$GLPI
Gaming & Leisure Properties, Inc. Stock $glpi

$glpi Overview Financials Valuation SEC Filings Company Website

2018 Q2 Form 10-Q Financial Statement

#000157596518000019 Filed on August 01, 2018

Income Statement

Concept	2018 Q2	2017 Q2
Revenue	$254.2M	$243.4M
YoY Change	4.45%	17.38%
Cost Of Revenue	$46.00M	$45.00M
YoY Change	2.22%	20.64%
Gross Profit	$208.3M	$198.4M
YoY Change	4.99%	16.64%
Gross Profit Margin	81.94%	81.51%
Selling, General & Admin	$24.80M	$14.70M
YoY Change	68.71%	-34.08%
% of Gross Profit	11.91%	7.41%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$27.52M	$28.42M
YoY Change	-3.17%	5.2%
% of Gross Profit	13.21%	14.33%
Operating Expenses	$101.0M	$90.70M
YoY Change	11.34%	4.8%
Operating Profit	$153.2M	$152.7M
YoY Change	0.36%	26.39%
Interest Expense	$57.06M	$54.66M
YoY Change	4.39%	18.99%
% of Operating Profit	37.23%	35.79%
Other Income/Expense, Net	-$59.64M	-$54.17M
YoY Change	10.09%	19.63%
Pretax Income	$93.60M	$98.53M
YoY Change	-5.0%	30.44%
Income Tax	$1.606M	$2.192M
% Of Pretax Income	1.72%	2.22%
Net Earnings	$92.00M	$96.33M
YoY Change	-4.5%	31.49%
Net Earnings / Revenue	36.19%	39.58%
Basic Earnings Per Share	$0.43	$0.46
Diluted Earnings Per Share	$0.43	$0.45
COMMON SHARES
Basic Shares Outstanding	213.6M shares	209.7M shares
Diluted Shares Outstanding	214.6M shares	211.8M shares

Balance Sheet

Concept	2018 Q2	2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$144.5M	$29.50M
YoY Change	389.83%	24.47%
Cash & Equivalents	$144.5M	$29.51M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$144.5M	$29.50M
YoY Change	389.83%	24.47%
LONG-TERM ASSETS
Property, Plant & Equipment	$104.3M	$114.4M
YoY Change	-8.83%	-7.91%
Goodwill	$75.52M	$75.52M
YoY Change	0.0%	0.0%
Intangibles	$9.577M	$9.577M
YoY Change	0.0%	0.0%
Long-Term Investments
YoY Change
Other Assets	$643.9M	$655.2M
YoY Change	-1.72%	8.32%
Total Long-Term Assets	$7.144B	$7.328B
YoY Change	-2.51%	2.84%
TOTAL ASSETS
Total Short-Term Assets	$144.5M	$29.50M
Total Long-Term Assets	$7.144B	$7.328B
Total Assets	$7.289B	$7.357B
YoY Change	-0.93%	2.91%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$500.0K	$400.0K
YoY Change	25.0%	100.0%
Accrued Expenses	$60.20M	$45.40M
YoY Change	32.6%	-7.72%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$60.70M	$45.80M
YoY Change	32.53%	-7.47%
LONG-TERM LIABILITIES
Long-Term Debt	$4.507B	$4.521B
YoY Change	-0.33%	0.18%
Other Long-Term Liabilities	$342.1M	$270.9M
YoY Change	26.28%	35.72%
Total Long-Term Liabilities	$4.849B	$4.792B
YoY Change	1.18%	6.18%
TOTAL LIABILITIES
Total Short-Term Liabilities	$60.70M	$45.80M
Total Long-Term Liabilities	$4.849B	$4.792B
Total Liabilities	$4.910B	$4.838B
YoY Change	1.47%	1.59%
SHAREHOLDERS EQUITY
Retained Earnings	-$1.559B	-$1.400B
YoY Change	11.37%	10.82%
Common Stock	$3.938B	$3.918B
YoY Change	0.49%	7.38%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$2.379B	$2.519B
YoY Change
Total Liabilities & Shareholders Equity	$7.289B	$7.357B
YoY Change	-0.93%	2.91%

