v3.26.1
ASSET ACQUISITIONS (Tables)
6 Months Ended
Jun. 30, 2026
ASSET ACQUISITIONS  
Schedule of asset acquisitions

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  ​ ​ ​

  ​ ​ ​

Number of

  ​ ​ ​

Total

  ​ ​ ​

  ​ ​ ​

Asset

Properties

Purchase

Right-of-Use

Retirement

Property

Market

Closing Date

Acquired

Price(1)

Asset(2)

Obligation(3)

Plada Heights

 

Tennessee

 

January 22, 2025

 

1

$

623,495

$

$

26,463

Lemont Lane

 

Tennessee

 

February 5, 2025

 

1

 

676,379

 

93,083

 

26,468

Murfreesboro

 

Tennessee

 

May 6, 2025

 

1

 

708,595

 

90,556

 

29,148

Anchor

 

Tennessee

 

May 23, 2025

 

1

 

627,811

 

 

27,808

Rockvale

 

Tennessee

 

June 23, 2025

 

1

 

628,838

 

 

26,468

Total

 

5

$

3,265,118

$

183,639

$

136,355

(1)Includes capitalized acquisition-related costs.
(2)Right-of-use assets were obtained in exchange for the assumption of operating lease liabilities of the same values as part of the asset acquisitions.
(3)Asset retirement obligations were assessed as part of the asset acquisitions.
Schedule of assets acquired and liabilities assumed

  ​ ​ ​

June 30, 2025

Assets:

Cell towers

$

1,996,869

Land

 

89,536

Contract rights and tenant relationships

 

412,210

Network location & capacity

 

705,426

Rooftop easements and ground easements

 

197,433

Right-of-use assets obtained in exchange for operating lease liabilities

 

183,639

Total assets acquired

 

3,585,113

Liabilities:

 

Asset retirement obligation

 

136,356

Ground lease liabilities

 

183,639

Total liabilities assumed

 

319,995

Total Purchase Price

$

3,265,118