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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
REVENUES    
Rental and other property revenues $ 224,552 $ 230,235
OPERATING EXPENSES    
Property operating expenses 75,480 78,959
Depreciation and amortization 100,476 93,565
General and administrative expenses 10,108 9,829
Investment management expenses 1,184 1,332
Other expenses, net 1,642 5,136
Total operating expenses 188,890 188,821
Interest income 4,523 2,726
Interest expense (41,336) (41,409)
(Loss) gain on dispositions of real estate (34) 291,473
Mezzanine / Unconsolidated partnerships investment income, net 6,747 0
Income before income tax benefit (expense) 5,744 294,276
Income tax benefit (expense) 3,233 (2,981)
Net income 8,977 291,295
Noncontrolling interests:    
Net income attributable to noncontrolling interests in consolidated real estate partnerships (18) (91)
Net income attributable to preferred noncontrolling interests in Aimco Operating Partnership (1,869) (1,934)
Net income attributable to common noncontrolling interests in Aimco Operating Partnership (368) (15,137)
Net income attributable to noncontrolling interests (2,255) (17,162)
Net income attributable to the company 6,722 274,133
Net income attributable to the company's preferred equity holders 0 (2,148)
Net income attributable to participating securities (43) (417)
Net income attributable to the company's common equity holders $ 6,679 $ 271,568
Net income attributable to Aimco per common share – basic and diluted $ 0.04 $ 1.88
Weighted average common shares/units outstanding - basic 148,518 144,232
Weighted average common shares/units outstanding - diluted 148,786 144,445
AIMCO Properties, LP [Member]    
REVENUES    
Rental and other property revenues $ 224,552 $ 230,235
OPERATING EXPENSES    
Property operating expenses 75,480 78,959
Depreciation and amortization 100,476 93,565
General and administrative expenses 10,108 9,829
Investment management expenses 1,184 1,332
Other expenses, net 1,642 5,136
Total operating expenses 188,890 188,821
Interest income 4,523 2,726
Interest expense (41,336) (41,409)
(Loss) gain on dispositions of real estate (34) 291,473
Mezzanine / Unconsolidated partnerships investment income, net 6,747 0
Income before income tax benefit (expense) 5,744 294,276
Income tax benefit (expense) 3,233 (2,981)
Net income 8,977 291,295
Noncontrolling interests:    
Net income attributable to noncontrolling interests in consolidated real estate partnerships (18) (91)
Net income attributable to preferred noncontrolling interests in Aimco Operating Partnership (1,869) (4,082)
Net income attributable to the company 8,959 291,204
Net income attributable to participating securities (43) (483)
Net income attributable to the company's common equity holders $ 7,047 $ 286,639
Net income attributable to Aimco per common share – basic and diluted $ 0.04 $ 1.88
Weighted average common shares/units outstanding - basic 156,660 152,303
Weighted average common shares/units outstanding - diluted 157,003 152,632
Unconsolidated Real Estate Partnerships [Member]    
OPERATING EXPENSES    
Mezzanine / Unconsolidated partnerships investment income, net $ 182 $ 72
Unconsolidated Real Estate Partnerships [Member] | AIMCO Properties, LP [Member]    
OPERATING EXPENSES    
Mezzanine / Unconsolidated partnerships investment income, net $ 182 $ 72