| Balance Sheets |
|
| Assets |
|
| Cash - operating |
267 |
| Cash and cash equivalents - reserve fund |
3,966 |
| Bank certificates of deposits - reserve fund |
1,485 |
| Due from shareholders |
291 |
| Due from commercial tenants |
92 |
| Other receivables |
8 |
| Prepaid real estate taxes |
-0- |
| Prepaid expenses |
139 |
| Property and equipment - net |
18,924 |
| Investment in NCB stock |
59 |
| Security deposits held |
760 |
| Total Assets |
25,993 |
| Liabilities and Shareholders' Equity |
|
| Liabilities |
|
| Accounts payable and accrued expenses |
449 |
| Capital improvements payable |
-0- |
| Abatements payable |
621 |
| Maintenance charges received in advance |
36 |
| Deferred commercial rent |
326 |
| Mortgage payable |
21,464 |
| Less: Mortgage costs - net |
(156) |
| Security deposits payable |
760 |
| Total Liabilities |
23,500 |
| Shareholders' Equity |
|
| Capital stock |
590 |
| Additional paid-in capital |
37,200 |
| Retained earnings (deficit) |
(35,298) |
| Total Shareholders' Equity |
2,493 |
| Total Liabilities and Shareholders' Equity |
25,993 |