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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
Current Assets:    
Cash and cash equivalents $ 26,006 $ 20,751
Marketable securities 688 4,452
Trading securities 0 3,761
Prepaid expenses and other current assets 3,604 4,644
Total current assets 30,298 33,608
Property and equipment, net 1,357 1,513
Ownership interests in and advances to partner companies 110,432 134,691
Long-term restricted cash equivalents 0 6,336
Other assets 316 316
Total Assets 142,403 176,464
Current Liabilities:    
Accounts payable 255 155
Accrued compensation and benefits 3,687 3,321
Accrued expenses and other current liabilities 2,086 1,851
Convertible senior debentures - current 0 40,485
Total current liabilities 6,028 45,812
Credit facility 78,978 45,321
Credit facility repayment feature liability 2,979 0
Other long-term liabilities 3,197 3,535
Total Liabilities 91,182 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 June 30, 2018 and December 31, 2017 2,157 2,157
Additional paid-in capital 811,089 812,536
Treasury stock, at cost; 923 and 999 shares at June 30, 2018 and December 31, 2017, respectively (15,451) (17,308)
Accumulated deficit (746,542) (715,476)
Accumulated other comprehensive loss (32) (113)
Total Equity 51,221 81,796
Total Liabilities and Equity $ 142,403 $ 176,464