10-Q Filing

SBA COMMUNICATIONS CORP CIK: 1034054 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0001034054-21-000011`
Period End Date	20210930
Filing Date	20211105
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	sbac-20210930x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 107 Cash Flow Statement 95 Stockholders Equity 47 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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$187.81M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$308.56M	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
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$31.67M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$63.74M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	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, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$76.08M	USD	Point-in-time
Costs and estimated earnings in excess of billings on uncompleted contracts	`ContractWithCustomerAssetNetCurrent`	$40.86M	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`	$34.80M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$35.31M	USD	Point-in-time
Common stock - Class A, shares issued	`CommonStockSharesIssued`	109.48M	shares	Point-in-time
Common stock - Class A, shares issued	`CommonStockSharesIssued`	109.82M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$23.88M	USD	Point-in-time
Common stock - Class A, shares outstanding	`CommonStockSharesOutstanding`	109.48M	shares	Point-in-time
Common stock - Class A, shares outstanding	`CommonStockSharesOutstanding`	109.82M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$403.79M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$472.99M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.58B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.68B	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$3.16B	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$2.91B	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$2.30B	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$2.37B	USD	Point-in-time
Acquired and other right-of-use assets, net	`AcquiredAndOtherRightOfUseAssetsNet`	$965.78M	USD	Point-in-time
Acquired and other right-of-use assets, net	`AcquiredAndOtherRightOfUseAssetsNet`	$4.20M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$514.02M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$477.99M	USD	Point-in-time
Total assets	`Assets`	$9.67B	USD	Point-in-time
Total assets	`Assets`	$9.16B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$109.97M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$34.79M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$63.03M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$69.97M	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`	$184.34M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$113.12M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$26.48M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$54.35M	USD	Point-in-time
Current lease liabilities	`LeaseLiabilityCurrent`	$236.04M	USD	Point-in-time
Current lease liabilities	`LeaseLiabilityCurrent`	$238.71M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$13.74M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$14.30M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$614.80M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$592.02M	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$11.07B	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$11.82B	USD	Point-in-time
Long-term lease liabilities	`LeaseLiabilityNoncurrent`	$2.09B	USD	Point-in-time
Long-term lease liabilities	`LeaseLiabilityNoncurrent`	$2.01B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$183.55M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$186.25M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$14.02B	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$13.35B	USD	Point-in-time
Redeemable noncontrolling interests	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$15.19M	USD	Point-in-time
Redeemable noncontrolling interests	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$15.18M	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, 109,480 shares and 109,819 shares issued and outstanding at September 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, 109,480 shares and 109,819 shares issued and outstanding at September 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$1.09M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.59B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.71B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-6.60B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-6.89B	USD	Point-in-time
Accumulated other comprehensive loss, net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-807.58M	USD	Point-in-time
