Annual report pursuant to Section 13 and 15(d)

Income Taxes (Details 1)

v3.6.0.2
Income Taxes (Details 1) - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Deferred assets:    
Net operating loss carryforwards $ 150,226 $ 160,595
Research credit carryforwards 26,878 25,613
Fixed assets and intangibles 4,385 8,839
Accrued expenses 943 1,523
Contingent liabilities 578 707
Deferred revenue 0 3
Present value of royalties 591 3,007
Deferred rent 45 68
Capital Loss Carryforward 4,432 0
Viking Equity Method Investment 5,692 1,840
Other 19,312 15,441
Deferred tax assets 213,082 217,636
Valuation allowance for deferred tax assets (15,349) (9,066)
Net deferred tax assets 197,733 208,570
Deferred tax liabilities:    
Retrophin fair value adjustment (52) (1,256)
Convertible debt (1,196) (1,844)
Identified intangibles (68,631) (12,770)
Identified indefinite lived intangibles (3,963) (3,617)
Total $ 123,891 $ 189,083