Washington Post 2013 Annual Report Download - page 49

expire in 2018. In addition, KHE leases 62,500 square feet of corporate office space in Chicago, IL, under a lease that
will expire in 2022. KHE also separately leases 76,500 square feet of office space in Chicago, IL, however, the
location has been entirely subleased through the remainder of the lease term. KHE leases a two-story, 124,500-square-
foot building in Orlando, FL (of which 26,500 square feet has been subleased to a third party). This location houses an
additional support center pursuant to a lease that will expire in 2021. Kaplan, Inc. and KHE share corporate office space
in a 78,000-square-foot office building in Alpharetta, GA, under a lease that expires in 2019. KHE leases 88,800
square feet of corporate office space in Plantation, FL, for a term that expires in 2021. Kaplan, Inc. and its New York-
based KTP business lease approximately 159,540 square feet of office space at 395 Hudson Street, for a lease term
that will expire in 2024. In addition, the KIC business maintains more than 50 leases in the U.S., comprising an
aggregate of approximately 1.9 million square feet of instructional and dormitory space.
Overseas, Dublin Business School’s facilities in Dublin, Ireland, are located in six buildings, aggregating approximately
83,000 square feet of space, that are rented under leases expiring between 2016 and 2029. Kaplan Publishing has an
office and distribution warehouse in Wokingham, Berkshire, U.K., of 27,000 square feet, under a lease expiring in
2016. Kaplan Financial’s largest leaseholds are office and instructional space in London, U.K., of 33,000 square feet
(expiring in 2033), 21,500 square feet (expiring in 2015) and 35,800 square feet (comprising seven separate leases,
expiring in 2015); office and instructional space in Birmingham, U.K., of 23,600 square feet (expiring in 2017); office
and instructional space in Manchester, U.K., of 26,900 square feet (comprising five separate leases, expiring in 2022);
office and instructional space in Wales, U.K., of 34,000 square feet (on an open-ended lease with termination on 12
months’ notice); office and instructional space in Singapore of 162,875 square feet (comprising five separate leases,
expiring between 2015 and 2019); and office and instructional space in Hong Kong of 30,850 square feet. Kaplan
Law School has 20,200 square feet of space in London, U.K. (comprising four separate leases, expiring in 2017). In
addition, Kaplan has entered into two separate leases in Glasgow, Scotland, for 58,000 square feet and 22,400
square feet, respectively, of dormitory space that was constructed and opened to students in 2012. These leases will
expire in 2032. In addition, Kaplan has signed an agreement for the lease of approximately 143,000 square feet of
dormitory space as the main tenant of a new student residential building to be constructed in Nottingham, U.K., which is
expected to be completed in 2014. In Australia, Carrick leases two locations in Melbourne with an aggregate of
approximately 87,623 square feet, one location in Sydney of 13,024 square feet and one location of 39,000 square
feet in Brisbane. These leases expire at various times from 2016 through 2021. Bradford College, in Adelaide,
Australia, leases two locations with an aggregate of 34,315-square feet. These leases expire in 2016 and 2020. All
other Kaplan facilities in the U.S. and overseas (including administrative offices and instructional locations) occupy leased
premises that are for less space than those listed above.
The headquarters offices of Cable ONE are located in a six-story office building in Phoenix, AZ, that was purchased
by Cable ONE in 2012. Cable ONE also utilizes a three-story building in Phoenix purchased in 1998. Cable ONE
purchased an adjoining two-story office building in 2005; that building is currently unused. The majority of the offices and
head-end facilities of the division’s individual cable systems are located in buildings owned by Cable ONE. Most of the
tower sites used by the division are leased. In addition, the division houses call-center operations in 40,800 square feet
of rented space in Phoenix under a lease that will expire in 2015, with certain renewal options.
The Daily Herald Company, a non-operating subsidiary of the Company, owns a plant and office building in Everett,
WA; it also owns two warehouses and a small rental building adjacent to its plant. The sale of these properties is being
negotiated.
The offices of the Company’s broadcasting operations are located in Detroit, MI, in the same facilities that house the
offices and studios of WDIV, as well as in leased space in Chicago, IL. The Detroit facility and those that house the
operations of each of the Company’s other television stations are all owned by subsidiaries of the Company, as are the
related tower sites (except in Houston, Orlando, Jacksonville and Miami, where the tower sites are 50% owned).
Celtic’s headquarters office is located in leased space in Mars, PA. This lease expires in 2017. In addition to its
headquarters, Celtic leases 13 small office spaces in its various service territories: Carlisle, PA; Mechanicsburg, PA;
Williamsport, PA; Perryopolis, PA; Harrisburg, PA; Kingston, PA; New Castle, PA; Rockville, MD; and Owings Mills,
MD. Celtic also leases space for hospice inpatient units in Dunmore, PA, and Wilkes-Barre, PA.
Forney’s corporate office is currently located in Carrollton, TX, under a lease that will expire in March, 2014. Forney has
entered into an agreement to lease 20,000 square feet of office space in Addison, TX, with occupancy to begin in April
2014. That lease will expire in 2024. Forney’s Mexico facility is located in Monterrey, Mexico, in a building that
contains 78,500 square feet of office and manufacturing space under a lease that will expire in 2017. Forney also
leases sales offices in Shanghai, Beijing and Singapore; the combined office space is less than 3,000 square feet, and
the leases are renewable annually.
2013 FORM 10-K 31