10-Q Filing

SBA COMMUNICATIONS CORP CIK: 1034054 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001034054-22-000008`
Period End Date	20220930
Filing Date	20221103
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	sbac-20220930x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 85 Income Statement 105 Cash Flow Statement 91 Stockholders Equity 46 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`	$201.21M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$367.28M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$75.17M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$65.56M	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`	$101.95M	USD	Point-in-time
Common stock - Class A, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$116.97M	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`	$81.67M	USD	Point-in-time
Costs and estimated earnings in excess of billings on uncompleted contracts	`ContractWithCustomerAssetNetCurrent`	$48.84M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$54.80M	USD	Point-in-time
Common stock - Class A, shares issued	`CommonStockSharesIssued`	108.96M	shares	Point-in-time
Common stock - Class A, shares issued	`CommonStockSharesIssued`	107.96M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$30.81M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$529.81M	USD	Point-in-time
Common stock - Class A, shares outstanding	`CommonStockSharesOutstanding`	107.96M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$614.45M	USD	Point-in-time
Common stock - Class A, shares outstanding	`CommonStockSharesOutstanding`	108.96M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.58B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.66B	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$2.80B	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$2.70B	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`	$2.33B	USD	Point-in-time
Acquired and other right-of-use assets, net	`AcquiredAndOtherRightOfUseAssetsNet`	$989.68M	USD	Point-in-time
Acquired and other right-of-use assets, net	`AcquiredAndOtherRightOfUseAssetsNet`	$964.40M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$575.64M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$744.20M	USD	Point-in-time
Total assets	`Assets`	$9.95B	USD	Point-in-time
Total assets	`Assets`	$9.80B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$34.07M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$51.31M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$68.07M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$96.18M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$663.18M	USD	Point-in-time
Current maturities of long-term debt	`LongTermDebtCurrent`	$24.00M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$184.38M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$216.93M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$49.10M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$25.11M	USD	Point-in-time
Current lease liabilities	`LeaseLiabilityCurrent`	$255.61M	USD	Point-in-time
Current lease liabilities	`LeaseLiabilityCurrent`	$238.50M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$30.07M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$18.22M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$616.33M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.34B	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$11.70B	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$12.28B	USD	Point-in-time
Long-term lease liabilities	`LeaseLiabilityNoncurrent`	$1.98B	USD	Point-in-time
Long-term lease liabilities	`LeaseLiabilityNoncurrent`	$2.02B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$191.47M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$221.02M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$14.45B	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$13.93B	USD	Point-in-time
Redeemable noncontrolling interests	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$17.25M	USD	Point-in-time
Redeemable noncontrolling interests	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$40.62M	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, 107,964 shares and 108,956 shares issued and outstanding at September 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, 107,964 shares and 108,956 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$1.08M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.76B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.68B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-7.20B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-7.51B	USD	Point-in-time
Accumulated other comprehensive loss, net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-613.89M	USD	Point-in-time
Accumulated other comprehensive loss, net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-762.31M	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-4.84B	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-5.44B	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-5.36B	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-4.82B	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-4.96B	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-5.28B	USD	Point-in-time
