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DEFERRED REVENUE (Tables)
12 Months Ended
Dec. 31, 2013
DEFERRED REVENUE  
Schedule of deferred revenue

Deferred revenue consists of the following (in thousands):

 
  December 31,
2013
  December 31,
2012
 

Deferred revenue, current portion:

             

Deferred license revenue, current portion:

             

Valeant

  $ 1,598   $ 1,598  

Santarus

    1,443     1,444  

Janssen

        231  
           

Deferred license revenue, current portion

    3,041     3,273  
           

Deferred revenue, current portion

  $ 3,041   $ 3,273  
           

Deferred license revenue, non-current portion:

             

Valeant

    10,905     12,503  

Santarus

    1,570     3,013  
           

Deferred license revenue, non-current portion

    12,475     15,516  

Total deferred revenue

  $ 15,516   $ 18,789