Amortizable Intangible Assets

3 Months Ended

Mar. 31, 2021

Amortizable Intangible Assets

Amortizable Intangible Assets

7. Amortizable Intangible Assets

Amortizable intangible assets consist of the following as of:

	March 31, 2021
	Estimated	Gross				Net
	Average Useful	Carrying		Accumulated		Carrying
	Life (in years)	Amount		Amortization		Amount
University partner relationships	25	$	210,000		(18,467)	$	191,533
Trade names	1		280		(280)		—
Total amortizable intangible assets, net		$	210,280		(18,747)	$	191,533

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

Remainder of 2021	$	6,314
2022		8,419
2023		8,419
2024		8,419
2025		8,419
Thereafter		151,543
	$	191,533