| Dec'19 | Dec'18 | Dec'17 | Dec'16 | |||
|---|---|---|---|---|---|---|
Revenues: | ||||||
Total revenues | ||||||
1,057,611 | 1,017,634 | 916,032 | 770,408 | |||
Costs and Expenses: | ||||||
Interest expense, net | ||||||
-390,112 | -319,591 | -305,994 | -275,394 | |||
Depreciation and amortization | ||||||
405,754 | 451,750 | 434,205 | 375,970 | |||
General and administrative expense | ||||||
102,900 | 85,198 | 72,045 | 35,402 | |||
Operating expense (exclusive of depreciation, accretion and amortization) | ||||||
160,024 | 137,065 | 102,176 | 49,668 | |||
Transaction related and other costs | ||||||
43,708 | 17,410 | 38,005 | 33,669 | |||
Gain on sale of real estate | ||||||
28,995 | - | - | - | |||
Other (income) expense | ||||||
31,463 | 4,504 | -11,284 | - | |||
Total costs and expenses | ||||||
1,042,040 | 1,006,510 | 963,709 | 770,103 | |||
(Loss) income before income taxes | ||||||
15,571 | 11,124 | -47,677 | 305 | |||
Income tax (benefit) expense | ||||||
4,663 | -5,421 | -38,849 | 517 | |||
Net (loss) income | ||||||
10,908 | 16,545 | -8,828 | -212 | |||
Net (loss) income attributable to noncontrolling interests | ||||||
326 | 358 | 611 | - | |||
Net (loss) income attributable to shareholders | ||||||
10,582 | 16,187 | -9,439 | -212 | |||
Participating securities' share in earnings | ||||||
549 | 2,594 | 1,509 | 1,557 | |||
Dividends declared on convertible preferred stock | ||||||
656 | 2,624 | 2,624 | 1,743 | |||
Amortization of discount on convertible preferred stock | ||||||
993 | 2,980 | 2,980 | 1,985 | |||
Net (loss) income attributable to common shareholders | ||||||
8,384 | 7,989 | -16,552 | -5,497 | |||
(Loss) earnings per common share: | ||||||
Basic | ||||||
0.04 | 0.05 | -0.10 | -0.04 | |||
Diluted | ||||||
0.04 | 0.04 | -0.13 | -0.04 | |||
Weighted-average number of common shares outstanding: | ||||||
Basic | ||||||
187,358 | 176,169 | 168,693 | 152,473 | |||
Diluted | ||||||
187,358 | 177,071 | 168,989 | 152,473 | |||
Leasing | ||||||
Total revenues | ||||||
716,640 | 699,847 | 685,099 | 676,868 | |||
Depreciation and amortization | ||||||
282,107 | 337,126 | 347,999 | 343,368 | |||
Fiber Infrastructure | ||||||
Total revenues | ||||||
315,605 | 289,239 | 202,791 | 70,568 | |||
Depreciation and amortization | ||||||
114,566 | 105,651 | 78,307 | 28,629 | |||
Tower | ||||||
Total revenues | ||||||
14,693 | 14,617 | 10,055 | 500 | |||
Consumer CLEC | ||||||
Total revenues | ||||||
10,673 | 13,931 | 18,087 | 22,472 | |||
Depreciation and amortization | ||||||
1,879 | 1,994 | 2,607 | 3,258 | |||