VICI PROPERTIES INC. CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2022	Mar. 31, 2021
Cash flows from operating activities
Net income	$ 242,688	$ 272,099
Adjustments to reconcile net income to cash flows provided by operating activities:
Non-cash leasing and financing adjustments	(35,564)	(28,134)
Stock-based compensation	2,630	2,277
Depreciation	776	792
Amortization of debt issuance costs and original issue discount	15,977	6,691
Change in allowance for credit losses	80,820	(4,380)
Change in operating assets and liabilities:
Other assets	(2,057)	(1,539)
Accrued expenses and deferred revenue	(7,170)	(92,513)
Other liabilities	73	433
Net cash provided by operating activities	298,173	155,726
Cash flows from investing activities
Investments in leases - sales-type	(4,012,096)	0
Investments in leases - financing receivables	0	(6,000)
Investments in loans	(15,559)	0
Principal repayments of lease financing receivables	0	282
Principal repayments of loans and receipts of deferred fees	0	20,000
Capitalized transaction costs	(136)	(599)
Maturities of short-term investments	0	19,973
Acquisition of property and equipment	(454)	(1,247)
Net cash (used in) provided by investing activities	(4,028,245)	32,409
Cash flows from financing activities
Proceeds from offering of common stock, net	3,219,123	0
Proceeds from lines of credit	600,000	0
Debt issuance costs	(27,285)	0
Repurchase of stock for tax withholding	(2,712)	(1,519)
Distributions to non-controlling interest	(2,103)	(2,071)
Dividends paid	(227,863)	(178,008)
Net cash provided by (used in) financing activities	3,559,160	(181,598)
Net (decrease) increase in cash, cash equivalents and restricted cash	(170,912)	6,537
Cash, cash equivalents and restricted cash, beginning of period	739,614	315,993
Cash, cash equivalents and restricted cash, end of period	568,702	322,530
Supplemental cash flow information:
Cash paid for interest	48,921	69,704
Cash paid for income taxes	2	0
Supplemental non-cash investing and financing activity:
Dividends declared, not paid	269,429	177,217
Debt issuance costs payable	465	17,341
Deferred transaction costs payable	2,219	3,595
Non-cash change in Investments in leases - financing receivables	6,696	4,673
Lease liabilities arising from obtaining right-of-use assets	$ 208,949	$ 0