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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
ASSETS    
Cash and cash equivalents $ 317,867 $ 397,530 [1]
Short-term investments 41,083 31,170 [1]
Other current assets 4,189 5,916 [1]
Total current assets 363,139 434,616 [1]
Property and equipment, net of accumulated depreciation of $39,983 at June 30, 2011 and $38,286 at December 31, 2010 19,485 21,574 [1]
Marketable securities 3,316 31,394 [1]
Other assets 759 1,273 [1]
Total assets 386,699 488,857 [1]
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Accounts payable 1,430 4,192 [1]
Accrued expenses and other 11,050 14,195 [1]
Total current liabilities 12,480 18,387 [1]
Notes payable 134,499 134,499 [1]
Other liabilities 4,266 4,114 [1]
Total liabilities 151,245 157,000 [1]
Commitments and contingencies    
Stockholders’ equity:    
Preferred stock - $.01 par value, authorized 3,000,000 shares; no shares issued and outstanding at June 30, 2011 and December 31, 2010 0 0 [1]
Common stock - $.01 par value, authorized 170,000,000 shares; issued and outstanding 50,631,943 shares at June 30, 2011 and 58,817,561 shares at December 31, 2010 506 588 [1]
Additional paid-in capital 365,331 454,657 [1]
Accumulated other comprehensive income 556 914 [1]
Accumulated deficit (130,939) (124,302) [1]
Total stockholders’ equity 235,454 331,857 [1]
Total liabilities and stockholders’ equity $ 386,699 $ 488,857 [1]
[1] Condensed from audited financial statements.