Consolidated Statements of Cash Flows - USD ($) $ in Thousands	8 Months Ended	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2016
Cash flow from operating activities
Net (loss) income	$ 24,870	$ (212)
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Depreciation and amortization	238,748	375,970
Amortization of deferred financing costs	4,832	7,823
Amortization of debt discount	5,172	8,179
Deferred income taxes	(1,211)	(2,186)
Straight-line rental revenues	(11,795)	(17,293)
Stock-based compensation	1,934	4,846
Other	(3)	936
Changes in assets and liabilities, net of acquisitions:
Accounts receivable	(215)	(3,516)
Other assets	(1,148)	(1,365)
Accounts payable, accrued expenses and other liabilities	32,024	2,806
Net cash provided by operating activities	293,208	375,988
Cash flow from investing activities
Acquisition of businesses, net of cash acquired		(488,788)
Consideration paid to Windstream Services, LLC	(1,035,029)
Acquisition of ground lease investments		(11,543)
Other capital expenditures	(44,413)	(34,900)
Net cash used in investing activities	(1,079,442)	(535,231)
Cash flow from financing activities
Principal payment on debt	(10,700)	(22,027)
Dividends paid	(156,854)	(367,830)
Proceeds from issuance of Term Loans	1,127,000
Proceeds from issuance of Notes		548,875
Borrowings under revolving credit facility		641,000
Payments under revolving credit facility		(641,000)
Capital lease payments		(1,549)
Deferred financing costs	(30,057)	(20,557)
Common stock issuance, net of costs	(543)	54,213
Net share settlement	(113)	(2,359)
Cash in-lieu of fractional shares	(19)
Net cash provided by financing activities	928,714	188,766
Effect of exchange rates on cash and cash equivalents		(267)
Net increase in cash and cash equivalents	142,480	29,256
Cash and cash equivalents at beginning of period	18	142,498
Cash and cash equivalents at end of period	142,498	171,754
Supplemental cash flow information:
Cash paid for interest	147,428	255,945
Cash paid for income taxes	1,284	3,003
Non-cash investing and financing activities:
Property and equipment acquired but not yet paid		5,752
Tenant capital improvements	68,569	156,972
Acquisition of businesses through non-cash consideration		$ 259,996
Issuance of notes and other debt to Windstream Services, LLC, net of deferred financing costs ($34,681)	$ 2,412,829