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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
CURRENT ASSETS:    
Cash and cash equivalents $ 3,784 $ 5,930
Receivables, less allowance for doubtful accounts of $3,999,000 and $3,143,000, respectively 35,119 24,631
Other receivables 1,118 1,397
Prepaid expenses and other current assets 2,507 3,729
Income tax refundable 763 1,215
Current assets of discontinued operations 341 4,649
Deferred income taxes 6,579 5,305
Total current assets 50,211 46,856
PROPERTY AND EQUIPMENT, at cost 103,689 82,675
Less accumulated depreciation and amortization (50,699) (43,938)
Discontinued operations, net 1,053 3,185
Property and equipment, net (variable interest entity restricted – 2013: $6,831,000; 2012: $7,144,000) 54,043 41,922
OTHER ASSETS:    
Deferred income taxes 15,912 12,352
Deferred financing and other costs, net 2,071 1,438
Investment in unconsolidated affiliate 487 420
Other noncurrent assets 6,782 3,317
Acquired leasehold interest, net 8,228 8,612
Noncurrent assets of discontinued operations 10 46
Total other assets 33,490 26,185
Total assets 137,744 114,963
CURRENT LIABILITIES:    
Current portion of long-term debt and capitalized lease obligations (variable interest entity nonrecourse – 2013: $217,000; 2012: $206,000) 4,766 1,436
Trade accounts payable 7,545 3,603
Current liabilities of discontinued operations 236 2,209
Accrued expenses:    
Payroll and employee benefits 12,633 11,048
Self-insurance reserves, current portion 11,711 9,175
Other current liabilities 5,276 3,722
Total current liabilities 42,167 31,193
NONCURRENT LIABILITIES:    
Long-term debt and capitalized lease obligations, less current portion (variable interest entity nonrecourse – 2013: $5,259,000; 2012: $5,472,000) 48,811 28,026
Self-insurance reserves, noncurrent portion 16,375 14,531
Other noncurrent liabilities 15,907 17,544
Total noncurrent liabilities 81,093 60,101
Series C redeemable preferred stock, $.10 par value, 5,000 shares authorized, issued and outstanding 4,918 4,918
SHAREHOLDERS’ EQUITY:    
Series A preferred stock, authorized 200,000 shares, $.10 par value, none issued and outstanding 0 0
Common stock, authorized 20,000,000 shares, $.01 par value, 6,307,000 and 6,161,000 shares issued, and 6,075,000 and 5,929,000 shares outstanding, respectively 63 62
Treasury stock at cost, 232,000 shares of common stock (2,500) (2,500)
Paid-in capital 19,570 18,757
Retained earnings (accumulated deficit) (8,435) 1,779
Accumulated other comprehensive loss (569) (920)
Total shareholders’ equity of Diversicare Healthcare Services, Inc. 8,129 17,178
Noncontrolling interests 1,437 1,573
Total shareholders’ equity 9,566 18,751
Total liabilities and shareholder's equity $ 137,744 $ 114,963