Reconciliation of total equity

12 Months Ended

Dec. 31, 2011

Reconciliation of total equity

Reconciliation of total equity

(11) Reconciliation of total equity

        The consolidated financial statements include the accounts of the Company and its majority owned subsidiaries. Noncontrolling interests-nonredeemable principally represent minority shareholders' proportionate share of the equity of certain consolidated majority owned entities of the Company. The Company has certain arrangements whereby the noncontrolling interest may be redeemed upon the occurrence of certain events outside of the Company's control. These noncontrolling interests have been classified outside of permanent equity on the Company's consolidated balance sheets. The noncontrolling interests are not redeemable at December 31, 2011 and 2010, and the contingent events upon which the noncontrolling interest may be redeemed is not probable of occurrence at December 31, 2011. Accordingly, the noncontrolling interests are measured at their carrying value at December 31, 2011 and 2010.

        The following table presents changes in total equity for the respective periods:

(in thousands):	Radiation Therapy Services Holdings, Inc. Shareholder's Equity			Noncontrolling interests— nonredeemable			Total Equity			Noncontrolling interests— redeemable
Balance, January 1, 2009	$	616,964		$	12,208		$	629,172		$	6,882
Net (loss) income		(9,550	)		689			(8,861	)		1,146
Other comprehensive income from unrealized gain on interest rate swap agreement		1,938			—			1,938			—
Other comprehensive income from share of equity investee		(137	)		—			(137	)		—
Stock-based compensation		962			—			962			—
Sale of interest in a subsidiary		96			154			250			—
Payment of note receivable from shareholder		25			—			25			—
Equity contribution in joint venture		—			800			800			—
Cash distributions		—			(2,142	)		(2,142	)		(734	)
Balance, December 31, 2009	$	610,298		$	11,709		$	622,007		$	7,294
Net (loss) income		(115,488	)		691			(114,797	)		1,007
Other comprehensive income from unrealized gain on interest rate swap agreement		1,679			—			1,679			—
Other comprehensive income from share of equity investee		(201	)		—			(201	)		—
Issuance of limited liability company interests		156			—			156			—
Deconsolidation of noncontrolling interest		—			(78	)		(78	)		—
Purchase of noncontrolling interest in a joint venture		(475	)		475			—			—
Stock-based compensation		1,030			—			1,030			—
Payment of note receivable from shareholder		50			—			50			—
Equity contribution in joint venture		—			608			608			—
Cash distributions		—			(2,246	)		(2,246	)		(930	)
Balance, December 31, 2010	$	497,049		$	11,159		$	508,208		$	7,371
Net (loss) income		(353,441	)		2,767			(350,674	)		791
Other comprehensive income from unrealized gain on interest rate swap agreements		2,428			—			2,428			—
Other comprehensive income from foreign currency translation loss		(4,265	)		(617	)		(4,882	)		(27	)
Cash contribution of equity		3			—			3			—
Deconsolidation of noncontrolling interest		—			49			49			—
Equity issuance related to MDLLC acquisition		16,250			—			16,250			—
Fair value of noncontrolling interest acquired in connection with the acquisition of medical practices		—			—			—			1,364
Fair value of noncontrolling interest acquired in connection with MDLLC acquisition		—			7,750			7,750			—
Reversal of other comprehensive income of previously held equity investment		338			—			338			—
Stock-based compensation		1,461			—			1,461			—
Payment of note receivable from shareholder		50			—			50			—
Issuance of noncontrolling interest redeemable		—			—			—			71
Equity contribution in joint venture		—			—			—			4,120
Cash distributions		—			(3,687	)		(3,687	)		(962	)
Balance, December 31, 2011	$	159,873		$	17,421		$	177,294		$	12,728

        Redeemable equity securities with redemption features that are not solely within the Company's control are classified outside of permanent equity. Those securities are initially recorded at their estimated fair value on the date of issuance. Securities that are currently redeemable or redeemable after the passage of time are adjusted to their redemption value as changes occur. In the event that a redeemable equity security will require redemption, then subsequent adjustments to the initially recorded amount will be recognized in the period that a redemption becomes probable.