10-Q Filing

WNC HOUSING TAX CREDIT FUND VI LP SERIES 5 CIK: 1036500 Q2 2012

Filing Information

Form Type	10-Q
Accession Number	`0001493152-12-001551`
Period End Date	20120930
Filing Date	20121109
Fiscal Year	2012
Fiscal Period	Q2
XBRL Instance	wncvi5-20120930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 26 Income Statement 47 Cash Flow Statement 29 Stockholders Equity 8

Balance Sheet 26 line items

Line Item	Tag	Value	Unit	Period
Limited Partners, authorized (in units)	`LimitedPartnersCapitalAccountUnitsAuthorized`	25,000.00	shares	Point-in-time
Limited Partners, authorized (in units)	`LimitedPartnersCapitalAccountUnitsAuthorized`	25,000.00	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$19.80K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$29.80K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$27.01K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$22.00K	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
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
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
Total Assets	`Assets`	$27.01K	USD	Point-in-time
Total Assets	`Assets`	$22.00K	USD	Point-in-time
Accrued fees and expenses due to General Partner and affiliates (Note 3)	`DueToRelatedPartiesCurrentAndNoncurrent`	$1.12M	USD	Point-in-time
Accrued fees and expenses due to General Partner and affiliates (Note 3)	`DueToRelatedPartiesCurrentAndNoncurrent`	$1.06M	USD	Point-in-time
Total Liabilities	`Liabilities`	$1.12M	USD	Point-in-time
Total Liabilities	`Liabilities`	$1.06M	USD	Point-in-time
General Partner	`GeneralPartnersCapitalAccount`	$4.08K	USD	Point-in-time
General Partner	`GeneralPartnersCapitalAccount`	$4.64K	USD	Point-in-time
Limited Partners (25,000 Partnership Units authorized; 25,000 Partnership Units issued and outstanding)	`LimitedPartnersCapitalAccount`	$-1.10M	USD	Point-in-time
Limited Partners (25,000 Partnership Units authorized; 25,000 Partnership Units issued and outstanding)	`LimitedPartnersCapitalAccount`	$-1.04M	USD	Point-in-time
Total Partners' Equity (Deficit)	`PartnersCapital`	$-1.09M	USD	Point-in-time
Total Partners' Equity (Deficit)	`PartnersCapital`	$-1.04M	USD	Point-in-time
Total Liabilities and Partners' Equity (Deficit)	`LiabilitiesAndStockholdersEquity`	$22.00K	USD	Point-in-time
Total Liabilities and Partners' Equity (Deficit)	`LiabilitiesAndStockholdersEquity`	$27.01K	USD	Point-in-time

Income Statement 47 line items

Line Item	Tag	Value	Unit	Period
Asset management fees (Note 3)	`AssetManagementCosts`	$30.29K	USD	2 Qtrs
Asset management fees (Note 3)	`AssetManagementCosts`	$14.13K	USD	1 Quarter
Asset management fees (Note 3)	`AssetManagementCosts`	$15.15K	USD	1 Quarter
Asset management fees (Note 3)	`AssetManagementCosts`	$29.28K	USD	2 Qtrs
Legal and accounting fees	`ProfessionalFees`	$5.29K	USD	1 Quarter
Legal and accounting fees	`ProfessionalFees`	$19.89K	USD	1 Quarter
Legal and accounting fees	`ProfessionalFees`	$39.26K	USD	2 Qtrs
Legal and accounting fees	`ProfessionalFees`	$29.60K	USD	2 Qtrs
Other	`OtherCostAndExpenseOperating`	$12.11K	USD	2 Qtrs
Other	`OtherCostAndExpenseOperating`	$7.26K	USD	1 Quarter
Other	`OtherCostAndExpenseOperating`	$11.70K	USD	2 Qtrs
Other	`OtherCostAndExpenseOperating`	$6.53K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$26.68K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$41.56K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$80.24K	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$72.00K	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-72.00K	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-26.68K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-80.24K	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-41.56K	USD	1 Quarter
Gain on sale of Local Limited Partnerships	`GainLossOnSaleOfBusiness`	-	USD	1 Quarter
Gain on sale of Local Limited Partnerships	`GainLossOnSaleOfBusiness`	$24.31K	USD	2 Qtrs
Gain on sale of Local Limited Partnerships	`GainLossOnSaleOfBusiness`	$24.31K	USD	1 Quarter
Interest income	`InvestmentIncomeNet`	$1.00	USD	2 Qtrs
Interest income	`InvestmentIncomeNet`	$3.00	USD	2 Qtrs
Interest income	`InvestmentIncomeNet`	$1.00	USD	1 Quarter
Interest income	`InvestmentIncomeNet`	$1.00	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.37K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-41.56K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-55.92K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-72.00K	USD	2 Qtrs
General Partner	`NetIncomeLossAllocatedToGeneralPartners`	$-416.00	USD	1 Quarter
General Partner	`NetIncomeLossAllocatedToGeneralPartners`	$-23.00	USD	1 Quarter
General Partner	`NetIncomeLossAllocatedToGeneralPartners`	$-720.00	USD	2 Qtrs
General Partner	`NetIncomeLossAllocatedToGeneralPartners`	$-559.00	USD	2 Qtrs
Limited Partners	`NetIncomeLossAllocatedToLimitedPartners`	$-41.14K	USD	1 Quarter
Limited Partners	`NetIncomeLossAllocatedToLimitedPartners`	$-71.28K	USD	2 Qtrs
Limited Partners	`NetIncomeLossAllocatedToLimitedPartners`	$-2.34K	USD	1 Quarter
Limited Partners	`NetIncomeLossAllocatedToLimitedPartners`	$-55.36K	USD	2 Qtrs
Net loss per Partnership Unit	`NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasic`	$-2.00	USD	1 Quarter
Net loss per Partnership Unit	`NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasic`	$-3.00	USD	2 Qtrs
Net loss per Partnership Unit	`NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasic`	-	USD	1 Quarter
Net loss per Partnership Unit	`NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasic`	$-2.00	USD	2 Qtrs
Outstanding weighted Partnership Units	`WeightedAverageLimitedPartnershipUnitsOutstanding`	25,000.00	shares	1 Quarter
Outstanding weighted Partnership Units	`WeightedAverageLimitedPartnershipUnitsOutstanding`	25,000.00	shares	2 Qtrs
Outstanding weighted Partnership Units	`WeightedAverageLimitedPartnershipUnitsOutstanding`	25,000.00	shares	1 Quarter
Outstanding weighted Partnership Units	`WeightedAverageLimitedPartnershipUnitsOutstanding`	25,000.00	shares	2 Qtrs

