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Liability Related to Sale of Future Royalties (Tables)
6 Months Ended
Jun. 30, 2017
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 six-month period ended June 30, 2017 (in thousands):

 

 

 

 

 

 

 

 

 

Period from

 

 

 

 

December 31, 2016 to

 

 

 

    

June 30,  2017

 

 

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

 

$

184,328

 

 

Non-cash Kadcyla royalty revenue

 

 

(14,052)

 

 

Non-cash interest expense recognized

 

 

6,741

 

 

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

 

$

177,017