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Equity Method Investments
 9 Months Ended
Sep. 30, 2019
Equity Method Investments And Joint Ventures [Abstract]  
Equity Method Investments

Note 5 – Equity Method Investments

On November 14, 2018, CPFH LLC was formed to purchase certain real estate assets among partners in a Joint Venture. The Company’s share of the Joint Venture is 25%. The table below details CPFH LLC’s revenues and net income during the nine months ended September 30, 2019 and 2018 (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

2019

 

 

2018

 

Revenues

 

$

11,106

 

 

$

—

 

Net income

 

$

5,068

 

 

$

—

 

 

The table below details the summarized components of assets and liabilities of CPFH LLC as of September 30, 2019 and December 31, 2018 (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

2019

 

 

2018

 

Assets

 

$

18,824

 

 

$

11,180

 

Liabilities

 

$

671

 

 

$

168