APARTMENT INVESTMENT & MANAGEMENT CO
For the period ended Dec 31, 2023. Filed Feb 26, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 26, 2024
AIV$1.53-1.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
(In thousands, except share data)
| December 31, 2023 | December 31, 2022 | |
|---|---|---|
| ASSETS | ||
| Buildings and improvements | $1,593,802 | $1,322,381 |
| Land | 620,821 | 641,102 |
| Total real estate | 2,214,623 | 1,963,483 |
| Accumulated depreciation | (580,802) | (530,722) |
| Net real estate | 1,633,821 | 1,432,761 |
| Cash and cash equivalents | 122,601 | 206,460 |
| Restricted cash | 16,666 | 23,306 |
| Mezzanine investment | — | 158,558 |
| Interest rate options | 5,255 | 62,387 |
| Unconsolidated real estate partnerships | 23,125 | 15,789 |
| Notes receivable | 57,554 | 39,014 |
| Right-of-use lease assets - finance leases | 108,992 | 110,269 |
| Other assets, net | 121,461 | 132,679 |
| Total assets | $2,089,475 | $2,181,223 |
| LIABILITIES AND EQUITY | ||
| Non-recourse property debt, net | $846,298 | $929,501 |
| Construction loans, net | 301,443 | 118,698 |
| Total indebtedness | 1,147,741 | 1,048,199 |
| Deferred tax liabilities | 110,284 | 119,615 |
| Lease liabilities - finance leases | 118,697 | 114,625 |
| Mezzanine investment - participation sold | 31,018 | — |
| Accrued liabilities and other | 90,125 | 106,600 |
| Total liabilities | 1,497,865 | 1,389,039 |
| Redeemable noncontrolling interests in consolidated real estate partnerships | 171,632 | 166,826 |
| Commitments and contingencies (Note 13) | ||
| Equity (510,587,500 shares authorized at both December 31, 2023 and December 31, 2022): | ||
| Common Stock, $0.01 par value, 140,576,102 and 146,524,941 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively | 1,406 | 1,466 |
| Additional paid-in capital | 464,538 | 496,482 |
| Retained earnings | (116,292) | 49,904 |
| Total Aimco equity | 349,652 | 547,852 |
| Noncontrolling interests in consolidated real estate partnerships | 51,265 | 48,294 |
| Common noncontrolling interests in Aimco Operating Partnership | 19,061 | 29,212 |
| Total equity | 419,978 | 625,358 |
| Total liabilities and equity | $2,089,475 | $2,181,223 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.