Cashflow Statement

Concept	2018 Q2	2017 Q2
OPERATING ACTIVITIES
Net Income	$92.00M	$96.33M
YoY Change	-4.5%	31.49%
Depreciation, Depletion And Amortization	$27.52M	$28.42M
YoY Change	-3.17%	5.2%
Cash From Operating Activities	$119.8M	$107.5M
YoY Change	11.44%	1.03%
INVESTING ACTIVITIES
Capital Expenditures	$14.00K	$60.00K
YoY Change	-76.67%	1400.0%
Acquisitions
YoY Change
Other Investing Activities	$11.30M	$18.30M
YoY Change	-38.25%	40.77%
Cash From Investing Activities	$10.10M	-$57.70M
YoY Change	-117.5%	-98.03%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-30.90M	-43.70M
YoY Change	-29.29%	-101.57%
NET CHANGE
Cash From Operating Activities	119.8M	107.5M
Cash From Investing Activities	10.10M	-57.70M
Cash From Financing Activities	-30.90M	-43.70M
Net Change In Cash	99.00M	6.100M
YoY Change	1522.95%	-116.09%
FREE CASH FLOW
Cash From Operating Activities	$119.8M	$107.5M
Capital Expenditures	$14.00K	$60.00K
Free Cash Flow	$119.8M	$107.4M
YoY Change	11.49%	0.98%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	3098000	USD
	glpi	Paymentsof Premiumand Related Costson Tenderof Senior Unsecured Notes PaymentsofPremiumandRelatedCostsonTenderofSeniorUnsecuredNotes	1884000	USD
	glpi	Proceeds Repayments Relatedto Tax Withholding On Restricted Stock Award Vestings Netof Proceedsfrom Exerciseof Options ProceedsRepaymentsRelatedtoTaxWithholdingOnRestrictedStockAwardVestingsNetofProceedsfromExerciseofOptions	8065000	USD
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	0	USD
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2018
	dei	Document Period End Date DocumentPeriodEndDate	2018-06-30
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0001575965
CY2018Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	213768996	shares
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
	dei	Entity Registrant Name EntityRegistrantName	Gaming & Leisure Properties, Inc.
CY2017Q4	glpi	Capital Leases Net Investmentin Direct Financing Leases Gross Investmentin Direct Financing Lease CapitalLeasesNetInvestmentinDirectFinancingLeasesGrossInvestmentinDirectFinancingLease	3953198000	USD
CY2018Q2	glpi	Capital Leases Net Investmentin Direct Financing Leases Gross Investmentin Direct Financing Lease CapitalLeasesNetInvestmentinDirectFinancingLeasesGrossInvestmentinDirectFinancingLease	3890647000	USD
CY2017Q2	glpi	Gamingand Admission Taxes GamingandAdmissionTaxes	14800000	USD
	glpi	Gamingand Admission Taxes GamingandAdmissionTaxes	29900000	USD
CY2018Q2	glpi	Gamingand Admission Taxes GamingandAdmissionTaxes	15100000	USD
	glpi	Gamingand Admission Taxes GamingandAdmissionTaxes	29300000	USD
CY2017Q2	glpi	Gamingfoodbeverageandotherexpense Gamingfoodbeverageandotherexpense	20669000	USD
	glpi	Gamingfoodbeverageandotherexpense Gamingfoodbeverageandotherexpense	41745000	USD
CY2018Q2	glpi	Gamingfoodbeverageandotherexpense Gamingfoodbeverageandotherexpense	20407000	USD
	glpi	Gamingfoodbeverageandotherexpense Gamingfoodbeverageandotherexpense	40065000	USD
CY2017Q2	glpi	Gamingfoodbeverageandotherrevenue Gamingfoodbeverageandotherrevenue	36272000	USD
	glpi	Gamingfoodbeverageandotherrevenue Gamingfoodbeverageandotherrevenue	74280000	USD
CY2018Q2	glpi	Gamingfoodbeverageandotherrevenue Gamingfoodbeverageandotherrevenue	35889000	USD
	glpi	Gamingfoodbeverageandotherrevenue Gamingfoodbeverageandotherrevenue	70635000	USD
	glpi	Increase Decrease In Intercompany Receivables IncreaseDecreaseInIntercompanyReceivables	0	USD
	glpi	Increase Decrease In Intercompany Receivables IncreaseDecreaseInIntercompanyReceivables	0	USD
CY2017Q2	glpi	Intercompany Dividends And Interest IntercompanyDividendsAndInterest	0	USD
	glpi	Intercompany Dividends And Interest IntercompanyDividendsAndInterest	0	USD
CY2018Q2	glpi	Intercompany Dividends And Interest IntercompanyDividendsAndInterest	0	USD
	glpi	Intercompany Dividends And Interest IntercompanyDividendsAndInterest	0	USD
CY2017Q4	glpi	Intercompany Loan Payable IntercompanyLoanPayable	0	USD
CY2018Q2	glpi	Intercompany Loan Payable IntercompanyLoanPayable	0	USD
CY2017Q4	glpi	Intercompany Loan Receivable IntercompanyLoanReceivable	0	USD
CY2018Q2	glpi	Intercompany Loan Receivable IntercompanyLoanReceivable	0	USD
CY2018Q2	glpi	Land Rightsand Ground Lease Expense LandRightsandGroundLeaseExpense	6444000	USD
	glpi	Land Rightsand Ground Lease Expense LandRightsandGroundLeaseExpense	12976000	USD
CY2018Q2	glpi	Number Of Facilities Whose Real Estate Property Is Included In Entity Portfolio NumberOfFacilitiesWhoseRealEstatePropertyIsIncludedInEntityPortfolio	38	property
CY2017Q2	glpi	Operating Leases Income Statement Lease Revenue And Income From Direct Financing Leases OperatingLeasesIncomeStatementLeaseRevenueAndIncomeFromDirectFinancingLeases	207119000	USD
	glpi	Operating Leases Income Statement Lease Revenue And Income From Direct Financing Leases OperatingLeasesIncomeStatementLeaseRevenueAndIncomeFromDirectFinancingLeases	411824000	USD
