CTC Media (CTCM) 10-Q 30 Apr 14 2014 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Mar. 31, 2014	Apr. 30, 2014
Document and Entity Information	'	'
Entity Registrant Name	'CTC Media, Inc.	'
Entity Central Index Key	'0001354513	'
Document Type	'10-Q	'
Document Period End Date	31-Mar-14	'
Amendment Flag	'false	'
Current Fiscal Year End Date	'--12-31	'
Entity Current Reporting Status	'Yes	'
Entity Filer Category	'Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	155,762,166
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q1	'

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
CURRENT ASSETS:	'	'
Cash and cash equivalents (Note 4)	$37,739	$30,574
Short-term investments (Note 4)	160,663	180,337
Trade accounts receivable, net of allowance for doubtful accounts (December 31, 2013-$483; March 31, 2014-$643)	34,200	36,875
Taxes reclaimable	24,433	22,929
Prepayments	42,165	57,536
Programming rights, net (Note 5)	167,510	172,197
Deferred tax assets	28,277	30,400
Other current assets	4,693	4,373
TOTAL CURRENT ASSETS	499,680	535,221
PROPERTY AND EQUIPMENT, net	31,479	36,874
INTANGIBLE ASSETS, net:	'	'
Broadcasting licenses	51,293	59,676
Cable network connections	17,687	20,422
Trade names	4,892	5,332
Other intangible assets	4,274	4,876
Net intangible assets	78,146	90,306
GOODWILL	124,071	135,276
PROGRAMMING RIGHTS, net (Note 5)	114,486	121,802
INVESTMENTS IN AND ADVANCES TO INVESTEES	4,453	5,524
PREPAYMENTS	28,626	27,602
DEFERRED TAX ASSETS	16,593	18,371
OTHER NON-CURRENT ASSETS (Note 4)	6,916	'
TOTAL ASSETS	904,450	970,976
CURRENT LIABILITIES:	'	'
Accounts payable	103,848	105,849
Accrued liabilities	26,367	20,449
Taxes payable	19,155	33,630
Deferred revenue	10,683	10,223
Deferred tax liabilities	54,061	49,770
Other current liabilities	3,186	3,390
TOTAL CURRENT LIABILITIES	217,300	223,311
DEFERRED TAX LIABILITIES	12,727	13,549
COMMITMENTS AND CONTINGENCIES (Note 9)	'	'
STOCKHOLDERS' EQUITY:	'	'
Common stock ($0.01 par value; shares authorized 175,772,173; shares issued and outstanding December 31, 2013 and March 31, 2014-158,210,719)	1,582	1,582
Additional paid-in capital	494,625	494,122
Retained earnings	390,542	386,575
Accumulated other comprehensive loss	-189,053	-124,339
Less: Common stock held in treasury, at cost (December 31, 2013 and March 31, 2014-2,500,000 shares)	-29,727	-29,727
Non-controlling interest	6,454	5,903
TOTAL STOCKHOLDERS' EQUITY	674,423	734,116
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$904,450	$970,976

CONDENSED_CONSOLIDATED_BALANCE1

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Mar. 31, 2014	Dec. 31, 2013
In Thousands, except Share data, unless otherwise specified
CONDENSED CONSOLIDATED BALANCE SHEETS	'	'
Trade accounts receivable, allowance for doubtful accounts (in dollars)	$643	$483
Common stock, par value (in dollars per share)	$0.01	$0.01
Common stock, shares authorized	175,772,173	175,772,173
Common stock, shares issued	158,210,719	158,210,719
Common stock, shares outstanding	155,710,719	155,710,719
Common stock held in treasury, at cost	2,500,000	2,500,000

CONDENSED_CONSOLIDATED_STATEME

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
REVENUES:	'	'
Advertising	$184,563	$190,032
Sublicensing revenue and other revenues	1,684	5,255
Total operating revenues	186,247	195,287
EXPENSES:	'	'
Direct operating expenses (exclusive of programming expenses, shown below; exclusive of depreciation and amortization of $7,460 and $6,642 for the three months ended March 31, 2013 and 2014, respectively; and exclusive of stock-based compensation (expenses) benefit of $(682) and $1,149 for the three months ended March 31, 2013 and 2014, respectively)	-11,653	-11,443
Selling, general and administrative (exclusive of depreciation and amortization of $1,005 and $1,190 for the three months ended March 31, 2013 and 2014, respectively; and exclusive of stock-based compensation (expense) benefit of $(656) and $358 for the three months ended March 31, 2013 and 2014, respectively)	-41,552	-40,765
Stock-based compensation (expense)/benefit	1,507	-1,338
Programming expenses	-78,578	-91,092
Depreciation and amortization	-7,832	-8,465
Total operating expenses	-138,108	-153,103
OPERATING INCOME	48,139	42,184
FOREIGN CURRENCY GAINS (LOSSES)	-3,370	546
INTEREST INCOME	3,278	3,316
INTEREST EXPENSE	-136	-207
OTHER NON-OPERATING LOSS, net	-1,058	-349
EQUITY IN INCOME (LOSS) OF INVESTEE COMPANIES	-939	203
Income before income tax	45,914	45,693
INCOME TAX EXPENSE	-14,179	-16,259
CONSOLIDATED NET INCOME	31,735	29,434
LESS: INCOME ATTRIBUTABLE TO NONCONTROLLING INTEREST	-519	-846
NET INCOME ATTRIBUTABLE TO CTC MEDIA, INC. STOCKHOLDERS	$31,216	$28,588
Net income per share attributable to CTC Media, Inc. stockholders-basic (in dollars per share)	$0.20	$0.18
Net income per share attributable to CTC Media, Inc. stockholders-diluted (in dollars per share)	$0.20	$0.18
Weighted average common shares outstanding-basic (in shares)	155,710,719	158,160,719
Weighted average common shares outstanding-diluted (in shares)	155,803,931	158,170,789
Dividends declared per share (in dollars per share)	$0.18	$0.15

CONDENSED_CONSOLIDATED_STATEME1

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Parenthetical) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
CONDENSED CONSOLIDATED STATEMENTS OF INCOME	'	'
Direct operating expenses, depreciation and amortization	$6,642	$7,460
Direct operating expenses, stock-based compensation	1,149	-682
Selling, general and administrative, depreciation and amortization	1,190	1,005
Selling, general and administrative, stock-based compensation	$358	($656)

CONDENSED_CONSOLIDATED_STATEME2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)	'	'
Net Income	$31,735	$29,434
Other Comprehensive loss:	'	'
Foreign Currency Translation Adjustment	-65,478	-17,856
Other Comprehensive Loss	-65,478	-17,856
Comprehensive Income (Loss)	-33,743	11,578
Less: Comprehensive (Income) Loss attributable to the non-controlling interest	245	-842
Comprehensive Income (Loss) attributable to CTC Media, Inc. stockholders	($33,498)	$10,736

CONDENSED_CONSOLIDATED_STATEME3

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:	'	'
Consolidated net income	$31,735	$29,434
Adjustments to reconcile net income to net cash provided by operating activities:	'	'
Deferred tax expense (benefit)	3,279	-2,290
Depreciation and amortization	7,832	8,465
Programming expenses	78,578	91,092
Stock based compensation expense (benefit)	-1,507	1,338
Equity in (income) loss of unconsolidated investees	939	-203
Foreign currency (gains) losses	3,370	-546
Changes in operating assets and liabilities:	'	'
Trade accounts receivable	11,175	-14,453
Prepayments	-1,173	-5,457
Other assets	1,345	2,049
Accounts payable and accrued liabilities	-12,425	370
Deferred revenue	2,771	2,610
Other liabilities	-8,860	-16,357
Acquisition of programming and sublicensing rights	-84,656	-108,955
Net cash provided by/(used in) operating activities	32,403	-12,903
CASH FLOWS FROM INVESTING ACTIVITIES:	'	'
Acquisitions of property and equipment and intangible assets	-974	-1,120
Receipts from/(investments in) deposits, net	4,522	-306
Net cash provided by/(used in) investing activities	3,548	-1,426
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'
Settlement of overdraft and loans, net	-91	-6,955
Increase in other non-current assets (Note 4)	-6,916	'
Dividends paid to stockholders	-20,333	-17,786
Dividends paid to noncontrolling interest	-24	-127
Net cash used in financing activities	-27,364	-24,868
EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS	-1,422	-584
Net increase/(decrease) in cash and cash equivalents	7,165	-39,781
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	30,574	55,181
CASH AND CASH EQUIVALENTS AT END OF PERIOD	$37,739	$15,400

ORGANIZATION

ORGANIZATION	3 Months Ended
	Mar. 31, 2014
ORGANIZATION	'
ORGANIZATION	'
	1. ORGANIZATION
	The accompanying consolidated financial statements include the accounts of CTC Media, Inc. and all consolidated subsidiaries (the "Company"). CTC Media, Inc., a Delaware corporation, operates the CTC, Domashny and Peretz television channels in Russia and Channel 31 in Kazakhstan. Each channel includes operating results of its network, which is responsible for broadcasting operations, including sales of its networks' advertising, licensing and commissioning of programming, producing its programming schedule, managing its relationships with its independent affiliates, and the respective stations that distribute the network's signal. For financial reporting purposes the Company's other less significant operating segments are included along with the Company's headquarters' operations in the "All Other" category.
	The Company generates substantially all of its revenues from the sale of television advertising on both a national and regional basis. The Company also generates revenues from the sublicensing of programming rights.

