Segment Information (Tables)

12 Months Ended

Dec. 31, 2020

Segment Reporting [Abstract]

Schedule of Segment Reporting Information

Selected financial data related to our segments is presented below for the years ended December 31, 2020, 2019 and 2018:

	Year Ended December 31, 2020
(Thousands)	Leasing		Fiber Infrastructure		Towers		Consumer CLEC			Corporate			Total of Reportable Segments
Revenues	$	745,915	$	314,363	$	6,112	$	651		$	-		$	1,067,041
Adjusted EBITDA	$	737,337	$	112,289	$	77	$	(545	)	$	(30,323	)	$	818,835
Less:
Interest expense, net														497,128
Depreciation and amortization		201,321		126,211		783		791			297			329,403
Other expense														11,703
Settlement expense														650,000
Goodwill impairment														71,000
Transaction related and other costs														63,875
Gain on sale of real estate														(86,267	)
Stock-based compensation														13,721
Income tax benefit														(15,203	)
Adjustments or equity in earnings from unconsolidated entities														2,287
Net loss													$	(718,812	)
Capital expenditures (1)	$	169,306	$	197,023	$	24,162	$	-		$	-		$	390,491

	Year Ended December 31, 2019
(Thousands)	Leasing		Fiber Infrastructure		Towers			Consumer CLEC		Corporate			Total of Reportable Segments
Revenues	$	716,640	$	315,605	$	14,693		$	10,673	$	-		$	1,057,611
Adjusted EBITDA	$	711,119	$	126,754	$	(595	)	$	1,955	$	(26,494	)	$	812,739
Less:
Interest expense, net														390,112
Depreciation and amortization		282,107		114,566		6,474			1,879		728			405,754
Other income														(24,219	)
Transaction related and other costs														43,708
Gain on sale of real estate														(28,995	)
Stock-based compensation														10,808
Income tax expense														4,663
Net income													$	10,908
Capital expenditures (1)	$	338,543	$	233,506	$	99,234		$	-	$	15		$	671,298

	Year Ended December 31, 2018
(Thousands)	Leasing		Fiber Infrastructure		Towers		Consumer CLEC		Corporate			Total of Reportable Segments
Revenues	$	699,847	$	289,239	$	14,617	$	13,931	$	-		$	1,017,634
Adjusted EBITDA	$	697,545	$	123,389	$	355	$	3,353	$	(21,759	)	$	802,883
Less:
Interest expense, net													319,591
Depreciation and amortization		337,126		105,651		6,704		1,994		275			451,750
Other income													(4,504	)
Transaction related and other costs													17,410
Stock-based compensation													8,064
Income tax benefit													(5,421	)
Other													(552	)
Net loss												$	16,545
Capital expenditures (1)	$	152,140	$	199,689	$	74,932	$	-	$	114		$	426,875

(1) Segment capital expenditures represents capital expenditures, the Windstream Asset Purchase Agreement, Bluebird and NMS asset acquisitions (see Note 6) and ground lease investments as reported in the investing activities section of the Consolidated Statement of Cash Flows.

Summary of Total Assets by Business Segment

Total assets by business segment as of December 31, 2020 and December 31, 2019 are as follows:

	December 31,
(Thousands)		2020		2019
Leasing	$	2,295,289	$	2,341,734
Fiber Infrastructure		2,354,569		2,362,267
Towers		-		235,888
Consumer CLEC		8,707		10,687
Corporate		73,253		66,424
Total of reportable segments	$	4,731,818	$	5,017,000