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NOTES PAYABLE, REVOLVING CREDIT FACILITY AND CAPITAL LEASES (Tables)
 12 Months Ended
Dec. 31, 2019
Debt Disclosure [Abstract]  
Schedule of revolving credit facility, notes payable, and capital lease obligations
Revolving credit facility, notes payable, and capital lease obligations:
 
 
December 31, 2019
 
December 31, 2018
First Lien Term Loans collateralized by RadNet's tangible and intangible assets
$
649,824

 
$
587,191

Discount on First Lien Term Loans
(13,579
)
 
(15,112
)
Term Loan Agreement collateralized by NJIN's tangible and intangible assets
55,875

 
59,250

Revolving Credit Facility
—

 
28,000

Promissory note payable to the former owner of a practice acquired at an interest rate of 1.5% due through 2019
—

 
199

Equipment notes payable at interest rates ranging from 4.4% to 5.6%, due through 2020, collateralized by medical equipment
275

 
632

Obligations under capital leases at interest rates ranging from 3.7% to 9.3%, due through 2022, collateralized by medical and office equipment (1)
—

 
12,119

Total debt obligations
692,395

 
672,279

Less current portion
(39,691
)
 
(39,267
)
Long-term portion debt obligations
$
652,704

 
$
633,012
Schedule of annual principal maturities of notes payable
The following is a listing of annual principal maturities of notes payable exclusive of all related discounts and repayments on our revolving credit facilities for years ending December 31 (in thousands):

2020
$
43,571

2021
43,670

2022
44,795

2023
573,938

Total notes payable obligations
$
705,974
Schedule of term loans and financing activity
Included in our consolidated balance sheets at December 31, 2019 are $636.2 million of First Lien Term Loans and $55.9 million of SunTrust Term Loan debt for a combined total of $692.1 million (net of unamortized discounts of $13.6 million) in thousands:

 
Face Value
 
Discount
 
Total Carrying
Value
First Lien Term Loans
$
649,824

 
$
(13,579
)
 
$
636,245

Term Loan Agreement
55,875

 
—

 
55,875

Total Term Loans
$
705,699

 
$
(13,579
)
 
$
692,120
Schedule of leverage ratio Interest rates and fees of the applicable margin for borrowing under the SunTrust Restated Credit Agreement adjust depending on our leverage ratio, according to the following table:

Pricing Level
Leverage Ratio
Applicable Margin for Eurodollar Loans
Applicable Margin for Base Rate Loans
Applicable Margin for Letter of Credit Fees
Applicable Percentage for Commitment Fee
I
Greater than or equal to 3.00:1.00
2.75%
per annum
1.75%
per annum
2.75%
per annum
0.45%
per annum
II
Less than 3.00:1.00 but greater than or equal to 2.50:1.00
2.25%
per annum
1.25%
per annum
2.25%
per annum
0.40%
per annum
III
Less than 2.50:1.00 but greater than or equal to
2.00:1.00
2.00%
per annum
1.00%
per annum
2.00%
per annum
0.35%
per annum
IV
Less than 2.00:1.00 but greater than or equal to 1.50:1.00
1.75%
per annum
0.75%
per annum
1.75%
per annum
0.30%
per annum
V
Less than 1.50:1.00
1.50%
per annum
0.50%
per annum
1.50%
per annum
0.30%
per annum

First Lien Term Loans bear interest at either an Adjusted Eurodollar Rate or a Base Rate plus an applicable margin. Rates of the applicable margin for borrowing under the First Lien Credit Agreement will alter depending on our leverage ratio, according to the following schedule:
First Lien Leverage Ratio
Eurodollar Rate Spread
Base Rate Spread
> 5.50x
4.50%
3.50%
> 4.00x but ≤ 5.50x
3.75%
2.75%
>3.50x but ≤ 4.00x
3.50%
2.50%
≤ 3.50x
3.25%
2.25%