GOODWILL AND LONG-LIVED ASSETS (Tables)

6 Months Ended

Jun. 30, 2012

GOODWILL AND LONG-LIVED ASSETS [Abstract]

Carrying amount of goodwill

The carrying amount of goodwill at June 30, 2012 is as follows:

Balance as of January 1, 2012
Goodwill	$	115,303
Accumulated impairment losses		(17,932	)
		97,371
Goodwill acquired pursuant to business acquisition-FMTI		1,837
Goodwill impairment		(15,352	)
Balance as of June 30, 2012
Goodwill		117,140
Accumulated impairment losses		(33,284	)
	$	83,856

Summary of finite lived and indefinite lived intangible assets

Intangible assets, which are included in other assets in the accompanying condensed consolidated balance sheets, consist of the following:

	Student Contracts		Indefinite Trade Name		Trade Name		Accreditation		Curriculum		Non-compete		Total
Gross carrying amount at December 31, 2011	$	-	$	180	$	509	$	1,268	$	1,150	$	1,980	$	5,087
Acquisition of FMTI		25		-		25		-		224		200		474
Impairment		-		-		(168)		-		(250)		-		(418)
Gross carrying amount at June 30, 2012		25		180		366		1,268		1,124		2,180		5,143
Accumulated amortization at December 31, 2011		-		-		262		-		620		1,952		2,834
Amortization		11		-		45		-		67		36		159
Impairment		-		-		(127)		-		(85)		-		(212)
Accumulated amortization at June 30, 2012		11		-		180		-		602		1,988		2,781
Net carrying amount at June 30, 2012	$	14	$	180	$	186	$	1,268	$	522	$	192	$	2,362
Weighted average amortization period (years)		1	Indefinite			7	Indefinite			9		3

Summarizes the estimated future amortization expense

The following table summarizes the estimated future amortization expense:

Year Ending December 31,
Remainder of 2012	$	131
2013		225
2014		224
2015		156
2016		112
Thereafter		66
	$	914