Operating Segments Operating Segments (Tables)

3 Months Ended

6 Months Ended

Jun. 30, 2017

Schedule of Segment Reporting Information, by Segment [Table Text Block]



	Three Months Ended June 30, 2017									Three Months Ended June 30, 2016
	Towers		Small Cells		Other			Consolidated Total		Towers		Small Cells		Other			Consolidated Total
Segment site rental revenues	$	717,645	$	151,161				$	868,806	$	705,716	$	98,884				$	804,600
Segment network services and other revenues	157,977		11,552					169,529		142,053		15,756					157,809
Segment revenues	875,622		162,713					1,038,335		847,769		114,640					962,409
Segment site rental cost of operations	211,204		51,861					263,065		210,444		34,165					244,609
Segment network services and other cost of operations	95,837		8,604					104,441		81,922		12,423					94,345
Segment cost of operations^(a)	307,041		60,465					367,506		292,366		46,588					338,954
Segment site rental gross margin	506,441		99,300					605,741		495,272		64,719					559,991
Segment network services and other gross margin	62,140		2,948					65,088		60,131		3,333					63,464
Segment general and administrative expenses ^(a)	22,875		18,666		40,754			82,295		22,505		15,718		35,563			73,786
Segment operating profit	545,706		83,582		(40,754		)	588,534		532,898		52,334		(35,563		)	549,669
Stock-based compensation expense					16,835			16,835						21,998			21,998
Depreciation, amortization and accretion					295,615			295,615						276,026			276,026
Interest expense and amortization of deferred financing costs					141,769			141,769						129,362			129,362
Other income (expenses) to reconcile to income (loss) before income taxes^(b)					17,663			17,663						32,341			32,341
Income (loss) before income taxes								$	116,652								$	89,942
Capital expenditures	$	106,950	$	188,090	$	5,906		$	300,946	$	104,180	$	87,450	$	7,878		$	199,508
Total assets (at period end)	$	18,207,697	$	5,810,961	$	464,966		$	24,483,624	$	18,479,117	$	3,199,577	$	474,380		$	22,153,074

(a)

Segment cost of operations exclude (1) stock-based compensation expense of $1.4 million and $4.4 million for the three months ended June 30, 2017 and 2016, respectively, and (2) prepaid lease purchase price adjustments of $5.0 million and $5.4 million for the three months ended June 30, 2017 and 2016, respectively. Segment general and administrative expenses exclude stock-based compensation expense of $15.4 million and $17.6 million for the three months ended June 30, 2017 and 2016, respectively.


(b)	See condensed consolidated statement of operations for further information.



	Six Months Ended June 30, 2017									Six Months Ended June 30, 2016
	Towers		Small Cells		Other			Consolidated Total		Towers		Small Cells		Other			Consolidated Total
Segment site rental revenues	$	1,434,181	$	291,561				$	1,725,742	$	1,408,555	$	195,338				$	1,603,893
Segment network services and other revenues	307,592		20,943					328,535		267,063		25,836					292,899
Segment revenues	1,741,773		312,504					2,054,277		1,675,618		221,174					1,896,792
Segment site rental cost of operations	420,668		99,107					519,775		415,009		71,648					486,657
Segment network services and other cost of operations	184,773		16,833					201,606		151,911		20,458					172,369
Segment cost of operations^(a)	605,441		115,940					721,381		566,920		92,106					659,026
Segment site rental gross margin	1,013,513		192,454					1,205,967		993,546		123,690					1,117,236
Segment network services and other gross margin	122,819		4,110					126,929		115,152		5,378					120,530
Segment general and administrative expenses ^(a)	46,635		36,355		79,960			162,950		46,104		31,240		71,635			148,979
Segment operating profit	1,089,697		160,209		(79,960		)	1,169,946		1,062,594		97,828		(71,635		)	1,088,787
Stock-based compensation expense					41,777			41,777						52,703			52,703
Depreciation, amortization and accretion					584,164			584,164						553,901			553,901
Interest expense and amortization of deferred financing costs					276,256			276,256						255,740			255,740
Other income (expenses) to reconcile to income (loss) from continuing operations before income taxes^(b)					27,590			27,590						84,789			84,789
Income (loss) from continuing operations before income taxes								$	240,159								$	141,654
Capital expenditures	$	208,425	$	342,356	$	12,580		$	563,361	$	215,221	$	167,603	$	10,173		$	392,997

(a)

Segment cost of operations exclude (1) stock-based compensation expense of $6.3 million and $12.7 million for the six months ended June 30, 2017 and 2016, respectively, and (2) prepaid lease purchase price adjustments of $10.1 million and $10.6 million for the six months ended June 30, 2017 and 2016, respectively. Segment general and administrative expenses exclude stock-based compensation expense of $35.5 million and $40.0 million for the six months ended June 30, 2017 and 2016, respectively.


(b)	See condensed consolidated statement of operations for further information.