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Earnings Per Share and Earnings Per Unit (Tables)
 12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Schedule of Weighted Average Earnings Per Share
The following tables reconcile the weighted-average shares of common stock outstanding used in the calculation of basic earnings per share to the weighted-average shares of common stock outstanding used in the calculation of diluted earnings per share:
Year Ended December 31,
(In thousands)202420232022
Determination of shares: 
Weighted-average shares of common stock outstanding1,046,740 1,014,513 877,508 
Assumed conversion of restricted stock482 784 955 
Assumed settlement of forward sale agreements453 480 1,213 
Diluted weighted-average shares of common stock outstanding1,047,675 1,015,777 879,676 
Year Ended December 31,
(In thousands, except per share data)202420232022
Basic:
Net income attributable to common stockholders$2,678,810 $2,513,540 $1,117,635 
Weighted-average shares of common stock outstanding1,046,740 1,014,513 877,508 
Basic EPS$2.56 $2.48 $1.27 
 
Diluted:
Net income attributable to common stockholders$2,678,810 $2,513,540 $1,117,635 
Diluted weighted-average shares of common stock outstanding1,047,675 1,015,777 879,676 
Diluted EPS$2.56 $2.47 $1.27 
The following tables reconcile the weighted-average units outstanding used in the calculation of basic EPU to the weighted-average units outstanding used in the calculation of diluted EPU:
Year Ended December 31,
(In thousands)202420232022
Determination of units: 
Weighted-average units outstanding1,058,971 1,026,745 885,786 
Assumed conversion of VICI restricted stock482 784 955 
Assumed settlement of VICI forward sale agreements453 480 1,213 
Diluted weighted-average units outstanding1,059,906 1,028,008 887,953 
Year Ended December 31,
(In thousands, except per share data)202420232022
Basic:
Net income attributable to partners$2,704,255 $2,535,066 $1,118,471 
Weighted-average units outstanding1,058,971 1,026,745 885,786 
Basic EPU$2.55 $2.47 $1.26 
 
Diluted:
Net income attributable to partners$2,704,255 $2,535,066 $1,118,471 
Diluted weighted-average units outstanding1,059,906 1,028,008 887,953 
Diluted EPU$2.55 $2.47 $1.26