WASHINGTON (Reuters) - President Donald Trump had personal liabilities of at least $315.6 million to German, U.S. and other lenders as of mid-2017, according to a federal financial disclosure form released late on Friday by the U.S. Office of Government Ethics.

He had roughly $20 million in income from his new marquee Washington hotel, which opened just down the street from the White House last September. Revenues also increased at Mar-a-Lago, the Florida resort known as the “Winter White House.”

Trump reported income of at least $594 million for 2016 and early 2017 and assets worth at least $1.4 billion. (bit.ly/2sah0ZM)

The 98-page disclosure document posted on the ethics office’s website showed liabilities for Trump of at least $130 million to Deutsche Bank Trust Company Americas [DBKGK.UL], a unit of German-based Deutsche Bank AG.

For example, Trump disclosed a liability to Deutsche exceeding $50 million for the Old Post Office, a historic Washington property where he has opened a hotel.

Trump reported liabilities of at least $110 million to Ladder Capital Corp , a commercial real estate lender with offices in New York, Los Angeles and Boca Raton, Florida.

The largest component of Trump’s income was $115.9 million listed as golf-resort related revenues from Trump National Doral in Miami, down from $132 million he reported a year ago.

Income from many of his other hotels and resorts largely held steady. Revenue from Trump Corporation, his real-estate management company, nearly tripled, to $18 million, and revenue from Mar-a-Lago grew by 25 percent, to $37.25 million. The private club doubled its initiation fee to $200,000 after Trump’s election.

He earned $11 million from the Miss Universe pageant, after selling the beauty contest back in 2015.

Revenue from television shows like “The Apprentice” fell to $1.1 million, down from $6 million a year earlier.

His assets probably exceeded $1.4 billion because the disclosure form provided ranges of values.

The document showed Trump held officer positions in 565 corporations or other entities before becoming U.S. president. His tenure in most of those posts ended on Jan. 19, the day before his inauguration, and in others in 2015 and 2016.

Most of the entities involved were based in the United States, with a handful in Scotland, Ireland, Canada, Brazil, Bermuda and elsewhere.

Trump has refused to release his tax returns, which would give a much clearer indication of his wealth and business interests. But he has submitted federal forms disclosing his and his family’s income, assets and liabilities.

“President Trump welcomed the opportunity to voluntarily file his personal financial disclosure form,” the White House said in a statement, adding that the form was “certified by the Office of Government Ethics pursuant to its normal procedures.”

U.S. President Donald Trump delivers a speech on US-Cuba relations at the Manuel Artime Theater in Miami, Florida, U.S., June 16, 2017. REUTERS/Carlos Barria

An Office of Government Ethics spokesman declined to comment on the contents of the report, other than to say that it was certified by the office, which is an ethics watchdog for federal government employees.

Trump released a disclosure form in May 2016 that his campaign at the time said showed his net worth was $10 billion. Some critics disputed that figure as overblown.

Before taking office in January, Trump was a New York real estate developer and television celebrity.</s>WASHINGTON, June 16 President Donald Trump had personal liabilities of at least $315.6 million to German, U.S. and other lenders as of mid-2017, according to a federal financial disclosure form released late on Friday by the U.S. Office of Government Ethics.</s>President Donald Trump had personal liabilities of at least US$315.6 million (246.7 million pounds) to German, U.S. and other lenders as of mid-2017, according to a federal financial disclosure form released late on Friday by the U.S. Office of Government Ethics.

WASHINGTON: President Donald Trump had personal liabilities of at least US$315.6 million (246.7 million pounds) to German, U.S. and other lenders as of mid-2017, according to a federal financial disclosure form released late on Friday by the U.S. Office of Government Ethics.

Trump reported income of at least US$594 million for 2016 and early 2017 and assets worth at least US$1.4 billion.

The 98-page disclosure document posted on the office's website showed liabilities for Trump of at least US$130 million to Deutsche Bank Trust Company Americas , a unit of German-based Deutsche Bank AG.

For example, Trump disclosed a liability to Deutsche exceeding US$50 million for the Old Post Office, a landmark historic property in downtown Washington that he recently redeveloped into a hotel located near the White House.

Trump reported liabilities of at least US$110 million to Ladder Capital, a commercial real estate lender with offices in New York, Los Angeles and Boca Raton, Florida.

