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NOTE 18 - ALLOWANCE FOR DOUBTFUL ACCOUNTS
12 Months Ended
Jun. 30, 2016
Valuation and Qualifying Accounts [Abstract]  
NOTE 18 - ALLOWANCE FOR DOUBTFUL ACCOUNTS

FONAR CORPORATION AND SUBSIDIARIES

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

JUNE 30, 2016, 2015 and 2014

 

NOTE 18 – ALLOWANCE FOR DOUBTFUL ACCOUNTS

 

The following represents a summary of allowance for doubtful accounts for the years ended June 30, 2016, 2015 and 2014, respectively:

 

 

Description    Balance June 30, 2015    Additions    Deductions    Balance June 30, 2016 
Accounts receivable  $362,362    $(1)    $78,083   $84,279 
Management and other fees receivable   13,271,651    (1) 673,856   —      13,945,507 
Management and other fees receivable - related medical practices    403,047    —      10,542    392,505 
Medical receivables   15,459,156    (1)14,539,786    12,547,160    17,451,782 
                     
Description   Balance June 30, 2014    Additions    Deductions    Balance June 30, 2015 
Accounts receivables  $257,362   $(1)105,000   $    $62,362 
Management and other fees receivable   10,901,619    (1)2,370,032    —      13,271,651 
Management and other fees receivable - related medical practices   403,047    —      —      403,047 
Medical receivables   14,032,067    (1)12,770,249    11,343,160    15,459,156 
Advance and notes to related parties   202,379    —      202,379    —   
                     
Description   Balance June 30, 2013    Additions    Deductions    Balance June 30, 2014 
Accounts receivables  $257,362   $(1)    $    $257,362 
Management and other fees receivable   9,095,320    (1)1,806,299    —      10,901,619 
Management and other fees receivable - related medical practices   403,047    —      —      403,047 
Medical receivables   2,584,669    (1)10,333,082    (1,114,316)   14,032,067 
Advance and notes to related parties   202,379    —      —      202,379 
Notes receivable   65,000    —      65,000    —   

 

 (1) Included in provision for bad debts.