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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                    FORM 10-Q


[ X ] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
      SECURITIES EXCHANGE ACT OF 1934

                For the quarterly period ended September 30, 1996

                         Commission file number 0-14461


             INTEGRATED RESOURCES AMERICAN LEASING INVESTORS VII-A,
                        A California Limited Partnership
             (Exact name of registrant as specified in its charter)


       CALIFORNIA                                                13-3244529
(State or other jurisdiction of                               (I.R.S. Employer
incorporation or organization)                               Identification No.)

                   411 West Putnam Avenue, Greenwich, CT 06830
                    (Address of principal executive offices)

                                 (203) 862-7000
              (Registrant's telephone number, including area code)

                                      None
              (Former name, former address and former fiscal year,
                          if changed since last report)


Indicate by check whether the registrant  (1) has filed all reports  required to
be filed by Section 13 or 15(d) of the  Securities  Exchange  Act of 1934 during
the  preceding 12 months (or for such  shorter  period that the  registrant  was
required  to file  such  reports),  and  (2) has  been  subject  to such  filing
requirements for the past 90 days.

                    Yes    [ X ]          No [   ]

<PAGE>
                              INTEGRATED RESOURCES
                        AMERICAN LEASING INVESTORS VII-A,
                        A CALIFORNIA LIMITED PARTNERSHIP

                         FORM 10-Q - SEPTEMBER 30, 1996



                                      INDEX



PART I - FINANCIAL INFORMATION

    ITEM 1 - FINANCIAL STATEMENTS

        BALANCE SHEETS - September 30, 1996 and December 31, 1995

        STATEMENTS OF OPERATIONS - For the three months ended September 30, 1996
             and 1995 and the nine months ended September 30, 1996 and 1995

        STATEMENT OF PARTNERS' EQUITY - For the nine months ended
             September 30, 1996

        STATEMENTS OF CASH FLOWS - For the nine months ended
             September 30, 1996 and 1995

        NOTES TO FINANCIAL STATEMENTS

    ITEM 2 - MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL
              CONDITION AND RESULTS OF OPERATIONS


PART II - OTHER INFORMATION

    ITEM 6 - EXHIBITS AND REPORTS ON FORM 8-K

SIGNATURES
<PAGE>
PART I - FINANCIAL INFORMATION

ITEM 1 - FINANCIAL STATEMENTS
<TABLE>
<CAPTION>
                              INTEGRATED RESOURCES
                        AMERICAN LEASING INVESTORS VII-A,
                        A CALIFORNIA LIMITED PARTNERSHIP

                                 BALANCE SHEETS

                                                     September 30,  December 31,        
                                                         1996          1995           
                                                     -----------    -----------
<S>                                                  <C>            <C>        
ASSETS

     Cash and cash equivalents ...................   $ 2,921,373    $   177,089
     Leased equipment - net of accumulated
        depreciation of $1,884,745 and $5,392,575
        and allowance for equipment impairment
         of $245,821 and $1,699,977 ..............       296,749      2,078,535
     Accounts receivable .........................       119,381        333,283
     Other receivables ...........................        11,233          7,284
                                                     -----------    -----------

                                                     $ 3,348,736    $ 2,596,191
                                                     ===========    ===========

LIABILITIES AND PARTNERS' EQUITY

Liabilities
     Distributions payable .......................   $ 2,827,030    $   100,606
     Accounts payable and accrued expenses .......        22,429         47,987
     Due to affiliates ...........................         4,882          4,208
     Note payable ................................          --          231,176
                                                     -----------    -----------

        Total liabilities ........................     2,854,341        383,977
                                                     -----------    -----------

Commitments and contingencies

Partners' equity
     Limited partners' equity (19,920 units issued
        and outstanding) .........................       588,057      2,288,698
     General partners' deficit ...................       (93,662)       (76,484)
                                                     -----------    -----------

        Total partners' equity ...................       494,395      2,212,214
                                                     -----------    -----------

