10-K Filing

WNC HOUSING TAX CREDIT FUND VI LP SERIES 12 CIK: 1253329 FY 2011

Filing Information

Form Type	10-K
Accession Number	`0001493152-12-001379`
Period End Date	20120331
Filing Date	20121005
Fiscal Year	2011
Fiscal Period	FY
XBRL Instance	wnc6xii-20120331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 30 Income Statement 48 Cash Flow Statement 38 Stockholders Equity 11

Balance Sheet 30 line items

Line Item	Tag	Value	Unit	Period
Limited Partners, units authorized	`LimitedPartnersCapitalAccountUnitsAuthorized`	25,000.00	shares	Point-in-time
Limited Partners, units authorized	`LimitedPartnersCapitalAccountUnitsAuthorized`	25,000.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.20M	USD	Point-in-time
Limited Partners, units issued	`LimitedPartnersCapitalAccountUnitsIssued`	15,019.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$929.95K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.23M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.14M	USD	Point-in-time
Limited Partners, units issued	`LimitedPartnersCapitalAccountUnitsIssued`	15,019.00	shares	Point-in-time
Limited Partners, units outstanding	`LimitedPartnersCapitalAccountUnitsOutstanding`	15,019.00	shares	Point-in-time
Limited Partners, units outstanding	`LimitedPartnersCapitalAccountUnitsOutstanding`	15,019.00	shares	Point-in-time
Investments in Local Limited Partnerships, net (Notes 2 and 3)	`InvestmentsInLocalLimitedPartnershipsNet`	$7.12M	USD	Point-in-time
Investments in Local Limited Partnerships, net (Notes 2 and 3)	`InvestmentsInLocalLimitedPartnershipsNet`	$5.94M	USD	Point-in-time
Total Assets	`Assets`	$8.26M	USD	Point-in-time
Total Assets	`Assets`	$6.87M	USD	Point-in-time
Payables to Local Limited Partnerships (Note 5)	`DueToAffiliateCurrentAndNoncurrent`	$624.89K	USD	Point-in-time
Payables to Local Limited Partnerships (Note 5)	`DueToAffiliateCurrentAndNoncurrent`	$624.89K	USD	Point-in-time
Accrued fees and expenses due to General Partner and affiliates (Note 3)	`DueToRelatedPartiesCurrentAndNoncurrent`	$850.69K	USD	Point-in-time
Accrued fees and expenses due to General Partner and affiliates (Note 3)	`DueToRelatedPartiesCurrentAndNoncurrent`	$704.81K	USD	Point-in-time
Total Liabilities	`Liabilities`	$1.48M	USD	Point-in-time
Total Liabilities	`Liabilities`	$1.33M	USD	Point-in-time
General Partner	`GeneralPartnersCapitalAccount`	$-6.08K	USD	Point-in-time
General Partner	`GeneralPartnersCapitalAccount`	$-7.61K	USD	Point-in-time
Limited Partners (25,000 Partnership Units authorized; 15,019 Partnership Units issued and outstanding)	`LimitedPartnersCapitalAccount`	$6.93M	USD	Point-in-time
Limited Partners (25,000 Partnership Units authorized; 15,019 Partnership Units issued and outstanding)	`LimitedPartnersCapitalAccount`	$5.41M	USD	Point-in-time
Total Partners Equity (Deficit)	`PartnersCapital`	$8.01M	USD	Point-in-time
Total Partners Equity (Deficit)	`PartnersCapital`	$9.16M	USD	Point-in-time
Total Partners Equity (Deficit)	`PartnersCapital`	$6.93M	USD	Point-in-time
Total Partners Equity (Deficit)	`PartnersCapital`	$5.40M	USD	Point-in-time
Total Liabilities and Partners Equity (Deficit)	`LiabilitiesAndStockholdersEquity`	$8.26M	USD	Point-in-time
Total Liabilities and Partners Equity (Deficit)	`LiabilitiesAndStockholdersEquity`	$6.87M	USD	Point-in-time

Income Statement 48 line items

Line Item	Tag	Value	Unit	Period
Reporting fees	`RevenueFromRelatedParties`	$14.36K	USD	Annual
Reporting fees	`RevenueFromRelatedParties`	$10.87K	USD	Annual
Reporting fees	`RevenueFromRelatedParties`	$10.05K	USD	Annual
Amortization (Notes 2 and 3)	`AdjustmentForAmortization`	$42.96K	USD	Annual
Amortization (Notes 2 and 3)	`AdjustmentForAmortization`	$49.29K	USD	Annual
Amortization (Notes 2 and 3)	`AdjustmentForAmortization`	$49.29K	USD	Annual
Asset management fees (Note 3)	`AssetManagementFees`	$-166.73K	USD	Annual
Asset management fees (Note 3)	`AssetManagementFees`	$-166.73K	USD	Annual
Asset management fees (Note 3)	`AssetManagementFees`	$-166.73K	USD	Annual
Impairment loss (Note 2)	`AssetImpairmentCharges`	$461.44K	USD	Annual
Impairment loss (Note 2)	`AssetImpairmentCharges`	$208.22K	USD	Annual
Impairment loss (Note 2)	`AssetImpairmentCharges`	$212.20K	USD	Annual
Accounting and legal fees	`ProfessionalFees`	$12.03K	USD	Annual
Accounting and legal fees	`ProfessionalFees`	$178.16K	USD	Annual
Accounting and legal fees	`ProfessionalFees`	$12.98K	USD	Annual
Asset management expenses	`AssetManagementCosts`	$873.00	USD	Annual
Asset management expenses	`AssetManagementCosts`	$2.54K	USD	Annual
Asset management expenses	`AssetManagementCosts`	$899.00	USD	Annual
Other	`OtherCostAndExpenseOperating`	$20.23K	USD	Annual
Other	`OtherCostAndExpenseOperating`	$3.45K	USD	Annual
Other	`OtherCostAndExpenseOperating`	$3.20K	USD	Annual
Total operating expenses and loss	`OperatingExpenses`	$441.31K	USD	Annual
Total operating expenses and loss	`OperatingExpenses`	$444.57K	USD	Annual
Total operating expenses and loss	`OperatingExpenses`	$872.05K	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-431.26K	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-861.18K	USD	Annual
Loss from operations	`OperatingIncomeLoss`	$-430.20K	USD	Annual
Equity in losses of Local Limited Partnerships (Note 2)	`IncomeLossFromEquityMethodInvestments`	$-724.89K	USD	Annual
Equity in losses of Local Limited Partnerships (Note 2)	`IncomeLossFromEquityMethodInvestments`	$-650.45K	USD	Annual
Equity in losses of Local Limited Partnerships (Note 2)	`IncomeLossFromEquityMethodInvestments`	$-669.84K	USD	Annual
Interest income	`InvestmentIncomeInterest`	$2.37K	USD	Annual
Interest income	`InvestmentIncomeInterest`	$1.16K	USD	Annual
Interest income	`InvestmentIncomeInterest`	$2.83K	USD	Annual
Net loss	`NetIncomeLoss`	$-1.15M	USD	Annual
Net loss	`NetIncomeLoss`	$-1.53M	USD	Annual
Net loss	`NetIncomeLoss`	$-1.08M	USD	Annual
General Partner	`NetIncomeLossAllocatedToGeneralPartners`	$-1.53K	USD	Annual
General Partner	`NetIncomeLossAllocatedToGeneralPartners`	$-1.08K	USD	Annual
General Partner	`NetIncomeLossAllocatedToGeneralPartners`	$-1.15K	USD	Annual
Limited Partners	`NetIncomeLossAllocatedToLimitedPartners`	$-1.08M	USD	Annual
Limited Partners	`NetIncomeLossAllocatedToLimitedPartners`	$-1.15M	USD	Annual
Limited Partners	`NetIncomeLossAllocatedToLimitedPartners`	$-1.53M	USD	Annual
Net loss per Partnership Unit	`NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasic`	$-76.64	USD	Annual
Net loss per Partnership Unit	`NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasic`	$-71.79	USD	Annual
Net loss per Partnership Unit	`NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasic`	$-101.76	USD	Annual
Outstanding weighted Partnership Units	`WeightedAverageLimitedPartnershipUnitsOutstanding`	15,019.00	shares	Annual
Outstanding weighted Partnership Units	`WeightedAverageLimitedPartnershipUnitsOutstanding`	15,019.00	shares	Annual
Outstanding weighted Partnership Units	`WeightedAverageLimitedPartnershipUnitsOutstanding`	15,019.00	shares	Annual

Cash Flow Statement 38 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-1.15M	USD	Annual
Net loss	`NetIncomeLoss`	$-1.53M	USD	Annual
Net loss	`NetIncomeLoss`	$-1.08M	USD	Annual
Amortization	`AdjustmentForAmortization`	$42.96K	USD	Annual
Amortization	`AdjustmentForAmortization`	$49.29K	USD	Annual
Amortization	`AdjustmentForAmortization`	$49.29K	USD	Annual
Impairment loss	`AssetImpairmentCharges`	$461.44K	USD	Annual
Impairment loss	`AssetImpairmentCharges`	$208.22K	USD	Annual
Impairment loss	`AssetImpairmentCharges`	$212.20K	USD	Annual
Equity in losses of Local Limited Partnerships	`IncomeLossFromEquityMethodInvestments`	$-724.89K	USD	Annual
Equity in losses of Local Limited Partnerships	`IncomeLossFromEquityMethodInvestments`	$-650.45K	USD	Annual
Equity in losses of Local Limited Partnerships	`IncomeLossFromEquityMethodInvestments`	$-669.84K	USD	Annual
Increase in accrued fees and expenses due to General Partner and affiliates	`IncreaseDecreaseInDueToRelatedParties`	$156.84K	USD	Annual
Increase in accrued fees and expenses due to General Partner and affiliates	`IncreaseDecreaseInDueToRelatedParties`	$145.88K	USD	Annual
Increase in accrued fees and expenses due to General Partner and affiliates	`IncreaseDecreaseInDueToRelatedParties`	$134.84K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-9.04K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-209.75K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-36.54K	USD	Annual
Capital contributions paid to Local Limited Partnerships	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	Annual
Capital contributions paid to Local Limited Partnerships	`PaymentsForProceedsFromOtherInvestingActivities`	$24.60K	USD	Annual
Capital contributions paid to Local Limited Partnerships	`PaymentsForProceedsFromOtherInvestingActivities`	$18.48K	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-24.60K	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-18.48K	USD	Annual
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-209.75K	USD	Annual
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-27.52K	USD	Annual
Net decrease in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-61.15K	USD	Annual
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$1.20M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$929.95K	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$1.23M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$1.14M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashAndCashEquivalentsAtCarryingValue`	$1.20M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashAndCashEquivalentsAtCarryingValue`	$929.95K	USD	Point-in-time
Cash and cash equivalents, end of year	`CashAndCashEquivalentsAtCarryingValue`	$1.23M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashAndCashEquivalentsAtCarryingValue`	$1.14M	USD	Point-in-time
Taxes paid	`IncomeTaxesPaid`	$800.00	USD	Annual
Taxes paid	`IncomeTaxesPaid`	$800.00	USD	Annual
Taxes paid	`IncomeTaxesPaid`	$800.00	USD	Annual

Stockholders Equity 11 line items

Line Item	Tag	Value	Unit	Period
Partners' equity (deficit), balance	`PartnersCapital`	$8.01M	USD	Point-in-time
Partners' equity (deficit), balance	`PartnersCapital`	$9.16M	USD	Point-in-time
Partners' equity (deficit), balance	`PartnersCapital`	$6.93M	USD	Point-in-time
Partners' equity (deficit), balance	`PartnersCapital`	$5.40M	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-1.15M	USD	Annual
Net loss	`NetIncomeLoss`	$-1.53M	USD	Annual
Net loss	`NetIncomeLoss`	$-1.08M	USD	Annual
Partners' equity (deficit), balance	`PartnersCapital`	$8.01M	USD	Point-in-time
Partners' equity (deficit), balance	`PartnersCapital`	$9.16M	USD	Point-in-time
Partners' equity (deficit), balance	`PartnersCapital`	$6.93M	USD	Point-in-time
Partners' equity (deficit), balance	`PartnersCapital`	$5.40M	USD	Point-in-time

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