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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Costs and expenses:        
Research and development expenses $ 13,598 $ 28,247 $ 54,954 $ 83,944
General and administrative expenses 3,366 6,448 23,798 21,038
Restructuring expenses   809   809
Total costs and expenses 16,964 35,504 78,752 105,791
Loss from continuing operations (16,964) (35,504) (78,752) (105,791)
Other income and expenses:        
Interest income 250 64 646 258
Interest expense (1,659) (1,560) (30,400) (20,708)
Gain on deconsolidation of Silver Creek Pharmaceuticals, Inc. 10,848   10,848  
Gain on sale of asset     1,703  
Other income (expense), net 69 385 (592) 278
Net loss from continuing operations before income tax benefit (7,456) (36,615) (96,547) (125,963)
Income tax benefit 2,133 9,770 32,372 9,770
Net loss from continuing operations (5,323) (26,845) (64,175) (116,193)
Discontinued operations:        
Income (loss) from discontinued operations, net of tax 8,456 (3,430) 547,994 (3,698)
Net income (loss) 3,133 (30,275) 483,819 (119,891)
Net income (loss) attributable to non-controlling interest 31 (207) (1,160) (600)
Net income (loss) attributable to Merrimack Pharmaceuticals, Inc. 3,102 (30,068) 484,979 (119,291)
Other comprehensive income (loss):        
Unrealized loss on available-for-sale securities   (3)   (2)
Other comprehensive loss   (3)   (2)
Comprehensive income (loss) 3,102 (30,071) 484,979 (119,293)
Amounts attributable to Merrimack Pharmaceuticals, Inc.:        
Net loss from continuing operations (5,354) (26,638) (63,015) (115,593)
Income (loss) from discontinued operations, net of tax 8,456 (3,430) 547,994 (3,698)
Net income (loss) attributable to Merrimack Pharmaceuticals, Inc. $ 3,102 $ (30,068) $ 484,979 $ (119,291)
Basic and dilutive net income (loss) per common share        
Net loss from continuing operations $ (0.40) $ (2.06) $ (4.77) $ (9.33)
Net income (loss) from discontinued operations, net of tax 0.64 (0.27) 41.52 (0.30)
Net income (loss) per share $ 0.24 $ (2.33) $ 36.75 $ (9.63)
Weighted-average common shares used per share calculations—basic and diluted 13,282 12,921 13,197 12,383
Cash dividend paid per common share     $ 10.55