Northland Cable Properties Eight Limited Partnership (NCPE) 10-Q 9 May 14 2014 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Mar. 31, 2014
Document And Entity Information [Abstract]	'
Document Type	'10-Q
Amendment Flag	'false
Document Period End Date	31-Mar-14
Document Fiscal Year Focus	'2014
Document Fiscal Period Focus	'Q1
Trading Symbol	'ncpe
Entity Registrant Name	'NORTHLAND CABLE PROPERTIES EIGHT LIMITED PARTNERSHIP
Entity Central Index Key	'0000843368
Current Fiscal Year End Date	'--12-31
Entity Filer Category	'Smaller Reporting Company
Entity Common Stock, Shares Outstanding	0

Condensed_Balance_Sheets_Unaud

Condensed Balance Sheets - (Unaudited) (USD $)	Mar. 31, 2014	Dec. 31, 2013
ASSETS	'	'
Cash	$102,423	$144,373
Accounts receivable, net of allowance of $7,500 and $8,000 in 2014 and 2013, respectively	89,006	101,777
Due from affiliates	4,762	16,613
Prepaid expenses	161,496	44,586
Property and equipment, net of accumulated depreciation of $11,431,551, and $11,289,448, respectively	2,629,635	2,629,551
Franchise agreements, net of accumulated amortization of $1,907,136	2,292,704	2,292,704
Total assets	5,280,026	5,229,604
LIABILITIES AND PARTNERS' CAPITAL	'	'
Accounts payable and accrued expenses	326,655	325,181
Due to General Partner and affiliates	54,980	53,163
Deposits	9,540	9,465
Subscriber prepayments	186,519	192,433
Total liabilities	577,694	580,242
General Partner:	'	'
Contributed capital, net	1,000	1,000
Accumulated deficit	-33,966	-34,496
Total general partner	-32,966	-33,496
Limited Partners:	'	'
Contributed capital, net (19,087 units)	8,097,798	8,097,798
Accumulated deficit	-3,362,500	-3,414,940
Total limited partners	4,735,298	4,682,858
Total partners' capital	4,702,332	4,649,362
Total liabilities and partners' capital	$5,280,026	$5,229,604

Condensed_Balance_Sheets_Unaud1

Condensed Balance Sheets - (Unaudited) (Parenthetical) (USD $)	Mar. 31, 2014	Dec. 31, 2013
Statement Of Financial Position [Abstract]	'	'
Allowance for accounts receivable	$7,500	$8,000
Accumulated depreciation for property and equipment	11,431,551	11,289,448
Accumulated amortization for franchise agreements	$1,907,136	$1,907,136
Contributed capital, units	19,087	19,087

Condensed_Statements_of_Operat

Condensed Statements of Operations - (Unaudited) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Income Statement [Abstract]	'	'
Service revenues	$1,147,210	$1,114,731
Expenses:	'	'
Cable system operations / cost of revenue (including $17,044, and $16,276 to affiliates in 2014 and 2013, respectively), excluding depreciation shown below	117,499	124,504
General and administrative (including $160,776, and $137,841 to affiliates in 2014 and 2013, respectively)	347,499	299,740
Programming / cost of revenue (including $19,392 and $9,726 to affiliates in 2014 and 2013, respectively)	487,144	434,610
Depreciation / cost of revenue	142,103	135,179
Total Expenses	1,094,245	994,033
Insurance proceeds	'	2,564
Income from operations	52,965	123,262
Other income (expense):	'	'
Interest expense and amortization of loan fees	'	-5,442
Other income (expenses) net of interest income	5	81
Total other income (expenses)	5	-5,361
Net income	52,970	117,901
Allocation of net income:	'	'
General Partner (1%)	530	1,179
Limited Partners (99%)	$52,440	$116,722
Net income per limited partnership unit: (19,087 units)	$3	$6

Condensed_Statements_of_Operat1

Condensed Statements of Operations - (Unaudited) (Parenthetical) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
Cable system operations cost related to affiliates	$117,499	$124,504
General and administrative related to affiliates	347,499	299,740
Programming cost attributable to affiliates	487,144	434,610
General partners percentage on net income loss	1.00%	1.00%
Limited partners percentage on net income loss	99.00%	99.00%
Limited partners' capital account, units	19,087	19,087
Affiliated Entity [Member]	'	'
Cable system operations cost related to affiliates	17,044	16,276
General and administrative related to affiliates	160,776	137,841
Programming cost attributable to affiliates	$19,392	$9,726

