Courseware

3 Months Ended

12 Months Ended

Mar. 31, 2013

Dec. 31, 2012

Notes to Financial Statements [Abstract]

6. Courseware

Note 5. Courseware

Courseware costs capitalized were $0 and $3,200 for the three months ended March 31, 2013 and 2012, respectively.

Courseware consisted of the following at March 31, 2013 and December 31, 2012:

	March 31, 2013			December 31, 2012
Courseware	$	2,097,538		$	2,097,538
Accumulated amortization		(1,878,979	)		(1,843,967	)
Courseware, net	$	218,559		$	253,571

Amortization expense of courseware for the three months ended March 31, 2013 and 2012 was $35,012 and $36,238, respectively.

The following is a schedule of estimated future amortization expense of courseware at March 31, 2013:

Year Ending December 31,
2013	$	85,808
2014		77,757
2015		39,616
2016		12,738
2017		2,640
Total	$	218,559

Note 6. Courseware

Courseware costs capitalized were $25,300 and $54,090 for the years ended December 31, 2012 and 2011, respectively.

Courseware consisted of the following at December 31, 2012 and 2011:

	December 31,
	2012			2011
Courseware	$	2,097,538		$	2,072,238
Accumulated amortization		(1,843,967	)		(1,702,407	)
Courseware, net	$	253,571		$	369,831

Amortization expense of courseware for the years ended December 31, 2012 and 2011 was $141,560 and $178,420, respectively.

The following is a schedule of estimated future amortization expense of courseware at December 31, 2012:

Year Ending December 31,
2013	$	120,819
2014		77,757
2015		39,616
2016		12,738
2017		2,641
Total	$	253,571