v2.4.0.8

Balance Sheets (USD $)	Jun. 30, 2013	Dec. 31, 2012
Assets:
Investment in joint ventures	$ 13,022,178	$ 13,713,800
Cash and cash equivalents	2,131,060	1,750,838
Due from joint ventures	386,127	378,631
Other assets	21,121	16,270
Total assets	15,560,486	15,859,539
Liabilities:
Accounts payable and accrued expenses	4,191	10,872
Due to affiliates	7,053	8,160
Total liabilities	11,244	19,032
Commitments and Contingencies
Partners' Capital:
Total partners’ capital	15,549,242	15,840,507
Total liabilities and partners’ capital	15,560,486	15,859,539
Cash Preferred Limited Partners
Partners' Capital:
Limited Partners	15,543,106	15,831,458
Total partners’ capital	15,543,106	15,831,458
Tax Preferred Limited Partners
Partners' Capital:
Limited Partners	0	0
Total partners’ capital	0	0
General Partners
Partners' Capital:
General Partners	6,136	9,049
Total partners’ capital	$ 6,136	$ 9,049

Sum of the carrying values as of the balance sheet date of obligations incurred through that date, including liabilities incurred and payable to vendors for goods and services received, taxes, interest, rent and utilities, compensation costs, payroll taxes and fringe benefits (other than pension and postretirement obligations), contractual rights and obligations, and statutory obligations.

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WELLS REAL ESTATE FUND XII LP 10-Q