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Assets Held for Sale and Discontinued Operations (Tables)
12 Months Ended
Dec. 31, 2013
Discontinued Operations and Disposal Groups [Abstract]  
Amounts classified as held for sale in consolidated balance sheets
Amounts classified as held for sale in the accompanying consolidated balance sheets as of December 31, 2012, are as follows (in thousands):
 
December 31,
2012
Real estate, net
$
279,653

Other assets
10,093

Assets held for sale
$
289,746

 
 
Non-recourse property debt
$
278,538

Other liabilities
2,900

Liabilities related to assets held for sale
$
281,438

Summary of discontinued operations
The following is a summary of the components of income from discontinued operations and the related amounts of income from discontinued operations attributable to Aimco, the Aimco Operating Partnership and noncontrolling interests for the years ended December 31, 2013, 2012 and 2011 (in thousands):
 
2013
 
2012
 
2011
Rental and other property revenues
$
62,152

 
$
140,634

 
$
226,623

Property operating expenses
(30,695
)
 
(62,781
)
 
(111,549
)
Depreciation and amortization
(16,372
)
 
(41,577
)
 
(72,099
)
Recovery of (provision for) real estate impairment losses
16

 
(17,452
)
 
(20,246
)
Operating income
15,101

 
18,824

 
22,729

Interest income
343

 
568

 
1,561

Interest expense
(13,346
)
 
(29,972
)
 
(49,030
)
Income (loss) before gain on dispositions of real estate and income tax
2,098

 
(10,580
)
 
(24,740
)
Gain on dispositions of real estate
212,459

 
234,530

 
108,203

Income tax expense
(11,328
)
 
(9,833
)
 
(5,390
)
Income from discontinued operations, net
$
203,229

 
$
214,117

 
$
78,073

Income from discontinued operations attributable to noncontrolling interests in consolidated real estate partnerships
(31,842
)
 
(41,633
)
 
(32,231
)
Income from discontinued operations attributable to the Aimco Operating Partnership
$
171,387

 
$
172,484

 
45,842

Income from discontinued operations attributable to noncontrolling interests in Aimco Operating Partnership
(9,248
)
 
(10,238
)
 
(3,147
)
Income from discontinued operations attributable to Aimco
$
162,139

 
$
162,246

 
$
42,695