XML 43 R80.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Debt (Secured Tower Revenue Securities) (Narrative) (Details)
12 Months Ended
Sep. 13, 2019
USD ($)
Mar. 09, 2018
USD ($)
Apr. 17, 2017
USD ($)
Jul. 07, 2016
USD ($)
Oct. 14, 2015
USD ($)
Oct. 15, 2014
USD ($)
Apr. 18, 2013
USD ($)
Aug. 09, 2012
USD ($)
Dec. 31, 2019
USD ($)
site
Dec. 31, 2018
USD ($)
Debt Instrument [Line Items]                    
Debt instrument, principal balance                 $ 10,414,000,000 $ 10,028,000,000
Tower Securities [Member]                    
Debt Instrument [Line Items]                    
Aggregate number of tower sites owned by Borrowers | site                 10,043  
Property management fee percentage                 4.50%  
U.S. Treasury rate term                 10 years  
Interest added to Treasury rate and credit-based spread for non-compliance                 5.00%  
2012 Secured Tower Revenue Securities [Member]                    
Debt Instrument [Line Items]                    
Debt instrument, face amount               $ 610,000,000.0    
Debt instrument, interest rate, stated percentage               2.933%    
Repayment date of debt instrument               Dec. 11, 2017    
Debt instrument, maturity date               Dec. 09, 2042    
Financing fees               $ 14,900,000    
Write-off of deferred financing fees     $ 2,000,000.0              
2013 Secured Tower Revenue Securities [Member]                    
Debt Instrument [Line Items]                    
Debt instrument, face amount             $ 1,330,000,000      
Financing fees             $ 25,500,000      
Debt instrument, weighted average interest rate             3.218%      
2013-1C Tower Securities [Member]                    
Debt Instrument [Line Items]                    
Debt instrument, face amount             $ 425,000,000.0      
Debt instrument, interest rate, stated percentage             2.24%      
Repayment date of debt instrument             Apr. 10, 2018      
Debt instrument, maturity date             Apr. 09, 2043      
2013-2C Tower Securities [Member]                    
Debt Instrument [Line Items]                    
No prepayment consideration period                 18 months  
Debt instrument, face amount             $ 575,000,000.0      
Debt instrument, interest rate, stated percentage             3.722%      
Repayment date of debt instrument             Apr. 11, 2023      
Debt instrument, maturity date             Apr. 09, 2048   Apr. 11, 2023  
Debt instrument, principal balance                 $ 575,000,000 575,000,000
2013-1D Tower Securities [Member]                    
Debt Instrument [Line Items]                    
Debt instrument, face amount             $ 330,000,000.0      
Debt instrument, interest rate, stated percentage             3.598%      
Repayment date of debt instrument             Apr. 10, 2018      
Debt instrument, maturity date             Apr. 09, 2043      
2014 Tower Securities [Member]                    
Debt Instrument [Line Items]                    
Financing fees           $ 22,500,000        
2014-1C Tower Securities [Member]                    
Debt Instrument [Line Items]                    
Debt instrument, face amount           $ 920,000,000.0        
Debt instrument, interest rate, stated percentage           2.898%        
Repayment date of debt instrument           Oct. 08, 2019        
Debt instrument, maturity date           Oct. 11, 2044     Oct. 08, 2019  
Financing fees $ 400,000                  
Repayments of long-term debt 920,000,000.0                  
Debt instrument, principal balance                   920,000,000
2014-2C Tower Securities [Member]                    
Debt Instrument [Line Items]                    
No prepayment consideration period                 18 months  
Debt instrument, face amount           $ 620,000,000.0        
Debt instrument, interest rate, stated percentage           3.869%        
Repayment date of debt instrument           Oct. 08, 2024        
Debt instrument, maturity date           Oct. 08, 2049     Oct. 08, 2024  
Debt instrument, principal balance                 $ 620,000,000 620,000,000
2015-1C Tower Securities [Member]                    
Debt Instrument [Line Items]                    
No prepayment consideration period                 12 months  
Debt instrument, face amount         $ 500,000,000.0          
Debt instrument, interest rate, stated percentage         3.156%          
Repayment date of debt instrument         Oct. 08, 2020          
Debt instrument, maturity date         Oct. 10, 2045       Oct. 08, 2020  
