VICI PROPERTIES INC. CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Thousands		Mar. 31, 2022	Dec. 31, 2021
Real estate portfolio:
Investments in leases - sales-type, net		$ 17,113,699	$ 13,136,664
Land		153,576	153,576
Cash and cash equivalents		568,702	739,614
Other assets		741,583	424,693
Total assets		21,741,321	17,597,373
Liabilities
Debt, net		5,297,014	4,694,523
Accrued expenses and deferred revenue		99,062	113,530
Dividends payable		269,276	226,309
Other liabilities		592,183	375,837
Total liabilities		6,257,535	5,410,199
Commitments and contingent liabilities (Note 10)
Stockholders’ equity
Common stock, $0.01 par value, 1,350,000,000 shares authorized and 748,413,311 and 628,942,092 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively		7,484	6,289
Preferred stock, $0.01 par value, 50,000,000 shares authorized and no shares outstanding at March 31, 2022 and December 31, 2021		0	0
Additional paid-in capital		14,971,890	11,755,069
Accumulated other comprehensive income		109,495	884
Retained earnings		315,809	346,026
Total VICI stockholders’ equity		15,404,678	12,108,268
Non-controlling interest		79,108	78,906
Total stockholders’ equity		15,483,786	12,187,174
Total liabilities and stockholders’ equity		21,741,321	17,597,373
Investments in leases - financing receivables, net
Real estate portfolio:
Notes receivable	[1]	2,650,633	2,644,824
Investments in loans, net
Real estate portfolio:
Notes receivable	[1]	$ 513,128	$ 498,002

[1] Note: As of March 31, 2022 and December 31, 2021, our Investments in leases - sales-type, Investments in leases - financing receivables, Investments in loans and Other assets (sales-type sub-leases) are net of $504.2 million, $92.0 million, $1.1 million and $8.8 million, respectively, and $434.9 million, $91.1 million, $0.8 million and $6.5 million of Allowance for credit losses, respectively. Refer to Note 5 - Allowance for Credit Losses for further details.