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Investments in Other Entities — Equity Method (Tables)
 6 Months Ended
Jun. 30, 2020
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investments
Rollforward of Equity Method Investment (in thousands)
December 31,
2019
Allocation of Income (Loss)
Contribution
SaleJune 30,
2020
LaSalle Medical Associates – IPA Line of Business
$6,397  $(428) $—  $—  $5,969  
Pacific Medical Imaging & Oncology Center, Inc.
1,396  77  —  —  1,473  
Universal Care, Inc.
1,438  3,560  —  (4,998) —  
Diagnostic Medical Group
2,334  (102) —  —  2,232  
531 W. College, LLC – related party
16,698  (231) 500  —  16,967  
MWN, LLC – related party
164  12  —  —  176  
$28,427  $2,888  $500  $(4,998) $26,817  
LMA’s summarized balance sheets at June 30, 2020 and December 31, 2019, and summarized statements of operations for the six months ended June 30, 2020 and 2019, with respect to its IPA line of business are as follows (in thousands):
Balance Sheets
June 30,
2020		December 31,
2019
Assets
Cash and cash equivalents
$2,852  $6,345  
Receivables, net
6,751  5,124  
Other current assets
880  3,526  
Loan receivable
2,250  2,250  
Restricted cash
688  683  
Total assets
$13,421  $17,928  
Liabilities and Stockholders’ (Deficit) Equity
Current liabilities
$20,735  $23,530  
Stockholders’ deficit
(7,314) (5,602) 
Total liabilities and stockholders’ deficit
$13,421  $17,928  

Statements of Operations
Six Months Ended June 30,
20202019
Revenues
$92,113  $93,434  
Expenses
93,680  102,845  
Net loss
$(1,567) $(9,411) 
UCI's balance sheet at December 31, 2019 and statements of income for the four months ended April 30, 2020 and six months ended June 30, 2019 are as follows (in thousands):
Balance Sheets
December 31,
2019
Assets
Cash and cash equivalents
$33,890  
Receivables, net
63,843  
Other current assets
38,280  
Loan receivable
882  
Restricted cash
4,021  
Total assets
$140,916  
Liabilities and Stockholders’ (Deficit) Equity
Current liabilities
$128,330  
Other liabilities33,133  
Stockholders’ deficit
(20,547) 
Total liabilities and stockholders’ deficit
$140,916  
Statements of Operations
Four Months EndedSix Months Ended
April 30,
2020		June 30,
2019
Revenues
$195,308  $247,517  
Expenses
189,028  239,389  
Income before benefit from income taxes6,280  8,128  
Benefit from income taxes—  (3,167) 
Net income$6,280  $11,295  
531 W. College LLC’s balance sheets at June 30, 2020 and December 31, 2019, and statements of operations for the six months ended June 30, 2020 and 2019, are as follows (in thousands):
Balance sheets
June 30,
2020		December 31,
2019
Assets
Cash
$126  $139  
Other current assets
—  17  
Other assets
70  70  
Property and equipment, net
33,697  33,581  
Total assets
$33,893  $33,807  
Liabilities and Members’ Equity
Current liabilities
$1,109  $1,062  
Stockholders’ equity
32,784  32,745  
Total liabilities and members’ equity
$33,893  $33,807  
Statements of Operation
Six Months Ended June 30,
20202019
Revenues
—  —  
Expenses
579  538  
Loss from operations
(579) (538) 
Other income
$21  $385  
Net loss
$(558) $(153) 
Equity Method Investment, Gain On Sale
The gain on sale of equity method investment recognized in connection with this transaction was determined as follows:
Amount (in '000s)
Cash proceeds (excludes proceeds to settle indebtedness owed to APC from UCI)$52,743  
Preferred shares in Bright Health, Inc.$36,179  
Beneficial interest in UCI$15,723  
Less: Carrying value of equity method investment on date of sale$(4,998) 
Gain on sale of equity method investment$99,647