| Balance Sheets |
|
| Assets |
|
| Cash - operating |
409 |
| Cash and cash equivalents - reserve fund |
2,962 |
| Bank certificates of deposits - reserve fund |
156 |
| Due from shareholders |
131 |
| Due from commercial tenants |
100 |
| Other receivables |
37 |
| Prepaid real estate taxes |
1,771 |
| Prepaid expenses |
170 |
| Property and equipment - net |
19,827 |
| Investment in NCB stock |
62 |
| Security deposits held |
651 |
| Total Assets |
26,276 |
| Liabilities and Shareholders' Equity |
|
| Liabilities |
|
| Accounts payable and accrued expenses |
374 |
| Capital improvements payable |
1,013 |
| Abatements payable |
627 |
| Maintenance charges received in advance |
133 |
| Deferred commercial rent |
395 |
| Mortgage payable |
22,492 |
| Less: Mortgage costs - net |
(190) |
| Security deposits payable |
651 |
| Total Liabilities |
25,495 |
| Shareholders' Equity |
|
| Capital stock |
619 |
| Additional paid-in capital |
38,981 |
| Retained earnings (deficit) |
(38,819) |
| Total Shareholders' Equity |
781 |
| Total Liabilities and Shareholders' Equity |
26,276 |