{"id":45,"date":"2019-05-03T13:20:39","date_gmt":"2019-05-03T13:20:39","guid":{"rendered":"https:\/\/afr.ua.edu\/2018\/?page_id=45"},"modified":"2019-05-15T15:21:47","modified_gmt":"2019-05-15T15:21:47","slug":"2017-2018-financial-report","status":"publish","type":"page","link":"https:\/\/afr.ua.edu\/2018\/","title":{"rendered":"2017-2018 Financial Report"},"content":{"rendered":"<div class=\"rtbs  rtbs_2018-financial-statements rtbs_round rtbs_arrows rtbs_cm_enabled_ultra\"><div class=\"rtbs_slug\" style=\"display:none\">2018-financial-statements<\/div><div class=\"rtbs_breakpoint\" style=\"display:none\">600<\/div><div class=\"rtbs_inactive_tab_background\" style=\"display:none\">transparent<\/div><div class=\"rtbs_color\" style=\"display:none\">#990000<\/div>\r\n    <div class=\"rtbs_menu\">\r\n        <ul>\r\n            <li style=\"\" class=\"mobile_toggle\">&zwnj;<\/li><li class=\"current\"><a style=\" background:#990000;\" class=\" 2018-financial-statements-tab-link-0 active\" href=\"#\" data-tab=\"#2018-financial-statements-tab-0\">Statements of  Net Position<\/a><\/li><li><a style=\" \" href=\"#\" data-tab=\"#2018-financial-statements-tab-1\" class=\" 2018-financial-statements-tab-link-1\">Statements of Revenues, Expenses and Changes in Net Position<\/a><\/li><li><a style=\" \" href=\"#\" data-tab=\"#2018-financial-statements-tab-2\" class=\" 2018-financial-statements-tab-link-2\">Statements of Cash Flows<\/a><\/li><li><a style=\" \" href=\"#\" data-tab=\"#2018-financial-statements-tab-3\" class=\" 2018-financial-statements-tab-link-3\">Discretely Presented Component Units<\/a><\/li>\r\n        <\/ul>\r\n    <\/div><div style=\" background-color:whitesmoke; border-top:7px solid #990000;\" id=\"2018-financial-statements-tab-0\" class=\"rtbs_content active\"><p><div id=\"footable_parent_95\"\n         class=\" footable_parent ninja_table_wrapper loading_ninja_table wp_table_data_press_parent semantic_ui \">\n                <table data-ninja_table_instance=\"ninja_table_instance_0\" data-footable_id=\"95\" data-filter-delay=\"1000\" aria-label=\"Statements of Net Position\"            id=\"footable_95\"\n           data-unique_identifier=\"ninja_table_unique_id_1557948193_95\"\n           class=\" foo-table ninja_footable foo_table_95 ninja_table_unique_id_1557948193_95 ui table  nt_type_legacy_table selectable striped vertical_centered  footable-paging-right ninja_table_search_disabled ninja_table_pro\">\n                <colgroup>\n                            <col class=\"ninja_column_0 \">\n                            <col class=\"ninja_column_1 \">\n                            <col class=\"ninja_column_2 \">\n                    <\/colgroup>\n        <thead>\n<tr class=\"footable-header\">\n                                                        <th scope=\"col\"  class=\"ninja_column_0 ninja_clmn_nm_ninja_column_1 \">\ufeff<H2><font color=\"#900\" > Statements of Net Position <\/font> <\/H2><\/th><th scope=\"col\"  class=\"ninja_column_1 ninja_clmn_nm_218 \">\ufeff<H2><font color=\"#900\" ><div align=\"right\">2018<\/font> <\/H2><\/th><th scope=\"col\"  class=\"ninja_column_2 ninja_clmn_nm_217 \">\ufeff<H2><font color=\"#900\" ><div align=\"right\">2017<\/font> <\/H2><\/th><\/tr>\n<\/thead>\n<tbody>\n\n        <tr data-row_id=\"223\" class=\"ninja_table_row_0 nt_row_id_223\">\n            <td><H3><font color=\"#900\" font size=\"4\"> Current assets<\/font> <\/H3><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"224\" class=\"ninja_table_row_1 nt_row_id_224\">\n            <td><p style=\"margin-left: 40px\">Unrestricted cash and cash equivalents<\/p><\/td><td><div align=\"right\">$71,893,409<\/div><\/td><td><div align=\"right\">$51,380,071<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"225\" class=\"ninja_table_row_2 nt_row_id_225\">\n            <td><p style=\"margin-left: 40px\">Restricted cash and cash equivalents<\/p><\/td><td><div align=\"right\">3,490,839<\/div><\/td><td><div align=\"right\">7,485,466<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"226\" class=\"ninja_table_row_3 nt_row_id_226\">\n            <td><p style=\"margin-left: 40px\">Unrestricted short-term investments<\/p><\/td><td><div align=\"right\">233,152,847<\/div><\/td><td><div align=\"right\">222,361,933<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"227\" class=\"ninja_table_row_4 nt_row_id_227\">\n            <td><p style=\"margin-left: 40px\">Restricted short-term investments<\/p><\/td><td><div align=\"right\">27,524,094<\/div><\/td><td><div align=\"right\">84,582,493<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"228\" class=\"ninja_table_row_5 nt_row_id_228\">\n            <td><p style=\"margin-left: 40px\">Accounts receivable, net<\/p><\/td><td><div align=\"right\">96,091,544<\/div><\/td><td><div align=\"right\">100,624,536<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"229\" class=\"ninja_table_row_6 nt_row_id_229\">\n            <td><p style=\"margin-left: 40px\">Current portion of notes receivable, net<\/p><\/td><td><div align=\"right\">4,462,276<\/div><\/td><td><div align=\"right\">3,511,833<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"230\" class=\"ninja_table_row_7 nt_row_id_230\">\n            <td><p style=\"margin-left: 40px\">Current portion of student loans receivable<\/p><\/td><td><div align=\"right\">2,020,335<\/div><\/td><td><div align=\"right\">2,070,459<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"231\" class=\"ninja_table_row_8 nt_row_id_231\">\n            <td><p style=\"margin-left: 40px\">Current portion of pledges receivable<\/p><\/td><td><div align=\"right\">8,685,620<\/div><\/td><td><div align=\"right\">6,488,635<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"232\" class=\"ninja_table_row_9 nt_row_id_232\">\n            <td><p style=\"margin-left: 40px\">Inventories<\/p><\/td><td><div align=\"right\">6,011,790<\/div><\/td><td><div align=\"right\">7,734,921<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"233\" class=\"ninja_table_row_10 nt_row_id_233\">\n            <td><p style=\"margin-left: 40px\">Prepaid expenses and unearned scholarships<\/p><\/td><td><div align=\"right\">98,987,483<\/div><\/td><td><div align=\"right\">99,224,430<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"234\" class=\"ninja_table_row_11 nt_row_id_234\">\n            <td><p style=\"margin-left: 40px\">Other current assets<\/p><\/td><td><div align=\"right\">1,567,540<\/div><\/td><td><div align=\"right\">1,128,541<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"235\" class=\"ninja_table_row_12 nt_row_id_235\">\n            <td><p style=\"margin-left: 60px\"><font color=\"black\"> <strong>Total current assets<\/p><\/font><\/strong><\/td><td><div align=\"right\"><font color=\"black\"> <strong>553,887,777<\/font><\/strong><\/div><\/td><td><div align=\"right\"><font color=\"black\"> <strong>586,593,318<\/font><\/strong><\/div><\/td>        <\/tr>\n            <tr data-row_id=\"236\" class=\"ninja_table_row_13 nt_row_id_236\">\n            <td><H3><font color=\"#900\" font size=\"4\"> Noncurrent assets<\/font> <\/H3><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"237\" class=\"ninja_table_row_14 nt_row_id_237\">\n            <td><p style=\"margin-left: 40px\">Restricted cash and cash equivalents<\/p><\/td><td><div align=\"right\">3,399,556<\/div><\/td><td><div align=\"right\">2,753,537<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"238\" class=\"ninja_table_row_15 nt_row_id_238\">\n            <td><p style=\"margin-left: 40px\">Endowment and life income investments<\/p><\/td><td><div align=\"right\">845,934,399<\/div><\/td><td><div align=\"right\">785,374,066<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"239\" class=\"ninja_table_row_16 nt_row_id_239\">\n            <td><p style=\"margin-left: 40px\">Investments for capital activities<\/p><\/td><td><div align=\"right\">339,549,277<\/div><\/td><td><div align=\"right\">426,683,893<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"240\" class=\"ninja_table_row_17 nt_row_id_240\">\n            <td><p style=\"margin-left: 40px\">Other long-term investments<\/p><\/td><td><div align=\"right\">315,413,514<\/div><\/td><td><div align=\"right\">297,559,736<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"241\" class=\"ninja_table_row_18 nt_row_id_241\">\n            <td><p style=\"margin-left: 40px\">Notes receivable, net<\/p><\/td><td><div align=\"right\">202,724,118<\/div><\/td><td><div align=\"right\">158,718,645<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"242\" class=\"ninja_table_row_19 nt_row_id_242\">\n            <td><p style=\"margin-left: 40px\">Student loans receivable, net<\/p><\/td><td><div align=\"right\">9,962,671<\/div><\/td><td><div align=\"right\">9,720,308<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"243\" class=\"ninja_table_row_20 nt_row_id_243\">\n            <td><p style=\"margin-left: 40px\">Pledges receivable, net<\/p><\/td><td><div align=\"right\">18,968,308<\/div><\/td><td><div align=\"right\">11,493,064<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"244\" class=\"ninja_table_row_21 nt_row_id_244\">\n            <td><p style=\"margin-left: 40px\">Capital assets, net<\/p><\/td><td><div align=\"right\">2,100,055,575<\/div><\/td><td><div align=\"right\">1,983,596,717<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"245\" class=\"ninja_table_row_22 nt_row_id_245\">\n            <td><p style=\"margin-left: 40px\">Other noncurrent assets<\/p><\/td><td><div align=\"right\">9,992,398<\/div><\/td><td><div align=\"right\">10,131,151<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"246\" class=\"ninja_table_row_23 nt_row_id_246\">\n            <td><p style=\"margin-left: 60px\"><font color=\"black\"> <strong>Total noncurrent assets<\/p><\/font><\/strong><\/td><td><div align=\"right\"><font color=\"black\"> <strong>3,845,999,816<\/font><\/strong><\/div><\/td><td><div align=\"right\"><font color=\"black\"> <strong>3,686,031,117<\/font><\/strong><\/div><\/td>        <\/tr>\n            <tr data-row_id=\"247\" class=\"ninja_table_row_24 nt_row_id_247\">\n            <td><p style=\"margin-left: 80px\"><font color=\"black\"> <strong>Total assets<\/p><\/font><\/strong><\/td><td><div align=\"right\"><font color=\"black\"> <strong>4,399,887,593<\/font><\/strong><\/div><\/td><td><div align=\"right\"><font color=\"black\"> <strong>4,272,624,435<\/font><\/strong><\/div><\/td>        <\/tr>\n            <tr data-row_id=\"248\" class=\"ninja_table_row_25 nt_row_id_248\">\n            <td><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"249\" class=\"ninja_table_row_26 nt_row_id_249\">\n            <td><H3><font color=\"#900\" font size=\"4\"> Deferred outflows of resources<\/font> <\/H3><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"250\" class=\"ninja_table_row_27 nt_row_id_250\">\n            <td><p style=\"margin-left: 40px\">Debt refundings<\/p><\/td><td><div align=\"right\">13,141,640<\/div><\/td><td><div align=\"right\">14,024,748<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"251\" class=\"ninja_table_row_28 nt_row_id_251\">\n            <td><p style=\"margin-left: 40px\">Pension and OPEB obligations<\/p><\/td><td><div align=\"right\">162,406,491<\/div><\/td><td><div align=\"right\">144,365,221<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"252\" class=\"ninja_table_row_29 