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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
REVENUES        
Rental and other property revenues $ 35,132 $ 35,328 $ 103,847 $ 101,637
OPERATING EXPENSES        
Property operating expenses 16,893 17,658 51,192 49,611
Depreciation and amortization 16,222 21,376 44,922 57,914
General and administrative expenses 7,523 7,750 23,502 23,876
Impairment on real estate 57,373   57,373  
Total operating expenses 98,011 46,784 176,989 131,401
Interest income 1,529 2,291 5,166 7,462
Interest expense (14,033) (16,323) (44,214) (41,196)
Realized and unrealized gains (losses) on interest rate contracts (102) (1,148) (434) 1,164
Realized and unrealized gains (losses) on equity investments (4,868) (566) (5,475) (48,101)
Other income (expense), net 923 (3,959) 359 (6,835)
Income (loss) from continuing operations before income tax (79,430) (31,161) (117,740) (117,270)
Income tax benefit (expense) 116 3,814 (5,370) 8,731
Net income (loss) from continuing operations (79,314) (27,347) (123,110) (108,539)
Income (loss) from discontinued operations, net of taxes 382,306 7,282 397,415 20,175
Net income (loss) 302,992 (20,065) 274,305 (88,364)
Net (income) loss attributable to redeemable noncontrolling interests in consolidated real estate partnerships (3,582) (3,659) (9,411) (10,817)
Net (income) loss attributable to noncontrolling interests in consolidated real estate partnerships (105) 572 (633) 1,399
Net (income) loss attributable to common noncontrolling interests in Aimco Operating Partnership (12,592) 1,216 (10,768) 5,134
Net income (loss) attributable to Aimco $ 286,713 $ (21,936) $ 253,493 $ (92,648)
Earnings (loss) per common share - basic        
Income (loss) from continuing operations attributable to Aimco per common share - basic $ (0.6) $ (0.21) $ (0.95) $ (0.8)
Income (loss) from discontinued operations attributable to Aimco per common share - basic 2.64 0.05 2.75 0.13
Net income (loss) attributable to Aimco Operating Partnership per common unit - basic (Note 4) 2.04 (0.16) 1.8 (0.67)
Earnings (loss) per common share - diluted        
Income (loss) from continuing operations attributable to Aimco per common share - diluted (0.6) (0.21) (0.95) (0.80)
Income (loss) from discontinued operations attributable to Aimco per common share - diluted 2.64 0.05 2.75 0.13
Net income (loss) attributable to Aimco Operating Partnership per common unit - diluted (Note 4) $ 2.04 $ (0.16) $ 1.8 $ (0.67)
Weighted-average common shares outstanding - basic 138,946 136,749 137,738 139,044
Weighted-average common shares outstanding - diluted 138,946 136,749 137,738 139,044
Aimco OP L.P. [Member]        
REVENUES        
Rental and other property revenues $ 35,132 $ 35,328 $ 103,847 $ 101,637
OPERATING EXPENSES        
Property operating expenses 16,893 17,658 51,192 49,611
Depreciation and amortization 16,222 21,376 44,922 57,914
General and administrative expenses 7,523 7,750 23,502 23,876
Impairment on real estate 57,373   57,373  
Total operating expenses 98,011 46,784 176,989 131,401
Interest income 1,529 2,291 5,166 7,462
Interest expense (14,033) (16,323) (44,214) (41,196)
Realized and unrealized gains (losses) on interest rate contracts (102) (1,148) (434) 1,164
Realized and unrealized gains (losses) on equity investments (4,868) (566) (5,475) (48,101)
Other income (expense), net 923 (3,959) 359 (6,835)
Income (loss) from continuing operations before income tax (79,430) (31,161) (117,740) (117,270)
Income tax benefit (expense) 116 3,814 (5,370) 8,731
Net income (loss) from continuing operations (79,314) (27,347) (123,110) (108,539)
Income (loss) from discontinued operations, net of taxes 382,306 7,282 397,415 20,175
Net income (loss) 302,992 (20,065) 274,305 (88,364)
Net (income) loss attributable to redeemable noncontrolling interests in consolidated real estate partnerships (3,582) (3,659) (9,411) (10,817)
Net (income) loss attributable to noncontrolling interests in consolidated real estate partnerships (105) 572 (633) 1,399
Net income (loss) attributable to Aimco $ 299,305 $ (23,152) $ 264,261 $ (97,782)
Earnings (loss) per common share - basic        
Income (loss) from continuing operations attributable to Aimco per common share - basic $ (0.6) $ (0.21) $ (0.95) $ (0.8)
Income (loss) from discontinued operations attributable to Aimco per common share - basic 2.64 0.05 2.75 0.13
Net income (loss) attributable to Aimco Operating Partnership per common unit - basic (Note 4) 2.04 (0.16) 1.8 (0.67)
Earnings (loss) per common share - diluted        
Income (loss) from continuing operations attributable to Aimco per common share - diluted (0.6) (0.21) (0.95) (0.8)
Income (loss) from discontinued operations attributable to Aimco per common share - diluted 2.64 0.05 2.75 0.13
Net income (loss) attributable to Aimco Operating Partnership per common unit - diluted (Note 4) $ 2.04 $ (0.16) $ 1.8 $ (0.67)
Weighted-average common shares outstanding - basic 145,048 144,366 144,798 146,683
Weighted-average common shares outstanding - diluted 145,048 144,366 144,798 146,683