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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Current assets:    
Cash and cash equivalents $ 19,661 $ 49,482
Investments available for sale 26,493 14,438
Prepaid taxes 14,963 10,459
Prepaid expense and other current assets 114 91
Total current assets 61,231 74,470
Property and equipment, net 70 56
Intangible and other assets 12 60
Deferred tax benefit 0 47
Total assets 61,313 74,633
Current liabilities:    
Accounts payable and accrued liabilities 3,197 1,227
Income tax liability 0 430
Derivative liability 4,172 4,699
Total current liabilities 7,369 6,356
Stockholders' equity:    
Preferred stock, par value $0.0001 per share Authorized: 10,000,000 shares at December 31, 2012 and 2011, Issued and outstanding: 0 shares at December 31, 2012 and 2011 0 0
Common stock, par value $0.0001 per share Authorized: 100,000,000 shares at December 31, 2012 and 2011, Issued and outstanding: 51,150,242 shares and 50,619,136 shares, at December 31, 2012 and 2011, respectively 5 5
Additional paid in capital 116,856 104,277
Accumulated deficit (62,925) (36,001)
Accumulated other comprehensive income/(loss) 8 (4)
Total stockholders' equity 53,944 68,277
Total liabilities and stockholders' equity $ 61,313 $ 74,633