BASIS_OF_PRESENTATION_AND_SUMM

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
	Mar. 31, 2014
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	'
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	'
	2. BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	The accompanying unaudited condensed consolidated financial statements for the three months ended March 31, 2014 should be read in conjunction with the consolidated financial statements contained in the Company's Annual Report on Form 10-K filed with the US Securities and Exchange Commission (the "SEC") on March 6, 2014. The Company's accounting policies are more fully described in the Annual Report. The preparation of the Company's unaudited condensed consolidated financial statements requires the Company to make judgments in selecting appropriate assumptions for calculating financial estimates, which inherently contain some degree of uncertainty. The Company bases its estimates on historical experience and on various other assumptions that the Company believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the reported amounts of revenues and expenses that are not readily apparent from other sources. Actual results may differ from these estimates under different assumptions or conditions. The following discussion addresses the Company's most critical accounting policies, which require management's most difficult, subjective and complex judgments.
	Basis of Presentation
	The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been recorded. Operating results for the three months ended March 31, 2014 are not necessarily indicative of the results that may be expected for the year ending December 31, 2014.
	The condensed consolidated balance sheet at December 31, 2013 has been derived from the audited consolidated financial statements at that date but does not include all of the information and footnotes required by U.S. generally accepted accounting principles for the complete financial statements.
	For further information, refer to the consolidated financial statements and footnotes thereto included in the Company's Annual Report on Form 10-K as of and for the year ended December 31, 2013.
	Principles of Consolidation
	Wholly owned subsidiaries and majority owned ventures where the Company has operating and financial control, as well as variable interest entities where the Company has been deemed the primary beneficiary with power and ability to control, are consolidated. Those ventures where the Company exercises significant influence, but does not exercise operating and financial control, are accounted for under the equity method. The Company uses the purchase method of accounting for all business combinations. Results of subsidiaries acquired and accounted for under the purchase method are included in operations from the date of acquisition. Noncontrolling interests represent a noncontrolling shareholder's proportionate share of the equity in certain of the Company's consolidated entities. Intercompany accounts and transactions are eliminated upon consolidation. Disposals are reflected at the time risks and rewards of ownership have been transferred.
	The Company is the primary beneficiary of the Channel 31 Group, a variable interest entity consisting of a 20% participation interest in Teleradiokompaniya 31st Kanal LLP ("Channel 31"), and a 70% and 60% interest in Prim LLP and Advertising and Marketing LLP, respectively, which provide programming content and the advertising sales function to Channel 31 (together, the "Channel 31 Group"). These interests provide the Company with a right to 60% of the economic interest of the Channel 31 Group. The Company consolidates the Channel 31 Group. As of March 31, 2014, the Channel 31 Group had assets (excluding intercompany assets) totaling $21,085 and liabilities (excluding intercompany liabilities) totaling $7,883. These assets and liabilities primarily relate to broadcasting licenses, trade payables for programming rights, loans and related deferred tax assets and liabilities. The Company finances the Channel 31 Group's operations during the ordinary course of business. Channel 31 Group's net loss attributable to CTC Media, Inc. stockholders excluding intercompany expenses totaled $585 for the three months ended March 31, 2014.
	Seasonality
	The Company experiences seasonal fluctuations in overall television viewership and advertising revenues. Overall television viewership is lower during the summer months and highest in the first and fourth quarters. Seasonal fluctuations in consumer patterns also affect television advertising expenditures. In 2013, approximately 31% of the Company's total advertising revenues were generated in the fourth quarter.
	Use of Estimates
	The preparation of financial statements in conformity with the accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Significant estimates in the financial statements include, among others, the estimate of fair values in business combinations, estimates of the fair value of the Company's common stock in determining stock- based compensation, the amortization method and periods for programming rights, useful lives of tangible and intangible assets, impairment of goodwill, valuation of intangible assets and long-lived assets, estimates of contingencies, estimates of income taxes in relation to Company's interpretation of current tax laws, in particular, in determination of foreign tax credits, determination of valuation allowances for deferred tax assets, and possible outcomes of current and future audits conducted by foreign and domestic tax authorities. While the Company believes it has made, and continues to make, reasonable judgments in determining its tax filing positions in each jurisdiction in which it is subject to tax, views may differ as to the determination of its tax obligations. These judgments may ultimately be subjected to examination by the tax authorities and further revisions may be required in the Company's estimates. The Company bases its estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making changes in estimates from time to time, and evaluates the estimates on an ongoing basis. Actual results may differ from those estimates under different assumptions or conditions.
	Revenue Recognition
	Revenue is recognized when there is persuasive evidence of an arrangement, services have been rendered, the price is fixed or determinable and collectability is reasonably assured. An allowance for doubtful accounts is maintained for estimated losses resulting from the customers' inability to make payments. The Company recognizes advertising revenues at the moment when the advertising is broadcast and net of Value Added Taxes ("VAT").
	The Company's own sales house serves as the exclusive advertising sales agent for substantially all advertising broadcast on all of its channels in Russia, and the advertising is placed with advertisers and their agencies under direct sales arrangements with them. The sales house is primarily responsible for all national and regional advertising sales, with the exception of advertising sales to local clients of a number of the Company's regional stations, which are made through Video International.
	The Company's cooperation model with Video International also provides for the licensing of specialized advertising software by Video International to the Company's sales house, together with the provision by Video International of related software maintenance and analytical support and consulting services. Compensation expenses payable to Video International for the use of advertising software, related maintenance and analytical support and consulting services are included in selling, general and administrative expenses in the Company's consolidated statement of income.
	The Company recognizes its Russian advertising revenues, excluding regional advertising revenues from local clients, based on the gross amounts billed to the advertisers and their agencies under direct sales arrangements. Advertising sales to local clients under the agency agreements with Video International continue to be recognized net of agency commissions.
	Sublicensing revenues primarily represent revenues the Company earns from sublicensing its rights to programming and from licensing of internally-produced programming. Sublicensing revenue is recognized at such time as there is persuasive evidence that a sale or arrangement with a customer exists, the underlying programming is complete and has been transferred to the customer, the licensing period has commenced and the customer can begin use, the arrangement fee is fixed or determinable, and collection of the arrangement fee is reasonably assured.
	Payments received in advance for advertising and other revenue are recorded as deferred revenue until earned.
	Programming rights
	Programming rights are stated at the lower of their unamortized cost or net realizable value. The Company reports an asset and liability for the rights acquired and obligations incurred at the commencement of the licensing period when the cost of the programming is known or reasonably determinable, the program material has been accepted and the programming is available for airing.
	The Company's programming rights also include internally produced programming. The cost of such programming includes expenses related to the acquisition of format rights, direct costs associated with production and capitalized overhead. The Company capitalizes production costs, including costs of individuals or departments with exclusive or significant responsibility for the production of programming that can be allocated to such particular programming, as a component of programming costs. Internally-produced programming is reported at the lower of unamortized cost or fair value.
	Purchased program rights are classified as current or non-current assets based on anticipated usage and the licensing period. Internally produced and purchased programming with unlimited rights are classified as non-current.
	The Company amortizes programming based on expected revenue generation patterns, based on the proportion that current estimated revenues bear to the estimated remaining total lifetime revenues. If the initial airing of content allowed by a license is expected to provide more value than subsequent airings, the Company applies an accelerated method of amortization. These accelerated methods of amortization depend on the estimated number of runs the content is expected to receive, and are determined based on a study of historical results for similar programming. For content that is expected to be aired only once, the entire cost is recognized as an expense on the first run. To the extent that the revenues the Company expects to earn from broadcasting a program are lower than the book value, the program rights are written down to their net realizable value by way of recording an additional amortization charge. Such write-downs establish a new cost basis for programming rights.
	Amortizable Long-Lived Assets
	Amortizable assets are stated at cost less accumulated amortization. Definite-lived intangible assets primarily represent broadcast licenses and cable network connections. Cable network connections are amortized on a straight-line basis over their estimated period of future economic benefit, approximately until 2018.
	As a result of developments in the transition to digital broadcasting, the Company changed its estimate of the useful lives of its broadcasting licenses from indefinite to finite in the fourth quarter of 2012. The Company is amortizing the remaining balances of its broadcasting licenses on a straight-line basis over each broadcasting license's estimated remaining useful life, originally estimated in the range of 2.75 to 5.75 years, depending on the region. In April 2014, the Ministry of Communications and Mass Media announced that current timelines for switching off analog broadcasting will be extended to the end of 2018. As a result, the Company will change its estimate of the remaining economic lives of its analog broadcasting licenses in the second quarter of 2014. The Company estimates that the amortization charge for its broadcasting licenses will be approximately $7.1 million for the remainder of 2014 and $10.6 million annually from 2015 through 2018. The estimated useful lives of broadcasting licenses is subject to the availability of further information about the transition to digital broadcasting which could require the Company to revise amortization expense on a prospective basis.
	Amortizable assets, including property and equipment and finite-lived intangibles, are reviewed periodically to determine whether an event or change in circumstances indicates that the carrying amount of the asset may not be recoverable. For long-lived assets to be held and used, the Company bases its evaluation on such impairment indicators as the nature of the assets, the future economic benefit of the assets and any historical or future profitability measurements, as well as other external market conditions or factors that may be present. If such impairment indicators are present or other factors exist that indicate that the carrying amount of the asset may not be recoverable, the Company determines whether impairment has occurred through the use of an undiscounted cash flows analysis of assets at the lowest level for which identifiable cash flows exist. If the carrying value of the asset or group of assets exceeds the undiscounted cash flows, impairment is deemed to have occurred, and the Company recognizes an impairment loss for the difference between the carrying amount and the estimated fair value of the asset. The fair value of the asset is estimated using a discounted cash flow analysis or other valuation techniques.
	Fair Value Measurements
	Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. The fair value hierarchy contains three levels as follows:
	Level 1—Unadjusted quoted prices that are available in active markets for the identical assets or liabilities at the measurement date.
	Level 2—Other observable inputs available at the measurement date, other than quoted prices included in Level 1, either directly or indirectly, including: (1) quoted prices for similar assets or liabilities in active markets; (2) quoted prices for identical or similar assets in non-active markets; (3) inputs other than quoted prices that are observable for the asset or liability; and (4) inputs that are derived principally from or corroborated by other observable market data.
	Level 3—Unobservable inputs that cannot be corroborated by observable market data and reflect the use of significant management judgment. These values are generally determined using pricing models for which the assumptions utilize management's estimates of market participant assumptions.
	There were no transfers between categories during the periods presented.
	The fair values of the Company's derivative assets of $2,476 and derivative liabilities of $2,755 have been classified as Level 2. The fair value of the Company's foreign exchange forward contracts is determined based on the present value of future cash flows using market-based observable inputs such as forward rates, discounts rates and foreign currency exchange rates. Counterparty credit risk did not have a material impact on derivative fair value estimates. The Company's derivative instruments are short-term in nature, primarily one month to one year in duration.
	The carrying amounts of the Company's financial instruments, which include cash and cash equivalents, short-term investments, accounts receivable and accounts payable approximate their fair value as of December 31, 2013 and March 31, 2014, respectively.
	Goodwill Impairment Test
	The Company assesses the carrying value of its goodwill on an annual basis, or more frequently if events or changes in circumstances indicate that such carrying value may not be recoverable. Other than its annual review, factors the Company considers important which could trigger an impairment review include under-performance of reporting units or changes in projected results, changes in the manner of utilization of the asset, a severe and sustained decline in the price of the Company's shares and negative market conditions or economic trends. For a discussion of methodology and major assumptions regarding the Company's impairment test refer to the Annual Report on Form 10-K filed with the SEC on March 6, 2014.
	The planned transition to digital broadcasting could impact the Company's assumptions used in its economic models and its assessment of the fair value of its reporting units. In December 2012, the CTC and Domashny channels were selected in a public tender for inclusion in the second digital multiplex; Peretz channel was not selected. Given the terms and fees associated with participation in the second multiplex, the Company expects to encounter certain risks and uncertainties in the execution of each of CTC and Domashny channels' business models. It is difficult to predict accurately how the digitalization of broadcasting may affect the market. While digital broadcasting would increase CTC's and Domashny's overall technical penetration, the necessary investments for digital migration may not be fully monetized. Currently, the Company believes the most significant of these uncertainties relate to the Company's overall operating costs during (and following) the transition to digital broadcasting.
	In addition, uncertainty exists about Peretz's technical penetration and its impact on advertising revenues after the end of analog broadcasting. The fair value of the Peretz reporting unit is particularly sensitive to changes in revenues and costs that may result depending on its distribution model after the end of analog broadcasting. Currently, the terms for participation in the third digital multiplex have not been specified. In addition, current Russian legislation does not provide 'must carry' obligations for cable and satellite operators, and accordingly the Company may be unable to secure or maintain carriage of its signal over cable in certain regions, or at transmission rates that are consistent with its historical experience. As a result, there can be no assurance that the Company will be able to negotiate mutually acceptable transmission agreements with cable providers in the future relating to the carriage of the Peretz signal. Depending on further information about the terms of the transition to digital broadcasting, terms of interaction with cable and satellite providers, and other future developments, the Company may need to further revise its projected cash flows, which could adversely impact the fair value of its reporting units and related goodwill.
	There may be other risks and expenses that the Company encounters during and subsequent to the transition that the Company is unable to anticipate at this time that could be material to its future financial position and results of operations. While the models used in the Company's assessments of its reporting units in its impairment testing incorporate changes in assumptions of revenues and costs, as well as risks associated with those uncertainties, depending on further information about the terms of the transition to digital broadcasting, as well as other future developments, the Company may need to further revise its projected cash flows, which could adversely impact the fair value of its reporting units and related goodwill. Subject to the availability of further information from the government and market participants, and the Company's ability to make further assessments of the government's plans, additional impairments may be required in the foreseeable future.
	In addition, uncertainty remains concerning global economic stability in the medium-term. Any significant continuation or worsening of the current economic instability, including as a result of geopolitical developments or related economic sanctions, could result in decreases in the fair values of goodwill and require the Company to record additional impairment losses that could have a material adverse impact on its net income.
	As of March 31, 2014, currently available information regarding the TV advertising markets in which the Company operates and management's current assessment of factors that could impact the Company's future cash flows in connection with the anticipated digitalization indicated that no downward revisions to the Company's internal cash flow projections are required. There were no indicators of additional impairment for the Company's goodwill or long-lived assets, and the Company was not required to record any additional impairment charges.
	The Company considers all current information in determining the need for or calculating the amount of any impairment charges; however, future changes in events or circumstances could result in decreases in the fair values of its intangible assets and goodwill.
	Stock-based compensation expense
	The Company estimates the fair value of equity awards at the date of grant using the Black-Scholes option pricing model. The Black-Scholes pricing model was originally developed for use in estimating the fair value of traded options, which have different characteristics than the Company's employee equity awards. The model is also sensitive to changes in subjective assumptions, which can materially affect the fair value estimate. These subjective assumptions include expected volatility, the expected life of the awards, future employee turnover rates, and future employee award exercise behavior. The Company determines the fair value of its common stock by using closing prices as quoted on the NASDAQ Global Select Market. Performance-based nonvested share awards require management to make assumptions regarding the likelihood of achieving the set goals.
	Once the Company has estimated the fair value of the equity instruments, it recognizes this estimated cost as stock-based compensation expense over the service period. Equity-based incentive awards that meet liability accounting criteria are remeasured at each reporting date at their fair value until settlement. The fair value of such unsettled equity-based incentive awards is recognized in liabilities.
	Tax provisions and valuation allowance for deferred tax assets
	Deferred income taxes result from temporary differences between the tax bases of assets and liabilities and the bases as reported in the consolidated financial statements, as well as the tax benefits of net operating loss carry forwards which are expected to be realized. The Company records valuation allowances related to the tax effects of deductible temporary differences and loss carry forwards when, in the opinion of management, it is more likely than not that the respective tax assets will not be realized. Changes in the Company's assessment of the probability of realization of deferred tax assets may affect the Company's effective income tax rate.
	The Company records temporary differences related to investments in its Russian subsidiaries. These temporary differences consist primarily of undistributed earnings that the Company does not plan to permanently reinvest in operations outside the U.S.
	The level of sophistication and expertise with respect to complex tax laws is continually evolving both on the part of tax professionals and the taxing authorities. The Company is a US legal entity with substantially all of its operations outside the US, primarily in Russia. As a result, the Company's tax filing positions in the US are substantially impacted by the Company's interpretation of tax law and how the Company applies it in determining US taxes payable and deferred tax liabilities. While the Company believes it has made, and continues to make, reasonable judgments in determining its tax filing positions in each jurisdiction in which the Company is subject to tax, views may differ as to the determination of its tax obligations. These judgments may ultimately be subjected to examination by the tax authorities and further revisions may be required in the Company's estimates.
	New and Recently Adopted Accounting Pronouncements
	Effective January 1, 2014, the Company adopted Accounting Standards Update 2013-05, Parent's Accounting for the Cumulative Translation Adjustment upon Derecognition of Certain Subsidiaries or Groups of Assets within a Foreign Entity or of an Investment in a Foreign Entity ("ASU 2013-05"), Accounting Standards Update 2013-07, Liquidation Basis of Accounting ("ASU 2013-07") and Accounting Standards Update 2013-11, Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists ("ASU 2013-11"). The adoption of these amendments did not have a material impact on the Company's condensed consolidated balance sheet or results of operations.

