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Liability Related to Sale of Future Royalties (Tables)
3 Months Ended
Sep. 30, 2015
Liabilities Related to Sale of Future Royalties  
Schedule of Liability account during the period from the inception of the royalty transaction

 

The following table shows the activity within the liability account during the three-month period ended September 30, 2015 (in thousands):

 

 

 

Period from
June 30, 2015 to
September 30,
2015

 

Liability related to sale of future royalties — beginning balance

 

$

199,662

 

Non-cash Kadcyla royalty revenue

 

(5,684

)

Non-cash interest expense recognized

 

4,851

 

 

 

 

 

Liability related to sale of future royalties — ending balance

 

$

198,829