falseFY20180001656936120000000000.0633000000100000000010000000007089679570911166708967957091116635000000050000000010500000000.0450.04500.056250.018440002660309182660452892660309182P40YP20YP20YP40YP20YP20YP20YP10YP3YP20YP10YP3Y
0001656936
2019-08-16
2019-08-16
0001656936
mgp:MGMGrowthPropertiesMember
2019-08-16
2019-08-16
0001656936
2017-12-31
0001656936
2018-12-31
0001656936
us-gaap:CommonClassAMember
2018-12-31
0001656936
us-gaap:CommonClassAMember
2017-12-31
0001656936
2018-01-01
2018-12-31
0001656936
2017-01-01
2017-12-31
0001656936
2016-01-01
2016-12-31
0001656936
us-gaap:CommonClassAMember
2017-01-01
2017-12-31
0001656936
us-gaap:CommonClassAMember
2016-01-01
2016-12-31
0001656936
us-gaap:CommonClassAMember
2018-01-01
2018-12-31
0001656936
mgp:TenantReimbursementsMember
2017-01-01
2017-12-31
0001656936
mgp:TenantReimbursementsMember
2016-01-01
2016-12-31
0001656936
mgp:TenantReimbursementsMember
2018-01-01
2018-12-31
0001656936
mgp:MGMNationalHarborLLCMember
2017-01-01
2017-12-31
0001656936
2016-12-31
0001656936
2015-12-31
0001656936
mgp:BorgataHotelCasinoAndSpaMember
2017-01-01
2017-12-31
0001656936
mgp:MGMNationalHarborLLCMember
2016-01-01
2016-12-31
0001656936
mgp:MGMNationalHarborLLCMember
2018-01-01
2018-12-31
0001656936
mgp:BorgataHotelCasinoAndSpaMember
2018-01-01
2018-12-31
0001656936
mgp:BorgataHotelCasinoAndSpaMember
2016-01-01
2016-12-31
0001656936
us-gaap:AdditionalPaidInCapitalMember
2018-01-01
2018-12-31
0001656936
us-gaap:NoncontrollingInterestMember
2016-04-25
2016-12-31
0001656936
us-gaap:ParentMember
2016-04-25
2016-12-31
0001656936
us-gaap:ParentMember
2017-01-01
2017-12-31
0001656936
us-gaap:CommonStockMember
2015-12-31
0001656936
us-gaap:ParentMember
2015-12-31
0001656936
us-gaap:AdditionalPaidInCapitalMember
2017-01-01
2017-12-31
0001656936
us-gaap:AdditionalPaidInCapitalMember
2018-12-31
0001656936
2016-01-01
2016-04-24
0001656936
us-gaap:AdditionalPaidInCapitalMember
2017-12-31
0001656936
us-gaap:AociIncludingPortionAttributableToNoncontrollingInterestMember
2015-12-31
0001656936
mgp:PredecessorNetParentInvestmentMember
2016-01-01
2016-04-24
0001656936
us-gaap:NoncontrollingInterestMember
2016-01-01
2016-12-31
0001656936
us-gaap:RetainedEarningsMember
2017-01-01
2017-12-31
0001656936
us-gaap:AociIncludingPortionAttributableToNoncontrollingInterestMember
2018-12-31
0001656936
us-gaap:NoncontrollingInterestMember
2017-01-01
2017-12-31
0001656936
us-gaap:CommonStockMember
2017-12-31
0001656936
us-gaap:AdditionalPaidInCapitalMember
2016-01-01
2016-04-24
0001656936
us-gaap:RetainedEarningsMember
2018-01-01
2018-12-31
0001656936
us-gaap:AociIncludingPortionAttributableToNoncontrollingInterestMember
2017-01-01
2017-12-31
0001656936
us-gaap:NoncontrollingInterestMember
2015-12-31
0001656936
us-gaap:RetainedEarningsMember
2017-12-31
0001656936
mgp:PredecessorNetParentInvestmentMember
2015-12-31
0001656936
us-gaap:ParentMember
2018-01-01
2018-12-31
0001656936
us-gaap:NoncontrollingInterestMember
2016-12-31
0001656936
us-gaap:NoncontrollingInterestMember
2018-01-01
2018-12-31
0001656936
us-gaap:ParentMember
2016-01-01
2016-04-24
0001656936
us-gaap:RetainedEarningsMember
2016-01-01
2016-12-31
0001656936
us-gaap:AdditionalPaidInCapitalMember
2016-04-24
0001656936
us-gaap:ParentMember
2016-01-01
2016-12-31
0001656936
us-gaap:NoncontrollingInterestMember
2017-12-31
0001656936
us-gaap:AdditionalPaidInCapitalMember
2016-01-01
2016-12-31
0001656936
us-gaap:NoncontrollingInterestMember
2016-04-24
0001656936
us-gaap:NoncontrollingInterestMember
2018-12-31
0001656936
us-gaap:ParentMember
2016-04-24
0001656936
us-gaap:AdditionalPaidInCapitalMember
2015-12-31
0001656936
us-gaap:ParentMember
2016-12-31
0001656936
mgp:PredecessorNetParentInvestmentMember
2016-04-24
0001656936
us-gaap:AociIncludingPortionAttributableToNoncontrollingInterestMember
2018-01-01
2018-12-31
0001656936
us-gaap:RetainedEarningsMember
2018-12-31
0001656936
us-gaap:AdditionalPaidInCapitalMember
2016-12-31
0001656936
us-gaap:ParentMember
2017-12-31
0001656936
2016-04-24
0001656936
us-gaap:AociIncludingPortionAttributableToNoncontrollingInterestMember
2017-12-31
0001656936
us-gaap:RetainedEarningsMember
2016-12-31