The largest component of Trump's income was US$115.9 million listed as golf-resort related revenues from Trump National Doral in Miami. His assets probably exceeded US$1.4 billion because the disclosure form provided ranges of values.

The document showed Trump held officer positions in 565 corporations or other entities before becoming U.S. president. His tenure in most of those posts ended on Jan. 19, the day before his inauguration, and in others in 2015 and 2016.

Most of the entities involved were based in the United States, with a handful in Scotland, Ireland, Canada, Brazil, Bermuda and elsewhere.

Trump has refused to release his tax returns, which would give a much clearer indication of his wealth and business interests. But he has submitted federal forms disclosing his and his family's income, assets and liabilities.

"President Trump welcomed the opportunity to voluntarily file his personal financial disclosure form," the White House said in a statement, adding that the form was "certified by the Office of Government Ethics pursuant to its normal procedures."

An Office of Government Ethics spokesman declined to comment on the contents of the report, other than to say that it was certified by the office, which is an ethics watchdog for federal government employees.

Trump released a disclosure form in May 2016 that his campaign at the time said showed his net worth was US$10 billion. Some critics disputed that figure as overblown.

Before taking office in January, Trump was a New York real estate developer and television celebrity.</s>The Office of Government Ethics released a new financial disclosure report from President Donald Trump Friday.

A Bloomberg reporter tweeted that the report shows that his assets were worth a minimum of about $1.5 billion through April 15. The financial disclosure form shows how Trump left 555 corporate posts in the lead up to his inauguration.

The disclosure forms highlight how Trump rakes in millions from his golf courses. It states that he made $19.7 million from his Bedminster, New Jersey golf club and made $14.4 million from his Trump Turnberry golf resort in Scotland. The report also details that he got $37.2 million in income from his Florida resort Mar a Lago.

White House press secretary Sean Spicer said in a statement: “President Trump welcomed the opportunity to voluntarily file his personal financial disclosure form; while this filing is voluntary (as no report was due until May 2018), it has been certified by the Office of Government Ethics pursuant to its normal procedures.”

Check out the 98-page report here.

Trump, Donald J 2017 Financial Disclosure Report by Alex Pfeiffer on Scribd</s>Donald Trump on Friday released documents that outlined the financial health of the business assets he placed into a trust when he took office in January.

The information was in a new disclosure made voluntarily by the president to the Office of Government Ethics. The documents cover January 2016 through spring 2017.

The report showed that Trump resigned from more than 500 positions, many of them a day before his inauguration as president on 20 January. Trump listed at least $315m in liabilities, about the same as in a report he filed last year.

The documents have added importance because Trump is not following tradition among presidential candidates and office-holders by making public his tax returns. Those returns would provide more complete financial information than the personal financial disclosures, which only include broad ranges for income and debts.</s>WASHINGTON (AP) - President Donald Trump is outlining the financial health of the business assets he placed into a trust when he took office.

The information comes in a new financial disclosure he voluntarily made Friday to the Office of Government Ethics. The documents cover January 2016 through this spring.

The report shows Trump resigned from more than 500 positions, many of them a day before his inauguration as president. Trump listed at least $315 million in liabilities, about the same as in a report he filed last year.

The documents have added importance because Trump isn't following the long tradition of presidential candidates and office-holding of making public his tax returns. Those returns provide more complete financial information than the personal financial disclosures, which only include broad ranges for income and debts.</s>President Trump speaks during an event on Apprenticeship and Workforce of Tomorrow initiatives at the White House on Thursday, June 15 2017.

President Donald Trump reported on a new financial disclosure that his far-flung real estate and hotel assets are worth at least $1.4 billion, a stark illustration of the complex financial interests he has maintained in the White House.

The report, which the president voluntarily filed with the Office of Government Ethics, shows that he collected an influx of new revenue from recent foreign deals and a surge of business at his signature Mar-a-Lago property in Florida.

Trump has made his wealth a key element of his political brand, and his refusal to relinquish ownership of his company has spurred ethics complaints and legal challenges.

As a candidate, he claimed he was worth more than $10 billion, although his net worth is impossible to determine from his financial disclosures, and he has not provided independent evidence to back that up. The White House did not make any statements about his net worth when his filing was posted Friday by the ethics office.

The report does not require officials to report their exact income, tax rate or charitable giving - unlike a tax return, which the president has refused to release, breaking with past tradition.

