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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income (loss) $ (96,000) $ (157,319) $ 92,158
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 86,359 68,834 158,967
Realized and unrealized (gains) losses on interest rate contracts (1,752) (1,119) (48,205)
Realized and unrealized (gains) losses on equity investments 49,504 (700) (20,302)
Income tax expense (benefit) (11,071) (12,752) 17,264
Share-based compensation 6,494 9,221 7,471
Loss on extinguishment of debt, net 947 938 28,986
Lease modification income     (206,963)
Gain on dispositions of real estate (10,600) (7,984) (175,863)
Other, including amortization of debt issuance costs 20,186 2,563 2,787
Changes in operating assets and operating liabilities:      
Operating assets, net (13,355) 335 1,039
Net cash received from lease incentive     195,789
Operating liabilities, net 12,482 (6,489) (27,556)
Total adjustments 142,984 207,786 112,074
Net cash provided by operating activities 46,984 50,467 204,232
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchases of real estate   (4,108) (129,245)
Capital expenditures (160,027) (272,497) (237,523)
Proceeds from dispositions of real estate 186,203 9,254 259,983
Investment in IQHQ     (14,227)
Redemption of IQHQ investment     16,473
Distributions received from unconsolidated real estate partnerships   4,209  
Investment in unconsolidated real estate partnerships (383) (3,786) (15,668)
Proceeds from dispositions of unconsolidated real estate partnerships 5,766    
Purchase of treasury bill   (53,773)  
Proceeds from treasury bill   54,727  
Other investing activities (958) 5,578 (547)
Net cash provided by (used in) investing activities 30,601 (260,396) (120,754)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from non-recourse property debt     756,220
Proceeds from non-recourse construction loans 330,542 174,445 93,206
Proceeds from sale of participation in Mezzanine Investment   37,500  
Payments of deferred loan costs (6,340) (229) (15,266)
Principal repayments on non-recourse property debt (3,166) (85,974) (302,428)
Principal repayments on non-recourse construction loans (267,032)   (138,404)
Principal repayments on Notes Payable to AIR     (534,127)
Purchase of interest rate contracts (710) (712) (5,620)
Proceeds from interest rate contracts 6,526 58,906 16,818
Payments on finance leases (514) (2,694) (26,213)
Payments of prepayment premiums     (25,801)
Common stock repurchased (38,945) (46,843) (23,492)
Dividends paid on common stock     (3,043)
Redemption of redeemable noncontrolling interests (38,473)   (5,094)
Distributions to redeemable noncontrolling interests (8,318) (9,243) (9,365)
Contributions from noncontrolling interests 1,056 272 10,616
Distributions to noncontrolling interests (1,614) (1,291) (1,362)
Contributions from redeemable noncontrolling interests 6,409 125 122,571
Redemption of OP Units held by third parties (983) (1,081) (225)
Redemption of noncontrolling interests     (7,088)
Purchase of noncontrolling interests in consolidated real estate partnerships (19,181)    
Other financing activities (3,153) (3,751) (197)
Net cash provided by (used in) financing activities (43,896) 119,430 (98,294)
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH 33,689 (90,499) (14,816)
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AT BEGINNING OF YEAR 139,267 229,766 244,582
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF YEAR 172,956 139,267 229,766
Aimco OP L.P. [Member]      
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income (loss) (96,000) (157,319) 92,158
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 86,359 68,834 158,967
Realized and unrealized (gains) losses on interest rate contracts (1,752) (1,119) (48,205)
Realized and unrealized (gains) losses on equity investments 49,504 (700) (20,302)
Income tax expense (benefit) (11,071) (12,752) 17,264
Share-based compensation 6,494 9,221 7,471
Loss on extinguishment of debt, net 947 938 28,986
Lease modification income     (206,963)
Gain on dispositions of real estate (10,600) (7,984) (175,863)
Changes in operating assets and operating liabilities:      
Operating assets, net (13,355) 335 1,039
Net cash received from lease incentive     195,789
Operating liabilities, net 12,482 (6,489) (27,556)
Total adjustments 142,984 207,786 112,074
Net cash provided by operating activities 46,984 50,467 204,232
CASH FLOWS FROM INVESTING ACTIVITIES:      
Purchases of real estate   (4,108) (129,245)
Capital expenditures (160,027) (272,497) (237,523)
Proceeds from dispositions of real estate 186,203 9,254 259,983
Investment in IQHQ     (14,227)
Redemption of IQHQ investment     16,473
Distributions received from unconsolidated real estate partnerships   4,209  
Investment in unconsolidated real estate partnerships (383) (3,786) (15,668)
Proceeds from dispositions of unconsolidated real estate partnerships 5,766    
Purchase of treasury bill   (53,773)  
Proceeds from treasury bill   54,727  
Other investing activities (958) 5,578 (547)
Net cash provided by (used in) investing activities 30,601 (260,396) (120,754)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from non-recourse property debt     756,220
Proceeds from non-recourse construction loans 330,542 174,445 93,206
Proceeds from sale of participation in Mezzanine Investment   37,500  
Payments of deferred loan costs (6,340) (229) (15,266)
Principal repayments on non-recourse property debt (3,166) (85,974) (302,428)
Principal repayments on non-recourse construction loans (267,032)   (138,404)
Principal repayments on Notes Payable to AIR     (534,127)
Purchase of interest rate contracts (710) (712) (5,620)
Proceeds from interest rate contracts 6,526 58,906 16,818
Payments on finance leases (514) (2,694) (26,213)
Payments of prepayment premiums     (25,801)
Common stock repurchased (38,945) (46,843) (23,492)
Dividends paid on common stock     (3,043)
Redemption of redeemable noncontrolling interests (38,473)   (5,094)
Distributions to redeemable noncontrolling interests (8,318) (9,243) (9,365)
Contributions from noncontrolling interests 1,056 272 10,616
Distributions to noncontrolling interests (1,614) (1,291) (1,362)
Contributions from redeemable noncontrolling interests 6,409 125 122,571
Redemption of OP Units held by third parties (983) (1,081) (225)
Redemption of noncontrolling interests     (7,088)
Purchase of noncontrolling interests in consolidated real estate partnerships (19,181)    
Other financing activities (3,153) (3,751) (197)
Net cash provided by (used in) financing activities (43,896) 119,430 (98,294)
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH 33,689 (90,499) (14,816)
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AT BEGINNING OF YEAR 139,267 229,766 244,582
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF YEAR 172,956 139,267 229,766
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 1,358 (875) (579)
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 1,358 (875) (579)
Other, including amortization of debt issuance costs 20,186 2,563 2,787
Mezzanine Investment [Member]      
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Loss (income) from unconsolidated real estate partnerships 2,432 155,814 179,239
Mezzanine Investment [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 $ 2,432 $ 155,814 $ 179,239