XML 22 R7.htm IDEA: XBRL DOCUMENT v3.19.2
Condensed Consolidated Statements of Shareholders' Equity - USD ($)
Total
Class A Shares
Additional Paid-in Capital
Accumulated Deficit
Accumulated Other Comprehensive Income (Loss)
Total Class A Shareholders' Equity
Noncontrolling Interest
Empire City
Empire City
Additional Paid-in Capital
Empire City
Accumulated Other Comprehensive Income (Loss)
Empire City
Total Class A Shareholders' Equity
Empire City
Noncontrolling Interest
Park MGM Lease Transaction
Park MGM Lease Transaction
Additional Paid-in Capital
Park MGM Lease Transaction
Accumulated Other Comprehensive Income (Loss)
Park MGM Lease Transaction
Total Class A Shareholders' Equity
Park MGM Lease Transaction
Noncontrolling Interest
Balance at Dec. 31, 2017 $ 6,067,739,000 $ 0 $ 1,716,490,000 $ (94,948,000) $ 3,108,000 $ 1,624,650,000 $ 4,443,089,000                    
Changes in equity:                                  
Net income 58,169,000     15,830,000   15,830,000 42,339,000                    
Deemed contribution - tax sharing agreement 1,231,000         0 1,231,000                    
Dividends and distributions declared ($0.4650 per Class A share) (111,733,000)     (29,777,000)   (29,777,000) (81,956,000)                    
Share-based compensation 384,000   102,000     102,000 282,000                    
Other comprehensive income - cash flow hedges 16,355,000       4,358,000 4,358,000 11,997,000                    
Other 401,000   108,000     108,000 293,000                    
Balance at Mar. 31, 2018 6,032,546,000 0 1,716,700,000 (108,895,000) 7,466,000 1,615,271,000 4,417,275,000                    
Changes in equity:                                  
Dividends declared 0.4200                                
Balance at Dec. 31, 2017 6,067,739,000 0 1,716,490,000 (94,948,000) 3,108,000 1,624,650,000 4,443,089,000                    
Changes in equity:                                  
Net income 106,228,000                                
Other comprehensive income - cash flow hedges 22,636,000                                
Balance at Jun. 30, 2018 5,974,303,000 0 1,717,086,000 (126,241,000) 9,141,000 1,599,986,000 4,374,317,000                    
Balance at Mar. 31, 2018 6,032,546,000 0 1,716,700,000 (108,895,000) 7,466,000 1,615,271,000 4,417,275,000                    
Changes in equity:                                  
Net income 48,059,000     13,146,000   13,146,000 34,913,000                    
Deemed contribution - tax sharing agreement 1,263,000         0 1,263,000                    
Dividends and distributions declared ($0.4650 per Class A share) (114,399,000)     (30,492,000)   (30,492,000) (83,907,000)                    
Share-based compensation 556,000   149,000     149,000 407,000                    
Other comprehensive income - cash flow hedges 6,281,000       1,675,000 1,675,000 4,606,000                    
Other (3,000)   237,000     237,000 (240,000)                    
Balance at Jun. 30, 2018 5,974,303,000 0 1,717,086,000 (126,241,000) 9,141,000 1,599,986,000 4,374,317,000                    
Changes in equity:                                  
Dividends declared 0.4300                                
Balance at Dec. 31, 2018 5,845,506,000 0 1,712,671,000 (150,908,000) 4,208,000 1,565,971,000 4,279,535,000                    
Changes in equity:                                  
Net income 66,364,000     19,955,000   19,955,000 46,409,000                    
Deemed contribution - tax sharing agreement 1,345,000         0 1,345,000                    
Dividends and distributions declared ($0.4650 per Class A share) (139,279,000)     (42,064,000)   (42,064,000) (97,215,000)                    
Issuance of Class A shares 548,391,000   471,647,000   774,000 472,421,000 75,970,000                    
Increase from Business Combination               $ 379,050,000 $ 23,940,000 $ (195,000) $ 23,745,000 $ 355,305,000 $ 31,875,000 $ 2,512,000 $ (16,000) $ 2,496,000 $ 29,379,000
Share-based compensation 565,000   164,000     164,000 401,000                    
Other comprehensive income - cash flow hedges (15,612,000)       (4,717,000) (4,717,000) (10,895,000)                    
Other (1,288,000)   (389,000)     (389,000) (899,000)                    
Balance at Mar. 31, 2019 6,716,917,000 0 2,210,545,000 (173,017,000) 54,000 2,037,582,000 4,679,335,000                    
Changes in equity:                                  
Dividends declared 0.4650                                
Balance at Dec. 31, 2018 5,845,506,000 0 1,712,671,000 (150,908,000) 4,208,000 1,565,971,000 4,279,535,000                    
Changes in equity:                                  
Net income 134,133,000                                
Other comprehensive income - cash flow hedges (46,387,000)                                
Balance at Jun. 30, 2019 6,386,532,000 0 2,237,385,000 (194,469,000) (9,696,000) 2,033,220,000 4,353,312,000                    
Balance at Mar. 31, 2019 6,716,917,000 0 2,210,545,000 (173,017,000) 54,000 2,037,582,000 4,679,335,000                    
Changes in equity:                                  
Net income 67,769,000     21,858,000   21,858,000 45,911,000                    
Deemed contribution - tax sharing agreement 2,275,000         0 2,275,000                    
Dividends and distributions declared ($0.4650 per Class A share) (136,671,000)     (43,310,000)   (43,310,000) (93,361,000)                    
Issuance of Class A shares 64,908,000   52,294,000   (105,000) 52,189,000 12,719,000                    
Northfield OpCo Transaction (298,957,000)   (27,441,000) 0 2,000 (27,439,000) (271,518,000)                    
Share-based compensation 524,000   164,000     164,000 360,000                    
Other comprehensive income - cash flow hedges (30,775,000)       (9,647,000) (9,647,000) (21,128,000)                    
Other 542,000   1,823,000     1,823,000 (1,281,000)                    
Balance at Jun. 30, 2019 6,386,532,000 $ 0 $ 2,237,385,000 $ (194,469,000) $ (9,696,000) $ 2,033,220,000 $ 4,353,312,000                    
Changes in equity:                                  
Dividends declared $ 0.4675