10-Q Filing

WNC HOUSING TAX CREDIT FUND VI LP SERIES 5 CIK: 1036500 Q3 2011

Filing Information

Form Type	10-Q
Accession Number	`0001019687-12-000535`
Period End Date	20111231
Filing Date	20120214
Fiscal Year	2011
Fiscal Period	Q3
XBRL Instance	wnce-20111231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 28 Income Statement 64 Cash Flow Statement 40 Stockholders Equity 9

Balance Sheet 28 line items

Line Item	Tag	Value	Unit	Period
Cash	`Cash`	$22.00K	USD	Point-in-time
Limited Partners, authorized (in units)	`LimitedPartnersCapitalAccountUnitsAuthorized`	25,000.00	shares	Point-in-time
Cash	`Cash`	$38.30K	USD	Point-in-time
Limited Partners, authorized (in units)	`LimitedPartnersCapitalAccountUnitsAuthorized`	25,000.00	shares	Point-in-time
Cash	`Cash`	$29.80K	USD	Point-in-time
Cash	`Cash`	$37.30K	USD	Point-in-time
Limited Partners, issued (in units)	`LimitedPartnersCapitalAccountUnitsIssued`	25,000.00	shares	Point-in-time
Limited Partners, issued (in units)	`LimitedPartnersCapitalAccountUnitsIssued`	25,000.00	shares	Point-in-time
Investments in Local Limited Partnerships, net (Notes 2 and 3)	`InvestmentsInLocalLimitedPartnershipsNet`	-	USD	Point-in-time
Investments in Local Limited Partnerships, net (Notes 2 and 3)	`InvestmentsInLocalLimitedPartnershipsNet`	-	USD	Point-in-time
Limited Partners, outstanding (in units)	`LimitedPartnersCapitalAccountUnitsOutstanding`	25,000.00	shares	Point-in-time
Limited Partners, outstanding (in units)	`LimitedPartnersCapitalAccountUnitsOutstanding`	25,000.00	shares	Point-in-time
Total Assets	`Assets`	$29.80K	USD	Point-in-time
Total Assets	`Assets`	$22.00K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrentAndNoncurrent`	-	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrentAndNoncurrent`	$3.94K	USD	Point-in-time
Accrued fees and expenses due to General Partner and affiliates (Note 3)	`DueToRelatedPartiesCurrentAndNoncurrent`	$1.03M	USD	Point-in-time
Accrued fees and expenses due to General Partner and affiliates (Note 3)	`DueToRelatedPartiesCurrentAndNoncurrent`	$1.01M	USD	Point-in-time
Total Liabilities	`Liabilities`	$1.03M	USD	Point-in-time
Total Liabilities	`Liabilities`	$1.01M	USD	Point-in-time
General Partner	`GeneralPartnersCapitalAccount`	$-73.98K	USD	Point-in-time
General Partner	`GeneralPartnersCapitalAccount`	$4.95K	USD	Point-in-time
Limited Partners (25,000 Partnership Units authorized; 25,000 Partnership Units issued and outstanding)	`LimitedPartnersCapitalAccount`	$-1.01M	USD	Point-in-time
Limited Partners (25,000 Partnership Units authorized; 25,000 Partnership Units issued and outstanding)	`LimitedPartnersCapitalAccount`	$-905.30K	USD	Point-in-time
Total Partners Equity (Deficit)	`PartnersCapital`	$-1.01M	USD	Point-in-time
Total Partners Equity (Deficit)	`PartnersCapital`	$-979.28K	USD	Point-in-time
Total Liabilities and Partners Equity (Deficit)	`LiabilitiesAndStockholdersEquity`	$29.80K	USD	Point-in-time
Total Liabilities and Partners Equity (Deficit)	`LiabilitiesAndStockholdersEquity`	$22.00K	USD	Point-in-time

