Gaming and Leisure Properties (GLPI) 10-Q25 Nov 132013 Q3 Quarterly reportFinancial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information	8 Months Ended
Document and Entity Information	Sep. 30, 2013	Nov. 11, 2013
Document and Entity Information	'	'
Entity Registrant Name	'Gaming & Leisure Properties, Inc.	'
Entity Central Index Key	'0001575965	'
Document Type	'10-Q	'
Document Period End Date	30-Sep-13	'
Amendment Flag	'false	'
Current Fiscal Year End Date	'--12-31	'
Entity Current Reporting Status	'Yes	'
Entity Filer Category	'Non-accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	89,020,704
Document Fiscal Year Focus	'2013	'
Document Fiscal Period Focus	'Q3	'

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (USD $)	Sep. 30, 2013	Mar. 31, 2013
In Thousands, unless otherwise specified	Sep. 30, 2013	Mar. 31, 2013
Assets	'	'
Cash	$0	$0
Total assets	0	0
Stockholder's Equity	'	'
Common stock, $0.01 par value, 1,000 shares authorized, issued and outstanding	0	0
Additional paid in capital	0	0
Total stockholder's equity	$0	$0

Condensed_Consolidated_Balance1

Condensed Consolidated Balance Sheets (Parenthetical) (USD $)	Sep. 30, 2013	Mar. 31, 2013
Condensed Consolidated Balance Sheets	'	'
Common stock, par value (in dollars per share)	$0.01	$0.01
Common stock, shares authorized	1,000	1,000
Common stock, shares issued	1,000	1,000
Common stock, shares outstanding	1,000	1,000

Organization_and_Operations

Organization and Operations	8 Months Ended
Organization and Operations	Sep. 30, 2013
Organization and Operations	'
Organization and Operations	'
	1. Organization and Operations

	Gaming and Leisure Properties, Inc. (the “Company” or “GLPI”) is a Pennsylvania corporation that was incorporated on February 13, 2013 as a wholly-owned subsidiary of Penn National Gaming, Inc. (“Penn”). On November 1, 2013, Penn completed the spin-off of GLPI by distributing the common stock it held in GLPI to Penn’s shareholders (the “Spin-Off”). Prior to the Spin-Off, Penn engaged in a series of internal corporate restructurings to separate its real estate assets from its operating assets. GLPI holds directly or indirectly substantially all of the assets and liabilities associated with the real property interests and real estate development business related to Penn’s gaming operations, as well as the assets and liabilities of Louisiana Casino Cruises, Inc. (“Hollywood Casino Baton Rouge”) and Penn Cecil Maryland, Inc. (“Hollywood Casino Perryville”). Penn continues to hold all of its other historical operations, assets and liabilities.

	GLPI intends to elect to be taxed as a real estate investment trust (“REIT”) for United States (“U.S.”) federal income tax purposes, which GLPI currently expects to occur commencing with its taxable year beginning on January 1, 2014. GLPI’s primary business consists of acquiring, financing, and owning real estate property to be leased to gaming operators in “triple net” lease arrangements, pursuant to which the tenant is responsible for all facility maintenance, insurance required in connection with the leased properties and the business conducted on the leased properties, taxes levied on or with respect to the leased properties and all utilities and other services necessary or appropriate for the leased properties and the business conducted on the leased properties. As of November 1, 2013, GLPI’s sole tenant is Penn Tenant, LLC (“Penn Tenant”), a subsidiary of Penn, which leases the GLPI assets related to the business of Penn other than the Hollywood Casino Baton Rouge and Hollywood Casino Perryville (the “TRS Properties”) pursuant to a master lease agreement (the “Master Lease”). Following its qualification as a REIT, GLPI expects to be the first gaming-focused REIT, and expects to grow its portfolio by aggressively pursuing opportunities to acquire additional gaming facilities to lease to gaming operators, which may include Penn. GLPI also anticipates diversifying its portfolio over time, including by acquiring properties outside the gaming industry to lease to third parties.

	To govern their ongoing relationship, Penn and GLPI or their respective subsidiaries, as applicable, entered into certain agreements on or prior to the Spin-Off. These agreements included: (i) a separation and distribution agreement, providing for the separation of Penn’s real estate assets and certain organizational matters, setting forth certain mechanics related to the Spin-Off and setting forth certain ongoing agreements between Penn and GLPI with respect to the Spin-Off (the “Separation and Distribution Agreement”), (ii) the Master Lease, (iii) an agreement relating to tax matters (the “Tax Matters Agreement”), (iv) an agreement pursuant to which Penn provides certain services to GLPI on a transitional basis (the “Transition Services Agreement”) and (v) an agreement relating to employee matters (the “Employee Matters Agreement”).

	We believe that we will qualify as a REIT commencing with our taxable year beginning January 1, 2014. To maintain our status as a REIT, we will be required to distribute 90% of our ordinary taxable income to our shareholders. Generally, and subject to our ongoing qualification as a REIT, no provisions for income taxes will be necessary except for taxes on undistributed REIT taxable income and taxes on the income generated by our TRS properties. Our TRS properties will be subject to corporate federal and state income tax on their taxable income at regular statutory rates.

	The consolidated balance sheets should be read in conjunction with the schedule of real estate assets to be acquired by GLPI and the combined financial statements of Louisiana Casino Cruises, Inc. and Penn Cecil Maryland, Inc. which are included in this Form 10-Q.

Summary_of_Significant_Account

Summary of Significant Accounting Policies	8 Months Ended
Summary of Significant Accounting Policies	Sep. 30, 2013
Summary of Significant Accounting Policies	'
Summary of Significant Accounting Policies	'
	2. Summary of Significant Accounting Policies

	Basis of Presentation

	The accompanying consolidated balance sheets of GLPI have been prepared in conformity with generally accepted accounting principles in the United States (“GAAP”).

	Use of Estimates

	The preparation of the consolidated balance sheets in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts reported in the balance sheet and related notes. Actual results could differ from those estimates.

	Cash and Cash Equivalents

	The Company considers all cash balances and highly liquid investments with original maturities of three months or less to be cash and cash equivalents.

Commitments_and_Contingencies

Commitments and Contingencies	8 Months Ended
	Sep. 30, 2013
Commitments and Contingencies	'
Commitments and Contingencies	'
	3. Commitments and Contingencies

	Litigation

	The Company is subject to various legal and administrative proceedings relating to personal injuries, employment matters, commercial transactions, and other matters arising in the normal course of business. The Company does not believe that the final outcome of these matters will have a material adverse effect on the Company’s financial position or results of operations. In addition, the Company maintains what it believes is adequate insurance coverage to further mitigate the risks of such proceedings. However, such proceedings can be costly, time consuming, and unpredictable and, therefore, no assurance can be given that the final outcome of such proceedings may not materially impact the Company’s financial condition or results of operations. Further, no assurance can be given that the amount or scope of existing insurance coverage will be sufficient to cover losses arising from such matters.

	Pursuant to the Separation and Distribution Agreement, any liability arising from or relating to legal proceedings involving the businesses and operations of Penn’s real property holdings prior to the Spin-Off (other than any liability arising from or relating to legal proceedings where the dispute arises from the operation or ownership of the TRS Properties) is retained by Penn and Penn indemnifies GLPI (and its subsidiaries, directors, officers, employees and agents and certain other related parties) against any losses it may incur arising from or relating to such legal proceedings.

	Rentals under Operating Leases

	The majority of the Company’s real estate properties are leased to Penn Tenant under the Master Lease. The Master Lease provides for an initial term of 15 years commencing on November 1, 2013, with no purchase option. At the option of the Penn Tenant, the Master Lease may be extended for up to four five-year renewal terms beyond the initial term, on the same terms and conditions. The future minimum rental income (which excludes any rental payments that are variable during the term of the Master Lease) from the Company’s properties under non-cancelable operating leases is as follows (in thousands):

	Year ending December 31,

	2013 (2 months)	$	62,800
	2014	376,802
	2015	376,802
	2016	376,802
	2017	376,802
	Thereafter	3,646,018
	Total	$	5,216,026

	Operating Lease Commitments

	In connection with the Spin-Off, Penn assigned to GLPI various leases on the real property held by GLPI. The following is a description of some of the more significant lease contracts that Penn assigned to GLPI on November 1, 2013:

	A lease agreement for the land utilized in connection with the operations of a casino in Biloxi, Mississippi. The lease commenced March 3, 1994 and is for a term of 99 years. The annual rental payment, which is currently $0.14 million, is increased every 5 years by fifteen percent. The next reset period is in March 2014.

	A lease agreement for the land utilized in connection with the operations of a casino in Tunica, Mississippi. The lease commenced on October 11, 1993 with a five year initial term and nine five year renewals at the tenant’s option. The lease agreement has an annual fixed rent provision, as well as an annual revenue-sharing provision, which is equal to the result obtained by subtracting the fixed rent provision from 4% of gross revenues.

	An operating lease with the City of Bangor which covers the permanent casino facility that opened on July 1, 2008. Under the lease agreement, there is a fixed rent provision, as well as a revenue-sharing provision, which is equal to 3% of gross slot revenue. The final term of the lease, which commenced with the opening of the permanent facility, is for an initial term of fifteen years, with three ten-year renewal options. GLPI assumed the obligations related to the fixed rent provisions and Penn remains liable for the revenue sharing obligations as the operator of the facility.

	The future minimum lease commitments of GLPI are shown below. Note that this table does not include commitments related to obligations that are variable in nature and as such is not illustrative of the total anticipated payments that GLPI will incur related to these leases over this time period (in thousands):

	Year ending December 31,

	2013 (2 months)	$	243
	2014	998
	2015	301
	2016	300
	2017	314
	Thereafter	44,436
	Total	$	46,592

Subsequent_Events

Subsequent Events	8 Months Ended
Subsequent Events	Sep. 30, 2013
Subsequent Events	'
Subsequent Events	'
	4. Subsequent Events

	On November 1, 2013, Penn effected the Spin-Off by distributing one share of common stock of GLPI to the holders of Penn common stock and Series C Convertible Preferred Stock for every share of Penn common stock and every 1/1000th of a share of Series C Preferred Stock that they held at the close of business on October 16, 2013, the record date for the Spin-Off. Peter M. Carlino and the PMC Delaware Dynasty Trust dated September 25, 2013, a trust for the benefit of Mr. Carlino’s children, also received additional shares of GLPI common stock, in exchange for shares of Penn common stock that they transferred to Penn immediately prior to the Spin-Off, and Mr. Carlino exchanged certain options to acquire Penn common stock for options to acquire GLPI common stock having the same aggregate intrinsic value. The transactions with Mr. Carlino and the trust were effected solely to ensure compliance with certain rules and regulations related to the qualification of GLPI as a REIT.

	Prior to the consummation of the Spin-Off, Penn contributed substantially all of the assets and liabilities associated with the real property interests and real estate development business related to Penn’s gaming operations, as well as the assets and liabilities of the TRS Properties, to GLPI through a series of internal corporate restructurings.

	On October 28, 2013, GLP Capital, L.P. (“GLP Capital”), a wholly owned subsidiary of GLPI, entered into a new five year senior unsecured credit facility (the “Credit Facility”), consisting of a $700 million revolving credit facility and a $300 million Term Loan facility. The interest rates payable on the loans are, at our option, equal to either a LIBOR rate or a base rate plus an applicable margin, which ranges from 1.0% to 2.0% per annum for LIBOR loans and 0.0% to 1.0% per annum for base rate loans, in each case, depending on the credit ratings assigned to the Credit Facility. The current applicable margin is 1.75% for LIBOR loans and 0.75% for base rate loans, which are expected to be reduced to 1.50% and 0.50%, respectively, three months after the closing date, assuming the credit ratings of the Credit Facility are maintained. In addition, the Company is required to pay a commitment fee on the unused portion of the commitments under the revolving facility at a rate that ranges from 0.15% to 0.35% per annum, depending on the credit ratings assigned to the Credit Facility. The current commitment fee rate is 0.30%, and this is expected to be reduced to 0.25% three months after the closing date, assuming the credit ratings of the Credit Facility are maintained. GLP Capital is not required to repay any loans under the Credit Facility prior to maturity on October 28, 2018. GLP Capital may prepay all or any portion of the loans under the Credit Facility prior to maturity without premium or penalty, subject to reimbursement of any LIBOR breakage costs of the lenders. The Credit Facility is guaranteed by GLPI.

	The Credit Facility contains customary covenants that, among other things, restrict, subject to certain exceptions, the ability of GLPI and its subsidiaries, to grant liens on their assets, incur indebtedness, sell assets, make investments, engage in acquisitions, mergers or consolidations or pay certain dividends and other restricted payments. The Credit Facility contains the following financial covenants, which are measured quarterly on a trailing four-quarter basis: a maximum total debt to total asset value ratio, a maximum senior secured debt to total asset value ratio, a maximum ratio of certain recourse debt to unencumbered asset value and a minimum fixed charge coverage ratio. In addition, GLPI is required to maintain a minimum tangible net worth. GLPI is required to maintain its status as a REIT on and after the effective date of its election to be treated as a REIT, which election GLPI expects to make on its U.S. federal income tax return for its first full fiscal year following the Spin-Off. GLPI is permitted to pay dividends to its shareholders as may be required in order to maintain REIT status, subject to the absence of payment or bankruptcy defaults. GLPI is also permitted to make other dividends and distributions subject to pro forma compliance with the financial covenants and the absence of defaults. The Credit Facility also contains certain customary affirmative covenants and events of default. Such events of default include the occurrence of a change of control and termination of the Master Lease (subject to certain replacement rights). The occurrence and continuance of an event of default under the Credit Facility will enable the lenders under the Credit Facility to accelerate the loans, and terminate the commitments, thereunder.

