| Document and Entity Information | 6 Months Ended |
| Jun. 30, 2016 | |
| Document And Entity Information | |
| Entity Registrant Name | SQN Asset Income Fund V, L.P. |
| Entity Central Index Key | 1,672,773 |
| Document Type | S-1/A |
| Document Period End Date | Jun. 30, 2016 |
| Amendment Flag | true |
| Amendment Description | Amendment No. 1 |
| Current Fiscal Year End Date | --12-31 |
| Entity Filer Category | Non-accelerated Filer |
| Balance Sheet | Jun. 30, 2016USD ($) |
| Assets | |
| Cash and cash equivalents | $ 2,100 |
| Total Assets | 2,100 |
| Liabilities: | |
| Loans Payable | 1,000 |
| Total Liabilities | 1,000 |
| Member's/Partners' Equity | |
| Equity - Limited Partners | 1,000 |
| Equity - General Partner | 100 |
| Total Partners' Equity attributable to the Partnership | 1,100 |
| Total Equity | 1,100 |
| Total Liabilities and Member's /Partners' Equity | 2,100 |
| SQN AIF V GP, LLC [Member] | |
| Assets | |
| Cash and cash equivalents | 1,000,000 |
| Investment in SQN Asset Income Fund V, L.P. | 100 |
| Due from SQN Asset Income Fund V, L.P. | 1,000 |
| Total Assets | 1,001,100 |
| Member's/Partners' Equity | |
| Member's equity | 1,001,100 |
| Total Liabilities and Member's /Partners' Equity | $ 1,001,100 |
| Organization and Nature of Operations | 6 Months Ended |
| Jun. 30, 2016 | |
| Organization and Nature of Operations | 1. Organization and Nature of Operations Nature of business and operations With the proceeds from the sale of limited partnership interests, the Partnership intends to invest in business-essential, revenue-producing (or cost-saving) equipment and other physical assets with substantial economic lives and, in many cases, associated revenue streams and for infrastructure and project financings. Many of the Partnerships investments will be structured as equipment leases, but may also include other structures, including, but not limited to, participation agreements, residual sharing agreements, project financings and vendor and rental programs. The General Partner will be responsible for the day-to-day operations and management of the Partnership. The Investment Manager will make investments on behalf of the Partnership and manage the investments of the Partnership. The Partnership will generate income through the collection of lease rentals and other revenues and through the sale of leased equipment and other portfolio investments. The Partnerships fiscal year ends on December 31. |
| SQN AIF V GP, LLC [Member] | |
| Organization and Nature of Operations | 1. Organization and Nature of Operations Nature of business and operations The LLC was formed during January 2016, as a Delaware limited liability company. The LLC manages and controls the business affairs of the Managed Fund, including, but not limited to, the investments that the Managed Fund makes, pursuant to the terms of the Managed Funds limited partnership agreement. The Managed Fund filed a registration statement (Form S-1) with the Securities and Exchange Commission on May 26, 2016 and is awaiting its effectiveness. The Managed Fund will operate as a publicly registered equipment leasing and finance fund for the purpose of investing in a diverse pool of business-essential equipment and physical assets. The LLC will be entitled to 1% of the Managed Funds profits, losses, cash distributions and liquidation proceeds. The LLC will also have a promotional interest in the Managed Fund equal to 20% of all distributed distributable cash after the Managed Fund has provided a return to its Limited Partners of their respective capital contributions plus an 8% per annum, cumulative return, compounded annually on their capital contributions. The LLCs fiscal year ends on December 31. |
| Summary of Significant Accounting Policies | 6 Months Ended |
| Jun. 30, 2016 | |
| Summary of Significant Accounting Policies | 2. Summary of Significant Accounting Policies Basis of presentation Cash and cash equivalents The Partnerships cash and cash equivalents are held principally at one financial institution in the United States of America and at times the balances may exceed federally insured limits. Deferred charges Income taxes The Partnership has adopted the provisions of FASB Topic 740, Accounting for Uncertainty in Income Taxes. This accounting guidance prescribes recognition thresholds that must be met before a tax position is recognized in the financial statements and provides guidance on de-recognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. Additionally, an entity may only recognize or continue to recognize tax positions that meet a more likely than not threshold. The Partnership has evaluated its entity level tax position as of June 30, 2016 and does not expect any material adjustments to be made. Use of estimates |
| SQN AIF V GP, LLC [Member] | |
| Summary of Significant Accounting Policies | 2. Summary of Significant Accounting Policies Consolidation Basis of presentation Cash and cash equivalents The LLCs cash and cash equivalents are held principally at one financial institution in the United States of America and at times the balances may exceed federally insured limits. At June 30, 2016, the LLC had cash and cash equivalents of $1,000,000 held in one bank in the United States of America. Revenue recognition Income taxes The LLC has adopted the provisions of FASB Topic 740, Accounting for Uncertainty in Income Taxes. This accounting guidance prescribes recognition thresholds that must be met before a tax position is recognized in the financial statements and provides guidance on de-recognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. Additionally, an entity may only recognize or continue to recognize tax positions that meet a more likely than not threshold. The LLC has evaluated its entity level tax position as of June 30, 2016 and does not expect any material adjustments to be made. Use of estimates |
| Capital Contributions | 6 Months Ended |
| Jun. 30, 2016 | |
| Equity [Abstract] | |
| Capital Contributions | 3. Capital Contributions The General Partner has made the following cash payments to the Partnership: (i) a General Partner capital contribution of $100, and (ii) an additional $1,000 for any incidental costs which may arise which is shown as loans payable in the accompanying balance sheet. The Partnerships Investment Manager made the initial cash payment to the Partnership of $1,000 which was applied against the Investment Managers purchase of the initial Limited Partners interest in the Partnership. Once the Partnership completes its first closing and admits additional Limited Partners, the initial Limited Partner will be refunded its initial capital contribution. |
| Related Party Transactions | 6 Months Ended |
| Jun. 30, 2016 | |
| Related Party Transactions | 4. Related Party Transactions The Partnership has entered into certain agreements with the General Partner, the Investment Manager and SQN Securities, LLC, an affiliate of the General Partner that is acting as exclusive sales agent for the offering of the Partnerships limited partnership units, whereby the Partnership pays certain fees and reimbursements to these parties. Pursuant to the terms of the Partnership Agreement, the General Partner is entitled to (i) 1% of the Partnerships profits, losses, cash distributions and liquidation proceeds, and (ii) a promotional interest in the Partnership equal to 20% of all distributed distributable cash after the Partnership has provided a return to its Limited Partners of their respective capital contributions plus an 8% per annum, cumulative return, compounded annually on their capital contributions. In addition, the General Partner and its affiliates will be reimbursed for organizational and offering expenses incurred in connection with the Partnerships organization and offering of limited partnership units and certain administrative expenses incurred in connection with the Partnerships operations. Once the Partnership raises the minimum capital contributions of $1,200,000, fees and expenses associated with the Partnerships organization and offering costs will become reimbursable to the Partnerships General Partner and Investment Manager. |
| SQN AIF V GP, LLC [Member] | |
| Related Party Transactions | 3. Related Party Transactions The LLC may be reimbursed for expenses incurred on behalf of the Managed Fund for the organization and offering of the Managed Fund. The LLC is entitled to 1% of the Managed Funds profits, losses, cash distributions and liquidation proceeds and reimbursement for administrative expenses incurred in relation to the Managed Funds operations. The LLC also has a promotional interest in the Managed Fund equal to 20% of all distributed distributable cash after the Managed Fund has provided a return to its Limited Partners of their respective capital contributions plus an 8% per annum, cumulative return, compounded annually on their capital contributions. During the period ended June 30, 2016, Advisors made a capital contribution to the LLC totaling $1,001,100. At June 30, 2016, the LLC had a $100 investment in the Managed Fund, which represents the general partnership interest the LLC owns in the Managed Fund. At June 30, 2016, the LLC had advanced the Managed Fund an additional $1,000 as a loan for incidental costs. |
| Subsequent Events | 6 Months Ended |
| Jun. 30, 2016 | |
| Subsequent Events | 5. Subsequent Events The Partnership has evaluated all subsequent events from the date of the balance sheet through July 12, 2016, which represents the date these financial statements are available to be issued. There were no events or transactions occurring during the subsequent event reporting period which require recognition or disclosure in the financial statements, except as discussed above. |
| SQN AIF V GP, LLC [Member] | |
