Common Stock, OP Units, and Equivalents |
6 Months Ended |
|---|---|
Jun. 30, 2026 | |
| Equity [Abstract] | |
| Common Stock, OP Units, and Equivalents | Note 7 — Common Stock, OP Units, and Equivalents
Liquidation Basis
Aimco Equity As of June 30, 2026, Aimco has 143.3 million shares of Common Stock outstanding, 0.8 million unvested time-based restricted stock awards, and a maximum of 1.3 million shares of unvested market-based restricted stock awards, with 0.7 million shares of the market-based awards expected to vest based on stock price performance through June 30, 2026. Additionally, as of June 30, 2026, Aimco has 4.0 million exercisable stock options with a weighted-average exercise price of $2.41 per share, reflecting the equitable adjustments as a result of the special dividends paid during the prior year and the liquidating distributions paid during the current year. Aimco Operating Partnership Partners' Capital As of June 30, 2026, Aimco Operating Partnership has 148.2 million OP Units outstanding, including 143.3 million held by Aimco and 4.9 million held by third parties. In addition to the OP Units that may be issued to Aimco upon vesting of the restricted stock awards or exercise of stock options discussed above, Aimco Operating Partnership has 2.6 million LTIP II units with a weighted-average conversion metric of $1.43 per unit, reflecting the equitable adjustments as a result of the special dividends paid during the prior year and the liquidating distributions paid during the current year. During the three months ended June 30, 2026, 1,524,343 OP Units were redeemed for an equal number of shares of Common Stock on a one-for-one basis and 2,196 OP Units were redeemed for an aggregate weighted-average price of $4.15 per unit. Subsequent to quarter end, in July 2026, 2.5 million LTIP II units with a weighted-average conversion metric of $1.43 per unit were converted into 1.3 million OP Units. |