XML 68 R2.htm IDEA: XBRL DOCUMENT v3.19.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Assets:    
Property, plant and equipment, net $ 3,371,151 $ 3,209,006
Cash and cash equivalents 197,317 38,026
Accounts receivable, net 86,939 104,063
Goodwill 690,672 692,385
Intangible assets, net 536,654 432,821
Straight-line revenue receivable 612 61,785
Derivative asset   31,043
Other assets, net 147,880 23,808
Total Assets 5,031,225 4,592,937
Liabilities:    
Accounts payable, accrued expenses and other liabilities, net 208,477 94,179
Accrued interest payable 73,638 28,097
Deferred revenue 1,040,288 726,262
Derivative liability 27,761  
Dividends payable 9,830 113,744
Deferred income taxes 31,118 52,434
Finance lease obligations 55,225 55,282
Contingent consideration 11,440 83,401
Notes and other debt, net 5,010,287 4,846,233
Total liabilities 6,468,064 5,999,632
Commitments and contingencies (Note 13)
Shareholders' Deficit:    
Preferred stock, $0.0001 par value, 50,000 shares authorized, no shares issued and outstanding
Common stock, $0.0001 par value, 500,000 shares authorized, issued and outstanding: 192,138 shares at September 30, 2019 and 180,536 at December 31, 2018 19 18
Additional paid-in capital 948,382 757,517
Accumulated other comprehensive (loss) income (27,452) 30,105
Distributions in excess of accumulated earnings (2,442,378) (2,373,218)
Total Uniti shareholders' deficit (1,521,429) (1,585,578)
Noncontrolling interests - operating partnership units 84,590 92,375
Total shareholders' deficit (1,436,839) (1,493,203)
Total Liabilities, Convertible Preferred Stock, and Shareholders' Deficit $ 5,031,225 4,592,937
Series A Convertible Preferred Stock    
Liabilities:    
Convertible preferred stock, Series A, $0.0001 par value, 88 shares authorized, issued and outstanding: no shares at September 30, 2019 and 88 shares at December 31, 2018, $87,500 liquidation value   $ 86,508