v2.4.0.8

Statements of Operations (USD $)	3 Months Ended		9 Months Ended
Statements of Operations (USD $)	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Equity in Income (Loss) of Joint Ventures	$ 126,408	$ 269,678	$ (38,346)	$ 835,588
General and Administrative Expenses	40,276	77,352	166,787	193,773
Interest and Other Income	2,659	0	2,659	0
Gain on Sale of Interests in Joint Ventures	421,374	0	421,374	0
Net Income	510,165	192,326	218,900	641,815
Cash Preferred Limited Partners
Net Income			(200,449)
Net Income (Loss) Allocated to:
Net Income (Loss) Allocated to Limited Partners	87,903	190,403	(200,449)	635,397
Net Income (Loss) per Weighted-Average Limited Partner Unit:
Net Income (Loss) per Weighted-Average Limited Partnership Unit (in dollars per unit)	0.03	0.06	(0.07)	0.21
Weighted-Average Limited Partner Units Outstanding:
Weighted-Average Limited Partner Units Outstanding (in units)	3,044,188	3,044,188	3,044,188	3,044,188
Tax Preferred Limited Partners
Net Income			421,374
Net Income (Loss) Allocated to:
Net Income (Loss) Allocated to Limited Partners	421,374	0	421,374	0
Net Income (Loss) per Weighted-Average Limited Partner Unit:
Net Income (Loss) per Weighted-Average Limited Partnership Unit (in dollars per unit)	0.82	0.00	0.82	0.00
Weighted-Average Limited Partner Units Outstanding:
Weighted-Average Limited Partner Units Outstanding (in units)	516,931	516,931	516,931	516,931
General Partners
Net Income			(2,025)
Net Income (Loss) Allocated to:
General Partners	$ 888	$ 1,923	$ (2,025)	$ 6,418

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WELLS REAL ESTATE FUND XII LP 10-Q