FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Dec. 31, 2017

Fair Value Disclosures [Abstract]

Assets and Liabilities Measured at Fair Value on Recurring Basis

The following table presents Adtalem’s assets and liabilities at December 31, 2017, that are measured at fair value on a recurring basis and are categorized using the fair value hierarchy (in thousands).

	Level 1		Level 2		Level 3
Cash and Cash Equivalents	$	212,239	$	-	$	-
Available-for-Sale Investments:
Marketable Securities, short-term		4,268		-		-
Institutional Loans Receivable, Net		-		44,280		-
Deferred Acquisition Obligations		-		23,903		-
FIES Receivable		-		16,087		-
Total Financial Assets at Fair Value	$	216,507	$	84,270	$	-

The following table presents Adtalem’s assets and liabilities at June 30, 2017, that are measured at fair value on a recurring basis and are categorized using the fair value hierarchy (in thousands).

	Level 1		Level 2		Level 3
Cash and Cash Equivalents	$	240,426	$	-	$	-
Available-for-Sale Investments:
Marketable Securities, short-term		4,013		-		-
Institutional Loans Receivable, Net		-		45,759		-
Deferred Acquisition Obligations		-		26,590		-
FIES Receivable		-		22,860		-
Total Financial Assets at Fair Value	$	244,439	$	95,209	$	-

The following table presents Adtalem’s assets and liabilities at December 31, 2016, that are measured at fair value on a recurring basis and are categorized using the fair value hierarchy (in thousands).

	Level 1		Level 2		Level 3
Cash and Cash Equivalents	$	197,860	$	-	$	-
Available-for-Sale Investments:
Marketable Securities, short-term		3,844		-		-
Institutional Loans Receivable, Net		-		44,531		-
Deferred Acquisition Obligations		-		29,499		-
FIES Long-Term Receivable		-		13,151		-
Total Financial Assets at Fair Value	$	201,704	$	87,181	$	-