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Condensed Consolidated Statement of Operations and Comprehensive Income (Loss) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Net revenues:        
Site rental $ 517,588 $ 457,103 $ 1,015,117 $ 913,299
Network services and other 67,923 43,233 122,139 86,076
Net revenues 585,511 500,336 1,137,256 999,375
Operating expenses:        
Site rental 131,571 [1] 121,143 [1] 254,442 [1] 239,558 [1]
Network services and other 40,262 [1] 25,906 [1] 71,783 [1] 53,130 [1]
General and administrative 47,078 41,259 98,079 86,003
Asset write-down charges 3,646 6,205 6,690 10,606
Acquisition and integration costs 7,495 490 9,175 1,044
Depreciation, amortization and accretion 152,482 138,191 291,882 275,464
Total operating expenses 382,534 333,194 732,051 665,805
Operating income (loss) 202,977 167,142 405,205 333,570
Interest expense and amortization of deferred financing costs (144,940) (126,483) (282,412) (253,169)
Gains (losses) on retirement of long-term obligations (7,518) 0 (14,586) 0
Interest income 382 208 736 379
Other income (expense) (2,249) (4,098) (3,326) (4,704)
Income (loss) before income taxes 48,652 36,769 105,617 76,076
Benefit (provision) for income taxes 68,432 (5,755) 61,737 (4,938)
Net income (loss) 117,084 31,014 167,354 71,138
Less: Net income (loss) attributable to the noncontrolling interest 1,071 143 1,310 250
Net income (loss) attributable to CCIC stockholders 116,013 30,871 166,044 70,888
Dividends on preferred stock 0 (5,202) (2,629) (10,403)
Net income (loss) attributable to CCIC stockholders after deduction of dividends on preferred stock 116,013 25,669 163,415 60,485
Net income (loss) 117,084 31,014 167,354 71,138
Available-for-sale securities, net of tax of $0, $0, $0 and $0, respectively:        
Unrealized gains (losses) on available-for-sale securities, net of taxes 0 (1,160) 0 (7,537)
Derivative instruments net of taxes of $5,712, $0, $5,712 and $0, respectively:        
Net change in fair value of cash flow hedging instruments, net of taxes 0 (425) 0 (850)
Amounts reclassified into results of operations, net of taxes 10,609 17,959 26,947 35,848
Foreign currency translation adjustments (6,645) 6,084 244 10,154
Total other comprehensive income (loss) 3,964 [2] 22,458 [2] 27,191 [2] 37,615 [2]
Comprehensive income (loss) 121,048 53,472 194,545 108,753
Less: Comprehensive income (loss) attributable to the noncontrolling interest 1,057 150 570 633
Comprehensive income (loss) attributable to CCIC stockholders $ 119,991 $ 53,322 $ 193,975 $ 108,120
Net income (loss) attributable to CCIC common stockholders, after deduction of dividends on preferred stock, per common share:        
Basic $ 0.40 $ 0.09 $ 0.57 $ 0.21
Diluted $ 0.40 $ 0.09 $ 0.57 $ 0.21
Weighted-average common shares outstanding (in thousands):        
Basic 290,649 285,280 287,781 286,139
Diluted 291,203 287,026 289,029 288,215
[1] Exclusive of depreciation, amortization and accretion shown separately.
[2] See the statement of operations and other comprehensive income (loss) for the allocation of the components of "other comprehensive income (loss)."