10-Q Filing

SBA COMMUNICATIONS CORP CIK: 1034054 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001034054-20-000008`
Period End Date	20200630
Filing Date	20200806
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	sbac-20200630x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 85 Income Statement 105 Cash Flow Statement 88 Stockholders Equity 44 Comprehensive Income 22

Balance Sheet 85 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	30.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	30.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$108.31M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$207.49M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$30.24M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$41.68M	USD	Point-in-time
Common stock - Class A, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock - Class A, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$91.30M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$132.12M	USD	Point-in-time
Common stock - Class A, shares authorized	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Common stock - Class A, shares authorized	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Costs and estimated earnings in excess of billings on uncompleted contracts	`ContractWithCustomerAssetNetCurrent`	$26.31M	USD	Point-in-time
Costs and estimated earnings in excess of billings on uncompleted contracts	`ContractWithCustomerAssetNetCurrent`	$18.88M	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$225.85M	USD	Point-in-time
Common stock - Class A, shares issued	`CommonStockSharesIssued`	111.78M	shares	Point-in-time
Common stock - Class A, shares issued	`CommonStockSharesIssued`	111.92M	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$534.00K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$38.89M	USD	Point-in-time
Common stock - Class A, shares outstanding	`CommonStockSharesOutstanding`	111.92M	shares	Point-in-time
Common stock - Class A, shares outstanding	`CommonStockSharesOutstanding`	111.78M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$36.75M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$334.27M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$624.09M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.79B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.66B	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$3.17B	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$3.63B	USD	Point-in-time
Right-of-use assets, net	`RightOfUseAsset`	$2.57B	USD	Point-in-time
Right-of-use assets, net	`RightOfUseAsset`	$2.38B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$557.75M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$432.08M	USD	Point-in-time
Total assets	`Assets`	$9.39B	USD	Point-in-time
Total assets	`Assets`	$9.76B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$26.35M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$31.85M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$65.58M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$67.62M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$522.09M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$24.00M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$130.67M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$113.51M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$49.27M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$50.42M	USD	Point-in-time
Current lease liabilities	`LeaseLiabilityCurrent`	$247.01M	USD	Point-in-time
Current lease liabilities	`LeaseLiabilityCurrent`	$229.85M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$16.95M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$25.79M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.05B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$552.66M	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$10.56B	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$9.81B	USD	Point-in-time
Long-term lease liabilities	`LeaseLiabilityNoncurrent`	$2.28B	USD	Point-in-time
Long-term lease liabilities	`LeaseLiabilityNoncurrent`	$2.11B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$270.87M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$459.35M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$12.36B	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$13.13B	USD	Point-in-time
Redeemable noncontrolling interests	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$14.35M	USD	Point-in-time
Redeemable noncontrolling interests	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$16.05M	USD	Point-in-time
Redeemable noncontrolling interests	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$14.48M	USD	Point-in-time
Preferred stock - par value $.01, 30,000 shares authorized, no shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock - par value $.01, 30,000 shares authorized, no shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
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, respectively	`CommonStockValue`	$1.12M	USD	Point-in-time
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, respectively	`CommonStockValue`	$1.12M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.53B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.46B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-5.97B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-5.56B	USD	Point-in-time
Accumulated other comprehensive loss, net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-568.76M	USD	Point-in-time
