2014 Q1 Form 8-K Financial Statement

#000110465914045276 Filed on June 11, 2014

View on sec.gov

Income Statement

Concept 2014 Q1 2013 Q1 2012 Q4
Revenue $148.3M $42.65M $37.66M
YoY Change 247.76% -36.26%
Cost Of Revenue $36.50M $26.30M $25.00M
YoY Change 38.78%
Gross Profit $111.8M $16.30M $12.60M
YoY Change 585.89%
Gross Profit Margin 75.38% 38.22% 33.46%
Selling, General & Admin $20.90M $5.900M $4.600M
YoY Change 254.24%
% of Gross Profit 18.69% 36.2% 36.51%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $26.52M $3.588M $3.500M
YoY Change 639.19%
% of Gross Profit 23.72% 22.01% 27.78%
Operating Expenses $83.99M $35.84M $8.100M
YoY Change 134.36%
Operating Profit $64.32M $6.811M $4.534M
YoY Change 844.33% -58.74%
Interest Expense $28.97M $0.00 $0.00
YoY Change
% of Operating Profit 45.05% 0.0% 0.0%
Other Income/Expense, Net -$28.43M -$1.280M -$1.100M
YoY Change 2120.94%
Pretax Income $45.91M $5.530M $3.400M
YoY Change 730.13%
Income Tax $1.594M $2.316M $1.300M
% Of Pretax Income 3.47% 41.88% 38.24%
Net Earnings $34.30M $3.216M $2.106M
YoY Change 966.42% -62.89%
Net Earnings / Revenue 23.12% 7.54% 5.59%
Basic Earnings Per Share $0.31 $0.04 $0.02
Diluted Earnings Per Share $0.29 $0.03 $0.02
COMMON SHARES
Basic Shares Outstanding 111.2M shares 110.6M shares
Diluted Shares Outstanding 117.9M shares 115.6M shares

Balance Sheet

Concept 2014 Q1 2013 Q1 2012 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $48.30M
YoY Change
Cash & Equivalents $48.28M $17.19M $14.56M
Short-Term Investments
Other Short-Term Assets $24.24M $1.009M
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $48.30M
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $141.9M $119.0M
YoY Change
Goodwill $75.52M $75.52M
YoY Change
Intangibles $9.577M $9.577M
YoY Change
Long-Term Investments
YoY Change
Other Assets $54.50M
YoY Change
Total Long-Term Assets $2.514B
YoY Change
TOTAL ASSETS
Total Short-Term Assets $48.30M
Total Long-Term Assets $2.514B
Total Assets $2.562B $0.00 $267.1M
YoY Change
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $24.60M
YoY Change
Accrued Expenses $58.00M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $88.50M
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt $2.500B
YoY Change
Other Long-Term Liabilities $38.30M
YoY Change
Total Long-Term Liabilities $2.538B
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $88.50M
Total Long-Term Liabilities $2.538B
Total Liabilities $2.630B $30.75M
YoY Change
SHAREHOLDERS EQUITY
Retained Earnings -$931.7M $165.0M
YoY Change
Common Stock $863.7M $0.00 $71.36M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$68.03M $0.00 $236.3M
YoY Change
Total Liabilities & Shareholders Equity $2.562B $267.1M
YoY Change

Cashflow Statement

Concept 2014 Q1 2013 Q1 2012 Q4
OPERATING ACTIVITIES
Net Income $34.30M $3.216M $2.106M
YoY Change 966.42% -62.89%
Depreciation, Depletion And Amortization $26.52M $3.588M $3.500M
YoY Change 639.19%
Cash From Operating Activities $79.70M -$3.800M $5.700M
YoY Change -2197.37%
INVESTING ACTIVITIES
Capital Expenditures $24.00M $78.00K -$1.700M
YoY Change 30671.79%
Acquisitions
YoY Change
Other Investing Activities $0.00 $100.0K $300.0K
YoY Change -100.0%
Cash From Investing Activities -$210.0M -$900.0K -$1.400M
YoY Change 23233.33%
FINANCING ACTIVITIES
Cash Dividend Paid $270.0M
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $32.00M
YoY Change
Cash From Financing Activities -106.7M 7.300M -4.700M
YoY Change -1561.64%
NET CHANGE
Cash From Operating Activities 79.70M -3.800M 5.700M
Cash From Investing Activities -210.0M -900.0K -1.400M
Cash From Financing Activities -106.7M 7.300M -4.700M
Net Change In Cash -237.0M 2.600M -400.0K
YoY Change -9215.38%
FREE CASH FLOW
Cash From Operating Activities $79.70M -$3.800M $5.700M
Capital Expenditures $24.00M $78.00K -$1.700M
Free Cash Flow $55.70M -$3.878M $7.400M
YoY Change -1536.26%

