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Condensed Consolidated Statements of (Loss) Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues:        
Total revenue from rentals $ 238,055 $ 229,303 $ 475,078 $ 457,459
Total service revenues 62,677 65,644 119,563 123,906
Total revenues 300,732 294,947 594,641 581,365
Costs and Expenses:        
Interest expense, net 160,784 127,475 298,771 250,686
Depreciation and amortization 79,663 78,052 159,346 155,537
General and administrative expense 27,838 25,716 56,147 53,849
Operating expense (exclusive of depreciation, accretion and amortization) 34,765 37,036 67,146 72,234
Transaction related and other costs 13,462 10,977 21,309 16,664
Gain on sale of real estate 0 0 0 (18,999)
Other expense (income), net 1,127 (19) 1,127 (301)
Total costs and expenses 317,639 279,237 603,846 529,670
(Loss) income before income taxes and equity in earnings from unconsolidated entities (16,907) 15,710 (9,205) 51,695
Income tax benefit (6,178) (2,571) (10,696) (7,934)
Net (loss) income (10,729) 18,281 1,491 59,629
Net income attributable to noncontrolling interests 0 3 0 22
Net (loss) income attributable to shareholders (10,729) 18,278 1,491 59,607
Participating securities' share in earnings 0 (723) (335) (1,159)
Dividends declared on convertible preferred stock (5) (5) (10) (10)
Net (loss) income attributable to common shareholders $ (10,734) $ 17,550 $ 1,146 $ 58,438
(Loss) income per common share:        
Basic (in dollars per share) $ (0.04) $ 0.07 $ 0.00 $ 0.25
Diluted (in dollars per share) $ (0.04) $ 0.07 $ 0.00 $ 0.25
Weighted-average number of common shares outstanding:        
Basic (in shares) 238,567 237,347 238,318 237,121
Diluted (in shares) 238,567 237,347 238,318 237,121
Uniti Leasing        
Revenues:        
Total revenue from rentals $ 225,014 $ 216,640 $ 445,927 $ 432,633
Total service revenues 1,464 1,646 2,919 3,274
Uniti Fiber        
Revenues:        
Total revenue from rentals 13,041 12,663 29,151 24,826
Total service revenues $ 61,213 $ 63,998 $ 116,644 $ 120,632