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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
REVENUES        
Rental and other property revenues $ 51,148 $ 45,674 $ 101,350 $ 89,942
OPERATING EXPENSES        
Property operating expenses 22,557 18,783 43,756 36,287
Depreciation and amortization 22,110 17,031 41,578 33,302
General and administrative expenses 7,577 7,890 16,126 16,293
Total operating expenses 52,244 43,704 101,460 85,882
Interest income 2,535 2,478 5,183 4,536
Interest expense (16,820) (9,656) (30,190) (19,381)
Realized and unrealized (gains) losses on interest rate contracts 640 3,383 2,312 2,326
Realized and unrealized gains (losses) on equity investments (47,264) 1,094 (47,535) 1,231
Gain on dispositions of real estate   1,878   1,878
Other income (expense), net (1,286) (1,420) (2,876) (4,872)
Income (loss) before income tax (63,291) (273) (73,216) (10,222)
Income tax benefit (expense) 2,188 417 4,917 4,613
Net income (loss) (61,103) 144 (68,299) (5,609)
Net (income) loss attributable to redeemable noncontrolling interests in consolidated real estate partnerships (3,598) (3,576) (7,158) (6,849)
Net (income) loss attributable to noncontrolling interests in consolidated real estate partnerships 811 (348) 827 (613)
Net (income) loss attributable to common noncontrolling interests in Aimco Operating Partnership 3,364 178 3,918 652
Net income (loss) attributable to Aimco $ (60,526) $ (3,602) $ (70,712) $ (12,419)
Net income (loss) attributable to Aimco per common share - basic (Note 4) $ (0.43) $ (0.02) $ (0.5) $ (0.09)
Net income (loss) attributable to Aimco per common share - diluted (Note 4) $ (0.43) $ (0.02) $ (0.5) $ (0.09)
Basic weighted-average OP Units outstanding 139,816 144,195 140,205 145,007
Diluted weighted-average common stock outstanding 139,816 144,195 140,205 145,007
Aimco OP L.P. [Member]        
REVENUES        
Rental and other property revenues $ 51,148 $ 45,674 $ 101,350 $ 89,942
OPERATING EXPENSES        
Property operating expenses 22,557 18,783 43,756 36,287
Depreciation and amortization 22,110 17,031 41,578 33,302
General and administrative expenses 7,577 7,890 16,126 16,293
Total operating expenses 52,244 43,704 101,460 85,882
Interest income 2,535 2,478 5,183 4,536
Interest expense (16,820) (9,656) (30,190) (19,381)
Realized and unrealized (gains) losses on interest rate contracts 640 3,383 2,312 2,326
Realized and unrealized gains (losses) on equity investments (47,264) 1,094 (47,535) 1,231
Gain on dispositions of real estate   1,878   1,878
Other income (expense), net (1,286) (1,420) (2,876) (4,872)
Income (loss) before income tax (63,291) (273) (73,216) (10,222)
Income tax benefit (expense) 2,188 417 4,917 4,613
Net income (loss) (61,103) 144 (68,299) (5,609)
Net (income) loss attributable to redeemable noncontrolling interests in consolidated real estate partnerships (3,598) (3,576) (7,158) (6,849)
Net (income) loss attributable to noncontrolling interests in consolidated real estate partnerships 811 (348) 827 (613)
Net income (loss) attributable to Aimco $ (63,890) $ (3,780) $ (74,630) $ (13,071)
Net income (loss) attributable to Aimco per common share - basic (Note 4) $ (0.43) $ (0.02) $ (0.5) $ (0.09)
Net income (loss) attributable to Aimco per common share - diluted (Note 4) $ (0.43) $ (0.02) $ (0.5) $ (0.09)
Basic weighted-average OP Units outstanding 147,451 151,966 147,854 152,795
Diluted weighted-average common stock outstanding 147,451 151,966 147,854 152,795