| Balance Sheets |
|
| Assets |
|
| Cash - operating |
571 |
| Cash and cash equivalents - reserve fund |
4,139 |
| Bank certificates of deposits - reserve fund |
218 |
| Due from shareholders |
182 |
| Due from commercial tenants |
140 |
| Other receivables |
52 |
| Prepaid real estate taxes |
2,475 |
| Prepaid expenses |
238 |
| Property and equipment - net |
27,711 |
| Investment in NCB stock |
87 |
| Security deposits held |
911 |
| Total Assets |
36,724 |
| Liabilities and Shareholders' Equity |
|
| Liabilities |
|
| Accounts payable and accrued expenses |
522 |
| Capital improvements payable |
1,416 |
| Abatements payable |
876 |
| Maintenance charges received in advance |
185 |
| Deferred commercial rent |
553 |
| Mortgage payable |
31,435 |
| Less: Mortgage costs - net |
(266) |
| Security deposits payable |
911 |
| Total Liabilities |
35,633 |
| Shareholders' Equity |
|
| Capital stock |
865 |
| Additional paid-in capital |
54,481 |
| Retained earnings (deficit) |
(54,254) |
| Total Shareholders' Equity |
1,091 |
| Total Liabilities and Shareholders' Equity |
36,724 |