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Other Significant Transactions (Tables)
 6 Months Ended
Jun. 30, 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):
 
June 30, 2015
 
December 31, 2014
Real estate, net
$
113,395

 
$
117,851

Cash and cash equivalents
31,128

 
23,133

Investment in unconsolidated real estate partnerships
1,095

 
8,392

Other assets
19,448

 
11,759

Total assets
$
165,066

 
$
161,135

 
 
 
 
Total indebtedness
$
110,850

 
$
113,641

Accrued and other liabilities
10,390

 
4,417

Total liabilities
$
121,240

 
$
118,058

 
 
 
 
Noncontrolling interests in consolidated real estate partnerships
39,948

 
44,106

Equity attributable to Aimco and the Aimco Operating Partnership
3,878

 
(1,029
)
Total liabilities and equity
$
165,066

 
$
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
 
Six Months Ended
 
June 30,
 
June 30,
 
2015
 
2014
 
2015
 
2014
Revenues
$
6,467

 
$
5,675

 
$
12,934

 
$
11,350

Expenses
(5,067
)
 
(5,677
)
 
(10,477
)
 
(10,878
)
Equity in loss of unconsolidated entities, gains or losses on dispositions and other, net
(885
)
 
41

 
195

 
(1,953
)
Net income (loss) related to legacy asset management business
515

 
39

 
2,652

 
(1,481
)
Income tax (expense) benefit associated with legacy asset management business
(1,005
)
 
240

 
(2,024
)
 
349

Loss (income) allocated to noncontrolling interests in consolidated real estate partnerships
2,105

 
(711
)
 
2,511

 
188

Net income (losses) of legacy asset management business attributable to Aimco and the Aimco Operating Partnership
$
1,615

 
$
(432
)
 
$
3,139

 
$
(944
)