0001656936
2016-04-25
2016-12-31
0001656936
us-gaap:RetainedEarningsMember
2015-12-31
0001656936
us-gaap:CommonStockMember
2016-12-31
0001656936
us-gaap:AociIncludingPortionAttributableToNoncontrollingInterestMember
2016-01-01
2016-12-31
0001656936
us-gaap:ParentMember
2018-12-31
0001656936
mgp:PredecessorNetParentInvestmentMember
2018-12-31
0001656936
mgp:PredecessorNetParentInvestmentMember
2017-12-31
0001656936
us-gaap:AociIncludingPortionAttributableToNoncontrollingInterestMember
2016-12-31
0001656936
us-gaap:RetainedEarningsMember
2016-04-25
2016-12-31
0001656936
us-gaap:CommonStockMember
2018-12-31
0001656936
mgp:PredecessorNetParentInvestmentMember
2016-12-31
0001656936
mgp:MGPOperatingPartnershipMember
2018-12-31
0001656936
mgp:MGPOperatingPartnershipMember
2017-12-31
0001656936
mgp:MGPOperatingPartnershipMember
mgp:TenantReimbursementsMember
2017-01-01
2017-12-31
0001656936
mgp:MGPOperatingPartnershipMember
mgp:TenantReimbursementsMember
2018-01-01
2018-12-31
0001656936
mgp:MGPOperatingPartnershipMember
2017-01-01
2017-12-31
0001656936
mgp:MGPOperatingPartnershipMember
2016-01-01
2016-12-31
0001656936
mgp:MGPOperatingPartnershipMember
2016-04-25
2016-12-31
0001656936
mgp:MGPOperatingPartnershipMember
2018-01-01
2018-12-31
0001656936
mgp:MGPOperatingPartnershipMember
us-gaap:SegmentContinuingOperationsMember
2017-01-01
2017-12-31
0001656936
mgp:MGPOperatingPartnershipMember
mgp:TenantReimbursementsMember
2016-01-01
2016-12-31
0001656936
mgp:MGPOperatingPartnershipMember
us-gaap:SegmentDiscontinuedOperationsMember
2017-01-01
2017-12-31
0001656936
mgp:MGPOperatingPartnershipMember
us-gaap:SegmentDiscontinuedOperationsMember
2016-01-01
2016-12-31
0001656936
mgp:MGPOperatingPartnershipMember
us-gaap:SegmentContinuingOperationsMember
2018-01-01
2018-12-31
0001656936
mgp:MGPOperatingPartnershipMember
us-gaap:SegmentContinuingOperationsMember
2016-01-01
2016-12-31
0001656936
mgp:MGPOperatingPartnershipMember
us-gaap:SegmentDiscontinuedOperationsMember
2018-01-01
2018-12-31
0001656936
mgp:MGPOperatingPartnershipMember
mgp:BorgataHotelCasinoAndSpaMember
2017-01-01
2017-12-31
0001656936
mgp:MGPOperatingPartnershipMember
mgp:BorgataHotelCasinoAndSpaMember
2016-01-01
2016-12-31
0001656936
mgp:MGPOperatingPartnershipMember
mgp:MGMNationalHarborLLCMember
2016-01-01
2016-12-31
0001656936
mgp:MGPOperatingPartnershipMember
2016-12-31
0001656936
mgp:MGPOperatingPartnershipMember
mgp:MGMNationalHarborLLCMember
2017-01-01
2017-12-31
0001656936
mgp:MGPOperatingPartnershipMember
mgp:MGMNationalHarborLLCMember
2018-01-01
2018-12-31
0001656936
mgp:MGPOperatingPartnershipMember
mgp:BorgataHotelCasinoAndSpaMember
2018-01-01
2018-12-31
0001656936
mgp:MGPOperatingPartnershipMember
2015-12-31
0001656936
mgp:MGPOperatingPartnershipMember
us-gaap:LimitedPartnerMember
2016-01-01
2016-12-31
0001656936
mgp:MGPOperatingPartnershipMember
us-gaap:GeneralPartnerMember
2018-12-31
0001656936
mgp:MGPOperatingPartnershipMember
us-gaap:LimitedPartnerMember
2018-01-01
2018-12-31
0001656936
mgp:MGPOperatingPartnershipMember
us-gaap:LimitedPartnerMember
2018-12-31
0001656936
mgp:MGPOperatingPartnershipMember
us-gaap:LimitedPartnerMember
2017-01-01
2017-12-31
0001656936
mgp:MGPOperatingPartnershipMember
us-gaap:GeneralPartnerMember
2016-12-31
0001656936
mgp:MGPOperatingPartnershipMember
mgp:PredecessorNetParentInvestmentMember
2016-01-01
2016-04-24
0001656936
mgp:MGPOperatingPartnershipMember
mgp:PredecessorNetParentInvestmentMember
2015-12-31
0001656936
mgp:MGPOperatingPartnershipMember
us-gaap:LimitedPartnerMember
2015-12-31
0001656936
mgp:MGPOperatingPartnershipMember
us-gaap:LimitedPartnerMember
2016-04-25
2016-12-31
0001656936
mgp:MGPOperatingPartnershipMember
mgp:PredecessorNetParentInvestmentMember
2018-12-31
0001656936
mgp:MGPOperatingPartnershipMember
us-gaap:LimitedPartnerMember
2017-12-31
0001656936
mgp:MGPOperatingPartnershipMember
us-gaap:GeneralPartnerMember
2015-12-31
0001656936
mgp:MGPOperatingPartnershipMember
us-gaap:LimitedPartnerMember
2016-04-24
0001656936
mgp:MGPOperatingPartnershipMember
2016-04-24
0001656936
mgp:MGPOperatingPartnershipMember
2016-01-01
2016-04-24
0001656936
mgp:MGPOperatingPartnershipMember
