SBAC Stock Balance Sheets

SBA Communications Quarterly Balance Sheets Chart

Quarterly

Annual

Account Receivables

Cash and Cash Eq

Account Payables

Deferred Revenue

Long-Term Debt

SBA Communications Quarterly Balance Sheets Table

Quarterly

Annual

Unit: USD	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-06-30	2001-12-31

assets
current assets:
cash and cash equivalents	275,275,000	636,447,000	189,841,000	186,339,000	220,508,000	240,309,000	208,547,000	190,545,000	179,169,000	152,772,000	143,708,000	201,211,000	183,067,000	263,569,000	367,278,000	187,806,000	273,803,000	176,622,000	308,560,000	271,874,000	207,487,000	184,137,000	108,309,000	128,778,000	101,836,000	117,613,000	143,444,000	136,221,000	134,651,000	109,350,000	68,783,000	139,711,000	164,521,000	132,222,000	146,109,000	165,225,000	133,956,000	103,266,000	118,039,000	73,271,000	69,846,000	62,371,000	39,443,000	450,257,000	107,652,000	322,914,000	122,112,000	189,409,000	189,442,000	122,230,000	233,099,000	1,441,045,000	86,739,000	525,554,000	47,316,000	179,305,000	277,749,000	95,104,000	64,254,000	197,236,000	227,939,000	118,274,000	161,317,000	285,843,000	174,229,000	89,784,000	78,856,000	439,155,000	207,270,000	126,983,000	70,272,000	43,361,000	97,534,000	219,484,000	46,148,000	40,415,000	61,596,000	59,874,000	45,934,000	23,477,000	21,122,000	19,017,000	69,627,000	20,996,000	19,164,000	8,338,000	35,285,000	22,040,000	47,857,000	61,141,000	31,314,000	13,904,000
restricted cash	20,757,000	23,168,000	1,206,653,000	61,019,000	58,474,000	19,892,000	38,129,000	37,221,000	72,077,000	36,615,000	41,959,000	75,166,000	64,495,000	69,781,000	65,561,000	63,736,000	62,370,000	62,926,000	31,671,000	61,572,000	41,684,000	43,012,000	30,243,000	27,502,000	22,590,000	23,883,000	32,464,000	24,700,000	24,842,000	28,372,000	32,924,000	30,168,000	30,093,000	30,674,000	36,786,000	552,473,000	25,449,000	25,138,000	25,353,000	46,785,000	47,061,000	41,438,000	52,519,000	46,271,000	36,419,000	35,220,000	47,305,000	49,054,000	36,378,000	26,880,000	27,708,000	22,696,000	16,910,000	17,476,000	22,266,000	24,727,000	23,956,000	30,109,000	29,456,000	30,118,000	28,084,000	27,100,000	30,285,000	26,534,000	36,762,000	36,568,000	38,599,000	37,270,000	35,253,000	35,739,000	37,601,000	32,665,000	29,761,000	33,120,000	34,403,000	11,507,000	13,496,000	11,290,000	19,512,000	1,554,000	2,038,000	2,024,000	2,017,000	6,354,000	10,350,000	10,344,000	23,017,000	23,010,000			500,000
accounts receivable	139,890,000	129,847,000	145,695,000	111,018,000	88,650,000	126,525,000	182,746,000	158,333,000	160,311,000	183,134,000	184,368,000	116,966,000	115,137,000	121,583,000	101,950,000	76,076,000	85,976,000	86,165,000	74,088,000	68,042,000	91,295,000	107,200,000	132,125,000	122,725,000	117,476,000	113,017,000	111,035,000	89,302,000	87,393,000	101,103,000	90,673,000	87,417,000	75,739,000	74,214,000	78,344,000	74,637,000												65,115,000	47,783,000	49,463,000	39,099,000	35,075,000	26,249,000	23,916,000	22,100,000	17,842,000	18,272,000	19,347,000	18,784,000	19,007,000	17,065,000	14,825,000	19,644,000	15,630,000	13,642,000	14,080,000	16,351,000	12,792,000	15,707,000	16,369,000	20,183,000	24,199,000	19,621,000	17,186,000	20,781,000	22,544,000	19,837,000	18,565,000	17,533,000	21,076,000	16,371,000	13,292,000	21,125,000	15,157,000	16,083,000	19,414,000	18,929,000	26,304,000	28,163,000			56,796,000
costs and estimated earnings in excess of billings on uncompleted contracts	46,811,000	26,840,000	19,198,000	24,742,000	19,810,000	16,535,000	16,252,000	28,334,000	42,146,000	58,815,000	79,549,000	81,665,000	54,781,000	48,028,000	48,844,000	40,860,000	33,237,000	38,574,000	34,796,000	27,109,000	18,877,000	18,823,000	26,313,000	28,303,000	25,575,000	23,482,000	23,785,000	17,799,000	13,763,000	13,039,000	17,437,000	12,508,000	12,304,000	13,108,000	11,127,000	12,011,000	11,673,000	12,683,000	16,934,000	25,800,000	24,271,000	29,209,000	30,078,000	29,105,000	25,704,000	22,114,000	27,864,000	34,090,000	35,654,000	26,878,000	23,644,000	19,896,000	18,100,000	16,993,000	17,655,000	16,785,000	15,362,000	15,892,000	17,775,000	15,231,000	13,802,000	10,977,000	10,392,000	10,181,000	9,712,000	11,200,000	10,658,000	14,169,000	15,013,000	20,583,000	21,453,000	18,493,000	19,523,000	18,562,000	19,403,000	21,562,000	24,561,000	22,777,000	25,184,000	20,169,000	21,597,000	17,793,000	19,066,000	16,777,000	11,959,000	10,227,000	10,181,000	7,189,000	11,371,000	10,425,000	10,927,000	11,333,000
prepaid expenses and other current assets	41,075,000	117,014,000	417,333,000	67,149,000	72,564,000	44,335,000	38,593,000	45,550,000	64,914,000	40,214,000	33,149,000	54,805,000	77,419,000	36,462,000	30,813,000	35,310,000	26,840,000	25,640,000	23,875,000	29,994,000	38,890,000	41,886,000	37,281,000	21,946,000	48,252,000	22,574,000	63,126,000	59,641,000	66,227,000		49,716,000	54,262,000	53,807,000	51,049,000	51,982,000	53,632,000	53,843,000	53,177,000	49,602,000	114,930,000	109,231,000	95,711,000	95,031,000																																	7,371,000	17,630,000
total current assets	523,808,000	933,316,000	1,978,720,000	450,267,000	460,006,000	447,596,000	484,267,000	459,983,000	518,617,000	471,550,000	482,733,000	529,813,000	494,899,000	539,423,000	614,446,000	403,788,000	482,226,000	389,927,000	472,990,000	458,591,000	624,086,000	395,058,000	334,271,000	329,254,000	315,729,000	300,569,000	373,854,000	327,663,000	326,876,000	302,780,000	259,533,000	324,066,000	336,464,000	301,267,000	324,571,000	858,199,000	291,257,000	282,552,000	293,960,000	334,871,000	344,482,000	325,013,000	326,888,000	674,386,000	314,018,000	516,128,000	343,652,000	390,434,000	352,084,000	269,944,000	368,563,000	1,556,880,000	303,164,000	604,620,000	129,356,000	260,553,000	352,807,000	173,387,000	146,727,000	278,175,000	303,099,000	184,514,000	236,838,000	354,746,000	246,923,000	160,735,000	154,315,000	514,446,000	292,325,000	219,535,000	213,212,000	249,352,000	276,985,000	294,728,000	127,607,000	103,399,000	137,120,000	118,665,000	132,188,000	78,969,000	66,039,000	56,611,000	116,172,000	64,873,000	62,689,000	68,927,000	100,965,000	126,362,000	92,403,000	113,599,000	101,558,000	92,287,000
