$AIV
APARTMENT INVESTMENT & MANAGEMENT CO Stock $aiv

$aiv Overview Financials Valuation SEC Filings Company Website

2016 Q3 Form 10-Q Financial Statement

#000092286416000124 Filed on October 28, 2016

Income Statement

Concept	2016 Q3	2015 Q3
Revenue	$248.9M	$246.4M
YoY Change	1.02%	-0.18%
Cost Of Revenue	$91.50M	$88.60M
YoY Change	3.27%	-6.93%
Gross Profit	$157.4M	$157.8M
YoY Change	-0.25%	4.02%
Gross Profit Margin	63.24%	64.05%
Selling, General & Admin	$12.30M	$12.90M
YoY Change	-4.65%	8.4%
% of Gross Profit	7.81%	8.17%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$84.90M	$77.20M
YoY Change	9.97%	11.24%
% of Gross Profit	53.94%	48.92%
Operating Expenses	$190.2M	$182.4M
YoY Change	4.28%	1.67%
Operating Profit	$58.73M	$64.02M
YoY Change	-8.26%	-5.11%
Interest Expense	$49.38M	$48.29M
YoY Change	2.26%	-16.47%
% of Operating Profit	84.07%	75.42%
Other Income/Expense, Net	$558.0K	-$1.983M
YoY Change	-128.14%	-214.43%
Pretax Income	$12.08M	$15.49M
YoY Change	-22.04%	17.52%
Income Tax	-$3.462M	-$8.279M
% Of Pretax Income	-28.67%	-53.45%
Net Earnings	$15.51M	$21.93M
YoY Change	-29.25%	-82.87%
Net Earnings / Revenue	6.23%	8.9%
Basic Earnings Per Share	$0.07	$0.12
Diluted Earnings Per Share	$0.07	$0.12
COMMON SHARES
Basic Shares Outstanding	156.1M shares	155.6M shares
Diluted Shares Outstanding	156.5M shares	156.0M shares

Balance Sheet

Concept	2016 Q3	2015 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$48.00M	$45.00M
YoY Change	6.67%	55.17%
Cash & Equivalents	$47.91M	$45.24M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory	$51.00M	$20.00M
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$99.00M	$65.00M
YoY Change	52.31%	-14.47%
LONG-TERM ASSETS
Property, Plant & Equipment	$5.756B	$5.580B
YoY Change	3.15%	6.79%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments		$59.00M
YoY Change		5.36%
Other Assets	$110.0M	$93.00M
YoY Change	18.28%	-43.98%
Total Long-Term Assets	$6.195B	$6.153B
YoY Change	0.69%	4.97%
TOTAL ASSETS
Total Short-Term Assets	$99.00M	$65.00M
Total Long-Term Assets	$6.195B	$6.153B
Total Assets	$6.294B	$6.218B
YoY Change	1.23%	4.72%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$48.00M	$37.00M
YoY Change	29.73%	-7.5%
Accrued Expenses	$212.0M	$325.0M
YoY Change	-34.77%	12.46%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$260.0M	$362.0M
YoY Change	-28.18%	10.03%
LONG-TERM LIABILITIES
Long-Term Debt	$4.056B	$3.936B
YoY Change	3.05%	-0.66%
Other Long-Term Liabilities	$48.00M	$83.00M
YoY Change	-42.17%	-33.06%
Total Long-Term Liabilities	$4.104B	$4.019B
YoY Change	2.11%	-1.64%
TOTAL LIABILITIES
Total Short-Term Liabilities	$260.0M	$362.0M
Total Long-Term Liabilities	$4.104B	$4.019B
Total Liabilities	$4.363B	$4.381B
YoY Change	-0.41%	-0.77%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock	$1.569M	$1.564M
YoY Change	0.32%	6.98%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.683B	$1.602B
YoY Change
Total Liabilities & Shareholders Equity	$6.294B	$6.218B
YoY Change	1.23%	4.72%

Cashflow Statement

Concept	2016 Q3	2015 Q3
OPERATING ACTIVITIES
Net Income	$15.51M	$21.93M
YoY Change	-29.25%	-82.87%
Depreciation, Depletion And Amortization	$84.90M	$77.20M
YoY Change	9.97%	11.24%
Cash From Operating Activities	$99.70M	$101.1M
YoY Change	-1.38%	13.47%
INVESTING ACTIVITIES
Capital Expenditures	-$377.1M	-$106.7M
YoY Change	253.42%	-50.51%
Acquisitions
YoY Change
Other Investing Activities	$297.6M	-$25.10M
YoY Change	-1285.66%	-106.39%
Cash From Investing Activities	-$79.60M	-$131.9M
YoY Change	-39.65%	-174.52%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-27.50M	29.10M
YoY Change	-194.5%	-110.75%
NET CHANGE
Cash From Operating Activities	99.70M	101.1M
Cash From Investing Activities	-79.60M	-131.9M
Cash From Financing Activities	-27.50M	29.10M
Net Change In Cash	-7.400M	-1.700M
YoY Change	335.29%	-63.04%
FREE CASH FLOW
Cash From Operating Activities	$99.70M	$101.1M
Capital Expenditures	-$377.1M	-$106.7M
Free Cash Flow	$476.8M	$207.8M
YoY Change	129.45%	-31.8%

