Unaudited Summarized Consolidated Quarterly Information (Tables)

12 Months Ended

Dec. 31, 2012

Aimco’s summarized unaudited consolidated quarterly information for 2012 and 2011 is provided below (in thousands, except per share amounts).



	Quarter (1)
2012	First			Second			Third			Fourth
Total revenues	$	252,610		$	253,908		$	260,684		$	265,995
Total operating expenses	(212,415		)	(205,544		)	(209,940		)	(205,138		)
Operating income	40,195			48,364			50,744			60,857
(Loss) income from continuing operations	(22,532		)	(7,377		)	5,943			9,060
Income from discontinued operations, net	33,179			41,508			47,392			88,188
Net income	10,647			34,131			53,335			97,248
(Loss) income attributable to Aimco common stockholders	(10,609		)	523			24,163			67,928
Earnings (loss) per common share - basic and diluted:
Loss from continuing operations attributable to Aimco common stockholders	$	(0.30	)	$	(0.27	)	$	(0.06	)	$	—
Net (loss) income attributable to Aimco common stockholders	$	(0.09	)	$	—		$	0.17		$	0.47
Weighted average common shares outstanding - basic and diluted	120,526			127,395			144,959			145,035



	Quarter (1)
2011	First			Second			Third			Fourth
Total revenues	$	242,761		$	242,868		$	247,838		$	248,452
Total operating expenses	(210,126		)	(199,930		)	(208,884		)	(209,822		)
Operating income	32,635			42,938			38,954			38,630
Loss from continuing operations	(31,215		)	(43,859		)	(25,448		)	(35,081		)
Income from discontinued operations, net	3,938			16,888			30,106			26,507
Net (loss) income	(27,277		)	(26,971		)	4,658			(8,574		)
Loss attributable to Aimco common stockholders	(31,773		)	(33,177		)	(14,800		)	(23,411		)
Loss per common share - basic and diluted:
Loss from continuing operations attributable to Aimco common stockholders	$	(0.32	)	$	(0.36	)	$	(0.26	)	$	(0.28	)
Net loss attributable to Aimco common stockholders	$	(0.27	)	$	(0.28	)	$	(0.12	)	$	(0.19	)
Weighted average common shares outstanding - basic and diluted	117,320			119,156			120,339			120,433

AIMCO PROPERTIES, L.P



	Quarter (1)
2012	First			Second			Third			Fourth
Total revenues	$	252,610		$	253,908		$	260,684		$	265,995
Total operating expenses	(212,415		)	(205,544		)	(209,940		)	(205,138		)
Operating income	40,195			48,364			50,744			60,857
(Loss) income from continuing operations	(22,532		)	(7,377		)	5,943			9,060
Income from discontinued operations, net	33,179			41,508			47,392			88,188
Net income	10,647			34,131			53,335			97,248
(Loss) income attributable to the Partnership’s common unitholders	(11,346		)	578			25,774			72,190
Loss per common unit - basic and diluted:
Loss from continuing operations attributable to the Partnership’s common unitholders	$	(0.30	)	$	(0.27	)	$	(0.06	)	$	—
Net loss attributable to the Partnership’s common unitholders	$	(0.09	)	$	—		$	0.17		$	0.47
Weighted average common units outstanding - basic and diluted	128,729			135,622			152,997			153,107



	Quarter (1)
2011	First			Second			Third			Fourth
Total revenues	$	242,761		$	242,868		$	247,838		$	248,452
Total operating expenses	(210,126		)	(199,930		)	(208,884		)	(209,822		)
Operating income	32,635			42,938			38,954			38,630
Loss from continuing operations	(31,003		)	(43,635		)	(24,625		)	(35,041		)
Income from discontinued operations, net	3,938			16,888			30,106			26,507
Net (loss) income	(27,065		)	(26,747		)	5,481			(8,534		)
Loss attributable to the Partnership’s common unitholders	(33,944		)	(35,373		)	(15,012		)	(25,036		)
Loss per common unit - basic and diluted:
Loss from continuing operations attributable to the Partnership’s common unitholders	$	(0.32	)	$	(0.37	)	$	(0.27	)	$	(0.30	)
Net loss attributable to the Partnership’s common unitholders	$	(0.27	)	$	(0.28	)	$	(0.12	)	$	(0.19	)
Weighted average common units outstanding - basic and diluted	125,773			127,577			128,656			128,933


(1)	Certain reclassifications have been made to 2012 and 2011 quarterly amounts to conform to the full year 2012 presentation, primarily related to treatment of discontinued operations.