Financing Receivables (Tables)

9 Months Ended

Sep. 30, 2019

Receivables [Abstract]

Schedule of financing receivable

Laureate’s financing receivables balances were as follows:

	September 30, 2019			December 31, 2018
Financing receivables	$	33,126		$	16,531
Allowance for doubtful accounts	(6,064		)	(6,395		)
Financing receivables, net of allowances	$	27,062		$	10,136

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, 2019
Amounts past due less than one year	$	9,798	$	509	$	10,307
Amounts past due one year or greater	3,038		140		3,178
Total past due (on non-accrual status)	12,836		649		13,485
Not past due	17,895		1,746		19,641
Total financing receivables	$	30,731	$	2,395	$	33,126
As of December 31, 2018
Amounts past due less than one year	$	7,618	$	644	$	8,262
Amounts past due one year or greater	2,879		192		3,071
Total past due (on non-accrual status)	10,497		836		11,333
Not past due	4,980		218		5,198
Total financing receivables	$	15,477	$	1,054	$	16,531

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, 2019 and 2018, grouped by country portfolio:

	Chile			Other			Total
Balance at December 31, 2018	$	(6,108	)	$	(287	)	$	(6,395	)
Charge-offs	1,438			501			1,939
Recoveries	—			—			—
Reclassifications	—			—			—
Provision	(1,245		)	(646		)	(1,891		)
Currency adjustments	280			3			283
Balance at September 30, 2019	$	(5,635	)	$	(429	)	$	(6,064	)
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	)

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, 2019 and 2018 were as follows:

	Number of Financing Receivable Accounts	Pre-Modification Balance Outstanding		Post-Modification Balance Outstanding
2019	358	$	1,153	$	1,020
2018	435	$	1,345	$	1,262

The preceding table represents accounts modified under the terms of a TDR during the nine months ended September 30, 2019, whereas the following table represents accounts modified as a TDR between January 1, 2018 and September 30, 2019 that subsequently defaulted during the nine months ended September 30, 2019:

	Number of Financing Receivable Accounts	Balance at Default
Total	183	$	415

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