| Balance Sheets |
|
| Assets |
|
| Cash - operating |
450 |
| Cash and cash equivalents - reserve fund |
3,257 |
| Bank certificates of deposits - reserve fund |
172 |
| Due from shareholders |
144 |
| Due from commercial tenants |
110 |
| Other receivables |
41 |
| Prepaid real estate taxes |
1,948 |
| Prepaid expenses |
187 |
| Property and equipment - net |
21,806 |
| Investment in NCB stock |
68 |
| Security deposits held |
717 |
| Total Assets |
28,899 |
| Liabilities and Shareholders' Equity |
|
| Liabilities |
|
| Accounts payable and accrued expenses |
411 |
| Capital improvements payable |
1,114 |
| Abatements payable |
690 |
| Maintenance charges received in advance |
146 |
| Deferred commercial rent |
435 |
| Mortgage payable |
24,737 |
| Less: Mortgage costs - net |
(209) |
| Security deposits payable |
717 |
| Total Liabilities |
28,040 |
| Shareholders' Equity |
|
| Capital stock |
680 |
| Additional paid-in capital |
42,872 |
| Retained earnings (deficit) |
(42,694) |
| Total Shareholders' Equity |
859 |
| Total Liabilities and Shareholders' Equity |
28,899 |