| Balance Sheets |
|
| Assets |
|
| Cash - operating |
439 |
| Cash and cash equivalents - reserve fund |
3,182 |
| Bank certificates of deposits - reserve fund |
168 |
| Due from shareholders |
140 |
| Due from commercial tenants |
107 |
| Other receivables |
40 |
| Prepaid real estate taxes |
1,903 |
| Prepaid expenses |
183 |
| Property and equipment - net |
21,303 |
| Investment in NCB stock |
67 |
| Security deposits held |
700 |
| Total Assets |
28,232 |
| Liabilities and Shareholders' Equity |
|
| Liabilities |
|
| Accounts payable and accrued expenses |
402 |
| Capital improvements payable |
1,089 |
| Abatements payable |
674 |
| Maintenance charges received in advance |
142 |
| Deferred commercial rent |
425 |
| Mortgage payable |
24,166 |
| Less: Mortgage costs - net |
(204) |
| Security deposits payable |
700 |
| Total Liabilities |
27,393 |
| Shareholders' Equity |
|
| Capital stock |
665 |
| Additional paid-in capital |
41,883 |
| Retained earnings (deficit) |
(41,709) |
| Total Shareholders' Equity |
839 |
| Total Liabilities and Shareholders' Equity |
28,232 |