XML 27 R16.htm IDEA: XBRL DOCUMENT
v3.24.1.u1

Intangible Assets, Net | 3 Months Ended
--- | ---
Mar. 31, 2024
Intangible Assets, Net [Abstract] |
Intangible Assets, Net | 8.INTANGIBLE ASSETS, NET The following table provides the gross and net carrying amounts for each major class of intangible assets:
|  | As of March 31, 2024 |  | As of December 31, 2023
|  | Gross carrying |  | Accumulated |  | Net book |  | Gross carrying |  | Accumulated |  | Net book
|  | amount |  | amortization |  | value |  | amount |  | amortization |  | value
|  | (in thousands)
Current contract intangibles |  | $ | 5,211,395 |  | $ | (3,393,680) |  | $ | 1,817,715 |  | $ | 5,253,563 |  | $ | (3,394,009) |  | $ | 1,859,554
Network location intangibles |  |  | 1,919,174 |  |  | (1,333,040) |  |  | 586,134 |  |  | 1,926,226 |  |  | (1,330,183) |  |  | 596,043
Intangible assets, net |  | $ | 7,130,569 |  | $ | (4,726,720) |  | $ | 2,403,849 |  | $ | 7,179,789 |  | $ | (4,724,192) |  | $ | 2,455,597
All intangible assets noted above are included in the Company’s site leasing segment. Amortization expense relating to the intangible assets above was $27.1 million and $101.8 million for the three months ended March 31, 2024 and 2023, respectively. As a result of the Company’s revision of the estimated useful lives of certain intangible assets, the Company experienced decreased amortization expense for the three months ended March 31, 2024.

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for all or part of the information related to intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//350-30/tableOfContent + Details
Name: | us-gaap_IntangibleAssetsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration