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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands | Jun. 30, 2024 | Dec. 31, 2023
--- | --- | ---
ASSETS |  |
Buildings and improvements | $ 1,657,258 | $ 1,593,802
Land | 620,246 | 620,821
Total real estate | 2,277,504 | 2,214,623
Accumulated depreciation | (602,375) | (580,802)
Net real estate | 1,675,129 | 1,633,821
Cash and cash equivalents | 88,539 | 122,601
Restricted cash | 20,859 | 16,666
Notes receivable | $ 57,660 | $ 57,554
Financing Receivable, after Allowance for Credit Loss, Related Party [Extensible Enumeration] | Related Party [Member] | Related Party [Member]
Right-of-use lease assets- finance leases | $ 108,353 | $ 108,992
Other assets, net | 106,574 | 149,841
Total assets | 2,057,114 | 2,089,475
LIABILITIES AND EQUITY |  |
Non-recourse property debt, net | 845,237 | 846,298
Non-recourse construction loans, net | 366,078 | 301,443
Total indebtedness | 1,211,315 | 1,147,741
Deferred tax liabilities | 106,537 | 110,284
Lease liabilities - finance leases | 120,353 | 118,697
Accrued liabilities and other | 126,155 | 121,143
Total liabilities | 1,564,360 | 1,497,865
Redeemable noncontrolling interests in consolidated real estate partnerships | 174,849 | 171,632
Commitments and contingencies (Note 3) |  |
Equity (510,587,500 shares authorized at both June 30, 2024 and December 31, 2023): |  |
Common Stock, $0.01 par value, 137,167,349 and 140,576,102 shares issued and outstanding at June 30, 2024 and December 31, 2023, respectively | 1,372 | 1,406
Additional paid-in capital | 439,168 | 464,538
Retained earnings (deficit) | (187,004) | (116,292)
Total Aimco equity | 253,536 | 349,652
Noncontrolling interests in consolidated real estate partnerships | 50,280 | 51,265
Common noncontrolling interests in Aimco Operating Partnership | 14,089 | 19,061
Total equity | 317,905 | 419,978
Partners' capital: |  |
Total liabilities and equity | 2,057,114 | 2,089,475
Aimco OP L.P. [Member] |  |
ASSETS |  |
Buildings and improvements | 1,657,258 | 1,593,802
Land | 620,246 | 620,821
Total real estate | 2,277,504 | 2,214,623
Accumulated depreciation | (602,375) | (580,802)
Net real estate | 1,675,129 | 1,633,821
Cash and cash equivalents | 88,539 | 122,601
Restricted cash | 20,859 | 16,666
Notes receivable | $ 57,660 | $ 57,554
Financing Receivable, after Allowance for Credit Loss, Related Party [Extensible Enumeration] | Related Party [Member] | Related Party [Member]
Right-of-use lease assets- finance leases | $ 108,353 | $ 108,992
Other assets, net | 106,574 | 149,841
Total assets | 2,057,114 | 2,089,475
LIABILITIES AND EQUITY |  |
Non-recourse property debt, net | 845,237 | 846,298
Non-recourse construction loans, net | 366,078 | 301,443
Total indebtedness | 1,211,315 | 1,147,741
Deferred tax liabilities | 106,537 | 110,284
Lease liabilities - finance leases | 120,353 | 118,697
Accrued liabilities and other | 126,155 | 121,143
Total liabilities | 1,564,360 | 1,497,865
Redeemable noncontrolling interests in consolidated real estate partnerships | 174,849 | 171,632
Commitments and contingencies (Note 3) |  |
Partners' capital: |  |
General Partner and Special Limited Partner | 253,536 | 349,652
Limited Partners | 14,089 | 19,061
Partners’ capital attributable to Aimco Operating Partnership | 267,625 | 368,713
Noncontrolling interests in consolidated real estate partnerships | 50,280 | 51,265
Total partners’ capital | 317,905 | 419,978
Total liabilities and equity | $ 2,057,114 | $ 2,089,475

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