CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 20,453	$ 15,778
Patient accounts receivable, less allowance for doubtful accounts of $1,672 and $1,444, respectively	39,356	36,231
Accounts receivable - other, less allowance for doubtful accounts of $-0- and $198, respectively	2,335	2,388
Other current assets	8,220	5,785
Total current assets	70,364	60,182
Fixed assets:
Furniture and equipment	46,747	44,749
Leasehold improvements	25,733	25,160
Fixed assets, gross	72,480	69,909
Less accumulated depreciation and amortization	55,642	53,255
Fixed assets, net	16,838	16,654
Goodwill	191,268	171,547
Other identifiable intangible assets, net	33,909	30,296
Other assets	1,219	1,234
Total assets	313,598	279,913
Current liabilities:
Accounts payable - trade	1,668	1,636
Accrued expenses	26,273	16,596
Current portion of notes payable	1,044	775
Total current liabilities	28,985	19,007
Notes payable	4,547	4,335
Revolving line of credit	42,500	44,000
Deferred rent	1,285	1,395
Deferred taxes	12,361	8,355
Other long-term liabilities	869	868
Total liabilities	90,547	77,960
Commitments and contingencies
Redeemable non-controlling interests	8,641	8,843
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, 14,734,963 and 14,635,874 shares issued, respectively	147	146
Additional paid-in capital	48,236	45,251
Retained earnings	157,161	149,016
Treasury stock at cost, 2,214,737 shares	(31,628)	(31,628)
Total U. S. Physical Therapy, Inc. shareholders' equity	173,916	162,785
Non-controlling interests	40,494	30,325
Total equity	214,410	193,110
Total liabilities and equity	$ 313,598	$ 279,913