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Condensed Consolidated Statements of Comprehensive Income (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Statement Of Income And Comprehensive Income [Abstract]        
Net income $ 30,021,018 $ 25,394,824 $ 47,543,609 $ 45,031,862
Other comprehensive (loss) income, net of income tax:        
Currency translation adjustment (13,667,817) (10,403,113) (14,627,161) (6,823,966)
Unrealized net (losses) gains on available for sale investments (771,109) 176,322 (242,770) 870,295
Less: reclassification adjustment for gains on available for sale investments included in net income     (759,565) (924,657)
Net change in accumulated other comprehensive loss, net of income tax (14,438,926) (10,226,791) (15,629,496) (6,878,328)
Total Comprehensive Income 15,582,092 15,168,033 31,914,113 38,153,534
Less: Comprehensive Income (loss) attributable to Redeemable Noncontrolling Interest (152,439) (148,512) 67,415 153,736
Comprehensive Income attributable to MercadoLibre, Inc. Shareholders $ 15,734,531 $ 15,316,545 $ 31,846,698 $ 37,999,798