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Earnings Per Share and Per Unit (Tables) | 9 Months Ended
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Sep. 30, 2025
Earnings Per Share [Abstract] |
Reconciliations of Numerator and Denominator in Calculations of Basic and Diluted Earnings per Share and per Unit | Reconciliations of the numerator and denominator in the calculations of basic and diluted earnings per share and per unit for the three and nine months ended September 30, 2025 and 2024, are as follows (in thousands, except per share and per unit data):
| Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
| 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Earnings per share |  |  |  |  |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |  |  |  |  |
Income (loss) from continuing operations | $ | (79,314 | ) |  | $ | (27,347 | ) |  | $ | (123,110 | ) |  | $ | (108,539 | )
Less: Net (income) loss attributable to redeemable noncontrolling interests in consolidated real estate partnerships |  | (3,582 | ) |  |  | (3,659 | ) |  |  | (9,411 | ) |  |  | (10,817 | )
Less: Net (income) loss attributable to noncontrolling interests in consolidated real estate partnerships |  | (105 | ) |  |  | 572 |  |  |  | (633 | ) |  |  | 1,399 |
Less: Net (income) loss from continuing operations attributable to common noncontrolling interests in Aimco Operating Partnership |  | 3,492 |  |  |  | 1,599 |  |  |  | 6,103 |  |  |  | 6,185 |
Less: Net (income) loss allocated to Aimco participating securities |  | (3,590 | ) |  |  | — |  |  |  | (3,590 | ) |  |  | — |
Income (loss) from continuing operations attributable to Aimco common stockholders |  | (83,099 | ) |  |  | (28,835 | ) |  |  | (130,641 | ) |  |  | (111,772 | )
Income (loss) from discontinued operations, net of taxes |  | 382,306 |  |  |  | 7,282 |  |  |  | 397,415 |  |  |  | 20,175 |
Less: Net (income) loss from discontinued operations attributable to common noncontrolling interests in Aimco Operating Partnership |  | (16,084 | ) |  |  | (383 | ) |  |  | (16,871 | ) |  |  | (1,051 | )
Income (loss) from discontinued operations attributable to Aimco common stockholders |  | 366,222 |  |  |  | 6,899 |  |  |  | 380,544 |  |  |  | 19,124 |
Net income (loss) attributable to Aimco common stockholders | $ | 283,123 |  |  | $ | (21,936 | ) |  | $ | 249,903 |  |  | $ | (92,648 | )
Denominator - shares: |  |  |  |  |  |  |  |  |  |  |
Basic weighted-average common stock outstanding |  | 138,946 |  |  |  | 136,749 |  |  |  | 137,738 |  |  |  | 139,044 |
Diluted share equivalents outstanding |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Diluted weighted-average common stock outstanding |  | 138,946 |  |  |  | 136,749 |  |  |  | 137,738 |  |  |  | 139,044 |
Earnings (loss) per share - basic |  |  |  |  |  |  |  |  |  |  |
Income (loss) from continuing operations attributable to Aimco per common share | $ | (0.60 | ) |  | $ | (0.21 | ) |  | $ | (0.95 | ) |  | $ | (0.80 | )
Income (loss) from discontinued operations attributable to Aimco per common share |  | 2.64 |  |  |  | 0.05 |  |  |  | 2.75 |  |  |  | 0.13 |
Net income (loss) attributable to Aimco per common share – basic | $ | 2.04 |  |  | $ | (0.16 | ) |  | $ | 1.80 |  |  | $ | (0.67 | )
Earnings (loss) per share - diluted |  |  |  |  |  |  |  |  |  |  |
Income (loss) from continuing operations attributable to Aimco per common share | $ | (0.60 | ) |  | $ | (0.21 | ) |  | $ | (0.95 | ) |  | $ | (0.80 | )
Income (loss) from discontinued operations attributable to Aimco per common share |  | 2.64 |  |  |  | 0.05 |  |  |  | 2.75 |  |  |  | 0.13 |
Net income (loss) attributable to Aimco per common share – diluted | $ | 2.04 |  |  | $ | (0.16 | ) |  | $ | 1.80 |  |  | $ | (0.67 | )
| Three Months Ended September 30, |  |  | Nine Months Ended September 30, |
| 2025 |  |  | 2024 |  |  | 2025 |  |  | 2024 |
Earnings per unit |  |  |  |  |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |  |  |  |  |
Income (loss) from continuing operations | $ | (79,314 | ) |  | $ | (27,347 | ) |  | $ | (123,110 | ) |  | $ | (108,539 | )
Less: Net (income) loss attributable to redeemable noncontrolling interests in consolidated real estate partnerships |  | (3,582 | ) |  |  | (3,659 | ) |  |  | (9,411 | ) |  |  | (10,817 | )
Less: Net (income) loss attributable to noncontrolling interests in consolidated real estate partnerships |  | (105 | ) |  |  | 572 |  |  |  | (633 | ) |  |  | 1,399 |
Less: Net (income) loss allocated to Aimco participating securities |  | (3,774 | ) |  |  | — |  |  |  | (3,774 | ) |  |  | — |
Income (loss) from continuing operations attributable to Aimco Operating Partnership's common unitholders |  | (86,775 | ) |  |  | (30,434 | ) |  |  | (136,928 | ) |  |  | (117,957 | )
Income (loss) from discontinued operations attributable to Aimco Operating Partnership's common unitholders |  | 382,306 |  |  |  | 7,282 |  |  |  | 397,415 |  |  |  | 20,175 |
Net income (loss) attributable to Aimco Operating Partnership's common unitholders | $ | 295,531 |  |  | $ | (23,152 | ) |  | $ | 260,487 |  |  | $ | (97,782 | )
Denominator - units |  |  |  |  |  |  |  |  |  |  |
Basic weighted-average OP Units outstanding |  | 145,048 |  |  |  | 144,366 |  |  |  | 144,798 |  |  |  | 146,683 |
Diluted OP Unit equivalents outstanding |  | — |  |  |  | — |  |  |  | — |  |  |  | — |
Diluted weighted-average OP Units outstanding |  | 145,048 |  |  |  | 144,366 |  |  |  | 144,798 |  |  |  | 146,683 |
Earnings (loss) per unit - basic |  |  |  |  |  |  |  |  |  |  |
Income (loss) from continuing operations attributable to Aimco Operating Partnership per unit | $ | (0.60 | ) |  | $ | (0.21 | ) |  | $ | (0.95 | ) |  | $ | (0.80 | )
Income (loss) from discontinued operations attributable to Aimco Operating Partnership per unit |  | 2.64 |  |  |  | 0.05 |  |  |  | 2.75 |  |  |  | 0.13 |
Net income (loss) attributable to Aimco per unit – basic | $ | 2.04 |  |  | $ | (0.16 | ) |  | $ | 1.80 |  |  | $ | (0.67 | )
Earnings (loss) per unit - diluted |  |  |  |  |  |  |  |  |  |  |
Income (loss) from continuing operations attributable to Aimco Operating Partnership per unit | $ | (0.60 | ) |  | $ | (0.21 | ) |  | $ | (0.95 | ) |  | $ | (0.80 | )
Income (loss)from discontinued operations attributable to Aimco Operating Partnership per unit |  | 2.64 |  |  |  | 0.05 |  |  |  | 2.75 |  |  |  | 0.13 |
Net income (loss) attributable to Aimco Operating Partnership per unit – diluted | $ | 2.04 |  |  | $ | (0.16 | ) |  | $ | 1.80 |  |  | $ | (0.67 | )

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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