

	For the three months				For the six months
	ended June 30,				ended June 30,
	2024		2023		2024		2023

	(in thousands)
Acquisitions of towers and related assets	$	27,899	$	9,571	$	38,194	$	22,351
Land buyouts and other assets ⁽¹⁾		13,718		10,237		22,828		17,386
Total cash acquisition capital expenditures	$	41,617	$	19,808	$	61,022	$	39,737

(1)Excludes $3.7 million and $2.7 million spent to extend ground lease terms for the three months ended June 30, 2024 and 2023, respectively, and excludes $9.3 million and $7.9 million spent to extend ground lease terms for the six months ended June 30, 2024 and 2023, respectively. The Company recorded these amounts in prepaid ground rent within prepaid expenses and other current assets on its Consolidated Balance Sheets.

During the six months ended June 30, 2024, the Company acquired 128 towers and related assets and liabilities consisting of $13.4 million of property and equipment, net, $24.3 million of intangible assets, net, $9.5 million of operating lease right-of-use assets, net, $3.4 million of acquisition related holdbacks, $5.3 million of long-term lease liabilities, and $0.2 million of other net liabilities assumed. During the six months ended June 30, 2024, the Company concluded that for all of its tower acquisitions substantially all of the value is concentrated in a group of similar identifiable assets.

Additionally, subsequent to June 30, 2024, the Company purchased or is under contract to purchase 106 communication sites which are expected to close prior to year-end at the time of this report for an aggregate consideration of $49.3 million in cash.