Liability Related to Sale of Future Royalties (Tables)

6 Months Ended

Dec. 31, 2015

Liabilitiy 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 six-month period ended December 31, 2015 (in thousands):

	Period from June 30, 2015 to December 31, 2015
Liability related to sale of future royalties — beginning balance	$	199,662
Non-cash Kadcyla royalty revenue	(11,975		)
Non-cash interest expense recognized	9,621
Liability related to sale of future royalties — ending balance	$	197,308