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Investments (Tables)
3 Months Ended
Mar. 31, 2013
Investments Debt And Equity Securities [Abstract]  
Summary of Amounts Included in Investments
The following is a summary of amounts included in investments as of March 31, 2013. The University considered all investments as available for sale.

 

     As of March 31, 2013  
     Amortized
Cost
     Gross
Unrealized
Gains
     Gross
Unrealized
(Losses)
    Estimated
Fair
Value
 

Municipal securities

   $ 23,810       $ 1       $ (9   $ 23,802