Facts In Submission

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	aiv	Effect Of Changes In Ownership For Consolidated Entities EffectOfChangesInOwnershipForConsolidatedEntities	13873000	USD
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CY2015Q3	aiv	Nonvested Restricted Shares Of Common Stock With Non Forfeitable Dividend Rights NonvestedRestrictedSharesOfCommonStockWithNonForfeitableDividendRights	700000	shares
CY2016Q3	aiv	Nonvested Restricted Shares Of Common Stock With Non Forfeitable Dividend Rights NonvestedRestrictedSharesOfCommonStockWithNonForfeitableDividendRights	200000	shares
CY2016Q3	aiv	Numberof Sharesof Common Stock Requiredto Redeem Preferred Op Units Tenderedfor Redemptionif Parent Choosesto Redeemin Shares Ratherthan Cash NumberofSharesofCommonStockRequiredtoRedeemPreferredOPUnitsTenderedforRedemptionifParentChoosestoRedeeminSharesRatherthanCash	2200000	shares
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	aiv	Operating Leases Income Statement Lease Revenue And Other Real Estate Revenue OperatingLeasesIncomeStatementLeaseRevenueAndOtherRealEstateRevenue	717308000	USD
CY2016Q3	aiv	Operating Leases Income Statement Lease Revenue And Other Real Estate Revenue OperatingLeasesIncomeStatementLeaseRevenueAndOtherRealEstateRevenue	244115000	USD
	aiv	Operating Leases Income Statement Lease Revenue And Other Real Estate Revenue OperatingLeasesIncomeStatementLeaseRevenueAndOtherRealEstateRevenue	728467000	USD
	aiv	Other Comprehensive Income Loss OtherComprehensiveIncomeLoss	6075000	USD
CY2015Q3	aiv	Other Items Included In Continuing Operations OtherItemsIncludedInContinuingOperations	40252000	USD
	aiv	Other Items Included In Continuing Operations OtherItemsIncludedInContinuingOperations	124598000	USD
CY2016Q3	aiv	Other Items Included In Continuing Operations OtherItemsIncludedInContinuingOperations	43194000	USD
	aiv	Other Items Included In Continuing Operations OtherItemsIncludedInContinuingOperations	118054000	USD
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	aiv	Redemption Of Operating Partnership Units In Exchange For Cash Or Shares Of Common Stock RedemptionOfOperatingPartnershipUnitsInExchangeForCashOrSharesOfCommonStock	9457000	USD
CY2015Q3	aiv	Tax Credit And Asset Management Revenues TaxCreditAndAssetManagementRevenues	6005000	USD
	aiv	Tax Credit And Asset Management Revenues TaxCreditAndAssetManagementRevenues	18127000	USD
CY2016Q3	aiv	Tax Credit And Asset Management Revenues TaxCreditAndAssetManagementRevenues	4789000	USD
	aiv	Tax Credit And Asset Management Revenues TaxCreditAndAssetManagementRevenues	17894000	USD
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2016
	dei	Document Period End Date DocumentPeriodEndDate	2016-09-30
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0000922864
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	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
	dei	Entity Registrant Name EntityRegistrantName	APARTMENT INVESTMENT & MANAGEMENT CO
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	us-gaap	Net Income Loss NetIncomeLoss	266003000	USD
CY2015Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	1844000	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	17553000	USD
CY2016Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	14523000	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	39871000	USD
CY2015Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	19179000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	169327000	USD
CY2016Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	11176000	USD
	us-gaap	Noncontrolling Interest In Net Income Loss Operating Partnerships Nonredeemable NoncontrollingInterestInNetIncomeLossOperatingPartnershipsNonredeemable	8263000	USD
CY2016Q3	us-gaap	Noncontrolling Interest In Net Income Loss Operating Partnerships Nonredeemable NoncontrollingInterestInNetIncomeLossOperatingPartnershipsNonredeemable	192000	USD
	us-gaap	Noncontrolling Interest In Net Income Loss Operating Partnerships Nonredeemable NoncontrollingInterestInNetIncomeLossOperatingPartnershipsNonredeemable	12499000	USD
CY2015Q3	us-gaap	Noncontrolling Interest In Net Income Loss Preferred Unit Holders Nonredeemable NoncontrollingInterestInNetIncomeLossPreferredUnitHoldersNonredeemable	1736000	USD
	us-gaap	Noncontrolling Interest In Net Income Loss Preferred Unit Holders Nonredeemable NoncontrollingInterestInNetIncomeLossPreferredUnitHoldersNonredeemable	5208000	USD
CY2016Q3	us-gaap	Noncontrolling Interest In Net Income Loss Preferred Unit Holders Nonredeemable NoncontrollingInterestInNetIncomeLossPreferredUnitHoldersNonredeemable	1842000	USD
CY2016Q3	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	-336000	USD
	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	5615000	USD
CY2015Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	637000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-308000	USD
CY2016Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	391000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	6075000	USD
CY2015Q3	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax	-418000	USD
	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax	-1260000	USD
CY2016Q3	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax	-390000	USD
	us-gaap	Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax	-1208000	USD
CY2015Q3	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	-892000	USD
	us-gaap	Noncontrolling Interest In Net Income Loss Preferred Unit Holders Nonredeemable NoncontrollingInterestInNetIncomeLossPreferredUnitHoldersNonredeemable	5276000	USD
	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	2	Segment
CY2015Q3	us-gaap	Operating Expenses OperatingExpenses	182366000	USD
	us-gaap	Operating Expenses OperatingExpenses	544704000	USD
CY2016Q3	us-gaap	Operating Expenses OperatingExpenses	190172000	USD
	us-gaap	Operating Expenses OperatingExpenses	559659000	USD
CY2015Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	64021000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	190731000	USD
CY2016Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	58732000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	186702000	USD
CY2015Q4	us-gaap	Other Assets OtherAssets	448405000	USD
CY2016Q3	us-gaap	Other Assets OtherAssets	329782000	USD
CY2015Q3	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	1111000	USD
