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Acquisitions of Businesses and Non-controlling Interests (Tables) | 12 Months Ended
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Dec. 31, 2014
Acquisitions of Businesses and Non-controlling Interests [Abstract] |
Schedule of Multi Clinic Acquisition | During 2014, 2013 and 2012, the Company completed the following multi-clinic acquisitions of physical therapy practices:
Acquisition | Date |  | % Interest Acquired |  |  | Number of Clinics |
| 2014 |  |  |  |  |  |  |  |
April 2014 Acquisition | April 30, 2014 |  |  | 70 | % |  |  | 13 |
August 2014 Acquisition | August 1, 2014 |  |  | 100 | % |  |  | 3 |
| 2013 |  |  |  |  |  |  |  |
February 2013 Acquisition | February 28, 2013 |  |  | 72 | % |  |  | 9 |
April 2013 Acquisition | April 30, 2013 |  |  | 50 | % |  |  | 5 |
May 2013 Acquisition | May 24, 2013 |  |  | 80 | % |  |  | 5 |
December 9, 2013 Acquisition | December 9, 2013 |  |  | 60 | % |  |  | 12 |
December 13, 2013 Acquisition | December 13, 2013 |  |  | 90 | % |  |  | 11 |
| 2012 |  |  |  |  |  |  |  |
May 2012 Acquisition | May 22, 2012 |  |  | 70 | % |  |  | 7 |
Schedule of Preliminary Purchase Prices Allocation | The purchase prices for the 2014 acquisitions have been preliminarily allocated as follows:
Cash paid, net of cash acquired |  | $ | 12,270 |
Seller notes |  |  | 400 |
Total consideration |  | $ | 12,670 |
Estimated fair value of net tangible assets acquired: |  |  |  |
Total current assets |  | $ | 1,306 |
Total non-current assets |  |  | 1,312 |
Total liabilities |  |  | (407 | )
Net tangible assets acquired |  | $ | 2,211 |
Referral relationships |  |  | 280 |
Non-compete |  |  | 330 |
Tradename |  |  | 1,600 |
Goodwill |  |  | 12,974 |
Fair value of non-controlling interest |  |  | (4,725 | )
|  | $ | 12,670 |
The purchase prices for the acquisitions in 2013 were allocated as follows (in thousands):
Cash paid, net of cash acquired |  | $ | 46,628 |
Seller notes |  |  | 1,300 |
Total consideration |  | $ | 47,928 |
Estimated fair value of net tangible assets acquired: |  |  |  |
Total current assets |  | $ | 3,177 |
Total non-current assets |  |  | 1,541 |
Total liabilities |  |  | (538 | )
Net tangible assets acquired |  | $ | 4,180 |
Referral relationships |  |  | 6,140 |
Non-compete |  |  | 1,080 |
Tradename |  |  | 3,700 |
Goodwill |  |  | 43,369 |
Fair value of non-controlling interest |  |  | (10,541 | )
|  | $ | 47,928 |
The purchase prices for the acquisitions in 2012 were allocated as follows (in thousands):
Cash paid, net of cash acquired |  | $ | 7,929 |
Seller notes |  |  | 350 |
Total consideration |  | $ | 8,279 |
Estimated fair value of net tangible assets acquired: |  |  |  |
Total current assets |  | $ | 410 |
Total non-current assets |  |  | 525 |
Total liabilities |  |  | (333 | )
Net tangible assets acquired |  | $ | 602 |
Referral relationships |  |  | 857 |
Non-compete |  |  | 265 |
Tradename |  |  | 1,300 |
Goodwill |  |  | 8,147 |
Fair value of non-controlling interest |  |  | (2,892 | )
|  | $ | 8,279 |
Schedule of Unaudited Proforma Net Revenue and Net Income from Continuing Operations | Unaudited proforma net revenue and net income from continuing operations for the Company as if the December 13, 2013 Acquisition occurred as of January 1, 2013 is as follows (in thousands, except per share data):
|  | Year Ended December 31, 2013 |
Net revenues |  | $ | 275,511 |
Net income attributable to common shareholders from continuing operations |  | $ | 19,231 |
Earnings per share: |  |  |  |
Basic - net income attributable to common shareholders from continuing operations |  |  | 1.60 |
Diluted - net income attributable to common shareholders from continuing operations |  |  | 1.59 |
Shares used in computation: |  |  |  |
Basic - net income attributable to common shareholders from continuing operations |  |  | 12,050 |
Diluted - net income attributable to common shareholders from continuing operations |  |  | 12,069 |
Changes in Carrying Amount of Redeemable Non-Controlling Interest | For 2014, the following table details the changes in the carrying amount of redeemable non-controlling interest:
|  | Year Ended December 31, 2014 |
Beginning balance |  | $ | 4,104 |
Increase due to revaluation and operating results of redeemable non-controlling interests |  |  | 1,784 |
Reclass of non-controlling interests |  |  | 6,375 |
Purchases of redeemable non-controlling interests |  |  | (4,887 | )
Ending balance |  | $ | 7,376 |

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- Definition Tabular disclosure of redeemable noncontrolling interest (as defined) included in the statement of financial position as either a liability or temporary equity. As of the date of the statement of financial position, such redeemable noncontrolling interest is currently redeemable, as defined, for cash or other assets of the entity at (1) at a fixed or determinable price on a fixed or determinable date, (2) at the option of the holder of the noncontrolling interest, or (3) upon occurrence of an event that is not solely within the control of the entity. + References No definition available. + Details
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