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Indirect Cash Flow (Tables)
 6 Months Ended
Jun. 30, 2022
Supplemental Cash Flow Elements [Abstract]  
Schedule of Cash Flow, Supplemental Disclosures
Adjustments to reconcile consolidated net income to net cash provided by operating activities are summarized below (in thousands):
For the Six Months Ended June 30,
20222021
Cash flow from operating activities:
Consolidated net income$619,680 $965,734 
Adjustments to reconcile consolidated net income to net cash provided by operating activities:
Income from financial royalty assets(1,026,873)(1,033,039)
Provision for changes in expected cash flows from financial royalty assets290,335 48,499 
Amortization of intangible assets5,670 11,404 
Amortization of debt discount and issuance costs10,683 9,583 
(Gains)/losses on derivative financial instruments(71,805)4,464 
Losses/(gains) on equity securities28,138 (1,309)
Equity in earnings of equity method investees(1,134)(15,783)
Distributions from equity method investees27,502 22,003 
Share-based compensation1,005 1,434 
Interest income accretion(16,942)(28,790)
Unrealized gains on available for sale debt securities(53,742)(23,130)
Other2,657 2,049 
Decrease/(increase) in operating assets:
Cash collected on financial royalty assets1,181,354 1,094,094 
Accrued royalty receivable35,254 (988)
Other royalty income receivable(2,292)(4,683)
Other current assets and other assets2,711 3,703 
Increase/(decrease) in operating liabilities:
Accounts payable and accrued expenses6,555 (913)
Interest payable(3,534)758 
Other current liabilities— 2,730 
Net cash provided by operating activities$1,035,222 $1,057,820