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Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenues $ 41,351,000 $ 40,336,000 $ 66,072,000 $ 74,546,000
Operating costs and expenses        
Inventor royalties 0 1,265,000 1,573,000 10,590,000
Contingent legal fees 10,418,000 5,512,000 14,527,000 10,296,000
Litigation and licensing expenses - patents 7,324,000 9,012,000 15,047,000 17,687,000
Amortization of patents 10,759,000 13,228,000 21,519,000 26,266,000
General and administrative expenses (including non-cash stock compensation expense of $1,475 and $3,210 for the three and six months ended June 30, 2016, respectively, and $3,177 and $6,424 for the three and six months ended June 30, 2015, respectively) 7,535,000 9,587,000 15,529,000 20,162,000
Research, consulting and other expenses - business development 1,334,000 732,000 1,856,000 1,729,000
Impairment of Intangible Assets (Excluding Goodwill) 40,165,000 0 40,165,000 0
Other expenses (1,242,000) 0 500,000 426,000
Total operating costs and expenses 76,293,000 39,336,000 110,716,000 87,156,000
Operating income (loss) (34,942,000) 1,000,000 (44,644,000) (12,610,000)
Total other income (expense) (52,000) (104,000) (55,000) 124,000
Income (loss) before provision for income taxes (34,994,000) 896,000 (44,699,000) (12,486,000)
Provision for income taxes (5,927,000) (119,000) (6,119,000) (289,000)
Income (loss) including noncontrolling interests in operating subsidiaries (40,921,000) 777,000 (50,818,000) (12,775,000)
Net (income) loss attributable to noncontrolling interests in operating subsidiaries 348,000 (4,463,000) 280,000 (4,041,000)
Net loss attributable to Acacia Research Corporation (40,573,000) (3,686,000) (50,538,000) (16,816,000)
Net loss available to common stockholders, basic $ (40,573,000) $ (3,896,000) $ (50,538,000) $ (17,241,000)
Earnings Per Share, Basic and Diluted $ (0.81) $ (0.08) $ (1.01) $ (0.35)
Weighted Average Number of Shares Outstanding, Basic and Diluted 50,015,869 49,423,472 49,970,709 49,318,423
Common Stock, Dividends, Per Share, Cash Paid $ 0.000 $ 0.125 $ 0.000 $ 0.250