XML 74 R68.htm IDEA: XBRL DOCUMENT
v2.4.1.9

Fair Value Measurement of Assets and Liabilities - Fair Value of Financial Assets and Liabilities Measured at Amortized Cost (Detail) (USD $) | Dec. 31, 2014 | Dec. 31, 2013
--- | --- | ---
Carrying Value [Member] |  |
Assets |  |
Assets | $ 231,486,078 us-gaap_AssetsFairValueDisclosure / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_CarryingReportedAmountFairValueDisclosureMember | $ 184,331,377 us-gaap_AssetsFairValueDisclosure / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_CarryingReportedAmountFairValueDisclosureMember
Liabilities |  |
Liabilities | 564,566,966 us-gaap_LiabilitiesFairValueDisclosure / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_CarryingReportedAmountFairValueDisclosureMember | 223,034,754 us-gaap_LiabilitiesFairValueDisclosure / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_CarryingReportedAmountFairValueDisclosureMember
Carrying Value [Member] | Accounts and Funds Payable [Member] |  |
Liabilities |  |
Liabilities | 58,005,734 us-gaap_LiabilitiesFairValueDisclosure / us-gaap_FairValueByLiabilityClassAxis = meli_AccountsPayableAndFundsPayableMember / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_CarryingReportedAmountFairValueDisclosureMember | 34,405,333 us-gaap_LiabilitiesFairValueDisclosure / us-gaap_FairValueByLiabilityClassAxis = meli_AccountsPayableAndFundsPayableMember / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_CarryingReportedAmountFairValueDisclosureMember
Carrying Value [Member] | Funds Payable to Customers [Member] |  |
Liabilities |  |
Liabilities | 165,033,797 us-gaap_LiabilitiesFairValueDisclosure / us-gaap_FairValueByLiabilityClassAxis = meli_PayablesMember / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_CarryingReportedAmountFairValueDisclosureMember | 129,038,663 us-gaap_LiabilitiesFairValueDisclosure / us-gaap_FairValueByLiabilityClassAxis = meli_PayablesMember / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_CarryingReportedAmountFairValueDisclosureMember
Carrying Value [Member] | Salaries and Social Security Payable [Member] |  |
Liabilities |  |
Liabilities | 18,834,627 us-gaap_LiabilitiesFairValueDisclosure / us-gaap_FairValueByLiabilityClassAxis = meli_EmployeeBenefitObligationsMember / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_CarryingReportedAmountFairValueDisclosureMember | 15,863,028 us-gaap_LiabilitiesFairValueDisclosure / us-gaap_FairValueByLiabilityClassAxis = meli_EmployeeBenefitObligationsMember / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_CarryingReportedAmountFairValueDisclosureMember
Carrying Value [Member] | Tax Payable [Member] |  |
Liabilities |  |
Liabilities | 26,012,849 us-gaap_LiabilitiesFairValueDisclosure / us-gaap_FairValueByLiabilityClassAxis = meli_IncomeTaxesPayableMember / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_CarryingReportedAmountFairValueDisclosureMember | 17,854,110 us-gaap_LiabilitiesFairValueDisclosure / us-gaap_FairValueByLiabilityClassAxis = meli_IncomeTaxesPayableMember / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_CarryingReportedAmountFairValueDisclosureMember
Carrying Value [Member] | Dividends Payable [Member] |  |
Liabilities |  |
Liabilities | 7,329,546 us-gaap_LiabilitiesFairValueDisclosure / us-gaap_FairValueByLiabilityClassAxis = meli_AccruedDividendMember / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_CarryingReportedAmountFairValueDisclosureMember | 6,313,869 us-gaap_LiabilitiesFairValueDisclosure / us-gaap_FairValueByLiabilityClassAxis = meli_AccruedDividendMember / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_CarryingReportedAmountFairValueDisclosureMember
Carrying Value [Member] | Loans Payable and Other Financial Liabilities [Member] |  |
Liabilities |  |
Liabilities | 283,825,977 us-gaap_LiabilitiesFairValueDisclosure / us-gaap_FairValueByLiabilityClassAxis = us-gaap_LoansPayableMember / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_CarryingReportedAmountFairValueDisclosureMember | 15,860,642 us-gaap_LiabilitiesFairValueDisclosure / us-gaap_FairValueByLiabilityClassAxis = us-gaap_LoansPayableMember / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_CarryingReportedAmountFairValueDisclosureMember
