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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Current Assets:    
Cash and cash equivalents $ 102,732 $ 66,029
Cash held in escrow   6,434
Marketable securities 70,231 110,957
Restricted marketable securities 6 10
Prepaid expenses and other current assets 1,334 2,408
Total current assets 174,303 185,838
Property and equipment, net 164 193
Ownership interests in and advances to partner companies and funds (of which $19,363 and $20,972 are measured at fair value at June 30, 2013 and December 31, 2012, respectively) 143,100 148,639
Loan participations receivable 8,310 7,085
Available-for-sale securities 18 58
Long-term marketable securities 7,146 29,059
Other assets 3,077 3,272
Total Assets 336,118 374,144
Current Liabilities:    
Convertible senior debentures-current 470  
Accounts payable 203 610
Accrued compensation and benefits 3,634 4,050
Accrued expenses and other current liabilities 3,631 2,601
Total current liabilities 7,938 7,261
Other long-term liabilities 3,862 3,921
Convertible senior debentures-non-current 48,970 48,991
Total Liabilities 60,770 60,173
Commitments and contingencies      
Equity:    
Preferred stock, $0.10 par value; 1,000 shares authorized      
Common stock, $0.10 par value; 83,333 shares authorized; 20,977 and 20,968 shares issued and outstanding at June 30, 2013 and December 31, 2012, respectively 2,098 2,097
Additional paid-in capital 817,384 815,946
Accumulated deficit (544,134) (504,072)
Total Equity 275,348 313,971
Total Liabilities and Equity $ 336,118 $ 374,144