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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 116,016 $ 135,223
Restricted cash 14,041 10,725
Short-term investments 30,326 0
Accounts receivable 53,700 33,500
Deferred income taxes 210 210
Prepaid expenses and other current assets 3,773 4,219
Total current assets 218,066 183,877
Long-term Investments and Receivables, Net 8,474 0
Investment at cost 1,720 0
Property and equipment, net 155 272
Patents, net 94,716 162,642
Other assets 365 1,110
Total assets 323,496 347,901
Current liabilities:    
Accounts payable and accrued expenses 22,688 17,347
Accrued patent investment costs 225 1,000
Royalties and contingent legal fees payable 25,009 14,878
Total current liabilities 47,922 33,225
Deferred income taxes 210 210
Other liabilities 362 311
Total liabilities 48,494 33,746
Commitments and contingencies (Note 6)
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; 50,460,880 and 50,651,239 shares issued and outstanding as of September 30, 2016 and December 31, 2015, respectively 50 51
Treasury stock, at cost, 1,729,408 shares as of September 30, 2016 and December 31, 2015 (34,640) (34,640)
Additional paid-in capital 639,118 633,146
Accumulated comprehensive loss (59) (215)
Accumulated deficit (331,587) (288,131)
Total Acacia Research Corporation stockholders' equity 272,882 310,211
Noncontrolling interests in operating subsidiaries 2,120 3,944
Total stockholders' equity 275,002 314,155
Total liabilities and stockholders' equity $ 323,496 $ 347,901