Facts In Submission

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CY2011 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2012 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2011 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.066 pure
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0.000 pure
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0.000 pure
CY2011 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2012 us-gaap Effective Income Tax Rate Continuing Operations
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CY2011 us-gaap Effective Income Tax Rate Continuing Operations
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0.414 pure
CY2012 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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13073000 USD
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15945000 USD
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1126000 USD
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3016000 USD
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30000 USD
CY2011 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
72000 USD
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202000 USD
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3840000 USD
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2000 USD
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146000 USD
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44000 USD
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56840000 USD
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CY2013 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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0 shares
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850000000 USD
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1500000000 USD
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StockholdersEquity
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Dividends
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2090000000 USD
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2131000 USD
CY2014Q1 dei Entity Registrant Name
EntityRegistrantName
Gaming & Leisure Properties, Inc.
CY2014Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001575965
CY2014Q1 dei Document Type
DocumentType
8-K
CY2014Q1 dei Document Period End Date
DocumentPeriodEndDate
2014-03-31
CY2014Q1 dei Amendment Flag
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false
CY2011 glpi Incremental Common Shares Attributable To Conversion Of Restricted Stock
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318000 shares
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CY2013 glpi Number Of Jurisdictions Across Which Portfolio Of Properties Is Diversified
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13 item
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2793000 USD
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1959000 USD
CY2013Q4 us-gaap Commitments And Contingencies
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CY2012Q4 us-gaap Liabilities
Liabilities
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RealEstateTaxExpense
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RealEstateTaxExpense
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PaymentsForAdvancesToRelatedParty
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InterestPaidNet
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InterestPaidNet
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InterestPaidNet
0 USD
CY2013 glpi Number Of Project Which To Be Provide Real Estate Financing In Form Of Loan Or Lease
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2 item
CY2013 us-gaap Concentration Risk Credit Risk
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<div style="font-size:10.0pt;font-family:Times New Roman;"> <p style="FONT-FAMILY: times;"><font size="2"><b>Concentration of Credit Risk</b></font></p> <p style="FONT-FAMILY: times;"><font size="2">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Concentrations of credit risks arise when a number of operators, tenants, or obligors related to the Company's investments are engaged in similar business activities, or activities in the same geographic region, or have similar economic features that would cause their ability to meet contractual obligations, including those to the Company, to be similarly affected by changes in economic conditions. As of December&#160;31, 2013, substantially all of the Company's real estate properties were leased to Penn, and all of the Company's rental revenues were derived from a master lease defined below. Penn is a publicly traded company that is subject to the informational filing requirements of the Securities Exchange Act of 1934, as amended, and is required to file periodic reports on Form&#160;10-K and Form&#160;10-Q with the Securities and Exchange Commission. Penn's net revenues were $2.9&#160;billion for the years ended December&#160;31, 2013 and 2012. Other than the Company's tenant concentration, management believes the Company's portfolio was reasonably diversified by geographical location and did not contain any other significant concentration of credit risks. As of December&#160;31, 2013, the Company's portfolio of 19 leased properties was diversified by location across 11 states.</font></p> <p style="FONT-FAMILY: times;"><font size="2">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Financial instruments that subject the Company to credit risk consist of cash and cash equivalents and accounts receivable.