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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income (loss) $ 237,825 $ 195,361 $ (58,164)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 291,910 [1] 325,173 [1] 323,233 [1]
Provision for real estate impairment losses 0 6,235 [1] 0
Equity in (income) losses of unconsolidated real estate partnerships (926) 4,408 17,721
Gain on dispositions of unconsolidated real estate and other, net (1,797) (21,886) (2,403)
Income tax benefit (1,959) (858) (5,941)
Share-based compensation expense 5,645 4,871 5,381
Amortization of deferred loan costs and other 4,915 5,044 5,696
Discontinued operations:      
Depreciation and amortization 16,372 41,577 72,099
Gain on disposition of real estate (212,459) (234,530) (108,203)
Other adjustments to income from discontinued operations 10,019 27,854 27,088
Changes in operating assets and operating liabilities:      
Accounts receivable and other assets 4,592 30,716 8,315
Accounts payable, accrued liabilities and other (28,541) (67,138) (26,003)
Total adjustments 87,771 121,466 316,983
Net cash provided by operating activities 325,596 316,827 258,819
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchases of real estate and investments in unconsolidated real estate partnerships (51,291) (89,716) (64,976)
Capital expenditures (350,338) (270,210) (200,372)
Proceeds from dispositions of real estate 357,314 484,904 326,853
Purchases of interests in unconsolidated real estate and corporate assets (10,863) (7,818) (15,123)
Purchase of investment in debt securities 0 0 (51,534)
Purchase of West Harlem first mortgage property loans (119,101) 0 0
Proceeds from repayment of West Harlem property loans and option value 215,517 0 0
Proceeds from sales of and distributions from unconsolidated real estate partnerships 0 31,192 17,095
Changes in restricted cash 3,003 (22,886) 10,306
Other investing activities 20,951 (13,799) 18,245
Net cash provided by investing activities 65,192 111,667 40,494
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from non-recourse property debt 232,965 243,253 927,093
Principal repayments on non-recourse property debt (472,276) (447,792) (1,083,690)
Net borrowings on revolving credit facility 50,400   0
Proceeds from issuance of common stock or units 0 594,379 71,942
Redemptions and repurchases of preferred stock or units 0 (600,938) (36,367)
Proceeds from Common Stock option exercises 993 48,907 1,806
Payment of dividends to holders of preferred stock or units (2,804) (37,019) (49,756)
Payment of dividends to holders of Common Stock (140,052) (104,006) (57,583)
Payment of distributions to noncontrolling interests (63,766) (57,849) (58,413)
Purchases of noncontrolling interests in consolidated real estate partnerships (16,775) (57,008) (14,811)
Other financing activities (8,135) (17,074) (19,793)
Net cash used in financing activities (419,450) (435,147) (319,572)
NET DECREASE IN CASH AND CASH EQUIVALENTS (28,662) (6,653) (20,259)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 84,413 91,066 111,325
CASH AND CASH EQUIVALENTS AT END OF PERIOD 55,751 84,413 91,066
Supplemental Cash Flow Information [Abstract]      
Interest Paid 273,635 294,423 336,565
Cash paid for income taxes 600 1,100 1,200
Non-cash transactions associated with the acquisition or disposition of real estate:      
Secured debt assumed in connection with our acquisition of real estate 14,767 38,779 0
Secured debt assumed by buyer in connection with our disposition of real estate 126,663 208,134 127,494
Secured, subordinate debt of the disposed legacy asset management business forgiven in connection with the disposition of real estate 8,149 15,019 0
Other non-cash transactions:      
Issuance of common OP Units for acquisition of noncontrolling interests in consolidated real estate partnerships 416 4,553 168
AIMCO PROPERTIES, L.P
     
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income (loss) 237,825 195,361 (56,865)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 291,910 325,173 323,233
Provision for real estate impairment losses 0 6,235 0
