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Acquisitions of Businesses (Tables) | 12 Months Ended
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Dec. 31, 2015
Acquisitions of Businesses [Abstract] |
Schedule of Multi Clinic Acquisition | During 2015, 2014 and 2013, the Company completed the following multi-clinic acquisitions of physical therapy practices:
Acquisition | Date | % Interest Acquired | Number of Clinics
| 2015 |  |  |  |  |  |
January 2015 Acquisition | January 31 |  | 60 | % |  | 9 |
April 2015 Acquisition | April 30 |  | 70 | % |  | 3 |
June 2015 Acquisition | June 30 |  | 70 | % |  | 4 |
December 2015 Acquisition | December 31 |  | 59 | % |  | 4 |
| 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 |
Schedule of Preliminary Purchase Prices Allocation | The purchase prices for the 2015 acquisitions have been preliminarily allocated as follows (in thousands):
Cash paid, net of cash acquired | $ | 18,965 |
Seller notes |  | 1,800 |
Total consideration | $ | 20,765 |
Estimated fair value of net tangible assets acquired: |  |  |
Total current assets | $ | 2,146 |
Total non-current assets |  | 1,404 |
Total liabilities |  | (1,036 | )
Net tangible assets acquired | $ | 2,514 |
Referral relationships |  | 3,069 |
Non-compete |  | 731 |
Tradename |  | 3,315 |
Goodwill |  | 23,428 |
Fair value of non-controlling interest |  | (12,292 | )
| $ | 20,765 |
The purchase prices for the 2014 acquisitions have been 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 | $ | 1,213 |
Total non-current assets |  | 1,051 |
Total liabilities |  | (406 | )
Net tangible assets acquired | $ | 1,858 |
Referral relationships |  | 280 |
Non-compete |  | 330 |
Tradename |  | 1,600 |
Goodwill |  | 13,327 |
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 |

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- Definition Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=56956515&loc=d3e1486-128463 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=56956515&loc=d3e1392-128463 + Details
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