Investments in Other Entities

9 Months Ended

Sep. 30, 2023

Equity Method

For the nine months ended September 30, 2023 and 2022, the Company’s equity method investment balance consisted of the following (in thousands):


	% of Ownership	December 31, 2022		Initial Investment		Allocation of Income (Loss)		Funding		Distribution		September 30, 2023
LaSalle Medical Associates – IPA Line of Business	25%	$	5,684	$	—	$	2,642	$	—	$	—	$	8,326
Pacific Medical Imaging & Oncology Center, Inc.	40%	1,878		—		(219)		—		—		1,659
531 W. College, LLC *	50%	17,281		—		(387)		700		—		17,594
One MSO, LLC *	50%	2,718		—		330		—		—		3,048
CAIPA MSO, LLC	30%	12,738		—		575		—		—		13,313
Other **	25%	—		325		163		—		—		488
		$	40,299	$	325	$	3,104	$	700	$	—	$	44,428


	% of Ownership	December 31, 2021		Allocation of Net Income (Loss)		Funding Reclassified To Loan Receivable		Funding		Entity Consolidated		Distribution		September 30, 2022
LaSalle Medical Associates – IPA Line of Business	25%	$	3,034	$	3,885	$	(2,125)	$	—	$	—	$	—	$	4,794
Pacific Medical Imaging & Oncology Center, Inc.	40%	1,719		(20)		—		—		—		—		1,699
531 W. College, LLC *	50%	17,230		(420)		—		350		—		—		17,160
One MSO, LLC *	50%	2,910		306		—		—		—		(400)		2,816
Tag-6 Medical Investment Group, LLC*	100%	4,830		153		—		1,435		(6,418)		—		—
CAIPA MSO, LLC	30%	11,992		493		—		—		—		—		12,485
		$	41,715	$	4,397	$	(2,125)	$	1,785	$	(6,418)	$	(400)	$	38,954

* Investment is deemed Excluded Assets that are solely for the benefit of APC and its shareholders.

** Other consists of smaller equity method investments.

For the three months ended September 30, 2023 and 2022, the Company’s equity method investment balance consisted of the following (in thousands):


	% of Ownership	June 30, 2023		Initial Investment		Allocation of Net Income (Loss)		Funding		Distribution		September 30, 2023
LaSalle Medical Associates – IPA Line of Business	25%	$	10,537	$	—	$	(2,211)	$	—	$	—	$	8,326
Pacific Medical Imaging & Oncology Center, Inc.	40%	1,655		—		4		—		—		1,659
531 W. College, LLC *	50%	17,070		—		(176)		700		—		17,594
One MSO, LLC *	50%	2,960		—		88		—		—		3,048
CAIPA MSO, LLC	30%	13,190		—		123		—		—		13,313
Other **	25%	420		—		68		—		—		488
		$	45,832	$	—	$	(2,104)	$	700	$	—	$	44,428


	% of Ownership	June 30, 2022		Allocation of Net Income (Loss)		Funding Reclassified To Loan Receivable		Funding		Entity Consolidated		Distribution		September 30, 2022
LaSalle Medical Associates – IPA Line of Business	25%	$	3,444	$	1,350	$	—	$	—	$	—	$	—	$	4,794
Pacific Medical Imaging & Oncology Center, Inc.	40%	1,741		(42)		—		—		—		—		1,699
531 W. College, LLC *	50%	17,175		(115)		—		100		—		—		17,160
One MSO, LLC *	50%	2,764		52		—		—		—		—		2,816
Tag-6 Medical Investment Group, LLC*	100%	6,376		42		—		—		(6,418)		—		—
CAIPA MSO, LLC	30%	12,320		165		—		—		—		—		12,485
		$	43,820	$	1,452	$	—	$	100	$	(6,418)	$	—	$	38,954

* Investment is deemed Excluded Assets that are solely for the benefit of APC and its shareholders.

** Other consists of smaller equity method investments.

There was no impairment loss recorded related to equity method investments for the three and nine months ended September 30, 2023 and 2022.