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Selected Quarterly Financial Data (Tables)
12 Months Ended
Dec. 31, 2015
Selected Quarterly Financial Information [Abstract]  
Schedule of quarterly financial information
Selected quarterly financial data for the years ended December 31, 2015 and 2014 is as follows (in thousands, except per share data):
 
Three Months Ended
 
Year Ended
December 31,
 
March 31,
 
June 30,
 
September 30,
 
December 31,
 
2015:
 
 
 
 
 
 
 
 
 
Operating revenues
$
1,079,190

 
$
1,174,375

 
$
1,237,910

 
$
1,280,041

 
$
4,771,516

Costs of operations (1)
264,640

 
322,458

 
365,389

 
356,381

 
1,308,868

Operating income
419,966

 
389,774

 
400,925

 
402,124

 
1,612,789

Net income
195,492

 
157,180

 
97,740

 
221,595

 
672,007

Net income attributable to American Tower Corporation stockholders
193,317

 
156,056

 
102,999

 
232,702

 
685,074

Dividends on preferred stock
(9,819
)
 
(26,782
)
 
(26,781
)
 
(26,781
)
 
(90,163
)
Net income attributable to American Tower Corporation common stockholders
183,498

 
129,274

 
76,218

 
205,921

 
594,911

Basic net income per share attributable to American Tower Corporation common stockholders
0.45

 
0.31

 
0.18

 
0.49

 
1.42

Diluted net income per share attributable to American Tower Corporation common stockholders
0.45

 
0.30

 
0.18

 
0.48

 
1.41

 
 
Three Months Ended
 
Year Ended
December 31,
 
March 31,
 
June 30,
 
September 30,
 
December 31,
 
2014:
 
 
 
 
 
 
 
 
 
Operating revenues
$
984,089

 
$
1,031,457

 
$
1,038,188

 
$
1,046,314

 
$
4,100,048

Costs of operations (1)
260,769

 
272,275

 
284,202

 
277,019

 
1,094,265

Operating income
353,637

 
402,499

 
384,807

 
345,979

 
1,486,922

Net income
193,313

 
221,659

 
206,630

 
181,597

 
803,199

Net income attributable to American Tower Corporation stockholders
202,499

 
234,431

 
207,593

 
180,387

 
824,910

Dividends on preferred stock

 
(4,375
)
 
(7,700
)
 
(11,813
)
 
(23,888
)
Net income attributable to American Tower Corporation common stockholders
202,499

 
230,056

 
199,893

 
168,574

 
801,022

Basic net income per share attributable to American Tower Corporation common stockholders
0.51

 
0.58

 
0.50

 
0.43

 
2.02

Diluted net income per share attributable to American Tower Corporation common stockholders
0.51

 
0.58

 
0.50

 
0.42

 
2.00

_______________
(1)
Represents Operating expenses, exclusive of Depreciation, amortization and accretion, Selling, general, administrative and development expense, and Other operating expenses.