LINCOLN EDUCATIONAL SERVICES CORP 10-K

ITEM 2. PROPERTIES As of December 31, 2020, we leased all of our facilities, except for our campuses in Nashville, Tennessee, Grand Prairie, Texas, and Denver, Colorado, and former school property in Suffield, Connecticut, all of which we own. We continue to re-evaluate our facilities to maximize our facility utilization and efficiency and to allow us to introduce new programs and attract more students. As of December 31, 2020, all of our existing leases expire between 2021 and 2031. The following table provides information relating to our facilities as of December 31, 2020, including our corporate office: Location Brand Approximate Square Footage Las Vegas, Nevada Euphoria Institute 23,000 Columbia, Maryland Lincoln College of Technology 110,000 Denver, Colorado Lincoln College of Technology 212,000 Grand Prairie, Texas Lincoln College of Technology 146,000 Indianapolis, Indiana Lincoln College of Technology 189,000 Marietta, Georgia Lincoln College of Technology 30,000 Melrose Park, Illinois Lincoln College of Technology 88,000 Allentown, Pennsylvania Lincoln Technical Institute 26,000 East Windsor, Connecticut Lincoln Technical Institute 289,000 Iselin, New Jersey Lincoln Technical Institute 32,000 Lincoln, Rhode Island Lincoln Technical Institute 39,000 Mahwah, New Jersey Lincoln Technical Institute 79,000 Moorestown, New Jersey Lincoln Technical Institute 35,000 New Britain, Connecticut Lincoln Technical Institute 35,000 Paramus, New Jersey Lincoln Technical Institute 30,000 Philadelphia, Pennsylvania Lincoln Technical Institute 29,000 Queens, New York Lincoln Technical Institute 48,000 Shelton, Connecticut Lincoln Technical Institute and Lincoln Culinary Institute 47,000 Somerville, Massachusetts Lincoln Technical Institute 33,000 South Plainfield, New Jersey Lincoln Technical Institute 60,000 Union, New Jersey Lincoln Technical Institute 56,000 Nashville, Tennessee Lincoln College of Technology 350,000 West Orange, New Jersey Corporate Office 47,000 Blue Bell, Pennsylvania Corporate Office 4,000 Suffield, Connecticut Former Lincoln Technical Institute 132,000 We believe that our facilities are suitable for their present intended purposes.