ASSETS HELD FOR SALE

3 Months Ended

Mar. 31, 2020

Discontinued Operations and Disposal Groups [Abstract]

Assets Held for Sale

ASSETS HELD FOR SALE

As of March 31, 2020 and December 31, 2019, the Company presented certain clinics in Pennsylvania, Ohio and New Jersey and other property that met the criteria as held for sale as a single asset and liability in its financial statements and recognized a valuation allowance, as necessary, to recognize the net carrying amount at the lower of cost or fair value, less cost to sell. The Company determined that there was a reduction in the valuation allowance of $505 for the three months ended March 31, 2020, which is included as a reduction to Depreciation, amortization and impairment on the Consolidated Statement of Operations. The Company classified the combined carrying value of all assets that met the criteria of held for sale of $49,197 and $50,099 as of March 31, 2020 and December 31, 2019, respectively, to Current assets held for sale on the Consolidated Balance Sheets and classified the combined carrying value of all liabilities that met the criteria of held for sale of $4,291 and $5,767 as of March 31, 2020 and December 31, 2019, respectively, to Current liabilities held for sale on the Consolidated Balance Sheets. These assets and liabilities held for sale include certain clinics in Pennsylvania, Ohio and New Jersey accounted for, in the aggregate, $6,773 of the Company’s patient service operating revenues for the three months ended March 31, 2020.

The following is a summary of the major categories of assets and liabilities that have been reclassified to held for sale on the Consolidated Balance Sheets:

	As of March 31, 2020			As of December 31, 2019
Inventories	$	269		$	265
Prepaid expenses and other current assets	20			20
Property and equipment, net	11,036			11,245
Operating lease right-of-use assets	3,970			5,408
Goodwill	34,184			34,184
Valuation allowance on disposal group(1)	(282		)	(1,023		)
Total assets held for sale	$	49,197		$	50,099
Operating lease liabilities	$	4,291		$	5,767
Total liabilities held for sale	$	4,291		$	5,767

(1) The Company adjusted the carrying value to fair value less costs to sell for certain held for sale assets.