Investments in Other Entities - Equity Method (Tables)

3 Months Ended

Mar. 31, 2020

Equity Method Investments and Joint Ventures [Abstract]

Equity Method Investments

UCI’s balance sheets at March 31, 2020 and December 31, 2019 and statements of income for the three months ended March 31, 2020 and 2019 are as follows (in thousands):

Balance Sheets

	March 31, 2020			December 31, 2019
Assets
Cash	$	34,757		$	33,890
Receivables, net	83,454			63,843
Other current assets	43,417			38,280
Other assets	885			882
Property and equipment, net	4,429			4,021
Total assets	$	166,942		$	140,916
Liabilities and Stockholders’ (Deficit) Equity
Current liabilities	$	148,902		$	128,330
Other liabilities	33,126			33,133
Stockholders’ deficit	(15,086		)	(20,547		)
Total liabilities and stockholders’ deficit	$	166,942		$	140,916

Statements of Income

	Three Months Ended March 31,
	2020		2019
Revenues	$	146,481	$	113,319
Expenses	141,771		111,408
Income before benefit from income taxes	4,710		1,911
Benefit from income taxes	—		(211		)
Net income	$	4,710	$	2,122

531 W. College LLC’s balance sheets at March 31, 2020 and December 31, 2019 and statements of operations for the three months ended March 31, 2020 and 2019 are as follows (in thousands):

Balance Sheets

	March 31, 2020		December 31, 2019
Assets
Cash	$	48	$	139
Other current assets	124		17
Other assets	70		70
Property and equipment, net	33,697		33,581
Total assets	$	33,939	$	33,807
Liabilities and Members’ Equity
Current liabilities	$	1,114	$	1,062
Stockholders’ equity	32,825		32,745
Total liabilities and members’ equity	$	33,939	$	33,807

Statements of Operation

	Three Months Ended March 31,
	2020			2019
Revenues	—			—
Expenses	338			469
Loss from operations	(338		)	(469		)
Other income	$	21		$	289
Net loss	$	(317	)	$	(180	)

LMA’s summarized balance sheets at March 31, 2020 and December 31, 2019 and summarized statements of operations for the three months ended March 31, 2020 and 2019 with respect to its IPA line of business are as follows (in thousands):

Balance Sheets

	March 31, 2020			December 31, 2019
Assets
Cash and cash equivalents	$	—		$	6,345
Receivables, net	8,901			5,124
Other current assets	3,380			3,526
Loan receivable	2,250			2,250
Restricted cash	686			683
Total assets	$	15,217		$	17,928
Liabilities and Stockholders’ (Deficit) Equity
Current liabilities	$	23,390		$	23,530
Stockholders’ deficit	(8,173		)	(5,602		)
Total liabilities and stockholders’ deficit	$	15,217		$	17,928

Statements of Operations

	Three Months Ended March 31,
	2020			2019
Revenues	$	46,304		$	46,406
Expenses	48,730			50,702
Net loss	$	(2,426	)	$	(4,296	)

Rollforward of Equity Method Investment (in thousands)

	December 31, 2019		Allocation of Income (Loss)			Contribution		March 31, 2020
LaSalle Medical Associates – IPA Line of Business	$	6,397	$	(643	)	$	—	$	5,754
Pacific Medical Imaging & Oncology Center, Inc.	1,396		87			—		1,483
Universal Care, Inc.	1,438		2,670			—		4,108
Diagnostic Medical Group	2,334		(5		)	—		2,329
531 W. College, LLC – related party	16,698		(111		)	300		16,887
MWN, LLC – related party	164		56			—		220
	$	28,427	$	2,054		$	300	$	30,781