XML 42 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
Jun. 30, 2013
Dec. 31, 2012
ASSETS    
Cash and cash equivalents $ 1,345,000 $ 1,564,000
Restricted cash 50,000 50,000
Certificate of deposit 9,000,000 9,000,000
Accounts receivable, net of allowance for doubtful accounts of $100,000 in 2013 and $100,000 in 2012 5,125,000 3,706,000
Other receivables 342,000 401,000
Prepaid expenses and other current assets 662,000 925,000
Current deferred tax assets 315,000 310,000
Total current assets 16,839,000 15,956,000
Property and equipment:    
Medical equipment and facilities 85,763,000 84,453,000
Office equipment 738,000 694,000
Deposits and construction in progress 7,506,000 9,754,000
Property, Plant and Equipment, Gross 94,007,000 94,901,000
Accumulated depreciation and amortization (40,716,000) (41,224,000)
Net property and equipment 53,291,000 53,677,000
Investment in common stock 2,701,000 0
Investment in preferred stock 0 2,687,000
Other assets 1,004,000 1,003,000
Total assets 73,835,000 73,323,000
LIABILITIES AND SHAREHOLDERS' EQUITY    
Accounts payable 918,000 263,000
Employee compensation and benefits 236,000 168,000
Customer deposits/deferred revenue 735,000 747,000
Other accrued liabilities 1,093,000 801,000
Current portion of long-term debt 4,604,000 3,932,000
Current portion of obligations under capital leases 3,625,000 3,742,000
Total current liabilities 11,211,000 9,653,000
Long-term debt, less current portion 14,679,000 13,837,000
Long-term capital leases, less current portion 11,360,000 13,173,000
Advances on line of credit 8,700,000 8,550,000
Deferred income taxes 3,280,000 3,280,000
Shareholders' equity:    
Common stock (4,609,000 shares at June 30, 2013 and 4,606,000 shares at December 31, 2012) 8,578,000 8,578,000
Additional paid-in capital 4,959,000 4,902,000
Accumulated other comprehensive income (loss) (395,000) (357,000)
Retained earnings 6,675,000 6,806,000
Total equity-American Shared Hospital Services 19,817,000 19,929,000
Non-controlling interest in subsidiary 4,788,000 4,901,000
Total shareholders' equity 24,605,000 24,830,000
Total liabilities and shareholders' equity $ 73,835,000 $ 73,323,000