                                                     $ 3,348,736    $ 2,596,191
                                                     ===========    ===========
</TABLE>

See notes to financial statements.
<PAGE>
<TABLE>
<CAPTION>
                                                        INTEGRATED RESOURCES
                                                  AMERICAN LEASING INVESTORS VII-A,
                                                  A CALIFORNIA LIMITED PARTNERSHIP

                                                      STATEMENTS OF OPERATIONS


                                                                     For the three months ended          For the nine months ended
                                                                           September 30,                       September 30,
                                                                   -----------------------------       -----------------------------
                                                                      1996              1995              1996               1995
                                                                   -----------       -----------       -----------       -----------
<S>                                                                <C>               <C>               <C>               <C>        
Revenues
        Rental ..............................................      $    18,951       $   234,156       $   324,555       $   701,038
        Interest ............................................           34,800             3,085            41,573             8,369
                                                                   -----------       -----------       -----------       -----------

                                                                        53,751           237,241           366,128           709,407
                                                                   -----------       -----------       -----------       -----------
Costs and expenses
        Depreciation ........................................           66,371           144,498           339,183           433,493
        General and administrative ..........................           21,600            19,740            48,192            66,242
        Fees to affiliates ..................................            2,843            11,930            21,999            34,085
        Interest ............................................             --               3,489              --              20,857
        Provision for equipment impairment ..................             --             100,000              --             100,000
        Operating ...........................................             --                 500              --                 500
                                                                   -----------       -----------       -----------       -----------

                                                                        90,814           280,157           409,374           655,177
                                                                   -----------       -----------       -----------       -----------

                                                                       (37,063)          (42,916)          (43,246)           54,230

Gain on disposition of equipment ............................        1,450,746              --           1,464,336              --
                                                                   -----------       -----------       -----------       -----------

Net income (loss) ...........................................      $ 1,413,683       $   (42,916)      $ 1,421,090       $    54,230
                                                                   ===========       ===========       ===========       ===========

Net income (loss) attributable to
        Limited partners ....................................      $ 1,399,546       $   (42,487)      $ 1,406,879       $    53,688
        General partners ....................................           14,137              (429)           14,211               542
                                                                   -----------       -----------       -----------       -----------

                                                                   $ 1,413,683       $   (42,916)      $ 1,421,090       $    54,230
                                                                   ===========       ===========       ===========       ===========
Net income (loss) per unit of limited partnership
        interest (19,920 units outstanding) .................      $     70.25       $     (2.13)      $     70.63       $      2.70
                                                                   ===========       ===========       ===========       ===========
</TABLE>

See notes to financial statements.
<PAGE>
<TABLE>
<CAPTION>
                                                        INTEGRATED RESOURCES
                                                  AMERICAN LEASING INVESTORS VII-A,
                                                  A CALIFORNIA LIMITED PARTNERSHIP

                                                    STATEMENT OF PARTNERS' EQUITY




                                                                              Limited               General                 Total
                                                                             Partners'             Partners'              Partners'
                                                                              Equity                Deficit                Equity
                                                                            -----------           -----------           -----------
<S>                                                                         <C>                   <C>                   <C>        
Balance, January 1, 1996 .........................................          $ 2,288,698           $   (76,484)          $ 2,212,214

Net income for the nine months
      ended September 30, 1996 ...................................            1,406,879                14,211             1,421,090

Distributions to partners for the nine
      months ended September 30, 1996
      ($156.00 per limited partnership unit) .....................           (3,107,520)              (31,389)           (3,138,909)
                                                                            -----------           -----------           -----------

Balance, September 30, 1996 ......................................          $   588,057           $   (93,662)          $   494,395
                                                                            ===========           ===========           ===========

</TABLE>



See notes to financial statements.
<PAGE>
<TABLE>
<CAPTION>
                                  INTEGRATED RESOURCES
                            AMERICAN LEASING INVESTORS VII-A,
                            A CALIFORNIA LIMITED PARTNERSHIP

                                STATEMENTS OF CASH FLOWS

                                                              For the nine months ended
                                                                     September 30,
                                                             --------------------------
                                                                 1996          1995
                                                             -----------    -----------
<S>                                                          <C>            <C>        
 INCREASE (DECREASE) IN CASH AND
 CASH EQUIVALENTS

