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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 310,652 $ 89,222
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 211,143 221,588
Gain on dispositions of real estate, net of tax (262,483) 0
Provision for real estate impairment losses 1,413 0
Discontinued operations 0 (63,424)
Other adjustments (1,209) 11,443
Net changes in operating assets and operating liabilities (26,127) (10,706)
Net cash provided by operating activities 233,389 248,123
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of real estate (132,463) (50,727)
Capital expenditures (277,214) (275,116)
Proceeds from dispositions of real estate 564,687 120,736
Purchases of corporate assets (6,405) (8,618)
Purchase of property loans 0 (119,101)
Change in restricted cash (33,784) 17,802
Other investing activities 854 15,865
Net cash provided by (used in) investing activities 115,675 (299,159)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from non-recourse property debt 83,130 187,642
Principal repayments on non-recourse property debt (376,713) (295,725)
Net (repayments) borrowings on revolving credit facility (35,950) 298,550
Proceeds from issuance of preferred stock or units 123,620 0
Repurchase of preferred stock or units (9,516) 0
Proceeds from Common Stock option exercises 587 993
Payment of dividends to holders of preferred stock or units (3,481) (2,104)
Payment of dividends to holders of Common Stock (113,988) (105,033)
Payment of distributions to noncontrolling interests (42,969) (33,835)
Other financing activities (349) (16,243)
Net cash (used in) provided by financing activities (375,629) 34,245
NET DECREASE IN CASH AND CASH EQUIVALENTS (26,565) (16,791)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 55,751 84,413
CASH AND CASH EQUIVALENTS AT END OF PERIOD 29,186 67,622
AIMCO PROPERTIES, L.P
   
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income 310,652 89,222
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 211,143 221,588
Gain on dispositions of real estate, net of tax (262,483) 0
Provision for real estate impairment losses 1,413 0
Discontinued operations 0 (63,424)
Other adjustments (1,209) 11,443
Net changes in operating assets and operating liabilities (26,127) (10,706)
Net cash provided by operating activities 233,389 248,123
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of real estate (132,463) (50,727)
Capital expenditures (277,214) (275,116)
Proceeds from dispositions of real estate 564,687 120,736
Purchases of corporate assets (6,405) (8,618)
Purchase of property loans   (119,101)
Change in restricted cash (33,784) 17,802
Other investing activities 854 15,865
Net cash provided by (used in) investing activities 115,675 (299,159)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from non-recourse property debt 83,130 187,642
Principal repayments on non-recourse property debt (376,713) (295,725)
Net (repayments) borrowings on revolving credit facility (35,950) 298,550
Proceeds from issuance of preferred stock or units 123,620 0
Repurchase of preferred stock or units (9,516) 0
Proceeds from Common Stock option exercises 587 993
Payment of dividends to holders of preferred stock or units (8,289) (6,922)
Payment of distributions to General Partner and Special Limited Partner (113,988) (105,033)
Payment of distributions to Limited Partners (6,020) (5,738)
Payment of distributions to noncontrolling interests (32,141) (23,279)
Other financing activities (349) (16,243)
Net cash (used in) provided by financing activities (375,629) 34,245
NET DECREASE IN CASH AND CASH EQUIVALENTS (26,565) (16,791)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 55,751 84,413
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 29,186 $ 67,622