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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ (28,688) $ (68,299)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 32,784 41,578
Realized and unrealized (gains) losses on interest rate contracts 333 (2,312)
Realized and unrealized (gains) losses on equity investments 607 47,535
Income tax expense (benefit) 5,486 (4,917)
Share-based compensation expense 2,542 3,270
Other, including amortization of debt issuance costs 4,280 8,415
Changes in operating assets and operating liabilities:    
Operating assets, net (2,734) (8,065)
Operating liabilities, net (191) 13,083
Total adjustments 42,182 98,017
Net cash provided by operating activities 13,494 29,718
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures [1] (45,617) (77,860)
Other investing activities (120) 419
Net cash used in investing activities (45,737) (77,441)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from non-recourse construction loans 22,337 52,340
Proceeds from revolving credit facility 42,800  
Principal repayments on non-recourse property debt (1,629) (1,569)
Principal repayments on non-recourse construction loans (42,081)  
Proceeds from interest rate contracts 1,116 3,783
Purchase of interest rate contracts (576)  
Common stock repurchased (256) (30,987)
Payments related to withholding taxes for share-based compensation (3,545) (567)
Dividends paid on common stock and OP Units (88,213)  
Contributions from redeemable noncontrolling interests 6,911 150
Distributions to redeemable noncontrolling interests (4,067) (4,091)
Contributions from noncontrolling interests 351 679
Distributions to noncontrolling interests (774) (837)
Redemption of OP Units held by third parties (176) (400)
Purchase of redeemable noncontrolling interests in consolidated real estate partnerships (5,096)  
Other financing activities 450 (647)
Net cash provided by (used in) financing activities (72,448) 17,854
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH (104,691) (29,869)
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AT BEGINNING OF YEAR 172,956 139,267
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD 68,265 109,398
Aimco OP L.P. [Member]    
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) (28,688) (68,299)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 32,784 41,578
Realized and unrealized (gains) losses on interest rate contracts 333 (2,312)
Realized and unrealized (gains) losses on equity investments 607 47,535
Income tax expense (benefit) 5,486 (4,917)
Share-based compensation expense 2,542 3,270
Other, including amortization of debt issuance costs 4,280 8,415
Changes in operating assets and operating liabilities:    
Operating assets, net (2,734) (8,065)
Operating liabilities, net (191) 13,083
Total adjustments 42,182 98,017
Net cash provided by operating activities 13,494 29,718
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures [2] (45,617) (77,860)
Other investing activities (120) 419
Net cash used in investing activities (45,737) (77,441)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from non-recourse construction loans 22,337 52,340
Proceeds from revolving credit facility 42,800  
Principal repayments on non-recourse property debt (1,629) (1,569)
Principal repayments on non-recourse construction loans (42,081)  
Proceeds from interest rate contracts 1,116 3,783
Purchase of interest rate contracts (576)  
Common stock repurchased (256) (30,987)
Payments related to withholding taxes for share-based compensation (3,545) (567)
Dividends paid on common stock and OP Units (88,213)  
Contributions from redeemable noncontrolling interests 6,911 150
Distributions to redeemable noncontrolling interests (4,067) (4,091)
Contributions from noncontrolling interests 351 679
Distributions to noncontrolling interests (774) (837)
Redemption of OP Units held by third parties (176) (400)
Purchase of redeemable noncontrolling interests in consolidated real estate partnerships (5,096)  
Other financing activities 450 (647)
Net cash provided by (used in) financing activities (72,448) 17,854
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH (104,691) (29,869)
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AT BEGINNING OF YEAR 172,956 139,267
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD 68,265 109,398
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 (925) (570)
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 $ (925) $ (570)
[1] Accrued capital expenditures were $15.0 million and $34.5 million as of June 30, 2025 and 2024, respectively.
[2] Accrued capital expenditures were $15.0 million and $34.5 million as of June 30, 2025 and 2024, respectively.