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INCOME/LOSS PER SHARE (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Numerator:        
Net income (loss) attributable to Acacia Research Corporation $ 89,604 $ 38,348 $ (55,507) $ 33,205
Dividend on Series A redeemable convertible preferred stock (262) (467) (785) (1,118)
Accretion of Series A redeemable convertible preferred stock (991) (733) (2,762) (2,045)
Undistributed earnings allocated to participating securities (15,367) (6,619) 0 (5,204)
Net income (loss) attributable to common stockholders - Basic 72,984 30,529 (59,054) 24,838
Add: Dividend on Series A redeemable convertible preferred stock 0 467 0 0
Add: Accretion of Series A redeemable convertible preferred stock 0 733 0 0
Less: Change in fair value of Series A redeemable convertible preferred stock embedded derivative 0 (3,831) 0 0
Less: Change in fair value of Series A warrants 63 (1,348) 0 (1,348)
Less: Change in fair value of dilutive Series B warrants (902) (5,557) (5,557)
Add: Interest expense associated with Starboard Notes, net of tax 1,536 1,889 1,889
Add: Undistributed earnings allocated to participating securities 15,367 6,619 0 5,204
Reallocation of undistributed earnings to participating securities (8,877) (296) 0 (3,645)
Net income (loss) attributable to common stockholders - Diluted $ 80,171 $ 29,205 $ (59,054) $ 21,381
Denominator:        
Weighted-average shares used in computing net income (loss) per share attributable to common stockholders - Basic 48,949,504 48,467,885 48,759,873 48,949,706
Potentially dilutive common shares:        
Potentially dilutive common shares 93,081,502 90,624,702 48,759,873 60,153,773
Weighted-average shares used in computing net income (loss) per share attributable to common stockholders - Diluted 93,081,502 90,624,702 48,759,873 60,153,773
Basic net income (loss) per common share $ 1.49 $ 0.63 $ (1.21) $ 0.51
Diluted net income (loss) per common share $ 0.86 $ 0.32 $ (1.21) $ 0.36
Anti-dilutive potential common shares excluded from the computation of diluted net income (loss) per common share:        
Antidilutive shares 398,168 68,684,463 107,230,624 68,803,234
Equity Based Incentive Awards [Member]        
Anti-dilutive potential common shares excluded from the computation of diluted net income (loss) per common share:        
Antidilutive shares 398,168 191,312 2,230,624 310,083
Series A Warrants [Member]        
Anti-dilutive potential common shares excluded from the computation of diluted net income (loss) per common share:        
Antidilutive shares 0 0 5,000,000 0
Series B Warrants [Member]        
Anti-dilutive potential common shares excluded from the computation of diluted net income (loss) per common share:        
Antidilutive shares 0 68,493,151 100,000,000 68,493,151
Series A Preferred Stock [Member]        
Potentially dilutive common shares:        
Potentially dilutive common shares 0 9,589,041 0 0
Restricted Stock Units [Member]        
Potentially dilutive common shares:        
Potentially dilutive common shares 798,356 728,936 0 598,328
Employee Stock Options [Member]        
Potentially dilutive common shares:        
Potentially dilutive common shares 35,815 21,624 0 0
Series A Warrants [Member]        
Potentially dilutive common shares:        
Potentially dilutive common shares 2,019,724 310,367 0 103,456
Series B Warrants [Member]        
Potentially dilutive common shares:        
Potentially dilutive common shares 41,278,103 31,506,849 0 10,502,283