Operating Segments and Concentrations of Credit Risk (Tables)

12 Months Ended

Dec. 31, 2014

Operating Segments and Concentrations of Credit Risk [Abstract]

Financial Results of Operating Segments

The financial results for the Company's operating segments are as follows:

	Year Ended December 31, 2014												Year Ended December 31, 2013												Year Ended December 31, 2012
	CCUSA			CCAL			Elim(a)			Consolidated Total			CCUSA			CCAL			Elim(a)			Consolidated Total			CCUSA			CCAL			Elim(a)			Consolidated Total
Net revenues:
Site rental	$	2,866,613		$	140,161		$	—		$	3,006,774		$	2,371,380		$	132,240		$	—		$	2,503,620		$	2,001,049		$	123,141		$	—		$	2,124,190
Network services and other	672,143			10,967			—			683,110			494,371			24,393			—			518,764			285,287			23,203			—			308,490
Net revenues	3,538,756			151,128			—			3,689,884			2,865,751			156,633			—			3,022,384			2,286,336			146,344			—			2,432,680
Operating expenses:
Costs of operations(b):
Site rental	906,152			38,514			—			944,666			686,873			38,236			—			725,109			503,661			35,578			—			539,239
Network services and other	400,454			5,346			—			405,800			304,144			17,543			—			321,687			173,762			15,988			—			189,750
General and administrative	257,296			25,400			—			282,696			213,519			25,183			—			238,702			184,911			27,661			—			212,572
Asset write-down charges	14,246			794			—			15,040			13,595			1,268			—			14,863			15,226			322			—			15,548
Acquisition and integration costs	34,145			897			—			35,042			25,574			431			—			26,005			18,216			82			—			18,298
Depreciation, amortization and accretion	985,781			27,283			—			1,013,064			741,342			32,873			—			774,215			591,428			31,164			—			622,592
Total operating expenses	2,598,074			98,234			—			2,696,308			1,985,047			115,534			—			2,100,581			1,487,204			110,795			—			1,597,999
Operating income (loss)	940,682			52,894			—			993,576			880,704			41,099			—			921,803			799,132			35,549			—			834,681
Interest expense and amortization of deferred financing costs	(573,291		)	(15,020		)	15,020			(573,291		)	(589,630		)	(16,545		)	16,545			(589,630		)	(601,031		)	(19,330		)	19,317			(601,044		)
Gains (losses) on retirement of long-term obligations	(44,629		)	—			—			(44,629		)	(37,127		)	—			—			(37,127		)	(131,974		)	—			—			(131,974		)
Interest income	315			301			—			616			956			399			—			1,355			4,089			467			—			4,556
Other income (expense)	27,013			(131		)	(15,020		)	11,862			12,643			30			(16,545		)	(3,872		)	13,954			(29		)	(19,317		)	(5,392		)
Benefit (provision) for income taxes	11,244			(604		)	—			10,640			(191,000		)	(7,628		)	—			(198,628		)	60,144			39,917			—			100,061
Net income (loss)	361,334			37,440			—			398,774			76,546			17,355			—			93,901			144,314			56,574			—			200,888
Less: Net income (loss) attributable to the noncontrolling interest	—			8,261			—			8,261			—			3,790			—			3,790			(268		)	12,572			—			12,304
Net income (loss) attributable to CCIC stockholders	$	361,334		$	29,179		$	—		$	390,513		$	76,546		$	13,565		$	—		$	90,111		$	144,582		$	44,002		$	—		$	188,584
Capital expenditures	$	758,535		$	21,542		$	—		$	780,077		$	534,809		$	33,001		$	—		$	567,810		$	419,980		$	21,403		$	—		$	441,383
Total assets (at year end)	$	20,979,775		$	412,781		$	(249,280	)	$	21,143,276		$	20,466,369		$	411,679		$	(283,140	)	$	20,594,908		$	15,969,084		$	440,395		(320,770		)	$	16,088,709
Goodwill (at year end)	$	5,196,485		$	13,606		$	—		$	5,210,091		$	4,902,950		$	13,476		$	—		$	4,916,426		$	3,116,824		$	3,133		$	—		$	3,119,957

(a) Elimination of inter-company borrowings and related interest expense.

