Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Changes in Goodwill

The following table presents changes in the carrying value of goodwill by segment for the years ended December 31, 2019 and 2020 (in thousands):

	Strayer University		Capella University		Australia / New Zealand		Total
Balance as of December 31, 2018	$	337,381	$	395,159	$	—	$	732,540
Additions	—		—		—		—
Impairments	—		—		—		—
Currency translation adjustments	—		—		—		—
Adjustments to prior acquisitions	—		(465)		—		(465)
Balance as of December 31, 2019	337,381		394,694		—		732,075
Additions	—		—		546,053		546,053
Impairments	—		—		—		—
Currency translation adjustments	—		—		40,398		40,398
Adjustments to prior acquisitions	—		—		—		—
Balance as of December 31, 2020	$	337,381	$	394,694	$	586,451	$	1,318,526

Schedule of Intangible Assets

The following table represents the balance of the Company’s intangible assets for the years ended December 31, 2019 and 2020 (in thousands):

	December 31, 2019						December 31, 2020
	Gross Carrying Amount		Accumulated Amortization		Net		Gross Carrying Amount		Accumulated Amortization		Net
Subject to amortization
Student relationships	$	166,000	$	(78,389)	$	87,611	$	202,861	$	(135,703)	$	67,158
Not subject to amortization
Trade names	185,400		—		185,400		259,262		—		259,262
Total	$	351,400	$	(78,389)	$	273,011	$	462,123	$	(135,703)	$	326,420

Schedule of Future Amortization Expense for Finite-Lived Intangible Assets

The following table presents future amortization expense for finite-lived intangible assets as of December 31, 2020 (in thousands):

2021	$	44,589
2022	12,310
2023	10,259
2024	—
2025	—
2026 and thereafter	—
Total	$	67,158