WELLS REAL ESTATE FUND X L P
CIK:0001018215|SEC Filings
Statements of Cash Flows (USD $) | 9 Months Ended | |
|---|---|---|
Sep. 30, 2011 | Sep. 30, 2010 | |
| Cash Flows from Operating Activities: | ||
| Net Income (Loss) | $ 518,971 | $ (841,384) |
| Operating distributions received from joint ventures | 7,138 | 40,141 |
| Adjustments to reconcile net income (loss) to net cash used in operating activities: | ||
| Equity in (income) loss of joint ventures | (634,972) | 706,764 |
| Changes in assets and liabilities: | ||
| Increase in other assets | (2,444) | 0 |
| Decrease in accounts payable and accrued expenses | (5,453) | (3,108) |
| Decrease in due to affiliates | (1,206) | (1,982) |
| Net cash used in operating activities | (117,966) | (99,569) |
| Cash Flows from Investing Activities: | ||
| Net sale proceeds received from joint ventures | 4,668,804 | 0 |
| Investment in joint ventures | (337,771) | (105,906) |
| Net cash provided by (used in) investing activities | 4,331,033 | (105,906) |
| Net Increase (Decrease) in Cash and Cash Equivalents | 4,213,067 | (205,475) |
| Cash and Cash Equivalents, beginning of period | 2,208,905 | 825,948 |
| Cash and Cash Equivalents, end of period | $ 6,421,972 | $ 620,473 |
Balance Sheets (USD $) | Sep. 30, 2011 | Dec. 31, 2010 |
|---|---|---|
| Assets: | ||
| Investment in joint ventures | $ 12,409 | $ 3,715,608 |
| Cash and cash equivalents | 6,421,972 | 2,208,905 |
| Other assets | 2,444 | 0 |
| Total assets | 6,436,825 | 5,924,513 |
| Liabilities: | ||
| Accounts payable and accrued expenses | 4,612 | 10,065 |
| Due to affiliates | 6,716 | 7,922 |
| Total liabilities | 11,328 | 17,987 |
| Commitments and Contingencies | ||
| Partners' Capital: | ||
| Total partners’ capital | 6,425,497 | 5,906,526 |
| Total liabilities and partners’ capital | 6,436,825 | 5,924,513 |
ClassA Limited Partners [Member] | ||
| Partners' Capital: | ||
| Limited Partners | 5,680,194 | 5,659,587 |
| Total partners’ capital | 5,680,194 | 5,659,587 |
Class B Limited Partners [Member] | ||
| Partners' Capital: | ||
| Limited Partners | 745,303 | 246,939 |
| Total partners’ capital | 745,303 | 246,939 |
General Partner [Member] | ||
| Partners' Capital: | ||
| General Partners | 0 | 0 |
| Total partners’ capital | $ 0 | $ 0 |