| Balance Sheets |
|
| Assets |
|
| Cash - operating |
486 |
| Cash and cash equivalents - reserve fund |
3,523 |
| Bank certificates of deposits - reserve fund |
186 |
| Due from shareholders |
155 |
| Due from commercial tenants |
119 |
| Other receivables |
45 |
| Prepaid real estate taxes |
2,106 |
| Prepaid expenses |
202 |
| Property and equipment - net |
23,584 |
| Investment in NCB stock |
74 |
| Security deposits held |
775 |
| Total Assets |
31,255 |
| Liabilities and Shareholders' Equity |
|
| Liabilities |
|
| Accounts payable and accrued expenses |
445 |
| Capital improvements payable |
1,205 |
| Abatements payable |
746 |
| Maintenance charges received in advance |
158 |
| Deferred commercial rent |
470 |
| Mortgage payable |
26,754 |
| Less: Mortgage costs - net |
(226) |
| Security deposits payable |
775 |
| Total Liabilities |
30,327 |
| Shareholders' Equity |
|
| Capital stock |
736 |
| Additional paid-in capital |
46,368 |
| Retained earnings (deficit) |
(46,175) |
| Total Shareholders' Equity |
929 |
| Total Liabilities and Shareholders' Equity |
31,255 |