Earnings (Loss) per Share and Earning (Loss) per Unit (Tables)

3 Months Ended

Mar. 31, 2012

Earnings (Loss) per Share and Earning (Loss) per Unit

Calculation of basic and diluted earnings (loss) per share

	Three Months Ended March 31,
	2012			2011
Numerator:
Loss from continuing operations	$	(24,224	)	$	(31,671	)
Loss from continuing operations attributable to noncontrolling interests		196			7,126
Income attributable to preferred stockholders		(12,439	)		(12,456	)
Income attributable to participating securities		(119	)		(57	)
Loss from continuing operations attributable to Aimco common stockholders	$	(36,586	)	$	(37,058	)
Income from discontinued operations	$	34,871		$	4,394
(Income) loss from discontinued operations attributable to noncontrolling interests		(8,894	)		891
Income from discontinued operations attributable to Aimco common stockholders	$	25,977		$	5,285
Net income (loss)	$	10,647		$	(27,277	)
Net (income) loss attributable to noncontrolling interests		(8,698	)		8,017
Income attributable to preferred stockholders		(12,439	)		(12,456	)
Income attributable to participating securities		(119	)		(57	)
Net loss attributable to Aimco common stockholders	$	(10,609	)	$	(31,773	)
Denominator:
Denominator for basic earnings per share — weighted average number of shares of Common Stock outstanding		120,526			117,320
Effect of dilutive securities:
Dilutive potential common shares		—			—
Denominator for diluted earnings per share		120,526			117,320
Earnings (loss) per common share – basic and diluted:
Loss from continuing operations attributable to Aimco common stockholders	$	(0.30	)	$	(0.32	)
Income from discontinued operations attributable to Aimco common stockholders		0.21			0.05
Net loss attributable to Aimco common stockholders	$	(0.09	)	$	(0.27	)

	Three Months Ended March 31,
	2012			2011
Numerator:
Loss from continuing operations	$	(24,224	)	$	(31,459	)
Loss from continuing operations attributable to noncontrolling interests		(699	)		6,033
Income attributable to the Partnership’s preferred unitholders		(14,109	)		(14,127	)
Income attributable to participating securities		(119	)		(57	)
Loss from continuing operations attributable to the Partnership’s common unitholders	$	(39,151	)	$	(39,610	)
Income from discontinued operations	$	34,871		$	4,394
Income from discontinued operations attributable to noncontrolling interests		(7,066	)		1,272
Income from discontinued operations attributable to the Partnership’s common unitholders	$	27,805		$	5,666
Net income (loss)	$	10,647		$	(27,065	)
(Income) loss attributable to noncontrolling interests		(7,765	)		7,305
Income attributable to the Partnership’s preferred unitholders		(14,109	)		(14,127	)
Income attributable to participating securities		(119	)		(57	)
Net loss attributable to the Partnership’s common unitholders	$	(11,346	)	$	(33,944	)
Denominator:
Denominator for basic earnings per unit — weighted average number of common units outstanding
Common OP Units		126,389			123,433
HPUs		2,340			2,340
Total common units		128,729			125,773
Effect of dilutive securities:
Dilutive potential common units		—			—
Denominator for diluted earnings per unit		128,729			125,773
Earnings (loss) per common unit – basic and diluted:
Loss from continuing operations attributable to the Partnership’s common unitholders	$	(0.30	)	$	(0.31	)
Income from discontinued operations attributable to the Partnership’s common unitholders		0.21			0.04
Net loss attributable to the Partnership’s common unitholders	$	(0.09	)	$	(0.27	)