	On October 30 and 31, 2013, the Company completed offerings of $2,050 million aggregate principal amount of three series of new senior notes issued by two of GLPI’s wholly owned subsidiaries (the “Issuers”): $550 million of 4.375% Senior Notes due 2018 (the “2018 Notes”); $1,000 million of 4.875% Senior Notes due 2020 (the “2020 Notes”); and $500 million of 5.375% Senior Notes due 2023 (the “2023 Notes,” and collectively with the 2018 Notes and the 2020 Notes, the “Notes”). The 2018 Notes mature on November 1, 2018 and bear interest at a rate of 4.375% per year. The 2020 Notes mature on November 1, 2020 and bear interest at a rate of 4.875% per year. The 2023 Notes mature on November 1, 2023 and bear interest at a rate of 5.375% per year. Interest on the Notes is payable on May 1 and November 1 of each year, beginning on May 1, 2014.

	The Company may redeem the Notes of any series at any time, and from time to time, at a redemption price of 100% of the principal amount of the Notes redeemed, plus a “make-whole” redemption premium described in the indenture governing the Notes, together with accrued and unpaid interest to, but not including, the redemption date, except that if Notes of a series are redeemed 90 or fewer days prior to their maturity, the redemption price will be 100% of the principal amount of the Notes redeemed, together with accrued and unpaid interest to, but not including, the redemption date. If GLPI experiences a change of control accompanied by a decline in the credit rating of the Notes of a particular series, the Company will be required to give holders of the Notes of such series the opportunity to sell their Notes of such series at a price equal to 101% of the principal amount of the Notes of such series, together with accrued and unpaid interest to, but not including, the repurchase date. The Notes also are subject to mandatory redemption requirements imposed by gaming laws and regulations.

	The Notes are guaranteed on a senior unsecured basis by GLPI. The Notes are the Issuers senior unsecured obligations and rank pari passu in right of payment with all of the Issuers senior indebtedness, including the Credit Facility, and senior in right of payment to all of the Issuers subordinated indebtedness, without giving effect to collateral arrangements.

	The Notes contain covenants limiting the Issuers ability to: incur additional debt and use their assets to secure debt; merge or consolidate with another company; and make certain amendments to the Master Lease. The Notes also require the Issuers to maintain a specified ratio of unencumbered assets to unsecured debt. These covenants are subject to a number of important and significant limitations, qualifications and exceptions.

	GLPI used the proceeds of the 2018 Notes and the 2023 Notes, together with borrowings under the Credit Facility, to make distributions directly or indirectly, to Penn in partial exchange for the contribution of real property assets to GLPI in connection with the Spin-Off and to pay related fees and expenses. A portion of the net proceeds from the 2020 Notes was used to repay certain amounts drawn under the revolving portion of the Credit Facility and the remaining net proceeds are intended to be used to fund a distribution by GLPI of accumulated earnings and profits on its real property assets in order to comply with certain REIT qualification requirements. The estimated accumulated earnings and profit distribution will be approximately $1.05 billion of which GLPI expects will consist of at least 20% being paid in cash with the remainder in GLPI common stock. The proceeds of additional revolving loans under the Credit Facility will be used for working capital, to fund permitted dividends, distributions and acquisitions, for general corporate purposes and for any other purpose not prohibited by the documentation governing the Credit Facility.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	8 Months Ended
Summary of Significant Accounting Policies (Policies)	Sep. 30, 2013
Summary of Significant Accounting Policies	'
Basis of Presentation	'
	Basis of Presentation

	The accompanying consolidated balance sheets of GLPI have been prepared in conformity with generally accepted accounting principles in the United States (“GAAP”).

Use of Estimates	'
	Use of Estimates

	The preparation of the consolidated balance sheets in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts reported in the balance sheet and related notes. Actual results could differ from those estimates.

Cash and Cash Equivalents	'
	Cash and Cash Equivalents

	The Company considers all cash balances and highly liquid investments with original maturities of three months or less to be cash and cash equivalents.

Commitments_and_Contingencies_

Commitments and Contingencies (Tables)	8 Months Ended
Commitments and Contingencies (Tables)	Sep. 30, 2013
Commitments and Contingencies	'
Schedule of future minimum rental income (which excludes any rental payments that are variable during the term of the Master Lease) from the Company's properties under non-cancelable operating leases	'
	The future minimum rental income (which excludes any rental payments that are variable during the term of the Master Lease) from the Company’s properties under non-cancelable operating leases is as follows (in thousands):

	Year ending December 31,

	2013 (2 months)	$	62,800
	2014	376,802
	2015	376,802
	2016	376,802
	2017	376,802
	Thereafter	3,646,018
	Total	$	5,216,026
Schedule of future minimum lease commitments	'
	Note that this table does not include commitments related to obligations that are variable in nature and as such is not illustrative of the total anticipated payments that GLPI will incur related to these leases over this time period (in thousands):

	Year ending December 31,

	2013 (2 months)	$	243
	2014	998
	2015	301
	2016	300
	2017	314
	Thereafter	44,436
	Total	$	46,592

Organization_and_Operations_De

Organization and Operations (Details)	8 Months Ended
Organization and Operations (Details)	Sep. 30, 2013
Organization and Operations	'
Minimum percentage of taxable income to be distributed to shareholders for maintaining qualification as REIT	90.00%

Commitments_and_Contingencies_1

Commitments and Contingencies (Details) (USD $)	Sep. 30, 2013	Nov. 01, 2013	Nov. 01, 2013	Nov. 01, 2013	Nov. 01, 2013	Nov. 01, 2013
		Subsequent event	Subsequent event	Subsequent event	Subsequent event	Subsequent event
			Casino in Biloxi, Mississippi	Casino in Tunica, Mississippi	City of Bangor	Maximum
				item	item	item
Operating Leases	'	'	'	'	'	'
Initial term of Master Lease	'	'15 years	'	'	'	'
Number of lease renewal options of Master Lease	'	'	'	'	'	4
Term of Master Lease renewal options	'	'5 years	'	'	'	'
Future minimum rental income (which excludes any rental payments that are variable during the term of the Master Lease) from the properties under non-cancelable operating leases	'	'	'	'	'	'
2013 (2 months)	$62,800,000	'	'	'	'	'
2014	376,802,000	'	'	'	'	'
2015	376,802,000	'	'	'	'	'
2016	376,802,000	'	'	'	'	'
2017	376,802,000	'	'	'	'	'
Thereafter	3,646,018,000	'	'	'	'	'
Total	5,216,026,000	'	'	'	'	'
Operating Lease Commitments	'	'	'	'	'	'
Initial term of lease	'	'	'99 years	'5 years	'15 years	'
Annual rental payment	'	'	140,000	'	'	'
Period after which the annual rental payment will be increased by fifteen percent	'	'	'5 years	'	'	'
Increase in annual rental payment after every 5 years (as a percent)	'	'	15.00%	'	'	'
Number of lease renewal options	'	'	'	9	3	'
Term of lease renewal options	'	'	'	'5 years	'10 years	'
Percentage of gross revenues for determination of annual revenue-sharing provision under the lease agreement	'	'	'	4.00%	'	'
Revenue-sharing provision as a percentage of gross slot revenue under the lease agreement	'	'	'	'	3.00%	'
Future minimum lease commitments	'	'	'	'	'	'
2013 (2 months)	243,000	'	'	'	'	'
2014	998,000	'	'	'	'	'
2015	301,000	'	'	'	'	'
2016	300,000	'	'	'	'	'
2017	314,000	'	'	'	'	'
Thereafter	44,436,000	'	'	'	'	'
Total	$46,592,000	'	'	'	'	'

Subsequent_Events_Details

Subsequent Events (Details) (Subsequent event, USD $)

0 Months Ended

Nov. 01, 2013

Oct. 28, 2013

Nov. 01, 2013

Oct. 28, 2013

Minimum

Credit Facility

Senior Notes

2018 Notes

2020 Notes

2023 Notes

Penn

GLP Capital

item

If redeemed 90 or fewer days prior to maturity

Change of control

Credit Facility

Revolving credit facility

Term Loan facility

LIBOR

Base rate

Expected

Minimum

Maximum

Expected

Minimum

Maximum

Expected

Minimum

Maximum

Subsequent events

Number of shares of common stock that were issued to the holders of common stock and Series C convertible preferred stock

Number of shares of Series C preferred stock, the holders of which are entitled to receive one share of common stock

0.001

Term of debt

'5 years

Maximum borrowing capacity

$700,000,000

$300,000,000

Interest rate, description

'LIBOR

'base rate

Interest rate added to the base rate (as a percent)

1.75%

1.50%

1.00%

2.00%

0.75%

0.50%

0.00%

1.00%

Commitment fee percentage

0.30%

0.25%

0.15%

0.35%

Number of trailing quarters used in the measurement of financial covenants

Aggregate principal amount

2,050,000,000

550,000,000

1,000,000,000

500,000,000

Number of series of new notes issued

Number of wholly owned subsidiaries issuing debt instrument

Debt instrument interest rate stated percentage

4.38%

4.88%

5.38%

Percentage of principal amount at which the Issuers may redeem notes

100.00%

101.00%

Estimated accumulated earnings and profit distribution

$1,050,000,000

Accumulated earnings and profit distribution expected as cash payment (as a percent)

20.00%

Schedule_of_Real_Estate_Assets

Schedule of Real Estate Assets to be Acquired by Gaming and Leisure Properties, Inc (Penn National Gaming, Inc., USD $)	Sep. 30, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012
Assets	'	'
Land and Buildings, net of accumulated depreciation	$2,003,913	$2,008,171
Total assets	$2,003,913	$2,008,171

Business_and_Basis_of_Presenta

Business and Basis of Presentation (Penn)	9 Months Ended
Business and Basis of Presentation (Penn)	Sep. 30, 2013
Penn	'
Business and basis of presentation	'
Business and Basis of Presentation	'
	1. Business and Basis of Presentation

	Penn National Gaming, Inc. and subsidiaries (collectively, “Penn”) is a diversified, multi-jurisdictional owner and manager of gaming and pari-mutuel properties. As of September 30, 2013, Penn owned, managed, or had ownership interests in 28 facilities in the following 18 jurisdictions: Florida, Illinois, Indiana, Iowa, Kansas, Louisiana, Maine, Maryland, Mississippi, Missouri, Nevada, New Jersey, New Mexico, Ohio, Pennsylvania, Texas, West Virginia, and Ontario. On November 15, 2012, Penn announced that it was pursuing plans to separate the majority of its operating assets and real property assets into two publicly traded companies including an operating entity and, through a tax-free spin-off of its real estate assets to holders of its common stock (the “Spin-Off”), a newly formed publicly traded entity that intends to qualify as a real estate investment trust (“REIT”). The Spin-Off was completed on November 1, 2013.

	Gaming and Leisure Properties, Inc., (the “Company” or “GLPI”) was incorporated on February 13, 2013 as a wholly-owned subsidiary of Penn. On November 1, 2013, Penn completed the Spin-Off by distributing the common stock it held in GLPI to Penn’s shareholders. Prior to the Spin-Off, Penn engaged in a series of internal corporate restructurings to separate its real estate assets from its operating assets. Penn transferred substantially all of the assets and liabilities associated with the real property interests and real estate development business related to Penn’s gaming operations, as well as the assets and liabilities of Louisiana Casino Cruises, Inc. (“Hollywood Casino Baton Rouge”) and Penn Cecil Maryland, Inc. (“Hollywood Casino Perryville”). All of Penn’s operations and other historical assets and liabilities continue to be held by Penn. GLPI’s primary business consists of acquiring, financing, and owning real estate property to be leased to gaming operators in “triple net” lease arrangements, pursuant to which the tenant is responsible for all facility maintenance, insurance required in connection with the leased properties and all utilities and other services necessary or appropriate for the leased properties and the business conducted on the leased properties. Initially, GLPI’s sole tenant is Penn Tenant, LLC (“Penn Tenant”), a subsidiary of Penn, which leases the GLPI assets related to the business of Penn other than the Hollywood Casino Baton Rouge and Hollywood Casino Perryville (the “TRS Properties”) pursuant to a master lease agreement (the “Master Lease”). Following its qualification as a REIT, GLPI expects to be the first gaming-focused REIT, and expects to grow its portfolio by aggressively pursuing opportunities to acquire additional gaming facilities to lease to gaming operators, which may include Penn. GLPI also anticipates diversifying its portfolio over time, including by acquiring properties outside the gaming industry to lease to third parties.

	The accompanying schedule of real estate assets to be acquired by GLPI reflects certain owned real estate of 19 gaming and related facilities that were acquired by GLPI from Penn prior to the Spin-Off.

Summary_of_Significant_Account2

Summary of Significant Accounting Policies	8 Months Ended	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2013
		Penn
Summary of significant accounting policies	'	'
Summary of Significant Accounting Policies	'	'
	2. Summary of Significant Accounting Policies	2. Summary of Significant Accounting Policies

	Basis of Presentation	Basis of Presentation

	The accompanying consolidated balance sheets of GLPI have been prepared in conformity with generally accepted accounting principles in the United States (“GAAP”).	The accompanying schedule of real estate assets to be acquired by GLPI reflects the assets directly attributable to Penn’s real estate holdings to be owned by GLPI, with the exception of the operations of Hollywood Casino Baton Rouge and Hollywood Casino Perryville. The schedule of real estate assets to be acquired by GLPI presented herein is combined on the basis of common control. The schedule of real estate assets to be acquired by GLPI is prepared in conformity with United States generally accepted accounting principles (“GAAP”) and has been derived from the accounting records of Penn using the historical basis of assets of Penn adjusted as necessary to conform to GAAP. Management believes the assumptions underlying the schedule of real estate assets to be acquired by GLPI are reasonable. However, the schedule of real estate assets to be acquired by GLPI included herein may not necessarily reflect GLPI’s financial position in the future or what their financial position would have been had GLPI operated independently of Penn at the date presented.

	Use of Estimates	Land and Buildings

	The preparation of the consolidated balance sheets in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts reported in the balance sheet and related notes. Actual results could differ from those estimates.	Land and buildings are stated at historical cost. Maintenance and repairs that neither add materially to the value of the asset nor appreciably prolong its useful life are charged to expense as incurred. Gains or losses on the disposal of property and equipment are included in the determination of income.

	Cash and Cash Equivalents	Depreciation is recorded using the straight-line method over the following estimated useful lives:

	The Company considers all cash balances and highly liquid investments with original maturities of three months or less to be cash and cash equivalents.	Land improvements	5 to 15 years
		Building and improvements	40 years

		The estimated useful lives are determined based on the nature of the assets as well as the Company’s current operating strategy.

		The Company reviews the carrying value of its property and equipment for possible impairment whenever events or changes in circumstances indicate that the carrying value of an asset may not be recoverable based on undiscounted estimated future cash flows expected to result from its use and eventual disposition. The factors considered by the Company in performing this assessment include current operating results, trends and prospects, as well as the effect of obsolescence, demand, competition and other economic factors. In assessing the recoverability of the carrying value of land and buildings, the Company must make assumptions regarding future cash flows and other factors. If these estimates or the related assumptions change in the future, the Company may be required to record an impairment loss for these assets.

Land_and_Buildings_net

Land and Buildings, net (Penn)	9 Months Ended
	Sep. 30, 2013
Penn	'
Land and Buildings, net	'
Land and Buildings, net	'
	3. Land and Buildings, net

	Land and buildings, net, consists of the following (in thousands):

		30-Sep-13			31-Dec-12
		(Unaudited)

	Land and improvements	$	382,598		$	385,273
	Building and improvements	2,083,368			2,026,028
	Total land and buildings	2,465,966			2,411,301
	Less accumulated depreciation	(462,053		)	(403,130		)
	Land and buildings, net	$	2,003,913		$	2,008,171

Concentration_of_Credit_Risks

Concentration of Credit Risks (Penn)	9 Months Ended
Concentration of Credit Risks (Penn)	Sep. 30, 2013
Penn	'
Concentration of credit risks	'
Concentration of Credit Risks	'
	4. Concentration of Credit Risks

	Concentrations of credit risks arise when a number of operators, tenants, or obligors related to the Company’s investments are engaged in similar business activities, or activities in the same geographic region, or have similar economic features that would cause their ability to meet contractual obligations, including those to the Company, to be similarly affected by changes in economic conditions. Substantially all of the Company’s real estate properties are leased to Penn Tenant, and all of the Company’s rental revenues are derived from the Master Lease. Penn is a publicly traded company that is subject to the informational filing requirements of the Securities Exchange Act of 1934, as amended, and is required to file periodic reports on Form 10-K and Form 10-Q with the SEC. Penn’s net revenues were $2.27 billion for the nine months ended September 30, 2013, and $2.90 billion for the year ended December 31, 2012. Other than the Company’s tenant concentration, management believes the current portfolio is reasonably diversified by geographical location and does not contain any other significant concentration of credit risks. The Company’s portfolio of 19 properties is diversified by location across 13 states.

Subsequent_Event

Subsequent Event	8 Months Ended	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2013
	Sep. 30, 2013	Penn
Subsequent event	'	'
Subsequent Events	'	'
	4. Subsequent Events	5. Subsequent Event

	On November 1, 2013, Penn effected the Spin-Off by distributing one share of common stock of GLPI to the holders of Penn common stock and Series C Convertible Preferred Stock for every share of Penn common stock and every 1/1000th of a share of Series C Preferred Stock that they held at the close of business on October 16, 2013, the record date for the Spin-Off. Peter M. Carlino and the PMC Delaware Dynasty Trust dated September 25, 2013, a trust for the benefit of Mr. Carlino’s children, also received additional shares of GLPI common stock, in exchange for shares of Penn common stock that they transferred to Penn immediately prior to the Spin-Off, and Mr. Carlino exchanged certain options to acquire Penn common stock for options to acquire GLPI common stock having the same aggregate intrinsic value. The transactions with Mr. Carlino and the trust were effected solely to ensure compliance with certain rules and regulations related to the qualification of GLPI as a REIT.	As discussed in Note 1, the Spin-Off was completed on November 1, 2013 and in connection with the Spin-Off, GLPI acquired approximately $2.0 billion of Land and Buildings, net of accumulated depreciation.

	Prior to the consummation of the Spin-Off, Penn contributed substantially all of the assets and liabilities associated with the real property interests and real estate development business related to Penn’s gaming operations, as well as the assets and liabilities of the TRS Properties, to GLPI through a series of internal corporate restructurings.

	On October 28, 2013, GLP Capital, L.P. (“GLP Capital”), a wholly owned subsidiary of GLPI, entered into a new five year senior unsecured credit facility (the “Credit Facility”), consisting of a $700 million revolving credit facility and a $300 million Term Loan facility. The interest rates payable on the loans are, at our option, equal to either a LIBOR rate or a base rate plus an applicable margin, which ranges from 1.0% to 2.0% per annum for LIBOR loans and 0.0% to 1.0% per annum for base rate loans, in each case, depending on the credit ratings assigned to the Credit Facility. The current applicable margin is 1.75% for LIBOR loans and 0.75% for base rate loans, which are expected to be reduced to 1.50% and 0.50%, respectively, three months after the closing date, assuming the credit ratings of the Credit Facility are maintained. In addition, the Company is required to pay a commitment fee on the unused portion of the commitments under the revolving facility at a rate that ranges from 0.15% to 0.35% per annum, depending on the credit ratings assigned to the Credit Facility. The current commitment fee rate is 0.30%, and this is expected to be reduced to 0.25% three months after the closing date, assuming the credit ratings of the Credit Facility are maintained. GLP Capital is not required to repay any loans under the Credit Facility prior to maturity on October 28, 2018. GLP Capital may prepay all or any portion of the loans under the Credit Facility prior to maturity without premium or penalty, subject to reimbursement of any LIBOR breakage costs of the lenders. The Credit Facility is guaranteed by GLPI.

	The Credit Facility contains customary covenants that, among other things, restrict, subject to certain exceptions, the ability of GLPI and its subsidiaries, to grant liens on their assets, incur indebtedness, sell assets, make investments, engage in acquisitions, mergers or consolidations or pay certain dividends and other restricted payments. The Credit Facility contains the following financial covenants, which are measured quarterly on a trailing four-quarter basis: a maximum total debt to total asset value ratio, a maximum senior secured debt to total asset value ratio, a maximum ratio of certain recourse debt to unencumbered asset value and a minimum fixed charge coverage ratio. In addition, GLPI is required to maintain a minimum tangible net worth. GLPI is required to maintain its status as a REIT on and after the effective date of its election to be treated as a REIT, which election GLPI expects to make on its U.S. federal income tax return for its first full fiscal year following the Spin-Off. GLPI is permitted to pay dividends to its shareholders as may be required in order to maintain REIT status, subject to the absence of payment or bankruptcy defaults. GLPI is also permitted to make other dividends and distributions subject to pro forma compliance with the financial covenants and the absence of defaults. The Credit Facility also contains certain customary affirmative covenants and events of default. Such events of default include the occurrence of a change of control and termination of the Master Lease (subject to certain replacement rights). The occurrence and continuance of an event of default under the Credit Facility will enable the lenders under the Credit Facility to accelerate the loans, and terminate the commitments, thereunder.

	On October 30 and 31, 2013, the Company completed offerings of $2,050 million aggregate principal amount of three series of new senior notes issued by two of GLPI’s wholly owned subsidiaries (the “Issuers”): $550 million of 4.375% Senior Notes due 2018 (the “2018 Notes”); $1,000 million of 4.875% Senior Notes due 2020 (the “2020 Notes”); and $500 million of 5.375% Senior Notes due 2023 (the “2023 Notes,” and collectively with the 2018 Notes and the 2020 Notes, the “Notes”). The 2018 Notes mature on November 1, 2018 and bear interest at a rate of 4.375% per year. The 2020 Notes mature on November 1, 2020 and bear interest at a rate of 4.875% per year. The 2023 Notes mature on November 1, 2023 and bear interest at a rate of 5.375% per year. Interest on the Notes is payable on May 1 and November 1 of each year, beginning on May 1, 2014.

	The Company may redeem the Notes of any series at any time, and from time to time, at a redemption price of 100% of the principal amount of the Notes redeemed, plus a “make-whole” redemption premium described in the indenture governing the Notes, together with accrued and unpaid interest to, but not including, the redemption date, except that if Notes of a series are redeemed 90 or fewer days prior to their maturity, the redemption price will be 100% of the principal amount of the Notes redeemed, together with accrued and unpaid interest to, but not including, the redemption date. If GLPI experiences a change of control accompanied by a decline in the credit rating of the Notes of a particular series, the Company will be required to give holders of the Notes of such series the opportunity to sell their Notes of such series at a price equal to 101% of the principal amount of the Notes of such series, together with accrued and unpaid interest to, but not including, the repurchase date. The Notes also are subject to mandatory redemption requirements imposed by gaming laws and regulations.

	The Notes are guaranteed on a senior unsecured basis by GLPI. The Notes are the Issuers senior unsecured obligations and rank pari passu in right of payment with all of the Issuers senior indebtedness, including the Credit Facility, and senior in right of payment to all of the Issuers subordinated indebtedness, without giving effect to collateral arrangements.

	The Notes contain covenants limiting the Issuers ability to: incur additional debt and use their assets to secure debt; merge or consolidate with another company; and make certain amendments to the Master Lease. The Notes also require the Issuers to maintain a specified ratio of unencumbered assets to unsecured debt. These covenants are subject to a number of important and significant limitations, qualifications and exceptions.

	GLPI used the proceeds of the 2018 Notes and the 2023 Notes, together with borrowings under the Credit Facility, to make distributions directly or indirectly, to Penn in partial exchange for the contribution of real property assets to GLPI in connection with the Spin-Off and to pay related fees and expenses. A portion of the net proceeds from the 2020 Notes was used to repay certain amounts drawn under the revolving portion of the Credit Facility and the remaining net proceeds are intended to be used to fund a distribution by GLPI of accumulated earnings and profits on its real property assets in order to comply with certain REIT qualification requirements. The estimated accumulated earnings and profit distribution will be approximately $1.05 billion of which GLPI expects will consist of at least 20% being paid in cash with the remainder in GLPI common stock. The proceeds of additional revolving loans under the Credit Facility will be used for working capital, to fund permitted dividends, distributions and acquisitions, for general corporate purposes and for any other purpose not prohibited by the documentation governing the Credit Facility.

Summary_of_Significant_Account3

Summary of Significant Accounting Policies (Policies)	8 Months Ended	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2013
		Penn
Summary of significant accounting policies	'	'
Basis of Presentation	'	'
	Basis of Presentation	Basis of Presentation

	The accompanying consolidated balance sheets of GLPI have been prepared in conformity with generally accepted accounting principles in the United States (“GAAP”).	The accompanying schedule of real estate assets to be acquired by GLPI reflects the assets directly attributable to Penn’s real estate holdings to be owned by GLPI, with the exception of the operations of Hollywood Casino Baton Rouge and Hollywood Casino Perryville. The schedule of real estate assets to be acquired by GLPI presented herein is combined on the basis of common control. The schedule of real estate assets to be acquired by GLPI is prepared in conformity with United States generally accepted accounting principles (“GAAP”) and has been derived from the accounting records of Penn using the historical basis of assets of Penn adjusted as necessary to conform to GAAP. Management believes the assumptions underlying the schedule of real estate assets to be acquired by GLPI are reasonable. However, the schedule of real estate assets to be acquired by GLPI included herein may not necessarily reflect GLPI’s financial position in the future or what their financial position would have been had GLPI operated independently of Penn at the date presented.

Land and Buildings	'	'
		Land and Buildings

		Land and buildings are stated at historical cost. Maintenance and repairs that neither add materially to the value of the asset nor appreciably prolong its useful life are charged to expense as incurred. Gains or losses on the disposal of property and equipment are included in the determination of income.

		Depreciation is recorded using the straight-line method over the following estimated useful lives:

		Land improvements	5 to 15 years
		Building and improvements	40 years

		The estimated useful lives are determined based on the nature of the assets as well as the Company’s current operating strategy.

