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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income (loss) $ 195,361 $ (58,164) $ (89,624)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 345,077 [1] 342,820 [1] 363,261 [1]
Provision for real estate impairment losses 8,349 [1] 915 [1] 65 [1]
Equity in losses of unconsolidated real estate partnerships 4,408 17,721 23,112
Gain on dispositions of interests in unconsolidated real estate and other (21,886) (2,398) (10,631)
Income tax benefit (929) (6,541) (16,839)
Stock-based compensation expense 4,871 5,381 7,331
Amortization of deferred loan costs and other 5,615 7,148 8,398
Discontinued operations:      
Depreciation and amortization 21,674 52,513 73,572
Gain on disposition of real estate (234,533) (108,209) (94,945)
Other adjustments to income from discontinued operations 25,242 25,321 20,247
Changes in operating assets and operating liabilities:      
Accounts receivable 8,968 388 25,561
Other assets 21,748 7,927 17,798
Accounts payable, accrued liabilities and other (67,138) (26,003) (69,806)
Total adjustments 121,466 316,983 347,124
Net cash provided by operating activities 316,827 258,819 257,500
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchases of real estate and investments in unconsolidated real estate partnerships (89,716) (64,976) 0
Capital expenditures (270,210) (200,372) (178,929)
Proceeds from dispositions of real estate 484,904 326,853 218,571
Purchases of interests in unconsolidated real estate and corporate assets (7,818) (15,123) (9,399)
Purchase of investment in debt securities 0 (51,534) 0
Proceeds from sales of and distributions from unconsolidated real estate partnerships 31,192 17,095 19,707
Net increase in cash from consolidation and deconsolidation of entities 0 0 13,128
Other investing activities (36,685) 28,551 23,297
Net cash used in investing activities 111,667 40,494 86,375
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from non-recourse property debt 243,253 927,093 449,384
Principal repayments on non-recourse property debt (447,792) (1,083,690) (493,128)
Payments on term loans 0 0 (90,000)
Proceeds from issuance of Preferred Stock 9,818 19,990 96,110
Proceeds from issuance of Common Stock 594,379 71,942 14,046
Redemptions and repurchases of Preferred Stock (600,938) (36,367) (108,000)
Proceeds from Common Stock option exercises 48,907 1,806 1,806
Payment of dividends to holders of preferred stock or units (37,019) (49,756) (53,435)
Payment of dividends to holders of Common Stock (104,006) (57,583) (46,729)
Payment of distributions to noncontrolling interests (57,849) (58,413) (54,557)
Purchases of noncontrolling interests in consolidated real estate partnerships (71,145) (20,909) (17,238)
Other financing activities (12,755) (33,685) (12,069)
Net cash used in financing activities (435,147) (319,572) (313,810)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (6,653) (20,259) 30,065
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 91,066 111,325 81,260
CASH AND CASH EQUIVALENTS AT END OF PERIOD 84,413 91,066 111,325
Supplemental Cash Flow Information [Abstract]      
Interest Paid 294,423 336,565 311,432
Cash paid for income taxes 1,056 1,233 1,899
Non-cash transactions associated with the acquisition or disposition of real estate:      
Secured debt assumed in connection with our acquisition of real estate 38,779 0 0
Secured debt assumed by buyer in connection with our disposition of real estate 208,134 127,494 157,629
Issuance of notes receivable in connection with the disposition of real estate 0 0 4,544
Non-cash transactions associated with consolidation and deconsolidation of real estate partnerships:      
Real estate, net 0 0 80,629
Investments in and notes receivable primarily from affiliated entities 0 0 41,903
Restricted cash and other assets 0 0 3,290
Non-recourse debt 0 0 61,211
Noncontrolling interests in consolidated real estate partnerships 0 0 57,099
Accounts payable, accrued and other liabilities 0 0 20,640
Other non-cash transactions:      
Issuance of common OP Units for acquisition of noncontrolling interests in consolidated real estate partnerships 4,553 168 6,854
AIMCO PROPERTIES, L.P
     
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income (loss) 195,361 (56,865) (88,765)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 345,077 342,820 363,261
Provision for real estate impairment losses 8,349 915 65
Equity in losses of unconsolidated real estate partnerships 4,408 17,721 23,112
