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Goodwill and Intangible Assets and Liabilities (Tables)
3 Months Ended
Mar. 31, 2022
Goodwill And Intangible Assets And Liabilities Disclosure [Abstract]  
Schedule of Carrying Amount of Goodwill

There were no changes in the carrying amount of goodwill occurring during the three months ended March 31, 2022. The balance of goodwill recorded in our Fiber Infrastructure segment as of March 31, 2022 and December 31, 2021 is as follows:

 

(Thousands)

 

Fiber Infrastructure

 

 

Total

 

Goodwill at December 31, 2021

 

$

601,878

 

 

$

601,878

 

Goodwill at March 31, 2022

 

$

601,878

 

 

$

601,878

 

Schedule of Carrying Value of Other Intangible Assets

(Thousands)

 

March 31, 2022

 

 

December 31, 2021

 

 

 

Original

Cost

 

 

Accumulated

Amortization

 

 

Original

Cost

 

 

Accumulated

Amortization

 

Finite life intangible assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Customer lists

 

$

416,104

 

 

$

(111,579

)

 

$

416,104

 

 

$

(105,861

)

Contracts

 

 

52,536

 

 

 

(9,850

)

 

 

52,536

 

 

 

(8,209

)

Underlying Rights

 

 

10,497

 

 

 

(525

)

 

 

10,497

 

 

 

(437

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total intangible assets

 

$

479,137

 

 

 

 

 

 

$

479,137

 

 

 

 

 

Less: accumulated amortization

 

 

(121,954

)

 

 

 

 

 

 

(114,507

)

 

 

 

 

Total intangible assets, net

 

$

357,183

 

 

 

 

 

 

$

364,630

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Finite life intangible liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Below-market leases

 

$

191,154

 

 

 

(16,042

)

 

$

191,154

 

 

 

(13,368

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Finite life intangible liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Below-market leases

 

$

191,154

 

 

 

 

 

 

$

191,154

 

 

 

 

 

Less: accumulated amortization

 

 

(16,042

)

 

 

 

 

 

 

(13,368

)

 

 

 

 

Total intangible liabilities, net

 

$

175,112

 

 

 

 

 

 

$

177,786