Fair Value Measurement (Tables)

9 Months Ended

Sep. 30, 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 September 30, 2019 were as follows:

	Total		Level 1		Level 2		Level 3
Assets
Derivative instruments	$	295	$	—	$	—	$	295
Liabilities
Derivative instruments	$	11	$	—	$	—	$	11

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 nine months ended September 30, 2019 were as follows:

Balance at December 31, 2018	$	(7,418	)
Gain included in earnings:
Unrealized gains, net	4,305
Realized gains, net	3,794
Included in other comprehensive income	(7,950		)
Settlements	(4,634		)
Reclassification, currency translation adjustment and other	12,187
Balance at September 30, 2019	$	284

Fair value inputs, assets, quantitative information

The following table presents quantitative information regarding the significant unobservable inputs and valuation techniques utilized in the fair value measurements of the Company's assets/(liabilities) classified as Level 3 as of September 30, 2019:

	Fair Value at September 30, 2019		Valuation Technique	Unobservable Input	Range/Input Value
Derivative instruments - cross currency swaps	$	284	Discounted Cash Flow	Credit Risk	3.50%