APARTMENT INVESTMENT & MANAGEMENT CO
For the period ended Jun 30, 2024. Filed Aug 7, 2024.
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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.
Jun 30, 2024 · Filed Aug 7, 2024
AIV$1.57+2.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Equity (Unaudited)
CONDENSED CONSOLIDATED STATEMENTS OF EQUITY
For the Three Months Ended June 30, 2024 and 2023
| Common Stock · NoncontrollingInterests in · CommonNoncontrollingInterests in | ||||||||
|---|---|---|---|---|---|---|---|---|
| SharesIssued | Amount | Additional Paid-in Capital | Retained Earnings (Accumulated Deficit) | Total Aimco Equity | ConsolidatedReal EstatePartnerships | AimcoOperatingPartnership | TotalEquity | |
| Balances at March 31, 2023 | 144,718 | $1,448 | $489,304 | $41,087 | $531,839 | $48,321 | $28,589 | $608,749 |
| Net income (loss) | — | — | — | (3,602) | (3,602) | 348 | (178) | (3,432) |
| Redemption of OP Units held by third parties and reallocation of noncontrolling interests in Aimco OP | — | — | (37) | — | (37) | — | (329) | (366) |
| Share-based compensation expense | — | — | 1,853 | — | 1,853 | — | 23 | 1,876 |
| Contributions from noncontrolling interests in consolidated real estate partnerships | — | — | — | — | — | 113 | — | 113 |
| Distributions to noncontrolling interests in consolidated real estate partnerships | — | — | — | — | — | (310) | — | (310) |
| Common stock repurchased | (984) | (10) | (7,860) | — | (7,870) | — | — | (7,870) |
| Other, net | — | — | (2) | 1 | (1) | — | — | (1) |
| Balances at June 30, 2023 | 143,734 | $1,438 | $483,258 | $37,486 | $522,182 | $48,472 | $28,105 | $598,759 |
| Balances at March 31, 2024 | 140,211 | $1,402 | $460,907 | $(126,478) | $335,831 | $51,333 | $18,256 | $405,420 |
| Net income (loss) | — | — | — | (60,526) | (60,526) | (811) | (3,364) | (64,701) |
| Redemption of OP Units held by third parties and reallocation of noncontrolling interests in Aimco OP | — | — | 694 | — | 694 | — | (809) | (115) |
| Share-based compensation expense | — | — | 1,906 | — | 1,906 | — | 6 | 1,912 |
| Contributions from noncontrolling interests in consolidated real estate partnerships | — | — | — | — | — | 194 | — | 194 |
| Distributions to noncontrolling interests in consolidated real estate partnerships | — | — | — | — | — | (436) | — | (436) |
| Common stock repurchased | (3,044) | (30) | (24,402) | — | (24,432) | — | — | (24,432) |
| Other, net | — | — | 63 | — | 63 | — | — | 63 |
| Balances at June 30, 2024 | 137,167 | 1,372 | 439,168 | (187,004) | 253,536 | 50,280 | 14,089 | 317,905 |
CONDENSED CONSOLIDATED STATEMENTS OF EQUITY
For the Six Months Ended June 30, 2024 and 2023
| Common Stock · NoncontrollingInterests in · CommonNoncontrollingInterests in | ||||||||
|---|---|---|---|---|---|---|---|---|
| SharesIssued | Amount | Additional Paid-in Capital | Retained Earnings (Accumulated Deficit) | Total Aimco Equity | ConsolidatedReal EstatePartnerships | AimcoOperatingPartnership | TotalEquity | |
| Balances at December 31, 2022 | 146,525 | $1,466 | $496,482 | $49,904 | $547,852 | $48,294 | $29,212 | $625,358 |
| Net income (loss) | — | — | — | (12,419) | (12,419) | 613 | (652) | (12,458) |
| Redemption of OP Units held by third parties and reallocation of noncontrolling interests in Aimco OP | — | — | 4,256 | — | 4,256 | — | (4,876) | (620) |
| Share-based compensation expense | — | — | 3,549 | — | 3,549 | — | 3,149 | 6,698 |
| Contributions from noncontrolling interests in consolidated real estate partnerships | — | — | — | — | — | 163 | — | 163 |
| Distributions to noncontrolling interests in consolidated real estate partnerships | — | — | — | — | — | (597) | — | (597) |
| Common stock repurchased | (3,003) | (30) | (22,562) | — | (22,592) | — | — | (22,592) |
| Other common stock issuances | 247 | 2 | 1,538 | — | 1,540 | — | 1,272 | 2,812 |
| Other, net | (35) | — | (5) | 1 | (4) | (1) | — | (5) |
| Balances at June 30, 2023 | 143,734 | 1,438 | 483,258 | 37,486 | 522,182 | 48,472 | 28,105 | 598,759 |
| Balances at December 31, 2023 | 140,576 | 1,406 | 464,538 | (116,292) | 349,652 | 51,265 | 19,061 | 419,978 |
| Net income (loss) | — | — | — | (70,712) | (70,712) | (827) | (3,918) | (75,457) |
| Redemption of OP Units held by third parties and reallocation of noncontrolling interests in Aimco OP | — | — | 666 | — | 666 | — | (1,066) | (400) |
| Share-based compensation expense | — | — | 3,834 | — | 3,834 | — | 12 | 3,846 |
| Contributions from noncontrolling interests in consolidated real estate partnerships | — | — | — | — | — | 679 | — | 679 |
| Distributions to noncontrolling interests in consolidated real estate partnerships | — | — | — | — | — | (837) | — | (837) |
| Common stock repurchased | (3,917) | (39) | (30,948) | — | (30,987) | — | — | (30,987) |
| Other common stock issuances, net of withholding taxes | 508 | 5 | 1,015 | — | 1,020 | — | — | 1,020 |
| Other, net | — | — | 63 | — | 63 | — | — | 63 |
| Balances at June 30, 2024 | 137,167 | $1,372 | $439,168 | $(187,004) | $253,536 | $50,280 | $14,089 | $317,905 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.