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	glpi	Land Rightsand Ground Lease Expense LandRightsandGroundLeaseExpense	11210000	USD
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	glpi	Operating Leases Real Estate Taxes Paid By Tenants OperatingLeasesRealEstateTaxesPaidByTenants	42560000	USD
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	glpi	Operating Leases Real Estate Taxes Paid By Tenants OperatingLeasesRealEstateTaxesPaidByTenants	42761000	USD
	glpi	Payments Of Intercompany Loan PaymentsOfIntercompanyLoan	0	USD
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	glpi	Paymentsof Premiumand Related Costson Tenderof Senior Unsecured Notes PaymentsofPremiumandRelatedCostsonTenderofSeniorUnsecuredNotes	0	USD
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	glpi	Proceedsfromissuanceofcommonstocknetofissuancecosts Proceedsfromissuanceofcommonstocknetofissuancecosts	0	USD
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CY2017Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	3933829000	USD
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	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	6296000	USD
CY2017Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	3887	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	13486	shares
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	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	195529	shares
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	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	1.24
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	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	191868000	USD
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CY2017Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.62
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CY2017Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
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CY2017Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	500000000	shares
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CY2017Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	212717549	shares
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CY2017Q4	us-gaap	Common Stock Value CommonStockValue	2127000	USD
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	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-1280000	USD
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	us-gaap	Depreciation Depreciation	56680000	USD
CY2018Q2	us-gaap	Depreciation Depreciation	27523000	USD
	us-gaap	Depreciation Depreciation	55477000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	61580000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	60932000	USD
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	us-gaap	Dividends Dividends	269537000	USD
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CY2017Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	2192000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	4722000	USD
CY2018Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	1606000	USD
CY2017Q2	us-gaap	Dividends Payable Date Declared Day Month And Year DividendsPayableDateDeclaredDayMonthAndYear	2017-04-25
CY2018Q1	us-gaap	Dividends Payable Date Declared Day Month And Year DividendsPayableDateDeclaredDayMonthAndYear	2018-02-01
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CY2017Q1	us-gaap	Dividends Payable Date Of Record Day Month And Year DividendsPayableDateOfRecordDayMonthAndYear	2017-03-13
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CY2018Q1	us-gaap	Dividends Payable Date Of Record Day Month And Year DividendsPayableDateOfRecordDayMonthAndYear	2018-03-09
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CY2017Q2	us-gaap	Dividends Share Based Compensation DividendsShareBasedCompensation	200000	USD
	us-gaap	Dividends Share Based Compensation DividendsShareBasedCompensation	500000	USD
CY2018Q2	us-gaap	Dividends Share Based Compensation DividendsShareBasedCompensation	200000	USD
	us-gaap	Dividends Share Based Compensation DividendsShareBasedCompensation	400000	USD
CY2017Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.46
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.91
CY2018Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.43
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.88
CY2017Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.45
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.90
CY2018Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.43
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.88
CY2017Q4	us-gaap	Employee Related Liabilities Current And Noncurrent EmployeeRelatedLiabilitiesCurrentAndNoncurrent	10809000	USD
CY2018Q2	us-gaap	Employee Related Liabilities Current And Noncurrent EmployeeRelatedLiabilitiesCurrentAndNoncurrent	17416000	USD
