| Balance Sheets |
|
| Assets |
|
| Cash - operating |
415 |
| Cash and cash equivalents - reserve fund |
3,007 |
| Bank certificates of deposits - reserve fund |
159 |
| Due from shareholders |
133 |
| Due from commercial tenants |
102 |
| Other receivables |
38 |
| Prepaid real estate taxes |
1,798 |
| Prepaid expenses |
173 |
| Property and equipment - net |
20,129 |
| Investment in NCB stock |
63 |
| Security deposits held |
661 |
| Total Assets |
26,676 |
| Liabilities and Shareholders' Equity |
|
| Liabilities |
|
| Accounts payable and accrued expenses |
379 |
| Capital improvements payable |
1,029 |
| Abatements payable |
637 |
| Maintenance charges received in advance |
135 |
| Deferred commercial rent |
401 |
| Mortgage payable |
22,834 |
| Less: Mortgage costs - net |
(193) |
| Security deposits payable |
661 |
| Total Liabilities |
25,883 |
| Shareholders' Equity |
|
| Capital stock |
628 |
| Additional paid-in capital |
39,575 |
| Retained earnings (deficit) |
(39,410) |
| Total Shareholders' Equity |
793 |
| Total Liabilities and Shareholders' Equity |
26,676 |