| Balance Sheets |
|
| Assets |
|
| Cash - operating |
327 |
| Cash and cash equivalents - reserve fund |
4,859 |
| Bank certificates of deposits - reserve fund |
1,820 |
| Due from shareholders |
357 |
| Due from commercial tenants |
113 |
| Other receivables |
10 |
| Prepaid real estate taxes |
-0- |
| Prepaid expenses |
171 |
| Property and equipment - net |
23,185 |
| Investment in NCB stock |
73 |
| Security deposits held |
931 |
| Total Assets |
31,845 |
| Liabilities and Shareholders' Equity |
|
| Liabilities |
|
| Accounts payable and accrued expenses |
550 |
| Capital improvements payable |
-0- |
| Abatements payable |
760 |
| Maintenance charges received in advance |
44 |
| Deferred commercial rent |
400 |
| Mortgage payable |
26,298 |
| Less: Mortgage costs - net |
(192) |
| Security deposits payable |
931 |
| Total Liabilities |
28,791 |
| Shareholders' Equity |
|
| Capital stock |
723 |
| Additional paid-in capital |
45,577 |
| Retained earnings (deficit) |
(43,246) |
| Total Shareholders' Equity |
3,054 |
| Total Liabilities and Shareholders' Equity |
31,845 |