property and equipment	3,258,183,000	2,818,907,000	2,792,084,000	2,783,921,000	2,719,810,000	2,709,681,000	2,711,719,000	2,700,717,000	2,712,201,000	2,709,784,000	2,713,727,000	2,658,366,000	2,677,983,000	2,674,679,000	2,575,487,000	2,580,262,000	2,625,097,000	2,608,526,000	2,677,326,000	2,668,004,000	2,658,889,000	2,697,778,000	2,794,602,000	2,763,055,000	2,761,580,000	2,761,325,000	2,786,355,000	2,787,714,000	2,778,372,000	2,803,478,000	2,812,346,000	2,777,339,000	2,774,398,000	2,785,944,000	2,792,076,000	2,780,112,000	2,805,360,000	2,802,662,000	2,782,353,000	2,720,874,000	2,787,464,000	2,702,188,000	2,762,417,000	2,687,827,000	2,691,302,000	2,693,015,000	2,578,444,000	2,578,639,000	2,570,407,000	2,655,409,000	2,671,317,000	2,052,069,000	2,066,765,000	1,575,262,000	1,583,393,000	1,560,829,000	1,553,942,000	1,538,293,000	1,534,318,000	1,498,165,000	1,490,542,000	1,472,668,000	1,496,938,000	1,469,067,000	1,478,308,000	1,482,953,000	1,502,672,000	1,435,987,000	1,316,767,000	1,197,094,000	1,191,969,000	1,159,703,000	1,119,582,000	1,114,510,000	1,105,942,000	1,106,702,000	1,089,634,000	732,459,000	728,333,000	724,831,000	735,642,000	742,827,000	745,831,000	798,202,000	837,005,000	856,213,000	878,985,000	898,024,000	1,121,934,000	1,140,625,000	1,168,891,000	1,198,559,000
intangible assets	2,579,806,000	2,403,046,000	2,388,707,000	2,492,360,000	2,314,238,000	2,403,849,000	2,455,597,000	2,523,620,000	2,628,077,000	2,693,883,000	2,776,472,000	2,701,939,000	2,800,562,000	2,909,789,000	2,803,247,000	2,906,855,000	3,051,616,000	2,984,098,000	3,156,150,000	3,063,498,000	3,174,567,000	3,294,369,000	3,626,773,000	3,261,885,000	3,238,031,000	3,258,952,000	3,331,465,000	3,387,955,000	3,459,866,000	3,600,640,000	3,598,131,000	3,550,710,000	3,569,045,000	3,605,548,000	3,656,924,000	3,710,817,000	3,788,754,000	3,764,036,000	3,735,413,000	3,737,105,000	4,031,524,000	3,925,992,000	4,189,540,000	3,910,755,000	4,041,190,000	4,081,286,000	3,387,198,000	3,122,339,000	3,088,296,000	3,085,459,000	3,134,133,000	2,100,614,000	2,121,389,000	1,644,434,000	1,639,784,000	1,550,003,000	1,551,428,000	1,530,599,000	1,500,012,000	1,437,615,000	1,433,110,000	1,420,547,000	1,435,591,000	1,385,200,000	1,399,967,000	1,405,389,000	1,425,132,000	1,298,343,000	996,591,000	876,096,000	868,999,000	788,767,000	754,412,000	738,566,000	724,872,000	724,016,000	713,435,000	37,585,000	31,491,000	25,982,000	865,000	1,108,000	1,365,000	1,626,000	2,155,000	2,408,000	2,709,000	3,019,000	3,874,000	4,321,000		117,087,000
operating lease right-of-use assets	2,419,435,000	2,340,100,000	2,292,459,000	2,322,890,000	2,129,244,000	2,185,851,000	2,240,781,000	2,315,868,000	2,362,254,000	2,376,609,000	2,381,955,000	2,325,009,000	2,355,881,000	2,362,287,000	2,268,470,000	2,297,372,000	2,353,365,000	2,303,070,000
acquired and other right-of-use assets	1,343,508,000	1,329,207,000	1,308,269,000	1,379,281,000	1,376,941,000	1,441,750,000	1,473,601,000	1,488,762,000	1,528,070,000	1,518,648,000	1,507,781,000	989,685,000	1,002,785,000	1,017,508,000	964,405,000	965,780,000	956,011,000	956,945,000
other assets	641,647,000	618,341,000	657,097,000	772,944,000	785,939,000	806,539,000	812,476,000	845,231,000	855,251,000	771,055,000	722,373,000	744,202,000	679,827,000	638,414,000	575,644,000	514,025,000	491,998,000	520,894,000	477,992,000	504,554,000	557,750,000	551,934,000	432,078,000	397,011,000	451,474,000	439,609,000	722,033,000	710,491,000	724,264,000	698,184,000	650,195,000	648,355,000	628,946,000	604,691,000	587,374,000	566,594,000	550,951,000	522,394,000	497,337,000	514,722,000	494,413,000	480,677,000	467,043,000	457,121,000	442,832,000	420,335,000	400,852,000	416,042,000	393,920,000	375,509,000	355,280,000	305,296,000	261,774,000	222,649,000	211,802,000	193,323,000	188,081,000	181,097,000	174,008,000	162,750,000	157,720,000	152,566,000	106,377,000	102,735,000	99,240,000	96,356,000	96,005,000	98,607,000	83,335,000	80,389,000	76,565,000	68,127,000	64,965,000	58,348,000	54,650,000	51,857,000	48,146,000	42,350,000	40,593,000	40,440,000	38,265,000	35,656,000	34,455,000	32,502,000	31,574,000	31,181,000	31,225,000	32,449,000	23,050,000	21,853,000	21,630,000	21,078,000
total assets	10,766,387,000	10,442,917,000	11,417,336,000	10,201,663,000	9,786,178,000	9,995,266,000	10,178,441,000	10,334,181,000	10,604,470,000	10,541,529,000	10,585,041,000	9,949,014,000	10,011,937,000	10,142,100,000	9,801,699,000	9,668,082,000	9,960,313,000	9,763,460,000	9,158,018,000	9,034,682,000	9,390,539,000	9,359,502,000	9,759,941,000	9,201,138,000	9,269,415,000	9,312,759,000	7,213,707,000	7,213,823,000	7,289,378,000	7,405,082,000	7,320,205,000	7,300,470,000	7,308,853,000	7,297,450,000	7,360,945,000	7,915,722,000	7,436,322,000	7,371,644,000	7,403,215,000	7,396,757,000	7,751,863,000	7,527,299,000	7,841,125,000	7,808,992,000	7,564,583,000	7,791,342,000	6,783,188,000	6,584,428,000	6,484,506,000	6,449,885,000	6,595,617,000	6,083,291,000	4,793,660,000	4,086,629,000	3,606,399,000	3,609,138,000	3,693,009,000	3,466,258,000	3,400,175,000	3,423,936,000	3,433,689,000	3,270,641,000	3,313,646,000	3,351,603,000	3,255,511,000	3,172,020,000	3,211,508,000	3,387,848,000	2,733,109,000	2,406,902,000	2,384,323,000	2,301,297,000	2,253,504,000	2,246,184,000	2,046,292,000	2,002,129,000	2,008,882,000	950,122,000	952,536,000	885,929,000	857,137,000	854,036,000	917,244,000	915,485,000	954,222,000	982,982,000	1,036,687,000	1,084,518,000	1,264,624,000	1,304,915,000	1,322,686,000	1,429,011,000
liabilities, redeemable noncontrolling interests,
and shareholders' deficit
current liabilities:
accounts payable	60,820,000	65,043,000	59,549,000	54,438,000	50,738,000	45,761,000	42,202,000	46,613,000	47,027,000	53,553,000	51,427,000	51,314,000	41,455,000	40,583,000	34,066,000	34,790,000	34,602,000	33,610,000	109,969,000	29,230,000	26,353,000	26,939,000	31,846,000	35,130,000	41,270,000	34,545,000	34,308,000	32,087,000	32,382,000	29,554,000	33,334,000	32,429,000	29,155,000	29,628,000	28,320,000	23,904,000	25,524,000	20,716,000	27,105,000	32,197,000	29,809,000	33,805,000	42,851,000	31,325,000	27,502,000	26,310,000	24,302,000	26,168,000	24,101,000	22,714,000	27,694,000	19,863,000	16,833,000	13,123,000	12,755,000	15,973,000	15,511,000	13,033,000	11,847,000	15,170,000	10,078,000	10,703,000	9,219,000	10,142,000	9,669,000	10,068,000	8,963,000	10,355,000	10,142,000	10,641,000	11,357,000	8,381,000	7,385,000	7,676,000	9,746,000	10,948,000	13,599,000	13,502,000	17,283,000	15,097,000	13,499,000	11,260,000	15,204,000	12,805,000	10,965,000	11,352,000	13,360,000	11,524,000	13,877,000	16,810,000	28,228,000	56,293,000
accrued expenses	86,085,000	74,746,000	81,977,000	89,312,000	76,319,000	77,035,000	92,622,000	92,700,000	84,121,000	92,797,000	101,484,000	96,176,000	85,697,000	80,628,000	68,070,000	69,973,000	68,655,000	57,218,000	63,031,000	62,523,000	65,581,000	54,175,000	67,618,000	63,151,000	58,483,000	53,534,000	63,665,000	68,129,000	60,637,000	60,223,000	69,862,000	85,052,000	96,193,000	53,956,000	61,129,000	60,474,000	59,117,000	56,657,000	63,755,000	65,642,000	65,364,000	55,619,000	65,553,000	78,643,000	76,431,000	79,639,000	86,131,000	67,055,000	39,979,000	39,413,000	42,052,000	39,638,000	31,471,000	19,712,000	23,746,000	24,627,000	20,572,000	19,285,000	21,429,000	24,366,000	25,262,000	22,741,000	28,110,000	24,594,000	20,922,000	18,842,000	21,529,000	27,025,000	17,724,000	15,443,000	20,964,000	17,981,000	16,645,000	14,979,000	17,600,000	18,348,000	20,061,000	13,602,000	15,544,000	14,114,000	14,381,000	13,472,000	14,997,000	16,688,000	16,835,000	17,709,000	21,991,000	13,968,000	15,294,000	15,081,000	16,218,000	13,046,000
current maturities of long-term debt	772,181,000	771,802,000	1,187,913,000	23,000,000	1,806,304,000	1,805,395,000	643,145,000	24,000,000	24,000,000	24,000,000	24,000,000	663,181,000	662,720,000	662,264,000	24,000,000	24,000,000	24,000,000	24,000,000	24,000,000	24,000,000	24,000,000	522,691,000	522,090,000	24,000,000	943,161,000	942,442,000	941,728,000	24,000,000	24,000,000	20,000,000	20,000,000	773,289,000	772,517,000	20,000,000	627,157,000	515,876,000	568,924,000	20,000,000	20,000,000	40,000,000	40,000,000	33,750,000	32,500,000	1,078,318,000	1,080,200,000	503,776,000	481,886,000	11,250,000	10,000,000	478,454,000	475,351,000	529,595,000			5,000,000					30,076,000	29,591,000	29,116,000	28,648,000		6,000,000	6,000,000	6,000,000	5,500,000
deferred revenue	125,371,000	110,369,000	127,308,000	183,978,000	191,325,000	161,127,000	235,668,000	175,804,000	230,072,000	145,399,000	154,553,000	216,927,000	199,829,000	195,553,000	184,380,000	184,340,000	176,996,000	174,351,000	113,117,000	155,799,000	130,670,000	133,548,000	113,507,000	112,382,000	95,127,000	98,970,000	108,054,000	96,577,000	94,552,000	93,407,000	97,969,000	101,168,000	98,793,000	96,039,000	101,098,000	94,502,000	89,652,000	87,283,000	97,083,000	92,242,000	113,295,000	108,630,000	120,047,000	108,054,000	91,020,000	89,915,000	94,658,000	84,919,000	72,739,000	72,148,000	76,668,000	58,581,000	54,515,000	47,809,000	49,779,000	54,966,000	52,533,000	59,766,000	61,138,000	57,373,000	56,554,000	49,200,000	54,013,000	49,804,000	48,113,000	45,936,000	45,306,000	43,820,000	39,474,000	36,608,000	37,557,000	29,798,000	27,058,000	26,993,000	24,665,000	16,960,000	19,855,000	13,217,000	11,838,000	12,275,000	10,913,000	10,145,000	10,810,000	12,824,000	9,591,000	11,137,000	10,349,000	11,619,000	14,422,000	12,427,000
accrued interest	75,102,000	34,699,000	62,239,000	32,088,000	57,928,000	32,605,000	57,496,000	30,106,000	55,104,000	28,215,000	54,173,000	25,106,000	50,841,000	23,710,000	49,096,000	26,477,000	66,392,000	27,003,000	54,350,000	33,885,000	50,420,000	32,697,000	49,269,000	34,493,000	49,235,000	35,059,000	48,722,000	34,186,000	49,764,000	33,862,000	48,899,000	19,668,000	42,042,000	19,214,000	44,503,000	35,541,000	52,441,000	38,813,000	53,365,000	39,184,000	52,614,000	37,966,000	53,178,000	38,512,000	54,021,000	42,205,000	46,689,000	42,175,000	46,439,000	44,140,000	46,233,000	35,007,000	24,708,000	24,670,000	32,351,000	29,093,000	32,316,000	24,661,000	32,293,000	24,671,000	31,980,000	24,362,000	35,551,000
current lease liabilities	289,465,000	267,544,000	261,017,000	270,922,000	262,781,000	270,318,000	273,464,000	272,435,000	274,828,000	270,308,000	262,365,000	255,609,000	256,572,000	254,448,000	238,497,000	238,706,000	242,516,000	231,952,000	236,037,000	229,177,000	229,850,000	231,385,000	247,015,000	230,197,000	231,681,000	228,776,000
other current liabilities	20,681,000	18,813,000	17,933,000	14,105,000	14,170,000	21,048,000	18,662,000	21,490,000	23,237,000	24,511,000	48,762,000	30,066,000	21,086,000	21,367,000	18,222,000	13,738,000	12,845,000	12,630,000	14,297,000	16,634,000	25,785,000	18,117,000	16,948,000	10,799,000	9,181,000	11,328,000	9,802,000	10,533,000	16,475,000	13,882,000	8,841,000	11,109,000	7,719,000	9,756,000	11,240,000	8,469,000	9,248,000	9,600,000	12,063,000	19,002,000	12,972,000	16,706,000	16,921,000	11,375,000	10,836,000	14,934,000	14,007,000	21,291,000	19,640,000	18,269,000	195,690,000	6,066,000	5,299,000	3,619,000	3,250,000	3,235,000	3,299,000	3,502,000	3,877,000	3,497,000	3,352,000	3,116,000	3,184,000	2,918,000	3,081,000	2,536,000	2,491,000	5,209,000	1,691,000	1,602,000	1,598,000	1,854,000	1,991,000	563,000	1,232,000	16,900,000	2,298,000	1,589,000	2,207,000	1,398,000	2,101,000	1,574,000	1,762,000	2,527,000	1,789,000	1,807,000	2,411,000	2,222,000	1,917,000	3,595,000	24,906,000	15,880,000
total current liabilities	1,429,705,000	1,343,016,000	1,797,936,000	667,843,000	2,459,565,000	2,413,289,000	1,363,259,000	663,148,000	738,389,000	638,783,000	696,764,000	1,338,379,000	1,318,200,000	1,278,553,000	616,331,000	592,024,000	626,006,000	560,764,000	614,801,000	551,248,000	552,659,000	1,019,552,000	1,048,293,000	510,152,000	1,428,138,000	1,404,654,000	1,206,279,000	265,512,000	277,810,000	250,928,000	278,905,000	1,022,715,000	1,046,419,000	228,593,000	873,447,000	738,766,000	804,906,000	233,069,000	273,371,000	288,267,000	314,054,000	286,476,000	331,050,000	1,346,227,000	1,340,010,000	756,779,000	747,673,000	252,858,000	212,898,000	675,138,000	863,688,000	688,750,000	1,050,832,000	113,933,000	126,881,000	132,894,000	129,231,000	120,247,000	130,584,000	155,153,000	156,817,000	139,238,000	158,725,000	114,254,000	96,971,000	91,803,000	90,594,000	100,827,000	74,339,000	68,835,000	76,170,000	62,943,000	58,543,000	55,616,000	58,354,000	65,450,000	1,157,682,000	48,468,000	52,143,000	54,384,000	47,001,000	47,336,000	51,003,000	53,895,000	49,279,000	76,047,000	73,745,000	79,931,000	120,051,000	262,591,000	96,352,000	113,701,000
long-term liabilities:
long-term debt	11,739,364,000	11,654,372,000	12,403,825,000	12,296,479,000	10,473,739,000	10,550,553,000	11,681,170,000	12,491,102,000	12,571,931,000	12,797,828,000	12,844,162,000	11,696,068,000	11,817,504,000	11,969,068,000	12,278,694,000	11,822,536,000	11,908,447,000	12,019,757,000	11,071,796,000	10,692,710,000	10,555,568,000	10,050,737,000	9,812,335,000	9,821,502,000	8,749,450,000	8,780,606,000	8,996,825,000	9,710,145,000	9,675,738,000	9,363,686,000	9,290,686,000	8,185,512,000	7,906,188,000	8,646,174,000	8,148,426,000	8,515,392,000	7,913,879,000	8,452,270,000	8,522,305,000	8,446,850,000	8,216,400,000	7,929,829,000	7,828,299,000	6,471,770,000	5,778,891,000	6,365,982,000	5,394,721,000	5,637,078,000	5,631,209,000	4,885,339,000	4,880,752,000	4,776,439,000	3,091,382,000	3,565,226,000	3,349,485,000	3,334,201,000	3,319,362,000	3,004,999,000	2,827,450,000	2,792,443,000	2,777,839,000	2,472,235,000	2,460,402,000				2,548,660,000		2,455,000,000	1,945,000,000	1,905,000,000	1,905,000,000	1,905,000,000	1,905,000,000		1,505,000,000	405,000,000	789,657,000		844,011,000	826,796,000	879,091,000	924,456,000	884,775,000	898,590,000	859,220,000	867,598,000	888,130,000	969,102,000	834,885,000	959,742,000
long-term lease liabilities	2,004,715,000	1,947,414,000	1,903,439,000	1,930,943,000	1,755,101,000	1,806,278,000	1,865,686,000	1,979,150,000	2,018,065,000	2,033,167,000	2,040,628,000	2,017,760,000	2,047,385,000	2,050,790,000	1,981,353,000	2,013,097,000	2,064,831,000	2,035,371,000	2,094,363,000	2,080,916,000	2,113,602,000	2,153,917,000	2,279,400,000	2,174,512,000	2,235,524,000	2,282,803,000
other long-term liabilities	466,341,000	406,214,000	367,942,000	432,158,000	373,697,000	411,389,000	404,161,000	332,220,000	330,842,000	302,721,000	248,067,000	221,022,000	227,578,000	232,799,000	191,475,000	183,553,000	185,594,000	179,068,000	186,246,000	181,012,000	459,353,000	438,048,000	270,868,000	241,269,000	195,649,000	147,477,000	387,426,000	383,249,000	377,965,000	378,709,000	349,728,000	350,041,000	341,927,000	339,177,000	334,993,000	330,626,000	325,114,000	316,865,000	313,683,000	359,296,000	354,641,000	347,781,000	342,576,000	288,612,000	286,394,000	272,393,000	283,828,000	246,063,000	204,662,000	192,763,000	186,475,000	165,760,000	159,189,000	135,854,000	129,282,000	123,592,000	119,211,000	115,559,000	112,008,000	104,413,000	101,209,000	96,861,000	94,570,000	90,980,000	87,826,000	81,999,000	80,495,000	77,783,000	73,805,000	67,180,000	65,762,000	58,311,000	55,090,000	53,178,000		43,117,000	40,922,000	35,634,000	34,268,000	33,940,000	32,926,000	31,519,000	30,072,000	3,811,000	3,447,000	3,327,000	3,235,000	4,182,000	3,166,000	1,593,000	1,660,000	1,149,000
total long-term liabilities	14,210,420,000	14,008,000,000	14,675,206,000	14,659,580,000	12,602,537,000	12,768,220,000	13,951,017,000	14,802,472,000	14,920,838,000	15,133,716,000	15,132,857,000	13,934,850,000	14,092,467,000	14,252,657,000	14,451,522,000	14,019,186,000	14,158,872,000	14,234,196,000	13,352,405,000	12,954,638,000	13,128,523,000	12,642,702,000	12,362,603,000	12,237,283,000	11,180,623,000	11,210,886,000	9,384,251,000	10,093,394,000	10,053,703,000	9,742,395,000	9,640,414,000	8,535,553,000	8,248,115,000	8,985,351,000	8,483,419,000	8,846,018,000	8,238,993,000	8,769,135,000	8,835,988,000	8,806,146,000	8,571,041,000	8,277,610,000	8,170,875,000	6,760,382,000	6,065,285,000	6,638,375,000	5,678,549,000	5,883,141,000	5,835,871,000	5,078,102,000	5,067,227,000	4,942,199,000	3,250,571,000	3,701,080,000	3,478,767,000	3,457,793,000	3,438,573,000	3,120,558,000	2,939,458,000	2,896,856,000	2,879,048,000	2,569,096,000	2,554,972,000	2,599,399,000	2,471,413,000	2,430,068,000	2,629,155,000	2,899,731,000	2,528,805,000	2,012,180,000	1,970,762,000	1,963,311,000	1,960,090,000	1,958,178,000		1,548,714,000	446,414,000	825,563,000				911,003,000			902,477,000	863,058,000	871,502,000	908,769,000	992,586,000	856,851,000		864,666,000
redeemable noncontrolling interests	65,157,000	62,604,000	54,132,000	49,092,000	40,817,000	36,577,000	35,047,000	35,047,000	37,573,000	38,184,000	31,735,000	40,615,000	39,881,000	36,037,000	17,250,000	15,177,000	15,177,000	13,677,000	15,194,000	15,194,000	14,349,000	14,478,000	16,052,000																												11,711,000	11,808,000	12,062,000	12,044,000	12,064,000	12,152,000	12,284,000	12,375,000	13,023,000
shareholders' deficit:
preferred stock - par value 0.01, 30,000 shares authorized, no shares issued or outstanding
common stock - class a, par value 0.01, 400,000 shares authorized, 107,487 shares and
107,561 shares issued and outstanding at june 30, 2025 and december 31, 2024,
respectively	1,075,000	1,080,000	1,076,000	1,075,000	1,075,000	1,079,000	1,080,000	1,081,000	1,084,000	1,083,000	1,080,000	1,080,000	1,079,000	1,078,000	1,089,000	1,095,000	1,095,000	1,093,000	1,098,000	1,114,000	1,119,000	1,116,000	1,118,000
additional paid-in capital	3,022,684,000	2,991,050,000	2,975,455,000	2,941,520,000	2,930,332,000	2,915,215,000	2,894,060,000	2,848,463,000	2,824,994,000	2,800,046,000	2,795,176,000	2,756,215,000	2,717,963,000	2,688,835,000	2,681,347,000	2,711,934,000	2,657,540,000	2,610,472,000	2,586,130,000	2,563,979,000	2,534,423,000	2,471,886,000	2,461,335,000	2,446,369,000	2,408,385,000	2,359,195,000	2,270,326,000	2,233,793,000	2,217,273,000	2,184,989,000	2,167,470,000	2,148,273,000	2,127,093,000	2,029,480,000	2,010,520,000	1,999,503,000	1,987,773,000	1,973,974,000	1,962,713,000	1,951,657,000	1,939,004,000	1,940,265,000	2,062,775,000	2,338,007,000	2,649,827,000	2,912,250,000	2,907,446,000				3,111,107,000	2,847,069,000	2,835,974,000	2,560,955,000	2,268,244,000	2,257,879,000	2,253,157,000	2,248,525,000	2,243,457,000	2,248,596,000	2,240,394,000	2,235,672,000	2,228,268,000	2,221,794,000	2,218,951,000	2,103,682,000	1,893,168,000	1,791,571,000	1,517,762,000	1,575,163,000	1,571,894,000	1,480,506,000	1,422,677,000	1,404,992,000	1,450,754,000	1,429,431,000	1,389,390,000	992,660,000	990,181,000	835,865,000	826,465,000	746,111,000	740,037,000	703,742,000	686,457,000	679,961,000	676,365,000	673,454,000	673,215,000	672,946,000	671,931,000	664,977,000
accumulated deficit	-7,251,106,000	-7,226,216,000	-7,326,189,000	-7,393,799,000	-7,546,370,000	-7,509,379,000	-7,450,824,000	-7,421,725,000	-7,362,838,000	-7,473,913,000	-7,482,061,000	-7,508,231,000	-7,531,180,000	-7,523,696,000	-7,203,531,000	-6,890,822,000	-6,759,382,000	-6,848,313,000	-6,604,028,000	-6,177,879,000	-5,972,657,000	-5,943,386,000	-5,560,695,000	-5,387,091,000	-5,193,942,000	-5,131,347,000	-5,136,368,000	-4,851,501,000	-4,759,637,000	-4,395,286,000	-4,388,288,000	-4,064,805,000	-3,735,062,000	-3,604,288,000	-3,637,467,000	-3,299,422,000	-3,231,735,000	-3,164,437,000	-3,168,069,000	-3,149,082,000	-2,743,115,000	-2,621,410,000	-2,542,380,000	-2,542,770,000	-2,526,146,000	-2,516,678,000	-2,518,085,000	-2,498,923,000	-2,520,451,000	-2,484,552,000	-2,462,176,000	-2,409,687,000	-2,357,242,000	-2,303,770,000	-2,281,139,000	-2,252,057,000	-2,143,774,000	-2,038,939,000	-1,929,670,000	-1,880,167,000	-1,845,679,000	-1,673,606,000	-1,627,602,000	-1,582,372,000	-1,532,263,000	-1,452,921,000	-1,401,035,000	-1,403,719,000	-1,387,296,000	-1,248,941,000	-1,234,307,000	-1,205,428,000	-1,187,894,000	-1,172,822,000	-1,065,224,000	-1,040,959,000	-1,008,909,000	-933,271,000	-924,066,000	-891,769,000	-877,325,000	-851,070,000	-829,357,000	-731,811,000	-684,556,000	-636,634,000	-585,466,000	-578,148,000	-521,740,000	-487,985,000	-425,979,000	-214,820,000
accumulated other comprehensive loss	-711,548,000	-736,617,000	-760,280,000	-723,648,000	-701,778,000	-629,735,000	-615,198,000	-594,305,000	-555,570,000	-596,370,000	-590,510,000	-613,894,000	-626,473,000	-591,364,000	-762,309,000	-780,512,000	-738,995,000	-808,429,000	-807,582,000	-873,612,000	-867,877,000	-846,846,000	-568,765,000	-620,778,000	-554,920,000	-531,761,000	-511,905,000	-528,517,000	-500,919,000	-379,109,000	-379,460,000	-342,450,000	-378,922,000	-342,899,000	-370,184,000	-370,386,000	-364,861,000	-441,352,000	-502,045,000	-501,492,000	-330,403,000	-356,936,000	-182,486,000	-94,145,000		-672,000																-1,805,000	-2,803,000	-3,777,000	-1,945,000	-1,799,000	-1,549,000	-1,699,000	-1,560,000	-1,420,000	-1,280,000	-1,090,000	-949,000	-808,000
