Royalty Monetizations (Tables)

9 Months Ended

Sep. 30, 2022

Advance Royalties [Abstract]

Schedule of Royalty Financing Obligations

The following table shows the activity within the Royalty financing obligations account (in thousands) as well as the effective interest rate as of September 30, 2022:

	2020 RPI Royalty Agreement			2021 RPI Royalty Agreement			OMERS Royalty Agreement			Total
Balance as of December 31, 2021	$	147,224		$	153,377		$	148,774		$	449,375
Deferred financing costs	—			(34)			—			(34)
Non-cash Interest expense on Royalty financing obligations	10,165			6,327			3,157			19,649
Royalty revenues paid and payable	(4,385)			(380)			—			(4,765)
Balance as of March 31, 2022	$	153,004		$	159,290		$	151,931		$	464,225
Non-cash Interest expense on Royalty financing obligations	10,462			6,020			3,224			19,706
Royalty revenues paid and payable	(5,764)			(501)			—			(6,265)
Balance as of June 30, 2022	$	157,702		$	164,809		$	155,155		$	477,666
Non-cash Interest expense on Royalty financing obligations	9,938			4,903			3,619			18,460
Royalty revenues paid and payable	(5,837)			(508)			—			(6,345)
Balance as of September 30, 2022	$	161,802		$	169,204		$	158,774		$	489,781
Effective interest rate	23.1		%	11.0		%	10.6		%