XML 36 R24.htm IDEA: XBRL DOCUMENT
v3.21.2

Leases - (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2021
Leases |
Schedule of lease costs | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Three Months Ended |  | Three Months Ended |  | Six Months Ended |  | Six Months Ended | ​
​ | ​ | ​ | June 30, 2021 | ​ | ​ | June 30, 2020 | ​ | ​ | June 30, 2021 | ​ | ​ | June 30, 2020 | ​
Operating Lease Cost |  | ​ |  | ​ | ​ |  | ​ | ​ |  | ​ | ​ |  | ​
Fixed lease cost | ​ | $ | 4,115 | ​ | $ | 1,970 | ​ | $ | 8,219 | ​ | $ | 4,089 | ​
Variable lease cost | ​ |  | 993 | ​ |  | 507 | ​ |  | 2,087 | ​ |  | 734 | ​
Short-term lease cost | ​ |  | 119 | ​ |  | 88 | ​ |  | 283 | ​ |  | 165 | ​
Total operating lease cost | ​ | $ | 5,227 | ​ | $ | 2,565 | ​ | $ | 10,589 | ​ | $ | 4,988 | ​
​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | June 30, 2021 |  | ​ | December 31, 2020 |
Weighted-average remaining lease terms - operating leases (years) |  | 11.19 | ​ | ​ | 11.49 | ​
Weighted-average discount rate - operating leases | ​ | 8.90 | % | ​ | 8.86 | %
Weighted-average remaining lease terms - finance lease (years) |  | 11.50 | ​ | ​ | 12.00 | ​
Weighted-average discount rate - finance lease |  | 7.80 | % | ​ | 7.80 | %
Schedule of supplemental balance sheet information related to leases | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | June 30, 2021 |  | December 31, 2020
Operating lease ROU asset | ​ | $ | 80,694 | ​ | $ | 84,410
​ | ​ | ​ | ​ | ​ | ​ | ​
Operating lease liabilities- current | ​ | $ | 7,335 | ​ | $ | 7,465
Operating lease liabilities- noncurrent | ​ |  | 76,425 | ​ |  | 79,499
Total operating lease liability | ​ | $ | 83,760 | ​ | $ | 86,964
​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | June 30, 2021 |  | December 31, 2020
Finance lease liabilities- current | ​ | $ | 2,121 | ​ | $ | 1,276
Finance lease liabilities- noncurrent | ​ |  | 20,053 | ​ |  | 23,053
Total finance lease liability | ​ | $ | 22,174 | ​ | $ | 24,329
Schedule of supplemental cash flow information related to leases | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Six Months Ended June 30,
​ |  | 2021 |  | 2020
Cash paid for amounts included in the measurement of lease liabilities: |  | ​ |  | ​ | ​ |
Operating cash flows from operating leases | ​ | $ | 6,816 | ​ | $ | 3,414
Financing cash flows from finance lease | ​ | ​ | 2,224 | ​ | ​ | 15,000
Operating cash flows from finance leases | ​ | ​ | 776 | ​ | ​ | —
​ | ​ | ​ | ​ | ​ | ​ | ​
Right-of-use assets obtained in exchange for lease obligations: | ​ |  |  | ​ |  |
Operating leases | ​ | $ | 13 | ​ | $ | 18,117
Finance lease | ​ | ​ | — | ​ | ​ | 41,212
Schedule of future lease payments - Operating leases | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Operating Leases |  | Finance Lease | ​
2021 (excludes the six months ended June 30, 2021) | ​ | $ | 6,892 | ​ | $ | — | ​
2022 | ​ |  | 13,314 | ​ |  | 3,000 | ​
2023 | ​ |  | 12,862 | ​ |  | 3,000 | ​
2024 | ​ |  | 12,161 | ​ |  | 3,000 | ​
2025 and thereafter | ​ |  | 92,003 | ​ |  | 24,000 | ​
Total lease payments | ​ |  | 137,232 | ​ |  | 33,000 | ​
Less: Imputed Interest expense | ​ |  | 53,472 | ​ |  | 10,826 | ​
Total | ​ | $ | 83,760 | ​ | $ | 22,174 | ​
​
Schedule of future lease payments - Finance leases | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Operating Leases |  | Finance Lease | ​
2021 (excludes the six months ended June 30, 2021) | ​ | $ | 6,892 | ​ | $ | — | ​
2022 | ​ |  | 13,314 | ​ |  | 3,000 | ​
2023 | ​ |  | 12,862 | ​ |  | 3,000 | ​
2024 | ​ |  | 12,161 | ​ |  | 3,000 | ​
2025 and thereafter | ​ |  | 92,003 | ​ |  | 24,000 | ​
Total lease payments | ​ |  | 137,232 | ​ |  | 33,000 | ​
Less: Imputed Interest expense | ​ |  | 53,472 | ​ |  | 10,826 | ​
Total | ​ | $ | 83,760 | ​ | $ | 22,174 | ​

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