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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
REVENUES        
Rental and other property revenues $ 53,158 $ 47,701 $ 154,508 $ 137,643
OPERATING EXPENSES        
Property operating expenses 23,337 18,328 67,093 54,648
Depreciation and amortization 23,545 17,804 65,123 51,106
General and administrative expenses 7,750 8,198 23,876 24,487
Total operating expenses 54,632 44,330 156,092 130,241
Interest income 2,299 2,486 7,482 7,022
Interest expense (19,031) (8,252) (49,221) (27,633)
Realized and unrealized (gains) losses on interest rate contracts (1,148) 955 1,164 3,280
Realized and unrealized gains (losses) on equity investments (566) (1,066) (48,101) 165
Gain on dispositions of real estate       1,878
Other income (expense), net (3,959) (2,030) (6,835) (6,889)
Income (loss) before income tax (23,879) (4,536) (97,095) (14,775)
Income tax benefit (expense) 3,814 6,210 8,731 10,823
Net income (loss) (20,065) 1,674 (88,364) (3,952)
Net (income) loss attributable to redeemable noncontrolling interests in consolidated real estate partnerships (3,659) (3,610) (10,817) (10,460)
Net (income) loss attributable to noncontrolling interests in consolidated real estate partnerships 572 (447) 1,399 (1,060)
Net (income) loss attributable to common noncontrolling interests in Aimco Operating Partnership 1,216 123 5,134 775
Net income (loss) attributable to Aimco $ (21,936) $ (2,260) $ (92,648) $ (14,697)
Net income (loss) attributable to Aimco per common share - basic (Note 4) $ (0.16) $ (0.02) $ (0.67) $ (0.1)
Net income (loss) attributable to Aimco per common share - diluted (Note 4) $ (0.16) $ (0.02) $ (0.67) $ (0.1)
Basic weighted-average OP Units outstanding 136,749 143,299 139,044 144,431
Diluted weighted-average common stock outstanding 136,749 143,299 139,044 144,431
Aimco OP L.P. [Member]        
REVENUES        
Rental and other property revenues $ 53,158 $ 47,701 $ 154,508 $ 137,643
OPERATING EXPENSES        
Property operating expenses 23,337 18,328 67,093 54,648
Depreciation and amortization 23,545 17,804 65,123 51,106
General and administrative expenses 7,750 8,198 23,876 24,487
Total operating expenses 54,632 44,330 156,092 130,241
Interest income 2,299 2,486 7,482 7,022
Interest expense (19,031) (8,252) (49,221) (27,633)
Realized and unrealized (gains) losses on interest rate contracts (1,148) 955 1,164 3,280
Realized and unrealized gains (losses) on equity investments (566) (1,066) (48,101) 165
Gain on dispositions of real estate   0   1,878
Other income (expense), net (3,959) (2,030) (6,835) (6,889)
Income (loss) before income tax (23,879) (4,536) (97,095) (14,775)
Income tax benefit (expense) 3,814 6,210 8,731 10,823
Net income (loss) (20,065) 1,674 (88,364) (3,952)
Net (income) loss attributable to redeemable noncontrolling interests in consolidated real estate partnerships (3,659) (3,610) (10,817) (10,460)
Net (income) loss attributable to noncontrolling interests in consolidated real estate partnerships 572 (447) 1,399 (1,060)
Net income (loss) attributable to Aimco $ (23,152) $ (2,383) $ (97,782) $ (15,472)
Net income (loss) attributable to Aimco per common share - basic (Note 4) $ (0.16) $ (0.02) $ (0.67) $ (0.1)
Net income (loss) attributable to Aimco per common share - diluted (Note 4) $ (0.16) $ (0.02) $ (0.67) $ (0.1)
Basic weighted-average OP Units outstanding 144,366 151,027 146,683 152,199
Diluted weighted-average common stock outstanding 144,366 151,027 146,683 152,199