2019 Q4 Form 10-K Financial Statement

#000170569620000048 Filed on February 20, 2020

View on sec.gov

Income Statement

Concept 2019 Q4 2019 2018 Q4
Revenue $237.5M $894.8M $226.0M
YoY Change 5.09% -0.35% 20.48%
Cost Of Revenue $4.500M $18.90M $4.500M
YoY Change 0.0% 8.81% 9.06%
Gross Profit $233.0M $875.9M $221.5M
YoY Change 5.19% -0.53% 20.72%
Gross Profit Margin 98.09% 97.89% 97.99%
Selling, General & Admin $5.100M $24.60M $24.50M
YoY Change -79.18% -76.84%
% of Gross Profit 2.19% 2.81% 11.06%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $900.0K $3.831M $900.0K
YoY Change 0.0% 3.93% 19.84%
% of Gross Profit 0.39% 0.44% 0.41%
Operating Expenses $6.000M $28.40M $25.50M
YoY Change -76.47% -79.72% -41.26%
Operating Profit $226.8M $52.30M $195.7M
YoY Change 15.88% -62.65% 35.71%
Interest Expense -$67.30M $248.4M -$50.50M
YoY Change 33.27% 16.8% -179.71%
% of Operating Profit -29.68% 474.93% -25.81%
Other Income/Expense, Net $0.00
YoY Change -100.0%
Pretax Income $101.3M $556.0M $145.2M
YoY Change -30.23% 4.2% 240.56%
Income Tax $600.0K $1.705M $600.0K
% Of Pretax Income 0.59% 0.31% 0.41%
Net Earnings $98.63M $546.0M $142.5M
YoY Change -30.81% 4.27% 234.12%
Net Earnings / Revenue 41.52% 61.02% 63.06%
Basic Earnings Per Share $1.25
Diluted Earnings Per Share $209.1K $1.24 $369.1K
COMMON SHARES
Basic Shares Outstanding 461.0M shares 435.1M shares 370.2M shares
Diluted Shares Outstanding 439.2M shares

Balance Sheet

Concept 2019 Q4 2019 2018 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.102B $1.102B $578.0M
YoY Change 90.66% 90.66%
Cash & Equivalents $1.102B $1.102B $577.9M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $1.102B $1.102B $578.0M
YoY Change 90.66% 90.66%
LONG-TERM ASSETS
Property, Plant & Equipment $70.41M $1.278B $71.51M
YoY Change -1.55% 1.91% -3.75%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $59.00M $59.00M $521.0M
YoY Change -88.68% -88.68%
Other Assets $29.00M $29.00M $21.00M
YoY Change 38.1% 38.1%
Total Long-Term Assets $12.16B $12.16B $10.76B
YoY Change 13.09% 13.1%
TOTAL ASSETS
Total Short-Term Assets $1.102B $1.102B $578.0M
Total Long-Term Assets $12.16B $12.16B $10.76B
Total Assets $13.27B $13.27B $11.33B
YoY Change 17.05% 17.06% 16.36%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.000M $1.000M $1.000M
YoY Change 0.0% 0.0%
Accrued Expenses $75.00M $75.00M $50.00M
YoY Change 50.0% 50.0%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $213.0M $213.0M $167.0M
YoY Change 27.54% 27.54%
LONG-TERM LIABILITIES
Long-Term Debt $4.792B $4.792B $4.122B
YoY Change 16.25% 16.25%
Other Long-Term Liabilities $209.0M $209.0M $139.0M
YoY Change 50.36% 50.36%
Total Long-Term Liabilities $5.001B $5.001B $4.261B
YoY Change 17.37% 17.37%
TOTAL LIABILITIES
Total Short-Term Liabilities $213.0M $213.0M $167.0M
Total Long-Term Liabilities $5.001B $5.001B $4.261B
Total Liabilities $5.217B $5.300B $4.432B
YoY Change 17.69% 17.36% -10.7%
SHAREHOLDERS EQUITY
Retained Earnings $208.1M $187.1M
YoY Change 11.21% 338.55%
Common Stock $4.610M $4.047M
YoY Change 13.91% 34.77%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $7.965B $7.965B $6.817B
YoY Change
Total Liabilities & Shareholders Equity $13.27B $13.27B $11.33B
YoY Change 17.05% 17.06% 16.36%

Cashflow Statement

Concept 2019 Q4 2019 2018 Q4
OPERATING ACTIVITIES
Net Income $98.63M $546.0M $142.5M
YoY Change -30.81% 4.27% 234.12%
Depreciation, Depletion And Amortization $900.0K $3.831M $900.0K
YoY Change 0.0% 3.93% 19.84%
Cash From Operating Activities $245.0M $682.2M $175.6M
YoY Change 39.52% 35.33% 35.66%
INVESTING ACTIVITIES
Capital Expenditures -$281.8M $2.724M -$263.7M
YoY Change 6.86% 203.0% -517158.82%
Acquisitions
YoY Change
Other Investing Activities $276.3M $451.0M -$44.70M
YoY Change -718.12% -222.09% -87747.06%
Cash From Investing Activities -$5.500M -$1.361B -$308.4M
YoY Change -98.22% 19.33% -72.86%
FINANCING ACTIVITIES
Cash Dividend Paid $504.0M
YoY Change 91.85%
Common Stock Issuance & Retirement, Net $694.2M $1.164B $694.2M
YoY Change 0.0% -41.83%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 399.0M $1.183B 586.0M
YoY Change -31.91% 13.95% -48.97%
NET CHANGE
Cash From Operating Activities 245.0M $682.2M 175.6M
Cash From Investing Activities -5.500M -$1.361B -308.4M
Cash From Financing Activities 399.0M $1.183B 586.0M
Net Change In Cash 638.5M $503.4M 453.2M
YoY Change 40.89% 25.53% 219.98%
FREE CASH FLOW
Cash From Operating Activities $245.0M $682.2M $175.6M
Capital Expenditures -$281.8M $2.724M -$263.7M
Free Cash Flow $526.8M $679.4M $439.3M
YoY Change 19.92% 35.03% 239.52%

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554281000 USD
CY2019 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
8084000 USD
CY2019 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
524991000 USD
CY2019 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
5170000 USD
CY2019 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
-42954000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
8048989000 USD
CY2019 us-gaap Profit Loss
ProfitLoss
554281000 USD
CY2018 us-gaap Profit Loss
ProfitLoss
532117000 USD
CY2017Q4 us-gaap Profit Loss
ProfitLoss
44537000 USD
CY2019 us-gaap Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
-239000 USD
CY2018 us-gaap Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
45404000 USD
CY2017Q4 us-gaap Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
8443000 USD
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
5223000 USD
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
2342000 USD
CY2017Q4 us-gaap Share Based Compensation
ShareBasedCompensation
1385000 USD
