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Condensed Consolidated Statements of Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
OPERATING EXPENSES:    
Research and development $ 19,527 $ 27,483
General and administrative 38,099 13,646
Loss from operations (57,626) (41,129)
OTHER (EXPENSE) INCOME:    
Other (expense) income, net 80 (1)
Interest income 607 667
NET LOSS (56,939) (40,463)
OTHER COMPREHENSIVE LOSS, NET OF TAX:    
Unrealized (loss) gain from available-for-sale securities (37) 232
COMPREHENSIVE LOSS (56,976) (40,231)
LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS - BASIC AND DILUTED (Note 10) $ (56,939) $ (40,463)
LOSS PER SHARE:    
Basic and diluted (in dollars per share) $ (1.32) $ (0.94)
WEIGHTED AVERAGE SHARES:    
Basic and diluted (in shares) 43,185,952 43,012,924