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VICI PROPERTIES INC. CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Real estate portfolio:    
Investments in leases - sales-type, net [1] $ 23,581,101 $ 23,015,931
Land 150,727 150,727
Cash and cash equivalents 524,615 522,574
Other assets [1] 1,030,644 1,015,330
Total assets 45,368,940 44,059,841
Liabilities    
Debt, net 16,732,889 16,724,125
Accrued expenses and deferred revenue 217,956 227,241
Dividends and distributions payable 461,954 437,599
Other liabilities 1,004,340 1,013,102
Total liabilities 18,417,139 18,402,067
Commitments and contingent liabilities (Note 10)
Stockholders’ equity    
Common stock, $0.01 par value, 1,350,000,000 shares authorized and 1,056,366,685 and 1,042,702,763 shares issued and outstanding at December 31, 2024 and December 31, 2023, respectively 10,564 10,427
Preferred stock, $0.01 par value, 50,000,000 shares authorized and no shares outstanding at December 31, 2024 and 2023 0 0
Additional paid-in capital 24,515,417 24,125,872
Accumulated other comprehensive income 144,574 153,870
Retained earnings 1,867,400 965,762
Total VICI stockholders’ equity 26,537,955 25,255,931
Non-controlling interests 413,846 401,843
Total stockholders’ equity 26,951,801 25,657,774
Total liabilities and stockholders’ equity 45,368,940 44,059,841
Investments in leases - financing receivables, net    
Real estate portfolio:    
Investments in leases and loans [1] 18,430,320 18,211,102
Investments in loans and securities, net    
Real estate portfolio:    
Investments in leases and loans [1] $ 1,651,533 $ 1,144,177
[1] As of December 31, 2024 and December 31, 2023, our Investments in leases - sales-type, Investments in leases - financing receivables, Investments in loans and Other assets (sales-type sub-leases) are net of $802.7 million, $737.1 million, $25.0 million and $20.6 million, respectively, and $701.1 million, $703.6 million, $29.8 million, and $18.7 million, respectively, of Allowance for credit losses. Refer to Note 5 - Allowance for Credit Losses for further details.