Financing Receivables (Tables)

6 Months Ended

Jun. 30, 2018

The reconciliations of the beginning and ending balances of the Allowance for doubtful accounts were as follows:



For the six months ended June 30,	2018			2017
Balance at beginning of period	$	204,252		$	196,270
Additions: charges to bad debt expense	58,282			51,439
Additions: charges to other accounts ^(a)	1,124			190
Deductions ^(b)	(65,635		)	(45,490		)
Balance at end of period	$	198,023		$	202,409

^(a) Charges to other accounts includes reclassifications.

^(b) Deductions includes accounts receivable written off against the allowance (net of recoveries), reclassifications, and foreign

currency translation. The beginning and ending balances of the Allowance for doubtful accounts include the current

portion, as shown on the face of Consolidated Balance Sheets, in addition to the noncurrent portion that is included in

Notes receivable, net on the Consolidated Balance Sheets.

Laureate’s financing receivables balances were as follows:



	June 30, 2018			December 31, 2017
Financing receivables	$	38,156		$	22,977
Allowance for doubtful accounts	(7,779		)	(8,411		)
Financing receivables, net of allowances	$	30,377		$	14,566

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 June 30, 2018
Amounts past due less than one year	$	10,257	$	805	$	11,062
Amounts past due one year or greater	3,073		542		3,615
Total past due (on non-accrual status)	13,330		1,347		14,677
Not past due	21,028		2,451		23,479
Total financing receivables	$	34,358	$	3,798	$	38,156

As of December 31, 2017
Amounts past due less than one year	$	6,800	$	1,300	$	8,100
Amounts past due one year or greater	3,551		1,335		4,886
Total past due (on non-accrual status)	10,351		2,635		12,986
Not past due	8,494		1,497		9,991
Total financing receivables	$	18,845	$	4,132	$	22,977

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 six months ended June 30, 2018 and 2017, grouped by country portfolio:



	Chile			Other			Total
Balance at December 31, 2017	$	(6,107	)	$	(2,304	)	$	(8,411	)
Charge-offs	944			—			944
Recoveries	—			(14		)	(14		)
Reclassifications	—			504			504
Provision	(745		)	63			(682		)
Currency adjustments	162			(282		)	(120		)
Balance at June 30, 2018	$	(5,746	)	$	(2,033	)	$	(7,779	)

Balance at December 31, 2016	$	(6,209	)	$	(2,966	)	$	(9,175	)
Charge-offs	2,033			353			2,386
Recoveries	—			(9		)	(9		)
Reclassifications	—			—			—
Provision	(1,112		)	161			(951		)
Currency adjustments	(100		)	(55		)	(155		)
Balance at June 30, 2017	$	(5,388	)	$	(2,516	)	$	(7,904	)

Summary of troubled debt restructuring

The number of financing receivable accounts and the pre- and post-modification account balances modified under the terms of a TDR during the six months ended June 30, 2018 and 2017 were as follows:



	Number of Financing Receivable Accounts	Pre-Modification Balance Outstanding		Post-Modification Balance Outstanding
2018	326	$	1,092	$	1,036
2017	326	$	1,466	$	1,336

The preceding table represents accounts modified under the terms of a TDR during the six months ended June 30, 2018, whereas the following table represents accounts modified as a TDR between January 1, 2017 and June 30, 2018 that subsequently defaulted during the six months ended June 30, 2018:

The following table represents accounts modified as a TDR between January 1, 2016 and June 30, 2017 that subsequently defaulted during the six months ended June 30, 2017:

Number of Financing Receivable Accounts

Balance at Default