10-Q Filing

WNC HOUSING TAX CREDIT FUND VI LP SERIES 5 CIK: 1036500 Q3 2012

Filing Information

Form Type	10-Q
Accession Number	`0001493152-13-000246`
Period End Date	20121231
Filing Date	20130213
Fiscal Year	2012
Fiscal Period	Q3
XBRL Instance	wncvi5-20121231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 26 Income Statement 56 Cash Flow Statement 32 Stockholders Equity 8

Balance Sheet 26 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	`CashAndCashEquivalentsAtCarryingValue`	$22.00K	USD	Point-in-time
Limited Partners, units issued	`LimitedPartnersCapitalAccountUnitsIssued`	25,000.00	shares	Point-in-time
Limited Partners, units issued	`LimitedPartnersCapitalAccountUnitsIssued`	25,000.00	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$22.00K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$29.80K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$27.01K	USD	Point-in-time
Limited Partners, units outstanding	`LimitedPartnersCapitalAccountUnitsOutstanding`	25,000.00	shares	Point-in-time
Limited Partners, units outstanding	`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`	$22.00K	USD	Point-in-time
Total Assets	`Assets`	$27.01K	USD	Point-in-time
Accrued fees and expenses due to General Partner and affiliates (Note 3)	`DueToRelatedPartiesCurrentAndNoncurrent`	$1.14M	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`	$1.14M	USD	Point-in-time
Total Liabilities	`Liabilities`	$1.06M	USD	Point-in-time
General Partner	`GeneralPartnersCapitalAccount`	$4.64K	USD	Point-in-time
General Partner	`GeneralPartnersCapitalAccount`	$3.90K	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
Limited Partners (25,000 Partnership Units authorized; 25,000 Partnership Units issued and outstanding)	`LimitedPartnersCapitalAccount`	$-1.12M	USD	Point-in-time
Total Partners' Equity (Deficit)	`PartnersCapital`	$-1.04M	USD	Point-in-time
Total Partners' Equity (Deficit)	`PartnersCapital`	$-1.11M	USD	Point-in-time
Total Liabilities and Partners' Equity (Deficit)	`LiabilitiesAndStockholdersEquity`	$27.01K	USD	Point-in-time
Total Liabilities and Partners' Equity (Deficit)	`LiabilitiesAndStockholdersEquity`	$22.00K	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Reporting fees	`RevenueFromRelatedParties`	$2.20K	USD	3 Qtrs
Reporting fees	`RevenueFromRelatedParties`	-	USD	3 Qtrs
Reporting fees	`RevenueFromRelatedParties`	-	USD	1 Quarter
Reporting fees	`RevenueFromRelatedParties`	$2.20K	USD	1 Quarter
Total operating income	`GrossProfit`	$2.20K	USD	3 Qtrs
Total operating income	`GrossProfit`	$2.20K	USD	1 Quarter
Total operating income	`GrossProfit`	-	USD	3 Qtrs
Total operating income	`GrossProfit`	-	USD	1 Quarter
Asset management fees (Note 3)	`AssetManagementCosts`	$12.11K	USD	1 Quarter
Asset management fees (Note 3)	`AssetManagementCosts`	$15.15K	USD	1 Quarter
Asset management fees (Note 3)	`AssetManagementCosts`	$41.39K	USD	3 Qtrs
Asset management fees (Note 3)	`AssetManagementCosts`	$45.44K	USD	3 Qtrs
Legal and accounting fees	`ProfessionalFees`	$4.48K	USD	1 Quarter
Legal and accounting fees	`ProfessionalFees`	$42.71K	USD	3 Qtrs
Legal and accounting fees	`ProfessionalFees`	$43.73K	USD	3 Qtrs
Legal and accounting fees	`ProfessionalFees`	$13.12K	USD	1 Quarter
Other	`OtherCostAndExpenseOperating`	$13.35K	USD	3 Qtrs
Other	`OtherCostAndExpenseOperating`	$8.82K	USD	1 Quarter
Other	`OtherCostAndExpenseOperating`	$20.94K	USD	3 Qtrs
Other	`OtherCostAndExpenseOperating`	$1.65K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$37.09K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$98.48K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$18.24K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$109.09K	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-106.89K	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-18.24K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-98.48K	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-34.89K	USD	1 Quarter
Gain on sale of Local Limited Partnerships	`GainLossOnSaleOfBusiness`	-	USD	3 Qtrs
Gain on sale of Local Limited Partnerships	`GainLossOnSaleOfBusiness`	-	USD	1 Quarter
Gain on sale of Local Limited Partnerships	`GainLossOnSaleOfBusiness`	$24.31K	USD	3 Qtrs
Gain on sale of Local Limited Partnerships	`GainLossOnSaleOfBusiness`	-	USD	1 Quarter
Interest income	`InvestmentIncomeNet`	$1.00	USD	1 Quarter
Interest income	`InvestmentIncomeNet`	$1.00	USD	1 Quarter
Interest income	`InvestmentIncomeNet`	$4.00	USD	3 Qtrs
Interest income	`InvestmentIncomeNet`	$2.00	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-18.24K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-34.89K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-106.89K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-74.16K	USD	3 Qtrs
General Partner	`NetIncomeLossAllocatedToGeneralPartners`	$-182.00	USD	1 Quarter
General Partner	`NetIncomeLossAllocatedToGeneralPartners`	$-348.00	USD	1 Quarter
General Partner	`NetIncomeLossAllocatedToGeneralPartners`	$-1.07K	USD	3 Qtrs
General Partner	`NetIncomeLossAllocatedToGeneralPartners`	$-742.00	USD	3 Qtrs
Limited Partners	`NetIncomeLossAllocatedToLimitedPartners`	$-105.82K	USD	3 Qtrs
Limited Partners	`NetIncomeLossAllocatedToLimitedPartners`	$-18.06K	USD	1 Quarter
Limited Partners	`NetIncomeLossAllocatedToLimitedPartners`	$-73.42K	USD	3 Qtrs
Limited Partners	`NetIncomeLossAllocatedToLimitedPartners`	$-34.54K	USD	1 Quarter
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`	$-3.00	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	3 Qtrs
Outstanding weighted Partnership Units	`WeightedAverageLimitedPartnershipUnitsOutstanding`	25,000.00	shares	1 Quarter

