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Liability Related to Sale of Future Royalties (Tables)
3 Months Ended
Sep. 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 three-month period ended September 30, 2016 (in thousands):

 

 

 

 

 

 

 

 

Period from

 

 

 

June 30, 2016 to

 

 

 

September 30,

 

 

    

2016

 

Liability related to sale of future royalties, net — beginning balance

 

$

188,899

 

Non-cash Kadcyla royalty revenue

 

 

(6,184)

 

Non-cash interest expense recognized

 

 

4,847

 

Liability related to sale of future royalties, net  — ending balance

 

$

187,562