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Acquisitions (Tables)
6 Months Ended
Jun. 30, 2024
Acquisitions [Abstract]  
Schedule of Acquisition Capital Expenditures

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.