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Balance Sheet (USD $)
Sep. 30, 2012
Dec. 31, 2011
Current Assets:    
Cash $ 1,709,620 $ 1,325,472
Receivables 3,094 11,138
Note Receivable 54,510 0
Total Current Assets 1,767,224 1,336,610
Real Estate Held for Investment:    
Land 5,847,352 5,241,352
Buildings and Equipment 11,487,561 10,849,854
Acquired Intangible Lease Assets 646,934 0
Real Estate Investments, at cost 17,981,847 16,091,206
Accumulated Depreciation and Amortization (2,287,245) (1,983,515)
Real Estate Held for Investment, Net 15,694,602 14,107,691
Real Estate Held for Sale 173,371 1,705,235
Total Real Estate 15,867,973 15,812,926
Note Receivable – Net of Current Portion 1,290,224 1,361,730
Total Assets 18,925,421 18,511,266
Current Liabilities:    
Payable to AEI Fund Management, Inc. 112,884 35,716
Distributions Payable 491,098 309,280
Unearned Rent 0 39,106
Total Current Liabilities 603,982 384,102
Members’ Equity:    
Managing Members 9,654 2,619
Limited Members: 50,000 Units authorized; 24,831 Units issued; 24,417 Units outstanding 18,311,785 18,124,545
Total Members’ Equity 18,321,439 18,127,164
Total Liabilities and Members’ Equity $ 18,925,421 $ 18,511,266