</font></p> <p style="FONT-FAMILY: times;"><font size="2">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;The Company's policy is to limit the amount of credit exposure to any one financial institution, and place investments with financial institutions evaluated as being creditworthy, or in short-term money market and tax-free bond funds which are exposed to minimal interest rate and credit risk. At times, the Company has bank deposits and overnight repurchase agreements that exceed federally-insured limits.</font></p> <p style="FONT-FAMILY: times;"><font size="2">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Accounts are written off when management determines that an account is uncollectible. Recoveries of accounts previously written off are recorded when received. An allowance for doubtful accounts is determined to reduce the Company's receivables to their carrying value, which approximates fair value. The allowance is estimated based on historical collection experience, specific review of individual customer accounts, and current economic and business conditions.</font></p> </div>
CY2012Q4 us-gaap Commitments And Contingencies
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CY2013 us-gaap Subsidiary Or Equity Method Investee Cumulative Percentage Ownership After All Transactions
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CY2013Q4 us-gaap Other Liabilities
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OtherLiabilities
30745000 USD
CY2014Q1 glpi Number Of Properties Leased To Third Parties
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3 property
CY2014Q1 glpi Lessor Leasing Arrangements Period After Which Rent Structure Is Adjusted Under Master Lease
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P5Y
CY2013 us-gaap Preferred Stock Dividends Income Statement Impact
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0.04 pure
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P5Y
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0.20 pure
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CasinoRevenue
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PromotionalAllowances
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CostOfComplimentaryServices
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CostOfComplimentaryServices
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WeightedAverageNumberOfSharesOutstandingBasic
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WeightedAverageNumberOfSharesOutstandingBasic
110582000 shares
CY2014Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
6282000 shares
CY2013Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
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CY2014Q1 glpi Incremental Common Shares Attributable To Conversion Of Restricted Stock
IncrementalCommonSharesAttributableToConversionOfRestrictedStock
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CY2013Q1 glpi Incremental Common Shares Attributable To Conversion Of Restricted Stock
IncrementalCommonSharesAttributableToConversionOfRestrictedStock
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CY2014Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2013Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2014Q1 us-gaap Net Income Loss
NetIncomeLoss
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CY2013Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
5530000 USD
CY2014Q1 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
175000 USD
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PreferredStockDividendsIncomeStatementImpact
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CY2014Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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CY2013Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
3202000 USD
CY2014Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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CY2013Q1 us-gaap Income Tax Expense Benefit
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CY2014Q1 us-gaap Earnings Per Share Diluted
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ProceedsFromCollectionOfLoansReceivable
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CY2014Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2013Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2014Q1 glpi Number Of Awards Into Which Each Outstanding Option And Cash Settled Stock Appreciation Right Converted In Connection With Spinoff
NumberOfAwardsIntoWhichEachOutstandingOptionAndCashSettledStockAppreciationRightConvertedInConnectionWithSpinoff
2 shares
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2014Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2014Q1 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
2661127000 USD
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RealEstateInvestmentPropertyAccumulatedDepreciation
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RealEstateInvestmentPropertyNet
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CY2014Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
251146000 USD
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109260000 USD
CY2014Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
141886000 USD
CY2014Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
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CY2014Q1 glpi Operating Leases Income Statement Lease Revenue Prior Taxes Paid By Tenant
OperatingLeasesIncomeStatementLeaseRevenuePriorTaxesPaidByTenant
106114000 USD
CY2014Q1 glpi Operating Leases Real Estate Taxes Paid By Tenants
OperatingLeasesRealEstateTaxesPaidByTenants
11998000 USD
