| 2013 | 2012 |
|---|
| ASSETS | | |
|---|
| Current assets | | |
|---|
| Cash and cash equivalents | $21,107,984 | $23,842,721 |
|---|
| Accounts, grants and loans receivable, net | 10,875,339 | 12,171,673 |
|---|
| Inventory and other current assets | 538,521 | 231,148 |
|---|
| Total current assets | 32,521,844 | 36,245,542 |
|---|
| Noncurrent assets | | |
|---|
| Accounts, grants and loans receivable, net | 443,881 | 744,925 |
|---|
| Investments | 13,501,397 | 11,169,649 |
|---|
| Capital assets, net | 83,185,618 | 84,469,158 |
|---|
| Total noncurrent assets | 97,130,896 | 96,383,732 |
|---|
| Total assets | 129,652,740 | 132,629,274 |
|---|
| LIABILITIES | | |
|---|
| Current liabilities | | |
|---|
| Accounts payable and accrued liabilities | 3,291,014 | 4,281,912 |
|---|
| Accrued compensated absences | 1,633,551 | 1,730,370 |
|---|
| Unearned revenue | 1,280,078 | 2,211,334 |
|---|
| Deposits | 160,856 | 120,991 |
|---|
| Other current liabilities | 63,283 | 122,183 |
|---|
| Long-term debt, current portion | 875,082 | 796,929 |
|---|
| Total current liabilities | 7,303,864 | 9,263,719 |
|---|
| Noncurrent liabilities | | |
|---|
| Long-term debt, noncurrent portion | 7,300,902 | 7,875,689 |
|---|
| Federal grants refundable | 991,709 | 991,709 |
|---|
| Total noncurrent liabilities | 8,292,611 | 8,867,398 |
|---|
| Total liabilities | 15,596,475 | 18,131,117 |
|---|
| NET POSITION | | |
|---|
| Invested in capital assets, net of related debt | 75,009,634 | 75,796,540 |
|---|
| Restricted | | |
|---|
| Nonexpendable | 8,657,506 | 8,657,506 |
|---|
| Expendable | 5,905,037 | 6,668,365 |
|---|
| Unrestricted | 24,484,088 | 23,375,746 |
|---|
| Total net position | $114,056,265 | $114,498,157 |
|---|