Gaming and Leisure Properties (GLPI) 10-K 27 Feb 15 2014 FY Annual report Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
In Billions, except Share data, unless otherwise specified	Dec. 31, 2014	Feb. 20, 2015	Jun. 30, 2014
Document and Entity Information
Entity Registrant Name	Gaming & Leisure Properties, Inc.
Entity Central Index Key	1575965
Document Type	10-K
Document Period End Date	31-Dec-14
Amendment Flag	FALSE
Current Fiscal Year End Date	-19
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Public Float			$3.40
Entity Common Stock, Shares Outstanding		113,662,355
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	FY

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Assets
Real estate investments, net	$2,180,124	$2,010,303
Property and equipment, used in operations, net	134,028	139,121
Cash and cash equivalents	35,973	285,221
Prepaid expenses	7,900	5,983
Deferred tax assets, current	2,015	2,228
Other current assets	45,254	17,367
Goodwill	75,521	75,521
Other intangible assets	9,577	9,577
Debt issuance costs, net of accumulated amortization of $9,327 and $1,270 at December 31, 2014 and 2013, respectively	39,126	46,877
Loan receivable	34,000	0
Deferred tax assets, non-current	679	0
Other assets	383	17,041
Total assets	2,564,580	2,609,239
Liabilities
Accounts payable	4,409	21,397
Accrued expenses	5,339	13,783
Accrued interest	17,528	18,055
Accrued salaries and wages	12,581	10,337
Gaming, property, and other taxes	22,741	18,789
Income taxes	0	17,256
Current maturities of long-term debt	81	0
Other current liabilities	15,788	12,911
Long-term debt, net of current maturities	2,609,406	2,350,000
Deferred tax liabilities, non-current	1,443	4,282
Total liabilities	2,689,316	2,466,810
Commitments and Contingencies (Note 9)
Shareholders’ (deficit) equity
Common stock ($.01 par value, 550,000,000 shares authorized, 112,981,088 and 88,659,448 shares issued at December 31, 2014 and 2013, respectively)	1,130	887
Additional paid-in capital	888,860	3,651
Retained (deficit) earnings	-1,014,726	137,891
Total shareholders’ (deficit) equity	-124,736	142,429
Total liabilities and shareholders’ (deficit) equity	$2,564,580	$2,609,239

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets (Parenthetical) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, except Share data, unless otherwise specified
Statement of Financial Position [Abstract]
Debt issuance costs, accumulated amortization (in dollars)	$9,327	$1,270
Common stock, par value (in dollars per share)	$0.01	$0.01
Common stock, shares authorized	550,000,000	550,000,000
Common stock, shares issued	112,981,088	88,659,448

Consolidated_Statements_of_Inc

Consolidated Statements of Income (USD $)	3 Months Ended									12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013		Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Revenues
Rental										$431,280	$68,955	$0
Real estate taxes paid by tenants										50,534	7,602	0
Total rental revenue										481,814	76,557	0
Gaming										148,283	159,352	202,581
Food, beverage and other										11,621	12,357	15,635
Total revenues										641,718	248,266	218,216
Less promotional allowances										-5,773	-6,137	-7,573
Net revenues	159,036	157,795	160,786	158,328	113,776	[1]	39,633	46,072	42,648	635,945	242,129	210,643
Operating expenses
Gaming										82,995	89,367	113,111
Food, beverage and other										9,734	10,775	13,114
Real estate taxes										52,154	9,220	1,592
General and administrative										80,836	43,262	25,068
Depreciation										106,843	28,923	14,090
Total operating expenses										332,562	181,547	166,975
Income from operations	74,053	77,622	77,374	74,334	39,016	[2]	5,665	9,090	6,811	303,383	60,582	43,668
Other income (expenses)
Interest expense										-117,030	-19,254	0
Interest income										2,444	1	2
Management fees										0	-4,203	-6,320
Total other expenses										-114,586	-23,456	-6,318
Income before income taxes										188,797	37,126	37,350
Income tax expense										3,413	17,296	14,431
Net income	$44,158	$49,902	$47,012	$44,312	$9,234	[2]	$2,681	$4,699	$3,216	$185,384	$19,830	$22,919
Earnings per common share:
Basic earnings per common share (in dollars per share)	$0.39	$0.44	$0.42	$0.40	$0.08		$0.02	$0.04	$0.04	$1.65	$0.18	$0.21
Diluted earnings per common share (in dollars per share)	$0.38	$0.42	$0.40	$0.38	$0.08		$0.02	$0.04	$0.03	$1.58	$0.17	$0.20
[1]	During the fourth quarter of 2013, the Company recognized rental revenue related to the Master Lease, which became effective at Spin-Off (November 1, 2013), of $76.6 million.
[2]	The Company's fiscal year 2013 fourth quarter results include transaction costs of $13.5 million associated with the Spin-Off and depreciation expense of $14.8 million related to the real property assets transferred to GLPI as part of the Spin-Off. Also during the fourth quarter of 2013, the Company entered into a new five year senior unsecured credit facility and completed offerings of $2,050.0 million aggregate principal of new senior unsecured notes in October 2013. The Company incurred interest expense of $19.3 million related to its new borrowings during the fourth quarter of 2013.

Consolidated_Statements_of_Cha

Consolidated Statements of Changes in Shareholders' Equity (Deficit) (USD $)	Total	Common Stock	Additional Paid-In Capital	Retained Earnings (Deficit)
In Thousands, except Share data, unless otherwise specified
Balance at Dec. 31, 2011	$219,911	$0	$77,856	$142,055
Balance (in shares) at Dec. 31, 2011		0
Increase (Decrease) in Shareholders' Equity
Adjustments to APIC, Other	-6,500		-6,500
Net income	22,919			22,919
Cash distribution to Penn National Gaming, Inc. in connection with Spin-Off	0
Balance at Dec. 31, 2012	236,330	0	71,356	164,974
Balance (in shares) at Dec. 31, 2012		0
Increase (Decrease) in Shareholders' Equity
Adjustments to APIC, Other	-50,300		-3,387	-46,913
Net income	19,830			19,830
Real estate assets and liabilities contributed to GLPI from Penn National Gaming, Inc.	2,023,573	886	2,022,687
Real estate assets and liabilities contributed to GLPI from Penn National Gaming, Inc. (in shares)		88,601,637
Cash distribution to Penn National Gaming, Inc. in connection with Spin-Off	-2,090,000		-2,090,000
Stock option activity	2,622	1	2,621
Stock option activity (in shares)		57,811
Restricted stock activity	374		374
Balance at Dec. 31, 2013	142,429	887	3,651	137,891
Balance (in shares) at Dec. 31, 2013	88,659,448	88,659,448
Increase (Decrease) in Shareholders' Equity
Adjustments to APIC, Other	-635		-635
Net income	185,384			185,384
Cash distribution to Penn National Gaming, Inc. in connection with Spin-Off	0
Stock option activity	38,669	21	38,648
Stock option activity (in shares)		2,184,980
Restricted stock activity	3,521	2	3,519
Restricted stock activity (in shares)		156,839
Dividends paid, including the Purging Distribution ($14.32 per common share)	-494,104	220	843,677	-1,338,001
Dividends paid, including the Purging Distribution ($14.32 per common share) (in shares)		21,979,821
Balance at Dec. 31, 2014	($124,736)	$1,130	$888,860	($1,014,726)
Balance (in shares) at Dec. 31, 2014	112,981,088	112,981,088

Consolidated_Statements_of_Cha1

Consolidated Statements of Changes in Shareholders' Equity (Deficit) (Parenthetical) (USD $)	12 Months Ended
	Dec. 31, 2014
Statement of Stockholders' Equity [Abstract]
Common stock, dividends including purge distribution, per share, cash paid	$14.32

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Operating activities
Net income	$185,384	$19,830	$22,919
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	106,843	28,923	14,090
Amortization of debt issuance costs	8,057	1,270	0
Losses (gains) on dispositions of property	10	-39	-142
Deferred income taxes	-3,305	-5,646	-88
Stock-based compensation	12,258	1,566	0
(Increase) decrease,
Prepaid expenses and other current assets	-10,601	-885	1,513
Other assets	-1,660	-662	0
Increase (decrease),
Accounts payable	-1,650	2,638	-260
Accrued expenses	-8,444	7,996	-456
Accrued interest	-527	17,216	0
Accrued salaries and wages	2,244	2,131	-394
Gaming, pari-mutuel, property and other taxes	527	-7	-250
Income taxes	-18,754	5,718	-10,162
Other current and noncurrent liabilities	2,877	583	-26
Net cash provided by operating activities	273,259	80,632	26,744
Investing activities
Capital project expenditures, net of reimbursements	-139,231	-12,198	-1,930
Capital maintenance expenditures	-3,538	-4,230	-3,260
Proceeds from sale of property and equipment	180	153	380
Funding of loan receivable	-43,000	0	0
Principal payments on loan receivable	9,000	0	0
Acquisition of real estate	-140,730	0	0
Net cash used in investing activities	-317,319	-16,275	-4,810
Financing activities
Net advances to Penn National Gaming, Inc.	0	-6,982	-24,518
Cash distribution to Penn National Gaming, Inc. in connection with Spin-Off	0	-2,090,000	0
Dividends paid, including the Purging Distribution	-494,104	0	0
Proceeds from exercise of options	29,931	1,431	0
Proceeds from issuance of long-term debt	291,950	2,350,000	0
Financing costs	-306	-48,147	0
Payments of long-term debt	-32,024	0	0
Distribution in connection with 2013 Pre-Spin tax matter agreement	-635	0	0
Net cash (used in) provided by financing activities	-205,188	206,302	-24,518
Net (decrease) increase in cash and cash equivalents	-249,248	270,659	-2,584
Cash and cash equivalents at beginning of period	285,221	14,562	17,146
Cash and cash equivalents at end of period	$35,973	$285,221	$14,562

Business_and_Basis_of_Presenta

Business and Basis of Presentation	12 Months Ended
	Dec. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Business and Basis of Presentation	Business and Basis of Presentation
	Gaming and Leisure Properties, Inc. ("GLPI") is a self-administered and self-managed Pennsylvania real estate investment trust ("REIT"). GLPI (together with its subsidiaries, the "Company") was incorporated on February 13, 2013, as a wholly-owned subsidiary of Penn National Gaming, Inc. ("Penn"). On November 1, 2013, Penn contributed to GLPI, through a series of internal corporate restructurings, substantially all of the assets and liabilities associated with Penn’s real property interests and real estate development business, as well as the assets and liabilities of Hollywood Casino Baton Rouge and Hollywood Casino Perryville, which are referred to as the "TRS Properties," and then spun-off GLPI to holders of Penn's common and preferred stock in a tax-free distribution (the "Spin-Off"). The Company intends to elect on its United States ("U.S.") federal income tax return for its taxable year beginning on January 1, 2014 to be treated as a REIT and the Company, together with an indirectly wholly-owned subsidiary of the Company, GLP Holdings, Inc., intend to jointly elect to treat each of GLP Holdings, Inc., Louisiana Casino Cruises, Inc. and Penn Cecil Maryland, Inc. as a "taxable REIT subsidiary" (a "TRS") effective on the first day of the first taxable year of GLPI as a REIT. As a result of the Spin-Off, GLPI owns substantially all of Penn’s former real property assets and leases back most of those assets to Penn for use by its subsidiaries, under a master lease, a "triple-net" operating lease with an initial term of 15 years with no purchase option, followed by four 5 year renewal options (exercisable by Penn) on the same terms and conditions (the "Master Lease"), and GLPI also owns and operates the TRS Properties through an indirect wholly-owned subsidiary, GLP Holdings, Inc.
	Prior to the Spin-Off, GLPI and Penn entered into a Separation and Distribution Agreement setting forth the mechanics of the Spin-Off, certain organizational matters and other ongoing obligations of Penn and GLPI. Penn and GLPI or their respective subsidiaries, as applicable, also entered into a number of other agreements prior to the Spin-Off to provide a framework for the restructuring and for the relationships between GLPI and Penn after the Spin-Off.
	GLPI’s primary business consists of acquiring, financing, and owning real estate property to be leased to gaming operators in "triple net" lease arrangements. As of December 31, 2014, GLPI’s portfolio consisted of 21 gaming and related facilities, which included the TRS Properties, the real property associated with 18 gaming and related facilities operated by Penn and the real property associated with the Casino Queen in East St. Louis, Illinois.  These facilities are geographically diversified across 12 states and contain approximately 7.0 million of rentable square feet. As of December 31, 2014, the Company's properties were 100% occupied. GLPI expects to grow its portfolio by pursuing opportunities to acquire additional gaming facilities to lease to gaming operators under prudent terms, which may or may not include Penn.
	In connection with the Spin-Off, Penn allocated its accumulated earnings and profits (as determined for U.S. federal income tax purposes) for periods prior to the consummation of the Spin-Off between Penn and GLPI. In connection with its election to be taxed as a REIT for U.S. federal income tax purposes, GLPI declared a special dividend to its shareholders to distribute any accumulated earnings and profits relating to the real property assets and attributable to any pre-REIT years, including any earnings and profits allocated to GLPI in connection with the Spin-Off, to comply with certain REIT qualification requirements (the "Purging Distribution"). The Purging Distribution, which was paid on February 18, 2014, totaled approximately $1.05 billion and was comprised of cash and GLPI common stock. Additionally, on December 19, 2014, the Company made a one-time distribution of $37.0 million to shareholders in order to confirm the Company appropriately allocated its historical earnings and profits relative to the separation from Penn, in response to the Pre-Filing Agreement requested from the IRS. See Note 11 for further details on the Purging Distribution and the distribution related to the Pre-Filing Agreement.
	The assets and liabilities of GLPI 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 ("FASB") Accounting Standards Codification ("ASC") 505-60, "Spinoffs and Reverse Spinoffs." The assets and liabilities contributed to GLPI from Penn were as follows (in thousands):
	Prepaid expenses	$	2,766
	Current deferred income tax assets	4,358
	Property and equipment, net	2,024,572
	Other assets	16,245
	Accrued expenses	(5,656		)
	Other current liabilities	(12,219		)
	Deferred income tax liabilities	(6,493		)
	Net contribution	$	2,023,573
	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 may differ from those estimates.

Principles_of_Consolidation

Principles of Consolidation	12 Months Ended
	Dec. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Principles of Consolidation	Principles of Consolidation
	The consolidated financial statements include the accounts of GLPI and its subsidiaries. All significant intercompany accounts and transactions have been eliminated in consolidation.
	When reviewing the Company's financial results it should be noted that financial results for the Company's 2014 fiscal year reflect a full year of operations for both operating segments, whereas financial results for the Company's 2013 fiscal year reflect a full year of operations for the businesses in the TRS and a partial year from November 1, 2013 to December 31, 2013 for the real estate entity. Financial results for the Company's 2012 fiscal year reflect only the operations of the Company's TRS.

New_Accounting_Pronouncements

New Accounting Pronouncements	12 Months Ended
	Dec. 31, 2014
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
New Accounting Pronouncements	New Accounting Pronouncements
	In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2014-09, Revenue from Contracts with Customers (Topic 606) ("ASU 2014-09"). This new standard will replace all current U.S. GAAP guidance on this topic and eliminate all industry-specific guidance. ASU 2014-09 provides a unified model to determine when and how revenue is recognized. The core principle is that a company should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration for which the entity expects to be entitled in exchange for those goods or services. This guidance will be effective for annual reporting periods beginning after December 15, 2016 and can be applied either retrospectively to each period presented or as a cumulative-effect adjustment as of the date of adoption. The Company is evaluating the impact of adopting this new accounting standard on its financial statements and internal revenue recognition policies.
	In April 2014, the FASB issued ASU 2014-08, Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360): Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity ("ASU 2014 -08"). This new standard raises the threshold for a disposal to qualify as a discontinued operation and requires new disclosures for both discontinued operations and certain other disposals that do not meet the definition of a discontinued operation. Under the new guidance, only disposals representing a strategic shift that will have a major effect on operations and financial results should be presented as discontinued operations.  ASU 2014 -08 is effective for fiscal years beginning on or after December 15, 2014. Early adoption is permitted but only for disposals that have not been reported in previously issued financial statements. The impact of the adoption of ASU 2014-08 on the Company’s results of operations, financial position, cash flows and disclosures will be based on the Company’s future disposal activity.

Summary_of_Significant_Account

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2014
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies
	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
	Concentrations of credit risk 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. As of December 31, 2014, substantially all of the Company's real estate properties were leased to Penn and approximately 97% of the Company's rental revenues were derived from the Master Lease. Revenues from Penn are reported in the Company's GLP Capital, L.P. reportable segment. 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 Securities and Exchange Commission. Penn's net revenues were $2.6 billion for the year ended December 31, 2014 and $2.9 billion for each of the years ended December 31, 2013 and 2012. Other than the Company's tenant concentration, management believes the Company's portfolio was reasonably diversified by geographical location and did not contain any other significant concentrations of credit risk. As of December 31, 2014, the Company's portfolio of 19 leased properties and the TRS properties was diversified by location across 12 states.
	Financial instruments that subject the Company to credit risk consist of cash and cash equivalents, accounts receivable and loans receivable.
	The Company's policy is to limit the amount of credit exposure to any one financial institution and place investments with financial institutions evaluated as being creditworthy, or in short-term money market and tax-free bond funds which are exposed to minimal interest rate and credit risk. At times, the Company has bank deposits and overnight repurchase agreements that exceed federally-insured limits.
	Prepaid Expenses and Other Assets
	Prepaid expenses consist of expenditures for goods (other than inventories) or services before the goods are used or the services are received. These amounts are deferred and charged to operations as the benefits are realized and primarily consist of prepayments for insurance and other contracts that will be expensed during the subsequent year. It also includes property taxes that were paid in advance. Other current assets are items expected to be realized within twelve months of the balance sheet date and primarily consists of accounts receivable, deposits, food and beverage inventory and deferred compensation plan assets (See Note 9 for further details). Other assets are all items that are long-term in nature.
	Fair Value of Financial Instruments
	The following methods and assumptions are used to estimate the fair value of each class of financial instruments for which it is practicable to estimate:
	Cash and Cash Equivalents
	The fair value of the Company’s cash and cash equivalents approximates the carrying value of the Company’s cash and cash equivalents, due to the short maturity of the cash equivalents.
	Deferred Compensation Plan Assets and Corresponding Liabilities
	The Company's deferred compensation plan assets consist of open-ended mutual funds and as such the fair value measurement of the assets is considered a Level 1 measurement as defined under Accounting Standards Code ("ASC") 820 "Fair Value Measurements and Disclosures." Deferred compensation plan assets are included within other current assets on the consolidated balance sheets. Deferred compensation liabilities approximate the plan's assets and are included with current liabilities on the consolidated balance sheets. The difference between the Company's deferred compensation plan assets and liabilities at both December 31, 2014 and 2013 is related to timing differences between the funding of assets held at the plan trustee and the actual contributions from eligible employees' compensation.
	Loan Receivable
	The fair value of the loan receivable approximates the carrying value of the Company's loan receivable, as collection on the outstanding loan balance is reasonably assured.
	Long-term Debt
	The fair value of the senior unsecured notes and senior unsecured credit facility is estimated based on quoted prices in active markets and as such is a Level 1 measurement.
	The estimated fair values of the Company’s financial instruments are as follows (in thousands):
		31-Dec-14							31-Dec-13
		Carrying				Fair			Carrying			Fair
		Amount				Value			Amount			Value
	Financial assets:
	Cash and cash equivalents	$	35,973			$	35,973		$	285,221		$	285,221
	Deferred compensation plan assets	14,280				14,280			12,685			12,685
	Loan receivable	34,000				34,000			—			—
	Financial liabilities:
	Deferred compensation plan liabilities	14,369				14,369			12,783			12,783
	Long-term debt:
	Senior unsecured credit facility	558,000				535,010			300,000			294,750
	Senior unsecured notes	2,050,000				2,091,000			2,050,000			2,058,750
	Real Estate Investments
	The Company records the acquisition of real estate assets at cost, including acquisition and closing costs. The cost of properties developed by the Company include costs of construction, property taxes, interest and other miscellaneous costs incurred during the development period until the project is substantially complete and available for occupancy. The Company considers the period of future benefit of the asset to determine the appropriate useful lives. Depreciation is computed using a straight-line method over the estimated useful lives of the buildings and building improvements which are generally between 10 to 31 years. Additionally, the amortization of real estate assets subject to capital leases is included within the depreciation line item of the Company's consolidated statements of earnings.
	The Company continually monitors events and circumstances that could indicate that the carrying amount of its real estate investments may not be recoverable or realized. When indicators of potential impairment suggest that the carrying value of a real estate investment may not be recoverable, the Company estimates the fair value of the investment by calculating the undiscounted future cash flows from the use and eventual disposition of the investment. This amount is compared to the asset's carrying value. If the Company determines the carrying amount is not recoverable, it would recognize an impairment charge equivalent to the amount required to reduce the carrying value of the asset to its estimated fair value, calculated in accordance with GAAP fair value provisions. The Company groups its real estate investments by tenant in evaluating impairment. In assessing the recoverability of the carrying value, the Company must make assumptions regarding future cash flows and other factors. The factors considered by the Company in performing this assessment include current operating results, market and other applicable trends and residual values, as well as the effect of obsolescence, demand, competition and other factors. If these estimates or the related assumptions change in the future, the Company may be required to record an impairment loss.
	Property and Equipment Used in Operations
	Property and equipment are stated at cost, less accumulated depreciation and represent assets used by the Company's TRS operations and certain corporate assets. 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		15 years
	Building and improvements		5 to 31 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 upon the estimated undiscounted future cash flows expected to result from its use and eventual disposition. If the Company determines the carrying amount is not recoverable, it would recognize an impairment charge equivalent to the amount required to reduce the carrying value of the asset to its estimated fair value, calculated in accordance with GAAP fair value provisions. 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. The factors considered by the Company in performing this assessment include current operating results, market and other applicable trends and residual values, as well as the effect of obsolescence, demand, competition 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 both December 31, 2014 and 2013, the Company had $75.5 million of goodwill and $9.6 million of other intangible assets within its consolidated balance sheets, resulting from the contribution of Hollywood Casino Baton Rouge and Hollywood Casino Perryville in connection with the Spin-Off. The Company's goodwill resides on the books of its Hollywood Casino Baton Rouge subsidiary, while the other intangible asset represents a gaming license on the books of its Hollywood Casino Perryville subsidiary. Both subsidiaries are members of the TRS Properties segment and are considered separate reporting units under ASC 350, "Intangibles - Goodwill and Other" ("ASC 350"). Goodwill is tested at the reporting unit level, which is an operating segment or one level below an operating segment for which discrete financial information is available.
	Under ASC 350, the Company is required to test goodwill for impairment at least annually and whenever events or circumstances indicate that it is more likely than not that goodwill may be impaired. The Company has elected to perform its annual goodwill impairment test as of October 1 of each year. ASC 350 prescribes a two-step goodwill impairment test, the first step which involves the determination of the fair value of each reporting unit and its comparison to the carrying amount. If the carrying amount exceeds the fair value in step 1, 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 to the reporting unit, an impairment loss is recognized.
	In accordance with ASC 350, the Company considers its Hollywood Casino Perryville gaming license an indefinite-lived 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 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. Hollywood Casino Perryville's gaming license will expire in September 2025, fifteen years from the casino's opening date. The Company expects to expense any costs related to the gaming license renewal as incurred.
	We assessed the fair value of our gaming license using the Greenfield Method under the income approach. The Greenfield Method estimates the fair value of the gaming license assuming the Company built a casino with similar unity to that of the existing facility. The method assumes a theoretical start-up company going into business without any assets other than the intangible asset being valued. As such the value of the license is a function of the following items:
	•	Projected revenues and operating cash flows;
	•	Theoretical construction costs and duration;
	•	Pre-opening expenses;
	•	Discounting that reflects the level of risk associated with receiving future cash flows attributable to the license; and
	•	Remaining useful life of the license
	The evaluation of goodwill and indefinite-lived intangible assets requires the use of estimates about future operating results to determine the estimated fair value of the reporting unit and the indefinite-lived intangible assets. The Company must make various assumptions and estimates in performing its impairment testing. The implied fair value includes estimates of future cash flows that are based on reasonable and supportable assumptions which represent the Company's best estimates of the cash flows expected to result from the use of the assets. Changes in estimates, increases in the Company's cost of capital, reductions in transaction multiples, changes in operating and capital expenditure assumptions or application of alternative assumptions and definitions could produce significantly different results. Future cash flow estimates are, by their nature, subjective and actual results may differ materially from the Company's estimates. If the Company's ongoing estimates of future cash flows are not met, the Company may have to record additional impairment charges in future accounting periods. The Company's estimates of cash flows are based on the current regulatory and economic climates, as well as recent operating information and budgets. These estimates could be negatively impacted by changes in federal, state or local regulations, economic downturns, or other events.
	Forecasted cash flows can be significantly impacted by the local economy in which the Company's subsidiaries operate. For example, increases in unemployment rates can result in decreased customer visitations and/or lower customer spend per visit. In addition, new legislation which approves gaming in nearby jurisdictions or further expands gaming in jurisdictions can result in increased competition for the property. This generally has a negative effect on profitability once competitors become established, as a certain level of cannibalization occurs absent an overall increase in customer visitations. Lastly, increases in gaming taxes approved by state regulatory bodies can negatively impact forecasted cash flows.
	Assumptions and estimates about future cash flow levels are complex and subjective. They are sensitive to changes in underlying assumptions and can be affected by a variety of factors, including external factors, such as industry, geopolitical and economic trends, and internal factors, such as changes in the Company's business strategy, which may reallocate capital and resources to different or new opportunities which management believes will enhance the Company's overall value but may be to the detriment of its existing operations.
	The Company determined the fair value of its goodwill and gaming license as of October 1, 2014 utilizing the forecasted cash flow methods described above and compared these values to the carrying value of the assets on its balance sheet. In determining the fair value of each asset, the Company incorporated recent operating trends of both TRS properties, as well as the expected impact of the recent opening of the Horseshoe Casino Baltimore in August 2014 and the anticipated opening of new casino in Prince George's County during the second half of 2016 on Hollywood Casino Perryville into its current year projections. After consideration of these facts, the fair value of both assets exceeded their carrying amounts, and as of October 1, 2014, the Company's goodwill and gaming license were not impaired.
	Debt Issuance Costs
	Debt issuance costs that are incurred by the Company in connection with the issuance of debt are deferred and amortized to interest expense over the contractual term of the underlying indebtedness.
	Comprehensive Income
	Comprehensive income includes net income and all other non-owner changes in shareholders’ equity during a period. The Company did not have any non-owner changes in shareholders’ equity for the years ended December 31, 2014, 2013 and 2012 and comprehensive income for the years ended December 31, 2014, 2013 and 2012 was equivalent to net income for those time periods.
	Income Taxes
	The TRS Properties are able to engage in activities resulting in income that would not be qualifying income for a REIT. As a result, certain activities of the Company which occur within its TRS Properties are subject to federal and state 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 for the years ended December 31, 2014, 2013 and 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 consolidated 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 consolidated statements of income. During the year ended December 31, 2014, the Company recognized $18 thousand of penalties and interest, net of deferred income taxes. During the years ended December 31, 2013 and 2012, the Company did not recognize any interest and penalties, net of deferred income taxes.
The Company intends to elect on its U.S. federal income tax return for its taxable year beginning on January 1, 2014 to be treated as a REIT and the Company, together with an indirectly wholly-owned subsidiary of the Company, GLP Holdings, Inc., intend to jointly elect to treat each of GLP Holdings, Inc., Louisiana Casino Cruises, Inc. and Penn Cecil Maryland, Inc. as a "taxable REIT subsidiary" effective on the first day of the first taxable year of GLPI as a REIT. The Company intends to continue to be organized and to operate in a manner that will permit the Company to qualify as a REIT. To qualify as a REIT, the Company must meet certain organizational and operational requirements, including a requirement to distribute at least 90% of its annual REIT taxable income to shareholders. As a REIT, the Company generally will not be subject to federal income tax on income that it distributes as dividends to its shareholders. If the Company fails to qualify as a REIT in any taxable year, it will be subject to U.S. federal income tax, including any applicable alternative minimum tax, on its taxable income at regular corporate income tax rates, and dividends paid to its shareholders would not be deductible by the Company in computing taxable income. Any resulting corporate liability could be substantial and could materially and adversely affect the Company's net income and net cash available for distribution to shareholders. Unless the Company was entitled to relief under certain Internal Revenue Code provisions, the Company also would be disqualified from re-electing to be taxed as a REIT for the 4 taxable years following the year in which it failed to qualify to be taxed as a REIT.
Revenue Recognition and Promotional Allowances
The Company recognizes rental revenue from tenants, including rental abatements, lease incentives and contractually fixed increases attributable to operating leases, on a straight-line basis over the term of the related leases when collectability is reasonably assured. Contingent rental income is recognized once the lessee achieves the specified target. Recognition of rental income commences when control of the facility has been transferred to the tenant.
As of December 31, 2014, all but one of the Company’s real estate investment properties were leased to a subsidiary of Penn under the Master Lease. The obligations under the Master Lease are guaranteed by Penn and by most Penn subsidiaries that occupy and operate the facilities leased under the Master Lease. A default by Penn or its subsidiaries with regard to any facility will cause a default with regard to the Master Lease. In January 2014, GLPI completed the asset acquisition of Casino Queen in East St. Louis, Illinois. GLPI subsequently leased the property back to Casino Queen on a "triple net" basis on terms similar to those in the Master Lease.
The rent structure under the Master Lease with Penn includes a fixed component, a portion of which is subject to an annual 2% escalator if certain rent coverage ratio thresholds are met, and a component that is based on the performance of the facilities, which is adjusted, subject to certain floors (i) every five years by an amount equal to 4% of the average change to net revenues of all facilities under the Master Lease (other than Hollywood Casino Columbus and Hollywood Casino Toledo) during the preceding five years, and (ii) monthly by an amount equal to 20% of the change in net revenues of Hollywood Casino Columbus and Hollywood Casino Toledo during the preceding month. In addition to rent, all properties under the Master Lease with Penn are required to pay the following: (1) all facility maintenance, (2) all insurance required in connection with the leased properties and the business conducted on the leased properties, (3) taxes levied on or with respect to the leased properties (other than taxes on the income of the lessor) and (4) all utilities and other services necessary or appropriate for the leased properties and the business conducted on the leased properties.
The rent structure under the Casino Queen lease also includes a fixed component, a portion of which is subject to an annual 2% escalator if certain rent coverage ratio thresholds are met, and a component that is based on the performance of the facility, which is reset every five years to a fixed amount equal to the greater of (i) the annual amount of non-fixed rent applicable for the lease year immediately preceding such rent reset year and (ii) an amount equal to 4% of the average annual net revenues of the facility for the trailing five year period. Similar to Master Lease, the tenant is responsible for all executory charges described in the above paragraph.
As of December 31, 2014, the future minimum rental income from the Company's properties under non-cancelable operating leases was as follows (in thousands):
Year ending December 31,
2015	$	405,743
2016	405,743
2017	406,243
2018	398,622
2019	360,517
Thereafter	3,188,424
Total	$	5,165,292
For the years ended December 31, 2014 and 2013, GLPI recognized $40.5 million and $6.7 million, respectively, in contingent rental income from Hollywood Casino Columbus and Hollywood Casino Toledo related to clause (ii) in the paragraph above. The expected future minimum rental income from these properties, as well as the portion of the rent based on the performance of the other facilities under the Master Lease that is reset in Year 5 (November 1, 2018) of the lease are excluded from the table above as they are considered contingent rental income under ASC 840 "Leases."
Additionally, in accordance with ASC 605, "Revenue Recognition," the Company records revenue for the real estate taxes paid by its tenants on the leased properties with an offsetting expense in real estate taxes within the consolidated statement of income as the Company has concluded it is the primary obligor.
Gaming revenue generated by the TRS Properties mainly consists of video lottery gaming revenue and to a lesser extent, table game and poker revenue. Video lottery gaming revenue 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), and 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 consolidated statements of income for the years ended December 31, 2014, 2013 and 2012:
	Year Ended December 31,
	2014				2013			2012
	(in thousands)
Video lottery	$	127,572			$	138,803		$	189,808
Table game	19,120				18,096			11,891
Poker	1,591				2,453			882
Total gaming revenue, net of cash incentives	$	148,283			$	159,352		$	202,581
Gaming revenue is 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 years ended December 31, 2014, 2013 and 2012 are as follows:
	Year Ended December 31,
	2014				2013			2012
	(in thousands)
Food and beverage	$	5,732			$	5,970		$	6,806
Other	41				167			767
Total promotional allowances	$	5,773			$	6,137		$	7,573
The estimated cost of providing such complimentary services, which is primarily included in food, beverage, and other expense, for the years ended December 31, 2014, 2013 and 2012 are as follows:
	Year Ended December 31,
	2014				2013			2012
	(in thousands)
Food and beverage	$	2,766			$	2,907		$	3,319
Other	15				86			384
Total cost of complimentary services	$	2,781			$	2,993		$	3,703
Gaming and Admission Taxes
For the TRS Properties, the Company is subject to gaming and admission 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 where wagering occurs. At Hollywood Casino Baton Rouge, the gaming and admission tax is based on graduated tax rates. At Hollywood Casino Perryville the gaming and admission tax rate is flat. The Company records gaming and admission 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 and admission tax rates change during the year, such changes are applied prospectively in the determination of gaming tax expense in future interim periods.  For the years ended December 31, 2014, 2013 and 2012, these expenses, which are primarily recorded within gaming expense in the consolidated statements of income, totaled $66.8 million, $71.6 million and $94.9 million, respectively.
Earnings Per Share
The Company calculates earnings per share ("EPS") in accordance with ASC 260, "Earnings Per Share." Basic EPS is computed by dividing net income applicable to common stock by the weighted-average number of common shares outstanding during the period, excluding net income attributable to participating securities (unvested restricted stock awards). Diluted EPS reflects the additional dilution for all potentially-dilutive securities such as stock options, unvested restricted shares and unvested performance-based restricted shares. Basic and diluted EPS for the year ended December 31, 2012 were retroactively restated for the number of GLPI basic and diluted shares outstanding immediately following the Spin-Off and to include the shares issued as part of the purging distribution dividend paid to its shareholders to distribute any accumulated earnings and profits relating to the real property assets and attributable to any pre-REIT years.
The following table reconciles the weighted-average common shares outstanding used in the calculation of basic EPS to the weighted-average common shares outstanding used in the calculation of diluted EPS for the years ended December 31, 2014, 2013 and 2012 (in thousands):
	Year Ended December 31,
	2014			2013			2012
Determination of shares:
Weighted-average common shares outstanding	112,037			110,617			110,582
Assumed conversion of dilutive employee stock-based awards	5,340			4,924			4,703
Assumed conversion of restricted stock	209			324			318
Assumed conversion of performance-based restricted stock awards	—			—			—
Diluted weighted-average common shares outstanding	117,586			115,865			115,603
The following table presents the calculation of basic and diluted EPS for the Company’s common stock for the years ended December 31, 2014, 2013 and 2012:
	Year Ended December 31,
	2014				2013			2012
Calculation of basic EPS:
Net income	$	185,384			$	19,830		$	22,919
Less: Net income allocated to participating securities	(772		)		(75		)	(86		)
Net income attributable to common shareholders	$	184,612			$	19,755		$	22,833
Weighted-average common shares outstanding	112,037				110,617			110,582
Basic EPS	$	1.65			$	0.18		$	0.21
Calculation of diluted EPS:
Net income	$	185,384			$	19,830		$	22,919
Diluted weighted-average common shares outstanding	117,586				115,865			115,603
Diluted EPS	$	1.58			$	0.17		$	0.2
Options to purchase 17,917 shares were outstanding during the year ended December 31, 2014 but were not included in the computation of diluted EPS because of being antidilutive. There were no outstanding options to purchase shares of common stock during the years ended December 31, 2013 and 2012 that were not included in the computation of diluted EPS because of being antidilutive. Performance-based restricted stock awards were excluded from the computation of diluted EPS for the year ended December 31, 2014 because at the end of the reporting period no contingent shares were issuable based upon the terms of the awards.
Stock-Based Compensation
The Company's 2013 Long Term Incentive Compensation Plan (the "2013 Plan") provides for the Company to issue stock options (incentive and/or non-qualified), stock appreciation rights ("SARs"), restricted stock awards, including performance-based restricted stock awards, phantom stock units ("PSUs") and other equity or cash based awards to employees. Any director, employee or consultant shall be eligible to receive such awards.
The Company accounts for stock compensation under ASC 718, "Compensation - Stock Compensation," which requires the Company to expense the cost of employee services received in exchange for an award of equity instruments based on the grant-date fair value of the award. This expense is recognized ratably over the requisite service period following the date of grant. The fair value for stock options is estimated at the date of grant using the Black-Scholes option-pricing model. The fair value of the Company's time-based restricted stock awards is equivalent to the closing stock price on the day of grant. The Company utilizes a third party valuation firm to measure the fair value of performance-based restricted stock awards at grant date using the Monte Carlo model.
Additionally, the cash-settled PSUs entitle employees to receive cash based on the fair value of the Company’s common stock on the vesting date. These PSUs are accounted for as liability awards and are re-measured at fair value each reporting period until they become vested with compensation expense being recognized over the requisite service period in accordance with ASC 718-30, "Compensation-Stock Compensation, Awards Classified as Liabilities."
In addition, the Company’s cash-settled SARs are accounted for as liability awards. The fair value of these awards is calculated during each reporting period and estimated using the Black-Scholes option pricing model.
In connection with the Spin-Off, each outstanding option and cash settled SAR with respect to Penn common stock outstanding on the distribution date was converted into two awards, an adjusted Penn option and a GLPI option, or, in the case of the SARs, an adjusted Penn SAR and a GLPI SAR. The adjustment preserved the aggregate intrinsic value of the options and SARs. Additionally, in connection with the Spin-Off, holders of outstanding restricted stock and PSUs with respect to Penn common stock became entitled to an additional share of restricted stock or PSU with respect to GLPI common stock for each share of Penn restricted stock or PSU held.
The adjusted options and SARs, as well as the restricted stock awards and PSUs, otherwise remain subject to their original terms, except that for purposes of the adjusted Penn awards (including in determining exercisability and the post-termination exercise period), continued service with GLPI following the distribution date shall be deemed continued service with Penn; and for purposes of the GLPI awards (including in determining exercisability and the post-termination exercise period), continued service with Penn following the distribution date shall be deemed continued service with GLPI.
The unrecognized compensation relating to both Penn and GLPI’s stock options, SARs, restricted stock awards, performance-based restricted stock awards and PSUs held by GLPI employees will be amortized to expense over the awards’ remaining vesting periods.
See Note 12 for further information related to the stock-based compensation.
Segment Information
Consistent with how the Company’s Chief Operating Decision Maker reviews and assesses the Company’s financial performance, the Company has two reportable segments, GLP Capital, L.P. (a wholly-owned subsidiary of GLPI through which GLPI owns substantially all of its real estate assets) ("GLP Capital") and the TRS Properties. The GLP Capital reportable segment consists of the leased real property and represents the majority of the Company’s business. The TRS Properties reportable segment consists of Hollywood Casino Perryville and Hollywood Casino Baton Rouge. See Note 13 for further information with respect to the Company’s segments.
Statements of Cash Flows
The Company has presented the consolidated statements of cash flows using the indirect method, which involves the reconciliation of net income to net cash flow from operating activities.
Certain Risks and Uncertainties
The Company is dependent on Penn (including its subsidiaries), who is the lessee of substantially all of the Company's properties pursuant to the Master Lease and accounts for a significant portion of its revenues. The inability or unwillingness of Penn to meet its subsidiary's rent obligations and other obligations under the Master Lease could materially adversely affect the Company's business, financial position or results of operations, including the Company's ability to pay dividends to its shareholders as required to maintain its status as a REIT. For these reasons, if Penn were to experience a material adverse effect on its gaming business, financial position or results of operations, the Company's business, financial position or results of operations could also be materially adversely affected.
The Company's operations are also dependent on its continued licensing by state gaming commissions of its gaming tenants and operators. The loss of a license could have an adverse effect on future results of operations. Additionally, the Company is dependent on the local market in which its gaming tenants and operators operate for a significant number of its patrons and revenues. If economic conditions in these areas deteriorate or additional gaming licenses are awarded in these markets, the Company's results of operations could be adversely affected. Furthermore, the Company is dependent upon a stable gaming tax structure in the locations that its gaming tenants and operators operate in. Any change in the tax structure could have an adverse effect on future results of operations.

