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EARNINGS PER SHARE (Tables)
 3 Months Ended
Mar. 31, 2013
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The components of basic and diluted earnings per share are as follows:

 
For the Three Months Ended March 31,
 
2013

 
2012

Net (loss) / income attributable to CME Ltd.
$
(108,280
)
 
$
(13,392
)
 
 
 
 
Weighted average outstanding shares of common stock - basic (1)
88,397

 
64,393

Dilutive effect of employee stock options and RSUs
—

 
—

Weighted average outstanding shares of common stock - diluted
88,397

 
64,393

 
 
 
 
Net loss per share:
 
 
 
Basic
$
(1.22
)
 
$
(0.21
)
Diluted
$
(1.22
)
 
$
(0.21
)

(1) For the purpose of computing basic earnings per share, the 11,211,449 shares of Class A common stock underlying the Series A Preferred Share are included in the weighted average outstanding shares of common stock - basic, primarily because the holder of the Series A Preferred Share is entitled to receive any dividends payable when dividends are declared by the Board of Directors with respect to any shares of common stock.