 Cash flows from operating activities
       Net income ........................................   $ 1,421,090    $    54,230
       Adjustments to reconcile net income to net
            cash provided by operating activities
                 Depreciation ............................       339,183        433,493
                 Provision for equipment impairment ......          --          100,000
                 Gain on disposition of equipment ........    (1,464,336)          --
       Changes in assets and liabilities
            Accounts receivable ..........................       213,902        123,611
            Other receivables ............................        (3,949)       (36,227)
            Accounts payable and accrued expenses ........       (25,558)       (17,482)
            Due to affiliates ............................           674            838
                                                             -----------    -----------

                 Net cash provided by operating activities       481,006        658,463
                                                             -----------    -----------
 Cash flows from investing activities
       Proceeds from disposition of equipment ............     2,906,939         15,475
       Other non-operating payments ......................          --             (500)
                                                             -----------    -----------

                 Net cash provided by investing activities     2,906,939         14,975
                                                             -----------    -----------
 Cash flows from financing activities
       Distributions to partners .........................      (412,485)      (241,455)
       Principal payments on notes payable ...............      (231,176)      (431,634)
                                                             -----------    -----------

                 Net cash used in financing activities ...      (643,661)      (673,089)
                                                             -----------    -----------

 Net increase in cash and cash equivalents ...............     2,744,284            349

 Cash and cash equivalents, beginning of period ..........       177,089        198,252
                                                             -----------    -----------

 Cash and cash equivalents, end of period ................   $ 2,921,373    $   198,601
                                                             ===========    ===========
 Supplemental disclosure of cash flow information
       Interest paid .....................................   $     7,712    $    37,379
                                                             ===========    ===========
</TABLE>
See notes to financial statements.
<PAGE>
                              INTEGRATED RESOURCES
                        AMERICAN LEASING INVESTORS VII-A,
                        A CALIFORNIA LIMITED PARTNERSHIP

                          NOTES TO FINANCIAL STATEMENTS


1        INTERIM FINANCIAL INFORMATION

         The summarized  financial  information  contained  herein is unaudited;
         however, in the opinion of management, all adjustments (consisting only
         of normal recurring accruals) necessary for a fair presentation of such
         financial  information have been included.  The accompanying  financial
         statements, footnotes and discussion should be read in conjunction with
         the financial  statements,  related footnotes and discussions contained
         in  the  Integrated  Resources  American  Leasing  Investors  VII-A,  a
         California  Limited  Partnership (the  "Partnership")  annual report on
         Form  10-K for the  year  ended  December  31,  1995.  The  results  of
         operations  for the  nine  months  ended  September  30,  1996  are not
         necessarily indicative of the results to be expected for the full year.

2        SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

         Leased equipment

         The  cost  of  leased  equipment  represents  the  initial  cost of the
         equipment to the Partnership plus miscellaneous acquisition and closing
         costs,  and  is  carried  at  the  lower  of  depreciated  cost  or net
         realizable value.

         Depreciation  is  computed  using the  straight-line  method,  over the
         estimated  useful lives of such assets (20 years for the seismic vessel
         and 13 years for transportation equipment).

         When  equipment  is  sold  or  otherwise  disposed  of,  the  cost  and
         accumulated  depreciation  (and any  related  allowance  for  equipment
         impairment)  are removed from the accounts and any gain or loss on such
         sale or disposal is reflected in  operations.  Normal  maintenance  and
         repairs are charged to operations as incurred. The Partnership provides
         allowances for equipment  impairment  based upon a quarterly  review of
         all equipment in its portfolio,  when management  believes that,  based
         upon market analysis,  appraisal  reports and leases currently in place
         with respect to specific  equipment,  the  investment in such equipment
         may not be recoverable.

