| Balance Sheets |
|
| Assets |
|
| Cash - operating |
291 |
| Cash and cash equivalents - reserve fund |
4,325 |
| Bank certificates of deposits - reserve fund |
1,620 |
| Due from shareholders |
317 |
| Due from commercial tenants |
101 |
| Other receivables |
9 |
| Prepaid real estate taxes |
-0- |
| Prepaid expenses |
152 |
| Property and equipment - net |
20,635 |
| Investment in NCB stock |
65 |
| Security deposits held |
829 |
| Total Assets |
28,343 |
| Liabilities and Shareholders' Equity |
|
| Liabilities |
|
| Accounts payable and accrued expenses |
490 |
| Capital improvements payable |
-0- |
| Abatements payable |
677 |
| Maintenance charges received in advance |
39 |
| Deferred commercial rent |
356 |
| Mortgage payable |
23,405 |
| Less: Mortgage costs - net |
(170) |
| Security deposits payable |
829 |
| Total Liabilities |
25,625 |
| Shareholders' Equity |
|
| Capital stock |
644 |
| Additional paid-in capital |
40,564 |
| Retained earnings (deficit) |
(38,490) |
| Total Shareholders' Equity |
2,718 |
| Total Liabilities and Shareholders' Equity |
28,343 |