VICI PROPERTIES L.P. 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)
Partners’ Capital
Accumulated other comprehensive income		109,495	884
Total liabilities and stockholders’ equity		21,741,321	17,597,373
VICI Properties LP
Real estate portfolio:
Investments in leases - sales-type, net		17,113,699	13,136,664
Land		153,576	153,576
Cash and cash equivalents		533,807	705,566
Other assets		661,678	344,014
Total assets		21,626,521	17,482,646
Liabilities
Debt, net		5,297,014	4,694,523
Accrued expenses and deferred revenue		95,258	110,056
Dividends payable		269,276	226,309
Other liabilities		577,547	361,270
Total liabilities		6,239,095	5,392,158
Commitments and contingent liabilities (Note 10)
Partners’ Capital
Partners’ capital, 748,413,311 and 628,942,092 operating partnership units issued and outstanding as of March 31, 2022 and December 31, 2021, respectively		15,198,823	12,010,698
Accumulated other comprehensive income		109,495	884
Total VICI LP’s capital		15,308,318	12,011,582
Non-controlling interest		79,108	78,906
Total capital attributable to partners		15,387,426	12,090,488
Total liabilities and stockholders’ equity		21,626,521	17,482,646
Investments in leases - financing receivables, net
Real estate portfolio:
Notes receivable	[1]	2,650,633	2,644,824
Investments in leases - financing receivables, net | VICI Properties LP
Real estate portfolio:
Notes receivable	[2]	2,650,633	2,644,824
Investments in loans, net
Real estate portfolio:
Notes receivable	[1]	513,128	498,002
Investments in loans, net | VICI Properties LP
Real estate portfolio:
Notes receivable	[2]	$ 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.

[2] 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.