	us-gaap	Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax	-51000	USD
	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	-1517000	USD
CY2016Q3	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	337000	USD
	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	-748000	USD
CY2015Q3	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	3590000	USD
	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	7521000	USD
CY2016Q3	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	1543000	USD
	us-gaap	Other Cost And Expense Operating OtherCostAndExpenseOperating	8639000	USD
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	17137000	USD
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	10530000	USD
CY2015Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-1983000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	631000	USD
CY2016Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	558000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	5541000	USD
CY2015Q3	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Basic ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic	-11000	USD
	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Basic ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic	690000	USD
CY2016Q3	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Basic ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic	14000	USD
	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Basic ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic	384000	USD
	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	277575000	USD
	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	259323000	USD
	us-gaap	Payments For Proceeds From Deposits On Real Estate Acquisitions PaymentsForProceedsFromDepositsOnRealEstateAcquisitions	25801000	USD
	us-gaap	Payments For Proceeds From Deposits On Real Estate Acquisitions PaymentsForProceedsFromDepositsOnRealEstateAcquisitions	0	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	0	USD
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-3678000	USD
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	-10134000	USD
	us-gaap	Payments For Repurchase Of Preferred Stock And Preference Stock PaymentsForRepurchaseOfPreferredStockAndPreferenceStock	27000000	USD
	us-gaap	Payments For Repurchase Of Preferred Stock And Preference Stock PaymentsForRepurchaseOfPreferredStockAndPreferenceStock	34791000	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	137268000	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	154661000	USD
	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	46026000	USD
	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	29026000	USD
	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	8342000	USD
	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	7866000	USD
	us-gaap	Payments To Acquire Additional Interest In Subsidiaries PaymentsToAcquireAdditionalInterestInSubsidiaries	2944000	USD
	us-gaap	Payments To Acquire Additional Interest In Subsidiaries PaymentsToAcquireAdditionalInterestInSubsidiaries	23051000	USD
	us-gaap	Payments To Acquire Other Productive Assets PaymentsToAcquireOtherProductiveAssets	4625000	USD
	us-gaap	Payments To Acquire Other Productive Assets PaymentsToAcquireOtherProductiveAssets	6472000	USD
	us-gaap	Payments To Acquire Residential Real Estate PaymentsToAcquireResidentialRealEstate	142207000	USD
	us-gaap	Payments To Acquire Residential Real Estate PaymentsToAcquireResidentialRealEstate	287952000	USD
CY2015Q3	us-gaap	Preferred Stock Dividends And Other Adjustments PreferredStockDividendsAndOtherAdjustments	2757000	USD
	us-gaap	Preferred Stock Dividends And Other Adjustments PreferredStockDividendsAndOtherAdjustments	9037000	USD
CY2016Q3	us-gaap	Preferred Stock Dividends And Other Adjustments PreferredStockDividendsAndOtherAdjustments	4323000	USD
	us-gaap	Preferred Stock Dividends And Other Adjustments PreferredStockDividendsAndOtherAdjustments	9838000	USD
CY2015Q4	us-gaap	Preferred Stock Value PreferredStockValue	159126000	USD
CY2016Q3	us-gaap	Preferred Stock Value PreferredStockValue	125000000	USD
CY2016Q3	us-gaap	Preferred Units Outstanding PreferredUnitsOutstanding	3900000	shares
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	366580000	USD
	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	232994000	USD
	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	190714000	USD
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-1575000	USD
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-847000	USD
	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	15870000	USD
	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	267780000	USD
	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	227911000	USD
	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	325344000	USD
CY2015Q3	us-gaap	Profit Loss ProfitLoss	23769000	USD
	us-gaap	Profit Loss ProfitLoss	196607000	USD
CY2016Q3	us-gaap	Profit Loss ProfitLoss	30036000	USD
	us-gaap	Profit Loss ProfitLoss	305874000	USD
CY2015Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	2778022000	USD
CY2016Q3	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	2650831000	USD
CY2015Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	8307483000	USD
CY2016Q3	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	8406509000	USD
CY2015Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	5529461000	USD
CY2016Q3	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	5755678000	USD
CY2015Q4	us-gaap	Redeemable Noncontrolling Interest Equity Preferred Carrying Amount RedeemableNoncontrollingInterestEquityPreferredCarryingAmount	87926000	USD
CY2016Q3	us-gaap	Redeemable Noncontrolling Interest Equity Preferred Carrying Amount RedeemableNoncontrollingInterestEquityPreferredCarryingAmount	103201000	USD
	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	418744000	USD
	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	253328000	USD
CY2015Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	86956000	USD
CY2016Q3	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	109511000	USD
CY2015Q3	us-gaap	Revenues Revenues	246387000	USD
	us-gaap	Revenues Revenues	735435000	USD
CY2016Q3	us-gaap	Revenues Revenues	248904000	USD
	us-gaap	Revenues Revenues	746361000	USD
CY2015Q4	us-gaap	Secured Debt SecuredDebt	3822141000	USD
CY2016Q3	us-gaap	Secured Debt SecuredDebt	3760761000	USD
	us-gaap	Stock Issued During Period Value Stock Options Exercised Net Of Tax Benefit Expense StockIssuedDuringPeriodValueStockOptionsExercisedNetOfTaxBenefitExpense	767000	USD
