| Balance Sheets |
|
| Assets |
|
| Cash - operating |
398 |
| Cash and cash equivalents - reserve fund |
2,881 |
| Bank certificates of deposits - reserve fund |
152 |
| Due from shareholders |
127 |
| Due from commercial tenants |
97 |
| Other receivables |
36 |
| Prepaid real estate taxes |
1,723 |
| Prepaid expenses |
166 |
| Property and equipment - net |
19,290 |
| Investment in NCB stock |
60 |
| Security deposits held |
634 |
| Total Assets |
25,564 |
| Liabilities and Shareholders' Equity |
|
| Liabilities |
|
| Accounts payable and accrued expenses |
364 |
| Capital improvements payable |
986 |
| Abatements payable |
610 |
| Maintenance charges received in advance |
129 |
| Deferred commercial rent |
385 |
| Mortgage payable |
21,883 |
| Less: Mortgage costs - net |
(185) |
| Security deposits payable |
634 |
| Total Liabilities |
24,805 |
| Shareholders' Equity |
|
| Capital stock |
602 |
| Additional paid-in capital |
37,926 |
| Retained earnings (deficit) |
(37,768) |
| Total Shareholders' Equity |
760 |
| Total Liabilities and Shareholders' Equity |
25,564 |