institutions. To date, we have not e. Restricted Cash Restricted cash includes escrows of our funds held by lend