XML 62 R52.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Indirect Cash Flow (Details) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Supplemental Cash Flow Elements [Abstract]    
Consolidated net (loss)/income $ (4,273) $ 509,089
Adjustments to reconcile consolidated net (loss)/income to net cash provided by operating activities:    
Income from financial royalty assets (541,546) (664,687)
Provision for changes in expected cash flows from financial royalty assets 583,600 118,804
Amortization of debt discount and issuance costs 4,349 5,324
Gains on derivative financial instruments 0 (7,090)
(Gains)/losses on equity securities (77,730) 10,818
Equity in losses/(earnings) of equity method investees 14,149 (34,606)
Distributions from equity method investees 13,396 16,267
Share-based compensation 612 573
Gains on available for sale debt securities (46,420) (32,300)
Other 3,047 3,147
Changes in operating assets and liabilities:    
Cash collected on financial royalty assets 744,949 1,151,635
Other royalty income receivable 178 (1,200)
Other current assets 13,028 275
Accounts payable and accrued expenses (3,614) (1,249)
Interest payable (39,087) (40,963)
Net cash provided by operating activities $ 664,638 $ 1,033,837