XML 39 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
ASSETS    
Buildings and improvements $ 6,593,894 $ 6,372,683
Land 2,006,360 1,968,433
Total real estate 8,600,254 8,341,116
Less accumulated depreciation (2,849,046) (2,633,242)
Net real estate ($741,662 and $775,668 related to VIEs) 5,751,208 5,707,874
Cash and cash equivalents ($44,043 and $43,286 related to VIEs) 102,515 91,066
Restricted cash ($45,975 and $43,913 related to VIEs) 158,649 184,626
Accounts receivable, net ($10,022 and $8,434 related to VIEs) 36,540 41,796
Notes receivable 103,288 111,205
Investment in unconsolidated real estate partnerships ($22,504 and $29,301 related to VIEs) 38,249 47,790
Other assets 328,464 339,403
Assets held for sale 46,475 348,102
Total assets 6,565,388 6,871,862
LIABILITIES AND EQUITY    
Non-recourse property debt ($617,717 and $621,203 related to VIEs) 4,871,981 4,870,426
Revolving credit facility borrowings 66,200 0
Total indebtedness 4,938,181 4,870,426
Accounts payable 28,488 32,607
Accrued liabilities and other ($59,000 and $79,573 related to VIEs) 235,881 283,247
Deferred income 133,054 139,606
Liabilities related to assets held for sale 46,729 317,918
Total liabilities 5,382,333 5,643,804
Preferred noncontrolling interests in Aimco Operating Partnership 80,077 83,384
Commitments and contingencies (Note 8) 0 0
Equity:    
Perpetual Preferred Stock 68,114 657,114
Common Stock, $0.01 par value, 480,887,260 shares authorized, 145,554,888 and 120,916,294 shares issued/outstanding at September 30, 2012 and December 31, 2011, respectively 1,456 1,209
Additional paid-in capital 3,714,674 3,098,333
Accumulated other comprehensive loss (6,397) (6,860)
Distributions in excess of earnings (2,902,175) (2,841,467)
Total Aimco equity 875,672 908,329
Noncontrolling interests in consolidated real estate partnerships 264,286 270,666
Common noncontrolling interests in Aimco Operating Partnership (36,980) (34,321)
Total equity 1,102,978 1,144,674
Total liabilities and equity 6,565,388 6,871,862
AIMCO PROPERTIES, L.P
   
ASSETS    
Buildings and improvements 6,593,894 6,372,683
Land 2,006,360 1,968,433
Total real estate 8,600,254 8,341,116
Less accumulated depreciation (2,849,046) (2,633,242)
Net real estate ($741,662 and $775,668 related to VIEs) 5,751,208 5,707,874
Cash and cash equivalents ($44,043 and $43,286 related to VIEs) 102,515 91,066
Restricted cash ($45,975 and $43,913 related to VIEs) 158,649 184,626
Accounts receivable, net ($10,022 and $8,434 related to VIEs) 36,540 41,796
Notes receivable 103,288 111,205
Investment in unconsolidated real estate partnerships ($22,504 and $29,301 related to VIEs) 38,249 47,790
Other assets 328,464 339,403
Assets held for sale 46,475 348,102
Total assets 6,565,388 6,871,862
LIABILITIES AND EQUITY    
Non-recourse property debt ($617,717 and $621,203 related to VIEs) 4,871,981 4,870,426
Revolving credit facility borrowings 66,200 0
Total indebtedness 4,938,181 4,870,426
Accounts payable 28,488 32,607
Accrued liabilities and other ($59,000 and $79,573 related to VIEs) 235,881 283,247
Deferred income 133,054 139,606
Liabilities related to assets held for sale 46,729 317,918
Total liabilities 5,382,333 5,643,804
Redeemable preferred units 80,077 83,384
Commitments and contingencies (Note 8) 0 0
Equity:    
Preferred units 68,114 657,114
General Partner and Special Limited Partner 807,558 251,215
Limited Partners (36,980) (34,321)
Partners' capital attributable to the Aimco Operating Partnership 838,692 874,008
Noncontrolling interests in consolidated real estate partnerships 264,286 270,666
Total partners' capital 1,102,978 1,144,674
Total liabilities and equity $ 6,565,388 $ 6,871,862