v2.4.1.9

CONSOLIDATED BALANCE SHEETS (USD $)	Mar. 31, 2015	Dec. 31, 2014
ASSETS
Cash	$ 3,609,293	$ 2,643,155
Prepaid expenses and other assets	86,333us-gaap_PrepaidExpenseAndOtherAssets	112,328us-gaap_PrepaidExpenseAndOtherAssets
Deferred affiliated costs	666,324us-gaap_DeferredOfferingCosts	818,529us-gaap_DeferredOfferingCosts
Total current assets	4,361,950us-gaap_Assets	3,574,012us-gaap_Assets
CURRENT LIABILITIES:
Accounts payable and accrued expenses	483,120	393,476
Due to affiliate	882,971	1,673,195
Management fee payable	76,120us-gaap_ManagementFeePayable	23,860us-gaap_ManagementFeePayable
Distributions payable	42,436us-gaap_DividendsPayableCurrent	29,598us-gaap_DividendsPayableCurrent
Total current liabilities	1,484,647us-gaap_Liabilities	2,120,129us-gaap_Liabilities
Commitments and contingencies (Note 6)
General Partner Interest	(103,501)us-gaap_GeneralPartnersCapitalAccount	(103,501)us-gaap_GeneralPartnersCapitalAccount
Limited Partners, 418,919 and 290,414 Common Units issued and outstanding as of March 31, 2015 and December 31, 2014, respectively	2,980,804us-gaap_LimitedPartnersCapitalAccount	1,557,384us-gaap_LimitedPartnersCapitalAccount
Partners' equity	2,877,303us-gaap_PartnersCapital	1,453,883us-gaap_PartnersCapital
Total liabilities and partners' equity	$ 4,361,950	$ 3,574,012

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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AMERICAN ENERGY CAPITAL PARTNERS - ENERGY RECOVERY PROGRAM, LP 10-Q