Apartment investment & management co (AIV)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income

225,709

508,027

375,101

975,048

912,208

716,603

992,952

411,179

425,614

347,079

238,289

246,181

470,543

483,273

381,250

374,983

197,718

271,983

242,066

362,812

378,729

356,111

459,255

394,150

316,524

237,825

186,470

160,395

187,547

195,361

89,540

40,862

-20,240

-58,164

-83,803

-116,942

-100,141

-89,624

0

0

0

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization

387,082

380,171

374,374

373,242

378,803

377,786

383,787

379,894

371,564

366,184

356,546

348,881

340,406

333,066

324,838

317,227

311,697

306,301

298,284

290,484

286,733

282,608

281,465

284,068

286,501

291,910

293,813

300,926

314,257

325,173

317,112

318,147

315,898

323,233

317,264

336,050

352,193

363,261

0

0

0

Provision for real estate impairment loss

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,235

0

0

0

-

-

-

-

-

-

-

-

Loss (gain) on dispositions of real estate

211,661

503,168

354,654

979,741

915,741

677,463

979,706

353,240

354,438

300,849

163,811

178,542

393,575

400,156

287,345

272,847

101,087

180,593

156,627

282,956

304,837

288,636

262,483

136,154

69,492

0

0

0

0

-

-

-

-

2,403

10,378

8,166

10,399

10,631

0

0

0

Equity in (income) losses of unconsolidated real estate partnerships

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-12,089

-17,280

-16,836

-17,721

-19,745

-30,411

-33,909

-23,112

0

0

0

Income tax (benefit) expense

-9,349

-3,135

-2,352

26,951

24,471

-13,027

-28,575

-59,652

-60,368

-30,836

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

Other adjustments

19

-25

268

-5,201

-3,982

-1,065

-3,670

10,093

8,606

7,694

-4,857

-9,015

-3,874

6,071

-6,220

-485

641

387

14,692

10,152

9,271

-2,649

13,962

9,938

-425

2,723

-1,761

-435

17,713

17,478

0

0

0

-

0

0

0

-

0

0

0

Changes in operating assets and operating liabilities:
Net changes in operating assets and operating liabilities

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

Net cash provided by operating activities

370,271

374,472

372,210

380,801

396,682

396,388

399,849

400,192

399,791

392,072

395,194

377,242

376,152

376,501

377,903

379,352

369,193

359,891

346,479

334,449

331,274

321,424

310,862

296,849

331,505

325,596

322,653

337,821

317,247

316,827

324,735

315,643

279,611

258,819

243,712

241,745

258,402

257,500

0

0

0

CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of real estate and deposits related to purchases of real estate

138,808

138,311

161,552

80,722

79,883

242,297

221,024

217,501

180,027

20,372

14,483

292,799

293,449

290,729

315,192

34,302

130,922

169,447

293,785

411,324

311,971

284,041

133,027

45,828

63,265

51,291

50,716

29,417

50,607

89,716

0

0

0

-

-

-

-

-

-

-

-

Capital expenditures

402,757

393,461

380,089

352,861

350,434

340,489

344,630

345,832

351,554

358,104

353,945

357,003

349,220

346,645

348,928

360,135

375,014

367,180

367,685

357,975

344,824

367,324

352,436

369,394

378,516

350,338

356,955

316,147

279,880

270,210

270,313

255,954

226,530

200,372

166,569

161,755

170,108

178,929

0

0

0

Proceeds from dispositions of real estate

286,688

628,771

422,847

1,054,987

981,143

708,848

1,099,559

467,385

469,592

401,983

221,057

247,737

528,091

535,513

465,004

438,351

243,867

367,571

303,268

629,100

673,267

640,044

801,265

588,209

454,498

357,314

320,425

338,995

409,106

484,904

424,331

393,409

383,535

326,853

262,589

198,721

212,903

218,571

0

0

0

Purchases of corporate assets

0

-

-

-

0

-

-

-

7,036

8,899

8,426

9,120

8,586

7,540

8,512

7,738

6,262

6,665

6,699

7,701

8,847

8,479

8,650

9,870

10,633

10,863

9,715

8,090

7,295

7,818

9,953

-8,740

14,034

15,123

14,508

34,822

11,892

9,399

0

0

0

Proceeds from sales of and distributions from unconsolidated real estate partnerships

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

31,192

34,302

28,490

26,928

17,095

0

0

0

-

-

-

0

Changes in restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

19,321

289,962

-259

429

-62,999

-125,193

-57,372

-26,315

48,583

113,115

16,515

-3,003

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Originations of notes receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Proceeds from repayments on notes receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Net increase in cash from consolidation and deconsolidation of entities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Other investing activities

