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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities:    
Net loss $ (47,812) $ (4,645)
Adjustments to reconcile net loss to net cash used in operating activities:    
Amortization and depreciation 23,085 18,751
Amortization of finance lease and telecom real property interest liabilities discount 460 367
Impairment - decommissions 1,050 765
Realized and unrealized gain on foreign currency debt 15,479 (24,232)
Amortization of debt discount and deferred financing costs 1,715 1,106
Provision for bad debt expense (64) 98
Share-based compensation 5,184 4,592
Deferred income taxes (3,446) (3,986)
Change in assets and liabilities:    
Trade receivables, net (2,790) (1,707)
Prepaid expenses and other assets 1,813 1,563
Accounts payable, accrued expenses and other long-term liabilities (3,391) (1,309)
Rent received in advance 6,700 3,978
Net cash used in operating activities (2,017) (4,659)
Cash flows from investing activities:    
Investments in real property interests and related intangible assets (43,688) (73,128)
Advance deposits made for real property interest investments (2,589)  
Proceeds from sales of real property interests 213  
Proceeds from maturities of short-term investments 5,000  
Purchases of property and equipment (231) (195)
Net cash used in investing activities (41,295) (73,323)
Cash flows from financing activities:    
Borrowings under debt agreements   256,203
Repayments of term loans and other debt   (1,804)
Debt issuance costs   (5,653)
Proceeds from exercises of stock options 204 88
Repayments of finance lease and telecom real property interest liabilities (11,075) (4,359)
Net cash provided by (used in) financing activities (10,871) 244,475
Effect of change in foreign currency exchange rates on cash, cash equivalents and restricted cash 1,791 (6,426)
Net change in cash and cash equivalents and restricted cash (52,392) 160,067
Cash and cash equivalents and restricted cash at beginning of period 314,283 632,193
Cash and cash equivalents and restricted cash at end of period 261,891 792,260
Supplemental disclosure of cash and non-cash transactions:    
Cash paid for interest 18,008 15,459
Cash paid for income taxes $ 373 $ 150