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v3.22.0.1

Summary of Significant Accounting Policies (Details) $ in Thousands | 12 Months Ended |  |  |
--- | --- | --- | --- | ---
Dec. 31, 2021 USD ($) segment | Dec. 31, 2020 USD ($) | Dec. 31, 2019 USD ($) | Jun. 30, 2020 partnership | Feb. 29, 2020 | Dec. 31, 2018 USD ($)
New Accounting Pronouncements or Change in Accounting Principle [Line Items] |  |  |  |  |  |
Number of noncontrolling interests created | partnership |  |  |  | 2 |  |
Marketable securities | $ 581,872 | $ 983,279 |  |  |  |
Cash and cash equivalents | (1,541,048) | (1,008,680) |  |  |  |
Purchases of available for sale debt securities | 1,196,579 | 1,705,283 | $ 817,402 |  |  |
Proceeds from sales and maturities of marketable securities | 1,597,851 | 815,440 | 725,070 |  |  |
Net cash flow from investing | $ (1,870,280) | (2,759,320) | (2,153,625) |  |  |
Number of operating segments | segment | 1 |  |  |  |  |
Cumulative adjustment | $ 10,248,545 | 9,895,815 | 6,141,438 |  |  | $ 4,552,079
Revision of Prior Period, Reclassification, Adjustment |  |  |  |  |  |
New Accounting Pronouncements or Change in Accounting Principle [Line Items] |  |  |  |  |  |
Marketable securities |  |  | 37,500 |  |  |
Cash and cash equivalents |  |  | 37,500 |  |  |
Purchases of available for sale debt securities |  |  | 388,000 |  |  |
Proceeds from sales and maturities of marketable securities |  |  | 350,500 |  |  |
Net cash flow from investing |  |  | 37,500 |  |  |
Cumulative Effect, Period of Adoption, Adjustment |  |  |  |  |  |
New Accounting Pronouncements or Change in Accounting Principle [Line Items] |  |  |  |  |  |
Cumulative adjustment |  |  | (192,705) |  |  |
Retained Earnings |  |  |  |  |  |
New Accounting Pronouncements or Change in Accounting Principle [Line Items] |  |  |  |  |  |
Cumulative adjustment | 2,255,179 | 1,920,635 | 2,825,212 |  |  | 1,215,953
Retained Earnings | Cumulative Effect, Period of Adoption, Adjustment |  |  |  |  |  |
New Accounting Pronouncements or Change in Accounting Principle [Line Items] |  |  |  |  |  |
Cumulative adjustment |  |  | (192,705) |  |  |
Non-Controlling Interest |  |  |  |  |  |
New Accounting Pronouncements or Change in Accounting Principle [Line Items] |  |  |  |  |  |
Cumulative adjustment | $ 4,471,951 | $ 5,077,036 | 35,883 |  |  | $ 63,865
Non-Controlling Interest | RP Holdings |  |  |  |  |  |
New Accounting Pronouncements or Change in Accounting Principle [Line Items] |  |  |  |  |  |
Noncontrolling interest (percentage) | 71.00% | 64.00% |  |  |  |
Customer Concentration Risk | Current portion of Financial royalty assets | Vertex |  |  |  |  |  |
New Accounting Pronouncements or Change in Accounting Principle [Line Items] |  |  |  |  |  |
Concentration risk (as a percent) | 32.00% | 27.00% |  |  |  |
Legacy Investors Partnerships | Old RPI |  |  |  |  |  |
New Accounting Pronouncements or Change in Accounting Principle [Line Items] |  |  |  |  |  |
Noncontrolling interest (percentage) |  |  |  |  | 18.00% |
Legacy Investors Partnerships | Non-Controlling Interest |  |  |  |  |  |
New Accounting Pronouncements or Change in Accounting Principle [Line Items] |  |  |  |  |  |
Cumulative adjustment | $ 1,809,269 | $ 1,939,509 | 0 |  |  |
Continuing Investors Partnerships | Non-Controlling Interest |  |  |  |  |  |
New Accounting Pronouncements or Change in Accounting Principle [Line Items] |  |  |  |  |  |
Cumulative adjustment | $ 2,649,154 | $ 3,125,091 | $ 0 |  |  |
Continuing Investors Partnerships | Non-Controlling Interest | RP Holdings |  |  |  |  |  |
New Accounting Pronouncements or Change in Accounting Principle [Line Items] |  |  |  |  |  |
Noncontrolling interest (percentage) | 29.00% | 36.00% |  |  |  |

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