Significant Accounting Policies (Tables)

3 Months Ended

12 Months Ended

Mar. 31, 2013

Dec. 31, 2012

Significant Accounting Policies Tables

Depreciation and amortization over the estimated useful lives

Depreciation and amortization are computed using the straight-line method over the estimated useful lives of the related assets per the following table.

Category	Depreciation Term
Call center equipment	5 years
Computer and office equipment	5 years
Furniture and fixtures	7 years
Library (online)	3 years
Software	5 years
Vehicle	5 years

Reclassifications to the consolidated statements of operations

The following table shows the reclassifications to the unaudited condensed consolidated statements of operations for the three months ended March 31, 2012.

	For the Three Months Ended March 31, 2012
			Reclassifications
							Discontinued
	As Previously			Bad Debt			Operations			As
	Reported			Expense			(See Note 1)			Reclassified
Costs and expenses:
Instructional costs and services	$	904,697		$	(32,955	)	$	(683,895	)	$	187,847
Marketing and promotional		437,305									437,305
General and administrative		1,719,326			32,955						1,752,281
Depreciation and amortization		89,749									89,749
Total costs and expenses	$	3,151,077								$	2,467,182

The following tables show the reclassifications to the consolidated statements of operations for the year ended December 31, 2011.

	For the Year Ended December 31, 2011
			Reclassifications
												Financial			Training
									Courseware			Aid			and			Discontinued
	As Previously		Bad Debt			Consulting			Development			Processing			Seminars			Operations			As
	Reported		Expense			Expense			Costs			Costs			Expense			(See Note 1)			Reclassified
Costs and expenses:
Instructional costs and services	$	2,493,341	$	(21,200	)				$	(236,953	)	$	(35,154	)				$	(1,674,127	)	$	525,907
Marketing and promotional		1,181,558				$	(658,832	)							$	(7,364	)					515,362
General and administrative		2,634,453		21,200			658,832			236,953			35,154			7,364						3,593,956
Depreciation and amortization		264,082																				264,082
Total costs and expenses	$	6,573,434																			$	4,899,307