National American University (NAUH) 10-K 8 Aug 14 2014 FY Annual report Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
In Millions, except Share data, unless otherwise specified	31-May-14	Jul. 31, 2014	Nov. 30, 2013
Document Information [Line Items]	'	'	'
Document Type	'10-K	'	'
Amendment Flag	'false	'	'
Document Period End Date	31-May-14	'	'
Document Fiscal Year Focus	'2014	'	'
Document Fiscal Period Focus	'FY	'	'
Trading Symbol	'NAUH	'	'
Entity Registrant Name	'National American University Holdings, Inc.	'	'
Entity Central Index Key	'0001399855	'	'
Current Fiscal Year End Date	'--05-31	'	'
Entity Well-known Seasoned Issuer	'No	'	'
Entity Current Reporting Status	'Yes	'	'
Entity Voluntary Filers	'No	'	'
Entity Filer Category	'Smaller Reporting Company	'	'
Entity Common Stock, Shares Outstanding	'	25,051,396	'
Entity Public Float	'	'	$32.20

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	31-May-14	31-May-13
In Thousands, unless otherwise specified
CURRENT ASSETS:	'	'
Cash and cash equivalents	$4,154	$11,130
Available for sale investments	15,435	20,748
Student receivables - net of allowance of $1,026 and $870 at May 31, 2014 and 2013, respectively	16,532	3,628
Other receivables	291	722
Income tax receivable	0	122
Deferred income taxes	1,688	1,353
Prepaid and other current assets	2,180	841
Total current assets	40,280	38,544
Total property and equipment-net	43,258	44,944
OTHER ASSETS:	'	'
Condominium inventory	744	1,778
Land held for future development	312	312
Course development - net of accumulated amortization of $2,421 and $2,066 at May 31, 2014 and 2013, respectively	1,000	1,107
Note receivable-tenant improvements	1,308	0
Deposit on property and equipment	200	0
Other	1,355	1,397
Total other assets	4,919	4,594
TOTAL	88,457	88,082
CURRENT LIABILITIES:	'	'
Current portion of capital lease payable	206	66
Accounts payable	3,411	5,403
Dividends payable	1,134	1,004
Student accounts payable	969	1,067
Income tax payable	1,158	0
Deferred income	341	195
Accrued and other liabilities	7,347	6,966
Total current liabilities	14,566	14,701
DEFERRED INCOME TAXES	4,168	5,720
OTHER LONG-TERM LIABILITIES	6,431	6,479
CAPITAL LEASE PAYABLE, NET OF CURRENT PORTION	12,097	10,394
COMMITMENTS AND CONTINGENCIES (Note 15)	'	'
STOCKHOLDERS' EQUITY:	'	'
Common stock, $0.0001 par value (50,000,000 authorized; 28,177,827 issued and 25,117,454 outstanding as of May 31, 2014; 28,090,269 issued and 25,047,086 outstanding as of May 31, 2013)	3	3
Additional paid-in capital	59,191	57,656
Retained earnings	11,573	12,610
Treasury stock, at cost (3,060,373 shares at May 31, 2014 and 3,043,183 shares at May 31, 2013)	-19,423	-19,359
Accumulated other comprehensive (loss) income, net of taxes-unrealized (loss) gain on available for sale securities	-3	7
Total National American University Holdings, Inc. stockholders' equity	51,341	50,917
Non-controlling interest	-146	-129
Total stockholders' equity	51,195	50,788
TOTAL	$88,457	$88,082

CONSOLIDATED_BALANCE_SHEETS_Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	31-May-14	31-May-13
In Thousands, except Share data, unless otherwise specified
Allowance for student receivables	$1,026	$870
Accumulated amortization of course development	$2,421	$2,066
Common stock, par value	$0.00	$0.00
Common stock, shares authorized	50,000,000	50,000,000
Common stock, shares issued	28,177,827	28,090,269
Common stock, shares outstanding	25,117,454	25,047,086
Treasury stock, shares	3,060,373	3,043,183

CONSOLIDATED_STATEMENTS_OF_INC

CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (USD $)	12 Months Ended
In Thousands, except Share data, unless otherwise specified	31-May-14	31-May-13	31-May-12
REVENUE:	'	'	'
Academic revenue	$117,099	$117,609	$109,833
Auxiliary revenue	9,076	10,259	7,992
Rental income - apartments	1,138	1,098	1,069
Condominium sales	440	210	0
Total revenue	127,753	129,176	118,894
OPERATING EXPENSES:	'	'	'
Cost of educational services	29,478	29,188	27,831
Selling, general and administrative	85,286	82,906	77,476
Auxiliary expense	6,236	6,780	4,747
Cost of condominium sales	386	192	0
Loss (gain) on disposition of property	114	100	-320
Total operating expenses	121,500	119,166	109,734
OPERATING INCOME	6,253	10,010	9,160
OTHER INCOME (EXPENSE):	'	'	'
Interest income	142	111	133
Interest expense	-770	-1,044	-594
Other income - net	149	107	121
Total other expense	-479	-826	-340
INCOME BEFORE INCOME TAXES	5,774	9,184	8,820
INCOME TAX EXPENSE	-2,306	-3,698	-3,683
NET INCOME	3,468	5,486	5,137
NET LOSS (INCOME) ATTRIBUTABLE TO NON-CONTROLLING INTEREST	17	-40	-88
NET INCOME ATTRIBUTABLE TO NATIONAL AMERICAN UNIVERSITY HOLDINGS, INC. AND SUBSIDIARIES	3,485	5,446	5,049
OTHER COMPREHENSIVE (LOSS) INCOME, NET OF TAX -	'	'	'
Unrealized losses on investments, net of tax of $1, $19 and $27 for 2014, 2013 and 2012, respectively	-10	-31	-47
Reclassification to earnings of realized losses included in other income-net, net of tax of $0, $(8) and $0 for 2014, 2013 and 2012, respectively	0	13	0
OTHER COMPREHENSIVE LOSS, NET OF TAX	-10	-18	-47
COMPREHENSIVE INCOME ATTRIBUTABLE TO NATIONAL AMERICAN UNIVERSITY HOLDINGS, INC.	$3,475	$5,428	$5,002
Basic net earnings attributable to National American University Holdings, Inc.	$0.14	$0.21	$0.19
Diluted net earnings attributable to National American University Holdings, Inc.	$0.14	$0.21	$0.19
Basic weighted average shares outstanding	25,093,096	25,556,391	26,488,265
Diluted weighted average shares outstanding	25,094,361	25,561,468	26,638,427

CONSOLIDATED_STATEMENTS_OF_INC1

CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (Parenthetical) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	31-May-14	31-May-13	31-May-12
Unrealized losses on investments,tax	$1	$19	$27
Reclassification to earnings of realized losses included in other income-net,tax	$0	($8)	$0

CONSOLIDATED_STATEMENTS_OF_STO

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (USD $)	Total	Common stock	Additional paid-in capital	Retained earnings	Accumulated other comprehensive income (loss)	Treasury stock	Non-controlling interest
In Thousands
Balance at May. 31, 2011	$58,505	$3	$56,643	$9,549	$72	($7,505)	($257)
Purchase of shares common stock for the treasury	-10,084	0	0	0	0	-10,084	0
Share based compensation expense	560	0	560	0	0	0	0
Dividends declared	-3,359	0	0	-3,359	0	0	0
Net income (loss)	5,137	0	0	5,049	0	0	88
Other comprehensive loss, net of tax	-47	0	0	0	-47	0	0
Balance at May. 31, 2012	50,712	3	57,203	11,239	25	-17,589	-169
Purchase of shares common stock for the treasury	-1,770	0	0	0	0	-1,770	0
Share based compensation expense	453	0	453	0	0	0	0
Dividends declared	-4,075	0	0	-4,075	0	0	0
Net income (loss)	5,486	0	0	5,446	0	0	40
Other comprehensive loss, net of tax	-18	0	0	0	-18	0	0
Balance at May. 31, 2013	50,788	3	57,656	12,610	7	-19,359	-129
Purchase of shares common stock for the treasury	-64	0	0	0	0	-64	0
Share based compensation expense	1,535	0	1,535	0	0	0	0
Dividends declared	-4,522	0	0	-4,522	0	0	0
Net income (loss)	3,468	0	0	3,485	0	0	-17
Other comprehensive loss, net of tax	-10	0	0	0	-10	0	0
Balance at May. 31, 2014	$51,195	$3	$59,191	$11,573	($3)	($19,423)	($146)

CONSOLIDATED_STATEMENTS_OF_STO1

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (Parenthetical) (USD $)	12 Months Ended
	31-May-14	31-May-13	31-May-12
Dividends declared, per share	$0.05	$0.04	$0.04
Treasury stock	'	'	'
Number of common shares for treasury	17,190	559,416	1,468,873

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	12 Months Ended
In Thousands, unless otherwise specified	31-May-14	31-May-13	31-May-12
CASH FLOWS FROM OPERATING ACTIVITIES:	'	'	'
Net income	$3,468	$5,486	$5,137
Adjustments to reconcile net income to net cash flows (used in) provided by operating activities:	'	'	'
Depreciation and amortization	6,356	5,650	4,239
Loss (gain) on disposition of property and equipment	114	100	-320
Realized loss on available for sale investments	0	21	0
Provision for uncollectable tuition	3,879	4,479	4,204
Noncash compensation expense	1,535	453	560
Deferred income taxes	-1,881	1,194	2,107
Changes in assets and liabilities:	'	'	'
Accounts and other receivables	-16,383	-5,659	-4,483
Student notes	66	-87	-109
Bookstore inventory	0	6	1,051
Condominium inventory	382	30	-3
Prepaid and other current assets	-1,257	-228	-54
Accounts payable	-1,839	1,112	-142
Deferred income	146	-41	-58
Other long-term liabilities	-48	2,318	128
Income tax receivable/payable	1,280	852	286
Accrued and other liabilities	92	249	314
Net cash flows (used in) provided by operating activities	-4,090	15,935	12,857
CASH FLOWS FROM INVESTING ACTIVITIES:	'	'	'
Purchases of available for sale investments	-36,980	-39,927	-67,993
Proceeds from sale of available for sale investments	42,277	34,046	72,087
Purchases of property and equipment	-4,532	-8,647	-13,205
Proceeds from sale of property and equipment	503	21	430
Course development	-247	-217	-585
Payment of deposit on property and equipment	-200	0	0
Payments received on contract for deed	296	1	0
Payments received on note receivable	641	0	0
Other	-31	-19	-115
Net cash flows provided by (used in) investing activities	1,727	-14,742	-9,381
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'	'
Repayments of capital lease payable	-157	-40	-100
Purchase of treasury stock	-64	-1,770	-10,084
Dividends paid	-4,392	-3,911	-3,350
Net cash flows used in financing activities	-4,613	-5,721	-13,534
NET DECREASE IN CASH AND CASH EQUIVALENTS	-6,976	-4,528	-10,058
CASH AND CASH EQUIVALENTS - Beginning of year	11,130	15,658	25,716
CASH AND CASH EQUIVALENTS - End of year	4,154	11,130	15,658
SUPPLEMENTAL DISCLOSURE OF CASH FLOW AND NON-CASH INFORMATION:	'	'	'
Cash paid for income taxes	2,907	1,653	1,289
Cash paid for interest	787	1,045	510
Capital lease additions	'	'	10,600
Tenant improvements on capital lease financed through note receivable	2,000	'	'
Condominium inventory sold under contract for deed	'	162	'
Property and equipment purchases included in accounts payable	419	670	'
Dividends declared at May 31, 2014, 2013 and 2012	$1,134	$1,004	$840

STATEMENT_PRESENTATION_AND_BAS

STATEMENT PRESENTATION AND BASIS OF CONSOLIDATION	12 Months Ended
	31-May-14
STATEMENT PRESENTATION AND BASIS OF CONSOLIDATION	'
	1	STATEMENT PRESENTATION AND BASIS OF CONSOLIDATION
	The accompanying financial statements are presented on a consolidated basis. The accompanying financial statements include the accounts of National American University Holdings, Inc. (the “Company”), its subsidiary, Dlorah, Inc. (“Dlorah”), and its divisions, National American University (“NAU” or the “University”), Fairway Hills, the Fairway Hills Park and Recreational Association, the Park West Owners’ Association, and the Company’s interest in Fairway Hills Section III Partnership (the “Partnership”). The Partnership is 50% owned by Dlorah and 50% owned by individual family members, most of whom are also either direct or indirect stockholders of the Company.
	The Partnership is deemed to be a variable interest entity (“VIE”) under Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 810-10, Consolidation. The Company determines whether it is the primary beneficiary of an entity subject to consolidation based on a qualitative assessment of the purpose and design of the VIE, the risks that the VIE was designed to create and pass along to other entities, the activities of the VIE that most significantly impacts the VIE’s economic performance and which entity could direct those activities. The Company assesses it’s VIE determination with respect to an entity on an ongoing basis and has not identified any additional VIEs in which it holds a significant interest.
	The Company has determined that the Partnership qualifies as a VIE and that the Company is the primary beneficiary of the Partnership. Accordingly, the Company consolidated assets, liabilities, and net income of the Partnership within its consolidated balance sheets and statements of income. As of May 31, 2014 and 2013, the consolidated balance sheets include Partnership assets of $774 and $866, respectively, and Partnership liabilities of $101 and $99, respectively. The consolidated statements of income include Partnership net (loss) income of $(34), $79, and $176 for the years ended May 31, 2014, 2013, and 2012, respectively.
	The accompanying consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”). Throughout the Notes to consolidated financial statements, amounts in tables are in thousands of dollars, except for per share data as otherwise designated. The Company’s fiscal year end is May 31. These financial statements include consideration of subsequent events through issuance. All intercompany transactions and balances have been eliminated.
	Unless the context otherwise requires, the terms “we”, “us”, “our” and the “Company” used throughout this document refer to National American University Holdings, Inc. and its wholly owned subsidiary, Dlorah, Inc., which owns and operates National American University, sometimes referred to as “NAU” or the “University”.
	Estimates — The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts and disclosures reported in the financial statements. On an ongoing basis, the Company evaluates the estimates and assumptions, including those related to bad debts, income taxes and certain accruals. Actual results could differ from those estimates.

NATURE_OF_OPERATIONS

NATURE OF OPERATIONS	12 Months Ended
	31-May-14
NATURE OF OPERATIONS	'
	2	NATURE OF OPERATIONS
	National American University Holdings, Inc., formerly known as Camden Learning Corporation, was incorporated in the State of Delaware on April 10, 2007. On November 23, 2009, Dlorah, Inc. a South Dakota corporation (“Dlorah”), became a wholly-owned subsidiary of the Company pursuant to an Agreement and Plan of Reorganization between the Company and Dlorah.
	The Company’s common stock is listed as NAUH on The NASDAQ Global Market. The Company, through Dlorah, owns and operates National American University. NAU is a regionally accredited, proprietary, multi-campus institution of higher learning, offering associate, bachelors, masters and doctoral degree programs in business-related disciplines, such as accounting, applied management, business administration and information technology, and in healthcare-related disciplines, such as nursing and healthcare management. In addition, in August 2013, NAU was approved by the Higher Learning Commission to offer an Education Doctorate (Ed.D) in Community College Leadership, which will be offered in Austin, Texas. Courses are offered through educational sites and online. Operations include educational sites (two of which are pending regulatory approvals – Houston, Texas and the Roueche Graduate Center in Austin, Texas) located in Colorado, Indiana, Kansas, Minnesota, Missouri, Nebraska, New Mexico, Oklahoma, Oregon, South Dakota and Texas; distance learning service centers in Indiana and Texas; and distance learning operations and central administration offices in Rapid City, South Dakota. A substantial portion of NAU’s academic income is dependent upon federal student financial aid programs, employer tuition assistance, and contracts to provide online course development, hosting and technical assistance to other educational institutions. To maintain eligibility for financial aid programs, NAU must comply with U.S. Department of Education requirements, including the maintenance of certain financial ratios.
	The Company, through Dlorah’s Fairway Hills real estate division, also manages apartment units and develops and sells multi-family residential real estate in the Rapid City, South Dakota area.
	Approximately 92%, 91% and 92% of the Company’s total revenues for the years ended May 31, 2014, 2013 and 2012, respectively were derived from NAU’s academic revenue.

