10-Q Filing

SBA COMMUNICATIONS CORP CIK: 1034054 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001034054-23-000008`
Period End Date	20230930
Filing Date	20231107
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	sbac-20230930x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 85 Income Statement 107 Cash Flow Statement 86 Stockholders Equity 47 Comprehensive Income 24

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`	$190.54M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$143.71M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$37.22M	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
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$41.96M	USD	Point-in-time
Common stock - Class A, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$184.37M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$158.33M	USD	Point-in-time
Common stock - Class A, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock - Class A, shares authorized	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Common stock - Class A, shares authorized	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Costs and estimated earnings in excess of billings on uncompleted contracts	`ContractWithCustomerAssetNetCurrent`	$79.55M	USD	Point-in-time
Costs and estimated earnings in excess of billings on uncompleted contracts	`ContractWithCustomerAssetNetCurrent`	$28.33M	USD	Point-in-time
Common stock - Class A, shares issued	`CommonStockSharesIssued`	108.12M	shares	Point-in-time
Common stock - Class A, shares issued	`CommonStockSharesIssued`	108.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$45.55M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$33.15M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$482.73M	USD	Point-in-time
Common stock - Class A, shares outstanding	`CommonStockSharesOutstanding`	108.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$459.98M	USD	Point-in-time
Common stock - Class A, shares outstanding	`CommonStockSharesOutstanding`	108.12M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.71B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.70B	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$2.52B	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$2.78B	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$2.38B	USD	Point-in-time
Operating lease right-of-use assets, net	`OperatingLeaseRightOfUseAsset`	$2.32B	USD	Point-in-time
Acquired and other right-of-use assets, net	`AcquiredAndOtherRightOfUseAssetsNet`	$1.51B	USD	Point-in-time
Acquired and other right-of-use assets, net	`AcquiredAndOtherRightOfUseAssetsNet`	$1.49B	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$845.23M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$722.37M	USD	Point-in-time
Total assets	`Assets`	$10.59B	USD	Point-in-time
Total assets	`Assets`	$10.33B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$46.61M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$51.43M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$101.48M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$92.70M	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`	$175.80M	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$154.55M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$54.17M	USD	Point-in-time
Accrued interest	`InterestPayableCurrent`	$30.11M	USD	Point-in-time
Current lease liabilities	`LeaseLiabilityCurrent`	$272.44M	USD	Point-in-time
Current lease liabilities	`LeaseLiabilityCurrent`	$262.37M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$48.76M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$21.49M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$663.15M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$696.76M	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$12.49B	USD	Point-in-time
Long-term debt, net	`LongTermDebtNoncurrent`	$12.84B	USD	Point-in-time
Long-term lease liabilities	`LeaseLiabilityNoncurrent`	$1.98B	USD	Point-in-time
Long-term lease liabilities	`LeaseLiabilityNoncurrent`	$2.04B	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$248.07M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$332.22M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$14.80B	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$15.13B	USD	Point-in-time
Redeemable noncontrolling interests	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$17.25M	USD	Point-in-time
Redeemable noncontrolling interests	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$31.73M	USD	Point-in-time
Redeemable noncontrolling interests	`RedeemableNoncontrollingInterestEquityCarryingAmount`	$35.05M	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, 108,120 shares and 107,997 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$1.08M	USD	Point-in-time
Common stock - Class A, par value $0.01, 400,000 shares authorized, 108,120 shares and 107,997 shares issued and outstanding at September 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$1.08M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.80B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.85B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-7.48B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-7.42B	USD	Point-in-time
Accumulated other comprehensive loss, net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-594.30M	USD	Point-in-time
Accumulated other comprehensive loss, net	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-590.51M	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-5.36B	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-5.09B	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-5.44B	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-5.28B	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-5.28B	USD	Point-in-time
Total shareholders' deficit	`StockholdersEquity`	$-5.17B	USD	Point-in-time
Total liabilities, redeemable noncontrolling interests, and shareholders' deficit	`LiabilitiesAndStockholdersEquity`	$10.33B	USD	Point-in-time
Total liabilities, redeemable noncontrolling interests, and shareholders' deficit	`LiabilitiesAndStockholdersEquity`	$10.59B	USD	Point-in-time

Income Statement 107 line items

Line Item	Tag	Value	Unit	Period
Site leasing	`OperatingLeaseLeaseIncome`	$1.88B	USD	3 Qtrs
Site leasing	`OperatingLeaseLeaseIncome`	$637.44M	USD	1 Quarter
Site leasing	`OperatingLeaseLeaseIncome`	$587.30M	USD	1 Quarter
Site leasing	`OperatingLeaseLeaseIncome`	$1.73B	USD	3 Qtrs
Site development	`RevenueFromContractWithCustomerExcludingAssessedTax`	$88.28M	USD	1 Quarter
Site development	`RevenueFromContractWithCustomerExcludingAssessedTax`	$45.10M	USD	1 Quarter
Site development	`RevenueFromContractWithCustomerExcludingAssessedTax`	$155.71M	USD	3 Qtrs
Site development	`RevenueFromContractWithCustomerExcludingAssessedTax`	$220.39M	USD	3 Qtrs
Total revenues	`Revenues`	$682.54M	USD	1 Quarter
Total revenues	`Revenues`	$1.95B	USD	3 Qtrs
Total revenues	`Revenues`	$2.04B	USD	3 Qtrs
Total revenues	`Revenues`	$675.58M	USD	1 Quarter
Non-cash compensation expense	`ShareBasedCompensation`	$74.14M	USD	3 Qtrs
Non-cash compensation expense	`ShareBasedCompensation`	$65.83M	USD	3 Qtrs
Cost of site leasing	`CostOfGoodsSoldDirectOperatingLease`	$118.28M	USD	1 Quarter
Cost of site leasing	`CostOfGoodsSoldDirectOperatingLease`	$353.41M	USD	3 Qtrs
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`	$114.91M	USD	3 Qtrs
Cost of site development	`CostOfGoodsAndServicesSold`	$31.49M	USD	1 Quarter
Cost of site development	`CostOfGoodsAndServicesSold`	$165.81M	USD	3 Qtrs
Cost of site development	`CostOfGoodsAndServicesSold`	$65.54M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$65.84M	USD	1 Quarter
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$191.24M	USD	3 Qtrs
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$200.41M	USD	3 Qtrs
Selling, general, and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$64.82M	USD	1 Quarter
Acquisition and new business initiatives related adjustments and expenses	`BusinessCombinationAcquisitionRelatedCostsAndAdjusments`	$16.62M	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
Acquisition and new business initiatives related adjustments and expenses	`BusinessCombinationAcquisitionRelatedCostsAndAdjusments`	$5.61M	USD	1 Quarter
Asset impairment and decommission costs	`AssetImpairmentAndDecommissionCosts`	$33.06M	USD	1 Quarter
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`	$92.32M	USD	3 Qtrs
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$173.82M	USD	1 Quarter
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$544.91M	USD	3 Qtrs
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$524.54M	USD	3 Qtrs
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$180.67M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$1.32B	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$1.26B	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$432.60M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$433.94M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$248.60M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$242.99M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$713.97M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$690.75M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$6.88M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$5.27M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$2.86M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$12.77M	USD	3 Qtrs
Interest expense	`InvestmentIncomeInvestmentExpense`	$99.32M	USD	1 Quarter
Interest expense	`InvestmentIncomeInvestmentExpense`	$253.53M	USD	3 Qtrs
Interest expense	`InvestmentIncomeInvestmentExpense`	$86.96M	USD	1 Quarter
