| Balance Sheets |
|
| Assets |
|
| Cash - operating |
304 |
| Cash and cash equivalents - reserve fund |
2,205 |
| Bank certificates of deposits - reserve fund |
116 |
| Due from shareholders |
97 |
| Due from commercial tenants |
74 |
| Other receivables |
28 |
| Prepaid real estate taxes |
1,318 |
| Prepaid expenses |
127 |
| Property and equipment - net |
14,761 |
| Investment in NCB stock |
46 |
| Security deposits held |
485 |
| Total Assets |
19,562 |
| Liabilities and Shareholders' Equity |
|
| Liabilities |
|
| Accounts payable and accrued expenses |
278 |
| Capital improvements payable |
754 |
| Abatements payable |
467 |
| Maintenance charges received in advance |
99 |
| Deferred commercial rent |
294 |
| Mortgage payable |
16,745 |
| Less: Mortgage costs - net |
(142) |
| Security deposits payable |
485 |
| Total Liabilities |
18,981 |
| Shareholders' Equity |
|
| Capital stock |
461 |
| Additional paid-in capital |
29,021 |
| Retained earnings (deficit) |
(28,901) |
| Total Shareholders' Equity |
581 |
| Total Liabilities and Shareholders' Equity |
19,562 |