Upon configuring IntelliJ IDEA 2016.2.x with a TypeScript compiler, specifically Node v6.2.1 in my case, an error relating to the TypeScript project has surfaced:
"Error: Cannot start compiler process"
This issue emerged after the upgrade to IntelliJ version 2016.2.x. Previous iterations did not encounter this problem.
My TypeScript compiler setup can be seen here: https://i.sstatic.net/oAW8n.png
For reference, the error message is captured here: https://i.sstatic.net/tqcRG.png