| Balance Sheets |
|
| Assets |
|
| Cash - operating |
626 |
| Cash and cash equivalents - reserve fund |
4,535 |
| Bank certificates of deposits - reserve fund |
239 |
| Due from shareholders |
200 |
| Due from commercial tenants |
153 |
| Other receivables |
57 |
| Prepaid real estate taxes |
2,712 |
| Prepaid expenses |
261 |
| Property and equipment - net |
30,361 |
| Investment in NCB stock |
95 |
| Security deposits held |
998 |
| Total Assets |
40,236 |
| Liabilities and Shareholders' Equity |
|
| Liabilities |
|
| Accounts payable and accrued expenses |
572 |
| Capital improvements payable |
1,551 |
| Abatements payable |
960 |
| Maintenance charges received in advance |
203 |
| Deferred commercial rent |
605 |
| Mortgage payable |
34,442 |
| Less: Mortgage costs - net |
(291) |
| Security deposits payable |
998 |
| Total Liabilities |
39,041 |
| Shareholders' Equity |
|
| Capital stock |
947 |
| Additional paid-in capital |
59,692 |
| Retained earnings (deficit) |
(59,443) |
| Total Shareholders' Equity |
1,196 |
| Total Liabilities and Shareholders' Equity |
40,236 |