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Discontinued Operations | 12 Months Ended
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Dec. 31, 2016
Discontinued Operations And Disposal Groups [Abstract] |
Discontinued Operations | 17. DISCONTINUED OPERATIONS As of December 31, 2016, the results of operations for campuses that have ceased operations prior to 2015 are presented within discontinued operations. Prior to January 1, 2015, our Transitional Group campuses met the criteria for discontinued operations upon completion of their teach-out as defined under FASB ASC Topic 205 – Presentation of Financial Statements. Commencing January 1, 2015, in accordance with the new guidance under ASC Topic 360, only campuses that meet the criteria of a strategic shift upon disposal will be classified within discontinued operations, among other criteria. Since the January 2015 effective date of the updated guidance within ASC Topic 360, we did not have any campuses that met the criteria to be considered a discontinued operation. Results of Discontinued Operations Combined summary results of operations for our discontinued operations for the years ended December 31, 2016, 2015, and 2014 were as follows (dollars in thousands):
|  | For the Year Ended December 31, |
|  | 2016 |  |  | 2015 |  |  | 2014 |
Revenue |  | $ | - |  |  | $ | (20 | ) |  | $ | 4,708 |
Operating expenses: |  |  |  |  |  |  |  |  |  |  |  |
Educational services and facilities |  | $ | 5,558 |  |  | $ | 1,211 |  |  | $ | 25,152 |
General and administrative |  |  | 1,028 |  |  |  | 910 |  |  |  | 13,282 |
Depreciation and amortization |  |  | - |  |  |  | - |  |  |  | 2,073 |
Asset impairment |  |  | - |  |  |  | - |  |  |  | 68 |
Total operating expenses |  | $ | 6,586 |  |  | $ | 2,121 |  |  | $ | 40,575 |
Pretax loss |  | $ | (6,586 | ) |  | $ | (2,128 | ) |  | $ | (35,601 | )
Income tax benefit |  |  | (2,690 | ) |  |  | (997 | ) |  |  | - |
Loss from discontinued operations, net of tax |  | $ | (3,896 | ) |  | $ | (1,131 | ) |  | $ | (35,601 | )
Net loss per diluted share |  | $ | (0.05 | ) |  | $ | (0.02 | ) |  | $ | (0.53 | )
Assets and Liabilities of Discontinued Operations Assets and liabilities of discontinued operations on our consolidated balance sheets as of December 31, 2016 and 2015 include the following (dollars in thousands):
|  | As of December 31, |
|  | 2016 |  |  | 2015 |
Assets: |  |  |  |  |  |  |  |
Current assets: |  |  |  |  |  |  |  |
Receivables, net |  | $ | 148 |  |  | $ | 254 |
Total current assets |  |  | 148 |  |  |  | 254 |
Non-current assets: |  |  |  |  |  |  |  |
Other assets, net |  |  | 483 |  |  |  | 720 |
Deferred income tax assets, net |  |  | 5,622 |  |  |  | 8,091 |
Total assets of discontinued operations |  | $ | 6,253 |  |  | $ | 9,065 |
Liabilities: |  |  |  |  |  |  |  |
Current liabilities: |  |  |  |  |  |  |  |
Accounts payable and accrued expenses |  | $ | 76 |  |  | $ | 528 |
Remaining lease obligations |  |  | 8,143 |  |  |  | 12,539 |
Total current liabilities |  |  | 8,219 |  |  |  | 13,067 |
Non-current liabilities: |  |  |  |  |  |  |  |
Remaining lease obligations |  |  | 6,331 |  |  |  | 9,212 |
Other |  |  | 91 |  |  |  | 164 |
Total liabilities of discontinued operations |  | $ | 14,641 |  |  | $ | 22,443 |
Remaining Lease Obligations of Discontinued Operations A number of the campuses that ceased operations prior to January 1, 2015 have remaining lease obligations that expire over time with the latest expiration in 2019. A liability is recorded representing the fair value of the remaining lease obligation at the time the space is no longer being utilized. Changes in our future remaining lease obligations, which are reflected within current and non-current liabilities of discontinued operations on our consolidated balance sheets, for the years ended December 31, 2016, 2015 and 2014 were as follows (dollars in thousands):
|  | Balance, Beginning of Period |  |  | Charges Incurred (1) |  |  | Net Cash Payments (2) |  |  | Other (3) |  |  | Balance, End of Period |
For the year ended December 31, 2016 |  | $ | 21,751 |  |  | $ | 4,090 |  |  | $ | (11,367 | ) |  | $ | - |  |  | $ | 14,474 |
For the year ended December 31, 2015 |  | $ | 37,616 |  |  | $ | (342 | ) |  | $ | (15,523 | ) |  | $ | - |  |  | $ | 21,751 |
For the year ended December 31, 2014 |  | $ | 44,084 |  |  | $ | 13,676 |  |  | $ | (24,854 | ) |  | $ | 4,710 |  |  | $ | 37,616 |
(1) | Includes subsequent adjustments for accretion, revised estimates, and variances between estimated and actual charges, net of any reversals for terminated lease obligations.
(2) | See Note 7 “Leases” for the future minimum lease payments under operating leases for discontinued operations as of December 31, 2016.
(3) Includes existing prepaid rent and deferred rent liability balances for newly vacated spaces that are netted with the losses incurred in the period recorded.

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- Definition The entire disclosure related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=65878427&loc=SL51721533-107759 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721665-107760 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5C -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721675-107760 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=64862545&loc=SL51724579-110230 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 4A -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721663-107760 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=64862545&loc=d3e2941-110230 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=64827811&loc=d3e1361-107760 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5B -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721673-107760 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3A -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721659-107760 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5A -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721671-107760 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 5D -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721677-107760 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=64827811&loc=d3e1474-107760 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721683-107760 + Details
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