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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenue:        
Royalty revenue from a related party, net of amortization for capitalized fees paid to a related party of $3,456 and $3,455 for the three months ended September 30, 2016 and 2015 and $10,368 and $10,367 for the nine months ended September 30, 2016 and 2015 $ 33,088 $ 13,341 $ 89,294 $ 30,449
Revenue from collaborative arrangements from a related party, net 221 221 663 664
Total net revenue 33,309 13,562 89,957 31,113
Operating expenses:        
Research and development 286 547 1,048 1,897
General and administrative 5,105 4,581 17,582 14,929
Total operating expenses 5,391 5,128 18,630 16,826
Income from operations 27,918 8,434 71,327 14,287
Other income (expense), net 56 (45) 1,743 1,117
Interest income 162 90 411 291
Interest expense (13,103) (13,063) (39,416) (38,756)
Net income (loss) $ 15,033 $ (4,584) $ 34,065 $ (23,061)
Basic net income (loss) per share: $ 0.14 $ (0.04) $ 0.31 $ (0.20)
Diluted net income (loss) per share: $ 0.13 $ (0.04) $ 0.31 $ (0.20)
Shares used to compute basic and diluted net income (loss) per share:        
Shares used to compute basic net income (loss) per share 109,282 115,787 111,128 115,381
Shares used to compute diluted net income (loss) per share 121,993 115,787 111,583 115,381
Cash dividend declared per common share (in dollars per share) $ 0.00 $ 0.25 $ 0.00 $ 0.75