Apartment Investment and Management Company (AIV) financial statements (2021 and earlier)

Company profile

Business Address 4582 SOUTH ULSTER STREET
DENVER, CO 80237
State of Incorp. MD
Fiscal Year End December 31
SIC 6798 - Real Estate Investment Trusts (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments290143 77615129
Cash and cash equivalents290143 77615129
Receivables(1)      
Deposits current assets    1  
Total current assets:288143 77635129
Noncurrent Assets
Operating lease, right-of-use asset 62
Property, plant and equipment5051,869  1,8591,8611,886
Long-term investments and receivables 280  151516
Long-term investments 280  151516
Intangible assets, net (including goodwill), including:(10)383838414549
Goodwill 383838394445
Intangible assets, net (excluding goodwill)(10)      
Other undisclosed intangible assets, net (including goodwill)    124
Total noncurrent assets:4952,24938381,9141,9221,951
Other undisclosed assets1,0574,4376,1525,9644,2564,1714,117
TOTAL ASSETS:1,8406,8296,1906,0796,2336,1446,097
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Liabilities, other than long-term debt132      
Deferred income tax liabilities132 
Total noncurrent liabilities:132      
Other undisclosed liabilities1,1464,8664,3254,3224,1854,2924,567
Total liabilities:1,2774,8664,3254,3224,1854,2924,567
Temporary equity, carrying amount41021011021038888
Stockholders' equity
Stockholders' equity attributable to parent, including:5001,7811,6991,6631,7941,6221,228
Preferred stock  125125125159186
Common stock1112221
Additional paid in capital5153,4973,5163,9004,0524,0653,696
Accumulated other comprehensive income (loss)(17)4541(6)(6)
Other undisclosed stockholders' equity attributable to parent (1,722)(1,948)(2,367)(2,385)(2,597)(2,650)
Stockholders' equity attributable to noncontrolling interest278064(7)151142214
Other undisclosed stockholders' equity32      
Total stockholders' equity:5591,8611,7641,6561,9451,7641,442
TOTAL LIABILITIES AND EQUITY:1,8406,8296,1906,0796,2336,1446,097

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues1519149721,005996981984
Operating lease, lease income151912
Cost of revenue
(Cost of Goods and Services Sold)
    (4)(6)(381)
Gross profit:1519149721,005992975604
Operating expenses(166)(758)(757)(811)(749)(725)(722)
Other undisclosed operating income    46381
Operating income (loss):(14)157216194247256262
Nonoperating income 1111161476
Investment income, nonoperating 11118877
Other nonoperating income (expense)  0860(1)
Interest and debt expense(28)(169)(201)(195)(196)(200)(221)
Income (loss) from continuing operations before equity method investments, income taxes:(42)(1)2615646447
Income from equity method investments282     
Other undisclosed income (loss) from continuing operations before income taxes(2)504677    
Income (loss) from continuing operations before income taxes:(16)50570415646447
Income tax benefit1031332252820
Income (loss) before gain (loss) on sale of properties:(6)50871748899167
Gain on sale of properties, net of applicable income taxes   300394181289
Net income (loss):(6)508717347483272356
Net income (loss) attributable to noncontrolling interest0(34)(50)(31)(53)(23)(47)
Other undisclosed net income attributable to parent1      
Net income (loss) attributable to parent:(5)474666316430249309
Preferred stock dividends and other adjustments (7)(9)(9)(12)(12)(8)
Other undisclosed net loss available to common stockholders, basic (1)(1)(0)(1)(1)(1)
Net income (loss) available to common stockholders, diluted:(5)466657307418236300

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):(6)508717347483272356
Other comprehensive income (loss) (1)1381(2)
Comprehensive income (loss):(6)507718350491273354
Comprehensive income (loss), net of tax, attributable to noncontrolling interest0(34)(50)(32)(53)(23)(47)
Comprehensive income (loss), net of tax, attributable to parent:(6)473667318437249307

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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