Apartment Investment and Management Company(NYSE:AIV) 
Aimco is a Real Estate Investment Trust focused on property development, redevelopment, and various other value-creating investment strategies, targeting the U.S. multifamily market. Aimco is traded on the New York Stock Exchange as AIV. For more information about Aimco, please visit our website www...
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Quarterly
Annual
| Unit: USD | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-07-31 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-12-31 | 2009-09-30 | 2009-06-30 | 2009-03-31 | 2008-12-31 | 2008-09-30 | 2008-06-30 | 2008-03-31 | 2007-12-31 | 2007-09-30 | 2007-06-30 | 2007-03-31 | 2006-12-31 | 2006-09-30 | 2006-06-30 | 2006-03-31 | 2005-12-31 | 2005-09-30 | 2005-06-30 | 2005-03-31 | 2004-12-31 | 2004-09-30 |
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revenues | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
rental and other property revenues | 34,639,000 | 35,132,000 | 52,758,000 | 52,352,000 | 54,171,000 | 53,158,000 | 51,148,000 | 50,203,000 | 49,352,000 | 47,701,000 | 45,674,000 | 44,268,000 | 41,969,000 | 47,683,000 | 50,697,000 | 49,994,000 | 46,721,000 | 42,893,000 | 40,418,000 | 39,804,000 | -507,364,000 | 215,455,000 | 218,808,000 | 224,552,000 | 246,064,000 | 244,115,000 | 242,871,000 | 241,481,000 | 239,646,000 | 240,382,000 | 238,637,000 | 238,637,000 | 238,289,000 | 233,330,000 | 239,873,000 | 239,492,000 | 240,136,000 | 207,119,000 | 247,117,000 | 251,853,000 | 248,198,000 | 231,273,000 | 256,752,000 | 261,958,000 | 265,728,000 | 273,384,000 | 277,317,000 | 263,761,000 | 282,595,000 | 285,395,000 | 288,719,000 | 215,465,000 | 307,907,000 | 320,852,000 | 338,093,000 | 280,346,000 | 361,996,000 | 384,191,000 | 417,646,000 | 405,874,000 | 416,633,000 | 421,864,000 | 417,036,000 | 384,309,000 | 422,602,000 | 419,234,000 | 417,488,000 | 1,080,096,000 | 379,550,000 | 385,566,000 | 376,334,000 | 1,042,237,000 | 359,416,000 | ||||||||||||||
operating expenses | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property operating expenses | 17,163,000 | 16,893,000 | 23,192,000 | 23,065,000 | 23,891,000 | 23,337,000 | 22,557,000 | 21,199,000 | 19,064,000 | 18,328,000 | 18,783,000 | 17,504,000 | 15,408,000 | 17,455,000 | 19,708,000 | 19,221,000 | 16,113,000 | 18,155,000 | 16,403,000 | 16,942,000 | -163,018,000 | 74,929,000 | 74,123,000 | 75,480,000 | 84,202,000 | 91,523,000 | 88,305,000 | 88,397,000 | 87,350,000 | 88,621,000 | 87,930,000 | 87,930,000 | 95,492,000 | 84,500,000 | 95,174,000 | 94,438,000 | 99,270,000 | 80,180,000 | 98,463,000 | 101,717,000 | 101,876,000 | 92,710,000 | 106,462,000 | 105,875,000 | 108,642,000 | 117,379,000 | 126,084,000 | 114,315,000 | 128,174,000 | 132,946,000 | 140,415,000 | 94,903,000 | 146,608,000 | 142,914,000 | 156,489,000 | 119,455,000 | 172,705,000 | 174,158,000 | 204,485,000 | 192,242,000 | 198,674,000 | 192,681,000 | 196,671,000 | 186,233,000 | 194,749,000 | 190,485,000 | 200,858,000 | 520,427,000 | 185,078,000 | 181,153,000 | 182,481,000 | 492,717,000 | 176,090,000 | ||||||||||||||
depreciation and amortization | 13,356,000 | 16,222,000 | 16,363,000 | 16,421,000 | 21,236,000 | 23,545,000 | 22,110,000 | 19,468,000 | 17,728,000 | 17,804,000 | 17,031,000 | 16,271,000 | 15,547,000 | 85,438,000 | 34,863,000 | 23,118,000 | 21,647,000 | 21,709,000 | 20,639,000 | 20,717,000 | -218,449,000 | 98,249,000 | 97,689,000 | 100,476,000 | 97,144,000 | 97,538,000 | 91,924,000 | 93,565,000 | 91,347,000 | 96,406,000 | 97,485,000 | 92,548,000 | 97,348,000 | 92,513,000 | 89,155,000 | 87,168,000 | 87,710,000 | 84,848,000 | 80,680,000 | 79,828,000 | 79,482,000 | 77,237,000 | 75,150,000 | 75,150,000 | 74,432,000 | 71,465,000 | 69,437,000 | 71,399,000 | 70,307,000 | 62,640,000 | 74,622,000 | 78,345,000 | 80,331,000 | 80,099,000 | 87,444,000 | 93,052,000 | 94,317,000 | 94,084,000 | 100,911,000 | 103,667,000 | 107,309,000 | 108,667,000 | 109,019,000 | 88,733,000 | 122,362,000 | 122,198,000 | 123,215,000 | 114,959,000 | 120,771,000 | 120,692,000 | 126,524,000 | 117,446,000 | 128,547,000 | 121,807,000 | 123,990,000 | 117,973,000 | 126,112,000 | 116,412,000 | 113,940,000 | 299,481,000 | 112,594,000 | 107,715,000 | 104,541,000 | 278,546,000 | 90,298,000 | ||
general and administrative expenses | 10,524,000 | 7,523,000 | 7,798,000 | 8,180,000 | 8,961,000 | 7,750,000 | 7,577,000 | 8,549,000 | 8,378,000 | 8,198,000 | 7,890,000 | 8,403,000 | 10,430,000 | 10,809,000 | 8,961,000 | 9,472,000 | 10,589,000 | 8,868,000 | 7,383,000 | 6,311,000 | -17,453,000 | 8,118,000 | 9,696,000 | 10,108,000 | 12,723,000 | 11,821,000 | 12,124,000 | 10,369,000 | 9,072,000 | 12,479,000 | 13,882,000 | 11,355,000 | 12,058,000 | 10,529,000 | 10,108,000 | 10,682,000 | 10,428,000 | 11,320,000 | 11,254,000 | 11,935,000 | 9,451,000 | 11,013,000 | 12,062,000 | 12,062,000 | 10,652,000 | 12,873,000 | 10,665,000 | 10,125,000 | 10,532,000 | 11,814,000 | 10,962,000 | 11,153,000 | 11,779,000 | 12,111,000 | 12,311,000 | 13,556,000 | 11,624,000 | 12,372,000 | 11,125,000 | 14,350,000 | 12,096,000 | 15,184,000 | 11,735,000 | 15,969,000 | 15,676,000 | 17,849,000 | 20,072,000 | 23,220,000 | 27,332,000 | 27,064,000 | 21,424,000 | 23,930,000 | 20,220,000 | 24,606,000 | 21,586,000 | 28,933,000 | 25,262,000 | 24,805,000 | 22,702,000 | 69,795,000 | 23,123,000 | 21,723,000 | 20,873,000 | 59,328,000 | 18,765,000 | ||
impairment on real estate | 90,083,000 | 57,373,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total operating expenses | 131,126,000 | 98,011,000 | 47,353,000 | 47,666,000 | 54,088,000 | 54,632,000 | 52,244,000 | 49,216,000 | 45,170,000 | 44,330,000 | 43,704,000 | 42,178,000 | 41,385,000 | 113,702,000 | 63,532,000 | 51,811,000 | 48,349,000 | 48,732,000 | 44,425,000 | 43,970,000 | -411,636,000 | 201,686,000 | 186,868,000 | 188,890,000 | 193,404,000 | 191,200,000 | 184,096,000 | 188,821,000 | 165,958,000 | 195,527,000 | 200,826,000 | 194,343,000 | 237,946,000 | 195,430,000 | 189,386,000 | 188,692,000 | 189,399,000 | 190,172,000 | 186,782,000 | 182,705,000 | 180,391,000 | 182,366,000 | 179,140,000 | 179,140,000 | 183,198,000 | 178,370,000 | 179,376,000 | 180,621,000 | 183,751,000 | 156,430,000 | 186,635,000 | 195,138,000 | 197,643,000 | 189,293,000 | 216,717,000 | 222,857,000 | 230,604,000 | 231,244,000 | 245,079,000 | 243,790,000 | 254,869,000 | 255,245,000 | 267,542,000 | 195,347,000 | 319,593,000 | 297,535,000 | 307,290,000 | 299,956,000 | 324,266,000 | 334,288,000 | 363,054,000 | 346,511,000 | 349,540,000 | 342,970,000 | 351,298,000 | ||||||||||||
interest income | 3,480,000 | 1,529,000 | 1,546,000 | 2,092,000 | 2,170,000 | 2,299,000 | 2,535,000 | 2,648,000 | 2,709,000 | 2,486,000 | 2,478,000 | 2,058,000 | -10,297,000 | 3,041,000 | 2,843,000 | 4,523,000 | 2,809,000 | 2,824,000 | 3,065,000 | 2,726,000 | 3,146,000 | 2,712,000 | 2,884,000 | 2,172,000 | 2,081,000 | 2,047,000 | 2,012,000 | 2,192,000 | 1,956,000 | 2,163,000 | 1,843,000 | 1,835,000 | 1,782,000 | 1,737,000 | 1,705,000 | 1,705,000 | 1,725,000 | 1,691,000 | 1,787,000 | 1,671,000 | 1,729,000 | 3,396,000 | 3,587,000 | 2,651,000 | 6,425,000 | 2,825,000 | 2,079,000 | 2,477,000 | 2,554,000 | 2,254,000 | 2,248,000 | 3,588,000 | 2,389,000 | 1,928,000 | 3,224,000 | 1,712,000 | 1,962,000 | 2,264,000 | 3,340,000 | 2,882,000 | 5,349,000 | 718,000 | 8,583,000 | 13,879,000 | 9,930,000 | 9,242,000 | 9,607,000 | 12,106,000 | 7,580,000 | 5,600,000 | 7,135,000 | 24,080,000 | 7,371,000 | 7,420,000 | 7,518,000 | 22,249,000 | 10,221,000 | ||||||||||
interest expense | -15,215,000 | -14,033,000 | -18,002,000 | -17,438,000 | -20,836,000 | -19,031,000 | -16,820,000 | -13,370,000 | -10,085,000 | -8,252,000 | -9,656,000 | -9,725,000 | -7,977,000 | -9,719,000 | -41,546,000 | -14,601,000 | -14,907,000 | -12,680,000 | -12,638,000 | -12,677,000 | 113,145,000 | -50,519,000 | -48,802,000 | -41,336,000 | -45,846,000 | -42,011,000 | -39,541,000 | -41,409,000 | -57,441,000 | -45,492,000 | -49,906,000 | -47,795,000 | -49,193,000 | -50,682,000 | -46,858,000 | -47,882,000 | -50,484,000 | -49,377,000 | -48,894,000 | -47,634,000 | -48,275,000 | -48,285,000 | -49,605,000 | -49,605,000 | -53,520,000 | -52,358,000 | -57,806,000 | -55,061,000 | -55,641,000 | -54,523,000 | -61,726,000 | -61,821,000 | -62,494,000 | -53,391,000 | -64,585,000 | -64,255,000 | -71,851,000 | -96,716,000 | -76,381,000 | -77,200,000 | -77,917,000 | -79,499,000 | -80,314,000 | -67,414,000 | -83,179,000 | -90,896,000 | -91,511,000 | -82,986,000 | -94,611,000 | -102,365,000 | -107,436,000 | -108,384,000 | -106,654,000 | -104,875,000 | -106,007,000 | -98,679,000 | -105,889,000 | -103,518,000 | -102,275,000 | -271,753,000 | -96,107,000 | -96,502,000 | -94,211,000 | -270,687,000 | -95,930,000 | ||
realized and unrealized gains on interest rate contracts | -37,000 | -102,000 | -72,000 | -261,000 | 588,000 | -1,148,000 | 640,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized and unrealized gains on equity investments | -315,000 | -4,868,000 | -210,000 | -397,000 | -1,403,000 | -566,000 | -47,264,000 | -271,000 | 535,000 | -1,066,000 | 1,094,000 | 137,000 | 150,000 | -2,145,000 | 26,630,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other income | -4,551,000 | 923,000 | -72,000 | -479,000 | 1,254,000 | -3,959,000 | -1,286,000 | -1,904,000 | -2,042,000 | -1,593,000 | -1,413,000 | -3,498,000 | -11,630,000 | -255,000 | -1,413,000 | -4,541,000 | 1,266,500 | 1,785,000 | 3,638,000 | 2,390,000 | 1,611,250 | 2,215,000 | 2,226,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations before income tax | 101,892,000 | -79,430,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax benefit | 62,965,000 | 116,000 | -5,571,000 | 85,000 | 2,340,000 | 3,814,000 | 2,188,000 | 2,730,000 | 1,929,000 | 6,210,000 | 417,000 | 4,196,000 | 7,074,000 | 17,563,000 | -45,957,000 | 4,056,000 | 3,689,000 | 2,021,000 | 2,760,000 | 5,100,000 | 2,290,000 | 1,747,000 | 2,879,000 | 3,233,000 | 1,193,000 | 3,096,000 | 1,827,000 | -2,981,000 | -56,697,000 | 27,941,000 | 4,395,000 | 37,388,000 | 17,248,000 | 4,870,000 | 5,023,000 | 4,985,000 | 8,739,000 | 3,462,000 | 7,121,000 | 5,886,000 | 6,510,000 | 8,279,000 | 5,814,000 | 5,814,000 | 6,921,000 | 6,937,000 | 5,005,000 | 5,347,000 | 2,758,000 | 2,175,000 | 77,000 | -116,000 | -50,000 | 343,000 | 114,000 | 230,000 | 461,000 | 2,257,000 | 2,528,000 | 6,415,000 | 4,649,000 | 3,598,000 | 3,771,000 | 11,476,000 | 2,410,000 | 3,080,000 | 3,016,000 | ||||||||||||||||||||
net income from continuing operations | 164,857,000 | -79,314,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from discontinued operations, net of taxes | 153,806,000 | 382,306,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 318,663,000 | 302,992,000 | -16,976,000 | -11,712,000 | -7,636,000 | -20,065,000 | -61,103,000 | -7,196,000 | -153,367,000 | 1,674,000 | 144,000 | -5,753,000 | -205,338,000 | 34,173,000 | 253,211,000 | 10,112,000 | -1,182,000 | -4,846,000 | -20,386,000 | 21,434,000 | -33,137,000 | -24,815,000 | 43,204,000 | 8,977,000 | 142,766,000 | 3,970,000 | 69,996,000 | 291,295,000 | 9,840,000 | 603,917,000 | 7,156,000 | 95,690,000 | 286,189,000 | 22,144,000 | 21,591,000 | 17,155,000 | 177,399,000 | 30,036,000 | 245,953,000 | 29,885,000 | 75,376,000 | 23,769,000 | 68,688,000 | 68,688,000 | 104,150,000 | 45,459,000 | 144,515,000 | 84,605,000 | 81,532,000 | 148,603,000 | 79,410,000 | 6,979,000 | 2,833,000 | 97,248,000 | 53,335,000 | 34,131,000 | 10,647,000 | -26,971,000 | -27,277,000 | -34,212,000 | -28,482,000 | -10,170,000 | -16,760,000 | 4,956,000 | -9,556,000 | -7,626,000 | -32,569,000 | 8,171,000 | 175,799,000 | 256,039,000 | -24,546,000 | -12,281,000 | -2,341,000 | 19,329,000 | 25,208,000 | 82,500,000 | -24,875,000 | 35,092,000 | 84,071,000 | 44,630,000 | 26,352,000 | 27,566,000 | 2,032,000 | 100,289,000 | 163,208,000 | ||
yoy | -4273.17% | -1610.05% | -72.22% | 62.76% | -95.02% | -1298.63% | -42532.64% | 25.08% | -25.31% | -95.10% | -99.94% | -156.89% | 17272.08% | -805.18% | -1342.08% | -52.82% | -96.43% | -80.47% | -147.19% | 138.77% | -123.21% | -725.06% | -38.28% | -96.92% | 1350.87% | -99.34% | 878.14% | 204.42% | -96.56% | 2627.23% | -66.86% | 457.80% | 61.33% | -26.28% | -91.22% | -42.60% | 135.35% | 26.37% | 258.07% | -56.49% | -27.63% | -47.71% | -52.47% | -18.81% | 27.74% | -69.41% | 81.99% | 1112.28% | 2777.94% | 52.81% | 48.89% | -79.55% | -73.39% | -226.55% | -139.03% | 165.20% | 62.75% | -790.31% | 198.05% | 33.36% | -48.54% | -39.35% | -105.44% | -102.98% | 32.69% | -166.53% | -7609.57% | 1224.64% | -197.37% | -114.89% | -90.59% | -44.92% | -70.02% | 84.85% | -194.40% | 27.30% | 4037.35% | -55.50% | -83.85% | ||||||||
qoq | 5.17% | -1884.83% | 44.95% | 53.38% | -61.94% | -67.16% | 749.12% | -95.31% | -9261.71% | 1062.50% | -102.50% | -97.20% | -700.88% | -86.50% | 2404.06% | -955.50% | -75.61% | -76.23% | -195.11% | -164.68% | 33.54% | -157.44% | 381.27% | -93.71% | 3496.12% | -94.33% | -75.97% | 2860.32% | -98.37% | 8339.31% | -92.52% | -66.56% | 1192.40% | 2.56% | 25.86% | -90.33% | 490.62% | -87.79% | 723.00% | -60.35% | 217.12% | -65.40% | 0.00% | -34.05% | 129.11% | -68.54% | 70.81% | 3.77% | -45.13% | 87.13% | 1037.84% | 146.35% | -97.09% | 82.33% | 56.27% | 220.57% | -1.12% | -20.27% | 20.12% | 180.06% | -39.32% | -438.18% | -151.86% | 25.31% | -76.59% | -498.59% | -95.35% | -31.34% | -1143.10% | 99.87% | 424.60% | -112.11% | -23.32% | -69.44% | -431.66% | -170.89% | -58.26% | 88.37% | 69.36% | -4.40% | 1256.59% | -97.97% | -38.55% | ||||
net income margin % | Infinity% | Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | -Infinity% | Infinity% | Infinity% | -Infinity% | -Infinity% | Infinity% | Infinity% | Infinity% | -Infinity% | -Infinity% | -Infinity% | Infinity% | -Infinity% | -Infinity% | Infinity% | Infinity% | 62.06% | 1.73% | 31.22% | 126.52% | 4.24% | 249.06% | 2.86% | 38.63% | 112.13% | 8.70% | 8.67% | 6.96% | 71.10% | 12.07% | 97.90% | 12.14% | 30.66% | 9.65% | 28.06% | 28.06% | 42.64% | 18.77% | 58.55% | 34.33% | 32.75% | 67.71% | 31.20% | 2.69% | 1.11% | 39.63% | 19.94% | 12.60% | 3.89% | NaN% | -9.60% | -9.52% | -12.41% | -9.74% | -3.45% | -5.72% | 2.12% | -2.99% | -2.28% | -9.32% | 2.73% | 44.40% | 60.42% | -5.67% | -2.78% | -0.54% | 4.41% | 5.85% | 20.42% | -5.71% | 8.07% | 19.55% | 45.35% | 6.69% | 6.92% | 0.52% | 107.23% | 43.63% | |
net loss attributable to redeemable noncontrolling interests in consolidated real estate partnerships | -3,826,000 | -3,582,000 | -3,156,000 | -2,673,000 | -3,141,000 | -3,659,000 | -3,598,000 | -3,560,000 | -3,464,000 | -3,610,000 | -3,576,000 | -3,274,000 | -3,383,000 | -2,907,000 | -1,069,000 | -1,470,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net loss attributable to noncontrolling interests in consolidated real estate partnerships | -148,000 | -105,000 | -232,000 | -296,000 | 450,000 | 572,000 | 811,000 | 16,000 | -2,931,000 | -447,000 | -348,000 | -264,000 | -3,087,000 | -240,000 | -346,000 | 2,000 | -274,000 | -296,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net loss attributable to common noncontrolling interests in aimco operating partnership | -14,173,000 | -12,592,000 | 1,059,000 | 765,000 | 507,000 | 1,216,000 | 3,364,000 | 554,000 | 8,263,000 | 123,000 | 178,000 | 474,000 | 10,717,000 | -1,554,000 | -12,659,000 | 88,000 | 253,000 | 1,037,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to aimco | 300,516,000 | 286,713,000 | -19,305,000 | -13,916,000 | -9,820,000 | -21,936,000 | -60,526,000 | -10,186,000 | -151,499,000 | -2,260,000 | -3,602,000 | -8,817,000 | -201,091,000 | 29,472,000 | 239,137,000 | 8,209,000 | -1,418,000 | -5,016,000 | 5,242,500 | -25,007,000 | 39,255,000 | 6,722,000 | 133,512,000 | 1,979,000 | 64,459,000 | 274,133,000 | 7,407,000 | 569,991,000 | 5,037,000 | 83,792,000 | 264,389,000 | 19,635,000 | 18,052,000 | 13,698,000 | 164,407,000 | 15,513,000 | 224,433,000 | 26,057,000 | 69,656,000 | 21,925,000 | 63,869,000 | 63,869,000 | 93,260,000 | 39,252,000 | 128,028,000 | 77,042,000 | 64,927,000 | 123,218,000 | 67,232,000 | 10,948,000 | 5,892,000 | 68,926,000 | 38,781,000 | 22,800,000 | 1,949,000 | -23,451,000 | -19,260,000 | -21,463,000 | -14,922,000 | -7,825,000 | -27,518,000 | 6,207,000 | -27,502,000 | -18,444,000 | -24,530,000 | ||||||||||||||||||||||
earnings per common share - basic | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations attributable to aimco per common share | 1,150 | -600 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from discontinued operations attributable to aimco per common share | 1,000 | 2,640 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to aimco per common share – basic | 2,150 | 2,040 | -140 | -100 | -80 | -160 | -430 | -70 | -1,060 | -20 | -20 | -60 | -1,320 | 190 | 1,580 | 50 | -10 | -30 | -130 | 140 | 900 | 10 | 400 | 50 | 3,620 | 100 | 1,420 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per common share - diluted | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to aimco per common share – diluted | 2,070 | 2,040 | -140 | -100 | -80 | -160 | -430 | -70 | -1,060 | -20 | -20 | -60 | -1,320 | 190 | 1,570 | 50 | -10 | -30 | -130 | 140 | 890 | 10 | 400 | 60 | 3,610 | 100 | 1,410 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding – basic | 138,347,000 | 138,946,000 | 137,341,000 | 136,903,000 | 138,496,000 | 136,749,000 | 139,816,000 | 140,594,000 | 143,618,000 | 143,299,000 | 144,195,000 | 145,827,000 | 149,395,000 | 149,611,000 | 149,600,000 | 149,790,000 | 149,480,000 | 149,762,000 | 149,166,000 | 148,914,000 | 148,569,000 | 148,544,000 | 148,535,000 | 148,518,000 | 147,718,000 | 148,434,000 | 148,367,000 | 144,232,000 | 155,866,000 | 156,711,000 | 156,703,000 | 156,609,000 | 156,323,000 | 156,306,000 | 156,305,000 | 156,259,000 | 156,001,000 | 156,079,000 | 156,375,000 | 155,791,000 | 155,177,000 | 145,639,000 | 145,473,000 | 145,291,000 | 145,334,000 | 145,321,000 | |||||||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding – diluted | 141,057,000 | 138,946,000 | 137,341,000 | 136,903,000 | 138,496,000 | 136,749,000 | 139,816,000 | 140,594,000 | 143,618,000 | 143,299,000 | 144,195,000 | 145,827,000 | 150,834,000 | 151,197,000 | 150,423,000 | 150,348,000 | 149,480,000 | 149,762,000 | 149,166,000 | 149,046,000 | 148,569,000 | 148,544,000 | 148,553,000 | 148,786,000 | 147,944,000 | 148,636,000 | 148,599,000 | 144,445,000 | 156,053,000 | 156,938,000 | 156,833,000 | 156,740,000 | 156,796,000 | 156,835,000 | 156,715,000 | 156,754,000 | 156,391,000 | 156,527,000 | 156,793,000 | 156,117,000 | 155,570,000 | 146,002,000 | 145,681,000 | 145,532,000 | 145,563,000 | 145,674,000 | |||||||||||||||||||||||||||||||||||||||||
income before income tax | -11,405,000 | -11,797,000 | -9,976,000 | -23,879,000 | -63,291,000 | -9,926,000 | -155,296,000 | -4,536,000 | -273,000 | -9,949,000 | -212,412,000 | 16,610,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on dispositions of real estate | 6,106,000 | 1,878,000 | 11,801,000 | 47,238,000 | -34,000 | 64,310,000 | 291,473,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized and unrealized gains on interest rate options | 1,672,000 | -2,161,000 | 955,000 | 3,383,000 | -1,057,000 | 200,000 | 9,209,000 | 20,017,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from unconsolidated real estate partnerships | 312,000 | 261,000 | 320,000 | 121,000 | 174,000 | 179,000 | 277,000 | 170,000 | 182,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mezzanine investment income | -154,801,000 | -757,000 | -128,000 | -128,000 | -204,229,000 | 8,423,000 | 8,330,000 | 8,237,000 | 7,782,000 | 7,636,000 | 7,551,000 | 7,467,000 | 7,023,000 | 6,870,000 | 6,936,000 | 6,747,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
lease modification income | 1,577,000 | 205,387,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gains on dispositions of real estate | 5,859,000 | 75,539,000 | 94,598,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before income tax benefit | 299,168,000 | 6,056,000 | -3,419,750 | -6,867,000 | -23,146,000 | 16,334,000 | -35,427,000 | -26,562,000 | 40,325,000 | 5,744,000 | 141,573,000 | 874,000 | 68,169,000 | 294,276,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized gains on interest rate options | 18,778,000 | -4,099,000 | 2,231,000 | -16,970,000 | 25,347,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to common noncontrolling interests in aimco operating partnership | -435,000 | -1,081,000 | -2,107,000 | -368,000 | -7,262,000 | -116,000 | -3,534,000 | -15,137,000 | -324,000 | -30,198,000 | -140,000 | -3,755,000 | -12,293,000 | -820,000 | -787,000 | -557,000 | -7,869,000 | -192,000 | -11,135,000 | -1,172,000 | -3,291,000 | -893,000 | -2,972,000 | -2,972,000 | -4,398,000 | -1,875,000 | -6,549,000 | -3,735,000 | -3,611,000 | -1,167,000 | -3,796,000 | 737,000 | 2,420,000 | 2,383,000 | 1,661,000 | 2,263,000 | 1,312,000 | 3,069,000 | 2,835,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
noncontrolling interests: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net loss attributable to redeemable noncontrolling interest in consolidated real estate partnership | -10,250 | -127,000 | -66,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other expenses | 2,918,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (income) attributable to noncontrolling interests in consolidated real estate partnerships | -275,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to aimco common stockholders | -19,690,000 | 20,214,000 | -25,886,000 | -25,046,000 | 39,212,000 | 6,679,000 | 133,339,000 | 2,003,000 | 59,234,000 | 271,568,000 | 5,226,000 | 567,029,000 | 2,817,000 | 81,525,000 | 262,097,000 | 17,430,000 | 15,843,000 | 11,491,000 | 162,000,000 | 11,176,000 | 221,382,000 | 23,223,000 | 66,639,000 | 19,179,000 | 60,804,000 | 60,804,000 | 89,344,000 | 36,272,000 | 124,706,000 | 75,010,000 | 64,234,000 | 122,124,000 | 66,268,000 | 10,107,000 | 5,050,000 | 68,069,000 | 24,163,000 | 523,000 | -10,609,000 | -33,177,000 | -31,773,000 | -38,427,000 | -28,500,000 | -17,995,000 | -40,440,000 | -6,728,000 | -40,490,000 | -29,921,000 | -37,696,000 | ||||||||||||||||||||||||||||||||||||||
other incomes | 363,000 | -25,997,000 | 17,571,000 | 4,239,000 | 1,642,000 | 4,769,000 | 4,411,000 | 4,209,000 | 5,703,000 | -9,846,000 | 5,780,000 | 4,366,000 | 2,958,000 | 4,544,000 | 2,344,000 | 2,727,000 | 1,738,000 | 5,656,000 | 1,543,000 | 5,526,000 | 1,570,000 | 2,847,000 | 3,590,000 | 2,912,000 | 2,912,000 | 1,019,000 | 5,367,000 | 1,408,000 | 2,224,000 | 4,262,000 | 5,230,000 | 427,000 | 6,269,000 | 3,928,000 | 7,885,000 | 4,394,000 | -6,693,000 | 3,144,000 | 3,324,000 | 8,548,000 | 4,398,000 | 2,292,000 | 12,623,000 | -3,944,000 | 5,061,000 | ||||||||||||||||||||||||||||||||||||||||||
net income attributable to redeemable noncontrolling interest in consolidated real estate partnership | 152,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (income) loss attributable to noncontrolling interests in consolidated real estate partnerships | -291,000 | -2,011,250 | -1,794,000 | -5,524,000 | -12,489,000 | -5,488,000 | -8,337,000 | -2,226,000 | -11,389,000 | -16,809,000 | -6,776,000 | -22,454,000 | -11,334,000 | -9,665,000 | -7,765,000 | -12,134,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment management expenses | 1,281,000 | 2,819,000 | 1,121,000 | 1,184,000 | 784,000 | 1,403,000 | 938,000 | 1,017,000 | 975,000 | 1,261,000 | 1,905,000 | 1,086,000 | 1,086,000 | 1,603,000 | 3,758,000 | 1,279,000 | 1,021,000 | 1,252,000 | 838,000 | 373,000 | 1,697,000 | 1,433,000 | 2,563,000 | 2,817,000 | 3,240,000 | 3,388,000 | 2,187,000 | 3,031,000 | 3,508,000 | 2,609,000 | 5,141,000 | 3,229,000 | 3,060,000 | 4,213,000 | 4,716,000 | 3,789,000 | 5,530,000 | 5,842,000 | 5,728,000 | 4,289,000 | |||||||||||||||||||||||||||||||||||||||||||||||
net income (income) attributable to noncontrolling interests in consolidated real estate partnerships | 38,250 | 154,000 | 17,000 | -25,750 | 58,000 | -378,750 | 249,000 | -1,020,500 | 785,000 | 6,150,000 | 4,962,000 | 2,771,000 | 7,305,000 | 11,506,000 | 11,213,000 | 2,716,000 | 6,273,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to preferred noncontrolling interests in aimco operating partnership | -1,353,750 | -1,687,000 | -1,859,000 | -1,869,000 | -1,908,000 | -1,933,000 | -1,933,000 | -1,934,000 | -1,934,000 | -1,934,000 | -1,934,000 | -1,937,000 | -1,938,000 | -1,938,000 | -1,939,000 | -1,949,000 | -1,963,000 | -1,842,000 | -1,708,000 | -1,726,000 | -1,735,000 | -1,736,000 | -1,736,000 | -1,736,000 | -1,736,000 | -1,689,000 | -1,601,000 | -1,602,000 | -1,605,000 | -1,605,000 | -1,606,000 | -1,606,000 | -1,606,000 | -1,606,000 | -1,609,000 | -1,611,000 | -1,670,000 | -1,671,000 | -1,671,000 | -1,683,000 | -1,693,000 | -1,730,000 | -1,743,000 | -1,746,000 | -1,069,000 | ||||||||||||||||||||||||||||||||||||||||||
net income (income) attributable to common noncontrolling interests in aimco operating partnership | 1,403,000 | 1,341,000 | 758,000 | 3,139,000 | 2,623,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to noncontrolling interests | -1,599,000 | -192,000 | -3,949,000 | -2,255,000 | -9,254,000 | -1,991,000 | -5,537,000 | -17,162,000 | -2,433,000 | -33,926,000 | -2,119,000 | -11,898,000 | -21,800,000 | -2,509,000 | -3,539,000 | -3,457,000 | -12,992,000 | -14,523,000 | -21,520,000 | -3,828,000 | -5,720,000 | -1,844,000 | -4,819,000 | -4,819,000 | -10,890,000 | -6,207,000 | -16,487,000 | -1,287,500 | -12,178,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to aimco preferred stockholders | -5,187,000 | -2,148,000 | -2,148,000 | -2,148,000 | -2,149,000 | -2,148,000 | -2,149,000 | -2,148,000 | -2,149,000 | -2,148,000 | -2,156,000 | -4,323,000 | -2,758,000 | -2,757,000 | -2,757,000 | -2,757,000 | -2,758,000 | -2,758,000 | -3,522,000 | -2,860,000 | -2,875,000 | -1,758,000 | -454,000 | -699,000 | -702,000 | -701,000 | -702,000 | -752,000 | -14,515,000 | -22,182,000 | -12,439,000 | -9,672,000 | -12,456,000 | -16,964,000 | -13,576,000 | -10,128,000 | -12,922,000 | -12,935,000 | -12,988,000 | -11,477,000 | 13,166,000 | ||||||||||||||||||||||||||||||||||||||||||||||
net (income) loss attributable to participating securities | -31,250 | -39,000 | -96,000 | -14,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to aimco per common share – basic and diluted | 35 | -170 | 260 | 40 | 1,880 | 20 | 520 | 72.5 | 110 | 70 | 410 | 70 | 150 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to participating securities | -43,000 | -43,000 | -38,000 | -417,000 | -33,000 | -814,000 | -71,000 | -119,000 | -143,000 | -57,000 | -60,000 | -59,000 | -293,000 | -77,000 | -307,000 | -307,000 | -394,000 | -120,000 | -447,000 | -274,000 | -239,000 | -395,000 | -262,000 | -140,000 | -140,000 | -105,000 | -103,000 | -95,000 | -119,000 | -54,000 | -57,000 | -2,000 | -42,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to noncontrolling interests in consolidated real estate partnerships | -18,000 | -70,000 | -91,000 | -45,000 | -6,206,000 | -813,000 | -951,000 | -8,677,000 | -930,000 | -111,000 | -111,000 | -4,756,000 | 2,223,000 | -19,342,000 | -11,695,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
rental and other property revenues attributable to real estate | 230,032,000 | 229,827,000 | 224,200,000 | 230,235,000 | 232,022,000 | 234,048,000 | 231,130,000 | 225,393,000 | 231,509,000 | 233,708,000 | 227,703,000 | 225,228,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
asset management business rental and tax credit revenues | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total revenues | 230,032,000 | 229,827,000 | 224,200,000 | 230,235,000 | 232,022,000 | 242,481,000 | 250,187,000 | 247,720,000 | 255,229,000 | 254,635,000 | 249,092,000 | 246,481,000 | 249,493,000 | 248,904,000 | 251,218,000 | 246,239,000 | 245,875,000 | 246,387,000 | 244,783,000 | 244,783,000 | 244,265,000 | 242,178,000 | 246,843,000 | 246,418,000 | 248,924,000 | 219,483,000 | 254,514,000 | 259,662,000 | 255,450,000 | 245,361,000 | 267,448,000 | 270,872,000 | 273,799,000 | 281,035,000 | 286,553,000 | 275,754,000 | 292,302,000 | 294,991,000 | 292,976,000 | 233,833,000 | 319,346,000 | 334,798,000 | 349,276,000 | 298,786,000 | 395,978,000 | 423,781,000 | 432,602,000 | 441,806,000 | 431,204,000 | 438,313,000 | 430,762,000 | 403,951,000 | 435,671,000 | 434,959,000 | 430,057,000 | 98,415,500 | 393,662,000 | 398,172,000 | 391,015,000 | 93,528,500 | 374,114,000 | ||||||||||||||||||||||||||
yoy | -0.86% | -5.22% | -10.39% | -7.06% | -9.09% | -4.77% | 0.44% | 0.50% | 2.30% | 2.30% | -0.85% | 0.10% | 1.47% | 1.02% | 2.63% | 0.59% | 0.66% | 1.74% | -0.83% | -0.66% | -1.87% | 10.34% | -3.01% | -5.10% | -2.55% | -10.55% | -4.84% | -4.14% | -6.70% | -3.62% | -4.45% | -4.73% | -2.19% | 17.93% | -8.47% | -11.89% | -16.12% | -21.74% | -19.35% | -21.00% | -19.26% | -32.37% | -8.17% | -3.32% | 0.43% | 9.37% | -1.03% | 0.77% | 0.16% | 310.45% | 10.67% | 9.24% | 9.98% | 5.23% | 5.23% | ||||||||||||||||||||||||||||||||
qoq | 0.09% | 2.51% | -2.62% | -0.77% | -4.31% | -3.08% | 1.00% | -2.94% | 0.23% | 2.23% | 1.06% | -1.21% | 0.24% | -0.92% | 2.02% | 0.15% | -0.21% | 0.66% | 0.00% | 0.21% | 0.86% | -1.89% | 0.17% | -1.01% | 13.41% | -13.76% | -1.98% | 1.65% | 4.11% | -8.26% | -1.26% | -1.07% | -1.93% | 3.92% | -5.66% | -0.91% | 0.69% | 25.29% | -26.78% | -4.62% | -4.15% | 16.90% | -24.54% | -6.56% | -2.04% | -2.08% | 2.46% | -1.62% | 1.75% | 6.64% | -7.28% | 0.16% | 1.14% | 336.98% | -75.00% | -1.13% | 1.83% | 318.07% | -75.00% | ||||||||||||||||||||||||||||
property operating expenses attributable to real estate | 78,768,000 | 77,430,000 | 75,839,000 | 79,184,000 | 75,329,000 | 78,254,000 | 76,031,000 | 78,287,000 | 79,120,000 | 81,179,000 | 79,014,000 | 79,626,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property operating expenses of partnerships served by asset management business | 56,000 | 2,608,000 | 9,062,000 | 9,195,000 | 8,995,000 | 8,865,000 | 8,382,000 | 8,694,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on dispositions of real estate and the asset management business | 146,239,000 | 1,146,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other | 147,750 | 288,000 | 231,000 | 72,000 | -64,000 | -283,000 | 200,000 | 224,000 | 92,000 | 6,937,000 | 200,000 | 465,000 | 530,000 | 558,000 | 4,906,000 | 77,000 | -244,000 | -1,983,000 | 350,000 | 350,000 | 2,264,000 | -772,000 | 1,733,000 | 189,000 | -1,979,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income (income) attributable to participating securities | -107,750 | 24,000 | -172,500 | 11,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
rental and other property revenues of partnerships served by asset management business | 5,022,000 | 19,000,000 | 18,808,000 | 18,719,000 | 18,232,000 | 18,533,000 | 18,562,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tax credit and transaction revenues | 3,411,000 | 57,000 | 3,519,000 | 5,001,000 | 2,695,000 | 2,856,000 | 2,691,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating income | 37,423,000 | 46,954,000 | 49,361,000 | 53,377,000 | 17,283,000 | 59,205,000 | 59,706,000 | 57,789,000 | 60,094,000 | 58,732,000 | 64,436,000 | 63,534,000 | 65,484,000 | 64,021,000 | 65,643,000 | 65,643,000 | 61,067,000 | 63,808,000 | 67,467,000 | 65,797,000 | 65,173,000 | 63,053,000 | 67,879,000 | 64,524,000 | 57,807,000 | 56,068,000 | 50,731,000 | 48,015,000 | 43,195,000 | 49,791,000 | 41,474,000 | 31,964,000 | 37,433,000 | 39,746,000 | 25,434,000 | 38,486,000 | -247,000 | 37,263,000 | 41,986,000 | -1,170,000 | 71,712,000 | 89,493,000 | 69,548,000 | 95,295,000 | 81,664,000 | 95,343,000 | 79,464,000 | 67,612,000 | 87,521,000 | 95,588,000 | 88,967,000 | 227,850,000 | 71,591,000 | 84,259,000 | 78,708,000 | 244,260,000 | 84,498,000 | ||||||||||||||||||||||||||||||
yoy | 116.53% | -20.69% | -17.33% | -7.63% | -71.24% | 0.81% | -7.34% | -9.04% | -8.23% | -8.26% | -1.84% | -3.21% | 7.23% | 0.33% | -2.70% | -0.23% | -6.30% | 1.20% | -0.61% | 1.97% | 12.74% | 12.46% | 33.80% | 34.38% | 33.83% | -3.57% | 4.15% | 25.27% | 63.07% | -16.95% | -15255.06% | 6.66% | -39.42% | -3389.40% | -100.34% | -58.36% | -39.63% | -101.23% | -12.19% | -6.14% | -12.48% | 40.94% | -6.69% | -0.26% | -10.68% | -70.33% | 22.25% | 13.45% | 13.03% | -6.72% | -15.27% | ||||||||||||||||||||||||||||||||||||
qoq | -20.30% | -4.88% | -7.52% | 208.84% | -70.81% | -0.84% | 3.32% | -3.84% | 2.32% | -8.85% | 1.42% | -2.98% | 2.29% | -2.47% | 0.00% | 7.49% | -4.30% | -5.42% | 2.54% | 0.96% | 3.36% | -7.11% | 5.20% | 11.62% | 3.10% | 10.52% | 5.66% | 11.16% | 20.05% | 29.75% | -14.61% | -5.82% | 56.27% | -33.91% | -15681.38% | -100.66% | -11.25% | -3688.55% | -101.63% | -19.87% | 28.68% | -27.02% | 16.69% | -14.35% | 19.98% | 17.53% | -22.75% | -8.44% | 7.44% | -60.95% | 218.27% | -15.03% | 7.05% | -67.78% | 189.07% | ||||||||||||||||||||||||||||||||
operating margin % | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | NaN% | 0% | 0% | 0% | 0% | 16.13% | 19.36% | 19.73% | 21.55% | 6.77% | 23.25% | 23.97% | 23.45% | 24.09% | 23.60% | 25.65% | 25.80% | 26.63% | 25.98% | 26.82% | 26.82% | 25.00% | 26.35% | 27.33% | 26.70% | 26.18% | 28.73% | 26.67% | 24.85% | 22.63% | 22.85% | 18.97% | 17.73% | 15.78% | NaN% | 17.72% | 14.47% | 11.59% | 12.81% | 13.47% | 8.68% | 16.46% | -0.08% | 11.13% | 12.02% | -0.39% | 18.11% | 21.12% | 16.08% | 21.57% | 18.94% | 21.75% | 18.45% | 16.74% | 20.09% | 21.98% | 20.69% | 231.52% | 18.19% | 21.16% | 20.13% | 261.16% | 22.59% | |
income before income taxes and gain on dispositions | 3,602,000 | 3,891,000 | 2,539,000 | 7,978,000 | -29,737,000 | 17,507,000 | 15,060,000 | 12,564,000 | 12,096,000 | 12,076,000 | 22,291,000 | 17,812,000 | 11,279,750 | 15,490,000 | 18,093,000 | 18,093,000 | 11,536,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before gain on dispositions | 21,033,000 | 31,832,000 | 6,934,000 | 45,366,000 | -12,489,000 | 22,377,000 | 20,083,000 | 17,549,000 | 20,835,000 | 15,538,000 | 29,412,000 | 23,698,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on dispositions of real estate and the asset management business, inclusive of related income tax | 155,657,750 | 572,085,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends declared per common share | 285 | 380 | 380 | 380 | 270 | 360 | 360 | 360 | 247.5 | 330 | 330 | 330 | 220 | 300 | 300 | 300 | 280 | 195 | 260 | 260 | 260 | 180 | 240 | 240 | 240 | 140 | 200 | 180 | 180 | 120 | 120 | 100 | 100 | 100 | 200 | 100 | 100 | 2,360 | 2,810 | 600 | 2,910 | 600 | 600 | 1,200 | 600 | 600 | 600 | 2,400 | 600 | 600 | 600 | 1,800 | 600 | ||||||||||||||||||||||||||||||||||
gain on dispositions of real estate, inclusive of related income tax | 222,000 | 50,324,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on dispositions of real estate, inclusive of tax | 220,250 | -233,000 | -394,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on dispositions of real estate, net of tax | 1,508,000 | 156,564,000 | 14,498,000 | 216,541,000 | 6,187,000 | 50,119,000 | 44,781,000 | 44,781,000 | 85,693,000 | 26,153,000 | 126,329,000 | 66,662,000 | 69,492,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tax credit and asset management revenues | 3,429,000 | 4,789,000 | 8,347,000 | 4,758,000 | 6,229,000 | 6,005,000 | 6,146,000 | 6,146,000 | 5,976,000 | 8,848,000 | 6,970,000 | 6,926,000 | 8,788,000 | 12,364,000 | 7,397,000 | 7,809,000 | 7,252,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from real estate impairment losses | 407,000 | 1,413,000 | -2,452,000 | 2,453,000 | 6,707,000 | 6,364,000 | -579,750 | -2,319,000 | -2,518,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations | 25,257,000 | 23,769,000 | 23,907,000 | 23,907,000 | 18,457,000 | 19,306,000 | 18,186,000 | 17,943,000 | 12,040,000 | 22,356,000 | 8,195,000 | 4,188,000 | 702,000 | 8,863,000 | 4,569,000 | -11,461,000 | -24,224,000 | -43,440,000 | -30,584,000 | -41,945,000 | -48,181,000 | -36,333,000 | -37,718,000 | -37,336,000 | -78,674,000 | -47,769,000 | -36,257,000 | -143,858,000 | 63,995,000 | -18,015,000 | -26,213,000 | -20,742,000 | -17,804,000 | -1,710,000 | -7,296,000 | -8,903,000 | -36,348,000 | -3,034,000 | 5,592,000 | -19,455,000 | -8,442,000 | -1,799,000 | -2,541,000 | 28,695,000 | 27,001,000 | ||||||||||||||||||||||||||||||||||||||||||
earnings attributable to aimco per common share – basic | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings attributable to aimco per common share – diluted | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings attributable to aimco per common share – basic and diluted | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before income taxes, discontinued operations and gain on dispositions | 8,764,750 | 13,181,000 | 12,596,000 | 9,282,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from discontinued operations | 126,247,000 | 71,215,000 | 2,791,000 | 2,131,000 | 88,385,000 | 48,766,000 | 45,592,000 | 34,871,000 | 16,469,000 | 3,307,000 | 7,733,000 | 19,699,000 | 26,163,000 | 20,958,000 | 42,292,000 | 69,118,000 | 40,143,000 | 3,688,000 | 152,029,000 | 111,804,000 | 274,054,000 | 1,667,000 | 8,461,000 | 15,463,000 | 21,039,000 | 32,504,000 | 91,403,000 | 11,473,000 | 38,126,000 | 78,479,000 | 64,085,000 | 34,794,000 | 29,365,000 | 4,573,000 | 75,551,000 | 136,207,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
net (income) loss attributable to noncontrolling interests | -7,563,000 | -16,605,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations attributable to aimco common stockholders | 440 | 230 | 50 | 20 | 10 | -70 | -300 | -300 | -350 | -300 | -360 | -360 | -300 | -440 | -390 | -640 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from discontinued operations attributable to aimco common stockholders | 610 | 410 | 50 | 30 | 490 | 240 | 300 | 210 | 70 | 30 | 30 | 110 | 150 | 90 | 330 | 290 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in income (losses) of unconsolidated real estate partnerships | 21,000 | 277,000 | 104,000 | 524,000 | -700,000 | 206,000 | 7,951,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on dispositions and other | -1,138,250 | -1,899,000 | -1,154,000 | -1,510,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before income taxes and discontinued operations | 20,181,000 | 8,118,000 | 4,304,000 | 752,000 | 8,520,000 | 4,455,000 | -11,691,000 | -24,685,000 | -45,697,000 | -33,112,000 | -48,360,000 | -52,830,000 | -39,931,000 | -41,489,000 | -48,812,000 | -81,084,000 | -50,849,000 | -39,273,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (income) loss attributable to common noncontrolling interests in aimco operating partnership | -575,000 | -297,000 | -4,262,000 | -1,611,000 | -55,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income (income) attributable to noncontrolling interests | 3,969,000 | 3,059,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding – basic and diluted | 145,169,000 | 134,479,000 | 144,959,000 | 127,395,000 | 119,312,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
revenues: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
asset management and tax credit revenues | 6,920,250 | 10,696,000 | 8,914,000 | 8,071,000 | 7,651,000 | 9,236,000 | 11,993,000 | 9,707,000 | 9,596,000 | 4,257,000 | 17,384,000 | 10,325,000 | 12,606,000 | 9,539,000 | 16,841,000 | 32,755,000 | 38,175,000 | 12,852,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating expenses: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on dispositions of interests in unconsolidated real estate and other | 1,251,000 | 16,024,000 | 4,314,000 | 2,180,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total noncontrolling interests | -28,322,000 | -14,554,000 | -11,331,000 | -8,698,000 | 3,520,000 | 8,017,000 | 12,749,000 | 13,560,000 | 2,345,000 | -10,758,000 | 1,251,000 | -17,946,000 | -10,818,000 | 8,039,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in losses of unconsolidated real estate partnerships | -2,242,000 | -763,000 | -12,541,000 | -15,522,000 | -4,091,000 | -4,198,000 | -1,029,000 | -2,986,000 | 536,000 | -169,000 | -574,000 | -1,863,000 | -2,587,000 | -552,000 | -418,000 | -902,000 | -299,250 | -1,197,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings attributable to aimco per common share — basic and diluted | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding — basic and diluted | 120,526,000 | 117,320,000 | 116,369,000 | 114,301,000 | 121,213,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other incomes (income) | 5,222,000 | 5,459,000 | 6,795,000 | -5,490,000 | -4,272,000 | 2,191,000 | -862,000 | -30,000 | 2,279,000 | 666,000 | -2,912,000 | -3,402,000 | -812,000 | -717,000 | 3,627,000 | -215,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(benefit from) recovery of losses on notes receivable | -36,000 | -71,000 | -6,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in (losses) earnings of unconsolidated real estate partnerships | -1,798,000 | -7,224,000 | -857,750 | -1,559,000 | -843,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on dispositions of unconsolidated real estate and other | 808,000 | 1,212,000 | 5,235,000 | 924,000 | 4,970,000 | 2,642,000 | 3,914,000 | 3,345,000 | 3,750,000 | 10,862,000 | -743,000 | 100,359,000 | 139,000 | -44,000 | 4,875,000 | 5,841,000 | 639,000 | 20,422,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding, basic and diluted | 119,156,000 | 116,434,000 | 116,323,000 | 116,035,000 | 115,510,000 | 115,099,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from losses on notes receivable | -17,000 | -426,000 | -1,534,000 | -150,000 | -534,000 | -1,159,000 | -1,543,000 | -168,000 | -672,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in (losses) income of unconsolidated real estate partnerships | -1,648,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per common share — basic and diluted: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from operating real estate impairment losses | 65,000 | 287,000 | -22,337,000 | 21,676,000 | 4,988,000 | -1,760,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment losses related to unconsolidated real estate partnerships | -314,750 | -131,000 | -275,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income (income) attributable to preferred noncontrolling interests in aimco operating partnership | -823,000 | 84,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
