| Balance Sheets |
|
| Assets |
|
| Cash - operating |
606 |
| Cash and cash equivalents - reserve fund |
4,395 |
| Bank certificates of deposits - reserve fund |
232 |
| Due from shareholders |
194 |
| Due from commercial tenants |
148 |
| Other receivables |
56 |
| Prepaid real estate taxes |
2,628 |
| Prepaid expenses |
253 |
| Property and equipment - net |
29,422 |
| Investment in NCB stock |
92 |
| Security deposits held |
967 |
| Total Assets |
38,991 |
| Liabilities and Shareholders' Equity |
|
| Liabilities |
|
| Accounts payable and accrued expenses |
555 |
| Capital improvements payable |
1,503 |
| Abatements payable |
931 |
| Maintenance charges received in advance |
197 |
| Deferred commercial rent |
587 |
| Mortgage payable |
33,376 |
| Less: Mortgage costs - net |
(282) |
| Security deposits payable |
967 |
| Total Liabilities |
37,833 |
| Shareholders' Equity |
|
| Capital stock |
918 |
| Additional paid-in capital |
57,845 |
| Retained earnings (deficit) |
(57,604) |
| Total Shareholders' Equity |
1,159 |
| Total Liabilities and Shareholders' Equity |
38,991 |