(b) Exclusive of depreciation, amortization and accretion shown separately.

Reconciliation of Net Income (Loss) to Adjusted EBITDA

The following are reconciliations of net income (loss) to Adjusted EBITDA for the years ended December 31, 2014, 2013 and 2012:

	Year Ended December 31, 2014												Year Ended December 31, 2013												Year Ended December 31, 2012
	CCUSA			CCAL			Elim(a)			Consolidated Total			CCUSA			CCAL			Elim(a)			Consolidated Total			CCUSA			CCAL			Elim(a)			Consolidated Total
Net income (loss)	361,334			$	37,440		$	—		$	398,774		$	76,546		$	17,355		$	—		$	93,901		$	144,314		$	56,574		$	—		$	200,888
Adjustments to increase (decrease) net income (loss):
Asset write-down charges	14,246			794			—			15,040			13,595			1,268			—			14,863			15,226			322			—			15,548
Acquisition and integration costs	34,145			897			—			35,042			25,574			431			—			26,005			18,216			82			—			18,298
Depreciation, amortization and accretion	985,781			27,283			—			1,013,064			741,342			32,873			—			774,215			591,428			31,164			—			622,592
Amortization of prepaid lease purchase price adjustments	19,972			—			—			19,972			15,473			—			—			15,473			14,166			—			—			14,166
Interest expense and amortization of deferred financing costs	573,291			15,020			(15,020		)	573,291			589,630			16,545			(16,545		)	589,630			601,031			19,330			(19,317		)	601,044
Gains (losses) on retirement of long-term obligations	44,629			—			—			44,629			37,127			—			—			37,127			131,974			—			—			131,974
Interest income	(315		)	(301		)	—			(616		)	(956		)	(399		)	—			(1,355		)	(4,089		)	(467		)	—			(4,556		)
Other income (expense)	(27,013		)	131			15,020			(11,862		)	(12,643		)	(30		)	16,545			3,872			(13,954		)	29			19,317			5,392
Benefit (provision) for income taxes	(11,244		)	604			—			(10,640		)	191,000			7,628			—			198,628			(60,144		)	(39,917		)	—			(100,061		)
Stock-based compensation expense	56,431			3,733			—			60,164			39,030			2,758			—			41,788			41,785			5,597			—			47,382
Adjusted EBITDA(b)	$	2,051,257		$	85,601		$	—		$	2,136,858		$	1,715,718		$	78,429		$	—		$	1,794,147		$	1,479,953		$	72,714		$	—		$	1,552,667

(a) Elimination of inter-company borrowings and related interest expense.

(b) The above reconciliation excludes line items included in the Company's Adjusted EBITDA definition which are not applicable for the periods shown.

Summary of Net Revenue by Country

A summary of net revenues by country, based on the location of the Company's subsidiaries, is as follows:

	Years Ended December 31,
	2014		2013		2012
United States	$	3,535,796	$	2,862,397	$	2,283,088
Australia	151,128		156,633		146,344
Other countries	2,960		3,354		3,248
Total net revenues	$	3,689,884	$	3,022,384	$	2,432,680

Summary of Long-Lived Assets by Country of Location

A summary of long-lived assets by country of location is as follows:

	December 31,
	2014		2013
United States	$	8,971,916	$	8,752,151
Australia	165,528		183,646
Other countries	10,867		11,880
Total long-lived assets (property and equipment, net)	$	9,148,311	$	8,947,677

A Summary of the Percentage of the Consolidated Revenues for Those Customers Accounting for More than 10% of the Consolidated Revenues

The following table summarizes the percentage of the consolidated revenues for those customers accounting for more than 10% of the consolidated revenues (all of such customer revenues relate to the CCUSA segment).

	Years Ended December 31,
	2014		2013		2012
AT&T (a)	25	%	22	%	23	%
Sprint (a)	24	%	27	%	28	%
T-Mobile (a)	21	%	23	%	15	%
Verizon Wireless	17	%	16	%	17	%
Total	87	%	88	%	83	%

(a) All periods presented are after giving effect to recent customer consolidation activity, including T-Mobile's acquisition of MetroPCS (completed in April 2013), Sprint's acquisition of Clearwire (completed in July 2013), and AT&T's acquisition of Leap Wireless (completed in March 2014).