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$ 79,370

$ 56,226

Accounts receivable (net of allowances of $3,252 and $2,839 as of December 31, 2015 and 2016, respectively)

30,390

122,316

Short-term investments

410

2,619

4,702

4,044

Financing receivable (net of allowances of $3,556 and $15,067 as of December 31, 2015 and 2016, respectively; including $nil and $73,549 from the Plans(i) as of December 31, 2015 and 2016, respectively)

^[1]

301,773

144,457

20,749

50,321

Current assets held for sale

13,419

16,484

7,471

Total current assets

450,813

403,938

Long-term financing receivable (net of allowances of $27 and $47 as of December 31, 2015 and 2016, respectively)

330

15,273

28,666

33,289

Long-term investments

695,348

810,990

Non-current assets held for sale

1,687

2,313

2,030

Accounts payable (including accounts payable of the consolidated VIEs without recourse to Renren Inc. of $4,914 and $5,423 as of December 31, 2015 and 2016, respectively)

1,176,844

1,267,833

Current liabilities:

5,561

5,031

Short-term debt (including short-term debt of the consolidated VIEs without recourse to Renren Inc. of $6,919 and $7,202 as of December 31, 2015 and 2016, respectively)

37,202

106,919

Accrued expenses and other current liabilities (including accrued expenses and other current liabilities of the consolidated VIEs without recourse to Renren Inc. of $13,762 and $11,277 as of December 31, 2015 and 2016, respectively; including accrued expenses and other current liabilities of the Plans without recourse to Renren Inc. of $nil and $4 as of December 31, 2015 and 2016, respectively)

19,781

29,731

Payable to investors (including payable to investors of the consolidated VIEs without recourse to Renren Inc. of $46,219 and $182,810 as of December 31, 2015 and 2016, respectively; including payable to investors of the Plans without recourse to Renren Inc. of $nil and $141 as of December 31, 2015 and 2016, respectively)

182,951

48,893

Amounts due to related parties (including amount due to a related party of the consolidated VIEs without recourse to Renren Inc. of $36 and $222 as of December 31, 2015 and 2016, respectively)

10,914

Deferred revenue and advance from customers (including deferred revenue and advance from customers of the consolidated VIEs without recourse to Renren Inc. of $3,670 and $5,804 as of December 31, 2015 and 2016, respectively)

5,954

3,885

Income tax payable (including income tax payable of the consolidated VIEs without recourse to Renren Inc. of $5,652 and $7,163 as of December 31, 2015 and 2016, respectively)

7,860

6,118

Current liabilities held for sale (including current liabilities held for sale of the consolidated VIEs without recourse to Renren Inc. of $7,729 and $nil as of December 31, 2015 and 2016, respectively)

8,138

Total current liabilities

270,223

208,751

Long-term liabilities:

Long-term debt (including long-term debt of the Consolidated VIE's without recourse to Renren Inc. $nil and $nil as of December 31, 2015 and 2016, respectively)

95,390

122,072

Long-term payable to investors (including long-term payable to investors of the Plans without recourse to Renren Inc. of $nil and $59,916 as of December 31, 2015 and 2016, respectively)

59,916

Other non-current liabilities (including other non-current liabilities of the Consolidated VIE's without recourse to Renren Inc. of $nil and $nil as of December 31, 2015 and 2016, respectively)

12,849

7,622

Total non-current liabilities

168,155

129,694

Additional paid-in capital

438,378

338,445

Commitments (Note 20)

Equity:

1,266,592

1,243,083

Accumulated deficit

(542,746)

(357,394)

Statutory reserves

6,712

Accumulated other comprehensive income

6,883

37,124

Total Renren Inc. shareholders' equity

738,466

930,544

Noncontrolling interest

(1,156)

Total equity

738,466

929,388

TOTAL LIABILITIES AND EQUITY

1,176,844

1,267,833

Class A ordinary shares [Member]

Equity:

Ordinary shares

720

714

Class B ordinary shares [Member]

Equity:

Ordinary shares

$ 305

[1]	The Company consolidated Shanghai Renren Finance Leasing Asset-Backed Special Plans (the "Plans"), see Note 1.

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)
$ in Thousands

Dec. 31, 2016

Dec. 31, 2015

Accounts and notes receivable, allowances (in dollars)

$ 2,839

$ 3,252

Financing receivable, allowances (in dollars)

15,067

3,556

Allowances of long-term financing receivable

5,561

5,031

37,202

106,919

19,781

29,731

182,951

48,893

10,914

5,954

3,885

7,860

6,118

Long-term debt to investors

8,138

Long-term debt

95,390

122,072

59,916

Other non-current liabilities

12,849

7,622

Financing Receivable Net Current

^[1]

301,773

144,457

Consolidated Assets Backed Financing Entities [Member]

Long-term debt to investors

141

59,916

Financing Receivable Net Current

73,549

Variable Interest Entity [Member]

5,423

4,914

7,202

6,919

11,277

13,762

182,810

46,219

222

5,804

3,670

7,163

5,652

Long-term debt to investors

7,729

Long-term debt

59,916

Other non-current liabilities

Class A ordinary shares [Member]

Ordinary shares, par value (in dollars per share)

$ 0.001

Ordinary shares, shares authorized

3,000,000,000

Ordinary shares, shares issued

719,651,418

714,365,091

Ordinary shares, shares outstanding

719,651,418

714,365,091

Class B ordinary shares [Member]

Ordinary shares, par value (in dollars per share)

$ 0.001

Ordinary shares, shares authorized

500,000,000

Ordinary shares, shares issued

305,388,450

Ordinary shares, shares outstanding

305,388,450

[1]	The Company consolidated Shanghai Renren Finance Leasing Asset-Backed Special Plans (the "Plans"), see Note 1.

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Net revenues:
Advertising and IVAS	$ 34,047	$ 32,507	$ 46,641
Financing income	29,317	8,604	27
Total net revenues	63,364	41,111	46,668
Cost of revenues:
Cost of revenues	51,767	36,720	34,663
Gross profit	11,597	4,391	12,005
Operating expenses:
Selling and marketing	21,276	30,502	34,593
Research and development	20,750	32,392	42,697
General and administrative	42,584	46,803	48,764
Impairment of goodwill			46,864
Total operating expenses	84,610	109,697	172,918
Loss from operations	73,013	105,306	160,913
Other (expenses) income	12,892	(6,884)	(1,352)
Exchange loss on offshore bank accounts	(4)	(174)	(2,277)
Interest income	919	2,190	12,569
Interest expenses	(12,439)	(2,041)
Realized gain (loss) on short-term investments	552	(98,112)	139,265
Impairment of long-term investments	(102,307)	(4,258)
Loss before provision of income tax and earnings (loss) in equity method investments and noncontrolling interest, net of tax	(173,400)	(214,585)	(12,708)
Income tax expenses	(2,470)	(3,124)	(6,517)
Loss before earnings (loss) in equity method investments and noncontrolling interest, net of tax	(175,870)	(217,709)	(19,225)
Earnings (loss) in equity method investments, net of tax	(18,183)	(5,468)	49,015
Income (loss) from continuing operations	(194,053)	(223,177)	29,790
Discontinued operations:
(Loss) income from the operations of the discontinued operations, net of tax (benefits) expenses of $(321), $944 and $102 for the years ended December 31, 2014, 2015 and 2016, respectively	391	1,520	(27,194)
Gain on deconsolidation of subsidiaries, net of tax of $nil, $nil and $454 for the years ended December 31, 2014, 2015 and 2016, respectively	8,310		489
Gain on disposal of equity method investment, net of tax expenses of $6,027, $nil and $nil for the years ended December 31, 2014, 2015 and 2016, respectively			56,993
Income from discontinued operations, net of tax expenses of $5,706, $944 and $556 for the years ended December 31, 2014, 2015 and 2016, respectively	8,701	1,520	30,288
Net income (loss)	(185,352)	(221,657)	60,078
Net loss attributable to the noncontrolling interest		1,529	382
Net income (loss) from continuing operations attributable to Renren Inc.	(194,053)	(221,648)	30,172
Net income from discontinued operations attributable to Renren Inc.	8,701	1,520	30,288
Net income (loss) attributable to Renren Inc.	$ (185,352)	$ (220,128)	$ 60,460
Net income (loss) per share from continuing operations attributable to Renren Inc. shareholders:
Basic (in dollars per share)	$ (0.19)	$ (0.22)	$ 0.03
Diluted (in dollars per share)	(0.19)	(0.22)	0.03
Net income per share from discontinued operations attributable to Renren Inc. shareholders
Basic (in dollars per share)	0.01	0	0.03
Diluted (in dollars per share)	0.01	0	0.03
Net income (loss) per share attributable to Renren Inc. shareholders:
Basic (in dollars per share)	(0.18)	(0.22)	0.06
Net income (loss) per ordinary share attributable to Renren Inc. shareholders - diluted:	$ (0.18)	$ (0.22)	$ 0.06
Weighted average number of shares used in calculating net income (loss) per share from continuing operations attributable to Renren Inc. shareholders:
Basic (in shares)	1,022,664,396	1,019,378,556	1,059,446,436
Diluted (in shares)	1,022,664,396	1,019,378,556	1,067,631,709
Weighted average number of shares used in calculating net income per share from discontinued operations attributable to Renren Inc. shareholders:
Basic (in shares)	1,022,664,396	1,019,378,556	1,059,446,436
Diluted (in shares)	1,027,176,963	1,027,236,202	1,067,631,709

CONSOLIDATED STATEMENTS OF OPERATIONS (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
(Loss) income from the operations of the discontinued operations, tax (benefits) expenses	$ 102	$ 944	$ (321)
Gain on deconsolidation of the subsidiaries, tax expense	454
Gain on disposal of equity method investment, tax expenses			6,027
Gain from discontinued operations, tax (benefits) expenses	$ 556	$ 944	$ 5,706

Amount of tax expense (benefit) related to a discontinued operation. Includes, but is not limited to, tax expense (benefit) related to income (loss) from operations during the phase-out period, tax expense (benefit) related to gain (loss) on disposal, tax expense (benefit) related to gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and tax expense (benefit) related to adjustments of a prior period gain (loss) on disposal.

ORGANIZATION AND PRINCIPAL ACTIVITIES [Abstract]

CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME [Abstract]
Net income (loss)	$ (185,352)	$ (221,657)	$ 60,078
Other comprehensive (loss) income, net of tax:
Foreign currency translation	(10,994)	(7,777)	(5,039)
Net unrealized gain (loss) on available-for-sale investments, net of tax of $nil for the years ended December 31, 2014, 2015 and 2016, respectively	(18,518)	40,695	13,223
Transfer to statements of operations of realized gain on available-for-sale investments, net of tax of $nil for the years ended December 31, 2014, 2015 and 2016, respectively	(729)	(3,568)	(175,191)
Other comprehensive (loss) income	(30,241)	29,350	(167,007)
Comprehensive loss	(215,593)	(192,307)	(106,929)
Less: Comprehensive loss attributable to noncontrolling interest		1,529	382
Comprehensive loss attributable to Renren Inc.	$ (215,593)	$ (190,778)	$ (106,547)

CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME (Parenthetical) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Net unrealized gain on available-for-sale investments, tax
Transfer to statements of operations of realized gain on available-for-sale investments, tax

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($) $ in Thousands	Total	Total Renren Inc.'s equity [Member]	Additional paid-in capital [Member]	Accumulated deficit [Member]	Statutory reserves [Member]	Accumulated other comprehensive income [Member]	Non-controlling interest [Member]	Class A ordinary shares [Member] Ordinary shares [Member]	Class B ordinary shares [Member] Ordinary shares [Member]
Balance at Dec. 31, 2013	$ 1,270,268	$ 1,270,145	$ 1,285,283	$ (197,726)	$ 6,712	$ 174,781	$ 123	$ 790	$ 305
Balance (in shares) at Dec. 31, 2013								789,976,372	305,388,450
Increase (Decrease) in Shareholders' Equity
Stock-based compensation	23,604	23,604	23,604
Other comprehensive income (loss)	(167,007)	(167,007)				(167,007)
Net income (loss)	60,078	60,460		60,460			(382)
Exercise of share option and restricted shares vesting	2,759	2,759	2,748					$ 11
Exercise of share option and restricted shares vesting (in shares)								10,792,736
Repurchase of ordinary shares	(87,323)	(87,323)	(87,242)					$ (81)
Repurchase of ordinary shares (in shares)								(80,728,137)
Balance at Dec. 31, 2014	1,102,379	1,102,638	1,224,393	(137,266)	6,712	7,774	(259)	$ 720	$ 305
Balance (in shares) at Dec. 31, 2014								720,040,971	305,388,450
Increase (Decrease) in Shareholders' Equity
Stock-based compensation	28,241	28,241	28,241
Other comprehensive income (loss)	29,350	29,350				29,350
Net income (loss)	(221,657)	(220,128)		(220,128)			(1,529)
Exercise of share option and restricted shares vesting	1,367	1,367	1,362					$ 5
Exercise of share option and restricted shares vesting (in shares)								5,236,230
Repurchase of ordinary shares	(10,292)	(10,292)	(10,281)					$ (11)
Repurchase of ordinary shares (in shares)								(10,912,110)
Purchase of noncontrolling interest in Jiehun China		119	119				(119)
Deconsolidation of Wanmen		(751)	(751)				751
Balance at Dec. 31, 2015	929,388	930,544	1,243,083	(357,394)	6,712	37,124	(1,156)	$ 714	$ 305
Balance (in shares) at Dec. 31, 2015								714,365,091	305,388,450
Increase (Decrease) in Shareholders' Equity
Stock-based compensation	23,544	23,544	23,544
Other comprehensive income (loss)	(30,241)	(30,241)				(30,241)
Net income (loss)	(185,352)	(185,352)		(185,352)
Exercise of share option and restricted shares vesting	1,150	1,150	1,144					$ 6
Exercise of share option and restricted shares vesting (in shares)								5,286,327
Repurchase of ordinary shares (in shares)
Deconsolidation of Wanmen	(23)	(1,179)	(1,179)				1,156
Balance at Dec. 31, 2016	$ 738,466	$ 738,466	$ 1,266,592	$ (542,746)	$ 6,712	$ 6,883		$ 720	$ 305
Balance (in shares) at Dec. 31, 2016								719,651,418	305,388,450

CONSOLIDATED STATEMENTS OF CASH FLOWS $ in Thousands, ¥ in Millions	12 Months Ended
	Dec. 31, 2016 USD ($)	Dec. 31, 2015 USD ($)	Dec. 31, 2014 USD ($)
Cash flows from operating activities:
Net income (loss)	$ (185,352)	$ (221,657)	$ 60,078
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Share-based compensation expense	23,544	28,241	21,649
Gain on deconsolidation of subsidiaries	(12,895)		(489)
(Gain) loss on disposal of equity method investment		1,924	(56,993)
Depreciation and amortization	2,678	8,935	18,488
Exchange loss on offshore accounts	4	174	2,277
Impairment on intangible assets			15,461
Impairment on long-term investments	102,307	4,258
Loss on expiration of warrant	901
Impairment on goodwill			46,864
Interest income from long-term available-for-sale investment	(298)
Provision for doubtful accounts-accounts receivable	(205)	788	2,090
Provision for doubtful accounts- others	369	836	305
Provision for financing receivable losses	12,436	3,665
Write off of financing receivable	(119)
Loss (gain) on disposal of equipment	(95)	(988)	1,797
(Gain) loss on short-term investments and fair value change of derivatives	(552)	98,112	(139,265)
Realized gain on long-term available-for-sale investment	(729)
(Earnings) loss in equity method investments	18,183	3,019	(49,015)
Fair value change of put option and liability-classified warrant	(105)	6,270
Changes in operating assets and liabilities:
Accounts and notes receivable	(881)	7,613	(6,480)
Financing receivable	10	(217)
Prepaid expenses and other current assets	7,934	(22,788)	(9,740)
Other non-current assets	490	19,313	3,164
Intercompany loan to Qianjun Technology (see Note 4.2)			21,831
Intercompany loan to Online Gaming (see Note 4.3)	7,500
Accounts payable	797	1,266	762
Amounts due from/to related parties	1,167	1,260	61,404
Accrued expenses and other current liabilities	2,037	1,090	(6,509)
Interest payable to investors	(531)	870
Deferred revenue and advance from customers	2,780	397	(1,195)
Other non-current liabilities	5,332	966	(152)
Income tax payable	2,288	(2,624)	1,614
Deferred income taxes			4,576
Profit distribution received from Japan Macro		9,235	63,917
Net cash provided by (used in) operating activities	(11,005)	(50,042)	56,439
Cash flows from investing activities:
Restricted cash	(9,630)	(22,532)
(Increase) decrease in term deposits		493,471	(3,414)
Proceeds from principal repayments of financing receivable	626,775	126,535
Payments to provide financing receivable	(799,174)	(289,041)
Proceeds from sale of trading securities	22,632	63,822
Proceeds from sale of available-for-sale securities		62,704	415,528
Proceeds from sale of derivative financial instruments		2,580	80,861
Proceeds from principal return on Series 2012-A Senior Secured Sofi Loan Notes ("SoFi Loan Note")	5,879	984	1,370
Proceeds from sale of subsidiary, net of $168 cash disposed of			3,001
Proceeds from sale of equity method investment	18,460	94	46,484
Proceeds from capital withdrawal from equity method investees	29,634	60,279	74,721
Dividend received from trading securities		19
Dividend received from available-for-sale securities		157	1,050
Purchase of trading securities	(19,702)	(67,986)
Purchase of available-for-sale securities		(29,833)	(129,407)
Purchase of derivative financial instruments	(264)	(101,409)	(118,470)
Purchase of equity method investments, call option and warrant	(16,331)	(225,885)	(161,271)
Purchase of cost method investment	(28,344)	(179,262)	(26,969)
Purchase of long-term available-for-sale investments	(6,150)	(132,957)	(56,492)
Proceeds from disposal of equipment	142	1,084	386
Purchases of equipment and property	(357)	(806)	(8,028)
Purchases of intangible assets		(386)	(1,574)
Settlement of put option	(7,000)
Cash disposed of from deconsolidation of subsidiaries	(6,176)
Loan to noncontrolling shareholder		(1,930)
Loan to related party	(14,625)	(4,775)
Proceeds from repayment of related party loans	11,701	4,775
Loans to third parties	(4,518)	(21,898)	(8,561)
Proceeds from repayment of third party loans	3,765	13,212
Net cash provided by (used in) investing activities	(193,283)	(248,984)	109,215
Cash flows from financing activities:
Repurchase of ordinary shares		(10,292)	(76,462)
Proceeds from exercise of share options	1,430	1,231	2,514
Repayment of promissory note issued to Nuomi Inc.			(60,884)
Proceeds from investors	844,712	174,543
Payment to investors	(637,931)	(125,001)
Repayment of short-term borrowings	(108,292)
Repayment of long-term borrowing	(23,608)
Proceeds from short-term borrowings	39,072	107,134
Proceeds from long-term borrowings		130,885
Proceeds from loan provided by a related party	10,692
Restricted cash for short-term borrowing	100,000	(100,000)
Capital injection by noncontrolling shareholder		1,930
Net cash (used in) provided by financing activities	226,075	180,430	(134,832)
Net increase (decrease) in cash and cash equivalents	21,787	(118,596)	30,822
Cash and cash equivalents at beginning of year	60,837	183,025	154,308
Effect of exchange rate changes	(3,254)	(3,592)	(2,105)
Cash and cash equivalents at end of year	79,370	60,837	183,025
Supplemental schedule of cash flows information:
Interest paid	12,249	2,793
Income taxes paid	123	6,744	11
Schedule of non-cash activities:
Payable for acquisition of property, plant and equipments included in accrued expenses and other liabilities	3	43
Acquisition of property, plant and equipments and other intangible assets through utilization of deposits			1,514
Purchase of long-term available-for-sale investment through exchange of equity interest in a subsidiary	1,742
Acquisition of equity method investment through settlement of loan from a related party	4,905
Repurchase of ordinary shares through utilization of deposits			$ 10,860

CONSOLIDATED STATEMENTS OF CASH FLOWS (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
CONSOLIDATED STATEMENTS OF CASH FLOWS [Abstract]
Cash disposed, sale of subsidiary			$ 168

ORGANIZATION AND PRINCIPAL ACTIVITIES

12 Months Ended

Dec. 31, 2016

ORGANIZATION AND PRINCIPAL ACTIVITIES

ORGANIZATION AND PRINCIPAL ACTIVITIES

Renren Inc. was incorporated in the Cayman Islands. Through its social networking internet platform, the Company, its consolidated subsidiaries, variable interest entities ("VIEs") and VIEs' subsidiaries (collectively referred to as the "Company") were primarily engaged in the operation of its social networking internet platform ("SNS") through which it provides online advertising services and internet value-added services ("IVAS") as well as the operation of financial services platforms to provide internet finance services.

During 2014, the Company discontinued its online advertising services generated from its online social video platform through its deconsolidation of Guanzhou Qianjun Internet Technology Co., Ltd. (“Qianjun Technology”). As a result, the operations of Quinjun Technology were treated as discontinued operations during the year ended December 31, 2014 (see Note 4).

During 2015, the Company reached a resolution to dispose of its online gaming business ("Online Gaming"), which was subsequently sold in March 2016. The disposal of Online Gaming represented a strategic shift and had a major effect on the Company’s result of operations. Accordingly, assets, liabilities, revenues and expenses and cash flows related to the Online Gaming entities have been reclassified in the accompanying consolidated financial statements as discontinued operations for all periods presented. The consolidated balance sheet as of December 31, 2015, consolidated statements of operations and consolidated statements of cash flows for the years ended December 31, 2014 and 2015 have been adjusted to reflect this change.

Beginning with the fourth quarter of 2014, the Company launched Renren Fenqi platform (“Renren Fenqi”), a financial service platform which provides financing to college students in China for making purchases on e-commerce platforms. From the first quarter of 2015, the Company started to provide credit financing to used automobile dealers and apartment rental financing to individuals and apartment agents. Additionally, during 2015, the Company also launched Renren Licai (“Renren Licai”), a platform through which the Company identifies individual investors and transfers the creditors’ rights arising from aforementioned financing to individual investors.

In the first and second quarter of 2016, the Company stopped providing apartment rental financing to individuals and apartment agents, and financing to college students, respectively.

On September 30, 2016, the Company announced a plan to spin off a newly formed subsidiary (the "Subsidiary") that would hold the online talent show business ("Woxiu") and most of its investments in minority stakes in privately held companies through a distribution of rights to all shareholders. On December 22, 2016, the Company formed a special committee to review the terms of the proposed transaction. On the same day, the Company received a preliminary nonbinding proposal from certain shareholders of the Company valuing the Subsidiary at $500 million, net of debt. Subsequently, (i) the Company has been considering a revised plan to substitute Beijing Zhenzhong Interactive Information Technology Co., Ltd ("Zhenzhong", a subsidiary of one of the Company’s VIEs) for Woxiu and dispose of Zhenzhong and most of its investments in minority stakes in privately held companies through one or more private placements of the Subsidiary and (ii) the Company has received US $91.9 million in net cash proceeds from the sale of a portion of its investment in Social Finance, Inc. As of today, the terms of the transaction have not been finalized and the transaction is still subject to the approval of the Company’s special committee and SoftBank Group Corp., the parent company of SB Pan Pacific Corporation, which is one of the Company’s shareholders. The proposed transaction is subject to significant risks and uncertainties, including the timing of its execution and the ultimate form of the proposed transaction.

As of December 31, 2016, Renren Inc.'s subsidiaries, VIEs and VIEs' subsidiaries are as follows:

	Later of date		Percentage of
	of incorporation	Place of	legal ownership
Name of Subsidiaries	or acquisition	incorporation	by Renren Inc.			Principal activities

Subsidiaries:
CIAC/ChinaInterActiveCorp ("CIAC")	August 5, 2005	Cayman Islands		100	%	Investment holding
Renren Wealth Inc.	March 7, 2011	Cayman Islands		100	%	Investment holding
Link224 Inc.	May 31, 2011	Cayman Islands		100	%	Investment holding
Renren Lianhe Holdings	September 2, 2011	Cayman Islands		100	%	Investment holding
Wole Inc.	October 27, 2011	Cayman Islands		100	%	Investment holding
JiehunChina Inc. ("JiehunChina")	June 14, 2011	Cayman Islands		100	%	Investment holding
Renren Giant Way Limited ("Renren Giant Way")	May 17, 2012	Hong Kong		100	%	Investment holding
Renren Gongying Inc..	October 2, 2015	Cayman Islands		100	%	Investment holding
Renren Study Inc.	April 5, 2012	Cayman Islands		100	%	Investment holding
Renren CRSP Holdings Inc.	October 14, 2016	Cayman Islands		100	%	Investment holding
Renren CHYP Holdings Inc.	October 14, 2016	Cayman Islands		100	%	Investment holding
Renren PLML Holdings Inc.	October 14, 2016	Cayman Islands		100	%	Investment holding
Renren KURY Holdings Inc.	October 14, 2016	Cayman Islands		100	%	Investment holding
Renren ONER Holdings Inc.	October 14, 2016	Cayman Islands		100	%	Investment holding
Renren BLCR Holdings Inc.	October 14, 2016	Cayman Islands		100	%	Investment holding
Renren ZHCH Holdings Inc.	October 14, 2016	Cayman Islands		100	%	Investment holding
Renren LSTAR Holdings Inc.	October 17, 2016	Cayman Islands		100	%	Investment holding
Renren CHRYPH Holdings Inc.	October 31, 2016	Cayman Islands		100	%	Investment holding
Happy Link Corporation Limited	May 7, 2011	Hong Kong		100	%	Investment holding
Renren Game Hong Kong Limited ("Game HK")	March 8, 2012	Hong Kong		100	%	Investment holding
Renren Lianhe (Hong Kong) Co. Limited.	May 16, 2016	Hong Kong		100	%	Investment holding
Renren Winday Company Limited.	July 26, 2016	Hong Kong		100	%	Investment holding
Renren Giantly Limited.	August 16, 2016	Hong Kong		100	%	Investment holding
Renren Gentle Height Company Limited.	December 7, 2016	Hong Kong		100	%	Investment holding
Renren Game USA Inc. (“Game USA”)	March 8, 2012	USA		100	%	Investment holding
Chime Technologies, Inc.	September 7, 2012	USA		100	%	Internet business
Qianxiang Shiji Technology Development (Beijing) Co., Ltd. ("Qianxiang Shiji")	March 21, 2005	PRC		100	%	Investment holding
Beijing Woxiu Information Technology Co. Ltd. ("Beijing Woxiu")	October 27, 2011	PRC		100	%	Investment holding
Beijing Jiexun Shiji Technology Development Co., Ltd. ("Jiexun Shiji")	April 26, 2012	PRC		100	%	Investment holding
Renren Huijin (Tianjin) Technology Co., Ltd. ("Huijin")	October 10, 2012	PRC		100	%	Investment holding
Joy Interactive (Beijing) Technology Development Co., Ltd.	April 24, 2013	PRC		100	%	Investment holding
Qianxiang Lianhe Technology Development (Beijing) Co., Ltd	November 12, 2016	PRC		100	%	Internet business

Variable Interest Entities:
Beijing Qianxiang Tiancheng Technology Development Co., Ltd. ("Qianxiang Tiancheng")	October 28, 2002	PRC		N/A		IVAS business
Guangzhou Xiuxuan Brokers Co., Ltd.(“Guangzhou Xiuxuan”)	September 22, 2014	PRC		N/A		IVAS business
Beijing RenrenJinfu Investment Management Co., Ltd (“Renren Jinfu”)	May 20, 2015	PRC		N/A		Internet business
Beijing Qianxiang Yixin Technology Development Co., Ltd	September 1, 2016	PRC		N/A		Investment holding

Subsidiaries of Variable Interest Entities:
Beijing Qianxiang Wangjing Technology Development Co., Ltd. ("Qianxiang Wangjing")	November 11, 2008	PRC		N/A		Internet business
Shanghai Qianxiang Changda Internet Information Technology Development Co., Ltd. ("Shanghai Changda")	October 25, 2010	PRC		N/A		Internet business
Beijing Wole Shijie Information Technology Co., Ltd. ("Wole Shijie")	October 27, 2011	PRC		N/A		Technology development and service
Beijing Qilin Wings Technology Development Co., Ltd..	January 16, 2013	PRC		N/A		Internet business
Beijing Zhenzhong Interactive Information Technology Co., Ltd	December 23, 2014	PRC		N/A		Internet business
Shanghai Wangjing Factoring Co., Ltd	July 28, 2015	PRC		N/A		Factoring business
Beijing Jingwei Zhihui Information Technology Co., Ltd. (“Jingwei Zhihui”)	March 19, 2014	PRC		N/A		Internet business
Shanghai Wangjing Investment Management Co., Ltd	April 20, 2015	PRC		N/A		Internet business
Fenqi Winday Company Limited,	February 29, 2016	Hong Kong		N/A		Internet business
Renren Finance, Inc.	December 15, 2014	Cayman Islands		N/A		Internet business
Shanghai Renren Financial Rental Co., Ltd	May 25, 2015	PRC		N/A		Internet business
Shanghai Mumian Interactive Internet Information Service Co., Ltd...	June 16, 2016	PRC		N/A		IVAS business
Guangzhou Qunge Information Technology Co., Ltd	August 26, 2016	PRC		N/A		IVAS business
Beijing Renren Zhihui Technology Co., Ltd	October 31, 2016	PRC		N/A		Internet business
Souxun Finance Advisory (Beijing) Co., Ltd	September 9, 2011	PRC		N/A		IVAS business
Tianjin Zhenzhong Interactive Information Technology Co., Ltd.	April 8, 2016	PRC		N/A		Investment holding
Beijing Qianxiang Wanxin Technology Development Co., Ltd.	November 18, 2016	PRC		N/A		Investment holding

The VIE arrangements

PRC regulations currently limit direct foreign ownership of business entities providing value-added telecommunications services, online advertising services and internet services in the PRC where certain licenses are required for the provision of such services. To comply with these PRC regulations, the Company currently conducts substantially all of its businesses through the VIE Qianxiang Tiancheng and its respective subsidiaries. Prior to March 2016, the Company also conducted its business through a VIE Jingwei Zhihui, which became a wholly owned subsidiary of Qianxiang Tiancheng in March 2016. Qianxiang Tiancheng is mainly engaged in the provision of online advertising, IVAS and internet finance services. Jingwei Zhihui is mainly engaged in the provision of internet finance services.

Qianxiang Shiji ("WFOE"), a wholly owned subsidiary of CIAC, and Beijing Jingwei Sinan Information Technology Co., Ltd., or Jingwei Sinan ("WFOE"), a wholly owned subsidiary of Jupiter Way Limited, entered into a series of contractual arrangements with the VIEs that enable the Company to (1) have power to direct the activities that most significantly affects the economic performance of the VIEs, and (2) receive the economic benefits of the VIEs that could be significant to the VIEs. Accordingly, the Company is considered the primary beneficiary of the VIEs and has consolidated the VIEs' financial results of operations, assets and liabilities in the Company's consolidated financial statements. In making the conclusion that the Company is the primary beneficiary of the VIEs, the Company believes the Company's rights under the terms of the exclusive option agreement and power of attorney are substantive given the substantive participating rights held by SB Pan Pacific Corporation as it relates to operating matters, which provide it with a substantive kick out right.

More specifically, the Company believes the terms of the contractual agreements are valid, binding and enforceable under PRC laws and regulations currently in effect. In particular the Company also believes that the minimum amount of consideration permitted by the applicable PRC law to exercise the exclusive option does not represent a financial barrier or disincentive for the Company to currently exercise its rights under the exclusive option agreement. A simple majority vote of the Company's board of directors is required to pass a resolution to exercise the Company's rights under the exclusive option agreement, for which the consent from Mr. Joe Chen, who holds the most voting interests in the Company and is also the Company's chairman and CEO, is not required. The Company's rights under the exclusive option agreement give the Company the power to control the shareholders of the VIEs and thus the power to direct the activities that most significantly impact the VIEs' economic performance. In addition, the Company's rights under the powers of attorney also reinforce the Company's abilities to direct the activities that most significantly impact the VIEs' economic performance. The Company also believes that this ability to exercise control ensures that the VIEs will continue to execute and renew service agreements and pay service fees to the Company. By charging service fees at the sole discretion of the Company, and by ensuring that service agreements are executed and renewed indefinitely, the Company has the rights to receive substantially all of the economic benefits from the VIEs.

The VIEs and their subsidiaries hold the requisite licenses and permits necessary to conduct the Company's business under the current business arrangements.

The contractual agreements below provide the Company with the power to direct the activities that most significantly affect the economic performance of the VIEs and enable the Company to receive substantially all of economic benefits and absorb the losses of the VIEs.

(1)

Power of Attorney: WFOEs hold irrevocable power of attorney executed by the legal owners of the VIEs to exercise their voting rights on, including but not limited to dividend declaration, all matters at meetings of the legal owners of the VIEs and through such power of attorney has the right to control the operations of the VIEs. The power of attorney for Qianxiang Tiancheng will remain in force for ten years until December 22, 2020, and will be automatically renewed upon the extension of the terms of the relevant business operations agreements until the earlier of the following events: (i) nominee loses his/her position in Qianxiang Shiji or Qianxiang Shiji issue a written notice to dismiss or replace nominee; and (ii) the business operations agreements among Qianxiang Shiji, Qianxiang Tiancheng and Qianxiang Tiancheng's shareholders terminate or expire. The power of attorney for Jingwei Zhihui became effective on May 22, 2014 and would remain effective as long as Jingwei Zhihui exist. Neither of the shareholders of Jingwei Zhihui had the right to terminate or revoke the power of attorney without the prior written consent of Jingwei Sinan.

(2)

Business Operations Agreement: The business operations agreements specifically and explicitly grant WFOEs the principal operating decision making rights, such as appointment of the directors and executive management, of the VIEs.

The terms of the business operations agreements are ten years and will be extended automatically for another ten years unless the WFOEs provide a 30-day advance written notice to the VIEs and to each of the VIEs' shareholders requesting not to extend the term three months prior to the expiration dates of December 22, 2020 and May 21, 2024, respectively. Neither the VIEs nor any of the VIEs' shareholders may terminate the agreements during the terms or the extensions of the terms.

(3)

Exclusive Equity Option Agreement: Under the exclusive equity option agreement, the WFOEs have the exclusive right to purchase the equity interests of the VIEs from the registered legal equity owners as far as PRC regulations permit a transfer of legal ownership to foreign ownership. The WFOEs can exercise the purchase right at any portion and any time in the 10-year agreement period.

Without the WFOE's consent, the VIEs' shareholders shall not transfer, donate, pledge, or otherwise dispose their equity shareholdings in the VIEs in any way. The equity option agreement will remain in full force and effect until the earlier of: (i) the date on which all of the equity interests in the VIEs have been acquired by the respective WFOE or its designated representative(s); or (ii) the receipt of the 30-day advance written termination notice issued by the respective WFOE to the shareholders of the VIEs. The term of these agreements will be automatically renewed upon the extension of the term of the relevant exclusive equity option agreement.

(4)

Spousal Consent Agreement: The spouse of each of the shareholders of Qianxiang Tiancheng acknowledged that certain equity interests of Qianxiang Tiancheng held by and registered in the name of his/her spouse will be disposed of pursuant to the equity option agreements. These spouses understand that such equity interests are held by their respective spouse on behalf of Qianxiang Shiji, and they will not take any action to interfere with the disposition of such equity interests, including, without limitation, claiming that such equity interests constitute communal property of marriage.

The spouse of each of the shareholders of Jingwei Zhihui had acknowledged that certain equity interests of Jingwei Zhihui, held by and registered in the name of his/her spouse would be disposed of pursuant to the loan agreement, equity option agreement and equity interest pledge agreement of which they were respectively a party, and they would not take any action to interfere with such arrangement, including claiming that such equity interests constitute property or communal property between his/her spouse and himself/herself.

(5)

Exclusive Technical and Consulting Services Agreement: The WFOEs and registered shareholders irrevocably agree that the WFOEs shall be the exclusive technology service provider to the VIEs in return for a service fee which is determined at the sole discretion of the WFOEs.

The term of each of agreement is ten years and will be extended automatically for another ten years unless terminated by the WFOEs. The WFOEs can terminate the agreement at any time by providing a 30-day prior written notice. The VIEs are not permitted to terminate the agreements prior to the expiration of the terms by December 22, 2020 and May 21, 2024, respectively, unless the WFOEs fail to comply with any of their obligations under this agreement and such breach makes the WFOEs unable to continue to perform the agreements.

(6)

Intellectual Property License Agreement: The WFOEs and registered shareholders agree that the WFOEs shall have the exclusive right to license its intellectual property rights to the VIEs in return for a license fee. The license fee is determined at the discretion of the Company. The term of these agreements will be automatically renewed upon the extension of the term of the relevant intellectual property license agreement.

The term of the agreement will be extended for another five years with both parties' consents. The WFOEs may terminate the agreement at any time by providing a 30-day prior written notice. Any party may terminate the agreement immediately with written notice to the other party if the other party materially breaches the relevant agreement and fails to cure its breach within 30 days from the date it receives the written notice specifying its breach from the non-breaching party. The parties will review the agreement every three months and determine if any amendment is needed.

(7)

Loan Agreements: Under loan agreements between the WFOEs and each of the shareholders of the VIEs, the WFOEs made interest-free loans to the shareholders of exclusively for the purpose of the initial capitalization and the subsequent financial needs of the VIEs. The loans can only be repaid with the proceeds derived from the sale of all of the equity interests in the VIEs to the WFOEs or their designated representatives pursuant to the equity option agreements. The term of each of these loans is ten years from the actual drawing down of such loans by the shareholders of the VIEs, and will be automatically extended for another ten years unless a written notice to the contrary is given by the WFOEs to the shareholders of the VIEs three months prior to the expiration of the loan agreements.

(8)

Equity Interest Pledge Agreement: Shareholders of the VIEs have pledged all of their equity interests in the VIEs with their respective WFOEs and the WFOEs are entitled to certain rights to sell the pledged equity interests through auction or other means if the VIEs or the shareholders default in their obligations under other above-stated agreements.

These agreements are substantially the same, and that the equity interest pledge has become effective and will expire on the earlier of: (i) the date on which the VIEs and their shareholders have fully performed their obligations under the loan agreements, the exclusive technical service agreement, the intellectual property right license agreement and the equity option agreements; (ii) the enforcement of the pledge by the WFOEs pursuant to the terms and conditions under this agreement to fully satisfy its rights under such agreements; or (iii) the completion of the transfer of all equity interests of the VIEs by the shareholders of the VIEs to another individual or legal entity designated by the WFOEs pursuant to the equity option agreement and no equity interests of the VIEs are held by such shareholders.

