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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
REVENUES        
Rental and other property revenues $ 227,703 $ 223,741 $ 452,931 $ 446,332
Tax credit and transaction revenues 2,856 8,347 5,547 13,105
Total revenues 249,092 251,218 495,573 497,457
OPERATING EXPENSES        
Property operating expenses 79,014 79,708 158,640 159,180
Depreciation and amortization 89,155 80,680 176,323 160,508
General and administrative expenses 10,108 11,616 21,071 23,914
Other expenses, net 2,727 5,526 4,465 7,096
Total operating expenses 189,386 186,782 378,078 369,487
Operating income 59,706 64,436 117,495 127,970
Interest income 2,012 1,843 4,204 3,678
Interest expense (46,858) (48,894) (94,740) (96,528)
Other, net 200 4,906 665 4,983
Income before income taxes and gain on dispositions 15,060 22,291 27,624 40,103
Income tax benefit 5,023 7,121 10,008 13,007
Income before gain on dispositions 20,083 29,412 37,632 53,110
Gain on dispositions of real estate, net of tax 1,508 216,541 1,114 222,728
Net income 21,591 245,953 38,746 275,838
Noncontrolling interests:        
Net income attributable to noncontrolling interests in consolidated real estate partnerships (813) (8,677) (1,764) (9,607)
Net income attributable to preferred noncontrolling interests in Aimco Operating Partnership (1,939) (1,708) (3,888) (3,434)
Net income attributable to common noncontrolling interests in Aimco Operating Partnership (787) (11,135) (1,344) (12,307)
Net income attributable to noncontrolling interests (3,539) (21,520) (6,996) (25,348)
Net income attributable to the company 18,052 224,433 31,750 250,490
Net income attributable to the company's preferred equity holders (2,149) (2,758) (4,297) (5,515)
Net income attributable to participating securities (60) (293) (119) (370)
Net income attributable to the company's common equity holders $ 15,843 $ 221,382 $ 27,334 $ 244,605
Earnings attributable to the company per common share/unit        
Net income attributable to the company per common share/unit - basic (in dollars per share/unit) $ 0.10 $ 1.42 $ 0.17 $ 1.57
Net income attributable to the company per common share/unit - diluted (in dollars per share/unit) 0.10 1.41 0.17 1.57
Dividends declared per common share/unit $ 0.36 $ 0.33 $ 0.72 $ 0.66
Weighted average number of shares outstanding - basic 156,305 156,375 156,282 155,876
Weighted average number of shares outstanding - diluted 156,715 156,793 156,735 156,248
AIMCO PROPERTIES, L.P [Member]        
REVENUES        
Tax credit and transaction revenues $ 2,856 $ 8,347 $ 5,547 $ 13,105
Total revenues 249,092 251,218 495,573 497,457
OPERATING EXPENSES        
Depreciation and amortization 89,155 80,680 176,323 160,508
General and administrative expenses 10,108 11,616 21,071 23,914
Other expenses, net 2,727 5,526 4,465 7,096
Total operating expenses 189,386 186,782 378,078 369,487
Operating income 59,706 64,436 117,495 127,970
Interest income 2,012 1,843 4,204 3,678
Interest expense (46,858) (48,894) (94,740) (96,528)
Other, net 200 4,906 665 4,983
Income before income taxes and gain on dispositions 15,060 22,291 27,624 40,103
Income tax benefit 5,023 7,121 10,008 13,007
Income before gain on dispositions 20,083 29,412 37,632 53,110
Gain on dispositions of real estate, net of tax 1,508 216,541 1,114 222,728
Net income 21,591 245,953 38,746 275,838
Noncontrolling interests:        
Net income attributable to noncontrolling interests in consolidated real estate partnerships (813) (8,677) (1,764) (9,607)
Net income attributable to the company 20,778 237,276 36,982 266,231
Net income attributable to the company's preferred equity holders (4,088) (4,466) (8,185) (8,949)
Net income attributable to participating securities (63) (293) (123) (370)
Net income attributable to the company's common equity holders $ 16,627 $ 232,517 $ 28,674 $ 256,912
Earnings attributable to the company per common share/unit        
Net income attributable to the company per common share/unit - basic (in dollars per share/unit) $ 0.10 $ 1.42 $ 0.18 $ 1.57
Net income attributable to the company per common share/unit - diluted (in dollars per share/unit) 0.10 1.41 0.17 1.57
Dividends declared per common share/unit $ 0.36 $ 0.33 $ 0.72 $ 0.66
Weighted average number of shares outstanding - basic 163,740 164,188 163,777 163,707
Weighted average number of shares outstanding - diluted 164,150 164,606 164,230 164,079
Asset Management [Member]        
REVENUES        
Rental and other property revenues $ 18,533 $ 19,130 $ 37,095 $ 38,020
OPERATING EXPENSES        
Property operating expenses 8,382 9,252 17,579 18,789
Asset Management [Member] | AIMCO PROPERTIES, L.P [Member]        
REVENUES        
Rental and other property revenues 18,533 19,130 37,095 38,020
OPERATING EXPENSES        
Property operating expenses 8,382 9,252 17,579 18,789
Aimco Real Estate [Member]        
REVENUES        
Rental and other property revenues 227,703 223,741 452,931 446,332
OPERATING EXPENSES        
Property operating expenses 79,014 79,708 158,640 159,180
Aimco Real Estate [Member] | AIMCO PROPERTIES, L.P [Member]        
REVENUES        
Rental and other property revenues 227,703 223,741 452,931 446,332
OPERATING EXPENSES        
Property operating expenses $ 79,014 $ 79,708 $ 158,640 $ 159,180