AEI Income & Growth Fund XXII Limited Partnership reported its financial results for the first quarter of 2026, revealing a rental income of $96,729, a decrease from $111,056 in the same period of 2025. The decline in rental income is attributed to the sale of one property in July 2025, although this was partially offset by rent increases on two properties that took effect in mid-2025. The partnership incurred total expenses of $102,204, down from $118,157 in the prior year, leading to an operating loss of $5,475 compared to a loss of $7,101 in the first quarter of 2025. The net loss for the quarter was $3,559, or $(0.32) per limited partnership unit, compared to a net loss of $1,727, or $(0.15) per unit, in the previous year.
The partnership's total assets as of March 31, 2026, were reported at $5,083,279, a decrease from $5,180,225 at the end of 2025. This decline was primarily due to a reduction in cash and a slight increase in accumulated depreciation. Current liabilities also decreased to $122,804 from $148,932, reflecting a reduction in distributions payable and unearned rent. Partners' capital stood at $4,960,475, down from $5,031,293 at the end of the previous fiscal year, with 11,028.65 units issued and outstanding.
Operationally, the partnership's cash balance decreased by $33,823 during the quarter, compared to a decrease of $22,743 in the same period last year. The net cash provided by operating activities fell significantly from $46,477 in 2025 to just $993 in 2026, primarily due to timing differences in tenant payments and a decrease in rental and interest income. The partnership declared distributions of $67,259 for the quarter, slightly lower than the $69,220 declared in the first quarter of 2025, with limited partners receiving $65,241 and the general partner receiving $2,018.
Looking ahead, the partnership anticipates recognizing approximately $389,000 in rental income for the full year 2026 based on scheduled rents for properties owned as of April 30, 2026. Management noted that while inflation has not significantly impacted income from operations, it could affect tenants' ability to pay rent, thereby influencing net cash flow available for distributions. The partnership is currently in the final liquidation process, which may affect future operational strategies and financial performance.
About AEI INCOME & GROWTH FUND XXII LTD PARTNERSHIP
About 10-Q Filings
A 10-Q form is an important financial report that public companies in the United States must submit every three months. It gives a clear picture of a company's financial health and recent performance.
Key points about the 10-Q:
- Frequency: Companies file it three times a year, covering the first three quarters. The fourth quarter is covered in a more comprehensive annual report.
-
Content: It includes:
- Financial statements showing the company's current financial position
- Updates from management on the performance and projections of the business
- Information about potential risks the company faces
- Details on how the company is run internally
- Deadline: Must be filed within 40 or 45 days after the quarter ends, depending on the size of the company.
Our Methodology
AssetRoom is committed to providing timely summaries of news from public companies. We use AI to generate these summaries quickly, but they are not reviewed by human experts.
Our method:
- Data Collection: We continuously monitor for new filings (currently limited to US-listed stocks).
- AI-Powered Analysis: Our advanced AI system processes each filing, identifying key information and extracting relevant data.
- Summary Generation: The AI creates a concise, easy-to-understand summary of the filing, highlighting the most important points.
- Publication: The summary is immediately published on our platform, allowing users instant access to the latest information.
- Email users: We distribute round-up emails according to our users preferences, keeping them in the loop with the companies they follow.
Feedback & Corrections
Spot an error or have a suggestion? Contact us.