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Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2019
Intangible Assets  
Summary of amortizable intangible assets

December 31, 2019

Estimated

Gross

Net

Average Useful

Carrying

Accumulated

Carrying

Life (in years)

Amount

Amortization

Amount

University partner relationships

25

  

$

210,000

  

(7,943)

  

$

202,057

Trade names

1

280

(280)

 

Total amortizable intangible assets, net

$

210,280

(8,223)

$

202,057

Schedule of amortization expense for university partner relationships and trade names

2020

$

8,419

2021

 

8,419

2022

8,419

2023

8,419

2024

8,419

Thereafter

 

159,962

$

202,057