Financing Receivables (Tables)

3 Months Ended

Mar. 31, 2017

Laureate’s financing receivables balances were as follows:



	March 31, 2017			December 31, 2016
Financing receivables	$	30,444		$	29,776
Allowance for doubtful accounts	(8,740		)	(9,175		)
Financing receivables, net of allowances	$	21,704		$	20,601

Summary of Aging of Financing Receivables By Country

The aging of financing receivables grouped by country portfolio was as follows:



	Chile		Other		Total
As of March 31, 2017
Amounts past due less than one year	$	9,121	$	982	$	10,103
Amounts past due one year or greater	2,903		1,579		4,482
Total past due (on non-accrual status)	12,024		2,561		14,585
Not past due	13,262		2,597		15,859
Total financing receivables	$	25,286	$	5,158	$	30,444

As of December 31, 2016
Amounts past due less than one year	$	8,711	$	834	$	9,545
Amounts past due one year or greater	3,899		1,482		5,381
Total past due (on non-accrual status)	12,610		2,316		14,926
Not past due	11,758		3,092		14,850
Total financing receivables	$	24,368	$	5,408	$	29,776

Summary of Allowance for Credit Losses on Financing Receivables

The following is a rollforward of the Allowance for doubtful accounts related to financing receivables for the three months ended March 31, 2017 and 2016, grouped by country portfolio:



	Chile			Other			Total
Balance at December 31, 2016	$	(6,209	)	$	(2,966	)	$	(9,175	)
Charge-offs	911			27			938
Recoveries	—			(3		)	(3		)
Reclassifications	—			—			—
Provision	(450		)	35			(415		)
Currency adjustments	(66		)	(19		)	(85		)
Balance at March 31, 2017	$	(5,814	)	$	(2,926	)	$	(8,740	)

Balance at December 31, 2015	$	(7,240	)	$	(3,336	)	$	(10,576	)
Charge-offs	565			25			590
Recoveries	—			(15		)	(15		)
Reclassifications	—			65			65
Provision	(241		)	244			3
Currency adjustments	(202		)	(12		)	(214		)
Balance at March 31, 2016	$	(7,118	)	$	(3,029	)	$	(10,147	)

Summary of Troubled Debt Restructurings

The number of financing receivable accounts and the pre- and post-modification account balances modified under the terms of a TDR during the three months ended March 31, 2017 and 2016 were as follows:



	Number of Financing Receivable Accounts	Pre-Modification Balance Outstanding		Post-Modification Balance Outstanding
2017	281	$	1,169	$	1,086
2016	245	$	1,220	$	1,245

The preceding table represents accounts modified under the terms of a TDR during the three months ended March 31, 2017, whereas the following table represents accounts modified as a TDR between January 1, 2016 and March 31, 2017 that subsequently defaulted during the three months ended March 31, 2017:

The following table represents accounts modified as a TDR between January 1, 2015 and March 31, 2016 that subsequently defaulted during the three months ended March 31, 2016:

Number of Financing Receivable Accounts

Balance at Default