| Balance Sheets |
|
| Assets |
|
| Cash - operating |
411 |
| Cash and cash equivalents - reserve fund |
2,982 |
| Bank certificates of deposits - reserve fund |
157 |
| Due from shareholders |
131 |
| Due from commercial tenants |
101 |
| Other receivables |
38 |
| Prepaid real estate taxes |
1,783 |
| Prepaid expenses |
171 |
| Property and equipment - net |
19,961 |
| Investment in NCB stock |
62 |
| Security deposits held |
656 |
| Total Assets |
26,454 |
| Liabilities and Shareholders' Equity |
|
| Liabilities |
|
| Accounts payable and accrued expenses |
376 |
| Capital improvements payable |
1,020 |
| Abatements payable |
631 |
| Maintenance charges received in advance |
133 |
| Deferred commercial rent |
398 |
| Mortgage payable |
22,644 |
| Less: Mortgage costs - net |
(191) |
| Security deposits payable |
656 |
| Total Liabilities |
25,668 |
| Shareholders' Equity |
|
| Capital stock |
623 |
| Additional paid-in capital |
39,245 |
| Retained earnings (deficit) |
(39,082) |
| Total Shareholders' Equity |
786 |
| Total Liabilities and Shareholders' Equity |
26,454 |