10-Q Filing

SBA COMMUNICATIONS CORP CIK: 1034054 Q3 2020

Filing Information

Form Type	10-Q
Accession Number	`0001034054-20-000010`
Period End Date	20200930
Filing Date	20201105
Fiscal Year	2020
Fiscal Period	Q3
XBRL Instance	c054-20200930x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 110 Cash Flow Statement 95 Stockholders Equity 48 Comprehensive Income 24

Balance Sheet 84 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
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$271.87M	USD	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 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`	$61.57M	USD	Point-in-time
Common stock - Class A, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$68.04M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$132.12M	USD	Point-in-time
Common stock - Class A, par value	`CommonStockParOrStatedValuePerShare`	$0.01	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`	$27.11M	USD	Point-in-time
Costs and estimated earnings in excess of billings on uncompleted contracts	`ContractWithCustomerAssetNetCurrent`	$26.31M	USD	Point-in-time
Common stock - Class A, shares authorized	`CommonStockSharesAuthorized`	3.40M	shares	Point-in-time
Common stock - Class A, shares issued	`CommonStockSharesIssued`	111.78M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$29.99M	USD	Point-in-time
Common stock - Class A, shares issued	`CommonStockSharesIssued`	111.44M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$37.28M	USD	Point-in-time
Common stock - Class A, shares outstanding	`CommonStockSharesOutstanding`	111.44M	shares	Point-in-time
Common stock - Class A, shares outstanding	`CommonStockSharesOutstanding`	111.78M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$334.27M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$458.59M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.79B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.67B	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$3.06B	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`	$2.34B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$504.55M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$432.08M	USD	Point-in-time
Total assets	`Assets`	$9.76B	USD	Point-in-time
Total assets	`Assets`	$9.03B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$29.23M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$31.85M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$62.52M	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`	$113.51M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$155.80M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$33.88M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$49.27M	USD	Point-in-time
Current lease liabilities	`LeaseLiabilityCurrent`	$229.18M	USD	Point-in-time
Current lease liabilities	`LeaseLiabilityCurrent`	$247.01M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$16.95M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$16.63M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$551.25M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.05B	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$9.81B	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$10.69B	USD	Point-in-time
Long-term lease liabilities	`LeaseLiabilityNoncurrent`	$2.08B	USD	Point-in-time
Long-term lease liabilities	`LeaseLiabilityNoncurrent`	$2.28B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$270.87M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$181.01M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$12.36B	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$12.95B	USD	Point-in-time
Redeemable noncontrolling interests	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$16.05M	USD	Point-in-time
Redeemable noncontrolling interests	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$14.35M	USD	Point-in-time
Redeemable noncontrolling interests	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$15.19M	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, 111,443 shares and 111,775 shares issued and outstanding at September 30, 2020 and December 31, 2019, respectively	`CommonStockValue`	$1.11M	USD	Point-in-time
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, respectively	`CommonStockValue`	$1.12M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.56B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.46B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-6.18B	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`	$-873.61M	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-4.30B	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-4.49B	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-3.67B	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-3.34B	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-3.38B	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-3.56B	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`	$9.03B	USD	Point-in-time

