10-Q Filing

SBA COMMUNICATIONS CORP CIK: 1034054 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001034054-21-000007`
Period End Date	20210630
Filing Date	20210805
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	sbac-20210630x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 107 Cash Flow Statement 92 Stockholders Equity 45 Comprehensive Income 22

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
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$273.80M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$308.56M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$31.67M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$62.37M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Common stock - Class A, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$85.98M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$74.09M	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
Costs and estimated earnings in excess of billings on uncompleted contracts	`ContractWithCustomerAssetNetCurrent`	$34.80M	USD	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`	$33.24M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$26.84M	USD	Point-in-time
Common stock - Class A, shares issued	`CommonStockSharesIssued`	109.82M	shares	Point-in-time
Common stock - Class A, shares issued	`CommonStockSharesIssued`	109.53M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$23.88M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$472.99M	USD	Point-in-time
Common stock - Class A, shares outstanding	`CommonStockSharesOutstanding`	109.82M	shares	Point-in-time
Common stock - Class A, shares outstanding	`CommonStockSharesOutstanding`	109.53M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$482.23M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.63B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.68B	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$3.05B	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$3.16B	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$2.37B	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$2.35B	USD	Point-in-time
Acquired and other right-of-use assets, net	`AcquiredAndOtherRightOfUseAssetsNet`	$956.01M	USD	Point-in-time
Acquired and other right-of-use assets, net	`AcquiredAndOtherRightOfUseAssetsNet`	$4.20M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$492.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$477.99M	USD	Point-in-time
Total assets	`Assets`	$9.16B	USD	Point-in-time
Total assets	`Assets`	$9.96B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$34.60M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$109.97M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$68.66M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$63.03M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$24.00M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$24.00M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$113.12M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$177.00M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$66.39M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$54.35M	USD	Point-in-time
Current lease liabilities	`LeaseLiabilityCurrent`	$242.52M	USD	Point-in-time
Current lease liabilities	`LeaseLiabilityCurrent`	$236.04M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$14.30M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$12.85M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$626.01M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$614.80M	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$11.07B	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$11.91B	USD	Point-in-time
Long-term lease liabilities	`LeaseLiabilityNoncurrent`	$2.09B	USD	Point-in-time
Long-term lease liabilities	`LeaseLiabilityNoncurrent`	$2.06B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$186.25M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$185.59M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$14.16B	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$13.35B	USD	Point-in-time
Redeemable noncontrolling interests	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$15.18M	USD	Point-in-time
Redeemable noncontrolling interests	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$15.19M	USD	Point-in-time
Preferred stock - par value $0.01, 30,000 shares authorized, no shares issued or outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock - par value $0.01, 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, 109,534 shares and 109,819 shares issued and outstanding at June 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$1.10M	USD	Point-in-time
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, respectively	`CommonStockValue`	$1.09M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.66B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.59B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-6.60B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-6.76B	USD	Point-in-time
Accumulated other comprehensive loss, net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-739.00M	USD	Point-in-time
