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VICI PROPERTIES L.P. CONSOLIDATED STATEMENTS OF PARTNERS' CAPITAL (UNAUDITED) - USD ($)
$ in Thousands
Total
VICI Properties LP
VICI Properties LP
Partners’ Capital
VICI Properties LP
Accumulated Other Comprehensive Income
VICI Properties LP
Non-controlling Interests
Beginning balance at Dec. 31, 2024   $ 26,884,888 $ 26,634,873 $ 143,899 $ 106,116
Increase (Decrease) in Partners' Capital [Roll Forward]          
Net income $ 552,265 550,217 547,827   2,390
Contributions from Parent   245 245    
Distributions to Parent   (462,174) (462,174)    
Distributions to non-controlling interests   (2,697)     (2,697)
Stock-based compensation, net of forfeitures (4,273) (4,273) (4,273)    
Reclassification of derivative gain to Interest expense (6,345) (6,345)   (6,345)  
Unrealized gain (loss) on cash flow hedges (5,949) (5,949)   (5,949)  
Foreign currency translation adjustments 35 35   35  
Ending balance at Mar. 31, 2025   26,953,947 26,716,498 131,640 105,809
Beginning balance at Dec. 31, 2024   26,884,888 26,634,873 143,899 106,116
Increase (Decrease) in Partners' Capital [Roll Forward]          
Net income 1,430,633 1,425,476      
Reclassification of derivative gain to Interest expense (12,731)        
Foreign currency translation adjustments 10,126        
Ending balance at Jun. 30, 2025   27,372,365 27,130,572 135,345 106,448
Beginning balance at Mar. 31, 2025   26,953,947 26,716,498 131,640 105,809
Increase (Decrease) in Partners' Capital [Roll Forward]          
Net income 878,368 875,259 871,916   3,343
Contributions from Parent   128 128    
Distributions to Parent   (462,365) (462,365)    
Distributions to non-controlling interests   (2,704)     (2,704)
Stock-based compensation, net of forfeitures 4,395 4,395 4,395    
Reclassification of derivative gain to Interest expense (6,386) (6,386)   (6,386)  
Foreign currency translation adjustments 10,091 10,091   10,091  
Ending balance at Jun. 30, 2025   27,372,365 27,130,572 135,345 106,448
Beginning balance at Dec. 31, 2025   28,150,178 27,923,645 120,090 106,443
Increase (Decrease) in Partners' Capital [Roll Forward]          
Net income 885,954 883,079 879,462   3,617
Contributions from Parent   25 25    
Distributions to Parent   (486,569) (486,569)    
Distributions to non-controlling interests   (2,753)     (2,753)
Stock-based compensation, net of forfeitures 1,827 1,827 1,827    
Reclassification of derivative gain to Interest expense (6,389) (6,389)   (6,389)  
Unrealized gain (loss) on cash flow hedges 6,690 6,690   6,690  
Foreign currency translation adjustments (2,505) (2,505)   (2,505)  
Ending balance at Mar. 31, 2026   28,543,583 28,318,390 117,886 107,307
Beginning balance at Dec. 31, 2025   28,150,178 27,923,645 120,090 106,443
Increase (Decrease) in Partners' Capital [Roll Forward]          
Net income 1,421,265 1,415,457      
Reclassification of derivative gain to Interest expense (12,778)        
Foreign currency translation adjustments (5,780)        
Ending balance at Jun. 30, 2026   29,536,530 29,314,663 114,410 107,457
Beginning balance at Mar. 31, 2026   28,543,583 28,318,390 117,886 107,307
Increase (Decrease) in Partners' Capital [Roll Forward]          
Net income 535,311 532,378 529,480   2,898
Contributions from Parent   963,629 963,629    
Distributions to Parent   (501,444) (501,444)    
Distributions to non-controlling interests   (2,748)     (2,748)
Stock-based compensation, net of forfeitures 4,608 4,608 4,608    
Reclassification of derivative gain to Interest expense (6,389) (6,389)   (6,389)  
Unrealized gain (loss) on cash flow hedges 6,188 6,188   6,188  
Foreign currency translation adjustments $ (3,275) (3,275)   (3,275)  
Ending balance at Jun. 30, 2026   $ 29,536,530 $ 29,314,663 $ 114,410 $ 107,457