Acquisitions (Tables)

12 Months Ended

Dec. 31, 2014

Schedule Of Recognized Identified Assets Acquired And Liabilities Assumed

On March 31, 2014, the Company acquired 2,007 towers in Brazil from Oi S.A. for an aggregate purchase price of $673.9 million in cash. The preliminary estimate of the fair value of the assets acquired and liabilities assumed relating to the Oi S.A. acquisition is summarized below (in thousands):



Property and equipment	$	103,586
Intangible assets		570,312
Net assets acquired	$	673,898

For the year ended December 31, 2014, total revenue for this acquisition was $60.7 million.

On December 1, 2014, the Company acquired 1,641 towers in Brazil from Oi S.A. for an aggregate purchase price of $463.2 million in cash. The preliminary estimate of the fair value of the assets acquired and liabilities assumed relating to the Oi S.A. acquisition is summarized below (in thousands):



Property and equipment	$	62,957
Intangible assets		400,205
Net assets acquired	$	463,162

Schedule Of Acquisition Activity



	For the year ended December 31,
	2014		2013		2012
Tower acquisitions (number of towers)		4,030		2,502		6,630

Schedule Of Acquisition Capital Expenditures



	For the year ended December 31,
	2014		2013		2012
		(in thousands)
Towers and related intangible assets (1)	$	1,540,258	$	628,423	$	2,205,859
Ground lease buyouts (2)		44,964		48,956		46,865
Total cash acquisition capital expenditures	$	1,585,222	$	677,379	$	2,252,724

(1)

Total acquisition capital expenditures for the year ended December 31, 2013, included $175.9 million related to an acquisition in Brazil which closed in the fourth quarter of 2012 and funded on January 4, 2013.

(2)

In addition, the Company paid $10.8 million, $9.1 million, and $9.7 million for ground lease extensions during the years ending 2014, 2013, and 2012, respectively. The Company recorded these amounts in prepaid rent on its Consolidated Balance Sheet.