XML 83 R30.htm IDEA: XBRL DOCUMENT v3.24.0.1
Earnings per Share and per Unit (Tables)
12 Months Ended
Dec. 31, 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 years ended December 31, 2023, 2022 and 2021, are as follows (in thousands, except per share and per unit data):

 

Year ended December 31,

 

 

2023

 

 

2022

 

 

2021

 

Earnings per share

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

Net income (loss) attributable to Aimco

$

(166,196

)

 

$

75,726

 

 

$

(5,910

)

Net income (loss) allocated to Aimco participating securities

 

 

 

 

(1,087

)

 

 

 

Net income (loss) attributable to Aimco common stockholders

$

(166,196

)

 

$

74,639

 

 

$

(5,910

)

 

 

 

 

 

 

 

 

 

Denominator - shares:

 

 

 

 

 

 

 

 

Basic weighted-average common stock outstanding

 

143,618

 

 

 

149,395

 

 

 

149,480

 

Diluted share equivalents outstanding

 

 

 

 

1,439

 

 

 

 

Diluted weighted-average common stock outstanding

 

143,618

 

 

 

150,834

 

 

 

149,480

 

 

 

 

 

 

 

 

 

 

Earnings (loss) per share - basic

$

(1.16

)

 

$

0.50

 

 

$

(0.04

)

Earnings (loss) per share - diluted

$

(1.16

)

 

$

0.49

 

 

$

(0.04

)

 

 

 

 

 

 

 

 

 

Earnings per unit

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

Net income (loss) attributable to Aimco Operating Partnership

$

(175,234

)

 

$

79,657

 

 

$

(6,207

)

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

 

 

 

 

(1,131

)

 

 

 

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

$

(175,234

)

 

$

78,526

 

 

$

(6,207

)

 

 

 

 

 

 

 

 

 

Denominator - units

 

 

 

 

 

 

 

 

Basic weighted-average OP Units outstanding

 

151,371

 

 

 

157,317

 

 

 

157,701

 

Diluted OP Unit equivalents outstanding

 

 

 

 

1,457

 

 

 

-

 

Diluted weighted-average OP Units outstanding

 

151,371

 

 

 

158,774

 

 

 

157,701

 

 

 

 

 

 

 

 

 

 

Earnings (loss) per unit - basic

$

(1.16

)

 

$

0.50

 

 

$

(0.04

)

Earnings (loss) per unit - diluted

$

(1.16

)

 

$

0.49

 

 

$

(0.04

)