CY2017Q2	us-gaap	Food And Beverage Revenue FoodAndBeverageRevenue	2450000	USD
	us-gaap	Food And Beverage Revenue FoodAndBeverageRevenue	4895000	USD
CY2018Q2	us-gaap	Food And Beverage Revenue FoodAndBeverageRevenue	2415000	USD
	us-gaap	Food And Beverage Revenue FoodAndBeverageRevenue	4603000	USD
	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	-94000	USD
	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	-225000	USD
CY2017Q2	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	USD
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	USD
CY2018Q2	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-3473000	USD
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-3473000	USD
CY2017Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	14656000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	30712000	USD
CY2018Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	24806000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	41266000	USD
CY2017Q4	us-gaap	Goodwill Goodwill	75521000	USD
CY2018Q2	us-gaap	Goodwill Goodwill	75521000	USD
CY2017Q4	us-gaap	Ground Leases Accumulated Amortization GroundLeasesAccumulatedAmortization	16518000	USD
CY2018Q2	us-gaap	Ground Leases Accumulated Amortization GroundLeasesAccumulatedAmortization	21973000	USD
CY2017Q4	us-gaap	Ground Leases Gross GroundLeasesGross	656666000	USD
CY2018Q2	us-gaap	Ground Leases Gross GroundLeasesGross	656666000	USD
CY2017Q4	us-gaap	Ground Leases Net GroundLeasesNet	640148000	USD
CY2018Q2	us-gaap	Ground Leases Net GroundLeasesNet	634693000	USD
CY2017Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	98526000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	195047000	USD
CY2018Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	93604000	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-254000	USD
	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	0	USD
CY2017Q2	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	6424000	USD
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	6424000	USD
CY2018Q2	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	2650000	USD
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	2672000	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-704000	USD
	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	-5794000	USD
	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	6607000	USD
	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	-571000	USD
	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	2367000	USD
	us-gaap	Increase Decrease In Other Accrued Liabilities IncreaseDecreaseInOtherAccruedLiabilities	837000	USD
	us-gaap	Increase Decrease In Other Accrued Liabilities IncreaseDecreaseInOtherAccruedLiabilities	157000	USD
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	1482000	USD
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	572000	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	663000	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	1123000	USD
	us-gaap	Increase Decrease In Property And Other Taxes Payable IncreaseDecreaseInPropertyAndOtherTaxesPayable	-573000	USD
	us-gaap	Increase Decrease In Property And Other Taxes Payable IncreaseDecreaseInPropertyAndOtherTaxesPayable	-119000	USD
CY2017Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	9577000	USD
CY2018Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	9577000	USD
CY2017Q2	us-gaap	Interest Expense InterestExpense	54657000	USD
	us-gaap	Interest Expense InterestExpense	108606000	USD
CY2018Q2	us-gaap	Interest Expense InterestExpense	57055000	USD
	us-gaap	Interest Expense InterestExpense	111123000	USD
CY2017Q2	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	54170000	USD
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	107655000	USD
CY2018Q2	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	56164000	USD
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	109751000	USD
CY2017Q2	us-gaap	Interest Paid Net InterestPaidNet	93874000	USD
	us-gaap	Interest Paid Net InterestPaidNet	102613000	USD
CY2018Q2	us-gaap	Interest Paid Net InterestPaidNet	93861000	USD
	us-gaap	Interest Paid Net InterestPaidNet	102410000	USD
CY2017Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	33241000	USD
CY2018Q2	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	35608000	USD
CY2017Q4	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	0	USD
CY2018Q2	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	0	USD
CY2018Q2	us-gaap	Letters Of Credit Outstanding Amount LettersOfCreditOutstandingAmount	400000	USD
CY2017Q4	us-gaap	Liabilities Liabilities	4788635000	USD
CY2018Q2	us-gaap	Liabilities Liabilities	4909792000	USD
CY2017Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	7246882000	USD
CY2018Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	7288560000	USD
