XML 32 R62.htm IDEA: XBRL DOCUMENT v2.4.0.8
14. SUPPLEMENTAL GUARANTOR INFORMATION (Details-Balance Sheet) (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
CURRENT ASSETS        
Cash and cash equivalents $ 8,412 $ 362 $ 2,455 $ 627
Accounts receivable, net 133,599 129,194    
Current portion of deferred tax assets 13,321 7,607    
Prepaid expenses and other current assets 21,012 18,737    
Total current assets 176,344 155,900    
PROPERTY AND EQUIPMENT, NET 218,547 216,560    
OTHER ASSETS        
Goodwill 196,395 193,871 159,507 143,353
Other intangible assets 50,042 51,674    
Deferred financing costs, net of current portion 8,735 11,977    
Investment in subsidiaries 0 0    
Investment in joint ventures 28,949 28,598    
Deferred tax assets, net of current portion 39,914 48,535    
Deposits and other 3,650 3,749    
Total assets 722,576 710,864    
LIABILITIES AND STOCKHOLDERS' EQUITY DEFICIT        
Intercompany 0 0    
Accounts payable, accrued expenses and other 106,316 106,357    
Due to affiliates 2,655 1,602    
Deferred revenue 1,344 1,273    
Current portion of notes payable 3,103 4,703    
Current portion of deferred rent 1,896 1,164    
Current portion of obligations under capital leases 3,075 3,942    
Total current liabilities 118,389 119,041    
LONG-TERM LIABILITIES        
Deferred rent, net of current portion 18,989 15,850    
Line of credit 0 33,000    
Notes payable, net of current portion 572,669 537,009    
Obligations under capital lease, net of current portion 2,779 3,753    
Other non-current liabilities 7,540 8,895    
Total liabilities 720,366 717,548    
EQUITY (DEFICIT)        
Total RadNet, Inc.'s equity (deficit) (80) (7,318)    
Noncontrolling interests 2,290 634    
Total equity (deficit) 2,210 (6,684) (69,807) (82,473)
Total liabilities and stockholders' equity (deficit) 722,576 710,864    
Parent [Member]
        
CURRENT ASSETS        
Cash and cash equivalents 0 0 0 0
Accounts receivable, net 0 0    
Current portion of deferred tax assets 0 0    
Prepaid expenses and other current assets 0 0    
Total current assets 0 0    
PROPERTY AND EQUIPMENT, NET 0 0    
OTHER ASSETS        
Goodwill 0 0    
Other intangible assets 0 0    
Deferred financing costs, net of current portion 0 0    
Investment in subsidiaries (80) (7,318)    
Investment in joint ventures 0 0    
Deferred tax assets, net of current portion 0 0    
Deposits and other 0 0    
Total assets (80) (7,318)    
LIABILITIES AND STOCKHOLDERS' EQUITY DEFICIT        
Intercompany 0 0    
Accounts payable, accrued expenses and other 0 0    
Due to affiliates 0 0    
Deferred revenue 0 0    
Current portion of notes payable 0 0    
Current portion of deferred rent 0 0    
Current portion of obligations under capital leases 0 0    
Total current liabilities 0 0    
LONG-TERM LIABILITIES        
Deferred rent, net of current portion 0 0    
Line of credit 0 0    
Notes payable, net of current portion 0 0    
Obligations under capital lease, net of current portion 0 0    
Other non-current liabilities 0 0    
Total liabilities 0 0    
EQUITY (DEFICIT)        
Total RadNet, Inc.'s equity (deficit) (80) (7,318)    
Noncontrolling interests 0 0    
Total equity (deficit) (80) (7,318)    
Total liabilities and stockholders' equity (deficit) (80) (7,318)    
Subsidiary Issuer [Member]
        
CURRENT ASSETS        
Cash and cash equivalents 0 362 1,366 205
Accounts receivable, net 0 0    
Current portion of deferred tax assets 0 0    
Prepaid expenses and other current assets 13,982 9,735    
Total current assets 13,982 10,097    
PROPERTY AND EQUIPMENT, NET 54,271 48,025    
OTHER ASSETS        
Goodwill 49,444 48,954    
Other intangible assets 130 170    
Deferred financing costs, net of current portion 8,735 11,977    
Investment in subsidiaries 368,682 338,113    
Investment in joint ventures 1,053 0    
Deferred tax assets, net of current portion 0 0    
Deposits and other 1,486 1,821    
Total assets 497,783 459,157    
LIABILITIES AND STOCKHOLDERS' EQUITY DEFICIT        
Intercompany (132,501) (176,217)    
Accounts payable, accrued expenses and other 44,241 57,939    
Due to affiliates 0 0    
Deferred revenue 0 0    
Current portion of notes payable 1,700 3,500    
Current portion of deferred rent 1,097 574    
Current portion of obligations under capital leases 435 1,186    
Total current liabilities (85,028) (113,018)    
LONG-TERM LIABILITIES        
Deferred rent, net of current portion 11,129 9,579    
Line of credit 0 33,000    
Notes payable, net of current portion 571,516 536,248    
Obligations under capital lease, net of current portion 246 666    
Other non-current liabilities 0 0    
Total liabilities 497,863 466,475    
EQUITY (DEFICIT)        
Total RadNet, Inc.'s equity (deficit) (80) (7,318)    
Noncontrolling interests 0 0    
Total equity (deficit) (80) (7,318)    
Total liabilities and stockholders' equity (deficit) 497,783 459,157    
Guarantor Subsidiaries [Member]
        