NET_INCOME_PER_SHARE

NET INCOME PER SHARE	3 Months Ended
	Mar. 31, 2014
NET INCOME PER SHARE	'
NET INCOME PER SHARE	'
	3. NET INCOME PER SHARE
	Basic net income per share for the three months ended March 31, 2013 and 2014 is computed on the basis of the weighted average number of common shares outstanding during the period. Diluted net income per share is computed using the weighted average number of common shares and, if dilutive, potential common shares outstanding during the period. Potential common shares are calculated using the "treasury stock" method and consist of shares underlying outstanding equity awards. The number of shares excluded from the diluted net income per common share computation because their effect was antidilutive, was 3,229,904 and 2,279,166 for the three months ended March 31, 2013 and 2014, respectively.
	The components of basic and diluted net income per share were as follows:
		Three months ended March 31,
		2013		2014
	Net income attributable to CTC Media, Inc. stockholders	$	28,588	$	31,216
	Weighted average common shares outstanding—basic
	Common stock		158,160,719		155,710,719
	Dilutive effect of:
	Stock-based awards		10,070		93,212
	Weighted average common shares outstanding—diluted		158,170,789		155,803,931
	Net income per share attributable to CTC Media, Inc. stockholders:
	Basic	$	0.18	$	0.2
	Diluted	$	0.18	$	0.2
	The numerator used to calculate diluted net income per common share for the three months ended March 31, 2013 and 2014 was net income attributable to CTC Media, Inc. stockholders.

CASH_AND_CASH_EQUIVALENTS_AND_

CASH AND CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS; OTHER NON-CURRENT ASSETS	3 Months Ended
	Mar. 31, 2014
CASH AND CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS; OTHER NON-CURRENT ASSETS	'
CASH AND CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS; OTHER NON-CURRENT ASSETS	'
	4. CASH AND CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS; OTHER NON-CURRENT ASSETS
	The Company's cash and cash equivalents and short-term investments comprise bank accounts and term deposits. Deposits with an original maturity ranging from 91 to 365 days are classified in short-term investments. Below are breakdowns of cash and cash equivalents and short-term investments:
		December 31,			March 31,
		2013			2014
	Cash and cash equivalents:
	Russian ruble bank accounts	$	16,616		$	21,363
	US dollar bank accounts		12,754			12,916
	Other		1,204			3,460
	Total cash and cash equivalents	$	30,574		$	37,739
		December 31, 2013					March 31, 2014
		Annual interest rate		Amount			Annual interest rate	Amount
	Short-term investments:
	Ruble-denominated deposits	6.3 - 9.0%		$	178,937		7.0 - 9.0%	$	130,663
	US dollar-denominated deposits	0.27%		$	1,400		0.75 - 1.40%	$	30,000
	Total Short-term investments			$	180,337			$	160,663
	Other non-current assets—On March 20, 2014, the United States imposed sanctions on Bank Rossiya, a Russian open joint stock company, and Bank Rossiya was placed on the Specially Designated Nationals ("SDN") and Blocked Persons List of the U.S. Department of the Treasury, Office of Foreign Assets Control ("OFAC"). On April 28, 2014, LLC IC Abros, a holding company related to Bank Rossiya, was also designated an SDN. More than 50% of the voting capital of Telcrest Investments Limited ("Telcrest"), one of the Company's principal stockholders, is beneficially owned, directly or indirectly, by Bank Rossiya and LLC IC Abros, and therefore Telcrest is also considered to be a target of sanctions.
	On March 5, 2014, the Company's Board declared a dividend to stockholders of record as of March 19, 2014. The Company paid the declared dividends on March 28, 2014, however, dividends of $6.9 million otherwise payable to Telcrest were blocked pursuant to the U.S. sanctions described above and paid into a separate interest-bearing bank account for the benefit of Telcrest, but to which Telcrest will not have access while either Bank Rossiya or LLC IC Abros remain an SDN.

PROGRAMMING_RIGHTS_NET

PROGRAMMING RIGHTS, NET	3 Months Ended
	Mar. 31, 2014
PROGRAMMING RIGHTS, NET	'
PROGRAMMING RIGHTS, NET	'
	5. PROGRAMMING RIGHTS, NET
	Programming rights as of December 31, 2013 and March 31, 2014 comprise the following:
		December 31,			March 31,
		2013			2014
	Internally produced—TV broadcasting:
	Released:
	Historical cost	$	167,182		$	158,311
	Accumulated amortization		(158,996	)		(150,379	)
	Released, net book value		8,186			7,932
	Completed and not released		7,318			4,051
	Total		15,504			11,983
	Acquired rights:
	Historical cost		777,719			748,320
	Accumulated amortization		(499,224	)		(478,307	)
	Net book value		278,495			270,013
	Total programming rights	$	293,999		$	281,996
	Current portion	$	172,197		$	167,510
	Non-current portion	$	121,802		$	114,486
	The Company expects to amortize approximately $5 million of internally produced TV programming for its completed and released programs and completed but not yet released programs during the twelve months ending March 31, 2015. In addition, the Company expects to amortize all of its unamortized internally produced programming rights within the three years following March 31, 2014.

STOCKHOLDERS_EQUITY

STOCKHOLDERS' EQUITY	3 Months Ended
	Mar. 31, 2014
STOCKHOLDERS' EQUITY	'
STOCKHOLDERS' EQUITY	'
	6. STOCKHOLDERS' EQUITY
	As of December 31, 2013 and March 31, 2014, the Company's issued and outstanding share capital was as follows:
	Type	December 31,			March 31,
		2013			2014
	Common stock issued		158,210,719			158,210,719
	Less: Common stock held in treasury		(2,500,000	)		(2,500,000	)
	Common stock outstanding		155,710,719			155,710,719
	Stock repurchase program
	On March 4, 2013, the Board of Directors approved an open market stock repurchase program, pursuant to which the Company was authorized to repurchase up to 2.5 million shares of common stock in the market for use under the Company's 2013 Equity Incentive Plan (the "Plan"). During the period ended December 31, 2013, the Company repurchased 2,500,000 shares of its common stock at an average price of $11.89 per share for a total of $29,727. Treasury stock is accounted for under the cost method.
	The Company's certificate of incorporation authorizes the Company to issue 175,772,173 shares of common stock and, 155,710,719 shares were outstanding as of December 31, 2013 and March 31, 2014. Each holder of common stock is entitled to one vote for each share of common stock held of record on all matters on which stockholders generally are entitled to vote.
	Dividends
	In 2014, the following dividends were declared and paid:
	Declaration date	Per Share Dividend			Aggregate			Record Date		Payment Date
					Dividend
	March 5, 2014	$	0.175		$	27,249		March 19, 2014		March 28, 2014
	As of March 20, 2014, dividends payable of $6,916 to Telcrest were blocked pursuant to the US sanctions imposed on Bank Rossyia described above in Note 4. As of March 31, 2014, dividends payable to Telcrest were recorded in accrued liabilities in the Company's condensed consolidated balance sheets.
	During the three months ended March 31, 2014, the Company declared and paid dividends to MTG of $10,494.
	The following table summarizes the changes in stockholders' equity during the three months ended March 31, 2013 and 2014:
		Total			CTC Media, Inc.			Noncontrolling
					stockholders			interest
	Stockholders' equity, December 31, 2012	$	762,926		$	758,323		$	4,603
	Net Income		29,434			28,588			846
	Other comprehensive loss		(17,856	)		(17,852	)		(4	)
	Comprehensive income		11,578			10,736			842
	Additional paid-in capital		649			649			—
	Dividends declared		(25,024	)		(23,724	)		(1,300	)
	Stockholders' equity, March 31, 2013	$	750,129		$	745,984		$	4,145
		Total			CTC Media, Inc.			Noncontrolling
					stockholders			interest
	Stockholders' equity, December 31, 2013	$	734,116		$	728,213		$	5,903
	Net income		31,735			31,216			519
	Other comprehensive loss		(65,478	)		(64,714	)		(764	)
	Comprehensive loss		(33,743	)		(33,498	)		(245	)
	Additional paid-in capital		503			503			—
	Disposals of noncontrolling interests		820			—			820
	Dividends declared		(27,273	)		(27,249	)		(24	)
	Stockholders' equity, March 31, 2014	$	674,423		$	667,969		$	6,454

STOCKBASED_COMPENSATION

STOCK-BASED COMPENSATION	3 Months Ended
	Mar. 31, 2014
STOCK-BASED COMPENSATION	'
STOCK-BASED COMPENSATION	'
	7. STOCK-BASED COMPENSATION
	The Company has several stock-based compensation programs. See the Annual Report on Form 10-K filed with the SEC on March 6, 2014—"Item 8. Financial Statements and Supplementary Data—Note 15, Stock-based compensation" for a discussion of these programs.
	The Company's Board of Directors approved performance criteria for the 2013 sub-tranche under the 2013 Equity Incentive Plan in respect of 637,800 RSUs with a weighted average per unit grant date fair value of $10.53. In the three months ended March 31, 2014, the Company recognized $0.5 million of expense attributable to these RSUs related to 2013 sub-tranche. The Company's Board of Directors has not yet determined performance criteria for the 2014 sub-tranche, but expects that such terms will be finalized by the end of the second quarter of 2014.
	The Company estimates that the total compensation expense related to awards approved under the 2013 Plan not yet recognized as of March 31, 2014 approximates $7.8 million, of which $7.3 million relates to RSUs for which performance criteria for 2014 and following years are not set, which is expected to be expensed over a weighted average period of 3.0 years. The Company expects to settle employee RSU exercises out of treasury stock. In March 2014, the Company's Board of Directors has agreed to grant additional equity awards of approximately 0.7 million shares of common stock in the form of RSU to its employees. The Compensation Committee of the Company's Board of Directors has not yet determined the vesting conditions of these awards, but expects that such terms will be finalized by the end of the second quarter of 2014. The grant date will be the date when the key terms of these awards are determined and agreed with employees.

INCOME_TAX

INCOME TAX	3 Months Ended
	Mar. 31, 2014
INCOME TAX	'
INCOME TAX	'
	8. INCOME TAX
	The Company is subject to US (domestic), Russian and Kazakh income taxes, based on US legislation, Russian tax legislation, Kazakh legislation and the Double Tax Treaty of 1992 between the United States and Russia ("Treaty"). US taxable income or losses recorded are reported on CTC Media, Inc.'s US income tax return. CTC Media, Inc.'s taxable revenues consist predominantly of dividends paid by its owned-and-operated affiliate stations and networks and interest on deposits. Dividends distributed to CTC Media, Inc. are subject to a Russian withholding tax of 5% under the Treaty. Dividends distributed within Russia are subject to a withholding tax of 9% for Russian companies holding less than 50% in a Russian distributing subsidiary for more than 365 days. The statutory income tax rate in Russia and Kazakhstan in 2013 and the three months ended March 31, 2014 was 20%.
	The Company's effective income tax rate was 36% and 31% for the three months ended March 31, 2013 and 2014, respectively. The decrease in effective tax rate when comparing the three-month periods ended March 31, 2013 and 2014 was primarily due to the recognition of foreign tax benefits that we determined were available for offset against US taxes based on a comprehensive examination of certain positions taken in the Company's historical US income tax filings. See the Annual Report on Form 10-K filed with the SEC on March 6, 2014—"Item 8. Financial Statements and Supplementary Data—Note 13, Income taxes".
	The tax years ended December 31, 2011, 2012 and 2013 remain subject to examination by the Russian and US tax authorities. The tax years ended December 31, 2009 through 2013 remain subject to examination by the Kazakh tax authorities.

COMMITMENTS_AND_CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	3 Months Ended
	Mar. 31, 2014
COMMITMENTS AND CONTINGENCIES	'
COMMITMENTS AND CONTINGENCIES	'
	9. COMMITMENTS AND CONTINGENCIES
	Operating environment
	Russia and Kazakhstan continue to implement economic reforms and to develop the legal, tax and regulatory frameworks to support a market economy. The future stability of the Russian and Kazakh economies is largely dependent upon these reforms and developments and the effectiveness of economic, financial and monetary measures undertaken by their governments.
	The Russian and Kazakh economies are vulnerable to market downturns and economic slowdowns elsewhere in the world. The recent economic downturn in both the European and global economies has resulted in reduced growth in the advertising market. A continuation of this economic downturn could adversely affect further economic growth, access to capital and cost of capital, which could negatively affect the Company's future financial position, results of operations and business prospects. In the three months ended March 31, 2014, the Russian and Kazakh governments continued to take measures to support their economies in order to overcome the consequences of the economic downturn. There continues to be uncertainty regarding further economic growth, access to capital and cost of capital, which could negatively affect the Company's future financial position, results of operations and business prospects.
	In addition, current instability in Ukraine, and related international economic sanctions, has the potential to negatively affect the Company's ability to sublicense certain programming in that country and may also have broader impacts on the macroeconomic environment of the region, which may adversely affect the Company's business.
	Although management believes it is taking appropriate measures to support the sustainability of the Company's business in the current circumstances, unexpected further deterioration in the areas described above could negatively affect the Company's results and financial position in a manner not currently determinable.
	Transition to digital broadcasting
	The Company believes that the introduction of digitalization will not adversely affect its ability to broadcast in the medium term, as its channels will continue to broadcast in the analog format under existing analog licenses until the transition to the digital format is completed. However, there is currently great uncertainty regarding the effect of the implementation of digital broadcasting on the Company's business models, as it is difficult to predict accurately how the digitalization of broadcasting may affect the market. While digital broadcasting would increase CTC's and Domashny's overall technical penetration, the necessary investments for digital migration may not be fully monetized. In addition, under Roskomnadzor's terms of participation in the second multiplex, the Company expects to encounter certain risks and uncertainties in the execution of the CTC and Domashny business models, which could significantly impact the operations and fair value of its reporting units and related goodwill. Also, uncertainty exists about Peretz's technical penetration and its impact on advertising revenues after the end of analog broadcasting. Subject to the availability of further information from the government and market participants, and the Company's ability to make further assessments of the government's plans, additional impairments may be required in the foreseeable future.
	On an ongoing basis, the Company meets with key participants of the media industry and governmental representatives for discussion and analysis of the transition to digital broadcasting, as well as the development of current business and industry initiatives.
	Exchange rate
	Although the Company's reporting currency is the US dollar, it generates almost all of its revenues through the sale of advertising, which in Russia is sold primarily in rubles. The ruble is also the functional currency of the Company's principal operating subsidiaries. As a result, the Company's reported revenues and results of operations are impacted by fluctuations in the exchange rate between the US dollar and the Russian ruble. Additionally, given that substantially all of its revenues are generated in rubles, the Company faces exchange rate risk relating to payments that it must make in currencies other than the ruble. In the three months ended March 31, 2014, the Russian ruble depreciated against the US dollar by 8%, and was on average 13% lower than the average value of the Russian ruble compared to the US dollar during the three months ended March 31, 2013. If the exchange rate between the ruble and the US dollar were to depreciate further, the revenues and operating results of the Company, as reported in US dollars, would be adversely affected. Among other factors, the current situation in Ukraine, and related international economic sanctions, has the potential to further negatively impact the value of the Russian ruble.
	Derivative Financial instruments
	As part of its risk management strategy, the Company uses derivative financial instruments, primarily foreign exchange forward contracts, to mitigate its exposure to currency exchange risk related to US dollar denominated payments. The Company's objective is to offset gains and losses resulting from these exposures with losses and gains on the derivative contracts used to hedge them, thereby reducing volatility of earnings or protecting fair values of assets and liabilities. It is the Company's policy to enter into foreign currency derivative transactions only to the extent considered necessary to meet its objectives as stated above.
	The Company entered into certain foreign exchange forward contracts designated as fair value hedges to protect the value of its existing foreign currency liabilities and firm commitments. For derivative instruments with the notional amount of $56.6 million that were designated and qualify as fair value hedges, the Company recognized gains on the derivative instruments of $2.3 million, as well as offsetting foreign currency losses on the hedged item in its condensed consolidated statement of income for the three months ended March 31, 2014. In addition, during the three months ended March 31, 2014, the Company entered into short-term non-designated hedges with the notional amount of $103.4 million to mitigate its exposure related to US-dollar denominated payments and recognized foreign currency gains of $0.5 million on derivative instruments in its condensed consolidated statement of income for the three months ended March 31, 2014.
	Purchase commitments
	The table below summarizes information with respect to the Company's commitments as of March 31, 2014:
		Total		Through		2015		2016		2017		2018		2019
				2014
		(in thousands)
	Acquisition of programming rights	$	234,877	$	182,693	$	43,078	$	9,106	$	—	$	—	$	—
	Transmission and satellite fees		71,126		14,083		17,543		16,705		12,379		5,396		5,020
	Leasehold obligations		40,825		5,205		7,267		7,503		7,783		6,403		6,664
	Network affiliation agreements		8,835		2,244		2,851		1,913		1,687		140		—
	Acquisition of format rights		320		320		—		—		—		—		—
	Cable connections		1,979		1,565		414		—		—		—		—
	Payments for intellectual rights		14,466		1,903		2,684		2,832		2,240		2,347		2,460
	Other contractual obligations		21,304		3,292		4,561		4,475		4,141		4,276		559
	Total	$	393,732	$	211,305	$	78,398	$	42,534	$	28,230	$	18,562	$	14,703
	In addition, in connection with the planned digitalization in Russia and Kazakhstan, the Company may incur additional costs. In March 2013, the Company entered into 10-year transmission agreements with the Russian Television and Radio Network ("RTRS"). Under the terms of these agreements, RTRS will provide to CTC and Domashny all services required for the channels to broadcast their signals in digital format throughout Russia to approximately 141.6 million viewers. The specific services, coverage and equipment to be provided by RTRS will be agreed by the parties on an annual basis pursuant to a rollout plan forming a part of the principal agreement between the parties. The agreements terminate on March 31, 2023. In 2013, the amount payable to RTRS by the CTC and Domashny channels combined was approximately $1.2 million. The Company estimates that fees payable to RTRS for 2014 will be approximately $25 million for its CTC and Domashny channels in aggregate. Governmental authorities have indicated that each channel participating in the second multiplex will be expected to pay up to $26 million annually in transmission fees after the rollout. In addition, the Company expects to continue incurring analog transmission costs during the analog-to-digital transition period. In 2013, the Company incurred approximately $24 million of such expenses, excluding payments to RTRS, for all of its channels in aggregate.
	Compliance with Licenses terms
	All broadcast television stations in Russia are required to have broadcasting and other operating licenses. Only a limited number of such licenses are available in each locality. These licenses currently have a standard term of ten years. In addition, the Company holds universal licenses, permitting each of its channels to broadcast through free-to-air, cable and satellite broadcasting, in either digital or analog format.
	A broadcaster must conform its programming to the programming concept outlined in the broadcasting license. In particular, the broadcaster is obliged to ensure the compliance of its programming with the declared genres of the channel and to sustain the volume-genre ratio of broadcasted materials prescribed in the license.
	The broadcasting license of Channel 31 in Kazakhstan contains various restrictions and obligations. Kazakh law currently requires that broadcasters broadcast at least 50% of their programming in the Kazakh language during every six-hour slot.
	The Company may not always be in full compliance with these requirements. Also, the Company's independent affiliates have not always been in full compliance with all the requirements of their licenses or obtained all the licenses necessary for broadcasting. If the terms of a license are not complied with, or if a television station otherwise violates applicable Russian legislation or regulations, the license, after a warning notice from the regulator, may be suspended or terminated (which decision may be appealed in court). If an independent affiliate were to broadcast without all the necessary licenses, broadcasting may be terminated and fines could be imposed. Management believes that the probability of initiation of action against any material owned-and operated station or independent affiliate is remote.
	Legal and Tax Proceedings
	In the ordinary course of business, the Company may be party to various legal and tax proceedings, including tax audits, and subject to claims, certain of which relate to the developing markets and evolving fiscal and regulatory environments in which the Company operates. In the opinion of management, the Company's liability, if any, in all pending litigation, other legal proceedings or other matters, will not have a material effect upon the financial condition, results of operations or liquidity of the Company.

