View Filing Data

Print Document View Excel Document

Document and Entity Information	12 Months Ended
Document and Entity Information	Dec. 31, 2013 shares
Document And Entity Information [Abstract]
Document Type	20-F
Amendment Flag	false
Document Period End Date	Dec. 31, 2013
Entity Registrant Name	AIRMEDIA GROUP INC.
Entity Central Index Key	0001413745
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2013
Entity Common Stock, Shares Outstanding	119,134,135
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Accelerated Filer

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2013	Dec. 31, 2012
Current assets:
Cash	$ 59,652	$ 73,634
Restricted cash	10,366	8,026
Short-term investment	42,949	44,622
Accounts receivable, net of allowance for doubtful accounts of $4,609 and $7,221 as of December 31, 2012 and 2013, respectively	107,529	101,222
Notes receivable	1,901
Prepaid concession fees	29,307	20,759
Amount due from related parties	187	1,310
Other current assets	20,437	9,788
Deferred tax assets - current	2,776	2,064
Total current assets	275,104	261,425
Property and equipment, net	36,084	45,930
Prepaid equipment costs	49,415
Long-term investments	7,829	4,337
Long-term deposits	20,497	22,307
Deferred tax assets - non-current	11,755	8,347
Acquired intangible assets, net	1,446	1,521
Other non-current assets	661
TOTAL ASSETS	402,791	343,867
Current liabilities:
Accounts payable (including accounts payable of the consolidated variable interest entities without recourse to AirMedia Group Inc. $71,045 and $75,182 as of December 31, 2012 and 2013, respectively)	81,157	72,895
Accrued expenses and other current liabilities (including accrued expenses and other current liabilities of the consolidated variable interest entities without recourse to AirMedia Group Inc. $8,716 and $8,016 as of December 31, 2012 and 2013, respectively)	10,883	10,999
Deferred revenue (including deferred revenue of the consolidated variable interest entities without recourse to AirMedia Group Inc. $18,596 and $17,374 as of December 31, 2012 and 2013, respectively)	17,380	18,602
Income tax payable (including income tax payable of the consolidated variable interest entities without recourse to AirMedia Group Inc. $169 and $455 as of December 31, 2012 and 2013, respectively)	1,667	1,109
Amounts due to related parties (including amounts due to related parties of the consolidated variable interest entities without recourse to AirMedia Group Inc. $447 and nil as of December 31, 2012 and 2013, respectively)		447
Total current liabilities	111,087	104,052
Non-current liabilities:
Deferred tax liabilities - non-current (including deferred tax liabilities - non-current of the consolidated variable interest entities without recourse to AirMedia Group Inc. $380 and $361 as of December 31, 2012 and 2013, respectively)	361	380
Total liabilities	111,448	104,432
Commitments and contingencies (Note 22 and Note 23)
Equity
Ordinary shares ($0.001 par value; 900,000,000 shares authorized in 2012 and 2013; 127,662,057 shares and 127,662,057 shares issued as of December 31, 2012 and 2013, respectively; 122,112,485 shares and 119,134,135 shares outstanding as of December 31, 2012 and 2013, respectively)	128	128
Additional paid-in capital	313,912	278,652
Treasury stock (5,549,572 and 8,527,922 shares as of December 31, 2012 and 2013, respectively)	(9,860)	(7,035)
Statutory reserves	10,968	10,144
Accumulated deficits	(84,411)	(72,961)
Accumulated other comprehensive income	40,229	32,948
Total AirMedia Group Inc.'s shareholders' equity	270,966	241,876
Noncontrolling interests	20,377	(2,441)
Total equity	291,343	239,435
TOTAL LIABILITIES AND EQUITY	$ 402,791	$ 343,867

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2013	Dec. 31, 2012
Accounts receivable, allowance for doubtful accounts	$ 7,221	$ 4,609
Accounts payable	81,157	72,895
Accrued expenses and other current liabilities	10,883	10,999
Deferred revenue	17,380	18,602
Income tax payable	1,667	1,109
Amount due to related parties		447
Non-current deferred tax liability	$ 361	$ 380
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	119,134,135	122,112,485
Treasury stock, shares	8,527,922	5,549,572
The consolidated variable interest entities without recourse to Air Media Group Inc. [Member]
Accounts payable	$ 75,182	$ 71,045
Accrued expenses and other current liabilities	8,016	8,716
Deferred revenue	17,374	18,596
Income tax payable	455	169
Amount due to related parties		447
Non-current deferred tax liability	$ 361	$ 380

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

12 Months Ended

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2011

CONSOLIDATED STATEMENTS OF OPERATIONS [Abstract]

Revenues

$ 276,516

$ 292,965

$ 277,821

Business tax and other sales tax

(4,250)

(6,223)

(7,197)

Net revenues

272,266

286,742

270,624

Cost of revenues

244,673

250,606

244,470

Gross profit

27,593

36,136

26,154

Operating expenses:

Selling and marketing (including share-based compensation of $1,422, $859 and nil in 2011, 2012 and 2013, respectively)

20,069

17,995

18,238

General and administrative (including share-based compensation of $3,192, $2,643 and $1,251 in 2011, 2012 and 2013, respectively)

25,723

21,842

22,004

Impairment of intangible assets

9,583

656

Impairment of goodwill

20,611

1,003

Total operating expenses

45,792

70,031

41,901

Loss from operations

(18,199)

(33,895)

(15,747)

Interest income

1,213

1,355

1,242

Other income, net

3,822

2,770

1,848

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

(13,164)

(29,770)

(12,657)

Income tax (expenses)/benefits

1,713

(2,493)

(266)

Loss before share of loss on equity method investments

(11,451)

(32,263)

(12,923)

Share of income/(loss) on equity method investments

(69)

243

Net loss

(11,520)

(32,241)

(12,680)

Less: Net income/(loss) attributable to noncontrolling interests

(894)

487

(3,084)

Net loss attributable to AirMedia Group Inc.'s shareholders

$ (10,626)

$ (32,728)

$ (9,596)

Net loss attributable to AirMedia Group Inc.'s shareholders per ordinary share - basic

$ (0.09)

$ (0.26)

$ (0.07)

Net loss attributable to AirMedia Group Inc.'s shareholders per ordinary share - diluted

$ (0.09)

$ (0.26)

$ (0.07)

Weighted average shares used in calculating net loss per ordinary share - basic

120,386,635

124,269,245

129,537,955

Weighted average shares used in calculating net loss per ordinary share - diluted

^[1]

120,386,635

124,269,245

129,537,955

[1]

The Group had securities outstanding which could potentially dilute basic net loss per share, but which were excluded from the computation of diluted net loss per share for the years ended December 31, 2011, 2012 and 2013, as their effects would have been anti-dilutive. For the year 2011, 2012 and 2013, such outstanding securities consisted of weighted average share options of 15,269,198, 15,747,929 and 15,694,086, respectively.

CONSOLIDATED STATEMENTS OF OPERATIONS (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Selling and Marketing Expense [Member]
Share-based compensation		$ 859	$ 1,422
General and Administrative Expense [Member]
Share-based compensation	$ 1,251	$ 2,643	$ 3,192

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME/(LOSS) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME/(LOSS) [Abstract]
Net loss	$ (11,520)	$ (32,241)	$ (12,680)
Other comprehensive income, net of tax:
Change in cumulative foreign currency translation adjustment	7,582	2,144	12,327
Comprehensive loss	(3,938)	(30,097)	(353)
Less: comprehensive (loss)/income attributable to non-controlling interest	(593)	417	(3,138)
Comprehensive income/(loss) attributable to AirMedia Group Inc.'s shareholders	$ (3,345)	$ (30,514)	$ 2,785

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($) $ in Thousands	Total	Ordinary shares [Member]	Ordinary shares [Member]	Additional paid-in capital [Member]	Treasury stock [Member]	Statutory reserves [Member]	Accumulated deficits [Member]	Accumulated other comprehensive income [Member]	Total AirMedia Group Inc.'s shareholders' equity [Member]	Noncontrolling interests [Member]
Beginning Balance, shares at Dec. 31, 2010		131,905,011
Beginning Balance at Dec. 31, 2010	$ 276,716	$ 132		$ 277,676		$ 7,671	$ (28,164)	$ 18,353	$ 275,668	$ 1,048
Ordinary shares issued for share based compensation, shares		138,416
Ordinary shares issued for share based compensation	229			229					229
Share repurchase, shares		(4,381,370)
Share repurchase	(7,373)	$ (4)		(7,369)					(7,373)
Share repurchase as treasury stock, shares			(2,414,460)
Share repurchase as treasury stock	(3,775)				(3,775)				(3,775)
Provision for statutory reserve						378	(378)
Stock-based compensation	4,614			4,614					4,614
Foreign currency translation adjustment	12,327							12,381	12,381	(54)
Net loss	(12,680)						(9,596)		(9,596)	(3,084)
Ending Balance, shares at Dec. 31, 2011		125,247,597
Ending Balance at Dec. 31, 2011	270,058	$ 128		275,150	(3,775)	8,049	(38,138)	30,734	272,148	(2,090)
Ordinary shares issued for share based compensation, shares		137,166
Ordinary shares issued for share based compensation	161				161				161
Share repurchase as treasury stock, shares			(3,272,278)
Share repurchase as treasury stock	(3,421)				(3,421)				(3,421)
Provision for statutory reserve						2,095	(2,095)
Stock-based compensation	3,502			3,502					3,502
Foreign currency translation adjustment	2,144							2,214	2,214	(70)
Net loss	(32,241)						(32,728)		(32,728)	487
Dividends payable to minority shareholders of Flying Dragon	(768)									(768)
Ending Balance, shares at Dec. 31, 2012		122,112,485
Ending Balance at Dec. 31, 2012	239,435	$ 128		278,652	(7,035)	10,144	(72,961)	32,948	241,876	(2,441)
Ordinary shares issued for share based compensation, shares		18,400
Ordinary shares issued for share based compensation	21				21				21
Share repurchase as treasury stock, shares			(2,996,750)
Share repurchase as treasury stock	(2,846)				(2,846)				(2,846)
Provision for statutory reserve						824	(824)
Stock-based compensation	1,251			1,251					1,251
Foreign currency translation adjustment	7,582							7,281	7,281	301
Net loss	(11,520)						(10,626)		(10,626)	(894)
Capital contribution from non-controlling interests	60,209			39,825					39,825	20,384
Acquisition of non-controlling interests	(2,789)			(5,816)					(5,816)	3,027
Ending Balance, shares at Dec. 31, 2013		119,134,135
Ending Balance at Dec. 31, 2013	$ 291,343	$ 128		$ 313,912	$ (9,860)	$ 10,968	$ (84,411)	$ 40,229	$ 270,966	$ 20,377

CONSOLIDATED STATMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (11,520)	$ (32,241)	$ (12,680)
Adjustments to reconcile net loss to net cash provided by operating activities:
Allowance for doubtful accounts	2,439	1,242	2,044
Depreciation and amortization	21,862	24,033	25,138
Share-based compensation	1,251	3,502	4,614
Share of (loss)/income on equity method investments	69	(22)	(243)
Loss on disposal of property and equipment	964	1,192	4,380
Impairment loss of loan receivable from a third party	1,562
Gain on sale/maturity of short-term investments	(1,888)	(2,023)	(1,040)
Impairment of intangible assets		9,583	656
Impairment of goodwill		20,611	1,003
Changes in assets and liabilities that provide (use) cash:
Accounts receivable	(9,147)	(8,609)	(28,728)
Notes receivable	(1,874)
Prepaid concession fees	(7,830)	2,358	10,178
Other current assets	(3,945)	(3,147)	(3,705)
Long-term deposits	2,425	(7,033)	(499)
Other non-current assets	(651)
Amount due from related parties	1,144	(1,148)	169
Accounts payable	12,083	8,269	18,734
Accrued expenses and other current liabilities	217	(1,397)	1,555
Deferred revenue	(2,716)	6,586	(1,805)
Amount due to related parties	(454)
Deferred tax assets (liabilities), net	(3,972)	(1,831)	(1,319)
Income tax payable	518	305	(520)
Net cash provided by operating activities	537	20,230	17,932
CASH FLOWS FROM INVESTING ACTIVITIES:
Payment for contingent consideration in connection with a business combination			(2,966)
Purchase of property and equipment	(13,096)	(9,287)	(4,186)
Prepaid equipment costs	(56,996)
Proceeds from disposal of property and equipment	30	127	172
Net amount received (paid) upon settlement of short-term investment	4,769	(42,464)	1,040
Dividend received from equity method investee	686
Restricted cash	(2,076)	(1,580)	748
Purchase of long-term investments	(4,112)	(2,223)
Loan receivable from a third party	329	(1,579)
Net cash used in investing activities	(70,466)	(57,006)	(5,192)
CASH FLOWS FROM FINANCING ACTIVITIES:
Share repurchase			(7,373)
Cash paid for treasury stock	(2,846)	(3,421)	(3,775)
Capital contribution from non-controlling interests	59,438
Acquisition of non-controlling interests	(1,627)
Dividend paid to non-controlling interests	(675)
Proceeds from options exercised	21	161	229
Net cash (used in) provided by financing activities	54,311	(3,260)	(10,919)
Effect of exchange rate changes	1,636	936	4,408
Net increase/(decrease) in cash	(13,982)	(39,100)	6,229
Cash, at beginning of year	73,634	112,734	106,505
Cash, at end of year	59,652	73,634	112,734
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Income tax paid	2,728	4,016	2,105
Fair value of property, equipment and other assets acquired in exchange of advertising services rendered	50,305	1,987	2,823
SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITIES:
Payable for purchase of property and equipment	3,561	5,679	5,251
Dividend payable to non-controlling interests		$ 663

ORGANIZATION AND PRINCIPAL ACTIVITIES

12 Months Ended

Dec. 31, 2013

ORGANIZATION AND PRINCIPAL ACTIVITIES [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").

As of December 31, 2013, details of the Company's subsidiaries, VIEs and VIEs' subsidiaries are as follows:

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

Intermediate Holding Company:
Broad Cosmos Enterprises Ltd.	June 26, 2006	British Virgin Islands ("BVI")		100	%

AirMedia International Limited ("AM International")	July 14, 2007	BVI		100	%

AirMedia (China) Limited ("AM China")	August 5, 2005	Hong Kong		100	%

Excel Lead International Limited ("Excel Lead")	August 1, 2008	BVI		100	%

Dominant City Ltd. ("Dominant City")	July 1, 2009	BVI		100	%

Easy Shop Ltd. ("Easy Shop")	January 1, 2010	BVI		100	%

Glorious Star Investment Limited ("Glorious Star")	August 1, 2008	Hong Kong		100	%

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

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

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

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

AirMedia Group Co., Ltd. (Formerly Beijing AirMedia Advertising Co., Ltd.) ("AM Advertising")	November 22, 2005	the PRC		N/A

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

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

VIEs' subsidiaries:
AirTV United Media & Culture Co., Ltd. ("AirTV United")	October 10, 2006	the PRC		N/A

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

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

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

Beijing Weimei Lianhe Advertising Co., Ltd. ("Weimei Lianhe")	March 10, 2009	the PRC		N/A

Hainan Jinhui Guangming Media Advertising Co., Ltd. ("Hainan Jinhui")	June 23, 2009	the PRC		N/A

Beijing AirMedia Jiaming Film & TV Culture Co., Ltd. (Formerly Beijing Youtong Hezhong Advertising Media Co., Ltd.) ("AM Jiaming")	July 1, 2009	the PRC		N/A

Beijing AirMedia Advertising Co., Ltd. (Formly Beijing AirMedia Jinshi Advertising Co., Ltd.) ("AM Jinshi")	July 7, 2009	the PRC		N/A

Tianjin AirMedia Jinshi Advertising Co., Ltd. ("TJ Jinshi")	September 8, 2009	the PRC		N/A

Tianjin AirMedia Advertising Co., Ltd. ("TJ AM")	September 21, 2009	the PRC		N/A

AirMedia City (Beijing) Outdoor Advertising Co., Ltd. ("AM Outdoor")	January 1, 2010	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

Beijing AirMedia Jinsheng Advertising Co., Ltd. ("AM Jinsheng")	April 28, 2011	the PRC		N/A

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

Beijing AirMedia Tianyi Advertising Co., Ltd. ("AM Tianyi")	September 25, 2013	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, AM China, the 100% shareholder of AM Technology and Xi'an AM, has been engaged in the advertising business in Hong Kong since September 2008. Since it has operated as an advertising business for more than three years, AM China and its subsidiaries may apply for the required licenses to provide advertising services in China.

The Group conducts substantially all of its activities through VIEs, i.e. Shengshi Lianhe, AM Advertising, AirMedia UC and AM Yuehang, and the VIEs' subsidiaries. The VIEs have entered into the following series of agreements with AM Technology:

Technology support and service agreement: AM Technology provides exclusive technology support and consulting services to the VIEs and in return, the VIEs are required to pay AM Technology service fees. The VIEs pay to AM Technology annual service fees in the amount that guarantee that the VIEs can achieve, after deducting such service fees payable to AM Technology, a net cost-plus rate of no less than 0.5% in the case of AM Advertising, Shengshi Lianhe and AirMedia UC, or 1.0% in the case of AM Yuehang, which final rate should be determined by AM 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 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 AM Technology to provide technology development services. AM Technology owns the intellectual property rights developed in the performance of these agreements. The VIEs pay to AM Technology annual service fees in the amount that guarantee that the VIEs can achieve, after deducting such service fees payable to AM Technology, a net cost-plus rate of no less than 0.5% in the case of AM Advertising, Shengshi Lianhe and AirMedia UC, which final rate should be determined by AM 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 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.

Call option agreement: Under the call option agreements, the shareholders of VIEs irrevocably grant AM 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. In addition, AM Technology will act as guarantor of VIEs in all operation related contracts, agreements and transactions and commit to provide loans to support the business development needs of VIEs or when the VIEs are suffering operating difficulties provided that the relevant VIEs' shareholders satisfy the terms and conditions in the call option agreements. Based on PRC law to provide an effective guarantee, a guarantor needs to execute a specific written agreement with the beneficiary of the guarantee. As AM 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 AM Technology as a guarantor of the VIEs' performance obligations. The absence of the written guarantee agreement did not obviate the Group's conclusion that it is the primary beneficiary of the VIEs and in turn should consolidate the VIEs. The term of call option agreement shall be terminated after AM Technology exercises the call option over all VIEs' equity pursuant to the provisions of the agreements.

Equity pledge agreement: Under the equity pledge agreements, the shareholders of the VIEs pledged all of their equity interests, including the right to receive declared dividends, in the VIEs to AM Technology to guarantee VIEs' performance of its obligations under the technology support and service agreement and the technology development agreement. The agreement is effective for as long as the technology support and service agreements and technology development agreement are effective.

Authorization letter: Each shareholder of the VIEs has executed an authorization letter to authorize AM 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. Such authorization letters will remain effective during the operating periods of the VIEs. The authorization is effective unless the relevant call option agreements which the VIEs entered into terminated.

Through the above contractual arrangements, AM 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 can receive substantially all of the net income of the VIEs through the technical support and service fees. Accordingly, the Group has consolidated the VIEs because, through AM Technology, it has (1) the power to direct the activities of the VIEs that most significantly affect its economic performance and (2) the right to receive substantially all of the benefits that could be potentially significant to the VIEs.

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 AM 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:

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

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

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

requiring 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, AM 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,
	2012		2013

Total current assets	$	201,088	$	208,255
Total non-current assets		27,499		108,677

Total assets		228,587		316,932

Total current liabilities		98,973		101,027
Total non-current liabilities		380		361

Total liabilities	$	99,353	$	101,388

	For the years ended December 31,
	2011			2012			2013

Net revenues	$	268,866		$	286,641		$	271,536
Net loss		(2,543	)		(31,771	)		(13,552	)
Net cash provided by (used in) operating activities		5,251			(8,587	)		8,132
Net cash used in investing activities		(538	)		(7,700	)		(70,653	)
Net cash provided by financing activities		-			-			58,763

The following financial statement information for AirMedia's non - 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,
	2012		2013

Total current assets	$	60,337	$	66,849
Total non-current assets		54,943		19,010

Total assets		115,280		85,859

Total current liabilities		5,079		10,060

Total liabilities	$	5,079	$	10,060

	For the years ended December 31,
	2011			2012			2013

Net revenues	$	1,758		$	101		$	730
Net (loss)/income		(10,137	)		(470	)		2,032
Net cash provided by (used in) operating activities		12,681			28,817			(15,877	)
Net cash (used in) provided by investing activities		(4,654	)		(49,306	)		6,842
Net cash used in financing activities		(10,919	)		(3,260	)		(2,825	)

The VIEs contributed an aggregate of 99.4%, 100% and 99.7% of the consolidated net revenues for the years ended December 31, 2011, 2012 and 2013, respectively. As of December 31, 2012 and 2013, the VIEs accounted for an aggregate of 66.5% and 78.7%, respectively, of the consolidated total assets, and 95.1% and 91.0%, respectively, of the consolidated total liabilities. The assets not associated with the VIEs primarily consist of cash and cash equivalent, short-term investments and property and equipment.

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.

- Definition

The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 275
-SubTopic 10
-URI http://asc.fasb.org/subtopic&trid=2134480

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 852
-SubTopic 10
-URI http://asc.fasb.org/subtopic&trid=2209116

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-URI http://asc.fasb.org/subtopic&trid=2197480

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 10
-URI http://asc.fasb.org/subtopic&trid=2122150

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=28200181&loc=SL6228881-111685

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 272
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6373374&loc=d3e70478-108055

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 720
-SubTopic 15
-URI http://asc.fasb.org/subtopic&trid=2122524

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 915
-SubTopic 235
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6472506&loc=d3e38932-110933

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 10
-Section 45
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=7668296&loc=d3e288-107754

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6367646&loc=d3e18780-107790

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=18733093&loc=d3e5614-111684

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6359566&loc=d3e326-107755

+ Details

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

12 Months Ended

Dec. 31, 2013

SUMMARY OF SIGNIFICANT 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 the accounting principles generally accepted in the United States of America ("US GAAP").

(b)

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.

(c)

Use of estimates

The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and revenue and expenses in the financial statements 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 goodwill, impairment of long-lived assets, stock-based compensation, and valuation allowance for deferred tax assets. Actual results could differ from those estimates.

(d)

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: the Group's limited operating history; advances and trends in new technologies and industry standards; competition from other competitors; regulatory or other PRC related factors; 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 advertising industry.

(e)

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. 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.

(f)

Fair value of financial instruments

The Group's financial instruments include cash, restricted cash, accounts receivable, notes receivable, short-term investment, amounts due from related parties, accounts payable, and amounts due to related parties. 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, 2012 and 2013.

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

(g)

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.

(h)

Restricted cash

Restricted cash represents the bank deposits in escrow accounts as the performance security for certain concession right agreements.

(i)

Short-term investment

Short-term investments comprise marketable debt securities, which are classified as held-to-maturity as the Group has the positive intent and ability to hold the securities to maturity. All of the Group's held-to-maturity securities are stated at their amortized costs and classified as short-term investments on the consolidated balance sheets based on their contractual maturity dates which are less than one year.

The Group reviews its short-term investments for other-than-temporary impairment based on the specific identification method. The Group considers available quantitative and qualitative evidence in evaluating potential impairment of its short-term investments. If the cost of an investment exceeds the investment's fair value, the Group considers, among other factors, general market conditions, government economic plans, the duration and the extent to which the fair value of the investment is less than the cost, and the Group's intent and ability to hold the investment, in determining if impairment is needed.

(j)

Property and equipment

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

Digital display network equipment	5 years
Gas station display network equipment	5 years
Furniture and fixture	5 years
Computer and office equipment	3-5 years
Vehicle	5 years
Software	5 years
Property	50 years
Leasehold improvement	Shorter of the term of the lease
	or the estimated useful lives of the assets

(k)

Impairment of long-lived assets and intangible assets with definite life

The Group evaluates the recoverability of its long-lived assets, including intangible assets with definite life, whenever events or changes in circumstances indicate that the carrying amount of an asset may no longer be recoverable. When these events occur, the Group measures impairment by comparing the carrying value of the long-lived assets to the estimated undiscounted future cash flows expected to result from the use of the assets and their eventual disposition. If the sum of the expected undiscounted cash flow is less than the carrying amount of the assets, the Group would recognize an impairment loss based on the excess of carrying amount over the fair value of the assets.

(l)

Impairment of goodwill

The Group annually, or more frequently if the Group believes indicators of impairment exist, reviews the carrying value of goodwill to determine whether impairment may exist.

Specifically, goodwill impairment is determined using a two-step process. The first step compares the fair value of each reporting unit to its carrying amount, including goodwill. If the fair value of each reporting unit exceeds its carrying amount, goodwill is not considered to be impaired and the second step will not be required. If the carrying amount of a reporting unit exceeds its fair value, the second step compares the implied fair value of the affected reporting unit's goodwill to the carrying value of that goodwill. The implied fair value of goodwill is determined in a manner similar to accounting for a business combination with the allocation of the assessed fair value determined in the first step to the assets and liabilities of the reporting unit. The excess of the fair value of the reporting unit over the amounts assigned to the assets and liabilities is the implied fair value of goodwill. An impairment loss is recognized for any excess in the carrying value of goodwill over the implied fair value of goodwill. Estimating fair value is performed by utilizing various valuation techniques, with the primary technique being a discounted cash flow.

(m)

Long-term investments

Equity method investments

Investee companies over which the Company 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 Company 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.

(n)

Business combinations

Business combinations are recorded using the acquisition method of accounting. The assets acquired, the liabilities assumed, and any non-controlling interest of the acquiree at the acquisition date, if any, are measured at their fair values as of that date. Goodwill is recognized and measured as the excess of the total consideration transferred plus the fair value of any non-controlling interest of the acquiree, if any, at the acquisition date over the fair values of the identifiable net assets acquired.

Where the consideration in an acquisition includes contingent consideration, the payment of which depends on the achievement of certain specified conditions post-acquisition, the contingent consideration is recognized and measured at its fair value at the acquisition date and if recorded as a liability, it is subsequently carried at fair value with changes in fair value reflected in earnings.

(o)

Acquired intangible assets

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

TV program license	20 years
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

(p)

Revenue recognition

The Group's revenues are derived from selling advertising time slots on the Group's advertising networks, primarily air travel advertising network. For the years ended December 31, 2011, 2012 and 2013, the advertising revenues were generated from digital frames in airports, digital TV screens in airports, digital TV screens on airlines, traditional media in airports, gas station media network and other media.

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 specified locations 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, except 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.

Deferred revenue

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

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 $2,823, $1,287 and $656 for the years ended December 31, 2011, 2012 and 2013, respectively. No direct costs are attributable to the revenues.

(q)

Value Added Tax ("VAT")

The Company's PRC subsidiaries are subject to value-added tax 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 under 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. Such VAT pilot program is to be phased in 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. For the years ended December 31, 2012 and 2013, gross revenue is presented net of $8,785 and $21,524 of VAT, respectively.

(r)

Business tax and other sale related taxes

The Group's PRC subsidiaries and VIEs are subject to business tax and other sale related taxes at the rate of 8.5% on revenues other than those subject to VAT after deduction of certain costs of revenues permitted by the PRC tax laws.

(s)

Concession fees

The Group enters concession right agreements with vendors such as airports, airlines 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 and airlines are fixed with escalation, which means 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 and 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 base on negotiation with the petroleum company.

(t)

Agency fees

The Group pays fees to advertising agencies based on 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. During the years ended December 31, 2011, 2012 and 2013, reversals in cost of sales as a result of renegotiated agency fees amounted to nil, $6,407, and $3,329, respectively.

(u)

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.

(v)

Advertising costs

The Group expenses advertising costs as incurred. Total advertising expenses were $288, $767 and $1,039 for the years ended December 31, 2011, 2012 and 2013, respectively, and have been included as part of selling and marketing expenses.

(w)

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.

(x)

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 position.

(y)

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.

(z)

Comprehensive income/(loss)

Comprehensive income/(loss) includes net income/(loss) and foreign currency translation adjustments and is presented net of tax, the amount of which is nil for the three years ended December 31, 2013 in the consolidated statements of comprehensive income/(loss).

(aa)

Allowance of doubtful accounts

The Group conducts credit evaluations of clients and generally do 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.

(bb)

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.

The Group conducts credit evaluations of customers and generally do not require collateral or other security from their customers. The Group establishes an allowance for doubtful accounts primarily based upon the age of the receivables and factors relevant to determining the credit risk of specific customers. The amount of receivables ultimately not collected by the Group has generally been consistent with management's expectations and the allowance established for doubtful accounts.

Details of the customers accounting for 10% or more of total revenues are as follow:

Customer	For the years ended December 31,
	2011			2012			2013

A		6.9	%		11.2	%		6.7	%

Details of the customers accounting for 10% or more of accounts receivable are as follow:

Customer	As of December 31,
	2012			2013

B		7.9	%		10.4	%
C		15.3	%		5.4	%

(cc)

Net loss per share

Basic net loss per share are computed by dividing net loss attributable to holders of ordinary shares by the weighted average number of ordinary shares outstanding during the year. Diluted net loss reflects the potential dilution that could occur if securities or other contracts to issue ordinary shares (common stock options and warrants and their equivalents using the treasury stock method) 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.

(dd)

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. The recognized government subsidies as other income are $268, $210 and $1,395 for the years ended December 31, 2011, 2012 and 2013, respectively.

(ee)

Recent issued accounting standards adopted

In February 2013, the FASB issued an authoritative pronouncement related to reporting of amounts reclassified out of accumulated other comprehensive income, to improve the transparency of reporting these reclassifications. Other comprehensive income includes gains and losses that are initially excluded from net income for an accounting period. Those gains and losses are later reclassified out of accumulated other comprehensive income into net income. The amendments in this ASU do not change the current requirements for reporting net income or other comprehensive income in financial statements. All of the information that this ASU requires already is required to be disclosed elsewhere in the financial statements under US GAAP.

The new amendments will require an organization to:

•

Present (either on the face of the statement where net income is presented or in the notes) the effects on the line items of net income of significant amounts reclassified out of accumulated other comprehensive income-but only if the item reclassified is required under US GAAP to be reclassified to net income in its entirety in the same reporting period.

•

Cross-reference to other disclosures currently required under US GAAP for other reclassification items (that are not required under US GAAP) to be reclassified directly to net income in their entirety in the same reporting period. This would be the case when a portion of the amount reclassified out of accumulated other comprehensive income is initially transferred to a balance sheet account (e.g., inventory for pension-related amounts) instead of directly to income or expense.

The amendments apply to all public and private companies that report items of other comprehensive income. Public companies are required to comply with these amendments for all reporting periods (interim and annual). The amendments are effective for reporting periods beginning after December 15, 2012, for public companies. Early adoption is permitted. The Group adopted this pronouncement on January 1, 2013 which did not have a significant impact on its consolidated financial statements.

(ff)

Recent issued accounting standards not yet adopted

In March 2013, the FASB issued an authoritative pronouncement related to parent's accounting for the cumulative translation adjustment upon derecognition of certain subsidiaries or groups of assets within a foreign entity or of an investment in a foreign entity. When a reporting entity (parent) ceases to have a controlling financial interest in a subsidiary or group of assets that is a nonprofit activity or a business (other than a sale of in substance real estate or conveyance of oil and gas mineral rights) within a foreign entity, the parent is required to release any related cumulative translation adjustment into net income. Accordingly, the cumulative translation adjustment should be released into net income only if the sale or transfer results in the complete or substantially complete liquidation of the foreign entity in which the subsidiary or group of assets had resided.

For an equity method investment that is a foreign entity, the partial sale guidance still applies. As such, a pro rata portion of the cumulative translation adjustment should be released into net income upon a partial sale of such an equity method investment. However, this treatment does not apply to an equity method investment that is not a foreign entity. In those instances, the cumulative translation adjustment is released into net income only if the partial sale represents a complete or substantially complete liquidation of the foreign entity that contains the equity method investment.

Additionally, the amendments in this pronouncement clarify that the sale of an investment in a foreign entity includes both: (1) events that result in the loss of a controlling financial interest in a foreign entity (i.e., irrespective of any retained investment); and (2) events that result in an acquirer obtaining control of an acquiree in which it held an equity interest immediately before the acquisition date (sometimes also referred to as a step acquisition). Accordingly, the accumulative translation adjustment should be released into net income upon the occurrence of those events.

The amendments in this pronouncement are effective prospectively for fiscal years (and interim reporting periods within those years) beginning after December 15, 2013. The amendments should be applied prospectively to derecognition events occurring after the effective date. Prior periods should not be adjusted. Early adoption is permitted. If an entity elects to early adopt the amendments, it should apply them as of the beginning of the entity's fiscal year of adoption. The Group does not expect the adoption of this guidance will have a significant effect on its consolidated financial statements.

In July 2013, the FASB issued a pronouncement which provides guidance on financial statement presentation of an unrecognized tax benefits when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists. The FASB's objective in issuing this Accounting Standards Updates ("ASU") is to eliminate diversity in practice resulting from a lack of guidance on this topic in current US GAAP.

The amendments in this ASU state that an unrecognized tax benefit, or a portion of an unrecognized tax benefit, should be presented in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward, except as follows. To the extent a net operating loss carryforward, a similar tax loss, or a tax credit carryforward is not available at the reporting date under the tax law of the applicable jurisdiction to settle any additional income taxes that would result from the disallowance of a tax position or the tax law of the applicable jurisdiction does not require the entity to use, and the entity does not intend to use, the deferred tax asset for such purpose, the unrecognized tax benefit should be presented in the financial statements as a liability and should not be combined with deferred tax assets.

This ASU applies to all entities that have unrecognized tax benefits when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists at the reporting date. The amendments in this ASU are effective for fiscal years, and interim periods within those years, beginning after December 15, 2013. Early adoption is permitted. The amendments should be applied prospectively to all unrecognized tax benefits that exist at the effective date. Retrospective application is permitted. The Group does not expect the adoption of this guidance will have a significant effect on its consolidated financial statements.

SEGMENT INFORMATION AND REVENUE ANALYSIS

12 Months Ended

Dec. 31, 2013

SEGMENT INFORMATION AND REVENUE ANALYSIS [Abstract]

SEGMENT INFORMATION AND REVENUE ANALYSIS

3.	SEGMENT INFORMATION AND REVENUE ANALYSIS

The Group is mainly engaged in selling advertising time slots on their network, primarily air travel advertising 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. The Group has internal reporting that does not distinguish between markets or segments.

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,
	2011		2012		2013

Revenues:
Air Travel Media Network:
Digital frames in airports	$	126,539	$	137,342	$	152,346
Digital TV screens in airports		21,937		13,731		14,110
Digital TV screens on airplanes		26,734		26,612		16,160
Traditional media in airports		73,535		83,478		64,845
Other revenues in air travel		6,416		7,346		9,183
Gas Station Media Network		12,873		14,217		12,726
Other Media		9,787		10,239		7,146
	$	277,821	$	292,965	$	276,516

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 34
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 33
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 26
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 35
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 42
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 29
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599

+ Details

SHORT-TERM INVESTMENTS

12 Months Ended

Dec. 31, 2013

SHORT-TERM INVESTMENTS [Abstract]

SHORT-TERM INVESTMENTS

4.	SHORT-TERM INVESTMENTS

Short-term investments consist of various fixed-income financial products purchased from Chinese banks and trusts and are classified as held-to-maturity securities and carried at amortized costs. The maturity dates range from 7 days to less than one year, with interest rates ranging from 2.0% to 6.0%. The held-to-maturity securities are not allowed to be redeemed early before its maturity. The repayment of these financial products is guaranteed by the issuing bank. The carrying amount of the held-to-maturity securities of $ 42,949 approximated their fair values due to its credit ratings and its short-term nature, all of which have a maturity date within one-year.

LONG-TERM INVESTMENTS

12 Months Ended

Dec. 31, 2013

LONG-TERM INVESTMENTS [Abstract]

LONG-TERM INVESTMENTS

5.	LONG-TERM INVESTMENTS

(a)

Equity method investments

The Group had the following equity method investments:

	As of December 31,
	2012				2013
			Carrying				Carrying
Name of company	Percentage		value		Percentage		value
	%				%

Beijing Eastern Media Corporation, Ltd. ("BEMC") (1)		49	$	2,063		49	$	1,743
Beijing Shibo Movie Technology Co., Ltd. ("Shibo Movie") (2)		50	$	612		50		455
Beijing Xinghe Union Media Co., Ltd. ("Xinghe Union") (2)		50	$	604		50		370
Guangxi Dingyuan Meida Ltd. ("Guangxi Dingyuan") (3)		40	$	658		40		718
Zhejiang AirMedia Guangying Film & TV Production Co., Ltd. ("AM Guangying") (4)		-		-		48		1,652
Beijing Yunxing Chuangrong Investment Fund Management Co., Ltd. ("Yunxing Chuangrong") (5)		-		-		50		2,478
			$	3,937			$	7,416

(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 total paid-in capital of BEMC was $2,119, which was contributed by both parties proportionately. In September 2013, BEMC distributed dividend of $1,401, in which $686 was distributed and paid to the Group.

The investment was accounted for using the equity method of accounting as the Group has the ability to exercise the significant influence to the operation of BEMC.

(2)

On February 15, 2012 and March 13, 2012, the Group and Beijing N-S Digital TV Co., Ltd. ("N-S Digital TV") established two joint ventures, Shibo Movie and Xinghe Union, respectively. The registered capital of Shibo Movie and Xinghe Union was $1,558 each. The Group and N-S Digital TV each contributed $794, representing 50% of the equity interest in each Shibo Movie and Xinghe Union. Shibo Movie is engaged in movie technology development and consulting services, and Xinghe Union is engaged in movie and TV series investment and publishing, advertisement design and production. These joint ventures were established pursuant to a framework agreement entered into with Beijing Super TV Co., Ltd. ("Super TV") in June 2011 and the supplemental agreement entered into with Super TV and N-S Digital TV in January 2012.

The investment was accounted for using the equity method of accounting as the Group has the ability to exercise the significant influence to the operation of Shibo Movie and Xinghe Union.

(3)

In April 2012, The Group entered into an agreement with Asiaray Advertising Media Ltd. ("Asiaray") and Guangxi Civil Aviation Development Co., Ltd. ("Guangxi Civil Aviation") to establish a joint venture, Guangxi Dingyuan. Guangxi Dingyuan was incorporated on April 18, 2012 with total contributed capital of $1,605, of which 20%, 40% and 40% of that amount was contributed by Guangxi Civil Aviation, Asiaray and the Group, respectively. Guangxi Dingyuan exclusively operates various media resources in four airports in China's Guangxi province.

The investment was accounted for using the equity method of accounting as the Group has the ability to exercise the significant influence to the operation of Guangxi Dingyuan.

(4)

In December 2013, the Group entered into an agreement with Zhejiang Tianguang Diying Production Co., Ltd. to establish a joint venture, AM Guangying. AM Guangying was incorporated on December 25, 2013 with total contributed capital of $1,871, of which 52% and 48% of that amount was contributed by Zhejiang Tianguang Diying Production Co., Ltd. and the Group, respectively. AM Guangying is mainly engaged in film production.

The investment was accounted for using the equity method of accounting as the Group has the ability to exercise the significant influence to the operation of AM Guangying.

(5)

In December 2013, the Group entered into an agreement with Hainan Airlines Culture Co., Ltd. ("Hainan Airlines") to establish a joint venture, Yunxing Chuangrong. Yunxing Chuangrong was registered on December 17, 2013 with total contributed capital of $4,956. The Group and Hainan Airlines each contributed $2,478, representing 50% of the equity interest. Yunxing Chuangrong is established for fund raising as to in-flight internet business.

The investment was accounted for using the equity method of accounting as the Group has the ability to exercise the significant influence to the operation of Yunxing Chuangrong.

(b)

Cost method investment

In June 2010, the Group invested in $367 for 20% of 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.

ACCOUNTS RECEIVABLE, NET

12 Months Ended

Dec. 31, 2013

ACCOUNTS RECEIVABLE, NET [Abstract]

ACCOUNTS RECEIVABLE, NET

6.	ACCOUNTS RECEIVABLE, NET

Accounts receivable, net, consists of the following:

	As of December 31,
	2012			2013

Billed receivable	$	61,760		$	64,031
Unbilled receivable		44,071			50,719
Accounts receivable, gross		105,831			114,750
Less: Allowance for doubtful accounts		(4,609	)		(7,221	)
Accounts receivable, net	$	101,222		$	107,529

Unbilled receivable represents amounts earned under the advertising contracts in progress but not billable at the respective balance sheet dates. These amounts become billable according to the contract term. The Group anticipates that the majority of such unbilled amounts will be billed and collected within twelve months of the balance sheet date.

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

2011	$	17,646		2,044		(17,279	)		877	$	3,288
2012	$	3,288		1,242		34			45	$	4,609
2013	$	4,609		2,439		-			173	$	7,221

- 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

12 Months Ended

Dec. 31, 2013

OTHER CURRENT ASSETS [Abstract]

OTHER CURRENT ASSETS

OTHER CURRENT ASSETS

Other current assets consist of the following:

	As of December 31,
	2012		2013

Input VAT receivable	$	1,955	$	12,800
Investment in films and TV Series ⁽ⁱ⁾		-		3,634
Prepaid income tax		-		684
Prepaid agency fees		262		538
Advances to employees		418		428
Short-term deposits		1,588		449
Other assets from nonmonetary transactions ⁽ⁱⁱ⁾		1,736		182
Interest receivable		438		422
Loan receivable from a third party ⁽ⁱⁱⁱ⁾		1,732		-
Other prepaid expenses		1,659		1,300
	$	9,788	$	20,437

(i)

Investment in films and TV Series represents the amounts invested in films and TV Series produced by other companies. The Group 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. Amounts related to the films and TV Series that are expected to release within one year from December 31, 2013 are recorded as current assets. Amounts related to films and TV Series that are expected to release after one year from December 31, 2013 are recorded as other non-current assets.

(ii)

Other assets from nonmonetary transactions primarily consist of exchanged golf club membership cards and vehicles, etc. for the year 2012 and 2013, respectively.

(iii)

Loan receivable is related to amounts lent to a third party company for corporation on a TV series with stated term of one year and annual interest rate of 15%, which have been received with amounts of $329 and impaired the remaining amounts by December 31, 2013.

LONG-TERM DEPOSITS

12 Months Ended

Dec. 31, 2013

LONG-TERM DEPOSITS [Abstract]

LONG-TERM DEPOSITS

8.	LONG-TERM DEPOSITS

Long term deposits consist of the following:

	As of December 31,
	2012		2013

Concession fee deposits	$	21,633	$	19,780
Office rental deposits		674		717
	$	22,307	$	20,497

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 two 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 costs.

ACQUIRED INTANGIBLE ASSETS, NET

12 Months Ended

Dec. 31, 2013

ACQUIRED INTANGIBLE ASSETS, NET [Abstract]

ACQUIRED INTANGIBLE ASSETS, NET

9.	ACQUIRED INTANGIBLE ASSETS, NET

Acquired intangible assets, net, consist of the following:

	As of December 31,
	2012										2013
	Gross								Net		Gross								Net
	carrying		Accumulated			Accumulated			carrying		carrying		Accumulated			Accumulated			carrying
	amount		amortization			Impairment(1)			amount		amount		amortization			Impairment(1)			amount

TV program license	$	6,192	$	(1,850	)	$	(4,342	)	$	-	$	6,372	$	(1,903	)	$	(4,469	)	$	-
Audio-vision programming and broadcasting qualification		223		(38	)		(185	)		-		229		(39	)		(190	)		-
Customer relationships		1,509		(1,447	)		(62	)		-		1,553		(1,490	)		(63	)		-
Contract backlog		1,977		(1,946	)		(31	)		-		2,035		(2,003	)		(32	)		-
Concession agreements		16,138		(9,508	)		(5,109	)		1,521		17,337		(10,633	)		(5,258	)		1,446
Non-compete agreements		189		(179	)		(10	)		-		194		(184	)		(10	)		-
	$	26,228	$	(14,968	)	$	(9,739	)	$	1,521	$	27,720	$	(16,252	)	$	(10,022	)	$	1,446

(1)

The Group incurred impairment losses of $656, $9,583 and nil on finite-lived intangible assets the years ended December 31, 2011, 2012 and 2013, respectively. As the actual and expected sales and profits were below previously forecasted figures for fire station, air travel and outdoor advertising media, the carrying amounts of the finite-lived intangible assets exceeded the estimated future discounted cash flows associated with such assets. Accordingly, the amount of impairment expense recognized is equal to this excess.

The amortization expenses for the years ended December 31, 2011, 2012 and 2013 were $3,791, $2,635 and $836, respectively. During fiscal years 2014, 2015, 2016, 2017 and 2018, the Group expects to record amortization expenses for finite-lived intangible assets of $619, $292, $292, $146 and $97, respectively.

GOODWILL

12 Months Ended

Dec. 31, 2013

GOODWILL [Abstract]

GOODWILL

10.

GOODWILL

The movement of the goodwill for the years ended December 31, 2012 and 2013 is as follows:

Balance as of January 1, 2012	$	20,734
Impairment of goodwill in relation to Flying Dragon		(8,131	)
Impairment of goodwill in relation to AM Outdoor		(7,753	)
Impairment of goodwill in relation to AM Jiaming		(4,727	)
Exchange differences		(123	)

Balance as of December 31, 2012	$	-
Balance as of December 31, 2013	$	-

The Group has four reporting units: the advertising media in air travel areas, the advertising media in gas station, the outdoor advertising media and the fire station advertising media. Applying discounted cash flows for its 2011 annual impairment test, the estimated fair value of the fire station reporting unit was below the carrying amount of its net assets. Accordingly, the Group impaired all goodwill related to the fire station reporting unit and incurred an impairment loss of $1,003 for the year ended December 31, 2011. Similarly, the fair value of the air travel areas and outdoor advertising media reporting unit, as estimated using the income approach applying a discounted cash flows for its 2012 annual impairment test, was below the carrying amount of its net assets, and as such, the Group impaired all goodwill related to air travel areas reporting unit and outdoor media advertising media reporting unit and recorded an impairment loss of $20,611 for the year ended December 31, 2012.

PROPERTY AND EQUIPMENT, NET

12 Months Ended

Dec. 31, 2013

PROPERTY AND EQUIPMENT, NET [Abstract]

PROPERTY AND EQUIPMENT, NET

11.

PROPERTY AND EQUIPMENT, NET

Property and equipment, net, consist of the following:

	As of December 31,
	2012			2013

Digital display network equipment	$	89,327		$	90,053
Gas station display network equipment		14,802			10,686
Furniture and fixture		847			882
Computer and office equipment		2,626			2,999
Vehicle		1,219			1,406
Software		10,355			10,656
Property		4,244			4,368
Leasehold improvement		1,351			1,365
		124,771			122,415
Less: accumulated depreciation and amortization		(78,841	)		(86,331	)
	$	45,930		$	36,084

Depreciation and amortization expenses recorded for the years ended December 31, 2011, 2012 and 2013 were $21,347, $21,398 and $21,026, respectively.

PREPAID EQUIPMENT COST

12 Months Ended

Dec. 31, 2013

Prepaid Equipment Cost [Abstract]

PREPAID EQUIPMENT COST

12.

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 subsidiaries, with LED screens from Elec-Tech, pursuant to which Elec-Tech would totally invest $104,000 (equivalent to RMB640 million) 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. Therefore, the Group considered this transaction as a nonmonetary transaction. The Group measured the fair value of equity interests surrendered based on the fair value of LED screens received, which is more clearly determinable. The details of fair value measurement are disclosed in Note 17. The Group would not recognize any gain or loss from this transaction.

As of December 31, 2013, Elec-Tech had injected total $57,217 into GreatView Media, of which $56,113 was recorded as additional paid-in capital, and the Group has purchased 1,000 sets of LED screens in total from Elec-Tech, amounting to $49,415 for its gas station media business. As of December 31, 2013, all purchased equipment were still in the process of installment, therefore, were recognized as prepaid equipment costs. As of March 31, 2014, the Group has installed more than 300 LED screens.

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

12 Months Ended

Dec. 31, 2013

ACCRUED EXPENSES AND OTHER CURRENT 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,
	2012		2013

Accrued payroll and welfare	$	4,766	$	4,469
Deposit payable		698		1,203
Other tax payable		2,802		2,942
Deferred income from ADS depositary		364		112
Accrued staff disbursement		824		1,103
Accrued professional fees		213		388
Accrued dividends to non-controlling shareholders of Flying Dragon		663		-
Other liabilities		669		666
	$	10,999	$	10,883

INCOME TAXES

12 Months Ended

Dec. 31, 2013

INCOME TAXES [Abstract]

INCOME TAXES

14.

INCOME TAXES

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

Broad Cosmos and Excel Lead are tax-exempted company incorporated in the British Virgin Islands.

AM China and Glorious Star did not have any assessable profits arising in or derived from Hong Kong for the years ended December 31, 2011, 2012 and 2013, 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.

AM 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. AM Technology was subject to an EIT rate of 15% in 2011, 2012 and 2013, and is expected to be subject to an EIT rate of 15% as long as it maintains its status as a HNTE.

Shenzhen AM is subject to EIT on the taxable income at the gradual rate, which is 24% in 2011, and 25% in 2012 and thereafter, according to transitional rules of the New EIT Law. Since Shenzhen AM is also qualified as a "manufacturing foreign-invested enterprise" incorporated prior to the effectiveness of the New EIT Law, it is further entitled to the EIT rates of 12%, 12.5% and 25% for the year 2011, 2012 and 2013, respectively.

Hainan Jinhui is subject to EIT on the taxable income at the gradual rate, which is 24% in 2011, and 25% in 2012 and thereafter, according to transitional rules of the New EIT Law.

Xi'an AM 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 approved by the relevant tax authorities. As Xi'an AM first made profit in 2009, it was exempted from EIT in 2009 and 2010, and enjoys the preferential income tax rate of 12.5% from 2011 to 2013.

Income tax benefits/(expenses) are as follows:

	For the years ended December 31,
	2011			2012			2013

Income tax (expenses)/benefits:
Current	$	(1,585	)	$	(4,324	)	$	(2,250	)
Deferred		1,319			1,831			3,963
Total	$	(266	)	$	(2,493	)	$	1,713

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

	As of December 31,
	2012			2013

Deferred tax assets:
Current
Allowance for doubtful accounts	$	1,338		$	2,003
Accrued payroll		1,107			1,046
Employee education fee excess		-			24
Valuation allowance		(381	)		(297	)
Deferred tax assets - current		2,064			2,776

Non-current
Depreciation of property and equipment		689			622
Amortization of intangible assets and concession fees		4,440			5,476
Taxable loss arising from a disposal of an equity method investment		217			-
Net operating loss carry forwards		11,063			13,231
Valuation allowance		(8,062	)		(7,575	)
Deferred tax assets - non-current		8,347			11,754

Deferred tax liabilities:
Non-current
Acquired intangible assets		380			361
Total deferred tax liabilities	$	380		$	361

The valuation allowance provided as of December 31, 2013 relates to the deferred tax assets generated by Shenzhen AM, AirTV United, AM Jinshi, AM Jiaming, AM Wenzhou, TJ Jinshi and Dongding, and was recognized based on the Group's estimates of the future taxable income of these entities, because the Group 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 of $52,175 as of December 31, 2013. The net operating loss carry forwards for the PRC subsidiaries will expire on various dates through 2018.

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,
	2011			2012			2013

Net loss before provision for income taxes	$	(12,657	)	$	(29,770	)	$	(13,164	)
PRC statutory tax rate		25	%		25	%		25	%
Income tax at statutory tax rate		(3,164	)		(7,443	)		(3,291	)

Expenses not deductible for tax purposes:
Entertainment expenses exceeded the tax limit		180			315			321
Goodwill impairment		-			5,153			-
Tax effect of tax losses not recognized		-			2,791			346
Tax effect of deductible temporary difference not recognized		-			1,425			1,972
Changes in valuation allowance		3,213			(471	)		(571	)
Effect of preferential tax rates granted to PRC entities		(819	)		(675	)		(1,079	)
Effect of income tax rate difference in other jurisdictions		856			1,398			589
Income tax expenses/(benefits)	$	266		$	2,493		$	(1,713	)
Effective tax rates		(2.1	)%		(8.4	)%		13.0	%

If the Group's subsidiaries, VIEs and VIEs' subsidiaries in the PRC were not in a tax holiday period in the years ended December 31, 2011, 2012 and 2013, the impact to net loss per share amounts would be as follows:

	For the years ended December 31,
	2011		2012		2013

Increase in income tax expenses	$	819	$	675	$	1,079
Decrease in net loss per ordinary share-basic		0.01		0.01		0.01
Decrease in net loss per ordinary share-diluted		0.01		0.01		0.01

The Group did not identify significant unrecognized tax benefits for the years ended December 31, 2011, 2012 and 2013. The Group did not incur any interest and penalties related to potential underpaid income tax expenses for the years ended December 31, 2011, 2012 and 2013.

Since the commencement of operations in August 2005, only AM Technology and Shenzhen AM 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.

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%.

Under applicable accounting principles, a deferred tax liability should be recorded for taxable temporary differences attributable to the excess of financial report over tax basis, including those differences attributable to a more than 50% interest in a subsidiary. However, the Company's subsidiaries located in the PRC had been in loss position and had accumulated deficit as of December 31, 2011, 2012 and 2013, 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.

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 LOSS PER SHARE

12 Months Ended

Dec. 31, 2013

NET LOSS PER SHARE [Abstract]

NET LOSS PER SHARE

15.

NET LOSS PER SHARE

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

	For the years ended December 31,
	2011			2012			2013

Net loss attributable to AirMedia Group Inc.'s ordinary shareholders (numerator)	$	(9,596	)	$	(32,728	)	$	(10,626	)
Shares (denominator):
Weighted average ordinary shares outstanding used in computing net loss per ordinary share - basic		129,537,955			124,269,245			120,386,635
Weighted average ordinary shares outstanding used in computing net loss per ordinary share - diluted ⁽ⁱ⁾		129,537,955			124,269,245			120,386,635
Net loss per ordinary share-basic	$	(0.07	)	$	(0.26	)	$	(0.09	)
Net loss per ordinary share-diluted		(0.07	)		(0.26	)		(0.09	)

(i)

SHARE BASED PAYMENTS

12 Months Ended

Dec. 31, 2013

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 October 10, 2012, the Board of Directors approved the Company to extend the expiration date of the options granted on July 2, 2007, November 29, 2007 and July 10, 2009 to November 29, 2015. Modified awards are viewed as an exchange of the original award for a new award. The fair value of the stock options, which was $0.33 per share as of the modification date, was estimated using the Black-Scholes model. The incremental compensation cost of the modified award was $449, which was recognized as share-based compensation expenses for the year ended December 31, 2012.

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, of which will 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 recognized over the remaining service period.

In September 2012, the former CFO of the Group resigned. Of the 600,000 options granted to her on March 22, 2011, 300,000 were vested through her date of resignation. In conjunction with her resignation, she signed a supplementary agreement with the Group that granted her 100,000 immediately exercisable options and 200,000 options that would vest through September 22, 2013. During the vesting period, she would provide consulting service as a consultant. For the 100,000 immediately exercisable options, a measurement date was reached upon grant and the Group immediately recognized $35 share-based compensation expenses. For the 200,000 options that vested through September 22, 2013, the Group recognized expense based on the fair value of the options as of each reporting date through the measurement date. For the year ended December 31, 2011, 2012 and 2013, the Group recognized $1,046, $19 and $59 share-based compensation expense for these options, respectively.

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 November 1 and November 30, 2012, the Group granted 20,000 options to a consultant under the 2007 Option Plan and 60,000 options under the 2012 Option Plan to purchase the Company's ordinary shares at an exercise price of $1.11 per share. The 20,000 share options vested immediately and one-third of the 60,000 share options vested on February 1, May 1 and August 1, 2013, respectively.

The following summary of stock option activity under the 2007, 2011 and 2012 Share Incentive Plan as of December 31, 2012 and 2013, reflective of all modifications is presented below:

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

Outstanding at January 1, 2013		16,721,266		$	1.19	$	1.27
Exercised		(18,400	)		1.15		1.40
Forfeited		(2,047,336	)		1.55		1.19
Outstanding at December 31, 2013		14,655,530			1.14		1.27		2.85		557
Options vested and expected to vest as of December 31, 2013		14,654,776		$	1.14	$	1.23		2.79		557
Options exercisable as of December 31, 2013		13,701,628		$	1.17	$	1.29		2.85		279

The total intrinsic value of options exercised during the years ended December 31, 2011, 2012 and 2013 was $54, $66 and $3, respectively. The total fair value of options vested during the years ended December 31, 2011, 2012 and 2013 was $3,664, $3,503 and $1,476, respectively.

The Group recorded share-based compensation of $4,614, $3,502 and $1,251 for the years ended December 31, 2011, 2012 and 2013, respectively. There was $427 of total unrecognized compensation expense related to unvested share options granted as of December 31, 2013. The expense is expected to be recognized over a weighted-average period of 1.39 years on a straight-line basis.

The fair value of each option granted was estimated on the date of grant/modification using the Black-Scholes option pricing model with the following assumptions used for grants during the applicable period.

	For the years ended December 31,
	2011		2012		2013

Risk-free interest rate of return		0.00%-0.79%		0.12%-0.34%		0.12%-1.10%
Expected term		0.4-3.1 years		0.07-3.19 years		0.33-4.42 years
Volatility		70.64%-70.74%		67.57%-94.43%		64.75%-94.43%
Dividend yield		-		-		-

(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, 2013

FAIR VALUE MEASUREMENT [Abstract]

FAIR VALUE MEASUREMENT

17.

FAIR VALUE MEASUREMENT

Measured on recurring basis

The Group measured its financial assets and liabilities, including cash, restricted cash, accounts receivable, short-term investment, amounts due from related parties, accounts payable, and amounts due to related parties on a recurring basis as of December 31, 2012 and 2013.

Cash, restricted cash and short-term investment 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, accounts payable and amounts due to related parties approximate their fair values due to their short-term maturity.

Measured on non-recurring basis

The Group measured the intangible assets at fair value on a nonrecurring basis as results of the impairment loss of $9,583 recognized in 2012, as set forth in Note 9. The fair value was determined using models with significant unobservable inputs (Level 3 inputs), primarily the management projection on the discounted future cash flow and the discount rate.

The Group measured the goodwill at fair value on a nonrecurring basis when it is annually evaluated or whenever events or changes in circumstances indicate that carrying amount of a reporting unit exceeds its fair value as a result of the impairment assessments (Note 10). The fair value was determined using models with significant unobservable inputs (Level 3 inputs), primarily the management projection on the discounted future cash flow and the discount rate. The impairment loss of $20,611 was recognized for the year ended December 31, 2012.

The Group measured the prepaid equipment cost exchanged with Elec-tech at fair value on a nonrecurring basis as result of the unit price of each LED screen of $58 as set forth in Note 12. The Group engaged a third party appraiser to evaluate the fair value of the LED screens. The fair value was determined using market approach (sales comparison method) with quoted price for similar assets in active market (Level 2 inputs).

SHARE REPURCHASE PLAN

12 Months Ended

Dec. 31, 2013

SHARE REPURCHASE PLAN [Abstract]

SHARE REPURCHASE PLAN

18.

SHARE REPURCHASE PLAN

On March 21, 2011, the Board of Directors authorized the Group to repurchase up to $20 million 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 million of its own outstanding ADS and to extend the termination date of the share repurchase program to March 20, 2014.

As of December 31, 2013, the Group had repurchased an aggregate of 6,532,429 ADSs on the open market for a total consideration of $17.4 million. As of December 31, 2013, 2,190,685 ADSs had been cancelled and 4,341,744 ADSs were recorded as treasury stock.

MAINLAND CHINA CONTRIBUTION PLAN

12 Months Ended

Dec. 31, 2013

MAINLAND CHINA CONTRIBUTION PLAN [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 labour 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 $2,955, $3,425 and $4,412 for the years ended December 31, 2011, 2012 and 2013, respectively.

STATUTORY RESERVES

12 Months Ended

Dec. 31, 2013

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 $2,095 and $824 to statutory reserves during the years ended December 31, 2012 and 2013, 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, 2013

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, 2013, the balance of restricted net assets was $358,417, of which $159,658 was attributed to the paid-in-capital and statutory reserves of the VIEs and VIEs' subsidiaries, and $198,759 was attributed to the paid in capital and statutory reserves of WFOE, respectively. 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, 2013

COMMITMENTS [Abstract]

COMMITMENTS

22.

COMMITMENTS

(a)

Rental leases

The Group has entered into operating lease agreements principally for its office spaces in the PRC. These leases expire through 2018 and are renewable upon negotiation. Rental expenses under operating leases for the years ended December 31, 2011, 2012 and 2013 were $2,528, $2,668 and $3,312, respectively.

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

Year

2014	$	3,522
2015		1,776
2016		49
2017		10
2018		6
	$	5,363

(b)

Concession fees

The Group has entered into concession right agreements with vendors, such as airports, airlines and a petroleum company. The contract terms of such concession rights are usually three to five years. The concession rights expire through 2019 and are renewable upon negotiation. Concession fees charged into statements of operations for the years ended December 31, 2011, 2012 and 2013 were $160,199, $177,996 and $180,990, respectively.

Future minimum concession fee payments under non-cancellable concession right agreements were as follows:

Year

2014	$	182,500
2015		120,557
2016		52,898
2017		30,007
2018		20,762
2019		42,273
	$	448,997

(c)

Capital commitments

The Group has entered into purchase agreements with vendors for media equipment in airports and gas stations. The minimum purchase payments under non-cancellable purchase agreements were $52,440 and $296 for the year ending December 31, 2014 and 2015, respectively.

CONTINGENT LIABILITIES

12 Months Ended

Dec. 31, 2013

CONTINGENT LIABILITIES [Abstract]

CONTINGENT LIABILITIES

23.

CONTINGENT LIABILITIES

(a)

Outdoor advertisement registration certificate

On May 22, 2006, the State Administration for Industry and Commerce, or the SAIC, a governmental authority in the PRC, amended the Provisions on the Registration Administration of Outdoor Advertisements, or the new outdoor advertisement provisions. Pursuant to the amended outdoor advertisement provisions, advertisements placed inside or outside of the "departure halls" of airports are treated as outdoor advertisements and must be registered in accordance with the local SAIC by "advertising distributors". To ensure that the Group's airport operations comply with the applicable PRC laws and regulations, the Group is in the process of making inquiries with the local SAICs in the cities in which the Group has operations or intends to operate with respect to the application for an advertising registration certificate. However, the local SAICs with whom the Group consulted have expressed different views on whether the advertisements shown on the Group's digital TV screens should be regarded as outdoor advertisements and how to register those advertisements. As of the date of these consolidated financial statements, the Group has registered and received outdoor advertising licenses for advertisements in Beijing Capital International Airport, Shanghai Pudong International Airport, Shanghai Hongqiao Airport and Shenyang Taoxian International Airport, and registrations have been approved by the SAIC offices in six other cities and provinces where the Group has operations for advertisements in the airports of those regions. Some local SAICs need more time to consider the implementation of the new outdoor advertising provisions and some SAICs do not require the Group to register. The Group intends to register with the relevant SAICs if the Group is required to do so, but the Group cannot assure that the Group will obtain the registration certificate in compliance with the new outdoor advertisement provisions due to the uncertainty in the implementation and enforcement of the regulations promulgated by the SAIC. If the requisite registration is not obtained, the relevant local SAICs may require the Group to forfeit advertising income earned, impose administrative fines of up to $5. They may also require the Group to discontinue advertisements at airports where the requisite advertising registration is not obtained, which may result in a breach of one or more of the Group's agreements with the Group's advertising clients and materially and adversely affect the Group's business and results of operations. As of December 31, 2013, 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)

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 partnership 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 to 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, 2013, 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.

RELATED PARTY TRANSACTIONS

12 Months Ended

Dec. 31, 2013

RELATED PARTY TRANSACTIONS

24.

RELATED PARTY TRANSACTIONS

(a)

Details of outstanding balances with the Group's related parties as of December 31, 2012 and 2013 were as follows:

Amount due from related parties-trading:

		As of December 31,
Name of related parties	Relationship	2012		2013

BEMC	Equity method investment of the Group	$	1,310	$	187
		$	1,310	$	187

The amount due from BEMC represents the uncollected advertising revenues earned from BEMC as of December 31, 2012 and 2013, respectively.

Amount due to related parties-trading:

		As of December 31,
Name of related parties	Relationship	2012		2013

BEMC	Equity method investment of the Group	$	447	$	-
		$	447	$	-

The amount due to BEMC represents the deposits received for publishing advertisement, which has been paid back as of December 31, 2013.

(b)

Details of related party transactions occurred for the years ended December 31, 2011, 2012 and 2013 were as follows:

Advertising revenues earned from:

		For the years ended December 31
Name of related parties	Relationship	2011		2012		2013

BEMC	Equity method investment of the Group	$	179	$	1,852	$	681
Zhangshangtong	Cost method investment of the Group		27		-		-
		$	206	$	1,852	$	681

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

+ References + Details

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

12 Months Ended

Dec. 31, 2013

ADDITIONAL INFORMATION-FINANCIAL STATEMENT SCHEDULE I FINANCIAL INFORMATION OF PARENT COMPANY [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 related data)

	As of December 31,
	2012			2013
Assets
Current assets
Cash and cash equivalents	$	196		$	14
Investment in subsidiaries		60,514			93,416
Amount due from subsidiaries		181,204			181,245
Other current assets		778			335
TOTAL ASSETS		242,692			275,010

Liabilities
Current liabilities
Amount due to subsidiaries		421			3,652
Accrued expenses and other current liabilities		395			392
Total liabilities		816			4,044

Equity
Ordinary Shares ($0.001 par value; 900,000,000 shares authorized in 2012 and 2013; 127,662,057 shares and 127,662,057 shares issued as of December 31, 2012 and 2013, respectively; 122,112,485 shares and 119,134,135 shares outstanding as of December 31, 2012 and 2013, respectively)		128			128
Additional paid in capital		278,652			313,912
Treasury stock (5,549,572 and 8,527,922 shares as of December 31, 2012 and 2013, respectively)		(7,035	)		(9,860	)
Accumulated deficits		(62,817	)		(73,443	)
Accumulated other comprehensive income		32,948			40,229

Total equity		241,876			270,966

TOTAL LIABILITIES AND EQUITY	$	242,692		$	275,010

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,
	2011			2012			2013
Operating expenses
Selling and marketing	$	(1,421	)	$	(859	)	$	-
General and administrative		(3,471	)		(3,282	)		(2,239	)
Total operating expenses		(4,892	)		(4,141	)		(2,239	)
Investment loss in subsidiaries		(4,795	)		(28,587	)		(8,387	)
Interest income		91			-			-
Net loss attributable to holders of ordinary shares	$	(9,596	)	$	(32,728	)	$	(10,626	)

AirMedia GROUP INC.

ADDITIONAL INFORMATION-FINANCIAL STATEMENT SCHEDULE I

FINANCIAL INFORMATION OF PARENT COMPANY

STATEMENTS OF COMPREHENSIVE INCOME/(LOSS)

(In U.S. dollars in thousands)

	For the years ended December 31,
	2011			2012			2013

Net loss	$	(9,596	)	$	(32,728	)	$	(10,626	)
Other comprehensive income, net of tax:
Change in cumulative foreign currency translation adjustment		12,381			2,214			7,281

Comprehensive income/ (loss) attributable to Parent Company	$	2,785		$	(30,514	)	$	(3,345	)

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 related data)

																Accumulated
																other
	Ordinary shares						Additional			Treasury			Accumulated			comprehensive		Total
	Shares			Amount			paid in capital			stock			deficits			income		equity

Balance as of January 1, 2011		131,905,011			132			277,676			-			(20,493	)		18,353		275,668
Ordinary shares issued for share based compensation		138,416			-			229			-			-			-		229
Share repurchase		(4,381,370	)		(4	)		(7,369	)		-			-			-		(7,373	)
Treasury stock		(2,414,460	)		-			-			(3,775	)		-			-		(3,775	)
Share-based compensation		-			-			4,614			-			-			-		4,614
Foreign currency translation adjustment		-			-			-			-			-			12,381		12,381
Net loss		-			-			-			-			(9,596	)		-		(9,596	)

Balance as of December 31, 2011		125,247,597		$	128		$	275,150		$	(3,775	)	$	(30,089	)	$	30,734	$	272,148

Ordinary shares issued for share based compensation		137,166			-			-			161			-			-		161
Share repurchase as treasury stock		(3,272,278	)		-			-			(3,421	)		-			-		(3,421	)
Share-based compensation		-			-			3,502			-			-			-		3,502
Foreign currency translation adjustment		-			-			-			-			-			2,214		2,214
Net loss		-			-			-			-			(32,728	)		-		(32,728	)

Balance as of December 31, 2012		122,112,485		$	128		$	278,652		$	(7,035	)	$	(62,817	)	$	32,948	$	241,876

Ordinary shares issued for share based compensation		18,400			-			-			21			-			-		21
Share repurchase as treasury stock		(2,996,750	)		-			-			(2,846	)		-			-		(2,846	)
Share-based compensation		-			-			1,251			-			-			-		1,251
Foreign currency translation adjustment		-			-			-			-			-			7,281		7,281
Capital contribution from non-controlling interests		-			-			39,825			-			-			-		39,825
Acquisition of non-controlling interests		-			-			(5,816	)		-			-			-		(5,816	)
Net loss		-			-			-			-			(10,626	)		-		(10,626	)

Balance as of December 31, 2013		119,134,135		$	128		$	313,912		$	(9,860	)	$	(73,443	)	$	40,229	$	270,966

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,
	2011			2012			2013
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$	(9,596	)	$	(32,728	)	$	(10,626	)
Investment loss in subsidiaries		4,795			28,587			8,387
Share-based compensation		4,614			3,502			1,251

CHANGES IN WORKING CAPITAL ACCOUNTS
Other current assets		16			(597	)		444
Accounts payable		36			(40	)		-
Accrued expenses and other current liabilities		(697	)		(421	)		(3	)
Amount due to subsidiaries		25			265			3,231
Amount due from subsidiaries		482			2,497			(41	)

Net cash (used in) provided by operating activities		(325	)		1,065			2,643

CASH FLOWS FROM INVESTING ACTIVITIES
Payment for contingent consideration in connection with a business combination		(2,966	)		-			-

Net cash used in investing activities		(2,966	)		-			-

CASH FLOWS FROM FINANCING ACTIVITIES
Share repurchase		(7,373	)		-			-
Cash paid for treasury stock		(3,775	)		(3,421	)		(2,846	)
Proceeds from exercises of stock options		229			161			21

Net cash used in financing activities.		(10,919	)		(3,260	)		(2,825	)

Net decrease in cash		(14,210	)		(2,195	)		(182	)
Cash, at beginning of year		16,601			2,391			196

Cash, at end of year	$	2,391		$	196		$	14

AirMedia GROUP INC.

NOTES TO ADDITIONAL INFORMATION-FINANCIAL STATEMENT SCHEDULE I

FINANCIAL INFORMATION OF PARENT COMPANY

(In U.S. dollars in thousands)

Notes:

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, AM Technology, Shenzhen AM, Xi'an AM and Glorious Star, and its VIEs, Shengshi Lianhe, AM Advertising, AirMedia UC and AM Yuehang, and VIEs' subsidiaries, AirTV United, AM Film, Flying Dragon, AM Wenzhou, Weimei Lianhe, Hainan Jinhui, AM Jiaming, AM Jinshi, TJ Jinshi, TJ AM, Dongding, AM Outdoor, GreatView Media, AM Jinsheng, GZ Meizheng and AM Tianyi.

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.

INCOME TAXES

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

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)

12 Months Ended

Dec. 31, 2013

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]

Basis of presentation

(a)

Basis of presentation

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

Basis of consolidation

(b)

Basis of consolidation

Use of estimates

(c)

Use of estimates

Significant risks and uncertainties

(d)

Significant risks and uncertainties

Fair value

(e)

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

(f)

Fair value of financial instruments

Cash and cash equivalents

(g)

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

(h)

Restricted cash

Restricted cash represents the bank deposits in escrow accounts as the performance security for certain concession right agreements.

Short-term investment

(i)

Short-term investment

Property and equipment

(j)

Property and equipment

Digital display network equipment	5 years
Gas station display network equipment	5 years
Furniture and fixture	5 years
Computer and office equipment	3-5 years
Vehicle	5 years
Software	5 years
Property	50 years
Leasehold improvement	Shorter of the term of the lease
	or the estimated useful lives of the assets

Impairment of long-lived assets and intangible assets with definite life

(k)

Impairment of long-lived assets and intangible assets with definite life

Impairment of goodwill

(l)

Impairment of goodwill

The Group annually, or more frequently if the Group believes indicators of impairment exist, reviews the carrying value of goodwill to determine whether impairment may exist.

Long-term investments

(m)

Long-term investments

Equity method investments

Cost method investments

Business combinations

(n)

Business combinations

Acquired intangible assets

(o)

Acquired intangible assets

TV program license	20 years
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

Revenue recognition

(p)

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")

Business tax and other sale related taxes

(r)

Business tax and other sale related taxes

Concession fees

(s)

Concession fees

Agency fees

(t)

Agency fees

Operating leases

(u)

Operating leases

Advertising costs

(v)

Advertising costs

Foreign currency translation

(w)

Foreign currency translation

Income taxes

(x)

Income taxes

Share-based payments

(y)

Share-based payments

Comprehensive income/(loss)

(z)

Comprehensive income/(loss)

Allowance of doubtful accounts

(aa)

Allowance of doubtful accounts

Concentration of credit risk

(bb)

Concentration of credit risk

Details of the customers accounting for 10% or more of total revenues are as follow:

Customer	For the years ended December 31,
	2011			2012			2013

A		6.9	%		11.2	%		6.7	%

Details of the customers accounting for 10% or more of accounts receivable are as follow:

Customer	As of December 31,
	2012			2013

B		7.9	%		10.4	%
C		15.3	%		5.4	%

Net loss per share

(cc)

Net loss per share

Government subsidies

(dd)

Government subsidies

Recent issued accounting standards adopted

(ee)

Recent issued accounting standards adopted

The new amendments will require an organization to:

•

Recent issued accounting standards not yet adopted

(ff)

Recent issued accounting standards not yet adopted

ORGANIZATION AND PRINCIPAL ACTIVITIES (Tables)

12 Months Ended

Dec. 31, 2013

Variable Interest Entity [Line Items]

Schedule of Company's Subsidiaries and VIE's

As of December 31, 2013, details of the Company's subsidiaries, VIEs and VIEs' subsidiaries are as follows:

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

Intermediate Holding Company:
Broad Cosmos Enterprises Ltd.	June 26, 2006	British Virgin Islands ("BVI")		100	%

AirMedia International Limited ("AM International")	July 14, 2007	BVI		100	%

AirMedia (China) Limited ("AM China")	August 5, 2005	Hong Kong		100	%

Excel Lead International Limited ("Excel Lead")	August 1, 2008	BVI		100	%

Dominant City Ltd. ("Dominant City")	July 1, 2009	BVI		100	%

Easy Shop Ltd. ("Easy Shop")	January 1, 2010	BVI		100	%

Glorious Star Investment Limited ("Glorious Star")	August 1, 2008	Hong Kong		100	%

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

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

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

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

AirMedia Group Co., Ltd. (Formerly Beijing AirMedia Advertising Co., Ltd.) ("AM Advertising")	November 22, 2005	the PRC		N/A

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

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

VIEs' subsidiaries:
AirTV United Media & Culture Co., Ltd. ("AirTV United")	October 10, 2006	the PRC		N/A