CURRENT ASSETS        
Cash and cash equivalents 8,412 0 0 0
Accounts receivable, net 56,696 76,838    
Current portion of deferred tax assets 13,321 7,607    
Prepaid expenses and other current assets 6,336 8,308    
Total current assets 84,765 92,753    
PROPERTY AND EQUIPMENT, NET 157,981 168,401    
OTHER ASSETS        
Goodwill 142,211 144,072    
Other intangible assets 49,831 51,394    
Deferred financing costs, net of current portion 0 0    
Investment in subsidiaries 26,037 9,217    
Investment in joint ventures 27,896 28,598    
Deferred tax assets, net of current portion 39,914 48,535    
Deposits and other 2,085 1,928    
Total assets 530,720 544,898    
LIABILITIES AND STOCKHOLDERS' EQUITY DEFICIT        
Intercompany 87,529 138,223    
Accounts payable, accrued expenses and other 48,906 42,124    
Due to affiliates 2,655 1,602    
Deferred revenue 1,344 1,273    
Current portion of notes payable 1,325 1,203    
Current portion of deferred rent 759 590    
Current portion of obligations under capital leases 1,876 2,756    
Total current liabilities 144,394 187,771    
LONG-TERM LIABILITIES        
Deferred rent, net of current portion 7,480 6,271    
Line of credit 0 0    
Notes payable, net of current portion 91 761    
Obligations under capital lease, net of current portion 2,533 3,087    
Other non-current liabilities 7,540 8,895    
Total liabilities 162,038 206,785    
EQUITY (DEFICIT)        
Total RadNet, Inc.'s equity (deficit) 368,682 338,113    
Noncontrolling interests 0 0    
Total equity (deficit) 368,682 338,113    
Total liabilities and stockholders' equity (deficit) 530,720 544,898    
Non-Guarantor Subsidiaries [Member]
        
CURRENT ASSETS        
Cash and cash equivalents 0 0 1,089 422
Accounts receivable, net 76,903 52,356    
Current portion of deferred tax assets 0 0    
Prepaid expenses and other current assets 694 694    
Total current assets 77,597 53,050    
PROPERTY AND EQUIPMENT, NET 6,295 134    
OTHER ASSETS        
Goodwill 4,740 845    
Other intangible assets 81 110    
Deferred financing costs, net of current portion 0 0    
Investment in subsidiaries 0 0    
Investment in joint ventures 0 0    
Deferred tax assets, net of current portion 0 0    
Deposits and other 79 0    
Total assets 88,792 54,139    
LIABILITIES AND STOCKHOLDERS' EQUITY DEFICIT        
Intercompany 44,972 37,994    
Accounts payable, accrued expenses and other 13,169 6,294    
Due to affiliates 0 0    
Deferred revenue 0 0    
Current portion of notes payable 78 0    
Current portion of deferred rent 40 0    
Current portion of obligations under capital leases 764 0    
Total current liabilities 59,023 44,288    
LONG-TERM LIABILITIES        
Deferred rent, net of current portion 380 0    
Line of credit 0 0    
Notes payable, net of current portion 1,062 0    
Obligations under capital lease, net of current portion 0 0    
Other non-current liabilities 0 0    
Total liabilities 60,465 44,288    
EQUITY (DEFICIT)        
Total RadNet, Inc.'s equity (deficit) 26,037 9,217    
Noncontrolling interests 2,290 634    
Total equity (deficit) 28,327 9,851    
Total liabilities and stockholders' equity (deficit) 88,792 54,139    
Eliminations [Member]
        
CURRENT ASSETS        
Cash and cash equivalents 0 0 0 0
Accounts receivable, net 0 0    
Current portion of deferred tax assets 0 0    
Prepaid expenses and other current assets 0 0    
Total current assets 0 0    
PROPERTY AND EQUIPMENT, NET 0 0    
OTHER ASSETS        
Goodwill 0 0    
Other intangible assets 0 0    
Deferred financing costs, net of current portion 0 0    
Investment in subsidiaries (394,639) (340,012)    
Investment in joint ventures 0 0    
Deferred tax assets, net of current portion 0 0    
Deposits and other 0 0    
Total assets (394,639) (340,012)    
LIABILITIES AND STOCKHOLDERS' EQUITY DEFICIT        
Intercompany 0 0    
Accounts payable, accrued expenses and other 0 0    
Due to affiliates 0 0    
Deferred revenue 0 0    
Current portion of notes payable 0 0    
Current portion of deferred rent 0 0    
Current portion of obligations under capital leases 0 0    
Total current liabilities 0 0    
LONG-TERM LIABILITIES        
Deferred rent, net of current portion 0 0    
Line of credit 0 0    
Notes payable, net of current portion 0 0    
Obligations under capital lease, net of current portion 0 0    
Other non-current liabilities 0 0    
Total liabilities 0 0    
EQUITY (DEFICIT)        
Total RadNet, Inc.'s equity (deficit) (394,639) (340,012)    
Noncontrolling interests 0 0    
Total equity (deficit) (394,639) (340,012)    
Total liabilities and stockholders' equity (deficit) $ (394,639) $ (340,012)