total shareholders' deficit	-4,938,895,000	-4,970,703,000	-5,109,938,000	-5,174,852,000	-5,316,741,000	-5,222,820,000	-5,170,882,000	-5,166,486,000	-5,092,330,000	-5,269,154,000	-5,276,315,000	-5,364,830,000	-5,438,611,000	-5,425,147,000	-5,283,404,000	-4,958,305,000	-4,839,742,000	-5,045,177,000	-4,824,382,000	-4,486,398,000	-4,304,992,000	-4,317,230,000	-3,667,007,000	-3,560,374,000	-3,339,346,000	-3,302,781,000	-3,376,823,000	-3,145,083,000	-3,042,135,000	-2,588,241,000	-2,599,114,000	-2,257,798,000	-1,985,681,000	-1,916,494,000	-1,995,921,000	-1,669,062,000	-1,607,577,000	-1,630,560,000	-1,706,144,000	-1,697,656,000	-1,133,232,000	-1,036,787,000
total liabilities, redeemable noncontrolling interests, and shareholders' deficit	10,766,387,000	10,442,917,000	11,417,336,000	10,201,663,000	9,786,178,000	9,995,266,000	10,178,441,000	10,334,181,000	10,604,470,000	10,541,529,000	10,585,041,000	9,949,014,000	10,011,937,000	10,142,100,000	9,801,699,000	9,668,082,000	9,960,313,000	9,763,460,000	9,158,018,000	9,034,682,000	9,390,539,000	9,359,502,000	9,759,941,000	9,201,138,000
common stock - class a, par value 0.01, 400,000 shares authorized, 108,028 shares and
107,561 shares issued and outstanding at march 31, 2025 and december 31, 2024,
common stock - class a, par value 0.01, 400,000 shares authorized, 107,561 shares and
108,050 shares issued and outstanding at december 31, 2024 and december 31, 2023,
common stock - class a, par value 0.01, 400,000 shares authorized, 107,506 shares and
108,050 shares issued and outstanding at september 30, 2024 and december 31, 2023,
common stock - class a, par value 0.01, 400,000 shares authorized, 107,471 shares and
108,050 shares issued and outstanding at june 30, 2024 and december 31, 2023,
common stock - class a, par value 0.01, 400,000 shares authorized, 107,880 shares and
108,050 shares issued and outstanding at march 31, 2024 and december 31, 2023,
common stock - class a, par value 0.01, 400,000 shares authorized, 108,050 shares and
107,997 shares issued and outstanding at december 31, 2023 and december 31, 2022,
common stock - class a, par value 0.01, 400,000 shares authorized, 108,120 shares and
107,997 shares issued and outstanding at september 30, 2023 and december 31, 2022,
common stock - class a, par value 0.01, 400,000 shares authorized, 108,381 shares and
107,997 shares issued and outstanding at june 30, 2023 and december 31, 2022,
common stock - class a, par value 0.01, 400,000 shares authorized, 108,326 shares and
107,997 shares issued and outstanding at march 31, 2023 and december 31, 2022,
common stock - class a, par value 0.01, 400,000 shares authorized, 107,997 shares and
108,956 shares issued and outstanding at december 31, 2022 and december 31, 2021,
common stock - class a, par value 0.01, 400,000 shares authorized, 107,964 shares and
108,956 shares issued and outstanding at september 30, 2022 and december 31, 2021,
common stock - class a, par value 0.01, 400,000 shares authorized, 107,872 shares and
108,956 shares issued and outstanding at june 30, 2022 and december 31, 2021,
common stock - class a, par value 0.01, 400,000 shares authorized, 107,806 shares and
108,956 shares issued and outstanding at march 31, 2022 and december 31, 2021,
common stock - class a, par value 0.01, 400,000 shares authorized, 108,956 shares and
109,819 shares issued and outstanding at december 31, 2021 and december 31, 2020,
common stock - class a, par value 0.01, 400,000 shares authorized, 109,480 shares and
109,819 shares issued and outstanding at september 30, 2021 and december 31, 2020,
common stock - class a, par value 0.01, 400,000 shares authorized, 109,534 shares and
109,819 shares issued and outstanding at june 30, 2021 and december 31, 2020,
common stock - class a, par value 0.01, 400,000 shares authorized, 109,331 shares and
109,819 shares issued and outstanding at march 31, 2021 and december 31, 2020,
right-of-use assets																			2,373,560,000	2,340,035,000	2,375,247,000	2,420,363,000	2,572,217,000	2,449,933,000	2,502,601,000	2,552,304,000
common stock - class a, par value 0.01, 400,000 shares authorized, 109,819 shares and
111,775 shares issued and outstanding at december 31, 2020 and december 31, 2019,
common stock - class a, par value 0.01, 400,000 shares authorized, 111,443 shares and
111,775 shares issued and outstanding at september 30, 2020 and december 31, 2019,
short-term investments																					225,853,000														223,000	221,000	219,000	708,000	706,000	702,000	699,000	4,816,000	5,549,000	5,541,000	5,828,000	5,054,000	5,446,000	4,873,000	5,388,000	4,166,000	5,471,000				5,773,000			2,332,000	4,016,000	3,560,000	4,222,000	3,560,000	5,352,000	6,332,000	3,770,000	164,000	162,000	161,000	9,254,000	11,787,000	55,142,000	121,237,000	101,295,000													15,200,000
common stock - class a, par value 0.01, 400,000 shares authorized, 111,918 shares and
111,775 shares issued and outstanding at june 30, 2020 and december 31, 2019,
common stock - class a, par value 0.01, 400,000 shares authorized, 111,559 shares and
111,775 shares issued and outstanding at march 31, 2020 and december 31, 2019,
common stock - class a, par value 0.01, 400,000 shares authorized, 111,775 shares and
112,433 shares issued and outstanding at december 31, 2019 and december 31, 2018,
liabilities, redeemable noncontrolling interest,
redeemable noncontrolling interest																								14,077,000
common stock - class a, par value 0.01, 400,000 shares authorized, 112,604 shares and 112,433
shares issued and outstanding at september 30, 2019 and december 31, 2018, respectively																								1,126,000
liabilities and shareholders' deficit
common stock - class a, par value 0.01, 400,000 shares authorized, 113,090
shares and 112,433 shares issued and outstanding at june 30, 2019
and december 31, 2018, respectively																									1,131,000	1,132,000
total liabilities and shareholders' deficit																									9,269,415,000	9,312,759,000	7,213,707,000	7,213,823,000	7,289,378,000	7,405,082,000	7,320,205,000	7,300,470,000	7,308,853,000	7,297,450,000	7,360,945,000	7,915,722,000	7,436,322,000	7,371,644,000	7,403,215,000	7,396,757,000	7,751,863,000	7,527,299,000
preferred stock - par value .01, 30,000 shares authorized, no shares issued or outstanding
common stock - class a, par value .01, 400,000 shares authorized, 113,205
shares and 112,433 shares issued and outstanding at march 31, 2019
preferred stock - par value .01, 30,000 shares authorized, no shares issued or outst.
