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 |