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Balance Sheet - USD ($)
Sep. 30, 2019
Dec. 31, 2018
Current Assets:    
Cash $ 671,470 $ 460,280
Receivables 3,037 0
Total Current Assets 674,507 460,280
Real Estate Investments:    
Land 3,311,673 3,666,185
Buildings 8,714,701 8,697,341
Acquired Intangible Lease Assets 808,152 706,318
Real Estate Held for Investment, at cost 12,834,526 13,069,844
Accumulated Depreciation and Amortization (3,861,072) (3,560,175)
Real Estate Held for Investment, Net 8,973,454 9,509,669
Real Estate Held for Sale 0 805,570
Total Real Estate Investments 8,973,454 10,315,239
Total Assets 9,647,961 10,775,519
Current Liabilities:    
Payable to AEI Fund Management, Inc. 90,381 45,278
Distributions Payable 94,290 170,104
Total Current Liabilities 184,671 215,382
Long-term Liabilities:    
Acquired Below-Market Lease Intangibles, Net 177,487 199,675
Members’ Equity (Deficit):    
Managing Members (78,238) (45,998)
Limited Members – 10,000,000 Units authorized; 1,738,006 Units issued and outstanding as of 9/30/2019 and 12/31/2018 9,364,041 10,406,460
Total Members’ Equity 9,285,803 10,360,462
Total Liabilities and Members’ Equity $ 9,647,961 $ 10,775,519