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Financing Receivables (Tables) | 6 Months Ended
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Jun. 30, 2020
Receivables [Abstract] |
Schedule of financing receivable | Laureate’s financing receivables balances were as follows:
| June 30, 2020 |  | December 31, 2019
Financing receivables | $ | 30,052 |  |  | $ | 28,856 |
Allowance for doubtful accounts | (7,131) |  |  | (5,909) |
Financing receivables, net of allowances | $ | 22,921 |  |  | $ | 22,947 |
Summary of aging of financing receivables by country | The aging of financing receivables grouped by country portfolio was as follows:
| Chile |  | Other |  | Total
As of June 30, 2020 |  |  |  |  |
Amounts past due less than one year | $ | 9,493 |  |  | $ | 821 |  |  | $ | 10,314 |
Amounts past due one year or greater | 2,651 |  |  | 208 |  |  | 2,859 |
Total past due (on non-accrual status) | 12,144 |  |  | 1,029 |  |  | 13,173 |
Not past due | 14,336 |  |  | 2,543 |  |  | 16,879 |
Total financing receivables | $ | 26,480 |  |  | $ | 3,572 |  |  | $ | 30,052 |
As of December 31, 2019 |  |  |  |  |
Amounts past due less than one year | $ | 10,687 |  |  | $ | 1,556 |  |  | $ | 12,243 |
Amounts past due one year or greater | 3,295 |  |  | 62 |  |  | 3,357 |
Total past due (on non-accrual status) | 13,982 |  |  | 1,618 |  |  | 15,600 |
Not past due | 12,556 |  |  | 700 |  |  | 13,256 |
Total financing receivables | $ | 26,538 |  |  | $ | 2,318 |  |  | $ | 28,856 |
Summary of allowance for credit losses on financing receivables | The following is a rollforward of the Allowance for doubtful accounts related to financing receivables for the six months ended June 30, 2020 and 2019, grouped by country portfolio:
| Chile |  | Other |  | Total
Balance at December 31, 2019 | $ | (5,654) |  |  | $ | (255) |  |  | $ | (5,909) |
Charge-offs | 2,879 |  |  | 4 |  |  | 2,883 |
Recoveries | — |  |  | — |  |  | — |
Reclassifications | — |  |  | — |  |  | — |
Provision | (3,712) |  |  | (924) |  |  | (4,636) |
Currency adjustments | 432 |  |  | 99 |  |  | 531 |
Balance at June 30, 2020 | $ | (6,055) |  |  | $ | (1,076) |  |  | $ | (7,131) |
Balance at December 31, 2018 | $ | (6,108) |  |  | $ | (287) |  |  | $ | (6,395) |
Charge-offs | 1,071 |  |  | 495 |  |  | 1,566 |
Recoveries | — |  |  | — |  |  | — |
Reclassifications | — |  |  | — |  |  | — |
Provision | (731) |  |  | (675) |  |  | (1,406) |
Currency adjustments | (129) |  |  | (7) |  |  | (136) |
Balance at June 30, 2019 | $ | (5,897) |  |  | $ | (474) |  |  | $ | (6,371) |
Summary of troubled debt restructuring | The number of financing receivable accounts and the pre- and post-modification account balances modified under the terms of a TDR during the six months ended June 30, 2020 and 2019 were as follows:
| Number of Financing Receivable Accounts |  | Pre-Modification Balance Outstanding |  | Post-Modification Balance Outstanding
2020 | 348 |  |  | $ | 1,222 |  |  | $ | 1,178 |
2019 | 327 |  |  | $ | 1,100 |  |  | $ | 980 |
The preceding table represents accounts modified under the terms of a TDR during the six months ended June 30, 2020, whereas the following table represents accounts modified as a TDR between January 1, 2019 and June 30, 2020 that subsequently defaulted during the six months ended June 30, 2020:
| Number of Financing Receivable Accounts |  | Balance at Default
Total | 122 |  |  | $ | 298 |
The following table represents accounts modified as a TDR between January 1, 2018 and June 30, 2019 that subsequently defaulted during the six months ended June 30, 2019:
| Number of Financing Receivable Accounts |  | Balance at Default
Total | 174 |  |  | $ | 431 |

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