SUMMARY_OF_SIGNIFICANT_ACCOUNT

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	31-May-14
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	'
	3	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	Cash and Cash Equivalents — The Company considers all highly liquid debt instruments with original maturities of three months or less to be cash equivalents. Cash is held in bank accounts that periodically exceed insured limits; however, no losses have occurred, and the Company feels the risk of loss is not significant.
	Investments — The Company’s investments consist of government-backed bonds and certificates of deposit. These securities are classified as “available-for-sale.” Available-for-sale securities represent securities carried at fair value in the consolidated balance sheets. Certain of the Company’s certificates of deposit have maturity dates greater than one year. However, these certificates of deposit can be accessed at any time and are convertible to cash on demand. As such, the Company has classified these amounts as current assets in the consolidated balance sheets. Unrealized gains and losses deemed to be temporary are reported net of taxes and included in other comprehensive income within stockholders’ equity. Realized gains and losses and declines in value deemed to be other-than-temporary on available-for-sale securities are included in other income – net in the consolidated statements of income. Fair value of the securities is based upon quoted market prices in active markets or estimated fair value when quoted market prices are not available. The cost basis for realized gains and losses on available-for-sale securities is determined on a specific identification basis. Proceeds from the sale or call of investments totaled $42,277, $34,046 and $72,087 for the years ended May 31, 2014, 2013 and 2012, respectively. The net realized gains and losses on sales of investments totaled $0, $21, and $0 for the years ended May 31, 2014, 2013 and 2012, respectively.
	The Company’s investments were comprised of the following at May 31:
			2014											2013
			Amortized			Gross			Gross			Fair		Amortized		Gross		Gross		Fair
			Cost			Unrealized			Unrealized			Value		Cost		Unrealized		Unrealized		Value
						Holding			Holding							Holding		Holding
						Gains			Losses							Gains		Losses
	U.S. Treasury debt securities		$	11,995		$	—		$	—		$	11,995	$	18,307	$	8	$	—	$	18,315
	Certificates of deposit			3,445			1			(6	)		3,440		2,430		3		—		2,433
	Total		$	15,440		$	1		$	(6	)	$	15,435	$	20,737	$	11	$	—	$	20,748
	Declines in the fair value of individual securities classified as available-for-sale below their amortized cost that are determined to be other than temporary result in write-downs of the individual securities to their fair value, with the resulting write-downs included in current earnings as realized losses. Unrealized losses that may occur are generally due to changes in interest rates and, as such, are considered by the Company to be temporary. Management evaluates securities for other-than-temporary impairment on at least a quarterly basis, and more frequently when economic or market concerns warrant such evaluation. Consideration is given to (1) length of time and the extent to which the fair value has been less than cost, (2) the financial condition and near-term prospects of the issuer, and (3) the intent and ability of the Company to retain its investments in the issuer for a period of time sufficient to allow for any anticipated recovery in fair value.
	Student Receivables — Student receivables are recorded at estimated net realizable value and are revised periodically based on estimated future collections. Interest and service charges are applied to all past due student receivables; however, collections are first applied to principal balances until such time that the entire principal balance has been received. Student accounts are charged off only when reasonable collection means are exhausted. The University has determined that most accounts with an outstanding balance of 180 days after the start of the term are uncollectable. Bad debt expense is included in selling, general and administrative cost on the consolidated statements of income.
	Other Receivables — Other receivables consist of institutional, which are amounts due from other educational institutions to which the University provides instruction and course materials, and are stated at net realizable value.
	Note Receivable — Note receivable is stated at the unpaid principal balance. Payments not received in accordance with the terms of the note agreement are considered past due. All amounts are current at May 31, 2014. Based on current payment status and an evaluation of the borrower’s ability to make future payments, management has determined no allowance for uncollectible amounts is necessary and no impairment exists.
	Interest income is recognized over the term of the note and is calculated using the simple-interest method at a rate of 6% on principal balances outstanding. The note receivable will be placed on non-accrual status if management believes the loan is impaired or collection of interest is doubtful. Uncollected interest previously accrued would be charged-off, and interest income would be recognized only to the extent cash payments are received.
	Property and Equipment — Property and equipment are stated at cost. Renewals and improvements are capitalized, while repairs and maintenance are expensed when incurred. Upon the retirement, sale or disposition of assets, costs and related accumulated depreciation are eliminated from the accounts and any gain or loss is reflected in operating income. For financial statement purposes, depreciation includes the depreciation of the capital lease obligation in the amount of $530, $530 and $309 for the fiscal years 2014, 2013 and 2012, respectively. Total depreciation expense was $6,356, $5,650, and $4,239 for the fiscal years 2014, 2013, and 2012, respectively. Depreciation is computed using the straight-line method over the following estimated useful lives:
			Years
	Buildings and building improvements			19–40
	Land improvements			10–20
	Furniture, vehicles, and equipment			5–15
	For tax purposes, depreciation is computed using the straight-line and accelerated methods.
	Property and equipment — net consists of the following as of May 31 (in thousands):
			2014			2013
	Land		$	565		$	659
	Land improvements			374			374
	Buildings and building improvements			45,778			45,843
	Furniture, vehicles, and equipment			28,293			25,443
	Total gross property and equipment			75,010			72,319
	Less accumulated depreciation			(31,752	)		(27,375	)
	Total net property and equipment		$	43,258		$	44,944
	Capitalized Course Development Costs — The University internally develops curriculum and electronic instructional materials for certain courses. The curriculum is primarily developed by employees and contractors. The curriculum is integral to the learning system. Customers do not acquire the curriculum or future rights to it.
	The Company capitalizes course development costs. Costs that qualify for capitalization are external direct costs, payroll, and payroll-related costs. Costs related to general and administrative functions are not capitalizable and are expensed as incurred. Capitalization ends at such time that the course and/or material is available for general use by faculty and students. After becoming available for general use, the costs are amortized on a course-by-course basis over a period of three to five years. After the amortization period commences, the cost of maintenance and support is expensed as incurred. If it is determined that the curriculum will not be used, the capitalized curriculum costs are written off and expensed in the period of this determination.
	Condominium Inventory — Condominium inventory is stated at cost (including capitalized interest). Condominium construction costs are accumulated on a specific identification basis. Under the specific identification basis, cost of revenues includes all applicable land acquisition, land development and specific construction costs (including direct and indirect costs) of each condominium paid to third parties. Land acquisition, land development and condominium construction costs do not include employee related benefit costs. The specific construction and allocated land costs of each condominium, including models, are included in direct construction. Allocated land acquisition and development costs are estimated based on the total costs expected in a project. Direct construction also includes amounts paid through the closing date of the condominium for construction materials and contractor costs. Condominium inventory is recorded as a long term asset due to the normal operating cycle being greater than one year.
	Impairment of Long-Lived Assets — Long-lived assets are reviewed for impairment when circumstances indicate the carrying value of an asset may not be recoverable. For assets that are to be held and used, an impairment loss is recognized when the estimated undiscounted cash flows associated with the asset or group of assets is less than their carrying value. If impairment exists, an adjustment is made to write the asset down to its fair value, and a loss is recorded as the difference between the carrying value and fair value. Fair values are determined based on quoted market values, discounted cash flows, or internal and external appraisals, as applicable. Assets to be held for sale are carried at the lower of carrying value or fair value, less cost to sell. The Company had no impairments in 2014, 2013, or 2012.
	Deferred Income Taxes — Deferred income taxes are provided using the asset and liability method whereby deferred tax assets and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the carrying amount of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes.
	Non-Controlling Interest — The non-controlling interest presented on the consolidated statements of income represents the individual owners’ share of the Partnership’s income or loss. The consolidated balance sheet amount “Non-controlling interest” represents the individual owners’ share of the Partnership obligations in excess of Partnership assets. The Company has determined the non-controlling owners to have a legal obligation to fund such deficits and believes it is fully collectable at May 31, 2014.
	Leases — Leases in which the risk of ownership is retained by the lessor are classified as operating leases. Leases which substantially transfer all of the benefits and risks inherent in ownership to the lessee are classified as capital leases. Assets acquired under capital leases are depreciated on the same basis as property, plant and equipment. Leasehold improvements are depreciated over the depreciable lives of the corresponding fixed asset or the related lease term, whichever is shorter.
	Academic Revenue Recognition — Academic revenue represents tuition revenue and the revenue generated through NAU’s teaching relationships with other non-related party institutions. Tuition revenue and affiliate revenue is recorded ratably over the length of respective courses. Academic revenue also includes certain fees and charges assessed at the start of each term. The portion of tuition and registration fees payments received but not earned is recorded as student accounts payable or deferred income and reflected as a current liability on the consolidated balance sheets, as such amount represents deposits due back to students or revenue that the Company expects to earn within the next year. Academic revenue is reported net of adjustments for refunds and scholarships. If a student withdraws prior to the completion of the academic term, students are refunded the portion of tuition and registration fees already paid, that pursuant to the Company’s refund policy and applicable federal and state law and accrediting agency standards, the Company is not entitled to. Refunds and scholarships are recorded during the respective terms.
	Auxiliary Revenue — Auxiliary revenue represents revenues from the University’s bookstore operations. Revenue is recognized as items are sold and is recorded net of any applicable sales tax.
	Rental Income — Rental income is primarily obtained from tenants of three apartment complexes under short-term operating leases. Tenants are required to pay rent on a monthly basis. Rent not paid by the end of the month is considered past due, while significant amounts paid in advance are included in deferred income on the consolidated balance sheets. If a tenant becomes 60 days past due, eviction procedures are started.
	Rental Expense — The University accounts for rent expense under its long-term operating leases using the straight-line method. Certain of the University’s operating leases contain rent escalator provisions. Accordingly, a $6,431 and $6,479, deferred rent and tenant improvement liability at May 31, 2014 and 2013, respectively, is recorded in other long-term liabilities on the consolidated balance sheets.
	Advertising — The University follows the policy of expensing the cost of advertising as incurred. Advertising costs of $12,077, $12,390 and $16,000 for 2014, 2013 and 2012, respectively, are generally included in selling, general, and administrative expenses on the consolidated statements of income.

RECENTLY_ADOPTED_AND_NEW_ACCOU

RECENTLY ADOPTED AND NEW ACCOUNTING PRONOUNCEMENTS	12 Months Ended
	31-May-14
RECENTLY ADOPTED AND NEW ACCOUNTING PRONOUNCEMENTS	'
	4	RECENTLY ADOPTED AND NEW ACCOUNTING PRONOUNCEMENTS
	In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standard Update (ASU) No. 2014-09, Revenue from Contracts with Customers (Topic 606), which removes inconsistencies and weaknesses in revenue requirements, provides a more robust framework for addressing revenue issues, improves comparability of revenue recognition practices across entities, provides more useful information to users of financial statements through improved disclosure requirements, and simplifies the preparation of financial statements by reducing the number of requirements to which an entity must refer. The ASU outlines five steps to achieve proper revenue recognition: identify the contract with the customer, identify the performance obligations in the contract, determine the transaction price, allocate the transaction price to the performance obligations in the contract, and recognize revenue when (or as) the entity satisfies the performance obligation. This standard is effective for public entities for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period. This standard will be effective for the Company’s fiscal year 2018 in the first quarter ending August 31, 2017. The Company is currently evaluating the impact implementation will have on the financial statements.

DEPARTMENT_OF_EDUCATION_REQUIR

DEPARTMENT OF EDUCATION REQUIREMENTS	12 Months Ended
	31-May-14
DEPARTMENT OF EDUCATION REQUIREMENTS	'
	5	DEPARTMENT OF EDUCATION REQUIREMENTS
	The University extends unsecured credit to a portion of the students who are enrolled throughout the campuses for tuition and other educational costs. A substantial portion of credit extended to students is repaid through the students’ participation in various federal financial aid programs authorized by Title IV Higher Education Act of 1965, as amended (the “Higher Education Act”). The University is required under 34 CFR 600.5(d) to maintain at least 10% of its revenues (calculated on a cash basis) from non-Title IV program funds. The University believes they are in compliance with this requirement for the years ended May 31, 2014, 2013 and 2012, as shown in the underlying calculation:
			2014				2013				2012
	Title IV HEA funds received		$	107,333			$	104,763			$	89,390
	Academic revenue (cash basis)		$	120,169	0.32	%	$	116,745	0.74	%	$	105,577	.67	%
	To participate in Title IV Programs, a school must be authorized to offer its programs of instruction by relevant state education agencies, be accredited by an accrediting commission recognized by the U.S. Department of Education (the “Department of Education”), and be certified as an eligible institution by the Department of Education. For this reason, educational institutions are subject to extensive regulatory requirements imposed by all of these entities. After an educational institution receives the required certifications by the appropriate entities, the educational institution must demonstrate compliance with the Department of Education’s regulations pertaining to Title IV Programs on an ongoing basis. Included in these regulations is the requirement that the Company must satisfy specific standards of financial responsibility.
	The Department of Education evaluates educational institutions for compliance with these standards each year, based upon an educational institution’s annual audited financial statements, as well as following any changes in ownership. Under regulations which took effect July 1, 1998, the Department of Education calculates an educational institution’s composite score for financial responsibility based on its (i) equity ratio, which measures the educational institution’s capital resources, ability to borrow and financial viability; (ii) primary reserve ratio, which measures the educational institution’s ability to support current operations from expendable resources; and (iii) net income ratio, which measures the educational institution’s ability to operate at a profit. This composite score can range from -1 to +3.
	An educational institution that does not meet the Department of Education’s minimum composite score requirements of 1.5 may establish its financial responsibility by posting a letter of credit or complying with additional monitoring procedures as defined by the Department of Education. Based on the consolidated financial statements for the 2014, 2013 and 2012 fiscal years, the University’s calculations result in a composite score of 2.3, 2.4, and 2.7, respectively. Therefore the University currently meets the minimum composite score requirement as most recently required by the Department of Education.
	The University’s current certification to participate in the Title IV programs, which is not provisional, was effective in June 2013 and extends through March 31, 2019.

