v3.25.4
Related Party Transactions - Narrative (Details) - USD ($)
$ in Thousands
1 Months Ended 12 Months Ended
Dec. 08, 2017
Jan. 31, 2024
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Related Party Transaction [Line Items]            
Financial royalty asset, net     $ 17,062,868 $ 15,910,928    
Upfront payment for financial royalty assets     1,697,729 2,505,701 $ 2,115,522  
Shareholders' equity     9,714,939 10,342,366 10,084,289 $ 9,525,373
Treasury Interests            
Related Party Transaction [Line Items]            
Shareholders' equity     (2,612) (2,662) (2,629) (2,806)
Non-Controlling Interests            
Related Party Transaction [Line Items]            
Shareholders' equity     3,238,039 3,395,785 3,557,792 $ 3,897,223
Related Party | Bristol-Myers Squibb            
Related Party Transaction [Line Items]            
Financial royalty asset, net     $ 9,400 44,700    
Related Party | Errol De Souza            
Related Party Transaction [Line Items]            
Upfront payment for financial royalty assets   $ 2,500        
Milestone payment received   $ 2,220        
Operating and Personnel Payments | Related Party            
Related Party Transaction [Line Items]            
Quarterly payments to affiliates, percent of adjusted cash receipts (as percent)     6.50%      
Quarterly payments to affiliates, percent of security investment (as percent)     0.25%      
Operating and personnel payments incurred     $ 115,700 188,600 $ 204,600  
Assignment Agreement - Benefit of Payment Stream | Bristol-Myers Squibb            
Related Party Transaction [Line Items]            
Related party, rate (as percent) 50.00%          
Assignment Agreement - Funding Obligations | Bristol-Myers Squibb            
Related Party Transaction [Line Items]            
Related party, rate (as percent) 50.00%          
Acquisition Of Limited Partnership Interests In Affiliate | Related Party            
Related Party Transaction [Line Items]            
Number of limited partnership interest acquired (in shares)     27,210      
Acquisition Of Limited Partnership Interests In Affiliate | Related Party | Treasury Interests            
Related Party Transaction [Line Items]            
Shareholders' equity     $ 4,300      
Acquisition Of Limited Partnership Interests In Affiliate | Related Party | Non-Controlling Interests            
Related Party Transaction [Line Items]            
Shareholders' equity       $ 1,600