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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues      
Interest revenue $ 30,404 $ 36,202 $ 48,020
Product revenue, net 31,669 0 0
License and other (126) 723 575
Total revenues 244,301 590,448 581,225
Cost of Revenue 4,065 0 0
Operating expenses      
Amortization of intangible assets 12,028 0 0
General and administrative 39,790 36,090 34,914
Selling and marketing 538 0 0
Research and development 3,820 0 0
Change in fair value of anniversary payment and contingent consideration (3,716) 0 0
Asset Impairment Charges 3,735 0 0
Acquisition-related costs 3,564 0 0
Loss on extinguishment of notes receivable 51,075 3,979 0
Total operating expenses 114,899 40,069 34,914
Operating income 129,402 550,379 546,311
Non-operating expense, net      
Interest and other income, net 588 368 315
Interest expense (18,267) (27,059) (39,211)
Gain (loss) on extinguishment of debt (2,353) 6,450 (6,143)
Total non-operating expense, net (20,032) (20,241) (45,039)
Income before income taxes 109,370 530,138 501,272
Income tax expense 45,711 197,343 179,028
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 63,659 332,795 322,244
Net Income (Loss) Attributable to Noncontrolling Interest 53 0 0
Net income attributable to noncontrolling interests $ 63,606 $ 332,795 $ 322,244
Net income per share      
Basic (in Dollars per Share) $ 0.39 $ 2.04 $ 2.04
Diluted (in Dollars per Share) $ 0.39 $ 2.03 $ 1.86
Weighted average shares outstanding      
Basic (in Shares) 163,805 163,386 158,224
Diluted (in Shares) 164,192 163,554 173,110
Cash dividends declared per common share (in Dollars per Share) $ 0.10 $ 0.60 $ 0.60
Queen et al. patents [Member]      
Revenues      
Royalty Revenue $ 166,158 $ 485,156 $ 486,888
Acquired rights [Member]      
Revenues      
Royalty Revenue $ 16,196 $ 68,367 $ 45,742