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MGM Growth Properties LLC (MGP)

Balance Sheet

Standardized | As Reported Annual | Quarterly
 
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-Q10-K10-K10-K10-K10-K10-K
ASSETS         
Real estate investments, net  8,780.58,310.710,828.010,506.110,021.99,079.77,793.6
Lease incentive asset  487.1507.2     
Investment in unconsolidated affiliate  816.8      
Cash and cash equivalents  8.1      
Prepaid expenses and other assets  22.225.531.534.818.510.9 
Due from MGM Resorts International and affiliates     7.76.49.5 
Above market lease, asset  38.3      
Operating lease right-of-use assets  278.1      
    Total assets  10,431.110,600.311,910.310,951.310,351.19,506.77,793.6
   
Liabilities         
Debt, net  4,216.94,169.04,307.44,666.93,934.63,621.9 
Due to MGM Resorts International and affiliates  0.2      
Accounts payable, accrued expenses and other liabilities  57.5124.137.420.810.210.5 
Accrued interest  55.748.542.926.122.626.1 
Dividend and distribution payable  140.8136.5147.3119.1111.794.1 
Deferred revenue  221.5      
Deferred income taxes, net  41.233.329.933.628.525.41,734.7
Operating lease liabilities  337.5      
    Total liabilities  5,071.35,009.65,012.35,105.84,283.43,898.51,734.7
   
Commitments and contingencies (Note 11)         
Shareholders' equity         
Class A shares: no par value     5,845.56,067.75,608.3 
Additional paid-in capital  3,735.73,114.32,766.31,712.71,716.51,363.1 
Accumulated deficit  -537.7-422.9-244.4-150.9-94.9-29.8 
Accumulated other comprehensive loss  -41.2-51.2-7.04.23.10.4 
    Total Class A shareholders' equity  3,156.82,640.22,514.97,411.57,692.46,942.16,059.0
Noncontrolling interest  2,203.02,950.54,383.14,279.54,443.14,274.4 
    Total shareholders' equity  5,359.85,590.76,898.05,845.56,067.75,608.36,059.0
   
Partners’ capital         
General partner         
Limited partners: 268,126,029 and 268,123,082 Operating Partnership units issued and outstanding as of March 31, 2022 and December 31, 2021, respectively.         
    Total partners’ capital  3,156.82,640.22,514.97,411.57,692.46,942.16,059.0
    Total liabilities and shareholders' equity  10,431.110,600.311,910.310,951.310,351.19,506.77,793.6

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