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CONSOLIDATED ENTITIES AND ACQUISITIONS - Theravance Respiratory Company, LLC (Details) - USD ($)
$ in Thousands
12 Months Ended
Jul. 20, 2022
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Assets        
Cash and cash equivalents   $ 291,049 $ 201,525  
Prepaid expenses and other current assets   29,559 1,367  
Equity and long-term investments   403,013 483,845  
Total assets   1,231,497 926,395  
Liabilities and Stockholders Equity        
Current liabilities   134,968 5,807  
Total liabilities and stockholders' equity   1,231,497 926,395  
Income statements        
Total net revenue   331,339 391,866 $ 336,794
Other income, net   (3,373) (3,626) (348)
Income tax expense, net   66,687 76,439 60,431
Net income   220,262 368,837 293,814
Royalty revenue        
Income statements        
Total net revenue   311,645 391,866 326,794
Revenue from collaborative arrangements        
Income statements        
Total net revenue   $ 0 0 10,000
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 collaborative arrangements     42,492  
Prepaid expenses and other current assets     71  
Equity and long-term investments     37,695  
Total assets     130,971  
Liabilities and Stockholders Equity        
Current liabilities     252  
LLC members' equity     130,719  
Total liabilities and stockholders' equity     130,971  
Income statements        
Total net revenue   $ 72,029 [1] 126,688 83,089
Operating expenses   332 [1] 3,956 2,612
Income from operations   71,697 [1] 122,732 80,477
Other income, net   10 [1] 0 38
Realized loss   (39,386) [1] 0 0
Income tax expense, net   1 [1] 0 0
Changes in fair values of other equity and long-term investments   (8,884) [1] (1,541) 1,147
Net income   23,438 [1] 121,191 81,662
Theravance Respiratory Company, LLC | Royalty revenue        
Income statements        
Total net revenue   72,029 [1] 126,688 73,089
Theravance Respiratory Company, LLC | Revenue from collaborative arrangements        
Income statements        
Total net revenue   0 [1] 0 $ 10,000
ISP Fund LP        
Assets        
Total assets   320,600 195,800  
Income statements        
Changes in fair values of other equity and long-term investments   $ 6,800 $ 10,500  
[1]

(1) The year ended December 31, 2022 represents the period from January 1, 2022 to July 20, 2022, the date of the sale of our ownership interest in TRC.