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v2.4.1.9

Income Taxes (Details 1) (USD $) In Thousands, unless otherwise specified | Dec. 31, 2014 | Dec. 31, 2013
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Deferred assets: |  |
Net operating loss carryforwards | $ 193,747us-gaap_DeferredTaxAssetsOperatingLossCarryforwards | $ 196,421us-gaap_DeferredTaxAssetsOperatingLossCarryforwards
Research and AMT credit carryforwards | 28,288us-gaap_DeferredTaxAssetsTaxCreditCarryforwards | 30,092us-gaap_DeferredTaxAssetsTaxCreditCarryforwards
Fixed assets and intangibles | 13,237lgnd_DeferredTaxAssetsPropertyPlantAndEquipmentAndIntangibleAssets | 17,293lgnd_DeferredTaxAssetsPropertyPlantAndEquipmentAndIntangibleAssets
Accrued expenses | 1,579us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities | 1,474us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
Contingent liabilities | 579us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsContingencies | 582us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsContingencies
Deferred revenue | 771us-gaap_DeferredTaxAssetsDeferredIncome | 760us-gaap_DeferredTaxAssetsDeferredIncome
Present value of royalties | 11,686lgnd_DeferredTaxAssetsPresentValueOfRoyalties | 12,175lgnd_DeferredTaxAssetsPresentValueOfRoyalties
Organon termination asset | (111)lgnd_DeferredTaxAssetsTerminationAsset | (4,073)lgnd_DeferredTaxAssetsTerminationAsset
Organon termination liability | 111lgnd_DeferredTaxAssetsTerminationLiability | 4,073lgnd_DeferredTaxAssetsTerminationLiability
Royalty obligation | 0lgnd_DeferredTaxAssetsRoyaltyObligation | 0lgnd_DeferredTaxAssetsRoyaltyObligation
Deferred rent | 730us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsDeferredRent | 1,634us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsDeferredRent
Lease termination costs | 0lgnd_DeferredTaxAssetsLeaseTerminationCosts | 0lgnd_DeferredTaxAssetsLeaseTerminationCosts
Capital loss carryforwards | 0us-gaap_DeferredTaxAssetsCapitalLossCarryforwards | 148us-gaap_DeferredTaxAssetsCapitalLossCarryforwards
Other | 5,780us-gaap_DeferredTaxAssetsOther | 3,701us-gaap_DeferredTaxAssetsOther
Deferred tax assets | 256,397us-gaap_DeferredTaxAssetsGross | 264,280us-gaap_DeferredTaxAssetsGross
Valuation allowance for deferred tax assets | (240,420)us-gaap_DeferredTaxAssetsValuationAllowance | (249,470)us-gaap_DeferredTaxAssetsValuationAllowance
Net deferred tax assets | 15,977us-gaap_DeferredTaxAssetsNet | 14,810us-gaap_DeferredTaxAssetsNet
Deferred tax liabilities: |  |
Retrophin fair value adjustment | (1,396)lgnd_DeferredTaxLiabilitiesFairValueAdjustment | (859)lgnd_DeferredTaxLiabilitiesFairValueAdjustment
Convertible debt | (1,436)us-gaap_DeferredTaxLiabilitiesFinancingArrangements | 0us-gaap_DeferredTaxLiabilitiesFinancingArrangements
Identified intangibles | (13,146)lgnd_DeferredTaxLiabilitesFiniteLivedIntangibleAssets | (13,984)lgnd_DeferredTaxLiabilitesFiniteLivedIntangibleAssets
Identified indefinite lived intangibles | (3,048)lgnd_DeferredTaxLiabilitesIndefiniteLivedIntangibleAssets | (2,639)lgnd_DeferredTaxLiabilitesIndefiniteLivedIntangibleAssets
Total | $ (3,049)us-gaap_DeferredTaxLiabilities | $ (2,672)us-gaap_DeferredTaxLiabilities

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