nt_row_id_252\">\n            <td><p style=\"margin-left: 80px\"><font color=\"black\"> <strong>Total deferred outflows of resources<\/p><\/font><\/strong><\/td><td><div align=\"right\"><strong>175,548,131<\/div><\/strong><\/td><td><div align=\"right\"><strong>158,389,969<\/div><\/strong><\/td>        <\/tr>\n            <tr data-row_id=\"253\" class=\"ninja_table_row_30 nt_row_id_253\">\n            <td><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"254\" class=\"ninja_table_row_31 nt_row_id_254\">\n            <td><font color=\"black\"> <strong>Total assets and deferred outflows of resources<\/font><\/strong><\/td><td><div align=\"right\"><font color=\"black\"> <strong>$4,575,435,724<\/font><\/strong><\/div><\/td><td><div align=\"right\"><font color=\"black\"> <strong>$4,431,014,404<\/font><\/strong><\/div><\/td>        <\/tr>\n            <tr data-row_id=\"255\" class=\"ninja_table_row_32 nt_row_id_255\">\n            <td><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"256\" class=\"ninja_table_row_33 nt_row_id_256\">\n            <td><H3><font color=\"#900\" font size=\"4\"> Current liabilities<\/font> <\/H3><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"257\" class=\"ninja_table_row_34 nt_row_id_257\">\n            <td><p style=\"margin-left: 40px\">Accounts payable and accrued liabilities<\/p><\/td><td><div align=\"right\">$143,398,543<\/div><\/td><td><div align=\"right\">$144,556,466<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"258\" class=\"ninja_table_row_35 nt_row_id_258\">\n            <td><p style=\"margin-left: 40px\">Current portion of unearned revenue<\/p><\/td><td><div align=\"right\">306,806,133<\/div><\/td><td><div align=\"right\">304,119,075<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"259\" class=\"ninja_table_row_36 nt_row_id_259\">\n            <td><p style=\"margin-left: 40px\">Deposits<\/p><\/td><td><div align=\"right\">51,389,406<\/div><\/td><td><div align=\"right\">113,330,935<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"260\" class=\"ninja_table_row_37 nt_row_id_260\">\n            <td><p style=\"margin-left: 40px\">Current portion of long-term debt<\/p><\/td><td><div align=\"right\">32,681,257<\/div><\/td><td><div align=\"right\">32,336,590<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"261\" class=\"ninja_table_row_38 nt_row_id_261\">\n            <td><p style=\"margin-left: 60px\"><font color=\"black\"> <strong>Total current liabilities<\/p><\/font><\/strong><\/td><td><div align=\"right\"><font color=\"black\"> <strong>534,275,339<\/font><\/strong><\/div><\/td><td><div align=\"right\"><font color=\"black\"> <strong>594,343,066<\/font><\/strong><\/div><\/td>        <\/tr>\n            <tr data-row_id=\"262\" class=\"ninja_table_row_39 nt_row_id_262\">\n            <td><H3><font color=\"#900\" font size=\"4\"> Noncurrent liabilities<\/font> <\/H3><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"263\" class=\"ninja_table_row_40 nt_row_id_263\">\n            <td><p style=\"margin-left: 40px\">Federal advances - loan funds<\/p><\/td><td><div align=\"right\">9,894,351<\/div><\/td><td><div align=\"right\">9,691,088<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"264\" class=\"ninja_table_row_41 nt_row_id_264\">\n            <td><p style=\"margin-left: 40px\">Other liabilities<\/p><\/td><td><div align=\"right\">5,068,723<\/div><\/td><td><div align=\"right\">5,193,510<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"265\" class=\"ninja_table_row_42 nt_row_id_265\">\n            <td><p style=\"margin-left: 40px\">Unearned revenue<\/p><\/td><td><div align=\"right\">6,884,253<\/div><\/td><td><div align=\"right\">5,927,827<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"266\" class=\"ninja_table_row_43 nt_row_id_266\">\n            <td><p style=\"margin-left: 40px\">Long-term debt, net<\/p><\/td><td><div align=\"right\">1,005,691,287<\/div><\/td><td><div align=\"right\">1,041,305,641<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"267\" class=\"ninja_table_row_44 nt_row_id_267\">\n            <td><p style=\"margin-left: 40px\">Pension liability<\/p><\/td><td><div align=\"right\">565,233,000<\/div><\/td><td><div align=\"right\">623,398,000<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"268\" class=\"ninja_table_row_45 nt_row_id_268\">\n            <td><p style=\"margin-left: 40px\">OPEB liability<\/p><\/td><td><div align=\"right\">257,683,278<\/div><\/td><td><div align=\"right\">-<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"269\" class=\"ninja_table_row_46 nt_row_id_269\">\n            <td><p style=\"margin-left: 60px\"><font color=\"black\"> <strong>Total noncurrent liabilities<\/p><\/font><\/strong><\/td><td><div align=\"right\"><font color=\"black\"> <strong>1,850,454,892<\/font><\/strong><\/div><\/td><td><div align=\"right\"><font color=\"black\"> <strong>1,685,516,066<\/font><\/strong><\/div><\/td>        <\/tr>\n            <tr data-row_id=\"270\" class=\"ninja_table_row_47 nt_row_id_270\">\n            <td><p style=\"margin-left: 80px\"><font color=\"black\"> <strong>Total liabilities<\/p><\/font><\/strong><\/td><td><div align=\"right\"><font color=\"black\"> <strong>2,384,730,231<\/font><\/strong><\/div><\/td><td><div align=\"right\"><font color=\"black\"> <strong>2,279,859,132<\/font><\/strong><\/div><\/td>        <\/tr>\n            <tr data-row_id=\"271\" class=\"ninja_table_row_48 nt_row_id_271\">\n            <td><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"272\" class=\"ninja_table_row_49 nt_row_id_272\">\n            <td><H3><font color=\"#900\" font size=\"4\"> Deferred inflows of resources<\/font> <\/H3><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"273\" class=\"ninja_table_row_50 nt_row_id_273\">\n            <td><p style=\"margin-left: 40px\">Pension and OPEB obligations<\/p><\/td><td><div align=\"right\">86,757,158<\/div><\/td><td><div align=\"right\">16,054,000<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"274\" class=\"ninja_table_row_51 nt_row_id_274\">\n            <td><p style=\"margin-left: 40px\">Split interest - remainder interest<\/p><\/td><td><div align=\"right\">2,842,515<\/div><\/td><td><div align=\"right\">-<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"275\" class=\"ninja_table_row_52 nt_row_id_275\">\n            <td><p style=\"margin-left: 80px\"><font color=\"black\"> <strong>Total deferred inflows of resources<\/p><\/font><\/strong><\/td><td><div align=\"right\"><font color=\"black\"> <strong>89,599,673<\/font><\/strong><\/div><\/td><td><div align=\"right\"><font color=\"black\"> <strong>16,054,000<\/font><\/strong><\/div><\/td>        <\/tr>\n            <tr data-row_id=\"276\" class=\"ninja_table_row_53 nt_row_id_276\">\n            <td><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"277\" class=\"ninja_table_row_54 nt_row_id_277\">\n            <td><H3><font color=\"#900\" font size=\"4\"> Net position<\/font> <\/H3><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"278\" class=\"ninja_table_row_55 nt_row_id_278\">\n            <td><p style=\"margin-left: 40px\">Net investment in capital assets<\/p><\/td><td><div align=\"right\">1,151,792,864<\/div><\/td><td><div align=\"right\">1,076,735,303<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"279\" class=\"ninja_table_row_56 nt_row_id_279\">\n            <td><p style=\"margin-left: 40px\">Restricted<\/p><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"280\" class=\"ninja_table_row_57 nt_row_id_280\">\n            <td><p style=\"margin-left: 60px\">Nonexpendable<\/p><\/td><td><div align=\"right\">458,967,808<\/div><\/td><td><div align=\"right\">431,499,195<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"281\" class=\"ninja_table_row_58 nt_row_id_281\">\n            <td><p style=\"margin-left: 60px\">Expendable<\/p><\/td><td><div align=\"right\">432,404,952<\/div><\/td><td><div align=\"right\">386,414,207<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"282\" class=\"ninja_table_row_59 nt_row_id_282\">\n            <td><p style=\"margin-left: 40px\">Unrestricted<\/p><\/td><td><div align=\"right\">57,940,196<\/div><\/td><td><div align=\"right\">240,452,567<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"283\" class=\"ninja_table_row_60 nt_row_id_283\">\n            <td><p style=\"margin-left: 80px\"><font color=\"black\"> <strong>Total net position<\/p><\/font><\/strong><\/td><td><div align=\"right\"><font color=\"black\"> <strong>2,101,105,820<\/font><\/strong><\/div><\/td><td><div align=\"right\"><font color=\"black\"> <strong>2,135,101,272<\/font><\/strong><\/div><\/td>        <\/tr>\n            <tr data-row_id=\"284\" class=\"ninja_table_row_61 nt_row_id_284\">\n            <td><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"285\" class=\"ninja_table_row_62 nt_row_id_285\">\n            <td><font color=\"black\"> <strong>Total liabilities, deferred inflows of resources and net position<\/font><\/strong><\/td><td><div align=\"right\"><font color=\"black\"> <strong>$4,575,435,724<\/font><\/strong><\/div><\/td><td><div align=\"right\"><font color=\"black\"> <strong>$4,431,014,404<\/font><\/strong><\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1711\" class=\"ninja_table_row_63 nt_row_id_1711\">\n            <td> <\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"286\" class=\"ninja_table_row_64 nt_row_id_286\">\n            <td><a href= \"https:\/\/afr.ua.edu\/2018\/2018-2017-notes\/\" style=\"text-decoration: none;\"><i> <font color=\"#900\">See accompanying notes to financial statements. <\/a><\/font><\/i><\/p><\/td><td><\/td><td><\/td>        <\/tr>\n    <\/tbody><!--ninja_tobody_rendering_done-->\n    <\/table>\n    \n    \n    \n<\/div>\n<\/p>\n<div style=\"margin-top:30px;clear:both;\"><\/div><\/div><div style=\" background-color:whitesmoke; border-top:7px solid #990000;\" id=\"2018-financial-statements-tab-1\" class=\"rtbs_content\"><p><div id=\"footable_parent_96\"\n         class=\" footable_parent ninja_table_wrapper loading_ninja_table wp_table_data_press_parent semantic_ui \">\n                <table data-ninja_table_instance=\"ninja_table_instance_1\" data-footable_id=\"96\" data-filter-delay=\"1000\" aria-label=\"Statements of Revenue,s Expenses, and Changes in Net Position\"            id=\"footable_96\"\n           data-unique_identifier=\"ninja_table_unique_id_1180767366_96\"\n           class=\" foo-table ninja_footable foo_table_96 ninja_table_unique_id_1180767366_96 ui table  nt_type_legacy_table selectable striped vertical_centered  footable-paging-right ninja_table_search_disabled ninja_table_pro\">\n                <colgroup>\n                            <col class=\"ninja_column_0 \">\n                            <col class=\"ninja_column_1 \">\n                            <col class=\"ninja_column_2 \">\n                    <\/colgroup>\n        <thead>\n<tr class=\"footable-header\">\n                                                        <th scope=\"col\"  class=\"ninja_column_0 ninja_clmn_nm_ninja_column_1 \">\ufeff<H2><font color=\"#900\" >Statements of Revenues, Expenses, and Changes in Net Position<\/th><th scope=\"col\"  class=\"ninja_column_1 ninja_clmn_nm_218 \"><H3><font color=\"#900\" font size=\"5\"> <div align=\"right\">2018<\/font> <\/H3><\/th><th scope=\"col\"  class=\"ninja_column_2 ninja_clmn_nm_217 \"><H3><font color=\"#900\" font size=\"5\"> <div