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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Current Assets:    
Cash and cash equivalents $ 7,703 $ 20,751
Restricted cash 500 0
Marketable securities 37,955 4,452
Trading securities 0 3,761
Prepaid expenses and other current assets 2,669 4,644
Total current assets 48,827 33,608
Property and equipment, net 808 1,513
Ownership interests in and advances to partner companies 95,585 134,691
Long-term restricted cash equivalents 0 6,336
Other assets 517 316
Total Assets 145,737 176,464
Current Liabilities:    
Accounts payable 165 155
Accrued compensation and benefits 3,433 3,321
Accrued expenses and other current liabilities 2,182 1,851
Credit facility - current 22,100 0
Credit facility repayment feature 5,060 0
Convertible senior debentures 0 40,485
Total current liabilities 32,940 45,812
Other long-term liabilities 2,804 3,535
Credit facility - non-current 43,014 45,321
Total Liabilities 78,758 94,668
Commitments and contingencies (Note 12)
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 issued at December 31, 2018 and 2017, respectively 2,157 2,157
Additional paid-in capital 810,928 812,536
Treasury stock, at cost; 914 and 999 shares at December 31, 2018 and 2017, respectively (15,001) (17,308)
Accumulated deficit (731,105) (715,476)
Accumulated other comprehensive loss 0 (113)
Total Equity 66,979 81,796
Total Liabilities and Equity $ 145,737 $ 176,464