CY2013Q1 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
78000 USD
CY2014Q1 us-gaap Assets
Assets
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InterestPaidNet
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InterestPaidNet
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CY2014Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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DeferredTaxAssetsNet
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OtherAssetsCurrent
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Goodwill
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CY2014Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
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OtherAssetsMiscellaneousNoncurrent
13275000 USD
CY2014Q1 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
8135000 USD
CY2014Q1 glpi Accrual For Gaming And Other Taxes Other Than Income Taxes
AccrualForGamingAndOtherTaxesOtherThanIncomeTaxes
23764000 USD
CY2014Q1 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
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OtherLiabilitiesCurrent
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CY2014Q1 us-gaap Long Term Debt
LongTermDebt
2500000000 USD
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DeferredTaxLiabilitiesNoncurrent
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Liabilities
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CY2014Q1 us-gaap Common Stock Value
CommonStockValue
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AdditionalPaidInCapitalCommonStock
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RetainedEarningsAccumulatedDeficit
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CY2014Q1 us-gaap Stockholders Equity
StockholdersEquity
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CY2014Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
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CY2014Q1 us-gaap Accumulated Amortization Of Noncurrent Deferred Finance Costs
AccumulatedAmortizationOfNoncurrentDeferredFinanceCosts
3277000 USD
CY2014Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2014Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
550000000 shares
CY2014Q1 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
118112000 USD
CY2014Q1 us-gaap Food And Beverage Revenue
FoodAndBeverageRevenue
2831000 USD
CY2014Q1 glpi Revenues Before Promotional Allowances
RevenuesBeforePromotionalAllowances
159698000 USD
CY2014Q1 us-gaap Casino Expenses
CasinoExpenses
21562000 USD
CY2014Q1 us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
2546000 USD
CY2014Q1 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
12423000 USD
CY2014Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
20941000 USD
CY2014Q1 us-gaap Operating Expenses
OperatingExpenses
83994000 USD
CY2014Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
546000 USD
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NonoperatingIncomeExpense
-28428000 USD
CY2013Q1 us-gaap Food And Beverage Revenue
FoodAndBeverageRevenue
3215000 USD
CY2013Q1 glpi Revenues Before Promotional Allowances
RevenuesBeforePromotionalAllowances
44295000 USD
CY2013Q1 us-gaap Casino Expenses
CasinoExpenses
23139000 USD
CY2013Q1 us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
2767000 USD
CY2013Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
177000 USD
CY2013Q1 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
189000 USD
CY2014Q1 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
24814000 USD
CY2013Q1 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
406000 USD
CY2013Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
5939000 USD
CY2013Q1 us-gaap Operating Expenses
OperatingExpenses
35839000 USD
CY2013Q1 glpi Management Fee
ManagementFee
1280000 USD
CY2013Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-1280000 USD
CY2014Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
15854000 USD
CY2014Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
-583000 USD
CY2014Q1 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-158000 USD
CY2014Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-898000 USD
CY2014Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
5201000 USD
CY2014Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2007000 USD
CY2013Q1 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
28000 USD
CY2013Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
128000 USD
CY2014Q1 us-gaap Share Based Compensation
ShareBasedCompensation
1951000 USD
CY2013Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
380000 USD
CY2013Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-4000 USD
CY2014Q1 us-gaap Interest Expense
InterestExpense
28974000 USD
CY2014Q1 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
42869000 USD
CY2014Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
45906000 USD
CY2014Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1594000 USD
CY2014Q1 us-gaap Depreciation
Depreciation
26522000 USD
CY2014Q1 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
24002000 USD
CY2013Q1 us-gaap Depreciation
Depreciation
3588000 USD
CY2013Q1 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-510000 USD
CY2013Q1 us-gaap Increase Decrease In Property And Other Taxes Payable
IncreaseDecreaseInPropertyAndOtherTaxesPayable
337000 USD
CY2013Q1 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-10541000 USD
CY2013Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
63000 USD
CY2013Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-3759000 USD
CY2013Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
78000 USD