Acquisitions

Acquisitions	12 Months Ended
	Dec. 31, 2014
Business Combinations [Abstract]
Acquisitions	Acquisitions
	In January 2014, the Company completed the asset acquisition of the real property associated with the Casino Queen in East St. Louis, Illinois for $140.7 million, including transaction fees of $0.7 million.  Simultaneously with the acquisition, GLPI also provided Casino Queen with a $43 million, five year term loan at 7% interest, pre-payable at any time, which, together with the sale proceeds, completely refinanced and retired all of Casino Queen’s outstanding long-term debt obligations. As of December 31, 2014, principal and interest payments reduced the balance of this loan to $34.0 million. Commencing on March 31, 2015, Casino Queen is obligated to make mandatory principal payments on the loan on the last day of each calendar year quarter equal to 1.25% of the original loan balance. The collectability of the remaining loan balance is reasonably assured, and it is recorded at carrying value which approximates fair value. Interest income related to the loan is recorded in interest income within the Company's consolidated statement of income in the period of receipt. GLPI leased the property back to Casino Queen on a "triple net" basis on terms similar to those in the Master Lease and will result in approximately $14 million in annual rent.  The lease has an initial term of 15 years, and the tenant has an option to renew it at the same terms and conditions for four successive five year periods.
	On May 14, 2014, the Company announced that it entered into an agreement with Cannery Casino Resorts LLC ("CCR") to acquire The Meadows Racetrack and Casino located in Washington, Pennsylvania, a suburb of Pittsburgh, Pennsylvania.  The agreement provides that closing of the acquisition is subject to, among other things, the accuracy of CCR’s representations and its compliance with the covenants set forth in the agreement, as well as the approval of the Pennsylvania Gaming Control Board and Pennsylvania Racing Commission. On October 27, 2014, the Company filed a lawsuit in the Southern District of New York against CCR alleging, among other things, fraud, breach of the agreement and breach of the related consulting agreement entered into at the same time. The lawsuit was subsequently re-filed in New York state court on January 7, 2015 for procedural reasons. The Company is seeking a declaratory judgment that CCR has breached the agreements, return of $10 million paid pursuant to a related consulting agreement and an unspecified amount of additional damages. The Company will further evaluate and consider all other remedies available to it, including termination of the agreements.
	Although the Company intends to pursue its claims vigorously, there can be no assurances that the Company will prevail on any of the claims in the action, or, if the Company does prevail on one or more of the claims, of the amount of recovery that may be awarded to the Company for such claim(s). In addition, the timing and resolution of the claims set forth in the lawsuit are unpredictable and the Company is not able to currently predict any effect this suit may have on closing of the transaction.

Real_Estate_Investments

Real Estate Investments	12 Months Ended
	Dec. 31, 2014
Real Estate [Abstract]
Real Estate Investments	Real Estate Investments
	Real estate investments, net, represents investments in 19 rental properties and the corporate headquarters building and is summarized as follows:
		December 31,			December 31,
		2014			2013
		(in thousands)
	Land and improvements	$	454,181		$	382,581
	Building and improvements	2,288,664			2,050,533
	Construction in progress	2,576			61,677
	Total real estate investments	2,745,421			2,494,791
	Less accumulated depreciation	(565,297		)	(484,488		)
	Real estate investments, net	$	2,180,124		$	2,010,303
	The decrease in construction in progress and related increase in building and improvements is primarily due to the Hollywood Gaming at Dayton Raceway and Hollywood Gaming at Mahoning Valley assets being placed into service upon commencement of operations on August 28, 2014 and September 17, 2014, respectively. Both properties were jointly developed with Penn and were added to the Master Lease upon commencement of operations. The Company’s acquisition of the real estate assets of Casino Queen for $140.7 million in January 2014 also contributed to the increase in building and improvements, as well as land and improvements.

Property_and_Equipment_Used_in

Property and Equipment Used in Operations	12 Months Ended
	Dec. 31, 2014
Property, Plant and Equipment [Abstract]
Property and Equipment Used in Operations	Property and Equipment Used in Operations
	Property and equipment used in operations, net, consists of the following and primarily represents the assets utilized in the TRS:
		December 31,			December 31,
		2014			2013
		(in thousands)
	Land and improvements	$	31,595		$	27,586
	Building and improvements	116,867			115,888
	Furniture, fixtures, and equipment	103,612			101,288
	Construction in progress	724			203
	Total property and equipment	252,798			244,965
	Less accumulated depreciation	(118,770		)	(105,844		)
	Property and equipment, net	$	134,028		$	139,121

Longterm_Debt

Long-term Debt	12 Months Ended
	Dec. 31, 2014
Debt Disclosure [Abstract]
Long-term Debt	Long-term Debt
	Long-term debt, net of current maturities is as follows:
		December 31,			December 31,
		2014			2013
		(in thousands)
	Senior unsecured credit facility	$	558,000		$	300,000
	$550 million 4.375% senior unsecured notes due November 2018	550,000			550,000
	$1,000 million 4.875% senior unsecured notes due November 2020	1,000,000			1,000,000
	$500 million 5.375% senior unsecured notes due November 2023	500,000			500,000
	Capital lease	1,487			—
	Total long-term debt	2,609,487			2,350,000
	Less current maturities of long-term debt	(81		)	—
	Long-term debt, net of current maturities	$	2,609,406		$	2,350,000
	The following is a schedule of future minimum repayments of long-term debt as of December 31, 2014 (in thousands):
	2015	$	81
	2016	119
	2017	107
	2018	1,108,113
	2019	118
	Thereafter	1,500,949
	Total minimum payments	$	2,609,487
	Senior Unsecured Credit Facility
	The Company participates in a one billion senior unsecured credit facility (the "Credit Facility"), consisting of a $700 million revolving credit facility and a $300 million Term Loan A facility. The interest rates payable on the loans are, at the Company's 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. At December 31, 2014, the applicable margin was 1.50% for LIBOR loans and 0.50% for base rate loans. 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. At December 31, 2014, the commitment fee rate was 0.25%. The Company is not required to repay any loans under the Credit Facility prior to maturity on October 28, 2018 and 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 Company's wholly owned subsidiary, GLP Capital is the primary obligor under the Credit Facility, which is guaranteed by GLPI.
	At December 31, 2014, the Credit Facility had a gross outstanding balance of $558 million, consisting of the $300 million Term Loan A facility and $258 million of borrowings under the revolving credit facility. Additionally, at December 31, 2014, the Company was contingently obligated under letters of credit issued pursuant to the senior unsecured credit facility with face amounts aggregating approximately $0.7 million, resulting in $441.3 million of available borrowing capacity under the revolving credit facility as of December 31, 2014.
	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 intends to make on its U.S. federal income tax return for its 2014 fiscal year. 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. At December 31, 2014, the Company was in compliance with all required covenants under the Credit Facility.
	Senior Unsecured Notes
	At December 31, 2014, the Company had $550 million outstanding of 4.375% senior unsecured notes maturing on November 1, 2018 (the "2018 Notes"), $1,000 million outstanding of 4.875% senior unsecured notes maturing on November 1, 2020 (the "2020 Notes") and $500 million outstanding of 5.375% senior unsecured notes maturing on November 1, 2023 (the "2023 Notes"). Interest on each of the 2018 Notes, 2020 Notes and 2023 Notes, (collectively the "Notes") is payable semi-annually on May 1 and November 1 of each year.
	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 were issued by GLP Capital, L.P. and GLP Financing II, Inc., (the "Issuers") two wholly-owned subsidiaries of GLPI and are guaranteed on a senior unsecured basis by GLPI. The guarantees of GLPI are full and unconditional. 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. See Note 18 for additional financial information on the parent guarantor and subsidiary issuers of the Notes.
	The Notes contain covenants limiting the Company’s 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 Company 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.
	At December 31, 2014, the Company was in compliance with all required covenants under the Notes.
	Capital Lease
	The Company assumed the capital lease obligation related to certain assets at its Aurora, Illinois property. GLPI recorded the asset and liability associated with the capital lease on its balance sheet. The original term of the capital lease was 30 years and it will terminate in 2026.

Commitments_and_Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies
	Litigation
	On May 14, 2014, the Company announced that it entered into an agreement with CCR to acquire The Meadows Racetrack and Casino located in Washington, Pennsylvania, a suburb of Pittsburgh, Pennsylvania.  The agreement provides that closing of the acquisition is subject to, among other things, the accuracy of CCR’s representations and its compliance with the covenants set forth in the agreement, as well as the approval of the Pennsylvania Gaming Control Board and Pennsylvania Racing Commission. On October 27, 2014, the Company filed a lawsuit in the Southern District of New York against CCR alleging, among other things, fraud, breach of the agreement and breach of the related consulting agreement entered into at the same time. The lawsuit was subsequently re-filed in New York state court on January 7, 2015 for procedural reasons. The Company is seeking a declaratory judgment that CCR has breached the agreements, return of $10 million paid pursuant to a related consulting agreement and an unspecified amount of additional damages. The Company will further evaluate and consider all other remedies available to it, including termination of the agreements.
	Although the Company intends to pursue its claims vigorously, there can be no assurances that the Company will prevail on any of the claims in the action, or, if the Company does prevail on one or more of the claims, of the amount of recovery that may be awarded to the Company for such claim(s). In addition, the timing and resolution of the claims set forth in the lawsuit are unpredictable and the Company is not able to currently predict any effect this suit may have on closing of the transaction.
	Pursuant to a Separation and Distribution Agreement between Penn and GLPI, 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) will be retained by Penn and Penn will indemnify 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. There can be no assurance that Penn will be able to fully satisfy its indemnification obligations. Moreover, even if we ultimately succeed in recovering from Penn any amounts for which we are liable, we may be temporarily required to bear those losses.
	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 consolidated 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.
	Operating Lease Commitments
	As part of the Spin-Off, Penn assigned to GLPI various leases on the land and buildings acquired in connection with the Spin-Off. The following is a description of some of the more significant lease contracts that Penn assigned to GLPI. Total rental expense under these agreements was $2.8 million and $0.4 million for the years ended December 31, 2014 and 2013 (which covers the period subsequent to the Spin-Off date). The leases consist of annual base lease payments and, in some instances, a percentage rent based on a percent of adjusted gaming wins, as described in the respective leases.
	The Company has an operating lease for the land utilized in connection with the operations of the casino in Biloxi, Mississippi. The lease commenced March 3, 1994 and is for a term of 99 years. The annual rental payments are increased every 5 years by fifteen percent and will be $0.2 million for 2015. The next reset period is in March 2019.
	The Company has an operating lease for the land utilized in connection with the operations of the 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.
	The Company has 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, for which GLPI is responsible, which totals $0.1 million per year. The 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.
	The future minimum lease commitments relating to the base lease rent portion of noncancelable operating leases at December 31, 2014 are as follows (in thousands):
	Year ending December 31,
	2015	$	1,528
	2016	1,520
	2017	1,533
	2018	1,531
	2019	1,089
	Thereafter	44,320
	Total	$	51,521
	In addition, the Company is liable under numerous operating leases for equipment and other miscellaneous assets, which expire at various dates through 2019. Total rental expense under these agreements was $1.2 million, $1.4 million and $1.6 million for the years ended December 31, 2014, 2013 and 2012, respectively.
	Capital Expenditure Commitments
	The Company's current construction program for 2015 calls for no capital expenditures for which the Company was contractually committed to spend at December 31, 2014.
	Purchase Obligations
	The Company has obligations to purchase various goods and services totaling $1.8 million at December 31, 2014, of which the majority will be incurred in 2015.
	Employee Benefit Plans
	The Company maintains a defined contribution plan under the provisions of Section 401(k) of the Internal Revenue Code of 1986, as amended, which covers all eligible employees. The plan enables participating employees to defer a portion of their salary and/or their annual bonus in a retirement fund to be administered by the Company. The Company makes a discretionary match contribution of 50% of employees' elective salary deferrals, up to a maximum of 6% of eligible employee compensation. The matching contributions for the defined contribution plan for the years ended December 31, 2014, 2013 and 2012 were $0.3 million, $0.2 million, and $0.2 million, respectively.
	The Company maintains a non-qualified deferred compensation plan that covers most management and other highly-compensated employees. The plan allows the participants to defer, on a pre-tax basis, a portion of their base annual salary and/or their annual bonus, and earn tax-deferred earnings on these deferrals. The plan also provides for matching Company contributions that vest over a five-year period. The Company has established a Trust, and transfers to the Trust, on a periodic basis, an amount necessary to provide for its respective future liabilities with respect to participant deferral and Company contribution amounts. The Company's matching contributions for the non-qualified deferred compensation plan for the years ended December 31, 2014, 2013 and 2012 were $0.4 million, $0.3 million and $0.1 million, respectively. The Company's deferred compensation liability, which was included in other current liabilities within the consolidated balance sheet, was $14.4 million and $12.8 million at December 31, 2014 and 2013, respectively and primarily relates to balances contributed as part of the Spin-Off as related to the Company's executive officers that were previously employed by Penn. Assets held in the Trust were $14.3 million and $12.7 million at December 31, 2014 and 2013, respectively, and are included in other current assets within the consolidated balance sheet.
	Labor Agreements
	Some of Hollywood Casino Perryville's employees are currently represented by labor unions. The Seafarers Entertainment and Allied Trade Union represents 210 of Hollywood Casino Perryville's employees under an agreement that expires in February 2020. Additionally, Local No. 27 United Food and Commercial Workers and United Industrial Service Transportation Professional and Government Workers of North America represent certain employees under collective bargaining agreements that expire in 2020, neither of which represents more than 50 of Hollywood Casino Perryville's employees. If the Company fails to renew or modify existing agreements on satisfactory terms, this failure could have a material adverse effect on Hollywood Casino Perryville's business, financial condition and results of operations. There can be no assurance that Hollywood Casino Perryville will be able to maintain these agreements.

Income_Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes
	The Company intends to elect on its U.S. federal income tax return for its taxable year beginning on January 1, 2014 to be treated as a REIT. The benefits of the intended REIT conversion on the Company's tax provision and effective income tax rate are reflected in the tables below. 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 consolidated 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, related to its TRS, are as follows:
	Year ended December 31,	2014				2013
		(in thousands)
	Deferred tax assets:
	Accrued expenses	$	2,015			$	2,228
	Property and equipment	679				—
	Net deferred tax assets	2,694				2,228
	Deferred tax liabilities:
	Property and equipment	(336		)		(3,459		)
	Intangibles	(1,107		)		(823		)
	Net deferred tax liabilities	(1,443		)		(4,282		)
	Net:	$	1,251			$	(2,054	)
	The provision for income taxes charged to operations for years ended December 31, 2014, 2013 and 2012 was as follows:
	Year ended December 31,	2014				2013				2012
		(in thousands)
	Current tax expense
	Federal	$	4,415			$	19,429			$	12,216
	State	2,303				3,513				2,303
	Total current	6,718				22,942				14,519
	Deferred tax (benefit) expense
	Federal	(2,680		)		(7,624		)		64
	State	(625		)		1,978				(152		)
	Total deferred	(3,305		)		(5,646		)		(88		)
	Total provision	$	3,413			$	17,296			$	14,431
	The following tables reconcile the statutory federal income tax rate to the actual effective income tax rate for the years ended December 31, 2014, 2013 and 2012:
	Year ended December 31,	2014			2013			2012
	Percent of pretax income
	U.S. federal statutory income tax rate	35	%		35	%		35	%
	State and local income taxes	0.5	%		10.4	%		3	%
	Nondeductible transaction costs	—	%		7.5	%		—	%
	REIT conversion benefit	(32.6	)%		(5.3	)%		—	%
	Permanent differences	—	%		(0.8	)%		0.1	%
	Other miscellaneous items	(1.1	)%		(0.2	)%		0.5	%
		1.8	%		46.6	%		38.6	%
	Year ended December 31,	2014				2013				2012
		(in thousands)
	Amount based upon pretax income
	U.S. federal statutory income tax	$	66,079			$	12,994			$	13,073
	State and local income taxes	964				3,840				1,126
	Nondeductible transaction costs	—				2,793				—
	REIT conversion benefit	(61,484		)		(1,959		)		—
	Permanent differences	52				(268		)		30
	Other miscellaneous items	(2,198		)		(104		)		202
		$	3,413			$	17,296			$	14,431
	The Company is still subject to federal income tax examinations for its years ended December 31, 2014 and 2013.

Dividends

Dividends	12 Months Ended
	Dec. 31, 2014
Dividends [Abstract]
Dividends	Dividends
	On February 18, 2014, GLPI made the Purging Distribution, which totaled $1.05 billion and was comprised of cash and GLPI common stock, to distribute the accumulated earnings and profits related to the real property assets and attributable to any pre-REIT years, including any earnings and profits allocated to GLPI in connection with the Spin-Off. Shareholders were given the option to elect either an all-cash or all-stock dividend, subject to a total cash limitation of $210.0 million. Of the 88,691,827 shares of common stock outstanding on the record date, approximately 54.3% elected the cash distribution and approximately 45.7% elected a stock distribution or made no election. Shareholders electing cash received $4.358049 plus 0.195747 additional GLPI shares per common share held on the record date. Shareholders electing stock or not making an election received 0.309784 additional GLPI shares per common share held on the record date. Stock dividends were paid based on the volume weighted average price for the three trading days ended February 13, 2014 of $38.2162 per share. Approximately 22.0 million shares were issued in connection with this dividend payment.  In addition, cash distributions were made to GLPI and Penn employee restricted stock award holders in the amount of $1.0 million for the purging distribution.  Additionally, on December 19, 2014, the Company made a one-time distribution of $37.0 million to shareholders in order to confirm the Company appropriately allocated its historical earnings and profits relative to the separation from Penn, in response to the Pre-Filing Agreement requested from the IRS. In addition, cash distributions were made to or accrued for both GLPI restricted stock award holders and GLPI and Penn unvested employee stock options in the amount of $0.7 million for this one-time distribution.
	Also on February 18, 2014, the Company’s Board of Directors declared its first quarterly dividend of $0.52 per common share, which was paid on March 28, 2014, in the amount of $58.0 million, to shareholders of record on March 7, 2014. In addition, first quarter dividend payments were made to or accrued for GLPI restricted stock award holders and both GLPI and Penn unvested employee stock options in the amount of $1.0 million. On May 30, 2014, the Company’s Board of Directors declared a second quarter dividend of $0.52 per common share, which was paid on June 27, 2014, in the amount of $58.2 million, to shareholders of record on June 12, 2014. In addition, second quarter dividend payments were made to or accrued for GLPI restricted stock award holders and both GLPI and Penn unvested employee stock options in the amount of $1.0 million. On September 3, 2014, the Company’s Board of Directors declared a third quarter dividend of $0.52 per common share, which was paid on September 26, 2014, in the amount of $58.5 million, to shareholders of record on September 15, 2014. In addition, third quarter dividend payments were made to or accrued for GLPI restricted stock award holders and both GLPI and Penn unvested employee stock options in the amount of $1.0 million. On November 18, 2014, the Company’s Board of Directors declared a fourth quarter dividend of $0.92 per common share, which was paid on December 19, 2014, in the amount of $103.7 million, to shareholders of record on December 2, 2014. The $0.92 per share dividend included a regular quarterly dividend of $0.52 per share and a one-time dividend of $0.40 per share. The one-time dividend is related to distributions made to confirm the Company appropriately allocated its historical earnings and profits relative to the separation from Penn, in response to the Pre-Filing Agreement requested from the Internal Revenue Service and to ensure that the Company has distributed 100% of its taxable income for the 2014 year. In addition, fourth quarter regular quarterly dividend payments were made to or accrued for GLPI restricted stock award holders and both GLPI and Penn unvested employee stock options in the amount of $1.0 million.
	A summary of the Company's common stock distributions for the year ended December 31, 2014 is as follows:
	Qualified dividends	$	12.24
	Non-qualified dividends	1.9
	Capital gains	0.16
	Non-taxable return of capital	0.02
	Total distributions per common share	$	14.32
	Percentage classified as qualified dividends	85.47		%
	Percentage classified as non-qualified dividends	13.27		%
	Percentage classified as capital gains	1.12		%
	Percentage classified as non-taxable return of capital	0.14		%
		100		%

