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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 172,838 $ 166,137
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 149,582 141,706
Gain on dispositions of real estate, net of tax (130,474) (136,154)
Other adjustments (11,252) 1,549
Net changes in operating assets and operating liabilities (23,390) (28,959)
Net cash provided by operating activities 157,304 144,279
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of real estate (141,264) (13,981)
Capital expenditures (173,075) (182,424)
Proceeds from dispositions of real estate 227,911 238,855
Purchases of corporate assets (3,352) (4,130)
Change in restricted cash 2,692 (96,186)
Other investing activities 3,240 (3,447)
Net cash used in investing activities (83,848) (61,313)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from non-recourse property debt 197,646 62,974
Principal repayments on non-recourse property debt (390,234) (178,739)
Net (repayments) borrowings on revolving credit facility (64,810) 3,000
Proceeds from issuance of preferred securities 0 123,658
Proceeds from issuance of common securities 366,580 0
Redemption and repurchase of preferred securities (27,000) (9,500)
Payment of dividends to holders of preferred securities (5,585) (1,355)
Payment of dividends to holders of Common Stock (90,473) (76,004)
Payment of distributions to noncontrolling interests (39,286) (32,107)
Other financing activities (2,430) 3,182
Net cash used in financing activities (55,592) (104,891)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 17,864 (21,925)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 28,971 55,751
CASH AND CASH EQUIVALENTS AT END OF PERIOD 46,835 33,826
AIMCO PROPERTIES, L.P [Member]    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income 172,838 166,137
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 149,582 141,706
Gain on dispositions of real estate, net of tax (130,474) (136,154)
Other adjustments (11,252) 1,549
Net changes in operating assets and operating liabilities (23,390) (28,959)
Net cash provided by operating activities 157,304 144,279
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of real estate (141,264) (13,981)
Capital expenditures (173,075) (182,424)
Proceeds from dispositions of real estate 227,911 238,855
Purchases of corporate assets (3,352) (4,130)
Change in restricted cash 2,692 (96,186)
Other investing activities 3,240 (3,447)
Net cash used in investing activities (83,848) (61,313)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from non-recourse property debt 197,646 62,974
Principal repayments on non-recourse property debt (390,234) (178,739)
Net (repayments) borrowings on revolving credit facility (64,810) 3,000
Proceeds from issuance of preferred securities 0 123,658
Proceeds from issuance of common securities 366,580 0
Redemption and repurchase of preferred securities (27,000) (9,500)
Payment of dividends to holders of preferred securities (9,057) (4,562)
Payment of distributions to General Partner and Special Limited Partner (90,473) (76,004)
Payment of distributions to Limited Partners (4,425) (4,026)
Payment of distributions to noncontrolling interests (31,389) (24,874)
Other financing activities (2,430) 3,182
Net cash used in financing activities (55,592) (104,891)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 17,864 (21,925)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 28,971 55,751
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 46,835 $ 33,826