Acquisitions (Tables)

3 Months Ended

Mar. 31, 2014

Business Acquisition, Pro Forma Information [Table Text Block]

Unaudited Pro Forma Operating Results

The unaudited pro forma condensed consolidated results of operations combine the historical results of the Company, along with the historical results of the AT&T Acquisition for the period presented below. The following table presents the unaudited pro forma condensed consolidated results of operations of the Company for the period presented as if the AT&T Acquisition was completed as of January 1, 2012. The unaudited pro forma amounts are presented for illustrative purposes only and are not necessarily indicative of future consolidated results of operations.



	Three Months Ended March 31, 2013
Net revenues	$	844,044		^(a)
Net income (loss)	$	9,214		^(b)(c)
Basic net income (loss) attributable to CCIC common stockholders	$	(0.01	)	^(d)
Diluted net income (loss) attributable to CCIC common stockholders	$	(0.01	)	^(d)


(a)	Amounts are inclusive of pro forma adjustments to increase net revenues of $55.1 million that the Company expects to recognize from AT&T under AT&T's contracted lease of space on the towers acquired in the AT&T Acquisition.


(b)	Amounts are inclusive of pro forma adjustments to increase depreciation and amortization of $55.2 million related to property and equipment and intangibles recorded as a result of the AT&T Acquisition.


(c)	The pro forma adjustments reflect the federal statutory rate and an estimated state rate. No adjustment was made with respect to the Company's REIT election. See note 5.


(d)	Pro forma amounts include the impact of the interest expense associated with the related debt financing as well as the impact of the common stock and preferred stock offerings completed in October 2013.