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

For the three months

For the nine months

ended September 30,

ended September 30,

2024

2023

2024

2023

(in thousands)

Acquisitions of towers and related assets

$

196,659

$

41,060

$

234,853

$

63,411

Land buyouts and other assets (1)

10,728

12,054

33,556

29,440

Total cash acquisition capital expenditures

$

207,387

$

53,114

$

268,409

$

92,851

(1)Excludes $7.7 million and $6.7 million spent to extend ground lease terms for the three months ended September 30, 2024 and 2023, respectively, and excludes $17.0 million and $15.0 million spent to extend ground lease terms for the nine months ended September 30, 2024 and 2023, respectively. The Company recorded these amounts in prepaid expenses and other current assets within the changes in operating assets and liabilities, net of acquisitions section of its Consolidated Statements of Cash Flows.