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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 103,189,328 $ 106,891,503
Restricted cash 75,000 0
Investment in marketable securities 116,538,673 1,127,102
Receivables, net 11,003,563 7,734,631
Receivables, net – related parties 48,136,313 48,721,325
Other receivables 16,885,448 1,003,133
Prepaid expenses and other current assets 10,315,093 7,385,098
Loans receivable 6,425,000 0
Loans receivable - related parties 16,500,000 0
Total current assets 329,068,418 172,862,792
Noncurrent assets    
Land, property and equipment, net 12,129,901  
Land, property and equipment, net   12,721,082
Intangible assets, net 103,011,849 86,875,883
Goodwill 238,505,204 185,805,880
Loans receivable – related parties 0 17,500,000
Investments in other entities – equity method 28,427,455 34,876,980
Investments in privately held entities 896,000 405,000
Restricted cash 746,104 745,470
Operating lease right-of-use assets 14,247,727  
Other assets 1,680,689 1,205,962
Total noncurrent assets 399,644,929 340,136,257
Total assets 728,713,347 512,999,049
Current liabilities    
Accounts payable and accrued expenses 27,279,579 25,075,489
Fiduciary accounts payable 2,027,081 1,538,598
Medical liabilities 58,724,682 33,641,701
Income taxes payable 4,528,867 11,621,861
Bank loan 0 40,257
Dividend payable 271,279 0
Finance lease liabilities 101,741 101,741
Operating lease liabilities 2,990,686  
Current portion of long term debt 9,500,000 0
Total current liabilities 105,423,915 72,019,647
Noncurrent liabilities    
Lines of credit - related party 0 13,000,000
Deferred tax liability 18,269,448 19,615,935
Liability for unissued equity shares 0 1,185,025
Finance lease liabilities, net of current portion 415,519  
Finance lease liabilities, net of current portion   517,261
Operating lease liabilities, net of current portion 11,372,597  
Long-term debt, net of current portion and deferred financing costs 232,172,134 0
Total noncurrent liabilities 262,229,698 34,318,221
Total liabilities 367,653,613 106,337,868
Commitments and Contingencies (Note 13)
Mezzanine equity    
Noncontrolling interest in Allied Physicians of California, a Professional Medical Corporation (APC) 168,724,586 225,117,029
Shareholders’ equity    
Common stock, par value $0.001; 100,000,000 shares authorized, 35,908,057 and 34,578,040 shares outstanding, excluding 17,458,810 and 1,850,603 Treasury shares, at December 31, 2019 and 2018, respectively 35,908 34,578
Additional paid-in capital 159,608,293 162,723,051
Retained earnings 31,904,748 17,788,203
Stockholders' equity attributable to parent 191,548,949 180,545,832
Noncontrolling interest 786,199 998,320
Total shareholders’ equity 192,335,148 181,544,152
Total liabilities, mezzanine equity and shareholders’ equity 728,713,347 512,999,049
Series A Preferred stock, par value $0.001; 5,000,000 shares authorized (inclusive of Series B Preferred stock); 1,111,111 issued and zero outstanding    
Shareholders’ equity    
Preferred stock 0 0
Series B Preferred stock, par value $0.001; 5,000,000 shares authorized (inclusive of Series A Preferred stock); 555,555 issued and zero outstanding    
Shareholders’ equity    
Preferred stock $ 0 $ 0