common stock - class a, par value .01, 400,000 shares authorized, 112,433
and 116,446 shares issued and outstanding at december 31, 2018
and december 31, 2017, respectively																											1,124,000	1,142,000	1,148,000	1,165,000
revenues:
site leasing																											1,740,434,000	435,260,000	429,884,000	430,542,000	1,623,173,000	408,538,000	403,001,000	397,550,000	1,538,070,000	388,168,000	381,843,000	374,450,000	1,480,634,000	371,993,000	370,462,000	369,727,000																																						41,104,000	38,934,000	38,342,000	144,004,000
site development																											125,261,000	31,961,000	26,439,000	27,760,000	104,501,000	25,407,000	24,293,000	25,813,000	95,055,000	23,151,000	23,689,000	25,319,000	157,840,000	38,742,000	40,242,000	40,367,000																																						24,917,000	24,314,000	19,962,000	87,478,000
total revenues																											1,865,695,000	467,221,000	456,323,000	458,302,000	1,727,674,000	433,945,000	427,294,000	423,363,000	1,633,125,000	411,319,000	405,532,000	399,769,000	1,638,474,000	410,735,000	410,704,000	410,094,000																																						66,021,000	63,248,000	58,304,000	231,482,000
operating expenses:
cost of revenues (exclusive of depreciation, accretion, and
amortization shown below):
cost of site leasing																											372,296,000	92,294,000	93,688,000	92,817,000	359,527,000	90,351,000	89,337,000	89,382,000	342,215,000	86,354,000	86,493,000	82,762,000	324,655,000	81,346,000	81,731,000	80,217,000																																						11,694,000		12,045,000	47,283,000
cost of site development																											96,499,000	24,447,000	20,726,000	22,520,000	86,785,000	21,117,000	20,007,000	21,588,000	78,682,000	19,114,000	20,074,000	19,833,000	119,744,000	30,387,000	30,381,000	30,893,000																																						23,311,000		19,249,000	81,398,000
selling, general, and administrative																											142,526,000	34,908,000	35,943,000	36,049,000	130,697,000	32,559,000	33,394,000	34,223,000	143,349,000	32,255,000	47,664,000	30,406,000	114,951,000	27,872,000	28,262,000	29,884,000
acquisition related adjustments and expenses																											10,961,000	2,995,000	3,133,000	3,044,000	12,367,000	1,583,000	2,306,000	2,969,000	13,140,000	2,970,000	2,821,000	3,182,000	11,864,000	364,000	5,780,000	1,339,000
asset impairment and decommission costs																											27,134,000	6,868,000	7,404,000	8,506,000	36,697,000	9,417,000	8,140,000	8,351,000	30,242,000	2,305,000	14,691,000	6,183,000	94,783,000	63,353,000	4,010,000	6,822,000
depreciation, accretion, and amortization																											672,113,000	167,703,000	169,558,000	165,398,000	643,100,000	161,907,000	159,520,000	159,031,000	638,189,000	160,111,000	159,723,000	159,801,000	660,021,000	164,330,000	162,377,000	171,853,000
total operating expenses																											1,321,529,000	329,215,000	330,452,000	328,334,000	1,269,173,000	316,934,000	312,704,000	315,544,000	1,245,817,000	303,109,000	331,466,000	302,167,000	1,326,018,000	367,652,000	312,541,000	321,008,000																																						63,418,000	63,477,000	29,074,000	126,682,000
operating income																											544,166,000	138,006,000	125,871,000	129,968,000	458,501,000	117,011,000	114,590,000	107,819,000	387,308,000	108,210,000	74,066,000	97,602,000	312,456,000	43,083,000	98,163,000	89,086,000
other income:
interest income																											6,731,000	2,006,000	1,671,000	1,295,000	11,337,000	2,505,000	2,909,000	3,234,000	10,928,000	3,101,000	2,737,000	1,866,000	3,894,000	1,276,000	715,000	293,000																																						244,000	497,000	247,000	516,000
interest expense																											-376,217,000	-95,717,000	-93,639,000	-88,923,000	-323,749,000	-81,357,000	-78,456,000	-77,602,000	-329,171,000	-83,426,000	-83,682,000	-83,804,000	-322,366,000	-81,877,000	-78,908,000	-77,654,000																																						-10,230,000	-10,427,000	-10,004,000	-47,460,000
non-cash interest expense																											-2,640,000	-632,000	-638,000	-733,000	-2,879,000	-725,000	-717,000	-705,000	-2,203,000	-585,000	-460,000	-455,000	-1,505,000	-449,000	-322,000	-280,000																																						-6,028,000	-7,401,000	-7,342,000	-28,082,000
amortization of deferred financing fees																											-20,289,000	-4,980,000	-4,897,000	-5,388,000	-21,940,000	-4,957,000	-4,949,000	-6,698,000	-21,136,000	-5,445,000	-5,325,000	-5,265,000	-19,154,000	-4,803,000	-4,626,000	-4,544,000
income from extinguishment of debt																											-14,443,000		-13,798,000	-645,000	-1,961,000		-1,961,000		-52,701,000	-34,512,000			-783,000
other income																											-85,624,000	-24,518,000	-90,210,000	4,553,000	-2,418,000	20,062,000	-18,793,000	14,948,000	94,278,000	-1,139,000	47,376,000	45,900,000	-139,137,000	-111,250,000	15,507,000	-82,968,000
total other income																											-492,482,000	-123,841,000	-201,511,000	-89,841,000	-341,610,000	-64,472,000	-101,967,000	-66,823,000	-300,005,000	-122,006,000	-39,354,000	-41,758,000	-479,051,000	-197,103,000	-67,634,000	-165,153,000																																						-16,696,000	-25,816,000	-19,233,000	-119,432,000
income before benefit from income taxes																											51,684,000			40,127,000	116,891,000	52,539,000	12,623,000	40,996,000	87,303,000	-13,796,000	34,712,000	55,844,000	-166,595,000	-154,020,000	30,529,000	-76,067,000
benefit from income taxes																											-4,233,000			-8,582,000	-13,237,000	-3,378,000	-3,390,000	-3,398,000	-11,065,000	-1,574,000	-2,001,000	-2,205,000		-1,926,000	-2,224,000	-2,963,000																																						-354,000	-331,000	-246,000	-710,000
net income																											47,451,000	16,144,000	-57,391,000	31,545,000	103,654,000	49,161,000	9,233,000	37,598,000	76,238,000	-15,370,000	32,711,000	53,639,000	-175,656,000	-155,946,000	28,305,000	-79,030,000																																						-14,444,000	-26,255,000	-21,713,000	-147,280,000
net income per common share:
basic																											410	140	-500	270	860	410	80	310	610	-120	260	430			220	129,235,000
diluted																											410	140	-500	270	860	410	80	310	610	-120	260	430			220	129,235,000
weighted-average common shares outstanding:
common stock - class a, par value .01, 400,000 shares authorized, 114,244
and 116,446 shares issued and outstanding at september 30, 2018
cost of revenues (exclusive of depreciation, accretion,
and amortization shown below):
income before income taxes																												14,165,000	-75,640,000
benefit for income taxes																												1,979,000	18,249,000										-9,061,000
net income per common share																																							-1,370																																									-190	-380	-330	-2,520
weighted-average number of common shares																																																																																74,487,000	70,330,000	65,260,000	58,420,000
common stock - class a, par value .01, 400,000 shares authorized, 114,832
and 116,446 shares issued and outstanding at june 30, 2018
prepaid and other current assets																														50,916,000														65,777,000	65,633,000	62,724,000	69,586,000	47,893,000	37,439,000	40,327,000	39,542,000	26,963,000	25,150,000	14,932,000	14,246,000	16,608,000	14,639,000	10,603,000	12,442,000	13,023,000	11,987,000	9,778,000	9,848,000	10,226,000	8,808,000	8,939,000	9,689,000	10,899,000	9,828,000	8,074,000	8,561,000	9,397,000	9,251,000	6,376,000	6,872,000										4,232,000	5,009,000	5,074,000	5,111,000	5,012,000	5,741,000	11,191,000	10,254,000
common stock - class a, par value .01, 400,000 shares authorized, 116,472
and 116,446 shares issued and outstanding at march 31, 2018
common stock - class a, par value .01, 400,000 shares authorized, 116,446
and 121,004 shares issued and outstanding at december 31, 2017
and december 31, 2016, respectively																															1,164,000	1,184,000	1,210,000	1,213,000
common stock - class a, par value .01, 400,000 shares authorized, 118,428
and 121,004 shares issued and outstanding at september 30, 2017
common stock - class a, par value .01, 400,000 shares authorized, 120,981
and 121,004 shares issued and outstanding at june 30, 2017
common stock - class a, par value .01, 400,000 shares authorized, 121,256
and 121,004 shares issued and outstanding at march 31, 2017
common stock - class a, par value .01, 400,000 shares authorized, 121,004
and 125,743 shares issued and outstanding at december 31, 2016
and december 31, 2015, respectively																																			1,210,000	1,243,000
common stock - class a, par value .01, 400,000 shares authorized, 124,297
and 125,743 shares issued and outstanding at september 30, 2016
at june 30, 2016 and december 31, 2015, respectively																																					66,117,000
common stock - class a, par value .01, 400,000 shares authorized, 124,566 and
125,743 shares issued and outstanding at june 30, 2016 and
december 31, 2015, respectively																																					1,246,000	1,255,000
at march 31, 2016 and december 31, 2015, respectively																																						87,580,000
common stock - class a, par value .01, 400,000 shares authorized, 125,512 and
125,743 shares issued and outstanding at march 31, 2016 and
at december 31, 2015 and december 31, 2014, respectively																																							83,326,000
deferred financing fees																																							94,152,000	89,185,000	93,980,000	93,429,000	95,237,000	78,903,000	75,241,000	80,578,000	73,042,000	76,974,000	79,799,000	63,564,000	66,324,000	68,432,000	40,568,000	39,664,000	42,064,000	44,430,000	46,751,000	42,882,000	45,110,000	47,231,000	49,218,000	40,346,000	37,902,000	39,855,000	31,073,000	26,587,000	33,384,000	40,465,000	44,091,000	33,788,000	33,578,000	35,348,000	37,560,000	40,032,000	33,221,000	16,155,000	20,547,000	19,063,000	19,931,000	15,707,000	16,326,000	17,834,000	19,421,000	18,282,000	20,799,000	24,253,000	22,803,000	24,664,000	23,363,000	24,517,000	25,682,000
common stock - class a, par value .01, 400,000 shares authorized, 125,743 and
129,134 shares issued and outstanding at december 31, 2015 and
december 31, 2014, respectively																																							1,257,000	1,261,000	1,282,000	1,294,000
basic and diluted weighted-average number of common shares																																							127,794,000
at september 30, 2015 and december 31, 2014, respectively																																								73,383,000
common stock - class a, par value .01, 400,000 shares authorized, 126,143 and
129,134 shares issued and outstanding at september 30, 2015 and
basic and diluted																																								-1,230		-610
at june 30, 2015 and december 31, 2014, respectively																																									93,374,000
preferred stock - par value .01, 30,000 shares authorized, no shares issued
or outstanding
common stock - class a, par value .01, 400,000 shares authorized, 128,228 and
129,134 shares issued and outstanding at june 30, 2015 and
at march 31, 2015 and december 31, 2014, respectively																																										91,468,000
common stock - class a, par value .01, 400,000 shares authorized, 129,428 and
