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Consolidated Balance Sheets (USD $)
In Thousands
Dec. 31, 2010
Dec. 31, 2009
Real estate:    
Buildings and improvements $ 7,100,337 $ 6,911,105
Land 2,108,024 2,091,868
Total real estate 9,208,361 9,002,973
Less accumulated depreciation (2,821,935) (2,436,349)
Net real estate ($846,081 and $835,769 related to VIEs) 6,386,426 6,566,624
Cash and cash equivalents ($34,808 and $23,366 related to VIEs) 111,325 81,260
Restricted cash ($55,076 and $56,116 related to VIEs) 200,503 217,821
Accounts receivable, net ($13,576 and $18,997 related to VIEs) 49,855 59,822
Accounts receivable from affiliates, net 8,392 23,744
Deferred financing costs, net 46,953 49,153
Notes receivable from unconsolidated real estate partnerships, net 10,896 14,295
Notes receivable from non-affiliates, net 126,726 125,269
Investment in unconsolidated real estate partnerships ($54,374 and $99,460 related to VIEs) 59,282 105,324
Other assets 170,596 185,890
Deferred income tax assets, net 58,736 42,015
Assets held for sale 148,876 435,251
Total assets 7,378,566 7,906,468
LIABILITIES AND EQUITY    
Non-recourse property tax-exempt bond financing ($209,550 and $208,921 related to VIEs) 511,811 572,156
Non-recourse property loans payable ($428,417 and $377,265 related to VIEs) 4,833,938 4,656,072
Term loan 0 90,000
Other borrowings ($15,486 and $15,665 related to VIEs) 47,018 53,057
Total indebtedness 5,392,767 5,371,285
Accounts payable 27,322 29,819
Accrued liabilities and other ($79,170 and $63,456 related to VIEs) 250,103 286,328
Deferred income 150,577 178,616
Security deposits 34,308 33,161
Liabilities related to assets held for sale 113,289 355,900
Total liabilities 5,968,366 6,255,109
Preferred noncontrolling interests in Aimco Operating Partnership 83,428 86,656
Preferred stock subject to repurchase agreement (Note 11) 20,000 30,000
Equity:    
Perpetual Preferred Stock (Note 11) 657,601 660,500
Class A Common Stock, $0.01 par value, 422,157,736 and 426,157,736 shares authorized, 117,642,872 and 116,479,791 shares issued and outstanding, at December 31, 2010 and 2009, respectively 1,176 1,165
Additional paid-in capital 3,070,882 3,072,665
Accumulated other comprehensive loss (2,076) (1,138)
Notes due on common stock purchases (586) (1,392)
Distributions in excess of earnings (2,680,955) (2,492,082)
Total Aimco equity 1,046,042 1,239,718
Noncontrolling interests in consolidated real estate partnerships 291,458 316,177
Common noncontrolling interests in Aimco Operating Partnership (30,728) (21,192)
Total equity 1,306,772 1,534,703
Total liabilities and equity $ 7,378,566 $ 7,906,468