Segment Data (Tables)

6 Months Ended

Jun. 30, 2013

Segment Reporting Information Disclosure

Revenues, cost of revenues (exclusive of depreciation, accretion, and amortization), capital expenditures (including assets acquired through the issuance of shares of the Company’s Class A common stock) and identifiable assets pertaining to the segments in which the Company continues to operate are presented below (in thousands):


	Site Leasing		Site Development		Not Identified by Segment ⁽¹⁾			Total

Three months ended June 30, 2013
Revenues	$	279,501	$	44,804	$	—		$	324,305
Cost of revenues ⁽²⁾	$	67,784	$	35,941	$	—		$	103,725
Depreciation, amortization and accretion	$	140,142	$	472	$	475		$	141,089
Operating income (loss)	$	49,751	$	6,448	$	(6,665	)	$	49,534
Capital expenditures ⁽³⁾	$	80,107	$	839	$	264		$	81,210

Three months ended June 30, 2012
Revenues	$	203,581	$	25,566	$	—		$	229,147
Cost of revenues ⁽²⁾	$	44,759	$	21,446	$	—		$	66,205
Depreciation, amortization and accretion	$	93,108	$	519	$	371		$	93,998
Operating income (loss)	$	35,550	$	835	$	(1,647	)	$	34,738
Capital expenditures ⁽³⁾	$	923,070	$	1,754	$	346		$	925,170

Six months ended June 30, 2013
Revenues	$	553,005	$	84,372	$	—		$	637,377
Cost of revenues ⁽²⁾	$	135,885	$	68,535	$	—		$	204,420
Depreciation, amortization and accretion	$	264,750	$	1,031	$	944		$	266,725
Operating income (loss)	$	101,344	$	10,930	$	(5,974	)	$	106,300
Capital expenditures ⁽³⁾	$	324,246	$	2,647	$	718		$	327,611

Six months ended June 30, 2012
Revenues	$	376,504	$	45,133	$	—		$	421,637
Cost of revenues ⁽²⁾	$	80,166	$	38,232	$	—		$	118,398
Depreciation, amortization and accretion	$	174,434	$	1,035	$	629		$	176,098
Operating income (loss)	$	77,804	$	890	$	(3,667	)	$	75,027
Capital expenditures ⁽³⁾	$	998,486	$	2,267	$	716		$	1,001,469

Assets
As of June 30, 2013	$	6,146,675	$	73,760	$	264,071		$	6,484,506
As of December 31, 2012	$	6,422,577	$	58,804	$	114,236		$	6,595,617

(1)	Assets not identified by segment consist primarily of general corporate assets.

(2)	Excludes depreciation, amortization and accretion.

(3)	Includes cash paid for capital expenditures and acquisitions and related earn-outs and vehicle capital lease additions.

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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