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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
REVENUES    
Rental and other property revenues $ 39,804 $ 38,309
OPERATING EXPENSES    
Property operating expenses 16,942 15,349
Depreciation and amortization 20,717 19,347
General and administrative expenses 6,311 1,762
Total operating expenses 43,970 36,458
Interest expense (12,677) (5,651)
Mezzanine investment income, net 7,467 6,747
Unrealized gains on interest rate options 25,347  
Other expenses, net 363 (415)
Income before income tax benefit 16,334 2,532
Income tax benefit 5,100 2,023
Net income 21,434 4,555
Noncontrolling interests:    
Net loss attributable to redeemable noncontrolling interest in consolidated real estate partnership 152 103
Net (income) loss attributable to noncontrolling interests in consolidated real estate partnerships (291) 5
Net income attributable to common noncontrolling interests in Aimco Operating Partnership (1,081) (236)
Net income attributable to Aimco common stockholders $ 20,214 $ 4,427
Net income attributable to Aimco per common share – basic $ 0.14 $ 0.03
Net income attributable to Aimco per common share – diluted $ 0.14 $ 0.03
Weighted average common shares/units outstanding - basic 148,914 148,549
Weighted average common shares/units outstanding - diluted 149,046 148,569
Aimco OP L.P. [Member]    
REVENUES    
Rental and other property revenues $ 39,804 $ 38,309
OPERATING EXPENSES    
Property operating expenses 16,942 15,349
Depreciation and amortization 20,717 19,347
General and administrative expenses 6,311 1,762
Total operating expenses 43,970 36,458
Interest expense (12,677) (5,651)
Mezzanine investment income, net 7,467 6,747
Unrealized gains on interest rate options 25,347  
Other expenses, net 363 (415)
Income before income tax benefit 16,334 2,532
Income tax benefit 5,100 2,023
Net income 21,434 4,555
Noncontrolling interests:    
Net loss attributable to redeemable noncontrolling interest in consolidated real estate partnership 152 103
Net (income) loss attributable to noncontrolling interests in consolidated real estate partnerships (291) 5
Net income attributable to Aimco common stockholders $ 21,295 $ 4,663
Net income attributable to Aimco per common share – basic $ 0.14 $ 0.03
Net income attributable to Aimco per common share – diluted $ 0.14 $ 0.03
Weighted average common shares/units outstanding - basic 156,882 156,480
Weighted average common shares/units outstanding - diluted 157,014 156,500