StockBased_Compensation

Stock-Based Compensation	12 Months Ended
	Dec. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation	Stock-Based Compensation
	As of December 31, 2014, the Company had 4,380,854 shares available for future issuance under the 2013 Long Term Incentive Compensation Plan (the "2013 Plan") that was approved by shareholders on October 23, 2013. The 2013 Plan provides for the Company to issue stock options (incentive and/or non-qualified), stock appreciation rights, restricted stock awards, phantom stock units and other equity or cash based awards to employees. Any director, employee or consultant shall be eligible to receive such awards.
	In connection with the Spin-Off, each outstanding option and cash settled SAR with respect to Penn common stock outstanding on the distribution date was converted into two awards, an adjusted Penn option and a GLPI option, or, in the case of the SARs, an adjusted Penn SAR and a GLPI SAR. The adjustment preserved the aggregate intrinsic value of the options and SARs. Additionally, holders of outstanding restricted stock and PSUs with respect to Penn common stock became entitled to an additional share of restricted stock or PSU with respect to GLPI common stock for each share of Penn restricted stock or PSU held so that the intrinsic value of these awards were equivalent to those that existed immediately prior to the Spin-Off. These awards are not counted against the 2013 Plan limit mentioned above.
	The adjusted options and SARS, as well as the restricted stock awards and PSUs, otherwise remain subject to their original terms, except that for purposes of the adjusted Penn awards (including in determining exercisability and the post-termination exercise period), continued service with GLPI following the distribution date shall be deemed continued service with Penn.
	The unrecognized compensation at the time of the Spin-Off related to both Penn and GLPI's stock options and restricted stock awards held by GLPI employees will be amortized to expense over the awards' remaining vesting periods.
	As of December 31, 2014, there was $2.5 million of total unrecognized compensation cost for stock options that will be recognized over the grants remaining weighted average vesting period of 1.00 year. For the years ended December 31, 2014 and 2013, the Company recognized $5.8 million and $1.2 million, respectively of compensation expense associated with these awards. There was no compensation cost recognized for the year ended December 31, 2012 related to stock options. In addition, the Company also recognized $15.3 million of compensation expense for the year ended December 31, 2014, relating to the $2.48 per share dividends paid on vested employee stock options.
	The following tables contain information on stock options issued and outstanding for the year ended December 31, 2014 :
			Number of		Weighted-		Weighted-		Aggregate
			Option Shares		Average		Average		Intrinsic Value
					Exercise		Remaining		(in thousands)
					Price		Contractual
							Term (in years)
	Outstanding at December 31, 2013 (1)		13,662,842		$	18.42
	Exercised		(2,330,848	)	16.24
	Canceled		(170,152	)	21.47
	Outstanding at December 31, 2014		11,161,842		$	18.83	2.37		$	119,233
	(1)	The number of outstanding stock options and the weighted average exercise price of these options was adjusted for the period ended December 31, 2013, as part of the Purging Distribution. The number of stock options outstanding at December 31, 2013 includes 3,324,389 shares resulting from the distribution.
		Exercise Price Range									Total
		$10.22 to $15.39			$15.78 to $23.68		$23.72 to $35.87				$10.22 to $35.87
	Outstanding options
	Number outstanding	1,121,623			8,855,409		1,184,810				11,161,842
	Weighted-average remaining contractual life (years)	1.03			2.58		2.06				2.37
	Weighted-average exercise price	$	12.45		$	18.88	$	24.5			$	18.83
	Exercisable options
	Number outstanding	1,121,623			7,474,418		1,174,898				9,770,939
	Weighted-average exercise price	$	12.45		$	18.38	$	24.49			$	18.44
	The Company had 9,770,939 stock options that were exercisable at December 31, 2014 with a weighted average exercise price of $18.44 which had an intrinsic value of $108.2 million. The aggregate intrinsic value of stock options exercised during 2014 was $43.1 million. The Company issues new authorized common shares to satisfy stock option exercises and plans to do the same for restricted stock lapses once they occur.
	As of December 31, 2014, there was $9.6 million of total unrecognized compensation cost for restricted stock awards that will be recognized over the grants remaining weighted average vesting period of 2.27 years. For the years ended December 31, 2014 and 2013, the Company recognized $3.6 million and $0.4 million, respectively, of compensation expense associated with these awards. There was no compensation cost recognized for the year ended December 31, 2012 related to restricted stock awards.
	The following table contains information on restricted stock award activity for the year ended December 31, 2014:
		Number of
		Award
		Shares
	Outstanding at December 31, 2013 (1)	525,328
	Granted	240,149
	Released	(237,618	)
	Canceled	(59,018	)
	Outstanding at December 31, 2014	468,841
	(1)	The number of outstanding restricted stock awards was adjusted for the period ended December 31, 2013, as part of the Purging Distribution. The number of restricted awards outstanding at December 31, 2013 includes 106,261 shares resulting from the distribution.
	On April 25, 2014, the Company awarded market performance-based restricted stock awards with a three-year cliff vesting. The amount of performance-based restricted shares vested at the end of the three-year period will be determined based on the Company’s performance as measured against its peers. More specifically, the percentage of shares vesting at the end of the measurement period will be based on the Company’s three-year total shareholder return measured against the three-year return of the MSCI US REIT index. The Company utilized a third party valuation firm to measure the fair value of the awards at grant date using the Monte Carlo model. As of December 31, 2014, there was $9.6 million of total unrecognized compensation cost, which will be recognized over the awards remaining weighted average vesting period of 2.32 years for performance-based restricted stock awards.  For the year ended December 31, 2014 the Company recognized $2.9 million of compensation expense associated with these awards.
	The following table contains information on performance-based restricted stock award activity for the year ended December 31, 2014:
		Number of  Performance-Based Award Shares
	Outstanding at December 31, 2013	—
	Granted	613,556
	Released	—
	Canceled	(70,000	)
	Outstanding at December 31, 2014	543,556
	As of December 31, 2014, there was $5.1 million of total unrecognized compensation cost, which will be recognized over the awards remaining weighted average vesting period of 1.70 years, for Penn and GLPI PSUs held by GLPI employees that will be cash-settled by GLPI. For the years ended December 31, 2014 and 2013, the Company recognized $2.5 million and $1.2 million, respectively of compensation expense associated with these awards. In addition, the Company also recognized $0.8 million for the year ended December 31, 2014 relating to the Purging Distribution dividend and the $2.48 per share dividends paid on unvested PSUs.
	As of December 31, 2014, there was $0.2 million of total unrecognized compensation cost, which will be recognized over the grants remaining weighted average vesting period of 1.32 years, for Penn and GLPI SARs held by GLPI employees that will be cash-settled by GLPI. For the years ended December 31, 2014 and 2013, the Company recognized $67 thousand and $0.2 million, respectively of compensation expense associated with these awards. There was no compensation cost recognized for the year ended December 31, 2012 related to SARs.
	Upon the declaration of the Purging Distribution, GLPI options and GLPI SARs were adjusted in a manner that preserved both the pre-distribution intrinsic value of the options and SARs and the pre-distribution ratio of the stock price to exercise price that existed immediately before the Purging Distribution. Additionally, upon declaration of the Purging Distribution, holders of GLPI PSUs were credited with the special dividend, which will accrue and be paid, if applicable, on the vesting date of the related PSU. Holders of GLPI restricted stock were entitled to receive the special dividend with respect to such restricted stock on the same date or dates that the special dividend was payable on GLPI common stock to shareholders of GLPI generally.

Segment_Information

Segment Information	12 Months Ended
	Dec. 31, 2014
Segment Reporting [Abstract]
Segment Information	Segment Information
	The following tables present certain information with respect to the Company’s segments. Intersegment revenues between the Company’s segments were not material in any of the periods presented below.
		GLP Capital (1)			TRS Properties			Eliminations (2)			Total
		(in thousands)
	For the year ended December 31, 2014
	Net revenues	$	481,821		$	154,124		$	—		$	635,945
	Income from operations	279,848			23,535			—			303,383
	Interest, net	114,588			10,406			(10,408		)	114,586
	Income before income taxes	175,668			13,129			—			188,797
	Income tax (benefit) expense	(1,489		)	4,902			—			3,413
	Net income	177,157			8,227			—			185,384
	Depreciation	94,582			12,261			—			106,843
	Capital project expenditures, net of reimbursements	139,231			—			—			139,231
	Capital maintenance expenditures	—			3,538			—			3,538
	For the year ended December 31, 2013
	Net revenues	$	76,557		$	165,572		$	—		$	242,129
	Income from operations	34,333			26,249			—			60,582
	Interest, net	19,254			(1		)	—			19,253
	Income before income taxes	15,079			22,047			—			37,126
	Income tax expense	8,467			8,829			—			17,296
	Net income	6,612			13,218			—			19,830
	Depreciation	14,896			14,027			—			28,923
	Capital project expenditures, net of reimbursements	13,042			(844		)	—			12,198
	Capital maintenance expenditures	—			4,230			—			4,230
	For the year ended December 31, 2012
	Net revenues	$	—		$	210,643		$	—		$	210,643
	Income from operations	—			43,668			—			43,668
	Interest, net	—			(2		)	—			(2		)
	Income before income taxes	—			37,350			—			37,350
	Income tax expense	—			14,431			—			14,431
	Net income	—			22,919			—			22,919
	Depreciation	—			14,090			—			14,090
	Capital project expenditures, net of reimbursements	—			1,930			—			1,930
	Capital maintenance expenditures	—			3,260			—			3,260
	Balance sheet at December 31, 2014
	Total assets	$	2,335,472		$	229,108		$	—		$	2,564,580
	Balance sheet at December 31, 2013
	Total assets	$	2,379,243		$	229,996		$	—		$	2,609,239
	(1)              GLP Capital operations commenced November 1, 2013 in connection with the Spin-Off. For the year ended December 31, 2013, results included transaction costs associated with the Spin-Off of $13.5 million.
	(2)              Amounts in the "Eliminations" column represent the elimination of intercompany interest payments from the Company’s TRS Properties business segment to its GLP Capital business segment.

Summarized_Quarterly_Data_Unau

Summarized Quarterly Data (Unaudited)	12 Months Ended
	Dec. 31, 2014
Selected Quarterly Financial Information [Abstract]
Summarized Quarterly Data	Summarized Quarterly Data (Unaudited)
	The following table summarizes the quarterly results of operations for the years ended December 31, 2014 and 2013:
		Fiscal Quarter
		First		Second		Third		Fourth
		(in thousands, except per share data)
	2014
	Net revenues	$	158,328	$	160,786	$	157,795	$	159,036
	Income from operations	74,334		77,374		77,622		74,053
	Net income	44,312		47,012		49,902		44,158
	Earnings per common share:
	Basic earnings per common share	$	0.4	$	0.42	$	0.44	$	0.39
	Diluted earnings per common share	$	0.38	$	0.4	$	0.42	$	0.38
	2013
	Net revenues	$	42,648	$	46,072	$	39,633	$	113,776	(1)
	Income from operations	6,811		9,090		5,665		39,016		(2)
	Net income	3,216		4,699		2,681		9,234		(2)
	Earnings per common share:
	Basic earnings per common share	$	0.04	$	0.04	$	0.02	$	0.08
	Diluted earnings per common share	$	0.03	$	0.04	$	0.02	$	0.08
	-1	During the fourth quarter of 2013, the Company recognized rental revenue related to the Master Lease, which became effective at Spin-Off (November 1, 2013), of $76.6 million.
	(2)	The Company's fiscal year 2013 fourth quarter results include transaction costs of $13.5 million associated with the Spin-Off and depreciation expense of $14.8 million related to the real property assets transferred to GLPI as part of the Spin-Off. Also during the fourth quarter of 2013, the Company entered into a new five year senior unsecured credit facility and completed offerings of $2,050.0 million aggregate principal of new senior unsecured notes in October 2013. The Company incurred interest expense of $19.3 million related to its new borrowings during the fourth quarter of 2013.

PreSpin_Transactions_with_Penn

Pre-Spin Transactions with Penn	12 Months Ended
	Dec. 31, 2014
Pre-Spin Transactions with Penn
Pre-Spin Transactions with Penn	Pre-Spin Transactions with Penn
	Before the Spin-Off, Hollywood Casino Baton Rouge and Hollywood Casino Perryville had a corporate overhead assessment 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 $4.2 million and $6.3 million for the years ended December 31, 2013 (before the Spin-Off) and 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	12 Months Ended
	Dec. 31, 2014
Supplemental Cash Flow Elements [Abstract]
Supplemental Disclosures of Cash Flow Information	Supplemental Disclosures of Cash Flow Information
	Prior to the Spin-Off, the Company’s Hollywood Casino Baton Rouge and Hollywood Casino Perryville paid no federal income taxes directly to tax authorities and instead settled all intercompany balances with Penn. These settlements included, among other things, the share of federal income taxes allocated by Penn to Hollywood Casino Baton Rouge and Hollywood Casino Perryville. The amounts paid to Penn for Hollywood Casino Baton Rouge and Hollywood Casino Perryville’s allocated share of federal income taxes were $9.4 million and $13.2 million, respectively, for the years ended December 31, 2013 and 2012, respectively. Hollywood Casino Baton Rouge and Hollywood Casino Perryville made state income tax payments directly to the state authorities of $1.6 million and $2.8 million for the years ended December 31, 2013 and 2012, respectively.
	Cash paid for income taxes was $20.1 million, net of refunds, for the year ended December 31, 2014.
	Cash paid for interest was $109.4 million and $0.8 million for the years ended December 31, 2014 and 2013, respectively, and no interest was paid for the year ended December 31, 2012.

Related_Party_Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2014
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions
	On September 19, 2014, the Company entered into an Agreement of Sale (the "Sale Agreement") with Wyomissing Professional Center Inc. ("WPC") and acquired certain land in an office complex known as The Wyomissing Professional Center Campus, located in Wyomissing, Pennsylvania, in exchange for the payment of $725,000 in cash to WPC, plus taxes and closing costs. In addition, the Company reimbursed WPC approximately $270,000 for site work and pre-development costs previously completed per the Sale Agreement. The Company subsequently paid an additional $244,000 to WPC during the year ended December 31, 2014 in connection with numerous construction costs WPC paid on the Company's behalf.
	In connection with completion of construction of the building in The Wyomissing Professional Center Campus, on September 24, 2014, the Company entered into an agreement (the "Construction Management Agreement") with CB Consulting Group LLC (the "Construction Manager"). Pursuant to the Construction Management Agreement, the Construction Manager will, among other things, provide certain construction management services to the Company in exchange for three percent (3%) of the total cost of work to complete the building construction project, and certain additional costs for added services. During the year ended December 31, 2014, the Company paid approximately $59,000 to the Construction Manager.
	Peter M. Carlino, the Company’s Chairman of the Board of Directors and Chief Executive Officer, is also the sole owner of WPC. In addition, Mr. Carlino’s son owns a material interest in the Construction Manager.

Supplmentary_Condensed_Consoli

Supplmentary Condensed Consolidating Financial Information of Parent Guarantor and Subsidiary Issuers	12 Months Ended
	Dec. 31, 2014
Supplementary Condensed Consolidating Financial Information of Parent Guarantor and Subsidiary Issuers
Supplementary Condensed Consolidating Financial Information of Parent Guarantor and Subsidiary Issuers	Supplementary Condensed Consolidating Financial Information of Parent Guarantor and Subsidiary Issuers
	GLPI guarantees the Notes issued by its subsidiaries, GLP Capital, L.P. and GLP Financing II, Inc. Each of the subsidiary issuers is 100% owned by GLPI. The guarantees of GLPI are full and unconditional. GLPI is not subject to any material or significant restrictions on its ability to obtain funds from its subsidiaries by dividend or loan or to transfer assets from such subsidiaries, except as provided by applicable law. No subsidiaries of GLPI guarantee the Notes.
	Summarized financial information as of December 31, 2014 and 2013 and for the years ended December 31, 2014, 2013 and 2012 for GLPI as the parent guarantor, for GLP Capital, L.P. and GLP Financing II, Inc. as the subsidiary issuers and the other subsidiary non-issuers is presented below.
	At December 31, 2014	Parent			Subsidiary			Other			Eliminations			Consolidated
	Condensed Consolidating Balance Sheet	Guarantor			Issuers			Subsidiary
								Non-Issuers
		(in thousands)
	Assets
	Real estate investments, net	$	—		$	2,042,311		$	137,813		$	—		$	2,180,124
	Property and equipment, used in operations, net	25,228			—			108,800			—			134,028
	Cash and cash equivalents	2,643			4,450			28,880			—			35,973
	Prepaid expenses	1,096			2,196			3,110			1,498			7,900
	Deferred tax assets, current	—			—			2,015			—			2,015
	Other current assets	14,947			27,417			2,890			—			45,254
	Goodwill	—			—			75,521			—			75,521
	Other intangible assets	—			—			9,577			—			9,577
	Debt issuance costs, net of accumulated amortization of $9,327 at December 31, 2014	—			39,126			—			—			39,126
	Loan receivable	—			—			34,000			—			34,000
	Intercompany loan receivable	—			193,595			—			(193,595		)	—
	Intercompany transactions and investment in subsidiaries	(138,987		)	195,092			65,255			(121,360		)	—
	Deferred tax assets, non-current	—			—			679			—			679
	Other assets	256			—			127			—			383
	Total assets	$	(94,817	)	$	2,504,187		$	468,667		$	(313,457	)	$	2,564,580
	Liabilities
	Accounts payable	$	4,011		$	188		$	210		$	—		$	4,409
	Accrued expenses	514			119			4,706			—			5,339
	Accrued interest	—			17,528			—			—			17,528
	Accrued salaries and wages	10,013			—			2,568			—			12,581
	Gaming, property, and other taxes	1,012			18,874			2,855			—			22,741
	Deferred income tax liabilities	—			(165		)	(1,333		)	1,498			—
	Current maturities of long-term debt	—			81			—			—			81
	Other current liabilities	14,369			—			1,419			—			15,788
	Long-term debt, net of current maturities	—			2,609,406			—			—			2,609,406
	Intercompany loan payable	—			—			193,595			(193,595		)	—
	Deferred tax liabilities, non-current	—			—			1,443			—			1,443
	Total liabilities	29,919			2,646,031			205,463			(192,097		)	2,689,316
	Shareholders’ (deficit) equity
	Common stock ($.01 par value, 550,000,000 shares authorized, 112,981,088 shares issued at December 31, 2014	1,130			—			—			—			1,130
	Additional paid-in capital	888,860			139,811			292,547			(432,358		)	888,860
	Retained (deficit) earnings	(1,014,726		)	(281,655		)	(29,343		)	310,998			(1,014,726		)
	Total shareholders’ (deficit) equity	(124,736		)	(141,844		)	263,204			(121,360		)	(124,736		)
	Total liabilities and shareholders’ (deficit) equity	$	(94,817	)	$	2,504,187		$	468,667		$	(313,457	)	$	2,564,580
	Year ended December 31, 2014	Parent			Subsidiary			Other			Eliminations			Consolidated
	Condensed Consolidating Statement of Operations	Guarantor			Issuers			Subsidiary
								Non-Issuers
		(in thousands)
	Revenues
	Rental	$	—		$	418,108		$	13,172		$	—		$	431,280
	Real estate taxes paid by tenants	—			48,570			1,964			—			50,534
	Total rental revenue	—			466,678			15,136			—			481,814
	Gaming	—			—			148,283			—			148,283
	Food, beverage and other	7			—			11,614			—			11,621
	Total revenues	7			466,678			175,033			—			641,718
	Less promotional allowances	—			—			(5,773		)	—			(5,773		)
	Net revenues	7			466,678			169,260			—			635,945
	Operating expenses
	Gaming	—			—			82,995			—			82,995
	Food, beverage and other	—			—			9,734			—			9,734
	Real estate taxes	—			48,576			3,578			—			52,154
	General and administrative	54,073			2,758			24,005			—			80,836
	Depreciation	1,832			89,833			15,178			—			106,843
	Total operating expenses	55,905			141,167			135,490			—			332,562
	Income from operations	(55,898		)	325,511			33,770			—			303,383
	Other income (expenses)
Interest expense	(11		)	(117,016		)	(3		)	—			(117,030		)
Interest income	—			—			2,444			—			2,444
Management fee	—			—			—			—			—
Intercompany dividends and interest	612,326			39,805			618,695			(1,270,826		)	—
Total other expenses	612,315			(77,211		)	621,136			(1,270,826		)	(114,586		)
Income before income taxes	556,417			248,300			654,906			(1,270,826		)	188,797
Income tax (benefit) expense	—			(1,490		)	4,903			—			3,413
Net income	$	556,417		$	249,790		$	650,003		$	(1,270,826	)	$	185,384
Year ended December 31, 2014	Parent			Subsidiary			Other			Eliminations			Consolidated
Condensed Consolidating Statement of Cash Flows	Guarantor			Issuers			Subsidiary
							Non-Issuers
	(in thousands)
Operating activities
Net income	$	556,417		$	249,790		$	650,003		$	(1,270,826	)	$	185,384
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation	1,832			89,833			15,178			—			106,843
Amortization of debt issuance costs	—			8,057			—			—			8,057
(Gains) losses on dispositions of property	2			(150		)	158			—			10
Deferred income taxes	—			—			(3,305		)	—			(3,305		)
Stock-based compensation	12,258			—			—			—			12,258
(Increase) decrease,
Prepaid expenses and other current assets	181			(10,741		)	(1,539		)	1,498			(10,601		)
Other assets	(1,645		)	—			(15		)	—			(1,660		)
Intercompany	800			(4,015		)	3,215			—			—
Increase (decrease),
Accounts payable	(16,995		)	15,526			(181		)	—			(1,650		)
Accrued expenses	(7,944		)	119			(619		)	—			(8,444		)
Accrued interest	—			(527		)	—			—			(527		)
Accrued salaries and wages	2,882			—			(638		)	—			2,244
Gaming, pari-mutuel, property and other taxes	871			—			(344		)	—			527
Income taxes	(1,441		)	(9,325		)	(6,490		)	(1,498		)	(18,754		)
Other current and noncurrent liabilities	1,585			—			1,292			—			2,877
Net cash provided by (used in) operating activities	548,803			338,567			656,715			(1,270,826		)	273,259
Investing activities
Capital project expenditures, net of reimbursements	(1,613		)	(137,618		)	—			—			(139,231		)
Capital maintenance expenditures	—			—			(3,538		)	—			(3,538		)
Proceeds from sale of property and equipment	—			150			30			—			180
Funding of loan receivable	—			—			(43,000		)	—			(43,000		)
Principal payments on loan receivable	—			—			9,000			—			9,000
Acquisition of real estate	—			—			(140,730		)	—			(140,730		)
Net cash used in investing activities	(1,613		)	(137,468		)	(178,238		)	—			(317,319		)
Financing activities
Dividends paid	(494,104		)	—			—			—			(494,104		)
Proceeds from exercise of options	29,931			—			—			—			29,931
Proceeds from issuance of long-term debt	—			291,950			—			—			291,950
Financing costs	—			(306		)	—			—			(306		)
Payments of long-term debt	—			(32,024		)	—			—			(32,024		)
Intercompany financing	(122,540		)	(677,364		)	(470,922		)	1,270,826			—
Distribution in connection with 2013 Pre-Spin tax matter agreement	(635		)	—			—			—			(635		)
Net cash (used in) provided by financing activities	(587,348		)	(417,744		)	(470,922		)	1,270,826			(205,188		)
Net (decrease) increase in cash and cash equivalents	(40,158		)	(216,645		)	7,555			—			(249,248		)
Cash and cash equivalents at beginning of period	42,801			221,095			21,325			—			285,221
Cash and cash equivalents at end of period	$	2,643		$	4,450		$	28,880		$	—		$	35,973
At December 31, 2013	Parent			Subsidiary			Other			Eliminations			Consolidated
Condensed Consolidating Balance Sheet	Guarantor			Issuers			Subsidiary
							Non-Issuers
	(in thousands)
Assets
Real estate investments, net	$	—		$	2,010,303		$	—		$	—		$	2,010,303
Property and equipment, used in operations, net	25,458			—			113,663			—			139,121
Cash and cash equivalents	42,801			221,095			21,325			—			285,221
Prepaid expenses	1,191			1,834			2,958			—			5,983
Deferred tax assets, current	—			—			1,885			343			2,228
Other current assets	753			15,708			906			—			17,367
Goodwill	—			—			75,521			—			75,521
Other intangible assets	—			—			9,577			—			9,577
Debt issuance costs, net of accumulated amortization of $1,270 at December 31, 2013	—			46,877			—			—			46,877
Loan receivable	—			—			—			—			—
Intercompany transactions and investment in subsidiaries	104,391			208,739			308,157			(621,287		)	—
Other assets	12,880			—			4,161			—			17,041
Total assets	$	187,474		$	2,504,556		$	538,153		$	(620,944	)	$	2,609,239
Liabilities
Accounts payable	$	21,006		$	—		$	391		$	—		$	21,397
Accrued expenses	8,458			—			5,325			—			13,783
Accrued interest	—			18,055			—			—			18,055
Accrued salaries and wages	7,131			—			3,206			—			10,337
Gaming, property, and other taxes	141			17,542			1,106			—			18,789
Deferred tax liabilities, non-current	(4,473		)	12,308			9,421			—			17,256
Other current liabilities	12,782			—			129			—			12,911
Long-term debt	—			2,350,000			—			—			2,350,000
Deferred income taxes	—			—			3,939			343			4,282
Total liabilities	45,045			2,397,905			23,517			343			2,466,810
Shareholders’ equity (deficit)
Common stock ($.01 par value, 550,000,000 shares authorized, 88,659,448 shares issued at December 31, 2013	887			—			—			—			887
Additional paid-in capital	3,651			17,271			162,700			(179,971		)	3,651
Retained earnings (deficit)	137,891			89,380			351,936			(441,316		)	137,891
Total shareholders’ equity (deficit)	142,429			106,651			514,636			(621,287		)	142,429
Total liabilities and shareholders’ (deficit) equity	$	187,474		$	2,504,556		$	538,153		$	(620,944	)	$	2,609,239
Year ended December 31, 2013	Parent			Subsidiary			Other			Eliminations			Consolidated
Condensed Consolidating Statement of Operations	Guarantor			Issuers			Subsidiary
							Non-
							Issuers
	(in thousands)
Revenues
Rental	$	—		$	68,955		$	—		$	—		$	68,955
Real estate taxes paid by tenants	—			7,602			—			—			7,602
Total rental revenue	—			76,557			—			—			76,557
Gaming	—			—			159,352			—			159,352
Food, beverage and other	—			—			12,357			—			12,357
Total revenues	—			76,557			171,709			—			248,266
Less promotional allowances	—			—			(6,137		)	—			(6,137		)
Net revenues	—			76,557			165,572			—			242,129
Operating expenses
Gaming	—			—			89,367			—			89,367
Food, beverage and other	—			—			10,775			—			10,775
Real estate taxes	—			7,602			1,618			—			9,220
General and administrative	19,726			—			23,536			—			43,262
Depreciation	74			14,822			14,027			—			28,923
Total operating expenses	19,800			22,424			139,323			—			181,547
Income from operations	(19,800		)	54,133			26,249			—			60,582
Other income (expenses)
Interest expense	—			(19,254		)	—			—			(19,254		)
Interest income	—			—			1			—			1
Management fee	—			—			(4,203		)	—			(4,203		)
Intercompany dividends and interest	68,955			—			68,955			(137,910		)	—
Total other expenses	68,955			(19,254		)	64,753			(137,910		)	(23,456		)
Income before income taxes	49,155			34,879			91,002			(137,910		)	37,126
Income tax expense	643			7,824			8,829			—			17,296
Net income	$	48,512		$	27,055		$	82,173		$	(137,910	)	$	19,830
Year ended December 31, 2013	Parent			Subsidiary			Other			Eliminations			Consolidated
Condensed Consolidating Statement of Cash Flows	Guarantor			Issuers			Subsidiary
							Non-Issuers
	(in thousands)
Operating activities
Net income	$	48,512		$	27,055		$	82,173		$	(137,910	)	$	19,830
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation	74			14,822			14,027			—			28,923
Amortization of debt issuance costs	—			1,270			—			—			1,270
Gain on sales of property	—			—			(39		)	—			(39		)
Deferred income taxes	—			—			(5,646		)	—			(5,646		)
Stock-based compensation	1,566			—			—			—			1,566
(Increase) decrease,
Prepaid expenses and other current assets	(1,944		)	—			(775		)	1,834			(885		)
Other assets	(662		)	—			—			—			(662		)
Intercompany	2,259			—			(2,259		)	—			—
Increase (decrease),	0			0						0
Accounts payable	20,073			(18,508		)	1,073			—			2,638
Accrued expenses	8,458			—			(462		)	—			7,996
Accrued interest	—			18,055			(839		)	—			17,216
Accrued salaries and wages	2,432			—			(301		)	—			2,131
Gaming, pari-mutuel, property and other taxes	141			—			(148		)	—			(7		)
Income taxes	(4,473		)	12,308			(283		)	(1,834		)	5,718
Other current and noncurrent liabilities	564			—			19			—			583
Net cash provided by (used in) operating activities	77,000			55,002			86,540			(137,910		)	80,632
Investing activities
Capital project expenditures, net of reimbursements	(5,532		)	(7,510		)	844			—			(12,198		)
Capital maintenance expenditures	—			—			(4,230		)	—			(4,230		)
Proceeds from sale of property and equipment	—			—			153			—			153
Funding of loan receivable	—			—			—			—			—
Principal payments on loan receivable	—			—			—			—			—
Acquisition of real estate	—			—			—			—			—
Net cash used in investing activities	(5,532		)	(7,510		)	(3,233		)	—			(16,275		)
Financing activities
Net advances to Penn National Gaming, Inc.	—			—			(6,982		)	—			(6,982		)
Cash distribution to Penn National Gaming, Inc. in connection with Spin-Off	(19,609		)	(1,992,931		)	(77,460		)	—			(2,090,000		)
Dividends paid	—			—			—			—			—
Proceeds from exercise of options	1,431			—			—			—			1,431
Proceeds from issuance of long-term debt	—			2,350,000			—			—			2,350,000
Financing costs	—			(48,147		)	—			—			(48,147		)
Payments of long-term debt	—			—			—			—			—
Intercompany financing	(10,489		)	(135,319		)	7,898			137,910			—
Net cash (used in) provided by financing activities	(28,667		)	173,603			(76,544		)	137,910			206,302
Net increase in cash and cash equivalents	42,801			221,095			6,763			—			270,659
Cash and cash equivalents at beginning of period	—			—			14,562			—			14,562
Cash and cash equivalents at end of period	$	42,801		$	221,095		$	21,325		$	—		$	285,221
Year ended December 31, 2012	Parent			Subsidiary			Other			Eliminations			Consolidated
Condensed Consolidating Statement of Operations	Guarantor			Issuers			Subsidiary
							Non-
							Issuers
	(in thousands)
Revenues
Rental	$	—		$	—		$	—		$	—		$	—
Real estate taxes paid by tenants	—			—			—			—			—
Total rental revenue	—			—			—			—			—
Gaming	—			—			202,581			—			202,581
Food, beverage and other	—			—			15,635			—			15,635
Total revenues	—			—			218,216			—			218,216
Less promotional allowances	—			—			(7,573		)	—			(7,573		)
Net revenues	—			—			210,643			—			210,643
Operating expenses
Gaming	—			—			113,111			—			113,111
Food, beverage and other	—			—			13,114			—			13,114
Real estate taxes	—			—			1,592			—			1,592
General and administrative	—			—			25,068			—			25,068
Depreciation	—			—			14,090			—			14,090
Total operating expenses	—			—			166,975			—			166,975
Income from operations	—			—			43,668			—			43,668
Other income (expenses)
Interest expense	—			—			—			—			—
Interest income	—			—			2			—			2
Management fee	—			—			(6,320		)	—			(6,320		)
Intercompany dividends and interest	—			—			—			—			—
Total other expenses	—			—			(6,318		)	—			(6,318		)
Income before income taxes	—			—			37,350			—			37,350
Income tax expense	—			—			14,431			—			14,431
Net income	$	—		$	—		$	22,919		$	—		$	22,919
Year ended December 31, 2012	Parent			Subsidiary			Other			Eliminations			Consolidated
Condensed Consolidating Statement of Cash Flows	Guarantor			Issuers			Subsidiary
							Non-Issuers
	(in thousands)
Operating activities
Net income	$	—		$	—		$	22,919		$	—		$	22,919
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	—			—			14,090			—			14,090
Amortization of debt issuance costs	—			—			—			—			—
Gain on sales of property	—			—			(142		)	—			(142		)
Deferred income taxes	—			—			(88		)	—			(88		)
Stock-based compensation	—			—			—			—			—
(Increase) decrease,
Prepaid expenses and other current assets	—			—			1,513			—			1,513
Other assets	—			—			—			—			—
Intercompany	—			—			—			—			—
Increase (decrease),	0			0						0
Accounts payable	—			—			(260		)	—			(260		)
Accrued expenses	—			—			(456		)	—			(456		)
Accrued interest	—			—			—			—			—
Accrued salaries and wages	—			—			(394		)	—			(394		)
Gaming, pari-mutuel, property and other taxes	—			—			(250		)	—			(250		)
Income taxes	—			—			(10,162		)	—			(10,162		)
Other current and noncurrent liabilities	—			—			(26		)	—			(26		)
Net cash provided by operating activities	—			—			26,744			—			26,744
Investing activities
Capital project expenditures, net of reimbursements	—			—			(1,930		)	—			(1,930		)
Capital maintenance expenditures	—			—			(3,260		)	—			(3,260		)
Proceeds from sale of property and equipment	—			—			380			—			380
Funding of loan receivable	—			—			—			—			—
Principal payments on loan receivable	—			—			—			—			—
Acquisition of real estate	—			—			—			—			—
Net cash used in investing activities	—			—			(4,810		)	—			(4,810		)
Financing activities
Net advances to Penn National Gaming, Inc.	—			—			(24,518		)	—			(24,518		)
Dividends paid	—			—			—			—			—
Proceeds from exercise of options	—			—			—			—			—
Proceeds from issuance of long-term debt	—			—			—			—			—
Financing costs	—			—			—			—			—
Payments of long-term debt	—			—			—			—			—
Intercompany financing	—			—			—			—			—
Net cash used in financing activities	—			—			(24,518		)	—			(24,518		)
Net decrease in cash and cash equivalents	—			—			(2,584		)	—			(2,584		)
Cash and cash equivalents at beginning of period	—			—			17,146			$	—		17,146
Cash and cash equivalents at end of period	$	—		$	—		$	14,562		$	—		$	14,562

