Other Significant Transactions (Tables)

3 Months Ended

Mar. 31, 2015

Other Significant Transactions [Abstract]

Schedule of Financial Position Related to Legally Sold Portfolio

The portfolio’s assets and liabilities included in our condensed consolidated balance sheets are summarized below (in thousands):

	March 31, 2015		December 31, 2014
Real estate, net	$	116,286	$	117,851
Cash and cash equivalents	31,714		23,133
Investment in unconsolidated real estate partnerships	1,854		8,392
Other assets	18,704		11,759
Total assets	$	168,558	$	161,135
Total indebtedness	$	113,233	$	113,641
Accrued and other liabilities	10,576		4,417
Total liabilities	$	123,809	$	118,058
Noncontrolling interests in consolidated real estate partnerships	43,685		44,106
Equity attributable to Aimco and the Aimco Operating Partnership	1,064		(1,029		)
Total liabilities and equity	$	168,558	$	161,135

Statement of Income Related to Legally Sold Portfolio

Summarized information regarding the Napico portfolio’s results of operations, including any expense we recognize under the profit sharing method, is shown below in thousands. The net income (loss) related to Napico (before income taxes and noncontrolling interests) is included in other, net in our condensed consolidated statements of operations.

	Three Months Ended
	March 31,
	2015			2014
Revenues	$	6,467		$	5,675
Expenses	(5,410		)	(5,201		)
Equity in loss of unconsolidated entities, gains or losses on dispositions and other, net	1,079			(1,994		)
Net income (loss) related to legacy asset management business	2,136			(1,520		)
Income tax (expense) benefit associated with legacy asset management business	(1,019		)	70
Loss allocated to noncontrolling interests in consolidated real estate partnerships	406			899
Net income (losses) of legacy asset management business attributable to Aimco and the Aimco Operating Partnership	$	1,523		$	(551	)