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Financial Royalty Assets - Narrative (Details) - USD ($) $ in Thousands | 3 Months Ended |
--- | --- | ---
Mar. 31, 2026 | Mar. 31, 2025 | Dec. 31, 2025
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |
Total current and non-current financial royalty assets, net | $ 17,322,197 |  | $ 17,062,868
Non-cash impairment charges | 69,443 | $ 0 |
Unapproved Assets |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |
Financing receivable, unapproved financial assets held at cost | 1,400,000 |  |
Financial Royalty Asset, Fexalimab |  |  |
Accounts, Notes, Loans and Financing Receivable [Line Items] |  |  |
Total current and non-current financial royalty assets, net | $ 522,600 |  |

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