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Indirect Cash Flow (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Supplemental Cash Flow Elements [Abstract]        
Net income $ 491,597 $ 806,755 $ 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 assets 105,714 (243,762) 290,335 48,499
Amortization of intangible assets 0 5,733 5,670 11,404
Amortization of debt discount and issuance costs     10,683 9,583
(Gains)/losses on derivative financial instruments     (71,805) 4,464
Losses/(gains) on equity securities (8,024) (55,495) 28,138 (1,309)
Equity in earnings of equity method investees (737) (17,701) (1,134) (15,783)
Distributions from equity method investees     27,502 22,003
Share-based compensation     1,005 1,434
Interest income accretion     (16,942) (28,790)
Unrealized gains on available for sale debt securities $ (70,321) $ (14,015) (53,742) (23,130)
Other     2,657 2,049
Decrease/(increase) in operating assets:        
Cash collected on financial royalty assets     1,181,354 1,094,094
Accrued royalty receivable     35,254 (988)
Other royalty income receivable     (2,292) (4,683)
Other current assets and other assets     2,711 3,703
Increase/(decrease) in operating liabilities:        
Accounts payable and accrued expenses     6,555 (913)
Interest payable     (3,534) 758
Other liabilities     0 2,730
Net cash provided by operating activities     $ 1,035,222 $ 1,057,820