XML 44 R33.htm IDEA: XBRL DOCUMENT v3.21.1
Summary of Significant Accounting Policies - Additional Information (Details)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Jul. 01, 2018
USD ($)
Mar. 31, 2021
USD ($)
segment
item
Mar. 31, 2020
USD ($)
Sep. 30, 2020
USD ($)
Dec. 31, 2019
USD ($)
Dec. 31, 2020
USD ($)
Summary Of Significant Accounting Policies            
Other assets   $ 2,133       $ 1,844
Number of operating segments | segment   1        
Number of reporting units | segment   1        
Unbilled revenue   $ 10,132       294
Amounts written off   0        
Allowance for doubtful accounts   0        
Lease liabilities   62,583        
Secured Note receivable, carrying value   964,912       964,912
Secured Note receivable, fair value   $ 1,045,591       1,049,458
Number of university partners | item   26        
Allowance for credit losses   $ 5,000 $ 5,000   $ 5,000 5,000
Stockholders equity   1,588,678 1,448,008   1,443,433 1,574,329
Income tax expense   $ 19,985 $ 22,791      
Revenue Benchmark | Customer Concentration Risk            
Summary Of Significant Accounting Policies            
Concentration risk percentage   87.40% 87.90%      
Computer Software            
Summary Of Significant Accounting Policies            
Estimated average useful life   3 years        
Capitalized Content Development            
Summary Of Significant Accounting Policies            
Estimated average useful life   4 years        
Other assets   $ 1,166       $ 1,198
Minimum            
Summary Of Significant Accounting Policies            
Initial contract terms of service agreements   7 years        
Maximum            
Summary Of Significant Accounting Policies            
Initial contract terms of service agreements   15 years        
Grand Canyon University            
Summary Of Significant Accounting Policies            
Purchase price of assets $ 870,097          
Interest rate on Secured Note 6.00%          
Term of additional lending to GCU for approved capital expenditures 3 years          
Funding provided to GCU, net of repayments       $ 99,815    
Master Services Agreement | Grand Canyon University            
Summary Of Significant Accounting Policies            
Percentage of tuition and fee revenue used for closing of purchase agreement 60.00%          
Cumulative Effect of Adoption Adjustment | ASU 2016-13            
Summary Of Significant Accounting Policies            
Allowance for credit losses     $ 5,000   5,000  
Stockholders equity     (3,832)   (3,832)  
Income tax expense     $ 1,168   $ 1,168