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Investments (Tables)
 12 Months Ended
Dec. 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 December 31, 2013. The University considered all investments as available for sale.

 

     As of December 31, 2013  
     Adjusted
Cost		      Gross
Unrealized
Gains		      Gross
Unrealized
(Losses)		     Estimated
Fair
Value		  

Municipal securities

    $ 108,393       $ 35       $ (8 )    $ 108,420