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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
REVENUES      
Rental and other property revenues $ 186,995 $ 190,344 $ 169,836
OPERATING EXPENSES      
Property operating expenses 73,712 71,792 67,613
Depreciation and amortization 68,834 158,967 84,712
General and administrative expenses 32,865 39,673 33,151
Total operating expenses 175,411 270,432 185,476
Interest income 9,731 4,052 2,277
Interest expense (37,718) (73,842) (52,902)
Realized and unrealized gains (losses) on interest rate options 1,119 48,205 6,509
Realized and unrealized gains (losses) on equity investments 700 20,302 6,585
Gain on dispositions of real estate 7,984 175,863  
Lease modification income   206,963  
Other income (expense), net (8,532) (13,373) 3,212
Income (loss) before income tax (170,071) 109,422 (18,550)
Income tax benefit (expense) 12,752 (17,264) 13,570
Net income (loss) (157,319) 92,158 (4,980)
Net (income) loss attributable to redeemable noncontrolling interests in consolidated real estate partnerships (13,924) (8,829) (91)
Net (income) loss attributable to noncontrolling interests in consolidated real estate partnerships (3,991) (3,672) (1,136)
Net (income) loss attributable to common noncontrolling interests in Aimco Operating Partnership 9,038 (3,931) 297
Net income (loss) attributable to Aimco $ (166,196) $ 75,726 $ (5,910)
Net income (loss) attributable to Aimco Operating Partnership per common unit - basic (Note 10) $ (1.16) $ 0.5 $ (0.04)
Net income (loss) attributable to Aimco Operating Partnership per common unit - diluted (Note 10) $ (1.16) $ 0.49 $ (0.04)
Weighted-average common shares/units outstanding - basic 143,618 149,395 149,480
Weighted-average common shares/units outstanding - diluted 143,618 150,834 149,480
Aimco OP L.P. [Member]      
REVENUES      
Rental and other property revenues $ 186,995 $ 190,344 $ 169,836
OPERATING EXPENSES      
Property operating expenses 73,712 71,792 67,613
Depreciation and amortization 68,834 158,967 84,712
General and administrative expenses 32,865 39,673 33,151
Total operating expenses 175,411 270,432 185,476
Interest income 9,731 4,052 2,277
Interest expense (37,718) (73,842) (52,902)
Realized and unrealized gains (losses) on interest rate options 1,119 48,205 6,509
Realized and unrealized gains (losses) on equity investments 700 20,302 6,585
Gain on dispositions of real estate 7,984 175,863  
Lease modification income   206,963  
Other income (expense), net (8,532) (13,373) 3,212
Income (loss) before income tax (170,071) 109,422 (18,550)
Income tax benefit (expense) 12,752 (17,264) 13,570
Net income (loss) (157,319) 92,158 (4,980)
Net (income) loss attributable to redeemable noncontrolling interests in consolidated real estate partnerships (13,924) (8,829) (91)
Net (income) loss attributable to noncontrolling interests in consolidated real estate partnerships (3,991) (3,672) (1,136)
Net income (loss) attributable to Aimco $ (175,234) $ 79,657 $ (6,207)
Net income (loss) attributable to Aimco Operating Partnership per common unit - basic (Note 10) $ (1.16) $ 0.5 $ (0.04)
Net income (loss) attributable to Aimco Operating Partnership per common unit - diluted (Note 10) $ (1.16) $ 0.49 $ (0.04)
Weighted-average common shares/units outstanding - basic 151,371 157,317 157,701
Weighted-average common shares/units outstanding - diluted 151,371 158,774 157,701
Unconsolidated Real Estate Partnerships [Member]      
OPERATING EXPENSES      
Mezzanine / Unconsolidated partnerships investment income (loss), net $ 875 $ 579 $ 973
Unconsolidated Real Estate Partnerships [Member] | Aimco OP L.P. [Member]      
OPERATING EXPENSES      
Mezzanine / Unconsolidated partnerships investment income (loss), net 875 579 973
Mezzanine Investment [Member]      
OPERATING EXPENSES      
Mezzanine / Unconsolidated partnerships investment income (loss), net (155,814) (179,239) 30,436
Mezzanine Investment [Member] | Aimco OP L.P. [Member]      
OPERATING EXPENSES      
Mezzanine / Unconsolidated partnerships investment income (loss), net $ (155,814) $ (179,239) $ 30,436