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VICI PROPERTIES INC. CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Revenues      
Income from sales-type leases $ 2,068,443 $ 1,980,178 $ 1,464,245
Income from lease financing receivables, loans and securities 1,662,889 1,519,516 1,041,229
Other income 77,422 73,326 59,629
Golf revenues 40,451 38,968 35,594
Total revenues 3,849,205 3,611,988 2,600,697
Operating expenses      
General and administrative 69,109 59,603 48,340
Depreciation 4,125 4,298 3,182
Other expenses 77,422 73,326 59,629
Golf expenses 26,895 27,089 22,602
Change in allowance for credit losses 126,720 102,824 834,494
Transaction and acquisition expenses 4,567 8,017 22,653
Total operating expenses 308,838 275,157 990,900
Income from unconsolidated affiliate 0 1,280 59,769
Interest expense (826,097) (818,056) (539,953)
Interest income 16,095 23,970 9,530
Other gains 581 4,456 0
Income before income taxes 2,730,946 2,548,481 1,139,143
(Provision for) benefit from income taxes (9,704) 6,141 (2,876)
Net income 2,721,242 2,554,622 1,136,267
Less: Net income attributable to non-controlling interests (42,432) (41,082) (18,632)
Net income attributable to common stockholders $ 2,678,810 $ 2,513,540 $ 1,117,635
Net income per common share      
Basic (in dollars per share) $ 2.56 $ 2.48 $ 1.27
Diluted (in dollars per share) $ 2.56 $ 2.47 $ 1.27
Weighted average number of shares of common stock outstanding      
Basic (in shares) 1,046,739,537 1,014,513,195 877,508,388
Diluted (in shares) 1,047,675,111 1,015,776,697 879,675,845
Other comprehensive income      
Net income $ 2,721,242 $ 2,554,622 $ 1,136,267
Reclassification of derivative gain Interest expense (24,662) (24,148) (16,233)
Unrealized gain (loss) on cash flow hedges 26,973 (9,655) 200,550
Foreign currency translation adjustments (11,762) 1,952 0
Comprehensive income 2,711,791 2,522,771 1,320,584
Comprehensive income attributable to non-controlling interests (42,277) (40,714) (18,428)
Comprehensive income attributable to common stockholders $ 2,669,514 $ 2,482,057 $ 1,302,156