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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
ASSETS    
Real estate investments, net $ 9,019,620 $ 9,079,678
Cash and cash equivalents 368,298 360,492
Tenant and other receivables, net 4,612 9,503
Prepaid expenses and other assets 11,154 10,906
Above market lease, asset 45,768 46,161
Total assets 9,449,452 9,506,740
Liabilities    
Debt, net 3,606,973 3,621,942
Due to MGM Resorts International and affiliates 816 166
Accounts payable, accrued expenses and other liabilities 4,829 10,478
Above market lease, liability 47,735 47,957
Accrued interest 27,018 26,137
Dividend payable 94,109 94,109
Deferred revenue 80,567 72,322
Deferred income taxes, net 25,368 25,368
Total liabilities 3,887,415 3,898,479
Commitments and contingencies (Note 12)
Partners' capital    
General partner 0 0
Limited partners: 242,862,136 Operating Partnership units issued and outstanding as of March 31, 2017 and December 31, 2016 5,562,037 5,608,261
Total partners' capital 5,562,037 5,608,261
Shareholders’ equity    
Additional paid-in capital 1,363,270 1,363,130
Accumulated deficit (40,692) (29,758)
Accumulated other comprehensive income 295 445
Noncontrolling interest 4,239,164 4,274,444
Total shareholders’ equity 5,562,037 5,608,261
Total liabilities and shareholders’ equity 9,449,452 9,506,740
Class A Shares    
Shareholders’ equity    
Class A shares: no par value, 1,000,000,000 shares authorized, 57,500,000 shares issued and outstanding as of March 31, 2017 and December 31, 2016, respectively 0 0
Total Class A shareholders’ equity 1,322,873 1,333,817
MGP Operating Partnership    
ASSETS    
Real estate investments, net 9,019,620 9,079,678
Cash and cash equivalents 368,298 360,492
Tenant and other receivables, net 4,612 9,503
Prepaid expenses and other assets 11,154 10,906
Above market lease, asset 45,768 46,161
Total assets 9,449,452 9,506,740
Liabilities    
Debt, net 3,606,973 3,621,942
Due to MGM Resorts International and affiliates 816 166
Accounts payable, accrued expenses and other liabilities 4,829 10,478
Above market lease, liability 47,735 47,957
Accrued interest 27,018 26,137
Dividend payable 94,109 94,109
Deferred revenue 80,567 72,322
Deferred income taxes, net 25,368 25,368
Total liabilities 3,887,415 3,898,479
Commitments and contingencies (Note 12)
Partners' capital    
General partner 0 0
Limited partners: 242,862,136 Operating Partnership units issued and outstanding as of March 31, 2017 and December 31, 2016 5,562,037 5,608,261
Total partners' capital 5,562,037 5,608,261
Shareholders’ equity    
Total liabilities and shareholders’ equity $ 9,449,452 $ 9,506,740