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6. INVESTMENT IN JOINT VENTURES (Tables)
9 Months Ended
Sep. 30, 2012
Investment In Joint Ventures Tables  
INVESTMENT IN JOINT VENTURES

 

Investment in joint ventures at December 31, 2011   $ 22,326  
Fair value of remaining interest in de-consolidated joint venture (see Note 2)     1,936  
Initial investment in joint venture imaging center  located in Cedar Knolls, New Jersey (see Note 2)     1,836  
Additional investment in an existing joint venture imaging center     920  
Final purchase accounting adjustment to the fair value of joint venture interests acquired 
with our acquisition of Raven Holdings (see Note 2)
    933  
Equity in earnings of joint ventures for the nine months ended September 30, 2012     4,157  
Distributions from joint ventures received during the nine months ended September 30, 2012     (5,526 )
Investment in joint ventures at September 30, 2012   $ 26,582  

 

Key financial data in joint ventures
Balance Sheet Data:   September 30, 2012          
Current assets   $ 16,406          
Noncurrent assets     39,937          
Current liabilities     (6,377 )        
Noncurrent liabilities     (4,848 )        
Total net assets   $ 45,118          
                 
Book value of RadNet joint venture interests   $ 22,813          
Cost in excess of book value of acquired joint venture interests     3,511          
Elimination of intercompany profit remaining on RadNet's consolidated balance sheet     258          
Total value of RadNet joint venture interests   $ 26,582          
                 
Total book value of other joint venture partner interests   $ 22,305          
                 
Income statement data for the nine months ended September 30,     2012       2011  
                 
Net revenue   $ 60,954     $ 55,984  
Net income   $ 9,011     $ 8,495