3        CONFLICTS OF INTEREST AND TRANSACTIONS WITH RELATED PARTIES

         The corporate  general  partner of the  Partnership,  ALI Capital Corp.
         (the "Corporate General Partner"),  the managing general partner of the
         Partnership,  ALI Equipment Management Corp. ("Equipment  Management"),
         and Integrated  Resources  Equipment  Group,  Inc.  ("IREG") are wholly
         owned subsidiaries of Presidio Capital Corp.  ("Presidio").  Z Square G
         Partners  II was  the  associate  general  partner  of the  Partnership
         through February 27, 1995. On February 28, 1995,  Presidio Boram Corp.,
         a subsidiary of Presidio,  became the associate general partner.  Other
         limited  partnerships and similar investment  programs have been formed
         by Equipment  Management or its  affiliates to acquire  equipment  and,
<PAGE>
3        CONFLICTS OF INTEREST AND TRANSACTIONS WITH RELATED PARTIES (continued)

         accordingly,  conflicts of interest may arise  between the  Partnership
         and such other limited partnerships. Affiliates of Equipment Management
         have also engaged in businesses  related to the management of equipment
         and the sale of various  types of equipment  and may transact  business
         with the Partnership.

         Subject  to the  rights  of the  Limited  Partners  under  the  Limited
         Partnership  Agreement,  Presidio will control the Partnership  through
         its  direct  or  indirect  ownership  of all the  shares  of  Equipment
         Management, the Corporate General Partner and, as of February 28, 1995,
         the  associate  general  partner.   Presidio  is  managed  by  Presidio
         Management Company, LLC ("Presidio  Management"),  a company controlled
         by a director of Presidio.  Presidio is also party to an administrative
         services agreement with Wexford Management LLC ("Wexford")  pursuant to
         which Wexford is responsible for the day-to-day  management of Presidio
         and,  among other  things,  has  authority  to  designate  directors of
         Equipment  Management,  the Corporate General Partner and the associate
         general  partner.  During the nine months  ended  September  30,  1996,
         reimbursable  expenses  to  Wexford  by  the  Partnership  amounted  to
         $17,799.

         Presidio is a liquidating  company.  Although Presidio has no immediate
         plans to do so, it will  ultimately seek to dispose of the interests it
         acquired from  Integrated  Resources,  Inc.  including its interests in
         Equipment  Management,  the Corporate  General Partner and IREG through
         liquidation;  however,  there can be no assurance of the timing of such
         transaction or the effect it may have on the Partnership.

         The Partnership has a management agreement with IREG, pursuant to which
         IREG receives 5% of annual gross rental  revenues on operating  leases;
         2% of annual gross rental  revenues on full payout leases which contain
         net  lease  provisions;  and 1% of  annual  gross  rental  revenues  if
         services are performed by third parties under the active supervision of
         IREG, as defined in the Limited Partnership Agreement.  During the nine
         months ended  September  30, 1996 and 1995,  the  Partnership  incurred
         expenses  of $12,601 and  $23,186,  respectively,  for such  management
         services.

         During  the  operating  and  sale  stage  of the  Partnership,  IREG is
         entitled to a partnership  management fee equal to 4% of  distributions
         of  distributable  cash from  operations,  as  defined  in the  Limited
         Partnership  Agreement,  subject to increase after the limited partners
         have received certain  specified  minimum returns on their  investment.
         During  the  nine  months  ended  September  30,  1996  and  1995,  the
         Partnership incurred partnership management fees of $9,398 and $10,899,
         respectively.  Such amounts are included in fees to  affiliates  in the
         statements of operations.
<PAGE>
3        CONFLICTS OF INTEREST AND TRANSACTIONS WITH RELATED PARTIES (continued)


         The general  partners  are  entitled to 1% of  distributable  cash from
         operations  and cash from sales and an  allocation of 1% of taxable net
         income or loss of the Partnership.

         During the  operating  and sale stage of the  Partnership,  IREG may be
         entitled to receive  certain other fees which are  subordinated  to the
         receipt by the limited partners of their original  invested capital and
         certain specified minimum returns on their investment.

