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Consolidated Statements of (Loss) Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues:      
Total revenue from rentals $ 911,828 $ 892,414 $ 845,100
Total service revenues 238,003 236,433 255,422
Total revenues 1,149,831 1,128,847 1,100,522
Costs and Expenses:      
Interest expense, net 512,349 376,832 446,296
Depreciation and amortization 310,528 292,788 290,942
General and administrative expense 102,732 100,992 101,176
Operating expense (exclusive of depreciation, accretion and amortization) 144,276 143,131 146,869
Goodwill impairment (Note 3) 203,998 240,500 0
Transaction related and other costs 12,611 10,340 7,544
Gain on sale of real estate (2,164) (433) (442)
Gain on sale of operations 0 (176) (28,143)
Other expense (income), net 18,386 (7,269) 18,553
Total costs and expenses 1,302,716 1,156,705 982,795
(Loss) income before income taxes and equity in earnings from unconsolidated entities (152,885) (27,858) 117,727
Income tax benefit (68,474) (17,365) (4,916)
Equity in earnings from unconsolidated entities (2,662) (2,371) (2,102)
Net (loss) income (81,749) (8,122) 124,745
Net (loss) income attributable to noncontrolling interests (36) 153 1,085
Net (loss) income attributable to shareholders (81,713) (8,275) 123,660
Participating securities' share in earnings (1,207) (1,135) (1,077)
Dividends declared on convertible preferred stock (20) (20) (10)
Net (loss) income attributable to common shares $ (82,940) $ (9,430) $ 122,573
(Loss) earnings per common share (Note 15)      
Basic (in dollars per share) $ (0.35) $ (0.04) $ 0.53
Diluted (in dollars per share) $ (0.35) $ (0.04) $ 0.51
Weighted-average number of common shares outstanding      
Basic (in shares) 236,401 235,567 232,888
Diluted (in shares) 236,401 235,567 264,077
Uniti Leasing      
Revenues:      
Total revenue from rentals $ 845,925 $ 822,867 $ 797,048
Total service revenues 6,847 4,590 4,449
Uniti Fiber      
Revenues:      
Total revenue from rentals 65,903 69,547 48,052
Total service revenues $ 231,156 $ 231,843 $ 250,973