UPLOAD Filing
APARTMENT INVESTMENT & MANAGEMENT CO
Date: May 27, 2025 · CIK: 0000922864 · Accession: 0000000000-25-005553
AI Filing Summary & Sentiment
Reasoning
File numbers found in text: 001-13232
Letter
May 27, 2025 H. Lynn C. Stanfield Chief Financial Officer Apartment Investment and Management Company 4582 South Ulster Street, Suite 1450 Denver, CO 80237 Re:Apartment Investment and Management Company Form 10-K for the year ended December 31, 2024 Form 8-K filed February 24, 2025 File No. 001-13232 Dear H. Lynn C. Stanfield: We have limited our review of your filings to the financial statements and related disclosures and have the following comments. Please respond to this letter within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe a comment applies to your facts and circumstances, please tell us why in your response. After reviewing your response to this letter, we may have additional comments. Form 10-K for the year ended December 31, 2024 Note 14 - Business Segments, page F-42 1.Please tell us how you have complied with ASC 280-10-50-26A in reporting significant expense categories regularly reported to your CODM. Form 8-K filed February 24, 2025 Exhibits 2.We note that throughout your earnings release and supplemental schedules filed as Exhibit 99.1, you include disclosures related to the non-GAAP measures net operating income and property net operating income. In future filings please include a reconciliation of these measures to the most directly comparable GAAP measure. In closing, we remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff.
May 27, 2025 Page 2 Please contact William Demarest at 202-551-3432 or Kristina Marrone at 202-551- 3429 with any questions. Sincerely, Division of Corporation Finance Office of Real Estate & Construction
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May 27, 2025
H. Lynn C. Stanfield
Chief Financial Officer
Apartment Investment and Management Company
4582 South Ulster Street, Suite 1450
Denver, CO 80237
Re:Apartment Investment and Management Company
Form 10-K for the year ended December 31, 2024
Form 8-K filed February 24, 2025
File No. 001-13232
Dear H. Lynn C. Stanfield:
We have limited our review of your filings to the financial statements and related
disclosures and have the following comments.
Please respond to this letter within ten business days by providing the requested
information or advise us as soon as possible when you will respond. If you do not believe a
comment applies to your facts and circumstances, please tell us why in your response.
After reviewing your response to this letter, we may have additional comments.
Form 10-K for the year ended December 31, 2024
Note 14 - Business Segments, page F-42
1.Please tell us how you have complied with ASC 280-10-50-26A in reporting
significant expense categories regularly reported to your CODM.
Form 8-K filed February 24, 2025
Exhibits
2.We note that throughout your earnings release and supplemental schedules filed as
Exhibit 99.1, you include disclosures related to the non-GAAP measures net operating
income and property net operating income. In future filings please include a
reconciliation of these measures to the most directly comparable GAAP measure.
In closing, we remind you that the company and its management are responsible for
the accuracy and adequacy of their disclosures, notwithstanding any review, comments,
action or absence of action by the staff.
May 27, 2025
Page 2
Please contact William Demarest at 202-551-3432 or Kristina Marrone at 202-551-
3429 with any questions.
Sincerely,
Division of Corporation Finance
Office of Real Estate & Construction