Interest expense	`InvestmentIncomeInvestmentExpense`	$301.83M	USD	3 Qtrs
Non-cash interest expense	`PaidInKindInterest`	$7.90M	USD	1 Quarter
Non-cash interest expense	`PaidInKindInterest`	$29.66M	USD	3 Qtrs
Non-cash interest expense	`PaidInKindInterest`	$34.58M	USD	3 Qtrs
Non-cash interest expense	`PaidInKindInterest`	$11.53M	USD	1 Quarter
Amortization of deferred financing fees	`AmortizationOfFinancingCosts`	$14.76M	USD	3 Qtrs
Amortization of deferred financing fees	`AmortizationOfFinancingCosts`	$15.13M	USD	3 Qtrs
Amortization of deferred financing fees	`AmortizationOfFinancingCosts`	$5.10M	USD	1 Quarter
Amortization of deferred financing fees	`AmortizationOfFinancingCosts`	$4.96M	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$2.26M	USD	3 Qtrs
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-48.33M	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$-39.76M	USD	1 Quarter
Other (expense) income, net	`OtherNonoperatingIncomeExpense`	$29.96M	USD	3 Qtrs
Total other expense, net	`NonoperatingIncomeExpense`	$-293.73M	USD	3 Qtrs
Total other expense, net	`NonoperatingIncomeExpense`	$-155.38M	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-140.34M	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-303.89M	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`	$410.08M	USD	3 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$93.22M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$39.80M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$22.19M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$2.88M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$7.86M	USD	1 Quarter
Net income	`ProfitLoss`	$387.89M	USD	3 Qtrs
Net income	`ProfitLoss`	$99.76M	USD	1 Quarter
Net income	`ProfitLoss`	$85.36M	USD	1 Quarter
Net income	`ProfitLoss`	$357.22M	USD	3 Qtrs
Net loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-247.00K	USD	1 Quarter
Net loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-929.00K	USD	3 Qtrs
Net loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-2.06M	USD	1 Quarter
Net loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.63M	USD	Annual
Net loss attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-4.40M	USD	3 Qtrs
Net income attributable to SBA Communications Corporation	`NetIncomeLoss`	$358.15M	USD	3 Qtrs
Net income attributable to SBA Communications Corporation	`NetIncomeLoss`	$100.01M	USD	1 Quarter
Net income attributable to SBA Communications Corporation	`NetIncomeLoss`	$392.28M	USD	3 Qtrs
Net income attributable to SBA Communications Corporation	`NetIncomeLoss`	$87.42M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.93	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$3.32	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.81	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$3.62	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.80	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$3.60	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.91	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$3.27	USD	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	108.37M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	107.92M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	108.29M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	107.95M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	109.02M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	109.36M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	108.89M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	109.42M	shares	3 Qtrs

