| Balance Sheets |
|
| Assets |
|
| Cash - operating |
555 |
| Cash and cash equivalents - reserve fund |
4,024 |
| Bank certificates of deposits - reserve fund |
212 |
| Due from shareholders |
177 |
| Due from commercial tenants |
136 |
| Other receivables |
51 |
| Prepaid real estate taxes |
2,406 |
| Prepaid expenses |
231 |
| Property and equipment - net |
26,939 |
| Investment in NCB stock |
84 |
| Security deposits held |
885 |
| Total Assets |
35,701 |
| Liabilities and Shareholders' Equity |
|
| Liabilities |
|
| Accounts payable and accrued expenses |
508 |
| Capital improvements payable |
1,377 |
| Abatements payable |
852 |
| Maintenance charges received in advance |
180 |
| Deferred commercial rent |
537 |
| Mortgage payable |
30,560 |
| Less: Mortgage costs - net |
(258) |
| Security deposits payable |
885 |
| Total Liabilities |
34,641 |
| Shareholders' Equity |
|
| Capital stock |
840 |
| Additional paid-in capital |
52,964 |
| Retained earnings (deficit) |
(52,744) |
| Total Shareholders' Equity |
1,061 |
| Total Liabilities and Shareholders' Equity |
35,701 |