SEGMENT_INFORMATION

SEGMENT INFORMATION	3 Months Ended
	Mar. 31, 2014
SEGMENT INFORMATION	'
SEGMENT INFORMATION	'
	10. SEGMENT INFORMATION
	The Company's three Russia-based television channels (CTC, Domashny and Peretz) and Channel 31 in Kazakhstan represent the Company's reportable segments. Each channel includes operating results of its network, which is responsible for broadcasting operations, including sales of its network's advertising, licensing and commissioning of programming, producing its programming schedule and managing its relationships with its independent affiliates, and the respective owned-and-operated stations that distribute the network's signal.
	The Company's other less significant operating segments are included along with headquarters' operations in the "All Other" category for financial reporting purposes. The Company evaluates performance based on the operating results of each segment, among other performance measures.
		Three months ended March 31, 2013
		Operating		Intersegment			Operating			Identifiable			Depreciation			Programming
		revenue		revenue			income/			assets			and			expenses
		from					(loss)						amortization
		external
		customers
	CTC Channel	$	138,832	$	412		$	41,950		$	601,510		$	(2,334	)	$	(64,162	)
	Domashny Channel		29,479		101			4,105			115,981			(1,981	)		(14,960	)
	Peretz Channel		20,551		—			1,069			156,667			(3,073	)		(8,978	)
	Channel 31		4,154		—			(454	)		21,776			(737	)		(2,763	)
	All Other		2,271		161			(4,486	)		105,197			(340	)		(229	)
	Business segment results	$	195,287	$	674		$	42,184		$	1,001,131		$	(8,465	)	$	(91,092	)
	Eliminations		—		(674	)		—			(53,656	)		—			—
	Consolidated results	$	195,287		—		$	42,184		$	947,475		$	(8,465	)	$	(91,092	)
		Three months ended March 31, 2014
		Operating		Intersegment			Operating			Identifiable			Depreciation			Programming
		revenue		revenue			income/			assets			and			expenses
		from					(loss)						amortization
		external
		customers
	CTC Channel	$	132,884	$	276		$	39,690		$	626,906		$	(2,309	)	$	(58,166	)
	Domashny Channel		28,080		29			6,521			100,311			(1,823	)		(11,881	)
	Peretz Channel		18,956		2			3,625			131,270			(2,676	)		(6,272	)
	Channel 31		3,812		—			(28	)		21,170			(658	)		(2,141	)
	All Other		2,515		23			(1,669	)		70,705			(366	)		(118	)
	Business segment results	$	186,247	$	330		$	48,139		$	950,362		$	(7,832	)	$	(78,578	)
	Eliminations		—		(330	)		—			(45,912	)		—			—
	Consolidated results		186,247		—		$	48,139		$	904,450		$	(7,832	)	$	(78,578	)

SUBSEQUENT_EVENTS

SUBSEQUENT EVENTS	3 Months Ended
	Mar. 31, 2014
SUBSEQUENT EVENTS	'
SUBSEQUENT EVENTS	'
	11. SUBSEQUENT EVENTS
	On April 29, 2014, the Company's Board declared a dividend of $0.175 per outstanding share of common stock, or approximately $27.3 million in total, which will be paid on or about June 30, 2014 to shareholders of record as of June 16, 2014; provided however, that any dividend payable to Telcrest will be blocked pursuant to OFAC regulations related to US sanctions described in Note 4, while either Bank Rossiya or LLC IC Abros remain an SDN. The Company's Board currently intends to pay further dividends in each of the following quarters of 2014. Although it is the Board's current intention to declare and pay further dividends in the remaining quarters of 2014, there can be no assurance that such additional dividends will in fact be declared and paid. Any such declaration is at the discretion of the Board and will depend upon factors such as Company's earnings, financial position and cash requirements.

