Intangible Assets, Net (Tables)

6 Months Ended

Jun. 30, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of intangible assets

At June 30, 2018, the Company’s intangible assets, net, consisted of the following:

	Useful	Gross					Net
	Life	June 30,		Accumulated			June 30,
	(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		(42,332,259	)		67,550,741
Management contracts	15		22,832,000		(6,278,801	)		16,553,199
Member relationships	12		6,696,000		(668,084	)		6,027,916
Patient management platform	5		2,060,000		(240,333	)		1,819,667
Tradename/trademarks	20		1,011,000		(29,487	)		981,513
		$	144,476,000	$	(49,548,964	)	$	94,927,036

At December 31, 2017, the Company’s intangible assets, net, consisted of the following:

	Useful	Gross					Net
	Life	December 31,		Accumulated			December 31,
	(Years)	2017		Amortization			2017
Indefinite Lived Assets:
Medicare license	N/A	$	1,994,000	$	-		$	1,994,000
Amortized Intangible Assets:
Network relationships	11-15		109,883,000		(35,842,508	)		74,040,492
Management contracts	15		22,832,000		(5,014,886	)		17,817,114
Member relationships	12		6,696,000		(46,500	)		6,649,500
Patient management platform	5		2,060,000		(34,336	)		2,025,664
Tradename/trademarks	20		1,011,000		(4,212	)		1,006,788
		$	144,476,000	$	(40,942,442	)	$	103,533,558

Schedule of future amortization expense

Future amortization expense is estimated to be as follows for the years ending December 31:

	Amount
2018 (remaining six months)	$	8,050,000
2019		14,480,000
2020		12,671,000
2021		10,961,000
2022		9,448,000
Thereafter		37,323,000
	$	92,933,000