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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Revenues:    
Royalties $ 8,944 $ 9,564
Miscellaneous income 31 619
Total revenues 8,975 10,183
Operating expenses:    
Research and development - pipeline 0 1,579
General and administrative 508 2,949
Restructuring charges 0 2,505
Total operating expenses 508 7,033
Operating income 8,467 3,150
Other income (expense):    
Investment income, net 0 427
Interest expense 0 (1,274)
Other, net 109 220
Total other (expense) 109 (627)
Income before income tax expense 8,576 2,523
Income tax expense 55 133
Net income 8,521 2,390
Earnings per common share:    
Basic (in dollars per share) $ 0.19 $ 0.05
Diluted (in dollars per share) $ 0.19 $ 0.05
Weighted-average shares outstanding - basic (in shares) 44,092 43,693
Weighted-average shares outstanding - diluted (in shares) 44,253 61,118
Available-for-sale marketable securities:    
Unrealized holding gains arising during period 0 39
Reclassification adjustment for realized losses on sales included in net income 0 (281)
Total other comprehensive loss   (242)
Comprehensive income $ 8,521 $ 2,148