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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Thousands
Sep. 30, 2011
Dec. 31, 2010
ASSETS  
Buildings and improvements$ 6,959,172$ 6,979,467
Land2,097,1372,084,987
Total real estate9,056,3099,064,454
Less accumulated depreciation(2,876,389)(2,766,392)
Net real estate ($805,411 and $846,081 related to VIEs)6,179,9206,298,062
Cash and cash equivalents ($42,644 and $34,808 related to VIEs)75,831111,325
Restricted cash ($51,694 and $55,076 related to VIEs)209,481200,025
Accounts receivable, net40,84849,855
Deferred financing costs, net46,67046,454
Notes receivable, net114,630116,726
Notes receivable from Aimco18,49017,230
Investment in unconsolidated real estate partnerships ($39,043 and $54,374 related to VIEs)62,81158,151
Other assets250,222199,812
Deferred income tax assets, net61,58958,736
Assets held for sale0238,720
Total assets7,060,4927,395,096
LIABILITIES AND PARTNERS' CAPITAL  
Non-recourse property debt ($641,847 and $637,967 related to VIEs)5,233,5255,291,612
Revolving credit facility borrowings26,2000
Total indebtedness5,259,7255,291,612
Accounts payable24,99927,322
Accrued liabilities and other ($81,901 and $94,656 related to VIEs)278,606297,121
Deferred income150,357150,453
Security deposits34,51633,829
Liabilities related to assets held for sale0168,029
Total liabilities5,748,2035,968,366
Redeemable preferred units93,385103,428
Commitments and contingencies (Note 8)  
Partners' Capital:  
Preferred units656,015657,601
General Partner and Special Limited Partner202,502264,182
Limited Partners131,612158,401
High Performance Units(47,976)(44,892)
Investment in Aimco Class A Common Stock(4,195)(4,397)
Partners' capital attributable to the Partnership937,9581,030,895
Noncontrolling interests in consolidated real estate partnerships280,946292,407
Total partners' capital1,218,9041,323,302
Total liabilities and partners' capital$ 7,060,492$ 7,395,096