Cash Flow Statement 29 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-2.37K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-41.56K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-55.92K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-72.00K	USD	2 Qtrs
Gain on sale of Local Limited Partnerships	`GainLossOnSaleOfBusiness`	-	USD	1 Quarter
Gain on sale of Local Limited Partnerships	`GainLossOnSaleOfBusiness`	$24.31K	USD	2 Qtrs
Gain on sale of Local Limited Partnerships	`GainLossOnSaleOfBusiness`	$24.31K	USD	1 Quarter
Decrease in accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-3.94K	USD	2 Qtrs
Decrease in accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	-	USD	2 Qtrs
Increase in accrued fees and expenses due to General Partner and affiliates	`IncreaseDecreaseInDueToRelatedParties`	$65.94K	USD	2 Qtrs
Increase in accrued fees and expenses due to General Partner and affiliates	`IncreaseDecreaseInDueToRelatedParties`	$60.92K	USD	2 Qtrs
Net cash provided by investing activities:	`NetCashProvidedByUsedInOperatingActivities`	$-10.00K	USD	2 Qtrs
Net cash provided by investing activities:	`NetCashProvidedByUsedInOperatingActivities`	$-19.31K	USD	2 Qtrs
Net proceeds from sale of Local Limited Partnerships	`ProceedsFromDivestitureOfInterestInJointVenture`	$24.31K	USD	2 Qtrs
Net proceeds from sale of Local Limited Partnerships	`ProceedsFromDivestitureOfInterestInJointVenture`	-	USD	2 Qtrs
Net cash provided by investing activities:	`NetCashProvidedByUsedInInvestingActivities`	$24.31K	USD	2 Qtrs
Net cash provided by investing activities:	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$5.00K	USD	2 Qtrs
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-10.00K	USD	2 Qtrs
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$19.80K	USD	Point-in-time
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$29.80K	USD	Point-in-time
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$27.01K	USD	Point-in-time
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$22.00K	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$19.80K	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$29.80K	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$27.01K	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$22.00K	USD	Point-in-time
Taxes paid	`IncomeTaxesPaidNet`	-	USD	2 Qtrs
Taxes paid	`IncomeTaxesPaidNet`	-	USD	2 Qtrs

Stockholders Equity 8 line items

Line Item	Tag	Value	Unit	Period
Partners' equity (deficit)	`PartnersCapital`	$-1.09M	USD	Point-in-time
Partners' equity (deficit)	`PartnersCapital`	$-1.04M	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-2.37K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-41.56K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-55.92K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-72.00K	USD	2 Qtrs
Partners' equity (deficit)	`PartnersCapital`	$-1.09M	USD	Point-in-time
Partners' equity (deficit)	`PartnersCapital`	$-1.04M	USD	Point-in-time

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