recovery of losses on notes receivable | 148,000 | -113,000 | 1,233,000 | -2,067,000 | 46,000 | -502,000 | -262,000 | 1,571,000 | -206,000 | -34,000 | 1,592,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per common share — basic and diluted | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property management revenues, primarily from affiliates | 984,000 | 1,114,000 | 1,340,000 | 1,644,000 | 1,599,000 | 1,227,000 | 1,415,000 | 2,104,000 | 1,731,000 | 1,824,000 | 1,271,000 | 2,096,000 | 3,091,000 | 2,599,000 | 3,592,000 | 3,030,000 | 18,434,000 | 6,094,000 | 5,926,000 | 6,664,000 | 23,748,000 | 8,713,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property management expenses | 454,000 | 510,000 | 472,000 | 1,433,000 | 1,367,000 | 1,560,000 | 1,187,000 | 1,271,000 | 753,000 | 1,190,000 | 2,072,000 | 1,206,000 | 1,285,000 | 984,000 | 2,151,000 | 492,000 | 5,374,000 | 1,918,000 | 1,829,000 | 2,521,000 | 6,793,000 | 2,406,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding, basic | 115,563,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding, diluted | 115,563,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity losses of unconsolidated real estate partnerships | -1,696,000 | -2,040,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations attributable to aimco | -410 | -330 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from discontinued operations attributable to aimco | 150 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(benefit from) recoveries of losses on notes receivable | -946,500 | -2,093,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deficit distributions to minority partners | -20,032,000 | -17,798,000 | -1,265,000 | -4,148,000 | -24,017,000 | -11,958,000 | -2,028,000 | -1,270,000 | -875,000 | -14,072,000 | -4,096,000 | -2,251,000 | -8,975,000 | -2,977,000 | -1,698,000 | -1,472,000 | -10,183,000 | -7,824,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before minority interests and discontinued operations | 572,500 | 59,040,000 | -17,175,000 | -35,685,000 | -25,384,000 | -20,676,000 | -1,484,000 | -2,313,000 | -5,222,250 | -17,500,000 | -3,457,000 | -924,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interests: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interest in consolidated real estate partnerships | 6,489,000 | 11,355,000 | -2,352,000 | 6,969,000 | 2,806,000 | 1,195,000 | -265,000 | -5,726,000 | -1,565,000 | -23,611,000 | -351,000 | 6,326,000 | 980,000 | 3,920,000 | 1,664,000 | 3,490,000 | 393,750 | 1,575,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interest in aimco operating partnership, preferred | -1,977,000 | -1,962,000 | -1,925,000 | -1,782,000 | -1,782,000 | -1,782,000 | -1,782,000 | -1,782,000 | -1,785,000 | -1,785,000 | -1,785,000 | -1,798,000 | -451,500 | -1,806,000 | -1,806,000 | -1,812,000 | -492,000 | -1,968,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interest in aimco operating partnership, common | 12,628,000 | -4,438,000 | 3,437,000 | 4,285,000 | 3,618,000 | 3,459,000 | 1,821,000 | 2,525,000 | 2,644,000 | 6,548,000 | 2,559,000 | 1,988,000 | 851,250 | 3,405,000 | 2,676,000 | 2,946,000 | -64,250 | -257,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total minority interests | 17,140,000 | 4,955,000 | -840,000 | 9,472,000 | -226,000 | -4,983,000 | -706,000 | -18,848,000 | 423,000 | 6,516,000 | 1,379,750 | 5,519,000 | 2,534,000 | 4,624,000 | -162,500 | -650,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to preferred stockholders | 13,606,000 | 12,224,000 | 13,670,000 | 14,208,000 | 14,301,000 | 19,020,000 | 16,346,000 | 16,348,000 | 16,388,000 | 21,656,000 | 19,034,000 | 24,054,000 | 66,255,000 | 21,693,000 | 21,693,000 | 22,869,000 | 64,137,000 | 24,667,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to common stockholders | -5,435,000 | 163,575,000 | 242,369,000 | -38,754,000 | -26,582,000 | -21,361,000 | 2,983,000 | 8,860,000 | 66,112,000 | -46,531,000 | 16,058,000 | 60,017,000 | -21,625,000 | 4,659,000 | 5,873,000 | -20,837,000 | 36,152,000 | 138,541,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per common share — basic: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per common share — diluted: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding | 89,650,000 | 87,790,000 | 90,973,000 | 99,629,000 | 95,017,000 | 95,973,000 | 95,971,000 | 95,758,000 | 96,061,000 | 96,071,000 | 95,183,000 | 93,894,000 | 94,041,000 | 93,807,000 | 93,448,000 | 93,118,000 | 93,247,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares and equivalents outstanding | 90,266,000 | 87,790,000 | 90,973,000 | 99,629,000 | 95,017,000 | 95,973,000 | 95,971,000 | 95,758,000 | 96,061,000 | 96,071,000 | 95,183,000 | 93,894,000 | 94,041,000 | 93,807,000 | 93,448,000 | 93,118,000 | 93,394,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
activity fees and asset management revenues | 34,201,000 | 12,747,000 | 15,178,000 | 11,630,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
activity and asset management expenses | 5,345,000 | 6,399,000 | 6,076,000 | 5,654,000 | 2,777,000 | 1,073,000 | 3,239,000 | 2,432,000 | 7,846,000 | 2,760,000 | 2,305,000 | 2,608,000 | 9,530,000 | 2,272,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
recoveries of losses on notes receivable | -531,000 | 153,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in earnings (losses) of unconsolidated real estate partnerships | -427,500 | 348,000 | 930,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
recoveries of real estate impairment losses | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total minority interests: | -531,000 | 2,872,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to common unitholders | -25 | -220 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
recoveries of (provision) for losses on notes receivable | -735,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per common share – basic: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per common share – diluted: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
activity fees and asset management revenues, primarily from affiliates | 8,035,750 | 10,470,000 | 12,133,000 | 9,539,000 | 29,331,000 | 8,018,000 | 6,680,000 | 8,017,000 | 28,816,000 | 5,985,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
expenses: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total expenses | 254,375,500 | 348,150,000 | 339,371,000 | 341,090,000 | 80,517,750 | 322,071,000 | 313,913,000 | 312,307,000 | 72,404,000 | 289,616,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
recovery of (impairment losses) related to real estate partnerships | 203,250 | -158,000 | -15,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on dispositions of real estate related to unconsolidated entities and other | 5,349,250 | 7,641,000 | 4,060,000 | 9,696,000 | 8,392,000 | 8,097,000 | 2,915,000 | 1,858,000 | 29,496,000 | 39,138,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment losses related to real estate partnerships | -71,000 | -4,942,000 | -1,178,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before minority interests, discontinued operations and cumulative effect of change in accounting principle | -26,364,000 | -13,961,000 | -4,333,000 | -7,165,000 | 14,158,000 | 27,651,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before cumulative effect of change in accounting principle | 44,630,000 | 26,352,000 | 27,566,000 | 2,032,000 | 104,246,000 | 163,208,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cumulative effect of change in accounting principle | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(impairment losses) recoveries related to unconsolidated real estate partnerships | -256,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment loss on investment in unconsolidated real estate partnerships | -145,750 | -583,000 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-12-31 | 2009-09-30 | 2009-06-30 | 2009-03-31 | 2008-12-31 | 2008-09-30 | 2008-06-30 | 2008-03-31 | 2007-12-31 | 2007-09-30 | 2007-06-30 | 2007-03-31 | 2006-12-31 | 2006-09-30 | 2006-06-30 | 2006-03-31 | 2005-12-31 | 2005-09-30 | 2005-06-30 | 2005-03-31 | 2004-12-31 | 2004-09-30 |
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assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
buildings and improvements | 1,143,707,000 | 1,379,865,000 | 1,372,255,000 | 1,348,925,000 | 1,691,608,000 | 1,657,258,000 | 1,638,190,000 | 1,593,802,000 | 1,546,503,000 | 1,467,732,000 | 1,391,963,000 | 1,322,381,000 | 1,248,005,000 | 1,269,624,000 | 1,323,647,000 | 1,257,214,000 | 1,202,279,000 | 1,107,929,000 | 1,050,817,000 | 995,116,000 | 7,006,395,000 | 6,928,584,000 | 6,967,143,000 | 6,868,543,000 | 6,848,162,000 | 6,570,710,000 | 6,493,539,000 | 6,552,065,000 | 6,503,956,000 | 6,407,863,000 | 6,349,549,000 | 6,174,149,000 | 6,264,146,000 | 6,179,005,000 | 6,181,617,000 | 6,627,374,000 | 6,481,206,000 | 6,283,998,000 | 6,525,006,000 | 6,446,326,000 | 6,421,572,000 | 6,349,056,000 | 6,304,829,000 | 6,259,318,000 | 6,069,042,000 | 6,169,512,000 | 6,342,221,000 | 6,332,723,000 | 6,481,745,000 | 6,511,811,000 | 6,450,361,000 | 6,390,253,000 | 6,593,894,000 | 6,773,507,000 | 6,851,120,000 | 6,959,172,000 | 6,993,515,000 | 7,278,391,000 | 7,328,734,000 | 7,419,643,000 | 7,461,121,000 | 7,491,474,000 | 7,479,480,000 | 7,999,462,000 | 8,231,111,000 | 8,568,442,000 | 8,552,635,000 | 8,752,890,000 | 9,275,563,000 | 9,740,883,000 | 9,724,669,000 | 9,732,036,000 | 9,486,611,000 | 9,612,545,000 | 9,561,537,000 | 9,690,408,000 | 9,621,985,000 | 9,668,850,000 | 8,690,782,000 | 8,692,623,000 | 8,976,192,000 | 8,852,661,000 | 8,588,649,000 | 8,423,560,000 |
land | 242,927,000 | 397,767,000 | 397,968,000 | 398,182,000 | 620,029,000 | 620,246,000 | 620,488,000 | 620,821,000 | 638,007,000 | 638,660,000 | 640,892,000 | 641,102,000 | 639,272,000 | 601,757,000 | 574,434,000 | 534,285,000 | 534,092,000 | 518,954,000 | 506,968,000 | 505,153,000 | 1,891,763,000 | 1,866,009,000 | 1,869,465,000 | 1,869,048,000 | 1,887,424,000 | 1,741,531,000 | 1,731,980,000 | 1,756,525,000 | 1,765,678,000 | 1,763,788,000 | 1,761,238,000 | 1,753,604,000 | 1,827,748,000 | 1,824,672,000 | 1,824,672,000 | 1,858,792,000 | 1,925,303,000 | 1,847,582,000 | 1,861,157,000 | 1,861,157,000 | 1,878,350,000 | 1,881,739,000 | 1,883,128,000 | 1,885,640,000 | 1,771,545,000 | 1,811,503,000 | 1,867,270,000 | 1,881,358,000 | 1,937,239,000 | 1,952,811,000 | 1,940,653,000 | 1,943,166,000 | 2,006,360,000 | 2,060,115,000 | 2,060,726,000 | 2,097,137,000 | 2,107,082,000 | 2,128,831,000 | 2,139,431,000 | 2,166,213,000 | 2,179,744,000 | 2,186,724,000 | 2,183,927,000 | 2,243,403,000 | 2,273,852,000 | 2,337,853,000 | 2,332,457,000 | 2,440,154,000 | 2,551,108,000 | 2,642,050,000 | 2,659,265,000 | 2,452,584,000 | 2,608,316,000 | 2,450,066,000 | 2,420,948,000 | 2,340,744,000 | 2,337,304,000 | 2,356,444,000 | 2,299,039,000 | 2,293,876,000 | 2,365,560,000 | 2,321,226,000 | 2,211,109,000 | 2,162,735,000 |
total real estate | 1,386,634,000 | 1,777,632,000 | 1,770,223,000 | 1,747,107,000 | 2,311,637,000 | 2,277,504,000 | 2,258,678,000 | 2,214,623,000 | 2,184,510,000 | 2,106,392,000 | 2,032,855,000 | 1,963,483,000 | 1,887,277,000 | 1,871,381,000 | 1,898,081,000 | 1,791,499,000 | 1,736,371,000 | 1,626,883,000 | 1,557,785,000 | 1,500,269,000 | 8,898,158,000 | 8,794,593,000 | 8,836,608,000 | 8,737,591,000 | 8,735,586,000 | 8,312,241,000 | 8,225,519,000 | 8,308,590,000 | 8,269,634,000 | 8,171,651,000 | 8,110,787,000 | 7,927,753,000 | 8,091,894,000 | 8,003,677,000 | 8,006,289,000 | 8,486,166,000 | 8,406,509,000 | 8,131,580,000 | 8,386,163,000 | 8,307,483,000 | 8,299,922,000 | 8,230,795,000 | 8,187,957,000 | 8,144,958,000 | 7,840,587,000 | 7,981,015,000 | 8,209,491,000 | 8,214,081,000 | 8,418,984,000 | 8,464,622,000 | 8,391,014,000 | 8,333,419,000 | 8,600,254,000 | 8,833,622,000 | 8,911,846,000 | 9,056,309,000 | 9,100,597,000 | 9,407,222,000 | 9,468,165,000 | 9,585,856,000 | 9,640,865,000 | 9,678,198,000 | 9,663,407,000 | 10,242,865,000 | 10,504,963,000 | 10,906,295,000 | 10,885,092,000 | 11,193,044,000 | 11,826,671,000 | 12,382,933,000 | 12,383,934,000 | 12,184,620,000 | 12,094,927,000 | 12,062,611,000 | 11,982,485,000 | 12,031,152,000 | 11,959,289,000 | 12,025,294,000 | 10,989,821,000 | 10,986,499,000 | 11,341,752,000 | 11,173,887,000 | 10,799,758,000 | 10,586,295,000 |
accumulated depreciation | -336,748,000 | -508,074,000 | -513,868,000 | -499,274,000 | -623,913,000 | -602,375,000 | -597,380,000 | -580,802,000 | -564,686,000 | -548,316,000 | -545,604,000 | -530,722,000 | -516,857,000 | -519,868,000 | -576,243,000 | -561,115,000 | -545,499,000 | -527,976,000 | -511,615,000 | -495,010,000 | -2,858,174,000 | -2,786,104,000 | -2,810,949,000 | -2,718,284,000 | -2,684,694,000 | -2,593,241,000 | -2,581,666,000 | -2,585,115,000 | -2,538,979,000 | -2,452,947,000 | -2,596,457,000 | -2,522,358,000 | -2,549,197,000 | -2,468,206,000 | -2,496,667,000 | -2,730,758,000 | -2,650,831,000 | -2,657,290,000 | -2,858,642,000 | -2,778,022,000 | -2,719,651,000 | |||||||||||||||||||||||||||||||||||||||||||
net real estate | 1,049,886,000 | 1,269,558,000 | 1,256,355,000 | 1,247,833,000 | 1,687,724,000 | 1,675,129,000 | 1,661,298,000 | 1,633,821,000 | 1,619,824,000 | 1,558,076,000 | 1,487,251,000 | 1,432,761,000 | 1,370,420,000 | 1,351,513,000 | 1,321,838,000 | 1,230,384,000 | 1,190,872,000 | 1,098,907,000 | 1,046,170,000 | 1,005,259,000 | 6,039,984,000 | 6,008,489,000 | 6,025,659,000 | 6,019,307,000 | 6,050,892,000 | 5,719,000,000 | 5,643,853,000 | 5,723,475,000 | 5,730,655,000 | 5,718,704,000 | 5,514,330,000 | 5,405,395,000 | 5,542,697,000 | 5,535,471,000 | 5,509,622,000 | 5,755,408,000 | 5,755,678,000 | 5,474,290,000 | 5,527,521,000 | 5,529,461,000 | 5,580,271,000 | 5,564,185,000 | 5,484,023,000 | 5,472,779,000 | 5,224,875,000 | 5,264,939,000 | 5,369,420,000 | 5,391,209,000 | 5,510,043,000 | 5,540,513,000 | 5,497,884,000 | 5,512,654,000 | 5,751,208,000 | 5,944,794,000 | 6,004,802,000 | 6,179,415,000 | 6,262,701,000 | 6,417,197,000 | 6,533,253,000 | 6,685,389,000 | 6,810,113,000 | 6,913,370,000 | 6,962,361,000 | 7,439,829,000 | 7,692,947,000 | 8,022,385,000 | 8,102,368,000 | 8,370,999,000 | 8,864,524,000 | 9,285,468,000 | 9,348,692,000 | 9,227,619,000 | 9,189,708,000 | 9,116,359,000 | 9,081,218,000 | 9,136,332,000 | 9,151,949,000 | 9,255,703,000 | 8,786,703,000 | 9,148,380,000 | 9,060,996,000 | 8,651,356,000 | ||
cash and cash equivalents | 404,379,000 | 41,385,000 | 49,147,000 | 141,072,000 | 82,620,000 | 88,539,000 | 121,814,000 | 122,601,000 | 95,680,000 | 164,990,000 | 166,149,000 | 206,460,000 | 206,366,000 | 81,799,000 | 109,011,000 | 233,374,000 | 253,138,000 | 286,066,000 | 226,081,000 | 289,582,000 | 228,368,000 | 398,408,000 | 340,883,000 | 142,902,000 | 58,724,000 | 33,958,000 | 162,286,000 | 36,858,000 | 58,032,000 | 46,703,000 | 51,894,000 | 60,498,000 | 38,780,000 | 44,869,000 | 45,876,000 | 61,244,000 | 47,908,000 | 55,225,000 | 64,454,000 | 50,789,000 | 45,241,000 | 46,835,000 | 164,490,000 | 28,971,000 | 29,186,000 | 33,826,000 | 38,402,000 | 55,751,000 | 67,622,000 | 46,923,000 | 49,558,000 | 84,413,000 | 102,515,000 | 312,964,000 | 83,234,000 | 75,831,000 | 85,324,000 | 81,360,000 | 111,325,000 | 145,062,000 | 78,318,000 | 77,875,000 | 81,260,000 | 107,034,000 | 112,114,000 | 93,233,000 | 299,676,000 | 219,047,000 | 330,163,000 | 163,083,000 | 210,461,000 | 337,494,000 | 258,027,000 | 257,160,000 | 229,824,000 | 182,283,000 | 323,463,000 | 224,327,000 | 161,730,000 | 139,636,000 | 148,779,000 | 119,629,000 | 105,343,000 | 122,570,000 |
restricted cash | 20,679,000 | 26,428,000 | 27,575,000 | 31,367,000 | 27,788,000 | 20,859,000 | 18,589,000 | 16,666,000 | 20,205,000 | 27,375,000 | 22,485,000 | 23,306,000 | 19,075,000 | 12,510,000 | 68,612,000 | 11,208,000 | 9,623,000 | 9,167,000 | 9,224,000 | 9,153,000 | 40,123,000 | 44,100,000 | 33,933,000 | 34,800,000 | 34,501,000 | 31,949,000 | 36,103,000 | 35,737,000 | 46,267,000 | 41,117,000 | 38,999,000 | 34,827,000 | 47,565,000 | 39,331,000 | 42,604,000 | 69,906,000 | 109,511,000 | 375,092,000 | 90,158,000 | 86,956,000 | 93,230,000 | 89,083,000 | 95,428,000 | 91,445,000 | 166,024,000 | 223,580,000 | 160,816,000 | 127,037,000 | 130,511,000 | 123,112,000 | 156,143,000 | 146,859,000 | 158,649,000 | 168,864,000 | 173,963,000 | 209,481,000 | 196,426,000 | 199,241,000 | 201,406,000 | 216,369,000 | 211,795,000 | 221,062,000 | 220,037,000 | 246,764,000 | 257,432,000 | 265,639,000 | 258,303,000 | 306,999,000 | 316,892,000 | 302,015,000 | 318,959,000 | 306,450,000 | 332,955,000 | 314,734,000 | 347,506,000 | 348,320,000 | 341,267,000 | 355,175,000 | 284,834,000 | 314,585,000 | 277,303,000 | 270,012,000 | 269,368,000 | 269,223,000 |
notes receivable | 60,150,000 | 59,847,000 | 59,360,000 | 58,794,000 | 58,229,000 | 57,660,000 | 58,187,000 | 57,554,000 | 39,802,000 | 39,533,000 | 39,363,000 | 39,014,000 | 38,029,000 | 37,045,000 | 3,145,000 | 215,821,000 | 217,013,000 | 102,748,000 | 102,897,000 | 103,288,000 | 102,798,000 | 110,259,000 | 114,630,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
right-of-use lease assets - finance leases | 106,758,000 | 107,077,000 | 107,395,000 | 107,714,000 | 108,034,000 | 108,353,000 | 108,673,000 | 108,992,000 | 109,311,000 | 109,631,000 | 110,625,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets | 83,152,000 | 89,623,000 | 97,004,000 | 94,051,000 | 103,177,000 | 106,574,000 | 122,976,000 | 121,461,000 | 176,043,000 | 128,640,000 | 127,894,000 | 132,679,000 | 180,641,000 | 251,089,000 | 181,061,000 | 110,019,000 | 171,317,000 | 152,159,000 | 178,475,000 | 63,334,000 | 383,298,000 | 376,723,000 | 361,298,000 | 351,472,000 | 395,061,000 | 455,897,000 | 441,527,000 | 351,541,000 | 350,067,000 | 365,564,000 | 371,152,000 | 272,739,000 | 247,722,000 | 247,591,000 | 246,066,000 | 344,915,000 | 329,782,000 | 360,669,000 | 460,080,000 | 473,918,000 | 478,961,000 | 457,591,000 | 465,332,000 | 476,727,000 | 470,328,000 | 500,877,000 | 514,514,000 | 502,271,000 | 513,409,000 | 513,248,000 | 529,583,000 | 520,537,000 | 328,464,000 | 338,664,000 | 359,442,000 | 250,296,000 | 239,797,000 | 188,529,000 | 170,663,000 | 180,592,000 | 184,671,000 | 201,391,000 | 185,890,000 | 204,405,000 | 222,081,000 | 199,203,000 | 196,671,000 | 202,029,000 | 192,851,000 | 205,181,000 | 207,857,000 | 208,265,000 | 199,321,000 | 195,402,000 | 231,950,000 | 233,259,000 | 221,155,000 | 214,076,000 | 216,863,000 | 239,245,000 | 263,026,000 | 263,912,000 | 287,381,000 | 309,568,000 |
assets from discontinued operations and held for sale | 351,765,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total assets | 2,076,769,000 | 1,869,810,000 | 1,872,765,000 | 1,956,910,000 | 2,067,572,000 | 2,057,114,000 | 2,119,891,000 | 2,089,475,000 | 2,250,866,000 | 2,216,352,000 | 2,189,175,000 | 2,181,223,000 | 2,296,244,000 | 2,419,412,000 | 2,593,844,000 | 2,434,101,000 | 2,394,195,000 | 2,312,139,000 | 2,217,890,000 | 1,840,492,000 | 7,042,129,000 | 7,121,147,000 | 7,048,245,000 | 6,828,739,000 | 6,539,178,000 | 6,240,804,000 | 6,283,769,000 | 6,190,004,000 | 6,185,021,000 | 6,544,356,000 | 6,255,290,000 | 6,079,040,000 | 6,169,338,000 | 6,199,202,000 | 6,187,440,000 | 6,232,818,000 | 6,293,847,000 | 6,274,228,000 | 6,142,213,000 | 6,144,194,000 | 6,217,662,000 | 6,157,694,000 | 6,215,453,000 | 6,097,028,000 | 5,937,463,000 | 6,078,665,000 | 6,083,152,000 | 6,079,413,000 | 6,489,506,000 | 6,470,715,000 | 6,370,393,000 | 6,401,380,000 | 6,565,388,000 | 6,947,106,000 | 6,823,630,000 | 7,042,702,000 | 7,164,972,000 | 7,261,832,000 | 7,378,566,000 | 7,617,072,000 | 7,707,801,000 | 7,885,080,000 | 7,906,468,000 | 8,474,538,000 | 8,841,421,000 | 9,082,218,000 | 9,403,157,000 | 9,897,215,000 | 10,326,678,000 | 10,551,763,000 | 10,606,532,000 | 10,519,010,000 | 10,399,641,000 | 10,306,066,000 | 10,289,775,000 | 10,221,365,000 | 10,392,396,000 | 10,365,780,000 | 10,263,056,000 | 10,421,366,000 | 10,330,494,000 | 10,184,975,000 | ||
liabilities and equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-recourse property debt | 444,847,000 | 685,031,000 | 685,226,000 | 685,420,000 | 844,779,000 | 845,237,000 | 845,671,000 | 846,298,000 | 869,586,000 | 869,974,000 | 929,291,000 | 929,501,000 | 859,593,000 | 801,434,000 | 512,301,000 | 483,137,000 | 485,116,000 | 427,881,000 | 429,873,000 | 447,967,000 | 4,058,295,000 | 4,543,743,000 | 4,208,687,000 | 4,230,590,000 | 4,254,710,000 | 3,702,487,000 | 3,859,023,000 | 224,112,000 | 225,502,000 | 227,141,000 | 228,382,000 | 229,631,000 | 230,882,000 | 3,866,702,000 | 3,760,761,000 | 3,795,098,000 | 3,811,510,000 | 3,846,160,000 | 3,807,699,000 | 3,818,487,000 | 3,888,284,000 | 4,022,809,000 | 3,947,786,000 | 4,152,802,000 | 4,284,763,000 | 4,337,785,000 | 4,530,971,000 | 4,656,497,000 | 4,664,260,000 | 4,688,447,000 | 4,871,981,000 | 5,090,443,000 | 5,133,795,000 | 5,233,525,000 | ||||||||||||||||||||||||||||||
