XML 42 R25.htm IDEA: XBRL DOCUMENT v2.4.1.9
Real Estate and Accumulated Depreciation
12 Months Ended
Dec. 31, 2014
SEC Schedule III, Real Estate and Accumulated Depreciation Disclosure [Abstract]  
Schedule III: Real Estate and Accumulated Depreciation Disclosure
APARTMENT INVESTMENT AND MANAGEMENT COMPANY
AIMCO PROPERTIES, L.P.
SCHEDULE III: REAL ESTATE AND ACCUMULATED DEPRECIATION
December 31, 2014
(In Thousands Except Apartment Home Data)
 
 
 
 
 
 
(2)
(3)
 
 
 
 
 
 
 
 
(1)
 
 
 
 Initial Cost
 Cost Capitalized
December 31, 2014
 
Apartment
Date
 
 Year
 Apartment
 
 Buildings and
 Subsequent to
 
 Buildings and
(4)
 Accumulated
 Total Cost
 
Apartment Community Name
Type
Consolidated
Location
 Built
 Homes
 Land
 Improvements
 Consolidation
 Land
 Improvements
 Total
 Depreciation (AD)
  Net of AD
 Encumbrances
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Conventional Apartment Communities:
 
 
 
 
 
 
 
 
 
 
 
 
 
