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Consolidated Statements of Comprehensive Income (USD $)
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Statement Of Income And Comprehensive Income [Abstract]    
Net income $ 30,327,953 $ 17,522,591
Other comprehensive (loss) income, net of income tax:    
Currency translation adjustment (16,610,570) (781,828)
Unrealized net gains on available for sale investments 38,329 528,339
Less: reclassification adjustment for gains on available for sale investments included in net income (25,467) (759,565)
Net change in accumulated other comprehensive loss, net of income tax (16,597,708) (1,013,054)
Total Comprehensive Income 13,730,245 16,509,537
Less: Comprehensive (loss) income attributable to Redeemable Noncontrolling Interest 72,079 219,854
Comprehensive Income attributable to MercadoLibre, Inc. Shareholders $ 13,658,166 $ 16,289,683