Schedule_III_Real_Estate_Asset

Schedule III Real Estate Assets and Accumulated Depreciation	12 Months Ended
	Dec. 31, 2014
SEC Schedule III, Real Estate and Accumulated Depreciation Disclosure [Abstract]
SEC Schedule III, Real Estate and Accumulated Depreciation Disclosure	SCHEDULE III
	REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION
	December 31, 2014
	(in thousands)
									Initial Cost to Company				Net Capitalized Costs (Retirements) Subsequent to Acquisition			Gross Amount at which Carried at Close of Period										Life on
																										which
																										Depreciation
																										in Latest
																										Income
																								Original		Statement is
																								Date of		Computed
																								Construction /
	Description		Location		Encumbrances				Land and Improvements		Buildings and					Land and Improvements		Buildings and		Total (1)		Accumulated		Renovation	Date Acquired
											Improvements							Improvements				Depreciation
	Rental Properties:
	Hollywood Casino Lawrenceburg		Lawrenceburg, IN		$	—			$	15,251	$	342,393	$	—		$	15,251	$	342,392	$	357,643	$	85,035	1997/2009	11/1/13	31
	Hollywood Casino Aurora		Aurora, IL		—				4,937		98,379		(439		)	4,937		97,940		102,877		48,889		1993/2002/ 2012	11/1/13	30
	Hollywood Casino Joliet		Joliet, IL		—				19,214		101,104		—			19,214		101,104		120,318		38,926		1992/2003/ 2010	11/1/13	31
	Argosy Casino Alton		Alton, IL		—				—		6,462		—			—		6,462		6,462		3,791		1991/1999	11/1/13	31
	Hollywood Casino Toledo		Toledo, OH		—				12,003		144,094		—			12,003		144,093		156,096		13,722		2012	11/1/13	31
	Hollywood Casino Columbus		Columbus, OH		—				38,240		188,543		105			38,267		188,622		226,889		16,004		2012	11/1/13	31
	Hollywood Casino at Charles Town Races		Charles Town, WV		—				35,102		233,069		—			35,102		233,069		268,171		93,991		1997/2010	11/1/13	31
	Hollywood Casino at Penn National Race Course		Grantville, PA		—				25,500		161,810		—			25,500		161,810		187,310		48,052		2008/2010	11/1/13	31
	M Resort		Henderson,  NV		—				66,104		126,689		—			66,104		126,689		192,793		16,525		2009/2012	11/1/13	30
	Hollywood Casino Bangor		Bangor, ME		—				12,883		84,257		—			12,883		84,257		97,140		19,690		2008/2012	11/1/13	31
	Zia Park Casino		Hobbs, NM		—				9,313		38,947		—			9,313		38,947		48,260		12,865		2005	11/1/13	31
	Hollywood Casino Bay St. Louis		Bay St. Louis, MS		—				59,388		87,352		(17		)	59,388		87,335		146,723		36,697		1992/2006/ 2011	11/1/13	40
	Argosy Casino Riverside		Riverside, MO		—				23,468		143,301		—			23,468		143,301		166,769		43,578		1994/2007	11/1/13	37
	Hollywood Casino Tunica		Tunica, MS		—				4,634		42,031		—			4,634		42,031		46,665		20,452		1994/2012	11/1/13	31
	Boomtown Biloxi		Biloxi, MS		—				3,423		63,083		—			3,423		63,083		66,506		34,138		1994/2006	11/1/13	15
	Hollywood Casino St. Louis		Maryland Heights, MO		—				44,198		177,063		—			44,198		177,063		221,261		28,167		1997/2013	11/1/13	13
	Hollywood Casino at Dayton Raceway (2)		Dayton, OH		—				3,211		—		86,288			3,211		86,288		89,499		1,031		2014	11/1/13	31
	Hollywood Casino at Mahoning Valley Race Track (2)		Youngstown, OH		—				5,683		—		94,315			5,833		94,164		99,997		827		2014	11/1/13	31
	Casino Queen		East St. Louis, IL		—				70,716		70,014		—			70,716		70,014		140,730		2,917		1999	1/23/14	31
					$	—			$	453,268	$	2,108,591	$	180,252		$	453,445	$	2,288,664	$	2,742,109	$	565,297
	Headquarters Property:
	GLPI Corporate Office (3)		Wyomissing, PA		$	—			$	736	$	—	$	—		$	736	$	—	$	736	$	—	2014	9/19/14	N/A
					$	—			$	454,004	$	2,108,591	$	180,252		$	454,181	$	2,288,664	$	2,742,845	$	565,297
	(1)	The aggregate cost for federal income tax purposes of the properties listed above was $2.75 billion at December 31, 2014.
	(2)     Hollywood Casino at Dayton Raceway and Hollywood Casino at Mahoning Valley Race Course were jointly developed with Penn National Gaming, Inc. The costs capitalized subsequent to acquisition represent the capital expenditures incurred by the Company subsequent to the transfer of the development properties at Spin-Off. Both properties commenced operations and began paying rent during the year ended December 31, 2014.
	(3)    Excludes the amounts classified as construction in progress, as presented on the real estate investments, net line item of the Company's consolidated balance sheets and detailed in Note 6 to the consolidated financial statements.
	A summary of activity for real estate and accumulated depreciation for the years ended December 31, 2014 and 2013 is as follows:
		Year Ended December 31,
		2014				2013			(1)
	Real Estate:	(in thousands)
	Balance at the beginning of the period	$	2,433,114			$	—
	Amounts contributed from Spin-Off	—				2,433,052
	Acquisitions	140,730				—
	Capital expenditures and assets placed in service	181,404				62
	Dispositions	(12,403		)		—
	Balance at the end of the year	$	2,742,845			$	2,433,114
	Accumulated Depreciation:
	Balance at the beginning of the period	$	(484,488	)		$	—
	Amounts contributed from Spin-Off	—				(469,666		)
	Depreciation expense	(92,750		)		(14,822		)
	Dispositions	11,941				—
	Balance at the end of the year	$	(565,297	)		$	(484,488	)
	(1)	The Company's real estate operations commenced on November 1, 2013, in connection with the Spin-Off. See Note 1 to the consolidated financial statements for further information regarding the Spin-Off.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2014
Accounting Policies [Abstract]
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.
Concentration of Credit Risk	Concentration of Credit Risk
	Concentrations of credit risk 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. As of December 31, 2014, substantially all of the Company's real estate properties were leased to Penn and approximately 97% of the Company's rental revenues were derived from the Master Lease. Revenues from Penn are reported in the Company's GLP Capital, L.P. reportable segment. 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 Securities and Exchange Commission. Penn's net revenues were $2.6 billion for the year ended December 31, 2014 and $2.9 billion for each of the years ended December 31, 2013 and 2012. Other than the Company's tenant concentration, management believes the Company's portfolio was reasonably diversified by geographical location and did not contain any other significant concentrations of credit risk. As of December 31, 2014, the Company's portfolio of 19 leased properties and the TRS properties was diversified by location across 12 states.
	Financial instruments that subject the Company to credit risk consist of cash and cash equivalents, accounts receivable and loans receivable.
	The Company's policy is to limit the amount of credit exposure to any one financial institution and place investments with financial institutions evaluated as being creditworthy, or in short-term money market and tax-free bond funds which are exposed to minimal interest rate and credit risk. At times, the Company has bank deposits and overnight repurchase agreements that exceed federally-insured limits.
Prepaid Expenses and Other Assets	Prepaid Expenses and Other Assets
	Prepaid expenses consist of expenditures for goods (other than inventories) or services before the goods are used or the services are received. These amounts are deferred and charged to operations as the benefits are realized and primarily consist of prepayments for insurance and other contracts that will be expensed during the subsequent year. It also includes property taxes that were paid in advance. Other current assets are items expected to be realized within twelve months of the balance sheet date and primarily consists of accounts receivable, deposits, food and beverage inventory and deferred compensation plan assets (See Note 9 for further details). Other assets are all items that are long-term in nature.
Fair Value of Financial Instruments	Fair Value of Financial Instruments
	The following methods and assumptions are used to estimate the fair value of each class of financial instruments for which it is practicable to estimate:
	Cash and Cash Equivalents
	The fair value of the Company’s cash and cash equivalents approximates the carrying value of the Company’s cash and cash equivalents, due to the short maturity of the cash equivalents.
	Deferred Compensation Plan Assets and Corresponding Liabilities
	The Company's deferred compensation plan assets consist of open-ended mutual funds and as such the fair value measurement of the assets is considered a Level 1 measurement as defined under Accounting Standards Code ("ASC") 820 "Fair Value Measurements and Disclosures." Deferred compensation plan assets are included within other current assets on the consolidated balance sheets. Deferred compensation liabilities approximate the plan's assets and are included with current liabilities on the consolidated balance sheets. The difference between the Company's deferred compensation plan assets and liabilities at both December 31, 2014 and 2013 is related to timing differences between the funding of assets held at the plan trustee and the actual contributions from eligible employees' compensation.
	Loan Receivable
	The fair value of the loan receivable approximates the carrying value of the Company's loan receivable, as collection on the outstanding loan balance is reasonably assured.
	Long-term Debt
	The fair value of the senior unsecured notes and senior unsecured credit facility is estimated based on quoted prices in active markets and as such is a Level 1 measurement.
	The estimated fair values of the Company’s financial instruments are as follows (in thousands):
		31-Dec-14							31-Dec-13
		Carrying				Fair			Carrying			Fair
		Amount				Value			Amount			Value
	Financial assets:
	Cash and cash equivalents	$	35,973			$	35,973		$	285,221		$	285,221
	Deferred compensation plan assets	14,280				14,280			12,685			12,685
	Loan receivable	34,000				34,000			—			—
	Financial liabilities:
	Deferred compensation plan liabilities	14,369				14,369			12,783			12,783
	Long-term debt:
	Senior unsecured credit facility	558,000				535,010			300,000			294,750
	Senior unsecured notes	2,050,000				2,091,000			2,050,000			2,058,750
Real Estate Investments	Real Estate Investments
	The Company records the acquisition of real estate assets at cost, including acquisition and closing costs. The cost of properties developed by the Company include costs of construction, property taxes, interest and other miscellaneous costs incurred during the development period until the project is substantially complete and available for occupancy. The Company considers the period of future benefit of the asset to determine the appropriate useful lives. Depreciation is computed using a straight-line method over the estimated useful lives of the buildings and building improvements which are generally between 10 to 31 years. Additionally, the amortization of real estate assets subject to capital leases is included within the depreciation line item of the Company's consolidated statements of earnings.
	The Company continually monitors events and circumstances that could indicate that the carrying amount of its real estate investments may not be recoverable or realized. When indicators of potential impairment suggest that the carrying value of a real estate investment may not be recoverable, the Company estimates the fair value of the investment by calculating the undiscounted future cash flows from the use and eventual disposition of the investment. This amount is compared to the asset's carrying value. If the Company determines the carrying amount is not recoverable, it would recognize an impairment charge equivalent to the amount required to reduce the carrying value of the asset to its estimated fair value, calculated in accordance with GAAP fair value provisions. The Company groups its real estate investments by tenant in evaluating impairment. In assessing the recoverability of the carrying value, the Company must make assumptions regarding future cash flows and other factors. The factors considered by the Company in performing this assessment include current operating results, market and other applicable trends and residual values, as well as the effect of obsolescence, demand, competition and other factors. If these estimates or the related assumptions change in the future, the Company may be required to record an impairment loss.
Property and Equipment Used in Operations	Property and Equipment Used in Operations
	Property and equipment are stated at cost, less accumulated depreciation and represent assets used by the Company's TRS operations and certain corporate assets. 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		15 years
	Building and improvements		5 to 31 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 upon the estimated undiscounted future cash flows expected to result from its use and eventual disposition. If the Company determines the carrying amount is not recoverable, it would recognize an impairment charge equivalent to the amount required to reduce the carrying value of the asset to its estimated fair value, calculated in accordance with GAAP fair value provisions. 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. The factors considered by the Company in performing this assessment include current operating results, market and other applicable trends and residual values, as well as the effect of obsolescence, demand, competition 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 both December 31, 2014 and 2013, the Company had $75.5 million of goodwill and $9.6 million of other intangible assets within its consolidated balance sheets, resulting from the contribution of Hollywood Casino Baton Rouge and Hollywood Casino Perryville in connection with the Spin-Off. The Company's goodwill resides on the books of its Hollywood Casino Baton Rouge subsidiary, while the other intangible asset represents a gaming license on the books of its Hollywood Casino Perryville subsidiary. Both subsidiaries are members of the TRS Properties segment and are considered separate reporting units under ASC 350, "Intangibles - Goodwill and Other" ("ASC 350"). Goodwill is tested at the reporting unit level, which is an operating segment or one level below an operating segment for which discrete financial information is available.
	Under ASC 350, the Company is required to test goodwill for impairment at least annually and whenever events or circumstances indicate that it is more likely than not that goodwill may be impaired. The Company has elected to perform its annual goodwill impairment test as of October 1 of each year. ASC 350 prescribes a two-step goodwill impairment test, the first step which involves the determination of the fair value of each reporting unit and its comparison to the carrying amount. If the carrying amount exceeds the fair value in step 1, 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 to the reporting unit, an impairment loss is recognized.
	In accordance with ASC 350, the Company considers its Hollywood Casino Perryville gaming license an indefinite-lived 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 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. Hollywood Casino Perryville's gaming license will expire in September 2025, fifteen years from the casino's opening date. The Company expects to expense any costs related to the gaming license renewal as incurred.
	We assessed the fair value of our gaming license using the Greenfield Method under the income approach. The Greenfield Method estimates the fair value of the gaming license assuming the Company built a casino with similar unity to that of the existing facility. The method assumes a theoretical start-up company going into business without any assets other than the intangible asset being valued. As such the value of the license is a function of the following items:
	•	Projected revenues and operating cash flows;
	•	Theoretical construction costs and duration;
	•	Pre-opening expenses;
	•	Discounting that reflects the level of risk associated with receiving future cash flows attributable to the license; and
	•	Remaining useful life of the license
	The evaluation of goodwill and indefinite-lived intangible assets requires the use of estimates about future operating results to determine the estimated fair value of the reporting unit and the indefinite-lived intangible assets. The Company must make various assumptions and estimates in performing its impairment testing. The implied fair value includes estimates of future cash flows that are based on reasonable and supportable assumptions which represent the Company's best estimates of the cash flows expected to result from the use of the assets. Changes in estimates, increases in the Company's cost of capital, reductions in transaction multiples, changes in operating and capital expenditure assumptions or application of alternative assumptions and definitions could produce significantly different results. Future cash flow estimates are, by their nature, subjective and actual results may differ materially from the Company's estimates. If the Company's ongoing estimates of future cash flows are not met, the Company may have to record additional impairment charges in future accounting periods. The Company's estimates of cash flows are based on the current regulatory and economic climates, as well as recent operating information and budgets. These estimates could be negatively impacted by changes in federal, state or local regulations, economic downturns, or other events.
	Forecasted cash flows can be significantly impacted by the local economy in which the Company's subsidiaries operate. For example, increases in unemployment rates can result in decreased customer visitations and/or lower customer spend per visit. In addition, new legislation which approves gaming in nearby jurisdictions or further expands gaming in jurisdictions can result in increased competition for the property. This generally has a negative effect on profitability once competitors become established, as a certain level of cannibalization occurs absent an overall increase in customer visitations. Lastly, increases in gaming taxes approved by state regulatory bodies can negatively impact forecasted cash flows.
	Assumptions and estimates about future cash flow levels are complex and subjective. They are sensitive to changes in underlying assumptions and can be affected by a variety of factors, including external factors, such as industry, geopolitical and economic trends, and internal factors, such as changes in the Company's business strategy, which may reallocate capital and resources to different or new opportunities which management believes will enhance the Company's overall value but may be to the detriment of its existing operations.
	The Company determined the fair value of its goodwill and gaming license as of October 1, 2014 utilizing the forecasted cash flow methods described above and compared these values to the carrying value of the assets on its balance sheet. In determining the fair value of each asset, the Company incorporated recent operating trends of both TRS properties, as well as the expected impact of the recent opening of the Horseshoe Casino Baltimore in August 2014 and the anticipated opening of new casino in Prince George's County during the second half of 2016 on Hollywood Casino Perryville into its current year projections. After consideration of these facts, the fair value of both assets exceeded their carrying amounts, and as of October 1, 2014, the Company's goodwill and gaming license were not impaired.
Debt Issuance Costs	Debt Issuance Costs
	Debt issuance costs that are incurred by the Company in connection with the issuance of debt are deferred and amortized to interest expense over the contractual term of the underlying indebtedness.
Comprehensive Income	Comprehensive Income
	Comprehensive income includes net income and all other non-owner changes in shareholders’ equity during a period. The Company did not have any non-owner changes in shareholders’ equity for the years ended December 31, 2014, 2013 and 2012 and comprehensive income for the years ended December 31, 2014, 2013 and 2012 was equivalent to net income for those time periods.
Income Taxes	Income Taxes
	The TRS Properties are able to engage in activities resulting in income that would not be qualifying income for a REIT. As a result, certain activities of the Company which occur within its TRS Properties are subject to federal and state 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 for the years ended December 31, 2014, 2013 and 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 consolidated 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 consolidated statements of income. During the year ended December 31, 2014, the Company recognized $18 thousand of penalties and interest, net of deferred income taxes. During the years ended December 31, 2013 and 2012, the Company did not recognize any interest and penalties, net of deferred income taxes.
	The Company intends to elect on its U.S. federal income tax return for its taxable year beginning on January 1, 2014 to be treated as a REIT and the Company, together with an indirectly wholly-owned subsidiary of the Company, GLP Holdings, Inc., intend to jointly elect to treat each of GLP Holdings, Inc., Louisiana Casino Cruises, Inc. and Penn Cecil Maryland, Inc. as a "taxable REIT subsidiary" effective on the first day of the first taxable year of GLPI as a REIT. The Company intends to continue to be organized and to operate in a manner that will permit the Company to qualify as a REIT. To qualify as a REIT, the Company must meet certain organizational and operational requirements, including a requirement to distribute at least 90% of its annual REIT taxable income to shareholders. As a REIT, the Company generally will not be subject to federal income tax on income that it distributes as dividends to its shareholders. If the Company fails to qualify as a REIT in any taxable year, it will be subject to U.S. federal income tax, including any applicable alternative minimum tax, on its taxable income at regular corporate income tax rates, and dividends paid to its shareholders would not be deductible by the Company in computing taxable income. Any resulting corporate liability could be substantial and could materially and adversely affect the Company's net income and net cash available for distribution to shareholders. Unless the Company was entitled to relief under certain Internal Revenue Code provisions, the Company also would be disqualified from re-electing to be taxed as a REIT for the 4 taxable years following the year in which it failed to qualify to be taxed as a REIT.
Revenue Recognition and Promotional Allowances	Revenue Recognition and Promotional Allowances
	The Company recognizes rental revenue from tenants, including rental abatements, lease incentives and contractually fixed increases attributable to operating leases, on a straight-line basis over the term of the related leases when collectability is reasonably assured. Contingent rental income is recognized once the lessee achieves the specified target. Recognition of rental income commences when control of the facility has been transferred to the tenant.
	As of December 31, 2014, all but one of the Company’s real estate investment properties were leased to a subsidiary of Penn under the Master Lease. The obligations under the Master Lease are guaranteed by Penn and by most Penn subsidiaries that occupy and operate the facilities leased under the Master Lease. A default by Penn or its subsidiaries with regard to any facility will cause a default with regard to the Master Lease. In January 2014, GLPI completed the asset acquisition of Casino Queen in East St. Louis, Illinois. GLPI subsequently leased the property back to Casino Queen on a "triple net" basis on terms similar to those in the Master Lease.
	The rent structure under the Master Lease with Penn includes a fixed component, a portion of which is subject to an annual 2% escalator if certain rent coverage ratio thresholds are met, and a component that is based on the performance of the facilities, which is adjusted, subject to certain floors (i) every five years by an amount equal to 4% of the average change to net revenues of all facilities under the Master Lease (other than Hollywood Casino Columbus and Hollywood Casino Toledo) during the preceding five years, and (ii) monthly by an amount equal to 20% of the change in net revenues of Hollywood Casino Columbus and Hollywood Casino Toledo during the preceding month. In addition to rent, all properties under the Master Lease with Penn are required to pay the following: (1) all facility maintenance, (2) all insurance required in connection with the leased properties and the business conducted on the leased properties, (3) taxes levied on or with respect to the leased properties (other than taxes on the income of the lessor) and (4) all utilities and other services necessary or appropriate for the leased properties and the business conducted on the leased properties.
	The rent structure under the Casino Queen lease also includes a fixed component, a portion of which is subject to an annual 2% escalator if certain rent coverage ratio thresholds are met, and a component that is based on the performance of the facility, which is reset every five years to a fixed amount equal to the greater of (i) the annual amount of non-fixed rent applicable for the lease year immediately preceding such rent reset year and (ii) an amount equal to 4% of the average annual net revenues of the facility for the trailing five year period. Similar to Master Lease, the tenant is responsible for all executory charges described in the above paragraph.
	As of December 31, 2014, the future minimum rental income from the Company's properties under non-cancelable operating leases was as follows (in thousands):
	Year ending December 31,
	2015	$	405,743
	2016	405,743
	2017	406,243
	2018	398,622
	2019	360,517
	Thereafter	3,188,424
	Total	$	5,165,292
	For the years ended December 31, 2014 and 2013, GLPI recognized $40.5 million and $6.7 million, respectively, in contingent rental income from Hollywood Casino Columbus and Hollywood Casino Toledo related to clause (ii) in the paragraph above. The expected future minimum rental income from these properties, as well as the portion of the rent based on the performance of the other facilities under the Master Lease that is reset in Year 5 (November 1, 2018) of the lease are excluded from the table above as they are considered contingent rental income under ASC 840 "Leases."
	Additionally, in accordance with ASC 605, "Revenue Recognition," the Company records revenue for the real estate taxes paid by its tenants on the leased properties with an offsetting expense in real estate taxes within the consolidated statement of income as the Company has concluded it is the primary obligor.
	Gaming revenue generated by the TRS Properties mainly consists of video lottery gaming revenue and to a lesser extent, table game and poker revenue. Video lottery gaming revenue 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), and 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 consolidated statements of income for the years ended December 31, 2014, 2013 and 2012:
		Year Ended December 31,
		2014				2013			2012
		(in thousands)
	Video lottery	$	127,572			$	138,803		$	189,808
	Table game	19,120				18,096			11,891
	Poker	1,591				2,453			882
	Total gaming revenue, net of cash incentives	$	148,283			$	159,352		$	202,581
	Gaming revenue is 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 years ended December 31, 2014, 2013 and 2012 are as follows:
		Year Ended December 31,
		2014				2013			2012
		(in thousands)
	Food and beverage	$	5,732			$	5,970		$	6,806
	Other	41				167			767
	Total promotional allowances	$	5,773			$	6,137		$	7,573
	The estimated cost of providing such complimentary services, which is primarily included in food, beverage, and other expense, for the years ended December 31, 2014, 2013 and 2012 are as follows:
		Year Ended December 31,
		2014				2013			2012
		(in thousands)
	Food and beverage	$	2,766			$	2,907		$	3,319
	Other	15				86			384
	Total cost of complimentary services	$	2,781			$	2,993		$	3,703
Gaming and Admission Taxes	Gaming and Admission Taxes
	For the TRS Properties, the Company is subject to gaming and admission 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 where wagering occurs. At Hollywood Casino Baton Rouge, the gaming and admission tax is based on graduated tax rates. At Hollywood Casino Perryville the gaming and admission tax rate is flat. The Company records gaming and admission 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 and admission tax rates change during the year, such changes are applied prospectively in the determination of gaming tax expense in future interim periods.  For the years ended December 31, 2014, 2013 and 2012, these expenses, which are primarily recorded within gaming expense in the consolidated statements of income, totaled $66.8 million, $71.6 million and $94.9 million, respectively
Earnings Per Share	Earnings Per Share
	The Company calculates earnings per share ("EPS") in accordance with ASC 260, "Earnings Per Share." Basic EPS is computed by dividing net income applicable to common stock by the weighted-average number of common shares outstanding during the period, excluding net income attributable to participating securities (unvested restricted stock awards). Diluted EPS reflects the additional dilution for all potentially-dilutive securities such as stock options, unvested restricted shares and unvested performance-based restricted shares. Basic and diluted EPS for the year ended December 31, 2012 were retroactively restated for the number of GLPI basic and diluted shares outstanding immediately following the Spin-Off and to include the shares issued as part of the purging distribution dividend paid to its shareholders to distribute any accumulated earnings and profits relating to the real property assets and attributable to any pre-REIT years.
	The following table reconciles the weighted-average common shares outstanding used in the calculation of basic EPS to the weighted-average common shares outstanding used in the calculation of diluted EPS for the years ended December 31, 2014, 2013 and 2012 (in thousands):
		Year Ended December 31,
		2014			2013			2012
	Determination of shares:
	Weighted-average common shares outstanding	112,037			110,617			110,582
	Assumed conversion of dilutive employee stock-based awards	5,340			4,924			4,703
	Assumed conversion of restricted stock	209			324			318
	Assumed conversion of performance-based restricted stock awards	—			—			—
	Diluted weighted-average common shares outstanding	117,586			115,865			115,603
	The following table presents the calculation of basic and diluted EPS for the Company’s common stock for the years ended December 31, 2014, 2013 and 2012:
		Year Ended December 31,
		2014				2013			2012
	Calculation of basic EPS:
	Net income	$	185,384			$	19,830		$	22,919
	Less: Net income allocated to participating securities	(772		)		(75		)	(86		)
	Net income attributable to common shareholders	$	184,612			$	19,755		$	22,833
	Weighted-average common shares outstanding	112,037				110,617			110,582
	Basic EPS	$	1.65			$	0.18		$	0.21
	Calculation of diluted EPS:
	Net income	$	185,384			$	19,830		$	22,919
	Diluted weighted-average common shares outstanding	117,586				115,865			115,603
	Diluted EPS	$	1.58			$	0.17		$	0.2
	Options to purchase 17,917 shares were outstanding during the year ended December 31, 2014 but were not included in the computation of diluted EPS because of being antidilutive. There were no outstanding options to purchase shares of common stock during the years ended December 31, 2013 and 2012 that were not included in the computation of diluted EPS because of being antidilutive. Performance-based restricted stock awards were excluded from the computation of diluted EPS for the year ended December 31, 2014 because at the end of the reporting period no contingent shares were issuable based upon the terms of the awards.
Stock-Based Compensation	Stock-Based Compensation
	The Company's 2013 Long Term Incentive Compensation Plan (the "2013 Plan") provides for the Company to issue stock options (incentive and/or non-qualified), stock appreciation rights ("SARs"), restricted stock awards, including performance-based restricted stock awards, phantom stock units ("PSUs") and other equity or cash based awards to employees. Any director, employee or consultant shall be eligible to receive such awards.
	The Company accounts for stock compensation under ASC 718, "Compensation - Stock Compensation," which requires the Company to expense the cost of employee services received in exchange for an award of equity instruments based on the grant-date fair value of the award. This expense is recognized ratably over the requisite service period following the date of grant. The fair value for stock options is estimated at the date of grant using the Black-Scholes option-pricing model. The fair value of the Company's time-based restricted stock awards is equivalent to the closing stock price on the day of grant. The Company utilizes a third party valuation firm to measure the fair value of performance-based restricted stock awards at grant date using the Monte Carlo model.
	Additionally, the cash-settled PSUs entitle employees to receive cash based on the fair value of the Company’s common stock on the vesting date. These PSUs are accounted for as liability awards and are re-measured at fair value each reporting period until they become vested with compensation expense being recognized over the requisite service period in accordance with ASC 718-30, "Compensation-Stock Compensation, Awards Classified as Liabilities."
	In addition, the Company’s cash-settled SARs are accounted for as liability awards. The fair value of these awards is calculated during each reporting period and estimated using the Black-Scholes option pricing model.
	In connection with the Spin-Off, each outstanding option and cash settled SAR with respect to Penn common stock outstanding on the distribution date was converted into two awards, an adjusted Penn option and a GLPI option, or, in the case of the SARs, an adjusted Penn SAR and a GLPI SAR. The adjustment preserved the aggregate intrinsic value of the options and SARs. Additionally, in connection with the Spin-Off, holders of outstanding restricted stock and PSUs with respect to Penn common stock became entitled to an additional share of restricted stock or PSU with respect to GLPI common stock for each share of Penn restricted stock or PSU held.
	The adjusted options and SARs, as well as the restricted stock awards and PSUs, otherwise remain subject to their original terms, except that for purposes of the adjusted Penn awards (including in determining exercisability and the post-termination exercise period), continued service with GLPI following the distribution date shall be deemed continued service with Penn; and for purposes of the GLPI awards (including in determining exercisability and the post-termination exercise period), continued service with Penn following the distribution date shall be deemed continued service with GLPI.
	The unrecognized compensation relating to both Penn and GLPI’s stock options, SARs, restricted stock awards, performance-based restricted stock awards and PSUs held by GLPI employees will be amortized to expense over the awards’ remaining vesting periods.
	See Note 12 for further information related to the stock-based compensation.
Segment Information	Segment Information
	Consistent with how the Company’s Chief Operating Decision Maker reviews and assesses the Company’s financial performance, the Company has two reportable segments, GLP Capital, L.P. (a wholly-owned subsidiary of GLPI through which GLPI owns substantially all of its real estate assets) ("GLP Capital") and the TRS Properties. The GLP Capital reportable segment consists of the leased real property and represents the majority of the Company’s business. The TRS Properties reportable segment consists of Hollywood Casino Perryville and Hollywood Casino Baton Rouge. See Note 13 for further information with respect to the Company’s segments.
Statements of Cash Flows	Statements of Cash Flows
	The Company has presented the consolidated statements of cash flows using the indirect method, which involves the reconciliation of net income to net cash flow from operating activities.
Certain Risks and Uncertainties	Certain Risks and Uncertainties
	The Company is dependent on Penn (including its subsidiaries), who is the lessee of substantially all of the Company's properties pursuant to the Master Lease and accounts for a significant portion of its revenues. The inability or unwillingness of Penn to meet its subsidiary's rent obligations and other obligations under the Master Lease could materially adversely affect the Company's business, financial position or results of operations, including the Company's ability to pay dividends to its shareholders as required to maintain its status as a REIT. For these reasons, if Penn were to experience a material adverse effect on its gaming business, financial position or results of operations, the Company's business, financial position or results of operations could also be materially adversely affected.
	The Company's operations are also dependent on its continued licensing by state gaming commissions of its gaming tenants and operators. The loss of a license could have an adverse effect on future results of operations. Additionally, the Company is dependent on the local market in which its gaming tenants and operators operate for a significant number of its patrons and revenues. If economic conditions in these areas deteriorate or additional gaming licenses are awarded in these markets, the Company's results of operations could be adversely affected. Furthermore, the Company is dependent upon a stable gaming tax structure in the locations that its gaming tenants and operators operate in. Any change in the tax structure could have an adverse effect on future results of operations.

