Goodwill and Intangible Assets and Liabilities (Tables)

3 Months Ended

Mar. 31, 2017

Goodwill And Intangible Assets Disclosure [Abstract]

Schedule of Carrying Amount of Goodwill

Changes in the carrying amount of goodwill occurring during the three months ended March 31, 2017, are as follows:

(Thousands)	Fiber Infrastructure			Total
Goodwill at December 31, 2016	$	262,334		$	262,334
Goodwill associated with 2017 acquisitions		-			-
Goodwill purchase accounting adjustments		(248	)		(248	)
Goodwill at March 31, 2017	$	262,086		$	262,086

Schedule of Carrying Value of Intangible Assets

The carrying value of the intangible assets is as follows:

(Thousands)	March 31, 2017						December 31, 2016
	Cost			Accumulated Amortization			Cost			Accumulated Amortization
Indefinite life intangible assets:
Trade name	$	2,000		$	-		$	2,000		$	-
Finite life intangible assets:
Customer lists		188,469			(32,071	)		188,642			(30,058	)
Tenant contracts		39,992			(242	)		-			-
Network(1)		14,483			(88	)		-			-
Acquired below-market leases		1,527			(9	)		-			-
Total intangible assets		246,471						190,642
Less: Accumulated amortization		(32,410	)					(30,058	)
Total intangible assets, net	$	214,061					$	160,584
Finite life intangible liabilities:
Acquired above-market leases	$	3,591		$	(27	)	$	-		$	-
Finite life intangible liabilities:
Acquired above-market leases		3,591
Less: Accumulated amortization		(27	)
Total intangible liabilities, net(2)	$	3,564

1. Reflects the potential to lease additional tower capacity on the existing towers due to their geographical location and capacity that currently exists on these towers as of the valuation date.

(1) Recorded in accounts payable, accrued expenses and other liabilities on the Condensed Consolidated Balance Sheet.