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Revenue Recognition (Tables) | 12 Months Ended
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Dec. 31, 2018
Revenue from Contract with Customer [Abstract] |
Schedule of Change in Accounting Estimate | The table below presents the impact of the adoption of Topic 606 on the Company’s consolidated statements of income.
|  | Year Ended December 31, 2018 |
|  | Under ASC |  |  | Effect of ASC |  |  | As Reported |
|  | 605 |  |  | 606 |  |  | Under ASC 606 |
Risk pool settlements and incentives |  | $ | 64,498,841 |  |  | $ | 36,429,000 |  |  | $ | 100,927,841 |
Total revenue |  |  | 483,478,752 |  |  |  | 36,429,000 |  |  |  | 519,907,752 |
Provision for income taxes |  |  | 12,173,610 |  |  |  | 10,186,030 |  |  |  | 22,359,640 |
Net income |  |  | 34,024,521 |  |  |  | 26,242,970 |  |  |  | 60,267,491 |
Net income attributable to noncontrolling interest |  |  | 26,337,701 |  |  |  | 23,094,788 |  |  |  | 49,432,489 |
Net income attributable to Apollo Medical Holdings, Inc. |  | $ | 7,686,820 |  |  | $ | 3,148,182 |  |  | $ | 10,835,002 |
Earnings per share - basic |  | $ | 0.23 |  |  | $ | 0.10 |  |  | $ | 0.33 |
Earnings per share - diluted |  | $ | 0.21 |  |  | $ | 0.08 |  |  | $ | 0.29 |
The table below presents the impact of the adoption of Topic 606 on the Company’s consolidated balance sheet.
|  | December 31, 2018 |
|  | Under ASC |  |  | Effect of ASC |  |  | As Reported |
|  | 605 |  |  | 606 |  |  | Under ASC 606 |
Assets |  |  |  |  |  |  |  |  |  |  |  |
Receivables, net – related party |  | $ | 12,292,325 |  |  | $ | 36,429,000 |  |  | $ | 48,721,325 |
Total assets |  |  | 476,570,049 |  |  |  | 36,429,000 |  |  |  | 512,999,049 |
Current liabilities |  |  |  |  |  |  |  |  |  |  |  |
Income taxes payable |  |  | 1,435,831 |  |  |  | 10,186,030 |  |  |  | 11,621,861 |
Deferred tax liability |  |  | 17,181,362 |  |  |  | 2,434,573 |  |  |  | 19,615,935 |
Mezzanine equity |  |  |  |  |  |  |  |  |  |  |  |
Noncontrolling interest in Allied Pacific of California IPA |  |  | 202,022,241 |  |  |  | 23,094,788 |  |  |  | 225,117,029 |
Shareholders’ equity |  |  |  |  |  |  |  |  |  |  |  |
Retained earnings |  |  | 14,640,021 |  |  |  | 3,148,182 |  |  |  | 17,788,203 |
Total liabilities, mezzanine equity and stockholders' equity |  | $ | 476,570,049 |  |  | $ | 36,429,000 |  |  | $ | 512,999,049 |
Schedule of Prospective Adoption of New Accounting Pronouncements | The cumulative effect of changes made to the Company’s 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, net – related party |  | $ | 12,514,492 |  |  | $ | 11,600,000 |  |  | $ | 24,114,492 |
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 year ended December 31, 2018 and 2017:
Year Ended December 31, |  | 2018 |  |  | 2017 |
Commercial |  | $ | 197,008,079 |  |  | $ | 116,947,692 |
Medicare |  |  | 187,862,209 |  |  |  | 120,448,509 |
Medicaid |  |  | 90,850,313 |  |  |  | 92,590,894 |
Other third parties |  |  | 44,187,151 |  |  |  | 26,368,835 |
Revenue |  | $ | 519,907,752 |  |  | $ | 356,355,930 |

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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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