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Property and Equipment, Net (Tables)
12 Months Ended
Dec. 31, 2023
Property and Equipment, Net [Abstract]  
Property and Equipment, Net (Including Assets Held Under Capital Leases)

As of

As of

December 31, 2023

December 31, 2022

(in thousands)

Towers and related assets (1)

$

5,850,608

$

5,650,902

Construction-in-process (2)

105,627

77,564

Furniture, equipment, and vehicles

76,031

67,403

Land, buildings, and improvements

927,235

889,293

Total property and equipment

6,959,501

6,685,162

Less: accumulated depreciation

(4,247,782)

(3,971,435)

Property and equipment, net

$

2,711,719

$

2,713,727

(1)Includes amounts related to the Company’s data centers.

(2)Construction-in-process represents costs incurred related to towers and other assets that are under development and will be used in the Company’s site leasing operations.