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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended 9 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Sep. 30, 2009
Predecessor
Revenues:        
Production revenues $ 95,611 $ 101,859 $ 15,582 $ 48,360
Grant revenues from governmental agencies 2,955 3,340 6,800  
Licensing revenue 60      
Total revenues 98,626 105,199 22,382 48,360
Costs and expenses:        
Cost of revenues, excluding depreciation and amortization 93,839 83,894 11,964 44,554
Depreciation expense 13,308 7,349 1,436 5,157
Selling, general and administrative expenses 63,137 25,479 5,172 10,929
Amortization of intangible assets 3,451 2,935 734  
Total costs and expenses 173,735 119,657 19,306 60,640
Operating income (loss) (75,109) (14,458) 3,076 (12,280)
Interest and finance expense:        
Issuance of and changes in fair value of warrant and other debt-related liabilities (35,820) (24,321) (296) (11,932)
Amortization of discount and issuance costs on notes payable (13,201) (3,633) (644) (599)
Losses on debt extinguishments (18,256)     (6,311)
Interest expense on notes payable (3,495) (2,790) (530) (1,971)
Interest expense on capital lease obligations (302) (245)   (223)
Adjustment of held interest in business combination     3,528  
Other income (expense), net 2,095 254 122 108
Income (loss) before income taxes (144,088) (45,193) 5,256 (33,208)
Income tax expense (benefit) 132 25    
Income (loss) from continuing operations (144,220) (45,218) 5,256 (33,208)
Loss from discontinued operations - net of tax       (2,429)
Gain from sale of discontinued operations - net of tax       9,241
Net income (loss) before non-controlling interests (144,220) (45,218) 5,256 (26,396)
Net loss attributable to non-controlling interests 3,518 2,747 2,703  
Net income (loss) attributable to Digital Domain Media Group, Inc. (140,702) (42,471) 7,959 (26,396)
Preferred stockholders accretion, deemed dividends and income participation       (889)
Net income (loss) attributable to common stockholders (140,702) (42,471) 7,959 (27,285)
Earnings (loss) per Share        
Income (loss) from continuing operations (144,220) (45,218) 5,256 (33,208)
Loss from discontinued operations - net of tax       (2,429)
Gain from sale of discontinued operations - net of tax       9,241
Net loss attributable to non-controlling interests 3,518 2,747 2,703  
Preferred stockholders accretion, deemed dividends and income participation       (889)
Net income (loss) attributable to common stockholders $ (140,702) $ (42,471) $ 7,959 $ (27,285)
Weighted average number of common shares outstanding:        
Basic (in shares) 19,424,479 12,372,357 12,226,107 13,109,267
Diluted (in shares) 19,424,479 12,372,357 12,769,928 13,109,627
Basic loss per share:        
Loss before non-controlling interests (in dollars per share) $ (7.42) $ (3.65) $ 0.43 $ (2.53)
Loss from discontinued operations - net of tax (in dollars per share)       $ (0.19)
Gain from sale of discontinued operations - net of tax (in dollars per share)       $ 0.71
Net loss attributable to non-controlling interests (in dollars per share) $ 0.18 $ 0.22 $ 0.22 $ (0.07)
Basic loss per share attributable to Common Stockholders (in dollars per share) $ (7.24) $ (3.43) $ 0.65 $ (2.08)
Diluted loss per share:        
Loss before non-controlling interests (in dollars per share) $ (7.42) $ (3.65) $ 0.41 $ (2.53)
Loss from discontinued operations - net of tax (in dollars per share)       $ (0.19)
Gain from sale of discontinued operations - net of tax (in dollars per share)       $ 0.71
Net loss attributable to non-controlling interests (in dollars per share) $ 0.18 $ 0.22 $ 0.21 $ (0.07)
Diluted loss per share attributable to Common Stockholders (in dollars per share) $ (7.24) $ (3.43) $ 0.62 $ (2.08)