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Revenues | 3 Months Ended
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Mar. 31, 2020
Revenues |
Revenues | 3. Revenues As discussed in Note 2, revenues are recognized under guidance within ASC 606 and ASC 808. The following table presents our disaggregated revenue for the periods presented (in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three Months Ended | ​
​ |  | March 31, |
​ | ​ | 2020 | ​ | 2019 | ​
JAKAFI revenues, net | ​ | $ | 459,479 | ​ | $ | 375,611 | ​
ICLUSIG revenues, net | ​ | ​ | 27,248 | ​ | ​ | 20,638 | ​
Total product revenues, net | ​ | ​ | 486,727 | ​ | ​ | 396,249 | ​
JAKAVI product royalty revenues | ​ | ​ | 56,333 | ​ | ​ | 45,571 | ​
OLUMIANT product royalty revenues | ​ | ​ | 25,447 | ​ | ​ | 16,037 | ​
Total product royalty revenues | ​ | ​ | 81,780 | ​ | ​ | 61,608 | ​
Milestone and contract revenues | ​ | ​ | — | ​ | ​ | 40,000 | ​
Total revenues | ​ | $ | 568,507 | ​ | $ | 497,857 | ​
​ For further information on our revenue-generating contracts, refer to Note 9 to the condensed consolidated financial statements.

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- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -URI http://asc.fasb.org/topic&trid=49130388 + Details
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