In March 2016, the above contractual arrangements between Jingwei Sinan and Jingwei Zhihui were terminated. Jingwei Zhihui became a wholly owned subsidiary of Qianxiang Tiancheng. In November 2016, both Jingwei Sinan and Jupiter Way Limited were disposed of. The disposal did not have a material impact on the Company's consolidated financial statements.

Risks in relation to the VIE structure

The Company and the Company's legal counsel believe that Qianxiang Shiji's and Jingwei Sinan's contractual arrangements with the VIEs are in compliance with PRC law and are legally enforceable. However, uncertainties in the PRC legal system could limit the Company's ability to enforce these contractual arrangements and if the shareholders of the VIEs were to reduce their interest in the Company, their interests may diverge from that of the Company and that may potentially increase the risk that they would seek to act contrary to the contractual terms, for example by influencing the VIEs not to pay the service fees when required to do so. If the legal structure and contractual arrangements were found to be in violation of PRC laws and regulations, the PRC government could:

Revoke the business and operating licenses of the WFOEs, the VIEs and their subsidiaries;

Discontinue or restrict the operations of any related-party transactions among the WFOEs, the VIEs and their subsidiaries;

Impose fines or other requirements on the WFOEs, the VIEs and their subsidiaries;

Require the Company or the WFOEs, the VIEs and their subsidiaries to revise the relevant ownership structure or restructure operations; and/or

Restrict or prohibit the Company's use of the proceeds of the additional public offering to finance the Company's business and operations in China.

The Company's ability to conduct its business including online advertising, online gaming (discontinued after the Company's resolution to dispose of Online Gaming in 2015), online talent show, other internet value added services, and internet finance services may be negatively affected if the PRC government were to carry out any of the aforementioned actions. As a result, the Company may not be able to consolidate the VIEs and the VIEs' subsidiaries in its consolidated financial statements as it may lose the ability to exert effective control over the VIEs and the VIEs' subsidiaries and shareholders, and it may lose the ability to receive economic benefits from the VIEs and the VIEs' subsidiaries.

Certain shareholders of the VIEs are also shareholders of the Company. The interests of the shareholders of the VIEs may diverge from that of the Company and that may potentially increase the risk that they would seek to act contrary to the contractual terms, for example by influencing the VIEs not to pay the service fees when required to do so. The Company cannot assure that when conflicts of interest arise, shareholders of the VIEs will act in the best interests of the Company or that conflicts of interests will be resolved in the Company's favor. Currently, the Company does not have existing arrangements to address potential conflicts of interest the shareholders of the VIEs may encounter in their capacity as beneficial owners and directors of the VIEs. The Company believes the shareholders of the VIEs will not act contrary to any of the contractual arrangements and the exclusive option agreements provide the Company with a mechanism to remove the current shareholders of the VIEs as beneficial shareholders of the VIEs should they act to the detriment of the Company. The Company relies on the current shareholders of VIEs whom also are directors and executive officers of the Company, to fulfill their fiduciary duties and abide by laws of Cayman Islands and act in the best interest of the Company or that conflicts will be resolved in the Company’s favor. If the Company cannot resolve any conflicts of interest or disputes between the Company and the shareholders of the VIEs, the Company would have to rely on legal proceedings, which could result in disruption of its business, and there is substantial uncertainty as to the outcome of any such legal proceedings.

The Company's ability to control the VIEs also depends on the power of attorney that the WFOEs have to vote on all matters requiring shareholder approval in the VIEs. As noted above, the Company believes this power of attorney is legally enforceable but may not be as effective as direct equity ownership.

The following financial statement balances and amounts of the Company’s VIEs were included in the accompanying consolidated financial statements after elimination of intercompany balances and transactions between the offshore companies, WFOEs, VIEs and VIEs’ subsidiaries. As of December 31, 2015 and 2016, the balance of the amount payable by the VIEs and their subsidiaries to the WFOEs related to the service fees were $172 and $nil, respectively and was eliminated upon consolidation.

	As of December 31,
	2015		2016

Cash and cash equivalents	$	15,359	$	55,908
Restricted cash		-		288
Short-term investments		2,748		410
Accounts receivable, net		4,044		4,702
Financing receivable, net		72,619		228,224
Prepaid expenses and other current assets		22,932		17,988
Amounts due from related parties		425		10,219
Current assets held for sale		3,917		-

Total current assets		122,044		317,739

Long-term financing receivable, net		15,273		330
Property and equipment, net		2,327		1,058
Long-term investments		18,852		36,470
Other non-current assets		1,195		876
Non-current assets held for sale		1,888		-

Total non-current assets		39,535		38,734

Total assets	$	161,579	$	356,473

Accounts payable	$	4,914	$	5,423
Short-term debt		6,919		7,202
Accrued expenses and other current liabilities		13,762		11,277
Payable to investors		46,219		182,810
Amounts due to related parties		36		222
Deferred revenue and advance from customers		3,670		5,804
Income tax payable		5,652		7,163
Current liabilities held for sale		7,729		-

Total current liabilities		88,901		219,901

Total liabilities	$	88,901	$	219,901

	Years ended December 31,
	2014		2015		2016

Net revenue	$	46,012	$	39,017	$	61,948
Loss from continuing operations	$	(66,467)	$	(68,991)	$	(31,997)
(Loss) income from discontinued operations	$	(26,025)	$	4,302	$	829

	Years ended December 31,
	2014		2015		2016

Net cash provided by operating activities	$	24,502	$	34,652	$	68,374
Net cash used in investing activities	$	(20,696)	$	(102,061)	$	(187,621)
Net cash provided by financing activities		-	$	55,928	$	148,080

The VIEs contributed an aggregate of 98.6%, 94.9% and 97.8% of the consolidated net revenues for the years ended December 31, 2014, 2015 and 2016, respectively. As of the fiscal years ended December 31, 2015 and 2016, the VIEs accounted for an aggregate of 12.7% and 30.3%, respectively, of the consolidated total assets, and 26.3% and 50.2%, respectively, of the consolidated total liabilities. The assets not associated with the VIEs primarily consist of cash and cash equivalents and long-term investments.

There are no consolidated VIEs' assets that are collateral for the VIEs' obligations and can only be used to settle the VIEs' obligations. There are no creditors (or beneficial interest holders) of the VIEs that have recourse to the general credit of the Company or any of its consolidated subsidiaries. There are no terms in any arrangements, considering both explicit arrangements and implicit variable interests, which require the Company or its subsidiaries to provide financial support to the VIEs. However, if the VIEs ever need financial support, the Company or its subsidiaries may, at its option and subject to statutory limits and restrictions, provide financial support to its VIEs through loans to the shareholders of the VIEs or entrustment loans to the VIEs.

Relevant PRC laws and regulations restrict the VIEs from transferring a portion of its net assets, equivalent to the balance of its statutory reserve and its share capital, to the Company in the form of loans and advances or cash dividends. Please refer to Note 23 for disclosure of restricted net assets.

Consolidated Plans

In January 2016 and September 2016, the Company originated the issuance of two Shanghai Renren Finance Leasing Asset-Backed Special Plans, approximating RMB299.8 million ($45.2 million) and RMB510.6 million ($76.9 million), respectively. The Plans are collateralized by certain financing receivables arising from the Company's used automobile financing business.

The Plans consist of three tranches: AAA-rated senior securities (covering 68.0% and 70.5% of the total securities issued, respectively) and AA-rated senior securities (covering 10.5% and 11.0% of the total securities issued, respectively) which were purchased by external investors, and subordinate securities (covering 21.5% and 18.5% of the total securities issued, respectively) held by the Company. The Company also provided a guarantee to secure the full repayment of the principal and interest of the external investors in the Plans.

The Company holds significant variable interests in the Plans through holding the subordinate securities and the guarantee provided, from which the Company has the right to receive benefits from the Plans that could potentially be significant to the Plans.

The Company also has power to direct the activities of the Plans that most significantly impact the economic performance of the Plans by making revolving purchases of underlying financing receivables and providing payment collection services from the underlying financing receivables.

Accordingly, the Company is considered the primary beneficiary of the Plans and has consolidated the Plans' assets, liabilities, results of operations, and cash flows in the accompanying consolidated financial statements.

The assets of the Plans are not available to creditors of the Company. In addition, the investors of the Plans have no recourse against the assets of the Company.

The following financial statement amounts and balances of the Plans were included in the accompanying consolidated financial statements after elimination of intercompany transactions and balances:

	As of December 31,
	2015		2016

Financing receivable, net		-	$	73,549

Total assets		-	$	73,549

Accrued expenses and other current liabilities		-	$	4
Payable to investors		-		141
Long-term payable to investors		-		59,916

Total liabilities		-	$	60,061

	Years ended December 31,
	2014		2015		2016

Net revenue		-		-		-
Net loss		-		-	$	375

	Years ended December 31,
	2014		2015		2016

Net cash provided by operating activities		-		-		-
Net cash used in investing activities		-		-		-
Net cash provided by financing activities		-		-		-

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

12 Months Ended

Dec. 31, 2016

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

2.	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of presentation

The consolidated financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America ("US GAAP").

Principles of consolidation

The consolidated financial statements of the Company include the financial statements of Renren Inc., its subsidiaries, its VIEs and VIEs' subsidiaries. All inter-company transactions and balances are eliminated upon consolidation.

Use of estimates

The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and the reported amounts of revenues and expenses in the financial statements and accompanying notes. Significant accounting estimates reflected in the Company's consolidated financial statements include, but are not limited to, revenue recognition, allowance for financing receivable, allowance for doubtful accounts, share-based compensation, deferred tax valuation allowance, income taxes, impairment of goodwill and indefinite-lived intangible assets, fair value of derivative financial instruments and long-term available-for-sale investments, and impairment of long-term and short-term investments.

Cash and cash equivalents

Cash and cash equivalents consist of cash on hand.

Restricted cash

Restricted cash primarily consists of cash deposits used to secure debt borrowings of the Company which is expected to be released in accordance with the debt agreement. Additionally, restricted cash as of December 31, 2015 also included cash received from a short-term debt borrowing restricted as to withdrawal and usage until the maturity of such short-term debt agreement. Such balance was released during the year ended December 31, 2016 upon repayment of the related short-term debt borrowing (see Note 11(ii)).

Fair value

Fair value is the price that would be received from selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. When determining the fair value measurements for assets and liabilities required or permitted to be recorded at fair value, the Company considers the principal or most advantageous market in which it would transact and it considers assumptions that market participants would use when pricing the asset or liability.

Authoritative literature provides a fair value hierarchy, which prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The level in the hierarchy within which the fair value measurement in its entirety falls is based upon the lowest level of input that is significant to the fair value measurement as follows:

⋅

Level 1-inputs are based upon unadjusted quoted prices for identical assets or liabilities traded in active markets.

⋅

Level 2-inputs are based upon quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets and liabilities in markets that are not active and model-based valuation techniques for which all significant assumptions are observable in the market or can be corroborated by observable market data for substantially the full term of the assets or liabilities.

⋅

Level 3-inputs are generally unobservable and typically reflect management's estimates of assumptions that market participants would use in pricing the asset or liability. The fair values are therefore determined using model-based techniques that include option pricing models, discounted cash flow models, and similar techniques.

Investments

(1)

Short-term investments

The Company's short-term investments comprise of marketable securities which are classified as trading and available-for-sale, and derivative financial instruments that are regarded as assets. The trading investments are reported at fair values with the changes in fair values of those investments recognized as gain or loss. The available-for-sale investments are reported at fair values with the unrealized gains or losses recorded as accumulated other comprehensive income in equity. The Company's derivative financial instruments are measured at fair value. The changes in fair values of those derivative instruments are recognized as gain or loss.

The Company reviews its available-for-sale short-term investments for other-than-temporary impairment ("OTTI") based on the specific identification method. The Company considers available quantitative and qualitative evidence in evaluating the potential impairment of its short-term investments. If the cost of an investment exceeds the investment's fair value, the Company considers, among other factors, general market conditions, expected future performance of the investees, the duration and the extent to which the fair value of the investment is less than the cost, and the Company's intent and ability to hold the investment. The Company separates the amount of the OTTI into the amount that is credit related (credit loss component) and the amount due to all other factors. The credit loss component is recognized in earnings, which represents the difference between a security's amortized cost basis and the discounted present value of expected future cash flows. The amount due to other factors is recognized in the consolidated statements of comprehensive income (loss) if the entity neither intends to sell and will not more likely than not be required to sell the security before recovery. The difference between the amortized cost basis and the cash flows expected to be collected is accreted as interest income.

(2)

Long-term investments

Equity method investments

Equity investment in common stock or in-substance common stock of an entity where the Company can exercise significant influence, but not control, is accounted for using the equity method. Significant influence is generally considered to exist when the Company has an ownership interest in the voting stock of the investee between 20% and 50%. Other factors, such as representation on the investee’s board of directors, voting rights and the impact of commercial arrangements are also considered in determining whether the equity method of accounting is appropriate. An investment in in-substance common stock is an investment in an entity that has risk and reward characteristics that are substantially similar to that entity’s common stock. The Company considers subordination, risks and rewards of ownership and obligation to transfer value when determining whether an investment in an entity is substantially similar to an investment in that entity’s common stock.

Under the equity method, the investment is initially recorded at cost and adjusted for the Company's share of undistributed earnings or losses of the investee. Investment losses are recognized until the investment is fully written down as the Company does not guarantee the investee's obligations nor it is committed to provide additional funding.

When the Company's carrying value in an equity method affiliated company is reduced to zero, no further losses are recorded in the Company's consolidated financial statements unless the Company guaranteed obligations of the affiliated company or has committed additional funding. When the affiliated company subsequently reports income, the Company will not record its share of such income until it exceeds the amount of its share of losses not previously recognized.

The Company’s management regularly evaluates the impairment of the equity investment based on performance and the financial position of the investee as well as other evidence of market value. Such evaluation includes, but is not limited to, reviewing the investee's cash position, recent financings, projected and historical financial performance, cash flow forecasts and financing needs. An impairment charge is recorded when the carrying amount of the investment exceeds its fair value and this condition is determined to be other-than-temporary.

Warrants and call options

Warrants and call options represent the financial instruments purchased by the Company to acquire additional equity interest if the counterparty fulfilled certain conditions during certain period of time. Such warrants and purchased call options are recorded at fair value at the acquisition date and carried at cost less impairment.

Cost method investments

For equity investments in an investee that are not considered debt securities or equity securities that have readily determinable fair values and over which the Company neither has significant influence nor control, the Company carries the investment at cost and recognizes income as any dividends declared from distribution of investee's earnings. The Company reviews the cost method investments for impairment whenever events or changes in circumstances indicate that the carrying value may no longer be recoverable. An impairment loss is recognized in earnings equal to the difference between the investment's cost and its fair value at the balance sheet date of the reporting period for which the assessment is made. The fair value of the investment would then become the new cost basis of the investment.

Held-to-Maturity investment

Held-to-maturity investment consists of debt securities that the Company purchased from SoFi Lending Corp., which will mature on July 3, 2032 and has a fixed annual interest rate of 4%. The Company has the positive intent and ability to hold the securities to maturity. The Company's held-to-maturity investment is classified as long-term investments on the consolidated balance sheets based on their contractual maturity dates and are stated at their amortized costs. In December 2016, the Company received the remainder of the principal and earned interest.

Available-for-sale investment

The Company’s investments in convertible redeemable preferred shares and convertible debt are classified as available-for-sale investments which are reported at fair value, with unrealized gains and losses recorded in accumulated other comprehensive income. The Company monitors the investments for OTTI by considering factors including, but not limited to, current economic and market conditions, the operating performance of the investees including current earnings trends, the Company’s intent and ability to hold the investment as well as other company-specific information. An impairment loss on the available-for-sale securities is recognized in the consolidated statements of operations and comprehensive income when the decline in value is determined to be other-than-temporary.

Accounts receivable and allowance for doubtful accounts

Accounts receivable represents those receivables derived in the ordinary course of business from continuing operations which mainly consists of online advertising services and IVAS. An allowance for doubtful accounts is provided based on aging analyses of accounts receivable balances, historical bad debt rates, repayment patterns and customer credit worthiness.

Financing receivable

Financing receivable represents receivables derived from the internet finance business. Financing receivable is recorded at amortized cost, reduced by a valuation allowance estimated as of the balance sheet date. The amortized cost of a financing receivable is equal to the unpaid principal balance, plus net deferred origination costs. Net deferred origination costs are comprised of certain direct origination costs, net of origination fees received. Origination fees include fees charged to the individuals or companies that increase the financing’s effective yield. Direct origination costs in excess of origination fees received are included in the financing receivable and amortized over the financing term using the effective interest method. Financing origination costs are limited to direct costs attributable to originating the financing, including commissions and personnel costs directly related to the time spent by those individuals performing activities related to the origination.

Due to limitations imposed by PRC laws and regulations, the Company appointed a senior management member (the “Intermediary”) to act as an intermediary to facilitate certain financing services for its internet finance business (the “Intermediary Business Model”). Under the Intermediary Business Model, each individual or company is arranged to sign the financing agreement with the Intermediary. The Company provides funds to the Intermediary to finance the individuals or companies in accordance with the financing agreement. Immediately upon signing a financing agreement with an individual or a company, the Intermediary then transfers all of the creditor’s rights arising from the financing agreement to the Company. Additionally, once investors are identified by the Company on Renren Licai, the Company transfers the underlying creditor’s rights to the investors through the Intermediary. The Company, through the Intermediary, agrees to repurchase the creditor's rights from the investors prior to or upon the maturity of the investment period therefore acting as a principal in the transaction.

Under the Intermediary Business Model, the Intermediary is acting as an agent for the Company. As noted above, the funds provided to the individuals and companies are obtained from the Company who further agrees to take all the risk arising from the potential breaches of agreement by the individuals or the companies receiving financing. Additionally, the Intermediary’s role is restricted to sign agreements with individuals and companies receiving financing, and investors and the Intermediary has no obligation to make any repayment to the investors once the creditors’ rights are transferred. As such, the Intermediary never puts his own funds at risk and bears no risk in the arrangement and is considered an agent.

In May 2016, the Company terminated all of its financing business conducted under the Intermediary Business Model. All subsequent financing has been performed by the Company.

Allowance for financing receivable

An allowance for financing receivable is established through periodic charges to the provision for financing receivable losses when the Company believes that the future collection of principal is unlikely. Subsequent recoveries, if any, are recorded as credits against the allowance. The Company evaluates the creditworthiness of its portfolio based on a pooled basis due to the composition of homogeneous financing with similar size and general credit risk characteristics for similar financing businesses. The Company considers the credit worthiness of the individuals and the companies receiving financing, aging of the outstanding financing receivable and other specific circumstances related to the financing when determining the allowance for financing receivable. The allowance is subjective as it requires material estimates including such factors as known and inherent risks in the financing portfolio, adverse situation that may affect the ability of the individuals and the companies receiving financing to repay and current economic conditions. Recovery of the carrying value of financing receivable is dependent to a great extent on conditions that are beyond the Company’s control.

Nonaccrual financing receivable

Financing income is calculated based on the contractual rate of the financing and recorded as financing income over the life of the financing using the effective interest method. Financing receivables are placed on non-accrual status upon reaching 90 days past due for these arising from financing for installment sales and apartment rental financing, or when reasonable doubt exists as to the full, timely collection of the financing receivable. When a financing receivable is placed on non-accrual status, the Company stops accruing financing income. Financing receivable is returned to accrual status if the related individual or company has performed in accordance with the contractual terms for a reasonable period of time and, in the Company’s judgment, will continue to make period principal and financing income payments as scheduled.

Transfer of financial instruments

Sales and transfers of financial instruments are accounted under authoritative guidance for the transfers and servicing of financial assets and extinguishment of liabilities.

Through Renren Licai, the Company identifies individual investors and transfers creditors’ rights originated from the aforementioned financing services to the individual investors. The Company further offers different investment periods to investors ranging from 1 to 12 months with various annual interest rates while those credit rights are held by the investors. The term of the sales require the Company to repurchase those creditors’ rights from investors prior to or upon the maturity of the investment period. As a result, the sales of those creditors’ rights are not accounted for as a sale and remain on the consolidated balance sheet and are recorded as payable to investors in the Company’s consolidated balance sheet.

Property and equipment, net

Property and equipment, net is carried at cost less accumulated depreciation. Depreciation is calculated on a straight-line basis over the following estimated useful lives:

Building	46 years
Furniture and vehicles	5 years
Computer equipment and application software	2-3 years
Leasehold improvements	Over the lesser of the lease term or useful life of the assets

Intangible assets with indefinite lives

If an intangible asset is determined to have an indefinite life, it should not be amortized until its useful life is determined to be no longer indefinite. An intangible asset that is not subject to amortization is tested for impairment at least annually or more frequently if events or changes in circumstances indicate that the asset might be impaired. Such impairment test consists of the fair values of assets and their carrying value amounts and an impairment loss is recognized if and when the carrying amounts exceed the fair values. The estimates of fair values of intangible assets not subject to amortization are determined using various discounted cash flow valuation methodologies. Significant assumptions are inherent in this process, including estimates of discount rates. Discount rate assumptions are based on an assessment of the risk inherent in the respective intangible assets. For the years ended December 31, 2014, 2015 and 2016, the Company recorded impairment loss for indefinite-lived intangible assets from discontinued operations of $13,658, $nil and $nil, and from continuing operations of $nil, $nil and $nil respectively.

Impairment of long-lived assets and intangible assets with definite lives

Long-lived assets, such as property and equipment and definite-lived intangible assets are stated at cost less accumulated depreciation or amortization. Depreciation and amortization is computed using the straight-line method.

The Company evaluates the recoverability of long-lived assets, including identifiable intangible assets, with determinable useful lives whenever events or changes in circumstances indicate that an intangible asset's carrying amount may not be recoverable. The Company measures the carrying amount of long-lived asset against the estimated undiscounted future cash flows associated with it. Impairment exists when the sum of the expected future net cash flows is less than the carrying value of the asset being evaluated. Impairment loss is calculated as the amount by which the carrying value of the asset exceeds its fair value. Fair value is estimated based on various valuation techniques, including the discounted value of estimated future undiscounted cash flows. The evaluation of asset impairment requires the Company to make assumptions about future cash flows over the life of the asset being evaluated. These assumptions require significant judgment and actual results may differ from assumed and estimated amounts. For the years ended December 31, 2014, 2015 and 2016, the Company recorded impairment loss for intangible assets with definite life from discontinued operations of $1,496, $nil and $nil, and from continuing operations of $307, $nil and $nil, respectively.

Goodwill

Goodwill represents the excess of the purchase price over the fair value of identifiable net assets acquired in business combinations.

Goodwill is not amortized, but tested for impairment upon first adoption and annually, or more frequently if event and circumstances indicate that they might be impaired.

Application of the goodwill impairment test requires judgment, including the identification of reporting units, assignment of assets and liabilities to reporting units, assignment of goodwill to reporting units, and determination of the fair value of each reporting unit. The fair value of each reporting unit is estimated using a discounted cash flow methodology. This analysis requires significant judgments, including estimation of future cash flows, which is dependent on internal forecasts, and assumptions that are consistent with the plans and estimates being used to manage the Company's business, estimation of the long-term rate of growth for the Company's business, estimation of the useful life over which cash flows will occur, and determination of the Company's weighted average cost of capital. The estimates used to calculate the fair value of a reporting unit change from year to year based on operating results and market conditions. Changes in these estimates and assumptions could materially affect the determination of fair value and goodwill impairment for the reporting unit.

The Company performs a two-step goodwill impairment test. The first step compares the fair values of each reporting unit to its carrying amount, including goodwill. If the fair value of a reporting unit exceeds its carrying amount, goodwill is not considered impaired and the second step will not be required. If the carrying amount of a reporting unit exceeds its fair value, the second step compares the implied fair value of the affected reporting unit's goodwill to the carrying value of that goodwill. The implied fair value of goodwill is determined in a manner similar to accounting for a business combination with the allocation of the assessed fair value determined in the first step to the assets and liabilities of the reporting unit. The excess of the fair value of the reporting unit over the amounts assigned to the assets and liabilities is the implied fair value of goodwill. This allocation process is only performed for purposes of evaluating goodwill impairment and does not result in an entry to adjust the value of any assets or liabilities. An impairment loss is recognized for any excess in the carrying value of goodwill over the implied fair value of goodwill. In estimating the fair value of each reporting unit the Company estimates the future cash flows of each reporting unit, the Company has taken into consideration the overall and industry economic conditions and trends, market risk of the Company and historical information. The Company recorded $46,864, $nil and $nil impairment charges of goodwill for the years ended December 31, 2014, 2015 and 2016, respectively.

Revenue recognition

The Company recognizes revenues when persuasive evidence of an arrangement exists, delivery has occurred, the sales price is fixed or determinable, and collectability is reasonably assured.

Online advertising revenues

The Company provides advertisement placement services in its SNS platforms and online games. The Company primarily enters into pay-for-time contracts, under which the Company bills its customers based on the period of time to display the advertisements in the specific formats on specific web pages. The Company also enters into pay-for-volume arrangements, under which it bills its customers on the traffic volume basis, e.g. pay-per-click or pay-per-impression.

For pay-for-time contracts, revenue is recognized ratably over the period the advertising is displayed. For pay-for-volume contracts, revenue is recognized based on traffic volume tracked and the pre-agreed unit price.

Contractual billings in excess of recognized revenue and payments received in advance of revenue recognition are recorded as deferred revenues.

The Company principally enters into advertising placement contracts with advertisers' advertising agents and the Company offers volume rebates to certain advertisers' advertising agents. The Company recognizes estimated rebates as the reduction of revenues based on a systematic and rational allocation of the cost of honoring rebates earned and claimed to each of the underlying revenue transactions that results in progress by the customer toward earning the rebate or refund. Estimation of the total rebate is based on the estimates of the sales volume to be reached based on the historic experience of the Company. If amounts of future rebates cannot be reasonably estimated, a liability will be recognized for the maximum potential amount of the rebates.

Live streaming revenue

The Company generates live streaming revenue from both "Woxiu" and Renren mobile live streaming.

"Woxiu", which translates into "a show of your own" in Chinese, is a virtual stage the Company initially offered on the 56.com platform and then on the “Woxiu” platform after the completion of the disposition of 56.com (see Note 4.2). On "Woxiu", grassroots musicians and performers can live-stream their performances and share with viewers. Fans of the performing user can chat along with the performer and other live audience and purchase consumable virtual items on the platform with virtual currencies to show support to the performers. In the second quarter of 2016, the Company also launched its live streaming service on its Renren mobile terminal.

For both "Woxiu" and Renren mobile live streaming, the amount of virtual currencies consumed is maintained by the Company’s operating system and will be automatically deducted from users' accounts when the virtual currencies are used. Revenue is recognized monthly based on the virtual currencies consumed. The Company pays the performers a certain percentage of the virtual currencies consumed. The Company recognizes total revenue on a gross basis, and the commission paid to performers is recorded as cost of revenues. The Company calculates the amount of revenues recognized for each unit of virtual currency consumed using a moving weighted average method by dividing the total cumulative unrecognized deferred revenues by total unconsumed virtual currency.

Internet finance services

The Company generates revenue from its internet finance services business primarily through financing provided to used automobile dealers. Additionally, the Company also provided credit financing to college students on Renren Fenqi as well as apartment rental financing during the years ended December 31, 2015 and 2016. Both of those services were terminated in May 2016 and January 2016, respectively. The Company records financing income and service fees related to those services over the life of the underlying financing using the effective interest method on unpaid principal amounts. The service fees collected upfront, as well as the direct origination costs for the financing, are deferred and recognized as financing income as an adjustment to the yield on a straight line basis over the life of the portfolio financing.

-Used automobile financing

The Company provides short-term financing services to used automobile dealers to fund the car dealers’ cash needs for used automobile purchasing. The financing period is no more than 6 months and is secured by a pledge of the dealers' used automobiles with total value exceeding the principal of the financing. The Company charges an upfront service fee as well as financing income on a monthly basis.

-Financing for installment sales to college students

During the year ended December 31, 2015 and part of 2016, the Company provided financing services to college students on installment sales, through which students were able to purchase products online on Renren Fenqi or from other third-party online merchants through the Renren Fenqi platform and make payments on a monthly basis in 1 to 24 installments. The Company charged fees earned on the financing. The Company was not responsible for providing any post sale support or make any changes to the products and concluded that it was merely acting as an agent recording the related financing fee charged to the students ratably over the life of the underlying financing. The Company discontinued this service in May, 2016.

-Other financing

During the year ended December 31, 2015 and part of 2016, the Company provided rental financing services to individuals who are referred by apartment agents and needed funding to make a lump sum down payment to the apartment agents for a favorable discount of rental fee, as well as micro cash financing services to college students to fund their short-term consumption within a period of no more than 6 months. The Company generally charged financing income and service fees on a monthly basis. The Company discontinued this service in January 2016

In addition to the service fee charged for the above financing services, the Company also receives fees contingent on future events, mainly penalty fees for late repayment of the financing. Those contingent fees were immaterial for all periods presented.

Online game revenues

The Company generates revenues from the provision of online game, primarily web-based online game services. The online games can be accessed and played by end users free of charge but the end users may choose to purchase in-game merchandise or premium features to enhance their game playing experience using virtual currencies. The end users can purchase virtual currencies by making direct online payments or purchasing prepaid cards ("PP-Cards"). The Company uses on-line payment services operated by independent service providers and pays a fee for such services. Net proceeds received from these service providers after deduction of service fees are recorded as deferred revenues. The Company sells PP-Cards through distributors at a discount to the face value of the PP-Card. As the Company does not have control over and generally does not know the ultimate selling price of the PP-Cards sold by the distributors, net proceeds received from distributors after deduction of sales discounts are recorded as deferred revenues.

End users consume virtual currencies by purchasing in-game merchandise or premium features online. The Company calculates the monetary value of each unit of virtual currency consumed using a moving weighted average method by dividing the total cumulative unrecognized deferred revenues by total unconsumed virtual currencies monthly in advance.

The Company categorizes in-game merchandise or premium features as either consumptive or permanent. For the consumptive in-game merchandise or premium features, revenues are recognized when the in-game merchandise or premium features are first used by the end users. For the permanent in-game merchandise or premium features, revenues are recognized ratably over the estimated average playing period of paying players for each applicable game, which represents the Company's best estimate of the estimated average life of permanent in-game merchandise or premium features.

In estimating the average playing period of paying players for each applicable game, the Company considers the charging data, which are affected by various factors such as acceptance and popularity of the game, the game updates and other in-game items, promotional events launched, future operating strategies and market conditions. Given the short operating history of the Company's online games, the estimated average playing period of paying players for each applicable game may not accurately reflect the actual lives of the permanent in-game merchandise or premium features in that game. The Company reviews, at least annually, the average playing period of paying players for all applicable games to determine whether the estimated lives for permanent in-game merchandise or premium features remain reasonable. Based on the Company's latest review, such estimated lives remain reasonable and have not changed significantly over time. The Company may revise its estimates as it continues to collect operating data, and refine its estimation process and results accordingly. All paying players' data in an applicable game collected since the launch date of such game are used to perform the relevant assessment for that applicable game.

If there is insufficient player data to determine the average playing period of paying players for an applicable game, such as in the case of a newly launched game, the Company estimates the average playing period of paying players based on other similar games the Company or third parties operate, taking into account of the game profile, the target audience and the appeal to paying players of different demographics, until sufficient data is collected, which is normally up to 12 months after launch.

The amount associated with unused virtual currencies, which are without contractual expiration term, is carried as deferred revenues indefinitely as the Company was not able to reasonably estimate the amount of virtual currency which will be ultimately given up by the users.

The Company also entered into revenue sharing agreements with various third-party game developers, under which the Company provides links of online games developed by those third-party game developers on the Company's platforms while the third-party game developers operate the games, including providing game software, hardware, technical support and customer services. All of the web games developed by third-party game developers can be accessed and played by game players on the Company's platforms without downloading separate software. The Company views the game developers to be its customers and considers its responsibility under such agreements to be that of distribution and payment collection for such games. The Company primarily collects payments from game players in connection with the sale of in-game currencies and remits the agreed-upon percentages of the proceeds to the game developers with the residual portion of such proceeds being deferred for revenue recognition until the estimated consumption date (the estimated date by which in-game currencies are consumed within the games for purchase of in-game merchandise or premium features), which is typically within a short period of time after the purchase of the in-game currencies. Purchase of in-game currencies is not refundable unless there is unused in-game currency at the time a game is discontinued. Typically, a game will only be discontinued when the monthly revenue generated by a game becomes insignificant.

During 2015, the Company reached a resolution to dispose of the Online Gaming; the disposal was completed in March 2016. As such, online gaming revenues are included in discontinued operations for all periods presented (see Note 4.3).

Cost of revenues

Cost of revenues consists of costs directly related to online advertising and IVAS business as well as costs incurred related to the internet financing operations which mostly include interest expenses paid to investors on Renren Licai and interest paid for asset-backed securities as well as provisions for financing receivables losses.

Business taxes

The Company reports revenue net of business taxes. Business taxes deducted in arriving at net revenue during 2014, 2015 and 2016 were $nil, $25 and $77, respectively.

Value added taxes

The value-added tax ("VAT") is also reported as a deduction to revenue when incurred and amounted to $2,356, $1,217 and $4,080 for the years ended December 31, 2014, 2015 and 2016, respectively. Entities that are VAT general taxpayers are allowed to offset qualified input VAT paid to suppliers against their output VAT liabilities. Net VAT balance between input VAT and output VAT is recorded in accrued expense and other current liabilities on the consolidated balance sheet.

Income taxes

Current income taxes are provided for in accordance with the laws of the relevant tax authorities.

Deferred income taxes are recognized when temporary differences exist between the tax basis of assets and liabilities and their reported amounts in the financial statements. Net operating loss carry forwards and credits are applied using enacted statutory tax rates applicable to future years. Deferred tax assets are reduced by a valuation allowance when, in the opinion of management, it is more-likely-than-not that a portion of or all of the deferred tax assets will not be realized. The components of the deferred tax assets and liabilities are individually classified as current and non-current based on their characteristics.

The impact of an uncertain income tax position on the income tax return is recognized at the largest amount that is more-likely-than-not to be sustained upon audit by the relevant tax authority. An uncertain income tax position will not be recognized if it has less than a 50% likelihood of being sustained. Interest and penalties on income taxes will be classified as a component of the provisions for income taxes. The Company did not recognize any income tax due to uncertain tax position or incur any interest and penalties related to potential underpaid income tax expenses for the years ended December 31, 2014, 2015 and 2016, respectively.

Financial instruments

Financial instruments include cash and cash equivalents, term deposits, restricted cash, accounts receivable, financing receivable, amounts due from/to related parties, short-term investments, long-term financing receivable, long-term investments, accounts payable, short-term debt, payable to investors, long-term debt, written put option and liability-classified warrant.

The fair value of cash and cash equivalents, term deposits, restricted cash, accounts receivable, amounts due from/to related parties, accounts payables, short-term debt and payable to investors approximate their carrying amounts reported in the consolidated balance sheets due to the short-term maturity of these instruments. The short-term investments, written put option, available-for-sale investments and liability-classified warrant are carried at fair value. The carrying value of financing receivables approximates fair value which was estimated by discounting scheduled cash flows through the estimated maturity with estimated discount rates based on current offering rates of comparable loans with similar terms. The carrying value of long-term debt approximates fair value as its interest rates are at the same level of the current market yield for comparable debts. The cost method investments are carried at carrying value and held-to-maturity investments are carried at amortized cost.

Research and development expenses

Research and development expenses are primarily incurred for development of new services, features and products for the Company's SNS, online games, internet finance business as well as further improve the Company's technology infrastructure to support these businesses. The Company has expensed all research and development costs when incurred.

Foreign currency translation

The functional and reporting currency of the Company is the United States dollar ("US dollar"). The financial records of the Company's subsidiaries and VIEs located in the PRC, Japan, Taiwan, Hongkong and Korea are maintained in their local currencies, Renminbi ("RMB"), Japanese Yen ("JPY"), New Taiwan Dollar ("TWD"), Hong Kong Dollar ("HKD") and Korea Won ("KRW"), respectively, which are also the functional currencies of these entities.

Monetary assets and liabilities denominated in currencies other than the functional currency are translated into the functional currency at the rates of exchange ruling at the balance sheet date. Transactions in currencies other than the functional currency during the year are converted into functional currency at the applicable rates of exchange prevailing when the transactions occurred. Transaction gains and losses are recognized in the statements of operations.

The Company's entities with functional currency of RMB, TWD, HKD, KRW and JPY, translate their operating results and financial positions into US dollar, the Company's reporting currency. Assets and liabilities are translated using the exchange rates in effect on the balance sheet date. Equity amounts are translated at historical exchange rates. Revenues, expenses, gains and losses are translated using the average rates for the year. Translation adjustments are reported as cumulative translation adjustments and are shown as a separate component in the statements of comprehensive (loss) income.

Comprehensive (loss) income

Comprehensive (loss) income includes net income or loss, unrealized gain (loss) on short-term investments, long-term available-for-sale investments and foreign currency translation adjustments and is reported in the consolidated statements of comprehensive (loss) income.

Share-based compensation

Share-based payment transactions with employees, such as share options are measured based on the grant date fair value of the equity instrument. The Company recognizes the compensation costs net of estimated forfeitures using the straight-line method, over the applicable vesting period. The estimate of forfeitures will be adjusted over the requisite service period to the extent that actual forfeitures differ, or are expected to differ, from such estimates. Changes in estimated forfeitures will be recognized through a cumulative catch-up adjustment in the period of change and will also impact the amount of stock compensation expense to be recognized in future periods. Share options granted to employees with market conditions attached are measured at fair value on the grant date and are recognized as the compensation costs over the estimated requisite service period, regardless of whether the market condition has been met.

Share awards issued to non-employees are measured at fair value at the earlier of the commitment date or the date the service is completed and recognized over the period the service is provided.

A change in any of the terms or conditions of share options is accounted for as a modification of stock options. The Company calculates the incremental compensation cost of a modification as the excess of the fair value of the modified option over the fair value of the original option immediately before its terms are modified, measured based on the share price and other pertinent factors at the modification date. For vested options, the Company recognizes incremental compensation cost in the period the modification occurred. For unvested options, the Company recognizes, over the remaining requisite service period, the sum of the incremental compensation cost and the remaining unrecognized compensation cost for the original award on the modification date.

Earnings per share

Basic earnings (loss) per ordinary share is computed by dividing net income (loss) attributable to ordinary shareholders by the weighted average number of ordinary shares outstanding during the period.

Diluted earnings per ordinary share reflect the potential dilution that could occur if securities were exercised or converted into ordinary shares. The Company had stock options, which could potentially dilute basic earnings per share in the future. For market-based stock awards, the options are included in the computation of diluted earnings per share if the market condition has been met at the end of reporting period. To calculate the number of shares for diluted income per share, the effect of share options is computed using the treasury stock method. Potential ordinary shares in the diluted net loss per share computation are excluded in periods of losses from continuing operations as their effect would be anti-diluted.

Accounting pronouncements newly adopted

In February 2015, the FASB issued ASU 2015-02, “Consolidation (Topic 810) — Amendments to the Consolidation Analysis”. The amendments in Topic 810 respond to stakeholders’ concerns about the current accounting for consolidation of variable interest entities, by changing aspects of the analysis that a reporting entity must perform to determine whether it should consolidate such entities. Under the amendments, all reporting entities are within the scope of Subtopic 810-10, Consolidation – Overall, including limited partnerships and similar legal entities, unless a scope exception applies. The amendments are intended to be an improvement to current U.S. GAAP, as they simplify the codification of FASB Statement No. 167, Amendments to FASB Interpretation No. 46 (R), with changes including reducing the number of consolidation models through the elimination of the indefinite deferral of Statement 167 and placing more emphasis on risk of loss when determining a controlling financial interest. The amendments are effective for publicly-traded companies for fiscal years beginning after December 15, 2015, and for interim periods within those fiscal years. Earlier adoption is permitted. The Company adopted this ASU on January 1, 2016. The adoption of this guidance did not have a significant effect on the Company’s consolidated financial statements.

Recent accounting pronouncements not yet adopted

In May 2014, the FASB issued, ASU 2014-09, “Revenue from Contracts with Customers (Topic 606)”. The guidance substantially converges final standards on revenue recognition between the FASB and the International Accounting Standards Board providing a framework on addressing revenue recognition issues and, upon its effective date, replaces almost all exiting revenue recognition guidance, including industry-specific guidance, in current U.S. generally accepted accounting principles.

The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. To achieve that core principle, an entity should apply the following steps:

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Step 1: Identify the contract (s) with a customer.

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Step 2: Identify the performance obligations in the contract.

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Step 3: Determine the transaction price.

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Step 4: Allocate the transaction price to the performance obligations in the contract.

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Step 5: Recognize revenue when (or as) the entity satisfies a performance obligation.

In August 2015, FASB issued its final standard formally amending the effective date of the new revenue recognition guidance. The amendments in this ASU are effective for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. Earlier application is permitted only as of annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period. The Company is in the process of evaluating the impact of adoption of this guidance on its consolidated financial statements.

In November 2015, the FASB issued a new pronouncement which changes how deferred taxes are classified on organizations’ balance sheets. The ASU eliminates the current requirement for organizations to present deferred tax liabilities and assets as current and noncurrent in a classified balance sheet. Instead, organizations will be required to classify all deferred tax assets and liabilities as noncurrent. The amendments apply to all organizations that present a classified balance sheet. For public companies, the amendments are effective for financial statements issued for annual periods beginning after December 15, 2016, and interim periods within those annual periods. Earlier application is permitted for all entities as of the beginning of an interim or annual reporting period. The Company does not expect the adoption of this guidance will have a significant effect on its consolidated financial statements.

In January 2016, the FASB issued a new pronouncement which is intended to improve the recognition and measurement of financial instruments. The ASU affects public and private companies, not-for-profit organizations, and employee benefit plans that hold financial assets or owe financial liabilities.

The new guidance makes targeted improvements to existing US GAAP by:

Requiring equity investments (except those accounted for under the equity method of accounting, or those that result in consolidation of the investee) to be measured at fair value with changes in fair value recognized in net income;

Requiring public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes;

Requiring separate presentation of financial assets and financial liabilities by measurement category and form of financial asset (i.e., securities or loans and receivables) on the balance sheet or the accompanying notes to the financial statements;

Eliminating the requirement to disclose the fair value of financial instruments measured at amortized cost for organizations that are not public business entities;

Eliminating the requirement for public business entities to disclose the method(s) and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments measured at amortized cost on the balance sheet; and

Requiring a reporting organization to present separately in other comprehensive income the portion of the total change in the fair value of a liability resulting from a change in the instrument-specific credit risk (also referred to as “own credit”) when the organization has elected to measure the liability at fair value in accordance with the fair value option for financial instruments.

The new guidance is effective for public companies for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. The new guidance permits early adoption of the own credit provision. The Company is currently evaluating the impact on its consolidated financial statements of adopting this guidance.

In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842). The guidance supersedes existing guidance on accounting for leases with the main difference being that operating leases are to be recorded in the statement of financial position as right-of-use assets and lease liabilities, initially measured at the present value of the lease payments. For operating leases with a term of 12 months or less, a lessee is permitted to make an accounting policy election not to recognize lease assets and liabilities. For public business entities, the guidance is effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Early application of the guidance is permitted. In transition, entities are required to recognize and measure leases at the beginning of the earliest period presented using a modified retrospective approach. The Company is currently evaluating the impact on its consolidated financial statements of adopting this guidance, but expects that most existing operating lease commitments will be recognized as operating lease obligations and right-of-use assets as a result of this adoption.

In March 2016, the FASB issued a new pronouncement ASU 2016-07, Investments—Equity Method and Joint Ventures (Topic 323): Simplifying the Transition to the Equity Method of Accounting, which affects all entities that have an investment that becomes qualified for the equity method of accounting as a result of an increase in the level of ownership interest or degree of influence. The amendments eliminate the requirement that when an investment qualifies for use of the equity method as a result of an increase in the level of ownership interest or degree of influence, an investor must adjust the investment, results of operations, and retained earnings retroactively on a step-by-step basis as if the equity method had been in effect during all previous periods that the investment had been held. The amendments require that the equity method investor add the cost of acquiring the additional interest in the investee to the current basis of the investor’s previously held interest and adopt the equity method of accounting as of the date the investment becomes qualified for equity method accounting. Therefore, upon qualifying for the equity method of accounting, no retroactive adjustment of the investment is required. The amendments require that an entity that has an available-for-sale equity security that becomes qualified for the equity method of accounting recognize through earnings the unrealized holding gain or loss in accumulated other comprehensive income at the date the investment becomes qualified for use of the equity method. The amendments should be applied prospectively upon their effective date to increases in the level of ownership interest or degree of influence that result in the adoption of the equity method. The amendments are effective for all entities for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2016. Earlier application is permitted. The Company is currently evaluating the impact on its consolidated financial statements of adopting this guidance.

In March 2016, the FASB issued ASU 2016-09, Compensation - Stock Compensation (Topic 718). The new guidance simplifies certain aspects related to income taxes, statement of cash flows, and forfeitures when accounting for share-based payment transactions. This new guidance will be effective for the Company for the first reporting period beginning after December 15, 2016, with earlier adoption permitted. Certain of the amendments related to timing of the recognition of tax benefits and tax withholding requirements should be applied using a modified retrospective transition method. Amendments related to the presentation of the statement of cash flows should be applied retrospectively. All other provisions may be applied on a prospective or modified retrospective basis. The Company is currently evaluating the impact on its consolidated financial statements of adopting this guidance.

In June 2016, the FASB issued a new pronouncement ASU 2016-13, Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, which is intended to improve financial reporting by requiring timelier recording of credit losses on loans and other financial instruments held by financial institutions and other organizations. The ASU requires the measurement of all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. Financial institutions and other organizations will now use forward-looking information to better inform their credit loss estimates. Many of the loss estimation techniques applied today will still be permitted, although the inputs to those techniques will change to reflect the full amount of expected credit losses. Organizations will continue to use judgment to determine which loss estimation method is appropriate for their circumstances. The ASU requires enhanced disclosures to help investors and other financial statement users better understand significant estimates and judgments used in estimating credit losses, as well as the credit quality and underwriting standards of an organization’s portfolio. These disclosures include qualitative and quantitative requirements that provide additional information about the amounts recorded in the financial statements. In addition, the ASU amends the accounting for credit losses on available-for-sale debt securities and purchased financial assets with credit deterioration. The ASU is effective for SEC filers for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019. Early application will be permitted for all organizations for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. The Company is currently evaluating the impact on its consolidated financial statements of adopting this guidance.

In August 2016, the FASB issued a new pronouncement ASU 2016-15, which amends the guidance in ASC 230 on the classification of certain cash receipts and payments in the statement of cash flows. The primary purpose of the ASU is to reduce the diversity in practice that has resulted from the lack of consistent principles on this topic. The ASU’s amendments add or clarify guidance on eight cash flow issues:

Debt prepayment or debt extinguishment costs.

Settlement of zero-coupon debt instruments or other debt instruments with coupon interest rates that are insignificant in relation to the effective interest rate of the borrowing.

Contingent consideration payments made after a business combination.

Proceeds from the settlement of insurance claims.

Proceeds from the settlement of corporate-owned life insurance policies, including bank-owned life insurance policies.

Distributions received from equity method investees.

Beneficial interests in securitization transactions.

Separately identifiable cash flows and application of the predominance principle.

For public business entities, the guidance in the ASU is effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. Early adoption is permitted for all entities. Entities must apply the guidance retrospectively to all periods presented but may apply it prospectively from the earliest date practicable if retrospective application would be impracticable. The Company is currently evaluating the impact on its consolidated financial statements of adopting this guidance.

In November 2016, the FASB issued a new pronouncement, ASU 2016-18, which amends ASC 230 to add or clarify guidance on the classification and presentation of restricted cash in the statement of cash flows. Key requirements of the ASU are as follows:

An entity should include in its cash and cash-equivalent balances in the statement of cash flows those amounts that are deemed to be restricted cash and restricted cash equivalents. The ASU does not define the terms “restricted cash” and “restricted cash equivalents” but states that an entity should continue to provide appropriate disclosures about its accounting policies pertaining to restricted cash in accordance with other GAAP. The ASU also states that any change in accounting policy will need to be assessed under ASC 250.

A reconciliation between the statement of financial position and the statement of cash flows must be disclosed when the statement of financial position includes more than one line item for cash, cash equivalents, restricted cash, and restricted cash equivalents.

Changes in restricted cash and restricted cash equivalents that result from transfers between cash, cash equivalents, and restricted cash and restricted cash equivalents should not be presented as cash flow activities in the statement of cash flows.

An entity with a material balance of amounts generally described as restricted cash and restricted cash equivalents must disclose information about the nature of the restrictions.

For public business entities, the amendments are effective for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. Early adoption is permitted, including adoption in an interim period. The Company is currently evaluating the impact on its consolidated financial statements of adopting this guidance.

SIGNIFICANT RISKS AND UNCERTAINTIES

12 Months Ended

Dec. 31, 2016

SIGNIFICANT RISKS AND UNCERTAINTIES [Abstract]

SIGNIFICANT RISKS AND UNCERTAINTIES

3.	SIGNIFICANT RISKS AND UNCERTAINTIES

Foreign currency risk

The RMB is not a freely convertible currency. The State Administration for Foreign Exchange, under the authority of the People's Bank of China, controls the conversion of RMB into foreign currencies. The value of the RMB is subject to changes in central government policies and to international economic and political developments affecting supply and demand in the China Foreign Exchange Trading System market. Cash and cash equivalents of the Company included aggregate amounts of $28,962 and $29,027 at December 31, 2015 and 2016, respectively, which were denominated in RMB.

Concentration of credit risk

Financial instruments that potentially expose the Company to concentrations of credit risk consist primarily of cash, cash equivalents, term deposits, short-term investment, accounts receivable, financing receivable and amounts due from related parties. The Company places their cash, cash equivalents, term deposits and short-term investment, with financial institutions with high-credit ratings and quality. The Company conducts credit evaluations of customers in online advertising and internet finance business, and requires collateral or other security from the customers for certain of the financing receivable as described in Note 6.

There were no customers that accounted for 10% or more of total net revenue for the years ended December 31, 2014, 2015 and 2016.

There was one customer who accounted for 13% of the balance of accounts receivable as of December 31, 2016. No other customers accounted for 10% or more of the balance of accounts receivable or financing receivable as of December 31, 2015 and 2016.

DISCONTINUED OPERATIONS

12 Months Ended

Dec. 31, 2016

DISCONTINUED OPERATIONS [Abstract]

DISCONTINUED OPERATIONS

4.	DISCONTINUED OPERATIONS

4.1 Deconsolidation of Nuomi Inc. and its subsidiaries

Nuomi Inc. and its subsidiaries (collectively the "Nuomi") primarily provided deep-discount localized social commerce services and products through Nuomi.com to Nuomi users. Entertainment, dining, health and beauty services made up the majority of its social commerce deals.

On August 23, 2013, the Company, Baidu Holdings Limited ("Baidu") and Nuomi Inc., entered into a share purchase agreement whereby Baidu would purchase the newly issued shares of Nuomi Inc.. On a fully-diluted basis, upon the completion of the transaction on October 26, 2013, the Company's ownership of Nuomi Inc. was reduced to 31.61%. As a result, from October 26, 2013, the Company no longer retained power of control over Nuomi and accordingly deconsolidated Nuomi's financial statements from the Company's consolidated financial statements.

On October 26, 2013, the Company used the equity method to account for the investment in Nuomi Inc. amounting to $63,626, which represented the fair value of 31.61% equity interest in Nuomi Inc. and was determined by the Company with the assistance of an independent valuation firm.

In February 2014, the Company sold the remaining 31.61% equity interest in Nuomi Inc. to Baidu in the amount of $68,066 with a gain of $56,993 (see Note 7).

4.2 Deconsolidation of Qianjun Technology

On October 28, 2014, the Company, the nominee shareholder of Qianjun Technology and a subsidiary of Sohu.com (“Sohu”), entered into a share purchase agreement, whereby Sohu would acquire 100% ownership of Qianjun Technology in the amount of $25,000, of which $21,831 was related to the repayment of intercompany loan provided by the Company to Qianjun Technology.

Upon the completion of the change of commerce registration, on December 1, 2014, the Company no longer retained power of control over Qianjun Technology and accordingly deconsolidated Qianjun Technology’s financial statement from the Company’s consolidated financial statements.

On December 1, 2014, the Company calculated a gain regarding such disposition as follows:

		As of
	Note	December 1, 2014

The proceeds		$	25,000
Less: The repayment of intercompany loan provided by the Company			21,831
Net consideration			3,169

Less: Cash and cash equivalents			168
Other current assets			3,654
Property and equipment, net			2,347
Intangible assets, net			11,509
Goodwill			13,652
Other non-current assets			78
Income tax payable			(426)
Current liabilities			(8,426)
Amount due to Sohu related to the repayment of intercompany loan			(21,831)

Net assets of Qianjun Technology			725

Less: Transaction related cost	(i)		1,955

Gain on deconsolidation of Qianjun Technology		$	489

(i)

The transaction related cost represents the incremental cost resulting from the acceleration of the vesting of the nonvested restricted shares, which were granted to the employee of Qianjun Technology, to be fully vested on the disposition day (see Note 16).

4.3 Disposition of Online Gaming

On November 19, 2015, the Company reached a resolution to dispose of its Online Gaming which was subsequently sold in March 2016 for a gross consideration of $17,500, of which $7,500 was related to the repayment of intercompany loans provided by the Company to its Online Gaming business. The disposal of the Online Gaming represented a strategic shift and has a major effect on the Company’s result of operations. Accordingly, assets, liabilities, revenues and expenses and cash flows related to the Online Gaming entities have been reclassified in the accompanying consolidated financial statements as discontinued operations for all periods presented. Additionally, long-lived assets classified as held for sale as of December 31, 2015 were measured at the lower of their carrying amount or fair value less cost to sell.

From March 31, 2016, the Company no longer retained power of control over Online Gaming and accordingly deconsolidated the Online Gaming’s financial statement from the Company’s consolidated financial statements.

On March 31, 2016, the Company calculated a gain regarding such disposition as follows:

	As of
	March 31, 2016

The proceeds	$	17,500
Less: The repayment of intercompany loan provided by the Company		7,500

Net consideration		10,000

Less: Cash and cash equivalents		15,982
Prepaid expenses and other current assets		2,737
Property and equipment, net		194
Intangible assets, net		263
Other non-current assets		1,508
Accounts payable		(1,209)
Accrued expenses and other current liabilities		(7,062)
Amount due to the Company		(7,500)
Deferred revenue		(3,677)

Net assets of Online Gaming		1,236

Less: Tax expenses		454

Gain on deconsolidation of Online Gaming	$	8,310

The condensed cash flow of Online Gaming were as follows for the years ended December 31, 2014, 2015 and 2016:

	Years ended December 31,
	2014		2015		2016

Net cash provided by (used in) operating activities	$	13,404	$	(10,164)	$	11,171
Net cash (used in) provided by investing activities	$	(1,668)	$	(1,304)	$	25

The operating results from discontinued operations included in the Company's consolidated statement of operations were as follows for the years ended December 31, 2014, 2015 and 2016.

	Years ended December 31,
	2014						2015		2016
			Qianjun
	Nuomi Inc.		Technology		Renren Games		Renren Games		Renren Games

Major classes of line items constituting pretax profit (loss) of discontinued operations
Net revenues		-	$	6,822	$	36,286	$	17,071	$	1,699
Cost of revenues		-		(15,361)		(13,309)		(9,426)		(871)
Selling, research and development, and general and administrative expenses		-		(11,018)		(16,534)		(6,362)		(485)
Impairment of intangible assets		-		(13,536)		(714)		-		-
Other income and expenses that are not major		-		1,963		(2,114)		1,181		150
(Loss) income from the operations of the discontinued operations, before income tax		-		(31,130)		3,615		2,464		493
Income tax benefit (expenses)		-		321		-		(944)		(102)
(Loss) income from the operations of the discontinued operations, net of tax		-		(30,809)		3,615		1,520		391

Gain on deconsolidation of the subsidiaries, net of tax		-		489		-		-		8,310

Gain on disposal of equity method investment, net of tax		56,993		-		-		-		-

Gain (loss) from the discontinued operations, net of tax	$	56,993	$	(30,320)	$	3,615	$	1,520	$	8,701

All notes to the accompanying consolidated financial statements have been retrospectively adjusted to reflect the effect of the discontinued operations, where applicable.

The entire disclosure related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.

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Reference 3: http://www.xbrl.org/2003/role/presentationRef
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ACCOUNTS AND NOTES RECEIVABLE [Abstract]

ACCOUNTS RECEIVABLE

12 Months Ended

Dec. 31, 2016

ACCOUNTS RECEIVABLE

5.	ACCOUNTS RECEIVABLE

Accounts receivable consists of the following:

	As of December 31,
	2015		2016

Accounts receivable	$	7,296	$	7,541
Allowance of doubtful accounts		(3,252)		(2,839)

Accounts receivable, net	$	4,044	$	4,702

Accounts receivable mainly represent amounts earned under advertising contracts at the respective balance sheet dates. These amounts become billable according to the contract term.

Movement of allowance for doubtful accounts is as follows:

	As of December 31,
	2014		2015		2016

Balance at beginning of year	$	1,143	$	2,946	$	3,252
Charge to expenses		2,090		788		(205)
Transferring out as a result of deconsolidation of subsidiaries		(247)		-		-
Exchange difference		(40)		(482)		(208)

Balance at end of year	$	2,946	$	3,252	$	2,839

The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses.

PREPAID EXPENSES AND OTHER CURRENT ASSETS [Abstract]

FINANCING RECEIVABLE

12 Months Ended

Dec. 31, 2016

FINANCING RECEIVABLE [Abstract]

FINANCING RECEIVABLE

FINANCING RECEIVABLE

Financing receivable consists of the following:

	As of December 31,
	2015		2016
Current financing receivable
Used automobile financing	$	72,269	$	277,684
Financing for installment sales		27,702		11,205
Other financing		47,833		27,775
Net deferred origination costs		209		176
Less allowance for financing receivable		(3,556)		(15,067)
Current financing receivable, net	$	144,457	$	301,773

Long-term financing receivable
Used automobile financing	$	-	$	53
Financing for installment sales		3,112		324
Other financing		12,188		-
Less allowance for long-term financing receivable		(27)		(47)
Long-term financing receivable, net	$	15,273	$	330

Financing receivable mainly represent both the principal and financing income receivable associated with the respective financing services expected to be collected from the individuals or companies receiving financing under the internet finance business at the respective balance sheet dates.

Used automobile financing is secured with pledged assets, which are used automobiles with value not less than the financing receivable. Other financing includes financing receivables related to rental financing provided to individuals referred by rental agents as well as micro cash financing to college students.

The following table presents nonaccrual financing receivable as of December 31, 2015 and 2016, respectively.

	As of December 31,
	2015		2016

Used automobile financing	$	432	$	3,352
Financing for installment sales		2,977		6,817
Other financing		174		4,945
	$	3,583	$	15,114

The following table presents the aging of financing receivable as of December 31, 2016.

	0-90		over 90		total
	days		days		financing
	aging		aging		receivable

Used automobile financing	$	275,007		2,730	$	277,737
Financing for installment sales		4,712		6,817		11,529
Other financing		23,734		4,041		27,775
	$	303,453	$	13,588	$	317,041

The following table presents the aging of financing receivable as of December 31, 2015.

	0-90		over 90		total
	days		days		financing
	aging		aging		receivable

Used automobile financing	$	72,269		-	$	72,269
Financing for installment sales		27,837		2,977		30,814
Other financing		59,847		174		60,021
	$	159,953	$	3,151	$	163,104

Movement of allowance for financing receivable is as follows:

	As of December 31,
	2015		2016

Balance at beginning of year		-	$	(3,583)
Charge to cost of revenues		(3,665)		(12,436)
Write off of financing receivable		-		119
Exchange difference		82		786
Balance at end of year	$	(3,583)	$	(15,114)

PREPAID EXPENSES AND OTHER CURRENT ASSETS

12 Months Ended

Dec. 31, 2016

PREPAID EXPENSES AND OTHER CURRENT ASSETS

7.	PREPAID EXPENSES AND OTHER CURRENT ASSETS

		As of December 31,
	Note	2015		2016

Advances to suppliers		$	799	$	721
Prepaid expenses			4,194		2,341
Deposits			1,462		4,259
Loan to third parties			2,369		1,261
Receivable related to the disposition of equity method investment in Nuomi	(i)		18,460		-
Funds receivable	(ii)		12,220		4,495
Receivable from brokers	(iii)		4,879		5,853
Other current assets			5,938		1,819

Total		$	50,321	$	20,749

(i)

As described in Note 4.1, in February 2014, the Company sold the remaining 31.61% equity interest in Nuomi to Baidu in the amount of $68,066, of which $49,606 was received in fiscal year 2014 and the remaining $18,460 was collected in March 2016.

(ii)

Funds receivable mainly represents balances paid by individuals for repayments of financing on Renren Fenqi as well as amounts paid by investors for investments made on Renren Licai that are held at a third party electronic payment service provider as of December 31, 2015 and 2016. The balances were collected subsequent to year-end.

(iii)

Receivable from brokers represents cash provided to brokers who hold the cash on behalf of the Company. The cash has not been used to purchase any securities and accordingly is recorded as a receivable.

SHORT-TERM INVESTMENTS

12 Months Ended

Dec. 31, 2016

SHORT-TERM INVESTMENTS1

SHORT-TERM INVESTMENTS

8.	SHORT-TERM INVESTMENTS

Short-term investments comprise of marketable securities which are classified as trading and available-for-sale, and derivative financial instruments that are regarded as assets.

Trading securities

The following is a reconciliation of the beginning and ending balances for trading securities during the year ended December 31, 2016.

	As of						Gains		Exchange		As of
	December 31, 2015		Purchase		Sale		(losses)		loss		December 31, 2016

Equity securities	$	264	$	1,179	$	1,367	$	(73)	$	(3)		-
Corporate bonds	$	741		119		833		(9)		(18)		-
Funds	$	1,856		18,404		19,906		121		(64)	$	411
Futures	$	(3)		-		526		538		(10)	$	(1)

Total	$	2,858	$	19,702	$	22,632		577	$	(95)	$	410

Available-for-sale securities

As of December 31, 2015 and 2016, the Company did not hold any short-term available-for-sale securities investments.

The following table provides additional information on the realized gains and losses in relation to the sales of available-for-sale securities for the years ended December 31, 2014, 2015, and 2016. For the purpose of determining gross realized gains or losses, the initial cost of securities sold was based on specific identification.

		Year ended December 31, 2014						Year ended December 31, 2015						Year ended December 31, 2016
				Initial						Initial						Initial
	Note	Proceeds		costs		Gains		Proceeds		costs		Gains		Proceeds		costs		Gains

Equity securities	(i)	$	352,733	$	177,633	$	175,100	$	62,704	$	59,136	$	3,568		-		-		-
Corporate bonds			62,795		62,713		82		-		-		-		-		-		-

Total		$	415,528	$	240,346	$	175,182	$	62,704	$	59,136	$	3,568		-		-		-

(i)

Equity securities

During the years ended December 31, 2014, 2015 and 2016, the Company purchased and sold several stocks and recorded $175,100, $3,568 and $nil of gain in the consolidated statements of operations. In addition, the Company received stock dividends of $157 and $nil in the years ended December 31, 2015 and 2016, respectively, and recognized these as realized gain of short-term investments.

Derivative financial instruments

The Company used derivative financial instruments in the forms of interest rate swap contracts, interest rate swaption contracts and a series of equity contracts and included these derivative instruments in its trading portfolio.

Such derivative instruments were not designated or qualified as hedging instruments, and accordingly were accounted for by fair value at each period end through the statement of operations.

The following table provides additional information of the fair value of each financial instruments at year end and of the realized gains or losses during the reporting periods.

	Assets (Liability) Derivatives				Realized Gains/(Losses)
	as of December 31,				for the years ended December 31,
	2015		2016		2014		2015		2016

Derivatives not designated as hedging instruments:

Interest rate swaption-2013 batch		-		-	$	(1,302)		-		-
Interest rate swaption-2014 batch		10		-		(38,383)		(1,927)		(10)
Interest rate swap		(249)		-		(363)		(63)		(15)
Short call		-		-		10,919		-		-
Long call		-		-		(6,141)		-		-
Short put		-		-		(1,697)		-		-
H-Share Index Call Option		-		-		-		(59,554)		-
FXI UP Call Option		-		-		-		(39,100)		-

Total	$	(239)		-	$	(36,967)	$	(100,644)	$	(25)

LONG-TERM INVESTMENTS

12 Months Ended

Dec. 31, 2016

LONG-TERM INVESTMENTS [Abstract]

LONG-TERM INVESTMENTS

9.	LONG-TERM INVESTMENTS

		As of December 31,
	Note	2015		2016

Equity method investments:
Social Finance Inc. ("SoFi")	(i)	$	235,920	$	231,952
Eall (Tianjin) Network Technology Co., Ltd. ("Eall Network")	(xvi)		-		18,137
Hayman Credes Offshore Fund, LP ("Hayman")	(ii)		29,678		-
Rise Companies Corp. ("Rise")	(iii)		15,144		14,326
Golden Axe	(iv)		1,143		16,243
Others	(v)		90,832		77,068

Total equity method investments			372,717		357,726

Cost method investments:
Hylink Advertising Co., Ltd. ("Hylink")	(vi)		2,315		2,161
StoreDot Ltd. ("StoreDot")	(vii)		10,001		10,001
GoGo Tech Holdings Limited ("GoGo")	(viii)		16,100		11,127
Motif Investing Inc. ("Motif")	(ix)		40,000		7,700
LendingHome Corporation ("LendingHome")	(x)		65,843		65,843
Credit Shop Inc. ("Credit Shop")	(xi)		15,000		35,000
Eunke Technology Ltd. ("Eunke")	(xii)		25,000		25,000
Others	(xiii)		31,456		37,605

Total cost method investments			205,715		194,437

Held-to-maturity investments:
SoFi Loan Notes.	(xiv)		5,879		-

Available-for-sale investments:
Snowball Finance Inc. ("Snowball")	(xv)		35,534		36,337
Eall Technology Limited ("Eall")	(xvi)		20,829		2,892
268V Limited	(xvii)		98,782		24,170
Omni Prime Inc. ("Omni")	(xviii)		28,866		27,053
Zhu Chao Holding Company Limited ("Zhu Chao")	(xix)		15,000		18,722
Others	(xx)		26,767		34,011

Total available-for-sale investments			225,778		143,185

Warrant:
Warrant of Snowball	(xv)		901		-

Total long-term investments		$	810,990	$	695,348

Equity method investments

(i)

In September 2012, March 2014, January 2015, and October 2015, the Company entered into agreements to purchase 5,573,719 Series B Preferred Shares, 6,020,695 Series D Preferred Shares, 2,361,116 Series E Preferred Shares and 9,507,933 Series F Preferred Shares issued by SoFi at a price of $8.791258 per Series B Share, $3.453 per Series D Share, $9.4578 per Series E Share and $15.7763 per Series F Share for a total consideration of $242,120. In November 2012, SoFi split 1 Series B Preferred Share into 4 Series B Preferred Shares and the Company held 22,294,876 Series B Preferred Shares after that. The Company held 21.20% and 21.06% equity interest of SoFi as of December 31, 2015 and 2016, respectively and recognized its share of gain in SoFi of $3,902 and loss of $3,968 for the years ended December 31, 2015 and 2016, respectively. In April 2017, the Company disposed 5,719,986 preferred shares of SoFi for total net proceeds of $91,926.

(ii)

In December 2014, the Company invested $30,000 in Hayman which is a Cayman Islands exempted limited partnership and served as a limited partner. The Company recognized its share of loss of $322 and $157 for the years ended December 31, 2015 and 2016, respectively. From February to April 2016, the Company withdrew all of its investment in Hayman and received total proceeds of $29,521.

(iii)

In April 2014, the Company entered into an agreement to purchase 7,856,395 Series A Preferred Shares issued by Rise at a price of $2.1872 per share for a total consideration of $17,183. The Company held 25.30% equity interest of Rise as of December 31, 2016 and recognized its share of loss of $882 and $818 for the years ended December 31, 2015 and 2016, respectively.

(iv)

In January 2015, the Company entered into an agreement to purchase 2,000,000 Ordinary Shares and 26,081,176 Series B Preferred Shares issued by Golden Axe Inc. for a total consideration of $18,943 (the "Consideration"). The Company paid $1,143 in December 2015 and $7,167 of the Consideration was settled by both paying cash and forgiving previous loans provided to Golden Axe Inc. in January 2016, at which point, $10,633 of the Consideration remained outstanding. In 2016, concurrent with a restructuring of Golden Axe, the Company entered into a subsequent agreement to acquire 20.46% equity interest of a related entity, Shenzhen Golden Axe Co, Ltd. (collectively with Golden Axe Inc., "Golden Axe"), for the remainder of the Consideration of $10,633. As a result, the Company held 20.46% equity interest of Golden Axe as of December 31, 2016 and recognized its share of loss of $nil and $2,275 for the years ended December 31, 2015 and 2016, respectively.

(v)

Others represents other equity method investments with individual carrying amounts less than $15,000 as of December 31, 2015 and 2016, respectively.

In August 2015, the Company disposed of all its investment in Japan Macro Opportunities Offshore Partners, LP ("JMOOP"), which was previously accounted for as an equity method investment. JMOOP's audited financial statements for the year ended December 31, 2014 as well as the unaudited financial statements for the year ended December 31, 2015 are included at the end of this annual report in accordance with Regulations S-X Rule 3-09. The unaudited financial statements for the year ended December 31, 2015 is not reflective of the Company's ownership period of JMOOP during the year ended December 31, 2015. The summarized financial information below is reflective of the Company's ownership period of JMOOP.

The summarized financial information for all of the Company’s equity method investments were as follows:

	As of December 31,
	2015		2016

Total current assets	$	2,606,921	$	7,176,015
Total assets	$	2,753,244	$	7,250,680
Total current liabilities	$	1,144,880	$	5,200,536
Total liabilities	$	1,220,771	$	5,340,139
Noncontrolling interests	$	-	$	443,885

	For the years ended December 31,
	2014		2015			2016

Net revenues	$	117,896	$	199,069		$	406,686
Gross profits	$	104,908	$	167,512		$	351,782
Income (loss) from continuing operations	$	36,157	$	(58,658	)	$	(25,455	)
Net income (loss)	$	36,157	$	(58,658	)	$	(25,455	)

Cost method investments

(vi)

In April 2011, the Company acquired 2% equity interest of Hylink at total cash consideration of $2,381. Hylink is mainly engaged in advertising agency service. The Company was not able to exercise significant influence over the operating and financial decisions of Hylink, and thus the Company used the cost method to account for its investment.

(vii)

In August 2014, the Company entered into an agreement to purchase Series B Preferred Shares issued by StoreDot at total cash consideration of $10,001 and held 6.06% equity interest of StoreDot. The Company was not able to exercise significant influence over the operating and financial decisions of StoreDot, and thus the Company used the cost method to account for its investment.

(viii)

In November 2014, the Company entered into an agreement to acquire 10% equity interest of GoGo for a total consideration of $8,100. In May 2015, June 2015 and May 2016, the Company acquired additional equity interest of GoGo for a total consideration of $5,000, $3,000 and $500, respectively. The Company held 13.89% and 10.48% equity interest of GoGo as of December 31, 2015 and 2016, respectively. The Company was not able to exercise significant influence over the operating and financial decisions of GoGo, and thus the Company used the cost method to account for its investment. As of December 31, 2016, as a result of a decrease in fair value of GoGo from its new financing in 2016, the Company performed an impairment analysis and recognized an OTTI loss of $5,473 in 2016. In determining the fair value of the investment in GoGo, the Company applied the market approach using unobservable inputs, such as a lack of marketability discount and probability weighting for each scenario including liquidation, redemption and an initial public offering.

(ix)

In January 2015, the Company entered into an agreement to purchase 5,579,734 Series E Preferred Shares issued by Motif for a total consideration of $40,000 and held 10% equity interest of Motif as of December 31, 2015. The Company was not able to exercise significant influence over the operating and financial decisions of Motif, and thus the Company used the cost method to account for its investment. As of December 31, 2016, as a result of a failure to achieve its business plan and deterioration of the Company's results, the Company performed an impairment analysis and recognized an OTTI loss of $32,300 in 2016. In determining the fair value of the investment in Motif, the Company applied the asset-based approach using unobservable inputs, such as a lack of marketability discount and probability weighting for each scenario including liquidation and an initial public offering.

(x)

In March 2015, the Company entered into an agreement to purchase 6,153,999 Series C Preferred Shares issued by LendingHome for a total consideration of $65,843 and held 14.72% equity interest of LendingHome as of December 31, 2015. The Company was not able to exercise significant influence over the operating and financial decisions of LendingHome, and thus the Company used the cost method to account for its investment.

(xi)

In January 2015, the Company acquired 204,471 Series A Preferred Shares issued by Credit Shop at a price of $73.36 for a total consideration of $15,000. Additionally, the parties also reached an agreement, whereby the Company would provide a revolving line of credit up to $15,000 to Credit Shop. That agreement also included an option whereby the Company or Credit Shop have the option to convert the full $15,000 revolving line into Series A Preferred Shares of Credit Shop. Prior to or in conjunction with the exercise of the option, the Company is required to have fully funded the $15,000 revolving loan. Additionally, upon the exercise of the option, the Company is also required to purchase additional Series A Preferred Shares from Credit Shop in the amount of $5,000.

Such option is not legally detachable or transferable and therefore was not separately accounted. In December 2015, Credit Shop exercised the option; the Company therefore purchased $20,000 of Series A Preferred Shares in February 2016. As of December 31, 2016, the Company held 40.99% equity interest of Credit Shop. The Company accounted for the investment under the cost method given that such shares have substantive liquidation preference over ordinary shares and are not considered in-substance common stock.

(xii)

In March 2015, the Company entered into an agreement to purchase 4,770,131 Series B Preferred Shares issued by Eunke for a total consideration of $25,000, and held 21.9% equity interest of Eunke as of December 31, 2015. The Company accounted for the investment under the cost method given that such shares have substantive liquidation preference over ordinary shares and are not considered in-substance common stock.

(xiii)

Others represents other cost method investments with individual carrying amount less than $10,000 as of December 31, 2015 and 2016, respectively.

Held-to-Maturity investments

(xiv)

In July 2012, the Company entered into a note purchase agreement with SoFi Lending Corp., a subsidiary of SoFi, to purchase $10,000 SoFi Loan Notes issued by SoFi Lending Corp. The loan has a maturity date of July 3, 2032 and a fixed annual interest rate of 4% with no redemption feature. The Company had the positive intent and ability to hold the investments to maturity. In December 2016, SoFi Lending Corp. elected to repay the SoFi Loan Notes in advance, and the Company therefore received all the remaining principal and earned interest in cash. The Company received repayments, including return of the principal of $984, $5,879 and earned interest of $181, $166 from SoFi Lending Corp. for the years ended December 31, 2015 and 2016.

Available-for-sale investments

Long-term available-for-sale investments represent convertible redeemable preferred shares and convertible debt. As of December 31, 2015 and 2016, the Company held following long-term available-for-sale investments:

	As of December 31, 2016									As of December 31, 2015
			Gross		Other-than							Gross
			unrealized		-temporary			Fair				unrealized		Fair
	Cost		gains		impairment			value		Cost		gains		value

Convertible redeemable preferred shares	$	172,928	$	16,387	$	(50,830	)	$	138,485	$	183,644	$	35,634	$	219,278
Convertible debt		4,700		-		-			4,700		6,500		-		6,500

Total	$	177,628	$	16,387	$	(50,830	)	$	143,185	$	190,144	$	35,634	$	225,778

(xv)

In November 2014, the Company acquired 35,040,427 Series C Preferred Shares issued by Snowball at a price of $0.9988 per share. As part of the acquisition, the Company received a detachable preferred share warrant, exercisable within 2 years of the share acquisition, to (1) purchase additional up to 8,872,590 Series C Preferred Share at a price of $1.6906 per share; (2) if Snowball issued subsequent equity securities, purchase such subsequent equity securities at a price amounting to the lower of $1.6906 and the per share price paid by investors purchasing such subsequent equity securities. The total consideration for the purchase of Series C Preferred Shares and warrant was $34,998, of which $901 was allocated to the value of warrant based on its fair value at the acquisition date. The Company did not exercise the warrant and it expired in September 2016. As a result, the Company recorded a loss of $901.

The Company has determined that the Series C Preferred Shares are redeemable at the option of the investors according to the redemption terms further included below:

	(1)	Each holder of the preferred shares then outstanding may require Snowball to redeem all but not less than all of the then outstanding preferred shares held by such requesting holder, at any time after the earliest of (i) five years from the issuance of the preferred shares if there is no firm commitment underwritten registered public offering of the shares or other securities of Snowball, (ii) any material adverse change in the regulatory environment, or (iii) any material breach by Snowball and/or the founders of Snowball of the preferred share purchase agreements, the shareholders’ agreement, the Amended Memorandum and Articles of Snowball, or other relevant agreements and documents.

(2)

The redemption price per preferred share shall be the sum of the original issue price (as adjusted) and all declared but unpaid dividends, plus an assumed 8 percent compounded per annum return for each year the preferred shares were outstanding.

