Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2014

Commitments and Contingencies Disclosure [Abstract]

Future Minimum Rental Payments

Future minimum rental payments required under our operating leases that have initial or remaining non-cancelable lease terms in excess of one year as of December 31, 2014 are as follows:

2015	$	41,207
2016		36,226
2017		27,617
2018		21,529
2019		15,235
2020 and thereafter		8,144
	$	149,958

Components of Recorded Liability Related to Claims and Contingencies

The following table sets forth the components of our recorded liability related to our claims and contingencies and where the amounts were included on our Consolidated Balance Sheets as of the dates indicated:

	As of December 31,
	2014		2013
CUSO RSA	$	0	$	116,923
Other		15,574		8,957
Total	$	15,574	$	125,880
Other current liabilities	$	14,976	$	25,893
Other liabilities		598		99,987
Total	$	15,574	$	125,880

Activity with Respect to Claims and Contingencies

The following table sets forth the activity with respect to our recorded liability related to our claims and contingencies in the periods indicated:

	Year Ended December 31,
	2014			2013
Balance as of January 1	$	125,880		$	126,978
Increases (decreases) from:
Additional accruals:
CUSO RSA		2,019			90,964
Other		36,634			18,768
Payments, other, net of recoveries owed of $475 and $574(1)		(29,542	)		(14,730	)
Payments under CUSO RSA, net of recoveries of $466 and $103(2)		(9,139	)		(2,600	)
Payments under PEAKS Guarantee, net of estimated recoveries of $0 and $1,408		(159,255	)		(1,005	)
Payments on Behalf of Borrowers		(1,832	)		(11,499	)
Settlement payment – 2007 RSA		0			(46,000	)
Elimination of PEAKS Trust intercompany transactions (3)		161,087			11,118
Elimination of PEAKS Guarantee accrual (4)		0			(46,114	)
Elimination of CUSO intercompany transactions (5)		4,583			0
Elimination of CUSO RSA accrual (6)		(114,861	)		0
Balance as of December 31	$	15,574		$	125,880

(1) Consists of payments for legal and other contingencies, net of recoveries from charged-off loans made under the CUSO Program that were owed, but had not been remitted, to us.

(2) Consists of payments made under the CUSO RSA, net of recoveries from charged-off CUSO Student Loans that we received or offset against payments owed under the CUSO RSA.

(3) We consolidated the PEAKS Trust in our consolidated financial statements as of February 28, 2013 and, as a result, we eliminated from our consolidated financial statements the amount of payments under the PEAKS Guarantee and Payments on Behalf of Borrowers that we made following the PEAKS Consolidation. See Note 8 – Variable Interest Entities, for a further discussion of the PEAKS Consolidation.

(4) As a result of the PEAKS Consolidation, we eliminated from our consolidated financial statements the contingent liability related to the PEAKS Guarantee that we had previously recorded.

(5) We consolidated the CUSO in our consolidated financial statements as of September 30, 2014 and, as a result, we eliminated from our consolidated financial statements the amount of payments under the CUSO RSA that we made following the CUSO Consolidation. See Note 8 – Variable Interest Entities, for a further discussion of the CUSO Consolidation.

(6) As a result of the CUSO Consolidation, we eliminated from our consolidated financial statements the contingent liability related to the CUSO RSA that we had previously recorded.

Estimated Amounts of Regular, Discharge Payments Expected to Pay and Estimated Recoveries from Charged-off Loans

The following table sets forth, in the periods indicated, our projections of the estimated amount of Regular Payments and Discharge Payments that we expect to pay (or that we expect will be owed by us, which amounts could be reduced prior to payment thereof by the amount of recoveries from charged-off loans owed to us as described in the immediately preceding sentence) and the estimated amount of recoveries from charged-off loans that we expect to be paid to us by the CUSO (or that we may utilize to offset a portion of the amounts of Regular Payments or Discharge Payments owed by us):

Year	Estimated Regular Payments		Estimated Discharge Payments			Estimated Total Payments		Estimated Recoveries
2015	$	11,723	$	2,709	(1)	$	14,432	$	(1,393	)
2016		15,895		0			15,895		(1,479	)
2017		17,615		0			17,615		(1,545	)
2018 and later		0		78,747			78,747		(1,580	)
	$	45,233	$	81,456		$	126,689	$	(5,997	)

(1) Represents the Discharge Payment of $2,709 that we made on March 19, 2015 pursuant to the terms of the Fifth Amendment to CUSO RSA.

Aggregate Amount of Guarantee Payments, Discharge Payments and Payments on Behalf of Borrowers

 The following table sets forth the approximate aggregate amount of guarantee payments, Discharge Payments and Payments on Behalf of Borrowers that were made related to the PEAKS Program and CUSO RSA and the amount of recoveries from charged-off loans paid to us by the CUSO, in the periods indicated:

	Year Ended December 31,
Type of Payment (Receipt)	2014			2013
Guarantee:
PEAKS Program	$	159,255		$	2,413	(1)
CUSO RSA Regular Payments		6,562	(2)(3)		1,791
CUSO RSA Discharge Payments		2,577			912
Payments on Behalf of Borrowers		1,832			11,499	(4)
CUSO RSA-Recoveries from Charged-Off Loans		0			(103	)
Total	$	170,226		$	16,512

(1) Of this amount, $854 was paid prior to the PEAKS Consolidation.

(2) This amount is net of $466 of recoveries from charged-off loans owed to us that we offset against the amount we owed under the CUSO RSA.

(3) Of this amount, $4,556 was paid prior to the CUSO Consolidation.

(4) Of this amount, $532 was paid prior to the PEAKS Consolidation.