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Consolidated Entities and Acquisitions - Theravance Respiratory Company, LLC (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Jul. 20, 2022
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Sep. 30, 2021
Jun. 30, 2021
Mar. 31, 2021
Sep. 30, 2022
Sep. 30, 2021
Dec. 31, 2021
Assets                    
Cash and cash equivalents   $ 300,789     $ 135,115     $ 300,789 $ 135,115 $ 201,525
Receivables from collaboration arrangement   65,606           65,606   110,711
Prepaid expenses   7,932           7,932   1,367
Equity and long-term investments   489,111           489,111   483,845
Total assets   1,327,712           1,327,712   926,395
Liabilities and LLC Members' Equity                    
Current liabilities   163,884           163,884   5,807
Total liabilities and stockholders' equity   1,327,712           1,327,712   $ 926,395
Income statements                    
Total revenue   67,257     97,862     265,536 284,186  
Operating expenses   (219,167)     (25,315)     (86,101) (104,601)  
Other expense (income), net   28     (652)     (750) (2,036)  
Income tax expense net   57,077     20,531     63,061 65,600  
Changes in fair values of equity and long-term investments   130     33,613     (67,881) 133,973  
Net income (loss)   229,347 $ 21,371 $ 37,858 102,646 $ 110,846 $ 109,695 288,576 323,187  
Royalty revenue from a related party                    
Income statements                    
Total revenue   62,150     97,862     260,429 284,186  
Theravance Respiratory Company, LLC                    
CONSOLIDATED ENTITIES                    
Ownership interest in LLC                   15.00%
Proceeds from sale of economic interest under Equity Purchase Agreement $ 277,500                  
Contingent sales based milestone payment 50,000                  
Cash distribution 4,400                  
Total carrying value of investments $ 39,400                  
Assets                    
Cash and cash equivalents                   $ 50,713
Receivables from collaboration arrangement                   42,492
Prepaid expenses                   71
Equity and long-term investments                   37,695
Total assets                   130,971
Liabilities and LLC Members' Equity                    
Current liabilities                   252
LLC members' equity                   130,719
Total liabilities and stockholders' equity                   $ 130,971
Income statements                    
Operating expenses   (5) [1]     194     332 [2] 3,811  
Income from operations   5 [1]     35,391     71,697 [2] 80,244  
Other expense (income), net   0 [1]     0     10 [2] 0  
Realized loss   (39,386) [1]     0     (39,386) [2] 0  
Income tax expense net   0 [1]     0     1 [2] 0  
Changes in fair values of equity and long-term investments   0 [1]     148     (8,884) [2] (589)  
Net income (loss)   (39,381) [1]     35,539     23,438 [2] 79,655  
Theravance Respiratory Company, LLC | Royalty revenue from a related party                    
Income statements                    
Total revenue   $ 0 [1]     $ 35,585     $ 72,029 [2] $ 84,055  
[1] Three months ended September 30, 2022 represents the period from July 1, 2022 to July 20, 2022, the date of the sale of our ownership interest in TRC.
[2] Nine months ended September 30, 2022 represents the period from January 1, 2022 to July 20, 2022, the date of the sale of our ownership interest in TRC.