	us-gaap	Stock Redeemed Or Called During Period Value StockRedeemedOrCalledDuringPeriodValue	34791000	USD
CY2015Q4	us-gaap	Stockholders Equity StockholdersEquity	1622391000	USD
CY2016Q3	us-gaap	Stockholders Equity StockholdersEquity	1682907000	USD
CY2015Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1763905000	USD
CY2016Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1827607000	USD
	us-gaap	Stockholders Equity Other StockholdersEquityOther	-1881000	USD
CY2015Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	156008000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	155412000	shares
CY2016Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	156527000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	156341000	shares
CY2015Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	155639000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	154994000	shares
CY2016Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	156079000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	155944000	shares
	us-gaap	Basis Of Accounting BasisOfAccounting	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Basis of Presentation</font></div><div style="line-height:120%;padding-bottom:12px;text-align:justify;text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with the instructions to Form 10-Q and Article 10 of Regulation S-X. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America, or GAAP, have been condensed or omitted in accordance with such rules and regulations, although management believes the disclosures are adequate to prevent the information presented from being misleading. In the opinion of management, all adjustments (consisting of normal recurring items) considered necessary for a fair presentation have been included. Operating results for the </font><font style="font-family:inherit;font-size:10pt;">three and nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September 30, 2016</font><font style="font-family:inherit;font-size:10pt;">, are not necessarily indicative of the results that may be expected for the year ending </font><font style="font-family:inherit;font-size:10pt;">December 31, 2016</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-bottom:12px;text-align:justify;text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The balance sheets of Aimco and the Aimco Operating Partnership at </font><font style="font-family:inherit;font-size:10pt;">December 31, 2015</font><font style="font-family:inherit;font-size:10pt;">, have been derived from their respective audited financial statements at that date, but do not include all of the information and disclosures required by GAAP for complete financial statements. For further information, refer to the financial statements and notes thereto included in Aimco’s and the Aimco Operating Partnership’s combined Annual Report on Form 10-K for the year ended </font><font style="font-family:inherit;font-size:10pt;">December 31, 2015</font><font style="font-family:inherit;font-size:10pt;">. Except where indicated, the footnotes refer to both Aimco and the Aimco Operating Partnership.</font></div></div>
	us-gaap	Description Of New Accounting Pronouncements Not Yet Adopted DescriptionOfNewAccountingPronouncementsNotYetAdopted	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Recent Accounting Pronouncements</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In March 2016, the FASB issued Accounting Standards Update 2016-09, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Improvements to Employee Share-Based Payment Accounting (Topic 718)</font><font style="font-family:inherit;font-size:10pt;">, or ASU 2016-09, which is intended to simplify the accounting for share-based compensation. Under current practice, tax benefits in excess of compensation cost, or windfalls, are recorded in equity and tax deficiencies, are recorded in equity up to the amount of previous windfalls and then recognized in earnings. Under ASU 2016-09 all of the tax effects related to share-based compensation will be recognized through earnings. This change is required to be applied prospectively to all windfalls and tax deficiencies resulting from settlements that occur after the date of adoption. ASU 2016-09 also removes the requirement to delay recognition of a windfall until it reduces current taxes payable. Under the new standard, the windfall will be recorded when it arises. This change is required to be applied on a modified retrospective basis, with a cumulative effect adjustment to opening retained earnings. ASU 2016-09 is effective for public entities for reporting periods beginning after December 15, 2016, and interim periods within that reporting period. We have completed our preliminary assessment of the effect ASU 2016-09 will have on our consolidated financial statements and do not anticipate recording a material cumulative effect adjustment upon adoption. Under ASU 2016-09, commencing in 2017, we may experience incremental volatility in income tax benefit or expense resulting from the recognition in earnings of windfall benefits or deficiencies upon the exercise of stock options and vesting of restricted shares.</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In February 2016, the FASB issued Accounting Standards Update 2016-02, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Leases (Topic 842)</font><font style="font-family:inherit;font-size:10pt;">, or ASU 2016-02, its standard on lease accounting. Under ASU 2016-02, lessor accounting will be substantially similar to the current model, but aligned with certain changes to the lessee model and Accounting Standards Update 2014-09, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Revenue from Contracts with Customers</font><font style="font-family:inherit;font-size:10pt;">. Lessors will continue to classify leases as operating, direct financing, or sales-type. Lessees will be required to recognize a right-of-use asset and a lease liability for virtually all leases, with such leases classified as either operating or finance. Operating leases will result in straight-line expense (similar to current operating leases) and finance leases will result in a front-loaded expense pattern (similar to current capital leases). Classification will be based on criteria that are largely similar to those applied in current lease accounting. </font></div><div style="line-height:120%;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;padding-bottom:12px;text-align:justify;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">ASU 2016-02 is effective for public entities for reporting periods beginning after December 15, 2018, and interim periods within those reporting periods, with early adoption permitted. The new standard must be adopted using a modified retrospective transition, requiring application of the new guidance at the beginning of the earliest comparative period presented and provides for certain practical expedients. We have not yet determined the effect ASU 2016-02 will have on our consolidated financial statements. </font></div></div>
