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Consolidated Statement of Operations and Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2019
[2]
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
Net revenues:                              
Revenues from tenant contracts   $ 171,745 $ 168,189 $ 167,322 $ 167,332 $ 165,108 $ 164,056 $ 162,994 $ 335,511 $ 327,050 $ 507,256 $ 492,158 $ 678,150 $ 659,490 $ 616,897
Amortization of service revenues [1]   13,436 12,764 12,171 11,974 10,846 10,604 10,067 24,935 20,671 38,371 31,517 52,341 43,491 38,435
Revenues $ 184,864 185,181 180,953 179,493 179,306 175,954 174,660 173,061 360,446 347,721 545,627 523,675 730,491 702,981 655,332
Operating expenses:                              
Site rental costs of operations—third parties(b) [3]   38,406 38,524 37,282 36,270 37,616 38,355 37,507   75,862 114,212 112,469 152,619 149,748 149,764
Site rental costs of operations—related parties(b) [3]   10,880 10,721   11,512 10,163 9,700 9,606   19,306 32,210 30,478 43,281 40,981 36,655
Site rental costs of operations—total(b) [3]   49,286 49,245   47,782 47,779 48,055 47,113   95,168 146,422 142,947 195,900 [1] 190,729 [1] 186,419 [1]
Management fee—related party   12,611 12,503   12,293 12,207 12,031 11,989   24,020 37,238 36,227 49,837 48,520 46,946
Asset write-down charges   0 185 190 249 0 0 344 375 344 375 344 1,050 593 181
Depreciation, amortization and accretion   51,881 51,626 51,580 51,707 51,684 52,083 52,054 103,206 104,137 155,087 155,821 207,396 207,528 207,764
Total operating expenses   113,778 113,559 111,785 112,031 111,670 112,169 111,500 225,344 223,669 339,122 335,339 454,183 447,370 441,310
Operating income (loss) 69,803 71,403 67,394 67,708 67,275 64,284 62,491 61,561 135,102 124,052 206,505 188,336 276,308 255,611 214,022
Interest expense and amortization of deferred financing costs                         (39,874) (39,874) (39,874)
Other income (expense)   160 288 (3) 133 90 40 (67) 285 (27) 445 63 669 196 287
Income (loss) before income taxes   61,594 57,714 57,736 57,440 54,405 52,563 51,525 115,450 104,088 177,044 158,493 237,103 215,933 174,435
Benefit (provision) for income taxes (119) (102) (107) (98) (137) (93) (93) (93) (205) (186) (307) (279) (426) (416) 614
Net income (loss) $ 59,940 $ 61,492 $ 57,607 $ 57,638 $ 57,303 $ 54,312 $ 52,470 $ 51,432 $ 115,245 $ 103,902 $ 176,737 $ 158,214 $ 236,677 $ 215,517 $ 175,049
[1] Represents the amortization of deferred revenues recorded in connection with the CCIC transactions described in note 2 that result in permanent improvements to the Company's towers. The Company receives no cash from, and is not party to, such transactions
[2]
The sum of quarterly information may not agree to year-to-date information due to rounding.
Resta
[3] Exclusive of depreciation, amortization and accretion shown separately and certain indirect costs included in the management fee.