10-Q Filing

WNC HOUSING TAX CREDIT FUND VI LP SERIES 12 CIK: 1253329 Q1 2012

Filing Information

Form Type	10-Q
Accession Number	`0001493152-12-001528`
Period End Date	20120630
Filing Date	20121106
Fiscal Year	2012
Fiscal Period	Q1
XBRL Instance	wnc6xii-20120630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 28 Income Statement 32 Cash Flow Statement 30 Stockholders Equity 6

Balance Sheet 28 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
Limited Partners, units issued	`LimitedPartnersCapitalAccountUnitsIssued`	15,019.00	shares	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`	$1.14M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$950.40K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.11M	USD	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`	$5.94M	USD	Point-in-time
Investments in Local Limited Partnerships, net (Notes 2 and 3)	`InvestmentsInLocalLimitedPartnershipsNet`	$5.02M	USD	Point-in-time
Limited Partners, units outstanding	`LimitedPartnersCapitalAccountUnitsOutstanding`	15,019.00	shares	Point-in-time
Total Assets	`Assets`	$5.98M	USD	Point-in-time
Total Assets	`Assets`	$6.87M	USD	Point-in-time
Payables to Local Limited Partnerships (Note 4)	`DueToAffiliateCurrentAndNoncurrent`	$624.89K	USD	Point-in-time
Payables to Local Limited Partnerships (Note 4)	`DueToAffiliateCurrentAndNoncurrent`	$624.89K	USD	Point-in-time
Accrued fees and expenses due to General Partner and affiliates (Note 3)	`DueToRelatedPartiesCurrentAndNoncurrent`	$908.39K	USD	Point-in-time
Accrued fees and expenses due to General Partner and affiliates (Note 3)	`DueToRelatedPartiesCurrentAndNoncurrent`	$850.69K	USD	Point-in-time
Total Liabilities	`Liabilities`	$1.53M	USD	Point-in-time
Total Liabilities	`Liabilities`	$1.48M	USD	Point-in-time
General Partner	`GeneralPartnersCapitalAccount`	$-8.56K	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`	$5.41M	USD	Point-in-time
Limited Partners (25,000 Partnership Units authorized; 15,019 Partnership Units issued and outstanding)	`LimitedPartnersCapitalAccount`	$4.45M	USD	Point-in-time
Total Partners Equity (Deficit)	`PartnersCapital`	$5.40M	USD	Point-in-time
Total Partners Equity (Deficit)	`PartnersCapital`	$4.44M	USD	Point-in-time
Total Liabilities and Partners Equity (Deficit)	`LiabilitiesAndStockholdersEquity`	$6.87M	USD	Point-in-time
Total Liabilities and Partners Equity (Deficit)	`LiabilitiesAndStockholdersEquity`	$5.98M	USD	Point-in-time