         Upon the ultimate liquidation of the Partnership,  the general partners
         may  be  required  to  remit  to  the  Partnership   certain   payments
         representing  capital account deficit  restoration based upon a formula
         provided within the Limited  Partnership  Agreement.  Such  restoration
         amount may be less than the recorded general partners'  deficit,  which
         could  result in  distributions  to the  limited  partners of less than
         their recorded equity.

         In April 1995, Equipment Management and certain affiliates entered into
         an agreement with Fieldstone Private Capital Group, L.P. ("Fieldstone")
         pursuant  to  which   Fieldstone   performs   certain   management  and
         administrative  services relating to the Partnership as well as certain
         other  partnerships  in which  Equipment  Management  serves as general
         partner.  Substantially  all costs  associated  with the  retention  of
         Fieldstone will be paid by Equipment Management.

         In September  1996, an affiliate of Presidio  purchased 40 units of the
         Partnership from various other limited partners, which equals less than
         1% of the outstanding limited partnership units.

4        DISTRIBUTIONS TO PARTNERS

         Distributions  payable to the Limited  Partners and General Partners of
         $2,798,760 ($140.50 per unit) and $28,270,  respectively,  at September
         30, 1996, were paid in November 1996.

5        DUE TO AFFILIATES

         The amounts due to  affiliates  of $4,882 and $4,208 at  September  30,
         1996 and December 31, 1995 represents the following:
<TABLE>
<CAPTION>
                                                       September 30,    December 31,
                                                           1996             1995
                                                       -------------    ------------
<S>                                                       <C>             <C>   
Partnership management fees ....................          $2,465          $4,208
Equipment management fees ......................           2,417            --
                                                          ------          ------
                                                          $4,882          $4,208
                                                          ======          ======
</TABLE>
<PAGE>
6        EQUIPMENT SALES - 1996

         On February 8, 1996,  the  Partnership  entered into an agreement  (the
         "Agreement") with an unaffiliated  third party (the "Purchaser")  which
         provided  for  the  sale  of  324  dry  van  piggyback   trailers  (the
         "Trailers")  upon their  return  from the lessee  pursuant to its lease
         with the Partnership (the "Lease").  The purchase price of each Trailer
         was to be determined by its redelivery  date,  declining from $2,575 to
         $1,990  per  Trailer  over the  course of the year.  Redelivery  of the
         Trailers  commenced on or about  January 2, 1996,  and was scheduled to
         continue through the earlier of the date at which all Trailers had been
         redelivered  and December 31, 1996. The basic term of the Lease expired
         on December 31, 1995,  but each Trailer  remains  subject to the Lease,
         with specified per diem rentals payable, until such date as it has been
         redelivered  by the lessee in  compliance  with the  return  conditions
         defined in the Lease.  At  present,  the return  dates of the  Trailers
         which remain on lease have not been finalized,  and it is likely that a
         small number of Trailers may remain  subject to the Lease through early
         1997.

         As of September  30, 1996,  147  trailers had been  transferred  to and
         accepted by Purchaser,  for sales proceeds aggregating $356,940. At the
         time of the  sale  the net  carrying  value  of the  147  Trailers  was
         $305,004. The 147 Trailers had originally been acquired in January 1986
         for an aggregate  purchase cost of $2,015,907,  inclusive of associated
         costs.

         The  Agreement  had provided  for a schedule of purchases  based on the
         Trailer's   redelivery   dates  in  order  to  effect  a  sale  of  the
         Partnership's  remaining assets by December 31, 1996. The Purchaser had
         failed  or  refused  to  adhere  to this  schedule  and  had  otherwise
         defaulted  in its  obligations  under the  Agreement,  citing in part a
         declining  market for the  Trailers.  When it became  apparent that the
         Purchaser was unable or unwilling to cure its defaults, the Partnership
         terminated the Agreement, effective November 7 1996.

         The Partnership has  subsequently  entered in an agreement in principle
         with  another  unaffiliated  third  party which calls for such party to
         acquire all of the remaining  Trailers on a single purchase date and to
         assume the  Partnership's  rights and  obligations  as lessor under the
         Lease. The purchase price for each Trailer is $1,400. From October 1 to
         November 13, 1996, the Partnership  closed the sale of 177 trailers for
         aggregate  sales proceeds of $306,330.  Such equipment had net carrying
         values aggregating $285,478 when sold.