align=\"right\">2017<\/font> <\/H3><\/th><\/tr>\n<\/thead>\n<tbody>\n\n        <tr data-row_id=\"1709\" class=\"ninja_table_row_0 nt_row_id_1709\">\n            <td><H3><font color=\"#900\" font size=\"4\"> Operating Revenues <\/td><td><H3><font color=\"#900\" font size=\"4\"> <div align=\"right\"><\/td><td><H3><font color=\"#900\" font size=\"4\"> <div align=\"right\"><\/td>        <\/tr>\n            <tr data-row_id=\"288\" class=\"ninja_table_row_1 nt_row_id_288\">\n            <td><p style=\"margin-left: 40px\">Tuition and fees<\/p><\/td><td><div align=\"right\">$786,236,725<\/div><\/td><td><div align=\"right\">$719,840,321<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"289\" class=\"ninja_table_row_2 nt_row_id_289\">\n            <td><p style=\"margin-left: 60px\">Less: scholarship allowances<\/p><\/td><td><div align=\"right\">(269,470,952)<\/div><\/td><td><div align=\"right\">(237,079,280)<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"290\" class=\"ninja_table_row_3 nt_row_id_290\">\n            <td><p style=\"margin-left: 40px\">Tuition and fees, net<\/p><\/td><td><div align=\"right\">516,765,773<\/div><\/td><td><div align=\"right\">482,761,041<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"291\" class=\"ninja_table_row_4 nt_row_id_291\">\n            <td><p style=\"margin-left: 40px\">Grants and contracts<\/p><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"292\" class=\"ninja_table_row_5 nt_row_id_292\">\n            <td><p style=\"margin-left: 60px\">Federal<\/p><\/td><td><div align=\"right\">44,549,124<\/div><\/td><td><div align=\"right\">40,416,650<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"293\" class=\"ninja_table_row_6 nt_row_id_293\">\n            <td><p style=\"margin-left: 60px\">State<\/p><\/td><td><div align=\"right\">31,215,296<\/div><\/td><td><div align=\"right\">31,261,415<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"294\" class=\"ninja_table_row_7 nt_row_id_294\">\n            <td><p style=\"margin-left: 60px\">Local<\/p><\/td><td><div align=\"right\">991,806<\/div><\/td><td><div align=\"right\">1,016,793<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"295\" class=\"ninja_table_row_8 nt_row_id_295\">\n            <td><p style=\"margin-left: 60px\">Private<\/p><\/td><td><div align=\"right\">5,589,320<\/div><\/td><td><div align=\"right\">3,836,612<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"296\" class=\"ninja_table_row_9 nt_row_id_296\">\n            <td><p style=\"margin-left: 40px\">Sales and services of educational activities<\/p><\/td><td><div align=\"right\">12,644,047<\/div><\/td><td><div align=\"right\">12,776,616<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"297\" class=\"ninja_table_row_10 nt_row_id_297\">\n            <td><p style=\"margin-left: 40px\">Auxiliary sales & services, net of $6,466,887 in 2018<\/p><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"298\" class=\"ninja_table_row_11 nt_row_id_298\">\n            <td><p style=\"margin-left: 60px\">and $6,466,509 in 2017 of scholarship allowances  <\/p><\/td><td><div align=\"right\">200,256,134<\/div><\/td><td><div align=\"right\">202,333,172<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"299\" class=\"ninja_table_row_12 nt_row_id_299\">\n            <td><p style=\"margin-left: 40px\">Other operating revenues<\/p><\/td><td><div align=\"right\">63,073,638<\/div><\/td><td><div align=\"right\">59,247,356<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"300\" class=\"ninja_table_row_13 nt_row_id_300\">\n            <td><p style=\"margin-left: 60px\"><font color=\"black\"> <strong>Total operating revenues<\/p><\/font><\/strong><\/td><td><div align=\"right\"><font color=\"black\"> <strong>875,085,138<\/font><\/strong><\/div><\/td><td><div align=\"right\"><font color=\"black\"> <strong>833,649,655<\/font><\/strong><\/div><\/td>        <\/tr>\n            <tr data-row_id=\"301\" class=\"ninja_table_row_14 nt_row_id_301\">\n            <td><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"302\" class=\"ninja_table_row_15 nt_row_id_302\">\n            <td><H3><font color=\"#900\" font size=\"4\"> Operating expenses<\/font> <\/H3><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"303\" class=\"ninja_table_row_16 nt_row_id_303\">\n            <td><p style=\"margin-left: 40px\">Salaries, wages and benefits<\/p><\/td><td><div align=\"right\">699,755,982<\/div><\/td><td><div align=\"right\">666,320,083<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"304\" class=\"ninja_table_row_17 nt_row_id_304\">\n            <td><p style=\"margin-left: 40px\">Supplies and services<\/p><\/td><td><div align=\"right\">262,939,882<\/div><\/td><td><div align=\"right\">253,651,612<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"305\" class=\"ninja_table_row_18 nt_row_id_305\">\n            <td><p style=\"margin-left: 40px\">Depreciation<\/p><\/td><td><div align=\"right\">75,485,224<\/div><\/td><td><div align=\"right\">72,374,750<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"306\" class=\"ninja_table_row_19 nt_row_id_306\">\n            <td><p style=\"margin-left: 40px\">Scholarships and fellowships<\/p><\/td><td><div align=\"right\">23,685,641<\/div><\/td><td><div align=\"right\">24,573,373<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"307\" class=\"ninja_table_row_20 nt_row_id_307\">\n            <td><p style=\"margin-left: 60px\"><font color=\"black\"> <strong>Total operating expenses<\/p><\/font><\/strong><\/td><td><div align=\"right\"><font color=\"black\"> <strong>1,061,866,729<\/font><\/strong><\/div><\/td><td><div align=\"right\"><font color=\"black\"> <strong>1,016,919,818<\/font><\/strong><\/div><\/td>        <\/tr>\n            <tr data-row_id=\"308\" class=\"ninja_table_row_21 nt_row_id_308\">\n            <td><p style=\"margin-left: 80px\"><font color=\"black\"> <strong>Operating loss<\/p><\/font><\/strong><\/td><td><div align=\"right\"><font color=\"black\"> <strong>(186,781,591)<\/font><\/strong><\/div><\/td><td><div align=\"right\"><font color=\"black\"> <strong>(183,270,163)<\/font><\/strong><\/div><\/td>        <\/tr>\n            <tr data-row_id=\"309\" class=\"ninja_table_row_22 nt_row_id_309\">\n            <td><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"310\" class=\"ninja_table_row_23 nt_row_id_310\">\n            <td><H3><font color=\"#900\" font size=\"4\"> Nonoperating revenues (expenses)<\/font> <\/H3><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"311\" class=\"ninja_table_row_24 nt_row_id_311\">\n            <td><p style=\"margin-left: 40px\">State educational appropriations<\/p><\/td><td><div align=\"right\">156,742,802<\/div><\/td><td><div align=\"right\">154,836,324<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"312\" class=\"ninja_table_row_25 nt_row_id_312\">\n            <td><p style=\"margin-left: 40px\">Gifts<\/p><\/td><td><div align=\"right\">48,858,002<\/div><\/td><td><div align=\"right\">56,126,778<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"313\" class=\"ninja_table_row_26 nt_row_id_313\">\n            <td><p style=\"margin-left: 40px\">Grants<\/p><\/td><td><div align=\"right\">33,197,108<\/div><\/td><td><div align=\"right\">31,599,501<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"314\" class=\"ninja_table_row_27 nt_row_id_314\">\n            <td><p style=\"margin-left: 40px\">Investment income, net<\/p><\/td><td><div align=\"right\">90,064,841<\/div><\/td><td><div align=\"right\">159,687,169<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"315\" class=\"ninja_table_row_28 nt_row_id_315\">\n            <td><p style=\"margin-left: 40px\">Interest expense<\/p><\/td><td><div align=\"right\">(41,124,252)<\/div><\/td><td><div align=\"right\">(37,735,938)<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"316\" class=\"ninja_table_row_29 nt_row_id_316\">\n            <td><p style=\"margin-left: 40px\">Other nonoperating expenses, net<\/p><\/td><td><div align=\"right\">(1,603,514)<\/div><\/td><td><div align=\"right\">(1,636,955)<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"317\" class=\"ninja_table_row_30 nt_row_id_317\">\n            <td><p style=\"margin-left: 60px\"><font color=\"black\"> <strong>Net nonoperating revenues<\/p><\/font><\/strong><\/td><td><div align=\"right\"><font color=\"black\"> <strong>286,134,987<\/font><\/strong><\/div><\/td><td><div align=\"right\"><font color=\"black\"> <strong>362,876,879<\/font><\/strong><\/div><\/td>        <\/tr>\n            <tr data-row_id=\"318\" class=\"ninja_table_row_31 nt_row_id_318\">\n            <td><p style=\"margin-left: 80px\"><font color=\"black\"> <strong>Income before other changes in net position<\/p><\/font><\/strong><\/td><td><div align=\"right\"><font color=\"black\"> <strong>99,353,396<\/font><\/strong><\/div><\/td><td><div align=\"right\"><font color=\"black\"> <strong>179,606,716<\/font><\/strong><\/div><\/td>        <\/tr>\n            <tr data-row_id=\"319\" class=\"ninja_table_row_32 nt_row_id_319\">\n            <td><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"320\" class=\"ninja_table_row_33 nt_row_id_320\">\n            <td><H3><font color=\"#900\" font size=\"4\"> Other changes in net position<\/font> <\/H3><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"321\" class=\"ninja_table_row_34 nt_row_id_321\">\n            <td><p style=\"margin-left: 40px\">Capital gifts and grants<\/p><\/td><td><div align=\"right\">65,669,021<\/div><\/td><td><div align=\"right\">18,696,113<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"322\" class=\"ninja_table_row_35 nt_row_id_322\">\n            <td><p style=\"margin-left: 40px\">Additions to permanent endowments<\/p><\/td><td><div align=\"right\">24,899,225<\/div><\/td><td><div align=\"right\">23,675,029<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"323\" class=\"ninja_table_row_36 nt_row_id_323\">\n            <td><p style=\"margin-left: 40px\">Intragovernmental transfers<\/p><\/td><td><div align=\"right\">(1,140,054)<\/div><\/td><td><div align=\"right\">2,341,871<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"324\" class=\"ninja_table_row_37 nt_row_id_324\">\n            <td><p style=\"margin-left: 60px\"><font color=\"black\"> <strong>Net other changes in net position<\/p><\/font><\/strong><\/td><td><div align=\"right\"><font color=\"black\"> <strong>89,428,192<\/font><\/strong><\/div><\/td><td><div align=\"right\"><font color=\"black\"> <strong>44,713,013<\/font><\/strong><\/div><\/td>        <\/tr>\n            <tr data-row_id=\"325\" class=\"ninja_table_row_38 nt_row_id_325\">\n            <td><p style=\"margin-left: 80px\"><font color=\"black\"> <strong>Increase in net position<\/p><\/font><\/strong><\/td><td><div align=\"right\"><font color=\"black\"> <strong>188,781,588<\/font><\/strong><\/div><\/td><td><div align=\"right\"><font color=\"black\"> <strong>224,319,729<\/font><\/strong><\/div><\/td>        <\/tr>\n            <tr data-row_id=\"326\" class=\"ninja_table_row_39 nt_row_id_326\">\n            <td><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"327\" class=\"ninja_table_row_40 nt_row_id_327\">\n            <td><p style=\"margin-left: 40px\">Net position, beginning of year, as previously reported<\/p><\/td><td><div align=\"right\">2,135,101,272<\/div><\/td><td><div align=\"right\">1,910,781,543<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"328\" class=\"ninja_table_row_41 nt_row_id_328\">\n            <td><p style=\"margin-left: 40px\">Adoption of GASB 75 adjustment (note 1)<\/p><\/td><td><div align=\"right\">(222,777,040)<\/div><\/td><td><div align=\"right\">-<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"329\" class=\"ninja_table_row_42 nt_row_id_329\">\n            <td><p style=\"margin-left: 40px\"><font color=\"black\"> <strong>Net position, beginning of year, as restated, as of October 1, 2017<\/p><\/font><\/strong><\/td><td><div align=\"right\"><strong>1,912,324,232<\/div><\/strong><\/td><td><div align=\"right\"><strong>1,910,781,543<\/div><\/strong><\/td>        <\/tr>\n            <tr data-row_id=\"330\" class=\"ninja_table_row_43 nt_row_id_330\">\n            <td><p style=\"margin-left: 40px\"><font color=\"black\"> <strong>Net position, end of year<\/p><\/font><\/strong><\/td><td><div align=\"right\"><font color=\"black\"> <strong>$2,101,105,820<\/font><\/strong><\/div><\/td><td><div align=\"right\"><font color=\"black\"> <strong>$2,135,101,272<\/font><\/strong><\/div><\/td>        <\/tr>\n            <tr data-row_id=\"331\" class=\"ninja_table_row_44 nt_row_id_331\">\n            <td><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"332\" class=\"ninja_table_row_45 nt_row_id_332\">\n            <td><a href= \"https:\/\/afr.ua.edu\/2018\/2018-2017-notes\/\" style=\"text-decoration: none;\"><i> <font color=\"#900\">See accompanying notes to financial statements. <\/a><\/font><\/i><\/p><\/td><td><\/td><td><\/td>        <\/tr>\n    <\/tbody><!