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Variable Interest Entities (VIEs) | 6 Months Ended
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Jun. 30, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Variable Interest Entities (VIEs) | Variable Interest Entities (VIEs) A VIE is defined as a legal entity whose equity owners do not have sufficient equity at risk, or, as a group, the holders of the equity investment at risk lack any of the following three characteristics: decision-making rights, the obligation to absorb losses, or the right to receive the expected residual returns of the entity. The primary beneficiary is identified as the variable interest holder that has both the power to direct the activities of the VIE that most significantly affect the entity’s economic performance and the obligation to absorb expected losses or the right to receive benefits from the entity that could potentially be significant to the VIE. The Company follows guidance on the consolidation of VIEs that requires companies to utilize a qualitative approach to determine whether it is the primary beneficiary of a VIE. See Note 2 – “Basis of Presentation and Summary of Significant Accounting Policies - Variable Interest Entities” to the accompanying consolidated financial statements for information on how the Company determines VIEs and their treatment. The following table includes assets that can only be used to settle the liabilities of APC and its VIEs, including Alpha Care and Accountable Health Care, and to which the creditors of APC, including Alpha Care and Accountable Health Care, have no recourse to the Company, nor do creditors of the Company have recourse against the assets of APC, including Alpha Care and Accountable Health Care. These assets and liabilities, with the exception of the investment in a privately held entity that does not report net asset value per share and amounts due to affiliates, which are eliminated upon consolidation with NMM, are included in the accompanying consolidated balance sheets (in thousands).
| June 30, 2021 |  | December 31, 2020
Assets |  |  |
Current assets |  |  |
Cash and cash equivalents | $ | 105,108 |  |  | $ | 126,158 |
Investment in marketable securities | 187,130 |  |  | 67,637 |
Receivables, net | 14,796 |  |  | 5,155 |
Receivables, net – related party | 66,670 |  |  | 46,718 |
Other receivables | 1,814 |  |  | 1,084 |
Prepaid expenses and other current assets | 10,262 |  |  | 14,863 |
Loan receivable – related party | 4,000 |  |  | — |
Amount due from affiliate | 16,286 |  |  | — |
Total current assets | 406,066 |  |  | 261,615 |
Noncurrent assets |  |  |
Land, property and equipment, net | 38,770 |  |  | 27,599 |
Intangible assets, net | 64,246 |  |  | 69,250 |
Goodwill | 109,460 |  |  | 109,460 |
Loans receivable – related parties | 114 |  |  | 4,145 |
Investment in affiliates | 683,733 |  |  | 225,144 |
Investments in other entities – equity method | 37,372 |  |  | 43,516 |
Investment in privately held entities | 405 |  |  | 36,584 |
Restricted cash | — |  |  | 500 |
Operating lease right-of-use assets | 5,597 |  |  | 6,298 |
Other assets | 1,812 |  |  | 17,177 |
Total noncurrent assets | 941,509 |  |  | 539,673 |
Total assets | $ | 1,347,575 |  |  | $ | 801,288 |
Current liabilities |  |  |
Accounts payable and accrued expenses | $ | 14,310 |  |  | $ | 12,963 |
Fiduciary accounts payable | 9,092 |  |  | 9,642 |
| June 30, 2021 |  | December 31, 2020
Medical liabilities | 46,256 |  |  | 37,684 |
Income taxes payable | 1,784 |  |  | 4,225 |
Dividends payable | 536 |  |  | 485 |
Amount due to affiliate | — |  |  | 22,698 |
Current portion of long-term debt | 205 |  |  | 201 |
Finance lease liabilities | 110 |  |  | 102 |
Operating lease liabilities | 1,245 |  |  | 1,242 |
Total current liabilities | 73,538 |  |  | 89,242 |
Noncurrent liabilities |  |  |
Long-term debt, net of current portion and deferred financing costs | 7,390 |  |  | 7,379 |
Deferred tax liability | 20,190 |  |  | 9,144 |
Finance lease liabilities, net of current portion | 249 |  |  | 311 |
Operating lease liabilities, net of current portion | 4,575 |  |  | 5,242 |
Other long-term liabilities | 1,195 |  |  | — |
Total noncurrent liabilities | 33,599 |  |  | 22,076 |
Total liabilities | $ | 107,137 |  |  | $ | 111,318 |
The assets of the Company’s other consolidated VIEs were not considered significant.

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- References No definition available. + Details
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- Definition The entire disclosure for a variable interest entity (VIE), including but not limited to, judgments and assumptions in determining whether to consolidate and in identifying the primary beneficiary, gain (loss) recognized on the initial consolidation of the VIE, terms of arrangements, amounts and classification of the VIE's assets and liabilities, and the entity's maximum exposure to loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -URI http://asc.fasb.org/topic&trid=2197479 + Details
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