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Investments in and Advances to Unconsolidated Affiliates (Tables)

9 Months Ended

Sep. 30, 2020

Equity Method Investments And Joint Ventures [Abstract]

Schedule of Investments in and Advances to Unconsolidated Affiliates

Investments in and advances to unconsolidated affiliates consisted of the following:  

	September 30,				December 31,
	2020				2019
	(In thousands)
CityCenter Holdings, LLC – CityCenter (50%)	$	454,767			$	568,879
MGP BREIT Venture (50.1% owned by the Operating Partnership)		807,936				—
Other		211,252				253,487
	$	1,473,955			$	822,366

Schedule of Share of Net Income (Loss) From Unconsolidated Affiliates

The Company recorded its share of income (loss) from unconsolidated affiliates, including adjustments for basis differences, as follows:  

	Three Months Ended								Nine Months Ended
	September 30,								September 30,
	2020				2019				2020				2019
	(In thousands)
Income from unconsolidated affiliates	$	20,635			$	36,214			$	48,030			$	101,967
Non-operating items from unconsolidated affiliates		(23,604	)			(14,669	)			(79,986	)			(54,311	)
	$	(2,969	)		$	21,545			$	(31,956	)		$	47,656

Schedule of Share of Income (Loss) From Unconsolidated Affiliates

The following table summarizes information related to the Company’s share of income (loss) from unconsolidated affiliates:

	Three Months Ended								Nine Months Ended
	September 30,								September 30,
	2020				2019				2020				2019
	(In thousands)
CityCenter	$	(6,041	)		$	39,317			$	(24,489	)		$	105,672
MGP BREIT Venture		38,976				—				97,787				—
Other		(12,300	)			(3,103	)			(25,268	)			(3,705	)
	$	20,635			$	36,214			$	48,030			$	101,967

Summarized Income Statement Information

Summarized income statement information for CityCenter is as follows:

	Three Months Ended								Nine Months Ended
	September 30,								September 30,
	2020				2019				2020				2019
	(In thousands)
Net revenues	$	126,673			$	320,352			$	394,989			$	993,215
Operating income (loss)		(29,254	)			61,464				(100,491	)			159,831
Net income (loss)		(45,267	)			33,082				(178,588	)			56,079

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Tabular disclosure of the entity's proportionate share of results of operations of its investee (such as unconsolidated subsidiaries and joint ventures) to which the equity method of accounting is applied.

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A tabular presentation of the information summarizing investments in and advances to majority-owned subsidiaries, other controlled companies, and other affiliates, as prescribed by the SEC. It reflects specified information about ownership, financial results from, and financial position in such entities. Includes the tabular presentations that disaggregate investments in and advances to majority-owned subsidiaries, other controlled companies, and other affiliates.

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