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Segment Information (Tables)

6 Months Ended

Jun. 30, 2020

Segment Reporting [Abstract]

Schedule of Segment Reporting Information

The following table presents certain information with respect to our segments:

						Three Months Ended June 30, 2020																														Three Months Ended June 30, 2019
(In thousands)						Real Property Business						Golf Course Business						VICI Consolidated						Real Property Business						Golf Course Business						VICI Consolidated
Revenues						$	252,567					$	5,335					$	257,902					$	212,463					$	8,283					$	220,746
Operating income						308,622						14						308,636						203,077						2,418						205,495
Interest expense						(77,693)						—						(77,693)						(54,819)						—						(54,819)
Loss on extinguishment of debt						—						—						—						—						—						—
Income before income taxes						231,935						17						231,952						152,186						2,494						154,680
Income tax expense						(257)						(52)						(309)						—						(553)						(553)
Net income (loss)						231,678						(35)						231,643						152,186						1,941						154,127
Depreciation						31						1,182						1,213						2						1,016						1,018
Total assets						$	16,188,235					$	89,399					$	16,277,634					$	12,423,049					$	98,997					$	12,522,046
Total liabilities						$	7,186,916					$	16,307					$	7,203,223					$	4,434,057					$	15,566					$	4,449,623

						Six Months Ended June 30, 2020																														Six Months Ended June 30, 2019
(In thousands)						Real Property Business						Golf Course Business						VICI Consolidated						Real Property Business						Golf Course Business						VICI Consolidated
Revenues						$	501,268					$	11,635					$	512,903					$	419,126					$	15,622					$	434,748
Operating income						395,555						1,102						396,657						402,623						4,738						407,361
Interest expense						(153,786)						—						(153,786)						(108,405)						—						(108,405)
Loss on extinguishment of debt						(39,059)						—						(39,059)						—						—						—
Income before income taxes						209,222						1,119						210,341						303,276						4,851						308,127
Income tax expense						(514)						(249)						(763)						—						(1,074)						(1,074)
Net income						208,708						870						209,578						303,276						3,777						307,053
Depreciation						54						2,026						2,080						5						1,943						1,948
Total assets						$	16,188,235					$	89,399					$	16,277,634					$	12,423,049					$	98,997					$	12,522,046
Total liabilities						$	7,186,916					$	16,307					$	7,203,223					$	4,434,057					$	15,566					$	4,449,623

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
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Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
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-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
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Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599

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