| Balance Sheets |
|
| Assets |
|
| Cash - operating |
272 |
| Cash and cash equivalents - reserve fund |
4,036 |
| Bank certificates of deposits - reserve fund |
1,512 |
| Due from shareholders |
296 |
| Due from commercial tenants |
94 |
| Other receivables |
9 |
| Prepaid real estate taxes |
-0- |
| Prepaid expenses |
142 |
| Property and equipment - net |
19,259 |
| Investment in NCB stock |
60 |
| Security deposits held |
773 |
| Total Assets |
26,453 |
| Liabilities and Shareholders' Equity |
|
| Liabilities |
|
| Accounts payable and accrued expenses |
457 |
| Capital improvements payable |
-0- |
| Abatements payable |
632 |
| Maintenance charges received in advance |
37 |
| Deferred commercial rent |
332 |
| Mortgage payable |
21,845 |
| Less: Mortgage costs - net |
(159) |
| Security deposits payable |
773 |
| Total Liabilities |
23,916 |
| Shareholders' Equity |
|
| Capital stock |
601 |
| Additional paid-in capital |
37,860 |
| Retained earnings (deficit) |
(35,924) |
| Total Shareholders' Equity |
2,537 |
| Total Liabilities and Shareholders' Equity |
26,453 |