Intangible Assets

9 Months Ended

Sep. 30, 2019

Intangible Assets

Intangible Assets

9. Intangible Assets

Amortizable intangible assets consist of the following as of:

	September 30, 2019
	Estimated	Gross				Net
	Average Useful	Carrying		Accumulated		Carrying
	Life (in years)	Amount		Amortization		Amount
University partner relationships	25	$	210,000		(5,838)	$	204,162
Trade names	1		280		(206)		74
Total amortizable intangible assets, net		$	210,280		(6,044)	$	204,236

Amortization expense for university partner relationships and trade names for the years ending December 31:

2019	$	2,179
2020		8,419
2021		8,419
2022		8,419
2023		8,419
Thereafter		168,381
	$	204,236