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Revenue Recognition (Tables) | 9 Months Ended
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Sep. 30, 2018
Revenue from Contract with Customer [Abstract] |
Schedule of Change in Accounting Estimate | The table below presents the impact of the adoption of ASC 606 on the Company’s condensed consolidated statements of income .
|  | Three months ended September 30, 2018 |
|  | Under ASC |  |  | Effect of ASC |  |  | As Reported |
|  | 605 |  |  | 606 |  |  | Under ASC 606 |
Risk pool settlements and incentives |  | $ | 32,288,932 |  |  | $ | 25,500,000 |  |  | $ | 57,788,932 |
Total revenue |  |  | 141,780,410 |  |  |  | 25,500,000 |  |  |  | 167,280,410 |
Provision for income taxes |  |  | 7,450,124 |  |  |  | 7,135,818 |  |  |  | 14,585,942 |
Net income |  |  | 20,261,258 |  |  |  | 18,364,182 |  |  |  | 38,625,440 |
Net income attributable to noncontrolling interest |  |  | 13,358,562 |  |  |  | 16,160,481 |  |  |  | 29,519,043 |
Net income attributable to Apollo Medical Holdings, Inc. |  | $ | 6,902,696 |  |  | $ | 2,203,701 |  |  | $ | 9,106,397 |
Earnings per share - basic |  | $ | 0.21 |  |  | $ | 0.07 |  |  | $ | 0.28 |
Earnings per share - diluted |  | $ | 0.18 |  |  | $ | 0.06 |  |  | $ | 0.24 |
|  | Nine months ended September 30, 2018 |
|  | Under ASC |  |  | Effect of ASC |  |  | As Reported |
|  | 605 |  |  | 606 |  |  | Under ASC 606 |
Risk pool settlements and incentives |  | $ | 60,741,885 |  |  | $ | 28,900,000 |  |  | $ | 89,641,885 |
Total revenue |  |  | 385,551,683 |  |  |  | 28,900,000 |  |  |  | 414,451,683 |
Provision for income taxes |  |  | 15,251,328 |  |  |  | 8,087,261 |  |  |  | 23,338,589 |
Net income |  |  | 41,395,949 |  |  |  | 20,812,739 |  |  |  | 62,208,688 |
Net income attributable to noncontrolling interest |  |  | 29,962,523 |  |  |  | 18,315,211 |  |  |  | 48,277,734 |
Net income attributable to Apollo Medical Holdings, Inc. |  | $ | 11,433,426 |  |  | $ | 2,497,528 |  |  | $ | 13,930,954 |
Earnings per share - basic |  | $ | 0.35 |  |  | $ | 0.08 |  |  | $ | 0.43 |
Earnings per share - diluted |  | $ | 0.30 |  |  | $ | 0.07 |  |  | $ | 0.37 |
The table below presents the impact of the adoption of ASC 606 on the Company’s consolidated balance sheet.
|  | September 30, 2018 |
|  | Under ASC |  |  | Effect of ASC |  |  | As Reported |
|  | 605 |  |  | 606 |  |  | Under ASC 606 |
Assets |  |  |  |  |  |  |  |  |  |  |  |
Trade accounts receivable, net |  | $ | 41,184,171 |  |  | $ | 28,900,000 |  |  | $ | 70,084,171 |
Total assets |  |  | 522,998,869 |  |  |  | 28,900,000 |  |  |  | 551,898,869 |
Noncurrent liabilities |  |  |  |  |  |  |  |  |  |  |  |
Deferred tax liability |  |  | 26,564,409 |  |  |  | 8,087,261 |  |  |  | 34,651,670 |
Mezzanine equity |  |  |  |  |  |  |  |  |  |  |  |
Noncontrolling interest in Alliled Pacific of California IPA |  |  | 206,832,046 |  |  |  | 18,315,211 |  |  |  | 225,147,257 |
Shareholders’ equity |  |  |  |  |  |  |  |  |  |  |  |
Retained earnings |  |  | 14,602,537 |  |  |  | 2,497,528.00 |  |  |  | 17,100,065 |
Total liabilities, mezzanine equity and stockholders' equity |  | $ | 522,998,869 |  |  | $ | 28,900,000 |  |  | $ | 551,898,869 |
Schedule of Prospective Adoption of New Accounting Pronouncements | The cumulative effect of changes made to the Company’s condensed consolidated balance sheet as of January 1, 2018 for the adoption of Topic 606 were as follows:
|  | Balance at December 31, 2017 |  |  | Adjustments due to Topic 606 |  |  | Balance at January 1, 2018 |
Current Assets |  |  |  |  |  |  |  |  |  |  |  |
Receivables |  | $ | 20,117,304 |  |  | $ | 11,600,000 |  |  | $ | 31,717,304 |
Liabilities, Mezzanine Equity and Stockholders’ Equity |  |  |  |  |  |  |  |  |  |  |  |
Noncurrent Liabilities |  |  |  |  |  |  |  |  |  |  |  |
Deferred tax liability |  | $ | 24,916,598 |  |  | $ | 3,246,098 |  |  | $ | 28,162,696 |
Mezzanine equity |  |  |  |  |  |  |  |  |  |  |  |
Noncontrolling interest in Allied Pacific of California IPA |  | $ | 172,129,744 |  |  | $ | 7,351,434 |  |  | $ | 179,481,178 |
Stockholders’ Equity |  |  |  |  |  |  |  |  |  |  |  |
Retained earnings |  | $ | 1,734,531 |  |  | $ | 1,002,468 |  |  | $ | 2,736,999 |
Disaggregation of Revenue | The following table presents disaggregated revenue generated by each payor type for the three and nine months ended September 30, 2018 and 2017:
Three Months Ended |  | September 30, 2018 |  |  | September 30, 2017 |
Commercial |  | $ | 136,477,858 |  |  | $ | 95,225,914 |
Medicare |  |  | 30,534,724 |  |  |  | 1,840,804 |
Medicaid |  |  | 183,618 |  |  |  | - |
Other third parties |  |  | 84,210 |  |  |  | 67,563 |
Revenue |  | $ | 167,280,410 |  |  | $ | 97,134,281 |
Nine Months Ended |  | September 30, 2018 |  |  | September 30, 2017 |
Commercial |  | $ | 339,721,075 |  |  | $ | 258,462,109 |
Medicare |  |  | 73,995,902 |  |  |  | 5,163,909 |
Medicaid |  |  | 543,762 |  |  |  | - |
Other third parties |  |  | 190,944 |  |  |  | 156,025 |
Revenue |  | $ | 414,451,683 |  |  | $ | 263,782,043 |

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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=109196051&loc=SL49130545-203045 + Details
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- Definition Tabular disclosure of the change in an accounting estimate, including a change that occurs in an interim period. If a change in accounting estimate affects several future periods (for example, a change in the service life of a depreciable asset) disclose the effect on income from continuing operations, net income (or other appropriate captions of changes in the applicable net assets or performance indicator), and any related per-share amounts of the current period. Disclosure of the effects of a change in an accounting estimate that occurs in the ordinary course of business (such as uncollectible accounts or inventory obsolescence) is not required, unless the effect is material. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.10-01.(a)(5)) -URI http://asc.fasb.org/extlink&oid=27015980&loc=d3e46468-122699 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 45 -Paragraph 14 -URI http://asc.fasb.org/extlink&oid=109236672&loc=d3e777-108305 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=109234566&loc=d3e22595-107794 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 250 -SubTopic 10 -Section 45 -Paragraph 18 -URI http://asc.fasb.org/extlink&oid=115929471&loc=d3e21843-107793 + Details
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