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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current Assets:    
Cash and cash equivalents $ 31,294 $ 20,751
Marketable securities 3,044 4,452
Trading securities 0 3,761
Prepaid expenses and other current assets 2,856 4,644
Total current assets 37,194 33,608
Property and equipment, net 1,435 1,513
Ownership interests in and advances to partner companies 132,277 134,691
Long-term restricted cash equivalents 0 6,336
Other assets 316 316
Total Assets 171,222 176,464
Current Liabilities:    
Accounts payable 237 155
Accrued compensation and benefits 2,355 3,321
Accrued expenses and other current liabilities 2,889 1,851
Convertible senior debentures - current 40,829 40,485
Total current liabilities 46,310 45,812
Other long-term liabilities 3,341 3,535
Credit facility 45,736 45,321
Total Liabilities 95,387 94,668
Commitments and contingencies (Note 10)
Equity:    
Preferred stock, $0.10 par value; 1,000 shares authorized 0 0
Common stock, $0.10 par value; 83,333 shares authorized; 21,573 shares issued at March 31, 2018 and December 31, 2017 2,157 2,157
Additional paid-in capital 812,796 812,536
Treasury stock, at cost; 1,012 and 999 shares at March 31, 2018 and December 31, 2017, respectively (17,441) (17,308)
Accumulated deficit (721,646) (715,476)
Accumulated other comprehensive loss (31) (113)
Total Equity 75,835 81,796
Total Liabilities and Equity $ 171,222 $ 176,464