v3.25.2
Description of the business: - Lessor Accounting and Leases (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Dec. 31, 2024
Cash paid for amounts included in the measurement of lease liabilities          
Amortization of right-of-use assets $ 13,975 $ 12,204 $ 27,891 $ 23,768  
Interest expense on finance lease liabilities 12,509 9,919 23,615 20,330  
Operating lease cost 18,569 22,716 36,013 46,967  
Total lease costs $ 45,053 $ 44,839 87,519 91,065  
Operating cash flows from finance leases     (22,650) (16,562)  
Operating cash flows from operating leases     (35,790) (47,671)  
Financing cash flows from finance leases     (16,523) (156,707)  
Right-of-use assets obtained in exchange for new finance lease liabilities     79,076 96,606  
Right-of-use assets obtained in exchange for new operating lease liabilities     $ 15,105 $ 8,265  
Weighted-average remaining lease term - finance leases (in years) 17 years 1 month 6 days 16 years 3 months 18 days 17 years 1 month 6 days 16 years 3 months 18 days  
Weighted-average remaining lease term - operating leases (in years) 11 years 3 months 18 days 12 years 6 months 11 years 3 months 18 days 12 years 6 months  
Weighted-average discount rate - finance leases 8.10% 8.40% 8.10% 8.40%  
Weighted-average discount rate - operating leases 7.60% 8.00% 7.60% 8.00%  
Finance leases-fiber lease agreements          
Initial terms (in years) 20 years   20 years    
Additional finance lease future payments due $ 142,200   $ 142,200    
Future minimum payments under these operating lease agreements          
2026 63,741   63,741    
2027 59,578   59,578    
2028 57,370   57,370    
2029 55,203   55,203    
2030 34,497   34,497    
Thereafter 249,220   249,220    
Total minimum lease obligations 519,609   519,609    
Less-amounts representing interest (170,162)   (170,162)    
Present value of minimum lease obligations 349,447   349,447    
Current maturities (50,932)   (50,932)   $ (57,172)
Lease obligations, net of current maturities 298,515   298,515   302,004
Future minimum payments under these finance lease agreements          
2026 70,101   70,101    
2027 64,390   64,390    
2028 65,586   65,586    
2029 64,092   64,092    
2030 64,055   64,055    
Thereafter 803,928   803,928    
Total minimum lease obligations 1,132,152   1,132,152    
Less-amounts representing interest (526,995)   (526,995)    
Present value of minimum lease obligations 605,157   605,157    
Current maturities (26,523)   (26,523)   (21,225)
Lease obligations, net of current maturities $ 578,634   $ 578,634   $ 517,161
Minimum          
Finance leases-fiber lease agreements          
Initial terms (in years) 15 years   15 years    
Future minimum payments under these operating lease agreements          
Right to use specified fibers (in years) 20 years   20 years    
Maximum          
Finance leases-fiber lease agreements          
Initial terms (in years) 20 years   20 years    
Future minimum payments under these operating lease agreements          
Right to use specified fibers (in years) 25 years   25 years