Acquisitions (Tables)

3 Months Ended

Mar. 31, 2017

Schedule Of Acquisition Capital Expenditures



	For the three months
	ended March 31,
	2017		2016

	(in thousands)
Towers and related intangible assets	$	31,147	$	74,844
Land buyouts and other assets (1)		11,504		16,988
Total cash acquisition capital expenditures	$	42,651	$	91,832

(1)

In addition, the Company paid $2.7 million and $3.6 million for ground lease extensions during the three months ended March 31, 2017 and 2016, respectively. The Company recorded these amounts in prepaid rent on its Consolidated Balance Sheets.

The Company’s acquisitions generally qualify for asset acquisition treatment under ASC 360, Property, Plant, and Equipment, rather than business combination treatment under ASC 805 Business Combinations. For acquisitions which qualify as asset acquisitions, the aggregate purchase price is allocated on a relative fair value basis to non-current, non-financial assets.