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Document And Entity Information	12 Months Ended
Document And Entity Information	Dec. 31, 2017 shares
Document Information [Line Items]
Document Type	20-F
Amendment Flag	false
Document Period End Date	Dec. 31, 2017
Document Fiscal Year Focus	2017
Document Fiscal Period Focus	FY
Entity Registrant Name	AIRMEDIA GROUP INC.
Entity Central Index Key	0001413745
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding	125,629,779

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents	$ 15,355	$ 117,547
Restricted cash	3,117	0
Accounts receivable, net	10,980	9,781
Prepaid concession fees	7,064	8,231
Other current assets, net	59,825	68,850
Amount due from related parties	2,251	835
Total current assets	98,592	205,244
Property and equipment, net	15,442	61,005
Prepaid equipment costs	290	16,200
Long-term investments	102,434	83,861
Long-term deposits	6,039	6,427
Acquired intangible assets, net	0	1,682
Other non-current assets	2,205	6,771
TOTAL ASSETS	225,002	381,190
Current liabilities:
Accounts payable	48,545	40,366
Accrued expenses and other current liabilities	12,236	33,596
Deferred revenue	1,337	1,764
Income tax payable	13,677	14,483
Total current liabilities	75,795	90,209
Non-current liabilities:
Other non-current liabilities	398	835
Provision for earn out commitment	25,130	23,549
Total liabilities	101,323	114,593
Commitments and contingencies (Note 22 and 23)
Equity
Ordinary shares ($0.001 par value; 900,000,000 shares authorized in 2016 and 2017; 127,662,057 shares and 127,662,057 shares issued as of December 31, 2016 and 2017, respectively; 125,629,779 shares and 125,629,779 shares outstanding as of December 31, 2016 and 2017, respectively)	128	128
Additional paid-in capital	286,739	287,094
Treasury stock (2,032,278 and 2,032,278 shares as of December 31, 2016 and 2017, respectively)	(2,351)	(2,351)
Accumulated deficits	(172,318)	(15,842)
Accumulated other comprehensive (loss) income	35,451	(292)
Total AirMedia Group Inc.'s shareholders' equity	147,649	268,737
Non-controlling interests	(23,970)	(2,140)
Total equity	123,679	266,597
TOTAL LIABILITIES AND EQUITY	$ 225,002	$ 381,190

CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Dec. 31, 2017	Dec. 31, 2016
Common stock, par value per share	$ 0.001	$ 0.001
Common stock, shares authorized	900,000,000	900,000,000
Common stock, shares issued	127,662,057	127,662,057
Common stock, shares outstanding	125,629,779	125,629,779
Treasury stock, shares	2,032,278	2,032,278

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2017

Dec. 31, 2016

Dec. 31, 2015

Revenues

$ 24,328

$ 16,597

$ 50,866

Business tax and other sales tax

(569)

(84)

(633)

Net revenues

23,759

16,513

50,233

Less: Cost of revenues

58,967

49,042

89,577

Gross loss

(35,208)

(32,529)

(39,344)

Operating expenses:

Selling and marketing

12,747

12,056

9,611

General and administrative

63,507

44,401

27,102

Impairment of fixed assets, prepaid equipment cost and intangible assets

67,342

826

Total operating expenses

143,596

57,283

36,713

Loss from operations

(178,804)

(89,812)

(76,057)

Interest income, net

2,645

843

472

Other income, net

214

4,243

1,383

Loss from continuing operations before income taxes and share of loss on equity method investments

(175,945)

(84,726)

(74,202)

Income tax expenses from continuing operations

633

4,483

6,421

Net loss before income (loss) on equity method investments

(176,578)

(89,209)

(80,623)

Income (loss) and impairment on equity method investments

(2,603)

(33)

2,352

Net loss from continuing operations

(179,181)

(89,242)

(78,271)

Less: Net loss from continuing operations attributable to non-controlling interests

22,705

23,617

7,620

Net loss from continuing operations attributable to AirMedia Group Inc.'s shareholders

(156,476)

(65,625)

(70,651)

Discontinued operation:

Net income from discontinued operations (including gain of $244,164 upon the disposal in the year ended December 31, 2015)

272,879

Income tax expenses from discontinued operations

(51,696)

Net income from discontinued operations, net of tax

221,183

Less: Net income from discontinued operations attributable to non-controlling interests

(885)

Net income from discontinued operations attributable to AirMedia Group Inc.'s shareholders

220,298

Net income (loss)

(179,181)

(89,242)

142,912

Net income (loss) attributable to AirMedia Group Inc.'s shareholders

$ (156,476)

$ (65,625)

$ 149,647

Net income (loss) per ordinary share - basic

$ (1.25)

$ (0.52)

$ 1.23

Net income (loss) per ordinary share - diluted

(1.25)

(0.52)

1.16

Net (loss) per ordinary shares from continuing operations - basic

(1.25)

(0.52)

(0.58)

Net (loss) per ordinary shares from continuing operations - diluted

(1.25)

(0.52)

(0.58)

Net income per ordinary shares from discontinued operations - basic

1.81

Net income per ordinary shares from discontinued operations - diluted

$ 0

$ 1.7

Weighted average shares used in calculating net income (loss) per ordinary share Continuing operations - Basic

125,629,779

125,277,056

121,740,194

Weighted average shares used in calculating net income (loss) per ordinary share Discontinued operations - Basic

121,740,194

Weighted average shares used in calculating net income (loss) per ordinary share Continuing operations - Diluted

^[1]

125,629,779

125,277,056

121,740,194

Weighted average shares used in calculating net income (loss) per ordinary share Discontinued operations - Diluted

^[2]

129,372,158

[1]	The effect of options was excluded from the computation of diluted loss per share from continuing operations for the years ended December 31, 2015, 2016 and 2017, respectively, as the effect would be anti-dilutive.
[2]	An incremental weighted average number of 7,631,964, nil and nil ordinary shares from assumed exercise of share option were included in computing the diluted income per share for the discontinued operations for the years ended December 31, 2015, 2016 and 2017, respectively.

CONSOLIDATED STATEMENTS OF OPERATIONS (Parenthetical) $ in Thousands	12 Months Ended
	Dec. 31, 2015 USD ($)
Gain on the disposal	$ 244,164

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Consolidated Statements Of Comprehensive Loss Income
Net income (loss)	$ (179,181)	$ (89,242)	$ 142,912
Other comprehensive (loss) income, net of tax of nil:
Change in cumulative foreign currency translation adjustment	35,716	(24,140)	(11,478)
Comprehensive income (loss)	(143,465)	(113,382)	131,434
Less: comprehensive loss attributable to non-controlling interest	(22,732)	(24,537)	(7,326)
Comprehensive income (loss) attributable to AirMedia Group Inc.'s shareholders	$ (120,733)	$ (88,845)	$ 138,760

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Parenthetical) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Consolidated Statement Of Comprehensive Loss [Abstract]
Tax on other comprehensive income (loss)

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($) $ in Thousands	Total	Ordinary shares [Member]	Additional paid-in capital [Member]	Treasury stock [Member]	Accumulated deficits [Member]	Accumulated other comprehensive Income (loss)[Member]	Total AirMedia Group Inc.'s shareholders' equity [Member]	Non-controlling interests[Member]
Beginning Balance at Dec. 31, 2014	$ 268,872	$ 128	$ 323,167	$ (9,236)	$ (99,138)	$ 33,815	$ 248,736	$ 20,136
Beginning Balance, shares at Dec. 31, 2014		119,942,413
Ordinary shares issued for share based compensation	4,825	$ 0	0	5,458	(633)	0	4,825	0
Ordinary shares issued for share based compensation, shares		4,453,232
Share-based compensation	598	$ 0	598	0	0	0	598	0
Profit distribution to non-controlling interest	(891)	0	0	0	0	0	0	(891)
Capital contribution from non-controlling interests	1,313	0	271	0	0	0	271	1,042
Capital contribution to Guangzhou Meizheng	0	0	(459)	0	0	0	(459)	459
Acquisition of equity interests from non-controlling shareholders	(8,518)	0	(6,163)	0	0	0	(6,163)	(2,355)
Foreign currency translation adjustment	(11,478)	0	0	0	0	(10,887)	(10,887)	(591)
Net income (loss)	142,912	0	0	0	149,647	0	149,647	(6,735)
Ending Balance at Dec. 31, 2015	397,633	$ 128	317,414	(3,778)	49,876	22,928	386,568	11,065
Ending Balance, shares at Dec. 31, 2015		124,395,645
Stock option exercised	1,334	$ 0	0	1,427	(93)	0	1,334	0
Stock option exercised, shares		1,234,134
Share-based compensation	773	$ 0	773	0	0	0	773	0
Capital contribution from non-controlling interests	11,195	0	3,477	0	0	0	3,477	7,718
Acquisition of equity interests from non-controlling shareholders	(30,956)	0	(34,570)	0	0	0	(34,570)	3,614
Foreign currency translation adjustment	(24,140)	0	0	0	0	(23,220)	(23,220)	(920)
Net income (loss)	(89,242)	0	0	0	(65,625)	0	(65,625)	(23,617)
Ending Balance at Dec. 31, 2016	$ 266,597	$ 128	287,094	(2,351)	(15,842)	(292)	268,737	(2,140)
Ending Balance, shares at Dec. 31, 2016		125,629,779
Stock option exercised, shares	0
Share-based compensation	$ 343	$ 0	343	0	0	0	343	0
Capital contribution from non-controlling interests	1,863	0	716	0	0	0	716	1,147
Acquisition of equity interests from non-controlling shareholders	(1,414)	0	(1,414)	0	0	0	(1,414)	0
Disposal of Hainan Jinhui	(245)	0	0	0	0	0	0	(245)
Foreign currency translation adjustment	35,716	0	0	0	0	35,743	35,743	(27)
Net income (loss)	(179,181)	0	0	0	(156,476)	0	(156,476)	(22,705)
Ending Balance at Dec. 31, 2017	$ 123,679	$ 128	$ 286,739	$ (2,351)	$ (172,318)	$ 35,451	$ 147,649	$ (23,970)
Ending Balance, shares at Dec. 31, 2017		125,629,779

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)	$ (179,181)	$ (89,242)	$ 142,912
Less: Net income from discontinued operations	0	0	221,183
Net loss from continuing operations	(179,181)	(89,242)	(78,271)
Adjustments to reconcile net loss to net cash used in operating activities:
Bad debt provisions	37,255	12,697	(2,661)
Depreciation and amortization	12,048	12,971	5,771
Deferred tax provision	0	4,328	4,681
Impairment of fixed assets, prepaid equipment cost and intangible assets	67,342	826	0
Share-based compensation	343	773	567
(Income) loss and impairment on equity method investments	2,603	33	(2,352)
(Gain) loss on disposal of property and equipment	417	22	(129)
Gain on sale/maturity of short-term investments	0	0	(347)
Changes in assets and liabilities
Accounts receivable	(1,874)	(3,250)	13,742
Notes receivable	0	0	762
Prepaid concession fees	1,656	(3,043)	7,302
Other current assets	(821)	(5,369)	(16,045)
Long-term deposits	789	(1,962)	3,632
Other non-current assets	1,304	(781)	2,778
Amount due from related parties	(1,310)	1,813	(4,873)
Accounts payable	4,491	6,730	(8,591)
Accrued expenses and other current liabilities	(920)	2,030	(6,762)
Deferred revenue	(525)	517	(2,643)
Amount due to related parties	0	(15,023)	12,803
Income tax payable	(1,712)	(27,377)	42,600
Other noncurrent liabilities	(475)	(303)	0
Net cash used in continuing operations	(58,570)	(103,610)	(28,036)
Net cash used in discontinued operations	0	0	(41,026)
Net cash used in operating activities	(58,570)	(103,610)	(69,062)
CASH FLOWS FROM INVESTING ACTIVITIES:
Consideration receivable	0	195,915	0
Purchase of property and equipment	(7,170)	(21,558)	(10,389)
Proceeds from disposal of property and equipment	0	0	978
Net amount received upon settlement of short-term investment	0	3,617	14,206
Acquisition of Guangzhou Xinyu	0	0	(4,808)
Acquisition of AM Jiaming	0	0	325
Acquisition of equity interests from non-controlling shareholders	(1,414)	(32,838)	0
Proceeds from disposal of equity investment	1,502	3,014	0
Disposal of controlling interest in a former subsidiary	0	0	(14)
Loan to third parties	(22,635)	(17,093)	(5,572)
Purchase of long term investment	(17,449)	(475)	(3,033)
Net cash (used in) provided by continuing operations	(47,166)	130,582	(8,307)
Net cash provided by discontinued operations	0	0	93,226
Net cash provided by (used in) investing activities	(47,166)	130,582	84,919
CASH FLOWS FROM FINANCING ACTIVITIES:
Cash payment for a short-term loan	0	0	(3,000)
Capital contribution from non-controlling interest	874	9,796	0
Distribution of dividends to non-controlling interests	0	0	(221)
Proceeds from disposal of equity interests of AirMedia Lianhe	0	0	536
Proceeds from options exercised	0	1,334	4,826
Net cash provided by continuing operations	874	11,130	2,141
Net cash used in discontinued operations	0	0	0
Net cash provided by financing activities	874	11,130	2,141
Effect of exchange rate changes	5,787	(7,515)	(1,698)
Net increase (decrease) in cash, cash equivalents and restricted cash	(99,075)	30,587	16,300
Cash, cash equivalents and restricted cash, at beginning of year	117,547	86,960	70,660
Cash, cash equivalents and restricted cash, at end of year	18,472	117,547	86,960
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Income tax paid	1,601	27,712	957
Interests paid for short-term loan	0	0	10
Fair value of property, equipment and other assets acquired in exchange of advertising services rendered and subsidiary's equity transferred	169	541	304
SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITIES:
Payable for purchase of property and equipment	3,569	0	15,925
Acquisition of non-controlling interests	0	1,882	0
Receivable of capital contribution from non-controlling interest	989	1,399	0
Receivable for disposal of equity interests of AM Film and AM Lianhe	0	0	233
Consideration receivable	$ 0	$ 0	$ 200,685

CONSOLIDATED STATEMENTS OF CASH FLOWS (Additional information) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Cash and cash equivalents	$ 15,355	$ 117,547	$ 86,960
Restricted cash	3,117	0	0
Total cash, cash equivalents and restricted cash	$ 18,472	$ 117,547	$ 86,960	$ 70,660

ORGANIZATION AND PRINCIPAL ACTIVITIES

12 Months Ended

Dec. 31, 2017

Organization, Consolidation and Presentation of Financial Statements [Abstract]

ORGANIZATION AND PRINCIPAL ACTIVITIES

1.	ORGANIZATION AND PRINCIPAL ACTIVITIES

Introduction of the Group

AirMedia Group Inc. ("AirMedia" or the "Company") was incorporated in the Cayman Islands on April 12, 2007.

AirMedia, its subsidiaries, its variable interest entities ("VIEs") and VIEs' subsidiaries (collectively the "Group") operate its out-of-home advertising network, primarily air travel advertising network, in the People's Republic of China (the "PRC").

In June 2015, the Company, Yuehang Chuangyi Technology (Beijing) Co., Ltd. (formerly AirMedia Technology (Beijing) Co., Ltd. ("Chuangyi Technology"), Beijing Linghang Shengshi Advertising Co., Ltd. (formerly Beijing Linghang Shengshi Advertising Co., Ltd.) (“Linghang Shengshi”), which is the Company’s VIE in China as well as the controlling shareholder of AirMedia Group Co., Ltd. (“AM Advertising,”), and Mr. Herman Guo, who is registered shareholder of AM Advertising under PRC law entered into a definitive agreement with Beijing Longde Wenchuang Fund Management Co., Ltd. (“Longde Wenchuang” or the “Buyer”) to sell 75% equity interest of AM Advertising for a consideration of RMB2.1 billion (equivalent to $302,400) in cash. As part of the transaction, the Company effected an internal business reorganization and transferred all its media business in airports (excluding digital TV screens in airports and TV-attached digital frames) and all billboard and LED media business outside of airports (excluding gas station media network and digital TV screens on airplanes) to AM Advertising to form the target business to be sold (the "Target Business") and transferred its other business out of AM Advertising. To effectuate the sale, the Company removed the VIE structure with respect to AM Advertising. The change in the equity ownership of AM Advertising was registered with the local branch of the State Administration for Industry and Commerce, or the SAIC, in December 2015. Since then, there have been other investors invested in AM Advertising, the Company now holds approximately 20.18% equity interest in AM Advertising and has ceased to consolidate the results of AM Advertising since December 2015.

In December 2015, Longde Wenchuang transferred 46.43% equity interest of AM Advertising to Beijing Culture Center Construction Development Fund (LLP) ("Culture Center", together with Longde Wenchuang, the "Buyers"). Longde Wenchuang retained 28.57% equity interest of AM Advertising.

This disposal represents a strategic shift on our advertising business from air travel media to gas station media and Wi-Fi service and has a major effect on the Group’s results of operations. Accordingly, assets and liabilities, revenues and expenses, and cash flows related to the disposed entities have been reclassified in the accompanying consolidated financial statements as discontinued operations for all periods presented.

On June 19, 2015, Mr. Herman Man Guo submitted to the Board of Directors of the Company a preliminary non-binding proposal letter (the “Proposal Letter”) to acquire the Company in a going private transaction for $3.00 in cash per share (or $6.00 in cash per ADS) other than any ordinary shares or ADSs of the Company beneficially held by Mr. Herman Man Guo, his affiliates or other management shareholders who may choose to roll over their shares in connection with the proposed acquisition (the “Proposal”). The Board of Directors has formed a special committee consisting of three independent directors to consider the Proposal. On September 30, 2015, the Company entered into a definitive Agreement and Plan of Merger (the “Merger Agreement”) with AirMedia Holdings Ltd. (“Parent”) and AirMedia Merger Company Limited (“Merger Sub”), a wholly owned subsidiary of Parent, pursuant to which Parent will acquire AirMedia (the “Transaction”) for $3.00 per ordinary share of the Company (a “Share”) or $6.00 per American depositary share, each representing two Shares (an “ADS”). This amount represents a premium of 70.5% over the Company’s closing price of $3.52 per ADS on June 18, 2015, the last trading day prior to June 19, 2015, the date that the Company announced that it had received a “going-private” proposal. Under the terms of the Merger Agreement, either the Company or Parent could terminate the Merger Agreement if the merger contemplated by the Merger Agreement (the “Merger”) was not been completed by June 28, 2016 (the “Termination Date”). On June 27, 2016 and December 19, 2016, the Company entered into Amendment NO. 1 and Amendment NO. 2 to the Agreement and Plan of Merger Agreement. As a result, the Termination Date was further extended to June 30, 2017.

The special committee received a proposed amendment to the Merger Agreement from the buyer group, comprised of Mr. Guo, Ms. Dan Shao and Mr. Qing Xu, on May 23, 2017 to (a) acquire all of the outstanding shares not already owned by the buyer group for $4.00 per ADS or $2.00 per ordinary share in cash, and (b) extend the Termination Date to July 31, 2017. On June 28, 2017, the parties entered into Amendment No.3 to the Merger Agreement to further extend the termination date to July 31, 2017 so as to give the special committee sufficient time to consider the proposed amendment.

On July 31, 2017, the special committee received a proposed amendment to the Merger Agreement from the buyer group, comprised of Mr. Guo, Ms. Dan Shao and Mr. Qing Xu to (a) acquire all of the outstanding shares not already owned by the buyer group for $4.10 per ADS or $2.05 per ordinary share in cash, (b) the parent termination fee has been increased from $5,320 to $10,640, (c) Parent and Merger Sub have both agreed to, on or prior to October 31, 2017, deposit an amount equal to the parent termination fee into an escrow account or cause the issuance of a letter of credit in the same amount for the benefit of the Company as security for the payment of the parent termination fee; d) the Company and its relevant subsidiaries have agreed to facilitate the satisfaction of funding conditions under the Debt Commitment Letter; and e) extend the Termination Date to December 31, 2017. The parties entered into Amendment No.4 to the Merger Agreement to further extend the termination date to December 31, 2017 so as to give the special committee sufficient time to consider the proposed amendment.

On October 31, 2017, the parties entered into Amendment No. 5 and announced that Parent and Merger Sub could not arrange such cash escrow or letter of credit on or prior to October 31, 2017 due to regulatory and policy reasons. As Mr. Herman Guo Man, Ms. Dan Shao and Mr. Qing Xu (collectively, the “Buyer Group”) are committed to proceeding with the going-private transaction, the Buyer Group proposed to provide real properties owned by one member of the Buyer Group as an alternative collateral and security to the above arrangement, and the parties entered into the Merger Agreement Amendment No. 5 to reflect such alternative collateral and security.

On December 27, 2017, the Company announced that it entered into a termination agreement with AirMedia Holdings Ltd. and AirMedia Merger Company Limited to terminate the previously announced merger agreement in view that the going private transaction would not be completed by December 31, 2017, the termination date of the merger agreement. The parties have released each other from all liabilities and obligations with respect to the proposed transaction, and no termination fees will be payable by either party.

As of issuance date of this report, details of the Company's subsidiaries, VIEs and VIEs' subsidiaries are as follows:

	Date of		Percentage
	incorporation/	Place of	of legal
Name	acquisition	incorporation	ownership

Intermediate Holding Company:

Broad Cosmos Enterprises Ltd. (“Broad Cosmos”)	June 26, 2006	British Virgin Islands ("BVI")		100	%

Air Net International Limited (Formerly AirMedia International Limited ("Air Net International")	July 14, 2007	BVI		100	%

Air Net (China) Limited (Fomerly AirMedia (China) Limited) ("AN China")	August 5, 2005	Hong Kong		100	%

Subsidiaries:
Yuehang Chuangyi Technology (Beijing) Co., Ltd. (Formerly AirMedia Technology (Beijing) Co., Ltd. ("Chuangyi Technology")	September 19, 2005	the PRC		100	%

Shenzhen Yuehang Information Technology Co., Ltd. (Formerly Shenzhen AirMedia Information Technology Co., Ltd.) ("Shenzhen Yuehang")	June 6, 2006	the PRC		100	%

Xi'an Shengshi Dinghong Information Technology Co., Ltd. (Formerly Xi'an AirMedia Chuangyi Technology Co., Ltd.) ("Xi'an Shengshi")	December 31, 2007	the PRC		100	%

VIEs:
Beijing Linghang Shengshi Advertising Co., Ltd.
(Formerly Beijing Linghang Shengshi Advertising Co., Ltd.)
("Linghang Shengshi ")	August 7, 2005	the PRC		N/A

Beijing Wangfan Jiaming Advertising Co.,Ltd.
(Formerly Beijing AirMedia Jiaming Advertising Co., Ltd.)
("Jiaming Advertising")	January 1, 2007	the PRC		N/A

Beijing Yuehang Digital Media Advertising Co., Ltd. ("Beijing Yuehang")	January 16, 2008	the PRC		N/A

AirMedia Online Network Technology Group Co., Ltd. (Formerly AirMedia Online Network Technology Co., Ltd.) ("AM Online")	April 30, 2015	the PRC		N/A

	Date of		Percentage
	incorporation/	Place of	of legal
Name	acquisition	incorporation	ownership

VIEs' subsidiaries:

Beijing Airnet Pictures Co., Ltd. (Formerly Beijing AirMedia Film & TV Culture Co., Ltd.) ("Airnet Pictures")	September 13, 2007	the PRC		N/A

Beijing Zhihe Xianglong Advertising Co., Ltd. (Formerly Flying Dragon Media Advertising Co., Ltd.) ("Flying Dragon" )	August 1, 2008	the PRC		N/A

Wenzhou Yuehang Advertising Co., Ltd. (Formerly Wenzhou AirMedia Advertising Co., Ltd.) ("Wenzhou Yuehang")	October 17, 2008	the PRC		N/A

Beijing Dongding Gongyi Advertising Co., Ltd. ("Dongding")	February 1, 2010	the PRC		N/A

Beijing GreatView Media Advertising Co., Ltd. (Formerly Beijing Weimei Shengjing Media Advertising Co., Ltd.) ("GreatView Media")	April 28, 2011	the PRC		N/A

Guangzhou Meizheng Online Network Technology Co., Ltd. (Formerly Guangzhou Meizheng Advertising Co., Ltd.) ("Guangzhou Meizheng")	May 17, 2013	the PRC		N/A

Beijing Yuehang Tianyi Electronic Information Technology Co., Ltd.(Formerly Beijing AirMedia Tianyi Information Technology Co., Ltd.) ("Yuehang Tianyi")	September 25, 2013	the PRC		N/A

Wangfan Linghang Mobile Network Technology Co., Ltd. (Formerly AirMedia Mobile Network Technology Co., Ltd. ("Linghang")	April 23, 2015	the PRC		N/A

Guangzhou Meizheng Information Technology Co., Ltd. ("Guangzhou Tech")	June 18, 2015	the PRC		N/A

AirMedia Henglong Mobile Network Technology Co., Ltd. ("AMHL Mobile")	April 27, 2015	the PRC		N/A

Beijing Wangfan Jiaming Pictures Co., Ltd. (Formerly Beijing AirMedia Jiaming Film & TV Culture Co., Ltd.) ("Wangfan Jiaming")	December 31, 2015	the PRC		N/A

Meizheng Network Information Technology Co., Ltd. (“Meizheng Network”)	August 8, 2016	the PRC		N/A

Wangfan Network Technology Co., Ltd.(“Iwanfan”)	May 6, 2016	the PRC		N/A

Shandong Airmedia Cheweishi Network Technology Co., Ltd.(Formerly Shandong Airmedia Car Safety Technology Co.,Ltd.) (“Shangdong Cheweishi”)	July 21, 2016	the PRC		N/A

Dingsheng Ruizhi (Beiing) Investment Consulting Co., Ltd. (“Dingsheng Ruizhi”)	May 25, 2016	the PRC		N/A

Wangfan Tongda Culture Development (Beijing) Co., Ltd. (“Tongda Culture”)	May 11, 2018	the PRC		N/A

Yuehang Zhongying E-commerce Co., Ltd. (“Zhongying”)	May 17, 2018	the PRC		N/A

Beijing Airport United Culture Media Co., Ltd. (“Airport United”)	June 19, 2018	the PRC		N/A

The VIE arrangements

Chinese regulations currently limit foreign ownership of companies that provide advertising services, including out-of-home television advertising services. Since December 30, 2005, foreign investors have been permitted to own directly 100% interest in PRC advertising companies if the foreign investor has at least three years of direct operations of advertising business outside of the PRC.

One of the Company's subsidiary, AN China, the 100% shareholder of Chuangyi Technology, Shenzhen Yuehang, and Xi’an Shengshi, has been engaged in the advertising business in Hong Kong since September 2008.

The Group conducts substantially all of its activities through VIEs, i.e. Linghang Shengshi, Beijing Yuehang and AM Online, and the VIEs' subsidiaries. The VIEs have entered into the following series of agreements with Chuangyi Technology:

Technology support and service agreement: Chuangyi Technology provides exclusive technology support and consulting services to the VIEs and in return, the VIEs are required to pay Chuangyi Technology service fees. The VIEs pay to Chuangyi Technology annual service fees in the amount that guarantee that the VIEs can achieve, after deducting such service fees payable to Chuangyi Technology, a net cost-plus rate of no less than 0.5% in the case of Linghang Shengshi, and Jiaming Advertising, or 1.0% in the case of Beijing Yuehang, which final rate should be determined by Chuangyi Technology. The "net cost-plus rate" refers to the operating profit as a percentage of total costs and expenses of a certain entity. The technology support and service fees for each given year payable by AM Online to Chuangyi Technology under AM Online’s technology support and service agreement shall be determined by AM Online and Chuangyi Technology at the first month of such year taking into account several factors. Those factors include the credential of the team of Chuangyi Technology that provides services to AM Online, the number of service hours, the nature and value of the services provided by Chuangyi Technology, the extent to which Chuangyi Technology provides patent or other license to AM Online in its provision of technology support and service and the correlation between AM Online’s results of operations and the technology support and service provided by Chuangyi Technology. In the event Chuangyi Technology finds it necessary to make subsequent adjustment to the amount of fees, AM Online shall negotiate in good faith with Chuangyi Technology to determine the new fee. The technology support and service agreements are effective for ten years and such term is automatically renewed upon its expiry unless either party informs the other party of its intention of no extension at least twenty days prior to the expiration of the agreements.

Technology development agreement: VIEs exclusively engaged Chuangyi Technology to provide technology development services. Chuangyi Technology owns the intellectual property rights developed in the performance of these agreements. Except for AM Online, the VIEs pay to Chuangyi Technology annual service fees in the amount that guarantee that the VIEs can achieve, after deducting such service fees payable to Chuangyi Technology, a net cost-plus rate of no less than 0.5% in the case of Linghang Shengshi, and Jiaming Advertising, which final rate should be determined by Chuangyi Technology. It is at Chuangyi Technology's sole discretion that the rate and amount of fees ultimately charged the VIEs under these agreements are determined. The "net cost-plus rate" refers to the operating profit as a percentage of total costs and expenses of a certain entity. The technology development fees for each given year payable by AM Online to Chuangyi Technology under AM Online’s technology development agreement shall be determined by AM Online and Chuangyi Technology at the first month of such year taking into account several factors. Those factors include the credential of the team of Chuangyi Technology that provides services to AM Online, the number of service hours, the nature and value of the services provided by Chuangyi Technology, the extent to which Chuangyi Technology provides patent or other license to AM Online in its provision of technology development service and the correlation between AM Online’s results of operations and the technology development service provided by Chuangyi Technology. In the event Chuangyi Technology finds it necessary to make subsequent adjustment to the amount of fees, AM Online shall negotiate in good faith with Chuangyi Technology to determine the new fee. The technology development agreements are effective for ten years and such terms is automatically renewed upon its expiry unless either party informs the other party of its intention of no extension at least twenty days prior to the expiration of the agreements.

Exclusive Technology Consultation and Service Agreement: AM online exclusively engages Chuangyi Technology to provide consultation services in relation to management, training, marketing and promotion. AM Online agrees to pay to Chuangyi Technology the amount of annual service fees as determined by Chuangyi Technology. In the event Chuangyi Technology finds it necessary to make subsequent adjustment to the amount of fees, AM Online shall negotiate in good faith with Chuangyi Technology to determine the new fees. The exclusive technology consultation and service agreement remains effective for ten years and such term may be reviewed by Chuangyi Technology’s written confirmation prior to the expiration of the agreement term.

Call option agreement: Under the call option agreements between Chuangyi Technology and the shareholders of Linghang Shengshi, Beijing Yuehang and Jiaming Advertising, the shareholders of those VIEs irrevocably granted Chuangyi Technology or its designated third party an exclusive option to purchase from the VIEs' shareholders, to the extent permitted under PRC law, all the equity interests in the VIEs, as the case may be, for the minimum amount of consideration permitted by the applicable law without any other conditions. Under the call option agreements between Chuangyi Technology and the shareholders of AM Online, the shareholders of AM Online irrevocably granted Chuangyi Technology or its designated third party an exclusive option to purchase from the shareholders of AM Online, to the extent permitted under PRC law, all the equity interests in AM Online, as the case may be. To the extent the applicable PRC law does not require the valuation of the subject equity interests and does not otherwise restrict the purchase price for such equity interests, such purchase price shall equal the amount of actual payment made by the respective shareholders of AM Online with respect to the equity interests whether in the form or share capital injection or secondary purchase price. If and where the applicable PRC law requires the valuation of the subject equity interests or otherwise has restrictions on the purchase price for such equity interests, such purchase price shall equal the minimum amount of consideration permitted by the applicable law. In addition, under these agreements (except for the call option agreements between Chuangyi Technology and the shareholders of AM Online), Chuangyi Technology has undertaken to act as guarantor of VIEs in all operations-related contracts, agreements and transactions and commit to provide loans to support the business development needs of VIEs or if the VIEs suffer operating difficulties, provided that the relevant VIE's shareholders satisfy the terms and conditions in the call option agreements. Under PRC laws, to provide an effective guarantee, a guarantor needs to execute a specific written agreement with the beneficiary of the guarantee. As Chuangyi Technology has not entered into any written guarantee agreements with any third party beneficiaries to guarantee the VIEs' performance obligations to these third parties, none of these third parties can demand performance from Chuangyi Technology as a guarantor of the VIEs' performance obligations. The absence of a written guarantee agreement, however, does not affect our conclusion that we are the primary beneficiary of the VIEs and in turn should consolidate the financials of the VIEs. The term of each call option agreement is ten years and such terms can be renewed upon expiration at Chuangyi Technology's sole discretion.

Equity pledge agreement: Under the equity pledge agreements between Chuangyi Technology and the shareholders of our VIEs other than AM Online, the shareholders of those VIEs pledged all of their equity interests, including the right to receive declared dividends, in those VIEs to Chuangyi Technology to guarantee those VIEs' performance of their obligations under the technology support and service agreement and the technology development agreement. Under the equity pledge agreements between Chuangyi Technology and the shareholders of AM Online, the shareholders of AM Online pledged all of their equity interests, including the right to receive declared dividends, in AM Online to Chuangyi Technology to guarantee the performance by AM Online of its obligations under its call option agreement and its exclusive technology consultation and service agreement. If the VIEs fail to perform their obligations set forth in the applicable agreements, Chuangyi Technology shall be entitled to exercise all the remedies and powers set forth in the provisions of the applicable equity pledge agreements. Those agreements remain effective for as long as the technology support and service agreements and technology development agreement are effective, or, in the case of AM Online, until two years after the term of the obligations under the call option agreement and exclusive technology consultation and service agreement.

Authorization letter: Each shareholder of the VIEs has executed an authorization letter to authorize Chuangyi Technology to exercise certain of its rights, including voting rights, the rights to enter into legal documents and the rights to transfer any or all of its equity interest in the VIEs. The authorization letters by the shareholders of our VIEs other than AM Online will remain effective during the operating periods of the respective VIEs. Such authorization is effective for ten years and such term is renewed upon its expiry at Chuangyi Technology's sole discretion. The authorization letters by the shareholders of AM Online will remain effective for as long as the respective parties remain shareholders of AM Online unless terminated earlier by Chuangyi Technology or the call option agreement with respect to AM Online is terminated prior to its expiration.

Through the above contractual arrangements, Chuangyi Technology has obtained 100% of shareholders' voting interest in the VIEs, has the right to receive all dividends declared and paid by the VIEs and may receive substantially all of the net income of the VIEs through the technical support and service fees as determined by Chuangyi Technology at its sole discretion. Accordingly, we have consolidated the VIEs because we believe, through the contractual arrangements, (1) Chuangyi Technology could direct the activities of the VIEs that most significantly affect its economic performance and (2) Chuangyi Technology could receive substantially all of the benefits that could be potentially significant to the VIEs. Other than the contractual arrangements described above, because the management and certain employees of Chuangyi Technology also serve in the VIEs as management or employees, certain operating costs paid by Chuangyi Technology, such as payroll costs and office rental, were re-charged to the VIEs.

Chuangyi Technology also entered into loan agreements with each shareholder of AM Online, pursuant to which Chuangyi Technology permits to make loans in an aggregate amount of RMB 40,000 to the shareholders of AM Online solely for the incorporation and capitalization of AM Online. The loan is interest free and the term of the loan is ten years and shall be automatically renewed on an annual basis unless Chuangyi Technology objects. Chuangyi Technology can require the shareholders to repay all or a portion of the loan before the maturity date with a 15 days prior written notice. Under such circumstances, Chuangyi Technology is entitled to, or designate a third party to, buy all or a portion of the shareholders' equity interests in AM Online on a pro rata basis based on the amount of the repaid principal of the loan.

Risks in relation to the VIE structure

The Group believes that the VIE arrangements are in compliance with PRC law and are legally enforceable. The shareholders of the VIEs are also shareholders of the Group and therefore have no current interest in seeking to act contrary to the contractual arrangements. However, uncertainties in the PRC legal system could limit the Group's ability to enforce these contractual arrangements and if the shareholders of the VIEs were to reduce their interest in the Group, their interests may diverge from that of the Group and that may potentially increase the risk that they would seek to act contrary to the contractual terms, for example by influencing the VIEs not to pay the service fees when required to do so.

The Group's ability to control the VIEs also depends on the authorization letters that Chuangyi Technology has to vote on all matters requiring shareholder approval in the VIEs. As noted above, the Group believes the rights granted by the authorization letters is legally enforceable but may not be as effective as direct equity ownership.

In addition, if the legal structure and contractual arrangements were found to be in violation of any existing PRC laws and regulations, the PRC government could:

revoke the business and operating licenses of the Group's PRC subsidiaries and affiliates;

discontinue or restricting the Group's PRC subsidiaries' and affiliates' operations;

impose conditions or requirements with which the Group or its PRC subsidiaries and affiliates may not be able to comply; or

require the Group or its PRC subsidiaries and affiliates to restructure the relevant ownership structure or operations;

The imposition of any of these penalties may result in a material and adverse effect on the Group's ability to conduct the Group's business. In addition, if the imposition of any of these penalties causes the Group to lose the rights to direct the activities of the VIEs and its subsidiaries or the right to receive their economic benefits, the Group would no longer be able to consolidate the VIEs. The Group does not believe that any penalties imposed or actions taken by the PRC Government would result in the liquidation of the Group, Chuangyi Technology, or the VIEs.

Certain shareholders of VIEs are also beneficial owners or directors of the Company. In addition, certain beneficial owners and directors of the Company are also directors or officers of VIEs. Their interests as beneficial owners of VIEs may differ from the interests of the Company as a whole. The Company cannot be certain that if conflicts of interest arise, these parties will act in the best interests of the Company or that conflicts of interests will be resolved in the Company's favor. Currently, the Company does not have existing arrangements to address potential conflicts of interest these parties may encounter in their capacity as beneficial owners of VIEs, on the one hand, and as beneficial owners of the Company, on the other hand. The Company believes the shareholders of VIEs will not act contrary to any of the contractual arrangements and the exclusive purchase right contract provides the Company with a mechanism to remove them as shareholders of VIEs should they act to the detriment of the Company. If any conflict of interest or dispute between the Company and the shareholders of VIEs arises and the Company is unable to resolve it, the Company would have to rely on legal proceedings in the PRC. Such legal proceedings could result in disruption of its business; moreover, there is substantial uncertainty as to the ultimate outcome of any such legal proceedings.

The following financial statement information for AirMedia's VIEs were included in the accompanying consolidated financial statements, presented net of intercompany eliminations, as of and for the years ended December 31:

	As of December 31,
	2016		2017

Total current assets	$	177,425	$	73,362
Total non-current assets		127,486		122,489

Total assets		304,911		195,851

Total current liabilities		71,535		63,302
Total non-current liabilities		24,384		25,528

Total liabilities	$	95,919	$	89,294

	For the years ended December 31,
	2015			2016			2017

Net revenues	$	46,237		$	16,311		$	23,759
Net loss		(60,117	)		(81,659	)		(173,516	)

The VIEs contributed an aggregate of 98.0%, 98.8% and 100.0% of the consolidated net revenues for the years ended December 31, 2015, 2016 and 2017, respectively. As of December 31, 2016 and 2017, the VIEs accounted for an aggregate of 80.0% and 85.6%, respectively, of the consolidated total assets, and 83.7% and 85.6%, respectively, of the consolidated total liabilities.

There are no consolidated VIEs' assets that are collateral for the VIEs' obligations and can only be used to settle the VIEs' obligations. There are no creditors (or beneficial interest holders) of the VIEs that have recourse to the general credit of the Company or any of its consolidated subsidiaries. There are no terms in any arrangements, considering both explicit arrangements and implicit variable interests, which require the Company or its subsidiaries to provide financial support to the VIEs. However, if the VIEs ever need financial support, the Company or its subsidiaries may, at its option and subject to statutory limits and restrictions, provide financial support to its VIEs through loans to the shareholder of the VIEs or entrustment loans to the VIEs.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

12 Months Ended

Dec. 31, 2017

Accounting Policies [Abstract]

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

2.	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

(a)

Basis of presentation

The consolidated financial statements of the Group have been prepared in accordance with accounting principles generally accepted in the United States of America ("US GAAP").

(b)

Going concern

The Group incurred operating losses and had negative operating cash flows and may continue to generate negative cash flows as the Group implements its business plan for 2018. There can be no assurance that the continuing efforts to execute the business plan will be successful and that the Group will be able to continue as a going concern.

The Group incurred losses from operations of $89,812 and $178,804 for the years ended December 31, 2016 and 2017. As of December 31, 2017, the Group had accumulated deficit of $172,318. The Group had negative cash flows from operating activities for the years ended December 31, 2016 and 2017, the net cash used in operating activities was $103,610 and $58,570 for the years ended December 31, 2016 and 2017. These conditions raise substantial doubt about the Group’s ability to continue as a going concern.

The Group intends to meet the cash requirements for the next 12 months from the issuance date of this report through a combination of debt, equity financing by way of private placements, friends, family and business associates and management financial support. The Group will focus on the following activities:

1. The Group plans to pledge the residual 20.18% shares of equity interest of AM Advertising in Bank of Beijing to acquire the long-term borrowing amounted to $30,739 (RMB 200,000), the pledge plan is in process of Bank of Beijing’s approval.

2. The Group is in the process of selling the residual 20.18% shares of AM Advertising to third parties.

3. The Group plans to issue one of its subsidiary’s shares to finance $23,055 (RMB 150,000) from potential investor.

4. The Group is focusing on improving operation efficiency and cost reduction to standardize operations, enhance internal controls, and create synergy of the Company’s resources.

The Group has also acquired the financial support letter from Mr. Man Guo and Mr. Qing Xu, Mr. Man Guo and Mr. Qing Xu express their willingness and intent to provide the necessary financial support to the Group, so as to enable the Group to meet its liabilities as and when it falls due and to carry on its business without a significant curtailment of operations for the next 12 months from the issuance date of this report.

As a result, management prepared the consolidated financial statements assuming the Group will continue as a going concern. However, there is no assurance that the measures above can be achieved as planned. The consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty.

(c)

Basis of consolidation

The consolidated financial statements include the financial statements of the Company, its subsidiaries, its VIEs and its VIEs' subsidiaries. All inter-company transactions and balances have been eliminated upon consolidation.

(d)

Discontinued operations

A disposal of a component of an entity or a group of components of an entity shall be reported in discontinued operations if the disposal represents a strategic shift that has (or will have) a major effect on an entity’s operations. Classification as a discontinued operation occurs upon disposal or when the operation meets the criteria to be classified as held for sale, if earlier. Where an operation is classified as discontinued, a single amount is presented on the face of the consolidated statements of operations. The amount of total current assets, total non-current assets, total current liabilities and total non-current liabilities are presented separately on the consolidated balance sheets.

(e)

Use of estimates

The preparation of financial statements in conformity with US GAAP requires to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period and accompanying notes, including allowance for doubtful accounts, the useful lives of property and equipment and intangible assets, impairment of long-term investments, impairment of long-lived assets, share-based compensation and valuation allowance for deferred tax assets. Actual results could differ from those estimates.

(f)

Significant risks and uncertainties

The Group participates in a dynamic industry and believes that changes in any of the following areas could have a material adverse effect on the Group's future financial position, results of operations, or cash flows: net losses in the past and futures; failure in launching new business; a significant or prolonged economic downturn; contraction in the air travel advertising industry in China; competition from other competitors; regulatory or other PRC related factors; fluctuations in the demand for air travel; past and future acquisitions; failure to maintain an effective system of internal control over financial reporting and effective disclosure controls and procedures; risks associated with the Group's ability to attract and retain employees necessary to support its growth; risks associated with the Group's growth strategies; and general risks associated with the industry.

(g)

Fair value

Fair value is the price that would be received from selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date under current market conditions. When determining the fair value measurements for assets and liabilities required or permitted to be recorded at fair value, the Group considers the principal or most advantageous market in which it would transact and it considers assumptions that market participants would use when pricing the asset or liability.

Authoritative literature provides a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The level in the hierarchy within which the fair value measurement in its entirety falls is based upon the lowest level of input that is significant to the fair value measurement as follows:

Level 1

Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities.

Level 2

Level 2 applies to assets or liabilities for which there are inputs other than quoted prices included within Level 1 that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data.

Level 3

Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities.

(h)

Fair value of financial instruments

The Group's financial instruments include cash, accounts receivable, amount due from related parties and accounts payable. The Group did not have any other financial assets and liabilities or nonfinancial assets and liabilities that are measured at fair value on recurring basis as of December 31, 2016 and 2017.

The Group's financial assets and liabilities measured at fair value on a non-recurring basis include certain assets in connection with an equity share exchange transaction based on level 2 inputs and acquired assets and liabilities based on level 3 inputs in connection with business combinations.

(i)

Cash and cash equivalents

Cash and cash equivalents consist of cash on hand and highly liquid deposits which are unrestricted as to withdrawal or use, and which have original maturities of three months or less when purchased.

(j)

Restricted cash

Restricted cash relates to amount required by the bank as the deposits for the purpose of commercial notes issuance.

(k)

Property and equipment , net

Property and equipment are carried at cost less accumulated depreciation. Depreciation is calculated on a straight-line basis over the following estimated useful lives:

Network equipment		5 years
Office property		40 years
Furniture and fixture		5 years
Computer and office equipment		3-5 years
Vehicle		5 years
Software		5 years
Leasehold improvement		Shorter of the term of the lease
		or the estimated useful lives of the assets

Costs of repairs and maintenance are expensed as incurred and asset improvements that extend the useful life are capitalized. The gain or loss on disposal of property and equipment is the difference between the net sales proceeds and the carrying amount of the relevant assets and is recognized in the consolidated income statement. When property and equipment are retired or otherwise disposed of the cost and accumulated depreciation are removed from the accounts and any resulting gain or loss is included in the results of operations for the respective period.

(l)

Impairment of long-lived assets

Long-lived assets held and used by the Group are reviewed for impairment whenever events or changes in circumstances indicate that the carrying value of such assets may not be fully recoverable. It is possible that these assets could become impaired as a result of technology, economy or other industry changes. If circumstances require a long-lived asset or asset group to be tested for possible impairment, the Group first compares undiscounted cash flows expected to be generated by that asset or asset group to its carrying value. If the carrying value of the long-lived asset or asset group is not recoverable on an undiscounted cash flow basis, an impairment is recognized to the extent that the carrying value exceeds its fair value. Fair value is determined through various valuation techniques, including discounted cash flow models, relief from royalty income approach, quoted market values and third-party independent appraisals, as considered necessary.

The Group makes various assumptions and estimates regarding estimated future cash flows and other factors in determining the fair values of the respective assets. The assumptions and estimates used to determine future values and remaining useful lives of long-lived assets are complex and subjective. They can be affected by various factors, including external factors such as industry and economic trends, and internal factors such as the Group’s business strategy and its forecasts for specific market expansion.

(m)

Long-term investments

Equity method investments

Investee companies over which the Group has the ability to exercise significant influence, but does not have a controlling interest are accounted for using the equity method. Significant influence is generally considered to exist when the Group has an ownership interest in the voting stock of the investee between 20% and 50%, and other factors, such as representation on the investee's Board of Directors, voting rights and the impact of commercial arrangements, are considered in determining whether the equity method of accounting is appropriate.

Cost method investments

For investments in an investee over which the Group does not have significant influence, the Group carries the investment at cost and recognizes income as any dividends declared from distribution of investee's earnings. The Group reviews the cost method investments for impairment whenever events or changes in circumstances indicate that the carrying value may no longer be recoverable. An impairment loss is recognized in earnings equal to the difference between the investment's carrying amount and its fair value at the balance sheet date of the reporting period for which the assessment is made. The fair value of the investment would then become the new cost basis of the investment.

Impairment for long-term investments

The Group assesses its long-term investments for other-than-temporary impairment by considering factors including, but not limited to, current economic and market conditions, operating performance of the companies, including current earnings trends and undiscounted cash flows, and other company-specific information. The fair value determination, particularly for investments in privately-held companies, requires significant judgment to determine appropriate estimates and assumptions. Changes in these estimates and assumptions could affect the calculation of the fair value of the investments and determination of whether any identified impairment is other-than-temporary. Other-than-temporary impairment loss is recognized in the consolidated statements of comprehensive income equal to the excess of the investment’s carrying value over its fair value at the balance sheet date of the reporting period for which the assessment is made. The fair value would then become the new cost basis of such investment.

(n)

Acquired intangible assets

Acquired intangible assets with definite lives are carried at cost less accumulated amortization. Customer relationships intangible assets are amortized using the estimated attrition pattern of the acquired customers. Amortization of other definite-lived intangible assets is computed using the straight-line method over the following estimated economic lives:

Audio-vision programming & broadcasting qualification	19.5 years
Customer relationships	3-3.4 years
Contract backlog	1.2-3 years
Concession agreements	3.8-10 years
Non-compete agreements	4.4 years

Due to the continuing losses and significant reduced revenue from operations, the Group recognized a fully impairment loss of $1,228 for the year ended December 31, 2017.

(o)

Revenue recognition

The Group's revenues are derived from selling advertising time slots on the Group's advertising networks. For the years ended December 31, 2015, 2016 and 2017, the advertising revenues were generated from TV-attached digital frames in airports, digital TV screens in airports, digital TV screens on airlines, trains and buses WIFI network and gas station media network.

The Group typically signs standard contracts with its advertising customers, who require the Group to run the advertiser's advertisements on the Group's network in airports, airlines, and through WIFI network for a period of time. The Group recognizes advertising revenues ratably over the performance period for which the advertisements are displayed, so long as collection of the fees remains probable.

The Group also wholesales the advertising platforms such as scrolling light boxes and billboards in the gas stations located in some major cities, with the exception of Beijing, Shanghai and Shenzhen, to advertising agents, and signs fixed fee contracts with the agents for a specified period. The revenue is recognized on a straight-line basis over the specified period.

The Group also provides programs like movie to each airline company, which are broadcasted in digital TV screens on airlines. The Group typically signs standard contracts with its airline companies, who require the Group to provide the programs which would play on the Group's digital TV screens on airlines for a specified period. The revenue is recognized on a straight-line basis over the specified period.

Deferred revenue

Prepayments from customers for advertising service are deferred and recognized as revenue when the advertising services are rendered.

(p)

Revenue recognition - continued

Nonmonetary exchanges

The Group occasionally exchanges advertising time slots and locations with other entities for assets or services, such as equipment and other assets. The amount of assets and revenue recognized is based on the fair value of the advertising provided or the fair value of the transferred assets, whichever is more readily determinable. The amounts of revenues recognized for nonmonetary transactions were $473, nil and nil for the years ended December 31, 2015, 2016 and 2017, respectively. No direct costs are attributable to the revenues.

(q)

Value Added Tax ("VAT")

The Company's PRC subsidiaries are subject to value-added taxes at a rate of 6% on revenues from advertising services and paid after deducting input VAT on purchases. The net VAT balance between input VAT and output VAT is reflected in the account as input VAT receivable or other taxes payable.

In July 2012, the Ministry of Finance and the State Administration of Taxation jointly issued a circular regarding the pilot collection of VAT in lieu of business tax in certain areas and industries in the PRC, including Beijing, Jiangsu, Anhui, Fujian, Guangdong, Tianjin, Zhejiang, and Hubei between September and December 2012. Also a circular issued in May 2013 provided that such VAT pilot program is rolled out nationwide since August 2013. Since then, certain subsidiaries and VIEs became subject to VAT at the rates of 6% or 3%, on certain service revenues which were previously subject to business tax. The Company’s gross revenue is presented net of VAT.

(r)

Concession fees

The Group enters concession right agreements with vendors such as airports, airlines, railway bureaus and a petroleum company, under which the Group obtains the right to use the spaces or equipment of the vendors to display the advertisements. The concession right agreements are treated as operating lease arrangements.

Fees under concession right agreements are usually due every three, six or twelve months. Payments made are recorded as current assets and current liabilities according to the respective payment terms. Most of the concession fees with airports, airlines and railway bureaus are fixed with escalation, which means a fixed increase over each year of the agreements. The total concession fee under the concession right agreements with airports and airlines is charged to the consolidated statements of operations on a straight-line basis over the agreement periods, which is generally between three to five years.

The fee structure of the concession right agreement with the petroleum company is based on the actual number of developed gas stations and associated standard annual concession fee for each developed gas station. Each gas station has its specific lease term starting from the time when it is actually put into operation. The calculation of rental payments is based on how many months the gas stations are actually put into operation during the year and the standard annual concession fee determined based on the location of the gas station. Accordingly, each gas station is treated as a separate lease and rental payments are recognized on a straight-line basis over its lease term. The amount of annual concession fee to-be-paid is determined by an actual incurred concession fee or a fixed minimum payment, if any, based on negotiation with the petroleum company.

(s)

Agency fees

The Group pays fees to advertising agencies based on a certain percentage of revenues made through the advertising agencies upon receipt of payment from advertisers. The agency fees are charged to cost of revenues in the consolidated statements of operations ratably over the period in which the advertising is displayed. Prepaid and accrued agency fees are recorded as current assets and current liabilities according to relative timing of payments made and advertising service provided. From time to time, the Group and certain advertising agencies may renegotiate and mutually agree, as permitted by applicable laws, to reduce existing agency fee liabilities as calculated under the terms of existing contracts. Such reductions in the accrued agency fees are recorded as a reduction in cost of sales in the period the renegotiations are finalized.

(t)

Operating leases

Leases where substantially all the rewards and risks of ownership of assets remain with the leasing company are accounted for as operating lease. Payments made under operating leases are charged to the consolidated statements of operations on a straight-line basis over the lease periods.

(u)

Advertising costs

The Group expenses advertising costs as incurred. Total advertising expenses were $350, $720 and $1,209 for the years ended December 31, 2015, 2016 and 2017, respectively, and have been included as part of selling and marketing expenses.

(v)

Foreign currency translation

The functional and reporting currency of the Company and the Company's subsidiaries domiciled in BVI and Hong Kong are the United States dollar ("U.S. dollar"). The financial records of the Company's other subsidiaries, VIEs and VIEs' subsidiaries located in the PRC are maintained in their local currency, the Renminbi ("RMB"), which are the functional currency of these entities.

Monetary assets and liabilities denominated in currencies other than the functional currency are translated into the functional currency at the rates of exchange ruling at the balance sheet date. Transactions in currencies other than the functional currency during the year are converted into functional currency at the applicable rates of exchange prevailing when the transactions occurred. Transaction gains and losses are recognized in the statements of operations.

The Group's entities with functional currency of RMB translate their operating results and financial position into the U.S. dollar, the Company's reporting currency. Assets and liabilities are translated using the exchange rates in effect on the balance sheet date. Revenues, expenses, gains and losses are translated using the average rate for the year. Retained earnings and equity are translated using the historical rate. Translation adjustments are reported as cumulative translation adjustments and are shown as a separate component of other comprehensive income.

(w)

Income taxes

Deferred income taxes are recognized for temporary differences between the tax basis of assets and liabilities and their reported amounts in the financial statements, net operating loss carry forwards and credits, by applying enacted statutory tax rates applicable to future years. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more likely than not that some portion or all of the deferred tax assets will not be realized. Current income taxes are provided for in accordance with the laws and regulations applicable to the Group as enacted by the relevant tax authorities.

The impact of an uncertain income tax position on the income tax return must be recognized at the largest amount that is more-likely-than not to be sustained upon audit by the relevant tax authorities. An uncertain income tax position will not be recognized if it has less than a 50% likelihood of being sustained. Additionally, the Group classifies the interest and penalties, if any, as a component of the income tax expense. According to the PRC Tax Administration and Collection Law, the statute of limitations is three years if the underpayment of taxes is due to computational errors made by the taxpayer or the withholding agent. The statute of limitations is extended to five years under special circumstances, where the underpayment of taxes is more than RMB 100,000. In the case of transfer pricing issues, the statute of limitation is ten years. There is no statute of limitation in the case of tax evasion. According to Hong Kong Inland Revenue Department, the statute of limitation is six years if any company chargeable with tax has not been assessed or has been assessed at less than the proper amount, the statute of limitation is extend to 10 years if the underpayment of taxes is due to fraud or willful evasion. For years ended December 31, 2015, 2016 and 2017, the Group did not have any material interest or penalties associated with tax positions nor did the Group have any significant unrecognized uncertain tax positions. The Company does not expect that its assessment regarding unrecognized tax positions will materially change over the next 12 months. The Company is not currently under examination by an income tax authority, nor has been notified that an examination is contemplated.

(x)

Share-based payments

Share-based payment transactions with employees are measured based on the grant date fair value of the equity instrument issued, and recognized as compensation expenses over the requisite service periods based on a straight-line method, with a corresponding impact reflected in additional paid-in capital.

Share-based payment transactions with non-employees are measured based on the fair value of the options as of each reporting date through the measurement date, with a corresponding impact reflected in additional paid-in capital.

(y)

Comprehensive income (loss)

Comprehensive income (loss) includes net income (loss) and foreign currency translation adjustments and is presented net of tax. The tax effect is nil for the three years ended December 31, 2015, 2016 and 2017 in the consolidated statements of comprehensive income (loss).

(z)

Allowance of doubtful accounts

The Group conducts credit evaluations of clients and generally does not require collateral or other security from clients. The Group establishes an allowance for doubtful accounts based upon estimates, historical experience and other factors surrounding the credit risk of specific clients and utilizes both specific identification and a general reserve to calculate allowance for doubtful accounts. The amount of receivables ultimately not collected by the Group has generally been consistent with expectations and the allowance established for doubtful accounts. If the frequency and amount of customer defaults change due to the clients' financial condition or general economic conditions, the allowance for uncollectible accounts may require adjustment. As a result, the Group continuously monitors outstanding receivables and adjusts allowances for accounts where collection may be in doubt.

(aa)

Concentration of credit risk

Financial instruments that potentially expose the Group to concentrations of credit risk consist primarily of cash and accounts receivable. The Group places their cash with financial institutions with high-credit rating and quality in China. For the years ended December 31, 2015, 2016 and 2017, no individual customer accounted for over 10% of total revenue. There is no customer accounting for 10% or more of total accounts receivables as of December 31, 2016, and there is a customer accounting for 10% of total accounts receivables as of December 31, 2017.

(bb)

Net income (loss) per share

Basic net income (loss) per share are computed by dividing net income (loss) attributable to holders of ordinary shares by the weighted average number of ordinary shares outstanding during the year. Diluted net income (loss) reflects the potential dilution that could occur if securities or other contracts to issue ordinary shares were exercised or converted into ordinary shares. Potential common shares in the diluted net loss per share computation are excluded in periods of losses from continuing operations, as their effect would be anti-dilutive.

(cc)

Government subsidies

The Group primarily receives tax refund and development supporting bonus from tax bureau and local government without any condition or restriction. The government subsidies are recorded in other income on the consolidated statements of operations in the period in which the amounts of such subsidies are received without future performance requirement. The recognized government subsidies as other income are $513, $86 and nil for the years ended December 31, 2015, 2016 and 2017, respectively.

(dd)

Recent issued accounting standards

In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update No. 2014-09, Revenuefrom Contracts with Customers (Topic 606), which supersedes the revenue recognition requirements in Topic 605, Revenue Recognition. The core principle of Topic 606 is to recognize revenues when promised goods or services are transferred to customers in an amount that reflects the consideration that is expected to be received for those goods or services.

To determine revenue recognition for arrangements that an entity determines are within the scope of Topic 606, the entity performs the following five steps: (i) identify the contract(s) with a customer; (ii) identify the performance obligations in the contract; (iii) determine the transaction price; (iv) allocate the transaction price to the performance obligations in the contract; and (v) recognize revenue when (or as) the entity satisfies a performance obligation. Topic 606 also impacts certain other areas, such as the accounting for costs to obtain or fulfill a contract. The standard also requires disclosure of the nature, amount, timing and uncertainty of revenue and cash flows arising from contracts with customers.

Management has adopted this standard effective January 1, 2018 using the modified-retrospective approach, in which case the cumulative effect of applying the standard would be recognized at the date of initial application. The Company also estimates there were no material impact to the beginning balance of retained earnings.

In January 2016, the FASB issued ASU 2016-01, "Financial Instruments—Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities" This guidance revises the accounting related to the classification and measurement of investments in equity securities as well as the presentation for certain fair value changes in financial liabilities measured at fair value, and amends certain disclosure requirements. The guidance requires that all equity investments, except those accounted for under the equity method of accounting or those resulting in the consolidation of the investee, be accounted for at fair value with all fair value changes recognized in income. For financial liabilities measured using the fair value option, the guidance requires that any change in fair value caused by a change in instrument-specific credit risk be presented separately in other comprehensive income until the liability is settled or reaches maturity. The guidance is effective for interim and annual reporting periods in fiscal years beginning after December 15, 2017, with early adoption permitted for certain provisions. A reporting entity would generally record a cumulative-effect adjustment to beginning retained earnings as of the beginning of the first reporting period in which the guidance is adopted. The Group estimated that the adoption of ASU No. 2016-01 will not have a significant impact on its consolidated financial statements.

In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842). The guidance supersedes existing guidance on accounting for leases with the main difference being that operating leases are to be recorded in the statement of financial position as right-of-use assets and lease liabilities, initially measured at the present value of the lease payments. For operating leases with a term of 12 months or less, a lessee is permitted to make an accounting policy election not to recognize lease assets and liabilities. For public business entities, the guidance is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Early application of the guidance is permitted. In transition, entities are required to recognize and measure leases at the beginning of the earliest period presented using a modified retrospective approach. In July 2018, the FASB issued ASU No. 2018-10 and No. 2018-11, Leases (ASC 842). ASU 2018-10 provides narrow amendments that clarify how to apply certain aspects of the guidance in ASU 2016-02. ASU 2018-11 provides entities with an option of an additional transition method, by allowing entities to initially apply the new leases standard at the adoption date and recognize a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption. It also provides lessors an option to not separate lease and non-lease components when certain criteria are met. The Group is in the process of evaluating the impact that this guidance will have on its consolidated financial statements.

