Acquisitions (Tables)

9 Months Ended

Sep. 30, 2019

Business Combinations [Abstract]

Schedule of final allocation of total purchase consideration

A summary of the final allocation of total purchase consideration is presented as follows (in thousands):

	Metronode			Infomart Dallas
Cash and cash equivalents	$	3,206		$	17,432
Accounts receivable	8,318			637
Other current assets	9,421			395
Property, plant, and equipment	297,092			362,023
Intangible assets	128,229			65,847
Goodwill	410,188			197,378
Other assets (1)	44,373			—
Total assets acquired	900,827			643,712
Accounts payable and accrued liabilities	(17,104		)	(5,056		)
Other current liabilities	(2,038		)	(2,141		)
Deferred tax liabilities	(31,281		)	—
Other liabilities (1)	(45,851		)	(4,723		)
Net assets acquired	$	804,553		$	631,792

⁽¹⁾ 

In connection with the Metronode Acquisition, the Company recorded indemnification assets of $44.4 million, which represented the seller's obligation under the purchase agreement to reimburse pre-acquisition tax liabilities settled after the acquisition.

Schedule of acquired intangible assets

The following table presents certain information on the acquired intangible assets (in thousands):

Intangible Assets	Fair Value		Estimated Useful Lives (Years)	Weighted-average Estimated Useful Lives (Years)
Customer relationships (Metronode)	$	128,229	20.0	20.0
Customer relationships (Infomart Dallas)	35,860		20.0	20.0
In-place leases (Infomart Dallas)	19,960		3.6 - 7.5	6.8
Trade names (Infomart Dallas)	9,552		20.0	20.0
Favorable leases (Infomart Dallas)	475		3.6 - 7.5	7.0