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Investments in Other Entities (Tables)
 12 Months Ended
Dec. 31, 2023
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Equity Method Investments, Financial Statement Information
For the twelve months ended December 31, 2023 and 2022, the Company’s equity method investment balance consisted of the following (in thousands):
% of Ownership
December 31, 2022
Initial InvestmentAllocation of Net Income (Loss)FundingAdjustment of Fair Value*Distribution
December 31, 2023
LaSalle Medical Associates – IPA Line of Business25%$5,684 $— $4,182 $— $— $— $9,866 
Pacific Medical Imaging & Oncology Center, Inc.40%1,878 — (187)— — — 1,691 
531 W. College, LLC *50%17,281 — (508)700 91 (17,564)— 
One MSO, LLC *50%2,718 — 938 — 3,260 (6,916)— 
CAIPA MSO, LLC30%12,738 — 922 — — — 13,660 
Other **25%— 325 232 — — — 557 
$40,299 $325 $5,579 $700 $3,351 $(24,480)$25,774 
* Investments deemed Excluded Assets that are solely for the benefit of APC and its common shareholders. These Excluded Assets were spun-off on December 26, 2023 as part of the Spin-Off. On the date of distribution, the investments were recorded at fair value. The gain, representing the difference between the fair value and the carrying value of the investment, was $3.4 million and is presented within other income in the accompanying consolidated statement of net income. Refer to Note 1 — “Description of Business” to the consolidated financial statements for information on the Spin-Off.
** Other consists of smaller equity method investments.
% of OwnershipDecember 31, 2021Allocation of Net Income (Loss)Funding Reclassified to Loan ReceivableFundingEntity ConsolidatedDistribution December 31, 2022
LaSalle Medical Associates – IPA Line of Business25%$3,034 $4,775 $(2,125)$— $— $— $5,684 
Pacific Medical Imaging & Oncology Center, Inc.40%1,719 159 — — — — 1,878 
531 W. College, LLC *50%17,230 (619)— 670 — — 17,281 
One MSO, LLC *50%2,910 408 — — — (600)2,718 
Tag-6 Medical Investment Group, LLC*100%4,830 153 — 1,435 (6,418)— — 
CAIPA MSO, LLC30%11,992 746 — — — — 12,738 
$41,715 $5,622 $(2,125)$2,105 $(6,418)$(600)$40,299 
* Investments deemed Excluded Assets that are solely for the benefit of APC and its common shareholders. These Excluded Assets were spun-off on December 26, 2023 as part of the Spin-off. Refer to Note 1 — “Description of Business” to the consolidated financial statements for information on the Spin-Off.