In June 2016, the FASB issued ASU No. 2016-13, “Financial Instruments – Credit Losses”, which will require the measurement of all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. The guidance is effective for annual reporting periods beginning after December 15, 2019 and interim periods within those fiscal years. The Company is currently evaluating this statement and its impact on its results of operations or financial position.

In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments, to provide guidance on the presentation and classification of certain cash receipts and cash payments on the statement of cash flows. The guidance specifically addresses cash flow issues with the objective of reducing the diversity in practice. The guidance will be effective for the Company in fiscal year 2018, but early adoption is permitted. The adoption of this guidance is not expected to have a material impact on the Group's consolidated financial condition, results of operations or cash flows.

In November 2016, the FASB issued ASU No. 2016-18, "Statement of Cash Flows: Restricted Cash". The amendments address diversity in practice that exists in the classification and presentation of changes in restricted cash on the statement of cash flows. The amendment is effective for public companies for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. The Group elected to early adopt this guidance on a retrospective basis and have applied the changes to the consolidated statements of cash flows for the years ended December 31, 2015, 2016 and 2017.

In May 2017, the FASB issued ASU No. 2017-09 (“ASU 2017-09”) to provide guidance to clarify when to account for a change to the terms or conditions of a share-based payment award as a modification. Under the new guidance, modification accounting is required only if the fair value, the vesting conditions, or the classification of the award (as equity or liability) changes as a result of the changes in terms or conditions. ASU 2017-09 is effective for all entities for annual periods, and interim periods within those annual periods, beginning after December 15, 2017. Early adoption is permitted and application is prospective. The Group estimated that the adoption of this guidance will not have a material impact on its consolidated financial statements.

In February 2018, the FASB issued ASU 2018-02, Income Statement Reporting Comprehensive Income (Topic 220). The amendments in this Update allow a reclassification from accumulated other comprehensive income to retained earnings for stranded tax effects resulting from the Tax Cuts and Jobs Act. Consequently, the amendments eliminate the stranded tax effects resulting from the Tax Cuts and Jobs Act and will improve the usefulness of information reported to financial statement users. However, because the amendments only relate to the reclassification of the income tax effects of the Tax Cuts and Jobs Act, the underlying guidance that requires that the effect of a change in tax laws or rates be included in income from continuing operations is not affected. The amendments in this Update also require certain disclosures about stranded tax effects. Public business entities should apply the amendments in ASU 2018-02 for fiscal years beginning after December 15, 2018, and interim periods within those fiscal years. Early adoption of the amendments in this Update is permitted, including adoption in any interim period, (1) for public business entities for reporting periods for which financial statements have not yet been issued and (2) for all other entities for reporting periods for which financial statements have not yet been made available for issuance. The Company is currently evaluating the impact of adopting ASU 2018-02 on its consolidated financial statements.

In February 2018, the FASB issued guidance to address the income tax accounting treatment of the tax effects within other comprehensive income due to the enactment of the Tax Cuts and Jobs Act (the “Tax Act”). This guidance allows entities to elect to reclassify the tax effects of the change in the income tax rates from other comprehensive income to retained earnings. The guidance is effective for periods beginning after December 15, 2018 although early adoption is permitted. In March 2018, the FASB issued ASU No. 2018-05, Income Tax (Topic 740) - Amendments to SEC Paragraphs Pursuant to SEC Staff Accounting Bulletin No. 118. This update adds SEC paragraphs pursuant to the SEC Staff Accounting Bulletin No. 118, which expresses the view of the staff regarding application of Topic 740, Income Taxes, in the reporting period that includes December 22, 2017 - the date on which the Tax Act was signed into law. The Company has completed the assessment of the adoption of this guidance on its consolidated financial statements, and the Group does not expect that the adoption of this guidance will have a material impact on its consolidated financial statements.

In June, 2018, the FASB issued ASU No. 2018-07 to provide guidance to reduce cost and complexity and to improve financial reporting for share-based payments issued to nonemployees (for example, service providers, external legal counsel, suppliers, etc.). The amendments in this ASU are effective for public companies for fiscal years beginning after December 15, 2018, including interim periods within that fiscal year. The Group does not expect that the adoption of this guidance will have a material impact on its consolidated financial statements.

Recently issued ASUs by the FASB, except for the ones mentioned above, and are not expected to have a significant impact on the Company’s consolidated results of operations or financial position.

DISCOUNTINUED OPERATION

12 Months Ended

Dec. 31, 2017

Discontinued Operations

DISCONTINUED OPERATIONS

3.	DISCOUNTINUED OPERATION

The disposal of Target Business described in Note 1 was completed in December 2015.

According to the Equity Interest Transfer Agreement, the Buyers may require the Company to repurchase the equity interest of AM Advertising upon the occurrence of certain events. As these events are considered improbable, no fair value was allocated to the associated put option.

The Equity Interest Transfer Agreement also contains an earn out structure, in the event that the net profit (before or after adjustment for non-recurring gains and losses, whichever is less) of restructured AM Advertising in each of the fiscal years of 2015, 2016, 2017, and 2018 (collectively, the “Covered Period”) is less than the profit target of RMB1,059,200 (the “Profit Target”) (being RMB200,000, RMB240,000, RMB288,000 and RMB331,200, equivalent to $30,875, $37,050, $44,459 and $51,128, for the fiscal years of 2015, 2016, 2017, and 2018 respectively), other shareholders of AM Advertising, excluding the Buyers, will be obligated to compensate the Buyers for the deficiency by transferring their equity interest in AM Advertising to the Buyers for nil consideration and/or by cash, based on a pre-determined formula with such compensations in aggregate being subject to a cap equal to the amount of the consideration. As of December 31, 2016, the Group treated the provision for earn out commitment of $23,549 as contingent liability (Note 23-c). On March 29, 2018 and August 31, 2018, a memorandum of understanding (“MoU”) and its supplemental agreement respectively, with, among others, Beijing Longde Wenchuang Investment Fund Management Co., Ltd and Beijing Cultural Center Construction and Development Fund (Limited Partnership), under which, among other things, Linghang Shengshi and Mr. Guo have agreed to pay or make available to AM Advertising on or prior to May 30, 2018 and furhter extended to September 30, 2018 an aggregate of RMB304,554 which was to be discounted by the following amounts (i) the RMB152,000 profits attributable to Linghang Shengshi, Mr. Guo and Mr. Xu for the first nine months of 2015, based on a third-party pro forma audit report on the Target Business; (ii) the shareholder loan of RMB88,000 in principal balance and RMB7,840 in interests; and (iii) the payment of RMB56,714 in cash after the sale of the 20.32% equity interests in AM Advertising, which consisted of 20% equity interests hold by the Group and 0.32% equity interests hold by Mr. Man Guo, and following the completion of the foregoing arrangements, our obligations with respect to the profit target for 2015, the earnout provision for the first nine months of 2015 and the shareholder loans between AM Advertising and AirMeia Shengshi shall be deem completed. According to the aforesaid MoU, after Linghang Shengshi, Mr. Guo and Mr. Xu transfer all the equity interest of AM Advertising, they will cease to be shareholders of AM Advertising and will not be able to continuously assume the obligations in connection with the profit commitment and earn out provision as a matter of fact. The Group is negotiating for further extension of MoU.

The disposal represents a strategic shift and has a major effect on the Group’s results of operations. The disposed entities are accounted as discontinued operations in the consolidated financial statements for the years ended December 31, 2015. A gain of $244,164 was recognized on the disposal, which is determined based on the total consideration of $324,183, the fair value of the remaining 25% equity interest in AM Advertising of $79,718 that continues to be held by the Group, the net book value of the Target Business of $134,497 and the fair value of the earnout commitment of $25,240. Upon the Group’s disposal of its 75% interest in AM Advertising, the Group continues to hold 25% of the equity of AM Advertising, which is accounted for as an equity method investment. The Group’s share of earnings for the fiscal year ended December 31, 2015 amounted to $2,491 and was recorded within the (loss) income on equity method investments within the Consolidated Statements of Operations.

The financial results of the disposed business lines are set out below.

	For the year ended December 31,
	2015

Net revenues	$	166,843
Cost of revenues		(126,745	)

Gross profit		40,098

Operating expenses		(13,239	)

Income from operations		26,859

Gain from disposal of 75% equity interest in AM Advertising		244,164
Interest income		298
Other income, net		1,293
Income on equity method investments		265

Net income before income tax		272,879
Income taxes benefit/(expense)		(51,696	)

Income from discontinued operations attributable to owners of the Company	$	221,183

Details of related party transactions for the years ended December 31, 2015 were as follows:

Concession cost purchased from:

Name of related parties	Relationship	For the year ended December 31, 2015
Guangxi Dingyuan (1)	Equity method investee	$	1,107
Qingdao AM (2)	Equity method investee		1,230
		$	2,337

Equity transaction with a related party:

Name of related parties	Relationship	For the year ended December 31, 2015
Beijing Dayun Culture Communication Co., Ltd. ("Dayun Culture") (3)	Invested by management of the Group	$	8,605
		$	8,605

(1)

The Group purchased stand-alone digital frames, LED and lightbox concession in Nanning airport from Guangxi Dingyuan amounting to $1,107 for the years ended December 31, 2015.

(2)

The Group purchased stand-alone digital frames concession in Qingdao airport from Qingdao AM amounting to $1,230 for the year ended December 31, 2015.

(3)

In November 2015, AM Advertising purchased 20% equity interest in Beijing AirMedia Lianhe Advertising Co., Ltd. (“AirMedia Lianhe”) from Dayun Culture with consideration of $8,605. After the transaction, AM Advertising held 100% equity interest in AirMedia Lianhe.

SEGMENT INFORMATION AND REVENUE ANALYSIS

12 Months Ended

Dec. 31, 2017

Segment Reporting Information, Revenue for Reportable Segment [Abstract]

SEGMENT INFORMATION AND REVENUE ANALYSIS

4.	SEGMENT INFORMATION AND REVENUE ANALYSIS

The Group is mainly engaged in selling advertising time slots on their network, primarily air travel advertising network, trains and buses WIFI network, throughout PRC.

The Group chief operating decision maker has been identified as the Chief Executive Officer, who reviews consolidated results when making decisions about allocating resources and assessing performance of the Group; hence, the Group has only one operating segment.

Geographic information

The Group primarily operates in the PRC and substantially all of the Group's long-lived assets are located in the PRC.

Revenue by service categories

	For the years ended December 31,
	2015		2016		2017
Revenues from continuing operations:

Air Travel Media Network	$	38,917	$	12,178	$	18,702
Gas Station Media Network		9,840		4,009		4,093
Other Media		2,109		410		1,533
	$	50,866	$	16,597	$	24,328

ACCOUNTS RECEIVABLE, NET

12 Months Ended

Dec. 31, 2017

Accounts Receivable, Net [Abstract]

ACCOUNTS RECEIVABLE, NET

5.	ACCOUNTS RECEIVABLE, NET

Accounts receivable, net, consists of the following:

	As of December 31,
	2016		2017

Accounts receivable, gross	$	13,596	$	15,571

Less: Allowance for doubtful accounts		(3,815)		(4,591)

Accounts receivable, net	$	9,781	$	10,980

Movement of allowance for doubtful accounts is as follows:

	Balance at								Balance at
	beginning		Charge to				Exchange		end of the
	of the year		expenses		Write off		adjustment		year

2015	$	4,458		(2,661)		-		(70)		1,727
2016		1,727		2,248		-		(160)		3,815
2017		3,815		1,403		(883)		256		4,591

- Definition

The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses.

+ References + Details

OTHER CURRENT ASSETS, NET

12 Months Ended

Dec. 31, 2017

Other Assets [Abstract]

OTHER CURRENT ASSETS, NET

6.	OTHER CURRENT ASSETS, NET

Other current assets, net, consist of the following:

	As of December 31,
	2016			2017

Input VAT receivable	$	16,249		$	20,670
Prepaid selling and marketing fees		368			1,708
Short-term deposits		74			129
Prepaid income tax		417			273
Prepaid individual income tax and other employee advances		290			435
Loans to third parties (i)		17,080			41,733
Receivable from third party (ii)		7,106			4,317
Receivable from a non-controlling interest holders		6,377			3,170
Receivable from AM Advertising and its subsidiaries (iii)		23,550			26,160
Receivables from ADS depositary		468			-
Other prepaid expenses (iv)		2,732			7,346
Others		-			1,166
		74,711			107,107
Allowance for doubtful amounts		(5,861	)		(47,282	)

	$	68,850		$	59,825

(i)

These third parties provide outdoor advertising services to their customers. Loans to third parties are in order to secure them to provide advertising services at prime locations to the Group. For the years ended December 31, 2016 and 2017, the Group entered into various loan agreements with third parties amounting with aggregated amount of $17,080 and $41,733, respectively with the terms of one year. The interest rates were from 4.35% to 8% without any assets pledged for the years ended December 31, 2016 and 2017, respectively. As of December 31, 2017, the management conducted a review on the outstanding loans, and the review discovered that market conditions under which the third parties competed deteriorated unexpectedly in 2017, which imposed adverse constraints on their ability to repay the loans. As of December 31, 2016 and 2017, the bad debt allowance for loan to third parties amounted to $864 and $40,748 respectively.

(ii)

Receivable from third party mainly represented the receivable from the disposal of investment and property. As of December 31, 2016 and 2017, the bad debt allowance was $1,031 and $257, respectively.

(iii)

On March 29, 2018 and August 23, 2018, we entered into a MoU and its supplemental agreement respectively, with, among others, Longde Wenchuang and Beijing Cultural Center Construction and Development Fund (Limited Partnership), under which, among other things, Linghang Shengshi and Mr. Guo have agreed to pay or make available to AM Advertising on or prior to May 30, 2018 and furhter extended to September 30, 2018 an aggregate of RMB304,553,900 which was to be discounted by the following amounts (i) the RMB152,000,000 profits attributable to Linghang Shengshi, Mr. Guo and Mr. Xu for the first nine months of 2015, based on a third-party pro forma audit report on the Target Business; (ii) the shareholder loan of RMB88,000,000 in principal balance and RMB7,840,000 in interests; and (iii) the payment of RMB56,713,900 in cash after the sale of the 20.32% equity interests in AM Advertising, which consisted of 20% equity interests hold by the Group and 0.32% equity interests hold by Mr. Man Guo, and following the completion of the foregoing arrangements, our obligations with respect to the profit target for 2015, the earnout provision for the first nine months of 2015 and the shareholder loans between AM Advertising and AirMeia Shengshi shall be deem completed. According to the aforesaid MoU, after Linghang Shengshi, Mr. Guo and Mr. Xu transfer all the equity interest of AM Advertising, they will cease to be shareholders of AM Advertising and will not be able to continuously assume the obligations in connection with the profit commitment and earnout provision as a matter of fact. However, we cannot assure you that the Buyers will not bring up any claim with respect to the above arrangements and if there is any dispute or legal proceedings initiated, our business and financial position may be adversely affected.

Receivable from AM Advertising and its subsidiaries balance amounted to $19,021 and $26,160 as of December 31, 2016 and 2017. As of December 31, 2016 and 2017, $3,499 and $3,734 of bad debt allowance was made for the receivable balance, respectively. The balance $26,160 as of December 31, 2017 will be deem settled if the MoU is effective.

(iv)

As of December 31, 2016 and 2017, the bad debt allowance was $461 and $2,543, respectively.

ACQUIRED INTANGIBLE ASSETS, NET

12 Months Ended

Dec. 31, 2017

Intangible Assets, Net (Excluding Goodwill) [Abstract]

ACQUIRED INTANGIBLE ASSETS, NET

7.	ACQUIRED INTANGIBLE ASSETS, NET

Acquired intangible assets, net, consist of the following:

	As of December 31,
	2016								2017
	Gross						Net		Gross						Net
	carrying		Accumulated		Accumulated		carrying		carrying		Accumulated		Accumulated		carrying
	amount		amortization		impairment		amount		amount		amortization		impairment		amount

Audio-vision programming and broadcasting qualification	$	200	$	(35)	$	(165)	$	-	$	213	$	(37)	$	(176)	$	-
Customer relationships		689		(689)		-		-		735		(735)		-		-
Contract backlog		1,441		(1,441)		-		-		1,536		(1,536)		-		-
Concession agreements		9,758		(7,513)		(563)		1,682		10,404		(8,529)		(1,875)		-
Non-compete agreements		170		(161)		(9)		-		182		(172)		(10)		-

	$	12,258	$	(9,839)	$	(737)	$	1,682	$	13,070	$	(11,009)	$	(2,061)		-

The amortization expense for the years ended December 31, 2015, 2016 and 2017 were $505, $510 and $501, respectively. Due to the continuing losses and significant reduced revenue from operations, the Group recognized an impairment loss of $1,228 for the year ended December 31, 2017.

PROPERTY AND EQUIPMENT, NET

12 Months Ended

Dec. 31, 2017

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT, NET

8.	PROPERTY AND EQUIPMENT, NET

Property and equipment, net, consist of the following:

	As of December 31,
	2016		2017
Digital display network equipment	$	6,314	$	6,548
WIFI and network equipment		27,719		36,431
Gas station display network equipment		38,615		43,079
Software		9,174		9,764
Office property		5,805		11,506
Computer and office equipment		2,828		3,264
Vehicle		938		817
Leasehold improvement		607		2,262
Construction in progress		1,422		514
Furniture and fixture		1,123		994
Total original costs		94,545		115,179
Less: impairment		(826)		(52,216)
Less: accumulated depreciation		(32,714)		(47,521)

Total property and equipment, net	$	61,005	$	15,442

Depreciation expense recorded for the years ended December 31, 2015, 2016 and 2017 were $5,266, $12,461 and $11,547 respectively. Due to the continuing losses and significant reduced revenue from operations, the Group recognized an impairment loss of nil, $826 and $22,741 on gas station related equipment for the years ended December 31, 2015, 2016 and 2017, and recognized an impairment loss of nil, nil and $26,727 for the year ended December 31, 2015, 2016 and 2017 for the Wi-Fi equipment.

PREPAID EQUIPMENT COST

12 Months Ended

Dec. 31, 2017

Prepaid Equipment Cost [Abstract]

PREPAID EQUIPMENT COST

9.	PREPAID EQUIPMENT COST

On May 12, 2013, the Group entered into an agreement with Elec-Tech International Co., Ltd. ("Elec-Tech") to exchange the equity interests of GreatView Media, one of the VIE's subsidiary, with LED screens from Elec-Tech, pursuant to which Elec-Tech would invest $104,000 in total (equivalent to RMB640,000) to purchase approximately 21.27% of the equity interest of GreatView Media. In exchange, GreatView Media undertook to exclusively use the equal amounts of such injections to purchase LED screens from Elec-Tech or its subsidiaries. As of December 31, 2016, the prepaid equipment cost amounting to $16,200, all of which are prepayment for LED screens. For the year ended December 31, 2017, the Group recognized an impairment loss of $16,646 from this transaction as the ordered equipment was out of dated, of which the increase was due to the exchange rate fluctuation, and the prepaid equipment cost amounting to $290 mainly represented the prepayment made for the leasehold improvement.

LONG-TERM INVESTMENTS

12 Months Ended

Dec. 31, 2017

Long-term Investments [Abstract]

LONG-TERM INVESTMENTS

10.

LONG-TERM INVESTMENTS

(a)

Equity method investments

The Group had the following equity method investments, other-than-temporary impairment loss of nil and $1,919 was recognized for the years ended December 31, 2016 and 2017:

	As of December 31,
	2016				2017

Name of company	Percentage		Amount		Percentage		Amount
	%				%
Equity method investments

Beijing Eastern Media Corporation Ltd. (“BEMC “) (1)		49	$	1,461		49	$	1,618

Beijing Hezhong Chuangjin Investment Co., Ltd. ("Hezhong Chuangjin") (2)		15		1,944		15		1,993

Lanmeihangbiao Tiandi Internet Investment Management (Beijing) Co., Ltd. ("LMHB") (3)		40		256		40		223

Beijing Yuyue Film Culture Co., Ltd (“Yuyue Film”) (4)		25		432		25		362

Beijing Yunxing Chuangrong Investment Fund Management Co., Ltd (“Yunxing”) (5)		50		2,083		-		-

Unicom AirMedia (Beijing) Network Co., Ltd. ("Unicom AirMedia") (6)		-		-		39		17,422

Less: impairment loss on equity method investments (2)				-				(1,993)

			$	6,176			$	19,625

(1)

In March 2008, the Group entered into a definitive agreement with China Eastern Media Corporation, Ltd., a subsidiary of China Eastern Group and China Eastern Airlines Corporation Limited operating the media resources of China Eastern Group, to establish a joint venture, BEMC. BEMC was incorporated on March 18, 2008 in the PRC with China Eastern Media Corporation and the Group holding 51% and 49% equity interest, respectively. BEMC obtained concession rights of certain media resources from China Eastern Group, including the digital TV screens on airplanes of China Eastern Airlines, and paid concession fees to its shareholders as consideration. The investment was accounted for using the equity method of accounting as the Group has the ability to exercise significant influence to the operation of BEMC. $198 and $57 gain on investment were picked up for the year ended December 31, 2016 and 2017, respectively.

(2)

In May 2015, AM Advertising, Beijing Financial Technology Investment Management Center (limited partnership), Beijing Hongdeshengzheng Investment Co., Ltd., and Beijing Hongyuan Zhixin Enterprise Management Consulting Co. Ltd. established Hezhong Chuangjin, which mainly focuses on internet financing. In July 2015, AM Advertising transferred its investment in Hezhong Chuangjin to AM Online, a subsidiary of the Group at carrying value. The investment was accounted for using the equity method of accounting as the Group has the ability to exercise significant influence to the operation of Hezhong Chuangjin. $59 and $78 loss on investment were picked up for the year ended December 31, 2016 and 2017, respectively. The operation has been ceased from December 2017, the investment has been provided fully impairment of $1,919 for the year ended December 31, 2016 and 2017, respectively.

(3)

In September 2015, AM Online entered into an agreement with BlueFocus wireless Internet (Beijing) Investment Management Co., Ltd. and two individual investors to establish a joint venture, LMHB. LMHB was incorporated on September 25, 2015. LMHB is mainly engaged in investment management of Wi-Fi platform marketing and other mobile internet industries. The investment was accounted for using the equity method of accounting as the Group has the ability to exercise significant influence to the operation of LMHB. $175 and $48 loss on investment were picked up for the year ended December 31, 2016 and 2017, respectively.

(4)

In June 2016, AM Film entered into an agreement with two individual investors to establish a joint venture, Yuyue Film. Yuyue Film is mainly engaged in investment management of film investment and marketing. The investment was accounted for using the equity method of accounting as the Group has the ability to exercise significant influence to the operation of Yuyue Film. Nil and $95 loss on investment were pick up for the year ended December 31, 2016 and 2017, respectively.

(5)

In February 2016, AM Online entered into an agreement with Haihang Wenhua Holding Group to invest in Yunxing. Yunxing was incorporated on December 17, 2013. Yunxing is mainly engaged in information technology investments in the Hainan Airline. The investment was accounted for using the equity method of accounting as the Group has the ability to exercise significant influence to the operation of Yunxing. In November 2016, AM Online transferred all the equity interest of Yunxing to Haihang Wenhua Holding Group with the consideration of $2,305, the equity interest registration was completed in March 2017. Proceed of $1,480 has been collected, nil and gain of $58 on investment were picked up for the year ended December 31, 2016 and 2017, respectively.

(6)

On February 22, 2017, AM Online established Unicom AirMedia, jointly with Unicom Broadband Online Co., Ltd., a wholly owned subsidiary of China Unicom, and Chengdu Haite Kairong Aeronautical Technology Co., Ltd., a wholly owned subsidiary of a listed company providing aeronautical technical services. Pursuant to a capital contribution agreement entered into by the relevant parties, AM Online invested approximately RMB117,900 in Unicom AirMedia. After this transaction, AM Online currently holds 39% of equity interests in Unicom AirMedia. The investment was accounted for using the equity method of accounting as the Group has the ability to exercise significant influence to the operation of Unicom AirMedia. $661 loss on investment was picked up for the years ended December 31, 2017.

(b)

Cost method investments

The Group had the following cost method investments, other-than-temporary impairment loss of nil and nil was recognized for the year ended December 31, 2016 and 2017, respectively:

	As of December 31,
	2016				2017

Name of company	Percentage		Amount		Percentage		Amount
	%				%
Zhangshangtong Air Service (Beijing) Co., Ltd. ("Zhangshangtong") (1)		20	$	388		20	$	415

Qingdao Jinshi Zhixing Investment Centre LLP (“Qingdao Jinshi”) (2)		3		22		-		-

Beijing Zhongjiao Huineng Information Technology Co., Ltd (“Zhongjiao Huineng”) (3)		13		541		13		577

AM Advertising ( Refer to Note 23-c)		20		76,734		20		81,817

			$	77,685			$	82,809

(1)

In June 2010, the Group acquired 20% equity interest in Zhangshangtong Air Service (Beijing) Co., Ltd. ("Zhangshangtong"), a company established in the PRC that is mainly engaged in air tickets agency services.

(2)

In January 2016, the Group acquired 3.35% equity interest in Qingdao Jinshi Zhixing Investment Centre LLP. ("Qingdao Jinshi "), a limited partnership established in the PRC that is mainly engaged in fund management and investment. The investment is disposed in year 2017. Proceed of $22 has been collected and gain/loss of nil has been incurred from the disposal for the year ended December 31, 2017.

(3)

In January 2016, the Group acquired 13.3% equity interest in Zhongjiao Huineng, a company established in the PRC that is mainly engaged in providing WIFI and GPS service to logistic industry.

The investment in AM Advertising was accounted for using the cost method of accounting, as the Group does not have the ability to exercise significant influence to the operation.

OTHER NON-CURRENT ASSETS

12 Months Ended

Dec. 31, 2017

Other Assets, Noncurrent Disclosure [Abstract]

OTHER NON-CURRENT ASSETS

11.

OTHER NON-CURRENT ASSETS

Other non-current assets consist of the following:

	As of December 31,
	2016		2017

Investment in film and TV series (i)	$	1,854	$	1,407
Prepaid office space and leasehold improvement fees (ii)		4,917		798

	$	6,771	$	2,205

(i)

The Group enters into agreements with other investors to invest together on certain film and TV series, which are produced by other third parties, and shares profit of the invested films and TV series based on its investment as a percentage of the total investment for a film or TV series.

(ii)

As the office spaces legal title had not been transferred to the Group, the prepaid amounts were recognized as other non-current assets as of December 31, 2016. All the prepaid office space fees as of December 31, 2016 have been transferred to property in 2017. The prepaid amounts mainly represented the prepaid platform service fee as of December 31, 2017.

LONG-TERM DEPOSITS

12 Months Ended

Dec. 31, 2017

Deposit Assets Disclosure [Abstract]

LONG-TERM DEPOSITS

12.

LONG-TERM DEPOSITS

Long-term deposits consist of the following:

	As of December 31,
	2016		2017

Concession fee deposits	$	5,547	$	5,516
Office rental deposits		880		523

	$	6,427	$	6,039

Concession fee deposits normally have terms of three to five years and are refundable at the end of the concession terms. Office rental deposits normally have terms of one to three years and are refundable at the end of the lease term.

The long term deposits are not within the scope of the accounting guidance regarding interests on receivables and payables, because they are intended to provide security for the counterparty to the concession rights or office rental agreements. Therefore, the deposits are recorded at cost.

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

12 Months Ended

Dec. 31, 2017

Accrued Liabilities and Other Liabilities [Abstract]

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

13.

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

Accrued expenses and other current liabilities consist of the follows:

	As of December 31,
	2016		2017

Accrued payroll and welfare	$	2,848	$	2,249
Other tax payable		1,366		1,314
Accrued staff disbursement		1,447		1,460
Deposit payable		266		613
Accrued professional fees		290		166
Other current liabilities		1,288		868
Payable to non-controlling interest holders		135		-
Payable to AM Advertising and its subsidiaries (i)		25,956		5,566

	$	33,596	$	12,236

(i)

The amounts due to AM Advertising and its subsidiaries mainly represent the concession fee payables for using concessions owned by AM Advertising and its subsidiaries, which will be settled while the MoU is effective.

INCOME TAXES

12 Months Ended

Dec. 31, 2017

Income Tax Disclosure [Abstract]

INCOME TAXES

14.

INCOME TAXES

AirMedia is a tax-exempted company incorporated in the Cayman Islands.

Broad Cosmos is tax-exempted company incorporated in the British Virgin Islands.

AN China did not have any assessable profits arising in or derived from Hong Kong for the years ended December 31, 2015, 2016 and 2017, and accordingly no provision for Hong Kong Profits Tax was made in these years.

The Group's subsidiaries in the PRC are all subject to PRC Enterprise Income Tax ("EIT") on the taxable income in accordance with the relevant PRC income tax laws and regulations. The EIT rate for the Group's operating in PRC was 25% with the following exceptions.

Chuangyi Technology qualified for the High and New-Tech Enterprise ("HNTE") status that would allow for a reduced 15% tax rate under EIT Law since year 2006. Chuangyi Technology was subject to an EIT rate of 15% in 2015, 2016 and 2017, and is expected to be subject to an EIT rate of 15% as long as it maintains its status as a HNTE.

Xi’an Shengshi qualified as a "Software Enterprise" in August 2008 by Technology Information Bureau of Shaanxi province, and therefore is entitled to a two-year exemption from the EIT commencing from its first profitable year and a 50% deduction of 25% EIT rate for the succeeding three years, with approval by the relevant tax authorities. As Xi’an Shengshi first made profit in 2009, it was exempted from EIT in 2009 and 2010, and enjoyed the preferential income tax rate of 12.5% from 2011 to 2013. In 2014, Xi’an Shengshi qualified as HNTE and entitled to an EIT rate of 15% for the years 2014, 2015 and 2016, and Xi’an AM is subject to EIT at a rate of 25% from 2017 afterwards.

Income tax expenses are as follows:

	For the years ended December 31,
	2015		2016		2017

Income tax expenses:
Current	$	480	$	50	$	633
Deferred		5,941		4,433		-

		6,421		4,483		633

The principal components of the Group's deferred income tax assets and liabilities are as follows:

	As of December 31,
	2016		2017
Deferred tax assets:
Allowance for doubtful accounts	$	4,083	$	12,270
Amortization of intangible assets and concession fees		1,606		1,163
Net operating loss carry forwards		30,697		51,769
Valuation allowance		(36,386)		(65,202)

Total deferred tax assets		-		-

Deferred tax liabilities:		-		-

Total deferred tax assets, net	$	-	$	-

The valuation allowance provided as of December 31, 2015, 2016 and 2017 relates to the deferred tax assets generated by the Group’s VIE. The Group periodically evaluates the likelihood of the realization of deferred tax assets, and reduces the carrying amount of the deferred tax assets by a valuation allowance to the extent it believes that either it is more likely than not that the deferred tax assets for these entities will not be realized as it does not expect to generate sufficient taxable income in future, or the amount involved is not significant. The Group's subsidiaries in the PRC had total net operating loss carry forwards approximately of $220,456 as of December 31, 2017. The net operating loss carry forwards for the PRC subsidiaries will expire on various dates through year 2022.

Reconciliation between the provision for income taxes computed by applying the PRC EIT rate of 25% to income before income taxes and the actual provision of income taxes is as follows:

	For the years ended December 31,
	2015			2016			2017

Net loss before provision for income taxes	$	(74,202)		$	(84,726)		$	(175,945)
PRC statutory tax rate		25	%		25	%		25	%
Income tax at statutory tax rate		(18,551)			(21,182)			(43,986)

Expenses not deductible for tax purpose
Entertainment expenses exceeded the tax limit		300			158			91
Tax effect of impairment loss on property and equipment and intangible assets		-			-			12,539
Tax effect of other permanent differences		330			1,681			1,831
Changes in valuation allowance		9,276			22,200			28,815
Effect of preferential tax rates granted to PRC entities		14,404			642			670
Effect of income tax rate difference in other jurisdictions		662			984			673

Income tax expenses	$	6,421		$	4,483		$	633

Effective tax rates		(8.7)	%		(5.3)	%		(0.4)	%

A valuation allowance was provided against deferred tax assets in entities where it was determined, it was more likely than not that the benefits of the deferred tax assets will not be realized. The Company had deferred tax assets which consisted of tax loss carry-forwards, accrues and reserves which can be carried forward to offset future taxable income. Management determined it is more likely than not that part of deferred tax assets could not be utilized, so a valuation allowance was provided as of December 31, 2016 and 2017. The net valuation allowance increased by $9,276, $22,200 and $28,815 during the years ended December 31, 2015, 2016 and 2017, respectively.

The Group did not identify significant unrecognized tax benefits for the years ended December 31, 2015, 2016 and 2017. The Group did not incur any interest and penalties related to potential underpaid income tax expenses for the years ended December 31, 2015, 2016 and 2017.

Since the commencement of operations in August 2005, only Chuangyi Technology and Shenzhen Yuehang have been subjected to a tax examination by the relevant PRC tax authorities. The Group's subsidiaries, VIEs and VIEs' subsidiaries remain subject to tax examinations at the tax authority's discretion. The Company is not currently under examination by any income taxing authority, nor has it been notified of an impending examination.

Uncertainties exist with respect to how the current income tax law in the PRC applies to the Group's overall operations, and more specifically, with regard to tax residency status. New EIT Law includes a provision specifying that legal entities organized outside of China will be considered residents for Chinese income tax purposes if the place of effective management or control is within China. The Implementation Rules to the new EIT Law provide that non-resident legal entities will be considered China residents if substantial and overall management and control over the manufacturing and business operations, personnel, accounting, properties, etc., occurs within China. Additional guidance is expected to be released by the Chinese government in the near future that may clarify how to apply this standard to tax payers. Despite the present uncertainties resulting from the limited PRC tax guidance on the issue, the Group does not believe that its legal entities organized outside of China should be treated as residents for new EIT Law purposes. If the PRC tax authorities subsequently determine that the Company and its subsidiaries registered outside the PRC should be deemed resident enterprises, the Company and its subsidiaries registered outside the PRC will be subject to the PRC income tax at a rate of 25%.

However, the Company's subsidiaries located in the PRC were in a loss position and had accumulated deficit as of December 2017, and the tax basis for the investment was greater than the carrying value of this investment. A deferred tax asset should be recognized for this temporary difference only if it is apparent that the temporary difference will reverse in the foreseeable future. Absent of evidence of a reversal in the foreseeable future, no deferred tax asset for such temporary difference was recorded. The Company did not record any tax on any of the undistributed earnings because the relevant subsidiaries do not intend to declare dividends and the Company intends to permanently reinvest it within the PRC. Additionally, no deferred tax liability was recorded for taxable temporary differences attributable to the undistributed earnings of VIEs because the Company believes the undistributed earnings can be distributed in a manner that would not be subject to income tax.

Aggregate undistributed earnings of the Company's subsidiaries located in the PRC that are available for distribution to the Company are considered to be indefinitely reinvested and accordingly, no provision has been made for the Chinese dividend withholding taxes that would be payable upon the distribution of those amounts to the Company. The Chinese tax authorities have also clarified that distributions made out of pre January 1, 2008 retained earnings will not be subject to the withholding tax.

NET INCOME (LOSS) PER SHARE

12 Months Ended

Dec. 31, 2017

Earnings Per Share [Abstract]

NET INCOME (LOSS) PER SHARE

15.

NET INCOME (LOSS) PER SHARE

The calculation of the net income (loss) per share is as follows:

	For the years ended December 31,
	2015		2016		2017

Numerator:
Net income (loss) attributable to AirMedia Group Inc.'s ordinary shareholders	$	149,647	$	(65,625)	$	(156,476)
- Continuing operations		(70,651)		(65,625)		(156,476)
- Discontinued operations		220,298		-		-

Denominator:
Weighted average ordinary shares outstanding used in computing net income (loss) per ordinary share
- basic		121,740,194		125,277,056		125,629,779
- diluted		129,372,158		125,277,056		125,629,779
Weighted average shares used in calculating income (loss) per ordinary shares
Basic
Continuing operations		121,740,194		125,277,056		125,629,779
Discontinued operations		121,740,194		-		-
Diluted
Continuing operations (i)		121,740,194		125,277,056		125,629,779
Discontinued operations (ii)		129,372,158		-		-

Net (loss) income per ordinary share
-basic	$	1.23	$	(0.52)	$	(1.25)
-diluted		1.16		(0.52)		(1.25)
Net (loss) income per ordinary share from continuing operations
-basic	$	(0.58)	$	(0.52)	$	(1.25)
-diluted		(0.58)		(0.52)		(1.25)
Net income per ordinary share from discontinued operations
-basic	$	1.81	$	-	$	-
-diluted		1.70		-		-

(i)

The effect of options was excluded from the computation of diluted loss per share from continuing operations for the years ended December 31, 2015, 2016 and 2017, respectively, as the effect would be anti-dilutive.

(ii)

An incremental weighted average number of 7,631,964, nil and nil ordinary shares from assumed exercise of share option were included in computing the diluted income per share for the discontinued operations for the years ended December 31, 2015, 2016 and 2017, respectively.

SHARE BASED PAYMENTS

12 Months Ended

Dec. 31, 2017

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

SHARE BASED PAYMENTS

16.

SHARE BASED PAYMENTS

2007 Share incentive plan

On July 2, 2007, the Board of Directors adopted the 2007 share incentive plan (the "2007 Option Plan"), which allows the Group to grant options to its employees and directors to purchase up to 12,000,000 ordinary shares of the Company subject to vesting requirement.

On December 29, 2008, the Board of Directors amended 2007 Option Plan to allow the Group to grant options to its employees and directors to purchase up to 17,000,000 ordinary shares.

On September 1, 2012, the Board of Directors approved to grant options to the employees under 2007 Share Incentive Plan to purchase an aggregate of 1,857,538 ordinary shares of the Company, at an exercise price of $0.72 per ordinary share. One twelfth of the options will vest each quarter from September 4, 2012. The expiration date will be 5 years from the grant date.

On June 9, 2014, the Board of Directors approved to extend the expiration date of the options granted on July 10, 2009 from July 11, 2014 to July 11, 2016. Modified awards are viewed as an exchange of the original award for a new award. The fair value were $0.22 and $0.12 per share for the stock options whose exercise price were $1.15 and $1.57 per share, respectively, as of the modification date, was estimated using the Black-Scholes model. The incremental compensation costs of the modified award were $686 and $5, respectively, which were recognized as share-based compensation expense for the year ended December 31, 2014.

On June 9, 2014, Board of Directors of the Group approved to extend the expiration date of the options granted on November 1, 2012 from November 11, 2014 to November 11, 2016. Modified award is viewed as an exchange of the original award for a new award. The fair value of the stock options, which was $0.25 per share as of the modification date, was estimated using the Black-Scholes model. The incremental compensation cost of the modified award was $4, which was recognized as share-based compensation expense for the year ended December 31, 2014.

2011 Share incentive plan

On March 18, 2011, the Board of Directors adopted 2011 Share Incentive Plan (the "2011 Option Plan"), which allows the Group to grant options to its employees and directors to purchase up to 2,000,000 ordinary shares of the Company subject to vesting requirement.

On March 22, 2011, the Board of Directors granted options to Group's employees to purchase an aggregate of 2,180,000 ordinary shares of the Company under 2007 Option Plan and 2011 Option Plan, at an exercise price of $2.3 per share. The contractual term of the options was 5 or 10 years. One twelfth of these options will vest each quarter through March 22, 2014. Subsequently on June 7, 2011, the Board of Directors approved to modify the exercise price of these stock options to $1.57 per share. The fair value of these options at the modification date was estimated to be $0.75 per option. The incremental share based compensation costs of the re-priced options was $314 to be recognized over the remaining service period through March 22, 2014.

On August 23, 2011, the Board of Directors approved the adjustment of the exercise price of certain stock options that were granted on July 2, 2007, July 20, 2007, November 29, 2007, July 10, 2009 and March 22, 2011, which were subsequently modified from $1.57 per share to $1.15 per share. The fair value of the options on the modification date was $0.21, $0.22, $0.26, $0.39 and $0.53 per share, respectively, calculated using the Black-Scholes model. The incremental compensation cost of the re-priced options was $1,259, of which $950 was recognized on the modification date, and the remainder to be recognized over the remaining service period.

2012 Share incentive plan

On November 30, 2012, the Board of Directors adopted 2012 Share Incentive Plan (the "2012 Option Plan"), which allows the Group to grant options to its employees and directors to purchase up to 6,000,000 ordinary shares of the Company subject to vesting requirement.

On June 1 and August 1, 2014, the Group granted 2,376,620 options and 140,000 options to its employees under the 2012 Option Plan to purchase the Company’s ordinary shares at an exercise price of $1.025 and $1.045 per share, respectively. One twelfth of these options will vest each quarter through June 1, 2017 and August 1, 2017, respectively. The expiration date will be 5 years from the grant dates.

On October 13, 2014, an employee terminated his employment with the Group but continued to provide service as a nonemployee consultant. 50,000 options granted to him on August 1, 2014 were not modified in connection with the change in status, but future service is still necessary to earn the award. The compensation cost was measured as if the options were newly granted at the date of the change of status. The incremental share-based compensation expense for the year ended December 31, 2014 was not material. On October 31, 2015, the consultant service contract terminated. Of the 50,000 options granted to him, 20,830 were vested through the service period end and the expiration date of the vested options was modified from August 1, 2019 to January 31, 2016. The rest 29,170 unvested options were cancelled at the service period end.

On May 12, 2015, the Group granted 660,000 options its employees under the 2012 Option Plan to purchase the Company’s ordinary shares at an exercise price of $1.675 per share. One twelfth of these options will vest each quarter through May 12, 2018. The expiration date will be 5 years from the grant date.

On June 15, 2015, an employee terminated his employment with the Group but continued to provide service as a nonemployee consultant. 200,000 options granted to him on June 1, 2014 were not modified in connection with the change in status, but future service is still necessary to earn the award. The compensation cost was measured as if the options were newly granted at the date of the change of status. The incremental share-based compensation expense for the year ended December 31, 2015 was not material.

On October 31, 2015, an employee terminated his employment with the Group but continued to provide service as a nonemployee consultant. 100,000 options granted to him on May 12, 2015 were not modified in connection with the change in status, but future service is still necessary to earn the award. The compensation cost was measured as if the options were newly granted at the date of the change of status. The incremental share-based compensation expense for the year ended December 31, 2015 was not material.

On December 31, 2015, two consultants resigned. Of the 200,000 options granted to one of them on May 12, 2015, 3,332 were vested through her date of resignation. The expiration date of the vested options was modified from May 12, 2020 to May 31, 2016. For the rest 166,668 unvested options, one twelfth of the total granted options will still vest on February 12, 2016 following the original vesting schedule and the rest 150,002 options were cancelled on the date of resignation. The fair value of the stock options, which was $1.12 per share as of the modification date, was estimated using the Black-Scholes model. The incremental compensation cost of the modified award was immaterial for the year ended December 31, 2015. Of the 100,000 options granted to the other consultant on May 12, 2015, 16,664 were vested through her date of resignation. The expiration date of the vested options was modified from May 12, 2020 to January 31, 2016, and the 83,336 unvested options were cancelled on the date of resignation.

On March 10, 2016, Board of Directors approved to extend the expiration dates of the 685,000 options from various original expiration dates in March and April 2016 to December 31, 2016. Modified awards are viewed as an exchange of the original award for a new award. The fair value of the stock options of $1.67 as of the modification dates, was estimated using the Black-Scholes model. The incremental share-based compensation expense for the year ended December 31, 2016 was not material.

On July 10, 2016, Board of Directors approved to extend the expiration dates of the 2,139,918 options from original expiration date of July 11, 2016 to December 31, 2016. Modified awards are viewed as an exchange of the original award for a new award. The fair value of the stock options of $0.38 as of the modification dates, was estimated using the Black-Scholes model. The incremental share-based compensation expense of $79 was recognized for the year ended December 31, 2016.

For the year ended December 31, 2016, four employees terminated their employments with the Group, but continued to provide service as nonemployee consultant. The options were not modified in connection with the change in status, but future service is still necessary to earn the award. The compensation cost was measured as if the options were newly granted at the date of the change of status. The incremental share-based compensation expense of $179 was recognized for the year ended December 31, 2016.

The following summary of stock option activities under the 2007, 2011 and 2012 Share incentive plans as of December 31, 2017, reflective of all modifications is presented below:

	Outstanding Options
			Weighted average exercise		Weighted average		Weighted average remaining		Aggregate
	Number of		price		grant-date		contractual		intrinsic
	options		per option		fair value		terms		value

Outstanding as of January 1, 2017		7,710,176	$	1.15	$	1.05		1.57	$	1,552
Exercised		-		-		-		-		-
Forfeited or expired		(1,841,648)		-		-		-		-

Outstanding as of December 31, 2017		5,868,528	$	1.15	$	1.05		0.75	$	-
Options vested and expected to vest as of December 31, 2017		5,860,255		1.15		1.05		0.75		-

Options exercisable as of December 31, 2017		5,839,190	$	1.15	$	1.12		0.75	$	-

The total intrinsic value of options exercised during the years ended December 31, 2015, 2016 and 2017 were $7,039, $1,928 and nil, respectively. The total fair value of options vested during the years ended December 31, 2015, 2016 and 2017 were $649, $694 and nil, respectively. The Group recorded share-based compensation of $567, $773 and $343 for the years ended December 31, 2015, 2016 and 2017, respectively. There was $390 and nil of total unrecognized compensation expense related to unvested share options granted as of December 31, 2016 and 2017, respectively. The expense is expected to be recognized over a weighted-average period of 0.5 and 0 years on a straight-line basis as of December 31, 2016 and 2017, respectively.

(1)

Volatility

The volatility of the underlying ordinary shares during the life of the options was estimated based on the historical stock price volatility of the Company's ordinary shares and listed shares of comparable companies over a period comparable to the expected term of the options. From March 2011, the volatility was estimated based on the historical volatility of the Company's share price as the Company has accumulated sufficient history of stock price for a period comparable to the expected term of the options.

(2)

Risk-free rate

Risk-free rate is based on yield of US Treasury bill as of valuation date with maturity date close to the expected term of the options.

(3)

Expected term

The expected term is estimated based on a consideration of factors including the original contractual term and the vesting term.

(4)

Dividend yield

The dividend yield was estimated by the Group based on its expected dividend policy over the expected term of the options. The Group has no plan to pay any dividend in the foreseeable future. Therefore, the Group considers the dividend yield to be zero.

(5)

Exercise price

The exercise price of the options was determined by the Group's Board of Directors.

(6)

Fair value of underlying ordinary shares

The closing market price of the ordinary shares of the Company as of the grant/modification date was used as the fair value of the ordinary shares on that date.

FAIR VALUE MEASUREMENT

12 Months Ended

Dec. 31, 2017

Fair Value Disclosures [Abstract]

FAIR VALUE MEASUREMENT

17.

FAIR VALUE MEASUREMENT

Measured on recurring basis

The Group measured its financial assets and liabilities, including cash and cash equivalents, accounts receivable, amounts due from related parties, prepaid equipment costs and accounts payable on a recurring basis as of December 31, 2016 and 2017.

Cash and cash equivalents and restricted cash are classified within Level 1 of the fair value hierarchy because they are valued based on the quoted market price in an active market. The carrying amounts of accounts receivable, amounts due from related parties, prepaid equipment cost and accounts payable approximate their fair values due to their short-term maturity.

Measured on non-recurring basis

The Group measured intangible assets and property and equipment at fair value on a nonrecurring basis. The fair value was determined using models with significant unobservable inputs (Level 3 inputs). This was based on a number of key assumptions, including, but not limited to, undiscounted future cash flows and the annual net revenue projections based on the projected levels of advertising activities during the forecast periods, all of which were classified as Level 3 in the fair value hierarchy. As a result, the Group recorded nil, $826 and $50,695 impairment charge for the years ended December 31, 2015, 2016 and 2017, respectively.

The Group measured its long-term investment in AM Advertising at fair value on a nonrecurring basis as result of the disposal transaction of Target Business as set forth in Note 1. The fair value was determined using the market approach (AM Advertising’s recent capital transaction announced to the public) with quoted price for the assets in active markets (Level 1 inputs). No impairment was recorded for the years ended December 31, 2015, 2016 and 2017.

As of December 31, 2016 and 2017, due to disputes, the Company considered the provision for earn out commitment as contingent liability and disclosed in Note 23. On March 29, 2018, an MoU regarding the continuing performance of the parties’ respective obligations under the Equity Interest Transfer Agreement and Supplemental Agreement was entered into, all parties to the MoU agree that all current disputes including litigation and arbitration among the parties shall be withdrew or deem completed.

SHARE REPURCHASE PLAN

12 Months Ended

Dec. 31, 2017

SHARE REPURCHASE PLAN [Abstract]

SHARE REPURCHASE PLAN

18.

SHARE REPURCHASE PLAN

On March 21, 2011, the Board of Directors authorized the Company to repurchase up to $20,000 of its own outstanding ADSs within two years from March 21, 2011. On September 26, 2012, the Board of Directors approved to increase the amount of the share repurchase program to $40,000 of its own outstanding ADS and to extend the termination date of the share repurchase program to March 20, 2014.

Up to December 31, 2017, the Company had repurchased an aggregate of 6,532,429 ADSs from the open market for a total consideration of $17,400, of which 2,190,685 ADSs had been cancelled and 4,341,744 ADSs were recorded as treasury stock. As of December 31, 2016 and 2017, accumulated 3,325,605 and 3,325,605 ADS of treasury stock have been reissued.

MAINLAND CHINA CONTRIBUTION PLAN

12 Months Ended

Dec. 31, 2017

Pension and Other Postretirement Benefit Contributions [Abstract]

MAINLAND CHINA CONTRIBUTION PLAN

19.

MAINLAND CHINA CONTRIBUTION PLAN

Full time employees of the Group in the PRC participate in a government-mandated multiemployer defined contribution plan pursuant to which certain pension benefits, medical care, unemployment insurance, employee housing fund and other welfare benefits are provided to employees. PRC labor regulations require the Group to accrue for these benefits based on certain percentages of the employees' income. The total contribution for such employee benefits were $2,202, $4,029 and $3,256 for the years ended December 31, 2015, 2016 and 2017, respectively.

STATUTORY RESERVES

12 Months Ended

Dec. 31, 2017

STATUTORY RESERVES [Abstract]

STATUTORY RESERVES

20.

STATUTORY RESERVES

As stipulated by the relevant law and regulations in the PRC, the Group's subsidiaries, VIEs and VIEs' subsidiaries in the PRC are required to maintain non-distributable statutory surplus reserve. Appropriations to the statutory surplus reserve are required to be made at not less than 10% of profit after taxes as reported in the subsidiaries' statutory financial statements prepared under the PRC GAAP. Once appropriated, these amounts are not available for future distribution to owners or shareholders. Once the general reserve is accumulated to 50% of the subsidiaries' registered capital, the subsidiaries can choose not to provide more reserves. The statutory reserve may be applied against prior year losses, if any, and may be used for general business expansion and production and increase in registered capital of the subsidiaries. The Group allocated $17,542, nil and nil to statutory reserves during the years ended December 31, 2015, 2016 and 2017, respectively. The statutory reserves cannot be transferred to the Company in the form of loans or advances and are not distributable as cash dividends except in the event of liquidation.

RESTRICTED NET ASSETS

12 Months Ended

Dec. 31, 2017

RESTRICTED NET ASSETS [Abstract]

RESTRICTED NET ASSETS

21.

RESTRICTED NET ASSETS

Relevant PRC laws and regulations restrict the WFOEs, VIEs and VIEs' subsidiaries from transferring a portion of their net assets, equivalent to the balance of their statutory reserves and their paid-in-capital, to the Group in the form of loans, advances or cash dividends. Relevant PRC statutory laws and regulations restrict the payments of dividends by the Group's PRC subsidiaries and VIEs and VIEs' subsidiaries from their respective retained earnings, if any, as determined in accordance with PRC accounting standards and regulations.

As of December 31, 2016, the balance of restricted net assets was $342,860, of which $138,496 was attributed to the paid-in-capital and statutory reserves of the VIEs and VIEs' subsidiaries, and $204,364 was attributed to the paid in capital and statutory reserves of WFOE. As of December 31, 2017, the balance of restricted net assets was $376,835, of which $159,565 was attributed to the paid-in-capital and statutory reserves of the VIEs and VIEs' subsidiaries, and $217,270 was attributed to the paid in capital and statutory reserves of WFOE. Under applicable PRC laws, loans from PRC companies to their offshore affiliated entities require governmental approval, and advances by PRC companies to their offshore affiliated entities must be supported by bona fide business transactions.

COMMITMENTS

12 Months Ended

Dec. 31, 2017

COMMITMENTS [Abstract]

COMMITMENTS

22.

COMMITMENTS

(a)

Operating leases

The Group has entered into operating lease agreements principally for its office spaces in the PRC. These leases expire through 2021 and are renewable upon negotiation. Rental expenses under operating leases for the years ended December 31, 2015, 2016 and 2017 were $1,507, $1,988 and $2,854, respectively.

Future minimum rental lease payments under non-cancellable operating leases agreements were as follows:

Year

2018	$	2,494
2019		401
2020		138
2021		35

	$	3,068

(b)

Concession fees

The Group has entered into concession right agreements with vendors, such as airports, airlines, trains and a petroleum company. The contract terms of such concession rights are usually three to five years. The concession rights expire through 2022 and are renewable upon negotiation. Concession fees charged into statements of operations for the years ended December 31, 2015, 2016 and 2017 were $64,752, $17,264 and $18,156 respectively.

Future minimum concession fee payments under non-cancellable concession right agreements were as follows, which is not included the early termination of concession right agreements in fiscal year 2018:

Year

2018	$	25,935
2019		22,529
2020		21,448
2021		2,160
2022		2,225

	$	74,297

CONTINGENT LIABILITIES

12 Months Ended

Dec. 31, 2017

CONTINGENT LIABILITIES [Abstract]

CONTINGENT LIABILITIES

23.

CONTINGENT LIABILITIES

(a)

Approval for non-advertising content

A majority of the digital frames and digital TV screens in the Group's network include programs that consist of both advertising content and non-advertising content. On December 6, 2007, the State Administration of Radio, Film or Television, or the SARFT, a governmental authority in the PRC, issued the Circular regarding Strengthening the Management of Public Audio-Video in Automobiles, Buildings and Other Public Areas, or the SARFT Circular. According to the SARFT Circular, displaying audio-video programs such as television news, films and television shows, sports, technology and entertainment through public audio-video systems located in automobiles, buildings, airports, bus or train stations, shops, banks and hospitals and other outdoor public systems must be approved by the SARFT. The Group intends to obtain the requisite approval of the SARFT for the Group's non-advertising content, but the Group cannot assure that the Group will obtain such approval in compliance with this new SARFT Circular, or at all. In January 2014, the Group entered into a strategic alliance with China Radio International Oriental Network (Beijing) Co., Ltd ("CRION"), which manages the internet TV business of China International Broadcasting Network, to operate the CIBN-AirMedia channel for broadcast network TV programs to air travellers in China. According to the terms of the cooperation arrangement with CRION, during the cooperation period from March 28, 2014 to March 27, 2024, CRION shall obtain and, from time to time, be responsible for obtaining any approval, license and consent regarding the regulation of broadcasting and television from relevant authorities.

There is no assurance that CRION will be able to obtain or maintain the requisite approval or the Group will be able to renew the contract with CRION when they expire. If the requisite approval is not obtained, the Group will be required to eliminate non-advertising content from the programs included in the Group's digital frames and digital TV screens and advertisers may find the Group's network less attractive and be unwilling to purchase advertising time slots on the Group's network. As of December 31, 2017, the Group did not record a provision for this matter as management believes the possibility of adverse outcome of the matter is remote and any liability it may incur would not have a material adverse effect on its consolidated financial statements. However, it is not possible for the Group to predict the ultimate outcome and the possible range of the potential impact of failure to obtain such disclosed registrations and approvals primarily due to the lack of relevant data and information in the market in this industry in the past.

(b)

Class action

The Company and two of its officers were named as defendants in a putative securities class action filed on June 25, 2015 in the U.S. District Court for the Southern District of New York: Huang v. AirMedia Group Inc. et al., Civil Action No. 1:15-CV-04966-ALC (S.D.N.Y.). The complaint in this putative class action alleges that certain of the defendants' financial statements and other public statements and disclosures contained misstatements or omissions, including with respect to the alleged sale of an equity interest in the Company's advertising subsidiary, in violation the U.S. securities laws. The complaint states that plaintiffs seek to represent a class of persons who allegedly suffered damages as a result of their trading activities related to the Company's ADRs between April 15 and June 15, 2015, and alleges violations of Sections 10(b) and 20(a) of the U.S. Securities Exchange Act of 1934, and Rule 10b-5 promulgated thereunder. On November 10, 2015, the Court appointed China Xiayuan Transportation Co. Ltd. as the lead plaintiff and appointed a lead counsel. On January 15, 2016, the lead plaintiff filed an amended complaint, advancing similar allegations and claims as the previously filed complaint and seeking to represent a class of persons who allegedly suffered damages as a result of their trading activities related to the Company's ADRs between April 7 and June 15, 2015. On March 10, 2016, the Company and one of its officers filed a motion to dismiss the Amended Complaint. On March 27, 2017, the Court granted the motion to dismiss and entered a judgment dismissing the Amended Complaint with prejudice. As of December 31, 2017, the Group did not record a provision for this matter as management believes the possibility of adverse outcome of the matter is remote and any liability it may incur would not have a material adverse effect on its consolidated financial statements.

(c)

AM Advertising Dispute

Linghang Shengshi had served a legal letter, dated June 29, 2016 (the “Legal Letter”), on Longde Wenchuang to challenge the proposed transfers by Longde Wenchuang of their equity interests in AM Advertising to Shanghai Golden Bridge InfoTech Co., Ltd. (stock code: 603918), a PRC company with its shares listed on the Shanghai Stock Exchange (“Golden Bridge”). As of the date of the Legal Letter, Linghang Shengshi held 24.84% of the equity interests in AM Advertising. Longde Wenchuang and Culture Center held 28.57% and 46.43%, respectively, of the equity interests in AM Advertising. On June 14, 2016, Longde Wenchuang entered into an equity interest transfer agreement with Golden Bridge to transfer 75% equity interests in AM Advertising to Golden Bridge in consideration for shares in Golden Bridge (the “Transfer”). Neither of Longde Wenchuang sought consent from Linghang Shengshi with respect to the Transfer in accordance with the provisions of the Company Law of the People’s Republic of China (the “Company Law”). In the Legal Letter, Linghang Shengshi challenges the validity of the Transfer on the ground that it violated the statutory right of first refusal of Linghang Shengshi under the Company Law. Subsequent to the Company’s legal letter, Golden Bridge ceased acquisition of 75% equity interest of AM Advertising from Longde Wenchuang and Culture Center. Longde Wenchuang and Culture Center further dismissed the Group’s representative from Co-CEO position of AM Advertising.

On September 2, 2016, the Group received notice (the “September 2, 2016 Notice”) from the China International Economic and Trade Arbitration Commission (the “CIETAC”) that the Company, Chuangyi Technology, Linghang Shengshi and Mr. Herman Man Guo (collectively, the “Respondents”) were named as respondents by the Culture Center in an arbitration proceeding submitted by the Culture Center to the CIETAC in connection with the sale by the Company of 75% equity interests in AM Advertising to Culture Center and Longde Wenchuang in June 2015. Culture Center seeks specific performance by the Respondents of certain obligations under the transaction documents, which include, among other things, (i) the pledge by Linghang Shengshi and Mr. Guo of their respective equity interests in AM Advertising to Culture Center as security for their obligations under the transaction documents, (ii) the use of best efforts by the Respondents to cooperate with the Culture Center and Longde Wenchuang to procure the listing of AM Advertising in China and (iii) the performance by the Company and Mr. Guo of their respective non-compete obligations to refrain from holding, operating, or otherwise participating in any business that is the same or substantially the same as that of AM Advertising. The Company believes the arbitration request is without merit and intends to defend the actions vigorously. However, no assurances can be provided that the Company will prevail in this arbitration proceeding. In response to the September 2, 2016 Notice, the Group filed a notice against Culture Center to CIETAC for their breach of contract.

As a result of the above disputes, the Group is no longer able to exercise significant influence in operating and strategic decision of AM Advertising and cannot access to AM Advertising’s financial information. Accordingly, the Group accounted its investment in AM Advertising using cost method (see Note 5) as of December 31, 2016 and 2017. AM Advertising and its subsidiaries are no longer related parties to the Group. As of December 31, 2016, the Group treated the provision for earnout commitment of $23,549 as contingent liability and did not record any additional provision for this matter as management believes the possibility of adverse outcome of the matter is remote and any liability it may incur would not have a material adverse effect on its consolidated financial statements. On March 29, 2018 and August 31, 2018, a MoU and its supplemental agreement respectively, with, among others, Longde Wenchuang and Beijing Cultural Center Construction and Development Fund (Limited Partnership), under which, among other things, Linghang Shengshi and Mr. Guo have agreed to pay or make available to AM Advertising on or prior to May 30, 2018 and furhter extended to September 30, 2018 an aggregate of RMB304,554 which was to be discounted by the following amounts (i) the RMB152,000 profits attributable to Linghang Shengshi, Mr. Guo and Mr. Xu for the first nine months of 2015, based on a third-party pro forma audit report on the Target Business; (ii) the shareholder loan of RMB88,000 in principal balance and RMB7,840 in interests; and (iii) the payment of RMB56,714 in cash after the sale of the 20.32% equity interests in AM Advertising, which consisted of 20% equity interests hold by the Group and 0.32% equity interests hold by Mr. Man Guo, and following the completion of the foregoing arrangements, our obligations with respect to the profit target for 2015, the earnout provision for the first nine months of 2015 and the shareholder loans between AM Advertising and AirMeia Shengshi shall be deem completed. According to the aforesaid MoU, after Linghang Shengshi, Mr. Guo and Mr. Xu transfer all the equity interest of AM Advertising, they will cease to be shareholders of AM Advertising and will not be able to continuously assume the obligations in connection with the profit commitment and earn out provision as a matter of fact.

(d)

Linghang Shengshi Equity Transfer

Mr. Xiaoya Zhang, a former shareholder of Linghang Shengshi, had initiated legal proceedings against Mr. Qing Xu, a director and the executive president of the Company, with respect to the transfers by Mr. Zhang of his equity interests in the company to Mr. Xu. In December 2015, Linghang Shengshi received an equity interest transfer agreement (the “ Linghang Shengshi SPA ”), dated December 4, 2015, by and between Mr. Xiaoya Zhang and Mr. Qing Xu, pursuant to which Mr. Zhang agrees to transfer 8.2% equity interests in Linghang Shengshi to Mr. Xu for RMB82,000 (the “ Linghang Shengshi Equity Transfer ”). The Linghang Shengshi Equity Transfer was completed in December 2015. In February 2016, Mr. Zhang initiated legal proceedings in a court in China against Mr. Xu, challenging the authenticity of his signatures to the Linghang Shengshi SPA and consequently the validity of Linghang Shengshi Equity Transfer. On February 14, 2017, the court’s final decision supported Mr. Xiaoya Zhang’s claim. However, none of the Company or Linghang Shengshi is a party to the Linghang Shengshi SPA. As of the date of this Report, none of the Company or Linghang Shengshi is named as a party in those legal proceedings. As of December 31, 2017, the Group did not record a provision for this matter as management believes the possibility of adverse outcome of the matter is remote and any liability it may incur would not have a material adverse effect on its consolidated financial statements.

RELATED PARTY TRANSACTIONS

12 Months Ended

Dec. 31, 2017

RELATED PARTY TRANSACTIONS

24.

RELATED PARTY TRANSACTIONS

(a)

Details of outstanding balances with the Group's related parties as of December 31, 2016 and 2017 were as follows:

Amount due from related parties:

		As of December 31,
Name of related parties	Relationship	2016		2017

Mr. Qing Xu (1)	Shareholder of the Company	$	835	$	968
Mrs. Guo Rong (2)	Vice president of the Company		-		14
Mrs. Li Hong (2)	Vice president of the Company		-		5
Wealthy Environment Limited (2)	Shareholder of the Company		-		22
Global Earning Pacific Ltd. (2)	Shareholder of the Company		-		37
AirMedia Holding Ltd. (2)	Entity controlled by Mr. Guo		-		540
AirMedia Merger Company Ltd. (2)	Entity controlled by Mr. Guo		-		665

		$	835	$	2,251

(1)

The amounts due from Mr. Qing Xu represents interest free advances to the related party for personal purpose, which violated Sarbanes-Oxley Act section 402 due to the lack of internal control in term of related party borrowings, however, all the balance has been collected in May 2018, there was no gain or loss upon settlement.

(2)

The amounts represent interest free advances to the related parties in a short term basis for operation purpose.

(b)

Details of related party transactions occurred, for the years ended December 31, 2015, 2016 and 2017 were as follows

Revenues earned from:

		For the years ended December 31
Name of related parties	Relationship	2015		2016		2017

AM Jinshi (1)	Wholly-owned subsidiary of AM Advertising		278		-		-
AM Advertising (1)	Long term investment		2		-		-

		$	280	$	-	$	-

Concession cost purchased from:

		For the years ended December 31
Name of related parties	Relationship	2015		2016		2017

AM Jinshi (1)	Wholly-owned subsidiary of AM Advertising		2		-		-
AM Advertising (1)	Long term investment		142		-		-

		$	144	$	-	$	-

(1)

Entities in continuing operations sold some concession in certain airports to discontinued operation. Also continuing operations purchased some concession in certain airports from discontinued operation after the disposal.

SUBSEQUENT EVENTS

12 Months Ended

Dec. 31, 2017

Subsequent Events [Abstract]

SUBSEQUENT EVENTS

25.

SUBSEQUENT EVENTS

The Group has evaluated subsequent events through the date of issuance of the consolidated financial statements, and except for the following events with material financial impact on the Group’s consolidated financial statements, no other subsequent event is identified that would have required adjustment or disclosure in the consolidated financial statements.

On March 28, 2018, the Group announced that Mr. Herman Man Guo, the chairman of the Company’s board of directors and chief executive officer, intends to purchase the Company’s ordinary shares in the form of American depositary shares (“ADS”) with an aggregate value of up to $5,000 during the next six months. Mr. Guo expects to fund the purchase with his own resources. On September 28, 2018, the Group announced that Mr. Herman Man Guo would proceed with purchase announced on March 28, 2018 once the Company regains its disclosure compliance.

On May 24, 2018, Wangfan Tianxia Network Technology Co.,Ltd., together with two third parties companies, set up Beijing Dahangfeng Culture Advertising Co., Ltd. (“Dahangfeng”) with registered capital of RMB1,000 ($154) the Company holds 40% of the equity interests in Dahangfeng. The capital contribution has not been paid by the Company up to the issuance of the consolidated financial statements.

Early 2018, the management noticed unexpected operational underperformance from Wi-Fi services on trains, long-halt buses and gas station media service. An immediate assessment indicated that the underperformance could be ascribed to i) the wide spread of 4G technology and affordable data plans; and ii) a depleting marketing budget from some of our advertisers. In order to prevent further losses while broadening our comprehension of the impacts of the technologies and market situation imposed on our business components, the management ceased operations in Wi-Fi service on long-halt buses and gas station media services, scaled down operations in Wi-Fi service on trains, and commissioned a comprehensive review to determine the sustainability of these business components. As of August 31, 2018, the management has negotiated an early termination of Wi-Fi services on trains managed by five local railroad administrative authorities without incurring any penalty.

On March 29, 2018 and August 23, 2018, the Group entered into a MoU and its supplemental agreement respectively, with, among others, Beijing Longde Wenchuang Investment Fund Management Co., Ltd and Beijing Cultural Center Construction and Development Fund (Limited Partnership), under which, among other things, Linghang Shengshi and Mr. Guo have agreed to pay or make available to AM Advertising on or prior to May 30, 2018 and furhter extended to September 30, 2018 an aggregate of RMB304,553,900 which was to be discounted by the following amounts (i) the RMB152,000,000 profits attributable to Linghang Shengshi, Mr. Guo and Mr. Xu for the first nine months of 2015, based on a third-party pro forma audit report on the Target Business; (ii) the shareholder loan of RMB88,000,000 in principal balance and RMB7,840,000 in interests; and (iii) the payment of RMB56,713,900 in cash after the sale of the 20.32% equity interests in AM Advertising, which consisted of 20% equity interests hold by the Group and 0.32% equity interests hold by Mr. Man Guo, and following the completion of the foregoing arrangements, our obligations with respect to the profit target for 2015, the earnout provision for the first nine months of 2015 and the shareholder loans between AM Advertising and AirMeia Shengshi shall be deem completed. According to the aforesaid MoU, after Linghang Shengshi, Mr. Guo and Mr. Xu transfer all the equity interest of AM Advertising, they will cease to be shareholders of AM Advertising and will not be able to continuously assume the obligations in connection with the profit commitment and earn out provision as a matter of fact. The Group is negotiating for further extension of MoU.

On July 9, 2018, the Company entered a framework agreement with SenseGain Asset Management Co. Ltd. (“SenseGain”), which SenseGain promised to inject AM Online with an amount no more than RMB 150,000. The amount hasn’t been paid as of the report insurance date.

ADDITIONAL INFORMATION-FINANCIAL STATEMENT SCHEDULE I FINANCIAL INFORMATION OF PARENT COMPANY

12 Months Ended

Dec. 31, 2017

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

ADDITIONAL INFORMATION-FINANCIAL STATEMENT SCHEDULE I FINANCIAL INFORMATION OF PARENT COMPANY

AIRMEDIA GROUP INC.

ADDITIONAL INFORMATION-FINANCIAL STATEMENT SCHEDULE I

FINANCIAL INFORMATION OF PARENT COMPANY

BALANCE SHEETS

(In U.S. dollars in thousands, except share and per share data)

	As of December 31,
	2016		2017
Assets
Current assets
Cash and cash equivalents	$	139	$	89
Amount due from subsidiaries		178,083		145,850
Other current assets		3,825		1,919

Total current assets		182,047		147,858

Non-current assets
Investment in subsidiaries		86,896		-

TOTAL ASSETS		268,943		147,858

Liabilities
Current liabilities
Accrued expenses and other current liabilities		206		209

Total liabilities		206		209

Equity
Ordinary Shares ($0.001 par value; 900,000,000 shares authorized in 2016 and 2017; 127,662,057 shares and 127,662,057 shares issued as of December 31, 2016 and 2017; 125,629,779 shares and 125,629,779 shares outstanding as of December 31, 2016 and 2017, respectively)		128		128
Additional paid-in capital		287,094		286,739
Treasury stock (2,032,278 and 2,032,278 shares as of December 31, 2016 and 2017, respectively)		(2,351)		(2,351)
Accumulated deficits		(15,842)		(172,318)
Accumulated other comprehensive (loss) income		(292)		35,451

Total equity		268,737		147,649

TOTAL LIABILITIES AND EQUITY	$	268,943	$	147,858

AIRMEDIA GROUP INC.

ADDITIONAL INFORMATION-FINANCIAL STATEMENT SCHEDULE I

FINANCIAL INFORMATION OF PARENT COMPANY

STATEMENTS OF OPERATIONS

(In U.S. dollars in thousands)

	For the years ended December 31,
	2015		2016		2017
Operating expenses
Selling and marketing	$	-	$	(8)	$	-
General and administrative		(2,070)		(2,356)		(468)

Total operating expenses		(2,070)		(2,364)		(468)
Other income (loss), net		-		548		(5)
Investment income (loss) in subsidiaries		151,717		(63,809)		(156,003)

Net income (loss) attributable to holders of ordinary shares	$	149,647	$	(65,625)	$	(156,476)

AIRMEDIA GROUP INC.

ADDITIONAL INFORMATION-FINANCIAL STATEMENT SCHEDULE I

FINANCIAL INFORMATION OF PARENT COMPANY

STATEMENTS OF COMPREHENSIVE (LOSS) INCOME

(In U.S. dollars in thousands)

	For the years ended December 31,
	2015		2016		2017

Net income (loss)	$	149,647	$	(65,625)	$	(156,476)
Other comprehensive (loss) income, net of tax:
Change in cumulative foreign currency translation adjustment		(10,887)		(23,220)		35,743

Comprehensive income (loss) attributable to Parent Company	$	138,760	$	(88,845)	$	(120,733)

AIRMEDIA GROUP INC.

ADDITIONAL INFORMATION-FINANCIAL STATEMENT SCHEDULE I

FINANCIAL INFORMATION OF PARENT COMPANY

STATEMENTS OF CHANGES IN EQUITY

(In U.S. dollars in thousands, except share and per share data)

											Accumulated
					Additional				(Accumulated deficits)		other
	Ordinary shares				paid-in		Treasury		retained		comprehensive		Total
	Shares		Amount		capital		stock		earnings		Income (loss)		equity
Balance as of January 1, 2015		119,942,413	$	128	$	323,167	$	(9,236)	$	(99,138)	$	33,815	$	248,736

Ordinary shares issued for share based compensation		4,453,232		-				5,458		(663)		-		4,825
Share-based compensation		-		-		598		-		-		-		598
Foreign currency translation adjustment		-		-		-		-		-		(10,887)		(10,887)
Net income		-		-		-		-		149,647		-		149,647
Capital contribution from non-controlling interests		-		-		271		-		-		-		271
Capital contribution to Guangzhou Meizheng		-		-		(459)		-		-		-		(459)
Acquisition of non-controlling interests		-		-		(6,163)		-		-		-		(6,163)

Balance as of December 31, 2015		124,395,645	$	128		317,414		(3,778)		49,876		22,928		386,568

Stock option exercised		1,234,134		-		-		1,427		(93)		-		1,334
Share-based compensation		-		-		773		-		-		-		773
Foreign currency translation adjustment		-		-		-		-		-		(23,220)		(23,220)
Net (loss)		-		-		-		-		(65,625)		-		(65,625)
Acquisition of equity interests from non-controlling shareholders		-		-		(34,570)		-		-		-		(34,570)
Capital contribution from non-controlling interests		-		-		3,477		-		-		-		3,477

Balance as of December 31, 2016		125,629,779	$	128	$	287,094	$	(2,351)	$	(15,842)	$	(292)	$	268,737

Share-based compensation		-		-		343		-		-		-		343
Foreign currency translation adjustment		-		-		-		-		-		35,743		35,743
Net (loss)		-		-		-		-		(156,476)		-		(156,476)
Acquisition of equity interests from non-controlling interests		-		-		(1,414)		-		-		-		(1,414)
Capital contribution from non-controlling interests		-		-		716		-		-		-		716

Balance as of December 31, 2017		125,629,779	$	128	$	286,739	$	(2,351)	$	(172,318)	$	35,451	$	147,649

AIRMEDIA GROUP INC.

ADDITIONAL INFORMATION-FINANCIAL STATEMENT SCHEDULE I

FINANCIAL INFORMATION OF PARENT COMPANY

STATEMENTS OF CASH FLOWS

(In U.S. dollars in thousands)

	For the years ended December 31,
	2015		2016		2017
CASH FLOWS FROM OPERATING ACTIVITIES
Net income (loss)	$	149,647	$	(65,625)	$	(156,476)
Investment loss (income) in subsidiaries		(151,717)		63,809		156,003
Share-based compensation		598		773		343

CHANGES IN WORKING CAPITAL ACCOUNTS
Other current assets		(813)		(2,456)		1,907
Accrued expenses and other current liabilities		169		(47)		3
Amount due to subsidiaries		(3,135)		483		(2,024)
Amount due from subsidiaries		(1,272)		1,536		194

Net cash (used in) operating activities		(6,523)		(1,527)		(50)

CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from exercises of stock options		4,826		1,334		-

Net cash provided by financing activities		4,826		1,334		-

Net increase (decrease) in cash		(1,697)		(193)		(50)
Cash, at beginning of year		2,029		332		139

Cash, at end of year	$	332	$	139	$	89

AIRMEDIA GROUP INC.

NOTES TO ADDITIONAL INFORMATION-FINANCIAL STATEMENT SCHEDULE I

FINANCIAL INFORMATION OF PARENT COMPANY

(In U.S. dollars in thousands)

Notes:

1.	BASIS FOR PREPARATION

The condensed financial information of the parent company, AirMedia Group Inc., only has been prepared using the same accounting policies as set out in the Group's consolidated financial statements except that the parent company has used equity method to account for its investment in its subsidiaries.

2.	INVESTMENTS IN SUBSIDIARIES AND VARIABLE INTEREST ENTITIES

The Company, its subsidiaries, its VIEs and VIEs' subsidiaries are included in the consolidated financial statements where the inter-company balances and transactions are eliminated upon consolidation. For the purpose of the Company's stand-alone financial statements, its investments in subsidiaries, VIEs and VIEs' subsidiaries are reported using the equity method of accounting. The Company's share of income and losses from its subsidiaries, VIEs and VIEs' subsidiaries is reported as earnings from subsidiaries, VIEs and VIEs' subsidiaries in the accompanying condensed financial information of parent company.

3.	INCOME TAXES

The Company is a tax exempted company incorporated in the Cayman Islands.

- Definition

The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document.

+ References + Details

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)

12 Months Ended

Dec. 31, 2017

Accounting Policies [Abstract]

Basis of presentation

(a)

Basis of presentation

The consolidated financial statements of the Group have been prepared in accordance with accounting principles generally accepted in the United States of America ("US GAAP").

Going concern

(b)

Going concern

2. The Group is in the process of selling the residual 20.18% shares of AM Advertising to third parties.

3. The Group plans to issue one of its subsidiary’s shares to finance $23,055 (RMB 150,000) from potential investor.

4. The Group is focusing on improving operation efficiency and cost reduction to standardize operations, enhance internal controls, and create synergy of the Company’s resources.

Basis of consolidation

(c)

Basis of consolidation

Discontinued operations

(d)

Discontinued operations

Use of estimates

(e)

Use of estimates

Significant risks and uncertainties

(f)

Significant risks and uncertainties

Fair value

(g)

Fair value

Level 1

Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities.

Level 2

Level 3

Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities.

Fair value of financial instruments

(h)

Fair value of financial instruments

Cash and cash equivalents

(i)

Cash and cash equivalents

Cash and cash equivalents consist of cash on hand and highly liquid deposits which are unrestricted as to withdrawal or use, and which have original maturities of three months or less when purchased.

Restricted cash

(j)

Restricted cash

Restricted cash relates to amount required by the bank as the deposits for the purpose of commercial notes issuance.

Property and equipment, net

(k)

Property and equipment , net

Property and equipment are carried at cost less accumulated depreciation. Depreciation is calculated on a straight-line basis over the following estimated useful lives:

Network equipment		5 years
Office property		40 years
Furniture and fixture		5 years
Computer and office equipment		3-5 years
Vehicle		5 years
Software		5 years
Leasehold improvement		Shorter of the term of the lease
		or the estimated useful lives of the assets

Impairment of long-lived assets

(l)

Impairment of long-lived assets

Long-term investments

(m)

Long-term investments

Equity method investments

Cost method investments

Impairment for long-term investments

Acquired intangible assets

(n)

Acquired intangible assets

Audio-vision programming & broadcasting qualification	19.5 years
Customer relationships	3-3.4 years
Contract backlog	1.2-3 years
Concession agreements	3.8-10 years
Non-compete agreements	4.4 years

Due to the continuing losses and significant reduced revenue from operations, the Group recognized a fully impairment loss of $1,228 for the year ended December 31, 2017.

Revenue recognition

(o)

Revenue recognition

Deferred revenue

Prepayments from customers for advertising service are deferred and recognized as revenue when the advertising services are rendered.

Nonmonetary exchanges

Value Added Tax ("VAT")

(q)

Value Added Tax ("VAT")

Concession fees

(r)

Concession fees

Agency fees

(s)

Agency fees

Operating leases

(t)

Operating leases

Advertising costs

(u)

Advertising costs

Foreign currency translation

(v)

Foreign currency translation

Income taxes

(w)

Income taxes

Share-based payments

(x)

Share-based payments

Comprehensive (loss) income

(y)

Comprehensive income (loss)

Allowance of doubtful accounts

(z)

Allowance of doubtful accounts

Concentration of credit risk

(aa)

Concentration of credit risk

Net (loss) income per share

(bb)

Net income (loss) per share

Government subsidies

(cc)

Government subsidies

Recent issued accounting standards

(dd)

Recent issued accounting standards

Recently issued ASUs by the FASB, except for the ones mentioned above, and are not expected to have a significant impact on the Company’s consolidated results of operations or financial position.

ORGANIZATION AND PRINCIPAL ACTIVITIES (Tables)

12 Months Ended

Dec. 31, 2017

Variable Interest Entity [Line Items]

Schedule of Company's Subsidiaries and VIE's

	Date of		Percentage
	incorporation/	Place of	of legal
Name	acquisition	incorporation	ownership

Intermediate Holding Company:

Broad Cosmos Enterprises Ltd. (“Broad Cosmos”)	June 26, 2006	British Virgin Islands ("BVI")		100	%

Air Net International Limited (Formerly AirMedia International Limited ("Air Net International")	July 14, 2007	BVI		100	%

Air Net (China) Limited (Fomerly AirMedia (China) Limited) ("AN China")	August 5, 2005	Hong Kong		100	%

Subsidiaries:
Yuehang Chuangyi Technology (Beijing) Co., Ltd. (Formerly AirMedia Technology (Beijing) Co., Ltd. ("Chuangyi Technology")	September 19, 2005	the PRC		100	%

Shenzhen Yuehang Information Technology Co., Ltd. (Formerly Shenzhen AirMedia Information Technology Co., Ltd.) ("Shenzhen Yuehang")	June 6, 2006	the PRC		100	%

Xi'an Shengshi Dinghong Information Technology Co., Ltd. (Formerly Xi'an AirMedia Chuangyi Technology Co., Ltd.) ("Xi'an Shengshi")	December 31, 2007	the PRC		100	%

VIEs:
Beijing Linghang Shengshi Advertising Co., Ltd.
(Formerly Beijing Linghang Shengshi Advertising Co., Ltd.)
("Linghang Shengshi ")	August 7, 2005	the PRC		N/A

Beijing Wangfan Jiaming Advertising Co.,Ltd.
(Formerly Beijing AirMedia Jiaming Advertising Co., Ltd.)
("Jiaming Advertising")	January 1, 2007	the PRC		N/A

Beijing Yuehang Digital Media Advertising Co., Ltd. ("Beijing Yuehang")	January 16, 2008	the PRC		N/A

AirMedia Online Network Technology Group Co., Ltd. (Formerly AirMedia Online Network Technology Co., Ltd.) ("AM Online")	April 30, 2015	the PRC		N/A

	Date of		Percentage
	incorporation/	Place of	of legal
Name	acquisition	incorporation	ownership

VIEs' subsidiaries:

Beijing Airnet Pictures Co., Ltd. (Formerly Beijing AirMedia Film & TV Culture Co., Ltd.) ("Airnet Pictures")	September 13, 2007	the PRC		N/A

Beijing Zhihe Xianglong Advertising Co., Ltd. (Formerly Flying Dragon Media Advertising Co., Ltd.) ("Flying Dragon" )	August 1, 2008	the PRC		N/A

Wenzhou Yuehang Advertising Co., Ltd. (Formerly Wenzhou AirMedia Advertising Co., Ltd.) ("Wenzhou Yuehang")	October 17, 2008	the PRC		N/A

Beijing Dongding Gongyi Advertising Co., Ltd. ("Dongding")	February 1, 2010	the PRC		N/A

Beijing GreatView Media Advertising Co., Ltd. (Formerly Beijing Weimei Shengjing Media Advertising Co., Ltd.) ("GreatView Media")	April 28, 2011	the PRC		N/A

Guangzhou Meizheng Online Network Technology Co., Ltd. (Formerly Guangzhou Meizheng Advertising Co., Ltd.) ("Guangzhou Meizheng")	May 17, 2013	the PRC		N/A

Beijing Yuehang Tianyi Electronic Information Technology Co., Ltd.(Formerly Beijing AirMedia Tianyi Information Technology Co., Ltd.) ("Yuehang Tianyi")	September 25, 2013	the PRC		N/A

Wangfan Linghang Mobile Network Technology Co., Ltd. (Formerly AirMedia Mobile Network Technology Co., Ltd. ("Linghang")	April 23, 2015	the PRC		N/A

Guangzhou Meizheng Information Technology Co., Ltd. ("Guangzhou Tech")	June 18, 2015	the PRC		N/A

AirMedia Henglong Mobile Network Technology Co., Ltd. ("AMHL Mobile")	April 27, 2015	the PRC		N/A

Beijing Wangfan Jiaming Pictures Co., Ltd. (Formerly Beijing AirMedia Jiaming Film & TV Culture Co., Ltd.) ("Wangfan Jiaming")	December 31, 2015	the PRC		N/A

Meizheng Network Information Technology Co., Ltd. (“Meizheng Network”)	August 8, 2016	the PRC		N/A

Wangfan Network Technology Co., Ltd.(“Iwanfan”)	May 6, 2016	the PRC		N/A

Shandong Airmedia Cheweishi Network Technology Co., Ltd.(Formerly Shandong Airmedia Car Safety Technology Co.,Ltd.) (“Shangdong Cheweishi”)	July 21, 2016	the PRC		N/A

Dingsheng Ruizhi (Beiing) Investment Consulting Co., Ltd. (“Dingsheng Ruizhi”)	May 25, 2016	the PRC		N/A

Wangfan Tongda Culture Development (Beijing) Co., Ltd. (“Tongda Culture”)	May 11, 2018	the PRC		N/A

Yuehang Zhongying E-commerce Co., Ltd. (“Zhongying”)	May 17, 2018	the PRC		N/A

Beijing Airport United Culture Media Co., Ltd. (“Airport United”)	June 19, 2018	the PRC		N/A

Schedule of VIE's Income Statement Amounts

	For the years ended December 31,
	2015		2016		2017

Net revenues	$	46,237	$	16,311	$	23,759
Net loss		(60,117)		(81,659)		(173,516)

AirMedia's VIEs [Member]

Variable Interest Entity [Line Items]

Schedule of VIE's Balance Sheet Amounts

	As of December 31,
	2016		2017

Total current assets	$	177,425	$	73,362
Total non-current assets		127,486		122,489

Total assets		304,911		195,851

Total current liabilities		71,535		63,302
Total non-current liabilities		24,384		25,528

Total liabilities	$	95,919	$	89,294

- Definition

Tabular disclosure of the significant judgments and assumptions made in determining whether a variable interest (as defined) held by the entity requires the variable interest entity (VIE) (as defined) to be consolidated and (or) disclose information about its involvement with the VIE, individually or in aggregate (as applicable); the nature of restrictions, if any, on the consolidated VIE's assets and on the settlement of its liabilities reported by an entity in its statement of financial position, including the carrying amounts of such assets and liabilities; the nature of, and changes in, the risks associated with involvement in the VIE; how involvement with the VIE affects the entity's financial position, financial performance, and cash flows; the lack of recourse if creditors (or beneficial interest holders) of the consolidated VIE have no recourse to the general credit of the primary beneficiary (if applicable); the terms of arrangements, giving consideration to both explicit arrangements and implicit variable interests, if any, that could require the entity to provide financial support to the VIE, including events or circumstances that could expose the entity to a loss; the methodology used by the entity for determining whether or not it is the primary beneficiary of the variable interest entity; the significant factors considered and judgments made in determining that the power to direct the activities of a VIE that most significantly impact the VIE's economic performance are shared (as defined); the carrying amounts and classification of assets and liabilities of the VIE included in the statement of financial position; the entity's maximum exposure to loss, if any, as a result of its involvement with the VIE, including how the maximum exposure is determined and significant sources of the entity's exposure to the VIE; a comparison of the carrying amounts of the assets and liabilities and the entity's maximum exposure to loss; information about any liquidity arrangements, guarantees, and (or) other commitments by third parties that may affect the fair value or risk of the entity's variable interest in the VIE; whether or not the entity has provided financial support or other support (explicitly or implicitly) to the VIE that it was not previously contractually required to provide or whether the entity intends to provide that support, including the type and amount of the support and the primary reasons for providing the support; and supplemental information the entity determines necessary to provide.

+ References + Details

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2017

Accounting Policies [Abstract]

Schedule of Estimated Useful Lives of Property and Equipment

Network equipment		5 years
Office property		40 years
Furniture and fixture		5 years
Computer and office equipment		3-5 years
Vehicle		5 years
Software		5 years
Leasehold improvement		Shorter of the term of the lease
		or the estimated useful lives of the assets

Schedule of Estimated Economic Lives of Intangible Assets

Amortization of other definite-lived intangible assets is computed using the straight-line method over the following estimated economic lives:

Audio-vision programming & broadcasting qualification	19.5 years
Customer relationships	3-3.4 years
Contract backlog	1.2-3 years
Concession agreements	3.8-10 years
Non-compete agreements	4.4 years

DISCOUNTINUED OPERATION (Tables)

12 Months Ended

Dec. 31, 2017

Discontinued Operations

Schedule of reclassification of assets, liabilities, revenue and expenses under "Discontinued Operations"

The financial results of the disposed business lines are set out below.

	For the year ended December 31,
	2015

Net revenues	$	166,843
Cost of revenues		(126,745	)

Gross profit		40,098

Operating expenses		(13,239	)

Income from operations		26,859

Gain from disposal of 75% equity interest in AM Advertising		244,164
Interest income		298
Other income, net		1,293
Income on equity method investments		265

Net income before income tax		272,879
Income taxes benefit/(expense)		(51,696	)

Income from discontinued operations attributable to owners of the Company	$	221,183

Details of related party transactions for the years ended December 31, 2015 were as follows:

Concession cost purchased from:

Name of related parties	Relationship	For the year ended December 31, 2015
Guangxi Dingyuan (1)	Equity method investee	$	1,107
Qingdao AM (2)	Equity method investee		1,230
		$	2,337

Equity transaction with a related party:

Name of related parties	Relationship	For the year ended December 31, 2015
Beijing Dayun Culture Communication Co., Ltd. ("Dayun Culture") (3)	Invested by management of the Group	$	8,605
		$	8,605

(1)

The Group purchased stand-alone digital frames, LED and lightbox concession in Nanning airport from Guangxi Dingyuan amounting to $1,107 for the years ended December 31, 2015.

(2)

The Group purchased stand-alone digital frames concession in Qingdao airport from Qingdao AM amounting to $1,230 for the year ended December 31, 2015.

(3)

- Definition

Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 45
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=65878427&loc=SL51721533-107759

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 4B
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721665-107760

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=64827811&loc=d3e1474-107760

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=64827811&loc=d3e1361-107760

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721683-107760

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 3A
-URI http://asc.fasb.org/extlink&oid=84176398&loc=SL51724579-110230

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 5C
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721675-107760

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 4A
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721663-107760

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=84176398&loc=d3e2941-110230

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 5B
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721673-107760

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 3A
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721659-107760

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 5A
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721671-107760

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 5D
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721677-107760

+ Details

SEGMENT INFORMATION AND REVENUE ANALYSIS (Tables)

12 Months Ended

Dec. 31, 2017

Segment Reporting Information, Revenue for Reportable Segment [Abstract]

Schedule of Revenues by Service Categories

	For the years ended December 31,
	2015		2016		2017
Revenues from continuing operations:

Air Travel Media Network	$	38,917	$	12,178	$	18,702
Gas Station Media Network		9,840		4,009		4,093
Other Media		2,109		410		1,533
	$	50,866	$	16,597	$	24,328

ACCOUNTS RECEIVABLE, NET (Tables)

12 Months Ended

Dec. 31, 2017

Accounts Receivable, Net [Abstract]

Schedule of Accounts Receivable, Net

Accounts receivable, net, consists of the following:

	As of December 31,
	2016		2017

Accounts receivable, gross	$	13,596	$	15,571

Less: Allowance for doubtful accounts		(3,815)		(4,591)

Accounts receivable, net	$	9,781	$	10,980

Schedule of Allowance for Doubtful Accounts

Movement of allowance for doubtful accounts is as follows:

	Balance at								Balance at
	beginning		Charge to				Exchange		end of the
	of the year		expenses		Write off		adjustment		year

2015	$	4,458		(2,661)		-		(70)		1,727
2016		1,727		2,248		-		(160)		3,815
2017		3,815		1,403		(883)		256		4,591

OTHER CURRENT ASSETS, NET (Tables)

12 Months Ended

Dec. 31, 2017

Other Assets [Abstract]

Schedule of Other Current Assets Net

Other current assets, net, consist of the following:

	As of December 31,
	2016			2017

Input VAT receivable	$	16,249		$	20,670
Prepaid selling and marketing fees		368			1,708
Short-term deposits		74			129
Prepaid income tax		417			273
Prepaid individual income tax and other employee advances		290			435
Loans to third parties (i)		17,080			41,733
Receivable from third party (ii)		7,106			4,317
Receivable from a non-controlling interest holders		6,377			3,170
Receivable from AM Advertising and its subsidiaries (iii)		23,550			26,160
Receivables from ADS depositary		468			-
Other prepaid expenses (iv)		2,732			7,346
Others		-			1,166
		74,711			107,107
Allowance for doubtful amounts		(5,861	)		(47,282	)

	$	68,850		$	59,825

(i)

(ii)

Receivable from third party mainly represented the receivable from the disposal of investment and property. As of December 31, 2016 and 2017, the bad debt allowance was $1,031 and $257, respectively.

