| Balance Sheets |
|
| Assets |
|
| Cash - operating |
208 |
| Cash and cash equivalents - reserve fund |
3,094 |
| Bank certificates of deposits - reserve fund |
1,159 |
| Due from shareholders |
227 |
| Due from commercial tenants |
72 |
| Other receivables |
7 |
| Prepaid real estate taxes |
-0- |
| Prepaid expenses |
109 |
| Property and equipment - net |
14,763 |
| Investment in NCB stock |
46 |
| Security deposits held |
593 |
| Total Assets |
20,278 |
| Liabilities and Shareholders' Equity |
|
| Liabilities |
|
| Accounts payable and accrued expenses |
350 |
| Capital improvements payable |
-0- |
| Abatements payable |
484 |
| Maintenance charges received in advance |
28 |
| Deferred commercial rent |
254 |
| Mortgage payable |
16,745 |
| Less: Mortgage costs - net |
(122) |
| Security deposits payable |
593 |
| Total Liabilities |
18,333 |
| Shareholders' Equity |
|
| Capital stock |
461 |
| Additional paid-in capital |
29,021 |
| Retained earnings (deficit) |
(27,537) |
| Total Shareholders' Equity |
1,945 |
| Total Liabilities and Shareholders' Equity |
20,278 |