XML 60 R6.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statements of Cash Flows (USD $)
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Operating activities:    
Net income (loss) $ 2,514,563us-gaap_ProfitLoss $ (15,059,107)us-gaap_ProfitLoss
Less: Loss from discontinued operations, net of tax (357,452)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax (839,238)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax
Income (loss) from continuing operations 2,872,015us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest (14,219,869)us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
Adjustments to reconcile income (loss) from continuing operations to net cash provided by operating activities:    
Depreciation and amortization 5,550,162us-gaap_DepreciationDepletionAndAmortization 5,093,246us-gaap_DepreciationDepletionAndAmortization
Impairment of goodwill   21,864,781us-gaap_GoodwillImpairmentLoss
Impairment of equity investment in affiliate 1,600,000us-gaap_ImpairmentOfInvestments 1,640,389us-gaap_ImpairmentOfInvestments
Deferred tax benefit (1,154,252)us-gaap_DeferredIncomeTaxesAndTaxCredits (301,713)us-gaap_DeferredIncomeTaxesAndTaxCredits
Stock-based compensation, net of cashless vesting 1,064,854us-gaap_ShareBasedCompensation 129,721us-gaap_ShareBasedCompensation
Gain on redemption of non-controlling interests   (66,915)fdnh_GainOnRedemptionOfNoncontrollingInterests
Provision for doubtful accounts 5,118,194us-gaap_HealthCareOrganizationPatientServiceRevenueProvisionforBadDebts 3,755,035us-gaap_HealthCareOrganizationPatientServiceRevenueProvisionforBadDebts
Equity in earnings of affiliates (2,979,293)us-gaap_IncomeLossFromEquityMethodInvestments (5,885,188)us-gaap_IncomeLossFromEquityMethodInvestments
Changes in assets and liabilities, net of acquisitions:    
Accounts receivable, net of provision for doubtful accounts (11,333,987)us-gaap_IncreaseDecreaseInAccountsReceivable (9,412,289)us-gaap_IncreaseDecreaseInAccountsReceivable
Receivables from affiliates (309,182)us-gaap_IncreaseDecreaseInDueFromAffiliatesCurrent 197,483us-gaap_IncreaseDecreaseInDueFromAffiliatesCurrent
Supplies Inventories 67,967us-gaap_IncreaseDecreaseInInventories 12,142us-gaap_IncreaseDecreaseInInventories
Prepaid and other current assets (1,528,377)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets (81,786)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Other assets (193,211)us-gaap_IncreaseDecreaseInOtherOperatingAssets 134,489us-gaap_IncreaseDecreaseInOtherOperatingAssets
Accounts payable (1,284,827)us-gaap_IncreaseDecreaseInAccountsPayable (695,691)us-gaap_IncreaseDecreaseInAccountsPayable
Accrued liabilities 6,383,015us-gaap_IncreaseDecreaseInAccruedLiabilities (2,513,206)us-gaap_IncreaseDecreaseInAccruedLiabilities
Income taxes payable   3,564,455us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable
Other current liabilities (3,613,586)us-gaap_IncreaseDecreaseInOtherCurrentLiabilities 827,132us-gaap_IncreaseDecreaseInOtherCurrentLiabilities
Other liabilities 4,274,861us-gaap_IncreaseDecreaseInOtherOperatingLiabilities 3,302,290us-gaap_IncreaseDecreaseInOtherOperatingLiabilities
Net cash provided by operating activities from continuing operations 2,934,353us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations 7,344,506us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
Net cash used in operating activities from discontinued operations (488,300)us-gaap_CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations (992,512)us-gaap_CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
Net cash provided by operating activities 2,446,053us-gaap_NetCashProvidedByUsedInOperatingActivities 6,351,994us-gaap_NetCashProvidedByUsedInOperatingActivities
Investing activities:    
Cash received in business acquisition   68,170us-gaap_CashAcquiredFromAcquisition
Purchase of property and equipment (4,884,948)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (6,368,276)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Disposal of property and equipment 1,807us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment 2,039,904us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment
Sale of equity investment in affiliates 178,000us-gaap_ProceedsFromSaleOfEquityMethodInvestments  
Distributions from affiliates 2,778,257us-gaap_EquityMethodInvestmentDividendsOrDistributions 5,559,317us-gaap_EquityMethodInvestmentDividendsOrDistributions
Net cash provided by (used in) investing activities from continuing operations (1,926,884)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations 1,299,115us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
Net cash provided by investing activities from discontinued operations   395,000us-gaap_CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
Net cash provided by (used in) investing activities (1,926,884)us-gaap_NetCashProvidedByUsedInInvestingActivities 1,694,115us-gaap_NetCashProvidedByUsedInInvestingActivities
Financing activities:    
Debt proceeds 32,885,948us-gaap_ProceedsFromIssuanceOfLongTermDebt 10,035,860us-gaap_ProceedsFromIssuanceOfLongTermDebt
Debt payments (26,284,135)us-gaap_RepaymentsOfLongTermDebtAndCapitalSecurities (11,728,810)us-gaap_RepaymentsOfLongTermDebtAndCapitalSecurities
Common stock proceeds   435,000us-gaap_ProceedsFromIssuanceOfCommonStock
Preferred noncontrolling interests proceeds   8,700,000fdnh_ProceedsFromPreferredMinorityShareholders
Preferred noncontrolling interests dividend (781,052)fdnh_PreferredMemberDividends (1,003,635)fdnh_PreferredMemberDividends
Redemption of preferred noncontrolling interests   (11,102,372)us-gaap_PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
Distributions to noncontrolling interests (3,731,252)us-gaap_PaymentsToMinorityShareholders (660,555)us-gaap_PaymentsToMinorityShareholders
Proceeds from noncontrolling interests 112,167us-gaap_ProceedsFromMinorityShareholders  
Distributions to member   (743,464)us-gaap_PaymentsOfDistributionsToAffiliates
Net cash provided by (used in) financing activities from continuing operations 2,201,676us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations (6,067,976)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
Net cash used in financing activities from discontinued operations (4,072,896)us-gaap_CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations (803,124)us-gaap_CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
Net cash used in financing activities (1,871,220)us-gaap_NetCashProvidedByUsedInFinancingActivities (6,871,100)us-gaap_NetCashProvidedByUsedInFinancingActivities
Net change in cash and cash equivalents (1,352,051)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 1,175,009us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents at beginning of year 4,212,076us-gaap_CashAndCashEquivalentsAtCarryingValue 3,037,067us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents at end of year 2,860,025us-gaap_CashAndCashEquivalentsAtCarryingValue 4,212,076us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash Paid for Interest and Income Taxes:    
Interest expense 2,052,213us-gaap_InterestPaid 2,366,345us-gaap_InterestPaid
Interest expense, discontinued operations 168,733us-gaap_InterestPaidDiscontinuedOperations 124,821us-gaap_InterestPaidDiscontinuedOperations
Income taxes, continuing operations 3,255,623us-gaap_IncomeTaxesPaid  
Noncash Investing and Financing Activities:    
Common stock warrants issued (936,000)us-gaap_StockAndWarrantsIssuedDuringPeriodValuePreferredStockAndWarrants (936,000)us-gaap_StockAndWarrantsIssuedDuringPeriodValuePreferredStockAndWarrants
Common stock issued as payment for liabilities   (108,537)fdnh_IssuanceOfStockForPaymentsOfLiabilitiesValue
Seller financing - reverse acquisition   2,000,000fdnh_NoncashOrPartNoncashSellerFinancingReverseAcquisition
Debt and liabilities assumed - reverse acquisition   2,032,098us-gaap_LiabilitiesAssumed1
Debt issued in purchase of noncontrolling preferred interest   (2,339,905)us-gaap_BusinessCombinationConsiderationTransferred1
Debt converted to common stock   $ (14,138,187)us-gaap_ConversionOfStockAmountConverted1