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Balance Sheet - USD ($)
Sep. 30, 2020
Dec. 31, 2019
Current Assets:    
Cash $ 806,445 $ 3,756,509
Rent Receivable 89,815 0
Total Current Assets 896,260 3,756,509
Real Estate Investments:    
Land 7,101,677 6,376,366
Buildings 18,865,979 16,519,294
Acquired Intangible Lease Assets 2,712,159 2,217,140
Real Estate Held for Investment, at cost 28,679,815 25,112,800
Accumulated Depreciation and Amortization (8,630,105) (7,934,356)
Real Estate Held for Investment, Net 20,049,710 17,178,444
Real Estate Held for Sale 0 516,474
Total Real Estate Investments 20,049,710 17,694,918
Long-Term Rent Receivable 44,908 0
Total Assets 20,990,878 21,451,427
Current Liabilities:    
Payable to AEI Fund Management, Inc. 126,815 132,049
Distributions Payable 416,395 414,435
Unearned Rent 44,106 18,333
Total Current Liabilities 587,316 564,817
Long-term Liabilities:    
Acquired Below-Market Lease Intangibles, Net 22,524 32,661
Members’ Equity (Deficit):    
Managing Members 496 (96,493)
Limited Members – 50,000 Units authorized; 38,962 Units issued and outstanding as of 9/30/2020 and 12/31/2019 20,380,542 20,950,442
Total Members’ Equity 20,381,038 20,853,949
Total Liabilities and Members’ Equity $ 20,990,878 $ 21,451,427