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Discontinued Operations and Assets Held for Sale (Tables) | 12 Months Ended
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Dec. 31, 2021
Discontinued Operations and Disposal Groups [Abstract] |
Summary of Major Classes of Assets and Liabilities Reclassified to Held for Sale | Summarized operating results and cash flows of the Discontinued Operations are presented in the following table:
For the years ended December 31, | 2021 | 2020 | 2019
Revenues | $ | 542,979 |  | $ | 1,674,602 |  | $ | 2,539,995 |
Depreciation and amortization expense | — |  | (60,378) |  | (111,376) |
Share-based compensation expense | (1,277) |  | (3,050) |  | (2,669) |
Other direct costs | (433,127) |  | (1,313,258) |  | (2,026,187) |
Loss on impairment of assets | (1,268) |  | (438,258) |  | (691) |
Other non-operating expense | (22,288) |  | (68,553) |  | (70,719) |
Gain on sale of discontinued operations before taxes, net | 636,172 |  | 25,048 |  | 793,475 |
Pretax income (loss) of discontinued operations | 721,191 |  | (183,847) |  | 1,121,828 |
Income tax expense | (234,326) |  | (114,257) |  | (33,681) |
Income (loss) from discontinued operations, net of tax | $ | 486,865 |  | $ | (298,104) |  | $ | 1,088,147 |
Operating cash flows of discontinued operations | $ | 39,544 |  | $ | 288,271 |  | $ | 315,406 |
Investing cash flows of discontinued operations | $ | (11,161) |  | $ | (48,428) |  | $ | (99,725) |
Financing cash flows of discontinued operations | $ | (18,054) |  | $ | (969) |  | $ | (103,583) |
The carrying amounts of the major classes of assets and liabilities that were classified as held for sale are presented in the following table:
| December 31, 2021 | December 31, 2020
Assets of Discontinued Operations |  |
Cash and cash equivalents | $ | — |  | $ | 270,164 |
Receivables, net | — |  | 113,386 |
Property and equipment, net | — |  | 259,471 |
Goodwill and tradenames | — |  | 1,202,496 |
Operating lease assets | 6,164 |  | 136,806 |
Other assets | — |  | 183,742 |
Valuation allowance on held-for-sale disposal groups | — |  | (248,630) |
Total assets held for sale | $ | 6,164 |  | $ | 1,917,435 |
Liabilities of Discontinued Operations |  |
Deferred revenue and student deposits | $ | — |  | $ | 87,793 |
Operating leases, including current portion | 10,849 |  | 151,413 |
Long-term debt, seller notes and finance leases, including current portion | — |  | 171,451 |
Other liabilities | — |  | 291,599 |
Total liabilities held for sale | $ | 10,849 |  | $ | 702,256 |
Disposal Groups, Including Discontinued Operations, Schedule of Asset Impairment | As a result of the impairment test, the Company determined that the carrying value of the Chile asset group exceeded its fair value by approximately $418,000 and recorded an impairment charge in that amount during the second quarter of 2020, as follows:
Goodwill and tradenames |  | $ | 238,400 |
Land and buildings |  | 80,600 |
Other long-lived assets |  | 36,500 |
Operating lease right-of-use assets, net |  | 62,500 |
Total Chile impairment |  | $ | 418,000 |

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