ACQUISITIONS OF BUSINESSES (Tables)

9 Months Ended

Sep. 30, 2017

ACQUISITIONS OF BUSINESSES [Abstract]

Schedule of Preliminary Purchase Prices Allocation

The purchase price for the 2017 acquisitions has been preliminarily allocated as follows (in thousands):

Cash paid, net of cash acquired	$	33,740
Seller notes		1,650
Total consideration	$	35,390
Estimated fair value of net tangible assets acquired:
Total current assets	$	5,681
Total non-current assets		1,790
Total liabilities		(1,844	)
Net tangible assets acquired	$	5,627
Referral relationships		4,693
Non-compete		1,790
Tradename		5,118
Goodwill		40,384
Fair value of non-controlling interest (classified as redeemable non-controlling interests)		(11,940	)
Fair value of non-controlling interest (classified as mandatorily redeemable non-controlling interests)		(10,282	)
	$	35,390

The purchase prices for the 2016 acquisitions have been preliminarily allocated as follows (in thousands):

Cash paid, net of cash acquired	$	23,623
Seller notes		1,000
Total consideration	$	24,623
Estimated fair value of net tangible assets acquired:
Total current assets	$	1,764
Total non-current assets		839
Total liabilities		(947	)
Net tangible assets acquired	$	1,656
Referral relationships		4,919
Non-compete		847
Tradename		3,802
Goodwill		32,278
Fair value of non-controlling interest (classified as mandatorily redeemable non-controlling interests)		(18,879	)
	$	24,623