Consolidated Balance Sheets (USD $) In Thousands	Jun. 30, 2011	Dec. 31, 2010
Current assets:
Cash	$ 8,992	$ 9,179
Patient accounts receivable, less allowance for doubtful accounts of $2,570 and $2,190, respectively	27,468	24,814
Accounts receivable - other, less allowance for doubtful accounts of $136 and $83, respectively	2,613	1,555
Other current assets	5,179	3,736
Total current assets	44,252	39,284
Fixed assets:
Furniture and equipment	33,953	33,563
Leasehold improvements	19,733	19,590
Fixed assets, gross	53,686	53,153
Less accumulated depreciation and amortization	40,940	39,230
Fixed assets, net	12,746	13,923
Goodwill	76,588	79,424
Other intangible assets, net	9,948	7,308
Other assets	3,303	922
Total assets	146,837	140,861
Current liabilities:
Accounts payable - trade	1,517	1,237
Accrued expenses	12,734	12,744
Current portion of notes payable	434	250
Total current liabilities	14,685	14,231
Notes payable	334	250
Revolving line of credit	15,800	5,500
Deferred rent	849	966
Other long-term liabilities	587	3,531
Total liabilities	32,255	24,478
Commitments and contingencies
U. S. Physical Therapy, Inc. shareholders' equity:
Preferred stock, $.01 par value, 500,000 shares authorized, no shares issued and outstanding	0	0
Common stock, $.01 par value, 20,000,000 shares authorized, 14,103,592 and 13,893,157 shares issued, respectively	141	139
Additional paid-in capital	37,513	45,570
Retained earnings	96,632	89,876
Treasury stock at cost, 2,214,737 shares	(31,628)	(31,628)
Total U. S. Physical Therapy, Inc. shareholders' equity	102,658	103,957
Noncontrolling interests	11,924	12,426
Total equity	114,582	116,383
Total liabilities and stockholders equity	$ 146,837	$ 140,861