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Term Loan and Revolving Credit Facility (Details Textual) (USD $) | 1 Months Ended | 12 Months Ended |
--- | --- | --- | ---
Nov. 30, 2012 | Dec. 31, 2012 | Nov. 08, 2012
Term Loan and Revolving Credit Facility (Textual) |  |  |
Maturity date | Dec. 31, 2016 |  |
Debt |  | $ 125,000,000 |
Option to increase commitments under credit facility |  |  | 50,000,000
Term loan facility, quarterly amortization payments, during 2013 |  |  | 781,250
Term loan facility, quarterly amortization payments, during 2014 |  |  | 781,250
Term loan facility, quarterly amortization payments, during 2015 |  |  | 1,562,500
Term loan facility, quarterly amortization payments, during 2016 |  |  | 1,562,500
Quarterly payment percentage of aggregate original principal amount of term loan facility in year one and two |  |  | 0.625%
Quarterly payment percentage of aggregate original principal amount of term loan facility in year three and four |  |  | 1.25%
Cash interest paid |  | 3,800,000 |
Average annual interest rate |  | 4.60% |
Term loan facility, effective percentage |  | 3.10% |
Covenant terms required by credit facility |  | 1) A total leverage ratio of not greater than 2.00:1.00; 2) A coverage ratio of not less than 1.75:1.00; 3) A Department of Education financial composite score of not less than 1.5. |
Maximum total leverage ratio |  |  | 2.00
Minimum coverage ratio |  |  | 1.75
Minimum Department of Education Financial Composite Score |  |  | 1.5
Interest rate swap, fixed rate |  |  | 3.10%
Minimum [Member] |  |  |
Term Loan and Revolving Credit Facility (Textual) |  |  |
Unused commitment fee |  | 0.30% |
Maximum [Member] |  |  |
Term Loan and Revolving Credit Facility (Textual) |  |  |
Unused commitment fee |  | 0.40% |
Letter Of Credit [Member] |  |  |
Term Loan and Revolving Credit Facility (Textual) |  |  |
Maximum borrowing on credit facility |  |  | 50,000,000
LIBOR [Member] | Minimum [Member] |  |  |
Term Loan and Revolving Credit Facility (Textual) |  |  |
Margin rate for interest if using base rate |  | 2.00% |
LIBOR [Member] | Maximum [Member] |  |  |
Term Loan and Revolving Credit Facility (Textual) |  |  |
Margin rate for interest if using base rate |  | 2.50% |
Revolving Credit Facility [Member] |  |  |
Term Loan and Revolving Credit Facility (Textual) |  |  |
Maximum borrowing on credit facility |  |  | 100,000,000
Term Loan Facility [Member] |  |  |
Term Loan and Revolving Credit Facility (Textual) |  |  |
Maximum borrowing on credit facility |  |  | 125,000,000
Debt |  | $ 125,000,000 |

X
- Definition Sum of the carrying values as of the balance sheet date of all debt, including all short-term borrowings, long-term debt. + References No definition available. + Details
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- Definition Maximum leverage ratio to be maintained under credit facility. + References No definition available. + Details
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- Definition Minimum coverage ratio to be maintained under credit facility. + References No definition available. + Details
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- Definition Minimum Department of Education financial composite score to be maintained under credit facility. + References No definition available. + Details
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- Definition The additional amount by which the Company can increase its commitments under the Credit Facility, subject to obtaining additonal loan commitments and the satisfaction of certain conditions. + References No definition available. + Details
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X
- Definition The percentage of the aggregate original principal amount of the term loan facility that is paid quarterly in year one and two. + References No definition available. + Details
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- Definition The percentage of the aggregate original principal amount of the term loan facility that is paid quarterly in year three and four. + References No definition available. + Details
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- Details
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- Definition Term Loan Facility, Quarterly Amortization Payments, year four. + References No definition available. + Details
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- Definition Term Loan Facility, Quarterly Amortization Payments, year one. + References No definition available. + Details
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- Definition Term Loan Facility, Quarterly Amortization Payments, year three. + References No definition available. + Details
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- Definition Term Loan Facility, Quarterly Amortization Payments, year two. + References No definition available. + Details
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- Definition The percentage points added to the reference rate to compute the variable rate on the debt instrument. + References No definition available. + Details
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- Definition Description of the conditions for borrowing under the credit facility including the nature of any restrictions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 129 -Paragraph 2, 4 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 22 -Article 5 + Details
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- Definition Date the credit facility terminates, in CCYY-MM-DD format. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 22 -Article 5 + Details
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- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 129 -Paragraph 2, 4 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 22 -Article 5 + Details
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- Definition The fee, expressed as a percentage of the line of credit facility, for available but unused credit capacity under the credit facility. + References No definition available. + Details
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