Gaming and leisure properties, inc. (GLPI)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11
Revenues
Rental income

996,166

747,654

671,190

567,444

392,075

386,403

62,278

0

-

Income from direct financing lease

0

81,119

74,333

48,917

0

0

-

-

-

Interest income from mortgaged real estate

28,916

6,943

0

0

-

-

-

-

-

Real estate taxes paid by tenants

-

87,466

83,698

67,843

35,050

50,534

7,602

0

-

Gaming

-

-

-

-

-

148,283

159,352

202,581

223,302

Food, beverage and other

-

-

-

-

-

11,621

12,357

15,635

16,396

Total revenues

-

-

-

-

580,648

596,841

241,589

218,216

239,698

Less promotional allowances

-

-

-

-

5,595

5,773

6,137

7,573

7,814

Total revenues

1,153,473

1,055,727

971,307

828,255

575,053

591,068

235,452

210,643

231,884

Operating expenses
Gaming

-

-

-

-

-

82,995

89,367

113,111

124,971

Food, beverage and other

-

-

-

-

-

9,734

10,775

13,114

13,664

Real estate taxes

-

88,757

84,666

69,448

36,412

52,154

9,220

1,592

1,362

Land rights and ground lease expense

42,438

28,358

24,005

14,799

2,812

-

-

-

-

General and administrative

65,477

71,128

63,151

71,368

82,857

80,836

43,262

25,068

24,806

Depreciation

240,435

137,093

113,480

109,554

109,783

106,843

28,923

14,090

14,568

Loan impairment charges

13,000

0

0

-

-

-

-

-

-

Goodwill, Impairment Loss

0

59,454

0

0

-

-

-

-

-

Total operating expenses

436,050

461,917

365,789

347,632

317,638

332,562

181,547

166,975

179,371

Income from operations

717,423

593,810

605,518

480,623

257,415

258,506

53,905

43,668

52,513

Other income (expenses)
Interest expense

301,520

247,684

217,068

185,896

124,183

117,030

19,254

0

-

Interest income

756

1,827

1,935

2,123

2,332

2,444

1

2

4

Losses on debt extinguishment

-21,014

-3,473

0

0

-

-

-

-

-

Management fees

-

-

-

-

-

-

4,203

6,320

6,958

Total other expenses

-321,778

-249,330

-215,133

-183,773

-121,851

-114,586

-23,456

-6,318

-6,954

Income before income taxes

395,645

344,480

390,385

296,850

135,564

143,920

30,449

37,350

45,559

Income tax expense

4,764

4,964

9,787

7,545

7,442

5,113

15,596

14,431

18,875

Net income

390,881

339,516

380,598

289,305

128,122

138,807

14,853

22,919

26,684

Earnings per common share (in dollars per share)
Basic earnings per common share (in dollars per share)

1.82

1.59

1.80

1.62

1.12

1.23

0.13

0.21

0.24

Diluted earnings per common share (in dollars per share)

1.81

1.58

1.79

1.60

1.08

1.18

0.13

0.20

0.23

Real estate
Total revenues

1,025,082

923,182

829,221

684,204

427,125

436,937

69,880

0

-

Gaming, food, beverage and other
Total revenues

128,391

132,545

142,086

144,051

153,523

-

-

-

-

Gaming, food, beverage and other

74,700

77,127

80,487

82,463

85,774

-

-

-

-