--ninja_tobody_rendering_done-->\n    <\/table>\n    \n    \n    \n<\/div>\n<\/p>\n<div style=\"margin-top:30px;clear:both;\"><\/div><\/div><div style=\" background-color:whitesmoke; border-top:7px solid #990000;\" id=\"2018-financial-statements-tab-2\" class=\"rtbs_content\"><p><div id=\"footable_parent_97\"\n         class=\" footable_parent ninja_table_wrapper loading_ninja_table wp_table_data_press_parent semantic_ui \">\n                <table data-ninja_table_instance=\"ninja_table_instance_2\" data-footable_id=\"97\" data-filter-delay=\"1000\" aria-label=\"Statement of Cash Flow .csv\"            id=\"footable_97\"\n           data-unique_identifier=\"ninja_table_unique_id_823448977_97\"\n           class=\" foo-table ninja_footable foo_table_97 ninja_table_unique_id_823448977_97 ui table  nt_type_legacy_table selectable striped vertical_centered  footable-paging-right ninja_table_search_disabled ninja_table_pro\">\n                <colgroup>\n                            <col class=\"ninja_column_0 \">\n                            <col class=\"ninja_column_1 \">\n                            <col class=\"ninja_column_2 \">\n                    <\/colgroup>\n        <thead>\n<tr class=\"footable-header\">\n                                                        <th scope=\"col\"  class=\"ninja_column_0 ninja_clmn_nm_ninja_column_1 \">\ufeff<H2><font color=\"#900\" > Statements of Cash Flows<\/font> <\/H2><\/th><th scope=\"col\"  class=\"ninja_column_1 ninja_clmn_nm_218 \">\ufeff<H2><font color=\"#900\"\"><div align=\"right\">2018<\/font><\/th><th scope=\"col\"  class=\"ninja_column_2 ninja_clmn_nm_217 \">\ufeff<H2><font color=\"#900\" > <div align=\"right\">2017<\/font><\/th><\/tr>\n<\/thead>\n<tbody>\n\n        <tr data-row_id=\"336\" class=\"ninja_table_row_0 nt_row_id_336\">\n            <td><H3><font color=\"#900\" font size=\"4\"> Cash flows from operating activities<\/font> <\/H3><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"337\" class=\"ninja_table_row_1 nt_row_id_337\">\n            <td><p style=\"margin-left: 40px\">Student tuition and fees, net<\/p><\/td><td><div align=\"right\">$509,631,284<\/div><\/td><td><div align=\"right\">$521,702,146<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"338\" class=\"ninja_table_row_2 nt_row_id_338\">\n            <td><p style=\"margin-left: 40px\">Grants and contracts<\/p><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"339\" class=\"ninja_table_row_3 nt_row_id_339\">\n            <td><p style=\"margin-left: 60px\">  Federal<\/p><\/td><td><div align=\"right\">45,360,194<\/div><\/td><td><div align=\"right\">40,825,048<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"340\" class=\"ninja_table_row_4 nt_row_id_340\">\n            <td><p style=\"margin-left: 60px\">  State<\/p><\/td><td><div align=\"right\">31,294,062<\/div><\/td><td><div align=\"right\">29,167,170<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"341\" class=\"ninja_table_row_5 nt_row_id_341\">\n            <td><p style=\"margin-left: 60px\">  Local<\/p><\/td><td><div align=\"right\">1,099,134<\/div><\/td><td><div align=\"right\">1,099,961<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"342\" class=\"ninja_table_row_6 nt_row_id_342\">\n            <td><p style=\"margin-left: 60px\">  Private<\/p><\/td><td><div align=\"right\">7,980,472<\/div><\/td><td><div align=\"right\">4,480,097<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"343\" class=\"ninja_table_row_7 nt_row_id_343\">\n            <td><p style=\"margin-left: 40px\">Sales and services of educational activities<\/p><\/td><td><div align=\"right\">12,714,093<\/div><\/td><td><div align=\"right\">12,738,611<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"344\" class=\"ninja_table_row_8 nt_row_id_344\">\n            <td><p style=\"margin-left: 40px\">Other receipts<\/p><\/td><td><div align=\"right\">62,146,385<\/div><\/td><td><div align=\"right\">59,335,624<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"345\" class=\"ninja_table_row_9 nt_row_id_345\">\n            <td><p style=\"margin-left: 40px\">Auxiliary enterprises<\/p><\/td><td><div align=\"right\">192,455,962<\/div><\/td><td><div align=\"right\">195,084,006<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"346\" class=\"ninja_table_row_10 nt_row_id_346\">\n            <td><p style=\"margin-left: 40px\">Payments to suppliers<\/p><\/td><td><div align=\"right\">(256,920,443)<\/div><\/td><td><div align=\"right\">(241,396,471)<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"347\" class=\"ninja_table_row_11 nt_row_id_347\">\n            <td><p style=\"margin-left: 40px\">Payments to employees and related benefits<\/p><\/td><td><div align=\"right\">(667,601,300)<\/div><\/td><td><div align=\"right\">(632,784,072)<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"348\" class=\"ninja_table_row_12 nt_row_id_348\">\n            <td><p style=\"margin-left: 40px\">Payments for scholarships and fellowships<\/p><\/td><td><div align=\"right\">(22,710,738)<\/div><\/td><td><div align=\"right\">(39,502,047)<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"349\" class=\"ninja_table_row_13 nt_row_id_349\">\n            <td><p style=\"margin-left: 40px\">Payments for student loans<\/p><\/td><td><div align=\"right\">(192,239)<\/div><\/td><td><div align=\"right\">(439,296)<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"350\" class=\"ninja_table_row_14 nt_row_id_350\">\n            <td><p style=\"margin-left: 40px\">Other disbursements<\/p><\/td><td><div align=\"right\">-<\/div><\/td><td><div align=\"right\">(1,897,487)<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"351\" class=\"ninja_table_row_15 nt_row_id_351\">\n            <td><font color=\"black\"> <strong>Net cash used in operating activities<\/font><\/strong><\/td><td><div align=\"right\"><font color=\"black\"> <strong>(84,743,134)<\/font><\/strong><\/div><\/td><td><div align=\"right\"><font color=\"black\"> <strong>(51,586,710)<\/font><\/strong><\/div><\/td>        <\/tr>\n            <tr data-row_id=\"352\" class=\"ninja_table_row_16 nt_row_id_352\">\n            <td><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"353\" class=\"ninja_table_row_17 nt_row_id_353\">\n            <td><H3><font color=\"#900\" font size=\"4\"> Cash flows from noncapital financing activities<\/font> <\/H3><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"354\" class=\"ninja_table_row_18 nt_row_id_354\">\n            <td><p style=\"margin-left: 40px\">State educational appropriations<\/p><\/td><td><div align=\"right\">156,742,802<\/div><\/td><td><div align=\"right\">154,836,324<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"355\" class=\"ninja_table_row_19 nt_row_id_355\">\n            <td><p style=\"margin-left: 40px\">Private gifts for other than capital purposes<\/p><\/td><td><div align=\"right\">73,339,194<\/div><\/td><td><div align=\"right\">82,279,502<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"356\" class=\"ninja_table_row_20 nt_row_id_356\">\n            <td><p style=\"margin-left: 40px\">Grants<\/p><\/td><td><div align=\"right\">33,197,108<\/div><\/td><td><div align=\"right\">31,599,501<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"357\" class=\"ninja_table_row_21 nt_row_id_357\">\n            <td><p style=\"margin-left: 40px\">Student direct lending receipts<\/p><\/td><td><div align=\"right\">212,187,107<\/div><\/td><td><div align=\"right\">207,562,707<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"358\" class=\"ninja_table_row_22 nt_row_id_358\">\n            <td><p style=\"margin-left: 40px\">Student direct lending disbursements<\/p><\/td><td><div align=\"right\">(213,239,044)<\/div><\/td><td><div align=\"right\">(207,745,641)<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"359\" class=\"ninja_table_row_23 nt_row_id_359\">\n            <td><p style=\"margin-left: 40px\">Deposits from affiliates<\/p><\/td><td><div align=\"right\">1,051,937<\/div><\/td><td><div align=\"right\">182,934<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"360\" class=\"ninja_table_row_24 nt_row_id_360\">\n            <td><p style=\"margin-left: 40px\">Other disbursements, net<\/p><\/td><td><div align=\"right\">(64,472,393)<\/div><\/td><td><div align=\"right\">(37,677,453)<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"361\" class=\"ninja_table_row_25 nt_row_id_361\">\n            <td><p style=\"margin-left: 40px\">Intragovernmental transfers<\/p><\/td><td><div align=\"right\">18,607,485<\/div><\/td><td><div align=\"right\">(20,913,965)<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"362\" class=\"ninja_table_row_26 nt_row_id_362\">\n            <td><p style=\"margin-left: 40px\">Borrowings from UA System Pools<\/p><\/td><td><div align=\"right\">60,000,000<\/div><\/td><td><div align=\"right\">30,000,000<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"363\" class=\"ninja_table_row_27 nt_row_id_363\">\n            <td><p style=\"margin-left: 40px\">Repayment to UA System Pools<\/p><\/td><td><div align=\"right\">(60,000,000)<\/div><\/td><td><div align=\"right\">(30,000,000)<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"364\" class=\"ninja_table_row_28 nt_row_id_364\">\n            <td><p style=\"margin-left: 40px\">Interest payments on UA System Pools borrowings<\/p><\/td><td><div align=\"right\">(123,288)<\/div><\/td><td><div align=\"right\">(72,583)<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"365\" class=\"ninja_table_row_29 nt_row_id_365\">\n            <td><font color=\"black\"> <strong>Net cash provided by noncapital financing activities<\/font><\/strong><\/td><td><div align=\"right\"><font color=\"black\"> <strong>217,290,908<\/div><\/font><\/strong><\/td><td><div align=\"right\"><font color=\"black\"> <strong>210,051,326<\/div><\/font><\/strong><\/td>        <\/tr>\n            <tr data-row_id=\"366\" class=\"ninja_table_row_30 nt_row_id_366\">\n            <td><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"367\" class=\"ninja_table_row_31 nt_row_id_367\">\n            <td><H3><font color=\"#900\" font size=\"4\"> Cash flows from investing activities<\/font> <\/H3><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"368\" class=\"ninja_table_row_32 nt_row_id_368\">\n            <td><p style=\"margin-left: 40px\">Interest and dividends on investments<\/p><\/td><td><div align=\"right\">57,920,858<\/div><\/td><td><div align=\"right\">55,813,223<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"369\" class=\"ninja_table_row_33 nt_row_id_369\">\n            <td><p style=\"margin-left: 40px\">Purchases of investments<\/p><\/td><td><div align=\"right\">(231,689,720)<\/div><\/td><td><div align=\"right\">(373,688,186)<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"370\" class=\"ninja_table_row_34 nt_row_id_370\">\n            <td><p style=\"margin-left: 40px\">Proceeds from sales and maturities of investments<\/p><\/td><td><div align=\"right\">313,525,498<\/div><\/td><td><div align=\"right\">196,157,600<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"371\" class=\"ninja_table_row_35 nt_row_id_371\">\n            <td><p style=\"margin-left: 40px\">Payments received on notes receivable<\/p><\/td><td><div align=\"right\">8,909,243<\/div><\/td><td><div align=\"right\">9,438,006<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"372\" class=\"ninja_table_row_36 nt_row_id_372\">\n            <td><p style=\"margin-left: 40px\">Disbursements from issuance of notes receivable<\/p><\/td><td><div align=\"right\">(31,755,125)<\/div><\/td><td><div align=\"right\">(26,561,996)<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"373\" class=\"ninja_table_row_37 nt_row_id_373\">\n            <td><font color=\"black\"> <strong>Net cash provided by (used in) investing activities<\/font><\/strong><\/td><td><div align=\"right\"><font color=\"black\"> <strong>116,910,754<\/div><\/font><\/strong><\/td><td><div align=\"right\"><font color=\"black\"> <strong>(138,841,353)<\/div><\/font><\/strong><\/td>        <\/tr>\n            <tr data-row_id=\"374\" class=\"ninja_table_row_38 nt_row_id_374\">\n            <td><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"375\" class=\"ninja_table_row_39 nt_row_id_375\">\n            <td><H3><font color=\"#900\" font size=\"4\"> Cash flows from capital and related financing activities<\/font> <\/H3><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"376\" class=\"ninja_table_row_40 nt_row_id_376\">\n            <td><p style=\"margin-left: 40px\">Proceeds from issuance of notes and bonds payable<\/p><\/td><td><div align=\"right\">-<\/div><\/td><td><div align=\"right\">208,311,002<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"377\" class=\"ninja_table_row_41 nt_row_id_377\">\n            <td><p style=\"margin-left: 40px\">Capital gifts, grants and contracts<\/p><\/td><td><div align=\"right\">30,803,352<\/div><\/td><td><div align=\"right\">17,335,495<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"378\" class=\"ninja_table_row_42 nt_row_id_378\">\n            <td><p style=\"margin-left: 40px\">Purchases of capital assets<\/p><\/td><td><div align=\"right\">(190,799,629)<\/div><\/td><td><div align=\"right\">(126,044,665)<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"379\" class=\"ninja_table_row_43 nt_row_id_379\">\n            <td><p style=\"margin-left: 40px\">Principal payments on capital debt<\/p><\/td><td><div align=\"right\">(29,970,290)<\/div><\/td><td><div align=\"right\">(22,569,826)<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"380\" class=\"ninja_table_row_44 nt_row_id_380\">\n            <td><p style=\"margin-left: 40px\">Defeasance of debt<\/p><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"381\" class=\"ninja_table_row_45 nt_row_id_381\">\n            <td><p style=\"margin-left: 40px\">Interest payments on capital debt<\/p><\/td><td><div align=\"right\">(42,128,445)<\/div><\/td><td><div align=\"right\">(39,945,192)<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"382\" class=\"ninja_table_row_46 nt_row_id_382\">\n            <td><p style=\"margin-left: 40px\">Intragovernmental transfers<\/p><\/td><td><div align=\"right\">(198,786)<\/div><\/td><td><div align=\"right\">5,567,625<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"383\" class=\"ninja_table_row_47 nt_row_id_383\">\n            <td><font color=\"black\"> <strong>Net cash used in capital and related financing activities<\/font><\/strong><\/td><td><div align=\"right\"><font color=\"black\"> <strong>(232,293,798)<\/font><\/strong><\/div><\/td><td><div align=\"right\"><font color=\"black\"> <strong>(19,117,636)<\/font><\/strong><\/div><\/td>        <\/tr>\n            <tr data-row_id=\"384\" class=\"ninja_table_row_48 nt_row_id_384\">\n            <td><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"385\" class=\"ninja_table_row_49 nt_row_id_385\">\n            <td><font color=\"black\"> <strong>Net increase in cash and cash equivalents<\/font><\/strong><\/td><td><div align=\"right\"><font color=\"black\"> <strong>17,164,730<\/div><\/font><\/strong><\/td><td><div align=\"right\"><font color=\"black\"> <strong>505,627<\/div><\/font><\/strong><\/td>        <\/tr>\n            <tr data-row_id=\"386\" class=\"ninja_table_row_50 nt_row_id_386\">\n            <td><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"387\" class=\"ninja_table_row_51 nt_row_id_387\">\n            <td><font color=\"black\"> <strong>Cash and cash equivalents, beginning of year<\/font><\/strong><\/td><td><div align=\"right\"><font color=\"black\"> <strong>61,619,074<\/div><\/font><\/strong><\/td><td><div align=\"right\"><font color=\"black\"> <strong>61,113,447<\/div><\/font><\/strong><\/td>        <\/tr>\n            <tr data-row_id=\"388\" class=\"ninja_table_row_52 nt_row_id_388\">\n            <td><font color=\"black\"> <strong>Cash and cash equivalents, end of year<\/font><\/strong><\/td><td><div align=\"right\"><font color=\"black\"> <strong>$78,783,804<\/div><\/font><\/strong><\/td><td><div align=\"right\"><font color=\"black\"> <strong>$61,619,074<\/div><\/font><\/strong><\/td>        <\/tr>\n            <tr data-row_id=\"389\" class=\"ninja_table_row_53 nt_row_id_389\">\n            <td><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"1669\" class=\"ninja_table_row_54 nt_row_id_1669\">\n            <td><h3><font color=\"#900\" size=\"4\">Reconciliation of Cash and Cash equivalencies to the statements of net position<\/font><\/h3><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"1670\" class=\"ninja_table_row_55 nt_row_id_1670\">\n            <td><p style=\"margin-left: 40px\">Unrestricted cash and cash equivalents-current <\/td><td><div align=\"right\">$71,893,409<\/td><td><div align=\"right\">$51,380,071<\/td>        <\/tr>\n            <tr data-row_id=\"1671\" class=\"ninja_table_row_56 nt_row_id_1671\">\n            <td><p style=\"margin-left: 40px\">Restricted cash and cash equivalencies-current and noncurrent <\/td><td><div align=\"right\">6,890,395<\/td><td><div align=\"right\">10,239,003<\/td>        <\/tr>\n            <tr data-row_id=\"1672\" class=\"ninja_table_row_57 nt_row_id_1672\">\n            <td>Total cash and cash equivalents <\/td><td><div align=\"right\">$78,783,804<\/td><td><div align=\"right\">$61,619,074<\/td>        <\/tr>\n            <tr data-row_id=\"391\" class=\"ninja_table_row_58 nt_row_id_391\">\n            <td><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"392\" class=\"ninja_table_row_59 nt_row_id_392\">\n            <td><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"1673\" class=\"ninja_table_row_60 nt_row_id_1673\">\n            <td><H3><font color=\"#900\" font size=\"5\"> Reconciliation of operating loss to net cash used in operating activities <\/font> <\/H3><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"1674\" class=\"ninja_table_row_61 nt_row_id_1674\">\n            <td><p style=\"margin-left: 40px\">Operating loss<\/p><\/td><td><div align=\"right\">$ (186,781,591)<\/div><\/td><td><div align=\"right\">$ (183,270,163)<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1675\" class=\"ninja_table_row_62 nt_row_id_1675\">\n            <td><p style=\"margin-left: 60px\">Adjustments to reconcile operating loss to net cash used in operating activities<\/p><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"1677\" class=\"ninja_table_row_63 nt_row_id_1677\">\n            <td><p style=\"margin-left: 80px\">Depreciation expense<\/p><\/td><td><div align=\"right\">75,485,224<\/div><\/td><td><div align=\"right\">72,374,750<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1678\" class=\"ninja_table_row_64 nt_row_id_1678\">\n            <td><p style=\"margin-left: 80px\">Pension expense<\/p><\/td><td><div align=\"right\">62,225,221<\/div><\/td><td><div align=\"right\">76,777,201)<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1679\" class=\"ninja_table_row_65 nt_row_id_1679\">\n            <td><p style=\"margin-left: 80px\">OPEB expense<\/p><\/td><td><div align=\"right\">23,184,939<\/div><\/td><td><div align=\"right\">-<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1680\" class=\"ninja_table_row_66 nt_row_id_1680\">\n            <td><p style=\"margin-left: 80px\">Bad debt expense<\/p><\/td><td><div align=\"right\">430,220<\/div><\/td><td><div align=\"right\">1,482,708<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1681\" class=\"ninja_table_row_67 nt_row_id_1681\">\n            <td><p style=\"margin-left: 80px\">Changes in assets and liabilities <\/p><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"1682\" class=\"ninja_table_row_68 nt_row_id_1682\">\n            <td><p style=\"margin-left: 90px\">Accounts and other receivables<\/p><\/td><td><div align=\"right\">(15,486,951)<\/div><\/td><td><div align=\"right\">(2,465,406)<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1683\" class=\"ninja_table_row_69 nt_row_id_1683\">\n            <td><p style=\"margin-left: 90px\">Inventories and other assets<\/p><\/td><td><div align=\"right\">4,885,059<\/div><\/td><td><div align=\"right\">(14,723,212<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1684\" class=\"ninja_table_row_70 nt_row_id_1684\">\n            <td><p style=\"margin-left: 90px\">Pension obligations<\/p><\/td><td><div align=\"right\">(48,018,757)<\/div><\/td><td><div align=\"right\">(45,024,221)<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1685\" class=\"ninja_table_row_71 nt_row_id_1685\">\n            <td><p style=\"margin-left: 90px\">  OPEB obligations<\/p><\/td><td><div align=\"right\">(7,988,277)<\/div><\/td><td><div align=\"right\">-<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1686\" class=\"ninja_table_row_72 nt_row_id_1686\">\n            <td><p style=\"margin-left: 90px\">  Accounts payable and accrued liabilities<\/p><\/td><td><div align=\"right\">6,692,309<\/div><\/td><td><div align=\"right\">8,773,073<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1687\" class=\"ninja_table_row_73 nt_row_id_1687\">\n            <td><p style=\"margin-left: 90px\">  Unearned revenue<\/p><\/td><td><div align=\"right\">1,5903,482<\/div><\/td><td><div