| Balance Sheets |
|
| Assets |
|
| Cash - operating |
478 |
| Cash and cash equivalents - reserve fund |
3,463 |
| Bank certificates of deposits - reserve fund |
183 |
| Due from shareholders |
153 |
| Due from commercial tenants |
117 |
| Other receivables |
44 |
| Prepaid real estate taxes |
2,070 |
| Prepaid expenses |
199 |
| Property and equipment - net |
23,182 |
| Investment in NCB stock |
73 |
| Security deposits held |
762 |
| Total Assets |
30,722 |
| Liabilities and Shareholders' Equity |
|
| Liabilities |
|
| Accounts payable and accrued expenses |
437 |
| Capital improvements payable |
1,185 |
| Abatements payable |
733 |
| Maintenance charges received in advance |
155 |
| Deferred commercial rent |
462 |
| Mortgage payable |
26,298 |
| Less: Mortgage costs - net |
(222) |
| Security deposits payable |
762 |
| Total Liabilities |
29,809 |
| Shareholders' Equity |
|
| Capital stock |
723 |
| Additional paid-in capital |
45,577 |
| Retained earnings (deficit) |
(45,387) |
| Total Shareholders' Equity |
913 |
| Total Liabilities and Shareholders' Equity |
30,722 |