Accumulated other comprehensive loss, net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-807.58M	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-4.84B	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`	$-5.05B	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-4.32B	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-4.82B	USD	Point-in-time
Total liabilities, redeemable noncontrolling interests, and shareholders' deficit	`LiabilitiesAndStockholdersEquity`	$9.96B	USD	Point-in-time
Total liabilities, redeemable noncontrolling interests, and shareholders' deficit	`LiabilitiesAndStockholdersEquity`	$9.16B	USD	Point-in-time

Income Statement 107 line items

Line Item	Tag	Value	Unit	Period
Site leasing	`OperatingLeaseLeaseIncome`	$524.10M	USD	1 Quarter
Site leasing	`OperatingLeaseLeaseIncome`	$1.03B	USD	2 Qtrs
Site leasing	`OperatingLeaseLeaseIncome`	$482.40M	USD	1 Quarter
Site leasing	`OperatingLeaseLeaseIncome`	$974.76M	USD	2 Qtrs
Site development	`RevenueFromContractWithCustomerExcludingAssessedTax`	$51.43M	USD	1 Quarter
Site development	`RevenueFromContractWithCustomerExcludingAssessedTax`	$95.07M	USD	2 Qtrs
Site development	`RevenueFromContractWithCustomerExcludingAssessedTax`	$24.82M	USD	1 Quarter
Site development	`RevenueFromContractWithCustomerExcludingAssessedTax`	$49.53M	USD	2 Qtrs
Total revenues	`Revenues`	$1.02B	USD	2 Qtrs
Total revenues	`Revenues`	$507.23M	USD	1 Quarter
Total revenues	`Revenues`	$1.12B	USD	2 Qtrs
Total revenues	`Revenues`	$575.53M	USD	1 Quarter
Non-cash compensation expense	`ShareBasedCompensation`	$42.07M	USD	2 Qtrs
Non-cash compensation expense	`ShareBasedCompensation`	$34.86M	USD	2 Qtrs
Cost of site leasing	`CostOfGoodsSoldDirectOperatingLease`	$187.40M	USD	2 Qtrs
Cost of site leasing	`CostOfGoodsSoldDirectOperatingLease`	$91.60M	USD	1 Quarter
Cost of site leasing	`CostOfGoodsSoldDirectOperatingLease`	$190.72M	USD	2 Qtrs
Cost of site leasing	`CostOfGoodsSoldDirectOperatingLease`	$95.35M	USD	1 Quarter
Cost of site development	`CostOfGoodsAndServicesSold`	$19.90M	USD	1 Quarter
Cost of site development	`CostOfGoodsAndServicesSold`	$39.62M	USD	2 Qtrs
Cost of site development	`CostOfGoodsAndServicesSold`	$40.41M	USD	1 Quarter
Cost of site development	`CostOfGoodsAndServicesSold`	$74.81M	USD	2 Qtrs
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$49.09M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$98.70M	USD	2 Qtrs
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$105.55M	USD	2 Qtrs
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$53.95M	USD	1 Quarter
Acquisition and new business initiatives related adjustments and expenses	`BusinessCombinationAcquisitionRelatedCostsAndAdjusments`	$8.43M	USD	2 Qtrs
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`	$6.79M	USD	1 Quarter
Acquisition and new business initiatives related adjustments and expenses	`BusinessCombinationAcquisitionRelatedCostsAndAdjusments`	$11.79M	USD	2 Qtrs
Asset impairment and decommission costs	`AssetImpairmentAndDecommissionCosts`	$6.24M	USD	1 Quarter
Asset impairment and decommission costs	`AssetImpairmentAndDecommissionCosts`	$8.70M	USD	2 Qtrs
Asset impairment and decommission costs	`AssetImpairmentAndDecommissionCosts`	$3.80M	USD	1 Quarter
Asset impairment and decommission costs	`AssetImpairmentAndDecommissionCosts`	$20.60M	USD	2 Qtrs
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$178.71M	USD	1 Quarter
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$175.47M	USD	1 Quarter
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$361.29M	USD	2 Qtrs
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$359.35M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$716.04M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$750.92M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$375.76M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$350.17M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$157.05M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$308.26M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$199.76M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$373.34M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$1.58M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$1.18M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$547.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$699.00K	USD	1 Quarter
Interest expense	`InvestmentIncomeInvestmentExpense`	$95.69M	USD	1 Quarter
Interest expense	`InvestmentIncomeInvestmentExpense`	$191.54M	USD	2 Qtrs
Interest expense	`InvestmentIncomeInvestmentExpense`	$90.54M	USD	1 Quarter
Interest expense	`InvestmentIncomeInvestmentExpense`	$180.64M	USD	2 Qtrs
Non-cash interest expense	`PaidInKindInterest`	$23.61M	USD	2 Qtrs
Non-cash interest expense	`PaidInKindInterest`	$11.81M	USD	1 Quarter
Non-cash interest expense	`PaidInKindInterest`	$2.34M	USD	1 Quarter
Non-cash interest expense	`PaidInKindInterest`	$4.74M	USD	2 Qtrs
Amortization of deferred financing fees	`AmortizationOfFinancingCosts`	$10.33M	USD	2 Qtrs
Amortization of deferred financing fees	`AmortizationOfFinancingCosts`	$9.76M	USD	2 Qtrs
Amortization of deferred financing fees	`AmortizationOfFinancingCosts`	$5.19M	USD	1 Quarter