Accumulated other comprehensive loss, net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-780.51M	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-4.96B	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-4.84B	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-4.30B	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-4.82B	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 liabilities, redeemable noncontrolling interests, and shareholders' deficit	`LiabilitiesAndStockholdersEquity`	$9.67B	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`	$535.49M	USD	1 Quarter
Site leasing	`OperatingLeaseLeaseIncome`	$1.46B	USD	3 Qtrs
Site leasing	`OperatingLeaseLeaseIncome`	$486.76M	USD	1 Quarter
Site leasing	`OperatingLeaseLeaseIncome`	$1.56B	USD	3 Qtrs
Site development	`RevenueFromContractWithCustomerExcludingAssessedTax`	$148.88M	USD	3 Qtrs
Site development	`RevenueFromContractWithCustomerExcludingAssessedTax`	$53.81M	USD	1 Quarter
Site development	`RevenueFromContractWithCustomerExcludingAssessedTax`	$36.17M	USD	1 Quarter
Site development	`RevenueFromContractWithCustomerExcludingAssessedTax`	$85.71M	USD	3 Qtrs
Total revenues	`Revenues`	$522.94M	USD	1 Quarter
Total revenues	`Revenues`	$1.55B	USD	3 Qtrs
Total revenues	`Revenues`	$1.71B	USD	3 Qtrs
Total revenues	`Revenues`	$589.30M	USD	1 Quarter
Non-cash compensation expense	`ShareBasedCompensation`	$51.91M	USD	3 Qtrs
Non-cash compensation expense	`ShareBasedCompensation`	$59.17M	USD	3 Qtrs
Cost of site leasing	`CostOfGoodsSoldDirectOperatingLease`	$98.67M	USD	1 Quarter
Cost of site leasing	`CostOfGoodsSoldDirectOperatingLease`	$92.72M	USD	1 Quarter
Cost of site leasing	`CostOfGoodsSoldDirectOperatingLease`	$280.12M	USD	3 Qtrs
Cost of site leasing	`CostOfGoodsSoldDirectOperatingLease`	$289.51M	USD	3 Qtrs
Cost of site development	`CostOfGoodsAndServicesSold`	$68.42M	USD	3 Qtrs
Cost of site development	`CostOfGoodsAndServicesSold`	$116.17M	USD	3 Qtrs
Cost of site development	`CostOfGoodsAndServicesSold`	$41.36M	USD	1 Quarter
Cost of site development	`CostOfGoodsAndServicesSold`	$28.80M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$146.86M	USD	3 Qtrs
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$48.15M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$51.00M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$156.55M	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`	$17.52M	USD	3 Qtrs
Acquisition and new business initiatives related adjustments and expenses	`BusinessCombinationAcquisitionRelatedCostsAndAdjusments`	$5.73M	USD	1 Quarter
Acquisition and new business initiatives related adjustments and expenses	`BusinessCombinationAcquisitionRelatedCostsAndAdjusments`	$4.12M	USD	1 Quarter
Asset impairment and decommission costs	`AssetImpairmentAndDecommissionCosts`	$18.56M	USD	3 Qtrs
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`	$9.86M	USD	1 Quarter
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$530.27M	USD	3 Qtrs
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$541.59M	USD	3 Qtrs
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$170.92M	USD	1 Quarter
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$180.30M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$1.08B	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$377.53M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$362.60M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$1.13B	USD	3 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$211.78M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$585.12M	USD	3 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$468.59M	USD	3 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$160.34M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$756.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$2.12M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$945.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$2.34M	USD	3 Qtrs
Interest expense	`InvestmentIncomeInvestmentExpense`	$89.79M	USD	1 Quarter
Interest expense	`InvestmentIncomeInvestmentExpense`	$269.84M	USD	3 Qtrs
Interest expense	`InvestmentIncomeInvestmentExpense`	$281.33M	USD	3 Qtrs
Interest expense	`InvestmentIncomeInvestmentExpense`	$89.20M	USD	1 Quarter
Non-cash interest expense	`PaidInKindInterest`	$8.32M	USD	1 Quarter
Non-cash interest expense	`PaidInKindInterest`	$11.82M	USD	1 Quarter
Non-cash interest expense	`PaidInKindInterest`	$13.07M	USD	3 Qtrs
Non-cash interest expense	`PaidInKindInterest`	$35.44M	USD	3 Qtrs
Amortization of deferred financing fees	`AmortizationOfFinancingCosts`	$4.93M	USD	1 Quarter
Amortization of deferred financing fees	`AmortizationOfFinancingCosts`	$4.88M	USD	1 Quarter
Amortization of deferred financing fees	`AmortizationOfFinancingCosts`	$15.21M	USD	3 Qtrs
Amortization of deferred financing fees	`AmortizationOfFinancingCosts`	$14.69M	USD	3 Qtrs
Loss from extinguishment of debt, net	`GainLossOnExtinguishmentOfDebtIncludingInterestExpense`	$-2.60M	USD	1 Quarter
Loss from extinguishment of debt, net	`GainLossOnExtinguishmentOfDebtIncludingInterestExpense`	$-13.67M	USD	3 Qtrs
Loss from extinguishment of debt, net	`GainLossOnExtinguishmentOfDebtIncludingInterestExpense`	$-19.46M	USD	3 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-69.80M	USD	1 Quarter
