XML 46 R26.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Fair Value Measurements (Details) (USD $) | 3 Months Ended | 9 Months Ended | 12 Months Ended
--- | --- | --- | ---
Sep. 30, 2012 | Sep. 30, 2011 | Sep. 30, 2012 | Sep. 30, 2011 | Dec. 31, 2011
Contingent Warrant Liabilities [Member] |  |  |  |  |  |  |  |
Fair Value Inputs, Liabilities, Quantitative Information [Line Items] |  |  |  |  |  |  |  |
Expected volatility (in hundredths) |  |  |  | 40.00% |  |  |  |
Risk free interest rate (in hundredths) |  |  |  |  |  |  | 0.40% |
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items] |  |  |  |  |  |  |  |
Balance, Beginning |  |  |  | $ 379,000 |  |  |  |
Initial fair value of warrants issued |  |  |  | 6,390,000 |  |  |  |
Reclassification of contingent warrant liability to equity upon exercise of warrants |  |  |  | (337,000) |  |  |  |
Net increase in fair value of contingent warrant liabilities upon revaluation |  |  |  | 25,747,000 |  |  |  |
Balance, Ending | 32,179,000 |  |  | 32,179,000 |  |  | 379,000 |
Net decrease in fair value of contingent warrant liabilities upon revaluation | 9,200,000 |  | 500,000 | 25,700,000 |  | 3,300,000 |  |
Contingent Warrant Liabilities [Member] | Minimum [Member] |  |  |  |  |  |  |  |
Fair Value Inputs, Liabilities, Quantitative Information [Line Items] |  |  |  |  |  |  |  |
Expected volatility (in hundredths) |  |  |  |  |  |  | 102.10% |
Risk free interest rate (in hundredths) |  |  |  | 0.30% |  |  |  |
Expected term |  |  |  | 2 years 2 months 12 days |  |  | 2 years 10 months 24 days |
Contingent Warrant Liabilities [Member] | Maximum [Member] |  |  |  |  |  |  |  |
Fair Value Inputs, Liabilities, Quantitative Information [Line Items] |  |  |  |  |  |  |  |
Expected volatility (in hundredths) |  |  |  |  |  |  | 103.20% |
Risk free interest rate (in hundredths) |  |  |  | 0.70% |  |  |  |
Expected term |  |  |  | 4 years 4 months 24 days |  |  | 3 years 1 month 6 days |
Recurring [Member] |  |  |  |  |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |  |  |  |  |
Money market funds | 30,841,000 | [1] |  | 30,841,000 | [1] |  | 27,222,000 | [1]
U.S. treasury securities | 16,999,000 |  |  | 16,999,000 |  |  |  |
Foreign exchange option | 481,000 |  |  | 481,000 |  |  | 1,202,000 |
Total Assets | 48,321,000 |  |  | 48,321,000 |  |  | 28,424,000 |
Contingent warrant liabilities | 32,179,000 |  |  | 32,179,000 |  |  | 379,000 |
Recurring [Member] | Level 1 [Member] |  |  |  |  |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |  |  |  |  |
Money market funds | 30,841,000 | [1] |  | 30,841,000 | [1] |  | 27,222,000 | [1]
U.S. treasury securities | 16,999,000 |  |  | 16,999,000 |  |  |  |
Foreign exchange option | 0 |  |  | 0 |  |  | 0 |
Total Assets | 47,840,000 |  |  | 47,840,000 |  |  | 27,222,000 |
Contingent warrant liabilities | 0 |  |  | 0 |  |  | 0 |
Recurring [Member] | Level 2 [Member] |  |  |  |  |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |  |  |  |  |
Money market funds | 0 | [1] |  | 0 | [1] |  | 0 | [1]
U.S. treasury securities | 0 |  |  | 0 |  |  |  |
Foreign exchange option | 481,000 |  |  | 481,000 |  |  | 1,202,000 |
Total Assets | 481,000 |  |  | 481,000 |  |  | 1,202,000 |
Contingent warrant liabilities | 0 |  |  | 0 |  |  | 0 |
Recurring [Member] | Level 3 [Member] |  |  |  |  |  |  |  |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] |  |  |  |  |  |  |  |
Money market funds | 0 | [1] |  | 0 | [1] |  | 0 | [1]
U.S. treasury securities | 0 |  |  | 0 |  |  |  |
Foreign exchange option | 0 |  |  | 0 |  |  | 0 |
Total Assets | 0 |  |  | 0 |  |  | 0 |
Contingent warrant liabilities | $ 32,179,000 |  |  | $ 32,179,000 |  |  | $ 379,000 |
[1] | Included in cash and cash equivalents

X
- Definition This element represents the aggregate of the assets reported on the balance sheet at period end measured at fair value by the entity. This element is intended to be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19207-110258 + Details
Name: | us-gaap_AssetsFairValueDisclosure
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Details
Name: | us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Period the instrument, asset or liability is expected to be outstanding, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueAssumptionsExpectedTerm
Namespace Prefix: | us-gaap_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Measure of dispersion, in percentage terms (for instance, the standard deviation or variance), for a given stock price. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueAssumptionsExpectedVolatilityRate
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Risk-free interest rate assumption used in valuing an instrument. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueAssumptionsRiskFreeInterestRate
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_FairValueInputsLiabilitiesQuantitativeInformationLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_FairValueLiabilitiesMeasuredOnRecurringBasisUnobservableInputReconciliationLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Transfers out of liabilities measured at fair value and categorized within Level 3 of the fair value hierarchy that have taken place during the period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(3) -URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationLiabilityTransfersOutOfLevel3
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Issues that have taken place during the period in relation to liabilities measured at fair value and categorized within Level 3 of the fair value hierarchy. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition This element represents a liability measured at fair value using significant unobservable inputs (Level 3) which is required for reconciliation purposes of beginning and ending balances. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item represents contracts related to the exchange of different currencies, including foreign currency options, forward (delivery or nondelivery) contracts, and swaps entered into and existing as of the balance sheet date. + References No definition available. + Details
Name: | us-gaap_ForeignCurrencyContractAssetFairValueDisclosure
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This element represents the fair value of liabilities categorized as other which are not in and of themselves material enough to require separate disclosure. + References No definition available. + Details
Name: | us-gaap_OtherLiabilitiesFairValueDisclosure
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The decrease in fair value of contingent warrant liabilities upon revaluation. + References No definition available. + Details
Name: | xoma_FairValueNetDecreaseInFairValueOfContingentWarrantLiabilitiesUponRevaluation
Namespace Prefix: | xoma_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The increase in fair value of contingent warrant liabilities upon revaluation. + References No definition available. + Details
Name: | xoma_FairValueNetIncreaseInFairValueOfContingentWarrantLiabilitiesUponRevaluation
Namespace Prefix: | xoma_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item includes money market funds included in cash and cash equivalents. + References No definition available. + Details
Name: | xoma_MoneyMarketFundsFairValueDisclosure
Namespace Prefix: | xoma_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item includes U.S. government securities included in cash and cash equivalents. + References No definition available. + Details
Name: | xoma_USGovernmentSecuritiesFairValueDisclosure
Namespace Prefix: | xoma_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant