FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Dec. 31, 2018

Assets and Liabilities Measured at Fair Value on Recurring Basis

The following table presents Adtalem's assets and liabilities at December 31, 2018, that are measured at fair value on a recurring basis and are categorized using the fair value hierarchy (in thousands):

	Level 1		Level 2		Level 3
Cash and Cash Equivalents	$	294,801	$	-	$	-
Marketable Securities and Investments		7,269		-		-
Institutional Loans Receivable, Net		-		42,146		-
Loan Receivable from DeVry University		-		10,000		-
Deferred Acquisition Obligations		-		18,485		-
Total Financial Assets at Fair Value	$	302,070	$	70,631	$	-

The following table presents Adtalem's assets and liabilities at June 30, 2018, that are measured at fair value on a recurring basis and are categorized using the fair value hierarchy (in thousands):

	Level 1		Level 2		Level 3
Cash and Cash Equivalents	$	430,690	$	-	$	-
Marketable Securities and Investments		4,255		-		-
Institutional Loans Receivable, Net		-		44,320		-
Deferred Acquisition Obligations		-		18,585		-
Total Financial Assets at Fair Value	$	434,945	$	62,905	$	-

The following table presents Adtalem's assets and liabilities at December 31, 2017, that are measured at fair value on a recurring basis and are categorized using the fair value hierarchy (in thousands):

	Level 1		Level 2		Level 3
Cash and Cash Equivalents	$	212,239	$	-	$	-
Marketable Securities and Investments		4,268		-		-
Institutional Loans Receivable, Net		-		38,311		-
Deferred Acquisition Obligations		-		23,903		-
FIES Receivable		-		16,087		-
Total Financial Assets at Fair Value	$	216,507	$	78,301	$	-