Liability Related to Sale of Future Royalties (Tables)

12 Months Ended

Jun. 30, 2016

Liability 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 year ended June 30, 2016 (in thousands):

		Year	Period from
		ended	inception to
		June 30,	June 30,
		2016	2016
Liability related to sale of future royalties — beginning balance	$	199,662	$	—
Proceeds from sale of future royalties		—		200,000
Non-cash Kadcyla royalty revenue		(25,299)		(30,783)
Non-cash interest expense recognized		19,009		24,155
Liability related to sale of future royalties — ending balance	$	193,372	$	193,372