| Balance Sheets |
|
| Assets |
|
| Cash - operating |
367 |
| Cash and cash equivalents - reserve fund |
2,656 |
| Bank certificates of deposits - reserve fund |
140 |
| Due from shareholders |
117 |
| Due from commercial tenants |
90 |
| Other receivables |
34 |
| Prepaid real estate taxes |
1,588 |
| Prepaid expenses |
153 |
| Property and equipment - net |
17,780 |
| Investment in NCB stock |
56 |
| Security deposits held |
584 |
| Total Assets |
23,564 |
| Liabilities and Shareholders' Equity |
|
| Liabilities |
|
| Accounts payable and accrued expenses |
335 |
| Capital improvements payable |
909 |
| Abatements payable |
562 |
| Maintenance charges received in advance |
119 |
| Deferred commercial rent |
355 |
| Mortgage payable |
20,170 |
| Less: Mortgage costs - net |
(171) |
| Security deposits payable |
584 |
| Total Liabilities |
22,864 |
| Shareholders' Equity |
|
| Capital stock |
555 |
| Additional paid-in capital |
34,958 |
| Retained earnings (deficit) |
(34,812) |
| Total Shareholders' Equity |
700 |
| Total Liabilities and Shareholders' Equity |
23,564 |