XML 32 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
ASSETS    
Buildings and improvements $ 6,851,120 $ 6,757,384
Land 2,060,726 2,043,106
Total real estate 8,911,846 8,800,490
Less accumulated depreciation (2,907,044) (2,818,755)
Net real estate ($778,372 and $791,869 related to VIEs) 6,004,802 5,981,735
Cash and cash equivalents ($44,798 and $43,286related to VIEs) 83,234 91,066
Restricted cash ($40,761 and $44,020 related to VIEs) 173,963 186,265
Accounts receivable, net ($6,890 and $8,434 related to VIEs) 42,957 41,796
Notes receivable 110,259 111,205
Investment in unconsolidated real estate partnerships ($27,687 and $29,301 related to VIEs) 38,222 47,790
Other assets 359,442 346,373
Assets held for sale 10,751 65,632
Total assets 6,823,630 6,871,862
LIABILITIES AND EQUITY    
Non-recourse property debt ($632,596 and $636,042 related to VIEs) 5,133,795 5,122,468
Revolving credit facility borrowings 67,400  
Total indebtedness 5,201,195 5,122,468
Accounts payable 22,822 32,607
Accrued liabilities and other ($78,720 and $79,573 related to VIEs) 285,409 284,934
Deferred income 137,892 140,178
Liabilities related to assets held for sale 12,039 63,617
Total liabilities 5,659,357 5,643,804
Preferred noncontrolling interests in Aimco Operating Partnership 83,365 83,384
Commitments and contingencies (Note 8)      
Equity:    
Perpetual Preferred Stock 667,152 657,114
Common Stock, $0.01 par value, 480,887,260 shares authorized, 121,351,204 and 120,916,294 shares issued and outstanding at March 31, 2012 and December 31, 2011, respectively 1,214 1,209
Additional paid-in capital 3,071,523 3,098,333
Accumulated other comprehensive loss (4,191) (6,860)
Distributions in excess of earnings (2,873,679) (2,841,467)
Total Aimco equity 862,019 908,329
Noncontrolling interests in consolidated real estate partnerships 256,366 270,666
Common noncontrolling interests in Aimco Operating Partnership (37,477) (34,321)
Total equity 1,080,908 1,144,674
Total liabilities and equity 6,823,630 6,871,862
AIMCO PROPERTIES,L.P
   
ASSETS    
Buildings and improvements 6,851,120 6,757,384
Land 2,060,726 2,043,106
Total real estate 8,911,846 8,800,490
Less accumulated depreciation (2,907,044) (2,818,755)
Net real estate ($778,372 and $791,869 related to VIEs) 6,004,802 5,981,735
Cash and cash equivalents ($44,798 and $43,286related to VIEs) 83,234 91,066
Restricted cash ($40,761 and $44,020 related to VIEs) 173,963 186,265
Accounts receivable, net ($6,890 and $8,434 related to VIEs) 42,957 41,796
Notes receivable 110,259 111,205
Investment in unconsolidated real estate partnerships ($27,687 and $29,301 related to VIEs) 38,222 47,790
Other assets 359,442 346,373
Assets held for sale 10,751 65,632
Total assets 6,823,630 6,871,862
LIABILITIES AND EQUITY    
Non-recourse property debt ($632,596 and $636,042 related to VIEs) 5,133,795 5,122,468
Revolving credit facility borrowings 67,400  
Total indebtedness 5,201,195 5,122,468
Accounts payable 22,822 32,607
Accrued liabilities and other ($78,720 and $79,573 related to VIEs) 285,409 284,934
Deferred income 137,892 140,178
Liabilities related to assets held for sale 12,039 63,617
Total liabilities 5,659,357 5,643,804
Redeemable preferred units 83,365 83,384
Commitments and contingencies (Note 8)     
Equity:    
Preferred units 667,152 657,114
General Partner and Special Limited Partner 194,867 251,215
Limited Partners (37,477) (34,321)
Partners' capital attributable to the Aimco Operating Partnership 824,542 874,008
Noncontrolling interests in consolidated real estate partnerships 256,366 270,666
Total partners' capital 1,080,908 1,144,674
Total liabilities and equity $ 6,823,630 $ 6,871,862