100 Forest Place
High Rise
Dec-97
Oak Park, IL
1987
234

$
2,664

$
18,815

$
7,164

$
2,664

$
25,979

$
28,643

$
(11,953
)
$
16,690

$
25,434

118-122 West 23rd Street
High Rise
Jun-12
New York, NY
1987
42

14,985

23,459

5,568

14,985

29,027

44,012

(2,728
)
41,284

19,117

1582 First Avenue
High Rise
Mar-05
New York, NY
1900
17

4,281

752

259

4,281

1,011

5,292

(408
)
4,884

2,470

173 E. 90th Street
High Rise
May-04
New York, NY
1910
72

12,066

4,535

2,422

12,066

6,957

19,023

(2,507
)
16,516

7,280

21 Fitzsimons
Mid-Rise
Aug-14
Aurora, CO
2008
600

12,864

104,720


12,864

104,720

117,584

(1,296
)
116,288

49,842

234 East 88th Street
Mid-Rise
Jan-14
New York, NY
1900
20

2,448

4,449


2,448

4,449

6,897

(158
)
6,739

3,498

182-188 Columbus Avenue
Mid Rise
Feb-07
New York, NY
1910
32

19,123

3,300

2,623

19,123

5,923

25,046

(2,336
)
22,710

13,471

236-238 East 88th Street
High Rise
Jan-04
New York, NY
1900
43

8,820

2,914

1,937

8,820

4,851

13,671

(1,640
)
12,031

11,807

237-239 Ninth Avenue
High Rise
Mar-05
New York, NY
1900
36

8,495

1,866

2,409

8,495

4,275

12,770

(1,202
)
11,568

6,035

240 West 73rd Street, LLC
High Rise
Sep-04
New York, NY
1900
200

68,109

12,140

9,274

68,109

21,414

89,523

(7,223
)
82,300

26,986

2900 on First Apartments
Mid Rise
Oct-08
Seattle, WA
1989
135

19,070

17,518

26,838

19,070

44,356

63,426

(7,484
)
55,942


306 East 89th Street
High Rise
Jul-04
New York, NY
1930
20

2,680

1,006

383

2,680

1,389

4,069

(477
)
3,592

2,015

311 & 313 East 73rd Street
Mid Rise
Mar-03
New York, NY
1904
34

5,678

1,609

403

5,678

2,012

7,690

(1,228
)
6,462

4,237

322-324 East 61st Street
High Rise
Mar-05
New York, NY
1900
40

6,372

2,224

1,103

6,372

3,327

9,699

(1,313
)
8,386

3,706

3400 Avenue of the Arts
Mid Rise
Mar-02
Costa Mesa, CA
1987
770

57,241

65,506

71,959

57,241

137,465

194,706

(73,857
)
120,849

111,060

452 East 78th Street
High Rise
Jan-04
New York, NY
1900
12

1,982

608

461

1,982

1,069

3,051

(389
)
2,662

2,759

464-466 Amsterdam & 200-210 W. 83rd Street
Mid Rise
Feb-07
New York, NY
1910
72

25,553

7,101

4,896

25,553

11,997

37,550

(4,277
)
33,273

19,679

510 East 88th Street
High Rise
Jan-04
New York, NY
1900
20

3,163

1,002

402

3,163

1,404

4,567

(487
)
4,080

2,956

518 East 88th Street
Mid-Rise
Jan-14
New York, NY
1900
20

2,233

4,315


2,233

4,315

6,548

(149
)
6,399

3,030

707 Leahy
Garden
Apr-07
Redwood City, CA
1973
110

15,444

7,909

5,255

15,444

13,164

28,608

(5,400
)
23,208

9,447

865 Bellevue
Garden
Jul-00
Nashville, TN
1972
326

3,562

12,037

28,330

3,562

40,367

43,929

(24,676
)
19,253

17,853

1045 on the Park Apartments Homes
Mid Rise
Jul-13
Atlanta, GA
2012
30

2,793

6,662

68

2,793

6,730

9,523

(354
)
9,169

6,090

865 Bellevue
Garden
Jul-00
Nashville, TN
1972
326

3,562

12,037

28,330

3,562

40,367

43,929

(24,676
)
19,253

17,853

Bank Lofts
High Rise
Apr-01
Denver, CO
1920
117

3,525

9,045

2,740

3,525

11,785

15,310

(5,706
)
9,604

11,396

Bay Parc Plaza
High Rise
Sep-04
Miami, FL
2000
471

22,680

41,847

8,467

22,680

50,314

72,994

(13,584
)
59,410

44,734

Bay Ridge at Nashua
Garden
Jan-03
Nashua, NH
1984
412

3,262

40,713

4,472

3,262

45,185

48,447

(16,462
)
31,985

30,295

Bayberry Hill Estates
Garden
Aug-02
Framingham, MA
1971
424

19,944

35,945

12,790

19,944

48,735

68,679

(20,361
)
48,318

32,668

Bluffs at Pacifica, The
Garden
Oct-06
Pacifica, CA
1963
64

8,108

4,132

13,894

8,108

18,026

26,134

(9,390
)
16,744

5,832

Boston Lofts
High Rise
Apr-01
Denver, CO
1890
158

3,446

20,589

5,840

3,446

26,429

29,875

(12,469
)
17,406

16,647

Boulder Creek
Garden
Jul-94
Boulder, CO
1973
221

754

7,730

20,341

754

28,071

28,825

(15,236
)
13,589

7,780

Broadcast Center
Garden
Mar-02
Los Angeles, CA
1990
279

29,407

41,244

26,975

29,407

68,219

97,626

(33,086
)
64,540

34,000

Broadway Lofts
High Rise
Sep-12
San Diego, CA
1909
84

5,367

14,442

1,056

5,367

15,498

20,865

(1,266
)
19,599

9,829

Buena Vista
Mid Rise
Jan-06
Pasadena, CA
1973
92

9,693

6,818

1,811

9,693

8,629

18,322

(2,956
)
15,366

9,866

Burke Shire Commons
Garden
Mar-01
Burke, VA
1986
360

4,867

23,617

11,152

4,867

34,769

39,636

(15,281
)
24,355

41,404

Calhoun Beach Club
High Rise
Dec-98
Minneapolis, MN
1928
332

11,708

73,334

54,745

11,708

128,079

139,787

(62,885
)
76,902

45,846

Canyon Terrace
Garden
Mar-02
Saugus, CA
1984
130

7,508

6,601

5,943

7,508

12,544

20,052

(6,618
)
13,434

9,904

Charlesbank Apartment Homes
Mid Rise
Sep-13
Watertown, MA
2012
44

3,399

11,726

182

3,399

11,908

15,307

(532
)
14,775

8,366

Cedar Rim
Garden
Apr-00
Newcastle, WA
1980
104

761

5,218

16,933

761

22,151

22,912

(18,062
)
4,850

7,366

Chestnut Hall
High Rise
Oct-06
Philadelphia, PA
1923
315

12,338

14,299

7,996

12,338

22,295

34,633

(11,254
)
23,379

16,823

Chestnut Hill Village
Garden
Apr-00
Philadelphia, PA
1963
821

6,469

49,316

46,477

6,469

95,793

102,262

(57,987
)
44,275

55,399

Chimneys of Cradle Rock
Garden
Jun-04
Columbia, MD
1979
198

2,040

8,108

42

2,040

8,150

10,190

(2,405
)
7,785

15,895

 
 
 
 
 
 
(2)
(3)
 
 
 
 
 
 
 
 
(1)
 
 
 
 Initial Cost
 Cost Capitalized
December 31, 2014
 
Apartment
Date
 
 Year
 Apartment
 
 Buildings and
 Subsequent to
 
 Buildings and
(4)
 Accumulated
 Total Cost
 
Apartment Community Name
Type
Consolidated
Location
 Built
 Homes
 Land
 Improvements
 Consolidation
 Land
 Improvements
 Total
 Depreciation (AD)
  Net of AD
 Encumbrances
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Colony at Kenilworth
Garden
Oct-99
Towson, MD
1966
383