Carrying Value [Member] | Other Liabilities [Member] |  |
Liabilities |  |
Liabilities | 5,524,436 us-gaap_LiabilitiesFairValueDisclosure / us-gaap_FairValueByLiabilityClassAxis = us-gaap_OtherLiabilitiesMember / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_CarryingReportedAmountFairValueDisclosureMember | 3,699,109 us-gaap_LiabilitiesFairValueDisclosure / us-gaap_FairValueByLiabilityClassAxis = us-gaap_OtherLiabilitiesMember / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_CarryingReportedAmountFairValueDisclosureMember
Carrying Value [Member] | Time Deposits [Member] |  |
Assets |  |
Assets | 58,475,057 us-gaap_AssetsFairValueDisclosure / us-gaap_FairValueByAssetClassAxis = us-gaap_BankTimeDepositsMember / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_CarryingReportedAmountFairValueDisclosureMember | 66,677,156 us-gaap_AssetsFairValueDisclosure / us-gaap_FairValueByAssetClassAxis = us-gaap_BankTimeDepositsMember / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_CarryingReportedAmountFairValueDisclosureMember
Carrying Value [Member] | Accounts Receivable [Member] |  |
Assets |  |
Assets | 46,672,495 us-gaap_AssetsFairValueDisclosure / us-gaap_FairValueByAssetClassAxis = us-gaap_AccountsReceivableMember / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_CarryingReportedAmountFairValueDisclosureMember | 25,884,260 us-gaap_AssetsFairValueDisclosure / us-gaap_FairValueByAssetClassAxis = us-gaap_AccountsReceivableMember / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_CarryingReportedAmountFairValueDisclosureMember
Carrying Value [Member] | Credit Cards Receivable [Member] |  |
Assets |  |
Assets | 85,162,276 us-gaap_AssetsFairValueDisclosure / us-gaap_FairValueByAssetClassAxis = meli_CreditCardAndOtherMeansOfPaymentsMember / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_CarryingReportedAmountFairValueDisclosureMember | 52,045,851 us-gaap_AssetsFairValueDisclosure / us-gaap_FairValueByAssetClassAxis = meli_CreditCardAndOtherMeansOfPaymentsMember / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_CarryingReportedAmountFairValueDisclosureMember
Carrying Value [Member] | Prepaid Expenses [Member] |  |
Assets |  |
Assets | 3,457,693 us-gaap_AssetsFairValueDisclosure / us-gaap_FairValueByAssetClassAxis = meli_PrepaidExpensesMember / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_CarryingReportedAmountFairValueDisclosureMember | 3,836,081 us-gaap_AssetsFairValueDisclosure / us-gaap_FairValueByAssetClassAxis = meli_PrepaidExpensesMember / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_CarryingReportedAmountFairValueDisclosureMember
Carrying Value [Member] | Other Assets [Member] |  |
Assets |  |
Assets | 37,718,557 us-gaap_AssetsFairValueDisclosure / us-gaap_FairValueByAssetClassAxis = us-gaap_OtherAssetsMember / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_CarryingReportedAmountFairValueDisclosureMember | 35,888,029 us-gaap_AssetsFairValueDisclosure / us-gaap_FairValueByAssetClassAxis = us-gaap_OtherAssetsMember / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_CarryingReportedAmountFairValueDisclosureMember
Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member] |  |
Assets |  |
Assets | 231,486,078 us-gaap_AssetsFairValueDisclosure / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_EstimateOfFairValueFairValueDisclosureMember | 184,331,377 us-gaap_AssetsFairValueDisclosure / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_EstimateOfFairValueFairValueDisclosureMember
Liabilities |  |
Liabilities | 564,566,967 us-gaap_LiabilitiesFairValueDisclosure / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_EstimateOfFairValueFairValueDisclosureMember | 223,034,754 us-gaap_LiabilitiesFairValueDisclosure / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_EstimateOfFairValueFairValueDisclosureMember
Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member] | Accounts and Funds Payable [Member] |  |
Liabilities |  |
