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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, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Operating expenses:        
Research and development expenses $ 12,959 $ 13,598 $ 39,743 $ 54,954
General and administrative expenses 3,777 3,366 11,560 23,798
Total operating expenses 16,736 16,964 51,303 78,752
Loss from continuing operations (16,736) (16,964) (51,303) (78,752)
Other income and expenses:        
Interest income 306 250 863 646
Interest expense (472) (1,659) (472) (30,400)
Gain on deconsolidation of Silver Creek Pharmaceuticals, Inc.   10,848   10,848
Gain on sale of asset       1,703
Other income (expense), net (237) 69 (1,778) (592)
Total other income and expenses (403) 9,508 (1,387) (17,795)
Net loss from continuing operations before income tax benefit (17,139) (7,456) (52,690) (96,547)
Income tax benefit 4,798 2,133 4,798 32,372
Net loss from continuing operations (12,341) (5,323) (47,892) (64,175)
Discontinued operations:        
Income from discontinued operations, net of tax 16,330 8,456 16,330 547,994
Net income (loss) 3,989 3,133 (31,562) 483,819
Net income (loss) attributable to non-controlling interest   31   (1,160)
Net income (loss) attributable to Merrimack Pharmaceuticals, Inc. 3,989 3,102 (31,562) 484,979
Other comprehensive income (loss):        
Unrealized loss on marketable securities (4)   (5)  
Other comprehensive income (loss) (4)   (5)  
Comprehensive income (loss) 3,985 3,102 (31,567) 484,979
Amounts attributable to Merrimack Pharmaceuticals, Inc.:        
Net loss from continuing operations (12,341) (5,354) (47,892) (63,015)
Income from discontinued operations, net of tax 16,330 8,456 16,330 547,994
Net income (loss) attributable to Merrimack Pharmaceuticals, Inc. $ 3,989 $ 3,102 $ (31,562) $ 484,979
Basic and dilutive net income (loss) per common share        
Net loss from continuing operations $ (0.92) $ (0.40) $ (3.59) $ (4.77)
Net income from discontinued operations, net of tax 1.22 0.64 1.22 41.52
Net income (loss) per share $ 0.30 $ 0.24 $ (2.37) $ 36.75
Weighted-average common shares used per share calculations—basic and diluted 13,343 13,282 13,343 13,197
Cash dividend paid per common share       $ 10.55