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Assets Held for Sale and Discontinued Operations (Tables)
 12 Months Ended
Dec. 31, 2012
Discontinued Operations and Disposal Groups [Abstract]  
Amounts classified as held for sale in consolidated balance sheets
Amounts classified as held for sale in the accompanying consolidated balance sheets as of December 31, 2011 are as follows (in thousands):
 
December 31,
2011
Real estate, net
$
454,617

Other assets
15,930

Assets held for sale
$
470,547

 
 
Property debt
$
412,558

Other liabilities
4,606

Liabilities related to assets held for sale
$
417,164
Summary of discontinued operations
The following is a summary of the components of income from discontinued operations and the related amounts of income from discontinued operations attributable to Aimco, the Aimco Operating Partnership and noncontrolling interests for the years ended December 31, 2012, 2011 and 2010 (in thousands):
 
2012
 
2011
 
2010
Rental and other property revenues
$
65,947

 
$
159,058

 
$
231,513

Property operating expenses
(31,257
)
 
(82,353
)
 
(121,103
)
Depreciation and amortization
(21,674
)
 
(52,513
)
 
(73,572
)
Provision for real estate impairment losses
(15,338
)
 
(19,331
)
 
(12,961
)
Operating (loss) income
(2,322
)
 
4,861

 
23,877

Interest income
545

 
1,534

 
1,641

Interest expense
(12,585
)
 
(31,175
)
 
(43,368
)
Loss before gain on dispositions of real estate and income tax
(14,362
)
 
(24,780
)
 
(17,850
)
Gain on dispositions of real estate
234,533

 
108,209

 
94,945

Income tax expense
(9,904
)
 
(5,990
)
 
(5,942
)
Income from discontinued operations, net
$
210,267

 
$
77,439

 
$
71,153

Income from discontinued operations attributable to noncontrolling interests in consolidated real estate partnerships
(39,019
)
 
(32,218
)
 
(21,460
)
Income from discontinued operations attributable to the Aimco Operating Partnership
$
171,248

 
$
45,221

 
49,693

Income from discontinued operations attributable to noncontrolling interests in Aimco Operating Partnership
(10,153
)
 
(2,990
)
 
(3,332
)
Income from discontinued operations attributable to Aimco
$
161,095

 
$
42,231

 
$
46,361