Acquisitions (Tables)

12 Months Ended

Dec. 31, 2019



	For the year ended December 31,
	2019		2018		2017
Tower acquisitions (number of towers)		2,443		1,316		1,425

Schedule of Acquisition Capital Expenditures



	For the year ended December 31,
	2019		2018		2017

		(in thousands)
Acquisitions of towers and related intangible assets ^{(1) (2)}	$	701,471	$	406,699	$	392,902
Land buyouts and other assets ⁽³⁾		72,486		45,130		48,645
Total cash acquisition capital expenditures	$	773,957	$	451,829	$	441,547

(1)The year ended December 31, 2019 excludes $1.7 million of acquisitions costs funded through the issuance of 10,000 shares of Class A common stock. The year ended December 31, 2017 excludes $63.3 million of acquisition costs funded through the issuance of 487,963 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 year ended December 31, 2019 excludes $72.0 million associated with the consolidation of this entity.

(3)The Company paid $15.2 million, $24.3 million, and $18.8 million for ground lease extensions and term easements on land underlying the Company’s towers during the years ending December 31, 2019, 2018, and 2017, respectively. The Company recorded these amounts in prepaid rent on its Consolidated Balance Sheets.