non-recourse construction loans and bridge financing | 383,685,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total indebtedness | 828,532,000 | 1,098,432,000 | 1,082,995,000 | 1,070,660,000 | 1,250,619,000 | 1,211,315,000 | 1,182,003,000 | 1,147,741,000 | 1,120,216,000 | 1,065,662,000 | 1,084,982,000 | 1,048,199,000 | 940,409,000 | 1,148,188,000 | 1,226,990,000 | 1,180,834,000 | 1,157,682,000 | 1,076,317,000 | 964,000,000 | 982,094,000 | 4,406,797,000 | 4,892,183,000 | 4,802,532,000 | 4,505,590,000 | 4,254,710,000 | 3,997,447,000 | 3,929,023,000 | 3,884,632,000 | 4,055,541,000 | 3,955,638,000 | 3,917,590,000 | 3,873,160,000 | 3,935,899,000 | 3,866,007,000 | 3,888,284,000 | 4,135,139,000 | 3,962,236,000 | 4,206,202,000 | 4,394,823,000 | 4,388,185,000 | 4,829,521,000 | 4,843,547,000 | 4,713,460,000 | 4,938,181,000 | 5,201,195,000 | 5,259,725,000 | 5,369,624,000 | 5,440,579,000 | 5,504,801,000 | 5,542,562,000 | 5,643,911,000 | 5,718,957,000 | 5,690,310,000 | 6,172,596,000 | 6,486,805,000 | 6,735,169,000 | 6,777,121,000 | 6,865,731,000 | 7,428,090,000 | 7,780,964,000 | 7,531,782,000 | 7,371,308,000 | 7,158,631,000 | 7,066,733,000 | 6,872,753,000 | 6,788,975,000 | 6,606,819,000 | 6,654,284,000 | 6,291,282,000 | 6,499,844,000 | 6,359,206,000 | 6,003,100,000 | ||||||||||||
deferred tax liabilities | 102,766,000 | 102,187,000 | 101,721,000 | 101,457,000 | 103,180,000 | 106,537,000 | 108,487,000 | 110,284,000 | 112,068,000 | 113,969,000 | 114,883,000 | 119,615,000 | 121,344,000 | 136,950,000 | 123,641,000 | 124,747,000 | 126,851,000 | 128,279,000 | 125,732,000 | 131,560,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
lease liabilities - finance leases | 124,403,000 | 123,664,000 | 122,882,000 | 121,845,000 | 121,277,000 | 120,353,000 | 119,269,000 | 118,697,000 | 117,666,000 | 116,593,000 | 116,212,000 | 114,625,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends payable | 333,480,000 | 998,000 | 1,006,000 | 89,182,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued liabilities and other | 97,707,000 | 102,239,000 | 101,276,000 | 100,849,000 | 125,140,000 | 126,155,000 | 131,554,000 | 90,125,000 | 111,049,000 | 118,744,000 | 97,220,000 | 106,600,000 | 125,132,000 | 133,653,000 | 114,761,000 | 81,662,000 | 95,943,000 | 91,496,000 | 95,733,000 | 57,091,000 | 356,538,000 | 353,787,000 | 349,099,000 | 360,574,000 | 397,216,000 | 299,313,000 | 293,279,000 | 226,230,000 | 242,782,000 | 216,789,000 | 207,202,000 | 200,540,000 | 207,533,000 | 203,997,000 | 202,929,000 | 212,318,000 | 212,046,000 | 206,104,000 | 305,604,000 | 318,975,000 | 324,746,000 | 280,118,000 | 270,204,000 | 279,077,000 | 288,688,000 | 282,531,000 | 289,615,000 | 287,595,000 | 328,910,000 | 334,473,000 | 319,417,000 | 318,669,000 | 235,881,000 | 238,271,000 | 285,409,000 | 278,606,000 | 228,396,000 | 226,298,000 | 250,106,000 | 289,429,000 | 279,063,000 | 293,255,000 | 286,328,000 | 295,955,000 | 292,110,000 | 291,081,000 | 411,114,000 | 395,110,000 | 366,197,000 | 333,929,000 | 449,485,000 | 434,618,000 | 300,373,000 | 281,654,000 | 410,071,000 | 406,306,000 | 396,474,000 | 384,516,000 | 421,225,000 | 401,817,000 | 400,333,000 | 403,324,000 | 400,971,000 | 375,081,000 |
liabilities related to discontinued operations and assets held for sale | 334,624,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities | 1,821,512,000 | 1,587,362,000 | 1,570,211,000 | 1,644,613,000 | 1,600,216,000 | 1,564,360,000 | 1,541,313,000 | 1,497,865,000 | 1,495,401,000 | 1,448,945,000 | 1,413,297,000 | 1,389,039,000 | 1,285,352,000 | 1,542,576,000 | 1,974,627,000 | 1,838,074,000 | 1,829,362,000 | 1,746,740,000 | 1,632,427,000 | 1,277,138,000 | 4,821,512,000 | 5,245,970,000 | 5,151,631,000 | 4,866,164,000 | 4,651,926,000 | 4,296,760,000 | 4,222,302,000 | 4,325,072,000 | 3,889,571,000 | 4,788,239,000 | 4,491,265,000 | 4,321,750,000 | 4,632,112,000 | 4,619,566,000 | 4,249,457,000 | 4,184,651,000 | 4,363,039,000 | 4,269,189,000 | 4,320,947,000 | 4,292,363,000 | 4,380,961,000 | 4,251,667,000 | 4,292,885,000 | 4,566,986,000 | 4,414,999,000 | 4,649,938,000 | 4,822,580,000 | 4,826,716,000 | 5,314,377,000 | 5,327,673,000 | 5,181,764,000 | 5,166,440,000 | 5,382,333,000 | 5,497,483,000 | 5,659,357,000 | 5,748,203,000 | 5,830,249,000 | 5,881,429,000 | 5,968,366,000 | 6,050,727,000 | 6,148,093,000 | 6,269,361,000 | 6,255,109,000 | 6,769,640,000 | 7,109,841,000 | 7,291,898,000 | 7,548,091,000 | 7,801,665,000 | 8,192,885,000 | 8,471,778,000 | 8,301,787,000 | 8,079,024,000 | 7,708,010,000 | 7,588,149,000 | 7,552,287,000 | 7,442,232,000 | 7,200,772,000 | 7,224,339,000 | 6,988,001,000 | 7,087,815,000 | 6,955,125,000 | 6,726,354,000 | ||
redeemable noncontrolling interests in consolidated real estate partnerships | 151,666,000 | 146,106,000 | 146,391,000 | 142,931,000 | 175,309,000 | 174,849,000 | 173,158,000 | 171,632,000 | 170,201,000 | 168,648,000 | 167,129,000 | 166,826,000 | 158,135,000 | 51,814,000 | 37,232,000 | 33,794,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
commitments and contingencies | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock, 0.01 par value... | 1,402,000 | 1,374,000 | 1,372,000 | 1,364,000 | 1,369,000 | 1,372,000 | 1,402,000 | 1,406,000 | 1,420,000 | 1,438,000 | 1,448,000 | 1,466,000 | 1,492,000 | 1,492,000 | 1,497,000 | 1,498,000 | 1,498,000 | 1,496,000 | 1,491,000 | 1,490,000 | 1,489,000 | 1,489,000 | 1,487,000 | 1,489,000 | 1,489,000 | 1,488,000 | 1,488,000 | 1,491,000 | 1,574,000 | 1,574,000 | 1,573,000 | 1,572,000 | 1,570,000 | 1,570,000 | 1,570,000 | 1,569,000 | 1,569,000 | 1,566,000 | 1,566,000 | 1,563,000 | 1,564,000 | 1,563,000 | 1,563,000 | 1,464,000 | 1,462,000 | 1,462,000 | 1,461,000 | 1,459,000 | 1,459,000 | 1,459,000 | 1,459,000 | 1,456,000 | 1,456,000 | 1,442,000 | 1,214,000 | |||||||||||||||||||||||||||||
additional paid-in capital | 431,613,000 | 426,730,000 | 426,309,000 | 425,002,000 | 437,337,000 | 439,168,000 | 460,907,000 | 464,538,000 | 472,261,000 | 483,258,000 | 489,304,000 | 496,482,000 | 514,341,000 | 515,065,000 | 523,455,000 | 521,842,000 | 518,913,000 | 517,540,000 | 516,051,000 | 515,127,000 | 4,000,925,000 | 3,491,277,000 | 3,488,611,000 | 3,497,367,000 | 3,497,333,000 | 3,498,629,000 | 3,495,295,000 | 3,515,641,000 | 3,888,312,000 | 3,887,260,000 | 3,885,279,000 | 3,900,042,000 | 3,898,441,000 | 3,897,621,000 | 4,051,645,000 | 4,051,722,000 | 4,052,649,000 | 4,066,476,000 | 4,068,196,000 | 4,064,659,000 | 4,064,729,000 | 4,064,959,000 | 4,065,411,000 | 3,696,143,000 | 3,694,101,000 | 3,692,854,000 | 3,700,369,000 | 3,701,339,000 | 3,704,393,000 | 3,704,026,000 | 3,716,564,000 | 3,712,684,000 | 3,714,674,000 | 3,683,764,000 | 3,071,523,000 | 3,106,079,000 | 3,095,994,000 | 3,084,572,000 | 3,070,882,000 | 3,076,772,000 | 3,079,230,000 | 3,075,547,000 | 3,072,665,000 | 3,067,299,000 | 3,065,080,000 | 3,061,099,000 | 3,056,550,000 | 2,850,649,000 | 2,740,890,000 | 2,888,707,000 | 3,049,417,000 | 3,018,466,000 | 3,060,683,000 | 3,079,469,000 | 3,095,430,000 | 3,063,361,000 | 3,131,677,000 | 3,128,531,000 | 3,105,961,000 | 3,104,279,000 | 3,090,545,000 | 3,085,341,000 | 3,070,073,000 | 3,068,069,000 |
retained earnings | -371,027,000 | -336,454,000 | -317,195,000 | -303,409,000 | -208,940,000 | -187,004,000 | -126,478,000 | -116,292,000 | 35,207,000 | 37,486,000 | 41,087,000 | 49,904,000 | 250,996,000 | 224,567,000 | 3,375,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total aimco equity | 61,988,000 | 91,650,000 | 110,486,000 | 122,957,000 | 229,766,000 | 253,536,000 | 335,831,000 | 349,652,000 | 508,888,000 | 522,182,000 | 531,839,000 | 547,852,000 | 766,829,000 | 741,124,000 | 510,381,000 | 500,565,000 | 499,034,000 | 502,721,000 | 520,917,000 | 499,778,000 | 2,121,391,000 | 1,698,012,000 | 1,717,455,000 | 1,780,649,000 | 1,705,459,000 | 1,763,218,000 | 1,883,636,000 | 1,699,419,000 | 2,125,682,000 | 1,614,941,000 | 1,670,190,000 | 1,663,144,000 | 1,454,186,000 | 1,494,502,000 | 1,688,136,000 | 1,793,903,000 | 1,682,907,000 | 1,771,156,000 | 1,603,162,000 | 1,622,391,000 | 1,601,690,000 | 1,628,910,000 | 1,615,527,000 | 1,227,735,000 | 1,228,251,000 | 1,140,102,000 | 983,096,000 | 967,457,000 | 882,147,000 | 851,371,000 | 888,380,000 | 915,425,000 | 875,672,000 | 1,147,640,000 | 862,019,000 | 951,312,000 | 979,300,000 | 1,014,440,000 | 1,046,042,000 | 1,193,770,000 | 1,139,738,000 | 1,167,289,000 | 1,239,718,000 | 1,260,388,000 | 1,311,396,000 | 1,384,578,000 | ||||||||||||||||||
noncontrolling interests in consolidated real estate partnerships | 39,420,000 | 39,665,000 | 39,600,000 | 39,560,000 | 49,544,000 | 50,280,000 | 51,333,000 | 51,265,000 | 48,703,000 | 48,472,000 | 48,321,000 | 48,294,000 | 45,517,000 | 44,665,000 | 44,629,000 | 35,213,000 | 35,014,000 | 31,847,000 | 31,884,000 | 31,877,000 | -60,212,000 | -3,190,000 | -3,409,000 | -3,296,000 | 1,500,000 | -2,718,000 | -2,857,000 | -2,967,000 | -1,605,000 | -2,984,000 | -2,755,000 | -1,716,000 | -2,955,000 | -2,609,000 | 153,242,000 | 151,121,000 | 150,086,000 | 150,257,000 | 142,742,000 | 151,365,000 | 164,439,000 | 205,123,000 | 235,750,000 | 233,296,000 | 234,076,000 | 233,064,000 | 223,806,000 | 233,008,000 | 245,735,000 | 246,793,000 | 253,474,000 | 271,065,000 | 264,286,000 | 258,647,000 | 256,366,000 | 279,997,000 | 289,865,000 | 300,607,000 | 291,458,000 | 301,119,000 | 341,707,000 | 357,618,000 | 316,177,000 | 340,581,000 | 311,384,000 | 323,414,000 | ||||||||||||||||||
common noncontrolling interests in aimco operating partnership | 2,183,000 | 5,027,000 | 6,077,000 | 6,849,000 | 12,737,000 | 14,089,000 | 18,256,000 | 19,061,000 | 27,673,000 | 28,105,000 | 28,589,000 | 29,212,000 | 40,411,000 | 39,233,000 | 26,975,000 | 26,455,000 | 26,481,000 | 26,654,000 | 28,551,000 | 27,436,000 | 75,618,000 | 79,414,000 | 81,502,000 | 83,442,000 | 79,115,000 | 82,366,000 | 79,493,000 | 67,189,000 | 70,053,000 | 42,828,000 | -4,788,000 | -5,675,000 | -15,542,000 | -13,794,000 | -5,001,000 | -58,000 | -5,386,000 | -2,572,000 | -10,839,000 | -9,851,000 | -17,365,000 | -15,948,000 | -16,651,000 | -18,926,000 | -18,772,000 | -23,356,000 | -25,451,000 | -27,721,000 | -32,722,000 | -35,106,000 | -33,255,000 | -31,596,000 | -36,980,000 | -37,065,000 | -37,477,000 | -30,195,000 | -27,829,000 | -38,048,000 | -30,728,000 | -32,081,000 | -28,126,000 | -25,671,000 | -21,192,000 | -12,696,000 | -8,486,000 | -4,919,000 | ||||||||||||||||||
total equity | 103,591,000 | 136,342,000 | 156,163,000 | 169,366,000 | 292,047,000 | 317,905,000 | 405,420,000 | 419,978,000 | 585,264,000 | 598,759,000 | 608,749,000 | 625,358,000 | 852,757,000 | 825,022,000 | 581,985,000 | 562,233,000 | 560,529,000 | 561,222,000 | 581,352,000 | 559,091,000 | 2,136,797,000 | 1,774,236,000 | 1,795,548,000 | 1,860,795,000 | 1,786,074,000 | 1,842,866,000 | 1,960,272,000 | 1,763,641,000 | 2,194,130,000 | 1,654,785,000 | 1,662,647,000 | 1,655,753,000 | 1,435,689,000 | 1,478,099,000 | 1,836,377,000 | 1,944,966,000 | 1,827,607,000 | 1,918,841,000 | 1,735,065,000 | 1,763,905,000 | 1,748,764,000 | 1,818,085,000 | 1,834,626,000 | 1,442,105,000 | 1,443,555,000 | 1,349,810,000 | 1,181,451,000 | 1,172,744,000 | 1,095,160,000 | 1,063,058,000 | 1,108,599,000 | 1,154,894,000 | 1,102,978,000 | 1,369,222,000 | 1,080,908,000 | 1,201,114,000 | 1,241,336,000 | 1,276,999,000 | 1,306,772,000 | 1,462,808,000 | 1,453,319,000 | 1,499,236,000 | 1,534,703,000 | 1,588,273,000 | 1,614,294,000 | 1,703,073,000 | ||||||||||||||||||
total liabilities and equity | 2,076,769,000 | 1,869,810,000 | 1,872,765,000 | 1,956,910,000 | 2,067,572,000 | 2,057,114,000 | 2,119,891,000 | 2,089,475,000 | 2,250,866,000 | 2,216,352,000 | 2,189,175,000 | 2,181,223,000 | 2,296,244,000 | 2,419,412,000 | 2,593,844,000 | 2,434,101,000 | 2,394,195,000 | 2,312,139,000 | 2,217,890,000 | 1,840,492,000 | 7,042,129,000 | 7,121,147,000 | 7,048,245,000 | 6,828,739,000 | 6,539,178,000 | 6,240,804,000 | 6,283,769,000 | 6,190,004,000 | 6,185,021,000 | 6,544,356,000 | 6,255,290,000 | 6,079,040,000 | 6,169,338,000 | 6,199,202,000 | 6,187,440,000 | 6,232,818,000 | 6,293,847,000 | 6,274,228,000 | 6,142,213,000 | 6,144,194,000 | 6,217,662,000 | 6,157,694,000 | 6,215,453,000 | 6,097,028,000 | 5,937,463,000 | 6,078,665,000 | 6,083,152,000 | 6,079,413,000 | 6,489,506,000 | 6,470,715,000 | 6,370,393,000 | 6,401,380,000 | 6,565,388,000 | 6,947,106,000 | 6,823,630,000 | 7,042,702,000 | 7,164,972,000 | 7,261,832,000 | 7,378,566,000 | 7,617,072,000 | 7,707,801,000 | 7,885,080,000 | 7,906,468,000 | 8,474,538,000 | 8,841,421,000 | 9,082,218,000 | ||||||||||||||||||
assets held for sale | 275,892,000 | 275,929,000 | 276,079,000 | 50,030,000 | 42,393,000 | 94,314,000 | 17,959,000 | 1,345,000 | 50,968,000 | 8,952,000 | 3,070,000 | 19,959,000 | 6,180,000 | 27,106,000 | 47,050,000 | 55,443,000 | 19,175,000 | 46,475,000 | 9,030,000 | 10,751,000 | 23,713,000 | 10,502,000 | 5,179,000 | 6,050,000 | 35,184,000 | 33,726,000 | 29,758,000 | 100,729,000 | 17,258,000 | 67,160,000 | 303,829,000 | 145,670,000 | 98,761,000 | 24,336,000 | 21,883,000 | 12,420,000 | 39,865,000 | 11,163,000 | 32,981,000 | 4,752,000 | 54,958,000 | 214,132,000 | 27,940,000 | 43,563,000 | 53,275,000 | 264,541,000 | ||||||||||||||||||||||||||||||||||||||
non-recourse construction loans | 370,601,000 | 397,769,000 | 385,240,000 | 405,840,000 | 366,078,000 | 336,332,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
revolving credit facility | 42,800,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities related to assets held for sale | 159,842,000 | 160,331,000 | 160,620,000 | 58,177,000 | 23,177,000 | 68,610,000 | 1,658,000 | 1,018,000 | 6,214,000 | 53,000 | 17,311,000 | 6,855,000 | 28,969,000 | 37,056,000 | 30,753,000 | 17,118,000 | 46,729,000 | 8,618,000 | 12,039,000 | 24,177,000 | 4,066,000 | 6,491,000 | 3,276,000 | 26,708,000 | 30,403,000 | 48,153,000 | 72,570,000 | 5,176,000 | 56,341,000 | 267,890,000 | 113,723,000 | 72,544,000 | 11,867,000 | 12,373,000 | 8,546,000 | 27,734,000 | 958,000 | 18,135,000 | 5,779,000 | 39,464,000 | 156,703,000 | 32,871,000 | 44,224,000 | 50,829,000 | 209,023,000 | |||||||||||||||||||||||||||||||||||||||
interest rate options | 5,072,000 | 5,255,000 | 9,161,000 | 8,998,000 | 60,508,000 | 62,387,000 | 61,448,000 | 51,286,000 | 44,414,000 | 25,657,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unconsolidated real estate partnerships | 23,282,000 | 23,125,000 | 22,667,000 | 20,808,000 | 16,470,000 | 15,789,000 | 13,025,000 | 12,829,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mezzanine investment | 158,173,000 | 158,301,000 | 158,430,000 | 158,558,000 | 362,788,000 | 354,365,000 | 346,034,000 | 337,797,000 | 330,016,000 | 322,380,000 | 314,829,000 | 307,362,000 | 300,326,000 | 293,427,000 | 286,472,000 | 280,258,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
construction loans | 301,443,000 | 250,630,000 | 195,688,000 | 155,691,000 | 118,698,000 | 80,816,000 | 199,715,000 | 180,562,000 | 163,570,000 | 138,439,000 | 114,309,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mezzanine investment - participation sold | 31,018,000 | 34,402,000 | 33,977,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
right-of-use lease assets- finance leases | 110,269,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable to air | 147,039,000 | 534,127,000 | 534,127,000 | 534,127,000 | 534,127,000 | 534,127,000 | 534,127,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
right-of-use lease assets | 95,506,000 | 130,532,000 | 522,874,000 | 429,768,000 | 439,229,000 | 443,460,000 | 443,111,000 | 98,280,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
lease liabilities | 98,467,000 | 123,785,000 | 509,235,000 | 435,093,000 | 448,886,000 | 450,648,000 | 446,962,000 | 100,496,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivable from lease termination | 186,318,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated deficit | -14,571,000 | -22,775,000 | -21,377,000 | -16,315,000 | -16,839,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
due from affiliates | 4,840,000 | 4,333,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
due to affiliates | 15,738,000 | 5,897,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
redeemable noncontrolling interest in consolidated real estate partnership | 4,304,000 | 4,177,000 | 4,111,000 | 4,263,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest rate option | 13,315,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
aimco predecessor equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
term loan | 348,502,000 | 348,440,000 | 249,801,000 | 249,729,000 | 249,501,000 | 249,252,000 | 249,040,000 | 350,000,000 | 300,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
revolving credit facility borrowings | 593,845,000 | 275,000,000 | 294,960,000 | 70,000,000 | 160,360,000 | 220,170,000 | 78,635,000 | 67,160,000 | 356,220,000 | 245,720,000 | 69,700,000 | 17,930,000 | 294,780,000 | 160,540,000 | 106,080,000 | 27,000,000 | 128,200,000 | 47,520,000 | 112,330,000 | 14,450,000 | 53,400,000 | 110,060,000 | 50,400,000 | 298,550,000 | 187,050,000 | 49,200,000 | 66,200,000 | 67,400,000 | 26,200,000 | 21,500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
redeemable preferred op units | 79,449,000 | 96,449,000 | 96,449,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
redeemable noncontrolling interests in consolidated real estate partnership | 4,371,000 | 4,492,000 | 4,617,000 | 4,716,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income | 3,579,000 | 3,807,000 | 4,139,000 | 4,195,000 | 4,488,000 | 4,866,000 | 4,851,000 | 4,794,000 | 4,850,000 | 3,208,000 | 3,544,000 | 3,603,000 | 1,898,000 | 896,000 | -118,000 | 1,011,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
distributions in excess of earnings | -1,884,602,000 | -1,798,561,000 | -1,776,782,000 | -1,722,402,000 | -1,797,851,000 | -1,741,765,000 | -1,742,998,000 | -1,947,507,000 | -1,894,054,000 | -2,402,101,000 | -2,345,206,000 | -2,367,073,000 | -2,572,723,000 | -2,530,585,000 | -2,489,961,000 | -2,385,399,000 | -2,495,877,000 | -2,455,302,000 | -2,625,295,000 | -2,596,917,000 | -2,616,919,000 | -2,589,336,000 | -2,603,564,000 | -2,649,542,000 | -2,647,921,000 | -2,735,097,000 | -2,772,345,000 | -2,798,853,000 | -2,886,352,000 | -2,917,863,000 | -2,893,093,000 | -2,863,287,000 | -2,902,175,000 | -2,897,490,000 | -2,873,679,000 | -2,803,679,000 | -2,774,353,000 | -2,726,882,000 | -2,680,955,000 | -2,637,513,000 | -2,597,379,000 | -2,567,772,000 | -2,492,082,000 | -2,465,312,000 | -2,413,472,000 | -2,372,038,000 | -2,332,171,000 | -1,959,369,000 | -1,867,518,000 | -2,057,487,000 | -2,018,733,000 | -1,700,714,000 | -1,607,931,000 | -1,552,706,000 | -1,575,292,000 | -1,509,391,000 | -1,405,277,000 | -1,363,546,000 | -1,350,899,000 | -1,227,925,000 | -1,175,579,000 | -1,124,556,000 | -1,047,897,000 | -1,043,052,000 | ||||||||||||||||||||
preferred noncontrolling interests in aimco operating partnership | 97,064,000 | 101,178,000 | 101,178,000 | 101,195,000 | 101,291,000 | 101,320,000 | 101,332,000 | 101,378,000 | 101,537,000 | 101,537,000 | 101,537,000 | 101,606,000 | 103,201,000 | 103,201,000 | 86,198,000 | 86,201,000 | 87,926,000 | 87,937,000 | 87,942,000 | 87,942,000 | 87,937,000 | 78,909,000 | 78,917,000 | 79,121,000 | 79,953,000 | 79,969,000 | 79,984,000 | 80,030,000 | 80,046,000 | 80,077,000 | 80,401,000 | 83,365,000 | 83,385,000 | 83,387,000 | 83,404,000 | 83,428,000 | 83,537,000 | 86,389,000 | 86,483,000 | 86,656,000 | 86,625,000 | 87,286,000 | 87,247,000 | |||||||||||||||||||||||||||||||||||||||||
perpetual preferred stock | 125,000,000 | 125,000,000 | 125,000,000 | 125,000,000 | 125,000,000 | 125,000,000 | 125,000,000 | 125,000,000 | 125,000,000 | 125,000,000 | 125,000,000 | 159,126,000 | 159,126,000 | 159,126,000 | 159,126,000 | 159,126,000 | 159,126,000 | 186,126,000 | 186,126,000 | 186,126,000 | 58,114,000 | 68,114,000 | 68,114,000 | 68,114,000 | 68,114,000 | 68,114,000 | 68,114,000 | 366,216,000 | 667,152,000 | 656,015,000 | 657,601,000 | 657,601,000 | 657,601,000 | 758,601,000 | 660,500,000 | 660,500,000 | 660,500,000 | 660,500,000 | 660,500,000 | 696,500,000 | 696,500,000 | 696,500,000 | ||||||||||||||||||||||||||||||||||||||||||
revenues | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
rental and other property revenues attributable to real estate | 230,235,000 | 922,593,000 | 234,048,000 | 231,130,000 | 225,393,000 | 918,148,000 | 233,708,000 | 227,703,000 | 225,228,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
asset management business rental and tax credit revenues | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total revenues | 230,235,000 | 972,410,000 | 242,481,000 | 250,187,000 | 247,720,000 | 1,005,437,000 | 254,635,000 | 249,092,000 | 246,481,000 | 995,854,000 | 248,904,000 | 251,218,000 | 246,239,000 | 981,310,000 | 246,387,000 | 244,783,000 | 244,265,000 | 984,363,000 | 246,843,000 | 246,418,000 | 248,924,000 | 974,053,000 | 254,514,000 | 259,662,000 | 255,450,000 | 1,033,197,000 | 267,448,000 | 270,872,000 | 273,799,000 | 281,410,000 | 281,035,000 | 286,553,000 | 1,144,934,000 | 292,302,000 | 294,991,000 | 292,976,000 | 1,195,763,000 | 319,346,000 | ||||||||||||||||||||||||||||||||||||||||||||||
operating expenses | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property operating expenses attributable to real estate | 79,184,000 | 307,901,000 | 78,254,000 | 76,031,000 | 78,287,000 | 318,939,000 | 81,179,000 | 79,014,000 | 79,626,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property operating expenses of partnerships served by asset management business | 20,921,000 | 2,608,000 | 9,062,000 | 9,195,000 | 35,440,000 | 8,865,000 | 8,382,000 | 8,694,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 93,565,000 | 377,786,000 | 96,406,000 | 97,485,000 | 92,548,000 | 366,184,000 | 92,513,000 | 89,155,000 | 87,168,000 | 333,066,000 | 84,848,000 | 80,680,000 | 79,828,000 | 306,301,000 | 77,237,000 | 75,150,000 | 74,432,000 | 282,608,000 | 69,437,000 | 71,399,000 | 70,307,000 | 291,910,000 | 74,622,000 | 78,345,000 | 80,331,000 | 345,077,000 | 87,444,000 | 93,052,000 | 94,317,000 | 97,321,000 | 94,084,000 | 100,911,000 | 426,060,000 | 107,309,000 | 108,667,000 | 109,019,000 | 444,413,000 | 122,362,000 | ||||||||||||||||||||||||||||||||||||||||||||||