2,403

18,799

16,318

2,403

35,117

37,520

(22,942
)
14,578

22,638

Columbus Avenue
Mid Rise
Sep-03
New York, NY
1880
59

35,527

9,450

4,759

35,527

14,209

49,736

(7,764
)
41,972

27,358

Creekside
Garden
Jan-00
Denver, CO
1974
328

3,189

12,698

5,828

3,189

18,526

21,715

(11,067
)
10,648

12,228

Crescent at West Hollywood, The
Mid Rise
Mar-02
West Hollywood, CA
1985
130

15,765

10,215

14,161

15,765

24,376

40,141

(17,243
)
22,898


Eastpointe
Garden
Dec-14
Boulder, CO
1970
140

15,300

2,705


15,300

2,705

18,005

(4
)
18,001


Elm Creek
Mid Rise
Dec-97
Elmhurst, IL
1987
400

5,910

30,830

29,444

5,910

60,274

66,184

(25,360
)
40,824

40,729

Evanston Place
High Rise
Dec-97
Evanston, IL
1990
189

3,232

25,546

7,350

3,232

32,896

36,128

(15,087
)
21,041

20,327

Farmingdale
Mid Rise
Oct-00
Darien, IL
1975
240

11,763

15,174

10,968

11,763

26,142

37,905

(14,074
)
23,831

15,521

Flamingo Towers
High Rise
Sep-97
Miami Beach, FL
1960
1,186

32,430

48,808

243,485

32,430

292,293

324,723

(126,044
)
198,679

111,240

Four Quarters Habitat
Garden
Jan-06
Miami, FL
1976
336

2,379

17,199

19,979

2,379

37,178

39,557

(21,325
)
18,232

7,747

Foxchase
Garden
Dec-97
Alexandria, VA
1940
2,113

15,496

96,062

35,313

15,496

131,375

146,871

(69,046
)
77,825

242,143

Georgetown
Garden
Aug-02
Framingham, MA
1964
207

12,351

13,168

2,420

12,351

15,588

27,939

(6,238
)
21,701

8,804

Georgetown II
Mid Rise
Aug-02
Framingham, MA
1958
72

4,577

4,057

841

4,577

4,898

9,475

(2,593
)
6,882

2,949

Grand Pointe
Garden
Dec-99
Columbia, MD
1972
325

2,714

16,771

6,058

2,714

22,829

25,543

(11,683
)
13,860

15,325

Greens
Garden
Jul-94
Chandler, AZ
2000
324

2,303

713

25,600

2,303

26,313

28,616

(14,939
)
13,677

8,320

Heritage Park Escondido
Garden
Oct-00
Escondido, CA
1986
196

1,055

7,565

1,515

1,055

9,080

10,135

(5,726
)
4,409

7,039

Heritage Park Livermore
Garden
Oct-00
Livermore, CA
1988
167


10,209

1,433


11,642

11,642

(6,627
)
5,015

7,270

Heritage Village Anaheim
Garden
Oct-00
Anaheim, CA
1986
196

1,832

8,541

1,451

1,832

9,992

11,824

(6,063
)
5,761

8,543

Hidden Cove
Garden
Jul-98
Escondido, CA
1983
334

3,043

17,616

8,790

3,043

26,406

29,449

(13,804
)
15,645

36,041

Hidden Cove II
Garden
Jul-07
Escondido, CA
1986
118

12,849

6,530

6,864

12,849

13,394

26,243

(6,697
)
19,546

14,599

Hillcreste
Garden
Mar-02
Century City, CA
1989
315

35,862

47,216

21,660

35,862

68,876

104,738

(33,133
)
71,605

69,016

Hillmeade
Garden
Nov-94
Nashville, TN
1986
288

2,872

16,070

11,697

2,872

27,767

30,639

(15,686
)
14,953

16,700

Horizons West Apartments
Mid Rise
Dec-06
Pacifica, CA
1970
78

8,887

6,377

2,184

8,887

8,561

17,448

(3,390
)
14,058


Hunt Club
Garden
Sep-00
Gaithersburg, MD
1986
336

17,859

13,149

8,977

17,859

22,126

39,985

(10,862
)
29,123


Hunter's Chase
Garden
Jan-01
Midlothian, VA
1985
320

7,935

7,915

3,063

7,935

10,978

18,913

(4,838
)
14,075

15,038

Hunters Glen
Garden
Oct-99
Plainsboro, NJ
1976
896

8,778

47,259

41,137

8,778

88,396

97,174

(63,347
)
33,827

63,322

Hyde Park Tower
High Rise
Oct-04
Chicago, IL
1990
155

4,731

14,927

