General form of registration statement for all companies including face-amount certificate companies

Variable Interest Entities - Assets and liabilities (Details)

v3.23.1
Variable Interest Entities - Assets and liabilities (Details) - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Dec. 03, 2021
Dec. 02, 2021
Dec. 31, 2020
ASSETS          
Cash $ 17,537 $ 140,478   $ 5,301  
Clinic fees and insurance receivable, net 822 1,090      
Prepaid expenses and other current assets 2,643 6,959      
Property and equipment, net 8,839 8,048      
Goodwill   1,309,750 $ 1,278,453    
TOTAL ASSETS [1] 876,571 2,364,109      
LIABILITIES AND MEMBERS' DEFICIT          
Accounts payable 11,542 5,469      
Accrued expenses and other current liabilities 16,647 12,261      
Accrued payroll 8,224 6,304      
TOTAL LIABILITIES [1] 353,912 299,940      
MEMBERS' DEFICIT 5,854 273,552   $ (272,917) $ (130,218)
TOTAL LIABILITIES AND MEMBERS' DEFICIT $ 876,571 2,364,109      
Prime rate          
Variable Interest Entity          
Advances interest rate spread (as a percent) 2.00%        
VIE          
ASSETS          
Cash $ 1,759 7,570      
Clinic fees and insurance receivable, net 323 61      
Prepaid expenses and other current assets 121 407      
Other Receivable 855        
Property and equipment, net 44 36      
Goodwill 0 0      
Due from consolidated entities of P3 3,012        
Investment in Other P3 Entities   6,000      
TOTAL ASSETS 6,114 14,074      
LIABILITIES AND MEMBERS' DEFICIT          
Accounts payable 7,800 4,779      
Accrued expenses and other current liabilities 262 26      
Accrued payroll 1,885 1,303      
Due to Consolidated Entities of P3 36,025 24,111      
TOTAL LIABILITIES 45,972 30,219      
MEMBERS' DEFICIT (39,858) (16,145)      
TOTAL LIABILITIES AND MEMBERS' DEFICIT $ 6,114 $ 14,074      
[1] The Company’s consolidated balance sheets include the assets and liabilities of its consolidated variable interest entities (“VIEs”). As discussed in Note 23: Variable Interest Entities, P3 LLC is itself a VIE. P3 LLC represents substantially all the assets and liabilities of the Company. As a result, the language and numbers below refer only to VIEs held at the P3 LLC level. The consolidated balance sheets include total assets that can be used only to settle obligations of P3 LLC’s consolidated VIEs totaling $3.1 million and $8.1 million as of December 31, 2022 and 2021, respectively, and total liabilities of P3 LLC’s consolidated VIEs for which creditors do not have recourse to the general credit of the Company totaled $9.9 million and $6.1 million as of December 31, 2022 and 2021, respectively. These VIE assets and liabilities do not include $33.0 million of net amounts due to affiliates as of December 31, 2022 and $6.0 million of investment in affiliates and $24.1 million of amounts due to affiliates as of December 31, 2021 as these are eliminated in consolidation and not presented within the consolidated balance sheets.