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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 63,220 $ 127,540
Restricted cash 0 11,512
Short-term investments 55,052 19,443
Accounts receivable 14,245 26,750
Prepaid expenses and other current assets 4,116 3,245
Total current assets 136,633 188,490
Investments at fair value 49,817 0
Investment - equity method 2,400 0
Loan receivable and accrued interest 0 18,616
Investment warrants and shares 0 1,960
Patents, net 75,233 86,319
Other assets 407 618
Total assets 264,490 296,003
Current liabilities:    
Accounts payable and accrued expenses 9,239 14,283
Royalties and contingent legal fees payable 9,427 13,908
Total current liabilities 18,666 28,191
Other liabilities 577 369
Total liabilities 19,243 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; 50,597,449 and 50,476,042 shares issued and outstanding as of June 30, 2017 and December 31, 2016, respectively 51 50
Treasury stock, at cost, 1,729,408 shares as of June 30, 2017 and December 31, 2016 (34,640) (34,640)
Additional paid-in capital 646,627 642,453
Accumulated comprehensive loss (62) (76)
Accumulated deficit (368,280) (342,198)
Total Acacia Research Corporation stockholders' equity 243,696 265,589
Noncontrolling interests in operating subsidiaries 1,551 1,854
Total stockholders' equity 245,247 267,443
Total liabilities and stockholders' equity $ 264,490 $ 296,003