3,938

4,731

18,865

23,596

(5,050
)
18,546

13,769

Indian Oaks
Garden
Mar-02
Simi Valley, CA
1986
254

24,523

15,801

5,093

24,523

20,894

45,417

(9,523
)
35,894

30,611

Island Club
Garden
Oct-00
Oceanside, CA
1986
592

18,027

28,654

14,736

18,027

43,390

61,417

(25,222
)
36,195

60,075

Key Towers
High Rise
Apr-01
Alexandria, VA
1964
140

1,526

7,050

6,445

1,526

13,495

15,021

(9,042
)
5,979

10,118

Lakeside
Garden
Oct-99
Lisle, IL
1972
568

5,840

27,937

32,254

5,840

60,191

66,031

(38,982
)
27,049

27,336

Lakeside at Vinings Mountain
Garden
Jan-00
Atlanta, GA
1983
220

2,111

11,862

15,661

2,111

27,523

29,634

(19,180
)
10,454

14,228

Latrobe
High Rise
Jan-03
Washington, DC
1980
175

3,459

9,103

16,492

3,459

25,595

29,054

(17,701
)
11,353

28,969

Lincoln Place (5)
Garden
Oct-04
Venice, CA
1951
767

128,332

10,439

330,252

44,197

340,691

384,888

(15,023
)
369,865

175,864

Lodge at Chattahoochee, The
Garden
Oct-99
Sandy Springs, GA
1970
312

2,335

16,370

24,029

2,335

40,399

42,734

(26,625
)
16,109

20,875

Malibu Canyon
Garden
Mar-02
Calabasas, CA
1986
698

69,834

53,438

21,341

69,834

74,779

144,613

(33,699
)
110,914

113,768

Maple Bay
Garden
Dec-99
Virginia Beach, VA
1971
414

2,597

16,141

28,046

2,597

44,187

46,784

(29,527
)
17,257

30,458

Mariners Cove
Garden
Mar-02
San Diego, CA
1984
500


66,861

7,775


74,636

74,636

(29,968
)
44,668

783

Meadow Creek
Garden
Jul-94
Boulder, CO
1968
332

1,435

24,533

5,627

1,435

30,160

31,595

(15,806
)
15,789


Merrill House
High Rise
Jan-00
Falls Church, VA
1964
159

1,836

10,831

7,028

1,836

17,859

19,695

(8,589
)
11,106

18,221

Monterey Grove
Garden
Jun-08
San Jose, CA
1999
224

34,325

21,939

3,820

34,325

25,759

60,084

(8,081
)
52,003


Ocean House on Prospect
Mid Rise
Apr-13
La Jolla, CA
1970
60

12,528

18,805

2,407

12,528

21,212

33,740

(1,012
)
32,728

14,331

Pacific Bay Vistas (5)
Garden
Mar-01
San Bruno, CA
1987
308

28,694

62,460

36,795

22,994

99,254

122,248

(7,984
)
114,264

71,133

Pacifica Park
Garden
Jul-06
Pacifica, CA
1977
104

12,970

6,579

3,680

12,970

10,259

23,229

(4,720
)
18,509

11,916

Palazzo at Park La Brea, The
Mid Rise
Feb-04
Los Angeles, CA
2002
521

48,362

125,464

29,124

48,362

154,588

202,950

(58,682
)
144,268

115,755

Palazzo East at Park La Brea, The
Mid Rise
Mar-05
Los Angeles, CA
2005
611

72,578

136,503

16,218

72,578

152,721

225,299

(55,801
)
169,498

120,269

Park Towne Place
High Rise
Apr-00
Philadelphia, PA
1959
959

10,472

47,301

145,860

10,472

193,161

203,633

(51,541
)
152,092


Parkway
Garden
Mar-00
Willamsburg, VA
1971
148

386

2,834

2,898

386

5,732

6,118

(3,463
)
2,655

8,460

 
 
 
 
 
 
(2)
(3)
 
 
 
 
 
 
 
 
(1)
 
 
 
 Initial Cost
 Cost Capitalized
December 31, 2014
 
Apartment
Date
 
 Year
 Apartment
 
 Buildings and
 Subsequent to
 
 Buildings and
(4)
 Accumulated
 Total Cost
 
Apartment Community Name
Type
Consolidated
Location
 Built
 Homes
 Land
 Improvements
 Consolidation
 Land
 Improvements
 Total
 Depreciation (AD)
  Net of AD
 Encumbrances
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Pathfinder Village
Garden
Jan-06
Fremont, CA
1973
246