Liabilities | 58,005,734 us-gaap_LiabilitiesFairValueDisclosure / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_FairValueByLiabilityClassAxis = meli_AccountsPayableAndFundsPayableMember / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_EstimateOfFairValueFairValueDisclosureMember | 34,405,333 us-gaap_LiabilitiesFairValueDisclosure / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_FairValueByLiabilityClassAxis = meli_AccountsPayableAndFundsPayableMember / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_EstimateOfFairValueFairValueDisclosureMember
Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member] | Funds Payable to Customers [Member] |  |
Liabilities |  |
Liabilities | 165,033,797 us-gaap_LiabilitiesFairValueDisclosure / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_FairValueByLiabilityClassAxis = meli_PayablesMember / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_EstimateOfFairValueFairValueDisclosureMember | 129,038,663 us-gaap_LiabilitiesFairValueDisclosure / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_FairValueByLiabilityClassAxis = meli_PayablesMember / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_EstimateOfFairValueFairValueDisclosureMember
Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member] | Salaries and Social Security Payable [Member] |  |
Liabilities |  |
Liabilities | 18,834,627 us-gaap_LiabilitiesFairValueDisclosure / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_FairValueByLiabilityClassAxis = meli_EmployeeBenefitObligationsMember / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_EstimateOfFairValueFairValueDisclosureMember | 15,863,028 us-gaap_LiabilitiesFairValueDisclosure / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_FairValueByLiabilityClassAxis = meli_EmployeeBenefitObligationsMember / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_EstimateOfFairValueFairValueDisclosureMember
Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member] | Tax Payable [Member] |  |
Liabilities |  |
Liabilities | 26,012,849 us-gaap_LiabilitiesFairValueDisclosure / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_FairValueByLiabilityClassAxis = meli_IncomeTaxesPayableMember / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_EstimateOfFairValueFairValueDisclosureMember | 17,854,110 us-gaap_LiabilitiesFairValueDisclosure / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_FairValueByLiabilityClassAxis = meli_IncomeTaxesPayableMember / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_EstimateOfFairValueFairValueDisclosureMember
Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member] | Dividends Payable [Member] |  |
Liabilities |  |
Liabilities | 7,329,546 us-gaap_LiabilitiesFairValueDisclosure / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_FairValueByLiabilityClassAxis = meli_AccruedDividendMember / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_EstimateOfFairValueFairValueDisclosureMember | 6,313,869 us-gaap_LiabilitiesFairValueDisclosure / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_FairValueByLiabilityClassAxis = meli_AccruedDividendMember / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_EstimateOfFairValueFairValueDisclosureMember
Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member] | Loans Payable and Other Financial Liabilities [Member] |  |
Liabilities |  |
Liabilities | 283,825,977 us-gaap_LiabilitiesFairValueDisclosure / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_FairValueByLiabilityClassAxis = us-gaap_LoansPayableMember / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_EstimateOfFairValueFairValueDisclosureMember | 15,860,642 us-gaap_LiabilitiesFairValueDisclosure / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_FairValueByLiabilityClassAxis = us-gaap_LoansPayableMember / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_EstimateOfFairValueFairValueDisclosureMember
Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member] | Other Liabilities [Member] |  |
Liabilities |  |
