Significant Transactions (Tables)

12 Months Ended

Dec. 31, 2013

Investments in Real Estate and Other Significant Transactions [Abstract]

Real Estate Investment Financial Statements, Disclosure

The portfolio’s assets and liabilities included in other assets in our consolidated balance sheets are summarized below (in thousands).

	December 31,
	2013		2012
Real estate, net	$	120,175	$	125,065
Cash and cash equivalents and restricted cash	29,046		31,558
Investment in unconsolidated real estate partnerships	10,817		15,987
Other assets	3,811		4,146
Total assets	$	163,849	$	176,756
Total indebtedness	$	106,032	$	107,562
Accrued and other liabilities	19,263		29,422
Total liabilities	125,295		136,984
Noncontrolling interests in consolidated real estate partnerships	35,818		57,208
Equity attributable to Aimco and the Aimco Operating Partnership	2,736		(17,436		)
Total liabilities and equity	$	163,849	$	176,756

Statement of Income Related to Legally Sold Portfolio [Table Text Block]

	2013
Revenues	$	23,711
Expenses	(21,188		)
Equity in earnings or loss of unconsolidated entities, gains or losses on dispositions and other, net	(748		)
Net income related to legacy asset management business	1,775
Income tax expense associated with legacy asset management business	(639		)
Noncontrolling interests in consolidated real estate partnerships	21,370
Net income of legacy asset management business attributable to Aimco and the Aimco Operating Partnership	$	22,506

Schedule of Acquisition of Conventional Properties

Summarized information regarding these acquisitions is set forth in the table below (dollars in thousands):

	Year Ended December 31,
	2013		2012
Number of apartment homes	134		614
Acquisition price	$	53,575	$	126,873
Non-recourse property debt assumed (outstanding principal balance)	12,446		38,819
Non-recourse property debt assumed (fair value)	14,767		43,938
Total fair value allocated to real estate	55,896		130,547

Noncontrolling Interests In Consolidated Real Estate Partnerships

	Year Ended December 31,
	2013		2012		2011
Consolidated partnerships in which remaining limited partnership interests were acquired	3		11		12
Number of apartment communities owned by partnerships	5		17		15
Cost of limited partnership interests acquired	$	17,900	$	50,654	$	22,305
Excess of consideration paid over the carrying amount of noncontrolling interests acquired	17,170		44,777		36,260