         On June 30, 1996,  the lease of a certain  Seismic Vessel (the "Seismic
         Vessel") owned by the Partnership expired in accordance with its lease.
         On July 1, 1996, the lessee, Western Atlas International, purchased the
         Seismic  Vessel for sales  proceeds of  $2,550,000.  At the time of the
         sale,  such  equipment  had  a  net  carrying  value  of  approximately
         $1,137,600.
<PAGE>
ITEM 2 - MANAGEMENT'S DISCUSSION AND ANALYSIS OF
         FINANCIAL CONDITION AND RESULTS OF OPERATIONS

         Liquidity and Capital Resources

         The  Partnership  declared a cash  distribution  of $140.50 per unit of
         limited partnership  interest totaling $2,827,030 for the quarter ended
         September 30, 1996. The source of the  distribution  was primarily cash
         from sales generated during the current quarter. At September 30, 1996,
         the Partnership had operating  reserves of $200,111 which was comprised
         of  undistributed  cash from  operations  of  $100,521,  as well as the
         general working capital reserve of $99,590.

         The Partnership's cash from operations  available for distributions and
         to pay  operating  expenses  during the first  nine  months of 1996 was
         provided from cash  generated by the lease of a certain  Seismic Vessel
         (the  "Seismic  Vessel")  to  Western  Atlas  International   ("Western
         Atlas"). Such lease expired June 30, 1996 in accordance with its terms.
         On July 1, 1996,  Western Atlas  purchased the Seismic Vessel for sales
         proceeds of $2,550,000.  At the time of sale,  such equipment had a net
         carrying value of $1,137,600.

         On February 8, 1996, the Partnership entered into an agreement (the
         "Agreement") with an unaffiliated  third party (the "Purchaser")  which
         provided  for  the  sale  of  324  dry  van  piggyback   trailers  (the
         "Trailers")  upon their  return  from the lessee  pursuant to its lease
         with the Partnership (the "Lease").  The purchase price of each Trailer
         was to be determined by its redelivery  date,  declining from $2,575 to
         $1,990  per  Trailer  over the  course of the year.  Redelivery  of the
         Trailers  commenced on or about  January 2, 1996,  and was scheduled to
         continue through the earlier of the date at which all Trailers had been
         redelivered  and December 31, 1996. The basic term of the Lease expired
         on December 31, 1995,  but each Trailer  remains  subject to the Lease,
         with specified per diem rentals payable, until such date as it has been
         redelivered  by the lessee in  compliance  with the  return  conditions
         defined in the Lease.  At  present,  the return  dates of the  Trailers
         which remain on lease have not been finalized,  and it is likely that a
         small number of Trailers may remain  subject to the Lease through early
         1997.

         As of September  30, 1996,  147  trailers had been  transferred  to and
         accepted by Purchaser,  for sales proceeds aggregating $356,940. At the
         time of the  sale  the net  carrying  value  of the  147  Trailers  was
         $305,004. The 147 Trailers had originally been acquired in January 1986
         for an aggregate  purchase cost of $2,015,907,  inclusive of associated
         costs.

         The  Agreement  had provided  for a schedule of purchases  based on the
         Trailer's   redelivery   dates  in  order  to  effect  a  sale  of  the
         Partnership's  remaining assets by December 31, 1996. The Purchaser had
         failed  or  refused  to  adhere  to this  schedule  and  had  otherwise
         defaulted  in its  obligations  under the  Agreement,  citing in part a
         declining  market for the  Trailers.  When it became  apparent that the
         Purchaser was unable or unwilling to cure its defaults, the Partnership
         terminated the Agreement, effective November 7 1996.
<PAGE>
         Liquidity and Capital Resources (continued)

         The Partnership has  subsequently  entered in an agreement in principle
         with  another  unaffiliated  third  party which calls for such party to
         acquire all of the remaining  Trailers on a single purchase date and to
         assume the  Partnership's  rights and  obligations  as lessor under the
         Lease. The purchase price for each Trailer is $1,400. From October 1 to
         November 13, 1996, the Partnership  closed the sale of 177 trailers for
         aggregate  sales proceeds of $306,330.  Such equipment had net carrying
         values aggregating $285,478 when sold.
         