Total liabilities, redeemable noncontrolling interests, and shareholders' deficit	`LiabilitiesAndStockholdersEquity`	$9.80B	USD	Point-in-time
Total liabilities, redeemable noncontrolling interests, and shareholders' deficit	`LiabilitiesAndStockholdersEquity`	$9.95B	USD	Point-in-time

Income Statement 105 line items

Line Item	Tag	Value	Unit	Period
Site leasing	`OperatingLeaseLeaseIncome`	$587.30M	USD	1 Quarter
Site leasing	`OperatingLeaseLeaseIncome`	$535.49M	USD	1 Quarter
Site leasing	`OperatingLeaseLeaseIncome`	$1.56B	USD	3 Qtrs
Site leasing	`OperatingLeaseLeaseIncome`	$1.73B	USD	3 Qtrs
Site development	`RevenueFromContractWithCustomerExcludingAssessedTax`	$53.81M	USD	1 Quarter
Site development	`RevenueFromContractWithCustomerExcludingAssessedTax`	$220.39M	USD	3 Qtrs
Site development	`RevenueFromContractWithCustomerExcludingAssessedTax`	$88.28M	USD	1 Quarter
Site development	`RevenueFromContractWithCustomerExcludingAssessedTax`	$148.88M	USD	3 Qtrs
Total revenues	`Revenues`	$675.58M	USD	1 Quarter
Total revenues	`Revenues`	$589.30M	USD	1 Quarter
Total revenues	`Revenues`	$1.95B	USD	3 Qtrs
Total revenues	`Revenues`	$1.71B	USD	3 Qtrs
Non-cash compensation expense	`ShareBasedCompensation`	$74.14M	USD	3 Qtrs
Non-cash compensation expense	`ShareBasedCompensation`	$59.17M	USD	3 Qtrs
Cost of site leasing	`CostOfGoodsSoldDirectOperatingLease`	$289.51M	USD	3 Qtrs
Cost of site leasing	`CostOfGoodsSoldDirectOperatingLease`	$98.67M	USD	1 Quarter
Cost of site leasing	`CostOfGoodsSoldDirectOperatingLease`	$112.01M	USD	1 Quarter
Cost of site leasing	`CostOfGoodsSoldDirectOperatingLease`	$330.68M	USD	3 Qtrs
Cost of site development	`CostOfGoodsAndServicesSold`	$65.54M	USD	1 Quarter
Cost of site development	`CostOfGoodsAndServicesSold`	$41.36M	USD	1 Quarter
Cost of site development	`CostOfGoodsAndServicesSold`	$165.81M	USD	3 Qtrs
Cost of site development	`CostOfGoodsAndServicesSold`	$116.17M	USD	3 Qtrs
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$65.84M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$156.55M	USD	3 Qtrs
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$51.00M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$191.24M	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`	$17.52M	USD	3 Qtrs
Acquisition and new business initiatives related adjustments and expenses	`BusinessCombinationAcquisitionRelatedCostsAndAdjusments`	$18.78M	USD	3 Qtrs
Acquisition and new business initiatives related adjustments and expenses	`BusinessCombinationAcquisitionRelatedCostsAndAdjusments`	$6.84M	USD	1 Quarter
Asset impairment and decommission costs	`AssetImpairmentAndDecommissionCosts`	$18.56M	USD	3 Qtrs
Asset impairment and decommission costs	`AssetImpairmentAndDecommissionCosts`	$8.53M	USD	1 Quarter
Asset impairment and decommission costs	`AssetImpairmentAndDecommissionCosts`	$25.57M	USD	3 Qtrs
Asset impairment and decommission costs	`AssetImpairmentAndDecommissionCosts`	$9.86M	USD	1 Quarter
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$173.82M	USD	1 Quarter
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$170.92M	USD	1 Quarter
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$530.27M	USD	3 Qtrs
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$524.54M	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$432.60M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$1.13B	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$377.53M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$1.26B	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$585.12M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$211.78M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$242.99M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$690.75M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$945.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$6.88M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$2.86M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$2.12M	USD	3 Qtrs
Interest expense	`InvestmentIncomeInvestmentExpense`	$269.84M	USD	3 Qtrs
Interest expense	`InvestmentIncomeInvestmentExpense`	$89.20M	USD	1 Quarter
Interest expense	`InvestmentIncomeInvestmentExpense`	$86.96M	USD	1 Quarter
Interest expense	`InvestmentIncomeInvestmentExpense`	$253.53M	USD	3 Qtrs
Non-cash interest expense	`PaidInKindInterest`	$11.82M	USD	1 Quarter
Non-cash interest expense	`PaidInKindInterest`	$35.44M	USD	3 Qtrs
Non-cash interest expense	`PaidInKindInterest`	$11.53M	USD	1 Quarter
Non-cash interest expense	`PaidInKindInterest`	$34.58M	USD	3 Qtrs
Amortization of deferred financing fees	`AmortizationOfFinancingCosts`	$4.93M	USD	1 Quarter
Amortization of deferred financing fees	`AmortizationOfFinancingCosts`	$4.96M	USD	1 Quarter
Amortization of deferred financing fees	`AmortizationOfFinancingCosts`	$14.69M	USD	3 Qtrs
Amortization of deferred financing fees	`AmortizationOfFinancingCosts`	$14.76M	USD	3 Qtrs
Loss from extinguishment of debt, net	`GainLossOnExtinguishmentOfDebtIncludingInterestExpense`	$-13.67M	USD	3 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-69.80M	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-49.39M	USD	3 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-39.76M	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$2.26M	USD	3 Qtrs
