Some Trump properties report uptick in revenue

President turned over reins of global empire to sons when he took office

WASHINGTON — President Donald Trump’s Washington hotel received almost $20 million in revenue during its first few months of operation — a period that coincided with his election and inauguration as the 45th president. His Mar-a-Lago resort in Florida, which he’s visited seven times as president, pulled in millions of dollars more than it had previously.

The new details are included in a financial disclosure that Trump voluntarily submitted Friday to the Office of Government Ethics, the first snapshot of the Trump Organization’s finances after its longtime leader became president.

When he took office in January, Trump turned over the reins of his global real estate, property management and marketing empire to his two adult sons and a senior executive. But Trump did not divest, instead placing his enormous portfolio of financial assets in a trust controlled by the executive and Donald Trump Jr. He can take back control of the trust at any time, and he’s free to withdraw cash from it as he pleases.

His latest financial disclosure covers January 2016 through this spring.

The documents have added importance because Trump isn’t following the long tradition of presidential candidates and office-holders making public their tax returns. Those returns provide more complete financial information than the financial disclosures, which include mostly broad ranges for income and debts.

The report shows Trump resigned from more than 500 positions, stepping down from many on the day before his inauguration.