Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Operating activities:
Net income (loss)	$ (11,927,655)	$ 6,075,282
Less: Income (loss) from discontinued operations, net of tax	(16,081)	3,771,057
Income (loss) from continuing operations, net of tax	(11,911,574)	2,304,225
Adjustments to reconcile income (loss) from continuing operations, net of tax, to net cash provided by (used in) operating activities:
Depreciation and amortization	5,408,900	2,727,455
Stock-based compensation, net of cashless vesting	(87,738)	293,255
Provision for doubtful accounts	4,520,909	2,598,546
Equity in earnings of affiliates	(723,758)	(731,072)
Gain on sale of equity investment in affiliate	(2,140,832)
Changes in assets and liabilities, net of acquisition:
Accounts receivable, net of provision for doubtful accounts	(4,489,457)	(4,400,806)
Receivables from affiliates	97,026	243,924
Supplies inventories	64,735	(7,693)
Prepaid and other current assets	(8,840,689)	721,773
Other assets	136,089	(105,221)
Accounts payable	10,727,527	(1,694,267)
Accrued liabilities	1,428,043	1,483,207
Other current liabilities	374,747	227,516
Other liabilities	151,127	197,975
Net cash provided by (used in) operating activities from continuing operations	(5,284,945)	3,858,817
Net cash used in operating activities from discontinued operations	(7,184)	(602,074)
Net cash provided by (used in) operating activities	(5,292,129)	3,256,743
Investing activities:
Acquisition of business, net of cash received	(158,000)
Proceeds from sale of equity investment in affiliate	2,200,000
Purchase of property and equipment	(2,009,454)	(720,760)
Disposal of property and equipment		99,267
Distributions from affiliates	792,194	1,245,998
Net cash provided by investing activities from continuing operations	824,740	624,505
Net cash provided by investing activities from discontinued operations		8,388,233
Net cash provided by investing activities	824,740	9,012,738
Financing activities:
Debt proceeds	5,915,642	1,920,112
Debt payments	(3,977,052)	(9,881,531)
Preferred noncontrolling interest dividends	(314,059)	(390,405)
Preferred noncontrolling interest redemptions		(870,000)
Distributions to noncontrolling interests	(1,157,416)	(1,771,064)
Net cash provided by (used in) financing activities from continuing operations	467,115	(10,992,888)
Net cash provided by (used in) financing activities	467,115	(10,992,888)
Net change in cash	(4,000,274)	1,276,593
Cash at beginning of period	5,062,492	2,860,025
Cash at end of period	$ 1,062,218	$ 4,136,618

Foundation Healthcare, Inc. 10-Q