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CORRECTION OF IMMATERIAL ERROR (Tables)
12 Months Ended
Dec. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Accounting Standards Update
As of and for the Year Ended December 31, 2020
As Previously ReportedAdjustmentsAs Adjusted
(In thousands, except per share data)
Balance Sheet:
Other non-current assets (excluding property, plant and equipment)$4,718 $(4,213)$505 
Total assets515,520 (4,213)511,307 
Accumulated deficit(326,708)(4,213)(330,921)
Total stockholders' equity292,529 (4,213)288,316 
Statement of Operations:
Interest expense on Senior Secured Notes$(5,923)$(4,213)$(10,136)
Total other income131,803 (4,213)127,590 
Net income attributable to Acacia Research Corporation113,444 (4,213)109,231 
Income per share:
Basic net income per common share$1.85 $(0.07)$1.78 
Diluted net income per common share$1.54 $(0.06)$1.48 
Statement of Cash Flows:
Net income including noncontrolling interests in subsidiaries$113,444 $(4,213)$109,231 
Amortization of debt discount and issuance costs2,838 4,213 7,051 
Net cash used in operating activities(19,620)— (19,620)
As of and for the Three Months Ended March 31, 2021
As Previously ReportedAdjustmentsAs Adjusted
(Unaudited and in thousands, except per share data)
Balance Sheet:
Other non-current assets$4,834 $(4,060)$774 
Total assets568,958 (4,060)564,898 
Accumulated deficit(491,326)(4,060)(495,386)
Total stockholders' equity128,148 (4,060)124,088 
Statement of Operations:
Interest expense on Senior Secured Notes$(1,310)$153 $(1,157)
Total other expense(158,032)153 (157,879)
Net loss attributable to Acacia Research Corporation(164,618)153 (164,465)
Loss per share:
Basic and diluted net loss per common share$(2.81)$— $(2.81)
Statement of Cash Flows:
Net loss including noncontrolling interests in subsidiaries$(163,718)$153 $(163,565)
Amortization of debt discount and issuance costs702 (153)549 
Net cash used in operating activities(6,120)— (6,120)
As of and for the Six Months Ended June 30, 2021
As Previously ReportedAdjustmentsAs Adjusted
(Unaudited and in thousands, except per share data)
Balance Sheet:
Other non-current assets$4,653 $(3,907)$746 
Total assets627,732 (3,907)623,825 
Accumulated deficit(471,819)(3,907)(475,726)
Total stockholders' equity147,103 (3,907)143,196 
Statement of Operations:
Interest expense on Senior Secured Notes$(3,070)$306 $(2,764)
Total other expense(139,653)306 (139,347)
Net loss attributable to Acacia Research Corporation(145,111)306 (144,805)
Loss per share:
Basic and diluted net loss per common share$(3.03)$0.01 $(3.02)
Statement of Cash Flows:
Net loss including noncontrolling interests in subsidiaries$(144,205)$306 $(143,899)
Amortization of debt discount and issuance costs128 (306)(178)
Net cash used in operating activities(6,197)— (6,197)
As of and for the Nine Months Ended
September 30, 2021
As Previously ReportedAdjustmentsAs Adjusted
(Unaudited and in thousands, except per share data)
Balance Sheet:
Other non-current assets$4,482 $(3,754)$728 
Total assets749,834 (3,754)746,080 
Accumulated deficit(382,215)(3,754)(385,969)
Total stockholders' equity235,862 (3,754)232,108 
Statement of Operations:
Interest expense on Senior Secured Notes$(5,601)$459 $(5,142)
Total other expense(37,316)459 (36,857)
Net loss attributable to Acacia Research Corporation(55,507)459 (55,048)
Loss per share:
Basic and diluted net loss per common share$(1.21)$0.01 $(1.20)
Statement of Cash Flows:
Net loss including noncontrolling interests in subsidiaries$(54,601)$459 $(54,142)
Amortization of debt discount and issuance costs460 (459)
Net cash used in operating activities(7,602)— (7,602)