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Property and Equipment, net
3 Months Ended
Dec. 31, 2014
Property, Plant and Equipment [Abstract]  
Property and Equipment, net
Property and Equipment, net
Property and equipment, net consisted of the following:
 
 
 
Depreciable
Lives (in years)
 
December 31,
2014
 
September 30,
2014
Land
 
 
$
1,456

 
$
1,456

Building and building improvements
 
35
 
50,360

 
50,306

Leasehold improvements
 
1-28
 
43,664

 
38,906

Training equipment
 
3-10
 
86,258

 
85,673

Office and computer equipment
 
3-10
 
37,740

 
37,271

Software developed for internal use
 
3-5
 
11,874

 
11,888

Curriculum development
 
5
 
18,716

 
18,716

Vehicles
 
5
 
1,217

 
1,207

Construction in progress
 
 
6,543

 
10,746

 
 
 
 
257,828

 
256,169

Less accumulated depreciation and amortization
 
 
 
(154,172
)
 
(149,242
)
 
 
 
 
$
103,656

 
$
106,927



At December 31, 2014, construction in progress included $3.3 million related primarily to the design and construction of our Long Beach, California campus.

The following amounts, which are included in the above table, represent assets financed by financing obligations:
 
 
December 31,
2014
 
September 30,
2014
Buildings and building improvements
 
$
33,500

 
$
33,500

Construction in progress
 

 
4,638

Assets financed by financing obligations, gross
 
33,500

 
38,138

Less accumulated depreciation and amortization
 
(2,016
)
 
(1,551
)
Assets financed by financing obligations, net
 
$
31,484

 
$
36,587



As previously disclosed, in 2014 we entered into amended lease agreements for certain buildings on our Orlando, Florida campus, which extended the lease terms to August 31, 2022 and modified the scheduled rental payments. Additionally, one of the amendments included a provision which allowed us to expand the square footage at one building by approximately 13,500 square feet. Construction occurred during June through October 2014. For accounting purposes, we were considered the owner during the construction period, and during that period, the existing building and the addition were considered one unit of account.

Accordingly, as of September 30, 2014, we recorded the existing building and a corresponding short-term financing obligation of approximately $4.6 million on our condensed consolidated balance sheet. The facility was placed into service effective November 1, 2014. We determined that we do not have continuing involvement after the construction period was complete, and that the lease will be accounted for as an operating lease. Accordingly, the asset and the corresponding short-term financing obligation were derecognized from our December 31, 2014 condensed consolidated balance sheet.