CONDOMINIUM_PROJECT

CONDOMINIUM PROJECT	12 Months Ended
	31-May-14
CONDOMINIUM PROJECT	'
	6	CONDOMINIUM PROJECT
	The Company owns 24 condominium units to be sold to the general public. These condominium units are accounted for within condominium inventory within the consolidated balance sheets, and the sales of the condominium units are recorded within condominium sales within the consolidated statements of income. Twelve units have been sold as of May 31, 2014. The unit sold in March 2013 was sold under a financing arrangement. The contract calls for interest at 3% and requires monthly payments of $0.9 through March 1, 2018, at which time all remaining principal will be due in full. The outstanding balance of $154 and $161 at May 31, 2014 and 2013, respectively, is recognized as other current assets of $6 and $6 and other long-term assets of $148 and $155 in the consolidated balance sheets. No amounts are past due based on contractual terms at May 31, 2014. Future minimum receipts under this contract are as follows:
	2015		$	6
	2016			6
	2017			7
	2018			135
			$	154

CONTRACT_FOR_DEED

CONTRACT FOR DEED	12 Months Ended
	31-May-14
CONTRACT FOR DEED	'
	7	CONTRACT FOR DEED
	The Company signed a contract for deed on its former Rapid City campus located at 321 Kansas City Street on March 28, 2013 for $4,000 (see Note 9 for capital lease on new campus). Of this sales price, $20 was received as a down payment. On July 8, 2013, the Company received $760 as payment on the contract for deed, to include $10 in interest and $500 toward the release of a lien on the dormitory buildings included in the campus property. As such, the dormitory buildings and land were deemed sold, resulting in a gain of $97. The remaining cash received of $250 is considered a non-refundable deposit at May 31, 2014. The remaining $3,230 is being financed by the Company for three years at 5% interest. Annual interest payments are due each December 31. No principle payments are required until the expiration of the contract’s three-year term; however, any such payments received may result in removal of the lien on certain buildings included in the campus property.
	Because the buyer’s initial and continuing investment is not adequate in accordance with ASC 360-20-40, and the note receivable is not supported by specific evidence of collectability, the sale has not met the accounting requirements to be considered consummated. As such, the property remains on the consolidated balance sheets and continues to be depreciated because the asset has not met the held for sale criteria, the note receivable has not been recorded, and interest income will be recognized as received. The sale will be recorded at such time the uncertainties surrounding the transaction are removed. For federal income tax purposes, the sale has been recognized. A portion of the taxable gain was due for the year ended May 31, 2013, and the remaining portion will be payable as cash is received under the installment method.
	As part of the contract for deed, the University is leasing back the Animal Health building for $7 per month under a long-term lease agreement beginning June 1, 2013. The building is not considered a significant portion of the property sold. All rent due to the buyer will offset interest income payments due under the contract for deed.

LINES_OF_CREDIT

LINES OF CREDIT	12 Months Ended
	31-May-14
LINES OF CREDIT	'
	8	LINES OF CREDIT
	The University maintains a $3,000 unsecured revolving line of credit with Great Western Bank that is subject to annual renewals and currently matures on May 31, 2015. Advances under the line bear interest at prime (3.25% at May 31, 2014). No advances had been made on this line of credit in 2013 or 2014.

LEASES

LEASES	12 Months Ended
	31-May-14
LEASES	'
	9	LEASES
	The University leases building facilities for branch operations and equipment for classroom operations under operating leases with various terms and conditions. Total rent expense for the years ended May 31, 2014, 2013 and 2012, was $6,025, $5,429 and $5,032, respectively.
	Future minimum lease payments on non-cancelable operating leases for the five years ending May 31 are as follows:
	2015		$	5,739
	2016			5,617
	2017			5,316
	2018			5,303
	2019			5,387
	Thereafter			15,764
	As part of ongoing operations, the Company entered into a capital lease arrangement for additional space that houses the Corporate headquarters, distance learning operations, and the new Rapid City campus operations (see Note 7 for sale of old campus). During the quarter ended November 30, 2013, the Company increased its capital lease obligation by $2,000 to account for tenant improvements. The Company initially paid for the improvements; however, during the quarter, an agreement was entered into with the lessor to reimburse the Company under the terms of a $2,000 note receivable. The note receivable requires monthly payments of $14 at 6%. Such payments will directly offset the monthly payments to the lessor under the capital lease obligation. During the year ended May 31, 2014, the Company received $641 on the note receivable.
	The Company is obligated to make future payments under the capital lease obligation, which totaled $24.5 million, had a net present value of $12.3 million as of May 31, 2014, and was recognized as current and non-current capital lease payable of $206 and $12,097 at May 31, 2014 and $66 and $10,394 at May 31, 2013, respectively. The asset totals $10,600, and accumulated depreciation totals $1,369, $839 and $309 at May 31, 2014, 2013 and 2012, respectively. The net amount is included in net property and equipment in the consolidated balance sheets.
	The following is a schedule of future minimum commitments under the revised capital lease obligation as of May 31, 2014:
	2015		$	1,092
	2016			1,115
	2017			1,137
	2018			1,159
	2019			1,183
	Thereafter			16,809
	Total future minimum lease obligation		$	22,495
	Less: Imputed interest on capital leases			(10,192	)
	Net present value of lease obligations		$	12,303

STOCKHOLDERS_EQUITY

STOCKHOLDERS' EQUITY	12 Months Ended
	31-May-14
STOCKHOLDERS' EQUITY	'
	10	STOCKHOLDERS’ EQUITY
	The authorized capital stock for the Company is 51,000,000, consisting of (i) 50,000,000 shares of common stock, par value $0.0001 and (ii) 1,000,000 shares of preferred stock, par value $0.0001, and (iii) 100,000 shares of class A common stock, par value $0.0001. Of the authorized shares, 25,117,454 and 25,047,086 shares of common stock were outstanding as of May 31, 2014 and 2013, respectively. No shares of preferred stock were outstanding.
	On May 10, 2013, the Company’s Board of Directors authorized the repurchase of its outstanding common stock in a privately negotiated transaction. 550,000 shares were repurchased for $3.15 per share.
	Other common stock repurchases during the years ended May 31, 2013 were done in the ordinary course of business. There were no common stock repurchases during the year ended May 31, 2014 and $64 of additions to treasury shares resulting from the settlement of stock based compensation.
	Stock-Based Compensation
	In December 2009, the Company adopted the 2009 Stock Option and Compensation Plan (the “Plan”) pursuant to which the Company may grant restricted stock awards, restricted stock units and stock options to aid in recruiting and retaining employees, officers, directors and other consultants. Restricted stock awards accrue dividends that are paid when the shares vest. Restricted stock unit awards do not accrue dividends prior to vesting. Grants are issued at prices determined by the compensation committee, generally equal to the closing price of the stock on the date of the grant, vest over various terms (generally three years), and expire ten years from the date of the grant. The Plan allows vesting based upon performance criteria. Certain option and share awards provide for accelerated vesting if there is a change in control of the Company (as defined in the Plan). The fair value of stock options granted is calculated using the Black-Scholes option pricing model. Share options issued under the Plan may be incentive stock options or nonqualified stock options. At May 31, 2014, all stock options issued have been nonqualified stock options. A total of 1,300,000 shares were authorized by the Plan. Shares forfeited or canceled are eligible for reissuance under the Plan. At May 31, 2014, 801,629 shares of common stock remain available for issuance under the Plan.
	In April 2013, the Company’s Board of Directors recommended shareholder approval, and approval was obtained at the October 2013 Shareholder Meeting, to establish the 2013 Restricted Stock Unit Plan (the “2013 Plan”) authorizing the issuance of up to 750,000 shares of the Company’s stock to participants in the 2013 Plan. The Company may grant restricted stock awards or restricted stock units to aid in recruiting and retaining employees, officers, directors and other consultants. Restricted stock awards accrue dividends that are paid when the shares vest. Restricted stock unit awards do not accrue dividends prior to vesting. Restricted stock grants are issued at prices determined by the compensation committee, generally equal to the closing price of the stock on the date of the grant and vest over various terms. Shares forfeited or canceled are eligible for reissuance under the Plan. At May 31, 2014, 170,000 shares of common stock remain available for issuance under the 2013 Plan.
	Restricted stock
	The fair value of restricted stock awards was calculated using the Company’s stock price as of the associated grant date, and the expense is accrued ratably over the vesting period of the award.
	During the quarter ended August 31, 2013, the Company issued 750,000 restricted stock units (“RSUs”) with performance based vesting under the 2013 Plan. The number of shares to be earned will be determined by the Company’s profitability and other operating metrics during the year ending May 31, 2015. 446,500 RSUs were issued with a grant date of June 1, 2013 and a grant date fair value of $3.78 per share. The total fair value of these RSU’s will be amortized over the two year service period.
	The remaining 303,500 RSUs were issued with a grant date of June 1, 2013 to certain holders of time based vesting stock options who surrendered a like number of stock options in exchange. This grant was accounted for as a modification of the original option awards. The incremental fair value at the time of the exchange of $890, calculated using the restricted stock unit grant date fair value of $3.78 per share, plus the remaining unamortized fair value associated with the options surrendered of $420, will be amortized over the two year service period of the RSUs.
	During the quarter ended November 30, 2013, the Company also awarded 30,729 restricted stock awards with time based vesting at a grant date fair value of $3.54 per share to the members of the board of directors. Shares vest one year from the grant date and require board service for the entire year.
	During the year ended May 31, 2014, 170,000 RSUs granted under the 2013 Plan were cancelled. For the year ended May 31, 2014, no additional restricted shares were issued under the 2013 Plan.
	During the quarter ended August 31, 2012, the Company issued 46,088 RSUs with performance based vesting at a grant date fair value of $4.60 per share. The number of shares to be earned was determined by the Company’s profitability during the year ended May 31, 2013. During the year ended May 31, 2013, the performance criteria required for vesting of 11,869 RSUs was attained; the remaining 34,219 RSUs issued were cancelled.
	During the quarter ended August 31, 2012, the Company also awarded 13,044 restricted stock awards with time based vesting at a grant date fair value of $4.60 per share to the members of the board of directors. Shares vest one year from the grant date and require board service for the entire year. During the quarter ended November 30, 2012, the Company awarded 3,659 restricted stock awards with time based vesting at a grant date fair value of $4.10 per share to director Jeffrey Berzina and cancelled 3,261 restricted stock awards with a grant date fair value of $4.60 per share issued to John Reynolds. Mr. Berzina was elected to the board of directors to replaced Mr. Reynolds who resigned his position.
	Compensation expenses associated with restricted stock awards and restricted stock unit awards, respectively, totaled $82 and $1,170 for the year ended May 31, 2014, totaled $48 and $55 for the year ended May 31, 2013, and $237 and $0 for the year ended May 31, 2012. In addition, federal and state payroll taxes totaling $0, $0, and $140 related to these awards were also included in compensation expense for the years ended May 31, 2014, 2013, and 2012, respectively. At May 31, 2014, unamortized compensation cost of restricted stock and restricted stock unit awards totaled $1,212. The unamortized cost is expected to be recognized over a weighted-average period of 1.0 years as of May 31, 2014.
	A summary of restricted shares activity under the Plan as of May 31, 2014 and 2013, and changes during the year then ended is presented below:
	Restricted Shares		Shares			Weighted Average
						Grant Date Fair
						Value
	Non-vested shares at May 31, 2012			1,416		$	10.59
	Granted			62,791			4.57
	Vested			(13,285	)		5.24
	Forfeited			(37,480	)		4.6
	Non-vested shares at May 31, 2013			13,442		$	4.46
	Granted			477,229			3.76
	Modified			303,500			4.31
	Vested			(16,001	)		4.3
	Forfeited			(170,000	)		3.87
	Non-vested shares at May 31, 2014			608,170		$	4.01
	Stock options
	The Company accounts for stock option-based compensation by estimating the fair value of options granted using a Black-Scholes option valuation model. The Company recognizes the expense for grants of stock options on a straight-line basis in the consolidated statements of income as operating expense based on their fair value over the requisite service period.
	For stock options issued during the years ended May 31, 2014 and 2013, the following assumptions were used to determine fair value:
	Assumptions used:		2013		2012
	Expected term (in years)		5.75		5.99
	Expected volatility		56.14%		61.20%
	Weighted average risk free interest rate		1.92%		0.85%
	Weighted average risk free interest rate range		1.90-1.96%		0.80-0.85%
	Weighted average expected dividend		4.97%		2.87%
	Weighted average expected dividend range		4.91-5.06%		2.87%
	Weighted average fair value		$1.24		$2.01
	Expected volatilities are based on historic volatilities from the traded shares of NAUH. The Company has limited historical data to estimate forfeitures. The expected term of options granted is the safe harbor period. The risk-free interest rate for periods matching the contractual life of the option is based on the U.S. Treasury yield curve in effect at the time of grant. Expected dividend is based on the historic dividend of the Company.
	A summary of option activity under the Plan as of May 31, 2014 and 2013, and changes during the years then ended is presented below:
	Stock Options		Shares			Weighted		Weighted		Aggregate
						average		average		intrinsic
						exercise		remaining		value
						price		contractual
								life (in
								years)
	Outstanding at May 31, 2012			223,950		$	9.92		8.7
	Granted			156,800			4.6
	Exercised			—			—
	Forfeited or canceled			(12,750	)		9.35		—		—
	Outstanding at May 31, 2013			368,000		$	7.67		8.4	$	—
	Exercisable at May 31, 2013			133,031		$	9.58		7.5	$	—
	Outstanding at May 31, 2013			368,000		$	7.67
	Granted			25,000			3.63
	Exercised			—			—
	Modified			(303,500	)		7.46
	Forfeited or canceled			(13,750	)		7.8
	Outstanding at May 31, 2014			75,750		$	7.17		7.6	$	—
	Exercisable at May 31, 2014			49,500		$	9.02		6.5	$	—
	The Company recorded compensation expense for stock options of $22, $275 and $323 for the years ended May 31, 2014, 2013, and 2012, respectively, in the statements of operations. As of May 31, 2014 there was $16 of total unrecognized compensation cost related to unvested stock option based compensation arrangements granted under the Plan. The unamortized cost is expected to be recognized over a weighted-average period of 1.0 years as of May 31, 2014.
The Company plans to issue new shares as settlement of options that are exercised. There were no options exercised during the year ended May 31, 2014 or 2013.
On May 31, 2013, 303,500 options with a weighted average exercise price of $7.46 were surrendered and canceled in exchange for restricted stock units with a grant date of June 1, 2013.
Dividends
The following table presents details of the Company’s fiscal 2014, 2013 and 2012 dividend payments:
Date declared		Record date			Payment date		Per share
29-Aug-11			September 30, 2011			October 7, 2011	$	0.03
4-Nov-11			December 31, 2011			9-Jan-12	$	0.0325
30-Jan-12			30-Mar-12			6-Apr-12	$	0.0325
30-Apr-12			30-Jun-12			9-Jul-12	$	0.0325
27-Aug-12			September 30, 2012			5-Oct-12	$	0.04
29-Oct-12			December 14, 2012			December 28, 2012	$	0.04
28-Jan-13			March 29, 2013			12-Apr-13	$	0.04
29-Apr-13			28-Jun-13			12-Jul-13	$	0.04
26-Aug-13			September 30, 2013			11-Oct-13	$	0.045
28-Oct-13			December 30, 2013			10-Jan-14	$	0.045
25-Jan-14			March 28, 2014			11-Apr-14	$	0.045
7-Apr-14			30-Jun-14			11-Jul-14	$	0.045

EMPLOYEE_COMPENSATION_PLANS

EMPLOYEE COMPENSATION PLANS	12 Months Ended
	31-May-14
EMPLOYEE COMPENSATION PLANS	'
	11	EMPLOYEE COMPENSATION PLANS
	Employee Benefit Plan Payable — The Company sponsors a 401(k) plan for its University employees, which provides for a discretionary match, net of forfeitures, of up to 5%. The University uses certain consistently applied operating ratios to determine contributions. The University’s contributions were $653, $735, and $601 for the years ended May 31, 2014, 2013 and 2012, respectively.
	Compensation Plans — The Company has entered into employment agreements, as amended, with Dr. Ronald Shape, Chief Executive Officer and Dr. Jerry Gallentine, President, that require, among other things, an annual incentive payment as defined in the agreements. The incentive payments are paid in installments each year, are recorded in selling, general and administrative expenses and accrued other liabilities in the consolidated financial statements, and total $197, $451 and $0 for 2014, 2013 and 2012, respectively. In addition, as part of the Chief Executive Officer Compensation plan, $100 annually will be paid in equal monthly installments converted to the Company’s common stock shares based on the closing price on the last day of the month.
	On May 2, 2011, the Company approved a Chief Executive Officer Compensation Plan and a Cabinet Level Officer Compensation Plan, in connection with establishing the overall compensation levels for the executive management team of the Company for the 2012 fiscal year. Each compensation plan has a base salary component, quarterly achievement award component and an annual achievement award component as defined in the agreements. A similar Senior Executive Level Officer Compensation Plan was announced on May 21, 2012 for the 2013 fiscal year, and a Named Executive Officer Compensation Plan was announced on April 29, 2013 for the 2014 fiscal year.