Income Statement 110 line items

Line Item	Tag	Value	Unit	Period
Site leasing	`OperatingLeaseLeaseIncome`	$486.76M	USD	1 Quarter
Site leasing	`OperatingLeaseLeaseIncome`	$1.38B	USD	3 Qtrs
Site leasing	`OperatingLeaseLeaseIncome`	$1.46B	USD	3 Qtrs
Site leasing	`OperatingLeaseLeaseIncome`	$468.57M	USD	1 Quarter
Site development	`RevenueFromContractWithCustomerExcludingAssessedTax`	$85.71M	USD	3 Qtrs
Site development	`RevenueFromContractWithCustomerExcludingAssessedTax`	$38.98M	USD	1 Quarter
Site development	`RevenueFromContractWithCustomerExcludingAssessedTax`	$36.17M	USD	1 Quarter
Site development	`RevenueFromContractWithCustomerExcludingAssessedTax`	$121.23M	USD	3 Qtrs
Total revenues	`Revenues`	$507.55M	USD	1 Quarter
Total revenues	`Revenues`	$522.94M	USD	1 Quarter
Total revenues	`Revenues`	$1.50B	USD	3 Qtrs
Total revenues	`Revenues`	$1.55B	USD	3 Qtrs
Non-cash compensation expense	`ShareBasedCompensation`	$51.91M	USD	3 Qtrs
Non-cash compensation expense	`ShareBasedCompensation`	$60.63M	USD	3 Qtrs
Cost of site leasing	`CostOfGoodsSoldDirectOperatingLease`	$92.99M	USD	1 Quarter
Cost of site leasing	`CostOfGoodsSoldDirectOperatingLease`	$280.12M	USD	3 Qtrs
Cost of site leasing	`CostOfGoodsSoldDirectOperatingLease`	$279.17M	USD	3 Qtrs
Cost of site leasing	`CostOfGoodsSoldDirectOperatingLease`	$92.72M	USD	1 Quarter
Cost of site development	`CostOfGoodsAndServicesSold`	$28.80M	USD	1 Quarter
Cost of site development	`CostOfGoodsAndServicesSold`	$68.42M	USD	3 Qtrs
Cost of site development	`CostOfGoodsAndServicesSold`	$30.52M	USD	1 Quarter
Cost of site development	`CostOfGoodsAndServicesSold`	$92.61M	USD	3 Qtrs
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$48.15M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$42.27M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$148.75M	USD	3 Qtrs
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$146.86M	USD	3 Qtrs
Acquisition and new business initiatives related adjustments and expenses	`BusinessCombinationAcquisitionRelatedCostsAndAdjusments`	$12.56M	USD	3 Qtrs
Acquisition and new business initiatives related adjustments and expenses	`BusinessCombinationAcquisitionRelatedCostsAndAdjusments`	$9.67M	USD	3 Qtrs
Acquisition and new business initiatives related adjustments and expenses	`BusinessCombinationAcquisitionRelatedCostsAndAdjusments`	$4.12M	USD	1 Quarter
Acquisition and new business initiatives related adjustments and expenses	`BusinessCombinationAcquisitionRelatedCostsAndAdjusments`	$4.69M	USD	1 Quarter
Asset impairment and decommission costs	`AssetImpairmentAndDecommissionCosts`	$8.24M	USD	1 Quarter
Asset impairment and decommission costs	`AssetImpairmentAndDecommissionCosts`	$8.51M	USD	1 Quarter
Asset impairment and decommission costs	`AssetImpairmentAndDecommissionCosts`	$29.10M	USD	3 Qtrs
Asset impairment and decommission costs	`AssetImpairmentAndDecommissionCosts`	$23.63M	USD	3 Qtrs
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$180.30M	USD	1 Quarter
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$174.99M	USD	1 Quarter
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$517.59M	USD	3 Qtrs
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$541.59M	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$353.70M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$362.60M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$1.08B	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$1.07B	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$153.85M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$429.57M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$160.34M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$468.59M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$756.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$2.34M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$4.69M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$1.31M	USD	1 Quarter
Interest expense	`InvestmentIncomeInvestmentExpense`	$89.79M	USD	1 Quarter
Interest expense	`InvestmentIncomeInvestmentExpense`	$281.33M	USD	3 Qtrs
Interest expense	`InvestmentIncomeInvestmentExpense`	$292.68M	USD	3 Qtrs
Interest expense	`InvestmentIncomeInvestmentExpense`	$96.57M	USD	1 Quarter
Non-cash interest expense	`PaidInKindInterest`	$13.07M	USD	3 Qtrs
Non-cash interest expense	`PaidInKindInterest`	$662.00K	USD	1 Quarter
Non-cash interest expense	`PaidInKindInterest`	$8.32M	USD	1 Quarter
Non-cash interest expense	`PaidInKindInterest`	$1.95M	USD	3 Qtrs
