v2.4.0.6
Consolidated Statement of Operations and Comprehensive Income (Loss) (USD $)
In Thousands, except Per Share data, unless otherwise specified
 12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Net revenues:      
Site rental $ 1,853,550 $ 1,700,761 $ 1,543,192
Network services and other 179,179 177,897 142,215
Net revenues 2,032,729 1,878,658 1,685,407
Costs of Operations:      
Site rental 481,398 [1] 467,136 [1] 456,560 [1]
Network services and other 106,987 [1] 114,241 [1] 92,808 [1]
General and administrative 173,493 165,356 153,072
Asset write-down charges 22,285 13,687 19,237
Acquisition and integration costs 3,310 2,102 0
Depreciation, amortization and accretion 552,951 540,771 529,739
Total operating expenses 1,340,424 1,303,293 1,251,416
Operating income (loss) 692,305 575,365 433,991
Interest expense and amortization of deferred financing costs (507,587) (490,269) (445,882)
Gains (losses) on retirement of long-term obligations 0 (138,367) [2] (91,079) [3]
Net gain (loss) on interest rate swaps 0 (286,435) (92,966)
Interest income 666 2,204 2,967
Other income (expense) (5,577) (603) 2,446
Income (loss) before income taxes 179,807 (338,105) (190,523)
Benefit (provision) for income taxes (8,347) 26,846 76,400
Net income (loss) 171,460 (311,259) (114,123)
Less: Net income (loss) attributable to the noncontrolling interest 383 (319) 209
Net income (loss) attributable to CCIC stockholders 171,077 (310,940) (114,332)
Dividends on preferred stock and losses on purchases of preferred stock (22,940) (20,806) (20,806)
Net income (loss) attributable to CCIC stockholders after deduction of dividends on preferred stock and losses on purchases of preferred stock 148,137 (331,746) (135,138)
Net income (loss) 171,460 (311,259) (114,123)
Available-for-sale securities, net of taxes of $0, $0, and $0, respectively:      
Unrealized gains (losses), net of taxes (7,537) 738 6,799
Derivative instruments net of taxes of $0, $(14,997) and $60,324, respectively:      
Net change in fair value of cash flow hedging instruments, net of taxes (973) (140,194) 80,789
Amounts reclassified into results of operations, net of taxes 71,707 56,890 154,891
Foreign currency translation adjustments (848) 27,908 41,399
Total other comprehensive income (loss) 62,349 (54,658) 283,878
Comprehensive income (loss) 233,809 (365,917) 169,755
Less: Comprehensive income (loss) attributable to the noncontrolling interest 750 (223) (18)
Comprehensive income (loss) attributable to CCIC stockholders $ 233,059 $ (365,694) $ 169,773
Net income (loss) attributable to CCIC common stockholders, after deduction of dividends on preferred stock and losses on purchases of preferred stock, per common share:      
Basic (in dollars per share) $ 0.52 $ (1.16) $ (0.47)
Diluted (in dollars per share) $ 0.52 $ (1.16) $ (0.47)
Weighted-average common shares outstanding (in thousands):      
Basic (in shares) 283,821 286,764 286,622
Diluted (in shares) 285,947 286,764 286,622
[1] Exclusive of depreciation, amortization and accretion shown separately.
[2] Inclusive of $23.4 million related to the write-off of deferred financing costs and discounts.
[3] Inclusive of $4.2 million related to the write-off of deferred financing costs and other non-cash adjustments.