Fair Value Measurement (Tables)

12 Months Ended

Dec. 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 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 year ended December 31, 2019 were as follows:

Balance December 31, 2018	$	(7,418	)
Gain included in earnings:
Unrealized gains, net	4,021
Realized gains, net	3,256
Loss included in other comprehensive income	(7,950		)
Settlements	(4,096		)
Reclassification upon conversion of Series A Preferred Stock	—
Reclassification, currency translation adjustment and other	12,187
Balance December 31, 2019	$	—

Laureate had no fair value measurements classified as Level 3 as of December 31, 2019.

The changes in our Level 3 Derivative instruments measured at fair value on a recurring basis for the year ended December 31, 2018 were as follows:

Balance December 31, 2017	$	34,338
(Loss) gain included in earnings:
Unrealized losses, net	(41,217		)
Realized gains, net	129,509
Gain included in other comprehensive income	13,709
Settlements	(3,306		)
Reclassification upon conversion of Series A Preferred Stock	(140,320		)
Currency translation adjustment and other	(131		)
Balance December 31, 2018	$	(7,418	)