CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents	$ 17,418	$ 20,047
Patient accounts receivable, less allowance for doubtful accounts of $2,088 and $1,792, respectively	43,561	38,840
Accounts receivable - other	6,992	2,649
Other current assets	5,444	4,428
Total current assets	73,415	65,964
Fixed assets:
Furniture and equipment	51,822	48,426
Leasehold improvements	28,449	26,765
Fixed assets, gross	80,271	75,191
Less accumulated depreciation and amortization	59,517	56,018
Fixed assets, net	20,754	19,173
Goodwill	268,050	226,806
Other identifiable intangible assets, net	47,568	38,060
Other assets	1,200	1,228
Total assets	410,987	351,231
Current liabilities:
Accounts payable - trade	1,754	1,634
Accrued expenses	31,492	21,756
Current portion of notes payable	2,745	1,227
Total current liabilities	35,991	24,617
Notes payable, net of current portion	3,952	4,596
Revolving line of credit	56,000	46,000
Mandatorily redeemable non-controlling interests	84,311	69,190
Deferred taxes	16,027	15,736
Deferred rent	1,875	1,575
Other long-term liabilities	815	829
Total liabilities	198,971	162,543
Redeemable non-controlling interests	12,079	0
Commitments and contingencies
U.S. Physical Therapy, Inc. ("USPH") 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, 14,795,899 and 14,732,699 shares issued, respectively	147	147
Additional paid-in capital	72,262	68,687
Retained earnings	157,702	150,342
Treasury stock at cost, 2,214,737 shares	(31,628)	(31,628)
Total USPH shareholders' equity	198,483	187,548
Non-controlling interests	1,454	1,140
Total USPH shareholders' equity and non-controlling interests	199,937	188,688
Total liabilities, redeemable non-controlling interests, USPH shareholders' equity and non-controlling interests	$ 410,987	$ 351,231