Business_and_Basis_of_Presenta1

Business and Basis of Presentation (Tables)	12 Months Ended
	Dec. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Assets and Liabilities Contributed through Spin-Off	The assets and liabilities contributed to GLPI from Penn were as follows (in thousands):
	Prepaid expenses	$	2,766
	Current deferred income tax assets	4,358
	Property and equipment, net	2,024,572
	Other assets	16,245
	Accrued expenses	(5,656		)
	Other current liabilities	(12,219		)
	Deferred income tax liabilities	(6,493		)
	Net contribution	$	2,023,573

Summary_of_Significant_Account2

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2014
Accounting Policies [Abstract]
Schedule of estimated fair values of financial instruments	The estimated fair values of the Company’s financial instruments are as follows (in thousands):
		31-Dec-14							31-Dec-13
		Carrying				Fair			Carrying			Fair
		Amount				Value			Amount			Value
	Financial assets:
	Cash and cash equivalents	$	35,973			$	35,973		$	285,221		$	285,221
	Deferred compensation plan assets	14,280				14,280			12,685			12,685
	Loan receivable	34,000				34,000			—			—
	Financial liabilities:
	Deferred compensation plan liabilities	14,369				14,369			12,783			12,783
	Long-term debt:
	Senior unsecured credit facility	558,000				535,010			300,000			294,750
	Senior unsecured notes	2,050,000				2,091,000			2,050,000			2,058,750
Schedule of property, plant and equipment, useful lives	Depreciation of property and equipment is recorded using the straight-line method over the following estimated useful lives:
	Land improvements		15 years
	Building and improvements		5 to 31 years
	Furniture, fixtures, and equipment		3 to 31 years
Schedule of future minimum lease payments receivable from operating leases	As of December 31, 2014, the future minimum rental income from the Company's properties under non-cancelable operating leases was as follows (in thousands):
	Year ending December 31,
	2015	$	405,743
	2016	405,743
	2017	406,243
	2018	398,622
	2019	360,517
	Thereafter	3,188,424
	Total	$	5,165,292
Schedule of the components of gaming revenue	The following table discloses the components of gaming revenue within the consolidated statements of income for the years ended December 31, 2014, 2013 and 2012:
		Year Ended December 31,
		2014				2013			2012
		(in thousands)
	Video lottery	$	127,572			$	138,803		$	189,808
	Table game	19,120				18,096			11,891
	Poker	1,591				2,453			882
	Total gaming revenue, net of cash incentives	$	148,283			$	159,352		$	202,581
Schedule of amounts included in promotional allowances	The amounts included in promotional allowances for the years ended December 31, 2014, 2013 and 2012 are as follows:
		Year Ended December 31,
		2014				2013			2012
		(in thousands)
	Food and beverage	$	5,732			$	5,970		$	6,806
	Other	41				167			767
	Total promotional allowances	$	5,773			$	6,137		$	7,573
Schedule of the estimated cost of providing complimentary services	The estimated cost of providing such complimentary services, which is primarily included in food, beverage, and other expense, for the years ended December 31, 2014, 2013 and 2012 are as follows:
		Year Ended December 31,
		2014				2013			2012
		(in thousands)
	Food and beverage	$	2,766			$	2,907		$	3,319
	Other	15				86			384
	Total cost of complimentary services	$	2,781			$	2,993		$	3,703
Schedule of reconciliation of the weighted-average common shares outstanding used in the calculation of basic EPS to the weighted-average common shares outstanding used in the calculation of diluted EPS	The following table reconciles the weighted-average common shares outstanding used in the calculation of basic EPS to the weighted-average common shares outstanding used in the calculation of diluted EPS for the years ended December 31, 2014, 2013 and 2012 (in thousands):
		Year Ended December 31,
		2014			2013			2012
	Determination of shares:
	Weighted-average common shares outstanding	112,037			110,617			110,582
	Assumed conversion of dilutive employee stock-based awards	5,340			4,924			4,703
	Assumed conversion of restricted stock	209			324			318
	Assumed conversion of performance-based restricted stock awards	—			—			—
	Diluted weighted-average common shares outstanding	117,586			115,865			115,603
Schedule of calculation of basic and diluted EPS for the Company's common stock	The following table presents the calculation of basic and diluted EPS for the Company’s common stock for the years ended December 31, 2014, 2013 and 2012:
		Year Ended December 31,
		2014				2013			2012
	Calculation of basic EPS:
	Net income	$	185,384			$	19,830		$	22,919
	Less: Net income allocated to participating securities	(772		)		(75		)	(86		)
	Net income attributable to common shareholders	$	184,612			$	19,755		$	22,833
	Weighted-average common shares outstanding	112,037				110,617			110,582
	Basic EPS	$	1.65			$	0.18		$	0.21
	Calculation of diluted EPS:
	Net income	$	185,384			$	19,830		$	22,919
	Diluted weighted-average common shares outstanding	117,586				115,865			115,603
	Diluted EPS	$	1.58			$	0.17		$	0.2

Real_Estate_Investments_Tables

Real Estate Investments (Tables)	12 Months Ended
	Dec. 31, 2014
Real Estate [Abstract]
Schedule of Real Estate Investments, Net	Real estate investments, net, represents investments in 19 rental properties and the corporate headquarters building and is summarized as follows:
		December 31,			December 31,
		2014			2013
		(in thousands)
	Land and improvements	$	454,181		$	382,581
	Building and improvements	2,288,664			2,050,533
	Construction in progress	2,576			61,677
	Total real estate investments	2,745,421			2,494,791
	Less accumulated depreciation	(565,297		)	(484,488		)
	Real estate investments, net	$	2,180,124		$	2,010,303

Property_and_Equipment_Used_in1

Property and Equipment Used in Operations (Tables)	12 Months Ended
	Dec. 31, 2014
Property, Plant and Equipment [Abstract]
Schedule of Property and Equipment Used in Operations, Net	Property and equipment used in operations, net, consists of the following and primarily represents the assets utilized in the TRS:
		December 31,			December 31,
		2014			2013
		(in thousands)
	Land and improvements	$	31,595		$	27,586
	Building and improvements	116,867			115,888
	Furniture, fixtures, and equipment	103,612			101,288
	Construction in progress	724			203
	Total property and equipment	252,798			244,965
	Less accumulated depreciation	(118,770		)	(105,844		)
	Property and equipment, net	$	134,028		$	139,121

Longterm_Debt_Tables

Long-term Debt (Tables)	12 Months Ended
	Dec. 31, 2014
Debt Disclosure [Abstract]
Schedule of Long-Term Debt	Long-term debt, net of current maturities is as follows:
		December 31,			December 31,
		2014			2013
		(in thousands)
	Senior unsecured credit facility	$	558,000		$	300,000
	$550 million 4.375% senior unsecured notes due November 2018	550,000			550,000
	$1,000 million 4.875% senior unsecured notes due November 2020	1,000,000			1,000,000
	$500 million 5.375% senior unsecured notes due November 2023	500,000			500,000
	Capital lease	1,487			—
	Total long-term debt	2,609,487			2,350,000
	Less current maturities of long-term debt	(81		)	—
	Long-term debt, net of current maturities	$	2,609,406		$	2,350,000
Schedule of Future Minimum Repayments of Long-Term Debt	The following is a schedule of future minimum repayments of long-term debt as of December 31, 2014 (in thousands):
	2015	$	81
	2016	119
	2017	107
	2018	1,108,113
	2019	118
	Thereafter	1,500,949
	Total minimum payments	$	2,609,487

Commitments_and_Contingencies_

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
Schedule of Future Minimum Rental Payments for Operating Leases	The future minimum lease commitments relating to the base lease rent portion of noncancelable operating leases at December 31, 2014 are as follows (in thousands):
	Year ending December 31,
	2015	$	1,528
	2016	1,520
	2017	1,533
	2018	1,531
	2019	1,089
	Thereafter	44,320
	Total	$	51,521

Income_Taxes_Tables

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Schedule of Deferred Tax Assets and Liabilities	The components of the Company's deferred tax assets and liabilities, related to its TRS, are as follows:
	Year ended December 31,	2014				2013
		(in thousands)
	Deferred tax assets:
	Accrued expenses	$	2,015			$	2,228
	Property and equipment	679				—
	Net deferred tax assets	2,694				2,228
	Deferred tax liabilities:
	Property and equipment	(336		)		(3,459		)
	Intangibles	(1,107		)		(823		)
	Net deferred tax liabilities	(1,443		)		(4,282		)
	Net:	$	1,251			$	(2,054	)
Schedule of Components of Income Tax Expense	The provision for income taxes charged to operations for years ended December 31, 2014, 2013 and 2012 was as follows:
	Year ended December 31,	2014				2013				2012
		(in thousands)
	Current tax expense
	Federal	$	4,415			$	19,429			$	12,216
	State	2,303				3,513				2,303
	Total current	6,718				22,942				14,519
	Deferred tax (benefit) expense
	Federal	(2,680		)		(7,624		)		64
	State	(625		)		1,978				(152		)
	Total deferred	(3,305		)		(5,646		)		(88		)
	Total provision	$	3,413			$	17,296			$	14,431
Schedules of Effective Income Tax Rate Reconciliations	The following tables reconcile the statutory federal income tax rate to the actual effective income tax rate for the years ended December 31, 2014, 2013 and 2012:
	Year ended December 31,	2014			2013			2012
	Percent of pretax income
	U.S. federal statutory income tax rate	35	%		35	%		35	%
	State and local income taxes	0.5	%		10.4	%		3	%
	Nondeductible transaction costs	—	%		7.5	%		—	%
	REIT conversion benefit	(32.6	)%		(5.3	)%		—	%
	Permanent differences	—	%		(0.8	)%		0.1	%
	Other miscellaneous items	(1.1	)%		(0.2	)%		0.5	%
		1.8	%		46.6	%		38.6	%
	Year ended December 31,	2014				2013				2012
		(in thousands)
	Amount based upon pretax income
	U.S. federal statutory income tax	$	66,079			$	12,994			$	13,073
	State and local income taxes	964				3,840				1,126
	Nondeductible transaction costs	—				2,793				—
	REIT conversion benefit	(61,484		)		(1,959		)		—
	Permanent differences	52				(268		)		30
	Other miscellaneous items	(2,198		)		(104		)		202
		$	3,413			$	17,296			$	14,431

Dividends_Tables

Dividends (Tables)	12 Months Ended
	Dec. 31, 2014
Dividends [Abstract]
Dividends Classification	A summary of the Company's common stock distributions for the year ended December 31, 2014 is as follows:
	Qualified dividends	$	12.24
	Non-qualified dividends	1.9
	Capital gains	0.16
	Non-taxable return of capital	0.02
	Total distributions per common share	$	14.32
	Percentage classified as qualified dividends	85.47		%
	Percentage classified as non-qualified dividends	13.27		%
	Percentage classified as capital gains	1.12		%
	Percentage classified as non-taxable return of capital	0.14		%
		100		%

StockBased_Compensation_Tables

Stock-Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-based Compensation, Stock Options Activity	The following tables contain information on stock options issued and outstanding for the year ended December 31, 2014 :
			Number of		Weighted-		Weighted-		Aggregate
			Option Shares		Average		Average		Intrinsic Value
					Exercise		Remaining		(in thousands)
					Price		Contractual
							Term (in years)
	Outstanding at December 31, 2013 (1)		13,662,842		$	18.42
	Exercised		(2,330,848	)	16.24
	Canceled		(170,152	)	21.47
	Outstanding at December 31, 2014		11,161,842		$	18.83	2.37		$	119,233
	(1)	The number of outstanding stock options and the weighted average exercise price of these options was adjusted for the period ended December 31, 2013, as part of the Purging Distribution. The number of stock options outstanding at December 31, 2013 includes 3,324,389 shares resulting from the distribution.
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding and Exercisable
		Exercise Price Range									Total
		$10.22 to $15.39			$15.78 to $23.68		$23.72 to $35.87				$10.22 to $35.87
	Outstanding options
	Number outstanding	1,121,623			8,855,409		1,184,810				11,161,842
	Weighted-average remaining contractual life (years)	1.03			2.58		2.06				2.37
	Weighted-average exercise price	$	12.45		$	18.88	$	24.5			$	18.83
	Exercisable options
	Number outstanding	1,121,623			7,474,418		1,174,898				9,770,939
	Weighted-average exercise price	$	12.45		$	18.38	$	24.49			$	18.44
Schedule of Share-based Compensation, Restricted Stock Awards Activity	The following table contains information on restricted stock award activity for the year ended December 31, 2014:
		Number of
		Award
		Shares
	Outstanding at December 31, 2013 (1)	525,328
	Granted	240,149
	Released	(237,618	)
	Canceled	(59,018	)
	Outstanding at December 31, 2014	468,841
	(1)	The number of outstanding restricted stock awards was adjusted for the period ended December 31, 2013, as part of the Purging Distribution. The number of restricted awards outstanding at December 31, 2013 includes 106,261 shares resulting from the distribution.
Share-based Compensation, Performance-Based Restricted Stock Awards Activity	The following table contains information on performance-based restricted stock award activity for the year ended December 31, 2014:
		Number of  Performance-Based Award Shares
	Outstanding at December 31, 2013	—
	Granted	613,556
	Released	—
	Canceled	(70,000	)
	Outstanding at December 31, 2014	543,556

Segment_Information_Tables

Segment Information (Tables)	12 Months Ended
	Dec. 31, 2014
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment	The following tables present certain information with respect to the Company’s segments. Intersegment revenues between the Company’s segments were not material in any of the periods presented below.
		GLP Capital (1)			TRS Properties			Eliminations (2)			Total
		(in thousands)
	For the year ended December 31, 2014
	Net revenues	$	481,821		$	154,124		$	—		$	635,945
	Income from operations	279,848			23,535			—			303,383
	Interest, net	114,588			10,406			(10,408		)	114,586
	Income before income taxes	175,668			13,129			—			188,797
	Income tax (benefit) expense	(1,489		)	4,902			—			3,413
	Net income	177,157			8,227			—			185,384
	Depreciation	94,582			12,261			—			106,843
	Capital project expenditures, net of reimbursements	139,231			—			—			139,231
	Capital maintenance expenditures	—			3,538			—			3,538
	For the year ended December 31, 2013
	Net revenues	$	76,557		$	165,572		$	—		$	242,129
	Income from operations	34,333			26,249			—			60,582
	Interest, net	19,254			(1		)	—			19,253
	Income before income taxes	15,079			22,047			—			37,126
	Income tax expense	8,467			8,829			—			17,296
	Net income	6,612			13,218			—			19,830
	Depreciation	14,896			14,027			—			28,923
	Capital project expenditures, net of reimbursements	13,042			(844		)	—			12,198
	Capital maintenance expenditures	—			4,230			—			4,230
	For the year ended December 31, 2012
	Net revenues	$	—		$	210,643		$	—		$	210,643
	Income from operations	—			43,668			—			43,668
	Interest, net	—			(2		)	—			(2		)
	Income before income taxes	—			37,350			—			37,350
	Income tax expense	—			14,431			—			14,431
	Net income	—			22,919			—			22,919
	Depreciation	—			14,090			—			14,090
	Capital project expenditures, net of reimbursements	—			1,930			—			1,930
	Capital maintenance expenditures	—			3,260			—			3,260
	Balance sheet at December 31, 2014
	Total assets	$	2,335,472		$	229,108		$	—		$	2,564,580
	Balance sheet at December 31, 2013
	Total assets	$	2,379,243		$	229,996		$	—		$	2,609,239
	(1)              GLP Capital operations commenced November 1, 2013 in connection with the Spin-Off. For the year ended December 31, 2013, results included transaction costs associated with the Spin-Off of $13.5 million.
	(2)              Amounts in the "Eliminations" column represent the elimination of intercompany interest payments from the Company’s TRS Properties business segment to its GLP Capital business segment.

Summarized_Quarterly_Data_Unau1

Summarized Quarterly Data (Unaudited) (Tables)	12 Months Ended
	Dec. 31, 2014
Selected Quarterly Financial Information [Abstract]
Schedule of Quarterly Financial Information	The following table summarizes the quarterly results of operations for the years ended December 31, 2014 and 2013:
		Fiscal Quarter
		First		Second		Third		Fourth
		(in thousands, except per share data)
	2014
	Net revenues	$	158,328	$	160,786	$	157,795	$	159,036
	Income from operations	74,334		77,374		77,622		74,053
	Net income	44,312		47,012		49,902		44,158
	Earnings per common share:
	Basic earnings per common share	$	0.4	$	0.42	$	0.44	$	0.39
	Diluted earnings per common share	$	0.38	$	0.4	$	0.42	$	0.38
	2013
	Net revenues	$	42,648	$	46,072	$	39,633	$	113,776	(1)
	Income from operations	6,811		9,090		5,665		39,016		(2)
	Net income	3,216		4,699		2,681		9,234		(2)
	Earnings per common share:
	Basic earnings per common share	$	0.04	$	0.04	$	0.02	$	0.08
	Diluted earnings per common share	$	0.03	$	0.04	$	0.02	$	0.08
	-1	During the fourth quarter of 2013, the Company recognized rental revenue related to the Master Lease, which became effective at Spin-Off (November 1, 2013), of $76.6 million.
	(2)	The Company's fiscal year 2013 fourth quarter results include transaction costs of $13.5 million associated with the Spin-Off and depreciation expense of $14.8 million related to the real property assets transferred to GLPI as part of the Spin-Off. Also during the fourth quarter of 2013, the Company entered into a new five year senior unsecured credit facility and completed offerings of $2,050.0 million aggregate principal of new senior unsecured notes in October 2013. The Company incurred interest expense of $19.3 million related to its new borrowings during the fourth quarter of 2013.

Supplementary_Condensed_Consol

Supplementary Condensed Consolidating Financial Information of Parent Guarantor and Subsidiary Issuers (Tables)	12 Months Ended
	Dec. 31, 2014
Supplementary Condensed Consolidating Financial Information of Parent Guarantor and Subsidiary Issuers
Summary of financial information for GLPI as the parent guarantor, for GLP Capital, L.P. and GLP Financing II, Inc. as the subsidiary issuers and the other subsidiary non-issuers	Summarized financial information as of December 31, 2014 and 2013 and for the years ended December 31, 2014, 2013 and 2012 for GLPI as the parent guarantor, for GLP Capital, L.P. and GLP Financing II, Inc. as the subsidiary issuers and the other subsidiary non-issuers is presented below.
	At December 31, 2014	Parent			Subsidiary			Other			Eliminations			Consolidated
	Condensed Consolidating Balance Sheet	Guarantor			Issuers			Subsidiary
								Non-Issuers
		(in thousands)
	Assets
	Real estate investments, net	$	—		$	2,042,311		$	137,813		$	—		$	2,180,124
	Property and equipment, used in operations, net	25,228			—			108,800			—			134,028
	Cash and cash equivalents	2,643			4,450			28,880			—			35,973
	Prepaid expenses	1,096			2,196			3,110			1,498			7,900
	Deferred tax assets, current	—			—			2,015			—			2,015
	Other current assets	14,947			27,417			2,890			—			45,254
	Goodwill	—			—			75,521			—			75,521
	Other intangible assets	—			—			9,577			—			9,577
	Debt issuance costs, net of accumulated amortization of $9,327 at December 31, 2014	—			39,126			—			—			39,126
	Loan receivable	—			—			34,000			—			34,000
	Intercompany loan receivable	—			193,595			—			(193,595		)	—
	Intercompany transactions and investment in subsidiaries	(138,987		)	195,092			65,255			(121,360		)	—
	Deferred tax assets, non-current	—			—			679			—			679
	Other assets	256			—			127			—			383
	Total assets	$	(94,817	)	$	2,504,187		$	468,667		$	(313,457	)	$	2,564,580
	Liabilities
	Accounts payable	$	4,011		$	188		$	210		$	—		$	4,409
	Accrued expenses	514			119			4,706			—			5,339
	Accrued interest	—			17,528			—			—			17,528
	Accrued salaries and wages	10,013			—			2,568			—			12,581
	Gaming, property, and other taxes	1,012			18,874			2,855			—			22,741
	Deferred income tax liabilities	—			(165		)	(1,333		)	1,498			—
	Current maturities of long-term debt	—			81			—			—			81
	Other current liabilities	14,369			—			1,419			—			15,788
	Long-term debt, net of current maturities	—			2,609,406			—			—			2,609,406
	Intercompany loan payable	—			—			193,595			(193,595		)	—
	Deferred tax liabilities, non-current	—			—			1,443			—			1,443
	Total liabilities	29,919			2,646,031			205,463			(192,097		)	2,689,316
	Shareholders’ (deficit) equity
	Common stock ($.01 par value, 550,000,000 shares authorized, 112,981,088 shares issued at December 31, 2014	1,130			—			—			—			1,130
	Additional paid-in capital	888,860			139,811			292,547			(432,358		)	888,860
	Retained (deficit) earnings	(1,014,726		)	(281,655		)	(29,343		)	310,998			(1,014,726		)
	Total shareholders’ (deficit) equity	(124,736		)	(141,844		)	263,204			(121,360		)	(124,736		)
	Total liabilities and shareholders’ (deficit) equity	$	(94,817	)	$	2,504,187		$	468,667		$	(313,457	)	$	2,564,580
	Year ended December 31, 2014	Parent			Subsidiary			Other			Eliminations			Consolidated
	Condensed Consolidating Statement of Operations	Guarantor			Issuers			Subsidiary
								Non-Issuers
		(in thousands)
	Revenues
	Rental	$	—		$	418,108		$	13,172		$	—		$	431,280
	Real estate taxes paid by tenants	—			48,570			1,964			—			50,534
	Total rental revenue	—			466,678			15,136			—			481,814
	Gaming	—			—			148,283			—			148,283
	Food, beverage and other	7			—			11,614			—			11,621
	Total revenues	7			466,678			175,033			—			641,718
	Less promotional allowances	—			—			(5,773		)	—			(5,773		)
	Net revenues	7			466,678			169,260			—			635,945
	Operating expenses
	Gaming	—			—			82,995			—			82,995
	Food, beverage and other	—			—			9,734			—			9,734
	Real estate taxes	—			48,576			3,578			—			52,154
	General and administrative	54,073			2,758			24,005			—			80,836
	Depreciation	1,832			89,833			15,178			—			106,843
	Total operating expenses	55,905			141,167			135,490			—			332,562
	Income from operations	(55,898		)	325,511			33,770			—			303,383
	Other income (expenses)
	Interest expense	(11		)	(117,016		)	(3		)	—			(117,030		)
	Interest income	—			—			2,444			—			2,444
Management fee	—			—			—			—			—
Intercompany dividends and interest	612,326			39,805			618,695			(1,270,826		)	—
Total other expenses	612,315			(77,211		)	621,136			(1,270,826		)	(114,586		)
Income before income taxes	556,417			248,300			654,906			(1,270,826		)	188,797
Income tax (benefit) expense	—			(1,490		)	4,903			—			3,413
Net income	$	556,417		$	249,790		$	650,003		$	(1,270,826	)	$	185,384
Year ended December 31, 2014	Parent			Subsidiary			Other			Eliminations			Consolidated
Condensed Consolidating Statement of Cash Flows	Guarantor			Issuers			Subsidiary
							Non-Issuers
	(in thousands)
Operating activities
Net income	$	556,417		$	249,790		$	650,003		$	(1,270,826	)	$	185,384
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation	1,832			89,833			15,178			—			106,843
Amortization of debt issuance costs	—			8,057			—			—			8,057
(Gains) losses on dispositions of property	2			(150		)	158			—			10
Deferred income taxes	—			—			(3,305		)	—			(3,305		)
Stock-based compensation	12,258			—			—			—			12,258
(Increase) decrease,
Prepaid expenses and other current assets	181			(10,741		)	(1,539		)	1,498			(10,601		)
Other assets	(1,645		)	—			(15		)	—			(1,660		)
Intercompany	800			(4,015		)	3,215			—			—
Increase (decrease),
Accounts payable	(16,995		)	15,526			(181		)	—			(1,650		)
Accrued expenses	(7,944		)	119			(619		)	—			(8,444		)
Accrued interest	—			(527		)	—			—			(527		)
Accrued salaries and wages	2,882			—			(638		)	—			2,244
Gaming, pari-mutuel, property and other taxes	871			—			(344		)	—			527
Income taxes	(1,441		)	(9,325		)	(6,490		)	(1,498		)	(18,754		)
Other current and noncurrent liabilities	1,585			—			1,292			—			2,877
Net cash provided by (used in) operating activities	548,803			338,567			656,715			(1,270,826		)	273,259
Investing activities
Capital project expenditures, net of reimbursements	(1,613		)	(137,618		)	—			—			(139,231		)
Capital maintenance expenditures	—			—			(3,538		)	—			(3,538		)
Proceeds from sale of property and equipment	—			150			30			—			180
Funding of loan receivable	—			—			(43,000		)	—			(43,000		)
Principal payments on loan receivable	—			—			9,000			—			9,000
Acquisition of real estate	—			—			(140,730		)	—			(140,730		)
Net cash used in investing activities	(1,613		)	(137,468		)	(178,238		)	—			(317,319		)
Financing activities
Dividends paid	(494,104		)	—			—			—			(494,104		)
Proceeds from exercise of options	29,931			—			—			—			29,931
Proceeds from issuance of long-term debt	—			291,950			—			—			291,950
Financing costs	—			(306		)	—			—			(306		)
Payments of long-term debt	—			(32,024		)	—			—			(32,024		)
Intercompany financing	(122,540		)	(677,364		)	(470,922		)	1,270,826			—
Distribution in connection with 2013 Pre-Spin tax matter agreement	(635		)	—			—			—			(635		)
Net cash (used in) provided by financing activities	(587,348		)	(417,744		)	(470,922		)	1,270,826			(205,188		)
Net (decrease) increase in cash and cash equivalents	(40,158		)	(216,645		)	7,555			—			(249,248		)
Cash and cash equivalents at beginning of period	42,801			221,095			21,325			—			285,221
Cash and cash equivalents at end of period	$	2,643		$	4,450		$	28,880		$	—		$	35,973
At December 31, 2013	Parent			Subsidiary			Other			Eliminations			Consolidated
Condensed Consolidating Balance Sheet	Guarantor			Issuers			Subsidiary
							Non-Issuers
	(in thousands)
Assets
Real estate investments, net	$	—		$	2,010,303		$	—		$	—		$	2,010,303
Property and equipment, used in operations, net	25,458			—			113,663			—			139,121
Cash and cash equivalents	42,801			221,095			21,325			—			285,221
Prepaid expenses	1,191			1,834			2,958			—			5,983
Deferred tax assets, current	—			—			1,885			343			2,228
Other current assets	753			15,708			906			—			17,367
Goodwill	—			—			75,521			—			75,521
Other intangible assets	—			—			9,577			—			9,577
Debt issuance costs, net of accumulated amortization of $1,270 at December 31, 2013	—			46,877			—			—			46,877
Loan receivable	—			—			—			—			—
Intercompany transactions and investment in subsidiaries	104,391			208,739			308,157			(621,287		)	—
Other assets	12,880			—			4,161			—			17,041
Total assets	$	187,474		$	2,504,556		$	538,153		$	(620,944	)	$	2,609,239
Liabilities
Accounts payable	$	21,006		$	—		$	391		$	—		$	21,397
Accrued expenses	8,458			—			5,325			—			13,783
Accrued interest	—			18,055			—			—			18,055
Accrued salaries and wages	7,131			—			3,206			—			10,337
Gaming, property, and other taxes	141			17,542			1,106			—			18,789
Deferred tax liabilities, non-current	(4,473		)	12,308			9,421			—			17,256
Other current liabilities	12,782			—			129			—			12,911
Long-term debt	—			2,350,000			—			—			2,350,000
Deferred income taxes	—			—			3,939			343			4,282
Total liabilities	45,045			2,397,905			23,517			343			2,466,810
Shareholders’ equity (deficit)
Common stock ($.01 par value, 550,000,000 shares authorized, 88,659,448 shares issued at December 31, 2013	887			—			—			—			887
Additional paid-in capital	3,651			17,271			162,700			(179,971		)	3,651
Retained earnings (deficit)	137,891			89,380			351,936			(441,316		)	137,891
Total shareholders’ equity (deficit)	142,429			106,651			514,636			(621,287		)	142,429
Total liabilities and shareholders’ (deficit) equity	$	187,474		$	2,504,556		$	538,153		$	(620,944	)	$	2,609,239
Year ended December 31, 2013	Parent			Subsidiary			Other			Eliminations			Consolidated
Condensed Consolidating Statement of Operations	Guarantor			Issuers			Subsidiary
							Non-
							Issuers
	(in thousands)
Revenues
Rental	$	—		$	68,955		$	—		$	—		$	68,955
Real estate taxes paid by tenants	—			7,602			—			—			7,602
Total rental revenue	—			76,557			—			—			76,557
Gaming	—			—			159,352			—			159,352
Food, beverage and other	—			—			12,357			—			12,357
Total revenues	—			76,557			171,709			—			248,266
Less promotional allowances	—			—			(6,137		)	—			(6,137		)
Net revenues	—			76,557			165,572			—			242,129
Operating expenses
Gaming	—			—			89,367			—			89,367
Food, beverage and other	—			—			10,775			—			10,775
Real estate taxes	—			7,602			1,618			—			9,220
General and administrative	19,726			—			23,536			—			43,262
Depreciation	74			14,822			14,027			—			28,923
Total operating expenses	19,800			22,424			139,323			—			181,547
Income from operations	(19,800		)	54,133			26,249			—			60,582
Other income (expenses)
Interest expense	—			(19,254		)	—			—			(19,254		)
Interest income	—			—			1			—			1
Management fee	—			—			(4,203		)	—			(4,203		)
Intercompany dividends and interest	68,955			—			68,955			(137,910		)	—
Total other expenses	68,955			(19,254		)	64,753			(137,910		)	(23,456		)
Income before income taxes	49,155			34,879			91,002			(137,910		)	37,126
Income tax expense	643			7,824			8,829			—			17,296
Net income	$	48,512		$	27,055		$	82,173		$	(137,910	)	$	19,830
Year ended December 31, 2013	Parent			Subsidiary			Other			Eliminations			Consolidated
Condensed Consolidating Statement of Cash Flows	Guarantor			Issuers			Subsidiary
							Non-Issuers
	(in thousands)
Operating activities
Net income	$	48,512		$	27,055		$	82,173		$	(137,910	)	$	19,830
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation	74			14,822			14,027			—			28,923
Amortization of debt issuance costs	—			1,270			—			—			1,270
Gain on sales of property	—			—			(39		)	—			(39		)
Deferred income taxes	—			—			(5,646		)	—			(5,646		)
Stock-based compensation	1,566			—			—			—			1,566
(Increase) decrease,
Prepaid expenses and other current assets	(1,944		)	—			(775		)	1,834			(885		)
Other assets	(662		)	—			—			—			(662		)
Intercompany	2,259			—			(2,259		)	—			—
Increase (decrease),	0			0						0
Accounts payable	20,073			(18,508		)	1,073			—			2,638
Accrued expenses	8,458			—			(462		)	—			7,996
Accrued interest	—			18,055			(839		)	—			17,216
Accrued salaries and wages	2,432			—			(301		)	—			2,131
Gaming, pari-mutuel, property and other taxes	141			—			(148		)	—			(7		)
Income taxes	(4,473		)	12,308			(283		)	(1,834		)	5,718
Other current and noncurrent liabilities	564			—			19			—			583
Net cash provided by (used in) operating activities	77,000			55,002			86,540			(137,910		)	80,632
Investing activities
Capital project expenditures, net of reimbursements	(5,532		)	(7,510		)	844			—			(12,198		)
Capital maintenance expenditures	—			—			(4,230		)	—			(4,230		)
Proceeds from sale of property and equipment	—			—			153			—			153
Funding of loan receivable	—			—			—			—			—
Principal payments on loan receivable	—			—			—			—			—
Acquisition of real estate	—			—			—			—			—
Net cash used in investing activities	(5,532		)	(7,510		)	(3,233		)	—			(16,275		)
Financing activities
Net advances to Penn National Gaming, Inc.	—			—			(6,982		)	—			(6,982		)
Cash distribution to Penn National Gaming, Inc. in connection with Spin-Off	(19,609		)	(1,992,931		)	(77,460		)	—			(2,090,000		)
Dividends paid	—			—			—			—			—
Proceeds from exercise of options	1,431			—			—			—			1,431
Proceeds from issuance of long-term debt	—			2,350,000			—			—			2,350,000
Financing costs	—			(48,147		)	—			—			(48,147		)
Payments of long-term debt	—			—			—			—			—
Intercompany financing	(10,489		)	(135,319		)	7,898			137,910			—
Net cash (used in) provided by financing activities	(28,667		)	173,603			(76,544		)	137,910			206,302
Net increase in cash and cash equivalents	42,801			221,095			6,763			—			270,659
Cash and cash equivalents at beginning of period	—			—			14,562			—			14,562
Cash and cash equivalents at end of period	$	42,801		$	221,095		$	21,325		$	—		$	285,221
Year ended December 31, 2012	Parent			Subsidiary			Other			Eliminations			Consolidated
Condensed Consolidating Statement of Operations	Guarantor			Issuers			Subsidiary
							Non-
							Issuers
	(in thousands)
Revenues
Rental	$	—		$	—		$	—		$	—		$	—
Real estate taxes paid by tenants	—			—			—			—			—
Total rental revenue	—			—			—			—			—
Gaming	—			—			202,581			—			202,581
Food, beverage and other	—			—			15,635			—			15,635
Total revenues	—			—			218,216			—			218,216
Less promotional allowances	—			—			(7,573		)	—			(7,573		)
Net revenues	—			—			210,643			—			210,643
Operating expenses
Gaming	—			—			113,111			—			113,111
Food, beverage and other	—			—			13,114			—			13,114
Real estate taxes	—			—			1,592			—			1,592
General and administrative	—			—			25,068			—			25,068
Depreciation	—			—			14,090			—			14,090
Total operating expenses	—			—			166,975			—			166,975
Income from operations	—			—			43,668			—			43,668
Other income (expenses)
Interest expense	—			—			—			—			—
Interest income	—			—			2			—			2
Management fee	—			—			(6,320		)	—			(6,320		)
Intercompany dividends and interest	—			—			—			—			—
Total other expenses	—			—			(6,318		)	—			(6,318		)
Income before income taxes	—			—			37,350			—			37,350
Income tax expense	—			—			14,431			—			14,431
Net income	$	—		$	—		$	22,919		$	—		$	22,919
Year ended December 31, 2012	Parent			Subsidiary			Other			Eliminations			Consolidated
Condensed Consolidating Statement of Cash Flows	Guarantor			Issuers			Subsidiary
							Non-Issuers
	(in thousands)
Operating activities
Net income	$	—		$	—		$	22,919		$	—		$	22,919
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation	—			—			14,090			—			14,090
Amortization of debt issuance costs	—			—			—			—			—
Gain on sales of property	—			—			(142		)	—			(142		)
Deferred income taxes	—			—			(88		)	—			(88		)
Stock-based compensation	—			—			—			—			—
(Increase) decrease,
Prepaid expenses and other current assets	—			—			1,513			—			1,513
Other assets	—			—			—			—			—
Intercompany	—			—			—			—			—
Increase (decrease),	0			0						0
Accounts payable	—			—			(260		)	—			(260		)
Accrued expenses	—			—			(456		)	—			(456		)
Accrued interest	—			—			—			—			—
Accrued salaries and wages	—			—			(394		)	—			(394		)
Gaming, pari-mutuel, property and other taxes	—			—			(250		)	—			(250		)
Income taxes	—			—			(10,162		)	—			(10,162		)
Other current and noncurrent liabilities	—			—			(26		)	—			(26		)
Net cash provided by operating activities	—			—			26,744			—			26,744
Investing activities
Capital project expenditures, net of reimbursements	—			—			(1,930		)	—			(1,930		)
Capital maintenance expenditures	—			—			(3,260		)	—			(3,260		)
Proceeds from sale of property and equipment	—			—			380			—			380
Funding of loan receivable	—			—			—			—			—
Principal payments on loan receivable	—			—			—			—			—
Acquisition of real estate	—			—			—			—			—
Net cash used in investing activities	—			—			(4,810		)	—			(4,810		)
Financing activities
Net advances to Penn National Gaming, Inc.	—			—			(24,518		)	—			(24,518		)
Dividends paid	—			—			—			—			—
Proceeds from exercise of options	—			—			—			—			—
Proceeds from issuance of long-term debt	—			—			—			—			—
Financing costs	—			—			—			—			—
Payments of long-term debt	—			—			—			—			—
Intercompany financing	—			—			—			—			—
Net cash used in financing activities	—			—			(24,518		)	—			(24,518		)
Net decrease in cash and cash equivalents	—			—			(2,584		)	—			(2,584		)
Cash and cash equivalents at beginning of period	—			—			17,146			$	—		17,146
Cash and cash equivalents at end of period	$	—		$	—		$	14,562		$	—		$	14,562

