| Balance Sheets |  | 
 | Assets |  | 
 | Cash - operating | 495 | 
 | Cash and cash equivalents - reserve fund | 7,348 | 
 | Bank certificates of deposits - reserve fund | 2,752 | 
 | Due from shareholders | 539 | 
 | Due from commercial tenants | 171 | 
 | Other receivables | 16 | 
 | Prepaid real estate taxes | -0- | 
 | Prepaid expenses | 258 | 
 | Property and equipment - net | 35,063 | 
 | Investment in NCB stock | 110 | 
 | Security deposits held | 1,408 | 
 | Total Assets | 48,160 | 
 | Liabilities and Shareholders' Equity |  | 
 | Liabilities |  | 
 | Accounts payable and accrued expenses | 832 | 
 | Capital improvements payable | -0- | 
 | Abatements payable | 1,150 | 
 | Maintenance charges received in advance | 67 | 
 | Deferred commercial rent | 604 | 
 | Mortgage payable | 39,770 | 
 | Less: Mortgage costs - net | (290) | 
 | Security deposits payable | 1,408 | 
 | Total Liabilities | 43,541 | 
 | Shareholders' Equity |  | 
 | Capital stock | 1,094 | 
 | Additional paid-in capital | 68,926 | 
 | Retained earnings (deficit) | (65,401) | 
 | Total Shareholders' Equity | 4,619 | 
 | Total Liabilities and Shareholders' Equity | 48,160 |