Gain on dispositions of interests in unconsolidated real estate and other (21,886) (2,398) (10,631)
Income tax benefit (929) (6,541) (16,839)
Stock-based compensation expense 4,871 5,381 7,331
Amortization of deferred loan costs and other 5,615 7,148 8,398
Discontinued operations:      
Depreciation and amortization 21,674 52,513 73,572
Gain on disposition of real estate (234,533) (108,209) (94,945)
Other adjustments to income from discontinued operations 25,242 25,321 20,247
Changes in operating assets and operating liabilities:      
Accounts receivable 8,968 388 25,561
Other assets 21,748 6,628 16,939
Accounts payable, accrued liabilities and other (67,138) (26,003) (69,806)
Total adjustments 121,466 315,684 346,265
Net cash provided by operating activities 316,827 258,819 257,500
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchases of real estate and investments in unconsolidated real estate partnerships (89,716) (64,976) 0
Capital expenditures (270,210) (200,372) (178,929)
Proceeds from dispositions of real estate 484,904 326,853 218,571
Purchases of interests in unconsolidated real estate and corporate assets (7,818) (15,123) (9,399)
Purchase of investment in debt securities 0 (51,534) 0
Proceeds from sales of and distributions from unconsolidated real estate partnerships 31,192 17,095 19,707
Net increase in cash from consolidation and deconsolidation of entities 0 0 13,128
Dividends received from Aimco 0 269 224
Repayment of notes receivable from Aimco 0 18,529 0
Other investing activities (36,685) 28,551 23,297
Net cash used in investing activities 111,667 59,292 86,599
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from non-recourse property debt 243,253 927,093 449,384
Principal repayments on non-recourse property debt (447,792) (1,083,690) (493,128)
Payments on term loans 0 0 (90,000)
Proceeds from issuance of Preferred Stock 9,818 19,990 96,110
Proceeds from issuance of Common Stock 594,379 71,942 14,046
Redemptions and repurchases of Preferred Stock (600,938) (36,367) (108,000)
Proceeds from Common Stock option exercises 48,907 1,806 1,806
Payment of dividends to holders of preferred stock or units (43,515) (56,439) (60,165)
Payment of distributions to General Partner and Special Limited Partner (104,006) (76,381) (46,953)
Payment of distributions to Limited Partners (4,375) (3,786) (2,428)
Payment of distributions to High Performance Units (1,778) (1,478) (936)
Payment of distributions to noncontrolling interests (45,200) (46,466) (44,463)
Purchases of noncontrolling interests in consolidated real estate partnerships (71,145) (20,909) (17,238)
Other financing activities (12,755) (33,685) (12,069)
Net cash used in financing activities (435,147) (338,370) (314,034)
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS (6,653) (20,259) 30,065
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 91,066 111,325 81,260
CASH AND CASH EQUIVALENTS AT END OF PERIOD 84,413 91,066 111,325
Supplemental Cash Flow Information [Abstract]      
Interest Paid 294,423 336,565 311,432
Cash paid for income taxes 1,056 1,233 1,899
Non-cash transactions associated with the acquisition or disposition of real estate:      
Secured debt assumed in connection with our acquisition of real estate 38,779 0 0
Secured debt assumed by buyer in connection with our disposition of real estate 208,134 127,494 157,629
Issuance of notes receivable in connection with the disposition of real estate 0 0 4,544
Non-cash transactions associated with consolidation and deconsolidation of real estate partnerships:      
Real estate, net 0 0 80,629
Investments in and notes receivable primarily from affiliated entities 0 0 41,903
Restricted cash and other assets 0 0 3,290
Non-recourse debt 0 0 61,211
Noncontrolling interests in consolidated real estate partnerships 0 0 57,099
Accounts payable, accrued and other liabilities 0 0 20,640
Other non-cash transactions:      
Issuance of common OP Units for acquisition of noncontrolling interests in consolidated real estate partnerships $ 4,553 $ 168 $ 6,854
[1] Proportionate property net operating income, our key measurement of segment profit or loss, excludes property management revenues (which are included in rental and other property revenues), property management expenses and casualty gains and losses (which are included in property operating expenses), depreciation and amortization and provision for real estate impairment losses. Accordingly, we do not allocate these amounts to our segments.