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Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenues:        
Site leasing $ 388,168 $ 371,993 $ 1,144,461 $ 1,112,182
Site development 23,151 38,742 72,159 119,351
Total revenues 411,319 410,735 1,216,620 1,231,533
Cost of revenues (exclusive of depreciation, accretion, and amortization shown below):        
Cost of site leasing 86,354 81,346 255,609 243,298
Cost of site development 19,114 30,387 59,021 91,662
Selling, general, and administrative [1],[2] 32,255 27,872 110,326 86,017
Acquisition related adjustments and expenses 2,970 364 8,974 7,483
Asset impairment and decommission costs 2,305 63,353 23,180 74,185
Depreciation, accretion, and amortization 160,111 164,330 479,635 498,560
Total operating expenses 303,109 367,652 936,745 1,001,205
Operating income 108,210 43,083 279,875 230,328
Other income (expense):        
Interest income 3,101 1,276 7,704 2,284
Interest expense (83,426) (81,877) (250,913) (238,439)
Non-cash interest expense (585) (449) (1,500) (1,051)
Amortization of deferred financing fees (5,445) (4,803) (16,035) (13,973)
Loss from extinguishment of debt, net (34,512)   (34,512)  
Other (expense) income, net (1,139) (111,250) 92,137 (178,710)
Total other expense (122,006) (197,103) (203,119) (429,889)
(Loss) income before provision for income taxes (13,796) (154,020) 76,756 (199,561)
Provision for income taxes (1,574) (1,926) (5,780) (7,112)
Net (loss) income $ (15,370) $ (155,946) $ 70,976 $ (206,673)
Net (loss) income per common share        
Basic $ (0.12) $ (1.23) $ 0.57 $ (1.61)
Diluted $ (0.12) $ (1.23) $ 0.56 $ (1.61)
Weighted average number of common shares        
Basic 124,604 127,170 125,041 128,397
Diluted 124,604 127,170 125,761 128,397
[1] Includes non-cash compensation of $7,970 and $6,631 for the three months ended September 30, 2016 and 2015, respectively, and $24,440 and $21,604 for the nine months ended September 30, 2016 and 2015, respectively.
[2] Includes the impact of the $16,498 Oi reserve for the nine months ended September 30, 2016.