| Balance Sheets |
|
| Assets |
|
| Cash - operating |
581 |
| Cash and cash equivalents - reserve fund |
4,209 |
| Bank certificates of deposits - reserve fund |
222 |
| Due from shareholders |
186 |
| Due from commercial tenants |
142 |
| Other receivables |
53 |
| Prepaid real estate taxes |
2,517 |
| Prepaid expenses |
242 |
| Property and equipment - net |
28,180 |
| Investment in NCB stock |
88 |
| Security deposits held |
926 |
| Total Assets |
37,346 |
| Liabilities and Shareholders' Equity |
|
| Liabilities |
|
| Accounts payable and accrued expenses |
531 |
| Capital improvements payable |
1,440 |
| Abatements payable |
891 |
| Maintenance charges received in advance |
188 |
| Deferred commercial rent |
562 |
| Mortgage payable |
31,968 |
| Less: Mortgage costs - net |
(270) |
| Security deposits payable |
926 |
| Total Liabilities |
36,237 |
| Shareholders' Equity |
|
| Capital stock |
879 |
| Additional paid-in capital |
55,404 |
| Retained earnings (deficit) |
(55,174) |
| Total Shareholders' Equity |
1,110 |
| Total Liabilities and Shareholders' Equity |
37,346 |