Trump's 98-page disclosure shows he held onto the vast majority of his assets since his last disclosure in May 2016, when he reported his holdings were worth at least $1.5 billion.

However, he did sell dozens of stocks he held in brokerage accounts, including shares in Amazon, Exxon Mobil, Goldman Sachs, Microsoft, Toyota and other companies. The stocks earned him millions of dollars in capital gains and dividends.

The disclosure does not reveal when the investments were sold. However, a spokesman said in December that Trump had liquidated his entire stock portfolio in June 2016, around the time he began pouring millions into his presidential campaign.

Since January, all of Trump's business assets have been in a trust managed and controlled by his sons Donald Jr. and Eric, as well as longtime Trump Organization executive Allen Weisselberg. Documents released in April show that Trump is the beneficiary of the trust and is allowed to draw money from it at any time.

Because the new disclosure includes a four-and-a-half-month period covered by his last report, it is difficult to precisely gauge whether revenue at Trump's businesses has gone up or down. But the new report shows that his holdings generated nearly $600 million in gross revenue between January 2016 and mid-April of this year, with substantial sums coming from properties outside the United States and hotels that he has spotlighted as president.

For the first time, Trump reported income from the Trump Tower in Kolkata, India, where he holds a licensing agreement with local developers. He said he received more than $100,001 from the deal.

Likewise, his new hotel-and-condominium tower in Vancouver, British Columbia, which opened in February, was a new source of cash: Trump reported that he earned more than $5 million from the project, which was developed by the son of one Malaysia's richest men.

Trump's luxury hotel near the White House, which held its grand opening in October, reported $19.6 million in hotel-related income.

And revenue at Trump's Palm Beach club, Mar-a-Lago, climbed to $37.2 million during the 15½ month period covered by the report. In July 2015, he reported earning $15.6 million from the property in the previous 18½ months.

The president was not required to file a new financial disclosure with the Office of Government Ethics until next spring, but Trump decided to voluntarily submit an updated report in his first year in office, following the tradition of past presidents including Barack Obama and George W. Bush.

The new filing shows that Trump had at least $310 million in liabilities spread across 16 loans as of May 31, most of them mortgages, an amount similar to what he reported in his prior financial disclosure.

The liabilities probably are much larger because five of the debts were worth more than $50 million. Documents for those individual loans suggest Trump actually has a minimum of $500 million in debt.

Trump's refusal to divest his holdings before taking office have triggered a cascade of complaints related to the use of government resources to promote properties such as Mar-a-Lago, allegations that he is violating the Constitution's foreign emoluments clause and questions about how he is being used to promote the Trump Organization's projects abroad.

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

Trump's tax attorney, Sheri Dillon, told reporters in January that by setting up a trust he was taking "all steps realistically possible to make it clear that he is not exploiting the office of the presidency for his personal benefit."

Trump's disclosure reflected the apparent demise of the high-end skin-care line of his wife, Melania, which included anti-aging products made with caviar. The Melania Marks company is no longer listed as one of her assets.

The first lady drew wide criticism earlier this year when she claimed in a libel lawsuit that a defamatory story in the Daily Mail had derailed her "once-in-a-lifetime opportunity" to launch a broad commercial brand and bring in multimillion-dollar business opportunities.

Melania Trump previously reported between $15,001 and $50,000 in income from her accessories line. But during the past year, she listed no income from the brand.

The Post's Amy Brittain, Tom Hamburger, Michael Kranish, Steven Mufson and Steven Rich contributed to this report.</s>Donald Trump reported income of at least $594 million contrary to $10 million in May 2016</s>US President has reported hundreds of millions of dollars in in a financial disclosure form, the media reported.

The numbers were reported in a 98-page disclosure form signed by Trump this week and made public by the Office of Government Ethics late Friday. The report covers January 2016 through April 15, 2017, reports CNN.

Trump reported $37.2 million in in the past year from Mar-a-Lago, the private Florida resort where the President hosted his Chinese counterpart Xi Jinping. The club has doubled its membership fee in the past year.

The Mar-a-Lago figure was $7.4 million higher than on his previous financial disclosure filing, in May 2016.

At his golf courses alone, Trump reported $288 million in which includes $19.8 million from his club in Bedminster, New Jersey, where he has spent some weekends as President.

He also reported $19.7 million in through mid-April at his luxury Washington hotel that opened last September, reports CNN.