4,105

7,348

-647

1,101

-132

1,508

2,480

673

2,331

2,019

1,378

-562

-4,727

-9,842

-11,709

-12,026

-11,161

-5,253

-9,987

-13,850

-15,213

-7,163

-5,940

-5,129

-10,687

-20,951

6,273

11,823

17,069

13,799

1,801

-10,701

-13,516

-18,245

-41,937

-32,899

-26,542

-23,297

0

0

0

Net cash (used in) provided by investing activities

-555,831

-205,413

-133,281

613,058

545,878

121,846

528,026

-101,734

-70,926

13,019

-140,771

-123,370

-121,259

-99,147

-189,439

-241,760

-256,911

-170,897

-317,716

-8,857

80,210

13,678

480,026

270,648

92,672

65,192

-223,714

-125,764

45,064

111,667

94,960

44,694

34,548

40,494

26,606

-3,520

76,529

86,375

0

0

0

CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from non-recourse property debt

-

-

-

-

-

1,228,027

507,262

604,512

604,512

312,434

392,785

447,988

478,483

417,714

310,322

193,217

341,895

352,602

338,367

323,175

167,446

188,503

128,453

184,932

190,837

232,965

296,601

238,606

309,337

243,253

293,864

380,146

621,483

927,093

1,049,540

986,494

720,714

449,384

0

0

0

Principal repayments on non-recourse property debt

523,069

520,027

963,292

926,733

789,405

976,087

561,634

574,891

583,403

409,167

369,293

404,100

384,794

371,947

348,878

183,327

392,615

514,294

555,630

725,094

592,076

513,599

553,264

497,483

430,474

472,276

450,618

427,377

475,838

447,792

470,798

511,471

790,866

1,083,690

1,185,624

1,114,500

826,720

493,128

0

0

0

Net borrowings on (repayments of) revolving credit facility

523,845

114,640

0

74,790

-8,635

93,200

-356,220

-25,550

8,935

49,230

61,440

85,180

-36,380

-9,070

166,580

113,020

106,080

-85,330

113,750

-5,880

-110,060

61,930

-284,100

-133,650

60,860

50,400

232,350

187,050

-18,200

0

0

0

0

-

-

-

-

-

-

-

-

Repurchases of Common Stock

10,004

20,682

394,275

394,275

394,275

373,593

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from issuance of Common Stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

366,580

366,580

366,580

366,585

0

0

0

0

-

-

-

-

-

-

-

-

71,942

0

0

0

-

-

-

-

Principal repayments on tax-exempt bond financing

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Payments on term loans

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

90,000

0

0

0

Proceeds from issuance of preferred stock or units

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

-

-

-

-

-

-

-

-

Net borrowings on revolving credit facility

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Repurchases of Preferred Stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

27,000

27,000

27,016

27,016

9,516

9,516

9,500

9,500

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from Common Stock option exercises

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

993

994

984

48,036

48,907

48,906

48,906

1,854

1,806

0

0

0

-

-

-

-

Payment of dividends to holders of Preferred Stock

1,098

3,246

5,396

7,544

8,594

8,594

8,594

8,594

8,594

8,594

8,593

8,796

9,405

10,014

10,623

11,029

11,029

11,099

11,934

11,303

9,204

7,073

4,181

2,757

2,798

2,804

2,976

9,422

25,282

37,019

48,513

53,878

49,739

49,756

52,065

52,483

52,969

53,435

0

0

0

Payment of dividends to holders of Common Stock

234,999

241,288

241,886

243,566

245,257

237,504

235,327

232,004

228,701

225,377

220,605

215,890

211,084

206,279

201,475

196,659

191,847

184,082

175,282

166,471

157,790

152,002

149,007

146,042

143,026

140,052

134,157

128,247

117,196

104,006

89,390

74,779

65,150

57,583

54,777

51,972

49,319

46,729

0

0

0

Payment of distributions to noncontrolling interests

21,361

21,620

-2,650

-2,482

-2,622

3,579

320,989

320,091

320,381

314,269

22,509

34,984

35,073

35,706

40,401

30,013

57,621

57,401

53,029

57,151

31,539

49,972

72,900

73,360

72,700

63,766

53,799

53,404

57,826

57,849

55,289

63,398

62,596

58,413

50,365

47,907

54,061

54,557

0

0

0

Redemptions of noncontrolling interests in the Aimco Operating Partnership

9,625

10,694

6,281

6,313

5,416

9,885

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of noncontrolling interests in consolidated real estate partnerships

-

-

-

-

-

-

-

0

0

-

0

0

29,246

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

57,008

59,702

55,942

36,310

14,811

0

0

0

-

-

-

-

Other financing activities

-3,104

-2,437

-1,216

-5,411

2,523

5,233

1,816

-2,556

-1,617

-2,462

-3,002

6,606

2,825

844

-1,907

-5,914

-792

-2,635

2,661

-1,138

-7,115

4,474

8,346

-9,627

-11,767

-8,135

-11,758

-3,521

-13,253

-17,074

-28,490

-29,863

-16,598

-19,793

-21,039

-18,960

-19,742

-12,069

0

0

0

Net cash provided by (used in) financing activities

361,987

-63,952

-250,003

-1,066,892

-883,202

-588,180

-957,172

-292,899

-328,457

-393,700

-255,691

-262,672

-267,680

-283,949

-185,797

-129,202

-212,318

-167,176

-12,708

-312,583

-285,396

-361,882

-829,324

-580,594

-435,333

-419,450

-133,832

-478,098

-395,987

-435,147

-393,011

-132,697

-312,285

-319,572

-339,549

-231,219

-331,446

-313,810

0

0

0

NET INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH

176,427

105,107

-11,074

-73,033

59,358

-69,946

-29,297

5,559

408

11,391

-1,268

-8,800

-12,787

-6,595

2,667

8,390

-100,036

21,818

16,055

13,009

126,088

-26,780

-38,436

-13,097

-11,156

-28,662

-34,893

-266,041

-33,676

-6,653

26,684

227,640

1,874

-20,259

-69,231

7,006

3,485

30,065

0

0

0

Non-cash transactions associated with consolidation and deconsolidation of real estate partnerships:
AIMCO Properties, LP [Member]
Net income

225,709

508,027

375,101

975,048

912,208

716,603

992,952

411,179

425,614

347,079

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Depreciation and amortization

387,082

380,171

374,374

373,242

378,803

377,786

383,787

379,894

371,564

366,184

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain (loss) on dispositions of real estate and the Asset Management business, inclusive of related income tax

-

-

-

-

-

-

-

-

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss (gain) on dispositions of real estate

211,661

503,168

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income tax (benefit) expense

-9,349

-3,135

-2,352

26,951

24,471

-13,027

-28,575

-59,652

-60,368

-30,836

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other adjustments

19

-25

268

-5,201

-3,982

-1,065

-3,670

10,093

8,606

7,694

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net changes in operating assets and operating liabilities

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by operating activities

370,271

374,472

372,210

380,801

396,682

396,388

399,849

400,192

399,791

392,072

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of real estate and deposits related to purchases of real estate

0

-

0

0

0

-

0

0

180,027

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital expenditures

402,757

393,461

380,089

352,861

350,434

340,489

344,630

345,832

351,554

358,104

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from dispositions of real estate

286,688

628,771

422,847

1,054,987

981,143

708,848

1,099,559

467,385

469,592

401,983

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of corporate assets

0

-

-

-

0

-

-

-

7,036

8,899

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other investing activities

4,105

7,348

-647

1,101

-132

1,508

2,480

673

2,331

2,019

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash (used in) provided by investing activities

-555,831

-205,413

-133,281

613,058

545,878

121,846

528,026

-101,734

-70,926

13,019

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from non-recourse property debt

-

-

-

-

-

1,228,027

507,262

604,512

604,512

312,434

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Principal repayments on non-recourse property debt

523,069

520,027

963,292

926,733

789,405

976,087

561,634

574,891

583,403

409,167

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net borrowings on (repayments of) revolving credit facility

523,845

114,640

0

74,790

-8,635

93,200

-356,220

-25,550

8,935

49,230

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repurchases of Common Stock

10,004

20,682

394,275

394,275

394,275

373,593

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of distributions to General Partner and Special Limited Partner

234,999

241,288

241,886

243,566

245,257

237,504

235,327

232,004

228,701

225,377

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of distributions to Limited Partners

13,124

13,399

13,388

13,376

13,017

11,987

11,452

10,885

10,687

10,668

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of dividends to holders of Preferred Stock

8,741

10,954

13,131

15,280

16,331

16,334

16,337

16,341

16,346

16,358

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of distributions to noncontrolling interests

594

513

1,844

2,023

2,241

9,469

14,324

13,989

14,472

8,367

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Redemption of noncontrolling interests in the Aimco Operating Partnership

-

-

-

-

-

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Redemption of common and preferred units

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of noncontrolling interests in consolidated real estate partnerships

-

-

-

-

-

-

-

0

315,488

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other financing activities

-3,104

-2,437

-1,216

-5,413

2,523

5,233

1,815

9,556

3,011

-2,462

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) financing activities

361,987

-63,952

-250,003

-1,066,892

-883,202

-588,180

-957,172

-292,899

-328,457

-393,700

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

NET INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH

176,427

105,107

-11,074

-73,033

59,358

-69,946

-29,297

5,559

408

11,391

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-