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SIGNIFICANT ACCOUNTING POLICIES (Tables)
 12 Months Ended
Dec. 31, 2019
Accounting Policies [Abstract]  
Schedule of Disaggregation of Revenue The following table presents the Company's revenue from contracts with customers disaggregated by primary geographic market based on legal entities (in millions):
 
 
Year Ended December 31,
 
 
2019
 
2018
Primary geographic market:
 
 
 
 
United States
 
$
779.7

 
$
785.4

Europe
 
745.9

 
598.7

Other
 
42.6

 
46.2

Total revenue from contracts with customers
 
1,568.2

 
1,430.3

Lease revenue
 
159.6

 
60.5

Total telecommunications services revenue
 
$
1,727.8

 
$
1,490.8
Schedule of Deferred Revenue
The following table includes estimated revenue from contracts with customers expected to be recognized for each of the years subsequent to December 31, 2019 related to performance obligations that are unsatisfied (or partially unsatisfied) at December 31, 2019 and have an original expected duration of greater than one year (amounts in millions):

2020
$
16.7

2021
13.8

2022
13.1

2023
11.4

2024
6.6

2025 and beyond
14.4

 
$
76.0


Remaining amortization at December 31, 2019 and in each of the years subsequent to December 31, 2019 is as follows (amounts in millions):
 
Contract Term
 
 
 
Less than 1 Year
 
Greater than 1 Year
 
Total
2020
$
22.5

 
$
44.5

 
$
67.0

2021
—

 
38.9

 
38.9

2022
—

 
36.8

 
36.8

2023
—

 
35.0

 
35.0

2024
—

 
28.0

 
28.0

2025 and beyond
—

 
127.8

 
127.8

 
$
22.5

 
$
311.0

 
$
333.5


Significant changes in deferred revenue balances during the years ended December 31, 2019 and 2018 are as follows (amounts in millions):

 
Contract Term
 
 
 
Less than 1 Year
 
Greater than 1 Year
 
Total
Balance, December 31, 2017
$
18.6

 
$
130.3

 
$
148.9

Revenue recognized from beginning balance
(18.6
)
 
(21.7
)
 
(40.3
)
Increase in deferred revenue, net
28.9

 
15.9

 
44.8

Business combinations (gross)
0.4

 
242.6

 
243.0

Revenue recognized from business combinations
(0.4
)
 
(18.3
)
 
(18.7
)
Foreign currency translation adjustments
(0.2
)
 
(6.3
)
 
(6.5
)
Balance, December 31, 2018
28.7

 
342.5

 
371.2

Revenue recognized from beginning balance
(28.8
)
 
(53.5
)
 
(82.3
)
Increase in deferred revenue, net
21.7

 
26.4

 
48.1

Business combinations (gross)
—

 
1.2

 
1.2

Revenue recognized from business combinations
—

 
—

 
—

Foreign currency translation adjustments
0.9

 
(5.6
)
 
(4.7
)
Balance, December 31, 2019
$
22.5

 
$
311.0

 
$
333.5
Schedule of Earnings Per Share, Basic and Diluted
The table below details the calculations of loss per share (in millions, except for share and per share amounts):  
  
 
Year Ended December 31,
 
2019
 
2018
 
2017
Numerator for basic and diluted EPS – net loss available to common stockholders
$
(105.9
)
 
$
(243.4
)
 
$
(71.5
)
Denominator for basic EPS – weighted average shares
56,265,166

 
50,718,279

 
41,912,952

Effect of dilutive securities
—

 
—

 
—

Denominator for diluted EPS – weighted average shares
56,265,166

 
50,718,279

 
41,912,952

 
 
 
 
 
 
Loss per share:
 
 
 
 
 
Basic
$
(1.88
)
 
$
(4.80
)
 
$
(1.71
)
Diluted
$
(1.88
)
 
$
(4.80
)
 
$
(1.71
)
Schedule of Property Plant And Equipment Estimated Useful Life Depreciable lives used by the Company for its classes of assets are as follows:

 
Freehold buildings
30 years
Furniture and fixtures
7 years
Fiber optic cable
20 years
Duct
40 years
Fiber optic network equipment
3 - 15 years
Leasehold improvements
up to 10 years
Computer hardware and software
3-5 years