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9. Subsequent Events
9 Months Ended
Sep. 30, 2016
Subsequent Events [Abstract]  
9. Subsequent Events

State Bank of India:  On October 20, 2016, UBPL paid the final stipulated amount due to the State Bank of India as required by the One Time Settlement Sanction Letter and received relief for prior accrued interest in the amount of approximately $2.1 million.

 

On October 16, 2016, the Company launched a new $50.0 million EB-5 Phase II funding, issuing EB-5 Notes on the same terms and conditions as those issued under the Company’s EB-5 Phase I funding.