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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Income Statement [Abstract]        
Revenues $ 1,711 $ 13,725 $ 10,558 $ 82,303
Portfolio operations:        
Inventor royalties 776 1,181 4,752 24,166
Contingent legal fees 35 2,949 587 19,745
Patent acquisition expenses 0 0 0 4,000
Litigation and licensing expenses - patents 987 1,549 6,643 7,177
Amortization of patents 863 4,952 2,337 15,560
Other portfolio expenses (475) 2,202 175 2,202
Total portfolio expenses 2,186 12,833 14,494 72,850
Net portfolio income (loss) (475) 892 (3,936) 9,453
General and administrative expenses 4,670 5,855 12,175 16,072
Impairment of patent-related intangible assets 0 0 0 28,210
Operating loss (5,145) (4,963) (16,111) (34,829)
Other income (expense):        
Change in fair value of investment, net (Note 5) (4,266) (24,211) 9,622 (53,961)
Loss on sale of investment (Note 5) (915) (3,705) (8,147) (3,705)
Impairment of other investment 0 0 (8,195) (1,000)
Gain on disposal of other investment 2,000 0 2,000 0
Interest income and other 718 321 3,391 796
Total other expense (2,463) (27,595) (1,329) (57,870)
Loss before provision for income taxes (7,608) (32,558) (17,440) (92,699)
Provision for income taxes 0 (306) (323) (782)
Net loss including noncontrolling interests in subsidiaries (7,608) (32,864) (17,763) (93,481)
Net (income) loss attributable to noncontrolling interests in subsidiaries 0 (331) 14 (179)
Net loss attributable to Acacia Research Corporation (7,608) (33,195) (17,749) (93,660)
Net loss attributable to common stockholders - basic and diluted $ (7,608) $ (33,195) $ (17,749) $ (93,660)
Basic and diluted net loss per common share $ (0.15) $ (0.67) $ (0.36) $ (1.87)
Weighted average number of shares outstanding - basic and diluted 49,828,361 49,557,748 49,727,385 50,080,234