Quarterly Financial Information Restatement of Statement of Operations (Tables)

3 Months Ended

6 Months Ended

9 Months Ended

12 Months Ended

Sep. 30, 2019

Jun. 30, 2019

Mar. 31, 2019

Dec. 31, 2018

Sep. 30, 2018

Jun. 30, 2018

Mar. 31, 2018

Jun. 30, 2019

Jun. 30, 2018

Sep. 30, 2019

Sep. 30, 2018

Dec. 31, 2019

Dec. 31, 2018

Dec. 31, 2017

Condensed Income Statement [Table Text Block]

	Three Months Ended September 30, 2019
	As Reported		Restatement Adjustments			Other Adjustments			As Restated
Net revenues:
Site rental	$	1,260	$	27		$	—		$	1,287
Services and other	254		(57		)	(2		)	195
Net revenues	1,514		(30		)	(2		)	1,482
Operating expenses:
Costs of operations(a):
Services and other	147		—			(1		)	146
Depreciation, amortization and accretion	389		—			(1		)	388
Total operating expenses	1,061		—			(2		)	1,059
Operating income (loss)	453		(30		)	—			423
Income (loss) before income taxes	277		(30		)	—			247
Net income (loss) attributable to CCIC stockholders	272		(30		)	—			242
Net income (loss) attributable to CCIC common stockholders	$	244	$	(30	)	$	—		$	214
Net income (loss)	$	272	$	(30	)	$	—		$	242
Comprehensive income (loss) attributable to CCIC stockholders	$	272	$	(30	)	$	—		$	242
Net income (loss) attributable to CCIC common stockholders, per common share:
Net income (loss) attributable to CCIC common stockholders - basic	$	0.59	$	(0.08	)	$	—		$	0.51
Net income (loss) attributable to CCIC common stockholders - diluted	$	0.58	$	(0.07	)	$	—		$	0.51

	Six Months Ended June 30, 2019
	As Reported		Restatement Adjustments			Other Adjustments			As Restated
Net revenues:
Site rental	$	2,457	$	48		$	—		$	2,505
Services and other	447		(95		)	(2		)	350
Net revenues	2,904		(47		)	(2		)	2,855
Operating expenses:
Costs of operations(a):
Services and other	263		—			(2		)	261
Total operating expenses	2,101		—			(2		)	2,099
Operating income (loss)	803		(47		)	—			756
Income (loss) before income taxes	466		(47		)	—			419
Net income (loss) attributable to CCIC stockholders	456		(47		)	—			409
Net income (loss) attributable to CCIC common stockholders	$	399	$	(47	)	$	—		$	352
Net income (loss)	$	456	$	(47	)	$	—		$	409
Comprehensive income (loss) attributable to CCIC stockholders	$	456	$	(47	)	$	—		$	409
Net income (loss) attributable to CCIC common stockholders, per common share:
Net income (loss) attributable to CCIC common stockholders - basic	$	0.96	$	(0.11	)	$	—		$	0.85
Net income (loss) attributable to CCIC common stockholders - diluted	$	0.95	$	(0.11	)	$	—		$	0.84

	Three Months Ended June 30, 2019
	As Reported		Restatement Adjustments			Other Adjustments			As Restated
Net revenues:
Site rental	$	1,238	$	25		$	—		$	1,263
Services and other	240		(55		)	(1		)	184
Net revenues	1,478		(30		)	(1		)	1,447
Operating expenses:
Costs of operations(a):
Services and other	138		—			(1		)	137
Total operating expenses	1,059		—			(1		)	1,058
Operating income (loss)	419		(30		)	—			389
Income (loss) before income taxes	250		(30		)	—			220
Net income (loss) attributable to CCIC stockholders	246		(30		)	—			216
Net income (loss) attributable to CCIC common stockholders	$	218	$	(30	)	$	—		$	188
Net income (loss)	$	246	$	(30	)	$	—		$	216
Comprehensive income (loss) attributable to CCIC stockholders	$	246	$	(30	)	$	—		$	216
Net income (loss) attributable to CCIC common stockholders, per common share:
Net income (loss) attributable to CCIC common stockholders - basic	$	0.52	$	(0.07	)	$	—		$	0.45
Net income (loss) attributable to CCIC common stockholders - diluted	$	0.52	$	(0.07	)	$	—		$	0.45

