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Other Significant Transactions (Tables)
 9 Months Ended
Sep. 30, 2015
Other Significant Transactions [Abstract]  
Schedule of Financial Position Related to Legally Sold Portfolio
The portfolio’s assets and liabilities included in our condensed consolidated balance sheets are summarized below (in thousands):
 
September 30, 2015
 
December 31, 2014
Real estate, net
$
107,407

 
$
117,851

Cash and cash equivalents
33,715

 
23,133

Investment in unconsolidated real estate partnerships
766

 
8,392

Other assets
16,419

 
11,759

Total assets
$
158,307

 
$
161,135

 
 
 
 
Total indebtedness
$
143,987

 
$
113,641

Accrued and other liabilities
9,299

 
4,417

Total liabilities
$
153,286

 
$
118,058

 
 
 
 
Noncontrolling interests in consolidated real estate partnerships
697

 
44,106

Equity attributable to Aimco and the Aimco Operating Partnership
4,324

 
(1,029
)
Total liabilities and equity
$
158,307

 
$
161,135
Statement of Income Related to Legally Sold Portfolio
Summarized information regarding the Napico portfolio’s results of operations, including any expense we recognize under the profit sharing method, is shown below in thousands. The net income (loss) related to Napico (before income taxes and noncontrolling interests) is included in other, net in our condensed consolidated statements of operations.
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
 
2015
 
2014
 
2015
 
2014
Revenues
$
6,120

 
$
9,884

 
$
19,054

 
$
21,234

Expenses
(5,399
)
 
(5,114
)
 
(15,876
)
 
(15,992
)
Equity in loss of unconsolidated entities, gains or losses on dispositions and other, net
(2,614
)
 
(3,246
)
 
(2,420
)
 
(5,198
)
Net (loss) income related to legacy asset management business
(1,893
)
 
1,524

 
758

 
44

Income tax benefit (expense) associated with legacy asset management business
108

 
101

 
(1,916
)
 
411

Loss (income) allocated to noncontrolling interests in consolidated real estate partnerships
2,161

 
(1,768
)
 
4,672

 
(1,580
)
Net income (losses) of legacy asset management business attributable to Aimco and the Aimco Operating Partnership
$
376

 
$
(143
)
 
$
3,514

 
$
(1,125
)