XML 98 R72.htm IDEA: XBRL DOCUMENT
v3.7.0.1

Derivative Instruments - Derivatives Not Designated as Hedging Instruments (Details) $ in Thousands |  | 3 Months Ended | 6 Months Ended |  |  |
--- | --- | --- | --- | --- | --- | ---
Dec. 20, 2013 AUD loan | Mar. 31, 2017 USD ($) | Jun. 30, 2017 USD ($) | Dec. 31, 2016 USD ($) | Jan. 31, 2014 AUD | Dec. 31, 2010 USD ($) derivative_instrument
Derivative [Line Items] |  |  |  |  |  |
Fair value of derivative assets |  |  | $ 49,171 | $ 4,464 |  |
Lines of credit | Term Loan Two | Syndicated Facility Agreement |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |
Borrowing under credit facility | AUD | AUD 22,500,000 |  |  |  |  |
THINK | Lines of credit | Term Loan | Syndicated Facility Agreement |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |
Borrowing under credit facility | AUD 45,000,000 |  | 34,223 |  |  |
Number of term loans (loan) | loan | 2 |  |  |  |  |
Days to enter into interest rate swap (within) | 45 days |  |  |  |  |
Required percentage of term loan to be converted to fixed interest rate (at least) | 50.00% |  |  |  |  |
THINK | Lines of credit | Term Loan One | Syndicated Facility Agreement |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |
Borrowing under credit facility | AUD | AUD 22,500,000 |  |  |  |  |
Derivatives not designated as hedging instruments: | Contingent redemption features - Series A Preferred Stock |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |
Fair value of derivative assets |  |  | 48,290 | 4,464 |  |
Included in issuance of Series A convertible redeemable Preferred Stock |  | $ 4,384 |  |  |  |
Unrealized gain on derivatives |  |  | 39,442 |  |  |
Derivatives not designated as hedging instruments: | Cross currency and interest rate swaps |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |
Derivative liability, noncurrent |  |  | 7,663 | 7,420 |  |
Derivatives not designated as hedging instruments: | Cross currency and interest rate swaps | Chile |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |
Derivative, number of instruments held (derivative instrument) | derivative_instrument |  |  |  |  |  | 4
Derivative, notional amount |  |  |  |  |  | $ 31,000
Derivative liability, noncurrent |  |  | 7,663 | 7,420 |  |
Derivatives not designated as hedging instruments: | Cross Currency Interest Rate Contract, Maturing December 1, 2024 | Chile |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |
Derivative, number of instruments held (derivative instrument) | derivative_instrument |  |  |  |  |  | 1
Derivatives not designated as hedging instruments: | Cross Currency Interest Rate Contract, Maturing July 1, 2025 | Chile |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |
Derivative, number of instruments held (derivative instrument) | derivative_instrument |  |  |  |  |  | 3
Derivatives not designated as hedging instruments: | Interest rate swaps |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |
Derivative liability, noncurrent |  |  | 278 | 330 |  |
Derivatives not designated as hedging instruments: | Interest rate swaps | THINK |  |  |  |  |  |
Derivative [Line Items] |  |  |  |  |  |
Derivative, notional amount | AUD |  |  |  |  | AUD 22,500,000 |
Derivative liability, noncurrent |  |  | 278 | $ 330 |  |
Variable interest converted |  |  | $ 17,111 |  | AUD 22,500,000 |
Derivative, fixed interest rate |  |  |  |  | 3.86% |

X
- Definition Aggregate notional amount specified by the derivative(s). Expressed as an absolute value. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Article 12 -Section 13 -Sentence Column B + Details
Name: | invest_DerivativeNotionalAmount
Namespace Prefix: | invest_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | instant

X
- Definition Debt Instrument, Covenant, Maximum Days To Enter Into Interest Rate Swap + References No definition available. + Details
Name: | laur_DebtInstrumentCovenantMaximumDaysToEnterIntoInterestRateSwap
Namespace Prefix: | laur_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Debt Instrument, Covenant, Required Percentage Of Term Loan To Be Converted To Fixed Interest Rate + References No definition available. + Details
Name: | laur_DebtInstrumentCovenantRequiredPercentageOfTermLoanToBeConvertedToFixedInterestRate
Namespace Prefix: | laur_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Derivative Instrument, Effect Of Reclassification Of Preferred Stock To Derivative Assets + References No definition available. + Details
Name: | laur_DerivativeInstrumentEffectOfReclassificationOfPreferredStockToDerivativeAssets
Namespace Prefix: | laur_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Derivative, Variable Interest, Value + References No definition available. + Details
Name: | laur_DerivativeVariableInterestValue
Namespace Prefix: | laur_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Line of Credit Facility, Number of Loans + References No definition available. + Details
Name: | laur_LineofCreditFacilityNumberofLoans
Namespace Prefix: | laur_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition Fair value, after the effects of master netting arrangements, of a financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset, expected to be settled after one year or the normal operating cycle, if longer. Includes assets not subject to a master netting arrangement and not elected to be offset. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 45 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6945355&loc=d3e41271-113958 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=73719730&loc=d3e13433-108611 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 45 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6945355&loc=d3e41228-113958 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=73719730&loc=d3e13495-108611 + Details
Name: | us-gaap_DerivativeAssetsNoncurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Fixed interest rate related to the interest rate derivative. + References No definition available. + Details
Name: | us-gaap_DerivativeFixedInterestRate
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Fair value, after the effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset, expected to be settled after one year or the normal operating cycle, if longer. Includes assets not subject to a master netting arrangement and not elected to be offset. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 45 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6945355&loc=d3e41228-113958 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=73719730&loc=d3e13433-108611 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 45 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6945355&loc=d3e41271-113958 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=73719730&loc=d3e13495-108611 + Details
Name: | us-gaap_DerivativeLiabilitiesNoncurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_DerivativeLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The number of derivative instruments of a particular group held by the entity. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1B -URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5580258-113959 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5579245-113959 + Details
Name: | us-gaap_DerivativeNumberOfInstrumentsHeld
Namespace Prefix: | us-gaap_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(16)) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 + Details
Name: | us-gaap_LineOfCredit
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The net change in the difference between the fair value and the carrying value, or in the comparative fair values, of derivative instruments, including options, swaps, futures, and forward contracts, held at each balance sheet date, that was included in earnings for the period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=66902209&loc=d3e3602-108585 + Details
Name: | us-gaap_UnrealizedGainLossOnDerivatives
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_LineOfCreditMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditFacilityAxis=laur_TermLoanTwoMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=laur_SyndicatedFacilityAgreementMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_BusinessAcquisitionAxis=laur_THINKMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditFacilityAxis=laur_TermLoanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditFacilityAxis=laur_TermLoanOneMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_EquityContractMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_CrossCurrencyInterestRateContractMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementGeographicalAxis=country_CL
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=laur_CrossCurrencyInterestRateContractMaturingDecember12024Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=laur_CrossCurrencyInterestRateContractMaturingJuly12025Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_InterestRateSwapMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |