AEI NET LEASE INCOME & GROWTH FUND XIX LIMITED PARTNERSHIP
CIK:0000868740|SEC Filings
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Statement of Income (USD $)
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3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
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Sep. 30, 2014
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Sep. 30, 2013
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Sep. 30, 2014
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Sep. 30, 2013
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|
| Rental Income | $ 28,565 | $ 28,565 | $ 85,694 | $ 85,694 |
| Expenses: | ||||
| Partnership Administration – Affiliates | 23,413 | 17,186 | 63,215 | 54,738 |
| Partnership Administration and Property Management – Unrelated Parties | 8,161 | 3,300 | 23,333 | 18,584 |
| Depreciation | 9,388 | 9,388 | 28,164 | 28,164 |
| Real Estate Impairment | 148,893 | 0 | 148,893 | 0 |
| Total Expenses | 189,855 | 29,874 | 263,605 | 101,486 |
| Operating Loss | (161,290) | (1,309) | (177,911) | (15,792) |
| Other Income: | ||||
| Interest Income | 402 | 410 | 1,037 | 1,324 |
| Loss from Continuing Operations | (160,888) | (899) | (176,874) | (14,468) |
| Income from Discontinued Operations | 31,312 | 5,683 | 26,370 | 39,341 |
| Net income | (129,576) | 4,784 | (150,504) | 24,873 |
| Net Income (Loss) Allocated: | ||||
| General Partners | 1,045 | 48 | 626 | 249 |
| Limited Partners | $ (130,621) | $ 4,736 | $ (151,130) | $ 24,624 |
| Income (Loss) per Limited Partnership Unit: | ||||
| Continuing Operations (in Dollars per share) | $ (7.82) | $ (0.04) | $ (8.60) | $ (0.71) |
| Discontinued Operations (in Dollars per share) | $ 1.34 | $ 0.27 | $ 1.11 | $ 1.93 |
| Total – Basic and Diluted (in Dollars per share) | $ (6.48) | $ 0.23 | $ (7.49) | $ 1.22 |
| Weighted Average Units Outstanding – Basic and Diluted (in Shares) | 20,166 | 20,166 | 20,166 | 20,166 |
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Statement of Cash Flows (USD $)
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9 Months Ended | |
|---|---|---|
|
Sep. 30, 2014
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Sep. 30, 2013
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| Cash Flows from Operating Activities: | ||
| Net Income (Loss) | $ (150,504) | $ 24,873 |
| Adjustments to Reconcile Net Income To Net Cash Provided by Operating Activities: | ||
| Depreciation | 28,164 | 28,164 |
| Real Estate Impairment | 148,893 | 0 |
| Gain on Sale of Real Estate | 36,249 | 0 |
| Increase (Decrease) in Payable to AEI Fund Management, Inc. | 9,918 | 7,974 |
| Increase (Decrease) in Unearned Rent | 9,268 | 9,267 |
| Total Adjustments | 159,994 | 45,405 |
| Net Cash Provided By Operating Activities | 9,490 | 70,278 |
| Cash Flows from Investing Activities: | ||
| Proceeds from Sale of Real Estate | 448,249 | 0 |
| Cash Flows from Financing Activities: | ||
| Distributions Paid to Partners | 137,077 | 195,441 |
| Net Increase (Decrease) in Cash | 320,662 | (125,163) |
| Cash, beginning of period | 494,982 | 684,674 |
| Cash, end of period | $ 815,644 | $ 559,511 |
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Balance Sheet (USD $)
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Sep. 30, 2014
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Dec. 31, 2013
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|---|---|---|
| Current Assets: | ||
| Cash | $ 815,644 | $ 494,982 |
| Real Estate Held for Investment: | ||
| Land | 15,314 | 501,902 |
| Buildings and Equipment | 13,104 | 1,126,519 |
| Accumulated Depreciation | 9,302 | 301,248 |
| Real Estate Held for Investment, Net | 19,116 | 1,327,173 |
| Real Estate Held for Sale | 1,131,000 | 412,000 |
| Total Real Estate | 1,150,116 | 1,739,173 |
| Total Assets | 1,965,760 | 2,234,155 |
| Current Liabilities: | ||
| Payable to AEI Fund Management, Inc. | 20,703 | 10,785 |
| Distributions Payable | 37,072 | 62,933 |
| Unearned Rent | 9,268 | 0 |
| Total Current Liabilities | 67,043 | 73,718 |
| Partners’ Capital: | ||
| General Partners | 322 | 807 |
| Limited Partners – 30,000 Units authorized; 20,166 Units issued and outstanding | 1,898,395 | 2,159,630 |
| Total Partners' Capital | 1,898,717 | 2,160,437 |
| Total Liabilities and Partners' Capital | 1,965,760 | 2,234,155 |
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Limited Partner [Member]
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| Partners’ Capital: | ||
| Total Partners' Capital | $ 1,898,395 | $ 2,159,630 |