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Acquisitions (Tables)
 6 Months Ended
Jun. 30, 2017
Acquisitions [Abstract]  
Schedule Of Acquisition Capital Expenditures



 

 

 

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

 

 

 



 

For the three months

 

For the six months



 

ended June 30,

 

ended June 30,



 

2017

 

2016

 

2017

 

2016



 

 

 

 

 

 

 

 

 

 

 

 



 

(in thousands)

Towers and related intangible assets (1) (2)

 

$

 26,991 

 

$

 38,668 

 

$

 58,138 

 

$

 113,512 

Land buyouts and other assets (3)

 

 

 12,539 

 

 

 18,204 

 

 

 24,043 

 

 

 35,192 

Total cash acquisition capital expenditures

 

$

 39,530 

 

$

 56,872 

 

$

 82,181 

 

$

 148,704 



(1)

2017 excludes $63.3 million of acquisition costs paid through the issuance of 487,963 shares of Class A common stock.

(2)

Excludes $39.6 million of acquisitions completed during the second quarter of 2017 which were not funded as of June 30, 2017.

(3)

In addition, the Company paid $5.0 million and $2.9 million for ground lease extensions during the three months ended June 30, 2017 and 2016, respectively, and paid $8.1 million and $6.6 million for ground lease extensions during the six months ended June 30, 2017 and 2016, respectively. The Company recorded these amounts in prepaid rent on its Consolidated Balance Sheets.