19,595

14,838

9,928

19,595

24,766

44,361

(9,992
)
34,369

40,251

Peachtree Park
Garden
Jan-96
Atlanta, GA
1969
303

4,684

11,713

12,952

4,684

24,665

29,349

(13,146
)
16,203

7,743

Peak at Vinings Mountain, The
Garden
Jan-00
Atlanta, GA
1980
280

2,651

13,660

18,350

2,651

32,010

34,661

(22,611
)
12,050

15,033

Peakview Place
Garden
Jan-00
Englewood, CO
1975
296

3,442

18,248


3,442

18,248

21,690

(11,836
)
9,854

11,874

Plantation Gardens
Garden
Oct-99
Plantation ,FL
1971
372

3,773

19,443

19,004

3,773

38,447

42,220

(18,971
)
23,249

22,201

Post Ridge
Garden
Jul-00
Nashville, TN
1972
150

1,883

6,712

4,478

1,883

11,190

13,073

(6,861
)
6,212

5,577

Preserve at Marin
Mid Rise
Aug-11
Corte Madera, CA
1964
126

18,179

30,132

75,232

18,179

105,364

123,543

(2,034
)
121,509

39,152

Ramblewood
Garden
Dec-99
Wyoming, MI
1973
1,707

8,661

61,082

10,783

8,661

71,865

80,526

(28,954
)
51,572

32,808

Ravensworth Towers
High Rise
Jun-04
Annandale, VA
1974
219

3,455

17,157

2,669

3,455

19,826

23,281

(11,461
)
11,820

21,992

Reflections
Garden
Sep-00
Virginia Beach, VA
1987
480

15,988

13,684

4,985

15,988

18,669

34,657

(9,505
)
25,152

29,877

River Club,The
Garden
Apr-05
Edgewater, NJ
1998
266

30,579

30,638

2,843

30,579

33,481

64,060

(11,545
)
52,515


Riverloft
High Rise
Oct-99
Philadelphia, PA
1910
184

2,120

11,286

29,065

2,120

40,351

42,471

(16,777
)
25,694

13,923

Riverside
High Rise
Apr-00
Alexandria ,VA
1973
1,222

10,493

65,473

88,226

10,493

153,699

164,192

(106,201
)
57,991

116,213

Rosewood
Garden
Mar-02
Camarillo, CA
1976
152

12,430

8,060

3,540

12,430

11,600

24,030

(4,927
)
19,103

16,971

Royal Crest Estates
Garden
Aug-02
Warwick, RI
1972
492

22,433

24,095

5,218

22,433

29,313

51,746

(16,627
)
35,119

35,293

Royal Crest Estates
Garden
Aug-02
Nashua, NH
1970
902

68,230

45,562

9,142

68,230

54,704

122,934

(34,008
)
88,926

36,210

Royal Crest Estates
Garden
Aug-02
Marlborough, MA
1970
473

25,178

28,786

8,965

25,178

37,751

62,929

(19,208
)
43,721

32,807

Royal Crest Estates
Garden
Aug-02
North Andover, MA
1970
588

51,292

36,808

20,516

51,292

57,324

108,616

(25,770
)
82,846


San Melia
Garden
Mar-12
Phoenix, AZ
1998
488

16,631

55,679

5,724

16,631

61,403

78,034

(6,750
)
71,284

30,592

Savannah Trace
Garden
Mar-01
Shaumburg, IL
1986
368

13,960

20,731

4,604

13,960

25,335

39,295

(12,512
)
26,783

24,575

Saybrook Point
Garden
Dec-14
San Jose, CA
1995
324

32,842

84,457


32,842

84,457

117,299

(117
)
117,182

64,817

Scotchollow
Garden
Jan-06
San Mateo, CA
1971
418

49,475

17,756

12,034

49,475

29,790

79,265

(12,686
)
66,579

77,071

Shenandoah Crossing
Garden
Sep-00
Fairfax, VA
1984
640

18,200

57,198

17,777

18,200

74,975

93,175

(39,868
)
53,307

63,444

Springwoods at Lake Ridge
Garden
Jul-02
Woodbridge, VA
1984
180

5,587

7,284

2,643

5,587

9,927

15,514

(2,632
)
12,882

13,092

Spyglass at Cedar Cove
Garden
Sep-00
Lexington Park, MD
1985
152

3,241

5,094

3,165

3,241

8,259

11,500

(4,893
)
6,607

9,755

Stafford
High Rise
Oct-02
Baltimore, MD
1889
96

562

4,033

4,176

562

8,209

8,771

(5,529
)
3,242

3,977

Steeplechase
Garden
Sep-00
Largo, MD
1986
240

3,675

16,111

4,808

3,675

20,919

24,594

(10,725
)
13,869


Sterling Apartment Homes, The
Garden
Oct-99
Philadelphia, PA
1961
536

8,871

55,365

48,901