general and administrative expenses | 10,369,000 | 46,268,000 | 12,479,000 | 13,882,000 | 11,355,000 | 43,657,000 | 10,529,000 | 10,108,000 | 10,682,000 | 44,937,000 | 11,320,000 | 11,254,000 | 11,935,000 | 43,178,000 | 11,013,000 | 12,062,000 | 10,652,000 | 44,195,000 | 10,665,000 | 10,125,000 | 10,532,000 | 45,708,000 | 10,962,000 | 11,153,000 | 11,779,000 | 49,602,000 | 12,311,000 | 13,556,000 | 11,624,000 | 12,664,000 | 12,372,000 | 11,125,000 | 53,365,000 | 12,096,000 | 15,184,000 | 11,735,000 | 69,567,000 | 15,676,000 | ||||||||||||||||||||||||||||||||||||||||||||||
other incomes | 5,703,000 | 3,778,000 | 5,780,000 | 4,366,000 | 2,958,000 | 11,353,000 | 2,344,000 | 2,727,000 | 1,738,000 | 14,295,000 | 1,543,000 | 5,526,000 | 1,570,000 | 10,368,000 | 3,590,000 | 2,912,000 | 1,019,000 | 12,764,000 | 1,408,000 | 7,403,000 | 2,224,000 | 15,776,000 | 5,230,000 | 427,000 | 6,269,000 | 4,870,000 | 3,928,000 | 9,982,000 | 4,394,000 | -6,693,000 | 3,144,000 | 17,891,000 | 8,548,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
total operating expenses | 188,821,000 | 756,654,000 | 195,527,000 | 200,826,000 | 194,343,000 | 811,454,000 | 195,430,000 | 189,386,000 | 188,692,000 | 749,058,000 | 190,172,000 | 186,782,000 | 182,705,000 | 725,095,000 | 182,366,000 | 179,140,000 | 183,198,000 | 722,013,000 | 179,376,000 | 180,621,000 | 183,751,000 | 725,034,000 | 186,635,000 | 195,138,000 | 197,643,000 | 833,037,000 | 216,717,000 | 222,857,000 | 230,604,000 | 237,293,000 | 231,244,000 | 245,079,000 | 1,014,425,000 | 254,869,000 | 255,245,000 | 267,542,000 | 1,085,250,000 | 319,593,000 | ||||||||||||||||||||||||||||||||||||||||||||||
interest income | 2,726,000 | 10,914,000 | 2,712,000 | 2,884,000 | 2,172,000 | 8,332,000 | 2,047,000 | 2,012,000 | 2,192,000 | 7,797,000 | 2,163,000 | 1,843,000 | 1,835,000 | 6,949,000 | 1,737,000 | 1,705,000 | 1,725,000 | 6,878,000 | 1,787,000 | 1,671,000 | 1,729,000 | 16,059,000 | 3,587,000 | 2,651,000 | 6,425,000 | 9,913,000 | 2,079,000 | 2,477,000 | 2,554,000 | 3,273,000 | 2,254,000 | 2,248,000 | 11,131,000 | 2,389,000 | 1,928,000 | 3,224,000 | 9,341,000 | 1,962,000 | ||||||||||||||||||||||||||||||||||||||||||||||
interest expense | -41,409,000 | -200,634,000 | -45,492,000 | -49,906,000 | -47,795,000 | -194,615,000 | -50,682,000 | -46,858,000 | -47,882,000 | -196,389,000 | -49,377,000 | -48,894,000 | -47,634,000 | -199,685,000 | -48,285,000 | -49,605,000 | -53,520,000 | -220,971,000 | -57,806,000 | -55,061,000 | -55,641,000 | -237,048,000 | -61,726,000 | -61,821,000 | -62,494,000 | -246,761,000 | -64,585,000 | -64,255,000 | -71,851,000 | -73,152,000 | -96,716,000 | -76,381,000 | -312,576,000 | -77,917,000 | -79,499,000 | -80,314,000 | -324,160,000 | -83,179,000 | ||||||||||||||||||||||||||||||||||||||||||||||
gain on dispositions of real estate | 291,473,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other | 72,000 | 77,000 | -283,000 | 200,000 | 224,000 | 7,694,000 | 6,937,000 | 200,000 | 465,000 | 6,071,000 | 558,000 | 4,906,000 | 77,000 | 387,000 | -1,983,000 | 350,000 | 2,264,000 | -829,000 | 1,733,000 | 189,000 | -1,979,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before income tax benefit | 294,276,000 | 703,576,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax benefit | -2,981,000 | 13,027,000 | 27,941,000 | 4,395,000 | 37,388,000 | 32,126,000 | 4,870,000 | 5,023,000 | 4,985,000 | 25,208,000 | 3,462,000 | 7,121,000 | 5,886,000 | 27,524,000 | 8,279,000 | 5,814,000 | 6,921,000 | 20,047,000 | 5,005,000 | 5,347,000 | 2,758,000 | 1,959,000 | 77,000 | -116,000 | -50,000 | 929,000 | 114,000 | 230,000 | 461,000 | 1,110,000 | 2,257,000 | 2,528,000 | 18,433,000 | 4,649,000 | 3,598,000 | 3,771,000 | 18,671,000 | 2,410,000 | ||||||||||||||||||||||||||||||||||||||||||||||
net income | 291,295,000 | 716,603,000 | 603,917,000 | 7,156,000 | 95,690,000 | 347,079,000 | 22,144,000 | 21,591,000 | 17,155,000 | 483,273,000 | 30,036,000 | 245,953,000 | 29,885,000 | 271,983,000 | 23,769,000 | 68,688,000 | 104,150,000 | 356,111,000 | 144,515,000 | 84,605,000 | 81,532,000 | 237,825,000 | 79,410,000 | 6,979,000 | 2,833,000 | 195,361,000 | 53,335,000 | 34,131,000 | 10,647,000 | 4,657,000 | -26,971,000 | -27,277,000 | -89,624,000 | -28,482,000 | -10,170,000 | -16,760,000 | -44,800,000 | -9,556,000 | ||||||||||||||||||||||||||||||||||||||||||||||
noncontrolling interests: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to noncontrolling interests in consolidated real estate partnerships | -91,000 | -8,220,000 | -45,000 | -6,206,000 | -9,084,000 | -813,000 | -951,000 | -25,256,000 | -8,677,000 | -930,000 | -4,776,000 | -111,000 | -4,756,000 | -24,595,000 | -22,541,000 | -19,342,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to preferred noncontrolling interests in aimco operating partnership | -1,934,000 | -7,739,000 | -1,934,000 | -1,934,000 | -1,937,000 | -7,764,000 | -1,938,000 | -1,939,000 | -1,949,000 | -7,239,000 | -1,842,000 | -1,708,000 | -1,726,000 | -6,943,000 | -1,736,000 | -1,736,000 | -1,736,000 | -6,497,000 | -1,601,000 | -1,602,000 | -1,605,000 | -6,423,000 | -1,606,000 | -1,606,000 | -1,606,000 | -6,496,000 | -1,609,000 | -1,611,000 | -1,670,000 | -1,671,000 | -1,671,000 | -4,964,000 | -1,683,000 | -1,693,000 | -6,288,000 | -1,743,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to common noncontrolling interests in aimco operating partnership | -15,137,000 | -34,417,000 | -30,198,000 | -140,000 | -3,755,000 | -14,457,000 | -820,000 | -787,000 | -557,000 | -20,368,000 | -192,000 | -11,135,000 | -1,172,000 | -11,554,000 | -893,000 | -2,972,000 | -4,398,000 | -15,770,000 | -6,549,000 | -3,735,000 | -3,611,000 | -3,796,000 | 737,000 | 1,035,000 | 2,420,000 | 2,383,000 | 2,263,000 | 1,312,000 | 3,069,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to noncontrolling interests | -17,162,000 | -50,376,000 | -33,926,000 | -2,119,000 | -11,898,000 | -31,305,000 | -2,509,000 | -3,539,000 | -3,457,000 | -52,863,000 | -14,523,000 | -21,520,000 | -3,828,000 | -23,273,000 | -1,844,000 | -4,819,000 | -10,890,000 | -46,862,000 | -16,487,000 | -12,178,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to aimco | 274,133,000 | 666,227,000 | 569,991,000 | 5,037,000 | 83,792,000 | 315,774,000 | 19,635,000 | 18,052,000 | 13,698,000 | 430,410,000 | 15,513,000 | 224,433,000 | 26,057,000 | 248,710,000 | 21,925,000 | 63,869,000 | 93,260,000 | 309,249,000 | 128,028,000 | 77,042,000 | 64,927,000 | 207,290,000 | 67,232,000 | 10,948,000 | 5,892,000 | 132,456,000 | 38,781,000 | 22,800,000 | 1,949,000 | -1,442,000 | -23,451,000 | -19,260,000 | -71,728,000 | -14,922,000 | -7,825,000 | -27,518,000 | -64,274,000 | -27,502,000 | ||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to aimco preferred stockholders | -2,148,000 | -8,593,000 | -2,148,000 | -2,149,000 | -2,148,000 | -8,594,000 | -2,148,000 | -2,149,000 | -2,148,000 | -11,994,000 | -4,323,000 | -2,758,000 | -2,757,000 | -11,794,000 | -2,757,000 | -2,758,000 | -3,522,000 | -7,947,000 | -2,875,000 | -1,758,000 | -454,000 | -2,804,000 | -702,000 | -701,000 | -702,000 | -49,888,000 | -14,515,000 | -22,182,000 | -12,439,000 | -13,301,000 | -9,672,000 | -12,456,000 | -53,590,000 | -13,576,000 | -10,128,000 | -12,922,000 | -50,566,000 | -12,988,000 | ||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to participating securities | -417,000 | -1,037,000 | -814,000 | -71,000 | -119,000 | -319,000 | -57,000 | -60,000 | -59,000 | -635,000 | -293,000 | -77,000 | -950,000 | -307,000 | -394,000 | -1,082,000 | -447,000 | -274,000 | -239,000 | -813,000 | -262,000 | -140,000 | -140,000 | -422,000 | -103,000 | -95,000 | -119,000 | -58,000 | -54,000 | -57,000 | -2,000 | -42,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to aimco common stockholders | 271,568,000 | 656,597,000 | 567,029,000 | 2,817,000 | 81,525,000 | 306,861,000 | 17,430,000 | 15,843,000 | 11,491,000 | 417,781,000 | 11,176,000 | 221,382,000 | 23,223,000 | 235,966,000 | 19,179,000 | 60,804,000 | 89,344,000 | 300,220,000 | 124,706,000 | 75,010,000 | 64,234,000 | 203,673,000 | 66,268,000 | 10,107,000 | 5,050,000 | 82,146,000 | 24,163,000 | 523,000 | -10,609,000 | -14,801,000 | -33,177,000 | -31,773,000 | -125,318,000 | -28,500,000 | -17,995,000 | -40,440,000 | -114,840,000 | -40,490,000 | ||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to aimco per common share – basic and diluted | 1,880 | 20 | 520 | 110 | 70 | 70 | 150 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding – basic | 144,232,000 | 155,866,000 | 156,711,000 | 156,703,000 | 156,609,000 | 156,323,000 | 156,306,000 | 156,305,000 | 156,259,000 | 156,001,000 | 156,079,000 | 156,375,000 | 155,791,000 | 155,177,000 | 145,639,000 | 145,473,000 | 145,291,000 | 145,334,000 | 145,321,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding – diluted | 144,445,000 | 156,053,000 | 156,938,000 | 156,833,000 | 156,740,000 | 156,796,000 | 156,835,000 | 156,715,000 | 156,754,000 | 156,391,000 | 156,527,000 | 156,793,000 | 156,117,000 | 155,570,000 | 146,002,000 | 145,681,000 | 145,532,000 | 145,563,000 | 145,674,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
assets of partnerships served by asset management business: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
real estate | 216,875,000 | 220,408,000 | 224,873,000 | 228,830,000 | 231,881,000 | 235,549,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-recourse property debt secured by real estate communities | 3,915,305,000 | 3,646,789,000 | 3,791,238,000 | 3,700,979,000 | 3,545,109,000 | 3,556,668,000 | 3,617,182,000 | 3,670,454,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total indebtedness associated with real estate portfolio | 4,075,665,000 | 3,646,789,000 | 4,261,209,000 | 4,029,343,000 | 3,861,770,000 | 4,162,140,000 | 4,111,942,000 | 3,740,154,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities of partnerships served by asset management business: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
revenues: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
rental and other property revenues of partnerships served by asset management business | 42,830,000 | 5,022,000 | 19,000,000 | 18,808,000 | 74,046,000 | 18,232,000 | 18,533,000 | 18,562,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tax credit and transaction revenues | 6,987,000 | 3,411,000 | 57,000 | 3,519,000 | 13,243,000 | 2,695,000 | 2,856,000 | 2,691,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating expenses: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from real estate impairment loss | 35,881,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on dispositions of real estate and the asset management business | 677,463,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to aimco per common share – basic | 4,210 | 3,620 | 1,960 | 100 | 2,680 | 1,420 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to aimco per common share – diluted | 4,210 | 3,610 | 1,960 | 100 | 2,670 | 1,410 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating income | 46,954,000 | 49,361,000 | 53,377,000 | 193,983,000 | 59,205,000 | 59,706,000 | 57,789,000 | 246,796,000 | 58,732,000 | 64,436,000 | 63,534,000 | 256,215,000 | 64,021,000 | 65,643,000 | 61,067,000 | 262,350,000 | 67,467,000 | 65,797,000 | 65,173,000 | 249,019,000 | 67,879,000 | 64,524,000 | 57,807,000 | 200,160,000 | 50,731,000 | 48,015,000 | 43,195,000 | 44,117,000 | 49,791,000 | 41,474,000 | 130,509,000 | 37,433,000 | 39,746,000 | 25,434,000 | 110,513,000 | -247,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
income before income taxes and gain on dispositions | 3,891,000 | 2,539,000 | 7,978,000 | 15,394,000 | 17,507,000 | 15,060,000 | 12,564,000 | 64,275,000 | 12,076,000 | 22,291,000 | 17,812,000 | 15,490,000 | 18,093,000 | 11,536,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before gain on dispositions | 31,832,000 | 6,934,000 | 45,366,000 | 47,520,000 | 22,377,000 | 20,083,000 | 17,549,000 | 89,483,000 | 15,538,000 | 29,412,000 | 23,698,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on dispositions of real estate and the asset management business, inclusive of related income tax | 572,085,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (income) loss attributable to noncontrolling interests in consolidated real estate partnerships | -1,794,000 | -12,489,000 | -8,337,000 | -2,226,000 | -11,389,000 | -12,473,000 | -6,776,000 | -51,218,000 | -11,334,000 | -9,665,000 | -7,765,000 | -5,464,000 | -12,134,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends declared per common share | 380 | 380 | 380 | 360 | 360 | 360 | 330 | 330 | 330 | 300 | 300 | 280 | 260 | 260 | 260 | 240 | 240 | 240 | 200 | 180 | 180 | 120 | 120 | 120 | 300 | 100 | 100 | 400 | 100 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
assets of partnerships served by asset management business held for sale at june 30, 2018: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities of partnerships served by asset management business held for sale at june 30, 2018: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on dispositions of real estate, inclusive of related income tax | 222,000 | 50,324,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income | 11,814,000 | 12,487,000 | 13,922,000 | 15,355,000 | 16,868,000 | 49,366,000 | 46,490,000 | 57,819,000 | 59,961,000 | 64,052,000 | 65,694,000 | 70,303,000 | 76,682,000 | 81,882,000 | 86,853,000 | 93,294,000 | 102,347,000 | 107,775,000 | 111,390,000 | 116,238,000 | 123,652,000 | 128,577,000 | 133,054,000 | 133,097,000 | 137,892,000 | 150,357,000 | 147,082,000 | 153,345,000 | 150,815,000 | 152,533,000 | 158,402,000 | 173,656,000 | 182,485,000 | 177,754,000 | 183,594,000 | 184,796,000 | 195,997,000 | 190,617,000 | 205,494,000 | 201,966,000 | 202,392,000 | 154,293,000 | 150,326,000 | 134,761,000 | 165,684,000 | 158,156,000 | 98,814,000 | 99,213,000 | 47,138,000 | 46,104,000 | 53,535,000 | 47,563,000 | 47,203,000 | 25,289,000 | ||||||||||||||||||||||||||||||
gain on dispositions of real estate, net of tax | 299,559,000 | 1,508,000 | 393,790,000 | 14,498,000 | 216,541,000 | 6,187,000 | 180,593,000 | 44,781,000 | 85,693,000 | 288,636,000 | 126,329,000 | 66,662,000 | 69,492,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on dispositions of real estate, inclusive of tax | -233,000 | -394,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income (income) attributable to noncontrolling interests in consolidated real estate partnerships | 249,000 | 785,000 | 6,150,000 | 4,962,000 | 2,771,000 | 7,305,000 | 13,301,000 | 11,213,000 | 2,716,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment management expenses | 784,000 | 4,333,000 | 938,000 | 1,017,000 | 975,000 | 5,855,000 | 1,905,000 | 1,086,000 | 1,603,000 | 7,310,000 | 1,279,000 | 1,021,000 | 1,252,000 | 4,341,000 | 373,000 | 1,697,000 | 1,433,000 | 12,008,000 | 2,817,000 | 3,240,000 | 3,388,000 | 2,386,000 | 2,187,000 | 3,031,000 | 14,487,000 | 2,609,000 | 5,141,000 | 3,229,000 | 15,779,000 | 4,213,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable | 36,677,000 | 47,944,000 | 43,414,000 | 37,792,000 | 36,123,000 | 37,311,000 | 35,239,000 | 50,860,000 | 41,919,000 | 40,166,000 | 37,158,000 | 35,795,000 | 43,161,000 | 27,438,000 | 33,415,000 | 25,235,000 | 30,747,000 | 28,488,000 | 27,054,000 | 22,822,000 | 24,999,000 | 25,988,000 | 21,818,000 | 27,322,000 | 23,879,000 | 27,647,000 | 20,662,000 | 29,819,000 | 36,317,000 | 33,335,000 | 32,902,000 | 64,241,000 | 36,477,000 | 30,931,000 | 31,775,000 | 56,792,000 | 57,572,000 | 42,096,000 | 31,347,000 | 54,972,000 | 39,280,000 | 30,460,000 | 28,201,000 | 34,381,000 | 44,731,000 | 46,666,000 | 40,663,000 | 34,663,000 | 46,369,000 | |||||||||||||||||||||||||||||||||||
rental and other property revenues | 974,531,000 | 244,115,000 | 242,871,000 | 241,481,000 | 956,954,000 | 240,382,000 | 238,637,000 | 238,289,000 | 952,831,000 | 239,873,000 | 239,492,000 | 240,136,000 | 939,231,000 | 247,117,000 | 251,853,000 | 248,198,000 | 991,428,000 | 256,752,000 | 261,958,000 | 265,728,000 | 269,525,000 | 273,384,000 | 277,317,000 | 1,109,381,000 | 282,595,000 | 285,395,000 | 288,719,000 | 1,140,828,000 | 307,907,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
tax credit and asset management revenues | 21,323,000 | 4,789,000 | 8,347,000 | 4,758,000 | 24,356,000 | 6,005,000 | 6,146,000 | 5,976,000 | 31,532,000 | 6,970,000 | 6,926,000 | 8,788,000 | 34,822,000 | 7,397,000 | 7,809,000 | 7,252,000 | 41,769,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property operating expenses | 352,427,000 | 91,523,000 | 88,305,000 | 88,397,000 | 359,393,000 | 88,621,000 | 87,930,000 | 95,492,000 | 373,316,000 | 95,174,000 | 94,438,000 | 99,270,000 | 375,672,000 | 98,463,000 | 101,717,000 | 101,876,000 | 402,225,000 | 106,462,000 | 105,875,000 | 108,642,000 | 119,903,000 | 117,379,000 | 126,084,000 | 510,179,000 | 128,174,000 | 132,946,000 | 140,415,000 | 521,161,000 | 146,608,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss | -434,000 | -710,000 | -431,000 | -6,040,000 | -6,810,000 | -7,402,000 | -7,009,000 | -6,456,000 | -5,517,000 | -5,243,000 | -4,503,000 | -4,602,000 | -5,467,000 | -4,365,000 | -4,664,000 | -3,542,000 | -6,397,000 | -6,292,000 | -4,191,000 | -8,312,000 | -1,147,000 | -2,042,000 | -2,076,000 | -4,455,000 | -2,872,000 | -1,251,000 | -1,138,000 | -1,846,000 | -473,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (income) loss attributable to participating securities | -14,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from real estate impairment losses | 1,820,000 | 1,413,000 | 8,349,000 | 2,453,000 | 6,707,000 | 6,364,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before income taxes and discontinued operations | 63,866,000 | 47,428,000 | 32,637,000 | 8,118,000 | 4,304,000 | 752,000 | -15,835,000 | 4,455,000 | -11,691,000 | -24,685,000 | -27,421,000 | -45,697,000 | -33,112,000 | -184,322,000 | -52,830,000 | -39,931,000 | -41,489,000 | -215,708,000 | -81,084,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations | 91,390,000 | 23,769,000 | 23,907,000 | 18,457,000 | 67,475,000 | 18,186,000 | 17,943,000 | 12,040,000 | 34,596,000 | 8,195,000 | 4,188,000 | 702,000 | -14,906,000 | 4,569,000 | -11,461,000 | -24,224,000 | -26,311,000 | -43,440,000 | -30,584,000 | -165,889,000 | -48,181,000 | -36,333,000 | -37,718,000 | -197,037,000 | -78,674,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from discontinued operations, net of tax | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings attributable to aimco per common share – basic and diluted: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from discontinued operations | 203,229,000 | 71,215,000 | 2,791,000 | 2,131,000 | 210,267,000 | 48,766,000 | 45,592,000 | 34,871,000 | 30,968,000 | 16,469,000 | 3,307,000 | 76,265,000 | 19,699,000 | 26,163,000 | 20,958,000 | 152,237,000 | 69,118,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income (income) attributable to participating securities | 11,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings attributable to aimco per common share – basic | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings attributable to aimco per common share – diluted | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less accumulated depreciation | -2,666,610,000 | -2,703,934,000 | -2,672,179,000 | -2,615,712,000 | -2,716,076,000 | -2,840,071,000 | -2,822,872,000 | -2,908,941,000 | -2,924,109,000 | -2,893,130,000 | -2,820,765,000 | -2,849,046,000 | -2,888,828,000 | -2,907,044,000 | -2,876,894,000 | -2,837,896,000 | -2,990,025,000 | -2,934,912,000 | -2,900,467,000 | -2,830,752,000 | -2,764,828,000 | -2,701,046,000 | -2,803,036,000 | -2,812,016,000 | -2,883,910,000 | -2,782,724,000 | -2,822,045,000 | -2,962,147,000 | -3,097,465,000 | -3,035,242,000 | -2,957,001,000 | -2,905,219,000 | -2,946,252,000 | -2,901,267,000 | -2,894,820,000 | -2,807,340,000 | -2,769,591,000 | -2,238,114,000 | -2,199,796,000 | -2,193,372,000 | -2,112,891,000 | -2,014,712,000 | -1,934,939,000 | |||||||||||||||||||||||||||||||||||||||||
earnings attributable to aimco per common share – basic and diluted | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before income taxes, discontinued operations and gain on dispositions | 13,181,000 | 12,596,000 | 9,282,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other income | 3,638,000 | 2,390,000 | 2,215,000 | 2,226,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (income) loss attributable to noncontrolling interests | -7,563,000 | -16,605,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations attributable to aimco common stockholders | 440 | 290 | 50 | 20 | -590 | -70 | -300 | -300 | -260 | -350 | -300 | -1,480 | -360 | -300 | -440 | -1,750 | -640 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from discontinued operations attributable to aimco common stockholders | 1,110 | 410 | 50 | 30 | 1,200 | 240 | 300 | 210 | 140 | 70 | 30 | 400 | 110 | 150 | 90 | 750 | 290 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
recovery of losses on notes receivable | 1,884,000 | 3,375,000 | 233,000 | 148,000 | 1,233,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in income (losses) of unconsolidated real estate partnerships | 926,000 | 277,000 | 104,000 | 524,000 | 206,000 | 7,951,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on dispositions of unconsolidated real estate and other | 1,797,000 | 3,095,000 | 808,000 | 1,212,000 | 10,675,000 | 924,000 | 4,970,000 | 2,642,000 | 22,494,000 | 3,345,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (income) loss attributable to common noncontrolling interests in aimco operating partnership | -11,639,000 | -575,000 | -297,000 | -5,191,000 | -1,611,000 | -55,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total noncontrolling interests | -30,535,000 | -62,905,000 | -14,554,000 | -11,331,000 | -8,698,000 | -6,099,000 | 3,520,000 | 8,017,000 | 17,896,000 | 13,560,000 | 2,345,000 | -10,758,000 | -19,474,000 | -17,946,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable | 32,925,000 | 29,906,000 | 34,477,000 | 34,020,000 | 36,540,000 | 35,592,000 | 42,957,000 | 40,848,000 | 41,293,000 | 59,349,000 | 49,855,000 | 48,131,000 | 47,192,000 | 44,853,000 | 59,822,000 | 61,584,000 | 67,729,000 | 80,689,000 | 89,132,000 | 91,703,000 | 78,439,000 | 71,938,000 | 71,463,000 | 77,004,000 | 76,347,000 | 66,439,000 | 85,772,000 | 56,569,000 | 65,830,000 | 61,319,000 | 57,479,000 | 78,343,000 | 88,716,000 | 73,060,000 | 75,044,000 | 56,327,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
gain on dispositions and other | -1,899,000 | -1,154,000 | -1,510,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income (income) attributable to noncontrolling interests | 3,969,000 | 3,059,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding – basic and diluted | 145,169,000 | 134,479,000 | 144,959,000 | 127,395,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in losses of unconsolidated real estate partnerships | -4,408,000 | -2,242,000 | -763,000 | -4,987,000 | -23,112,000 | -15,522,000 | -12,025,000 | -4,198,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on dispositions of interests in unconsolidated real estate and other | 21,886,000 | 16,024,000 | 4,314,000 | 2,180,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment in unconsolidated real estate partnerships | 38,249,000 | 34,400,000 | 38,222,000 | 63,942,000 | 74,349,000 | 57,604,000 | 59,282,000 | 79,256,000 | 114,549,000 | 133,103,000 | 105,324,000 | 112,610,000 | 117,432,000 | 121,322,000 | 109,312,000 | 114,493,000 | 106,388,000 | 120,982,000 | 117,217,000 | 30,721,000 | 37,124,000 | 36,460,000 | 39,000,000 | 54,671,000 | 59,036,000 | 59,554,000 | 167,799,000 | 177,518,000 | 157,521,000 | 174,460,000 | 188,137,000 | 183,276,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
asset management and tax credit revenues | 10,696,000 | 8,914,000 | 8,071,000 | 11,885,000 | 7,651,000 | 9,236,000 | 35,553,000 | 9,707,000 | 9,596,000 | 4,257,000 | 49,853,000 | 10,325,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings attributable to aimco per common share — basic and diluted | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding — basic and diluted | 120,526,000 | 117,320,000 | 116,369,000 | 114,301,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred financing costs | 46,670,000 | 46,984,000 | 48,171,000 | 48,032,000 | 49,958,000 | 50,272,000 | 52,158,000 | 52,725,000 | 54,561,000 | 59,038,000 | 58,388,000 | 59,473,000 | 61,782,000 | 68,768,000 | 73,589,000 | 79,923,000 | 77,808,000 | 73,136,000 | 75,579,000 | 73,749,000 | 75,173,000 | 74,529,000 | 76,242,000 | 67,498,000 | 66,619,000 | 68,716,000 | 71,416,000 | 72,426,000 | 67,139,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income tax assets | 61,589,000 | 61,919,000 | 59,435,000 | 58,736,000 | 55,290,000 | 49,943,000 | 45,909,000 | 42,015,000 | 33,267,000 | 28,332,000 | 27,052,000 | 28,326,000 | 12,706,000 | 11,059,000 | 15,256,000 | 14,426,000 | 5,139,000 | 2,719,000 | 9,835,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
security deposits | 34,516,000 | 34,982,000 | 35,323,000 | 35,322,000 | 35,833,000 | 35,794,000 | 36,123,000 | 35,764,000 | 38,865,000 | 41,427,000 | 42,774,000 | 43,277,000 | 45,840,000 | 48,450,000 | 50,600,000 | 49,469,000 | 48,860,000 | 48,038,000 | 45,920,000 | 44,428,000 | 44,623,000 | 43,851,000 | 42,914,000 | 38,789,000 | 39,107,000 | 40,254,000 | 39,375,000 | 38,063,000 | 37,879,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock subject to repurchase agreement | 10,000,000 | 10,000,000 | 20,000,000 | 20,000,000 | 20,000,000 | 20,000,000 | 30,000,000 | 30,000,000 | 30,000,000 | 30,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a common stock, 0.01 par value... | 1,209,000 | 1,205,000 | 1,191,000 | 1,176,000 | 1,170,000 | 1,170,000 | 1,168,000 | 1,165,000 | 902,000 | 874,000 | 914,000 | 956,000 | 967,000 | 971,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from operating real estate impairment losses | 149,000 | 352,000 | 287,000 | 2,329,000 | 21,676,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (income) loss attributable to preferred noncontrolling interests in aimco operating partnership | -1,670,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding, basic and diluted | 120,339,000 | 119,156,000 | 116,434,000 | 116,323,000 | 116,035,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable from affiliates | 5,179,000 | 8,049,000 | 8,392,000 | 11,038,000 | 13,191,000 | 18,767,000 | 23,744,000 | 26,769,000 | 27,644,000 | 32,833,000 | 33,536,000 | 32,842,000 | 32,420,000 | 35,072,000 | 34,958,000 | 31,639,000 | 33,680,000 | 25,590,000 | 20,763,000 | 24,534,000 | 24,984,000 | 21,953,000 | 43,070,000 | 40,495,000 | 44,984,000 | 53,107,000 | 39,216,000 | 54,451,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
notes receivable from unconsolidated real estate partnerships | 10,209,000 | 10,744,000 | 10,896,000 | 12,427,000 | 12,280,000 | 12,137,000 | 14,295,000 | 14,855,000 | 14,818,000 | 24,267,000 | 22,567,000 | 30,326,000 | 31,869,000 | 35,441,000 | 35,186,000 | 46,396,000 | 43,106,000 | 40,278,000 | 40,641,000 | 46,937,000 | 45,705,000 | 39,832,000 | 177,218,000 | 178,407,000 | 168,918,000 | 170,352,000 | 165,289,000 | 155,206,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
notes receivable from non-affiliates | 117,078,000 | 121,651,000 | 126,726,000 | 128,381,000 | 129,427,000 | 129,271,000 | 125,269,000 | 143,102,000 | 141,125,000 | 139,949,000 | 136,633,000 | 150,460,000 | 147,635,000 | 144,977,000 | 143,054,000 | 141,148,000 | 138,678,000 | 135,481,000 | 139,352,000 | 52,124,000 | 51,497,000 | 52,847,000 | 23,760,000 | 27,373,000 | 27,083,000 | 29,987,000 | 31,716,000 | 51,318,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-recourse property tax-exempt bond financing | 434,536,000 | 431,452,000 | 514,506,000 | 548,502,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-recourse property loans payable | 4,872,614,000 | 4,963,846,000 | 4,943,277,000 | 4,940,829,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other borrowings | 40,974,000 | 45,281,000 | 47,018,000 | 53,231,000 | 58,943,000 | 63,260,000 | 53,057,000 | 85,683,000 | 88,237,000 | 90,941,000 | 95,981,000 | 81,511,000 | 87,839,000 | 74,492,000 | 75,057,000 | 65,003,000 | 59,786,000 | 60,557,000 | 67,660,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other incomes (income) | 5,222,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(benefit from) recovery of losses on notes receivable | -36,000 | -6,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in (losses) earnings of unconsolidated real estate partnerships | -1,798,000 | -7,224,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from losses on notes receivable | -17,000 | -949,000 | -426,000 | -21,549,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in (losses) income of unconsolidated real estate partnerships | -1,648,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per common share — basic and diluted: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
real estate: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
notes due on common stock purchases | -586,000 | -805,000 | -911,000 | -903,000 | -1,392,000 | -1,417,000 | -1,403,000 | -2,148,000 | -3,607,000 | -4,016,000 | -4,125,000 | -4,780,000 | -5,441,000 | -5,217,000 | -3,760,000 | -3,794,000 | -4,714,000 | -5,029,000 | -7,632,000 | -9,283,000 | -25,911,000 | -26,491,000 | -28,608,000 | -32,876,000 | -36,725,000 | -39,588,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from impairment losses on real estate development assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
restructuring costs | 11,241,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income (income) attributable to common noncontrolling interests in aimco operating partnership | 9,559,000 | 9,355,000 | 3,139,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
term loans | 25,000,000 | 45,000,000 | 90,000,000 | 260,000,000 | 350,000,000 | 400,000,000 | 475,000,000 | 475,000,000 | 475,000,000 | 475,000,000 | 475,000,000 | 400,000,000 | 400,000,000 | 400,000,000 | 400,000,000 | 400,000,000 | 400,000,000 | 400,000,000 | 400,000,000 | 400,000,000 | 300,000,000 | 250,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment losses related to unconsolidated real estate partnerships | -131,000 | -322,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income (income) attributable to preferred noncontrolling interests in aimco operating partnership | 84,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property tax-exempt bond financing | 548,973,000 | 577,221,000 | 574,926,000 | 605,055,000 | 624,975,000 | 720,722,000 | 721,971,000 | 792,280,000 | 910,300,000 | 942,316,000 | 941,555,000 | 948,562,000 | 949,692,000 | 946,348,000 | 936,082,000 | 1,036,582,000 | 1,043,755,000 | 1,057,066,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property loans payable | 5,010,995,000 | 5,018,676,000 | 4,972,327,000 | 5,206,788,000 | 5,423,593,000 | 5,558,506,000 | 5,559,169,000 | 5,511,840,000 | 5,809,951,000 | 6,070,356,000 | 6,040,170,000 | 5,807,743,000 | 5,595,153,000 | 5,529,828,000 | 5,329,011,000 | 5,197,393,000 | 5,163,064,000 | 5,155,218,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
credit facility | 14,800,000 | 15,070,000 | 15,000,000 | 5,100,000 | 145,000,000 | 218,800,000 | 75,000,000 | 154,000,000 | 130,000,000 | 140,000,000 | 155,000,000 | 42,000,000 | 217,000,000 | 232,000,000 | 274,600,000 | 276,000,000 | 68,700,000 | 168,400,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per common share — basic and diluted | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property management revenues, primarily from affiliates | 5,082,000 | 1,114,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property management expenses | 2,869,000 | 510,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a common stock, .01 par value... | 1,164,000 | 1,164,000 | 1,165,000 | 1,162,000 | 961,000 | 968,000 | 959,000 | 972,000 | 972,000 | 957,000 | 954,000 | 953,000 | 948,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding, basic | 115,563,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding, diluted | 115,563,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and stockholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interest in consolidated real estate partnerships | 348,484,000 | 401,351,000 | 415,835,000 | 424,363,000 | 441,778,000 | 256,152,000 | 262,608,000 | 210,878,000 | 212,149,000 | 215,099,000 | 268,629,000 | 275,614,000 | 217,679,000 | 208,991,000 | 213,518,000 | 205,929,000 | 211,804,000 | 221,896,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interest in aimco operating partnership | 88,148,000 | 109,533,000 | 124,337,000 | 104,768,000 | 113,263,000 | 146,843,000 | 155,564,000 | 159,599,000 | 185,447,000 | 190,634,000 | 206,255,000 | 212,153,000 | 217,729,000 | 232,018,000 | 250,747,000 | 260,831,000 | 272,037,000 | 278,184,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders’ equity | 1,418,434,000 | 1,584,666,000 | 1,593,621,000 | 1,550,854,000 | 1,749,704,000 | 2,036,991,000 | 2,273,459,000 | 2,347,440,000 | 2,339,892,000 | 2,373,400,000 | 2,716,740,000 | 2,653,674,000 | 2,834,046,000 | 2,869,286,000 | 2,908,609,000 | 2,958,541,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and stockholders’ equity | 9,403,157,000 | 9,897,215,000 | 10,326,678,000 | 10,551,763,000 | 10,606,532,000 | 10,519,010,000 | 10,399,641,000 | 10,306,066,000 | 10,289,775,000 | 10,221,365,000 | 10,392,396,000 | 10,365,780,000 | 10,263,056,000 | 10,421,366,000 | 10,330,494,000 | 10,184,975,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, perpetual | 723,500,000 | 723,500,000 | 723,500,000 | 723,500,000 | 723,500,000 | 723,500,000 | 723,500,000 | 723,500,000 | 897,000,000 | 797,000,000 | 860,250,000 | 860,250,000 | 860,250,000 | 860,250,000 | 891,500,000 | 841,500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income tax liabilities | 4,379,000 | 3,934,000 | 6,219,000 | 9,432,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, convertible | 100,000,000 | 100,000,000 | 100,000,000 | 100,000,000 | 100,000,000 | 100,000,000 | 150,000,000 | 150,000,000 | 150,000,000 | 150,000,000 | 150,000,000 | 150,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income tax asset | 12,583,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income tax liability | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
secured tax-exempt bond financing | 1,076,569,000 | 1,060,872,000 | 1,107,067,000 | 1,110,270,000 | 1,133,794,000 | 1,092,607,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
secured notes payable | 4,590,674,000 | 4,598,410,000 | 4,718,177,000 | 4,672,936,000 | 4,470,859,000 | 4,477,074,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mandatorily redeemable preferred securities | 15,019,000 | 15,019,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unearned restricted stock | -24,255,000 | -27,024,000 | -28,276,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income taxes payable | 8,257,000 | 14,312,000 | 20,770,000 | 20,139,000 | 29,613,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unvested restricted stock | -30,503,000 | -19,740,000 | -19,336,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-03-31 | 2009-12-31 | 2009-09-30 | 2009-06-30 | 2009-03-31 | 2008-12-31 | 2008-03-31 | 2007-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
cash flows from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 302,993,000 | -16,976,000 | -11,712,000 | -7,636,000 | -20,065,000 | -61,103,000 | -7,196,000 | -153,367,000 | 1,657,000 | 144,000 | -5,753,000 | -205,338,000 | 34,173,000 | 253,211,000 | 10,112,000 | -1,182,000 | -4,846,000 | -20,386,000 | 21,434,000 | -33,137,000 | -24,815,000 | 43,204,000 | 8,977,000 | 142,766,000 | 3,970,000 | 69,996,000 | 291,295,000 | 9,840,000 | 603,917,000 | 7,156,000 | 95,690,000 | 286,189,000 | 22,144,000 | 21,591,000 | 17,155,000 | 177,399,000 | 30,036,000 | 245,953,000 | 29,885,000 | 75,376,000 | 23,769,000 | 68,688,000 | 104,150,000 | 45,459,000 | 144,515,000 | 84,605,000 | 81,532,000 | 148,603,000 | 79,410,000 | 6,979,000 | 2,833,000 | 97,248,000 | 53,335,000 | 34,131,000 | 10,647,000 | 4,657,000 | -26,971,000 | -27,277,000 | -16,760,000 | 4,956,000 | -9,556,000 | -7,631,000 | -32,569,000 | 8,171,000 | -24,546,000 | -12,281,000 |
adjustments to reconcile net income to net cash from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 12,138,000 | 16,363,000 | 16,421,000 | 21,236,000 | 23,545,000 | 22,110,000 | 19,468,000 | 17,728,000 | 17,804,000 | 17,031,000 | 16,271,000 | 15,547,000 | 85,439,000 | 34,863,000 | 23,118,000 | 21,647,000 | 21,709,000 | 20,639,000 | 20,717,000 | -218,449,000 | 98,249,000 | 97,689,000 | 100,476,000 | 97,144,000 | 97,538,000 | 91,924,000 | 93,565,000 | 91,347,000 | 96,406,000 | 97,485,000 | 92,548,000 | 97,348,000 | 92,513,000 | 89,155,000 | 87,168,000 | 87,710,000 | 84,848,000 | 80,680,000 | 79,828,000 | 79,482,000 | 77,237,000 | 75,150,000 | 74,432,000 | 71,465,000 | 69,437,000 | 71,399,000 | 70,307,000 | 62,640,000 | 70,652,000 | 78,287,000 | 80,331,000 | 80,099,000 | 79,598,000 | 91,063,000 | 94,317,000 | 94,622,000 | 92,206,000 | 100,911,000 | 109,019,000 | 88,733,000 | 114,766,000 | 117,699,000 | 123,215,000 | 114,959,000 | 126,524,000 | 117,446,000 |
realized and unrealized losses on interest rate contracts | 101,000 | 72,000 | 261,000 | -588,000 | 1,148,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized and unrealized losses on equity investments | 4,868,000 | 210,000 | 397,000 | 1,403,000 | 566,000 | 47,264,000 | 271,000 | -535,000 | 1,066,000 | -1,094,000 | -137,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax expense | -116,000 | 5,571,000 | -85,000 | -2,340,000 | -3,814,000 | -2,187,000 | -2,730,000 | -1,929,000 | -6,210,000 | -417,000 | -4,196,000 | -7,074,000 | -17,563,000 | -1,827,000 | 2,981,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
share-based compensation expense | 1,670,000 | 1,406,000 | 1,136,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss from unconsolidated real estate partnerships | -430,000 | -381,000 | -544,000 | -349,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment on real estate | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other, including amortization of debt issuance costs | 973,000 | 1,379,000 | 2,901,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
discontinued operations: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on dispositions of real estate | -6,106,000 | 0 | 0 | -47,238,000 | 34,000 | -64,310,000 | -291,473,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other adjustments to income from discontinued operations | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in operating assets and operating liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating assets | 4,640,000 | 429,000 | -3,163,000 | -6,248,000 | 958,000 | -4,497,000 | -3,568,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating liabilities | -4,325,000 | 1,593,000 | -1,784,000 | -3,077,000 | 2,476,000 | 637,000 | 12,446,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total adjustments | -294,068,000 | 26,642,000 | 15,540,000 | 8,464,000 | 36,503,000 | 69,109,000 | 28,908,000 | 161,283,000 | 23,209,000 | 11,942,000 | 11,352,000 | 181,318,000 | 168,701,000 | -234,344,000 | -3,601,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from operating activities | 8,925,000 | 9,666,000 | 3,828,000 | 828,000 | 16,438,000 | 8,006,000 | 21,712,000 | 7,916,000 | 24,866,000 | 12,086,000 | 5,599,000 | -24,020,000 | 202,874,000 | 18,867,000 | 6,511,000 | -9,499,000 | 5,619,000 | 14,142,000 | 2,324,000 | -218,030,000 | 81,519,000 | 106,941,000 | 77,416,000 | 95,724,000 | 108,709,000 | 88,422,000 | 81,617,000 | 93,462,000 | 117,300,000 | 104,303,000 | 81,323,000 | 109,114,000 | 109,012,000 | 107,497,000 | 68,516,000 | 101,268,000 | 99,691,000 | 102,812,000 | 73,953,000 | 101,447,000 | 101,140,000 | 92,653,000 | 64,651,000 | 88,035,000 | 89,110,000 | 89,478,000 | 54,801,000 | 77,473,000 | 75,097,000 | 124,134,000 | 48,892,000 | 74,530,000 | 90,265,000 | 103,560,000 | 48,472,000 | 81,173,000 | 67,528,000 | 27,680,000 | 26,778,000 | 96,441,000 | 77,970,000 | 77,175,000 | -17,774,000 | 86,254,000 | 54,251,000 | 133,040,000 |
cash flows from investing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
capital expenditures | -28,257,000 | -26,426,000 | -19,191,000 | -46,158,000 | -36,009,000 | -36,924,000 | -40,936,000 | -60,302,000 | -82,276,000 | -65,105,000 | -64,814,000 | -53,475,000 | -59,235,000 | -75,157,000 | -49,656,000 | -42,954,000 | -52,503,000 | -50,694,000 | -31,658,000 | 248,380,000 | -89,921,000 | -87,506,000 | -94,842,000 | -100,712,000 | -116,261,000 | -90,942,000 | -85,546,000 | -87,340,000 | -89,033,000 | -88,515,000 | -75,601,000 | -91,481,000 | -90,235,000 | -94,237,000 | -82,151,000 | -87,322,000 | -93,293,000 | -86,454,000 | -79,576,000 | -89,605,000 | -104,500,000 | -101,333,000 | -71,742,000 | -90,110,000 | -94,790,000 | -88,182,000 | -94,242,000 | -75,222,000 | -111,748,000 | -97,304,000 | -66,064,000 | -81,839,000 | -70,940,000 | -61,037,000 | -56,394,000 | -56,581,000 | -31,613,000 | -30,236,000 | -39,057,000 | -82,453,000 | -70,554,000 | -78,967,000 | -68,370,000 | -189,203,000 | -150,823,000 | -233,342,000 |
free cash flows | -19,332,000 | -16,760,000 | -15,363,000 | -45,330,000 | -19,571,000 | -28,918,000 | -19,224,000 | -52,386,000 | -57,410,000 | -53,019,000 | -59,215,000 | -77,495,000 | 143,639,000 | -56,290,000 | -43,145,000 | -52,453,000 | -46,884,000 | -36,552,000 | -29,334,000 | 30,350,000 | -8,402,000 | 19,435,000 | -17,426,000 | -4,988,000 | -7,552,000 | -2,520,000 | -3,929,000 | 6,122,000 | 28,267,000 | 15,788,000 | 5,722,000 | 17,633,000 | 18,777,000 | 13,260,000 | -13,635,000 | 13,946,000 | 6,398,000 | 16,358,000 | -5,623,000 | 11,842,000 | -3,360,000 | -8,680,000 | -7,091,000 | -2,075,000 | -5,680,000 | 1,296,000 | -39,441,000 | 2,251,000 | -36,651,000 | 26,830,000 | -17,172,000 | -7,309,000 | 19,325,000 | 42,523,000 | -7,922,000 | 24,592,000 | 35,915,000 | -2,556,000 | -12,279,000 | 13,988,000 | 7,416,000 | -1,792,000 | -86,144,000 | -102,949,000 | -96,572,000 | -100,302,000 |
proceeds from dispositions of real estate | 0 | 7,000 | 80,373,000 | 342,083,000 | 384,000 | 632,147,000 | 6,529,000 | 69,788,000 | 391,135,000 | 112,000 | 8,736,000 | 2,179,000 | 210,169,000 | 26,653,000 | 289,090,000 | 9,601,000 | 139,660,000 | 0 | 94,606,000 | 133,305,000 | 75,357,000 | 325,832,000 | 138,773,000 | 100,082,000 | 236,578,000 | 112,776,000 | 5,062,000 | 2,898,000 | 199,689,000 | 131,346,000 | 75,173,000 | 78,696,000 | 100,424,000 | 65,299,000 | 22,014,000 | 27,682,000 | 313,188,000 | 296,806,000 | 212,307,000 | 53,630,000 | 640,435,000 | 33,351,000 | 74,920,000 | |||||||||||||||||||||||
other investing activities | 2,210,000 | 437,000 | -557,000 | -851,000 | -526,000 | 572,000 | -153,000 | 454,000 | 554,000 | 2,990,000 | 1,580,000 | 746,000 | -1,177,000 | -43,000 | -73,000 | -11,813,000 | -10,703,000 | -1,435,000 | -49,000 | 10,929,000 | -10,403,000 | -2,719,000 | 4,665,000 | -7,956,000 | -1,878,000 | 1,064,000 | 1,422,000 | -3,203,000 | -384,000 | 2,297,000 | -218,000 | -503,000 | -1,819,000 | 639,000 | 94,000 | 120,000 | 121,000 | 4,804,000 | 5,209,000 | 27,376,000 | -25,363,000 | 3,939,000 | -699,000 | 6,309,000 | 4,301,000 | 5,302,000 | -8,749,000 | 6,785,000 | 3,492,000 | 18,152,000 | -7,478,000 | -43,962,000 | 3,157,000 | -665,000 | 4,785,000 | 6,941,000 | 2,656,000 | 9,434,000 | 6,269,000 | 9,584,000 | 6,919,000 | 11,584,000 | 8,869,000 | -15,096,000 | 10,623,000 | 32,420,000 |
net cash from (used) in investing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows from financing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from non-recourse construction loans and bridge financing | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from revolving credit facility | 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
principal repayments on non-recourse property debt | -68,214,000 | -812,000 | -817,000 | -805,000 | -792,000 | -785,000 | -784,000 | -23,665,000 | -768,000 | -60,762,000 | -779,000 | -17,866,000 | -736,000 | -281,725,000 | -2,101,000 | -2,076,000 | -1,976,000 | -2,157,000 | -18,174,000 | 618,161,000 | -428,007,000 | -251,725,000 | -22,622,000 | -50,882,000 | -206,262,000 | -158,493,000 | -159,254,000 | -59,394,000 | -32,026,000 | -118,619,000 | -194,061,000 | -40,088,000 | -19,179,000 | -95,550,000 | -28,510,000 | -249,376,000 | -140,858,000 | -136,886,000 | -197,974,000 | -116,358,000 | -62,381,000 | -176,551,000 | -142,193,000 | -49,349,000 | -104,183,000 | -154,893,000 | -118,952,000 | -97,810,000 | -76,137,000 | |||||||||||||||||
principal repayments on non-recourse construction loans and bridge financing | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
principal repayments on revolving credit facility | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments of deferred loan costs | -2,016,000 | 0 | 0 | -7,022,000 | -1,624,000 | -456,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from interest rate contracts | 304,000 | 293,000 | 823,000 | 1,214,000 | 1,529,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock repurchased | 0 | 0 | -256,000 | -4,801,000 | -3,157,000 | -24,432,000 | -6,555,000 | -10,074,000 | -14,378,000 | -7,869,000 | -14,522,000 | -19,073,000 | 0 | -3,102,000 | -1,317,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
payments related to withholding taxes for share-based compensation | -783,000 | -1,406,000 | -2,139,000 | -567,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends paid on common stock and distributions paid on op units | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
contributions from redeemable noncontrolling interests | 4,042,000 | 4,034,000 | 2,877,000 | 5,019,000 | 1,240,000 | 0 | 0 | 1,000 | 124,000 | 158,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
distributions to redeemable noncontrolling interests | -2,057,000 | -2,057,000 | -2,010,000 | -2,029,000 | -2,198,000 | -2,057,000 | -2,034,000 | -2,033,000 | -2,058,000 | -2,057,000 | -3,095,000 | -8,448,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
contributions from noncontrolling interests | 177,000 | 177,000 | 174,000 | 183,000 | 194,000 | 194,000 | 485,000 | 38,000 | 71,000 | 113,000 | 50,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
distributions to noncontrolling interests | -396,000 | -344,000 | -430,000 | -451,000 | -326,000 | -436,000 | -401,000 | -406,000 | -288,000 | -310,000 | -287,000 | -310,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
redemption of op units held by third parties | -379,000 | -70,000 | -106,000 | -298,000 | -285,000 | -115,000 | -285,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of redeemable noncontrolling interests in consolidated real estate partnerships | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other financing activities | -1,369,000 | -572,000 | 1,022,000 | 1,093,000 | -3,032,000 | -23,000 | -704,000 | -3,595,000 | 571,000 | -184,000 | 105,000 | 1,098,000 | -1,216,000 | -7,906,000 | -233,000 | -272,000 | -354,000 | 477,000 | 9,339,000 | -23,954,000 | -365,000 | 4,427,000 | 3,821,000 | -10,987,000 | 302,000 | 5,648,000 | -374,000 | -3,053,000 | 3,012,000 | -2,889,000 | -4,377,000 | -2,114,000 | 2,167,000 | 7,937,000 | 8,842,000 | -8,008,000 | -1,681,000 | -2,633,000 | -2,089,000 | -773,000 | -1,657,000 | -4,123,000 | -3,403,000 | -6,857,000 | 9,911,000 | -2,641,000 | -12,696,000 | -6,951,000 | 14,153,000 | -2,873,000 | -1,003,000 | -18,622,000 | 9,743,000 | -18,410,000 | -6,367,000 | 409,000 | 14,221,000 | 2,281,000 | 3,818,000 | -26,401,000 | 6,026,000 | -17,985,000 | 6,244,000 | -12,026,000 | ||
net cash from financing activities | -99,376,000 | 7,351,000 | -79,799,000 | -83,240,000 | 21,490,000 | -2,659,000 | 20,513,000 | 11,738,000 | 36,143,000 | 55,046,000 | 16,503,000 | 66,138,000 | -114,170,000 | -88,240,000 | 37,978,000 | 46,087,000 | 76,501,000 | 109,900,000 | -27,817,000 | 189,212,000 | -59,637,000 | 22,807,000 | 217,712,000 | 178,161,000 | 132,139,000 | -166,025,000 | -208,227,000 | -7,890,000 | -684,750,000 | 17,665,000 | 86,795,000 | -376,852,000 | -20,108,000 | -17,893,000 | 21,552,000 | -224,420,000 | -27,458,000 | -22,901,000 | 5,283,000 | -140,721,000 | 29,137,000 | -106,017,000 | 50,425,000 | 13,747,000 | -270,738,000 | -78,830,000 | -26,061,000 | -453,695,000 | -22,008,000 | 66,431,000 | -10,178,000 | -168,077,000 | -366,274,000 | 148,542,000 | -49,338,000 | -105,960,000 | -31,046,000 | -56,625,000 | -38,989,000 | -366,641,000 | -319,531,000 | -216,540,000 | -179,770,000 | -413,834,000 | 11,905,000 | -277,616,000 |
net increase in cash, cash equivalents, and restricted cash | 357,098,000 | -8,972,000 | -95,719,000 | -63,430,000 | -174,017,000 | -3,510,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash at beginning of year | 0 | 0 | 172,956,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash at end of period | 357,098,000 | -8,972,000 | 77,237,000 | 1,010,000 | -31,005,000 | 140,403,000 | -76,480,000 | 3,731,000 | 188,634,000 | 4,325,000 | 131,132,000 | -83,314,000 | 177,623,000 | 374,816,000 | 84,477,000 | 27,318,000 | -132,482,000 | 198,389,000 | -31,704,000 | -34,641,000 | ||||||||||||||||||||||||||||||||||||||||||||||
net cash from investing activities | -25,989,000 | -19,748,000 | 144,960,000 | -36,918,000 | -36,352,000 | -41,089,000 | 3,728,000 | -137,489,000 | -63,401,000 | -63,234,000 | -37,793,000 | 42,428,000 | -13,941,000 | -111,448,000 | -54,767,000 | -114,592,000 | -64,114,000 | -37,937,000 | 226,644,000 | -195,899,000 | -62,056,000 | -98,014,000 | -189,408,000 | -213,530,000 | -54,879,000 | 252,404,000 | -117,276,000 | 532,809,000 | -122,059,000 | -171,628,000 | 288,843,000 | -96,985,000 | -90,916,000 | -86,238,000 | 136,488,000 | -79,550,000 | -89,140,000 | -65,571,000 | 44,822,000 | -131,871,000 | -104,291,000 | 20,443,000 | -101,997,000 | 176,988,000 | -15,224,000 | -46,089,000 | 364,351,000 | -32,390,000 | -193,200,000 | -73,569,000 | 75,445,000 | 65,560,000 | -22,372,000 | -6,966,000 | 15,294,000 | -32,518,000 | -1,020,000 | 8,826,000 | 244,426,000 | 236,481,000 | 158,246,000 | -8,899,000 | 408,209,000 | -113,534,000 | 17,543,000 | |
proceeds from non-recourse construction loans | 12,748,000 | 9,589,000 | 245,561,000 | 32,641,000 | 23,358,000 | 28,982,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
principal repayments on non-recourse construction loans | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of interest rate contracts | -263,000 | -313,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends paid on common stock and op units | 0 | -88,213,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mezzanine investment loss | 154,801,000 | 756,000 | 129,000 | 128,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
share-based compensation | 1,637,000 | 1,587,000 | 1,604,000 | 1,666,000 | 1,589,000 | 1,667,000 | 1,446,000 | 4,519,000 | 1,009,000 | 1,949,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on extinguishment of debt | 9,000 | 0 | 85,000 | 1,419,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
lease modification income | 0 | -1,576,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash received from lease incentive | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of real estate | 0 | 0 | 877,000 | -29,364,000 | -53,266,000 | -47,492,000 | 0 | -51,386,000 | -11,985,000 | -6,230,000 | -3,517,000 | -3,194,000 | -4,995,000 | -281,833,000 | -3,844,000 | -2,275,000 | -943,000 | -100,464,000 | -40,800,000 | -118,482,000 | -1,111,000 | -12,870,000 | -31,283,000 | -18,548,000 | -896,000 | -36,748,000 | -2,436,000 | |||||||||||||||||||||||||||||||||||||||
investment in iqhq | 0 | 0 | 0 | -14,227,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
redemption of iqhq investment | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
distributions received from unconsolidated real estate partnerships | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment in unconsolidated real estate partnerships | 0 | -405,000 | -1,994,000 | -2,790,000 | -634,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from dispositions of unconsolidated real estate partnerships | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of treasury bill | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from treasury bill | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from non-recourse property debt | 81,500,000 | 60,000,000 | 574,720,000 | 40,000,000 | -568,756,000 | 0 | 867,414,000 | 0 | 0 | 360,613,000 | 146,649,000 | 97,250,000 | 0 | 68,535,000 | 227,000,000 | 152,453,000 | 30,495,000 | 7,766,000 | 119,608,000 | 35,348,000 | 179,173,000 | 18,473,000 | 105,373,000 | 20,156,000 | 23,444,000 | 39,530,000 | 45,323,000 | 76,635,000 | 29,349,000 | 81,658,000 | 108,959,000 | 18,640,000 | 100,080,000 | 15,574,000 | ||||||||||||||||||||||||||||||||
proceeds from sale of participation in mezzanine investment | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
principal repayments on notes payable to air | 0 | -147,039,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments on finance leases | -175,000 | -473,000 | -698,000 | -727,000 | -796,000 | -416,000 | -431,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments of prepayment premiums | -61,000 | -4,345,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends paid on common stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
redemption of redeemable noncontrolling interests | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
redemption of noncontrolling interest in real estate partnership | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of noncontrolling interests in consolidated real estate partnerships | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash at end of year | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of debt issuance costs and other | 7,760,000 | 5,076,000 | 3,339,000 | 765,000 | 684,000 | 306,000 | 808,000 | 638,000 | 728,000 | 607,000 | 814,000 | 583,000 | 192,000 | 371,000 | 238,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in cash, cash equivalents, and restricted cash | 1,010,000 | -31,005,000 | 1,136,000 | 23,382,000 | -76,480,000 | 3,731,000 | -41,132,000 | 4,325,000 | 131,132,000 | -83,314,000 | -66,959,000 | -32,472,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash at beginning of period | 0 | 0 | 139,267,000 | 0 | 0 | 229,766,000 | 0 | 0 | 0 | 244,582,000 | 0 | 0 | 0 | 298,735,000 | -167,582,000 | 0 | 142,541,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
income from unconsolidated real estate partnerships | -258,000 | -312,000 | -261,000 | -319,000 | -121,000 | -174,000 | -120,000 | -159,000 | -44,000 | -256,000 | -230,000 | -235,000 | -253,000 | -255,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
realized and unrealized losses on interest rate options | -1,672,000 | 2,161,000 | -954,000 | -3,383,000 | 1,057,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from interest rate options | 1,847,000 | 1,724,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets | -1,722,000 | 3,301,000 | -3,482,000 | 2,238,000 | -4,865,000 | 20,341,000 | -21,189,000 | 6,752,000 | -7,481,000 | 230,000 | 8,071,000 | -19,231,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued liabilities and other | -5,217,000 | 5,414,000 | 2,476,000 | -9,162,000 | -21,922,000 | -2,106,000 | 2,097,000 | -5,625,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from disposition of real estate | 16,849,000 | 116,365,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from construction loans | 47,022,000 | 54,271,000 | 37,661,000 | 35,491,000 | 38,920,000 | 20,679,000 | 17,982,000 | 15,625,000 | 22,865,000 | 22,182,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
principal repayments on construction loans | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of interest rate options | 0 | -2,397,000 | -2,772,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
redemption of op units | -372,000 | -88,000 | -367,000 | -254,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from interest rate option | 1,805,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mezzanine investment | 204,229,000 | -8,423,000 | -8,330,000 | -8,237,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on disposition of real estate | -5,859,000 | -75,539,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash received from development property lease terminations | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in aimco predecessor investment | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividend paid on common stock | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
redemption of noncontrolling interests | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized and unrealized gains on interest rate options | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized and unrealized gains on equity investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
redemption of common and preferred op units | -76,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized gains on interest rate options | -11,982,000 | -18,778,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized gain on interest rate option | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on equity investment redemption | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
distributions to noncontrolling interests in real estate partnerships | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
contributions from noncontrolling interests in consolidated real estate partnerships | 0 | 9,718,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
contributions from redeemable noncontrolling interests in consolidated real estate partnerships | 13,513,000 | 6,879,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
redemption of redeemable noncontrolling interests in consolidated real estate partnerships | 0 | -5,094,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax benefit | -4,056,000 | -3,689,000 | -2,021,000 | -2,760,000 | -5,100,000 | -1,193,000 | 56,697,000 | -27,941,000 | -4,395,000 | -37,388,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
share based compensation | 2,667,000 | 1,521,000 | 1,936,000 | 1,110,000 | 704,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments on financing leases | -24,516,000 | -1,434,000 | -3,699,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized losses on interest rate options | 4,099,000 | -2,231,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment for mezzanine investment and related transaction costs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from notes payable to air | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
contribution from noncontrolling interests in consolidated real estate partnerships | -443,417,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
contribution from redeemable interests in real estate partnerships | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net (loss) to net cash from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mezzanine investment income | -7,636,000 | -7,551,000 | -7,467,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable, accrued liabilities and other | -1,479,000 | -2,069,000 | 16,631,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from non-recourse debt | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
principal payments on finance leases | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of interest rate option | -133,000 | -182,000 | -5,590,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents, and restricted cash at end of period | -32,472,000 | 59,928,000 | 235,305,000 | -174,017,000 | 139,031,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized (gains) on interest rate options | -25,347,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax (benefit) expense | -2,879,000 | -3,233,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized gain on interest rate option | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable and other | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in cash, cash equivalents and restricted cash | 197,114,000 | 84,477,000 | 125,794,000 | -31,704,000 | -34,641,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other adjustments | 4,206,000 | 4,254,000 | 3,157,000 | 3,986,000 | 3,242,000 | 3,201,000 | 9,455,000 | 2,023,000 | 284,000 | -9,180,000 | -1,561,000 | -3,741,000 | -150,000 | -1,631,000 | -8,749,000 | -5,885,000 | -2,757,000 | -8,495,000 | -2,758,000 | -1,876,000 | 3,425,000 | 5,458,000 | 1,855,000 | -415,000 | 119,000 | -10,800,000 | 2,651,000 | -12,049,000 | 4,281,000 | 4,782,000 | -6,504,000 | 30,888,000 | 13,789,000 | 10,126,000 | 943,000 | |||||||||||||||||||||||||||||||
net changes in operating assets and operating liabilities | 5,626,000 | 11,911,000 | -31,995,000 | 7,457,000 | -10,603,000 | -17,952,000 | 7,548,000 | 2,256,000 | -19,487,000 | 3,302,000 | -180,000 | -32,460,000 | -545,000 | -5,649,000 | -20,824,000 | 6,019,000 | -3,647,000 | -19,743,000 | 2,832,000 | 2,012,000 | -30,971,000 | -19,110,000 | 39,786,000 | -31,382,000 | 11,447,000 | 20,711,000 | -29,860,000 | 20,698,000 | 10,530,000 | -48,038,000 | -36,951,000 | 2,820,000 | -9,128,000 | -99,531,000 | -49,828,000 | |||||||||||||||||||||||||||||||
purchases of real estate and deposits related to purchases of real estate | -90,779,000 | -5,061,000 | -2,733,000 | -6,698,000 | -87,870,000 | -41,507,000 | -2,236,000 | -29,939,000 | -7,040,000 | -40,668,000 | -164,650,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of corporate assets | -4,796,000 | -3,639,000 | -5,104,000 | -2,759,000 | -7,639,000 | -3,867,000 | -3,319,000 | -2,188,000 | -2,881,000 | -1,702,000 | -947,000 | -1,541,000 | -1,353,000 | -3,195,000 | -2,810,000 | -1,068,000 | -2,047,000 | -2,661,000 | -1,764,000 | -2,040,000 | -1,273,000 | -1,185,000 | -2,167,000 | -2,074,000 | -2,275,000 | -2,331,000 | -1,799,000 | -3,495,000 | -3,094,000 | -2,029,000 | -2,552,000 | -3,641,000 | ||||||||||||||||||||||||||||||||||
proceeds from term loan | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net repayments of revolving credit facility | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment of debt issuance costs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment of debt extinguishment costs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repurchases of common stock | 0 | 0 | -10,004,000 | 0 | 0 | 0 | -20,682,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repurchases of preferred stock | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment of dividends to holders of common stock | -60,945,000 | -60,942,000 | -61,116,000 | -67,405,000 | -58,567,000 | -59,649,000 | -59,636,000 | -59,652,000 | -56,390,000 | -56,326,000 | -56,333,000 | -56,328,000 | -51,618,000 | -51,611,000 | -51,527,000 | -51,523,000 | -46,814,000 | -46,795,000 | -46,715,000 | -43,758,000 | -38,014,000 | -37,984,000 | -38,034,000 | -37,970,000 | -35,019,000 | -35,019,000 | -35,018,000 | -34,996,000 | -29,124,000 | -29,109,000 | -23,967,000 | -21,806,000 | ||||||||||||||||||||||||||||||||||
