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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenues    
Rental revenue $ 163,177 $ 0
Tenant reimbursements and other 20,722 0
Revenues, net 183,899 0
Expenses    
Depreciation 61,684 51,476
Property transactions, net 6,855 874
Property taxes 20,487 13,236
Property insurance 0 2,384
Amortization of above market lease, net 171 0
General and administrative 2,680 0
Expenses, net 91,877 67,970
Operating income (loss) 92,022 (67,970)
Non-operating income (expense)    
Interest income 678 0
Interest expense (44,636) 0
Other non-operating (134) 0
Non-operating income (expense) (44,092) 0
Income (loss) before income taxes 47,930 (67,970)
Provision for income taxes (1,238) 0
Net income (loss) 46,692 (67,970)
Less: Net (income) loss attributable to noncontrolling interest $ (35,344) 67,970
Weighted average Class A shares outstanding:    
Basic (in shares) 57,506,195  
Diluted (in shares) 57,784,240  
Dividends declared per Class A share (in usd per share) $ 0.3875  
Class A Shares    
Non-operating income (expense)    
Net income attributable to Class A shareholders $ 11,348 0
Weighted average Class A shares outstanding:    
Basic (in shares) 57,506,195  
Diluted (in shares) 57,784,240  
Net income per Class A share (basic) $ 0.20  
Net income per Class A share (diluted) 0.20  
Dividends declared per Class A share (in usd per share) $ 0.3875  
MGP Operating Partnership    
Revenues    
Rental revenue $ 163,177 0
Tenant reimbursements and other 20,722 0
Revenues, net 183,899 0
Expenses    
Depreciation 61,684 51,476
Property transactions, net 6,855 874
Property taxes 20,487 13,236
Property insurance 0 2,384
Amortization of above market lease, net 171 0
General and administrative 2,680 0
Expenses, net 91,877 67,970
Operating income (loss) 92,022 (67,970)
Non-operating income (expense)    
Interest income 678 0
Interest expense (44,636) 0
Other non-operating (134) 0
Non-operating income (expense) (44,092) 0
Income (loss) before income taxes 47,930 (67,970)
Provision for income taxes (1,238) 0
Net income (loss) $ 46,692 $ (67,970)
Weighted average Operating Partnership units outstanding:    
Basic (in usd per unit) 242,868,331,000  
Diluted (in usd per unit) 243,146,376,000  
Net income per Operating Partnership unit, basic (in usd per unit) $ 0.19  
Net income per Operating Partnership unit, diluted (in usd per unit) 0.19  
Distributions declared per Operating Partnership unit (in usd per unit) $ 0.3875