XML 11 R2.htm IDEA: XBRL DOCUMENT v3.22.2.2
Balance Sheet - USD ($)
Sep. 30, 2022
Dec. 31, 2021
Current Assets:    
Cash $ 1,375,422 $ 2,790,915
Rent Receivable 0 1,613
Total Current Assets 1,375,422 2,792,528
Real Estate Investments:    
Land 808,408 2,559,432
Buildings 1,501,250 5,840,719
Acquired Intangible Lease Assets 162,678 575,175
Real Estate Held for Investment, at cost 2,472,336 8,975,326
Accumulated Depreciation and Amortization (823,390) (3,076,825)
Real Estate Held for Investment, Net 1,648,946 5,898,501
Real Estate Held for Sale 920,541 0
Total Real Estate Investments 2,569,487 5,898,501
Total Assets 3,944,909 8,691,029
Current Liabilities:    
Payable to AEI Fund Management, Inc. 63,024 38,903
Distributions Payable 59,175 2,113,089
Total Current Liabilities 122,199 2,151,992
Members’ Equity:    
Managing Members 20,806 0
Limited Members – 10,000,000 Units authorized; 1,670,110.33 and 1,678,443.20 Units issued and outstanding as of 9/30/2022 and 12/31/2021 3,801,904 6,539,037
Total Members’ Equity 3,822,710 6,539,037
Total Liabilities and Members’ Equity $ 3,944,909 $ 8,691,029