Total other expense net	`NonoperatingIncomeExpense`	$-174.81M	USD	1 Quarter
Total other expense net	`NonoperatingIncomeExpense`	$-140.34M	USD	1 Quarter
Total other expense net	`NonoperatingIncomeExpense`	$-293.73M	USD	3 Qtrs
Total other expense net	`NonoperatingIncomeExpense`	$-380.90M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$204.21M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$102.64M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$397.02M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$36.96M	USD	1 Quarter
(Provision) benefit for income taxes	`IncomeTaxExpenseBenefit`	$2.88M	USD	1 Quarter
(Provision) benefit for income taxes	`IncomeTaxExpenseBenefit`	$-10.83M	USD	1 Quarter
(Provision) benefit for income taxes	`IncomeTaxExpenseBenefit`	$15.49M	USD	3 Qtrs
(Provision) benefit for income taxes	`IncomeTaxExpenseBenefit`	$39.80M	USD	3 Qtrs
Net income	`ProfitLoss`	$47.80M	USD	1 Quarter
Net income	`ProfitLoss`	$99.76M	USD	1 Quarter
Net income	`ProfitLoss`	$188.72M	USD	3 Qtrs
Net income	`ProfitLoss`	$357.22M	USD	3 Qtrs
Net loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-929.00K	USD	3 Qtrs
Net loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-247.00K	USD	1 Quarter
Net income attributable to SBA Communications Corporation	`NetIncomeLoss`	$358.15M	USD	3 Qtrs
Net income attributable to SBA Communications Corporation	`NetIncomeLoss`	$47.80M	USD	1 Quarter
Net income attributable to SBA Communications Corporation	`NetIncomeLoss`	$100.01M	USD	1 Quarter
Net income attributable to SBA Communications Corporation	`NetIncomeLoss`	$188.72M	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.93	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$1.72	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$3.32	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.44	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.91	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.70	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$3.27	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.43	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	109.58M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	107.95M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	109.49M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	107.92M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	111.56M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	111.33M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	109.42M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	109.36M	shares	1 Quarter

Cash Flow Statement 91 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$47.80M	USD	1 Quarter
Net income	`ProfitLoss`	$99.76M	USD	1 Quarter
Net income	`ProfitLoss`	$188.72M	USD	3 Qtrs
Net income	`ProfitLoss`	$357.22M	USD	3 Qtrs
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$173.82M	USD	1 Quarter
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$170.92M	USD	1 Quarter
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$530.27M	USD	3 Qtrs
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$524.54M	USD	3 Qtrs
(Gain) loss on remeasurement of U.S. denominated intercompany loans	`ForeignCurrencyTransactionGainLossBeforeTax`	$-42.58M	USD	3 Qtrs
(Gain) loss on remeasurement of U.S. denominated intercompany loans	`ForeignCurrencyTransactionGainLossBeforeTax`	$8.50M	USD	3 Qtrs
Non-cash compensation expense	`ShareBasedCompensation`	$74.14M	USD	3 Qtrs
Non-cash compensation expense	`ShareBasedCompensation`	$59.17M	USD	3 Qtrs
Non-cash asset impairment and decommission costs	`NoncashAssetImpairmentAndDecommissionCosts`	$25.20M	USD	3 Qtrs
Non-cash asset impairment and decommission costs	`NoncashAssetImpairmentAndDecommissionCosts`	$17.93M	USD	3 Qtrs
Loss from extinguishment of debt, net	`GainsLossesOnExtinguishmentOfDebt`	$-12.67M	USD	3 Qtrs
Deferred income tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$15.53M	USD	3 Qtrs
Deferred income tax provision (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-2.71M	USD	3 Qtrs
Other non-cash items reflected in the Statements of Operations	`OtherNoncashIncomeExpense`	$-55.01M	USD	3 Qtrs
Other non-cash items reflected in the Statements of Operations	`OtherNoncashIncomeExpense`	$-58.73M	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`	$33.90M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$31.45M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$25.59M	USD	3 Qtrs
Operating lease right-of-use assets, net	`IncreaseDecreaseInOperatingLeaseRightOfUseAsset`	$86.72M	USD	3 Qtrs
Operating lease right-of-use assets, net	`IncreaseDecreaseInOperatingLeaseRightOfUseAsset`	$104.77M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$8.46M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$13.06M	USD	3 Qtrs
Accrued interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$23.98M	USD	3 Qtrs
Accrued interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$27.87M	USD	3 Qtrs
Long-term lease liabilities	`IncreaseDecreaseInLongTermLeaseLiability`	$-83.89M	USD	3 Qtrs
Long-term lease liabilities	`IncreaseDecreaseInLongTermLeaseLiability`	$-96.09M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$21.50M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$32.50M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$891.33M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$997.07M	USD	3 Qtrs
Acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$418.72M	USD	3 Qtrs
Acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$57.90M	USD	1 Quarter
Acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$65.14M	USD	1 Quarter
Acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$1.19B	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$90.41M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$148.35M	USD	3 Qtrs
Purchase of investments	`PaymentsToAcquireInvestments`	$755.53M	USD	3 Qtrs
Purchase of investments	`PaymentsToAcquireInvestments`	$506.58M	USD	3 Qtrs
Proceeds from sale of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$755.28M	USD	3 Qtrs
Proceeds from sale of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$482.83M	USD	3 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-589.00K	USD	3 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$496.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-591.31M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.28B	USD	3 Qtrs
Borrowings under Revolving Credit Facility	`ProceedsFromLongTermLinesOfCredit`	$810.00M	USD	3 Qtrs
Borrowings under Revolving Credit Facility	`ProceedsFromLongTermLinesOfCredit`	$330.00M	USD	3 Qtrs
Repayments under Revolving Credit Facility	`RepaymentsOfLongTermLinesOfCredit`	$270.00M	USD	3 Qtrs
Repayments under Revolving Credit Facility	`RepaymentsOfLongTermLinesOfCredit`	$1.19B	USD	3 Qtrs
Proceeds from issuance of Senior Notes, net of fees	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$1.49B	USD	3 Qtrs
Repayment of Senior Notes	`RepaymentsOfSeniorDebt`	$757.50M	USD	3 Qtrs
Proceeds from issuance of Tower Securities, net of fees	`ProceedsFromIssuanceOfOtherLongTermDebt`	$1.15B	USD	3 Qtrs
Repayment of Tower Securities	`RepaymentsOfSecuredDebt`	$760.00M	USD	3 Qtrs
Repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$284.34M	USD	3 Qtrs
Repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$431.67M	USD	3 Qtrs
Payment of dividends on common stock	`PaymentsOfDividends`	$230.10M	USD	3 Qtrs
Payment of dividends on common stock	`PaymentsOfDividends`	$190.46M	USD	3 Qtrs
Proceeds from employee stock purchase/stock option plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$73.15M	USD	3 Qtrs
Proceeds from employee stock purchase/stock option plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$33.74M	USD	3 Qtrs
Payments related to taxes on stock options and restricted stock units	`PaymentStockOptionNetShareSettlements`	$9.03M	USD	3 Qtrs
Payments related to taxes on stock options and restricted stock units	`PaymentStockOptionNetShareSettlements`	$9.90M	USD	3 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$11.86M	USD	3 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-21.16M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$308.61M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-566.07M	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.56M	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-10.53M	USD	3 Qtrs
NET CHANGE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-155.75M	USD	3 Qtrs
NET CHANGE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-88.41M	USD	3 Qtrs
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$279.87M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$435.63M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$342.81M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$254.40M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$279.87M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$435.63M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$342.81M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$254.40M	USD	Point-in-time
Interest	`InterestPaidNet`	$298.59M	USD	3 Qtrs
Interest	`InterestPaidNet`	$277.22M	USD	3 Qtrs
Income taxes	`IncomeTaxesPaid`	$20.15M	USD	3 Qtrs
Income taxes	`IncomeTaxesPaid`	$18.85M	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`	$137.13M	USD	3 Qtrs
Operating lease modifications and reassessments	`OperatingLeaseModificationsAndReassessments`	$36.18M	USD	3 Qtrs
Operating lease modifications and reassessments	`OperatingLeaseModificationsAndReassessments`	$21.83M	USD	3 Qtrs
Right-of-use assets obtained in exchange for new finance lease liabilities	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	$3.70M	USD	3 Qtrs
Right-of-use assets obtained in exchange for new finance lease liabilities	`RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability`	$1.76M	USD	3 Qtrs

Stockholders Equity 46 line items

Line Item	Tag	Value	Unit	Period
BALANCE	`StockholdersEquity`	$-4.84B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-5.44B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-5.36B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-4.82B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-4.96B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-5.28B	USD	Point-in-time
BALANCE, Shares	`CommonStockSharesOutstanding`	107.96M	shares	Point-in-time
BALANCE, Shares	`CommonStockSharesOutstanding`	108.96M	shares	Point-in-time
Net income attributable to SBA Communications Corporation	`NetIncomeLoss`	$358.15M	USD	3 Qtrs