Business_and_Basis_of_Presenta2

Business and Basis of Presentation (Narrative) (Details) (USD $)	0 Months Ended		12 Months Ended
	Feb. 18, 2014	Dec. 19, 2014	Dec. 31, 2014
			renewaloption
			property
Organization Consolidation and Presentation of Financial Statements [Line Items]
Number of facilities whose real estate property is included in entity portfolio			21
Number of real estate properties			19
Number of states across which the portfolio of properties is diversified			12
Net rentable area			7,000,000
Real estate, occupancy percentage			100.00%
Purging Distribution
Organization Consolidation and Presentation of Financial Statements [Line Items]
Purging distribution	$1,050,000,000
Pre-Filing Agreement Distribution
Organization Consolidation and Presentation of Financial Statements [Line Items]
Pre-filing agreement distribution		$37,000,000
Penn National Gaming Inc
Organization Consolidation and Presentation of Financial Statements [Line Items]
Lessor leasing arrangements, operating leases, term of contract			15 years
lessor leasing arrangements operating leases number of renewal options			4
Lessor leasing arrangements, operating lease, renewal term			5 years
Number of real estate properties			18

Business_and_Basis_of_Presenta3

Business and Basis of Presentation (Assets and Liabilities Acquired Through Spinoff) (Details) (Penn National Gaming Inc, USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014
Penn National Gaming Inc
Organization Consolidation and Presentation of Financial Statements [Line Items]
Spinoff of real estate assets through REIT prepaid expenses net contributed	$2,766
Spinoff of real estate assets through REIT deferred tax assets current	4,358
Spinoff of real estate assets through REIT property, plant and equipment net contributed	2,024,572
Spinoff of real estate assets through REIT other assets contributed	16,245
Spinoff of real estate assets through REIT accrued expenses contributed	-5,656
Spinoff of real estate assets through REIT other current liabilities contributed	-12,219
Spinoff of real estate assets through REIT deferred tax liabilities contributed	-6,493
Spinoff of real estate assets through REIT assets and liabilities contributed net	$2,023,573

Summary_of_Significant_Account3

Summary of Significant Accounting Policies (Cash and Cash Equivalents) (Details) (Maximum [Member])	12 Months Ended
	Dec. 31, 2014
Maximum [Member]
Cash and Cash Equivalents [Line Items]
Investment maturity date	3 months

Summary_of_Significant_Account4

Summary of Significant Accounting Policies (Concentration of Credit Risk) (Details) (USD $)

3 Months Ended

12 Months Ended

In Thousands, unless otherwise specified

Dec. 31, 2014

Sep. 30, 2014

Jun. 30, 2014

Mar. 31, 2014

Dec. 31, 2013

Sep. 30, 2013

Jun. 30, 2013

Mar. 31, 2013

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2012

property

property

item

item

Concentration Risk [Line Items]

Revenues

$159,036

$157,795

$160,786

$158,328

$113,776

[1]

$39,633

$46,072

$42,648

$635,945

$242,129

$210,643

Number of leased properties

19

19

Number of states across which the portfolio of properties is diversified

12

12

Penn National Gaming Inc

Concentration Risk [Line Items]

Revenues

$2,600,000

$2,900,000

$2,900,000

Penn National Gaming Inc | Sales Revenue, Net [Member]

Concentration Risk [Line Items]

Concentration risk, percentage

97.00%

[1]

During the fourth quarter of 2013, the Company recognized rental revenue related to the Master Lease, which became effective at Spin-Off (November 1, 2013), of $76.6 million.

Summary_of_Significant_Account5

Summary of Significant Accounting Policies (Fair Value of Financial Instruments) (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Carrying Amount
Financial assets:
Cash and cash equivalents	$35,973	$285,221
Deferred compensation plan assets	14,280	12,685
Loan receivable	34,000	0
Financial liabilities:
Deferred compensation plan liabilities	14,369	12,783
Senior unsecured credit facility	558,000	300,000
Senior unsecured notes	2,050,000	2,050,000
Fair Value
Financial assets:
Cash and cash equivalents	35,973	285,221
Deferred compensation plan assets	14,280	12,685
Loan receivable	34,000	0
Financial liabilities:
Deferred compensation plan liabilities	14,369	12,783
Senior unsecured credit facility	535,010	294,750
Senior unsecured notes	$2,091,000	$2,058,750

Summary_of_Significant_Account6

Summary of Significant Accounting Policies (Real Estate Investments) (Details) (Building and improvements)	12 Months Ended
	Dec. 31, 2014
Minimum [Member]
Property, Plant and Equipment [Line Items]
Life used for depreciation of real estate assets, buildings and improvements	10 years
Maximum [Member]
Property, Plant and Equipment [Line Items]
Life used for depreciation of real estate assets, buildings and improvements	31 years

Summary_of_Significant_Account7

Summary of Significant Accounting Policies (Property and Equipment Used in Operations) (Details)	12 Months Ended
	Dec. 31, 2014
Land improvements [Member]
Property, Plant and Equipment [Line Items]
Useful life used for property, plant, and equipment	15 years
Building and improvements | Minimum [Member]
Property, Plant and Equipment [Line Items]
Useful life used for property, plant, and equipment	5 years
Building and improvements | Maximum [Member]
Property, Plant and Equipment [Line Items]
Useful life used for property, plant, and equipment	31 years
Furniture, fixtures, and equipment | Minimum [Member]
Property, Plant and Equipment [Line Items]
Useful life used for property, plant, and equipment	3 years
Furniture, fixtures, and equipment | Maximum [Member]
Property, Plant and Equipment [Line Items]
Useful life used for property, plant, and equipment	31 years

Summary_of_Significant_Account8

Summary of Significant Accounting Policies (Goodwill and Other Intangible Assets) (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Accounting Policies [Abstract]
Goodwill	$75,521	$75,521
Other intangible assets	$9,577	$9,577

Summary_of_Significant_Account9

Summary of Significant Accounting Policies (Income Taxes) (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Income Tax Disclosure [Abstract]
Income tax penalties and interest, net of deferred income taxes	$18	$0	$0
REIT taxable income distribution requirement	90.00%
Period for which entity will not be permitted to qualify for tax treatment as real estate investment trust in case of failure to qualify as REIT in any taxable year	4 years

Recovered_Sheet1

Summary of Significant Accounting Policies (Revenue Recognition and Promotional Allowances) (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
	property
Revenue Recognition and Promotional Allowances
Number of real estate properties	19
Casino Revenue	$148,283,000	$159,352,000	$202,581,000
Promotional Allowances	5,773,000	6,137,000	7,573,000
Cost of Complimentary Services	2,781,000	2,993,000	3,703,000
Future Minimum Rental Payments Receivable from Operating Leases
2015	405,743,000
2016	405,743,000
2017	406,243,000
2018	398,622,000
2019	360,517,000
Thereafter	3,188,424,000
Operating Leases, Future Minimum Payments Receivable	5,165,292,000
Video lottery
Revenue Recognition and Promotional Allowances
Casino Revenue	127,572,000	138,803,000	189,808,000
Table game
Revenue Recognition and Promotional Allowances
Casino Revenue	19,120,000	18,096,000	11,891,000
Poker
Revenue Recognition and Promotional Allowances
Casino Revenue	1,591,000	2,453,000	882,000
Food and beverage
Revenue Recognition and Promotional Allowances
Promotional Allowances	5,732,000	5,970,000	6,806,000
Cost of Complimentary Services	2,766,000	2,907,000	3,319,000
Other
Revenue Recognition and Promotional Allowances
Promotional Allowances	41,000	167,000	767,000
Cost of Complimentary Services	15,000	86,000	384,000
All Properties Under Master Lease, Except Hollywood Casino Columbus and Hollywood Casino Toledo
Revenue Recognition and Promotional Allowances
Frequency property performance-based rent structure is adjusted under the Master Lease	5 years
Percentage of the average change in net revenues of facilities under the Master Lease during the preceding five years used to compute the performance based component of rent	4.00%
Period used in calculation of the average change in net revenues	5 years
Hollywood Casino Columbus and Hollywood Casino Toledo
Revenue Recognition and Promotional Allowances
Percentage of the change in net revenues from the preceding month (of all facilities except 2 under the Master Lease) used for adjustment in rent structure	20.00%
Operating Leases, Income Statement, Contingent Revenue	$40,500,000	$6,700,000
Properties Not Subject To Master Lease Agreement
Revenue Recognition and Promotional Allowances
Number of real estate properties	1
Penn National Gaming Inc
Revenue Recognition and Promotional Allowances
Number of real estate properties	18
Annual rent escalator	2.00%
Casino Queen
Revenue Recognition and Promotional Allowances
Annual rent escalator	2.00%
Operating leases, frequency the property performance-based rent structure is adjusted	5 years
Operating leases, percent of the average changes in net revenues of property used to calculate rent increase	4.00%

Recovered_Sheet2

Summary of Significant Accounting Policies (Gaming and Admission Taxes) (Details) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Gaming and Admission Taxes
Gaming and admission taxes	$66.80	$71.60	$94.90

Recovered_Sheet3

Summary of Significant Accounting Policies (Earnings Per Share) (Details) (USD $)	3 Months Ended									12 Months Ended
In Thousands, except Share data, unless otherwise specified	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013		Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Determination of shares:
Basic weighted-average common shares outstanding										112,037,000	110,617,000	110,582,000
Diluted weighted-average common shares outstanding										117,586,000	115,865,000	115,603,000
Calculation of basic EPS:
Net income	$44,158	$49,902	$47,012	$44,312	$9,234	[1]	$2,681	$4,699	$3,216	$185,384	$19,830	$22,919
Less: Net income allocated to participating securities										-772	-75	-86
Net income attributable to common shareholders										184,612	19,755	22,833
Basic weighted-average common shares outstanding										112,037,000	110,617,000	110,582,000
Basic earnings per common share (in dollars per share)	$0.39	$0.44	$0.42	$0.40	$0.08		$0.02	$0.04	$0.04	$1.65	$0.18	$0.21
Calculation of diluted EPS:
Net income	$44,158	$49,902	$47,012	$44,312	$9,234	[1]	$2,681	$4,699	$3,216	$185,384	$19,830	$22,919
Diluted weighted-average common shares outstanding										117,586,000	115,865,000	115,603,000
Diluted earnings per common share (in dollars per share)	$0.38	$0.42	$0.40	$0.38	$0.08		$0.02	$0.04	$0.03	$1.58	$0.17	$0.20
Antidilutive securities excluded from computation of earnings per share (in shares)										17,917	0	0
Employee Stock Option
Determination of shares:
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements										5,340,000	4,924,000	4,703,000
Restricted stock awards
Determination of shares:
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements										209,000	324,000	318,000
Performance-based restricted stock awards
Determination of shares:
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements										0	0	0
[1]	The Company's fiscal year 2013 fourth quarter results include transaction costs of $13.5 million associated with the Spin-Off and depreciation expense of $14.8 million related to the real property assets transferred to GLPI as part of the Spin-Off. Also during the fourth quarter of 2013, the Company entered into a new five year senior unsecured credit facility and completed offerings of $2,050.0 million aggregate principal of new senior unsecured notes in October 2013. The Company incurred interest expense of $19.3 million related to its new borrowings during the fourth quarter of 2013.

Recovered_Sheet4

Summary of Significant Accounting Policies (Segment Information) (Details)	12 Months Ended
	Dec. 31, 2014
	segment
Segment Information
Number of reportable segments	2

Acquisitions_Details

Acquisitions (Details) (USD $)	0 Months Ended	12 Months Ended			1 Months Ended	3 Months Ended
	Oct. 27, 2014	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Jan. 31, 2014	Mar. 31, 2015
Acquisitions
Amount paid for acquisition		$140,730,000	$0	$0
Loan receivable		34,000,000	0
Loss contingency, damages sought, value	10,000,000
Casino Queen
Acquisitions
Annual rent of property leased back on a triple net basis		14,000,000
Lessor leasing arrangements, operating leases, term of contract		15 years
Number of renewal options		4
Lessor leasing arrangements, operating lease, renewal term		5 years
Casino Queen
Acquisitions
Amount paid for acquisition					140,700,000
Transaction fees related to real estate acquisitions					700,000
Payments by registrant for term loans granted to third party					43,000,000
Term of term loan					5 years
Interest rate on term loan (as a percent)					7.00%
Loan receivable		$34,000,000
Scenario, Forecast [Member]
Acquisitions
Mandatory Quarterly Principal Payment Due on Term Loan to Third Party, Percent						1.25%

Real_Estate_Investments_Detail

Real Estate Investments (Details) (USD $)	12 Months Ended			1 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Jan. 31, 2014
	property
Real estate investments
Number of real estate properties	19
Total real estate investments	$2,745,421	$2,494,791
Less accumulated depreciation	-565,297	-484,488
Real estate investments, net	2,180,124	2,010,303
Amount paid for acquisition	140,730	0	0
Casino Queen
Real estate investments
Amount paid for acquisition				140,700
Land and improvements
Real estate investments
Total real estate investments	454,181	382,581
Building and improvements
Real estate investments
Total real estate investments	2,288,664	2,050,533
Construction in progress
Real estate investments
Total real estate investments	$2,576	$61,677

Property_and_Equipment_Used_in2

Property and Equipment Used in Operations (Schedule of Property and Equipment) (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Property and equipment used in operations
Total property and equipment	$252,798	$244,965
Less accumulated depreciation	-118,770	-105,844
Property and equipment, net	134,028	139,121
Land and improvements
Property and equipment used in operations
Total property and equipment	31,595	27,586
Building and improvements
Property and equipment used in operations
Total property and equipment	116,867	115,888
Furniture, fixtures, and equipment
Property and equipment used in operations
Total property and equipment	103,612	101,288
Construction in progress
Property and equipment used in operations
Total property and equipment	$724	$203

Longterm_Debt_Schedule_of_Long

Long-term Debt (Schedule of Long-Term Debt) (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
Long-term debt
Long-term debt	$2,609,487,000	$2,350,000,000
Current maturities of long-term debt	81,000	0
Long-term debt, net of current maturities	2,609,406,000	2,350,000,000
$550 million 4.375% senior unsecured notes due November 2018
Long-term debt
Long-term debt	550,000,000	550,000,000
Debt Instrument face amount	550,000,000
Stated interest rate percentage on debt	4.38%
$1,000 million 4.875% senior unsecured notes due November 2020
Long-term debt
Long-term debt	1,000,000,000	1,000,000,000
Debt Instrument face amount	1,000,000,000
Stated interest rate percentage on debt	4.88%
$500 million 5.375% senior unsecured notes due November 2023
Long-term debt
Long-term debt	500,000,000	500,000,000
Debt Instrument face amount	500,000,000
Stated interest rate percentage on debt	5.38%
Senior unsecured credit facility
Long-term debt
Long-term debt	558,000,000	300,000,000
Capital lease
Long-term debt
Long-term debt	$1,487,000	$0

Longterm_Debt_Maturities_of_Lo

Long-term Debt (Maturities of Long-Term Debt) (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Future minimum repayments of long-term debt
2015	$81
2016	119
2017	107
2018	1,108,113
2019	118
Thereafter	1,500,949
Long-term debt	$2,609,487	$2,350,000

Longterm_Debt_Senior_Unsecured

Long-term Debt (Senior Unsecured Credit Facility) (Narrative) (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Long-term debt
Line of credit facility, maximum borrowing capacity	1,000,000,000
Long-term debt	2,609,487,000	2,350,000,000
Letters of credit outstanding	700,000
Available borrowing capacity	441,300,000
Senior unsecured credit facility
Long-term debt
Long-term debt	558,000,000	300,000,000
Revolving credit facility
Long-term debt
Commitment fee percentage	0.25%
Minimum [Member] | Revolving credit facility
Long-term debt
Commitment fee percentage	0.15%
Maximum [Member] | Revolving credit facility
Long-term debt
Commitment fee percentage	0.35%
London Interbank Offered Rate (LIBOR) [Member] | Senior unsecured credit facility
Long-term debt
Basis spread on variable rate	1.50%
London Interbank Offered Rate (LIBOR) [Member] | Minimum [Member] | Senior unsecured credit facility
Long-term debt
Basis spread on variable rate	1.00%
London Interbank Offered Rate (LIBOR) [Member] | Maximum [Member] | Senior unsecured credit facility
Long-term debt
Basis spread on variable rate	2.00%
Base Rate [Member] | Senior unsecured credit facility
Long-term debt
Basis spread on variable rate	0.50%
Base Rate [Member] | Minimum [Member] | Senior unsecured credit facility
Long-term debt
Basis spread on variable rate	0.00%
Base Rate [Member] | Maximum [Member] | Senior unsecured credit facility
Long-term debt
Basis spread on variable rate	1.00%
Revolving credit facility
Long-term debt
Line of credit facility, maximum borrowing capacity	700,000,000
Outstanding balance on revolving credit facility	258,000,000
Term Loan a Facility
Long-term debt
Line of credit facility, maximum borrowing capacity	300,000,000
Outstanding balance on revolving credit facility	300,000,000

Longterm_Debt_Senior_Unsecured1

Long-term Debt (Senior Unsecured Notes) (Narrative) (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Long-term debt
Long-term debt	2,609,487	$2,350,000
Senior Notes 4.375 Percent Due 2018 [Member]
Long-term debt
Long-term debt	550,000	550,000
Stated interest rate percentage on debt	4.38%
Senior Notes 4.875 Percent Due 2020 [Member]
Long-term debt
Long-term debt	1,000,000	1,000,000
Stated interest rate percentage on debt	4.88%
Senior Notes 5.375 Percent Due 2023 [Member]
Long-term debt
Long-term debt	500,000	$500,000
Stated interest rate percentage on debt	5.38%
Senior Notes [Member]
Long-term debt
Debt instrument redemption price, percentage	100.00%
Senior Notes [Member] | Change of Control [Member]
Long-term debt
Debt instrument redemption price, percentage	101.00%

Longterm_Debt_Capital_Lease_Na

Long-term Debt (Capital Lease) (Narrative) (Details) (Capital lease)	12 Months Ended
	Dec. 31, 2014
Capital lease
Long-term debt
Debt instrument term	30 years

Commitments_and_Contingencies_1

Commitments and Contingencies (Litigation) (Details) (USD $)	0 Months Ended
In Millions, unless otherwise specified	Oct. 27, 2014
Commitments and Contingencies Disclosure [Abstract]
Loss contingency, damages sought, value	$10

Commitments_and_Contingencies_2

Commitments and Contingencies (Operating Lease Commitments) (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2015
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]
2015	$1,528,000
2016	1,520,000
2017	1,533,000
2018	1,531,000
2019	1,089,000
Thereafter	44,320,000
Total	51,521,000
Hollywood Casino Baton Rouge and Hollywood Casino Perryville
Operating Leased Assets [Line Items]
Operating leases, rent expense	1,200,000	1,400,000	1,600,000
Assigned Leases [Member]
Operating Leased Assets [Line Items]
Operating leases, rent expense	2,800,000	400,000
Casino in Biloxi Mississippi [Member] | Subsidiary of Penn National Gaming Inc [Member]
Operating Leased Assets [Line Items]
Operating leases, term of contract	99 years
Lease agreement period after which annual lease rental will be increased at specified percentage	5 years
Lease agreement percentage increase in annual lease rental after specified period	15.00%
Casino in Biloxi Mississippi [Member] | Scenario, Forecast [Member] | Subsidiary of Penn National Gaming Inc [Member]
Operating Leased Assets [Line Items]
Operating leases, rent expense, minimum rentals				200,000
Casino in Tunica Mississippi [Member] | Subsidiary of Penn National Gaming Inc [Member]
Operating Leased Assets [Line Items]
Operating leases, term of contract	5 years
Leasing arrangements operating leases number of renewal options	9
Leasing arrangements, operating leases, renewal term	5 years
Lease agreement percentage of gross revenue for determination of annual revenue sharing provision	4.00%
City of Bangor [Member] | Subsidiary of Penn National Gaming Inc [Member]
Operating Leased Assets [Line Items]
Operating leases, term of contract	15 years
Operating leases, rent expense, minimum rentals	$100,000
Leasing arrangements operating leases number of renewal options	3
Leasing arrangements, operating leases, renewal term	10 years

Commitments_and_Contingencies_3

Commitments and Contingencies (Capital Expenditure Commitments) (Details) (USD $)	Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
Construction program capital expenditures for next fiscal year	$0

Commitments_and_Contingencies_4

Commitments and Contingencies (Purchase Obligations) (Details) (USD $)	Dec. 31, 2014
In Millions, unless otherwise specified
Commitments and Contingencies Disclosure [Abstract]
Purchase obligations	$1.80

Commitments_and_Contingencies_5

Commitments and Contingencies (Employee Benefit Plans) (Details) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Defined contribution plan, employer matching contribution, percent of match	50.00%
Defined contribution plan, employer discretionary contribution amount	$0.30	$0.20	$0.20
Deferred compensation arrangement employer contribution vesting period	5 years
Deferred compensation arrangement with individual, employer contribution	0.4	0.3	0.1
Deferred compensation liabilities, current	14.4	12.8
Deferred compensation plan assets, current	$14.30	$12.70
Maximum [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Defined contribution plan, employer matching contribution, percent of employees' gross pay	6.00%

Commitments_and_Contingencies_6

Commitments and Contingencies (Labor Agreements) (Details)	12 Months Ended
	Dec. 31, 2014
	employee
Labor Agreements [Line Items]
Agreements with SEATU Union number of employees	210
Maximum [Member] | Number of Employees, Total [Member] | Unionized Employees Concentration Risk [Member]
Labor Agreements [Line Items]
Threshold number of employees under agreement for separate disclosure of unions	50

Income_Taxes_Details

Income Taxes (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Deferred tax assets:
Accrued expenses	$2,015	$2,228
Property and equipment	679	0
Net deferred tax assets	2,694	2,228
Deferred tax liabilities:
Property and equipment	-336	-3,459
Intangibles	-1,107	-823
Net deferred tax liabilities	1,443	4,282
Net:	1,251	-2,054
Current tax expense
Federal	4,415	19,429	12,216
State	2,303	3,513	2,303
Total current	6,718	22,942	14,519
Deferred tax (benefit) expense
Federal	-2,680	-7,624	64
State	-625	1,978	-152
Total deferred	-3,305	-5,646	-88
Total provision	3,413	17,296	14,431
Effective Income Tax Rate Reconciliation, Percent [Abstract]
U.S. federal statutory income tax rate	35.00%	35.00%	35.00%
State and local income taxes	0.50%	10.40%	3.00%
Nondeductible transaction costs	0.00%	7.50%	0.00%
REIT conversion benefit	-32.60%	-5.30%	0.00%
Permanent differences	0.00%	-0.80%	0.10%
Other miscellaneous items	-1.10%	-0.20%	0.50%
Effective income tax rate reconciliation, effective income tax rate, percent	1.80%	46.60%	38.60%
Effective Income Tax Rate Reconciliation, Amount [Abstract]
U.S. federal statutory income tax	66,079	12,994	13,073
State and local income taxes	964	3,840	1,126
Nondeductible transaction costs	0	2,793	0
REIT conversion benefit	-61,484	-1,959	0
Permanent differences	52	-268	30
Other miscellaneous items	($2,198)	($104)	$202

Dividends_Details

Dividends (Details) (USD $)

0 Months Ended

3 Months Ended

12 Months Ended

0 Months Ended

Dec. 19, 2014

Nov. 18, 2014

Sep. 26, 2014

Sep. 03, 2014

Jun. 27, 2014

30-May-14

Mar. 28, 2014

Feb. 18, 2014

Dec. 31, 2014

Sep. 30, 2014

Jun. 30, 2014

Mar. 31, 2014

Dec. 31, 2014

Dec. 02, 2014

Feb. 13, 2014

Dividends

Common stock outstanding (in shares)

88,691,827

Dividends, share-based compensation

$1,000,000

$1,000,000

$1,000,000

$1,000,000

Dividends payable, date declared

18-Nov-14

3-Sep-14

30-May-14

18-Feb-14

Quarterly dividend declared (in dollars per share)

$0.92

$0.52

$0.52

$0.52

Common stock, dividends per share, cash paid

$0.92

$0.52

$0.52

$0.52

$2.48

Dividends payable, date to be paid

19-Dec-14

26-Sep-14

27-Jun-14

28-Mar-14

Dividend paid

103,700,000

58,500,000

58,200,000

58,000,000

Dividends payable, date of record

2-Dec-14

15-Sep-14

12-Jun-14

7-Mar-14

Taxable income distributions, percent

100.00%

Purging Distribution

Dividends

Purging distribution

1,050,000,000

Total cash limitation on purging distribution

210,000,000

Percentage of stockholders who elected the cash distribution

54.30%

Percentage of stockholders who elected a stock distribution or made no election

45.70%

Cash dividend distributed per common share held by shareholders who elected cash distribution (in dollars per share)

$4.36

Stock dividend distributed per common share held by shareholders who elected cash distribution

0.195747

Stock dividend distributed per common share held by shareholders who elected stock distribution or made no election

0.309784

Period of trading days taken for calculation of volume weighted average price

3 days

Shares issued in connection with dividend payment

22,000,000

Purging Distribution | Restricted stock award holders at Penn and GLPI

Dividends

Dividends, share-based compensation

1,000,000

Purging Distribution | Weighted average

Dividends

Volume weighted average price (in dollars per share)

$38.22

Pre-Filing Agreement Distribution

Dividends

Pre-filing agreement distribution

37,000,000

Pre-Filing Agreement Distribution | Restricted stock award holders at Penn and GLPI

Dividends

Dividends, share-based compensation

$700,000

Regular dividend

Dividends

Common stock, dividends per share, cash paid

$0.52

One-time dividends

Dividends

Common stock, dividends per share, cash paid

$0.40

Dividends_Dividend_Classificat

Dividends (Dividend Classification) (Details) (USD $)	12 Months Ended
	Dec. 31, 2014
Dividends
Common stock, dividends including purge distribution, per share, cash paid	$14.32
Classification of distribution as a percent	100.00%
Qualified Dividends
Dividends
Common stock, dividends including purge distribution, per share, cash paid	$12.24
Classification of distribution as a percent	85.47%
Non-qualified Dividends
Dividends
Common stock, dividends including purge distribution, per share, cash paid	$1.90
Classification of distribution as a percent	13.27%
Capital Gains
Dividends
Common stock, dividends including purge distribution, per share, cash paid	$0.16
Classification of distribution as a percent	1.12%
Non-taxable Return of Capital
Dividends
Common stock, dividends including purge distribution, per share, cash paid	$0.02
Classification of distribution as a percent	0.14%

StockBased_Compensation_Stock_

Stock-Based Compensation (Stock Options Issued and Oustanding) (Details) (Employee Stock Option, USD $)	12 Months Ended
In Thousands, except Share data, unless otherwise specified	Dec. 31, 2014
Employee Stock Option
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Outstanding at beginning of period (in shares)	13,662,842	[1]
Exercised (in shares)	-2,330,848
Canceled (in shares)	-170,152
Outstanding at end of period (in shares)	11,161,842
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Abstract]
Outstanding at period start (in dollars per share)	$18.42	[1]
Exercised (in dollars per share)	$16.24
Canceled (in dollars per share)	$21.47
Outstanding at period end (in dollars per share)	$18.83
Weighted average remaining contractual term	2 years 4 months 13 days
Aggregate intrinsic value	$119,233
[1]	The number of outstanding stock options and the weighted average exercise price of these options was adjusted for the period ended December 31, 2013, as part of the Purging Distribution. The number of stock options outstanding at December 31, 2013 includes 3,324,389 shares resulting from the distribution.