	Three Months Ended March 31, 2019
	As Reported		Restatement Adjustments			Other Adjustments			As Restated
Net revenues:
Site rental	$	1,219	$	23		$	—		$	1,242
Services and other	207		(40		)	(1		)	166
Net revenues	1,426		(17		)	(1		)	1,408
Operating expenses:
Costs of operations(a):
Services and other	125		—			(1		)	124
Total operating expenses	1,042		—			(1		)	1,041
Operating income (loss)	384		(17		)	—			367
Income (loss) before income taxes	216		(17		)	—			199
Net income (loss) attributable to CCIC stockholders	210		(17		)	—			193
Net income (loss) attributable to CCIC common stockholders	$	182	$	(17	)	$	—		$	165
Net income (loss)	$	210	$	(17	)	$	—		$	193
Comprehensive income (loss) attributable to CCIC stockholders	$	210	$	(17	)	$	—		$	193
Net income (loss) attributable to CCIC common stockholders, per common share:
Net income (loss) attributable to CCIC common stockholders - basic	$	0.44	$	(0.04	)	$	—		$	0.40
Net income (loss) attributable to CCIC common stockholders - diluted	$	0.44	$	(0.04	)	$	—		$	0.40

	Three Months Ended December 31, 2018
	As Reported		Restatement Adjustments			Other Adjustments			As Restated
Net revenues:
Site rental	$	1,209	$	22		$	—		$	1,231
Services and other	210		(35		)	—			175
Net revenues	1,419		(13		)	—			1,406
Operating expenses:
Depreciation, amortization and accretion	390		—			(1		)	389
Total operating expenses	1,040		—			(1		)	1,039
Operating income (loss)	379		(13		)	1			367
Income (loss) before income taxes	218		(13		)	1			206
Net income (loss) attributable to CCIC stockholders	213		(13		)	1			201
Net income (loss) attributable to CCIC common stockholders	$	185	$	(13	)	$	1		$	173
Net income (loss)	$	213	$	(13	)	$	1		$	201
Comprehensive income (loss) attributable to CCIC stockholders	$	213	$	(13	)	$	1		$	201
Net income (loss) attributable to CCIC common stockholders, per common share:
Net income (loss) attributable to CCIC common stockholders - basic	$	0.45	$	(0.03	)	$	—		$	0.42
Net income (loss) attributable to CCIC common stockholders - diluted	$	0.44	$	(0.02	)	$	—		$	0.42

	Nine Months Ended September 30, 2018
	As Reported		Restatement Adjustments			Other Adjustments			As Restated
Net revenues:
Site rental	$	3,507	$	58		$	—		$	3,565
Services and other	497		(93		)	(5		)	399
Net revenues	4,004		(35		)	(5		)	3,964
Operating expenses:
Costs of operations(a):
Services and other	304		—			(3		)	301
Total operating expenses	2,953		—			(3		)	2,950
Operating income (loss)	1,051		(35		)	(2		)	1,014
Income (loss) before income taxes	471		(35		)	(2		)	434
Net income (loss) attributable to CCIC stockholders	458		(35		)	(2		)	421
Net income (loss) attributable to CCIC common stockholders	$	373	$	(35	)	$	(2	)	$	336
Net income (loss)	$	458	$	(35	)	$	(2	)	$	421
Comprehensive income (loss) attributable to CCIC stockholders	$	457	$	(35	)	$	(2	)	$	420
Net income (loss) attributable to CCIC common stockholders, per common share:
Net income (loss) attributable to CCIC common stockholders - basic	$	0.90	$	(0.09	)	$	—		$	0.81
Net income (loss) attributable to CCIC common stockholders - diluted	$	0.90	$	(0.09	)	$	—		$	0.81

	Three Months Ended September 30, 2018
	As Reported		Restatement Adjustments			Other Adjustments			As Restated
Net revenues:
Site rental	$	1,184	$	21		$	—		$	1,205
Services and other	191		(33		)	(2		)	156
Net revenues	1,375		(12		)	(2		)	1,361
Operating expenses:
Costs of operations(a):
Services and other	119		—			(1		)	118
Total operating expenses	1,016		—			(1		)	1,015
Operating income (loss)	359		(12		)	(1		)	346
Income (loss) before income taxes	169		(12		)	(1		)	156
Net income (loss) attributable to CCIC stockholders	164		(12		)	(1		)	151
Net income (loss) attributable to CCIC common stockholders	$	136	$	(12	)	$	(1	)	$	123
Net income (loss)	$	164	$	(12	)	$	(1	)	$	151
Comprehensive income (loss) attributable to CCIC stockholders	$	164	$	(12	)	$	(1	)	$	151
Net income (loss) attributable to CCIC common stockholders, per common share:
Net income (loss) attributable to CCIC common stockholders - basic	$	0.33	$	(0.03	)	$	—		$	0.30
Net income (loss) attributable to CCIC common stockholders - diluted	$	0.33	$	(0.03	)	$	—		$	0.30

	Six Months Ended June 30, 2018
	As Reported		Restatement Adjustments			Other Adjustments			As Restated
Net revenues:
Site rental	$	2,323	$	37		$	—		$	2,360
Services and other	307		(60		)	(3		)	244
Net revenues	2,630		(23		)	(3		)	2,604
Operating expenses:
Costs of operations(a):
Services and other	185		—			(2		)	183
Total operating expenses	1,936		—			(2		)	1,934
Operating income (loss)	694		(23		)	(1		)	670
Income (loss) before income taxes	303		(23		)	(1		)	279
Net income (loss) attributable to CCIC stockholders	294		(23		)	(1		)	270
Net income (loss) attributable to CCIC common stockholders	$	237	$	(23	)	$	(1	)	$	213
Net income (loss)	$	294	$	(23	)	$	(1	)	$	270
Comprehensive income (loss) attributable to CCIC stockholders	$	293	$	(23	)	$	(1	)	$	269
Net income (loss) attributable to CCIC common stockholders, per common share:
Net income (loss) attributable to CCIC common stockholders - basic	$	0.58	$	(0.06	)	$	—		$	0.52
Net income (loss) attributable to CCIC common stockholders - diluted	$	0.57	$	(0.05	)	$	—		$	0.52

	Three Months Ended March 31, 2018
	As Reported		Restatement Adjustments			Other Adjustments			As Restated
Net revenues:
Site rental	$	1,153	$	18		$	—		$	1,171
Services and other	146		(32		)	(1		)	113
Net revenues	1,299		(14		)	(1		)	1,284
Operating expenses:
Costs of operations(a):
Services and other	86		—			(1		)	85
Total operating expenses	950		—			(1		)	949
Operating income (loss)	349		(14		)	—			335
Income (loss) before income taxes	118		(14		)	—			104
Net income (loss) attributable to CCIC stockholders	114		(14		)	—			100
Net income (loss) attributable to CCIC common stockholders	$	86	$	(14	)	$	—		$	72
Net income (loss)	$	114	$	(14	)	$	—		$	100
Comprehensive income (loss) attributable to CCIC stockholders	$	114	$	(14	)	$	—		$	100
Net income (loss) attributable to CCIC common stockholders, per common share:
Net income (loss) attributable to CCIC common stockholders - basic	$	0.21	$	(0.03	)	$	—		$	0.18
Net income (loss) attributable to CCIC common stockholders - diluted	$	0.21	$	(0.03	)	$	—		$	0.18

(a)

Exclusive of depreciation, amortization and accretion shown se

	Six Months Ended June 30, 2019
	As Reported		Restatement Adjustments			Other Adjustments			As Restated
Net revenues:
Site rental	$	2,457	$	48		$	—		$	2,505
Services and other	447		(95		)	(2		)	350
Net revenues	2,904		(47		)	(2		)	2,855
Operating expenses:
Costs of operations(a):
Services and other	263		—			(2		)	261
Total operating expenses	2,101		—			(2		)	2,099
Operating income (loss)	803		(47		)	—			756
Income (loss) before income taxes	466		(47		)	—			419
Net income (loss) attributable to CCIC stockholders	456		(47		)	—			409
Net income (loss) attributable to CCIC common stockholders	$	399	$	(47	)	$	—		$	352
Net income (loss)	$	456	$	(47	)	$	—		$	409
Comprehensive income (loss) attributable to CCIC stockholders	$	456	$	(47	)	$	—		$	409
Net income (loss) attributable to CCIC common stockholders, per common share:
Net income (loss) attributable to CCIC common stockholders - basic	$	0.96	$	(0.11	)	$	—		$	0.85
Net income (loss) attributable to CCIC common stockholders - diluted	$	0.95	$	(0.11	)	$	—		$	0.84