		The Company reviews the carrying value of its property and equipment for possible impairment whenever events or changes in circumstances indicate that the carrying value of an asset may not be recoverable based on undiscounted estimated future cash flows expected to result from its use and eventual disposition. The factors considered by the Company in performing this assessment include current operating results, trends and prospects, as well as the effect of obsolescence, demand, competition and other economic factors. In assessing the recoverability of the carrying value of land and buildings, the Company must make assumptions regarding future cash flows and other factors. If these estimates or the related assumptions change in the future, the Company may be required to record an impairment loss for these assets.

Summary_of_Significant_Account4

Summary of Significant Accounting Policies (Tables) (Penn)	9 Months Ended
	Sep. 30, 2013
Penn	'
Summary of significant accounting policies	'
Schedule of the estimated useful lives of land and buildings	'
	Land improvements	5 to 15 years
	Building and improvements	40 years

Land_and_Buildings_net_Tables

Land and Buildings, net (Tables) (Penn)	9 Months Ended
	Sep. 30, 2013
Penn	'
Land and Buildings, net	'
Schedule of land and buildings, net	'
	Land and buildings, net, consists of the following (in thousands):

		30-Sep-13			31-Dec-12
		(Unaudited)

	Land and improvements	$	382,598		$	385,273
	Building and improvements	2,083,368			2,026,028
	Total land and buildings	2,465,966			2,411,301
	Less accumulated depreciation	(462,053		)	(403,130		)
	Land and buildings, net	$	2,003,913		$	2,008,171

Business_and_Basis_of_Presenta1

Business and Basis of Presentation (Details) (Penn)	9 Months Ended
	Sep. 30, 2013
	item
Penn	'
Business and basis of presentation	'
Number of facilities the entity owned, managed, or had ownership interest in	28
Number of jurisdictions in which the entity operates	18
Number of publicly traded companies	2
Number of gaming and related facilities acquired	19

Summary_of_Significant_Account5

Summary of Significant Accounting Policies (Details) (Penn)	9 Months Ended
Summary of Significant Accounting Policies (Details) (Penn)	Sep. 30, 2013
Land improvements \| Minimum	'
Land and buildings	'
Useful lives	'5 years
Land improvements \| Maximum	'
Land and buildings	'
Useful lives	'15 years
Building and improvements	'
Land and buildings	'
Useful lives	'40 years

Land_and_Buildings_net_Details

Land and Buildings, net (Details) (Penn, USD $)	Sep. 30, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012
Land and Buildings, net	'	'
Total land and buildings	$2,465,966	$2,411,301
Less accumulated depreciation	-462,053	-403,130
Land and buildings, net	2,003,913	2,008,171
Land and improvements	'	'
Land and Buildings, net	'	'
Total land and buildings	382,598	385,273
Building and improvements	'	'
Land and Buildings, net	'	'
Total land and buildings	$2,083,368	$2,026,028

Concentration_of_Credit_Risks_

Concentration of Credit Risks (Details) (Penn, USD $)	9 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012
	item	Dec. 31, 2012
Penn	'	'
Concentration of credit risks	'	'
Net revenues	$2,270,000	$2,900,000
Number of properties	19	'
Number of states across which the portfolio of properties is diversified	13	'

Subsequent_Event_Details

Subsequent Event (Details) (Penn, USD $)	Sep. 30, 2013	Dec. 31, 2012	Nov. 01, 2013
In Thousands, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012	Subsequent event
Subsequent event	'	'	'
Land and Buildings, net of accumulated depreciation	$2,003,913	$2,008,171	$2,000,000

Condensed_Combined_Balance_She

Condensed Combined Balance Sheets (Louisiana Casino Cruises, Inc. and Penn Cecil Maryland, Inc. Predecessor, USD $)	Sep. 30, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012
Current assets	'	'
Cash and cash equivalents	$18,550	$14,562
Receivables, net of allowance for doubtful accounts of $34 and $36 at September 30, 2013 and December 31, 2012, respectively	418	444
Prepaid expenses and other current assets	2,887	1,706
Deferred income taxes	1,985	2,070
Total current assets	23,840	18,782
Property and equipment, net	111,185	118,954
Other assets	'	'
Receivable from Penn National Gaming, Inc.	46,926	43,318
Goodwill	75,521	75,521
Other intangible assets	9,577	9,577
Other assets	134	134
Total other assets	132,158	128,550
Total assets	267,183	266,286
Current liabilities	'	'
Accounts payable and accrued expenses	6,007	6,038
Accrued salaries and wages	2,928	3,507
Income taxes	6,959	11,538
Other current liabilities	1,959	1,245
Total current liabilities	17,853	22,328
Long-term liabilities	'	'
Deferred income taxes	4,992	7,628
Total long-term liabilities	4,992	7,628
Stockholder's Equity	'	'
Additional paid-in capital	68,770	71,356
Retained earnings	175,568	164,974
Total stockholder's equity	244,338	236,330
Total liabilities and stockholders' equity	$267,183	$266,286

Condensed_Combined_Balance_She1

Condensed Combined Balance Sheets (Parenthetical) (Louisiana Casino Cruises, Inc. and Penn Cecil Maryland, Inc., Predecessor, USD $)	Sep. 30, 2013	Dec. 31, 2012
In Thousands, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012
Louisiana Casino Cruises, Inc. and Penn Cecil Maryland, Inc. \| Predecessor	'	'
Receivables, allowance for doubtful accounts (in dollars)	$34	$36

Condensed_Combined_Statements_

Condensed Combined Statements of Income (Louisiana Casino Cruises, Inc. and Penn Cecil Maryland, Inc., Predecessor, USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Louisiana Casino Cruises, Inc. and Penn Cecil Maryland, Inc. \| Predecessor	'	'	'	'
Revenues	'	'	'	'
Gaming	$38,129	$44,111	$123,508	$166,352
Food, beverage and other	2,984	3,464	9,573	12,608
Revenues	41,113	47,575	133,081	178,960
Less promotional allowances	-1,480	-1,752	-4,727	-5,976
Net revenues	39,633	45,823	128,354	172,984
Operating expenses	'	'	'	'
Gaming	21,701	24,263	69,182	92,541
Food, beverage and other	2,690	3,077	8,240	10,241
General and administrative	5,966	6,762	18,541	20,429
Depreciation	3,611	3,566	10,826	10,639
Total operating expenses	33,968	37,668	106,789	133,850
Income from operations	5,665	8,155	21,565	39,134
Other income (expenses)	'	'	'	'
Interest income	'	'	1	2
Management fee	-1,189	-1,375	-3,850	-5,190
Total other expenses	-1,189	-1,375	-3,849	-5,188
Income from operations before income taxes	4,476	6,780	17,716	33,946
Taxes on income	1,795	2,250	7,122	13,132
Net income	$2,681	$4,530	$10,594	$20,814

Condensed_Combined_Statements_1

Condensed Combined Statements of Changes in Stockholders' Equity (USD $)	Total	Louisiana Casino Cruises, Inc. and Penn Cecil Maryland, Inc.	Louisiana Casino Cruises, Inc. and Penn Cecil Maryland, Inc.	Louisiana Casino Cruises, Inc. and Penn Cecil Maryland, Inc.
In Thousands, unless otherwise specified		Predecessor	Predecessor	Predecessor
			Additional Paid-In Capital	Retained Earnings
Balance at Dec. 31, 2011	'	$219,911	$77,856	$142,055
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'	'	'	'
Cash distributions to Penn National Gaming, Inc	'	-6,500	-6,500	'
Net income	'	20,814	'	20,814
Balance at Sep. 30, 2012	'	234,225	71,356	162,869
Balance at Jun. 30, 2012	'	'	'	'
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'	'	'	'
Net income	'	4,530	'	'
Balance at Sep. 30, 2012	'	234,225	'	'
Balance at Dec. 31, 2012	'	236,330	71,356	164,974
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'	'	'	'
Cash distributions to Penn National Gaming, Inc	'	-2,586	-2,586	'
Net income	'	10,594	'	10,594
Balance at Sep. 30, 2013	0	244,338	68,770	175,568
Balance at Jun. 30, 2013	'	'	'	'
Increase (Decrease) in Stockholders' Equity [Roll Forward]	'	'	'	'
Net income	'	2,681	'	'
Balance at Sep. 30, 2013	$0	$244,338	'	'

Condensed_Combined_Statements_2

Condensed Combined Statements of Cash Flows (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
	Louisiana Casino Cruises, Inc. and Penn Cecil Maryland, Inc.	Louisiana Casino Cruises, Inc. and Penn Cecil Maryland, Inc.
	Predecessor	Predecessor
Operating activities	'	'
Net income	$10,594	$20,814
Adjustments to reconcile net income to net cash provided by operating activities:	'	'
Depreciation	10,826	10,639
Gain on sale of fixed assets	-31	-94
Deferred income taxes	-2,551	796
Decrease (increase),	'	'
Accounts receivable	26	804
Prepaid expenses and other current assets	-1,181	64
Other assets	'	-4
(Decrease) increase,	'	'
Accounts payable and accrued expenses	-31	-99
Accrued salaries and wages	-579	-135
Income taxes	-4,579	-12,014
Other current liabilities	714	190
Net cash provided by operating activities	13,208	20,961
Investing activities	'	'
Expenditures for property and equipment, net of reimbursements	-3,167	-3,539
Proceeds from sale of property and equipment	141	93
Net cash used in investing activities	-3,026	-3,446
Financing activities	'	'
Net advances to Penn National Gaming, Inc.	-3,608	-13,250
Cash distributions to Penn National Gaming, Inc.	-2,586	-6,500
Net cash used in financing activities	-6,194	-19,750
Net increase (decrease) in cash and cash equivalents	3,988	-2,235
Cash and cash equivalents at beginning of year	14,562	17,146
Cash and cash equivalents at end of period	$18,550	$14,911

Business_and_Basis_of_Presenta2

Business and Basis of Presentation (Louisiana Casino Cruises, Inc. and Penn Cecil Maryland, Inc., Predecessor)	9 Months Ended
	Sep. 30, 2013
Louisiana Casino Cruises, Inc. and Penn Cecil Maryland, Inc. \| Predecessor	'
Business and basis of presentation	'
Business and Basis of Presentation	'
	1. Business and Basis of Presentation

	Louisiana Casino Cruises, Inc. (“Hollywood Casino Baton Rouge”) and Penn Cecil Maryland, Inc. (“Hollywood Casino Perryville”), which operate Hollywood Casino Baton Rouge and Hollywood Casino Perryville, respectively, were historically wholly-owned subsidiaries of Penn National Gaming, Inc. (“Penn”), a publicly held Pennsylvania corporation. On November 15, 2012, Penn announced that it was pursuing plans to separate the majority of its operating assets and real property assets into two separate publicly traded companies: an operating entity and, through a tax-free spin-off (the “Spin-Off”) of its real estate assets to holders of its common stock, a newly formed publicly traded entity that intends to qualify as a real estate investment trust (“REIT”), named Gaming and Leisure Properties, Inc. (“GLPI”). On November 1, 2013, Penn completed the Spin-Off by distributing the common stock it held in GLPI to Penn’s shareholders. Prior to the Spin-Off, Penn engaged in a series of internal corporate restructurings to separate its real estate assets from its operating assets. GLPI now holds directly or indirectly substantially all of the assets and liabilities associated with the real property interests and real estate development business related to Penn’s gaming operations, as well as all of the interests in Hollywood Casino Baton Rouge and Hollywood Casino Perryville (which are together referred to in these notes as “the Company”). Penn continues to hold all of its other historical operations, assets and liabilities.

	Hollywood Casino Baton Rouge was acquired by Penn in April 2001 as part of its acquisition of CRC Holdings, Inc. The facility is a dockside riverboat gaming facility which at September 30, 2013 featured approximately 121,000 square feet of property space with 940 gaming machines and 18 table games. The facility also includes a dockside building featuring a variety of amenities, including a steakhouse, a buffet and deli and various entertainment options. Hollywood Casino Perryville was opened by Penn on September 27, 2010. At September 30, 2013, the facility featured approximately 98,000 square feet of property space with 1,158 slot machines and 12 table games.

	The 2013 and 2012 financial information has been derived from the operations of Louisiana Casino Cruises, Inc. and Penn Cecil Maryland, Inc. Operating results for the nine months ended September 30, 2013 are not necessarily indicative of the results that may be expected for the year ending December 31, 2013. The assets and liabilities of Hollywood Casino Baton Rouge and Hollywood Casino Perryville were recorded at their respective historical carrying values at the time of the Spin-off in accordance with the provisions of Financial Accounting Standards Board (the “FASB”) Accounting Standards Codification (“ASC”) 505-60, “Spinoffs and Reverse Spinoffs.” Information contained in the prospectus on Form 424b3, which was filed with the Securities and Exchange Commission on October 10, 2013, should be read in conjunction with these combined financial statements.

	The accompanying unaudited combined financial statements of the Company have been prepared in accordance with United States generally accepted accounting principles (“GAAP”) for interim financial information and with the instructions for Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation have been included.

	The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenue and expenses for the reporting periods. Actual results could differ from those estimates.

Summary_of_Significant_Account6

Summary of Significant Accounting Policies	8 Months Ended	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2013
		Louisiana Casino Cruises, Inc. and Penn Cecil Maryland, Inc.
		Predecessor
Summary of significant accounting policies	'	'
Summary of Significant Accounting Policies	'	'
	2. Summary of Significant Accounting Policies	2. Summary of Significant Accounting Policies

	Basis of Presentation	Cash and Cash Equivalents

	The accompanying consolidated balance sheets of GLPI have been prepared in conformity with generally accepted accounting principles in the United States (“GAAP”).	The Company considers all cash balances and highly liquid investments with original maturities of three months or less to be cash and cash equivalents.

