XML 53 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 148,909 $ 221,804
Short-term investments 171,216 89,475
Accounts receivable 16,781 9,843
Prepaid expenses and other current assets 8,455 3,441
Total current assets 345,361 324,563
Property and equipment, net of accumulated depreciation 607 339
Patents, net of accumulated amortization 303,489 313,529
Goodwill 30,149 30,149
Other assets 986 137
Total assets 680,592 668,717
Current liabilities:    
Accounts payable and accrued expenses / costs 15,592 9,485
Accrued patent acquisition related payments, current 6,508 0
Royalties and contingent legal fees payable 19,986 12,508
Total current liabilities 42,086 21,993
Deferred income taxes 17,279 27,831
Other liabilities 2,323 415
Total liabilities 61,688 50,239
Commitments and contingencies (Note 5)      
Stockholders' equity:    
Preferred stock, par value $0.001 per share; 10,000,000 shares authorized; no shares issued or outstanding 0 0
Common stock, par value $0.001 per share; 100,000,000 shares authorized; 49,883,234 and 49,160,844 shares issued and outstanding as of June 30, 2013 and December 31, 2012, respectively 50 49
Treasury stock, at cost, 1,129,408 shares as of June 30, 2013 and December 31, 2012 (26,731) (26,731)
Additional paid-in capital 651,346 644,982
Accumulated comprehensive income (loss) (658) (1,166)
Accumulated deficit (13,022) (5,632)
Total Acacia Research Corporation stockholders' equity 610,985 611,502
Noncontrolling interests in operating subsidiaries 7,919 6,976
Total stockholders' equity 618,904 618,478
Total liabilities and stockholders' equity $ 680,592 $ 668,717