Other expense, net	`OtherNonoperatingIncomeExpense`	$-49.39M	USD	3 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-300.14M	USD	3 Qtrs
Other expense, net	`OtherNonoperatingIncomeExpense`	$-42.26M	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-380.90M	USD	3 Qtrs
Total other expense, net	`NonoperatingIncomeExpense`	$-147.10M	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-174.81M	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-626.87M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$13.23M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$204.21M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$36.96M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-158.28M	USD	3 Qtrs
Benefit (provision) for income taxes	`IncomeTaxExpenseBenefit`	$-10.83M	USD	1 Quarter
Benefit (provision) for income taxes	`IncomeTaxExpenseBenefit`	$15.49M	USD	3 Qtrs
Benefit (provision) for income taxes	`IncomeTaxExpenseBenefit`	$-9.44M	USD	1 Quarter
Benefit (provision) for income taxes	`IncomeTaxExpenseBenefit`	$-76.14M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-82.14M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$22.68M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$47.80M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$188.72M	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`	$22.57M	USD	1 Quarter
Net income (loss) attributable to SBA Communications Corporation	`NetIncomeLoss`	$188.72M	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`	$47.80M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.73	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$1.72	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.44	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.20	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.70	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.20	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-0.73	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.43	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	111.81M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	109.49M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	111.78M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	109.58M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	111.33M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	113.70M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	111.81M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	111.56M	shares	1 Quarter

Cash Flow Statement 95 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`	$47.80M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$188.72M	USD	3 Qtrs
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$530.27M	USD	3 Qtrs
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$541.59M	USD	3 Qtrs
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$170.92M	USD	1 Quarter
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$180.30M	USD	1 Quarter
Loss on remeasurement of U.S. dollar denominated intercompany loans	`ForeignCurrencyTransactionGainLossBeforeTax`	$-42.58M	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`	$59.17M	USD	3 Qtrs
Non-cash asset impairment and decommission costs	`NoncashAssetImpairmentAndDecommissionCosts`	$17.93M	USD	3 Qtrs
Non-cash asset impairment and decommission costs	`NoncashAssetImpairmentAndDecommissionCosts`	$28.68M	USD	3 Qtrs
Loss from extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-12.67M	USD	3 Qtrs
Loss from extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-19.46M	USD	3 Qtrs
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-93.10M	USD	3 Qtrs
Deferred income tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-2.71M	USD	3 Qtrs
Other non-cash items reflected in the Statements of Operations	`OtherNoncashIncomeExpense`	$-58.73M	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`	$6.37M	USD	3 Qtrs
Accounts receivable and costs and estimated earnings in excess of billings on uncompleted contracts, net	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-48.27M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.57M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$25.59M	USD	3 Qtrs
Operating lease right-of-use assets, net	`IncreaseDecreaseInOperatingLeaseRightOfUseAsset`	$88.47M	USD	3 Qtrs
Operating lease right-of-use assets, net	`IncreaseDecreaseInOperatingLeaseRightOfUseAsset`	$86.72M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$8.46M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$5.67M	USD	3 Qtrs
Accrued interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$27.87M	USD	3 Qtrs
Accrued interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$17.01M	USD	3 Qtrs
Long-term lease liabilities	`IncreaseDecreaseInLongTermLeaseLiability`	$-83.89M	USD	3 Qtrs
Long-term lease liabilities	`IncreaseDecreaseInLongTermLeaseLiability`	$-75.20M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$32.50M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$40.26M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$882.91M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$891.33M	USD	3 Qtrs
Acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.19B	USD	3 Qtrs
Acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$199.90M	USD	3 Qtrs
Acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$80.86M	USD	1 Quarter
Acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$57.90M	USD	1 Quarter
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$90.41M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$95.37M	USD	3 Qtrs
Purchase of investments	`PaymentsToAcquireInvestments`	$755.53M	USD	3 Qtrs
Purchase of investments	`PaymentsToAcquireInvestments`	$1.29B	USD	3 Qtrs
Proceeds from sale of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$755.28M	USD	3 Qtrs
Proceeds from sale of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$1.24B	USD	3 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-589.00K	USD	3 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$4.84M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-353.38M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.28B	USD	3 Qtrs
Borrowings under Revolving Credit Facility	`ProceedsFromLongTermLinesOfCredit`	$515.00M	USD	3 Qtrs
Borrowings under Revolving Credit Facility	`ProceedsFromLongTermLinesOfCredit`	$810.00M	USD	3 Qtrs
Repayments under Revolving Credit Facility	`RepaymentsOfLongTermLinesOfCredit`	$1.19B	USD	3 Qtrs
Repayments under Revolving Credit Facility	`RepaymentsOfLongTermLinesOfCredit`	$1.00B	USD	3 Qtrs
Proceeds from issuance of Senior Notes, net of fees	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$1.49B	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
Repayment of Senior Notes	`RepaymentsOfSeniorDebt`	$757.50M	USD	3 Qtrs
Proceeds from issuance of Tower Securities, net of fees	`ProceedsFromIssuanceOfSecuredDebt`	$1.34B	USD	3 Qtrs
Proceeds from issuance of Tower Securities, net of fees	`ProceedsFromIssuanceOfSecuredDebt`	$1.15B	USD	3 Qtrs
Repayment of Tower Securities	`RepaymentsOfSecuredDebt`	$1.20B	USD	3 Qtrs
Repayment of Tower Securities	`RepaymentsOfSecuredDebt`	$760.00M	USD	3 Qtrs
Repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$378.99M	USD	3 Qtrs
Repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$284.34M	USD	3 Qtrs
Payment of dividends on common stock	`PaymentsOfDividends`	$156.20M	USD	3 Qtrs
Payment of dividends on common stock	`PaymentsOfDividends`	$190.46M	USD	3 Qtrs
Proceeds from employee stock purchase/stock option plans, net of taxes	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$64.13M	USD	3 Qtrs
Proceeds from employee stock purchase/stock option plans, net of taxes	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$50.28M	USD	3 Qtrs
Termination of interest rate swap	`PaymentsForDerivativeInstrumentFinancingActivities`	$176.20M	USD	3 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-19.53M	USD	3 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-21.16M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$308.61M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-314.25M	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-10.53M	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`	$-88.41M	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`	$342.81M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$141.12M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$254.40M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$335.97M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$342.81M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$141.12M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$254.40M	USD	Point-in-time
Interest	`InterestPaidNet`	$298.14M	USD	3 Qtrs
Interest	`InterestPaidNet`	$298.59M	USD	3 Qtrs
Income taxes	`IncomeTaxesPaid`	$20.15M	USD	3 Qtrs
Income taxes	`IncomeTaxesPaid`	$14.06M	USD	3 Qtrs
Right-of-use assets obtained in exchange for new operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$27.69M	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`	$21.83M	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`	$1.76M	USD	3 Qtrs
Right-of-use assets obtained in exchange for new finance lease liabilities	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	$893.00K	USD	3 Qtrs

Stockholders Equity 47 line items

Line Item	Tag	Value	Unit	Period
BALANCE	`StockholdersEquity`	$-4.96B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-4.84B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-4.30B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-4.82B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-4.49B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-3.67B	USD	Point-in-time
BALANCE, Shares	`CommonStockSharesOutstanding`	109.48M	shares	Point-in-time
BALANCE, Shares	`CommonStockSharesOutstanding`	109.82M	shares	Point-in-time
Net income (loss) attributable to SBA Communications Corporation	`NetIncomeLoss`	$22.57M	USD	1 Quarter
Net income (loss) attributable to SBA Communications Corporation	`NetIncomeLoss`	$188.72M	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`	$47.80M	USD	1 Quarter
