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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Income Statement [Abstract]        
Revenues $ 17,400 $ 2,118 $ 23,203 $ 5,933
Patent portfolio operations:        
Inventor royalties 448 645 543 1,071
Contingent legal fees 4,356 12 5,450 246
Litigation and licensing expenses - patents 1,837 1,459 4,099 2,496
Amortization of patents 2,612 1,305 4,474 2,348
Other patent portfolio income 0 (74) 0 (308)
Patent portfolio expenses 9,253 3,347 14,566 5,853
Net patent portfolio income (loss) 8,147 (1,229) 8,637 80
General and administrative expenses 6,503 5,519 12,669 10,397
Operating income (loss) 1,644 (6,748) (4,032) (10,317)
Other income (expense):        
Change in fair value of investment, net 0 2,677 0 6,785
Gain (loss) on sale of investment 0 554 839 (2,762)
Change in fair value of the Series A and B warrants and embedded derivatives (5,576) (62,902) (204,485) (67,284)
Change in fair value of equity securities 11,158 85,078 49,007 78,961
Gain (loss) on sale of equity securities 14,617 (7,121) 15,436 (7,009)
Earnings on equity investment in joint venture 7 0 2,737 0
Loss on foreign currency exchange (152) (4,890) (176) (4,890)
Interest expense on Senior Secured Notes (1,760) (768) (3,070) (768)
Interest income and other 85 266 59 801
Total other income (expense) 18,379 12,894 (139,653) 3,834
Income (loss) before income taxes 20,023 6,146 (143,685) (6,483)
Income tax (expense) benefit (510) 2 (520) 1,340
Net income (loss) including noncontrolling interests in subsidiaries 19,513 6,148 (144,205) (5,143)
Net income attributable to noncontrolling interests in subsidiaries (6) 0 (906) 0
Net income (loss) attributable to Acacia Research Corporation $ 19,507 $ 6,148 $ (145,111) $ (5,143)
Net income (loss) attributable to common stockholders - basic $ 15,108 $ 4,201 $ (147,405) $ (7,105)
Basic net income (loss) per common share $ 0.31 $ 0.09 $ (3.03) $ (0.14)
Weighted average number of shares outstanding - basic 48,729,020 48,457,620 48,662,897 49,166,508
Net income (loss) attributable to common stockholders - diluted $ 18,792 $ 4,201 $ (147,405) $ (7,105)
Diluted net income (loss) per common share $ 0.23 $ 0.09 $ (3.03) $ (0.14)
Weighted average number of shares outstanding - diluted 83,086,980 49,033,824 48,662,897 49,166,508