Variable Interest Entities (VIEs) (Tables)

3 Months Ended

Mar. 31, 2020

Organization, Consolidation and Presentation of Financial Statements [Abstract]

The following table includes assets that can only be used to settle the liabilities of APC, including Alpha Care and Accountable Health Care, and the creditors of APC, including Alpha Care and Accountable Health Care, have no recourse to the Company, nor do creditors of the Company have recourse against the assets of APC, including Alpha Care and Accountable Health Care. These assets and liabilities, with the exception of the investment in a privately held entity that does not report net asset value per share and amounts due to affiliates, which are eliminated upon consolidation with NMM, are included in the accompanying consolidated balance sheets (in thousands).



	March 31, 2020		December 31, 2019
Assets

Current assets
Cash and cash equivalents	$	57,015	$	87,110
Restricted cash	75		75
Investment in marketable securities	117,036		123,948
Receivables, net	16,332		9,300
Receivables, net – related party	49,279		42,976
Other receivables	734		744
Prepaid expenses and other current assets	7,257		7,403
Loan receivable	6,425		6,425
Loan receivable – related parties	16,500		16,500
Total current assets	270,653		294,481

Noncurrent assets
Land, property and equipment, net	9,304		9,547
Intangible assets, net	78,247		81,439
Goodwill	108,946		108,913
Investment in privately held entities	223,796		319,930
Investments in other entities – equity method	30,785		28,427
Restricted cash	746		746
Operating lease right-of-use assets	4,444		4,751
Other assets	5,040		1,057

Total noncurrent assets	461,308		554,810

Total assets	$	731,961	$	849,291

Current liabilities
Accounts payable and accrued expenses	$	11,317	$	11,187
Fiduciary accounts payable	1,709		2,027
Medical liabilities	45,029		49,019
Income taxes payable	8,034		4,530
Amount due to affiliate	23,128		28,058
Dividends payable	337		271
Finance lease liabilities	102		102
Operating lease liabilities	1,217		1,088

Total current liabilities	90,873		96,282

Noncurrent liabilities
Deferred tax liability	12,587		14,059
Finance lease liabilities, net of current portion	390		416
Operating lease liabilities, net of current portion	3,336		3,742

Total noncurrent liabilities	16,313		18,217

Total liabilities	$	107,186	$	114,499

- Definition

Tabular disclosure of the significant judgments and assumptions made in determining whether a variable interest (as defined) held by the entity requires the variable interest entity (VIE) (as defined) to be consolidated and (or) disclose information about its involvement with the VIE, individually or in aggregate (as applicable); the nature of restrictions, if any, on the consolidated VIE's assets and on the settlement of its liabilities reported by an entity in its statement of financial position, including the carrying amounts of such assets and liabilities; the nature of, and changes in, the risks associated with involvement in the VIE; how involvement with the VIE affects the entity's financial position, financial performance, and cash flows; the lack of recourse if creditors (or beneficial interest holders) of the consolidated VIE have no recourse to the general credit of the primary beneficiary (if applicable); the terms of arrangements, giving consideration to both explicit arrangements and implicit variable interests, if any, that could require the entity to provide financial support to the VIE, including events or circumstances that could expose the entity to a loss; the methodology used by the entity for determining whether or not it is the primary beneficiary of the variable interest entity; the significant factors considered and judgments made in determining that the power to direct the activities of a VIE that most significantly impact the VIE's economic performance are shared (as defined); the carrying amounts and classification of assets and liabilities of the VIE included in the statement of financial position; the entity's maximum exposure to loss, if any, as a result of its involvement with the VIE, including how the maximum exposure is determined and significant sources of the entity's exposure to the VIE; a comparison of the carrying amounts of the assets and liabilities and the entity's maximum exposure to loss; information about any liquidity arrangements, guarantees, and (or) other commitments by third parties that may affect the fair value or risk of the entity's variable interest in the VIE; whether or not the entity has provided financial support or other support (explicitly or implicitly) to the VIE that it was not previously contractually required to provide or whether the entity intends to provide that support, including the type and amount of the support and the primary reasons for providing the support; and supplemental information the entity determines necessary to provide.

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