As such, the Company determined that the shares are debt securities in nature and accounted for those as available-for-sale securities. Unrealized holding gains of $1,437 and $803 were reported in other comprehensive income for the years ended December 31, 2015 and 2016, respectively.

(xvi)

In September 2014, the Company entered into an agreement to purchase 5,321,428 Series B-1 Preferred Shares and 649,351 Series B-2 Preferred Shares issued by Eall at a price of $3.08 per Series B-1 share and $2.62 per Series B-2 share for a total consideration of $18,090. In July 2015, the Company purchased an additional 652,598 Series B-1 Preferred Shares at a price of $3.08 per Series B-1 share for a total consideration of $2,010. The Company has determined that all of the purchased shares are redeemable at the option of the investors according to the redemption terms further included below:

	(1)	Each holder of the then outstanding preferred shares may require that Eall redeem all or part of the preferred shares then outstanding, on or after the earlier of (i) January 1, 2019, or (ii) the occurrence of any material breach or violation of any of the Memorandum and Articles of Eall, the preferred share purchase agreements, the shareholders agreement, and other relevant agreements and documents and/or the applicable laws by Eall or any direct or indirect holder of the ordinary shares of Eall.

(2)

The redemption price per preferred share shall be the amount equal to 100 percent of the original issue price, plus all accrued or declared but unpaid dividends on such preferred shares (subject to adjustments for share split, share dividend, reclassification or other similar events).

As such, the Company determined that they are debt securities in nature and accounted for those as available-for-sale securities.

In July 2016, Eall conducted a restructuring such that the Company ultimately held a 20.4% investment in both Eall and Eall Network, a shell company controlled by the founding shareholders of Eall. The Company still accounted the investment in Eall as available-for-sale investment as there were no changes to the nature and redemption rights of the investment and recorded its investment at fair value as of December 31, 2016.

Additionally, the Company accounted for its investment in Eall Network as an in-substance common stock investment over which the Company could exercise significant influence. As a result, the Company recorded its investment in Eall Network as an equity method investment at $17,937 based on the fair value of the investment at the time of the restructuring. The Company recognized its share of loss of $200 related to its investment in Eall Network for the year ended December 31, 2016.

(xvii)

In January 2015, the Company entered into an agreement to purchase 64,281,655 Series D Preferred Shares issued by 268V Limited for a total consideration of $75,000. The Company has determined that the Series D Preferred Shares are redeemable at the option of the investors according to the redemption terms further included below:

	(1)	At the option of a holder of the preferred shares, 268V Limited shall redeem all, or any, of the outstanding preferred shares held by the requesting holder, at any time after the earliest of (i) the date that there is a material breach by 268V Limited or by any direct or indirect owners of the ordinary shares of 268V Limited, of the preferred share purchase agreements, the shareholder agreement, the restated Articles, and other relevant agreements and documents, (ii) any material adverse change in the regulatory environment that will cause the agreements that provide 268V Limited the control over its variable interest entity to be invalid or unenforceable, or (iii) the failure by 268V Limited to complete a firm underwritten public offering of the shares or other equity securities within five years from the issuance date of the preferred shares.

(2)

The redemption price shall be equal to the greater of (i) an amount equal to the sum of the original issue price (as adjusted), plus an assumed 12 percent compounded per annum return for each year the preferred shares were outstanding, and all declared but unpaid dividends thereon up to the date of redemption or (ii) the fair market value of each preferred share.

As such, the Company determined that they are debt securities in nature and accounted for those as available-for-sale securities. As of December 31, 2016, as a result of a decrease in fair value of 268V Limited from its new financing in 2016, the Company performed an impairment analysis and recognized an OTTI loss of $50,830 in 2016. In determining the fair value of the investment in 268V Limited, the Company applied the market approach using unobservable inputs, such as a lack of marketability discount and probability weighting for each scenario including liquidation, and initial public offering. Unrealized holding gains of $23,782 and $nil were reported in other comprehensive income for the year ended December 31, 2015 and 2016, respectively.

(xviii)

In July 2015 and March 2016, the Company purchased 14,727,541 Series B Preferred Shares and 510,248 shares of Series B++ Preferred Shares issued by Omni at the price of $1.358 per Series B Preferred Share and $1.96 per Series B++ Preferred Share for a total consideration of $21,000, respectively. The Company has determined that the Series B Preferred Shares and Series B++ Preferred Shares are redeemable at the option of the investor according to the redemption terms further included below:

	(1)	If so requested by any holder of the preferred shares, Omni shall redeem all or part of such outstanding preferred shares, at any time after the earliest of (i) July 30, 2021, if Omni has not consummated an underwritten public offering of its ordinary shares, (ii) any change of laws or policy with respect to the validity of the agreements that provide Omni with control over its variable interest entity, (iii) any competent governmental authority having determined that it is illegal for Omni to carry on its business as conducted and as proposed to be conducted in accordance with applicable laws, regulations, policies or discretion of competent governmental authorities, and Omni has been unable to carry on such business for at least 3 consecutive months due to such determination or (iv) any material breach by Omni and/or its founders of the preferred share purchase agreements, shareholder agreement or relevant agreements and documents.

(2)

The price at which each preferred share shall be redeemed shall be equal to the greater of (i) 150 percent of the original issue price of such preferred shares and (ii) the fair market value of such preferred shares.

As such, the Company determined that they are debt securities in nature and accounted for those as available-for-sale securities. Unrealized holding gains of $8,866 and loss of $2,813 were reported in other comprehensive income for the year ended December 31, 2015 and 2016, respectively.

(xix)

In January 2015, the Company entered into an agreement to purchase 1,553,566 Series A Preferred Shares issued by Zhu Chao for a total consideration of $15,000. The Company has determined that the Series A Preferred Shares are redeemable at the option of the investor according to the redemption terms further included below:

	(1)	Each holder of the then outstanding preferred shares is entitled to request Zhu Chao to redeem all or part of its outstanding preferred shares on or after the earliest of (i) August 10, 2020, if there has been no firm commitment underwritten public offering of the ordinary shares of Zhu Chao, (ii) the last date of the three-month period commencing from the delivery of notice of the occurrence of any PRC regulatory development by the majority preferred shareholders to Zhu Chao, if, during such three-month period, the ordinary shareholders of Zhu Chao have failed to devise a feasible alternative legal structure reasonably satisfactory to the majority preferred shareholders that will give effect to the rights and preferences of the preferred shareholders under the Memorandum and Articles of Zhu Chao, the preferred share purchase agreement, the shareholder agreement and other relevant agreements and documents (“Zhu Chao Transaction Agreements”), as closely as possible, or (iii) the occurrence of any material breach by Zhu Chao or any holder of the ordinary shares of Zhu Chao of any of the Zhu Chao Transaction Agreements.

(2)

The redemption price per preferred share shall be the amount equal to 200 percent the original issue price of the preferred share, plus all accrued or declared but unpaid dividends on such preferred share.

As such, the Company determined that they are debt securities in nature and accounted for those as available-for-sale securities. Unrealized holding gains of $nil and $3,722 were reported in other comprehensive income for the year ended December 31, 2015 and 2016, respectively.

(xx)

Others represents other long-term available-for-sale investments with individual carrying amount less than $10,000 as of December 31, 2015 and 2016, respectively.

The fair value of long-term available-for-sale investments as measured is further discussed in Note 15.

PROPERTY AND EQUIPMENT, NET

12 Months Ended

Dec. 31, 2016

PROPERTY AND EQUIPMENT, NET [Abstract]

PROPERTY AND EQUIPMENT, NET

10.

PROPERTY AND EQUIPMENT, NET

	As of December 31,
	2015		2016

Building	$	32,142	$	29,989
Computer equipment and application software		22,861		18,724
Furniture and vehicles		163		137
Leasehold improvements		1,343		775

	$	56,509	$	49,625
Less: Accumulated depreciation	$	(23,130)	$	(20,869)
Less: Accumulated impairment loss		(90)		(90)

	$	33,289	$	28,666

Depreciation expense from continuing operations was $11,966, $7,338 and $2,626 and from discontinued operations was $5,379, $1,500 and $52, for the years ended December 31, 2014, 2015 and 2016, respectively.

No impairment loss was incurred for the years ended December 31, 2014, 2015 and 2016, respectively.

SHORT-TERM DEBT AND LONG-TERM DEBT

12 Months Ended

Dec. 31, 2016

SHORT-TERM DEBT AND LONG-TERM DEBT [Abstract]

SHORT-TERM DEBT AND LONG-TERM DEBT

11.

SHORT-TERM DEBT AND LONG-TERM DEBT

Short-term debt

		As of December 31,
	Note	2015		2016

East West Bank	(i), (ii), (iv)	$	106,919	$	30,000
Bank of Shanghai	(iii)		-		7,202

Total		$	106,919	$	37,202

(i)

In April 2015, the Company entered into an agreement with the East West Bank through which the Company was granted a line of credit of $15,437 for one year. The Company has drawn $6,919 as of December 31, 2015. The loan bears 95% of the People’s Bank of China interest rate and is repayable within one year or earlier at the discretion of the Company. In April 2016, the Company extended the line of credit agreement for an additional year until July 1, 2017 with other terms unchanged. In July 2016, the Company repaid the entire loan.

(ii)

In December 2015, the Company entered into a short-term loan agreement with East West Bank for $100,000. The cash receipt was restricted as to withdrawal and usage until the maturity date of the loan. The loan borne an annual interest rate of the greater of 3.25% or the prime rate published in the Money Rates section of the Western Edition of The Wall Street Journal and has a loan period of 45 days. The loan was repaid by the Company in February 2016.

(iii)

In November 2016, the Company entered in to a short-term loan agreement with Bank of Shanghai for $7,202. The loan bears an annual interest rate of 141.5% of the one year loan interest rate quoted by the People’s Bank of China and has a loan period of six months. The Chief Operating Officer (“COO”) of the Company provided joint and several liability guarantee for the loan. The Company repaid the loan in May 2017.

(iv)

In December 2016, the Company entered into a short-term loan agreement with East West Bank for $30,000. The loan bears an annual interest rate equal to the one month LIBOR rate plus 1.2% and has a loan period of six month.

Long-term debt

		As of December 31,
	Note	2015		2016

An asset management company	(v)	$	69,468	$	42,786
A trust company	(vi)		52,604		52,604

Total		$	122,072	$	95,390

(v)

In November 2015, the Company entered into a long-term loan agreement with an asset management company to borrow $69,468 in order to finance the investment in SoFi. The loan bears an annual interest rate ranging from 12% to 16% upon certain scenarios, including a qualified public offering of SoFi during the period of the loan, and requests the pledge of certain assets of the Company consisting of building, the long-term investment in Hayman, and certain shares of SoFi owned by the Company including 4,970,573 Series B Preferred Stock, 6,020,695 Series D Preferred Stock and 2,361,116 Series E Preferred Stock. The loan in expected to be repaid within four years. The Chief Executive Officer (“CEO”) of the Company provided joint and several liability guarantee for the loan. The loan can be repaid in advance at the option of the Company upon distribution from the long-term investment in one of its equity method investee, or upon approval from the asset management company. In January 2016, the Company received the notice for such distribution from the equity method investee and repaid $23,608 of the loan balance. In early 2017, the Company made a request to the asset management company for an early repayment. Such request was approved and the Company repaid the remainder of the loan before the report date.

(vi)

In October 2015, the Company entered into a long-term loan agreement with a trust company to borrow $59,260 in order to finance the investment in SoFi. The loan bears an annual interest rate 6% and requests the pledge of 7,512,535 Series F Preferred Stock of SoFi owned by the Company. The loan is expected to be repaid within three years and could be extended to five years if specific revenue targets of SoFi are reached.

Additionally, the Company issued the trust company a warrant to purchase 1,502,507 Series F Preferred Stock of SoFi from the Company at a preliminary exercise price of $15.7763 per share upon occurrence of certain events within five years, including a qualified public offering of SoFi. Such warrant was considered as liability-classified warrants and separately recorded based on its fair value under the caption of "Other non-current liabilities" on the consolidated balance sheet.

The Company recognized a discount of $6,656 based on the initial fair value of the warrant as a reduction of the loan. The discount is recognized over the term of the loan using the effective interest method, based on an imputed interest rate of 9.95%.

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

12 Months Ended

Dec. 31, 2016

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES [Abstract]

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

12.

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES

		As of December 31,
	Note	2015		2016

Employee payroll and welfare payables		$	4,700	$	2,800
Written put option	(i)		7,000		-
Other tax payable			6,335		7,013
Accrued professional, marketing and leasing fees			4,983		3,965
Other payables			6,270		5,902
Accrued advertising sales rebate			443		101

Total		$	29,731	$	19,781

(i)

In December 2014, the Company wrote an option which allows Effective Space Solution (“ESS”), an equity method investee, to require an additional investment of $7,000 from the Company if the aggregate amount of pre-sale letters received by ESS from its potential clients exceeded $10,000 during the next 3 years. Such written put option was recorded based on its fair value as of December 31, 2014 and 2015. During the year ended December 31, 2015, the Company determined that its investment in ESS was fully impaired and recorded an OTTI. The Company further determined that the fair value of the written option as of December 31, 2015 approximated the amount paid by the Company in 2016 to exercise the put option given that the underlying investment was valued at $nil. In April 2016, ESS exercised the option and the Company further settled its option obligation with ESS.

INCOME TAXES

12 Months Ended

Dec. 31, 2016

INCOME TAXES [Abstract]

INCOME TAXES

13.

INCOME TAXES

The Company, CIAC, Renren Gongying Inc, Link224 Inc., Renren Lianhe Holdings, Wole Inc., JiehunChina Inc., Renren Wealth Inc., Renren CRSP Holdings Inc., Renren CHYP Holdings Inc., Renren PLML Holdings Inc., Renren KURY Holdings Inc., Renren ONER Holdings Inc., Renren LSTAR Holdings Inc., Renren BLCR Holdings Inc., Renren ZHCH Holdings Inc., Renren CHRYPH Holdings Inc., Renren Study Inc., and Renren Finance Inc. are all incorporated in the Cayman Islands. They are tax-exempted under the tax laws of the Cayman Islands.

Chime Technologies, Inc. and Game USA are incorporated in the US and subject to state income tax and federal income tax at different tax rates, depending upon taxable income levels. Chime Technologies, Inc. and Game USA did not have taxable income and no income tax expense was provided for the year ended December 31, 2014, 2015 and 2016.

Other subsidiaries and VIEs of the Company domiciled in the PRC were subject to 25% statutory income tax rate in the years presented.

The EIT Law includes a provision specifying that legal entities organized outside PRC will be considered residents for Chinese income tax purposes if their place of effective management or control is within PRC. If legal entities organized outside PRC were considered residents for Chinese income tax purpose, they would become subject to the EIT Law on their worldwide income. This would cause any income from legal entities organized outside PRC earned to be subject to PRC's 25% EIT. The Implementation Rules to EIT Law provide that non-resident legal entities will be considered as PRC residents if substantial and overall management and control over the manufacturing and business operations, personnel, accounting, properties, etc. reside within PRC.

Despite the present uncertainties resulting from the limited PRC tax guidance on the issue, the Company does not believe that the legal entities organized outside PRC should be characterized as PRC residents for EIT Law purposes.

Under the EIT Law and its implementation rules which became effective on January 1, 2008, dividends generated after January 1, 2008 and payable by a foreign-invested enterprise in PRC to its foreign investors who are non-resident enterprises are subject to a 10% withholding tax, unless any such foreign investor's jurisdiction of incorporation has a tax treaty with PRC that provides for a different withholding arrangement. The Cayman Islands, where the Company is incorporated, does not have a tax treaty with PRC.

The Company's subsidiaries and VIEs located in the PRC had aggregate accumulated deficits as of December 31, 2016. Accordingly, no deferred tax liability had been accrued for the Chinese dividend withholding taxes as of December 31, 2016.

The current and deferred component of income tax expenses which were substantially attributable to the Company's PRC subsidiaries and VIEs and VIEs' subsidiaries, are as follows:

	Years ended December 31,
	2014		2015		2016

Current income tax expense	$	1,620	$	3,124	$	2,470
Deferred income tax expense		4,897		-		-
Total income tax expense	$	6,517	$	3,124	$	2,470

The principal components of the deferred tax assets and liabilities are as follows:

	As of December 31,
	2015		2016

Current deferred tax assets
Provision for doubtful accounts	$	2,526	$	5,339
Accrued payroll and welfare		1,175		700
Accrued liabilities-current		2,520		2,409
Less valuation allowance		(6,221)		(8,448)

Current deferred tax assets, net	$	-	$	-

Non-current deferred tax assets
Excessive advertising fee-non-current	$	1,415	$	1,572
Excessive employee education fee-non-current		152		150
Net operating loss carry forwards		60,571		54,567
Less valuation allowance		(62,138)		(56,289)

Non-current deferred tax assets, net	$	-	$	-

Non-current deferred tax liabilities	$	-	$	-

The Company operates through multiple subsidiaries and VIEs and VIEs' subsidiaries. The valuation allowance is considered on each individual entity basis. The subsidiaries and VIEs and VIEs' subsidiaries registered in the PRC have total deferred tax assets related to net operating loss carry forwards of $60,571 and $54,567 as of December 31, 2015 and 2016, respectively. The Company assessed the available evidence to estimate if sufficient future taxable income would be generated to use the existing deferred tax assets. As of December 31, 2015 and 2016, valuation allowances were established because the Company believes that it is more likely than not that its deferred tax assets will not be realized as it does not expect to generate sufficient taxable income in the near future.

Reconciliation between the income taxes expense (benefits) computed by applying the PRC tax rate to loss before the provision of income taxes and the actual provision for income taxes is as follows:

	Years ended December 31,
	2014			2015			2016

Loss before provision of income tax	$	(12,708)		$	(214,585)		$	(173,400)
PRC statutory income tax rate		25	%		25	%		25	%
Income tax at statutory tax rate		(3,177)			(53,646)			(43,350)
Taxable deemed interest income from inter-company interest-free loans		5,407			5,632			6,925
Non-deductible loss and other expenses not deductible for tax purposes		1,869			41,114			42,571
Effect of income tax exemption of the Company in the Cayman Islands		(17,942)			(27)			(54)
Changes in valuation allowance		20,360			10,051			(3,622)
Income tax expenses	$	6,517		$	3,124		$	2,470

The Company did not identify significant unrecognized tax benefits for the years ended December 31, 2014, 2015 and 2016, respectively. The Company did not incur any interest and penalties related to potential underpaid income tax expenses.

Since January 1, 2008, the relevant tax authorities have not conducted a tax examination on PRC entities. In accordance with relevant PRC tax administration laws, tax years from 2010 to 2016 of the Company's PRC subsidiaries and VIEs and VIEs' subsidiaries remain subject to tax audits as of December 31, 2016, at the tax authority's discretion.

ORDINARY SHARES

12 Months Ended

Dec. 31, 2016

ORDINARY SHARES [Abstract]

ORDINARY SHARES

14.

ORDINARY SHARES

Under a series of share repurchase programs approved by the Company's board of directors on September 29, 2011, December 26, 2012, June 28, 2013 and June 28, 2014, during the years ended December 31, 2014, 2015 and 2016, the Company repurchased 80,728,137, 10,912,110 and nil ordinary shares for total considerations of $87,323, $10,292 and $nil, respectively.

FAIR VALUE MEASUREMENTS

12 Months Ended

Dec. 31, 2016

FAIR VALUE MEASUREMENTS [Abstract]

FAIR VALUE MEASUREMENTS

15.

FAIR VALUE MEASUREMENTS

Assets and liabilities disclosed at fair value

The Company measures its cash and cash equivalents, restricted cash, financing receivables, cost method investments and short term and long-term debt at amortized cost. The carrying values of cash and cash equivalents and restricted cash approximated fair value and represented a level 2 measurement. The carrying value of financing receivables approximate their fair value due to their short-term nature and are considered level 3 measurement. Such fair value was estimated by discounting scheduled cash flows through the estimated maturity with estimated discount rates based on current offering rates of comparable financings with similar terms. The carrying value of the debt obligations approximate fair value considering the borrowing rates are at the same level of the current market yield for the comparable debts and represent a level 2 measurement.

The fair value of the cost method investments was $214,492 as of December 31, 2016, as compared with $194,437 of carrying value. Cost method investments do not have a quoted market price. The Company determined the fair value of the cost method investments generally by adopting a market approach concluding on the overall investee’s equity value which takes into consideration a number of factors that include expected market multiples from publicly traded companies in the industry, and allocating this value to the various classes of preferred and common shares by using an option-pricing method which takes into consideration a number of factors that include lack of marketability discount, interest rate, expected volatility, probability weight for each scenario including liquidation, redemption and initial public offering as applicable. The determination of the fair value requires the Company to make certain assumptions and estimates regarding industry economic factors. This represents a level 3 measurement.

Assets and liabilities measured at fair value on a recurring basis

The Company measured its short-term investments, long-term available-for-sale investment, written put option and liability-classified warrant at fair value on a recurring basis as of December 31, 2015 and 2016.

The short-term investments included the investments in equity securities and corporate bonds that were traded publicly in the open market and were valued based on the quoted market price.

The Company's derivative financial instruments were classified as Level 2, as they were not actively traded and were valued using pricing models that used observable market inputs. The Company did not have any transfers between Level 1 and Level 2 fair value measurements during the periods presented.

The following table summarizes the Company's financial assets and liabilities measured and recorded at fair value on recurring basis as of December 31, 2015 and 2016, respectively:

	As of December 31, 2015								As of December 31, 2016
	Fair Value Measurement at the Reporting Date using								Fair Value Measurement at the Reporting Date using
	Quoted price in		Significant						Quoted price in		Significant
	active markets		other		Significant				active markets		other		Significant
	for identical		observable		unobservable				for identical		observable		unobservable
	assets		inputs		in puts				assets		inputs		in puts
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total

Short-term investments
Trading securities:
Equity securities		264		-		-		264		-		-		-		-
Corporate bonds		741		-		-		741		-		-		-		-
Funds		1,856		-		-		1,856		411		-		-		411
Future		(3)		-		-		(3)		(1)		-		-		(1)
Derivative financial instruments:
Interest rate swaptions		-		10		-		10		-		-		-		-
Interest rate swap		-		(249)		-		(249)		-		-		-		-
Long-term investments
Available-for-sale investments:
Convertible redeemable preferred shares		-		-		219,278		219,278		-		-		138,485		138,485
Convertible debt		-		-		6,500		6,500		-		-		4,700		4,700
Accrued expense and other current liabilities
Written put option		-		-		(7,000)		(7,000)		-		-		-		-
Liability-classified warrant		-		-		(6,656)		(6,656)		-		-		(6,551)		(6,551)
Total	$	2,858	$	(239)	$	212,122	$	214,741		410		-	$	136,634	$	137,044

The following table provides additional information about the reconciliation of the fair value measurements of assets and liabilities using significant unobservable inputs (level 3).

	Convertible redeemable preferred shares		Convertible Debt		Written put option		Liability- classified warrant

Balance as of December 31, 2014	$	51,492	$	5,000	$	(730)	$	-
Initial recognition		131,457		1,500		-		(6,656)
Gains (losses) for the period
Earnings		695		-		(6,270)		-
Other comprehensive income		35,634		-		-		-

Balance as of December 31, 2015	$	219,278	$	6,500	$	(7,000)	$	(6,656)

Initial recognition		6,492		3,200		-		-
Derecognition		(17,937)		(5,000)		7,000		-
Gains (losses) for the period
Earnings		(50,830)		-		-		105
Other comprehensive income		(18,518)		-		-		-

Balance as of December 31, 2016	$	138,485	$	4,700	$	-	$	(6,551)

Trading securities recorded in short-term investments were valued using the market approach based on the quoted prices in active markets at the reporting date.

Derivative financial instruments were valued based on quoted market prices of similar instruments and other significant inputs derived from or corroborated by observable market data.

Long-term available-for-sale investments do not have a quoted market rate. The Company determined the fair value of the long-term available-for-sale investments generally by adopting a market approach concluding on the overall investee’s equity value which takes into consideration a number of factors that include expected market multiples from publicly traded companies in the industry, and allocating this value to the various classes of preferred and common shares by using an option-pricing method which takes into consideration a number of factors that include lack of marketability discount, interest rate, expected volatility, probability weight for each scenario including liquidation, redemption and initial public offering as applicable. The determination of the fair value requires the Company to make certain assumptions and estimates regarding industry economic factors.

The Company determined that the fair value of the written option as of December 31, 2015 approximated the amount paid by the Company in 2016 to exercise the put option given that the underlying investment was valued at $nil.

The liability-classified warrant was valued using Black-Scholes model with the following assumptions.

	Years ended December 31,
	2015			2016
Exercise price	$	15.78		$	15.78
Annual risk-free interest rate		1.4	%		1.7	%
Volatility		29	%		28	%
Dividend yield		-			-

The assumptions are inherently uncertain and subjective. Changes in any unobservable inputs may have a significant impact on the fair values.

Assets measured at fair value on a nonrecurring basis

The Company measured its property and equipment, goodwill and other intangible assets, long-term investments (excluding the long-term available-for-sale investments) at fair value on a nonrecurring basis whenever events or changes in circumstances indicate that the carrying value may no longer be recoverable.

As of December 31, 2015, the Company performed an impairment test on its equity method investment in ESS using the income approach and recorded an impairment loss of $4,258 during the year ended December 31, 2015. The impairment of the equity method investment in ESS is considered a level 3 asset because the Company used unobservable inputs, such as the estimated terminal growth rate and discount rate. The estimated terminal growth rate and discount rate used in the fair value measurement were 3% and 30%, respectively.

As of December 31, 2016, the Company performed impairment tests on its equity method investments and cost method investments using the market approach or asset-based approach and recorded OTTI losses of $7,519 and $43,958 for its equity method investments and cost method investments during the year ended December 31, 2016, respectively (see Note 9). The impairment of the equity method investments and cost method investments is considered level 3 because the Company used unobservable inputs, such as a lack of marketability discount and probability weighting for each scenario including liquidation, redemption and an initial public offering as applicable.

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

SHARE-BASED COMPENSATION

12 Months Ended

Dec. 31, 2016

SHARE-BASED COMPENSATION [Abstract]

SHARE-BASED COMPENSATION

16.

SHARE-BASED COMPENSATION

Stock options

The Company adopted 2003 Stock Incentive Plan (the "2003 Plan"), 2004 Stock Incentive Option Plan (the "2004 Plan"), 2005 Stock Incentive Plan (the "2005 Plan"), 2006 Equity Incentive Plan (the "2006 Plan"), 2008 Equity Incentive Plan (the "2008 Plan"), 2009 Equity Incentive Plan (the "2009 Plan"), 2011 Share Incentive Plan (the "2011 Plan"), 2016 Share Incentive Plan (the "2016 Plan") and the Equity Incentive Plan specifically for Online Gaming (the "Link224 Inc. Plan") for the granting of stock options and incentive stock options to employees and executives to reward them for service to the Company and to provide incentives for future service. In 2006, the Company adopted 2006 Plan to replace the 2003 Plan, 2004 Plan and 2005 Plan. On February 26, 2016, the Company amended 2011 Plan and 45,000,000 ordinary shares have been added to the award pool under the 2011 Plan. The maximum aggregate number of shares which may be issued pursuant to all awards under the 2006 Plan, 2008 Plan, 2009 Plan, 2011 Pan, 2016 Plan and Link224 Inc. Plan is 97,430,220, 30,529,630, 40,000,000, 110,014,158, 53,596,236 and 13,055,529, respectively. The term of the options may not exceed ten years from the date of the grant, except for the situation of amendment, modification and termination. The awards under the above plans are subject to vesting schedules ranging from immediately upon grant to six years subsequent to grant date.

On December 28, 2012, the Company modified the exercise price of the outstanding share options granted from $4.00 per ADS to $3.30 per ADS, which is the closing price of the Company's ADS on the modification date. The eligible outstanding options for this modification as of December 31, 2012 totaled at 27,480,309. The total incremental cost as a result of the modification was $4,281, which was fully recognized as of the year ended December 31, 2016.

On May 19, 2014, the Company granted 69,593,691 share options to certain employees with exercise price of $1.097 per share. Amongst, 34,796,847 shares were under agreement where 25% of the options will be vested on May 19, 2015 and 1/36 of the remaining 75% will be vested at the 18^th day of each calendar month after May 19, 2015 through the end of the fourth year; 34,796,844 were under conditional option agreement where (1) 100% of the options shall be forfeited on May 19, 2017 unless the average closing price of one ADS of the Company during any 30-day period beginning on or after May 19, 2014 and ending on or before May 19, 2017 is $6.00 or higher, and (2) 25% of the options will be vested on May 19, 2015 and 1/36 of the remaining 75% will be vested at the 18th day of each calendar month after May 19, 2015 through the end of the fourth year, however, that any conditional management options shall not be vested until the end of said 30-day period. On December 23, 2015, the Company’s Compensation Committee approved to waive the award condition for certain outstanding share options. The total incremental cost as a result of the modification was $10,926.

On December 29, 2014, the Company’s Compensation Committee approved to reduce the exercise price for all outstanding options previously granted by the Company with an exercise price higher than $0.873 per ordinary share to $0.873 per share. This action was accounted for as a share option modification and required the remeasurement of these share options. This remeasurement resulted in a total incremental share-based compensation of $6,350.

Excluding the options containing market and service vesting conditions, the Company calculated the estimated fair value of the options on the respective grant dates using the binomial option pricing model with the assistance from independent valuation firms, with the following assumptions used in 2014 and 2016. The Company did not grant any options in 2015. The weighted-average grant-date fair value of the share options granted during 2014 and 2016 was $0.55 and $0.54, respectively.

	Years ended December 31,
	2014			2016
	Using binomial model			Using binomial model
Risk-free interest rate		2.6	%		2.0	%
Volatility		54	%		50	%
Expected term (in years)		10			10
Exercise price	$	1.097		$	1.227
Dividend yield		-			-

(1)

Volatility

The volatility of the underlying ordinary shares during the life of the options was estimated based on the historical stock price volatility of listed comparable companies over a period comparable to the expected term of the options.

(2)

Risk-free interest rate

Risk-free interest rate was estimated based on the yield to maturity of treasury bonds of the United States with a maturity period close to the expected life of the options.

(3)

Expected term

For the options granted to employees, the Company estimated the expected term based on the vesting and contractual terms and employee demographics. For the options granted to non-employees, the Company estimated the expected term as the original contractual term.

(4)

Dividend yield

The dividend yield was estimated by the Company based on its expected dividend policy over the expected term of the options.

(5)

Exercise price

The exercise price of the options was determined by the Company's board of directors.

(6)

Fair value of underlying ordinary shares

The closing market price of the Company's ordinary shares on the grant date was used.

For the options containing market and service vesting conditions, the Company estimated the fair value and derived service period of these options using a Monte Carlo simulation pricing model. The calculation was based on the exercise price of $1.097 per ordinary share, the stock price of $2.60, annual risk free rate of 2.197%, volatility of 52% and a term of 10 years.

The aggregate intrinsic value was calculated as the difference between the exercise price of the underlying awards and the closing stock price of $0.84, $1.23, and $0.53 of the Company's ordinary share on December 31, 2014, 2015 and 2016, respectively. The total intrinsic value of options exercised for the years ended December 31, 2014, 2015 and 2016 were $5,463, $2,044, and $1,118, respectively. The total fair value of options vested during the years ended December 31, 2014, 2015 and 2016 were $12,068, $23,008, and $12,721, respectively.

The following table summarizes information with respect to share options outstanding as of December 31, 2016:

	Options outstanding								Options exercisable
			Weighted		Weighted		Weighted				Weighted		Weighted		Weighted
			average		average		average				average		average		average
	Number		remaining		exercise		intrinsic		Number of		remaining		exercise		intrinsic
Range of exercise prices	outstanding		contractual life		price		value		exercisable		contractual life		price		value

$0.08~$0.18		1,469,135		1.78	$	0.18	$	514		1,469,100		1.78	$	0.18	$	514
$0.2~$0.3		400,000		0.77	$	0.28	$	102		399,999		0.77	$	0.28	$	102
$0.35~$0.38		1,059,802		0.77	$	0.36	$	184		1,059,792		0.77	$	0.36	$	184
$0.873~$1.3		142,517,623		7.37	$	0.97		-		77,563,638		6.53	$	0.87		-
		145,446,560					$	800		80,492,529					$	800

			Weighted		Weighted
			average		average
			exercise		grant date
	Number of shares		price		fair value

Balance, January 1, 2015		117,848,006	$	0.81	$	0.68

Exercised		(3,089,784)	$	0.44	$	0.28
Forfeited		(1,875,825)	$	0.87	$	0.65

Balance, December 31, 2015		112,882,397	$	0.82	$	0.69

Granted		39,752,430	$	1.227	$	0.54
Exercised		(2,637,393)	$	0.44	$	0.33
Forfeited		(4,550,874)	$	0.09	$	1.60

Balance, December 31, 2016		145,446,560	$	0.96	$	0.63

Exercisable, December 31, 2016		80,492,529	$	0.85

Expected to vest, December 31, 2016		64,954,031	$	1.09

For employee stock options, the Company recorded share-based compensation from continuing operations of $18,282, $22,989, and $19,420 and from discontinued operations of $777, $1,736 and $nil for the years ended December 31, 2014, 2015, and 2016, respectively, based on the fair value on the grant dates over the requisite service period of award using the straight-line method.

For non-employee options, the Company recorded share-based compensation from continuing operations of $614, $77, and $nil and from discontinued operations of $nil for the years ended December 31, 2014, 2015, and 2016, respectively, based on the fair value on the grant dates over the requisite service period of award using the straight-line method.

As of December 31, 2016, there was $35,835 unrecognized share-based compensation expense relating to share options. This amount is expected to be recognized over a weighted-average vesting period of 2.39 years.

Nonvested restricted shares

Immediately before the disposition of Qianjun Technology in November 2014 (see Note 4.2), the Company accelerated the vesting of the nonvested restricted shares that were previously granted to Qianjun Technology's employees and these became fully vested. As a result, the Company recorded incremental share-based compensation expenses of $1,955, which was considered as disposition-related cost and recorded as a deduction of the gain on deconsolidation of the subsidiaries.

A summary of the nonvested restricted shares activity is as follows:

	Weighted		Weighted
	number of		average fair value
	nonvested		per ordinary
	restricted		share at the
	shares		grant dates
Outstanding as of December 31, 2014		5,712,993		1.10
Granted		6,025,092		0.97
Vested		(2,084,511)		1.04
Forfeited		(3,643,836)		1.04

Outstanding as of December 31, 2015		6,009,738		1.02

Granted		14,244,837		1.00
Vested		(2,648,934)		1.02
Forfeited		(1,670,433)		1.02

Outstanding as of December 31, 2016		15,935,208		1.00

The Company recorded compensation expenses based on the fair value of nonvested restricted shares on the grant dates over the requisite service period of award using the straight line vesting attribution method. The fair value of the nonvested restricted shares on the grant date was the closing market price of the ordinary shares as of the date. The Company recorded the compensation expenses related with nonvested restricted shares from continuing operations of $1,196, $1,509 and $4,124 and from discontinued operations of $2,735, $ nil and $nil for the years ended December 31, 2014, 2015 and 2016, respectively.

Total unrecognized compensation expense amounting to $14,923 related to nonvested restricted shares granted as of December 31, 2016. The expense is expected to be recognized over a weighted-average period of 2.88 years.

In December 2015, the Company provided a loan of $1,930 to one of its employees who was also a 25% noncontrolling shareholder of Wanmen, a subsidiary in which the Company initially owned a 75% equity interest. The employee used the loan to further contribute to Wanmen’s capital. In January 2016, the Company waived the loan to the noncontrolling interest shareholder. The Company determined that the waiver of the loan and the capital contribution of Wanmen were a single transaction and accounted for the waiver of the loan as share-based compensation expense during the year ended December 31, 2015. In February 2016, Wanmen further received a capital injection from another external investor; as a result, the Company lost control over Wanmen and deconsolidated Wanmen during the year ended December 31, 2016.

The amount of share-based compensation expense for options and nonvested restricted shares attributable to cost of revenues, selling and marketing, research and development, general and administrative expenses and loss from the operations of the discontinued operations are as follows:

	Years ended December 31,
	2014		2015		2016

Gross amount:
Selling and marketing	$	193	$	243	$	770
Research and development		916		781		1,363
General and administrative		18,983		25,481		21,411
		20,092		26,505		23,544
Expense from the discontinued operations		3,512		1,736		-

Total share-based compensation expense	$	23,604	$	28,241	$	23,544

There was no income tax benefit recognized in the statements of operations for share-based compensation for the years ended December 31, 2014, 2015 and 2016.

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

RELATED PARTY BALANCES AND TRANSACTIONS

RELATED PARTY BALANCES AND TRANSACTIONS

12 Months Ended

Dec. 31, 2016

17.

RELATED PARTY BALANCES AND TRANSACTIONS

Details of related party balances and transactions as of December 31, 2015 and 2016 are as follows:

(1)

Amounts due from related parties

As of December 31, 2015 and 2016, amounts due from related parties were $16,484 and $13,419, respectively, and details are as follows:

		As of December 31,
	Note	2015		2016

Golden Axe, equity investee of the Company	(i)	$	15,963	$	-
Tianjin Yi Chuang Xin He Information Technology Co., Ltd., (“Yi Chuang Xin He”), a subsidiary of Eall, available-for-sale investee of the Company	(ii)		-		10,082
Others			521		3,337

Total		$	16,484	$	13,419

(i)

The balance represents loans to Golden Axe. Since December 2014, the Company entered into a series of loan agreements with Golden Axe, pursuant to which, short-term loans with an aggregate amount of $15,804 were provided by the Company. Among the loans, $3,320 bears interest of 5% per annum and the rest is interest-free. In December 2015, Golden Axe became an equity investee of the Company. In January 2016, $4,905 of loans were forgiven in order to settle an equivalent portion of the consideration payable for the Company's investment in Golden Axe. In April 2016, Golden Axe repaid the remainder of the loan to the Company. See the related investment discussion at Note 9 (iv).

(ii)

The balance represents the loan to Yi Chuang Xin He. Yi Chuang Xin He is a subsidiary of Eall, which is an available-for-sale investee of the Company. In May 2016, the Company entered into agreements with Eall and Yi Chuang Xin He for a series of loan transactions, pursuant to which the Company made a loan amounting to RMB70 million to Yi Chuang Xin He. At the same time, Eall made a loan in US dollar to the Company amounting to RMB70 million ($10,692). Both of the loans are free of interest. The loan due from Yi Chuang Xin He is repayable on demand. The loan due to Eall is repayable 5 work days after Yi Chuang Xin He repays the loan to the Company. The Company recorded the loans as amount due from and amount due to related parties as the Company does not have the right to offset and does not intend on setting off the loans. As of December 31, 2016, both of the loans remained outstanding.

(2)

Amounts due to related parties:

		As of December 31,
		2015		2016

Eall	(i)	$	-	$	10,692
Others			36		222

Total		$	36	$	10,914

(i)

The balance represents the loan provided by Eall (see Note 17 (1)).

(3)

Transactions with related parties for amount due from related parties

	Years ended December 31,
	2014		2015		2016

Loan to Beautiful Bay Co., Ltd, substantially controlled by the majority shareholder of OPH which is controlled by the CEO of the Company	$	-	$	4,775	$	-
Loan to Yi Chuang Xin He		-		-		10,542
Others		751		182		4,083

Total	$	751	$	4,957	$	14,625

(4)

Transactions with related parties for amount due to related parties

	Years ended December 31,
	2014		2015		2016

Loan from Eall	$	-	$	-	$	10,692
Others		400		152		413

Total	$	400	$	152	$	11,105

(5)

In July 2012, the Company purchased $10,000 Series 2012-A Senior Secured Sofi Loan Notes issued by SoFi Lending Corp., a subsidiary of SoFi. OPH is a shareholder of SoFi and the Company's chairman and CEO, Joe Chen, is a director of SoFi. In September 2012, March 2014, January and February 2015, and October 2015, the Company invested $49,000, $20,789, $22,331 and $150,000 in newly issued Series B preferred shares, Series D preferred shares, Series E preferred shares and Series F preferred shares of SoFi, respectively, concurrently with a group of other investors. These transactions were approved by the independent, disinterested members of the Company's board and the audit committee of the board.

(6)

In November 2015, the CEO of the Company provided joint and several liability guarantee for a long-term debt with a principal of $69,468 (see Note 11).

(7)

In 2006, the Company entered into an agreement to make a loan of $167 to Liu Guolan, who is the mother-in-law of the Company’s CEO, for her investment into Beijing Hulian Shidai Telecom Technology Co., Ltd. (“Hulian Shidai”). The period of the loan is 10 years.

In 2016, the Company received $7,188 from Liu Guolan for the repayment of the loan, which is all the proceeds directly or indirectly received by Liu Guolan through holding the investment in Hulian Shidai. $7,021 of the repayment was recorded as other income in the year ended December 31, 2016 as the Company has no further obligations to the relevant payment received.

(8)

In November 2016, the COO of the Company provided joint and several liability guarantee for a short-term debt with a principal of $7,202 (see Note 11).

SEGMENT INFORMATION

12 Months Ended

Dec. 31, 2016

SEGMENT INFORMATION [Abstract]

SEGMENT INFORMATION

18.

SEGMENT INFORMATION

The Company's Chief Operating Decision Maker (the "CODM") is the CEO, who is responsible for decisions about allocating resources and assessing performance of the Company.

The Company had two reportable segments as of and for the years ended December 31, 2016, 2015 and 2014, namely Renren and Internet Finance.

	Year ended December 31, 2014						Year ended December 31, 2015						Year ended December 31, 2016
	Renren		Internet Finance		Total		Renren		Internet Finance		Total		Renren		Internet Finance		Total

Net revenues	$	46,641	$	27	$	46,668	$	32,507	$	8,604	$	41,111	$	34,047	$	29,317	$	63,364
Cost of revenues		34,563		100		34,663		29,732		6,988		36,720		25,880		25,887		51,767
Operating expenses		171,246		1,672		172,918		87,331		22,366		109,697		63,713		20,897		84,610
Operating loss		(159,168)		(1,745)		(160,913)		(84,556)		(20,750)		(105,306)		(55,546)		(17,467)		(73,013)
Net income (loss) from continuing operations		31,535		(1,745)		29,790		(202,427)		(20,750)		(223,177)		(176,586)		(17,467)		(194,053)
Net income from discontinued operations		30,288		-		30,288		1,520		-		1,520		8,701		-		8,701

Net income (loss)	$	61,823	$	(1,745)	$	60,078	$	(200,907)	$	(20,750)	$	(221,657)	$	(167,885)	$	(17,467)	$	(185,352)

The Company does not allocate assets to its current operating segments as management does not believe that allocating these assets is useful in evaluating these segments’ performance. Accordingly, the Company has not made disclosure of total assets by reportable segment.

The majority of the Company's revenue for the years ended December 31, 2014, 2015 and 2016 was generated from the PRC.

As of December 31, 2014, 2015 and 2016, respectively, substantially all of long-lived assets of the Company were located in the PRC.

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
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COMMITMENTS AND CONTINGENCY [Abstract]

EARNINGS PER SHARE

12 Months Ended

Dec. 31, 2016

EARNINGS PER SHARE [Abstract]

EARNINGS PER SHARE

19.

EARNINGS PER SHARE

The following table sets forth the computation of basic and diluted net income (loss) per ordinary share for the years ended:

	Years ended December 31,
	2014		2015		2016
Net income (loss):
Income (loss) from continuing operations	$	29,790	$	(223,177)	$	(194,053)
Income on discontinued operations, net of tax		30,288		1,520		8,701

Net income (loss)		60,078		(221,657)		(185,352)
Add: net loss attributable to noncontrolling interest		382		1,529		-

Net income (loss) attributable to Renren Inc. shareholders	$	60,460	$	(220,128)	$	(185,352)

Weighted average number of ordinary shares outstanding used in computing net income (loss) per ordinary share-basic		1,059,446,436		1,019,378,556		1,022,664,396
Incremental weighted average ordinary shares from assumed exercise of stock options using the treasury stock method		8,185,273		7,857,646		4,512,567

Weighted average number of ordinary shares outstanding used in computing net income per ordinary share-diluted		1,067,631,709		1,027,236,202		1,027,176,963

Net income (loss) per ordinary share attributable to Renren Inc. shareholders - basic:
Income (loss) per ordinary share from continuing operations	$	0.03	$	(0.22)	$	(0.19)
Income per ordinary share from discontinued operations	$	0.03	$	0.00	$	0.01

Net income (loss) per ordinary share attributable to Renren Inc. shareholders - basic:	$	0.06	$	(0.22)	$	(0.18)

Net income (loss) per ordinary share attributable to Renren Inc. shareholders - diluted:
Income (loss) per ordinary share from continuing operations	$	0.03	$	(0.22)	$	(0.19)
Income per ordinary share from discontinued operations	$	0.03	$	0.00	$	0.01

Net income (loss) per ordinary share attributable to Renren Inc. shareholders - diluted:	$	0.06	$	(0.22)	$	(0.18)

For the years ended December 31, 2015 and 2016, 71,934,546 and 142,517,623 stock options and 2,232,348 and 3,354,015 nonvested shares were excluded from the calculation of diluted weighted average number of common shares, respectively, as their effect was anti-dilutive.

COMMITMENTS

12 Months Ended

Dec. 31, 2016

COMMITMENTS AND CONTINGENCY

20.

COMMITMENTS

(1)

Operating lease as lessee

The Company leases its facilities and offices under non-cancelable operating lease agreements. In addition, the Company pays telecommunications carriers and other service providers for telecommunications services and for hosting its servers at their internet data centers under non-cancelable agreements, which are treated as operating leases. These leases expire through 2018 and are renewable upon negotiation. Rental and bandwidth expenses under operating leases for 2014, 2015 and 2016 from continuing operations were $18,575, $12,113, and $5,964 respectively and from discontinued operations were $12,272, $2,553 and $ 183, respectively.

Future minimum lease payments under such non-cancellable leases as of December 31, 2016 are as follows:

2017	$	5,006
2018		3,193
2019		2,920

Total	$	11,119

(2)

Future minimum principal payments related to the Company’s long-term debts as of December 31, 2016 are as follows (see Note 11):

2017	$	-
2018		59,260
2019		42,786

Total	$	102,046

(3)

Unconditional investment commitment

The Company was obligated to pay up to $24,865 and $2,887 for the acquisition of investments under various arrangements as of December 31, 2015 and 2016, respectively.

EMPLOYEE BENEFIT PLAN

12 Months Ended

Dec. 31, 2016

Compensation and Retirement Disclosure [Abstract]

EMPLOYEE BENEFIT PLAN

21.

EMPLOYEE BENEFIT PLAN

Full time employees of the Company in the PRC participate in a government-mandated defined contribution plan pursuant to which certain pension benefits, medical care, unemployment insurance, employee housing fund and other welfare benefits are provided to employees. The Company accrues for these benefits based on certain percentages of the employees' salaries. The total provisions for such employee benefits from continuing operations were $11,769, $10,032 and $6,469 and from discontinued operations were $4,261, $621 and $85 for the years ended December 31, 2014, 2015 and 2016, respectively.

OTHER COMPREHENSIVE INCOME (LOSS)

12 Months Ended

Dec. 31, 2016

ORDINARY SHARES [Abstract]

OTHER COMPREHENSIVE INCOME (LOSS)

22.

OTHER COMPREHENSIVE INCOME (LOSS)

Movement of accumulated other comprehensive income is as follow:

	Foreign		Unrealized
	currency		gain (loss) on
	translation		available-for-sale
	adjustments		investments		Total

Balance as of December 31, 2013	$	14,306	$	160,475	$	174,781

Other comprehensive loss		(5,039)		(161,968)		(167,007)

Balance as of December 31, 2014	$	9,267	$	(1,493)	$	7,774

Exchange difference		(7,777)		37,127		29,350

Balance as of December 31, 2015	$	1,490	$	35,634	$	37,124

Exchange difference		(10,994)		(19,247)		(30,241)

Balance as of December 31, 2016	$	(9,504)	$	16,387	$	6,883

The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Reclassification Adjustments
-URI http://asc.fasb.org/extlink&oid=6522872

STATUTORY RESERVE AND RESTRICTED NET ASSETS [Abstract]

STATUTORY RESERVE AND RESTRICTED NET ASSETS

12 Months Ended

Dec. 31, 2016

STATUTORY RESERVE AND RESTRICTED NET ASSETS

23.

STATUTORY RESERVE AND RESTRICTED NET ASSETS

In accordance with the Regulations on Enterprises with Foreign Investment of China and their articles of association, the Company’s subsidiaries and VIE entities located in the PRC, being foreign invested enterprises established in the PRC, are required to provide for certain statutory reserves. These statutory reserve funds include one or more of the following: (i) a general reserve, (ii) an enterprise expansion fund or discretionary reserve fund, and (iii) a staff bonus and welfare fund. Subject to certain cumulative limits, the general reserve fund requires a minimum annual appropriation of 10% of after-tax profit (as determined under accounting principles generally accepted in China at each year-end); the other fund appropriations are at the subsidiaries' or the affiliated PRC entities' discretion. These statutory reserve funds can only be used for specific purposes of enterprise expansion, staff bonus and welfare, and are not distributable as cash dividends except in the event of liquidation of the Company's subsidiaries, the Company's affiliated PRC entities and their respective subsidiaries. The Company's subsidiaries and VIE entities are required to allocate at least 10% of their after-tax profits to the general reserve until such reserve has reached 50% of their respective registered capital. As of December 31, 2016, none of the Company's PRC subsidiaries and VIE entities had a general reserve that reached the 50% of their registered capital threshold, therefore they will continue to allocate at least 10% of their after-tax profits to the general reserve fund.

Appropriations to the enterprise expansion reserve and the staff welfare and bonus reserve are to be made at the discretion of the board of directors of each of the Company's subsidiaries.

The appropriation to these reserves by the Company's PRC subsidiaries was $nil, $nil and $nil for the years ended December 31, 2014, 2015 and 2016, respectively.

As a result of these PRC laws and regulations and the requirement that distributions by PRC entities can only be paid out of distributable profits computed in accordance with PRC GAAP, the PRC entities are restricted from transferring a portion of their net assets to the Company. Amounts restricted include paid-in capital and the statutory reserves of the Company's PRC subsidiaries and VIE entities. The aggregate amounts of capital and statutory reserves restricted which represented the amount of net assets of the relevant subsidiaries and VIE entities in the Company not available for distribution was $350,823 and $370,971 as of December 31, 2015 and 2016, respectively.

SUBSEQUENT EVENT

12 Months Ended

Dec. 31, 2016

SUBSEQUENT EVENT [Abstract]

SUBSEQUENT EVENT

24.

SUBSEQUENT EVENT

Long-term investment

(1)

In January 2017, the Company purchased additional common shares of Beijing Cai Qiu Shi Ji Technology Development Co., Ltd. ("Caiqiu"), a cost method investee of the Company, with a consideration of $1,462 from one of Caiqiu's shareholder. As a result, the Company’s equity ownership increased to 15%.

(2)

In January 2017, the Company purchased common shares of Shanghai Sinceme Networking and Technology Co. Ltd. ("Sinceme") with a consideration of $2,939 from one of Sinceme's shareholder.

(3)

In January 2017, the Company purchased additional common shares issued by Shenzhen Xing Tu Zhi Kong Technology Co., Ltd, a cost method investee of the Company, with a consideration of $4,321. As a result, the Company’s equity ownership increased to 16.06%.

(4)

In January 2017, the Company provided a loan of $1,440 to Kuwei Optics Technology (Shanghai) Co., Ltd., a subsidiary of an equity method investee of the Company.

(5)

In February 2017, the Company purchased a convertible promissory note with a consideration of $2,000 from Plum Inc., an equity method investee of the Company.

(6)

In April 2017, the Company disposed 5,719,986 preferred shares of SoFi for total net proceeds of $91,926.

(7)

From February 2017 to April 2017, due to capital commitments, the Company made investments of $400, $120 and $90 to 11.2 Capital I, L.P., Arbor Venture Fund I, L.P. and Social Leverage Capital Fund II, L.P., respectively.

Additional Information - Financial Statement Schedule I Condensed Financial Information of Parent Company

12 Months Ended

Dec. 31, 2016

Schedule I Condensed Financial Information of Parent Company

Schedule I Condensed Financial Information of Parent Company

Additional Information - Financial Statement Schedule I

Condensed Financial Information of Parent Company

BALANCE SHEETS

(U.S. dollars in thousands, except share data and per share data, or otherwise noted)

	As of December 31,
	2015		2016
ASSETS

Current assets:
Cash and cash equivalents	$	5,633	$	15,694
Restricted cash		115,370		-
Prepaid expenses and other current assets		18,848		-
Amounts due from subsidiaries		1,062,047		1,127,402

Total current assets		1,201,898		1,143,096
Long-term investments		242,099		232,952
Investment in subsidiaries		(350,092)		(529,991)

TOTAL ASSETS	$	1,093,905	$	846,057

LIABILITIES AND EQUITY

Current liabilities:
Short-term debt		100,000		30,000
Accrued expenses and other current liabilities		3,135		1,446
Amounts due to related party		-		10,692

Total current liabilities		103,135		42,138
Long-term liabilities		52,604		52,604
Other non-current liabilities		7,622		12,849

TOTAL LIABILITIES	$	163,361	$	107,591

Equity:
Class A ordinary shares, $0.001 par value, 3,000,000,000 shares authorized, 714,365,091 and 719,651,418 shares issued and outstanding as of December 31, 2015 and 2016, respectively		714		720
Class B ordinary shares, $0.001 par value, 500,000,000 shares authorized, 305,388,450 and 305,388,450 shares issued and outstanding as of December 31, 2015 and 2016, respectively		305		305
Additional paid-in capital		1,243,083		1,266,592
Accumulated deficit		(350,682)		(536,034)
Accumulated other comprehensive income		37,124		6,883
Equity		930,544		738,466
TOTAL LIABILITIES AND EQUITY	$	1,093,905	$	846,057

Additional Information - Financial Statement Schedule I

Condensed Financial Information of Parent Company

STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME

(U.S. dollars in thousands, except share data and per share data, or otherwise noted)

	Years ended December 31,
	2014		2015		2016
Selling and marketing	$	625	$	243	$	770
Research and development		1,342		780		1,363
General and administrative		24,964		28,811		25,477

Total operating expenses		26,931		29,834		27,610

Other income (loss)		332		(528)		307
Exchange loss on offshore bank accounts		(2,314)		(376)		(3)
Interest income		7,059		646		130
Interest expenses		-		(985)		(5,728)
Realized gain on short-term investments		167,225		4,102		-
Earnings (loss) in equity method investments		4,835		(3,516)		(3,968)
Gain (loss) on disposal of equity method investments		60,116		(534)		-
Equity in loss of subsidiaries and variable interest entities		(149,862)		(189,103)		(148,480)

Net income (loss)	$	60,460	$	(220,128)	$	(185,352)

Other comprehensive (loss) income, net of tax:
Foreign currency translation		(5,039)		(7,777)		(10,994)
Net unrealized gain on available-for-sale investments, net of tax of $nil for the years ended December 31, 2014, 2015 and 2016, respectively		13,223		40,695		(18,518)
Transfer to statements of operations of realized gain on available-for-sale securities, net of tax of $nil for the years ended December 31, 2014, 2015 and 2016, respectively		(175,191)		(3,568)		(729)

Other comprehensive (loss) income	$	(167,007)	$	29,350	$	(30,241)
Comprehensive loss	$	(106,547)	$	(190,778)	$	(215,593)

Additional Information - Financial Statement Schedule I

Condensed Financial Information of Parent Company

STATEMENT OF CHANGES IN EQUITY

(U.S. dollars in thousands, except share data and per share data, or otherwise noted)

													Accumulated		Total
									Additional				other		Renren
	Class A				Class B				paid-in		Accumulated		comprehensive		Inc.'s
	ordinary shares				ordinary shares				capital		deficit		income		equity
	Shares		Amount		Shares		Amount
Balance at January 1, 2014		789,976,372	$	790		305,388,450	$	305	$	1,285,283	$	(191,014)	$	174,781	$	1,270,145
Stock-based compensation		-		-		-		-		23,604		-		-		23,604
Other comprehensive income		-		-		-		-		-		-		(167,007)		(167,007)
Net income		-		-		-		-		-		60,460		-		60,460
Exercise of share option and restricted shares vesting		10,792,736		11		-		-		2,748		-		-		2,759
Repurchase of ordinary shares		(80,728,137)		(81)		-		-		(87,242)		-		-		(87,323)

Balance at December 31, 2014		720,040,971	$	720		305,388,450	$	305	$	1,224,393	$	(130,554)	$	7,774	$	1,102,638
Stock-based compensation		-		-		-		-		28,241		-		-		28,241
Other comprehensive income		-		-		-		-		-		-		29,350		29,350
Net income		-		-		-		-		-		(220,128)		-		(220,128)
Exercise of share option and restricted shares vesting		5,236,230		5		-		-		1,362		-		-		1,367
Repurchase of ordinary shares		(10,912,110)		(11)		-		-		(10,281)		-		-		(10,292)
Purchase of noncuntrolling
Interest in Jiehun China		-		-		-		-		119		-		-		119
Decrease in equity interest of Wanmen		-		-		-		-		(751)		-		-		(751)

Balance at December 31, 2015		714,365,091	$	714		305,388,450	$	305	$	1,243,083	$	(350,682)	$	37,124	$	930,544
Stock-based compensation		-		-		-		-		23,544		-		-		23,544
Other comprehensive income		-		-		-		-		-		-		(30,241)		(30,241)
Net income		-		-		-		-		-		(185,352)		-		(185,352)
Exercise of share option and restricted shares vesting		5,286,327		6		-		-		1,144		-		-		1,150
Deconsolidation of Wanmen		-		-		-		-		(1,179)		-		-		(1,179)

Balance at December 31, 2016		719,651,418	$	720		305,388,450	$	305	$	1,266,592	$	(536,034)	$	6,883	$	738,466

Additional Information - Financial Statement Schedule I

Condensed Financial Information of Parent Company

STATEMENTS OF CASH FLOWS

(U.S. dollars in thousands, except share data and per share data, or otherwise noted)

	Years ended December 31,
	2014		2015		2016
Cash flows from operating activities:
Net income (loss)	$	60,460	$	(220,128)	$	(185,352)
Equity in income of subsidiaries and variable interest entities		149,862		189,103		148,480
Share-based compensation expense		22,827		24,575		23,544
(Gain) loss on disposal of equity method investment		(60,116)		534		-
Exchange loss on offshore accounts		2,314		376		3
Gain on short-term investments and fair value change of derivatives		(167,225)		(4,102)		-
(Earnings) loss in equity method investment		(4,835)		3,516		3,968
Fair value change of liability-classified warrant		-		-		(105)
Changes in operating assets and liabilities:
Prepaid expenses and other current assets		1,770		2,796		107
Accrued expenses and other current liabilities		(444)		(5,040)		(1,689)
Other non-current liabilities		-		966		5,332
Increase in amounts due from subsidiaries		(512,295)		(128,551)		(65,055)
Capital distribution received from Japan Macro		25,321		-		-

Net cash used in operating activities		(482,361)		(135,955)		(70,767)

Cash flows from investing activities:
Restricted cash		-		(15,370)		15,370
Decrease in term deposits		250,495		139,514		-
Proceeds from sale of available-for-sale securities		415,528		33,416		-
Proceeds from sale of derivative financial instruments		80,861		-		-
Proceeds from principal return on SoFi Loan Note		1,370		984		5,879
Proceeds from sale of equity method investment		46,484		-		18,460
Proceeds from capital withdrawal from equity method investee		74,721		9,854		-
Dividend received from available-for-sale securities		1,050		137		-
Purchase of available-for-sale securities		(129,407)		-		-
Purchase of derivative financial instruments		(90,112)		-		-
Purchase of equity method investment		(20,789)		(172,331)		(1,000)
Purchase of cost method investment		-		(300)		-

Net cash provided by (used in) investing activities		630,201		(4,096)		38,709

Cash flows from financing activities:
Repurchase of ordinary shares		(76,462)		(10,292)		-
Proceeds from exercise of share options		2,514		1,231		1,430
Proceeds from borrowings		-		159,260		30,000
Restricted cash for debt borrowings		-		(100,000)		100,000
Repayment of borrowings.		-		-		(100,000)
Proceeds from loan from a related party		-		-		10,692
Repayment of promissory note issued to Nuomi Inc.		(60,884)		-		-

Net cash (used in) provided by financing activities		(134,832)		50,199		42,122

Net increase (decrease) in cash and cash equivalents		13,008		(89,852)		10,064
Cash and cash equivalents at beginning of year		82,586		95,485		5,633
Effect of exchange rate changes		(109)		-		(3)
Cash and cash equivalents at end of year	$	95,485	$	5,633	$	15,694

1.	BASIS FOR PREPARATION

The condensed financial information of the Parent Company has been prepared using the same accounting policies as set out in the Company’s consolidated financial statements except that the Parent Company used the equity method to account for investments in its subsidiaries and VIE.

The condensed financial information is provided since the restricted net assets of the Company’s subsidiaries, VIE and VIE’s subsidiaries were $370,971, over 25% of the consolidated net assets of the Company as of December 31, 2016.

2.	INVESTMENTS IN SUBSIDIARIES, VIE AND VIE’S SUBSIDIARIES

The Parent Company and its subsidiaries, VIEs and VIEs' subsidiaries were included in the consolidated financial statements where inter-company balances and transactions were eliminated upon consolidation. For purpose of the Parent Company’s stand-alone financial statements, its investments in subsidiaries, VIEs and VIEs' subsidiaries were reported using the equity method of accounting. The Parent Company’s share of loss from its subsidiaries, VIEs and VIEs' subsidiaries were reported as share of loss of subsidiaries, VIEs and VIEs' subsidiaries in the accompanying Parent Company financial statements. Ordinarily under the equity method, an investor in an equity method investee would cease to recognize its share of the losses of an investee once the carrying value of the investment has been reduced to $nil absent an undertaking by the investor to provide continuing support and fund losses. For the purpose of this Schedule I, the Parent Company has continued to reflect its share, based on its proportionate interest, of the losses of subsidiaries, VIEs and VIEs' subsidiaries regardless of the carrying value of the investment even though the Parent Company is not obligated to provide continuing support or fund losses.

The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)

12 Months Ended

Dec. 31, 2016

Basis of presentation

Basis of presentation

The consolidated financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States of America ("US GAAP").

Principles of consolidation

Principles of consolidation

Use of estimates

Use of estimates

Cash and cash equivalents

Cash and cash equivalents consist of cash on hand.

Accounts receivable and allowance for doubtful accounts

Restricted cash

Fair value

Fair value

⋅

Level 1-inputs are based upon unadjusted quoted prices for identical assets or liabilities traded in active markets.

⋅

Investments

Investments

(1)

Short-term investments

(2)

Long-term investments

Equity method investments

Warrants and call options

Cost method investments

Held-to-Maturity investment

Available-for-sale investment

Accounts receivable and allowance for doubtful accounts

Financing receivable

Financing receivable

In May 2016, the Company terminated all of its financing business conducted under the Intermediary Business Model. All subsequent financing has been performed by the Company.

Allowance for financing receivable

Allowance for financing receivable

Nonaccrual financing receivable

Nonaccrual financing receivable

Transfer of financial instruments

Transfer of financial instruments

Sales and transfers of financial instruments are accounted under authoritative guidance for the transfers and servicing of financial assets and extinguishment of liabilities.

Intangible assets with indefinite lives

Property and equipment, net

Property and equipment, net is carried at cost less accumulated depreciation. Depreciation is calculated on a straight-line basis over the following estimated useful lives:

Building	46 years
Furniture and vehicles	5 years
Computer equipment and application software	2-3 years
Leasehold improvements	Over the lesser of the lease term or useful life of the assets

Intangible assets with indefinite lives

Impairment of long-lived assets and intangible assets with definite lives

Impairment of long-lived assets and intangible assets with definite lives

Goodwill

Goodwill

Goodwill represents the excess of the purchase price over the fair value of identifiable net assets acquired in business combinations.

Goodwill is not amortized, but tested for impairment upon first adoption and annually, or more frequently if event and circumstances indicate that they might be impaired.

Revenue recognition

Revenue recognition

The Company recognizes revenues when persuasive evidence of an arrangement exists, delivery has occurred, the sales price is fixed or determinable, and collectability is reasonably assured.

Online advertising revenues

Contractual billings in excess of recognized revenue and payments received in advance of revenue recognition are recorded as deferred revenues.

Live streaming revenue

The Company generates live streaming revenue from both "Woxiu" and Renren mobile live streaming.

Internet finance services

-Used automobile financing

-Financing for installment sales to college students

-Other financing

Online game revenues

Cost of revenues

Cost of revenues

Business taxes

Business taxes

The Company reports revenue net of business taxes. Business taxes deducted in arriving at net revenue during 2014, 2015 and 2016 were $nil, $25 and $77, respectively.

Value added taxes

Value added taxes

Income taxes

Income taxes

Current income taxes are provided for in accordance with the laws of the relevant tax authorities.

Financial instruments

Financial instruments

Research and development expenses

Research and development expenses

Foreign currency translation

Foreign currency translation

Comprehensive (loss) income

Comprehensive (loss) income

Share-based compensation

Share-based compensation

Share awards issued to non-employees are measured at fair value at the earlier of the commitment date or the date the service is completed and recognized over the period the service is provided.

Earnings per share

Earnings per share

Accounting pronouncements newly adopted

Accounting pronouncements newly adopted

Recent accounting pronouncements not yet adopted

Recent accounting pronouncements not yet adopted

•

Step 1: Identify the contract (s) with a customer.

•

Step 2: Identify the performance obligations in the contract.

•

Step 3: Determine the transaction price.

•

Step 4: Allocate the transaction price to the performance obligations in the contract.

•

Step 5: Recognize revenue when (or as) the entity satisfies a performance obligation.

The new guidance makes targeted improvements to existing US GAAP by:

Requiring public business entities to use the exit price notion when measuring the fair value of financial instruments for disclosure purposes;

Eliminating the requirement to disclose the fair value of financial instruments measured at amortized cost for organizations that are not public business entities;

Debt prepayment or debt extinguishment costs.

Settlement of zero-coupon debt instruments or other debt instruments with coupon interest rates that are insignificant in relation to the effective interest rate of the borrowing.

Contingent consideration payments made after a business combination.

Proceeds from the settlement of insurance claims.

Proceeds from the settlement of corporate-owned life insurance policies, including bank-owned life insurance policies.

Distributions received from equity method investees.

Beneficial interests in securitization transactions.

Separately identifiable cash flows and application of the predominance principle.

An entity with a material balance of amounts generally described as restricted cash and restricted cash equivalents must disclose information about the nature of the restrictions.

ORGANIZATION AND PRINCIPAL ACTIVITIES (Tables)

12 Months Ended

Dec. 31, 2016

Condensed Financial Statements, Captions [Line Items]

Schedule of percentage of legal ownership by Renren Inc

	Later of date		Percentage of
	of incorporation	Place of	legal ownership
Name of Subsidiaries	or acquisition	incorporation	by Renren Inc.			Principal activities

Subsidiaries:
CIAC/ChinaInterActiveCorp ("CIAC")	August 5, 2005	Cayman Islands		100	%	Investment holding
Renren Wealth Inc.	March 7, 2011	Cayman Islands		100	%	Investment holding
Link224 Inc.	May 31, 2011	Cayman Islands		100	%	Investment holding
Renren Lianhe Holdings	September 2, 2011	Cayman Islands		100	%	Investment holding
Wole Inc.	October 27, 2011	Cayman Islands		100	%	Investment holding
JiehunChina Inc. ("JiehunChina")	June 14, 2011	Cayman Islands		100	%	Investment holding
Renren Giant Way Limited ("Renren Giant Way")	May 17, 2012	Hong Kong		100	%	Investment holding
Renren Gongying Inc..	October 2, 2015	Cayman Islands		100	%	Investment holding
Renren Study Inc.	April 5, 2012	Cayman Islands		100	%	Investment holding
Renren CRSP Holdings Inc.	October 14, 2016	Cayman Islands		100	%	Investment holding
Renren CHYP Holdings Inc.	October 14, 2016	Cayman Islands		100	%	Investment holding
Renren PLML Holdings Inc.	October 14, 2016	Cayman Islands		100	%	Investment holding
Renren KURY Holdings Inc.	October 14, 2016	Cayman Islands		100	%	Investment holding
Renren ONER Holdings Inc.	October 14, 2016	Cayman Islands		100	%	Investment holding
Renren BLCR Holdings Inc.	October 14, 2016	Cayman Islands		100	%	Investment holding
Renren ZHCH Holdings Inc.	October 14, 2016	Cayman Islands		100	%	Investment holding
Renren LSTAR Holdings Inc.	October 17, 2016	Cayman Islands		100	%	Investment holding
Renren CHRYPH Holdings Inc.	October 31, 2016	Cayman Islands		100	%	Investment holding
Happy Link Corporation Limited	May 7, 2011	Hong Kong		100	%	Investment holding
Renren Game Hong Kong Limited ("Game HK")	March 8, 2012	Hong Kong		100	%	Investment holding
Renren Lianhe (Hong Kong) Co. Limited.	May 16, 2016	Hong Kong		100	%	Investment holding
Renren Winday Company Limited.	July 26, 2016	Hong Kong		100	%	Investment holding
Renren Giantly Limited.	August 16, 2016	Hong Kong		100	%	Investment holding
Renren Gentle Height Company Limited.	December 7, 2016	Hong Kong		100	%	Investment holding
Renren Game USA Inc. (“Game USA”)	March 8, 2012	USA		100	%	Investment holding
Chime Technologies, Inc.	September 7, 2012	USA		100	%	Internet business
Qianxiang Shiji Technology Development (Beijing) Co., Ltd. ("Qianxiang Shiji")	March 21, 2005	PRC		100	%	Investment holding
Beijing Woxiu Information Technology Co. Ltd. ("Beijing Woxiu")	October 27, 2011	PRC		100	%	Investment holding
Beijing Jiexun Shiji Technology Development Co., Ltd. ("Jiexun Shiji")	April 26, 2012	PRC		100	%	Investment holding
Renren Huijin (Tianjin) Technology Co., Ltd. ("Huijin")	October 10, 2012	PRC		100	%	Investment holding
Joy Interactive (Beijing) Technology Development Co., Ltd.	April 24, 2013	PRC		100	%	Investment holding
Qianxiang Lianhe Technology Development (Beijing) Co., Ltd	November 12, 2016	PRC		100	%	Internet business

Variable Interest Entities:
Beijing Qianxiang Tiancheng Technology Development Co., Ltd. ("Qianxiang Tiancheng")	October 28, 2002	PRC		N/A		IVAS business
Guangzhou Xiuxuan Brokers Co., Ltd.(“Guangzhou Xiuxuan”)	September 22, 2014	PRC		N/A		IVAS business
Beijing RenrenJinfu Investment Management Co., Ltd (“Renren Jinfu”)	May 20, 2015	PRC		N/A		Internet business
Beijing Qianxiang Yixin Technology Development Co., Ltd	September 1, 2016	PRC		N/A		Investment holding

Subsidiaries of Variable Interest Entities:
Beijing Qianxiang Wangjing Technology Development Co., Ltd. ("Qianxiang Wangjing")	November 11, 2008	PRC		N/A		Internet business
Shanghai Qianxiang Changda Internet Information Technology Development Co., Ltd. ("Shanghai Changda")	October 25, 2010	PRC		N/A		Internet business
Beijing Wole Shijie Information Technology Co., Ltd. ("Wole Shijie")	October 27, 2011	PRC		N/A		Technology development and service
Beijing Qilin Wings Technology Development Co., Ltd..	January 16, 2013	PRC		N/A		Internet business
Beijing Zhenzhong Interactive Information Technology Co., Ltd	December 23, 2014	PRC		N/A		Internet business
Shanghai Wangjing Factoring Co., Ltd	July 28, 2015	PRC		N/A		Factoring business
Beijing Jingwei Zhihui Information Technology Co., Ltd. (“Jingwei Zhihui”)	March 19, 2014	PRC		N/A		Internet business
Shanghai Wangjing Investment Management Co., Ltd	April 20, 2015	PRC		N/A		Internet business
Fenqi Winday Company Limited,	February 29, 2016	Hong Kong		N/A		Internet business
Renren Finance, Inc.	December 15, 2014	Cayman Islands		N/A		Internet business
Shanghai Renren Financial Rental Co., Ltd	May 25, 2015	PRC		N/A		Internet business
Shanghai Mumian Interactive Internet Information Service Co., Ltd...	June 16, 2016	PRC		N/A		IVAS business
Guangzhou Qunge Information Technology Co., Ltd	August 26, 2016	PRC		N/A		IVAS business
Beijing Renren Zhihui Technology Co., Ltd	October 31, 2016	PRC		N/A		Internet business
Souxun Finance Advisory (Beijing) Co., Ltd	September 9, 2011	PRC		N/A		IVAS business
Tianjin Zhenzhong Interactive Information Technology Co., Ltd.	April 8, 2016	PRC		N/A		Investment holding
Beijing Qianxiang Wanxin Technology Development Co., Ltd.	November 18, 2016	PRC		N/A		Investment holding

Schedule of Consolidated Assets Backed Financing Entities

	As of December 31,
	2015		2016

Financing receivable, net		-	$	73,549

Total assets		-	$	73,549

Accrued expenses and other current liabilities		-	$	4
Payable to investors		-		141
Long-term payable to investors		-		59,916

Total liabilities		-	$	60,061

	Years ended December 31,
	2014		2015		2016

Net revenue		-		-		-
Net loss		-		-	$	375

	Years ended December 31,
	2014		2015		2016

Net cash provided by operating activities		-		-		-
Net cash used in investing activities		-		-		-
Net cash provided by financing activities		-		-		-

VIEs and their subsidiaries [Member]

Condensed Financial Statements, Captions [Line Items]

Schedule of consolidated financial information

	As of December 31,
	2015		2016

Cash and cash equivalents	$	15,359	$	55,908
Restricted cash		-		288
Short-term investments		2,748		410
Accounts receivable, net		4,044		4,702
Financing receivable, net		72,619		228,224
Prepaid expenses and other current assets		22,932		17,988
Amounts due from related parties		425		10,219
Current assets held for sale		3,917		-

Total current assets		122,044		317,739

Long-term financing receivable, net		15,273		330
Property and equipment, net		2,327		1,058
Long-term investments		18,852		36,470
Other non-current assets		1,195		876
Non-current assets held for sale		1,888		-

Total non-current assets		39,535		38,734

Total assets	$	161,579	$	356,473

Accounts payable	$	4,914	$	5,423
Short-term debt		6,919		7,202
Accrued expenses and other current liabilities		13,762		11,277
Payable to investors		46,219		182,810
Amounts due to related parties		36		222
Deferred revenue and advance from customers		3,670		5,804
Income tax payable		5,652		7,163
Current liabilities held for sale		7,729		-

Total current liabilities		88,901		219,901

Total liabilities	$	88,901	$	219,901

	Years ended December 31,
	2014		2015		2016

Net revenue	$	46,012	$	39,017	$	61,948
Loss from continuing operations	$	(66,467)	$	(68,991)	$	(31,997)
(Loss) income from discontinued operations	$	(26,025)	$	4,302	$	829

	Years ended December 31,
	2014		2015		2016

Net cash provided by operating activities	$	24,502	$	34,652	$	68,374
Net cash used in investing activities	$	(20,696)	$	(102,061)	$	(187,621)
Net cash provided by financing activities		-	$	55,928	$	148,080

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2016

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]

Schedule of estimated useful lives of property and equipment

Building	46 years
Furniture and vehicles	5 years
Computer equipment and application software	2-3 years
Leasehold improvements	Over the lesser of the lease term or useful life of the assets

DISCONTINUED OPERATIONS (Tables)

12 Months Ended

Dec. 31, 2016

DISCONTINUED OPERATIONS [Line Items]

Cash Flow Statement, Discontinued Operations

	Years ended December 31,
	2014		2015		2016

Net cash provided by (used in) operating activities	$	13,404	$	(10,164)	$	11,171
Net cash (used in) provided by investing activities	$	(1,668)	$	(1,304)	$	25

Summary of operating results from discontinued operations included in the Company's consolidated statement of operations

	Years ended December 31,
	2014						2015		2016
			Qianjun
	Nuomi Inc.		Technology		Renren Games		Renren Games		Renren Games

Major classes of line items constituting pretax profit (loss) of discontinued operations
Net revenues		-	$	6,822	$	36,286	$	17,071	$	1,699
Cost of revenues		-		(15,361)		(13,309)		(9,426)		(871)
Selling, research and development, and general and administrative expenses		-		(11,018)		(16,534)		(6,362)		(485)
Impairment of intangible assets		-		(13,536)		(714)		-		-
Other income and expenses that are not major		-		1,963		(2,114)		1,181		150
(Loss) income from the operations of the discontinued operations, before income tax		-		(31,130)		3,615		2,464		493
Income tax benefit (expenses)		-		321		-		(944)		(102)
(Loss) income from the operations of the discontinued operations, net of tax		-		(30,809)		3,615		1,520		391

Gain on deconsolidation of the subsidiaries, net of tax		-		489		-		-		8,310

Gain on disposal of equity method investment, net of tax		56,993		-		-		-		-

Gain (loss) from the discontinued operations, net of tax	$	56,993	$	(30,320)	$	3,615	$	1,520	$	8,701

Renren Games [Member]

DISCONTINUED OPERATIONS [Line Items]

Schedule of calculation of gain (loss) on deconsolidation

	As of
	March 31, 2016

The proceeds	$	17,500
Less: The repayment of intercompany loan provided by the Company		7,500

Net consideration		10,000

Less: Cash and cash equivalents		15,982
Prepaid expenses and other current assets		2,737
Property and equipment, net		194
Intangible assets, net		263
Other non-current assets		1,508
Accounts payable		(1,209)
Accrued expenses and other current liabilities		(7,062)
Amount due to the Company		(7,500)
Deferred revenue		(3,677)

Net assets of Online Gaming		1,236

Less: Tax expenses		454

Gain on deconsolidation of Online Gaming	$	8,310

Qianjun Technology [Member]

DISCONTINUED OPERATIONS [Line Items]

Schedule of calculation of gain (loss) on deconsolidation

		As of
	Note	December 1, 2014

The proceeds		$	25,000
Less: The repayment of intercompany loan provided by the Company			21,831
Net consideration			3,169

Less: Cash and cash equivalents			168
Other current assets			3,654
Property and equipment, net			2,347
Intangible assets, net			11,509
Goodwill			13,652
Other non-current assets			78
Income tax payable			(426)
Current liabilities			(8,426)
Amount due to Sohu related to the repayment of intercompany loan			(21,831)

Net assets of Qianjun Technology			725

Less: Transaction related cost	(i)		1,955

Gain on deconsolidation of Qianjun Technology		$	489

(i)

Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 45
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=65878427&loc=SL51721533-107759

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 4B
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721665-107760

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=64827811&loc=d3e1474-107760

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=64827811&loc=d3e1361-107760

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721683-107760

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 3A
-URI http://asc.fasb.org/extlink&oid=64862545&loc=SL51724579-110230

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 5C
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721675-107760

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 4A
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721663-107760

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=64862545&loc=d3e2941-110230

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 5B
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721673-107760

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 3A
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721659-107760

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 5A
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721671-107760

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 5D
-URI http://asc.fasb.org/extlink&oid=64827811&loc=SL51721677-107760

ACCOUNTS AND NOTES RECEIVABLE [Abstract]

ACCOUNTS RECEIVABLE (Tables)

12 Months Ended

Dec. 31, 2016

Schedule of accounts receivable

	As of December 31,
	2015		2016

Accounts receivable	$	7,296	$	7,541
Allowance of doubtful accounts		(3,252)		(2,839)

Accounts receivable, net	$	4,044	$	4,702

Schedule of movement of allowance for doubtful accounts

	As of December 31,
	2014		2015		2016

Balance at beginning of year	$	1,143	$	2,946	$	3,252
Charge to expenses		2,090		788		(205)
Transferring out as a result of deconsolidation of subsidiaries		(247)		-		-
Exchange difference		(40)		(482)		(208)

Balance at end of year	$	2,946	$	3,252	$	2,839

FINANCING RECEIVABLE (Tables)

12 Months Ended

Dec. 31, 2016

FINANCING RECEIVABLE [Abstract]

Schedule of financing receivable

	As of December 31,
	2015		2016
Current financing receivable
Used automobile financing	$	72,269	$	277,684
Financing for installment sales		27,702		11,205
Other financing		47,833		27,775
Net deferred origination costs		209		176
Less allowance for financing receivable		(3,556)		(15,067)
Current financing receivable, net	$	144,457	$	301,773

Long-term financing receivable
Used automobile financing	$	-	$	53
Financing for installment sales		3,112		324
Other financing		12,188		-
Less allowance for long-term financing receivable		(27)		(47)
Long-term financing receivable, net	$	15,273	$	330

Schedule of nonaccrual financing receivable

	As of December 31,
	2015		2016

Used automobile financing	$	432	$	3,352
Financing for installment sales		2,977		6,817
Other financing		174		4,945
	$	3,583	$	15,114

Schedule of aging of financing receivable

	0-90		over 90		total
	days		days		financing
	aging		aging		receivable

Used automobile financing	$	275,007		2,730	$	277,737
Financing for installment sales		4,712		6,817		11,529
Other financing		23,734		4,041		27,775
	$	303,453	$	13,588	$	317,041

	0-90		over 90		total
	days		days		financing
	aging		aging		receivable

Used automobile financing	$	72,269		-	$	72,269
Financing for installment sales		27,837		2,977		30,814
Other financing		59,847		174		60,021
	$	159,953	$	3,151	$	163,104

Schedule of movement of allowance for financing receivable

	As of December 31,
	2015		2016

Balance at beginning of year		-	$	(3,583)
Charge to cost of revenues		(3,665)		(12,436)
Write off of financing receivable		-		119
Exchange difference		82		786
Balance at end of year	$	(3,583)	$	(15,114)

PREPAID EXPENSES AND OTHER CURRENT ASSETS (Tables)

12 Months Ended

Dec. 31, 2016

PREPAID EXPENSES AND OTHER CURRENT ASSETS [Abstract]

Schedule of prepaid expenses and other current assets

		As of December 31,
	Note	2015		2016

Advances to suppliers		$	799	$	721
Prepaid expenses			4,194		2,341
Deposits			1,462		4,259
Loan to third parties			2,369		1,261
Receivable related to the disposition of equity method investment in Nuomi	(i)		18,460		-
Funds receivable	(ii)		12,220		4,495
Receivable from brokers	(iii)		4,879		5,853
Other current assets			5,938		1,819

Total		$	50,321	$	20,749

(i)

(ii)

(iii)

SHORT-TERM INVESTMENTS (Tables)

12 Months Ended

Dec. 31, 2016

SHORT-TERM INVESTMENTS [Abstract]

Schedule of reconciliation of the beginning and ending balances for trading securities

	As of						Gains		Exchange		As of
	December 31, 2015		Purchase		Sale		(losses)		loss		December 31, 2016

Equity securities	$	264	$	1,179	$	1,367	$	(73)	$	(3)		-
Corporate bonds	$	741		119		833		(9)		(18)		-
Funds	$	1,856		18,404		19,906		121		(64)	$	411
Futures	$	(3)		-		526		538		(10)	$	(1)

Total	$	2,858	$	19,702	$	22,632		577	$	(95)	$	410

Schedule of short-term available-for-sale securities investments

		Year ended December 31, 2014						Year ended December 31, 2015						Year ended December 31, 2016
				Initial						Initial						Initial
	Note	Proceeds		costs		Gains		Proceeds		costs		Gains		Proceeds		costs		Gains

Equity securities	(i)	$	352,733	$	177,633	$	175,100	$	62,704	$	59,136	$	3,568		-		-		-
Corporate bonds			62,795		62,713		82		-		-		-		-		-		-

Total		$	415,528	$	240,346	$	175,182	$	62,704	$	59,136	$	3,568		-		-		-

(i)

Equity securities

Schedule of fair value of each financial instruments at year end and of the realized gain or loss during the reporting periods

	Assets (Liability) Derivatives				Realized Gains/(Losses)
	as of December 31,				for the years ended December 31,
	2015		2016		2014		2015		2016

Derivatives not designated as hedging instruments:

Interest rate swaption-2013 batch		-		-	$	(1,302)		-		-
Interest rate swaption-2014 batch		10		-		(38,383)		(1,927)		(10)
Interest rate swap		(249)		-		(363)		(63)		(15)
Short call		-		-		10,919		-		-
Long call		-		-		(6,141)		-		-
Short put		-		-		(1,697)		-		-
H-Share Index Call Option		-		-		-		(59,554)		-
FXI UP Call Option		-		-		-		(39,100)		-

Total	$	(239)		-	$	(36,967)	$	(100,644)	$	(25)

Tabular disclosure of available-for-sale securities which includes, but is not limited to, changes in the cost basis and fair value, fair value and gross unrealized gain (loss), fair values by type of security, contractual maturity and classification, amortized cost basis, contracts to acquire securities to be accounted for as available-for-sale, debt maturities, transfers to trading, change in net unrealized holding gain (loss) net of tax, continuous unrealized loss position fair value, aggregate losses qualitative disclosures, other than temporary impairment (OTTI) losses or other disclosures related to available for sale securities.

Schedule of long-term investments

LONG-TERM INVESTMENTS (Tables)

12 Months Ended

Dec. 31, 2016

LONG-TERM INVESTMENTS [Abstract]

		As of December 31,
	Note	2015		2016

Equity method investments:
Social Finance Inc. ("SoFi")	(i)	$	235,920	$	231,952
Eall (Tianjin) Network Technology Co., Ltd. ("Eall Network")	(xvi)		-		18,137
Hayman Credes Offshore Fund, LP ("Hayman")	(ii)		29,678		-
Rise Companies Corp. ("Rise")	(iii)		15,144		14,326
Golden Axe	(iv)		1,143		16,243
Others	(v)		90,832		77,068

Total equity method investments			372,717		357,726

Cost method investments:
Hylink Advertising Co., Ltd. ("Hylink")	(vi)		2,315		2,161
StoreDot Ltd. ("StoreDot")	(vii)		10,001		10,001
GoGo Tech Holdings Limited ("GoGo")	(viii)		16,100		11,127
Motif Investing Inc. ("Motif")	(ix)		40,000		7,700
LendingHome Corporation ("LendingHome")	(x)		65,843		65,843
Credit Shop Inc. ("Credit Shop")	(xi)		15,000		35,000
Eunke Technology Ltd. ("Eunke")	(xii)		25,000		25,000
Others	(xiii)		31,456		37,605

Total cost method investments			205,715		194,437

Held-to-maturity investments:
SoFi Loan Notes.	(xiv)		5,879		-

Available-for-sale investments:
Snowball Finance Inc. ("Snowball")	(xv)		35,534		36,337
Eall Technology Limited ("Eall")	(xvi)		20,829		2,892
268V Limited	(xvii)		98,782		24,170
Omni Prime Inc. ("Omni")	(xviii)		28,866		27,053
Zhu Chao Holding Company Limited ("Zhu Chao")	(xix)		15,000		18,722
Others	(xx)		26,767		34,011

Total available-for-sale investments			225,778		143,185

Warrant:
Warrant of Snowball	(xv)		901		-

Total long-term investments		$	810,990	$	695,348

Equity method investments

(i)

(ii)

(iii)

(iv)

(v)

Others represents other equity method investments with individual carrying amounts less than $15,000 as of December 31, 2015 and 2016, respectively.

(vi)

(vii)

(viii)

(ix)

(x)

(xi)

(xv)

The Company has determined that the Series C Preferred Shares are redeemable at the option of the investors according to the redemption terms further included below:

	(1)	Each holder of the preferred shares then outstanding may require Snowball to redeem all but not less than all of the then outstanding preferred shares held by such requesting holder, at any time after the earliest of (i) five years from the issuance of the preferred shares if there is no firm commitment underwritten registered public offering of the shares or other securities of Snowball, (ii) any material adverse change in the regulatory environment, or (iii) any material breach by Snowball and/or the founders of Snowball of the preferred share purchase agreements, the shareholders’ agreement, the Amended Memorandum and Articles of Snowball, or other relevant agreements and documents.

(2)

Summary of financial information of the equity method investments

	As of December 31,
	2015		2016

Total current assets	$	2,606,921	$	7,176,015
Total assets		2,753,244		7,250,680
Total current liabilities		1,144,880		5,280,536
Total liabilities		1,220,771	$	5,340,139
Noncontrolling interests	$	-	$	443,885

	For the years ended December 31,
	2014		2015			2016

Net revenues	$	117,896	$	199,069		$	406,686
Gross profits	$	104,908	$	167,512		$	351,782
Income (loss) from continuing operations	$	36,157	$	(58,658	)	$	(25,455	)
Net income (loss)	$	36,157	$	(58,658	)	$	(25,455	)

Schedule of long-term available-for-sale investments

	As of December 31, 2016									As of December 31, 2015
			Gross		Other-than							Gross
			unrealized		-temporary			Fair				unrealized		Fair
	Cost		gains		impairment			value		Cost		gains		value

Convertible redeemable preferred shares	$	172,928	$	16,387	$	(50,830	)	$	138,485	$	183,644	$	35,634	$	219,278
Convertible debt		4,700		-		-			4,700		6,500		-		6,500

Total	$	177,628	$	16,387	$	(50,830	)	$	143,185	$	190,144	$	35,634	$	225,778

PROPERTY AND EQUIPMENT, NET (Tables)

12 Months Ended

Dec. 31, 2016

PROPERTY AND EQUIPMENT, NET [Abstract]

Schedule of Property and equipment, net

	As of December 31,
	2015		2016

Building	$	32,142	$	29,989
Computer equipment and application software		22,861		18,724
Furniture and vehicles		163		137
Leasehold improvements		1,343		775

	$	56,509	$	49,625
Less: Accumulated depreciation	$	(23,130)	$	(20,869)
Less: Accumulated impairment loss		(90)		(90)

	$	33,289	$	28,666

SHORT-TERM DEBT AND LONG-TERM DEBT (Tables)

12 Months Ended

Dec. 31, 2016

SHORT-TERM DEBT AND LONG-TERM DEBT [Abstract]

Schedule of Short-term Debt

		As of December 31,
	Note	2015		2016

East West Bank	(i), (ii), (iv)	$	106,919	$	30,000
Bank of Shanghai	(iii)		-		7,202

Total		$	106,919	$	37,202

(i)

(ii)

(iii)

(iv)

Schedule of Long-term Debt Instruments

		As of December 31,
	Note	2015		2016

An asset management company	(v)	$	69,468	$	42,786
A trust company	(vi)		52,604		52,604

Total		$	122,072	$	95,390

(v)

(vi)

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6479336&loc=d3e64711-112823

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(e),(f))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 55
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=64930739&loc=d3e28878-108400

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21538-112644

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28541-108399

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28551-108399

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21521-112644

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES [Abstract]

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES (Tables)

12 Months Ended

Dec. 31, 2016

Schedule of accrued expenses and other payables

		As of December 31,
	Note	2015		2016

Employee payroll and welfare payables		$	4,700	$	2,800
Written put option	(i)		7,000		-
Other tax payable			6,335		7,013
Accrued professional, marketing and leasing fees			4,983		3,965
Other payables			6,270		5,902
Accrued advertising sales rebate			443		101

Total		$	29,731	$	19,781

(i)

INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2016

INCOME TAXES [Abstract]

Schedule of current and deferred component of income tax expenses (benefits) which were substantially attributable to the Company's PRC subsidiaries and VIE and VIE's subsidiaries

	Years ended December 31,
	2014		2015		2016

Current income tax expense	$	1,620	$	3,124	$	2,470
Deferred income tax expense		4,897		-		-
Total income tax expense	$	6,517	$	3,124	$	2,470

Schedule of principal components of the deferred tax assets and liabilities

	As of December 31,
	2015		2016

Current deferred tax assets
Provision for doubtful accounts	$	2,526	$	5,339
Accrued payroll and welfare		1,175		700
Accrued liabilities-current		2,520		2,409
Less valuation allowance		(6,221)		(8,448)

Current deferred tax assets, net	$	-	$	-

Non-current deferred tax assets
Excessive advertising fee-non-current	$	1,415	$	1,572
Excessive employee education fee-non-current		152		150
Net operating loss carry forwards		60,571		54,567
Less valuation allowance		(62,138)		(56,289)

Non-current deferred tax assets, net	$	-	$	-

Non-current deferred tax liabilities	$	-	$	-

Schedule of reconciliation between the income taxes expense (benefit) computed by applying the PRC tax rate to income (loss) before income taxes and the actual provision for income taxes

	Years ended December 31,
	2014			2015			2016

Loss before provision of income tax	$	(12,708)		$	(214,585)		$	(173,400)
PRC statutory income tax rate		25	%		25	%		25	%
Income tax at statutory tax rate		(3,177)			(53,646)			(43,350)
Taxable deemed interest income from inter-company interest-free loans		5,407			5,632			6,925
Non-deductible loss and other expenses not deductible for tax purposes		1,869			41,114			42,571
Effect of income tax exemption of the Company in the Cayman Islands		(17,942)			(27)			(54)
Changes in valuation allowance		20,360			10,051			(3,622)
Income tax expenses	$	6,517		$	3,124		$	2,470

FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Dec. 31, 2016

FAIR VALUE MEASUREMENTS [Abstract]

Summary of the Company's financial assets and liabilities measured and recorded at fair value on recurring basis

	As of December 31, 2015								As of December 31, 2016
	Fair Value Measurement at the Reporting Date using								Fair Value Measurement at the Reporting Date using
	Quoted price in		Significant						Quoted price in		Significant
	active markets		other		Significant				active markets		other		Significant
	for identical		observable		unobservable				for identical		observable		unobservable
	assets		inputs		in puts				assets		inputs		in puts
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total

Short-term investments
Trading securities:
Equity securities		264		-		-		264		-		-		-		-
Corporate bonds		741		-		-		741		-		-		-		-
Funds		1,856		-		-		1,856		411		-		-		411
Future		(3)		-		-		(3)		(1)		-		-		(1)
Derivative financial instruments:
Interest rate swaptions		-		10		-		10		-		-		-		-
Interest rate swap		-		(249)		-		(249)		-		-		-		-
Long-term investments
Available-for-sale investments:
Convertible redeemable preferred shares		-		-		219,278		219,278		-		-		138,485		138,485
Convertible debt		-		-		6,500		6,500		-		-		4,700		4,700
Accrued expense and other current liabilities
Written put option		-		-		(7,000)		(7,000)		-		-		-		-
Liability-classified warrant		-		-		(6,656)		(6,656)		-		-		(6,551)		(6,551)
Total	$	2,858	$	(239)	$	212,122	$	214,741		410		-	$	136,634	$	137,044

Summary of additional information about the reconciliation of the fair value measurements using significant unobservable inputs level 3

	Convertible redeemable preferred shares		Convertible Debt		Written put option		Liability- classified warrant

Balance as of December 31, 2014	$	51,492	$	5,000	$	(730)	$	-
Initial recognition		131,457		1,500		-		(6,656)
Gains (losses) for the period
Earnings		695		-		(6,270)		-
Other comprehensive income		35,634		-		-		-

Balance as of December 31, 2015	$	219,278	$	6,500	$	(7,000)	$	(6,656)

Initial recognition		6,492		3,200		-		-
Derecognition		(17,937)		(5,000)		7,000		-
Gains (losses) for the period
Earnings		(50,830)		-		-		105
Other comprehensive income		(18,518)		-		-		-

Balance as of December 31, 2016	$	138,485	$	4,700	$	-	$	(6,551)

Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques

The liability-classified warrant was valued using Black-Scholes model with the following assumptions.

	Years ended December 31,
	2015			2016
Exercise price	$	15.78		$	15.78
Annual risk-free interest rate		1.4	%		1.7	%
Volatility		29	%		28	%
Dividend yield		-			-

SHARE-BASED COMPENSATION (Tables)

12 Months Ended

Dec. 31, 2016

SHARE-BASED COMPENSATION [Abstract]

Schedule of fair value of the options granted, estimated on the date of grant using the option-pricing models with assistance from Marsh, an independent valuation firm, with assumptions used

	Years ended December 31,
	2014			2016
	Using binomial model			Using binomial model
Risk-free interest rate		2.6	%		2.0	%
Volatility		54	%		50	%
Expected term (in years)		10			10
Exercise price	$	1.097		$	1.227
Dividend yield		-			-

Summary of information with respect to share options outstanding

	Options outstanding								Options exercisable
			Weighted		Weighted		Weighted				Weighted		Weighted		Weighted
			average		average		average				average		average		average
	Number		remaining		exercise		intrinsic		Number of		remaining		exercise		intrinsic
Range of exercise prices	outstanding		contractual life		price		value		exercisable		contractual life		price		value

$0.08~$0.18		1,469,135		1.78	$	0.18	$	514		1,469,100		1.78	$	0.18	$	514
$0.2~$0.3		400,000		0.77	$	0.28	$	102		399,999		0.77	$	0.28	$	102
$0.35~$0.38		1,059,802		0.77	$	0.36	$	184		1,059,792		0.77	$	0.36	$	184
$0.873~$1.3		142,517,623		7.37	$	0.97		-		77,563,638		6.53	$	0.87		-
		145,446,560					$	800		80,492,529					$	800

Summary of the activity of the stock options granted

			Weighted		Weighted
			average		average
			exercise		grant date
	Number of shares		price		fair value

Balance, January 1, 2015		117,848,006	$	0.81	$	0.68

Exercised		(3,089,784)	$	0.44	$	0.28
Forfeited		(1,875,825)	$	0.87	$	0.65

Balance, December 31, 2015		112,882,397	$	0.82	$	0.69

Granted		39,752,430	$	1.227	$	0.54
Exercised		(2,637,393)	$	0.44	$	0.33
Forfeited		(4,550,874)	$	0.09	$	1.60

Balance, December 31, 2016		145,446,560	$	0.96	$	0.63

Exercisable, December 31, 2016		80,492,529	$	0.85

Expected to vest, December 31, 2016		64,954,031	$	1.09

Summary of the nonvested restricted shares activity

	Weighted		Weighted
	number of		average fair value
	nonvested		per ordinary
	restricted		share at the
	shares		grant dates
Outstanding as of December 31, 2014		5,712,993		1.10
Granted		6,025,092		0.97
Vested		(2,084,511)		1.04
Forfeited		(3,643,836)		1.04

Outstanding as of December 31, 2015		6,009,738		1.02

Granted		14,244,837		1.00
Vested		(2,648,934)		1.02
Forfeited		(1,670,433)		1.02

Outstanding as of December 31, 2016		15,935,208		1.00

Share-based compensation attributable to selling and marketing, research and development and general and administrative expenses and loss from the operations of the discontinued operations

	Years ended December 31,
	2014		2015		2016

Gross amount:
Selling and marketing	$	193	$	243	$	770
Research and development		916		781		1,363
General and administrative		18,983		25,481		21,411
		20,092		26,505		23,544
Expense from the discontinued operations		3,512		1,736		-

Total share-based compensation expense	$	23,604	$	28,241	$	23,544

RELATED PARTY BALANCES AND TRANSACTIONS (Tables)

12 Months Ended

Dec. 31, 2016

Schedule of amount due from related parties

		As of December 31,
	Note	2015		2016

Golden Axe, equity investee of the Company	(i)	$	15,963	$	-
Tianjin Yi Chuang Xin He Information Technology Co., Ltd., (“Yi Chuang Xin He”), a subsidiary of Eall, available-for-sale investee of the Company	(ii)		-		10,082
Others			521		3,337

Total		$	16,484	$	13,419

(i)

(ii)

Schedule of amount due to related parties

		As of December 31,
		2015		2016

Eall	(i)	$	-	$	10,692
Others			36		222

Total		$	36	$	10,914

(i)

The balance represents the loan provided by Eall (see Note 17 (1)).

Schedule of transactions with related parties for amount due from related parties

	Years ended December 31,
	2014		2015		2016

Loan to Beautiful Bay Co., Ltd, substantially controlled by the majority shareholder of OPH which is controlled by the CEO of the Company	$	-	$	4,775	$	-
Loan to Yi Chuang Xin He		-		-		10,542
Others		751		182		4,083

Total	$	751	$	4,957	$	14,625

Schedule of transactions with related parties for amount due to related parties

	Years ended December 31,
	2014		2015		2016

Loan from Eall	$	-	$	-	$	10,692
Others		400		152		413

Total	$	400	$	152	$	11,105

SEGMENT INFORMATION (Tables)

12 Months Ended

Dec. 31, 2016

SEGMENT INFORMATION [Abstract]

Schedule of segment information

	Year ended December 31, 2014						Year ended December 31, 2015						Year ended December 31, 2016
	Renren		Internet Finance		Total		Renren		Internet Finance		Total		Renren		Internet Finance		Total

Net revenues	$	46,641	$	27	$	46,668	$	32,507	$	8,604	$	41,111	$	34,047	$	29,317	$	63,364
Cost of revenues		34,563		100		34,663		29,732		6,988		36,720		25,880		25,887		51,767
Operating expenses		171,246		1,672		172,918		87,331		22,366		109,697		63,713		20,897		84,610
Operating loss		(159,168)		(1,745)		(160,913)		(84,556)		(20,750)		(105,306)		(55,546)		(17,467)		(73,013)
Net income (loss) from continuing operations		31,535		(1,745)		29,790		(202,427)		(20,750)		(223,177)		(176,586)		(17,467)		(194,053)
Net income from discontinued operations		30,288		-		30,288		1,520		-		1,520		8,701		-		8,701

Net income (loss)	$	61,823	$	(1,745)	$	60,078	$	(200,907)	$	(20,750)	$	(221,657)	$	(167,885)	$	(17,467)	$	(185,352)

EARNINGS PER SHARE (Tables)

12 Months Ended

Dec. 31, 2016

EARNINGS PER SHARE [Abstract]

Schedule of computation of basic and diluted net loss per ordinary share

	Years ended December 31,
	2014		2015		2016
Net income (loss):
Income (loss) from continuing operations	$	29,790	$	(223,177)	$	(194,053)
Income on discontinued operations, net of tax		30,288		1,520		8,701

Net income (loss)		60,078		(221,657)		(185,352)
Add: net loss attributable to noncontrolling interest		382		1,529		-

Net income (loss) attributable to Renren Inc. shareholders	$	60,460	$	(220,128)	$	(185,352)

Weighted average number of ordinary shares outstanding used in computing net income (loss) per ordinary share-basic		1,059,446,436		1,019,378,556		1,022,664,396
Incremental weighted average ordinary shares from assumed exercise of stock options using the treasury stock method		8,185,273		7,857,646		4,512,567

Weighted average number of ordinary shares outstanding used in computing net income per ordinary share-diluted		1,067,631,709		1,027,236,202		1,027,176,963

Net income (loss) per ordinary share attributable to Renren Inc. shareholders - basic:
Income (loss) per ordinary share from continuing operations	$	0.03	$	(0.22)	$	(0.19)
Income per ordinary share from discontinued operations	$	0.03	$	0.00	$	0.01

Net income (loss) per ordinary share attributable to Renren Inc. shareholders - basic:	$	0.06	$	(0.22)	$	(0.18)

Net income (loss) per ordinary share attributable to Renren Inc. shareholders - diluted:
Income (loss) per ordinary share from continuing operations	$	0.03	$	(0.22)	$	(0.19)
Income per ordinary share from discontinued operations	$	0.03	$	0.00	$	0.01

Net income (loss) per ordinary share attributable to Renren Inc. shareholders - diluted:	$	0.06	$	(0.22)	$	(0.18)

COMMITMENTS (Tables)

12 Months Ended

Dec. 31, 2016

COMMITMENTS AND CONTINGENCY [Abstract]

Schedule of future minimum lease payments under non-cancellable operating leases

2017	$	5,006
2018		3,193
2019		2,920

Total	$	11,119

Schedule of future minimum payments related to long-term debts

2017	$	-
2018		59,260
2019		42,786

Total	$	102,046

OTHER COMPREHENSIVE INCOME (LOSS) (Tables)

12 Months Ended

Dec. 31, 2016

ORDINARY SHARES [Abstract]

Schedule Of Comprehensive Income (Loss)

	Foreign		Unrealized
	currency		gain (loss) on
	translation		available-for-sale
	adjustments		investments		Total

Balance as of December 31, 2013	$	14,306	$	160,475	$	174,781

Other comprehensive loss		(5,039)		(161,968)		(167,007)

Balance as of December 31, 2014	$	9,267	$	(1,493)	$	7,774

Exchange difference		(7,777)		37,127		29,350

Balance as of December 31, 2015	$	1,490	$	35,634	$	37,124

Exchange difference		(10,994)		(19,247)		(30,241)

Balance as of December 31, 2016	$	(9,504)	$	16,387	$	6,883

Additional Information - Financial Statement Schedule I Condensed Financial Information of Parent Company (Tables)

12 Months Ended

Dec. 31, 2016

Schedule I Condensed Financial Information of Parent Company

Condensed Balance Sheets

Additional Information - Financial Statement Schedule I

Condensed Financial Information of Parent Company

BALANCE SHEETS

(U.S. dollars in thousands, except share data and per share data, or otherwise noted)

	As of December 31,
	2015		2016
ASSETS

Current assets:
Cash and cash equivalents	$	5,633	$	15,694
Restricted cash		115,370		-
Prepaid expenses and other current assets		18,848		-
Amounts due from subsidiaries		1,062,047		1,127,402

Total current assets		1,201,898		1,143,096
Long-term investments		242,099		232,952
Investment in subsidiaries		(350,092)		(529,991)

TOTAL ASSETS	$	1,093,905	$	846,057

LIABILITIES AND EQUITY

Current liabilities:
Short-term debt		100,000		30,000
Accrued expenses and other current liabilities		3,135		1,446
Amounts due to related party		-		10,692

Total current liabilities		103,135		42,138
Long-term liabilities		52,604		52,604
Other non-current liabilities		7,622		12,849

TOTAL LIABILITIES	$	163,361	$	107,591

Equity:
Class A ordinary shares, $0.001 par value, 3,000,000,000 shares authorized, 714,365,091 and 719,651,418 shares issued and outstanding as of December 31, 2015 and 2016, respectively		714		720
Class B ordinary shares, $0.001 par value, 500,000,000 shares authorized, 305,388,450 and 305,388,450 shares issued and outstanding as of December 31, 2015 and 2016, respectively		305		305
Additional paid-in capital		1,243,083		1,266,592
Accumulated deficit		(350,682)		(536,034)
Accumulated other comprehensive income		37,124		6,883
Equity		930,544		738,466
TOTAL LIABILITIES AND EQUITY	$	1,093,905	$	846,057

Condensed Statements of Operations And Comprehensive (Loss) Income

Additional Information - Financial Statement Schedule I

Condensed Financial Information of Parent Company

STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME

(U.S. dollars in thousands, except share data and per share data, or otherwise noted)

	Years ended December 31,
	2014		2015		2016
Selling and marketing	$	625	$	243	$	770
Research and development		1,342		780		1,363
General and administrative		24,964		28,811		25,477

Total operating expenses		26,931		29,834		27,610

Other income (loss)		332		(528)		307
Exchange loss on offshore bank accounts		(2,314)		(376)		(3)
Interest income		7,059		646		130
Interest expenses		-		(985)		(5,728)
Realized gain on short-term investments		167,225		4,102		-
Earnings (loss) in equity method investments		4,835		(3,516)		(3,968)
Gain (loss) on disposal of equity method investments		60,116		(534)		-
Equity in loss of subsidiaries and variable interest entities		(149,862)		(189,103)		(148,480)

Net income (loss)	$	60,460	$	(220,128)	$	(185,352)

Other comprehensive (loss) income, net of tax:
Foreign currency translation		(5,039)		(7,777)		(10,994)
Net unrealized gain on available-for-sale investments, net of tax of $nil for the years ended December 31, 2014, 2015 and 2016, respectively		13,223		40,695		(18,518)
Transfer to statements of operations of realized gain on available-for-sale securities, net of tax of $nil for the years ended December 31, 2014, 2015 and 2016, respectively		(175,191)		(3,568)		(729)

Other comprehensive (loss) income	$	(167,007)	$	29,350	$	(30,241)
Comprehensive loss	$	(106,547)	$	(190,778)	$	(215,593)

Condensed Statement of Changes In Equity

Additional Information - Financial Statement Schedule I

Condensed Financial Information of Parent Company

STATEMENT OF CHANGES IN EQUITY

(U.S. dollars in thousands, except share data and per share data, or otherwise noted)

													Accumulated		Total
									Additional				other		Renren
	Class A				Class B				paid-in		Accumulated		comprehensive		Inc.'s
	ordinary shares				ordinary shares				capital		deficit		income		equity
	Shares		Amount		Shares		Amount
Balance at January 1, 2014		789,976,372	$	790		305,388,450	$	305	$	1,285,283	$	(191,014)	$	174,781	$	1,270,145
Stock-based compensation		-		-		-		-		23,604		-		-		23,604
Other comprehensive income		-		-		-		-		-		-		(167,007)		(167,007)
Net income		-		-		-		-		-		60,460		-		60,460
Exercise of share option and restricted shares vesting		10,792,736		11		-		-		2,748		-		-		2,759
Repurchase of ordinary shares		(80,728,137)		(81)		-		-		(87,242)		-		-		(87,323)

Balance at December 31, 2014		720,040,971	$	720		305,388,450	$	305	$	1,224,393	$	(130,554)	$	7,774	$	1,102,638
Stock-based compensation		-		-		-		-		28,241		-		-		28,241
Other comprehensive income		-		-		-		-		-		-		29,350		29,350
Net income		-		-		-		-		-		(220,128)		-		(220,128)
Exercise of share option and restricted shares vesting		5,236,230		5		-		-		1,362		-		-		1,367
Repurchase of ordinary shares		(10,912,110)		(11)		-		-		(10,281)		-		-		(10,292)
Purchase of noncuntrolling
Interest in Jiehun China		-		-		-		-		119		-		-		119
Decrease in equity interest of Wanmen		-		-		-		-		(751)		-		-		(751)

Balance at December 31, 2015		714,365,091	$	714		305,388,450	$	305	$	1,243,083	$	(350,682)	$	37,124	$	930,544
Stock-based compensation		-		-		-		-		23,544		-		-		23,544
Other comprehensive income		-		-		-		-		-		-		(30,241)		(30,241)
Net income		-		-		-		-		-		(185,352)		-		(185,352)
Exercise of share option and restricted shares vesting		5,286,327		6		-		-		1,144		-		-		1,150
Deconsolidation of Wanmen		-		-		-		-		(1,179)		-		-		(1,179)

Balance at December 31, 2016		719,651,418	$	720		305,388,450	$	305	$	1,266,592	$	(536,034)	$	6,883	$	738,466

Condensed Statements of Cash Flows

Additional Information - Financial Statement Schedule I

Condensed Financial Information of Parent Company

STATEMENTS OF CASH FLOWS

(U.S. dollars in thousands, except share data and per share data, or otherwise noted)

	Years ended December 31,
	2014		2015		2016
Cash flows from operating activities:
Net income (loss)	$	60,460	$	(220,128)	$	(185,352)
Equity in income of subsidiaries and variable interest entities		149,862		189,103		148,480
Share-based compensation expense		22,827		24,575		23,544
(Gain) loss on disposal of equity method investment		(60,116)		534		-
Exchange loss on offshore accounts		2,314		376		3
Gain on short-term investments and fair value change of derivatives		(167,225)		(4,102)		-
(Earnings) loss in equity method investment		(4,835)		3,516		3,968
Fair value change of liability-classified warrant		-		-		(105)
Changes in operating assets and liabilities:
Prepaid expenses and other current assets		1,770		2,796		107
Accrued expenses and other current liabilities		(444)		(5,040)		(1,689)
Other non-current liabilities		-		966		5,332
Increase in amounts due from subsidiaries		(512,295)		(128,551)		(65,055)
Capital distribution received from Japan Macro		25,321		-		-

Net cash used in operating activities		(482,361)		(135,955)		(70,767)

Cash flows from investing activities:
Restricted cash		-		(15,370)		15,370
Decrease in term deposits		250,495		139,514		-
Proceeds from sale of available-for-sale securities		415,528		33,416		-
Proceeds from sale of derivative financial instruments		80,861		-		-
Proceeds from principal return on SoFi Loan Note		1,370		984		5,879
Proceeds from sale of equity method investment		46,484		-		18,460
Proceeds from capital withdrawal from equity method investee		74,721		9,854		-
Dividend received from available-for-sale securities		1,050		137		-
Purchase of available-for-sale securities		(129,407)		-		-
Purchase of derivative financial instruments		(90,112)		-		-
Purchase of equity method investment		(20,789)		(172,331)		(1,000)
Purchase of cost method investment		-		(300)		-

Net cash provided by (used in) investing activities		630,201		(4,096)		38,709

Cash flows from financing activities:
Repurchase of ordinary shares		(76,462)		(10,292)		-
Proceeds from exercise of share options		2,514		1,231		1,430
Proceeds from borrowings		-		159,260		30,000
Restricted cash for debt borrowings		-		(100,000)		100,000
Repayment of borrowings.		-		-		(100,000)
Proceeds from loan from a related party		-		-		10,692
Repayment of promissory note issued to Nuomi Inc.		(60,884)		-		-

Net cash (used in) provided by financing activities		(134,832)		50,199		42,122

Net increase (decrease) in cash and cash equivalents		13,008		(89,852)		10,064
Cash and cash equivalents at beginning of year		82,586		95,485		5,633
Effect of exchange rate changes		(109)		-		(3)
Cash and cash equivalents at end of year	$	95,485	$	5,633	$	15,694

