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Significant Transactions - (Tables)
12 Months Ended
Dec. 31, 2014
Significant Transactions [Abstract]  
Schedule of Business Acquisitions [Table Text Block]
 
Year Ended December 31,
 
2014
 
2013
Number of apartment homes
1,182

 
134

Acquisition price
$
291,925

 
$
53,575

Non-recourse property debt assumed (outstanding principal balance)
65,200

 
12,446

Non-recourse property debt assumed (fair value)
64,817

 
14,767

Total fair value allocated to land
70,842

 
18,720

Total fair value allocated to buildings and improvements
217,431

 
37,176

Balance Sheets Related to Legally Sold Portfolio [Table Text Block]
The portfolio’s assets and liabilities included in other assets in our consolidated balance sheets are summarized below (in thousands).
 
December 31,
 
2014
 
2013
Real estate, net
$
117,851

 
$
120,175

Cash and cash equivalents
23,133

 
22,602

Investment in unconsolidated real estate partnerships
8,392

 
10,817

Other assets
11,759

 
10,255

Total assets
$
161,135

 
$
163,849

 
 
 
 
Total indebtedness
$
113,641

 
$
106,032

Accrued and other liabilities
4,417

 
19,263

Total liabilities
118,058

 
125,295

 
 
 
 
Noncontrolling interests in consolidated real estate partnerships
44,106

 
35,818

Equity attributable to Aimco and the Aimco Operating Partnership
(1,029
)
 
2,736

Total liabilities and equity
$
161,135

 
$
163,849

Statement of Income Related to Legally Sold Portfolio [Table Text Block]
 
Year Ended December 31,
 
2014
 
2013
Revenues
$
27,701

 
$
23,711

Expenses
(21,472
)
 
(21,188
)
Equity in earnings or loss of unconsolidated entities, gains or losses on dispositions and other, net
(6,996
)
 
(748
)
Net (loss) income related to legacy asset management business
(767
)
 
1,775

Income tax benefit (expense) associated with legacy asset management business
3

 
(639
)
Noncontrolling interests in consolidated real estate partnerships
(403
)
 
21,370

Net (loss) income of legacy asset management business attributable to Aimco and the Aimco Operating Partnership
$
(1,167
)
 
$
22,506

Schedule of Acquisitions of Noncontrolling Interests In Consolidated Real Estate Partnerships [Table Text Block]
 
Year Ended December 31,
 
2013
 
2012
Consolidated partnerships in which remaining limited partnership interests were acquired
3

 
11

Number of apartment communities owned by partnerships
5

 
17

Cost of limited partnership interests acquired
$
17,900

 
$
50,654

Excess of consideration paid over the carrying amount of noncontrolling interests acquired
17,170

 
44,777