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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 95,847 $ 144,353
Marketable securities 115,331 91,126
Restricted cash 27,319 30,314
Prepaid expenses and other current assets 19,952 22,037
Total current assets 258,449 287,830
Restricted cash 1,705 4,590
Property and equipment, net 39,439 40,184
Intangible assets, net 9,161 9,225
Goodwill 51,941 51,673
Other non-current assets 809 799
Total assets 361,504 394,301
Current liabilities:    
Accounts payable 3,790 5,685
Accrued expenses 24,650 24,508
Accrued interest 2,031 5,078
Deferred revenue 24,679 30,079
Other current liabilities 1,348 1,056
Total current liabilities 56,498 66,406
Deferred revenue 2,500 2,500
Convertible notes payable 316,695 316,339
Other non-current liabilities 14,910 14,602
Total liabilities 390,603 399,847
Commitments and contingencies
Stockholders’ deficit:    
Preferred stock, $0.01 par value, 2,000,000 shares authorized; no shares issued and outstanding as of March 31, 2017 and December 31, 2016, respectively 0 0
Common stock, $0.01 par value, 600,000,000 shares authorized at March 31, 2017 and December 31, 2016; 283,069,349 shares issued and 282,613,919 shares outstanding at March 31, 2017 and 271,701,397 shares issued and 271,245,967 shares outstanding at December 31, 2016 2,831 2,717
Additional paid-in capital 956,299 935,997
Accumulated deficit (974,444) (929,996)
Treasury stock, 455,430 shares, cost basis at both March 31, 2017 and December 31, 2016 (2,450) (2,450)
Accumulated other comprehensive loss (11,335) (11,814)
Total stockholders’ deficit (29,099) (5,546)
Total liabilities and stockholders’ deficit $ 361,504 $ 394,301