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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands
Sep. 30, 2011
Dec. 31, 2010
ASSETS  
Buildings and improvements$ 6,959,172$ 6,979,467
Land2,097,1372,084,987
Total real estate9,056,3099,064,454
Less accumulated depreciation(2,876,894)(2,766,897)
Net real estate ($805,411 and $846,081 related to VIEs)6,179,4156,297,557
Cash and cash equivalents ($42,644 and $34,808 related to VIEs)75,831111,325
Restricted cash ($51,694 and $55,076 related to VIEs)209,481200,025
Accounts receivable, net40,84849,855
Deferred financing costs, net46,67046,454
Notes receivable , net114,630116,726
Investment in unconsolidated real estate partnerships ($39,043 and $54,374 related to VIEs)63,94259,282
Other assets250,296199,886
Deferred income tax assets, net61,58958,736
Assets held for sale0238,720
Total assets7,042,7027,378,566
LIABILITIES AND EQUITY  
Non-recourse property debt ($641,847 and $637,967 related to VIEs)5,233,5255,291,612
Revolving credit facility borrowings26,2000
Total indebtedness5,259,7255,291,612
Accounts payable24,99927,322
Accrued liabilities and other ($81,901 and $94,656 related to VIEs)278,606297,121
Deferred income150,357150,453
Security deposits34,51633,829
Liabilities related to assets held for sale0168,029
Total liabilities5,748,2035,968,366
Preferred noncontrolling interests in Aimco Operating Partnership83,38583,428
Preferred stock subject to repurchase agreement10,00020,000
Commitments and contingencies (Note 8)  
Equity:  
Perpetual Preferred Stock656,015657,601
Class A Common Stock, $0.01 par value, 480,887,260 and 422,157,736 shares authorized, 120,916,144 and 117,642,872 shares issued and outstanding at September 30, 2011 and December 31, 2010, respectively1,2091,176
Additional paid-in capital3,106,0793,070,296
Accumulated other comprehensive loss(8,312)(2,076)
Distributions in excess of earnings(2,803,679)(2,680,955)
Total Aimco equity951,3121,046,042
Noncontrolling interests in consolidated real estate partnerships279,997291,458
Common noncontrolling interests in Aimco Operating Partnership(30,195)(30,728)
Total equity1,201,1141,306,772
Total liabilities and equity$ 7,042,702$ 7,378,566