−Removed: Except for five campus facilities which we own, our Strayer University and Capella University campus and administrative facilities are leased.
+Added: Except for five campus facilities which we own, our Strayer University, Capella University, and Australia/New Zealand campus and administrative facilities are leased.
The Company’s corporate headquarters is located at 2303 Dulles Station Blvd., Herndon, VA 20171.
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The headquarters and main campus of Strayer University is located at 1133 15 th Street NW, Washington, D.C.
+Added: The headquarters of ANZ is located at Level 24, 680 George Street, Sydney, NSW, 2000 in Australia.
We evaluate current utilization of our facilities and anticipated enrollment to determine facility needs.
−Removed: In 2019, we opened six new locations, including five Stayer University campuses and one Capella University campus center.
−Removed: In 2020, we plan to open eight to ten new Strayer University and Capella University locations.
−Removed: New locations will continue to incorporate a new smaller cost-efficient design intended to service a student body that values a brick and mortar presence, even while taking an increasing number of their courses online.
+Added: In 2020, we opened three new Strayer University campuses.
+Added: New locations in the U.S.
+Added: continue to incorporate a new smaller cost-efficient design intended to service a student body that values a brick and mortar presence, even while taking an increasing number of their courses online.
Our leases generally range from five to ten years with one to two renewal options for extended terms.
−Removed: As of December 31, 2019 , the Company leased 86 campus and administrative facilities consisting of approximately 1.4 million square feet, of which approximately 95,000 square feet is vacant.
−Removed: We continuously evaluate various options to address unused facility space including sublets, both short-term and long-term, and lease buyouts.
+Added: As of December 31, 2020, the Company leased approximately 90 campus and administrative facilities in the United States consisting of approximately 1.4 million square feet.
In 2020, we reduced our leased facility footprint by approximately 115,000 square feet, primarily due to lease terms expiring and by reducing the size of existing campuses at the time of lease renewal.
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Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.