Earnings per Share and per Unit (Tables)

6 Months Ended

Jun. 30, 2023

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 and six months ended June 30, 2023 and 2022, are as follows (in thousands, except per share and per unit data):

	Three Months Ended June 30,						Six Months Ended June 30,
	2023			2022			2023			2022
Earnings per share
Numerator:
Net income (loss) attributable to Aimco	$	(3,602	)	$	239,137		$	(12,419	)	$	247,346
Net income allocated to Aimco participating securities		—			(3,284	)		—			(3,410	)
Net income (loss) attributable to Aimco common stockholders	$	(3,602	)	$	235,853		$	(12,419	)	$	243,936
Denominator - shares:
Basic weighted-average common stock outstanding		144,195			149,600			145,007			149,694
Diluted share equivalents outstanding		—			823			—			966
Diluted weighted-average common stock outstanding		144,195			150,423			145,007			150,660
Earnings (loss) per share - basic	$	(0.02	)	$	1.58		$	(0.09	)	$	1.63
Earnings (loss) per share - diluted	$	(0.02	)	$	1.57		$	(0.09	)	$	1.62
Earnings per unit
Numerator:
Net income (loss) attributable to Aimco Operating Partnership	$	(3,780	)	$	251,796		$	(13,071	)	$	260,440
Net income allocated to Aimco Operating Partnership participating securities		—			(3,423	)		—			(3,551	)
Net income (loss) attributable to Aimco Operating Partnership's common unit holders	$	(3,780	)	$	248,373		$	(13,071	)	$	256,889
Denominator - units
Basic weighted-average common partnership units outstanding		151,966			157,525			152,795			157,621
Diluted partnership unit equivalents outstanding		-			922			-			1,045
Diluted weighted-average common partnership units outstanding		151,966			158,447			152,795			158,666
Earnings (loss) per unit - basic	$	(0.02	)	$	1.58		$	(0.09	)	$	1.63
Earnings (loss) per unit - diluted	$	(0.02	)	$	1.57		$	(0.09	)	$	1.62