| Subsequent Events | 4. Subsequent Events The LLC has evaluated all subsequent events from the date of the balance sheet through July 12, 2016, which represents the date these financial statements are available to be issued. There were no events or transactions occurring during the subsequent event reporting period which require recognition or disclosure in the financial statements, except as discussed above. |
| Summary of Significant Accounting Policies (Policies) | 6 Months Ended |
| Jun. 30, 2016 | |
| Basis of Presentation | Basis of presentation |
| Cash and Cash Equivalents | Cash and cash equivalents The Partnerships cash and cash equivalents are held principally at one financial institution in the United States of America and at times the balances may exceed federally insured limits. |
| Income Taxes | Income taxes The Partnership has adopted the provisions of FASB Topic 740, Accounting for Uncertainty in Income Taxes. This accounting guidance prescribes recognition thresholds that must be met before a tax position is recognized in the financial statements and provides guidance on de-recognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. Additionally, an entity may only recognize or continue to recognize tax positions that meet a more likely than not threshold. The Partnership has evaluated its entity level tax position as of June 30, 2016 and does not expect any material adjustments to be made. |
| Use of Estimates | Use of estimates |
| Deferred Charges | Deferred charges |
| SQN AIF V GP, LLC [Member] | |
| Consolidation | Consolidation |
| Basis of Presentation | Basis of presentation |
| Cash and Cash Equivalents | Cash and cash equivalents The LLCs cash and cash equivalents are held principally at one financial institution in the United States of America and at times the balances may exceed federally insured limits. At June 30, 2016, the LLC had cash and cash equivalents of $1,000,000 held in one bank in the United States of America. |
| Revenue Recognition | Revenue recognition |
| Income Taxes | Income taxes The LLC has adopted the provisions of FASB Topic 740, Accounting for Uncertainty in Income Taxes. This accounting guidance prescribes recognition thresholds that must be met before a tax position is recognized in the financial statements and provides guidance on de-recognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. Additionally, an entity may only recognize or continue to recognize tax positions that meet a more likely than not threshold. The LLC has evaluated its entity level tax position as of June 30, 2016 and does not expect any material adjustments to be made. |
| Use of Estimates | Use of estimates |
| Organization and Nature of Operations (Details Narrative) | 6 Months Ended |
| Jun. 30, 2016USD ($)shares | |
| Percentage of entitled of managed funds profits, losses, cash distributions and liquidation proceeds | 1.00% |
| Percentage of distributed cash | 20.00% |
| Percentage of capital contributions | 8.00% |
| Limited partners capital | $ 1,000 |
| Limited partnership units | shares | 25,000,000 |
| Maximum [Member] | |
| Raising of capital contrbution | $ 250,000,000 |
| Minimum [Member] | |
| Raising of capital contrbution | $ 1,200,000 |
| SQN AIF V GP, LLC [Member] | |
| Percentage of entitled of managed funds profits, losses, cash distributions and liquidation proceeds | 1.00% |
| Percentage of distributed cash | 20.00% |
| Percentage of capital contributions | 8.00% |
| Summary of Significant Accounting Policies (Details Narrative) | Jun. 30, 2016USD ($) |
| Cash and cash equivalents | $ 2,100 |
| Percentage of entitled of managed funds profits, losses, cash distributions and liquidation proceeds | 1.00% |
| Percentage of distributed cash | 20.00% |
| Percentage of capital contributions | 8.00% |
| SQN AIF V GP, LLC [Member] | |
| Cash and cash equivalents | $ 1,000,000 |
| Percentage of entitled of managed funds profits, losses, cash distributions and liquidation proceeds | 1.00% |
| Percentage of distributed cash | 20.00% |
| Percentage of capital contributions | 8.00% |
| Capital Contributions (Details Narrative) | Jun. 30, 2016USD ($) |
| Equity [Abstract] | |
| General partner capital contribution | $ 100 |
| Loans payable | 1,000 |
| Initial cash payment to partnership | $ 1,000 |
| Related Party Transactions (Details Narrative) | 6 Months Ended |
| Jun. 30, 2016USD ($) | |
| Percentage of entitled of managed funds profits, losses, cash distributions and liquidation proceeds | 1.00% |
| Percentage of distributed cash | 20.00% |
| Percentage of capital contributions | 8.00% |
| Minimum [Member] | |
| Capital contributions | $ 1,200,000 |
| SQN AIF V GP, LLC [Member] | |
| Percentage of entitled of managed funds profits, losses, cash distributions and liquidation proceeds | 1.00% |
| Percentage of distributed cash | 20.00% |
| Percentage of capital contributions | 8.00% |
| Investment | $ 100 |
| Advanced from related parties | 1,000 |
| SQN AIF V GP, LLC [Member] | LLC [Member] | |
| Capital contributions | $ 1,001,100 |
