Intangible Assets (Tables)

6 Months Ended

Jun. 30, 2017

Summary of Intangible Assets

The following is a summary of the Company’s intangible assets as of June 30, 2017:

			June 30, 2017
	Estimated		Gross				Net
	Useful Life		Carrying		Accumulated		Carrying
(in thousands)	(Years)		Amount		Amortization		Amount
HETLIOZ®		January 2033	$	33,000	$	6,067	$	26,933
Fanapt®		November 2016		27,941		27,941		—
			$	60,941	$	34,008	$	26,933

The following is a summary of the Company’s intangible assets as of December 31, 2016:

			December 31, 2016
	Estimated		Gross				Net
	Useful Life		Carrying		Accumulated		Carrying
(in thousands)	(Years)		Amount		Amortization		Amount
HETLIOZ®		January 2033	$	33,000	$	5,181	$	27,819
Fanapt®		November 2016		27,941		27,941		—
			$	60,941	$	33,122	$	27,819

Summary of Future Intangible Asset Amortization

The following is a summary of the future intangible asset amortization schedule as of June 30, 2017:

(in thousands)	Total		2017		2018		2019		2020		2021		Thereafter
HETLIOZ®	$	26,933	$	864	$	1,728	$	1,728	$	1,728	$	1,728	$	19,157