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Debt (Tables)
12 Months Ended
Dec. 31, 2021
Debt [Abstract]  
Schedule of Principal Values, Fair Values, and Carrying Values of Debt As of As of December 31, 2021 December 31, 2020 Maturity Date Principal ‎Balance Fair Value Carrying ‎Value Principal ‎Balance Fair Value Carrying ‎ValueRevolving Credit Facility Jul. 7, 2026 $ 350,000  $ 350,000  $ 350,000  $ 380,000  $ 380,000  $ 380,000 2018 Term Loan Apr. 11, 2025 2,316,000  2,289,945  2,304,697  2,340,000  2,310,750  2,325,391 2013-2C Tower Securities (1) Apr. 11, 2023 — — — 575,000  599,662  572,063 2014-2C Tower Securities (1) Oct. 8, 2024 620,000  641,793  617,095  620,000  670,003  616,131 2017-1C Tower Securities (1) Apr. 11, 2022 — — — 760,000  774,410  757,165 2018-1C Tower Securities (1) Mar. 9, 2023 640,000  650,163  637,812  640,000  671,341  636,045 2019-1C Tower Securities (1) Jan. 12, 2025 1,165,000  1,174,728  1,157,446  1,165,000  1,218,613  1,155,106 2020-1C Tower Securities (1) Jan. 9, 2026 750,000  746,498  744,052  750,000  752,910  742,782 2020-2C Tower Securities (1) Jan. 11, 2028 600,000  605,268  594,774  600,000  597,840  594,081 2021-1C Tower Securities (1) Nov. 9, 2026 1,165,000  1,144,846  1,153,700  — — —2021-2C Tower Securities (1) Apr. 9, 2027 895,000  883,213  886,116  — — —2021-3C Tower Securities (1) Oct. 9, 2031 895,000  902,446  885,976  — — —2016 Senior Notes Sep. 1, 2024 — — — 1,100,000  1,127,500  1,088,924 2017 Senior Notes Oct. 1, 2022 — — — 750,000  757,500  746,642 2020 Senior Notes Feb. 15, 2027 1,500,000  1,550,790  1,484,178  1,500,000  1,567,500  1,481,466 2021 Senior Notes Feb. 1, 2029 1,500,000  1,446,975  1,486,848  — — —Total debt $ 12,396,000  $ 12,386,665  $ 12,302,694  $ 11,180,000  $ 11,428,029  $ 11,095,796 Less: current maturities of long-term debt (24,000) (24,000)Total long-term debt, net of current maturities $ 12,278,694  $ 11,071,796  (1)The maturity date represents the anticipated repayment date for each issuance.
Schedule of Future Principal Payment Obligations For the year ended December 31, (in thousands)2022 $ 24,0002023 664,0002024 644,0002025 3,409,0002026 2,265,000
Schedule of Cash and Non-Cash Interest Expense For the year ended December 31, Interest 2021 2020 2019 Rates as of Cash Non-cash Cash Non-cash Cash Non-cash December 31, 2021 Interest Interest Interest Interest Interest Interest (in thousands)Revolving Credit Facility 1.516% $ 6,414  $ — $ 6,070  $ — $ 7,085  $ —2018 Term Loan (1) 1.872% 44,342  45,756  68,963  23,452  105,021  1,338 2013-2C Tower Securities 3.722% 17,027  — 21,584  — 21,584  —2014 Tower Securities (2) 3.869% 24,185  — 24,185  — 43,055  —2015-1C Tower Securities 3.156% — — 8,589  — 15,939  —2016-1C Tower Securities 2.877% — — 10,972  — 20,361  —2017-1C Tower Securities 3.168% 9,201  — 24,354  — 24,354  —2018-1C Tower Securities 3.448% 22,281  — 22,281  — 22,281  —2019-1C Tower Securities 2.836% 33,428  — 33,428  — 10,029  —2020-1C Tower Securities 1.884% 14,391  — 6,675  — — —2020-2C Tower Securities 2.328% 14,159  — 6,568  — — —2021-1C Tower Securities 1.631% 12,255  — — — — —2021-2C Tower Securities 1.840% 2,982  — — — — —2021-3C Tower Securities 2.593% 4,176  — — — — —2014 Senior Notes 4.875% — — 3,352  112  36,563  800 2016 Senior Notes 4.875% 44,092  990  53,625  1,109  53,625  1,055 2017 Senior Notes 4.000% 2,333  — 30,000  — 30,000  —2020 Senior Notes 3.875% 58,125  339  46,769  197  — —2021 Senior Notes 3.125% 43,229  — — — — —Capitalized interest and other 299  — 459  — 139  —Total $ 352,919  $ 47,085  $ 367,874  $ 24,870  $ 390,036  $ 3,193  (1)The 2018 Term Loan has a blended rate of 1.872% which includes the impact of the interest rate swap entered into on August 4, 2020 which swapped $1.95 billion of notional value accruing interest at one month LIBOR plus 175 basis points for a fixed rate of 1.874% per annum through the maturity date of the 2018 Term Loan. Excluding the impact of the interest rate swap, the 2018 Term Loan was accruing interest at 1.860% as of December 31, 2021. Refer to Note 21 for more information on the Company’s interest rate swap.(2)The 2014-1C Tower Securities, which was repaid September 13, 2019, accrued interest at 2.898%. The 2014-2C Tower Securities accrue interest at 3.869%.