BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2011

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Schedule of principal subsidiaries included in the accompanying consolidated financial statements and ownership interests in principal subsidiaries



Networks
CTC Network	100.0	%	100.0	%	100.0	%
Domashny Network	100.0	%	100.0	%	100.0	%
Peretz Network	100.0	%	100.0	%	100.0	%
Television Station Groups
CTC-Region	100.0	%	100.0	%	100.0	%
CTC-Moscow	100.0	%	100.0	%	100.0	%
CTC-St. Petersburg	80.0	%	80.0	%	80.0	%
Domashny-Moscow	99.9	%	100.0	%	100.0	%
Domashny-St. Petersburg	100.0	%	100.0	%	100.0	%
Peretz -St. Petersburg	100.0	%	100.0	%	100.0	%
CIS Group
Channel 31 Group	60.0	%	60.0	%	60.0	%
Production Group
Story First Production	—		—		100.0	%
Costafilm	100.0	%	100.0	%	100.0	%
Soho Media	100.0	%	100.0	%	100.0	%

Schedule of assets recorded at fair value on nonrecurring basis

					Fair Value Measurement Using

			Quoted Prices in Active Markets for Identical Assets (Level 1)		Fair Value Measurement Using
	December 31, 2009				Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total Gains (Losses)*
Broadcasting licenses	$	16,583	$	—	$	—	$	16,583	$	(18,739	)

Total	$	16,583		—		—	$	16,583	$	(18,739	)

			Fair Value Measurement Using

	December 31, 2011		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total Gains (Losses)*
Broadcasting licenses	$	41,458	$	—	$	—	$	41,458	$	(18,258	)
Umbrella license		48,136		—		—		48,136		(5,300	)
Goodwill		58,453		—		—		58,453		(71,688	)

Total	$	148,047		—		—	$	148,047	$	(95,246	)

*: See below—Goodwill and Indefinite-Lived Intangible Assets Impairment Tests, for valuation techniques and description of how these assets are tested for impairment. See also Note 10, Impairment loss.

Summary of changes in allowance for doubtful accounts

	2009			2010			2011

Balance at January 1	$	1,355		$	988		$	780
Allowance for doubtful accounts (charged to expenses)		420			53			482
Accounts receivable written off (or subsequent payments)		(778	)		(173	)		(255	)
Foreign currency translation adjustments		(9	)		(88	)		(30	)
Balance at December 31	$	988		$	780		$	977

- Definition

Tabular disclosure of assets and liabilities by class, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a nonrecurring basis in periods after initial recognition (for example, impaired assets). The disclosures that may be required or desired include: (a) the fair value measurements recorded during the period and the reasons for the measurements and (b) the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets or liabilities (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). Where the quoted price in an active market for the identical liability is not available, the Level 1 input is the quoted price of an identical liability when traded as an asset.

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