Business Combinations (Tables)

6 Months Ended

Jun. 30, 2019

Business Combinations [Abstract]

Schedule of Allocation of Purchase Price

The Company’s allocation of the total purchase price consideration as of November 9, 2018 is summarized below (in thousands):

	Fair Value
Cash and cash equivalents	$	508
Accounts receivable	761
Property and equipment, net	51,967
Other current and non-current assets	1,001
Intangible assets - content library	4,700
Intangible assets - developed technology	2,500
Goodwill	11,034
Facility financing obligation	(46,100		)
Accounts payable, accrued expenses, and other liabilities, current and non-current	(3,465		)
Net assets acquired	$	22,906

The Company’s allocation of the total purchase price consideration as of September 10, 2018 is summarized below (in thousands):

	Fair Value
Cash and cash equivalents	$	115
Other assets	68
Intangible assets - developed technology	7,500
Goodwill	10,525
Total purchase price	$	18,208

Schedule of Useful Lives of Acquired Assets

The fair value of the acquired assets is amortized on a straight-line basis over their expected useful lives.

	Useful Life
Property and equipment, net	25 years
Intangible assets - content library	6 years
Intangible assets - developed technology	3 years