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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
ASSETS    
Real estate investments, net $ 10,975,999 $ 10,506,129
Lease incentive asset 537,191 0
Cash and cash equivalents 53,566  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 53,566 3,995
Tenant and other receivables, net 106 7,668
Prepaid expenses and other assets 23,753 34,813
Above market lease, asset 42,227 43,014
Operating lease right-of-use assets 279,966 0
Assets held for sale 0 355,688
Total assets 11,912,808 10,951,307
Liabilities    
Debt, net 4,852,524 4,666,949
Due to MGM Resorts International and affiliates 74 227
Accounts payable, accrued expenses and other liabilities 42,345 20,796
Above market lease, liability 0 46,181
Accrued interest 44,275 26,096
Dividend and distribution payable 136,671 119,055
Deferred revenue 84,146 163,926
Deferred income taxes, net 29,721 33,634
Operating lease liabilities 336,520 0
Liabilities related to assets held for sale 0 28,937
Total liabilities 5,526,276 5,105,801
Commitments and contingencies (Note 11)
Shareholders’ equity    
Class A shares: no par value, 1,000,000,000 shares authorized, 92,638,886 and 70,911,166 shares issued and outstanding as of June 30, 2019 and December 31, 2018, respectively 0 0
Additional paid-in capital 2,237,385 1,712,671
Accumulated deficit (194,469) (150,908)
Accumulated other comprehensive income (9,696) 4,208
Total Class A shareholders’ equity 2,033,220 1,565,971
Noncontrolling interest 4,353,312 4,279,535
Total shareholders’ equity 6,386,532 5,845,506
Partners' capital    
Total liabilities and shareholders’ equity 11,912,808 10,951,307
MGP Operating Partnership    
ASSETS    
Real estate investments, net 10,975,999 10,506,129
Lease incentive asset 537,191 0
Cash and cash equivalents 53,566 3,995
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 53,566 3,995
Tenant and other receivables, net 106 7,668
Prepaid expenses and other assets 23,753 34,813
Above market lease, asset 42,227 43,014
Operating lease right-of-use assets 279,966 0
Total assets 11,912,808 10,951,307
Liabilities    
Debt, net 4,852,524 4,666,949
Due to MGM Resorts International and affiliates 74 227
Accounts payable, accrued expenses and other liabilities 42,345 20,796
Above market lease, liability 0 46,181
Accrued interest 44,275 26,096
Dividend and distribution payable 136,671 119,055
Deferred revenue 84,146 163,926
Deferred income taxes, net 29,721 33,634
Operating lease liabilities 336,520 0
Liabilities related to assets held for sale 0 28,937
Total liabilities 5,526,276 5,105,801
Commitments and contingencies (Note 11)
Partners' capital    
General partner 0 0
Limited partners: 292,341,429 and 266,045,289 Operating Partnership units issued and outstanding as of June 30, 2019 and December 31, 2018, respectively 6,386,532 5,845,506
Total partners' capital 6,386,532 5,845,506
Total liabilities and shareholders’ equity $ 11,912,808 $ 10,951,307