| Balance Sheets |
|
| Assets |
|
| Cash - operating |
488 |
| Cash and cash equivalents - reserve fund |
3,538 |
| Bank certificates of deposits - reserve fund |
187 |
| Due from shareholders |
156 |
| Due from commercial tenants |
120 |
| Other receivables |
45 |
| Prepaid real estate taxes |
2,115 |
| Prepaid expenses |
203 |
| Property and equipment - net |
23,685 |
| Investment in NCB stock |
74 |
| Security deposits held |
778 |
| Total Assets |
31,389 |
| Liabilities and Shareholders' Equity |
|
| Liabilities |
|
| Accounts payable and accrued expenses |
447 |
| Capital improvements payable |
1,210 |
| Abatements payable |
749 |
| Maintenance charges received in advance |
158 |
| Deferred commercial rent |
472 |
| Mortgage payable |
26,869 |
| Less: Mortgage costs - net |
(227) |
| Security deposits payable |
778 |
| Total Liabilities |
30,456 |
| Shareholders' Equity |
|
| Capital stock |
739 |
| Additional paid-in capital |
46,566 |
| Retained earnings (deficit) |
(46,372) |
| Total Shareholders' Equity |
933 |
| Total Liabilities and Shareholders' Equity |
31,389 |