Document says Trump hotel brought in nearly $20M

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Mar-a-Lago, which Trump has referred to as the "Winter White House", made $37.2 million from January 2016 through this spring, an increase from the previous year, when the resort earned $29.8 million.

According to this disclosure, Trump resigned from his managing posts in nearly all of his enterprises on January 19, 2017, one day before being sworn into office at the White House.

The president has stepped back from the Trump Organization, turning over control to his adult sons Donald Trump Jr. and Eric Trump, in addition to a top Trump Organization executive.

The disclosure form, the first Trump has filed since taking office, says that the president's hundreds of holdings produced at least $528.9 million over a 15 1/2-month period that ended in April.

The president earned $19.7 million in income at his new luxury Washington hotel that's about three blocks from the White House, and another $17.5 million from his golf club in suburban Potomac Falls, Virginia.

As the AMPA notes, Trump has had $ 20 million in revenue from his new hotel in Washington, which opened very close to the White House in September. The disclosure form includes reported income of $37.2 million for the Florida resort, up sharply from $29.8 million in the prior year's report.

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The president still owes more than $100 million to Deutsche Bank and a similar amount to Ladder Capital Finance, a New York-based real estate investment trust.

President Donald Trump's real estate empire is making millions. The financial disclosure forms list a filer's positions held on companies and in a separate section the filer's assets and income they generate. Mar-a-Lago's initiation fee doubled after Mr. Trump was elected - from $100,000 to $200,000 - effective on January 1, 2017. Documents for those individual loans suggest Trump actually has a minimum of $500 million in debt.

But the president also substantially increased his royalty earnings from his book Art Of The Deal.

The latest disclosure puts the fees at 380,000 dollars, up from 167,000 he reported in 2016. Trump recently began decamping to that property some weekends.

The documentation of revenue from each of those properties does not account for expenses, meaning those figures are not pure profit. It's been a location for inaugural, foreign, diplomatic, and business interest events.

Earlier this week, the Democratic attorneys general in Maryland and the District as well as almost 200 Democratic members of Congress filed separate lawsuits alleging that payments to Trump businesses violated the Constitution's anti-corruption clauses.

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