Basis of Presentation and Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2015

Schedule of Equity [Line Items]

Reconciliation of consolidated temporary equity accounts

The following table presents a reconciliation of the Aimco Operating Partnership’s Preferred OP Units from December 31, 2014 to March 31, 2015 (in thousands). These amounts are presented within temporary equity in Aimco’s condensed consolidated balance sheets as preferred noncontrolling interests in the Aimco Operating Partnership, and within temporary capital in the Aimco Operating Partnership’s condensed consolidated balance sheets as redeemable preferred units.

Balance, December 31, 2014	$	87,937
Distributions to preferred unitholders	(1,736		)
Other	5
Net income	1,736
Balance, March 31, 2015	$	87,942

Reconciliation of consolidated permanent equity accounts

The following table presents a reconciliation of Aimco’s consolidated permanent equity accounts from December 31, 2014 to March 31, 2015 (in thousands):

	Aimco Equity			Noncontrolling interests in consolidated real estate partnerships			Common noncontrolling interests in Aimco Operating Partnership			Total Equity
Balance, December 31, 2014	$	1,227,735		$	233,296		$	(18,926	)	$	1,442,105
Issuance of Common Stock	366,585			—			—			366,585
Repurchase of preferred stock	(27,000		)	—			—			(27,000		)
Preferred stock dividends	(2,827		)	—			—			(2,827		)
Common dividends and distributions	(43,758		)	(2,302		)	(2,139		)	(48,199		)
Redemptions of common OP Units	—			—			(620		)	(620		)
Amortization of stock-based compensation cost	2,709			—			—			2,709
Effect of changes in ownership for consolidated entities	(663		)	—			663			—
Change in accumulated other comprehensive loss	(553		)	—			(27		)	(580		)
Other	39			—			—			39
Net income	93,260			4,756			4,398			102,414
Balance, March 31, 2015	$	1,615,527		$	235,750		$	(16,651	)	$	1,834,626

AIMCO PROPERTIES, L.P [Member]

Schedule of Equity [Line Items]

Reconciliation of consolidated permanent equity accounts

	Partners’ capital  attributable to the Partnership
Balance, December 31, 2014	$	1,208,809
Issuance of common partnership units to Aimco	366,585
Repurchase of Preferred Units from Aimco	(27,000		)
Distributions to preferred units held by Aimco	(2,827		)
Distributions to common units held by Aimco	(43,758		)
Distributions to common units held by Limited Partners	(2,139		)
Redemption of common OP Units	(620		)
Amortization of Aimco stock-based compensation cost	2,709
Change in accumulated other comprehensive loss	(580		)
Other	39
Net income	97,658
Balance, March 31, 2015	$	1,598,876