ORGANIZATION AND PRINCIPAL ACTIVITIES (Schedule Of Information Related To Entity's Subsidiary, VIEs And VIE's Subsidiaries) (Details)	12 Months Ended
	Dec. 31, 2016
CIAC [Member]
Investment Holdings [Line Items]
Later of date of incorporation or acquisition	Aug. 05, 2005
Place of incorporation	Cayman Islands
Percentage of legal ownership by Renren Inc	100.00%
Principal activities	Investment holding
Renren Wealth Inc. [Member]
Investment Holdings [Line Items]
Later of date of incorporation or acquisition	Mar. 07, 2011
Place of incorporation	Cayman Islands
Percentage of legal ownership by Renren Inc	100.00%
Principal activities	Investment holding
Link224 Inc [Member]
Investment Holdings [Line Items]
Later of date of incorporation or acquisition	May 31, 2011
Place of incorporation	Cayman Islands
Percentage of legal ownership by Renren Inc	100.00%
Principal activities	Investment holding
Renren Lianhe Holdings [Member]
Investment Holdings [Line Items]
Later of date of incorporation or acquisition	Sep. 02, 2011
Place of incorporation	Cayman Islands
Percentage of legal ownership by Renren Inc	100.00%
Principal activities	Investment holding
Wole Inc [Member]
Investment Holdings [Line Items]
Later of date of incorporation or acquisition	Oct. 27, 2011
Place of incorporation	Cayman Islands
Percentage of legal ownership by Renren Inc	100.00%
Principal activities	Investment holding
JiehunChina Inc [Member]
Investment Holdings [Line Items]
Later of date of incorporation or acquisition	Jun. 14, 2011
Place of incorporation	Cayman Islands
Percentage of legal ownership by Renren Inc	100.00%
Principal activities	Investment holding
Renren Giant Way [Member]
Investment Holdings [Line Items]
Later of date of incorporation or acquisition	May 17, 2012
Place of incorporation	Hong Kong
Percentage of legal ownership by Renren Inc	100.00%
Principal activities	Investment holding
Renren Finance, Inc. [Member]
Investment Holdings [Line Items]
Later of date of incorporation or acquisition	Dec. 15, 2014
Place of incorporation	Cayman Islands
Principal activities	Internet business
Renren Gongying Inc. [Member]
Investment Holdings [Line Items]
Later of date of incorporation or acquisition	Oct. 02, 2015
Place of incorporation	Cayman Islands
Percentage of legal ownership by Renren Inc	100.00%
Principal activities	Investment holding
Renren Study Inc. [Member]
Investment Holdings [Line Items]
Later of date of incorporation or acquisition	Apr. 05, 2012
Place of incorporation	Cayman Islands
Percentage of legal ownership by Renren Inc	100.00%
Principal activities	Investment holding
Happy Link Corporation Limited [Member]
Investment Holdings [Line Items]
Later of date of incorporation or acquisition	May 07, 2011
Place of incorporation	Hong Kong
Percentage of legal ownership by Renren Inc	100.00%
Principal activities	Investment holding
Game HK [Member]
Investment Holdings [Line Items]
Later of date of incorporation or acquisition	Mar. 08, 2012
Place of incorporation	Hong Kong
Percentage of legal ownership by Renren Inc	100.00%
Principal activities	Investment holding
Renren Game USA Inc [Member]
Investment Holdings [Line Items]
Later of date of incorporation or acquisition	Mar. 08, 2012
Place of incorporation	USA
Percentage of legal ownership by Renren Inc	100.00%
Principal activities	Investment holding
Qianxiang Shiji [Member]
Investment Holdings [Line Items]
Later of date of incorporation or acquisition	Mar. 21, 2005
Place of incorporation	PRC
Percentage of legal ownership by Renren Inc	100.00%
Principal activities	Investment holding
Beijing Woxiu [Member]
Investment Holdings [Line Items]
Later of date of incorporation or acquisition	Oct. 27, 2011
Place of incorporation	PRC
Percentage of legal ownership by Renren Inc	100.00%
Principal activities	Investment holding
Jiexun Shiji [Member]
Investment Holdings [Line Items]
Later of date of incorporation or acquisition	Apr. 26, 2012
Place of incorporation	PRC
Percentage of legal ownership by Renren Inc	100.00%
Principal activities	Investment holding
Huijin [Member]
Investment Holdings [Line Items]
Later of date of incorporation or acquisition	Oct. 10, 2012
Place of incorporation	PRC
Percentage of legal ownership by Renren Inc	100.00%
Principal activities	Investment holding
Joy Interactive (Beijing) Technology Development Co., Ltd. [Member]
Investment Holdings [Line Items]
Later of date of incorporation or acquisition	Apr. 24, 2013
Place of incorporation	PRC
Percentage of legal ownership by Renren Inc	100.00%
Principal activities	Investment holding
Shanghai Renren Financial Rental Co., Ltd. [Member]
Investment Holdings [Line Items]
Later of date of incorporation or acquisition	May 25, 2015
Place of incorporation	PRC
Principal activities	Internet business
Qianxiang Tiancheng [Member]
Investment Holdings [Line Items]
Later of date of incorporation or acquisition	Oct. 28, 2002
Place of incorporation	PRC
Principal activities	IVAS business
Jingwei Zhihui [Member]
Investment Holdings [Line Items]
Later of date of incorporation or acquisition	Mar. 19, 2014
Place of incorporation	PRC
Principal activities	Internet business
Guangzhou Xiuxuan Brokers Co.,Ltd [Member]
Investment Holdings [Line Items]
Later of date of incorporation or acquisition	Sep. 22, 2014
Place of incorporation	PRC
Principal activities	IVAS business
Shanghai Wangjing Investment Management Co., Ltd. [Member]
Investment Holdings [Line Items]
Later of date of incorporation or acquisition	Apr. 20, 2015
Place of incorporation	PRC
Principal activities	Internet business
Qianxiang Wangjing [Member]
Investment Holdings [Line Items]
Later of date of incorporation or acquisition	Nov. 11, 2008
Place of incorporation	PRC
Principal activities	Internet business
Shanghai Changda [Member]
Investment Holdings [Line Items]
Later of date of incorporation or acquisition	Oct. 25, 2010
Place of incorporation	PRC
Principal activities	Internet business
Wole Shijie [Member]
Investment Holdings [Line Items]
Later of date of incorporation or acquisition	Oct. 27, 2011
Place of incorporation	PRC
Principal activities	Technology development and service
Beijing Qilin Wings Technology Development Co., Ltd [Member]
Investment Holdings [Line Items]
Later of date of incorporation or acquisition	Jan. 16, 2013
Place of incorporation	PRC
Principal activities	Internet business
Beijing Zhenzhong Interactive Information Technology Co., Ltd [Member]
Investment Holdings [Line Items]
Later of date of incorporation or acquisition	Dec. 23, 2014
Place of incorporation	PRC
Principal activities	Internet business
Shanghai Wangjing Factoring Co., Ltd. [Member]
Investment Holdings [Line Items]
Later of date of incorporation or acquisition	Jul. 28, 2015
Place of incorporation	PRC
Principal activities	Factoring business
Renren CRSP Holdings Inc [Member]
Investment Holdings [Line Items]
Later of date of incorporation or acquisition	Oct. 14, 2016
Place of incorporation	Cayman Islands
Percentage of legal ownership by Renren Inc	100.00%
Principal activities	Investment holding
Renren CHYP Holdings Inc [Member]
Investment Holdings [Line Items]
Later of date of incorporation or acquisition	Oct. 14, 2016
Place of incorporation	Cayman Islands
Percentage of legal ownership by Renren Inc	100.00%
Principal activities	Investment holding
Renren PLML Holdings Inc [Member]
Investment Holdings [Line Items]
Later of date of incorporation or acquisition	Oct. 14, 2016
Place of incorporation	Cayman Islands
Percentage of legal ownership by Renren Inc	100.00%
Principal activities	Investment holding
Renren KURY Holdings Inc [Member]
Investment Holdings [Line Items]
Later of date of incorporation or acquisition	Oct. 14, 2016
Place of incorporation	Cayman Islands
Percentage of legal ownership by Renren Inc	100.00%
Principal activities	Investment holding
Renren ONER Holdings Inc [Member]
Investment Holdings [Line Items]
Later of date of incorporation or acquisition	Oct. 14, 2016
Place of incorporation	Cayman Islands
Percentage of legal ownership by Renren Inc	100.00%
Principal activities	Investment holding
Renren BLCR Holdings Inc [Member]
Investment Holdings [Line Items]
Later of date of incorporation or acquisition	Oct. 14, 2016
Place of incorporation	Cayman Islands
Percentage of legal ownership by Renren Inc	100.00%
Principal activities	Investment holding
Renren ZHCH Holdings Inc [Member]
Investment Holdings [Line Items]
Later of date of incorporation or acquisition	Oct. 14, 2016
Place of incorporation	Cayman Islands
Percentage of legal ownership by Renren Inc	100.00%
Principal activities	Investment holding
Renren LSTAR Holdings Inc [Member]
Investment Holdings [Line Items]
Later of date of incorporation or acquisition	Oct. 17, 2016
Place of incorporation	Cayman Islands
Percentage of legal ownership by Renren Inc	100.00%
Principal activities	Investment holding
Renren CHRYPH Holdings Inc [Member]
Investment Holdings [Line Items]
Later of date of incorporation or acquisition	Oct. 31, 2016
Place of incorporation	Cayman Islands
Percentage of legal ownership by Renren Inc	100.00%
Principal activities	Investment holding
Renren Lianhe Hong Kong Co. Limited [Member]
Investment Holdings [Line Items]
Later of date of incorporation or acquisition	May 16, 2016
Place of incorporation	Hong Kong
Percentage of legal ownership by Renren Inc	100.00%
Principal activities	Investment holding
Renren Winday Company Limited [Member]
Investment Holdings [Line Items]
Later of date of incorporation or acquisition	Jul. 26, 2016
Place of incorporation	Hong Kong
Percentage of legal ownership by Renren Inc	100.00%
Principal activities	Investment holding
Renren Giantly Limited [Member]
Investment Holdings [Line Items]
Later of date of incorporation or acquisition	Aug. 16, 2016
Place of incorporation	Hong Kong
Percentage of legal ownership by Renren Inc	100.00%
Principal activities	Investment holding
Renren Gentle Height Company Limited [Member]
Investment Holdings [Line Items]
Later of date of incorporation or acquisition	Dec. 07, 2016
Place of incorporation	Hong Kong
Percentage of legal ownership by Renren Inc	100.00%
Principal activities	Investment holding
Chime Technologies, Inc [Member]
Investment Holdings [Line Items]
Later of date of incorporation or acquisition	Sep. 07, 2012
Place of incorporation	USA
Percentage of legal ownership by Renren Inc	100.00%
Principal activities	Internet business
Qianxiang Lianhe Technology Development Beijing Co., Ltd [Member]
Investment Holdings [Line Items]
Later of date of incorporation or acquisition	Nov. 12, 2016
Place of incorporation	PRC
Percentage of legal ownership by Renren Inc	100.00%
Principal activities	Internet business
Beijing Qianxiang Yixin Technology Development Co., Ltd [Member]
Investment Holdings [Line Items]
Later of date of incorporation or acquisition	Sep. 01, 2016
Place of incorporation	PRC
Principal activities	Investment holding
Fenqi Winday Company Limited [Member]
Investment Holdings [Line Items]
Later of date of incorporation or acquisition	Feb. 29, 2016
Place of incorporation	Hong Kong
Principal activities	Internet business
Shanghai Mumian Interactive Internet Information Service Co., Ltd [Member]
Investment Holdings [Line Items]
Later of date of incorporation or acquisition	Jun. 16, 2016
Place of incorporation	PRC
Principal activities	IVAS business
Guangzhou Qunge Information Technology Co., Ltd [Member]
Investment Holdings [Line Items]
Later of date of incorporation or acquisition	Aug. 26, 2016
Place of incorporation	PRC
Principal activities	IVAS business
Beijing Renren Zhihui Technology Co., Ltd [Member]
Investment Holdings [Line Items]
Later of date of incorporation or acquisition	Oct. 31, 2016
Place of incorporation	PRC
Principal activities	Internet business
Souxun Finance Advisory Beijing Co., Ltd [Member]
Investment Holdings [Line Items]
Later of date of incorporation or acquisition	Sep. 09, 2011
Place of incorporation	PRC
Principal activities	IVAS business
Tianjin Zhenzhong Interactive Information Technology Co., Ltd [Member]
Investment Holdings [Line Items]
Later of date of incorporation or acquisition	Apr. 08, 2016
Place of incorporation	PRC
Principal activities	Investment holding
Beijing Qianxiang Wanxin Technology Development Co., Ltd [Member]
Investment Holdings [Line Items]
Later of date of incorporation or acquisition	Nov. 18, 2016
Place of incorporation	PRC
Principal activities	Investment holding
Beijing RenrenJinfu Investment Management Co., Ltd ("Renren Jinfu") [Member]
Investment Holdings [Line Items]
Later of date of incorporation or acquisition	May 20, 2015
Place of incorporation	PRC
Principal activities	Internet business

ORGANIZATION AND PRINCIPAL ACTIVITIES ( (Narrative) (Details) $ in Thousands, ¥ in Millions	1 Months Ended		12 Months Ended
	Sep. 30, 2016 USD ($)	Jan. 31, 2016 USD ($)	Dec. 31, 2016 USD ($)	Dec. 31, 2015 USD ($)	Dec. 31, 2014 USD ($)	Mar. 31, 2017 USD ($)	Sep. 30, 2016 CNY (¥)	Jan. 31, 2016 CNY (¥)
VIE arrangements [Line Items]
Accounts Payable, Current			$ 5,561	$ 5,031
Asset-Backed Securities, at Carrying Value	$ 76,900	$ 45,200					¥ 510.6	¥ 299.8
Proceeds from Sale of Equity Method Investments			$ 18,460	$ 94	$ 46,484
Social Finance Inc [Member]
VIE arrangements [Line Items]
Proceeds from Sale of Equity Method Investments	$ 91,900
Subsequent Event [Member]
VIE arrangements [Line Items]
Net Asset Value Of Subsidiary						$ 500,000
AAA-rated senior securities [Member]
VIE arrangements [Line Items]
Percentage of Tranches	70.50%	68.00%
AA-rated senior securities [Member]
VIE arrangements [Line Items]
Percentage of Tranches	11.00%	10.50%
Subordinate Security Held By Originator [Member]
VIE arrangements [Line Items]
Percentage of Tranches	18.50%	21.50%
Variable Interest Entity [Member]
VIE arrangements [Line Items]
Percentage of VIEs revenues to the consolidated net revenues			97.80%	94.90%	98.60%
Percentage of VIEs assets to the consolidated total assets			30.30%	12.70%
Percentage of VIEs liability to the consolidated total liabilities			50.20%	26.30%
Accounts Payable, Current			$ 5,423	$ 4,914
Variable Interest Entity [Member] \| Intercompany Eliminations [Member]
VIE arrangements [Line Items]
Accounts Payable, Current				$ 172
Variable Interest Entity [Member] \| Business Operations Agreement [Member]
VIE arrangements [Line Items]
Advance written notice period for not extending term of agreement			30 days
Variable Interest Entity [Member] \| Exclusive Equity Option Agreement [Member]
VIE arrangements [Line Items]
Advance written notice period for not extending term of agreement			30 days

ORGANIZATION AND PRINCIPAL ACTIVITIES (Schedule Of Consolidated Financial Information) (Details) - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

Consolidated financial information [Line Items]

$ 79,370

$ 56,226

Financing receivable, net

30,390

122,316

Short-term investments

410

2,619

Accounts receivable, net

4,702

4,044

^[1]

301,773

144,457

20,749

50,321

Long-term loan receivable, net

13,419

16,484

Total current assets

450,813

403,938

330

15,273

28,666

33,289

Long-term investments

695,348

810,990

Non-current assets held for sale

1,687

2,313

2,030

1,176,844

1,267,833

5,561

5,031

37,202

106,919

19,781

29,731

182,951

48,893

10,914

5,954

3,885

7,860

6,118

Total current liabilities

8,138

270,223

208,751

Long-term payable to investors

59,916

Loss from continuing operations

438,378

338,445

Net revenue

63,364

41,111

$ 46,668

Net loss

(185,352)

(220,128)

60,460

(194,053)

(223,177)

29,790

(Loss) income from discontinued operations

8,701

1,520

30,288

Net cash provided by operating activities

(11,005)

(50,042)

56,439

Net cash used in investing activities

(193,283)

(248,984)

109,215

Net cash provided by financing activities

226,075

180,430

(134,832)

VIEs and their subsidiaries [Member]

Consolidated financial information [Line Items]

55,908

15,359

Financing receivable, net

288

Short-term investments

410

2,748

Accounts receivable, net

4,702

4,044

228,224

72,619

17,988

22,932

Current assets held for sale

10,219

425

3,917

Total current assets

317,739

122,044

Long-term loan receivable, net

330

15,273

1,058

2,327

Long-term investments

36,470

18,852

Non-current assets held for sale

876

1,195

1,888

Total non-current assets

38,734

39,535

356,473

161,579

5,423

4,914

7,202

6,919

11,277

13,762

182,810

46,219

222

5,804

3,670

7,163

5,652

Total current liabilities

7,729

219,901

88,901

Loss from continuing operations

219,901

88,901

Net revenue

61,948

39,017

46,012

(31,997)

(68,991)

(66,467)

(Loss) income from discontinued operations

829

4,302

(26,025)

Net cash provided by operating activities

68,374

34,652

24,502

Net cash used in investing activities

(187,621)

(102,061)

(20,696)

Net cash provided by financing activities

148,080

55,928

Consolidated Assets Backed Financing Entities [Member]

Consolidated financial information [Line Items]

Financing receivable, net

73,549

73,549

Long-term payable to investors

141

59,916

Net cash provided by operating activities

60,061

Net revenue

Net loss

375

Net cash used in investing activities

Net cash provided by financing activities

[1]	The Company consolidated Shanghai Renren Finance Leasing Asset-Backed Special Plans (the "Plans"), see Note 1.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Term Deposits, Held-To-Maturity Investment, Accounts And Notes Receivable And Allowance For Doubtful Accounts) (Narrative) (Details)	12 Months Ended
	Dec. 31, 2016
Held-to-Maturity investment
Fixed annual interest rate (as a percent)	4.00%
Accounts and notes receivable and allowance for doubtful accounts
Maximum maturity term of notes receivables that are bank accepted drafts related to trade receivables of advertising revenue	6 months

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Schedule Of Estimated Useful Lives Of Property And Equipment) (Details)	12 Months Ended
	Dec. 31, 2016
Building [Member]
Property and equipment, net [Line Items]
Estimated useful lives	46 years
Furniture and vehicles [Member]
Property and equipment, net [Line Items]
Estimated useful lives	5 years
Computer equipment and application software [Member] \| Minimum [Member]
Property and equipment, net [Line Items]
Estimated useful lives	2 years
Computer equipment and application software [Member] \| Maximum [Member]
Property and equipment, net [Line Items]
Estimated useful lives	3 years

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Intangible Assets With Indefinite Lives, Impairment Of Long-Lived Assets And Intangible Assets With Definite Lives, Business Taxes, Value Added Taxes, Income Taxes) (Narrative) (Details) $ in Thousands	5 Months Ended	12 Months Ended
	Dec. 31, 2012 Item	Dec. 31, 2016 USD ($)	Dec. 31, 2015 USD ($)	Dec. 31, 2014 USD ($)
Intangible assets with indefinite lives
Impairment loss for indefinite-lived intangible assets from discontinued operations				$ 13,658
Impairment of long-lived assets and intangible assets with definite lives
Impairment loss for intangible assets with definite life from discontinued operations				1,496
Impairment loss for intangible assets with definite life from continuing operations				307
Goodwill
Impairment of goodwill				46,864
Business taxes
Business taxes deducted in arriving net revenue		77	25
Value added taxes
Number of provinces and municipalities to which pilot value-added tax reform program was expanded \| Item	10
Amount of VAT reported as a deduction to revenue		4,080	1,217	2,356
Income taxes
Income tax due to uncertain tax position and interest and penalties related to potential underpaid income tax expenses		$ 0	$ 0	$ 0

SIGNIFICANT RISKS AND UNCERTAINTIES (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Foreign currency risk
Cash and cash equivalents denominated in RMB	$ 29,027	$ 28,962
Sales Revenue, Net [Member]
Foreign currency risk
Concentration Risk, Percentage	10.00%	10.00%	10.00%
Accounts Receivable [Member]
Foreign currency risk
Concentration Risk, Percentage	10.00%	10.00%
Accounts Receivable [Member] \| Customer Concentration Risk [Member]
Foreign currency risk
Concentration Risk, Percentage	13.00%

DISCONTINUED OPERATIONS (Narrative) (Details) - USD ($) $ in Thousands		1 Months Ended		3 Months Ended	12 Months Ended
	Oct. 28, 2014	Mar. 31, 2016	Feb. 28, 2014	Mar. 31, 2016	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Oct. 26, 2013
DECONSOLIDATION OF SUBSIDIARIES [Line Items]
Gain (loss) on disposal of equity method investments							$ 56,993
Nuomi Inc [Member]
DECONSOLIDATION OF SUBSIDIARIES [Line Items]
Ownership percentage								31.61%
Equity interest sold (as a percent)			31.61%
Cash consideration received		$ 18,460					49,606
Gain (loss) on disposal of equity method investments			$ 56,993				56,993
Equity method investment sold			$ 68,066
Qianjun Technology [Member]
DECONSOLIDATION OF SUBSIDIARIES [Line Items]
Cash consideration received	$ 25,000						25,000
Majority equity interest sold (as a percent)	100.00%
Gain (loss) on disposal of equity method investments
Proceeds from Collection of Advance to Affiliate							$ 21,831
Online Gaming [Member]
DECONSOLIDATION OF SUBSIDIARIES [Line Items]
Disposal of business gross amount				$ 17,500
Proceeds from Collection of Advance to Affiliate				$ 7,500

DISCONTINUED OPERATIONS (Schedule Of Calculation Of Gain (Loss) On Consolidation) (Details)
$ in Thousands, ¥ in Millions

3 Months Ended

12 Months Ended

Oct. 28, 2014

USD ($)

Mar. 31, 2016

USD ($)

Dec. 31, 2016

USD ($)

Dec. 31, 2015

USD ($)

Dec. 31, 2014

USD ($)

May 31, 2016

CNY (¥)

Calculation of gain on deconsolidation

Current liabilities

$ (8,138)

Amounts due to Renren Inc.

(14,625)

(4,957)

$ (751)

¥ (70)

Gain on deconsolidation of Online Gaming

$ 8,310

$ 489

Qianjun Technology [Member]

Calculation of gain on deconsolidation

Deconsolidation of subsidiary, date

Dec. 01, 2014

Cash consideration received

$ 25,000

Less: The repayment of intercompany loan provided by the Company

21,831

Net consideration

3,169

Other current assets

3,654

2,347

Intangible assets, net

11,509

Goodwill

13,652

Net assets of Qianjun Technology

(426)

725

Less: Transaction related cost

^[1]

1,955

Current liabilities

(8,426)

Amounts due to Renren Inc.

(21,831)

Less: Cash and cash equivalents

168

Gain on deconsolidation of Online Gaming

$ 489

Online Gaming [Member]

Calculation of gain on deconsolidation

Less: The repayment of intercompany loan provided by the Company

$ 7,500

Net consideration

10,000

The proceeds

17,500

Less: Cash and cash equivalents

15,982

2,737

194

Intangible assets, net

263

1,508

(1,209)

Amounts due to Renren Inc.

(7,062)

(7,500)

Deferred revenue

(3,677)

Net assets of Online Gaming

1,236

Less: Tax expenses

454

Gain on deconsolidation of Online Gaming

$ 8,310

[1]	The transaction related cost represents the incremental cost resulting from the acceleration of the vesting of the nonvested restricted shares, which were granted to the employee of Qianjun Technology, to be fully vested on the disposition day (see Note 16).

DISCONTINUED OPERATIONS (Schedule of Condensed cash flow of Online Gaming) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Net cash provided by (used in) operating activities	$ 11,171	$ (10,164)	$ 13,404
Net cash (used in) provided by investing activities	$ 25	$ (1,304)	$ (1,668)

DISCONTINUED OPERATIONS (Details) - USD ($) $ in Thousands	1 Months Ended	12 Months Ended
DISCONTINUED OPERATIONS (Details) - USD ($) $ in Thousands	Feb. 28, 2014	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Operating results from disposal groups
Net revenues		$ 63,364	$ 41,111	$ 46,668
Cost of revenues		(51,767)	(36,720)	(34,663)
Other income and expenses that are not major		12,892	(6,884)	(1,352)
Income tax benefit (expenses)		(102)	(944)	321
(Loss) income from the operations of the discontinued operations, net of tax		391	1,520	(27,194)
Gain on deconsolidation of the subsidiaries, net of tax		8,310		489
Gain on disposal of equity method investment, net of tax				56,993
Income from discontinued operations, net of tax expenses of $5,706, $944 and $556 for the years ended December 31, 2014, 2015 and 2016, respectively		8,701	1,520	30,288
Nuomi [Member]
Operating results from disposal groups
Net revenues
Cost of revenues
Selling, research and development, and general and administrative expenses
Impairment of intangible assets
Other income and expenses that are not major
(Loss) income from the operations of the discontinued operations, before income tax
Income tax benefit (expenses)
(Loss) income from the operations of the discontinued operations, net of tax
Gain on disposal of equity method investment, net of tax	$ 56,993			56,993
Income from discontinued operations, net of tax expenses of $5,706, $944 and $556 for the years ended December 31, 2014, 2015 and 2016, respectively				56,993
Qianjun Technology [Member]
Operating results from disposal groups
Net revenues				6,822
Cost of revenues				(15,361)
Selling, research and development, and general and administrative expenses				(11,018)
Impairment of intangible assets				(13,536)
Other income and expenses that are not major				1,963
(Loss) income from the operations of the discontinued operations, before income tax				(31,130)
Income tax benefit (expenses)				321
(Loss) income from the operations of the discontinued operations, net of tax				(30,809)
Gain on deconsolidation of the subsidiaries, net of tax				489
Gain on disposal of equity method investment, net of tax
Income from discontinued operations, net of tax expenses of $5,706, $944 and $556 for the years ended December 31, 2014, 2015 and 2016, respectively				(30,320)
Renren Games [Member]
Operating results from disposal groups
Net revenues		1,699	17,071	36,286
Cost of revenues		(871)	(9,426)	(13,309)
Selling, research and development, and general and administrative expenses		(485)	(6,362)	(16,534)
Impairment of intangible assets				(714)
Other income and expenses that are not major		150	1,181	(2,114)
(Loss) income from the operations of the discontinued operations, before income tax		493	2,464	3,615
Income tax benefit (expenses)		(102)	(944)
(Loss) income from the operations of the discontinued operations, net of tax		391	1,520	3,615
Gain on deconsolidation of the subsidiaries, net of tax		8,310
Gain on disposal of equity method investment, net of tax
Income from discontinued operations, net of tax expenses of $5,706, $944 and $556 for the years ended December 31, 2014, 2015 and 2016, respectively		$ 8,701	$ 1,520	$ 3,615

ACCOUNTS RECEIVABLE (Schedule Of Accounts Receivable) (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Accounts receivable	$ 7,541	$ 7,296
Allowance of doubtful accounts	(2,839)	(3,252)
Accounts receivable, net	$ 4,702	$ 4,044

ACCOUNTS RECEIVABLE (Schedule Of Movement Of Allowance For Doubtful Accounts) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Movement of allowance for doubtful accounts
Balance at beginning of year	$ 3,252	$ 2,946	$ 1,143
Charge to expenses	(205)	788	2,090
Transferring out as a result of deconsolidation of subsidiaries			(247)
Exchange difference	(208)	(482)	(40)
Balance at end of year	$ 2,839	$ 3,252	$ 2,946

FINANCING RECEIVABLE (Schedule of Loans Receivable) (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Current financing receivable
Used automobile financing	$ 277,684	$ 72,269
Financing for installment sales	11,205	27,702
Other financing	27,775	47,833
Net deferred origination costs	176	209
Less allowance for financing receivable	(15,067)	(3,556)
Current financing receivable, net	301,773	144,457
Long-term financing receivable
Used automobile financing	53
Financing for installment sales	324	3,112
Other financing		12,188
Less allowance for long-term financing receivable	(47)	(27)
Long-term financing receivable, net	$ 330	$ 15,273

FINANCING RECEIVABLE (Schedule of Nonaccrual Loans) (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Used automobile financing	$ 3,352	$ 432
Financing for installment sales	6,817	2,977
Other financing	4,945	174
Financing receivable, net	$ 15,114	$ 3,583

FINANCING RECEIVABLE (Schedule of Aging of loans) (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Financing Receivable, Recorded Investment, Past Due [Line Items]
Used automobile financing	$ 277,737	$ 72,269
Financing for installment sales	11,529	30,814
Other financing	27,775	60,021
Financing receivable	317,041	163,104
0-90 days aging [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Used automobile financing	275,007	72,269
Financing for installment sales	4,712	27,837
Other financing	23,734	59,847
Financing receivable	303,453	159,953
Over 0-90 days aging [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Used automobile financing	2,730
Financing for installment sales	6,817	2,977
Other financing	4,041	174
Financing receivable	$ 13,588	$ 3,151

FINANCING RECEIVABLE (Schedule of Movement of Allowance for Financing Receivable) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Balance at beginning of year	$ (3,583)
Charge to cost of revenues	(12,436)	(3,665)
Write off of financing receivable	119
Exchange difference	786	82
Balance at end of year	$ (15,114)	$ (3,583)

PREPAID EXPENSES AND OTHER CURRENT ASSETS (Schedule Of Prepaid Expenses And Other Current Assets) (Details) - USD ($)
$ in Thousands

Dec. 31, 2016

Dec. 31, 2015

Advances to suppliers

$ 721

$ 799

Prepaid expenses

2,341

4,194

Deposits

4,259

1,462

Loan to third parties

1,261

2,369

^[1]

18,460

Funds receivable

^[2]

4,495

12,220

Receivable from brokers

^[3]

5,853

4,879

Other current assets

1,819

5,938

Additional information on the realized gains and losses from available-for-sale investments

$ 20,749

$ 50,321

[1]	As described in Note 4.1, in February 2014, the Company sold the remaining 31.61% equity interest in Nuomi to Baidu in the amount of $68,066, of which $49,606 was received in fiscal year 2014 and the remaining $18,460 was collected in March 2016.
[2]	Funds receivable mainly represents balances paid by individuals for repayments of financing on Renren Fenqi as well as amounts paid by investors for investments made on Renren Licai that are held at a third party electronic payment service provider as of December 31, 2015 and 2016. The balances were collected subsequent to year-end.
[3]	Receivable from brokers represents cash provided to brokers who hold the cash on behalf of the Company. The cash has not been used to purchase any securities and accordingly is recorded as a receivable.

PREPAID EXPENSES AND OTHER CURRENT ASSETS (Narrative) (Details) - Nuomi [Member] - USD ($) $ in Thousands	1 Months Ended		12 Months Ended
	Mar. 31, 2016	Feb. 28, 2014	Dec. 31, 2014
Prepaid expense and other assets [Line Items]
Equity interest sold (as a percent)		31.61%
Equity method investment sold		$ 68,066
Cash consideration received	$ 18,460		$ 49,606

SHORT-TERM INVESTMENTS (Schedule of Reconciliation of Trading Securities) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Trading securities [Line items]
Balance at beginning of period	$ 2,858
Purchase	19,702	$ 67,986
Sale	22,632	63,822
Gains (losses)	577
Exchange loss	(95)
Balance at end of period	410	2,858
Equity securities [Member]
Trading securities [Line items]
Balance at beginning of period	264
Purchase	1,179
Sale	1,367
Gains (losses)	(73)
Exchange loss	(3)
Balance at end of period		264
Corporate bonds [Member]
Trading securities [Line items]
Balance at beginning of period	741
Purchase	119
Sale	833
Gains (losses)	(9)
Exchange loss	(18)
Balance at end of period		741
Funds [Member]
Trading securities [Line items]
Balance at beginning of period	1,856
Purchase	18,404
Sale	19,906
Gains (losses)	121
Exchange loss	(64)
Balance at end of period	411	1,856
Futures [Member]
Trading securities [Line items]
Balance at beginning of period	(3)
Purchase
Sale	526
Gains (losses)	538
Exchange loss	(10)
Balance at end of period	$ (1)	$ (3)

SHORT-TERM INVESTMENTS (Schedule Of Additional Information On The Realized Gains And Losses) (Details) - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

Proceeds

$ 62,704

$ 415,528

Initial costs

59,136

240,346

Equity securities [Member]

3,568

175,182

Additional information on the realized gains and losses from available-for-sale investments

Proceeds

^[1]

62,704

352,733

Initial costs

^[1]

59,136

177,633

Additional information on the realized gains and losses from available-for-sale investments

^[1]

3,568

175,100

Corporate bonds [Member]

Proceeds

62,795

Initial costs

62,713

$ 82

[1]

SHORT-TERM INVESTMENTS (Narrative) (Details) - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

Short-term investments [Line Items]

$ 3,568

$ 175,182

Investees [Member]

Short-term investments [Line Items]

Equity securities [Member]

3,568

175,100

Short-term investments [Line Items]

Stock dividend recognized as the realized gain of short-term investment

^[1]

3,568

$ 175,100

$ 0

$ 157

[1]

SHORT-TERM INVESTMENTS (Derivative Financial Instruments) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Derivative financial instruments
Realized Gain (Losses)	$ 105	$ (6,270)
Not designated as hedging instruments
Derivative financial instruments
Assets (Liability) Derivatives		(239)
Realized Gain (Losses)	(25)	(100,644)	(36,967)
Not designated as hedging instruments \| Interest rate swaption-2013 batch [Member]
Derivative financial instruments
Assets (Liability) Derivatives
Realized Gain (Losses)			(1,302)
Not designated as hedging instruments \| Interest rate swaption-2014 batch [Member]
Derivative financial instruments
Assets (Liability) Derivatives		10
Realized Gain (Losses)	(10)	(1,927)	(38,383)
Not designated as hedging instruments \| Interest rate swap [Member]
Derivative financial instruments
Assets (Liability) Derivatives		(249)
Realized Gain (Losses)	(15)	(63)	(363)
Not designated as hedging instruments \| Call [Member] \| Short [Member]
Derivative financial instruments
Assets (Liability) Derivatives
Realized Gain (Losses)			10,919
Not designated as hedging instruments \| Call [Member] \| Long [Member]
Derivative financial instruments
Assets (Liability) Derivatives
Realized Gain (Losses)			(6,141)
Not designated as hedging instruments \| Put [Member] \| Short [Member]
Derivative financial instruments
Assets (Liability) Derivatives
Realized Gain (Losses)			(1,697)
Not designated as hedging instruments \| H Share Index Call Option [Member]
Derivative financial instruments
Assets (Liability) Derivatives
Realized Gain (Losses)		(59,554)
Not designated as hedging instruments \| FXIUP Call Option [Member]
Derivative financial instruments
Assets (Liability) Derivatives
Realized Gain (Losses)		$ (39,100)

LONG-TERM INVESTMENTS (Schedule Of Long-Term Investments) (Details) - USD ($) $ in Thousands	Dec. 31, 2016	May 31, 2016	Dec. 31, 2015	Jun. 30, 2015	May 31, 2015	Dec. 31, 2014
LONG-TERM INVESTMENTS [Line Items]
Total equity method investments	$ 357,726		$ 372,717
Total cost method investments	194,437		205,715
Total available-for-sale investments	143,185		225,778
Warrant of Snowball			901
Total long-term investments	695,348		810,990
Golden Axe Inc. [Member]
LONG-TERM INVESTMENTS [Line Items]
Total equity method investments	16,243		1,143
Snowball [Member]
LONG-TERM INVESTMENTS [Line Items]
Total available-for-sale investments	36,337		35,534
Eall [Member]
LONG-TERM INVESTMENTS [Line Items]
Total available-for-sale investments	2,892		20,829
268V Limited [Member]
LONG-TERM INVESTMENTS [Line Items]
Total available-for-sale investments	24,170		98,782
Omni [Member]
LONG-TERM INVESTMENTS [Line Items]
Total available-for-sale investments	27,053		28,866
Zhu Chao [Member]
LONG-TERM INVESTMENTS [Line Items]
Total available-for-sale investments	18,722		15,000
Others [Member]
LONG-TERM INVESTMENTS [Line Items]
Total available-for-sale investments	34,011		26,767
SoFi Loan Notes [Member]
LONG-TERM INVESTMENTS [Line Items]
Total held-to-maturity investments			5,879
Hylink [Member]
LONG-TERM INVESTMENTS [Line Items]
Total cost method investments	2,161		2,315
StoreDot [Member]
LONG-TERM INVESTMENTS [Line Items]
Total cost method investments	10,001		10,001
GoGo [Member]
LONG-TERM INVESTMENTS [Line Items]
Total cost method investments	11,127	$ 500	16,100	$ 3,000	$ 5,000
Motif [Member]
LONG-TERM INVESTMENTS [Line Items]
Total cost method investments	7,700		40,000
LendingHome [Member]
LONG-TERM INVESTMENTS [Line Items]
Total cost method investments	65,843		65,843
Credit Shop [Member]
LONG-TERM INVESTMENTS [Line Items]
Total cost method investments	35,000		15,000
Eunke [Member]
LONG-TERM INVESTMENTS [Line Items]
Total cost method investments	25,000		25,000
Others [Member]
LONG-TERM INVESTMENTS [Line Items]
Total cost method investments	37,605		31,456
Eall Network [Member]
LONG-TERM INVESTMENTS [Line Items]
Total equity method investments	18,137
SoFi [Member]
LONG-TERM INVESTMENTS [Line Items]
Total equity method investments	231,952		235,920
Hayman [Member]
LONG-TERM INVESTMENTS [Line Items]
Total equity method investments			29,678			$ 30,000
Rise [Member]
LONG-TERM INVESTMENTS [Line Items]
Total equity method investments	14,326		15,144
Others [Member]
LONG-TERM INVESTMENTS [Line Items]
Total equity method investments	$ 77,068		$ 90,832

