2.4.0.800000018 - Disclosure - Business Concentrationstruefalsefalse1false falsefalseFrom2013-01-01to2013-06-30http://www.sec.gov/CIK0001489367duration2013-01-01T00:00:002013-06-30T00:00:001true 1sqnf_BusinessConcentrationsAbstractsqnf_falsenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse0Business Concentrations2false 2us-gaap_ConcentrationRiskDisclosureTextBlockus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalseverboseLabel1falsefalsefalse00<div><table align="center" border="0" cellpadding="0" cellspacing="0" id="hangingindent" style="width: 100%; font: 10pt times new roman; font-size: 10pt; font-family: times new roman"><tr style="vertical-align: top"><td style="text-align: left; width: 18pt"><div style="text-align: left; text-indent: 0pt; margin-left: 0pt; margin-right: 0pt"><font style="display: inline; font: bold 10pt Times New Roman">12.</font></div> </td> <td> <div style="text-align: justify"><font style="display: inline; font: bold 10pt Times New Roman">Business Concentrations</font></div> </td> </tr></table> </div> <div style="text-indent: 0pt; display: block"><br /> </div> <div style="text-indent: 0pt; display: block; margin-left: 18pt; margin-right: 0pt; text-align: justify"><font style="display: inline; font: 10pt Times New Roman">For the three months ended June 30, 2013 and 2012, the Partnership had three lessee’s which accounted for approximately 52% of the Partnership’s income derived from leasing activities and two lessee’s which accounted for approximately 41% of the Partnership’s income derived from leasing activities, respectively. For the six months ended June 30, 2013 and 2012, the Partnership had four lessee’s which accounted for approximately 72% of the Partnership’s income derived from leasing activities and four lessee’s which accounted for approximately 91% of the Partnership’s income derived from leasing activities, respectively.</font></div> <div style="text-indent: 0pt; display: block"><br /> </div> <div style="text-indent: 0pt; display: block; margin-left: 18pt; margin-right: 0pt; text-align: justify"><font style="display: inline; font: 10pt Times New Roman">At June 30, 2013, the Partnership had five lessee’s which accounted for approximately 71% of the Partnership’s investment in finance leases. At June 30, 2013, the Partnership had four lessee’s which accounted for approximately 93% of the Partnerships investment in equipment subject to operating leases. At June 30, 2013, the Partnership had three lessee’s which accounted for 100% of the Partnership’s residual value investments in equipment on lease. At June 30, 2013, the Partnership’s convertible note receivable was with a single debtor and 100% of the equipment notes receivable are with three debtors.</font></div> <div style="text-indent: 0pt; display: block"><br /> </div> <div style="text-indent: 0pt; display: block; margin-left: 18pt; margin-right: 0pt; text-align: justify"><font style="display: inline; font: 10pt Times New Roman">For the six months ended June 30, 2013 and 2012, approximately 75% and 100%, respectively, of the equipment leasing and financing transactions the Partnership entered into were originated by SAM. The Partnership paid a total of $13,394,320 and $4,433,213, respectively, to acquire these equipment leases and financing transactions.</font></div>falsefalsefalsenonnum:textBlockItemTypenaThe entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 275 -SubTopic 10 -Section 50 -Paragraph 16 -URI http://asc.fasb.org/extlink&oid=6927468&loc=d3e6327-108592 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 275 -SubTopic 10 -Section 50 -Paragraph 20 -URI http://asc.fasb.org/extlink&oid=6927468&loc=d3e6404-108592 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 20 -URI http://asc.fasb.org/extlink&oid=28364263&loc=d3e13531-108611 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 275 -SubTopic 10 -Section 50 -Paragraph 18 -URI http://asc.fasb.org/extlink&oid=6927468&loc=d3e6351-108592 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 21 -URI http://asc.fasb.org/extlink&oid=28364263&loc=d3e13537-108611 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 275 -SubTopic 10 -Section 50 -Paragraph 21 -URI http://asc.fasb.org/extlink&oid=6927468&loc=d3e6442-108592 false0Business ConcentrationsfalseBusiness ConcentrationsUnKnownUnKnownUnKnownUnKnowntruefalsefalseSheethttp://sqncapital.com/role/BusinessConcentrations12