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

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

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

Beijing Weimei Lianhe Advertising Co., Ltd. ("Weimei Lianhe")	March 10, 2009	the PRC		N/A

Hainan Jinhui Guangming Media Advertising Co., Ltd. ("Hainan Jinhui")	June 23, 2009	the PRC		N/A

Beijing AirMedia Jiaming Film & TV Culture Co., Ltd. (Formerly Beijing Youtong Hezhong Advertising Media Co., Ltd.) ("AM Jiaming")	July 1, 2009	the PRC		N/A

Beijing AirMedia Advertising Co., Ltd. (Formly Beijing AirMedia Jinshi Advertising Co., Ltd.) ("AM Jinshi")	July 7, 2009	the PRC		N/A

Tianjin AirMedia Jinshi Advertising Co., Ltd. ("TJ Jinshi")	September 8, 2009	the PRC		N/A

Tianjin AirMedia Advertising Co., Ltd. ("TJ AM")	September 21, 2009	the PRC		N/A

AirMedia City (Beijing) Outdoor Advertising Co., Ltd. ("AM Outdoor")	January 1, 2010	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

Beijing AirMedia Jinsheng Advertising Co., Ltd. ("AM Jinsheng")	April 28, 2011	the PRC		N/A

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

Beijing AirMedia Tianyi Advertising Co., Ltd. ("AM Tianyi")	September 25, 2013	the PRC		N/A

AirMedia's VIEs [Member]

Variable Interest Entity [Line Items]

Schedule of VIE's Balance Sheet Amounts

	As of December 31,
	2012		2013

Total current assets	$	201,088	$	208,255
Total non-current assets		27,499		108,677

Total assets		228,587		316,932

Total current liabilities		98,973		101,027
Total non-current liabilities		380		361

Total liabilities	$	99,353	$	101,388

Schedule of VIE's Income Statement Amounts

	For the years ended December 31,
	2011			2012			2013

Net revenues	$	268,866		$	286,641		$	271,536
Net loss		(2,543	)		(31,771	)		(13,552	)
Net cash provided by (used in) operating activities		5,251			(8,587	)		8,132
Net cash used in investing activities		(538	)		(7,700	)		(70,653	)
Net cash provided by financing activities		-			-			58,763

Non VIE [Member]

Variable Interest Entity [Line Items]

Schedule of VIE's Balance Sheet Amounts

	As of December 31,
	2012		2013

Total current assets	$	60,337	$	66,849
Total non-current assets		54,943		19,010

Total assets		115,280		85,859

Total current liabilities		5,079		10,060

Total liabilities	$	5,079	$	10,060

Schedule of VIE's Income Statement Amounts

	For the years ended December 31,
	2011			2012			2013

Net revenues	$	1,758		$	101		$	730
Net (loss)/income		(10,137	)		(470	)		2,032
Net cash provided by (used in) operating activities		12,681			28,817			(15,877	)
Net cash (used in) provided by investing activities		(4,654	)		(49,306	)		6,842
Net cash used in financing activities		(10,919	)		(3,260	)		(2,825	)

- 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, 2013

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]

Schedule of Estimated Useful Lives of Property and Equipment, Net

Depreciation and amortization are calculated on a straight-line basis over the following estimated useful lives:

Digital display network equipment	5 years
Gas station display network equipment	5 years
Furniture and fixture	5 years
Computer and office equipment	3-5 years
Vehicle	5 years
Software	5 years
Property	50 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 finite-lived intangible assets is computed using the straight-line method over the following estimated economic lives:

TV program license	20 years
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

Schedule of Revenue and Accounts Receivable of Major Customers

Details of the customers accounting for 10% or more of total revenues are as follow:

Customer	For the years ended December 31,
	2011			2012			2013

A		6.9	%		11.2	%		6.7	%

Details of the customers accounting for 10% or more of accounts receivable are as follow:

Customer	As of December 31,
	2012			2013

B		7.9	%		10.4	%
C		15.3	%		5.4	%

SEGMENT INFORMATION AND REVENUE ANALYSIS (Tables)

12 Months Ended

Dec. 31, 2013

SEGMENT INFORMATION AND REVENUE ANALYSIS [Abstract]

Schedule of Revenues by Service Categories

Revenue by service categories

	For the years ended December 31,
	2011		2012		2013

Revenues:
Air Travel Media Network:
Digital frames in airports	$	126,539	$	137,342	$	152,346
Digital TV screens in airports		21,937		13,731		14,110
Digital TV screens on airplanes		26,734		26,612		16,160
Traditional media in airports		73,535		83,478		64,845
Other revenues in air travel		6,416		7,346		9,183
Gas Station Media Network		12,873		14,217		12,726
Other Media		9,787		10,239		7,146
	$	277,821	$	292,965	$	276,516

LONG-TERM INVESTMENTS (Tables)

12 Months Ended

Dec. 31, 2013

Schedule of Investments [Line Items]

Schedule of Equity Method Investments

The Group had the following equity method investments:

	As of December 31,
	2012				2013
			Carrying				Carrying
Name of company	Percentage		value		Percentage		value
	%				%

Beijing Eastern Media Corporation, Ltd. ("BEMC") (1)		49	$	2,063		49	$	1,743
Beijing Shibo Movie Technology Co., Ltd. ("Shibo Movie") (2)		50	$	612		50		455
Beijing Xinghe Union Media Co., Ltd. ("Xinghe Union") (2)		50	$	604		50		370
Guangxi Dingyuan Meida Ltd. ("Guangxi Dingyuan") (3)		40	$	658		40		718
Zhejiang AirMedia Guangying Film & TV Production Co., Ltd. ("AM Guangying") (4)		-		-		48		1,652
Beijing Yunxing Chuangrong Investment Fund Management Co., Ltd. ("Yunxing Chuangrong") (5)		-		-		50		2,478
			$	3,937			$	7,416

(1)

The investment was accounted for using the equity method of accounting as the Group has the ability to exercise the significant influence to the operation of BEMC.

(2)

The investment was accounted for using the equity method of accounting as the Group has the ability to exercise the significant influence to the operation of Shibo Movie and Xinghe Union.

(3)

The investment was accounted for using the equity method of accounting as the Group has the ability to exercise the significant influence to the operation of Guangxi Dingyuan.

(4)

The investment was accounted for using the equity method of accounting as the Group has the ability to exercise the significant influence to the operation of AM Guangying.

(5)

The investment was accounted for using the equity method of accounting as the Group has the ability to exercise the significant influence to the operation of Yunxing Chuangrong.

ACCOUNTS RECEIVABLE, NET (Tables)

12 Months Ended

Dec. 31, 2013

ACCOUNTS RECEIVABLE, NET [Abstract]

Schedule of Accounts Receivable, Net

Accounts receivable, net, consists of the following:

	As of December 31,
	2012			2013

Billed receivable	$	61,760		$	64,031
Unbilled receivable		44,071			50,719
Accounts receivable, gross		105,831			114,750
Less: Allowance for doubtful accounts		(4,609	)		(7,221	)
Accounts receivable, net	$	101,222		$	107,529

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

2011	$	17,646		2,044		(17,279	)		877	$	3,288
2012	$	3,288		1,242		34			45	$	4,609
2013	$	4,609		2,439		-			173	$	7,221

OTHER CURRENT ASSETS (Tables)

12 Months Ended

Dec. 31, 2013

OTHER CURRENT ASSETS [Abstract]

Schedule of Other Current Assets

Other current assets consist of the following:

	As of December 31,
	2012		2013

Input VAT receivable	$	1,955	$	12,800
Investment in films and TV Series ⁽ⁱ⁾		-		3,634
Prepaid income tax		-		684
Prepaid agency fees		262		538
Advances to employees		418		428
Short-term deposits		1,588		449
Other assets from nonmonetary transactions ⁽ⁱⁱ⁾		1,736		182
Interest receivable		438		422
Loan receivable from a third party ⁽ⁱⁱⁱ⁾		1,732		-
Other prepaid expenses		1,659		1,300
	$	9,788	$	20,437

(i)

(ii)

Other assets from nonmonetary transactions primarily consist of exchanged golf club membership cards and vehicles, etc. for the year 2012 and 2013, respectively.

(iii)

LONG-TERM DEPOSITS (Tables)

12 Months Ended

Dec. 31, 2013

LONG-TERM DEPOSITS [Abstract]

Schedule of Long Term Deposits

Long term deposits consist of the following:

	As of December 31,
	2012		2013

Concession fee deposits	$	21,633	$	19,780
Office rental deposits		674		717
	$	22,307	$	20,497

ACQUIRED INTANGIBLE ASSETS, NET (Tables)

12 Months Ended

Dec. 31, 2013

ACQUIRED INTANGIBLE ASSETS, NET [Abstract]

Schedule of Acquired Intangible Assets, Net

Acquired intangible assets, net, consist of the following:

	As of December 31,
	2012										2013
	Gross								Net		Gross								Net
	carrying		Accumulated			Accumulated			carrying		carrying		Accumulated			Accumulated			carrying
	amount		amortization			Impairment(1)			amount		amount		amortization			Impairment(1)			amount

TV program license	$	6,192	$	(1,850	)	$	(4,342	)	$	-	$	6,372	$	(1,903	)	$	(4,469	)	$	-
Audio-vision programming and broadcasting qualification		223		(38	)		(185	)		-		229		(39	)		(190	)		-
Customer relationships		1,509		(1,447	)		(62	)		-		1,553		(1,490	)		(63	)		-
Contract backlog		1,977		(1,946	)		(31	)		-		2,035		(2,003	)		(32	)		-
Concession agreements		16,138		(9,508	)		(5,109	)		1,521		17,337		(10,633	)		(5,258	)		1,446
Non-compete agreements		189		(179	)		(10	)		-		194		(184	)		(10	)		-
	$	26,228	$	(14,968	)	$	(9,739	)	$	1,521	$	27,720	$	(16,252	)	$	(10,022	)	$	1,446

(1)

GOODWILL (Tables)

12 Months Ended

Dec. 31, 2013

GOODWILL [Abstract]

Schedule of Goodwill

The movement of the goodwill for the years ended December 31, 2012 and 2013 is as follows:

Balance as of January 1, 2012	$	20,734
Impairment of goodwill in relation to Flying Dragon		(8,131	)
Impairment of goodwill in relation to AM Outdoor		(7,753	)
Impairment of goodwill in relation to AM Jiaming		(4,727	)
Exchange differences		(123	)

Balance as of December 31, 2012	$	-
Balance as of December 31, 2013	$	-

PROPERTY AND EQUIPMENT, NET (Tables)

12 Months Ended

Dec. 31, 2013

PROPERTY AND EQUIPMENT, NET [Abstract]

Schedule of Property and Equipment, Net

Property and equipment, net, consist of the following:

	As of December 31,
	2012			2013

Digital display network equipment	$	89,327		$	90,053
Gas station display network equipment		14,802			10,686
Furniture and fixture		847			882
Computer and office equipment		2,626			2,999
Vehicle		1,219			1,406
Software		10,355			10,656
Property		4,244			4,368
Leasehold improvement		1,351			1,365
		124,771			122,415
Less: accumulated depreciation and amortization		(78,841	)		(86,331	)
	$	45,930		$	36,084

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES (Tables)

12 Months Ended

Dec. 31, 2013

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES [Abstract]

Schedule of Accrued Expenses and Other Current Liabilities

Accrued expenses and other current liabilities consist of the follows:

	As of December 31,
	2012		2013

Accrued payroll and welfare	$	4,766	$	4,469
Deposit payable		698		1,203
Other tax payable		2,802		2,942
Deferred income from ADS depositary		364		112
Accrued staff disbursement		824		1,103
Accrued professional fees		213		388
Accrued dividends to non-controlling shareholders of Flying Dragon		663		-
Other liabilities		669		666
	$	10,999	$	10,883

INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2013

INCOME TAXES [Abstract]

Schedule of Income Tax Benefits/(Expenses)

Income tax benefits/(expenses) are as follows:

	For the years ended December 31,
	2011			2012			2013

Income tax (expenses)/benefits:
Current	$	(1,585	)	$	(4,324	)	$	(2,250	)
Deferred		1,319			1,831			3,963
Total	$	(266	)	$	(2,493	)	$	1,713

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,
	2012			2013

Deferred tax assets:
Current
Allowance for doubtful accounts	$	1,338		$	2,003
Accrued payroll		1,107			1,046
Employee education fee excess		-			24
Valuation allowance		(381	)		(297	)
Deferred tax assets - current		2,064			2,776

Non-current
Depreciation of property and equipment		689			622
Amortization of intangible assets and concession fees		4,440			5,476
Taxable loss arising from a disposal of an equity method investment		217			-
Net operating loss carry forwards		11,063			13,231
Valuation allowance		(8,062	)		(7,575	)
Deferred tax assets - non-current		8,347			11,754

Deferred tax liabilities:
Non-current
Acquired intangible assets		380			361
Total deferred tax liabilities	$	380		$	361

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,
	2011			2012			2013

Net loss before provision for income taxes	$	(12,657	)	$	(29,770	)	$	(13,164	)
PRC statutory tax rate		25	%		25	%		25	%
Income tax at statutory tax rate		(3,164	)		(7,443	)		(3,291	)

Expenses not deductible for tax purposes:
Entertainment expenses exceeded the tax limit		180			315			321
Goodwill impairment		-			5,153			-
Tax effect of tax losses not recognized		-			2,791			346
Tax effect of deductible temporary difference not recognized		-			1,425			1,972
Changes in valuation allowance		3,213			(471	)		(571	)
Effect of preferential tax rates granted to PRC entities		(819	)		(675	)		(1,079	)
Effect of income tax rate difference in other jurisdictions		856			1,398			589
Income tax expenses/(benefits)	$	266		$	2,493		$	(1,713	)
Effective tax rates		(2.1	)%		(8.4	)%		13.0	%

Schedule of Tax Holiday Impact on Earnings Per Share Basic and Diluted

	For the years ended December 31,
	2011		2012		2013

Increase in income tax expenses	$	819	$	675	$	1,079
Decrease in net loss per ordinary share-basic		0.01		0.01		0.01
Decrease in net loss per ordinary share-diluted		0.01		0.01		0.01

NET LOSS PER SHARE (Tables)

12 Months Ended

Dec. 31, 2013

NET LOSS PER SHARE [Abstract]

Schedule of the Calculation of Net Loss per Share

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

	For the years ended December 31,
	2011			2012			2013

Net loss attributable to AirMedia Group Inc.'s ordinary shareholders (numerator)	$	(9,596	)	$	(32,728	)	$	(10,626	)
Shares (denominator):
Weighted average ordinary shares outstanding used in computing net loss per ordinary share - basic		129,537,955			124,269,245			120,386,635
Weighted average ordinary shares outstanding used in computing net loss per ordinary share - diluted ⁽ⁱ⁾		129,537,955			124,269,245			120,386,635
Net loss per ordinary share-basic	$	(0.07	)	$	(0.26	)	$	(0.09	)
Net loss per ordinary share-diluted		(0.07	)		(0.26	)		(0.09	)

(i)

SHARE BASED PAYMENTS (Tables)

12 Months Ended

Dec. 31, 2013

SHARE BASED PAYMENTS [Abstract]

Schedule of Stock Option Activity

The following summary of stock option activity under the 2007, 2011 and 2012 Share Incentive Plan as of December 31, 2012 and 2013, reflective of all modifications is presented below:

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

Outstanding at January 1, 2013		16,721,266		$	1.19	$	1.27
Exercised		(18,400	)		1.15		1.40
Forfeited		(2,047,336	)		1.55		1.19
Outstanding at December 31, 2013		14,655,530			1.14		1.27		2.85		557
Options vested and expected to vest as of December 31, 2013		14,654,776		$	1.14	$	1.23		2.79		557
Options exercisable as of December 31, 2013		13,701,628		$	1.17	$	1.29		2.85		279

Schedule of Stock Option Assumptions

	For the years ended December 31,
	2011		2012		2013

Risk-free interest rate of return		0.00%-0.79%		0.12%-0.34%		0.12%-1.10%
Expected term		0.4-3.1 years		0.07-3.19 years		0.33-4.42 years
Volatility		70.64%-70.74%		67.57%-94.43%		64.75%-94.43%
Dividend yield		-		-		-

COMMITMENTS (Tables)

12 Months Ended

Dec. 31, 2013

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

2014	$	3,522
2015		1,776
2016		49
2017		10
2018		6
	$	5,363

Schedule of Future Minimum Concession Fee Payments

Future minimum concession fee payments under non-cancellable concession right agreements were as follows:

Year

2014	$	182,500
2015		120,557
2016		52,898
2017		30,007
2018		20,762
2019		42,273
	$	448,997

RELATED PARTY TRANSACTIONS (Tables)

12 Months Ended

Dec. 31, 2013

Schedule of Amount Due From/To Related Parties-Trading

(a)

Details of outstanding balances with the Group's related parties as of December 31, 2012 and 2013 were as follows:

Amount due from related parties-trading:

		As of December 31,
Name of related parties	Relationship	2012		2013

BEMC	Equity method investment of the Group	$	1,310	$	187
		$	1,310	$	187

The amount due from BEMC represents the uncollected advertising revenues earned from BEMC as of December 31, 2012 and 2013, respectively.

Amount due to related parties-trading:

		As of December 31,
Name of related parties	Relationship	2012		2013

BEMC	Equity method investment of the Group	$	447	$	-
		$	447	$	-

The amount due to BEMC represents the deposits received for publishing advertisement, which has been paid back as of December 31, 2013.

Schedule of Advertising Revenue Earned

(b)

Details of related party transactions occurred for the years ended December 31, 2011, 2012 and 2013 were as follows:

Advertising revenues earned from:

		For the years ended December 31
Name of related parties	Relationship	2011		2012		2013

BEMC	Equity method investment of the Group	$	179	$	1,852	$	681
Zhangshangtong	Cost method investment of the Group		27		-		-
		$	206	$	1,852	$	681

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

12 Months Ended

Dec. 31, 2013

ADDITIONAL INFORMATION-FINANCIAL STATEMENT SCHEDULE I FINANCIAL INFORMATION OF PARENT COMPANY [Abstract]

Schedule of Parent's Condensed Balance Sheets

AirMedia GROUP INC.

ADDITIONAL INFORMATION-FINANCIAL STATEMENT SCHEDULE I

FINANCIAL INFORMATION OF PARENT COMPANY

BALANCE SHEETS

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

	As of December 31,
	2012			2013
Assets
Current assets
Cash and cash equivalents	$	196		$	14
Investment in subsidiaries		60,514			93,416
Amount due from subsidiaries		181,204			181,245
Other current assets		778			335
TOTAL ASSETS		242,692			275,010

Liabilities
Current liabilities
Amount due to subsidiaries		421			3,652
Accrued expenses and other current liabilities		395			392
Total liabilities		816			4,044

Equity
Ordinary Shares ($0.001 par value; 900,000,000 shares authorized in 2012 and 2013; 127,662,057 shares and 127,662,057 shares issued as of December 31, 2012 and 2013, respectively; 122,112,485 shares and 119,134,135 shares outstanding as of December 31, 2012 and 2013, respectively)		128			128
Additional paid in capital		278,652			313,912
Treasury stock (5,549,572 and 8,527,922 shares as of December 31, 2012 and 2013, respectively)		(7,035	)		(9,860	)
Accumulated deficits		(62,817	)		(73,443	)
Accumulated other comprehensive income		32,948			40,229

Total equity		241,876			270,966

TOTAL LIABILITIES AND EQUITY	$	242,692		$	275,010

Schedule of Parent's Condensed Statements of Operations

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,
	2011			2012			2013
Operating expenses
Selling and marketing	$	(1,421	)	$	(859	)	$	-
General and administrative		(3,471	)		(3,282	)		(2,239	)
Total operating expenses		(4,892	)		(4,141	)		(2,239	)
Investment loss in subsidiaries		(4,795	)		(28,587	)		(8,387	)
Interest income		91			-			-
Net loss attributable to holders of ordinary shares	$	(9,596	)	$	(32,728	)	$	(10,626	)

Schedule of Parents' Condensed Statements of Comprehensive Income/Loss

AirMedia GROUP INC.

ADDITIONAL INFORMATION-FINANCIAL STATEMENT SCHEDULE I

FINANCIAL INFORMATION OF PARENT COMPANY

STATEMENTS OF COMPREHENSIVE INCOME/(LOSS)

(In U.S. dollars in thousands)

	For the years ended December 31,
	2011			2012			2013

Net loss	$	(9,596	)	$	(32,728	)	$	(10,626	)
Other comprehensive income, net of tax:
Change in cumulative foreign currency translation adjustment		12,381			2,214			7,281

Comprehensive income/ (loss) attributable to Parent Company	$	2,785		$	(30,514	)	$	(3,345	)

Schedule of Parent's Condensed Statements of Changes in Equity

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 related data)

																Accumulated
																other
	Ordinary shares						Additional			Treasury			Accumulated			comprehensive		Total
	Shares			Amount			paid in capital			stock			deficits			income		equity

Balance as of January 1, 2011		131,905,011			132			277,676			-			(20,493	)		18,353		275,668
Ordinary shares issued for share based compensation		138,416			-			229			-			-			-		229
Share repurchase		(4,381,370	)		(4	)		(7,369	)		-			-			-		(7,373	)
Treasury stock		(2,414,460	)		-			-			(3,775	)		-			-		(3,775	)
Share-based compensation		-			-			4,614			-			-			-		4,614
Foreign currency translation adjustment		-			-			-			-			-			12,381		12,381
Net loss		-			-			-			-			(9,596	)		-		(9,596	)

Balance as of December 31, 2011		125,247,597		$	128		$	275,150		$	(3,775	)	$	(30,089	)	$	30,734	$	272,148

Ordinary shares issued for share based compensation		137,166			-			-			161			-			-		161
Share repurchase as treasury stock		(3,272,278	)		-			-			(3,421	)		-			-		(3,421	)
Share-based compensation		-			-			3,502			-			-			-		3,502
Foreign currency translation adjustment		-			-			-			-			-			2,214		2,214
Net loss		-			-			-			-			(32,728	)		-		(32,728	)

Balance as of December 31, 2012		122,112,485		$	128		$	278,652		$	(7,035	)	$	(62,817	)	$	32,948	$	241,876

Ordinary shares issued for share based compensation		18,400			-			-			21			-			-		21
Share repurchase as treasury stock		(2,996,750	)		-			-			(2,846	)		-			-		(2,846	)
Share-based compensation		-			-			1,251			-			-			-		1,251
Foreign currency translation adjustment		-			-			-			-			-			7,281		7,281
Capital contribution from non-controlling interests		-			-			39,825			-			-			-		39,825
Acquisition of non-controlling interests		-			-			(5,816	)		-			-			-		(5,816	)
Net loss		-			-			-			-			(10,626	)		-		(10,626	)

Balance as of December 31, 2013		119,134,135		$	128		$	313,912		$	(9,860	)	$	(73,443	)	$	40,229	$	270,966

Schedule of Parent's Condensed Statements of Cash Flows

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,
	2011			2012			2013
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$	(9,596	)	$	(32,728	)	$	(10,626	)
Investment loss in subsidiaries		4,795			28,587			8,387
Share-based compensation		4,614			3,502			1,251

CHANGES IN WORKING CAPITAL ACCOUNTS
Other current assets		16			(597	)		444
Accounts payable		36			(40	)		-
Accrued expenses and other current liabilities		(697	)		(421	)		(3	)
Amount due to subsidiaries		25			265			3,231
Amount due from subsidiaries		482			2,497			(41	)

Net cash (used in) provided by operating activities		(325	)		1,065			2,643

CASH FLOWS FROM INVESTING ACTIVITIES
Payment for contingent consideration in connection with a business combination		(2,966	)		-			-

Net cash used in investing activities		(2,966	)		-			-

CASH FLOWS FROM FINANCING ACTIVITIES
Share repurchase		(7,373	)		-			-
Cash paid for treasury stock		(3,775	)		(3,421	)		(2,846	)
Proceeds from exercises of stock options		229			161			21

Net cash used in financing activities.		(10,919	)		(3,260	)		(2,825	)

Net decrease in cash		(14,210	)		(2,195	)		(182	)
Cash, at beginning of year		16,601			2,391			196

Cash, at end of year	$	2,391		$	196		$	14

ORGANIZATION AND PRINCIPAL ACTIVITIES (Schedule of Companies Subsidiaries and VIE's) (Details)	12 Months Ended
	Dec. 31, 2013
Broad Cosmos Enterprises Ltd. [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%
AirMedia International Limited ("AM 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%
AirMedia (China) Limited ("AM 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%
Excel Lead International Limited ("Excel Lead") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Aug. 01, 2008
Place of incorporation	BVI
Percentage of economic ownership	100.00%
Dominant City Ltd. ("Dominant City") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Jul. 01, 2009
Place of incorporation	BVI
Percentage of economic ownership	100.00%
Easy Shop Ltd. ("Easy Shop") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Jan. 01, 2010
Place of incorporation	BVI
Percentage of economic ownership	100.00%
Glorious Star Investment Limited ("Glorious Star") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Aug. 01, 2008
Place of incorporation	Hong Kong
Percentage of economic ownership	100.00%
AirMedia Technology (Beijing) Co., Ltd. ("AM Technology") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Sep. 19, 2005
Place of incorporation	PRC
Percentage of economic ownership	100.00%
Shenzhen AirMedia Information Technology Co., Ltd. ("Shenzhen AM") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Jun. 06, 2006
Place of incorporation	PRC
Percentage of economic ownership	100.00%
Xi'an AirMedia Chuangyi Technology Co., Ltd. ("Xi'an AM") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Dec. 31, 2007
Place of incorporation	PRC
Percentage of economic ownership	100.00%
Beijing Shengshi Lianhe Advertising Co., Ltd. ("Shengshi Lianhe") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Aug. 07, 2005
Place of incorporation	PRC
Percentage of economic ownership
AirMedia Group Co., Ltd. (Formerly Beijing AirMedia Advertising Co., Ltd.) ("AM Advertising") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Nov. 22, 2005
Place of incorporation	PRC
Percentage of economic ownership
Beijing AirMedia UC Advertising Co., Ltd. ("AirMedia UC") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Jan. 01, 2007
Place of incorporation	PRC
Percentage of economic ownership
Beijing Yuehang Digital Media Advertising Co., Ltd. ("AM Yuehang") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Jan. 16, 2008
Place of incorporation	PRC
Percentage of economic ownership
AirTV United Media & Culture Co., Ltd. ("AirTV United") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Oct. 10, 2006
Place of incorporation	PRC
Percentage of economic ownership
Beijing AirMedia Film & TV Culture Co., Ltd. ("AM Film") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Sep. 13, 2007
Place of incorporation	PRC
Percentage of economic ownership
Flying Dragon Media Advertising Co., Ltd. ("Flying Dragon") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Aug. 01, 2008
Place of incorporation	PRC
Percentage of economic ownership
Wenzhou AirMedia Advertising Co., Ltd. ("AM Wenzhou") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Oct. 17, 2008
Place of incorporation	PRC
Percentage of economic ownership
Beijing Weimei Lianhe Advertising Co., Ltd. ("Weimei Lianhe") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Mar. 10, 2009
Place of incorporation	PRC
Percentage of economic ownership
Hainan Jinhui Guangming Media Advertising Co., Ltd. ("Hainan Jinhui") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Jun. 23, 2009
Place of incorporation	PRC
Percentage of economic ownership
Beijing AirMedia Jiaming Film & TV Culture Co., Ltd. (Formerly Beijing Youtong Hezhong Advertising Media Co., Ltd.) ("AM Jiaming") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Jul. 01, 2009
Place of incorporation	PRC
Percentage of economic ownership
Beijing AirMedia Advertising Co., Ltd. (Formly Beijing AirMedia Jinshi Advertising Co., Ltd.) ("AM Jinshi") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Jul. 07, 2009
Place of incorporation	PRC
Percentage of economic ownership
Tianjin AirMedia Jinshi Advertising Co., Ltd. ("TJ Jinshi") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Sep. 08, 2009
Place of incorporation	PRC
Percentage of economic ownership
Tianjin AirMedia Advertising Co., Ltd. ("TJ AM") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Sep. 21, 2009
Place of incorporation	PRC
Percentage of economic ownership
AirMedia City (Beijing) Outdoor Advertising Co., Ltd. ("AM Outdoor") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Jan. 01, 2010
Place of incorporation	PRC
Percentage of economic ownership
Beijing Dongding Gongyi Advertising Co., Ltd. ("Dongding") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Feb. 01, 2010
Place of incorporation	PRC
Percentage of economic ownership
Beijing GreatView Media Advertising Co., Ltd. (Formerly Beijing Weimei Shengjing Media Advertising Co., Ltd.) ("GreatView Media") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Apr. 28, 2011
Place of incorporation	PRC
Percentage of economic ownership
Beijing AirMedia Jinsheng Advertising Co., Ltd. ("AM Jinsheng") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Apr. 28, 2011
Place of incorporation	PRC
Percentage of economic ownership
Guangzhou Meizheng Advertising Co., Ltd. ("Guangzhou Meizheng") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	May 17, 2013
Place of incorporation	PRC
Percentage of economic ownership
Beijing AirMedia Tianyi Advertising Co., Ltd. ("AM Tianyi") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Sep. 25, 2013
Place of incorporation	PRC
Percentage of economic ownership

ORGANIZATION AND PRINCIPAL ACTIVITIES (Schedule of VIE's Consolidated Balance Sheets) (Details) - USD ($) $ in Thousands	Dec. 31, 2013	Dec. 31, 2012
Variable Interest Entity [Line Items]
Total current assets	$ 275,104	$ 261,425
TOTAL ASSETS	402,791	343,867
Total current liabilities	111,087	104,052
Total liabilities	111,448	104,432
AirMedia's VIEs [Member]
Variable Interest Entity [Line Items]
Total current assets	208,255	201,088
Total non-current assets	108,677	27,499
TOTAL ASSETS	316,932	228,587
Total current liabilities	101,027	98,973
Total non-current liabilities	361	380
Total liabilities	101,388	99,353
Non VIE [Member]
Variable Interest Entity [Line Items]
Total current assets	66,849	60,337
Total non-current assets	19,010	54,943
TOTAL ASSETS	85,859	115,280
Total current liabilities	10,060	5,079
Total liabilities	$ 10,060	$ 5,079

ORGANIZATION AND PRINCIPAL ACTIVITIES (Schedule of VIE's Consolidated Statement of Operations) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Variable Interest Entity [Line Items]
Net revenues	$ 272,266	$ 286,742	$ 270,624
Net income (loss)	(11,520)	(32,241)	(12,680)
Net cash (used in) provided by operating activities	537	20,230	17,932
Net cash used in investing activities	(70,466)	(57,006)	(5,192)
Net cash provided by financing activities	$ 54,311	$ (3,260)	$ (10,919)
Percentage of VIE's net revenue as of consolidated net revenues	99.70%	100.00%	99.40%
Percentage of VIE's total assets as of consolidated total assets	78.70%	66.50%	68.60%
Percentage of VIE's total liabilities as of consolidated total liabilities	91.00%	95.10%	95.60%
AirMedia's VIEs [Member]
Variable Interest Entity [Line Items]
Net revenues	$ 271,536	$ 286,641	$ 268,866
Net income (loss)	(13,552)	(31,771)	(2,543)
Net cash (used in) provided by operating activities	8,132	(8,587)	5,251
Net cash used in investing activities	(70,653)	(7,700)	(538)
Net cash provided by financing activities	58,763
Non VIE [Member]
Variable Interest Entity [Line Items]
Net revenues	730	101	1,758
Net income (loss)	2,032	(470)	(10,137)
Net cash (used in) provided by operating activities	(15,877)	28,817	12,681
Net cash used in investing activities	6,842	(49,306)	(4,654)
Net cash provided by financing activities	$ (2,825)	$ (3,260)	$ (10,919)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Significant Accounting Policies [Line Items]
Revenue from nonmonetary transactions	$ 656	$ 1,287	$ 2,823
Sales related tax, percentage of total revenue	8.50%
VAT rate	6.00%
VAT, gross revenue	$ 21,524	8,785
Agency fee reversal	3,329	6,407
Advertising expenses	1,039	767	288
Government subsidies	$ 1,395	$ 210	$ 268
Revenues [Member] \| Customer A [Member]
Significant Accounting Policies [Line Items]
Concentration risk, percentage	6.70%	11.20%	6.90%
Accounts Receivable [Member] \| Customer B [Member]
Significant Accounting Policies [Line Items]
Concentration risk, percentage	10.40%	7.90%
Accounts Receivable [Member] \| Customer C [Member]
Significant Accounting Policies [Line Items]
Concentration risk, percentage	5.40%	15.30%
Minimum [Member]
Significant Accounting Policies [Line Items]
VAT rate	3.00%
Maximum [Member]
Significant Accounting Policies [Line Items]
VAT rate	6.00%
Concession Fees [Member] \| Minimum [Member]
Significant Accounting Policies [Line Items]
Estimated useful lives	3 years
Concession Fees [Member] \| Maximum [Member]
Significant Accounting Policies [Line Items]
Estimated useful lives	5 years

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Schedule of Estimated Useful Lives of Property and Equipment) (Details)	12 Months Ended
	Dec. 31, 2013
Digital display network equipment [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	5 years
Gas station display network equipment [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	5 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
Property [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	50 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, 2013
TV program license [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives	20 years
Audio-vision programming and 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 21 days
Contract backlog [Member] \| Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives	1 year 2 months 10 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 13 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 21 days

SEGMENT INFORMATION AND REVENUE ANALYSIS (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Digital frames in airports [Member]
Products and Services [Line Items]
Gross revenues	$ 152,346	$ 137,342	$ 126,539
Digital TVscreens in airports [Member]
Products and Services [Line Items]
Gross revenues	14,110	13,731	21,937
Digital TV screens on airplanes [Member]
Products and Services [Line Items]
Gross revenues	16,160	26,612	26,734
Traditional media in airports [Member]
Products and Services [Line Items]
Gross revenues	64,845	83,478	73,535
Other revenues in air travel [Member]
Products and Services [Line Items]
Gross revenues	9,183	7,346	6,416
Gas Station Media Network [Member]
Products and Services [Line Items]
Gross revenues	12,726	14,217	12,873
Other Media [Member]
Products and Services [Line Items]
Gross revenues	$ 7,146	$ 10,239	$ 9,787

SHORT-TERM INVESTMENTS (Details) - USD ($) $ in Thousands	Dec. 31, 2013	Dec. 31, 2012
Schedule of Investments [Line Items]
Short-term investment	$ 42,949	$ 44,622
Minimum [Member]
Schedule of Investments [Line Items]
Annual rate	2.00%
Maximum [Member]
Schedule of Investments [Line Items]
Annual rate	6.00%

LONG-TERM INVESTMENTS (Narrative) (Details) - USD ($) $ in Thousands	1 Months Ended			12 Months Ended
	Dec. 17, 2013	Sep. 30, 2013	Feb. 15, 2012	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Dec. 25, 2013	Apr. 18, 2012	Jun. 30, 2010	Mar. 18, 2008
Schedule of Equity Method Investments [Line Items]
Dividend received from equity method investee				$ 686
BEMC [Member]
Schedule of Equity Method Investments [Line Items]
Ownership percentage				49.00%	49.00%
Registered capital										$ 2,119
Dividend received from equity method investee		$ 1,401
Shibo Movie [Member]
Schedule of Equity Method Investments [Line Items]
Ownership percentage				50.00%	50.00%
Registered capital			$ 1,558
Xinghe Union [Member]
Schedule of Equity Method Investments [Line Items]
Ownership percentage				50.00%	50.00%
Registered capital			$ 1,558
Guangxi Dingyuan [Member]
Schedule of Equity Method Investments [Line Items]
Ownership percentage				40.00%	40.00%
Registered capital								$ 1,605
AM Guangying [Member]
Schedule of Equity Method Investments [Line Items]
Ownership percentage				48.00%
Registered capital							$ 1,871
Yunxing Chuangrong [Member]
Schedule of Equity Method Investments [Line Items]
Ownership percentage				50.00%
Registered capital	$ 4,956
China Eastern Media Corporation [Member] \| BEMC [Member]
Schedule of Equity Method Investments [Line Items]
Ownership percentage										51.00%
Beijing NS Digital TV Co [Member] \| Shibo Movie [Member]
Schedule of Equity Method Investments [Line Items]
Ownership percentage			50.00%
Capital contribution			$ 794
Beijing NS Digital TV Co [Member] \| Xinghe Union [Member]
Schedule of Equity Method Investments [Line Items]
Ownership percentage			50.00%
Capital contribution			$ 794
Asiaray [Member] \| Guangxi Dingyuan [Member]
Schedule of Equity Method Investments [Line Items]
Ownership percentage								40.00%
Guangxi Civil Aviation [Member] \| Guangxi Dingyuan [Member]
Schedule of Equity Method Investments [Line Items]
Ownership percentage								20.00%
Zhejiang Tianguang Diying Production Co., Ltd. [Member] \| AM Guangying [Member]
Schedule of Equity Method Investments [Line Items]
Ownership percentage							52.00%
Hainan Airlines Culture Co., Ltd. [Member] \| Yunxing Chuangrong [Member]
Schedule of Equity Method Investments [Line Items]
Ownership percentage	50.00%
Capital contribution	$ 2,478
The Group [Member] \| BEMC [Member]
Schedule of Equity Method Investments [Line Items]
Ownership percentage										49.00%
Dividend received from equity method investee		$ 686
The Group [Member] \| Shibo Movie [Member]
Schedule of Equity Method Investments [Line Items]
Ownership percentage			50.00%
Capital contribution			$ 794
The Group [Member] \| Xinghe Union [Member]
Schedule of Equity Method Investments [Line Items]
Ownership percentage			50.00%
Capital contribution			$ 794
The Group [Member] \| Guangxi Dingyuan [Member]
Schedule of Equity Method Investments [Line Items]
Ownership percentage								40.00%
The Group [Member] \| AM Guangying [Member]
Schedule of Equity Method Investments [Line Items]
Ownership percentage							48.00%
The Group [Member] \| Yunxing Chuangrong [Member]
Schedule of Equity Method Investments [Line Items]
Ownership percentage	50.00%
Capital contribution	$ 2,478
The Group [Member] \| Zhangshangtong [Member]
Schedule of Equity Method Investments [Line Items]
Ownership percentage									20.00%
Cash consideration of cost method investment									$ 367

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

Dec. 31, 2013

Dec. 31, 2012

Schedule of Equity Method Investments [Line Items]

Carrying value

$ 7,416

$ 3,937

BEMC [Member]

Schedule of Equity Method Investments [Line Items]

Ownership percentage

49.00%

Carrying value

$ 1,743

^[1]

$ 2,063

Shibo Movie [Member]

Schedule of Equity Method Investments [Line Items]

Ownership percentage

50.00%

Carrying value

$ 455

^[2]

$ 612

Xinghe Union [Member]

Schedule of Equity Method Investments [Line Items]

Ownership percentage

50.00%

Carrying value

$ 370

^[2]

$ 604

Guangxi Dingyuan [Member]

Schedule of Equity Method Investments [Line Items]

Ownership percentage

40.00%

Carrying value

$ 718

^[3]

$ 658

AM Guangying [Member]

Schedule of Equity Method Investments [Line Items]

Ownership percentage

48.00%

Carrying value

$ 1,652

^[4]

Yunxing Chuangrong [Member]

Schedule of Equity Method Investments [Line Items]

Ownership percentage

50.00%

Carrying value

$ 2,478

^[5]

[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 total paid-in capital of BEMC was $2,119, which was contributed by both parties proportionately. In September 2013, BEMC distributed dividend of $1,401, in which $686 was paid to the Group.
[2]	On February 15, 2012 and March 13, 2012, the Group and Beijing N-S Digital TV Co., Ltd. ("N-S Digital TV") established two joint ventures, Shibo Movie and Xinghe Union, respectively. The registered capital of Shibo Movie and Xinghe Union was $1,558 each. The Group and N-S Digital TV each contributed $794, representing 50% of the equity interest in each Shibo Movie and Xinghe Union. Shibo Movie is engaged in movie technology development and consulting services, and Xinghe Union is engaged in movie and TV series investment and publishing, advertisement design and production. These joint ventures were established pursuant to a framework agreement entered into with Beijing Super TV Co., Ltd. ("Super TV") in June 2011 and the supplemental agreement entered into with Super TV and N-S Digital TV in January 2012.
[3]	In April 2012, The Group entered into an agreement with Asiaray Advertising Media Ltd. ("Asiaray") and Guangxi Civil Aviation Development Co., Ltd. ("Guangxi Civil Aviation") to establish a joint venture, Guangxi Dingyuan. Guangxi Dingyuan was incorporated on April 18, 2012 with total contributed capital of $1,605, of which 20%, 40% and 40% of that amount was contributed by Guangxi Civil Aviation, Asiaray and the Group, respectively. Guangxi Dingyuan exclusively operates various media resources in four airports in China's Guangxi province.
[4]	In December 2013, the Group entered into an agreement with Zhejiang Tianguang Diying Production Co., Ltd. to establish a joint venture, AM Guangying. AM Guangying was incorporated on December 25, 2013 with total contributed capital of $1,871, of which 52% and 48% of that amount was contributed by Zhejiang Tianguang Diying Production Co., Ltd. and the Group, respectively. AM Guangying is mainly engaged in film production.
[5]	In December 2013, the Group entered into an agreement with Hainan Airlines Culture Co., Ltd. ("Hainan Airlines") to establish a joint venture, Yunxing Chuangrong. Yunxing Chuangrong was registered on December 17, 2013 with total contributed capital of $4,956. The Group and Hainan Airlines each contributed $2,478, representing 50% of the equity interest. Yunxing Chuangrong is established for fund raising as to in-flight internet business.

ACCOUNTS RECEIVABLE, NET (Schedule of Accounts Receivable, Net) (Details) - USD ($) $ in Thousands	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
ACCOUNTS RECEIVABLE, NET [Abstract]
Billed receivable	$ 64,031	$ 61,760
Unbilled receivable	50,719	44,071
Accounts receivable, gross	114,750	105,831
Less: Allowance for doubtful accounts	(7,221)	(4,609)	$ (3,288)	$ (17,646)
Accounts receivable, net	$ 107,529	$ 101,222

ACCOUNTS RECEIVABLE, NET (Schedule of Allowance for Doubtful Accounts) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
ACCOUNTS RECEIVABLE, NET [Abstract]
Balance at beginning of the year	$ 4,609	$ 3,288	$ 17,646
Charge to expenses	2,439	1,242	2,044
Write off		34	(17,279)
Exchange adjustment	173	45	877
Balance at end of the year	$ 7,221	$ 4,609	$ 3,288

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

12 Months Ended

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2011

OTHER CURRENT ASSETS [Abstract]

Input VAT receivable

$ 12,800

$ 1,955

Investment in films and TV Series

^[1]

3,634

Prepaid income tax

684

Prepaid agency fees

538

262

Advances to employees

428

418

Short-term deposits

449

1,588

Other assets from nonmonetary transactions

^[2]

182

1,736

Interest receivable

422

438

Loan receivable from a third party

^[3]

1,732

Other prepaid expenses

1,300

1,659

Total other current assets

$ 20,437

9,788

Loan receivable, interest rate

15.00%

Loan receivable from a third party

$ 329

$ (1,579)

[1]	Investment in films and TV Series represents the amounts invested in films and TV Series produced by other companies. The Group 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, however it does not own any copy right. Amounts related to the films and TV Series that are expected to release within one year from December 31, 2013 are recorded as current assets. Amounts related to films and TV Series that are expected to release after one year from December 31, 2013 are recorded as other non-current assets.
[2]	Other assets from nonmonetary transactions primarily consist of exchanged golf club membership cards and vehicles, etc. for the year 2012 and 2013, respectively.
[3]	Loan receivable is related to amounts lent to a third party company for corporation on a TV series with stated term of one year and annual interest rate of 15%, which have been received with amounts of $329 and impaired the remaining amounts by December 31, 2013.

LONG-TERM DEPOSITS (Details) - USD ($) $ in Thousands	12 Months Ended
LONG-TERM DEPOSITS (Details) - USD ($) $ in Thousands	Dec. 31, 2013	Dec. 31, 2012
Long Term Deposits [Line Items]
Concession fee deposits	$ 19,780	$ 21,633
Office rental deposits	717	674
Total long-term deposits	$ 20,497	$ 22,307
Minimum [Member]
Long Term Deposits [Line Items]
Concession fee deposit term	3 years
Office rental deposits, term	2 years
Maximum [Member]
Long Term Deposits [Line Items]
Concession fee deposit term	5 years
Office rental deposits, term	3 years

ACQUIRED INTANGIBLE ASSETS, NET (Details) - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2011

Finite-Lived Intangible Assets [Line Items]

Gross carrying amount

$ 27,720

$ 26,228

Accumulated Amortization

(16,252)

(14,968)

Accumulated Impairment

^[1]

(10,022)

(9,739)

Net carrying amount

1,446

1,521

Impairment of intangible assets

9,583

$ 656

Amortization expense

836

2,635

$ 3,791

Expected Amortization Expenses-2014

619

292

292

146

TV program license [Member]

Finite-Lived Intangible Assets [Line Items]

Gross carrying amount

6,372

6,192

Accumulated Amortization

(1,903)

(1,850)

Accumulated Impairment

^[1]

(4,469)

(4,342)

Net carrying amount

Audio-vision programming and broadcasting qualification [Member]

Finite-Lived Intangible Assets [Line Items]

Gross carrying amount

229

223

Accumulated Amortization

(39)

(38)

Accumulated Impairment

^[1]

(190)

(185)

Net carrying amount

Customer relationships [Member]

Finite-Lived Intangible Assets [Line Items]

Gross carrying amount

1,553

1,509

Accumulated Amortization

(1,490)

(1,447)

Accumulated Impairment

^[1]

(63)

(62)

Net carrying amount

Contract backlog [Member]

Finite-Lived Intangible Assets [Line Items]

Gross carrying amount

2,035

1,977

Accumulated Amortization

(2,003)

(1,946)

Accumulated Impairment

^[1]

(32)

(31)

Net carrying amount

Concession agreements [Member]

Finite-Lived Intangible Assets [Line Items]

Gross carrying amount

17,337

16,138

Accumulated Amortization

(10,633)

(9,508)

Accumulated Impairment

^[1]

(5,258)

(5,109)

Net carrying amount

1,446

1,521

Non-compete agreements [Member]

Finite-Lived Intangible Assets [Line Items]

Gross carrying amount

194

189

Accumulated Amortization

(184)

(179)

Accumulated Impairment

^[1]

(10)

Net carrying amount

[1]

GOODWILL (Details) - USD ($) $ in Thousands	12 Months Ended
GOODWILL (Details) - USD ($) $ in Thousands	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Goodwill [Line Items]
Beginning balance		$ 20,734
Exchange differences		(123)
Impairment of goodwill		(20,611)	$ (1,003)
Ending balance			$ 20,734
Flying Dragon [Member]
Goodwill [Line Items]
Impairment of goodwill		(8,131)
AM Outdoor [Member]
Goodwill [Line Items]
Impairment of goodwill		(7,553)
AM Jiaming [Member]
Goodwill [Line Items]
Impairment of goodwill		$ (4,727)

PROPERTY AND EQUIPMENT, NET (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Property, Plant and Equipment [Line Items]
Property and equipment	$ 122,415	$ 124,771
Less: accumulated depreciation and amortization	(86,331)	(78,841)
Property and equipment, net	36,084	45,930
Depreciation and amortization	21,026	21,398	$ 21,347
Digital display network equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment	90,053	89,327
Gas station display network equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment	10,686	14,802
Furniture and fixture [Member]
Property, Plant and Equipment [Line Items]
Property and equipment	882	847
Computer and office equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment	2,999	2,626
Vehicle [Member]
Property, Plant and Equipment [Line Items]
Property and equipment	1,406	1,219
Software [Member]
Property, Plant and Equipment [Line Items]
Property and equipment	10,656	10,355
Property [Member]
Property, Plant and Equipment [Line Items]
Property and equipment	4,368	4,244
Leasehold improvement [Member]
Property, Plant and Equipment [Line Items]
Property and equipment	$ 1,365	$ 1,351

PREPAID EQUIPMENT COST (Details) ¥ in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2013 USD ($)	Dec. 31, 2012 USD ($)	Dec. 31, 2011 USD ($)	May 12, 2013 USD ($)	May 12, 2013 CNY (¥)
Schedule Of Prepaid Equipment Cost [Line Items]
Capital contribution from non-controlling interests	$ 59,438
Prepaid equipment costs	56,996
Elec-Tech [Member]
Schedule Of Prepaid Equipment Cost [Line Items]
Capital contribution from non-controlling interests	57,217
Prepaid equipment costs	49,415
Elec-Tech [Member] \| Additional Paid-in Capital [Member]
Schedule Of Prepaid Equipment Cost [Line Items]
Capital contribution from non-controlling interests	$ 56,113
Elec-Tech [Member] \| GreatView Media [Member]
Schedule Of Prepaid Equipment Cost [Line Items]
Investment commitment				$ 104,000	¥ 640,000
Equity interest - related party				21.27%	21.27%

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES (Details) - USD ($) $ in Thousands	Dec. 31, 2013	Dec. 31, 2012
ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES [Abstract]
Accrued payroll and welfare	$ 4,469	$ 4,766
Deposit payable	1,203	698
Other tax payable	2,942	2,802
Deferred income from ADS depositary	112	364
Accrued staff disbursement	1,103	824
Accrued professional fees	388	213
Accrued dividends to non-controlling shareholders of Flying Dragon		663
Other liabilities	666	669
Total accrued expenses and other current liabilities	$ 10,883	$ 10,999

INCOME TAXES (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended			36 Months Ended
INCOME TAXES (Narrative) (Details) - USD ($) $ in Thousands	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2013
Income Taxes [Line Items]
PRC statutory tax rate	25.00%	25.00%	25.00%
Net operating loss carry forward	$ 52,175			$ 52,175
Enterprise Income Tax [Member]
Income Taxes [Line Items]
PRC statutory tax rate	25.00%
AM Technology [Member] \| PRC Enterprise Income Tax [Member]
Income Taxes [Line Items]
PRC statutory tax rate	15.00%	15.00%	15.00%
Preferential tax rate	15.00%
Shenzhen AM [Member] \| PRC Enterprise Income Tax [Member]
Income Taxes [Line Items]
PRC statutory tax rate	25.00%	25.00%	24.00%
Preferential tax rate	25.00%	12.50%	12.00%
Hainan Jinhui [Member] \| PRC Enterprise Income Tax [Member]
Income Taxes [Line Items]
PRC statutory tax rate	25.00%	25.00%	24.00%
Xi'an AM [Member] \| PRC Enterprise Income Tax [Member]
Income Taxes [Line Items]
PRC statutory tax rate	25.00%
Tax exempt period	2 years
Preferential tax rate				12.50%

INCOME TAXES (Schedule of Income Tax Benefits/(Expenses)) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
INCOME TAXES [Abstract]
Current	$ (2,250)	$ (4,324)	$ (1,585)
Deferred	3,963	1,831	1,319
Total	$ 1,713	$ (2,493)	$ (266)

INCOME TAXES (Schedule of Deferred Income Tax Assets and Liabilities) (Details) - USD ($) $ in Thousands	Dec. 31, 2013	Dec. 31, 2012
INCOME TAXES [Abstract]
Allowance for doubtful accounts	$ 2,003	$ 1,338
Accrued payroll	1,046	1,107
Employee education fee excess	24
Valuation allowance	(297)	(381)
Deferred tax assets - current	2,776	2,064
Depreciation of property and equipment	622	689
Amortization of intangible assets and concession fees	5,476	4,440
Taxable loss arising from a disposal of an equity method investment		217
Net operating loss carry forwards	13,231	11,063
Valuation allowance	(7,575)	(8,062)
Deferred tax assets - non-current	11,754	8,347
Acquired intangible assets	361	380
Total deferred tax liabilities	$ 361	$ 380

INCOME TAXES (Schedule of Reconciliation of Effective Income Tax Rate) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
INCOME TAXES [Abstract]
Net loss before provision for income taxes	$ (13,164)	$ (29,770)	$ (12,657)
PRC statutory tax rate	25.00%	25.00%	25.00%
Income tax at statutory tax rate	$ (3,291)	$ (7,443)	$ (3,164)
Entertainment expenses exceeded the tax limit	321	315	180
Goodwill impairment		5,153
Tax effect of tax losses not recognized	346	2,791
Tax effect of deductible temporary difference not recognized	1,972	1,425
Changes in valuation allowance	(571)	(471)	3,213
Effect of preferential tax rates granted to PRC entities	(1,079)	(675)	(819)
Effect of income tax rate difference in other jurisdictions	589	1,398	856
Income tax (benefits)/expenses	$ (1,713)	$ 2,493	$ 266
Effective tax rates	13.00%	(8.40%)	(2.10%)

INCOME TAXES (Schedule of VIE's Net Loss Per Share Amounts) (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
INCOME TAXES [Abstract]
Increase in income tax expenses	$ 1,079	$ 675	$ 819
Decrease in net loss per ordinary share-basic	$ 0.01	$ 0.01	$ 0.01
Decrease in net loss per ordinary share-diluted	$ 0.01	$ 0.01	$ 0.01

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

12 Months Ended

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2011

NET LOSS PER SHARE [Abstract]

Net loss attributable to holders of ordinary shares

$ (10,626)

$ (32,728)

$ (9,596)

Weighted average ordinary shares outstanding used in computing net loss per ordinary share - basic

120,386,635

124,269,245

129,537,955

Weighted average ordinary shares outstanding used in computing net loss per ordinary share - diluted

^[1]

120,386,635

124,269,245

129,537,955

Net loss per ordinary share-basic

$ (0.09)

$ (0.26)

$ (0.07)

Net loss per ordinary share-diluted

$ (0.09)

$ (0.26)

$ (0.07)

Weighted average number of anti-dilutive shares outstanding

15,694,086

15,747,929

15,269,198

[1]

- Definition

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

+ References + Details

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Net Income
-URI http://asc.fasb.org/extlink&oid=6518256

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3602-108585

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04.19)
-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.18)
-URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04.22)
-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Other Comprehensive Income
-URI http://asc.fasb.org/extlink&oid=6519514

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=28358780&loc=d3e565-108580

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 03
-Paragraph 19
-Article 5

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Paragraph 20
-Article 9

+ Details

SHARE BASED PAYMENTS (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands						1 Months Ended					12 Months Ended			13 Months Ended
	Oct. 10, 2012	Sep. 01, 2012	Jun. 07, 2011	Jul. 10, 2009	Jul. 02, 2007	Nov. 30, 2012	Aug. 23, 2011	Mar. 22, 2011	Nov. 29, 2007	Jul. 20, 2007	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Sep. 22, 2013	Mar. 18, 2011	Dec. 29, 2008
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options outstanding											14,655,530	16,721,266
Options exercisable											13,701,628
Options vested and expected to vest											14,654,776
Share-based compensation expense											$ 1,251	$ 3,502	$ 4,614
Intrinsic value of options exercised during the period											3	66	54
Fair value of options vested											1,476	3,503	$ 3,664
Unrecognized compensation cost											$ 427
Unrecognized compensation cost, period for recognition											1 year 4 months 21 days
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				20,000
Exercise price		$ 0.72				$ 1.11
Contract life		5 years
Granted, Weighted average grant-date fair value	$ 0.33
Options vested immediately						20,000
Incremental compensation cost												449
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					$ 2.30
Expiration date of options													Mar. 22, 2014
Granted, Weighted average grant-date fair value			$ 0.75					$ 0.53
Incremental compensation cost			$ 314
2011 stock incentive plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized															2,000,000
Exercise price							$ 1.15
Contract life								10 years
Granted, Weighted average grant-date fair value				$ 0.39	$ 0.21				$ 0.26	$ 0.22
Incremental compensation cost							$ 1,259
Share-based compensation expense							$ 950
2011 stock incentive plan [Member] \| Senior Executive Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted								600,000
Expiration date of options													Sep. 22, 2013
Options vested														200,000
Options exercisable								100,000
Options vested and expected to vest								200,000
Share-based compensation expense								$ 35			$ 59	$ 19	$ 1,046
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						60,000
Exercise price						$ 1.11

SHARE BASED PAYMENTS (Schedule of Stock Option Activity) (Details) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2013 USD ($) $ / shares shares
Number of options
Outstanding at beginning of the year \| shares	16,721,266
Exercised \| shares	(18,400)
Forfeited \| shares	(2,047,336)
Outstanding at end of the year \| shares	14,655,530
Options vested and expected to vest as of December 31, 2013 \| shares	14,654,776
Options exercisable as of December 31, 2013 \| shares	13,701,628
Weighted average exercise price per option
Outstanding at beginning of the year	$ 1.19
Exercised	1.15
Forfeited	1.55
Outstanding at end of the year	1.14
Options vested and expected to vest as of December 31, 2013	1.14
Options exercisable as of December 31, 2013	1.17
Weighted average grant-date fair value
Outstanding at the beginning of the year	1.27
Exercised	1.40
Forfeited	1.19
Outstanding at end of the year	1.27
Options vested and expected to vest as of December 31, 2013	1.23
Options exercisable as of December 31, 2013	$ 1.29
Weighted average remaining contractual terms
Outstanding at December 31, 2013	2 years 10 months 6 days
Options vested and expected to vest as of December 31, 2013	2 years 9 months 15 days
Options exercisable as of December 31, 2013	2 years 10 months 6 days
Aggregate intrinsic value
Outstanding at December 31, 2013 \| $	$ 557
Options vested and expected to vest as of December 31, 2013 \| $	557
Options exercisable as of December 31, 2013 \| $	$ 279

SHARE BASED PAYMENTS (Schedule of Stock Option Assumptions) (Details)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Dividend yield
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate of return	0.12%	0.12%	0.00%
Expected term	3 months 29 days	25 days	4 months 21 days
Volatility	64.75%	67.57%	70.64%
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate of return	1.10%	0.34%	0.79%
Expected term	4 years 5 months 1 day	3 years 2 months 10 days	3 years 1 month 5 days
Volatility	94.43%	94.43%	70.74%

FAIR VALUE MEASUREMENT (Details) - USD ($) $ in Thousands	12 Months Ended
FAIR VALUE MEASUREMENT (Details) - USD ($) $ in Thousands	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
FAIR VALUE MEASUREMENT [Abstract]
Impairment of intangible assets		$ 9,583	$ 656
Impairment of goodwill		$ 20,611	$ 1,003

SHARE REPURCHASE PLAN (Details) - American Depositary Shares [Member] - USD ($) $ in Thousands	1 Months Ended		12 Months Ended
	Sep. 26, 2012	Mar. 21, 2011	Dec. 31, 2013
Class of Stock [Line Items]
ADSs authorized for repurchase	$ 40,000	$ 20,000
Stock repurchase program, period	2 years	2 years
Number of ADSs repurchased			6,532,429
Shares repurchased, amount			$ 17,400
Share repurchase, ADSs			2,190,685
Treasury stock, ADSs			4,341,744

MAINLAND CHINA CONTRIBUTION PLAN (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
MAINLAND CHINA CONTRIBUTION PLAN [Abstract]
Contribution to employee benefits	$ 4,412	$ 3,425	$ 2,955

STATUTORY RESERVES (Details) - USD ($) $ in Thousands	Dec. 31, 2013	Dec. 31, 2012
STATUTORY RESERVES [Abstract]
Provision for Statutory Reserves	$ 824	$ 2,095

RESTRICTED NET ASSETS (Details) $ in Thousands	Dec. 31, 2013 USD ($)
RESTRICTED NET ASSETS [Abstract]
Restricted net assets	$ 358,417
Restricted assets attributable to VIEs	159,658
Restricted assets attribute to PIC and Statutory reserves of WFOE	$ 198,759

COMMITMENTS (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
COMMITMENTS (Narrative) (Details) - USD ($) $ in Thousands	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Commitments [Line Items]
Rent expense	$ 3,312	$ 2,668	$ 2,528
Concession fees	180,990	$ 177,996	$ 106,199
Capital commitments due 2014	52,440
Capital commitments due 2015	$ 296
Minimum [Member]
Commitments [Line Items]
Concession rights, contract term	3 years
Maximum [Member]
Commitments [Line Items]
Concession rights, contract term	5 years

COMMITMENTS (Schedule of Future Minimum Rental Lease Payments) (Details) $ in Thousands	Dec. 31, 2013 USD ($)
COMMITMENTS [Abstract]
2014	$ 3,522
2015	1,776
2016	49
2017	10
2018	6
Total	$ 5,363

COMMITMENTS (Schedule of Future Minimum Concession Fee Payments) (Details) $ in Thousands	Dec. 31, 2013 USD ($)
COMMITMENTS [Abstract]
2014	$ 182,500
2015	120,557
2016	52,898
2017	30,007
2018	20,762
2019	42,273
Total	$ 448,997

CONTINGENT LIABILITIES (Details) $ in Thousands	Dec. 31, 2013 USD ($)
CONTINGENT LIABILITIES [Abstract]
Potential administrative fine	$ 5

RELATED PARTY TRANSACTIONS (Schedule of Amount Due to/from Related Parties-Trading) (Details) - USD ($) $ in Thousands	Dec. 31, 2013	Dec. 31, 2012
Related Party Transaction [Line Items]
Amount due from related parties-trading	$ 187	$ 1,310
Amount due to related parties-trading		447
BEMC [Member]
Related Party Transaction [Line Items]
Amount due from related parties-trading	187	1,310
Amount due to related parties-trading		$ 447

RELATED PARTY TRANSACTIONS (Schedule of Revenues and Purchases) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Related Party Transaction [Line Items]
Advertising revenues	$ 681	$ 1,852	$ 206
BEMC [Member]
Related Party Transaction [Line Items]
Advertising revenues	681	1,852	179
Zhangshangtong [Member]
Related Party Transaction [Line Items]
Advertising revenues			$ 27

ADDITIONAL INFORMATION-FINANCIAL STATEMENT SCHEDULE I FINANCIAL INFORMATION OF PARENT COMPANY (Schedule of Parent Company Balance Sheets) (Details) - USD ($) $ in Thousands	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Current assets:
Other current assets	$ 20,437	$ 9,788
TOTAL ASSETS	402,791	343,867
Current liabilities:
Accrued expenses and other current liabilities	10,883	10,999
Total liabilities	111,448	104,432
Equity
Ordinary Shares ($0.001 par value; 900,000,000 shares authorized in 2012 and 2013; 127,662,057 shares and 127,662,057 shares issued as of December 31, 2012 and 2013, respectively; 122,112,485 shares and 119,134,135 shares outstanding as of December 31, 2012 and 2013, respectively)	128	128
Additional paid-in capital	313,912	278,652
Treasury stock (5,549,572 and 8,527,922 shares as of December 31, 2012 and 2013, respectively)	(9,860)	(7,035)
Accumulated deficits	(84,411)	(72,961)
Accumulated other comprehensive income	40,229	32,948
Total equity	291,343	239,435	$ 270,058	$ 276,716
TOTAL LIABILITIES AND EQUITY	402,791	343,867
AirMedia Group Inc. [Member]
Current assets:
Cash and cash equivalents	14	196
Investments in subsidiaries	93,416	60,514
Due from subsidiaries	181,245	181,204
Other current assets	335	778
TOTAL ASSETS	275,010	242,692
Current liabilities:
Amount due to subsidiaries	3,652	421
Accrued expenses and other current liabilities	392	395
Total liabilities	4,044	816
Equity
Ordinary Shares ($0.001 par value; 900,000,000 shares authorized in 2012 and 2013; 127,662,057 shares and 127,662,057 shares issued as of December 31, 2012 and 2013, respectively; 122,112,485 shares and 119,134,135 shares outstanding as of December 31, 2012 and 2013, respectively)	128	128
Additional paid-in capital	313,912	278,652
Treasury stock (5,549,572 and 8,527,922 shares as of December 31, 2012 and 2013, respectively)	(9,860)	(7,035)
Accumulated deficits	(73,443)	(62,817)
Accumulated other comprehensive income	40,229	32,948
Total equity	270,966	241,876	$ 272,148	$ 275,668
TOTAL LIABILITIES AND EQUITY	$ 275,010	$ 242,692

ADDITIONAL INFORMATION-FINANCIAL STATEMENT SCHEDULE I FINANCIAL INFORMATION OF PARENT COMPANY (Schedule of Parent Company Balance Sheets) (Parenthetical) (Details) - $ / shares	Dec. 31, 2013	Dec. 31, 2012
ADDITIONAL INFORMATION-FINANCIAL STATEMENT SCHEDULE I FINANCIAL INFORMATION OF PARENT COMPANY [Abstract]
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	119,134,135	122,112,485
Treasury stock, shares	8,527,922	5,549,572

ADDITIONAL INFORMATION-FINANCIAL STATEMENT SCHEDULE I FINANCIAL INFORMATION OF PARENT COMPANY (Schedule of Parent Company Statements of Operations) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Operating expenses:
Selling and marketing	$ (20,069)	$ (17,995)	$ (18,238)
General and administrative	(25,723)	(21,842)	(22,004)
Total operating expenses	(45,792)	(70,031)	(41,901)
Interest income	1,213	1,355	1,242
Net loss attributable to holders of ordinary shares	(10,626)	(32,728)	(9,596)
AirMedia Group Inc. [Member]
Operating expenses:
Selling and marketing		(859)	(1,421)
General and administrative	(2,239)	(3,282)	(3,471)
Total operating expenses	(2,239)	(4,141)	(4,892)
Investment loss in subsidiaries	(8,387)	(28,587)	(4,795)
Interest income			91
Net loss attributable to holders of ordinary shares	$ (10,626)	$ (32,728)	$ (9,596)

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

+ Details

ADDITIONAL INFORMATION-FINANCIAL STATEMENT SCHEDULE I FINANCIAL INFORMATION OF PARENT COMPANY (Schedule of Parent Company Statements of Comprehensive Income/Loss) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Condensed Financial Statements, Captions [Line Items]
Net loss	$ (11,520)	$ (32,241)	$ (12,680)
Other comprehensive income, net of tax:
Change in cumulative foreign currency translation adjustment	7,582	2,144	12,327
Comprehensive income/ (loss) attributable to Parent Company	(3,345)	(30,514)	2,785
AirMedia Group Inc. [Member]
Condensed Financial Statements, Captions [Line Items]
Net loss	(10,626)	(32,728)	(9,596)
Other comprehensive income, net of tax:
Change in cumulative foreign currency translation adjustment	7,281	2,214	12,381
Comprehensive income/ (loss) attributable to Parent Company	$ (3,345)	$ (30,514)	$ 2,785

ADDITIONAL INFORMATION-FINANCIAL STATEMENT SCHEDULE I FINANCIAL INFORMATION OF PARENT COMPANY (Schedule of Parent Company Statements of Changes in Equity) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Condensed Financial Statements, Captions [Line Items]
Beginning Balance	$ 239,435	$ 270,058	$ 276,716
Ordinary shares issued for share based compensation	21	161	229
Share repurchase			(7,373)
Share repurchase as treasury stock	(2,846)	(3,421)	(3,775)
Stock-based compensation	1,251	3,502	4,614
Foreign currency translation adjustment	7,582	2,144	12,327
Capital contribution from non-controlling interests	60,209
Acquisition of non-controlling interests	(2,789)
Net loss	(11,520)	(32,241)	(12,680)
Ending Balance	$ 291,343	$ 239,435	$ 270,058
Ordinary shares [Member]
Condensed Financial Statements, Captions [Line Items]
Beginning Balance, shares	122,112,485	125,247,597	131,905,011
Beginning Balance	$ 128	$ 128	$ 132
Ordinary shares issued for share based compensation, shares	18,400	137,166	138,416
Ordinary shares issued for share based compensation
Share repurchase, Shares			(4,381,370)
Share repurchase			$ (4)
Share repurchase as treasury stock
Stock-based compensation
Foreign currency translation adjustment
Capital contribution from non-controlling interests
Acquisition of non-controlling interests
Net loss
Ending Balance, shares	119,134,135	122,112,485	125,247,597
Ending Balance	$ 128	$ 128	$ 128
Ordinary shares [Member]
Condensed Financial Statements, Captions [Line Items]
Share repurchase as treasury stock, shares	(2,996,750)	(3,272,278)	(2,414,460)
Additional paid-in capital [Member]
Condensed Financial Statements, Captions [Line Items]
Beginning Balance	$ 278,652	$ 275,150	$ 277,676
Ordinary shares issued for share based compensation			229
Share repurchase			(7,369)
Share repurchase as treasury stock
Stock-based compensation	1,251	3,502	4,614
Foreign currency translation adjustment
Capital contribution from non-controlling interests	39,825
Acquisition of non-controlling interests	(5,816)
Net loss
Ending Balance	313,912	278,652	275,150
Treasury stock [Member]
Condensed Financial Statements, Captions [Line Items]
Beginning Balance	(7,035)	(3,775)
Ordinary shares issued for share based compensation	21	161
Share repurchase
Share repurchase as treasury stock	(2,846)	(3,421)	(3,775)
Stock-based compensation
Foreign currency translation adjustment
Capital contribution from non-controlling interests
Acquisition of non-controlling interests
Net loss
Ending Balance	(9,860)	(7,035)	(3,775)
Accumulated other comprehensive income [Member]
Condensed Financial Statements, Captions [Line Items]
Beginning Balance	32,948	30,734	18,353
Ordinary shares issued for share based compensation
Share repurchase
Share repurchase as treasury stock
Stock-based compensation
Foreign currency translation adjustment	7,281	2,214	12,381
Capital contribution from non-controlling interests
Acquisition of non-controlling interests
Net loss
Ending Balance	40,229	32,948	30,734
AirMedia Group Inc. [Member]
Condensed Financial Statements, Captions [Line Items]
Beginning Balance	241,876	272,148	275,668
Ordinary shares issued for share based compensation	21	161	229
Share repurchase			(7,373)
Share repurchase as treasury stock	(2,846)	(3,421)	(3,775)
Stock-based compensation	1,251	3,502	4,614
Foreign currency translation adjustment	7,281	2,214	12,381
Capital contribution from non-controlling interests	39,825
Acquisition of non-controlling interests	(5,816)
Net loss	(10,626)	(32,728)	(9,596)
Ending Balance	$ 270,966	$ 241,876	$ 272,148
AirMedia Group Inc. [Member] \| Ordinary shares [Member]
Condensed Financial Statements, Captions [Line Items]
Beginning Balance, shares	122,112,485	125,247,597	131,905,011
Beginning Balance	$ 128	$ 128	$ 132
Ordinary shares issued for share based compensation, shares	18,400	137,166	138,416
Ordinary shares issued for share based compensation
Share repurchase, Shares			(4,381,370)
Share repurchase			$ (4)
Share repurchase as treasury stock
Stock-based compensation
Foreign currency translation adjustment
Capital contribution from non-controlling interests
Acquisition of non-controlling interests
Net loss
Ending Balance, shares	119,134,135	122,112,485	125,247,597
Ending Balance	$ 128	$ 128	$ 128
AirMedia Group Inc. [Member] \| Ordinary shares [Member]
Condensed Financial Statements, Captions [Line Items]
Share repurchase as treasury stock, shares	(2,996,750)	(3,272,278)	(2,414,460)
AirMedia Group Inc. [Member] \| Additional paid-in capital [Member]
Condensed Financial Statements, Captions [Line Items]
Beginning Balance	$ 278,652	$ 275,150	$ 277,676
Ordinary shares issued for share based compensation			229
Share repurchase			(7,369)
Share repurchase as treasury stock
Stock-based compensation	1,251	3,502	4,614
Foreign currency translation adjustment
Capital contribution from non-controlling interests	39,825
Acquisition of non-controlling interests	(5,816)
Net loss
Ending Balance	313,912	278,652	275,150
AirMedia Group Inc. [Member] \| Treasury stock [Member]
Condensed Financial Statements, Captions [Line Items]
Beginning Balance	(7,035)	(3,775)
Ordinary shares issued for share based compensation	21	161
Share repurchase
Share repurchase as treasury stock	(2,846)	(3,421)	(3,775)
Stock-based compensation
Foreign currency translation adjustment
Capital contribution from non-controlling interests
Acquisition of non-controlling interests
Net loss
Ending Balance	(9,860)	(7,035)	(3,775)
AirMedia Group Inc. [Member] \| Accumulated deficits [Member]
Condensed Financial Statements, Captions [Line Items]
Beginning Balance	(62,817)	(30,089)	(20,493)
Ordinary shares issued for share based compensation
Share repurchase
Share repurchase as treasury stock
Stock-based compensation
Foreign currency translation adjustment
Capital contribution from non-controlling interests
Acquisition of non-controlling interests
Net loss	(10,626)	(32,728)	(9,596)
Ending Balance	(73,433)	(62,817)	(30,089)
AirMedia Group Inc. [Member] \| Accumulated other comprehensive income [Member]
Condensed Financial Statements, Captions [Line Items]
Beginning Balance	32,948	30,734	18,353
Ordinary shares issued for share based compensation
Share repurchase
Share repurchase as treasury stock
Stock-based compensation
Foreign currency translation adjustment	7,281	2,214	12,381
Capital contribution from non-controlling interests
Acquisition of non-controlling interests
Net loss
Ending Balance	$ 40,229	$ 32,948	$ 30,734

ADDITIONAL INFORMATION-FINANCIAL STATEMENT SCHEDULE I FINANCIAL INFORMATION OF PARENT COMPANY (Schedule of Parent Company Statements of Cash Flows) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (11,520)	$ (32,241)	$ (12,680)
Share-based compensation	1,251	3,502	4,614
CHANGES IN WORKING CAPITAL ACCOUNTS
Other current assets	(3,945)	(3,147)	(3,705)
Accounts payable	12,083	8,269	18,734
Accrued expenses and other current liabilities	217	(1,397)	1,555
Amount due to subsidiaries	(454)
Amount due from subsidiaries	1,144	(1,148)	169
Net cash (used in) provided by operating activities	537	20,230	17,932
CASH FLOWS FROM INVESTING ACTIVITIES:
Payment for contingent consideration in connection with a business combination			(2,966)
Net cash used in investing activities	(70,466)	(57,006)	(5,192)
CASH FLOWS FROM FINANCING ACTIVITIES:
Share repurchase			(7,373)
Cash paid for treasury stock	(2,846)	(3,421)	(3,775)
Proceeds from options exercised	21	161	229
Net cash used in financing activities.	54,311	(3,260)	(10,919)
Net decrease in cash	(13,982)	(39,100)	6,229
Cash, at beginning of year	73,634	112,734	106,505
Cash, at end of year	59,652	73,634	112,734
AirMedia Group Inc. [Member]
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	(10,626)	(32,728)	(9,596)
Investment loss in subsidiaries	8,387	28,587	4,795
Share-based compensation	1,251	3,502	4,614
CHANGES IN WORKING CAPITAL ACCOUNTS
Other current assets	444	(597)	16
Accounts payable		(40)	36
Accrued expenses and other current liabilities	(3)	(421)	(697)
Amount due to subsidiaries	3,231	265	25
Amount due from subsidiaries	(41)	2,497	482
Net cash (used in) provided by operating activities	2,643	1,065	(325)
CASH FLOWS FROM INVESTING ACTIVITIES:
Payment for contingent consideration in connection with a business combination			(2,966)
Net cash used in investing activities			(2,966)
CASH FLOWS FROM FINANCING ACTIVITIES:
Share repurchase			(7,373)
Cash paid for treasury stock	(2,846)	(3,421)	(3,775)
Proceeds from options exercised	21	161	229
Net cash used in financing activities.	(2,825)	(3,260)	(10,919)
Net decrease in cash	(182)	(2,195)	(14,210)
Cash, at beginning of year	196	2,391	16,601
Cash, at end of year	$ 14	$ 196	$ 2,391