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Document and Entity Information	12 Months Ended
Document and Entity Information	Dec. 31, 2015 shares
Document And Entity Information
Entity Registrant Name	AIRMEDIA GROUP INC.
Entity Central Index Key	0001413745
Document Type	20-F
Document Period End Date	Dec. 31, 2015
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Is Entity a Well-known Seasoned Issuer	No
Is Entity a Voluntary Filer	No
Is Entity's Reporting Status Current	Yes
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding	124,395,645
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2015

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 86,960	$ 60,117
Restricted cash		3,223
Short-term investment	3,705	17,729
Accounts receivable, net of allowance for doubtful accounts of $4,458 and $1,727 as of December 31, 2014 and 2015, respectively	9,457	23,534
Notes receivable		762
Prepaid concession fees	8,114	13,012
Consideration receivable	200,685
Other current assets	30,904	7,319
Amount due from related parties	2,752	953
Deferred tax assets - current	41	484
Assets held for sale		310
Current assets of discontinued operations		122,433
Total current assets	342,618	249,876
Property and equipment, net	48,339	35,381
Prepaid equipment costs	27,708	45,176
Long-term investments	89,637	5,962
Long-term deposits	4,879	8,511
Deferred tax assets - non-current	4,483	10,251
Acquired intangible assets, net	2,325	521
Other non-current assets	11,612	6,128
Assets of discontinued operation, non-current		33,791
TOTAL ASSETS	531,601	395,597
Current liabilities:
Short-term loan (including short-term loan of the consolidated variable interest entities without recourse to AirMedia Group Inc. nil and nil as of December 31, 2014 and 2015, respectively)		3,000
Accounts payable (including accounts payable of the consolidated variable interest entities without recourse to AirMedia Group Inc. $33,302 and $33,818 as of December 31, 2014 and 2015, respectively)	36,371	39,804
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. $2,994 and $7,554 as of December 31, 2014 and 2015 respectively)	10,744	4,863
Deferred revenue (including deferred revenue of the consolidated variable interest entities without recourse to AirMedia Group Inc. $3,998 and $1,355 as of December 31, 2014 and 2015, respectively)	1,361	4,004
Income tax payable (including income tax payable of the consolidated variable interest entities without recourse to AirMedia Group Inc. $408 and $43,081 as of December 31, 2014 and 2015, respectively)	43,567	967
Amounts due to related parties (including amounts due to related parties of the consolidated variable interest entities without recourse to AirMedia Group Inc. nil and $15,389 as of December 31, 2014 and 2015, respectively)	15,389
Current liabilities of discontinued operations		72,628
Total current liabilities	107,432	125,266
Non-current liabilities:
Other non-current liabilities (including other non-current liabilities of the consolidated variable interest entities without recourse to AirMedia Group Inc. $1,257 and $1,205 as of December 31, 2014 and 2015, respectively)	1,205	1,257
Deferred tax liabilities - non-current (including deferred tax liabilities - non-current of the consolidated variable interest entities without recourse to AirMedia Group Inc. $130 and $91 as of December 31, 2014 and 2015, respectively)	91	130
Provision for earnout commitment (including provision for earnout commitment of the consolidated variable interest entities without recourse to AirMedia Group Inc. nil and $25,240 as of December 31, 2014 and 2015, respectively)	25,240
Liabilities of discontinued operations, non-current		72
Total liabilities	133,968	126,725
Commitments and contingencies (Note 26 and Note 27)
Equity
Ordinary shares ($0.001 par value; 900,000,000 shares authorized in 2014 and 2015; 127,662,057 shares and 127,662,057 shares issued as of December 31, 2014 and 2015, respectively; 119,942,413 shares and 124,395,645 shares outstanding as of December 31, 2014 and 2015, respectively)	128	128
Additional paid-in capital	317,414	323,167
Treasury stock (7,719,644 and 3,266,412 shares as of December 31, 2014 and 2015, respectively)	(3,778)	(9,236)
(Accumulated deficit) retained earnings	49,876	(99,138)
Accumulated other comprehensive income	22,928	33,815
Total AirMedia Group Inc.'s shareholders' equity	386,568	248,736
Non-controlling interests	11,065	20,136
Total equity	397,633	268,872
TOTAL LIABILITIES AND EQUITY	$ 531,601	$ 395,597

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Short-term loan		$ 3,000
Accounts receivable, allowance for doubtful accounts	1,727	4,458
Accounts payable	36,371	39,804
Accrued expenses and other current liabilities	10,744	4,863
Deferred revenue	1,361	4,004
Income tax payable	43,567	967
Amount due to related parties	15,389
Other non-current liabilities	1,205	1,257
Non-current deferred tax liability	91	130
Non-current provision for earnout commitment	$ 25,240
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	124,395,645	119,942,413
Treasury stock, shares	3,266,412	7,719,644
AirMedia's VIEs [Member]
Short-term loan
Accounts payable	33,818	33,302
Accrued expenses and other current liabilities	7,554	2,994
Deferred revenue	1,355	3,998
Income tax payable	43,081	408
Amount due to related parties	15,389
Other non-current liabilities	1,205	1,257
Non-current deferred tax liability	91	130
Non-current provision for earnout commitment	$ 25,240

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

12 Months Ended

Dec. 31, 2015

Dec. 31, 2014

Dec. 31, 2013

Income Statement [Abstract]

Revenues

$ 50,866

$ 75,947

$ 92,764

Business tax and other sales tax

(633)

(1,254)

(1,511)

Net revenues

50,233

74,693

91,253

Less: Cost of revenues

89,577

96,608

97,741

Gross loss

(39,344)

(21,915)

(6,488)

Operating expenses:

Selling and marketing (including share-based compensation of nil, $144 and nil in 2013, 2014 and 2015, respectively)

9,611

12,916

9,202

General and administrative (including share-based compensation of , $943, $1,137 and $567 in 2013, 2014 and 2015, respectively)

27,102

20,620

15,104

Total operating expenses

36,713

33,536

24,306

Loss from operations

(76,057)

(55,451)

(30,794)

Interest (expense) income, net

472

1,058

(224)

Other income, net

1,383

979

695

Loss from continuing operations before income taxes and (loss) income on equity method investments

(74,202)

(53,414)

(30,323)

Income tax (benefits) expenses from continuing operations

6,421

(1,512)

(537)

Net loss before (loss) income on equity method investments

(80,623)

(51,902)

(29,786)

(Loss) income on equity method investments

2,352

(212)

(69)

Net loss from continuing operations

(78,271)

(52,114)

(29,855)

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

7,620

6,808

894

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

(70,651)

(45,306)

(28,961)

Discontinued operation:

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

272,879

22,230

17,159

Income tax benefits (expenses) from discontinued operations

(51,696)

(1,942)

1,176

Net income from discontinued operations, net of tax

221,183

20,288

18,335

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

(885)

(677)

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

220,298

19,611

18,335

Net (loss) income

142,912

(31,826)

(11,520)

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

$ 149,647

$ (25,695)

$ (10,626)

Net (loss) income per ordinary share - basic

$ 1.23

$ (0.22)

$ (0.09)

Net (loss) income per ordinary share - diluted

1.16

(0.22)

(0.09)

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

(0.58)

(0.38)

(0.24)

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

(0.58)

(0.38)

(0.24)

Net income per ordinary shares from discontinued operations - basic

1.81

0.16

0.15

Net income per ordinary shares from discontinued operations - diluted

$ 1.70

$ 0.16

$ 0.15

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

121,740,194

119,304,773

120,386,635

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

121,740,194

119,304,773

120,386,635

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

^[1]

121,740,194

119,304,773

120,386,635

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

^[2]

129,372,158

119,924,927

120,391,294

[1]	The effect of options was excluded from the computation of diluted loss per share from continuing operations for the years ended December 31, 2013, 2014 and 2015, respectively, as the effect would be anti-dilutive.
[2]	An incremental weighted average number of 4,659, 620,154 and 7,631,964 ordinary shares from assumed exercise of share option were included in computing the diluted income per share for the discontinued operations for the years ended December 31, 2013, 2014 and 2015, respectively.

CONSOLIDATED STATEMENTS OF OPERATIONS (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Gain on the disposal	$ 244,164
Selling and Marketing Expense [Member]
Share-based compensation		$ 144
General and Administrative Expense [Member]
Share-based compensation	$ 567	$ 1,137	$ 943

CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Consolidated Statements Of Comprehensive Loss Income
Net (loss) income	$ 142,912	$ (31,826)	$ (11,520)
Other comprehensive income (loss), net of tax of nil:
Change in cumulative foreign currency translation adjustment	(11,478)	(6,874)	7,582
Comprehensive (loss) income	131,434	(38,700)	(3,938)
Less: comprehensive loss attributable to non-controlling interest	(7,326)	(6,591)	(593)
Comprehensive (loss) income attributable to AirMedia Group Inc.'s shareholders	$ 138,760	$ (32,109)	$ (3,345)

CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME (Parenthetical) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Consolidated Statements Of Comprehensive Loss Income
Tax on other comprehensive income (loss)

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($) $ in Thousands	Ordinary shares [Member]	Additional paid-in capital [Member]	Treasury stock [Member]	(Accumulated deficit) retained earnings [Member]	Accumulated other comprehensive income [Member]	Total AirMedia Group Inc.'s shareholders' equity [Member]	Non-controlling Interest [Member]	Total
Beginning Balance, shares at Dec. 31, 2012	122,112,485
Beginning Balance at Dec. 31, 2012	$ 128	$ 278,652	$ (7,035)	$ (62,817)	$ 32,948	$ 241,876	$ (2,441)	$ 239,435
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)
Share-based compensation		1,251				1,251		1,251
Foreign currency translation adjustment					7,281	7,281	301	7,582
Net income (loss)				(10,626)		(10,626)	(894)	(11,520)
Capital contribution from non-controlling interests		39,825				39,825	20,384	60,209
Acquisition of non-controlling interests		(5,816)				(5,816)	3,027	(2,789)
Ending Balance, shares at Dec. 31, 2013	119,134,135
Ending Balance at Dec. 31, 2013	$ 128	313,912	(9,860)	(73,443)	40,229	270,966	20,377	291,343
Ordinary shares issued for share based compensation, shares	808,278
Ordinary shares issued for share based compensation			624			624		624
Share-based compensation		1,359				1,359		1,359
Foreign currency translation adjustment					(6,414)	(6,414)	(460)	(6,874)
Net income (loss)				(25,695)		(25,695)	(6,131)	(31,826)
Disposal of equity interests of AM Film and AirMedia Lianhe to non-controlling interest		1,433				1,433	1,655	3,088
Profit distribution to non-controlling interests							(83)	(83)
Capital contribution from non-controlling interests		6,463				6,463	4,778	11,241
Ending Balance, shares at Dec. 31, 2014	119,942,413
Ending Balance at Dec. 31, 2014	$ 128	323,167	(9,236)	(99,138)	33,815	248,736	20,136	268,872
Ordinary shares issued for share based compensation, shares	4,453,232
Ordinary shares issued for share based compensation			5,458	(633)		4,825		4,825
Share-based compensation		598				598		598
Foreign currency translation adjustment					(10,887)	(10,887)	(591)	(11,478)
Net income (loss)				149,647		149,647	(6,735)	142,912
Profit distribution to non-controlling interests							(891)	(891)
Capital contribution from non-controlling interests		271				271	1,042	1,313
Capital contribution to Guangzhou Meizheng		(459)				(459)	459
Acquisition of non-controlling interests		(6,163)				(6,163)	(2,355)	(8,518)
Ending Balance, shares at Dec. 31, 2015	124,395,645
Ending Balance at Dec. 31, 2015	$ 128	$ 317,414	$ (3,778)	$ 49,876	$ 22,928	$ 386,568	$ 11,065	$ 397,633

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:
Net (loss) income	$ 142,912	$ (31,826)	$ (11,520)
Less: Net income from discontinued operations	221,183	20,288	18,335
Net loss from continuing operations	(78,271)	(52,114)	(29,855)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Allowance for doubtful accounts	(2,661)	3,212	1,049
Depreciation and amortization	5,771	6,294	11,813
Share-based compensation	567	1,281	943
Loss (income) on equity method investments	(2,352)	212	69
Loss on disposal of property and equipment	(129)	(11)	296
Gain on sale/maturity of short-term investments	(347)	(643)	(1,414)
Changes in assets and liabilities
Accounts receivable	13,742	9,371	(6,475)
Notes receivable	762	(116)	(646)
Prepaid concession fees	7,302	(997)	(3,388)
Other current assets	(16,045)	2,224	4,115
Long-term deposits	3,632	(108)	868
Other non-current assets	2,778	(5,095)	(661)
Amounts due from related parties	(4,873)	(953)
Accounts payable	(8,591)	(1,723)	2,977
Accrued expenses and other current liabilities	(6,762)	(466)	168
Deferred revenue	(2,643)	(1,905)	621
Amounts due to related parties	12,803
Deferred tax assets (liabilities), net	4,681	(2,288)	(4,394)
Income tax payable	42,600	(68)	318
Other noncurrent liabilities		1,264
Net cash used in continuing operations	(28,036)	(42,629)	(23,596)
Net cash provided by (used in) discontinued operations	(41,026)	40,815	24,133
Net cash provided by (used in) operating activities	(69,062)	(1,814)	537
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of property and equipment	(10,389)	(4,306)	(803)
Prepaid equipment costs		(11,224)	(56,996)
Proceeds from disposal of property and equipment	978	18	30
Net amount received upon settlement of short-term investment	14,206	26,073	111
Dividend received from equity method investee		242	686
Restricted cash	3,223	(3,223)
Acquisition of Guangzhou Xinyu (net of cash acquired of $nil)	(4,808)
Acquisition of AM Jiaming (net of cash acquired of $325)	325
Disposal of controlling interest in a former subsidiary (net of cash disposed of $14)	(14)
Loan to third parties	(5,572)
Purchase of long-term investment	(3,033)	(1,629)	(1,645)
Net cash (used in) provided by continuing operations	(5,084)	5,951	(58,617)
Net cash (used in) provided by discontinued operations	93,226	(12,108)	(11,849)
Net cash (used in) provided by investing activities	88,142	(6,157)	(70,466)
CASH FLOWS FROM FINANCING ACTIVITIES:
Cash paid for treasury stock			(2,846)
Cash received from short-term loan		3,000
Cash payment for a short-term loan	(3,000)
Distribution of dividends to noncontrolling interests	(221)		(675)
Capital contribution from non-controlling interests		11,241	59,438
Proceeds from disposal of equity interests of AirMedia Lianhe	536	1,958
Proceeds from options exercised	4,826	624	21
Net cash provided by continuing operations	2,141	16,823	55,938
Net cash used in discontinued operations			(1,627)
Net cash provided by financing activities	2,141	16,823	54,311
Effect of exchange rate changes	(1,698)	(1,067)	1,636
Net (decrease) increase in cash	19,523	7,785	(13,982)
Cash and cash equivalents, at beginning of year	60,117	59,652	73,634
Cash and cash equivalents, at end of year	86,960	60,117	59,652
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Income tax paid	957	1,812	1,340
Interests paid for short-term loan	10	75
Fair value of property, equipment and other assets acquired in exchange of advertising services rendered and subsidiary's equity transferred	304	11,083	50,305
SUPPLEMENTAL DISCLOSURE OF NON-CASH ACTIVITIES
Payable for purchase of property and equipment	15,925	8,526	3,561
Dividend payable to non-controlling interests		73
Receivable for disposal of equity interests of AM Film and AirMedia Lianhe	233	1,118
Receivable for disposal of 51% equity interest in AM Jiaming		53
Consideration receivable	$ 200,685

CONSOLIDATED STATEMENTS OF CASH FLOWS (Parenthetical)	12 Months Ended
CONSOLIDATED STATEMENTS OF CASH FLOWS (Parenthetical)	Dec. 31, 2015 USD ($)
Statement of Cash Flows [Abstract]
Acquisition of Guangzhou Xinyu, cash acquired
Acquisition of AM Jiaming, cash acquired	325,000
Disposal of 51% equity interests in AM Jiaming, cash disposed	1,094,000
Disposal of 81% equity interest in AM Jinsheng, cash disposed	10,000
Disposal of 90% equity interest in Xinghe Union, cash disposed	$ 14,000

ORGANIZATION AND PRINCIPAL ACTIVITIES

12 Months Ended

Dec. 31, 2015

Organization, Consolidation and Presentation of Financial Statements [Abstract]

ORGANIZATION AND PRINCIPAL ACTIVITIES

1.	ORGANIZATION AND PRINCIPAL ACTIVITIES

Introduction of the Group

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

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

In June 2015, the Company, AM Technology, AirMedia Shengshi, which is the Company’s VIE in China as well as the controlling shareholder of AirMedia Group Co., Ltd. (“AM Advertising”), and Mr. Herman Guo, who is registered shareholder of AM Advertising under PRC law entered into a definitive agreement (“Equity Interest Transfer Agreement”) with Beijing Longde Wenchuang Fund Management Co., Ltd. (“Longde Wenchuang” or the “Buyer”) to sell 75% equity interest of AM Advertising for a consideration of RMB2.1 billion (equivalent to $324,183) in cash. As part of the transaction, the Company effected an internal business reorganization and transferred all its media business in airports (excluding digital TV screens in airports and TV-attached digital frames) and all billboard and LED media business outside of airports (excluding gas station media network and digital TV screens on airplanes) to AM Advertising to form the target business to be sold (the “Target Business”) and transferred its other business out of AM Advertising. To effectuate the sale, the Company removed the VIE structure with respect to AM Advertising. The change in the equity ownership of AM Advertising was registered with the local branch of the State Administration for Industry and Commerce, or the SAIC, in December 2015. The Company now holds 25% equity interest in AM Advertising and has ceased to consolidate the results of AM Advertising since December 2015.

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

This disposal represents a strategic shift and has a major effect on the Group’s results of operations. Accordingly, assets and liabilities, revenues and expenses, and cash flows related to the disposed business lines have been reclassified in the accompanying consolidated financial statements as discontinued operations for all periods presented. The consolidated balance sheets as of December 31, 2014, the consolidated statements of operations and the consolidated statements of cash flows for the years ended December 31, 2013 and 2014 are adjusted retrospectively to reflect this change.

On June 19, 2015, the Company's board of directors formed a special committee consisting of three independent members in order to consider a going private transaction submitted by Mr. Herman Man Guo to acquire the Company for $3.00 in cash per share (or $6.00 in cash per ADS) other than any ordinary shares or ADSs of the Company beneficially held by Mr. Herman Man Guo, his affiliates or other management shareholders who may choose to roll over their Shares in connection with the proposed acquisition (the “Proposal”).

Pursuant to the Proposal, on September 28, 2015, the Company, together with AirMedia Holdings Ltd. (“Parent”) and AirMedia Merger Company Limited (“Merger Sub”), executed and delivered the merger agreement and the applicable parties executed the ancillary documents relating thereto as to which they respectively are a party. The merger is subject to customary closing conditions including the approval of the merger agreement by an affirmative vote of holders of shares representing at least two-thirds of the voting power of the shares present and voting in person or by proxy at a meeting of our shareholders.

As of December 31, 2015, details of the Company’s subsidiaries, VIEs and VIEs’ subsidiaries are as follows:

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

Intermediate Holding Company:
Broad Cosmos Enterprises Ltd.	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	%

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 AirMedia Shengshi Advertising Co., Ltd.
(Formerly Beijing Shengshi Lianhe Advertising Co., Ltd.)
(“AirMedia Shengshi”)	August 7, 2005	the PRC		N/A

Beijing AirMedia Jiaming Advertising Co., Ltd.
(Formerly Beijing AirMedia UC Advertising Co., Ltd.)
(“Jiaming Advertising”)	January 1, 2007	the PRC		N/A

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

AirMedia Online Network Technology Co., Ltd. (“AM Online”)	April 30, 2015	the PRC		N/A

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

VIEs’ subsidiaries:
Beijing 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

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

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

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

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

Beijing AirMedia Tianyi Information Technology Co., Ltd. (“AM Tianyi”)	September 25, 2013	the PRC		N/A

Guangzhou Xinyu Advertising Co., Ltd. (“Guangzhou Xinyu”)	February 2, 2015	the PRC		N/A

AirMedia Mobile Network Technology Co., Ltd. (“AM Mobile”)	April 23, 2015	the PRC		N/A

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

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

Beijing AirMedia Jiaming Film & TV Culture Co., Ltd. (“AM Jiaming”)	December 31, 2015	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, Shenzhen AM, 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. AirMedia Shengshi, Jiaming Advertising, AM Yuehang and AM Online, 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 AirMedia Shengshi, and Jiaming Advertising, 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 fees for each given year payable by AM Online to AM Technology under AM Online’s technology support and service agreement shall be determined by AM Online and AM Technology at the first month of such year taking into account several factors. Those factors include the credential of the team of AM Technology that provides services to AM Online, the number of service hours, the nature and value of the services provided by AM Technology, the extent to which AM Technology provides patent or other license to AM Online in its provision of technology support and service and the correlation between AM Online’s results of operations and the technology support and service provided by AM Technology. In the event AM Technology finds it necessary to make subsequent adjustment to the amount of fees, AM Online shall negotiate in good faith with AM Technology to determine the new fee. The technology support and service agreements are effective for ten years and such term is automatically renewed upon its expiry unless either party informs the other party of its intention of no extension at least twenty days prior to the expiration of the agreements.

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

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

Call option agreement: Under the call option agreements between AM Technology and the shareholders of AirMedia Shengshi, AM Yuehang and Jiaming Advertising, the shareholders of those VIEs irrevocably granted 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. Under the call option agreements between AM Technology and the shareholders of AM Online, the shareholders of AM Online irrevocably granted AM Technology or its designated third party an exclusive option to purchase from the shareholders of AM Online, to the extent permitted under PRC law, all the equity interests in AM Online, as the case may be. To the extent the applicable PRC law does not require the valuation of the subject equity interests and does not otherwise restrict the purchase price for such equity interests, such purchase price shall equal the amount of actual payment made by the respective shareholders of AM Online with respect to the equity interests whether in the form or share capital injection or secondary purchase price. If and where the applicable PRC law requires the valuation of the subject equity interests or otherwise has restrictions on the purchase price for such equity interests, such purchase price shall equal the minimum amount of consideration permitted by the applicable law. In addition, under these agreements (except for the call option agreements between AM Technology and the shareholders of AM Online), AM Technology has undertaken to act as guarantor of VIEs in all operations-related contracts, agreements and transactions and commit to provide loans to support the business development needs of VIEs or if the VIEs suffer operating difficulties, provided that the relevant VIE’s shareholders satisfy the terms and conditions in the call option agreements. Under PRC laws, to provide an effective guarantee, a guarantor needs to execute a specific written agreement with the beneficiary of the guarantee. As 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 a written guarantee agreement, however, does not affect our conclusion that we are the primary beneficiary of the VIEs and in turn should consolidate the financials of the VIEs. The term of each call option agreement is ten years and such terms can be renewed upon expiration at AM Technology’s sole discretion.

