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v3.25.3

Segment Data (Schedule of Segment Reporting Information) (Details) - USD ($) $ in Thousands | 3 Months Ended | 9 Months Ended |
--- | --- | --- | ---
Sep. 30, 2025 | Sep. 30, 2024 | Sep. 30, 2025 | Sep. 30, 2024 | Dec. 31, 2024
Segment Reporting Information [Line Items] |  |  |  |  |  |
Revenues |  | $ 732,327 | $ 667,595 | $ 2,095,556 | $ 1,985,934 |
Cost of revenues |  | 189,789 | 150,339 | 515,552 | 429,598 |
Operating profit |  | 542,538 | 517,256 | 1,580,004 | 1,556,336 |
Selling, general, and administrative expenses | [1] | 66,008 | 60,087 | 203,249 | 191,161 |
Acquisition and new business initiatives related adjustments and expenses |  | 5,156 | 5,388 | 18,422 | 19,379 |
Asset impairment and decommission costs |  | 20,322 | 12,670 | 102,578 | 87,928 |
Depreciation, amortization and accretion |  | 76,883 | 63,515 | 211,894 | 204,444 |
Operating income |  | 374,169 | 375,596 | 1,043,861 | 1,053,424 |
Other expense, net (principally interest expense and other income) |  | (85,086) | (77,389) | (234,100) | (436,632) |
Income before income taxes |  | 289,083 | 298,207 | 809,761 | 616,792 |
Cash capital expenditures |  | 74,722 | 272,297 | 832,095 | 441,163 |
Assets |  | 11,260,239 |  | 11,260,239 |  | $ 11,417,336
Domestic Site Leasing [Member] |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |
Revenues |  | 470,251 | 464,860 | 1,401,052 | 1,389,563 |
Cost of revenues |  | 70,251 | 68,908 | 207,944 | 200,368 |
Operating profit |  | 400,000 | 395,952 | 1,193,108 | 1,189,195 |
Selling, general, and administrative expenses |  | 30,889 | 32,114 | 93,411 | 100,070 |
Acquisition and new business initiatives related adjustments and expenses |  | 4,295 | 3,496 | 14,823 | 11,883 |
Asset impairment and decommission costs |  | 18,182 | 1,337 | 53,322 | 45,075 |
Depreciation, amortization and accretion |  | 37,085 | 34,636 | 110,668 | 108,851 |
Operating income |  | 309,549 | 324,369 | 920,884 | 923,316 |
Cash capital expenditures |  | 43,344 | 234,962 | 127,629 | 324,586 |
Assets |  | 6,241,281 |  | 6,241,281 |  | 6,206,748
International Site Leasing [Member] |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |
Revenues |  | 186,176 | 160,837 | 503,372 | 490,867 |
Cost of revenues |  | 57,030 | 49,040 | 153,386 | 146,525 |
Operating profit |  | 129,146 | 111,797 | 349,986 | 344,342 |
Selling, general, and administrative expenses |  | 16,706 | 15,258 | 54,933 | 46,741 |
Acquisition and new business initiatives related adjustments and expenses |  | 861 | 1,892 | 3,599 | 7,496 |
Asset impairment and decommission costs |  | 2,140 | 10,989 | 48,546 | 42,086 |
Depreciation, amortization and accretion |  | 36,765 | 26,098 | 92,537 | 87,384 |
Operating income |  | 72,674 | 57,560 | 150,371 | 160,635 |
Cash capital expenditures |  | 26,754 | 36,317 | 695,876 | 113,606 |
Assets |  | 4,627,565 |  | 4,627,565 |  | 3,417,981
Site Development [Member] |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |
Revenues |  | 75,900 | 41,898 | 191,132 | 105,504 |
Cost of revenues |  | 62,508 | 32,391 | 154,222 | 82,705 |
Operating profit |  | 13,392 | 9,507 | 36,910 | 22,799 |
Selling, general, and administrative expenses |  | 3,394 | 2,849 | 9,674 | 10,219 |
Depreciation, amortization and accretion |  | 960 | 895 | 2,681 | 2,767 |
Operating income |  | 9,038 | 5,763 | 24,555 | 9,813 |
Cash capital expenditures |  | 2,390 | 428 | 4,690 | 610 |
Assets |  | 104,821 |  | 104,821 |  | 65,481
Other [Member] |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |
Selling, general, and administrative expenses |  | 15,019 | 9,866 | 45,231 | 34,131 |
Asset impairment and decommission costs |  |  | 344 | 710 | 767 |
Depreciation, amortization and accretion |  | 2,073 | 1,886 | 6,008 | 5,442 |
Operating income |  | (17,092) | (12,096) | (51,949) | (40,340) |
Other expense, net (principally interest expense and other income) |  | (85,086) | (77,389) | (234,100) | (436,632) |
Cash capital expenditures |  | 2,234 | 590 | 3,900 | 2,361 |
Assets |  | 286,572 |  | 286,572 |  | 1,727,126
Brazil [Member] | International Site Leasing [Member] |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |
Revenues |  | $ 87,300 | $ 89,300 | $ 257,400 | $ 279,900 |
Maximum [Member] | Revenue [Member] | Geographic Concentration Risk [Member] | Foreign Countries, Other than Brazil [Member] |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |
Concentration risk percentage |  |  |  | 5.00% | 5.00% |
2019-1C Tower Securities [Member] |  |  |  |  |  |
Segment Reporting Information [Line Items] |  |  |  |  |  |
Cash held in escrow |  |  |  |  |  | $ 1,165,000
[1] | Includes non-cash compensation of $18,655 and $15,732 for the three months ended September 30, 2025 and 2024, respectively, and $54,569 and $54,376 for the nine months ended September 30, 2025 and 2024, respectively.

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