Commitments and Contingencies

6 Months Ended

Jun. 30, 2019

Commitments and Contingencies [Abstract]

Commitments and Contingencies

16. COMMITMENTS AND CONTINGENCIES

The Company is obligated under various non-cancelable operating leases for land, office space, equipment and site leases. In addition, the Company is obligated under various non-cancelable financing leases for vehicles. The annual minimum lease payments, including fixed rate escalations, as of June 30, 2019 are as follows (in thousands):

	Finance Leases		Operating Leases
The remainder of 2019	$	642	$	119,242
2020		917		239,734
2021		738		241,298
2022		522		242,197
2023		73		241,904
Thereafter		—		3,230,131
Total minimum lease payments		2,892		4,314,506
Less: amount representing interest		(164)		(1,850,029)
Present value of future payments		2,728		2,464,477
Less: current obligations		(1,087)		(230,594)
Long-term obligations	$	1,641	$	2,233,883

Tenant (Operating) Leases

The annual minimum tower lease income to be received for tower space rental under non-cancelable operating leases, including fixed rate escalations, as of June 30, 2019 is as follows:

	(in thousands)
The remainder of 2019	$	833,579
2020		1,504,990
2021		1,262,458
2022		1,005,159
2023		795,635
Thereafter		2,216,854
Total	$	7,618,675