StockBased_Compensation_Option

Stock-Based Compensation (Options Outstanding and Exercisable by Price Range) (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Number of options exercisable	9,770,939
Weighted average exercise price of exercisable options (in dollars per share)	$18.44
Exercise Price Range from Dollars 10.22 to Dollars 15.39
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Exercise price range, number of outstanding options	1,121,623
Weighted average remaining contractual term	1 year 0 months 11 days
Exercise price range, outstanding options, weighted average exercise price (in dollards per share)	$12.45
Exercise price range, number of exercisable options	1,121,623
Exercise price range, exercisable options, weighted average exercise price (in dollars per share)	$12.45
Exercise price range, lower range limit	$10.22
Exercise price range, upper range limit	$15.39
Exercise Price Range from Dollars 15.78 to Dollars 23.68
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Exercise price range, number of outstanding options	8,855,409
Weighted average remaining contractual term	2 years 6 months 29 days
Exercise price range, outstanding options, weighted average exercise price (in dollards per share)	$18.88
Exercise price range, number of exercisable options	7,474,418
Exercise price range, exercisable options, weighted average exercise price (in dollars per share)	$18.38
Exercise price range, lower range limit	$15.78
Exercise price range, upper range limit	$23.68
Exercise Price Range from Dollars 23.72 to Dollars 35.87
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Exercise price range, number of outstanding options	1,184,810
Weighted average remaining contractual term	2 years 0 months 22 days
Exercise price range, outstanding options, weighted average exercise price (in dollards per share)	$24.50
Exercise price range, number of exercisable options	1,174,898
Exercise price range, exercisable options, weighted average exercise price (in dollars per share)	$24.49
Exercise price range, lower range limit	$23.72
Exercise price range, upper range limit	$35.87
Employee Stock Option
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Number of options outstanding	11,161,842	13,662,842	[1]
Weighted average remaining contractual term	2 years 4 months 13 days
Weighted average exercise price of outstanding options (in dollars per share)	$18.83	$18.42	[1]
[1]	The number of outstanding stock options and the weighted average exercise price of these options was adjusted for the period ended December 31, 2013, as part of the Purging Distribution. The number of stock options outstanding at December 31, 2013 includes 3,324,389 shares resulting from the distribution.

StockBased_Compensation_Restri

Stock-Based Compensation (Restricted Stock Award Activity) (Details) (Restricted stock awards)	12 Months Ended
	Dec. 31, 2014
Restricted stock awards
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding [Roll Forward]
Outstanding at the beginning of the period (in shares)	525,328	[1]
Granted (in shares)	240,149
Released (in shares)	-237,618
Canceled (in shares)	-59,018
Outstanding at the end of the period (in shares)	468,841
[1]	The number of outstanding restricted stock awards was adjusted for the period ended December 31, 2013, as part of the Purging Distribution. The number of restricted awards outstanding at December 31, 2013 includes 106,261 shares resulting from the distribution.

StockBased_Compensation_StockB

Stock-Based Compensation Stock-Based Compensation (Performance-Based Restricted Stock Awards Activity) (Details) (Performance-based restricted stock awards)	12 Months Ended
	Dec. 31, 2014
Performance-based restricted stock awards
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding [Roll Forward]
Outstanding at the beginning of the period (in shares)	0
Granted (in shares)	613,556
Released (in shares)	0
Canceled (in shares)	-70,000
Outstanding at the end of the period (in shares)	543,556

StockBased_Compensation_Narrat

Stock-Based Compensation (Narrative) (Details) (USD $)	0 Months Ended				12 Months Ended			0 Months Ended
	Dec. 19, 2014	Sep. 26, 2014	Jun. 27, 2014	Mar. 28, 2014	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Apr. 25, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized					4,380,854
Common stock, dividends per share, cash paid	$0.92	$0.52	$0.52	$0.52	$2.48
Number of exercisable options outstanding					9,770,939
Weighted average exercise price of exercisable options outstanding (in dollars per share)					$18.44
Intrinsic value of exercisable options outstanding					$108,200,000
Aggregate intrinsic value of options exercised					43,100,000
Period of total shareholder return upon which the percentage of shares vesting at the end of the measurement period will be based					3 years
Period of return of the MSCI US REIT index against which total shareholder return measured					3 years
Employee Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total unrecognized compensation cost					2,500,000
Remaining weighted average vesting period for recognition of unrecognized compensation cost					1 year 0 months 0 days
Allocated share-based compensation expense					5,800,000	1,200,000	0
Allocated share based compensation expense related to dividend paid					15,300,000
Options outstanding due to purging distribution						3,324,389
Restricted stock awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total unrecognized compensation cost					9,600,000
Remaining weighted average vesting period for recognition of unrecognized compensation cost					2 years 3 months 7 days
Allocated share-based compensation expense					3,600,000	400,000
Restricted stock awards outstanding due to purging distribution						106,261
Performance-based restricted stock awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total unrecognized compensation cost					9,600,000
Remaining weighted average vesting period for recognition of unrecognized compensation cost					2 years 3 months 26 days
Allocated share-based compensation expense					2,900,000
Performance-based restricted stock awards | End Of Measurement Period Vesting [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock awards vesting period								3 years
PSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total unrecognized compensation cost					5,100,000
Remaining weighted average vesting period for recognition of unrecognized compensation cost					1 year 8 months 13 days
Allocated share-based compensation expense					2,500,000	1,200,000
Allocated share based compensation expense related to dividend paid					800,000
SARs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total unrecognized compensation cost					200,000
Remaining weighted average vesting period for recognition of unrecognized compensation cost					1 year 3 months 26 days
Allocated share-based compensation expense					$67,000	$200,000	$0

Segment_Information_Details

Segment Information (Details) (USD $)	3 Months Ended									12 Months Ended
	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013		Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2014		Dec. 31, 2013		Dec. 31, 2012
Segment information
Net Revenues	$159,036,000	$157,795,000	$160,786,000	$158,328,000	$113,776,000	[1]	$39,633,000	$46,072,000	$42,648,000	$635,945,000		$242,129,000		$210,643,000
Income from operations	74,053,000	77,622,000	77,374,000	74,334,000	39,016,000	[2]	5,665,000	9,090,000	6,811,000	303,383,000		60,582,000		43,668,000
Interest, net										114,586,000		19,253,000		-2,000
Income before income taxes										188,797,000		37,126,000		37,350,000
Income tax (benefit) expense										3,413,000		17,296,000		14,431,000
Net income	44,158,000	49,902,000	47,012,000	44,312,000	9,234,000	[2]	2,681,000	4,699,000	3,216,000	185,384,000		19,830,000		22,919,000
Depreciation										106,843,000		28,923,000		14,090,000
Capital project expenditures, net of reimbursements										139,231,000		12,198,000		1,930,000
Capital maintenance expenditures										3,538,000		4,230,000		3,260,000
Total assets	2,564,580,000				2,609,239,000					2,564,580,000		2,609,239,000
Spinoff [Member]
Segment information
Depreciation					14,800,000
Spinoff of real estate assets through REIT transaction costs					13,500,000							13,500,000
Eliminations
Segment information
Net Revenues										0		0		0
Income from operations										0		0		0
Interest, net										-10,408,000	[3]	0		0
Income before income taxes										0		0		0
Income tax (benefit) expense										0		0		0
Net income										0		0		0
Depreciation										0		0		0
Capital project expenditures, net of reimbursements										0		0		0
Capital maintenance expenditures										0		0		0
Total assets	0				0					0		0
GLP Capital
Segment information
Net Revenues										481,821,000		76,557,000	[4]	0	[4]
Income from operations										279,848,000		34,333,000	[4]	0	[4]
Interest, net										114,588,000		19,254,000	[4]	0	[4]
Income before income taxes										175,668,000		15,079,000	[4]	0	[4]
Income tax (benefit) expense										-1,489,000		8,467,000	[4]	0	[4]
Net income										177,157,000		6,612,000	[4]	0	[4]
Depreciation										94,582,000		14,896,000	[4]	0	[4]
Capital project expenditures, net of reimbursements										139,231,000		13,042,000	[4]	0	[4]
Capital maintenance expenditures										0		0	[4]	0	[4]
Total assets	2,335,472,000				2,379,243,000					2,335,472,000		2,379,243,000
TRS Properties
Segment information
Net Revenues										154,124,000		165,572,000		210,643,000
Income from operations										23,535,000		26,249,000		43,668,000
Interest, net										10,406,000		-1,000		-2,000
Income before income taxes										13,129,000		22,047,000		37,350,000
Income tax (benefit) expense										4,902,000		8,829,000		14,431,000
Net income										8,227,000		13,218,000		22,919,000
Depreciation										12,261,000		14,027,000		14,090,000
Capital project expenditures, net of reimbursements										0		-844,000		1,930,000
Capital maintenance expenditures										3,538,000		4,230,000		3,260,000
Total assets	$229,108,000				$229,996,000					$229,108,000		$229,996,000
[1]	During the fourth quarter of 2013, the Company recognized rental revenue related to the Master Lease, which became effective at Spin-Off (November 1, 2013), of $76.6 million.
[2]	The Company's fiscal year 2013 fourth quarter results include transaction costs of $13.5 million associated with the Spin-Off and depreciation expense of $14.8 million related to the real property assets transferred to GLPI as part of the Spin-Off. Also during the fourth quarter of 2013, the Company entered into a new five year senior unsecured credit facility and completed offerings of $2,050.0 million aggregate principal of new senior unsecured notes in October 2013. The Company incurred interest expense of $19.3 million related to its new borrowings during the fourth quarter of 2013.
[3]	Amounts in the "Eliminations" column represent the elimination of intercompany interest payments from the Company’s TRS Properties business segment to its GLP Capital business segment.
[4]	GLP Capital operations commenced November 1, 2013 in connection with the Spin-Off. For the year ended December 31, 2013, results included transaction costs associated with the Spin-Off of $13.5 million.

Summarized_Quarterly_Data_Unau2

Summarized Quarterly Data (Unaudited) (Details) (USD $)	3 Months Ended									12 Months Ended
	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013		Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Oct. 31, 2013
Quarterly Financial Information [Line Items]
Net Revenues	$159,036,000	$157,795,000	$160,786,000	$158,328,000	$113,776,000	[1]	$39,633,000	$46,072,000	$42,648,000	$635,945,000	$242,129,000	$210,643,000
Income from operations	74,053,000	77,622,000	77,374,000	74,334,000	39,016,000	[2]	5,665,000	9,090,000	6,811,000	303,383,000	60,582,000	43,668,000
Net income	44,158,000	49,902,000	47,012,000	44,312,000	9,234,000	[2]	2,681,000	4,699,000	3,216,000	185,384,000	19,830,000	22,919,000
Rental Revenue										481,814,000	76,557,000	0
Depreciation										106,843,000	28,923,000	14,090,000
Earnings Per Share
Basic earnings per common share (in dollars per share)	$0.39	$0.44	$0.42	$0.40	$0.08		$0.02	$0.04	$0.04	$1.65	$0.18	$0.21
Diluted earnings per common share (in dollars per share)	$0.38	$0.42	$0.40	$0.38	$0.08		$0.02	$0.04	$0.03	$1.58	$0.17	$0.20
Line of Credit [Member]
Quarterly Financial Information [Line Items]
Interest Expense, Debt					19,300,000
Line of Credit [Member] | GLP Capital
Quarterly Financial Information [Line Items]
Debt instrument term					5 years
Debt instrument face amount													2,050,000,000
Spinoff [Member]
Quarterly Financial Information [Line Items]
Spinoff of real estate assets through REIT transaction costs					13,500,000						13,500,000
Depreciation					14,800,000
Master Lease Agreement [Member]
Quarterly Financial Information [Line Items]
Rental Revenue					$76,600,000
[1]	During the fourth quarter of 2013, the Company recognized rental revenue related to the Master Lease, which became effective at Spin-Off (November 1, 2013), of $76.6 million.
[2]	The Company's fiscal year 2013 fourth quarter results include transaction costs of $13.5 million associated with the Spin-Off and depreciation expense of $14.8 million related to the real property assets transferred to GLPI as part of the Spin-Off. Also during the fourth quarter of 2013, the Company entered into a new five year senior unsecured credit facility and completed offerings of $2,050.0 million aggregate principal of new senior unsecured notes in October 2013. The Company incurred interest expense of $19.3 million related to its new borrowings during the fourth quarter of 2013.

PreSpin_Transactions_with_Penn1

Pre-Spin Transactions with Penn (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Pre-Spin Transactions with Penn
Management fee	$0	$4,203	$6,320
Hollywood Casino Baton Rouge and Hollywood Casino Perryville | Penn National Gaming Inc
Pre-Spin Transactions with Penn
Management fee as a percentage of net revenues		3.00%	3.00%
Management fee		$4,200	$6,300

Supplemental_Disclosures_of_Ca1

Supplemental Disclosures of Cash Flow Information (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Supplemental Disclosures of cash flow information
Cash paid for income taxes, net of refunds	$20,100,000
Cash paid for interest	109,400,000	800,000	0
Hollywood Casino Baton Rouge and Hollywood Casino Perryville | Penn National Gaming Inc | Federal
Supplemental Disclosures of cash flow information
Cash paid for income taxes, net of refunds		9,400,000	13,200,000
Hollywood Casino Baton Rouge and Hollywood Casino Perryville | Penn National Gaming Inc | State taxing authorities
Supplemental Disclosures of cash flow information
Cash paid for income taxes, net of refunds		$1,600,000	$2,800,000

Related_Party_Transactions_Det

Related Party Transactions (Details) (USD $)	0 Months Ended	12 Months Ended	0 Months Ended	9 Months Ended
In Thousands, unless otherwise specified	Sep. 19, 2014	Dec. 31, 2014	Sep. 24, 2014	Sep. 30, 2014
Wyomissing Professional Center Inc | Chief Executive Officer
Related Party Transaction [Line Items]
Purchases from related party	$725
Amount of related party transaction	270	244
CB Consulting Group LLC | Chairman of the Board and Chief Executive Officer's Son
Related Party Transaction [Line Items]
Amount of related party transaction				$59
Percentage of construction cost paid to Construction Manager for management services			3.00%

Supplementary_Condensed_Consol1

Supplementary Condensed Consolidating Financial Information of Parent Guarantor and Subsidiary Issuers (Balance Sheet) (Details) (USD $)	12 Months Ended
In Thousands, except Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Assets
Real estate investments, net	2,180,124	$2,010,303
Property and equipment, used in operations, net	134,028	139,121
Cash and cash equivalents	35,973	285,221	14,562	17,146
Prepaid expenses	7,900	5,983
Deferred tax assets, current	2,015	2,228
Other current assets	45,254	17,367
Goodwill	75,521	75,521
Other intangible assets	9,577	9,577
Debt issuance costs, net of accumulated amortization of $9,327 and $1,270 at December 31, 2014 and 2013, respectively	39,126	46,877
Loan receivable	34,000	0
Intercompany loan receivable	0
Intercompany transactions and investment in subsidiaries	0	0
Deferred tax assets, non-current	679	0
Other assets	383	17,041
Total assets	2,564,580	2,609,239
Liabilities
Accounts payable	4,409	21,397
Accrued expenses	5,339	13,783
Accrued interest	17,528	18,055
Accrued salaries and wages	12,581	10,337
Gaming, property, and other taxes	22,741	18,789
Income taxes	0	17,256
Current maturities of long-term debt	81	0
Other current liabilities	15,788	12,911
Long-term debt, net of current maturities	2,609,406	2,350,000
Intercompany loan payable	0
Deferred tax liabilities, non-current	1,443	4,282
Total liabilities	2,689,316	2,466,810
Shareholders’ (deficit) equity
Common stock ($.01 par value, 550,000,000 shares authorized, 112,981,088 and 88,659,448 shares issued at December 31, 2014 and 2013, respectively)	1,130	887
Additional paid-in capital	888,860	3,651
Retained (deficit) earnings	-1,014,726	137,891
Total shareholders’ (deficit) equity	-124,736	142,429	236,330	219,911
Total liabilities and shareholders’ (deficit) equity	2,564,580	2,609,239
Debt issuance costs, accumulated amortization (in dollars)	9,327	1,270
Common stock, par value (in dollars per share)	0.01	$0.01
Common stock, shares issued	112,981,088	88,659,448
Common stock, shares authorized	550,000,000	550,000,000
Consolidation, Eliminations
Assets
Real estate investments, net	0	0
Property and equipment, used in operations, net	0	0
Cash and cash equivalents	0	0	0	0
Prepaid expenses	1,498	0
Deferred tax assets, current	0	343
Other current assets	0	0
Goodwill	0	0
Other intangible assets	0	0
Debt issuance costs, net of accumulated amortization of $9,327 and $1,270 at December 31, 2014 and 2013, respectively	0	0
Loan receivable	0	0
Intercompany loan receivable	-193,595
Intercompany transactions and investment in subsidiaries	-121,360	-621,287
Deferred tax assets, non-current	0
Other assets	0	0
Total assets	-313,457	-620,944
Liabilities
Accounts payable	0	0
Accrued expenses	0	0
Accrued interest	0	0
Accrued salaries and wages	0	0
Gaming, property, and other taxes	0	0
Income taxes	1,498	0
Current maturities of long-term debt	0
Other current liabilities	0	0
Long-term debt, net of current maturities	0	0
Intercompany loan payable	-193,595
Deferred tax liabilities, non-current	0	343
Total liabilities	-192,097	343
Shareholders’ (deficit) equity
Common stock ($.01 par value, 550,000,000 shares authorized, 112,981,088 and 88,659,448 shares issued at December 31, 2014 and 2013, respectively)	0	0
Additional paid-in capital	-432,358	-179,971
Retained (deficit) earnings	310,998	-441,316
Total shareholders’ (deficit) equity	-121,360	-621,287
Total liabilities and shareholders’ (deficit) equity	-313,457	-620,944
GLP Capital, L.P.
Supplementary condensed consolidating financial information of parent guarantor and subsidiary issuers
Ownership percentage of subsidiaries by parent company	100.00%
GLP Financing II, Inc.
Supplementary condensed consolidating financial information of parent guarantor and subsidiary issuers
Ownership percentage of subsidiaries by parent company	100.00%
Parent Guarantor
Assets
Real estate investments, net	0	0
Property and equipment, used in operations, net	25,228	25,458
Cash and cash equivalents	2,643	42,801	0	0
Prepaid expenses	1,096	1,191
Deferred tax assets, current	0	0
Other current assets	14,947	753
Goodwill	0	0
Other intangible assets	0	0
Debt issuance costs, net of accumulated amortization of $9,327 and $1,270 at December 31, 2014 and 2013, respectively	0	0
Loan receivable	0	0
Intercompany loan receivable	0
Intercompany transactions and investment in subsidiaries	-138,987	104,391
Deferred tax assets, non-current	0
Other assets	256	12,880
Total assets	-94,817	187,474
Liabilities
Accounts payable	4,011	21,006
Accrued expenses	514	8,458
Accrued interest	0	0
Accrued salaries and wages	10,013	7,131
Gaming, property, and other taxes	1,012	141
Income taxes	0	-4,473
Current maturities of long-term debt	0
Other current liabilities	14,369	12,782
Long-term debt, net of current maturities	0	0
Intercompany loan payable	0
Deferred tax liabilities, non-current	0	0
Total liabilities	29,919	45,045
Shareholders’ (deficit) equity
Common stock ($.01 par value, 550,000,000 shares authorized, 112,981,088 and 88,659,448 shares issued at December 31, 2014 and 2013, respectively)	1,130	887
Additional paid-in capital	888,860	3,651
Retained (deficit) earnings	-1,014,726	137,891
Total shareholders’ (deficit) equity	-124,736	142,429
Total liabilities and shareholders’ (deficit) equity	-94,817	187,474
Common stock, par value (in dollars per share)	0.01	$0.01
Common stock, shares issued	112,981,088	88,659,448
Common stock, shares authorized	550,000,000	550,000,000
Subsidiary Issuers
Assets
Real estate investments, net	2,042,311	2,010,303
Property and equipment, used in operations, net	0	0
Cash and cash equivalents	4,450	221,095	0	0
Prepaid expenses	2,196	1,834
Deferred tax assets, current	0	0
Other current assets	27,417	15,708
Goodwill	0	0
Other intangible assets	0	0
Debt issuance costs, net of accumulated amortization of $9,327 and $1,270 at December 31, 2014 and 2013, respectively	39,126	46,877
Loan receivable	0	0
Intercompany loan receivable	193,595
Intercompany transactions and investment in subsidiaries	195,092	208,739
Deferred tax assets, non-current	0
Other assets	0	0
Total assets	2,504,187	2,504,556
Liabilities
Accounts payable	188	0
Accrued expenses	119	0
Accrued interest	17,528	18,055
Accrued salaries and wages	0	0
Gaming, property, and other taxes	18,874	17,542
Income taxes	-165	12,308
Current maturities of long-term debt	81
Other current liabilities	0	0
Long-term debt, net of current maturities	2,609,406	2,350,000
Intercompany loan payable	0
Deferred tax liabilities, non-current	0	0
Total liabilities	2,646,031	2,397,905
Shareholders’ (deficit) equity
Common stock ($.01 par value, 550,000,000 shares authorized, 112,981,088 and 88,659,448 shares issued at December 31, 2014 and 2013, respectively)	0	0
Additional paid-in capital	139,811	17,271
Retained (deficit) earnings	-281,655	89,380
Total shareholders’ (deficit) equity	-141,844	106,651
Total liabilities and shareholders’ (deficit) equity	2,504,187	2,504,556
Debt issuance costs, accumulated amortization (in dollars)	9,327	1,270
Other Subsidiary Non-Issuers
Assets
Real estate investments, net	137,813	0
Property and equipment, used in operations, net	108,800	113,663
Cash and cash equivalents	28,880	21,325	14,562	17,146
Prepaid expenses	3,110	2,958
Deferred tax assets, current	2,015	1,885
Other current assets	2,890	906
Goodwill	75,521	75,521
Other intangible assets	9,577	9,577
Debt issuance costs, net of accumulated amortization of $9,327 and $1,270 at December 31, 2014 and 2013, respectively	0	0
Loan receivable	34,000	0
Intercompany loan receivable	0
Intercompany transactions and investment in subsidiaries	65,255	308,157
Deferred tax assets, non-current	679
Other assets	127	4,161
Total assets	468,667	538,153
Liabilities
Accounts payable	210	391
Accrued expenses	4,706	5,325
Accrued interest	0	0
Accrued salaries and wages	2,568	3,206
Gaming, property, and other taxes	2,855	1,106
Income taxes	-1,333	9,421
Current maturities of long-term debt	0
Other current liabilities	1,419	129
Long-term debt, net of current maturities	0	0
Intercompany loan payable	193,595
Deferred tax liabilities, non-current	1,443	3,939
Total liabilities	205,463	23,517
Shareholders’ (deficit) equity
Common stock ($.01 par value, 550,000,000 shares authorized, 112,981,088 and 88,659,448 shares issued at December 31, 2014 and 2013, respectively)	0	0
Additional paid-in capital	292,547	162,700
Retained (deficit) earnings	-29,343	351,936
Total shareholders’ (deficit) equity	263,204	514,636
Total liabilities and shareholders’ (deficit) equity	468,667	$538,153

Supplementary_Condensed_Consol2

Supplementary Condensed Consolidating Financial Information of Parent Guarantor and Subsidiary Issuers (Income Statement) (Details) (USD $)	3 Months Ended									12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013		Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Revenues
Rental										$431,280	$68,955	$0
Real estate taxes paid by tenants										50,534	7,602	0
Total rental revenue										481,814	76,557	0
Gaming										148,283	159,352	202,581
Food, beverage and other										11,621	12,357	15,635
Total revenues										641,718	248,266	218,216
Less promotional allowances										-5,773	-6,137	-7,573
Net revenues	159,036	157,795	160,786	158,328	113,776	[1]	39,633	46,072	42,648	635,945	242,129	210,643
Operating expenses
Gaming										82,995	89,367	113,111
Food, beverage and other										9,734	10,775	13,114
Real estate taxes										52,154	9,220	1,592
General and administrative										80,836	43,262	25,068
Depreciation										106,843	28,923	14,090
Total operating expenses										332,562	181,547	166,975
Income from operations	74,053	77,622	77,374	74,334	39,016	[2]	5,665	9,090	6,811	303,383	60,582	43,668
Other income (expenses)
Interest expense										-117,030	-19,254	0
Interest income										2,444	1	2
Management fees										0	-4,203	-6,320
Intercompany dividends and interest										0	0	0
Total other expenses										-114,586	-23,456	-6,318
Income before income taxes										188,797	37,126	37,350
Income tax (benefit) expense										3,413	17,296	14,431
Net income	44,158	49,902	47,012	44,312	9,234	[2]	2,681	4,699	3,216	185,384	19,830	22,919
Eliminations
Revenues
Rental										0	0	0
Real estate taxes paid by tenants										0	0	0
Total rental revenue										0	0	0
Gaming										0	0	0
Food, beverage and other										0	0	0
Total revenues										0	0	0
Less promotional allowances										0	0	0
Net revenues										0	0	0
Operating expenses
Gaming										0	0	0
Food, beverage and other										0	0	0
Real estate taxes										0	0	0
General and administrative										0	0	0
Depreciation										0	0	0
Total operating expenses										0	0	0
Income from operations										0	0	0
Other income (expenses)
Interest expense										0	0	0
Interest income										0	0	0
Management fees										0
Intercompany dividends and interest										-1,270,826	-137,910	0
Total other expenses										-1,270,826	-137,910	0
Income before income taxes										-1,270,826	-137,910	0
Income tax (benefit) expense										0	0	0
Net income										-1,270,826	-137,910	0
Parent Guarantor
Revenues
Rental										0	0	0
Real estate taxes paid by tenants										0	0	0
Total rental revenue										0	0	0
Gaming										0	0	0
Food, beverage and other										7	0	0
Total revenues										7	0	0
Less promotional allowances										0	0	0
Net revenues										7	0	0
Operating expenses
Gaming										0	0	0
Food, beverage and other										0	0	0
Real estate taxes										0	0	0
General and administrative										54,073	19,726	0
Depreciation										1,832	74	0
Total operating expenses										55,905	19,800	0
Income from operations										-55,898	-19,800	0
Other income (expenses)
Interest expense										-11	0	0
Interest income										0	0	0
Management fees										0	0	0
Intercompany dividends and interest										612,326	68,955	0
Total other expenses										612,315	68,955	0
Income before income taxes										556,417	49,155	0
Income tax (benefit) expense										0	643	0
Net income										556,417	48,512	0
Subsidiary Issuers
Revenues
Rental										418,108	68,955	0
Real estate taxes paid by tenants										48,570	7,602	0
Total rental revenue										466,678	76,557	0
Gaming										0	0	0
Food, beverage and other										0	0	0
Total revenues										466,678	76,557	0
Less promotional allowances										0	0	0
Net revenues										466,678	76,557	0
Operating expenses
Gaming										0	0	0
Food, beverage and other										0	0	0
Real estate taxes										48,576	7,602	0
General and administrative										2,758	0	0
Depreciation										89,833	14,822	0
Total operating expenses										141,167	22,424	0
Income from operations										325,511	54,133	0
Other income (expenses)
Interest expense										-117,016	-19,254	0
Interest income										0	0	0
Management fees										0	0	0
Intercompany dividends and interest										39,805	0	0
Total other expenses										-77,211	-19,254	0
Income before income taxes										248,300	34,879	0
Income tax (benefit) expense										-1,490	7,824	0
Net income										249,790	27,055	0
Other Subsidiary Non-Issuers
Revenues
Rental										13,172	0	0
Real estate taxes paid by tenants										1,964	0	0
Total rental revenue										15,136	0	0
Gaming										148,283	159,352	202,581
Food, beverage and other										11,614	12,357	15,635
Total revenues										175,033	171,709	218,216
Less promotional allowances										-5,773	-6,137	-7,573
Net revenues										169,260	165,572	210,643
Operating expenses
Gaming										82,995	89,367	113,111
Food, beverage and other										9,734	10,775	13,114
Real estate taxes										3,578	1,618	1,592
General and administrative										24,005	23,536	25,068
Depreciation										15,178	14,027	14,090
Total operating expenses										135,490	139,323	166,975
Income from operations										33,770	26,249	43,668
Other income (expenses)
Interest expense										-3	0	0
Interest income										2,444	1	2
Management fees										0	-4,203	-6,320
Intercompany dividends and interest										618,695	68,955	0
Total other expenses										621,136	64,753	-6,318
Income before income taxes										654,906	91,002	37,350
Income tax (benefit) expense										4,903	8,829	14,431
Net income										$650,003	$82,173	$22,919
[1]	During the fourth quarter of 2013, the Company recognized rental revenue related to the Master Lease, which became effective at Spin-Off (November 1, 2013), of $76.6 million.
[2]	The Company's fiscal year 2013 fourth quarter results include transaction costs of $13.5 million associated with the Spin-Off and depreciation expense of $14.8 million related to the real property assets transferred to GLPI as part of the Spin-Off. Also during the fourth quarter of 2013, the Company entered into a new five year senior unsecured credit facility and completed offerings of $2,050.0 million aggregate principal of new senior unsecured notes in October 2013. The Company incurred interest expense of $19.3 million related to its new borrowings during the fourth quarter of 2013.

