Segment Information (Tables)

12 Months Ended

Dec. 31, 2015

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The following tables present certain information with respect to the Company’s segments. Intersegment revenues between the Company’s segments were not material in any of the periods presented below.

	GLP Capital (1)		TRS Properties			Eliminations (2)			Total
	(in thousands)
For the year ended December 31, 2015
Net revenues	$	427,125	$	147,928		$	—		$	575,053
Income from operations	232,701		24,714			—			257,415
Interest, net	121,855		10,402			(10,406		)	121,851
Income before income taxes	121,252		14,312			—			135,564
Income tax expense	1,338		6,104			—			7,442
Net income	119,914		8,208			—			128,122
Depreciation	97,424		12,359			—			109,783
Capital project expenditures, net of reimbursements	10,252		5,897			—			16,149
Capital maintenance expenditures	—		2,953			—			2,953
For the year ended December 31, 2014
Net revenues	$	436,944	$	154,124		$	—		$	591,068
Income from operations	234,971		23,535			—			258,506
Interest, net	114,588		10,406			(10,408		)	114,586
Income before income taxes	130,791		13,129			—			143,920
Income tax expense	211		4,902			—			5,113
Net income	130,580		8,227			—			138,807
Depreciation	94,582		12,261			—			106,843
Capital project expenditures, net of reimbursements	139,231		—			—			139,231
Capital maintenance expenditures	—		3,538			—			3,538
For the year ended December 31, 2013
Net revenues	$	69,880	$	165,572		$	—		$	235,452
Income from operations	27,656		26,249			—			53,905
Interest, net	19,254		(1		)	—			19,253
Income before income taxes	8,402		22,047			—			30,449
Income tax expense	6,767		8,829			—			15,596
Net income	1,635		13,218			—			14,853
Depreciation	14,896		14,027			—			28,923
Capital project expenditures, net of reimbursements	13,042		(844		)	—			12,198
Capital maintenance expenditures	—		4,230			—			4,230
Balance sheet at December 31, 2015
Total assets	$	2,223,373	$	224,782		$	—		$	2,448,155
Balance sheet at December 31, 2014
Total assets	$	2,296,346	$	229,108		$	—		$	2,525,454

⁽¹⁾        GLP Capital operations commenced November 1, 2013 in connection with the Spin-Off. For the year ended December 31, 2013, results included transaction costs associated with the Spin-Off of $13.5 million.

⁽²⁾     Amounts in the "Eliminations" column represent the elimination of intercompany interest payments from the Company’s TRS Properties business segment to its GLP Capital business segment.