XML 21 R6.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 38,746 $ 275,838
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 176,323 160,508
Gain on dispositions of real estate, net of tax (1,114) (222,728)
Other adjustments (5,302) (10,380)
Net changes in operating assets and operating liabilities (32,640) (26,473)
Net cash provided by operating activities 176,013 176,765
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of real estate (8,189) (6,119)
Capital expenditures (176,388) (166,030)
Proceeds from dispositions of real estate 10,915 298,691
Purchases of corporate assets (6,005) (4,425)
Change in restricted cash 1,780 (286,841)
Other investing activities 733 10,013
Net cash used in investing activities (177,154) (154,711)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from non-recourse property debt 68,535 38,261
Principal repayments on non-recourse property debt (91,420) (59,267)
Proceeds from term loan 250,000 0
Net borrowings on revolving credit facility 227,790 133,540
Payment of dividends to holders of preferred securities (4,297) (5,515)
Payment of dividends to holders of Common Stock (112,661) (103,050)
Payment of distributions to noncontrolling interests (11,176) (11,898)
Purchases and redemptions of noncontrolling interests (323,165) (3,980)
Other financing activities 53 (5,709)
Net cash provided by (used in) financing activities 3,659 (17,618)
NET INCREASE IN CASH AND CASH EQUIVALENTS 2,518 4,436
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 61,244 50,789
CASH AND CASH EQUIVALENTS AT END OF PERIOD 63,762 55,225
AIMCO PROPERTIES, L.P [Member]    
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income 38,746 275,838
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 176,323 160,508
Gain on dispositions of real estate, net of tax (1,114) (222,728)
Other adjustments (5,302) (10,380)
Net changes in operating assets and operating liabilities (32,640) (26,473)
Net cash provided by operating activities 176,013 176,765
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of real estate (8,189) (6,119)
Capital expenditures (176,388) (166,030)
Proceeds from dispositions of real estate 10,915 298,691
Purchases of corporate assets (6,005) (4,425)
Change in restricted cash 1,780 (286,841)
Other investing activities 733 10,013
Net cash used in investing activities (177,154) (154,711)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from non-recourse property debt 68,535 38,261
Principal repayments on non-recourse property debt (91,420) (59,267)
Proceeds from term loan 250,000 0
Net borrowings on revolving credit facility 227,790 133,540
Payment of dividends to holders of preferred securities (8,185) (8,949)
Payment of distributions to General Partner and Special Limited Partner (112,661) (103,050)
Payment of distributions to Limited Partners (5,408) (5,169)
Payment of distributions to noncontrolling interests (1,880) (3,295)
Purchases and redemptions of noncontrolling interests (311,055) 0
Other financing activities (12,057) (9,689)
Net cash provided by (used in) financing activities 3,659 (17,618)
NET INCREASE IN CASH AND CASH EQUIVALENTS 2,518 4,436
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 61,244 50,789
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 63,762 $ 55,225