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Earnings and Dividends per Share and Unit (Tables)
3 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Reconciliations of Numerator and Denominator in Calculations of Basic and Diluted Earnings per Share and per Unit

Reconciliations of the numerator and denominator in the calculations of basic and diluted earnings per share and per unit for the three months ended March 31, 2022 and 2021, are as follows (in thousands, except per share and per unit data):

 

Three Months Ended March 31,

 

 

2022

 

 

2021

 

Earnings per share

 

 

 

 

 

Numerator:

 

 

 

 

 

Net income attributable to Aimco

$

8,209

 

 

$

20,214

 

Net income allocated to Aimco participating securities

 

(114

)

 

 

 

Net income attributable to Aimco common stockholders

$

8,095

 

 

$

20,214

 

 

 

 

 

 

 

Denominator - shares:

 

 

 

 

 

Basic weighted-average common stock outstanding

 

149,790

 

 

 

148,914

 

Diluted share equivalents outstanding

 

558

 

 

 

132

 

Diluted weighted-average common stock outstanding

 

150,348

 

 

 

149,046

 

 

 

 

 

 

 

Earnings per share - basic

$

0.05

 

 

$

0.14

 

Earnings per share - diluted

$

0.05

 

 

$

0.14

 

 

 

 

 

 

 

Earnings per unit

 

 

 

 

 

Numerator:

 

 

 

 

 

Net income attributable to Aimco Operating Partnership

$

8,644

 

 

$

21,295

 

Net income allocated to Aimco Operating Partnership participating securities

 

(118

)

 

 

 

Net income attributable to Aimco Operating Partnership's common unitholders

$

8,526

 

 

$

21,295

 

 

 

 

 

 

 

Denominator - units

 

 

 

 

 

Basic weighted-average common partnership units outstanding

 

157,718

 

 

 

156,882

 

Diluted partnership unit equivalents outstanding

 

767

 

 

 

132

 

Diluted weighted-average common partnership units outstanding

 

158,485

 

 

 

157,014

 

 

 

 

 

 

 

Earnings per unit - basic

$

0.05

 

 

$

0.14

 

Earnings per unit - diluted

$

0.05

 

 

$

0.14