Amortization of deferred financing fees	`AmortizationOfFinancingCosts`	$4.87M	USD	1 Quarter
Loss from extinguishment of debt, net	`GainLossOnExtinguishmentOfDebtIncludingInterestExpense`	$-16.86M	USD	2 Qtrs
Loss from extinguishment of debt, net	`GainLossOnExtinguishmentOfDebtIncludingInterestExpense`	$-13.67M	USD	2 Qtrs
Loss from extinguishment of debt, net	`GainLossOnExtinguishmentOfDebtIncludingInterestExpense`	$-2.02M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-257.88M	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$108.85M	USD	1 Quarter
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$20.41M	USD	2 Qtrs
Other income (expense), net	`OtherNonoperatingIncomeExpense`	$-31.59M	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$-206.09M	USD	2 Qtrs
Total other income (expense), net	`NonoperatingIncomeExpense`	$155.00K	USD	1 Quarter
Total other income (expense), net	`NonoperatingIncomeExpense`	$-479.77M	USD	2 Qtrs
Total other income (expense), net	`NonoperatingIncomeExpense`	$-134.10M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$167.25M	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`	$199.92M	USD	1 Quarter
(Provision) benefit for income taxes	`IncomeTaxExpenseBenefit`	$-165.00K	USD	1 Quarter
(Provision) benefit for income taxes	`IncomeTaxExpenseBenefit`	$-66.70M	USD	2 Qtrs
(Provision) benefit for income taxes	`IncomeTaxExpenseBenefit`	$26.33M	USD	2 Qtrs
(Provision) benefit for income taxes	`IncomeTaxExpenseBenefit`	$47.25M	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`	$152.67M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$140.92M	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`	$-104.25M	USD	2 Qtrs
Net income (loss) attributable to SBA Communications Corporation	`NetIncomeLoss`	$140.92M	USD	2 Qtrs
Net income (loss) attributable to SBA Communications Corporation	`NetIncomeLoss`	$152.67M	USD	1 Quarter
Net income (loss) attributable to SBA Communications Corporation	`NetIncomeLoss`	$22.81M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.93	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$1.29	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.20	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.40	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.27	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.20	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.37	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-0.93	USD	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	111.74M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	109.44M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	109.41M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	111.82M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	111.82M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	111.30M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	111.21M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	113.63M	shares	1 Quarter

Cash Flow Statement 92 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`	$152.67M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$140.92M	USD	2 Qtrs
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$178.71M	USD	1 Quarter
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$175.47M	USD	1 Quarter
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$361.29M	USD	2 Qtrs
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$359.35M	USD	2 Qtrs
(Gain) loss on remeasurement of U.S. dollar denominated intercompany loans	`ForeignCurrencyTransactionGainLossBeforeTax`	$-261.31M	USD	2 Qtrs
(Gain) loss on remeasurement of U.S. dollar denominated intercompany loans	`ForeignCurrencyTransactionGainLossBeforeTax`	$25.04M	USD	2 Qtrs
Non-cash compensation expense	`ShareBasedCompensation`	$42.07M	USD	2 Qtrs
Non-cash compensation expense	`ShareBasedCompensation`	$34.86M	USD	2 Qtrs
Non-cash asset impairment and decommission costs	`NoncashAssetImpairmentAndDecommissionCosts`	$20.16M	USD	2 Qtrs
Non-cash asset impairment and decommission costs	`NoncashAssetImpairmentAndDecommissionCosts`	$8.29M	USD	2 Qtrs
Loss from extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-16.86M	USD	2 Qtrs
Loss from extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-12.67M	USD	2 Qtrs
Deferred income tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-77.71M	USD	2 Qtrs
Deferred income tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$14.16M	USD	2 Qtrs
Other non-cash items reflected in the Statements of Operations	`OtherNoncashIncomeExpense`	$-10.34M	USD	2 Qtrs
Other non-cash items reflected in the Statements of Operations	`OtherNoncashIncomeExpense`	$-37.83M	USD	2 Qtrs
Accounts receivable and costs and estimated earnings in excess of billings on uncompleted contracts, net	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-6.58M	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`	$-1.98M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.60M	USD	2 Qtrs
Operating lease right-of-use assets, net	`IncreaseDecreaseInOperatingLeaseRightOfUseAsset`	$59.56M	USD	2 Qtrs
Operating lease right-of-use assets, net	`IncreaseDecreaseInOperatingLeaseRightOfUseAsset`	$56.99M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$3.10M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$4.09M	USD	2 Qtrs