SELFINSURED_HEALTH_INSURANCE

SELF-INSURED HEALTH INSURANCE	12 Months Ended
	31-May-14
SELF-INSURED HEALTH INSURANCE	'
	12	SELF-INSURED HEALTH INSURANCE
	The Company maintains a self-insured health insurance plan for employees. Under this plan, the Company pays a monthly fee to its administrator, as well as claims submitted by its participants. As there generally is a lag between the time a claim is incurred by a participant and the time the claim is submitted, the Company has recorded a liability for outstanding claims of $641 and $611 at May 31, 2014 and 2013, respectively. Such liability is reported with accrued liabilities in the consolidated balance sheets.

INCOME_TAXES

INCOME TAXES	12 Months Ended
	31-May-14
INCOME TAXES	'
	13	INCOME TAXES
	Components of the provision for income taxes for the years ended May 31, 2014, 2013 and 2012, were as follows:
			2014			2013			2012
	Current tax expense:
	Federal		$	3,678		$	2,053		$	1,065
	State			509			451			511
				4,187			2,504			1,576
	Deferred tax expense:
	Federal			(1,740	)		1,105			2,020
	State			(141	)		89			87
				(1,881	)		1,194			2,107
	Total tax expense		$	2,306		$	3,698		$	3,683
	The effective tax rate varies from the statutory federal income tax rate for the following reasons:
			2014			2013			2012
	Statutory			34	%		34	%		34	%
	State income taxes — net of federal benefit			4.2			4.2			3.5
	Permanent differences and other			1.7			2.1			4.7
	Effective income tax rate			39.9	%		40.3	%		42.2	%
	Deferred income taxes reflect the tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Significant components of the Company’s deferred assets (liabilities) as of May 31 were as follows:
			2014			2013
	Deferred income tax assets:
	Account receivable allowances		$	407		$	349
	Bad debt write-offs			384			519
	Other			122			173
	Accrued salaries			1,440			801
	Start up costs			305			334
	Capital lease obligations			4,614			3,923
	Deferred rent			2,378			2,222
	Total deferred income tax assets			9,650			8,321
	Deferred income tax liabilities:
	Fixed assets and course development			(11,587	)		(12,368	)
	Prepaid expenses			(543	)		(316	)
	Other			0			(4	)
	Total deferred income tax liabilities			(12,130	)		(12,688	)
	Net deferred income tax liabilities		$	(2,480	)	$	(4,367	)
	The Company follows the guidance of ASC Topic 740, Income Taxes, Accounting for Uncertainty in Income Taxes – an interpretation of FASB Statement No. 109, which requires that income tax positions must be more likely than not to be sustained based solely on their technical merits in order to be recognized. The Company has recorded no liability for uncertain tax positions. The Company has elected to record interest and penalties from unrecognized tax benefits in the tax provision.
	The Company files income tax returns in the U.S. federal jurisdiction and various states. Because of closure of an Internal Revenue Service examination, the Company is no longer subject to U.S. federal income tax examinations for years before 2010 and, generally, is no longer subject to state and local income tax examinations by tax authorities for years before 2008.

EARNINGS_PER_SHARE

EARNINGS PER SHARE	12 Months Ended
	31-May-14
EARNINGS PER SHARE	'
	14	EARNINGS PER SHARE
	Basic earnings per share (“EPS”) is computed by dividing net income attributable to National American University Holdings, Inc. by the weighted average number of shares of common stock outstanding during the applicable period. Diluted earnings per share reflect the potential dilution that could occur assuming vesting, conversion or exercise of all dilutive unexercised options and restricted stock.
	The following is a reconciliation of the numerator and denominator for the basic and diluted EPS computations:
			For the year ended
			May 31,
			2014		2013		2012
	Numerator:
	Net Income attributable to National American
	University Holdings, Inc		$	3,485		5,446		5,049
	Denominator:
	Weighted average shares outstanding used to compute basic net income per common share			25,093,096		25,556,391		26,488,265
	Incremental shares issuable upon the assumed exercise stock options					—		—
	Incremental shares issuable upon the assumed vesting of restricted shares			1,265		5,077		47,547
	Incremental shares issuable upon the assumed exercise of warrants					—		102,615
	Common shares used to compute diluted net income per share			25,094,361		25,561,468		26,638,427
	Basic net income per common share		$	0.14		0.21		0.19
	Diluted net income per common share		$	0.14		0.21		0.19
	A total of 75,750, 368,000 and 223,950 shares of common stock subject to issuance upon exercise of stock options for the years ended May 31, 2014, 2013 and 2012, respectively, have been excluded from the calculation of diluted EPS as the effect would have been anti-dilutive.

COMMITMENTS_AND_CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	31-May-14
COMMITMENTS AND CONTINGENCIES	'
	15	COMMITMENTS AND CONTINGENCIES
	From time to time, NAU is a party to various claims, lawsuits or other proceedings relating to the conduct of its business. Although the outcome of litigation cannot be predicted with certainty and some claims, lawsuits or other proceedings may be disposed of unfavorably, management believes, based on facts presently known, that the outcome of such legal proceedings and claims, lawsuits or other proceedings will not have a material effect on the Company’s consolidated financial position, cash flows or future results of operations.

RELATEDPARTY_TRANSACTIONS

RELATED-PARTY TRANSACTIONS	12 Months Ended
	31-May-14
RELATED-PARTY TRANSACTIONS	'
	16	RELATED-PARTY TRANSACTIONS
	The Company is required under 34 CFR668.23(d) to disclose all related-party transactions (as defined within the regulation) regardless of materiality to the financial statements. All related-party transactions are intercompany amounts that are eliminated in consolidation.

FAIR_VALUE_MEASUREMENTS

FAIR VALUE MEASUREMENTS	12 Months Ended
	31-May-14
FAIR VALUE MEASUREMENTS	'
	17	FAIR VALUE MEASUREMENTS
	Fair value is defined as the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date.
	Following is a description of each category in the fair value hierarchy and the financial assets and liabilities of the Company that are included in each category at May 31, 2014 and 2013:
	Level 1 – Quoted prices in active markets for identical assets or liabilities. The types of assets and liabilities included in Level 1 are highly liquid and actively traded instruments with quoted market prices.
	Level 2 – Observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. The type of assets and liabilities included in Level 2 are typically either comparable to actively traded securities or contracts or priced with models using observable inputs. Level 2 assets consist of certificates of deposit that are valued at cost, which approximates fair value. Level 2 instruments require more management judgment and subjectivity as compared to Level 1 instruments. For instance:
		•		Determining which instruments are most similar to the instrument being priced requires management to identify a sample of similar securities based on the coupon rates, maturity, issuer, credit rating and instrument type, and subjectively selecting an individual security or multiple securities that are deemed most similar to the security being priced; and
		•		Determining whether a market is considered active requires management judgment.
	Level 3 – Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. The type of assets and liabilities included in Level 3 are those with inputs requiring significant management judgment or estimation. The Company does not have any Level 3 assets or liabilities.
	The following table summarizes certain information for assets and liabilities measured at fair value on a recurring basis:
			Quoted		Other		Unobservable		Fair value
			prices in		observable		inputs (level 3)
			active		inputs
			markets		(level 2)
			(level 1)
	May 31, 2014
	Investments
	CD’s and money market accounts		$	243	$	3,197	$	—	$	3,440
	Money market accounts included in cash equivalents			910		—		—		910
	US treasury bills and notes			11,995		—		—		11,995
	Total assets at fair value		$	13,148	$	3,197	$	—	$	16,345
	May 31, 2013
	Investments
	CD’s and money market accounts		$	243	$	2,190	$	—	$	2,433
	Money market accounts included in cash equivalents			1,616		—		—		1,616
	US treasury bills and notes			18,315		—		—		18,315
	Total assets at fair value		$	20,174	$	2,190	$	—	$	22,364
	Following is a summary of the valuation techniques for assets and liabilities recorded in the consolidated balance sheets at fair value on a recurring basis:
	CD’s and money market accounts: Investments which have closing prices readily available from an active market are used as being representative of fair value. The Company classifies these investments as level 1. Market prices for certain CD’s are obtained from quoted prices for similar assets. The Company classifies these investments as level 2.
	U.S. treasury bills and notes: Closing prices are readily available from active markets and are used as being representative of fair value. The Company classifies these investments as level 1.
	Fair value of financial instruments: The Company’s financial instruments include cash and cash equivalents, CD’s and money market accounts, US treasury bills and notes, receivables, payables, and capital lease payables. The carrying values approximated fair values for cash and cash equivalents, receivables, and payables because of the short term nature of these instruments. CD’s and money market accounts, and treasury bills and notes are recorded at fair values as indicated in the preceding disclosures.

SEGMENT_REPORTING

SEGMENT REPORTING	12 Months Ended
	31-May-14
SEGMENT REPORTING	'
	18	SEGMENT REPORTING
	Operating segments are defined as business areas or lines of an enterprise about which financial information is available and evaluated on a regular basis by the chief operating decision makers, or decision-making groups, in deciding how to allocate capital and other resources to such lines of business.
	The Company operates two operating and reportable segments: NAU and other. The NAU segment contains the revenues and expenses associated with the University operations and the allocated portion of corporate overhead. The other segment contains primarily real estate. These operating segments are divisions of the Company for which separate financial information is available and evaluated regularly by executive management in deciding how to allocate resources and in assessing performance.
	General administrative costs of the Company are allocated to specific divisions of the Company. The following table presents the reportable segment financial information, in thousands:
		For the year ended May, 31									For the year ended May, 31									For the year ended May, 31
		2014									2013									2012
		NAU			Other			Consolidated			NAU			Other			Consolidated			NAU			Other			Consolidated
								Total									Total									Total
	Revenue:
	Academic	$	117,099		$	0		$	117,099		$	117,609		$	0		$	117,609		$	109,833		$	0		$	109,833
	Auxiliary		9,076			0			9,076			10,259			0			10,259			7,992			0			7,992
	Rental income apartments		0			1,138			1,138			0			1,098			1,098			0			1,069			1,069
	Condominium sales		0			440			440			0			210			210			0
	Total revenue		126,175			1,578			127,753			127,868			1,308			129,176			117,825			1,069			118,894
	Operating expenses:
	Cost of educational services		29,478			0			29,478			29,188			0			29,188			27,831			0			27,831
	Selling, general administrative		83,627			1,659			85,286			81,193			1,713			82,906			75,671			1,805			77,476
	Auxiliary		6,236			0			6,236			6,780			0			6,780			4,747			0			4,747
	Cost of condominium sales		0			386			386			0			192			192			0			0			0
	(Gain) loss on disposition of property		211			(97	)		114			33			67			100			40			(360	)		(320	)
	Total operating expenses		119,552			1,948			121,500			117,194			1,972			119,166			108,289			1,445			109,734
	Income (loss) from operations		6,623			(370	)		6,253			10,674			(664	)		10,010			9,536			(376	)		9,160
	Other income (expense):
	Interest inc		54			88			142			98			13			111			133			0			133
	Interest exp		(769	)		(1	)		(770	)		(1,044	)		0			(1,044	)		(594	)		0			(594	)
	Other income—net		0			149			149			(22	)		129			107			0			121			121
	Total other income (expense)		(715	)		236			(479	)		(968	)		142			(826	)		(461	)		121			(340	)
	Income (loss) before taxes	$	5,908		$	(134	)	$	5,774		$	9,706		$	(522	)	$	9,184		$	9,075		$	(255	)	$	8,820
		As of May 31, 2014									As of May 31, 2013									As of May 31, 2012
	Total assets	$	76,383		$	12,074		$	88,457		$	75,115		$	12,967		$	88,082		$	70,404		$	12,694		$	83,098
		For the year ended May 31,									For the year ended May 31,									For the year ended May 31,
		2014									2013									2012
	Expenditures for for long-lived assets	$	3,094		$	1,438		$	4,532		$	8,462		$	235		$	8,697		$	13,025		$	180		$	13,205
	Depreciation & amortization	$	5,765		$	591		$	6,356		$	5,090		$	560		$	5,650		$	3,692		$	547		$	4,239

SUMMARIZED_QUARTERLY_FINANCIAL

SUMMARIZED QUARTERLY FINANCIAL DATA (UNAUDITED)	12 Months Ended
	31-May-14
SUMMARIZED QUARTERLY FINANCIAL DATA (UNAUDITED)	'
	19	SUMMARIZED QUARTERLY FINANCIAL DATA (UNAUDITED)
	The following table sets forth selected unaudited quarterly financial information for the last eight quarters.
			Quarter
			First			Second		Third		Fourth
	Fiscal Year Ended May 31, 2014
	Revenues		$	30,929		$	33,182	$	31,674	$	31,968
	(Loss) income from operations			(362	)		2,315		1,898		2,402
	Net (loss) income			(366	)		1,363		1,127		1,461
	Net (loss) income attributable to NAUH and Subsidiaries			(329	)		1,362		1,117		1,335
	Net (loss) income per share (common):
	Basic			(0.01	)		0.05		0.04		0.05
	Diluted			(0.01	)		0.05		0.04		0.05
	Fiscal Year Ended May 31, 2013
	Revenues		$	29,450		$	34,509	$	32,055	$	33,162
	(Loss) income from operations			(22	)		4,872		2,906		2,254
	Net (loss) income			(151	)		2,865		1,617		1,155
	Net (loss) income attributable to NAUH and Subsidiaries			(164	)		2,865		1,599		1,146
	Net (loss) income per share (common):
	Basic			(0.01	)		0.11		0.06		0.05
	Diluted			(0.01	)		0.11		0.06		0.05

SUBSEQUENT_EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	31-May-14
SUBSEQUENT EVENTS	'
	20	SUBSEQUENT EVENTS
	On June 30, 2014 the landlord of the property located at 5301 S. Highway 16 in Rapid City, SD paid the $1,359 remaining balance of the note receivable (see Note 9) in addition to $14 of interest related to the receivable.
	On July 11, 2014 the contract for deed that we were holding for the property located on Kansas City Street in Rapid City, SD was settled. The proceeds included $3,230 principle and $85 of interest that was offset by $59 of lease-back payments and maintenance expenses related to the long-term operating lease (see note 7).

SUMMARY_OF_SIGNIFICANT_ACCOUNT1

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)

12 Months Ended

31-May-14

Cash and Cash Equivalents

'

Cash and Cash Equivalents — The Company considers all highly liquid debt instruments with original maturities of three months or less to be cash equivalents. Cash is held in bank accounts that periodically exceed insured limits; however, no losses have occurred, and the Company feels the risk of loss is not significant.

Investments

'

Investments — The Company’s investments consist of government-backed bonds and certificates of deposit. These securities are classified as “available-for-sale.” Available-for-sale securities represent securities carried at fair value in the consolidated balance sheets. Certain of the Company’s certificates of deposit have maturity dates greater than one year. However, these certificates of deposit can be accessed at any time and are convertible to cash on demand. As such, the Company has classified these amounts as current assets in the consolidated balance sheets. Unrealized gains and losses deemed to be temporary are reported net of taxes and included in other comprehensive income within stockholders’ equity. Realized gains and losses and declines in value deemed to be other-than-temporary on available-for-sale securities are included in other income – net in the consolidated statements of income. Fair value of the securities is based upon quoted market prices in active markets or estimated fair value when quoted market prices are not available. The cost basis for realized gains and losses on available-for-sale securities is determined on a specific identification basis. Proceeds from the sale or call of investments totaled $42,277, $34,046 and $72,087 for the years ended May 31, 2014, 2013 and 2012, respectively. The net realized gains and losses on sales of investments totaled $0, $21, and $0 for the years ended May 31, 2014, 2013 and 2012, respectively.

The Company’s investments were comprised of the following at May 31:

2014

2013

Amortized

Gross

Gross

Fair

Amortized

Gross

Gross

Fair

Cost

Unrealized

Unrealized

Value

Cost

Unrealized

Unrealized

Value

Holding

Holding

Holding

Holding

Gains

Losses

Gains

Losses

U.S. Treasury debt securities

$

11,995

$

—

$

—

$

11,995

$

18,307

$

8

$

—

$

18,315

Certificates of deposit

3,445

1

(6

)

3,440

2,430

3

—

2,433

Total

$

15,440

$

1

$

(6

)

$

15,435

$

20,737

$

11

$

—

$

20,748

Declines in the fair value of individual securities classified as available-for-sale below their amortized cost that are determined to be other than temporary result in write-downs of the individual securities to their fair value, with the resulting write-downsincluded in current earnings as realized losses. Unrealized losses that may occur are generally due to changes in interest rates and, as such, are considered by the Company to be temporary. Management evaluates securities for other-than-temporaryimpairment on at least a quarterly basis, and more frequently when economic or market concerns warrant such evaluation. Consideration is given to (1) length of time and the extent to which the fair value has been less than cost, (2) the financial condition and near-term prospects of the issuer, and (3) the intent and ability of the Company to retain its investments in the issuer for a period of time sufficient to allow for any anticipated recovery in fair value.

Student Receivables

'

Student Receivables — Student receivables are recorded at estimated net realizable value and are revised periodically based on estimated future collections. Interest and service charges are applied to all past due student receivables; however, collections are first applied to principal balances until such time that the entire principal balance has been received. Student accounts are charged off only when reasonable collection means are exhausted. The University has determined that most accounts with an outstanding balance of 180 days after the start of the term are uncollectable. Bad debt expense is included in selling, general and administrative cost on the consolidated statements of income.

Other Receivables

'

Other Receivables — Other receivables consist of institutional, which are amounts due from other educational institutions to which the University provides instruction and course materials, and are stated at net realizable value.

Note Receivable

'

Note Receivable — Note receivable is stated at the unpaid principal balance. Payments not received in accordance with the terms of the note agreement are considered past due. All amounts are current at May 31, 2014. Based on current payment status and an evaluation of the borrower’s ability to make future payments, management has determined no allowance for uncollectible amounts is necessary and no impairment exists.

Interest income is recognized over the term of the note and is calculated using the simple-interest method at a rate of 6% on principal balances outstanding. The note receivable will be placed on non-accrual status if management believes the loan is impaired or collection of interest is doubtful. Uncollected interest previously accrued would be charged-off, and interest income would be recognized only to the extent cash payments are received.

Property and Equipment

'

Property and Equipment — Property and equipment are stated at cost. Renewals and improvements are capitalized, while repairs and maintenance are expensed when incurred. Upon the retirement, sale or disposition of assets, costs and related accumulated depreciation are eliminated from the accounts and any gain or loss is reflected in operating income. For financial statement purposes, depreciation includes the depreciation of the capital lease obligation in the amount of $530, $530 and $309 for the fiscal years 2014, 2013 and 2012, respectively. Total depreciation expense was $6,356, $5,650, and $4,239 for the fiscal years 2014, 2013, and 2012, respectively. Depreciation is computed using the straight-line method over the following estimated useful lives:

Years

Buildings and building improvements

19–40

Land improvements

10–20

Furniture, vehicles, and equipment

5–15

For tax purposes, depreciation is computed using the straight-line and accelerated methods.

Property and equipment — net consists of the following as of May 31 (in thousands):

2014

2013

Land

$

565

$

659

Land improvements

374

374

Buildings and building improvements

45,778

45,843

Furniture, vehicles, and equipment

28,293

25,443

Total gross property and equipment

75,010

72,319

Less accumulated depreciation

(31,752

)

(27,375

)

Total net property and equipment

$

43,258

$

44,944

Capitalized Course Development Costs

'

Capitalized Course Development Costs — The University internally develops curriculum and electronic instructional materials for certain courses. The curriculum is primarily developed by employees and contractors. The curriculum is integral to the learning system. Customers do not acquire the curriculum or future rights to it.

The Company capitalizes course development costs. Costs that qualify for capitalization are external direct costs, payroll, and payroll-related costs. Costs related to general and administrative functions are not capitalizable and are expensed as incurred. Capitalization ends at such time that the course and/or material is available for general use by faculty and students. After becoming available for general use, the costs are amortized on a course-by-course basis over a period of three to five years. After the amortization period commences, the cost of maintenance and support is expensed as incurred. If it is determined that the curriculum will not be used, the capitalized curriculum costs are written off and expensed in the period of this determination.

Impairment of Long-Lived Assets

'

Impairment of Long-Lived Assets — Long-lived assets are reviewed for impairment when circumstances indicate the carrying value of an asset may not be recoverable. For assets that are to be held and used, an impairment loss is recognized when the estimated undiscounted cash flows associated with the asset or group of assets is less than their carrying value. If impairment exists, an adjustment is made to write the asset down to its fair value, and a loss is recorded as the difference between the carrying value and fair value. Fair values are determined based on quoted market values, discounted cash flows, or internal and external appraisals, as applicable. Assets to be held for sale are carried at the lower of carrying value or fair value, less cost to sell. The Company had no impairments in 2014, 2013, or 2012.

Deferred Income Taxes

'

Deferred Income Taxes — Deferred income taxes are provided using the asset and liability method whereby deferred tax assets and deferred tax liabilities are recognized for taxable temporary differences. Temporary differences are the differences between the carrying amount of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes.

Non-Controlling Interest

'

Non-Controlling Interest — The non-controlling interest presented on the consolidated statements of income represents the individual owners’ share of the Partnership’s income or loss. The consolidated balance sheet amount “Non-controlling interest” represents the individual owners’ share of the Partnership obligations in excess of Partnership assets. The Company has determined the non-controlling owners to have a legal obligation to fund such deficits and believes it is fully collectable at May 31, 2014.

Leases

'

Leases — Leases in which the risk of ownership is retained by the lessor are classified as operating leases. Leases which substantially transfer all of the benefits and risks inherent in ownership to the lessee are classified as capital leases. Assets acquired under capital leases are depreciated on the same basis as property, plant and equipment. Leasehold improvements are depreciated over the depreciable lives of the corresponding fixed asset or the related lease term, whichever is shorter.

Revenue

'

In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standard Update (ASU) No. 2014-09, Revenue from Contracts with Customers (Topic 606), which removes inconsistencies and weaknesses in revenue requirements, provides a more robust framework for addressing revenue issues, improves comparability of revenue recognition practices across entities, provides more useful information to users of financial statements through improved disclosure requirements, and simplifies the preparation of financial statements by reducing the number of requirements to which an entity must refer. The ASU outlines five steps to achieve proper revenue recognition: identify the contract with the customer, identify the performance obligations in the contract, determine the transaction price, allocate the transaction price to the performance obligations in the contract, and recognize revenue when (or as) the entity satisfies the performance obligation. This standard is effective for public entities for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period. This standard will be effective for the Company’s fiscal year 2018 in the first quarter ending August 31, 2017. The Company is currently evaluating the impact implementation will have on the financial statements.

Rental Expense

'

Rental Expense — The University accounts for rent expense under its long-term operating leases using the straight-line method. Certain of the University’s operating leases contain rent escalator provisions. Accordingly, a $6,431 and $6,479, deferred rent and tenant improvement liability at May 31, 2014 and 2013, respectively, is recorded in other long-term liabilities on the consolidated balance sheets.

Advertising

'

Advertising — The University follows the policy of expensing the cost of advertising as incurred. Advertising costs of $12,077, $12,390 and $16,000 for 2014, 2013 and 2012, respectively, are generally included in selling, general, and administrative expenses on the consolidated statements of income.

Condominiums

'

Inventory

'

Condominium Inventory — Condominium inventory is stated at cost (including capitalized interest). Condominium construction costs are accumulated on a specific identification basis. Under the specific identification basis, cost of revenues includes all applicable land acquisition, land development and specific construction costs (including direct and indirect costs) of each condominium paid to third parties. Land acquisition, land development and condominium construction costs do not include employee related benefit costs. The specific construction and allocated land costs of each condominium, including models, are included in direct construction. Allocated land acquisition and development costs are estimated based on the total costs expected in a project. Direct construction also includes amounts paid through the closing date of the condominium for construction materials and contractor costs. Condominium inventory is recorded as a long term asset due to the normal operating cycle being greater than one year.

Academic Revenue

'

Revenue

'

Academic Revenue Recognition — Academic revenue represents tuition revenue and the revenue generated through NAU’s teaching relationships with other non-related party institutions. Tuition revenue and affiliate revenue is recorded ratably over the length of respective courses. Academic revenue also includes certain fees and charges assessed at the start of each term. The portion of tuition and registration fees payments received but not earned is recorded as student accounts payable or deferred income and reflected as a current liability on the consolidated balance sheets, as such amount represents deposits due back to students or revenue that the Company expects to earn within the next year. Academic revenue is reported net of adjustments for refunds and scholarships. If a student withdraws prior to the completion of the academic term, students are refunded the portion of tuition and registration fees already paid, that pursuant to the Company’s refund policy and applicable federal and state law and accrediting agency standards, the Company is not entitled to. Refunds and scholarships are recorded during the respective terms.

Auxiliary Revenue

'

Revenue

'

Auxiliary Revenue — Auxiliary revenue represents revenues from the University’s bookstore operations. Revenue is recognized as items are sold and is recorded net of any applicable sales tax.

Rental Income

'

Rental Income

'

Rental Income — Rental income is primarily obtained from tenants of three apartment complexes under short-term operating leases. Tenants are required to pay rent on a monthly basis. Rent not paid by the end of the month is considered past due, while significant amounts paid in advance are included in deferred income on the consolidated balance sheets. If a tenant becomes 60 days past due, eviction procedures are started.

SUMMARY_OF_SIGNIFICANT_ACCOUNT2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	31-May-14
Investments	'
	The Company’s investments were comprised of the following at May 31:
		2014											2013
		Amortized			Gross			Gross			Fair		Amortized		Gross		Gross		Fair
		Cost			Unrealized			Unrealized			Value		Cost		Unrealized		Unrealized		Value
					Holding			Holding							Holding		Holding
					Gains			Losses							Gains		Losses
	U.S. Treasury debt securities	$	11,995		$	—		$	—		$	11,995	$	18,307	$	8	$	—	$	18,315
	Certificates of deposit		3,445			1			(6	)		3,440		2,430		3		—		2,433
	Total	$	15,440		$	1		$	(6	)	$	15,435	$	20,737	$	11	$	—	$	20,748
Property Plant and Equipment Useful Life	'
	Depreciation is computed using the straight-line method over the following estimated useful lives:
		Years
	Buildings and building improvements		19–40
	Land improvements		10–20
	Furniture, vehicles, and equipment		5–15
Components of Property, Plant and Equipment, Net	'
	Property and equipment — net consists of the following as of May 31 (in thousands):
		2014			2013
	Land	$	565		$	659
	Land improvements		374			374
	Buildings and building improvements		45,778			45,843
	Furniture, vehicles, and equipment		28,293			25,443
	Total gross property and equipment		75,010			72,319
	Less accumulated depreciation		(31,752	)		(27,375	)
	Total net property and equipment	$	43,258		$	44,944

DEPARTMENT_OF_EDUCATION_REQUIR1

DEPARTMENT OF EDUCATION REQUIREMENTS (Tables)	12 Months Ended
	31-May-14
Revenues Source	'
	The University believes they are in compliance with this requirement for the years ended May 31, 2014, 2013 and 2012, as shown in the underlying calculation:
		2014				2013				2012
	Title IV HEA funds received	$	107,333			$	104,763			$	89,390
	Academic revenue (cash basis)	$	120,169	0.32	%	$	116,745	0.74	%	$	105,577	.67	%

CONDOMINIUM_PROJECT_Tables

CONDOMINIUM PROJECT (Tables)	12 Months Ended
	31-May-14
Future Minimum Receipts under Contract	'
	Future minimum receipts under this contract are as follows:
	2015	$	6
	2016		6
	2017		7
	2018		135
		$	154

LEASES_Tables

LEASES (Tables)	12 Months Ended
	31-May-14
Future Minimum Lease Payments on Non-cancelable Operating Leases	'
	Future minimum lease payments on non-cancelable operating leases for the five years ending May 31 are as follows:
	2015	$	5,739
	2016		5,617
	2017		5,316
	2018		5,303
	2019		5,387
	Thereafter		15,764
Schedule of Future Minimum Commitments Under Revised Capital Lease Obligation	'
	The following is a schedule of future minimum commitments under the revised capital lease obligation as of May 31, 2014:
	2015	$	1,092
	2016		1,115
	2017		1,137
	2018		1,159
	2019		1,183
	Thereafter		16,809
	Total future minimum lease obligation	$	22,495
	Less: Imputed interest on capital leases		(10,192	)
	Net present value of lease obligations	$	12,303

STOCKHOLDERS_EQUITY_Tables

STOCKHOLDERS' EQUITY (Tables)	12 Months Ended
	31-May-14
Summary of Restricted Shares Activity	'
	A summary of restricted shares activity under the Plan as of May 31, 2014 and 2013, and changes during the year then ended is presented below:
	Restricted Shares	Shares			Weighted Average
					Grant Date Fair
					Value
	Non-vested shares at May 31, 2012		1,416		$	10.59
	Granted		62,791			4.57
	Vested		(13,285	)		5.24
	Forfeited		(37,480	)		4.6
	Non-vested shares at May 31, 2013		13,442		$	4.46
	Granted		477,229			3.76
	Modified		303,500			4.31
	Vested		(16,001	)		4.3
	Forfeited		(170,000	)		3.87
	Non-vested shares at May 31, 2014		608,170		$	4.01
Summary of Stock Options Issued	'
	For stock options issued during the years ended May 31, 2014 and 2013, the following assumptions were used to determine fair value:
	Assumptions used:	2013		2012
	Expected term (in years)	5.75		5.99
	Expected volatility	56.14%		61.20%
	Weighted average risk free interest rate	1.92%		0.85%
	Weighted average risk free interest rate range	1.90-1.96%		0.80-0.85%
	Weighted average expected dividend	4.97%		2.87%
	Weighted average expected dividend range	4.91-5.06%		2.87%
	Weighted average fair value	$1.24		$2.01
Summary of Option Activity	'
	A summary of option activity under the Plan as of May 31, 2014 and 2013, and changes during the years then ended is presented below:
	Stock Options	Shares			Weighted		Weighted		Aggregate
					average		average		intrinsic
					exercise		remaining		value
					price		contractual
							life (in
							years)
	Outstanding at May 31, 2012		223,950		$	9.92		8.7
	Granted		156,800			4.6
	Exercised		—			—
	Forfeited or canceled		(12,750	)		9.35		—		—
	Outstanding at May 31, 2013		368,000		$	7.67		8.4	$	—
	Exercisable at May 31, 2013		133,031		$	9.58		7.5	$	—
	Outstanding at May 31, 2013		368,000		$	7.67
	Granted		25,000			3.63
	Exercised		—			—
	Modified		(303,500	)		7.46
	Forfeited or canceled		(13,750	)		7.8
	Outstanding at May 31, 2014		75,750		$	7.17		7.6	$	—
	Exercisable at May 31, 2014		49,500		$	9.02		6.5	$	—
Summary of Dividend Payments	'
	The following table presents details of the Company’s fiscal 2014, 2013 and 2012 dividend payments:
	Date declared	Record date			Payment date		Per share
	29-Aug-11		September 30, 2011			October 7, 2011	$	0.03
	4-Nov-11		December 31, 2011			9-Jan-12	$	0.0325
	30-Jan-12		30-Mar-12			6-Apr-12	$	0.0325
	30-Apr-12		30-Jun-12			9-Jul-12	$	0.0325
	27-Aug-12		September 30, 2012			5-Oct-12	$	0.04
	29-Oct-12		December 14, 2012			December 28, 2012	$	0.04
	28-Jan-13		March 29, 2013			12-Apr-13	$	0.04
	29-Apr-13		28-Jun-13			12-Jul-13	$	0.04
	26-Aug-13		September 30, 2013			11-Oct-13	$	0.045
	28-Oct-13		December 30, 2013			10-Jan-14	$	0.045
	25-Jan-14		March 28, 2014			11-Apr-14	$	0.045
	7-Apr-14		30-Jun-14			11-Jul-14	$	0.045

INCOME_TAXES_Tables

INCOME TAXES (Tables)	12 Months Ended
	31-May-14
Components of Provision for Income Taxes	'
	Components of the provision for income taxes for the years ended May 31, 2014, 2013 and 2012, were as follows:
		2014			2013			2012
	Current tax expense:
	Federal	$	3,678		$	2,053		$	1,065
	State		509			451			511
			4,187			2,504			1,576
	Deferred tax expense:
	Federal		(1,740	)		1,105			2,020
	State		(141	)		89			87
			(1,881	)		1,194			2,107
	Total tax expense	$	2,306		$	3,698		$	3,683
Summary of Effective Income Tax Rate	'
	The effective tax rate varies from the statutory federal income tax rate for the following reasons:
		2014			2013			2012
	Statutory		34	%		34	%		34	%
	State income taxes — net of federal benefit		4.2			4.2			3.5
	Permanent differences and other		1.7			2.1			4.7
	Effective income tax rate		39.9	%		40.3	%		42.2	%
Significant Components of Deferred Tax Assets and Liabilities	'
	Significant components of the Company’s deferred assets (liabilities) as of May 31 were as follows:
		2014			2013
	Deferred income tax assets:
	Account receivable allowances	$	407		$	349
	Bad debt write-offs		384			519
	Other		122			173
	Accrued salaries		1,440			801
	Start up costs		305			334
	Capital lease obligations		4,614			3,923
	Deferred rent		2,378			2,222
	Total deferred income tax assets		9,650			8,321
	Deferred income tax liabilities:
	Fixed assets and course development		(11,587	)		(12,368	)
	Prepaid expenses		(543	)		(316	)
	Other		0			(4	)
	Total deferred income tax liabilities		(12,130	)		(12,688	)
	Net deferred income tax liabilities	$	(2,480	)	$	(4,367	)

EARNINGS_PER_SHARE_Tables

EARNINGS PER SHARE (Tables)	12 Months Ended
	31-May-14
Reconciliation of Numerator and Denominator for Basic and Diluted EPS Computations	'
	The following is a reconciliation of the numerator and denominator for the basic and diluted EPS computations:
		For the year ended
		May 31,
		2014		2013		2012
	Numerator:
	Net Income attributable to National American
	University Holdings, Inc	$	3,485		5,446		5,049
	Denominator:
	Weighted average shares outstanding used to compute basic net income per common share		25,093,096		25,556,391		26,488,265
	Incremental shares issuable upon the assumed exercise stock options				—		—
	Incremental shares issuable upon the assumed vesting of restricted shares		1,265		5,077		47,547
	Incremental shares issuable upon the assumed exercise of warrants				—		102,615
	Common shares used to compute diluted net income per share		25,094,361		25,561,468		26,638,427
	Basic net income per common share	$	0.14		0.21		0.19
	Diluted net income per common share	$	0.14		0.21		0.19

FAIR_VALUE_MEASUREMENTS_Tables

FAIR VALUE MEASUREMENTS (Tables)	12 Months Ended
	31-May-14
Summary of Assets and Liabilities Measured at Fair Value on Recurring Basis	'
	The following table summarizes certain information for assets and liabilities measured at fair value on a recurring basis:
		Quoted		Other		Unobservable		Fair value
		prices in		observable		inputs (level 3)
		active		inputs
		markets		(level 2)
		(level 1)
	May 31, 2014
	Investments
	CD’s and money market accounts	$	243	$	3,197	$	—	$	3,440
	Money market accounts included in cash equivalents		910		—		—		910
	US treasury bills and notes		11,995		—		—		11,995
	Total assets at fair value	$	13,148	$	3,197	$	—	$	16,345
	May 31, 2013
	Investments
	CD’s and money market accounts	$	243	$	2,190	$	—	$	2,433
	Money market accounts included in cash equivalents		1,616		—		—		1,616
	US treasury bills and notes		18,315		—		—		18,315
	Total assets at fair value	$	20,174	$	2,190	$	—	$	22,364

SEGMENT_REPORTING_Tables

SEGMENT REPORTING (Tables)	12 Months Ended
	31-May-14
Financial Information of Reportable Segment	'
	The following table presents the reportable segment financial information, in thousands:
		For the year ended May, 31									For the year ended May, 31									For the year ended May, 31
		2014									2013									2012
		NAU			Other			Consolidated			NAU			Other			Consolidated			NAU			Other			Consolidated
								Total									Total									Total
	Revenue:
	Academic	$	117,099		$	0		$	117,099		$	117,609		$	0		$	117,609		$	109,833		$	0		$	109,833
	Auxiliary		9,076			0			9,076			10,259			0			10,259			7,992			0			7,992
	Rental income apartments		0			1,138			1,138			0			1,098			1,098			0			1,069			1,069
	Condominium sales		0			440			440			0			210			210			0
	Total revenue		126,175			1,578			127,753			127,868			1,308			129,176			117,825			1,069			118,894
	Operating expenses:
	Cost of educational services		29,478			0			29,478			29,188			0			29,188			27,831			0			27,831
	Selling, general administrative		83,627			1,659			85,286			81,193			1,713			82,906			75,671			1,805			77,476
	Auxiliary		6,236			0			6,236			6,780			0			6,780			4,747			0			4,747
	Cost of condominium sales		0			386			386			0			192			192			0			0			0
	(Gain) loss on disposition of property		211			(97	)		114			33			67			100			40			(360	)		(320	)
	Total operating expenses		119,552			1,948			121,500			117,194			1,972			119,166			108,289			1,445			109,734
	Income (loss) from operations		6,623			(370	)		6,253			10,674			(664	)		10,010			9,536			(376	)		9,160
	Other income (expense):
	Interest inc		54			88			142			98			13			111			133			0			133
	Interest exp		(769	)		(1	)		(770	)		(1,044	)		0			(1,044	)		(594	)		0			(594	)
	Other income—net		0			149			149			(22	)		129			107			0			121			121
	Total other income (expense)		(715	)		236			(479	)		(968	)		142			(826	)		(461	)		121			(340	)
	Income (loss) before taxes	$	5,908		$	(134	)	$	5,774		$	9,706		$	(522	)	$	9,184		$	9,075		$	(255	)	$	8,820
		As of May 31, 2014									As of May 31, 2013									As of May 31, 2012
	Total assets	$	76,383		$	12,074		$	88,457		$	75,115		$	12,967		$	88,082		$	70,404		$	12,694		$	83,098
		For the year ended May 31,									For the year ended May 31,									For the year ended May 31,
		2014									2013									2012
	Expenditures for for long-lived assets	$	3,094		$	1,438		$	4,532		$	8,462		$	235		$	8,697		$	13,025		$	180		$	13,205
	Depreciation & amortization	$	5,765		$	591		$	6,356		$	5,090		$	560		$	5,650		$	3,692		$	547		$	4,239

SUMMARIZED_QUARTERLY_FINANCIAL1

SUMMARIZED QUARTERLY FINANCIAL DATA (UNAUDITED) (Tables)	12 Months Ended
	31-May-14
Schedule of Quarterly Financial Information	'
	The following table sets forth selected unaudited quarterly financial information for the last eight quarters.
		Quarter
		First			Second		Third		Fourth
	Fiscal Year Ended May 31, 2014
	Revenues	$	30,929		$	33,182	$	31,674	$	31,968
	(Loss) income from operations		(362	)		2,315		1,898		2,402
	Net (loss) income		(366	)		1,363		1,127		1,461
	Net (loss) income attributable to NAUH and Subsidiaries		(329	)		1,362		1,117		1,335
	Net (loss) income per share (common):
	Basic		(0.01	)		0.05		0.04		0.05
	Diluted		(0.01	)		0.05		0.04		0.05
	Fiscal Year Ended May 31, 2013
	Revenues	$	29,450		$	34,509	$	32,055	$	33,162
	(Loss) income from operations		(22	)		4,872		2,906		2,254
	Net (loss) income		(151	)		2,865		1,617		1,155
	Net (loss) income attributable to NAUH and Subsidiaries		(164	)		2,865		1,599		1,146
	Net (loss) income per share (common):
	Basic		(0.01	)		0.11		0.06		0.05
	Diluted		(0.01	)		0.11		0.06		0.05

Recovered_Sheet1

Statement Presentation and Basis of Consolidation - Additional Information (Detail) (USD $)	3 Months Ended								12 Months Ended
In Thousands, unless otherwise specified	31-May-14	Feb. 28, 2014	Nov. 30, 2013	Aug. 31, 2013	31-May-13	Feb. 28, 2013	Nov. 30, 2012	Aug. 31, 2012	31-May-14	31-May-13	31-May-12
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]	'	'	'	'	'	'	'	'	'	'	'
Assets	$88,457	'	'	'	$88,082	'	'	'	$88,457	$88,082	$83,098
Net income (loss)	1,335	1,117	1,362	-329	1,146	1,599	2,865	-164	3,485	5,446	5,049
Variable Interest Entity, Primary Beneficiary	'	'	'	'	'	'	'	'	'	'	'
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]	'	'	'	'	'	'	'	'	'	'	'
Assets	774	'	'	'	866	'	'	'	774	866	'
Liabilities	101	'	'	'	99	'	'	'	101	99	'
Net income (loss)	'	'	'	'	'	'	'	'	($34)	$79	$176
Dlorah	'	'	'	'	'	'	'	'	'	'	'
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]	'	'	'	'	'	'	'	'	'	'	'
Percentage of partnership	50.00%	'	'	'	'	'	'	'	50.00%	'	'
Individual Family Members	'	'	'	'	'	'	'	'	'	'	'
Organization, Consolidation and Presentation of Financial Statements Disclosure [Line Items]	'	'	'	'	'	'	'	'	'	'	'
Percentage of partnership	50.00%	'	'	'	'	'	'	'	50.00%	'	'

Nature_of_Operations_Additiona

Nature of Operations - Additional Information (Detail) (NAU, Revenues)	12 Months Ended
	31-May-14	31-May-13	31-May-12
NAU | Revenues	'	'	'
Nature Of Operations [Line Items]	'	'	'
Total revenues that were derived from NAU's academic revenue	92.00%	91.00%	92.00%

Recovered_Sheet2

Summary of Significant Accounting Policies - Additional Information (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	31-May-14	31-May-13	31-May-12
	Property
Basis of Presentation [Line Items]	'	'	'
Proceeds from sale of available for sale investments	$42,277	$34,046	$72,087
Net realized gains and losses on sales of investments	0	21	0
Accounts receivables outstanding	'180 days	'	'
Notes receivable, interest rate on outstanding balances	6.00%	'	'
Depreciation expense	6,356	5,650	4,239
Impairment of long lived-assets	0	0	0
Number of apartment complexes under short-term operating leases that obtained rental income	3	'	'
Deferred rent and tenant improvement liability	6,431	6,479	'
Advertising cost	12,077	12,390	16,000
Capitalized Course Development Costs | Minimum	'	'	'
Basis of Presentation [Line Items]	'	'	'
Amortization period	'3 years	'	'
Capitalized Course Development Costs | Maximum	'	'	'
Basis of Presentation [Line Items]	'	'	'
Amortization period	'5 years	'	'
Capital Lease Obligations	'	'	'
Basis of Presentation [Line Items]	'	'	'
Depreciation expense	$530	$530	$309

Investments_Detail

Investments (Detail) (USD $)	31-May-14	31-May-13
In Thousands, unless otherwise specified
Available For Sale Investments [Line Items]	'	'
Amortized Cost	$15,440	$20,737
Gross Unrealized Holding Gains	1	11
Gross Unrealized Holding Losses	-6	'
Fair Value	15,435	20,748
U.S. Treasury Debt Securities	'	'
Available For Sale Investments [Line Items]	'	'
Amortized Cost	11,995	18,307
Gross Unrealized Holding Gains	'	8
Fair Value	11,995	18,315
Certificates of deposit	'	'
Available For Sale Investments [Line Items]	'	'
Amortized Cost	3,445	2,430
Gross Unrealized Holding Gains	1	3
Gross Unrealized Holding Losses	-6	'
Fair Value	$3,440	$2,433

Property_Plant_and_Equipment_U

Property Plant and Equipment Useful Life (Detail)	12 Months Ended
	31-May-14
Buildings and building improvements | Minimum	'
Property Plant And Equipment Estimated Useful Lifes [Line Items]	'
Property plant and equipment useful life	'19 years
Buildings and building improvements | Maximum	'
Property Plant And Equipment Estimated Useful Lifes [Line Items]	'
Property plant and equipment useful life	'40 years
Land improvements | Minimum	'
Property Plant And Equipment Estimated Useful Lifes [Line Items]	'
Property plant and equipment useful life	'10 years
Land improvements | Maximum	'
Property Plant And Equipment Estimated Useful Lifes [Line Items]	'
Property plant and equipment useful life	'20 years
Furniture, vehicles, and equipment | Minimum	'
Property Plant And Equipment Estimated Useful Lifes [Line Items]	'
Property plant and equipment useful life	'5 years
Furniture, vehicles, and equipment | Maximum	'
Property Plant And Equipment Estimated Useful Lifes [Line Items]	'
Property plant and equipment useful life	'15 years

Components_of_Property_Plant_a

Components of Property, Plant and Equipment, Net (Detail) (USD $)	31-May-14	31-May-13
In Thousands, unless otherwise specified
Property, Plant and Equipment [Line Items]	'	'
Land	$565	$659
Land improvements	374	374
Buildings and building improvements	45,778	45,843
Furniture, vehicles, and equipment	28,293	25,443
Total gross property and equipment	75,010	72,319
Less accumulated depreciation	-31,752	-27,375
Total net property and equipment	$43,258	$44,944

Recovered_Sheet3

Department of Education Requirements - Additional Information (Detail)	12 Months Ended
	31-May-14	31-May-13	31-May-12
	Point	Point	Point
Regulatory Requirements [Line Items]	'	'	'
Minimum composite score	-1	'	'
Maximum composite score	3	'	'
Composite score	2.3	2.4	2.7
Regulatory Requirement	'	'	'
Regulatory Requirements [Line Items]	'	'	'
Minimum composite score	1.5	'	'
Non-Title IV Program Fund	'	'	'
Regulatory Requirements [Line Items]	'	'	'
Minimum revenues percentage under 34 CFR 600.5(d)	10.00%	'	'

Compliance_with_Education_Requ

Compliance with Education Requirement (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	31-May-14	31-May-13	31-May-12
Regulatory Requirements [Line Items]	'	'	'
Academic revenue	$117,099	$117,609	$109,833
Percentage of revenue collected from funds under title IV programs	89.32%	89.74%	84.67%
Non-Title IV Program Fund	'	'	'
Regulatory Requirements [Line Items]	'	'	'
Title IV HEA funds received	107,333	104,763	89,390
Cash Basis Method	'	'	'
Regulatory Requirements [Line Items]	'	'	'
Academic revenue	$120,169	$116,745	$105,577

Condominium_Project_Additional

Condominium Project - Additional Information (Detail) (USD $)	12 Months Ended
	31-May-14	31-May-13
	Building
Contracts [Line Items]	'	'
Number of condominium units originally available for sale	24	'
Number of condominium units sold till date	12	'
Percentage of interest on contract calls	3.00%	'
Payments on contract calls	$900	'
Contract outstanding balance	154,000	161,000
Other Current Assets	'	'
Contracts [Line Items]	'	'
Contract outstanding balance	6,000	6,000
Other Long-term Assets	'	'
Contracts [Line Items]	'	'
Contract outstanding balance	$148,000	$155,000

Future_Minimum_Receipts_under_

Future Minimum Receipts under Contract for Deed (Detail) (USD $)	31-May-14	31-May-13
In Thousands, unless otherwise specified
Contracts Receivable [Line Items]	'	'
2015	$6	'
2016	6	'
2017	7	'
2018	135	'
Contract outstanding balance	$154	$161

Contract_for_Deed_Additional_I

Contract for Deed - Additional Information (Detail) (USD $)	0 Months Ended	1 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Jul. 08, 2013	Mar. 28, 2013	31-May-14	31-May-13	31-May-12
Real Estate Properties [Line Items]	'	'	'	'	'
Property, sales price	'	$4,000	'	'	'
Down payment received from property sales	'	20	'	'	'
Receivable from property sales	'	3,230	291	722	'
Receivable term	'	'3 years	'	'	'
Receivable stated interest rate	'	5.00%	'	'	'
Proceeds from partial collection of receivable including interest and non-refundable deposit	760	'	'	'	'
Proceed from interest received	10	'	'	'	'
Proceeds from collection of property sales receivable	500	'	'	'	'
Gain on sale of property	97	'	-114	-100	320
Non-refundable deposit	'	'	250	'	'
Sale lease back monthly rental payment	'	'	$7	'	'

Lines_of_Credit_Additional_Inf

Lines of Credit - Additional Information (Detail) (Unsecured Revolving Line of Credit, USD $)	31-May-14	31-May-13	31-May-14
In Thousands, unless otherwise specified			Renewed Line of Credit
Line of Credit Facility [Line Items]	'	'	'
Line of credit maximum borrowing capacity	$3,000	'	'
Line of credit maturity date	'	'	31-May-15
Prime interest rate on line of credit	3.25%	'	'
Advances outstanding against line of credit	$0	$0	'

Leases_Additional_Information_

Leases - Additional Information (Detail) (USD $)	3 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Nov. 30, 2013	31-May-14	31-May-13	31-May-12
Lease Liability [Line Items]	'	'	'	'
Operating lease rent expense	'	$6,025	$5,429	$5,032
Capital lease additions	2,000	'	'	10,600
Notes receivable amount	2,000	'	'	'
Notes receivable per month	14	'	'	'
Notes receivable interest rate percentage	6.00%	'	'	'
Proceeds from long-term capital lease obligations	'	641	'	'
Future payments due under capital lease obligation	'	22,495	'	'
Net present value of capital lease obligation	'	12,303	'	'
Capital lease payable, current	'	206	66	'
Capital lease payable, non-current	'	12,097	10,394	'
Capital lease assets	'	10,600	10,600	10,600
Capital lease assets, accumulated depreciation	'	1,369	839	309
Capital Lease	'	'	'	'
Lease Liability [Line Items]	'	'	'	'
Future payments due under capital lease obligation	'	24,500	'	'
Net present value of capital lease obligation	'	$12,300	'	'

Future_Minimum_Lease_Payments_

Future Minimum Lease Payments on Non-Cancelable Operating Leases (Detail) (USD $)	31-May-14
In Thousands, unless otherwise specified
Operating Leased Assets [Line Items]	'
2015	$5,739
2016	5,617
2017	5,316
2018	5,303
2019	5,387
Thereafter	$15,764

Schedule_of_Future_Minimum_Com

Schedule of Future Minimum Commitments Under Revised Capital Lease Obligation (Detail) (USD $)	31-May-14
In Thousands, unless otherwise specified
Schedule Of Future Minimum Lease Payments For Capital Leases [Line Items]	'
2015	$1,092
2016	1,115
2017	1,137
2018	1,159
2019	1,183
Thereafter	16,809
Total future minimum lease obligation	22,495
Less: Imputed interest on capital leases	-10,192
Net present value of lease obligations	$12,303

Stockholders_Equity_Additional

Stockholders' Equity - Additional Information (Detail) (USD $)

1 Months Ended

12 Months Ended

3 Months Ended

12 Months Ended

3 Months Ended

12 Months Ended

3 Months Ended

12 Months Ended

In Thousands, except Share data, unless otherwise specified

10-May-13

31-May-14

31-May-13

31-May-12

31-May-14

31-May-13

31-May-12

Aug. 31, 2013

31-May-14

31-May-13

31-May-12

Oct. 31, 2013

Aug. 31, 2013

Aug. 31, 2012

31-May-13

31-May-14

31-May-13

31-May-12

Nov. 30, 2013

Nov. 30, 2012

Aug. 31, 2012

Nov. 30, 2012

31-May-14

31-May-13

31-May-12

31-May-14

31-May-14

Stock Options

Stock Options

Stock Options

Restricted Stock Units (RSUs)

Restricted Stock Units (RSUs)

Restricted Stock Units (RSUs)

Restricted Stock Units (RSUs)

Restricted Stock Units (RSUs)

Restricted Stock Units (RSUs)

Restricted Stock Units (RSUs)

Restricted Stock Units (RSUs)

Restricted Stock

Restricted Stock

Restricted Stock

Restricted Stock

Restricted Stock

Restricted Stock

Restricted Stock

Taxes Income And Other

Taxes Income And Other

Taxes Income And Other

Restricted Stock And Restricted Stock Unit

Class A

Performance Based Vesting

Performance Based Vesting

Performance Based Vesting

Time Based Vesting

Time Based Vesting

Time Based Vesting

Time Based Vesting

Director

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Authorized capital stock for Company

'

51,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Common stock, shares authorized

'

50,000,000

50,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

100,000

Preferred stock, shares authorized

'

1,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Shares of common stock, par value

'

$0.00

$0.00

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$0.00

Shares of preferred stock, par value

'

$0.00

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Common stock, shares outstanding

'

25,117,454

25,047,086

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Preferred stock, shares outstanding

'

0

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Stock repurchase during the period, Shares

550,000

0

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Stock repurchased, per share

$3.15

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Treasury shares resulting from settlement of stock based compensation

'

$64

$1,770

$10,084

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Shares authorized for issuance

'

'

'

'

1,300,000

'

'

'

'

'

'

750,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Common stock remain available for issuance

'

'

'

'

801,629

'

'

'

170,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Stock options vest over various terms

'

'3 years

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'1 year

'

'1 year

'

'

'

'

'

'

Expiry of stock options

'

'10 years

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Restricted stock unit, granted

'

'

'

'

'

'

'

446,500

477,229

62,791

'

'

750,000

46,088

'

'

'

'

30,729

3,659

13,044

'

'

'

'

'

'

Restricted stock unit, grant date fair value per share

'

'

'

'

'

'

'

$3.78

$3.76

$4.57

'

'

'

$4.60

'

'

'

'

'

'

'

'

'

'

'

'

'

Restricted stock unit, amortized service period

'

'

'

'

'

'

'

'2 years

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Restricted stock unit modified, granted

'

'

'

'

'

'

'

303,500

303,500

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Incremental fair value

'

'

'

'

'

'

'

890

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Unamortized fair value associated with options surrendered

'

'

'

'

'

'

'

420

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Restricted stock unit, grant date fair value per share

'

'

'

'

'

'

'

'

$4.30

$5.24

'

'

'

'

'

'

'

'

$3.54

$4.10

$4.60

'

'

'

'

'

'

Restricted stock units cancelled

'

'

'

'

'

'

'

'

170,000

37,480

'

'

'

'

'

'

'

'

'

'

'

3,261

'

'

'

'

'

Additional restricted shares issued under the Plan

'

'

'

'

'

'

'

'

0

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Restricted stock vested

'

'

'

'

'

'

'

'

16,001

13,285

'

'

'

'

11,869

'

'

'

'

'

'

'

'

'

'

'

'

Number of restricted stock remaining

'

'

'

'

'

'

'

'

'

'

'

'

'

'

34,219

'

'

'

'

'

'

'

'

'

'

'

'

Restricted stock unit, cancelled date fair value per share

'

'

'

'

'

'

'

'

$3.87

$4.60

'

'

'

'

'

'

'

'

'

'

'

$4.60

'

'

'

'

'

Compensation expenses restricted stock award

'

'

'

'

'

'

'

'

1,170

55

0

'

'

'

'

82

48

237

'

'

'

'

0

0

140

'

'

Unamortized compensation cost of restricted stock and restricted stock unit awards

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1,212

'

Unamortized compensation cost weighted average period

'

'

'

'

'1 year

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'1 year

'

Compensation expense of stock options

'

'

'

'

22

275

323

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Unamortized compensation cost of unvested stock options

'

'

'

'

$16

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Options exercised

'

0

0

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Options surrendered and canceled in exchange for restricted stock units

'

'

303,500

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Options with a weighted average exercise price surrendered and canceled in exchange for restricted stock units

'

'

$7.46

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Summary_of_Restricted_Shares_A

Summary of Restricted Shares Activity (Detail) (Restricted Stock Units (RSUs), USD $)	3 Months Ended	12 Months Ended
	Aug. 31, 2013	31-May-14	31-May-13
Restricted Stock Units (RSUs)	'	'	'
Restricted Shares	'	'	'
Shares, non-vested shares, beginning balance	13,442	13,442	1,416
Restricted stock unit, granted	446,500	477,229	62,791
Shares, modified	303,500	303,500	'
Shares, vested	'	-16,001	-13,285
Shares, forfeited	'	-170,000	-37,480
Shares, non-vested shares, ending balance	'	608,170	13,442
Weighted average grant date fair value	'	'	'
Weighted average grant date fair value, non-vested shares, beginning balance	$4.46	$4.46	$10.59
Weighted average grant date fair value, granted	$3.78	$3.76	$4.57
Weighted average grant date fair value, modified	'	$4.31	'
Weighted average grant date fair value, vested	'	$4.30	$5.24
Weighted average grant date fair value, cancelled/forfeited	'	$3.87	$4.60
Weighted average grant date fair value, Non-vested shares, Ending balance	'	$4.01	$4.46

Summary_of_Stock_Options_Issue

Summary of Stock Options Issued (Detail) (USD $)	12 Months Ended
	31-May-14	31-May-13
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Expected term (in years)	'5 years 9 months	'5 years 11 months 27 days
Expected volatility	56.14%	61.20%
Weighted average risk free interest rate	1.92%	0.85%
Weighted average risk free interest rate range, minimum	1.90%	0.80%
Weighted average risk free interest rate range, maximum	1.96%	0.85%
Weighted average expected dividend	4.97%	2.87%
Weighted average fair value	$1.24	$2.01
Maximum	'	'
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]	'	'
Weighted average expected dividend range, minimum	4.91%	2.87%
Weighted average expected dividend range, maximum	5.06%	'

Summary_of_Option_Activity_Det

Summary of Option Activity (Detail) (USD $)	12 Months Ended
	31-May-14	31-May-13	31-May-12
Shares	'	'	'
Outstanding Shares, Beginning Balance	368,000	223,950	'
Shares, Granted	25,000	156,800	'
Shares, Exercised	0	0	'
Shares, Modified	-303,500	'	'
Shares, Forfeited or canceled	-13,750	-12,750	'
Outstanding Shares, Ending Balance	75,750	368,000	223,950
Exercisable Shares, At The End of Period	49,500	133,031	'
Weighted Average Exercise Price	'	'	'
Weighted Average Exercise Price, Beginning balance	$7.67	$9.92	'
Weighted Average Exercise Price, Granted	$3.63	$4.60	'
Weighted Average Exercise Price, Exercised	'	'	'
Weighted Average Exercise Price, Modified	$7.46	'	'
Weighted Average Exercise Price, Forfeited or canceled	$7.80	$9.35	'
Weighted Average Exercise Price, Ending balance	$7.17	$7.67	$9.92
Weighted Average Exercise Price, Ending balance exercisable	$9.02	$9.58	'
Weighted Average Remaining Contractual Life (in years)	'	'	'
Weighted Average Remaining Contractual Life (in years), Outstanding	'7 years 7 months 6 days	'8 years 4 months 24 days	'8 years 8 months 12 days
Weighted Average Remaining Contractual Life (in years), Exercisable	'6 years 6 months	'7 years 6 months	'
Aggregate Intrinsic Value	'	'	'
Aggregate Intrinsic Value, Ending Balance	'	'	'
Aggregate Intrinsic Value, Exercisable at the end of Period	'	'	'

Summary_of_Dividend_Payments_D

Summary of Dividend Payments (Detail) (USD $)	12 Months Ended
	31-May-14
Period One	'
Dividends Payable [Line Items]	'
Date declared	29-Aug-11
Record date	30-Sep-11
Payment date	7-Oct-11
Per share	$0.03
Period Two	'
Dividends Payable [Line Items]	'
Date declared	4-Nov-11
Record date	31-Dec-11
Payment date	9-Jan-12
Per share	$0.03
Period Three	'
Dividends Payable [Line Items]	'
Date declared	30-Jan-12
Record date	30-Mar-12
Payment date	6-Apr-12
Per share	$0.03
Period Four	'
Dividends Payable [Line Items]	'
Date declared	30-Apr-12
Record date	30-Jun-12
Payment date	9-Jul-12
Per share	$0.03
Period Five	'
Dividends Payable [Line Items]	'
Date declared	27-Aug-12
Record date	30-Sep-12
Payment date	5-Oct-12
Per share	$0.04
Period Six	'
Dividends Payable [Line Items]	'
Date declared	29-Oct-12
Record date	14-Dec-12
Payment date	28-Dec-12
Per share	$0.04
Period Seven	'
Dividends Payable [Line Items]	'
Date declared	28-Jan-13
Record date	29-Mar-13
Payment date	12-Apr-13
Per share	$0.04
Period Eight	'
Dividends Payable [Line Items]	'
Date declared	29-Apr-13
Record date	28-Jun-13
Payment date	12-Jul-13
Per share	$0.04
Period Nine	'
Dividends Payable [Line Items]	'
Date declared	26-Aug-13
Record date	30-Sep-13
Payment date	11-Oct-13
Per share	$0.05
Period Ten	'
Dividends Payable [Line Items]	'
Date declared	28-Oct-13
Record date	30-Dec-13
Payment date	10-Jan-14
Per share	$0.05
Period Eleven	'
Dividends Payable [Line Items]	'
Date declared	25-Jan-14
Record date	28-Mar-14
Payment date	11-Apr-14
Per share	$0.05
Period Twelve	'
Dividends Payable [Line Items]	'
Date declared	7-Apr-14
Record date	30-Jun-14
Payment date	11-Jul-14
Per share	$0.05

