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Property and Equipment, Net (Tables)
3 Months Ended
Mar. 31, 2024
Property and Equipment, Net [Abstract]  
Property and Equipment, Net (Including Assets Held Under Capital Leases)

As of

As of

March 31, 2024

December 31, 2023

(in thousands)

Towers and related assets (1)

$

5,833,745

$

5,850,608

Construction-in-process (2)

124,306

105,627

Furniture, equipment, and vehicles

78,260

76,031

Land, buildings, and improvements

933,483

927,235

Total property and equipment

6,969,794

6,959,501

Less: accumulated depreciation

(4,260,113)

(4,247,782)

Property and equipment, net

$

2,709,681

$

2,711,719

(1)Includes amounts related to the Company’s 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.