Income Statement 64 line items

Line Item	Tag	Value	Unit	Period
Reporting fees	`RevenueFromRelatedParties`	$4.00K	USD	3 Qtrs
Reporting fees	`RevenueFromRelatedParties`	$4.00K	USD	1 Quarter
Reporting fees	`RevenueFromRelatedParties`	$2.20K	USD	3 Qtrs
Reporting fees	`RevenueFromRelatedParties`	$2.20K	USD	1 Quarter
Total operating income	`Revenues`	$4.00K	USD	1 Quarter
Total operating income	`Revenues`	$2.20K	USD	3 Qtrs
Total operating income	`Revenues`	$2.20K	USD	1 Quarter
Total operating income	`Revenues`	$4.00K	USD	3 Qtrs
Asset management fees (Note 3)	`AssetManagementCosts`	$16.74K	USD	1 Quarter
Asset management fees (Note 3)	`AssetManagementCosts`	$45.44K	USD	3 Qtrs
Asset management fees (Note 3)	`AssetManagementCosts`	$50.21K	USD	3 Qtrs
Asset management fees (Note 3)	`AssetManagementCosts`	$15.15K	USD	1 Quarter
Legal and accounting fees	`ProfessionalFees`	$42.71K	USD	3 Qtrs
Legal and accounting fees	`ProfessionalFees`	$38.94K	USD	3 Qtrs
Legal and accounting fees	`ProfessionalFees`	$13.12K	USD	1 Quarter
Legal and accounting fees	`ProfessionalFees`	$29.89K	USD	1 Quarter
Impairment loss (Note 2)	`OtherAssetImpairmentCharges`	$195.23K	USD	3 Qtrs
Impairment loss (Note 2)	`OtherAssetImpairmentCharges`	-	USD	1 Quarter
Impairment loss (Note 2)	`OtherAssetImpairmentCharges`	-	USD	1 Quarter
Impairment loss (Note 2)	`OtherAssetImpairmentCharges`	-	USD	3 Qtrs
Other	`OtherCostAndExpenseOperating`	$8.82K	USD	1 Quarter
Other	`OtherCostAndExpenseOperating`	$20.94K	USD	3 Qtrs
Other	`OtherCostAndExpenseOperating`	$5.63K	USD	3 Qtrs
Other	`OtherCostAndExpenseOperating`	$2.22K	USD	1 Quarter
Total operating expenses and loss	`OperatingExpenses`	$48.85K	USD	1 Quarter
Total operating expenses and loss	`OperatingExpenses`	$109.09K	USD	3 Qtrs
Total operating expenses and loss	`OperatingExpenses`	$290.01K	USD	3 Qtrs
Total operating expenses and loss	`OperatingExpenses`	$37.09K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-44.85K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-34.89K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-106.89K	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-286.01K	USD	3 Qtrs
Equity in losses of Local Limited Partnerships (Note 2)	`IncomeLossFromEquityMethodInvestments`	-	USD	1 Quarter
Equity in losses of Local Limited Partnerships (Note 2)	`IncomeLossFromEquityMethodInvestments`	-	USD	1 Quarter
Equity in losses of Local Limited Partnerships (Note 2)	`IncomeLossFromEquityMethodInvestments`	-	USD	3 Qtrs
Equity in losses of Local Limited Partnerships (Note 2)	`IncomeLossFromEquityMethodInvestments`	$-85.97K	USD	3 Qtrs
Gain on sale of investments in Local Limited Partnerships	`GainLossOnSaleOfProperties`	-	USD	3 Qtrs
Gain on sale of investments in Local Limited Partnerships	`GainLossOnSaleOfProperties`	$20.00K	USD	3 Qtrs
Gain on sale of investments in Local Limited Partnerships	`GainLossOnSaleOfProperties`	-	USD	1 Quarter
Gain on sale of investments in Local Limited Partnerships	`GainLossOnSaleOfProperties`	$20.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$4.00	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$1.00	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$4.00	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$1.00	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-24.84K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-106.89K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-34.89K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-351.98K	USD	3 Qtrs
General Partner	`NetIncomeLossAllocatedToGeneralPartners`	$-1.07K	USD	3 Qtrs
General Partner	`NetIncomeLossAllocatedToGeneralPartners`	$-348.00	USD	1 Quarter
General Partner	`NetIncomeLossAllocatedToGeneralPartners`	$-248.00	USD	1 Quarter
General Partner	`NetIncomeLossAllocatedToGeneralPartners`	$-3.52K	USD	3 Qtrs
Limited Partners	`NetIncomeLossAllocatedToLimitedPartners`	$-105.82K	USD	3 Qtrs
Limited Partners	`NetIncomeLossAllocatedToLimitedPartners`	$-34.54K	USD	1 Quarter
Limited Partners	`NetIncomeLossAllocatedToLimitedPartners`	$-24.60K	USD	1 Quarter
Limited Partners	`NetIncomeLossAllocatedToLimitedPartners`	$-348.46K	USD	3 Qtrs
Net loss per Partnership Unit	`NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasic`	$-14.00	USD	3 Qtrs
Net loss per Partnership Unit	`NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasic`	$-1.00	USD	1 Quarter
Net loss per Partnership Unit	`NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasic`	$-4.00	USD	3 Qtrs
Net loss per Partnership Unit	`NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasic`	$-1.00	USD	1 Quarter
Outstanding weighted Partnership Units	`WeightedAverageLimitedPartnershipUnitsOutstanding`	25,000.00	shares	3 Qtrs
Outstanding weighted Partnership Units	`WeightedAverageLimitedPartnershipUnitsOutstanding`	25,000.00	shares	1 Quarter
Outstanding weighted Partnership Units	`WeightedAverageLimitedPartnershipUnitsOutstanding`	25,000.00	shares	1 Quarter
Outstanding weighted Partnership Units	`WeightedAverageLimitedPartnershipUnitsOutstanding`	25,000.00	shares	3 Qtrs

Cash Flow Statement 40 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-24.84K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-106.89K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-34.89K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-351.98K	USD	3 Qtrs
Impairment loss	`OtherAssetImpairmentCharges`	$195.23K	USD	3 Qtrs
Impairment loss	`OtherAssetImpairmentCharges`	-	USD	1 Quarter
Impairment loss	`OtherAssetImpairmentCharges`	-	USD	1 Quarter
Impairment loss	`OtherAssetImpairmentCharges`	-	USD	3 Qtrs
Equity in losses of Local Limited Partnerships	`IncomeLossFromEquityMethodInvestments`	-	USD	1 Quarter
Equity in losses of Local Limited Partnerships	`IncomeLossFromEquityMethodInvestments`	-	USD	1 Quarter
Equity in losses of Local Limited Partnerships	`IncomeLossFromEquityMethodInvestments`	-	USD	3 Qtrs
Equity in losses of Local Limited Partnerships	`IncomeLossFromEquityMethodInvestments`	$-85.97K	USD	3 Qtrs
Gain on sale of investments in Local Limited Partnerships	`GainLossOnSaleOfProperties`	-	USD	3 Qtrs
Gain on sale of investments in Local Limited Partnerships	`GainLossOnSaleOfProperties`	$20.00K	USD	3 Qtrs
Gain on sale of investments in Local Limited Partnerships	`GainLossOnSaleOfProperties`	-	USD	1 Quarter
Gain on sale of investments in Local Limited Partnerships	`GainLossOnSaleOfProperties`	$20.00K	USD	1 Quarter
Decrease in accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	-	USD	3 Qtrs
Decrease in accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-3.94K	USD	3 Qtrs
Increase in accrued fees and expenses due to General Partner and affiliates	`IncreaseDecreaseInDueToRelatedParties`	$103.03K	USD	3 Qtrs
Increase in accrued fees and expenses due to General Partner and affiliates	`IncreaseDecreaseInDueToRelatedParties`	$69.79K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-7.80K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-21.00K	USD	3 Qtrs
Proceeds from sale of investments in Local Limited Partnerships	`ProceedsFromSaleOfInvestmentsInLocalLimitedPartnerships`	-	USD	3 Qtrs
Proceeds from sale of investments in Local Limited Partnerships	`ProceedsFromSaleOfInvestmentsInLocalLimitedPartnerships`	$20.00K	USD	3 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	3 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$20.00K	USD	3 Qtrs
Net decrease in cash	`CashPeriodIncreaseDecrease`	$-7.80K	USD	3 Qtrs
Net decrease in cash	`CashPeriodIncreaseDecrease`	$-997.00	USD	3 Qtrs
Cash, beginning of period	`Cash`	$22.00K	USD	Point-in-time
Cash, beginning of period	`Cash`	$38.30K	USD	Point-in-time
Cash, beginning of period	`Cash`	$29.80K	USD	Point-in-time
Cash, beginning of period	`Cash`	$37.30K	USD	Point-in-time
Cash, end of period	`Cash`	$22.00K	USD	Point-in-time
Cash, end of period	`Cash`	$38.30K	USD	Point-in-time
Cash, end of period	`Cash`	$29.80K	USD	Point-in-time
Cash, end of period	`Cash`	$37.30K	USD	Point-in-time
Taxes paid	`IncomeTaxesPaid`	-	USD	3 Qtrs
Taxes paid	`IncomeTaxesPaid`	-	USD	3 Qtrs
General Partner equity balance was increased and accrued fees and expenses due to the General Partner was decreased as a result of forgiveness of debt by the General Partner.	`GeneralPartnerEquityBalanceWasIncreasedAndAccruedFeesAndExpensesDueToGeneralPartnerWasDecreasedAsResultOfForgivenessOfDebtByGeneralPartner.`	-	USD	3 Qtrs
General Partner equity balance was increased and accrued fees and expenses due to the General Partner was decreased as a result of forgiveness of debt by the General Partner.	`GeneralPartnerEquityBalanceWasIncreasedAndAccruedFeesAndExpensesDueToGeneralPartnerWasDecreasedAsResultOfForgivenessOfDebtByGeneralPartner.`	$80.00K	USD	3 Qtrs

Stockholders Equity 9 line items

Line Item	Tag	Value	Unit	Period
Partners' deficit at the beginning of the period	`PartnersCapital`	$-1.01M	USD	Point-in-time
Partners' deficit at the beginning of the period	`PartnersCapital`	$-979.28K	USD	Point-in-time
Contributions (Note 5)	`PartnersCapitalAccountContributions`	$80.00K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-24.84K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-106.89K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-34.89K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-351.98K	USD	3 Qtrs
Partners' equity (deficit) at the end of the period	`PartnersCapital`	$-1.01M	USD	Point-in-time
Partners' equity (deficit) at the end of the period	`PartnersCapital`	$-979.28K	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.