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Consolidated Statements of Cash Flows (Unaudited) (USD $)
9 Months Ended
Dec. 31, 2012
Dec. 31, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (3,680,904) $ (1,330,816)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation 529,272 500,000
Deferred income taxes   (776,000)
Deferred rent 762 145,678
Stock-based compensation 38,400 76,800
Gain on sale of assets (16,744)  
Changes in operating assets and liabilities:    
Student receivables 45,226 39,680
Prepaid expenses (21,611) 20,244
Other assets 19,736 137,124
Accounts payable and accrued expenses (140,176) (311,653)
Student credit balances (37,149) 14,568
Income taxes   (50,878)
Net cash used in operating activities (3,263,188) (1,535,253)
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property and equipment (148,851) (405,467)
Proceeds from sale of assets 70,000  
Net change in due from affiliates   (67,974)
Net cash used in investing activities (78,851) (473,441)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Proceeds from line of credit 2,000,000  
Net change in due to affiliates (3,765) 39,384
Preferred dividends paid   (30,000)
Net cash provided by financing activities 1,996,235 9,384
DECREASE IN CASH AND CASH EQUIVALENTS (1,345,804) (1,999,310)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 2,542,293 4,527,415
CASH AND CASH EQUIVALENTS AT END OF PERIOD 1,196,489 2,528,105
SUPPLEMENTAL DISCLOSURES:    
Cash paid for income taxes   $ 903