Condensed_Statements_of_Cash_F

Condensed Statements of Cash Flows - (Unaudited) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:	'	'
Net income	$52,970	$117,901
Adjustments to reconcile net income to cash provided by operating activities:	'	'
Depreciation	142,103	135,179
Amortization of loan fees	'	1,007
Insurance proceeds	'	-2,564
(Increase) decrease in operating assets:	'	'
Accounts receivable	12,771	4,128
Due from affiliates	11,851	2,064
Prepaid expenses	-116,910	-31,409
Increase (decrease) in operating liabilities:	'	'
Accounts payable and accrued expenses	16,325	19,832
Due to General Partner and affiliates	23,381	32,086
Subscriber prepayments and deposits	-5,839	10,544
Net cash provided by operating activities	136,652	288,768
CASH FLOWS FROM INVESTING ACTIVITIES:	'	'
Purchase of property and equipment	-178,602	-135,373
Insurance proceeds	'	2,564
Net cash used in investing activities	-178,602	-132,809
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'
Distribution on behalf of limited partners for tax purposes	'	-4,720
Net cash used in financing activities	'	-4,720
(DECREASE) INCREASE IN CASH	-41,950	151,239
CASH, beginning of period	144,373	380,676
CASH, end of period	102,423	531,915
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:	'	'
Cash paid during the period for interest	'	2,908
Capital expenditures in accounts payable at March 31, 2014 and 2013	'	$25,906

Basis_of_Presentation

Basis of Presentation	3 Months Ended
	Mar. 31, 2014
Accounting Policies [Abstract]	'
Basis of Presentation	'
	-1	Basis of Presentation
	These unaudited condensed financial statements are being filed in conformity with Rule 10-01 of Regulation S-X regarding interim financial statement disclosure and do not contain all of the necessary footnote disclosures required for a full presentation of the balance sheets, statements of operations and statements of cash flows in conformity with accounting principles generally accepted in the United States of America. However, in the opinion of management, these statements include all adjustments, consisting only of normal recurring adjustments, necessary to present fairly the Partnership’s financial position at March 31, 2014, its statements of operations for the three months ended March 31, 2014 and 2013, and its statements of cash flows for the three months ended March 31, 2014 and 2013. Results of operations for these periods are not necessarily indicative of results to be expected for the full year. These financial statements and notes should be read in conjunction with the Partnership’s Annual Report on Form 10-K for the year ended December 31, 2013.

Intangible_Assets

Intangible Assets	3 Months Ended
	Mar. 31, 2014
Goodwill And Intangible Assets Disclosure [Abstract]	'
Intangible Assets	'
	-2	Intangible Assets
	The Partnership does not amortize intangible assets determined to have indefinite lives. The Partnership has determined that its franchises meet the definition of indefinite lived assets. The Partnership tests these assets for impairment on an annual basis during the fourth quarter using financial information as of September 30th, or on an interim basis if an event occurs or circumstances change that would indicate the assets might be impaired. The Partnership’s test for impairment that was performed during the fourth quarter of 2013 indicated that the fair value of the assets exceeded their carrying value.

Term_Loan

Term Loan	3 Months Ended
	Mar. 31, 2014
Debt Disclosure [Abstract]	'
Term Loan	'
	-3	Term Loan
	The Partnership’s term loan matured and was paid in full on July 1, 2013.

Litigation

Litigation	3 Months Ended
	Mar. 31, 2014
Commitments And Contingencies Disclosure [Abstract]	'
Litigation	'
	-4	Litigation
	The Partnership is party to ordinary and routine litigation proceedings that are incidental to the Partnership’s business. Management believes that the outcome of all pending legal proceedings will not, individually or in the aggregate, have a material adverse effect on the Partnership, its financial statements or prospects.

Term_Loan_Additional_Informati

Term Loan - Additional Information (Detail)	3 Months Ended
	Mar. 31, 2014
Debt Disclosure [Abstract]	'
Credit agreement maturity date	1-Jul-13