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v3.10.0.1

Condensed Consolidated Statements of Cash Flows Statement - USD ($) | 9 Months Ended
--- | ---
Sep. 30, 2018 | Sep. 30, 2017
Cash flows from operating activities: |  |
Net income (loss) including noncontrolling interests in operating subsidiaries | $ (93,481,000) | $ 131,984,000
Adjustments to reconcile net loss including noncontrolling interests in operating subsidiaries to net cash provided by operating activities: |  |
Gain on Conversion of Loan and Accrued Interest | 0 | 2,671,000
Gain on exercise of Primary Warrant | 0 | (4,616,000)
Change in fair value of investment, net | 52,127,000 | (146,281,000)
Loss on Sale of Investments | (5,539,000) | 0
Depreciation and amortization | 15,582,000 | 16,780,000
Non-cash stock compensation | 172,000 | 13,068,000
Impairment of Intangible Assets (Excluding Goodwill) | 29,210,000 | 2,248,000
Other | (506,000) | (473,000)
Changes in assets and liabilities: |  |
Accounts receivable | (5,877,000) | 26,450,000
Prepaid expenses and other assets | (183,000) | (874,000)
Accounts payable and accrued expenses | 1,052,000 | (6,608,000)
Royalties and contingent legal fees payable | 3,864,000 | 5,916,000
Net cash provided by operating activities | 7,499,000 | 34,923,000
Cash flows from investing activities: |  |
Payments to Acquire Businesses, Net of Cash Acquired | 10,440,000 | 0
Payments to Acquire Other Investments | (7,000,000) | (31,514,000)
Advances to Investee | 0 | (4,000,000)
Purchase of available-for-sale investments | (65,883,000) | (424,945,000)
Maturities and sale of available-for-sale investments | 32,508,000 | 386,920,000
Net cash provided by (used in) investing activities | (29,935,000) | (73,539,000)
Cash flows from financing activities: |  |
Repurchase of common stock | (4,634,000) | 0
Repurchased Restricted Common Stock | 229,000 | 35,000
Proceeds from exercises of stock options | 257,000 | 680,000
Net cash used in financing activities | (4,606,000) | 645,000
Increase (decrease) in cash and cash equivalents | (27,042,000) | (37,971,000)
Cash and cash equivalents, beginning | 136,604,000 | 139,052,000
Cash and cash equivalents, ending | $ 109,562,000 | $ 101,081,000

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