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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ (7,196) $ (5,753)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 19,468 16,271
Realized and unrealized (gains) losses on interest rate options (1,672) 1,057
Realized and unrealized (gains) losses on equity investments 271 (137)
Income tax expense (benefit) (2,730) (4,196)
Share-based compensation 1,666 4,519
Amortization of debt issuance costs and other 3,339 936
Changes in operating assets and operating liabilities:    
Operating assets, net (3,568) 2,238
Operating liabilities, net 12,446 (9,162)
Total adjustments 28,908 11,352
Net cash provided by operating activities 21,712 5,599
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures [1] (40,936) (64,814)
Other investing activities (153) 1,580
Net cash used in investing activities (41,089) (63,234)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from non-recourse construction loans 28,982 35,491
Principal repayments on non-recourse property debt (784) (779)
Proceeds from interest rate options 1,847 803
Payments on finance leases (175) (796)
Common stock repurchased (6,555) (14,522)
Payments related to withholding taxes for share-based compensation (567)  
Distributions to redeemable noncontrolling interests (2,034) (3,095)
Contributions from noncontrolling interests 485 50
Distributions to noncontrolling interests (401) (287)
Contributions from redeemable noncontrolling interests   124
Redemption of OP Units held by third parties (285) (254)
Other financing activities   (232)
Net cash provided by financing activities 20,513 16,503
NET DECREASE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH 1,136 (41,132)
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AT BEGINNING OF PERIOD 139,267 229,766
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD 140,403 188,634
Aimco OP L.P. [Member]    
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) (7,196) (5,753)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 19,468 16,271
Realized and unrealized (gains) losses on interest rate options (1,672) 1,057
Realized and unrealized (gains) losses on equity investments 271 (137)
Income tax expense (benefit) (2,730) (4,196)
Share-based compensation 1,666 4,519
Amortization of debt issuance costs and other 3,339 936
Changes in operating assets and operating liabilities:    
Operating assets, net (3,568) 2,238
Operating liabilities, net 12,446 (9,162)
Total adjustments 28,908 11,352
Net cash provided by operating activities 21,712 5,599
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures [2] (40,936) (64,814)
Other investing activities (153) 1,580
Net cash used in investing activities (41,089) (63,234)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from non-recourse construction loans 28,982 35,491
Principal repayments on non-recourse property debt (784) (779)
Proceeds from interest rate options 1,847 803
Payments on finance leases (175) (796)
Common stock repurchased (6,555) (14,522)
Payments related to withholding taxes for share-based compensation (567)  
Distributions to redeemable noncontrolling interests (2,034) (3,095)
Contributions from noncontrolling interests 485 50
Distributions to noncontrolling interests (401) (287)
Contributions from redeemable noncontrolling interests   124
Redemption of OP Units held by third parties (285) (254)
Other financing activities   (232)
Net cash provided by financing activities 20,513 16,503
NET DECREASE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH 1,136 (41,132)
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AT BEGINNING OF PERIOD 139,267 229,766
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD 140,403 188,634
Unconsolidated Real Estate Partnerships [Member]    
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Income from unconsolidated real estate partnerships (312) (174)
Unconsolidated Real Estate Partnerships [Member] | Aimco OP L.P. [Member]    
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Income from unconsolidated real estate partnerships $ (312) $ (174)
[1] Accrued capital expenditures were $39.8 million and $43.8 million as of March 31, 2024 and 2023, respectively.
[2] Accrued capital expenditures were $39.8 million and $43.8 million as of March 31, 2024 and 2023, respectively.