10-Q Filing

SBA COMMUNICATIONS CORP CIK: 1034054 Q2 2022

Filing Information

Form Type	10-Q
Accession Number	`0001034054-22-000006`
Period End Date	20220630
Filing Date	20220804
Fiscal Year	2022
Fiscal Period	Q2
XBRL Instance	sbac-20220630x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 85 Income Statement 106 Cash Flow Statement 91 Stockholders Equity 45 Comprehensive Income 22

Balance Sheet 85 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	30.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	30.00M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$367.28M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$183.07M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$64.50M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$65.56M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	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
Common stock - Class A, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$101.95M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$115.14M	USD	Point-in-time
Costs and estimated earnings in excess of billings on uncompleted contracts	`ContractWithCustomerAssetNetCurrent`	$54.78M	USD	Point-in-time
Costs and estimated earnings in excess of billings on uncompleted contracts	`ContractWithCustomerAssetNetCurrent`	$48.84M	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
Common stock - Class A, shares issued	`CommonStockSharesIssued`	107.87M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$30.81M	USD	Point-in-time
Common stock - Class A, shares issued	`CommonStockSharesIssued`	108.96M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$77.42M	USD	Point-in-time
Common stock - Class A, shares outstanding	`CommonStockSharesOutstanding`	107.87M	shares	Point-in-time
Common stock - Class A, shares outstanding	`CommonStockSharesOutstanding`	108.96M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$494.90M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$614.45M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.68B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.58B	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$2.80B	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$2.80B	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$2.27B	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$2.36B	USD	Point-in-time
Acquired and other right-of-use assets, net	`AcquiredAndOtherRightOfUseAssetsNet`	$1.00B	USD	Point-in-time
Acquired and other right-of-use assets, net	`AcquiredAndOtherRightOfUseAssetsNet`	$964.40M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$679.83M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$575.64M	USD	Point-in-time
Total assets	`Assets`	$10.01B	USD	Point-in-time
Total assets	`Assets`	$9.80B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$41.45M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$34.07M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$85.70M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$68.07M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$662.72M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$24.00M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$199.83M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$184.38M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$50.84M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$49.10M	USD	Point-in-time
Current lease liabilities	`LeaseLiabilityCurrent`	$238.50M	USD	Point-in-time
Current lease liabilities	`LeaseLiabilityCurrent`	$256.57M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$18.22M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$21.09M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.32B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$616.33M	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$12.28B	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$11.82B	USD	Point-in-time
Long-term lease liabilities	`LeaseLiabilityNoncurrent`	$2.05B	USD	Point-in-time
Long-term lease liabilities	`LeaseLiabilityNoncurrent`	$1.98B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$191.47M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$227.58M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$14.09B	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$14.45B	USD	Point-in-time
Redeemable noncontrolling interests	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$17.25M	USD	Point-in-time
Redeemable noncontrolling interests	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$15.19M	USD	Point-in-time
Redeemable noncontrolling interests	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$39.88M	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, 107,872 shares and 108,956 shares issued and outstanding at June 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$1.09M	USD	Point-in-time
Common stock - Class A, par value $0.01, 400,000 shares authorized, 107,872 shares and 108,956 shares issued and outstanding at June 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$1.08M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.68B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.72B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-7.20B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-7.53B	USD	Point-in-time
Accumulated other comprehensive loss, net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-626.47M	USD	Point-in-time
Accumulated other comprehensive loss, net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-762.31M	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-5.28B	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-4.84B	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-5.05B	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-5.44B	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-4.82B	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-5.43B	USD	Point-in-time
Total liabilities, redeemable noncontrolling interests, and shareholders' deficit	`LiabilitiesAndStockholdersEquity`	$10.01B	USD	Point-in-time
Total liabilities, redeemable noncontrolling interests, and shareholders' deficit	`LiabilitiesAndStockholdersEquity`	$9.80B	USD	Point-in-time

Income Statement 106 line items

Line Item	Tag	Value	Unit	Period
Site leasing	`OperatingLeaseLeaseIncome`	$580.23M	USD	1 Quarter
Site leasing	`OperatingLeaseLeaseIncome`	$1.14B	USD	2 Qtrs
Site leasing	`OperatingLeaseLeaseIncome`	$524.10M	USD	1 Quarter
Site leasing	`OperatingLeaseLeaseIncome`	$1.03B	USD	2 Qtrs
Site development	`RevenueFromContractWithCustomerExcludingAssessedTax`	$51.43M	USD	1 Quarter
Site development	`RevenueFromContractWithCustomerExcludingAssessedTax`	$71.77M	USD	1 Quarter
Site development	`RevenueFromContractWithCustomerExcludingAssessedTax`	$95.07M	USD	2 Qtrs
Site development	`RevenueFromContractWithCustomerExcludingAssessedTax`	$132.11M	USD	2 Qtrs
Total revenues	`Revenues`	$1.27B	USD	2 Qtrs
Total revenues	`Revenues`	$1.12B	USD	2 Qtrs
Total revenues	`Revenues`	$575.53M	USD	1 Quarter
Total revenues	`Revenues`	$652.01M	USD	1 Quarter
Non-cash compensation expense	`ShareBasedCompensation`	$42.07M	USD	2 Qtrs
Non-cash compensation expense	`ShareBasedCompensation`	$48.65M	USD	2 Qtrs
Cost of site leasing	`CostOfGoodsSoldDirectOperatingLease`	$95.35M	USD	1 Quarter
Cost of site leasing	`CostOfGoodsSoldDirectOperatingLease`	$218.67M	USD	2 Qtrs
Cost of site leasing	`CostOfGoodsSoldDirectOperatingLease`	$111.52M	USD	1 Quarter
Cost of site leasing	`CostOfGoodsSoldDirectOperatingLease`	$190.72M	USD	2 Qtrs
Cost of site development	`CostOfGoodsAndServicesSold`	$74.81M	USD	2 Qtrs
Cost of site development	`CostOfGoodsAndServicesSold`	$100.27M	USD	2 Qtrs
Cost of site development	`CostOfGoodsAndServicesSold`	$54.50M	USD	1 Quarter
Cost of site development	`CostOfGoodsAndServicesSold`	$40.41M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$63.27M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$53.95M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$125.40M	USD	2 Qtrs
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$105.55M	USD	2 Qtrs
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`	$11.93M	USD	2 Qtrs
Acquisition and new business initiatives related adjustments and expenses	`BusinessCombinationAcquisitionRelatedCostsAndAdjusments`	$11.79M	USD	2 Qtrs
Acquisition and new business initiatives related adjustments and expenses	`BusinessCombinationAcquisitionRelatedCostsAndAdjusments`	$6.83M	USD	1 Quarter
Asset impairment and decommission costs	`AssetImpairmentAndDecommissionCosts`	$3.80M	USD	1 Quarter
Asset impairment and decommission costs	`AssetImpairmentAndDecommissionCosts`	$17.03M	USD	2 Qtrs
Asset impairment and decommission costs	`AssetImpairmentAndDecommissionCosts`	$8.52M	USD	1 Quarter
Asset impairment and decommission costs	`AssetImpairmentAndDecommissionCosts`	$8.70M	USD	2 Qtrs
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$350.72M	USD	2 Qtrs
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$175.47M	USD	1 Quarter
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$359.35M	USD	2 Qtrs
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$176.39M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$421.03M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$750.92M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$824.02M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$375.76M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$447.76M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$199.76M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$230.98M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$373.34M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$547.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.52M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$4.02M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$1.18M	USD	2 Qtrs
Interest expense	`InvestmentIncomeInvestmentExpense`	$84.31M	USD	1 Quarter
Interest expense	`InvestmentIncomeInvestmentExpense`	$180.64M	USD	2 Qtrs
Interest expense	`InvestmentIncomeInvestmentExpense`	$90.54M	USD	1 Quarter
Interest expense	`InvestmentIncomeInvestmentExpense`	$166.57M	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`	$11.53M	USD	1 Quarter
Non-cash interest expense	`PaidInKindInterest`	$23.05M	USD	2 Qtrs
Amortization of deferred financing fees	`AmortizationOfFinancingCosts`	$4.92M	USD	1 Quarter
Amortization of deferred financing fees	`AmortizationOfFinancingCosts`	$9.76M	USD	2 Qtrs
Amortization of deferred financing fees	`AmortizationOfFinancingCosts`	$9.80M	USD	2 Qtrs
Amortization of deferred financing fees	`AmortizationOfFinancingCosts`	$4.87M	USD	1 Quarter
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 (expense) income, net	`OtherNonoperatingIncomeExpense`	$-66.14M	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$20.41M	USD	2 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$108.85M	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$42.02M	USD	2 Qtrs
Total other (expense) income, net	`NonoperatingIncomeExpense`	$-153.38M	USD	2 Qtrs
Total other (expense) income, net	`NonoperatingIncomeExpense`	$-165.39M	USD	1 Quarter
Total other (expense) income, net	`NonoperatingIncomeExpense`	$155.00K	USD	1 Quarter
Total other (expense) income, net	`NonoperatingIncomeExpense`	$-206.09M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$65.59M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$199.92M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$294.37M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$167.25M	USD	2 Qtrs
Benefit (provision) for income taxes	`IncomeTaxExpenseBenefit`	$-3.56M	USD	1 Quarter
Benefit (provision) for income taxes	`IncomeTaxExpenseBenefit`	$47.25M	USD	1 Quarter
Benefit (provision) for income taxes	`IncomeTaxExpenseBenefit`	$36.91M	USD	2 Qtrs
Benefit (provision) for income taxes	`IncomeTaxExpenseBenefit`	$26.33M	USD	2 Qtrs
Net income	`ProfitLoss`	$69.15M	USD	1 Quarter
Net income	`ProfitLoss`	$257.46M	USD	2 Qtrs
Net income	`ProfitLoss`	$140.92M	USD	2 Qtrs
Net income	`ProfitLoss`	$152.67M	USD	1 Quarter
Net loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-365.00K	USD	1 Quarter
Net loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-682.00K	USD	2 Qtrs
Net income attributable to SBA Communications Corporation	`NetIncomeLoss`	$140.92M	USD	2 Qtrs
Net income attributable to SBA Communications Corporation	`NetIncomeLoss`	$69.52M	USD	1 Quarter
Net income attributable to SBA Communications Corporation	`NetIncomeLoss`	$258.14M	USD	2 Qtrs
Net income attributable to SBA Communications Corporation	`NetIncomeLoss`	$152.67M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$2.39	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$1.29	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$1.40	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.64	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$2.36	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.64	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.27	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$1.37	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	109.41M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	107.97M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	109.44M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	107.85M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	109.44M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	111.30M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	109.35M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	111.21M	shares	2 Qtrs

Cash Flow Statement 91 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$69.15M	USD	1 Quarter
Net income	`ProfitLoss`	$257.46M	USD	2 Qtrs
Net income	`ProfitLoss`	$140.92M	USD	2 Qtrs
Net income	`ProfitLoss`	$152.67M	USD	1 Quarter
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$350.72M	USD	2 Qtrs
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$175.47M	USD	1 Quarter
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$359.35M	USD	2 Qtrs
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$176.39M	USD	1 Quarter
Gain on remeasurement of U.S. denominated intercompany loans	`ForeignCurrencyTransactionGainLossBeforeTax`	$45.93M	USD	2 Qtrs
Gain on remeasurement of U.S. denominated intercompany loans	`ForeignCurrencyTransactionGainLossBeforeTax`	$25.04M	USD	2 Qtrs
Non-cash compensation expense	`ShareBasedCompensation`	$42.07M	USD	2 Qtrs
Non-cash compensation expense	`ShareBasedCompensation`	$48.65M	USD	2 Qtrs
Non-cash asset impairment and decommission costs	`NoncashAssetImpairmentAndDecommissionCosts`	$8.29M	USD	2 Qtrs
Non-cash asset impairment and decommission costs	`NoncashAssetImpairmentAndDecommissionCosts`	$16.97M	USD	2 Qtrs
Loss from extinguishment of debt, net	`GainsLossesOnExtinguishmentOfDebt`	$-12.67M	USD	2 Qtrs
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$14.16M	USD	2 Qtrs
Deferred income tax provision	`DeferredIncomeTaxExpenseBenefit`	$23.01M	USD	2 Qtrs
Other non-cash items reflected in the Statements of Operations	`OtherNoncashIncomeExpense`	$-37.83M	USD	2 Qtrs
Other non-cash items reflected in the Statements of Operations	`OtherNoncashIncomeExpense`	$-35.96M	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`	$8.08M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$14.80M	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.60M	USD	2 Qtrs
Operating lease right-of-use assets, net	`IncreaseDecreaseInOperatingLeaseRightOfUseAsset`	$56.99M	USD	2 Qtrs
Operating lease right-of-use assets, net	`IncreaseDecreaseInOperatingLeaseRightOfUseAsset`	$69.18M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-3.06M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$3.10M	USD	2 Qtrs
Accrued interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-12.04M	USD	2 Qtrs
Accrued interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-1.75M	USD	2 Qtrs
Long-term lease liabilities	`IncreaseDecreaseInLongTermLeaseLiability`	$-62.99M	USD	2 Qtrs
Long-term lease liabilities	`IncreaseDecreaseInLongTermLeaseLiability`	$-54.77M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-4.23M	USD	2 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$26.69M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$664.60M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$638.28M	USD	2 Qtrs
Acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$77.17M	USD	1 Quarter
Acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$138.40M	USD	1 Quarter
Acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$353.58M	USD	2 Qtrs
Acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.13B	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$55.38M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$90.97M	USD	2 Qtrs
Purchase of investments	`PaymentsToAcquireInvestments`	$755.18M	USD	2 Qtrs
Purchase of investments	`PaymentsToAcquireInvestments`	$281.62M	USD	2 Qtrs
Proceeds from sale of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$242.62M	USD	2 Qtrs
Proceeds from sale of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$755.06M	USD	2 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-585.00K	USD	2 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$2.14M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.18B	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-485.69M	USD	2 Qtrs
Borrowings under Revolving Credit Facility	`ProceedsFromLongTermLinesOfCredit`	$810.00M	USD	2 Qtrs
Borrowings under Revolving Credit Facility	`ProceedsFromLongTermLinesOfCredit`	$330.00M	USD	2 Qtrs
Repayments under Revolving Credit Facility	`RepaymentsOfLongTermLinesOfCredit`	$1.10B	USD	2 Qtrs
Repayments under Revolving Credit Facility	`RepaymentsOfLongTermLinesOfCredit`	$150.00M	USD	2 Qtrs
Proceeds from issuance of Senior Notes, net of fees	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$1.49B	USD	2 Qtrs
Repayment of Senior Notes	`RepaymentsOfSeniorDebt`	$757.50M	USD	2 Qtrs
Proceeds from issuance of Tower Securities, net of fees	`ProceedsFromIssuanceOfOtherLongTermDebt`	$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`	$431.67M	USD	2 Qtrs
Payment of dividends on common stock	`PaymentsOfDividends`	$126.89M	USD	2 Qtrs
Payment of dividends on common stock	`PaymentsOfDividends`	$153.44M	USD	2 Qtrs
Proceeds from employee stock purchase/stock option plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$36.12M	USD	2 Qtrs
Proceeds from employee stock purchase/stock option plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$20.24M	USD	2 Qtrs
Payments related to taxes on stock options and restricted stock units	`PaymentStockOptionNetShareSettlements`	$8.98M	USD	2 Qtrs
Payments related to taxes on stock options and restricted stock units	`PaymentStockOptionNetShareSettlements`	$9.62M	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-11.57M	USD	2 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$18.48M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$545.39M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-376.00M	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`	$12.45M	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`	$-184.65M	USD	2 Qtrs
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$250.98M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$338.81M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$342.81M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$435.63M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$250.98M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$338.81M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$342.81M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$435.63M	USD	Point-in-time
Interest	`InterestPaidNet`	$169.51M	USD	2 Qtrs
Interest	`InterestPaidNet`	$167.80M	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	$15.77M	USD	2 Qtrs
Income taxes	`IncomeTaxesPaid`	$14.06M	USD	2 Qtrs
Right-of-use assets obtained in exchange for new operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$115.09M	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`	$23.62M	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`	$2.39M	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`	$-5.28B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-4.84B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-5.05B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-5.44B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-4.82B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-5.43B	USD	Point-in-time
BALANCE, Shares	`CommonStockSharesOutstanding`	107.87M	shares	Point-in-time
BALANCE, Shares	`CommonStockSharesOutstanding`	108.96M	shares	Point-in-time
Net income attributable to SBA Communications Corporation	`NetIncomeLoss`	$140.92M	USD	2 Qtrs
Net income attributable to SBA Communications Corporation	`NetIncomeLoss`	$69.52M	USD	1 Quarter
Net income attributable to SBA Communications Corporation	`NetIncomeLoss`	$258.14M	USD	2 Qtrs
Net income attributable to SBA Communications Corporation	`NetIncomeLoss`	$152.67M	USD	1 Quarter
Common stock issued in connection with equity awards and stock purchase plans, offset by the impact of net share settlements	`StockIssuedDuringPeriodValueShareBasedCompensation`	$10.58M	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`	$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`	$9.01M	USD	1 Quarter
Non-cash stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$24.41M	USD	1 Quarter
Non-cash stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$21.98M	USD	1 Quarter
Non-cash stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$42.79M	USD	2 Qtrs
Non-cash stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$49.55M	USD	2 Qtrs
Adjustments related to interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$48.35M	USD	2 Qtrs
Adjustments related to interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$5.57M	USD	1 Quarter
Adjustments related to interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$109.16M	USD	2 Qtrs
Adjustments related to interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$23.83M	USD	1 Quarter
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$431.67M	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`	$63.87M	USD	1 Quarter
Foreign currency translation adjustments attributable to SBA Communications Corporation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$26.68M	USD	2 Qtrs
Foreign currency translation adjustments attributable to SBA Communications Corporation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-58.94M	USD	1 Quarter
Foreign currency translation adjustments attributable to SBA Communications Corporation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$20.23M	USD	2 Qtrs
Dividends and dividend equivalents on common stock	`Dividends`	$63.74M	USD	1 Quarter
Dividends and dividend equivalents on common stock	`Dividends`	$154.13M	USD	2 Qtrs
Dividends and dividend equivalents on common stock	`Dividends`	$127.36M	USD	2 Qtrs
Dividends and dividend equivalents on common stock	`Dividends`	$77.00M	USD	1 Quarter
Adjustment to redemption amount related to noncontrolling interests	`AdjustmentsToAdditionalPaidInCapitalOther`	$-23.51M	USD	2 Qtrs
Adjustment to redemption amount related to noncontrolling interests	`AdjustmentsToAdditionalPaidInCapitalOther`	$-4.29M	USD	1 Quarter
Adjustment to redemption amount related to noncontrolling interests	`AdjustmentsToAdditionalPaidInCapitalOther`	$1.52M	USD	2 Qtrs
BALANCE	`StockholdersEquity`	$-5.28B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-4.84B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-5.05B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-5.44B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-4.82B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-5.43B	USD	Point-in-time
BALANCE, Shares	`CommonStockSharesOutstanding`	107.87M	shares	Point-in-time
BALANCE, Shares	`CommonStockSharesOutstanding`	108.96M	shares	Point-in-time

Comprehensive Income 22 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$69.15M	USD	1 Quarter
Net income	`ProfitLoss`	$257.46M	USD	2 Qtrs
Net income	`ProfitLoss`	$140.92M	USD	2 Qtrs
Net income	`ProfitLoss`	$152.67M	USD	1 Quarter
Adjustments related to interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$48.35M	USD	2 Qtrs
Adjustments related to interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$5.57M	USD	1 Quarter
Adjustments related to interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$109.16M	USD	2 Qtrs
Adjustments related to interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$23.83M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$26.48M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$20.23M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-59.02M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$63.87M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$33.96M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$393.10M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$222.10M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$209.51M	USD	2 Qtrs
Comprehensive loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-878.00K	USD	2 Qtrs
Comprehensive loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-444.00K	USD	1 Quarter
Comprehensive income attributable to SBA Communications Corporation	`ComprehensiveIncomeNetOfTax`	$393.98M	USD	2 Qtrs
Comprehensive income attributable to SBA Communications Corporation	`ComprehensiveIncomeNetOfTax`	$209.51M	USD	2 Qtrs
Comprehensive income attributable to SBA Communications Corporation	`ComprehensiveIncomeNetOfTax`	$34.41M	USD	1 Quarter
Comprehensive income attributable to SBA Communications Corporation	`ComprehensiveIncomeNetOfTax`	$222.10M	USD	1 Quarter

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