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            "text": "Management's Discussion and Analysis, continued",
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            "text": "Capital Asset and Debt Administration"
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            "text": "June 30, 2015"
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            "text": "Capital Assets"
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            "text": "Capital assets, net of accumulated depreciation, totaled $77.1 million at June 30, 2015, a decrease of $3.5 million. Capital assets as of June 30, 2015 and significant changes in capital assets during the year are as follows (in millions):"
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                    "bbox": {
                        "l": 474.4661,
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                    "text": "$ 83.2",
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                }
            ]
        },
        {
            "id": "p19.7",
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            "type": "text",
            "bbox": {
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            "text": "At June 30, 2015, the University has capital construction projects in progress totaling $1.1 million in scope."
        },
        {
            "id": "p19.8",
            "order": 56,
            "type": "heading",
            "bbox": {
                "l": 48.7104,
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                "r": 127.8947,
                "b": 323.2314
            },
            "text": "Long Term Debt",
            "attrs": {
                "block_label": "paragraph_title"
            },
            "level": 3
        },
        {
            "id": "p19.9",
            "order": 57,
            "type": "text",
            "bbox": {
                "l": 48.9503,
                "t": 307.3938,
                "r": 455.9098,
                "b": 293.236
            },
            "text": "At June 30, 2015, bonds and lease payable amounted to $6.6 million, as summarized below:"
        },
        {
            "id": "p19.10",
            "order": 58,
            "type": "table",
            "bbox": {
                "l": 84.2233,
                "t": 266.6,
                "r": 539.1733,
                "b": 148.7777
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            "text": "",
            "attrs": {
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                "n_cols": 4
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                {
                    "id": "p19.10.1",
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                        "r": 197.9608,
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                    "text": "",
                    "attrs": {
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                },
                {
                    "id": "p19.10.2",
                    "order": 60,
                    "type": "table_cell",
                    "bbox": {
                        "l": 197.9608,
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                    "text": "2015",
                    "attrs": {
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                        "rowspan": 1,
                        "colspan": 1,
                        "column_header": true,
                        "header_source": "heuristic"
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                },
                {
                    "id": "p19.10.3",
                    "order": 61,
                    "type": "table_cell",
                    "bbox": {
                        "l": 311.6983,
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                    "text": "2014",
                    "attrs": {
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                        "column_header": true,
                        "header_source": "heuristic"
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                {
                    "id": "p19.10.4",
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                    "type": "table_cell",
                    "bbox": {
                        "l": 425.4358,
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                        "r": 539.1733,
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                    "text": "2013",
                    "attrs": {
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                        "colspan": 1,
                        "column_header": true,
                        "header_source": "heuristic"
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                {
                    "id": "p19.10.5",
                    "order": 63,
                    "type": "table_cell",
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                        "r": 197.9608,
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                    "text": "Lease obligations",
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                        "col": 0,
                        "rowspan": 1,
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                },
                {
                    "id": "p19.10.6",
                    "order": 64,
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                    "bbox": {
                        "l": 197.9608,
                        "t": 246.963,
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                    "text": "$ 3,300,007",
                    "attrs": {
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                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p19.10.7",
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                    "bbox": {
                        "l": 311.6983,
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                    },
                    "text": "$ 3,796,904",
                    "attrs": {
                        "row": 1,
                        "col": 2,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p19.10.8",
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                    "bbox": {
                        "l": 425.4358,
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                    },
                    "text": "$ 4,139,613",
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                        "col": 3,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p19.10.9",
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                        "l": 84.2233,
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                    },
                    "text": "Note payable to City of Frankfort",
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                },
                {
                    "id": "p19.10.10",
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                    "bbox": {
                        "l": 197.9608,
                        "t": 227.3259,
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                    "text": "200,000",
                    "attrs": {
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                        "rowspan": 1,
                        "colspan": 1
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                },
                {
                    "id": "p19.10.11",
                    "order": 69,
                    "type": "table_cell",
                    "bbox": {
                        "l": 311.6983,
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                    "text": "250,000",
                    "attrs": {
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                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p19.10.12",
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                    "bbox": {
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                    "text": "300,000",
                    "attrs": {
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                        "col": 3,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p19.10.13",
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                        "r": 197.9608,
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                    },
                    "text": "General receipts bonds",
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                },
                {
                    "id": "p19.10.14",
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                    "bbox": {
                        "l": 197.9608,
                        "t": 207.6889,
                        "r": 311.6983,
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                    },
                    "text": "3,195,000",
                    "attrs": {
                        "row": 3,
                        "col": 1,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p19.10.15",
                    "order": 73,
                    "type": "table_cell",
                    "bbox": {
                        "l": 311.6983,
                        "t": 207.6889,
                        "r": 425.4358,
                        "b": 188.0518
                    },
                    "text": "3,405,000",
                    "attrs": {
                        "row": 3,
                        "col": 2,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p19.10.16",
                    "order": 74,
                    "type": "table_cell",
                    "bbox": {
                        "l": 425.4358,
                        "t": 207.6889,
                        "r": 539.1733,
                        "b": 188.0518
                    },
                    "text": "3,790,000",
                    "attrs": {
                        "row": 3,
                        "col": 3,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p19.10.17",
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                    "type": "table_cell",
                    "bbox": {
                        "l": 84.2233,
                        "t": 188.0518,
                        "r": 197.9608,
                        "b": 168.4148
                    },
                    "text": "Bond discount and issue costs",
                    "attrs": {
                        "row": 4,
                        "col": 0,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p19.10.18",
                    "order": 76,
                    "type": "table_cell",
                    "bbox": {
                        "l": 197.9608,
                        "t": 188.0518,
                        "r": 311.6983,
                        "b": 168.4148
                    },
                    "text": "(49,798)",
                    "attrs": {
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                        "col": 1,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p19.10.19",
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                    "bbox": {
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                    "text": "(49,798)",
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                        "col": 2,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p19.10.20",
                    "order": 78,
                    "type": "table_cell",
                    "bbox": {
                        "l": 425.4358,
                        "t": 188.0518,
                        "r": 539.1733,
                        "b": 168.4148
                    },
                    "text": "(53,629)",
                    "attrs": {
                        "row": 4,
                        "col": 3,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p19.10.21",
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                    "type": "table_cell",
                    "bbox": {
                        "l": 84.2233,
                        "t": 168.4148,
                        "r": 197.9608,
                        "b": 148.7777
                    },
                    "text": "Total",
                    "attrs": {
                        "row": 5,
                        "col": 0,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p19.10.22",
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                    "bbox": {
                        "l": 197.9608,
                        "t": 168.4148,
                        "r": 311.6983,
                        "b": 148.7777
                    },
                    "text": "$ 6,645,209",
                    "attrs": {
                        "row": 5,
                        "col": 1,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p19.10.23",
                    "order": 81,
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                    "bbox": {
                        "l": 311.6983,
                        "t": 168.4148,
                        "r": 425.4358,
                        "b": 148.7777
                    },
                    "text": "$ 7,402,106",
                    "attrs": {
                        "row": 5,
                        "col": 2,
                        "rowspan": 1,
                        "colspan": 1
                    }
                },
                {
                    "id": "p19.10.24",
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                    "bbox": {
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                        "t": 168.4148,
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                        "b": 148.7777
                    },
                    "text": "$ 8,175,984",
                    "attrs": {
                        "row": 5,
                        "col": 3,
                        "rowspan": 1,
                        "colspan": 1
                    }
                }
            ]
        },
        {
            "id": "p19.11",
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            "type": "footer",
            "bbox": {
                "l": 298.021,
                "t": 45.1132,
                "r": 310.4986,
                "b": 34.3148
            },
            "text": "17",
            "attrs": {
                "block_label": "number"
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    ],
    "excluded_furniture": {
        "first": [],
        "last": []
    }
}