| Balance Sheets |
|
| Assets |
|
| Cash - operating |
230 |
| Cash and cash equivalents - reserve fund |
3,410 |
| Bank certificates of deposits - reserve fund |
1,277 |
| Due from shareholders |
250 |
| Due from commercial tenants |
79 |
| Other receivables |
7 |
| Prepaid real estate taxes |
-0- |
| Prepaid expenses |
120 |
| Property and equipment - net |
16,273 |
| Investment in NCB stock |
51 |
| Security deposits held |
653 |
| Total Assets |
22,352 |
| Liabilities and Shareholders' Equity |
|
| Liabilities |
|
| Accounts payable and accrued expenses |
386 |
| Capital improvements payable |
-0- |
| Abatements payable |
534 |
| Maintenance charges received in advance |
31 |
| Deferred commercial rent |
280 |
| Mortgage payable |
18,458 |
| Less: Mortgage costs - net |
(134) |
| Security deposits payable |
653 |
| Total Liabilities |
20,208 |
| Shareholders' Equity |
|
| Capital stock |
508 |
| Additional paid-in capital |
31,989 |
| Retained earnings (deficit) |
(30,354) |
| Total Shareholders' Equity |
2,144 |
| Total Liabilities and Shareholders' Equity |
22,352 |