align=\"right\">34,488,560<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1688\" class=\"ninja_table_row_74 nt_row_id_1688\">\n            <td><p style=\"margin-left: 90px\">Deposits<\/p><\/td><td><div align=\"right\">(964,012)<\/div><\/td><td><div align=\"right\">-<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1689\" class=\"ninja_table_row_75 nt_row_id_1689\">\n            <td><font color=\"black\"> <strong>Net cash used in operating activities<\/font><\/strong><\/td><td><div align=\"right\"><font color=\"black\"> <strong>(84,743,134)<\/font><\/strong><\/div><\/td><td><div align=\"right\"><font color=\"black\"> <strong>(51,586,710)<\/font><\/strong><\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1690\" class=\"ninja_table_row_76 nt_row_id_1690\">\n            <td><H3><font color=\"#900\" font size=\"5\"> Supplemental noncash activities information<\/font> <\/H3><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"1691\" class=\"ninja_table_row_77 nt_row_id_1691\">\n            <td><p style=\"margin-left: 40px\">Gift of capital assets<\/p><\/td><td><div align=\"right\">$29,323,327<\/div><\/td><td><div align=\"right\">$5,984,061<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1692\" class=\"ninja_table_row_78 nt_row_id_1692\">\n            <td><p style=\"margin-left: 40px\">Change in accrued capital asset purchases<\/p><\/td><td><div align=\"right\">(8,695,462)<\/div><\/td><td><div align=\"right\">7,148,721<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1693\" class=\"ninja_table_row_79 nt_row_id_1693\">\n            <td><p style=\"margin-left: 40px\">Loss on the disposal of capital assets<\/p><\/td><td><div align=\"right\">(8,695,462)<\/div><\/td><td><div align=\"right\">7,148,721<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1694\" class=\"ninja_table_row_80 nt_row_id_1694\">\n            <td><p style=\"margin-left: 40px\">Gain on the disposal of capital assets<\/p><\/td><td><div align=\"right\">2,404,900<\/div><\/td><td><div align=\"right\">-<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1695\" class=\"ninja_table_row_81 nt_row_id_1695\">\n            <td><p style=\"margin-left: 40px\">Crimson Tide Foundation<\/p><\/td><td><div align=\"right\">2,848,889<\/div><\/td><td><div align=\"right\">2,722,854<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1712\" class=\"ninja_table_row_82 nt_row_id_1712\">\n            <td> <\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"1713\" class=\"ninja_table_row_83 nt_row_id_1713\">\n            <td><a href= \"https:\/\/afr.ua.edu\/2018\/2018-2017-notes\/\" style=\"text-decoration: none;\"><i> <font color=\"#900\">See accompanying notes to financial statements. <\/a><\/font><\/i><\/p><\/td><td><\/td><td><\/td>        <\/tr>\n    <\/tbody><!--ninja_tobody_rendering_done-->\n    <\/table>\n    \n    \n    \n<\/div>\n<\/p>\n<div style=\"margin-top:30px;clear:both;\"><\/div><\/div><div style=\" background-color:whitesmoke; border-top:7px solid #990000;\" id=\"2018-financial-statements-tab-3\" class=\"rtbs_content\"><p>\t\t\t\t\t\t<style>\r\n\t\t\t\t<style>\r\n#wpsm_accordion_147 .wpsm_panel-heading{\r\n\tpadding:0px !important;\r\n}\r\n#wpsm_accordion_147 .wpsm_panel-title {\r\n\tmargin:0px !important; \r\n\ttext-transform:none !important;\r\n\tline-height: 1 !important;\r\n}\r\n#wpsm_accordion_147 .wpsm_panel-title a{\r\n\ttext-decoration:none;\r\n\toverflow:hidden;\r\n\tdisplay:block;\r\n\tpadding:0px;\r\n\tfont-size: 18px !important;\r\n\tfont-family: Open Sans !important;\r\n\tcolor:#ffffff !important;\r\n\tborder-bottom:0px !important;\r\n}\r\n\r\n#wpsm_accordion_147 .wpsm_panel-title a:focus {\r\noutline: 0px !important;\r\n}\r\n\r\n#wpsm_accordion_147 .wpsm_panel-title a:hover, #wpsm_accordion_147 .wpsm_panel-title a:focus {\r\n\tcolor:#ffffff !important;\r\n}\r\n#wpsm_accordion_147 .acc-a{\r\n\tcolor: #ffffff !important;\r\n\tbackground-color:#9e1b32 !important;\r\n\tborder-color: #ddd;\r\n}\r\n#wpsm_accordion_147 .wpsm_panel-default > .wpsm_panel-heading{\r\n\tcolor: #ffffff !important;\r\n\tbackground-color: #9e1b32 !important;\r\n\tborder-color: #9e1b32 !important;\r\n\tborder-top-left-radius: 0px;\r\n\tborder-top-right-radius: 0px;\r\n}\r\n#wpsm_accordion_147 .wpsm_panel-default {\r\n\t\tborder:1px solid transparent !important;\r\n\t}\r\n#wpsm_accordion_147 {\r\n\tmargin-bottom: 20px;\r\n\toverflow: hidden;\r\n\tfloat: none;\r\n\twidth: 100%;\r\n\tdisplay: block;\r\n}\r\n#wpsm_accordion_147 .ac_title_class{\r\n\tdisplay: block;\r\n\tpadding-top: 12px;\r\n\tpadding-bottom: 12px;\r\n\tpadding-left: 15px;\r\n\tpadding-right: 15px;\r\n}\r\n#wpsm_accordion_147  .wpsm_panel {\r\n\toverflow:hidden;\r\n\t-webkit-box-shadow: 0 0px 0px rgba(0, 0, 0, .05);\r\n\tbox-shadow: 0 0px 0px rgba(0, 0, 0, .05);\r\n\t\tborder-radius: 4px;\r\n\t}\r\n#wpsm_accordion_147  .wpsm_panel + .wpsm_panel {\r\n\t\tmargin-top: 5px;\r\n\t}\r\n#wpsm_accordion_147  .wpsm_panel-body{\r\n\tbackground-color:#ffffff !important;\r\n\tcolor:#000000 !important;\r\n\tborder-top-color: #9e1b32 !important;\r\n\tfont-size:16px !important;\r\n\tfont-family: Open Sans !important;\r\n\toverflow: hidden;\r\n\t\tborder: 2px solid transparent !important;\r\n\t}\r\n\r\n#wpsm_accordion_147 .ac_open_cl_icon{\r\n\tbackground-color:#9e1b32 !important;\r\n\tcolor: #ffffff !important;\r\n\tfloat:left !important;\r\n\tpadding-top: 12px !important;\r\n\tpadding-bottom: 12px !important;\r\n\tline-height: 1.0 !important;\r\n\tpadding-left: 15px !important;\r\n\tpadding-right: 15px !important;\r\n\tdisplay: inline-block !important;\r\n}\r\n\r\n\t\t\t\r\n\t\t\t<\/style>\t\r\n\t\t\t<\/style>\r\n\t\t\t<div class=\"wpsm_panel-group\" id=\"wpsm_accordion_147\" >\r\n\t\t\t\t\t\t\t\t\r\n\t\t\t\t\t<!-- Inner panel Start -->\r\n\t\t\t\t\t<div class=\"wpsm_panel wpsm_panel-default\">\r\n\t\t\t\t\t\t<div class=\"wpsm_panel-heading\" role=\"tab\" >\r\n\t\t\t\t\t\t  <h4 class=\"wpsm_panel-title\">\r\n\t\t\t\t\t\t\t<a  class=\"\"  data-toggle=\"collapse\" data-parent=\"\" href=\"javascript:void(0)\" data-target=\"#ac_147_collapse1\" onclick=\"do_resize()\">\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"ac_open_cl_icon fa fa-plus\"><\/span>\r\n\t\t\t\t\t\t\t\t\t\r\n\t\t\t\t\t\t\t\t \r\n\t\t\t\t\t\t\t\t<span class=\"ac_title_class\">\r\n\t\t\t\t\t\t\t\t\tDiscretely Presented Component Units - Statements of Net Position\t\t\t\t\t\t\t\t<\/span>\r\n\t\t\t\t\t\t\t<\/a>\r\n\t\t\t\t\t\t  <\/h4>\r\n\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t<div id=\"ac_147_collapse1\" class=\"wpsm_panel-collapse collapse \"  >\r\n\t\t\t\t\t\t  <div class=\"wpsm_panel-body\">\r\n\t\t\t\t\t\t\t<div id=\"footable_parent_148\"\n         class=\" footable_parent ninja_table_wrapper loading_ninja_table wp_table_data_press_parent semantic_ui \">\n                <table data-ninja_table_instance=\"ninja_table_instance_3\" data-footable_id=\"148\" data-filter-delay=\"1000\" aria-label=\"Summary of Discretely Presented Component Units- Statements of Nest Position.csv\"            id=\"footable_148\"\n           data-unique_identifier=\"ninja_table_unique_id_1018139746_148\"\n           class=\" foo-table ninja_footable foo_table_148 ninja_table_unique_id_1018139746_148 ui table  nt_type_legacy_table selectable striped compact  footable-paging-right ninja_table_search_disabled ninja_table_pro\">\n                <colgroup>\n                            <col class=\"ninja_column_0 \">\n                            <col class=\"ninja_column_1 \">\n                            <col class=\"ninja_column_2 \">\n                    <\/colgroup>\n        <thead>\n<tr class=\"footable-header\">\n                                                        <th scope=\"col\"  class=\"ninja_column_0 ninja_clmn_nm_ninja_column_1 \"><font color=\"#900\" size=\"4\"> Discretely Presented Component Units  <\/font><\/th><th scope=\"col\"  class=\"ninja_column_1 ninja_clmn_nm_218 \"><font color=\"#900\" size=\"4\"><div align=\"right\">2018<\/font><\/th><th scope=\"col\"  class=\"ninja_column_2 ninja_clmn_nm_217 \"><font color=\"#900\" size=\"4\" ><div align=\"right\">2017<\/font><\/th><\/tr>\n<\/thead>\n<tbody>\n\n        <tr data-row_id=\"1608\" class=\"ninja_table_row_0 nt_row_id_1608\">\n            <td><H3><font color=\"#900\" size=\"4\"> Assets<\/font> <\/H3><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"1609\" class=\"ninja_table_row_1 nt_row_id_1609\">\n            <td>Current assets<\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"1610\" class=\"ninja_table_row_2 nt_row_id_1610\">\n            <td><p style=\"margin-left: 40px\">Unrestricted cash and cash equivalents<\/p><\/td><td><div align=\"right\">$3,647,285<\/div><\/td><td><div align=\"right\">$2,975,405<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1611\" class=\"ninja_table_row_3 nt_row_id_1611\">\n            <td><p style=\"margin-left: 40px\">Restricted cash and cash equivalents<\/p><\/td><td><div align=\"right\">22,473,898<\/div><\/td><td><div align=\"right\">20,561,006<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1612\" class=\"ninja_table_row_4 nt_row_id_1612\">\n            <td><p style=\"margin-left: 40px\">Short-term investments<\/p><\/td><td><div align=\"right\">28,638,285<\/div><\/td><td><div align=\"right\">29,130,205<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1613\" class=\"ninja_table_row_5 nt_row_id_1613\">\n            <td><p style=\"margin-left: 40px\">Accounts receivable, net<\/p><\/td><td><div align=\"right\">2,915,815<\/div><\/td><td><div align=\"right\">3,191,442<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1614\" class=\"ninja_table_row_6 nt_row_id_1614\">\n            <td><p style=\"margin-left: 40px\">Current portion of notes receivable, net<\/p><\/td><td><div align=\"right\">965,951<\/div><\/td><td><div align=\"right\">931,715<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1615\" class=\"ninja_table_row_7 nt_row_id_1615\">\n            <td><p style=\"margin-left: 40px\">Current portion of pledges receivable, net<\/p><\/td><td><div align=\"right\">373,514<\/div><\/td><td><div align=\"right\">162,898<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1616\" class=\"ninja_table_row_8 nt_row_id_1616\">\n            <td><p style=\"margin-left: 40px\">Inventories<\/p><\/td><td><div align=\"right\">689,809<\/div><\/td><td><div align=\"right\">698,958<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1617\" class=\"ninja_table_row_9 nt_row_id_1617\">\n            <td><p style=\"margin-left: 40px\">Prepaid expenses and unearned scholarships<\/p><\/td><td><div align=\"right\">150,389<\/div><\/td><td><div align=\"right\">117,810<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1618\" class=\"ninja_table_row_10 nt_row_id_1618\">\n            <td><p style=\"margin-left: 40px\">Other current assets<\/p><\/td><td><div align=\"right\">1,503<\/div><\/td><td><div align=\"right\">-<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1619\" class=\"ninja_table_row_11 nt_row_id_1619\">\n            <td><p style=\"margin-left: 40px\">Due from The University of Alabama<\/p><\/td><td><div align=\"right\">244,123<\/div><\/td><td><div align=\"right\">326,070<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1620\" class=\"ninja_table_row_12 nt_row_id_1620\">\n            <td><font color=\"black\"> <strong><p style=\"margin-left: 60px\">Total current assets<\/p><\/td><td><font color=\"black\"> <strong><div