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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
REVENUES    
Rental and other property revenues $ 50,203 $ 44,268
OPERATING EXPENSES    
Property operating expenses 21,199 17,504
Depreciation and amortization 19,468 16,271
General and administrative expenses 8,549 8,403
Total operating expenses 49,216 42,178
Interest income 2,648 2,058
Interest expense (13,370) (9,725)
Realized and unrealized gains (losses) on interest rate options 1,672 (1,057)
Realized and unrealized gains (losses) on equity investments (271) 137
Other income (expense), net (1,904) (3,626)
Income (loss) before income tax (9,926) (9,949)
Income tax benefit (expense) 2,730 4,196
Net income (loss) (7,196) (5,753)
Net (income) loss attributable to redeemable noncontrolling interests in consolidated real estate partnerships (3,560) (3,274)
Net (income) loss attributable to noncontrolling interests in consolidated real estate partnerships 16 (264)
Net (income) loss attributable to common noncontrolling interests in Aimco Operating Partnership 554 474
Net income (loss) attributable to Aimco $ (10,186) $ (8,817)
Net income (loss) attributable to Aimco per common share - basic (Note 4) $ (0.07) $ (0.06)
Net income (loss) attributable to Aimco per common share - diluted (Note 4) $ (0.07) $ (0.06)
Basic weighted-average OP Units outstanding 140,594 145,827
Diluted weighted-average common stock outstanding 140,594 145,827
Aimco OP L.P. [Member]    
REVENUES    
Rental and other property revenues $ 50,203 $ 44,268
OPERATING EXPENSES    
Property operating expenses 21,199 17,504
Depreciation and amortization 19,468 16,271
General and administrative expenses 8,549 8,403
Total operating expenses 49,216 42,178
Interest income 2,648 2,058
Interest expense (13,370) (9,725)
Realized and unrealized gains (losses) on interest rate options 1,672 (1,057)
Realized and unrealized gains (losses) on equity investments (271) 137
Other income (expense), net (1,904) (3,626)
Income (loss) before income tax (9,926) (9,949)
Income tax benefit (expense) 2,730 4,196
Net income (loss) (7,196) (5,753)
Net (income) loss attributable to redeemable noncontrolling interests in consolidated real estate partnerships (3,560) (3,274)
Net (income) loss attributable to noncontrolling interests in consolidated real estate partnerships 16 (264)
Net income (loss) attributable to Aimco $ (10,740) $ (9,291)
Net income (loss) attributable to Aimco per common share - basic (Note 4) $ (0.07) $ (0.06)
Net income (loss) attributable to Aimco per common share - diluted (Note 4) $ (0.07) $ (0.06)
Basic weighted-average OP Units outstanding 148,257 153,631
Diluted weighted-average common stock outstanding 148,257 153,631
Unconsolidated Real Estate Partnerships Member    
OPERATING EXPENSES    
Income from unconsolidated real estate partnerships $ 312 $ 174
Unconsolidated Real Estate Partnerships Member | Aimco OP L.P. [Member]    
OPERATING EXPENSES    
Income from unconsolidated real estate partnerships $ 312 $ 174