Net income attributable to SBA Communications Corporation	`NetIncomeLoss`	$47.80M	USD	1 Quarter
Net income attributable to SBA Communications Corporation	`NetIncomeLoss`	$100.01M	USD	1 Quarter
Net income attributable to SBA Communications Corporation	`NetIncomeLoss`	$188.72M	USD	3 Qtrs
Common stock issued in connection with equity awards and stock purchase plans, offset by the impact of net share settlements	`StockIssuedDuringPeriodValueShareBasedCompensation`	$23.80M	USD	3 Qtrs
Common stock issued in connection with equity awards and stock purchase plans, offset by the impact of net share settlements	`StockIssuedDuringPeriodValueShareBasedCompensation`	$13.22M	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`	$64.10M	USD	3 Qtrs
Non-cash stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$75.57M	USD	3 Qtrs
Non-cash stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$26.02M	USD	1 Quarter
Non-cash stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$17.41M	USD	1 Quarter
Non-cash stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$60.20M	USD	3 Qtrs
Adjustments related to interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$162.49M	USD	3 Qtrs
Adjustments related to interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$53.34M	USD	1 Quarter
Adjustments related to interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$58.25M	USD	3 Qtrs
Adjustments related to interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$9.90M	USD	1 Quarter
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$284.34M	USD	3 Qtrs
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$115.42M	USD	1 Quarter
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$431.67M	USD	3 Qtrs
Foreign currency translation adjustments attributable to SBA Communications Corporation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-14.08M	USD	3 Qtrs
Foreign currency translation adjustments attributable to SBA Communications Corporation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-51.41M	USD	1 Quarter
Foreign currency translation adjustments attributable to SBA Communications Corporation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-40.76M	USD	1 Quarter
Foreign currency translation adjustments attributable to SBA Communications Corporation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-31.18M	USD	3 Qtrs
Dividends and dividend equivalents on common stock	`Dividends`	$77.06M	USD	1 Quarter
Dividends and dividend equivalents on common stock	`Dividends`	$191.18M	USD	3 Qtrs
Dividends and dividend equivalents on common stock	`Dividends`	$231.20M	USD	3 Qtrs
Dividends and dividend equivalents on common stock	`Dividends`	$63.82M	USD	1 Quarter
Adjustment to redemption amount related to noncontrolling interests	`AdjustmentsToAdditionalPaidInCapitalOther`	$-24.50M	USD	3 Qtrs
Adjustment to redemption amount related to noncontrolling interests	`AdjustmentsToAdditionalPaidInCapitalOther`	$-986.00K	USD	1 Quarter
Adjustment to redemption amount related to noncontrolling interests	`AdjustmentsToAdditionalPaidInCapitalOther`	$1.52M	USD	3 Qtrs
BALANCE	`StockholdersEquity`	$-4.84B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-5.44B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-5.36B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-4.82B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-4.96B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-5.28B	USD	Point-in-time
BALANCE, Shares	`CommonStockSharesOutstanding`	107.96M	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`	$47.80M	USD	1 Quarter
Net income	`ProfitLoss`	$99.76M	USD	1 Quarter
Net income	`ProfitLoss`	$188.72M	USD	3 Qtrs
Net income	`ProfitLoss`	$357.22M	USD	3 Qtrs
Adjustments related to interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$162.49M	USD	3 Qtrs
Adjustments related to interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$53.34M	USD	1 Quarter
Adjustments related to interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$58.25M	USD	3 Qtrs
Adjustments related to interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$9.90M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-51.41M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-40.76M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-31.18M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-14.28M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$112.34M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$215.79M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$505.44M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$6.28M	USD	1 Quarter
Comprehensive loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-247.00K	USD	1 Quarter
Comprehensive loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-1.13M	USD	3 Qtrs
Comprehensive income attributable to SBA Communications Corporation	`ComprehensiveIncomeNetOfTax`	$112.59M	USD	1 Quarter
Comprehensive income attributable to SBA Communications Corporation	`ComprehensiveIncomeNetOfTax`	$506.56M	USD	3 Qtrs
Comprehensive income attributable to SBA Communications Corporation	`ComprehensiveIncomeNetOfTax`	$215.79M	USD	3 Qtrs
Comprehensive income 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.