129,134 shares issued and outstanding at march 31, 2015 and
at december 31, 2014 and december 31, 2013, respectively																																											104,268,000
liabilities and shareholders' equity
shareholders' (deficit) equity:
common stock - class a, par value .01, 400,000 shares authorized, 129,134 and
128,432 shares issued and outstanding at december 31, 2014 and
december 31, 2013, respectively																																											1,291,000	1,291,000	1,291,000	1,288,000
total shareholders' (deficit) equity																																											-660,800,000
total liabilities and shareholders' (deficit) equity																																											7,841,125,000
at september 30, 2014 and december 31, 2013, respectively																																												77,435,000
shareholders' equity
common stock - class a, par value .01, 400,000 shares authorized, 129,096 and
128,432 shares issued and outstanding at september 30, 2014 and
total shareholders' equity																																												-297,617,000	159,288,000	396,188,000	356,966,000																											232,390,000	385,921,000
total liabilities and shareholders' equity																																												7,808,992,000	7,564,583,000	7,791,342,000	6,783,188,000																											2,246,184,000	2,046,292,000
at june 30, 2014 and december 31, 2013, respectively																																													72,782,000
shareholders' equity:
common stock - class a, par value .01, 400,000 shares authorized, 129,104 and
128,432 shares issued and outstanding at june 30, 2014 and
accumulated other comprehensive loss (income)																																													34,316,000
at march 31, 2014 and december 31, 2013, respectively																																														68,102,000
common stock - class a, par value .01, 400,000 shares authorized, 128,788 and
128,432 shares issued and outstanding at march 31, 2014 and
at december 31, 2013 and 2012, respectively																																															71,339,000
common stock - class a, par value .01, 400,000 shares authorized, 128,432 and 126,933
shares issued and outstanding at december 31, 2013 and 2012, respectively																																															1,284,000
accumulated other comprehensive income																																															-33,679,000	-12,564,000	-14,173,000	4,345,000	2,791,000	1,934,000	248,000	1,227,000	485,000	-617,000	2,424,000	2,359,000	2,175,000	1,735,000	1,305,000														-666,000	-1,552,000	23,273,000	15,844,000	14,460,000	8,483,000	204,000
liabilities and shareholders’ equity
current liabilities
commitments and contingencies
shareholders’ equity
common stock - class a, par value 0.01, 400,000 shares authorized, 128,137 and 126,933 shares issued and outstanding at september 30, 2013 and december 31, 2012, respectively																																																1,281,000
additional paid in capital																																																2,958,635,000	2,969,083,000
total shareholders’ equity																																																448,429,000	435,737,000	696,645,000	652,991,000	440,534,000	480,195,000	259,572,000		6,299,000	112,921,000	213,078,000	317,110,000	371,927,000	397,824,000	562,307,000	599,949,000	637,950,000	687,127,000	650,149,000	491,759,000	387,290,000	129,965,000	325,887,000	337,391,000	275,043,000	234,871,000			387,965,000	404,786,000	76,091,000	81,431,000						2,466,000	43,877,000	91,440,000	95,818,000	151,987,000	185,473,000	246,457,000	450,644,000
total liabilities and shareholders’ equity																																																6,584,428,000	6,484,506,000	6,449,885,000	6,595,617,000	6,083,291,000	4,793,660,000	4,086,629,000	3,606,399,000	3,609,138,000	3,693,009,000	3,466,258,000	3,400,175,000	3,423,936,000	3,433,689,000	3,270,641,000	3,313,646,000	3,351,603,000	3,255,511,000	3,172,020,000	3,211,508,000	3,387,848,000	2,733,109,000	2,406,902,000	2,384,323,000	2,301,297,000	2,253,504,000			2,002,129,000	2,008,882,000	950,122,000	952,536,000						954,222,000	982,982,000	1,036,687,000	1,084,518,000	1,264,624,000	1,304,915,000	1,322,686,000	1,429,011,000
stockholders’ equity
common stock - class a, par value 0.01, 400,000 shares authorized, 127,784 and 126,933 shares issued and outstanding at june 30, 2013 and december 31, 2012, respectively																																																	1,278,000
common stock - class a, par value 0.01, 400,000 shares authorized, 127,300 and 126,933 shares issued and outstanding at march 31, 2013 and december 31, 2012, respectively																																																		1,273,000
additional paid -in capital																																																		3,175,579,000
common stock - class a, par value .01, 400,000 shares authorized 126,933 and 109,675 shares issued and outstanding at december 31, 2012 and 2011, respectively																																																			1,269,000
short term investments																																																				5,505,000	5,016,000	5,749,000		5,286,000	2,829,000																						19,777,000
assets held for sale																																																				5,700,000	125,000,000																													10,000	10,000	203,000	901,000	395,000	8,479,000	42,708,000
common stock - class a, par value 0.01, 400,000 shares authorized, 121,809 and 109,675 shares issued and outstanding at september 30, 2012 and december 31, 2011, respectively																																																				1,218,000
current maturities of long-term debt and short-term debt																																																					918,006,000
common stock – class a, par value 0.01, 400,000 shares authorized, 121,495 and 109,675 shares issued and outstanding at june 30, 2012 and december 31, 2011, respectively																																																					1,215,000
current portion of long-term debt																																																						5,000,000		5,000,000	5,000,000
common stock - class a, par value 0.01, 400,000 shares authorized, 115,974 and 109,675 shares issued and outstanding at march 31, 2012 and december 31, 2011, respectively																																																						1,160,000
shareholders’ equity:
preferred stock – par value .01, 30,000 shares authorized, no shares issued or outstanding
common stock – class a, par value .01, 400,000 shares authorized 109,675 and 114,832 shares issued and outstanding at december 31, 2011 and 2010, respectively																																																							1,097,000
total shareholders’ (deficit) equity																																																							-11,313,000																													-27,472,000
common stock - class a, par value 0.01, 400,000 shares authorized, 109,357 and 114,832 shares issued and outstanding at september 30, 2011 and december 31, 2010, respectively																																																								1,094,000
common stock - class a, par value 0.01, 400,000 shares authorized, 111,449 and 114,832 shares issued and outstanding at june 30, 2011 and december 31, 2010, respectively																																																									1,114,000
common stock - class a, par value .01, 400,000 shares authorized, 113,320 and 114,832 shares issued and outstanding at march, 31, 2011 and december 31, 2010, respectively																																																										1,133,000
common stock - class a, par value .01, 400,000 and 200,000 shares authorized, 114,832 and 117,082 shares issued and outstanding at december 31, 2010 and 2009, respectively																																																											1,148,000
sba communications corporation shareholders’ equity																																																											317,110,000	371,313,000	397,166,000	561,432,000
noncontrolling interests																																																												614,000	658,000	875,000	915,000	1,138,000	1,218,000
preferred stock - par value .01, 30,000 shares authorized, none issued or outstanding
common stock - class a, par value .01, 400,000 and 200,000 shares authorized, 114,926 and 117,082 shares issued and outstanding at september 30, 2010 and december 31, 2009, respectively																																																												1,149,000
common stock - class a, par value .01, 400,000 shares authorized, 114,591 and 117,082 shares issued and outstanding at june 30, 2010 and december 31, 2009, respectively																																																													1,146,000
preferred stock—par value .01, 30,000 shares authorized, none issued or outstanding
common stock—class a, par value .01, 200,000 shares authorized, 117,124 and 117,082 shares issued and outstanding at march 31, 2010 and december 31, 2009, respectively																																																														1,171,000
common stock - class a, par value .01, 200,000 shares authorized, 117,082 and 117,525 shares issued and outstanding at december 31, 2009 and 2008, respectively																																																															1,171,000
interest payable																																																																26,796,000	9,186,000	8,172,000	5,946,000	8,729,000	5,059,000	3,861,000	3,499,000	3,827,000	4,011,000	4,071,000	4,056,000	1,288,000	1,017,000	5,613,000	3,880,000	7,819,000	2,544,000	7,101,000	3,729,000	5,322,000	6,296,000	20,319,000	11,293,000	31,476,000	12,459,000	22,919,000	22,521,000	21,815,000
long-term debt, net of current maturities																																																																2,508,419,000	2,383,587,000	2,348,069,000		2,821,948,000
common stock - class a, par value .01, 200,000 shares authorized, 116,771 and 117,525 shares issued and outstanding at september 30, 2009 and december 31, 2008, respectively																																																																1,167,000
common stock - class a, par value .01, 200,000 shares authorized, 116,643 and 117,525 shares issued and outstanding at june 30, 2009 and december 31, 2008, respectively																																																																	1,166,000
billings in excess of costs and estimated earnings on uncompleted contracts																																																																		249,000	359,000	189,000	249,000	680,000	1,195,000	1,102,000	1,453,000	1,334,000	1,055,000	1,006,000	852,000	945,000	1,391,000	431,000	313,000	534,000	1,251,000	478,000	873,000	1,577,000	849,000	1,881,000	2,016,000	2,362,000	4,355,000	6,302,000
common stock - class a, par value .01, 200,000 shares authorized, 118,717 and 117,525 shares issued and outstanding at march 31, 2009 and december 31, 2008, respectively																																																																		1,187,000
common stock - class a, par value .01, 200,000 shares authorized, 117,525 and 108,380 shares issued and outstanding at december 31, 2008 and 2007, respectively																																																																			1,175,000
common stock - class a, par value .01, 200,000 shares authorized, 113,715 and 108,380 shares issued and outstanding at september 30, 2008 and december 31, 2007, respectively																																																																				1,137,000