Accumulated other comprehensive loss, net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-867.88M	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-4.32B	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-3.34B	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-3.30B	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-3.67B	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-4.30B	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-3.38B	USD	Point-in-time
Total liabilities, redeemable noncontrolling interests, and shareholders' deficit	`LiabilitiesAndStockholdersEquity`	$9.76B	USD	Point-in-time
Total liabilities, redeemable noncontrolling interests, and shareholders' deficit	`LiabilitiesAndStockholdersEquity`	$9.39B	USD	Point-in-time

Income Statement 105 line items

Line Item	Tag	Value	Unit	Period
Site leasing	`OperatingLeaseLeaseIncome`	$459.00M	USD	1 Quarter
Site leasing	`OperatingLeaseLeaseIncome`	$974.76M	USD	2 Qtrs
Site leasing	`OperatingLeaseLeaseIncome`	$482.40M	USD	1 Quarter
Site leasing	`OperatingLeaseLeaseIncome`	$911.19M	USD	2 Qtrs
Site development	`RevenueFromContractWithCustomerExcludingAssessedTax`	$82.25M	USD	2 Qtrs
Site development	`RevenueFromContractWithCustomerExcludingAssessedTax`	$49.53M	USD	2 Qtrs
Site development	`RevenueFromContractWithCustomerExcludingAssessedTax`	$41.14M	USD	1 Quarter
Site development	`RevenueFromContractWithCustomerExcludingAssessedTax`	$24.82M	USD	1 Quarter
Total revenues	`Revenues`	$507.23M	USD	1 Quarter
Total revenues	`Revenues`	$993.44M	USD	2 Qtrs
Total revenues	`Revenues`	$500.15M	USD	1 Quarter
Total revenues	`Revenues`	$1.02B	USD	2 Qtrs
Non-cash compensation expense	`ShareBasedCompensation`	$34.86M	USD	2 Qtrs
Non-cash compensation expense	`ShareBasedCompensation`	$47.90M	USD	2 Qtrs
Cost of site leasing	`CostOfGoodsSoldDirectOperatingLease`	$91.60M	USD	1 Quarter
Cost of site leasing	`CostOfGoodsSoldDirectOperatingLease`	$187.40M	USD	2 Qtrs
Cost of site leasing	`CostOfGoodsSoldDirectOperatingLease`	$93.46M	USD	1 Quarter
Cost of site leasing	`CostOfGoodsSoldDirectOperatingLease`	$186.18M	USD	2 Qtrs
Cost of site development	`CostOfGoodsAndServicesSold`	$19.90M	USD	1 Quarter
Cost of site development	`CostOfGoodsAndServicesSold`	$30.99M	USD	1 Quarter
Cost of site development	`CostOfGoodsAndServicesSold`	$62.09M	USD	2 Qtrs
Cost of site development	`CostOfGoodsAndServicesSold`	$39.62M	USD	2 Qtrs
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$98.70M	USD	2 Qtrs
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$55.52M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$49.09M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$106.48M	USD	2 Qtrs
Acquisition and new business initiatives related adjustments and expenses	`BusinessCombinationAcquisitionRelatedCostsAndAdjusments`	$2.54M	USD	1 Quarter
Acquisition and new business initiatives related adjustments and expenses	`BusinessCombinationAcquisitionRelatedCostsAndAdjusments`	$4.63M	USD	1 Quarter
Acquisition and new business initiatives related adjustments and expenses	`BusinessCombinationAcquisitionRelatedCostsAndAdjusments`	$4.98M	USD	2 Qtrs
Acquisition and new business initiatives related adjustments and expenses	`BusinessCombinationAcquisitionRelatedCostsAndAdjusments`	$8.43M	USD	2 Qtrs
Asset impairment and decommission costs	`AssetImpairmentAndDecommissionCosts`	$9.62M	USD	1 Quarter
Asset impairment and decommission costs	`AssetImpairmentAndDecommissionCosts`	$20.60M	USD	2 Qtrs
Asset impairment and decommission costs	`AssetImpairmentAndDecommissionCosts`	$15.39M	USD	2 Qtrs
Asset impairment and decommission costs	`AssetImpairmentAndDecommissionCosts`	$6.24M	USD	1 Quarter
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$178.71M	USD	1 Quarter
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$361.29M	USD	2 Qtrs
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$171.56M	USD	1 Quarter
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$342.60M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$716.04M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$363.69M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$350.17M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$717.72M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$157.05M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$275.72M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$136.45M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$308.26M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$699.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.58M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$3.38M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$1.58M	USD	2 Qtrs
Interest expense	`InvestmentIncomeInvestmentExpense`	$191.54M	USD	2 Qtrs
Interest expense	`InvestmentIncomeInvestmentExpense`	$95.69M	USD	1 Quarter
Interest expense	`InvestmentIncomeInvestmentExpense`	$97.45M	USD	1 Quarter
Interest expense	`InvestmentIncomeInvestmentExpense`	$196.11M	USD	2 Qtrs
Non-cash interest expense	`PaidInKindInterest`	$1.29M	USD	2 Qtrs
Non-cash interest expense	`PaidInKindInterest`	$4.74M	USD	2 Qtrs
Non-cash interest expense	`PaidInKindInterest`	$651.00K	USD	1 Quarter
Non-cash interest expense	`PaidInKindInterest`	$2.34M	USD	1 Quarter
Amortization of deferred financing fees	`AmortizationOfFinancingCosts`	$5.19M	USD	1 Quarter
Amortization of deferred financing fees	`AmortizationOfFinancingCosts`	$10.18M	USD	2 Qtrs
Amortization of deferred financing fees	`AmortizationOfFinancingCosts`	$10.33M	USD	2 Qtrs
Amortization of deferred financing fees	`AmortizationOfFinancingCosts`	$5.12M	USD	1 Quarter
