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Due to Shareholders of Acquired Companies (Tables)
9 Months Ended
Sep. 30, 2018
Business Combinations [Abstract]  
Summary of amounts due to shareholders of acquired companies
The amounts due to shareholders of acquired companies, currencies, and interest rates applied were as follows:
 
September 30, 2018
December 31, 2017
Nominal Currency
Interest
Rate %
Universidade Anhembi Morumbi (UAM Brazil)
$
28,577

$
45,206

BRL
CDI + 2%
University of St. Augustine for Health Sciences, LLC
(St. Augustine)
11,550

11,550

USD
7%
Faculdade Porto-Alegrense (FAPA)
1,806

3,084

BRL
IGP-M
IADE Group
1,177

2,374

EUR
3%
Monash South Africa (MSA)

9,571

AUD
n/a
Total due to shareholders of acquired companies
43,110

71,785

 
 
Less: Current portion of due to shareholders of acquired companies
23,065

34,745

 
 
Due to shareholders of acquired companies, less current portion
$
20,045

$
37,040

 
 
BRL: Brazilian Real
 
CDI: Certificados de Depósitos Interbancários (Brazil)
USD: United States Dollar
 
IGP-M: General Index of Market Prices (Brazil)
EUR: European Euro
 
 
AUD: Australian Dollar