Balance Sheets |
|
Assets |
|
Cash - operating |
280 |
Cash and cash equivalents - reserve fund |
4,156 |
Bank certificates of deposits - reserve fund |
1,556 |
Due from shareholders |
305 |
Due from commercial tenants |
97 |
Other receivables |
9 |
Prepaid real estate taxes |
-0- |
Prepaid expenses |
146 |
Property and equipment - net |
19,830 |
Investment in NCB stock |
62 |
Security deposits held |
796 |
Total Assets |
27,237 |
Liabilities and Shareholders' Equity |
|
Liabilities |
|
Accounts payable and accrued expenses |
471 |
Capital improvements payable |
-0- |
Abatements payable |
650 |
Maintenance charges received in advance |
38 |
Deferred commercial rent |
342 |
Mortgage payable |
22,492 |
Less: Mortgage costs - net |
(164) |
Security deposits payable |
796 |
Total Liabilities |
24,625 |
Shareholders' Equity |
|
Capital stock |
619 |
Additional paid-in capital |
38,981 |
Retained earnings (deficit) |
(36,987) |
Total Shareholders' Equity |
2,612 |
Total Liabilities and Shareholders' Equity |
27,237 |