Property and Equipment, Net

6 Months Ended

Jun. 30, 2011

Property and Equipment, Net [Abstract]

Note 5. PROPERTY AND EQUIPMENT, NET


(in thousands)	June 30, 2011			December 31, 2010

Property and equipment, net consists of the following:
Furniture and equipment	$	20,013		$	17,592
Vehicles		234			170
Construction in progress		11,937			12,224
Leasehold improvements		27,512			17,988

		59,696			47,974
Less: accumulated depreciation and amortization		(12,948	)		(10,875	)

	$	46,748		$	37,099

Construction in progress relates to the development of the United Family Healthcare network of private hospitals and health clinics in China, including facilities and systems development. Construction costs incurred during the six months ended June 30, 2011 primarily related to the expansion of the Company’s existing Beijing hospital campus including facilities which will provide neurosurgical and orthopedic surgery services and initial construction of the women and children’s hospital in Tianjin. Capitalized interest on construction in progress was $272,000 and $60,000 during the six months ended June 30, 2011 and 2010, respectively. Depreciation and amortization expense for property and equipment for the six months ended June 30, 2011 was $2,194,000 and was $1,939,000, for the six months ended June 30, 2010, which included $132,000 related to the Medical Product business.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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