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Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Mar. 31, 2017
Jun. 30, 2016
Mar. 31, 2016
Jun. 30, 2017
Jun. 30, 2016
Revenues            
Rental income $ 167,763   $ 142,101   $ 332,924 $ 242,316
Income from direct financing lease 18,516   12,631   36,340 12,631
Real estate taxes paid by tenants 20,840   15,673   42,560 27,500
Total rental revenue and income from direct financing lease 207,119   170,405   411,824 282,447
Gaming, food, beverage and other 37,489   38,371   76,749 76,530
Total revenues 244,608   208,776   488,573 358,977
Less promotional allowances (1,217)   (1,415)   (2,469) (2,796)
Net revenues 243,391   207,361   486,104 356,181
Operating expenses            
Gaming, food, beverage and other 20,669   21,189   41,745 42,176
Real estate taxes 20,912   16,075   43,055 28,282
General and administrative 20,691   22,261   41,922 43,167
Depreciation 28,423   27,019   56,680 54,102
Total operating expenses 90,695   86,544   183,402 167,727
Income from operations 152,696   120,817   302,702 188,454
Other income (expenses)            
Interest expense (54,657)   (45,936)   (108,606) (79,337)
Interest income 487   654   951 1,171
Total other expenses (54,170)   (45,282)   (107,655) (78,166)
Income before income taxes 98,526   75,535   195,047 110,288
Income tax expense 2,192   2,271   4,722 4,275
Net income $ 96,334   $ 73,264   $ 190,325 $ 106,013
Earnings per common share (in dollars per share)            
Basic earnings per common share $ 0.46   $ 0.40   $ 0.91 $ 0.70
Diluted earnings per common share 0.45   0.39   0.90 0.69
Dividends paid per common share (in dollars per share) $ 0.62 $ 0.62 $ 0.56 $ 0.56 $ 1.24 $ 1.12