| 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 |