v3.26.1
Basis of Presentation and Summary of Significant Accounting Policies - Summary of Notes Receivable (Details) - USD ($)
$ in Thousands
Jan. 31, 2026
Dec. 31, 2025
Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]    
Total notes receivable $ 86,512 $ 103,863
Note A [Member]    
Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]    
Accounts Receivable, Held-for-Sale [1] $ 86,512 85,363
Note B [Member]    
Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]    
Notes Receivable, Held For Investment [2]   $ 18,500
[1]

(1) In December 2025, Aimco issued $85.0 million of seller financing notes in conjunction with the sale of the Brickell Assemblage. The seller financing notes have initial terms of 24 months with compounding interest rates that increase from 12%

to 16% after twelve months, as well as exit fees of 3%. The seller financing notes also allow for two successive one-year renewal options at the buyer's election, upon which the interest rates will increase to 20% and 24%, respectively
[2]

(2) During the month ended January 31, 2026, we finalized an agreement to monetize a subordinated seller financing note associated with property in La Jolla, California, that had an effective interest rate of 6.0% and a current annual interest rate of 2.9%. The agreement was structured as a modification and repayment of the note in January 2026, when we collected the $18.5 million balance included within Notes receivable within the Condensed Consolidated Balance Sheet as of December 31, 2025. During the three months ended March 31, 2025, we recognized amortization of discount on the seller financing note of $0.3 million, which was recorded as a component of Interest Income in our Condensed Consolidated Statements of Operations. We did not recognize any amortization of the discount during the month ended January 31, 2026.