← INDEPENDENCE REALTY TRUST, INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | ($9.6m) |
$31.4m
+429.05%
|
$26.6m
-15.37%
|
$45.9m
+72.48%
|
$14.8m
-67.82%
|
$44.6m
+201.93%
|
$117.2m
+162.95%
|
($17.2m)
-114.69%
|
$39.3m
+328.08%
|
$56.6m
+43.95%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | ($9.8m) |
$30.2m
+408.19%
|
$26.3m
-12.97%
|
$46.4m
+76.33%
|
$14.9m
-67.91%
|
$45.5m
+206.04%
|
$120.7m
+165.02%
|
($17.8m)
-114.76%
|
$40.0m
+324.82%
|
$57.7m
+44.15%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ($9.6m) | $31.4m | $26.6m | $46.4m | $14.9m | $45.5m | $120.7m | ($17.8m) | $40.0m | $57.7m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $246k | $1.2m | $322k | $458k | $109k | $940k | $3.4m | ($580k) | $742k | $1.1m | — | |
| Depreciation, Depletion and Amortization | $34.8m | $34.2m | $45.2m | $52.8m | $60.7m | $76.9m | $252.8m | $219.0m | $220.9m | $243.2m | $254.2m | |
| Amortization of Debt Issuance Costs | — | $1.5m | $1.4m | $1.4m | $1.4m | $1.6m | $3.7m | $3.3m | $2.8m | $3.7m | — | |
| Amortization of Debt Issuance Costs and Discounts | $2.8m | — | — | — | — | — | — | — | — | — | — | |
| Amortization of Intangible Assets | $3.7m | $1.5m | $3.4m | $1.6m | $631k | $5.1m | $54.0m | $731k | $1.4m | $8.7m | — | |
| Depreciation | $31.1m | $32.7m | $41.8m | $51.2m | $60.1m | $70.6m | $197.5m | $217.0m | $218.0m | $243.2m | $254.2m | |
| Share-based Payment Arrangement, Noncash Expense | $1.2m | $2.0m | $2.5m | $3.1m | $5.6m | $7.2m | $7.9m | $7.7m | $7.1m | $7.9m | $7.6m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | $569k | $354k | $642k | $1.5m | $2.9m | $6.0m | $4.7m | $2.6m | $3.5m | — | |
| Share-based Payment Arrangement, Expense | $1.2m | $2.0m | $2.5m | $3.2m | $5.6m | $7.3m | $8.0m | $7.9m | $7.4m | $8.3m | $7.6m | |
| Share-based Payment Arrangement, Expensed and Capitalized, Amount | $142k | — | — | — | — | — | — | — | — | — | $7.6m | |
| Impairment of Intangible Assets, Finite-lived | — | — | $4.2m | $1.8m | $1.2m | $1.5m | $58.1m | $1.1m | $398k | $6.8m | — | |
| Income (Loss) from Equity Method Investments | — | — | — | — | $0 | $0 | ($2.2m) | ($4.5m) | $347k | $11.1m | — | |
| Other Nonoperating Income (Expense) | — | $89k | $144k | — | — | — | $1.6m | ($427k) | ($1k) | ($352k) | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Other Operating Assets | — | — | — | ($1.3m) | $2.4m | $523k | $33k | $8.1m | $7.9m | $8.0m | — | |
| Net Cash Provided by (Used in) Operating Activities | ($7.5m) |
$54.3m
+821.15%
|
$68.5m
+26.15%
|
$75.0m
+9.44%
|
$75.0m
-0.06%
|
$52.3m
-30.29%
|
$249.5m
+377.52%
|
$262.2m
+5.06%
|
$259.8m
-0.92%
|
$282.1m
+8.62%
|
$275.8m
-2.26%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $10.7m | $14.4m | $599k | $249k | $84k | $177k | $84.0m | $146.6m | $118.3m | $135.6m | ($155.9m) | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | $31.8m | $18.8m | $10.7m | $35.2m | — | — | — | — | — | — | ($8.8m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | — | $186.1m | $0 | $0 | — | — | ($36.1m) | |
| Net Cash Provided by (Used in) Investing Activities | — | — | ($229.5m) | ($106.4m) | ($124.5m) | ($216.1m) | ($135.8m) | ($1.7m) | ($20.6m) | ($142.9m) | ($221.5m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | ($1.2m) | ($572k) | — | — | $0 | ($10.3m) | $0 | ($124k) | $200k | ($67k) | — | |
| Payments for Repurchase of Common Stock | $62.2m | — | — | — | — | — | — | $0 | $0 | $30.0m | — | |
| Payments of Ordinary Dividends, Common Stock | $36.6m | $52.3m | $52.5m | $64.7m | $56.1m | $49.8m | $105.8m | $134.9m | $144.0m | $154.4m | ($160.9m) | |
| Proceeds from Issuance of Common Stock | — | — | $21.9m | $21.0m | $148.2m | $317.0m | $48.7m | $421k | $111.3m | $162.4m | $112.4m | |
| Dividends Payable | $4.3m | $5.2m | $16.2m | $16.5m | $12.3m | $16.8m | $32.2m | $36.9m | $37.8m | $41.3m | — | |
| Net Cash Provided by (Used in) Financing Activities | ($37.7m) |
$125.6m
+433.54%
|
$162.4m
+29.27%
|
$29.8m
-81.66%
|
$48.8m
+63.73%
|
$215.9m
+342.80%
|
($135.4m)
-162.72%
|
($253.7m)
-87.37%
|
($246.4m)
+2.88%
|
($135.1m)
+45.19%
|
($50.1m)
+62.94%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | $16.0m | $14.4m | ($818k) | $52.1m | ($21.7m) | $6.7m | ($7.3m) | $4.2m | $46.7m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $16.0m | $14.4m | ($818k) | $52.1m | $44.0m | $50.7m | $43.5m | $47.6m | $46.7m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Payments of Financing Costs | — | — | — | — | — | — | — | — | — | $6.3m | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $33.0m | $27.4m | $35.5m | $37.5m | $34.1m | $29.2m | $96.4m | $96.0m | $80.6m | $82.6m | — | |
| Additional Financial Items | ||||||||||||
| Gains (Losses) on Sales of Investment Real Estate | $31.8m | $18.9m | $10.6m | $35.2m | $7.6m | $87.7m | $111.8m | ($66.5m) | ($9.9m) | $6.1m | — | |
| General and Administrative Expense | $3.4m | $9.5m | $10.8m | $12.7m | $15.1m | $18.6m | $26.3m | $22.8m | $24.2m | $24.0m | — | |
| Income Tax Expense (Benefit) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | $0 | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $76.1m | $79.0m | — | |
| Operating Lease, Expense | — | — | — | — | — | — | $1.3m | $849k | $674k | $616k | — | |
| Operating Lease, Lease Income | — | — | — | — | — | — | — | — | — | $656.5m | — | |
| Restructuring Costs | — | — | — | — | — | — | — | $3.2m | $0 | — | — |