BASIS_OF_PRESENTATION_AND_SUMM1

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
	Mar. 31, 2014
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	'
Basis of Presentation	'
	Basis of Presentation
	The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been recorded. Operating results for the three months ended March 31, 2014 are not necessarily indicative of the results that may be expected for the year ending December 31, 2014.
	The condensed consolidated balance sheet at December 31, 2013 has been derived from the audited consolidated financial statements at that date but does not include all of the information and footnotes required by U.S. generally accepted accounting principles for the complete financial statements.
	For further information, refer to the consolidated financial statements and footnotes thereto included in the Company's Annual Report on Form 10-K as of and for the year ended December 31, 2013.
Principles of Consolidation	'
	Principles of Consolidation
	Wholly owned subsidiaries and majority owned ventures where the Company has operating and financial control, as well as variable interest entities where the Company has been deemed the primary beneficiary with power and ability to control, are consolidated. Those ventures where the Company exercises significant influence, but does not exercise operating and financial control, are accounted for under the equity method. The Company uses the purchase method of accounting for all business combinations. Results of subsidiaries acquired and accounted for under the purchase method are included in operations from the date of acquisition. Noncontrolling interests represent a noncontrolling shareholder's proportionate share of the equity in certain of the Company's consolidated entities. Intercompany accounts and transactions are eliminated upon consolidation. Disposals are reflected at the time risks and rewards of ownership have been transferred.
	The Company is the primary beneficiary of the Channel 31 Group, a variable interest entity consisting of a 20% participation interest in Teleradiokompaniya 31st Kanal LLP ("Channel 31"), and a 70% and 60% interest in Prim LLP and Advertising and Marketing LLP, respectively, which provide programming content and the advertising sales function to Channel 31 (together, the "Channel 31 Group"). These interests provide the Company with a right to 60% of the economic interest of the Channel 31 Group. The Company consolidates the Channel 31 Group. As of March 31, 2014, the Channel 31 Group had assets (excluding intercompany assets) totaling $21,085 and liabilities (excluding intercompany liabilities) totaling $7,883. These assets and liabilities primarily relate to broadcasting licenses, trade payables for programming rights, loans and related deferred tax assets and liabilities. The Company finances the Channel 31 Group's operations during the ordinary course of business. Channel 31 Group's net loss attributable to CTC Media, Inc. stockholders excluding intercompany expenses totaled $585 for the three months ended March 31, 2014.
Use of Estimates	'
	Use of Estimates
	The preparation of financial statements in conformity with the accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Significant estimates in the financial statements include, among others, the estimate of fair values in business combinations, estimates of the fair value of the Company's common stock in determining stock- based compensation, the amortization method and periods for programming rights, useful lives of tangible and intangible assets, impairment of goodwill, valuation of intangible assets and long-lived assets, estimates of contingencies, estimates of income taxes in relation to Company's interpretation of current tax laws, in particular, in determination of foreign tax credits, determination of valuation allowances for deferred tax assets, and possible outcomes of current and future audits conducted by foreign and domestic tax authorities. While the Company believes it has made, and continues to make, reasonable judgments in determining its tax filing positions in each jurisdiction in which it is subject to tax, views may differ as to the determination of its tax obligations. These judgments may ultimately be subjected to examination by the tax authorities and further revisions may be required in the Company's estimates. The Company bases its estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making changes in estimates from time to time, and evaluates the estimates on an ongoing basis. Actual results may differ from those estimates under different assumptions or conditions.
Revenue Recognition	'
	Revenue Recognition
	Revenue is recognized when there is persuasive evidence of an arrangement, services have been rendered, the price is fixed or determinable and collectability is reasonably assured. An allowance for doubtful accounts is maintained for estimated losses resulting from the customers' inability to make payments. The Company recognizes advertising revenues at the moment when the advertising is broadcast and net of Value Added Taxes ("VAT").
	The Company's own sales house serves as the exclusive advertising sales agent for substantially all advertising broadcast on all of its channels in Russia, and the advertising is placed with advertisers and their agencies under direct sales arrangements with them. The sales house is primarily responsible for all national and regional advertising sales, with the exception of advertising sales to local clients of a number of the Company's regional stations, which are made through Video International.
	The Company's cooperation model with Video International also provides for the licensing of specialized advertising software by Video International to the Company's sales house, together with the provision by Video International of related software maintenance and analytical support and consulting services. Compensation expenses payable to Video International for the use of advertising software, related maintenance and analytical support and consulting services are included in selling, general and administrative expenses in the Company's consolidated statement of income.
	The Company recognizes its Russian advertising revenues, excluding regional advertising revenues from local clients, based on the gross amounts billed to the advertisers and their agencies under direct sales arrangements. Advertising sales to local clients under the agency agreements with Video International continue to be recognized net of agency commissions.
	Sublicensing revenues primarily represent revenues the Company earns from sublicensing its rights to programming and from licensing of internally-produced programming. Sublicensing revenue is recognized at such time as there is persuasive evidence that a sale or arrangement with a customer exists, the underlying programming is complete and has been transferred to the customer, the licensing period has commenced and the customer can begin use, the arrangement fee is fixed or determinable, and collection of the arrangement fee is reasonably assured.
	Payments received in advance for advertising and other revenue are recorded as deferred revenue until earned.
Programming rights	'
	Programming rights
	Programming rights are stated at the lower of their unamortized cost or net realizable value. The Company reports an asset and liability for the rights acquired and obligations incurred at the commencement of the licensing period when the cost of the programming is known or reasonably determinable, the program material has been accepted and the programming is available for airing.
	The Company's programming rights also include internally produced programming. The cost of such programming includes expenses related to the acquisition of format rights, direct costs associated with production and capitalized overhead. The Company capitalizes production costs, including costs of individuals or departments with exclusive or significant responsibility for the production of programming that can be allocated to such particular programming, as a component of programming costs. Internally-produced programming is reported at the lower of unamortized cost or fair value.
	Purchased program rights are classified as current or non-current assets based on anticipated usage and the licensing period. Internally produced and purchased programming with unlimited rights are classified as non-current.
	The Company amortizes programming based on expected revenue generation patterns, based on the proportion that current estimated revenues bear to the estimated remaining total lifetime revenues. If the initial airing of content allowed by a license is expected to provide more value than subsequent airings, the Company applies an accelerated method of amortization. These accelerated methods of amortization depend on the estimated number of runs the content is expected to receive, and are determined based on a study of historical results for similar programming. For content that is expected to be aired only once, the entire cost is recognized as an expense on the first run. To the extent that the revenues the Company expects to earn from broadcasting a program are lower than the book value, the program rights are written down to their net realizable value by way of recording an additional amortization charge. Such write-downs establish a new cost basis for programming rights.
Amortizable Long-Lived Assets	'
	Amortizable Long-Lived Assets
	Amortizable assets are stated at cost less accumulated amortization. Definite-lived intangible assets primarily represent broadcast licenses and cable network connections. Cable network connections are amortized on a straight-line basis over their estimated period of future economic benefit, approximately until 2018.
	As a result of developments in the transition to digital broadcasting, the Company changed its estimate of the useful lives of its broadcasting licenses from indefinite to finite in the fourth quarter of 2012. The Company is amortizing the remaining balances of its broadcasting licenses on a straight-line basis over each broadcasting license's estimated remaining useful life, originally estimated in the range of 2.75 to 5.75 years, depending on the region. In April 2014, the Ministry of Communications and Mass Media announced that current timelines for switching off analog broadcasting will be extended to the end of 2018. As a result, the Company will change its estimate of the remaining economic lives of its analog broadcasting licenses in the second quarter of 2014. The Company estimates that the amortization charge for its broadcasting licenses will be approximately $7.1 million for the remainder of 2014 and $10.6 million annually from 2015 through 2018. The estimated useful lives of broadcasting licenses is subject to the availability of further information about the transition to digital broadcasting which could require the Company to revise amortization expense on a prospective basis.
	Amortizable assets, including property and equipment and finite-lived intangibles, are reviewed periodically to determine whether an event or change in circumstances indicates that the carrying amount of the asset may not be recoverable. For long-lived assets to be held and used, the Company bases its evaluation on such impairment indicators as the nature of the assets, the future economic benefit of the assets and any historical or future profitability measurements, as well as other external market conditions or factors that may be present. If such impairment indicators are present or other factors exist that indicate that the carrying amount of the asset may not be recoverable, the Company determines whether impairment has occurred through the use of an undiscounted cash flows analysis of assets at the lowest level for which identifiable cash flows exist. If the carrying value of the asset or group of assets exceeds the undiscounted cash flows, impairment is deemed to have occurred, and the Company recognizes an impairment loss for the difference between the carrying amount and the estimated fair value of the asset. The fair value of the asset is estimated using a discounted cash flow analysis or other valuation techniques.
Fair Value Measurements	'
	Fair Value Measurements
	Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. The fair value hierarchy contains three levels as follows:
	Level 1—Unadjusted quoted prices that are available in active markets for the identical assets or liabilities at the measurement date.
	Level 2—Other observable inputs available at the measurement date, other than quoted prices included in Level 1, either directly or indirectly, including: (1) quoted prices for similar assets or liabilities in active markets; (2) quoted prices for identical or similar assets in non-active markets; (3) inputs other than quoted prices that are observable for the asset or liability; and (4) inputs that are derived principally from or corroborated by other observable market data.
	Level 3—Unobservable inputs that cannot be corroborated by observable market data and reflect the use of significant management judgment. These values are generally determined using pricing models for which the assumptions utilize management's estimates of market participant assumptions.
	There were no transfers between categories during the periods presented.
	The fair values of the Company's derivative assets of $2,476 and derivative liabilities of $2,755 have been classified as Level 2. The fair value of the Company's foreign exchange forward contracts is determined based on the present value of future cash flows using market-based observable inputs such as forward rates, discounts rates and foreign currency exchange rates. Counterparty credit risk did not have a material impact on derivative fair value estimates. The Company's derivative instruments are short-term in nature, primarily one month to one year in duration.
	The carrying amounts of the Company's financial instruments, which include cash and cash equivalents, short-term investments, accounts receivable and accounts payable approximate their fair value as of December 31, 2013 and March 31, 2014, respectively.
Goodwill Impairment Test	'
	Goodwill Impairment Test
	The Company assesses the carrying value of its goodwill on an annual basis, or more frequently if events or changes in circumstances indicate that such carrying value may not be recoverable. Other than its annual review, factors the Company considers important which could trigger an impairment review include under-performance of reporting units or changes in projected results, changes in the manner of utilization of the asset, a severe and sustained decline in the price of the Company's shares and negative market conditions or economic trends. For a discussion of methodology and major assumptions regarding the Company's impairment test refer to the Annual Report on Form 10-K filed with the SEC on March 6, 2014.
	The planned transition to digital broadcasting could impact the Company's assumptions used in its economic models and its assessment of the fair value of its reporting units. In December 2012, the CTC and Domashny channels were selected in a public tender for inclusion in the second digital multiplex; Peretz channel was not selected. Given the terms and fees associated with participation in the second multiplex, the Company expects to encounter certain risks and uncertainties in the execution of each of CTC and Domashny channels' business models. It is difficult to predict accurately how the digitalization of broadcasting may affect the market. While digital broadcasting would increase CTC's and Domashny's overall technical penetration, the necessary investments for digital migration may not be fully monetized. Currently, the Company believes the most significant of these uncertainties relate to the Company's overall operating costs during (and following) the transition to digital broadcasting.
	In addition, uncertainty exists about Peretz's technical penetration and its impact on advertising revenues after the end of analog broadcasting. The fair value of the Peretz reporting unit is particularly sensitive to changes in revenues and costs that may result depending on its distribution model after the end of analog broadcasting. Currently, the terms for participation in the third digital multiplex have not been specified. In addition, current Russian legislation does not provide 'must carry' obligations for cable and satellite operators, and accordingly the Company may be unable to secure or maintain carriage of its signal over cable in certain regions, or at transmission rates that are consistent with its historical experience. As a result, there can be no assurance that the Company will be able to negotiate mutually acceptable transmission agreements with cable providers in the future relating to the carriage of the Peretz signal. Depending on further information about the terms of the transition to digital broadcasting, terms of interaction with cable and satellite providers, and other future developments, the Company may need to further revise its projected cash flows, which could adversely impact the fair value of its reporting units and related goodwill.
	There may be other risks and expenses that the Company encounters during and subsequent to the transition that the Company is unable to anticipate at this time that could be material to its future financial position and results of operations. While the models used in the Company's assessments of its reporting units in its impairment testing incorporate changes in assumptions of revenues and costs, as well as risks associated with those uncertainties, depending on further information about the terms of the transition to digital broadcasting, as well as other future developments, the Company may need to further revise its projected cash flows, which could adversely impact the fair value of its reporting units and related goodwill. Subject to the availability of further information from the government and market participants, and the Company's ability to make further assessments of the government's plans, additional impairments may be required in the foreseeable future.
	In addition, uncertainty remains concerning global economic stability in the medium-term. Any significant continuation or worsening of the current economic instability, including as a result of geopolitical developments or related economic sanctions, could result in decreases in the fair values of goodwill and require the Company to record additional impairment losses that could have a material adverse impact on its net income.
	As of March 31, 2014, currently available information regarding the TV advertising markets in which the Company operates and management's current assessment of factors that could impact the Company's future cash flows in connection with the anticipated digitalization indicated that no downward revisions to the Company's internal cash flow projections are required. There were no indicators of additional impairment for the Company's goodwill or long-lived assets, and the Company was not required to record any additional impairment charges.
	The Company considers all current information in determining the need for or calculating the amount of any impairment charges; however, future changes in events or circumstances could result in decreases in the fair values of its intangible assets and goodwill.
Stock-based compensation expense	'
	Stock-based compensation expense
	The Company estimates the fair value of equity awards at the date of grant using the Black-Scholes option pricing model. The Black-Scholes pricing model was originally developed for use in estimating the fair value of traded options, which have different characteristics than the Company's employee equity awards. The model is also sensitive to changes in subjective assumptions, which can materially affect the fair value estimate. These subjective assumptions include expected volatility, the expected life of the awards, future employee turnover rates, and future employee award exercise behavior. The Company determines the fair value of its common stock by using closing prices as quoted on the NASDAQ Global Select Market. Performance-based nonvested share awards require management to make assumptions regarding the likelihood of achieving the set goals.
	Once the Company has estimated the fair value of the equity instruments, it recognizes this estimated cost as stock-based compensation expense over the service period. Equity-based incentive awards that meet liability accounting criteria are remeasured at each reporting date at their fair value until settlement. The fair value of such unsettled equity-based incentive awards is recognized in liabilities.
Tax provisions and valuation allowance for deferred tax assets	'
	Tax provisions and valuation allowance for deferred tax assets
	Deferred income taxes result from temporary differences between the tax bases of assets and liabilities and the bases as reported in the consolidated financial statements, as well as the tax benefits of net operating loss carry forwards which are expected to be realized. The Company records valuation allowances related to the tax effects of deductible temporary differences and loss carry forwards when, in the opinion of management, it is more likely than not that the respective tax assets will not be realized. Changes in the Company's assessment of the probability of realization of deferred tax assets may affect the Company's effective income tax rate.
	The Company records temporary differences related to investments in its Russian subsidiaries. These temporary differences consist primarily of undistributed earnings that the Company does not plan to permanently reinvest in operations outside the U.S.
	The level of sophistication and expertise with respect to complex tax laws is continually evolving both on the part of tax professionals and the taxing authorities. The Company is a US legal entity with substantially all of its operations outside the US, primarily in Russia. As a result, the Company's tax filing positions in the US are substantially impacted by the Company's interpretation of tax law and how the Company applies it in determining US taxes payable and deferred tax liabilities. While the Company believes it has made, and continues to make, reasonable judgments in determining its tax filing positions in each jurisdiction in which the Company is subject to tax, views may differ as to the determination of its tax obligations. These judgments may ultimately be subjected to examination by the tax authorities and further revisions may be required in the Company's estimates.
New and Recently Adopted Accounting Pronouncements	'
	New and Recently Adopted Accounting Pronouncements
	Effective January 1, 2014, the Company adopted Accounting Standards Update 2013-05, Parent's Accounting for the Cumulative Translation Adjustment upon Derecognition of Certain Subsidiaries or Groups of Assets within a Foreign Entity or of an Investment in a Foreign Entity ("ASU 2013-05"), Accounting Standards Update 2013-07, Liquidation Basis of Accounting ("ASU 2013-07") and Accounting Standards Update 2013-11, Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists ("ASU 2013-11"). The adoption of these amendments did not have a material impact on the Company's condensed consolidated balance sheet or results of operations.

NET_INCOME_PER_SHARE_Tables

NET INCOME PER SHARE (Tables)	3 Months Ended
	Mar. 31, 2014
NET INCOME PER SHARE	'
Components of basic and diluted net income per share	'
		Three months ended March 31,
		2013		2014
	Net income attributable to CTC Media, Inc. stockholders	$	28,588	$	31,216
	Weighted average common shares outstanding—basic
	Common stock		158,160,719		155,710,719
	Dilutive effect of:
	Stock-based awards		10,070		93,212
	Weighted average common shares outstanding—diluted		158,170,789		155,803,931
	Net income per share attributable to CTC Media, Inc. stockholders:
	Basic	$	0.18	$	0.2
	Diluted	$	0.18	$	0.2

CASH_AND_CASH_EQUIVALENTS_AND_1

CASH AND CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS; OTHER NON-CURRENT ASSETS (Tables)	3 Months Ended
	Mar. 31, 2014
CASH AND CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS; OTHER NON-CURRENT ASSETS	'
Schedule of cash and cash equivalents	'
		December 31,			March 31,
		2013			2014
	Cash and cash equivalents:
	Russian ruble bank accounts	$	16,616		$	21,363
	US dollar bank accounts		12,754			12,916
	Other		1,204			3,460
	Total cash and cash equivalents	$	30,574		$	37,739
Schedule of short-term investments	'
		December 31, 2013					March 31, 2014
		Annual interest rate		Amount			Annual interest rate	Amount
	Short-term investments:
	Ruble-denominated deposits	6.3 - 9.0%		$	178,937		7.0 - 9.0%	$	130,663
	US dollar-denominated deposits	0.27%		$	1,400		0.75 - 1.40%	$	30,000
	Total Short-term investments			$	180,337			$	160,663

PROGRAMMING_RIGHTS_NET_Tables

PROGRAMMING RIGHTS, NET (Tables)	3 Months Ended
	Mar. 31, 2014
PROGRAMMING RIGHTS, NET	'
Schedule of programming rights	'
		December 31,			March 31,
		2013			2014
	Internally produced—TV broadcasting:
	Released:
	Historical cost	$	167,182		$	158,311
	Accumulated amortization		(158,996	)		(150,379	)
	Released, net book value		8,186			7,932
	Completed and not released		7,318			4,051
	Total		15,504			11,983
	Acquired rights:
	Historical cost		777,719			748,320
	Accumulated amortization		(499,224	)		(478,307	)
	Net book value		278,495			270,013
	Total programming rights	$	293,999		$	281,996
	Current portion	$	172,197		$	167,510
	Non-current portion	$	121,802		$	114,486

