| Balance Sheets |
|
| Assets |
|
| Cash - operating |
471 |
| Cash and cash equivalents - reserve fund |
3,413 |
| Bank certificates of deposits - reserve fund |
180 |
| Due from shareholders |
150 |
| Due from commercial tenants |
115 |
| Other receivables |
43 |
| Prepaid real estate taxes |
2,040 |
| Prepaid expenses |
196 |
| Property and equipment - net |
22,846 |
| Investment in NCB stock |
71 |
| Security deposits held |
751 |
| Total Assets |
30,277 |
| Liabilities and Shareholders' Equity |
|
| Liabilities |
|
| Accounts payable and accrued expenses |
431 |
| Capital improvements payable |
1,167 |
| Abatements payable |
723 |
| Maintenance charges received in advance |
153 |
| Deferred commercial rent |
456 |
| Mortgage payable |
25,917 |
| Less: Mortgage costs - net |
(219) |
| Security deposits payable |
751 |
| Total Liabilities |
29,378 |
| Shareholders' Equity |
|
| Capital stock |
713 |
| Additional paid-in capital |
44,917 |
| Retained earnings (deficit) |
(44,730) |
| Total Shareholders' Equity |
900 |
| Total Liabilities and Shareholders' Equity |
30,277 |