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Long-Term Debt (Tables) | 12 Months Ended
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Dec. 31, 2019
Debt Disclosure [Abstract] |
Schedule of Long-Term Debt | Long-term debt consisted of the following:
|  | December 31, |
|  | 2019 |  |  | 2018 |
|  | (In thousands) |
Senior credit facility |  | $ | — |  |  | $ | 750,000 |
Operating Partnership senior credit facility |  |  | 1,703,750 |  |  |  | 2,819,125 |
MGM China credit facility |  |  | 667,404 |  |  |  | 2,433,562 |
$850 million 8.625% senior notes, due 2019 |  |  | — |  |  |  | 850,000 |
$500 million 5.25% senior notes, due 2020 |  |  | — |  |  |  | 500,000 |
$1,000 million 6.75% senior notes, due 2020 |  |  | — |  |  |  | 1,000,000 |
$1,250 million 6.625% senior notes, due 2021 |  |  | — |  |  |  | 1,250,000 |
$1,000 million 7.75% senior notes, due 2022 |  |  | 1,000,000 |  |  |  | 1,000,000 |
$1,250 million 6% senior notes, due 2023 |  |  | 1,250,000 |  |  |  | 1,250,000 |
$1,050 million 5.625% Operating Partnership senior notes, due 2024 |  |  | 1,050,000 |  |  |  | 1,050,000 |
$750 million 5.375% MGM China senior notes, due 2024 |  |  | 750,000 |  |  |  | — |
$1,000 million 5.75% senior notes, due 2025 |  |  | 1,000,000 |  |  |  | 1,000,000 |
$750 million 5.875% MGM China senior notes, due 2026 |  |  | 750,000 |  |  |  | — |
$500 million 4.50% Operating Partnership senior notes, due 2026 |  |  | 500,000 |  |  |  | 500,000 |
$500 million 4.625% senior notes, due 2026 |  |  | 500,000 |  |  |  | 500,000 |
$750 million 5.75% Operating Partnership senior notes, due 2027 |  |  | 750,000 |  |  |  | — |
$1,000 million 5.5% senior notes, due 2027 |  |  | 1,000,000 |  |  |  | — |
$350 million 4.50% Operating Partnership senior notes, due 2028 |  |  | 350,000 |  |  |  | 350,000 |
$0.6 million 7% debentures, due 2036 |  |  | 552 |  |  |  | 552 |
|  |  | 11,271,706 |  |  |  | 15,253,239 |
Less: Premiums, discounts, and unamortized debt issuance costs, net |  |  | (102,802 | ) |  |  | (121,823 | )
|  |  | 11,168,904 |  |  |  | 15,131,416 |
Less: Current portion |  |  | — |  |  |  | (43,411 | )
|  | $ | 11,168,904 |  |  | $ | 15,088,005 |
Schedule of Interest Expense, Net | Interest expense, net consisted of the following:
| Year Ended December 31, |
| 2019 |  |  | 2018 |  |  | 2017 |
| (In thousands) |
Total interest incurred | $ | 853,007 |  |  | $ | 821,229 |  |  | $ | 779,855 |
Interest capitalized |  | (5,075 | ) |  |  | (51,716 | ) |  |  | (111,110 | )
| $ | 847,932 |  |  | $ | 769,513 |  |  | $ | 668,745 |
Schedule of Maturities of Long-Term Debt | Maturities of long-term debt. The maturities of the principal amount of the Company’s long-term debt as of December 31, 2019 are as follows:
Years ending December 31, |  |  |  | (In thousands) |
2020 |  |  |  | $ | — |
2021 |  |  |  |  | — |
2022 |  |  |  |  | 1,000,000 |
2023 |  |  |  |  | 1,649,125 |
2024 |  |  |  |  | 2,467,404 |
Thereafter |  |  |  |  | 6,155,177 |
|  |  |  | $ | 11,271,706 |

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- Definition Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28541-108399 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21506-112644 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=114775744&loc=d3e28551-108399 Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21521-112644 Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21538-112644 Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823 Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644 + Details
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- Definition Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 + Details
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