11. Premium Finance Placement Fees (Tables)

3 Months Ended

Mar. 31, 2016

Premium Finance Placement Fees Tables

Schedule of premium finance placement fees

Placement fee revenue included in other income and the related direct expenses included in other operating expenses in the condensed consolidated statements of net income and comprehensive income are as follows (unaudited):

	For the Three Months Ended
	March 31,
	2016		2015
Placement fee revenue	$	—	$	54,343
Early termination fee		—		350,000
Direct expenses		—		(12,989	)
Net income before taxes from placement fees	$	—	$	391,354