| Balance Sheets |
|
| Assets |
|
| Cash - operating |
237 |
| Cash and cash equivalents - reserve fund |
3,516 |
| Bank certificates of deposits - reserve fund |
1,317 |
| Due from shareholders |
258 |
| Due from commercial tenants |
82 |
| Other receivables |
7 |
| Prepaid real estate taxes |
-0- |
| Prepaid expenses |
124 |
| Property and equipment - net |
16,776 |
| Investment in NCB stock |
52 |
| Security deposits held |
674 |
| Total Assets |
23,043 |
| Liabilities and Shareholders' Equity |
|
| Liabilities |
|
| Accounts payable and accrued expenses |
398 |
| Capital improvements payable |
-0- |
| Abatements payable |
550 |
| Maintenance charges received in advance |
32 |
| Deferred commercial rent |
289 |
| Mortgage payable |
19,029 |
| Less: Mortgage costs - net |
(139) |
| Security deposits payable |
674 |
| Total Liabilities |
20,833 |
| Shareholders' Equity |
|
| Capital stock |
523 |
| Additional paid-in capital |
32,979 |
| Retained earnings (deficit) |
(31,292) |
| Total Shareholders' Equity |
2,210 |
| Total Liabilities and Shareholders' Equity |
23,043 |