Capital assets are capitalized and recorded at cost at the date of acquisition or at estimated acquisition value at the date received if gifted to the University. Capital assets as of September 30, 2020 are summarized as follows:
| 2020 | Balance 10/1/2019 | Additions | Retirements/Transfers | Balance 9/30/2020 |
| Nondepreciable capital assets: | ||||
| Land | $81,661,516 | $454,728 | - | $82,116,244 |
| Collections | 27,125,575 | 212,467 | (4,000) | 27,334,042 |
| Intangible assets | 58,746,214 | - | - | 58,746,214 |
| Construction in progress | 85,044,898 | 238,146,963 | (192,573,639) | 130,618,222 |
| Total nondepreciable capital assets | 252,578,203 | 238,814,158 | (192,577,639) | 298,814,722 |
| Depreciable capital assets: | ||||
| Land improvements | 87,720,577 | 1,035,474 | - | 88,756,051 |
| Infrastructure | 132,666,836 | 15,070,518 | - | 147,737,354 |
| Buildings and fixed equipment | 2,228,157,286 | 191,984,008 | - | 2,420,141,294 |
| Equipment | 208,624,235 | 30,484,489 | (8,512,945) | 230,595,779 |
| Library materials | 127,083,866 | 583,708 | - | 127,667,574 |
| Intangible assets | 61,842,203 | 196,000 | (822,717) | 61,215,486 |
| Total depreciable capital assets | 2,846,095,003 | 239,354,197 | (9,335,662) | 3,076,113,538 |
| Less accumulated depreciation: | ||||
| Land improvements | 30,759,371 | 4,274,960 | - | 35,034,331 |
| Infrastructure | 36,726,620 | 6,533,675 | - | 43,260,295 |
| Buildings and fixed equipment | 559,952,127 | 50,585,409 | - | 610,537,536 |
| Equipment | 129,252,458 | 15,453,359 | (6,266,322) | 138,439,495 |
| Library materials | 111,255,082 | 2,758,208 | - | 114,013,290 |
| Intangible assets | 57,730,180 | 2,090,258 | (822,717) | 58,997,721 |
| Total accumulated depreciation | 925,675,838 | 81,695,869 | (7,089,039) | 1,000,282,668 |
| Total depreciable capital assets, net | 1,920,419,165 | 157,658,328 | (2,246,623) | 2,075,830,870 |
| Total capital assets, net | $2,172,997,368 | $396,472,486 | ($194,824,262) | $2,374,645,592 |
Capital assets of September 30, 2019 are summarized as follows:
| 2019 | Balance 10/1/2018 | Additions | Retirements/Transfers | Balance 9/30/2018 |
| Nondepreciable capital assets: | ||||
| Land | $81,247,943 | $436,395 | ($22,822) | $81,661,516 |
| Collections | 27,085,059 | 515,270 | (474,754) | 27,125,575 |
| Intangible assets | 57,164,451 | 1,581,763 | - | 58,746,214 |
| Construction in progress | 110,448,650 | 133,946,989 | (159,317,440) | 85,078,199 |
| Total nondepreciable capital assets | 242,705,536 | 210,561,653 | (177,321,086) | 275,946,103 |
| Depreciable capital assets: | ||||
| Land improvements | 82,998,648 | 4,721,929 | - | 87,720,577 |
| Infrastructure | 123,925,482 | 8,741,354 | - | 132,666,836 |
| Buildings and fixed equipment | 2,088,737,274 | 141,474,653 | (2,054,641) | 2,228,157,286 |
| Equipment | 195,353,540 | 19,696,531 | (6,459,137) | 208,590,934 |
| Library materials | 126,313,541 | 770,325 | - | 127,083,866 |
| Intangible assets | 60,590,297 | 1,251,906 | - | 61,842,203 |
| Total depreciable capital assets | 2,677,918,782 | 176,656,698 | (8,513,778) | 2,846,061,702 |
| Less accumulated depreciation: | ||||
| Land improvements | 26,629,580 | 4,129,791 | - | 30,759,371 |
| Infrastructure | 30,627,614 | 6,099,006 | - | 36,726,620 |
| Buildings and fixed equipment | 513,809,086 | 47,808,194 | (1,665,153) | 559,952,127 |
| Equipment | 119,910,039 | 14,676,669 | (5,334,250) | 129,252,458 |
| Library materials | 108,385,808 | 2,869,274 | - | 111,255,082 |
| Intangible assets | 54,447,183 | 3,282,997 | - | 57,730,180 |
| Total accumulated depreciation | 853,809,310 | 78,865,931 | (6,999,403) | 925,675,838 |
| Total depreciable capital assets, net | 1,824,109,472 | 97,790,767 | (1,514,375) | 1,920,385,864 |
| Total capital assets, net | $2,100,055,575 | $234,271,184 | ($161,329,391) | $2,172,997,368 |
