| Assets |
|
|
|
| Current Assets |
|
|
|
| Unrestricted cash and cash equivalents |
$11,339,405 |
$46,634,000 |
(75.7) |
| Restricted cash and cash equivalents |
$49,577,964 |
$26,379,896 |
87.9 |
| Short-term investments |
$273,564,466 |
$213,353,837 |
28.2 |
| Accounts receivable, net |
$104,714,972 |
$99,429,818 |
5.3 |
| Current portion of notes receivable |
$5,836,749 |
$3,669,701 |
59.1 |
| Current portion of student loans receivable |
$1,847,783 |
$2,050,423 |
(9.9) |
| Current portion of pledges receivable |
$9,382,609 |
$9,630,926 |
(2.6) |
| Inventories |
$6,384,239 |
$6,477,222 |
(1.4) |
| Prepaid and deferred expenses |
$56,006,517 |
$43,875,038 |
27.7 |
| Other current assets |
$1,328,903 |
$1,202,320 |
10.5 |
| Total current assets |
$519,983,607 |
$452,703,181 |
14.9 |
| Non-current assets |
$0 |
$0 |
|
| Restricted cash and cash equivalents |
$2,288,062 |
$3,618,654 |
(36.8) |
| Endowment, and life income investments |
$673,605,620 |
$616,925,376 |
9.2 |
| Investments for capital activities |
$182,950,944 |
$264,758,927 |
(30.9) |
| Other long-term investments |
$165,253,733 |
$158,946,237 |
4.0 |
| Notes receivable, net |
$59,596,475 |
$37,656,517 |
58.3 |
| Student loans receivable, net |
$9,118,287 |
$8,612,203 |
5.9 |
| Pledges receivable, net |
$22,010,715 |
$23,866,050 |
(7.8) |
| Capital assets, net |
$1,290,466,310 |
$1,126,752,587 |
14.5 |
| Other noncurrent assets |
$12,247,157 |
$12,446,401 |
(1.6) |
| Total noncurrent assets |
$2,417,537,303 |
$2,253,582,952 |
7.3 |
| Total assets |
$2,937,520,910 |
$2,706,286,133 |
8.5 |
| Liabilities and net assets |
$0 |
$0 |
|
| Current liabilities |
$0 |
$0 |
|
| Accounts payable and accrued liabilities |
$120,294,499 |
$116,960,727 |
2.9 |
| Current portion of deferred revenue |
$206,717,811 |
$180,458,353 |
14.6 |
| Deposits |
$66,741,838 |
$36,667,789 |
82.0 |
| Current portion of long-term debt |
$19,621,650 |
$43,293,272 |
(54.7) |
| Total current liabilities |
$413,375,798 |
$377,380,141 |
9.5 |
| Noncurrent liabilities |
$0 |
$0 |
|
| Federal refundabale loans |
$8,045,094 |
$8,069,170 |
(0.3) |
| Other liabilities |
$5,245,737 |
$5,246,843 |
0.0 |
| Deferred revenue |
$11,728,826 |
$16,273,593 |
(27.9) |
| Long-term debt, net |
$649,706,981 |
$682,261,808 |
(4.8) |
| Total noncurrent liabilities |
$674,726,638 |
$711,851,414 |
(5.2) |
| Total liabilities |
$1,088,102,436 |
$1,089,231,555 |
(0.1) |
| Net assets |
$0 |
$0 |
|
| Invested in capital assets, net of related debt |
$671,586,724 |
$598,396,660 |
12.2 |
| Restricted |
$0 |
$0 |
|
| Nonexpendable |
$333,221,880 |
$311,521,231 |
7.0 |
| Expendable |
$313,223,393 |
$279,790,271 |
11.9 |
| Unrestricted |
$531,386,477 |
$427,346,416 |
24.3 |
| Total net assets |
$1,849,418,474 |
$1,617,054,578 |
14.4 |
| Total liabilities and net assets |
$2,937,520,910 |
$2,706,286,133 |
8.5 |
