XML 57 R42.htm IDEA: XBRL DOCUMENT 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%