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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operating activities    
Net income (loss) $ 1,587,832 $ (245,634)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 654,893 574,176
Amortization of debt discounts, premiums and issuance costs 18,271 19,938
Loss on early retirement of debt 0 37
Provision for credit losses 292 3,724
Stock-based compensation 38,723 27,407
Property transactions, net 35,343 (2,835)
Gain on REIT transactions, net (2,277,747) 0
Noncash lease expense 168,022 88,029
Other investment losses (gains) 7,974 (86,183)
Loss (income) from unconsolidated affiliates 123,674 (13,707)
Distributions from unconsolidated affiliates 34,830 49,625
Deferred income taxes 542,642 (68,821)
Change in operating assets and liabilities:    
Accounts receivable (48,176) (138,153)
Inventories (13,419) 9,267
Income taxes receivable and payable, net 35,757 17,222
Prepaid expenses and other 30,814 (11,835)
Accounts payable and accrued liabilities (13,969) 187,500
Other 6,957 (41,341)
Net cash provided by operating activities 932,713 368,416
Cash flows from investing activities    
Capital expenditures (236,844) (183,392)
Dispositions of property and equipment 8,980 9,370
Investments in unconsolidated affiliates (167,181) (101,845)
Proceeds from real estate transactions 4,373,820 0
Acquisitions, net of cash acquired (1,597,739) 0
Distributions from unconsolidated affiliates 925 803
Investments and other (155,280) 1,342
Net cash provided by (used in) investing activities 2,226,681 (273,722)
Cash flows from financing activities    
Net borrowings (repayments) under bank credit facilities - maturities of 90 days or less 837,662 (551,600)
Issuance of long-term debt 0 749,775
Retirement of senior notes (1,000,000) 0
Debt issuance costs (1,367) (11,346)
Issuance of MGM Growth Properties Class A shares, net 0 792,569
Dividends paid to common shareholders (2,111) (2,457)
Distributions to noncontrolling interest owners (206,254) (155,576)
Purchases of common stock (2,116,055) (339,661)
Other (51,306) (51,718)
Net cash provided by (used in) financing activities (2,539,431) 429,986
Effect of exchange rate on cash, cash equivalents, and restricted cash (1,617) (85)
Change in cash and cash equivalents classified as assets held for sale (37,232) 0
Cash, cash equivalents, and restricted cash    
Net change for the period 581,114 524,595
Balance, beginning of period 5,203,059 5,101,637
Balance, end of period 5,784,173 5,626,232
Supplemental cash flow disclosures    
Interest paid, net of amounts capitalized 329,621 347,551
Federal, state and foreign income taxes paid (refunds received), net $ (32,736) $ 1,898