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Condensed Consolidated Statements of Comprehensive Income (Unaudited) (USD $) | 3 Months Ended
--- | ---
Mar. 31, 2012 | Mar. 31, 2011
Condensed Consolidated Statements of Comprehensive Income [Abstract] |  |
Net income | $ 19,637,038 | $ 14,057,634
Other comprehensive income, net of income tax: |  |
Currency translation adjustment | 3,579,147 | 888,874
Unrealized net gains (loss) on investments | 693,974 | (18,200)
Realized net gain on investments | (924,657) | (45,527)
Net change in accumulated other comprehensive income, net of income tax | 3,348,464 | 825,147
Comprehensive income | 22,985,502 | 14,882,781
Less: Comprehensive Income attributable to Noncontrolling Interest | 302,248 |
Comprehensive income attributable to MercadoLibre, Inc. | $ 22,683,254 | $ 14,882,781

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