| Balance Sheets |
|
| Assets |
|
| Cash - operating |
491 |
| Cash and cash equivalents - reserve fund |
3,558 |
| Bank certificates of deposits - reserve fund |
188 |
| Due from shareholders |
157 |
| Due from commercial tenants |
120 |
| Other receivables |
45 |
| Prepaid real estate taxes |
2,127 |
| Prepaid expenses |
204 |
| Property and equipment - net |
23,819 |
| Investment in NCB stock |
75 |
| Security deposits held |
783 |
| Total Assets |
31,567 |
| Liabilities and Shareholders' Equity |
|
| Liabilities |
|
| Accounts payable and accrued expenses |
449 |
| Capital improvements payable |
1,217 |
| Abatements payable |
753 |
| Maintenance charges received in advance |
159 |
| Deferred commercial rent |
475 |
| Mortgage payable |
27,021 |
| Less: Mortgage costs - net |
(228) |
| Security deposits payable |
783 |
| Total Liabilities |
30,629 |
| Shareholders' Equity |
|
| Capital stock |
743 |
| Additional paid-in capital |
46,830 |
| Retained earnings (deficit) |
(46,635) |
| Total Shareholders' Equity |
938 |
| Total Liabilities and Shareholders' Equity |
31,567 |