|
Activity related to origination fees for the year ended December 31, 2016 is as follows:
| |
|
|
Deferred
Revenue,
Beginning
|
|
|
Gross
Origination
Fee Income
|
|
|
Amortization
of Deferred
Revenue
|
|
|
Deferred
Revenue
Ending
|
|
|
Manager’s Share
|
|
|
|
|
|
|
|
|
|
$ |
636,260 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Company’s Share
|
|
|
|
$ |
190,017 |
|
|
|
|
|
187,748 |
|
|
|
|
$ |
162,264 |
|
|
|
|
$ |
215,501 |
|
|
|
Total
|
|
|
|
$ |
190,017 |
|
|
|
|
$ |
824,008 |
|
|
|
|
$ |
162,264 |
|
|
|
|
$ |
215,501 |
|
|
| |
Activity related to origination fees for the year ended December 31, 2015 is as follows:
| |
|
|
Deferred
Revenue,
Beginning
|
|
|
Gross
Origination
Fee Income
|
|
|
Amortization
of Deferred
Revenue
|
|
|
Deferred
Revenue
Ending
|
|
|
Manager’s Share
|
|
|
|
|
|
|
|
|
|
$ |
541,600 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Company’s Share
|
|
|
|
$ |
118,718 |
|
|
|
|
|
179,684 |
|
|
|
|
$ |
108,385 |
|
|
|
|
$ |
190,017 |
|
|
|
Total
|
|
|
|
$ |
118,718 |
|
|
|
|
$ |
721,284 |
|
|
|
|
$ |
108,385 |
|
|
|
|
$ |
190,017 |
|
|
| |
|