Basis of Presentation and Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2012

Organization/Basis of Presentation and Summary of Significant Accounting Policies [Abstract]

Reconciliation of our consolidated temporary equity accounts

Balance, December 31, 2011	$	83,384
Preferred distributions		(1,670	)
Redemption of preferred units		(19	)
Net income		1,670
Balance, March 31, 2012	$	83,365

Reconciliation of our consolidated permanent equity accounts

	Aimco Equity			Noncontrolling interests in consolidated real estate partnerships			Common noncontrolling interests in Aimco Operating Partnership			Total Equity
Balance, December 31, 2011	$	908,329		$	270,666		$	(34,321	)	$	1,144,674
Contributions		—			665			—			665
Issuance of preferred stock		9,836			—			—			9,836
Preferred stock dividends		(12,439	)		—			—			(12,439	)
Common dividends and distributions		(21,806	)		(12,592	)		(1,463	)		(35,861	)
Redemptions of common units		—			—			(3,283	)		(3,283	)
Amortization of stock based compensation cost		1,912			—			—			1,912
Stock option exercises		1,854			—			—			1,854
Effect of changes in ownership for consolidated entities (Note 4)		(30,517	)		(10,152	)		2,203			(38,466	)
Change in accumulated other comprehensive loss		2,669			14			181			2,864
Other		232			—			(57	)		175
Net loss		1,949			7,765			(737	)		8,977
Balance, March 31, 2012	$	862,019		$	256,366		$	(37,477	)	$	1,080,908

	Partners’ capital attributable to the Partnership
Balance, December 31, 2011	$	874,008
Issuance of preferred units to Aimco		9,836
Preferred unit distributions		(12,439	)
Common distributions		(23,269	)
Redemption of common units		(3,283	)
Amortization of Aimco stock based compensation cost		1,912
Common OP Units issued to Aimco in connection with Aimco stock option exercises		1,854
Effect of changes in ownership for consolidated entities (Note 4)		(28,314	)
Change in accumulated other comprehensive loss		2,850
Other		175
Net loss		1,212
Balance, March 31, 2012	$	824,542