VICI PROPERTIES INC. CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY (UNAUDITED) - USD ($) $ in Thousands	Total	Total VICI Stockholders’ Equity	Common Stock	Additional Paid-in Capital	Accumulated Other Comprehensive Income	Retained Earnings	Non-controlling Interests
Beginning balance at Dec. 31, 2024	$ 26,951,801	$ 26,537,955	$ 10,564	$ 24,515,417	$ 144,574	$ 1,867,400	$ 413,846
Increase (Decrease) in Stockholders' Equity
Net income	552,265	543,607				543,607	8,658
Reallocation of equity	0	836		836			(836)
Dividends and distributions declared	(464,869)	(456,883)				(456,883)	(7,986)
Stock-based compensation, net of forfeitures	(4,273)	(4,224)	3	(4,227)			(49)
Reclassification of derivative gain to Interest expense	(6,345)	(6,271)			(6,271)		(74)
Unrealized gain (loss) on cash flow hedges	(5,949)	(5,881)			(5,881)		(68)
Foreign currency translation adjustments	35	30			30		5
Ending balance at Mar. 31, 2025	27,022,665	26,609,169	10,567	24,512,026	132,452	1,954,124	413,496
Beginning balance at Dec. 31, 2024	26,951,801	26,537,955	10,564	24,515,417	144,574	1,867,400	413,846
Increase (Decrease) in Stockholders' Equity
Net income	1,430,633
Reclassification of derivative gain to Interest expense	(12,731)
Foreign currency translation adjustments	10,126
Ending balance at Jun. 30, 2025	27,444,112	27,024,451	10,567	24,515,601	136,107	2,362,176	419,661
Beginning balance at Mar. 31, 2025	27,022,665	26,609,169	10,567	24,512,026	132,452	1,954,124	413,496
Increase (Decrease) in Stockholders' Equity
Net income	878,368	865,079				865,079	13,289
Reallocation of equity	0	(770)		(770)			770
Dividends and distributions declared	(465,021)	(457,027)				(457,027)	(7,994)
Stock-based compensation, net of forfeitures	4,395	4,345		4,345			50
Reclassification of derivative gain to Interest expense	(6,386)	(6,313)			(6,313)		(73)
Foreign currency translation adjustments	10,091	9,968			9,968		123
Ending balance at Jun. 30, 2025	27,444,112	27,024,451	10,567	24,515,601	136,107	2,362,176	419,661
Beginning balance at Dec. 31, 2025	28,222,587	27,797,640	10,688	24,898,868	121,031	2,767,053	424,947
Increase (Decrease) in Stockholders' Equity
Net income	885,954	872,390				872,390	13,564
Reallocation of equity	0	40		40			(40)
Dividends and distributions declared	(489,302)	(481,045)				(481,045)	(8,257)
Stock-based compensation, net of forfeitures	1,827	1,807	2	1,805			20
Reclassification of derivative gain to Interest expense	(6,389)	(6,317)			(6,317)		(72)
Unrealized gain (loss) on cash flow hedges	6,690	6,615			6,615		75
Foreign currency translation adjustments	(2,505)	(2,477)			(2,477)		(28)
Ending balance at Mar. 31, 2026	28,618,862	28,188,653	10,690	24,900,713	118,852	3,158,398	430,209
Beginning balance at Dec. 31, 2025	28,222,587	27,797,640	10,688	24,898,868	121,031	2,767,053	424,947
Increase (Decrease) in Stockholders' Equity
Net income	1,421,265
Reclassification of derivative gain to Interest expense	(12,778)
Foreign currency translation adjustments	(5,780)
Ending balance at Jun. 30, 2026	29,602,711	29,170,749	11,011	25,854,906	115,412	3,189,420	431,962
Beginning balance at Mar. 31, 2026	28,618,862	28,188,653	10,690	24,900,713	118,852	3,158,398	430,209
Increase (Decrease) in Stockholders' Equity
Net income	535,311	526,521				526,521	8,790
Issuance of common stock, net	951,157	951,157	321	950,836
Reallocation of equity	0	(1,200)		(1,200)			1,200
Dividends and distributions declared	(503,751)	(495,499)				(495,499)	(8,252)
Stock-based compensation, net of forfeitures	4,608	4,557		4,557			51
Reclassification of derivative gain to Interest expense	(6,389)	(6,318)			(6,318)		(71)
Unrealized gain (loss) on cash flow hedges	6,188	6,119			6,119		69
Foreign currency translation adjustments	(3,275)	(3,241)			(3,241)		(34)
Ending balance at Jun. 30, 2026	$ 29,602,711	$ 29,170,749	$ 11,011	$ 25,854,906	$ 115,412	$ 3,189,420	$ 431,962