Up to $7 million was reported in book royalties, including $1 million to $5 million from his book "Great Again: How to Fix Our Crippled America".

Nearly $11 million came from the and an $84,000 pension from the Screen Actors Guild.

Trump brought in approximately $600 million to $650 million in and

However, the documents have it impossible to calculate precise totals, according to the Office of Government Ethics.

Earlier this year, Trump had said that he sold all his stock holdings in June 2016 to avoid conflicts of interest and the form released on Friday appeared to confirm it.

Overall, Trump reported liabilities of at least $311 million in mortgages and loans.

Trump last released information about his in May 2016, as a candidate. It showed Trump was worth at least $1 billion.</s>President Donald Trump had personal liabilities of at least $315.6 million to German, U.S. and other lenders as of April 2017, according to newly released documents.

Trump's liabilities include at least $130million to Deutsche Bank Trust Company Americas, a unit of German-based Deutsche Bank AG, according to a 98-page disclosure document posted by the U.S. Office of Government Ethics Friday.

His income, on the other hand, clocked in at at least $594 million in the year leading up to April 2017, while his assets added up to at least $1.4 billion.

The largest component of Trump's income was $115.9 million listed as golf-resort related revenues from Trump National Doral in Miami, Florida.

Revenue from his Mar-a-Lago resort in Palm Beach, where Trump has spent many of his weekends as president, grew by 25 percent. Initiation fees doubled to $200,000 after Trump's election.

The exact figures could total much more, since many of the disclosures are listed as a wide range.

And five of the 16 liabilities are simply listed 'Over $50,000,000' without an exact sum.

Deutsche Bank Trust Company Americas, a unit of German-based Deutsche Bank AG, was Trump's biggest creditors, with total liabilities adding up to at least $130million.

They include a $50 million loan for the Old Post Office, a landmark historic property in downtown Washington that he recently redeveloped into a hotel located near the White House. It earned him nearly $20 million.

Trump also reported liabilities of at least $110 million to Ladder Capital, a commercial real estate lender with offices in New York, Los Angeles and Boca Raton, Florida.

As for his income, revenue from Trump National Doral made up the largest block of Trump's income with $115.9million, even though that figure was down from $132 million he reported a year ago.

Business was booming at many of his other hotels and resorts.

Revenue from Trump Corporation, his real-estate management company, nearly tripled to $18 million, while revenue from Mar-a-Lago grew by 25 percent to $37.25 million.

Trump's Bedminister, New Jersey, golf club, another one of his favorite destinations as president, raked in $19.75 million.

He also earned $11 million 'beauty pageant related revenue' despite selling Miss Universe in 2015.

Meanwhile, revenue from television shows like The Apprentice fell to $1.1 million, down from $6 million a year earlier.

Trump's book The Art of the Deal is having a comeback, with royalties from the 1987 autobiography ranging between $100,000 and $1 million - compared to a previous report citing the royalties between $50,000 and $100,000.

At was notably gifted to North Korea's dictator Kim Jong Un on a recent visit by the former basketball star Dennis Rodman.

Trump's management fees from Indonesian companies tied to two planned resorts there more than doubled. The latest disclosure puts the fees at $380,000, up from $167,000 he reported in 2016.

The document also showed Trump held officer positions in 565 corporations or other entities before becoming U.S. president. His tenure in most of those posts ended on Jan. 19, the day before his inauguration.

Most of the entities involved were based in the United States, with a handful in Scotland, Ireland, Canada, Brazil, Bermuda and elsewhere.

Trump has refused to release his tax returns, which would give a much clearer indication of his wealth and business interests. But he has submitted federal forms disclosing his and his family's income, assets and liabilities.

'President Trump welcomed the opportunity to voluntarily file his personal financial disclosure form,' the White House said in a statement, adding that the form was 'certified by the Office of Government Ethics pursuant to its normal procedures.'

An Office of Government Ethics spokesman declined to comment on the contents of the report, other than to say that it was certified by the office, which is an ethics watchdog for federal government employees.

Trump released a disclosure form in May 2016 that his campaign at the time said showed his net worth was $10 billion. Some critics disputed that figure as overblown.
The U.S. Office of Government Ethics certifies President Donald Trump's financial report which discloses over $315.6 million in personal liabilities and exceeding $1.4 billion in assets as of mid-2017, for revenues of more than $594 million over 2016 and early 2017.