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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 54,321 $ 127,540
Restricted cash 11,515 11,512
Short-term investments 90,927 19,443
Accounts receivable 7,781 26,750
Prepaid expenses and other current assets 5,138 3,245
Total current assets 169,682 188,490
Loan receivable and accrued interest 19,749 18,616
Investment warrants and shares 2,196 1,960
Property and equipment, net 94 127
Patents, net 80,804 86,319
Other assets 336 491
Total assets 272,861 296,003
Current liabilities:    
Accounts payable and accrued expenses 11,712 14,283
Royalties and contingent legal fees payable 3,078 13,908
Total current liabilities 14,790 28,191
Other liabilities 380 369
Total liabilities 15,170 28,560
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; 50,533,407 and 50,476,042 shares issued and outstanding as of March 31, 2017 and December 31, 2016, respectively 51 50
Treasury stock, at cost, 1,729,408 shares as of March 31, 2017 and December 31, 2016 (34,640) (34,640)
Additional paid-in capital 644,794 642,453
Accumulated comprehensive loss (49) (76)
Accumulated deficit (354,028) (342,198)
Total Acacia Research Corporation stockholders' equity 256,128 265,589
Noncontrolling interests in operating subsidiaries 1,563 1,854
Total stockholders' equity 257,691 267,443
Total liabilities and stockholders' equity $ 272,861 $ 296,003