Accrued interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-12.04M	USD	2 Qtrs
Accrued interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$474.00K	USD	2 Qtrs
Long-term lease liabilities	`IncreaseDecreaseInLongTermLeaseLiability`	$-49.83M	USD	2 Qtrs
Long-term lease liabilities	`IncreaseDecreaseInLongTermLeaseLiability`	$-54.77M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$26.69M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$20.67M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$638.28M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$592.42M	USD	2 Qtrs
Acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$119.03M	USD	2 Qtrs
Acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.13B	USD	2 Qtrs
Acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$29.50M	USD	1 Quarter
Acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$77.17M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$66.98M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$55.38M	USD	2 Qtrs
Purchase of investments	`PaymentsToAcquireInvestments`	$1.14B	USD	2 Qtrs
Purchase of investments	`PaymentsToAcquireInvestments`	$755.18M	USD	2 Qtrs
Proceeds from sale of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$910.00M	USD	2 Qtrs
Proceeds from sale of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$755.06M	USD	2 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$2.93M	USD	2 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-585.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-413.97M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.18B	USD	2 Qtrs
Borrowings under Revolving Credit Facility	`ProceedsFromLongTermLinesOfCredit`	$515.00M	USD	2 Qtrs
Borrowings under Revolving Credit Facility	`ProceedsFromLongTermLinesOfCredit`	$810.00M	USD	2 Qtrs
Repayments under Revolving Credit Facility	`RepaymentsOfLongTermLinesOfCredit`	$1.10B	USD	2 Qtrs
Repayments under Revolving Credit Facility	`RepaymentsOfLongTermLinesOfCredit`	$1.00B	USD	2 Qtrs
Proceeds from issuance of Senior Notes, net of fees	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$1.49B	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
Repayment of Senior Notes	`RepaymentsOfSeniorDebt`	$757.50M	USD	2 Qtrs
Proceeds from issuance of Tower Securities, net of fees	`ProceedsFromIssuanceOfSecuredDebt`	$1.15B	USD	2 Qtrs
Repayment of Tower Securities	`RepaymentsOfSecuredDebt`	$760.00M	USD	2 Qtrs
Repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$168.92M	USD	2 Qtrs
Repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$203.33M	USD	2 Qtrs
Payment of dividends on common stock	`PaymentsOfDividends`	$126.89M	USD	2 Qtrs
Payment of dividends on common stock	`PaymentsOfDividends`	$104.17M	USD	2 Qtrs
Proceeds from employee stock purchase/stock option plans, net of taxes	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$37.32M	USD	2 Qtrs
Proceeds from employee stock purchase/stock option plans, net of taxes	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$27.14M	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-11.57M	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-13.00M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$545.39M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-52.12M	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-2.92M	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`	$-4.00M	USD	2 Qtrs
NET CHANGE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$110.52M	USD	2 Qtrs
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$342.81M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$251.64M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$141.12M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$338.81M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$342.81M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$251.64M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$141.12M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$338.81M	USD	Point-in-time
Interest	`InterestPaidNet`	$191.93M	USD	2 Qtrs
Interest	`InterestPaidNet`	$169.51M	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	$8.94M	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	$15.77M	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`	$22.40M	USD	2 Qtrs
Operating lease modifications and reassessments	`OperatingLeaseModificationsAndReassessments`	$20.50M	USD	2 Qtrs
Operating lease modifications and reassessments	`OperatingLeaseModificationsAndReassessments`	$9.05M	USD	2 Qtrs
Right-of-use assets obtained in exchange for new finance lease liabilities	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	$893.00K	USD	2 Qtrs
Right-of-use assets obtained in exchange for new finance lease liabilities	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	$1.76M	USD	2 Qtrs

Stockholders Equity 45 line items

Line Item	Tag	Value	Unit	Period
BALANCE	`StockholdersEquity`	$-4.84B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-3.67B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-4.30B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-5.05B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-4.32B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-4.82B	USD	Point-in-time
BALANCE, Shares	`CommonStockSharesOutstanding`	109.82M	shares	Point-in-time
BALANCE, Shares	`CommonStockSharesOutstanding`	109.53M	shares	Point-in-time
Net income (loss) attributable to SBA Communications Corporation	`NetIncomeLoss`	$-104.25M	USD	2 Qtrs
Net income (loss) attributable to SBA Communications Corporation	`NetIncomeLoss`	$140.92M	USD	2 Qtrs
Net income (loss) attributable to SBA Communications Corporation	`NetIncomeLoss`	$152.67M	USD	1 Quarter
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`	$27.11M	USD	2 Qtrs
Common stock issued in connection with equity awards and stock purchase plans, offset by the impact of net share settlements	`StockIssuedDuringPeriodValueShareBasedCompensation`	$25.09M	USD	1 Quarter
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`	$35.65M	USD	2 Qtrs
Non-cash stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$42.79M	USD	2 Qtrs
Non-cash stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$18.99M	USD	1 Quarter
Non-cash stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$21.98M	USD	1 Quarter
Adjustments related to interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$5.57M	USD	1 Quarter
Adjustments related to interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-12.68M	USD	1 Quarter
Adjustments related to interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$48.35M	USD	2 Qtrs
Adjustments related to interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-115.92M	USD	2 Qtrs
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$203.33M	USD	2 Qtrs
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$168.92M	USD	2 Qtrs
Foreign currency translation adjustments attributable to SBA Communications Corporation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$20.23M	USD	2 Qtrs
Foreign currency translation adjustments attributable to SBA Communications Corporation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$63.87M	USD	1 Quarter
Foreign currency translation adjustments attributable to SBA Communications Corporation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-183.19M	USD	2 Qtrs
Foreign currency translation adjustments attributable to SBA Communications Corporation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-8.35M	USD	1 Quarter
Dividends and dividend equivalents on common stock	`Dividends`	$52.08M	USD	1 Quarter
Dividends and dividend equivalents on common stock	`Dividends`	$63.74M	USD	1 Quarter
Dividends and dividend equivalents on common stock	`Dividends`	$104.39M	USD	2 Qtrs
Dividends and dividend equivalents on common stock	`Dividends`	$127.36M	USD	2 Qtrs
Adjustment to fair value related to noncontrolling interests	`AdjustmentsToAdditionalPaidInCapitalOther`	$130.00K	USD	2 Qtrs
Adjustment to fair value related to noncontrolling interests	`AdjustmentsToAdditionalPaidInCapitalOther`	$614.00K	USD	1 Quarter
Adjustment to fair value related to noncontrolling interests	`AdjustmentsToAdditionalPaidInCapitalOther`	$1.52M	USD	2 Qtrs
BALANCE	`StockholdersEquity`	$-4.84B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-3.67B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-4.30B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-5.05B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-4.32B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-4.82B	USD	Point-in-time
BALANCE, Shares	`CommonStockSharesOutstanding`	109.82M	shares	Point-in-time
BALANCE, Shares	`CommonStockSharesOutstanding`	109.53M	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`	$152.67M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$140.92M	USD	2 Qtrs
Adjustments related to interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$5.57M	USD	1 Quarter
Adjustments related to interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-12.68M	USD	1 Quarter
Adjustments related to interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$48.35M	USD	2 Qtrs
Adjustments related to interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-115.92M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$63.87M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-184.19M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$20.23M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-8.17M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$222.10M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$209.51M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-404.93M	USD	2 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$2.27M	USD	1 Quarter
Comprehensive (income) loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-1.57M	USD	2 Qtrs
Comprehensive (income) loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$485.00K	USD	1 Quarter
Comprehensive income (loss) attributable to SBA Communications Corporation	`ComprehensiveIncomeNetOfTax`	$222.10M	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`	$1.78M	USD	1 Quarter
Comprehensive income (loss) attributable to SBA Communications Corporation	`ComprehensiveIncomeNetOfTax`	$209.51M	USD	2 Qtrs

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