8,871

104,266

113,137

(46,219
)
66,918

71,505

Stone Creek Club
Garden
Sep-00
Germantown, MD
1984
240

13,593

9,347

6,640

13,593

15,987

29,580

(9,423
)
20,157


Timbers at Long Reach Apartment Homes
Garden
Apr-05
Columbia, MD
1979
178

2,430

12,181

613

2,430

12,794

15,224

(6,444
)
8,780

13,121

Towers Of Westchester Park, The
High Rise
Jan-06
College Park, MD
1972
303

15,198

22,029

10,963

15,198

32,992

48,190

(11,766
)
36,424

25,467

Township At Highlands
Town Home
Nov-96
Centennial, CO
1985
161

1,536

9,773

6,435

1,536

16,208

17,744

(9,477
)
8,267

15,100

Tremont
Mid Rise
Dec-14
Atlanta, GA
2009
78

5,155

18,130


5,155

18,130

23,285

(25
)
23,260


Twin Lake Towers
High Rise
Oct-99
Westmont, IL
1969
399

3,268

18,763

38,885

3,268

57,648

60,916

(40,980
)
19,936

31,691

Vantage Pointe
Mid Rise
Aug-02
Swampscott, MA
1987
96

4,748

10,089

1,188

4,748

11,277

16,025

(3,953
)
12,072

5,100

Views at Vinings Mountain, The
Garden
Jan-06
Atlanta, GA
1983
180

610

5,026

12,004

610

17,030

17,640

(14,963
)
2,677


Villa Del Sol
Garden
Mar-02
Norwalk, CA
1972
120

7,476

4,861

2,339

7,476

7,200

14,676

(3,881
)
10,795

11,432

Village of Pennbrook
Garden
Oct-98
Levittown, PA
1969
722

10,240

38,222

13,110

10,240

51,332

61,572

(30,337
)
31,235

44,883

Villas at Park La Brea, The
Garden
Mar-02
Los Angeles, CA
2002
250

8,630

48,871

6,086

8,630

54,957

63,587

(23,191
)
40,396

21,428

Waterford Village
Garden
Aug-02
Bridgewater, MA
1971
588

29,110

28,101

3,143

29,110

31,244

60,354

(21,275
)
39,079

38,014

Waterways Village
Garden
Jun-97
Aventura, FL
1994
180

4,504

11,064

5,701

4,504

16,765

21,269

(8,367
)
12,902


Waverly Apartments
Garden
Aug-08
Brighton, MA
1970
103

7,920

11,347

2,040

7,920

13,387

21,307

(3,822
)
17,485

12,459

Wexford Village
Garden
Aug-02
Worcester, MA
1974
264

6,349

17,939

1,700

6,349

19,639

25,988

(9,869
)
16,119

10,188

Willow Bend
Garden
May-98
Rolling Meadows, IL
1969
328

2,717

15,437

26,480

2,717

41,917

44,634

(28,596
)
16,038

18,386

Windrift
Garden
Mar-01
Oceanside, CA
1987
404

24,960

17,590

20,375

24,960

37,965

62,925

(25,980
)
36,945

41,863

Windsor Park
Garden
Mar-01
Woodbridge, VA
1987
220

4,279

15,970

5,327

4,279

21,297

25,576

(9,834
)
15,742

18,294

Woods Of Williamsburg
Garden
Jan-06
Williamsburg, VA
1976
125

798

3,657

1,192

798

4,849

5,647

(3,872
)
1,775


Yacht Club at Brickell
High Rise
Dec-03
Miami, FL
1998
357

31,362

32,214

9,431

31,362

41,645

73,007

(12,334
)
60,673

48,229

 
 
 
 
 
 
(2)
(3)
 
 
 
 
 
 
 
 
(1)
 
 
 
 Initial Cost
 Cost Capitalized
December 31, 2014
 
Apartment
Date
 
 Year
 Apartment
 
 Buildings and
 Subsequent to
 
 Buildings and
(4)
 Accumulated
 Total Cost
 
Apartment Community Name
Type
Consolidated
Location
 Built
 Homes
 Land
 Improvements
 Consolidation
 Land
 Improvements
 Total
 Depreciation (AD)
  Net of AD
 Encumbrances
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Yorktown Apartments
High Rise
Dec-99
Lombard, IL
1971
364

3,055

18,162

33,672

3,055

51,834

54,889

(22,109
)
32,780

30,937

Total Conventional Apartment Communities
 
 
 
43,004

1,860,444

3,117,671

2,342,280

1,770,609

5,459,950

7,230,559

(2,281,999
)
4,948,560

3,640,020

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Affordable Apartment Communities:
 
 
 
 
 
 
 
 
 
 
 
 
 
All Hallows
Garden
Jan-06
San Francisco, CA
1976
157

1,338

29,770

20,911

1,338

50,681

52,019

(27,472
)
24,547

22,885

Arvada House
High Rise
Nov-04
Arvada, CO
1977
88

405

3,314

2,364

405

5,678

6,083

(2,447
)
3,636

3,956

Bayview
Garden
Jun-05
San Francisco, CA
1976
146

582

15,265

17,710

582

32,975

33,557

(19,668
)
13,889

11,704

Beacon Hill
High Rise
Mar-02
Hillsdale, MI
1980
198

1,094

7,044

6,290

1,094

13,334

14,428

(5,920
)
8,508

6,889

Biltmore Towers
High Rise
Mar-02
Dayton, OH
1980
230

1,814

6,411

12,963

1,814

19,374

21,188

(11,870
)
9,318

10,331

Butternut Creek
Mid Rise
Jan-06
Charlotte, MI
1980
100

505

3,617

3,902

505

7,519

8,024

(5,575
)
2,449

4,049

Carriage House
Mid Rise
Dec-06
Petersburg, VA
1885
118

716

2,886

3,990

716

6,876

7,592

(3,608
)
3,984

1,863

City Line
Garden
Mar-02
Newport News, VA
1976
200

500

2,014

7,386

500

9,400

9,900

(4,855
)
5,045

4,428

Copperwood I Apartments
Garden
Apr-06
The Woodlands, TX
1980
150

383

8,373

5,507

383

13,880

14,263

(12,086
)
2,177

5,242

Copperwood II Apartments
Garden
Oct-05
The Woodlands, TX
1981
150

459

5,553

3,563

459

9,116

9,575

(5,543
)
4,032

5,408

Country Club Heights
Garden
Mar-04
Quincy, IL
1976
200

676

5,715

5,104

676

10,819

11,495

(5,691
)
5,804

5,748

Crevenna Oaks
Town Home
Jan-06
Burke, VA
1979
50


5,203

417


5,620

5,620

(2,940
)
2,680

2,653

Fountain Place
Mid Rise
Jan-06
Connersville, IN
1980
102

378

2,091

3,104

378

5,195

5,573

(1,730
)
3,843

964

Hopkins Village
Mid Rise
Sep-03
Baltimore, MD
1979
165

549

5,973

3,692

549

9,665

10,214

(3,924
)
6,290

9,100

Ingram Square
Garden
Jan-06
San Antonio, TX
1980
120

800

3,136

5,866

800

9,002

9,802

(5,112
)
4,690

3,376

Kirkwood House
High Rise
Sep-04
Baltimore, MD
1979
261

1,337

9,358

8,817

1,337

18,175

19,512

(7,641
)
11,871

16,000

La Salle
Garden
Oct-00
San Francisco, CA
1976
145

1,866

19,567

17,829

1,866

37,396

39,262

(24,179
)
15,083

17,882

La Vista
Garden
Jan-06
Concord, CA
1981
75

581

4,449

4,420

581

8,869

9,450

(3,290
)
6,160

5,055

Loring Towers
High Rise
Oct-02
Minneapolis, MN
1975
230

886

7,445

8,061

886

15,506

16,392

(6,923
)
9,469

9,739

Loring Towers Apartments
High Rise
Sep-03
Salem, MA
1973
250

187

14,050

7,717

187

21,767

21,954

(8,976
)
12,978

10,519

New Baltimore
Mid Rise
Mar-02
New Baltimore, MI
1980
101

896

2,360

5,270

896

7,630

8,526

(3,773
)
4,753

2,026

Northpoint
Garden
Jan-00
Chicago, IL
1921
304

2,510

14,334

15,382

2,510

29,716

32,226

(20,880
)
11,346

17,767

Panorama Park
Garden
Mar-02
Bakersfield, CA
1982
66

521

5,520

1,165

521

6,685

7,206

(3,194
)
4,012

1,896

Parc Chateau I
Garden
Jan-06
Lithonia, GA
1973
86

592

1,435


592

1,435

2,027

(1,383
)
644


Parc Chateau II
Garden
Jan-06
Lithonia, GA
1974
88

596

2,965

28

596

2,993

3,589

(2,356
)
1,233


Park Place
Mid Rise
Jun-05
St Louis, MO
1977
242

705

6,327

8,176

705

14,503

15,208

(10,318
)
4,890

8,729

Parkways, The
Garden
Jun-04
Chicago, IL
1925
446

3,426

23,257

20,546

3,426

43,803

47,229

(23,575
)
23,654

17,901

Pavilion
High Rise
Mar-04
Philadelphia, PA
1976
296


15,415

2,064


17,479

17,479

(8,270
)
9,209

7,040

Pleasant Hills
Garden
Apr-05
Austin, TX
1982
100

1,229

2,631

3,770

1,229

6,401

7,630

(3,498
)
4,132

3,001

Plummer Village
Mid Rise
Mar-02
North Hills, CA
1983
75

666

2,647

1,738

666

4,385

5,051

(2,900
)
2,151

2,386

Riverwoods
High Rise
Jan-06
Kankakee, IL
1983
125

598

4,931

3,611

598

8,542

9,140

(3,247
)
5,893

3,530

Round Barn Manor
Garden
Mar-02
Champaign, IL
1979
156

810

5,134

6,003

810

11,137

11,947

(3,498
)
8,449

4,408

San Jose Apartments
Garden
Sep-05
San Antonio, TX
1970
220

234

5,770

12,132

234

17,902

18,136

(8,890
)
9,246

4,451

San Juan Del Centro
Mid Rise
Sep-05
Boulder, CO
1971
150

439

7,110

12,989

439

20,099

20,538

(9,758
)
10,780

11,856

Shoreview
Garden
Oct-99
San Francisco, CA
1976
156

1,476

19,071

19,533

1,476

38,604

40,080

(25,531
)
14,549

19,190

South Bay Villa
Garden
Mar-02
Los Angeles, CA
1981
80

1,352

2,770

3,937

1,352

6,707

8,059

(5,608
)
2,451

2,811

Stonegate Apts
Mid Rise
Jul-09
Indianapolis, IN
1920
52

122

1,920

747

122

2,667

2,789

(1,434
)
1,355

1,825

Summit Oaks
Town Home
Jan-06
Burke, VA
1980
50


5,311

421


5,732

5,732

(2,836
)
2,896

2,642

Tamarac Pines Apartments I
Garden
Nov-04
Woodlands, TX
1980
144

363

2,775

3,958

363

6,733

7,096

(3,725
)
3,371

3,788

Tamarac Pines Apartments II
Garden
Nov-04
Woodlands, TX
1980
156

266

3,195

3,953

266

7,148

7,414

(3,528
)
3,886

4,103

Terry Manor
Mid Rise
Oct-05
Los Angeles, CA
1977
170

1,997

5,848

6,804

1,997

12,652

14,649

(9,542
)
5,107

6,389

Tompkins Terrace
Garden
Oct-02
Beacon, NY
1974
193

872

6,827

14,073

872

20,900

21,772

(9,065
)
12,707

6,748

University Square
High Rise
Mar-05
Philadelphia, PA
1978
442

702

12,201

9,670

702

21,871

22,573

(8,764
)
13,809

17,161

Van Nuys Apartments
High Rise
Mar-02
Los Angeles, CA
1981
299

3,576

21,226

23,339

3,576

44,565

48,141

(16,511
)
31,630

24,440

 
 
