Fair Value Measurement (Tables)

12 Months Ended

Dec. 31, 2017

Fair Value Disclosures [Abstract]

Summary of financial assets and liabilities measured at fair value on a recurring basis

Laureate’s financial assets and liabilities that are measured at fair value on a recurring basis as of December 31, 2017 were as follows:

	Total		Level 1		Level 2		Level 3
Assets
Derivative instruments	$	48,186	$	—	$	—	$	48,186
Liabilities
Derivative instruments	$	13,848	$	—	$	—	$	13,848

Laureate’s financial assets and liabilities that are measured at fair value on a recurring basis as of December 31, 2016 were as follows:

	Total		Level 1		Level 2		Level 3
Assets
Derivative instruments	$	4,464	$	—	$	—	$	4,464
Liabilities
Derivative instruments	$	12,968	$	—	$	—	$	12,968

Summary of the change in Level 3 derivatives instruments

The changes in our Level 3 Derivative instruments measured at fair value on a recurring basis for the year ended December 31, 2017 were as follows:

Balance December 31, 2016	$	(8,504	)
Gain (loss) included in earnings:
Unrealized gains, net	29,278
Realized losses, net	(622		)
Included in other comprehensive income	9,875
Included in issuance of Series A convertible redeemable Preferred Stock	4,382
Settlements	622
Currency translation adjustment	(693		)
Balance December 31, 2017	$	34,338
Unrealized gain, net relating to derivatives held at December 31, 2017	$	29,278

The changes in our Level 3 Derivative instruments measured at fair value on a recurring basis for the year ended December 31, 2016 were as follows:

	Total Assets (Liabilities)
Balance December 31, 2015	$	(19,776	)
Gain (loss) included in earnings:
Unrealized gains, net	946
Realized losses, net	(7,030		)
Included in other comprehensive income	8,032
Included in issuance of Series A convertible redeemable Preferred Stock	2,729
Settlements	7,030
Currency translation adjustment	(435		)
Balance December 31, 2016	$	(8,504	)
Unrealized gain, net relating to derivatives held at December 31, 2016	$	946

Fair value inputs, assets, quantitative information

The following table presents quantitative information regarding the significant unobservable inputs utilized in the fair value measurements of the Company's assets/(liabilities) classified as Level 3 as of December 31, 2017:

	Fair Value at December 31, 2017			Valuation Technique	Unobservable Input	Range/Input Value
Contingent redemption features - Series A Preferred Stock	$	42,140		Monte Carlo Simulation Method	Credit Risk	5.07	%
Derivative instruments - cross currency and interest rate swaps	$	(7,802	)	Discounted Cash Flow	Credit Risk	4.37	%

The following table presents quantitative information regarding the significant unobservable inputs utilized in the fair value measurements of the Company's assets/(liabilities) classified as Level 3 as of December 31, 2017:

	Fair Value at December 31, 2017			Valuation Technique	Unobservable Input	Range/Input Value
Contingent redemption features - Series A Preferred Stock	$	42,140		Monte Carlo Simulation Method	Credit Risk	5.07	%
Derivative instruments - cross currency and interest rate swaps	$	(7,802	)	Discounted Cash Flow	Credit Risk	4.37	%