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Interim Condensed Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operations:    
Net income attributable to MercadoLibre, Inc. Shareholders $ 21,184 $ 4,670
Adjustments to reconcile net income to net cash provided by operating activities:    
Net income attributable to Redeemable Noncontrolling Interest   70
Devaluation Loss, net 10,862 13,808
Impairment of Long-Lived Assets 16,226 49,496
Depreciation and amortization 10,970 7,583
Accrued interest (5,769) (4,211)
Convertible bonds accrued interest and amortization of debt discount 8,562  
Long Term Retention Program accrued compensation 8,463 1,931
Deferred income taxes 7,736 (8,672)
Changes in assets and liabilities:    
Accounts receivable (19,342) (22,789)
Credit Card Receivables (52,553) (15,278)
Prepaid expenses (2,327) (1,528)
Other assets (4,122) 1,487
Accounts payable and accrued expenses 40,974 33,770
Funds payable to customers 52,006 21,969
Other liabilities (652) 1,351
Interest received from investments 4,613 4,250
Net cash provided by operating activities 96,831 87,907
Cash flows from investing activities:    
Purchase of investments (950,636) (774,417)
Proceeds from sale and maturity of investments 926,058 746,112
Payment for acquired businesses, net of cash acquired (45,009) (32,127)
Purchases of intangible assets (1,367) (1,951)
Advance for property and equipment (7,473)  
Purchases of property and equipment (16,305) (14,634)
Net cash used in investing activities (94,732) (77,017)
Cash flows from financing activities:    
Funds received from the issuance of convertible notes   330,000
Transaction costs from the issuance of convertible notes   (7,425)
Purchase of convertible notes capped call   (19,668)
Payments on loans payable and other financial liabilities (4,438) (2,726)
Dividends paid (11,878) (13,643)
Repurchase of Common Stock (2,714) (1,944)
Net cash (used in) provided by financing activities (19,030) 284,594
Effect of exchange rate changes on cash and cash equivalents (35,822) (50,248)
Net (decrease) increase in cash and cash equivalents (52,753) 245,236
Cash and cash equivalents, beginning of the period 223,144 140,285
Cash and cash equivalents, end of the period $ 170,391 $ 385,521