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Master Lease Financing Obligation (Tables)
12 Months Ended
Dec. 31, 2016
Master Lease Financing Obligation  
Schedule of future minimum payments related to the Master Lease financing obligation with GLPI

The future minimum payments related to the Master Lease financing obligation with GLPI, at December 31, 2016 are as follows (in thousands):

 

 

 

 

 

 

2017

    

$

389,496

 

2018

 

 

378,716

 

2019

 

 

324,819

 

2020

 

 

324,819

 

2021

 

 

324,819

 

Thereafter

 

 

8,715,981

 

Total minimum payments

 

 

10,458,650

 

Less amounts representing interest at 9.70%

 

 

(7,332,321)

 

Plus residual values

 

 

387,751

 

Present value of future minimum payments

 

 

3,514,080

 

Less current portion of financing obligation

 

 

(56,595)

 

Long-term portion of financing obligation

 

$

3,457,485