| Balance Sheets |
|
| Assets |
|
| Cash - operating |
338 |
| Cash and cash equivalents - reserve fund |
5,014 |
| Bank certificates of deposits - reserve fund |
1,878 |
| Due from shareholders |
368 |
| Due from commercial tenants |
117 |
| Other receivables |
11 |
| Prepaid real estate taxes |
-0- |
| Prepaid expenses |
176 |
| Property and equipment - net |
23,923 |
| Investment in NCB stock |
75 |
| Security deposits held |
961 |
| Total Assets |
32,859 |
| Liabilities and Shareholders' Equity |
|
| Liabilities |
|
| Accounts payable and accrued expenses |
568 |
| Capital improvements payable |
-0- |
| Abatements payable |
785 |
| Maintenance charges received in advance |
46 |
| Deferred commercial rent |
412 |
| Mortgage payable |
27,135 |
| Less: Mortgage costs - net |
(198) |
| Security deposits payable |
961 |
| Total Liabilities |
29,708 |
| Shareholders' Equity |
|
| Capital stock |
746 |
| Additional paid-in capital |
47,028 |
| Retained earnings (deficit) |
(44,623) |
| Total Shareholders' Equity |
3,151 |
| Total Liabilities and Shareholders' Equity |
32,859 |