Variable Interest Entities (VIEs) (Tables)

3 Months Ended

Mar. 31, 2021

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Assets and Liabilities, Variable Interest Entities

The following table includes assets that can only be used to settle the liabilities of APC and its VIEs, including Alpha Care and Accountable Health Care, and to which the creditors of APC, including Alpha Care and Accountable Health Care, have no recourse to the Company, nor do creditors of the Company have recourse against the assets of APC, including Alpha Care and Accountable Health Care. These assets and liabilities, with the exception of the investment in a privately held entity that does not report net asset value per share and amounts due to affiliates, which are eliminated upon consolidation with NMM, are included in the accompanying consolidated balance sheets (in thousands).


	March 31, 2021		December 31, 2020
Assets

Current assets
Cash and cash equivalents	$	128,341	$	126,158

Investment in marketable securities	66,862		67,637
Receivables, net	14,911		5,155
Receivables, net – related party	64,699		46,718
Other receivables	734		1,084
Prepaid expenses and other current assets	7,711		14,863


Total current assets	283,258		261,615

Noncurrent assets
Land, property and equipment, net	27,439		27,599
Intangible assets, net	66,342		69,250
Goodwill	109,460		109,460
Loans receivable – related parties	4,129		4,145
Investment in affiliates	336,611		225,144
Investments in other entities – equity method	42,838		43,516
Investment in privately held entities	36,584		36,584
Restricted cash – long term	—		500
Operating lease right-of-use assets	5,950		6,298
Other assets	17,335		17,177

Total noncurrent assets	646,688		539,673

Total assets	$	929,946	$	801,288

Current liabilities
Accounts payable and accrued expenses	$	11,260	$	12,963
Fiduciary accounts payable	6,871		9,642
Medical liabilities	38,134		37,684


	March 31, 2021		December 31, 2020
Income taxes payable	7,581		4,225
Dividends payable	481		485
Amount due to affiliate	27,742		22,698
Current portion of long term debt	203		201
Finance lease liabilities	109		102
Operating lease liabilities	1,287		1,242

Total current liabilities	93,668		89,242

Noncurrent liabilities
Long-term debt	7,328		7,379
Deferred tax liability	9,128		9,144
Finance lease liabilities, net of current portion	277		311
Operating lease liabilities, net of current portion	4,870		5,242

Total noncurrent liabilities	21,603		22,076

Total liabilities	$	115,271	$	111,318

- Definition

Tabular disclosure of the significant judgments and assumptions made in determining whether a variable interest (as defined) held by the entity requires the variable interest entity (VIE) (as defined) to be consolidated and (or) disclose information about its involvement with the VIE, individually or in aggregate (as applicable); the nature of restrictions, if any, on the consolidated VIE's assets and on the settlement of its liabilities reported by an entity in its statement of financial position, including the carrying amounts of such assets and liabilities; the nature of, and changes in, the risks associated with involvement in the VIE; how involvement with the VIE affects the entity's financial position, financial performance, and cash flows; the lack of recourse if creditors (or beneficial interest holders) of the consolidated VIE have no recourse to the general credit of the primary beneficiary (if applicable); the terms of arrangements, giving consideration to both explicit arrangements and implicit variable interests, if any, that could require the entity to provide financial support to the VIE, including events or circumstances that could expose the entity to a loss; the methodology used by the entity for determining whether or not it is the primary beneficiary of the variable interest entity; the significant factors considered and judgments made in determining that the power to direct the activities of a VIE that most significantly impact the VIE's economic performance are shared (as defined); the carrying amounts and classification of assets and liabilities of the VIE included in the statement of financial position; the entity's maximum exposure to loss, if any, as a result of its involvement with the VIE, including how the maximum exposure is determined and significant sources of the entity's exposure to the VIE; a comparison of the carrying amounts of the assets and liabilities and the entity's maximum exposure to loss; information about any liquidity arrangements, guarantees, and (or) other commitments by third parties that may affect the fair value or risk of the entity's variable interest in the VIE; whether or not the entity has provided financial support or other support (explicitly or implicitly) to the VIE that it was not previously contractually required to provide or whether the entity intends to provide that support, including the type and amount of the support and the primary reasons for providing the support; and supplemental information the entity determines necessary to provide.

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