CY2013Q1 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
896000 USD
CY2013Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
79000 USD
CY2013Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-895000 USD
CY2013Q1 glpi Payments For Advances To Related Party
PaymentsForAdvancesToRelatedParty
-7280000 USD
CY2014Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
13321000 USD
CY2014Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
43000 USD
CY2014Q1 glpi Cash Limitation On Payments Of Purging Distribution
CashLimitationOnPaymentsOfPurgingDistribution
210000000 USD
CY2014Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
88691827 shares
CY2014Q1 glpi Percentage Of Shareholders Who Elected Cash Distribution
PercentageOfShareholdersWhoElectedCashDistribution
0.5430 pure
CY2014Q1 glpi Purging Distribution Cash Dividend Distributed Per Common Share Held By Shareholders Who Elected Cash Distribution
PurgingDistributionCashDividendDistributedPerCommonShareHeldByShareholdersWhoElectedCashDistribution
4.358049
CY2014Q1 glpi Purging Distribution Stock Dividend Distributed Per Common Share Held By Shareholders Who Elected Cash Distribution
PurgingDistributionStockDividendDistributedPerCommonShareHeldByShareholdersWhoElectedCashDistribution
0.195747 shares
CY2014Q1 glpi Purging Distribution Stock Dividend Distributed Per Common Share Held By Shareholders Who Elected Stock Distribution
PurgingDistributionStockDividendDistributedPerCommonShareHeldByShareholdersWhoElectedStockDistribution
0.309784 shares
CY2014Q1 glpi Period Of Trading Days Taken For Calculation Of Volume Weighted Average Price
PeriodOfTradingDaysTakenForCalculationOfVolumeWeightedAveragePrice
P3D
CY2014Q1 us-gaap Share Price
SharePrice
38.2162
CY2014Q1 us-gaap Common Stock Dividends Shares
CommonStockDividendsShares
22000000 shares
CY2014Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.52
CY2014Q1 us-gaap Revenues
Revenues
158328000 USD
CY2014Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
74334000 USD
CY2014Q1 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
182008000 USD
CY2014Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
32000000 USD
CY2013Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
7280000 USD
CY2013Q1 us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
2626000 USD
CY2014Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
79727000 USD
CY2014Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-209959000 USD
CY2014Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-106711000 USD
CY2014Q1 us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
-236943000 USD
CY2013Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
17188000 USD
CY2014Q1 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
41000000 USD
CY2014Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
273000 USD
CY2014Q1 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
-6788000 USD
CY2014Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
270040000 USD
CY2014Q1 glpi Number Of Jurisdictions Across Which Portfolio Of Properties Is Diversified
NumberOfJurisdictionsAcrossWhichPortfolioOfPropertiesIsDiversified
13 item
CY2014Q1 glpi Purging Distribution
PurgingDistribution
1050000000 USD
CY2014Q1 glpi Percentage Of Shareholders Who Elected Stock Distribution Or Made No Election
PercentageOfShareholdersWhoElectedStockDistributionOrMadeNoElection
0.4570 pure
CY2014Q1 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-2202000 USD
CY2014Q1 us-gaap Increase Decrease In Property And Other Taxes Payable
IncreaseDecreaseInPropertyAndOtherTaxesPayable
4975000 USD
CY2014Q1 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-11367000 USD
CY2014Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
1674000 USD
CY2014Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
24002000 USD
CY2014Q1 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
871000 USD
CY2014Q1 us-gaap Dividends Common Stock
DividendsCommonStock
58000000 USD
CY2014Q1 us-gaap Increase In Restricted Cash
IncreaseInRestrictedCash
3356000 USD
CY2014Q1 us-gaap Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
43000000 USD
CY2014Q1 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
140730000 USD
CY2014Q1 glpi Stock Issued During Period Value Dividends Paid Including Purging Distribution
StockIssuedDuringPeriodValueDividendsPaidIncludingPurgingDistribution
-270040000 USD
CY2014Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.52
CY2014Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
28428000 USD
CY2014Q1 glpi Number Of Facilities
NumberOfFacilities
22 facility
CY2014Q1 glpi Number Of Facilities Whose Real Estate Property Is Included In Entity Portfolio
NumberOfFacilitiesWhoseRealEstatePropertyIsIncludedInEntityPortfolio
20 property
CY2014Q1 glpi Number Of Properties Under Development
NumberOfPropertiesUnderDevelopment
2 property
CY2013 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-23456000 USD
CY2014Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-28428000 USD
CY2014Q1 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
24594000 USD
CY2014Q1 us-gaap Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
6995000 USD
CY2014Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
1000000000 USD
CY2014Q1 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
1500000000 USD
CY2014Q1 us-gaap Subsidiary Or Equity Method Investee Cumulative Percentage Ownership After All Transactions
SubsidiaryOrEquityMethodInvesteeCumulativePercentageOwnershipAfterAllTransactions
1.00 pure
CY2014Q1 us-gaap Other Liabilities
OtherLiabilities
129914000 USD

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