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Related Party Transactions | 6 Months Ended
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Jun. 30, 2018
Related Party Transactions [Abstract] |
Related Party Transactions | Related Party Transactions Corporate Transactions between Laureate and Affiliates of Wengen Alberta, Limited Partnership (Wengen) As part of the issuance and sale of shares of the Company’s Series A Preferred Stock in December 2016, KKR and Snow Phipps, affiliates of Wengen, our controlling stockholder, purchased from the Company 60 and 15 shares of Series A Preferred Stock, respectively. During the six months ended June 30, 2018, the Company paid cash dividends on the Series A Preferred Stock totaling $11,103, of which $1,822 was paid to KKR and Snow Phipps. As discussed in Note 10, Commitments and Contingencies, all shares of Series A Preferred Stock were converted to Class A common stock on April 23, 2018. EMEAA Morocco Transactions between Laureate and Noncontrolling Interest Holder of Laureate Somed Education Holding SA (Laureate Somed) Laureate Somed was 60% owned and consolidated by Laureate and was the entity that operated Université Internationale de Casablanca, our institution in Morocco. The 40% noncontrolling interest holder of Laureate Somed made loans to Laureate Somed, and as of December 31, 2017, we had total related party payables of $8,953 to the noncontrolling interest holder of Laureate Somed for the outstanding balance on these loans plus accrued interest. As discussed in Note 5, Dispositions, on April 13, 2018, the Company, along with the noncontrolling interest holder, completed the sale of Laureate Somed and, as a result, these payables were assumed by the buyer.

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- Definition The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -URI http://asc.fasb.org/topic&trid=2122745 + Details
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