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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2015
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES  
Schedule of principal entities included in the accompanying financial statements and beneficial ownership interests in principal entities

 

                                                                                                                                                                                    

 

 

2013

 

2014

 

2015**

 

Russian Channels

 

 

 

 

 

 

 

 

 

 

CTC Network

 

 

100.0 

%

 

100.0 

%

 

25 

%

Domashny Network

 

 

100.0 

%

 

100.0 

%

 

25 

%

Che Network*

 

 

100.0 

%

 

100.0 

%

 

25 

%

CTC-Region

 

 

100.0 

%

 

100.0 

%

 

25 

%

CTC-St. Petersburg

 

 

80.0 

%

 

80.0 

%

 

20 

%

Domashny—St. Petersburg

 

 

100.0 

%

 

100.0 

%

 

25 

%

Che—St. Petersburg*

 

 

100.0 

%

 

100.0 

%

 

25 

%

Kazakhstan Channel

 

 

 

 

 

 

 

 

 

 

Channel 31 Group

 

 

60.0 

%

 

60.0 

%

 

15 

%


 

 

 

*          

Che TV channel is using the frequency band previously used by Peretz. In November, 2015 Peretz channel was relaunched in a new format as Che.

**          

Since 2015, all Russian channels and Channel 31 are controlled by an intermediate Russian holding company, CTC Investments, 75% of which was sold by the Company to UTH in December 2015. See Note 1.

 

Schedule of assets recorded at fair value on nonrecurring basis

 

                                                                                                                                                                                    

 

 

 

 

Fair Value Measurement Using

 

 

 

December 23,
2015

 

Quoted Prices in
Active Markets
for Identical
Assets (Level 1)

 

Significant Other
Observable
Inputs (Level 2)

 

Significant
Unobservable
Inputs (Level 3)

 

Total Gains
(Losses)

 

Umbrella analog license

 

$

3,475

 

$

 

$

 

$

3,475

 

$

(2,965

)

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Che goodwill

 

$

 

$

 

$

 

$

 

$

(3,289

)

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Cable network connections

 

$

4,080

 

$

 

$

 

$

4,080

 

$

(2,737

)

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Total

 

$

7,555

 

$

 

$

 

$

7,555

 

$

(8,991

)

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

                                                                                                                                                                                    

 

 

 

 

Fair Value Measurement Using

 

 

 

December 31,
2014

 

Quoted Prices in
Active Markets
for Identical
Assets (Level 1)

 

Significant Other
Observable
Inputs (Level 2)

 

Significant
Unobservable
Inputs (Level 3)

 

Total Gains
(Losses)

 

Goodwill

 

$

4,158

 

 

 

 

 

$

4,158

 

$

(29,356

)

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Total

 

$

4,158

 

 

 

 

 

$

4,158

 

$

(29,356

)

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

                                                                                                                                                                                    

 

 

 

 

Fair Value Measurement Using

 

 

 

December 31,
2013

 

Quoted Prices in
Active Markets
for Identical
Assets (Level 1)

 

Significant Other
Observable
Inputs (Level 2)

 

Significant
Unobservable
Inputs (Level 3)

 

Total Gains
(Losses)

 

Goodwill

 

$

 

$

 

$

 

$

 

$

(29,869

)

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Total

 

$

 

 

 

 

 

$

 

$

(29,869

)

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​