CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 105,446	$ 168,982
Accounts receivable, net	6,154	6,559
Notes receivable	52,598	52,583
Inventory	12,633	8,061
Assets held for sale (Note 2)	289,426	70,366
Prepaid and other current assets	29,291	7,344
Total current assets	495,548	313,895
Property and equipment, net	3,039	2,560
Notes receivable, long-term	636	827
Intangible assets, net	12,550	13,186
Long-term assets held for sale (Note 2)	0	377,491
Other assets	8,883	9,247
Total assets	520,656	717,206
Current liabilities:
Accounts payable	3,524	2,675
Accrued liabilities	14,498	11,923
Liabilities held for sale (Note 2)	18,213	31,095
Total current liabilities	36,235	45,693
Convertible notes payable	13,507	27,250
Liabilities held for sale, long-term (Note 2)	0	120
Other long-term liabilities	50,913	50,865
Total liabilities	100,655	123,928
Commitments and contingencies (Note 13)
Stockholders' deficit:
Preferred stock, par value $0.01 per share, 10,000 shares authorized; no shares issued and outstanding	0	0
Common stock, par value $0.01 per share, 350,000 shares authorized; 113,945 and 124,303 shares issued and outstanding at June 30, 2020 and December 31, 2019, respectively	1,139	1,243
Additional paid-in capital	(66,164)	(78,875)
Retained earnings	485,493	670,832
Total PDL’s stockholders’ equity	420,468	593,200
Noncontrolling interests	(467)	78
Total stockholders’ equity	420,001	593,278
Total liabilities and stockholders’ equity	$ 520,656	$ 717,206