XML 64 R48.htm IDEA: XBRL DOCUMENT
v3.25.3

Real Estate Portfolio - Schedule of Lease Agreement (Details) $ in Thousands | 9 Months Ended
--- | ---
Sep. 30, 2025 USD ($) option
Harrah’s Joliet LandCo LLC |
Real Estate |
Ownership percentage by noncontrolling owners | 20.00%
Minimum |
Real Estate |
Initial term | 15 years
Lessor, sales-type lease, renewal term | 5 years
Variable rent adjustment | 20.00%
Maximum |
Real Estate |
Initial term | 32 years
Lessor, sales-type lease, renewal term | 30 years
Variable rent adjustment | 30.00%
MGM Master Lease | MGM Master Lease |
Real Estate |
Initial term | 25 years
Number of renewal options | option | 3
Lessor, sales-type lease, renewal term | 10 years
Current annual rent | $ 774,682
MGM Master Lease | MGM Master Lease | Lease Years 2 Through 10 | Minimum |
Real Estate |
Annual escalator | 2.00%
MGM Master Lease | MGM Master Lease | Lease Years 11 Through 25 | Minimum |
Real Estate |
Annual escalator | 2.00%
MGM Master Lease | MGM Master Lease | Lease Years 11 Through 25 | Maximum |
Real Estate |
Annual rent increase, cap percent | 3.00%
Caesars Lease Agreements | Caesars Regional Master Lease and Joliet Lease | Harrah’s Joliet LandCo LLC |
Real Estate |
Combined caesars and joliet rent | $ 716,000
Caesars Regional Master Lease and Joliet Lease | Caesars Regional Master Lease and Joliet Lease |
Real Estate |
Initial term | 18 years
Number of renewal options | option | 4
Lessor, sales-type lease, renewal term | 5 years
Current annual rent | $ 725,489
Annual escalator | 2.00%
Variable rent percentage | 4.00%
Caesars Regional Master Lease and Joliet Lease | Caesars Regional Master Lease and Joliet Lease | Lease Years 11 & 16 | Base Rent |
Real Estate |
Variable rent adjustment | 80.00%
Caesars Regional Master Lease and Joliet Lease | Caesars Regional Master Lease and Joliet Lease | Lease Years 11 & 16 | Variable Rent |
Real Estate |
Variable rent adjustment | 20.00%
Caesars Las Vegas Master Lease | Caesars Las Vegas Master Lease |
Real Estate |
Initial term | 18 years
Number of renewal options | option | 4
Lessor, sales-type lease, renewal term | 5 years
Current annual rent | $ 495,418
Annual escalator | 2.00%
Variable rent percentage | 4.00%
Caesars Las Vegas Master Lease | Caesars Las Vegas Master Lease | Base Rent |
Real Estate |
Variable rent adjustment | 80.00%
Caesars Las Vegas Master Lease | Caesars Las Vegas Master Lease | Variable Rent |
Real Estate |
Variable rent adjustment | 20.00%
MGM Grand/ Mandalay Bay Lease | MGM Grand/ Mandalay Bay Lease |
Real Estate |
Initial term | 30 years
Number of renewal options | option | 2
Lessor, sales-type lease, renewal term | 10 years
Current annual rent | $ 322,392
MGM Grand/ Mandalay Bay Lease | MGM Grand/ Mandalay Bay Lease | Lease Years 2 Through 15 | Minimum |
Real Estate |
Annual escalator | 2.00%
MGM Grand/ Mandalay Bay Lease | MGM Grand/ Mandalay Bay Lease | Lease Years 16 Through 30 | Minimum |
Real Estate |
Annual escalator | 2.00%
MGM Grand/ Mandalay Bay Lease | MGM Grand/ Mandalay Bay Lease | Lease Years 16 Through 30 | Maximum |
Real Estate |
Annual rent increase, cap percent | 3.00%

X
- Definition Term of lessor's sales-type lease renewal, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a)(3) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479773/842-30-50-3 + Details
Name: | us-gaap_LessorSalesTypeLeaseRenewalTerm1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | instant

X
- Definition The equity interest of noncontrolling shareholders, partners or other equity holders in consolidated entity. + References No definition available. + Details
Name: | us-gaap_MinorityInterestOwnershipPercentageByNoncontrollingOwners
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 976 -SubTopic 310 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477332/976-310-50-1 + Details
Name: | us-gaap_RealEstateLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Annual Escalation Rate, Percent + References No definition available. + Details
Name: | vici_AnnualEscalationRatePercent
Namespace Prefix: | vici_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Annual Rent Increase, Cap Percent + References No definition available. + Details
Name: | vici_AnnualRentIncreaseCapPercent
Namespace Prefix: | vici_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Lease Arrangement, Percentage Of Variable Rent Split + References No definition available. + Details
Name: | vici_LeaseArrangementPercentageOfVariableRentSplit
Namespace Prefix: | vici_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Lessor, Current Base Rent + References No definition available. + Details
Name: | vici_LessorCurrentBaseRent
Namespace Prefix: | vici_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Lessor, Current Base Rent, Including Adjustment For Noncontrolling Interest + References No definition available. + Details
Name: | vici_LessorCurrentBaseRentIncludingAdjustmentForNoncontrollingInterest
Namespace Prefix: | vici_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Lessor Leasing Arrangements, Sales-type/Direct Financing Lease, Number Of Renewal Options + References No definition available. + Details
Name: | vici_LessorLeasingArrangementsSalestypeDirectFinancingLeaseNumberOfRenewalOptions
Namespace Prefix: | vici_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Lessor Leasing Arrangements, Variable Rent Percentage + References No definition available. + Details
Name: | vici_LessorLeasingArrangementsVariableRentPercentage
Namespace Prefix: | vici_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Lessor, Sales-Type And Financing Receivable Lease, Initial Term of Contract + References No definition available. + Details
Name: | vici_LessorSalesTypeAndFinancingReceivableLeaseInitialTermOfContract
Namespace Prefix: | vici_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | srt_OwnershipAxis=vici_HarrahsJolietLandCoLLCMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MinimumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MaximumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=vici_MGMMasterLeasePropertiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_PropertyPlantAndEquipmentByTypeAxis=vici_MGMMasterLeaseMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | vici_LeaseYearAxis=vici_LeaseYears2Through10Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | vici_LeaseYearAxis=vici_LeaseYears11Through25Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=vici_CaesarsLeaseAgreementsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_PropertyPlantAndEquipmentByTypeAxis=vici_CaesarsRegionalMasterLeaseAndJolietLeaseMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=vici_CaesarsRegionalMasterAndJolietLeasePropertiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | vici_LeaseYearAxis=vici_LeaseYears11And16Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=vici_BaseRentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=vici_VariableRentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=vici_CaesarsLasVegasMasterLeasePropertiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_PropertyPlantAndEquipmentByTypeAxis=vici_CaesarsLasVegasMasterLeaseMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RealEstateAndAccumulatedDepreciationDescriptionOfPropertyAxis=vici_MGMGrandMandalayBayLeaseAgreementPropertiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_PropertyPlantAndEquipmentByTypeAxis=vici_MGMGrandMandalayBayLeaseMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | vici_LeaseYearAxis=vici_LeaseYears2Through15Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | vici_LeaseYearAxis=vici_LeaseYears16Through30Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |