Fair Value Measurement (Tables)

9 Months Ended

Sep. 30, 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 September 30, 2017 were as follows:

	Total		Level 1		Level 2		Level 3
Assets
Derivative instruments	$	29,721	$	—	$	—	$	29,721
Liabilities
Derivative instruments	$	8,094	$	—	$	—	$	8,094

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 nine months ended September 30, 2017 were as follows:

	Total Assets (Liabilities)
Balance December 31, 2016	$	(8,504	)
Gain (loss) included in earnings:
Unrealized gains, net	19,621
Realized losses, net	(434		)
Included in other comprehensive income	6,625
Included in issuance of Series A convertible redeemable Preferred Stock	4,382
Settlements	434
Currency translation adjustment	(497		)
Balance September 30, 2017	$	21,627
Unrealized gain, net relating to derivatives held at September 30, 2017	$	19,621

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 assets/(liabilities) classified as Level 3 as of September 30, 2017:

	Fair Value at September 30, 2017			Valuation Technique	Unobservable Input	Range/Input Value
Contingent redemption features - Series A Preferred Stock	$	28,314		Monte Carlo Simulation Method	Credit Risk	5.05	%
Derivative instruments - cross currency and interest rate swaps	$	(6,687	)	Discounted Cash Flow	Credit Risk	4.45	%

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 September 30, 2017:

	Fair Value at September 30, 2017			Valuation Technique	Unobservable Input	Range/Input Value
Contingent redemption features - Series A Preferred Stock	$	28,314		Monte Carlo Simulation Method	Credit Risk	5.05	%
Derivative instruments - cross currency and interest rate swaps	$	(6,687	)	Discounted Cash Flow	Credit Risk	4.45	%