| Balance Sheets |
|
| Assets |
|
| Cash - operating |
436 |
| Cash and cash equivalents - reserve fund |
3,157 |
| Bank certificates of deposits - reserve fund |
167 |
| Due from shareholders |
139 |
| Due from commercial tenants |
107 |
| Other receivables |
40 |
| Prepaid real estate taxes |
1,888 |
| Prepaid expenses |
181 |
| Property and equipment - net |
21,135 |
| Investment in NCB stock |
66 |
| Security deposits held |
694 |
| Total Assets |
28,010 |
| Liabilities and Shareholders' Equity |
|
| Liabilities |
|
| Accounts payable and accrued expenses |
398 |
| Capital improvements payable |
1,080 |
| Abatements payable |
668 |
| Maintenance charges received in advance |
141 |
| Deferred commercial rent |
421 |
| Mortgage payable |
23,976 |
| Less: Mortgage costs - net |
(203) |
| Security deposits payable |
694 |
| Total Liabilities |
27,178 |
| Shareholders' Equity |
|
| Capital stock |
659 |
| Additional paid-in capital |
41,553 |
| Retained earnings (deficit) |
(41,380) |
| Total Shareholders' Equity |
832 |
| Total Liabilities and Shareholders' Equity |
28,010 |