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Condensed Consolidated Statement of Operations and Comprehensive Income (Loss) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Net revenues:        
Site rental $ 538,761 $ 468,920 $ 1,553,878 $ 1,382,219
Network services and other 82,576 44,963 204,715 131,039
Net revenues 621,337 513,883 1,758,593 1,513,258
Operating expenses:        
Site rental 135,314 [1] 121,759 [1] 389,756 [1] 361,317 [1]
Network services and other 50,029 [1] 25,083 [1] 121,812 [1] 78,213 [1]
General and administrative 55,862 42,922 153,941 128,925
Asset write-down charges 1,560 3,090 8,250 13,696
Acquisition and integration costs 2,937 617 12,112 1,661
Depreciation, amortization and accretion 154,867 138,523 446,749 413,987
Total operating expenses 400,569 331,994 1,132,620 997,799
Operating income (loss) 220,768 181,889 625,973 515,459
Interest expense and amortization of deferred financing costs (144,949) (127,119) (427,361) (380,288)
Gains (losses) on retirement of long-term obligations 0 0 (14,586) 0
Interest income 291 175 1,027 554
Other income (expense) (632) (737) (3,958) (5,441)
Income (loss) before income taxes 75,478 54,208 181,095 130,284
Benefit (provision) for income taxes (32,300) (2,825) 29,437 (7,763)
Net income (loss) 43,178 51,383 210,532 122,521
Less: Net income (loss) attributable to the noncontrolling interest 1,133 105 2,443 355
Net income (loss) attributable to CCIC stockholders 42,045 51,278 208,089 122,166
Dividends on preferred stock 0 (7,541) (2,629) (17,944)
Net income (loss) attributable to CCIC stockholders after deduction of dividends on preferred stock 42,045 43,737 205,460 104,222
Net income (loss) 43,178 51,383 210,532 122,521
Available-for-sale securities, net of tax of $0, $0, $0 and $0, respectively:        
Unrealized gains (losses) on available-for-sale securities, net of taxes 0 0 0 (7,537)
Derivative instruments net of taxes of $5,712, $0, $11,415 and $0, respectively:        
Net change in fair value of cash flow hedging instruments, net of taxes 0 (43) 0 (893)
Amounts reclassified into results of operations, net of taxes 10,594 17,986 37,541 53,834
Foreign currency translation adjustments 6,876 (16,816) 7,120 (6,662)
Total other comprehensive income (loss) 17,470 [2] 1,127 [2] 44,661 [2] 38,742 [2]
Comprehensive income (loss) 60,648 52,510 255,193 161,263
Less: Comprehensive income (loss) attributable to the noncontrolling interest 1,171 88 1,741 721
Comprehensive income (loss) attributable to CCIC stockholders $ 59,477 $ 52,422 $ 253,452 $ 160,542
Net income (loss) attributable to CCIC common stockholders, after deduction of dividends on preferred stock, per common share:        
Basic $ 0.14 $ 0.16 $ 0.71 $ 0.37
Diluted $ 0.14 $ 0.15 $ 0.71 $ 0.36
Weighted-average common shares outstanding (in thousands):        
Basic 290,762 282,031 288,775 284,770
Diluted 292,098 283,899 290,527 286,868
[1] Exclusive of depreciation, amortization and accretion shown separately.
[2] See the statement of operations and other comprehensive income (loss) for the allocation of the components of "other comprehensive income (loss)."