Income Statement 32 line items

Line Item	Tag	Value	Unit	Period
Reporting fees	`RevenueFromRelatedParties`	$16.86K	USD	1 Quarter
Reporting fees	`RevenueFromRelatedParties`	$3.04K	USD	1 Quarter
Amortization (Note 2)	`AdjustmentForAmortization`	$10.05K	USD	1 Quarter
Amortization (Note 2)	`AdjustmentForAmortization`	$12.32K	USD	1 Quarter
Asset management fees (Note 3)	`AssetManagementCosts`	$41.68K	USD	1 Quarter
Asset management fees (Note 3)	`AssetManagementCosts`	$41.68K	USD	1 Quarter
Impairment loss (Note 2)	`AssetImpairmentCharges`	$738.27K	USD	1 Quarter
Impairment loss (Note 2)	`AssetImpairmentCharges`	$461.44K	USD	Annual
Impairment loss (Note 2)	`AssetImpairmentCharges`	$461.44K	USD	1 Quarter
Accounting and legal fees	`AccountingAndLegalFees`	$9.93K	USD	1 Quarter
Accounting and legal fees	`AccountingAndLegalFees`	$4.47K	USD	1 Quarter
Other	`OtherCostAndExpenseOperating`	$1.50K	USD	1 Quarter
Other	`OtherCostAndExpenseOperating`	$6.08K	USD	1 Quarter
Total operating expenses and loss	`OperatingExpenses`	$521.42K	USD	1 Quarter
Total operating expenses and loss	`OperatingExpenses`	$806.02K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-789.16K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-518.37K	USD	1 Quarter
Equity in losses of Local Limited Partnerships (Note 2)	`IncomeLossFromEquityMethodInvestments`	$-260.19K	USD	1 Quarter
Equity in losses of Local Limited Partnerships (Note 2)	`IncomeLossFromEquityMethodInvestments`	$-669.84K	USD	Annual
Equity in losses of Local Limited Partnerships (Note 2)	`IncomeLossFromEquityMethodInvestments`	$-167.46K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$218.00	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$507.00	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-956.41K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-778.06K	USD	1 Quarter
General Partner	`NetIncomeLossAllocatedToGeneralPartners`	$-956.00	USD	1 Quarter
General Partner	`NetIncomeLossAllocatedToGeneralPartners`	$-778.00	USD	1 Quarter
Limited Partners	`NetIncomeLossAllocatedToLimitedPartners`	$-777.28K	USD	1 Quarter
Limited Partners	`NetIncomeLossAllocatedToLimitedPartners`	$-955.45K	USD	1 Quarter
Net loss per Partnership Unit	`NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasic`	$-52.00	USD	1 Quarter
Net loss per Partnership Unit	`NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasic`	$-64.00	USD	1 Quarter
Outstanding weighted Partnership Units	`WeightedAverageLimitedPartnershipUnitsOutstanding`	15,019.00	shares	1 Quarter
Outstanding weighted Partnership Units	`WeightedAverageLimitedPartnershipUnitsOutstanding`	15,019.00	shares	1 Quarter

Cash Flow Statement 30 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-956.41K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-778.06K	USD	1 Quarter
Amortization	`AdjustmentForAmortization`	$10.05K	USD	1 Quarter
Amortization	`AdjustmentForAmortization`	$12.32K	USD	1 Quarter
Impairment loss	`AssetImpairmentCharges`	$738.27K	USD	1 Quarter
Impairment loss	`AssetImpairmentCharges`	$461.44K	USD	Annual
Impairment loss	`AssetImpairmentCharges`	$461.44K	USD	1 Quarter
Equity in losses of Local Limited Partnerships	`IncomeLossFromEquityMethodInvestments`	$-260.19K	USD	1 Quarter
Equity in losses of Local Limited Partnerships	`IncomeLossFromEquityMethodInvestments`	$-669.84K	USD	Annual
Equity in losses of Local Limited Partnerships	`IncomeLossFromEquityMethodInvestments`	$-167.46K	USD	1 Quarter
Increase in accrued fees and expenses due to General Partner and affiliates	`IncreaseDecreaseInDueToRelatedParties`	$57.70K	USD	1 Quarter
Increase in accrued fees and expenses due to General Partner and affiliates	`IncreaseDecreaseInDueToRelatedParties`	$11.22K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-32.88K	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$17.08K	USD	1 Quarter
Distributions received from Local Limited Partnership	`PaymentsForProceedsFromOtherInvestingActivities`	-	USD	1 Quarter
Distributions received from Local Limited Partnership	`PaymentsForProceedsFromOtherInvestingActivities`	$-3.38K	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$3.38K	USD	1 Quarter
Net increase( decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-32.88K	USD	1 Quarter
Net increase( decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$20.45K	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$929.95K	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.14M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$950.40K	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.11M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$929.95K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.14M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$950.40K	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.11M	USD	Point-in-time
Taxes paid	`IncomeTaxesPaid`	-	USD	1 Quarter
Taxes paid	`IncomeTaxesPaid`	-	USD	1 Quarter

Stockholders Equity 6 line items

Line Item	Tag	Value	Unit	Period
Partners' equity (deficit), beginning balance	`PartnersCapital`	$5.40M	USD	Point-in-time
Partners' equity (deficit), beginning balance	`PartnersCapital`	$4.44M	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-956.41K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-778.06K	USD	1 Quarter
Partners' equity (deficit), ending balance	`PartnersCapital`	$5.40M	USD	Point-in-time
Partners' equity (deficit), ending balance	`PartnersCapital`	$4.44M	USD	Point-in-time

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