	us-gaap	Nature Of Operations NatureOfOperations	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Organization</font></div><div style="line-height:120%;padding-bottom:12px;text-align:justify;text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Apartment Investment and Management Company, or Aimco, is a Maryland corporation incorporated on January 10, 1994. Aimco is a self-administered and self-managed real estate investment trust, or REIT. AIMCO Properties, L.P., or the Aimco Operating Partnership, is a Delaware limited partnership formed on May 16, 1994, to conduct our business, which is focused on the ownership and management of quality apartment communities located in large coastal and job growth markets in the United States.</font></div><div style="line-height:120%;padding-bottom:12px;text-align:justify;text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Aimco, and through its wholly-owned subsidiaries, AIMCO-GP, Inc. and AIMCO-LP Trust, owns a majority of the ownership interests in the Aimco Operating Partnership. Aimco conducts all of its business and owns all of its assets through the Aimco Operating Partnership. Interests in the Aimco Operating Partnership that are held by limited partners other than Aimco are referred to as “OP Units.” OP Units include common partnership units, high performance partnership units and partnership preferred units, which we refer to as common OP Units, HPUs and preferred OP Units, respectively. We also refer to HPUs as common OP Unit equivalents. At </font><font style="font-family:inherit;font-size:10pt;">September 30, 2016</font><font style="font-family:inherit;font-size:10pt;">, after eliminations for units held by consolidated entities, the Aimco Operating Partnership had </font><font style="font-family:inherit;font-size:10pt;">164,525,865</font><font style="font-family:inherit;font-size:10pt;"> common partnership units and equivalents outstanding. At </font><font style="font-family:inherit;font-size:10pt;">September 30, 2016</font><font style="font-family:inherit;font-size:10pt;">, Aimco owned </font><font style="font-family:inherit;font-size:10pt;">156,887,997</font><font style="font-family:inherit;font-size:10pt;"> of the common partnership units (</font><font style="font-family:inherit;font-size:10pt;">95.4%</font><font style="font-family:inherit;font-size:10pt;"> of the common partnership units and equivalents) of the Aimco Operating Partnership and Aimco had outstanding an equal number of shares of its Class A Common Stock, which we refer to as Common Stock.</font></div><div style="line-height:120%;padding-bottom:12px;text-align:justify;text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Except as the context otherwise requires, “we,” “our” and “us” refer to Aimco, the Aimco Operating Partnership and their consolidated subsidiaries, collectively.</font></div><div style="line-height:120%;padding-bottom:12px;text-align:justify;text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">September 30, 2016</font><font style="font-family:inherit;font-size:10pt;">, we owned an equity interest in</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">138</font><font style="font-family:inherit;font-size:10pt;background-color:#ffffff;"> </font><font style="font-family:inherit;font-size:10pt;background-color:#ffffff;">conventional apartment communiti</font><font style="font-family:inherit;font-size:10pt;">es with </font><font style="font-family:inherit;font-size:10pt;">39,316</font><font style="font-family:inherit;font-size:10pt;"> apartment homes and </font><font style="font-family:inherit;font-size:10pt;">55</font><font style="font-family:inherit;font-size:10pt;"> affordable apartment communities with </font><font style="font-family:inherit;font-size:10pt;">8,389</font><font style="font-family:inherit;font-size:10pt;"> apartment homes. Of these, we consolidated </font><font style="font-family:inherit;font-size:10pt;">134</font><font style="font-family:inherit;font-size:10pt;"> conventional apartment communities with </font><font style="font-family:inherit;font-size:10pt;">39,174</font><font style="font-family:inherit;font-size:10pt;"> apartment homes and </font><font style="font-family:inherit;font-size:10pt;">48</font><font style="font-family:inherit;font-size:10pt;"> affordable apartment communities with </font><font style="font-family:inherit;font-size:10pt;">7,702</font><font style="font-family:inherit;font-size:10pt;"> apartment homes. Conventional and affordable apartment communities generated </font><font style="font-family:inherit;font-size:10pt;">90%</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">10%</font><font style="font-family:inherit;font-size:10pt;">, respectively, of the proportionate property net operating income (as defined in </font><font style="font-family:inherit;font-size:10pt;font-weight:normal;">Note 8</font><font style="font-family:inherit;font-size:10pt;"> and excluding amounts related to apartment communities sold or classified as held for sale) during the </font><font style="font-family:inherit;font-size:10pt;">nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September 30, 2016</font><font style="font-family:inherit;font-size:10pt;">.</font></div></div>
	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;padding-bottom:12px;text-align:justify;text-indent:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of our condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts included in the financial statements and accompanying notes thereto. Actual results could differ from those estimates.</font></div></div>

