First Look Pictures bought the rights to Michael Douglas' dark comedy, King of California.

The film is from first-time screenwriter-director Mike Cahill, the show stars Douglas as a father who returns home after being released from a mental institution, much to the chagrin of his beleaguered 16-year-old daughter (Evan Rachel Wood). The Hollywood Reporter says she reluctantly embarks on one of her father's long string of crazy schemes: a plan to unearth gold buried by Spanish missionaries in California.

No release date has been set for King of California.