Employee_Compensation_Plans_Ad

Employee Compensation Plans - Additional Information (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	31-May-14	31-May-13	31-May-12
Defined Benefit Plan Disclosure [Line Items]	'	'	'
Employer discretionary contribution amount	$653	$735	$601
Maximum	'	'	'
Defined Benefit Plan Disclosure [Line Items]	'	'	'
Employer contribution matching percentage	5.00%	'	'
Chief Executive Officer And President	'	'	'
Defined Benefit Plan Disclosure [Line Items]	'	'	'
Incentive expense	197	451	0
Chief Executive Officer | Restricted Stock	'	'	'
Defined Benefit Plan Disclosure [Line Items]	'	'	'
Stock award payable	$100	'	'

Self_Insured_Health_Insurance_

Self Insured Health Insurance - Additional Information (Detail) (USD $)	31-May-14	31-May-13
In Thousands, unless otherwise specified
Transactions with Third Party [Line Items]	'	'
Claims outstanding	$641	$611

Components_of_Provision_for_In

Components of Provision for Income Taxes (Detail) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	31-May-14	31-May-13	31-May-12
Current tax expense:	'	'	'
Federal	$3,678	$2,053	$1,065
State	509	451	511
Total current tax expense	4,187	2,504	1,576
Deferred tax expense:	'	'	'
Federal	-1,740	1,105	2,020
State	-141	89	87
Total deferred tax expense	-1,881	1,194	2,107
Total tax expense	$2,306	$3,698	$3,683

Summary_of_Effective_Income_Ta

Summary of Effective Income Tax Rate (Detail)	12 Months Ended
	31-May-14	31-May-13	31-May-12
Reconciliation of Statutory Federal Tax Rate [Line Items]	'	'	'
Statutory	34.00%	34.00%	34.00%
State income taxes - net of federal benefit	4.20%	4.20%	3.50%
Permanent differences and other	1.70%	2.10%	4.70%
Effective income tax rate	39.90%	40.30%	42.20%

Significant_Components_of_Defe

Significant Components of Deferred Tax Assets and Liabilities (Detail) (USD $)	31-May-14	31-May-13
In Thousands, unless otherwise specified
Deferred income tax assets:	'	'
Account receivable allowances	$407	$349
Bad debt write-offs	384	519
Other	122	173
Accrued salaries	1,440	801
Start up costs	305	334
Capital lease obligations	4,614	3,923
Deferred rent	2,378	2,222
Total deferred income tax assets	9,650	8,321
Deferred income tax liabilities:	'	'
Fixed assets and course development	-11,587	-12,368
Prepaid expenses	-543	-316
Other	0	-4
Total deferred income tax liabilities	-12,130	-12,688
Net deferred income tax liabilities	($2,480)	($4,367)

Income_Taxes_Additional_Inform

Income Taxes - Additional Information (Detail) (USD $)	31-May-14
Income Taxes [Line Items]	'
Liability for uncertain tax positions	$0

Reconciliation_of_Numerator_an

Reconciliation of Numerator and Denominator for Basic and Diluted EPS Computations (Detail) (USD $)	3 Months Ended								12 Months Ended
In Thousands, except Share data, unless otherwise specified	31-May-14	Feb. 28, 2014	Nov. 30, 2013	Aug. 31, 2013	31-May-13	Feb. 28, 2013	Nov. 30, 2012	Aug. 31, 2012	31-May-14	31-May-13	31-May-12
Numerator:	'	'	'	'	'	'	'	'	'	'	'
Net Income attributable to National American University Holdings, Inc	$1,335	$1,117	$1,362	($329)	$1,146	$1,599	$2,865	($164)	$3,485	$5,446	$5,049
Denominator:	'	'	'	'	'	'	'	'	'	'	'
Weighted average shares outstanding used to compute basic net income per common share	'	'	'	'	'	'	'	'	25,093,096	25,556,391	26,488,265
Incremental shares issuable upon the assumed exercise of warrants	'	'	'	'	'	'	'	'	'	'	102,615
Common shares used to compute diluted net income per share	'	'	'	'	'	'	'	'	25,094,361	25,561,468	26,638,427
Basic net income per common share	$0.05	$0.04	$0.05	($0.01)	$0.05	$0.06	$0.11	($0.01)	$0.14	$0.21	$0.19
Diluted net income per common share	$0.05	$0.04	$0.05	($0.01)	$0.05	$0.06	$0.11	($0.01)	$0.14	$0.21	$0.19
Restricted Stock	'	'	'	'	'	'	'	'	'	'	'
Denominator:	'	'	'	'	'	'	'	'	'	'	'
Incremental shares issuable upon the assumed exercise	'	'	'	'	'	'	'	'	1,265	5,077	47,547

Earnings_per_Share_Additional_

Earnings per Share - Additional Information (Detail) (Stock Option)	12 Months Ended
	31-May-14	31-May-13	31-May-12
Stock Option	'	'	'
Computation Of Earnings Per Share Line Items	'	'	'
Number of shares excluded from calculation of diluted EPS	75,750	368,000	223,950

Summary_of_Assets_and_Liabilit

Summary of Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) (Fair Value, Measurements, Recurring, USD $)	31-May-14	31-May-13
In Thousands, unless otherwise specified
Investments	'	'
Total assets at fair value	$16,345	$22,364
CD's and money market accounts	'	'
Investments	'	'
Total assets at fair value	3,440	2,433
Money market accounts included in cash equivalents	'	'
Investments	'	'
Total assets at fair value	910	1,616
US treasury bills and notes	'	'
Investments	'	'
Total assets at fair value	11,995	18,315
Quoted Prices in active markets (Level 1)	'	'
Investments	'	'
Total assets at fair value	13,148	20,174
Quoted Prices in active markets (Level 1) | CD's and money market accounts	'	'
Investments	'	'
Total assets at fair value	243	243
Quoted Prices in active markets (Level 1) | Money market accounts included in cash equivalents	'	'
Investments	'	'
Total assets at fair value	910	1,616
Quoted Prices in active markets (Level 1) | US treasury bills and notes	'	'
Investments	'	'
Total assets at fair value	11,995	18,315
Other observable inputs (Level 2)	'	'
Investments	'	'
Total assets at fair value	3,197	2,190
Other observable inputs (Level 2) | CD's and money market accounts	'	'
Investments	'	'
Total assets at fair value	$3,197	$2,190

Segment_Reporting_Additional_I

Segment Reporting - Additional Information (Detail)	12 Months Ended
	31-May-14
	Segment
Segment Reporting Information [Line Items]	'
Number of reportable segments	2

Financial_Information_of_Repor

Financial Information of Reportable Segment (Detail) (USD $)

0 Months Ended

3 Months Ended

12 Months Ended

In Thousands, unless otherwise specified

Jul. 08, 2013

31-May-14

Feb. 28, 2014

Nov. 30, 2013

Aug. 31, 2013

31-May-13

Feb. 28, 2013

Nov. 30, 2012

Aug. 31, 2012

31-May-14

31-May-13

31-May-12

REVENUE:

'

'

'

'

'

'

'

'

'

'

'

'

Academic

'

'

'

'

'

'

'

'

'

$117,099

$117,609

$109,833

Auxiliary

'

'

'

'

'

'

'

'

'

9,076

10,259

7,992

Rental income apartments

'

'

'

'

'

'

'

'

'

1,138

1,098

1,069

Condominium sales

'

'

'

'

'

'

'

'

'

440

210

0

Total revenue

'

31,968

31,674

33,182

30,929

33,162

32,055

34,509

29,450

127,753

129,176

118,894

OPERATING EXPENSES:

'

'

'

'

'

'

'

'

'

'

'

'

Cost of educational services

'

'

'

'

'

'

'

'

'

29,478

29,188

27,831

Selling, general administrative

'

'

'

'

'

'

'

'

'

85,286

82,906

77,476

Auxiliary

'

'

'

'

'

'

'

'

'

6,236

6,780

4,747

Cost of condominium sales

'

'

'

'

'

'

'

'

'

386

192

0

Loss (gain) on disposition of property

-97

'

'

'

'

'

'

'

'

114

100

-320

Total operating expenses

'

'

'

'

'

'

'

'

'

121,500

119,166

109,734

Income (loss) from operations

'

2,402

1,898

2,315

-362

2,254

2,906

4,872

-22

6,253

10,010

9,160

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

Interest inc

'

'

'

'

'

'

'

'

'

142

111

133

Interest exp

'

'

'

'

'

'

'

'

'

-770

-1,044

-594

Other income net

'

'

'

'

'

'

'

'

'

149

107

121

Total other income (expense)

'

'

'

'

'

'

'

'

'

-479

-826

-340

Income (loss) before taxes

'

'

'

'

'

'

'

'

'

5,774

9,184

8,820

Total assets

'

88,457

'

'

'

88,082

'

'

'

88,457

88,082

83,098

Expenditures for for long-lived assets

'

'

'

'

'

'

'

'

'

4,532

8,697

13,205

Depreciation & amortization

'

'

'

'

'

'

'

'

'

6,356

5,650

4,239

NAU

'

'

'

'

'

'

'

'

'

'

'

'

REVENUE:

'

'

'

'

'

'

'

'

'

'

'

'

Academic

'

'

'

'

'

'

'

'

'

117,099

117,609

109,833

Auxiliary

'

'

'

'

'

'

'

'

'

9,076

10,259

7,992

Rental income apartments

'

'

'

'

'

'

'

'

'

0

0

0

Condominium sales

'

'

'

'

'

'

'

'

'

0

0

0

Total revenue

'

'

'

'

'

'

'

'

'

126,175

127,868

117,825

OPERATING EXPENSES:

'

'

'

'

'

'

'

'

'

'

'

'

Cost of educational services

'

'

'

'

'

'

'

'

'

29,478

29,188

27,831

Selling, general administrative

'

'

'

'

'

'

'

'

'

83,627

81,193

75,671

Auxiliary

'

'

'

'

'

'

'

'

'

6,236

6,780

4,747

Cost of condominium sales

'

'

'

'

'

'

'

'

'

0

0

0

Loss (gain) on disposition of property

'

'

'

'

'

'

'

'

'

211

33

40

Total operating expenses

'

'

'

'

'

'

'

'

'

119,552

117,194

108,289

Income (loss) from operations

'

'

'

'

'

'

'

'

'

6,623

10,674

9,536

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

Interest inc

'

'

'

'

'

'

'

'

'

54

98

133

Interest exp

'

'

'

'

'

'

'

'

'

-769

-1,044

-594

Other income net

'

'

'

'

'

'

'

'

'

0

-22

0

Total other income (expense)

'

'

'

'

'

'

'

'

'

-715

-968

-461

Income (loss) before taxes

'

'

'

'

'

'

'

'

'

5,908

9,706

9,075

Total assets

'

76,383

'

'

'

75,115

'

'

'

76,383

75,115

70,404

Expenditures for for long-lived assets

'

'

'

'

'

'

'

'

'

3,094

8,462

13,025

Depreciation & amortization

'

'

'

'

'

'

'

'

'

5,765

5,090

3,692

Other

'

'

'

'

'

'

'

'

'

'

'

'

REVENUE:

'

'

'

'

'

'

'

'

'

'

'

'

Academic

'

'

'

'

'

'

'

'

'

0

0

0

Auxiliary

'

'

'

'

'

'

'

'

'

0

0

0

Rental income apartments

'

'

'

'

'

'

'

'

'

1,138

1,098

1,069

Condominium sales

'

'

'

'

'

'

'

'

'

440

210

'

Total revenue

'

'

'

'

'

'

'

'

'

1,578

1,308

1,069

OPERATING EXPENSES:

'

'

'

'

'

'

'

'

'

'

'

'

Cost of educational services

'

'

'

'

'

'

'

'

'

0

0

0

Selling, general administrative

'

'

'

'

'

'

'

'

'

1,659

1,713

1,805

Auxiliary

'

'

'

'

'

'

'

'

'

0

0

0

Cost of condominium sales

'

'

'

'

'

'

'

'

'

386

192

0

Loss (gain) on disposition of property

'

'

'

'

'

'

'

'

'

-97

67

-360

Total operating expenses

'

'

'

'

'

'

'

'

'

1,948

1,972

1,445

Income (loss) from operations

'

'

'

'

'

'

'

'

'

-370

-664

-376

OTHER INCOME (EXPENSE):

'

'

'

'

'

'

'

'

'

'

'

'

Interest inc

'

'

'

'

'

'

'

'

'

88

13

0

Interest exp

'

'

'

'

'

'

'

'

'

-1

0

0

Other income net

'

'

'

'

'

'

'

'

'

149

129

121

Total other income (expense)

'

'

'

'

'

'

'

'

'

236

142

121

Income (loss) before taxes

'

'

'

'

'

'

'

'

'

-134

-522

-255

Total assets

'

12,074

'

'

'

12,967

'

'

'

12,074

12,967

12,694

Expenditures for for long-lived assets

'

'

'

'

'

'

'

'

'

1,438

235

180

Depreciation & amortization

'

'

'

'

'

'

'

'

'

$591

$560

$547

Schedule_of_Quarterly_Financia

Schedule of Quarterly Financial Information (Detail) (USD $)	3 Months Ended								12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	31-May-14	Feb. 28, 2014	Nov. 30, 2013	Aug. 31, 2013	31-May-13	Feb. 28, 2013	Nov. 30, 2012	Aug. 31, 2012	31-May-14	31-May-13	31-May-12
Quarterly Financial Data [Line Items]	'	'	'	'	'	'	'	'	'	'	'
Revenues	$31,968	$31,674	$33,182	$30,929	$33,162	$32,055	$34,509	$29,450	$127,753	$129,176	$118,894
(Loss) income from operations	2,402	1,898	2,315	-362	2,254	2,906	4,872	-22	6,253	10,010	9,160
Net (loss) income	1,461	1,127	1,363	-366	1,155	1,617	2,865	-151	3,468	5,486	5,137
Net (loss) income attributable to NAUH and Subsidiaries	$1,335	$1,117	$1,362	($329)	$1,146	$1,599	$2,865	($164)	$3,485	$5,446	$5,049
Net (loss) income per share (common):	'	'	'	'	'	'	'	'	'	'	'
Basic	$0.05	$0.04	$0.05	($0.01)	$0.05	$0.06	$0.11	($0.01)	$0.14	$0.21	$0.19
Diluted	$0.05	$0.04	$0.05	($0.01)	$0.05	$0.06	$0.11	($0.01)	$0.14	$0.21	$0.19

Subsequent_Events_Additional_I

Subsequent Events - Additional Information (Detail) (USD $)	0 Months Ended
In Thousands, unless otherwise specified	Jul. 08, 2013	Jul. 11, 2014	Jun. 30, 2014
		Subsequent Event	Subsequent Event
Subsequent Event [Line Items]	'	'	'
Proceeds from note receivable	'	'	$1,359
Proceed from interest received	10	85	14
Proceeds from partial collection of receivable	'	3,230	'
Lease back payments and maintenance expense related to long term operating lease	'	$59	'