CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 43,555	$ 23,548
Patient accounts receivable, less allowance for doubtful accounts of $2,470 and $2,698, respectively	36,029	46,228
Accounts receivable - other	9,983	9,823
Other current assets	2,572	5,787
Total current assets	92,139	85,386
Fixed assets:
Furniture and equipment	55,914	54,942
Leasehold improvements	33,631	33,247
Fixed assets, gross	89,545	88,189
Less accumulated depreciation and amortization	67,011	66,099
Fixed assets, net	22,534	22,090
Operating lease right-of-use assets	82,965	81,586
Goodwill	330,894	317,676
Other identifiable intangible assets, net	54,895	52,588
Other assets	1,591	1,519
Total assets	585,018	560,845
Current liabilities:
Accounts payable - trade	1,802	2,494
Accrued expenses	51,325	30,855
Current portion of operating lease liabilities	29,591	26,486
Current portion of notes payable	4,635	728
Total current liabilities	87,353	60,563
Notes payable, net of current portion	685	4,361
Revolving line of credit	33,000	46,000
Deferred taxes	8,930	10,071
Operating lease liabilities, net of current portion	61,242	60,258
Other long-term liabilities	392	141
Total liabilities	191,602	181,394
Redeemable non-controlling interests - temporary equity	136,728	137,750
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, 15,057,859 and 14,989,337 shares issued, respectively	151	150
Additional paid-in capital	91,258	87,383
Retained earnings	195,473	184,352
Treasury stock at cost, 2,214,737 shares	(31,628)	(31,628)
Total USPH shareholders' equity	255,254	240,257
Non-controlling interests - permanent equity	1,434	1,444
Total USPH shareholders' equity and non-controlling interests	256,688	241,701
Total liabilities, redeemable non-controlling interests, USPH shareholders' equity and non-controlling interests	$ 585,018	$ 560,845