Quarterly report pursuant to Section 13 or 15(d)

Geographic information

v3.5.0.2
Geographic information
 6 Months Ended
Jun. 30, 2016
Segment Reporting [Abstract]  
Geographic information
Geographic information:
 
The following table contains certain financial information by geographic location for the three and six months ended June 30, 2016 and 2015 (the Company's foreign operations are mainly based in the United Kingdom and Italy):
 

 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2016
 
2015
 
2016
 
2015
United States:
 
 
 
 
 

 
 

Revenues - owned units
$
15,282,704

 
$
12,778,925

 
$
29,662,634

 
$
22,504,226

Management, incentive and royalty fee revenue
1,338,349

 
1,496,474

 
2,794,167

 
3,000,548

 
 
 
 
 
 
 
 
Foreign:
 
 
 
 
 
 
 

Revenues - owned units
$
—

 
$
—

 
$
—

 
$
—

Management and development fee revenue
605,603

 
625,503

 
1,163,836

 
1,172,705

 
The following table contains certain financial information by geographic location at June 30, 2016 and December 31, 2015:
 
 
June 30, 
 2016
 
December 31, 
 2015
United States:
 

 
 

Net assets
$
18,247,819

 
$
15,167,639

 
 
 
 
Foreign:
 

 
 

Net assets
$
3,642,211

 
$
4,437,332