Acquisitions

6 Months Ended

Jun. 30, 2016

Acquisitions [Abstract]

Mergers, Acquisitions and Dispositions Disclosures [Text Block]

Acquisitions

In April 2016, the Company acquired Tower Development Corporation ("TDC"), a portfolio of approximately 330 towers, for approximately $461 million in cash ("TDC Acquisition"). The Company funded the acquisition with cash on hand, cash from borrowings under the 2016 Revolver, and cash from equity issuances under the ATM Program (see note 10). The preliminary purchase price allocation was primarily composed of other intangible assets of approximately $144 million, property and equipment of approximately $108 million, and goodwill of approximately $212 million. The preliminary purchase price allocation, including the valuation of fixed assets and intangible assets, is based upon a preliminary valuation, which is subject to change as the Company obtains additional information.