Cash Flow Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$387.89M	USD	3 Qtrs
Net income	`ProfitLoss`	$99.76M	USD	1 Quarter
Net income	`ProfitLoss`	$85.36M	USD	1 Quarter
Net income	`ProfitLoss`	$357.22M	USD	3 Qtrs
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$173.82M	USD	1 Quarter
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$544.91M	USD	3 Qtrs
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$524.54M	USD	3 Qtrs
Depreciation, accretion, and amortization	`DepreciationAmortizationAndAccretionNet`	$180.67M	USD	1 Quarter
Gain on remeasurement of U.S. denominated intercompany loans	`ForeignCurrencyTransactionGainLossBeforeTax`	$38.75M	USD	3 Qtrs
Gain 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`	$65.83M	USD	3 Qtrs
Non-cash asset impairment and decommission costs	`NoncashAssetImpairmentAndDecommissionCosts`	$25.20M	USD	3 Qtrs
Non-cash asset impairment and decommission costs	`NoncashAssetImpairmentAndDecommissionCosts`	$81.07M	USD	3 Qtrs
Deferred and non-cash income tax (benefit) provision	`DeferredIncomeTaxExpenseBenefit`	$-1.46M	USD	3 Qtrs
Deferred and non-cash income tax (benefit) provision	`DeferredIncomeTaxExpenseBenefit`	$15.53M	USD	3 Qtrs
Other non-cash items reflected in the Statements of Operations	`OtherNoncashIncomeExpense`	$-61.33M	USD	3 Qtrs
Other non-cash items reflected in the Statements of Operations	`OtherNoncashIncomeExpense`	$-55.01M	USD	3 Qtrs
Accounts receivable and costs and estimated earnings in excess of billings on uncompleted contracts, net	`IncreaseDecreaseInAccountsAndOtherReceivables`	$33.90M	USD	3 Qtrs
Accounts receivable and costs and estimated earnings in excess of billings on uncompleted contracts, net	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-58.67M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$23.50M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$31.45M	USD	3 Qtrs
Operating lease right-of-use assets, net	`IncreaseDecreaseInOperatingLeaseRightOfUseAsset`	$104.77M	USD	3 Qtrs
Operating lease right-of-use assets, net	`IncreaseDecreaseInOperatingLeaseRightOfUseAsset`	$111.31M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$13.06M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-18.26M	USD	3 Qtrs
Accrued interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$23.98M	USD	3 Qtrs
Accrued interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$23.77M	USD	3 Qtrs
Long-term lease liabilities	`IncreaseDecreaseInLongTermLeaseLiability`	$-103.81M	USD	3 Qtrs
Long-term lease liabilities	`IncreaseDecreaseInLongTermLeaseLiability`	$-96.09M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$10.33M	USD	3 Qtrs
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$21.50M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$997.07M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.11B	USD	3 Qtrs
Acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$65.14M	USD	1 Quarter
Acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$418.72M	USD	3 Qtrs
Acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$53.11M	USD	1 Quarter
Acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$92.85M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$173.98M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$148.35M	USD	3 Qtrs
Purchase of investments	`PaymentsToAcquireInvestments`	$1.01B	USD	3 Qtrs
Purchase of investments	`PaymentsToAcquireInvestments`	$506.58M	USD	3 Qtrs
Proceeds from sale of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$1.01B	USD	3 Qtrs
Proceeds from sale of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$482.83M	USD	3 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$496.00K	USD	3 Qtrs
Other investing activities	`PaymentsForProceedsFromOtherInvestingActivities`	$94.91M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-591.31M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-361.88M	USD	3 Qtrs
Borrowings under Revolving Credit Facility	`ProceedsFromLongTermLinesOfCredit`	$190.00M	USD	3 Qtrs
Borrowings under Revolving Credit Facility	`ProceedsFromLongTermLinesOfCredit`	$330.00M	USD	3 Qtrs
Repayments under Revolving Credit Facility	`RepaymentsOfLongTermLinesOfCredit`	$540.00M	USD	3 Qtrs
Repayments under Revolving Credit Facility	`RepaymentsOfLongTermLinesOfCredit`	$270.00M	USD	3 Qtrs
Repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$53.65M	USD	3 Qtrs
Repurchase and retirement of common stock	`PaymentsForRepurchaseOfCommonStock`	$431.67M	USD	3 Qtrs
Payment of dividends on common stock	`PaymentsOfDividends`	$278.20M	USD	3 Qtrs
Payment of dividends on common stock	`PaymentsOfDividends`	$230.10M	USD	3 Qtrs
Proceeds from employee stock purchase/stock option plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$21.06M	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`	$9.90M	USD	3 Qtrs
Payments related to taxes on stock options and restricted stock units	`PaymentStockOptionNetShareSettlements`	$27.47M	USD	3 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$-17.40M	USD	3 Qtrs
Other financing activities	`ProceedsFromPaymentsForOtherFinancingActivities`	$11.86M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-566.07M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-705.66M	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`	$-1.44M	USD	3 Qtrs
NET CHANGE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$42.80M	USD	3 Qtrs
NET CHANGE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-155.75M	USD	3 Qtrs
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$232.08M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$435.63M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$279.87M	USD	Point-in-time
Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$189.28M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$232.08M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$435.63M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$279.87M	USD	Point-in-time
End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$189.28M	USD	Point-in-time
Interest	`InterestPaidNet`	$325.80M	USD	3 Qtrs
Interest	`InterestPaidNet`	$277.22M	USD	3 Qtrs
Income taxes	`IncomeTaxesPaid`	$20.29M	USD	3 Qtrs
Income taxes	`IncomeTaxesPaid`	$18.85M	USD	3 Qtrs
Right-of-use assets obtained in exchange for new operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$46.91M	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`	$15.68M	USD	3 Qtrs
Operating lease modifications and reassessments	`OperatingLeaseModificationsAndReassessments`	$36.18M	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`	$1.95M	USD	3 Qtrs

