Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2021	Mar. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income		$ 21,434	$ 4,555
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization		20,717	19,347
Income from unconsolidated real estate partnerships		(7,467)	(6,747)
Unrealized (gains) on interest rate options		(25,347)
Income tax benefit		(5,100)	(2,023)
Mezzanine investment income, net		(7,467)	(6,214)
Share based compensation		704
Amortization of debt issuance costs and other		238	159
Changes in operating assets and operating liabilities:
Other assets, net		(19,231)	(1,842)
Accounts payable, accrued liabilities and other		16,631	1,755
Net cash provided by operating activities		2,324	15,555
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of real estate		(6,230)
Capital expenditures	[1]	(31,658)	(6,653)
Other investing activities		(49)
Net cash used in investing activities		(37,937)	(6,653)
CASH FLOWS FROM FINANCING ACTIVITIES:
Principal repayments on non-recourse property debt		(18,174)	(2,449)
Payments on financing leases		(3,699)
Purchase of interest rate option		(5,590)
Change in Aimco Predecessor investment, net			(6,407)
Other financing activities		(354)	(14)
Net cash used in financing activities		(27,817)	(8,870)
NET (DECREASE) INCREASE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH		(63,430)	32
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AT BEGINNING OF PERIOD		298,735	10,120
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AT END OF PERIOD		235,305	10,152
Aimco OP L.P. [Member]
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income		21,434	4,555
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization		20,717	19,347
Income from unconsolidated real estate partnerships		(7,467)	(6,747)
Unrealized (gains) on interest rate options		(25,347)
Income tax benefit		(5,100)	(2,023)
Mezzanine investment income, net		(7,467)	(6,214)
Share based compensation		704
Amortization of debt issuance costs and other		238	159
Changes in operating assets and operating liabilities:
Accounts payable, accrued liabilities and other		16,631	1,755
Other assets, net		(19,231)	(1,842)
Net cash provided by operating activities		2,324	15,555
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of real estate		(6,230)
Capital expenditures	[2]	(31,658)	(6,653)
Other investing activities		(49)
Net cash used in investing activities		(37,937)	(6,653)
CASH FLOWS FROM FINANCING ACTIVITIES:
Principal repayments on non-recourse property debt		(18,174)	(2,449)
Payments on financing leases		(3,699)
Purchase of interest rate option		(5,590)
Change in Aimco Predecessor investment, net			(6,407)
Other financing activities		(354)	(14)
Net cash used in financing activities		(27,817)	(8,870)
NET (DECREASE) INCREASE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH		(63,430)	32
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AT BEGINNING OF PERIOD		298,735	10,120
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AT END OF PERIOD		235,305	10,152
Unconsolidated Real Estate Partnerships [Member]
Adjustments to reconcile net income to net cash provided by operating activities:
Income from unconsolidated real estate partnerships		(255)	(182)
Unconsolidated Real Estate Partnerships [Member] | Aimco OP L.P. [Member]
Adjustments to reconcile net income to net cash provided by operating activities:
Income from unconsolidated real estate partnerships		$ (255)	$ (182)

[1] Capital expenditures is net of accrued capital costs of $14.5 million and $0.9 million for the three months ended March 31, 2021 and 2020, respectively.

[2] Capital expenditures in net of accrued capital costs of $14.5 million and $0.9 million for the three months ended March 31, 2021 and 2020, respectively.