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Subsequent Events
3 Months Ended
Mar. 31, 2014
Subsequent Events
Note 8. Subsequent Events

On April 2, 2014, the Company made a $1.5 million investment in preferred stock of a game-based learning company representing approximately 25.9% of its fully diluted equity. This game-based learning comany is an education software company that develops software on a proprietary and “work-for-hire” basis.  In connection with the investment, APEI is entitled to certain rights, including right to representation on the Board of Directors. The Company recorded the investment at cost and will recognize its share of earnings or losses in the investee in the periods for which they are reported with a corresponding adjustment in the carrying amount of the investment.