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Earnings and Dividends per Share and per Unit (Tables)
 9 Months Ended
Sep. 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 nine months ended September 30, 2022 and 2021, are as follows (in thousands, except per share and per unit data):

 

 

Three Months Ended
September 30,

 

 

Nine Months Ended
September 30,

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Earnings per share

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) attributable to Aimco

$

29,472

 

 

$

(5,016

)

 

$

276,817

 

 

$

(4,492

)

Net income (loss) allocated to Aimco participating securities

 

(405

)

 

 

—

 

 

 

(3,806

)

 

 

—

 

   Net income (loss) attributable to Aimco common stockholders

 

29,067

 

 

 

(5,016

)

 

 

273,011

 

 

 

(4,492

)

 

 

 

 

 

 

 

 

 

 

 

 

Denominator - shares:

 

 

 

 

 

 

 

 

 

 

 

Basic weighted-average common stock outstanding

 

149,611

 

 

 

149,762

 

 

 

149,706

 

 

 

149,517

 

Diluted share equivalents outstanding

 

1,586

 

 

 

—

 

 

 

1,370

 

 

 

—

 

Diluted weighted-average common stock outstanding

 

151,197

 

 

 

149,762

 

 

 

151,076

 

 

 

149,517

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings (loss) per share - basic

$

0.19

 

 

$

(0.03

)

 

$

1.82

 

 

$

(0.03

)

Earnings (loss) per share - diluted

$

0.19

 

 

$

(0.03

)

 

$

1.81

 

 

$

(0.03

)

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per unit

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

Net income (loss) attributable to Aimco Operating Partnership

$

31,026

 

 

$

(5,269

)

 

$

291,465

 

 

$

(4,701

)

Net income (loss) allocated to Aimco Operating Partnership participating securities

 

(421

)

 

 

—

 

 

 

(3,964

)

 

 

—

 

Net income (loss) attributable to Aimco Operating Partnership's common unit holders

 

30,605

 

 

 

(5,269

)

 

 

287,501

 

 

 

(4,701

)

 

 

 

 

 

 

 

 

 

 

 

 

Denominator - units

 

 

 

 

 

 

 

 

 

 

 

Basic weighted-average common partnership units outstanding

 

157,530

 

 

 

157,806

 

 

 

157,627

 

 

 

157,873

 

Diluted partnership unit equivalents outstanding

 

1,606

 

 

 

-

 

 

 

1,390

 

 

 

-

 

Diluted weighted-average common partnership units outstanding

 

159,136

 

 

 

157,806

 

 

 

159,017

 

 

 

157,873

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings (loss) per unit - basic

$

0.19

 

 

$

(0.03

)

 

$

1.82

 

 

$

(0.03

)

Earnings (loss) per unit - diluted

$

0.19

 

 

$

(0.03

)

 

$

1.81

 

 

$

(0.03

)