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OTHER (LOSS) INCOME (Tables)
9 Months Ended
Sep. 30, 2021
Other Income And Expenses [Abstract]  
Summary of Other (Loss) Income

The following table summarizes other (loss) income for the periods indicated:

 

 

 

For the Three Months Ended
September 30,

 

 

For the Nine Months Ended
September 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

 

(in thousands)

 

Interest expense

 

$

(15,995

)

 

$

(13,889

)

 

$

(47,477

)

 

$

(41,217

)

Interest income

 

 

148

 

 

 

122

 

 

 

259

 

 

 

2,899

 

Amortization of investment discount

 

 

 

 

 

313

 

 

 

157

 

 

 

4,276

 

Gain from sale of Priority Review
   Voucher

 

 

 

 

 

 

 

 

102,000

 

 

 

108,069

 

Gain (loss) on contingent consideration,
   net*

 

 

7,200

 

 

 

(45,000

)

 

 

7,200

 

 

 

(45,000

)

Impairment of equity investment

 

 

(4,488

)

 

 

 

 

 

(4,488

)

 

 

 

Other expense, net

 

 

(314

)

 

 

(881

)

 

 

(813

)

 

 

(160

)

Total other (loss) income

 

$

(13,449

)

 

$

(59,335

)

 

$

56,838

 

 

$

28,867

 

 

 

* The gain (loss) on contingent consideration, net is related to the fair value adjustment of the regulatory-related contingent payments that are accounted for as derivatives. Please see Note 5, Fair Value Measurements for further details.