v3.25.4
Cumulative Allowance and the Provision for Changes in Expected Cash Flows from Financial Royalty Assets (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Financing Receivable, Allowance for Credit Loss [Roll Forward]        
Beginning balance $ (3,789,281) $ (3,065,145) $ (2,591,882)  
Increases to the cumulative allowance for changes in expected cash flows from financial royalty assets (687,269) (1,438,001) (1,006,933)  
Decreases to the cumulative allowance for changes in expected cash flows from financial royalty assets 956,944 805,955 468,562  
Write-off of cumulative allowance 95,962 8,325 87,393  
Provision for credit losses, net 26,163 (100,415) (22,285)  
Ending balance $ (3,397,481) $ (3,789,281) $ (3,065,145) $ (2,591,882)
Writeoff related to financial royalty asset       $ 115,400