| Balance Sheets |
|
| Assets |
|
| Cash - operating |
519 |
| Cash and cash equivalents - reserve fund |
3,758 |
| Bank certificates of deposits - reserve fund |
198 |
| Due from shareholders |
166 |
| Due from commercial tenants |
127 |
| Other receivables |
48 |
| Prepaid real estate taxes |
2,247 |
| Prepaid expenses |
216 |
| Property and equipment - net |
25,161 |
| Investment in NCB stock |
79 |
| Security deposits held |
827 |
| Total Assets |
33,345 |
| Liabilities and Shareholders' Equity |
|
| Liabilities |
|
| Accounts payable and accrued expenses |
474 |
| Capital improvements payable |
1,286 |
| Abatements payable |
796 |
| Maintenance charges received in advance |
168 |
| Deferred commercial rent |
502 |
| Mortgage payable |
28,543 |
| Less: Mortgage costs - net |
(241) |
| Security deposits payable |
827 |
| Total Liabilities |
32,354 |
| Shareholders' Equity |
|
| Capital stock |
785 |
| Additional paid-in capital |
49,468 |
| Retained earnings (deficit) |
(49,262) |
| Total Shareholders' Equity |
991 |
| Total Liabilities and Shareholders' Equity |
33,345 |