	Use of Estimates	Concentration of Credit Risk

	The preparation of the consolidated balance sheets in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts reported in the balance sheet and related notes. Actual results could differ from those estimates.	Financial instruments that subject the Company to credit risk consist of cash and cash equivalents. At times, the Company has bank deposits that exceed federally insured limits.

	Cash and Cash Equivalents	Accounts are written off when management determines that an account is uncollectible. Recoveries of accounts previously written off are recorded when received. An allowance for doubtful accounts is determined to reduce the Company’s receivables to their carrying value, which approximates fair value.

	The Company considers all cash balances and highly liquid investments with original maturities of three months or less to be cash and cash equivalents.	The allowance is estimated based on historical collection experience, specific review of individual customer accounts, and current economic and business conditions.

		Property and Equipment

		Property and equipment are stated at cost, less accumulated depreciation. Maintenance and repairs that neither add materially to the value of the asset nor appreciably prolong its useful life are charged to expense as incurred. Gains or losses on the disposal of property and equipment are included in the determination of income.

		Depreciation of property and equipment is recorded using the straight-line method over the following estimated useful lives:

		Land improvements		5 to 15 years
		Building and improvements		5 to 40 years
		Furniture, fixtures, and equipment		3 to 31 years

		Leasehold improvements are depreciated over the shorter of the estimated useful life of the improvement or the related lease term.

		The estimated useful lives are determined based on the nature of the assets as well as the Company’s current operating strategy.

		The Company reviews the carrying value of its property and equipment for possible impairment whenever events or changes in circumstances indicate that the carrying value of an asset may not be recoverable based on undiscounted estimated future cash flows expected to result from its use and eventual disposition. The factors considered by the Company in performing this assessment include current operating results, trends and prospects, as well as the effect of obsolescence, demand, competition and other economic factors. In estimating expected future cash flows for determining whether an asset is impaired, assets are grouped at the individual property level. In assessing the recoverability of the carrying value of property and equipment, the Company must make assumptions regarding future cash flows and other factors. If these estimates or the related assumptions change in the future, the Company may be required to record an impairment loss for these assets.

		Goodwill and Other Intangible Assets

		At September 30, 2013, the Company had $75.5 million in goodwill and $9.6 million in other intangible assets within its combined balance sheet, resulting from the Company’s acquisition of Hollywood Casino Baton Rouge and payments for Hollywood Casino Perryville’s gaming license.

		Goodwill is tested annually, or more frequently if indicators of impairment exist, for impairment by comparing the fair value of the Hollywood Casino Baton Rouge reporting unit to its carrying amount. If the carrying amount exceeds its fair value in step 1 of the impairment test, then step 2 of the impairment test is performed to determine the implied value of goodwill. If the implied value of goodwill is less than the goodwill allocated, an impairment loss is recognized.

		In accordance with ASC 350, “Intangibles—Goodwill and Other,” the Company considers its Hollywood Casino Perryville gaming license as an indefinite-life intangible asset that does not require amortization based on the Company’s future expectations to operate this casino indefinitely as well as the gaming industry’s historical experience in renewing these intangible assets at minimal cost with various state gaming and racing commissions. Rather, the Company’s gaming license is tested annually, or more frequently if indicators of impairment exist, for impairment by comparing the fair value of the recorded asset to its carrying amount. If the carrying amount of the indefinite-life intangible asset exceeds its fair value, an impairment loss is recognized.

		Income Taxes

		The Company accounts for income taxes in accordance with ASC 740, “Income Taxes” (“ASC 740”). Under ASC 740, deferred tax assets and liabilities are determined based on the differences between the financial statement carrying amounts and the tax bases of existing assets and liabilities and are measured at the prevailing enacted tax rates that will be in effect when these differences are settled or realized. ASC 740 also requires that deferred tax assets be reduced by a valuation allowance if it is more likely than not that some portion or all of the deferred tax assets will not be realized.

		The realizability of the deferred tax assets is evaluated by assessing the valuation allowance and by adjusting the amount of the allowance, if any, as necessary. The factors used to assess the likelihood of realization are the forecast of future taxable income.

		ASC 740 also creates a single model to address uncertainty in tax positions, and clarifies the accounting for uncertainty in income taxes recognized in an enterprise’s financial statements by prescribing the minimum recognition threshold a tax position is required to meet before being recognized in an enterprise’s financial statements. It also provides guidance on derecognition, measurement, classification, interest and penalties, accounting in interim periods, disclosure and transition. The Company did not have any uncertain tax positions at September 30, 2013 or December 31, 2012.

		The Company is required under ASC 740 to disclose its accounting policy for classifying interest and penalties, the amount of interest and penalties charged to expense each period, as well as the cumulative amounts recorded in the combined balance sheets. If and when they occur, the Company will classify any income tax-related penalties and interest accrued related to unrecognized tax benefits in taxes on income within the combined statements of operations.

		Revenue Recognition and Promotional Allowances

		Gaming revenue mainly consists of revenues from video gaming machines as well as to a lesser extent table game and poker revenue. Revenue from video gaming machines is the aggregate net difference between gaming wins and losses, with liabilities recognized for funds deposited by customers before gaming play occurs, for “ticket-in, ticket-out” coupons in the customers’ possession, and for accruals related to the anticipated payout of progressive jackpots. Progressive slot machines, which contain base jackpots that increase at a progressive rate based on the number of coins played, are charged to revenue as the amount of the jackpots increases. Table game gaming revenue is the aggregate of table drop adjusted for the change in aggregate table chip inventory. Table drop is the total dollar amount of the currency, coins, chips, tokens, outstanding counter checks (markers), front money that are removed from the live gaming tables. Additionally, food and beverage revenue is recognized as services are performed.

		The following table discloses the components of gaming revenue within the combined statements of income for the three and nine months ended September 30, 2013 and 2012:

				Three Months Ended September 30,						Nine Months Ended September 30,
				2013			2012			2013			2012
				(in thousands)
		Video gaming machines		$	32,859		$	40,791		$	107,946		$	155,635
		Table game, net of cash incentives		4,485			3,100			13,457			9,843
		Poker		785			220			2,105			874
		Total gaming revenue		$	38,129		$	44,111		$	123,508		$	166,352

		Revenues are recognized net of certain sales incentives in accordance with ASC 605-50, “Revenue Recognition—Customer Payments and Incentives.” The Company records certain sales incentives and points earned in point-loyalty programs as a reduction of revenue.

	The retail value of food and beverage and other services furnished to guests without charge is included in gross revenues and then deducted as promotional allowances. The amounts included in promotional allowances for the three and nine months ended September 30, 2013 and 2012 are as follows:

			Three Months Ended September 30,						Nine Months Ended September 30,
			2013			2012			2013			2012
			(in thousands)
	Food and beverage		$	1,468		$	1,574		$	4,573		$	5,396
	Other		12			178			154			580
	Total promotional allowances		$	1,480		$	1,752		$	4,727		$	5,976

	The estimated cost of providing such complimentary services, which is primarily included in food, beverage, and other expense, for the three and nine months ended September 30, 2013 and 2012 are as follows:

			Three Months Ended September 30,						Nine Months Ended September 30,
			2013			2012			2013			2012
			(in thousands)
	Food and beverage		$	748		$	805		$	2,207		$	2,580
	Other		6			93			81			292
	Total cost of complimentary services		$	754		$	898		$	2,288		$	2,872

	Gaming Taxes

	The Company is subject to gaming taxes based on gross gaming revenues in the jurisdictions in which it operates. The Company primarily recognizes gaming tax expense based on the statutorily required percentage of revenue that is required to be paid to state and local jurisdictions in the states were or in which wagering occurs. At Hollywood Casino Baton Rouge, the gaming tax is based on graduated tax rates. The Company records gaming taxes at the Company’s estimated effective gaming tax rate for the year, considering estimated taxable gaming revenue and the applicable rates. Such estimates are adjusted each interim period. If gaming tax rates change during the year, such changes are applied prospectively in the determination of gaming tax expense in future interim periods. For the three and nine months ended September 30, 2013, these expenses, which are primarily recorded within gaming expense in the combined statements of income, totaled $17.3 million and $55.6 million, respectively, as compared to $19.9 million and $78.1 million for the three and nine months ended September 30, 2012, respectively.

	Certain Risks and Uncertainties

	The Company’s operations are dependent on its continued licensing by state gaming commissions. The loss of a license, in any jurisdiction in which the Company operates, could have a material adverse effect on future results of operations.

	The Company is dependent on the local market in which its casinos operate for a significant number of its patrons and revenues. If economic conditions in this area deteriorate or additional gaming licenses are awarded in these markets, the Company’s results of operations could be adversely affected.

	The Company is dependent on the economy of the U.S. in general, and any deterioration in the national economic, energy, credit and capital markets could have a material adverse effect on future results of operations.

	The Company is dependent upon a stable gaming tax structure in the locations in which it operates. Any change in the tax structure could have a material adverse effect on future results of operations.

New_Accounting_Pronouncements

New Accounting Pronouncements (Louisiana Casino Cruises, Inc. and Penn Cecil Maryland, Inc., Predecessor)	9 Months Ended
	Sep. 30, 2013
Louisiana Casino Cruises, Inc. and Penn Cecil Maryland, Inc. \| Predecessor	'
New accounting pronouncements	'
New Accounting Pronouncements	'
	3. New Accounting Pronouncements

	In July 2013, the FASB issued explicit guidance on the financial statement presentation of an unrecognized tax benefit when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists. An unrecognized tax benefit, or a portion of an unrecognized tax benefit, should be presented in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward, except as follows. To the extent a net operating loss carryforward, a similar tax loss, or a tax credit carryforward is not available at the reporting date under the tax law of the applicable jurisdiction to settle any additional income taxes that would result from the disallowance of a tax position or the tax law of the applicable jurisdiction does not require the entity to use, and the entity does not intend to use, the deferred tax asset for such purpose, the unrecognized tax benefit should be presented in the financial statements as a liability and should not be combined with deferred tax assets. The assessment of whether a deferred tax asset is available is based on the unrecognized tax benefit and deferred tax asset that exist at the reporting date and should be made presuming disallowance of the tax position at the reporting date. This guidance is effective for fiscal years, and interim periods within those years, beginning after December 15, 2013 and should be applied prospectively to all unrecognized tax benefits that exist at the effective date. As of September 30, 2013, the Company does not have any unrecognized tax benefits, however, will apply this guidance, once adopted, when applicable.

Property_and_Equipment

Property and Equipment (Louisiana Casino Cruises, Inc. and Penn Cecil Maryland, Inc., Predecessor)	9 Months Ended
	Sep. 30, 2013
Louisiana Casino Cruises, Inc. and Penn Cecil Maryland, Inc. \| Predecessor	'
Property and equipment	'
Property and Equipment	'
	4. Property and Equipment

	Property and equipment, net, consists of the following:

		September 30,			December 31,
		2013			2012
		(in thousands)

	Land and improvements	$	28,156		$	28,193
	Building and improvements	109,822			109,248
	Furniture, fixtures, and equipment	77,022			76,088
	Construction in progress	470			87
	Total property and equipment	215,470			213,616
	Less accumulated depreciation	(104,285		)	(94,662		)
	Property and equipment, net	$	111,185		$	118,954

	Depreciation expense, for property and equipment, totaled $3.6 million and $10.8 million for the three and nine months ended September 30, 2013, respectively, as compared to $3.6 million and $10.6 million for the three and nine months ended September 30, 2012, respectively.

Commitments_and_Contingencies1

Commitments and Contingencies	8 Months Ended			9 Months Ended
	Sep. 30, 2013			Sep. 30, 2013
				Louisiana Casino Cruises, Inc. and Penn Cecil Maryland, Inc.
				Predecessor
Operating Leases	'			'
Commitments and Contingencies	'			'
	3. Commitments and Contingencies			5. Commitments and Contingencies

	Litigation			Litigation

	The Company is subject to various legal and administrative proceedings relating to personal injuries, employment matters, commercial transactions, and other matters arising in the normal course of business. The Company does not believe that the final outcome of these matters will have a material adverse effect on the Company’s financial position or results of operations. In addition, the Company maintains what it believes is adequate insurance coverage to further mitigate the risks of such proceedings. However, such proceedings can be costly, time consuming, and unpredictable and, therefore, no assurance can be given that the final outcome of such proceedings may not materially impact the Company’s financial condition or results of operations. Further, no assurance can be given that the amount or scope of existing insurance coverage will be sufficient to cover losses arising from such matters.			The Company is subject to various legal and administrative proceedings relating to personal injuries, employment matters, commercial transactions, and other matters arising in the normal course of business. The Company does not believe that the final outcome of these matters will have a material adverse effect on the Company’s financial position or results of operations. In addition, the Company maintains what it believes is adequate insurance coverage to further mitigate the risks of such proceedings. However, such proceedings can be costly, time consuming, and unpredictable and, therefore, no assurance can be given that the final outcome of such proceedings may not materially impact the Company’s financial condition or results of operations. Further, no assurance can be given that the amount or scope of existing insurance coverage will be sufficient to cover losses arising from such matters.

