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Acquisitions (Tables)
6 Months Ended
Jun. 30, 2020
Acquisitions [Abstract]  
Schedule of Acquisition Capital Expenditures

For the three months

For the six months

ended June 30,

ended June 30,

2020

2019

2020

2019

(in thousands)

Acquisitions of towers and related intangible assets (1)

$

17,150

$

83,264

$

99,424

$

125,412

Land buyouts and other assets (2)

12,354

12,631

19,611

25,770

Total cash acquisition capital expenditures

$

29,504

$

95,895

$

119,035

$

151,182

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

(2)In addition, the Company paid $1.6 million and $3.5 million for ground lease extensions and term easements on land underlying the Company’s towers during the three months ended June 30, 2020 and 2019, respectively, and paid $3.6 million and $6.7 million for ground lease extensions and term easements on land underlying the Company’s towers during the six

months ended June 30, 2020 and 2019, respectively. The Company recorded these amounts in prepaid rent on its Consolidated Balance Sheets.