these additional six schools joined our transitional schools segment to be managed through their teach-out date to ensure that students are afforded the reasonable opportunity to complete their course of study before the campuses are ultimately closed . these campuses were selected based on various considerations , including enrollment , financial viability and employment opportunities for graduates in the local market . with these moves , we believe we now have the core campuses upon which we will stabilize our organization and return to growth . we anticipate that we will incur operating losses for all the campuses within the transitional schools segment of approximately $ 70.0 million for the year ending december 31 , 2014 , which includes an estimate for the remaining lease obligations charge that will be recorded once we exit each location . as of december 31 , 2013 , we have 30 campuses within the transitional schools segment , 20 of which are scheduled to complete their teach-out during 2014. the estimated operating losses associated with the 20 campus closures in 2014 is approximately $ 36.0 million , with the losses more heavily weighted in the first half of the year . our university schools group , which includes both ctu and aiu , reported operating income of $ 57.9 million for 2013 while revenue decreased approximately 13 % as compared to the prior year . new student enrollments declined 19 % for 2013 from the prior year and total student enrollment decreased 9 % . we believe that the current state of the economy and the uncertainty surrounding job prospects continues to impact many students ' decision to return to school and incur debt . we continue to analyze and implement operational changes to improve our student intake process , including new marketing campaigns and enhancements to our websites . these efforts are beginning to yield results as we are seeing positive trends in new student enrollments , with 58 year-over-year declines growing smaller as we progressed through 2013. in addition , we are working to expand our pricing strategies with the objective of providing students with varying alternatives to completing their course of studies in an affordable and efficient manner . we are targeting to introduce these expanded offerings during 2014. during 2013 , our career schools reported a 21 % decrease in revenue as compared to the prior year and collectively reported an operating loss of $ 162.2 million . despite the overall operating loss , our career schools continue to show signs of stabilization . overall new student enrollments were down 7 % for 2013 as compared to the prior year . student applications showed positive improvement in all three career schools segments as compared to the prior year and health education 's and design & technology 's student retention rates increased as compared to the prior year . new student enrollments continue to be impacted by challenging market conditions as well as a decline in the effectiveness of our processes to enroll a new student once they have applied to one of our institutions , particularly within our culinary arts segment . we are making progress establishing more effective enrollment processes to address this operational inefficiency . the leadership team within career schools continues to evaluate and focus on new student intake initiatives , new programs and reengineering efforts to make changes to enhance critical operations and academic processes across our career schools . finally , the 2013 results include a $ 72.2 million non-cash charge related to establishing a valuation allowance against a portion of the company 's deferred tax assets . in assessing the need for a valuation allowance , we consider both positive and negative evidence related to the likelihood of realization of the deferred tax assets . if , based on the weight of available evidence , we determine it is more likely than not the deferred tax assets will not be realized within a period of time , we record a valuation allowance . a significant piece of objective negative evidence evaluated is the cumulative loss incurred over the three-year period ended december 31 , 2013. such objective evidence limits the ability to consider other subjective evidence such as our projections for future growth . as a result of our assessment , as of december 31 , 2013 , a valuation allowance of $ 72.2 million has been recorded in order to measure only the portion of the deferred tax asset that more likely than not will be realized . the amount of the deferred tax asset considered realizable , however , could be adjusted if estimates of future taxable income during the carryforward period are reduced or increased , if objective negative evidence in the form of cumulative losses is no longer present and additional weight may be given to subjective evidence such as our projections for growth . we will continue to evaluate our valuation allowance in future years for any change in circumstances that causes a change in judgment about the realizability of the deferred tax asset . legal and regulatory updates during 2013 we made progress in resolving a number of our regulatory and legal concerns . we reached an agreement with the new york attorney general 's office for $ 10.5 million and also settled the shareholder derivative and securities litigation which is expected to be primarily funded through insurance proceeds . on january 24 , 2014 , we accepted a mediator 's proposal to settle multiple individual lawsuits which are part of the vasquez matter and recorded an accrual for $ 15.5 million based on our estimate of the liability . story_separator_special_tag this decline was driven by approximately 25 % fewer students enrolled within our institutions as of the beginning of the year and approximately 22 % fewer new student enrollments across our institutions in 2013 as compared to 2012. excluding the impact of transitional schools , whose revenues were down $ 95.0 million as compared to the prior year , we had approximately 15 % fewer new student enrollments in 2013 when compared to 2012. in addition , our institutions implemented certain operational changes during 2013 that have , in the short-term , negatively impacted our new student enrollments , including certain programs which we had established to enable students to assess their readiness to commit to enrolling in college-level courses . finally , we have experienced certain operational execution issues related to student intake and orientation that have negatively impacted the rate at which students are converted from prospective applicants to new enrollments . the company is actively addressing these issues . we expect , however , that these changes will positively impact student outcomes as enrolled students have more awareness of the tools and rigor of the educational program that they are enrolled in . educational services and facilities expense the decrease in educational services and facilities expense as compared to the prior year is primarily driven by lower academic costs , most notably faculty and bookstore costs . the decrease in faculty and bookstore costs is caused by a combination of factors , including lower student enrollment across all of our institutions , our initiative to implement self-published textbooks and procurement renegotiations for books and supplies . we continue to closely monitor the variable costs while maintaining optimal student-teacher ratios . as a percentage of revenue , educational services and facilities expense increased slightly as compared to the prior year primarily due to fixed costs , most notably occupancy costs . general and administrative expense general and administrative expenses have decreased as compared to the prior year mainly due to lower admissions and advertising expenses . admission costs have decreased primarily in salary and related expenses due to headcount reductions made in response to decreasing enrollments as well as transitional schools no longer enrolling new students . the lower advertising expense is substantially related to the transitional schools segment which was partially offset with increased advertising spending within our career schools segments in certain marketing channels to generate additional new student lead volume . in addition , severance and related costs of $ 6.2 million and $ 14.0 million were recorded for the years ended december 31 , 2013 and 2012 , respectively , primarily within general and administrative expense as a result of the reduction in force to reorganize our campus and corporate functions to common operating structures and to better align with the current student enrollment and school closure announcements carried out late 2012 and 2013. administrative expense was negatively impacted by $ 15.5 million and $ 10.5 million of expenses related to the pending settlement and settlement of legal matters , recorded within culinary arts and primarily health education , respectively . the prior year administrative expense included a $ 19.0 million insurance recovery recorded within corporate and other related to the settlement of claims under certain insurance policies . excluding these significant unusual items , administrative expenses declined over $ 48.0 million as compared to the prior year . 63 bad debt expense incurred by each of our segments during the years ended december 31 , 2013 , 2012 and 2011 was as follows ( dollars in thousands ) : replace_table_token_12_th the decrease in bad debt expense is primarily as a result of the decreasing total student enrollments across our segments . within our university segments , bad debt expense as a percent of total revenue increased due to an increased amount of in-school payment plans , resulting from an overall reduction in pell grants available to students as a result of changes in eligibility requirements . goodwill and asset impairment during 2013 , trade name impairment charges were recorded for the le cordon bleu ( $ 13.0 million ) and the sanford-brown ( $ 1.7 million ) trade names . $ 2.7 million of asset impairment charges were recorded for certain long-lived assets to reflect their fair value as of december 31 , 2013. in addition , $ 2.6 million of asset impairment charges related to our campus closure actions were recorded within transitional schools , and $ 2.7 million of asset impairment charges primarily related to decisions to exit certain facilities to optimize existing real estate were recorded . the 2012 goodwill and asset impairment expense of $ 125.5 million consist primarily of $ 41.3 million and $ 40.8 million of goodwill impairment charges recorded within our health education and design & technology reporting units , respectively , $ 28.5 million of asset impairment charges related to our campus closure actions , primarily recorded within transitional schools , and trade name impairments of $ 8.1 million and $ 3.5 million , recorded within culinary arts and health education , respectively . see note 8 property and equipment and note 10 goodwill and other intangible assets of the notes to our consolidated financial statements for additional information . operating loss the $ 214.7 million operating loss for the current year resulted principally from the decline in revenues across all of our segments being partially offset by lower operating expenses . initiatives to align expenses with the declining student enrollment , changes in marketing strategies and implementation of efficiencies in our support functions continue to partially offset the impact of declining revenues and deleveraging of the business . in addition , the $ 26.0 million of expenses related to legal settlements and $ 22.7 million of trade name and asset impairment charges negatively impacted our 2013 operating results . the prior year operating loss of $ 197.0 million included $ 125.5 million of goodwill and asset impairment charges partially offset with an insurance recovery

sources and uses of cash operating cash flows during the years ended december 31 , 2013 and 2012 , net cash flows used in operating activities totaled $ 85.8 million and $ 16.8 million , respectively . 76 our primary source of cash flows from operating activities is tuition collected from our students . our students derive the ability to pay tuition costs through the use of a variety of funding sources , including , among others , federal loan and grant programs , state grant programs , private loans and grants , school payment plans , private and institutional scholarships and cash payments . for the years ended december 31 , 2013 , 2012 and 2011 , approximately 78 % , 80 % , and 83 % , respectively , of our schools ' cash receipts from tuition payments came from title iv program funding . for further discussion of title iv program funding and alternative private loan funding sources for our students , see student financial aid in item 1 , business ,  of this report . our primary uses of cash to support our operating activities include , among other things , cash paid and benefits provided to our employees for services , to vendors for products and services , to lessors for rents and operating costs related to leased facilities , to suppliers for textbooks and other school supplies , and to federal , state and local governments for income and other taxes . during 2013 , we recorded a net gain on sale of $ 123.2 million from the sales of our international segment in the fourth quarter of 2013 ( gain on sale of $ 130.1 million reported within discontinued operations ) and aiu london in the second quarter of 2013 ( loss on sale of $ 6.9 million reported within continuing operations ) . included in the net gain on sale was $ 10.0 million of cumulative translation losses resulting from the effects of foreign currency on the balance sheets of both the international segment schools and aiu london .


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```sources and uses of cash operating cash flows during the years ended december 31 , 2013 and 2012 , net cash flows used in operating activities totaled $ 85.8 million and $ 16.8 million , respectively . 76 our primary source of cash flows from operating activities is tuition collected from our students . our students derive the ability to pay tuition costs through the use of a variety of funding sources , including , among others , federal loan and grant programs , state grant programs , private loans and grants , school payment plans , private and institutional scholarships and cash payments . for the years ended december 31 , 2013 , 2012 and 2011 , approximately 78 % , 80 % , and 83 % , respectively , of our schools ' cash receipts from tuition payments came from title iv program funding . for further discussion of title iv program funding and alternative private loan funding sources for our students , see student financial aid in item 1 , business ,  of this report . our primary uses of cash to support our operating activities include , among other things , cash paid and benefits provided to our employees for services , to vendors for products and services , to lessors for rents and operating costs related to leased facilities , to suppliers for textbooks and other school supplies , and to federal , state and local governments for income and other taxes . during 2013 , we recorded a net gain on sale of $ 123.2 million from the sales of our international segment in the fourth quarter of 2013 ( gain on sale of $ 130.1 million reported within discontinued operations ) and aiu london in the second quarter of 2013 ( loss on sale of $ 6.9 million reported within continuing operations ) . included in the net gain on sale was $ 10.0 million of cumulative translation losses resulting from the effects of foreign currency on the balance sheets of both the international segment schools and aiu london .
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 Suspicious Activity Report : these additional six schools joined our transitional schools segment to be managed through their teach-out date to ensure that students are afforded the reasonable opportunity to complete their course of study before the campuses are ultimately closed . these campuses were selected based on various considerations , including enrollment , financial viability and employment opportunities for graduates in the local market . with these moves , we believe we now have the core campuses upon which we will stabilize our organization and return to growth . we anticipate that we will incur operating losses for all the campuses within the transitional schools segment of approximately $ 70.0 million for the year ending december 31 , 2014 , which includes an estimate for the remaining lease obligations charge that will be recorded once we exit each location . as of december 31 , 2013 , we have 30 campuses within the transitional schools segment , 20 of which are scheduled to complete their teach-out during 2014. the estimated operating losses associated with the 20 campus closures in 2014 is approximately $ 36.0 million , with the losses more heavily weighted in the first half of the year . our university schools group , which includes both ctu and aiu , reported operating income of $ 57.9 million for 2013 while revenue decreased approximately 13 % as compared to the prior year . new student enrollments declined 19 % for 2013 from the prior year and total student enrollment decreased 9 % . we believe that the current state of the economy and the uncertainty surrounding job prospects continues to impact many students ' decision to return to school and incur debt . we continue to analyze and implement operational changes to improve our student intake process , including new marketing campaigns and enhancements to our websites . these efforts are beginning to yield results as we are seeing positive trends in new student enrollments , with 58 year-over-year declines growing smaller as we progressed through 2013. in addition , we are working to expand our pricing strategies with the objective of providing students with varying alternatives to completing their course of studies in an affordable and efficient manner . we are targeting to introduce these expanded offerings during 2014. during 2013 , our career schools reported a 21 % decrease in revenue as compared to the prior year and collectively reported an operating loss of $ 162.2 million . despite the overall operating loss , our career schools continue to show signs of stabilization . overall new student enrollments were down 7 % for 2013 as compared to the prior year . student applications showed positive improvement in all three career schools segments as compared to the prior year and health education 's and design & technology 's student retention rates increased as compared to the prior year . new student enrollments continue to be impacted by challenging market conditions as well as a decline in the effectiveness of our processes to enroll a new student once they have applied to one of our institutions , particularly within our culinary arts segment . we are making progress establishing more effective enrollment processes to address this operational inefficiency . the leadership team within career schools continues to evaluate and focus on new student intake initiatives , new programs and reengineering efforts to make changes to enhance critical operations and academic processes across our career schools . finally , the 2013 results include a $ 72.2 million non-cash charge related to establishing a valuation allowance against a portion of the company 's deferred tax assets . in assessing the need for a valuation allowance , we consider both positive and negative evidence related to the likelihood of realization of the deferred tax assets . if , based on the weight of available evidence , we determine it is more likely than not the deferred tax assets will not be realized within a period of time , we record a valuation allowance . a significant piece of objective negative evidence evaluated is the cumulative loss incurred over the three-year period ended december 31 , 2013. such objective evidence limits the ability to consider other subjective evidence such as our projections for future growth . as a result of our assessment , as of december 31 , 2013 , a valuation allowance of $ 72.2 million has been recorded in order to measure only the portion of the deferred tax asset that more likely than not will be realized . the amount of the deferred tax asset considered realizable , however , could be adjusted if estimates of future taxable income during the carryforward period are reduced or increased , if objective negative evidence in the form of cumulative losses is no longer present and additional weight may be given to subjective evidence such as our projections for growth . we will continue to evaluate our valuation allowance in future years for any change in circumstances that causes a change in judgment about the realizability of the deferred tax asset . legal and regulatory updates during 2013 we made progress in resolving a number of our regulatory and legal concerns . we reached an agreement with the new york attorney general 's office for $ 10.5 million and also settled the shareholder derivative and securities litigation which is expected to be primarily funded through insurance proceeds . on january 24 , 2014 , we accepted a mediator 's proposal to settle multiple individual lawsuits which are part of the vasquez matter and recorded an accrual for $ 15.5 million based on our estimate of the liability . story_separator_special_tag this decline was driven by approximately 25 % fewer students enrolled within our institutions as of the beginning of the year and approximately 22 % fewer new student enrollments across our institutions in 2013 as compared to 2012. excluding the impact of transitional schools , whose revenues were down $ 95.0 million as compared to the prior year , we had approximately 15 % fewer new student enrollments in 2013 when compared to 2012. in addition , our institutions implemented certain operational changes during 2013 that have , in the short-term , negatively impacted our new student enrollments , including certain programs which we had established to enable students to assess their readiness to commit to enrolling in college-level courses . finally , we have experienced certain operational execution issues related to student intake and orientation that have negatively impacted the rate at which students are converted from prospective applicants to new enrollments . the company is actively addressing these issues . we expect , however , that these changes will positively impact student outcomes as enrolled students have more awareness of the tools and rigor of the educational program that they are enrolled in . educational services and facilities expense the decrease in educational services and facilities expense as compared to the prior year is primarily driven by lower academic costs , most notably faculty and bookstore costs . the decrease in faculty and bookstore costs is caused by a combination of factors , including lower student enrollment across all of our institutions , our initiative to implement self-published textbooks and procurement renegotiations for books and supplies . we continue to closely monitor the variable costs while maintaining optimal student-teacher ratios . as a percentage of revenue , educational services and facilities expense increased slightly as compared to the prior year primarily due to fixed costs , most notably occupancy costs . general and administrative expense general and administrative expenses have decreased as compared to the prior year mainly due to lower admissions and advertising expenses . admission costs have decreased primarily in salary and related expenses due to headcount reductions made in response to decreasing enrollments as well as transitional schools no longer enrolling new students . the lower advertising expense is substantially related to the transitional schools segment which was partially offset with increased advertising spending within our career schools segments in certain marketing channels to generate additional new student lead volume . in addition , severance and related costs of $ 6.2 million and $ 14.0 million were recorded for the years ended december 31 , 2013 and 2012 , respectively , primarily within general and administrative expense as a result of the reduction in force to reorganize our campus and corporate functions to common operating structures and to better align with the current student enrollment and school closure announcements carried out late 2012 and 2013. administrative expense was negatively impacted by $ 15.5 million and $ 10.5 million of expenses related to the pending settlement and settlement of legal matters , recorded within culinary arts and primarily health education , respectively . the prior year administrative expense included a $ 19.0 million insurance recovery recorded within corporate and other related to the settlement of claims under certain insurance policies . excluding these significant unusual items , administrative expenses declined over $ 48.0 million as compared to the prior year . 63 bad debt expense incurred by each of our segments during the years ended december 31 , 2013 , 2012 and 2011 was as follows ( dollars in thousands ) : replace_table_token_12_th the decrease in bad debt expense is primarily as a result of the decreasing total student enrollments across our segments . within our university segments , bad debt expense as a percent of total revenue increased due to an increased amount of in-school payment plans , resulting from an overall reduction in pell grants available to students as a result of changes in eligibility requirements . goodwill and asset impairment during 2013 , trade name impairment charges were recorded for the le cordon bleu ( $ 13.0 million ) and the sanford-brown ( $ 1.7 million ) trade names . $ 2.7 million of asset impairment charges were recorded for certain long-lived assets to reflect their fair value as of december 31 , 2013. in addition , $ 2.6 million of asset impairment charges related to our campus closure actions were recorded within transitional schools , and $ 2.7 million of asset impairment charges primarily related to decisions to exit certain facilities to optimize existing real estate were recorded . the 2012 goodwill and asset impairment expense of $ 125.5 million consist primarily of $ 41.3 million and $ 40.8 million of goodwill impairment charges recorded within our health education and design & technology reporting units , respectively , $ 28.5 million of asset impairment charges related to our campus closure actions , primarily recorded within transitional schools , and trade name impairments of $ 8.1 million and $ 3.5 million , recorded within culinary arts and health education , respectively . see note 8 property and equipment and note 10 goodwill and other intangible assets of the notes to our consolidated financial statements for additional information . operating loss the $ 214.7 million operating loss for the current year resulted principally from the decline in revenues across all of our segments being partially offset by lower operating expenses . initiatives to align expenses with the declining student enrollment , changes in marketing strategies and implementation of efficiencies in our support functions continue to partially offset the impact of declining revenues and deleveraging of the business . in addition , the $ 26.0 million of expenses related to legal settlements and $ 22.7 million of trade name and asset impairment charges negatively impacted our 2013 operating results . the prior year operating loss of $ 197.0 million included $ 125.5 million of goodwill and asset impairment charges partially offset with an insurance recovery

