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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ (11,712) $ (7,196)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 16,421 19,468
Realized and unrealized (gains) losses on interest rate contracts 261 (1,672)
Realized and unrealized (gains) losses on equity investments 397 271
Income tax expense (benefit) (85) (2,730)
Share-based compensation expense 1,136 1,666
Other, including amortization of debt issuance costs 2,901 3,339
Changes in operating assets and operating liabilities:    
Operating assets, net (3,163) (3,568)
Operating liabilities, net (1,784) 12,446
Total adjustments 15,540 28,908
Net cash provided by operating activities 3,828 21,712
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures [1] (19,191) (40,936)
Other investing activities (557) (153)
Net cash used in investing activities (19,748) (41,089)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from non-recourse construction loans 9,589 28,982
Principal repayments on non-recourse property debt (817) (784)
Proceeds from interest rate contracts 823 1,847
Purchase of interest rate contracts (313)  
Common stock repurchased (256) (6,555)
Payments related to withholding taxes for share-based compensation (2,139) (567)
Dividends paid on common stock and OP Units (88,213)  
Contributions from redeemable noncontrolling interests 2,877  
Distributions to redeemable noncontrolling interests (2,010) (2,034)
Contributions from noncontrolling interests 174 485
Distributions to noncontrolling interests (430) (401)
Redemption of OP Units held by third parties (106) (285)
Other financing activities 1,022 (175)
Net cash provided by (used in) financing activities (79,799) 20,513
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH (95,719) 1,136
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AT BEGINNING OF YEAR 172,956 139,267
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD 77,237 140,403
Aimco OP L.P. [Member]    
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) (11,712) (7,196)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 16,421 19,468
Realized and unrealized (gains) losses on interest rate contracts 261 (1,672)
Realized and unrealized (gains) losses on equity investments 397 271
Income tax expense (benefit) (85) (2,730)
Share-based compensation expense 1,136 1,666
Other, including amortization of debt issuance costs 2,901 3,339
Changes in operating assets and operating liabilities:    
Operating assets, net (3,163) (3,568)
Operating liabilities, net (1,784) 12,446
Total adjustments 15,540 28,908
Net cash provided by operating activities 3,828 21,712
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures [2] (19,191) (40,936)
Other investing activities (557) (153)
Net cash used in investing activities (19,748) (41,089)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from non-recourse construction loans 9,589 28,982
Principal repayments on non-recourse property debt (817) (784)
Proceeds from interest rate contracts 823 1,847
Purchase of interest rate contracts (313)  
Common stock repurchased (256) (6,555)
Payments related to withholding taxes for share-based compensation (2,139) (567)
Dividends paid on common stock and OP Units (88,213)  
Contributions from redeemable noncontrolling interests 2,877  
Distributions to redeemable noncontrolling interests (2,010) (2,034)
Contributions from noncontrolling interests 174 485
Distributions to noncontrolling interests (430) (401)
Redemption of OP Units held by third parties (106) (285)
Other financing activities 1,022 (175)
Net cash provided by (used in) financing activities (79,799) 20,513
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH (95,719) 1,136
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AT BEGINNING OF YEAR 172,956 139,267
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD 77,237 140,403
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 (544) (312)
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 $ (544) $ (312)
[1] Accrued capital expenditures were $14.8 million and $39.8 million as of March 31, 2025 and 2024, respectively.
[2] Accrued capital expenditures were $14.8 million and $39.8 million as of March 31, 2025 and 2024, respectively.