XML 45 R31.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Significant Accounting Policies (Details Textual) - USD ($) $ in Millions |  | 1 Months Ended | 10 Months Ended | 12 Months Ended
--- | --- | --- | --- | ---
Mar. 13, 2017 | Jul. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2015 | Dec. 31, 2018 | Dec. 31, 2017 | Dec. 31, 2016
Research and Development Asset Acquired Other than Through Business Combination, Fair Value Acquired |  |  |  |  |  | $ 9.6 |
Property Plant And Equipment Design Costs Capitalized |  |  |  |  |  | 1.2 |
Certificates of Deposit, at Carrying Value |  |  |  |  |  | $ 40.0 |
Certificates Of Deposits, 250,000 or Less, Description |  |  |  |  |  | the Company had approximately $40.0 million in certificates of deposit with no more than $250,000 at any individual institution. |
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent |  |  |  | 35.00% |  | 35.00% | 35.00%
Scenario, Plan [Member] |  |  |  |  |  |  |
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent |  |  |  |  | 21.00% |  |
Held-to-maturity Securities [Member] |  |  |  |  |  |  |
Time Deposits, at Carrying Value |  |  |  |  |  | $ 26.0 |
Cash and Cash Equivalents [Member] |  |  |  |  |  |  |
Time Deposits, at Carrying Value |  |  |  |  |  | $ 14.0 |
Fortress Biotech, Inc [Member] |  |  |  |  |  |  |
Annual Fee On Diluted Outstanding Equity, Percentage |  |  |  |  |  | 2.50% |
Research and Development Asset Acquired Other than Through Business Combination, Fair Value Acquired |  |  | $ 0.2 |  |  | $ 9.6 | $ 4.4
Stock Issued During Period, Shares, Issued for Services | 767,264 |  |  |  |  |  |
Series A Preferred Stock [Member] |  |  |  |  |  |  |
Stock Issued During Period, Shares, Issued for Services |  |  |  |  |  | 0 | 0
Series A Preferred Stock [Member] | Fortress Biotech, Inc [Member] |  |  |  |  |  |  |
Stock Issued During Period, Shares, Issued for Services |  | 250,000 |  |  |  |  |
Preferred Stock, Dividend Rate, Percentage |  | 2.50% |  |  |  |  |

X
- Definition It represents the annual fee percentage on diluted outstanding equity. + References No definition available. + Details
Name: | ck0001680048_AnnualFeeOnDilutedOutstandingEquityPercentage
Namespace Prefix: | ck0001680048_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Description of certificates of deposit invested, in denominations of $250,000 or less, at any individual institution. + References No definition available. + Details
Name: | ck0001680048_CertificatesOfDeposits250000OrLessDescription
Namespace Prefix: | ck0001680048_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents the cost of design capitalized to property plant and equipment. + References No definition available. + Details
Name: | ck0001680048_PropertyPlantAndEquipmentDesignCostsCapitalized
Namespace Prefix: | ck0001680048_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition A savings certificate entitling the Entity (that is, bearer) to receive interest at an established maturity date, based upon a fixed interest rate. A certificate of deposit may be issued in any denomination. Certificates of deposit are generally issued by commercial banks and, therefore, insured by the FDIC (up to the prescribed limit). Certificates of deposit generally restrict holders from withdrawing funds on demand without the incurrence of penalties. Generally, only certificates of deposit with original maturities of three months or less qualify as cash equivalents. Original maturity means original maturity to the entity holding the investment. As a related example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three-years ago does not become a cash equivalent when its remaining maturity is three months. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.1) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_CertificatesOfDepositAtCarryingValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Percentage of domestic federal statutory tax rate applicable to pretax income (loss). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32687-109319 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 6.I) -URI http://asc.fasb.org/extlink&oid=34349781&loc=d3e330036-122817 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32698-109319 + Details
Name: | us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The percentage rate used to calculate dividend payments on preferred stock. + References No definition available. + Details
Name: | us-gaap_PreferredStockDividendRatePercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The fair value of capitalized costs of a research and development nature that were acquired during the period in a transaction other than a business combination. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
Name: | us-gaap_ResearchAndDevelopmentAssetAcquiredOtherThanThroughBusinessCombinationFairValueAcquired
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Number of shares issued in lieu of cash for services contributed to the entity. Number of shares includes, but is not limited to, shares issued for services contributed by vendors and founders. + References No definition available. + Details
Name: | us-gaap_StockIssuedDuringPeriodSharesIssuedForServices
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Any certificate of deposit or savings account held by a bank or other financial institution for a short-term specified period of time. Because of their short-term, time deposits are considered highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three-years ago does not become a cash equivalent when its remaining maturity is three months. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.1) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_TimeDepositsAtCarryingValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Details
Name: | us-gaap_StatementScenarioAxis=us-gaap_ScenarioPlanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_InformationByCategoryOfDebtSecurityAxis=us-gaap_HeldtomaturitySecuritiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_InvestmentTypeAxis=us-gaap_CashAndCashEquivalentsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | dei_LegalEntityAxis=ck0001680048_FortressBiotechIncMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementClassOfStockAxis=us-gaap_SeriesAPreferredStockMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |