2024 Q3 Form 10-Q Financial Statement

#000170569624000099 Filed on July 31, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $964.7M $957.0M
YoY Change 6.67% 6.55%
Cost Of Revenue $6.824M $6.813M
YoY Change 7.77% 3.38%
Gross Profit $957.8M $950.2M
YoY Change 6.67% 6.58%
Gross Profit Margin 99.29% 99.29%
Selling, General & Admin $16.46M $15.77M
YoY Change 14.29% 5.68%
% of Gross Profit 1.72% 1.66%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.008M $992.0K
YoY Change -0.3% 11.84%
% of Gross Profit 0.11% 0.1%
Operating Expenses $5.155M -$6.917M
YoY Change -96.02% -1.51%
Operating Profit $952.7M $957.1M
YoY Change 23.99% 6.51%
Interest Expense -$204.6M -$200.9M
YoY Change -199.83% 3.36%
% of Operating Profit -21.47% -20.99%
Other Income/Expense, Net $19.32M $19.32M
YoY Change 6.25% 4.31%
Pretax Income $746.9M $756.0M
YoY Change 31.94% 7.46%
Income Tax $2.461M $3.234M
% Of Pretax Income 0.33% 0.43%
Net Earnings $732.9M $741.3M
YoY Change 31.74% 7.33%
Net Earnings / Revenue 75.97% 77.46%
Basic Earnings Per Share $0.70 $0.71
Diluted Earnings Per Share $0.70 $0.71
COMMON SHARES
Basic Shares Outstanding 1.047B shares 1.043B shares
Diluted Shares Outstanding 1.048B shares 1.043B shares

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $355.7M $347.2M
YoY Change -30.4% -53.01%
Cash & Equivalents $355.7M $347.2M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $355.7M $347.2M
YoY Change -30.4% -53.01%
LONG-TERM ASSETS
Property, Plant & Equipment $70.26M $69.91M
YoY Change 5.82% -93.2%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $1.551B $1.461B
YoY Change 132.95%
Other Assets $36.18M $36.53M
YoY Change 34.0% 13.91%
Total Long-Term Assets $44.56B $44.16B
YoY Change 5.3% 6.39%
TOTAL ASSETS
Total Short-Term Assets $355.7M $347.2M
Total Long-Term Assets $44.56B $44.16B
Total Assets $44.92B $44.51B
YoY Change 4.87% 5.35%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $233.9M $256.9M
YoY Change -10.72% 1.83%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $15.84M $0.00
YoY Change
Total Short-Term Liabilities $707.7M $694.7M
YoY Change 2.72% 6.91%
LONG-TERM LIABILITIES
Long-Term Debt $17.59B $17.59B
YoY Change 0.53% 1.06%
Other Long-Term Liabilities $90.65M $92.55M
YoY Change -12.84% -10.25%
Total Long-Term Liabilities $17.68B $17.69B
YoY Change 0.45% 0.99%
TOTAL LIABILITIES
Total Short-Term Liabilities $707.7M $694.7M
Total Long-Term Liabilities $17.68B $17.69B
Total Liabilities $18.40B $18.38B
YoY Change 0.54% -0.8%
SHAREHOLDERS EQUITY
Retained Earnings $1.711B $1.431B
YoY Change 162.3% 176.27%
Common Stock $10.47M $10.43M
YoY Change 2.99% 3.55%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $26.11B $25.72B
YoY Change
Total Liabilities & Shareholders Equity $44.92B $44.51B
YoY Change 4.87% 5.35%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income $732.9M $741.3M
YoY Change 31.74% 7.33%
Depreciation, Depletion And Amortization $1.008M $992.0K
YoY Change -0.3% 11.84%
Cash From Operating Activities $579.1M $614.6M
YoY Change 4.88% 15.88%
INVESTING ACTIVITIES
Capital Expenditures $153.3M $106.7M
YoY Change -59.59% 986.43%
Acquisitions
YoY Change
Other Investing Activities -$88.31M -$205.2M
YoY Change -75.1% -176.6%
Cash From Investing Activities -$241.6M -$311.9M
YoY Change -67.09% -220.84%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -329.3M -441.2M
YoY Change 622.13% 48.3%
NET CHANGE
Cash From Operating Activities 579.1M 614.6M
Cash From Investing Activities -241.6M -311.9M
Cash From Financing Activities -329.3M -441.2M
Net Change In Cash 8.189M -138.4M
YoY Change -103.6% -128.19%
FREE CASH FLOW
Cash From Operating Activities $579.1M $614.6M
Capital Expenditures $153.3M $106.7M
Free Cash Flow $425.8M $507.9M
YoY Change 146.4% -2.42%

Facts In Submission

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us-gaap Prior Period Reclassification Adjustment Description
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us-gaap Use Of Estimates
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<div style="margin-top:9pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:9pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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 materially from these estimates.</span></div><div style="margin-top:9pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Operating results for the three and six months ended June 30, 2024 are not necessarily indicative of the results that may be expected for the year ending December 31, 2024.</span></div>
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us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-top:8pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Concentrations of Credit Risk </span></div><div style="margin-top:8pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">MGM Resorts International (together with, as the context requires, its subsidiaries, “MGM”) and Caesars are the guarantors of all the lease payment obligations of the tenants under the applicable leases of the properties that they each respectively lease from us. Revenue from our lease agreements with MGM represented 38% of our lease revenues for each of the three and six months ended June 30, 2024, and 40% and 39% of our lease revenues for the three and six months ended June 30, 2023, respectively. Contractual rent from our lease agreements with MGM represented 36% of our total contractual rent for each of the three and six months ended June 30, 2024, and 34% and 36% of our total contractual rent for the three and six months ended June 30, 2023, respectively. Revenue from our lease agreements with Caesars represented 36% of our lease revenues for each of the three and six months ended June 30, 2024, and 37% and 38% of our lease revenues for the three and six months ended June 30, 2023, respectively. Contractual rent from our lease agreements with Caesars represented 38% of our total contractual rent for each of the three and six months ended June 30, 2024, and 41% and 40% of our total contractual rent for the three and six months ended June 30, 2023, respectively. </span></div><div style="margin-top:8pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Additionally, our properties on the Las Vegas Strip generated approximately 48% of our lease revenues for each of the three and six months ended June 30, 2024, and 49% of our lease revenues for each of the three and six months ended June 30, 2023. Other than having two tenants from which we derive and will continue to derive a substantial portion of our revenue and our concentration in the Las Vegas market, we do not believe there are any other significant concentrations of credit risk.</span></div>
CY2024Q2 vici Loan Portfolio Maximum Principal Amount
LoanPortfolioMaximumPrincipalAmount
365000000 usd
CY2024Q2 vici Sales Type Lease Number Of Casinos
SalesTypeLeaseNumberOfCasinos
26 casino
vici Sales Type Lease Number Of Lease Arrangements
SalesTypeLeaseNumberOfLeaseArrangements
10 leasearrangement
CY2024Q2 vici Financing Receivable Investment In Lease Number Of Casinos
FinancingReceivableInvestmentInLeaseNumberOfCasinos
28 casino
CY2024Q2 vici Financing Receivable Investment In Lease Number Of Other Experiential Properties
FinancingReceivableInvestmentInLeaseNumberOfOtherExperientialProperties
39 property
vici Financing Receivable Investment In Lease Number Of Lease Arrangements
FinancingReceivableInvestmentInLeaseNumberOfLeaseArrangements
10 leasearrangement
CY2024Q2 vici Financing Receivable Investment In Loans Number Of Loans And Securities
FinancingReceivableInvestmentInLoansNumberOfLoansAndSecurities
16 loan
CY2024Q2 us-gaap Net Investment In Lease Excluding Accrued Interest After Allowance For Credit Loss
NetInvestmentInLeaseExcludingAccruedInterestAfterAllowanceForCreditLoss
23189566000 usd
CY2023Q4 us-gaap Net Investment In Lease Excluding Accrued Interest After Allowance For Credit Loss
NetInvestmentInLeaseExcludingAccruedInterestAfterAllowanceForCreditLoss
23015931000 usd
CY2024Q2 vici Financing Receivables Operating Leases Net Investment In Lease Before Investment In Loans
FinancingReceivablesOperatingLeasesNetInvestmentInLeaseBeforeInvestmentInLoans
41527447000 usd
CY2023Q4 vici Financing Receivables Operating Leases Net Investment In Lease Before Investment In Loans
FinancingReceivablesOperatingLeasesNetInvestmentInLeaseBeforeInvestmentInLoans
41227033000 usd
CY2024Q2 us-gaap Land Available For Development
LandAvailableForDevelopment
150727000 usd
CY2023Q4 us-gaap Land Available For Development
LandAvailableForDevelopment
150727000 usd
CY2024Q2 us-gaap Real Estate Investments
RealEstateInvestments
43139372000 usd
CY2023Q4 us-gaap Real Estate Investments
RealEstateInvestments
42521937000 usd
CY2024Q2 vici Sales Type Lease And Financing Receivable Unguaranteed Residual Asset
SalesTypeLeaseAndFinancingReceivableUnguaranteedResidualAsset
16500000000 usd
CY2023Q4 vici Sales Type Lease And Financing Receivable Unguaranteed Residual Asset
SalesTypeLeaseAndFinancingReceivableUnguaranteedResidualAsset
15900000000 usd
CY2024Q2 vici Total Lease Revenue Including Contingent Rent
TotalLeaseRevenueIncludingContingentRent
893766000 usd
CY2023Q2 vici Total Lease Revenue Including Contingent Rent
TotalLeaseRevenueIncludingContingentRent
851840000 usd
vici Total Lease Revenue Including Contingent Rent
TotalLeaseRevenueIncludingContingentRent
1787471000 usd
vici Total Lease Revenue Including Contingent Rent
TotalLeaseRevenueIncludingContingentRent
1685073000 usd
CY2024Q2 vici Sales Type And Lease Financing Receivable Adjustment
SalesTypeAndLeaseFinancingReceivableAdjustment
-131337000 usd
CY2023Q2 vici Sales Type And Lease Financing Receivable Adjustment
SalesTypeAndLeaseFinancingReceivableAdjustment
-129543000 usd
vici Sales Type And Lease Financing Receivable Adjustment
SalesTypeAndLeaseFinancingReceivableAdjustment
-267045000 usd
vici Sales Type And Lease Financing Receivable Adjustment
SalesTypeAndLeaseFinancingReceivableAdjustment
-252383000 usd
CY2024Q2 vici Contractual Leasing Revenue
ContractualLeasingRevenue
762429000 usd
CY2023Q2 vici Contractual Leasing Revenue
ContractualLeasingRevenue
722297000 usd
vici Contractual Leasing Revenue
ContractualLeasingRevenue
1520426000 usd
vici Contractual Leasing Revenue
ContractualLeasingRevenue
1432690000 usd
CY2024Q2 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Remainder Of Fiscal Year
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedRemainderOfFiscalYear
855002000 usd
CY2024Q2 vici Financing Receivable To Be Received Remainder Of Fiscal Year
FinancingReceivableToBeReceivedRemainderOfFiscalYear
619436000 usd
CY2024Q2 vici Sales Type And Financing Receivables Lease Receivable To Be Received Remainder Of Fiscal Year
SalesTypeAndFinancingReceivablesLeaseReceivableToBeReceivedRemainderOfFiscalYear
1474438000 usd
CY2024Q2 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Next Twelve Months
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedNextTwelveMonths
1752047000 usd
CY2024Q2 vici Financing Receivable To Be Received Due Year One
FinancingReceivableToBeReceivedDueYearOne
1255417000 usd
CY2024Q2 vici Sales Type And Financing Receivables Lease Receivable To Be Received Due In Twelve Months
SalesTypeAndFinancingReceivablesLeaseReceivableToBeReceivedDueInTwelveMonths
3007464000 usd
CY2024Q2 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Two Years
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedTwoYears
1778545000 usd
CY2024Q2 vici Financing Receivable To Be Received Due Year Two
FinancingReceivableToBeReceivedDueYearTwo
1278690000 usd
CY2024Q2 vici Sales Type And Financing Receivables Lease Receivable To Be Received Due In Two Years
SalesTypeAndFinancingReceivablesLeaseReceivableToBeReceivedDueInTwoYears
3057235000 usd
CY2024Q2 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Three Years
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedThreeYears
1805828000 usd
CY2024Q2 vici Financing Receivable To Be Received Due Year Three
FinancingReceivableToBeReceivedDueYearThree
1302531000 usd
CY2024Q2 vici Sales Type And Financing Receivables Lease Receivable To Be Received Due In Three Years
SalesTypeAndFinancingReceivablesLeaseReceivableToBeReceivedDueInThreeYears
3108359000 usd
CY2024Q2 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Four Years
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedFourYears
1834319000 usd
CY2024Q2 vici Financing Receivable To Be Received Due Year Four
FinancingReceivableToBeReceivedDueYearFour
1327089000 usd
CY2024Q2 vici Sales Type And Financing Receivables Lease Receivable To Be Received Due In Four Years
SalesTypeAndFinancingReceivablesLeaseReceivableToBeReceivedDueInFourYears
3161408000 usd
CY2024Q2 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Five Years
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedFiveYears
1863765000 usd
CY2024Q2 vici Financing Receivable To Be Received Due Year Five
FinancingReceivableToBeReceivedDueYearFive
1352127000 usd
CY2024Q2 vici Sales Type And Financing Receivables Lease Receivable To Be Received Due Year Five
SalesTypeAndFinancingReceivablesLeaseReceivableToBeReceivedDueYearFive
3215892000 usd
CY2024Q2 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Thereafter
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedThereafter
79371652000 usd
CY2024Q2 vici Financing Receivable To Be Received Due Thereafter
FinancingReceivableToBeReceivedDueThereafter
88462442000 usd
CY2024Q2 vici Sales Type And Financing Receivables Lease Receivable To Be Received Due Thereafter
SalesTypeAndFinancingReceivablesLeaseReceivableToBeReceivedDueThereafter
167834094000 usd
CY2024Q2 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceived
89261158000 usd
CY2024Q2 vici Financing Receivable To Be Received Due
FinancingReceivableToBeReceivedDue
95597732000 usd
CY2024Q2 vici Sales Type And Financing Receivables Lease Receivable To Be Received Due
SalesTypeAndFinancingReceivablesLeaseReceivableToBeReceivedDue
184858890000 usd
vici Direct Financing And Sales Type Lease Weighted Average Lease Term
DirectFinancingAndSalesTypeLeaseWeightedAverageLeaseTerm
P37Y6M
vici Financing Receivable Weighted Average Remaining Lease Term
FinancingReceivableWeightedAverageRemainingLeaseTerm
P48Y3M18D
vici Sales Type And Financing Receivables Lease Receivable To Be Received Weighted Average Lease Term
SalesTypeAndFinancingReceivablesLeaseReceivableToBeReceivedWeightedAverageLeaseTerm
P42Y3M18D
CY2024Q2 vici Lease Arrangement Number Of Properties
LeaseArrangementNumberOfProperties
93 property
CY2024Q2 vici Lease Arrangement Number Of Lease Agreement
LeaseArrangementNumberOfLeaseAgreement
18 leasearrangement
CY2024Q2 vici Lease Agreement Amount Required To Be Spent On Minimum Capital Expenditures
LeaseAgreementAmountRequiredToBeSpentOnMinimumCapitalExpenditures
380300000 usd
CY2024Q2 vici Real Estate Investments Minimum Amount To Be Expended Across Certain Affiliates And Other Assets
RealEstateInvestmentsMinimumAmountToBeExpendedAcrossCertainAffiliatesAndOtherAssets
531900000 usd
CY2024Q2 vici Lease Agreement Amount Required To Be Spent On Minimum Capital Expenditures
LeaseAgreementAmountRequiredToBeSpentOnMinimumCapitalExpenditures
380300000 usd
CY2024Q2 vici Principal Balance
PrincipalBalance
1489268000 usd
CY2024Q2 vici Financing Receivable Weighted Average Interest Rate
FinancingReceivableWeightedAverageInterestRate
0.090
CY2024Q2 vici Financing Receivable Weighted Average Term
FinancingReceivableWeightedAverageTerm
P4Y9M18D
CY2023Q4 vici Principal Balance
PrincipalBalance
1176111000 usd
CY2023Q4 vici Financing Receivable Weighted Average Interest Rate
FinancingReceivableWeightedAverageInterestRate
0.090
CY2024Q1 vici Financing Receivable Weighted Average Term
FinancingReceivableWeightedAverageTerm
P5Y1M6D
CY2024Q2 us-gaap Net Investment In Lease Excluding Accrued Interest Before Allowance For Credit Loss
NetInvestmentInLeaseExcludingAccruedInterestBeforeAllowanceForCreditLoss
23952241000 usd
CY2024Q2 us-gaap Net Investment In Lease Allowance For Credit Loss Excluding Accrued Interest
NetInvestmentInLeaseAllowanceForCreditLossExcludingAccruedInterest
762675000 usd
CY2024Q2 us-gaap Net Investment In Lease Excluding Accrued Interest After Allowance For Credit Loss
NetInvestmentInLeaseExcludingAccruedInterestAfterAllowanceForCreditLoss
23189566000 usd
vici Net Investment In Lease Excluding Accrued Interest Allowance For Credit Loss Percentage
NetInvestmentInLeaseExcludingAccruedInterestAllowanceForCreditLossPercentage
0.0318
CY2024Q2 vici Other Assets Sales Type Sub Leases Excluding Accrued Interest Before Allowance For Credit Losses
OtherAssetsSalesTypeSubLeasesExcludingAccruedInterestBeforeAllowanceForCreditLosses
865886000 usd
CY2024Q2 vici Other Assets Sales Type Sub Leases Excluding Accrued Interest After Allowance For Credit Loss
OtherAssetsSalesTypeSubLeasesExcludingAccruedInterestAfterAllowanceForCreditLoss
845866000 usd
vici Other Assets Sales Type Sub Leases Excluding Accrued Interest Allowance For Credit Losses Percentage
OtherAssetsSalesTypeSubLeasesExcludingAccruedInterestAllowanceForCreditLossesPercentage
0.0231
CY2024Q2 vici Financing Receivables Net Investment In Lease And Loans Excluding Accrued Interest Amortized Cost
FinancingReceivablesNetInvestmentInLeaseAndLoansExcludingAccruedInterestAmortizedCost
45350325000 usd
CY2024Q2 vici Financing Receivables Net Investment In Lease And Loans Excluding Accrued Interest And Off Balance Sheet Credit Loss Allowance For Credit Loss
FinancingReceivablesNetInvestmentInLeaseAndLoansExcludingAccruedInterestAndOffBalanceSheetCreditLossAllowanceForCreditLoss
1515814000 usd
