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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands
6 Months Ended 12 Months Ended
Jun. 30, 2011
Dec. 31, 2010
ASSETS    
Buildings and improvements $ 6,993,515 $ 7,100,012
Land 2,107,082 2,108,349
Total real estate 9,100,597 9,208,361
Less accumulated depreciation (2,837,896) (2,821,935)
Net real estate ($817,297 and $846,081 related to VIEs) 6,262,701 6,386,426
Cash and cash equivalents ($35,430 and $34,808 related to VIEs) 85,324 111,325
Restricted cash ($50,373 and $55,076 related to VIEs) 196,426 200,503
Accounts receivable, net ($10,238 and $8,393 related to VIEs) 41,293 49,855
Accounts receivable from affiliates, net 5,179 8,392
Deferred financing costs, net 46,984 46,953
Notes receivable from unconsolidated real estate partnerships, net 10,209 10,896
Notes receivable from non-affiliates, net 117,078 116,726
Investment in unconsolidated real estate partnerships ($48,748 and $54,374 related to VIEs) 74,349 59,282
Other assets 239,797 180,596
Deferred income tax assets, net 61,919 58,736
Assets held for sale 23,713 148,876
Total assets 7,164,972 7,378,566
LIABILITIES AND EQUITY    
Non-recourse property tax-exempt bond financing ($225,837 and $209,550 related to VIEs) 434,536 511,811
Non-recourse property loans payable ($417,669 and $428,417 related to VIEs) 4,872,614 4,833,938
Revolving credit facility borrowings 21,500 0
Other borrowings ($13,294 and $15,486 related to VIEs) 40,974 47,018
Total indebtedness 5,369,624 5,392,767
Accounts payable 25,988 27,322
Accrued liabilities and other ($66,162 and $79,170 related to VIEs) 228,396 250,103
Deferred income 147,082 150,577
Security deposits 34,982 34,308
Liabilities related to assets held for sale 24,177 113,289
Total liabilities 5,830,249 5,968,366
Preferred noncontrolling interests in Aimco Operating Partnership 83,387 83,428
Preferred stock subject to repurchase agreement 10,000 20,000
Commitments and contingencies (Note 5)    
Equity:    
Perpetual Preferred Stock 657,601 657,601
Class A Common Stock, $0.01 par value, 485,687,260 and 422,157,736 shares authorized, 120,477,521 and 117,642,872 shares issued and outstanding at June 30, 2011 and December 31, 2010, respectively 1,205 1,176
Additional paid-in capital 3,095,994 3,070,296
Accumulated other comprehensive loss (1,147) (2,076)
Distributions in excess of earnings (2,774,353) (2,680,955)
Total Aimco equity 979,300 1,046,042
Noncontrolling interests in consolidated real estate partnerships 289,865 291,458
Common noncontrolling interests in Aimco Operating Partnership (27,829) (30,728)
Total equity 1,241,336 1,306,772
Total liabilities and equity $ 7,164,972 $ 7,378,566