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Fair Value of Financial Instruments (Tables)
9 Months Ended
Sep. 30, 2019
Fair Value Disclosures [Abstract]  
Fair Value of Financial Instruments The following tables set forth the fair value of the Company’s financial instruments (in millions):

 

 

September 30, 2019

 

 

 

Carrying Value

 

 

Significant

Unobservable

Inputs (Level 3)

 

 

Fair Value

 

Financial liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

June 2020 Note

 

 

2.5

 

 

 

2.1

 

 

 

2.1

 

December 2020 Note

 

 

2.4

 

 

 

1.9

 

 

 

1.9

 

Senior convertible notes

 

 

5.0

 

 

 

3.3

 

 

 

3.3

 

Mann Group Notes

 

 

70.0

 

 

 

42.0

 

 

 

42.0

 

MidCap Credit Facility

 

 

38.8

 

 

 

38.1

 

 

 

38.1

 

Milestone rights

 

 

8.9

 

 

 

19.4

 

 

 

19.4

 

Total financial liabilities

 

$

127.6

 

 

$

106.8

 

 

$

106.8

 

 

 

 

December 31, 2018

 

 

 

Carrying Value

 

 

Significant

Unobservable

Inputs (Level 3)

 

 

Fair Value

 

Financial liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

Deerfield Credit Facility

 

$

11.3

 

 

$

11.4

 

 

$

11.4

 

Senior convertible notes

 

 

19.1

 

 

 

17.5

 

 

 

17.5

 

Mann Group Notes

 

 

72.1

 

 

 

55.0

 

 

 

55.0

 

Milestone rights

 

 

8.9

 

 

 

18.1

 

 

 

18.1

 

Total financial liabilities

 

$

111.4

 

 

$

102.0

 

 

$

102.0