XML 41 R31.htm IDEA: XBRL DOCUMENT v3.23.1

Acquisitions (Tables)

3 Months Ended

Mar. 31, 2023

Business Combination and Asset Acquisition [Abstract]

Summary of Consideration and Allocation to Assets Acquired and Liabilities Assumed

The following table summarizes the consideration and allocation to assets acquired, liabilities assumed and noncontrolling interests at acquisition. In an asset acquisition, the cost of assets acquired, which includes capitalized transaction costs, is allocated to individual assets within the group based on their relative fair values and does not give rise to goodwill. With respect to business combinations, the estimated fair values and allocation of the consideration are subject to adjustments during the measurement period, not to exceed one year, based upon new information obtained about facts and circumstances that existed at time of acquisition.

						Business Combination						Asset Acquisitions
						2023						2022
(In thousands)						InfraBridge						TowerCo						Acquisitions by DataBank						Vantage SDC Expansion Capacity
Consideration
Cash						$	364,338					$	791,254					$	706,514					$	161,302
Estimated fair value of contingent consideration						10,874						—						—						—
						375,212						791,254						706,514						161,302
Assets acquired and liabilities assumed
Cash						51,174						—						—						—
Principal investments						130,810						—						—						—
Real estate						—						363,121						627,474						140,140
Intangible assets						50,800						673,218						77,885						21,162
Lease right-of-use ("ROU") and other assets						27,682						234,462						3,994						—
Deferred tax liabilities						(10,198)						(243,223)						—						—
Intangible, lease and other liabilities						(21,625)						(236,324)						(2,839)						—
Fair value of net assets acquired						228,643						791,254						706,514						161,302
Goodwill						$	146,569					$	—					$	—					$	—

X

- References

No definition available.

+ Details

Name:	us-gaap_BusinessCombinationAndAssetAcquisitionAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=128092470&loc=d3e4845-128472

+ Details

Name:	us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration