| Balance Sheets |
|
| Assets |
|
| Cash - operating |
425 |
| Cash and cash equivalents - reserve fund |
3,082 |
| Bank certificates of deposits - reserve fund |
163 |
| Due from shareholders |
136 |
| Due from commercial tenants |
104 |
| Other receivables |
39 |
| Prepaid real estate taxes |
1,843 |
| Prepaid expenses |
177 |
| Property and equipment - net |
20,632 |
| Investment in NCB stock |
65 |
| Security deposits held |
678 |
| Total Assets |
27,343 |
| Liabilities and Shareholders' Equity |
|
| Liabilities |
|
| Accounts payable and accrued expenses |
389 |
| Capital improvements payable |
1,054 |
| Abatements payable |
653 |
| Maintenance charges received in advance |
138 |
| Deferred commercial rent |
411 |
| Mortgage payable |
23,405 |
| Less: Mortgage costs - net |
(198) |
| Security deposits payable |
678 |
| Total Liabilities |
26,530 |
| Shareholders' Equity |
|
| Capital stock |
644 |
| Additional paid-in capital |
40,564 |
| Retained earnings (deficit) |
(40,395) |
| Total Shareholders' Equity |
812 |
| Total Liabilities and Shareholders' Equity |
27,343 |