Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of changes in carrying amount of goodwill by reportable segments

Changes in the carrying amount of goodwill by reportable segment during the years ended December 31, 2020 and 2021 are as follows (in thousands):

	APUS Segment		RU Segment		HCN Segment		Total Goodwill
Goodwill as of December 31, 2019	$	—	$	—	$	26,563	$	26,563
Impairment	—		—		—		—
Goodwill as of December 31, 2020	$	—	$	—	$	26,563	$	26,563
Goodwill acquired	—		217,203		—		217,203
Impairment	—		—		—		—
Adjustments	—		(280)		—		(280)
Goodwill as of December 31, 2021	$	—	$	216,923	$	26,563	$	243,486

Schedule of identified intangible assets with definite life

At the acquisition dates, the useful life assigned to each type of intangible asset with a definite useful life was as follows:

	Useful Life
Student contracts and relationships	6 years
Non-compete agreements	5 years
Curricula	3 years
Lead conversions	2 years
Student Roster	2 years

Schedule of finite-lived intangible assets future amortization expense

The future amortization of finite-lived intangible assets is as follows (in thousands):

Future Amortization of Intangibles	Amortization
2022	$	15,417
2023	11,833
2024	3,111
Total	$	30,361

Schedule of intangible assets and goodwill

RU Segment Intangible assets consist of the following as of December 31, 2021 (in thousands):

	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Finite-lived intangible assets
Student roster	$	20,000	$	3,333	$	16,667
Curricula	14,000		1,556		12,444
Lead Conversions	1,500		250		1,250
Total finite-lived intangible assets	35,500		5,139		30,361
Indefinite-lived intangible assets
Trade name	26,500		—		26,500
Accreditation, licensing and Title IV	24,500		—		24,500
Total indefinite-lived intangible assets	51,000		—		51,000
Total intangible assets	$	86,500	$	5,139	$	81,361

HCN Segment intangible assets consist of the following as of December 31, 2020 and 2021 (in thousands):

	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Finite-lived intangible assets
Student contracts and relationships	$	3,870	$	3,870	$	—
Curricula	405		405		—
Non-compete agreements	86		86		—
Total finite-lived intangible assets	4,361		4,361		—
Indefinite-lived intangible assets
Trade name	1,998		—		1,998
Accreditation, licensing and Title IV	1,686		—		1,686
Affiliation agreements	37		—		37
Total indefinite-lived intangible assets	3,721		—		3,721
Total intangible assets	$	8,082	$	4,361	$	3,721