Trump's annual financial report shows big drop in Florida resort income

President Donald Trump speaks to workers at the Cameron LNG (Liquid Natural Gas) Export Facility in Hackberry, Louisiana, May 14, 2019.

Leah Millis | Reuters

President Donald Trump's latest financial disclosure report was released publicly Thursday, revealing a drop in income at his Florida luxury resort Mar-A-Lago.

The report covers the president's finances for 2018, his second year in office.

Trump declared on the form that last year he received a 30-year mortgage loan of between $5 million and $25 million in 2018 from Professional Bank, a small Florida bank, for a property identified as 1125 South Ocean LLC. The mortgage loan was granted at annual interest rate of 4.5%.

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