Quarterly report pursuant to Section 13 or 15(d)

Geographic information

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

 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2016
 
2015
 
2016
 
2015
United States:
 
 
 
 
 

 
 

Revenues - owned units
$
16,317,636

 
$
13,314,507

 
$
45,980,270

 
$
38,818,733

Management, incentive and royalty fee revenue
1,496,612

 
1,384,556

 
4,290,779

 
4,385,104

 
 
 
 
 
 
 
 
Foreign:
 
 
 
 
 
 
 
Revenues - owned units
$
—

 
$
—

 
$
—

 
$
—

Management and development fee revenue
565,352

 
554,820

 
1,729,188

 
1,727,525

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

 
 

Net assets
$
20,188,881

 
$
15,167,642

 
 
 
 
Foreign:
 

 
 

Net assets
$
3,776,626

 
$
4,437,332