common stock - class a, par value .01, 200,000 shares authorized, 105,910 and 108,380 shares issued and outstanding at june 30, 2008 and december 31, 2007, respectively																																																																					1,059,000
preferred stock – par value .01, 30,000 shares authorized, none issued or outstanding
common stock – class a, par value .01, 200,000 shares authorized, 108,530 and 108,380 shares issued and outstanding at march 31, 2008 and december 31, 2007, respectively																																																																						1,085,000
common stock—class a, par value .01, 200,000 shares authorized, 108,380 and 105,672 shares issued and outstanding at december 31, 2007 and 2006, respectively																																																																							1,084,000
common stock - class a, par value .01, 200,000 shares authorized, 105,500 and 105,672 shares issued and outstanding at september 30, 2007 and december 31, 2006, respectively																																																																								1,055,000
common stock—class a, par value .01, 200,000 shares authorized, 103,681 and 105,672 shares issued and outstanding at june 30, 2007 and december 31, 2006, respectively																																																																									1,037,000
common stock - class a, par value .01, 200,000 shares authorized, 102,761 and 105,672 shares issued and outstanding at march 31, 2007 and december 31, 2006, respectively																																																																										1,028,000
long term liabilities:
long term debt																																																																											1,555,000,000				784,392,000
other long term liabilities																																																																											45,025,000
total long term liabilities																																																																											1,602,017,000				818,962,000	878,214,000	860,049,000		954,912,000	889,062,000
preferred stock - .01 par value, 30,000 shares authorized, none issued or outstanding
common stock - class a par value .01, 200,000 shares authorized, 105,672 and 85,615 shares issued and outstanding at december 31, 2006 and 2005, respectively																																																																											1,057,000
common stock - class a par value .01, 200,000 shares authorized, 104,502 and 85,615 shares issued and outstanding at september 30, 2006 and december 31, 2005, respectively																																																																												1,045,000
bridge financing																																																																													1,100,000,000
common stock - class a par value .01, 200,000 shares authorized, 103,154 and 85,615 shares issued and outstanding at june 30, 2006 and december 31, 2005, respectively																																																																													1,032,000
prepaid and other current expenses																																																																														6,159,000	4,248,000	12,693,000	4,911,000	4,475,000	4,327,000	5,386,000
common stock - class a par value .01, 200,000 shares authorized, 85,819 and 85,615 shares issued and outstanding at march 31, 2006 and december 31, 2005, respectively																																																																														858,000
long term debt, current portion																																																																																3,250,000	3,250,000	3,250,000	3,250,000	3,251,000
common stock - class a par value .01, 200,000 shares authorized, 85,615 and 64,903 shares issued and outstanding at december 31, 2005 and 2004, respectively																																																																															856,000
liabilities and shareholders’ deficit
shareholders’ deficit :
common stock - class a par value .01, 200,000 shares authorized, 75,228 and 64,903 shares issued and outstanding at september 30, 2005 and december 31, 2004, respectively																																																																																752,000
total shareholders’ deficit																																																																																-46,669,000	-49,913,000	-104,303,000	-88,671,000
total liabilities and shareholders’ deficit																																																																																885,929,000	857,137,000	854,036,000	917,244,000
cost of revenues
selling, general and administrative																																																																																6,725,000	7,112,000	7,200,000	28,887,000
restructuring and other charges																																																																																31,000	2,000	17,000	250,000
asset impairment charges																																																																																-16,000	40,000	214,000	7,092,000
depreciation, accretion and amortization																																																																																21,673,000	21,644,000	21,643,000	90,453,000
operating income from continuing operations																																																																																2,603,000	-229,000	-2,064,000	-23,881,000
amortization of debt issuance fees																																																																																-701,000
write-off of deferred financing fees and extinguishment of debt																																																																																	-8,244,000
other																																																																																19,000	305,000	150,000	236,000
income from continuing operations before benefit from income taxes																																																																																-14,093,000	-26,045,000	-21,297,000
income from continuing operations																																																																																-14,447,000	-26,376,000	-21,543,000
gain from discontinued operations, net of income taxes																																																																																3,000	121,000	-170,000	-3,257,000
basic and diluted loss per common share amounts:
income from discontinued operations																																																																																			-50
shareholders’ deficit:
common stock - class a par value .01, 200,000 shares authorized, 74,258 and 64,903 shares issued and outstanding at june 30, 2005 and december 31, 2004, respectively																																																																																	743,000
amortization of debt issuance costs																																																																																	-546,000	-798,000	-3,445,000
gain from discontinued operations
common stock - class a par value .01, 200,000 shares authorized, 65,619 and 64,903 shares issued and outstanding in 2005 and 2004, respectively																																																																																		656,000
common stock - class b par value .01, 8,100 shares authorized, none issued or outstanding
total cost of revenues																																																																																		31,294,000	128,681,000
gross profit																																																																																		27,010,000	102,801,000
income from write-off of deferred financing fees and extinguishment of debt																																																																																		-1,486,000	-41,197,000
liabilities held for sale																																																																																					472,000	608,000	450,000	683,000
common stock - class a par value .01, 200,000 shares authorized, 64,903 and 55,016 shares issued and outstanding in 2004 and 2003, respectively																																																																																			649,000
income from continuing operations before benefit from income taxes and cumulative effect of change in accounting principle																																																																																			-143,313,000
income from continuing operations before cumulative effect of change in accounting principle																																																																																			-144,023,000
income before cumulative effect of change in accounting principle																																																																																			-147,280,000
cumulative effect of change in accounting principle
income from continuing operations before cumulative effect of changes in accounting principle																																																																																			-2,470
liabilities and shareholders’ (deficit) equity
shareholders’ (deficit) equity:
common stock - class a par value .01, 200,000 shares authorized, 59,965 and 55,016 shares issued and outstanding in 2004 and 2003, respectively																																																																																				597,000
total liabilities and shareholders’ (deficit) equity																																																																																				915,485,000
long-term debt, current portion																																																																																					2,458,000	11,538,000	13,042,000	6,558,000	60,066,000	189,397,000
preferred stock-.01 par value, 30,000 shares authorized, none issued or outstanding
common stock-class a par value .01																																																																																					565,000	550,000	486,000	457,000		457,000	450,000
common stock-class b par value .01																																																																																							55,000	55,000		55,000	55,000
deferred tax liabilities																																																																																								16,457,000	18,429,000	18,429,000	18,475,000	18,429,000
common stock—class a par value .01																																																																																									457,000
common stock—class b par value .01																																																																																									55,000
goodwill
other intangible assets																																																																																											4,925,000
current portion – long-term debt																																																																																											124,000
current portion—notes payable																																																																																												365,000
senior notes payable																																																																																												500,000,000
senior discount notes payable																																																																																												234,885,000
notes payable																																																																																												110,203,000
common stock-class a par value .01 (100,000 shares authorized), 43,233 and 40,989 shares issued and outstanding in 2001 and 2000, respectively																																																																																												432,000
common stock-class b par value .01 (8,100 shares authorized), 5,456 shares issued and outstanding in 2001 and 2000																																																																																												55,000

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