CY2019 us-gaap Depreciation
Depreciation
3831000 USD
CY2018 us-gaap Depreciation
Depreciation
3686000 USD
CY2017Q4 us-gaap Depreciation
Depreciation
751000 USD
CY2019 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
33034000 USD
CY2018 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
5976000 USD
CY2017Q4 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
156000 USD
CY2019 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
CY2018 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
12334000 USD
CY2017Q4 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
CY2019 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-58143000 USD
CY2018 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-23040000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-348000 USD
CY2017Q4 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1912000 USD
CY2019 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
5635000 USD
CY2018 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
22945000 USD
CY2017Q4 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
7159000 USD
CY2019 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
5969000 USD
CY2018 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-7411000 USD
CY2017Q4 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
21595000 USD
CY2019 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
26735000 USD
CY2018 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-24512000 USD
CY2017Q4 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
68081000 USD
CY2019 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
339000 USD
CY2018 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
25207000 USD
CY2017Q4 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
10449000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
682159000 USD
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
504082000 USD
CY2017Q4 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
129440000 USD
CY2019 vici Payment For Investments In Direct Financing And Sales Type Leases
PaymentForInvestmentsInDirectFinancingAndSalesTypeLeases
1812404000 USD
CY2018 vici Payment For Investments In Direct Financing And Sales Type Leases
PaymentForInvestmentsInDirectFinancingAndSalesTypeLeases
771507000 USD
CY2017Q4 vici Payment For Investments In Direct Financing And Sales Type Leases
PaymentForInvestmentsInDirectFinancingAndSalesTypeLeases
1136200000 USD
CY2019 vici Payments Of Capitalized Transaction Costs
PaymentsOfCapitalizedTransactionCosts
8698000 USD
CY2018 vici Payments Of Capitalized Transaction Costs
PaymentsOfCapitalizedTransactionCosts
6780000 USD
CY2017Q4 vici Payments Of Capitalized Transaction Costs
PaymentsOfCapitalizedTransactionCosts
0 USD
CY2019 vici Payments Fromlease Modification Fee
PaymentsFromleaseModificationFee
0 USD
CY2018 vici Payments Fromlease Modification Fee
PaymentsFromleaseModificationFee
159000000 USD
CY2017Q4 vici Payments Fromlease Modification Fee
PaymentsFromleaseModificationFee
0 USD
CY2019 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
440353000 USD
CY2018 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
942311000 USD
CY2017Q4 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
0 USD
CY2019 us-gaap Proceeds From Sale Maturity And Collection Of Shortterm Investments
ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments
901756000 USD
CY2018 us-gaap Proceeds From Sale Maturity And Collection Of Shortterm Investments
ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments
421434000 USD
CY2017Q4 us-gaap Proceeds From Sale Maturity And Collection Of Shortterm Investments
ProceedsFromSaleMaturityAndCollectionOfShorttermInvestments
0 USD
CY2019 us-gaap Proceeds From Sale Of Land Held For Use
ProceedsFromSaleOfLandHeldForUse
1044000 USD
CY2018 us-gaap Proceeds From Sale Of Land Held For Use
ProceedsFromSaleOfLandHeldForUse
186000 USD
CY2017Q4 us-gaap Proceeds From Sale Of Land Held For Use
ProceedsFromSaleOfLandHeldForUse
0 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2724000 USD
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
899000 USD
CY2017Q4 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
51000 USD
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1361379000 USD
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1140877000 USD
CY2017Q4 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1136251000 USD
CY2019 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
1164307000 USD
CY2018 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
2001493000 USD
CY2017Q4 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
0 USD
CY2019 us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
0 USD
CY2018 us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
0 USD
CY2017Q4 us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
963782000 USD
CY2019 us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
2250000000 USD
CY2018 us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
0 USD
CY2017Q4 us-gaap Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
0 USD
CY2019 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
56055000 USD
CY2018 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1117000 USD
CY2017Q4 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
31501000 USD
CY2019 vici Proceeds From Unrecognized Sale Of Real Estate
ProceedsFromUnrecognizedSaleOfRealEstate
0 USD
CY2018 vici Proceeds From Unrecognized Sale Of Real Estate
ProceedsFromUnrecognizedSaleOfRealEstate
0 USD
CY2017Q4 vici Proceeds From Unrecognized Sale Of Real Estate
ProceedsFromUnrecognizedSaleOfRealEstate
73600000 USD
