Fair Value Measurement (Tables)

3 Months Ended

Mar. 31, 2019

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, 2019 were as follows:

	Total		Level 1		Level 2		Level 3
Assets
Derivative instruments	$	9,974	$	—	$	—	$	9,974
Liabilities
Derivative instruments	$	1,223	$	—	$	—	$	1,223

Laureate’s financial assets and liabilities that are measured at fair value on a recurring basis as of December 31, 2018 were as follows:

	Total		Level 1		Level 2		Level 3
Assets
Derivative instruments	$	3,259	$	—	$	—	$	3,259
Liabilities
Derivative instruments	$	10,677	$	—	$	—	$	10,677

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, 2019 were as follows:

Balance at December 31, 2018	$	(7,418	)
Gain (Loss) included in earnings:
Unrealized gains, net	6,576
Realized losses, net	(1,393		)
Included in other comprehensive income	2,609
Settlements	8,233
Currency translation adjustment and other	144
Balance at March 31, 2019	$	8,751

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, 2019:

	Fair Value at March 31, 2019		Valuation Technique	Unobservable Input	Range/Input Value
Derivative instruments - cross currency swaps	$	8,751	Discounted Cash Flow	Credit Risk	3.56	%