APARTMENT INVESTMENT & MANAGEMENT CO
For the period ended Mar 31, 2024. Filed May 8, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 8, 2024
AIV$1.57+2.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Balance Sheets (Unaudited)
CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands, except share data)
| March 31, 2024 | December 31, 2023 | |
|---|---|---|
| ASSETS | ||
| Buildings and improvements | $1,638,190 | $1,593,802 |
| Land | 620,488 | 620,821 |
| Total real estate | 2,258,678 | 2,214,623 |
| Accumulated depreciation | (597,380) | (580,802) |
| Net real estate | 1,661,298 | 1,633,821 |
| Cash and cash equivalents | 121,814 | 122,601 |
| Restricted cash | 18,589 | 16,666 |
| Interest rate options | 5,072 | 5,255 |
| Unconsolidated real estate partnerships | 23,282 | 23,125 |
| Notes receivable | 58,187 | 57,554 |
| Right-of-use lease assets - finance leases | 108,673 | 108,992 |
| Other assets, net | 122,976 | 121,461 |
| Total assets | $2,119,891 | $2,089,475 |
| LIABILITIES AND EQUITY | ||
| Non-recourse property debt, net | $845,671 | $846,298 |
| Non-recourse construction loans, net | 336,332 | 301,443 |
| Total indebtedness | 1,182,003 | 1,147,741 |
| Deferred tax liabilities | 108,487 | 110,284 |
| Lease liabilities - finance leases | 119,269 | 118,697 |
| Accrued liabilities and other | 131,554 | 121,143 |
| Total liabilities | 1,541,313 | 1,497,865 |
| Redeemable noncontrolling interests in consolidated real estate partnerships | 173,158 | 171,632 |
| Commitments and contingencies (Note 3) | ||
| Equity (510,587,500 shares authorized at both March 31, 2024 and December 31, 2023): | ||
| Common Stock, $0.01 par value, 140,210,798 and 140,576,102 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively | 1,402 | 1,406 |
| Additional paid-in capital | 460,907 | 464,538 |
| Retained earnings (deficit) | (126,478) | (116,292) |
| Total Aimco equity | 335,831 | 349,652 |
| Noncontrolling interests in consolidated real estate partnerships | 51,333 | 51,265 |
| Common noncontrolling interests in Aimco Operating Partnership | 18,256 | 19,061 |
| Total equity | 405,420 | 419,978 |
| Total liabilities and equity | $2,119,891 | $2,089,475 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.