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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
ASSETS    
Buildings and improvements $ 6,127,249 $ 5,930,910
Land 1,341,615 1,421,069
Total real estate 7,468,864 7,351,979
Accumulated depreciation (2,455,505) (2,268,839)
Net real estate 5,013,359 5,083,140
Cash and cash equivalents 44,214 136,458
Restricted cash 29,266 30,083
Notes receivable from Aimco 534,127 0
Goodwill 32,286 32,286
Other assets 576,026 604,593
Assets of discontinued operations 0 1,022,696
Total assets 6,229,278 6,909,256
LIABILITIES AND EQUITY    
Non-recourse property debt, net 3,628,236 3,737,805
Term loan, net 349,164 0
Revolving credit facility borrowings 265,600 275,000
Total indebtedness 4,243,000 4,012,805
Accrued liabilities and other 598,736 270,487
Liabilities of discontinued operations 0 663,389
Total liabilities 4,841,736 4,946,681
Preferred noncontrolling interests in AIR Operating Partnership 79,449 97,064
Redeemable noncontrolling interests in consolidated real estate partnership 0 4,716
Commitments and contingencies (Note 7)
Equity/Partners' Capital:    
Perpetual preferred stock 2,000 0
Common Stock, $0.01 par value, 1,021,175,000 and 500,787,260 shares authorized at December 31, 2020 and 2019, respectively, and 148,861,036 and 120,242,385 shares issued/outstanding at December 31, 2020 and 2019, respectively 1,489 1,202
Additional paid-in capital 3,432,121 3,497,654
Accumulated other comprehensive income 3,039 4,195
Distributions in excess of earnings (2,131,798) (1,722,402)
Total AIR equity 1,306,851 1,780,649
Noncontrolling interests in consolidated real estate partnerships (61,943) (3,296)
Common noncontrolling interests in AIR Operating Partnership 63,185 83,442
Total equity 1,308,093 1,860,795
Total liabilities and equity 6,229,278 6,909,256
AIMCO Properties, LP [Member]    
ASSETS    
Buildings and improvements 6,127,249 5,930,910
Land 1,341,615 1,421,069
Total real estate 7,468,864 7,351,979
Accumulated depreciation (2,455,505) (2,268,839)
Net real estate 5,013,359 5,083,140
Cash and cash equivalents 44,214 136,458
Restricted cash 29,266 30,083
Goodwill 32,286 32,286
Other assets 576,026 604,593
Total assets 6,229,278 6,909,256
Notes receivable from Aimco 534,127  
Assets of discontinued operations   1,022,696
LIABILITIES AND EQUITY    
Non-recourse property debt, net 3,628,236 3,737,805
Term loan, net 349,164  
Revolving credit facility borrowings 265,600 275,000
Total indebtedness 4,243,000 4,012,805
Accrued liabilities and other 598,736 270,487
Total liabilities 4,841,736 4,946,681
Preferred noncontrolling interests in AIR Operating Partnership 79,449 97,064
Redeemable noncontrolling interests in consolidated real estate partnership   4,716
Commitments and contingencies (Note 7)
Equity/Partners' Capital:    
Preferred units 2,000  
General Partner and Special Limited Partner 1,304,851 1,780,649
Limited Partners 63,185 83,442
Partners’ capital attributable to the AIR Operating Partnership 1,370,036 1,864,091
Partners' Capital Attributable to Noncontrolling Interest (61,943) (3,296)
Total partners’ capital 1,308,093 1,860,795
Total liabilities and equity $ 6,229,278 6,909,256
Liabilities of discontinued operations   $ 663,389