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Goodwill and Intangible Assets | 9 Months Ended
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Sep. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill and Intangible Assets | Goodwill and Intangible Assets Goodwill The following table summarizes the changes in the carrying amount of goodwill by segment as of September 30, 2019 (in thousands):
| Strayer University |  | Capella University |  | Non-Degree Programs |  | Total
Balance as of December 31, 2018 | $ | 337,381 |  |  | $ | 395,159 |  |  | $ | — |  |  | $ | 732,540 |
Additions | — |  |  | — |  |  | — |  |  | — |
Impairments | — |  |  | — |  |  | — |  |  | — |
Adjustments | — |  |  | (465 | ) |  | — |  |  | (465 | )
Balance as of September 30, 2019 | $ | 337,381 |  |  | $ | 394,694 |  |  | $ | — |  |  | $ | 732,075 |
During the nine months ended September 30, 2019, the Company recorded $0.5 million net measurement period adjustments, as discussed in Note 3. The Company assesses goodwill at least annually for impairment during the fourth quarter, or more frequently if events occur or circumstances change between annual tests that would more likely than not reduce the fair value of the respective reporting unit below its carrying amount. No events or circumstances occurred in the three and nine months ended September 30, 2019 to indicate an impairment to goodwill. Accordingly, there were no impairment charges related to goodwill recorded during the three and nine months ended September 30, 2019. During the three and nine months ended September 30, 2018, the Company recorded goodwill impairment charges of $11.1 million and $13.9 million, respectively, related to its New York Code and Design Academy ("NYCDA") reporting unit (which, following the merger, is included in the Non-Degree Programs segment) based on a quantitative impairment analysis performed. The goodwill impairment charge represented the excess of the carrying value of the net assets of the NYCDA reporting unit over its estimated fair value and is reflected within the Impairment of intangible assets line in the unaudited condensed consolidated statements of income. Intangible Assets The following table represents the balance of the Company’s intangible assets as of December 31, 2018 and September 30, 2019 (in thousands):
|  | December 31, 2018 |  | September 30, 2019
|  | Gross Carrying Amount |  | Accumulated Amortization |  | Net |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net
Subject to amortization |  |  |  |  |  |  |  |  |  |  |  |
Student relationships |  | $ | 166,000 |  |  | $ | (23,056 | ) |  | $ | 142,944 |  |  | $ | 166,000 |  |  | $ | (64,556 | ) |  | $ | 101,444 |
Not subject to amortization |  |  |  |  |  |  |  |  |  |  |  |
Trade names |  | 185,400 |  |  | — |  |  | 185,400 |  |  | 185,400 |  |  | — |  |  | 185,400 |
Total |  | $ | 351,400 |  |  | $ | (23,056 | ) |  | $ | 328,344 |  |  | $ | 351,400 |  |  | $ | (64,556 | ) |  | $ | 286,844 |
The Company’s finite-lived intangible assets are comprised of student relationships, which are being amortized on a straight-line basis over a three-year useful life. Straight-line amortization expense for finite-lived intangible assets reflects the pattern in which the assets' economic benefits are consumed over their estimated useful lives. Amortization expense related to finite-lived intangible assets was $13.8 million and $41.5 million for the three and nine months ended September 30, 2019, respectively. Indefinite-lived intangible assets not subject to amortization consist of trade names. The Company assigned an indefinite useful life to its trade name intangible assets, as it is believed these assets have the ability to generate cash flows indefinitely. In addition, there are no legal, regulatory, contractual, economic or other factors to limit the useful life of the trade name intangibles. The Company assesses indefinite-lived intangible assets at least annually for impairment during the fourth quarter, or more frequently if events occur or circumstances change between annual tests that would more likely than not reduce the fair value of the respective asset below its carrying amount. No events or circumstances occurred in the three and nine months ended September 30, 2019 to indicate an impairment to indefinite-lived intangible assets. Accordingly, there were no impairment charges related to indefinite-lived intangible assets recorded during the three and nine months ended September 30, 2019. During the three and nine months ended September 30, 2018, the Company recorded impairment charges of $2.0 million and $5.4 million, respectively, related to the NYCDA trade name based on a quantitative impairment analysis performed. The indefinite-lived intangible asset impairment charge represented the excess of the carrying value of the NYCDA trade name over its estimated fair value and is reflected within the Impairment of intangible assets line in the unaudited condensed consolidated statements of income.

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- Definition The entire disclosure for goodwill and intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -URI http://asc.fasb.org/topic&trid=2144416 + Details
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