| Balance Sheets |
|
| Assets |
|
| Cash - operating |
282 |
| Cash and cash equivalents - reserve fund |
4,184 |
| Bank certificates of deposits - reserve fund |
1,567 |
| Due from shareholders |
307 |
| Due from commercial tenants |
97 |
| Other receivables |
9 |
| Prepaid real estate taxes |
-0- |
| Prepaid expenses |
147 |
| Property and equipment - net |
19,964 |
| Investment in NCB stock |
62 |
| Security deposits held |
802 |
| Total Assets |
27,421 |
| Liabilities and Shareholders' Equity |
|
| Liabilities |
|
| Accounts payable and accrued expenses |
474 |
| Capital improvements payable |
-0- |
| Abatements payable |
655 |
| Maintenance charges received in advance |
38 |
| Deferred commercial rent |
344 |
| Mortgage payable |
22,644 |
| Less: Mortgage costs - net |
(165) |
| Security deposits payable |
802 |
| Total Liabilities |
24,791 |
| Shareholders' Equity |
|
| Capital stock |
623 |
| Additional paid-in capital |
39,245 |
| Retained earnings (deficit) |
(37,238) |
| Total Shareholders' Equity |
2,630 |
| Total Liabilities and Shareholders' Equity |
27,421 |