Segment Information (Tables)

6 Months Ended

Jun. 30, 2021

Segment Reporting [Abstract]

Schedule of Segment Reporting Information

Selected financial data related to our segments is presented below for the three and six months ended June 30, 2021 and 2020:

	Three Months Ended June 30, 2021
(Thousands)	Leasing		Fiber Infrastructure		Towers		Consumer CLEC		Corporate			Subtotal of Reportable Segments
Revenues	$	196,057	$	72,123	$	-	$	-	$	-		$	268,180
Adjusted EBITDA	$	192,137	$	29,439	$	-	$	-	$	(5,842	)	$	215,734
Less:
Interest expense													106,388
Depreciation and amortization		40,474		29,132		-		-		65			69,671
Other expense, net													8,779
Transaction related and other costs													424
Gain on sale of real estate													(442	)
Gain on sale of operations													(28,143	)
Stock-based compensation													3,462
Income tax expense													5,084
Adjustments for equity in earnings from unconsolidated entities													872
Net income												$	49,639

	Three Months Ended June 30, 2020
(Thousands)	Leasing		Fiber Infrastructure		Towers		Consumer CLEC			Corporate			Subtotal of Reportable Segments
Revenues	$	185,320	$	79,140	$	2,392		(32	)	$	-		$	266,820
Adjusted EBITDA	$	182,810	$	28,493	$	85	$	(292	)	$	(8,227	)	$	202,869
Less:
Interest expense														107,243
Depreciation and amortization		52,405		32,279		14		197			74			84,969
Other expense, net														6,013
Settlement expense														650,000
Transaction related and other costs														18,556
Gain on sale of real estate														(63,818	)
Stock-based compensation														4,110
Income tax benefit														(5,875	)
Net loss													$	(598,329	)

	Six Months Ended June 30, 2021
(Thousands)	Leasing		Fiber Infrastructure		Towers		Consumer CLEC		Corporate			Subtotal of Reportable Segments
Revenues	$	390,993	$	149,773	$	-	$	-	$	-		$	540,766
Adjusted EBITDA	$	383,634	$	59,160	$	-	$	-	$	(12,812	)	$	429,982
Less:
Interest expense													246,969
Depreciation and amortization		82,700		57,802		-		-		133			140,635
Other income, net													10,097
Transaction related and other costs													4,561
Gain on sale of real estate													(442	)
Gain on sale of operations													(28,143	)
Stock-based compensation													6,797
Income tax expense													2,527
Adjustments for equity in earnings from unconsolidated entities													1,844
Net income												$	45,137

	Six Months Ended June 30, 2020
(Thousands)	Leasing		Fiber Infrastructure		Towers		Consumer CLEC			Corporate			Subtotal of Reportable Segments
Revenues	$	369,672	$	156,547	$	6,112	$	651		$	-		$	532,982
Adjusted EBITDA	$	364,689	$	56,034	$	77	$	(275	)	$	(15,942	)	$	404,583
Less:
Interest expense														285,636
Depreciation and amortization		107,027		62,340		783		791			149			171,090
Other income, net														9,088
Settlement expense														650,000
Transaction related and other costs														34,528
Gain on sale of real estate														(63,818	)
Stock-based compensation														7,105
Income tax benefit														(10,451	)
Net loss													$	(678,595	)