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Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Costs and expenses:      
Research and development expenses $ 67,314 $ 109,565 $ 121,033
General and administrative expenses 28,452 32,052 24,048
Restructuring expenses 9,521 5,710  
Total costs and expenses 95,766 147,327 145,081
Loss from continuing operations (95,766) (147,327) (145,081)
Other income and expenses:      
Interest income 895 276 99
Interest expense (34,650) (22,449) (18,769)
Gain on deconsolidation of Silver Creek Pharmaceuticals, Inc. 10,848    
Gain on sale of asset 1,703    
Other (expense) income, net (1,433) (8) 917
Net loss from continuing operations before income tax benefit (118,403) (169,508) (162,834)
Income tax benefit 42,399 13,224 11,215
Net loss from continuing operations (76,004) (156,284) (151,619)
Discontinued operations:      
Income from discontinued operations, net of tax 546,872 2,766 3,832
Net income (loss) 470,868 (153,518) (147,787)
Net (loss) income attributable to non-controlling interest (1,160) (1,778) 170
Net income (loss) attributable to Merrimack Pharmaceuticals, Inc. 472,028 (151,740) (147,957)
Other comprehensive income:      
Unrealized gain on available-for-sale securities     74
Other comprehensive income     74
Comprehensive income (loss) 472,028 (151,740) (147,883)
Amounts attributable to Merrimack Pharmaceuticals, Inc.:      
Net loss from continuing operations (74,844) (154,506) (151,789)
Income from discontinued operations, net of tax $ 546,872 $ 2,766 $ 3,832
Basic and dilutive net income (loss) per common share      
Net loss from continuing operations $ (5.66) $ (12.33) $ (13.63)
Net income from discontinued operations, net of tax 41.33 0.22 0.34
Net income (loss) per share $ 35.67 $ (12.11) $ (13.29)
Weighted-average common shares used in per share calculations—basic and diluted 13,232 12,533 11,136
Cash dividend paid per common share $ 10.55