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Earnings per Share/Unit (Details Textual) (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Earnings Per Share [Abstract]    
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements (in shares) 1.9us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements  
Participating securities outstanding (in shares) 0.8aiv_NonvestedRestrictedSharesOfCommonStockWithNonForfeitableDividendRights 0.5aiv_NonvestedRestrictedSharesOfCommonStockWithNonForfeitableDividendRights
Preferred OP Units, Distributions, Low Range 1.90%aiv_PreferredOpUnitsDistributionsLowRange  
Preferred OP Units, Distributions, High Range 8.80%aiv_PreferredOpUnitsDistributionsHighRange  
Preferred OP Units Outstanding (in shares) 3.3us-gaap_PreferredUnitsOutstanding  
Preferred noncontrolling interests in Aimco Operating Partnership $ 87.9us-gaap_MinorityInterestInPreferredUnitHolders  
Number of Shares of Common Stock Required to Redeem Preferred OP Units Tendered for Redemption, if Parent Chooses to Redeem in Shares Rather than Cash (in shares) 2.2aiv_NumberofSharesofCommonStockRequiredtoRedeemPreferredOPUnitsTenderedforRedemptionifParentChoosestoRedeeminSharesRatherthanCash