v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
1 Months Ended 3 Months Ended
Jan. 31, 2026
Mar. 31, 2025
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) $ (5,675) $ (11,712)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 3,272 12,055
Realized and unrealized (gains) losses on interest rate contracts 8 261
Realized and unrealized (gains) losses on equity investments (258) 397
Income tax expense (benefit) (0) (85)
Share-based compensation expense 581 1,136
Other, including amortization of debt issuance costs 450 2,800
Discontinued operations:    
Depreciation and amortization 398 4,366
Other adjustments to income (loss) from discontinued operations 24 101
Changes in operating assets and operating liabilities:    
Operating assets, net (1,788) (3,163)
Operating liabilities, net (36,211) (1,784)
Total adjustments (33,672) 15,540
Net cash provided by (used in) operating activities (39,347) 3,828
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures [1] (7,535) (19,191)
Proceeds from repayment of seller financing receivable 18,500  
Other investing activities (532) (557)
Net cash provided by (used in) investing activities 10,433 (19,748)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from non-recourse construction loans and bridge financing 4,920 9,589
Principal repayments on non-recourse property debt   (817)
Proceeds from interest rate contracts 6 823
Purchase of interest rate contracts   (313)
Common stock repurchased   (256)
Payments related to withholding taxes for share-based compensation (192) (2,139)
Dividends paid on common stock and distributions paid on OP Units (991) (88,213)
Contributions from redeemable noncontrolling interests 1,700 2,877
Distributions to redeemable noncontrolling interests (749) (2,010)
Contributions from noncontrolling interests in consolidated real estate partnerships   174
Distributions to noncontrolling interests in consolidated real estate partnerships (96) (430)
Redemption of OP Units held by third parties   (106)
Redemption of redeemable noncontrolling interests in consolidated real estate partnerships (52,182)  
Other financing activities 1,844 1,022
Net cash used in financing activities (45,740) (79,799)
NET DECREASE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH (74,654) (95,719)
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AT BEGINNING OF YEAR 407,196 172,956
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD 332,542 77,237
Aimco OP L.P. [Member]    
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income (loss) (5,675) (11,712)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 3,272 12,055
Realized and unrealized (gains) losses on interest rate contracts 8 261
Realized and unrealized (gains) losses on equity investments (258) 397
Income tax expense (benefit)   (85)
Share-based compensation expense 581 1,136
Other, including amortization of debt issuance costs 450 2,800
Discontinued operations:    
Depreciation and amortization 398 4,366
Other adjustments to income (loss) from discontinued operations 24 101
Changes in operating assets and operating liabilities:    
Operating assets, net (1,788) (3,163)
Operating liabilities, net (36,211) (1,784)
Total adjustments (33,672) 15,540
Net cash provided by (used in) operating activities (39,347) 3,828
CASH FLOWS FROM INVESTING ACTIVITIES:    
Capital expenditures [2] (7,535) (19,191)
Proceeds from repayment of seller financing receivable 18,500  
Other investing activities (532) (557)
Net cash provided by (used in) investing activities 10,433 (19,748)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from non-recourse construction loans and bridge financing 4,920 9,589
Principal repayments on non-recourse property debt   (817)
Proceeds from interest rate contracts 6 823
Purchase of interest rate contracts   (313)
Common stock repurchased   (256)
Payments related to withholding taxes for share-based compensation (192) (2,139)
Dividends paid on common stock and distributions paid on OP Units (991) (88,213)
Contributions from redeemable noncontrolling interests 1,700 2,877
Distributions to redeemable noncontrolling interests (749) (2,010)
Contributions from noncontrolling interests in consolidated real estate partnerships   174
Distributions to noncontrolling interests in consolidated real estate partnerships (96) (430)
Redemption of OP Units held by third parties   (106)
Redemption of redeemable noncontrolling interests in consolidated real estate partnerships (52,182)  
Other financing activities 1,844 1,022
Net cash used in financing activities (45,740) (79,799)
NET DECREASE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH (74,654) (95,719)
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH AT BEGINNING OF YEAR 407,196 172,956
CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD 332,542 77,237
Unconsolidated Real Estate Partnerships [Member]    
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Loss (income) from unconsolidated real estate partnerships (148) (544)
Unconsolidated Real Estate Partnerships [Member] | Aimco OP L.P. [Member]    
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Loss (income) from unconsolidated real estate partnerships $ (148) $ (544)
[1] Accrued capital expenditures were $14.9 million and $14.8 million as of January 31, 2026, and March 31, 2025, respectively.
[2] Accrued capital expenditures were $14.9 million and $14.8 million as of January 31, 2026, and March 31, 2025, respectively.