mgp:PredecessorNetParentInvestmentMember
2016-12-31
0001656936
mgp:MGPOperatingPartnershipMember
mgp:PredecessorNetParentInvestmentMember
2016-04-24
0001656936
mgp:MGPOperatingPartnershipMember
us-gaap:LimitedPartnerMember
2016-12-31
0001656936
mgp:MGPOperatingPartnershipMember
mgp:PredecessorNetParentInvestmentMember
2017-12-31
0001656936
mgp:MGPOperatingPartnershipMember
us-gaap:GeneralPartnerMember
2017-12-31
0001656936
mgp:ParkMGMLeaseTransactionMember
2018-12-20
2018-12-20
0001656936
mgp:EmpireCityCasinoMember
2019-01-29
2019-01-29
0001656936
mgp:EmpireCityCasinoMember
2018-05-28
2018-05-28
0001656936
us-gaap:IPOMember
2016-04-25
2016-04-25
0001656936
srt:ParentCompanyMember
2018-01-01
2018-12-31
0001656936
srt:ParentCompanyMember
2016-04-25
2016-04-25
0001656936
mgp:OperatingPartnershipUnitstoMGPsClassASharesMember
2018-01-01
2018-12-31
0001656936
mgp:ParkMGMLeaseTransactionMember
2018-12-20
0001656936
mgp:CorporateServicesAgreementMember
2016-04-25
2016-12-31
0001656936
mgp:MGPOperatingPartnershipMember
us-gaap:VariableInterestEntityPrimaryBeneficiaryMember
2018-12-31
0001656936
srt:AffiliatedEntityMember
2018-01-01
2018-12-31
0001656936
mgp:CorporateServicesAgreementMember
2018-01-01
2018-12-31
0001656936
srt:AffiliatedEntityMember
2018-12-31
0001656936
mgp:CorporateServicesAgreementMember
2017-01-01
2017-12-31
0001656936
srt:MaximumMember
us-gaap:LandImprovementsMember
2018-01-01
2018-12-31
0001656936
srt:MinimumMember
us-gaap:MachineryAndEquipmentMember
2018-01-01
2018-12-31
0001656936
srt:MinimumMember
us-gaap:LandImprovementsMember
2018-01-01
2018-12-31
0001656936
srt:MinimumMember
us-gaap:BuildingAndBuildingImprovementsMember
2018-01-01
2018-12-31
0001656936
srt:MaximumMember
us-gaap:MachineryAndEquipmentMember
2018-01-01
2018-12-31
0001656936
srt:MaximumMember
us-gaap:BuildingAndBuildingImprovementsMember
2018-01-01
2018-12-31
0001656936
mgp:NorthfieldParkAssociatesLLCMember
2018-12-31
0001656936
us-gaap:DiscontinuedOperationsHeldforsaleMember
mgp:NorthfieldOpCoMember
2018-12-31
0001656936
2016-08-01
0001656936
mgp:BorgataPropertyMember
mgp:IncreaseInBaseRentMember
2016-08-01
2016-08-01
0001656936
mgp:MGMNationalHarborCasinoResortMember
mgp:IncreaseInBaseRentMember
2017-10-05
2017-10-05
0001656936
mgp:NorthfieldRealEstateLeasedAssetsMember
2018-09-18
2018-09-18
0001656936
mgp:NorthfieldParkAssociatesLLCMember
2018-07-06
2018-12-31
0001656936
mgp:BorgataPropertyMember
mgp:MasterLeaseIncreaseInRentMember
2016-08-01
2016-08-01
0001656936
mgp:BorgataHotelCasinoAndSpaMember
2016-08-01
0001656936
mgp:MGMNationalHarborCasinoResortMember
mgp:IncreaseInPercentageRentMember
2017-10-05
2017-10-05
0001656936
mgp:MGMNationalHarborLLCMember
2017-10-05
0001656936
mgp:MGMNationalHarborLLCMember
2017-10-05
2017-10-05
0001656936
us-gaap:SecuredDebtMember
mgp:SeniorCreditFacilityTermLoanAMember
2018-07-06
2018-07-06
0001656936
us-gaap:RevolvingCreditFacilityMember
mgp:SeniorSecuredRevolvingCreditFacilityMember
2018-07-06
2018-07-06
0001656936
2018-09-18
0001656936
mgp:NorthfieldParkAssociatesLLCMember
2018-07-06
2018-07-06
0001656936
mgp:BorgataPropertyMember
mgp:IncreaseInPercentageRentMember
2016-08-01
2016-08-01
0001656936
mgp:MasterLeaseBaseRentMember
2016-08-01
0001656936
mgp:BorgataPropertyMember
mgp:MasterLeasePercentageRentMember
2016-08-01
0001656936
mgp:MGMNationalHarborCasinoResortMember
mgp:MasterLeaseIncreaseInRentMember
2017-10-05
2017-10-05
0001656936
us-gaap:LandMember
2017-12-31
0001656936
us-gaap:LandMember
2018-12-31
0001656936
mgp:BuildingsBuildingImprovementsLandImprovementsAndIntegralEquipmentMember
2017-12-31
0001656936
mgp:BuildingsBuildingImprovementsLandImprovementsAndIntegralEquipmentMember
2018-12-31
0001656936
mgp:MasterLeaseMember
2016-01-01
2016-12-31
0001656936
mgp:MasterLeasePercentageRentMember
2018-01-01
2018-12-31
0001656936
mgp:MasterLeaseMember
2018-12-31
0001656936
mgp:MGMNationalHarborCasinoResortMember
mgp:MasterLeaseIncreaseInRentMember
2017-10-05
0001656936
mgp:MasterLeaseMember
2017-01-01
2017-12-31
0001656936
mgp:MasterLeaseBaseRentMember
2018-12-31
0001656936
mgp:BorgataPropertyMember
mgp:MasterLeaseMember
2016-08-01
2016-08-01
0001656936
