VICI PROPERTIES INC. CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) $ in Thousands, $ in Millions	9 Months Ended
	Sep. 30, 2023 USD ($)	Sep. 30, 2022 USD ($)
Cash flows from operating activities
Net income	$ 1,794,901	$ 521,425
Adjustments to reconcile net income to cash flows provided by operating activities:
Non-cash leasing and financing adjustments	(383,688)	(230,522)
Stock-based compensation	11,517	9,359
Non-cash transaction costs	0	8,816
Depreciation	2,712	2,371
Other (gains) losses	(4,295)	0
Amortization of debt issuance costs and original issue discount	35,415	28,099
Change in allowance for credit losses	166,119	865,459
Income from unconsolidated affiliate	(1,280)	(37,853)
Distributions from unconsolidated affiliate	3,273	40,437
Net proceeds from settlement of derivatives	0	201,433
Change in operating assets and liabilities:
Other assets	134	(4,052)
Accrued expenses and deferred revenue	(14,230)	50,676
Other liabilities	(6,061)	(171)
Net cash provided by operating activities	1,604,517	1,455,477
Cash flows from investing activities
Investments in leases - sales-type	(231,215)	(4,012,845)
Investments in leases - financing receivables	(365,827)	0
Investments in loans and securities	(702,112)	(87,166)
Principal repayments of loans and receipts of deferred fees	400,250	1,130
Capitalized transaction costs	(759)	(6,801)
Investments in short-term investments	0	(207,722)
Maturities of short-term investments	217,342	0
Proceeds from sale of real estate	6,235	0
Acquisition of property and equipment	(1,894)	(1,158)
Net cash used in investing activities	(1,944,885)	(8,889,098)
Cash flows from financing activities
Proceeds from offering of common stock, net	1,672,417	3,219,101
Proceeds from April 2022 Notes offering	0	5,000,000
Proceeds from Revolving Credit Facility	408,204	600,000
Repayment of Revolving Credit Facility	(250,000)	(600,000)
Debt issuance costs	0	(146,176)
Repurchase of stock for tax withholding	(4,966)	(6,118)
Distributions to non-controlling interests	(21,450)	(10,711)
Dividends paid	(1,161,764)	(843,706)
Net cash provided by financing activities	642,441	7,212,390
Effect of exchange rate changes on cash, cash equivalents and restricted cash	(122)	0
Net increase (decrease) in cash, cash equivalents and restricted cash	301,951	(221,231)
Cash, cash equivalents and restricted cash, beginning of period	208,933	739,614
Cash, cash equivalents and restricted cash, end of period	510,884	518,383
Supplemental cash flow information:
Cash paid for interest	563,935	290,119
Cash paid for income taxes	4,896	2,306
Supplemental non-cash investing and financing activity:
Dividends and distributions declared, not paid	427,060	380,377
Debt issuance costs payable	0	13
Deferred transaction costs payable	4,418	1,479
Non-cash change in Investments in leases - financing receivables	206,771	120,709
Obtaining right-of-use assets in exchange for lease liabilities	22,968	541,676
MGP
Cash flows from investing activities
Net cash paid to acquire businesses	0	(4,574,536)
MGM Grand Mandalay Bay JV
Cash flows from investing activities
Net cash paid to acquire businesses	$ (1,266,905)	$ 0