UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
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| Date of Report (Date of earliest
event reported) December 28, 2005 |
APARTMENT INVESTMENT AND MANAGEMENT COMPANY
(Exact name of registrant as specified in its charter)
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| MARYLAND
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1-13232
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84-1259577 |
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(Commission
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(I.R.S. Employer |
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File Number)
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Identification No.) |
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4582 SOUTH ULSTER STREET PARKWAY
SUITE 1100, DENVER, CO 80237
(Address of principal executive offices) (Zip Code)
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| Registrant’s telephone number, including area code
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(303) 757-8101 |
NOT APPLICABLE
(Former name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the
filing obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
TABLE OF CONTENTS
ITEM 8.01. Other Events
Apartment Investment and Management Company (the “Company”) is re-issuing, in an updated
format, its historical financial statements for the fiscal years ended December 31, 2004, 2003, and
2002, in connection with the requirements of Statement of Financial Accounting Standards No. 144,
“Accounting for the Impairment or Disposal of Long-Lived Assets” (“SFAS No. 144”). The provisions
of SFAS No. 144 require, among other things, that the primary assets and liabilities and the
results of operations of the Company’s consolidated properties that were sold subsequent to January
1, 2002, or were classified as held for sale subsequent to January 1, 2002, be reported as
discontinued operations and segregated in the Company’s Consolidated Statements of Operations and
Balance Sheets. In compliance with SFAS No. 144, the results of operations of the Company’s
consolidated properties that were sold or classified as held for sale during the first nine months
of 2005 were reported as discontinued operations for each period presented in the Company’s
Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2005. Under SEC
requirements, the same reclassification as discontinued operations as prescribed by SFAS No. 144 is
required for all previously issued annual financial statements for each of the three years shown in
the Company’s last Annual Report on Form 10-K, if those financials are incorporated by reference in
subsequent filings with the SEC made under the Securities Act of
1933, as amended, even though those financial
statements relate to periods prior to the date of the reclassification. This reclassification has
no effect on the Company’s reported net income available to common stockholders or funds from
operations.
This Current Report on Form 8-K updates Items 6, 7, and 8 of the Company’s Annual Report on
Form 10-K for the year ended December 31, 2004 (the “Form 10-K”), to reflect the primary assets and
liabilities and the results of operations of the Company’s consolidated properties that were sold
prior to September 30, 2005 or were classified as held for sale at September 30, 2005, as
discontinued operations. The updated financial information is attached to this Current Report on
Form 8-K as Exhibit 99.1. All other items of the Company’s Form 10-K remain unchanged.
ITEM 9.01. Financial Statements and Exhibits.
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Exhibits |
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The following exhibits are filed with this report: |
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Description |
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23.1
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Consent of Independent Registered Public Accounting Firm |
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99.1
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Form 10-K, Item 6. Selected Financial Data
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Form 10-K, Item 7. Management’s Discussion and Analysis of Financial Condition
and Results of Operations |
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Form 10-K, Item 8. Financial Statements and Supplementary Data |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the
Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly
authorized.
Dated: December 28, 2005
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APARTMENT INVESTMENT AND MANAGEMENT COMPANY |
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/s/ Thomas M. Herzog |
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Thomas M. Herzog
Executive Vice President and Chief Financial
Officer |
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/s/ Robert Y. Walker IV |
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Robert Y. Walker IV
Senior Vice President and Chief Accounting
Officer |