Fair Value Measurement (Tables)

3 Months Ended

Mar. 31, 2018

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, 2018 were as follows:

	Total		Level 1		Level 2		Level 3
Assets
Derivative instruments	$	41,341	$	—	$	—	$	41,341
Liabilities
Derivative instruments	$	14,895	$	—	$	—	$	14,895

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

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, 2018 were as follows:

	Total Assets (Liabilities)
Balance December 31, 2017	$	34,338
Losses included in earnings:
Unrealized losses, net	(9,172		)
Realized losses, net	(10,168		)
Included in other comprehensive income	2,210
Settlements	10,168
Currency translation adjustment and other	(930		)
Balance March 31, 2018	$	26,446
Unrealized losses, net, relating to derivatives held at March 31, 2018	$	(9,172	)

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 March 31, 2018:

	Fair Value at March 31, 2018			Valuation Technique	Unobservable Input	Range/Input Value
Contingent redemption features - Series A Preferred Stock	$	28,608		Monte Carlo Simulation Method	Credit Risk	5.11	%
Derivative instruments - cross currency and interest rate swaps	$	(2,162	)	Discounted Cash Flow	Credit Risk	3.42	%

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 March 31, 2018:

	Fair Value at March 31, 2018			Valuation Technique	Unobservable Input	Range/Input Value
Contingent redemption features - Series A Preferred Stock	$	28,608		Monte Carlo Simulation Method	Credit Risk	5.11	%
Derivative instruments - cross currency and interest rate swaps	$	(2,162	)	Discounted Cash Flow	Credit Risk	3.42	%