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

6 Months Ended

Jun. 30, 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 June 30, 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	(3,472		)
Other	5
Net income	3,472
Balance, June 30, 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 June 30, 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	366,580			—			—			366,580
Repurchase of preferred stock	(27,000		)	—			—			(27,000		)
Preferred stock dividends	(5,585		)	—			—			(5,585		)
Common dividends and distributions	(90,641		)	(33,043		)	(4,425		)	(128,109		)
Redemptions of common OP Units	—			—			(1,444		)	(1,444		)
Amortization of stock-based compensation cost	4,459			—			—			4,459
Effect of changes in ownership for consolidated entities	(2,956		)	—			1,523			(1,433		)
Change in accumulated other comprehensive loss	(945		)	46			(46		)	(945		)
Other	134			(43		)	—			91
Net income	157,129			4,867			7,370			169,366
Balance, June 30, 2015	$	1,628,910		$	205,123		$	(15,948	)	$	1,818,085

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	366,580
Repurchase of Preferred Units from Aimco	(27,000		)
Distributions to preferred units held by Aimco	(5,585		)
Distributions to common units held by Aimco	(90,641		)
Distributions to common units held by Limited Partners	(4,425		)
Redemption of common OP Units	(1,444		)
Amortization of Aimco stock-based compensation cost	4,459
Effect of changes in ownership for consolidated entities	(1,433		)
Change in accumulated other comprehensive loss	(991		)
Other	134
Net income	164,499
Balance, June 30, 2015	$	1,612,962