XML 44 R2.htm IDEA: XBRL DOCUMENT v3.20.1
Balance Sheet - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Current Assets:    
Cash $ 3,000,960 $ 6,216,113
Receivables 0 50,689
Total Current Assets 3,000,960 6,266,802
Real Estate Investments:    
Land 5,964,702 2,853,052
Buildings 7,400,945 7,400,945
Acquired Intangible Lease Assets 1,458,807 959,720
Real Estate Held for Investment, at cost 14,824,454 11,213,717
Accumulated Depreciation and Amortization (2,797,120) (2,421,932)
Real Estate Held for Investment, Net 12,027,334 8,791,785
Real Estate Held for Sale 0 999,271
Total Real Estate Investments 12,027,334 9,791,056
Total Assets 15,028,294 16,057,858
Current Liabilities:    
Payable to AEI Fund Management, Inc. 33,872 66,190
Distributions Payable 277,779 1,494,952
Unearned Rent 17,873 31,347
Total Current Liabilities 329,524 1,592,489
Long-term Liabilities:    
Acquired Below-Market Lease Intangibles, Net 416,596 0
Partners’ Capital:    
General Partners 41,373 43,205
Limited Partners – 24,000 Units authorized; 19,051 and 19,765 Units issued and outstanding as of December 31, 2019 and 2018, respectively 14,240,801 14,422,164
Total Partners' Capital 14,282,174 14,465,369
Total Liabilities and Partners' Capital $ 15,028,294 $ 16,057,858