Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2019

Intangible Assets

Summary of intangible assets

	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

Schedule of amortization expense for developed curricula and student relationships

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