	Six Months Ended June 30, 2018
	As Reported		Restatement Adjustments			Other Adjustments			As Restated
Net revenues:
Site rental	$	2,323	$	37		$	—		$	2,360
Services and other	307		(60		)	(3		)	244
Net revenues	2,630		(23		)	(3		)	2,604
Operating expenses:
Costs of operations(a):
Services and other	185		—			(2		)	183
Total operating expenses	1,936		—			(2		)	1,934
Operating income (loss)	694		(23		)	(1		)	670
Income (loss) before income taxes	303		(23		)	(1		)	279
Net income (loss) attributable to CCIC stockholders	294		(23		)	(1		)	270
Net income (loss) attributable to CCIC common stockholders	$	237	$	(23	)	$	(1	)	$	213
Net income (loss)	$	294	$	(23	)	$	(1	)	$	270
Comprehensive income (loss) attributable to CCIC stockholders	$	293	$	(23	)	$	(1	)	$	269
Net income (loss) attributable to CCIC common stockholders, per common share:
Net income (loss) attributable to CCIC common stockholders - basic	$	0.58	$	(0.06	)	$	—		$	0.52
Net income (loss) attributable to CCIC common stockholders - diluted	$	0.57	$	(0.05	)	$	—		$	0.52

(a) Exclusive of depreciation, amortization and accretion shown separately.

The following tables illustrate the Historical Adjustments, where applicable, on the Company’s condensed consolidated statement of operations and comprehensive income (loss) for each period presented. Only line items impacted by the Historical Adjustments are presented, and as such, components will not sum to totals. The sum of quarterly information may not agree to year-to-date information due to rounding.

	Nine Months Ended September 30, 2019
	As Reported		Restatement Adjustments			Other Adjustments			As Restated
Net revenues:
Site rental	$	3,718	$	75		$	—		$	3,793
Services and other	700		(152		)	(4		)	544
Net revenues	4,418		(77		)	(4		)	4,337
Operating expenses:
Costs of operations(a):
Services and other	410		—			(3		)	407
Depreciation, amortization and accretion	1,176		—			(1		)	1,175
Total operating expenses	3,161		—			(4		)	3,157
Operating income (loss)	1,257		(77		)	—			1,180
Income (loss) before income taxes	744		(77		)	—			667
Net income (loss) attributable to CCIC stockholders	729		(77		)	—			652
Net income (loss) attributable to CCIC common stockholders	$	644	$	(77	)	$	—		$	567
Net income (loss)	$	729	$	(77	)	$	—		$	652
Comprehensive income (loss) attributable to CCIC stockholders	$	729	$	(77	)	$	—		$	652
Net income (loss) attributable to CCIC common stockholders, per common share:
Net income (loss) attributable to CCIC common stockholders - basic	$	1.55	$	(0.19	)	$	—		$	1.36
Net income (loss) attributable to CCIC common stockholders - diluted	$	1.54	$	(0.18	)	$	—		$	1.36

	Nine Months Ended September 30, 2018
	As Reported		Restatement Adjustments			Other Adjustments			As Restated
Net revenues:
Site rental	$	3,507	$	58		$	—		$	3,565
Services and other	497		(93		)	(5		)	399
Net revenues	4,004		(35		)	(5		)	3,964
Operating expenses:
Costs of operations(a):
Services and other	304		—			(3		)	301
Total operating expenses	2,953		—			(3		)	2,950
Operating income (loss)	1,051		(35		)	(2		)	1,014
Income (loss) before income taxes	471		(35		)	(2		)	434
Net income (loss) attributable to CCIC stockholders	458		(35		)	(2		)	421
Net income (loss) attributable to CCIC common stockholders	$	373	$	(35	)	$	(2	)	$	336
Net income (loss)	$	458	$	(35	)	$	(2	)	$	421
Comprehensive income (loss) attributable to CCIC stockholders	$	457	$	(35	)	$	(2	)	$	420
Net income (loss) attributable to CCIC common stockholders, per common share:
Net income (loss) attributable to CCIC common stockholders - basic	$	0.90	$	(0.09	)	$	—		$	0.81
Net income (loss) attributable to CCIC common stockholders - diluted	$	0.90	$	(0.09	)	$	—		$	0.81

