| Balance Sheets |
|
| Assets |
|
| Cash - operating |
195 |
| Cash and cash equivalents - reserve fund |
2,890 |
| Bank certificates of deposits - reserve fund |
1,082 |
| Due from shareholders |
212 |
| Due from commercial tenants |
67 |
| Other receivables |
6 |
| Prepaid real estate taxes |
-0- |
| Prepaid expenses |
102 |
| Property and equipment - net |
13,790 |
| Investment in NCB stock |
43 |
| Security deposits held |
554 |
| Total Assets |
18,941 |
| Liabilities and Shareholders' Equity |
|
| Liabilities |
|
| Accounts payable and accrued expenses |
327 |
| Capital improvements payable |
-0- |
| Abatements payable |
452 |
| Maintenance charges received in advance |
26 |
| Deferred commercial rent |
238 |
| Mortgage payable |
15,642 |
| Less: Mortgage costs - net |
(114) |
| Security deposits payable |
554 |
| Total Liabilities |
17,125 |
| Shareholders' Equity |
|
| Capital stock |
430 |
| Additional paid-in capital |
27,109 |
| Retained earnings (deficit) |
(25,722) |
| Total Shareholders' Equity |
1,816 |
| Total Liabilities and Shareholders' Equity |
18,941 |