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Segment Reporting (Tables) | 3 Months Ended
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Mar. 31, 2021
Segment Reporting [Abstract] |
Summary Financial Information by Reporting Segment | Summary financial information by reporting segment is as follows (dollars in thousands):
|  | For the Quarter Ended March 31, |
|  | Revenue |  |  | Operating Income (Loss) |
|  | 2021 |  |  | % of Total |  |  | 2020 |  |  | % of Total |  |  | 2021 |  |  | 2020 |
CTU |  | $ | 105,822 |  |  |  | 57.6 | % |  | $ | 103,588 |  |  |  | 60.6 | % |  | $ | 36,143 |  |  | $ | 34,619 |
AIU (1) |  |  | 77,477 |  |  |  | 42.2 | % |  |  | 67,396 |  |  |  | 39.4 | % |  |  | 11,323 |  |  |  | 9,376 |
Corporate and Other (2) |  |  | 339 |  |  | NM |  |  |  | 10 |  |  | NM |  |  |  | (6,849 | ) |  |  | (6,692 | )
Total |  | $ | 183,638 |  |  |  | 100.0 | % |  | $ | 170,994 |  |  |  | 100.0 | % |  | $ | 40,617 |  |  | $ | 37,303 |
|  | Total Assets as of (3) |
|  | March 31, 2021 |  |  | December 31, 2020 |
CTU |  | $ | 102,237 |  |  | $ | 96,922 |
AIU |  |  | 129,961 |  |  |  | 141,602 |
Corporate and Other (2) |  |  | 518,167 |  |  |  | 482,993 |
Total |  | $ | 750,365 |  |  | $ | 721,517 |
(1) | AIU’s revenue and operating income for the quarter ended March 31, 2020, include results of operations related to Trident from the March 2, 2020 date of acquisition and therefore do not reflect a full quarter of activity for Trident.
(2) | Corporate and Other includes results of operations and total assets for closed campuses.
(3) | Total assets do not include intercompany receivable or payable activity between institutions and corporate and investments in subsidiaries.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 + Details
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