Files In Submission

Name	View Source	Status
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0000922864-16-000124-index.html	Edgar Link	pending
0000922864-16-000124.txt	Edgar Link	pending
0000922864-16-000124-xbrl.zip	Edgar Link	pending
aiv-20160930.xml	Edgar Link	completed
aiv-20160930.xsd	Edgar Link	pending
aiv-20160930_cal.xml	Edgar Link	unprocessable
aiv-20160930_def.xml	Edgar Link	unprocessable
aiv-20160930_lab.xml	Edgar Link	unprocessable
aiv-20160930_pre.xml	Edgar Link	unprocessable
aiv-ex311q32016.htm	Edgar Link	pending
aiv-ex312q32016.htm	Edgar Link	pending
aiv-ex313q32016.htm	Edgar Link	pending
aiv-ex314q32016.htm	Edgar Link	pending
aiv-ex321q32016.htm	Edgar Link	pending
aiv-ex322q32016.htm	Edgar Link	pending
aiv-ex991q32016.htm	Edgar Link	pending
aiv-ex992q32016.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
q3201610-q.htm	Edgar Link	pending
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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APARTMENT INVESTMENT & MANAGEMENT CO Stock $aiv

2016 Q3 Form 10-Q Financial Statement

#000092286416000124 Filed on October 28, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$AIV APARTMENT INVESTMENT & MANAGEMENT CO Stock $aiv

2016 Q3 Form 10-Q Financial Statement

#000092286416000124 Filed on October 28, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$AIV
APARTMENT INVESTMENT & MANAGEMENT CO Stock $aiv