Revenue Recognition (Tables)

6 Months Ended

Jun. 30, 2020

Revenue from Contract with Customer [Abstract]

Summary of disaggregation of revenue from contracts with customers

The following table presents the Company’s revenues from contracts with customers disaggregated by material revenue category for the three and six months ended June 30, 2019 and 2020 (in thousands):



	For the three months ended June 30,				For the six months ended June 30,
	2019		2020		2019		2020
Strayer University Segment
Tuition, net of discounts, grants and scholarships	$	126,932	$	133,544	$	252,915	$	274,042
Other⁽¹⁾	4,796		4,536		9,559		9,692
Total Strayer University Segment	131,728		138,080		262,474		283,734
Capella University Segment
Tuition, net of discounts, grants and scholarships	107,947		112,483		218,168		226,669
Other⁽¹⁾	5,435		5,268		10,976		10,730
Total Capella University Segment	113,382		117,751		229,144		237,399
Consolidated revenue	$	245,110	$	255,831	$	491,618	$	521,133

_________________________________________


⁽¹⁾	Other revenue is primarily comprised of academic fees, sales of course materials, placement fees and other revenue streams.

Schedule of Graduation Fund liability

The table below presents activity in the contract liability related to the Graduation Fund (in thousands):



	For the six months ended June 30,
	2019			2020
Balance at beginning of period	$	43,329		$	49,641
Revenue deferred	14,787			13,942
Benefit redeemed	(12,025		)	(11,235		)
Balance at end of period	$	46,091		$	52,348