CY2019 vici Payments Of Mandatory Debt Conversion Costs
PaymentsOfMandatoryDebtConversionCosts
0 USD
CY2018 vici Payments Of Mandatory Debt Conversion Costs
PaymentsOfMandatoryDebtConversionCosts
0 USD
CY2017Q4 vici Payments Of Mandatory Debt Conversion Costs
PaymentsOfMandatoryDebtConversionCosts
13000 USD
CY2019 vici Distributionsto Non Controlling Interests
DistributionstoNonControllingInterests
8084000 USD
CY2018 vici Distributionsto Non Controlling Interests
DistributionstoNonControllingInterests
9800000 USD
CY2017Q4 vici Distributionsto Non Controlling Interests
DistributionstoNonControllingInterests
0 USD
CY2019 us-gaap Payments Of Dividends
PaymentsOfDividends
503958000 USD
CY2018 us-gaap Payments Of Dividends
PaymentsOfDividends
262682000 USD
CY2017Q4 us-gaap Payments Of Dividends
PaymentsOfDividends
0 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1182666000 USD
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1037836000 USD
CY2017Q4 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1148446000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
503446000 USD
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
401041000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
141635000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
598447000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
197406000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
55771000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1101893000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
598447000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
197406000 USD
CY2019 us-gaap Interest Paid Net
InterestPaidNet
209379000 USD
CY2018 us-gaap Interest Paid Net
InterestPaidNet
213309000 USD
CY2017Q4 us-gaap Interest Paid Net
InterestPaidNet
36779000 USD
CY2019 us-gaap Income Taxes Paid
IncomeTaxesPaid
2590000 USD
CY2018 us-gaap Income Taxes Paid
IncomeTaxesPaid
1375000 USD
CY2017Q4 us-gaap Income Taxes Paid
IncomeTaxesPaid
0 USD
CY2019 us-gaap Dividends
Dividends
137149000 USD
CY2018 us-gaap Dividends
Dividends
116503000 USD
CY2017Q4 us-gaap Dividends
Dividends
0 USD
CY2019 vici Debt Prepayment Penalty Reimbursement Receivable
DebtPrepaymentPenaltyReimbursementReceivable
55401000 USD
CY2018 vici Debt Prepayment Penalty Reimbursement Receivable
DebtPrepaymentPenaltyReimbursementReceivable
0 USD
CY2017Q4 vici Debt Prepayment Penalty Reimbursement Receivable
DebtPrepaymentPenaltyReimbursementReceivable
0 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
26516000 USD
CY2018 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 USD
CY2017Q4 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 USD
CY2019 vici Debt Issuance Costs Payable
DebtIssuanceCostsPayable
16066000 USD
CY2018 vici Debt Issuance Costs Payable
DebtIssuanceCostsPayable
0 USD
CY2017Q4 vici Debt Issuance Costs Payable
DebtIssuanceCostsPayable
0 USD
CY2019 vici Changes In Accruals For Additions To Deferred Transaction Costs
ChangesInAccrualsForAdditionsToDeferredTransactionCosts
1314000 USD
CY2018 vici Changes In Accruals For Additions To Deferred Transaction Costs
ChangesInAccrualsForAdditionsToDeferredTransactionCosts
742000 USD
CY2017Q4 vici Changes In Accruals For Additions To Deferred Transaction Costs
ChangesInAccrualsForAdditionsToDeferredTransactionCosts
0 USD
CY2019 vici Transfer Of Investments In Operating Leases To Land
TransferOfInvestmentsInOperatingLeasesToLand
0 USD
CY2018 vici Transfer Of Investments In Operating Leases To Land
TransferOfInvestmentsInOperatingLeasesToLand
22189000 USD
CY2017Q4 vici Transfer Of Investments In Operating Leases To Land
TransferOfInvestmentsInOperatingLeasesToLand
0 USD
CY2019 vici Transfer Of Investments In Direct Financing Leases To Investments In Operating Leases
TransferOfInvestmentsInDirectFinancingLeasesToInvestmentsInOperatingLeases
0 USD
CY2018 vici Transfer Of Investments In Direct Financing Leases To Investments In Operating Leases
TransferOfInvestmentsInDirectFinancingLeasesToInvestmentsInOperatingLeases
10967000 USD
CY2017Q4 vici Transfer Of Investments In Direct Financing Leases To Investments In Operating Leases
TransferOfInvestmentsInDirectFinancingLeasesToInvestmentsInOperatingLeases
0 USD
CY2019Q4 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
26 property
CY2019 us-gaap Use Of Estimates
UseOfEstimates
<div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</span></div><div style="line-height:120%;padding-top:8px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with GAAP requires us to make estimates and assumptions. These estimates and assumptions affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the Financial Statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from these estimates.</span></div>
CY2019 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1101893000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
577883000 USD
CY2019Q4 us-gaap Restricted Cash
RestrictedCash
0 USD
CY2018Q4 us-gaap Restricted Cash
RestrictedCash
20564000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1101893000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
598447000 USD
CY2019Q4 us-gaap Short Term Investments
ShortTermInvestments
59500000 USD
CY2018Q4 us-gaap Short Term Investments
ShortTermInvestments
520900000 USD
CY2019 us-gaap Proceeds From Sale Of Land Heldforinvestment
ProceedsFromSaleOfLandHeldforinvestment
73600000 USD
CY2019 us-gaap Proceeds From Sale Of Land Heldforinvestment
ProceedsFromSaleOfLandHeldforinvestment
73600000 USD
CY2019Q4 us-gaap Deposit Liability Current
DepositLiabilityCurrent
73600000 USD
CY2019Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
11100000 USD
CY2019 us-gaap Property Plant And Equipment Impairment
PropertyPlantAndEquipmentImpairment
<div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Impairment</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">We assess our investments in operating leases, land and property and equipment used in operations for impairment under ASC 360 “Property, Plant and Equipment” (“ASC 360”) on a quarterly basis or whenever certain events or changes in circumstances indicate a possible impairment of the carrying value of the asset. Events or circumstances that may occur include changes in management’s intended holding period or potential sale to a third party, significant changes in real estate market conditions or tenant financial difficulties resulting in non-payment of the lease. We assess our investments in direct financing and sales-type leases for impairment under ASC 310. Under ASC 310, the net investment in the lease is identified for impairment when it becomes probable that we will be unable to collect all rental payments associated with our investment in the lease. </span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Impairments are measured as the amount by which the current book value of the asset exceeds the estimated fair value of the asset. With respect to estimated expected future cash flows for determining whether an asset is impaired, assets are grouped at the lowest level of identifiable cash flows.</span></div>
CY2019 vici Annual Membership Fee
AnnualMembershipFee
10300000 USD
CY2019 vici Usefees Under Golf Course Agreement
UsefeesUnderGolfCourseAgreement
3100000 USD
CY2019 vici Minimum Rounds Fees Under Golf Course Agreement
MinimumRoundsFeesUnderGolfCourseAgreement
1200000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
71500000 USD
CY2019 vici Percentageof Annual Reit Taxable Income
PercentageofAnnualREITTaxableIncome
0.90
CY2019 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Concentrations of Credit Risk </span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Caesars is the guarantor of all the lease payment obligations of the tenants under the respective leases of the properties that it leases from us, with the exception of Harrah’s Las Vegas which is guaranteed by a subsidiary of Caesars. Revenue from the Caesars Lease Agreements represented </span><span style="font-family:inherit;font-size:10pt;"><span>93 %</span></span><span style="font-family:inherit;font-size:10pt;">, </span><span style="font-family:inherit;font-size:10pt;"><span>100%</span></span><span style="font-family:inherit;font-size:10pt;"> and </span><span style="font-family:inherit;font-size:10pt;"><span>100%</span></span><span style="font-family:inherit;font-size:10pt;"> of our lease revenues for the years ended December 31, 2019 and 2018 and the period from October 6, 2017 through December 31, 2017, respectively. Additionally, our properties on the Las Vegas Strip generated approximately </span><span style="font-family:inherit;font-size:10pt;"><span>33%</span></span><span style="font-family:inherit;font-size:10pt;">, </span><span style="font-family:inherit;font-size:10pt;"><span>36%</span></span><span style="font-family:inherit;font-size:10pt;"> and </span><span style="font-family:inherit;font-size:10pt;"><span>28%</span></span><span style="font-family:inherit;font-size:10pt;"> of our lease revenues for the </span><span style="font-family:inherit;font-size:10pt;">years ended December 31, 2019 and 2018</span><span style="font-family:inherit;font-size:10pt;"> and the period from October 6, 2017 through December 31, 2017, respectively. We do not believe there are any other significant concentrations of credit risk.</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Caesars 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 10-K and Form 10-Q and current reports on Form 8-K with the SEC. Caesars’ SEC filings are available to the public from the SEC’s web site at </span><span style="font-family:inherit;font-size:10pt;text-decoration:underline;">www.sec.gov</span><span style="font-family:inherit;font-size:10pt;">. We make no representation as to the accuracy or completeness of the information regarding Caesars that is available through the SEC’s website or otherwise made available by Caesars or any third party, and none of such information is incorporated by reference in this Annual Report on Form 10-K.</span></div>
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
70400000 USD
CY2019Q2 vici Lessor Leasing Arrangements Operating Leases Purchase Price Multiple
LessorLeasingArrangementsOperatingLeasesPurchasePriceMultiple
13.0
CY2019Q2 vici Lessor Leasing Arrangements Operating Leases Denominator Amount Of Propertys Trailing Four Quarters Ebitda At Time Of Acquisition
LessorLeasingArrangementsOperatingLeasesDenominatorAmountOfPropertysTrailingFourQuartersEBITDAAtTimeOfAcquisition
1.3
CY2019Q2 vici Purchase Price Multiplier
PurchasePriceMultiplier
1.3
CY2019Q2 vici Lessor Leasing Arrangements Operating Leases Initial Annual Rent To Be Acquired
LessorLeasingArrangementsOperatingLeasesInitialAnnualRentToBeAcquired
12.5
CY2019Q2 vici Lessor Leasing Arrangements Operating Leases Denominator Amount Of Propertys Trailing Four Quarters Ebitda At Time Of Acquisition
LessorLeasingArrangementsOperatingLeasesDenominatorAmountOfPropertysTrailingFourQuartersEBITDAAtTimeOfAcquisition
1.3
CY2019Q2 vici Purchase Price Multiplier
PurchasePriceMultiplier
1.3
CY2019Q2 vici Lessor Leasing Arrangements Sales Type Lease Percentage Of Aggregate Ebitda Of All Facilities Under Lease Agreement
LessorLeasingArrangementsSalesTypeLeasePercentageOfAggregateEBITDAOfAllFacilitiesUnderLeaseAgreement
0.05
CY2019Q2 vici Master Transaction Agreement Reverse Termination Fee To Be Reimbursed Upon Termination Under Certain Circumstances
MasterTransactionAgreementReverseTerminationFeeToBeReimbursedUponTerminationUnderCertainCircumstances
75000000.0 USD
CY2019Q2 vici Master Transaction Agreement Reverse Termination Fee To Be Reimbursed Upon Termination Under Certain Circumstances
MasterTransactionAgreementReverseTerminationFeeToBeReimbursedUponTerminationUnderCertainCircumstances
75000000.0 USD
CY2017Q4 vici Real Estate Investments Reclassifiedto Land
RealEstateInvestmentsReclassifiedtoLand
73600000 USD
CY2017Q4 us-gaap Deposit Liability Current
DepositLiabilityCurrent
73600000 USD
CY2019 vici Periodof Exerciseof Call Rights
PeriodofExerciseofCallRights
P5Y
CY2019 vici Purchase Price Multiplier
PurchasePriceMultiplier
10
CY2019 vici Purchase Price For The Ratio Of Ebitdar And Initial Propertyof Lease Rent
PurchasePriceForTheRatioOfEBITDARAndInitialPropertyofLeaseRent
1.67
CY2019Q4 vici Sales Type Lease Number Of Casinos
SalesTypeLeaseNumberOfCasinos
26 casino
CY2019 vici Sales Type Lease Number Of Lease Arrangements
SalesTypeLeaseNumberOfLeaseArrangements
8 arrangement
CY2019Q4 us-gaap Sales Type And Direct Financing Leases Lease Receivable
SalesTypeAndDirectFinancingLeasesLeaseReceivable
31460712000 USD
CY2018Q4 us-gaap Sales Type And Direct Financing Leases Lease Receivable
SalesTypeAndDirectFinancingLeasesLeaseReceivable
27285943000 USD
CY2019Q4 us-gaap Direct Financing Lease Unguaranteed Residual Asset
DirectFinancingLeaseUnguaranteedResidualAsset
2525469000 USD
CY2018Q4 us-gaap Direct Financing Lease Unguaranteed Residual Asset
DirectFinancingLeaseUnguaranteedResidualAsset
2135312000 USD
CY2019Q4 vici Gross Investment In Direct Financing And Sales Type Leases
GrossInvestmentInDirectFinancingAndSalesTypeLeases
33986181000 USD
CY2018Q4 vici Gross Investment In Direct Financing And Sales Type Leases
GrossInvestmentInDirectFinancingAndSalesTypeLeases
29421255000 USD
CY2019Q4 vici Direct Financing Lease Unamortized Initial Direct Costs
DirectFinancingLeaseUnamortizedInitialDirectCosts
42819000 USD
CY2018Q4 vici Direct Financing Lease Unamortized Initial Direct Costs
DirectFinancingLeaseUnamortizedInitialDirectCosts
22822000 USD
CY2019Q4 vici Unearned Income
UnearnedIncome
23294755000 USD
CY2018Q4 vici Unearned Income
UnearnedIncome
20528030000 USD
CY2019Q4 vici Investment In Direct Financing And Sales Type Leases Net
InvestmentInDirectFinancingAndSalesTypeLeasesNet
10734245000 USD
CY2018Q4 vici Investment In Direct Financing And Sales Type Leases Net
InvestmentInDirectFinancingAndSalesTypeLeasesNet
8916047000 USD
CY2019Q4 us-gaap Property Subject To Or Available For Operating Lease Net
PropertySubjectToOrAvailableForOperatingLeaseNet
1086658000 USD
CY2018Q4 us-gaap Property Subject To Or Available For Operating Lease Net
PropertySubjectToOrAvailableForOperatingLeaseNet
1086658000 USD
CY2019Q4 us-gaap Net Investment In Lease
NetInvestmentInLease
11820903000 USD
CY2018Q4 us-gaap Net Investment In Lease
NetInvestmentInLease
10002705000 USD
CY2019Q4 us-gaap Land Available For Development
LandAvailableForDevelopment
94711000 USD
CY2018Q4 us-gaap Land Available For Development
LandAvailableForDevelopment
95789000 USD
CY2019Q4 us-gaap Real Estate Investments
RealEstateInvestments
11915614000 USD
CY2018Q4 us-gaap Real Estate Investments
RealEstateInvestments
10098494000 USD
CY2019Q3 vici Lease Agreement Variable Rent Commencement And Reset Terms
LeaseAgreementVariableRentCommencementAndResetTerms
Lease year 8
CY2019 vici Direct Financing Lease And Salestype Lease Revenue
DirectFinancingLeaseAndSalestypeLeaseRevenue
822205000 USD
CY2018 vici Direct Financing Lease And Salestype Lease Revenue
DirectFinancingLeaseAndSalestypeLeaseRevenue
741564000 USD
CY2017Q4 vici Direct Financing Lease And Salestype Lease Revenue
DirectFinancingLeaseAndSalestypeLeaseRevenue
150171000 USD
CY2019 vici Operating Lease Revenue
OperatingLeaseRevenue
43653000 USD
CY2018 vici Operating Lease Revenue
OperatingLeaseRevenue
47972000 USD
CY2017Q4 vici Operating Lease Revenue
OperatingLeaseRevenue
11529000 USD
CY2019 vici Operating Lease Direct Financing Leaseand Salestypelease
OperatingLeaseDirectFinancingLeaseandSalestypelease
865858000 USD
CY2018 vici Operating Lease Direct Financing Leaseand Salestypelease
OperatingLeaseDirectFinancingLeaseandSalestypelease
789536000 USD
CY2017Q4 vici Operating Lease Direct Financing Leaseand Salestypelease
OperatingLeaseDirectFinancingLeaseandSalestypelease
161700000 USD
CY2019 vici Direct Financing And Sales Type Lease Adjustment
DirectFinancingAndSalesTypeLeaseAdjustment
-239000 USD
CY2018 vici Direct Financing And Sales Type Lease Adjustment
DirectFinancingAndSalesTypeLeaseAdjustment
45404000 USD
CY2017Q4 vici Direct Financing And Sales Type Lease Adjustment
DirectFinancingAndSalesTypeLeaseAdjustment
8443000 USD
CY2019 vici Contractual Leasing Revenue
ContractualLeasingRevenue
866097000 USD
CY2018 vici Contractual Leasing Revenue
ContractualLeasingRevenue
744132000 USD
CY2017Q4 vici Contractual Leasing Revenue
ContractualLeasingRevenue
153257000 USD
CY2019Q4 vici Direct Financing Salestypeand Operating Lease Future Minimum Payments Due Next Twelve Months
DirectFinancingSalestypeandOperatingLeaseFutureMinimumPaymentsDueNextTwelveMonths
953949000 USD
CY2019Q4 vici Direct Financing Sales Type And Operating Leases Future Minimum Payments Duein Two Years
DirectFinancingSalesTypeAndOperatingLeasesFutureMinimumPaymentsDueinTwoYears
960374000 USD
CY2019Q4 vici Direct Financing Sales Type And Operating Leases Future Minimum Payments Duein Three Years
DirectFinancingSalesTypeAndOperatingLeasesFutureMinimumPaymentsDueinThreeYears
971004000 USD
CY2019Q4 vici Direct Financing Sales Type And Operating Leases Future Minimum Payments Duein Four Years
DirectFinancingSalesTypeAndOperatingLeasesFutureMinimumPaymentsDueinFourYears
985938000 USD
CY2019Q4 vici Direct Financing Sales Type And Operating Leases Future Minimum Payments Due In Five Years
DirectFinancingSalesTypeAndOperatingLeasesFutureMinimumPaymentsDueInFiveYears
998222000 USD
CY2019Q4 vici Direct Financing Sales Type And Operating Leases Future Minimum Payments Due Thereafter
DirectFinancingSalesTypeAndOperatingLeasesFutureMinimumPaymentsDueThereafter
28024506000 USD
CY2019Q4 vici Direct Financing Sales Type And Operating Leases Future Minimum Payments Due
DirectFinancingSalesTypeAndOperatingLeasesFutureMinimumPaymentsDue
32893993000 USD
CY2019 vici Direct Financing Sales Type And Operating Leases Weighted Average Remaining Lease Term
DirectFinancingSalesTypeAndOperatingLeasesWeightedAverageRemainingLeaseTerm
P33Y
CY2019 vici Percentage Of Net Revenue Of Yearly Minimum Expenditure
PercentageOfNetRevenueOfYearlyMinimumExpenditure
0.01
CY2019 vici Percentage Of Net Revenue Of Yearly Minimum Expenditure
PercentageOfNetRevenueOfYearlyMinimumExpenditure
0.01
CY2017Q4 us-gaap Property Subject To Or Available For Operating Lease Net
PropertySubjectToOrAvailableForOperatingLeaseNet
34700000 USD
CY2019Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
11100000 USD
CY2019Q1 us-gaap Lessee Operating Lease Discount Rate
LesseeOperatingLeaseDiscountRate
0.055
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
70406000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
71513000 USD
CY2019Q4 us-gaap Other Receivables
OtherReceivables
60111000 USD
CY2018Q4 us-gaap Other Receivables
OtherReceivables
0 USD
CY2019Q4 vici Operating Lease Right Of Use Assets Other
OperatingLeaseRightOfUseAssetsOther
26426000 USD
CY2019Q4 vici Other Debt Financing Costs
OtherDebtFinancingCosts
14575000 USD
CY2018Q4 vici Other Debt Financing Costs
OtherDebtFinancingCosts
6190000 USD
CY2019Q4 vici Capitalized Real Estate Acquisition Costs
CapitalizedRealEstateAcquisitionCosts
11134000 USD
CY2018Q4 vici Capitalized Real Estate Acquisition Costs
CapitalizedRealEstateAcquisitionCosts
7062000 USD
CY2019Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
3252000 USD
CY2018Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
3060000 USD
CY2019Q4 us-gaap Interest Receivable
InterestReceivable
1626000 USD
CY2018Q4 us-gaap Interest Receivable
InterestReceivable
886000 USD
CY2019Q4 vici Other Immaterial Assets
OtherImmaterialAssets
1108000 USD
CY2018Q4 vici Other Immaterial Assets
OtherImmaterialAssets
1253000 USD
CY2019Q4 vici Tenant Receivable For Property Taxes
TenantReceivableForPropertyTaxes
0 USD
CY2018Q4 vici Tenant Receivable For Property Taxes
TenantReceivableForPropertyTaxes
25586000 USD
CY2019Q4 us-gaap Other Assets
OtherAssets
188638000 USD
CY2018Q4 us-gaap Other Assets
OtherAssets
115550000 USD
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
78674000 USD
CY2018Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
75950000 USD
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
8268000 USD
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
4437000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
70406000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
71513000 USD
CY2019 us-gaap Depreciation
Depreciation
3831000 USD
CY2018 us-gaap Depreciation
Depreciation
3686000 USD
CY2017Q4 us-gaap Depreciation
Depreciation
751000 USD
CY2019Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
4848480000 USD
CY2019Q4 vici Restricted Net Assets
RestrictedNetAssets
7900000000 USD
CY2019Q2 vici Debt Instrument Total Net Debt To Adjusted Asset Ratio
DebtInstrumentTotalNetDebtToAdjustedAssetRatio
0.65
CY2019Q2 vici Debt Instrument Permitted Acquisitions Consummated
DebtInstrumentPermittedAcquisitionsConsummated
0.70
CY2019Q2 vici Debt Instrument Ebitda To Interest Charges
DebtInstrumentEBITDAToInterestCharges
2.00
CY2019Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
65078000 USD
CY2018Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
22124000 USD
CY2019Q4 vici Operating Salestypeand Direct Financing Leases
OperatingSalestypeandDirectFinancingLeases
26426000 USD
CY2019Q4 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
21023000 USD
CY2018Q4 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
30951000 USD
CY2019Q4 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
7369000 USD
CY2018Q4 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
4934000 USD
CY2019Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
3382000 USD
CY2018Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
3340000 USD
CY2019Q4 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
640000 USD
CY2018Q4 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
1057000 USD
CY2019Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
123918000 USD
CY2018Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
62406000 USD
CY2019Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
4848480000 USD
CY2019Q4 us-gaap Long Term Debt
LongTermDebt
4791563000 USD
CY2017Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
4148480000 USD
CY2017Q4 us-gaap Long Term Debt
LongTermDebt
4122264000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
0 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
0 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
10000000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
520480000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
2068000000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
2250000000 USD
CY2019 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-42954000 USD
CY2018 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-22124000 USD
CY2017Q4 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
0 USD
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P16Y3M18D
CY2019 vici Lessee Operating Lease Number Of Extension Options
LesseeOperatingLeaseNumberOfExtensionOptions
3 option
CY2019Q4 us-gaap Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
P10Y
CY2019Q2 us-gaap Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
P10Y
CY2019Q2 us-gaap Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
P5Y
CY2019Q2 vici Operating Lease Commitments Fixed Annual Rent
OperatingLeaseCommitmentsFixedAnnualRent
900000 USD
CY2019Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
6700000 USD
CY2019Q2 us-gaap Lessee Operating Lease Discount Rate
LesseeOperatingLeaseDiscountRate
0.053
CY2018 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.43
CY2017Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.19
CY2017Q4 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2017Q4 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-1909000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
1485000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
1862000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
1880000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
1899000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
1919000 USD
CY2019Q4 vici Operating Leases Future Minimum Payments Duein Six Years And Thereafter
OperatingLeasesFutureMinimumPaymentsDueinSixYearsAndThereafter
20983000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
30028000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
12290000 USD
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
17738000 USD
CY2019Q4 vici Total Number Of Common And Preferred Shares Authorized
TotalNumberOfCommonAndPreferredSharesAuthorized
750000000 shares
CY2019Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
700000000 shares
CY2019Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2019Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2019Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2018Q1 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
69575000 shares
CY2018Q1 us-gaap Share Price
SharePrice
20.00
CY2018Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
1400000000 USD
CY2018Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1300000000 USD
CY2019Q4 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
34500000 shares
CY2019Q4 vici Offering Forward Price
OfferingForwardPrice
21.00
CY2019Q4 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
724500000 USD
CY2019Q4 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
694200000 USD
CY2019Q2 us-gaap Forward Contract Indexed To Issuers Equity Shares
ForwardContractIndexedToIssuersEquityShares
50000000 shares
CY2019Q2 vici Future Stocktobe Issued During Period Shares Sold Pursuant To The Exercise In Full Of Underwriters Option To Purchase Additional Common Stock
FutureStocktobeIssuedDuringPeriodSharesSoldPursuantToTheExerciseInFullOfUnderwritersOptionToPurchaseAdditionalCommonStock
15000000 shares
CY2019Q2 vici Offering Forward Price
OfferingForwardPrice
21.50
CY2019Q2 vici Offering Stock During Period Value
OfferingStockDuringPeriodValue
1100000000 USD
CY2019Q2 vici Forward Agreementonthe Proceedsfrom Issuanceof Common Stock
ForwardAgreementontheProceedsfromIssuanceofCommonStock
1000000000.0 USD
CY2019Q2 vici Forward Agreement Stock Issued During Period Shares Additional Shares Subject To Forward Sale Agreement
ForwardAgreementStockIssuedDuringPeriodSharesAdditionalSharesSubjectToForwardSaleAgreement
65000000 shares
CY2019Q2 vici Offering Forward Price
OfferingForwardPrice
21.50
CY2017Q4 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
42662000 USD
CY2019 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
545964000 USD
CY2018 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
523619000 USD
CY2018Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
404729616 shares
CY2017Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
300278938 shares
CY2019Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
461004742 shares
CY2018Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
404729616 shares
CY2019 vici Forward Agreement Stock Issued During Period Shares Additional Shares Subject To Forward Sale Agreement
ForwardAgreementStockIssuedDuringPeriodSharesAdditionalSharesSubjectToForwardSaleAgreement
65000000 shares
CY2019Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.2875
CY2019Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.2875
CY2019Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.2975
CY2019Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.2975
CY2018Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.16
CY2018Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.2625
CY2018Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.2875
CY2018Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.2875
CY2018Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.2625
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
435071000 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
367226000 shares
CY2017Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
227829000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
439153000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
367317000 shares
CY2017Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
227985000 shares
CY2019 us-gaap Net Income Loss
NetIncomeLoss
545964000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
523619000 USD
CY2017Q4 us-gaap Net Income Loss
NetIncomeLoss
42662000 USD
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
435071000 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
367226000 shares
CY2017Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
227829000 shares
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.25
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
1693000 USD
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-459000 USD
CY2018 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
1234000 USD
CY2019 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
1146000 USD
CY2017Q4 vici Amountof Outdoor Business Portion Allocatedto Federal Income Taxes
AmountofOutdoorBusinessPortionAllocatedtoFederalIncomeTaxes
0.35 USD
CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
116757000 USD
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
439153000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
367317000 shares
CY2017Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
227985000 shares
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.24
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.43
CY2017Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.19
CY2019Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
7800000 USD
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
P1Y8M12D
CY2017 vici Percentageof Annual Reit Taxable Income
PercentageofAnnualREITTaxableIncome
0.90
CY2017 vici Undistributed Net Taxable Income Subject To Income Tax At Corporate Tax Rate Percent
UndistributedNetTaxableIncomeSubjectToIncomeTaxAtCorporateTaxRatePercent
1
CY2017Q4 vici Tax Cutsand Jobs Actof2017 Incomplete Accounting Changein Tax Rate Deferred Tax Liability Provisional Income Tax Expense Benefit
TaxCutsandJobsActof2017IncompleteAccountingChangeinTaxRateDeferredTaxLiabilityProvisionalIncomeTaxExpenseBenefit
2400000 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
1100000 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
46000 USD
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2018 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
112326000 USD
CY2017Q4 us-gaap Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
-1909000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
563000 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-4000 USD
CY2019 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
559000 USD
CY2018 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
126000 USD
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
81000 USD
CY2018 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
207000 USD
CY2017Q4 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
11000 USD
CY2017Q4 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-3000 USD
CY2017Q4 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
8000 USD
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1663000 USD
CY2019 us-gaap Deferred Federal State And Local Tax Expense Benefit
DeferredFederalStateAndLocalTaxExpenseBenefit
42000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1705000 USD
CY2018 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1819000 USD
CY2018 us-gaap Deferred Federal State And Local Tax Expense Benefit
DeferredFederalStateAndLocalTaxExpenseBenefit
-378000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1441000 USD
CY2017Q4 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
11000 USD
CY2017Q4 us-gaap Deferred Federal State And Local Tax Expense Benefit
DeferredFederalStateAndLocalTaxExpenseBenefit
-1912000 USD
CY2017Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1901000 USD
CY2019Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
0 USD
CY2018Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
0 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
96000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
117000 USD
CY2019Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
96000 USD
CY2018Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
117000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
3478000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
3457000 USD
CY2019Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
3478000 USD
CY2018Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
3457000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
3382000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
3340000 USD
CY2019 vici Amountof Outdoor Business Portion Allocatedto Federal Income Taxes
AmountofOutdoorBusinessPortionAllocatedtoFederalIncomeTaxes
0.21 USD
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2017Q4 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
15414000 USD
CY2017Q4 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2019 vici Effective Income Tax Rate Reconciliation Reit Incomenot Subjectto Federal Income Tax
EffectiveIncomeTaxRateReconciliationREITIncomenotSubjecttoFederalIncomeTax
-115395000 USD
CY2019 vici Effective Tax Rate Reconciliation Rei Tnot Subjectto Federal Income Tax
EffectiveTaxRateReconciliationREITnotSubjecttoFederalIncomeTax
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0 USD
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0 USD
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0 USD
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0 USD
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