align=\"right\">60,100,572<\/div><\/td><td><font color=\"black\"> <strong><div align=\"right\">58,095,509<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1621\" class=\"ninja_table_row_13 nt_row_id_1621\">\n            <td><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"1622\" class=\"ninja_table_row_14 nt_row_id_1622\">\n            <td><H3><font color=\"#900\" font size=\"4\"> Noncurrent assets<\/font> <\/H3><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"1623\" class=\"ninja_table_row_15 nt_row_id_1623\">\n            <td><p style=\"margin-left: 40px\">Restricted cash and cash equivalents<\/p><\/td><td><div align=\"right\">6,230,169<\/div><\/td><td><div align=\"right\">6,230,169<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1624\" class=\"ninja_table_row_16 nt_row_id_1624\">\n            <td><p style=\"margin-left: 40px\">Endowment investments<\/p><\/td><td><div align=\"right\">100,011,872<\/div><\/td><td><div align=\"right\">90,945,688<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1625\" class=\"ninja_table_row_17 nt_row_id_1625\">\n            <td><p style=\"margin-left: 40px\">Other long-term investments<\/p><\/td><td><div align=\"right\">29,991,897<\/div><\/td><td><div align=\"right\">33,348,222<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1626\" class=\"ninja_table_row_18 nt_row_id_1626\">\n            <td><p style=\"margin-left: 40px\">Pledges receivable, net<\/p><\/td><td><div align=\"right\">407,517<\/div><\/td><td><div align=\"right\">268,712<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1627\" class=\"ninja_table_row_19 nt_row_id_1627\">\n            <td><p style=\"margin-left: 40px\">Capital assets, net<\/p><\/td><td><div align=\"right\">73,450,939<\/div><\/td><td><div align=\"right\">73,713,699<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1628\" class=\"ninja_table_row_20 nt_row_id_1628\">\n            <td><p style=\"margin-left: 40px\">Other noncurrent assets<\/p><\/td><td><div align=\"right\">161,698<\/div><\/td><td><div align=\"right\">192,395<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1629\" class=\"ninja_table_row_21 nt_row_id_1629\">\n            <td><p style=\"margin-left: 60px\">Total noncurrent assets<\/p><\/td><td><div align=\"right\">210,254,092<\/div><\/td><td><div align=\"right\">204,698,885<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1630\" class=\"ninja_table_row_22 nt_row_id_1630\">\n            <td><p style=\"margin-left: 80px\"><font color=\"black\"> <strong>Total assets<\/font><\/strong><\/p><\/td><td><div align=\"right\"><font color=\"black\"> <strong>270,354,664<\/font><\/strong><\/div><\/td><td><div align=\"right\"><font color=\"black\"> <strong>262,794,394<\/font><\/strong><\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1631\" class=\"ninja_table_row_23 nt_row_id_1631\">\n            <td><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"1632\" class=\"ninja_table_row_24 nt_row_id_1632\">\n            <td><font color=\"black\"> <strong>Deferred outflows of resources<\/font><\/strong><\/td><td><div align=\"right\">10,865,687<\/div><\/td><td><div align=\"right\">11,728,486<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1633\" class=\"ninja_table_row_25 nt_row_id_1633\">\n            <td><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"1634\" class=\"ninja_table_row_26 nt_row_id_1634\">\n            <td><font color=\"black\"> <strong>Total assets and deferred outflows of resources<\/font><\/strong><\/td><td><div align=\"right\"><font color=\"black\"> <strong>$281,220,351<\/font><\/strong><\/div><\/td><td><div align=\"right\"><font color=\"black\"> <strong>$274,522,880<\/font><\/strong><\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1635\" class=\"ninja_table_row_27 nt_row_id_1635\">\n            <td><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"1636\" class=\"ninja_table_row_28 nt_row_id_1636\">\n            <td><H3><font color=\"#900\" font size=\"4\"> Liabilities<\/font> <\/H3><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"1637\" class=\"ninja_table_row_29 nt_row_id_1637\">\n            <td>Current liabilities<\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"1638\" class=\"ninja_table_row_30 nt_row_id_1638\">\n            <td><p style=\"margin-left: 40px\">Accounts payable and accrued liabilities<\/p><\/td><td><div align=\"right\">$3,115,863<\/div><\/td><td><div align=\"right\">$3,157,821<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1639\" class=\"ninja_table_row_31 nt_row_id_1639\">\n            <td><p style=\"margin-left: 40px\">Unearned revenue<\/p><\/td><td><div align=\"right\">4,109,071<\/div><\/td><td><div align=\"right\">4,433,415<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1640\" class=\"ninja_table_row_32 nt_row_id_1640\">\n            <td><p style=\"margin-left: 40px\">Current portion of long-term debt<\/p><\/td><td><div align=\"right\">3,754,622<\/div><\/td><td><div align=\"right\">3,701,670<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1641\" class=\"ninja_table_row_33 nt_row_id_1641\">\n            <td><p style=\"margin-left: 40px\">Due to The University of Alabama<\/p><\/td><td><div align=\"right\">1,948,485<\/div><\/td><td><div align=\"right\">1,295,734<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1642\" class=\"ninja_table_row_34 nt_row_id_1642\">\n            <td><font color=\"black\"> <strong><p style=\"margin-left: 60px\">Total current liabilities<\/p><\/td><td><font color=\"black\"> <strong><div align=\"right\">12,928,041<\/div><\/td><td><font color=\"black\"> <strong><div align=\"right\">12,588,640<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1643\" class=\"ninja_table_row_35 nt_row_id_1643\">\n            <td><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"1644\" class=\"ninja_table_row_36 nt_row_id_1644\">\n            <td><H3><font color=\"#900\" font size=\"4\"> Noncurrent liabilities<\/font> <\/H3><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"1645\" class=\"ninja_table_row_37 nt_row_id_1645\">\n            <td><p style=\"margin-left: 40px\">Other liabilities<\/p><\/td><td><div align=\"right\">5,388,899<\/div><\/td><td><div align=\"right\">6,054,548<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1646\" class=\"ninja_table_row_38 nt_row_id_1646\">\n            <td><p style=\"margin-left: 40px\">Long-term debt, net<\/p><\/td><td><div align=\"right\">90,442,557<\/div><\/td><td><div align=\"right\">94,197,179<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1647\" class=\"ninja_table_row_39 nt_row_id_1647\">\n            <td><p style=\"margin-left: 40px\">Due to The University of Alabama<\/p><\/td><td><div align=\"right\">9,141,536<\/div><\/td><td><div align=\"right\">8,960,261<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1648\" class=\"ninja_table_row_40 nt_row_id_1648\">\n            <td><font color=\"black\"> <strong><p style=\"margin-left: 60px\">Total noncurrent liabilities<\/p><\/td><td><font color=\"black\"> <strong><div align=\"right\">104,972,992<\/div><\/td><td><font color=\"black\"> <strong><div align=\"right\">109,211,988<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1649\" class=\"ninja_table_row_41 nt_row_id_1649\">\n            <td><p style=\"margin-left: 80px\"><font color=\"black\"> <strong>Total liabilities<\/font><\/strong><\/p><\/td><td><div align=\"right\"><font color=\"black\"> <strong>117,901,033<\/font><\/strong><\/div><\/td><td><div align=\"right\"><font color=\"black\"> <strong>121,800,628<\/font><\/strong><\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1650\" class=\"ninja_table_row_42 nt_row_id_1650\">\n            <td><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"1651\" class=\"ninja_table_row_43 nt_row_id_1651\">\n            <td><font color=\"black\"> <strong>Deferred inflows of resources<\/font><\/strong><\/td><td><div align=\"right\">4,400,000<\/div><\/td><td><div align=\"right\">4,400,000<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1652\" class=\"ninja_table_row_44 nt_row_id_1652\">\n            <td><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"1653\" class=\"ninja_table_row_45 nt_row_id_1653\">\n            <td><H3><font color=\"#900\" font size=\"4\"> Net position<\/font> <\/H3><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"1654\" class=\"ninja_table_row_46 nt_row_id_1654\">\n            <td><p style=\"margin-left: 40px\">Net investment in capital assets<\/p><\/td><td><div align=\"right\">828,230<\/div><\/td><td><div align=\"right\">(1,382,427)<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1655\" class=\"ninja_table_row_47 nt_row_id_1655\">\n            <td><p style=\"margin-left: 40px\">Restricted<\/p><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"1656\" class=\"ninja_table_row_48 nt_row_id_1656\">\n            <td><p style=\"margin-left: 60px\">Nonexpendable<\/p><\/td><td><div align=\"right\">61,254,669<\/div><\/td><td><div align=\"right\">56,621,799<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1657\" class=\"ninja_table_row_49 nt_row_id_1657\">\n            <td><p style=\"margin-left: 60px\">Expendable<\/p><\/td><td><div align=\"right\">35,175,259<\/div><\/td><td><div align=\"right\">30,704,686<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1658\" class=\"ninja_table_row_50 nt_row_id_1658\">\n            <td><p style=\"margin-left: 40px\">Unrestricted<\/p><\/td><td><div align=\"right\">61,661,160<\/div><\/td><td><div align=\"right\">62,378,194<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1659\" class=\"ninja_table_row_51 nt_row_id_1659\">\n            <td><p style=\"margin-left: 80px\"><font color=\"black\"> <strong>Total net position<\/font><\/strong><\/p><\/td><td><div align=\"right\"><strong><font color=\"black\">158,919,318<\/div><\/strong><\/font><\/td><td><div align=\"right\"><strong><font color=\"black\">148,322,252<\/div><\/strong><\/font><\/td>        <\/tr>\n            <tr data-row_id=\"1660\" class=\"ninja_table_row_52 nt_row_id_1660\">\n            <td><font color=\"black\"> <strong>Total liabilities, deferred inflows of resources, and net position<\/font><\/strong><\/td><td><div align=\"right\"><font color=\"black\"> <strong>$281,220,351<\/font><\/strong><\/div><\/td><td><div align=\"right\"><font color=\"black\"> <strong>$274,522,880<\/font><\/strong><\/div><\/td>        <\/tr>\n            <tr data-row_id=\"1661\" class=\"ninja_table_row_53 nt_row_id_1661\">\n            <td><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"1662\" class=\"ninja_table_row_54 nt_row_id_1662\">\n            <td><i>See accompanying notes to financial statements.<\/i><\/td><td><\/td><td><\/td>        <\/tr>\n    <\/tbody><!--ninja_tobody_rendering_done-->\n    <\/table>\n    \n    \n    \n<\/div>\n\t\t\t\t\t\t  <\/div>\r\n\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t<\/div>\r\n\t\t\t\t\t<!-- Inner panel End -->\r\n\t\t\t\t\t\r\n\t\t\t\t\t\t\t\t\r\n\t\t\t\t\t<!