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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
REVENUES:      
Tax credit and transaction revenues $ 6,987 $ 13,243 $ 21,323
Total revenues 972,410 1,005,437 995,854
OPERATING EXPENSES:      
Depreciation and amortization 377,786 366,184 333,066
General and administrative expenses 46,268 43,657 46,784
Other expenses, net 3,778 11,148 14,295
Provision for real estate impairment loss 0 35,881 0
Total operating expenses 756,654 811,454 749,058
Interest income 10,914 8,332 7,797
Interest expense (200,634) (194,615) (196,389)
Gain on dispositions of real estate and the Asset Management Business 677,463 300,849 400,156
Other, net 77 7,694 6,071
Income before income tax benefit 703,576 316,243 464,431
Income tax benefit (Note 9) 13,027 30,836 18,842
Net income 716,603 347,079 483,273
Noncontrolling interests:      
Net income attributable to noncontrolling interests in consolidated real estate partnerships (8,220) (9,084) (25,256)
Net income attributable to preferred noncontrolling interests in Aimco Operating Partnership (7,739) (7,764) (7,239)
Net income attributable to common noncontrolling interests in Aimco Operating Partnership (34,417) (14,457) (20,368)
Net income attributable to noncontrolling interests (50,376) (31,305) (52,863)
Net income attributable to the company 666,227 315,774 430,410
Net income attributable to the company's preferred equityholders (8,593) (8,594) (11,994)
Net income attributable to participating securities (1,037) (319) (635)
Net income attributable to Aimco common stockholders $ 656,597 $ 306,861 $ 417,781
Net income attributable to the company per common share/unit - basic (in dollars per share) $ 4.21 $ 1.96 $ 2.68
Net income attributable to the company per common share/unit - diluted (in dollars per share) $ 4.21 $ 1.96 $ 2.67
Weighted average common shares/units outstanding - basic (in shares) 155,866 156,323 156,001
Weighted average common shares/units outstanding - diluted (in shares) 156,053 156,796 156,391
Asset Management      
REVENUES:      
Rental and other property revenues $ 42,830 $ 74,046 $ 74,640
OPERATING EXPENSES:      
Property operating expenses 20,921 35,458 36,956
Aimco Real Estate      
REVENUES:      
Rental and other property revenues 922,593 918,148 899,891
OPERATING EXPENSES:      
Property operating expenses 307,901 319,126 317,957
AIMCO Properties, L.P.      
REVENUES:      
Tax credit and transaction revenues 6,987 13,243 21,323
Total revenues 972,410 1,005,437 995,854
OPERATING EXPENSES:      
Depreciation and amortization 377,786 366,184 333,066
General and administrative expenses 46,268 43,657 46,784
Other expenses, net 3,778 11,148 14,295
Provision for real estate impairment loss 0 35,881 0
Total operating expenses 756,654 811,454 749,058
Interest income 10,914 8,332 7,797
Interest expense (200,634) (194,615) (196,389)
Gain on dispositions of real estate and the Asset Management Business 677,463 300,849 400,156
Other, net 77 7,694 6,071
Income before income tax benefit 703,576 316,243 464,431
Income tax benefit (Note 9) 13,027 30,836 18,842
Net income 716,603 347,079 483,273
Noncontrolling interests:      
Net income attributable to noncontrolling interests in consolidated real estate partnerships (8,220) (9,084) (25,256)
Net income attributable to the company 708,383 337,995 458,017
Net income attributable to the company's preferred equityholders (16,332) (16,358) (19,233)
Net income attributable to participating securities (1,177) (337) (635)
Net income attributable to Aimco common stockholders $ 690,874 $ 321,300 $ 438,149
Net income attributable to the company per common share/unit - basic (in dollars per share) $ 4.22 $ 1.96 $ 2.68
Net income attributable to the company per common share/unit - diluted (in dollars per share) $ 4.21 $ 1.96 $ 2.67
Weighted average common shares/units outstanding - basic (in shares) 163,846 163,746 163,761
Weighted average common shares/units outstanding - diluted (in shares) 164,033 164,218 164,151
AIMCO Properties, L.P. | Asset Management      
REVENUES:      
Rental and other property revenues $ 42,830 $ 74,046 $ 74,640
OPERATING EXPENSES:      
Property operating expenses 20,921 35,458 36,956
AIMCO Properties, L.P. | Aimco Real Estate      
REVENUES:      
Rental and other property revenues 922,593 918,148 899,891
OPERATING EXPENSES:      
Property operating expenses $ 307,901 $ 319,126 $ 317,957