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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities    
Net income $ 674,519 $ 66,157
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation and amortization 318,290 316,414
Amortization of debt discounts, premiums and issuance costs 7,935 9,373
Loss on early retirement of debt 126,743 0
Provision for doubtful accounts 21,980 8,378
Stock-based compensation 36,898 32,136
Property transactions, net 54,975 8,776
Gain on REIT transactions, net (1,491,945) 0
Noncash lease expense 51,096 14,990
Income from unconsolidated affiliates (3,127) (20,584)
Distributions from unconsolidated affiliates 13,886 0
Deferred income taxes 277,221 67,827
Change in operating assets and liabilities:    
Accounts receivable 136,225 48,961
Inventories (3,322) 423
Income taxes receivable and payable, net (17,295) 9,897
Prepaid expenses and other (40,111) (40,450)
Accounts payable and accrued liabilities (577,936) (109,932)
Other (8,969) (12,584)
Net cash provided by (used in) operating activities (422,937) 399,782
Cash flows from investing activities    
Capital expenditures, net of construction payable (73,110) (183,252)
Dispositions of property and equipment 175 341
Proceeds from Mandalay Bay and MGM Grand Las Vegas transaction 2,455,839 0
Investments in unconsolidated affiliates (20,649) (9,558)
Distributions from unconsolidated affiliates 426 31,850
Other 0 (30,511)
Net cash provided by (used in) investing activities 2,362,681 (726,811)
Cash flows from financing activities    
Net borrowings (repayments) under bank credit facilities – maturities of 90 days or less 1,289,434 (289,767)
Issuance of long-term debt 0 750,000
Retirement of senior notes and senior debentures (846,724) (850,000)
Debt issuance costs (9,339) (10,111)
Proceeds from issuance of bridge loan facility 1,304,625 0
Issuance of MGM Growth Properties Class A shares, net 524,616 548,391
Dividends paid to common shareholders (73,904) (69,799)
Distributions to noncontrolling interest owners (72,653) (46,539)
Purchases of common stock (353,720) 0
Other (17,582) (7,324)
Net cash provided by financing activities 1,744,753 24,851
Effect of exchange rate on cash 2,316 (1,180)
Cash and cash equivalents    
Net increase (decrease) for the period 3,686,813 (303,358)
Balance, beginning of period 2,329,604 1,526,762
Balance, end of period 6,016,417 1,223,404
Supplemental cash flow disclosures    
Interest paid, net of amounts capitalized 162,002 209,347
Federal, state and foreign income taxes paid (received), net of refunds 2,439 (6,429)
Non-cash investing and financing activities    
Empire City Transaction assets acquired 0 625,000
Investment in MGP BREIT Venture 802,000 0
MGP BREIT Venture assumption of bridge loan facility 1,304,625 0
Empire City [Member]    
Cash flows from investing activities    
Acquisition, net of cash acquired $ 0 $ (535,681)