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Segment reporting (Tables) | 3 Months Ended
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Mar. 31, 2014
Segment Reporting [Abstract] |
Financial Performance of Company's Reporting Segments | The following tables summarize the financial performance of the Company’s reporting segments:
|  | Three Months Ended March 31, 2014 |
|  | Brazil |  |  | Argentina |  |  | Mexico |  |  | Venezuela |  |  | Other Countries |  |  | Total |
Net revenues |  | $ | 52,434,098 |  |  | $ | 27,961,744 |  |  | $ | 8,083,185 |  |  | $ | 19,356,587 |  |  | $ | 7,546,705 |  |  | $ | 115,382,319 |
Direct costs |  |  | (30,516,894 | ) |  |  | (16,915,878 | ) |  |  | (4,577,716 | ) |  |  | (5,634,981 | ) |  |  | (3,914,533 | ) |  |  | (61,560,002 | )
Direct contribution |  |  | 21,917,204 |  |  |  | 11,045,866 |  |  |  | 3,505,469 |  |  |  | 13,721,606 |  |  |  | 3,632,172 |  |  |  | 53,822,317 |
Operating expenses and indirect costs of net revenues |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (19,821,230 | )
Income from operations |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 34,001,087 |
Other income (expenses): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest income and other financial gains |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3,035,630 |
Interest expense and other financial losses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (1,027,180 | )
Foreign currency gain |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3,093,471 |
Other losses, net |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | — |
Net income before income / asset tax expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 39,103,008 |
|  | Three Months Ended March 31, 2013 |
|  | Brazil |  |  | Argentina |  |  | Mexico |  |  | Venezuela |  |  | Other Countries |  |  | Total |
Net revenues |  | $ | 47,765,683 |  |  | $ | 25,620,747 |  |  | $ | 7,790,301 |  |  | $ | 15,130,551 |  |  | $ | 6,418,465 |  |  | $ | 102,725,747 |
Direct costs |  |  | (30,993,544 | ) |  |  | (13,475,710 | ) |  |  | (4,116,828 | ) |  |  | (6,008,108 | ) |  |  | (2,867,981 | ) |  |  | (57,462,171 | )
Direct contribution |  |  | 16,772,139 |  |  |  | 12,145,037 |  |  |  | 3,673,473 |  |  |  | 9,122,443 |  |  |  | 3,550,484 |  |  |  | 45,263,576 |
Operating expenses and indirect costs of net revenues |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (16,692,392 | )
Income from operations |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 28,571,184 |
Other income (expenses): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest income and other financial gains |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3,394,006 |
Interest expense and other financial losses |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (360,352 | )
Foreign currency loss |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (6,249,714 | )
Other losses, net |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (3,733 | )
Net income before income / asset tax expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ | 25,351,391 |
Allocation of Long-Lived Tangible Assets Based on Geography | The following table summarizes the allocation of the long-lived tangible assets based on geography:
|  | March 31, 2014 |  |  | December 31, 2013 |
US long-lived tangible assets |  | $ | 11,173,130 |  |  | $ | 9,131,777 |
Other countries long-lived tangible assets |  |  |  |  |  |  |  |
Argentina |  |  | 24,408,513 |  |  |  | 29,119,057 |
Brazil |  |  | 6,725,644 |  |  |  | 5,559,702 |
Mexico |  |  | 821,222 |  |  |  | 711,200 |
Venezuela |  |  | 83,447,404 |  |  |  | 83,655,816 |
Other countries |  |  | 2,889,014 |  |  |  | 3,194,357 |
|  | $ | 118,291,797 |  |  | $ | 122,240,132 |
Total long-lived tangible assets |  | $ | 129,464,927 |  |  | $ | 131,371,909 |
Allocation of Goodwill and Intangible Assets Based on Geography | The following table summarizes the allocation of the goodwill and intangible assets based on geography:
|  | March 31, 2014 |  |  | December 31, 2013 |
US intangible assets |  | $ | 7,877 |  |  | $ | 10,503 |
Other countries goodwill and intangible assets |  |  |  |  |  |  |  |
Argentina |  |  | 12,650,884 |  |  |  | 15,575,776 |
Brazil |  |  | 10,520,047 |  |  |  | 10,380,974 |
Mexico |  |  | 14,497,179 |  |  |  | 14,512,949 |
Venezuela |  |  | 6,906,569 |  |  |  | 6,913,604 |
Other countries |  |  | 13,770,478 |  |  |  | 14,298,997 |
|  | $ | 58,345,157 |  |  | $ | 61,682,300 |
Total goodwill and intangible assets |  | $ | 58,353,034 |  |  | $ | 61,692,803 |
Consolidated Net Revenues by Similar Products and Services | Consolidated net revenues by similar products and services for the three-month periods ended March 31, 2014 and 2013 were as follows:
Consolidated Net Revenues |  | Three-month Period Ended March 31, |
| 2014 |  |  | 2013 |
Marketplace |  | $ | 83,442,528 |  |  | $ | 71,714,763 |
Non-marketplace (*) |  |  | 31,939,791 |  |  |  | 31,010,984 |
Total |  | $ | 115,382,319 |  |  | $ | 102,725,747 |
(*) | Includes, among other things, Ad Sales, Real Estate, Motors, Financing Fees, Off-platform Payment Fees and other ancillary services.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8721-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13816-109267 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8736-108599 + Details
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