Acquisition Accounting (Tables)

12 Months Ended

Dec. 31, 2015

Business Combinations [Abstract]

Schedule of fair value of identified intangible assets acquired

The fair value of identified intangible assets acquired was determined using one of the following three valuation methodologies:

• Cost approach;

• Income approach; or

• Market approach.

		(in thousands)
Fair value consideration transferred:
Cash		$	46,128
Fair Value of IRC 338(h)(10) election		636
Total fair value consideration transferred		$	46,764
Recognized amounts of identifiable tangible assets acquired and liabilities assumed:
Assets acquired		$	4,834
Liabilities assumed		4,786
Assets acquired in excess of liabilities assumed		$	48
	Useful Life
Recognized identified intangible assets:
Student contracts and relationships	6 years	$	3,870
Trade name		1,998
Curricula	3 years	405
Accreditation, licensing and Title IV		1,686
Affiliate agreements		37
Non-compete agreements	5 years	86
Total recognized identified intangible assets		$	8,082
Goodwill		$	38,634