Financing fees         $ 11,200,000          
Debt service coverage ratio                 2  
Term required to maintain reserve if debt service coverage ratio is exceeded                 2 months  
Debt instrument, principal balance                 $ 500,000,000 500,000,000
2016-1C Tower Securities [Member]                    
Debt Instrument [Line Items]                    
No prepayment consideration period                 12 months  
Debt instrument, face amount       $ 700,000,000.0            
Debt instrument, interest rate, stated percentage       2.877%            
Repayment date of debt instrument       Jul. 09, 2021            
Debt instrument, maturity date       Jul. 10, 2046         Jul. 09, 2021  
Financing fees       $ 9,500,000            
Debt instrument, principal balance                 $ 700,000,000 700,000,000
2017-1C Tower Securities [Member]                    
Debt Instrument [Line Items]                    
No prepayment consideration period                 12 months  
Debt instrument, face amount     $ 760,000,000.0              
Debt instrument, interest rate, stated percentage     3.168%              
Repayment date of debt instrument     Apr. 11, 2022              
Debt instrument, maturity date     Apr. 09, 2047           Apr. 11, 2022  
Financing fees     $ 10,200,000              
Debt instrument, principal balance                 $ 760,000,000 760,000,000
2017-1R Tower Securities [Member]                    
Debt Instrument [Line Items]                    
Debt instrument, face amount     $ 40,000,000.0              
Debt instrument, interest rate, stated percentage     4.459%              
Repayment date of debt instrument     Apr. 11, 2022              
Debt instrument, maturity date     Apr. 09, 2047              
2018-1C Tower Securities [Member]                    
Debt Instrument [Line Items]                    
No prepayment consideration period                 12 months  
Debt instrument, face amount   $ 640,000,000.0                
Debt instrument, interest rate, stated percentage   3.448%                
Repayment date of debt instrument   Mar. 09, 2023                
Debt instrument, maturity date   Mar. 09, 2048             Mar. 09, 2023  
Financing fees   $ 8,600,000                
Debt instrument, principal balance                 $ 640,000,000 $ 640,000,000
2018-1R Tower Securities [Member]                    
Debt Instrument [Line Items]                    
Debt instrument, face amount   $ 33,700,000                
Debt instrument, interest rate, stated percentage   4.949%                
Repayment date of debt instrument   Mar. 09, 2023                
Debt instrument, maturity date   Mar. 09, 2048                
2019-1C Tower Securities [Member]                    
Debt Instrument [Line Items]                    
No prepayment consideration period                 12 months  
Debt instrument, face amount $ 1,165,000,000                  
Debt instrument, interest rate, stated percentage 2.836%                  
Repayment date of debt instrument Jan. 12, 2025                  
Debt instrument, maturity date Jan. 12, 2050               Jan. 12, 2025  
Financing fees $ 12,500,000                  
Debt instrument, principal balance                 $ 1,165,000,000  
Mortgage Loan [Member]                    
Debt Instrument [Line Items]                    
Debt instrument, increase 1,200,000,000                  
Debt instrument, increase after giving effect to prepayment of loan components (306,400,000)                  
Debt instrument, principal balance   $ 5,000,000,000.0                
SBA Guarantor, LLC [Member] | 2019-1R Tower Securities [Member]                    
Debt Instrument [Line Items]                    
Debt instrument, face amount $ 61,400,000,000                  
Debt instrument, interest rate, stated percentage 4.213%                  
Repayment date of debt instrument Jan. 12, 2025                  
Debt instrument, maturity date Jan. 12, 2050                  
Minimum [Member] | Tower Securities [Member]                    
Debt Instrument [Line Items]                    
Additional interest rate for non-compliance                 5.00%  
Excess Cash Flow Reserve [Member] | Minimum [Member] | Tower Securities [Member]                    
Debt Instrument [Line Items]                    
Debt service coverage ratio                 1.30  
Amortization Period Prepay [Member] | Maximum [Member] | Tower Securities [Member]                    
Debt Instrument [Line Items]                    
Debt service coverage ratio                 1.15