Company: GLPI
Filing Date: 2025-07-24
Form Type: 10-Q
Source: 0001575965-25-000031
Chunk: 109

Company: Gaming & Leisure Properties, Inc.
Filing Date: 2025-07-24
Form: 10-Q
Item: Part I, Item 8
Chunk 109
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 5,118 4,788 9,906 Tioga Downs Lease2,651 3,767 6,418 3,105 9,523 Strategic Lease1,134 3,067 4,201 $1,696 5,897 Tropicana LV Lease23,681 9,157 32,838 $2,268 35,106 Totals$57,746 $36,014 $93,760 $46,223 $139,983 Balance at December 31, 2023Change in AllowanceBalance at March 31, 2024Change in AllowanceBalance at June 30, 2024Maryland Live! Lease$5,661 $7,094 12,755 (1,871)10,884 Pennsylvania Live! Master Lease13,636 12,949 26,585 (1,854)24,731 Rockford Lease2,674 582 3,256 $(303)2,953 Tioga Downs Lease— 1,579 1,579 (150)1,429 Strategic Lease$— $— $— $856 856 Totals$21,971 $22,204 $44,175 $(3,322)$40,853 

15

The amortized cost basis of the Company's investment in leases, financing receivables by year of origination is shown below as of June 30, 2025 (in thousands):Origination yearInvestment in leases, financing receivablesAllowance for credit lossesAmortized cost basis at  June 30, 2025Allowance as a percentage of outstanding financing receivable2024$297,411 $(15,420)$281,991 (5.18)%2023103,889 (9,906)93,983 (9.54)%2022718,074 (50,980)667,094 (7.10)%20211,261,571 (28,571)1,233,000 (2.26)%Total$2,380,945 $(104,877)$2,276,068 (4.40)%The amortized cost basis of the Company's investment in leases, sales type by year of origination is shown below as of June 30, 2025 (in