Segment Information (Tables)

12 Months Ended

Dec. 31, 2016

Segment Reporting [Abstract]

Schedule of Segment Reporting Information

Selected financial data related to our segments is presented below for the year ended December 31, 2016 and for the period from April 24, 2015 to December 31, 2015:

	Year Ended December 31, 2016
(Thousands)	Leasing		Fiber Infrastructure		Consumer CLEC		Subtotal of Reportable Segments
Revenues	$	677,368	$	70,568	$	22,472	$	770,408
Adjusted EBITDA	$	659,198	$	25,912	$	5,074	$	690,184
Less:
Interest expense								275,394
Depreciation and amortization		344,083		28,629		3,258		375,970
Transaction related costs								33,669
Stock-based compensation								4,846
Income tax expense								517
Net loss							$	(212	)
Capital expenditures (1)	$	15,437	$	31,006	$	-	$	46,443

	Period from April 24, 2015 to December 31, 2015
(Thousands)	Leasing		Consumer CLEC		Subtotalof Reportable Segments
Revenues	$	458,614	$	17,700	$	476,314
Adjusted EBITDA	$	449,340	$	3,957	$	453,297
Less:
Interest expense						181,797
Depreciation and amortization		236,177		2,571		238,748
Transaction related costs						5,210
Stock-based compensation						1,934
Income tax expense						738
Net income					$	24,870
Capital expenditures (1)	$	44,413	$	-	$	44,413

1. Segment capital expenditures represents acquisition of ground lease investments and other capital expenditures as reported in the investing activities section of the Statement of Cash Flows.

Summary of Total Assets by Business Segment

Total assets by business segment as of December 31, 2016 and December 31, 2015 are as follows:

(Thousands)	December 31, 2016		December 31, 2015
Leasing	$	2,390,431	$	2,527,915
Fiber Infrastructure		914,082		-
Consumer CLEC		14,239		14,721
Subtotal of reportable segments	$	3,318,752	$	2,542,636