         The sale of the remaining  trailers on November 13, 1996  completes the
         liquidation  of the  Partnership's  equipment  portfolio.  The Managing
         General  Partner  will  prepare a final  accounting  of the  assets and
         liabilities  and  commence  the  dissolution  and  termination  of  the
         Partnership and make a final distribution to partners.

         At present,  the level of fees payable to IREG for services rendered to
         the Partnership and other affiliated  equipment leasing partnerships is
         declining.  The effect of this  situation  cannot be determined at this
         point. The management  agreements  between the Partnership and IREG may
         be terminated by either party to such agreements.

         In April 1995,  the  Managing  General  Partner and certain  affiliates
         entered into an agreement with Fieldstone  pursuant to which Fieldstone
         performs certain management and administrative services relating to the
         Partnership as well as certain other partnerships in which the Managing
         General  Partner serves as general  partner.  Substantially,  all costs
         associated  with  the  retention  of  Fieldstone  will  be  paid by the
         Managing General Partner.

         On February 28, 1995,  Presidio  Boram Corp., a subsidiary of Presidio,
         became the Associate  General Partner upon the withdrawal of Z Square G
         Partners II, the former Associate General Partner.

         Inflation and changing  prices have not had any material  effect on the
         Partnership's  revenues since its inception,  nor does the  Partnership
         anticipate any material effect on its business from these factors.

         The  Partnership  had no outstanding  material  commitments for capital
         expenditures as of September 30, 1996.

         Results of Operations

         Net income  increased  for the quarter and nine months ended  September
         30, 1996 as compared  with the prior year's  periods,  primarily due to
         the sales of the Seismic Vessel and Trailers.  The gain  recognized for
         the quarter and nine months ended  September  30, 1996 was reduced by a
         decrease  in  revenues  partially  offset  by an  overall  decrease  in
         expenses.
<PAGE>
         Liquidity and Capital Resources (continued)

         The  Partnership's  rental revenues  decreased for the quarter and nine
         months  ended  September  30,  1996,  due to a reduction of Trailers on
         lease.  During the quarter  ended  September 30, 1996, 93 Trailers were
         returned by the lessee and sold as discussed previously.

         Expenses  decreased for the quarter and nine months ended September 30,
         1996 in comparison to the prior year's  periods.  There was no interest
         expense for the quarter and nine months ended  September 30, 1996,  due
         to the repayment of the principal amount of outstanding indebtedness by
         the  application of rental payments on the leveraged  transaction  with
         respect to the Trailers.  The debt on such  transaction  was retired on
         January  2, 1996.  Depreciation  expense  decreased  as a result of the
         Trailer  sales.  Fees to  affiliates  decreased due to the reduction in
         equipment  management  fees as a result of the  decrease  in rentals on
         which such fees are based.

         A gain  was  recognized  during  the  quarter  and  nine  months  ended
         September 30, 1996 relating to the sales of the Seismic  Vessel and the
         Trailers  as  previously  discussed.  No  gain  was  recognized  in the
         comparable prior year periods.
<PAGE>
PART II - OTHER INFORMATION

ITEM 6 - EXHIBITS AND REPORTS ON FORM 8-K

(a)  Exhibits:  None
(b)  Reports on Form 8-K:  Current report on Form 8-K dated July 1, 1996
<PAGE>
                                   SIGNATURES


Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.


                                   Integrated Resources
                                   American Leasing Investors VII-A,
                                      a California Limited Partnership
                          By:      ALI Equipment Management Corp.
                                   Managing General Partner



                          /S/      Douglas J. Lambert
                                   --------------------------------------------
                                   Douglas J. Lambert
                                   President (Principal Executive and Financial
                                     Officer)




Date: November 12, 1996