XML 27 R18.htm IDEA: XBRL DOCUMENT v2.4.0.6
Investment in Courseload, Inc.
3 Months Ended
May 31, 2012
Investment in Courseload, Inc. [Abstract]  
Investment in Courseload, Inc.

Note 10. Investment in Courseload, Inc.

On May 1, 2012, the Company purchased $2.0 million of the preferred stock of Courseload, Inc., a provider of online textbooks and other course material. Emmis can, at its discretion, purchase up to an additional $4.0 million of preferred stock in Courseload, Inc. through November 2012. This investment is accounted for under the cost method as the preferred stock in Courseload, Inc, does not have a readily determinable fair value.