GOODWILL AND LONG-LIVED ASSETS (Tables)

9 Months Ended

Sep. 30, 2012

GOODWILL AND LONG-LIVED ASSETS [Abstract]

Carrying amount of goodwill

The carrying amount of goodwill at September 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 September 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   September 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		23		-		61			-		100			46		230
Impairment		-		-		(127	)		-		(85	)		-		(212	)
Accumulated amortization at   September 30, 2012		23		-		196			-		635			1,998		2,852
Net carrying amount at   September 30, 2012	$	2	$	180	$	170		$	1,268	$	489		$	182	$	2,291
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	$	60
2013		225
2014		224
2015		156
2016		112
Thereafter		66
	$	843