XML 38 R3.htm IDEA: XBRL DOCUMENT v2.4.0.8
Commonwealth Income & Growth Fund VI - Statement of Operations (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Revenue        
Lease $ 1,001,450 $ 1,688,675 $ 2,340,537 $ 3,434,492
Interest and other 941 4,484 15,532 8,213
Gain on sale of investment in finance leases 728 0 728 0
Gain (loss) on sale of equipment (101,331) 25,342 (78,831) 39,305
Total revenue 901,788 1,718,501 2,277,966 3,482,010
Operating, excluding legal, depreciation 220,012 302,055 518,691 624,266
Equipment management fee, General Partner 50,279 84,988 117,692 172,832
Interest 2,514 6,730 5,634 14,388
Depreciation 964,351 1,309,245 2,060,205 2,644,699
Bad debt expense 0 20,143 0 50,143
Amortization of equipment acquisition costs and deferred expenses 37,236 64,361 80,141 139,113
Total expenses 1,274,392 1,787,522 2,782,363 3,645,441
Net Income (Loss) (372,604) (69,021) (504,397) (163,431)
Net income allocated to Limited Partners $ (381,584) $ (78,044) $ (522,358) $ (182,495)
Net income per equivalent Limited Partnership unit $ (0.21) $ (0.04) $ (0.29) $ (0.10)
Weighted average number of equivalent limited partnership units outstanding during the period 1,799,710 1,804,484 1,797,653 1,805,989