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Condensed Consolidated Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenues $ 16,457,000 $ 41,351,000 $ 25,311,000 $ 66,072,000
Operating costs and expenses        
Inventor royalties 4,273,000 0 4,939,000 1,573,000
Contingent legal fees 3,236,000 10,418,000 3,863,000 14,527,000
Litigation and licensing expenses - patents 4,134,000 7,324,000 10,520,000 15,047,000
Amortization of patents 5,571,000 10,759,000 11,086,000 21,519,000
General and administrative expenses (including non-cash stock compensation expense of $1,487 and $3,615 for the three and six months ended June 30, 2017 and $1,475 and $3,210 for the three and six months ended June 30, 2016, respectively) 6,734,000 7,535,000 13,650,000 15,529,000
Research, consulting and other expenses - business development 433,000 1,334,000 753,000 1,856,000
Impairment of patent-related intangible assets 0 40,165,000 0 40,165,000
Other expenses 0 (1,242,000) 0 500,000
Total operating costs and expenses 24,381,000 76,293,000 44,811,000 110,716,000
Operating loss (7,924,000) (34,942,000) (19,500,000) (44,644,000)
Gain on Conversion of Loan and Accrued Interest 2,671,000 0 2,671,000 0
Gain on exercise of warrant 4,616,000 0 4,616,000 0
Unrealized Gain (Loss) on Investments (12,698,000) 0 (12,698,000) 0
Income (Loss) from Equity Method Investments (14,000) 0 (14,000) 0
Interest Income, Other 580,000 10,000 1,298,000 19,000
Other Nonoperating Income (Expense) (17,000) (62,000) (39,000) (74,000)
Total other income (expense) (4,862,000) (52,000) (4,166,000) (55,000)
Loss before provision for income taxes (12,786,000) (34,994,000) (23,666,000) (44,699,000)
Provision for income taxes (1,478,000) (5,927,000) (2,719,000) (6,119,000)
Loss including noncontrolling interests in operating subsidiaries (14,264,000) (40,921,000) (26,385,000) (50,818,000)
Net loss attributable to noncontrolling interests in operating subsidiaries 12,000 348,000 303,000 280,000
Net loss attributable to Acacia Research Corporation $ (14,252,000) $ (40,573,000) $ (26,082,000) $ (50,538,000)
Earnings Per Share, Basic and Diluted $ (0.28) $ (0.81) $ (0.52) $ (1.01)
Weighted Average Number of Shares Outstanding, Basic and Diluted 50,499,248 50,015,869    
Weighted Average Number of Shares Outstanding, Basic 50,499,248 50,015,869 50,416,611 49,970,709