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Other Long-Term Liabilities (Tables)
6 Months Ended
Jun. 30, 2017
Other Long-Term Liabilities  
Schedule of other long-term liabilities

 

 

 

June 30, 2017

 

December 31, 2016

 

 

 

(In thousands)

 

Deferred Rent

 

$

710

 

$

398

 

Net Deferred Tax Liabilities related to IPR&D

 

28,054

 

28,054

 

Deferred Income from Sale of Tax Benefits

 

8,940

 

9,436

 

Accrued Lease Restructuring

 

1,150

 

1,154

 

Long-Term Severance

 

181

 

539

 

Contingent Milestones

 

48,600

 

44,200

 

Deferred Revenue

 

3,729

 

3,749

 

 

 

 

 

 

 

Total

 

91,364

 

87,530

 

Less Current Portion

 

(5,538

)

(4,826

)

 

 

 

 

 

 

Long-Term Portion

 

$

85,826

 

$

82,704

 

 

 

 

 

 

 

 

 

 

Schedule of activity related to accrued lease restructuring

The activity related to accrued lease restructuring for the six months ended June 30, 2017 is presented below (in thousands):

 

 

 

Accrued Lease
Restructuring

 

Balance at December 31, 2016

 

$

1,154

 

Expense

 

267

 

Payments

 

(271

)

 

 

 

 

Balance at June 30, 2017

 

$

1,150