| Balance Sheets |
|
| Assets |
|
| Cash - operating |
548 |
| Cash and cash equivalents - reserve fund |
3,974 |
| Bank certificates of deposits - reserve fund |
210 |
| Due from shareholders |
175 |
| Due from commercial tenants |
134 |
| Other receivables |
50 |
| Prepaid real estate taxes |
2,376 |
| Prepaid expenses |
228 |
| Property and equipment - net |
26,603 |
| Investment in NCB stock |
83 |
| Security deposits held |
874 |
| Total Assets |
35,257 |
| Liabilities and Shareholders' Equity |
|
| Liabilities |
|
| Accounts payable and accrued expenses |
502 |
| Capital improvements payable |
1,359 |
| Abatements payable |
841 |
| Maintenance charges received in advance |
178 |
| Deferred commercial rent |
531 |
| Mortgage payable |
30,180 |
| Less: Mortgage costs - net |
(255) |
| Security deposits payable |
874 |
| Total Liabilities |
34,209 |
| Shareholders' Equity |
|
| Capital stock |
830 |
| Additional paid-in capital |
52,304 |
| Retained earnings (deficit) |
(52,087) |
| Total Shareholders' Equity |
1,048 |
| Total Liabilities and Shareholders' Equity |
35,257 |