Investments (Tables)

9 Months Ended

Sep. 30, 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 September 30, 2013. The University considered all investments as available for sale.

	As of September 30, 2013
	Adjusted Cost		Gross Unrealized Gains		Gross Unrealized (Losses)			Estimated Fair Value
Municipal securities	$	63,477	$	20	$	(5	)	$	63,492