XML 36 R25.htm IDEA: XBRL DOCUMENT
v3.19.1

Intangible Assets, Net (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of intangible assets | At March 31, 2019, the Company’s intangible assets, net, consisted of the following:
|  | Useful |  | Gross |  |  |  |  |  | Net |
|  | Life |  | March 31, |  |  | Accumulated |  |  | March 31, |
|  | (Years) |  | 2019 |  |  | Amortization |  |  | 2019 |
Indefinite Lived Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Medicare license |  | N/A |  | $ | 1,994,000 |  |  | $ | - |  |  | $ | 1,994,000 |
Amortized Intangible Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Network relationships |  | 11 - 15 |  |  | 109,883,000 |  |  |  | (51,215,352 | ) |  |  | 58,667,648 |
Management contracts |  | 15 |  |  | 22,832,000 |  |  |  | (8,031,971 | ) |  |  | 14,800,029 |
Member relationships |  | 12 |  |  | 6,696,000 |  |  |  | (1,555,286 | ) |  |  | 5,140,714 |
Patient management platform |  | 5 |  |  | 2,060,000 |  |  |  | (549,333 | ) |  |  | 1,510,667 |
Tradename/trademarks |  | 20 |  |  | 1,011,000 |  |  |  | (67,400 | ) |  |  | 943,600 |
|  |  |  | $ | 144,476,000 |  |  | $ | (61,419,342 | ) |  | $ | 83,056,658 |
At December 31, 2018, the Company’s intangible assets, net, consisted of the following:
|  | Useful |  | Gross |  |  |  |  |  | Net |
|  | Life |  | December 31, |  |  | Accumulated |  |  | December 31, |
|  | (Years) |  | 2018 |  |  | Amortization |  |  | 2018 |
Indefinite Lived Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Medicare license |  | N/A |  | $ | 1,994,000 |  |  | $ | - |  |  | $ | 1,994,000 |
Amortized Intangible Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Network relationships |  | 11 - 15 |  |  | 109,883,000 |  |  |  | (48,361,773 | ) |  |  | 61,521,227 |
Management contracts |  | 15 |  |  | 22,832,000 |  |  |  | (7,447,581 | ) |  |  | 15,384,419 |
Member relationships |  | 12 |  |  | 6,696,000 |  |  |  | (1,289,667 | ) |  |  | 5,406,333 |
Patient management platform |  | 5 |  |  | 2,060,000 |  |  |  | (446,333 | ) |  |  | 1,613,667 |
Tradename/trademarks |  | 20 |  |  | 1,011,000 |  |  |  | (54,763 | ) |  |  | 956,237 |
|  |  |  | $ | 144,476,000 |  |  | $ | (57,600,117 | ) |  | $ | 86,875,883 |
Schedule of future amortization expense | Future amortization expense is estimated to be as follows for the years ending December 31:
|  | Amount |
2019 (excluding the three months ended March 31, 2019) |  | $ | 10,661,000 |
2020 |  |  | 12,671,000 |
2021 |  |  | 10,960,000 |
2022 |  |  | 9,448,000 |
2023 |  |  | 7,790,000 |
Thereafter |  |  | 29,532,000 |
|  | $ | 81,062,000 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill and intangible assets, which may be broken down by segment or major class. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 + Details
Name: | us-gaap_ScheduleOfIntangibleAssetsAndGoodwillTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration