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

3 Months Ended

Mar. 31, 2016

Reconciliation of consolidated temporary equity accounts

The following table presents a reconciliation of the Aimco Operating Partnership’s Preferred OP Units from December 31, 2015 to March 31, 2016. 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 (in thousands).



Balance, December 31, 2015	$	87,926
Distributions to preferred unitholders	(1,726		)
Redemption of preferred units and other	(1,725		)
Net income	1,726
Balance, March 31, 2016	$	86,201

Reconciliation of consolidated permanent equity accounts

The following table presents a reconciliation of Aimco’s consolidated permanent equity accounts from December 31, 2015 to March 31, 2016 (in thousands):



	Aimco Equity			Noncontrolling interests in consolidated real estate partnerships			Common noncontrolling interests in Aimco Operating Partnership			Total Equity
Balance, December 31, 2015	$	1,622,391		$	151,365		$	(9,851	)	$	1,763,905
Preferred stock dividends	(2,757		)	—			—			(2,757		)
Common dividends and distributions	(51,678		)	(9,592		)	(2,592		)	(63,862		)
Redemptions of common OP Units	—			—			(142		)	(142		)
Amortization of stock-based compensation cost	2,879			—			—			2,879
Stock option exercises	174			—			—			174
Effect of changes in ownership for consolidated entities	(293		)	—			293			—
Change in accumulated other comprehensive loss	5,609			39			281			5,929
Other	780			—			—			780
Net income	26,057			930			1,172			28,159
Balance, March 31, 2016	$	1,603,162		$	142,742		$	(10,839	)	$	1,735,065

AIMCO PROPERTIES, L.P [Member]

Schedule of Equity [Line Items]

Reconciliation of consolidated permanent equity accounts



	Partners’ capital attributable to the Aimco Operating Partnership
Balance, December 31, 2015	$	1,612,540
Distributions to preferred units held by Aimco	(2,757		)
Distributions to common units held by Aimco	(51,678		)
Distributions to common units held by Limited Partners	(2,592		)
Redemption of common OP Units	(142		)
Amortization of Aimco stock-based compensation cost	2,879
Common OP Units issued to Aimco in connection with Aimco stock option exercises	174
Change in accumulated other comprehensive loss	5,890
Other	780
Net income	27,229
Balance, March 31, 2016	$	1,592,323