Earnings per Share/Unit (Tables)

3 Months Ended

Mar. 31, 2015

Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]

Schedule of Earnings Per Share, Basic and Diluted

The following table illustrates Aimco’s calculation of basic and diluted earnings per share for the three months ended March 31, 2015 and 2014 (in thousands, except per share data):

	Three Months Ended
	March 31,
	2015			2014
Numerator:
Income from continuing operations	$	18,457		$	12,040
Gain on dispositions of real estate, net of tax	85,693			69,492
Income from continuing operations and gain on dispositions attributable to noncontrolling interests	(10,890		)	(16,605		)
Income attributable to preferred stockholders	(3,522		)	(454		)
Income attributable to participating securities	(394		)	(239		)
Income from continuing operations attributable to Aimco common stockholders	$	89,344		$	64,234
Net income	$	104,150		$	81,532
Net income attributable to noncontrolling interests	(10,890		)	(16,605		)
Net income attributable to preferred stockholders	(3,522		)	(454		)
Net income attributable to participating securities	(394		)	(239		)
Net income attributable to Aimco common stockholders	$	89,344		$	64,234
Denominator:
Weighted average common shares outstanding – basic	153,821			145,473
Dilutive potential common shares	456			208
Weighted average common shares outstanding – diluted	154,277			145,681
Earnings attributable to Aimco per common share – basic and diluted:
Income from continuing operations	$	0.58		$	0.44
Net income	$	0.58		$	0.44

AIMCO PROPERTIES, L.P [Member]

Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]

Schedule of Earnings Per Share, Basic and Diluted

The following table illustrates the Aimco Operating Partnership’s calculation of basic and diluted earnings per unit for the three months ended March 31, 2015 and 2014 (in thousands, except per unit data):

	Three Months Ended
	March 31,
	2015			2014
Numerator:
Income from continuing operations	$	18,457		$	12,040
Gain on dispositions of real estate, net of tax	85,693			69,492
Income from continuing operations and gain on dispositions attributable to noncontrolling interests	(4,756		)	(11,389		)
Income attributable to the Aimco Operating Partnership’s preferred unitholders	(5,258		)	(2,059		)
Income attributable to participating securities	(394		)	(239		)
Income from continuing operations attributable to the Aimco Operating Partnership’s common unitholders	$	93,742		$	67,845
Net income	$	104,150		$	81,532
Net income attributable to noncontrolling interests	(4,756		)	(11,389		)
Net income attributable to the Aimco Operating Partnership’s preferred unitholders	(5,258		)	(2,059		)
Net income attributable to participating securities	(394		)	(239		)
Net income attributable to the Aimco Operating Partnership’s common unitholders	$	93,742		$	67,845
Denominator:
Weighted average common units outstanding – basic	161,461			153,329
Dilutive potential common units	456			208
Weighted average common units outstanding – diluted	161,917			153,537
Earnings attributable to the Aimco Operating Partnership per common unit – basic and diluted:
Income from continuing operations	$	0.58		$	0.44
Net income	$	0.58		$	0.44