XML 14 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Rental income from medical services $ 4,470,000 $ 4,613,000 $ 14,944,000 $ 14,472,000
Costs of revenue:        
Maintenance and supplies 470,000 331,000 1,723,000 811,000
Depreciation and amortization 1,761,000 1,674,000 5,082,000 5,000,000
Other direct operating costs 605,000 726,000 2,218,000 2,182,000
Costs of revenue 2,836,000 2,731,000 9,023,000 7,993,000
Gross Margin 1,634,000 1,882,000 5,921,000 6,479,000
Selling and administrative expense 1,050,000 1,026,000 3,067,000 3,303,000
Interest expense 399,000 417,000 1,230,000 1,314,000
Operating income 185,000 439,000 1,624,000 1,862,000
Proceeds received from investment in equity securities 0 0 22,000 0
Interest and other income (loss) 185,000 0 194,000 (1,000)
Income before income taxes 370,000 439,000 1,840,000 1,861,000
Income tax expense 82,000 164,000 401,000 600,000
Net income 288,000 275,000 1,439,000 1,261,000
Less: Net (income) attributable to non-controlling interests (120,000) (176,000) (594,000) (756,000)
Net income attributable to American Shared Hospital Services $ 168,000 $ 99,000 $ 845,000 $ 505,000
Net income per share:        
Earnings per common share - basic $ 0.03 $ 0.02 $ 0.14 $ 0.09
Earnings per common share - diluted $ 0.03 $ 0.02 $ 0.14 $ 0.09