Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2023

Summary of Asset Impairment and Decommission Costs



	For the three months				For the nine months
	ended September 30,				ended September 30,
	2023		2022		2023		2022

	(in thousands)
Towers and related assets ⁽¹⁾	$	19,520	$	4,056	$	50,761	$	12,475
Operating lease right-of-use assets ⁽¹⁾⁽²⁾		8,156		2,896		23,611		9,151
Write-off of carrying value of decommissioned towers		1,613		1,275		4,414		3,599
Other (including tower and equipment decommission costs)		3,774		305		13,534		340
Total asset impairment and decommission costs	$	33,063	$	8,532	$	92,320	$	25,565

(1)Represents impairment charges resulting from the Company’s regular analysis of whether the anticipated future cash flows from certain towers are sufficient to recover the carrying value of the investment in those towers. As a result of increased churn, the Company experienced increased asset impairment charges for the three and nine months ended September 30, 2023.

(2)Amounts relate to the recognition of impairment charges on our right-of-use assets recorded in accordance with ASC 842.