| Schedule of Segment Reporting Information, by Segment [Text Block] |
BUSINESS SEGMENT INFORMATION
The Company reports four segments: U.S. federal, central U.S. region, other U.S. regions and Canada. Each segment provides customers with energy efficiency and renewable energy solutions. The other U.S. regions segment is an aggregation of four regions: northeast U.S., southeast U.S., southwest U.S. and northwest U.S. These regions have similar economic characteristics — in particular, expected and actual gross profit margins. In addition, they sell products and services of a similar nature, serve similar types of customers and use similar methods to distribute their products and services. Accordingly, these four regions meet the aggregation criteria set forth in ASC 280, Segment Reporting. The "all other" category includes activities, such as O&M and sales of renewable energy and certain other renewable energy products, that are managed centrally at the Company's corporate headquarters. It also includes all corporate operating expenses — salaries and benefits, project development costs, and general, administrative and other — not specifically allocated to the segments. The Company does not allocate any indirect expenses to the segments. For the three months ended September 30, 2010 and 2011 unallocated corporate expenses were $7,712,229 and $10,259,457, respectively. Income before taxes and unallocated corporate expenses for all other for the three months ended September 30, 2010 and 2011 was $866,405 and $194,499, respectively. For the nine months ended September 30, 2010 and 2011, unallocated corporate expenses were $21,700,187 and $28,636,642, respectively. Income before taxes and unallocated corporate expenses for all other for the nine months ended September 30, 2010 and 2011 was $9,671,347 and $7,564,040, respectively. The accounting policies are the same as those described in the summary of significant accounting policies (see Note 2).
Ameresco, Inc. and Subsidiaries
Segment Reporting
Three Months Ending September 30, 2011
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U.S. Federal |
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Central U.S. Region |
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Other U.S. Regions |
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Canada |
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All Other |
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Total |
Total revenue |
$ |
28,525,581 |
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$ |
32,206,277 |
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$ |
96,496,756 |
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$ |
37,235,830 |
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$ |
33,339,124 |
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$ |
227,803,568 |
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Interest income |
$ |
— |
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$ |
— |
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$ |
— |
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$ |
2 |
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$ |
90,650 |
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$ |
90,652 |
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Interest expense |
$ |
— |
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$ |
— |
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$ |
— |
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$ |
172 |
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$ |
1,343,612 |
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$ |
1,343,784 |
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Depreciation and amortization of intangible assets |
$ |
47,112 |
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$ |
(2,231 |
) |
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$ |
— |
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$ |
416,104 |
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$ |
3,561,966 |
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$ |
4,022,951 |
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Income (loss) before taxes |
$ |
2,393,199 |
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$ |
4,326,876 |
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$ |
17,116,611 |
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$ |
1,277,048 |
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$ |
(10,064,958 |
) |
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$ |
15,048,776 |
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Total assets |
$ |
250,568,886 |
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$ |
20,482,833 |
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$ |
309,664,125 |
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$ |
73,491,855 |
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$ |
134,225,914 |
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$ |
788,433,613 |
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Capital expenditures |
$ |
95,389 |
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$ |
3,469 |
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$ |
1,226,426 |
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$ |
833,666 |
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$ |
15,541,724 |
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$ |
17,700,674 |
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Ameresco, Inc. and Subsidiaries
Segment Reporting
Three Months Ending September 30, 2010
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U.S. Federal |
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Central U.S. Region |
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Other U.S. Regions |
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Canada |
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All Other |
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Total |
Total revenue |
$ |
53,278,830 |
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$ |
37,541,875 |
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$ |
40,486,208 |
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$ |
33,466,031 |
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$ |
27,128,485 |
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$ |
191,901,429 |
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Interest income |
$ |
— |
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$ |
— |
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$ |
— |
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$ |
5,058 |
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$ |
1,170 |
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$ |
6,228 |
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Interest expense |
$ |
— |
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$ |
— |
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$ |
— |
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$ |
855 |
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$ |
1,842,596 |
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$ |
1,843,451 |
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Depreciation |
$ |
19,855 |
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$ |
2,399 |
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$ |
— |
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$ |
103,970 |
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$ |
4,669,797 |
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$ |
4,796,021 |
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Income (loss) before taxes |
$ |
8,060,725 |
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$ |
6,436,116 |
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$ |
6,558,649 |
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$ |
2,693,902 |
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$ |
(6,845,824 |
) |
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$ |
16,903,568 |
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Total assets |
$ |
174,640,659 |
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$ |
24,709,712 |
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$ |
122,388,247 |
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$ |
65,692,668 |
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$ |
161,078,922 |
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$ |
548,510,208 |
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Capital expenditures |
$ |
23,573 |
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$ |
26,927 |
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$ |
697,471 |
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$ |
4,722,434 |
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$ |
7,823,067 |
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$ |
13,293,472 |
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Ameresco, Inc. and Subsidiaries
Segment Reporting
Nine Months Ending September 30, 2011
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U.S. Federal |
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Central U.S. Region |
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Other U.S. Regions |
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Canada |
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All Other |
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Total |
Total revenue |
$ |
109,090,632 |
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$ |
71,466,960 |
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$ |
185,531,536 |
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$ |
88,735,802 |
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$ |
84,880,350 |
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$ |
539,705,280 |
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Interest income |
$ |
— |
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$ |
— |
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$ |
— |
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$ |
5,028 |
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$ |
268,857 |
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$ |
273,885 |
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Interest expense |
$ |
— |
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$ |
— |
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$ |
— |
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$ |
2,097 |
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$ |
3,208,271 |
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$ |
3,210,368 |
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Depreciation and amortization of intangible assets |
$ |
160,624 |
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$ |
13,590 |
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$ |
— |
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$ |
727,148 |
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$ |
8,653,924 |
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$ |
9,555,286 |
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Income (loss) before taxes |
$ |
16,379,811 |
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$ |
5,016,384 |
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$ |
31,824,515 |
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$ |
2,672,615 |
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$ |
(21,072,602 |
) |
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$ |
34,820,723 |
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Total assets |
$ |
250,568,886 |
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$ |
20,482,833 |
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$ |
309,664,125 |
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$ |
73,491,855 |
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$ |
134,225,914 |
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$ |
788,433,613 |
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Capital expenditures |
$ |
160,441 |
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$ |
17,939 |
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$ |
2,493,579 |
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$ |
2,749,326 |
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$ |
28,806,914 |
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$ |
34,228,199 |
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Ameresco, Inc. and Subsidiaries
Segment Reporting
Nine Months Ending September 30, 2010
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U.S. Federal |
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Central U.S. Region |
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Other U.S. Regions |
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Canada |
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All Other |
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Total |
Total revenue |
$ |
114,272,081 |
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$ |
76,743,452 |
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$ |
98,267,620 |
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$ |
74,141,379 |
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$ |
75,459,990 |
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$ |
438,884,522 |
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Interest income |
$ |
— |
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$ |
— |
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$ |
— |
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$ |
20,357 |
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$ |
106,377 |
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$ |
126,734 |
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Interest expense |
$ |
— |
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$ |
— |
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$ |
— |
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$ |
2,094 |
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$ |
3,732,654 |
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$ |
3,734,748 |
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Depreciation |
$ |
60,954 |
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$ |
5,328 |
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$ |
— |
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$ |
323,591 |
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$ |
8,468,392 |
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$ |
8,858,265 |
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Income (loss) before taxes |
$ |
13,375,554 |
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$ |
9,581,094 |
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$ |
14,675,621 |
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$ |
3,803,888 |
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$ |
(12,028,840 |
) |
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$ |
29,407,317 |
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Total assets |
$ |
174,640,659 |
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$ |
24,709,712 |
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$ |
122,388,247 |
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$ |
65,692,668 |
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$ |
161,078,922 |
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$ |
548,510,208 |
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Capital expenditures |
$ |
47,466 |
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$ |
37,764 |
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$ |
1,163,624 |
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$ |
5,989,314 |
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$ |
18,906,770 |
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$ |
26,144,938 |
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