Treasury Stock	3 Months Ended
Mar. 31, 2016
Equity [Abstract]
Treasury Stock	10. Treasury Stock The Board of Directors has authorized the University to repurchase up to $175,000 in aggregate of common stock, from time to time, depending on market conditions and other considerations. The current expiration date on the repurchase authorization is December 31, 2017. Repurchases occur at the University’s discretion. Repurchases may be made in the open market or in privately negotiated transactions, pursuant to the applicable Securities and Exchange Commission rules. The amount and timing of future share repurchases, if any, will be made as market and business conditions warrant. Since its initial approval of the share repurchase plan in 2011, the University has purchased 3,471 shares of common stock at an aggregate cost of $75,000, which includes 396 shares of common stock at an aggregate cost of $14,585 for the three months ended March 31, 2016, which are recorded at cost in the accompanying March 31, 2016 consolidated balance sheet and statement of stockholders’ equity. At March 31, 2016, there remained $100,000 available under its share repurchase authorization. Shares repurchased in lieu of taxes are not included in the repurchase plan totals as they were approved in conjunction with the restricted share awards.

10. Treasury Stock

The Board of Directors has authorized the University to repurchase up to $175,000 in aggregate of common stock, from time to time, depending on market conditions and other considerations. The current expiration date on the repurchase authorization is December 31, 2017. Repurchases occur at the University’s discretion. Repurchases may be made in the open market or in privately negotiated transactions, pursuant to the applicable Securities and Exchange Commission rules. The amount and timing of future share repurchases, if any, will be made as market and business conditions warrant. Since its initial approval of the share repurchase plan in 2011, the University has purchased 3,471 shares of common stock at an aggregate cost of $75,000, which includes 396 shares of common stock at an aggregate cost of $14,585 for the three months ended March 31, 2016, which are recorded at cost in the accompanying March 31, 2016 consolidated balance sheet and statement of stockholders’ equity. At March 31, 2016, there remained $100,000 available under its share repurchase authorization. Shares repurchased in lieu of taxes are not included in the repurchase plan totals as they were approved in conjunction with the restricted share awards.