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

Authorization letter: Each shareholder of the VIEs has executed an authorization letter to authorize 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. The authorization letters by the shareholders of our VIEs other than AM Online will remain effective during the operating periods of the respective VIEs. Such authorization is effective for ten years and such term is renewed upon its expiry at AM Technology’s sole discretion. The authorization letters by the shareholders of AM Online will remain effective for as long as the respective parties remain shareholders of AM Online unless terminated earlier by AM Technology or the call option agreement with respect to AM Online is terminated prior to its expiration.

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

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

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:

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

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

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

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

The imposition of any of these penalties may result in a material and adverse effect on the Group’s ability to conduct the Group’s business. In addition, if the imposition of any of these penalties causes the Group to lose the rights to direct the activities of the VIEs and its subsidiaries or the right to receive their economic benefits, the Group would no longer be able to consolidate the VIEs. The Group does not believe that any penalties imposed or actions taken by the PRC Government would result in the liquidation of the Group, 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,
	2014		2015

Total current assets	$	63,730	$	316,268
Total non-current assets		94,811		190,684

Total assets		158,541		506,952

Total current liabilities		40,702		101,197
Total non-current liabilities		1,387		26,536

Total liabilities	$	42,089	$	127,733

	For the years ended December 31,
	2013			2014			2015

Net revenues	$	90,523		$	74,689		$	49,237
Net loss		(31,887	)		(47,119	)		(60,117	)
Net cash used in operating activities from continuing operations		(16,001	)		(17,353	)		(26,388	)
Net cash (used in) provided by investing activities from continuing operations		(58,804	)		(22,607	)		(5,166	)
Net cash provided by financing activities from continuing operations		60,390			28,785			325

The VIEs contributed an aggregate of 99.2%, 100.0% and 98.0% of the consolidated net revenues for the years ended December 31, 2013, 2014 and 2015, respectively. As of December 31, 2014 and 2015, the VIEs accounted for an aggregate of 40.1% and 95.4%, respectively, of the consolidated total assets, and 33.2% and 95.3%, respectively, of the consolidated total liabilities. The assets not associated with the VIEs primarily consist of cash and cash equivalent, short-term investments, property and equipment and long-term investments.

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

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

12 Months Ended

Dec. 31, 2015

Accounting Policies [Abstract]

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

(a)

Basis of presentation

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

(b)

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)

Discontinued operations

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

(d)

Use of estimates

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

(e)

Significant risks and uncertainties

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

(f)

Fair value

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

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

Level 1

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

Level 2

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

Level 3

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

(g)

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, assets held for sale, short-term loan, 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, 2014 and 2015.

The Group’s financial assets and liabilities measured at fair value on a non-recurring basis include assets held for sale based on level 1 inputs, certain assets in connection with an equity share exchange transaction based on level 2 inputs and acquired assets and liabilities based on level 3 inputs in connection with business combinations.

(h)

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.

(i)

Restricted cash

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

(j)

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 (“OTTI”) 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. OTTI is recognized as a loss in the income statement. The short-term investments held by the Group as of December 31, 2015 were not in a continuous unrealized loss position.

(k)

Assets held for sale

The Group considers assets to be held for sale when all of the following criteria are met: i) a formal commitment to a plan to sell a property was made and exercised; ii) the property is available for sale in its present condition; iii) actions required to complete the sale of the property have been initiated; iv) sale of the property is probable and the Group expects the completed sale will occur within one year; v) the property is actively being marketed for sale at a price that is reasonable given its current market value; and vi) actions required to complete the plan indicate that it is unlikely that significant changes to the plan will be made or that the plan will be withdrawn. Upon designation as assets held for sale, the Group records each property at the lower of its carrying value or its estimated fair value, less estimated costs to sell, and the Group ceases depreciation.

(l)

Property and equipment

Property and equipment are carried at cost less accumulated depreciation. Depreciation is 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
Leasehold improvement		Shorter of the term of the lease
		or the estimated useful lives of the assets

(m)

Long-term investments

Equity method investments

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

Cost method investments

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

(n)

Acquired intangible assets

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

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

(o)

Revenue recognition

The Group’s revenues are derived from selling advertising time slots on the Group’s advertising networks. For the years ended December 31, 2013, 2014 and 2015, the advertising revenues were generated from air travel media network, 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, with the exception of Beijing, Shanghai and Shenzhen, to advertising agents, and signs fixed fee contracts with the agents for a specified period. The revenue is recognized on a straight-line basis over the specified period.

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 $102, $209 and $473 for the years ended December 31, 2013, 2014 and 2015, respectively. No direct costs are attributable to the revenues.

(p)

Value Added Tax (“VAT”)

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

In July 2012, the Ministry of Finance and the State Administration of Taxation jointly issued a circular regarding the pilot collection of VAT in lieu of business tax in certain areas and industries in the PRC, including Beijing, Jiangsu, Anhui, Fujian, Guangdong, Tianjin, Zhejiang, and Hubei between September and December 2012. Also a circular issued in May 2013 provided that such VAT pilot program is rolled out nationwide since August 2013. Since then, certain subsidiaries and VIEs became subject to VAT at the rates of 6% or 3%, on certain service revenues which were previously subject to business tax. For the years ended December 31, 2013, 2014 and 2015, gross revenue is presented net of $5,854, $3,610 and $2,647 of VAT, respectively.

(q)

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.

(r)

Concession fees

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

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

(s)

Agency fees

The Group pays fees to advertising agencies based on a certain percentage of revenues made through the advertising agencies upon receipt of payment from advertisers. The agency fees are charged to cost of revenues in the consolidated statements of operations ratably over the period in which the advertising is displayed. Prepaid and accrued agency fees are recorded as current assets and current liabilities according to relative timing of payments made and advertising service provided. From time to time, the Group and certain advertising agencies may renegotiate and mutually agree, as permitted by applicable laws, to reduce existing agency fee liabilities as calculated under the terms of existing contracts. Such reductions in the accrued agency fees are recorded as a reduction in cost of sales in the period the renegotiations are finalized. During the years ended December 31, 2013, 2014 and 2015, reversals in cost of sales as a result of renegotiated agency fees amounted to $1,066, $70 and $403 respectively.

(t)

Operating leases

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

(u)

Advertising costs

The Group expenses advertising costs as incurred. Total advertising expenses were $469, $1,785 and $350 for the years ended December 31, 2013, 2014 and 2015, respectively, and have been included as part of selling and marketing expenses.

(v)

Foreign currency translation

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

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

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

(w)

Income taxes

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

The impact of an uncertain income tax position on the income tax return must be recognized at the largest amount that is more-likely-than not to be sustained upon audit by the relevant tax authorities. An uncertain income tax position will not be recognized if it has less than a 50% likelihood of being sustained. Additionally, the Group classifies the interest and penalties, if any, as a component of the income tax position.

(x)

Share-based payments

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

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

(y)

Comprehensive (loss) income

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

(z)

Allowance of doubtful accounts

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

(aa)

Concentration of credit risk

Financial instruments that potentially expose the Group to concentrations of credit risk consist primarily of cash and accounts receivable. The Group places their cash with financial institutions with high-credit rating and quality in China.

Customers accounting for 10% or more of total revenues are:

Customer	For the years ended December 31,
	2013			2014			2015

A		21.0	%		1.8	%		-

There is no customer accounting for 10% or more of total accounts receivables as of December 31, 2014 and 2015.

(bb)

Net (loss) income per share

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

(cc)

Government subsidies

The Group primarily receives tax refund and development supporting bonus from tax bureau and local government without any condition or restriction. The government subsidies are recorded in other income on the consolidated statements of operations in the period in which the amounts of such subsidies are received. The recognized government subsidies as other income are $755, $491 and $513 for the years ended December 31, 2013, 2014 and 2015, respectively.

(dd)

Recent issued accounting standards

Recent accounting pronouncements adopted

In April 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Updates (“ASU”) 2014-08 which amends to change the criteria for reporting discontinued operations while enhancing disclosures in this area. It also addresses sources of confusion and inconsistent application related to financial reporting of discontinued operations guidance in U.S. GAAP.

Under the new guidance, only disposals representing a strategic shift in operations should be presented as discontinued operations. Those strategic shifts should have a major effect on the organization’s operations and financial results. Examples include a disposal of a major geographic area, a major line of business, or a major equity method investment.

In addition, the new guidance requires expanded disclosures about discontinued operations that will provide financial statement users with more information about the assets, liabilities, income, and expenses of discontinued operations.

The new guidance also requires disclosure of the pre-tax income attributable to a disposal of a significant part of an organization that does not qualify for discontinued operations reporting. This disclosure will provide users with information about the ongoing trends in a reporting organization’s results from continuing operations. The amendments in the ASU are effective in the first quarter of 2015 for public organizations with calendar year ends. Early adoption is permitted. The Group early adopted this ASU in January 2015. The effects of the pronouncement have been reflected in the consolidated financial statements.

Recent accounting pronouncements not yet adopted

In August 2014, the FASB issued ASU No. 2014-15, Presentation of Financial Statements—Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern. The guidance requires an entity to evaluate whether there are conditions or events, in the aggregate, that raise substantial doubt about the entity’s ability to continue as a going concern within one year after the date that the financial statements are issued and to provide related footnote disclosures in certain circumstances. The guidance is effective for the annual period ending after December 15, 2016, and for annual and interim periods thereafter. Early application is permitted. The adoption of this guidance is not expected to have a significant impact on the Group’s consolidated financial statements.

On August 12, 2015, the FASB issued a new pronouncement, Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date. The amendments in this ASU defer the effective date of ASU 2014-09 for all entities by one year. Public business entities should apply the guidance in ASU 2014-09 to annual reporting periods beginning after December 15, 2017, including interim reporting periods within that reporting period. Earlier application is permitted only as of annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period. The Group is in the process of evaluating the impacts of adoption of this guidance on its consolidated financial statements.

On September 25, 2015, the FASB issued ASU 2015-16 to simplify the accounting for measurement-period adjustments. The ASU, which is part of the FASB’s simplification initiative (i.e., the Board’s effort to reduce the cost and complexity of certain aspects of U.S. GAAP), was issued in response to stakeholder feedback that restatements of prior periods to reflect adjustments made to provisional amounts recognized in a business combination increase the cost and complexity of financial reporting but do not significantly improve the usefulness of the information. Under the ASU, an acquirer must recognize adjustments to provisional amounts that are identified during the measurement period in the reporting period in which the adjustment amounts are determined. The ASU also requires acquirers to present separately on the face of the income statement, or disclose in the notes, the portion of the amount recorded in current-period earnings by line item that would have been recorded in previous reporting periods if the adjustment to the provisional amounts had been recognized as of the acquisition date.

Under this ASU, an acquirer must recognize adjustments to provisional amounts that are identified during the measurement period in the reporting period in which the adjustment amounts are determined. The ASU also requires acquirers to present separately on the face of the income statement, or disclose in the notes, the portion of the amount recorded in current period earnings by line item that would have been recorded in previous reporting periods if the adjustment to the provisional amounts had been recognized as of the acquisition date.

For public business entities, the ASU is effective for fiscal years beginning after December 15, 2015, including interim periods within those fiscal years. The ASU must be applied prospectively to adjustments to provisional amounts that occur after the effective date. Early adoption is permitted for financial statements that have not been issued. The Group does not expect the adoption of this guidance will have a significant effect on its consolidated financial statements.

In November 2015, the FASB issued ASU 2015-17, Income Taxes-Balance Sheet Classification of Deferred Taxes. The amendments in this update simplify the presentation of deferred income taxes. ASU 2015-17 requires that deferred tax liabilities and assets be classified as noncurrent in a classified statement of financial position. The amendments in ASU 2015-17 are effective for fiscal years beginning after December 15, 2016 including interim periods within those fiscal years. Earlier application is permitted for all entities as of the beginning of an interim or annual reporting period. The Group is in the process of evaluating the impact of adoption of this guidance on its consolidated financial statements.

On February 25, 2016, the FASB issued ASU 2016-02 Leases. The core principle of this ASU will require lessees to present right-of-use assets and lease liabilities on their balance sheets. ASU 2016-02 is effective for annual and interim periods beginning January 1, 2019. Early adoption of this ASU is permitted. Upon adoption of this ASU, the Group is required to recognize and measure leases at the beginning of the earliest period presented in the consolidated financial statements using a modified retrospective approach. The modified retrospective approach includes a number of optional practical expedients that the Group may elect to apply. The Group is currently evaluating and assessing the impact of adoption of this ASU on its consolidated financial statements.

In March 2016, the FASB issued ASU 2016-08, which amends the principal-versus-agent implementation guidance and illustrations in the Board’s new revenue standard (ASC 606). The amendments in this update clarify the implementation guidance on principal versus agent considerations. When another party, along with the reporting entity, is involved in providing goods or services to a customer, an entity is required to determine whether the nature of its promise is to provide that good or service to the customer (as a principal) or to arrange for the good or service to be provided to the customer by the other party (as an agent). The guidance is effective for interim and annual periods beginning after December 15, 2017. The Group is in the process of evaluating the impact of adoption of this guidance on its consolidated financial statements.

DISCONTINUED OPERATIONS

12 Months Ended

Dec. 31, 2015

Discontinued Operations

DISCONTINUED OPERATIONS

3.	DISCONTINUED OPERATION

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

According to the Equity Interest Transfer Agreement, the Buyers may require the Company to repurchase the equity interest of AM Advertising upon the occurrence of certain events. As these events are considered improbable, no fair value was allocated to the associated put option (see Note 29).

The Equity Interest Transfer Agreement also contains an earnout structure, in the event that the net profit (before or after adjustment for non-recurring gains and losses, whichever is less) of restructured AM Advertising in each of the fiscal years of 2015, 2016, 2017, and 2018 (collectively, the “Covered Period”) is less than the profit target of RMB1.0592 billion (the “Profit Target”) (being RMB200 million, RMB240 million, RMB288 million and RMB331.2 million, equivalent to $30,875, $37,050, $44,459 and $51,128, for the fiscal years of 2015, 2016, 2017, and 2018 respectively), other shareholders of AM Advertising, excluding the Buyers, will be obligated to compensate the Buyers for the deficiency by transferring their equity interest in AM Advertising to the Buyers for nil consideration and/or by cash, based on a pre-determined formula with such compensations in aggregate being subject to a cap equal to the amount of the consideration. The earnout commitment was recorded at fair value and amounted to $25,240 as of December 31, 2015.

The disposal represents a strategic shift and has a major effect on the Group’s results of operations. The disposed entities are accounted as discontinued operations in the consolidated financial statements for the years ended December 31, 2013, 2014 and 2015. A gain of $244,164 was recognized on the disposal, which is determined based on the total consideration of $324,183, the fair value of the remaining 25% equity interest in AM Advertising of $79,718 that continues to be held by the Group, the net book value of the Target Business of $134,497 and the fair value of the earnout commitment of $25,240. Upon the Group’s disposal of its 75% interest in AM Advertising, the Group continues to hold 25% of the equity of AM Advertising, which is accounted for as an equity method investment. The Group’s share of earnings for the fiscal year ended December 31, 2015 amounted to $2,491 and was recorded within the (loss) income on equity method investments within the Consolidated Statements of Operations.

The financial results of the disposed business lines are set out below. Based on the Group’s management accounts, the assets, liabilities as of December 31, 2014, the revenue and expenses for the years ended December 31, 2013 and 2014 have been reclassified as discontinued operations to retrospectively reflect the changes.

Carrying amounts of assets disposed

	As of December 31,
	2014

Cash and cash equivalents	$	7,320
Restricted cash		11,172
Accounts receivable, net		61,459
Notes receivable		1,911
Prepaid concession fees		18,023
Prepaid expenses and other current assets		18,315
Amounts due from related parties		2,355
Deferred tax asset - current		1,101
Assets held for sale		777
Current assets of discontinued operations		122,433
Property and equipment, net		14,948
Acquired intangible assets, net		286
Long-term investment		3,087
Deferred tax assets - non-current		3,681
Long term deposit		11,789
Non-current assets of discontinued operations		33,791
Total assets of discontinued operations	$	156,224

Carrying amounts of liabilities disposed

	As of December 31,
	2014

Accounts payable	$	55,129
Accrued expenses and other liabilities		6,635
Income tax payable		555
Deferred revenue		9,519
Amounts due to related parties		790
Current liabilities of discontinued operations		72,628
Deferred tax liabilities - non-current		72
Non-current assets of discontinued operations		72
Total liabilities of discontinued operations	$	72,700

	For the years ended December 31,
	2013			2014			2015

Net revenues	$	181,013		$	177,788		$	166,843
Cost of revenues		(146,932	)		(139,227	)		(126,745	)

Gross profit		34,081			38,561			40,098

Operating expenses		(21,486	)		(17,868	)		(13,239	)

Income from operations		12,595			20,693			26,859

Gain from disposal of 75% equity interest in AM Advertising		-			-			244,164
Interest income		1,437			282			298
Other income, net		3,127			1,235			1,293
Income on equity method investments		-			20			265

Net income before income tax		17,159			22,230			272,879
Income taxes benefit/(expense)		1,176			(1,942	)		(51,696	)

Income from discontinued operations attributable to owners of the Company	$	18,335		$	20,288		$	221,183

As of December 31, 2014 the following balances were due from / to related parties:

Amounts due from related parties:

Name of related parties	Relationship	As of December 31, 2014
Beijing AirMedia Jiacheng Advertising Co., Ltd. (“Jiacheng Advertising”) (1)	Equity method investee		19
Guangxi Dingyuan Media Ltd. (“Guangxi Dingyuan”) (2)	Equity method investee		387
AM Jiaming (3)	Equity method investee		1,627
Dingsheng Ruizhi (Beijing) Investment Consulting Co., Ltd. (“Dingsheng Ruizhi”) (4)	Invested by management of the Group		322
		$	2,355

(1)

The amounts due from Jiacheng Advertising represents the uncollected concession fee of digital TV screens on airlines as of December 31, 2014.

(2)

The amounts due from Guangxi Dingyuan represents the amount of a deposit on concession fee receivable from Guangxi Dingyuan as of December 31, 2014.

(3)

The amounts due from AM Jiaming includes a short-term loan to AM Jiaming amounted to $1,612 and related interest receivable of $15 as of December 31, 2014.

(4)

The amount due from Dingsheng Ruizhi represents the unreceived consideration of $322 for selling 20% of equity interests in AM Film.

Amounts due to related parties:

Name of related parties	Relationship		As of December 31, 2014
Qingdao Airport AirMedia Advertising Co., Ltd (“Qingdao AM”) (5)		Equity method investee	$	790

(5)

The amount due to Qingdao AM represents the capital contribution commitment of $790 to Qingdao AM as of December 31, 2014, which was paid in January 2015.

Details of related party transactions for the years ended December 31, 2013, 2014 and 2015 were as follows:

Concession cost purchased from:

		For the years ended December 31
Name of related parties	Relationship	2013		2014		2015
Guangxi Dingyuan (6)	Equity method investee	$	-	$	233	$	1,107
Qingdao AM (7)	Equity method investee		-		-		1,230
		$	-	$	233	$	2,337

Loan to a related party:

		For the years ended December 31
Name of related parties	Relationship	2013		2014		2015
AM Jiaming (8)	Equity method investee	$	-	$	1,612	$	-
		$	-	$	1,612	$	-

Equity transaction with a related party:

		For the years ended December 31
Name of related parties	Relationship	2013		2014		2015
Beijing Dayun Culture Communication Co., Ltd. ("Dayun Culture") (9)	Invested by management of the Group	$	-	$	-	$	8,605
Dingsheng Ruizhi (10)	Invested by management of the Group				322		-
		$	-	$	322	$	8,605

(6)

The Group purchased stand-alone digital frames, LED and lightbox concession in Nanning airport from Guangxi Dingyuan amounting to $233 and $1,107 for the years ended December 31, 2014 and 2015.

(7)

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

(8)

In May 2014 and June 2014, the Group provided two loans to AM Jiaming, with amount of $806 and $806, respectively, at an annual interest rate equal to the bank lending rate over the same period, i.e. 6% for 2014. The loans will be due five days after the issuance of a written notice from the Group.

(9)

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

(10)

In June 2014, AM Advertising sold 20% equity interests in AM Film, a wholly-owned subsidiary, to Dingsheng Ruizhi with consideration of $322.

- Definition

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

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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Reference 2: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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+ Details

SEGMENT INFORMATION AND REVENUE ANALYSIS

12 Months Ended

Dec. 31, 2015

Segment Reporting Information, Revenue for Reportable Segment [Abstract]

SEGMENT INFORMATION AND REVENUE ANALYSIS

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,
	2013		2014		2015
Revenues from continuing operations:

Air Travel Media Network	$	80,002	$	59,200	$	38,817
Gas Station Media Network		12,726		11,164		9,840
Other Media		36		5,583		2,109

	$	92,764	$	75,947	$	50,866

- 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
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+ Details

SHORT-TERM INVESTMENTS

12 Months Ended

Dec. 31, 2015

Short-term Investments [Abstract]

SHORT-TERM INVESTMENTS

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 three months to less than one year, with interest rates ranging from 4% to 8.2%. The held-to-maturity securities are subject to penalty for early withdrawal before their maturity. The carrying amount of the held-to-maturity securities of $17,729 and $3,705 as of December 31, 2014 and 2015, respectively, approximated their fair values due to their credit ratings and their short-term nature.

LONG-TERM INVESTMENTS

12 Months Ended

Dec. 31, 2015

Long-term Investments [Abstract]

LONG-TERM INVESTMENTS

LONG-TERM INVESTMENTS

(a)

Equity method investments

The Group had the following equity method investments:

	As of December 31,
	2014				2015

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

Beijing Eastern Media Corporation Ltd. (“BEMC”) (1)		49	$	1,545		49	$	1,363
Zhejiang AirMedia Guangying Film Production Co., Ltd. (“AM Guangying”) (2)		38		3,219		47.6		3,081
AM Jiaming (3)		49		-		-		-
Jiacheng Advertising (4)		30		-		-		-
Beijing Hezhong Chuangjin Investment Co., Ltd. (“Hezhong Chuangjin”) (5)		-		-		15		2,144
Lanmeihangbiao Tiandi Internet Investment Management (Beijing) Co., Ltd. (“LMHB”) (6)		-		-		40		456
AM Advertising (7)		-		-		25		82,177

			$	4,764			$	89,221

(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 and December 2014, BEMC distributed dividend of $1,401 and $495, respectively, in which $686 and $242, respectively were 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 significant influence to the operation of BEMC.

(2)

In December 2013, the Group entered into an agreement with Zhejiang Tianguang Diying Production Co., Ltd. to establish 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. In March 2014, the Group participated a capital call at $1,629 without any change of its equity interest. As a result, the total contributed capital by the Group was $2,520 as of December 31, 2014 and 2015. 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 significant influence to the operation of AM Guangying.

(3)

In June 2014, the Group sold 51% equity interests in AM Jiaming to a third party, accordingly, AM Jiaming was changed from a wholly-owned subsidiary to a 49% equity method investee of the Group as of December 31, 2014.

In December 2015, the Group acquired 51% equity interest from AM Jiaming’s controlling shareholder with consideration of nil. Accordingly, AM Jiaming was a wholly-owned subsidiary of the Group as of December 31, 2015.

(4)

In December 2014, the Group entered into an agreement with Beijing East Culture Media Co., Ltd. (“East Jiacheng”) to establish Jiacheng Advertising. Jiacheng Advertising was registered on December 12, 2014 with total committed capital contribution of $4,849. The Group and East Jiacheng each committed to contribute $1,455 and $3,394, respectively, representing 30% and 70% of the equity interest of Jiaming Advertising. As of December 31, 2014, the Group did not pay any capital into Jiacheng Advertising. The capital contribution shall be paid within 50 years as is permitted under current PRC laws. Jiacheng Advertising mainly operates digital TV media resources.

In August 2015, the Group transferred all of its 30% equity interest in Jiacheng Advertising to AM Jinsheng (See Note 10), for consideration of $252.

(5)

In May 2015, AM Advertising, Beijing Financial Technology Investment Management Center (limited partnership), Beijing Hongdeshengzheng Investment Co., Ltd., and Beijing Hongyuan Zhixin Enterprise Management Consulting Co. Ltd. established Hezhong Chuangjin, which mainly focuses on internet financing. The total subscribed capital contribution was $16,200 and AM Advertising owns 15% shares with $2,430 committed investment. For the year ended December 31, 2015, $2,316 capital was paid by the Group.

In July 2015, AM Advertising transferred its investment in Hezhong Chuangjin to AM Online, a subsidiary of the Group at a consideration of $2,316, which was equal to the total investment cost and thus no gain or loss was incurred.

As the Group has one representative in the Board of Directors (three members in total) of Hezhong Chuangjin, and has significant influence over it, equity method is adopted in accounting for this investment.

(6)

In September 2015, AM Online entered into an agreement with BlueFocus wireless Internet (Beijing) Investment Management Co., Ltd. and two individual investors to establish a joint venture, LMHB. LMHB was incorporated on September 25, 2015 with total subscribed capital contribution of $1,544, of which 40% was contributed by AM Online. LMHB is mainly engaged in investment management of Wi-Fi platform marketing and other mobile internet industries.

(7)

On June 15, 2015, AirMedia entered into a definitive equity interest transfer agreement with Longde Wenchuang to sell 75% equity interest of AM Advertising for a cash consideration of $324,183 as disclosed in Note 1. The transaction was completed on December 7, 2015.

After the disposal, the Group holds 25% equity interest in AM Advertising and the Group has two representatives on the Board of Directors of AM Advertising (five members in total). The investment was accounted for using the equity method of accounting as the Group has the ability to exercise significant influence over the operation of AM Advertising.

The summarized financial information of the equity method investees were as follows:

	As of December 31,
	2014		2015
Total current assets	$	11,642	$	277,634
Total assets		11,646		319,797
Total current liabilities		1,353		135,190
Total liabilities		2,166		135,342

	For the years ended December 31,
	2013		2014		2015
Total net revenues	$	18,056	$	11,486	$	35,866
Total gross profits		1,280		567		15,341
Total net income		659		164		9,136

(b)

Cost method investment

In June 2010, the Group invested $367 for 20% equity interest in Zhangshangtong Air Service (Beijing) Co., Ltd. (“Zhangshangtong”), a company established in the PRC that is mainly engaged in air tickets agency services.

ACCOUNTS RECEIVABLE, NET

12 Months Ended

Dec. 31, 2015

Accounts Receivable, Net [Abstract]

ACCOUNTS RECEIVABLE, NET

ACCOUNTS RECEIVABLE, NET

Accounts receivable, net, consists of the following:

	As of December 31,
	2014			2015

Billed receivable	$	13,356		$	3,117
Unbilled receivable		14,636			8,067

Accounts receivable, gross		27,992			11,184

Less: Allowance for doubtful accounts		(4,458	)		(1,727	)

Accounts receivable, net	$	23,534		$	9,457

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

2013	$	362		1,049			-			22		$	1,433
2014	$	1,433		3,212			(7	)		(180	)	$	4,458
2015	$	4,458		(2,661	)		-			(70	)	$	1,727

OTHER CURRENT ASSETS

12 Months Ended

Dec. 31, 2015

Other Assets [Abstract]

OTHER CURRENT ASSETS

OTHER CURRENT ASSETS

Other current assets consist of the following:

	As of December 31,
	2014		2015

Input VAT receivable	$	4,438	$	13,604
Prepaid selling and marketing fees		829		773
Short-term deposits		162		150
Prepaid income tax		467		447
Prepaid individual income tax		451		433
Loans to third parties ⁽ⁱ⁾		-		5,403
Receivable from third party ⁽ⁱⁱ⁾		-		4,110
Receivable from a non-controlling interest holder		-		1,313
Receivables from ADS depositary		-		468
Other assets from nonmonetary transactions		-		212
Other prepaid expenses		972		3,991

	$	7,319	$	30,904

(i)

Loans to third parties represented the loans to three third parties. On December 3, 2015, December 21, 2015 and December 24, 2015, the Group entered into three loan agreements with three third parties amounting to $617, $1,698 and $3,088, respectively with the terms of one year, one year and three months, respectively. The interest rates were 4.35%, 4.35% and 5.655% without any assets pledged. The loan of $1,698 was subsequently repaid in January 2016.

(ii)

Receivable from third party represented the working capital provided by the Group to support the third party’s daily operations.

CONSIDERATION RECEIVABLE

12 Months Ended

Dec. 31, 2015

Consideration Receivable

CONSIDERATION RECEIVABLE

CONSIDERATION RECEIVABLE

Consideration receivable of $200,685 represents the second installment of the total consideration for the sale of 75% equity interest in AM Advertising to the Buyers. The transaction is disclosed in Note 1. The first installment of RMB800 million ($123,498) was received in July 2015 and the second installment of RMB1,300 million ($200,685) was subsequently received in January 2016.

ASSETS HELD FOR SALE

12 Months Ended

Dec. 31, 2015

Discontinued Operations and Disposal Groups [Abstract]

ASSETS HELD FOR SALE

10.

ASSETS HELD FOR SALE

On January 13, 2015, the Group entered into an agreement with Beijing Tianyi Culture Development Co., Ltd., a third party, to sell 81% equity interest in AM Jinsheng at the consideration of $1,227, which operated the Group’s TV-attached digital frames. This disposal did not represent a strategic shift or have a major effect on the Group’s results of operations, accordingly the disposal of such equity interest was not presented as discontinued operations. In late September 2015, the Group disposed its remaining 19% interest in AM Jinsheng to Beijing Tianyi Culture Development Co. Ltd. (“Tianyi Culture”), the controlling shareholder of AM Jinsheng, at the nominal consideration of RMB1. No gain or loss was recognized since the long-term investment in AM Jinsheng was fully impaired before the disposal due to continuous losses.

OTHER NON-CURRENT ASSETS

12 Months Ended

Dec. 31, 2015

Other Assets, Noncurrent Disclosure [Abstract]

OTHER NON-CURRENT ASSETS

11.

OTHER NON-CURRENT ASSETS

Other non-current assets consist of the following:

	As of December 31,
	2014		2015

Investment in film and TV series⁽ⁱ⁾	$	6,128	$	4,781
Prepaid office space and leasehold improvement fees⁽ⁱⁱ⁾		-		6,831

	$	6,128	$	11,612

(i)

Amounts related to the investments in films and TV series that are expected to receive investment returns within one year after December 31 of each fiscal year are recorded as other current assets. The remaining balance is recorded as other non-current assets. The investments of $6,128 and $4,781 were recorded as other non-current assets for the years ended December 31, 2014 and 2015, respectively.

The Group also enters into agreements with other investors to invest together on certain film or TV series, which are produced by third parties, and shares the profit of the invested films and TV series proportionally based on their investments. The Group received the investment from other investors, and recorded it as other non-current liabilities amounted to $1,257 and $1,205 as of December 31, 2014 and 2015 due to the long-term of expected investment returns.

(ii)

In 2015, the Group prepaid for office space and leasehold improvement fees in total of $6,831. As the office spaces legal title had not been transferred to the Group, the prepaid amounts were recognized as other non-current assets as of December 31, 2015.

LONG-TERM DEPOSITS

12 Months Ended

Dec. 31, 2015

Deposit Assets Disclosure [Abstract]

LONG-TERM DEPOSITS

12.

LONG-TERM DEPOSITS

Long term deposits consist of the following:

	As of December 31,
	2014		2015

Concession fee deposits	$	8,195	$	4,527
Office rental deposits		316		352

	$	8,511	$	4,879

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 cost.

ACQUIRED INTANGIBLE ASSETS, NET

12 Months Ended

Dec. 31, 2015

Intangible Assets, Net (Excluding Goodwill) [Abstract]

ACQUIRED INTANGIBLE ASSETS, NET

13.

ACQUIRED INTANGIBLE ASSETS, NET

Acquired intangible assets, net, consist of the following:

	As of December 31,
	2014										2015
	Gross								Net		Gross								Net
	carrying		Accumulated			Accumulated			carrying		carrying		Accumulated			Accumulated			carrying
	amount		amortization			impairment			amount		amount		amortization			impairment			amount

Audio-vision programming and broadcasting qualification	$	224	$	(38	)	$	(186	)	$	-	$	214	$	(37	)	$	(177	)	$	-
Customer relationships		771		(771	)		-			-		739		(739	)		-			-
Contract backlog		1,612		(1,612	)		-			-		1,544		(1544	)		-			-
Concession agreements		8,502		(7,351	)		(630	)		521		10,459		(7,531	)		(603	)		2,325
Non-compete agreements		190		(180	)		(10	)		-		182		(172	)		(10	)		-

	$	11,299	$	(9,952	)	$	(826	)	$	521	$	13,138	$	(10,023	)	$	(790	)	$	2,325

The amortization expense for the years ended December 31, 2013, 2014 and 2015 were $692, $462 and $505, respectively. During fiscal years 2016, 2017, 2018, 2019 and thereafter, the Group expects to record amortization expenses for definite-lived intangible assets of $507, $507, $507, $386 and $418, respectively.

PROPERTY AND EQUIPMENT, NET

12 Months Ended

Dec. 31, 2015

Property, Plant and Equipment [Abstract]

PROPERTY AND EQUIPMENT, NET

14.

PROPERTY AND EQUIPMENT, NET

Property and equipment, net, consist of the following:

	As of December 31,
	2014			2015
Digital display network equipment	$	49,427		$	26,049
Gas station display network equipment		23,261			33,412
Software		10,367			9,959
Computer and office equipment		2,717			3,140
Vehicle		985			774
Leasehold improvement		209			218
Furniture and fixture		687			1,092

Less: accumulated depreciation		(52,272	)		(26,305	)

	$	35,381		$	48,339

Depreciation expense recorded for the years ended December 31, 2013, 2014 and 2015 were $11,121, $5,832 and $5,266, respectively.

PREPAID EQUIPMENT COST

12 Months Ended

Dec. 31, 2015

Prepaid Equipment Cost [Abstract]

PREPAID EQUIPMENT COST

15.

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 VIEs’ subsidiaries, with LED screens from Elec-Tech, pursuant to which Elec-Tech would invest $104,000 in total (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. The Group considered this transaction 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 20. The Group would not recognize any gain or loss from this transaction.

Elec-Tech had injected a total of $68,458 (RMB420 million) into GreatView Media during the year ended December 31, 2014. The Group purchased 1,200 sets of LED screens in total from Elec-Tech, amounting to $55,416 net of VAT for its gas station media business as of December 31, 2015. As of December 31, 2015, the Group has installed and accepted 600 sets of LED screens amounting to $27,708.

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

12 Months Ended

Dec. 31, 2015

Accrued Liabilities and Other Liabilities [Abstract]

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

16.

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

Accrued expenses and other current liabilities consist of the follows:

	As of December 31,
	2014		2015

Accrued payroll and welfare	$	1,773	$	1,860
Other tax payable		560		1,462
Accrued staff disbursement		738		1,166
Deposit payable		837		665
Accrued professional fees		386		4,382
Other current liabilities		569		1,209

	$	4,863	$	10,744

SHORT-TERM LOAN

12 Months Ended

Dec. 31, 2015

Debt Disclosure [Abstract]

SHORT-TERM LOAN

17.

SHORT-TERM LOAN

In January 2014, the Group entered into a short-term loan agreement with Bank of Ping’An for a loan of $1,800 from January 8, 2014 to January 7, 2015 with an annual interest rate of 2.89%.

In March 2014, the Group entered into a short-term loan agreement with Bank of Ping’An for another loan of $1,200 from March 31, 2014 to March 30, 2015 with an annual interest rate of 2.86%. The interest expenses for the loans were $77 for the year ended December 31, 2014. As of March 31, 2015, both of the loans and interest expense were fully repaid.

INCOME TAXES

12 Months Ended

Dec. 31, 2015

Income Tax Disclosure [Abstract]

INCOME TAXES

18.

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, 2013, 2014 and 2015, 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 2013, 2014 and 2015, 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 rate of 12.5% for the year 2012. For the year 2013 and thereafter, it is subject to an EIT rate of 25%.

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 approval by the relevant tax authorities. As Xi’an AM first made profit in 2009, it was exempted from EIT in 2009 and 2010, and enjoyed the preferential income tax rate of 12.5% from 2011 to 2013. In 2014, Xi’an AM qualified as HNTE and entitled to an EIT rate of 15% for the years 2014 and 2015, and is expected to be subject to an EIT rate of 15% as long as it maintains its status as a HNTE.

Income tax (expenses) /benefits are as follows:

	For the years ended December 31,
	2013			2014			2015

Income tax (expenses)/benefits:
Current	$	(1,088	)	$	(988	)	$	(480	)
Deferred		1,625			2,500			(5,941	)

	$	537			1,512		$	(6,421	)

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

	As of December 31,
	2014			2015
Deferred tax assets:
Current
Allowance for doubtful accounts	$	1,347		$	899
Accrued payroll		390			-
Employee education fee excess		-			6
Valuation allowance		(1,253	)		(864	)

Deferred tax assets - current		484			41

Non-current
Depreciation of property and equipment		245			127
Amortization of intangible assets and concession fees		2,821			2,274
Net operating loss carry forwards		10,842			15,404
Valuation allowance		(3,657	)		(13,322	)

Deferred tax assets - non-current		10,251			4,483

Total deferred tax assets		10,735			4,524

Deferred tax liabilities:
Non-current
Acquired intangible assets		130			91

Total deferred tax liabilities	$	130		$	91

The valuation allowance provided as of December 31, 2015 relates to the deferred tax assets generated by AM Technology, Jiaming Advertising, AM Yuehang, AM Film, AM Wenzhou, Hainan Jinhui, Dongding, GreatView Media, Guangzhou Meizheng, and AM Tianyi 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 $15,404 as of December 31, 2015. The net operating loss carry forwards for the PRC subsidiaries will expire on various dates through year 2020.

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,
	2013			2014			2015

Net loss before provision for income taxes	$	(30,323	)	$	(53,414	)	$	(74,202	)
PRC statutory tax rate		25	%		25	%		25	%
Income tax at statutory tax rate		(7,581	)		(13,354	)		(18,551	)

Expenses not deductible for tax purposes:
Entertainment expenses exceeded the tax limit		271			217			300
Tax effect of tax losses not recognized		346			10			-
Tax effect of other permanent differences		88			360			330
Changes in valuation allowance		526			2,748			9,276
Effect of preferential tax rates granted to PRC entities		5,379			7,912			14,404
Effect of income tax rate difference in other jurisdictions		434			595			662

Income tax expenses/ (benefits)	$	(537	)	$	(1,512	)		6,421

Effective tax rates		1.8	%		2.8	%		(8.7	)%

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, 2013, 2014 and 2015, the impact to net loss per share amounts would be as follows:

	For the years ended December 31,
	2013			2014			2015

decrease in income tax expenses	$	(5,379	)	$	(7,912	)	$	(14,404	)
decrease in net loss per ordinary share-basic		(0.04	)		(0.07	)		(0.12	)
decrease in net loss per ordinary share-diluted		(0.04	)		(0.07	)		(0.11	)

The Group did not identify significant unrecognized tax benefits for the years ended December 31, 2013, 2014 and 2015. The Group did not incur any interest and penalties related to potential underpaid income tax expenses for the years ended December 31, 2013, 2014 and 2015.

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 were in a loss position and had accumulated deficit as of December 31, 2013 and 2014, 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. As of December 31, 2015, the Company’s subsidiaries located in the PRC were in a profit position and had accumulated profit. The Company did not record any tax on any of the undistributed earnings because the relevant subsidiaries do not intend to declare dividends and the Company intends to permanently reinvest it within the PRC. Additionally, no deferred tax liability was recorded for taxable temporary differences attributable to the undistributed earnings of VIEs because the Company believes the undistributed earnings can be distributed in a manner that would not be subject to income tax.

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

NET (LOSS) INCOME PER SHARE

12 Months Ended

Dec. 31, 2015

Earnings Per Share [Abstract]

NET (LOSS) INCOME PER SHARE

19.

NET (LOSS) INCOME PER SHARE

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

	For the years ended December 31,
	2013			2014			2015

Numerator:
Net (loss) income attributable to AirMedia Group Inc.’s ordinary shareholders	$	(10,626	)	$	(25,695	)	$	149,647
- Continuing operations		(28,961	)		(45,306	)		(70,651	)
- Discontinued operations		18,335			19,611			220,298

Denominator:
Weighted average ordinary shares outstanding used in computing net (loss) income per ordinary share
- basic		120,386,635			119,304,773			121,740,194
- diluted		120,386,635			119,304,773			129,372,158
Weighted average shares used in calculating (loss) income per ordinary shares
Basic
Continuing operations		120,386,635			119,304,773			121,740,194
Discontinued operations		120,386,635			119,304,773			121,740,194
Diluted
Continuing operations (i)		120,386,635			119,304,773			121,740,194
Discontinued operations (ii)		120,391,294			119,924,927			129,372,158

Net (loss) income per ordinary share
-basic	$	(0.09	)	$	(0.22	)	$	1.23
-diluted		(0.09	)		(0.22	)		1.16
Net (loss) income per ordinary share from continuing operations
-basic	$	(0.24	)	$	(0.38	)	$	(0.58	)
-diluted		(0.24	)		(0.38	)		(0.58	)
Net income per ordinary share from discontinued operations
-basic	$	0.15		$	0.16		$	1.81
-diluted		0.15			0.16			1.70

(i)

The effect of options was excluded from the computation of diluted loss per share from continuing operations for the years ended December 31, 2013, 2014 and 2015, respectively, as the effect would be anti-dilutive.

(ii)

An incremental weighted average number of 4,659, 620,154 and 7,631,964 ordinary shares from assumed exercise of share option were included in computing the diluted income per share for the discontinued operations for the years ended December 31, 2013, 2014 and 2015, respectively.

SHARE BASED PAYMENTS

12 Months Ended

Dec. 31, 2015

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

SHARE BASED PAYMENTS

20.

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 April 15, 2014, the Board of Directors approved to extend the expiration dates of the options granted on November 29, 2007 and July 10, 2009 from April 28, 2014 to April 28, 2016. Modified awards are viewed as an exchange of the original award for a new award. The fair value of the stock options, which was $0.21 and $0.21 per share, respectively, as of the modification dates, was estimated using the Black-Scholes model. The incremental compensation cost of the modified award were $4 and $4, respectively, which were recognized as share-based compensation expense for the year ended December 31, 2014.

On May 31, 2014, the former CFO resigned and the Board of Directors approved the amendment of his share option agreement. On the date of resignation, 575,440 unvested options were cancelled and the expiration date of 1,282,098 vested options was modified from September 3, 2017 to May 31, 2016. The fair value of the stock options, which was $0.43 per share as of the modification date, was estimated using the Black-Scholes model. The incremental compensation cost of the modified award was $201, which was recognized as share-based compensation expense for the year ended December 31, 2014.

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

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

2011 Share incentive plan

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

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

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

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 years ended December 31, 2013, 2014 and 2015, the Group recognized $59, nil and nil 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. 20,000 share options were vested immediately and one-third of the 60,000 share options vested on February 1, May 1 and August 1, 2013, respectively.

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

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

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

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

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

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

The following summary of stock option activities under the 2007, 2011 and 2012 Share incentive plans as of December 31, 2015, 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 as of January 1, 2015		14,853,764		$	1.15	$	1.18
Granted		660,000			1.68		1.16
Exercised		(4,453,232	)		1.20		1.42
Forfeited		(621,692	)		1.38		1.20

Outstanding as of December 31, 2015		10,438,840		$	1.14	$	1.07		2.16	$	17,236

Options vested and expected to vest as of December 31, 2015		10,332,009		$	1.14	$	1.07		2.15	$	17,056

Options exercisable as of December 31, 2015		9,237,208		$	1.14	$	1.13		1.99	$	15,262

The total intrinsic value of options exercised during the years ended December 31, 2013, 2014 and 2015 were $3, $442 and $7,039, respectively. The total fair value of options vested during the years ended December 31, 2013, 2014 and 2015 were $1,476, $357 and $649, respectively.

The Group recorded share-based compensation of $943, $1,281 and $567 for the years ended December 31, 2013, 2014 and 2015, respectively. There was $843 of total unrecognized compensation expense related to unvested share options granted as of December 31, 2015. The expense is expected to be recognized over a weighted-average period of 1.67 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 during the applicable period.

	For the years ended December 31,
	2013		2014		2015

Risk-free interest rate of return	0.12%-1.10	%	0.10% - 1.07	%	0.00%-1.24	%
Expected term	0.33-4.42 years		1.00 - 3.32 years		0.04-2.93 Years
Volatility	64.75%-94.43	%	63.10% - 67.06	%	7.19%-126.63	%
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, 2015

Fair Value Disclosures [Abstract]

FAIR VALUE MEASUREMENT

21.

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, short-term loans, accounts payable, and amounts due to related parties on a recurring basis as of December 31, 2014 and 2015.

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 intangible assets at fair value on a nonrecurring basis. The fair value was determined using models with significant unobservable inputs (Level 3 inputs), primarily management projections on discounted future cash flow and the discount rate. No impairment was recorded for the year ended December 31, 2015.

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 15. For the years ended December 31, 2014 and 2015, the Group evaluated the fair value of the LED screens when the exchange transaction occurred. The fair value was determined using the market approach (sales comparison method) with quoted price for similar assets in active markets (Level 2 inputs). No impairment was recorded for the year ended December 31, 2015.

The Group measured its long-term investment in 25% equity interests of AM Advertising at fair value on a nonrecurring basis as result of the disposal transaction of Target Business as set forth in Note 3. The fair value was determined using models with significant unobservable inputs (Level 3 inputs) which primarily included management projections on the discounted future cash flow analysis including the discount rate using the weighted average cost of capital of 17% and expected revenue growth rates with a long-term growth rate at 3%. No impairment was recorded for the year ended December 31, 2015.

The Group measured the provision for earnout commitment at fair value on a nonrecurring basis as result of the disposal transaction of Target Business as set forth in Note 3. The fair value was determined using the Monte Carlo method with significant unobservable inputs (Level 3 inputs) which primarily included forecast adjusted net income over the contingent consideration period and the risk-adjusted discount rate of 7.5%.

SHARE REPURCHASE PLAN

12 Months Ended

Dec. 31, 2015

SHARE REPURCHASE PLAN [Abstract]

SHARE REPURCHASE PLAN

22.

SHARE REPURCHASE PLAN

On March 21, 2011, the Board of Directors authorized the Company 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.

Up to December 31, 2015, the Company had repurchased an aggregate of 6,532,429 ADSs from the open market for a total consideration of $17.4 million, of which 2,190,685 ADSs had been cancelled and 4,341,744 ADSs were recorded as treasury stock. As of December 31, 2015, 2,708,538 ADS of treasury stock has been reissued.

MAINLAND CHINA CONTRIBUTION PLAN

12 Months Ended

Dec. 31, 2015

Pension and Other Postretirement Benefit Contributions [Abstract]

MAINLAND CHINA CONTRIBUTION PLAN

23.

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 $2,173, $2,717 and $2,202 for the years ended December 31, 2013, 2014 and 2015, respectively.

STATUTORY RESERVES

12 Months Ended

Dec. 31, 2015

STATUTORY RESERVES [Abstract]

STATUTORY RESERVES

24.

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 $413 and $17,542 to statutory reserves during the years ended December 31, 2014 and 2015, 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, 2015

RESTRICTED NET ASSETS [Abstract]

RESTRICTED NET ASSETS

25.

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, 2015, the balance of restricted net assets was $313,780, of which $114,695 was attributed to the paid-in-capital and statutory reserves of the VIEs and VIEs' subsidiaries, and $199,085 was attributed to the paid in capital and statutory reserves of WFOE,. Under applicable PRC laws, loans from PRC companies to their offshore affiliated entities require governmental approval, and advances by PRC companies to their offshore affiliated entities must be supported by bona fide business transactions.

COMMITMENTS

12 Months Ended

Dec. 31, 2015

COMMITMENTS [Abstract]

COMMITMENTS

26.

COMMITMENTS

(a)

Operating 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, 2013, 2014 and 2015 were $1,141, $1,316 and $1,507, respectively.

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

Year

2016	$	1,279
2017		249
2018		104

	$	1,632

(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 2029 and are renewable upon negotiation. Concession fees charged into statements of operations for the years ended December 31, 2013, 2014 and 2015 were $67,314, $71,533 and $64,752 respectively.

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

Year

2016	$	21,035
2017		18,215
2018		17,193
2019		15,539
2020		15,620
2021 and thereafter		9,378

	$	96,980

(c)

Capital commitments

The Group has entered into purchase agreements with vendors for media equipment and gas stations and a property. The minimum purchase payments under non-cancellable purchase agreements were $26,177 for the year ending December 31, 2016. No capital commitments exist beyond fiscal year 2016.

(d)

Other commitments

In December 2014, the Group has entered into an agreement with East Jiacheng to commit to contribute capital of $1,455 into Jiacheng Advertising, a company invested by the Group and East Jiacheng. As of December 31, 2014, the Group had not yet contributed capital, which shall be payable within 50 years as is permitted under the current PRC laws.

In August 2015, the Group disposed its 30% interest in Jiacheng Advertising to AM Jinsheng (see Note 6) with no committed capital paid. Later in September 2015, AM Jinsheng was disposed to a third party. The capital injection obligation to Jiacheng Advertising was transferred out with the disposal.

CONTINGENT LIABILITIES

12 Months Ended

Dec. 31, 2015

CONTINGENT LIABILITIES [Abstract]

CONTINGENT LIABILITIES

27.

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 our advertisements in Beijing Capital International Airport, Shanghai Pudong International Airport, Shanghai Hongqiao Airport, and Shenyang Taoxian International Airport, and Changchun Longjia International Airport, and registrations have been approved by the SAIC offices in four 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, 2015, the Group did not record a provision for this matter as management believes the possibility of an 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 alliance with China Radio International Oriental Network (Beijing) Co., Ltd (“CRION”), which manages the internet TV business of China International Broadcasting Network, to operate the CIBN-AirMedia channel for broadcast network TV programs to air travellers in China. According to the terms of the cooperation arrangement with CRION, during the cooperation period from March 28, 2014 to March 27, 2024, CRION shall obtain and, from time to time, be responsible for obtaining any approval, license and consent regarding the regulation of broadcasting and television from relevant authorities.

There is no assurance that CRION will be able to obtain or maintain the requisite approval or the Group will be able to renew the contract with CRION when they expire. If the requisite approval is not obtained, the Group will be required to eliminate non-advertising content from the programs included in the Group’s digital frames and digital TV screens and advertisers may find the Group’s network less attractive and be unwilling to purchase advertising time slots on the Group’s network. As of December 31, 2015, 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.

(c)

Class action

The Company and two of its officers were named as defendants in a putative securities class action filed on June 25, 2015 in the U.S. District Court for the Southern District of New York: Huang v. AirMedia Group Inc. et al., Civil Action No. 1:15-CV-04966-ALC (S.D.N.Y.). The complaint in this putative class action alleges that certain of the defendants’ financial statements and other public statements and disclosures contained misstatements or omissions, including with respect to the alleged sale of an equity interest in the Company’s advertising subsidiary, in violation the U.S. securities laws. The complaint states that plaintiffs seek to represent a class of persons who allegedly suffered damages as a result of their trading activities related to the Company’s ADRs between April 15 and June 15, 2015, and alleges violations of Sections 10(b) and 20(a) of the U.S. Securities Exchange Act of 1934, and Rule 10b-5 promulgated thereunder. On November 10, 2015, the Court appointed China Xiayuan Transportation Co. Ltd. as the lead plaintiff and appointed a lead counsel. On January 15, 2016, the lead plaintiff filed an amended complaint, advancing similar allegations and claims as the previously filed complaint and seeking to represent a class of persons who allegedly suffered damages as a result of their trading activities related to the Company’s ADRs between April 7 and June 15, 2015. On February 5, 2016, the Company filed a letter pursuant to the judge’s individual practice rules, in which the Company identified the bases for its anticipated motion to dismiss the amended complaint and requested a pre-motion conference. On February 10, 2016, the lead plaintiff filed a letter in response to the Company’s February 5, 2016 letter. On February 11, 2016, the court denied the request for a pre-motion conference, and ordered a briefing schedule. Consistent with the court’s briefing schedule, on March 10, 2016, the Company and one of its officers (the “Filing Defendants”) filed a motion to dismiss the amended complaint. On April 7, 2016, the lead plaintiff filed its opposition to the motion to dismiss. On April 21, 2016, the Filing Defendants filed a reply to the lead plaintiff’s opposition. As of December 31, 2015, 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.

The Group are not currently a party to, nor is it aware of, any other legal proceeding, investigation or claim which, in the opinion of its management, is likely to have a material adverse effect on its business, financial condition or results of operations. The Group may become subject to legal proceedings, investigations and claims incidental to the conduct of its business from time to time.

RELATED PARTY TRANSACTIONS

12 Months Ended

Dec. 31, 2015

RELATED PARTY TRANSACTIONS

28.

RELATED PARTY TRANSACTIONS

(a)

Details of outstanding balances with the Group’s related parties as of December 31, 2014 and 2015 were as follows:

Amount due from related parties:

		As of December 31,
Name of related parties	Relationship	2014		2015

Dayun Culture (1)	Invested by management of the Group	$	796	$	233

Beijing AirMedia Advertising Co., Ltd. (“AM Jinshi”) (2)	Wholly-owned subsidiary of equity method investee		-		1,182

Beijing AirMedia Lianhe Advertising Co., Ltd. (“AirMedia Lianhe”) (2)	Wholly-owned subsidiary of equity method investee		-		615

AirMedia City (Beijing) Outdoor Advertising Co., Ltd. (“AM Outdoor”) (2)	Wholly-owned subsidiary of equity method investee		-		360

Beijing AirMedia Jinshi Advertising Co., Ltd. (“TianJin Jinshi”) (2)	Wholly-owned subsidiary of equity method investee		-		362

BEMC (3)	Equity method investee		157		-

		$	953	$	2,752

(1)

The amounts due from Dayun Culture represent the unreceived consideration of $796 and $233 for selling 20% of equity interests in AirMedia Lianhe as of December 31, 2014 and 2015.

(2)

The amounts due from AM Jinshi, AirMedia Lianhe, AM Outdoor and TianJin Jinshi represents the amount of concession using fees receivable as of December 31, 2015.

(3)

The amounts due from BEMC represent the uncollected advertising revenues earned from BEMC as of December 31, 2014.

(b)

Details of outstanding balances with the Group’s related parties as of December 31, 2014 and 2015 were as follows:

Amount due to related parties:

		As of December 31,
Name of related parties	Relationship	2014		2015

AirTV United (1)	Wholly-owned subsidiary of equity method investee	$	-	$	296

AM Advertising (2)	Equity method investee		-		15,093

		$	-	$	15,389

(1)

The amounts due to AirTV United raised from the restructuring before the disposal as disclosed in Note 3.

(2)

The amounts due to AM Advertising mainly represent the concession fee payables for using concessions owned by AM Advertising, unpaid loans incurred before the disposal and related interests due to AM Advertising as of December 31, 2015.

(c)

Details of related party transactions for the years ended December 31, 2013, 2014 and 2015 were as follows:

Revenues earned from:

		For the years ended December 31
Name of related parties	Relationship	2013		2014		2015

BEMC	Equity method investee	$	681	$	-	$	-
AM Jinshi (1)	Wholly-owned subsidiary of equity method investee		-		-		278
AM Advertising (1)	Equity method investee		-		-		2

		$	681	$	-	$	280

Concession cost purchased from:

		For the years ended December 31
Name of related parties	Relationship	2013		2014		2015

AM Jinshi (1)	Wholly-owned subsidiary of equity method investee		-		-		2
AM Advertising (1)	Equity method investee		-		-		142

		$	-	$	-	$	144

(c)

Details of related party transactions occurred, for the years ended December 31, 2013, 2014 and 2015 were as follows - continued:

Equity transaction with related parties:

		For the years ended December 31
Name of related parties	Relationship	2013		2014		2015

Dayun Culture (2)	Invested by management of the Group	$	-	$	2,766	$	-

		$	-	$	2,766	$	-

(1)

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

(2)

In August 2014, the Group sold 20% equity interest in AirMedia Lianhe, a wholly-owned subsidiary, to Dayun Culture, with a consideration of $2,766.

- 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

SUBSEQUENT EVENTS

12 Months Ended

Dec. 31, 2015

Subsequent Events [Abstract]

SUBSEQUENT EVENTS

29.

SUBSEQUENT EVENTS

In May 2016, the Group received a written confirmation to confirm that none of the triggering events occurred which may have required the Company to repurchase its disposed equity interest in AM Advertising, as disclosed in Note 3. Accordingly, no related put option right remained outstanding.

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

12 Months Ended

Dec. 31, 2015

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

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

AIRMEDIA GROUP INC.

ADDITIONAL INFORMATION-FINANCIAL STATEMENT SCHEDULE I

FINANCIAL INFORMATION OF PARENT COMPANY

BALANCE SHEETS

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

	As of December 31,
	2014			2015
Assets
Current assets
Cash and cash equivalents	$	2,029		$	332
Amount due from subsidiaries		178,347			179,619
Other current assets		556			1,369

Total current assets		180,932			181,320

Non-current assets
Investment in subsidiaries		71,023			205,501

TOTAL ASSETS		251,955			386,821

Liabilities
Current liabilities
Amount due to subsidiaries		3,135			-
Accrued expenses and other current liabilities		84			253

Total liabilities		3,219			253

Equity
Ordinary Shares ($0.001 par value; 900,000,000 shares authorized in 2014 and 2015; 127,662,057 shares and 127,662,057 shares issued as of December 31, 2014 and 2015, respectively; 119,942,413 shares and 124,395,645 shares outstanding as of December 31, 2014 and 2015, respectively)		128			128
Additional paid in capital		323,167			317,414
Treasury stock (7,719,644 and 3,266,412 shares as of December 31, 2014 and 2015, respectively)		(9,236	)		(3,778	)
Accumulated deficits		(99,138	)		49,876
Accumulated other comprehensive income		33,815			22,928

Total equity		248,736			386,568

TOTAL LIABILITIES AND EQUITY	$	251,955		$	386,821

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,
	2013			2014			2015
Operating expenses
Selling and marketing	$	-		$	(144	)	$	-
General and administrative		(2,239	)		(1,676	)		(2,070	)

Total operating expenses		(2,239	)		(1,820	)		(2,070	)

Investment (loss) income in subsidiaries		(8,387	)		(23,875	)		151,717

Net (loss) income attributable to holders of ordinary shares	$	(10,626	)	$	(25,695	)	$	149,647

AIRMEDIA GROUP INC.

ADDITIONAL INFORMATION-FINANCIAL STATEMENT SCHEDULE I

FINANCIAL INFORMATION OF PARENT COMPANY

STATEMENTS OF COMPREHENSIVE (LOSS) INCOME

(In U.S. dollars in thousands)

	For the years ended December 31,
	2013			2014			2015

Net (loss) income	$	(10,626	)	$	(25,695	)	$	149,647
Other comprehensive income (loss), net of tax:
Change in cumulative foreign currency translation adjustment		7,281			(6,414	)		(10,887	)

Comprehensive (loss) income attributable to Parent Company	$	(3,345	)	$	(32,109	)	$	138,760

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 or otherwise noted)

															Accumulated
												(Accumulated			other
	Ordinary shares					Additional			Treasury			deficits)			comprehensive			Total
	Shares			Amount		paid in capital			stock			retained earnings			income			equity
Balance as of January 1, 2013		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

Ordinary shares issued for share based compensation		808,278			-		-			624			-			-			624
Share-based compensation		-			-		1,359			-			-			-			1,359
Foreign currency translation adjustment		-			-		-			-			-			(6,414	)		(6,414	)
Capital contribution from non-controlling interests		-			-		6,463			-			-			-			6,463
Disposal of equity interests of AM Film and AirMedia Lianhe		-			-		1,433			-			-			-			1,433
Net loss		-			-		-			-			(25,695	)		-			(25,695	)

Balance as of December 31, 2014		119,942,413		$	128	$	323,167		$	(9,236	)	$	(99,138	)	$	33,815		$	248,736

Ordinary shares issued for share based compensation		4,453,232			-		-			5,458			(633	)		-			4,825
Share-based compensation		-			-		598			-			-			-			598
Foreign currency translation adjustment		-			-		-			-			-			(10,887	)		(10,887	)
Net income		-			-		-			-			149,647			-			149,647
Capital contribution from non-controlling interests		-			-		271			-			-			-			271
Capital contribution to Guangzhou Meizheng		-			-		(459	)		-			-			-			(459	)
Purchase the non-controlling interest in subsidiary AirMedia Lianhe		-			-		(6,163	)		-			-			-			(6,163	)

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

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,
	2013			2014			2015
CASH FLOWS FROM OPERATING ACTIVITIES
Net (loss) income	$	(10,626	)	$	(25,695	)	$	149,647
Investment loss (income) in subsidiaries		8,387			23,875			(151,717	)
Share-based compensation		1,251			1,359			598

CHANGES IN WORKING CAPITAL ACCOUNTS
Other current assets		444			(221	)		(813	)
Accounts payable		-			-			-
Accrued expenses and other current liabilities		(3	)		(308	)		169
Amount due to subsidiaries		3,231			(517	)		(3,135	)
Amount due from subsidiaries		(41	)		2,898			(1,272	)

Net cash provided by (used in) operating activities		2,643			1,391			(6,523	)

CASH FLOWS FROM FINANCING ACTIVITIES
Cash paid for treasury stock		(2,846	)		-			-
Proceeds from exercises of stock options		21			624			4,826

Net cash (used in) provided by financing activities.		(2,825	)		624			4,826

Net (decrease)/increase in cash		(182	)		2,015			(1,697	)
Cash, at beginning of year		196			14			2,029

Cash, at end of year	$	14		$	2,029		$	332

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 its VIEs, AirMedia Shengshi, Jiaming Advertising, AM Yuehang and AM Online, and VIEs’ subsidiaries, AM Film, Flying Dragon, AM Wenzhou, Hainan Jinhui, Dongding, GreatView Media, Guangzhou Meizheng, AM Tianyi, Guangzhou Xinyu, Guangzhou Tech, AM Mobile, AMHL Mobile, AM Jiaming, and the eleven-months’ financial information from discontinued operations, AM Advertising and its subsidiaries AM Jinshi, Tianjin Jinshi, AM Outdoor, AirMedia Lianhe, AirTV United and Jiangxi AM.

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, 2015

Accounting Policies [Abstract]

Basis of presentation

(a)

Basis of presentation

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

Basis of consolidation

(b)

Basis of consolidation

Discontinued operations

(c)

Discontinued operations

Use of estimates

(d)

Use of estimates

Significant risks and uncertainties

(e)

Significant risks and uncertainties

Fair value

(f)

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

(g)

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, assets held for sale, short-term loan, 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, 2014 and 2015.

The Group's financial assets and liabilities measured at fair value on a non-recurring basis include assets held for sale based on level 1 inputs, certain assets in connection with an equity share exchange transaction based on level 2 inputs and acquired assets and liabilities based on level 3 inputs in connection with business combinations.

Cash and cash equivalents

(h)

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

(i)

Restricted cash

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

Short-term investment

(j)

Short-term investment

Assets held for sale

(k)

Assets held for sale

Property and equipment

(l)

Property and equipment

Property and equipment are carried at cost less accumulated depreciation. Depreciation is 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
		Leasehold improvement		Shorter of the term of the lease
				or the estimated useful lives of the assets

Long-term investments

(m)

Long-term investments

Equity method investments

Cost method investments

Acquired intangible assets

(n)

Acquired intangible assets

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

Revenue recognition

(o)

Revenue recognition

Deferred revenue

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

Nonmonetary exchanges

Value Added Tax ("VAT")

(p)

Value Added Tax (“VAT”)

Business tax and other sale related taxes

(q)

Business tax and other sale related taxes

Concession fees

(r)

Concession fees

Agency fees

(s)

Agency fees

Operating leases

(t)

Operating leases

Advertising costs

(u)

Advertising costs

Foreign currency translation

(v)

Foreign currency translation

Income taxes

(w)

Income taxes

Share-based payments

(x)

Share-based payments

Comprehensive (loss) income

(y)

Comprehensive (loss) income

Allowance of doubtful accounts

(z)

Allowance of doubtful accounts

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

Concentration of credit risk

(aa)

Concentration of credit risk

Customers accounting for 10% or more of total revenues are:

Customer	For the years ended December 31,
	2013			2014			2015

A		21.0	%		1.8	%		-

There is no customer accounting for 10% or more of total accounts receivables as of December 31, 2014 and 2015.

Net (loss) income per share

(bb)

Net (loss) income per share

Government subsidies

(cc)

Government subsidies

Recent issued accounting standards

(dd)

Recent issued accounting standards

Recent accounting pronouncements adopted

Recent accounting pronouncements not yet adopted

ORGANIZATION AND PRINCIPAL ACTIVITIES (Tables)

12 Months Ended

Dec. 31, 2015

Variable Interest Entity [Line Items]

Schedule of Company's Subsidiaries and VIE's

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

Intermediate Holding Company:
Broad Cosmos Enterprises Ltd.	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	%

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 AirMedia Shengshi Advertising Co., Ltd.
(Formerly Beijing Shengshi Lianhe Advertising Co., Ltd.)
(“AirMedia Shengshi”)	August 7, 2005	the PRC		N/A

Beijing AirMedia Jiaming Advertising Co., Ltd.
(Formerly Beijing AirMedia UC Advertising Co., Ltd.)
(“Jiaming Advertising”)	January 1, 2007	the PRC		N/A

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

AirMedia Online Network Technology Co., Ltd. (“AM Online”)	April 30, 2015	the PRC		N/A

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

VIEs’ subsidiaries:
Beijing 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

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

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

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

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

Beijing AirMedia Tianyi Information Technology Co., Ltd. (“AM Tianyi”)	September 25, 2013	the PRC		N/A

Guangzhou Xinyu Advertising Co., Ltd. (“Guangzhou Xinyu”)	February 2, 2015	the PRC		N/A

AirMedia Mobile Network Technology Co., Ltd. (“AM Mobile”)	April 23, 2015	the PRC		N/A

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

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

Beijing AirMedia Jiaming Film & TV Culture Co., Ltd. (“AM Jiaming”)	December 31, 2015	the PRC		N/A

AirMedia's VIEs [Member]

Variable Interest Entity [Line Items]

Schedule of VIE's Balance Sheet Amounts

	As of December 31,
	2014		2015

Total current assets	$	63,730	$	316,268
Total non-current assets		94,811		190,684

Total assets		158,541		506,952

Total current liabilities		40,702		101,197
Total non-current liabilities		1,387		26,536

Total liabilities	$	42,089	$	127,733

Schedule of VIE's Income Statement Amounts

	For the years ended December 31,
	2013			2014			2015

Net revenues	$	90,523		$	74,689		$	49,237
Net loss		(31,887	)		(47,119	)		(60,117	)
Net cash used in operating activities from continuing operations		(16,001	)		(17,353	)		(26,388	)
Net cash (used in) provided by investing activities from continuing operations		(58,804	)		(22,607	)		(5,166	)
Net cash provided by financing activities from continuing operations		60,390			28,785			325

- 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, 2015

Accounting Policies [Abstract]

Schedule of Estimated Useful Lives of 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
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

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 of Major Customers

Customer	For the years ended December 31,
	2013			2014			2015

A		21.0	%		1.8	%		-

DISCONTINUED OPERATIONS (Tables)

12 Months Ended

Dec. 31, 2015

Discontinued Operations Tables

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

	As of December 31,
	2014

Cash and cash equivalents	$	7,320
Restricted cash		11,172
Accounts receivable, net		61,459
Notes receivable		1,911
Prepaid concession fees		18,023
Prepaid expenses and other current assets		18,315
Amounts due from related parties		2,355
Deferred tax asset - current		1,101
Assets held for sale		777
Current assets of discontinued operations		122,433
Property and equipment, net		14,948
Acquired intangible assets, net		286
Long-term investment		3,087
Deferred tax assets - non-current		3,681
Long term deposit		11,789
Non-current assets of discontinued operations		33,791
Total assets of discontinued operations	$	156,224

Carrying amounts of liabilities disposed

	As of December 31,
	2014

Accounts payable	$	55,129
Accrued expenses and other liabilities		6,635
Income tax payable		555
Deferred revenue		9,519
Amounts due to related parties		790
Current liabilities of discontinued operations		72,628
Deferred tax liabilities - non-current		72
Non-current assets of discontinued operations		72
Total liabilities of discontinued operations	$	72,700

	For the years ended December 31,
	2013			2014			2015

Net revenues	$	181,013		$	177,788		$	166,843
Cost of revenues		(146,932	)		(139,227	)		(126,745	)

Gross profit		34,081			38,561			40,098

Operating expenses		(21,486	)		(17,868	)		(13,239	)

Income from operations		12,595			20,693			26,859

Gain from disposal of 75% equity interest in AM Advertising		-			-			244,164
Interest income		1,437			282			298
Other income, net		3,127			1,235			1,293
Income on equity method investments		-			20			265

Net income before income tax		17,159			22,230			272,879
Income taxes benefit/(expense)		1,176			(1,942	)		(51,696	)

Income from discontinued operations attributable to owners of the Company	$	18,335		$	20,288		$	221,183

As of December 31, 2014 the following balances were due from / to related parties:

Amounts due from related parties:

Name of related parties	Relationship	As of December 31, 2014
Beijing AirMedia Jiacheng Advertising Co., Ltd. (“Jiacheng Advertising”) (1)	Equity method investee		19
Guangxi Dingyuan Media Ltd. (“Guangxi Dingyuan”) (2)	Equity method investee		387
AM Jiaming (3)	Equity method investee		1,627
Dingsheng Ruizhi (Beijing) Investment Consulting Co., Ltd. (“Dingsheng Ruizhi”) (4)	Invested by management of the Group		322
		$	2,355

(1)

The amounts due from Jiacheng Advertising represents the uncollected concession fee of digital TV screens on airlines as of December 31, 2014.

(2)

The amounts due from Guangxi Dingyuan represents the amount of a deposit on concession fee receivable from Guangxi Dingyuan as of December 31, 2014.

(3)

The amounts due from AM Jiaming includes a short-term loan to AM Jiaming amounted to $1,612 and related interest receivable of $15 as of December 31, 2014.

(4)

The amount due from Dingsheng Ruizhi represents the unreceived consideration of $322 for selling 20% of equity interests in AM Film.

Amounts due to related parties:

Name of related parties	Relationship		As of December 31, 2014
Qingdao Airport AirMedia Advertising Co., Ltd (“Qingdao AM”) (5)		Equity method investee	$	790

(5)

The amount due to Qingdao AM represents the capital contribution commitment of $790 to Qingdao AM as of December 31, 2014, which was paid in January 2015.

Details of related party transactions for the years ended December 31, 2013, 2014 and 2015 were as follows:

Concession cost purchased from:

		For the years ended December 31
Name of related parties	Relationship	2013		2014		2015
Guangxi Dingyuan (6)	Equity method investee	$	-	$	233	$	1,107
Qingdao AM (7)	Equity method investee		-		-		1,230
		$	-	$	233	$	2,337

Loan to a related party:

		For the years ended December 31
Name of related parties	Relationship	2013		2014		2015
AM Jiaming (8)	Equity method investee	$	-	$	1,612	$	-
		$	-	$	1,612	$	-

Equity transaction with a related party:

		For the years ended December 31
Name of related parties	Relationship	2013		2014		2015
Beijing Dayun Culture Communication Co., Ltd. ("Dayun Culture") (9)	Invested by management of the Group	$	-	$	-	$	8,605
Dingsheng Ruizhi (10)	Invested by management of the Group				322		-
		$	-	$	322	$	8,605

(6)

The Group purchased stand-alone digital frames, LED and lightbox concession in Nanning airport from Guangxi Dingyuan amounting to $233 and $1,107 for the years ended December 31, 2014 and 2015.

(7)

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

(8)

(9)

(10)

In June 2014, AM Advertising sold 20% equity interests in AM Film, a wholly-owned subsidiary, to Dingsheng Ruizhi with consideration of $322.

- Definition

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

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 45
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=51716988&loc=SL51721533-107759

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 4B
-URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721665-107760

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=51717284&loc=d3e1474-107760

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 1
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+ Details

SEGMENT INFORMATION AND REVENUE ANALYSIS (Tables)

12 Months Ended

Dec. 31, 2015

Segment Reporting Information, Revenue for Reportable Segment [Abstract]

Schedule of Revenues by Service Categories

	For the years ended December 31,
	2013		2014		2015
Revenues from continuing operations:

Air Travel Media Network	$	80,002	$	59,200	$	38,817
Gas Station Media Network		12,726		11,164		9,840
Other Media		36		5,583		2,109

	$	92,764	$	75,947	$	50,866

LONG-TERM INVESTMENTS (Tables)

12 Months Ended

Dec. 31, 2015

Long-term Investments [Abstract]

Schedule of Equity Method Investments

	As of December 31,
	2014				2015

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

Beijing Eastern Media Corporation Ltd. (“BEMC”) (1)		49	$	1,545		49	$	1,363
Zhejiang AirMedia Guangying Film Production Co., Ltd. (“AM Guangying”) (2)		38		3,219		47.6		3,081
AM Jiaming (3)		49		-		-		-
Jiacheng Advertising (4)		30		-		-		-
Beijing Hezhong Chuangjin Investment Co., Ltd. (“Hezhong Chuangjin”) (5)		-		-		15		2,144
Lanmeihangbiao Tiandi Internet Investment Management (Beijing) Co., Ltd. (“LMHB”) (6)		-		-		40		456
AM Advertising (7)		-		-		25		82,177

			$	4,764			$	89,221

(1)

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

(2)

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

(3)

(4)

In August 2015, the Group transferred all of its 30% equity interest in Jiacheng Advertising to AM Jinsheng (See Note 10), for consideration of $252.

(5)

(6)

(7)

Schedule of Assets and Liabilities

	As of December 31,
	2014		2015
Total current assets	$	11,642	$	277,634
Total assets		11,646		319,797
Total current liabilities		1,353		135,190
Total liabilities		2,166		135,342

	For the years ended December 31,
	2013		2014		2015
Total net revenues	$	18,056	$	11,486	$	35,866
Total gross profits		1,280		567		15,341
Total net income		659		164		9,136

ACCOUNTS RECEIVABLE, NET (Tables)

12 Months Ended

Dec. 31, 2015

Accounts Receivable, Net [Abstract]

Schedule of Accounts Receivable, Net

	As of December 31,
	2014			2015

Billed receivable	$	13,356		$	3,117
Unbilled receivable		14,636			8,067

Accounts receivable, gross		27,992			11,184

Less: Allowance for doubtful accounts		(4,458	)		(1,727	)

Accounts receivable, net	$	23,534		$	9,457

Schedule of Allowance for Doubtful Accounts

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

2013	$	362		1,049			-			22		$	1,433
2014	$	1,433		3,212			(7	)		(180	)	$	4,458
2015	$	4,458		(2,661	)		-			(70	)	$	1,727

OTHER CURRENT ASSETS (Tables)

12 Months Ended

Dec. 31, 2015

Other Assets [Abstract]

Schedule of Other Current Assets

	As of December 31,
	2014		2015

Input VAT receivable	$	4,438	$	13,604
Prepaid selling and marketing fees		829		773
Short-term deposits		162		150
Prepaid income tax		467		447
Prepaid individual income tax		451		433
Loans to third parties ⁽ⁱ⁾		-		5,403
Receivable from third party ⁽ⁱⁱ⁾		-		4,110
Receivable from a non-controlling interest holder		-		1,313
Receivables from ADS depositary		-		468
Other assets from nonmonetary transactions		-		212
Other prepaid expenses		972		3,991

	$	7,319	$	30,904

(i)

(ii)

Receivable from third party represented the working capital provided by the Group to support the third party’s daily operations.

OTHER NON-CURRENT ASSETS (Tables)

12 Months Ended

Dec. 31, 2015

Other Non-current Assets Tables

Schedule of Other non-current assets

	As of December 31,
	2014		2015

Investment in film and TV series⁽ⁱ⁾	$	6,128	$	4,781
Prepaid office space and leasehold improvement fees⁽ⁱⁱ⁾		-		6,831

	$	6,128	$	11,612

(i)

(ii)

LONG-TERM DEPOSITS (Tables)

12 Months Ended

Dec. 31, 2015

Deposit Assets Disclosure [Abstract]

Schedule of Long Term Deposits

	As of December 31,
	2014		2015

Concession fee deposits	$	8,195	$	4,527
Office rental deposits		316		352

	$	8,511	$	4,879

ACQUIRED INTANGIBLE ASSETS, NET (Tables)

12 Months Ended

Dec. 31, 2015

Intangible Assets, Net (Excluding Goodwill) [Abstract]

Schedule of Acquired Intangible Assets, Net

	As of December 31,
	2014										2015
	Gross								Net		Gross								Net
	carrying		Accumulated			Accumulated			carrying		carrying		Accumulated			Accumulated			carrying
	amount		amortization			impairment			amount		amount		amortization			impairment			amount

Audio-vision programming and broadcasting qualification	$	224	$	(38	)	$	(186	)	$	-	$	214	$	(37	)	$	(177	)	$	-
Customer relationships		771		(771	)		-			-		739		(739	)		-			-
Contract backlog		1,612		(1,612	)		-			-		1,544		(1544	)		-			-
Concession agreements		8,502		(7,351	)		(630	)		521		10,459		(7,531	)		(603	)		2,325
Non-compete agreements		190		(180	)		(10	)		-		182		(172	)		(10	)		-

	$	11,299	$	(9,952	)	$	(826	)	$	521	$	13,138	$	(10,023	)	$	(790	)	$	2,325

PROPERTY AND EQUIPMENT, NET (Tables)

12 Months Ended

Dec. 31, 2015

Property, Plant and Equipment [Abstract]

Schedule of Property and Equipment, Net

	As of December 31,
	2014			2015
Digital display network equipment	$	49,427		$	26,049
Gas station display network equipment		23,261			33,412
Software		10,367			9,959
Computer and office equipment		2,717			3,140
Vehicle		985			774
Leasehold improvement		209			218
Furniture and fixture		687			1,092

Less: accumulated depreciation		(52,272	)		(26,305	)

	$	35,381		$	48,339

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES (Tables)

12 Months Ended

Dec. 31, 2015

Accrued Liabilities and Other Liabilities [Abstract]

Schedule of Accrued Expenses and Other Current Liabilities

	As of December 31,
	2014		2015

Accrued payroll and welfare	$	1,773	$	1,860
Other tax payable		560		1,462
Accrued staff disbursement		738		1,166
Deposit payable		837		665
Accrued professional fees		386		4,382
Other current liabilities		569		1,209

	$	4,863	$	10,744

INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2015

Income Tax Disclosure [Abstract]

Schedule of Income Tax (Expenses)/Benefits

	For the years ended December 31,
	2013			2014			2015

Income tax (expenses)/benefits:
Current	$	(1,088	)	$	(988	)	$	(480	)
Deferred		1,625			2,500			(5,941	)

	$	537			1,512		$	(6,421	)

Schedule of Deferred Income Tax Assets and Liabilities

	As of December 31,
	2014			2015
Deferred tax assets:
Current
Allowance for doubtful accounts	$	1,347		$	899
Accrued payroll		390			-
Employee education fee excess		-			6
Valuation allowance		(1,253	)		(864	)

Deferred tax assets - current		484			41

Non-current
Depreciation of property and equipment		245			127
Amortization of intangible assets and concession fees		2,821			2,274
Net operating loss carry forwards		10,842			15,404
Valuation allowance		(3,657	)		(13,322	)

Deferred tax assets - non-current		10,251			4,483

Total deferred tax assets		10,735			4,524

Deferred tax liabilities:
Non-current
Acquired intangible assets		130			91

Total deferred tax liabilities	$	130		$	91

Schedule of Effective Income Tax Rate Reconciliation

	For the years ended December 31,
	2013			2014			2015

Net loss before provision for income taxes	$	(30,323	)	$	(53,414	)	$	(74,202	)
PRC statutory tax rate		25	%		25	%		25	%
Income tax at statutory tax rate		(7,581	)		(13,354	)		(18,551	)

Expenses not deductible for tax purposes:
Entertainment expenses exceeded the tax limit		271			217			300
Tax effect of tax losses not recognized		346			10			-
Tax effect of other permanent differences		88			360			330
Changes in valuation allowance		526			2,748			9,276
Effect of preferential tax rates granted to PRC entities		5,379			7,912			14,404
Effect of income tax rate difference in other jurisdictions		434			595			662

Income tax expenses/ (benefits)	$	(537	)	$	(1,512	)		6,421

Effective tax rates		1.8	%		2.8	%		(8.7	)%

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

	For the years ended December 31,
	2013			2014			2015

decrease in income tax expenses	$	(5,379	)	$	(7,912	)	$	(14,404	)
decrease in net loss per ordinary share-basic		(0.04	)		(0.07	)		(0.12	)
decrease in net loss per ordinary share-diluted		(0.04	)		(0.07	)		(0.11	)

NET (LOSS) INCOME PER SHARE (Tables)

12 Months Ended

Dec. 31, 2015

Earnings Per Share [Abstract]

Schedule of the Calculation of Net Loss per Share

	For the years ended December 31,
	2013			2014			2015

Numerator:
Net (loss) income attributable to AirMedia Group Inc.’s ordinary shareholders	$	(10,626	)	$	(25,695	)	$	149,647
- Continuing operations		(28,961	)		(45,306	)		(70,651	)
- Discontinued operations		18,335			19,611			220,298

Denominator:
Weighted average ordinary shares outstanding used in computing net (loss) income per ordinary share
- basic		120,386,635			119,304,773			121,740,194
- diluted		120,386,635			119,304,773			129,372,158
Weighted average shares used in calculating (loss) income per ordinary shares
Basic
Continuing operations		120,386,635			119,304,773			121,740,194
Discontinued operations		120,386,635			119,304,773			121,740,194
Diluted
Continuing operations (i)		120,386,635			119,304,773			121,740,194
Discontinued operations (ii)		120,391,294			119,924,927			129,372,158

Net (loss) income per ordinary share
-basic	$	(0.09	)	$	(0.22	)	$	1.23
-diluted		(0.09	)		(0.22	)		1.16
Net (loss) income per ordinary share from continuing operations
-basic	$	(0.24	)	$	(0.38	)	$	(0.58	)
-diluted		(0.24	)		(0.38	)		(0.58	)
Net income per ordinary share from discontinued operations
-basic	$	0.15		$	0.16		$	1.81
-diluted		0.15			0.16			1.70

(i)

(ii)

SHARE BASED PAYMENTS (Tables)

12 Months Ended

Dec. 31, 2015

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

Schedule of Stock Option Activities

	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 as of January 1, 2015		14,853,764		$	1.15	$	1.18
Granted		660,000			1.68		1.16
Exercised		(4,453,232	)		1.20		1.42
Forfeited		(621,692	)		1.38		1.20

Outstanding as of December 31, 2015		10,438,840		$	1.14	$	1.07		2.16	$	17,236

Options vested and expected to vest as of December 31, 2015		10,332,009		$	1.14	$	1.07		2.15	$	17,056

Options exercisable as of December 31, 2015		9,237,208		$	1.14	$	1.13		1.99	$	15,262

Schedule of Stock Option Assumptions

	For the years ended December 31,
	2013		2014		2015

Risk-free interest rate of return	0.12%-1.10	%	0.10% - 1.07	%	0.00%-1.24	%
Expected term	0.33-4.42 years		1.00 - 3.32 years		0.04-2.93 Years
Volatility	64.75%-94.43	%	63.10% - 67.06	%	7.19%-126.63	%
Dividend yield	-		-		-

COMMITMENTS (Tables)

12 Months Ended

Dec. 31, 2015

COMMITMENTS [Abstract]

Schedule of Future Minimum Payments Under Operating Leases

Year

2016	$	1,279
2017		249
2018		104

	$	1,632

Schedule of Future Minimum Concession Fee Payments

Year

2016	$	21,035
2017		18,215
2018		17,193
2019		15,539
2020		15,620
2021 and thereafter		9,378

	$	96,980

RELATED PARTY TRANSACTIONS (Tables)

12 Months Ended

Dec. 31, 2015

Schedule of Amount Due From/To Related Parties

		As of December 31,
Name of related parties	Relationship	2014		2015

Dayun Culture (1)	Invested by management of the Group	$	796	$	233

Beijing AirMedia Advertising Co., Ltd. (“AM Jinshi”) (2)	Wholly-owned subsidiary of equity method investee		-		1,182

Beijing AirMedia Lianhe Advertising Co., Ltd. (“AirMedia Lianhe”) (2)	Wholly-owned subsidiary of equity method investee		-		615

AirMedia City (Beijing) Outdoor Advertising Co., Ltd. (“AM Outdoor”) (2)	Wholly-owned subsidiary of equity method investee		-		360

Beijing AirMedia Jinshi Advertising Co., Ltd. (“TianJin Jinshi”) (2)	Wholly-owned subsidiary of equity method investee		-		362

BEMC (3)	Equity method investee		157		-

		$	953	$	2,752

(1)

The amounts due from Dayun Culture represent the unreceived consideration of $796 and $233 for selling 20% of equity interests in AirMedia Lianhe as of December 31, 2014 and 2015.

(2)

The amounts due from AM Jinshi, AirMedia Lianhe, AM Outdoor and TianJin Jinshi represents the amount of concession using fees receivable as of December 31, 2015.

(3)

The amounts due from BEMC represent the uncollected advertising revenues earned from BEMC as of December 31, 2014.

Schedule of Revenue Earned

		As of December 31,
Name of related parties	Relationship	2014		2015

AirTV United (1)	Wholly-owned subsidiary of equity method investee	$	-	$	296

AM Advertising (2)	Equity method investee		-		15,093

		$	-	$	15,389

(1)

The amounts due to AirTV United raised from the restructuring before the disposal as disclosed in Note 3.

(2)

Schedule of Concession Cost Purchased

		For the years ended December 31
Name of related parties	Relationship	2013		2014		2015

BEMC	Equity method investee	$	681	$	-	$	-
AM Jinshi (1)	Wholly-owned subsidiary of equity method investee		-		-		278
AM Advertising (1)	Equity method investee		-		-		2

		$	681	$	-	$	280

Schedule of Loan to a Related Party

		For the years ended December 31
Name of related parties	Relationship	2013		2014		2015

AM Jinshi (1)	Wholly-owned subsidiary of equity method investee		-		-		2
AM Advertising (1)	Equity method investee		-		-		142

		$	-	$	-	$	144

Schedule of Equity Transactions with Related Party

		For the years ended December 31
Name of related parties	Relationship	2013		2014		2015
Beijing Dayun Culture Communication Co., Ltd. ("Dayun Culture") (9)	Invested by management of the Group	$	-	$	-	$	8,605
Dingsheng Ruizhi (10)	Invested by management of the Group				322		-
		$	-	$	322	$	8,605

(6)

The Group purchased stand-alone digital frames, LED and lightbox concession in Nanning airport from Guangxi Dingyuan amounting to $233 and $1,107 for the years ended December 31, 2014 and 2015.

(7)

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

(8)

(9)

(10)

In June 2014, AM Advertising sold 20% equity interests in AM Film, a wholly-owned subsidiary, to Dingsheng Ruizhi with consideration of $322.

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

12 Months Ended

Dec. 31, 2015

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Schedule of Parent's Condensed Balance Sheets

	As of December 31,
	2014			2015
Assets
Current assets
Cash and cash equivalents	$	2,029		$	332
Amount due from subsidiaries		178,347			179,619
Other current assets		556			1,369

Total current assets		180,932			181,320

Non-current assets
Investment in subsidiaries		71,023			205,501

TOTAL ASSETS		251,955			386,821

Liabilities
Current liabilities
Amount due to subsidiaries		3,135			-
Accrued expenses and other current liabilities		84			253

Total liabilities		3,219			253

Equity
Ordinary Shares ($0.001 par value; 900,000,000 shares authorized in 2014 and 2015; 127,662,057 shares and 127,662,057 shares issued as of December 31, 2014 and 2015, respectively; 119,942,413 shares and 124,395,645 shares outstanding as of December 31, 2014 and 2015, respectively)		128			128
Additional paid in capital		323,167			316,781
Treasury stock (7,719,644 and 3,266,412 shares as of December 31, 2014 and 2015, respectively)		(9,236	)		(3,778	)
Accumulated deficits		(99,138	)		50,509
Accumulated other comprehensive income		33,815			22,928

Total equity		248,736			386,568

TOTAL LIABILITIES AND EQUITY	$	251,955		$	386,821

Schedule of Parent's Condensed Statements of Operations

	For the years ended December 31,
	2013			2014			2015
Operating expenses
Selling and marketing	$	-		$	(144	)	$	-
General and administrative		(2,239	)		(1,676	)		(2,070	)

Total operating expenses		(2,239	)		(1,820	)		(2,070	)

Investment (loss) income in subsidiaries		(8,387	)		(23,875	)		151,717

Net (loss) income attributable to holders of ordinary shares	$	(10,626	)	$	(25,695	)	$	149,647

Schedule of Parents' Condensed Statements of Comprehensive Income/Loss

	For the years ended December 31,
	2013			2014			2015

Net (loss) income	$	(10,626	)	$	(25,695	)	$	149,647
Other comprehensive income (loss), net of tax:
Change in cumulative foreign currency translation adjustment		7,281			(6,414	)		(10,887	)

Comprehensive (loss) income attributable to Parent Company	$	(3,345	)	$	(32,109	)	$	138,760

Schedule of Parent's Condensed Statements of Changes in Equity

															Accumulated
												(Accumulated			other
	Ordinary shares					Additional			Treasury			deficits)			comprehensive			Total
	Shares			Amount		paid in capital			stock			retained earnings			income			equity
Balance as of January 1, 2013		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

Ordinary shares issued for share based compensation		808,278			-		-			624			-			-			624
Share-based compensation		-			-		1,359			-			-			-			1,359
Foreign currency translation adjustment		-			-		-			-			-			(6,414	)		(6,414	)
Capital contribution from non-controlling interests		-			-		6,463			-			-			-			6,463
Disposal of equity interests of AM Film and AirMedia Lianhe		-			-		1,433			-			-			-			1,433
Net loss		-			-		-			-			(25,695	)		-			(25,695	)

Balance as of December 31, 2014		119,942,413		$	128	$	323,167		$	(9,236	)	$	(99,138	)	$	33,815		$	248,736

Ordinary shares issued for share based compensation		4,453,232			-		-			5,458			(633	)		-			4,825
Share-based compensation		-			-		598			-			-			-			598
Foreign currency translation adjustment		-			-		-			-			-			(10,887	)		(10,887	)
Net income		-			-		-			-			149,647			-			149,647
Capital contribution from non-controlling interests		-			-		271			-			-			-			271
Capital contribution to Guangzhou Meizheng		-			-		(459	)		-			-			-			(459	)
Purchase the non-controlling interest in subsidiary AirMedia Lianhe		-			-		(6,163	)		-			-			-			(6,163	)

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

Schedule of Parent's Condensed Statements of Cash Flows

	For the years ended December 31,
	2013			2014			2015
CASH FLOWS FROM OPERATING ACTIVITIES
Net (loss) income	$	(10,626	)	$	(25,695	)	$	149,647
Investment loss (income) in subsidiaries		8,387			23,875			(151,717	)
Share-based compensation		1,251			1,359			598

CHANGES IN WORKING CAPITAL ACCOUNTS
Other current assets		444			(221	)		(813	)
Accounts payable		-			-			-
Accrued expenses and other current liabilities		(3	)		(308	)		169
Amount due to subsidiaries		3,231			(517	)		(3,135	)
Amount due from subsidiaries		(41	)		2,898			(1,272	)

Net cash provided by (used in) operating activities		2,643			1,391			(6,523	)

CASH FLOWS FROM FINANCING ACTIVITIES
Cash paid for treasury stock		(2,846	)		-			-
Proceeds from exercises of stock options		21			624			4,826

Net cash (used in) provided by financing activities.		(2,825	)		624			4,826

Net (decrease)/increase in cash		(182	)		2,015			(1,697	)
Cash, at beginning of year		196			14			2,029

Cash, at end of year	$	14		$	2,029		$	332

ORGANIZATION AND PRINCIPAL ACTIVITIES (Narrative) (Details)	1 Months Ended			12 Months Ended
	Nov. 30, 2015	Jun. 30, 2015 USD ($)	Jun. 30, 2015 CNY (¥)	Dec. 31, 2015 CNY (¥)	Jun. 19, 2015 $ / shares
Longde Wenchuang the Buyer [Member] \| AM Advertising [Member]
Organization And Principal Activities [Line Items]
Sale of equity interest, percentage	46.43%	75.00%	75.00%
Sale of equity interest, amount \| $		$ 324,183
Equity interest retained	28.57%
Longde Wenchuang the Buyer [Member] \| AM Advertising [Member] \| RMB [Member]
Organization And Principal Activities [Line Items]
Sale of equity interest, amount \| ¥			¥ 2,100,000,000
Mr. Herman Man Guo [Member] \| Proposal [Member]
Organization And Principal Activities [Line Items]
Proposed price per share \| $ / shares					$ 3.00
Mr. Herman Man Guo [Member] \| Proposal [Member] \| ADS [Member]
Organization And Principal Activities [Line Items]
Proposed price per share \| $ / shares					$ 6.00
AirMedia Online Network Technology Co., Ltd. ("AM Online") [Member] \| AirMedia Technology (Beijing) Co., Ltd. ("AM Technology") [Member]
Organization And Principal Activities [Line Items]
Loan to shareholders \| ¥				¥ 40,000,000
Term of loan				10 years

ORGANIZATION AND PRINCIPAL ACTIVITIES (Schedule of Companies Subsidiaries and VIE's) (Details)	12 Months Ended
	Dec. 31, 2015
AirMedia Online Network Technology Co., Ltd. ("AM Online") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Apr. 30, 2015
Place of incorporation	the PRC
Beijing 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	the PRC
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	the PRC
Wenzhou AirMedia Advertising Co., Ltd. ("AM Wenzhou") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Oct. 17, 2008
Place of incorporation	the PRC
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	the PRC
Beijing Dongding Gongyi Advertising Co., Ltd. ("Dongding") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Feb. 01, 2010
Place of incorporation	the PRC
Beijing GreatView Media Advertising Co., Ltd. [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Apr. 28, 2011
Place of incorporation	the PRC
Guangzhou Meizheng Advertising Co., Ltd. ("Guangzhou Meizheng") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	May 17, 2013
Place of incorporation	the PRC
Beijing AirMedia Jiaming Film & TV Culture Co., Ltd. ("AM Jiaming") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Dec. 31, 2015
Place of incorporation	the PRC
Beijing AirMedia Shengshi Advertising Co., Ltd. [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Aug. 07, 2005
Place of incorporation	the PRC
Beijing AirMedia Jiaming Advertising Co., Ltd. [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Jan. 01, 2007
Place of incorporation	the PRC
Beijing Yuehang Digital Media Advertising Co., Ltd. ("AM Yuehang") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Jan. 16, 2008
Place of incorporation	the PRC
AirMedia Technology (Beijing) Co., Ltd. ("AM Technology") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Sep. 19, 2005
Place of incorporation	the PRC
Percentage of economic ownership	100.00%
Shenzhen AirMedia Information Technology Co., Ltd. ("Shenzhen AM") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Jun. 06, 2006
Place of incorporation	the PRC
Percentage of economic ownership	100.00%
Xi'an 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	the PRC
Percentage of economic ownership	100.00%
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%
Beijing AirMedia Tianyi Information Technology Co., Ltd. ("AM Tianyi") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Sep. 25, 2013
Place of incorporation	the PRC
Guangzhou Xinyu Advertising Co., Ltd. ("Guangzhou Xinyu") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Feb. 02, 2015
Place of incorporation	the PRC
AirMedia Mobile Network Technology Co., Ltd. ("AM Mobile") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Apr. 23, 2015
Place of incorporation	the PRC
Guangzhou Meizheng Information Technology Co., Ltd. ("Guangzhou Tech") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Jun. 18, 2015
Place of incorporation	the PRC
AirMedia Henglong Mobile Network Technology Co., Ltd. ("AMHL Mobile") [Member]
Organization And Principal Activities [Line Items]
Date of incorporation/acquisition	Apr. 27, 2015
Place of incorporation	the PRC

ORGANIZATION AND PRINCIPAL ACTIVITIES (Schedule of VIE's Consolidated Balance Sheets) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Variable Interest Entity [Line Items]
Total current assets	$ 342,618	$ 249,876
Total assets	531,601	395,597
Total current liabilities	107,432	125,266
Total liabilities	133,968	126,725
AirMedia's VIEs [Member]
Variable Interest Entity [Line Items]
Total current assets	316,268	63,730
Total non-current assets	190,684	94,811
Total assets	506,952	158,541
Total current liabilities	101,197	40,702
Total non-current liabilities	26,536	1,387
Total liabilities	$ 127,733	$ 42,089

ORGANIZATION AND PRINCIPAL ACTIVITIES (Schedule of VIE's Consolidated Statement of Operations) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Variable Interest Entity [Line Items]
Net revenues	$ 50,233	$ 74,693	$ 91,253
Net loss	142,912	(31,826)	(11,520)
Net cash used in operating activities from continuing operations	(28,036)	(42,629)	(23,596)
Net cash (used in) provided by investing activities from continuing operations	(5,084)	5,951	(58,617)
Net cash provided by financing activities from continuing operations	$ 2,141	$ 16,823	$ 55,938
Percentage of VIE's net revenue as of consolidated net revenues	98.00%	100.00%	99.20%
Percentage of VIE's total assets as of consolidated total assets	95.40%	40.10%
Percentage of VIE's total liabilities as of consolidated total liabilities	95.30%	33.20%
AirMedia's VIEs [Member]
Variable Interest Entity [Line Items]
Net revenues	$ 49,237	$ 74,689	$ 90,523
Net loss	(60,117)	(47,119)	(31,887)
Net cash used in operating activities from continuing operations	(26,388)	(17,353)	(16,001)
Net cash (used in) provided by investing activities from continuing operations	(5,166)	(22,607)	(58,804)
Net cash provided by financing activities from continuing operations	$ 325	$ 28,785	$ 60,390

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Significant Accounting Policies [Line Items]
Revenue from nonmonetary transactions	$ 473	$ 209	$ 102
Sales related tax, percentage of total revenue	8.50%
VAT rate	6.00%
VAT	$ 2,647	3,610	5,854
Agency fee reversal	403	70	1,066
Advertising expenses	350	1,785	469
Government subsidies	$ 513	$ 491	$ 755
Revenues [Member] \| Customer A [Member]
Significant Accounting Policies [Line Items]
Concentration risk, percentage	0.00%	1.80%	21.00%
Minimum [Member]
Significant Accounting Policies [Line Items]
VAT rate	3.00%
Minimum [Member] \| Concession Fees [Member]
Significant Accounting Policies [Line Items]
Estimated useful lives	3 years
Maximum [Member]
Significant Accounting Policies [Line Items]
VAT rate	6.00%
Maximum [Member] \| Concession Fees [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, 2015
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
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, 2015
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 24 days
Contract backlog [Member] \| Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives	1 year 2 months 12 days
Contract backlog [Member] \| Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives	3 years
Concession agreements [Member] \| Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives	3 years 9 months 18 days
Concession agreements [Member] \| Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives	10 years
Non-compete agreements [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful lives	4 years 4 months 24 days

DISCONTINUED OPERATIONS (Narrative) (Details) ¥ in Thousands, $ in Thousands	1 Months Ended	12 Months Ended
	Dec. 31, 2015 CNY (¥)	Dec. 31, 2018 USD ($)	Dec. 31, 2018 CNY (¥)	Dec. 31, 2017 USD ($)	Dec. 31, 2017 CNY (¥)	Dec. 31, 2016 USD ($)	Dec. 31, 2016 CNY (¥)	Dec. 31, 2015 USD ($)	Dec. 31, 2015 CNY (¥)	Dec. 31, 2014 USD ($)	Dec. 31, 2013 USD ($)
Profit Target		$ 51,128		$ 44,459		$ 37,050		$ 30,875
Earnout commitment recorded at fair value								25,240
Gain recognized on the disposal								244,164
Total consideration								324,183
Net book value of the target business								134,497
Share of (loss) earnings on equity method investments								2,352		$ (212)	$ (69)
Short-term loan										3,000
Unreceived consideration								$ 200,685
AM Jiaming [Member]
Short-term loan										1,612
Related interest receivable										$ 15
AM Advertising [Member]
Equity interest								25.00%
Fair value of the remaining equity interest								$ 79,718
Share of (loss) earnings on equity method investments								$ 2,491
AM Film[Member]
Equity interest								20.00%
Unreceived consideration								$ 796
RMB [Member]
Profit Target \| ¥	¥ 1,059,200		¥ 331,200		¥ 288,000		¥ 240,000		¥ 200,000

DISCONTINUED OPERATIONS (Schedule of Carrying amounts of assets and liabilities disposed) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Carrying amounts of assets and liabilities disposed
Restricted cash		$ 3,223
Amounts due from related parties	2,752	953
Assets held for sale		122,433
Current assets of discontinued operations		310
Long-term investment	89,637	5,962
Non-current assets of discontinued operations		33,791
Amounts due to related parties	15,389
Current liabilities of discontinued operations		72,628
AM Advertising [Member]
Carrying amounts of assets and liabilities disposed
Cash and cash equivalents		7,320
Restricted cash		11,172
Accounts receivable, net		61,459
Notes receivable		1,911
Prepaid concession fees		18,023
Prepaid expenses and other current assets		18,315
Amounts due from related parties		2,355
Deferred tax asset - current		1,101
Assets held for sale		777
Current assets of discontinued operations		122,433
Property and equipment, net		14,948
Acquired intangible assets, net		286
Long-term investment		3,087
Deferred tax assets - Non-current		3,681
Long term deposit		11,789
Non-current assets of discontinued operations		33,791
Total assets of discontinued operations		156,224
Accounts payable		55,129
Accrued expenses and other liabilities		6,635
Income tax payable		555
Deferred revenue		9,519
Amounts due to related parties		790
Current liabilities of discontinued operations		72,628
Deferred tax liabilities - non-current		72
Non-current assets of discontinued operations		72
Total liabilities of discontinued operations		$ 72,700

DISCONTINUED OPERATIONS (Schedule of result of operations of the Target Businesses) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Net income before income tax	$ 272,879	$ 22,230	$ 17,159
Income taxes benefit/(expense)	(51,696)	(1,942)	1,176
Net income from discontinued operations attributable to owners of the Company	220,298	19,611	18,335
AM Advertising [Member]
Net revenue	166,843	177,788	181,013
Cost of revenues	(126,745)	(139,227)	(146,932)
Gross profit	40,098	38,561	34,081
Operating expenses	(13,239)	(17,868)	(21,486)
Income from operations	26,859	20,693	12,595
Gain from disposal of 75% equity in AM Advertising	244,164
Interest income	298	282	1,437
Other income, net	1,293	1,235	3,127
Income on equity method investments	265	20
Net income before income tax	272,879	22,230	17,159
Income taxes benefit/(expense)	(51,696)	(1,942)	1,176
Net income from discontinued operations attributable to owners of the Company	$ 221,183	$ 20,288	$ 18,335

DISCONTINUED OPERATIONS (Schedule of outstanding balances with the Group's related parties) (Details) - USD ($)
$ in Thousands

Dec. 31, 2015

Dec. 31, 2014

Amounts due from related parties

$ 2,752

$ 953

Amounts due to related parties

$ 15,389

AM Advertising [Member]

Amounts due from related parties

2,355

Amounts due to related parties

790

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

Amounts due from related parties

^[1]

387

AM Jiaming [Member]

Amounts due from related parties

^[2]

1,627

Dingsheng Ruizhi [Member]

Amounts due from related parties

^[3]

322

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

Amounts due to related parties

^[4]

790

Jiacheng Advertising [Member]

Amounts due from related parties

^[5]

$ 19

[1]	The amounts due from Guangxi Dingyuan represents the amount of a deposit on concession fee receivable from Guangxi Dingyuan as of December 31, 2014.
[2]	The amounts due from AM Jiaming includes a short-term loan to AM Jiaming amounted to $1,612 and related interest receivable of $15 as of December 31, 2014.
[3]	The amount due from Dingsheng Ruizhi represents the unreceived consideration of $322 for selling 20% of equity interests in AM Film.
[4]	The amount due to Qingdao AM represents the capital contribution commitment of $790 to Qingdao AM as of December 31, 2014, which was paid in January 2015.
[5]	The amounts due from Jiacheng Advertising represents the uncollected concession fee of digital TV screens on airlines as of December 31, 2014.

DISCONTINUED OPERATIONS (Schedule of related party transactions) (Details) - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2015

Dec. 31, 2014

Dec. 31, 2013

Concession cost purchased

$ 2,337

$ 233

Loan to a related party

1,612

Equity transaction with a related party

8,605

322

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

Concession cost purchased

^[1]

1,107

233

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

Concession cost purchased

^[2]

1,230

AM Jiaming [Member]

Loan to a related party

^[3]

1,612

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

Equity transaction with a related party

^[4]

8,605

Dingsheng Ruizhi [Member]

Equity transaction with a related party

^[5]

$ 322

[1]	The Group purchased stand-alone digital frames, LED and lightbox concession in Nanning airport from Guangxi Dingyuan amounting to $233 and $1,107 for the years ended December 31, 2014 and 2015.
[2]	The Group purchased stand-alone digital frames concession in Qingdao airport from Qingdao AM amounting to $1,230 for the year ended December 31, 2015.
[3]	In May 2014 and June 2014, the Group provided two loans to AM Jiaming, with amount of $806 and $806, respectively, at an annual interest rate equal to the bank lending rate over the same period, i.e. 6% for 2014. The loans will be due five days after the issuance of a written notice from the Group.
[4]	In November 2015, AM Advertising purchased 20% equity interest in Beijing AirMedia Lianhe Advertising Co., Ltd. ("AirMedia Lianhe") from Dayun Culture with consideration of $8,605. After the transaction, AM Advertising held 100% equity interest in AirMedia Lianhe.
[5]	In June 2014, AM Advertising sold 20% equity interests in AM Film, a wholly-owned subsidiary, to Dingsheng Ruizhi with consideration of $322.

SEGMENT INFORMATION AND REVENUE ANALYSIS (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Product Or Service [Line Items]
Revenues from continuing operations	$ 50,866	$ 75,947	$ 92,764
Air Travel Media Network [Member]
Product Or Service [Line Items]
Revenues from continuing operations	38,917	59,200	80,002
Gas Station Media Network [Member]
Product Or Service [Line Items]
Revenues from continuing operations	9,840	11,164	12,726
Other Media [Member]
Product Or Service [Line Items]
Revenues from continuing operations	$ 2,109	$ 5,583	$ 36

SHORT-TERM INVESTMENTS (Details) - USD ($) $ in Thousands	12 Months Ended
SHORT-TERM INVESTMENTS (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Schedule of Investments [Line Items]
Maturity date range start	Mar. 31, 2016
Maturity date range end	Dec. 31, 2016
Short-term investment	$ 3,705	$ 17,729
Minimum [Member]
Schedule of Investments [Line Items]
Annual rate		4.00%
Maximum [Member]
Schedule of Investments [Line Items]
Annual rate		8.02%

LONG-TERM INVESTMENTS (Narrative) (Details) - USD ($)
$ in Thousands

1 Months Ended

12 Months Ended

13 Months Ended

Dec. 31, 2015

Jul. 31, 2015

Jun. 15, 2015

Dec. 31, 2014

Sep. 30, 2014

Mar. 31, 2014

Dec. 25, 2013

Dec. 31, 2015

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2014

Sep. 25, 2015

May 31, 2015

Jun. 30, 2014

Mar. 12, 2012

Jun. 30, 2010

Mar. 18, 2008

Schedule of Investments [Line Items]

Ownership percentage

Dividend received from equity method investee

$ 242

$ 686

Cash consideration

200,685

Equity method investment carrying amount

$ 89,221

$ 4,764

89,221

$ 4,764

Beijing East Culture Media Co., Ltd. ("East Jiacheng") [Member]

Schedule of Investments [Line Items]

Ownership percentage

30.00%

Capital contribution

$ 1,455

Financial Technology Investment Management Center [Member] | Beijing Hongdeshengzheng Investment Co., Ltd. [Member] | Beijing Hongyuan Zhixin Enterprise Management Consulting Co. Ltd. [Member]

Schedule of Investments [Line Items]

Capital contribution

$ 2,316

LMHB [Member]

Schedule of Investments [Line Items]

Registered capital

$ 1,544

AM Online [Member]

Schedule of Investments [Line Items]

Ownership percentage

40.00%

Longde Wenchuang [Member]

Schedule of Investments [Line Items]

Ownership percentage, cost method

75.00%

Cash consideration

$ 324,183

AM Advertising [Member]

Schedule of Investments [Line Items]

Ownership transferred

25.00%

Zhejiang AirMedia Guangying Film Production Co., Ltd. ("AM Guangying") [Member]

Schedule of Investments [Line Items]

Ownership percentage

47.60%

^[1]

38.00%

^[2]

47.60%

^[1]

38.00%

^[2]

38.00%

^[2]

Capital injection

$ 1,629

Registered capital

$ 1,871

Capital contribution

$ 2,520

Equity method investment carrying amount

$ 3,081

^[1]

$ 3,219

^[2]

$ 3,081

^[1]

$ 3,219

^[2]

$ 3,219

^[2]

Zhejiang AirMedia Guangying Film Production Co., Ltd. ("AM Guangying") [Member] | Zhejiang Tianguang Diying Production Co., Ltd. [Member]

Schedule of Investments [Line Items]

Ownership percentage

52.00%

Capital contribution

$ 1,871

$ 2,520

AM Jiaming [Member]

Schedule of Investments [Line Items]

Ownership percentage

49.00%

Ownership transferred

51.00%

Equity method investment carrying amount

Equity interests acquired

51.00%

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

Schedule of Investments [Line Items]

Registered capital

$ 2,119

Dividend received from equity method investee

$ 495

$ 1,401

Beijing Dayun Culture Communication Co., Ltd. ("Dayun Culture") [Member] | China Eastern Media Corporation [Member]

Schedule of Investments [Line Items]

Ownership percentage

51.00%

Beijing N-S Digital TV Co., Ltd. ("N-S Digital TV") [Member] | Shibo Movie and Xinghe Union [Member]

Schedule of Investments [Line Items]

Ownership percentage

50.00%

Registered capital

$ 1,558

Jiacheng Advertising [Member]

Schedule of Investments [Line Items]

Ownership percentage

70.00%

Capital contribution

$ 3,394

Ownership percentage, cost method

30.00%

Investment loss

$ 252

Jiacheng Advertising [Member] | Beijing East Culture Media Co., Ltd. ("East Jiacheng") [Member]

Schedule of Investments [Line Items]

Registered capital

$ 4,849

AM Advertising [Member]

Schedule of Investments [Line Items]

Ownership percentage

^[3]

25.00%

Equity method investment carrying amount

^[3]

$ 82,177

AM Advertising [Member] | Financial Technology Investment Management Center [Member] | Beijing Hongdeshengzheng Investment Co., Ltd. [Member] | Beijing Hongyuan Zhixin Enterprise Management Consulting Co. Ltd. [Member]

Schedule of Investments [Line Items]

Ownership percentage

15.00%

Registered capital

$ 16,200

Equity method investment carrying amount

$ 2,430

AM Online [Member] | Financial Technology Investment Management Center [Member] | Beijing Hongdeshengzheng Investment Co., Ltd. [Member] | Beijing Hongyuan Zhixin Enterprise Management Consulting Co. Ltd. [Member]

Schedule of Investments [Line Items]

Capital contribution

$ 2,316

Hezhong Chuangjin AM Online [Member]

Schedule of Investments [Line Items]

Investment loss

$ 0

Parent Company [Member] | Zhangshangtong [Member]

Schedule of Investments [Line Items]

Cash consideration of cost method investment

$ 367

Ownership percentage, cost method

20.00%

Parent Company [Member] | Zhejiang AirMedia Guangying Film Production Co., Ltd. ("AM Guangying") [Member]

Schedule of Investments [Line Items]

Ownership percentage

48.00%

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

Schedule of Investments [Line Items]

Ownership percentage

49.00%

Dividend received from equity method investee

$ 242

$ 686

[1]	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. In September 2013, the Group entered into an equity swap agreement with N-S Digital TV under which the Group exchanged its 50% equity interests in Shibo Movie for the 50% equity interests in Xinghe Union. Pursuant to the agreement, the equity transaction is considered as completed substantially on February 28, 2014. The Group derecognized the equity method investments in both Xinghe Union and Shibo Movie with an investment loss of $164 recognized in the transaction. In August 2015, the Group disposed Xinghe Union to Beijing Hezhongsirui Culture Development Co., Ltd. with nil consideration. The industrial and commercial modification procedures were completed by February 2, 2016, but all the related staff, assets and financial function have been transferred out of the Group since September 1, 2015, from when the Company de-consolidated Xinghe Union. Since net assets was negative on transaction dates, an investment loss of $247 was recorded for the disposal.
[2]	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. In March 2014, the Group participated a capital call at $1,629 without any change of its equity interest. As a result, the total contributed capital by the Group was $2,520 as of December 31, 2015. AM Guangying is mainly engaged in film production.
[3]	On June 15, 2015, AirMedia entered into a definitive equity interest transfer agreement with Longde Wenchuang to sell 75% equity interest of AM Advertising for a cash consideration of $33,410 as disclosed in Note 1. The transaction was completed on December 7, 2015.

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

Dec. 31, 2015

Dec. 31, 2014

Jun. 30, 2014

Schedule of Equity Method Investments [Line Items]

Ownership percentage

Amount

$ 89,221

$ 4,764

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

Schedule of Equity Method Investments [Line Items]

Ownership percentage

49.00%

^[1]

49.00%

^[2]

Amount

$ 1,363

^[1]

$ 1,545

^[2]

Zhejiang AirMedia Guangying Film Production Co., Ltd. ("AM Guangying") [Member]

Schedule of Equity Method Investments [Line Items]

Ownership percentage

47.60%

^[3]

38.00%

^[4]

Amount

$ 3,081

^[3]

$ 3,219

^[4]

AM Jiaming [Member]

Schedule of Equity Method Investments [Line Items]

Ownership percentage

49.00%

Amount

Beijing AirMedia Jiacheng Advertising Co., Ltd. ("Jiacheng Advertising") [Member]

Schedule of Equity Method Investments [Line Items]

Ownership percentage

^[5]

30.00%

Amount

^[5]

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

Schedule of Equity Method Investments [Line Items]

Ownership percentage

^[6]

15.00%

Amount

^[6]

$ 2,144

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

Schedule of Equity Method Investments [Line Items]

Ownership percentage

^[7]

40.00%

Amount

^[7]

$ 456

AM Advertising [Member]

Schedule of Equity Method Investments [Line Items]

Ownership percentage

^[8]

25.00%

Amount

^[8]

$ 82,177

[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 and December 2014, BEMC distributed dividend of $1,401 and $495, respectively, in which $686 and $242, respectively were distributed and paid to the Group.
[2]	In March 2008, the Group entered into a definitive agreement with China Eastern Media Corporation, Ltd., a subsidiary of China Eastern Group and China Eastern Airlines Corporation Limited operating the media resources of China Eastern Group, to establish a joint venture, BEMC. BEMC was incorporated on March 18, 2008 in the PRC with China Eastern Media Corporation and the Group holding 51% and 49% equity interest, respectively. BEMC obtained concession rights of certain media resources from China Eastern Group, including the digital TV screens on airplanes of China Eastern Airlines, and paid concession fees to its shareholders as consideration. The total paid-in capital of BEMC was $2,119, which was contributed by both parties proportionately. In September 2013 and December 2014, BEMC distributed dividend of $1,401 and $495, respectively, in which $686 and $242, respectively were 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 significant influence to the operation of BEMC.
[3]	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. In September 2013, the Group entered into an equity swap agreement with N-S Digital TV under which the Group exchanged its 50% equity interests in Shibo Movie for the 50% equity interests in Xinghe Union. Pursuant to the agreement, the equity transaction is considered as completed substantially on February 28, 2014. The Group derecognized the equity method investments in both Xinghe Union and Shibo Movie with an investment loss of $164 recognized in the transaction. In August 2015, the Group disposed Xinghe Union to Beijing Hezhongsirui Culture Development Co., Ltd. with nil consideration. The industrial and commercial modification procedures were completed by February 2, 2016, but all the related staff, assets and financial function have been transferred out of the Group since September 1, 2015, from when the Company de-consolidated Xinghe Union. Since net assets was negative on transaction dates, an investment loss of $247 was recorded for the disposal.
[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. In March 2014, the Group participated a capital call at $1,629 without any change of its equity interest. As a result, the total contributed capital by the Group was $2,520 as of December 31, 2015. AM Guangying is mainly engaged in film production.
[5]	In December 2014, the Group entered into an agreement with Beijing East Culture Media Co., Ltd. ("East Jiacheng") to establish a joint venture, Jiacheng Advertising. Jiacheng Advertising was registered on December 12, 2014 with total committed capital contribution of $4,849. The Group and East Jiacheng each committed to contribute $1,455 and $3,394, respectively, representing 30% and 70% of the equity interest of Jiaming Advertising. As of December 31, 2014, the Group did not pay any capital into Jiacheng Advertising. The capital contribution shall be paid within 50 years as is permitted under current PRC laws. Jiacheng Advertising mainly operates digital TV media resources.
[6]	In May 2015, AM Advertising, Beijing Financial Technology Investment Management Center (limited partnership), Beijing Hongdeshengzheng Investment Co., Ltd., and Beijing Hongyuan Zhixin Enterprise Management Consulting Co. Ltd. established a joint venture, Beijing Hezhong Chuangjin Investment Company Limited ("Hezhong Chuangjin"), which mainly focuses on internet financing. The total subscribed capital contribution was $16,200 and AM Advertising owns 15% shares with $2,430 committed investment. For the year ended December 31, 2015, $2,316 capital was paid by the Group.
[7]	In September 2015, AM Online entered into an agreement with BlueFocus wireless Internet (Beijing) Investment Management Co., Ltd and two individual investors, to establish a joint venture, LMHB. LMHB was incorporated on September 25, 2015 with total subscribed capital contribution of $1,544 of which 40% of that amount was contributed by AM Online. LMHB is mainly engaged in investment management of Wi-Fi platform marketing and other mobile internet industries.
[8]	On June 15, 2015, AirMedia entered into a definitive equity interest transfer agreement with Longde Wenchuang to sell 75% equity interest of AM Advertising for a cash consideration of $33,410 as disclosed in Note 1. The transaction was completed on December 7, 2015.

LONG-TERM INVESTMENTS (Schedule of Equity Method Investee) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Schedule of Equity Method Investments [Line Items]
Total current assets	$ 342,618	$ 249,876
Total assets	531,601	395,597
Total current liabilities	107,432	125,266
Total liabilities	133,968	126,725
Total net revenues	50,866	75,947	$ 92,764
Total gross profits	(39,344)	(21,915)	(6,488)
Total net income	149,647	(25,695)	(10,626)
Investee [Member]
Schedule of Equity Method Investments [Line Items]
Total current assets	277,634	11,642
Total assets	319,797	11,646
Total current liabilities	135,190	1,353
Total liabilities	135,342	2,166
Total net revenues	35,866	11,486	18,056
Total gross profits	15,341	567	1,280
Total net income	$ 9,136	$ 164	$ 659

- Definition

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

+ References + Details

ACCOUNTS RECEIVABLE, NET (Schedule of Accounts Receivable, Net) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Accounts Receivable, Net [Abstract]
Billed receivable	$ 3,117	$ 13,356
Unbilled receivable	8,067	14,636
Accounts receivable, gross	11,184	27,992
Less: Allowance for doubtful accounts	(1,727)	(4,458)	$ (1,433)	$ (362)
Accounts receivable, net	$ 9,457	$ 23,534

ACCOUNTS RECEIVABLE, NET (Schedule of Allowance for Doubtful Accounts) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Accounts Receivable, Net [Abstract]
Balance at beginning of the year	$ 4,458	$ 1,433	$ 362
Charge to expenses	(2,661)	3,212	1,049
Write off		(7)
Exchange adjustment	(70)	(180)	22
Balance at end of the year	$ 1,727	$ 4,458	$ 1,433

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

Dec. 31, 2015

Dec. 31, 2014

Other Assets [Abstract]

Input VAT receivable

$ 13,604

$ 4,438

Prepaid selling and marketing fees

773

829

Short-term deposits

150

162

Prepaid income tax

447

467

Prepaid individual income tax

433

451

Loans to third parties

^[1]

5,403

Receivable from third party

^[2]

4,110

Receivable from a non-controlling interest holder

1,313

Receivables from ADS depositary

468

Other assets from nonmonetary transactions

212

Other prepaid expenses

3,991

972

Total other current assets

$ 30,904

$ 7,319

[1]

[2]

Receivable from third party represented the working capital provided by the Group to support the third party's daily operations.

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

1 Months Ended

12 Months Ended

Jan. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

Loans to third parties

^[1]

$ 5,403

Third Party Loan One [Member]

Loans to third parties

$ 617

Debt instrument term

1 year

Debt instrument interest rate

4.35%

Third Party Loan Two [Member]

Loans to third parties

$ 1,698

Debt instrument term

1 year

Debt instrument interest rate

4.35%

Third Party Loan Two [Member] | Subsequent Event [Member]

Repayment of loan

$ 1,698

Third Party Loan Three [Member]

Loans to third parties

$ 3,088

Debt instrument term

3 months

Debt instrument interest rate

5.655%

[1]

CONSIDERATION RECEIVABLE (Narrative) (Details) - USD ($) $ in Thousands	1 Months Ended
	Jan. 31, 2016	Jul. 31, 2015	Dec. 31, 2015	Dec. 31, 2014
Consideration receivable			$ 200,685
Installment amount received		$ 123,498
Subsequent Event [Member]
Installment amount received	$ 200,685

ASSETS HELD FOR SALE (Narrative) (Details) - Beijing AirMedia Jinsheng Advertising Co., Ltd. [Member] - Beijing Tianyi Culture Development Co. Ltd. [Member] - USD ($) $ in Thousands		1 Months Ended
	Jan. 13, 2015	Sep. 30, 2015
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Percentage of economic ownership to be sold	81.00%
Amount of cash consideration	$ 1,227
Disposed remaining interest		19.00%

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

Dec. 31, 2015

Dec. 31, 2014

Other Assets, Noncurrent Disclosure [Abstract]

Investment in film and TV series

^[1]

$ 4,781

$ 6,128

Prepaid office space and leasehold improvement fees

^[2]

6,831

Other non-current assets

11,612

6,128

Other non-current liabilities

$ 1,205

$ 1,257

[1]

The Group invests in films and TV series, which are produced by other third parties, and shares profit of the invested films and TV series based on its investment as a percentage of the total investment for a film or TV series. Amounts related to the investments in films and TV series that are expected to receive investment returns within one year after December 31 of each fiscal year are recorded as other current assets. The remaining balance is recorded as other non-current assets. The investments of $6,128 and $5,661 were recorded as other non-current assets for the years ended December 31, 2014 and 2015, respectively. The Group also enters into agreements with other investors to invest together on certain film or TV series, which are produced by third parties, and shares the profit of the invested films and TV series proportionally based on their investments. The Group received the investment from other investors, and recorded it as other non-current liabilities amounted to $1,257 and $1,205 as of December 31, 2014 and 2015 due to the long-term of expected investment returns.

[2]

In 2015, the Group prepaid for office space and leasehold improvement fees in total of $6,832. As the office spaces legal title has not been transferred to the Group, the prepaid amounts were recognized as other non-current assets as of December 31, 2015.

LONG-TERM DEPOSITS (Details) - USD ($) $ in Thousands	12 Months Ended
LONG-TERM DEPOSITS (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Long Term Deposits [Line Items]
Concession fee deposits	$ 4,527	$ 8,195
Office rental deposits	352	316
Total long-term deposits	$ 4,879	$ 8,511
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, 2015	Dec. 31, 2014	Dec. 31, 2013
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	$ 13,138	$ 11,299
Accumulated amortization	(10,023)	(9,951)
Accumulated impairment	(790)	(826)
Net carrying amount	2,325	521
Amortization expense	505	462	$ 692
2016	507
2017	507
2018	507
2019	386
thereafter	418
Audio-vision programming and broadcasting qualification [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	214	224
Accumulated amortization	(37)	(38)
Accumulated impairment	(177)	(186)
Net carrying amount
Customer relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	739	771
Accumulated amortization	(739)	(771)
Accumulated impairment
Net carrying amount
Contract backlog [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	1,544	1,612
Accumulated amortization	(1,544)	(1,612)
Accumulated impairment
Net carrying amount
Concession agreements [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	10,459	8,502
Accumulated amortization	(7,531)	(7,351)
Accumulated impairment	(603)	(630)
Net carrying amount	2,325	521
Non-compete agreements [Member]
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	182	190
Accumulated amortization	(172)	(180)
Accumulated impairment	(10)	(10)
Net carrying amount

PROPERTY AND EQUIPMENT, NET (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Property, Plant and Equipment [Line Items]
Less: accumulated depreciation	$ (26,305)	$ (52,572)
Property and equipment, net	48,339	35,381
Depreciation	5,266	5,832	$ 11,121
Digital display network equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment	26,049	49,427
Gas station display network equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment	33,412	23,261
Software [Member]
Property, Plant and Equipment [Line Items]
Property and equipment	9,959	10,367
Computer and office equipment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment	3,140	2,717
Vehicle[Member]
Property, Plant and Equipment [Line Items]
Property and equipment	774	985
Leasehold improvement [Member]
Property, Plant and Equipment [Line Items]
Property and equipment	218	209
Furniture and fixture [Member]
Property, Plant and Equipment [Line Items]
Property and equipment	$ 1,092	$ 687

PREPAID EQUIPMENT COST (Details) $ in Thousands	12 Months Ended
PREPAID EQUIPMENT COST (Details) $ in Thousands	Dec. 31, 2015 USD ($) Item	Dec. 31, 2014 USD ($)	Dec. 31, 2013 USD ($)	May 12, 2013 USD ($)
Schedule Of Prepaid Equipment Cost [Line Items]
Capital contribution from non-controlling interests		$ 11,241	$ 59,438
Prepaid equipment costs		$ 11,224	$ 56,996
Elec Tech [Member]
Schedule Of Prepaid Equipment Cost [Line Items]
Prepaid equipment costs	$ 27,708
Number of LED screens sets purchased \| Item	600
Elec Tech [Member] \| Beijing GreatView Media Advertising Co., Ltd. [Member]
Schedule Of Prepaid Equipment Cost [Line Items]
Investment commitment				$ 104,000
Equity interest - related party				21.27%
Elec Tech One [Member]
Schedule Of Prepaid Equipment Cost [Line Items]
Capital contribution from non-controlling interests	$ 68,458
Prepaid equipment costs	$ 55,416
Number of LED screens sets purchased \| Item	1,200

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Accrued Liabilities and Other Liabilities [Abstract]
Accrued payroll and welfare	$ 1,860	$ 1,773
Other tax payable	1,462	560
Accrued staff disbursement	1,166	738
Deposit payable	665	837
Accrued professional fees	4,382	386
Other current liabilities	1,209	569
Total accrued expenses and other current liabilities	$ 10,744	$ 4,863

SHORT-TERM LOAN (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2015	Mar. 31, 2014	Jan. 31, 2014
Short-term Debt [Line Items]
Short term loan	$ 3,000
Interest expense on short term borrowings	$ 77
Loans Payable To Bank One [Member]
Short-term Debt [Line Items]
Short term loan				$ 1,800
Annual interest rate				2.89%
Loans Payable To Bank Two [Member]
Short-term Debt [Line Items]
Short term loan			$ 1,200
Annual interest rate			2.86%

INCOME TAXES (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
INCOME TAXES (Narrative) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Income Taxes [Line Items]
PRC statutory tax rate	25.00%	25.00%	25.00%
Net operating loss carry forward	$ 15,399
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]
Preferential tax rate	15.00%
Xi'an AirMedia Chuangyi Technology Co., Ltd. ("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	15.00%	15.00%	12.50%	12.50%	12.50%
Shenzhen AirMedia Information Technology Co., Ltd. ("Shenzhen AM") [Member] \| PRC Enterprise Income Tax [Member]
Income Taxes [Line Items]
PRC statutory tax rate		25.00%	25.00%	25.00%	24.00%
Preferential tax rate		25.00%	25.00%	12.50%

INCOME TAXES (Schedule of Income Tax (Expenses)/Benefits) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income tax (expenses)/benefits:
Current	$ (480)	$ (988)	$ (1,088)
Deferred	(5,941)	2,500	1,625
Total	$ (6,421)	$ 1,512	$ 537

INCOME TAXES (Schedule of Deferred Income Tax Assets and Liabilities) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Deferred tax assets: Current
Allowance for doubtful accounts	$ 899	$ 1,347
Accrued payroll		390
Employee education fee excess	6
Valuation allowance	(864)	(1,253)
Deferred tax assets - current	41	484
Deferred tax assets - Non-current
Depreciation of property and equipment	127	245
Amortization of intangible assets and concession fees	2,274	2,821
Net operating loss carry forwards	15,404	10,842
Valuation allowance	(13,322)	(3,657)
Deferred tax assets - non-current	4,483	10,251
Total deferred tax assets	4,524	10,735
Deferred tax liabilities: Non-current
Acquired intangible assets	91	130
Total deferred tax liabilities	$ 91	$ 130

INCOME TAXES (Schedule of Reconciliation of Effective Income Tax Rate) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income Tax Disclosure [Abstract]
Net loss before provision for income taxes	$ (74,202)	$ (53,414)	$ (30,323)
PRC statutory tax rate	25.00%	25.00%	25.00%
Income tax at statutory tax rate	$ (18,551)	$ (13,354)	$ (7,581)
Expenses not deductible for tax purposes:
Entertainment expenses exceeded the tax limit	300	217	271
Tax effect of tax losses not recognized		10	346
Tax effect of other permanent differences	330	360	88
Changes in valuation allowance	9,276	2,748	526
Effect of preferential tax rates granted to PRC entities	14,404	7,912	5,379
Effect of income tax rate difference in other jurisdictions	662	595	434
Income tax (benefits)/expenses	$ 6,421	$ (1,512)	$ (537)
Effective tax rates	(8.70%)	2.80%	1.70%

INCOME TAXES (Schedule of VIE's Net Loss Per Share Amounts) (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income Tax Disclosure [Abstract]
Decrease in income tax expenses	$ (14,404)	$ (7,912)	$ (5,379)
Decrease in net loss per ordinary share-basic	$ (0.12)	$ (0.07)	$ (0.04)
Decrease in net loss per ordinary share-diluted	$ (0.11)	$ (0.07)	$ (0.04)

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

12 Months Ended

Dec. 31, 2015

Dec. 31, 2014

Dec. 31, 2013

Numerator:

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

$ 149,647

$ (25,695)

$ (10,626)

- Continuing operations

(70,651)

(45,306)

(28,961)

- Discontinued operations

$ 220,298

$ 19,611

$ 18,335

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

- basic

121,740,194

119,304,773

120,386,635

- diluted

129,372,158

119,304,773

120,386,635

Basic

Continuing operations

121,740,194

119,304,773

120,386,635

Discontinued operations

121,740,194

119,304,773

120,386,635

Diluted

Continuing operations

^[1]

121,740,194

119,304,773

120,386,635

Discontinued operations

^[2]

129,372,158

119,924,927

120,391,294

Net (loss) income per ordinary share

-basic

$ 1.23

$ (0.22)

$ (0.09)

-diluted

1.16

(0.22)

(0.09)

Net (loss) income per ordinary share from continuing operations

-basic

(0.58)

(0.38)

(0.24)

-diluted

(0.58)

(0.38)

(0.24)

Net income per ordinary share from discontinued operations

-basic

1.81

0.16

0.15

-diluted

$ 1.70

$ 0.16

$ 0.15

[1]	The effect of options was excluded from the computation of diluted loss per share from continuing operations for the years ended December 31, 2013, 2014 and 2015, respectively, as the effect would be anti-dilutive.
[2]	An incremental weighted average number of 4,659, 620,154 and 7,631,964 ordinary shares from assumed exercise of share option were included in computing the diluted income per share for the discontinued operations for the years ended December 31, 2013, 2014 and 2015, respectively.

NET (LOSS) INCOME PER SHARE (Details) (Parenthetical) - shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Earnings Per Share [Abstract]
Incremental weighted average shares from assumed exercise of share option	7,631,964	620,154	4,659

SHARE BASED PAYMENTS (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands														1 Months Ended								12 Months Ended			13 Months Ended
	Feb. 12, 2016	May 12, 2015	May 12, 2015	Aug. 01, 2014	Jun. 09, 2014	Jun. 01, 2014	May 31, 2014	Apr. 15, 2014	Nov. 01, 2012	Sep. 01, 2012	Jun. 07, 2011	Jul. 10, 2009	Jul. 02, 2007	Dec. 31, 2015	Oct. 31, 2015	Jun. 30, 2014	Nov. 30, 2012	Aug. 23, 2011	Mar. 22, 2011	Nov. 29, 2007	Jul. 20, 2007	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Sep. 22, 2013	Mar. 18, 2011	Dec. 29, 2008
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted																						660,000
Options outstanding														10,438,840								10,438,840	14,853,764
Exercise price																						$ 1.68
Granted, Weighted average grant-date fair value																						$ 1.16
Options exercisable														9,237,208								9,237,208
Options vested and expected to vest														10,332,009								10,332,009
Share-based compensation expense																						$ 567	$ 1,281	$ 943
Intrinsic value of options exercised during the period																						7,034	442	3
Fair value of options vested																						649	357	$ 1,476
Unrecognized compensation cost														$ 843								$ 843
Unrecognized compensation cost, period for recognition																								1 year 8 months 1 day
Non Employee Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted				50,000
2012 stock incentive plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized																	6,000,000
Options granted				140,000		2,376,620											60,000
Exercise price				$ 1.045		$ 1.025											$ 1.11
Expiration date of options															Jan. 31, 2016		Aug. 01, 2014
Contract life				5 years		5 years
Options vested and expected to vest															20,830
Options cancelled															29,170
2012 stock incentive plan [Member] \| Non Employee Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted		100,000	660,000													200,000
Exercise price			$ 1.675
Contract life			5 years
Options vested and expected to vest		16,664	16,664
2012 stock incentive plan [Member] \| Two Consultants [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted		200,000
Expiration date of options		May 31, 2016												Feb. 12, 2016
Options vested and expected to vest														3,332								3,332
Options cancelled														150,002
2012 stock incentive plan [Member] \| Two Consultants [Member] \| Subsequent Event [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise price	$ 1.12
Expiration date of options	Jan. 31, 2016
Options cancelled	83,336
Unvested options	$ 166,668
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									20,000	1,857,538
Exercise price									$ 1.11	$ 0.72
Contract life										5 years
Granted, Weighted average grant-date fair value							$ 0.43
Options vested immediately									20,000
2007 stock incentive plan [Member] \| Options Granted on July 2009 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, Weighted average grant-date fair value								$ 0.21
Incremental compensation cost																							4
2007 stock incentive plan [Member] \| Options Granted on July 2009 [Member] \| Exercise Price $1.15 Per Share [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise price					$ 1.15
Granted, Weighted average grant-date fair value					0.22
Incremental compensation cost																							686
2007 stock incentive plan [Member] \| Options Granted on July 2009 [Member] \| Exercise Price $1.57 Per Share [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise price					1.57
Granted, Weighted average grant-date fair value					0.12
Incremental compensation cost																							5
2007 stock incentive plan [Member] \| Options Granted on November 2012 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, Weighted average grant-date fair value					$ 0.25
Incremental compensation cost																							4
2007 stock incentive plan [Member] \| Options Granted On November2007 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, Weighted average grant-date fair value								$ 0.21
Incremental compensation cost																							4
2007 stock incentive plan [Member] \| Chief Financial Officer [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expiration date of options							May 31, 2016
Options vested							1,282,098
Incremental compensation cost																							201
Options cancelled							575,440
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								$ 2.3
Granted, Weighted average grant-date fair value											$ 0.75								$ 0.53
Incremental compensation cost											$ 314
2011 stock incentive plan [Member] [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized																										2,000,000
Exercise price																		$ 1.15
Granted, Weighted average grant-date fair value												$ 0.39	$ 0.21							$ 0.26	$ 0.22
Incremental compensation cost																		$ 1,259
Share-based compensation expense																		$ 950
2011 stock incentive plan [Member] [Member] \| Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Contract life																			5 years
2011 stock incentive plan [Member] [Member] \| Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Contract life																			10 years
2011 stock incentive plan [Member] [Member] \| Senior Executive Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options granted																			600,000
Options vested																									200,000
Options exercisable																			100,000
Options vested and expected to vest																			200,000
Share-based compensation expense																			$ 35					$ 59

SHARE BASED PAYMENTS (Schedule of Stock Option Activities) (Details) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2015 USD ($) $ / shares shares
Number of options
Outstanding as of January 1, 2015 \| shares	14,853,764
Granted \| shares	660,000
Exercised \| shares	(4,453,232)
Forfeited \| shares	(621,692)
Outstanding as of December 31, 2015 \| shares	10,438,840
Options vested and expected to vest as of December 31, 2015 \| shares	10,332,009
Options exercisable as of December 31, 2015 \| shares	9,237,208
Weighted average exercise price per option
Outstanding at beginning of the year	$ 1.15
Granted	1.68
Exercised	1.20
Forfeited	1.38
Outstanding at end of the year	1.14
Options vested and expected to vest as of December 31, 2015	1.14
Options exercisable as of December 31, 2015	1.14
Weighted average grant-date fair value
Outstanding at the beginning of the year	1.18
Granted	1.16
Exercised	1.42
Forfeited	1.20
Outstanding at end of the year	1.07
Options vested and expected to vest as of December 31, 2015	1.07
Options exercisable as of December 31, 2015	$ 1.13
Weighted average remaining contractual terms
Outstanding at December 31, 2015	2 years 1 month 28 days
Options vested and expected to vest as of December 31, 2015	2 years 1 month 24 days
Options exercisable as of December 31, 2015	1 year 11 months 27 days
Aggregate intrinsic value
Outstanding at December 31, 2015 \| $	$ 17,236
Options vested and expected to vest as of December 31, 2015 \| $	17,056
Options exercisable as of December 31, 2015 \| $	$ 15,262

SHARE BASED PAYMENTS (Schedule of Stock Option Assumptions) (Details)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate of return	0.00%	0.10%	0.12%
Expected term	15 days	1 year	3 months 29 days
Volatility	7.19%	63.10%	64.75%
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate of return	1.24%	1.07%	1.10%
Expected term	2 years 11 months 5 days	3 years 3 months 26 days	4 years 5 months 1 day
Volatility	126.63%	67.06%	94.43%

FAIR VALUE MEASUREMENT (Details) $ in Thousands	12 Months Ended
FAIR VALUE MEASUREMENT (Details) $ in Thousands	Dec. 31, 2015 USD ($)
Fair Value Disclosures [Abstract]
Unit price of each LED screen	$ 58
Weighted average cost of capital	17.00%
Long-term growth rate	3.00%
Risk-adjusted discount rate	7.50%

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, 2014
Class of Stock [Line Items]
ADSs authorized for repurchase	$ 40,000	$ 20,000
Stock repurchase program, period	3 years	2 years
Number of ADSs repurchased			6,532,429
Shares repurchased, amount			$ 17,400
Shares cancelled, shares			2,190,685
Treasury stock, Number of ADSs			4,341,744
Number of ADSs reissued			2,708,538

MAINLAND CHINA CONTRIBUTION PLAN (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Pension and Other Postretirement Benefit Contributions [Abstract]
Contribution to employee benefits	$ 2,202	$ 2,717	$ 2,173

STATUTORY RESERVES (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
STATUTORY RESERVES [Abstract]
Provision for Statutory Reserves	$ 17,542	$ 413

RESTRICTED NET ASSETS (Details) $ in Thousands	Dec. 31, 2015 USD ($)
RESTRICTED NET ASSETS [Abstract]
Restricted net assets	$ 313,780
Restricted assets attributable to VIEs	114,695
Statutory reserves	$ 199,085

COMMITMENTS (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
COMMITMENTS (Narrative) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2016
Commitments [Line Items]
Rent expense	$ 1,507	$ 1,316	$ 1,141
Concession fees	$ 64,752	71,533	$ 67,314
Capital contrubuted into joint venture		$ 1,455
Subsequent Event [Member] \| Forecast [Member]
Commitments [Line Items]
Minimum purchase payments				$ 26,177

COMMITMENTS (Schedule of Future Minimum Rental Lease Payments) (Details) - Rental lease payments [Member] $ in Thousands	Dec. 31, 2015 USD ($)
2016	$ 1,279
2017	249
2018	104
Total	$ 1,632

COMMITMENTS (Schedule of Future Minimum Concession Fee Payments) (Details) - Concession fee payments [Member] $ in Thousands	Dec. 31, 2015 USD ($)
2016	$ 21,035
2017	18,215
2018	17,193
2019	15,359
2020	15,620
2021 and thereafter	9,378
Total	$ 96,980

CONTINGENT LIABILITIES (Details) $ in Thousands	Dec. 31, 2015 USD ($)
CONTINGENT LIABILITIES [Abstract]
Potential administrative fine	$ 5

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

Dec. 31, 2015

Dec. 31, 2014

Amount due from related parties-trading

$ 2,752

$ 953

Beijing Dayun Culture Communication Co. Ltd. [Member]

Amount due from related parties-trading

^[1]

233

796

Beijing AirMedia Advertising Co., Ltd. ("AM Jinshi") [Member]

Amount due from related parties-trading

1,182

^[2]

^[3]

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

Amount due from related parties-trading

^[2]

615

AirMedia city ( Beijing ) Outdoor Advertising Company (AM Outdoor ) [Member]

Amount due from related parties-trading

^[2]

360

Beijing AirMedia Jinshi Advertising Co., Ltd. ("TianJin Jinshii") [Member]

Amount due from related parties-trading

^[2]

362

BEMC [Member]

Amount due from related parties-trading

^[4]

$ 157

[1]	The amounts due from Dayun Culture represent the unreceived consideration of $796 and $233 for selling 20% of equity interests in AirMedia Lianhe as of December 31, 2014 and 2015.
[2]	The amounts due from AM Jinshi, AirMedia Lianhe, AM Outdoor and TianJin Jinshi represents the amount of concession using fees receivable as of December 31, 2015.
[3]	The amounts due to AirTV United raised from the restructuring before the disposal in Note 1. The amounts represents the intra-company loans to AirTV United as of December 31, 2015.
[4]	The amounts due from BEMC represent the uncollected advertising revenues earned from BEMC as of December 31, 2014.

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

Dec. 31, 2015

Dec. 31, 2014

Amount due to related parties

$ 15,389

AM Advertising [Member]

Amount due to related parties

^[1]

15,093

AirTV United Media & Culture Co., Ltd. ("AirTV United") [Member]

Amount due to related parties

^[2]

$ 296

[1]	The amounts due to AM Advertising mainly represent the concession fee payables for using concessions owned by AM Advertising and unpaid loans incurred before the disposal and related interests due to AM Advertising as of December 31, 2015.
[2]	The amounts due to AirTV United raised from the restructuring before the disposal in Note 1. The amounts represents the intra-company loans to AirTV United as of December 31, 2015.

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

12 Months Ended

Dec. 31, 2015

Dec. 31, 2014

Dec. 31, 2013

Revenues earned from

$ 280

$ 681

Concession cost purchase from related party

144

AM Advertising [Member]

Revenues earned from

^[1]

Concession cost purchase from related party

^[1]

142

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

Concession cost purchase from related party

681

^[1]

278

Concession cost purchase from related party

^[1]

$ 2

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

RELATED PARTY TRANSACTIONS (Schedule of Equity Transaction with Related Party) (Details) - USD ($)
$ in Thousands

1 Months Ended

12 Months Ended

Aug. 31, 2014

Dec. 31, 2015

Dec. 31, 2014

Dec. 31, 2013

Jun. 30, 2014

Parent Company [Member]

Amount of cash consideration

$ 2,766

Dingsheng Ruizhi [Member]

Percentage of economic ownership to be sold

20.00%

Dingsheng Ruizhi [Member] | Beijing AirMedia Film & TV Culture Co., Ltd. ("AM Film") [Member]

Percentage of economic ownership to be sold

20.00%

Remaining percentage of economic ownership

80.00%

Beijing Dayun Culture Communication Co. Ltd. [Member]

Percentage of economic ownership to be sold

20.00%

Beijing Dayun Culture Communication Co. Ltd. [Member] | Beijing AirMedia Film & TV Culture Co., Ltd. ("AM Film") [Member]

Amount of cash consideration

^[1]

$ 2,766

Beijing Dayun Culture Communication Co. Ltd. [Member] | AM Lianhe [Member]

Percentage of economic ownership to be sold

20.00%

Amount of cash consideration

$ 2,766

Remaining percentage of economic ownership

80.00%

[1]	In August 2014, the Group sold 20% equity interest in AirMedia Lianhe, a wholly-owned subsidiary, to Dayun Culture, with a consideration of $2,766.

RELATED PARTY TRANSACTIONS (Narrative) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Beijing Dayun Culture Communication Co. Ltd. [Member]
Related Party Transaction [Line Items]
Amount receivable from related parties	$ 233	$ 796
Percentage of economic ownership to be sold	20.00%	20.00%
Guangxi Dingyuan Media Ltd. ("Guangxi Dingyuan") [Member]
Related Party Transaction [Line Items]
Amount receivable from related parties		$ 14
Dingsheng Ruizhi [Member]
Related Party Transaction [Line Items]
Amount receivable from related parties		$ 322
Percentage of economic ownership to be sold		20.00%

ADDITIONAL INFORMATION-FINANCIAL STATEMENT (Schedule of Parent Company Balance Sheets) (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Current assets:
Cash and cash equivalents	$ 86,960	$ 60,117	$ 59,652	$ 73,634
Other current assets	30,904	7,319
Total current assets	342,618	249,876
Non-current assets
TOTAL ASSETS	531,601	395,597
Current liabilities:
Accrued expenses and other current liabilities	10,744	4,863
Total liabilities	133,968	126,725
Equity
Ordinary Shares ($0.001 par value; 900,000,000 shares authorized in 2014 and 2015; 127,662,057 shares and 127,662,057 shares issued as of December 31, 2014 and 2015, respectively; 119,942,413 shares and 124,395,645 shares outstanding as of December 31, 2014 and 2015, respectively)	128	128
Additional paid-in capital	317,414	323,167
Treasury stock (7,719,644 and 3,266,412 shares as of December 31, 2014 and 2015, respectively)	(3,778)	(9,236)
Accumulated deficits	49,876	(99,138)
Accumulated other comprehensive income	22,928	33,815
Total equity	397,633	268,872	291,343	239,435
TOTAL LIABILITIES AND EQUITY	531,601	395,597
Parent Company [Member]
Current assets:
Cash and cash equivalents	332	2,029	14	196
Amount due from subsidiaries	179,619	178,347
Other current assets	1,369	556
Total current assets	181,320	180,932
Non-current assets
Investments in subsidiaries	205,501	71,023
TOTAL ASSETS	386,821	251,955
Current liabilities:
Amount due to subsidiaries		3,135
Accrued expenses and other current liabilities	253	84
Total liabilities	253	3,219
Equity
Ordinary Shares ($0.001 par value; 900,000,000 shares authorized in 2014 and 2015; 127,662,057 shares and 127,662,057 shares issued as of December 31, 2014 and 2015, respectively; 119,942,413 shares and 124,395,645 shares outstanding as of December 31, 2014 and 2015, respectively)	128	128
Additional paid-in capital	317,414	323,167
Treasury stock (7,719,644 and 3,266,412 shares as of December 31, 2014 and 2015, respectively)	(3,778)	(9,236)
Accumulated deficits	49,876	(99,138)
Accumulated other comprehensive income	22,928	33,815
Total equity	386,568	248,736	$ 270,966	$ 241,876
TOTAL LIABILITIES AND EQUITY	$ 386,821	$ 251,955

ADDITIONAL INFORMATION-FINANCIAL STATEMENT (Schedule of Parent Company Balance Sheets) (Details) (Parenthetical) - $ / shares	Dec. 31, 2015	Dec. 31, 2014
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	124,395,645	119,942,413
Treasury stock, shares	3,266,412	7,719,644
Parent Company [Member]
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	124,395,645	119,942,413
Treasury stock, shares	3,266,412	7,719,644

ADDITIONAL INFORMATION-FINANCIAL STATEMENT (Schedule of Parent Company Statements of Operations) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Operating expenses:
Selling and marketing	$ (9,611)	$ (12,916)	$ (9,202)
General and administrative	(27,102)	(20,620)	(15,104)
Total operating expenses	(36,713)	(33,536)	(24,306)
Parent Company [Member]
Operating expenses:
Selling and marketing		(144)
General and administrative	(2,070)	(1,676)	(2,239)
Total operating expenses	(2,070)	(1,820)	(2,239)
Investment (loss) income in subsidiaries	151,717	(23,875)	(8,387)
Net (loss) income attributable to holders of ordinary shares	$ 149,647	$ (25,695)	$ (10,626)

ADDITIONAL INFORMATION-FINANCIAL STATEMENT (Schedule of Parent Company Statements of Comprehensive (Loss)/Income) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Other comprehensive income (loss), net of tax:
Change in cumulative foreign currency translation adjustment	$ (11,478)	$ (6,874)	$ 7,582
Comprehensive (loss) income attributable to Parent Company	138,760	(32,109)	(3,345)
Parent Company [Member]
Condensed Financial Statements, Captions [Line Items]
Net (loss) income	149,647	(25,695)	(10,626)
Other comprehensive income (loss), net of tax:
Change in cumulative foreign currency translation adjustment	(10,887)	(6,414)	7,281
Comprehensive (loss) income attributable to Parent Company	$ 138,760	$ (32,109)	$ (3,345)

ADDITIONAL INFORMATION-FINANCIAL STATEMENT (Schedule of Parent Company Statements of Changes in Equity) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Condensed Financial Statements, Captions [Line Items]
Beginning Balance	$ 268,872	$ 291,343	$ 239,435
Ordinary shares issued for share based compensation	4,825	624	21
Share repurchase as treasury stock			(2,846)
Share-based compensation	598	1,359	1,251
Foreign currency translation adjustment	(11,478)	(6,874)	7,582
Capital contribution from non-controlling interests	1,313	11,241	60,209
Acquisition of non-controlling interests	(8,518)		(2,789)
Disposal of equity interests of AM Film and AM Lianhe		3,088
Net income (loss)	142,912	(31,826)	(11,520)
Ending Balance	$ 397,633	$ 268,872	$ 291,343
Ordinary shares [Member]
Condensed Financial Statements, Captions [Line Items]
Beginning Balance, shares	119,942,413	119,134,135	122,112,485
Beginning Balance	$ 128	$ 128	$ 128
Ordinary shares issued for share based compensation, shares	4,453,232	808,278	18,400
Ordinary shares issued for share based compensation
Share repurchase as treasury stock, shares			(2,996,750)
Share repurchase as treasury stock
Share-based compensation
Foreign currency translation adjustment
Capital contribution from non-controlling interests
Acquisition of non-controlling interests
Disposal of equity interests of AM Film and AM Lianhe
Ending Balance, shares	124,395,645	119,942,413	119,134,135
Ending Balance	$ 128	$ 128	$ 128
Additional paid-in capital [Member]
Condensed Financial Statements, Captions [Line Items]
Beginning Balance	323,167	313,912	278,652
Ordinary shares issued for share based compensation
Share repurchase as treasury stock
Share-based compensation	598	1,359	1,251
Foreign currency translation adjustment
Capital contribution from non-controlling interests	271	6,463	39,825
Acquisition of non-controlling interests	(6,163)		(5,816)
Disposal of equity interests of AM Film and AM Lianhe		1,433
Net income (loss)
Ending Balance	317,414	323,167	313,912
Treasury stock [Member]
Condensed Financial Statements, Captions [Line Items]
Beginning Balance	(9,236)	(9,860)	(7,035)
Ordinary shares issued for share based compensation	5,458	624	21
Share repurchase as treasury stock			(2,846)
Share-based compensation
Foreign currency translation adjustment
Capital contribution from non-controlling interests
Acquisition of non-controlling interests
Disposal of equity interests of AM Film and AM Lianhe
Net income (loss)
Ending Balance	(3,778)	(9,236)	(9,860)
(Accumulated deficit) retained earnings [Member]
Condensed Financial Statements, Captions [Line Items]
Beginning Balance	(99,138)	(73,443)	(62,817)
Ordinary shares issued for share based compensation	(633)
Share repurchase as treasury stock
Share-based compensation
Foreign currency translation adjustment
Capital contribution from non-controlling interests
Acquisition of non-controlling interests
Disposal of equity interests of AM Film and AM Lianhe
Net income (loss)	149,647	(25,695)	(10,626)
Ending Balance	49,876	(99,138)	(73,443)
Accumulated other comprehensive income [Member]
Condensed Financial Statements, Captions [Line Items]
Beginning Balance	33,815	40,229	32,948
Ordinary shares issued for share based compensation
Share repurchase as treasury stock
Share-based compensation
Foreign currency translation adjustment	(10,887)	(6,414)	7,281
Capital contribution from non-controlling interests
Acquisition of non-controlling interests
Disposal of equity interests of AM Film and AM Lianhe
Net income (loss)
Ending Balance	$ 22,928	33,815	$ 40,229
Parent Company [Member]
Condensed Financial Statements, Captions [Line Items]
Beginning Balance, shares	119,942,413		122,112,485
Beginning Balance	$ 248,736	270,966	$ 241,876
Ordinary shares issued for share based compensation, shares	4,825
Ordinary shares issued for share based compensation	$ 598	624	21
Share repurchase as treasury stock			(2,846)
Share-based compensation	598	1,359	1,251
Foreign currency translation adjustment	(10,887)	(6,414)	7,281
Capital contribution from non-controlling interests	271	6,463	39,825
Capital contribution to Guangzhou Meizheng	(459)
Acquisition of non-controlling interests			(5,816)
Disposal of equity interests of AM Film and AM Lianhe		1,433
Net income (loss)	149,647	$ (25,695)	(10,626)
Purchase the non-controlling interest in subsidiary AM Lianhe	(6,163)
Ending Balance, shares		119,942,413
Ending Balance	$ 386,568	$ 248,736	$ 270,966
Parent Company [Member] \| Ordinary shares [Member]
Condensed Financial Statements, Captions [Line Items]
Beginning Balance, shares	119,942,413	119,134,135	122,112,485
Beginning Balance	$ 128	$ 128	$ 128
Ordinary shares issued for share based compensation, shares	4,453,232	808,278	18,400
Share repurchase as treasury stock, shares			(2,996,750)
Share repurchase as treasury stock
Acquisition of non-controlling interests
Ending Balance, shares	124,395,645	119,942,413	119,134,135
Ending Balance	$ 128	$ 128	$ 128
Parent Company [Member] \| Additional paid-in capital [Member]
Condensed Financial Statements, Captions [Line Items]
Beginning Balance	323,167	313,912	278,652
Ordinary shares issued for share based compensation	598
Share repurchase as treasury stock
Share-based compensation	598	1,359	1,251
Capital contribution from non-controlling interests	271	6,463	39,825
Capital contribution to Guangzhou Meizheng	(459)
Acquisition of non-controlling interests			(5,816)
Disposal of equity interests of AM Film and AM Lianhe		1,433
Purchase the non-controlling interest in subsidiary AM Lianhe	(6,163)
Ending Balance	317,414	323,167	313,912
Parent Company [Member] \| Treasury stock [Member]
Condensed Financial Statements, Captions [Line Items]
Beginning Balance	$ (9,236)	(9,860)	(7,035)
Ordinary shares issued for share based compensation, shares	5,458
Ordinary shares issued for share based compensation		624	21
Share repurchase as treasury stock			(2,846)
Acquisition of non-controlling interests
Ending Balance	$ (3,778)	(9,236)	(9,860)
Parent Company [Member] \| (Accumulated deficit) retained earnings [Member]
Condensed Financial Statements, Captions [Line Items]
Beginning Balance	$ (99,138)	(73,443)	(62,817)
Ordinary shares issued for share based compensation, shares	(633)
Share repurchase as treasury stock
Acquisition of non-controlling interests
Net income (loss)	$ 149,647	(25,695)	(10,626)
Ending Balance	49,876	(99,138)	(73,443)
Parent Company [Member] \| Accumulated other comprehensive income [Member]
Condensed Financial Statements, Captions [Line Items]
Beginning Balance	33,815	40,229	32,948
Share repurchase as treasury stock
Foreign currency translation adjustment	(10,887)	(6,414)	7,281
Acquisition of non-controlling interests
Ending Balance	$ 22,928	$ 33,815	$ 40,229

ADDITIONAL INFORMATION-FINANCIAL STATEMENT (Schedule of Parent Company Statements of Cash Flows) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:
Net (loss) income	$ 142,912	$ (31,826)	$ (11,520)
Share-based compensation	567	1,281	943
CHANGES IN WORKING CAPITAL ACCOUNTS
Other current assets	(16,045)	2,224	4,115
Accounts payable	(8,591)	(1,723)	2,977
Accrued expenses and other current liabilities	(6,762)	(466)	168
Amount due to subsidiaries	12,803
Amount due from subsidiaries	(4,873)	(953)
Net cash provided by (used in) operating activities	(28,036)	(42,629)	(23,596)
CASH FLOWS FROM FINANCING ACTIVITIES:
Cash paid for treasury stock			(2,846)
Proceeds from exercises of stock options	4,826	624	21
Net cash (used in) provided by financing activities	2,141	16,823	55,938
Net (decrease)/increase in cash	19,523	7,785	(13,982)
Cash, at beginning of year	86,960	60,117	59,652	$ 73,634
Cash, at end of year	86,960	60,117	59,652	73,634
Parent Company [Member]
CASH FLOWS FROM OPERATING ACTIVITIES:
Net (loss) income	149,647	(25,695)	(10,626)
Investment loss (income) in subsidiaries	(151,717)	23,875	8,387
Share-based compensation	598	1,359	1,251
CHANGES IN WORKING CAPITAL ACCOUNTS
Other current assets	(813)	(221)	444
Accounts payable
Accrued expenses and other current liabilities	169	(308)	(3)
Amount due to subsidiaries	(3,135)	(517)	3,231
Amount due from subsidiaries	(1,272)	2,898	(41)
Net cash provided by (used in) operating activities	(6,523)	1,391	2,643
CASH FLOWS FROM FINANCING ACTIVITIES:
Cash paid for treasury stock			(2,846)
Proceeds from exercises of stock options	4,826	624	21
Net cash (used in) provided by financing activities	4,826	624	(2,825)
Net (decrease)/increase in cash	(1,697)	2,015	(182)
Cash, at beginning of year	332	2,029	14	196
Cash, at end of year	$ 332	$ 2,029	$ 14	$ 196