| 2014 | 2013 |
|---|
| ASSETS |
| Current assets |
| Cash and cash equivalents | $19,575,963 | $ 21,107,984 |
|---|
| Accounts, grants and loans receivable, net | 8,535,442 | 10,875,339 |
|---|
| Inventory and other current assets | 157,844 | 538,521 |
|---|
| Total current assets | 28,269,249 | 32,521,844 |
|---|
| Noncurrent assets |
| Accounts, grants and loans receivable, net | 241,030 | 443,881 |
|---|
| Investments | 15,303,098 | 13,501,397 |
|---|
| Capital assets, net | 80,661,020 | 83,185,618 |
|---|
| Total noncurrent assets | 96,205,148 | 97,130,896 |
|---|
| Total assets | 124,474,397 | 129,652,740 |
|---|
| LIABILITIES |
| Current liabilities |
| Accounts payable and accrued liabilities | 3,402,242 | 3,291,014 |
|---|
| Accrued compensated absences | 1,557,350 | 1,633,551 |
|---|
| Unearned revenue | 1,299,328 | 1,280,078 |
|---|
| Deposits | 169,221 | 160,856 |
|---|
| Other current liabilities | 91,700 | 63,283 |
|---|
| Long-term debt, current portion | 753,065 | 875,082 |
|---|
| Total current liabilities | 7,272,906 | 7,303,864 |
|---|
| Noncurrent liabilities |
| Long-term debt, noncurrent portion | 6,649,041 | 7,300,902 |
|---|
| Federal grants refundable | 534,914 | 991,709 |
|---|
| Total noncurrent liabilities | 7,183,955 | 8,292,611 |
|---|
| Total liabilities | 14,456,861 | 15,596,475 |
|---|
| NET POSITION |
| Invested in capital assets, net of related debt | 73,258,914 | 75,009,634 |
|---|
| Restricted | | |
|---|
| Nonexpendable | 8,657,506 | 8,657,506 |
|---|
| Expendable | 5,849,690 | 5,905,037 |
|---|
| Unrestricted | 22,251,426 | 24,484,088 |
|---|
| Total net position | $110,017,536 | $ 114,056,265 |
|---|