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v3.21.2

Business Combination - Considerations Transferred (Details) - USD ($) $ / shares in Units, $ in Thousands |  | 1 Months Ended | 9 Months Ended |
--- | --- | --- | --- | ---
Apr. 01, 2021 | Sep. 30, 2021 | Sep. 30, 2021 | Sep. 30, 2020 | Dec. 31, 2020
Business Combination, Separately Recognized Transactions [Line Items] |  |  |  |  |
Cash, net of assumed debt |  |  | $ 149,613 | $ 2,750 |
Goodwill |  | $ 227,588 | $ 227,588 |  | $ 2,738
Luxco |  |  |  |  |
Business Combination, Separately Recognized Transactions [Line Items] |  |  |  |  |
Cash, net of assumed debt | $ 150,092 |  |  |  |
Value of MGP Common Stock issued at close | 296,279 |  |  |  |
Fair value of total consideration transferred | 446,371 |  |  |  |
Cash | 479 |  |  |  |
Receivables | 29,675 |  |  |  |
Inventory | 90,854 |  |  |  |
Prepaid expenses | 1,454 |  |  |  |
Property, plant and equipment, net | 41,279 |  |  |  |
Investments in joint ventures | 5,085 |  |  |  |
Intangible assets | 219,500 |  |  |  |
Other assets | 4,257 |  |  |  |
Total assets | 392,583 |  |  |  |
Current maturities of long-term debt | 87,509 |  |  |  |
Accounts payable | 14,453 |  |  |  |
Federal and state liquor taxes payable | 8,352 |  |  |  |
Accrued expenses and other | 2,832 |  |  |  |
Other noncurrent liabilities | 196 |  |  |  |
Deferred income taxes | 57,720 |  |  |  |
Total liabilities | 171,062 |  |  |  |
Goodwill | 224,850 |  |  |  |
Total | $ 446,371 |  |  |  |
Common stock issued to acquire business (in shares) | 5,007,833 |  |  |  |
Common stock price to acquire business (in US dollars per share) | $ 59.15 |  |  |  |
Increase in stock consideration (in shares) |  | 1,373 |  |  |
Luxco | Trade Names |  |  |  |  |
Business Combination, Separately Recognized Transactions [Line Items] |  |  |  |  |
Intangible assets | $ 178,100 |  |  |  |
Luxco | Distribution Rights |  |  |  |  |
Business Combination, Separately Recognized Transactions [Line Items] |  |  |  |  |
Intangible assets | $ 41,400 |  |  |  |

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