LONG-TERM INVESTMENTS (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended																				3 Months Ended		12 Months Ended
	Apr. 30, 2017	Sep. 30, 2016	Apr. 30, 2016	Mar. 31, 2016	Feb. 27, 2016	Jan. 31, 2016	Dec. 31, 2015	Oct. 31, 2015	Jul. 31, 2015	Mar. 31, 2015	Jan. 31, 2015	Nov. 30, 2014	Sep. 30, 2014	Aug. 31, 2014	Apr. 30, 2014	Mar. 31, 2014	Nov. 30, 2012	Sep. 30, 2012	Jul. 31, 2012	Apr. 30, 2011	Apr. 30, 2016	Mar. 31, 2016	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Jul. 31, 2016	May 31, 2016	Jun. 30, 2015	May 31, 2015
Equity method investments
Earnings (loss) in equity method investments, net of tax																							$ (18,183)	$ (5,468)	$ 49,015
Total equity method investments							$ 372,717																357,726	372,717
Due to Related Parties							152																11,105	152	400
Cost method investments
Cost Method Investments							205,715																$ 194,437	205,715
Golden Axe [Member]
Available-for-sale:
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares											2,000,000
Business Acquisition, Percentage of Voting Interests Acquired																							20.46%
Payments to Acquire Businesses, Gross											$ 18,943
Business Combination, Consideration Transferred, Other																								1,143
Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain (Loss), Net																							$ 2,275
SZ Golden Axe [Member]
Available-for-sale:
Business Acquisition, Percentage of Voting Interests Acquired			20.46%																		20.46%
Payments to Acquire Businesses, Gross			$ 10,633
Maximum [Member]
Equity method investments
Total equity method investments							15,000																15,000	15,000
Series B shares [Member]
Available-for-sale:
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares											26,081,176
Business Combination, Consideration Transferred, Other						$ 7,167
Series A Preferred Stock [Member]
Equity method investments
Stock Issued During Period, Shares, Stock Splits																	22,294,876
Snowball [Member]
Available-for-sale:
Unrealized holding gains							1,437																803	1,437
Snowball [Member] \| Warrant [Member]
Equity method investments
Earnings (loss) in equity method investments, net of tax		$ 901
Available-for-sale:
Warrants term												2 years
Payments to acquire investments												$ 901
Snowball [Member] \| Series C Preferred Stock [Member]
Equity method investments
Number of shares purchased												35,040,427
Price per share (in dollars per share)												$ 0.9988
Snowball [Member] \| Series C Preferred Stock [Member] \| Warrant [Member]
Available-for-sale:
Price per share (in dollars per share)												$ 1.6906
Payments to acquire investments												$ 34,998
Number of shares entitled to be purchased on exercise of warrants												8,872,590
Eall [Member] \| Series B-1 and B-2 Preferred Share [Member]
Equity method investments
Ownership percentage																										20.40%
Available-for-sale:
Payments to acquire investments													$ 18,090
Eall [Member] \| Series B-1 Preferred Shares [Member]
Available-for-sale:
Number of shares purchased									652,598				5,321,428
Price per share (in dollars per share)									$ 3.08				$ 3.08
Payments to acquire investments									$ 2,010
Eall [Member] \| Series B-2 Preferred Shares [Member]
Available-for-sale:
Number of shares purchased													649,351
Price per share (in dollars per share)													$ 2.62
268V Limited [Member] \| Series D Preferred Stock [Member]
Available-for-sale:
Number of shares purchased											64,281,655
Payments to acquire investments											$ 75,000
Unrealized holding gains							23,782																	23,782
Cost-method Investments, Other than Temporary Impairment																							50,830
Omni [Member] \| Series B shares [Member]
Available-for-sale:
Number of shares purchased									14,727,541
Price per share (in dollars per share)									$ 1.358
Payments to acquire investments				$ 21,000
Unrealized holding gains							8,866																(2,813)	8,866
Omni [Member] \| Series B++ Preferred Share [Member]
Available-for-sale:
Number of shares purchased																						510,248
Price per share (in dollars per share)																						$ 1.96
Zhu Chao [Member] \| Series A Preferred Stock [Member]
Available-for-sale:
Number of shares purchased											1,553,566
Payments to acquire investments											$ 15,000
Unrealized holding gains																							3,722
Others [Member] \| Maximum [Member]
Cost method investments
Cost Method Investments							10,000																10,000	10,000
Available-for-sale:
Other long-term available-for-sale investments																							10,000
Hylink [Member]
Cost method investments
Acquisition of equity interest (as a percent)																				2.00%
Cash contribution made to acquire investments																				$ 2,381
Cost Method Investments							2,315																2,161	2,315
StoreDot [Member]
Cost method investments
Cost Method Investments							10,001																$ 10,001	$ 10,001
StoreDot [Member] \| Series B shares [Member]
Cost method investments
Acquisition of equity interest (as a percent)														6.06%
Cash contribution made to acquire investments														$ 10,001
GoGo [Member]
Cost method investments
Acquisition of equity interest (as a percent)												10.00%											10.48%	13.89%
Cash contribution made to acquire investments												$ 8,100
Cost Method Investments							16,100																$ 11,127	$ 16,100			$ 500	$ 3,000	$ 5,000
Available-for-sale:
Cost-method Investments, Other than Temporary Impairment																							5,473
Motif [Member]
Cost method investments
Acquisition of equity interest (as a percent)																								10.00%
Cost Method Investments							40,000																7,700	$ 40,000
Available-for-sale:
Cost-method Investments, Other than Temporary Impairment																							32,300
Motif [Member] \| Series E Preferred Shares [Member]
Cost method investments
Acquisition of equity interest (as a percent)																								10.00%
Cost Method Investments							$ 40,000																	$ 40,000
Number of shares purchased											5,579,734
LendingHome Corporation [Member]
Cost method investments
Acquisition of equity interest (as a percent)							14.72%
Cost Method Investments							$ 65,843																$ 65,843	65,843
LendingHome Corporation [Member] \| Series C Preferred Stock [Member]
Cost method investments
Number of shares purchased										6,153,999
Credit Shop [Member]
Cost method investments
Acquisition of equity interest (as a percent)																							40.99%
Cost Method Investments							15,000																$ 35,000	15,000
Credit Shop [Member] \| Series A Preferred Stock [Member]
Cost method investments
Cash contribution made to acquire investments					$ 20,000						$ 15,000
Number of shares purchased											204,471
Price per share (in dollars per share)											$ 73.36
Revolving line of credit, maximum borrowing capacity							15,000																	15,000
Amount of additional shares to be purchased upon conversion of debt							5,000
Debt Conversion, Original Debt, Amount											$ 15,000
Eunke [Member]
Cost method investments
Cost Method Investments							$ 25,000																25,000	$ 25,000
Eunke [Member] \| Series B shares [Member]
Equity method investments
Ownership percentage							21.90%																	21.90%
Cost method investments
Cash contribution made to acquire investments										$ 25,000
Number of shares purchased										4,770,131
Others [Member]
Cost method investments
Cost Method Investments							$ 31,456																37,605	$ 31,456
Others [Member] \| Maximum [Member]
Cost method investments
Cost Method Investments							10,000																10,000	10,000
Eall Network [Member]
Equity method investments
Earnings (loss) in equity method investments, net of tax																							(200)
Total equity method investments																							18,137
Available-for-sale:
Payments to acquire investments																							17,937
Social Finance, Inc [Member]
Equity method investments
Payment for equity method investments																							$ 242,120
Ownership percentage							21.20%																21.06%	21.20%
Earnings (loss) in equity method investments, net of tax																							$ (3,968)	$ 3,902
Total equity method investments							$ 235,920																$ 231,952	235,920
Social Finance, Inc [Member] \| Scenario, Forecast [Member]
Equity method investments
Sale of Stock, Number of Shares Issued in Transaction	5,719,986
Sale of Stock, Consideration Received on Transaction	$ 91,926
Social Finance, Inc [Member] \| Series B shares [Member]
Equity method investments
Number of shares purchased																		5,573,719
Price per share (in dollars per share)																		$ 8.791258
Social Finance, Inc [Member] \| Series D Preferred Stock [Member]
Equity method investments
Number of shares purchased																6,020,695
Price per share (in dollars per share)																$ 3.453
Social Finance, Inc [Member] \| Series E Preferred Shares [Member]
Equity method investments
Number of shares purchased											2,361,116
Price per share (in dollars per share)											$ 9.4578
Social Finance, Inc [Member] \| Series F Preferred Shares [Member]
Equity method investments
Number of shares purchased								9,507,933
Price per share (in dollars per share)								$ 15.7763
Social Finance, Inc [Member] \| Series 2012-A Senior Secured Sofi Loan Notes [Member]
Held-to-Maturity investments
Principal value of Series 2012-A Senior Secured Refi Loan Notes																			$ 10,000
Fixed annual interest rate (as a percent)																							4.00%
Monthly return of principal																							$ 5,879	984
Monthly earned interest																							166	181
Hayman [Member]
Equity method investments
Earnings (loss) in equity method investments, net of tax																							(157)	(322)
Total equity method investments							29,678																	29,678	$ 30,000
Sale of Stock, Consideration Received on Transaction																					$ 29,521
Rise [Member]
Equity method investments
Ownership percentage																							25.30%
Earnings (loss) in equity method investments, net of tax																							$ (818)	(882)
Total equity method investments							$ 15,144																$ 14,326	$ 15,144
Rise [Member] \| Series A Preferred Stock [Member]
Equity method investments
Number of shares purchased															7,856,395
Price per share (in dollars per share)															$ 2.1872
Payment for equity method investments															$ 17,183

LONG-TERM INVESTMENTS (Summary Of Financial Information Of The Equity Method Investments) (Details) - Equity method investments [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Equity method investments [Line Items]
Total current assets	$ 7,176,015	$ 2,606,921
Total assets	7,250,680	2,753,244
Total current liabilities	5,200,536	1,144,880
Total liabilities	5,340,139	1,220,771
Noncontrolling interests	443,885
Net revenues	406,686	199,069	$ 117,896
Gross profits	351,782	167,512	104,908
Income (loss) from continuing operations	(25,455)	(58,658)	36,157
Net income (loss)	$ (25,455)	$ (58,658)	$ 36,157

LONG-TERM INVESTMENTS (Summary of Long-Term Available-for-Sale Investments) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Schedule of Available-for-sale Securities [Line Items]
Cost	$ 177,628	$ 190,144
Gross unrealized gains	16,387	35,634
Other-than -temporary impairment	(50,830)
Fair value	143,185	225,778
Convertible Debt [Member]
Schedule of Available-for-sale Securities [Line Items]
Cost	4,700	6,500
Gross unrealized gains
Other-than -temporary impairment
Fair value	4,700	6,500
Convertible redeemable preferred shares [Member]
Schedule of Available-for-sale Securities [Line Items]
Cost	172,928	183,644
Gross unrealized gains	16,387	35,634
Other-than -temporary impairment	(50,830)
Fair value	$ 138,485	$ 219,278

PROPERTY AND EQUIPMENT, NET (Schedule Of Property And Equipment, Net) (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Property and equipment, net [Line Items]
Equipment, gross	$ 49,625	$ 56,509
Less: Accumulated depreciation	(20,869)	(23,130)
Less: Accumulated impairment loss	(90)	(90)
Equipment, net	28,666	33,289
Building [Member]
Property and equipment, net [Line Items]
Equipment, gross	29,989	32,142
Computer equipment and application software [Member]
Property and equipment, net [Line Items]
Equipment, gross	18,724	22,861
Furniture and vehicles [Member]
Property and equipment, net [Line Items]
Equipment, gross	137	163
Leasehold improvements [Member]
Property and equipment, net [Line Items]
Equipment, gross	$ 775	$ 1,343

PROPERTY AND EQUIPMENT, NET (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Depreciation expenses from continuing operations	$ 2,626	$ 7,338	$ 11,966
Depreciation expenses from discontinuing operations	$ 52	$ 1,500	$ 5,379

SHORT-TERM DEBT AND LONG-TERM DEBT (Narrative - Short-term debt) (Details) - USD ($) $ in Thousands		1 Months Ended		12 Months Ended
	Oct. 30, 2015	Dec. 31, 2015	Apr. 30, 2015	Dec. 31, 2016	Nov. 30, 2016
SHORT-TERM DEBT [Line Items]
Loan balance		$ 106,919		$ 37,202
Long-term Debt [Member]
SHORT-TERM DEBT [Line Items]
Fair Value Adjustment of Warrants	$ 6,656
Debt Instrument, Interest Rate, Effective Percentage	9.95%
Short term-loan agreement with the East West Bank, April 2015 [Member]
SHORT-TERM DEBT [Line Items]
Face amount of debt			$ 15,437
Debt term			1 year
Short term-loan agreement with the East West Bank, December 2015 [Member]
SHORT-TERM DEBT [Line Items]
Face amount of debt		$ 100,000
Interest rate (as a percent)		3.25%
Debt term		45 years
Short Term Loan Agreement With Bank Of Shangai November 2016 [Member]
SHORT-TERM DEBT [Line Items]
Face amount of debt					$ 7,202
Debt Instrument Annual Interest Rate as Percentage of One Year Loan Interest Rate Quoted by People's Bank of China					141.50%
Short Term Loan Agreement with East West Bank December 2016 [Member]
SHORT-TERM DEBT [Line Items]
Face amount of debt				$ 30,000
Debt Instrument, Description of Variable Rate Basis				one month LIBOR rate plus 1.2%

SHORT-TERM DEBT AND LONG-TERM DEBT (Narrative - Long-term debt) (Details) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended
	Jan. 31, 2016	Nov. 30, 2015	Oct. 31, 2015
A trust company [Member] \| SoFi [Member]
LONG-TERM DEBT [Line Items]
Face amount of debt			$ 59,260
Interest rate (as a percent)			6.00%
Period for which loan could be extended, if specific revenue targets of equity method investee are reached			5 years
Number of shares entitled to be purchased on exercise of warrants			1,502,507
Exercise price of warrants issued (in dollars per share)			$ 15.7763
Warrants term			5 years
A trust company [Member] \| SoFi [Member] \| Series F Preferred Stock [Member]
LONG-TERM DEBT [Line Items]
Number of Preferred Stock of equity method investee pledged			7,512,535
An asset management company [Member] \| Minimum [Member]
LONG-TERM DEBT [Line Items]
Interest rate (as a percent)		12.00%
An asset management company [Member] \| Maximum [Member]
LONG-TERM DEBT [Line Items]
Interest rate (as a percent)		16.00%
An asset management company [Member] \| SoFi [Member]
LONG-TERM DEBT [Line Items]
Face amount of debt		$ 69,468
Debt term		4 years
Repayments of Long-term Debt	$ 23,608
An asset management company [Member] \| SoFi [Member] \| Series B Preferred Stock [Member]
LONG-TERM DEBT [Line Items]
Number of Preferred Stock of equity method investee pledged		4,970,573
An asset management company [Member] \| SoFi [Member] \| Series D Preferred Stock [Member]
LONG-TERM DEBT [Line Items]
Number of Preferred Stock of equity method investee pledged		6,020,695
An asset management company [Member] \| SoFi [Member] \| Series E Preferred Stock [Member]
LONG-TERM DEBT [Line Items]
Number of Preferred Stock of equity method investee pledged		2,361,116

SHORT-TERM DEBT AND LONG-TERM DEBT (Schedule Of Short Term Debt) (Details) - USD ($)
$ in Thousands

Dec. 31, 2016

Dec. 31, 2015

$ 37,202

$ 106,919

East West Bank [Member]

Bank of Shanghai [Member]

^[1],[2],[3]

30,000

106,919

^[4]

$ 7,202

[1]	In April 2015, the Company entered into an agreement with the East West Bank through which the Company was granted a line of credit of $15,437 for one year. The Company has drawn $6,919 as of December 31, 2015. The loan bears 95% of the People’s Bank of China interest rate and is repayable within one year or earlier at the discretion of the Company. In April 2016, the Company extended the line of credit agreement for an additional year until July 1, 2017 with other terms unchanged. In July 2016, the Company repaid the entire loan.
[2]	In December 2015, the Company entered into a short-term loan agreement with East West Bank for $100,000. The cash receipt was restricted as to withdrawal and usage until the maturity date of the loan. The loan borne an annual interest rate of the greater of 3.25% or the prime rate published in the Money Rates section of the Western Edition of The Wall Street Journal and has a loan period of 45 days. The loan was repaid by the Company in February 2016.
[3]	In December 2016, the Company entered into a short-term loan agreement with East West Bank for $30,000. The loan bears an annual interest rate equal to the one month LIBOR rate plus 1.2% and has a loan period of six month.
[4]	In November 2016, the Company entered in to a short-term loan agreement with Bank of Shanghai for $7,202. The loan bears an annual interest rate of 141.5% of the one year loan interest rate quoted by the People’s Bank of China and has a loan period of six months. The Chief Operating Officer (“COO”) of the Company provided joint and several liability guarantee for the loan. The Company repaid the loan before the report date.

SHORT-TERM DEBT AND LONG-TERM DEBT (Schedule Of Debt Instruments) (Details) - USD ($)
$ in Thousands

Dec. 31, 2016

Dec. 31, 2015

An asset management company [Member]

$ 95,390

$ 122,072

^[1]

42,786

69,468

A trust company [Member]

Accrued Expenses And Other Current Liabilities [Line Items]

^[2]

$ 52,604

[1]

[2]

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES (Narrative) (Details) - USD ($)
$ in Thousands

Dec. 31, 2016

Dec. 31, 2015

Written Put Option

^[1]

$ 7,000

Equity Method Investment Options Exercised

Estimated Potential Investment In Next Three Years

$ 10,000

[1]

ACCRUED EXPENSES AND OTHER CURRENT LIABILITIES (Schedule Of Accrued Expenses And Other Current Liabilities) (Details) - USD ($)
$ in Thousands

Dec. 31, 2016

Dec. 31, 2015

Accrued expenses and other current liabilities

Employee payroll and welfare payables

$ 2,800

$ 4,700

Written put option

^[1]

7,000

Other tax payable

7,013

6,335

Accrued professional, marketing and leasing fees

3,965

4,983

Other payables

5,902

6,270

Accrued advertising sales rebate

101

443

$ 19,781

$ 29,731

[1]

INCOME TAXES (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
INCOME TAXES (Narrative) (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Income Taxes [Line Items]
Statutory income tax rate (as a percent)	25.00%	25.00%	25.00%
Net operating loss carry forwards	$ 54,567	$ 60,571
PRC [Member]
Income Taxes [Line Items]
Statutory income tax rate (as a percent)	25.00%	25.00%	25.00%
Withholding income tax rate on dividends generated and payable by a foreign-invested enterprise in PRC to foreign non-resident enterprise investors (as a percent)	10.00%

INCOME TAXES (Schedule Of Current And Deferred Component Of Income Tax Expenses (Benefits) Which Were Substantially Attributable To The Companys PRC Subsidiaries And VIE And VIEs Subsidiaries) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Current and deferred component of income tax expenses (benefits)
Income tax expenses	$ 2,470	$ 3,124	$ 6,517
PRC [Member]
Current and deferred component of income tax expenses (benefits)
Current income tax expense	2,470	3,124	1,620
Deferred income tax (benefit) expense			4,897
Income tax expenses	$ 2,470	$ 3,124	$ 6,517

INCOME TAXES (Schedule Of Principal Components Of The Deferred Tax Assets And Liabilities) (Details) - PRC [Member] - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Current deferred tax assets
Provision for doubtful accounts	$ 5,339	$ 2,526
Accrued payroll and welfare	700	1,175
Accrued liabilities-current	2,409	2,520
Less valuation allowance	(8,448)	(6,221)
Current deferred tax assets, net
Non-current deferred tax assets
Excessive advertising fee-non-current	1,572	1,415
Excessive employee education fee-non-current	150	152
Net operating loss carry forwards	54,567	60,571
Less valuation allowance	(56,289)	(62,138)
Non-current deferred tax assets, net
Non-current deferred tax liabilities

INCOME TAXES (Schedule Of Reconciliation Between The Income Taxes Expense (Benefit) Computed By Applying PRC Tax Rate To Income (Loss) Before Income Taxes And Actual Provision For Income Taxes) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Operating loss carry forwards [Line Items]
Loss before provision of income tax	$ (173,400)	$ (214,585)	$ (12,708)
PRC statutory income tax rate (as a percent)	25.00%	25.00%	25.00%
Income tax at statutory tax rate	$ (43,350)	$ (53,646)	$ (3,177)
Taxable deemed interest income from inter-company interest-free loans	6,925	5,632	5,407
Non-deductible loss and other expenses not deductible for tax purposes	42,571	41,114	1,869
Effect of income tax exemption of the Company in the Cayman Islands	(54)	(27)	(17,942)
Changes in valuation allowance	(3,622)	10,051	20,360
Income tax expenses	$ 2,470	$ 3,124	$ 6,517

ORDINARY SHARES (Details) - USD ($) $ in Thousands	12 Months Ended
ORDINARY SHARES (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Ordinary shares [Member]
ORDINARY SHARES [Line Items]
Total consideration given for repurchase of ordinary shares
Class A ordinary shares [Member]
ORDINARY SHARES [Line Items]
Total consideration given for repurchase of ordinary shares		$ 10,292	$ 87,323
Class A ordinary shares [Member] \| Ordinary shares [Member]
ORDINARY SHARES [Line Items]
Shares repurchased		10,912,110	80,728,137

FAIR VALUE MEASUREMENTS (Summary Of Companys Financial Assets Measured And Recorded At Fair Value On Recurring Basis) (Details) - Recurring basis [Member] - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Short-term investments Trading securities:
Equity securities		$ 264
Corporate bonds		741
Funds	411	1,856
Future	(1)	(3)
Derivative financial instruments:
Interest rate swaptions		10
Interest rate swap		(249)
Long-term investments Available-for-sale investments:
Convertible redeemable preferred shares	138,485	219,278
Convertible debt	4,700	6,500
Accrued expenses and other current liabilities
Written put option		(7,000)
Other non-current liabilities
Liability-classified warrant	(6,551)	(6,656)
Total	137,044	214,741
Quoted price in active markets for identical assets Level 1 [Member]
Short-term investments Trading securities:
Equity securities		264
Corporate bonds		741
Funds	411	1,856
Future	(1)	(3)
Derivative financial instruments:
Interest rate swaptions
Interest rate swap
Long-term investments Available-for-sale investments:
Convertible redeemable preferred shares
Convertible debt
Accrued expenses and other current liabilities
Written put option
Other non-current liabilities
Liability-classified warrant
Total	410	2,858
Significant other observable inputs Level 2 [Member]
Short-term investments Trading securities:
Equity securities
Corporate bonds
Funds
Future
Derivative financial instruments:
Interest rate swaptions		10
Interest rate swap		(249)
Long-term investments Available-for-sale investments:
Convertible redeemable preferred shares
Convertible debt
Accrued expenses and other current liabilities
Written put option
Other non-current liabilities
Liability-classified warrant
Total		(239)
Significant unobservable inputs Level 3 [Member]
Short-term investments Trading securities:
Equity securities
Corporate bonds
Funds
Future
Derivative financial instruments:
Interest rate swaptions
Interest rate swap
Long-term investments Available-for-sale investments:
Convertible redeemable preferred shares	138,485	219,278
Convertible debt	4,700	6,500
Accrued expenses and other current liabilities
Written put option		(7,000)
Other non-current liabilities
Liability-classified warrant	(6,551)	(6,656)
Total	$ 136,634	$ 212,122

FAIR VALUE MEASUREMENTS (Summary of Reconciliation of Fair Value Measurement Using Level 3) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Liability Classified Warrant [Member]
Fair value measurements
Balance at beginning of period	$ (6,656)
Initial recognition		(6,656)
Derecognition
Gains (losses) for the period Earnings	105
Other comprehensive income
Balance at end of period	(6,551)	(6,656)
Convertible debt [Member]
Fair value measurements
Balance at beginning of period	6,500	5,000
Initial recognition	3,200	1,500
Derecognition	(5,000)
Gains (losses) for the period Earnings
Other comprehensive income
Balance at end of period	4,700	6,500
Convertible redeemable preferred shares [Member]
Fair value measurements
Balance at beginning of period	219,278	51,492
Initial recognition	6,492	131,457
Derecognition	(17,937)
Gains (losses) for the period Earnings	(50,830)	695
Other comprehensive income	(18,518)	35,634
Balance at end of period	138,485	219,278
Written put option [Member]
Fair value measurements
Balance at beginning of period	(7,000)	(730)
Initial recognition
Derecognition	7,000
Gains (losses) for the period Earnings		(6,270)
Other comprehensive income
Balance at end of period		$ (7,000)

FAIR VALUE MEASUREMENTS (The liability-classified warrant was valued using Black-Scholes model) (Details) - $ / shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Exercise price	$ 15.78	$ 15.78
Annual risk-free interest rate	1.70%	1.40%
Volatility	28.00%	29.00%
Dividend yield

FAIR VALUE MEASUREMENTS (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Financial assets measured and recorded at fair value [Line Items]
Impairment loss on equity method investment	$ 4,258
Terminal growth rate (as a percent)		3.00%
Discount rate (as a percent)		30.00%
Cost Method Investments	194,437	$ 205,715
Cost Method Investments, Fair Value Disclosure	214,492
Cost-method Investments [Member]
Financial assets measured and recorded at fair value [Line Items]
Cost-method Investments, Other than Temporary Impairment	43,958
Equity Method Investments [Member]
Financial assets measured and recorded at fair value [Line Items]
Impairment loss on equity method investment	$ 7,519

SHARE-BASED COMPENSATION (Stock Options) (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands					1 Months Ended		8 Months Ended	12 Months Ended
	Dec. 23, 2015	Dec. 29, 2014	May 19, 2014	Dec. 28, 2012	Feb. 26, 2016	Dec. 31, 2012	Oct. 31, 2010	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Oct. 15, 2009
SHARE-BASED COMPENSATION : Stock Options [Line Items]
Award vesting period					6 years
Closing stock price of ordinary shares (in dollars per share)								$ 0.53	$ 1.23	$ 0.84
Unrecognized share-based compensation cost disclosure
Intrinsic value of options exercised								$ 1,118	$ 2,044	$ 5,463
Proceeds by noncontrolling shareholder									1,930
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value								$ 0.54		$ 0.55
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested in Period, Fair Value								$ 12,721	$ 23,008	$ 12,068
Wanmen [Member]
SHARE-BASED COMPENSATION : Stock Options [Line Items]
Percentage of Initially Owned Equity Interest									75.00%
Monte Carlo [Member]
SHARE-BASED COMPENSATION : Stock Options [Line Items]
Exercise price of awards granted (in dollars per share)								$ 1.097
Closing stock price of ordinary shares (in dollars per share)								$ 2.60
Unrecognized share-based compensation cost disclosure
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Risk Free Interest Rate								2.197%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Volatility Rate								52.00%
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions, Expected Term								10 years
Stock options [Member]
SHARE-BASED COMPENSATION : Stock Options [Line Items]
Options granted to employees, management and external advisors (in shares)							3,980,630	39,752,430
Exercise price of awards granted (in dollars per share)								$ 1.227
Unrecognized share-based compensation cost disclosure
Unrecognized share-based compensation expense relating to share options								$ 35,835
Weighted-average vesting period for recognition of unrecognized share-based compensation cost								2 years 4 months 20 days
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value								$ 0.54
Non-employee options [Member]
SHARE-BASED COMPENSATION : Stock Options [Line Items]
Share-based compensation expense									$ 77	614
Employee stock options [Member]
SHARE-BASED COMPENSATION : Stock Options [Line Items]
Percantage of options to be forfeited on May 19, 2017 unless the average closing price of one ADS for specific period is US$6.00 or higher			100.00%
Number of days for calculation of average closing price of one ADS			30 days
Minimum average closing price of one ADS for specific period			$ 6.00
Options granted to employees, management and external advisors (in shares)			69,593,691
Exercise price of awards granted (in dollars per share)			$ 1.097
Share-based compensation expenses from continuing operations								$ 19,420	22,989	18,282
Share-based compensation expenses from discontinued operations									$ 1,736	$ 777
Employee stock options [Member] \| Share-based Compensation Award, Tranche Two [Member]
SHARE-BASED COMPENSATION : Stock Options [Line Items]
Options granted to employees, management and external advisors (in shares)			34,796,844
Unrecognized share-based compensation cost disclosure
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights			(2) 25% of the options will be vested on May 19, 2015 and 1/36 of the remaining 75% will be vested at the 18th day of each calendar month after May 19, 2015 through the end of the fourth year,
Employee stock options [Member] \| Share-based Compensation Award, Tranche One [Member]
SHARE-BASED COMPENSATION : Stock Options [Line Items]
Options granted to employees, management and external advisors (in shares)			34,796,847
Unrecognized share-based compensation cost disclosure
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights			1/36 of the remaining 75% will be vested at the 18th day of each calendar month after May 19, 2015
Modified stock options [Member]
SHARE-BASED COMPENSATION : Stock Options [Line Items]
Exercise price of the outstanding share options granted before modification (in dollars per ADS)				$ 4.00
Exercise price of the outstanding share options granted after modification (in dollars per ADS)				$ 3.30
Outstanding options eligible for modification (in shares)						27,480,309
Total incremental cost						$ 4,281
Modified Stock Options 23 December 2015 [Member]
SHARE-BASED COMPENSATION : Stock Options [Line Items]
Total incremental cost	$ 10,926
Modified Stock Options 29 December 2014 [Member]
SHARE-BASED COMPENSATION : Stock Options [Line Items]
Exercise price of the outstanding share options granted before modification (in dollars per ADS)		$ 0.873
Exercise price of the outstanding share options granted after modification (in dollars per ADS)		$ 0.873
Total incremental cost		$ 6,350
2009 Plan [Member] \| Stock options [Member]
SHARE-BASED COMPENSATION : Stock Options [Line Items]
Options approved under the plan (in shares)											39,064,000
2011 Stock Incentive Plan [Member]
SHARE-BASED COMPENSATION : Stock Options [Line Items]
Options approved under the plan (in shares)					110,014,158
Options granted to employees, management and external advisors (in shares)					45,000,000
Stock Incentive Plan 2006 [Member]
SHARE-BASED COMPENSATION : Stock Options [Line Items]
Options approved under the plan (in shares)					97,430,220
Stock Incentive Plan 2008 [Member]
SHARE-BASED COMPENSATION : Stock Options [Line Items]
Options approved under the plan (in shares)					30,529,630
Stock Incentive Plan 2009 [Member]
SHARE-BASED COMPENSATION : Stock Options [Line Items]
Options approved under the plan (in shares)					40,000,000
Stock Incentive Plan 2016 [Member]
SHARE-BASED COMPENSATION : Stock Options [Line Items]
Options approved under the plan (in shares)					53,596,236
Link224 Inc. Plan [Member]
SHARE-BASED COMPENSATION : Stock Options [Line Items]
Options approved under the plan (in shares)					13,055,529

SHARE-BASED COMPENSATION (Schedule Of Fair Value Of Options Granted, Estimated On Date Of Grant Using Option-Pricing Models With Assistance From Marsh, Independent Valuation Firm, With Assumptions Used) (Details) - Binomial option pricing model [Member] - $ / shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2014
Fair value of the options granted, estimated on the date of grant using option-pricing models with assistance from Duff & Phelps, an independent valuation firm, with assumptions used [Line Items]
Risk-free interest rate (as a percent)	2.00%	2.60%
Expected term (in years)	10 years	10 years
Exercise price	$ 1.227	$ 1.097
Volatility rate (as a percent)	50.00%	54.00%
Dividend yield (as a percent)

SHARE-BASED COMPENSATION (Summary Of Information With Respect To Share Options Outstanding) (Details) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2016 USD ($) $ / shares shares
Options outstanding
Number outstanding (in shares) \| shares	145,446,560
Weighted average intrinsic value \| $	$ 800
Options exercisable
Number of exercisable (in shares) \| shares	80,492,529
Weighted average intrinsic value \| $	$ 800
Range of exercise price from $0.08-$0.18 [Member]
Information with respect to share options outstanding [Line Items]
Low end of range of exercise prices (in dollars per share)	$ 0.08
High end of range of exercise prices (in dollars per share)	$ 0.18
Options outstanding
Number outstanding (in shares) \| shares	1,469,135
Weighted average remaining contractual life	1 year 9 months 11 days
Weighted average exercise price (in dollars per share)	$ 0.18
Weighted average intrinsic value \| $	$ 514
Options exercisable
Number of exercisable (in shares) \| shares	1,469,100
Weighted average remaining contractual life	1 year 9 months 11 days
Weighted average exercise price (in dollars per share)	$ 0.18
Weighted average intrinsic value \| $	$ 514
Range of exercise price from $0.2-$0.3 [Member]
Information with respect to share options outstanding [Line Items]
Low end of range of exercise prices (in dollars per share)	$ 0.2
High end of range of exercise prices (in dollars per share)	$ 0.3
Options outstanding
Number outstanding (in shares) \| shares	400,000
Weighted average remaining contractual life	9 months 7 days
Weighted average exercise price (in dollars per share)	$ 0.28
Weighted average intrinsic value \| $	$ 102
Options exercisable
Number of exercisable (in shares) \| shares	399,999
Weighted average remaining contractual life	9 months 7 days
Weighted average exercise price (in dollars per share)	$ 0.28
Weighted average intrinsic value \| $	$ 102
Range of exercise price from $0.35-$0.38 [Member]
Information with respect to share options outstanding [Line Items]
Low end of range of exercise prices (in dollars per share)	$ 0.35
High end of range of exercise prices (in dollars per share)	$ 0.38
Options outstanding
Number outstanding (in shares) \| shares	1,059,802
Weighted average remaining contractual life	9 months 7 days
Weighted average exercise price (in dollars per share)	$ 0.36
Weighted average intrinsic value \| $	$ 184
Options exercisable
Number of exercisable (in shares) \| shares	1,059,792
Weighted average remaining contractual life	9 months 7 days
Weighted average exercise price (in dollars per share)	$ 0.36
Weighted average intrinsic value \| $	$ 184
Range of exercise price from $0.873-$1.3 [Member]
Information with respect to share options outstanding [Line Items]
Low end of range of exercise prices (in dollars per share)	$ 0.873
High end of range of exercise prices (in dollars per share)	$ 1.3
Options outstanding
Number outstanding (in shares) \| shares	142,517,623
Weighted average remaining contractual life	7 years 4 months 13 days
Weighted average exercise price (in dollars per share)	$ 0.97
Weighted average intrinsic value \| $
Options exercisable
Number of exercisable (in shares) \| shares	77,563,638
Weighted average remaining contractual life	6 years 6 months 11 days
Weighted average exercise price (in dollars per share)	$ 0.87
Weighted average intrinsic value \| $

SHARE-BASED COMPENSATION (Summary Of Activity Of Stock Options Granted) (Details) - $ / shares	8 Months Ended	12 Months Ended
	Oct. 31, 2010	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Weighted average grant date fair value
Granted (in dollars per share)		$ 0.54		$ 0.55
Stock options [Member]
Number of shares
Balance at the beginning of the period (in shares)		112,882,397	117,848,006
Granted (in shares)	3,980,630	39,752,430
Exercised (in shares)		(2,637,393)	(3,089,784)
Forfeited (in shares)		(4,550,874)	(1,875,825)
Balance at the end of the period (in shares)		145,446,560	112,882,397	117,848,006
Exercisable, at the end of the period (in shares)		80,492,529
Vested and expected to vest, at the end of the period (in shares)		64,954,031
Weighted average exercise price
Balance at the beginning of the period (in dollars per share)		$ 0.82	$ 0.81
Granted (in dollars per share)		1.227
Exercised (in dollars per share)		0.44	0.44
Forfeited (in dollars per share)		0.09	0.87
Balance at the end of the period (in dollars per share)		0.96	0.82	$ 0.81
Exercisable, at the end of the period (in dollars per share)		0.85
Vested and expected to vest, at the end of the period (in dollars per share)		1.09
Weighted average grant date fair value
Balance at the beginning of the period (in dollars per share)		0.69	0.68
Granted (in dollars per share)		0.54
Exercised (in dollars per share)		0.33	0.28
Forfeited (in dollars per share)		1.6	0.65
Balance at the end of the period (in dollars per share)		$ 0.63	$ 0.69	$ 0.68

SHARE-BASED COMPENSATION (Summary Of Nonvested Restricted Shares Activity) (Details) - Nonvested restricted shares [Member] - $ / shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Weighted number of nonvested restricted shares
Outstanding at the beginning of the period (in shares)	6,009,738	5,712,993
Granted (in shares)	14,244,837	6,025,092
Vested (in shares)	(2,648,934)	(2,084,511)
Forfeited (in shares)	(1,670,433)	(3,643,836)
Outstanding at the end of the period (in shares)	15,935,208	6,009,738
Weighted average fair value per ordinary share at the grant dates
Outstanding at the beginning of the period (in dollars per share)	$ 1.02	$ 1.1
Granted (in dollars per share)	1	0.97
Vested (in dollars per share)	1.02	1.04
Forfeited (in dollars per share)	1.02	1.04
Outstanding at the end of the period (in dollars per share)	$ 1	$ 1.02

SHARE-BASED COMPENSATION (Nonvested Restricted Shares) (Narrative) (Details) - Nonvested restricted shares [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
SHARE-BASED COMPENSATION : Stock Options [Line Items]
Incremental share-based compensation costs	$ 1,955
Other disclosures
Compensation expense	4,124	$ 1,509	$ 1,196
Share-based compensation from discontinued operations			$ 2,735
2009 Plan [Member]
Other disclosures
Unrecognized compensation expense	$ 14,923
Expected weighted-average period for unrecognized compensation expense to be recognized	2 years 10 months 17 days

SHARE-BASED COMPENSATION (Share-Based Compensation Attributable To Selling And Marketing, Research And Development And General And Administrative Expenses And Loss From Operations Of Discontinued Operations) (Details) - Options and nonvested restricted shares [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Share-based compensation recorded by Group [Line Items]
Share-based compensation expenses from continuing operations	$ 23,544	$ 26,505	$ 20,092
Expense from the discontinued operations		1,736	3,512
Share-based compensation	23,544	28,241	23,604
Selling and marketing [Member]
Share-based compensation recorded by Group [Line Items]
Share-based compensation expenses from continuing operations	770	243	193
Research and development [Member]
Share-based compensation recorded by Group [Line Items]
Share-based compensation expenses from continuing operations	1,363	781	916
General and administrative [Member]
Share-based compensation recorded by Group [Line Items]
Share-based compensation expenses from continuing operations	$ 21,411	$ 25,481	$ 18,983

RELATED PARTY BALANCES AND TRANSACTIONS (Schedule Of Amounts Due From Related Parties) (Details) - USD ($)
$ in Thousands

Dec. 31, 2016

Dec. 31, 2015

Golden Axe, equity investee of the Company [Member]

$ 13,419

$ 16,484

Tianjin Yi Chuang Xin He Information Technology Co., Ltd [Member]

^[1]

15,963

^[2]

10,082

Others [Member]

Others

$ 3,337

$ 521

[1]

[2]

RELATED PARTY BALANCES AND TRANSACTIONS (Narrative) (Details)
$ in Thousands, ¥ in Millions

1 Months Ended

12 Months Ended

May 31, 2016

USD ($)

May 31, 2016

CNY (¥)

Jan. 31, 2016

USD ($)

Oct. 31, 2015

USD ($)

Feb. 28, 2015

USD ($)

Mar. 31, 2014

USD ($)

Sep. 30, 2012

USD ($)

Jul. 31, 2012

USD ($)

Dec. 31, 2016

USD ($)

Dec. 31, 2015

USD ($)

Dec. 31, 2014

USD ($)

Dec. 31, 2006

USD ($)

Nov. 30, 2016

USD ($)

Nov. 30, 2015

USD ($)

Proceeds from Related Party Debt

$ 13,419

$ 16,484

Short-term Debt

37,202

106,919

Due from Related Parties

¥ 70

14,625

4,957

$ 751

$ 10,692

¥ 70

10,692

CEO [Member]

Face amount of debt

$ 69,468

Liu Guolan [Member]

Payments to Fund Long-term Loans to Related Parties

$ 167

Maturity period

10 years

Other Income

7,021

Proceeds from (Repayments of) Related Party Debt

7,188

SoFi [Member] | Series B shares [Member]

SoFi [Member] | Series D shares [Member]

$ 49,000

SoFi [Member] | Series E preferred shares [Member]

$ 20,789

SoFi [Member] | Series F Preferred Stock [Member]

$ 22,331

SoFi Lending Corp. [Member] | Series 2012-A Senior Secured Refi Loan Notes [Member]

$ 150,000

Purchases of Series 2012-A Senior Secured Refi Loan Notes

$ 10,000

Golden Axe [Member]

Amounts due from related parties excluding interest-free amount

^[1]

15,963

$ 3,320

Interest rate (as a percent)

5.00%

Loan Settlement To Reduce of Payment For Investments

$ 4,905

Guaranteed by Chief Operating Officer [Member]

Short-term Debt

$ 7,202

[1]

RELATED PARTY BALANCES AND TRANSACTIONS (Schedule Of Amount Due To Related Parties) (Details) - USD ($)
$ in Thousands

Dec. 31, 2016

Dec. 31, 2015

Others

$ 222

$ 36

10,914

Eall [Member]