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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
ASSETS    
Real estate investments, net $ 9,949,410 $ 10,021,938
Cash and cash equivalents 280,117 259,722
Tenant and other receivables, net 2,337 6,385
Prepaid expenses and other assets 33,936 18,487
Above market lease, asset 44,194 44,588
Total assets 10,309,994 10,351,120
Liabilities    
Debt, net 3,925,203 3,934,628
Due to MGM Resorts International and affiliates 302 962
Accounts payable, accrued expenses and other liabilities 4,596 10,240
Above market lease, liability 46,847 47,069
Accrued interest 30,515 22,565
Dividend and distribution payable 111,733 111,733
Deferred revenue 129,708 127,640
Deferred income taxes, net 28,544 28,544
Total liabilities 4,277,448 4,283,381
Commitments and contingencies (Note 11)
Shareholders’ equity    
Class A shares: no par value, 1,000,000,000 shares authorized, 70,896,795 shares issued and outstanding as of March 31, 2018 and December 31, 2017 0 0
Additional paid-in capital 1,716,700 1,716,490
Accumulated deficit (108,895) (94,948)
Accumulated other comprehensive income 7,466 3,108
Total Class A shareholders’ equity 1,615,271 1,624,650
Noncontrolling interest 4,417,275 4,443,089
Total shareholders’ equity 6,032,546 6,067,739
Partners' capital    
General partner 0 0
Limited partners: 266,030,918 Operating Partnership units issued and outstanding as of March 31, 2018 and December 31, 2017 6,032,546 6,067,739
Total partners' capital 6,032,546 6,067,739
Total liabilities and shareholders’ equity 10,309,994 10,351,120
MGP Operating Partnership    
ASSETS    
Real estate investments, net 9,949,410 10,021,938
Cash and cash equivalents 280,117 259,722
Tenant and other receivables, net 2,337 6,385
Prepaid expenses and other assets 33,936 18,487
Above market lease, asset 44,194 44,588
Total assets 10,309,994 10,351,120
Liabilities    
Debt, net 3,925,203 3,934,628
Due to MGM Resorts International and affiliates 302 962
Accounts payable, accrued expenses and other liabilities 4,596 10,240
Above market lease, liability 46,847 47,069
Accrued interest 30,515 22,565
Dividend and distribution payable 111,733 111,733
Deferred revenue 129,708 127,640
Deferred income taxes, net 28,544 28,544
Total liabilities 4,277,448 4,283,381
Commitments and contingencies (Note 11)
Partners' capital    
General partner 0 0
Limited partners: 266,030,918 Operating Partnership units issued and outstanding as of March 31, 2018 and December 31, 2017 6,032,546 6,067,739
Total partners' capital 6,032,546 6,067,739
Total liabilities and shareholders’ equity $ 10,309,994 $ 10,351,120