Common stock issued in connection with equity awards and stock purchase plans, offset by the impact of net share settlements	`StockIssuedDuringPeriodValueShareBasedCompensation`	$36.99M	USD	1 Quarter
Common stock issued in connection with equity awards and stock purchase plans, offset by the impact of net share settlements	`StockIssuedDuringPeriodValueShareBasedCompensation`	$12.81M	USD	1 Quarter
Common stock issued in connection with equity awards and stock purchase plans, offset by the impact of net share settlements	`StockIssuedDuringPeriodValueShareBasedCompensation`	$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`	$64.10M	USD	3 Qtrs
Non-cash stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$17.39M	USD	1 Quarter
Non-cash stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$53.04M	USD	3 Qtrs
Non-cash stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$60.20M	USD	3 Qtrs
Non-cash stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$17.41M	USD	1 Quarter
Adjustments related to interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$9.90M	USD	1 Quarter
Adjustments related to interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-114.37M	USD	3 Qtrs
Adjustments related to interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$1.56M	USD	1 Quarter
Adjustments related to interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$58.25M	USD	3 Qtrs
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$284.34M	USD	3 Qtrs
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$175.66M	USD	1 Quarter
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$378.99M	USD	3 Qtrs
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$115.42M	USD	1 Quarter
Foreign currency translation adjustments attributable to SBA Communications Corporation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-31.18M	USD	3 Qtrs
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`	$-190.48M	USD	3 Qtrs
Foreign currency translation adjustments attributable to SBA Communications Corporation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-51.41M	USD	1 Quarter
Dividends and dividend equivalents on common stock	`Dividends`	$156.53M	USD	3 Qtrs
Dividends and dividend equivalents on common stock	`Dividends`	$191.18M	USD	3 Qtrs
Dividends and dividend equivalents on common stock	`Dividends`	$63.82M	USD	1 Quarter
Dividends and dividend equivalents on common stock	`Dividends`	$52.14M	USD	1 Quarter
Adjustment to fair value related to noncontrolling interests	`AdjustmentsToAdditionalPaidInCapitalOther`	$-641.00K	USD	1 Quarter
Adjustment to fair value related to noncontrolling interests	`AdjustmentsToAdditionalPaidInCapitalOther`	$1.52M	USD	3 Qtrs
Adjustment to fair value related to noncontrolling interests	`AdjustmentsToAdditionalPaidInCapitalOther`	$-511.00K	USD	3 Qtrs
BALANCE	`StockholdersEquity`	$-4.96B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-4.84B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-4.30B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-4.82B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-4.49B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-3.67B	USD	Point-in-time
BALANCE, Shares	`CommonStockSharesOutstanding`	109.48M	shares	Point-in-time
BALANCE, Shares	`CommonStockSharesOutstanding`	109.82M	shares	Point-in-time

Comprehensive Income 22 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`	$47.80M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$188.72M	USD	3 Qtrs
Adjustments related to interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$9.90M	USD	1 Quarter
Adjustments related to interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-114.37M	USD	3 Qtrs
Adjustments related to interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$1.56M	USD	1 Quarter
Adjustments related to interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$58.25M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-31.18M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-191.39M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-51.41M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-7.20M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$6.28M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$215.79M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-387.89M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$17.04M	USD	1 Quarter
Comprehensive (income) loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-1.37M	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`	$-386.52M	USD	3 Qtrs
Comprehensive income (loss) attributable to SBA Communications Corporation	`ComprehensiveIncomeNetOfTax`	$16.83M	USD	1 Quarter
Comprehensive income (loss) attributable to SBA Communications Corporation	`ComprehensiveIncomeNetOfTax`	$215.79M	USD	3 Qtrs
Comprehensive income (loss) attributable to SBA Communications Corporation	`ComprehensiveIncomeNetOfTax`	$6.28M	USD	1 Quarter

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