	Pursuant to the Separation and Distribution Agreement, any liability arising from or relating to legal proceedings involving the businesses and operations of Penn’s real property holdings prior to the Spin-Off (other than any liability arising from or relating to legal proceedings where the dispute arises from the operation or ownership of the TRS Properties) is retained by Penn and Penn indemnifies GLPI (and its subsidiaries, directors, officers, employees and agents and certain other related parties) against any losses it may incur arising from or relating to such legal proceedings.			Operating Lease Commitments

	Rentals under Operating Leases			In addition, the Company is liable under certain operating leases for equipment and other miscellaneous assets, which expire at various dates through 2015. Total rental expense under these agreements was $0.3 million and $1.0 million for the three and nine months ended September 30, 2013, respectively, as compared to $0.4 million and $1.3 million for the three and nine months ended September 30, 2012, respectively.

	The majority of the Company’s real estate properties are leased to Penn Tenant under the Master Lease. The Master Lease provides for an initial term of 15 years commencing on November 1, 2013, with no purchase option. At the option of the Penn Tenant, the Master Lease may be extended for up to four five-year renewal terms beyond the initial term, on the same terms and conditions. The future minimum rental income (which excludes any rental payments that are variable during the term of the Master Lease) from the Company’s properties under non-cancelable operating leases is as follows (in thousands):

	Year ending December 31,

	2013 (2 months)	$	62,800
	2014	376,802
	2015	376,802
	2016	376,802
	2017	376,802
	Thereafter	3,646,018
	Total	$	5,216,026

	Operating Lease Commitments

	In connection with the Spin-Off, Penn assigned to GLPI various leases on the real property held by GLPI. The following is a description of some of the more significant lease contracts that Penn assigned to GLPI on November 1, 2013:

	A lease agreement for the land utilized in connection with the operations of a casino in Biloxi, Mississippi. The lease commenced March 3, 1994 and is for a term of 99 years. The annual rental payment, which is currently $0.14 million, is increased every 5 years by fifteen percent. The next reset period is in March 2014.

	A lease agreement for the land utilized in connection with the operations of a casino in Tunica, Mississippi. The lease commenced on October 11, 1993 with a five year initial term and nine five year renewals at the tenant’s option. The lease agreement has an annual fixed rent provision, as well as an annual revenue-sharing provision, which is equal to the result obtained by subtracting the fixed rent provision from 4% of gross revenues.

	An operating lease with the City of Bangor which covers the permanent casino facility that opened on July 1, 2008. Under the lease agreement, there is a fixed rent provision, as well as a revenue-sharing provision, which is equal to 3% of gross slot revenue. The final term of the lease, which commenced with the opening of the permanent facility, is for an initial term of fifteen years, with three ten-year renewal options. GLPI assumed the obligations related to the fixed rent provisions and Penn remains liable for the revenue sharing obligations as the operator of the facility.

	The future minimum lease commitments of GLPI are shown below. Note that this table does not include commitments related to obligations that are variable in nature and as such is not illustrative of the total anticipated payments that GLPI will incur related to these leases over this time period (in thousands):

	Year ending December 31,

	2013 (2 months)	$	243
	2014	998
	2015	301
	2016	300
	2017	314
	Thereafter	44,436
	Total	$	46,592

Income_Taxes

Income Taxes (Louisiana Casino Cruises, Inc. and Penn Cecil Maryland, Inc., Predecessor)	9 Months Ended
	Sep. 30, 2013
Louisiana Casino Cruises, Inc. and Penn Cecil Maryland, Inc. \| Predecessor	'
Income taxes	'
Income Taxes	'
	6. Income Taxes

	Deferred tax assets and liabilities are provided for the effects of temporary differences between the tax basis of an asset or liability and its reported amount in the combined balance sheets. These temporary differences result in taxable or deductible amounts in future years.

	The components of the Company’s deferred tax assets and liabilities are as follows:

		September 30,			December 31,
		2013			2012
		(in thousands)
	Deferred tax assets:
	Accrued expenses	$	13,526		$	14,401
	Net deferred tax assets	13,526			14,401

	Deferred tax liabilities:
	Property, plant and equipment	(15,772		)	(19,383		)
	Intangibles	(761		)	(576		)
	Net deferred tax liabilities	(16,533		)	(19,959		)
	Net	$	(3,007	)	$	(5,558	)

	Reflected on combined balance sheets:
	Current deferred tax assets, net	$	1,985		$	2,070
	Noncurrent deferred tax liabilities, net	(4,992		)	(7,628		)
	Net deferred taxes	$	(3,007	)	$	(5,558	)

	The provision for income taxes charged to operations for the three and nine months ended September 30, 2013 and 2012 was as follows:

		Three months ended September 30,						Nine months ended September 30,
		2013			2012			2013			2012
		(in thousands)
	Current tax expense (benefit)
	Federal	$	3,162		$	1,423		$	8,011		$	10,351
	State	811			(239		)	1,662			1,985
	Total current	3,973			1,184			9,673			12,336

	Deferred tax (benefit) expense
	Federal	(1,743		)	949			(2,376		)	770
	State	(435		)	117			(175		)	26
	Total deferred	(2,178		)	1,066			(2,551		)	796
	Total provision	$	1,795		$	2,250		$	7,122		$	13,132

	The following table reconciles the statutory federal income tax rate to the actual effective income tax rate for the three and nine months ended September 30, 2013 and 2012:

		Three months ended September 30,				Nine months ended September 30,
		2013		2012		2013		2012
	Percent of pretax income
	Federal taxes	35	%	35	%	35	%	35	%
	State and local income taxes	6	%	-5.2	%	5.6	%	3.1	%
	Permanent differences	0.5	%	-0.1	%	0.2	%	0	%
	Other miscellaneous items	-1.4	%	3.5	%	-0.6	%	0.6	%
		40.1	%	33.2	%	40.2	%	38.7	%

		Three months ended September 30,						Nine months ended September 30,
		2013			2012			2013			2012
		(in thousands)
	Amount based upon pretax income
	Federal taxes	$	1,566		$	2,372		$	6,200		$	11,881
	State and local income taxes	270			(355		)	992			1,031
	Permanent differences	22			(7		)	31			9
	Other miscellaneous items	(63		)	240			(101		)	211
		$	1,795		$	2,250		$	7,122		$	13,132

	The Company was historically included in the consolidated federal income tax return with Penn and Penn’s other subsidiaries. However, the Company computed federal and state income taxes on a separate return basis. Taxes due were settled between the Company and Penn. The Company paid no federal income taxes directly to tax authorities and instead settled all intercompany balances with Penn on a continuing basis. These settlements included, among other things, the share of the federal income taxes allocated by Penn to the Company.

Related_Party_Transactions

Related Party Transactions (Louisiana Casino Cruises, Inc. and Penn Cecil Maryland, Inc., Predecessor)	9 Months Ended
	Sep. 30, 2013
Louisiana Casino Cruises, Inc. and Penn Cecil Maryland, Inc. \| Predecessor	'
Related party transactions	'
Related Party Transactions	'
	7. Related Party Transactions

	Net Advances and Liabilities to Penn and Related Entities

	The Company had cumulative net advances to Penn of $46.9 million and $43.3 million at September 30, 2013 and December 31, 2012, respectively. These advances are the result of operating cash flows generated by the Company in excess of intercompany allocations from Penn such as the management fee agreement (described below). As part of the Spin-Off, these amounts were forgiven.

	As of September 30, 2013, the Company participated in Penn’s property, general liability, workers’ compensation, and other insurance programs. The Company’s estimated share of these costs, which were allocated directly to the Hollywood Casino Baton Rouge and Hollywood Casino Perryville by Penn, was $0.6 million and $2.0 million for the three and nine months ended September 30, 2013, respectively, as compared to $0.6 million and $1.9 million for the three and nine months ended September 30, 2012, respectively. As part of the Spin-Off, Hollywood Casino Baton Rouge and Hollywood Casino Perryville have or will enter into their own insurance programs.

	Management Fee Agreement

	As of September 30, 2013, the Company had a corporate overhead assessment agreement with Penn, whereby Penn provided various management services in consideration of a management fee equal to 3% of net revenues. The Company incurred and paid management fees of $1.2 million and $3.9 million for the three and nine months ended September 30, 2013, respectively, as compared to $1.4 million and $5.2 million for the three and nine months ended September 30, 2012, respectively. In connection with the completion of the Spin-Off, the management fee agreements between Penn and Hollywood Casino Baton Rouge and Hollywood Casino Perryville were terminated.

Supplemental_Disclosures_of_Ca

Supplemental Disclosures of Cash Flow Information (Louisiana Casino Cruises, Inc. and Penn Cecil Maryland, Inc., Predecessor)	9 Months Ended
	Sep. 30, 2013
Louisiana Casino Cruises, Inc. and Penn Cecil Maryland, Inc. \| Predecessor	'
Supplemental disclosures of cash flow information	'
Supplemental Disclosures of Cash Flow Information	'
	8. Supplemental Disclosures of Cash Flow Information

	As of September 30, 2013, the Company paid no federal income taxes directly to tax authorities and instead settled all intercompany balances with Penn on a continuing basis. These settlements included, among other things, the share of the income taxes allocated by Penn to Hollywood Casino Baton Rouge and Hollywood Casino Perryville. The amounts paid to Penn for the Company’s allocated share of federal income taxes was $0.8 million and $7.5 million for the three and nine months ended September 30, 2013, respectively, as compared to $3.3 million and $9.9 million for the three and nine months ended September 30, 2012, respectively. The Company made state income tax payments of $0.7 million and $1.4 million directly to state taxing authorities for the three and nine months ended September 30, 2013, respectively, as compared to $0.7 million and $2.5 million for the three and nine months ended September 30, 2012, respectively.

Subsequent_Events1

Subsequent Events	8 Months Ended	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2013
		Louisiana Casino Cruises, Inc. and Penn Cecil Maryland, Inc.
		Predecessor
Subsequent events	'	'
Subsequent Events	'	'
	4. Subsequent Events	9. Subsequent Events

	On November 1, 2013, Penn effected the Spin-Off by distributing one share of common stock of GLPI to the holders of Penn common stock and Series C Convertible Preferred Stock for every share of Penn common stock and every 1/1000th of a share of Series C Preferred Stock that they held at the close of business on October 16, 2013, the record date for the Spin-Off. Peter M. Carlino and the PMC Delaware Dynasty Trust dated September 25, 2013, a trust for the benefit of Mr. Carlino’s children, also received additional shares of GLPI common stock, in exchange for shares of Penn common stock that they transferred to Penn immediately prior to the Spin-Off, and Mr. Carlino exchanged certain options to acquire Penn common stock for options to acquire GLPI common stock having the same aggregate intrinsic value. The transactions with Mr. Carlino and the trust were effected solely to ensure compliance with certain rules and regulations related to the qualification of GLPI as a REIT.	As discussed in Note 1, the Spin-Off was completed on November 1, 2013.

	Prior to the consummation of the Spin-Off, Penn contributed substantially all of the assets and liabilities associated with the real property interests and real estate development business related to Penn’s gaming operations, as well as the assets and liabilities of the TRS Properties, to GLPI through a series of internal corporate restructurings.

	On October 28, 2013, GLP Capital, L.P. (“GLP Capital”), a wholly owned subsidiary of GLPI, entered into a new five year senior unsecured credit facility (the “Credit Facility”), consisting of a $700 million revolving credit facility and a $300 million Term Loan facility. The interest rates payable on the loans are, at our option, equal to either a LIBOR rate or a base rate plus an applicable margin, which ranges from 1.0% to 2.0% per annum for LIBOR loans and 0.0% to 1.0% per annum for base rate loans, in each case, depending on the credit ratings assigned to the Credit Facility. The current applicable margin is 1.75% for LIBOR loans and 0.75% for base rate loans, which are expected to be reduced to 1.50% and 0.50%, respectively, three months after the closing date, assuming the credit ratings of the Credit Facility are maintained. In addition, the Company is required to pay a commitment fee on the unused portion of the commitments under the revolving facility at a rate that ranges from 0.15% to 0.35% per annum, depending on the credit ratings assigned to the Credit Facility. The current commitment fee rate is 0.30%, and this is expected to be reduced to 0.25% three months after the closing date, assuming the credit ratings of the Credit Facility are maintained. GLP Capital is not required to repay any loans under the Credit Facility prior to maturity on October 28, 2018. GLP Capital may prepay all or any portion of the loans under the Credit Facility prior to maturity without premium or penalty, subject to reimbursement of any LIBOR breakage costs of the lenders. The Credit Facility is guaranteed by GLPI.

	The Credit Facility contains customary covenants that, among other things, restrict, subject to certain exceptions, the ability of GLPI and its subsidiaries, to grant liens on their assets, incur indebtedness, sell assets, make investments, engage in acquisitions, mergers or consolidations or pay certain dividends and other restricted payments. The Credit Facility contains the following financial covenants, which are measured quarterly on a trailing four-quarter basis: a maximum total debt to total asset value ratio, a maximum senior secured debt to total asset value ratio, a maximum ratio of certain recourse debt to unencumbered asset value and a minimum fixed charge coverage ratio. In addition, GLPI is required to maintain a minimum tangible net worth. GLPI is required to maintain its status as a REIT on and after the effective date of its election to be treated as a REIT, which election GLPI expects to make on its U.S. federal income tax return for its first full fiscal year following the Spin-Off. GLPI is permitted to pay dividends to its shareholders as may be required in order to maintain REIT status, subject to the absence of payment or bankruptcy defaults. GLPI is also permitted to make other dividends and distributions subject to pro forma compliance with the financial covenants and the absence of defaults. The Credit Facility also contains certain customary affirmative covenants and events of default. Such events of default include the occurrence of a change of control and termination of the Master Lease (subject to certain replacement rights). The occurrence and continuance of an event of default under the Credit Facility will enable the lenders under the Credit Facility to accelerate the loans, and terminate the commitments, thereunder.

