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CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 80,892 $ 103,189
Restricted cash 75 75
Investment in marketable securities 117,075 116,539
Receivables, net 18,012 11,004
Receivables, net – related parties 50,911 48,136
Other receivables 16,362 16,885
Prepaid expenses and other current assets 11,811 10,315
Loans receivable 6,425 6,425
Loans receivable – related parties 16,500 16,500
Total current assets 318,063 329,068
Noncurrent assets    
Land, property and equipment, net 11,876 12,130
Intangible assets, net 98,840 103,012
Goodwill 238,539 238,505
Investment in other entities – equity method 30,781 28,427
Investments in privately held entities 896 896
Restricted cash 746 746
Operating lease right-of-use assets 18,199 14,248
Other assets 6,475 1,681
Total noncurrent assets 406,352 399,645
Total assets 724,415 728,713
Current liabilities    
Accounts payable and accrued expenses 20,106 27,279
Fiduciary accounts payable 1,709 2,027
Medical liabilities 63,698 58,725
Income taxes payable 8,034 4,529
Dividend payable 337 271
Finance lease liabilities 102 102
Operating lease liabilities 3,119 2,990
Current portion of long-term debt 9,500 9,500
Total current liabilities 106,605 105,423
Noncurrent liabilities    
Deferred tax liability 16,332 18,269
Finance lease liabilities, net of current portion 390 416
Operating lease liabilities, net of current portion 15,583 11,373
Long-term debt, net of current portion and deferred financing costs 230,105 232,172
Total noncurrent liabilities 262,410 262,230
Total liabilities 369,015 367,653
Commitments and contingencies (Note 11)
Mezzanine equity    
Noncontrolling interest in Allied Physicians of California, a Professional Medical Corporation 157,439 168,725
Stockholders’ equity    
Common stock, $0.001 par value per share; 100,000,000 shares authorized, 36,042,761 and 35,908,057 shares outstanding, excluding 17,475,707 and 17,458,810 treasury shares, at March 31, 2020, and December 31, 2019, respectively 36 36
Additional paid-in capital 161,087 159,608
Retained earnings 35,957 31,905
Retained earnings 197,080 191,549
Noncontrolling interest 881 786
Total stockholders’ equity 197,961 192,335
Total liabilities, mezzanine equity and stockholders’ equity 724,415 728,713
Series A Preferred stock, $0.001 par value per share; 5,000,000 shares authorized (inclusive of all preferred stock, including Series B Preferred stock); 1,111,111 issued and zero outstanding    
Stockholders’ equity    
Preferred stock 0 0
Series B Preferred stock, $0.001 par value per share; 5,000,000 shares authorized (inclusive of all preferred stock, including Series A Preferred stock); 555,555 issued and zero outstanding    
Stockholders’ equity    
Preferred stock $ 0 $ 0