STOCKHOLDERS_EQUITY_Tables

STOCKHOLDERS' EQUITY (Tables)	3 Months Ended
	Mar. 31, 2014
STOCKHOLDERS' EQUITY	'
Schedule of issued and outstanding share capital	'
	Type	December 31,			March 31,
		2013			2014
	Common stock issued		158,210,719			158,210,719
	Less: Common stock held in treasury		(2,500,000	)		(2,500,000	)
	Common stock outstanding		155,710,719			155,710,719
Schedule of dividends declared	'
	Declaration date	Per Share Dividend			Aggregate			Record Date		Payment Date
					Dividend
	March 5, 2014	$	0.175		$	27,249		March 19, 2014		March 28, 2014
Summary of changes in stockholders' equity	'
		Total			CTC Media, Inc.			Noncontrolling
					stockholders			interest
	Stockholders' equity, December 31, 2012	$	762,926		$	758,323		$	4,603
	Net Income		29,434			28,588			846
	Other comprehensive loss		(17,856	)		(17,852	)		(4	)
	Comprehensive income		11,578			10,736			842
	Additional paid-in capital		649			649			—
	Dividends declared		(25,024	)		(23,724	)		(1,300	)
	Stockholders' equity, March 31, 2013	$	750,129		$	745,984		$	4,145
		Total			CTC Media, Inc.			Noncontrolling
					stockholders			interest
	Stockholders' equity, December 31, 2013	$	734,116		$	728,213		$	5,903
	Net income		31,735			31,216			519
	Other comprehensive loss		(65,478	)		(64,714	)		(764	)
	Comprehensive loss		(33,743	)		(33,498	)		(245	)
	Additional paid-in capital		503			503			—
	Disposals of noncontrolling interests		820			—			820
	Dividends declared		(27,273	)		(27,249	)		(24	)
	Stockholders' equity, March 31, 2014	$	674,423		$	667,969		$	6,454

COMMITMENTS_AND_CONTINGENCIES_

COMMITMENTS AND CONTINGENCIES (Tables)	3 Months Ended
	Mar. 31, 2014
COMMITMENTS AND CONTINGENCIES	'
Summary of commitments	'
		Total		Through		2015		2016		2017		2018		2019
				2014
		(in thousands)
	Acquisition of programming rights	$	234,877	$	182,693	$	43,078	$	9,106	$	—	$	—	$	—
	Transmission and satellite fees		71,126		14,083		17,543		16,705		12,379		5,396		5,020
	Leasehold obligations		40,825		5,205		7,267		7,503		7,783		6,403		6,664
	Network affiliation agreements		8,835		2,244		2,851		1,913		1,687		140		—
	Acquisition of format rights		320		320		—		—		—		—		—
	Cable connections		1,979		1,565		414		—		—		—		—
	Payments for intellectual rights		14,466		1,903		2,684		2,832		2,240		2,347		2,460
	Other contractual obligations		21,304		3,292		4,561		4,475		4,141		4,276		559
	Total	$	393,732	$	211,305	$	78,398	$	42,534	$	28,230	$	18,562	$	14,703

SEGMENT_INFORMATION_Tables

SEGMENT INFORMATION (Tables)	3 Months Ended
	Mar. 31, 2014
SEGMENT INFORMATION	'
Schedule of segment information	'
		Three months ended March 31, 2013
		Operating		Intersegment			Operating			Identifiable			Depreciation			Programming
		revenue		revenue			income/			assets			and			expenses
		from					(loss)						amortization
		external
		customers
	CTC Channel	$	138,832	$	412		$	41,950		$	601,510		$	(2,334	)	$	(64,162	)
	Domashny Channel		29,479		101			4,105			115,981			(1,981	)		(14,960	)
	Peretz Channel		20,551		—			1,069			156,667			(3,073	)		(8,978	)
	Channel 31		4,154		—			(454	)		21,776			(737	)		(2,763	)
	All Other		2,271		161			(4,486	)		105,197			(340	)		(229	)
	Business segment results	$	195,287	$	674		$	42,184		$	1,001,131		$	(8,465	)	$	(91,092	)
	Eliminations		—		(674	)		—			(53,656	)		—			—
	Consolidated results	$	195,287		—		$	42,184		$	947,475		$	(8,465	)	$	(91,092	)
		Three months ended March 31, 2014
		Operating		Intersegment			Operating			Identifiable			Depreciation			Programming
		revenue		revenue			income/			assets			and			expenses
		from					(loss)						amortization
		external
		customers
	CTC Channel	$	132,884	$	276		$	39,690		$	626,906		$	(2,309	)	$	(58,166	)
	Domashny Channel		28,080		29			6,521			100,311			(1,823	)		(11,881	)
	Peretz Channel		18,956		2			3,625			131,270			(2,676	)		(6,272	)
	Channel 31		3,812		—			(28	)		21,170			(658	)		(2,141	)
	All Other		2,515		23			(1,669	)		70,705			(366	)		(118	)
	Business segment results	$	186,247	$	330		$	48,139		$	950,362		$	(7,832	)	$	(78,578	)
	Eliminations		—		(330	)		—			(45,912	)		—			—
	Consolidated results		186,247		—		$	48,139		$	904,450		$	(7,832	)	$	(78,578	)

BASIS_OF_PRESENTATION_AND_SUMM2

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) (USD $)	3 Months Ended		12 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013
Principles of Consolidation	'	'	'
Net loss attributable to CTC Media, Inc. stockholders excluding intercompany expenses	$31,216	$28,588	'
Percentage of advertising revenue generated in fourth quarter	'	'	31.00%
Channel 31 Group	'	'	'
Principles of Consolidation	'	'	'
Percentage of economic interest owned	60.00%	'	'
Assets (excluding intercompany assets)	21,085	'	'
Liabilities (excluding intercompany liabilities)	7,883	'	'
Net loss attributable to CTC Media, Inc. stockholders excluding intercompany expenses	$585	'	'
Teleradiokompaniya 31st Kanal LLP (Channel 31)	'	'	'
Principles of Consolidation	'	'	'
Percentage of participation interest owned	20.00%	'	'
Prim LLP	'	'	'
Principles of Consolidation	'	'	'
Percentage of participation interest owned	70.00%	'	'
Advertising and Marketing LLP	'	'	'
Principles of Consolidation	'	'	'
Percentage of participation interest owned	60.00%	'	'

BASIS_OF_PRESENTATION_AND_SUMM3

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 2) (Broadcasting licenses, USD $)	Apr. 30, 2014	Mar. 31, 2014	Mar. 31, 2014
In Millions, unless otherwise specified	Subsequent Event	Minimum	Maximum
Amortizable Long-lived Assets	'	'	'
Estimated useful life of amortizable long-lived assets	'	'2 years 9 months	'5 years 9 months
Estimated future amortization charge	'	'	'
Remainder of 2014	$7.10	'	'
2015	10.6	'	'
2016	10.6	'	'
2017	10.6	'	'
2018	$10.60	'	'

BASIS_OF_PRESENTATION_AND_SUMM4

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 3) (Significant Other Observable Inputs (Level 2), USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014
Minimum	'
Fair Value Measurements	'
Maturity period of short-term derivative instruments	'1 month
Maximum	'
Fair Value Measurements	'
Maturity period of short-term derivative instruments	'1 year
Foreign exchange forward contracts | Recurring Basis	'
Fair Value Measurements	'
Derivative assets	2,476
Derivative liabilities	2,755

NET_INCOME_PER_SHARE_Details

NET INCOME PER SHARE (Details) (USD $)	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013
NET INCOME PER SHARE	'	'
Shares excluded from the diluted net income per common share computation because their effect was antidilutive	2,279,166	3,229,904
Net income attributable to CTC Media, Inc. stockholders	$31,216	$28,588
Weighted average common shares outstanding-basic	'	'
Common stock (in shares)	155,710,719	158,160,719
Dilutive effect of:	'	'
Stock-based awards (in shares)	93,212	10,070
Weighted average common shares outstanding-diluted	155,803,931	158,170,789
Net income per share attributable to CTC Media, Inc. stockholders:	'	'
Basic (in dollars per share)	$0.20	$0.18
Diluted (in dollars per share)	$0.20	$0.18

CASH_AND_CASH_EQUIVALENTS_AND_2

CASH AND CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS; OTHER NON-CURRENT ASSETS (Details) (USD $)

Mar. 31, 2014

Dec. 31, 2013

Mar. 31, 2013

Dec. 31, 2012

Mar. 31, 2014

Dec. 31, 2013

Dec. 31, 2013

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Dec. 31, 2013

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Dec. 31, 2013

Mar. 31, 2014

In Thousands, unless otherwise specified

Ruble-denominated deposits

Ruble-denominated deposits

US dollar-denominated deposits

US dollar-denominated deposits

Low end of range

Low end of range

Low end of range

Low end of range

High end of range

High end of range

High end of range

High end of range

Ruble-denominated deposits

Ruble-denominated deposits

US dollar-denominated deposits

Ruble-denominated deposits

Ruble-denominated deposits

US dollar-denominated deposits

CASH AND CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS; OTHER NON-CURRENT ASSETS

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Deposits in banks with original maturity period for classification as short-term investments

'

'

'

'

'

'

'

'

'91 days

'

'

'

'365 days

'

'

'

Bank accounts

'

'

'

'

$21,363

$16,616

$12,754

$12,916

'

'

'

'

'

'

'

'

Other

3,460

1,204

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total cash and cash equivalents

37,739

30,574

15,400

55,181

'

'

'

'

'

'

'

'

'

'

'

'

Short-term investments

$160,663

$180,337

'

'

$130,663

$178,937

$1,400

$30,000

'

'

'

'

'

'

'

'

Annual interest rate (as a percent)

'

'

'

'

'

'

0.27%

'

'

7.00%

6.30%

0.75%

'

9.00%

9.00%

1.40%

CASH_AND_CASH_EQUIVALENTS_AND_3

CASH AND CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS; OTHER NON-CURRENT ASSETS (Details 2) (USD $)	Mar. 20, 2014	Mar. 31, 2014	Mar. 20, 2014
In Thousands, unless otherwise specified		Telcrest Investments Limited	Telcrest Investments Limited
			Maximum
Other non-current assets	'	'	'
Ownership interest (as a percent)	'	'	50.00%
Dividends payable to Telcrest	$6,916	$6,900	'

PROGRAMMING_RIGHTS_NET_Details

PROGRAMMING RIGHTS, NET (Details) (USD $)	3 Months Ended
	Mar. 31, 2014	Dec. 31, 2013
Programming rights, net	'	'
Total programming rights	$281,996,000	$293,999,000
Current portion	167,510,000	172,197,000
Non-current portion	114,486,000	121,802,000
Internally produced-TV broadcasting:	'	'
Programming rights, net	'	'
Historical cost	158,311,000	167,182,000
Accumulated amortization	-150,379,000	-158,996,000
Net book value	7,932,000	8,186,000
Completed and not released	4,051,000	7,318,000
Total programming rights	11,983,000	15,504,000
Expected amortization expense during the next twelve months	5,000,000	'
Remaining amortization period	'3 years	'
Acquired rights:	'	'
Programming rights, net	'	'
Historical cost	748,320,000	777,719,000
Accumulated amortization	-478,307,000	-499,224,000
Net book value	$270,013,000	$278,495,000

STOCKHOLDERS_EQUITY_Details

STOCKHOLDERS' EQUITY (Details) (USD $)	0 Months Ended		3 Months Ended		12 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 28, 2014	Mar. 05, 2014	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013	Mar. 20, 2014	Mar. 04, 2013
			VotePerShare
STOCKHOLDERS' EQUITY	'	'	'	'	'	'	'
Common stock issued (in shares)	'	'	158,210,719	'	158,210,719	'	'
Less: Common stock held in treasury (in shares)	'	'	-2,500,000	'	-2,500,000	'	'
Common stock outstanding (in shares)	'	'	155,710,719	'	155,710,719	'	'
Open-market stock repurchase program, shares authorized for purchase	'	'	'	'	'	'	2,500,000
Number of shares repurchased	'	'	'	'	2,500,000	'	'
Shares repurchase average price (in dollars per share)	'	'	'	'	$11.89	'	'
Shares repurchased	'	'	$29,727	'	$29,727	'	'
Number of shares of common stock authorized	'	'	175,772,173	'	175,772,173	'	'
Number of votes per common share	'	'	1	'	'	'	'
Dividends declared and paid	'	'	'	'	'	'	'
Dividends declared per share (in dollars per share)	'	$0.18	$0.18	$0.15	'	'	'
Dividends paid per share (in dollars per share)	'	$0.18	'	'	'	'	'
Dividends payable to Telcrest	'	'	'	'	'	6,916	'
Changes in stockholders' equity	'	'	'	'	'	'	'
Stockholders' equity balance at the beginning of the period	'	'	734,116	762,926	762,926	'	'
Net Income	'	'	31,735	29,434	'	'	'
Other comprehensive loss	'	'	-65,478	-17,856	'	'	'
Comprehensive income (loss)	'	'	-33,743	11,578	'	'	'
Additional paid-in-capital	'	'	503	649	'	'	'
Disposals of noncontrolling interests	'	'	820	'	'	'	'
Dividends declared	'	'	-27,273	-25,024	'	'	'
Stockholders' equity balance at the end of the period	'	'	674,423	750,129	734,116	'	'
Dividends declared	'	27,249	'	'	'	'	'
Dividends paid	27,249	'	20,333	17,786	'	'	'
MTG	'	'	'	'	'	'	'
Changes in stockholders' equity	'	'	'	'	'	'	'
Dividends declared	'	'	10,494	'	'	'	'
Dividends paid	'	'	10,494	'	'	'	'
CTC Media, Inc. stockholders	'	'	'	'	'	'	'
Changes in stockholders' equity	'	'	'	'	'	'	'
Stockholders' equity balance at the beginning of the period	'	'	728,213	758,323	758,323	'	'
Net Income	'	'	31,216	28,588	'	'	'
Other comprehensive loss	'	'	-64,714	-17,852	'	'	'
Comprehensive income (loss)	'	'	-33,498	10,736	'	'	'
Additional paid-in-capital	'	'	503	649	'	'	'
Dividends declared	'	'	-27,249	-23,724	'	'	'
Stockholders' equity balance at the end of the period	'	'	667,969	745,984	'	'	'
Noncontrolling interest	'	'	'	'	'	'	'
Changes in stockholders' equity	'	'	'	'	'	'	'
Stockholders' equity balance at the beginning of the period	'	'	5,903	4,603	4,603	'	'
Net Income	'	'	519	846	'	'	'
Other comprehensive loss	'	'	-764	-4	'	'	'
Comprehensive income (loss)	'	'	-245	842	'	'	'
Disposals of noncontrolling interests	'	'	820	'	'	'	'
Dividends declared	'	'	-24	-1,300	'	'	'
Stockholders' equity balance at the end of the period	'	'	$6,454	$4,145	'	'	'

STOCKBASED_COMPENSATION_Detail

STOCK-BASED COMPENSATION (Details) (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Mar. 31, 2014	Mar. 31, 2014	Dec. 31, 2013
			Restricted stock units	Restricted stock units	Restricted stock units
				2013 Plan	2013 Plan
Stock-based compensation	'	'	'	'	'
Shares granted during the period with approved performance criteria for 2013	'	'	'	'	637,800
Weighted average per unit grant date fair value (in dollars per share)	'	'	'	'	$10.53
Stock-based compensation expense recognized	($1,507,000)	$1,338,000	'	$500,000	'
Compensation cost related to unvested granted awards not yet recognized	'	'	'	7,800,000	'
Compensation cost related to RSU for which performance criteria for 2014 and following years are not set	'	'	'	$7,300,000	'
Weighted average period of recognition of unrecognized compensation cost related to nonvested awards	'	'	'3 years	'	'
Granted (in shares)	'	'	700,000	'	'

INCOME_TAX_Details

INCOME TAX (Details)	3 Months Ended		12 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013
INCOME TAX	'	'	'
Russian withholding tax under the Treaty, on dividends distributed to CTC Media, Inc. (as a percent)	5.00%	'	'
Russian withholding tax on dividends distributed within the country (as a percent)	9.00%	'	'
Maximum percentage of ownership interest in subsidiary which Russian companies are required to hold to qualify for withholding tax exemption	50.00%	'	'
Minimum period for which Russian companies are required to hold ownership interest in subsidiary to qualify for withholding tax exemption	'365 days	'	'
Russian statutory income tax rate (as a percent)	20.00%	'	20.00%
Kazakh statutory income tax rate (as a percent)	20.00%	'	20.00%
Effective income tax rate (as a percent)	31.00%	36.00%	'

COMMITMENTS_AND_CONTINGENCIES_1

COMMITMENTS AND CONTINGENCIES (Details) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2014
Exchange rate	'
Percentage of appreciation or depreciation of Russian ruble against US dollar	8.00%
Change in average percentage of the average value of the Russian Ruble against the US Dollar against corresponding prior period	13.00%
Foreign exchange forward contracts	'
Effect of derivative financial instruments designated as fair value hedges on consolidated statement of income	'
Foreign currency gains (losses) designated as hedging instruments	2.3
Effect of outstanding economic hedges	'
Foreign currency gains not designated as hedging instruments	0.5
Nondesignated hedges | Foreign exchange forward contracts | Foreign currency	'
Derivative Financial instruments	'
Notional amount	103.4
Designated hedges | Foreign exchange forward contracts	'
Derivative Financial instruments	'
Notional amount	56.6

COMMITMENTS_AND_CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES (Details 2) (USD $)

3 Months Ended

1 Months Ended

12 Months Ended

Mar. 31, 2014

Mar. 31, 2013

Dec. 31, 2013

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Mar. 31, 2014

Broadcasting licenses, indefinite lived

Broadcasting licenses, indefinite lived

Broadcasting licenses, indefinite lived

Minimum

Acquisition of programming rights

Transmission and satellite fees

Leasehold obligations

Network affiliation agreements

Acquisition of format rights

Cable connections

Payments for intellectual rights

Other contractual obligations

Broadcasting licenses

Broadcasting licenses

Broadcasting licenses

Item

Purchase commitments

'

'

'

'

'

'

'

'

'

'

'

'

'

Through 2014

$211,305,000

'

'

'

'

$182,693,000

$14,083,000

$5,205,000

$2,244,000

$320,000

$1,565,000

$1,903,000

$3,292,000

2015

78,398,000

'

'

'

'

43,078,000

17,543,000

7,267,000

2,851,000

'

414,000

2,684,000

4,561,000

2016

42,534,000

'

'

'

'

9,106,000

16,705,000

7,503,000

1,913,000

'

'

2,832,000

4,475,000

2017

28,230,000

'

'

'

'

'

12,379,000

7,783,000

1,687,000

'

'

2,240,000

4,141,000

2018

18,562,000

'

'

'

'

'

5,396,000

6,403,000

140,000

'

'

2,347,000

4,276,000

2019

14,703,000

'

'

'

'

'

5,020,000

6,664,000

'

'

'

2,460,000

559,000

Total

393,732,000

'

'

'

'

234,877,000

71,126,000

40,825,000

8,835,000

320,000

1,979,000

14,466,000

21,304,000

Period of transmission agreements with the Russian television and radio network (RTRS), a transmission provider

'

'10 years

'

'

'

'

'

'

'

'

'

'

'

Number of viewers in Russia

'

141,600,000

'

'

'

'

'

'

'

'

'

'

'

Agreement fees payable

'

'

1,200,000

'

'

'

'

'

'

'

'

'

'

Agreement fees payable for 2014

'

'

'

25,000,000

'

'

'

'

'

'

'

'

'

Annual transmission fees per channel after the rollout

26,000,000

'

'

'

'

'

'

'

'

'

'

'

'

Analog-to-digital transmission expenses

'

'

$24,000,000

'

'

'

'

'

'

'

'

'

'

Compliance with Licenses terms

'

'

'

'

'

'

'

'

'

'

'

'

'

Broadcast Licenses term

'10 years

'

'

'

'

'

'

'

'

'

'

'

'

Percentage of programming in the Kazakh language during every six-hour slot

'

'

'

'

50.00%

'

'

'

'

'

'

'

'

SEGMENT_INFORMATION_Details

SEGMENT INFORMATION (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013
	Item
Segment information	'	'	'
Number of Russian-based television channels	3	'	'
Operating revenue from external customers	$186,247	$195,287	'
Operating income / (loss)	48,139	42,184	'
Identifiable assets	904,450	947,475	970,976
Depreciation and amortization	-7,832	-8,465	'
Programming expenses	-78,578	-91,092	'
Business segment results	'	'	'
Segment information	'	'	'
Operating revenue from external customers	186,247	195,287	'
Intersegment revenue	330	674	'
Operating income / (loss)	48,139	42,184	'
Identifiable assets	950,362	1,001,131	'
Depreciation and amortization	-7,832	-8,465	'
Programming expenses	-78,578	-91,092	'
Business segment results | CTC Channel	'	'	'
Segment information	'	'	'
Operating revenue from external customers	132,884	138,832	'
Intersegment revenue	276	412	'
Operating income / (loss)	39,690	41,950	'
Identifiable assets	626,906	601,510	'
Depreciation and amortization	-2,309	-2,334	'
Programming expenses	-58,166	-64,162	'
Business segment results | Domashny Channel	'	'	'
Segment information	'	'	'
Operating revenue from external customers	28,080	29,479	'
Intersegment revenue	29	101	'
Operating income / (loss)	6,521	4,105	'
Identifiable assets	100,311	115,981	'
Depreciation and amortization	-1,823	-1,981	'
Programming expenses	-11,881	-14,960	'
Business segment results | Peretz Channel	'	'	'
Segment information	'	'	'
Operating revenue from external customers	18,956	20,551	'
Intersegment revenue	2	'	'
Operating income / (loss)	3,625	1,069	'
Identifiable assets	131,270	156,667	'
Depreciation and amortization	-2,676	-3,073	'
Programming expenses	-6,272	-8,978	'
Business segment results | Channel 31	'	'	'
Segment information	'	'	'
Operating revenue from external customers	3,812	4,154	'
Operating income / (loss)	-28	-454	'
Identifiable assets	21,170	21,776	'
Depreciation and amortization	-658	-737	'
Programming expenses	-2,141	-2,763	'
Business segment results | All Other	'	'	'
Segment information	'	'	'
Operating revenue from external customers	2,515	2,271	'
Intersegment revenue	23	161	'
Operating income / (loss)	-1,669	-4,486	'
Identifiable assets	70,705	105,197	'
Depreciation and amortization	-366	-340	'
Programming expenses	-118	-229	'
Eliminations	'	'	'
Segment information	'	'	'
Intersegment revenue	-330	-674	'
Identifiable assets	($45,912)	($53,656)	'

SUBSEQUENT_EVENTS_Details

SUBSEQUENT EVENTS (Details) (USD $)	Mar. 20, 2014	Apr. 29, 2014
In Thousands, except Per Share data, unless otherwise specified		Subsequent Event
		Dividend declared
SUBSEQUENT EVENTS	'	'
Dividend declared (in dollars per share)	'	$0.18
Dividend Payable Amount	$6,916	$27,300