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v3.25.3

Debt - Senior Unsecured Notes (Details) - USD ($) $ in Thousands |  | 1 Months Ended | 9 Months Ended |  |  |  |  |  |  |
--- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Mar. 31, 2025 | Apr. 30, 2025 | Sep. 30, 2025 | Sep. 30, 2024 | Apr. 07, 2025 | Dec. 31, 2024 | Dec. 19, 2024 | Mar. 18, 2024 | Apr. 29, 2022 | Feb. 05, 2020 | Nov. 26, 2019
Debt Instrument |  |  |  |  |  |  |  |  |  |  |
Principal amount |  |  | $ 17,097,906 |  |  |  |  |  |  |  |
Redemption of senior unsecured notes |  |  | 1,300,000 | $ 1,050,000 |  |  |  |  |  |  |
VICI Properties LP |  |  |  |  |  |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |  |  |  |  |  |
Redemption of senior unsecured notes |  |  | $ 1,300,000 | $ 1,050,000 |  |  |  |  |  |  |
Unsecured Debt |  |  |  |  |  |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |  |  |  |  |  |
Principal amount |  |  |  |  |  | $ 17,098,846 |  |  |  |  |
Redemption price, percentage (equal to) | 100.00% |  |  |  |  |  |  |  |  |  |
November 2019 Notes Senior Unsecured Notes | Unsecured Debt |  |  |  |  |  |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |  |  |  |  |  |
Principal amount |  |  |  |  |  |  |  |  |  |  | $ 2,250,000
February 2020 Notes Senior Unsecured Notes | Unsecured Debt |  |  |  |  |  |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |  |  |  |  |  |
Principal amount |  |  |  |  |  |  |  |  |  | $ 1,750,000 |
Senior Unsecured April 2022, March 2024, December 2024 and April 2025 Notes |  |  |  |  |  |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |  |  |  |  |  |
Ratio of unencumbered assets to unsecured indebtedness |  |  | 1.50 |  |  |  |  |  |  |  |
April 2022 Notes | Unsecured Debt |  |  |  |  |  |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |  |  |  |  |  |
Principal amount |  |  |  |  |  |  |  |  | $ 4,500,000 |  |
March 2024 Senior Notes | Unsecured Debt |  |  |  |  |  |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |  |  |  |  |  |
Principal amount |  |  |  |  |  |  |  | $ 1,050,000 |  |  |
December 2024 Notes | Unsecured Debt |  |  |  |  |  |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |  |  |  |  |  |
Principal amount |  |  |  |  |  |  | $ 750,000 |  |  |  |
4.375% Notes | Unsecured Debt |  |  |  |  |  |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |  |  |  |  |  |
Principal amount |  |  |  |  |  | $ 500,000 |  |  |  |  |
Interest rate, stated percentage |  | 4.375% |  |  |  | 4.375% |  |  |  |  |
Redemption of senior unsecured notes |  | $ 500,000 |  |  |  |  |  |  |  |  |
April 2025 Notes | Unsecured Debt |  |  |  |  |  |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |  |  |  |  |  |
Principal amount |  |  |  |  | $ 1,300,000 |  |  |  |  |  |
4.750% Notes | Unsecured Debt |  |  |  |  |  |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |  |  |  |  |  |
Principal amount |  |  | $ 1,250,000 |  |  | $ 1,250,000 |  |  |  |  |
Interest rate, stated percentage |  |  | 4.75% |  |  | 4.75% |  |  |  |  |
4.750% Notes | Unsecured Debt | VICI Properties LP |  |  |  |  |  |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |  |  |  |  |  |
Principal amount |  |  |  |  | $ 400,000 |  |  |  |  |  |
Interest rate, stated percentage |  |  |  |  | 4.75% |  |  |  |  |  |
5.625% Notes | Unsecured Debt |  |  |  |  |  |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |  |  |  |  |  |
Principal amount |  |  | $ 900,000 |  |  |  |  |  |  |  |
Interest rate, stated percentage |  |  | 5.625% |  |  |  |  |  |  |  |
5.625% Notes | Unsecured Debt | VICI Properties LP |  |  |  |  |  |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |  |  |  |  |  |
Principal amount |  |  |  |  | $ 900,000 |  |  |  |  |  |
Interest rate, stated percentage |  |  |  |  | 5.625% |  |  |  |  |  |
Exchange Notes | Unsecured Debt |  |  |  |  |  |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |  |  |  |  |  |
Principal amount |  |  |  |  |  |  |  |  | 2,300,000 |  |
MGP OP Notes | Unsecured Debt |  |  |  |  |  |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |  |  |  |  |  |
Principal amount |  |  |  |  |  |  |  |  | $ 63,600 |  |
4.625% Notes | Unsecured Debt |  |  |  |  |  |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |  |  |  |  |  |
Principal amount |  |  |  |  |  | $ 800,000 |  |  |  |  |
Interest rate, stated percentage |  | 4.625% |  |  |  | 4.625% |  |  |  |  |
Redemption of senior unsecured notes |  | $ 799,400 |  |  |  |  |  |  |  |  |
MGP OP Notes due 2025 | Unsecured Debt |  |  |  |  |  |  |  |  |  |  |
Debt Instrument |  |  |  |  |  |  |  |  |  |  |
Interest rate, stated percentage |  | 4.625% |  |  |  |  |  |  |  |  |
Redemption of senior unsecured notes |  | $ 600 |  |  |  |  |  |  |  |  |

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