CY2024Q2 vici Financing Receivables Net Investment In Lease And Loans Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivablesNetInvestmentInLeaseAndLoansExcludingAccruedInterestAfterAllowanceForCreditLoss
43834511000 usd
vici Financing Receivables Net Investment In Lease And Loans Excluding Accrued Interest Allowance For Credit Loss Percentage
FinancingReceivablesNetInvestmentInLeaseAndLoansExcludingAccruedInterestAllowanceForCreditLossPercentage
0.0334
CY2023Q4 us-gaap Net Investment In Lease Excluding Accrued Interest Before Allowance For Credit Loss
NetInvestmentInLeaseExcludingAccruedInterestBeforeAllowanceForCreditLoss
23717060000 usd
CY2023Q4 us-gaap Net Investment In Lease Allowance For Credit Loss Excluding Accrued Interest
NetInvestmentInLeaseAllowanceForCreditLossExcludingAccruedInterest
701129000 usd
CY2023Q4 us-gaap Net Investment In Lease Excluding Accrued Interest After Allowance For Credit Loss
NetInvestmentInLeaseExcludingAccruedInterestAfterAllowanceForCreditLoss
23015931000 usd
CY2023 vici Net Investment In Lease Excluding Accrued Interest Allowance For Credit Loss Percentage
NetInvestmentInLeaseExcludingAccruedInterestAllowanceForCreditLossPercentage
0.0296
CY2023Q4 vici Other Assets Sales Type Sub Leases Excluding Accrued Interest Before Allowance For Credit Losses
OtherAssetsSalesTypeSubLeasesExcludingAccruedInterestBeforeAllowanceForCreditLosses
866052000 usd
CY2023Q4 vici Other Assets Sales Type Sub Leases Excluding Accrued Interest After Allowance For Credit Loss
OtherAssetsSalesTypeSubLeasesExcludingAccruedInterestAfterAllowanceForCreditLoss
847330000 usd
CY2023 vici Other Assets Sales Type Sub Leases Excluding Accrued Interest Allowance For Credit Losses Percentage
OtherAssetsSalesTypeSubLeasesExcludingAccruedInterestAllowanceForCreditLossesPercentage
0.0216
CY2023Q4 vici Financing Receivables Net Investment In Lease And Loans Excluding Accrued Interest Amortized Cost
FinancingReceivablesNetInvestmentInLeaseAndLoansExcludingAccruedInterestAmortizedCost
44671795000 usd
CY2023Q4 vici Financing Receivables Net Investment In Lease And Loans Excluding Accrued Interest And Off Balance Sheet Credit Loss Allowance For Credit Loss
FinancingReceivablesNetInvestmentInLeaseAndLoansExcludingAccruedInterestAndOffBalanceSheetCreditLossAllowanceForCreditLoss
1453255000 usd
CY2023Q4 vici Financing Receivables Net Investment In Lease And Loans Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivablesNetInvestmentInLeaseAndLoansExcludingAccruedInterestAfterAllowanceForCreditLoss
43218540000 usd
CY2023 vici Financing Receivables Net Investment In Lease And Loans Excluding Accrued Interest Allowance For Credit Loss Percentage
FinancingReceivablesNetInvestmentInLeaseAndLoansExcludingAccruedInterestAllowanceForCreditLossPercentage
0.0325
CY2024Q2 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
18700000 usd
CY2023Q4 us-gaap Off Balance Sheet Credit Loss Liability
OffBalanceSheetCreditLossLiability
19100000 usd
CY2024Q1 vici Financing Receivables Net Investment In Lease And Loans Excluding Accrued Interest Allowance For Credit Loss
FinancingReceivablesNetInvestmentInLeaseAndLoansExcludingAccruedInterestAllowanceForCreditLoss
1578088000 usd
CY2023Q1 vici Financing Receivables Net Investment In Lease And Loans Excluding Accrued Interest Allowance For Credit Loss
FinancingReceivablesNetInvestmentInLeaseAndLoansExcludingAccruedInterestAllowanceForCreditLoss
1480109000 usd
CY2022Q4 vici Financing Receivables Net Investment In Lease And Loans Excluding Accrued Interest Allowance For Credit Loss
FinancingReceivablesNetInvestmentInLeaseAndLoansExcludingAccruedInterestAllowanceForCreditLoss
1368819000 usd
CY2024Q2 vici Financing Receivables Net Investment In Lease And Loans Excluding Accrued Interest Allowance For Credit Loss Increase In Current Period Investments
FinancingReceivablesNetInvestmentInLeaseAndLoansExcludingAccruedInterestAllowanceForCreditLossIncreaseInCurrentPeriodInvestments
2231000 usd
CY2023Q2 vici Financing Receivables Net Investment In Lease And Loans Excluding Accrued Interest Allowance For Credit Loss Increase In Current Period Investments
FinancingReceivablesNetInvestmentInLeaseAndLoansExcludingAccruedInterestAllowanceForCreditLossIncreaseInCurrentPeriodInvestments
0 usd
vici Financing Receivables Net Investment In Lease And Loans Excluding Accrued Interest Allowance For Credit Loss Increase In Current Period Investments
