Quarterly report pursuant to Section 13 or 15(d)

Geographic information

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Geographic information
3 Months Ended
Mar. 31, 2016
Segment Reporting [Abstract]  
Geographic information
Geographic information:
 
The following table contains certain financial information by geographic location for the three months ended March 31, 2016 and 2015:
 

 
Three months ended March 31,
 
2016
 
2015
United States:
 
 
 
Revenues - owned units
$
14,379,930

 
$
9,725,302

Management, incentive and royalty fee revenue
1,455,818

 
1,918,964

 
 
 
 
Foreign:
 
 
 
Revenues - owned units
$

 
$

Management and development fee revenue
558,233

 
13,312

 
The following table contains certain financial information by geographic location at March 31, 2016 and December 31, 2015:
 
 
March 31, 
 2016
 
December 31, 
 2015
United States:
 

 
 

Net assets
$
18,587,157

 
$
15,167,639

 
 
 
 
Foreign:
 

 
 

Net assets
$
4,382,504

 
$
4,437,332