10-Q quarterly report · filed Nov 1, 2017

Apartment Investment & Management Co (AIV) Q3 2017 10-Q Quarterly Report

Short answer

Apartment Investment & Management Co (AIV) filed its Q3 2017 10-Q quarterly report on Nov 1, 2017 for the quarter ended Sep 30, 2017.

Apartment Investment & Management Co Q3 2017 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Quarterly revenue $230.0M, up 9.1% YoY from $210.8M
  • Net income attributable to Aimco $17.4M, up from $11.2M; diluted EPS $0.11 vs $0.07
  • Best segment: Outside Same Store NOI $52.7M, up 30.3%; Same Store NOI $105.9M, up 4.5%
  • Operating cash flow $285.0M through nine months, up $8.6M; redevelopment investment $33.3M
  • Leverage above target after Palazzo reacquisition; planned property sales to reach $3.8B target, 2017 redevelopment spending guidance $150M to $170M

Risk Factors

  • No material changes from December 31, 2016 Form 10-K risk factors
  • Carried-forward risks: property operations, competition, and real estate market conditions
  • Carried-forward risks: regulatory compliance and litigation exposure
  • Carried-forward risks: leverage, liquidity, and refinancing requirements

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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