XML 14 R4.htm IDEA: XBRL DOCUMENT v3.25.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
REVENUES        
Rental and other property revenues $ 52,758 $ 51,148 $ 105,110 $ 101,350
OPERATING EXPENSES        
Property operating expenses 23,192 22,557 46,257 43,756
Depreciation and amortization 16,363 22,110 32,784 41,578
General and administrative expenses 7,798 7,577 15,978 16,126
Total operating expenses 47,353 52,244 95,019 101,460
Interest income 1,546 2,535 3,638 5,183
Interest expense (18,002) (16,820) (35,440) (30,190)
Realized and unrealized gains (losses) on interest rate contracts (72) 640 (333) 2,312
Realized and unrealized gains (losses) on equity investments (210) (47,264) (607) (47,535)
Other income (expense), net (72) (1,286) (551) (2,876)
Income (loss) before income tax (11,405) (63,291) (23,202) (73,216)
Income tax benefit (expense) (5,571) 2,188 (5,486) 4,917
Net income (loss) (16,976) (61,103) (28,688) (68,299)
Net (income) loss attributable to redeemable noncontrolling interests in consolidated real estate partnerships (3,156) (3,598) (5,829) (7,158)
Net (income) loss attributable to noncontrolling interests in consolidated real estate partnerships (232) 811 (528) 827
Net (income) loss attributable to common noncontrolling interests in Aimco Operating Partnership 1,059 3,364 1,824 3,918
Net income (loss) attributable to Aimco $ (19,305) $ (60,526) $ (33,221) $ (70,712)
Net income (loss) attributable to Aimco per common share - basic (Note 4) $ (0.14) $ (0.43) $ (0.24) $ (0.5)
Net income (loss) attributable to Aimco per common share - diluted (Note 4) $ (0.14) $ (0.43) $ (0.24) $ (0.5)
Weighted-average common shares outstanding - basic 137,341 139,816 137,123 140,205
Weighted-average common shares outstanding - diluted 137,341 139,816 137,123 140,205
Aimco OP L.P. [Member]        
REVENUES        
Rental and other property revenues $ 52,758 $ 51,148 $ 105,110 $ 101,350
OPERATING EXPENSES        
Property operating expenses 23,192 22,557 46,257 43,756
Depreciation and amortization 16,363 22,110 32,784 41,578
General and administrative expenses 7,798 7,577 15,978 16,126
Total operating expenses 47,353 52,244 95,019 101,460
Interest income 1,546 2,535 3,638 5,183
Interest expense (18,002) (16,820) (35,440) (30,190)
Realized and unrealized gains (losses) on interest rate contracts (72) 640 (333) 2,312
Realized and unrealized gains (losses) on equity investments (210) (47,264) (607) (47,535)
Other income (expense), net (72) (1,286) (551) (2,876)
Income (loss) before income tax (11,405) (63,291) (23,202) (73,216)
Income tax benefit (expense) (5,571) 2,188 (5,486) 4,917
Net income (loss) (16,976) (61,103) (28,688) (68,299)
Net (income) loss attributable to redeemable noncontrolling interests in consolidated real estate partnerships (3,156) (3,598) (5,829) (7,158)
Net (income) loss attributable to noncontrolling interests in consolidated real estate partnerships (232) 811 (528) 827
Net income (loss) attributable to Aimco $ (20,364) $ (63,890) $ (35,045) $ (74,630)
Net income (loss) attributable to Aimco per common share - basic (Note 4) $ (0.14) $ (0.43) $ (0.24) $ (0.5)
Net income (loss) attributable to Aimco per common share - diluted (Note 4) $ (0.14) $ (0.43) $ (0.24) $ (0.5)
Weighted-average common shares outstanding - basic 144,883 147,451 144,671 147,854
Weighted-average common shares outstanding - diluted 144,883 147,451 144,671 147,854