THE NHP FOUNDATION AND ITS AFFILIATED ENTITIES
SUPPLEMENTARY INFORMATION - CONTINUED
UNAUDITED CONSOLIDATING STATEMENT OF FINANCIAL POSITION - REAL ESTATE ENTITIES – CONTINUED
December 31, 2017 __________
Asmara Affordable
The Grove at Trinity Mills
Creek Hollow
Heritage Square
The Highlands
Stone Ridge
Magnolia
Milliken Affordable
Assets:
Cash and cash equivalents
$
115,436
$
105,304
$
90,520
$
245,717
$
111,375
$
- - - - - - - - - - -
$
11,937
Investments - unrestricted
- - -
- - -
- - -
- - -
- - -
-
Notes receivable and accrued interest
7,020,636
Investments in housing funds
-
Land, buildings, improvements and equipment, net Mortgage escrow and utility deposits Prepaid expenses and other assets
-
-
-
-
-
- - - - - -
34,940 51,033
55,903 81,654
52,409 76,550
146,746 218,341
59,397 82,017
Replacement reserves Tenants’ security deposits Deferred other costs, net
- - - -
- - - -
- - - -
- - - -
- - - -
Due from affiliates
47,883
Total assets
$
201,409
$
242,861
$
219,479
$
610,804
$
252,789
$
-
$
7,080,456
Liabilities: Accounts payable and accrued expenses
$
3,957
$
16,113
$
25,967
$
62,377
$
26,143
$
- - - - - - - -
$
- - - - - - - -
Other liabilities
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
Tenants’ security deposits
Mortgage notes payable and accrued interest
Notes and construction loans payable and accrued interest Accounts payable - affiliates Asset management fees payable Minority interest of current year loss
Total liabilities
3,957
16,113
25,967
62,377
26,143
-
-
Net assets:
Beginning net assets
(232,545)
571,312
70,865
(1,589,443)
(2,482,854)
(5,332,854)
6,789,590
- -
- -
- -
- -
- -
- -
- -
Contributions (distributions)
Excess of revenue over expenses (expenses over revenue)
429,997
(344,564)
122,647
2,137,870
2,709,500
5,332,854
290,866
Total net assets
197,452
226,748
193,512
548,427
226,646
-
7,080,456
Total liabilities and net assets
$
201,409
$
242,861
$
219,479
$
610,804
$
252,789
$
-
$
7,080,456
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