| Balance Sheets |
|
| Assets |
|
| Cash - operating |
315 |
| Cash and cash equivalents - reserve fund |
2,280 |
| Bank certificates of deposits - reserve fund |
120 |
| Due from shareholders |
101 |
| Due from commercial tenants |
77 |
| Other receivables |
29 |
| Prepaid real estate taxes |
1,363 |
| Prepaid expenses |
131 |
| Property and equipment - net |
15,264 |
| Investment in NCB stock |
48 |
| Security deposits held |
502 |
| Total Assets |
20,229 |
| Liabilities and Shareholders' Equity |
|
| Liabilities |
|
| Accounts payable and accrued expenses |
288 |
| Capital improvements payable |
780 |
| Abatements payable |
483 |
| Maintenance charges received in advance |
102 |
| Deferred commercial rent |
304 |
| Mortgage payable |
17,316 |
| Less: Mortgage costs - net |
(146) |
| Security deposits payable |
502 |
| Total Liabilities |
19,628 |
| Shareholders' Equity |
|
| Capital stock |
476 |
| Additional paid-in capital |
30,011 |
| Retained earnings (deficit) |
(29,886) |
| Total Shareholders' Equity |
601 |
| Total Liabilities and Shareholders' Equity |
20,229 |