XML 34 R23.htm IDEA: XBRL DOCUMENT v3.21.2

Leases - (Tables)

9 Months Ended

Sep. 30, 2021

Leases

Schedule of lease costs

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Three Months Ended

Three Months Ended

Nine Months Ended

Nine Months Ended

​

​

​

​

September 30, 2021

​

​

September 30, 2020

​

​

September 30, 2021

​

​

September 30, 2020

​

Operating Lease Cost

​

​

​

​

​

​

​

​

Fixed lease cost

​

$

4,059

​

$

4,097

​

$

12,277

​

$

7,896

​

Variable lease cost

​

1,149

​

890

​

3,235

​

1,914

​

Short-term lease cost

​

122

​

175

​

405

​

340

​

Total operating lease cost

​

$

5,330

​

$

5,162

​

$

15,917

​

$

10,150

​

​

​	​	​	​	​	​	​
​		September 30, 2021		​	December 31, 2020
Weighted-average remaining lease terms - operating leases (years)		11.07	​	​	11.49	​
Weighted-average discount rate - operating leases	​	8.92	%	​	8.86	%
Weighted-average remaining lease terms - finance lease (years)		11.25	​	​	12.00	​
Weighted-average discount rate - finance lease		7.80	%	​	7.80	%

Schedule of supplemental balance sheet information related to leases

​

​	​	​	​	​	​	​
​		September 30, 2021			December 31, 2020
Operating lease ROU asset	​	$	78,699	​	$	84,410
​	​	​	​	​	​	​
Operating lease liabilities- current	​	$	7,144	​	$	7,465
Operating lease liabilities- noncurrent	​		74,823	​		79,499
Total operating lease liability	​	$	81,967	​	$	86,964

​

​	​	​	​	​	​	​
​		September 30, 2021			December 31, 2020
Finance lease liabilities- current	​	$	2,557	​	$	1,276
Finance lease liabilities- noncurrent	​		20,053	​		23,053
Total finance lease liability	​	$	22,610	​	$	24,329

Schedule of supplemental cash flow information related to leases

​

​	​	​	​	​	​	​
​		Nine Months Ended September 30,
​		2021			2020
Cash paid for amounts included in the measurement of lease liabilities:		​		​	​
Operating cash flows from operating leases	​	$	10,254	​	$	5,611
Financing cash flows from finance lease	​	​	2,224	​	​	17,829
Operating cash flows from finance leases	​	​	776	​	​	171
​	​	​	​	​	​	​
Right-of-use assets obtained in exchange for lease obligations:	​			​
Operating leases	​	$	—	​	$	76,657
Finance lease	​	​	—	​	​	41,382

Schedule of future lease payments - Operating leases

​

​	​	​	​	​	​	​	​
​		Operating Leases			Finance Lease		​
2021 (excludes the nine months ended September 30, 2021)	​	$	3,417	​	$	—	​
2022	​		13,235	​		3,000	​
2023	​		12,843	​		3,000	​
2024	​		12,150	​		3,000	​
2025 and thereafter	​		91,996	​		24,000	​
Total lease payments	​		133,641	​		33,000	​
Less: Imputed Interest expense	​		51,674	​		10,390	​
Total	​	$	81,967	​	$	22,610	​

​

Schedule of future lease payments - Finance leases

​

​	​	​	​	​	​	​	​
​		Operating Leases			Finance Lease		​
2021 (excludes the nine months ended September 30, 2021)	​	$	3,417	​	$	—	​
2022	​		13,235	​		3,000	​
2023	​		12,843	​		3,000	​
2024	​		12,150	​		3,000	​
2025 and thereafter	​		91,996	​		24,000	​
Total lease payments	​		133,641	​		33,000	​
Less: Imputed Interest expense	​		51,674	​		10,390	​
Total	​	$	81,967	​	$	22,610	​

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