For an IR emitter, you need to worry about three main specifications when using for a distance. #1) Wavelength #2) Power Rating #3) Emitting Angle
You first must decide at what distance you wish to make it usable. If this is for a small object detector, you want to get the tightest possible beam angle. Then, you calculate the power that will be present upon the surface of your detector. This is a function of total emitted power and the beam divergence. Next, you must make sure that your photodetector is matched to your emitter's wavelength. If you use a photodiode, you will be given a specifications in Amperes/Watt. With this, you can see how much current will flow at the distance you wish to use it. You can use an appropriate transimpedance amplifier set to the gain needed for your output to be useable.