-- Inner panel Start -->\r\n\t\t\t\t\t<div class=\"wpsm_panel wpsm_panel-default\">\r\n\t\t\t\t\t\t<div class=\"wpsm_panel-heading\" role=\"tab\" >\r\n\t\t\t\t\t\t  <h4 class=\"wpsm_panel-title\">\r\n\t\t\t\t\t\t\t<a  class=\"collapsed\"  data-toggle=\"collapse\" data-parent=\"\" href=\"javascript:void(0)\" data-target=\"#ac_147_collapse2\" onclick=\"do_resize()\">\r\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"ac_open_cl_icon fa fa-plus\"><\/span>\r\n\t\t\t\t\t\t\t\t\t\r\n\t\t\t\t\t\t\t\t \r\n\t\t\t\t\t\t\t\t<span class=\"ac_title_class\">\r\n\t\t\t\t\t\t\t\t\tDiscretely Presented Component Units - Statements of Revenues, Expenses and Changes in Net Position\t\t\t\t\t\t\t\t<\/span>\r\n\t\t\t\t\t\t\t<\/a>\r\n\t\t\t\t\t\t  <\/h4>\r\n\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t\t<div id=\"ac_147_collapse2\" class=\"wpsm_panel-collapse collapse \"  >\r\n\t\t\t\t\t\t  <div class=\"wpsm_panel-body\">\r\n\t\t\t\t\t\t\t<div id=\"footable_parent_99\"\n         class=\" footable_parent ninja_table_wrapper loading_ninja_table wp_table_data_press_parent semantic_ui \">\n                <table data-ninja_table_instance=\"ninja_table_instance_4\" data-footable_id=\"99\" data-filter-delay=\"1000\" aria-label=\"Summary of Discretely Presented Component Units - Statements of Revenues, Expenses and Changes in Net Position\"            id=\"footable_99\"\n           data-unique_identifier=\"ninja_table_unique_id_1779453824_99\"\n           class=\" foo-table ninja_footable foo_table_99 ninja_table_unique_id_1779453824_99 ui table  nt_type_legacy_table selectable striped compact  footable-paging-right ninja_table_search_disabled ninja_table_pro\">\n                <colgroup>\n                            <col class=\"ninja_column_0 \">\n                            <col class=\"ninja_column_1 \">\n                            <col class=\"ninja_column_2 \">\n                    <\/colgroup>\n        <thead>\n<tr class=\"footable-header\">\n                                                        <th scope=\"col\"  class=\"ninja_column_0 ninja_clmn_nm_ninja_column_1 \"><font color=\"#900\" size=\"4\" > Discretely Presented Component Units\ufeff<\/font><\/th><th scope=\"col\"  class=\"ninja_column_1 ninja_clmn_nm_218 \"><font color=\"#900\" size=\"4\"><div align=\"right\">2018<\/font><\/th><th scope=\"col\"  class=\"ninja_column_2 ninja_clmn_nm_217 \"><font color=\"#900\" size=\"4\"><div align=\"right\">2017<\/font><\/th><\/tr>\n<\/thead>\n<tbody>\n\n        <tr data-row_id=\"449\" class=\"ninja_table_row_0 nt_row_id_449\">\n            <td><H3><font color=\"#900\" font size=\"4\"> Operating revenues<\/font> <\/H3><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"450\" class=\"ninja_table_row_1 nt_row_id_450\">\n            <td><p style=\"margin-left: 40px\">Gifts<\/p><\/td><td><div align=\"right\">$11,695,462<\/div><\/td><td><div align=\"right\">$11,354,981<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"451\" class=\"ninja_table_row_2 nt_row_id_451\">\n            <td><p style=\"margin-left: 40px\">Other operating revenues<\/p><\/td><td><div align=\"right\">34,339,248<\/div><\/td><td><div align=\"right\">36,267,943<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"452\" class=\"ninja_table_row_3 nt_row_id_452\">\n            <td><font color=\"black\"> <strong><p style=\"margin-left: 60px\">Total operating revenues<\/p><\/td><td><font color=\"black\"> <strong><div align=\"right\">46,034,710<\/div><\/td><td><font color=\"black\"> <strong><div align=\"right\">47,622,924<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"453\" class=\"ninja_table_row_4 nt_row_id_453\">\n            <td><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"454\" class=\"ninja_table_row_5 nt_row_id_454\">\n            <td><H3><font color=\"#900\" font size=\"4\"> Operating expenses<\/font> <\/H3><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"455\" class=\"ninja_table_row_6 nt_row_id_455\">\n            <td><p style=\"margin-left: 40px\">Salaries, wages and benefits<\/p><\/td><td><div align=\"right\">13,109,304<\/div><\/td><td><div align=\"right\">13,731,958<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"456\" class=\"ninja_table_row_7 nt_row_id_456\">\n            <td><p style=\"margin-left: 40px\">Supplies and services<\/p><\/td><td><div align=\"right\">15,285,886<\/div><\/td><td><div align=\"right\">13,386,962<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"457\" class=\"ninja_table_row_8 nt_row_id_457\">\n            <td><p style=\"margin-left: 40px\">Depreciation<\/p><\/td><td><div align=\"right\">2,528,173<\/div><\/td><td><div align=\"right\">2,462,601<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"458\" class=\"ninja_table_row_9 nt_row_id_458\">\n            <td><p style=\"margin-left: 40px\">Scholarships and fellowships<\/p><\/td><td><div align=\"right\">3,709,686<\/div><\/td><td><div align=\"right\">3,546,438<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"459\" class=\"ninja_table_row_10 nt_row_id_459\">\n            <td><p style=\"margin-left: 40px\">Contributed services from affiliate<\/p><\/td><td><div align=\"right\">2,561,840<\/div><\/td><td><div align=\"right\">2,717,710<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"460\" class=\"ninja_table_row_11 nt_row_id_460\">\n            <td><p style=\"margin-left: 60px\"><font color=\"black\"> <strong>Total operating expenses<\/font><\/strong><\/p><\/td><td><div align=\"right\"><font color=\"black\"> <strong>37,194,889<\/font><\/strong><\/div><\/td><td><div align=\"right\"><font color=\"black\"> <strong>35,845,669<\/font><\/strong><\/div><\/td>        <\/tr>\n            <tr data-row_id=\"461\" class=\"ninja_table_row_12 nt_row_id_461\">\n            <td><p style=\"margin-left: 60px\"><font color=\"black\"> <strong>Operating income<\/font><\/strong><\/p><\/td><td><div align=\"right\"><font color=\"black\"> <strong>8,839,821<\/font><\/strong><\/div><\/td><td><div align=\"right\"><font color=\"black\"> <strong>11,777,255<\/font><\/strong><\/div><\/td>        <\/tr>\n            <tr data-row_id=\"462\" class=\"ninja_table_row_13 nt_row_id_462\">\n            <td><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"463\" class=\"ninja_table_row_14 nt_row_id_463\">\n            <td><H3><font color=\"#900\" font size=\"4\"> Nonoperating revenues (expenses)<\/font> <\/H3><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"464\" class=\"ninja_table_row_15 nt_row_id_464\">\n            <td><p style=\"margin-left: 40px\">Investment income, net<\/p><\/td><td><div align=\"right\">9,389,679<\/div><\/td><td><div align=\"right\">10,966,282<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"465\" class=\"ninja_table_row_16 nt_row_id_465\">\n            <td><p style=\"margin-left: 40px\">Interest expense<\/p><\/td><td><div align=\"right\">(3,377,111)<\/div><\/td><td><div align=\"right\">(3,423,896)<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"466\" class=\"ninja_table_row_17 nt_row_id_466\">\n            <td><p style=\"margin-left: 40px\">Contributions to The University of Alabama<\/p><\/td><td><div align=\"right\">(6,772,358)<\/div><\/td><td><div align=\"right\">(2,527,238)<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"467\" class=\"ninja_table_row_18 nt_row_id_467\">\n            <td><p style=\"margin-left: 40px\">Change in value of split-interest agreements<\/p><\/td><td><div align=\"right\">(28,174)<\/div><\/td><td><div align=\"right\">(276,557)<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"468\" class=\"ninja_table_row_19 nt_row_id_468\">\n            <td><p style=\"margin-left: 40px\">Contributed services from affiliate<\/p><\/td><td><div align=\"right\">2,561,840<\/div><\/td><td><div align=\"right\">2,717,710<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"469\" class=\"ninja_table_row_20 nt_row_id_469\">\n            <td><p style=\"margin-left: 40px\">Other nonoperating expenses<\/p><\/td><td><div align=\"right\">(16,631)<\/div><\/td><td><div align=\"right\">(1,585,409)<\/div><\/td>        <\/tr>\n            <tr data-row_id=\"470\" class=\"ninja_table_row_21 nt_row_id_470\">\n            <td><p style=\"margin-left: 60px\"><font color=\"black\"> <strong>Net nonoperating revenues<\/font><\/strong><\/p><\/td><td><div align=\"right\"><font color=\"black\"> <strong>1,757,245<\/font><\/strong><\/div><\/td><td><div align=\"right\"><font color=\"black\"> <strong>5,870,892<\/font><\/strong><\/div><\/td>        <\/tr>\n            <tr data-row_id=\"471\" class=\"ninja_table_row_22 nt_row_id_471\">\n            <td><p style=\"margin-left: 60px\"><font color=\"black\"> <strong>Increase in net position<\/font><\/strong><\/p><\/td><td><div align=\"right\"><font color=\"black\"> <strong>10,597,066<\/font><\/strong><\/div><\/td><td><div align=\"right\"><font color=\"black\"> <strong>17,648,147<\/font><\/strong><\/div><\/td>        <\/tr>\n            <tr data-row_id=\"472\" class=\"ninja_table_row_23 nt_row_id_472\">\n            <td><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"473\" class=\"ninja_table_row_24 nt_row_id_473\">\n            <td><p style=\"margin-left: 40px\"><font color=\"black\"> <strong>Net position, beginning of year<\/font><\/strong><\/p><\/td><td><div align=\"right\"><font color=\"black\"> <strong>148,322,252<\/font><\/strong><\/div><\/td><td><div align=\"right\"><font color=\"black\"> <strong>130,674,105<\/font><\/strong><\/div><\/td>        <\/tr>\n            <tr data-row_id=\"474\" class=\"ninja_table_row_25 nt_row_id_474\">\n            <td><p style=\"margin-left: 40px\"><font color=\"black\"> <strong>Net position, end of year<\/font><\/strong><\/p><\/td><td><div align=\"right\"><font color=\"black\"> <strong>$158,919,318<\/font><\/strong><\/div><\/td><td><div align=\"right\"><font color=\"black\"> <strong>$148,322,252<\/font><\/strong><\/div><\/td>        <\/tr>\n            <tr data-row_id=\"475\" class=\"ninja_table_row_26 nt_row_id_475\">\n            <td><\/td><td><\/td><td><\/td>        <\/tr>\n            <tr data-row_id=\"476\" class=\"ninja_table_row_27 nt_row_id_476\">\n            <td><a href= \"https:\/\/afr.ua.edu\/2018\/2018-2017-notes\/\" style=\"text-decoration: none;\"><i> <font color=\"#900\">See accompanying notes to financial statements. <\/a><\/font><\/i><\/p><\/td><td><\/td><td><\/td>        <\/tr>\n    <\/tbody><!--ninja_tobody_rendering_done-->\n    <\/table>\n    \n    \n    \n<\/div>\n\t\t\t\t\t\t  <\/div>\r\n\t\t\t\t\t\t<\/div>\r\n\t\t\t\t\t<\/div>\r\n\t\t\t\t\t<!-- Inner panel End -->\r\n\t\t\t\t\t\r\n\t\t\t\t\t\t\t<\/div>\r\n\t\t\t\r\n<script type=\"text\/javascript\">\r\n\t\r\n\t\tfunction do_resize(){\r\n\r\n\t\t\tvar width=jQuery( '.wpsm_panel .wpsm_panel-body iframe' ).width();\r\n\t\t\tvar height=jQuery( 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\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":3,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"page-templates\/full-width.php","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"class_list":["post-45","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/afr.ua.edu\/2018\/wp-json\/wp\/v2\/pages\/45","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/afr.ua.edu\/2018\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/afr.ua.edu\/2018\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/afr.ua.edu\/2018\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/afr.ua.edu\/2018\/wp-json\/wp\/v2\/comments?post=45"}],"version-history":[{"count":2,"href":"https:\/\/afr.ua.edu\/2018\/wp-json\/wp\/v2\/pages\/45\/revisions"}],"predecessor-version":[{"id":149,"href":"https:\/\/afr.ua.edu\/2018\/wp-json\/wp\/v2\/pages\/45\/revisions\/149"}],"wp:attachment":[{"href":"https:\/\/afr.ua.edu\/2018\/wp-json\/wp\/v2\/media?parent=45"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}