	September 30, 2019						June 30, 2019						March 31, 2019
	Three Months Ended			Nine Months Ended			Three Months Ended			Six Months Ended			Three Months Ended
	(As Restated)
Net revenues:
Site rental	$	1,287		$	3,793		$	1,263		$	2,505		$	1,242
Services and other	195			544			184			350			166
Net revenues	1,482			4,337			1,447			2,855			1,408
Operating expenses:
Costs of operations(a):
Site rental	369			1,095			365			726			361
Services and other	146			407			137			261			124
Selling, general and administrative	150			457			155			307			152
Asset write-down charges	2			13			6			12			6
Acquisition and integration costs	4			10			2			6			4
Depreciation, amortization and accretion	388			1,175			393			787			394
Total operating expenses	1,059			3,157			1,058			2,099			1,041
Operating income (loss)	423			1,180			389			756			367
Interest expense and amortization of deferred financing costs	(173		)	(510		)	(169		)	(337		)	(168		)
Gains (losses) on retirement of long-term obligations	—			(2		)	(1		)	(2		)	(1		)
Interest income	2			5			1			3			2
Other income (expense)	(5		)	(6		)	—			(1		)	(1		)
Income (loss) before income taxes	247			667			220			419			199
Benefit (provision) for income taxes	(5		)	(15		)	(4		)	(10		)	(6		)
Net income (loss) attributable to CCIC stockholders	242			652			216			409			193
Dividends/distributions on preferred stock	(28		)	(85		)	(28		)	(57		)	(28		)
Net income (loss) attributable to CCIC common stockholders	214			567			188			352			165
Net income (loss)	242			652			216			409			193
Other comprehensive income (loss):
Foreign currency translation adjustments	—			—			—			—			—
Total other comprehensive income (loss)	—			—			—			—			—
Comprehensive income (loss) attributable to CCIC stockholders	$	242		$	652		$	216		$	409		$	193
Net income (loss) attributable to CCIC common stockholders, per common share:
Net income (loss) attributable to CCIC common stockholders - basic	$	0.51		$	1.36		$	0.45		$	0.85		$	0.40
Net income (loss) attributable to CCIC common stockholders - diluted	$	0.51		$	1.36		$	0.45		$	0.84		$	0.40
Weighted-average common shares outstanding:
Basic	416			416			416			415			415
Diluted	418			418			418			417			417

(a) Exclusive of depreciation, amortization and accretion shown separately.

	Year Ended December 31, 2018
	As Reported		Restatement Adjustments			Other Adjustments			As Restated
Net revenues:
Site rental	$	4,716	$	80		$	—		$	4,796
Services and other	707		(128		)	(5		)	574
Net revenues	5,423		(48		)	(5		)	5,370
Operating expenses:
Costs of operations(a):
Services and other	437		—			(3		)	434
Depreciation, amortization and accretion	1,528		—			(1		)	1,527
Total operating expenses	3,991		—			(4		)	3,987
Operating income (loss)	1,432		(48		)	(1		)	1,383
Income (loss) before income taxes	690		(48		)	(1		)	641
Net income (loss) attributable to CCIC stockholders	671		(48		)	(1		)	622
Net income (loss) attributable to CCIC common stockholders	$	558	$	(48	)	$	(1	)	$	509
Net income (loss)	$	671	$	(48	)	$	(1	)	$	622
Comprehensive income (loss) attributable to CCIC stockholders	$	670	$	(48	)	$	(1	)	$	621
Net income (loss) attributable to CCIC common stockholders, per common share:
Net income (loss) attributable to CCIC common stockholders - basic	$	1.35	$	(0.12	)	$	—		$	1.23
Net income (loss) attributable to CCIC common stockholders - diluted	$	1.34	$	(0.11	)	$	—		$	1.23

	December 31, 2018			September 30, 2018						June 30, 2018						March 31, 2018
	Three Months Ended			Three Months Ended			Nine Months Ended			Three Months Ended			Six Months Ended			Three Months Ended
	(As Restated)
Net revenues:
Site rental	$	1,231		$	1,205		$	3,565		$	1,188		$	2,360		$	1,171
Services and other	175			156			399			131			244			113
Net revenues	1,406			1,361			3,964			1,319			2,604			1,284
Operating expenses:
Costs of operations(a):
Site rental	353			355			1,057			355			702			347
Services and other	135			118			301			98			183			85
Selling, general and administrative	145			145			418			138			273			134
Asset write-down charges	8			8			18			6			9			3
Acquisition and integration costs	9			4			18			8			14			6
Depreciation, amortization and accretion	389			385			1,138			379			753			374
Total operating expenses	1,039			1,015			2,950			984			1,934			949
Operating income (loss)	367			346			1,014			335			670			335
Interest expense and amortization of deferred financing costs	(164		)	(160		)	(478		)	(158		)	(318		)	(160		)
Gains (losses) on retirement of long-term obligations	—			(32		)	(106		)	(3		)	(74		)	(71		)
Interest income	2			1			4			1			2			1
Other income (expense)	1			1			—			—			(1		)	(1		)
Income (loss) before income taxes	206			156			434			175			279			104
Benefit (provision) for income taxes	(5		)	(5		)	(13		)	(5		)	(9		)	(4		)
Net income (loss) attributable to CCIC stockholders	201			151			421			170			270			100
Dividends/distributions on preferred stock	(28		)	(28		)	(85		)	(28		)	(57		)	(28		)
Net income (loss) attributable to CCIC common stockholders	173			123			336			142			213			72
Net income (loss)	201			151			421			170			270			100
Other comprehensive income (loss):
Foreign currency translation adjustments	—			—			(1		)	(1		)	(1		)	—
Total other comprehensive income (loss)	—			—			(1		)	(1		)	(1		)	—
Comprehensive income (loss) attributable to CCIC stockholders	$	201		$	151		$	420		$	169		$	269		$	100
Net income (loss) attributable to CCIC common stockholders, per common share:
Net income (loss) attributable to CCIC common stockholders - basic	$	0.42		$	0.30		$	0.81		$	0.34		$	0.52		$	0.18
Net income (loss) attributable to CCIC common stockholders - diluted	$	0.42		$	0.30		$	0.81		$	0.34		$	0.52		$	0.18
Weighted-average common shares outstanding:
Basic	415			415			413			415			412			409
Diluted	417			416			414			416			413			410

(a)

Exclusive of depreciation, amortization and accretion shown separately.

	Year Ended December 31, 2017
	As Reported		Restatement Adjustments			Other Adjustments			As Restated
Net revenues:
Site rental	$	3,669	$	65		$	—		$	3,734
Services and other	687		(124		)	(42		)	521
Net revenues	4,356		(59		)	(42		)	4,255
Operating expenses:
Costs of operations(a):
Services and other	420		—			(21		)	399
Depreciation, amortization and accretion	1,242		—			(1		)	1,241
Total operating expenses	3,310		—			(22		)	3,288
Operating income (loss)	1,046		(59		)	(20		)	967
Income (loss) before income taxes	471		(59		)	(20		)	392
Net income (loss) attributable to CCIC stockholders	445		(59		)	(20		)	366
Net income (loss) attributable to CCIC common stockholders	$	387	$	(59	)	$	(20	)	$	308
Net income (loss)	$	445	$	(59	)	$	(20	)	$	366
Comprehensive income (loss) attributable to CCIC stockholders	$	447	$	(59	)	$	(20	)	$	368
Net income (loss) attributable to CCIC common stockholders, per common share:
Net income (loss) attributable to CCIC common stockholders - basic	$	1.01	$	(0.16	)	$	(0.05	)	$	0.80
Net income (loss) attributable to CCIC common stockholders - diluted	$	1.01	$	(0.16	)	$	(0.05	)	$	0.80

(a)

Exclusive of depreciation, amortization and accretion shown separately.