XML 48 R34.htm IDEA: XBRL DOCUMENT v3.20.4

Leases - (Tables)

12 Months Ended

Dec. 31, 2020

Leases

Schedule of lease costs

The components of lease expense were as follows:

​

​	​	​	​	​	​	​
​	​	Year Ended December 31, 2020		​	Year Ended December 31, 2019
Operating Lease Cost	​	​	​	​	​
Fixed lease cost	​	$	12,368	​	$	4,929
Variable lease cost	​	​	2,448	​	​	694
Short-term lease cost	​	​	450	​	​	350
Total operating lease cost	​	$	15,266	​	$	5,973

​

Supplemental lease term and discount rate information related to leases was as follows:

​

​	​	​	​	​	​	​
​		December 31, 2020		​	December 31, 2019
Weighted-average remaining lease terms - operating leases (years)		11.49	​	​	3.38	​
Weighted-average discount rate - operating leases	​	8.86	%	​	7.33	%
Weighted-average remaining lease terms - finance lease (years)		12.00	​	​	—	​
Weighted-average discount rate - finance lease		7.80	%	​	—	%

Schedule of supplemental balance sheet information related to leases

Supplemental balance sheet information related to leases was as follows:

​

​	​	​	​	​	​	​
​	​	December 31, 2020		​	December 31, 2019
Operating lease ROU asset	​	$	84,410	​	$	13,693
​	​	​	​	​	​	​
Operating lease liabilities- current	​	$	7,465	​	$	5,153
Operating lease liabilities- noncurrent	​		79,499	​	​	9,018
Total operating lease liability	​	$	86,964	​	$	14,171

​

​

​	​	​	​	​	​	​
​	​	December 31, 2020			December 31, 2019
Finance lease liabilities- current	​	$	1,276	​	$	—
Finance lease liabilities- noncurrent	​		23,053	​		—
Total finance lease liability	​	$	24,329	​	$	—

Schedule of supplemental cash flow information related to leases

Supplemental cash flow information related to leases was as follows:

​

​	​	​	​	​	​	​
​	​	Year Ended December 31,
​	​	2020			2019
Cash paid for amounts included in the measurement of lease liabilities:	​	​		​	​
Operating cash flows from operating leases	​	$	8,462	​	$	4,466
Financing cash flows from finance lease	​	​	17,829	​	​	—
Operating cash flows from finance leases	​	​	171	​	​	—
​	​	​	​	​	​	​
Right-of-use assets obtained in exchange for lease obligations:	​			​
Operating leases	​	$	76,811	​	$	17,389
Finance lease	​	​	41,382	​	​	—

Schedule of future lease payments - Operating leases

Future minimum lease payments under non-cancelable leases as of December 31, 2020 were as follows:

​

​	​	​	​	​	​	​
​	​	Operating Leases			Finance Lease
2021	​	$	13,721	​	$	3,000
2022	​		13,301	​		3,000
2023	​		12,870	​		3,000
2024	​		12,171	​		3,000
2025 and thereafter	​		92,012	​		24,000
Total lease payments	​		144,075	​		36,000
Less: Imputed Interest expense	​		57,111	​		11,671
Total	​	$	86,964	​	$	24,329

Schedule of future lease payments - Finance leases

Future minimum lease payments under non-cancelable leases as of December 31, 2020 were as follows:

​

​	​	​	​	​	​	​
​	​	Operating Leases			Finance Lease
2021	​	$	13,721	​	$	3,000
2022	​		13,301	​		3,000
2023	​		12,870	​		3,000
2024	​		12,171	​		3,000
2025 and thereafter	​		92,012	​		24,000
Total lease payments	​		144,075	​		36,000
Less: Imputed Interest expense	​		57,111	​		11,671
Total	​	$	86,964	​	$	24,329

X

- Definition

Tabular disclosure of supplemental balance sheet information related to leases.

+ References

No definition available.

+ Details

Name:	ptct_LeaseBalanceSheetDisclosureTableTextBlock
Namespace Prefix:	ptct_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of supplemental cash flow information related to leases.

+ References

No definition available.

+ Details

Name:	ptct_LeaseSupplementalCashFlowDisclosureTableTextBlock
Namespace Prefix:	ptct_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=121609121&loc=SL77918701-209980

+ Details

Name:	us-gaap_FinanceLeaseLiabilityMaturityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=121609121&loc=SL77918686-209980

+ Details

Name:	us-gaap_LeaseCostTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_LeasesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=121609121&loc=SL77918701-209980

+ Details

Name:	us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration