XML 23 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
CURRENT ASSETS    
Cash and cash equivalents $ 234 $ 2,455
Accounts receivable, net 131,443 128,432
Asset held for sale    2,300
Prepaid expenses and other current assets 21,171 19,140
Total Current assets 152,848 152,327
PROPERTY AND EQUIPMENT, NET 219,044 215,527
OTHER ASSETS    
Goodwill 166,160 159,507
Other intangible assets 51,483 53,105
Deferred financing costs, net 11,948 13,490
Investment in joint ventures 23,119 22,326
Deposits and other 3,007 2,906
Total assets 627,609 619,188
CURRENT LIABILITIES    
Accounts payable, accrued expenses and other 109,039 103,101
Due to affiliates 4,490 3,762
Deferred revenue 1,008 1,076
Current portion of notes payable 6,275 6,608
Current portion of deferred rent 1,023 999
Current portion of obligations under capital leases 4,607 6,834
Total current liabilities 126,442 122,380
Deferred rent, net of current portion 14,965 12,407
Deferred taxes 277 277
Line of credit 59,500 58,000
Notes payable, net of current portion 481,267 484,046
Obligations under capital lease, net of current portion 2,282 3,338
Other non-current liabilities 7,834 8,547
Total liabilities 692,567 688,995
EQUITY DEFICIT    
Common stock - $.0001 par value, 200,000,000 shares authorized; 38,340,482, and 37,426,460 shares issued and outstanding at June 30, 2012 and December 31, 2011, respectively 4 4
Paid-in-capital 167,385 165,796
Accumulated other comprehensive loss (369) (946)
Accumulated deficit (232,775) (235,610)
Total Radnet, Inc.'s equity deficit (65,755) (70,756)
Noncontrolling interests 797 949
Total equity deficit (64,958) (69,807)
Total liabilities and equity deficit $ 627,609 $ 619,188