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Unaudited Summarized Consolidated Quarterly Information - (Tables)
12 Months Ended
Dec. 31, 2014
Schedule of Unaudited Quarterly Financial Information [Line Items]  
Summarized unaudited consolidated quarterly information
Aimco’s summarized unaudited consolidated quarterly information for the years ended December 31, 2014 and 2013 is provided below (in thousands, except per share amounts).
 
 
Quarter (1)
2014
 
First
 
Second
 
Third
 
Fourth
Total revenues
 
$
248,924

 
$
246,418

 
$
246,843

 
$
242,178

Total operating expenses
 
(183,646
)
 
(180,621
)
 
(179,376
)
 
(178,370
)
Operating income
 
65,278

 
65,797

 
67,467

 
63,808

Income from continuing operations
 
12,040

 
17,943

 
18,186

 
19,306

Gain on dispositions of real estate, net of tax
 
69,492

 
66,662

 
126,329

 
26,153

Net income
 
81,532

 
84,605

 
144,515

 
45,459

Net income attributable to Aimco common stockholders
 
$
64,235

 
$
75,010

 
$
124,706

 
$
36,269

Earnings per common share - basic:
 
 
 
 
 
 
 
 
Income from continuing operations attributable to Aimco common stockholders
 
$
0.44

 
$
0.51

 
$
0.86

 
$
0.25

Net income attributable to Aimco common stockholders
 
$
0.44

 
$
0.51

 
$
0.86

 
$
0.25

Earnings per common share - diluted:
 
 
 
 
 
 
 
 
Income from continuing operations attributable to Aimco common stockholders
 
$
0.44

 
$
0.51

 
$
0.85

 
$
0.25

Net income attributable to Aimco common stockholders
 
$
0.44

 
$
0.51

 
$
0.85

 
$
0.25

Weighted average common shares outstanding - basic
 
145,473

 
145,657

 
145,672

 
145,753

Weighted average common shares outstanding - diluted
 
145,681

 
145,985

 
146,104

 
146,238

 
 
Quarter (1)
2013
 
First
 
Second
 
Third
 
Fourth
Total revenues
 
$
237,504

 
$
241,744

 
$
243,943

 
$
250,862

Total operating expenses
 
(184,864
)
 
(183,033
)
 
(179,430
)
 
(177,707
)
Operating income
 
52,640

 
58,711

 
64,513

 
73,155

(Loss) income from continuing operations
 
(1,662
)
 
2,477

 
6,977

 
26,804

Income from discontinued operations, net
 
4,495

 
4,502

 
72,433

 
121,799

Net income
 
2,833

 
6,979

 
79,410

 
148,603

Net income attributable to Aimco common stockholders
 
$
5,050

 
$
10,107

 
$
66,268

 
$
122,037

Income (loss) per common share - basic and diluted:
 
 
 
 
 
 
 
 
(Loss) income from continuing operations attributable to Aimco common stockholders
 
$
(0.01
)
 
$
0.01

 
$
0.04

 
$
0.25

Net income attributable to Aimco common stockholders
 
$
0.03

 
$
0.07

 
$
0.46

 
$
0.84

Weighted average common shares outstanding - basic
 
145,169

 
145,321

 
145,334

 
145,341

Weighted average common shares outstanding - diluted
 
145,169

 
145,674

 
145,563

 
145,499



AIMCO PROPERTIES, L.P.  
Schedule of Unaudited Quarterly Financial Information [Line Items]  
Summarized unaudited consolidated quarterly information
 
 
Quarter (1)
2014
 
First
 
Second
 
Third
 
Fourth
Total revenues
 
$
248,924

 
$
246,418

 
$
246,843

 
$
242,178

Total operating expenses
 
(183,646
)
 
(180,621
)
 
(179,376
)
 
(178,370
)
Operating income
 
65,278

 
65,797

 
67,467

 
63,808

Income from continuing operations
 
12,040

 
17,943

 
18,186

 
19,306

Gain on dispositions of real estate, net of tax
 
69,492

 
66,662

 
126,329

 
26,153

Net income
 
81,532

 
84,605

 
144,515

 
45,459

Net income attributable to the Partnership’s common unitholders
 
$
67,846

 
$
78,745

 
$
131,255

 
$
38,144

Earnings per common unit - basic:
 
 
 
 
 
 
 
 
Income from continuing operations attributable to the Partnership’s common unitholders
 
$
0.44

 
$
0.51

 
$
0.86

 
$
0.25

Net income attributable to the Partnership’s common unitholders
 
$
0.44

 
$
0.51

 
$
0.86

 
$
0.25

Earnings per common unit - diluted:
 
 
 
 
 
 
 
 
Income from continuing operations attributable to the Partnership’s common unitholders
 
$
0.44

 
$
0.51

 
$
0.85

 
$
0.25

Net income attributable to the Partnership’s common unitholders
 
$
0.44

 
$
0.51

 
$
0.85

 
$
0.25

Weighted average common units outstanding - basic
 
153,329

 
153,377

 
153,337

 
153,408

Weighted average common units outstanding - diluted
 
153,537

 
153,705

 
153,769

 
153,893

 
 
Quarter (1)
2013
 
First
 
Second
 
Third
 
Fourth
Total revenues
 
$
237,504

 
$
241,744

 
$
243,943

 
$
250,862

Total operating expenses
 
(184,864
)
 
(183,033
)
 
(179,430
)
 
(177,707
)
Operating income
 
52,640

 
58,711

 
64,513

 
73,155

(Loss) income from continuing operations
 
(1,662
)
 
2,477

 
6,977

 
26,804

Income from discontinued operations, net
 
4,495

 
4,502

 
72,433

 
121,799

Net income
 
2,833

 
6,979

 
79,410

 
148,603

Net income attributable to the Partnership’s common unitholders
 
$
5,347

 
$
10,682

 
$
70,064

 
$
129,008

(Loss) income per common unit - basic and diluted:
 
 
 
 
 
 
 
 
(Loss) income from continuing operations attributable to the Partnership’s common unitholders
 
$
(0.01
)
 
$
0.01

 
$
0.04

 
$
0.25

Net income attributable to the Partnership’s common unitholders
 
$
0.03

 
$
0.07

 
$
0.46

 
$
0.84

Weighted average common units outstanding - basic
 
153,169

 
153,294

 
153,287

 
153,276

Weighted average common units outstanding - diluted
 
153,169

 
153,647

 
153,516

 
153,434

(1)
Certain reclassifications have been made to quarterly amounts to conform to the full year presentation.