| Balance Sheets |
|
| Assets |
|
| Cash - operating |
564 |
| Cash and cash equivalents - reserve fund |
4,089 |
| Bank certificates of deposits - reserve fund |
216 |
| Due from shareholders |
180 |
| Due from commercial tenants |
138 |
| Other receivables |
52 |
| Prepaid real estate taxes |
2,445 |
| Prepaid expenses |
235 |
| Property and equipment - net |
27,375 |
| Investment in NCB stock |
86 |
| Security deposits held |
900 |
| Total Assets |
36,279 |
| Liabilities and Shareholders' Equity |
|
| Liabilities |
|
| Accounts payable and accrued expenses |
516 |
| Capital improvements payable |
1,399 |
| Abatements payable |
866 |
| Maintenance charges received in advance |
183 |
| Deferred commercial rent |
546 |
| Mortgage payable |
31,055 |
| Less: Mortgage costs - net |
(263) |
| Security deposits payable |
900 |
| Total Liabilities |
35,201 |
| Shareholders' Equity |
|
| Capital stock |
854 |
| Additional paid-in capital |
53,821 |
| Retained earnings (deficit) |
(53,598) |
| Total Shareholders' Equity |
1,078 |
| Total Liabilities and Shareholders' Equity |
36,279 |