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Statements of Operations - USD ($)
12 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2015
Revenues      
Product sales - net $ 1,572,148 $ 1,276,882 $ 1,820,979
Service and repair fees - net 9,537,040 9,396,736 9,549,316
Service and repair fees - related parties - net 110,000 110,000 110,000
Patient revenue - net of contractual allowances and discounts 36,400,600 32,985,809 28,153,598
Provision for bad debts for patient fee (16,171,434) (14,539,786) (12,770,249)
Management and other fees - net 38,361,514 36,633,230 34,805,627
Management and other fees - related party medical practices - net 8,226,718 7,505,339 7,381,725
Total Revenues - Net 78,036,586 73,368,210 69,050,996
Costs and Expenses      
Costs related to product sales 931,501 1,254,328 1,882,230
Costs related to service and repair fees 2,996,736 2,148,143 2,189,373
Costs related to service and repair fees -related parties 34,564 25,147 25,220
Costs related to patient fee revenue 8,987,673 9,418,935 7,939,524
Costs related to management and other fees 20,828,581 21,949,583 20,970,116
Costs related to management and other fees - related medical practices 4,273,370 4,074,762 3,883,953
Research and development 1,480,670 1,631,846 1,812,398
Selling, general and administrative, inclusive of compensatory element of stock issuances of $2,397,276, $2,006 and $53,200 for the years ended June 30, 2017, 2016 and 2015, respectively 19,407,411 18,509,850 17,448,305
Total Costs and Expenses 58,940,506 59,012,594 56,151,119
Income from Operations 19,096,080 14,355,616 12,899,877
Other Income and (Expenses):      
Interest expense 28,299 (262,193) (702,095)
Investment income 193,141 224,263 225,270
Other income (expense) - net (1,156) 190,560 394,810
Income before benefit for income taxes and noncontrolling interests 19,316,364 14,508,246 12,817,862
Benefit for Income Taxes 4,362,434 4,287,271 2,612,521
Net Income 23,678,798 18,795,517 15,430,383
Net Income - Noncontrolling Interests (4,058,177) (3,070,892) (2,519,732)
Net Income - Attributable to FONAR 19,620,621 15,724,625 12,910,651
Common Shares      
Other Income and (Expenses):      
Net Income - Attributable to FONAR $ 18,390,586 $ 14,702,834 $ 12,071,670
Basic Net Income Per Common Share $ 2.98 $ 2.43 $ 2.00
Diluted Net Income Per Common Share $ 2.92 $ 2.38 $ 1.95
Weighted Average Shares Outstanding - Basic 6,161,599 6,050,893 6,050,632
Weighted Average Shares Outstanding - Diluted 6,289,103 6,178,397 6,178,136
Class A Non Voting Preferred Stock      
Other Income and (Expenses):      
Net Income - Attributable to FONAR $ 916,769 $ 761,561 $ 625,309
Class C Common Stock      
Other Income and (Expenses):      
Net Income - Attributable to FONAR $ 313,266 $ 260,230 $ 213,672
Basic Net Income Per Common Share $ 0.82 $ 0.68 $ 0.56
Diluted Net Income Per Common Share $ 0.82 $ 0.68 $ 0.56
Weighted Average Shares Outstanding - Basic 382,513 382,513 382,513
Weighted Average Shares Outstanding - Diluted 382,513 382,513 382,513