CY2018Q2	us-gaap	Line Of Credit Facility Remaining Borrowing Capacity LineOfCreditFacilityRemainingBorrowingCapacity	1099600000	USD
CY2017Q4	us-gaap	Loans Receivable Net LoansReceivableNet	13000000	USD
CY2018Q2	us-gaap	Loans Receivable Net LoansReceivableNet	13497000	USD
CY2017Q4	us-gaap	Long Term Debt LongTermDebt	4442880000	USD
CY2018Q2	us-gaap	Long Term Debt LongTermDebt	4506744000	USD
CY2018Q2	us-gaap	Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal After Year Five LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalAfterYearFive	2475509000	USD
CY2018Q2	us-gaap	Long Term Debt And Capital Lease Obligations Maturities Repayments Of Principal In Years Two And Three LongTermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearsTwoAndThree	1925258000	USD
CY2018Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Rolling Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextRollingTwelveMonths	156577000	USD
CY2018Q2	us-gaap	Longterm Debt And Capital Lease Obligations Maturities Repayments Of Principal In Years Four And Five LongtermDebtAndCapitalLeaseObligationsMaturitiesRepaymentsOfPrincipalInYearsFourAndFive	284000	USD
	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	-7046000	USD
	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	115418000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-263681000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-217672000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-35605000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	27468000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	292240000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	305622000	USD
CY2017Q2	us-gaap	Net Income Loss NetIncomeLoss	96334000	USD
	us-gaap	Net Income Loss NetIncomeLoss	190325000	USD
CY2018Q2	us-gaap	Net Income Loss NetIncomeLoss	91998000	USD
	us-gaap	Net Income Loss NetIncomeLoss	188770000	USD
CY2017Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	96175000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	190010000	USD
CY2018Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	91869000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	188505000	USD
CY2017Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-54170000	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-107655000	USD
CY2018Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-59637000	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-113224000	USD
CY2018Q2	us-gaap	Number Of Real Estate Properties NumberOfRealEstateProperties	36	property
	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	2	segment
CY2018Q2	us-gaap	Number Of States In Which Entity Operates NumberOfStatesInWhichEntityOperates	14	state
CY2017Q2	us-gaap	Operating Expenses OperatingExpenses	90695000	USD
	us-gaap	Operating Expenses OperatingExpenses	183402000	USD
CY2018Q2	us-gaap	Operating Expenses OperatingExpenses	100980000	USD
	us-gaap	Operating Expenses OperatingExpenses	193179000	USD
CY2017Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	152696000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	302702000	USD
CY2018Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	153241000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	305092000	USD
CY2017Q4	us-gaap	Other Assets OtherAssets	58675000	USD
CY2018Q2	us-gaap	Other Assets OtherAssets	76807000	USD
CY2017Q4	us-gaap	Other Liabilities OtherLiabilities	25411000	USD
CY2018Q2	us-gaap	Other Liabilities OtherLiabilities	27068000	USD
CY2017Q2	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	487000	USD
	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	951000	USD
CY2018Q2	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	891000	USD
	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	1372000	USD
CY2017Q2	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Basic ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic	159000	USD
	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Basic ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic	315000	USD
CY2018Q2	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Basic ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic	129000	USD
	us-gaap	Participating Securities Distributed And Undistributed Earnings Loss Basic ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic	265000	USD
CY2017Q2	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	1245000	USD
	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	1727000	USD
CY2018Q2	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	1162000	USD
	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	1984000	USD
	us-gaap	Payments Of Dividends PaymentsOfDividends	261071000	USD
	us-gaap	Payments Of Dividends PaymentsOfDividends	269537000	USD
CY2017Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	129007000	USD
CY2017Q2	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	131554000	USD
