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Quarterly Financial Data (unaudited) (Tables)
 12 Months Ended
Dec. 31, 2015
Quarterly Financial Data (unaudited) [Abstract]  
Quarterly Financial Information
Summarized quarterly financial data for 2015 and 2014 is as follows (in thousands, except per share data):
 
  
Quarters Ended
 
  
March 31
  
June 30
  
September 30
  
December 31
 
  
(In thousands, except per share data)
 
2015
            
Total revenues
 
$
—
  
$
—
  
$
—
  
$
100
 
Net loss
 
$
(17,525
)
 
$
(11,687
)
 
$
(7,073
)
 
$
(22,302
)
Basic and diluted loss per share applicable to common stock
 
$
(0.31
)
 
$
(0.21
)
 
$
(0.11
)
 
$
(0.34
)
                 
2014
                
Total revenues
 
$
—
  
$
—
  
$
—
  
$
100
 
Net income (loss)
 
$
4,665
  
$
(15,719
)
 
$
(5,625
)
 
$
(13,439
)
Basic income (loss) per share applicable to common stock
 
$
0.09
  
$
(0.28
)
 
$
(0.10
)
 
$
(0.24
)
Diluted income (loss) per share applicable to common stock
 
$
0.08
  
$
(0.28
)
 
$
(0.10
)
 
$
(0.24
)