XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
CURRENT ASSETS    
Cash and cash equivalents $ 70,713 $ 134,606
Accounts receivable 159,725 135,062
Due from affiliates 5,783 5,384
Prepaid expenses and other current assets 52,475 49,212
Total current assets 288,696 324,264
PROPERTY, EQUIPMENT AND RIGHT-OF-USE ASSETS    
Property and equipment, net 488,958 484,247
Operating lease right-of-use assets 595,792 584,291
Total property, equipment and right-of-use assets 1,084,750 1,068,538
OTHER ASSETS    
Goodwill 570,188 513,820
Other intangible assets 99,339 56,603
Deferred financing costs 2,009 2,135
Investment in joint ventures 44,746 42,229
Deferred tax assets 12,800 14,853
Deposits and other 38,993 36,032
Total assets 2,141,521 2,058,474
CURRENT LIABILITIES    
Accounts payable, accrued expenses and other 276,313 263,937
Due to affiliates 21,985 23,530
Deferred revenue 6,930 10,701
Current operating lease liability 64,906 65,452
Current portion of notes payable 11,164 11,164
Total current liabilities 381,298 374,784
LONG-TERM LIABILITIES    
Long-term operating lease liability 590,665 577,675
Notes payable, net of current portion 740,707 743,498
Other non-current liabilities 7,401 16,360
Total liabilities 1,720,071 1,712,317
EQUITY    
Common stock - $0.0001 par value, 200,000,000 shares authorized; 56,197,826 and 53,548,227 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively 5 5
Additional paid-in-capital 409,863 342,592
Accumulated other comprehensive loss (20,761) (20,421)
Accumulated deficit (90,260) (93,272)
Total RadNet, Inc.'s stockholders' equity 298,847 228,904
Noncontrolling interests 122,603 117,253
Total equity 421,450 346,157
Total liabilities and equity $ 2,141,521 $ 2,058,474