| Balance Sheets |
|
| Assets |
|
| Cash - operating |
335 |
| Cash and cash equivalents - reserve fund |
2,430 |
| Bank certificates of deposits - reserve fund |
128 |
| Due from shareholders |
107 |
| Due from commercial tenants |
82 |
| Other receivables |
31 |
| Prepaid real estate taxes |
1,453 |
| Prepaid expenses |
140 |
| Property and equipment - net |
16,271 |
| Investment in NCB stock |
51 |
| Security deposits held |
535 |
| Total Assets |
21,563 |
| Liabilities and Shareholders' Equity |
|
| Liabilities |
|
| Accounts payable and accrued expenses |
307 |
| Capital improvements payable |
831 |
| Abatements payable |
515 |
| Maintenance charges received in advance |
109 |
| Deferred commercial rent |
324 |
| Mortgage payable |
18,458 |
| Less: Mortgage costs - net |
(156) |
| Security deposits payable |
535 |
| Total Liabilities |
20,922 |
| Shareholders' Equity |
|
| Capital stock |
508 |
| Additional paid-in capital |
31,989 |
| Retained earnings (deficit) |
(31,856) |
| Total Shareholders' Equity |
641 |
| Total Liabilities and Shareholders' Equity |
21,563 |