Gyrodyne (GYRO) Balance Sheet

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Land	1.73M
Building and improvements	11.6M
Machinery and equipment	344.73K
[RealEstateGrossBeforeLandHeldForDevelopment]	13.68M
Less accumulated depreciation	5.05M
[RealEstateNetBeforeLandHeldForDevelopment]	8.63M
Land	558.47K
Land development costs	2.02M
[LandAvailableForDevelopment]	2.58M
Total real estate, net	11.2M
Cash and Cash Equivalents	8.01M
Rent Receivable, net of allowance for doubtful accounts of $94,000 and $82,000, respectively	22.15K
Deferred Rent Receivable	64.59K
Escrow Deposit
Prepaid Expenses and Other Assets	530.29K
Prepaid Pension Costs
Total Assets	47.25M
Accounts payable	529.59K
Accrued liabilities	256.25K
Deferred rent liability	82.19K
Tenant security deposits payable	249.43K
Mortgage loans payable
Deferred income taxes
Other liabilities
Total Liabilities	21.34M
Commitments and Contingencies	0
Common stock, $1 par value; authorized 4,000,000 shares; 1,531,247 shares issued; 1,290,039 shares outstanding, respectively	3.95M
Additional paid-in capital	21.15M
Accumulated other comprehensive income	-2.2M
Balance of undistributed income other than gain or loss on sales of properties
[StockholdersEquityBeforeTreasuryStock]	13.11M
Less cost of shares of common stock held in treasury; 241,208	-1.54M
Total Stockholders’ Equity	11.57M
Total Liabilities and Stockholders’ Equity	47.25M

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