| Balance Sheets |
|
| Assets |
|
| Cash - operating |
509 |
| Cash and cash equivalents - reserve fund |
3,688 |
| Bank certificates of deposits - reserve fund |
195 |
| Due from shareholders |
163 |
| Due from commercial tenants |
125 |
| Other receivables |
47 |
| Prepaid real estate taxes |
2,205 |
| Prepaid expenses |
212 |
| Property and equipment - net |
24,691 |
| Investment in NCB stock |
77 |
| Security deposits held |
811 |
| Total Assets |
32,723 |
| Liabilities and Shareholders' Equity |
|
| Liabilities |
|
| Accounts payable and accrued expenses |
465 |
| Capital improvements payable |
1,262 |
| Abatements payable |
781 |
| Maintenance charges received in advance |
165 |
| Deferred commercial rent |
492 |
| Mortgage payable |
28,010 |
| Less: Mortgage costs - net |
(237) |
| Security deposits payable |
811 |
| Total Liabilities |
31,750 |
| Shareholders' Equity |
|
| Capital stock |
770 |
| Additional paid-in capital |
48,545 |
| Retained earnings (deficit) |
(48,343) |
| Total Shareholders' Equity |
972 |
| Total Liabilities and Shareholders' Equity |
32,723 |