Condensed Consolidated Balance Sheets - USD ($) $ in Thousands		Jun. 30, 2015	Dec. 31, 2014
CURRENT ASSETS:
Cash and cash equivalents, unrestricted		$ 63,266	$ 93,832
Restricted cash		13,438	22,938
Short-term investments		120,026	122,858
Total cash and cash equivalents, restricted cash and short-term investments		196,730	239,628
Student receivables, net of allowance for doubtful accounts of $12,666 and $12,398 as of June 30, 2015 and December 31, 2014, respectively		25,872	24,564
Receivables, other, net		4,472	18,925
Prepaid expenses		17,513	14,679
Inventories		2,668	3,305
Other current assets		1,852	2,384
Assets held for sale		66,541	76,846	[1]
Assets of discontinued operations		280	473
Total current assets		315,928	380,804
NON-CURRENT ASSETS:
Property and equipment, net		57,946	73,083
Goodwill		87,356	87,356
Intangible assets, net		7,900	9,819
Student receivables, net of allowance for doubtful accounts of $1,616 and $2,119 as of June 30, 2015 and December 31, 2014, respectively		2,887	2,926
Other assets		17,506	18,571
Assets of discontinued operations		853	975
TOTAL ASSETS	[2]	490,376	573,534
CURRENT LIABILITIES:
Short-term borrowings			10,000
Accounts payable		17,636	21,968
Accrued expenses:
Payroll and related benefits		31,754	29,545
Advertising and production costs		12,735	13,162
Income taxes		1,545	1,633
Other		17,884	21,440
Deferred tuition revenue		37,105	37,572
Liabilities held for sale		44,999	50,357	[1]
Liabilities of discontinued operations		13,343	15,506
Total current liabilities		177,001	201,183
NON-CURRENT LIABILITIES:
Deferred rent obligations		39,883	48,381
Other liabilities		20,040	19,178
Liabilities of discontinued operations		14,984	22,859
Total non-current liabilities		$ 74,907	$ 90,418
STOCKHOLDERS' EQUITY:
Preferred stock, $0.01 par value; 1,000,000 shares authorized; none issued or outstanding
Common stock, $0.01 par value; 300,000,000 shares authorized; 82,841,253 and 82,336,689 shares issued, 67,948,036 and 67,521,038 shares outstanding as of June 30, 2015 and December 31, 2014, respectively		$ 828	$ 823
Additional paid-in capital		608,935	606,531
Accumulated other comprehensive loss		(701)	(853)
Retained deficit		(155,007)	(109,403)
Cost of 14,893,217 and 14,815,651 shares in treasury as of June 30, 2015 and December 31, 2014, respectively		(215,587)	(215,165)
Total stockholders' equity		238,468	281,933
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY		$ 490,376	$ 573,534

[1] Only assets and liabilities related to our LCB institutions were reported as held for sale as of December 31, 2014.

[2] Total assets do not include intercompany receivable or payable activity between schools and corporate and investments in subsidiaries.