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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 115,854 [1],[2] $ 218,883 [3]
Short-term restricted cash [1] 105,938 0
Short-term investments 0 [1] 1,469 [3]
Receivables from licensees and other 2,881 [1] 0 [3]
Deferred tax assets 0 [1] 981 [3]
Notes receivable 95,359 [1] 58,398 [3]
Prepaid and other current assets 673 [1] 2,979 [3]
Total current assets 320,705 [1] 282,710 [3]
Property and equipment, net 18 [1] 31 [3]
Investments-other 75,000 0
Royalty rights 339,338 [1] 399,204 [3]
Notes and other receivables, long-term 276,823 [1] 306,507 [3]
Long-term deferred tax assets 25,707 [1] 16,172 [3]
Other assets 11,600 [1] 7,581 [3]
Total assets 1,049,191 [1] 1,012,205 [3]
Current liabilities:    
Accounts payable 1,073 [1] 394 [3]
Accrued liabilities 11,738 [1] 8,009 [3]
Accrued Income Taxes, Current 9,793 [1] 3,372 [3]
Term loan payable [1] 0 24,966
Total current liabilities 22,604 [1] 36,741 [3]
Convertible notes payable 232,847 [1] 228,862 [3]
Other long-term liabilities 55,088 [1] 50,650 [3]
Total liabilities 310,539 [1] 316,253 [3]
Commitments and contingencies (Note 8) [1] [3]
Stockholders' deficit:    
Preferred stock, par value $0.01 per share, 10,000 shares authorized; no shares issued and outstanding 0 [1] 0 [3]
Common stock, par value $0.01 per share, 350,000 shares authorized; 165,541 and 164,287 shares issued and outstanding at June 30, 2016 and December 31, 2015, respectively 1,655 [1] 1,643 [3]
Additional paid-in capital (116,542) [1] (117,983) [3]
Accumulated other comprehensive income 0 [1] 2,256 [3]
Retained earnings 853,539 [1] 810,036 [3]
Total stockholders' equity 738,652 [1] 695,952 [3]
Total liabilities and stockholders' equity $ 1,049,191 [1] $ 1,012,205 [3]
[1] unaudited
[2] unaudited
[3] Note 1