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Due to Shareholders of Acquired Companies (Tables)
3 Months Ended
Mar. 31, 2017
Business Combinations [Abstract]  
Summary of amounts due to shareholders of acquired companies
The amounts due to shareholders of acquired companies, currencies, and interest rates applied were as follows:
 
March 31, 2017
December 31, 2016
Nominal Currency
Interest
Rate %
Faculdades Metropolitanas Unidas Educacionais (FMU)
$
108,716

$
100,382

BRL
CDI
Universidade Anhembi Morumbi (UAM Brazil)
56,141

52,043

BRL
CDI + 2%
Monash South Africa (MSA)
29,728

27,462

AUD
n/a, 6.75%
University of St. Augustine for Health Sciences, LLC
(St. Augustine)
11,550

11,550

USD
7%
Universidad Tecnologica Centroamericana (UNITEC Honduras)
4,871

5,196

HNL
IIBC
CH Holding Netherlands B.V. (CH Holding)
3,712

8,587

USD
n/a
Faculdade-Porto-Alegrense (FAPA)
3,177

2,973

BRL
IGP-M
IADE Group
2,854

2,755

EUR
3%
Total due to shareholders of acquired companies
220,749

210,948

 
 
Less: Current portion of due to shareholders of acquired companies
136,766

118,679

 
 
Due to shareholders of acquired companies, less current portion
$
83,983

$
92,269

 
 
AUD: Australian Dollar
 
CDI: Certificados de Depósitos Interbancários (Brazil)
BRL: Brazilian Real
 
IIBC: Índice de Inflación del Banco Central (Honduras)
EUR: European Euro
 
IGP-M: General Index of Market Prices (Brazil)
HNL: Honduran Lempira
 
 
USD: United States Dollar