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Liability Related to Sale of Future Royalties (Tables)
9 Months Ended
Sep. 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 nine-month period ended September 30, 2017 (in thousands):

 

 

 

 

 

 

 

 

 

Period from

 

 

 

 

December 31, 2016 to

 

 

 

    

September 30,  2017

 

 

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

 

$

184,328

 

 

Non-cash Kadcyla royalty revenue

 

 

(20,555)

 

 

Non-cash interest expense recognized

 

 

10,010

 

 

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

 

$

173,783