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Consolidated Statements of Equity - USD ($)
$ in Thousands
Total
Cumulative Effect, Period of Adoption, Adjustment
Preferred Stock
Perpetual Preferred Stock
Perpetual Preferred Stock
Preferred Stock
Common Stock
Additional Paid-in Capital
Accumulated Other Comprehensive Income (Loss)
Distributions in Excess of Earnings
Distributions in Excess of Earnings
Cumulative Effect, Period of Adoption, Adjustment
Total AIR Equity
Total AIR Equity
Cumulative Effect, Period of Adoption, Adjustment
Total AIR Equity
Preferred Stock
Noncontrolling Interest in Consolidated Real Estate Partnerships
Common Noncontrolling Interests In AIR Operating Partnership
Balances at Dec. 31, 2019 $ 1,860,795         $ 1,202 $ 3,497,654 $ 4,195 $ (1,722,402)   $ 1,780,649     $ (3,296) $ 83,442
Balances (in shares) at Dec. 31, 2019           120,242,385                  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Repurchases of Common Stock (10,004)         $ (2) (10,002)       (10,004)        
Repurchases of Common Stock (in shares)           (188,727)                  
Issuance of Preferred Stock 2,000       $ 2,000           2,000        
Issuance of Preferred Stock, Shares         20                    
Issuance costs (305)           (305)       (305)        
Redemption of AIR Operating Partnership units (2,642)                           (2,642)
Conversion of AIR Operating Partnership units           $ 3 5,136       5,139       (5,139)
Conversion of AIR Operating Partnership units (in shares)           128,361                  
Amortization of share-based compensation cost 9,241           4,900       4,900       4,341
Amortization of share-based compensation cost (in shares)           19,945                  
Effect of changes in ownership of consolidated entities 438,470           494,589       494,589     (61,320) 5,201
Contributions from noncontrolling interests in consolidated real estate partnerships 4,701                         4,701  
Change in other comprehensive loss (1,236)             (1,156)     (1,156)       (80)
Net income (loss) (109,944)               (104,127)   (104,127)     (379) (5,438)
Common Stock dividends (304,992)               (304,992)   (304,992)        
Common Stock issued in special dividend           $ 286 (286)                
Common Stock issued in special dividend (in shares)           28,628,500                  
Distributions to Aimco for the business separation (559,856)           (559,753)       (559,753)     (103)  
Distributions to noncontrolling interests (18,182)                         (1,682) (16,500)
Other, net 324           188       188     136  
Other, net (in shares)           (30,572)                  
Balances at Dec. 31, 2020 1,308,093 $ (277)   $ 2,000   $ 1,489 3,432,121 3,039 (2,131,798) $ (277) 1,306,851 $ (277)   (61,943) 63,185
Balances (in shares) at Dec. 31, 2020       20   148,861,036                  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Issuance of Preferred Stock 342,470   $ 129   $ 129 $ 79 342,391       342,470   $ 129    
Issuance of Preferred Stock, Shares         125 7,825,000                  
Issuance costs (486)           (486)       (486)        
Issuance of AIR Operating Partnership Units 121,557                           121,557
Redemption of AIR Operating Partnership units (17,827)                           (17,827)
Conversion of AIR Operating Partnership units           $ 1 8,332       8,333       (8,333)
Conversion of AIR Operating Partnership units (in shares)           170,820                  
Amortization of share-based compensation cost 7,655           3,771       3,771       3,884
Amortization of share-based compensation cost (in shares)           33,000                  
Effect of changes in ownership of consolidated entities             (21,312)       (21,312)       21,312
Contributions from noncontrolling interests in consolidated real estate partnerships 7,458                         7,458  
Change in other comprehensive loss (3,251)             (3,039)     (3,039)       (212)
Net income (loss) 472,811               447,621   447,621     (3,243) 28,433
Common Stock dividends (269,385)               (269,385)   (269,385)        
Preferred Stock dividends (179)               (179)   (179)        
Distributions to noncontrolling interests (28,129)                         (12,913) (15,216)
Other, net (1,761)         $ 1 (1,712)   (38)   (1,749)     (242) 230
Other, net (in shares)           (108,511)                  
Balances at Dec. 31, 2021 1,939,155       $ 2,129 $ 1,570 3,763,105 0 (1,953,779)   1,813,025     (70,883) 197,013
Balances (in shares) at Dec. 31, 2021         145 156,998,367                  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Repurchases of Common Stock (316,710)         $ (80) (316,630)       (316,710)        
Repurchases of Common Stock (in shares)           (8,020,139)                  
Redemption of AIR Operating Partnership units (11,174)                           (11,174)
Conversion of AIR Operating Partnership units             119       119       (119)
Conversion of AIR Operating Partnership units (in shares)           3,116                  
Amortization of share-based compensation cost 7,966           4,270       4,270       3,696
Effect of changes in ownership of consolidated entities             (7,791)       (7,791)       7,791
Contributions from noncontrolling interests in consolidated real estate partnerships 9,206                         9,206  
Purchase of noncontrolling interests in consolidated real estate partnerships (5,409)           (5,529)       (5,529)     120  
Change in other comprehensive loss 47,322             43,562     43,562       3,760
Net income (loss) 963,662               904,432   904,432     458 58,772
Common Stock dividends (277,639)               (277,639)   (277,639)    
Preferred Stock dividends (35,444)                         (17,623) (17,821)
Other, net (1,629)       $ (129) $ 1 (909)   (285)   (1,322)     (63) (244)
Other, net (in shares)         (125) 105,204                  
Balances at Dec. 31, 2022 $ 2,319,306       $ 2,000 $ 1,491 $ 3,436,635 $ 43,562 $ (1,327,271)   $ 2,156,417     $ (78,785) $ 241,674
Balances (in shares) at Dec. 31, 2022         20 149,086,548