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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ (88,364) $ (3,952)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 65,123 51,106
Realized and unrealized (gains) losses on interest rate contracts (1,164) (3,280)
Realized and unrealized (gains) losses on equity investments 48,101 (165)
Income tax expense (benefit) (8,731) (10,823)
Share-based compensation 4,857 7,632
Loss on extinguishment of debt, net   929
Gain on dispositions of real estate   (1,878)
Amortization of debt issuance costs and other 16,175 2,811
Changes in operating assets and operating liabilities:    
Operating assets, net (7,107) 2,057
Operating liabilities, net 15,559 (1,272)
Total adjustments 134,520 46,503
Net cash provided by operating activities 46,156 42,551
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of real estate   (4,108)
Capital expenditures [1] (113,869) (212,195)
Distributions received from unconsolidated real estate partnerships   4,209
Investment in unconsolidated real estate partnerships (383) (3,381)
Purchase of treasury bill   (53,773)
Other investing activities (107) 5,124
Net cash used in investing activities (114,359) (264,124)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from non-recourse construction loans 84,981 127,423
Principal repayments on non-recourse property debt (2,361) (62,309)
Proceeds from sale of participation in Mezzanine Investment   37,500
Payments of deferred loan costs (4,324) (229)
Proceeds from interest rate contracts 5,312 57,182
Common stock repurchased (34,144) (36,769)
Distributions to redeemable noncontrolling interests (6,289) (7,210)
Contributions from noncontrolling interests 873 234
Distributions to noncontrolling interests (1,163) (885)
Contributions from redeemable noncontrolling interests 1,390 125
Redemption of OP Units held by third parties (685) (709)
Other financing activities (4,246) (6,661)
Net cash provided by financing activities 39,344 107,692
NET DECREASE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH (28,859) (113,881)
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AT BEGINNING OF PERIOD 139,267 229,766
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD 110,408 115,885
Aimco OP L.P. [Member]    
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) (88,364) (3,952)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 65,123 51,106
Realized and unrealized (gains) losses on interest rate contracts (1,164) (3,280)
Realized and unrealized (gains) losses on equity investments 48,101 (165)
Income tax expense (benefit) (8,731) (10,823)
Share-based compensation 4,857 7,632
Loss on extinguishment of debt, net   929
Gain on dispositions of real estate   (1,878)
Amortization of debt issuance costs and other 16,175 2,811
Changes in operating assets and operating liabilities:    
Operating assets, net (7,107) 2,057
Operating liabilities, net 15,559 (1,272)
Total adjustments 134,520 46,503
Net cash provided by operating activities 46,156 42,551
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of real estate   (4,108)
Capital expenditures [2] (113,869) (212,195)
Distributions received from unconsolidated real estate partnerships   4,209
Investment in unconsolidated real estate partnerships (383) (3,381)
Purchase of treasury bill   (53,773)
Other investing activities (107) 5,124
Net cash used in investing activities (114,359) (264,124)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from non-recourse construction loans 84,981 127,423
Principal repayments on non-recourse property debt (2,361) (62,309)
Proceeds from sale of participation in Mezzanine Investment   37,500
Payments of deferred loan costs (4,324) (229)
Proceeds from interest rate contracts 5,312 57,182
Common stock repurchased (34,144) (36,769)
Distributions to redeemable noncontrolling interests (6,289) (7,210)
Contributions from noncontrolling interests 873 234
Distributions to noncontrolling interests (1,163) (885)
Contributions from redeemable noncontrolling interests 1,390 125
Redemption of OP Units held by third parties (685) (709)
Other financing activities (4,246) (6,661)
Net cash provided by financing activities 39,344 107,692
NET DECREASE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH (28,859) (113,881)
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AT BEGINNING OF PERIOD 139,267 229,766
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD 110,408 115,885
Unconsolidated Real Estate Partnerships [Member]    
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Loss (income) from unconsolidated real estate partnerships 1,707 (614)
Unconsolidated Real Estate Partnerships [Member] | Aimco OP L.P. [Member]    
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Loss (income) from unconsolidated real estate partnerships $ 1,707 $ (614)
[1] Accrued capital expenditures were $31.6 million and $54.3 million as of September 30, 2024 and 2023, respectively.
[2] Accrued capital expenditures were $31.6 million and $54.3 million as of September 30, 2024 and 2023, respectively.