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Referral Fees
9 Months Ended
Sep. 30, 2020
Referral Fees  
Referral Fees
12. Referral Fees

Upon the acquisition of WP, the Company has agreements with various third parties to share commissions and pay fees as defined in the respective agreements. These expenses totaled approximately $154,000 and $427,000 for the three and nine months ended September 30, 2020, respectively, which are presented in the line item “Referral fees” in the statements of income.