Amortization of deferred financing fees	`AmortizationOfFinancingCosts`	$5.16M	USD	1 Quarter
Amortization of deferred financing fees	`AmortizationOfFinancingCosts`	$15.33M	USD	3 Qtrs
Amortization of deferred financing fees	`AmortizationOfFinancingCosts`	$15.21M	USD	3 Qtrs
Amortization of deferred financing fees	`AmortizationOfFinancingCosts`	$4.88M	USD	1 Quarter
Loss from extinguishment of debt, net	`GainLossOnExtinguishmentOfDebtIncludingInterestExpense`	$-457.00K	USD	1 Quarter
Loss from extinguishment of debt, net	`GainLossOnExtinguishmentOfDebtIncludingInterestExpense`	$-19.46M	USD	3 Qtrs
Loss from extinguishment of debt, net	`GainLossOnExtinguishmentOfDebtIncludingInterestExpense`	$-457.00K	USD	3 Qtrs
Loss from extinguishment of debt, net	`GainLossOnExtinguishmentOfDebtIncludingInterestExpense`	$-2.60M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-300.14M	USD	3 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-42.26M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-33.55M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-21.30M	USD	3 Qtrs
Total other expense, net	`NonoperatingIncomeExpense`	$-147.10M	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-327.03M	USD	3 Qtrs
Total other expense, net	`NonoperatingIncomeExpense`	$-626.87M	USD	3 Qtrs
Total other expense, net	`NonoperatingIncomeExpense`	$-135.08M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$18.76M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$102.54M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-158.28M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$13.23M	USD	1 Quarter
Benefit (provision) for income taxes	`IncomeTaxExpenseBenefit`	$22.81M	USD	3 Qtrs
Benefit (provision) for income taxes	`IncomeTaxExpenseBenefit`	$-3.00M	USD	1 Quarter
Benefit (provision) for income taxes	`IncomeTaxExpenseBenefit`	$-76.14M	USD	3 Qtrs
Benefit (provision) for income taxes	`IncomeTaxExpenseBenefit`	$-9.44M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-82.14M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$22.68M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$79.73M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$21.77M	USD	1 Quarter
Net (income) loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$87.00K	USD	1 Quarter
Net (income) loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$87.00K	USD	3 Qtrs
Net (income) loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-461.00K	USD	3 Qtrs
Net (income) loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$108.00K	USD	1 Quarter
Net income (loss) attributable to SBA Communications Corporation	`NetIncomeLoss`	$-81.68M	USD	3 Qtrs
Net income (loss) attributable to SBA Communications Corporation	`NetIncomeLoss`	$79.64M	USD	3 Qtrs
Net income (loss) attributable to SBA Communications Corporation	`NetIncomeLoss`	$22.57M	USD	1 Quarter
Net income (loss) attributable to SBA Communications Corporation	`NetIncomeLoss`	$21.68M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.73	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.70	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.19	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.20	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.20	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.69	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$-0.73	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.19	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	111.81M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	113.04M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	111.78M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	112.98M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	113.70M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	114.82M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	115.18M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	111.81M	shares	3 Qtrs

Cash Flow Statement 95 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`ProfitLoss`	$-82.14M	USD	3 Qtrs
Net (loss) income	`ProfitLoss`	$22.68M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$79.73M	USD	3 Qtrs
Net (loss) income	`ProfitLoss`	$21.77M	USD	1 Quarter
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$180.30M	USD	1 Quarter
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$174.99M	USD	1 Quarter
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$517.59M	USD	3 Qtrs
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$541.59M	USD	3 Qtrs
Loss on remeasurement of U.S. dollar denominated intercompany loans	`ForeignCurrencyTransactionGainLossBeforeTax`	$-25.88M	USD	3 Qtrs
Loss on remeasurement of U.S. dollar denominated intercompany loans	`ForeignCurrencyTransactionGainLossBeforeTax`	$-299.91M	USD	3 Qtrs
