Related party transactions and balances (Tables)

12 Months Ended

Dec. 31, 2014

(a) Related party transactions

For the years ended December 31, 2014 and 2013, the Company entered into certain transactions with its related parties. Management believes that these related party transactions were conducted at normal commercial terms. For the years presented, material related party transactions are summarized as follows for the years ended December 31, 2014 and 2013:


				For the Years Ended December 31,
	Note			2014		2013
Costs of leases of advertising spaces		(i	)	$	375	$	166
Purchase of lease agreements		(ii	)	$	—	$	2,200

Notes:

(i)	Represents amounts paid / payable to an affiliated entity of Mr. Zhu (Chief Operating Officer of Tiger Yaoyang), for leases of advertising spaces and equipment electricity fee. The transactions are conducted on terms comparable to the terms of similar transactions with third parties.

(ii)	Represents 0.41 million Tiger Media common shares issued to acquire eight key lease agreements from an affiliated entity of Mr. Zhu.

Schedule of Amounts Due from Related Parties

(b) Amounts due from related parties


				As of December 31,
	Note			2014		2013
Prepayment for leases of advertising space		(i	)	$	—	$	40

Note:

(i)	Represents prepayment to an affiliated entity of senior management personnel of the Company, for leases of advertising spaces.

Schedule of Amounts Due to Related Parties

(c) Amounts due to related parties


				As of December 31,
	Note			2014		2013
Board member fee		(i	)	$	10	$	42
Compensation committee chairman fee		(ii	)		1		1
Audit committee chairman fee		(iii	)		5		30
Payables for the lease of advertising spaces		(iv	)		40		—
Operating expenses paid on behalf of the Company		(v	)		9		—


				$	65	$	73

Notes:

(i)	Represents board member fees due to certain board members of the Company.

(ii)	Represents compensation committee chairman fees to certain board members of the Company.

(iii)

Represents audit committee chairman fees to certain board members of the Company.

(iv)	Represents operating lease payments payable to an affiliated entity of Mr. Zhu, for leases of advertising spaces.

(v)	Represents operating expenses paid by an affiliated entity of Mr. Zhu. The amounts are interest free and unsecured.