Property and Equipment, Net (Tables)

6 Months Ended

Jun. 30, 2021

Property and Equipment, Net [Abstract]

Property and Equipment, Net (Including Assets Held Under Capital Leases)

	As of		As of
	June 30, 2021		December 31, 2020
	(in thousands)
Towers and related components	$	5,292,525	$	5,213,019
Construction-in-process (1)		35,143		38,065
Furniture, equipment, and vehicles		55,750		54,610
Land, buildings, and improvements		831,958		818,272
Total property and equipment		6,215,376		6,123,966
Less: accumulated depreciation		(3,590,279)		(3,446,640)
Property and equipment, net	$	2,625,097	$	2,677,326

(1)Construction-in-process represents costs incurred related to towers that are under development and will be used in the Company’s site leasing operations.