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Assets Held for Sale and Discontinued Operations (Tables)
 9 Months Ended
Sep. 30, 2012
Discontinued Operations and Disposal Groups [Abstract]  
Amounts classified as held for sale in consolidated balance sheets
 
September 30,
2012
 
December 31,
2011
Real estate, net
$
45,210

 
$
337,074

Other assets
1,265

 
11,028

Assets held for sale
$
46,475

 
$
348,102

Property debt
$
46,418

 
$
314,906

Other liabilities
311

 
3,012

Liabilities related to assets held for sale
$
46,729

 
$
317,918
Components of income from discontinued operations including portions attributable to Aimco and noncontrolling interests
 
Three Months Ended
 
Nine Months Ended
 
September 30,
 
September 30,
 
2012
 
2011
 
2012
 
2011
Rental and other property revenues
$
7,297

 
$
30,365

 
$
37,244

 
$
104,551

Property operating expenses
(5,020
)
 
(17,279
)
 
(16,970
)
 
(54,643
)
Depreciation and amortization
(2,549
)
 
(10,565
)
 
(15,013
)
 
(36,365
)
Provision for real estate impairment losses
(2,453
)
 
(5,671
)
 
(8,837
)
 
(11,979
)
Operating (loss) income
(2,725
)
 
(3,150
)
 
(3,576
)
 
1,564

Interest income
55

 
180

 
185

 
1,019

Interest expense
(1,872
)
 
(5,946
)
 
(6,605
)
 
(20,171
)
Loss before gain on dispositions of real estate and income tax
(4,542
)
 
(8,916
)
 
(9,996
)
 
(17,588
)
Gain on dispositions of real estate
55,721

 
37,467

 
139,925

 
64,901

Income tax (expense) benefit
(2,413
)
 
377

 
(8,047
)
 
701

Income from discontinued operations, net
$
48,766

 
$
28,928

 
$
121,882

 
$
48,014

Income from discontinued operations attributable to noncontrolling interests in consolidated real estate partnerships
(11,683
)
 
(11,838
)
 
(22,902
)
 
(16,924
)
Income from discontinued operations attributable to the Aimco Operating Partnership
$
37,083

 
$
17,090

 
98,980

 
31,090

Income from discontinued operations attributable to noncontrolling interests in Aimco Operating Partnership
(2,141
)
 
(1,127
)
 
(6,012
)
 
(2,063
)
Income from discontinued operations attributable to Aimco
$
34,942

 
$
15,963

 
$
92,968

 
$
29,027