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Earnings per Share and per Unit (Tables)
3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Reconciliations of Numerator and Denominator in Calculations of Basic and Diluted Earnings per Share and per Unit

Reconciliations of the numerator and denominator in the calculations of basic and diluted earnings per share and per unit for the three months ended March 31, 2024 and 2023, are as follows (in thousands, except per share and per unit data):

 

Three Months Ended
March 31,

 

 

2024

 

 

2023

 

Earnings per share

 

 

 

 

 

Numerator:

 

 

 

 

 

Net income (loss) attributable to Aimco

$

(10,186

)

 

$

(8,817

)

Net income (loss) allocated to Aimco participating securities

 

 

 

 

 

Net income (loss) attributable to Aimco common stockholders

$

(10,186

)

 

$

(8,817

)

 

 

 

 

 

 

Denominator - shares:

 

 

 

 

 

Basic weighted-average common stock outstanding

 

140,594

 

 

 

145,827

 

Diluted share equivalents outstanding

 

 

 

 

 

Diluted weighted-average common stock outstanding

 

140,594

 

 

 

145,827

 

 

 

 

 

 

 

Earnings (loss) per share - basic

$

(0.07

)

 

$

(0.06

)

Earnings (loss) per share - diluted

$

(0.07

)

 

$

(0.06

)

 

 

 

 

 

 

Earnings per unit

 

 

 

 

 

Numerator:

 

 

 

 

 

Net income (loss) attributable to Aimco Operating Partnership

$

(10,740

)

 

$

(9,291

)

Net income (loss) allocated to Aimco Operating Partnership participating securities

 

 

 

 

 

Net income (loss) attributable to Aimco Operating Partnership's common unit holders

$

(10,740

)

 

$

(9,291

)

 

 

 

 

 

 

Denominator - units

 

 

 

 

 

Basic weighted-average OP Units outstanding

 

148,257

 

 

 

153,631

 

Diluted OP Unit equivalents outstanding

 

 

 

 

 

Diluted weighted-average OP Units outstanding

 

148,257

 

 

 

153,631

 

 

 

 

 

 

 

Earnings (loss) per unit - basic

$

(0.07

)

 

$

(0.06

)

Earnings (loss) per unit - diluted

$

(0.07

)

 

$

(0.06

)