Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2012

Cash Flows as Previously Reported and as Changed

The following table presents the University’s consolidated cash flows as previously reported and as changed for the years ended December 31, 2011 and 2010:


	December 31,						December 31,
	2011			2010			2011			2010
	As Reported			As Reported			As Changed			As Changed
Cash flows provided by operating activities:
Restricted cash and cash equivalents		—			—			(9,137	)		(43,706	)
Net cash provided by operating activities		97,099			84,104			87,962			40,398
Cash flows used in investing activities:
Restricted cash and cash equivalents		(3,732	)		(49,666	)		—			—
Restricted funds held for derivative collateral and legal matters		—			—			5,405			(5,960	)
Net cash used in investing activities		(84,277	)		(111,806	)		(75,140	)		(68,100	)

Interest Cost Capitalized and Incurred

Interest cost capitalized and incurred in the years ended December 31, 2012, 2011, and 2010 are as follows:


	Year Ended December 31,
	2012		2011		2010
Interest incurred	$	1,064	$	1,233	$	1,283
Interest capitalized		365		513		394

Interest expense	$	699	$	720	$	889