 
 
 
 
(2)
(3)
 
 
 
 
 
 
 
 
(1)
 
 
 
 Initial Cost
 Cost Capitalized
December 31, 2014
 
Apartment
Date
 
 Year
 Apartment
 
 Buildings and
 Subsequent to
 
 Buildings and
(4)
 Accumulated
 Total Cost
 
Apartment Community Name
Type
Consolidated
Location
 Built
 Homes
 Land
 Improvements
 Consolidation
 Land
 Improvements
 Total
 Depreciation (AD)
  Net of AD
 Encumbrances
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Wah Luck House
High Rise
Jan-06
Washington, DC
1982
153


7,772

637


8,409

8,409

(2,700
)
5,709

6,159

Walnut Hills
High Rise
Jan-06
Cincinnati, OH
1983
198

826

5,608

5,565

826

11,173

11,999

(5,039
)
6,960

5,386

Washington Square West
Mid Rise
Sep-04
Philadelphia, PA
1982
132

582

11,169

4,827

582

15,996

16,578

(10,610
)
5,968

3,554

Whitefield Place
Garden
Apr-05
San Antonio, TX
1980
80

219

3,151

2,143

219

5,294

5,513

(2,744
)
2,769

2,072

Winter Gardens
High Rise
Mar-04
St Louis, MO
1920
112

300

3,072

4,659

300

7,731

8,031

(2,352
)
5,679

3,429

Woodland Hills
Garden
Oct-05
Jackson, MI
1980
125

320

3,875

4,695

320

8,570

8,890

(5,201
)
3,689

3,335

Total Affordable Apartment Communities
 
 
 
8,132

41,251

376,861

351,448

41,251

728,309

769,560

(390,180
)
379,380

355,814

Other (6)
 
 
 
 

73,772

71,067


73,780

71,059

144,839


144,839

26,975

Total
 
 
 
 
51,136

$
1,975,467

$
3,565,599

$
2,693,728

$
1,885,640

$
6,259,318

$
8,144,958

$
(2,672,179
)
$
5,472,779

$
4,022,809

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(1) Date we acquired the apartment community or first consolidated the partnership which owns the apartment community.
(2) For 2008 and prior periods, costs to acquire the noncontrolling interest’s share of our consolidated real estate partnerships were capitalized as part of the initial cost.
(3) Costs capitalized subsequent to consolidation includes costs capitalized since acquisition or first consolidation of the partnership/apartment community.
(4) The aggregate cost of land and depreciable property for Federal income tax purposes was approximately $3.8 billion at December 31, 2014.
(5) The current carrying value of the apartment community reflects an impairment loss recognized during the current period or prior periods.
(6) Other includes land parcels and development costs.
APARTMENT INVESTMENT AND MANAGEMENT COMPANY
AIMCO PROPERTIES, L.P.
SCHEDULE III: REAL ESTATE AND ACCUMULATED DEPRECIATION
For the Years Ended December 31, 2014, 2013 and 2012
(In Thousands)

 
2014
 
2013
 
2012
Real Estate
Balance at beginning of year
$
8,214,081

 
$
8,333,419

 
$
8,917,137

Additions during the year:
 
 
 
 
 
Acquisitions
379,187

 
66,058

 
131,374

Capital additions
367,454

 
376,038

 
272,103

Deductions during the year:
 
 
 
 
 
Casualty and other write-offs (1)
(111,068
)
 
(98,489
)
 
(62,589
)
Reclassification of real estate included in sale of asset management business (Note 3)

 

 
(160,420
)
Amounts related to assets held for sale
(38,744
)
 

 

Sales
(665,952
)
 
(462,945
)
 
(764,186
)
Balance at end of year
$
8,144,958

 
$
8,214,081

 
$
8,333,419

Accumulated Depreciation
Balance at beginning of year
$
2,822,872

 
$
2,820,765

 
$
2,872,190

Additions during the year:
 
 
 
 
 
Depreciation
265,060

 
288,666

 
353,414

Deductions during the year:
 
 
 
 
 
Casualty and other write-offs (1)
(106,802
)
 
(92,775
)
 
(46,869
)
Reclassification of real estate included in sale of asset management business (Note 3)

 

 
(33,394
)
Amounts related to assets held for sale
(12,304
)
 

 

Sales
(296,647
)
 
(193,784
)
 
(324,576
)
Balance at end of year
$
2,672,179

 
$
2,822,872

 
$
2,820,765

(1)
Includes the write-off of fully depreciated assets totaling $106.3 million, $91.9 million and $38.7 million, during the years ended December 31, 2014, 2013 and 2012, respectively.