	On October 30 and 31, 2013, the Company completed offerings of $2,050 million aggregate principal amount of three series of new senior notes issued by two of GLPI’s wholly owned subsidiaries (the “Issuers”): $550 million of 4.375% Senior Notes due 2018 (the “2018 Notes”); $1,000 million of 4.875% Senior Notes due 2020 (the “2020 Notes”); and $500 million of 5.375% Senior Notes due 2023 (the “2023 Notes,” and collectively with the 2018 Notes and the 2020 Notes, the “Notes”). The 2018 Notes mature on November 1, 2018 and bear interest at a rate of 4.375% per year. The 2020 Notes mature on November 1, 2020 and bear interest at a rate of 4.875% per year. The 2023 Notes mature on November 1, 2023 and bear interest at a rate of 5.375% per year. Interest on the Notes is payable on May 1 and November 1 of each year, beginning on May 1, 2014.

	The Company may redeem the Notes of any series at any time, and from time to time, at a redemption price of 100% of the principal amount of the Notes redeemed, plus a “make-whole” redemption premium described in the indenture governing the Notes, together with accrued and unpaid interest to, but not including, the redemption date, except that if Notes of a series are redeemed 90 or fewer days prior to their maturity, the redemption price will be 100% of the principal amount of the Notes redeemed, together with accrued and unpaid interest to, but not including, the redemption date. If GLPI experiences a change of control accompanied by a decline in the credit rating of the Notes of a particular series, the Company will be required to give holders of the Notes of such series the opportunity to sell their Notes of such series at a price equal to 101% of the principal amount of the Notes of such series, together with accrued and unpaid interest to, but not including, the repurchase date. The Notes also are subject to mandatory redemption requirements imposed by gaming laws and regulations.

	The Notes are guaranteed on a senior unsecured basis by GLPI. The Notes are the Issuers senior unsecured obligations and rank pari passu in right of payment with all of the Issuers senior indebtedness, including the Credit Facility, and senior in right of payment to all of the Issuers subordinated indebtedness, without giving effect to collateral arrangements.

	The Notes contain covenants limiting the Issuers ability to: incur additional debt and use their assets to secure debt; merge or consolidate with another company; and make certain amendments to the Master Lease. The Notes also require the Issuers to maintain a specified ratio of unencumbered assets to unsecured debt. These covenants are subject to a number of important and significant limitations, qualifications and exceptions.

	GLPI used the proceeds of the 2018 Notes and the 2023 Notes, together with borrowings under the Credit Facility, to make distributions directly or indirectly, to Penn in partial exchange for the contribution of real property assets to GLPI in connection with the Spin-Off and to pay related fees and expenses. A portion of the net proceeds from the 2020 Notes was used to repay certain amounts drawn under the revolving portion of the Credit Facility and the remaining net proceeds are intended to be used to fund a distribution by GLPI of accumulated earnings and profits on its real property assets in order to comply with certain REIT qualification requirements. The estimated accumulated earnings and profit distribution will be approximately $1.05 billion of which GLPI expects will consist of at least 20% being paid in cash with the remainder in GLPI common stock. The proceeds of additional revolving loans under the Credit Facility will be used for working capital, to fund permitted dividends, distributions and acquisitions, for general corporate purposes and for any other purpose not prohibited by the documentation governing the Credit Facility.

Summary_of_Significant_Account7

Summary of Significant Accounting Policies (Policies)	8 Months Ended	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2013
		Louisiana Casino Cruises, Inc. and Penn Cecil Maryland, Inc.
		Predecessor
Summary of significant accounting policies	'	'
Cash and Cash Equivalents	'	'
	Cash and Cash Equivalents	Cash and Cash Equivalents

	The Company considers all cash balances and highly liquid investments with original maturities of three months or less to be cash and cash equivalents.	The Company considers all cash balances and highly liquid investments with original maturities of three months or less to be cash and cash equivalents.
Concentration of Credit Risk	'	'
		Concentration of Credit Risk

		Financial instruments that subject the Company to credit risk consist of cash and cash equivalents. At times, the Company has bank deposits that exceed federally insured limits.

		Accounts are written off when management determines that an account is uncollectible. Recoveries of accounts previously written off are recorded when received. An allowance for doubtful accounts is determined to reduce the Company’s receivables to their carrying value, which approximates fair value.

		The allowance is estimated based on historical collection experience, specific review of individual customer accounts, and current economic and business conditions.
Property and Equipment	'	'
		Property and Equipment

		Property and equipment are stated at cost, less accumulated depreciation. Maintenance and repairs that neither add materially to the value of the asset nor appreciably prolong its useful life are charged to expense as incurred. Gains or losses on the disposal of property and equipment are included in the determination of income.

		Depreciation of property and equipment is recorded using the straight-line method over the following estimated useful lives:

		Land improvements	5 to 15 years
		Building and improvements	5 to 40 years
		Furniture, fixtures, and equipment	3 to 31 years

		Leasehold improvements are depreciated over the shorter of the estimated useful life of the improvement or the related lease term.

		The estimated useful lives are determined based on the nature of the assets as well as the Company’s current operating strategy.

		The Company reviews the carrying value of its property and equipment for possible impairment whenever events or changes in circumstances indicate that the carrying value of an asset may not be recoverable based on undiscounted estimated future cash flows expected to result from its use and eventual disposition. The factors considered by the Company in performing this assessment include current operating results, trends and prospects, as well as the effect of obsolescence, demand, competition and other economic factors. In estimating expected future cash flows for determining whether an asset is impaired, assets are grouped at the individual property level. In assessing the recoverability of the carrying value of property and equipment, the Company must make assumptions regarding future cash flows and other factors. If these estimates or the related assumptions change in the future, the Company may be required to record an impairment loss for these assets.
Goodwill and Other Intangible Assets	'	'
		Goodwill and Other Intangible Assets

		At September 30, 2013, the Company had $75.5 million in goodwill and $9.6 million in other intangible assets within its combined balance sheet, resulting from the Company’s acquisition of Hollywood Casino Baton Rouge and payments for Hollywood Casino Perryville’s gaming license.

		Goodwill is tested annually, or more frequently if indicators of impairment exist, for impairment by comparing the fair value of the Hollywood Casino Baton Rouge reporting unit to its carrying amount. If the carrying amount exceeds its fair value in step 1 of the impairment test, then step 2 of the impairment test is performed to determine the implied value of goodwill. If the implied value of goodwill is less than the goodwill allocated, an impairment loss is recognized.

		In accordance with ASC 350, “Intangibles—Goodwill and Other,” the Company considers its Hollywood Casino Perryville gaming license as an indefinite-life intangible asset that does not require amortization based on the Company’s future expectations to operate this casino indefinitely as well as the gaming industry’s historical experience in renewing these intangible assets at minimal cost with various state gaming and racing commissions. Rather, the Company’s gaming license is tested annually, or more frequently if indicators of impairment exist, for impairment by comparing the fair value of the recorded asset to its carrying amount. If the carrying amount of the indefinite-life intangible asset exceeds its fair value, an impairment loss is recognized.
Income Taxes	'	'
		Income Taxes

		The Company accounts for income taxes in accordance with ASC 740, “Income Taxes” (“ASC 740”). Under ASC 740, deferred tax assets and liabilities are determined based on the differences between the financial statement carrying amounts and the tax bases of existing assets and liabilities and are measured at the prevailing enacted tax rates that will be in effect when these differences are settled or realized. ASC 740 also requires that deferred tax assets be reduced by a valuation allowance if it is more likely than not that some portion or all of the deferred tax assets will not be realized.

		The realizability of the deferred tax assets is evaluated by assessing the valuation allowance and by adjusting the amount of the allowance, if any, as necessary. The factors used to assess the likelihood of realization are the forecast of future taxable income.

		ASC 740 also creates a single model to address uncertainty in tax positions, and clarifies the accounting for uncertainty in income taxes recognized in an enterprise’s financial statements by prescribing the minimum recognition threshold a tax position is required to meet before being recognized in an enterprise’s financial statements. It also provides guidance on derecognition, measurement, classification, interest and penalties, accounting in interim periods, disclosure and transition. The Company did not have any uncertain tax positions at September 30, 2013 or December 31, 2012.

		The Company is required under ASC 740 to disclose its accounting policy for classifying interest and penalties, the amount of interest and penalties charged to expense each period, as well as the cumulative amounts recorded in the combined balance sheets. If and when they occur, the Company will classify any income tax-related penalties and interest accrued related to unrecognized tax benefits in taxes on income within the combined statements of operations.
Revenue Recognition and Promotional Allowances	'	'
		Revenue Recognition and Promotional Allowances

		Gaming revenue mainly consists of revenues from video gaming machines as well as to a lesser extent table game and poker revenue. Revenue from video gaming machines is the aggregate net difference between gaming wins and losses, with liabilities recognized for funds deposited by customers before gaming play occurs, for “ticket-in, ticket-out” coupons in the customers’ possession, and for accruals related to the anticipated payout of progressive jackpots. Progressive slot machines, which contain base jackpots that increase at a progressive rate based on the number of coins played, are charged to revenue as the amount of the jackpots increases. Table game gaming revenue is the aggregate of table drop adjusted for the change in aggregate table chip inventory. Table drop is the total dollar amount of the currency, coins, chips, tokens, outstanding counter checks (markers), front money that are removed from the live gaming tables. Additionally, food and beverage revenue is recognized as services are performed.

		The following table discloses the components of gaming revenue within the combined statements of income for the three and nine months ended September 30, 2013 and 2012:

			Three Months Ended September 30,				Nine Months Ended September 30,
			2013		2012		2013		2012
			(in thousands)
		Video gaming machines	$	32,859	$	40,791	$	107,946	$	155,635
		Table game, net of cash incentives	4,485		3,100		13,457		9,843
		Poker	785		220		2,105		874
		Total gaming revenue	$	38,129	$	44,111	$	123,508	$	166,352

		Revenues are recognized net of certain sales incentives in accordance with ASC 605-50, “Revenue Recognition—Customer Payments and Incentives.” The Company records certain sales incentives and points earned in point-loyalty programs as a reduction of revenue.

		The retail value of food and beverage and other services furnished to guests without charge is included in gross revenues and then deducted as promotional allowances. The amounts included in promotional allowances for the three and nine months ended September 30, 2013 and 2012 are as follows:

			Three Months Ended September 30,				Nine Months Ended September 30,
			2013		2012		2013		2012
			(in thousands)
		Food and beverage	$	1,468	$	1,574	$	4,573	$	5,396
		Other	12		178		154		580
		Total promotional allowances	$	1,480	$	1,752	$	4,727	$	5,976

		The estimated cost of providing such complimentary services, which is primarily included in food, beverage, and other expense, for the three and nine months ended September 30, 2013 and 2012 are as follows:

			Three Months Ended September 30,				Nine Months Ended September 30,
			2013		2012		2013		2012
			(in thousands)
		Food and beverage	$	748	$	805	$	2,207	$	2,580
		Other	6		93		81		292
		Total cost of complimentary services	$	754	$	898	$	2,288	$	2,872

Gaming Taxes	'	'
		Gaming Taxes

		The Company is subject to gaming taxes based on gross gaming revenues in the jurisdictions in which it operates. The Company primarily recognizes gaming tax expense based on the statutorily required percentage of revenue that is required to be paid to state and local jurisdictions in the states were or in which wagering occurs. At Hollywood Casino Baton Rouge, the gaming tax is based on graduated tax rates. The Company records gaming taxes at the Company’s estimated effective gaming tax rate for the year, considering estimated taxable gaming revenue and the applicable rates. Such estimates are adjusted each interim period. If gaming tax rates change during the year, such changes are applied prospectively in the determination of gaming tax expense in future interim periods. For the three and nine months ended September 30, 2013, these expenses, which are primarily recorded within gaming expense in the combined statements of income, totaled $17.3 million and $55.6 million, respectively, as compared to $19.9 million and $78.1 million for the three and nine months ended September 30, 2012, respectively.
Certain Risks and Uncertainties	'	'
		Certain Risks and Uncertainties

		The Company’s operations are dependent on its continued licensing by state gaming commissions. The loss of a license, in any jurisdiction in which the Company operates, could have a material adverse effect on future results of operations.

		The Company is dependent on the local market in which its casinos operate for a significant number of its patrons and revenues. If economic conditions in this area deteriorate or additional gaming licenses are awarded in these markets, the Company’s results of operations could be adversely affected.

		The Company is dependent on the economy of the U.S. in general, and any deterioration in the national economic, energy, credit and capital markets could have a material adverse effect on future results of operations.

		The Company is dependent upon a stable gaming tax structure in the locations in which it operates. Any change in the tax structure could have a material adverse effect on future results of operations.

Summary_of_Significant_Account8

Summary of Significant Accounting Policies (Tables) (Louisiana Casino Cruises, Inc. and Penn Cecil Maryland, Inc., Predecessor)	9 Months Ended
	Sep. 30, 2013
Louisiana Casino Cruises, Inc. and Penn Cecil Maryland, Inc. \| Predecessor	'
Summary of significant accounting policies	'
Schedule of the estimated useful lives of property and equipment	'
	Land improvements	5 to 15 years
	Building and improvements	5 to 40 years
	Furniture, fixtures, and equipment	3 to 31 years
Schedule of the components of gaming revenue	'
		Three Months Ended September 30,				Nine Months Ended September 30,
		2013		2012		2013		2012
		(in thousands)
	Video gaming machines	$	32,859	$	40,791	$	107,946	$	155,635
	Table game, net of cash incentives	4,485		3,100		13,457		9,843
	Poker	785		220		2,105		874
	Total gaming revenue	$	38,129	$	44,111	$	123,508	$	166,352
Schedule of amounts included in promotional allowances	'


		Three Months Ended September 30,				Nine Months Ended September 30,
		2013		2012		2013		2012
		(in thousands)
	Food and beverage	$	1,468	$	1,574	$	4,573	$	5,396
	Other	12		178		154		580
	Total promotional allowances	$	1,480	$	1,752	$	4,727	$	5,976

Schedule of the estimated cost of providing complimentary services	'
		Three Months Ended September 30,				Nine Months Ended September 30,
		2013		2012		2013		2012
		(in thousands)
	Food and beverage	$	748	$	805	$	2,207	$	2,580
	Other	6		93		81		292
	Total cost of complimentary services	$	754	$	898	$	2,288	$	2,872

Property_and_Equipment_Tables

Property and Equipment (Tables) (Louisiana Casino Cruises, Inc. and Penn Cecil Maryland, Inc., Predecessor)	9 Months Ended
	Sep. 30, 2013
Louisiana Casino Cruises, Inc. and Penn Cecil Maryland, Inc. \| Predecessor	'
Property and equipment	'
Schedule of property and equipment, net	'
		September 30,			December 31,
		2013			2012
		(in thousands)

	Land and improvements	$	28,156		$	28,193
	Building and improvements	109,822			109,248
	Furniture, fixtures, and equipment	77,022			76,088
	Construction in progress	470			87
	Total property and equipment	215,470			213,616
	Less accumulated depreciation	(104,285		)	(94,662		)
	Property and equipment, net	$	111,185		$	118,954

Income_Taxes_Tables

Income Taxes (Tables) (Louisiana Casino Cruises, Inc. and Penn Cecil Maryland, Inc., Predecessor)	9 Months Ended
	Sep. 30, 2013
Louisiana Casino Cruises, Inc. and Penn Cecil Maryland, Inc. \| Predecessor	'
Income taxes	'
Schedule of components of the Company's deferred tax assets and liabilities	'
		September 30,			December 31,
		2013			2012
		(in thousands)
	Deferred tax assets:
	Accrued expenses	$	13,526		$	14,401
	Net deferred tax assets	13,526			14,401

	Deferred tax liabilities:
	Property, plant and equipment	(15,772		)	(19,383		)
	Intangibles	(761		)	(576		)
	Net deferred tax liabilities	(16,533		)	(19,959		)
	Net	$	(3,007	)	$	(5,558	)

	Reflected on combined balance sheets:
	Current deferred tax assets, net	$	1,985		$	2,070
	Noncurrent deferred tax liabilities, net	(4,992		)	(7,628		)
	Net deferred taxes	$	(3,007	)	$	(5,558	)
Schedule of the provision for income taxes charged to operations	'
		Three months ended September 30,						Nine months ended September 30,
		2013			2012			2013			2012
		(in thousands)
	Current tax expense (benefit)
	Federal	$	3,162		$	1,423		$	8,011		$	10,351
	State	811			(239		)	1,662			1,985
	Total current	3,973			1,184			9,673			12,336

	Deferred tax (benefit) expense
	Federal	(1,743		)	949			(2,376		)	770
	State	(435		)	117			(175		)	26
	Total deferred	(2,178		)	1,066			(2,551		)	796
	Total provision	$	1,795		$	2,250		$	7,122		$	13,132
Schedule of reconciliation of the statutory federal income tax rate to the actual effective income tax rate	'
		Three months ended September 30,				Nine months ended September 30,
		2013		2012		2013		2012
	Percent of pretax income
	Federal taxes	35	%	35	%	35	%	35	%
	State and local income taxes	6	%	-5.2	%	5.6	%	3.1	%
	Permanent differences	0.5	%	-0.1	%	0.2	%	0	%
	Other miscellaneous items	-1.4	%	3.5	%	-0.6	%	0.6	%
		40.1	%	33.2	%	40.2	%	38.7	%

		Three months ended September 30,						Nine months ended September 30,
		2013			2012			2013			2012
		(in thousands)
	Amount based upon pretax income
	Federal taxes	$	1,566		$	2,372		$	6,200		$	11,881
	State and local income taxes	270			(355		)	992			1,031
	Permanent differences	22			(7		)	31			9
	Other miscellaneous items	(63		)	240			(101		)	211
		$	1,795		$	2,250		$	7,122		$	13,132

Business_and_Basis_of_Presenta3

Business and Basis of Presentation (Details) (Predecessor)	9 Months Ended
	Sep. 30, 2013
	item
Louisiana Casino Cruises, Inc. and Penn Cecil Maryland, Inc.	'
Business and basis of presentation	'
Number of publicly traded companies	2
Hollywood Casino Baton Rouge	'
Business and basis of presentation	'
Area of property space (in square feet)	121,000
Number of gaming machines	940
Number of table games	18
Hollywood Casino Perryville	'
Business and basis of presentation	'
Area of property space (in square feet)	98,000
Number of slot machines	1,158
Number of table games	12

Summary_of_Significant_Account9

Summary of Significant Accounting Policies (Details) (Louisiana Casino Cruises, Inc. and Penn Cecil Maryland, Inc., Predecessor, USD $)	Sep. 30, 2013	Dec. 31, 2012	Sep. 30, 2013	Sep. 30, 2013	Sep. 30, 2013	Sep. 30, 2013	Sep. 30, 2013	Sep. 30, 2013
In Thousands, unless otherwise specified			Land improvements	Land improvements	Building and improvements	Building and improvements	Furniture, fixtures, and equipment	Furniture, fixtures, and equipment
			Minimum	Maximum	Minimum	Maximum	Minimum	Maximum
Property and Equipment	'	'	'	'	'	'	'	'
Useful lives	'	'	'5 years	'15 years	'5 years	'40 years	'3 years	'31 years
Goodwill and Other Intangible Assets	'	'	'	'	'	'	'	'
Goodwill	$75,521	$75,521	'	'	'	'	'	'
Other intangible assets	$9,577	$9,577	'	'	'	'	'	'

Recovered_Sheet1

Summary of Significant Accounting Policies (Details 2) (Louisiana Casino Cruises, Inc. and Penn Cecil Maryland, Inc., Predecessor, USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Summary of significant accounting policies	'	'	'	'
Gaming revenue	$38,129,000	$44,111,000	$123,508,000	$166,352,000
Promotional allowances	1,480,000	1,752,000	4,727,000	5,976,000
Cost of complimentary services	754,000	898,000	2,288,000	2,872,000
Gaming Taxes	'	'	'	'
Gaming expense	17,300,000	19,900,000	55,600,000	78,100,000
Video gaming machines	'	'	'	'
Summary of significant accounting policies	'	'	'	'
Gaming revenue	32,859,000	40,791,000	107,946,000	155,635,000
Table game, net of cash incentives	'	'	'	'
Summary of significant accounting policies	'	'	'	'
Gaming revenue	4,485,000	3,100,000	13,457,000	9,843,000
Poker	'	'	'	'
Summary of significant accounting policies	'	'	'	'
Gaming revenue	785,000	220,000	2,105,000	874,000
Food and beverage	'	'	'	'
Summary of significant accounting policies	'	'	'	'
Promotional allowances	1,468,000	1,574,000	4,573,000	5,396,000
Cost of complimentary services	748,000	805,000	2,207,000	2,580,000
Other	'	'	'	'
Summary of significant accounting policies	'	'	'	'
Promotional allowances	12,000	178,000	154,000	580,000
Cost of complimentary services	$6,000	$93,000	$81,000	$292,000

Property_and_Equipment_Details

Property and Equipment (Details) (Louisiana Casino Cruises, Inc. and Penn Cecil Maryland, Inc., Predecessor, USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012
Property and equipment	'	'	'	'	'
Total property and equipment	$215,470	'	$215,470	'	$213,616
Less accumulated depreciation	-104,285	'	-104,285	'	-94,662
Property and equipment, net	111,185	'	111,185	'	118,954
Depreciation expense	3,611	3,566	10,826	10,639	'
Land and improvements	'	'	'	'	'
Property and equipment	'	'	'	'	'
Total property and equipment	28,156	'	28,156	'	28,193
Building and improvements	'	'	'	'	'
Property and equipment	'	'	'	'	'
Total property and equipment	109,822	'	109,822	'	109,248
Furniture, fixtures, and equipment	'	'	'	'	'
Property and equipment	'	'	'	'	'
Total property and equipment	77,022	'	77,022	'	76,088
Construction in progress	'	'	'	'	'
Property and equipment	'	'	'	'	'
Total property and equipment	$470	'	$470	'	$87

Commitments_and_Contingencies_2

Commitments and Contingencies (Details) (Louisiana Casino Cruises, Inc. and Penn Cecil Maryland, Inc., Predecessor, USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Louisiana Casino Cruises, Inc. and Penn Cecil Maryland, Inc. \| Predecessor	'	'	'	'
Operating Leases	'	'	'	'
Total rental expense under agreements	$0.30	$0.40	$1	$1.30

Income_Taxes_Details

Income Taxes (Details) (Louisiana Casino Cruises, Inc. and Penn Cecil Maryland, Inc., Predecessor, USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012
Louisiana Casino Cruises, Inc. and Penn Cecil Maryland, Inc. \| Predecessor	'	'	'	'	'
Deferred tax assets:	'	'	'	'	'
Accrued expenses	$13,526	'	$13,526	'	$14,401
Net deferred tax assets	13,526	'	13,526	'	14,401
Deferred tax liabilities:	'	'	'	'	'
Property, plant and equipment	-15,772	'	-15,772	'	-19,383
Intangibles	-761	'	-761	'	-576
Net deferred tax liabilities	-16,533	'	-16,533	'	-19,959
Net	-3,007	'	-3,007	'	-5,558
Reflected on consolidated balance sheets:	'	'	'	'	'
Current deferred tax assets, net	1,985	'	1,985	'	2,070
Non current deferred tax liabilities, net	-4,992	'	-4,992	'	-7,628
Net	-3,007	'	-3,007	'	-5,558
Current tax expense (benefit)	'	'	'	'	'
Federal	3,162	1,423	8,011	10,351	'
State	811	-239	1,662	1,985	'
Total current	3,973	1,184	9,673	12,336	'
Deferred tax (benefit) expense	'	'	'	'	'
Federal	-1,743	949	-2,376	770	'
State	-435	117	-175	26	'
Total deferred	-2,178	1,066	-2,551	796	'
Total provision	1,795	2,250	7,122	13,132	'
Percent on pretax income	'	'	'	'	'
Federal taxes (as a percent)	35.00%	35.00%	35.00%	35.00%	'
State and local income taxes (as a percent)	6.00%	-5.20%	5.60%	3.10%	'
Permanent differences (as a percent)	0.50%	-0.10%	0.20%	0.00%	'
Other miscellaneous items (as a percent)	-1.40%	3.50%	-0.60%	0.60%	'
Actual effective income tax rate (as a percent)	40.10%	33.20%	40.20%	38.70%	'
Amount based upon pre-tax income	'	'	'	'	'
Federal taxes	1,566	2,372	6,200	11,881	'
State and local income taxes	270	-355	992	1,031	'
Permanent differences	22	-7	31	9	'
Other miscellaneous items	-63	240	-101	211	'
Total provision	$1,795	$2,250	$7,122	$13,132	'

Related_Party_Transactions_Det

Related Party Transactions (Details) (Louisiana Casino Cruises, Inc. and Penn Cecil Maryland, Inc., Predecessor, USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012	Dec. 31, 2012
Related party transactions	'	'	'	'	'
Cumulative net advances	$46,926,000	'	$46,926,000	'	$43,318,000
Penn	'	'	'	'	'
Related party transactions	'	'	'	'	'
Cumulative net advances	46,900,000	'	46,900,000	'	43,300,000
Estimated share of costs	600,000	600,000	2,000,000	1,900,000	'
Management fee as a percentage of net revenues	'	'	3.00%	'	'
Management fees incurred and paid	$1,200,000	$1,400,000	$3,900,000	$5,200,000	'

Supplemental_Disclosures_of_Ca1

Supplemental Disclosures of Cash Flow Information (Details) (Louisiana Casino Cruises, Inc. and Penn Cecil Maryland, Inc., Predecessor, USD $)	3 Months Ended		9 Months Ended
In Millions, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
State taxing authorities	'	'	'	'
Supplemental disclosures of cash flow information	'	'	'	'
Income taxes paid	$0.70	$0.70	$1.40	$2.50
Penn \| Federal	'	'	'	'
Supplemental disclosures of cash flow information	'	'	'	'
Income taxes paid	$0.80	$3.30	$7.50	$9.90