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EARNINGS PER SHARE (Tables)
 12 Months Ended
Dec. 31, 2016
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 Year Ended December 31,
 
2016

 
2015

 
2014

Loss from continuing operations
$
(180,597
)
 
$
(102,285
)
 
$
(151,465
)
Net loss attributable to noncontrolling interests
306

 
671

 
4,468

Less: preferred dividend paid in kind (Note 11)
(13,701
)
 
(17,272
)
 
(16,036
)
Loss from continuing operations available to common shareholders, net of noncontrolling interest
(193,992
)
 
(118,886
)
 
(163,033
)
Loss from discontinued operations, net of tax
—

 
(13,287
)
 
(80,431
)
Net loss attributable to CME Ltd. available to common shareholders - Basic
$
(193,992
)
 
$
(132,173
)
 
$
(243,464
)
 
 
 
 
 
 
Effect of dilutive securities
 
 
 
 
 
Preferred dividend paid in kind
—

 
—

 
—

Net loss attributable to CME Ltd. available to common shareholders - Diluted
$
(193,992
)
 
$
(132,173
)
 
$
(243,464
)
 
 
 
 
 
 
Weighted average outstanding shares of common stock - Basic (1)
151,017

 
146,866

 
146,509

Dilutive effect of employee stock options and RSUs
—

 
—

 
—

Weighted average outstanding shares of common stock - Diluted
151,017

 
146,866

 
146,509

 
 
 
 
 
 
Net loss per share:
 
 
 
 
 
Continuing operations attributable to CME Ltd. - Basic and diluted
$
(1.28
)
 
$
(0.81
)
 
$
(1.11
)
Discontinued operations attributable to CME Ltd. - Basic and diluted
—

 
(0.09
)
 
(0.55
)
Net loss attributable to CME Ltd. - Basic and diluted
(1.28
)
 
(0.90
)
 
(1.66
)
(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, 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 the common stock.