Equity in (income) losses of unconsolidated real estate partnerships (926) 4,408 17,721
Gain on dispositions of unconsolidated real estate and other, net (1,797) (21,886) (2,403)
Income tax benefit (1,959) (858) (5,941)
Share-based compensation expense 5,645 4,871 5,381
Amortization of deferred loan costs and other 4,915 5,044 5,696
Discontinued operations:      
Depreciation and amortization 16,372 41,577 72,099
Gain on disposition of real estate (212,459) (234,530) (108,203)
Other adjustments to income from discontinued operations 10,019 27,854 27,088
Changes in operating assets and operating liabilities:      
Accounts receivable and other assets 4,592 30,716 7,016
Accounts payable, accrued liabilities and other (28,541) (67,138) (26,003)
Total adjustments 87,771 121,466 315,684
Net cash provided by operating activities 325,596 316,827 258,819
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchases of real estate and investments in unconsolidated real estate partnerships (51,291) (89,716) (64,976)
Capital expenditures (350,338) (270,210) (200,372)
Proceeds from dispositions of real estate 357,314 484,904 326,853
Purchases of interests in unconsolidated real estate and corporate assets (10,863) (7,818) (15,123)
Purchase of investment in debt securities 0 0 (51,534)
Purchase of West Harlem first mortgage property loans (119,101) 0 0
Proceeds from repayment of West Harlem property loans and option value 215,517 0 0
Proceeds from sales of and distributions from unconsolidated real estate partnerships 0 31,192 17,095
Changes in restricted cash 3,003 (22,886) 10,306
Repayment of notes receivable from Aimco 0 0 18,798
Other investing activities 20,951 (13,799) 18,245
Net cash provided by investing activities 65,192 111,667 59,292
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from non-recourse property debt 232,965 243,253 927,093
Principal repayments on non-recourse property debt (472,276) (447,792) (1,083,690)
Net borrowings on revolving credit facility 50,400 0 0
Proceeds from issuance of common stock or units 0 594,379 71,942
Redemptions and repurchases of preferred stock or units 0 (600,938) (36,367)
Proceeds from Common Stock option exercises 993 48,907 1,806
Payment of dividends to holders of preferred stock or units (9,227) (43,515) (56,439)
Payment of distributions to General Partner and Special Limited Partner (140,052) (104,006) (76,381)
Payment of distributions to Limited Partners (7,642) (6,153) (5,264)
Payment of distributions to noncontrolling interests (49,701) (45,200) (46,466)
Purchases of noncontrolling interests in consolidated real estate partnerships (16,775) (57,008) (14,811)
Other financing activities (8,135) (17,074) (19,793)
Net cash used in financing activities (419,450) (435,147) (338,370)
NET DECREASE IN CASH AND CASH EQUIVALENTS (28,662) (6,653) (20,259)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 84,413 91,066 111,325
CASH AND CASH EQUIVALENTS AT END OF PERIOD 55,751 84,413 91,066
Supplemental Cash Flow Information [Abstract]      
Interest Paid 273,635 294,423 336,565
Cash paid for income taxes 629 1,056 1,233
Non-cash transactions associated with the acquisition or disposition of real estate:      
Secured debt assumed in connection with our acquisition of real estate 14,767 38,779 0
Secured debt assumed by buyer in connection with our disposition of real estate 126,663 208,134 127,494
Secured, subordinate debt of the disposed legacy asset management business forgiven in connection with the disposition of real estate 8,149 15,019 0
Other non-cash transactions:      
Issuance of common OP Units for acquisition of noncontrolling interests in consolidated real estate partnerships $ 416 $ 4,553 $ 168
[1] Proportionate property net operating income, our key measurement of segment profit or loss, excludes property management revenues (which are included in rental and other property revenues), property management expenses and casualty gains and losses (which are included in property operating expenses), depreciation and amortization and provision for real estate impairment losses. Accordingly, we do not allocate these amounts to our segments.