mgp:MasterLeaseMember
2018-01-01
2018-12-31
0001656936
mgp:MasterLeaseBaseRentMember
2018-04-01
0001656936
mgp:MGMNationalHarborCasinoResortMember
mgp:MasterLeasePercentageRentMember
2017-10-05
0001656936
mgp:MasterLeaseMember
2017-10-05
0001656936
2017-10-05
0001656936
us-gaap:RevolvingCreditFacilityMember
mgp:SeniorSecuredRevolvingCreditFacilityMember
2018-06-30
0001656936
us-gaap:SecuredDebtMember
mgp:SeniorCreditFacilityTermLoanAMember
us-gaap:LondonInterbankOfferedRateLIBORMember
2018-06-01
2018-06-30
0001656936
us-gaap:SecuredDebtMember
mgp:SeniorCreditFacilityTermLoanBMember
us-gaap:LondonInterbankOfferedRateLIBORMember
2018-03-01
2018-03-31
0001656936
mgp:A4.50SeniorNotesDue2028Member
mgp:OperatingPartnershipSeniorNotesMember
2016-09-30
0001656936
mgp:SeniorCreditFacilityTermLoanBMember
mgp:OperatingPartnershipCreditAgreementMember
2018-01-01
2018-12-31
0001656936
mgp:SeniorCreditFacilityTermLoanAMember
mgp:OperatingPartnershipCreditAgreementMember
2018-01-01
2018-12-31
0001656936
us-gaap:SecuredDebtMember
mgp:SeniorCreditFacilityTermLoanAMember
2018-06-30
0001656936
mgp:SeniorSecuredRevolvingCreditFacilityMember
2018-12-31
0001656936
mgp:A5.625SeniorNotesDue2024Member
mgp:OperatingPartnershipSeniorNotesMember
2018-01-01
2018-12-31
0001656936
mgp:SeniorSecuredRevolvingCreditFacilityMember
mgp:OperatingPartnershipCreditAgreementMember
2018-12-31
0001656936
us-gaap:RevolvingCreditFacilityMember
mgp:SeniorSecuredRevolvingCreditFacilityMember
2018-06-01
2018-06-30
0001656936
mgp:A5.625SeniorNotesDue2024Member
mgp:OperatingPartnershipSeniorNotesMember
2016-04-30
0001656936
mgp:SeniorCreditFacilityTermLoanBMember
mgp:OperatingPartnershipCreditAgreementMember
2018-12-31
0001656936
us-gaap:RevolvingCreditFacilityMember
mgp:SeniorSecuredRevolvingCreditFacilityMember
2018-12-31
0001656936
us-gaap:SecuredDebtMember
mgp:SeniorCreditFacilityTermLoanBMember
2018-12-31
0001656936
mgp:A4.50SeniorNotesDue2028Member
mgp:OperatingPartnershipSeniorNotesMember
2019-01-31
0001656936
mgp:A5.75seniornotesdue2027Member
mgp:OperatingPartnershipSeniorNotesMember
2019-01-31
0001656936
us-gaap:SecuredDebtMember
mgp:SeniorCreditFacilityTermLoanAMember
2018-12-31
0001656936
mgp:A4.5SeniorNotesDue2026Member
mgp:OperatingPartnershipSeniorNotesMember
2016-08-31
0001656936
us-gaap:SecuredDebtMember
mgp:SeniorCreditFacilityTermLoanAMember
2018-06-01
2018-06-30
0001656936
mgp:SeniorCreditFacilityTermLoanAMember
mgp:OperatingPartnershipCreditAgreementMember
2018-12-31
0001656936
mgp:A4.5SeniorNotesDue2026Member
2018-12-31
0001656936
mgp:SeniorSecuredRevolvingCreditFacilityMember
2017-12-31
0001656936
mgp:A4.5SeniorNotesDue2026Member
2017-12-31
0001656936
mgp:A4.50SeniorNotesDue2028Member
2018-12-31
0001656936
mgp:A4.50SeniorNotesDue2028Member
2017-12-31
0001656936
mgp:A5.625SeniorNotesDue2024Member
2018-12-31
0001656936
mgp:SeniorCreditFacilityTermLoanBMember
2018-12-31
0001656936
mgp:SeniorCreditFacilityTermLoanAMember
2018-12-31
0001656936
mgp:SeniorCreditFacilityTermLoanBMember
2017-12-31
0001656936
mgp:SeniorCreditFacilityTermLoanAMember
2017-12-31
0001656936
mgp:A5.625SeniorNotesDue2024Member
2017-12-31
0001656936
mgp:A4.5SeniorNotesDue2026Member
us-gaap:SeniorNotesMember
2018-12-31
0001656936
mgp:A5.625SeniorNotesDue2024Member
us-gaap:SeniorNotesMember
2018-12-31
0001656936
mgp:A4.50SeniorNotesDue2028Member
us-gaap:SeniorNotesMember
2018-12-31
0001656936
us-gaap:InterestRateSwapMember
2017-01-01
2017-12-31
0001656936
us-gaap:InterestRateSwapMember
us-gaap:DesignatedAsHedgingInstrumentMember
2018-12-31
0001656936
mgp:PrepaidExpensesandOtherAssetsMember
us-gaap:InterestRateSwapMember
2017-12-31
0001656936
us-gaap:InterestRateSwapMember
2018-01-01
2018-12-31
0001656936
us-gaap:InterestRateSwapMember
2018-12-31
0001656936
mgp:PrepaidExpensesandOtherAssetsMember
us-gaap:InterestRateSwapMember
2018-12-31
0001656936
us-gaap:InterestRateSwapMember
2017-12-31
0001656936
mgp:TaxableREITSubsidiariesTRSMember
2018-01-01
2018-12-31
0001656936
srt:SubsidiariesMember
us-gaap:SegmentContinuingOperationsMember
2018-01-01
2018-12-31
0001656936
srt:SubsidiariesMember
2018-01-01
2018-12-31
0001656936
us-gaap:AccumulatedOtherComprehensiveIncomeMember