payment of dividends to holders of preferred stock | -2,148,000 | -2,149,000 | -2,148,000 | -2,149,000 | -2,148,000 | -2,149,000 | -2,148,000 | -2,149,000 | -2,148,000 | -2,148,000 | -2,351,000 | -2,758,000 | -2,757,000 | -2,757,000 | -2,757,000 | -2,758,000 | -2,827,000 | -3,592,000 | -2,126,000 | -659,000 | -696,000 | -700,000 | -702,000 | -700,000 | -702,000 | -872,000 | -7,148,000 | -16,560,000 | -12,439,000 | -12,513,000 | -12,421,000 | -12,456,000 | ||||||||||||||||||||||||||||||||||
payment of distributions to noncontrolling interests | -5,224,000 | -5,197,000 | -5,442,000 | -5,300,000 | -5,383,000 | -5,236,000 | -5,701,000 | -6,647,000 | -5,551,000 | -5,096,000 | -11,902,000 | -10,970,000 | -4,653,000 | -5,386,000 | -5,790,000 | -6,680,000 | -17,128,000 | -5,475,000 | -6,423,000 | -11,375,000 | -6,740,000 | -33,083,000 | -6,203,000 | -7,003,000 | -10,862,000 | -7,471,000 | -24,636,000 | -29,931,000 | -11,322,000 | -6,811,000 | -15,702,000 | -19,964,000 | -10,927,000 | -11,233,000 | -15,725,000 | -19,036,000 | -10,431,000 | -11,542,000 | -12,038,000 | -23,810,000 | -15,925,000 | -22,475,000 | -58,151,000 | |||||||||||||||||||||||
redemptions of noncontrolling interests in the aimco operating partnership | -17,485,000 | -286,000 | -1,584,000 | -2,653,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of noncontrolling interests in consolidated real estate partnerships | 0 | -2,863,000 | -6,026,000 | -8,221,000 | -1,939,000 | -589,000 | -3,071,000 | -19,794,000 | -20,642,000 | -27,638,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (repayments of) borrowings on revolving credit facility | -90,360,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net borrowings on (repayments of) revolving credit facility | 318,845,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash, cash equivalents and restricted cash at beginning of period | 177,702,000 | 0 | 0 | 0 | 72,595,000 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from real estate impairment loss | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on dispositions of real estate and the asset management business | -146,239,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable and other assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from dispositions of real estate and the asset management business | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from repayments on notes receivable | 36,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(repayment of) proceeds from term loan | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net borrowings on revolving credit facility | 141,535,000 | 11,475,000 | 110,500,000 | 176,020,000 | 51,770,000 | -56,660,000 | 59,660,000 | -248,150,000 | 111,500,000 | 137,850,000 | 49,200,000 | 67,400,000 | 4,700,000 | 14,800,000 | 15,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of non-recourse property debt | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
principal repayments of non-recourse property debt | -182,556,000 | -188,210,000 | -19,580,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of term loan | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net repayments on revolving credit facility | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
redemption of preferred stock | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment of dividends to common stockholders | -57,969,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment of dividends to preferred stockholders | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
redemption of noncontrolling interests in the aimco operating partnership | -827,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in cash, cash equivalents and restricted cash | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases and redemptions of noncontrolling interests | -861,000 | -3,054,000 | -8,341,000 | -3,550,000 | -1,100,000 | -318,537,000 | -4,628,000 | -3,434,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of debt issue costs and other | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment of debt issue costs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
redemptions of preferred stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on dispositions of real estate and the asset management business, inclusive of related income tax | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on dispositions of real estate, inclusive of related income tax | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(gain) loss on dispositions of real estate, inclusive of related income tax | -50,324,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on dispositions of real estate, net of tax | -298,678,000 | 233,000 | -156,564,000 | -14,498,000 | -216,541,000 | -6,187,000 | -50,119,000 | 0 | -44,781,000 | -85,693,000 | -26,153,000 | -126,329,000 | -66,662,000 | -69,492,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in restricted cash | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net borrowings (repayments) on revolving credit facility | 54,460,000 | 79,080,000 | 218,800,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common stock | 0 | 0 | -5,000 | 366,585,000 | -58,000 | 35,837,000 | 11,039,000 | 33,799,000 | 27,174,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in cash and cash equivalents | -1,312,000 | 3,830,000 | 13,336,000 | -7,317,000 | -9,229,000 | 13,665,000 | 5,548,000 | -1,594,000 | -117,655,000 | 135,519,000 | 20,699,000 | -18,102,000 | -210,449,000 | -25,774,000 | 80,629,000 | -47,378,000 | -127,033,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of period | 0 | 0 | 0 | 61,244,000 | 0 | 0 | 0 | 50,789,000 | 0 | 0 | 0 | 28,971,000 | 0 | 0 | 0 | 55,751,000 | 0 | 0 | 0 | 84,413,000 | 0 | 0 | 0 | 91,066,000 | 0 | 0 | 111,325,000 | 81,260,000 | 0 | 0 | 299,676,000 | 210,461,000 | ||||||||||||||||||||||||||||||||||
cash and cash equivalents at end of period | 21,105,000 | -8,081,000 | -1,312,000 | 65,074,000 | 13,336,000 | -7,317,000 | -9,229,000 | 64,454,000 | 5,548,000 | -1,594,000 | -117,655,000 | 164,490,000 | -215,000 | -4,640,000 | -4,576,000 | 38,402,000 | -11,871,000 | 20,699,000 | -2,635,000 | 49,558,000 | -18,102,000 | -210,449,000 | 229,730,000 | 83,234,000 | -9,493,000 | 3,964,000 | 81,360,000 | 77,875,000 | -5,080,000 | 18,881,000 | 93,233,000 | 163,083,000 | ||||||||||||||||||||||||||||||||||
cash flows from operating activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows from investing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in restricted cash | -173,000 | 335,000 | 1,445,000 | 270,849,000 | -290,075,000 | 3,234,000 | 208,000 | 146,000 | 2,546,000 | 62,402,000 | -67,675,000 | -28,511,000 | -2,130,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows from financing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in cash and cash equivalents | -215,000 | -4,640,000 | -4,576,000 | -17,349,000 | -34,855,000 | -7,832,000 | 3,964,000 | -29,965,000 | -3,385,000 | -206,443,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on dispositions of real estate, inclusive of tax | 394,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (repayments) borrowings on revolving credit facility | 47,520,000 | -112,330,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of preferred stock | -69,000 | -38,000 | 0 | 0 | -18,000 | 9,836,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
redemptions and repurchases of preferred stock | 18,000 | -300,018,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deposits for purchases of real estate | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from real estate impairment losses | 407,000 | -2,452,000 | -2,270,000 | 6,707,000 | 6,364,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of deferred loan costs and other | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to net income from discontinued operations | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of property loans | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from repayment of property loans and option value | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from common stock option exercises | 181,000 | 459,000 | 107,000 | 21,000 | 0 | 10,000 | 0 | 983,000 | 1,000 | 0 | 47,052,000 | 1,854,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
redemption and repurchase of preferred stock | 0 | 0 | -27,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of real estate and investments in unconsolidated real estate partnerships | 11,000 | -9,984,000 | -39,738,000 | -40,005,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of west harlem first mortgage property loans | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from repayment of west harlem property loans and option value | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sales of and distributions from unconsolidated real estate partnerships | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
discontinued operations | -65,589,000 | -2,669,000 | -1,951,000 | -35,726,000 | -38,072,000 | -34,230,000 | -28,647,000 | -13,507,000 | -3,134,000 | -19,384,000 | -56,979,000 | -33,805,000 | -8,153,000 | 1,158,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
repurchase of preferred stock | -16,000 | 0 | -9,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in (income) losses of unconsolidated real estate partnerships | -21,000 | -277,000 | -104,000 | -524,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on dispositions of unconsolidated real estate and other | -3,094,000 | -809,000 | -1,212,000 | -2,642,000 | -3,914,000 | -3,969,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of interests in unconsolidated real estate and corporate assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of investment in debt securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on dispositions of interests in unconsolidated real estate and other | -1,251,000 | -16,033,000 | -2,422,000 | -2,180,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of interests in and distributions from unconsolidated real estate partnerships | -2,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in losses of unconsolidated real estate partnerships | 1,608,000 | -205,000 | 2,242,000 | 763,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stock-based compensation expense | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in cash from consolidation and deconsolidation of entities | 13,118,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments on term loans | -45,000,000 | -90,000,000 | 0 | -50,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of interests in and distributions from real estate partnerships | 6,194,000 | 8,504,000 | 8,039,000 | 1,974,000 | 1,329,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of investments in debt securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
originations of notes receivable from unconsolidated real estate partnerships | -230,000 | -50,000 | -361,000 | -220,000 | -1,275,000 | -965,000 | -3,146,000 | -3,497,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from collection of notes receivable | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from class a common stock option exercises | 0 | 0 | 1,806,000 | -225,000 | 316,000 | 2,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment of dividends to holders of class a common stock | -14,498,000 | -14,338,000 | -14,239,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in losses (earnings) of unconsolidated real estate partnerships | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from repayment of notes receivable | 5,823,000 | 441,000 | 117,000 | 561,000 | 327,000 | 2,908,000 | 1,468,000 | 1,892,000 | 4,880,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from property loans | 341,417,000 | 321,184,000 | 49,854,000 | 156,150,000 | 5,490,000 | 437,654,000 | 173,149,000 | 426,985,000 | 213,321,000 | 236,937,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
principal repayments on property loans | -376,224,000 | -271,495,000 | -35,369,000 | -231,622,000 | -162,015,000 | -494,755,000 | -187,926,000 | -438,108,000 | -136,197,000 | -26,845,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
principal repayments on tax-exempt bond financing | -981,000 | -97,466,000 | -886,000 | -35,734,000 | -51,354,000 | -66,455,000 | -4,319,000 | -128,074,000 | -1,228,000 | -1,586,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity in losses (income) of unconsolidated real estate partnerships | 1,648,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from impairment losses on real estate development assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from operating real estate impairment losses | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
distributions of earnings from unconsolidated entities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of interests and distributions from real estate partnerships | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of partnership interests and other assets | -1,148,000 | -2,888,000 | -1,387,000 | -1,217,000 | -1,350,000 | -5,181,000 | -8,413,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
originations of notes receivable | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from tax-exempt bond financing | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(payments on) proceeds from other borrowings | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repurchases and redemptions of preferred stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repurchases of class a common stock | -199,370,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment of class a common stock dividends | -11,649,000 | -11,543,000 | -11,628,000 | -11,781,000 | -60,383,000 | -53,456,000 | -54,655,000 | -57,203,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment of preferred stock dividends | -12,922,000 | -12,935,000 | -12,987,000 | -13,127,000 | -13,166,000 | -13,606,000 | -14,208,000 | -17,991,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of year | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at end of year | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sales of interests in and distributions from unconsolidated real estate partnerships | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sales of interests in unconsolidated real estate partnerships | 2,065,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in funds held in escrow from tax-free exchanges | 4,136,000 | 345,000 | -94,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(payments on) borrowings under term loans | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from (payments on) other borrowings | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (decrease)/increase in cash and cash equivalents | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(gain) loss on dispositions of unconsolidated real estate | -10,862,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deficit distributions to minority partners | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
real estate impairment losses (recoveries) | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income tax benefit | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interest in consolidated real estate partnerships | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interest in aimco operating partnership | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
distributions of earnings to minority interest in consolidated real estate partnerships | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on disposition of real estate, net of minority partners’ interest | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash from newly consolidated properties | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repurchase of class a common stock | -121,674,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
principal repayments received on notes due on class a common stock purchases | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment of distributions to minority interest | -110,203,000 | -42,318,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on dispositions of unconsolidated real estate | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
distributions from investments in unconsolidated real estate partnerships | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from tax exempt bond financing | 21,200,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income tax provision | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on dispositions of real estate, net of minority partners’ interest | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of interests in real estate partnerships | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
borrowings under term loans | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments on other borrowings | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
redemption of mandatorily redeemable preferred securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
contributions from minority interest | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other adjustments to reconcile net income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net changes in operating assets and operating liabilities, net of effects from acquisitions | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to income from discontinued operations | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash recognized upon initial consolidations of properties | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of general and limited partnership interests and other assets; net of cash acquired | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans advanced to unconsolidated real estate partnerships | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from repayment of loans advanced to unconsolidated real esate partnerships | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from tax-exempt bonds | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments on revolving loan commitments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of preferred stock; net of issuance costs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
principal payments received on notes due on class a stock purchases | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
distributions of minority interests | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of general and limited partnership interests and other assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
distributions received from investments in unconsolidated real estate partnerships | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from tax exempt bonds | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net borrowings (repayments) on term loans and revolving credit facility | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cumulative effect of change in accounting principle | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
distributions and sales proceeds from investments in real estate partnerships | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net borrowings (paydowns) on term loans and revolving credit facility | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds (paydowns) on other borrowings | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of non-real estate related corporate assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of investments and other assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid in connection with merger/acquisition related costs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from secured notes payable borrowings | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
principal repayments on secured notes payable | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from other borrowings | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment of loan costs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance (redemption) of mandatorily redeemable preferred securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of class a common stock, high performance units and exercise of options/warrants and other | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repurchase of class a common stock, redemption of op units and warrant purchase | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net borrowings on term loans and revolving credit facility | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental cash flow information: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
secured debt assumed in connection with purchase of real estate | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
funds held in escrow from tax-free exchanges | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of class a common stock, high performance units and exercise of options/warrants | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repurchase of class a common stock and redemption of op units | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on dispositions of real estate related to unconsolidated entities and other | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment loss on investment in unconsolidated real estate partnerships | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
recovery of deficit distributions to minority partners | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment loss on real estate assets sold or held for sale | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income taxes |