Fair Value Measurement (Tables)

3 Months Ended

Mar. 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 March 31, 2017 were as follows:

	Total		Level 1		Level 2		Level 3
Assets
Derivative instruments	$	21,069	$	—	$	—	$	21,069
Liabilities
Derivative instruments	$	10,423	$	—	$	—	$	10,423

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 three months ended March 31, 2017 were as follows:

	Total Assets (Liabilities)
Balance December 31, 2016	$	(8,504	)
Gain (loss) included in earnings:
Unrealized gains, net	12,267
Realized losses, net	(120		)
Included in other comprehensive income	2,592
Included in issuance of Series A convertible redeemable Preferred Stock	4,382
Settlements	120
Currency translation adjustment	(91		)
Balance March 31, 2017	$	10,646
Unrealized gain, net relating to liabilities held at March 31, 2017	$	12,267

Fair Value Inputs, Liabilities, Quantitative Information

The following table presents quantitative information regarding the significant unobservable inputs utilized in the fair value measurements of the Company's liabilities classified as Level 3 for the three months ended March 31, 2017:

	Fair Value at March 31, 2017		Valuation Technique	Unobservable Input	Range/Input Value
Contingent redemption features - Series A Preferred Stock	$	21,069	Monte Carlo Simulation Method	Own Credit Risk	3.85	%
Derivative instruments - cross currency and interest rate swaps	$	10,423	Discounted Cash Flow	Own Credit Risk	3.85	%

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 liabilities classified as Level 3 for the three months ended March 31, 2017:

	Fair Value at March 31, 2017		Valuation Technique	Unobservable Input	Range/Input Value
Contingent redemption features - Series A Preferred Stock	$	21,069	Monte Carlo Simulation Method	Own Credit Risk	3.85	%
Derivative instruments - cross currency and interest rate swaps	$	10,423	Discounted Cash Flow	Own Credit Risk	3.85	%