Loss from extinguishment of debt, net	`GainLossOnExtinguishmentOfDebtIncludingInterestExpense`	$-16.86M	USD	2 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-257.88M	USD	2 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$12.25M	USD	2 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$12.76M	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-31.59M	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-191.95M	USD	2 Qtrs
Total other expense, net	`NonoperatingIncomeExpense`	$-88.87M	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-134.10M	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-479.77M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$22.95M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-171.52M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$83.78M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$47.58M	USD	1 Quarter
Benefit (provision) for income taxes	`IncomeTaxExpenseBenefit`	$25.82M	USD	2 Qtrs
Benefit (provision) for income taxes	`IncomeTaxExpenseBenefit`	$-165.00K	USD	1 Quarter
Benefit (provision) for income taxes	`IncomeTaxExpenseBenefit`	$-66.70M	USD	2 Qtrs
Benefit (provision) for income taxes	`IncomeTaxExpenseBenefit`	$15.61M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$23.12M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-104.82M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$31.97M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$57.96M	USD	2 Qtrs
Net (income) loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$305.00K	USD	1 Quarter
Net (income) loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-569.00K	USD	2 Qtrs
Net income (loss) attributable to SBA Communications Corporation	`NetIncomeLoss`	$57.96M	USD	2 Qtrs
Net income (loss) attributable to SBA Communications Corporation	`NetIncomeLoss`	$31.97M	USD	1 Quarter
Net income (loss) attributable to SBA Communications Corporation	`NetIncomeLoss`	$-104.25M	USD	2 Qtrs
Net income (loss) attributable to SBA Communications Corporation	`NetIncomeLoss`	$22.81M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.51	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$-0.93	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.28	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.20	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.28	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.20	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-0.93	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.51	USD	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	113.20M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	111.74M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	111.82M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	112.96M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	113.63M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	111.82M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	114.94M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	114.64M	shares	2 Qtrs

Cash Flow Statement 88 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`ProfitLoss`	$23.12M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-104.82M	USD	2 Qtrs
Net (loss) income	`ProfitLoss`	$31.97M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$57.96M	USD	2 Qtrs
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$178.71M	USD	1 Quarter
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$361.29M	USD	2 Qtrs
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$171.56M	USD	1 Quarter
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$342.60M	USD	2 Qtrs
Non-cash asset impairment and decommission costs	`NoncashAssetImpairmentAndDecommissionCosts`	$20.16M	USD	2 Qtrs
Non-cash asset impairment and decommission costs	`NoncashAssetImpairmentAndDecommissionCosts`	$14.74M	USD	2 Qtrs
Non-cash compensation expense	`ShareBasedCompensation`	$34.86M	USD	2 Qtrs
Non-cash compensation expense	`ShareBasedCompensation`	$47.90M	USD	2 Qtrs
Amortization of deferred financing fees	`AmortizationOfFinancingCostsAndDiscounts`	$10.18M	USD	2 Qtrs
Amortization of deferred financing fees	`AmortizationOfFinancingCostsAndDiscounts`	$10.33M	USD	2 Qtrs
Loss (gain) on remeasurement of U.S. dollar denominated intercompany loans	`ForeignCurrencyTransactionGainLossBeforeTax`	$-261.31M	USD	2 Qtrs
Loss (gain) on remeasurement of U.S. dollar denominated intercompany loans	`ForeignCurrencyTransactionGainLossBeforeTax`	$7.01M	USD	2 Qtrs
Deferred income tax (benefit) expense	`DeferredIncomeTaxExpenseBenefit`	$14.82M	USD	2 Qtrs
Deferred income tax (benefit) expense	`DeferredIncomeTaxExpenseBenefit`	$-77.71M	USD	2 Qtrs
Other non-cash items reflected in the Statements of Operations	`OtherNoncashIncomeExpense`	$3.58M	USD	2 Qtrs
Other non-cash items reflected in the Statements of Operations	`OtherNoncashIncomeExpense`	$-16.88M	USD	2 Qtrs
Accounts receivable and costs and estimated earnings in excess of billings on uncompleted contracts, net	`IncreaseDecreaseInAccountsAndOtherReceivables`	$4.55M	USD	2 Qtrs
Accounts receivable and costs and estimated earnings in excess of billings on uncompleted contracts, net	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-34.13M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-3.92M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-1.98M	USD	2 Qtrs
Operating lease right-of-use assets, net	`IncreaseDecreaseInOperatingLeaseRightOfUseAsset`	$47.24M	USD	2 Qtrs
Operating lease right-of-use assets, net	`IncreaseDecreaseInOperatingLeaseRightOfUseAsset`	$59.56M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.85M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$4.09M	USD	2 Qtrs
Accrued interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$474.00K	USD	2 Qtrs
Accrued interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-513.00K	USD	2 Qtrs
Long-term lease liabilities	`IncreaseDecreaseInLongTermLeaseLiability`	$-49.83M	USD	2 Qtrs
Long-term lease liabilities	`IncreaseDecreaseInLongTermLeaseLiability`	$-41.73M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$20.67M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-18.75M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$466.11M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$592.42M	USD	2 Qtrs
Acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$95.89M	USD	1 Quarter
Acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$151.18M	USD	2 Qtrs
Acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$29.50M	USD	1 Quarter
Acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$119.03M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$72.78M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$66.98M	USD	2 Qtrs
Purchase of investments	`PaymentsToAcquireInvestments`	$285.60M	USD	2 Qtrs
Purchase of investments	`PaymentsToAcquireInvestments`	$1.14B	USD	2 Qtrs
Proceeds from sale of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$910.00M	USD	2 Qtrs
Proceeds from sale of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$255.56M	USD	2 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$1.47M	USD	2 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$2.93M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-255.47M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-413.97M	USD	2 Qtrs
Borrowings under Revolving Credit Facility	`ProceedsFromLongTermLinesOfCredit`	$515.00M	USD	2 Qtrs
Borrowings under Revolving Credit Facility	`ProceedsFromLongTermLinesOfCredit`	$90.00M	USD	2 Qtrs
Repayments under Revolving Credit Facility	`RepaymentsOfLongTermLinesOfCredit`	$335.00M	USD	2 Qtrs
Repayments under Revolving Credit Facility	`RepaymentsOfLongTermLinesOfCredit`	$1.00B	USD	2 Qtrs
Proceeds from issuance of Senior Notes, net of fees	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$1.48B	USD	2 Qtrs
Repayment of Senior Notes	`RepaymentsOfSeniorDebt`	$759.14M	USD	2 Qtrs
Proceeds from employee stock purchase/stock option plans, net of taxes	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$87.92M	USD	2 Qtrs
Proceeds from employee stock purchase/stock option plans, net of taxes	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$37.32M	USD	2 Qtrs
Repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$94.57M	USD	2 Qtrs
Repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$203.33M	USD	2 Qtrs
Payment of dividends on common stock	`PaymentsOfDividends`	$104.17M	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-13.00M	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-12.81M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-264.46M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-52.12M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.34M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-15.81M	USD	2 Qtrs
NET CHANGE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$110.52M	USD	2 Qtrs
NET CHANGE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-51.49M	USD	2 Qtrs
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$178.30M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$141.12M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$251.64M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$126.81M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$178.30M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$141.12M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$251.64M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$126.81M	USD	Point-in-time
Interest	`InterestPaidNet`	$195.67M	USD	2 Qtrs
Interest	`InterestPaidNet`	$191.93M	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	$8.94M	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	$11.78M	USD	2 Qtrs
Right-of-use assets obtained in exchange for new operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$12.27M	USD	2 Qtrs
Right-of-use assets obtained in exchange for new operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$27.23M	USD	2 Qtrs
Operating lease modifications and reassessments	`OperatingLeaseModificationsAndReassessments`	$-52.64M	USD	2 Qtrs
Operating lease modifications and reassessments	`OperatingLeaseModificationsAndReassessments`	$20.50M	USD	2 Qtrs
Right-of-use assets obtained in exchange for new finance lease liabilities	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	$1.68M	USD	2 Qtrs
Right-of-use assets obtained in exchange for new finance lease liabilities	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	$893.00K	USD	2 Qtrs
Common stock issued in connection with acquisitions	`NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationSharesIssued1`	1.68M	shares	2 Qtrs

Stockholders Equity 44 line items

Line Item	Tag	Value	Unit	Period
BALANCE	`StockholdersEquity`	$-4.32B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-3.34B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-3.30B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-3.67B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-4.30B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-3.38B	USD	Point-in-time
BALANCE, Shares	`CommonStockSharesOutstanding`	111.92M	shares	Point-in-time
BALANCE, Shares	`CommonStockSharesOutstanding`	111.78M	shares	Point-in-time
Net income (loss) attributable to SBA Communications Corporation	`NetIncomeLoss`	$57.96M	USD	2 Qtrs
