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Long-Term Debt (Tables) | 12 Months Ended
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Dec. 31, 2020
Debt Disclosure [Abstract] |
Schedule of Long-Term Debt | Long-term debt consisted of the following:
|  | December 31, |
|  | 2020 |  |  | 2019 |
|  | (In thousands) |
Senior credit facility |  | $ | — |  |  | $ | — |
Operating Partnership senior credit facility |  |  | 10,000 |  |  |  | 1,703,750 |
MGM China credit facility |  |  | 770,034 |  |  |  | 667,404 |
7.75% senior notes, due 2022 |  |  | 1,000,000 |  |  |  | 1,000,000 |
6% senior notes, due 2023 |  |  | 1,250,000 |  |  |  | 1,250,000 |
5.625% Operating Partnership senior notes, due 2024 |  |  | 1,050,000 |  |  |  | 1,050,000 |
5.375% MGM China senior notes, due 2024 |  |  | 750,000 |  |  |  | 750,000 |
6.75% senior notes, due 2025 |  |  | 750,000 |  |  |  | — |
5.75% senior notes, due 2025 |  |  | 675,000 |  |  |  | 1,000,000 |
4.625% Operating Partnership senior notes, due 2025 |  |  | 800,000 |  |  |  | — |
5.25% MGM China senior notes, due 2025 |  |  | 500,000 |  |  |  | — |
5.875% MGM China senior notes, due 2026 |  |  | 750,000 |  |  |  | 750,000 |
4.5% Operating Partnership senior notes, due 2026 |  |  | 500,000 |  |  |  | 500,000 |
4.625% senior notes, due 2026 |  |  | 400,000 |  |  |  | 500,000 |
5.75% Operating Partnership senior notes, due 2027 |  |  | 750,000 |  |  |  | 750,000 |
5.5% senior notes, due 2027 |  |  | 675,000 |  |  |  | 1,000,000 |
4.5% Operating Partnership senior notes, due 2028 |  |  | 350,000 |  |  |  | 350,000 |
4.75% senior notes, due 2028 |  |  | 750,000 |  |  |  | — |
3.875% Operating Partnership senior notes, due 2029 |  |  | 750,000 |  |  |  | — |
7% debentures, due 2036 |  |  | 552 |  |  |  | 552 |
|  |  | 12,480,586 |  |  |  | 11,271,706 |
Less: Premiums, discounts, and unamortized debt issuance costs, net |  |  | (103,902 | ) |  |  | (102,802 | )
|  | $ | 12,376,684 |  |  | $ | 11,168,904 |
Schedule of Interest Expense, Net | Interest expense, net consisted of the following:
| Year Ended December 31, |
| 2020 |  |  | 2019 |  |  | 2018 |
| (In thousands) |
Total interest incurred | $ | 679,251 |  |  | $ | 853,007 |  |  | $ | 821,229 |
Interest capitalized |  | (2,871 | ) |  |  | (5,075 | ) |  |  | (51,716 | )
| $ | 676,380 |  |  | $ | 847,932 |  |  | $ | 769,513 |
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, 2020 are as follows:
Years ending December 31, |  |  |  | (In thousands) |
2021 |  |  |  | $ | — |
2022 |  |  |  |  | 1,000,000 |
2023 |  |  |  |  | 1,260,000 |
2024 |  |  |  |  | 2,570,034 |
2025 |  |  |  |  | 2,725,000 |
Thereafter |  |  |  |  | 4,925,552 |
|  |  |  | $ | 12,480,586 |

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