NOTE 10 - SUBSEQUENT EVENTS	9 Months Ended
Sep. 30, 2011
Subsequent Events [Text Block]	NOTE 10 – SUBSEQUENT EVENTS On November 7, 2011, we executed an agreement to acquire American Radiology Services and The Imaging Institute, owners and operators of 15 diagnostic imaging centers in Maryland (two of which are held in joint ventures with hospital partners), one center in Delaware and five centers in Rhode Island. We purchased the operations for approximately $38.0 million in aggregate consideration, consisting of approximately $26.0 million in cash, $9.0 million in a note payable to the seller and approximately $3.0 million of assumed debt. In addition, as part of the transaction, approximately $5.5 million of debt obligations was assumed within the two Maryland joint ventures. The acquisition will substantially increase the size of our Maryland and Delaware presence from 61 centers to 77 centers and provide us with a new market platform in Rhode Island, from which we can grow. In conjunction with the acquisition on November 8, RadNet has increased the size of its senior secured revolving credit facility by $21.25 million (“Incremental Commitments”), to $121.25 million of total borrowing capacity. The increase in the facility size is to provide additional borrowing availability to fund acquisitions and general working capital needs. The Incremental Commitments is part of the RadNet’s existing revolving credit facility. Under the Incremental Commitments, we may request the interest rate be based upon LIBOR (subject to a 2% LIBOR floor) plus an applicable LIBOR margin of 4.25%. The securing of the Incremental Commitments increased the applicable LIBOR margin on the existing $100 million revolving credit facility to 4.25% from 3.75%.

NOTE 10 - SUBSEQUENT EVENTS

9 Months Ended

Sep. 30, 2011

NOTE 10 – SUBSEQUENT EVENTS

On November 7, 2011, we executed an agreement to acquire American Radiology Services and The Imaging Institute, owners and operators of 15 diagnostic imaging centers in Maryland (two of which are held in joint ventures with hospital partners), one center in Delaware and five centers in Rhode Island. We purchased the operations for approximately $38.0 million in aggregate consideration, consisting of approximately $26.0 million in cash, $9.0 million in a note payable to the seller and approximately $3.0 million of assumed debt. In addition, as part of the transaction, approximately $5.5 million of debt obligations was assumed within the two Maryland joint ventures. The acquisition will substantially increase the size of our Maryland and Delaware presence from 61 centers to 77 centers and provide us with a new market platform in Rhode Island, from which we can grow.

In conjunction with the acquisition on November 8, RadNet has increased the size of its senior secured revolving credit facility by $21.25 million (“Incremental Commitments”), to $121.25 million of total borrowing capacity. The increase in the facility size is to provide additional borrowing availability to fund acquisitions and general working capital needs. The Incremental Commitments is part of the RadNet’s existing revolving credit facility. Under the Incremental Commitments, we may request the interest rate be based upon LIBOR (subject to a 2% LIBOR floor) plus an applicable LIBOR margin of 4.25%. The securing of the Incremental Commitments increased the applicable LIBOR margin on the existing $100 million revolving credit facility to 4.25% from 3.75%.