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Sale of Equity Interests in Theravance Respiratory Company, LLC and Discontinued Operations (Details)
$ in Thousands
3 Months Ended 9 Months Ended
Jul. 20, 2022
USD ($)
shares
Sep. 30, 2022
USD ($)
Sep. 30, 2022
USD ($)
Theravance Respiratory Company, LLC      
Future contingent milestone and royalty assets   $ 194,200 $ 194,200
Royalty Pharma | Disposed of by Sale | TRC      
Theravance Respiratory Company, LLC      
Net gain from sale of equity interests in TRC,LLC $ 1,141,100 $ 1,141,084 $ 1,141,084
Consideration received 1,301,600    
Proceeds from the sale of equity interest in TRC, LLC 1,107,400    
Equity method investments 136,700    
Future contingent milestone and royalty assets 194,200    
Transaction costs $ 23,800    
Royalty Pharma | Disposed of by Sale | TRC | Measurement Input, Discount Rate [Member]      
Theravance Respiratory Company, LLC      
Equity method investment, contingent consideration 0.0783    
Royalty Pharma | Purchase Agreement to Sell Units in Theravance Respiratory Company, LLC      
Theravance Respiratory Company, LLC      
Percentage of Right to Receive Royalty Transferring 85    
Proceeds from sale of units. $ 1,100,000    
Consideration Receivable at closing $ 250,000    
Royalty Pharma | Class B Units | Purchase Agreement to Sell Units in Theravance Respiratory Company, LLC      
Theravance Respiratory Company, LLC      
Units issued | shares 2,125    
Royalty Pharma | Class C Units | Purchase Agreement to Sell Units in Theravance Respiratory Company, LLC      
Theravance Respiratory Company, LLC      
Units issued | shares 6,375    
TRC      
Theravance Respiratory Company, LLC      
Consideration Receivable at closing $ 1,326,600