XML 14 R2.htm IDEA: XBRL DOCUMENT v3.4.0.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 145,329 $ 135,223
Restricted cash 11,523 10,725
Accounts receivable 25,175 33,500
Deferred income taxes 210 210
Prepaid expenses and other current assets 4,352 4,219
Total current assets 186,589 183,877
Property and equipment, net 231 272
Patents, net 151,882 162,642
Other assets 1,111 1,110
Total assets 339,813 347,901
Current liabilities:    
Accounts payable and accrued expenses 14,580 17,347
Accrued patent investment costs 0 1,000
Royalties and contingent legal fees payable 18,618 14,878
Total current liabilities 33,198 33,225
Deferred income taxes 210 210
Other liabilities 345 311
Total liabilities $ 33,753 $ 33,746
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; 50,458,905 and 50,651,239 shares issued and outstanding as of March 31, 2016 and December 31, 2015, respectively 50 51
Treasury stock, at cost, 1,729,408 shares as of March 31, 2016 and December 31, 2015 (34,640) (34,640)
Additional paid-in capital 634,882 633,146
Accumulated comprehensive loss (148) (215)
Accumulated deficit (298,096) (288,131)
Total Acacia Research Corporation stockholders' equity 302,048 310,211
Noncontrolling interests in operating subsidiaries 4,012 3,944
Total stockholders' equity 306,060 314,155
Total liabilities and stockholders' equity $ 339,813 $ 347,901