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Segment Information | 6 Months Ended
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Jun. 30, 2022
Segment Reporting [Abstract] |
Segment Information | Segment Information Our real property business and our golf course business represent two reportable segments. The real property business segment consists of leased real property and our real estate lending activities and represents the substantial majority of our business. The golf course business segment, which is wholly owned by VICI, consists of four golf courses, with each being operating segments that are aggregated into one reportable segment. The results of each reportable segment presented below are consistent with the way our management assesses these results and allocates resources. The following table presents certain information with respect to our segments:
|  | Three Months Ended June 30, 2022 |  | Three Months Ended June 30, 2021
(In thousands) |  | Real Property Business |  | Golf Course Business |  | VICI Consolidated |  | Real Property Business |  | Golf Course Business |  | VICI Consolidated
Revenues |  | $ | 652,453 |  |  | $ | 10,170 |  |  | $ | 662,623 |  |  | $ | 368,115 |  |  | $ | 8,285 |  |  | $ | 376,400 |
Interest expense |  | (133,128) |  |  | — |  |  | (133,128) |  |  | (79,806) |  |  | — |  |  | (79,806) |
Income from unconsolidated affiliate |  | 15,134 |  |  | — |  |  | 15,134 |  |  | — |  |  | — |  |  | — |
(Loss) income before income taxes |  | (60,702) |  |  | 3,588 |  |  | (57,114) |  |  | 302,005 |  |  | 2,328 |  |  | 304,333 |
Income tax expense |  | (245) |  |  | (782) |  |  | (1,027) |  |  | (741) |  |  | (515) |  |  | (1,256) |
Net (loss) income |  | (60,947) |  |  | 2,806 |  |  | (58,141) |  |  | 301,264 |  |  | 1,813 |  |  | 303,077 |
Depreciation |  | 30 |  |  | 749 |  |  | 779 |  |  | 31 |  |  | 726 |  |  | 757 |
Total assets |  | 37,186,796 |  |  | 102,421 |  |  | 37,289,217 |  |  | 17,126,115 |  |  | 93,433 |  |  | 17,219,548 |
Total liabilities |  | 15,155,509 |  |  | 18,821 |  |  | 15,174,330 |  |  | 7,467,470 |  |  | 17,009 |  |  | 7,484,479 |
|  | Six Months Ended June 30, 2022 |  | Six Months Ended June 30, 2021
(In thousands) |  | Real Property Business |  | Golf Course Business |  | VICI Consolidated |  | Real Property Business |  | Golf Course Business |  | VICI Consolidated
Revenues |  | $ | 1,060,452 |  |  | $ | 18,796 |  |  | $ | 1,079,248 |  |  | $ | 735,612 |  |  | $ | 15,098 |  |  | $ | 750,710 |
Interest expense |  | (201,270) |  |  | — |  |  | (201,270) |  |  | (156,854) |  |  | — |  |  | (156,854) |
Income from unconsolidated affiliate |  | 15,134 |  |  | — |  |  | 15,134 |  |  | — |  |  | — |  |  | — |
Income before income taxes |  | 179,791 |  |  | 6,183 |  |  | 185,974 |  |  | 573,040 |  |  | 3,876 |  |  | 576,916 |
Income tax expense |  | (83) |  |  | (1,344) |  |  | (1,427) |  |  | (883) |  |  | (857) |  |  | (1,740) |
Net income |  | 179,708 |  |  | 4,839 |  |  | 184,547 |  |  | 572,157 |  |  | 3,019 |  |  | 575,176 |
Depreciation |  | 60 |  |  | 1,495 |  |  | 1,555 |  |  | 63 |  |  | 1,486 |  |  | 1,549 |
Total assets |  | 37,186,796 |  |  | 102,421 |  |  | 37,289,217 |  |  | 17,126,115 |  |  | 93,433 |  |  | 17,219,548 |
Total liabilities |  | 15,155,509 |  |  | 18,821 |  |  | 15,174,330 |  |  | 7,467,470 |  |  | 17,009 |  |  | 7,484,479 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI https://asc.fasb.org/topic&trid=2134510 + Details
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