Cash Flow Statement 32 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-18.24K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-34.89K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-106.89K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-74.16K	USD	3 Qtrs
Gain on sale of Local Limited Partnerships	`GainLossOnSaleOfBusiness`	-	USD	3 Qtrs
Gain on sale of Local Limited Partnerships	`GainLossOnSaleOfBusiness`	-	USD	1 Quarter
Gain on sale of Local Limited Partnerships	`GainLossOnSaleOfBusiness`	$24.31K	USD	3 Qtrs
Gain on sale of Local Limited Partnerships	`GainLossOnSaleOfBusiness`	-	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`	$79.16K	USD	3 Qtrs
Net cash provided by investing activities:	`NetCashProvidedByUsedInOperatingActivities`	$-19.31K	USD	3 Qtrs
Net cash provided by investing activities:	`NetCashProvidedByUsedInOperatingActivities`	$-7.80K	USD	3 Qtrs
Proceeds from sale of investments in Local Limited Partnerships	`ProceedsFromDivestitureOfInterestInJointVenture`	$24.31K	USD	3 Qtrs
Proceeds from sale of investments in Local Limited Partnerships	`ProceedsFromDivestitureOfInterestInJointVenture`	-	USD	3 Qtrs
Net cash provided by investing activities:	`NetCashProvidedByUsedInInvestingActivities`	$24.31K	USD	3 Qtrs
Net cash provided by investing activities:	`NetCashProvidedByUsedInInvestingActivities`	-	USD	3 Qtrs
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-7.80K	USD	3 Qtrs
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$5.00K	USD	3 Qtrs
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$22.00K	USD	Point-in-time
Cash, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$22.00K	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, end of period	`CashAndCashEquivalentsAtCarryingValue`	$22.00K	USD	Point-in-time
Cash, end of period	`CashAndCashEquivalentsAtCarryingValue`	$22.00K	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
Taxes paid	`IncomeTaxesPaidNet`	-	USD	3 Qtrs
Taxes paid	`IncomeTaxesPaidNet`	-	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.	`DebtInstrumentDecreaseForgiveness`	-	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.	`DebtInstrumentDecreaseForgiveness`	$80.00K	USD	3 Qtrs

Stockholders Equity 8 line items

Line Item	Tag	Value	Unit	Period
Partners' equity (deficit)	`PartnersCapital`	$-1.04M	USD	Point-in-time
Partners' equity (deficit)	`PartnersCapital`	$-1.11M	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-18.24K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-34.89K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-106.89K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-74.16K	USD	3 Qtrs
Partners' equity (deficit)	`PartnersCapital`	$-1.04M	USD	Point-in-time
Partners' equity (deficit)	`PartnersCapital`	$-1.11M	USD	Point-in-time

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