FinancingReceivablesNetInvestmentInLeaseAndLoansExcludingAccruedInterestAllowanceForCreditLossIncreaseInCurrentPeriodInvestments
2914000 usd
vici Financing Receivables Net Investment In Lease And Loans Excluding Accrued Interest Allowance For Credit Loss Increase In Current Period Investments
FinancingReceivablesNetInvestmentInLeaseAndLoansExcludingAccruedInterestAllowanceForCreditLossIncreaseInCurrentPeriodInvestments
234064000 usd
CY2024Q2 vici Financing Receivables Net Investment In Lease And Loans Excluding Accrued Interest Allowance For Credit Loss Expense Reversal
FinancingReceivablesNetInvestmentInLeaseAndLoansExcludingAccruedInterestAllowanceForCreditLossExpenseReversal
-45804000 usd
CY2023Q2 vici Financing Receivables Net Investment In Lease And Loans Excluding Accrued Interest Allowance For Credit Loss Expense Reversal
FinancingReceivablesNetInvestmentInLeaseAndLoansExcludingAccruedInterestAllowanceForCreditLossExpenseReversal
-40941000 usd
vici Financing Receivables Net Investment In Lease And Loans Excluding Accrued Interest Allowance For Credit Loss Expense Reversal
FinancingReceivablesNetInvestmentInLeaseAndLoansExcludingAccruedInterestAllowanceForCreditLossExpenseReversal
59215000 usd
vici Financing Receivables Net Investment In Lease And Loans Excluding Accrued Interest Allowance For Credit Loss Expense Reversal
FinancingReceivablesNetInvestmentInLeaseAndLoansExcludingAccruedInterestAllowanceForCreditLossExpenseReversal
-163715000 usd
CY2024Q2 vici Financing Receivables Net Investment In Lease And Loans Excluding Accrued Interest Allowance For Credit Loss Chargeoffs
FinancingReceivablesNetInvestmentInLeaseAndLoansExcludingAccruedInterestAllowanceForCreditLossChargeoffs
0 usd
CY2023Q2 vici Financing Receivables Net Investment In Lease And Loans Excluding Accrued Interest Allowance For Credit Loss Chargeoffs
FinancingReceivablesNetInvestmentInLeaseAndLoansExcludingAccruedInterestAllowanceForCreditLossChargeoffs
0 usd
vici Financing Receivables Net Investment In Lease And Loans Excluding Accrued Interest Allowance For Credit Loss Chargeoffs
FinancingReceivablesNetInvestmentInLeaseAndLoansExcludingAccruedInterestAllowanceForCreditLossChargeoffs
0 usd
vici Financing Receivables Net Investment In Lease And Loans Excluding Accrued Interest Allowance For Credit Loss Chargeoffs
FinancingReceivablesNetInvestmentInLeaseAndLoansExcludingAccruedInterestAllowanceForCreditLossChargeoffs
0 usd
CY2024Q2 vici Financing Receivables Net Investment In Lease And Loans Excluding Accrued Interest Allowance For Credit Loss Recovery
FinancingReceivablesNetInvestmentInLeaseAndLoansExcludingAccruedInterestAllowanceForCreditLossRecovery
0 usd
CY2023Q2 vici Financing Receivables Net Investment In Lease And Loans Excluding Accrued Interest Allowance For Credit Loss Recovery
FinancingReceivablesNetInvestmentInLeaseAndLoansExcludingAccruedInterestAllowanceForCreditLossRecovery
0 usd
vici Financing Receivables Net Investment In Lease And Loans Excluding Accrued Interest Allowance For Credit Loss Recovery
FinancingReceivablesNetInvestmentInLeaseAndLoansExcludingAccruedInterestAllowanceForCreditLossRecovery
0 usd
vici Financing Receivables Net Investment In Lease And Loans Excluding Accrued Interest Allowance For Credit Loss Recovery
FinancingReceivablesNetInvestmentInLeaseAndLoansExcludingAccruedInterestAllowanceForCreditLossRecovery
0 usd
CY2024Q2 vici Financing Receivables Net Investment In Lease And Loans Excluding Accrued Interest Allowance For Credit Loss
FinancingReceivablesNetInvestmentInLeaseAndLoansExcludingAccruedInterestAllowanceForCreditLoss
1534515000 usd
CY2023Q2 vici Financing Receivables Net Investment In Lease And Loans Excluding Accrued Interest Allowance For Credit Loss
FinancingReceivablesNetInvestmentInLeaseAndLoansExcludingAccruedInterestAllowanceForCreditLoss
1439168000 usd
CY2024Q2 vici Financing Receivables Net Investment In Lease And Loans Excluding Accrued Interest Allowance For Credit Loss
FinancingReceivablesNetInvestmentInLeaseAndLoansExcludingAccruedInterestAllowanceForCreditLoss
1534515000 usd
CY2023Q2 vici Financing Receivables Net Investment In Lease And Loans Excluding Accrued Interest Allowance For Credit Loss
FinancingReceivablesNetInvestmentInLeaseAndLoansExcludingAccruedInterestAllowanceForCreditLoss
1439168000 usd
CY2024Q2 vici Financing Receivable Excluding Accrued Interest Net Investment In Lease And Loans Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestNetInvestmentInLeaseAndLoansCreditLossExpenseReversal
-43000000 usd
vici Financing Receivable Excluding Accrued Interest Net Investment In Lease And Loans Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestNetInvestmentInLeaseAndLoansCreditLossExpenseReversal
63900000 usd
CY2023Q2 vici Financing Receivable Excluding Accrued Interest Net Investment In Lease And Loans Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestNetInvestmentInLeaseAndLoansCreditLossExpenseReversal
-41400000 usd
vici Financing Receivable Excluding Accrued Interest Net Investment In Lease And Loans Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestNetInvestmentInLeaseAndLoansCreditLossExpenseReversal
70100000 usd
vici Net Investment In Lease Credit Loss Expense Reversal Current Period Property And Finance Lease Receivable Acquisitions
NetInvestmentInLeaseCreditLossExpenseReversalCurrentPeriodPropertyAndFinanceLeaseReceivableAcquisitions
229600000 usd
us-gaap Payments To Acquire Buildings
PaymentsToAcquireBuildings
5700000000 usd
vici Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal Loan Originations
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversalLoanOriginations
4500000 usd
CY2023Q2 vici Loan Portfolio Maximum Principal Amount
LoanPortfolioMaximumPrincipalAmount
85000000 usd
CY2024Q2 vici Financing Receivables Net Investment In Lease And Loans Excluding Accrued Interest Amortized Cost
FinancingReceivablesNetInvestmentInLeaseAndLoansExcludingAccruedInterestAmortizedCost
45350325000 usd
CY2023Q2 vici Financing Receivables Net Investment In Lease And Loans Excluding Accrued Interest Amortized Cost
FinancingReceivablesNetInvestmentInLeaseAndLoansExcludingAccruedInterestAmortizedCost
42606263000 usd
CY2024Q2 vici Sales Type Sub Lease Assets
SalesTypeSubLeaseAssets
845866000 usd
CY2023Q4 vici Sales Type Sub Lease Assets
SalesTypeSubLeaseAssets
847330000 usd
CY2024Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
69914000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
66946000 usd
CY2024Q2 vici Operating Lease And Sub Lease Assets
OperatingLeaseAndSubLeaseAssets
40787000 usd
CY2023Q4 vici Operating Lease And Sub Lease Assets
OperatingLeaseAndSubLeaseAssets
38345000 usd
CY2024Q2 vici Capitalized Real Estate Acquisition Costs
CapitalizedRealEstateAcquisitionCosts
12749000 usd
CY2023Q4 vici Capitalized Real Estate Acquisition Costs
CapitalizedRealEstateAcquisitionCosts
10087000 usd
CY2024Q2 us-gaap Other Receivables
OtherReceivables
11503000 usd
CY2023Q4 us-gaap Other Receivables
OtherReceivables
9660000 usd
CY2023Q2 vici Financing Receivables Net Investment In Lease And Loans Excluding Accrued Interest Amortized Cost
FinancingReceivablesNetInvestmentInLeaseAndLoansExcludingAccruedInterestAmortizedCost
42606263000 usd
CY2024Q2 vici Sales Type Sub Lease Assets
SalesTypeSubLeaseAssets
845866000 usd
CY2023Q4 vici Sales Type Sub Lease Assets
SalesTypeSubLeaseAssets
847330000 usd
CY2024Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
69914000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
66946000 usd
CY2024Q2 vici Operating Lease And Sub Lease Assets
OperatingLeaseAndSubLeaseAssets
40787000 usd
CY2023Q4 vici Operating Lease And Sub Lease Assets
OperatingLeaseAndSubLeaseAssets
38345000 usd
CY2024Q2 vici Capitalized Real Estate Acquisition Costs
CapitalizedRealEstateAcquisitionCosts
12749000 usd
CY2023Q4 vici Capitalized Real Estate Acquisition Costs
CapitalizedRealEstateAcquisitionCosts
10087000 usd
CY2024Q2 us-gaap Other Receivables
OtherReceivables
11503000 usd
CY2023Q4 us-gaap Other Receivables
OtherReceivables
9660000 usd
CY2024Q2 us-gaap Interest Receivable
InterestReceivable
10775000 usd
CY2023Q4 us-gaap Interest Receivable
InterestReceivable
9351000 usd
CY2024Q2 us-gaap Deferred Finance Costs Net
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9851000 usd
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OperatingLeaseAndSubLeaseAssets
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OperatingLeaseAndSubLeaseLiabilities
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CY2023Q4 vici Operating Lease And Sub Lease Liabilities
OperatingLeaseAndSubLeaseLiabilities
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SalesTypeSubLeaseAssets
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CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
