Earnings and Dividends per Share and per Unit (Tables)

6 Months Ended

Jun. 30, 2022

Earnings Per Share [Abstract]

Reconciliations of Numerator and Denominator in Calculations of Basic and Diluted Earnings (Loss) 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 and six months ended June 30, 2022 and 2021, are as follows (in thousands, except per share and per unit data):

	Three Months Ended June 30,						Six Months Ended June 30,
	2022			2021			2022			2021
Earnings per share
Numerator:
Net income (loss) attributable to Aimco	$	239,137		$	(19,690	)	$	247,346		$	524
Net income allocated to Aimco participating securities		(3,284	)		—			(3,410	)		—
Net income (loss) attributable to Aimco common stockholders	$	235,853		$	(19,690	)	$	243,936		$	524
Denominator - shares:
Basic weighted-average common stock outstanding		149,600			149,166			149,694			149,082
Diluted share equivalents outstanding		823			—			966			360
Diluted weighted-average common stock outstanding		150,423			149,166			150,660			149,442
Earnings (loss) per share - basic	$	1.58		$	(0.13	)	$	1.63		$	0.00
Earnings (loss) per share - diluted	$	1.57		$	(0.13	)	$	1.62		$	0.00
Earnings per unit
Numerator:
Net income (loss) attributable to Aimco Operating Partnership	$	251,796		$	(20,727	)	$	260,440		$	568
Net income allocated to Aimco Operating Partnership participating securities		(3,423	)		—			(3,551	)		—
Net income (loss) attributable to Aimco Operating Partnership's common unitholders	$	248,373		$	(20,727	)	$	256,889		$	568
Denominator - units
Basic weighted-average common partnership units outstanding		157,525			157,134			157,621			157,093
Diluted partnership unit equivalents outstanding		922			-			1,045			360
Diluted weighted-average common partnership units outstanding		158,447			157,134			158,666			157,453
Earnings (loss) per unit - basic	$	1.58		$	(0.13	)	$	1.63		$	0.00
Earnings (loss) per unit - diluted	$	1.57		$	(0.13	)	$	1.62		$	0.00