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Commitments and Contingencies
12 Months Ended
Dec. 31, 2012
Commitments and Contingencies [Abstract]  
Commitments and Contingencies
 
12.
Commitments and Contingencies
 
The University participates in various federal student financial assistance programs which are subject to audit. Management believes that the potential effects of audit adjustments, if any, for the periods currently under audit will not have a material adverse effect, individually or in the aggregate, on the Company’s consolidated financial position, results of operations or cash flows.
 
As of December 31, 2012, the Company had 98 long-term, non-cancelable operating leases for campuses and other administrative facilities. Rent expense was $32.6 million, $42.2 million, and $46.5 million for the years ended December 31, 2010, 2011, and 2012, respectively. The rents on the Company’s leases are subject to annual increases. The minimum rental commitments for the Company as of December 31, 2012 are as follows (in thousands):
 
   
Minimum
rental
commitments
 
2013
  $ 39,992  
2014
    39,925  
2015
    37,203  
2016
    32,433  
2017
    26,960  
Thereafter
    65,916  
Total
  $ 242,429