| |
Total |
1987 |
1988 |
1989 |
1990 |
1991 |
1992 |
1993 |
1994 |
1995 |
1996 |
| DEVELOPMENT/CAPITAL ACCTS |
|
|
|
|
|
|
|
|
|
|
|
| Depr. assets acquired |
-5373000 |
-5373000 |
|
|
|
|
|
|
|
|
|
| Land Development |
|
|
|
|
|
|
|
|
|
|
|
| Building Cost |
|
|
|
|
|
|
|
|
|
|
|
| Service structures |
|
|
|
|
|
|
|
|
|
|
|
| Architecture & Engineering |
|
|
|
|
|
|
|
|
|
|
|
| Elevator/Escalator |
|
|
|
|
|
|
|
|
|
|
|
| Furniture & Equipment |
-297000 |
-297000 |
|
|
|
|
|
|
|
|
|
| Misc. Administration |
|
|
|
|
|
|
|
|
|
|
|
| Dev. Costs Expensed |
|
|
|
|
|
|
|
|
|
|
|
| Grants & Reimbursements |
|
|
|
|
|
|
|
|
|
|
|
| Contingency |
|
|
|
|
|
|
|
|
|
|
|
| Land |
-1150000 |
-1150000 |
|
|
|
|
|
|
|
|
|
| Financing Fees |
-320000 |
-320000 |
|
|
|
|
|
|
|
|
|
| Construction Interest |
-243288 |
-66495 |
-113875 |
-53349 |
-9568 |
|
|
|
|
|
|
| Internal Interest |
|
|
|
|
|
|
|
|
|
|
|
| Accounting Transfers |
243288 |
66495 |
113875 |
53349 |
9568 |
|
|
|
|
|
|
| Capitalized Cost |
-7140000 |
-7140000 |
|
|
|
|
|
|
|
|
|
| Capital Replacement |
|
|
|
|
|
|
|
|
|
|
|
| Ending Value . |
11951895 |
|
|
|
|
|
|
|
|
|
11951895 |
| Capital Before Fin |
4811895 |
-7140000 |
|
|
|
|
|
|
|
|
11951895 |
| Principal Flows . |
2259315 |
7047937 |
32794 |
-39332 |
358600 |
|
|
|
|
|
-5140685 |
| Developers Capital |
7071210 |
-92063 |
32794 |
-39332 |
358600 |
|
|
|
|
|
6811210 |
| |
|
|
|
|
|
|
|
|
|
|
|
| OPERATIONS |
|
|
|
|
|
|
|
|
|
|
|
| Income |
11746650 |
484256 |
988814 |
1039203 |
1101179 |
1166873 |
1236510 |
1310324 |
1388567 |
1471505 |
1559419 |
| Expenses . |
-4153068 |
-174290 |
-353522 |
-371670 |
-390754 |
-410824 |
-431929 |
-454124 |
-479126 |
-521191 |
-565638 |
| Net Avail. for D.S. |
7593582 |
309966 |
635292 |
667533 |
710425 |
756049 |
804581 |
856199 |
909441 |
950314 |
993781 |
| Debt Service |
-5867831 |
-324993 |
-605866 |
-584731 |
-548422 |
-556500 |
-583000 |
-654764 |
-669852 |
-669852 |
-669852 |
| Ground Rent |
|
|
|
|
|
|
|
|
|
|
|
| Participation . |
|
|
|
|
|
|
|
|
|
|
|
| Cash Flow |
1725751 |
-15028 |
29427 |
82802 |
162003 |
199549 |
221581 |
201436 |
239589 |
280462 |
323929 |
| Amortization . |
159315 |
|
|
|
|
|
|
26416 |
39128 |
44090 |
49681 |
| Earnings B.N.C.C. |
1885066 |
-15028 |
29427 |
82802 |
162003 |
199549 |
221581 |
227852 |
278718 |
324552 |
373610 |
| Non-Cash Charges . |
-3155863 |
-212966 |
-412964 |
-394213 |
-360143 |
-332210 |
-289873 |
-288373 |
-288373 |
-288373 |
-288373 |
| Taxable Income |
-1270797 |
-227994 |
-383538 |
-311412 |
-198139 |
-132660 |
-68292 |
-60521 |
-9655 |
36179 |
85236 |
| |
|
|
|
|
|
|
|
|
|
|
|
| FINANCING SUMMARY |
|
|
|
|
|
|
|
|
|
|
|
| Project Cash Flow. |
13179336 |
-6623116 |
726921 |
763235 |
547687 |
818942 |
871198 |
926763 |
984184 |
1029486 |
13134038 |
| Developer |
2475069 |
101256 |
128177 |
61293 |
199299 |
66883 |
71049 |
74592 |
79535 |
84781 |
1608204 |
| Lender |
5465228 |
-5041502 |
491991 |
531382 |
538854 |
556500 |
583000 |
654764 |
669852 |
669852 |
5810536 |
| Investor |
3887700 |
-392401 |
-235794 |
-197661 |
-301993 |
231960 |
235888 |
214014 |
237445 |
264926 |
3831317 |
| Other Entities |
-160545 |
-1227907 |
447789 |
453672 |
165897 |
|
|
|
2 |
|
2 |
| Public |
1511883 |
-62562 |
-105243 |
-85451 |
-54369 |
-36402 |
-18739 |
-16607 |
-2649 |
9927 |
1883979 |
|
