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Consolidated Entities - Theravance Respiratory Company, LLC (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Jun. 30, 2021
Mar. 31, 2021
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Sep. 30, 2021
Sep. 30, 2020
Dec. 31, 2020
Assets                  
Cash and cash equivalents $ 135,115           $ 135,115   $ 246,487 [1]
Receivables from collaborative arrangements 101,271           101,271   93,931 [1]
Prepaid expenses and other current assets 542           542   1,640 [1]
Equity and long-term investments 507,116           507,116   438,258 [1]
Total assets 887,239           887,239   999,570 [1]
Liabilities and LLC Members' Equity                  
Current liabilities 3,125           3,125   6,110 [1]
Total liabilities and stockholders' equity 887,239           887,239   999,570 [1]
Income statements                  
Total net revenue 97,862     $ 88,694     284,186 $ 246,318  
Operating expenses 3,309     4,264     13,610 9,982  
Income from operations 94,553     84,430     270,576 236,336  
Other income, net (652)     (13)     (2,036) 85  
Changes in fair values of equity and long-term investments 33,613     (29,368)     133,973 39,245  
Net income 102,646 $ 110,846 $ 109,695 41,621 $ 98,225 $ 78,952 323,187 218,798  
Royalty revenue from a related party                  
Income statements                  
Total net revenue 97,862     88,694     284,186 236,318  
Revenue from collaborative arrangements with a related party                  
Income statements                  
Total net revenue 0     0     0 10,000  
Theravance Respiratory Company, LLC                  
Assets                  
Cash and cash equivalents 46,505           46,505   38,081
Receivables from collaborative arrangements 35,535           35,535   24,946
Prepaid expenses and other current assets 1           1   0
Equity and long-term investments 22,743           22,743   16,959
Total assets 104,784           104,784   79,986
Liabilities and LLC Members' Equity                  
Current liabilities 189           189   508
LLC members' equity 104,595           104,595   79,478
Total liabilities and stockholders' equity 104,784           104,784   $ 79,986
Income statements                  
Total net revenue 35,585     16,375     84,055 58,143  
Operating expenses 194     607     3,811 1,358  
Income from operations 35,391     15,768     80,244 56,785  
Other income, net 0     0     0 37  
Changes in fair values of equity and long-term investments 148     0     (589) 0  
Net income 35,539     15,768     79,655 56,822  
Theravance Respiratory Company, LLC | Royalty revenue from a related party                  
Income statements                  
Total net revenue 35,585     16,375     84,055 48,143  
Strategic alliance - MABA program | Theravance Respiratory Company, LLC                  
Income statements                  
Total net revenue $ 0     $ 0     $ 0 $ 10,000  
[1] Consolidated balance sheet as of December 31, 2020 has been derived from audited consolidated financial statements.