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Notes Payable and Other Noncurrent Liabilities (Tables) | 12 Months Ended
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Dec. 31, 2012
Notes Payable | As of December 31, 2012, the University is in compliance with its debt covenants. Under the loan covenant computation as of December 31, 2012, $50,000 is available to be borrowed on the revolving line of credit although none has been drawn as of December 31, 2012.
|  | As of December 31, |
|  | 2012 |  |  | 2011 |
Notes Payable |  |  |  |  |  |  |  |
Note payable, monthly payment of $556; interest at 30 day LIBOR plus 1.75% (1.96% at December 31, 2012) through December 31, 2019 |  | $ | 99,098 |  |  | $ | 20,929 |
Various Gift Annuities; quarterly payments of $34 extending through 2019; interest at 10% |  |  | 602 |  |  |  | 670 |
Notes payable for vehicles requiring monthly payments with interest rates ranging from 8.8% to 11.0% through March 2013 |  |  | 1 |  |  |  | 41 |
|  |  | 99,701 |  |  |  | 21,640 |
Less: Current portion |  |  | 6,601 |  |  |  | 1,739 |
|  | $ | 93,100 |  |  | $ | 19,901 |
Payments Due under Notes Payable | Payments due under the notes payable obligations are as follows as of December 31, 2012:
2013 |  | $ | 6,601 |
2014 |  |  | 6,607 |
2015 |  |  | 6,616 |
2016 |  |  | 6,625 |
2017 |  |  | 6,636 |
Thereafter |  |  | 66,616 |
|  | $ | 99,701 |

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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- Definition Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 + Details
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