Non-cash compensation expense	`ShareBasedCompensation`	$51.91M	USD	3 Qtrs
Non-cash compensation expense	`ShareBasedCompensation`	$60.63M	USD	3 Qtrs
Non-cash asset impairment and decommission costs	`NoncashAssetImpairmentAndDecommissionCosts`	$22.82M	USD	3 Qtrs
Non-cash asset impairment and decommission costs	`NoncashAssetImpairmentAndDecommissionCosts`	$28.68M	USD	3 Qtrs
Loss from extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-19.46M	USD	3 Qtrs
Loss from extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-235.00K	USD	3 Qtrs
Deferred income tax (benefit) expense	`DeferredIncomeTaxExpenseBenefit`	$-93.10M	USD	3 Qtrs
Deferred income tax (benefit) expense	`DeferredIncomeTaxExpenseBenefit`	$5.99M	USD	3 Qtrs
Other non-cash items reflected in the Statements of Operations	`OtherNoncashIncomeExpense`	$-14.60M	USD	3 Qtrs
Other non-cash items reflected in the Statements of Operations	`OtherNoncashIncomeExpense`	$-28.70M	USD	3 Qtrs
Accounts receivable and costs and estimated earnings in excess of billings on uncompleted contracts, net	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-48.27M	USD	3 Qtrs
Accounts receivable and costs and estimated earnings in excess of billings on uncompleted contracts, net	`IncreaseDecreaseInAccountsAndOtherReceivables`	$13.91M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.57M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-669.00K	USD	3 Qtrs
Operating lease right-of-use assets, net	`IncreaseDecreaseInOperatingLeaseRightOfUseAsset`	$68.52M	USD	3 Qtrs
Operating lease right-of-use assets, net	`IncreaseDecreaseInOperatingLeaseRightOfUseAsset`	$88.47M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$5.67M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-2.52M	USD	3 Qtrs
Accrued interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$17.01M	USD	3 Qtrs
Accrued interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$14.23M	USD	3 Qtrs
Long-term lease liabilities	`IncreaseDecreaseInLongTermLeaseLiability`	$-64.06M	USD	3 Qtrs
Long-term lease liabilities	`IncreaseDecreaseInLongTermLeaseLiability`	$-75.20M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$40.26M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$3.04M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$704.98M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$882.91M	USD	3 Qtrs
Acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$132.52M	USD	1 Quarter
Acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$199.90M	USD	3 Qtrs
Acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$80.86M	USD	1 Quarter
Acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$283.70M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$95.37M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$111.38M	USD	3 Qtrs
Purchase of investments	`PaymentsToAcquireInvestments`	$1.29B	USD	3 Qtrs
Purchase of investments	`PaymentsToAcquireInvestments`	$528.91M	USD	3 Qtrs
Proceeds from sale of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$515.56M	USD	3 Qtrs
Proceeds from sale of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$1.24B	USD	3 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$4.84M	USD	3 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$6.63M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-415.07M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-353.38M	USD	3 Qtrs
Borrowings under Revolving Credit Facility	`ProceedsFromLongTermLinesOfCredit`	$265.00M	USD	3 Qtrs
Borrowings under Revolving Credit Facility	`ProceedsFromLongTermLinesOfCredit`	$515.00M	USD	3 Qtrs
Repayments under Revolving Credit Facility	`RepaymentsOfLongTermLinesOfCredit`	$1.00B	USD	3 Qtrs
Repayments under Revolving Credit Facility	`RepaymentsOfLongTermLinesOfCredit`	$590.00M	USD	3 Qtrs
Proceeds from issuance of Senior Notes, net of fees	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$1.48B	USD	3 Qtrs
Repayment of Senior Notes	`RepaymentsOfSeniorDebt`	$759.14M	USD	3 Qtrs
Proceeds from issuance of Tower Securities, net of fees	`ProceedsFromIssuanceOfSecuredDebt`	$1.15B	USD	3 Qtrs
Proceeds from issuance of Tower Securities, net of fees	`ProceedsFromIssuanceOfSecuredDebt`	$1.34B	USD	3 Qtrs
Repayment of Tower Securities	`RepaymentsOfSecuredDebt`	$920.00M	USD	3 Qtrs
Repayment of Tower Securities	`RepaymentsOfSecuredDebt`	$1.20B	USD	3 Qtrs
Termination of interest rate swap	`PaymentsForDerivativeInstrumentFinancingActivities`	$176.20M	USD	3 Qtrs
Proceeds from employee stock purchase/stock option plans, net of taxes	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$112.91M	USD	3 Qtrs
Proceeds from employee stock purchase/stock option plans, net of taxes	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$50.28M	USD	3 Qtrs
Repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$267.53M	USD	3 Qtrs
Repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$378.99M	USD	3 Qtrs
Payment of dividends on common stock	`PaymentsOfDividends`	$41.87M	USD	3 Qtrs
Payment of dividends on common stock	`PaymentsOfDividends`	$156.20M	USD	3 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-19.53M	USD	3 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-19.12M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-307.58M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-314.25M	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-1.96M	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-20.43M	USD	3 Qtrs
NET CHANGE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-19.62M	USD	3 Qtrs
NET CHANGE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$194.85M	USD	3 Qtrs
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$335.97M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$158.68M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$178.30M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$141.12M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$335.97M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$158.68M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$178.30M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$141.12M	USD	Point-in-time
Interest	`InterestPaidNet`	$298.14M	USD	3 Qtrs
Interest	`InterestPaidNet`	$306.81M	USD	3 Qtrs
Income taxes	`IncomeTaxesPaid`	$14.86M	USD	3 Qtrs
Income taxes	`IncomeTaxesPaid`	$14.06M	USD	3 Qtrs
Right-of-use assets obtained in exchange for new operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$37.91M	USD	3 Qtrs
Right-of-use assets obtained in exchange for new operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$21.79M	USD	3 Qtrs
Operating lease modifications and reassessments	`OperatingLeaseModificationsAndReassessments`	$-67.79M	USD	3 Qtrs
Operating lease modifications and reassessments	`OperatingLeaseModificationsAndReassessments`	$23.81M	USD	3 Qtrs
Right-of-use assets obtained in exchange for new finance lease liabilities	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	$893.00K	USD	3 Qtrs
Right-of-use assets obtained in exchange for new finance lease liabilities	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	$1.71M	USD	3 Qtrs
Common stock issued in connection with acquisitions	`NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationSharesIssued1`	1.68M	shares	3 Qtrs
Consolidation of an equity method investment	`LiabilitiesAssumed1`	$71.99M	USD	3 Qtrs

Stockholders Equity 48 line items

Line Item	Tag	Value	Unit	Period
BALANCE	`StockholdersEquity`	$-4.30B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-4.49B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-3.67B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-3.34B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-3.38B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-3.56B	USD	Point-in-time
BALANCE, Shares	`CommonStockSharesOutstanding`	111.44M	shares	Point-in-time
BALANCE, Shares	`CommonStockSharesOutstanding`	111.78M	shares	Point-in-time
Net income (loss) attributable to SBA Communications Corporation	`NetIncomeLoss1`	$79.64M	USD	3 Qtrs
Net income (loss) attributable to SBA Communications Corporation	`NetIncomeLoss`	$-81.68M	USD	3 Qtrs
Net income (loss) attributable to SBA Communications Corporation	`NetIncomeLoss`	$79.64M	USD	3 Qtrs
Net income (loss) attributable to SBA Communications Corporation	`NetIncomeLoss`	$22.57M	USD	1 Quarter
Net income (loss) attributable to SBA Communications Corporation	`NetIncomeLoss`	$21.68M	USD	1 Quarter
Common stock issued in connection with equity awards and stock purchase plans, offset by the impact of net share settlements	`StockIssuedDuringPeriodValueShareBasedCompensation`	$50.13M	USD	3 Qtrs
Common stock issued in connection with equity awards and stock purchase plans, offset by the impact of net share settlements	`StockIssuedDuringPeriodValueShareBasedCompensation`	$24.99M	USD	1 Quarter
Common stock issued in connection with equity awards and stock purchase plans, offset by the impact of net share settlements	`StockIssuedDuringPeriodValueShareBasedCompensation`	$112.91M	USD	3 Qtrs
Common stock issued in connection with equity awards and stock purchase plans, offset by the impact of net share settlements	`StockIssuedDuringPeriodValueShareBasedCompensation`	$12.81M	USD	1 Quarter
Non-cash stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$13.00M	USD	1 Quarter
Non-cash stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$53.04M	USD	3 Qtrs
Non-cash stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$61.47M	USD	3 Qtrs
Non-cash stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$17.39M	USD	1 Quarter
Common stock issued in connection with acquisitions	`StockIssuedDuringPeriodValueAcquisitions`	$1.68M	USD	3 Qtrs
Adjustments related to interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-10.81M	USD	1 Quarter
Adjustments related to interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-62.40M	USD	3 Qtrs
Adjustments related to interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$1.56M	USD	1 Quarter
Adjustments related to interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-114.37M	USD	3 Qtrs
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$378.99M	USD	3 Qtrs
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$175.66M	USD	1 Quarter
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$172.96M	USD	1 Quarter
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$267.53M	USD	3 Qtrs
Foreign currency translation adjustments attributable to SBA Communications Corporation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-190.48M	USD	3 Qtrs
Foreign currency translation adjustments attributable to SBA Communications Corporation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-55.05M	USD	1 Quarter
Foreign currency translation adjustments attributable to SBA Communications Corporation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-7.29M	USD	1 Quarter
Foreign currency translation adjustments attributable to SBA Communications Corporation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-46.47M	USD	3 Qtrs
Dividends on common stock	`Dividends`	$156.53M	USD	3 Qtrs
Dividends on common stock	`Dividends`	$41.87M	USD	3 Qtrs
Dividends on common stock	`Dividends`	$41.87M	USD	1 Quarter
Dividends on common stock	`Dividends`	$52.14M	USD	1 Quarter
Adjustment to fair value related to noncontrolling interests	`AdjustmentsToAdditionalPaidInCapitalOther`	$-511.00K	USD	3 Qtrs
Adjustment to fair value related to noncontrolling interests	`AdjustmentsToAdditionalPaidInCapitalOther`	$-641.00K	USD	1 Quarter
BALANCE	`StockholdersEquity`	$-4.30B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-4.49B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-3.67B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-3.34B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-3.38B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-3.56B	USD	Point-in-time
BALANCE, Shares	`CommonStockSharesOutstanding`	111.44M	shares	Point-in-time
BALANCE, Shares	`CommonStockSharesOutstanding`	111.78M	shares	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$-82.14M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$22.68M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$79.73M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$21.77M	USD	1 Quarter
Adjustments related to interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-10.81M	USD	1 Quarter
Adjustments related to interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-62.40M	USD	3 Qtrs
Adjustments related to interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$1.56M	USD	1 Quarter
Adjustments related to interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-114.37M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-46.47M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-55.05M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-191.39M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-7.20M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-387.89M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$17.04M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-44.09M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-29.15M	USD	3 Qtrs
Comprehensive (income) loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$87.00K	USD	1 Quarter
Comprehensive (income) loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-1.37M	USD	3 Qtrs
Comprehensive (income) loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$87.00K	USD	3 Qtrs
Comprehensive (income) loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$204.00K	USD	1 Quarter
Comprehensive income (loss) attributable to SBA Communications Corporation	`ComprehensiveIncomeNetOfTax`	$-44.18M	USD	1 Quarter
Comprehensive income (loss) attributable to SBA Communications Corporation	`ComprehensiveIncomeNetOfTax`	$16.83M	USD	1 Quarter
Comprehensive income (loss) attributable to SBA Communications Corporation	`ComprehensiveIncomeNetOfTax`	$-386.52M	USD	3 Qtrs
Comprehensive income (loss) attributable to SBA Communications Corporation	`ComprehensiveIncomeNetOfTax`	$-29.23M	USD	3 Qtrs

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