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CY2024Q2 us-gaap Operating Lease Expense
OperatingLeaseExpense
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CY2023Q2 us-gaap Operating Lease Expense
OperatingLeaseExpense
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OperatingLeaseExpense
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CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
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CY2024Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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CY2024Q2 us-gaap Operating Lease Liability
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CommonAndPreferredSharesAuthorized
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CommonStockSharesAuthorized
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CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due
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CY2024Q2 us-gaap Operating Lease Liability
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CY2024Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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CY2024Q2 vici Common And Preferred Shares Authorized
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CY2023Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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us-gaap Incremental Common Shares Attributable To Equity Forward Agreements
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805000 shares
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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1007968000 shares
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1043138000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2024Q2 us-gaap Incremental Common Shares Attributable To Equity Forward Agreements
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CY2023Q2 us-gaap Incremental Common Shares Attributable To Equity Forward Agreements
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247000 shares
us-gaap Incremental Common Shares Attributable To Equity Forward Agreements
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805000 shares
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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1007968000 shares
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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1043138000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
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us-gaap Earnings Per Share Diluted
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1.28
us-gaap Earnings Per Share Diluted
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CY2024Q2 vici Ownership Percentage By Parent
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ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
P1Y10M24D
CY2024Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1006894000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1004190000 shares
CY2024Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.71
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.69
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.28
CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
690702000 usd
us-gaap Net Income Loss
NetIncomeLoss
1331318000 usd
us-gaap Net Income Loss
NetIncomeLoss
1209442000 usd
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1042960000 shares
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1007968000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1043138000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1005879000 shares
CY2024Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.71
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.69
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.28
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.20
CY2024Q2 vici Ownership Percentage By Parent
OwnershipPercentageByParent
1
CY2024Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
27200000 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
P1Y10M24D
CY2024Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024Q2 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false

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0001705696-24-000099.txt Edgar Link pending
0001705696-24-000099-xbrl.zip Edgar Link pending
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