Liabilities | 5,524,436 us-gaap_LiabilitiesFairValueDisclosure / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_FairValueByLiabilityClassAxis = us-gaap_OtherLiabilitiesMember / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_EstimateOfFairValueFairValueDisclosureMember | 3,699,109 us-gaap_LiabilitiesFairValueDisclosure / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_FairValueByLiabilityClassAxis = us-gaap_OtherLiabilitiesMember / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_EstimateOfFairValueFairValueDisclosureMember
Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member] | Time Deposits [Member] |  |
Assets |  |
Assets | 58,475,057 us-gaap_AssetsFairValueDisclosure / us-gaap_FairValueByAssetClassAxis = us-gaap_BankTimeDepositsMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_EstimateOfFairValueFairValueDisclosureMember | 66,677,156 us-gaap_AssetsFairValueDisclosure / us-gaap_FairValueByAssetClassAxis = us-gaap_BankTimeDepositsMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_EstimateOfFairValueFairValueDisclosureMember
Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member] | Accounts Receivable [Member] |  |
Assets |  |
Assets | 46,672,495 us-gaap_AssetsFairValueDisclosure / us-gaap_FairValueByAssetClassAxis = us-gaap_AccountsReceivableMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_EstimateOfFairValueFairValueDisclosureMember | 25,884,260 us-gaap_AssetsFairValueDisclosure / us-gaap_FairValueByAssetClassAxis = us-gaap_AccountsReceivableMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_EstimateOfFairValueFairValueDisclosureMember
Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member] | Credit Cards Receivable [Member] |  |
Assets |  |
Assets | 85,162,276 us-gaap_AssetsFairValueDisclosure / us-gaap_FairValueByAssetClassAxis = meli_CreditCardAndOtherMeansOfPaymentsMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_EstimateOfFairValueFairValueDisclosureMember | 52,045,851 us-gaap_AssetsFairValueDisclosure / us-gaap_FairValueByAssetClassAxis = meli_CreditCardAndOtherMeansOfPaymentsMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_EstimateOfFairValueFairValueDisclosureMember
Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member] | Prepaid Expenses [Member] |  |
Assets |  |
Assets | 3,457,693 us-gaap_AssetsFairValueDisclosure / us-gaap_FairValueByAssetClassAxis = meli_PrepaidExpensesMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_EstimateOfFairValueFairValueDisclosureMember | 3,836,081 us-gaap_AssetsFairValueDisclosure / us-gaap_FairValueByAssetClassAxis = meli_PrepaidExpensesMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_EstimateOfFairValueFairValueDisclosureMember
Fair Value [Member] | Significant Other Observable Inputs (Level 2) [Member] | Other Assets [Member] |  |
Assets |  |
Assets | $ 37,718,557 us-gaap_AssetsFairValueDisclosure / us-gaap_FairValueByAssetClassAxis = us-gaap_OtherAssetsMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_EstimateOfFairValueFairValueDisclosureMember | $ 35,888,029 us-gaap_AssetsFairValueDisclosure / us-gaap_FairValueByAssetClassAxis = us-gaap_OtherAssetsMember / us-gaap_FairValueByFairValueHierarchyLevelAxis = us-gaap_FairValueInputsLevel2Member / us-gaap_FairValueByMeasurementBasisAxis = us-gaap_EstimateOfFairValueFairValueDisclosureMember

X
- Definition Fair value portion of probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258 + Details
Name: | us-gaap_AssetsFairValueDisclosure
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Details
Name: | us-gaap_FinancialInstrumentsFinancialAssetsBalanceSheetGroupingsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_FinancialInstrumentsFinancialLiabilitiesBalanceSheetGroupingsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Fair value of financial and nonfinancial obligations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=36462937&loc=d3e19207-110258 + Details
Name: | us-gaap_LiabilitiesFairValueDisclosure
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | us-gaap_FairValueByMeasurementBasisAxis=us-gaap_CarryingReportedAmountFairValueDisclosureMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |