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Financial Instruments and Concentration of Credit Risk - Assets and Liabilities Measured at Fair Value (Detail) (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Assets:        
Cash and cash equivalents $ 118,521 $ 307,384 $ 205,597 $ 209,478
Accounts receivable 4,590 3,960    
Contingent consideration 36,600      
Restricted cash   7,500    
Laser Earn-Out Payment [Member]
       
Assets:        
Accounts receivable 4,000 [1]      
Fair Value, Measurements, Recurring [Member] | Level 1 [Member]
       
Assets:        
Cash and cash equivalents 118,521 307,384    
Contingent consideration    [2]    [2]    
Total 118,521 314,884    
Restricted cash   7,500    
Fair Value, Measurements, Recurring [Member] | Level 1 [Member] | Laser Earn-Out Payment [Member]
       
Assets:        
Accounts receivable    [3]      
Fair Value, Measurements, Recurring [Member] | Level 2 [Member]
       
Assets:        
Cash and cash equivalents          
Contingent consideration    [2]    [2]    
Total          
Restricted cash         
Fair Value, Measurements, Recurring [Member] | Level 2 [Member] | Laser Earn-Out Payment [Member]
       
Assets:        
Accounts receivable    [3]      
Fair Value, Measurements, Recurring [Member] | Level 3 [Member]
       
Assets:        
Cash and cash equivalents          
Contingent consideration 36,582 [2] 76,409 [2]    
Total 40,582 76,409    
Restricted cash         
Fair Value, Measurements, Recurring [Member] | Level 3 [Member] | Laser Earn-Out Payment [Member]
       
Assets:        
Accounts receivable 4,000 [3]      
Carrying Value [Member] | Fair Value, Measurements, Recurring [Member]
       
Assets:        
Cash and cash equivalents 118,521 307,384    
Contingent consideration 36,582 [2] 76,409 [2]    
Total 159,103 391,293    
Restricted cash   7,500    
Carrying Value [Member] | Fair Value, Measurements, Recurring [Member] | Laser Earn-Out Payment [Member]
       
Assets:        
Accounts receivable $ 4,000 [3]      
[1] Accounts receivable relates to a milestone payment owing from Valeant related to the receipt of the premarket approval application ("PMA") supplement for the Qcellus laser from the U.S. Food and Drug Administration ("FDA") on September 26, 2013. Refer to Note 10 - Contingent Consideration and Note 12 - Discontinued Operations and Assets Held for Sale for more information.
[2] To estimate the fair value of contingent consideration we use a discounted cash flow model based on estimated timing and amount of future cash flows. As at December 31, 2013 and December 31, 2012, we discounted the future cash flows using cost of capital rates of 9% and 8%, respectively, for the contingent consideration related to Eligard. Cost of capital rates were selected based on available market and industry information. Future cash flows were estimated by utilizing external market research to estimate market size, to which we applied market share, pricing and foreign exchange assumptions based on historical sales data, expected competition and current exchange rates. If the discount rate were to increase by 1%, the contingent consideration related to the sale of QLT USA would decrease by $0.2 million, from $36.6 million to $36.4 million. If estimated future sales of Eligard were to decrease by 10%, the contingent consideration related to the sale of QLT USA would decrease by $0.3 million, from $36.6 million to $36.3 million.
[3] In 2013, the estimated $4.0 million fair value of the Laser Earn-Out Payment was reclassified from contingent consideration to accounts receivable. For the year ended December 31, 2012, the fair value of the Laser Earn-Out Payment was determined by discounting the expected future cash flows at a cost of capital rate of 3.5%. For additional discussion, refer to Note 10 - Contingent Consideration.