CY2018Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	134490000	USD
CY2018Q2	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	134631000	USD
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	0	USD
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	19745000	USD
CY2017Q2	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	60000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	68000	USD
CY2018Q2	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	14000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	14000	USD
	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	82866000	USD
	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	0	USD
CY2017Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2018Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2017Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2018Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	50000000	shares
CY2017Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2018Q2	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2017Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2018Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2017Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2018Q2	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2017Q4	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	8452000	USD
CY2018Q2	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	4417000	USD
	us-gaap	Proceeds From Collection Of Lease Receivables ProceedsFromCollectionOfLeaseReceivables	35845000	USD
	us-gaap	Proceeds From Collection Of Lease Receivables ProceedsFromCollectionOfLeaseReceivables	29239000	USD
	us-gaap	Proceeds From Collection Of Loans Receivable ProceedsFromCollectionOfLoansReceivable	13200000	USD
	us-gaap	Proceeds From Collection Of Loans Receivable ProceedsFromCollectionOfLoansReceivable	0	USD
	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	100000000	USD
	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	1000000000	USD
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	11000	USD
	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	227000	USD
CY2017Q2	us-gaap	Promotional Allowances PromotionalAllowances	1217000	USD
	us-gaap	Promotional Allowances PromotionalAllowances	2469000	USD
CY2018Q2	us-gaap	Promotional Allowances PromotionalAllowances	1109000	USD
	us-gaap	Promotional Allowances PromotionalAllowances	2155000	USD
CY2017Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	261542000	USD
CY2018Q2	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	262535000	USD
CY2017Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	108293000	USD
CY2018Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	104312000	USD
CY2017Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	857456000	USD
CY2018Q2	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	907205000	USD
CY2017Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	4519501000	USD
CY2018Q2	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	4519300000	USD
CY2017Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	3662045000	USD
CY2018Q2	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	3612095000	USD
CY2017Q2	us-gaap	Real Estate Tax Expense RealEstateTaxExpense	20912000	USD
	us-gaap	Real Estate Tax Expense RealEstateTaxExpense	43055000	USD
CY2018Q2	us-gaap	Real Estate Tax Expense RealEstateTaxExpense	21800000	USD
	us-gaap	Real Estate Tax Expense RealEstateTaxExpense	43395000	USD
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	250055000	USD
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	923601000	USD
CY2017Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-1477709000	USD
CY2018Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-1558886000	USD
CY2017Q2	us-gaap	Revenues Revenues	243391000	USD
	us-gaap	Revenues Revenues	486104000	USD
CY2018Q2	us-gaap	Revenues Revenues	254221000	USD
	us-gaap	Revenues Revenues	498271000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	8256000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	4603000	USD
	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	-7673000	USD
	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	9371000	USD
CY2017Q4	us-gaap	Stockholders Equity StockholdersEquity	2458247000	USD
CY2018Q2	us-gaap	Stockholders Equity StockholdersEquity	2378768000	USD
	us-gaap	Straight Line Rent Adjustments StraightLineRentAdjustments	32738000	USD
	us-gaap	Straight Line Rent Adjustments StraightLineRentAdjustments	33233000	USD
CY2017Q4	us-gaap	Unamortized Debt Issuance Expense UnamortizedDebtIssuanceExpense	38350000	USD
CY2018Q2	us-gaap	Unamortized Debt Issuance Expense UnamortizedDebtIssuanceExpense	50884000	USD
CY2017Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	211802000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	210824000	shares
CY2018Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	214561000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	214506000	shares
CY2017Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	209747000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	208818000	shares
CY2018Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	213579000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	213442000	shares
	us-gaap	Nature Of Operations NatureOfOperations	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"></font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Business and Operations</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Gaming and Leisure Properties, Inc. ("GLPI") is a self-administered and self-managed Pennsylvania real estate investment trust ("REIT"). GLPI (together with its subsidiaries, the "Company") was incorporated on February 13, 2013, as a wholly-owned subsidiary of Penn National Gaming, Inc. ("Penn"). On November 1, 2013, Penn contributed to GLPI, through a series of internal corporate restructurings, substantially all of the assets and liabilities associated with Penn’s real property interests and real estate development business, as well as the assets and liabilities of Hollywood Casino Baton Rouge and Hollywood Casino Perryville, which are referred to as the "TRS Properties," and then spun-off GLPI to holders of Penn's common and preferred stock in a tax-free distribution (the "Spin-Off"). The Company elected on its United States ("U.S.") federal income tax return for its taxable year that began on January 1, 2014 to be treated as a REIT and GLPI, together with its indirect wholly-owned subsidiary, GLP Holdings, Inc., jointly elected to treat each of GLP Holdings, Inc., Louisiana Casino Cruises, Inc. (d/b/a Hollywood Casino Baton Rouge) and Penn Cecil Maryland, Inc. (d/b/a Hollywood Casino Perryville) as a "taxable REIT subsidiary" ("TRS") effective on the first day of the first taxable year of GLPI as a REIT. </font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As a result of the Spin-Off, GLPI owns substantially all of Penn’s former real property assets and leases back most of those assets to Penn for use by its subsidiaries, under a unitary master lease, a triple-net operating lease with an initial term of </font><font style="font-family:inherit;font-size:10pt;">15 years</font><font style="font-family:inherit;font-size:10pt;"> (expiring October 31, 2028) with no purchase option, followed by </font><font style="font-family:inherit;font-size:10pt;">four</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">5</font><font style="font-family:inherit;font-size:10pt;">-year renewal options (exercisable by Penn) on the same terms and conditions (the "Penn Master Lease"), and GLPI also owns and operates the TRS Properties through an indirect wholly-owned subsidiary, GLP Holdings, Inc. In April 2016, the Company acquired substantially all of the real estate assets of Pinnacle Entertainment, Inc. ("Pinnacle") for approximately </font><font style="font-family:inherit;font-size:10pt;">$4.8 billion</font><font style="font-family:inherit;font-size:10pt;">. GLPI leases these assets back to Pinnacle, under a unitary triple-net lease with an initial term of </font><font style="font-family:inherit;font-size:10pt;">10 years</font><font style="font-family:inherit;font-size:10pt;"> (expiring April 30, 2026) with no purchase option, followed by </font><font style="font-family:inherit;font-size:10pt;">five</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">5</font><font style="font-family:inherit;font-size:10pt;">-year renewal options (exercisable by Pinnacle) on the same terms and conditions (the "Pinnacle Master Lease" and together with the Penn Master Lease, the "Master Leases"). </font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">GLPI’s primary business consists of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements. As of </font><font style="font-family:inherit;font-size:10pt;">June 30, 2018</font><font style="font-family:inherit;font-size:10pt;">, GLPI’s portfolio consisted of </font><font style="font-family:inherit;font-size:10pt;">38</font><font style="font-family:inherit;font-size:10pt;"> gaming and related facilities, including the TRS Properties, the real property associated with </font><font style="font-family:inherit;font-size:10pt;">20</font><font style="font-family:inherit;font-size:10pt;"> gaming and related facilities operated by Penn, the real property associated with </font><font style="font-family:inherit;font-size:10pt;">15</font><font style="font-family:inherit;font-size:10pt;"> gaming and related facilities operated by Pinnacle and the real property associated with the Casino Queen in East St. Louis, Illinois.  These facilities are geographically diversified across </font><font style="font-family:inherit;font-size:10pt;">14</font><font style="font-family:inherit;font-size:10pt;"> states and were </font><font style="font-family:inherit;font-size:10pt;">100%</font><font style="font-family:inherit;font-size:10pt;"> occupied at </font><font style="font-family:inherit;font-size:10pt;">June 30, 2018</font><font style="font-family:inherit;font-size:10pt;">. </font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">GLPI expects to grow its portfolio by pursuing opportunities to acquire additional gaming facilities to lease to gaming operators under prudent terms. For example, on December 17, 2017, the Company entered into agreements to purchase </font><font style="font-family:inherit;font-size:10pt;">two</font><font style="font-family:inherit;font-size:10pt;"> additional properties, Plainridge Park Casino and Belterra Park Gaming & Entertainment Center ("Belterra Park") from Penn and Pinnacle, respectively. We will acquire these properties in connection with the proposed acquisition of Pinnacle by Penn pursuant to a definitive agreement and plan of merger between them, also dated December 17, 2017 (the "Merger"). Subject to and concurrently with the completion of the Merger, we have agreed to, among other things, amend our master lease with Pinnacle to allow for the sale by Pinnacle of the operating assets at Ameristar Casino Hotel Kansas City, Ameristar Casino Resort Spa St. Charles and Belterra Casino Resort to Boyd and to enter into a new master lease agreement with Boyd on terms similar to the Company’s existing Master Leases for these properties and the real property underlying Belterra Park. The Plainridge Park Casino will be added to the Pinnacle Master Lease. The transaction is subject to regulatory approval and is expected to close in the fourth quarter of 2018.</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Furthermore, on April 15, 2018, the Company entered into a definitive agreement to acquire the real estate assets of </font><font style="font-family:inherit;font-size:10pt;">six</font><font style="font-family:inherit;font-size:10pt;"> casino properties from Tropicana for </font><font style="font-family:inherit;font-size:10pt;">$1.21 billion</font><font style="font-family:inherit;font-size:10pt;">, exclusive of taxes and transaction fees of approximately </font><font style="font-family:inherit;font-size:10pt;">$40.0 million</font><font style="font-family:inherit;font-size:10pt;">. The assets to be acquired are Tropicana Atlantic City, Tropicana Evansville, Lumiere Place, Tropicana Laughlin, Trop Casino Greenville and The Belle of Baton Rouge. Concurrent with the closing of this transaction, Eldorado will acquire the operating assets of these properties and lease the real estate from the Company through a new master lease with a </font><font style="font-family:inherit;font-size:10pt;">15</font><font style="font-family:inherit;font-size:10pt;">-year initial term and </font><font style="font-family:inherit;font-size:10pt;">four</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">5</font><font style="font-family:inherit;font-size:10pt;">-year renewal periods. Initial annual rent is expected to be </font><font style="font-family:inherit;font-size:10pt;">$110 million</font><font style="font-family:inherit;font-size:10pt;">. Terms of the new lease with Eldorado are similar to the Company's existing Master Leases. The transaction is subject to regulatory approval and is expected to close by the end of 2018.  The Company expects to fund the transaction with a combination of debt and equity, however, based on market conditions the entire transaction could be funded with debt.</font></div></div>

Files In Submission

Name	View Source	Status
0001575965-18-000019-index-headers.html	Edgar Link	pending
0001575965-18-000019-index.html	Edgar Link	pending
0001575965-18-000019.txt	Edgar Link	pending
0001575965-18-000019-xbrl.zip	Edgar Link	pending
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FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
glpi-20180630.xml	Edgar Link	completed
glpi-20180630.xsd	Edgar Link	pending
glpi-20180630_cal.xml	Edgar Link	unprocessable
glpi-20180630_def.xml	Edgar Link	unprocessable
glpi-20180630_lab.xml	Edgar Link	unprocessable
glpi-20180630_pre.xml	Edgar Link	unprocessable
glpi-2018630exhibit103.htm	Edgar Link	pending
glpi-2018630exhibit311.htm	Edgar Link	pending
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$GLPI
Gaming & Leisure Properties, Inc. Stock $glpi

2018 Q2 Form 10-Q Financial Statement

#000157596518000019 Filed on August 01, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$GLPI Gaming & Leisure Properties, Inc. Stock $glpi

2018 Q2 Form 10-Q Financial Statement

#000157596518000019 Filed on August 01, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$GLPI
Gaming & Leisure Properties, Inc. Stock $glpi