| Balance Sheets |
|
| Assets |
|
| Cash - operating |
532 |
| Cash and cash equivalents - reserve fund |
3,854 |
| Bank certificates of deposits - reserve fund |
203 |
| Due from shareholders |
170 |
| Due from commercial tenants |
130 |
| Other receivables |
49 |
| Prepaid real estate taxes |
2,304 |
| Prepaid expenses |
221 |
| Property and equipment - net |
25,798 |
| Investment in NCB stock |
81 |
| Security deposits held |
848 |
| Total Assets |
34,190 |
| Liabilities and Shareholders' Equity |
|
| Liabilities |
|
| Accounts payable and accrued expenses |
486 |
| Capital improvements payable |
1,318 |
| Abatements payable |
816 |
| Maintenance charges received in advance |
172 |
| Deferred commercial rent |
514 |
| Mortgage payable |
29,266 |
| Less: Mortgage costs - net |
(247) |
| Security deposits payable |
848 |
| Total Liabilities |
33,174 |
| Shareholders' Equity |
|
| Capital stock |
805 |
| Additional paid-in capital |
50,721 |
| Retained earnings (deficit) |
(50,510) |
| Total Shareholders' Equity |
1,016 |
| Total Liabilities and Shareholders' Equity |
34,190 |