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Consolidated Statements of Shareholders' Equity - USD ($)
$ in Thousands
Total
Cumulative Effect, Period of Adoption, Adjustment
Class R Redeemable Shares
Common Stock
Class A Ordinary Shares
Common Stock
Class B Ordinary Shares
Common Stock
Class R Redeemable Shares
Deferred Shares
Additional Paid-In Capital
Unitholders’/ Shareholders’ Contributions
Retained Earnings
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
Accumulated Other Comprehensive Income
Non-Controlling Interests
Treasury Interests
Beginning balance (in shares) at Dec. 31, 2019       0 0 0 0              
Beginning balance at Dec. 31, 2019 $ 6,141,438 $ (192,705)   $ 0 $ 0 $ 0 $ 0 $ 0 $ 3,282,516 $ 2,825,212 $ (192,705) $ 2,093 $ 35,883 $ (4,266)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Contributions 1,482,322               307,646       1,174,676  
Transfer of interests 0               (1,037,161)       1,037,161  
Distributions (1,105,765)                 (313,408)     (792,357)  
Initial share issuance upon registration of Royalty Pharma plc (in shares)           50,000                
Initial share issuance upon registration of Royalty Pharma plc 63         $ 63                
Net income 1,701,954                          
Issuance of Class B ordinary shares to continuing investors partnerships (in shares)         535,383,000                  
Issuance of Class B ordinary shares to Continuing Investors Partnerships 1       $ 1                  
Effect of exchange by continuing investors of Class B ordinary shares for Class A ordinary shares and reallocation of historical equity (in shares)       294,176,000 (294,176,000)   294,176,000              
Effect of exchange by Continuing Investors of Class B ordinary shares for Class A ordinary shares and reallocation of historical equity (1)     $ 30 $ (1)     1,402,762 (2,553,001) (1,261,014)   (24,022) 2,433,098 2,147
Issuance of Class A ordinary shares sold in IPO, net of offering costs (in shares)       71,652,000                    
Issuance of Class A ordinary shares sold in IPO, net of offering costs 1,908,744     $ 7       1,150,383         758,354  
Share based compensation and related issuance of Class A ordinary shares (in shares)       76,000                    
Share-based compensation and related issuances of Class A ordinary shares 5,428             5,428            
Other exchanges (in shares)       22,231,000 (22,231,000)   22,231,000              
Other exchanges 191     $ 2       307,391       2,562 (309,566) (198)
Dividends (112,490)                 (112,490)        
Other comprehensive income/(loss):                            
Reclassification of loss on interest rate swaps 4,066                     4,066    
Unrealized gains on available for sale debt securities 83,120                     60,617 22,503  
Reclassification of unrealized gains on available for sale debt securities (20,551)                     (10,921) (9,630)  
Ending balance (in shares) at Dec. 31, 2020       388,135,000 218,976,000 50,000 316,407,000              
Ending balance at Dec. 31, 2020 9,895,815     $ 39 $ 0 $ 63 $ 0 2,865,964 $ 0 1,920,635   34,395 5,077,036 (2,317)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Contributions 48,539                       48,539  
Distributions (614,973)                       (614,973)  
Net income 1,241,201                 619,728     621,473  
Share based compensation and related issuance of Class A ordinary shares (in shares)       65,000                    
Share-based compensation and related issuances of Class A ordinary shares 2,443             2,443            
Other exchanges (in shares)       44,763,000 (44,763,000)   44,763,000              
Other exchanges 0     $ 4       639,126       4,242 (642,974) (398)
Dividends (285,184)                 (285,184)        
Other comprehensive income/(loss):                            
Reclassification of loss on interest rate swaps 0                          
Unrealized gains on available for sale debt securities 11,600                     6,335 5,265  
Reclassification of unrealized gains on available for sale debt securities (50,896)                     (28,481) (22,415)  
Ending balance (in shares) at Dec. 31, 2021       432,963,000 174,213,000 50,000 361,170,000              
Ending balance at Dec. 31, 2021 10,248,545     $ 43 $ 0 $ 63 $ 0 3,507,533   2,255,179   16,491 4,471,951 (2,715)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                            
Contributions 11,596                       11,596  
Distributions (604,248)                       (604,248)  
Net income 230,064                 42,832     187,232  
Share based compensation and related issuance of Class A ordinary shares (in shares)       48,000                    
Share-based compensation and related issuances of Class A ordinary shares 2,170             2,170            
Other exchanges (in shares)       10,155,000 (10,155,000)   10,155,000              
Other exchanges 0     $ 1       156,457       1,127 (157,494) (91)
Dividends (333,322)                 (333,322)        
Other comprehensive income/(loss):                            
Reclassification of loss on interest rate swaps 0                          
Unrealized gains on available for sale debt securities 24,000                     14,262 9,738  
Reclassification of unrealized gains on available for sale debt securities (53,432)                     (31,880) (21,552)  
Ending balance (in shares) at Dec. 31, 2022     50,000 443,166,000 164,058,000 50,000 371,325,000              
Ending balance at Dec. 31, 2022 $ 9,525,373     $ 44 $ 0 $ 63 $ 0 $ 3,666,160   $ 1,964,689   $ 0 $ 3,897,223 $ (2,806)