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Property and Equipment, Net (Tables)
3 Months Ended
Mar. 31, 2022
Property and Equipment, Net [Abstract]  
Property and Equipment, Net (Including Assets Held Under Capital Leases)

As of

As of

March 31, 2022

December 31, 2021

(in thousands)

Towers and related components (1)

$

5,492,277

$

5,323,803

Construction-in-process (2)

54,487

47,565

Furniture, equipment, and vehicles

61,981

59,939

Land, buildings, and improvements

856,639

848,051

Total property and equipment

6,465,384

6,279,358

Less: accumulated depreciation

(3,790,705)

(3,703,871)

Property and equipment, net

$

2,674,679

$

2,575,487

(1)Includes amounts related to our data centers.

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