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Financing Receivables (Tables)
 9 Months Ended
Sep. 30, 2018
Receivables [Abstract]  
Schedule of financing receivable
The reconciliations of the beginning and ending balances of the Allowance for doubtful accounts were as follows:
For the nine months ended September 30,
2018
 
2017
Balance at beginning of period
$
182,965

 
$
169,014

    Additions: charges to bad debt expense
74,969

 
79,408

    Deductions (a)
(90,494
)
 
(68,155
)
Balance at end of period
$
167,440

 
$
180,267


(a) 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:
 
September 30, 2018
 
December 31, 2017
Financing receivables
$
31,506

 
$
20,380

Allowance for doubtful accounts
(5,876
)
 
(6,472
)
Financing receivables, net of allowances
$
25,630

 
$
13,908
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 September 30, 2018
 
 
 
 
 
Amounts past due less than one year
$
11,327

 
$
305

 
$
11,632

Amounts past due one year or greater
3,484

 
192

 
3,676

Total past due (on non-accrual status)
14,811

 
497

 
15,308

Not past due
15,333

 
865

 
16,198

Total financing receivables
$
30,144

 
$
1,362

 
$
31,506

 
 
 
 
 
 
As of December 31, 2017
 
 
 
 
 
Amounts past due less than one year
$
6,800

 
$
921

 
$
7,721

Amounts past due one year or greater
3,551

 
201

 
3,752

Total past due (on non-accrual status)
10,351

 
1,122

 
11,473

Not past due
8,494

 
413

 
8,907

Total financing receivables
$
18,845

 
$
1,535

 
$
20,380
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 nine months ended September 30, 2018 and 2017, grouped by country portfolio:
 
Chile
 
Other
 
Total
Balance at December 31, 2017
$
(6,107
)
 
$
(365
)
 
$
(6,472
)
Charge-offs
1,338

 
37

 
1,375

Recoveries
—

 
—

 
—

Reclassifications
—

 
—

 
—

Provision
(1,233
)
 
18

 
(1,215
)
Currency adjustments
434

 
2

 
436

Balance at September 30, 2018
$
(5,568
)
 
$
(308
)
 
$
(5,876
)
 
 
 
 
 
 
Balance at December 31, 2016
$
(6,209
)
 
$
(877
)
 
$
(7,086
)
Charge-offs
2,798

 
330

 
3,128

Recoveries
—

 
—

 
—

Reclassifications
—

 
—

 
—

Provision
(2,089
)
 
225

 
(1,864
)
Currency adjustments
(360
)
 
(47
)
 
(407
)
Balance at September 30, 2017
$
(5,860
)
 
$
(369
)
 
$
(6,229
)
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 nine months ended September 30, 2018 and 2017 were as follows:
 
Number of Financing Receivable Accounts
 
Pre-Modification Balance Outstanding
 
Post-Modification Balance Outstanding
2018
435

 
$
1,345

 
$
1,262

2017
355

 
$
1,838

 
$
1,655


The preceding table represents accounts modified under the terms of a TDR during the nine months ended September 30, 2018, whereas the following table represents accounts modified as a TDR between January 1, 2017 and September 30, 2018 that subsequently defaulted during the nine months ended September 30, 2018:
 
Number of Financing Receivable Accounts
 
Balance at Default
Total
128

 
$
455


The following table represents accounts modified as a TDR between January 1, 2016 and September 30, 2017 that subsequently defaulted during the nine months ended September 30, 2017:
 
Number of Financing Receivable Accounts
 
Balance at Default
Total
156

 
$
721