Net income (loss) attributable to SBA Communications Corporation	`NetIncomeLoss`	$31.97M	USD	1 Quarter
Net income (loss) attributable to SBA Communications Corporation	`NetIncomeLoss`	$-104.25M	USD	2 Qtrs
Net income (loss) attributable to SBA Communications Corporation	`NetIncomeLoss`	$22.81M	USD	1 Quarter
Common stock issued in connection with equity awards and stock purchase plans, offset by the impact of net share settlements	`StockIssuedDuringPeriodValueShareBasedCompensation`	$24.45M	USD	1 Quarter
Common stock issued in connection with equity awards and stock purchase plans, offset by the impact of net share settlements	`StockIssuedDuringPeriodValueShareBasedCompensation`	$87.92M	USD	2 Qtrs
Common stock issued in connection with equity awards and stock purchase plans, offset by the impact of net share settlements	`StockIssuedDuringPeriodValueShareBasedCompensation`	$42.94M	USD	1 Quarter
Common stock issued in connection with equity awards and stock purchase plans, offset by the impact of net share settlements	`StockIssuedDuringPeriodValueShareBasedCompensation`	$37.32M	USD	2 Qtrs
Non-cash stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$24.75M	USD	1 Quarter
Non-cash stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$48.47M	USD	2 Qtrs
Non-cash stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$35.65M	USD	2 Qtrs
Non-cash stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$18.99M	USD	1 Quarter
Common stock issued in connection with acquisitions	`StockIssuedDuringPeriodValueAcquisitions`	$1.68M	USD	2 Qtrs
Unrealized loss on interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-12.68M	USD	1 Quarter
Unrealized loss on interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-115.92M	USD	2 Qtrs
Unrealized loss on interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-51.59M	USD	2 Qtrs
Unrealized loss on interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-36.28M	USD	1 Quarter
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$94.57M	USD	1 Quarter
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$94.57M	USD	2 Qtrs
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$203.33M	USD	2 Qtrs
Foreign currency translation adjustments attributable to SBA Communications Corporation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-8.35M	USD	1 Quarter
Foreign currency translation adjustments attributable to SBA Communications Corporation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$13.12M	USD	1 Quarter
Foreign currency translation adjustments attributable to SBA Communications Corporation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$8.58M	USD	2 Qtrs
Foreign currency translation adjustments attributable to SBA Communications Corporation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-183.19M	USD	2 Qtrs
Dividends on common stock	`Dividends`	$104.39M	USD	2 Qtrs
Dividends on common stock	`Dividends`	$52.08M	USD	1 Quarter
Adjustment to fair value related to noncontrolling interests	`AdjustmentsToAdditionalPaidInCapitalOther`	$614.00K	USD	1 Quarter
Adjustment to fair value related to noncontrolling interests	`AdjustmentsToAdditionalPaidInCapitalOther`	$130.00K	USD	2 Qtrs
BALANCE	`StockholdersEquity`	$-4.32B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-3.34B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-3.30B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-3.67B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-4.30B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-3.38B	USD	Point-in-time
BALANCE, Shares	`CommonStockSharesOutstanding`	111.92M	shares	Point-in-time
BALANCE, Shares	`CommonStockSharesOutstanding`	111.78M	shares	Point-in-time

Comprehensive Income 22 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$23.12M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-104.82M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$31.97M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$57.96M	USD	2 Qtrs
Unrealized loss on interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-12.68M	USD	1 Quarter
Unrealized loss on interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-115.92M	USD	2 Qtrs
Unrealized loss on interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-51.59M	USD	2 Qtrs
Unrealized loss on interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-36.28M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$13.12M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-184.19M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-8.17M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$8.58M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$14.95M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.27M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-404.93M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$8.81M	USD	1 Quarter
Comprehensive (income) loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$485.00K	USD	1 Quarter
Comprehensive (income) loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-1.57M	USD	2 Qtrs
Comprehensive income (loss) attributable to SBA Communications Corporation	`ComprehensiveIncomeNetOfTax`	$8.81M	USD	1 Quarter
Comprehensive income (loss) attributable to SBA Communications Corporation	`ComprehensiveIncomeNetOfTax`	$1.78M	USD	1 Quarter
Comprehensive income (loss) attributable to SBA Communications Corporation	`ComprehensiveIncomeNetOfTax`	$-403.36M	USD	2 Qtrs
Comprehensive income (loss) attributable to SBA Communications Corporation	`ComprehensiveIncomeNetOfTax`	$14.95M	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.