2017-12-31
0001656936
us-gaap:AociAttributableToNoncontrollingInterestMember
2018-01-01
2018-12-31
0001656936
us-gaap:AccumulatedOtherComprehensiveIncomeMember
2018-12-31
0001656936
us-gaap:AccumulatedOtherComprehensiveIncomeMember
2016-12-31
0001656936
us-gaap:AccumulatedNetGainLossFromCashFlowHedgesIncludingPortionAttributableToNoncontrollingInterestMember
2018-01-01
2018-12-31
0001656936
us-gaap:AccumulatedNetGainLossFromCashFlowHedgesIncludingPortionAttributableToNoncontrollingInterestMember
2017-01-01
2017-12-31
0001656936
us-gaap:AociAttributableToNoncontrollingInterestMember
2017-01-01
2017-12-31
0001656936
us-gaap:CommonClassAMember
mgp:PublicStockOfferingMember
2017-09-11
2017-09-11
0001656936
us-gaap:CommonClassAMember
mgp:PublicStockOfferingMember
2019-01-31
2019-01-31
0001656936
us-gaap:CommonClassAMember
us-gaap:OverAllotmentOptionMember
2017-09-11
2017-09-11
0001656936
srt:SubsidiariesMember
2017-10-05
2017-10-05
0001656936
us-gaap:CommonClassAMember
us-gaap:OverAllotmentOptionMember
2019-01-31
2019-01-31
0001656936
us-gaap:StockCompensationPlanMember
2018-01-01
2018-12-31
0001656936
mgp:CoIssuerMember
srt:ReportableLegalEntitiesMember
2017-01-01
2017-12-31
0001656936
mgp:MGPOperatingPartnershipMember
srt:ReportableLegalEntitiesMember
2017-01-01
2017-12-31
0001656936
srt:ConsolidationEliminationsMember
2017-01-01
2017-12-31
0001656936
srt:GuarantorSubsidiariesMember
srt:ReportableLegalEntitiesMember
2017-01-01
2017-12-31
0001656936
mgp:CoIssuerMember
srt:ReportableLegalEntitiesMember
2017-12-31
0001656936
srt:GuarantorSubsidiariesMember
srt:ReportableLegalEntitiesMember
2017-12-31
0001656936
srt:ConsolidationEliminationsMember
2017-12-31
0001656936
mgp:MGPOperatingPartnershipMember
srt:ReportableLegalEntitiesMember
2016-12-31
0001656936
srt:GuarantorSubsidiariesMember
srt:ReportableLegalEntitiesMember
2016-12-31
0001656936
mgp:CoIssuerMember
srt:ReportableLegalEntitiesMember
2016-12-31
0001656936
srt:ConsolidationEliminationsMember
2016-12-31
0001656936
mgp:MGPOperatingPartnershipMember
srt:ReportableLegalEntitiesMember
2017-12-31
0001656936
mgp:MGPOperatingPartnershipMember
srt:ReportableLegalEntitiesMember
mgp:TenantReimbursementsMember
2017-01-01
2017-12-31
0001656936
srt:ConsolidationEliminationsMember
mgp:TenantReimbursementsMember
2017-01-01
2017-12-31
0001656936
srt:GuarantorSubsidiariesMember
srt:ReportableLegalEntitiesMember
mgp:TenantReimbursementsMember
2017-01-01
2017-12-31
0001656936
mgp:CoIssuerMember
srt:ReportableLegalEntitiesMember
mgp:TenantReimbursementsMember
2017-01-01
2017-12-31
0001656936
mgp:MGPOperatingPartnershipMember
srt:ConsolidationEliminationsMember
2018-01-01
2018-12-31
0001656936
mgp:MGPOperatingPartnershipMember
srt:SubsidiaryIssuerMember
srt:ReportableLegalEntitiesMember
2018-01-01
2018-12-31
0001656936
srt:ConsolidationEliminationsMember
2018-01-01
2018-12-31
0001656936
mgp:MGPOperatingPartnershipMember
srt:ReportableLegalEntitiesMember
2018-01-01
2018-12-31
0001656936
mgp:CoIssuerMember
srt:ReportableLegalEntitiesMember
2018-01-01
2018-12-31
0001656936
mgp:MGPOperatingPartnershipMember
mgp:RentalPropertiesMember
2018-01-01
2018-12-31
0001656936
mgp:MGPOperatingPartnershipMember
srt:GuarantorSubsidiariesMember
srt:ReportableLegalEntitiesMember
2018-01-01
2018-12-31
0001656936
srt:GuarantorSubsidiariesMember
srt:ReportableLegalEntitiesMember
2018-01-01
2018-12-31
0001656936
mgp:MGPOperatingPartnershipMember
srt:ParentCompanyMember
srt:ReportableLegalEntitiesMember
2018-01-01
2018-12-31
0001656936
mgp:RentalPropertiesMember
2018-01-01
2018-12-31
0001656936
mgp:MGPOperatingPartnershipMember
srt:ReportableLegalEntitiesMember
mgp:TenantReimbursementsMember
2018-01-01
2018-12-31
0001656936
mgp:MGPOperatingPartnershipMember
srt:ParentCompanyMember
srt:ReportableLegalEntitiesMember
mgp:RentalPropertiesMember
2018-01-01
2018-12-31
0001656936
mgp:MGPOperatingPartnershipMember
srt:ConsolidationEliminationsMember
mgp:RentalPropertiesMember
2018-01-01
2018-12-31
0001656936
srt:GuarantorSubsidiariesMember
srt:ReportableLegalEntitiesMember
mgp:RentalPropertiesMember
2018-01-01
2018-12-31
0001656936
srt:ConsolidationEliminationsMember
mgp:TenantReimbursementsMember
2018-01-01
2018-12-31
0001656936
mgp:MGPOperatingPartnershipMember
srt:SubsidiaryIssuerMember
srt:ReportableLegalEntitiesMember
mgp:RentalPropertiesMember
2018-01-01
2018-12-31
0001656936
mgp:MGPOperatingPartnershipMember
srt:ReportableLegalEntitiesMember
mgp:RentalPropertiesMember
2018-01-01
2018-12-31
0001656936
mgp:CoIssuerMember
srt:ReportableLegalEntitiesMember
mgp:TenantReimbursementsMember
2018-01-01
2018-12-31
0001656936
mgp:CoIssuerMember
srt:ReportableLegalEntitiesMember
mgp:RentalPropertiesMember
2018-01-01
2018-12-31
0001656936
srt:ConsolidationEliminationsMember
mgp:RentalPropertiesMember
2018-01-01
2018-12-31
0001656936
mgp:MGPOperatingPartnershipMember
srt:GuarantorSubsidiariesMember
srt:ReportableLegalEntitiesMember
mgp:RentalPropertiesMember
2018-01-01
2018-12-31
0001656936
srt:GuarantorSubsidiariesMember
srt:ReportableLegalEntitiesMember
mgp:TenantReimbursementsMember
2018-01-01
2018-12-31
0001656936
mgp:CoIssuerMember
srt:ReportableLegalEntitiesMember
2018-12-31
0001656936
mgp:MGPOperatingPartnershipMember
srt:ReportableLegalEntitiesMember
2018-12-31
0001656936
srt:GuarantorSubsidiariesMember
srt:ReportableLegalEntitiesMember
2018-12-31
0001656936
srt:ConsolidationEliminationsMember
2018-12-31
0001656936
mgp:CoIssuerMember
srt:SubsidiaryIssuerMember
srt:ReportableLegalEntitiesMember
2018-12-31
0001656936
mgp:MGPOperatingPartnershipMember
srt:ConsolidationEliminationsMember
2018-12-31
0001656936
mgp:MGPOperatingPartnershipMember
srt:ParentCompanyMember
srt:ReportableLegalEntitiesMember
2018-12-31
0001656936
mgp:MGPOperatingPartnershipMember
srt:GuarantorSubsidiariesMember
srt:ReportableLegalEntitiesMember
2017-12-31
0001656936
mgp:MGPOperatingPartnershipMember
srt:SubsidiaryIssuerMember
srt:ReportableLegalEntitiesMember
2018-12-31
0001656936
mgp:MGPOperatingPartnershipMember
srt:SubsidiaryIssuerMember
srt:ReportableLegalEntitiesMember
2017-12-31
0001656936
mgp:MGPOperatingPartnershipMember
srt:ConsolidationEliminationsMember
2017-12-31
0001656936
mgp:MGPOperatingPartnershipMember
srt:GuarantorSubsidiariesMember
srt:ReportableLegalEntitiesMember
2018-12-31
0001656936
mgp:MGPOperatingPartnershipMember
srt:ParentCompanyMember
srt:ReportableLegalEntitiesMember
2017-12-31
0001656936
mgp:CoIssuerMember
srt:ReportableLegalEntitiesMember
2016-01-01
2016-12-31
0001656936
mgp:MGPOperatingPartnershipMember
srt:ReportableLegalEntitiesMember
2016-01-01
2016-12-31
0001656936
srt:ConsolidationEliminationsMember
2016-01-01
2016-12-31
0001656936
srt:GuarantorSubsidiariesMember
srt:ReportableLegalEntitiesMember
2016-01-01
2016-12-31
0001656936
mgp:CoIssuerMember
srt:ReportableLegalEntitiesMember
mgp:TenantReimbursementsMember
2016-01-01
2016-12-31
0001656936
mgp:MGPOperatingPartnershipMember
srt:ReportableLegalEntitiesMember
mgp:TenantReimbursementsMember
2016-01-01
2016-12-31
0001656936
srt:ConsolidationEliminationsMember
mgp:TenantReimbursementsMember
2016-01-01
2016-12-31
0001656936
srt:GuarantorSubsidiariesMember
srt:ReportableLegalEntitiesMember
mgp:TenantReimbursementsMember
2016-01-01
2016-12-31
0001656936
srt:GuarantorSubsidiariesMember
srt:ReportableLegalEntitiesMember
2015-12-31
0001656936
mgp:MGPOperatingPartnershipMember
srt:ReportableLegalEntitiesMember
2015-12-31
0001656936
srt:ConsolidationEliminationsMember
2015-12-31
0001656936
mgp:CoIssuerMember
srt:ReportableLegalEntitiesMember
2015-12-31
0001656936
2017-10-01
2017-12-31
0001656936
2017-04-01
2017-06-30
0001656936
2017-07-01
2017-09-30
0001656936
2018-07-01
2018-09-30
0001656936
2018-01-01
2018-03-31
0001656936
2018-10-01
2018-12-31
0001656936
2017-01-01
2017-03-31
0001656936
2018-04-01
2018-06-30
0001656936
mgp:MGPOperatingPartnershipMember
2018-04-01
2018-06-30
0001656936
mgp:MGPOperatingPartnershipMember
2018-10-01
2018-12-31
0001656936
mgp:MGPOperatingPartnershipMember
2017-04-01
2017-06-30
0001656936
mgp:MGPOperatingPartnershipMember
2018-01-01
2018-03-31
0001656936
mgp:MGPOperatingPartnershipMember
2017-01-01
2017-03-31
0001656936
mgp:MGPOperatingPartnershipMember
2017-07-01
2017-09-30
0001656936
mgp:MGPOperatingPartnershipMember
2017-10-01
2017-12-31
0001656936
mgp:MGPOperatingPartnershipMember
2018-07-01
2018-09-30
0001656936
mgp:InvestmentPropertiesMember
mgp:BorgataHotelCasinoAndSpaMember
2018-12-31
0001656936
mgp:InvestmentPropertiesMember
mgp:TheParkMember
2018-12-31
0001656936
mgp:InvestmentPropertiesMember
mgp:MGMGrandDetroitMember
2018-12-31
0001656936
mgp:InvestmentPropertiesMember
mgp:LuxorMember
2018-12-31
0001656936
mgp:InvestmentPropertiesMember
mgp:ExcaliburMember
2018-12-31
0001656936
mgp:InvestmentPropertiesMember
mgp:BeauRivageMember
2018-12-31
0001656936
mgp:InvestmentPropertiesMember
2018-12-31
0001656936
mgp:InvestmentPropertiesMember
mgp:MonteCarloMember
2018-12-31
0001656936
mgp:InvestmentPropertiesMember
mgp:MGMNationalHarborCasinoResortMember
2018-12-31
0001656936
mgp:InvestmentPropertiesMember
mgp:MandalayBayMember
2018-12-31
0001656936
mgp:InvestmentPropertiesMember
mgp:NewYorkNewYorkMember
2018-12-31
0001656936
mgp:InvestmentPropertiesMember
mgp:GoldStrikeTunicaMember
2018-12-31
0001656936
mgp:InvestmentPropertiesMember
mgp:TheMirageMember
2018-12-31
0001656936
srt:OfficeBuildingMember
mgp:MGMCorporateOfficeMember
2018-12-31
0001656936
mgp:InvestmentPropertiesMember
mgp:NorthfieldOpCoMember
2018-12-31
0001656936
mgp:BorgataPropertyMember
2016-01-01
2016-12-31
0001656936
mgp:NorthfieldOpCoMember
2018-01-01
2018-12-31
0001656936
srt:MinimumMember
us-gaap:BuildingAndBuildingImprovementsMember
2018-01-01
2018-12-31
0001656936
srt:MaximumMember
us-gaap:MachineryAndEquipmentMember
2018-01-01
2018-12-31
0001656936
srt:MaximumMember
us-gaap:LandImprovementsMember
2018-01-01
2018-12-31
0001656936
srt:MaximumMember
us-gaap:BuildingAndBuildingImprovementsMember
2018-01-01
2018-12-31
0001656936
srt:MinimumMember
us-gaap:LandImprovementsMember
2018-01-01
2018-12-31
0001656936
srt:MinimumMember
us-gaap:MachineryAndEquipmentMember
2018-01-01
2018-12-31
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
mgp:period
mgp:segment
mgp:term
xbrli:pure
utreg:acre
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): August 16, 2019
MGM Growth Properties LLC
MGM Growth Properties Operating Partnership LP
(Exact name of registrant as specified in its charter)
|
| | | | | | | |
| Delaware | (MGM Growth Properties LLC) | | 001-37733 | | 47-5513237 | |
| Delaware | (MGM Growth Properties Operating Partnership LP) | | 333-215571 | | 81-1162318 | |
| (State or other jurisdiction of incorporation) | | | (Commission File Number) | | (I.R.S. Employer Identification No.) | |
1980 Festival Plaza Drive, Suite 750, Las Vegas, Nevada 89135
(Address of principal executive offices – Zip Code)
(702) 669-1480
(Registrant’s telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
|
| |
☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
|
| | | | |
Title of each class | | Trading Symbol(s) | | Name of each exchange on which registered |
Class A Shares of MGM Growth Properties LLC, No Par Value | | MGP | | New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
|
| |
MGM Growth Properties LLC | ☐ |
MGM Growth Properties Operating Partnership LP | ☐ |
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
|
| |
MGM Growth Properties LLC | ¨
|
MGM Growth Properties Operating Partnership LP | ¨
|
ITEM 8.01 OTHER EVENTS
This Current Report on Form 8-K (“Current Report”) is being filed by MGM Growth Properties LLC (the “Company”) and MGM Growth Properties Operating Partnership LP (together with the Company, the “Registrants”) to reflect retrospective adjustments that have been made to the consolidated financial statements and certain related information filed by the Registrants on February 27, 2019 as Items 6, 7 and 8 to the Registrants’ Annual Reports on Form 10-K for the year ended December 31, 2018 (“2018 Form 10-K”). As disclosed in the Registrants’ Quarterly Report on Form 10-Q for the period ended June 30, 2019, the Registrants’ taxable real estate investment subsidiary (“TRS”) liquidated. Concurrently, a subsidiary of MGM Resorts International (“MGM”) acquired the membership interests of Northfield Park Associates, LLC (“Northfield”), the entity that previously owned the real estate assets and operations of the Hard Rock Rocksino Northfield Park in Northfield, Ohio and the Registrants retained the real estate assets. This transaction was accounted for as a transaction between entities under common control and, therefore, the Registrants’ TRS carried the Northfield operating assets and liabilities as held and used until the close of the transaction on April 1, 2019. Due to the close of the transaction, the Registrants have now reflected such operating assets and liabilities as assets held for sale and the corresponding operations as discontinued operations for the applicable prior periods on a retrospective basis.
This Current Report and its exhibits are being filed solely to reflect the retrospective recasting for the discontinued operations. The below listed selections of the 2018 Form 10-K are being adjusted retrospectively:
| |
• | Part II, Item 6. Selected Financial Data; |
| |
• | Part II, Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations; and |
| |
• | Part II, Item 8. Financial Statements and Supplementary Data. |
The above selections of the 2018 Form 10-K are filed hereunder as Exhibit 99.1, which is incorporated herein by reference. This Current Report does not reflect events that may have occurred subsequent to the original filing date of the 2018 Form 10-K, and does not modify or update in any way the disclosures made in the 2018 Form 10-K other than as required to retrospectively reflect the discontinued operations. All other information in the 2018 Form 10-K remains unchanged. Unaffected sections of the 2018 Form 10-K have not been repeated in, and are not amended or modified by, such Exhibit 99.1. Management’s Discussion and Analysis of Financial Condition and Results of Operations has not been updated for information known to management subsequent to the date of filing of the 2018 Form 10-K. The information in this Current Report should be read in conjunction with the 2018 Form 10-K and filings made by the Registrants subsequent to the filing of the 2018 Form 10-K, including the Registrants’ Quarterly Report on Form 10-Q for the period ended March 31, 2019, filed on May 7, 2019 and the Registrants’ Quarterly Report on Form 10-Q for the period ended June 30, 2019, filed on August 7, 2019.
Within such Exhibits, all references to “we,” “us,” “our,” “MGP” or “the Company” refer to MGM Growth Properties LLC together with its consolidated subsidiaries, including MGM Growth Properties Operating Partnership LP. Unless otherwise indicated or unless the context requires otherwise, all references to the “Operating Partnership” refer to MGM Growth Properties Operating Partnership LP together with its consolidated subsidiaries.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
|
| |
| Consent of Deloitte & Touche LLP for MGM Growth Properties LLC
|
| |
| Consent of Deloitte & Touche LLP for MGM Growth Properties Operating Partnership LP
|
| |
| Updates, where applicable, to the 2018 Form 10-K, as follows: Part II. Item 6. Selected Financial Data, Part II. Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations, and Part II. Item 8. Financial Statements and Supplementary Data. |
| |
101.INS | XBRL Instance Document. |
| |
101.SCH | XBRL Schema Document. |
| |
101.CAL | XBRL Calculation Linkbase Document. |
| |
101.DEF | XBRL Definition Linkbase Document. |
| |
101.LAB | XBRL Label Linkbase Document. |
| |
101.PRE | XBRL Taxonomy Extension Presentation Linkbase Document. |
| |
104 | The cover page from this Current Report on Form 8-K, formatted in Inline XBRL. |
In accordance with Rule 402 of Regulation S-T, the XBRL information included in Exhibit 101 and Exhibit 104 to this Form 8-K shall not be deemed to be filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrants have duly caused this report to be signed on their behalf by the undersigned, thereunto duly authorized.
|
| | |
| MGM Growth Properties LLC |
| | |
Date: August 16, 2019 | By: | /s/ ANDY H. CHIEN |
| | Andy H. Chien |
| | Chief Financial Officer and Treasurer |
| | |
| MGM Growth Properties Operating Partnership LP |
| By: | MGM Growth Properties OP GP LLC, its general partner |
| | |
Date: August 16, 2019 | By: | /s/ ANDY H. CHIEN |
| | Andy H. Chien |
| | Chief Financial Officer and Treasurer |