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Condensed Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
REVENUES    
Rental and other property revenues $ 240,136 $ 230,252
Tax credit and asset management revenues 8,788 7,252
Total revenues 248,924 237,504
OPERATING EXPENSES    
Property operating expenses 99,270 93,868
Investment management expenses 1,252 1,433
Depreciation and amortization 70,307 75,716
General and administrative expenses 10,532 11,779
Other expense, net 2,390 2,069
Total operating expenses 183,751 184,865
Operating income 65,173 52,639
Interest income, net 1,729 6,414
Interest expense (55,641) (58,345)
Other, net (1,979) (2,266)
Income (loss) before income taxes, discontinued operations and gain on dispositions 9,282 (1,558)
Income tax benefit (expense) 2,758 (105)
Income (loss) from continuing operations 12,040 (1,663)
Income from discontinued operations, net 0 4,496
Gain on dispositions of real estate, net of tax 69,492 0
Net income 81,532 2,833
Noncontrolling interests:    
Net (income) loss attributable to noncontrolling interests in consolidated real estate partnerships (11,389) 4,962
Net income attributable to preferred noncontrolling interests in Aimco Operating Partnership (1,605) (1,606)
Net income attributable to common noncontrolling interests in Aimco Operating Partnership (3,611) (297)
Net (income) loss attributable to noncontrolling interests (16,605) 3,059
Net income attributable to the company 64,927 5,892
Net income attributable to the company's preferred equityholders (454) (702)
Net income attributable to participating securities (239) (140)
Net income attributable to the company's common equityholders 64,234 5,050
Earnings (loss) attributable to the company per common share/unit – basic and diluted (Note 7):    
Income (loss) from continuing operations attributable to the company's common equityholders (In dollars per share/unit) $ 0.44 $ (0.01)
Income from discontinued operations attributable to the company's common equityholders (In dollars per share/unit) $ 0.00 $ 0.04
Net income attributable to the company's common equityholders (In dollars per share/unit) $ 0.44 $ 0.03
Weighted average common shares/units outstanding - basic 145,473 145,169
Weighted average common shares/units outstanding - diluted 145,681 145,169
Dividends declared per common share/unit (In dollars per share/unit) $ 0.26 $ 0.24
AIMCO PROPERTIES, L.P
   
REVENUES    
Rental and other property revenues 240,136 230,252
Tax credit and asset management revenues 8,788 7,252
Total revenues 248,924 237,504
OPERATING EXPENSES    
Property operating expenses 99,270 93,868
Investment management expenses 1,252 1,433
Depreciation and amortization 70,307 75,716
General and administrative expenses 10,532 11,779
Other expense, net 2,390 2,069
Total operating expenses 183,751 184,865
Operating income 65,173 52,639
Interest income, net 1,729 6,414
Interest expense (55,641) (58,345)
Other, net (1,979) (2,266)
Income (loss) before income taxes, discontinued operations and gain on dispositions 9,282 (1,558)
Income tax benefit (expense) 2,758 (105)
Income (loss) from continuing operations 12,040 (1,663)
Income from discontinued operations, net 0 4,496
Gain on dispositions of real estate, net of tax 69,492 0
Net income 81,532 2,833
Noncontrolling interests:    
Net (income) loss attributable to noncontrolling interests in consolidated real estate partnerships (11,389) 4,962
Net (income) loss attributable to noncontrolling interests (11,389) 4,962
Net income attributable to the company 70,143 7,795
Net income attributable to the company's preferred equityholders (2,059) (2,308)
Net income attributable to participating securities (239) (140)
Net income attributable to the company's common equityholders $ 67,845 $ 5,347
Earnings (loss) attributable to the company per common share/unit – basic and diluted (Note 7):    
Income (loss) from continuing operations attributable to the company's common equityholders (In dollars per share/unit) $ 0.44 $ (0.01)
Income from discontinued operations attributable to the company's common equityholders (In dollars per share/unit) $ 0.00 $ 0.04
Net income attributable to the company's common equityholders (In dollars per share/unit) $ 0.44 $ 0.03
Weighted average common shares/units outstanding - basic 153,329 153,169
Weighted average common shares/units outstanding - diluted 153,537 153,169
Dividends declared per common share/unit (In dollars per share/unit) $ 0.26 $ 0.24