XML 28 R2.htm IDEA: XBRL DOCUMENT v3.20.1
Balance Sheet - USD ($)
Mar. 31, 2020
Dec. 31, 2019
Current Assets:    
Cash $ 1,317,235 $ 1,331,120
Real Estate Investments:    
Land 2,866,197 2,866,197
Buildings 7,775,160 7,775,160
Acquired Intangible Lease Assets 808,152 808,152
Real Estate Held for Investment, at cost 11,449,509 11,449,509
Accumulated Depreciation and Amortization (3,330,238) (3,233,760)
Real Estate Held for Investment, Net 8,119,271 8,215,749
Total Assets 9,436,506 9,546,869
Current Liabilities:    
Payable to AEI Fund Management, Inc. 55,389 68,108
Distributions Payable 94,433 94,433
Unearned Rent 0 420
Total Current Liabilities 149,822 162,961
Long-term Liabilities:    
Acquired Below-Market Lease Intangibles, Net 162,695 170,091
Members’ Equity (Deficit):    
Managing Members (83,092) (80,397)
Limited Members – 10,000,000 Units authorized; 1,738,006 Units issued and outstanding as of 3/31/2020 and 12/31/2019 9,207,081 9,294,214
Total Members’ Equity 9,123,989 9,213,817
Total Liabilities and Members’ Equity $ 9,436,506 $ 9,546,869