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Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 126,685 $ 221,804
Short-term investments 130,017 89,475
Accounts receivable 6,341 9,843
Deferred income tax 3,139 1,014
Prepaid expenses and other current assets 7,546 2,427
Total current assets 273,728 324,563
Property and equipment, net of accumulated depreciation and amortization 766 339
Patents, net of accumulated amortization 288,432 313,529
Goodwill 30,149 30,149
Other assets 318 137
Total assets 593,393 668,717
Current liabilities:    
Accounts payable and accrued expenses 11,555 9,235
Accrued patent acquisition costs 4,000 250
Royalties and contingent legal fees payable 10,447 12,508
Total current liabilities 26,002 21,993
Deferred income taxes 4,874 27,831
Other liabilities 319 415
Total liabilities 31,195 50,239
Commitments and contingencies (Note 12)      
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; 49,385,057 shares issued and outstanding as of December 31, 2013 and 49,160,844 shares issued and outstanding as of December 31, 2012 49 49
Treasury stock, at cost, 1,729,408 shares as of December 31, 2013 and 1,129,408 shares as of December 31, 2012 (34,640) (26,731)
Additional paid-in capital 653,314 644,982
Accumulated comprehensive loss (947) (1,166)
Accumulated deficit (62,066) (5,632)
Total Acacia Research Corporation stockholders’ equity 555,710 611,502
Noncontrolling interests in operating subsidiaries 6,488 6,976
Total stockholders’ equity 562,198 618,478
Total liabilities and stockholders' equity $ 593,393 $ 668,717