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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
ASSETS    
Buildings and improvements $ 1,391,963 $ 1,322,381
Land 640,892 641,102
Total real estate 2,032,855 1,963,483
Accumulated depreciation (545,604) (530,722)
Net real estate 1,487,251 1,432,761
Cash and cash equivalents 166,149 206,460
Restricted cash 22,485 23,306
Mezzanine investment 158,430 158,558
Unconsolidated real estate partnerships 16,470 15,789
Notes receivable 39,363 39,014
Right-of-use lease assets- finance leases 110,625 110,269
Other assets, net 127,894 132,679
Total assets 2,189,175 2,181,223
LIABILITIES AND EQUITY    
Non-recourse property debt, net 929,291 929,501
Construction loans, net 155,691 118,698
Total indebtedness 1,084,982 1,048,199
Deferred tax liabilities 114,883 119,615
Lease liabilities - finance leases 116,212 114,625
Accrued liabilities and other 97,220 106,600
Total liabilities 1,413,297 1,389,039
Redeemable noncontrolling interests in consolidated real estate partnerships 167,129 166,826
Commitments and contingencies (Note 3)
Equity (510,587,500 shares authorized at both March 31, 2023 and December 31, 2022):    
Common Stock, $0.01 par value, 144,718,453 and 146,524,941 shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively 1,448 1,466
Additional paid-in capital 489,304 496,482
Retained earnings 41,087 49,904
Total Aimco equity 531,839 547,852
Noncontrolling interests in consolidated real estate partnerships 48,321 48,294
Common noncontrolling interests in Aimco Operating Partnership 28,589 29,212
Total equity 608,749 625,358
Total liabilities and equity 2,189,175 2,181,223
Aimco OP L.P. [Member]    
ASSETS    
Buildings and improvements 1,391,963 1,322,381
Land 640,892 641,102
Total real estate 2,032,855 1,963,483
Accumulated depreciation (545,604) (530,722)
Net real estate 1,487,251 1,432,761
Cash and cash equivalents 166,149 206,460
Restricted cash 22,485 23,306
Mezzanine investment 158,430 158,558
Unconsolidated real estate partnerships 16,470 15,789
Notes receivable 39,363 39,014
Right-of-use lease assets- finance leases 110,625 110,269
Other assets, net 127,894 132,679
Total assets 2,189,175 2,181,223
LIABILITIES AND EQUITY    
Non-recourse property debt, net 929,291 929,501
Construction loans, net 155,691 118,698
Total indebtedness 1,084,982 1,048,199
Deferred tax liabilities 114,883 119,615
Lease liabilities - finance leases 116,212 114,625
Accrued liabilities and other 97,220 106,600
Total liabilities 1,413,297 1,389,039
Redeemable noncontrolling interests in consolidated real estate partnerships 167,129 166,826
Commitments and contingencies (Note 3)
Equity (510,587,500 shares authorized at both March 31, 2023 and December 31, 2022):    
General Partner and Special Limited Partner 531,839 547,852
Limited Partners 28,589 29,212
Partners’ capital attributable to Aimco Operating Partnership 560,428 577,064
Noncontrolling interests in consolidated real estate partnerships 48,321 48,294
Total partners’ capital 608,749 625,358
Total liabilities and equity 2,189,175 2,181,223
Interest Rate Options    
ASSETS    
Interest rate options 60,508 62,387
Interest Rate Options | Aimco OP L.P. [Member]    
ASSETS    
Interest rate options $ 60,508 $ 62,387