Stockholders Equity 47 line items

Line Item	Tag	Value	Unit	Period
BALANCE	`StockholdersEquity`	$-5.36B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-5.09B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-5.44B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-5.28B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-5.28B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-5.17B	USD	Point-in-time
BALANCE, Shares	`CommonStockSharesOutstanding`	108.00M	shares	Point-in-time
BALANCE, Shares	`CommonStockSharesOutstanding`	108.12M	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`	$100.01M	USD	1 Quarter
Net income attributable to SBA Communications Corporation	`NetIncomeLoss`	$392.28M	USD	3 Qtrs
Net income attributable to SBA Communications Corporation	`NetIncomeLoss`	$87.42M	USD	1 Quarter
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`	$1.66M	USD	1 Quarter
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`	$-6.41M	USD	3 Qtrs
Non-cash stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$21.79M	USD	1 Quarter
Non-cash stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$26.02M	USD	1 Quarter
Non-cash stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$75.57M	USD	3 Qtrs
Non-cash stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$67.11M	USD	3 Qtrs
Adjustments related to interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$162.49M	USD	3 Qtrs
Adjustments related to interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-16.56M	USD	3 Qtrs
Adjustments related to interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$53.34M	USD	1 Quarter
Adjustments related to interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-9.49M	USD	1 Quarter
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$53.65M	USD	1 Quarter
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$431.67M	USD	3 Qtrs
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$53.65M	USD	3 Qtrs
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`	$12.77M	USD	3 Qtrs
Foreign currency translation adjustments attributable to SBA Communications Corporation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-29.25M	USD	1 Quarter
Foreign currency translation adjustments attributable to SBA Communications Corporation	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-14.08M	USD	3 Qtrs
Dividends and dividend equivalents on common stock	`Dividends`	$92.66M	USD	1 Quarter
Dividends and dividend equivalents on common stock	`Dividends`	$278.30M	USD	3 Qtrs
Dividends and dividend equivalents on common stock	`Dividends`	$77.06M	USD	1 Quarter
Dividends and dividend equivalents on common stock	`Dividends`	$231.20M	USD	3 Qtrs
Adjustment to redemption amount related to noncontrolling interests	`AdjustmentsToAdditionalPaidInCapitalOther`	$-7.41M	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`	$-24.50M	USD	3 Qtrs
Adjustment to redemption amount related to noncontrolling interests	`AdjustmentsToAdditionalPaidInCapitalOther`	$27.00K	USD	1 Quarter
BALANCE	`StockholdersEquity`	$-5.36B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-5.09B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-5.44B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-5.28B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-5.28B	USD	Point-in-time
BALANCE	`StockholdersEquity`	$-5.17B	USD	Point-in-time
BALANCE, Shares	`CommonStockSharesOutstanding`	108.00M	shares	Point-in-time
BALANCE, Shares	`CommonStockSharesOutstanding`	108.12M	shares	Point-in-time

Comprehensive Income 24 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$387.89M	USD	3 Qtrs
Net income	`ProfitLoss`	$99.76M	USD	1 Quarter
Net income	`ProfitLoss`	$85.36M	USD	1 Quarter
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`	$-16.56M	USD	3 Qtrs
Adjustments related to interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$53.34M	USD	1 Quarter
Adjustments related to interest rate swaps	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax`	$-9.49M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$11.87M	USD	3 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-29.69M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-40.76M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-14.28M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$112.34M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$505.44M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$46.19M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$383.19M	USD	3 Qtrs
Comprehensive loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-2.50M	USD	1 Quarter
Comprehensive loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-5.30M	USD	3 Qtrs
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`	$388.49M	USD	3 Qtrs
Comprehensive income attributable to SBA Communications Corporation	`ComprehensiveIncomeNetOfTax`	$506.56M	USD	3 Qtrs
Comprehensive income attributable to SBA Communications Corporation	`ComprehensiveIncomeNetOfTax`	$48.68M	USD	1 Quarter
Comprehensive income attributable to SBA Communications Corporation	`ComprehensiveIncomeNetOfTax`	$112.59M	USD	1 Quarter

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