XML 47 R36.htm IDEA: XBRL DOCUMENT
v3.23.2

Leases - Narrative (Details) $ in Thousands |  | 1 Months Ended | 3 Months Ended | 6 Months Ended | 12 Months Ended |  |
--- | --- | --- | --- | --- | --- | --- | ---
Jul. 01, 2020 USD ($) ft² item | May 31, 2022 USD ($) ft² building period | Jun. 30, 2023 USD ($) lease | Jun. 30, 2022 USD ($) | Jun. 30, 2023 USD ($) lease | Jun. 30, 2022 USD ($) | Dec. 31, 2020 USD ($) | Dec. 31, 2022 USD ($) | Jun. 19, 2020 USD ($)
Leases |  |  |  |  |  |  |  |  |
Number of operating leases | lease |  |  | 2 |  | 2 |  |  |  |
Operating lease, expense |  |  | $ 7,200 | $ 5,900 | $ 14,300 | $ 11,200 |  |  |
Finance Lease, Liability |  |  | 19,414 |  | 19,414 |  |  |  |
Finance lease liabilities- current |  |  | 2,230 |  | 2,230 |  |  | $ 3,000 |
Finance lease liabilities- noncurrent |  |  | 17,184 |  | 17,184 |  |  | 18,675 |
Aggregate rent, Initial term |  |  | 261,533 |  | 261,533 |  |  |  |
Operating lease ROU assets |  |  | 96,686 |  | 96,686 |  |  | 102,430 |
Operating Lease, Liability |  |  | 110,623 |  | 110,623 |  |  |  |
Research and development |  |  | 185,874 | 157,263 | 380,998 | 297,341 |  |  |
2024 |  |  | 18,388 |  | 18,388 |  |  |  |
MassBio |  |  |  |  |  |  |  |  |
Leases |  |  |  |  |  |  |  |  |
Finance lease cost |  |  | 400 | $ 400 | 700 | $ 800 |  |  |
Finance Lease, Liability |  |  |  |  |  |  |  |  | $ 41,400
Finance lease liabilities- current |  |  | 2,200 |  | 2,200 |  |  | 3,000 |
Finance lease liabilities- noncurrent |  |  | $ 17,200 |  | $ 17,200 |  |  | $ 18,700 |
Finance lease ROU asset |  |  |  |  |  |  |  |  | $ 41,400
Finance lease, term of contract |  |  |  |  |  |  |  |  | 12 years 6 months
Research and development |  |  |  |  |  |  | $ 41,400 |  |
Minimum |  |  |  |  |  |  |  |  |
Leases |  |  |  |  |  |  |  |  |
Operating lease, term of contract |  |  | 8 months 12 days |  | 8 months 12 days |  |  |  |
Maximum |  |  |  |  |  |  |  |  |
Leases |  |  |  |  |  |  |  |  |
Operating lease, term of contract |  |  | 15 years 10 months 24 days |  | 15 years 10 months 24 days |  |  |  |
Renewal term |  |  | 20 years |  | 20 years |  |  |  |
Hopewell Campus |  |  |  |  |  |  |  |  |
Leases |  |  |  |  |  |  |  |  |
Operating lease, term of contract | 15 years |  |  |  |  |  |  |  |
Area of real estate property | ft² | 220,500 |  |  |  |  |  |  |  |
Renewal term | 10 years |  |  |  |  |  |  |  |
Number of renewable terms | item | 2 |  |  |  |  |  |  |  |
Lessee, Operating Lease, Existence of Option to Extend [true false] | true |  |  |  |  |  |  |  |
Aggregate rent, Initial term | $ 111,500 |  |  |  |  |  |  |  |
Percent of market rate | 95.00% |  |  |  |  |  |  |  |
Warren Premises |  |  |  |  |  |  |  |  |
Leases |  |  |  |  |  |  |  |  |
Operating lease, term of contract |  | 17 years |  |  |  |  |  |  |
Number of buildings leased | building |  | 2 |  |  |  |  |  |  |
Area of real estate property | ft² |  | 360,000 |  |  |  |  |  |  |
Renewal term |  | 5 years |  |  |  |  |  |  |
Number of renewable terms | period |  | 3 |  |  |  |  |  |  |
Lessee, Operating Lease, Existence of Option to Extend [true false] |  | true |  |  |  |  |  |  |
Aggregate rent, Initial term |  | $ 163,000 |  |  |  |  |  |  |
Operating lease ROU assets |  | 28,900 |  |  |  |  |  |  |
Operating Lease, Liability |  | $ 28,900 |  |  |  |  |  |  |
Base rent abatement period |  | 3 years |  |  |  |  |  |  |
Base rent abatement |  | $ 18,600 |  |  |  |  |  |  |
Aggregate rent net of base rate abatement, initial term |  | 144,400 |  |  |  |  |  |  |
Allowance for lease improvements |  | 36,200 |  |  |  |  |  |  |
Commitment to fund construction account |  | 3,600 |  |  |  |  |  |  |
Payment due from lessor at issuance of temporary certificate of occupancy |  | $ 5,000 |  |  |  |  |  |  |

X
- Definition Amount of base rent abatement available if lessee is not subject to an event of default as defined in the lease agreement. + References No definition available. + Details
Name: | ptct_LesseeOperatingLeaseBaseRentAbatement
Namespace Prefix: | ptct_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Period of lessee's base rent abatement entitlement per terms of lease agreement. + References No definition available. + Details
Name: | ptct_LesseeOperatingLeaseBaseRentAbatementPeriod
Namespace Prefix: | ptct_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of lessee's undiscounted obligation for lease payment for operating lease net of eligible base rent abatement. + References No definition available. + Details
Name: | ptct_LesseeOperatingLeaseLiabilityToBePaidNetOfBaseRentAbatement
Namespace Prefix: | ptct_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Number of buildings leased during the period. + References No definition available. + Details
Name: | ptct_NumberOfBuildingsLeased
Namespace Prefix: | ptct_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition Number Of Operating Leases + References No definition available. + Details
Name: | ptct_NumberOfOperatingLeases
Namespace Prefix: | ptct_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition Number of renewable terms. + References No definition available. + Details
Name: | ptct_Numberofterms
Namespace Prefix: | ptct_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition The amount of allowance for lease improvements provided by lessor under the terms of the lease agreement. + References No definition available. + Details
Name: | ptct_OperatingLeaseAllowanceForLeaseImprovements
Namespace Prefix: | ptct_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The amount of lessee commitment to fund a construction account for lease improvements provided under the terms of the lease agreement. + References No definition available. + Details
Name: | ptct_OperatingLeaseConstructionAccountFundingCommitment
Namespace Prefix: | ptct_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The amount of payment due from lessor at issuance of temporary certificate of occupancy that lessee has committed to fund into the construction account for lease improvements provided under the terms of the lease agreement. + References No definition available. + Details
Name: | ptct_OperatingLeaseLessorPaymentDueAtIssuanceOfTemporaryCertificateOfOccupancy
Namespace Prefix: | ptct_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Percent Of Market Rate + References No definition available. + Details
Name: | ptct_PercentOfMarketRate
Namespace Prefix: | ptct_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Area of a real estate property. + References No definition available. + Details
Name: | us-gaap_AreaOfRealEstateProperty
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:areaItemType
Balance Type: | na
Period Type: | instant

X
- Definition Amount of interest expense on finance lease liability. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 53 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479589/842-20-55-53 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 45 -Paragraph 4 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479041/842-20-45-4 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-4 + Details
Name: | us-gaap_FinanceLeaseInterestExpense
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Present value of lessee's discounted obligation for lease payments from finance lease. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-6 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 45 -Paragraph 1 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479041/842-20-45-1 + Details
Name: | us-gaap_FinanceLeaseLiability
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Present value of lessee's discounted obligation for lease payments from finance lease, classified as current. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 45 -Paragraph 1 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479041/842-20-45-1 + Details
Name: | us-gaap_FinanceLeaseLiabilityCurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Present value of lessee's discounted obligation for lease payments from finance lease, classified as noncurrent. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 45 -Paragraph 1 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479041/842-20-45-1 + Details
Name: | us-gaap_FinanceLeaseLiabilityNoncurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount, after accumulated amortization, of right-of-use asset from finance lease. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 45 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479041/842-20-45-1 + Details
Name: | us-gaap_FinanceLeaseRightOfUseAsset
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Term of lessee's finance lease, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a)(3) -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-3 + Details
Name: | us-gaap_LesseeFinanceLeaseTermOfContract1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-3 + Details
Name: | us-gaap_LesseeLeaseDescriptionLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Indicates (true false) whether lessee has option to extend operating lease. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a)(3) -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-3 + Details
Name: | us-gaap_LesseeOperatingLeaseExistenceOfOptionToExtend
Namespace Prefix: | us-gaap_
Data Type: | xbrli:booleanItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of lessee's undiscounted obligation for lease payment for operating lease. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-6 + Details
Name: | us-gaap_LesseeOperatingLeaseLiabilityPaymentsDue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of lessee's undiscounted obligation for lease payment for operating lease to be paid in next fiscal year following current fiscal year. Excludes interim and annual periods when interim periods are reported from current statement of financial position date (rolling approach). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-6 + Details
Name: | us-gaap_LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Term of lessee's operating lease renewal, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a)(3) -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-3 + Details
Name: | us-gaap_LesseeOperatingLeaseRenewalTerm
Namespace Prefix: | us-gaap_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | instant

X
- Definition Term of lessee's operating lease, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a)(3) -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-3 + Details
Name: | us-gaap_LesseeOperatingLeaseTermOfContract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | instant

X
- Definition Amount of operating lease expense. Excludes sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 45 -Paragraph 4 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479041/842-20-45-4 + Details
Name: | us-gaap_OperatingLeaseExpense
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Present value of lessee's discounted obligation for lease payments from operating lease. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 45 -Paragraph 1 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479041/842-20-45-1 + Details
Name: | us-gaap_OperatingLeaseLiability
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of lessee's right to use underlying asset under operating lease. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 45 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479041/842-20-45-1 + Details
Name: | us-gaap_OperatingLeaseRightOfUseAsset
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition The aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects, including the costs of developing computer software up to the point in time of achieving technological feasibility, and costs allocated in accounting for a business combination to in-process projects deemed to have no alternative future use. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 730 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482916/730-10-50-1 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 912 -SubTopic 730 -Name Accounting Standards Codification -Section 25 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482517/912-730-25-1 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 985 -SubTopic 20 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481283/985-20-50-1 + Details
Name: | us-gaap_ResearchAndDevelopmentExpense
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Details
Name: | srt_CounterpartyNameAxis=ptct_MassBioMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MinimumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MaximumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=ptct_HopewellCampusMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=ptct_WarrenPremisesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |