| Balance Sheets |
|
| Assets |
|
| Cash - operating |
493 |
| Cash and cash equivalents - reserve fund |
3,573 |
| Bank certificates of deposits - reserve fund |
188 |
| Due from shareholders |
158 |
| Due from commercial tenants |
121 |
| Other receivables |
45 |
| Prepaid real estate taxes |
2,136 |
| Prepaid expenses |
205 |
| Property and equipment - net |
23,920 |
| Investment in NCB stock |
75 |
| Security deposits held |
786 |
| Total Assets |
31,700 |
| Liabilities and Shareholders' Equity |
|
| Liabilities |
|
| Accounts payable and accrued expenses |
451 |
| Capital improvements payable |
1,222 |
| Abatements payable |
757 |
| Maintenance charges received in advance |
160 |
| Deferred commercial rent |
477 |
| Mortgage payable |
27,135 |
| Less: Mortgage costs - net |
(229) |
| Security deposits payable |
786 |
| Total Liabilities |
30,758 |
| Shareholders' Equity |
|
| Capital stock |
746 |
| Additional paid-in capital |
47,028 |
| Retained earnings (deficit) |
(46,832) |
| Total Shareholders' Equity |
942 |
| Total Liabilities and Shareholders' Equity |
31,700 |