The location and general characteristics of our properties are provided in Part I, Item 1. Business. As detailed in the aforementioned section, the majority of our facilities are subject to leases of the underlying real estate assets, which among other things, includes the land underlying the facility and the buildings used in the operations.
The following table lists certain of our land holdings as of December 31, 2020.
| | Approximate |
|---|
| Name and Location | | Acres |
| Las Vegas Strip Resorts | | |
| Bellagio(1) | | 75 |
| MGM Grand Las Vegas(4) | | 102 |
| Mandalay Bay(4) | | 124 |
| The Mirage(2) | | 77 |
| Luxor(2)(5) | | 73 |
| Excalibur(2) | | 51 |
| New York-New York(2)(6) | | 23 |
| Park MGM(2) | | 21 |
| Regional Operations | | |
| MGM Grand Detroit (Detroit, Michigan)(2) | | 27 |
| Beau Rivage (Biloxi, Mississippi)(2)(7) | | 42 |
| Gold Strike (Tunica, Mississippi)(2) | | 24 |
| MGM National Harbor (Prince George's County, Maryland)(2)(8) | | 23 |
| Borgata (Atlantic City, New Jersey)(2)(9) | | 46 |
| MGM Springfield (Springfield, Massachusetts) | | 14 |
| MGM Northfield Park (Northfield, Ohio)(2) | | 113 |
| Empire City (Yonkers, New York)(2)(10) | | 97 |
| MGM China | | |
| MGM Macau(3) | | 10 |
| MGM Cotai(3) | | 18 |
| (1) | Subject to a lease agreement between a subsidiary of ours and the Bellagio BREIT Venture, in which the land and the real estate assets are owned and leased from the Bellagio BREIT Venture. |
|---|
| (2) | Subject to a master lease agreement between a subsidiary of ours and a subsidiary of the Operating Partnership, in which the land and the real estate assets are leased from a subsidiary of the Operating Partnership. |
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| (3) | Subject to separate land concession agreements with the Macau government. |
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| (4) | Subject to a master lease agreement between a subsidiary of ours and MGP BREIT Venture, in which the land and the real estate assets are leased from MGP BREIT Venture. |
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| (5) | Includes 15 acres of land located across the Las Vegas Strip from Luxor. |
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| (6) | Includes 3 acres of land related to The Park entertainment district development located between Park MGM and New York-New York. |
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| (7) | 10 acres are subject to a tidelands lease. |
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| (8) | All 23 acres are subject to a ground lease. |
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| (9) | 11 acres are subject to ground leases. |
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| (10) | Includes 57 acres of land adjacent to the property. |
|---|
The land and substantially all of the assets of MGP’s properties, indicated within the table above, other than MGM National Harbor and Empire City, secure the obligations under the Operating Partnership’s credit agreement. These borrowings are non-recourse to us.
Other than as described above, none of our properties are subject to any major encumbrance.
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