Supplementary_Condensed_Consol3

Supplementary Condensed Consolidating Financial Information of Parent Guarantor and Subsidiary Issuers (Cash Flow) (Details) (USD $)	3 Months Ended									12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013		Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Operating activities
Net income	$44,158	$49,902	$47,012	$44,312	$9,234	[1]	$2,681	$4,699	$3,216	$185,384	$19,830	$22,919
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation										106,843	28,923	14,090
Amortization of debt issuance costs										8,057	1,270	0
Losses (gains) on dispositions of property										10	-39	-142
Deferred income taxes										-3,305	-5,646	-88
Stock-based compensation										12,258	1,566	0
(Increase) decrease,
Prepaid expenses and other current assets										-10,601	-885	1,513
Other assets										-1,660	-662	0
Intercompany										0	0	0
Increase (decrease),
Accounts payable										-1,650	2,638	-260
Accrued expenses										-8,444	7,996	-456
Accrued interest										-527	17,216	0
Accrued salaries and wages										2,244	2,131	-394
Gaming, pari-mutuel, property and other taxes										527	-7	-250
Income taxes										-18,754	5,718	-10,162
Other current and noncurrent liabilities										2,877	583	-26
Net cash provided by operating activities										273,259	80,632	26,744
Investing activities
Capital project expenditures, net of reimbursements										-139,231	-12,198	-1,930
Capital maintenance expenditures										-3,538	-4,230	-3,260
Proceeds from sale of property and equipment										180	153	380
Funding of loan receivable										-43,000	0	0
Principal payments on loan receivable										9,000	0	0
Acquisition of real estate										-140,730	0	0
Net cash used in investing activities										-317,319	-16,275	-4,810
Financing activities
Net advances to Penn National Gaming, Inc.										0	-6,982	-24,518
Cash distribution to Penn National Gaming, Inc. in connection with Spin-Off										0	-2,090,000	0
Dividends paid, including the Purging Distribution										-494,104	0	0
Proceeds from exercise of options										29,931	1,431	0
Proceeds from issuance of long-term debt										291,950	2,350,000	0
Financing costs										-306	-48,147	0
Payments of long-term debt										-32,024	0	0
Intercompany financing										0	0	0
Distribution in connection with 2013 Pre-Spin tax matter agreement										-635	0	0
Net cash (used in) provided by financing activities										-205,188	206,302	-24,518
Net (decrease) increase in cash and cash equivalents										-249,248	270,659	-2,584
Cash and cash equivalents at beginning of period				285,221					14,562	285,221	14,562	17,146
Cash and cash equivalents at end of period	35,973				285,221					35,973	285,221	14,562
Eliminations
Operating activities
Net income										-1,270,826	-137,910	0
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation										0	0	0
Amortization of debt issuance costs										0	0	0
Losses (gains) on dispositions of property										0	0	0
Deferred income taxes										0	0	0
Stock-based compensation										0	0	0
(Increase) decrease,
Prepaid expenses and other current assets										1,498	1,834	0
Other assets										0	0	0
Intercompany										0	0	0
Increase (decrease),
Accounts payable										0	0	0
Accrued expenses										0	0	0
Accrued interest										0	0	0
Accrued salaries and wages										0	0	0
Gaming, pari-mutuel, property and other taxes										0	0	0
Income taxes										-1,498	-1,834	0
Other current and noncurrent liabilities										0	0	0
Net cash provided by operating activities										-1,270,826	-137,910	0
Investing activities
Capital project expenditures, net of reimbursements										0	0	0
Capital maintenance expenditures										0	0	0
Proceeds from sale of property and equipment										0	0	0
Funding of loan receivable										0	0	0
Principal payments on loan receivable										0	0	0
Acquisition of real estate										0	0	0
Net cash used in investing activities										0	0	0
Financing activities
Net advances to Penn National Gaming, Inc.											0	0
Cash distribution to Penn National Gaming, Inc. in connection with Spin-Off											0
Dividends paid, including the Purging Distribution										0	0	0
Proceeds from exercise of options										0	0	0
Proceeds from issuance of long-term debt										0	0	0
Financing costs										0	0	0
Payments of long-term debt										0	0	0
Intercompany financing										1,270,826	137,910	0
Distribution in connection with 2013 Pre-Spin tax matter agreement										0
Net cash (used in) provided by financing activities										1,270,826	137,910	0
Net (decrease) increase in cash and cash equivalents										0	0	0
Cash and cash equivalents at beginning of period				0					0	0	0	0
Cash and cash equivalents at end of period	0				0					0	0	0
Parent Guarantor
Operating activities
Net income										556,417	48,512	0
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation										1,832	74	0
Amortization of debt issuance costs										0	0	0
Losses (gains) on dispositions of property										2	0	0
Deferred income taxes										0	0	0
Stock-based compensation										12,258	1,566	0
(Increase) decrease,
Prepaid expenses and other current assets										181	-1,944	0
Other assets										-1,645	-662	0
Intercompany										800	2,259	0
Increase (decrease),
Accounts payable										-16,995	20,073	0
Accrued expenses										-7,944	8,458	0
Accrued interest										0	0	0
Accrued salaries and wages										2,882	2,432	0
Gaming, pari-mutuel, property and other taxes										871	141	0
Income taxes										-1,441	-4,473	0
Other current and noncurrent liabilities										1,585	564	0
Net cash provided by operating activities										548,803	77,000	0
Investing activities
Capital project expenditures, net of reimbursements										-1,613	-5,532	0
Capital maintenance expenditures										0	0	0
Proceeds from sale of property and equipment										0	0	0
Funding of loan receivable										0	0	0
Principal payments on loan receivable										0	0	0
Acquisition of real estate										0	0	0
Net cash used in investing activities										-1,613	-5,532	0
Financing activities
Net advances to Penn National Gaming, Inc.											0	0
Cash distribution to Penn National Gaming, Inc. in connection with Spin-Off											-19,609
Dividends paid, including the Purging Distribution										-494,104	0	0
Proceeds from exercise of options										29,931	1,431	0
Proceeds from issuance of long-term debt										0	0	0
Financing costs										0	0	0
Payments of long-term debt										0	0	0
Intercompany financing										-122,540	-10,489	0
Distribution in connection with 2013 Pre-Spin tax matter agreement										-635
Net cash (used in) provided by financing activities										-587,348	-28,667	0
Net (decrease) increase in cash and cash equivalents										-40,158	42,801	0
Cash and cash equivalents at beginning of period				42,801					0	42,801	0	0
Cash and cash equivalents at end of period	2,643				42,801					2,643	42,801	0
Subsidiary Issuers
Operating activities
Net income										249,790	27,055	0
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation										89,833	14,822	0
Amortization of debt issuance costs										8,057	1,270	0
Losses (gains) on dispositions of property										-150	0	0
Deferred income taxes										0	0	0
Stock-based compensation										0	0	0
(Increase) decrease,
Prepaid expenses and other current assets										-10,741	0	0
Other assets										0	0
Intercompany										-4,015	0	0
Increase (decrease),
Accounts payable										15,526	-18,508	0
Accrued expenses										119	0	0
Accrued interest										-527	18,055	0
Accrued salaries and wages										0	0	0
Gaming, pari-mutuel, property and other taxes										0	0	0
Income taxes										-9,325	12,308	0
Other current and noncurrent liabilities										0	0	0
Net cash provided by operating activities										338,567	55,002	0
Investing activities
Capital project expenditures, net of reimbursements										-137,618	-7,510	0
Capital maintenance expenditures										0	0	0
Proceeds from sale of property and equipment										150	0	0
Funding of loan receivable										0	0	0
Principal payments on loan receivable										0	0	0
Acquisition of real estate										0	0	0
Net cash used in investing activities										-137,468	-7,510	0
Financing activities
Net advances to Penn National Gaming, Inc.											0	0
Cash distribution to Penn National Gaming, Inc. in connection with Spin-Off											-1,992,931
Dividends paid, including the Purging Distribution										0	0	0
Proceeds from exercise of options										0	0	0
Proceeds from issuance of long-term debt										291,950	2,350,000	0
Financing costs										-306	-48,147	0
Payments of long-term debt										-32,024	0	0
Intercompany financing										-677,364	-135,319	0
Distribution in connection with 2013 Pre-Spin tax matter agreement										0
Net cash (used in) provided by financing activities										-417,744	173,603	0
Net (decrease) increase in cash and cash equivalents										-216,645	221,095	0
Cash and cash equivalents at beginning of period				221,095					0	221,095	0	0
Cash and cash equivalents at end of period	4,450				221,095					4,450	221,095	0
Other Subsidiary Non-Issuers
Operating activities
Net income										650,003	82,173	22,919
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation										15,178	14,027	14,090
Amortization of debt issuance costs										0	0	0
Losses (gains) on dispositions of property										158	-39	-142
Deferred income taxes										-3,305	-5,646	-88
Stock-based compensation										0	0	0
(Increase) decrease,
Prepaid expenses and other current assets										-1,539	-775	1,513
Other assets										-15	0	0
Intercompany										3,215	-2,259	0
Increase (decrease),
Accounts payable										-181	1,073	-260
Accrued expenses										-619	-462	-456
Accrued interest										0	-839	0
Accrued salaries and wages										-638	-301	-394
Gaming, pari-mutuel, property and other taxes										-344	-148	-250
Income taxes										-6,490	-283	-10,162
Other current and noncurrent liabilities										1,292	19	-26
Net cash provided by operating activities										656,715	86,540	26,744
Investing activities
Capital project expenditures, net of reimbursements										0	844	-1,930
Capital maintenance expenditures										-3,538	-4,230	-3,260
Proceeds from sale of property and equipment										30	153	380
Funding of loan receivable										-43,000	0	0
Principal payments on loan receivable										9,000	0	0
Acquisition of real estate										-140,730	0	0
Net cash used in investing activities										-178,238	-3,233	-4,810
Financing activities
Net advances to Penn National Gaming, Inc.											-6,982	-24,518
Cash distribution to Penn National Gaming, Inc. in connection with Spin-Off											-77,460
Dividends paid, including the Purging Distribution										0	0	0
Proceeds from exercise of options										0	0	0
Proceeds from issuance of long-term debt										0	0	0
Financing costs										0	0	0
Payments of long-term debt										0	0	0
Intercompany financing										-470,922	7,898	0
Distribution in connection with 2013 Pre-Spin tax matter agreement										0
Net cash (used in) provided by financing activities										-470,922	-76,544	-24,518
Net (decrease) increase in cash and cash equivalents										7,555	6,763	-2,584
Cash and cash equivalents at beginning of period				21,325					14,562	21,325	14,562	17,146
Cash and cash equivalents at end of period	$28,880				$21,325					$28,880	$21,325	$14,562
[1]	The Company's fiscal year 2013 fourth quarter results include transaction costs of $13.5 million associated with the Spin-Off and depreciation expense of $14.8 million related to the real property assets transferred to GLPI as part of the Spin-Off. Also during the fourth quarter of 2013, the Company entered into a new five year senior unsecured credit facility and completed offerings of $2,050.0 million aggregate principal of new senior unsecured notes in October 2013. The Company incurred interest expense of $19.3 million related to its new borrowings during the fourth quarter of 2013.

Schedule_III_Real_Estate_Asset1

Schedule III Real Estate Assets and Accumulated Depreciation (Details) (USD $)	12 Months Ended
	Dec. 31, 2014		Dec. 31, 2013
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances	$0
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land and Improvements	454,004,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	2,108,591,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Net Capitalized Costs (Retirements) Subsequent to Acquisition, Carrying Costs	180,252,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	454,181,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	2,288,664,000
SEC Schedule III, Real Estate And Accumulated Depreciation, Real Estate Carrying Value	2,742,845,000	[1]	2,433,114,000	[2]
SEC Schedule III, Real Estate and Accumulated Depreciation, Accumulated Depreciation	-565,297,000		-484,488,000	[2]
SEC Schedule III, Real Estate, Federal Income Tax Basis	2,750,000,000
SEC Schedule III, Reconciliation of Carrying Amount of Real Estate Investments [Roll Forward]
Balance at the beginning of the period	2,433,114,000	[2]	0	[2]
Amounts contributed from Spin-Off	0		2,433,052,000	[2]
Acquisitions	140,730,000		0	[2]
Capital expenditures and assets placed in service	181,404,000		62,000	[2]
Dispositions	-12,403,000		0	[2]
Balance at the end of the period	2,742,845,000	[1]	2,433,114,000	[2]
SEC Schedule III, Reconciliation of Real Estate Accumulated Depreciation [Roll Forward]
Balance at the beginning of the period	-484,488,000	[2]	0	[2]
Amounts contributed from Spin-Off	0		-469,666,000	[2]
Depreciation expense	-92,750,000		-14,822,000	[2]
Dispositions	11,941,000		0	[2]
Balance at the end of the period	-565,297,000		-484,488,000	[2]
Hollywood Casino Lawrenceburg IN [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances	0
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land and Improvements	15,251,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	342,393,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Net Capitalized Costs (Retirements) Subsequent to Acquisition, Carrying Costs	0
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	15,251,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	342,392,000
SEC Schedule III, Real Estate And Accumulated Depreciation, Real Estate Carrying Value	357,643,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Accumulated Depreciation	-85,035,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Life Used for Depreciation	31 years
SEC Schedule III, Reconciliation of Carrying Amount of Real Estate Investments [Roll Forward]
Balance at the end of the period	357,643,000
SEC Schedule III, Reconciliation of Real Estate Accumulated Depreciation [Roll Forward]
Balance at the end of the period	-85,035,000
Hollywood Casino Aurora IL [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances	0
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land and Improvements	4,937,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	98,379,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Net Capitalized Costs (Retirements) Subsequent to Acquisition, Carrying Costs	-439,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	4,937,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	97,940,000
SEC Schedule III, Real Estate And Accumulated Depreciation, Real Estate Carrying Value	102,877,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Accumulated Depreciation	-48,889,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Life Used for Depreciation	30 years
SEC Schedule III, Reconciliation of Carrying Amount of Real Estate Investments [Roll Forward]
Balance at the end of the period	102,877,000
SEC Schedule III, Reconciliation of Real Estate Accumulated Depreciation [Roll Forward]
Balance at the end of the period	-48,889,000
Hollywood Casino Joliet IL [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances	0
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land and Improvements	19,214,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	101,104,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Net Capitalized Costs (Retirements) Subsequent to Acquisition, Carrying Costs	0
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	19,214,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	101,104,000
SEC Schedule III, Real Estate And Accumulated Depreciation, Real Estate Carrying Value	120,318,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Accumulated Depreciation	-38,926,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Life Used for Depreciation	31 years
SEC Schedule III, Reconciliation of Carrying Amount of Real Estate Investments [Roll Forward]
Balance at the end of the period	120,318,000
SEC Schedule III, Reconciliation of Real Estate Accumulated Depreciation [Roll Forward]
Balance at the end of the period	-38,926,000
Argosy Casino Alton IL [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances	0
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land and Improvements	0
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	6,462,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Net Capitalized Costs (Retirements) Subsequent to Acquisition, Carrying Costs	0
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	0
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	6,462,000
SEC Schedule III, Real Estate And Accumulated Depreciation, Real Estate Carrying Value	6,462,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Accumulated Depreciation	-3,791,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Life Used for Depreciation	31 years
SEC Schedule III, Reconciliation of Carrying Amount of Real Estate Investments [Roll Forward]
Balance at the end of the period	6,462,000
SEC Schedule III, Reconciliation of Real Estate Accumulated Depreciation [Roll Forward]
Balance at the end of the period	-3,791,000
Hollywood Casino Toledo OH [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances	0
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land and Improvements	12,003,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	144,094,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Net Capitalized Costs (Retirements) Subsequent to Acquisition, Carrying Costs	0
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	12,003,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	144,093,000
SEC Schedule III, Real Estate And Accumulated Depreciation, Real Estate Carrying Value	156,096,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Accumulated Depreciation	-13,722,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Life Used for Depreciation	31 years
SEC Schedule III, Reconciliation of Carrying Amount of Real Estate Investments [Roll Forward]
Balance at the end of the period	156,096,000
SEC Schedule III, Reconciliation of Real Estate Accumulated Depreciation [Roll Forward]
Balance at the end of the period	-13,722,000
Hollywood Casino Columbus OH [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances	0
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land and Improvements	38,240,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	188,543,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Net Capitalized Costs (Retirements) Subsequent to Acquisition, Carrying Costs	105,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	38,267,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	188,622,000
SEC Schedule III, Real Estate And Accumulated Depreciation, Real Estate Carrying Value	226,889,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Accumulated Depreciation	-16,004,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Life Used for Depreciation	31 years
SEC Schedule III, Reconciliation of Carrying Amount of Real Estate Investments [Roll Forward]
Balance at the end of the period	226,889,000
SEC Schedule III, Reconciliation of Real Estate Accumulated Depreciation [Roll Forward]
Balance at the end of the period	-16,004,000
Hollywood Casino at Charles Town Races WV [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances	0
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land and Improvements	35,102,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	233,069,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Net Capitalized Costs (Retirements) Subsequent to Acquisition, Carrying Costs	0
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	35,102,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	233,069,000
SEC Schedule III, Real Estate And Accumulated Depreciation, Real Estate Carrying Value	268,171,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Accumulated Depreciation	-93,991,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Life Used for Depreciation	31 years
SEC Schedule III, Reconciliation of Carrying Amount of Real Estate Investments [Roll Forward]
Balance at the end of the period	268,171,000
SEC Schedule III, Reconciliation of Real Estate Accumulated Depreciation [Roll Forward]
Balance at the end of the period	-93,991,000
Hollywood Casino at Penn National Race Course PA [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances	0
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land and Improvements	25,500,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	161,810,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Net Capitalized Costs (Retirements) Subsequent to Acquisition, Carrying Costs	0
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	25,500,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	161,810,000
SEC Schedule III, Real Estate And Accumulated Depreciation, Real Estate Carrying Value	187,310,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Accumulated Depreciation	-48,052,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Life Used for Depreciation	31 years
SEC Schedule III, Reconciliation of Carrying Amount of Real Estate Investments [Roll Forward]
Balance at the end of the period	187,310,000
SEC Schedule III, Reconciliation of Real Estate Accumulated Depreciation [Roll Forward]
Balance at the end of the period	-48,052,000
M Resort NV [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances	0
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land and Improvements	66,104,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	126,689,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Net Capitalized Costs (Retirements) Subsequent to Acquisition, Carrying Costs	0
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	66,104,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	126,689,000
SEC Schedule III, Real Estate And Accumulated Depreciation, Real Estate Carrying Value	192,793,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Accumulated Depreciation	-16,525,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Life Used for Depreciation	30 years
SEC Schedule III, Reconciliation of Carrying Amount of Real Estate Investments [Roll Forward]
Balance at the end of the period	192,793,000
SEC Schedule III, Reconciliation of Real Estate Accumulated Depreciation [Roll Forward]
Balance at the end of the period	-16,525,000
Hollywood Casino Bangor ME [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances	0
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land and Improvements	12,883,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	84,257,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Net Capitalized Costs (Retirements) Subsequent to Acquisition, Carrying Costs	0
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	12,883,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	84,257,000
SEC Schedule III, Real Estate And Accumulated Depreciation, Real Estate Carrying Value	97,140,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Accumulated Depreciation	-19,690,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Life Used for Depreciation	31 years
SEC Schedule III, Reconciliation of Carrying Amount of Real Estate Investments [Roll Forward]
Balance at the end of the period	97,140,000
SEC Schedule III, Reconciliation of Real Estate Accumulated Depreciation [Roll Forward]
Balance at the end of the period	-19,690,000
Zia Park Casino NM [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances	0
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land and Improvements	9,313,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	38,947,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Net Capitalized Costs (Retirements) Subsequent to Acquisition, Carrying Costs	0
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	9,313,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	38,947,000
SEC Schedule III, Real Estate And Accumulated Depreciation, Real Estate Carrying Value	48,260,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Accumulated Depreciation	-12,865,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Life Used for Depreciation	31 years
SEC Schedule III, Reconciliation of Carrying Amount of Real Estate Investments [Roll Forward]
Balance at the end of the period	48,260,000
SEC Schedule III, Reconciliation of Real Estate Accumulated Depreciation [Roll Forward]
Balance at the end of the period	-12,865,000
Hollywood Casino Bay St Louis MS [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances	0
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land and Improvements	59,388,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	87,352,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Net Capitalized Costs (Retirements) Subsequent to Acquisition, Carrying Costs	-17,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	59,388,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	87,335,000
SEC Schedule III, Real Estate And Accumulated Depreciation, Real Estate Carrying Value	146,723,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Accumulated Depreciation	-36,697,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Life Used for Depreciation	40 years
SEC Schedule III, Reconciliation of Carrying Amount of Real Estate Investments [Roll Forward]
Balance at the end of the period	146,723,000
SEC Schedule III, Reconciliation of Real Estate Accumulated Depreciation [Roll Forward]
Balance at the end of the period	-36,697,000
Argosy Casino Riverside MO [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances	0
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land and Improvements	23,468,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	143,301,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Net Capitalized Costs (Retirements) Subsequent to Acquisition, Carrying Costs	0
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	23,468,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	143,301,000
SEC Schedule III, Real Estate And Accumulated Depreciation, Real Estate Carrying Value	166,769,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Accumulated Depreciation	-43,578,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Life Used for Depreciation	37 years
SEC Schedule III, Reconciliation of Carrying Amount of Real Estate Investments [Roll Forward]
Balance at the end of the period	166,769,000
SEC Schedule III, Reconciliation of Real Estate Accumulated Depreciation [Roll Forward]
Balance at the end of the period	-43,578,000
Hollywood Casino Tunica MS [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances	0
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land and Improvements	4,634,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	42,031,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Net Capitalized Costs (Retirements) Subsequent to Acquisition, Carrying Costs	0
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	4,634,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	42,031,000
SEC Schedule III, Real Estate And Accumulated Depreciation, Real Estate Carrying Value	46,665,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Accumulated Depreciation	-20,452,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Life Used for Depreciation	31 years
SEC Schedule III, Reconciliation of Carrying Amount of Real Estate Investments [Roll Forward]
Balance at the end of the period	46,665,000
SEC Schedule III, Reconciliation of Real Estate Accumulated Depreciation [Roll Forward]
Balance at the end of the period	-20,452,000
Boomtown Biloxi MS [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances	0
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land and Improvements	3,423,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	63,083,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Net Capitalized Costs (Retirements) Subsequent to Acquisition, Carrying Costs	0
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	3,423,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	63,083,000
SEC Schedule III, Real Estate And Accumulated Depreciation, Real Estate Carrying Value	66,506,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Accumulated Depreciation	-34,138,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Life Used for Depreciation	15 years
SEC Schedule III, Reconciliation of Carrying Amount of Real Estate Investments [Roll Forward]
Balance at the end of the period	66,506,000
SEC Schedule III, Reconciliation of Real Estate Accumulated Depreciation [Roll Forward]
Balance at the end of the period	-34,138,000
Hollywood Casino St Louis MO [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances	0
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land and Improvements	44,198,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	177,063,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Net Capitalized Costs (Retirements) Subsequent to Acquisition, Carrying Costs	0
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	44,198,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	177,063,000
SEC Schedule III, Real Estate And Accumulated Depreciation, Real Estate Carrying Value	221,261,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Accumulated Depreciation	-28,167,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Life Used for Depreciation	13 years
SEC Schedule III, Reconciliation of Carrying Amount of Real Estate Investments [Roll Forward]
Balance at the end of the period	221,261,000
SEC Schedule III, Reconciliation of Real Estate Accumulated Depreciation [Roll Forward]
Balance at the end of the period	-28,167,000
Hollywood Casino at Dayton Raceway OH [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances	0
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land and Improvements	3,211,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	0
SEC Schedule III, Real Estate and Accumulated Depreciation, Net Capitalized Costs (Retirements) Subsequent to Acquisition, Carrying Costs	86,288,000	[3]
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	3,211,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	86,288,000
SEC Schedule III, Real Estate And Accumulated Depreciation, Real Estate Carrying Value	89,499,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Accumulated Depreciation	-1,031,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Life Used for Depreciation	31 years
SEC Schedule III, Reconciliation of Carrying Amount of Real Estate Investments [Roll Forward]
Balance at the end of the period	89,499,000
SEC Schedule III, Reconciliation of Real Estate Accumulated Depreciation [Roll Forward]
Balance at the end of the period	-1,031,000
Hollywood Casino at Mahoning Valley Race Track OH [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances	0
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land and Improvements	5,683,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	0
SEC Schedule III, Real Estate and Accumulated Depreciation, Net Capitalized Costs (Retirements) Subsequent to Acquisition, Carrying Costs	94,315,000	[3]
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	5,833,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	94,164,000
SEC Schedule III, Real Estate And Accumulated Depreciation, Real Estate Carrying Value	99,997,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Accumulated Depreciation	-827,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Life Used for Depreciation	31 years
SEC Schedule III, Reconciliation of Carrying Amount of Real Estate Investments [Roll Forward]
Balance at the end of the period	99,997,000
SEC Schedule III, Reconciliation of Real Estate Accumulated Depreciation [Roll Forward]
Balance at the end of the period	-827,000
Casino Queen IL [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances	0
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land and Improvements	70,716,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	70,014,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Net Capitalized Costs (Retirements) Subsequent to Acquisition, Carrying Costs	0
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	70,716,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	70,014,000
SEC Schedule III, Real Estate And Accumulated Depreciation, Real Estate Carrying Value	140,730,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Accumulated Depreciation	-2,917,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Life Used for Depreciation	31 years
SEC Schedule III, Reconciliation of Carrying Amount of Real Estate Investments [Roll Forward]
Balance at the end of the period	140,730,000
SEC Schedule III, Reconciliation of Real Estate Accumulated Depreciation [Roll Forward]
Balance at the end of the period	-2,917,000
GLPI Corporate Office [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances	0
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land and Improvements	736,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	0
SEC Schedule III, Real Estate and Accumulated Depreciation, Net Capitalized Costs (Retirements) Subsequent to Acquisition, Carrying Costs	0
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	736,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	0
SEC Schedule III, Real Estate And Accumulated Depreciation, Real Estate Carrying Value	736,000	[4]
SEC Schedule III, Real Estate and Accumulated Depreciation, Accumulated Depreciation	0
SEC Schedule III, Reconciliation of Carrying Amount of Real Estate Investments [Roll Forward]
Balance at the end of the period	736,000	[4]
SEC Schedule III, Reconciliation of Real Estate Accumulated Depreciation [Roll Forward]
Balance at the end of the period	0
Rental Properties [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
SEC Schedule III, Real Estate and Accumulated Depreciation, Amount of Encumbrances	0
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Land and Improvements	453,268,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Initial Cost of Buildings and Improvements	2,108,591,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Net Capitalized Costs (Retirements) Subsequent to Acquisition, Carrying Costs	180,252,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Land	453,445,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Carrying Amount of Buildings and Improvements	2,288,664,000
SEC Schedule III, Real Estate And Accumulated Depreciation, Real Estate Carrying Value	2,742,109,000
SEC Schedule III, Real Estate and Accumulated Depreciation, Accumulated Depreciation	-565,297,000
SEC Schedule III, Reconciliation of Carrying Amount of Real Estate Investments [Roll Forward]
Balance at the end of the period	2,742,109,000
SEC Schedule III, Reconciliation of Real Estate Accumulated Depreciation [Roll Forward]
Balance at the end of the period	($565,297,000)
[1]	The aggregate cost for federal income tax purposes of the properties listed above was $2.75 billion at December 31, 2014.
[2]	The Company's real estate operations commenced on November 1, 2013, in connection with the Spin-Off. See Note 1 to the consolidated financial statements for further information regarding the Spin-Off.
[3]	Hollywood Casino at Dayton Raceway and Hollywood Casino at Mahoning Valley Race Course were jointly developed with Penn National Gaming, Inc. The costs capitalized subsequent to acquisition represent the capital expenditures incurred by the Company subsequent to the transfer of the development properties at Spin-Off. Both properties commenced operations and began paying rent during the year ended December 31, 2014.
[4]	Excludes the amounts classified as construction in progress, as presented on the real estate investments, net line item of the Company's consolidated balance sheets and detailed in Note 6 to the consolidated financial statements.