Acquisitions (Tables)

9 Months Ended

Sep. 30, 2019

Acquisitions [Abstract]

Schedule of Acquisition Capital Expenditures

	For the three months				For the nine months
	ended September 30,				ended September 30,
	2019		2018		2019		2018
	(in thousands)
Acquisitions of towers and related intangible assets (1) (2)	$	99,173	$	110,464	$	224,585	$	372,054
Land buyouts and other assets (3)		33,346		8,008		59,116		31,781
Total cash acquisition capital expenditures	$	132,519	$	118,472	$	283,701	$	403,835

(1)The nine months ended September 30, 2019 excludes $1.7 million of acquisition costs funded through the issuance of 10,000 shares of Class A common stock.

(2)On August 30, 2019, the Company acquired an additional interest of a previously unconsolidated joint venture in South Africa which resulted in the consolidation of the entity. The cash consideration is included herein. Furthermore, the three and nine months ended September 30, 2019 excludes $72.0 million associated with the consolidation of this entity.

(3)In addition, the Company paid $7.0 million and $6.7 million for ground lease extensions and term easements on land underlying the Company’s towers during the three months ended September 30, 2019 and 2018, respectively, and paid $13.1 million and $16.4 million for ground lease extensions and term easements on land underlying the Company’s towers during the nine months ended September 30, 2019 and 2018, respectively. The Company recorded these amounts in prepaid rent on its Consolidated Balance Sheets.