(iii)

(iv)

As of December 31, 2016 and 2017, the bad debt allowance was $461 and $2,543, respectively.

ACQUIRED INTANGIBLE ASSETS, NET (Tables)

12 Months Ended

Dec. 31, 2017

Intangible Assets, Net (Excluding Goodwill) [Abstract]

Schedule of Acquired Intangible Assets, Net

Acquired intangible assets, net, consist of the following:

	As of December 31,
	2016								2017
	Gross						Net		Gross						Net
	carrying		Accumulated		Accumulated		carrying		carrying		Accumulated		Accumulated		carrying
	amount		amortization		impairment		amount		amount		amortization		impairment		amount

Audio-vision programming and broadcasting qualification	$	200	$	(35)	$	(165)	$	-	$	213	$	(37)	$	(176)	$	-
Customer relationships		689		(689)		-		-		735		(735)		-		-
Contract backlog		1,441		(1,441)		-		-		1,536		(1,536)		-		-
Concession agreements		9,758		(7,513)		(563)		1,682		10,404		(8,529)		(1,875)		-
Non-compete agreements		170		(161)		(9)		-		182		(172)		(10)		-

	$	12,258	$	(9,839)	$	(737)	$	1,682	$	13,070	$	(11,009)	$	(2,061)		-

PROPERTY AND EQUIPMENT, NET (Tables)

12 Months Ended

Dec. 31, 2017

Property, Plant and Equipment [Abstract]

Schedule of Property and Equipment, Net

Property and equipment, net, consist of the following:

	As of December 31,
	2016		2017
Digital display network equipment	$	6,314	$	6,548
WIFI and network equipment		27,719		36,431
Gas station display network equipment		38,615		43,079
Software		9,174		9,764
Office property		5,805		11,506
Computer and office equipment		2,828		3,264
Vehicle		938		817
Leasehold improvement		607		2,262
Construction in progress		1,422		514
Furniture and fixture		1,123		994
Total original costs		94,545		115,179
Less: impairment		(826)		(52,216)
Less: accumulated depreciation		(32,714)		(47,521)

Total property and equipment, net	$	61,005	$	15,442

LONG-TERM INVESTMENTS (Tables)

12 Months Ended

Dec. 31, 2017

Long-term Investments [Abstract]

Schedule of Equity Method Investments

The Group had the following equity method investments, other-than-temporary impairment loss of nil and $1,919 was recognized for the years ended December 31, 2016 and 2017:

	As of December 31,
	2016				2017

Name of company	Percentage		Amount		Percentage		Amount
	%				%
Equity method investments

Beijing Eastern Media Corporation Ltd. (“BEMC “) (1)		49	$	1,461		49	$	1,618

Beijing Hezhong Chuangjin Investment Co., Ltd. ("Hezhong Chuangjin") (2)		15		1,944		15		1,993

Lanmeihangbiao Tiandi Internet Investment Management (Beijing) Co., Ltd. ("LMHB") (3)		40		256		40		223

Beijing Yuyue Film Culture Co., Ltd (“Yuyue Film”) (4)		25		432		25		362

Beijing Yunxing Chuangrong Investment Fund Management Co., Ltd (“Yunxing”) (5)		50		2,083		-		-

Unicom AirMedia (Beijing) Network Co., Ltd. ("Unicom AirMedia") (6)		-		-		39		17,422

Less: impairment loss on equity method investments (2)				-				(1,993)

			$	6,176			$	19,625

(1)

(2)

(3)

(4)

(5)

(6)

Schedule of Cost Method Investments

The Group had the following cost method investments, other-than-temporary impairment loss of nil and nil was recognized for the year ended December 31, 2016 and 2017, respectively:

	As of December 31,
	2016				2017

Name of company	Percentage		Amount		Percentage		Amount
	%				%
Zhangshangtong Air Service (Beijing) Co., Ltd. ("Zhangshangtong") (1)		20	$	388		20	$	415

Qingdao Jinshi Zhixing Investment Centre LLP (“Qingdao Jinshi”) (2)		3		22		-		-

Beijing Zhongjiao Huineng Information Technology Co., Ltd (“Zhongjiao Huineng”) (3)		13		541		13		577

AM Advertising ( Refer to Note 23-c)		20		76,734		20		81,817

			$	77,685			$	82,809

(1)

(2)

(3)

In January 2016, the Group acquired 13.3% equity interest in Zhongjiao Huineng, a company established in the PRC that is mainly engaged in providing WIFI and GPS service to logistic industry.

OTHER NON-CURRENT ASSETS (Tables)

12 Months Ended

Dec. 31, 2017

Other Non-current Assets

Schedule of Other non-current assets

Other non-current assets consist of the following:

	As of December 31,
	2016		2017

Investment in film and TV series (i)	$	1,854	$	1,407
Prepaid office space and leasehold improvement fees (ii)		4,917		798

	$	6,771	$	2,205

(i)

(ii)

LONG-TERM DEPOSITS (Tables)

12 Months Ended

Dec. 31, 2017

Deposit Assets Disclosure [Abstract]

Schedule of Long Term Deposits

Long-term deposits consist of the following:

	As of December 31,
	2016		2017

Concession fee deposits	$	5,547	$	5,516
Office rental deposits		880		523

	$	6,427	$	6,039

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES (Tables)

12 Months Ended

Dec. 31, 2017

Accrued Liabilities and Other Liabilities [Abstract]

Schedule of Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities consist of the follows:

	As of December 31,
	2016		2017

Accrued payroll and welfare	$	2,848	$	2,249
Other tax payable		1,366		1,314
Accrued staff disbursement		1,447		1,460
Deposit payable		266		613
Accrued professional fees		290		166
Other current liabilities		1,288		868
Payable to non-controlling interest holders		135		-
Payable to AM Advertising and its subsidiaries (i)		25,956		5,566

	$	33,596	$	12,236

(i)

INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2017

Income Tax Disclosure [Abstract]

Schedule of Income Tax (Expenses)/Benefits

Income tax expenses are as follows:

	For the years ended December 31,
	2015		2016		2017

Income tax expenses:
Current	$	480	$	50	$	633
Deferred		5,941		4,433		-

		6,421		4,483		633

Schedule of Deferred Income Tax Assets and Liabilities

The principal components of the Group's deferred income tax assets and liabilities are as follows:

	As of December 31,
	2016		2017
Deferred tax assets:
Allowance for doubtful accounts	$	4,083	$	12,270
Amortization of intangible assets and concession fees		1,606		1,163
Net operating loss carry forwards		30,697		51,769
Valuation allowance		(36,386)		(65,202)

Total deferred tax assets		-		-

Deferred tax liabilities:		-		-

Total deferred tax assets, net	$	-	$	-

Schedule of Effective Income Tax Rate Reconciliation

Reconciliation between the provision for income taxes computed by applying the PRC EIT rate of 25% to income before income taxes and the actual provision of income taxes is as follows:

	For the years ended December 31,
	2015			2016			2017

Net loss before provision for income taxes	$	(74,202)		$	(84,726)		$	(175,945)
PRC statutory tax rate		25	%		25	%		25	%
Income tax at statutory tax rate		(18,551)			(21,182)			(43,986)

Expenses not deductible for tax purpose
Entertainment expenses exceeded the tax limit		300			158			91
Tax effect of impairment loss on property and equipment and intangible assets		-			-			12,539
Tax effect of other permanent differences		330			1,681			1,831
Changes in valuation allowance		9,276			22,200			28,815
Effect of preferential tax rates granted to PRC entities		14,404			642			670
Effect of income tax rate difference in other jurisdictions		662			984			673

Income tax expenses	$	6,421		$	4,483		$	633

Effective tax rates		(8.7)	%		(5.3)	%		(0.4)	%

NET INCOME (LOSS) PER SHARE (Tables)

12 Months Ended

Dec. 31, 2017

Earnings Per Share [Abstract]

Schedule of the Calculation of Net Loss per Share

The calculation of the net income (loss) per share is as follows:

	For the years ended December 31,
	2015		2016		2017

Numerator:
Net income (loss) attributable to AirMedia Group Inc.'s ordinary shareholders	$	149,647	$	(65,625)	$	(156,476)
- Continuing operations		(70,651)		(65,625)		(156,476)
- Discontinued operations		220,298		-		-

Denominator:
Weighted average ordinary shares outstanding used in computing net income (loss) per ordinary share
- basic		121,740,194		125,277,056		125,629,779
- diluted		129,372,158		125,277,056		125,629,779
Weighted average shares used in calculating income (loss) per ordinary shares
Basic
Continuing operations		121,740,194		125,277,056		125,629,779
Discontinued operations		121,740,194		-		-
Diluted
Continuing operations (i)		121,740,194		125,277,056		125,629,779
Discontinued operations (ii)		129,372,158		-		-

Net (loss) income per ordinary share
-basic	$	1.23	$	(0.52)	$	(1.25)
-diluted		1.16		(0.52)		(1.25)
Net (loss) income per ordinary share from continuing operations
-basic	$	(0.58)	$	(0.52)	$	(1.25)
-diluted		(0.58)		(0.52)		(1.25)
Net income per ordinary share from discontinued operations
-basic	$	1.81	$	-	$	-
-diluted		1.70		-		-

(i)

(ii)

SHARE BASED PAYMENTS (Tables)

12 Months Ended

Dec. 31, 2017

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Stock Option Activities

The following summary of stock option activities under the 2007, 2011 and 2012 Share incentive plans as of December 31, 2017, reflective of all modifications is presented below:

	Outstanding Options
			Weighted average exercise		Weighted average		Weighted average remaining		Aggregate
	Number of		price		grant-date		contractual		intrinsic
	options		per option		fair value		terms		value

Outstanding as of January 1, 2017		7,710,176	$	1.15	$	1.05		1.57	$	1,552
Exercised		-		-		-		-		-
Forfeited or expired		(1,841,648)		-		-		-		-

Outstanding as of December 31, 2017		5,868,528	$	1.15	$	1.05		0.75	$	-
Options vested and expected to vest as of December 31, 2017		5,860,255		1.15		1.05		0.75		-

Options exercisable as of December 31, 2017		5,839,190	$	1.15	$	1.12		0.75	$	-

COMMITMENTS (Tables)

12 Months Ended

Dec. 31, 2017

COMMITMENTS [Abstract]

Schedule of Future Minimum Payments Under Operating Leases

Future minimum rental lease payments under non-cancellable operating leases agreements were as follows:

Year

2018	$	2,494
2019		401
2020		138
2021		35

	$	3,068

Schedule of Future Minimum Concession Fee Payments

Year

2018	$	25,935
2019		22,529
2020		21,448
2021		2,160
2022		2,225

	$	74,297

RELATED PARTY TRANSACTIONS (Tables)

12 Months Ended

Dec. 31, 2017

Schedule of Amount Due From/To Related Parties

		As of December 31,
Name of related parties	Relationship	2016		2017

Mr. Qing Xu (1)	Shareholder of the Company	$	835	$	968
Mrs. Guo Rong (2)	Vice president of the Company		-		14
Mrs. Li Hong (2)	Vice president of the Company		-		5
Wealthy Environment Limited (2)	Shareholder of the Company		-		22
Global Earning Pacific Ltd. (2)	Shareholder of the Company		-		37
AirMedia Holding Ltd. (2)	Entity controlled by Mr. Guo		-		540
AirMedia Merger Company Ltd. (2)	Entity controlled by Mr. Guo		-		665

		$	835	$	2,251

(1)

(2)

The amounts represent interest free advances to the related parties in a short term basis for operation purpose.

Schedule of Revenue Earned

Revenues earned from:

		For the years ended December 31
Name of related parties	Relationship	2015		2016		2017

AM Jinshi (1)	Wholly-owned subsidiary of AM Advertising		278		-		-
AM Advertising (1)	Long term investment		2		-		-

		$	280	$	-	$	-

Concession cost purchased from:

		For the years ended December 31
Name of related parties	Relationship	2015		2016		2017

AM Jinshi (1)	Wholly-owned subsidiary of AM Advertising		2		-		-
AM Advertising (1)	Long term investment		142		-		-

		$	144	$	-	$	-

(1)

ADDITIONAL INFORMATION-FINANCIAL STATEMENT SCHEDULE I FINANCIAL INFORMATION OF PARENT COMPANY (Tables)

12 Months Ended

Dec. 31, 2017

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Schedule of Parent's Condensed Balance Sheets

	As of December 31,
	2016		2017
Assets
Current assets
Cash and cash equivalents	$	139	$	89
Amount due from subsidiaries		178,083		145,850
Other current assets		3,825		1,919

Total current assets		182,047		147,858

Non-current assets
Investment in subsidiaries		86,896		-

TOTAL ASSETS		268,943		147,858

Liabilities
Current liabilities
Accrued expenses and other current liabilities		206		209

Total liabilities		206		209

Equity
Ordinary Shares ($0.001 par value; 900,000,000 shares authorized in 2016 and 2017; 127,662,057 shares and 127,662,057 shares issued as of December 31, 2016 and 2017; 125,629,779 shares and 125,629,779 shares outstanding as of December 31, 2016 and 2017, respectively)		128		128
Additional paid-in capital		287,094		286,739
Treasury stock (2,032,278 and 2,032,278 shares as of December 31, 2016 and 2017, respectively)		(2,351)		(2,351)
Accumulated deficits		(15,842)		(172,318)
Accumulated other comprehensive (loss) income		(292)		35,451

Total equity		268,737		147,649

TOTAL LIABILITIES AND EQUITY	$	268,943	$	147,858

Schedule of Parent's Condensed Statements of Operations

	For the years ended December 31,
	2015		2016		2017
Operating expenses
Selling and marketing	$	-	$	(8)	$	-
General and administrative		(2,070)		(2,356)		(468)

Total operating expenses		(2,070)		(2,364)		(468)
Other income (loss), net		-		548		(5)
Investment income (loss) in subsidiaries		151,717		(63,809)		(156,003)

Net income (loss) attributable to holders of ordinary shares	$	149,647	$	(65,625)	$	(156,476)

Schedule of Parents' Condensed Statements of Comprehensive Income/Loss

	For the years ended December 31,
	2015		2016		2017

Net income (loss)	$	149,647	$	(65,625)	$	(156,476)
Other comprehensive (loss) income, net of tax:
Change in cumulative foreign currency translation adjustment		(10,887)		(23,220)		35,743

Comprehensive income (loss) attributable to Parent Company	$	138,760	$	(88,845)	$	(120,733)

Schedule of Parent's Condensed Statements of Changes in Equity

											Accumulated
					Additional				(Accumulated deficits)		other
	Ordinary shares				paid-in		Treasury		retained		comprehensive		Total
	Shares		Amount		capital		stock		earnings		Income (loss)		equity
Balance as of January 1, 2015		119,942,413	$	128	$	323,167	$	(9,236)	$	(99,138)	$	33,815	$	248,736

Ordinary shares issued for share based compensation		4,453,232		-				5,458		(663)		-		4,825
Share-based compensation		-		-		598		-		-		-		598
Foreign currency translation adjustment		-		-		-		-		-		(10,887)		(10,887)
Net income		-		-		-		-		149,647		-		149,647
Capital contribution from non-controlling interests		-		-		271		-		-		-		271
Capital contribution to Guangzhou Meizheng		-		-		(459)		-		-		-		(459)
Acquisition of non-controlling interests		-		-		(6,163)		-		-		-		(6,163)

Balance as of December 31, 2015		124,395,645	$	128		317,414		(3,778)		49,876		22,928		386,568

Stock option exercised		1,234,134		-		-		1,427		(93)		-		1,334
Share-based compensation		-		-		773		-		-		-		773
Foreign currency translation adjustment		-		-		-		-		-		(23,220)		(23,220)
Net (loss)		-		-		-		-		(65,625)		-		(65,625)
Acquisition of equity interests from non-controlling shareholders		-		-		(34,570)		-		-		-		(34,570)
Capital contribution from non-controlling interests		-		-		3,477		-		-		-		3,477

Balance as of December 31, 2016		125,629,779	$	128	$	287,094	$	(2,351)	$	(15,842)	$	(292)	$	268,737

Share-based compensation		-		-		343		-		-		-		343
Foreign currency translation adjustment		-		-		-		-		-		35,743		35,743
Net (loss)		-		-		-		-		(156,476)		-		(156,476)
Acquisition of equity interests from non-controlling interests		-		-		(1,414)		-		-		-		(1,414)
Capital contribution from non-controlling interests		-		-		716		-		-		-		716

Balance as of December 31, 2017		125,629,779	$	128	$	286,739	$	(2,351)	$	(172,318)	$	35,451	$	147,649

Schedule of Parent's Condensed Statements of Cash Flows

	For the years ended December 31,
	2015		2016		2017
CASH FLOWS FROM OPERATING ACTIVITIES
Net income (loss)	$	149,647	$	(65,625)	$	(156,476)
Investment loss (income) in subsidiaries		(151,717)		63,809		156,003
Share-based compensation		598		773		343

CHANGES IN WORKING CAPITAL ACCOUNTS
Other current assets		(813)		(2,456)		1,907
Accrued expenses and other current liabilities		169		(47)		3
Amount due to subsidiaries		(3,135)		483		(2,024)
Amount due from subsidiaries		(1,272)		1,536		194

Net cash (used in) operating activities		(6,523)		(1,527)		(50)

CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from exercises of stock options		4,826		1,334		-

Net cash provided by financing activities		4,826		1,334		-

Net increase (decrease) in cash		(1,697)		(193)		(50)
Cash, at beginning of year		2,029		332		139

Cash, at end of year	$	332	$	139	$	89

ORGANIZATION AND PRINCIPAL ACTIVITIES (Narrative) (Details) $ / shares in Units, $ in Thousands	1 Months Ended				12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015 $ / shares	Jun. 30, 2015 USD ($)	Jun. 30, 2015 CNY (¥)	Dec. 31, 2017 CNY (¥)	Dec. 31, 2016	Dec. 31, 2015	Jul. 31, 2017 USD ($) $ / shares	May 23, 2017 $ / shares	Jun. 29, 2016	Jun. 19, 2015 $ / shares	Jun. 18, 2015 $ / shares
Organization And Principal Activities [Line Items]
Sale of equity interest, percentage	46.43%		75.00%	75.00%
Equity interest retained	28.57%						28.57%
Premium on Closing Share Price , Percentage		70.50%
Business Acquisition, Transaction Costs \| $								$ 5,320
Business Acquisition Cost Of Acquired Entity Transaction Additional Costs \| $								$ 10,640
Ordinary shares [Member]
Organization And Principal Activities [Line Items]
Proposed price per share		$ 3.00
Business Acquisition, Share Price								$ 2.05	$ 2.00
American depositary share [Member]
Organization And Principal Activities [Line Items]
Proposed price per share		$ 6.00										$ 3.52
Business Acquisition, Share Price								$ 4.10	$ 4.00
AM Advertising [Member]
Organization And Principal Activities [Line Items]
Sale of equity interest, percentage							20.18%
Longde Wenchuang the Buyer [Member]
Organization And Principal Activities [Line Items]
Sale of equity interest, amount			$ 302,400	¥ 2,100,000,000
Longde Wenchuang the Buyer [Member] \| AM Advertising [Member]
Organization And Principal Activities [Line Items]
Equity interest retained										28.57%
Mr. Herman Man Guo [Member] \| Proposal [Member]
Organization And Principal Activities [Line Items]
Proposed price per share											$ 3.00
Mr. Herman Man Guo [Member] \| Proposal [Member] \| American depositary share [Member]
Organization And Principal Activities [Line Items]
Proposed price per share											$ 6.00
Yuehang Chuanyi Technology Beijing Co., Ltd. Chuanyi Technology [Member]
Organization And Principal Activities [Line Items]
Variable Interest Entity, Qualitative or Quantitative Information, Ownership Percentage					100.00%
AirMedia Online Network Technology Co., Ltd. ("AM Online") [Member] \| Yuehang Chuanyi Technology Beijing Co., Ltd. Chuanyi Technology [Member]
Organization And Principal Activities [Line Items]
Loan to shareholders \| ¥					¥ 40,000
Term of loan					15 days
Beijing Linghang Shengshi Advertising Co., Ltd. Linghang Shengshi [Member]
Organization And Principal Activities [Line Items]
Minimum Annual Service Fee Percentage					0.50%
AM Yuehang [Member]
Organization And Principal Activities [Line Items]
Minimum Annual Service Fee Percentage					1.00%
Variable Interest Entity, Primary Beneficiary [Member]
Organization And Principal Activities [Line Items]
Variable Interest Entity, Qualitative or Quantitative Information, Ownership Percentage					100.00%
Variable Interest Entity, Consolidated Net Revenue Percentage					100.00%	98.80%	98.00%
Variable Interest Entity, Consolidated Total Assets Percentage					85.60%	80.00%
Variable Interest Entity, Consolidated Total Liabilities Percentage					85.60%	83.70%

ORGANIZATION AND PRINCIPAL ACTIVITIES (Schedule of Companies Subsidiaries and VIE's) (Details)	12 Months Ended
	Dec. 31, 2017
Beijing Dongding Gongyi Advertising Co., Ltd. ("Dongding") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Feb. 01, 2010
Place of incorporation	the PRC
Beijing GreatView Media Advertising Co., Ltd. (Formerly Beijing Weimei Shengjing Media Advertising Co., Ltd.) ("GreatView Media")
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Apr. 28, 2011
Place of incorporation	the PRC
Guangzhou Meizheng Online Network Technology Co., Ltd. ("Guangzhou Meizheng") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	May 17, 2013
Place of incorporation	the PRC
Beijing Yuehang Tianyi Electronic Information Technology Co., Ltd.(Formerly Beijing AirMedia Tianyi Information Technology Co., Ltd.) ("Yuehang Tianyi")
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Sep. 25, 2013
Place of incorporation	the PRC
Beijing Wangfan Jiaming Pictures Co., Ltd.. ("Wangfan Jiaming") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Dec. 31, 2015
Place of incorporation	the PRC
Meizheng Network Information Technology Co., Ltd. (“Meizheng Network”) [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Aug. 08, 2016
Place of incorporation	the PRC
Wangfan Linghang Mobile Network Technology Co., Ltd. (“Linghang”) [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Apr. 23, 2015
Place of incorporation	the PRC
Shandong Airmedia Cheweishi Network Technology Co.,Ltd.(“Shangdong Cheweishi ”) [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Jul. 21, 2016
Place of incorporation	the PRC
Dingsheng Ruizhi (Beiing) Investment Consulting Co., Ltd. (“Dingsheng Ruizhi”) [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	May 25, 2016
Place of incorporation	the PRC
Wangfan Tongda Culture Development Beijing Co., Ltd. Tongda Culture” [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	May 11, 2018
Place of incorporation	the PRC
Yuehang Zhongying E-commerce Co., Ltd. Zhongying” [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	May 17, 2018
Place of incorporation	the PRC
Beijing Airport United Culture Media Co., Ltd. (“Airport United”) [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Jun. 19, 2018
Place of incorporation	the PRC
Beijing Linghang Shengshi Advertising Co., Ltd. ("Linghang Shengshi ") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Aug. 07, 2005
Place of incorporation	the PRC
Beijing Wangfan Jiaming Advertising Co.,Ltd.("Jiaming Advertising") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Jan. 01, 2007
Place of incorporation	the PRC
Beijing Yuehang Digital Media Advertising Co., Ltd. ("Beijing Yuehang") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Jan. 16, 2008
Place of incorporation	the PRC
AirMedia Online Network Technology Group Co., Ltd. (Formerly AirMedia Online Network Technology Co., Ltd.) ("AM Online") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Apr. 30, 2015
Place of incorporation	the PRC
Beijing Airnet Pictures Co., Ltd. ("Airnet Pictures") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Sep. 13, 2007
Place of incorporation	the PRC
Beijing Zhihe Xianglong Advertising Co., Ltd. ("Flying Dragon") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Aug. 01, 2008
Place of incorporation	the PRC
Wenzhou Yuehang Advertising Co., Ltd. ("Wenzhou Yuehang") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Oct. 17, 2008
Place of incorporation	the PRC
Yuehang Chuangyi Technology (Beijing) Co., Ltd. ("Chuangyi Technology") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Sep. 19, 2005
Place of incorporation	the PRC
Percentage of economic ownership	100.00%
Shenzhen Yuehang Information Technology Co., Ltd. ("Shenzhen Yuehang") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Jun. 06, 2006
Place of incorporation	the PRC
Percentage of economic ownership	100.00%
Xi'an Shengshi Dinghong Information Technology Co., Ltd. ("Xi'an Shengshi") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Dec. 31, 2007
Place of incorporation	the PRC
Percentage of economic ownership	100.00%
Broad Cosmos Enterprises Ltd. (“Broad Cosmos”) [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Jun. 26, 2006
Place of incorporation	British Virgin Islands ("BVI")
Percentage of economic ownership	100.00%
Air Net International Limited ("Air Net International") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Jul. 14, 2007
Place of incorporation	BVI
Percentage of economic ownership	100.00%
Air Net (China) Limited ("AN China") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Aug. 05, 2005
Place of incorporation	Hong Kong
Percentage of economic ownership	100.00%
Guangzhou Meizheng Information Technology Co., Ltd. ("Guangzhou Tech") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Jun. 18, 2015
Place of incorporation	the PRC
AirMedia Henglong Mobile Network Technology Co., Ltd. ("AMHL Mobile") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Apr. 27, 2015
Place of incorporation	the PRC
Wangfan Network Technology Co., Ltd.(“Iwanfan”) [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	May 06, 2016
Place of incorporation	the PRC

ORGANIZATION AND PRINCIPAL ACTIVITIES (Schedule of VIE's Consolidated Balance Sheets) (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Variable Interest Entity [Line Items]
Total current assets	$ 98,592	$ 205,244
Total assets	225,002	381,190
Total current liabilities	75,795	90,209
Total liabilities	101,323	114,593
AirMedia's VIEs [Member]
Variable Interest Entity [Line Items]
Total current assets	73,362	177,425
Total non-current assets	122,489	127,486
Total assets	195,851	304,911
Total current liabilities	63,302	71,535
Total non-current liabilities	25,528	24,384
Total liabilities	$ 89,294	$ 95,919

- Definition

Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer.

+ 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(14))
-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 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02(10))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 3: 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(12))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 4: 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(15))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 5: 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(11))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 6: 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(13))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 7: 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(17))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 8: 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(16))
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

+ Details

ORGANIZATION AND PRINCIPAL ACTIVITIES (Schedule of VIE's Consolidated Statement of Operations) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Variable Interest Entity [Line Items]
Net revenues	$ 23,759	$ 16,513	$ 50,233
Net income (loss)	(179,181)	(89,242)	142,912
AirMedia's VIEs [Member]
Variable Interest Entity [Line Items]
Net revenues	23,759	16,311	46,237
Net income (loss)	$ (173,516)	$ (81,659)	$ (60,117)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Narrative) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2017 USD ($)	Dec. 31, 2016 USD ($)	Dec. 31, 2015 USD ($)	Dec. 31, 2017 CNY (¥)
Significant Accounting Policies [Line Items]
Revenue from nonmonetary transactions	$ 0	$ 0	$ 473
Advertising expenses	1,209	720	350
Government subsidies	0	86	513
Operating Income (Loss)	(178,804)	(89,812)	(76,057)
(Accumulated deficit) retained earnings	(172,318)	(15,842)
Net Cash Provided by (Used in) Operating Activities	(58,570)	(103,610)	(69,062)
Value of Stock to be Issued	23,055			¥ 150,000
Impairment of Intangible Assets, Finite-lived	$ 22,741	$ 826	$ 0
PRC Tax Administration and Collection Law [Member]
Significant Accounting Policies [Line Items]
Operating Loss Carryforwards, Limitations on Use	According to the PRC Tax Administration and Collection Law, the statute of limitations is three years if the underpayment of taxes is due to computational errors made by the taxpayer or the withholding agent. The statute of limitations is extended to five years under special circumstances, where the underpayment of taxes is more than RMB 100,000. In the case of transfer pricing issues, the statute of limitation is ten years. There is no statute of limitation in the case of tax evasion.
Hong Kong Inland Revenue Department [Member]
Significant Accounting Policies [Line Items]
Operating Loss Carryforwards, Limitations on Use	According to Hong Kong Inland Revenue Department, the statute of limitation is six years if any company chargeable with tax has not been assessed or has been assessed at less than the proper amount, the statute of limitation is extend to 10 years if the underpayment of taxes is due to fraud or willful evasion.
AM Advertising [Member]
Significant Accounting Policies [Line Items]
Debt Instrument, Collateral Percentage	20.18%			20.18%
Debt Instrument, Collateral Amount	$ 30,739			¥ 200,000
Customer A [Member]
Significant Accounting Policies [Line Items]
Impairment of Intangible Assets, Finite-lived	$ 1,228
Revenues [Member]
Significant Accounting Policies [Line Items]
Concentration risk, percentage	10.00%	10.00%	10.00%
Customer Concentration Risk [Member]
Significant Accounting Policies [Line Items]
Concentration risk, percentage	10.00%
Minimum [Member]
Significant Accounting Policies [Line Items]
VAT rate	3.00%
Equity Method Investment, Ownership Percentage	20.00%			20.00%
Maximum [Member]
Significant Accounting Policies [Line Items]
VAT rate	6.00%
Equity Method Investment, Ownership Percentage	50.00%			50.00%

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Schedule of Estimated Useful Lives of Property and Equipment) (Details)	12 Months Ended
	Dec. 31, 2017
Network equipment [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	5 years
Office property [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	40 years
Furniture and fixture [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	5 years
Computer and office equipment [Member] \| Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	3 years
Computer and office equipment [Member] \| Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	5 years
Vehicle[Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	5 years
Software [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	5 years
Leasehold improvement [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	Shorter of the term of the lease or the estimated useful lives of the assets

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Schedule of Estimated Economic Lives of Intangible Assets) (Details)	12 Months Ended
	Dec. 31, 2017
Audio-vision programming & broadcasting qualification [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives	19 years 6 months
Customer relationships [Member] \| Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives	3 years
Customer relationships [Member] \| Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives	3 years 4 months 24 days
Contract backlog [Member] \| Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives	1 year 2 months 12 days
Contract backlog [Member] \| Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives	3 years
Concession agreements [Member] \| Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives	3 years 9 months 18 days
Concession agreements [Member] \| Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives	10 years
Non-compete agreements [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives	4 years 4 months 24 days

DISCOUNTINUED OPERATION (Narrative) (Details)
$ in Thousands

1 Months Ended

5 Months Ended

12 Months Ended

Nov. 30, 2015

USD ($)

Aug. 31, 2018

CNY (¥)

Aug. 23, 2018

CNY (¥)

Dec. 31, 2018

USD ($)

Dec. 31, 2018

CNY (¥)

Dec. 31, 2017

USD ($)

Dec. 31, 2017

CNY (¥)

Dec. 31, 2016

USD ($)

Dec. 31, 2016

CNY (¥)

Dec. 31, 2015

USD ($)

Dec. 31, 2015

CNY (¥)

May 24, 2018

Profit Target

$ 44,459

¥ 288,000

$ 37,050

¥ 240,000

$ 30,875

¥ 200,000

Earnout commitment recorded at fair value

25,240

Gain recognized on the disposal

244,164

Total consideration

$ 324,183

Equity interest retained

28.57%

Net book value of the target business

$ 134,497

(Loss) income on equity method investments

(2,603)

(33)

2,352

Equity transaction with a related party

8,605

Concession cost purchased

2,337

Contingent Liability

23,549

$ 23,549

Business Combination, Contingent Consideration, Liability

$ 0

Beijing Dayun Culture Communication Co., Ltd. ("Dayun Culture") [Member]

Equity transaction with a related party

$ 8,605

8,605

^[1]

Noncontrolling Interest, Ownership Percentage by Parent

100.00%

Qingdao Airport AirMedia Advertising Co., Ltd ("Qingdao AM") [Member]

Concession cost purchased

^[2]

1,230

Guangxi Dingyuan Media Ltd. ("Guangxi Dingyuan") [Member]

Concession cost purchased

^[3]

$ 1,107

Beijing AirMedia Lianhe Advertising Company ( AirMedia Lianhe ) [Member]

Equity interest retained

20.00%

Maximum [Member]

Profit Target | ¥

¥ 1,059,200

Ownership percentage

50.00%

Scenario, Forecast [Member]

Profit Target

$ 51,128

¥ 331,200

Ownership percentage

40.00%

Variable Interest Entity, Measure of Activity, Operating Income or Loss | ¥

¥ 152,000,000

Interest Expense, Debt | ¥

7,840,000

Scenario, Forecast [Member] | Shareholder Loan [Member]

Debt Instrument, Face Amount | ¥

88,000,000

¥ 88,000,000

AM Advertising [Member]

Equity interest retained

25.00%

Fair value of the remaining equity interest

$ 79,718

(Loss) income on equity method investments

$ 2,491

Ownership percentage

75.00%

AM Advertising [Member] | Scenario, Forecast [Member]

Total consideration | ¥

304,554,000

Proceeds from Sale of Cost Method Investments | ¥

¥ 56,714,000

Cost Method Investment, Sale of Ownership Percentage

20.32%

AM Advertising [Member] | Scenario, Forecast [Member] | Mr. Man Guo [Member]

Cost Method Investment, Sale of Ownership Percentage

0.32%

AirMedia Group Inc [Member] | AM Advertising [Member] | Scenario, Forecast [Member]

Cost Method Investment, Sale of Ownership Percentage

20.00%

[1]	In November 2015, AM Advertising purchased 20% equity interest in Beijing AirMedia Lianhe Advertising Co., Ltd. (“AirMedia Lianhe”) from Dayun Culture with consideration of $8,605. After the transaction, AM Advertising held 100% equity interest in AirMedia Lianhe.
[2]	The Group purchased stand-alone digital frames concession in Qingdao airport from Qingdao AM amounting to $1,230 for the year ended December 31, 2015.
[3]	The Group purchased stand-alone digital frames, LED and lightbox concession in Nanning airport from Guangxi Dingyuan amounting to $1,107 for the years ended December 31, 2015.

DISCOUNTINUED OPERATION (Schedule of result of operations of the Target Businesses) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Net income before income tax	$ 0	$ 0	$ 272,879
Income taxes benefit/(expense)	0	0	51,696
Income from discontinued operations attributable to owners of the Company	$ 0	$ 0	220,298
AM Advertising [Member]
Net revenues			166,843
Cost of revenues			(126,745)
Gross profit			40,098
Operating expenses			(13,239)
Income from operations			26,859
Gain from disposal of 75% equity interest in AM Advertising			244,164
Interest income			298
Other income, net			1,293
Income on equity method investments			265
Net income before income tax			272,879
Income taxes benefit/(expense)			(51,696)
Income from discontinued operations attributable to owners of the Company			$ 221,183

DISCOUNTINUED OPERATION (Schedule of related party transactions) (Details) - USD ($)
$ in Thousands

1 Months Ended

12 Months Ended

Nov. 30, 2015

Dec. 31, 2015

Concession cost purchased

$ 2,337

Equity transaction with a related party

8,605

Guangxi Dingyuan Media Ltd. ("Guangxi Dingyuan") [Member]

Concession cost purchased

^[1]

1,107

Qingdao Airport AirMedia Advertising Co., Ltd ("Qingdao AM") [Member]

Concession cost purchased

^[2]

1,230

Beijing Dayun Culture Communication Co., Ltd. ("Dayun Culture") [Member]

Equity transaction with a related party

$ 8,605

^[3]

[1]	The Group purchased stand-alone digital frames, LED and lightbox concession in Nanning airport from Guangxi Dingyuan amounting to $1,107 for the years ended December 31, 2015.
[2]	The Group purchased stand-alone digital frames concession in Qingdao airport from Qingdao AM amounting to $1,230 for the year ended December 31, 2015.
[3]	In November 2015, AM Advertising purchased 20% equity interest in Beijing AirMedia Lianhe Advertising Co., Ltd. (“AirMedia Lianhe”) from Dayun Culture with consideration of $8,605. After the transaction, AM Advertising held 100% equity interest in AirMedia Lianhe.

SEGMENT INFORMATION AND REVENUE ANALYSIS (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Product Or Service [Line Items]
Revenues from continuing operations	$ 24,328	$ 16,597	$ 50,866
Air Travel Media Network [Member]
Product Or Service [Line Items]
Revenues from continuing operations	18,702	12,178	38,917
Gas Station Media Network [Member]
Product Or Service [Line Items]
Revenues from continuing operations	4,093	4,009	9,840
Other Media [Member]
Product Or Service [Line Items]
Revenues from continuing operations	$ 1,533	$ 410	$ 2,109

ACCOUNTS RECEIVABLE, NET (Schedule of Accounts Receivable, Net) (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Accounts receivable, gross	$ 15,571	$ 13,596
Less: Allowance for doubtful accounts	(4,591)	(3,815)	$ (1,727)	$ (4,458)
Accounts receivable, net	$ 10,980	$ 9,781

ACCOUNTS RECEIVABLE, NET (Schedule of Allowance for Doubtful Accounts) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Balance at beginning of the year	$ 3,815	$ 1,727	$ 4,458
Charge to expenses	1,403	2,248	(2,661)
Write off	(883)	0	0
Exchange adjustment	256	(160)	(70)
Balance at end of the year	$ 4,591	$ 3,815	$ 1,727

OTHER CURRENT ASSETS, NET (Details) - USD ($)
$ in Thousands

Dec. 31, 2017

Dec. 31, 2016

Input VAT receivable

$ 20,670

$ 16,249

Prepaid selling and marketing fees

1,708

368

Short-term deposits

129

Prepaid income tax

273

417

Prepaid individual income tax and other employee advances

435

290

Loans to third parties

^[1]

41,733

17,080

Receivable from third party

^[2]

4,317

7,106

Receivable from a non-controlling interest holders

3,170

6,377

Receivable from AM Advertising and its subsidiaries

^[3]

26,160

23,550

Receivables from ADS depositary

468

Other prepaid expenses

^[4]

7,346

2,732

Others

1,166

Other Assets Current, Gross

107,107

74,711

Allowance for doubtful amounts

(47,282)

(5,861)

Total other current assets

$ 59,825

$ 68,850

[1]	These third parties provide outdoor advertising services to their customers. Loans to third parties are in order to secure them to provide advertising services at prime locations to the Group. For the years ended December 31, 2016 and 2017, the Group entered into various loan agreements with third parties amounting with aggregated amount of $17,080 and $41,733, respectively with the terms of one year. The interest rates were from 4.35% to 8% without any assets pledged for the years ended December 31, 2016 and 2017, respectively. As of December 31, 2017, the management conducted a review on the outstanding loans, and the review discovered that market conditions under which the third parties competed deteriorated unexpectedly in 2017, which imposed adverse constraints on their ability to repay the loans. As of December 31, 2016 and 2017, the bad debt allowance for loan to third parties amounted to $864 and $40,748 respectively.
[2]	Receivable from third party mainly represented the receivable from the disposal of investment and property. As of December 31, 2016 and 2017, the bad debt allowance was $1,031 and $257, respectively.
[3]	On March 29, 2018 and August 23, 2018, we entered into a MoU and its supplemental agreement respectively, with, among others, Longde Wenchuang and Beijing Cultural Center Construction and Development Fund (Limited Partnership), under which, among other things, Linghang Shengshi and Mr. Guo have agreed to pay or make available to AM Advertising on or prior to May 30, 2018 and furhter extended to September 30, 2018 an aggregate of RMB304,553,900 which was to be discounted by the following amounts (i) the RMB152,000,000 profits attributable to Linghang Shengshi, Mr. Guo and Mr. Xu for the first nine months of 2015, based on a third-party pro forma audit report on the Target Business; (ii) the shareholder loan of RMB88,000,000 in principal balance and RMB7,840,000 in interests; and (iii) the payment of RMB56,713,900 in cash after the sale of the 20.32% equity interests in AM Advertising, which consisted of 20% equity interests hold by the Group and 0.32% equity interests hold by Mr. Man Guo, and following the completion of the foregoing arrangements, our obligations with respect to the profit target for 2015, the earnout provision for the first nine months of 2015 and the shareholder loans between AM Advertising and AirMeia Shengshi shall be deem completed. According to the aforesaid MoU, after Linghang Shengshi, Mr. Guo and Mr. Xu transfer all the equity interest of AM Advertising, they will cease to be shareholders of AM Advertising and will not be able to continuously assume the obligations in connection with the profit commitment and earnout provision as a matter of fact. However, we cannot assure you that the Buyers will not bring up any claim with respect to the above arrangements and if there is any dispute or legal proceedings initiated, our business and financial position may be adversely affected. Receivable from AM Advertising and its subsidiaries balance amounted to $19,021 and $26,160 as of December 31, 2016 and 2017. As of December 31, 2016 and 2017, $3,499 and $3,734 of bad debt allowance was made for the receivable balance, respectively. The balance $26,160 as of December 31, 2017 will be deem settled if the MoU is effective.
[4]	As of December 31, 2016 and 2017, the bad debt allowance was $461 and $2,543, respectively.

OTHER CURRENT ASSETS, NET (Details) (Parenthetical)
$ in Thousands

5 Months Ended

Aug. 31, 2018

CNY (¥)

Aug. 23, 2018

CNY (¥)

Dec. 31, 2017

USD ($)

Dec. 31, 2016

USD ($)

Dec. 31, 2015

USD ($)

Loans to third parties

^[1]

$ 41,733

$ 17,080

Loans and Leases Receivable, Allowance

257

1,031

Am Advertising And Its Subsidiaries Current Assets

^[2]

26,160

23,550

Disposal Group, Including Discontinued Operation, Consideration

$ 324,183

Bad Debt Allowance Included in Other Prepaid Expense

2,543

461

Scenario, Forecast [Member]

Variable Interest Entity, Measure of Activity, Operating Income or Loss | ¥

¥ 152,000,000

Interest Expense, Debt | ¥

7,840,000

AM Advertising [Member]

Loans and Leases Receivable, Allowance

3,734

3,499

AM Advertising [Member] | Scenario, Forecast [Member]

Disposal Group, Including Discontinued Operation, Consideration | ¥

304,554,000

304,553,900

Proceeds from Sale of Cost Method Investments | ¥

¥ 56,714,000

¥ 56,713,900

Cost Method Investment,Sale of Ownership Percentage

20.32%

AM Advertising [Member] | Scenario, Forecast [Member] | AirMedia Group Inc [Member]

Cost Method Investment,Sale of Ownership Percentage

20.00%

AM Advertising [Member] | Scenario, Forecast [Member] | Mr. Man Guo [Member]

Cost Method Investment,Sale of Ownership Percentage

0.32%

Maximum [Member] | AM Advertising [Member] | AirMedia Group Inc [Member]

Cost Method Investment,Sale of Ownership Percentage

20.00%

Maximum [Member] | AM Advertising [Member] | Mr. Man Guo [Member]

Cost Method Investment,Sale of Ownership Percentage

0.32%

Third Parties Loan [Member]

Loans to third parties

41,733

17,080

Loans and Leases Receivable, Allowance

$ 40,748

$ 864

Third Parties Loan [Member] | Minimum [Member]

Debt instrument interest rate

4.35%

Third Parties Loan [Member] | Maximum [Member]

Debt instrument interest rate

8.00%

Shareholder Loan [Member] | Scenario, Forecast [Member]

Debt Instrument, Face Amount | ¥

¥ 88,000,000

[1]

[2]

ACQUIRED INTANGIBLE ASSETS, NET (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	$ 13,070	$ 12,258
Accumulated amortization	(11,009)	(9,839)
Accumulated impairment	(2,061)	(737)
Net carrying amount	0	1,682
Amortization expense	501	510	$ 505
Impairment of Intangible Assets (Excluding Goodwill)	1,228
Audio-vision programming and broadcasting qualification [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	213	200
Accumulated amortization	(37)	(35)
Accumulated impairment	(176)	(165)
Net carrying amount	0	0
Customer relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	735	689
Accumulated amortization	(735)	(689)
Accumulated impairment	0	0
Net carrying amount	0	0
Contract backlog [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	1,536	1,441
Accumulated amortization	(1,536)	(1,441)
Accumulated impairment	0	0
Net carrying amount	0	0
Concession agreements [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	10,404	9,758
Accumulated amortization	(8,529)	(7,513)
Accumulated impairment	(1,875)	(563)
Net carrying amount	0	1,682
Non-compete agreements [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	182	170
Accumulated amortization	(172)	(161)
Accumulated impairment	(10)	(9)
Net carrying amount	$ 0	$ 0

PROPERTY AND EQUIPMENT, NET (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Property, Plant and Equipment [Line Items]
Property and equipment	$ 115,179	$ 94,545
Less: impairment	(52,216)	(826)
Less: accumulated depreciation	(47,521)	(32,714)
Total property and equipment, net	15,442	61,005
Depreciation	11,547	12,461	$ 5,266
Impairment of Intangible Assets, Finite-lived	22,741	826	0
Impairment of Long-Lived Assets Held-for-use	(52,216)	(826)
Digital display network equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment	6,548	6,314
Gas station display network equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment	43,079	38,615
Software [Member]
Property, Plant and Equipment [Line Items]
Property and equipment	9,764	9,174
Computer and office equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment	3,264	2,828
Vehicle[Member]
Property, Plant and Equipment [Line Items]
Property and equipment	817	938
Leasehold improvement [Member]
Property, Plant and Equipment [Line Items]
Property and equipment	2,262	607
Furniture and fixture [Member]
Property, Plant and Equipment [Line Items]
Property and equipment	994	1,123
Wifi And Network Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment	36,431	27,719
Office property [Member]
Property, Plant and Equipment [Line Items]
Property and equipment	11,506	5,805
Construction in Progress [Member]
Property, Plant and Equipment [Line Items]
Property and equipment	514	1,422
Wifi Equipment [Member]
Property, Plant and Equipment [Line Items]
Less: impairment	26,727	0	0
Impairment of Long-Lived Assets Held-for-use	$ 26,727	$ 0	$ 0

PREPAID EQUIPMENT COST (Narrative) (Details) $ in Thousands	12 Months Ended
PREPAID EQUIPMENT COST (Narrative) (Details) $ in Thousands	Dec. 31, 2017 USD ($)	Dec. 31, 2016 USD ($)	Dec. 31, 2015	May 12, 2013 USD ($)	May 12, 2013 CNY (¥)
Schedule Of Prepaid Equipment Cost [Line Items]
Equity interest retained			28.57%
Prepaid equipment costs	$ 290	$ 16,200
Impairment Loss On Prepaid Equipment Cost	$ 16,646
Elec Tech [Member] \| Beijing GreatView Media Advertising Co., Ltd. [Member]
Schedule Of Prepaid Equipment Cost [Line Items]
Investment commitment				$ 104,000	¥ 640,000
Equity interest retained				21.27%	21.27%

LONG-TERM INVESTMENTS (Schedule of Equity Method Investments) (Details) - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2017

Dec. 31, 2016

Schedule of Equity Method Investments [Line Items]

Equity Method Investment, Other than Temporary Impairment

^[1]

$ (1,993)

$ 0

Amount

$ 19,625

$ 6,176

Beijing Eastern Media Corporation Ltd. ("BEMC") [Member]

Schedule of Equity Method Investments [Line Items]

Ownership percentage

^[2]

49.00%

Amount

^[2]

$ 1,618

$ 1,461

Lanmeihangbiao Tiandi Internet Investment Management (Beijing) Co., Ltd. ("LMHB") [Member]

Schedule of Equity Method Investments [Line Items]

Ownership percentage

^[3]

40.00%

Amount

^[3]

$ 223

$ 256

Beijing Hezhong Chuangjin Investment Co., Ltd. ("Hezhong Chuangjin") [Member]

Schedule of Equity Method Investments [Line Items]

Ownership percentage

^[1]

15.00%

Equity Method Investment, Other than Temporary Impairment

$ (1,919)

Amount

^[1]

$ 1,993

$ 1,944

Beijing Yuyue Film Culture Co., Ltd (“Yuyue Film”) [Member]

Schedule of Equity Method Investments [Line Items]

Ownership percentage

^[4]

25.00%

Amount

^[4]

$ 362

$ 432

Beijing Yunxing Chuangrong Investment Fund Management Co., Ltd (“Yunxing”) [Member]

Schedule of Equity Method Investments [Line Items]

Ownership percentage

^[5]

0.00%

50.00%

Amount

^[5]

$ 0

$ 2,083

Unicom AirMedia Beijing Network Co., Ltd. [Member]

Schedule of Equity Method Investments [Line Items]

Ownership percentage

^[6]

39.00%

0.00%

Amount

^[6]

$ 17,422

$ 0

[1]	In May 2015, AM Advertising, Beijing Financial Technology Investment Management Center (limited partnership), Beijing Hongdeshengzheng Investment Co., Ltd., and Beijing Hongyuan Zhixin Enterprise Management Consulting Co. Ltd. established Hezhong Chuangjin, which mainly focuses on internet financing. In July 2015, AM Advertising transferred its investment in Hezhong Chuangjin to AM Online, a subsidiary of the Group at carrying value. The investment was accounted for using the equity method of accounting as the Group has the ability to exercise significant influence to the operation of Hezhong Chuangjin. $59 and $78 loss on investment were picked up for the year ended December 31, 2016 and 2017, respectively. The operation has been ceased from December 2017, the investment has been provided fully impairment of $1,919 for the year ended December 31, 2016 and 2017, respectively.
[2]	In March 2008, the Group entered into a definitive agreement with China Eastern Media Corporation, Ltd., a subsidiary of China Eastern Group and China Eastern Airlines Corporation Limited operating the media resources of China Eastern Group, to establish a joint venture, BEMC. BEMC was incorporated on March 18, 2008 in the PRC with China Eastern Media Corporation and the Group holding 51% and 49% equity interest, respectively. BEMC obtained concession rights of certain media resources from China Eastern Group, including the digital TV screens on airplanes of China Eastern Airlines, and paid concession fees to its shareholders as consideration. The investment was accounted for using the equity method of accounting as the Group has the ability to exercise significant influence to the operation of BEMC. $198 and $57 gain on investment were picked up for the year ended December 31, 2016 and 2017, respectively.
[3]	In September 2015, AM Online entered into an agreement with BlueFocus wireless Internet (Beijing) Investment Management Co., Ltd. and two individual investors to establish a joint venture, LMHB. LMHB was incorporated on September 25, 2015. LMHB is mainly engaged in investment management of Wi-Fi platform marketing and other mobile internet industries. The investment was accounted for using the equity method of accounting as the Group has the ability to exercise significant influence to the operation of LMHB. $175 and $48 loss on investment were picked up for the year ended December 31, 2016 and 2017, respectively.
[4]	In June 2016, AM Film entered into an agreement with two individual investors to establish a joint venture, Yuyue Film. Yuyue Film is mainly engaged in investment management of film investment and marketing. The investment was accounted for using the equity method of accounting as the Group has the ability to exercise significant influence to the operation of Yuyue Film. Nil and $95 loss on investment were pick up for the year ended December 31, 2016 and 2017, respectively.
[5]	In February 2016, AM Online entered into an agreement with Haihang Wenhua Holding Group to invest in Yunxing. Yunxing was incorporated on December 17, 2013. Yunxing is mainly engaged in information technology investments in the Hainan Airline. The investment was accounted for using the equity method of accounting as the Group has the ability to exercise significant influence to the operation of Yunxing. In November 2016, AM Online transferred all the equity interest of Yunxing to Haihang Wenhua Holding Group with the consideration of $2,305, the equity interest registration was completed in March 2017. Proceed of $1,480 has been collected, nil and gain of $58 on investment were picked up for the year ended December 31, 2016 and 2017, respectively.
[6]	On February 22, 2017, AM Online established Unicom AirMedia, jointly with Unicom Broadband Online Co., Ltd., a wholly owned subsidiary of China Unicom, and Chengdu Haite Kairong Aeronautical Technology Co., Ltd., a wholly owned subsidiary of a listed company providing aeronautical technical services. Pursuant to a capital contribution agreement entered into by the relevant parties, AM Online invested approximately RMB117,900 in Unicom AirMedia. After this transaction, AM Online currently holds 39% of equity interests in Unicom AirMedia. The investment was accounted for using the equity method of accounting as the Group has the ability to exercise significant influence to the operation of Unicom AirMedia. $661 loss on investment was picked up for the years ended December 31, 2017.

LONG-TERM INVESTMENTS (Schedule of Equity Method Investments) (Details) (Parenthetical)
$ in Thousands

1 Months Ended

12 Months Ended

Nov. 30, 2016

USD ($)

Dec. 31, 2017

USD ($)

Dec. 31, 2016

USD ($)

Dec. 31, 2015

USD ($)

Feb. 22, 2017

CNY (¥)

Mar. 18, 2008

Schedule of Equity Method Investments [Line Items]

Impairment loss on equity method investments

^[1]

$ 1,993

$ 0

Business Combination, Consideration Transferred, Total

$ 200,685

Equity Method Investments

19,625

6,176

Beijing Eastern Media Corporation Ltd. (“BEMC “) [Member]

Schedule of Equity Method Investments [Line Items]

Gain (loss) on investment

198

Beijing Eastern Media Corporation Ltd. (“BEMC “) [Member] | Parent Company [Member]

Schedule of Equity Method Investments [Line Items]

Ownership percentage

49.00%

Beijing Eastern Media Corporation Ltd. (“BEMC “) [Member] | China Eastern Media Corporation [Member]

Schedule of Equity Method Investments [Line Items]

Ownership percentage

51.00%

Beijing Hezhong Chuangjin Investment Co., Ltd. ("Hezhong Chuangjin") [Member]

Schedule of Equity Method Investments [Line Items]

Gain (loss) on investment

$ (78)

$ (59)

Ownership percentage

^[1]

15.00%

Impairment loss on equity method investments

$ 1,919

Equity Method Investments

^[1]

1,993

1,944

Lanmeihangbiao Tiandi Internet Investment Management (Beijing) Co., Ltd. ("LMHB") [Member]

Schedule of Equity Method Investments [Line Items]

Gain (loss) on investment

(48)

(175)

Beijing Yuyue Film Culture Co., Ltd (“Yuyue Film”) [Member]

Schedule of Equity Method Investments [Line Items]

Gain (loss) on investment

(95)

Beijing Yunxing Chuangrong Investment Fund Management Co., Ltd (“Yunxing”) [Member]

Schedule of Equity Method Investments [Line Items]

Gain (loss) on investment

Business Combination, Consideration Transferred, Total

$ 2,305

Proceeds from Sale, Maturity and Collection of Investments

1,480

$ 1,480

Unicom AirMedia (Beijing) Network Co., Ltd. ("Unicom AirMedia") [Member]

Schedule of Equity Method Investments [Line Items]

Gain (loss) on investment

$ (661)

Ownership percentage

39.00%

Equity Method Investments | ¥

¥ 117,900

[1]

LONG-TERM INVESTMENTS (Schedule of Cost method investment) (Details) - USD ($)
$ in Thousands

Dec. 31, 2017

Dec. 31, 2016

Cost Method Investments, Fair Value Disclosure

$ 82,809

$ 77,685

Zhangshangtong Air Service (Beijing) Co., Ltd. ("Zhangshangtong") [Member]

Ownership percentage, cost method

^[1]

20.00%

Cost Method Investments, Fair Value Disclosure

^[1]

$ 415

$ 388

Qingdao Jinshi Zhixing Investment Centre LLP (“Qingdao Jinshi”) [Member]

Ownership percentage, cost method

^[2]

0.00%

3.00%

Cost Method Investments, Fair Value Disclosure

^[2]

$ 0

$ 22

Beijing Zhongjiao Huineng Information Technology Co., Ltd [Member]

Ownership percentage, cost method

^[3]

13.00%

Cost Method Investments, Fair Value Disclosure

^[3]

$ 577

$ 541

AM Advertising [Member]

Ownership percentage, cost method

20.00%

Cost Method Investments, Fair Value Disclosure

$ 81,817

$ 76,734

[1]	In June 2010, the Group acquired 20% equity interest in Zhangshangtong Air Service (Beijing) Co., Ltd. ("Zhangshangtong"), a company established in the PRC that is mainly engaged in air tickets agency services.
[2]	In January 2016, the Group acquired 3.35% equity interest in Qingdao Jinshi Zhixing Investment Centre LLP. ("Qingdao Jinshi "), a limited partnership established in the PRC that is mainly engaged in fund management and investment. The investment is disposed in year 2017. Proceed of $22 has been collected and gain/loss of nil has been incurred from the disposal for the year ended December 31, 2017.
[3]	In January 2016, the Group acquired 13.3% equity interest in Zhongjiao Huineng, a company established in the PRC that is mainly engaged in providing WIFI and GPS service to logistic industry.

LONG-TERM INVESTMENTS (Schedule of Cost method investment) (Details) (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Jan. 31, 2016	Jun. 30, 2010
Schedule of Investments [Line Items]
Impairment loss on cost method investments	$ 0	$ 0
Qingdao Jinshi Zhixing Investment Centre Co., Ltd [Member]
Schedule of Investments [Line Items]
Proceeds from Sale, Maturity and Collection of Investments	$ 22
Parent Company [Member] \| Zhangshangtong [Member]
Schedule of Investments [Line Items]
Ownership percentage, cost method				20.00%
Parent Company [Member] \| Qingdao Jinshi Zhixing Investment Centre Co., Ltd [Member]
Schedule of Investments [Line Items]
Ownership percentage, cost method			3.35%
Parent Company [Member] \| Beijing Zhongjiao Huineng Information Technology Co., Ltd [Member]
Schedule of Investments [Line Items]
Ownership percentage, cost method			13.30%

OTHER NON-CURRENT ASSETS (Details) - USD ($)
$ in Thousands

Dec. 31, 2017

Dec. 31, 2016

Investment in film and TV series

^[1]

$ 1,407

$ 1,854

Prepaid office space and leasehold improvement fees

^[2]

798

4,917

Other non-current assets

$ 2,205

$ 6,771

[1]	The Group enters into agreements with other investors to invest together on certain film and TV series, which are produced by other third parties, and shares profit of the invested films and TV series based on its investment as a percentage of the total investment for a film or TV series.
[2]	As the office spaces legal title had not been transferred to the Group, the prepaid amounts were recognized as other non-current assets as of December 31, 2016. All the prepaid office space fees as of December 31, 2016 have been transferred to property in 2017. The prepaid amounts mainly represented the prepaid platform service fee as of December 31, 2017.

LONG-TERM DEPOSITS (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Long Term Deposits [Line Items]
Concession fee deposits	$ 5,516	$ 5,547
Office rental deposits	523	880
Total long-term deposits	$ 6,039	$ 6,427

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES (Details) - USD ($)
$ in Thousands

Dec. 31, 2017

Dec. 31, 2016

Accrued payroll and welfare

$ 2,249

$ 2,848

Other tax payable

1,314

1,366

Accrued staff disbursement

1,460

1,447

Deposit payable

613

266

Accrued professional fees

166

290

Other current liabilities

868

1,288

Payable to non-controlling interest holders

135

Payable to AM Advertising and its subsidiaries

^[1]

5,566

25,956

Total accrued expenses and other current liabilities

$ 12,236

$ 33,596

[1]	The amounts due to AM Advertising and its subsidiaries mainly represent the concession fee payables for using concessions owned by AM Advertising and its subsidiaries, which will be settled while the MoU is effective.

INCOME TAXES (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
INCOME TAXES (Narrative) (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Income Taxes [Line Items]
PRC statutory tax rate	25.00%	25.00%	25.00%
Net operating loss carry forward	$ 220,456
Changes in valuation allowance	$ 28,815	$ 22,200	$ 9,276
PRC Enterprise Income Tax [Member]
Income Taxes [Line Items]
PRC statutory tax rate	25.00%
Chuangyi Technology [Member] \| PRC Enterprise Income Tax [Member]
Income Taxes [Line Items]
Preferential tax rate	15.00%	15.00%	15.00%
Xi'an Shengshi Dinghong Information Technology Co., Ltd. Xi'an Shengshi [Member] \| PRC Enterprise Income Tax [Member]
Income Taxes [Line Items]
Tax exempt period	2 years
Preferential tax rate		15.00%	15.00%	15.00%	12.50%	12.50%	12.50%
Effective Income Tax Rate Reconciliation, Percent	25.00%

INCOME TAXES (Schedule of Income Tax (Expenses)/Benefits) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Income tax expenses:
Current	$ 633	$ 50	$ 480
Deferred	0	4,433	5,941
Income tax expenses, Net	$ 633	$ 4,483	$ 6,421

INCOME TAXES (Schedule of Deferred Income Tax Assets and Liabilities) (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Deferred tax assets:
Allowance for doubtful accounts	$ 12,270	$ 4,083
Amortization of intangible assets and concession fees	1,163	1,606
Net operating loss carry forwards	51,769	30,697
Valuation allowance	(65,202)	(36,386)
Deferred tax assets - Non-current
Total deferred tax assets	0	0
Deferred tax liabilities:
Total deferred tax liabilities	0	0
Deferred Tax Assets, Net	$ 0	$ 0

INCOME TAXES (Schedule of Reconciliation of Effective Income Tax Rate) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Net loss before provision for income taxes	$ (175,945)	$ (84,726)	$ (74,202)
PRC statutory tax rate	25.00%	25.00%	25.00%
Income tax at statutory tax rate	$ (43,986)	$ (21,182)	$ (18,551)
Expenses not deductible for tax purpose
Entertainment expenses exceeded the tax limit	91	158	300
Tax effect of impairment loss on property and equipment and intangible assets	12,539	0	0
Tax effect of other permanent differences	1,831	1,681	330
Changes in valuation allowance	28,815	22,200	9,276
Effect of preferential tax rates granted to PRC entities	670	642	14,404
Effect of income tax rate difference in other jurisdictions	673	984	662
Income tax expenses	$ 633	$ 4,483	$ 6,421
Effective tax rates	(0.40%)	(5.30%)	(8.70%)

NET INCOME (LOSS) PER SHARE (Details) - USD ($)
$ / shares in Units, $ in Thousands

12 Months Ended

Dec. 31, 2017

Dec. 31, 2016

Dec. 31, 2015

Numerator:

Net income (loss) attributable to AirMedia Group Inc.'s ordinary shareholders

$ (156,476)

$ (65,625)

$ 149,647

- Continuing operations

(156,476)

(65,625)

(70,651)

- Discontinued operations

$ 0

$ 220,298

Weighted average ordinary shares outstanding used in computing net income (loss) per ordinary share

- basic

125,629,779

125,277,056

121,740,194

- diluted

125,629,779

125,277,056

129,372,158

Basic

Continuing operations

125,629,779

125,277,056

121,740,194

Discontinued operations

121,740,194

Diluted

Continuing operations

^[1]

125,629,779

125,277,056

121,740,194

Discontinued operations

^[2]

129,372,158

Net (loss) income per ordinary share

-basic

$ (1.25)

$ (0.52)

$ 1.23

-diluted

(1.25)

(0.52)

1.16

Net (loss) income per ordinary share from continuing operations

-basic

(1.25)

(0.52)

(0.58)

-diluted

(1.25)

(0.52)

(0.58)

Net income per ordinary share from discontinued operations

-basic

1.81

-diluted

$ 0

$ 1.7

[1]	The effect of options was excluded from the computation of diluted loss per share from continuing operations for the years ended December 31, 2015, 2016 and 2017, respectively, as the effect would be anti-dilutive.
[2]	An incremental weighted average number of 7,631,964, nil and nil ordinary shares from assumed exercise of share option were included in computing the diluted income per share for the discontinued operations for the years ended December 31, 2015, 2016 and 2017, respectively.

NET INCOME (LOSS) PER SHARE (Details) (Parenthetical) - shares	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Incremental weighted average shares from assumed exercise of share option	7,631,964	0	0

SHARE BASED PAYMENTS (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands													1 Months Ended							12 Months Ended
	Jul. 10, 2016	Mar. 10, 2016	Feb. 12, 2016	May 12, 2015	May 12, 2015	Aug. 01, 2014	Jun. 09, 2014	Jun. 01, 2014	Sep. 01, 2012	Jun. 07, 2011	Jul. 10, 2009	Jul. 02, 2007	Dec. 31, 2015	Oct. 31, 2015	Jun. 30, 2014	Aug. 23, 2011	Mar. 22, 2011	Nov. 29, 2007	Jul. 20, 2007	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Nov. 30, 2012	Mar. 18, 2011	Dec. 29, 2008
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options vested and expected to vest																				5,860,255
Share-based compensation expense																				$ 343	$ 773	$ 567
Intrinsic value of options exercised during the period																				0	1,928	7,039
Fair value of options vested																				0	694	$ 649
Unrecognized compensation cost																				$ 0	$ 390
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition																				0 years	6 months
Non Employee Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted						50,000
2012 stock incentive plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized																								6,000,000
Options granted						140,000		2,376,620						50,000
Exercise price						$ 1.045		$ 1.025
Expiration date of options	Dec. 31, 2016	Dec. 31, 2016												Jan. 31, 2016
Contract life						5 years
Granted, Weighted average grant-date fair value	$ 0.38	$ 1.67
Options vested and expected to vest														20,830
AllocatedShareBasedCompensationExpense																					$ 79
Options cancelled														29,170
Stock Issued During Period, Shares, Share-based Compensation, Gross	2,139,918	685,000
2012 stock incentive plan [Member] \| Nonemployee Consultant [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
AllocatedShareBasedCompensationExpense																					$ 179
2012 stock incentive plan [Member] \| Non Employee Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted				660,000	100,000										200,000
Exercise price				$ 1.675
Options vested and expected to vest				16,664	16,664
2012 stock incentive plan [Member] \| Two Consultants [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted				200,000
Exercise price			$ 1.12
Expiration date of options			Jan. 31, 2016
Options vested													3,332
Options cancelled			83,336										150,002
Unvested options			$ 166,668
2012 stock incentive plan [Member] \| Consultants [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted				100,000
2007 stock incentive plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized												12,000,000														17,000,000
Options granted									1,857,538
Exercise price									$ 0.72
Contract life									5 years
Granted, Weighted average grant-date fair value							$ 0.25
2007 stock incentive plan [Member] \| Options Granted on July 2009 [Member] \| Exercise Price $1.15 Per Share [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise price							1.15
Granted, Weighted average grant-date fair value							0.22
AllocatedShareBasedCompensationExpense																							$ 686
2007 stock incentive plan [Member] \| Options Granted on July 2009 [Member] \| Exercise Price $1.57 Per Share [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise price							1.57
Granted, Weighted average grant-date fair value							$ 0.12
AllocatedShareBasedCompensationExpense																							5
2007 stock incentive plan [Member] \| Options Granted on November 2012 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
AllocatedShareBasedCompensationExpense																							$ 4
2007 and 2011 stock incentive plans [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted																	2,180,000
Exercise price										$ 1.57						$ 1.57	$ 2.3
Granted, Weighted average grant-date fair value										$ 0.75							$ 0.53
AllocatedShareBasedCompensationExpense										$ 314
2011 stock incentive plan [Member] [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized																									2,000,000
Exercise price																$ 1.15
Granted, Weighted average grant-date fair value											$ 0.39	$ 0.21						$ 0.26	$ 0.22
AllocatedShareBasedCompensationExpense																$ 1,259
Share-based compensation expense																$ 950
2011 stock incentive plan [Member] [Member] \| Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Contract life																	5 years
2011 stock incentive plan [Member] [Member] \| Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Contract life																	10 years

SHARE BASED PAYMENTS (Schedule of Stock Option Activities) (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
Number of options
Options outstanding as of January 1, 2017	7,710,176
Exercised	0
Forfeited or expired	(1,841,648)
Options outstanding as of December 31, 2017	5,868,528	7,710,176
Options vested and expected to vest as of December 31, 2017	5,860,255
Options exercisable as of December 31, 2017	5,839,190
Weighted average exercise price per option
Outstanding at beginning of the year	$ 1.15
Exercised	0
Forfeited or expired	0
Outstanding at end of the year	1.15	$ 1.15
Options vested and expected to vest as of December 31, 2017	1.15
Options exercisable as of December 31, 2017	1.15
Weighted average grant-date fair value
Outstanding at the beginning of the year	1.05
Exercised	0
Forfeited or expired	0
Outstanding end of the year	1.05	$ 1.05
Options vested and expected to vest as of December 31, 2017	1.05
Options exercisable as of December 31, 2017	$ 1.12
Weighted average remaining contractual terms
Outstanding	9 months	1 year 6 months 25 days
Options vested and expected to vest	9 months
Options exercisable	9 months
Aggregate intrinsic value
Outstanding as of December 31, 2017	$ 0	$ 1,552
Options vested and expected to vest as of December 31, 2017	0
Options exercisable as of December 31, 2017	$ 0

FAIR VALUE MEASUREMENT (Details) - USD ($) $ in Thousands	12 Months Ended
FAIR VALUE MEASUREMENT (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Impairment of Intangible Assets, Finite-lived	$ 22,741	$ 826	$ 0

SHARE REPURCHASE PLAN (Details) - USD ($) $ in Thousands	12 Months Ended
SHARE REPURCHASE PLAN (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016	Sep. 26, 2012	Mar. 21, 2011
Class of Stock [Line Items]
ADSs authorized for repurchase			$ 40,000	$ 20,000
Number of ADSs repurchased	6,532,429
Shares repurchased, amount	$ 17,400
Shares cancelled, shares	2,190,685
Treasury stock, Number of ADSs	4,341,744
Number of ADSs reissued	3,325,605	3,325,605

MAINLAND CHINA CONTRIBUTION PLAN (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Contribution to employee benefits	$ 3,256	$ 4,029	$ 2,202

STATUTORY RESERVES (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Provision for Statutory Reserves	$ 0	$ 0	$ 17,542
Description Of General Reserve Limit On Registered Capital	Once the general reserve is accumulated to 50% of the subsidiaries' registered capital
Minimum [Member]
Percentage Of Appropriation To Reserve	10.00%

RESTRICTED NET ASSETS (Narrative) (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Restricted net assets	$ 376,835	$ 342,860
Restricted assets attributable to VIEs	159,565	138,496
Statutory reserves	$ 217,270	$ 204,364

COMMITMENTS (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
COMMITMENTS (Narrative) (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Commitments [Line Items]
Rent expense	$ 2,854	$ 1,988	$ 1,507
Concession fees	$ 18,156	$ 17,264	$ 64,752

COMMITMENTS (Schedule of Future Minimum Rental Lease Payments) (Details) - Rental lease payments [Member] $ in Thousands	Dec. 31, 2017 USD ($)
2018	$ 2,494
2019	401
2020	138
2021	35
Total	$ 3,068

COMMITMENTS (Schedule of Future Minimum Concession Fee Payments) (Details) - Concession fee payments [Member] $ in Thousands	Dec. 31, 2017 USD ($)
2018	$ 25,935
2019	22,529
2020	21,448
2021	2,160
2022	2,225
Total	$ 74,297

CONTINGENT LIABILITIES (Narrative) (Details) $ in Thousands		5 Months Ended		12 Months Ended
CONTINGENT LIABILITIES (Narrative) (Details) $ in Thousands	Dec. 04, 2015 CNY (¥)	Aug. 31, 2018 CNY (¥)	Aug. 23, 2018 CNY (¥)	Dec. 31, 2017 USD ($)	Dec. 31, 2016 USD ($)	Dec. 31, 2015 USD ($)	Jun. 29, 2016
Equity interest retained						28.57%
Contingent Liability \| $				$ 23,549	$ 23,549
Proceeds from Sale of Equity Method Investments \| $				$ 1,502	$ 3,014	$ 0
Disposal Group, Including Discontinued Operation, Consideration \| $						$ 324,183
Scenario, Forecast [Member]
Variable Interest Entity, Measure of Activity, Operating Income or Loss		¥ 152,000,000	¥ 152,000,000
Interest Expense, Debt		7,840,000	7,840,000
Scenario, Forecast [Member] \| Shareholder Loan [Member]
Debt Instrument, Face Amount		88,000,000	88,000,000
Linghang Shengshi SPA [Member]
Percentage Of Interest Transferred	8.20%
Proceeds from Sale of Equity Method Investments	¥ 82,000,000
AM Advertising [Member] \| Scenario, Forecast [Member]
Disposal Group, Including Discontinued Operation, Consideration		304,554,000	304,553,900
Proceeds from Sale of Cost Method Investments		¥ 56,714,000	¥ 56,713,900
Cost Method Investment, Sale of Ownership Percentage		20.32%	20.32%
AM Advertising [Member] \| Scenario, Forecast [Member] \| AirMedia Group Inc [Member]
Cost Method Investment, Sale of Ownership Percentage		20.00%
AM Advertising [Member] \| Scenario, Forecast [Member] \| Mr. Man Guo [Member]
Cost Method Investment, Sale of Ownership Percentage		0.32%
AM Advertising [Member] \| Longde Wenchuang the Buyer [Member]
Equity interest retained							28.57%
AM Advertising [Member] \| Linghang Shengshi [Member]
Equity interest retained							24.84%
AM Advertising [Member] \| Culture Center [Member]
Equity interest retained							46.43%
AM Advertising [Member] \| Shanghai Golden Bridge InfoTech Co., Ltd. [Member]
Equity interest retained							75.00%

RELATED PARTY TRANSACTIONS (Schedule of Amount Due from Related Parties) (Details) - USD ($)
$ in Thousands

Dec. 31, 2017

Dec. 31, 2016

Amount due from related parties-trading

$ 2,251

$ 835

Mr. Qing Xu [Member]

Amount due from related parties-trading

^[1]

968

835

AirMedia Holding Ltd [Member]

Amount due from related parties-trading

^[2]

540

AirMedia Merger Company Ltd [Member]

Amount due from related parties-trading

^[2]

665

Mrs. Li Hong [Member]

Amount due from related parties-trading

^[2]

Wealthy Environment Limited [Member]

Amount due from related parties-trading

^[2]

Global Earning Pacific Ltd. [Member]

Amount due from related parties-trading

^[2]

Mrs. Guo Rong [Member]

Amount due from related parties-trading

^[2]

$ 14

$ 0

[1]	The amounts due from Mr. Qing Xu represents interest free advances to the related party for personal purpose, which would violate Sarbanes-Oxley Act section 402 due to the lack of internal control in term of related party borrowings, however, all the balance has been collected at May 2018, there was no gain or loss upon settlement.
[2]	The amounts represent interest free advances to the related parties in a short term basis for operation purpose.

RELATED PARTY TRANSACTIONS (Schedule of Revenues and Purchases) (Details) - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2017

Dec. 31, 2016

Dec. 31, 2015

Revenues earned from

$ 0

$ 280

Concession cost purchase from related party

144

AM Advertising [Member]

Revenues earned from

^[1]

Concession cost purchase from related party

^[1]

142

AM Jinshi [Member]

Revenues earned from

^[1]

278

Concession cost purchase from related party

^[1]

$ 0

$ 2

[1]	Entities in continuing operations sold some concession in certain airports to discontinued operation. Also continuing operations purchased some concession in certain airports from discontinued operation after the disposal.

SUBSEQUENT EVENTS (Narrative) (Details) $ in Thousands	1 Months Ended			5 Months Ended
SUBSEQUENT EVENTS (Narrative) (Details) $ in Thousands	May 24, 2018 USD ($)	May 24, 2018 CNY (¥)	Mar. 28, 2018 USD ($)	Aug. 31, 2018 CNY (¥)	Aug. 23, 2018 CNY (¥)	Jul. 09, 2018 CNY (¥)	Dec. 31, 2017	Dec. 31, 2015 USD ($)
Subsequent Event [Line Items]
Disposal Group, Including Discontinued Operation, Consideration \| $								$ 324,183
Scenario, Forecast [Member]
Subsequent Event [Line Items]
Equity interest percentage	40.00%	40.00%
Variable Interest Entity, Measure of Activity, Operating Income or Loss				¥ 152,000,000	¥ 152,000,000
Interest Expense, Debt				7,840,000	7,840,000
Scenario, Forecast [Member] \| AM Advertising [Member]
Subsequent Event [Line Items]
Disposal Group, Including Discontinued Operation, Consideration				304,554,000	304,553,900
Proceeds from Sale of Cost Method Investments				¥ 56,714,000	¥ 56,713,900
Cost Method Investment,Sale of Ownership Percentage				20.32%	20.32%
Scenario, Forecast [Member] \| AM Advertising [Member] \| Mr. Man Guo [Member]
Subsequent Event [Line Items]
Cost Method Investment,Sale of Ownership Percentage				0.32%
Scenario, Forecast [Member] \| AM Advertising [Member] \| AirMedia Group Inc [Member]
Subsequent Event [Line Items]
Cost Method Investment,Sale of Ownership Percentage				20.00%
Scenario, Forecast [Member] \| Shareholder Loan [Member]
Subsequent Event [Line Items]
Debt Instrument, Face Amount				¥ 88,000,000	¥ 88,000,000
Beijing Dahangfeng Culture Advertising Co Ltd [Member] \| Scenario, Forecast [Member]
Subsequent Event [Line Items]
Registered Capital	$ 154	¥ 1,000
Maximum [Member]
Subsequent Event [Line Items]
Equity interest percentage							50.00%
Maximum [Member] \| AM Advertising [Member] \| Mr. Man Guo [Member]
Subsequent Event [Line Items]
Cost Method Investment,Sale of Ownership Percentage				0.32%
Maximum [Member] \| AM Advertising [Member] \| AirMedia Group Inc [Member]
Subsequent Event [Line Items]
Cost Method Investment,Sale of Ownership Percentage				20.00%
American Depositary Shares [Member] \| Maximum [Member]
Subsequent Event [Line Items]
Proceeds from Issuance of Common Stock \| $			$ 5,000
SenseGain Asset Management Co Ltd [Member]
Subsequent Event [Line Items]
Investments to be Received						¥ 150,000

ADDITIONAL INFORMATION-FINANCIAL STATEMENT (Schedule of Parent Company Balance Sheets) (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Current assets
Cash and cash equivalents	$ 15,355	$ 117,547	$ 86,960
Other current assets	59,825	68,850
Total current assets	98,592	205,244
Non-current assets
TOTAL ASSETS	225,002	381,190
Current liabilities
Accrued expenses and other current liabilities	12,236	33,596
Total liabilities	101,323	114,593
Equity
Ordinary Shares ($0.001 par value; 900,000,000 shares authorized in 2016 and 2017; 127,662,057 shares and 127,662,057 shares issued as of December 31, 2016 and 2017; 125,629,779 shares and 125,629,779 shares outstanding as of December 31, 2016 and 2017, respectively)	128	128
Additional paid-in capital	286,739	287,094
Treasury stock (2,032,278 and 2,032,278 shares as of December 31, 2016 and 2017, respectively)	(2,351)	(2,351)
Accumulated deficits	(172,318)	(15,842)
Accumulated other comprehensive (loss) income	35,451	(292)
Total equity	123,679	266,597	397,633	$ 268,872
TOTAL LIABILITIES AND EQUITY	225,002	381,190
Parent Company [Member]
Current assets
Cash and cash equivalents	89	139	332	2,029
Amount due from subsidiaries	145,850	178,083
Other current assets	1,919	3,825
Total current assets	147,858	182,047
Non-current assets
Investments in subsidiaries	0	86,896
TOTAL ASSETS	147,858	268,943
Current liabilities
Accrued expenses and other current liabilities	209	206
Total liabilities	209	206
Equity
Ordinary Shares ($0.001 par value; 900,000,000 shares authorized in 2016 and 2017; 127,662,057 shares and 127,662,057 shares issued as of December 31, 2016 and 2017; 125,629,779 shares and 125,629,779 shares outstanding as of December 31, 2016 and 2017, respectively)	128	128
Additional paid-in capital	286,739	287,094
Treasury stock (2,032,278 and 2,032,278 shares as of December 31, 2016 and 2017, respectively)	(2,351)	(2,351)
Accumulated deficits	(172,318)	(15,842)
Accumulated other comprehensive (loss) income	35,451	(292)
Total equity	147,649	268,737	$ 386,568	$ 248,736
TOTAL LIABILITIES AND EQUITY	$ 147,858	$ 268,943

ADDITIONAL INFORMATION-FINANCIAL STATEMENT (Schedule of Parent Company Balance Sheets) (Details) (Parenthetical) - $ / shares	Dec. 31, 2017	Dec. 31, 2016
Common stock, par value per share	$ 0.001	$ 0.001
Common stock, shares authorized	900,000,000	900,000,000
Common stock, shares issued	127,662,057	127,662,057
Common stock, shares outstanding	125,629,779	125,629,779
Treasury stock, shares	2,032,278	2,032,278

ADDITIONAL INFORMATION-FINANCIAL STATEMENT (Schedule of Parent Company Statements of Operations) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Operating expenses
Selling and marketing	$ (12,747)	$ (12,056)	$ (9,611)
General and administrative	(63,507)	(44,401)	(27,102)
Total operating expenses	(143,596)	(57,283)	(36,713)
Other income (loss), net	214	4,243	1,383
Parent Company [Member]
Operating expenses
Selling and marketing	0	(8)	0
General and administrative	(468)	(2,356)	(2,070)
Total operating expenses	(468)	(2,364)	(2,070)
Other income (loss), net	(5)	548	0
Investment income (loss) in subsidiaries	(156,003)	(63,809)	151,717
Net income (loss) attributable to holders of ordinary shares	$ (156,476)	$ (65,625)	$ 149,647

ADDITIONAL INFORMATION-FINANCIAL STATEMENT (Schedule of Parent Company Statements of Comprehensive (Loss)/Income) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Other comprehensive (loss) income, net of tax:
Change in cumulative foreign currency translation adjustment	$ 35,716	$ (24,140)	$ (11,478)
Comprehensive income (loss) attributable to Parent Company	(120,733)	(88,845)	138,760
Parent Company [Member]
Condensed Financial Statements, Captions [Line Items]
Net income (loss)	(156,476)	(65,625)	149,647
Other comprehensive (loss) income, net of tax:
Change in cumulative foreign currency translation adjustment	35,743	(23,220)	(10,887)
Comprehensive income (loss) attributable to Parent Company	$ (120,733)	$ (88,845)	$ 138,760

ADDITIONAL INFORMATION-FINANCIAL STATEMENT (Schedule of Parent Company Statements of Changes in Equity) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Condensed Financial Statements, Captions [Line Items]
Beginning Balance	$ 266,597	$ 397,633	$ 268,872
Ordinary shares issued for share based compensation			4,825
Stock option exercised, shares	0
Stock option exercised		1,334
Share-based compensation	$ 343	773	598
Foreign currency translation adjustment	35,716	(24,140)	(11,478)
Net (loss)	(179,181)	(89,242)	142,912
Acquisition of equity interests from non-controlling interests shareholders	(1,414)	(30,956)	(8,518)
Capital contribution from non-controlling interests	1,863	11,195	1,313
Capital contribution to Guangzhou Meizheng			0
Ending Balance	$ 123,679	$ 266,597	$ 397,633
Ordinary shares [Member]
Condensed Financial Statements, Captions [Line Items]
Beginning Balance, shares	125,629,779	124,395,645	119,942,413
Beginning Balance	$ 128	$ 128	$ 128
Ordinary shares issued for share based compensation, shares			4,453,232
Ordinary shares issued for share based compensation			$ 0
Stock option exercised, shares		1,234,134
Stock option exercised		$ 0
Share-based compensation	0	0	0
Foreign currency translation adjustment	0	0	0
Net (loss)	0	0	0
Acquisition of equity interests from non-controlling interests shareholders	0	0	0
Capital contribution from non-controlling interests	$ 0	$ 0	0
Capital contribution to Guangzhou Meizheng			$ 0
Ending Balance, shares	125,629,779	125,629,779	124,395,645
Ending Balance	$ 128	$ 128	$ 128
Additional paid-in capital [Member]
Condensed Financial Statements, Captions [Line Items]
Beginning Balance	287,094	317,414	323,167
Ordinary shares issued for share based compensation			0
Stock option exercised		0
Share-based compensation	343	773	598
Foreign currency translation adjustment	0	0	0
Net (loss)	0	0	0
Acquisition of equity interests from non-controlling interests shareholders	(1,414)	(34,570)	(6,163)
Capital contribution from non-controlling interests	716	3,477	271
Capital contribution to Guangzhou Meizheng			(459)
Ending Balance	286,739	287,094	317,414
Treasury stock [Member]
Condensed Financial Statements, Captions [Line Items]
Beginning Balance	(2,351)	(3,778)	(9,236)
Ordinary shares issued for share based compensation			5,458
Stock option exercised		1,427
Share-based compensation	0	0	0
Foreign currency translation adjustment	0	0	0
Net (loss)	0	0	0
Acquisition of equity interests from non-controlling interests shareholders	0	0	0
Capital contribution from non-controlling interests	0	0	0
Capital contribution to Guangzhou Meizheng			0
Ending Balance	(2,351)	(2,351)	(3,778)
(Accumulated deficits) retained earnings [Member]
Condensed Financial Statements, Captions [Line Items]
Beginning Balance	(15,842)	49,876	(99,138)
Ordinary shares issued for share based compensation			(633)
Stock option exercised		(93)
Share-based compensation	0	0	0
Foreign currency translation adjustment	0	0	0
Net (loss)	(156,476)	(65,625)	149,647
Acquisition of equity interests from non-controlling interests shareholders	0	0	0
Capital contribution from non-controlling interests	0	0	0
Capital contribution to Guangzhou Meizheng			0
Ending Balance	(172,318)	(15,842)	49,876
Accumulated other comprehensive Income (loss) [Member]
Condensed Financial Statements, Captions [Line Items]
Beginning Balance	(292)	22,928	33,815
Ordinary shares issued for share based compensation			0
Stock option exercised		0
Share-based compensation	0	0	0
Foreign currency translation adjustment	35,743	(23,220)	(10,887)
Net (loss)	0	0	0
Acquisition of equity interests from non-controlling interests shareholders	0	0	0
Capital contribution from non-controlling interests	0	0	0
Capital contribution to Guangzhou Meizheng			0
Ending Balance	35,451	(292)	22,928
Parent Company [Member]
Condensed Financial Statements, Captions [Line Items]
Beginning Balance	268,737	386,568	248,736
Ordinary shares issued for share based compensation			4,825
Stock option exercised		1,334
Share-based compensation	343	773	598
Foreign currency translation adjustment	35,743	(23,220)	(10,887)
Net (loss)	(156,476)	(65,625)	149,647
Acquisition of equity interests from non-controlling interests shareholders	(1,414)	(34,570)
Capital contribution from non-controlling interests	716	3,477	271
Capital contribution to Guangzhou Meizheng			(459)
Acquisition of non-controlling interests			(6,163)
Ending Balance	$ 147,649	$ 268,737	$ 386,568
Parent Company [Member] \| Ordinary shares [Member]
Condensed Financial Statements, Captions [Line Items]
Beginning Balance, shares	125,629,779	124,395,645	119,942,413
Beginning Balance	$ 128	$ 128	$ 128
Ordinary shares issued for share based compensation, shares			4,453,232
Ordinary shares issued for share based compensation			$ 0
Stock option exercised, shares		1,234,134
Stock option exercised		$ 0
Share-based compensation	0	0	0
Foreign currency translation adjustment	0	0	0
Net (loss)	0	0	0
Acquisition of equity interests from non-controlling interests shareholders	0	0
Capital contribution from non-controlling interests	$ 0	$ 0	0
Capital contribution to Guangzhou Meizheng			0
Acquisition of non-controlling interests			$ 0
Ending Balance, shares	125,629,779	125,629,779	124,395,645
Ending Balance	$ 128	$ 128	$ 128
Parent Company [Member] \| Additional paid-in capital [Member]
Condensed Financial Statements, Captions [Line Items]
Beginning Balance	287,094	317,414	323,167
Stock option exercised		0
Share-based compensation	343	773	598
Foreign currency translation adjustment	0	0	0
Net (loss)	0	0	0
Acquisition of equity interests from non-controlling interests shareholders	(1,414)	(34,570)
Capital contribution from non-controlling interests	716	3,477	271
Capital contribution to Guangzhou Meizheng			(459)
Acquisition of non-controlling interests			(6,163)
Ending Balance	286,739	287,094	317,414
Parent Company [Member] \| Treasury stock [Member]
Condensed Financial Statements, Captions [Line Items]
Beginning Balance	(2,351)	(3,778)	(9,236)
Ordinary shares issued for share based compensation			5,458
Stock option exercised		1,427
Share-based compensation	0	0	0
Foreign currency translation adjustment	0	0	0
Net (loss)	0	0	0
Acquisition of equity interests from non-controlling interests shareholders	0	0
Capital contribution from non-controlling interests	0	0	0
Capital contribution to Guangzhou Meizheng			0
Acquisition of non-controlling interests			0
Ending Balance	(2,351)	(2,351)	(3,778)
Parent Company [Member] \| (Accumulated deficits) retained earnings [Member]
Condensed Financial Statements, Captions [Line Items]
Beginning Balance	(15,842)	49,876	(99,138)
Ordinary shares issued for share based compensation			(663)
Stock option exercised		(93)
Share-based compensation	0	0	0
Foreign currency translation adjustment	0	0	0
Net (loss)	(156,476)	(65,625)	149,647
Acquisition of equity interests from non-controlling interests shareholders	0	0
Capital contribution from non-controlling interests	0	0	0
Capital contribution to Guangzhou Meizheng			0
Acquisition of non-controlling interests			0
Ending Balance	(172,318)	(15,842)	49,876
Parent Company [Member] \| Accumulated other comprehensive Income (loss) [Member]
Condensed Financial Statements, Captions [Line Items]
Beginning Balance	(292)	22,928	33,815
Ordinary shares issued for share based compensation			0
Stock option exercised		0
Share-based compensation	0	0	0
Foreign currency translation adjustment	35,743	(23,220)	(10,887)
Net (loss)	0	0	0
Acquisition of equity interests from non-controlling interests shareholders	0	0
Capital contribution from non-controlling interests	0	0	0
Capital contribution to Guangzhou Meizheng			0
Acquisition of non-controlling interests			0
Ending Balance	$ 35,451	$ (292)	$ 22,928

ADDITIONAL INFORMATION-FINANCIAL STATEMENT (Schedule of Parent Company Statements of Cash Flows) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES
Net income (loss)	$ (179,181)	$ (89,242)	$ 142,912
Share-based compensation	343	773	567
CHANGES IN WORKING CAPITAL ACCOUNTS
Other current assets	(821)	(5,369)	(16,045)
Accrued expenses and other current liabilities	(920)	2,030	(6,762)
Amount due to subsidiaries	0	(15,023)	12,803
Amount due from subsidiaries	(1,310)	1,813	(4,873)
Net cash (used in) operating activities	(58,570)	(103,610)	(28,036)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from exercises of stock options	0	1,334	4,826
Net cash provided by financing activities.	874	11,130	2,141
Cash and cash equivalents, at beginning of year	117,547	86,960
Cash, cash equivalents and restricted cash, at end of year	15,355	117,547	86,960
Parent Company [Member]
CASH FLOWS FROM OPERATING ACTIVITIES
Net income (loss)	(156,476)	(65,625)	149,647
Investment loss (income) in subsidiaries	156,003	63,809	(151,717)
Share-based compensation	343	773	598
CHANGES IN WORKING CAPITAL ACCOUNTS
Other current assets	1,907	(2,456)	(813)
Accrued expenses and other current liabilities	3	(47)	169
Amount due to subsidiaries	(2,024)	483	(3,135)
Amount due from subsidiaries	194	1,536	(1,272)
Net cash (used in) operating activities	(50)	(1,527)	(6,523)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from exercises of stock options	0	1,334	4,826
Net cash provided by financing activities.	0	1,334	4,826
Net increase (decrease) in cash	(50)	(193)	(1,697)
Cash and cash equivalents, at beginning of year	139	332	2,029
Cash, cash equivalents and restricted cash, at end of year	$ 89	$ 139	$ 332