Uniti (UNIT) 10-Q 1 Nov 18 2018 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2018	Oct. 25, 2018
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q3
Trading Symbol	UNIT
Entity Registrant Name	Uniti Group Inc.
Entity Central Index Key	1,620,280
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Common Stock, Shares Outstanding		178,981,185

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (unaudited) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Assets:
Property, plant and equipment, net	$ 3,155,206	$ 3,053,889
Cash and cash equivalents	118,493	59,765
Accounts receivable, net	58,661	43,652
Goodwill	681,175	673,729
Intangible assets, net	411,449	429,357
Straight-line revenue receivable	58,212	47,041
Derivative asset	64,410	6,793
Other assets	23,218	15,856
Total Assets	4,570,824	4,330,082
Liabilities:
Accounts payable, accrued expenses and other liabilities	81,556	77,634
Accrued interest payable	70,613	28,684
Deferred revenue	682,481	537,553
Dividends payable	112,277	109,557
Deferred income taxes	54,539	55,478
Capital lease obligations	57,104	56,329
Contingent consideration	86,435	105,762
Notes and other debt, net	4,745,227	4,482,697
Total liabilities	5,890,232	5,453,694
Commitments and contingencies (Note 12)
Shareholders' Deficit:
Preferred stock, $0.0001 par value, 50,000 shares authorized, no shares issued and outstanding
Common stock, $0.0001 par value, 500,000 shares authorized, issued and outstanding: 178,210 shares at September 30, 2018 and 174,852 at December 31, 2017	18	17
Additional paid-in capital	711,271	644,328
Accumulated other comprehensive income	66,291	7,821
Distributions in excess of accumulated earnings	(2,278,124)	(1,960,715)
Total Uniti shareholders' deficit	(1,500,544)	(1,308,549)
Noncontrolling interests - operating partnership units	95,373	101,407
Total shareholders' deficit	(1,405,171)	(1,207,142)
Total Liabilities, Convertible Preferred Stock, and Shareholders' Deficit	4,570,824	4,330,082
Series A Convertible Preferred Stock
Liabilities:
Convertible preferred stock, Series A, $0.0001 par value, 88 shares authorized, issued and outstanding, $87,500 liquidation value	$ 85,763	$ 83,530

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) (unaudited) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	50,000,000	50,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	500,000,000	500,000,000
Common stock, shares issued	178,210,000	174,852,000
Common stock, shares outstanding	178,210,000	174,852,000
Series A Convertible Preferred Stock
Convertible preferred stock, par value	$ 0.0001	$ 0.0001
Convertible preferred stock, shares authorized	88,000	88,000
Convertible preferred stock, shares issued	88,000	88,000
Convertible preferred stock, shares outstanding	88,000	88,000
Convertible preferred stock, liquidation value	$ 87,500	$ 87,500

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income (unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Revenues:
Total revenues	$ 252,636	$ 245,210	$ 746,880	$ 669,696
Costs and Expenses:
Interest expense	80,406	78,784	237,398	227,235
Depreciation and amortization	112,748	113,444	342,311	317,404
General and administrative expense	20,666	22,068	63,867	49,549
Operating expense (exclusive of depreciation and amortization)	34,773	30,172	96,199	74,258
Transaction related costs	2,323	8,512	12,025	32,213
Other (income) expense	(1,038)	(3,933)	(1,574)	9,638
Total costs and expenses	249,878	249,047	750,226	710,297
Income (loss) before income taxes	2,758	(3,837)	(3,346)	(40,601)
Income tax benefit	(1,466)	(8,672)	(5,208)	(8,976)
Net income (loss)	4,224	4,835	1,862	(31,625)
Net income attributable to noncontrolling interests	93	107	24	107
Net income (loss) attributable to shareholders	4,131	4,728	1,838	(31,732)
Participating securities' share in earnings	(655)	(388)	(1,992)	(1,156)
Dividends declared on convertible preferred stock	(656)	(656)	(1,968)	(1,968)
Amortization of discount on convertible preferred stock	(745)	(745)	(2,235)	(2,235)
Net income (loss) attributable to common shareholders	$ 2,075	$ 2,939	$ (4,357)	$ (37,091)
Earnings (loss) per common share:
Basic	$ 0.01	$ 0.02	$ (0.02)	$ (0.22)
Diluted	$ 0.01	$ (0.02)	$ (0.02)	$ (0.26)
Weighted-average number of common shares outstanding:
Basic	175,396	174,818	175,101	166,624
Diluted	175,653	175,399	175,101	166,816
Dividends declared per common share	$ 0.60	$ 0.60	$ 1.80	$ 1.80
Leasing
Revenues:
Total revenues	$ 174,822	$ 171,673	$ 521,481	$ 512,893
Costs and Expenses:
Depreciation and amortization	83,857	87,320	257,055	261,037
Fiber Infrastructure
Revenues:
Total revenues	70,130	66,363	204,486	136,158
Costs and Expenses:
Depreciation and amortization	26,605	24,050	78,754	50,618
Tower
Revenues:
Total revenues	4,319	2,796	10,161	6,679
Costs and Expenses:
Depreciation and amortization	1,734	1,326	4,786	3,505
Consumer CLEC
Revenues:
Total revenues	3,365	4,378	10,752	13,966
Costs and Expenses:
Depreciation and amortization	$ 498	$ 652	$ 1,495	$ 1,955

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income (Loss) (unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Statement Of Income And Comprehensive Income [Abstract]
Net income (loss)	$ 4,224	$ 4,835	$ 1,862	$ (31,625)
Other comprehensive income (loss):
Unrealized gain (loss) on derivative contracts	7,744	1,789	57,617	(4,340)
Changes in foreign currency translation	2,547	76	2,233	5,074
Other comprehensive income:	10,291	1,865	59,850	734
Comprehensive income (loss)	14,515	6,700	61,712	(30,891)
Comprehensive income attributable to noncontrolling interest	330	150	1,404	150
Comprehensive income (loss) attributable to common shareholders	$ 14,185	$ 6,550	$ 60,308	$ (31,041)

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Shareholders' Deficit (unaudited) - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Accumulated Other Comprehensive Income (Loss)	Distributions in Excess of Accumulated Earnings	Noncontrolling Interest
Beginning balance, value at Dec. 31, 2016	$ (1,402,445)	$ 15	$ 141,092	$ (6,369)	$ (1,537,183)
Beginning balance, shares at Dec. 31, 2016		155,138,637
Net income (loss)	(31,625)				(31,732)	$ 107
Issuance of common stock	517,501	$ 2	517,499
Issuance of common stock, shares		19,528,302
Amortization of discount on convertible preferred stock	(2,235)		(2,235)
Other comprehensive income	734			691		43
Common stock dividends	(304,384)				(304,384)
Convertible preferred stock dividends	(1,969)				(1,969)
Equity issuance cost	(18,575)		(18,575)
Contributions from noncontrolling interest holders	105,969					105,969
Distributions to noncontrolling interest	(2,497)					(2,497)
Net share settlement	(1,752)		(421)		(1,331)
Stock-based compensation	5,621		5,621
Stock-based compensation, shares		154,100
Ending balance, value at Sep. 30, 2017	(1,135,657)	$ 17	642,981	(5,678)	(1,876,599)	103,622
Ending balance, shares at Sep. 30, 2017		174,821,039
Beginning balance, value at Dec. 31, 2017	(1,207,142)	$ 17	644,328	7,821	(1,960,715)	101,407
Beginning balance, shares at Dec. 31, 2017		174,851,514
Net income (loss)	1,862				1,838	24
At-the-market issuance of common stock, net of offering costs	64,423	$ 1	64,422
At-the-market issuance of common stock, net of offering, shares		3,180,548
Amortization of discount on convertible preferred stock	(2,235)		(2,235)
Other comprehensive income	59,850			58,470		1,380
Common stock dividends	(318,865)				(318,865)
Convertible preferred stock dividends	(1,968)				(1,968)
Distributions to noncontrolling interest	(7,438)					(7,438)
Net share settlement	(1,575)		(1,302)		(273)
Stock-based compensation	6,058		6,058
Stock-based compensation, shares		178,135
Impact of change in accounting standard	1,859				1,859
Ending balance, value at Sep. 30, 2018	$ (1,405,171)	$ 18	$ 711,271	$ 66,291	$ (2,278,124)	$ 95,373
Ending balance, shares at Sep. 30, 2018		178,210,197

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Cash flow from operating activities
Net income (loss)	$ 1,862	$ (31,625)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	342,311	317,404
Amortization of deferred financing costs and debt discount	18,340	17,091
Deferred income taxes	(6,081)	(12,281)
Straight-line revenues	(10,932)	(10,857)
Stock-based compensation	6,058	5,621
Change in fair value of contingent consideration	(687)	9,091
Other	2,721	810
Changes in assets and liabilities, net of acquisitions:
Accounts receivable	(14,848)	532
Other assets	(4,899)	(4,307)
Accounts payable, accrued expenses and other liabilities	66,090	46,275
Net cash provided by operating activities	399,935	337,754
Cash flow from investing activities
Acquisition of businesses, net of cash acquired		(763,665)
Acquisition of ground lease investments		(13,869)
NMS asset acquisitions (Note 4)	(3,299)	(68,557)
Other capital expenditures	(297,108)	(111,101)
Net cash used in investing activities	(300,407)	(957,192)
Cash flow from financing activities
Principal payments on debt	(15,810)	(15,810)
Dividends paid	(318,116)	(294,272)
Payments of contingent consideration	(18,640)	(19,999)
Proceeds from issuance of Notes		201,000
Distributions paid to noncontrolling interest	(7,438)
Borrowings under revolving credit facility	350,000	360,000
Payments under revolving credit facility	(90,000)	(200,000)
Capital lease payments	(3,819)	(2,348)
Deferred financing costs		(28,533)
Common stock issuance, net of costs	64,423	498,924
Net share settlement	(1,575)	(1,752)
Net cash (used in) provided by financing activities	(40,975)	497,210
Effect of exchange rates on cash and cash equivalents	175	397
Net increase (decrease) in cash and cash equivalents	58,728	(121,831)
Cash and cash equivalents at beginning of period	59,765	171,754
Cash and cash equivalents at end of period	118,493	49,923
Non-cash investing and financing activities:
Property and equipment acquired but not yet paid	11,446	3,602
Tenant capital improvements	$ 124,036	166,298
Acquisition of businesses through non-cash consideration		$ 122,395

Organization and Description of

Organization and Description of Business	9 Months Ended
	Sep. 30, 2018
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Organization and Description of Business	Note 1. Organization and Description of Business Uniti Group Inc. (the “Company,” “Uniti,” “we,” “us,” or “our”) was incorporated in the state of Delaware in February 2014 and reorganized in the state of Maryland on September 4, 2014. We are an internally managed real estate investment trust (“REIT”) engaged in the acquisition and construction of mission critical infrastructure in the communications industry. We are principally focused on acquiring and constructing fiber optic broadband networks, wireless communications towers, copper and coaxial broadband networks and data centers. We manage our operations in four The Company operates through a customary “up-REIT” structure, pursuant to which we hold substantially all of our assets through a partnership, Uniti Group LP, a Delaware limited partnership (the “Operating Partnership”), that we control as general partner, with the only significant difference between the financial position and results of operations of the Operating Partnership and its subsidiaries compared to the consolidated financial position and consolidated results of operations of Uniti is that the results for the Operating Partnership and its subsidiaries do not include Uniti’s Consumer CLEC segment, which consists of Talk America Services.

Basis of Presentation and Summa

Basis of Presentation and Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2018
Accounting Policies [Abstract]
Basis of Presentation and Summary of Significant Accounting Policies	Note 2. Basis of Presentation and Summary of Significant Accounting Policies The accompanying Condensed Consolidated Financial Statements include all accounts of the Company, its wholly-owned and/or controlled subsidiaries, which consist of the Operating Partnership. Under the Accounting Standards Codification 810, Consolidation . ASC 810 provides guidance on the identification of entities for which control is achieved through means other than voting rights (“variable interest entities” or “VIEs”) and the determination of which business enterprise, if any, should consolidate the VIEs. Generally, the consideration of whether an entity is a VIE applies when either: (1) the equity investors (if any) lack (i) the ability to make decisions about the entity’s activities through voting or similar rights, (ii) the obligation to absorb the expected losses of the entity, or (iii) the right to receive the expected residual returns of the entity; (2) the equity investment at risk is insufficient to finance that entity’s activities without additional subordinated financial support; or (3) the equity investors have voting rights that are not proportionate to their economic interests and substantially all of the activities of the entity involve or are conducted on behalf of an investor with a disproportionately small voting interest. The Company consolidates VIEs in which it is considered to be the primary beneficiary. The primary beneficiary is defined by the entity having both of the following characteristics: (1) the power to direct the activities that, when taken together, most significantly impact the VIE’s performance; and (2) the obligation to absorb losses and right to receive the returns from the VIE that would be significant to the VIE. The accompanying Condensed Consolidated Financial Statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) for interim financial information set forth in the Accounting Standards Codification (“ASC”), as published by the Financial Accounting Standards Board (“FASB”), and with the applicable rules and regulations of the Securities and Exchange Commission (“SEC”). Accordingly, they do not include all of the information and footnotes required by GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair statement of results for the interim period have been included. Operating results from any interim period are not necessarily indicative of the results that may be expected for the full fiscal year. The accompanying Condensed Consolidated Financial Statements and related notes should be read in conjunction with the audited consolidated financial statements and notes thereto included in our Annual Report on Form 10-K for the year ended December 31, 2017 (“Annual Report”), filed with the SEC on March 1, 2018. Accordingly, significant accounting policies and other disclosures normally provided have been omitted from the accompanying Condensed Consolidated Financial Statements and related notes since such items are disclosed in our Annual Report. Concentration of Credit Risks are party to a Master Lease agreement (the “Master Lease”) with Windstream Holdings, Inc. (“Windstream Holdings” and together with its subsidiaries, “Windstream”) from which substantially all of Uniti’s leasing revenues and operating cash flows are currently derived. On December 7, 2017, the entity issued a notice of acceleration to Windstream claiming that the alleged default had matured into an “event of default” and that the principal amount, along with accrued interest, of such securities was due and payable immediately. Accordingly, we monitor the credit quality of Windstream through numerous methods, including by (i) reviewing the credit ratings of Windstream by nationally recognized credit rating agencies, (ii) reviewing the financial statements of Windstream that are publicly available and that are required to be delivered to us pursuant to the Master Lease, (iii) monitoring ongoing litigation and news reports regarding Windstream and its businesses, (iv) conducting research to ascertain industry trends potentially affecting Windstream, and (v) monitoring the timeliness of its lease payments. Windstream is a publicly traded company and is subject to the periodic filing requirements of the Securities Exchange Act of 1934, as amended. Windstream filings can be found at www.sec.gov. Windstream filings are not incorporated by reference in this Quarterly Report on Form 10-Q. Income Taxes The Tax Cuts and Jobs Act (“Tax Bill”) was enacted on December 22, 2017. The Tax Bill reduces the U.S. federal corporate tax rate from 35% to 21%, requires companies to pay a one-time transition tax on earnings of certain foreign subsidiaries that were previously tax deferred and creates new taxes on certain foreign sourced earnings. Consistent with Staff Accounting Bulletin No. 118 issued by the SEC, which provides for a measurement period of one year from the enactment date to finalize the accounting for effects of the Tax Bill, the Company provisionally recorded an income tax benefit of $17.0 million related to the Tax Bill in the fourth quarter of 2017. During the second quarter of 2018, the purchase price allocations related to our acquisitions of Hunt Telecommunications, LLC and Southern Light, LLC were adjusted to record additional deferred tax liabilities of $3.2 million and $0.9 million, respectively, that existed as of the acquisition date. These deferred tax liabilities were recorded at the tax rate in effect as of the date of acquisition. Upon enactment of the Tax Bill, the incremental deferred tax liability would have been adjusted to the newly enacted corporate tax rate. This resulted in a decrease to the deferred tax liability and an income tax benefit of $1.3 million recorded for the three months ended June 30, 2018. As of 30, 2018, we have not yet completed our accounting for the tax effects of the enactment of the Tax Bill. Future regulatory and rulemaking interpretations or other guidance clarifying provisions of the Tax Bill could affect the Company’s analysis and tax position. Reclassifications Recently Issued Accounting Standards In August 2017, the FASB issued Accounting Standards Update (“ASU”) No. , Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities effective for annual periods beginning after December 15, 2018 and interim periods within those annual periods We adopted ASU 2017-12 effective January 1, 2018, and there was no material impact on our financial position In February 2017, the FASB issued ASU No. Other Income - Gains and Losses from the Derecognition of Nonfinancial Assets (Subtopic 610-20): Clarifying the Scope of Asset Derecognition Guidance and Accounting for Partial Sales of Nonfinancial Assets We adopted ASU 2017-05 effective January 1, 2018, using the modified retrospective approach and there was no material impact on our financial position In August 2016, the FASB issued ASU Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments We adopted ASU 2016-15 effective January 1, 2018, and there was no material impact on our financial position In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) See Note 3 In February 2016, the FASB issued ASU No. 2016-02, Leases (“ASC 842”), In January 2018, the FASB issued ASU 2018-01, Leases (Topic 842) – Land Easement Practical Expedient for Transition to Topic 842

Revenues

Revenues	9 Months Ended
	Sep. 30, 2018
Revenue From Contract With Customer [Abstract]
Revenues	Note 3. Revenues Adoption of ASC Topic 606, Revenue from Contracts with Customers Except for the changes below, we have consistently applied the accounting policies to all periods presented in these Condensed Consolidated Financial Statements. On January 1, 2018, we adopted Topic 606 using the modified retrospective method, whereby the cumulative effect of initially applying Topic 606 is recognized as an adjustment to the opening balance of equity at January 1, 2018. Therefore, comparative information has not been adjusted and continues to be reported under ASC 605, Revenue Recognition The details of the significant changes and quantitative impact of the changes are set out below. We have applied this guidance only to contracts that were not completed as of January 1, 2018, the date of initial application. Commissions We previously recognized commission fees related to obtaining a contract as selling expenses when incurred. Under Topic 606 and Topic 340, Other Assets and Deferred Costs September Nature of goods and services The following is a description of principal activities, separated by reportable segments ( see Note 11 Leasing Leasing revenue represents the results from our leasing program, Uniti Leasing, which is engaged in the acquisition of mission-critical communications assets and leasing them back to anchor customers on either an exclusive or shared-tenant basis. Due to the nature of these activities, they are outside the scope of the guidance of Topic 606, and are recognized under other applicable guidance, including ASC 840, Leases Fiber Infrastructure The Fiber Infrastructure segment represents the operations of our fiber business, Uniti Fiber, which provides (i) consumer, enterprise, wholesale and backhaul lit fiber, (ii) E-rate, (iii) small cell, (iv) construction services, (v) dark fiber and (vi) other revenue generating activities. i. Consumer, enterprise, wholesale, and backhaul lit fiber fall under the guidance of Topic 606. Revenue is recognized over the life of the contracts in a pattern that reflects the satisfaction of Uniti’s stand-ready obligation to provide lit fiber services. The transaction price is equal to the monthly-recurring charge multiplied by the contract term, plus any non-recurring or variable charges. For each contract, the customer is invoiced monthly. ii. E-rate contracts involve providing lit fiber services to schools and libraries, and is governed by Topic 606. Revenue is recognized over the life of the contract in a pattern that reflects the satisfaction of Uniti’s stand-ready obligation to provide lit fiber services. The transaction price is equal to the monthly-recurring charge multiplied by the contract term, plus any non-recurring or variable charges. For each contract, the customer is invoiced monthly. iii. Small cell contracts provide improved network connection to areas that may not require or accommodate a tower. Small cell arrangements typically contain five streams of revenue: site development, radio frequency (“RF”) design, dark fiber lease, construction services, and maintenance services. Site development, RF design and construction are each separate services and are considered distinct performance obligations under Topic 606. Dark fiber and associated maintenance services constitute a lease, and as such, they are outside the scope of Topic 606 and are governed by other applicable guidance. iv. Construction revenue is generated from contracts to provide various construction services such as equipment installation or the laying of fiber. Construction revenue is recognized over time as construction activities occur as we are either enhancing a customer’s owned asset or constructing an asset with no alternative use to us and we would be entitled to our costs plus a reasonable profit margin if the contract was terminated early by the customer. We are utilizing our costs incurred as the measure of progress of satisfying our performance obligation. v. Dark fiber arrangements represent operating leases under Topic 840 and is outside the scope of Topic 606. When (i) a customer makes an advance payment or (ii) a customer is contractually obligated to pay any amounts in advance, which is not deemed a separate performance obligation, deferred leasing revenue is recorded. This leasing revenue is recognized ratably over the expected term of the contract, unless the pattern of service suggests otherwise. vi. The Company generates revenues from other services, such as consultation services and equipment sales. Revenue from the sale of customer premise equipment and modems that are not provided as an essential part of the telecommunications services, including broadband, long distance, and enhanced services is recognized when products are delivered to and accepted by the customer. Revenue from customer premise equipment and modems provided as an essential part of the telecommunications services, including broadband, long distance, and enhanced services are recognized over time in a pattern that reflects the satisfaction of the service performance obligation. Towers The Towers segment represents the operations of our towers business, Uniti Towers, through which we acquire and construct tower and tower-related real estate, which we then lease to our customers in the United States and Latin America. Revenue from our towers business qualifies as a lease under Topic 840 and is outside the scope of Topic 606. Consumer CLEC The Consumer CLEC segment represents the operations of Talk America Services (“Talk America”) through which we operate the Consumer CLEC Business, which provides local telephone, high-speed internet and long-distance services to customers in the eastern and central United States. Customers are billed monthly for services rendered based on actual usage or contracted amounts. The transaction price is equal to the monthly-recurring charge multiplied by the initial contract term (typically 12 months), plus any non-recurring or variable charges. Disaggregation of Revenue The following table presents our revenues disaggregated by revenue stream. Three Months Ended September 30, Nine Months Ended September 30, (Thousands) 2018 2017 (1) 2018 2017 (1) Revenue disaggregated by revenue stream Revenue from contracts with customers Fiber Infrastructure Lit backhaul $ 32,920 $ 35,108 $ 99,740 $ 83,656 Enterprise and wholesale 16,052 14,471 47,032 21,392 E-Rate and government 16,463 15,101 44,850 28,850 Other 887 (19 ) 2,755 (297 ) Fiber Infrastructure $ 66,322 $ 64,661 $ 194,377 $ 133,601 Consumer CLEC 3,365 4,378 10,752 13,966 Total revenue from contracts with customers 69,687 69,039 205,129 147,567 Revenue accounted for under other applicable guidance 182,949 176,171 541,751 522,129 Total revenue $ 252,636 $ 245,210 $ 746,880 $ 669,696 (1) As noted above, prior period amounts have not been adjusted under the modified retrospective method. At September 30, 2018, and January 1, 2018, lease receivables were $ 20.1 36.8 Contract Assets (Unbilled Revenue) and Liabilities (Deferred Revenue) Contract liabilities are generally comprised of upfront fees charged to the customer for the cost of establishing the necessary components of the Company’s network prior to the commencement of use by the customer. Fees charged to customers for the recurring use of the Company’s network are recognized during the related periods of service. Upfront fees that are billed in advance of providing services are deferred until such time the customer accepts the Company’s network and then are recognized as service revenues ratably over a period in which substantive services required under the revenue arrangement are expected to be performed, which is the initial term of the arrangement. The following table provides information about contract assets and contract liabilities accounted for under Topic 606. (Thousands) Contract Assets Contract Liabilities Balance at January 1, 2018 $ 2,490 $ 26,256 Revenue recognized that was included in the contract liability balance at the beginning of the period - (7,826 ) Increases due to revenue recognized, and not billed during the period 11,583 - Increases due to cash received, excluding amounts recognized as revenue during the period - 4,041 Transferred to receivables from contract assets, recognized at the beginning of the period (8,214 ) - Balance at September 30, 2018 $ 5,859 $ 22,471 Transaction Price Allocated to Remaining Performance Obligations Performance obligations within contracts to stand ready to provide services are typically satisfied over time or as those services are provided. Contract assets primarily relate costs incremental to obtaining contracts and contract liabilities primarily relate to deferred revenue from non-recurring charges. The deferred revenue is recognized, and the liability reduced, over the contract term as the Company completes the performance obligation. As of September 30, 2018, our future revenues (i.e. transaction price related to remaining performance obligations) under contract accounted for under Topic 606 totaled $ 672.5 2.9 75.5 4.5 Practical Expedients and Exemptions We do not disclose the value of unsatisfied performance obligations for contracts that have an original expected duration of one year or less. We exclude from the transaction price any amounts collected from customers for sales taxes and therefore, they are not included in revenue.

Business Combinations and Asset

Business Combinations and Asset Acquisitions	9 Months Ended
	Sep. 30, 2018
Business Combinations [Abstract]
Business Combinations and Asset Acquisitions	Note 4. Business Combinations and Asset Acquisitions 2017 Transactions Asset Acquisitions Network Management Holdings LTD On January 31, 2017, we completed the acquisition of Network Management Holdings LTD (“NMS”). The Company accounted for the acquisition of NMS as an asset purchase. At close, NMS owned and operated 366 wireless communications towers in Latin America with an additional 105 build to suit tower sites under development. The NMS portfolio spans three Latin American countries with 212 towers in Mexico, 54 towers in Nicaragua, and 100 towers in Colombia. The consideration for the 366 wireless towers in operation as of the transaction close date was $62.6 million, which was funded through cash on hand, and is presented as NMS asset acquisition on the Condensed Consolidated Statements of Cash Flows. NMS conducts its operations through three non-U.S. subsidiaries and the Company has determined that the functional currencies for the Mexican, Nicaraguan and Colombian subsidiaries are the Mexican Peso, U.S. Dollar and Colombian Peso, respectively. The non-U.S. subsidiaries in which NMS conducts its operations are subject to income tax in the jurisdictions in which they operate. The acquisition did not result in a step up in tax basis under local law. The Company recorded a net deferred tax liability of $18.4 million and a liability for unrecognized tax benefits of $5.3 million in connection with the acquisition. The deferred tax liability is primarily related to the excess of the recorded amounts for Property, Plant & Equipment and Intangibles over their respective historical tax bases. Under the terms of the purchase agreement, we will acquire the towers under development when construction is completed. The NMS towers are reflected in our Towers segment. See Note 11 (thousands) Property, plant and equipment $ 36,417 Accounts receivable 2,826 Other assets 1,623 Intangible assets 52,437 Accounts payable, accrued expenses and other liabilities (8,895 ) Intangible liabilities (3,440 ) Deferred income taxes (18,403 ) Total purchase consideration $ 62,565 Of the $52.4 million of acquired intangible assets, $37.4 million was assigned to tenant contracts (22 year life), $13.5 million was assigned to network (22 year life) and $1.5 million was assigned to acquired above-market leases (10 year life). The acquired below-market lease intangible liability of $3.4 million has a 10 year life. See Note 8 . During the nine months ended September 30, 2018, construction was completed on 39 of the towers As of Business Combinations Southern Light, LLC On July 3, 2017, we acquired 100% of the outstanding equity of Southern Light for $638.1 million in cash and 2.5 million common units in the Operating Partnership with an acquisition date fair value of $64.3 million. Southern Light is a leading provider of data transport services along the Gulf Coast region serving twelve attractive Tier II and Tier III markets across Florida, Alabama, Louisiana, and Mississippi. The acquisition was recorded by allocating the costs of the assets acquired based on their estimated fair values at the acquisition date. The excess of the cost of the acquisition over the fair value of the assets acquired is recorded as goodwill within our Fiber Infrastructure segment. See Note 11 (thousands) Property, plant and equipment $ 279,467 Cash and cash equivalents 1,992 Accounts receivable 11,139 Other assets 1,287 Goodwill 319,508 Intangible assets 160,100 Accounts payable, accrued expenses and other liabilities (19,846 ) Deferred revenue (38,134 ) Deferred income taxes (9,892 ) Capital lease obligations (3,189 ) Total purchase consideration $ 702,432 During the second quarter of 2018, the purchase price allocation was adjusted to record $0.9 million of deferred tax labilities that existed at the date of acquisition. The goodwill arising from the transaction is primarily attributable to the expansion of our fiber network through the complementary nature of Southern Light’s fiber network to our existing fiber network, including anticipated incremental sales and cost savings. For federal income tax purposes, the transaction was treated as partially taxable (for portion paid in cash) and partially non-taxable (for portion paid with common units in the Operating Partnership). The portion of the acquisition that was treated as a taxable acquisition resulted in tax deductible goodwill. No tax deductible goodwill resulted from the portion of the acquisition that was treated as non-taxable. As part of the acquisition, we acquired an intangible asset that was assigned to customer relationships of $160.1 million (15 year life). See Note 8 . Hunt Telecommunications, LLC On July 3, 2017, we acquired 100% of the outstanding equity of Hunt for $129.3 million in cash and 1.6 million common units in the Operating Partnership with an acquisition date fair value of $41.6 million. Additional contingent consideration of up to $17 million, with an acquisition date fair value of $16.4 million, may be paid upon the achievement of certain revenue milestones by delivering shares of our common stock. See Note 5 . See Note 11 (thousands) Property, plant and equipment $ 59,682 Cash and cash equivalents 3,181 Accounts receivable 4,906 Other assets 413 Goodwill 99,580 Intangible assets 73,000 Accounts payable, accrued expenses and other liabilities (3,741 ) Deferred revenue (6,036 ) Deferred income taxes (43,550 ) Capital lease obligations (164 ) Total purchase consideration $ 187,271 During the first quarter of 2018, the purchase price allocation was adjusted to record certain deferred revenues and accrued liabilities that existed at the date of acquisition. Deferred revenue and accrued liabilities increased $2.2 million and $1.2 million, respectively. During the second quarter of 2018, the purchase price allocation was adjusted to record $3.2 million of deferred tax labilities that existed at the date of acquisition. The goodwill arising from the transaction is primarily attributable to the expansion of our fiber network through the complementary nature of Hunt’s fiber network to our existing fiber network, including anticipated incremental sales and cost savings. The goodwill is not expected to be deductible for tax purposes. As part of the acquisition we acquired an intangible asset that was assigned to customer relationships of $73 million (18 year life). See Note 8 .

Fair Value of Financial Instrum

Fair Value of Financial Instruments	9 Months Ended
	Sep. 30, 2018
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	Note 5. Fair Value of Financial Instruments FASB ASC 820, Fair Value Measurements Level 1 – Quoted prices (unadjusted) in active markets for identical assets or liabilities that the reporting entity can access at the assessment date Level 2 – Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly Level 3 – Unobservable inputs for the asset or liability Our financial instruments consist of cash and cash equivalents, accounts and other receivables, a derivative liability, our outstanding notes and other debt, contingent consideration and accounts, interest and dividends payable. The following table summarizes the fair value of our financial instruments at September 30, 2018 and December 31, 2017: (Thousands) Total Quoted Prices in Active Markets (Level 1) Prices with Other Observable Inputs (Level 2) Prices with Unobservable Inputs (Level 3) At September 30, 2018 Assets Derivative asset $ 64,410 $ - $ 64,410 $ - Total $ 64,410 $ - $ 64,410 $ - Liabilities Senior secured term loan B - variable rate, due October 24, 2022 $ 1,977,879 $ - $ 1,977,879 $ - Senior secured notes - 6.00%, due April 15, 2023 536,250 - 536,250 - Senior unsecured notes - 8.25%, due October 15, 2023 1,068,375 - 1,068,375 - Senior unsecured notes - 7.125%, due December 15, 2024 550,500 - 550,500 - Senior secured revolving credit facility, variable rate, due April 24, 2020 539,946 - 539,946 - Contingent consideration 86,435 - - 86,435 Total $ 4,759,385 $ - $ 4,672,950 $ 86,435 (Thousands) Total Quoted Prices in Active Markets (Level 1) Prices with Other Observable Inputs (Level 2) Prices with Unobservable Inputs (Level 3) At December 31, 2017 Assets Derivative asset $ 6,793 $ - $ 6,793 $ - Total $ 6,793 $ - $ 6,793 $ - Liabilities Senior secured term loan B - variable rate, due October 24, 2022 $ 2,011,237 $ - $ 2,011,237 $ - Senior secured notes - 6.00%, due April 15, 2023 540,375 - 540,375 - Senior unsecured notes - 8.25%, due October 15, 2023 1,073,925 - 1,073,925 - Senior unsecured notes - 7.125%, due December 15, 2024 542,250 - 542,250 - Senior secured revolving credit facility, variable rate, due April 24, 2020 279,972 - 279,972 - Contingent consideration 105,762 - - 105,762 Total $ 4,553,521 $ - $ 4,447,759 $ 105,762 The carrying value of cash and cash equivalents, accounts and other receivables, and accounts, interest and dividends payable approximate fair values due to the short-term nature of these financial instruments. The total principal balance of our outstanding notes and other debt was $4.87 billion at September 30, 2018, with a fair value of $4.67 billion. The estimated fair value of our outstanding notes and other debt was based on available external pricing data and current market rates for similar debt instruments, among other factors, which are classified as Level 2 inputs within the fair value hierarchy. Derivative assets are carried at fair value. See Note 7 As part of the acquisition of Hunt on July 3, 2017, we may be obligated to pay contingent consideration (the “Hunt Contingent Consideration”) upon the achievement of certain defined revenue milestones; therefore, we have recorded the estimated fair value of contingent consideration of approximately $13.0 million as of September 30, 2018. See Note 4 As part of the acquisition of Tower Cloud on August 31, 2016, we may be obligated to pay contingent consideration upon achievement of certain defined operational and financial milestones. At the Company’s discretion, a combination of cash and Uniti common shares may be used to satisfy the contingent consideration payments, provided that at least 50% of the aggregate amount of payments is satisfied in cash. September September Changes in the fair value of contingent consideration arrangements are recorded in our Condensed Consolidated Statement of Income in the period in which the change occurs. For the three and nine months ended September The following is a roll forward of our liabilities measured at fair value on a recurring basis using unobservable inputs (Level 3): (Thousands) December 31, 2017 Transfers into Level 3 (Gain)/Loss included in earnings Settlements September 30, 2018 Contingent consideration $ 105,762 $ - $ (687 ) $ (18,640 ) $ 86,435

Property, Plant and Equipment

Property, Plant and Equipment	9 Months Ended
	Sep. 30, 2018
Property Plant And Equipment [Abstract]
Property, Plant and Equipment	Note 6. Property, Plant and Equipment The carrying value of property, plant and equipment is as follows: (Thousands) Depreciable Lives September 30, 2018 December 31, 2017 Land Indefinite $ 27,025 $ 27,110 Building and improvements 3 - 40 years 336,106 333,121 Real property interests (1 ) 34,618 34,580 Poles 30 years 247,956 243,710 Fiber 30 years 2,917,678 2,671,216 Equipment 5 - 7 years 237,309 201,490 Copper 20 years 3,710,321 3,656,384 Conduit 30 years 89,692 91,210 Tower assets 20 years 100,668 59,610 Capital lease assets (1 ) 122,281 93,465 Other assets 15 - 20 years 10,628 10,232 Corporate assets 3 - 7 years 3,870 7,970 Construction in progress (1 ) 124,014 112,489 7,962,166 7,542,587 Less accumulated depreciation (4,806,960 ) (4,488,698 ) Net property, plant and equipment $ 3,155,206 $ 3,053,889 (1) See our Annual Report for property, plant and equipment accounting policies. Depreciation expense for the three and nine months ended September Depreciation expense for the three and nine months ended September

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activities	9 Months Ended
	Sep. 30, 2018
Derivative Instruments And Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities	Note 7. Derivative Instruments and Hedging Activities The Company uses derivative instruments to mitigate the effects of interest rate volatility inherent in our variable rate debt, which could unfavorably impact our future earnings and forecasted cash flows. The Company does not use derivative instruments for speculative or trading purposes. On April 27, 2015, we entered into fixed for floating interest rate swap agreements to mitigate the interest rate risk inherent in our variable rate Senior Secured Term Loan B facility. These interest rate swaps are designated as cash flow hedges and have a notional value of $2.07 billion and mature on October 24, 2022. The weighted average fixed rate paid is 2.105%, and the variable rate received resets monthly to the one-month LIBOR subject to a minimum rate of 1.0%. The Company does not currently have any master netting arrangements related to its derivative contracts. The following table summarizes the fair value and the presentation in our Condensed Consolidated Balance Sheet: (Thousands) Location on Condensed Consolidated Balance Sheet September 30, 2018 December 31, 2017 Interest rate swaps Derivative asset $ 64,410 $ 6,793 As of September 30, 2018 and December 31, 2017, all of the interest rate swaps were valued in net unrealized gain positions and recognized as asset balances within the derivative asset balance. For the three and nine months ended September 30, 2018, the amount recorded in other comprehensive income related to the unrealized gain on derivative instruments was $7.6 million and $54.0 million, respectively. For the three and nine months ended September 30, 2017, the amount recorded in other comprehensive income related to the unrealized loss on derivative instruments was $2.9 million and $20.6 million, respectively. The amount reclassified out of other comprehensive income into interest expense on our Condensed Consolidated Statement of Income for the three and nine months ended September 30, 2018, was $0.1 million and $3.7 million, respectively. The amount reclassified out of other comprehensive income into interest expense on our Condensed Consolidated Statement of Income for the three and nine months ended September 30, 2017, was $4.7 million and $16.3 million, respectively. September Amounts reported in accumulated other comprehensive income (loss) related to derivatives will be reclassified to interest expense as interest payments are made on our variable-rate debt. During the next twelve months, beginning October 1, 2018, we estimate that $0.4 million will be reclassified as an increase to interest expense.

Goodwill and Intangible Assets

Goodwill and Intangible Assets and Liabilities	9 Months Ended
	Sep. 30, 2018
Goodwill And Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets and Liabilities	Note 8. Goodwill and Intangible Assets and Liabilities Changes in the carrying amount of goodwill occurring during the nine months ended September (Thousands) Fiber Infrastructure Total Goodwill at December 31, 2017 $ 673,729 $ 673,729 Goodwill purchase accounting adjustments - See Note 4 7,446 7,446 Goodwill associated with 2018 acquisitions - - Goodwill at September 30, 2018 681,175 681,175 The carrying value of the intangible assets is as follows: (Thousands) September 30, 2018 December 31, 2017 Original Cost Cumulative Translation Adjustment Accumulated Amortization Original Cost Cumulative Translation Adjustment Accumulated Amortization Indefinite life intangible assets: Trade name $ 2,000 $ - $ - $ 2,000 $ - $ - Finite life intangible assets: Customer lists 421,743 - (63,318 ) 421,743 - (46,049 ) Tenant contracts 37,386 2,146 (2,995 ) 37,386 1,141 (1,605 ) Network ( 1) 13,541 773 (1,084 ) 13,541 410 (581 ) Acquired below-market leases 1,509 - (252 ) 1,509 - (138 ) Total intangible assets 479,098 477,730 Less: Accumulated amortization (67,649 ) (48,373 ) Total intangible assets, net $ 411,449 $ 429,357 Finite life intangible liabilities: Acquired above-market leases $ 3,440 $ 83 $ (587 ) $ 3,440 $ 15 $ (317 ) Finite life intangible liabilities: Acquired above-market leases 3,523 3,455 Less: Accumulated amortization (587 ) (317 ) Total intangible liabilities, net ( 2) $ 2,936 $ 3,138 (1) Reflects the potential to lease additional tower capacity on the existing towers due to their geographical location and capacity that currently exists on these towers as of the valuation date. (2) Recorded in accounts payable, accrued expenses and other liabilities on the Condensed Consolidated Balance Sheet. Amortization expense for the three and nine months ended September September Amortization expense is estimated to be $25.2 million for the full year of 2018, $24.5 million in 2019, $23.9 million in 2020, $23.5 million in 2021, and $23.0 million for 2022.

Notes and Other Debt

Notes and Other Debt	9 Months Ended
	Sep. 30, 2018
Long Term Debt [Abstract]
Notes and Other Debt	Note 9. Notes and Other Debt All debt, including the senior secured credit facility and notes described below, are obligations of the Operating Partnership and certain of its subsidiaries as discussed below. The Company is, however, a guarantor of such debt. Notes and other debt is as follows: (Thousands) September 30, 2018 December 31, 2017 Principal amount $ 4,871,077 $ 4,626,887 Less unamortized discount, premium and debt issuance costs (125,850 ) (144,190 ) Notes and other debt less unamortized discount, premium and debt issuance costs $ 4,745,227 $ 4,482,697 Notes and other debt at September 30, 2018 and December 31, 2017 consisted of the following: September 30, 2018 December 31, 2017 (Thousands) Principal Unamortized Discount, Premium and Debt Issuance Costs Principal Unamortized Discount, Premium and Debt Issuance Costs Senior secured term loan B - variable rate, due October 24, 2022 (discount is based on imputed interest rate of 5.66%) $ 2,071,077 (74,597 ) $ 2,086,887 $ (87,140 ) Senior secured notes - 6.00%, due April 15, 2023 (discount is based on imputed interest rate of 6.29%) 550,000 (7,472 ) 550,000 (8,508 ) Senior unsecured notes - 8.25%, due October 15, 2023 (discount is based on imputed interest rate of 9.06%) 1,110,000 (36,340 ) 1,110,000 (40,467 ) Senior unsecured notes - 7.125% due December 15, 2024 600,000 (7,441 ) 600,000 (8,075 ) Senior secured revolving credit facility, variable rate, due April 24, 2020 540,000 - 280,000 - Total $ 4,871,077 $ (125,850 ) $ 4,626,887 $ (144,190 ) At September 30, 2018, notes and other debt included the following: (i) $2.1 billion under the senior secured term loan B facility that matures on October 24, 2022 (“Term Loan Facility”) pursuant to the credit agreement by and among the Operating Partnership, CSL Capital, LLC and Uniti Group Finance Inc., the guarantors and lenders party thereto and Bank of America, N.A., as administrative agent and collateral agent (the “Credit Agreement”); (ii) $550.0 million aggregate principal amount of 6.00% Senior Secured Notes due April 15, 2023 (the “Secured Notes”); (iii) $1.11 billion aggregate principal amount of 8.25% Senior Notes due October 15, 2023 (the “2023 Notes”); (iv) $600 million aggregate principal amount of 7.125% Senior Unsecured Notes due December 15, 2024 (the “2024 Notes,” and together with the Secured Notes and 2023 Notes, the “Notes”), and (v) $540 million under the senior secured revolving credit facility, variable rate, that matures April 24, 2020 pursuant to the Credit Agreement (the “Revolving Credit Facility” and, together with the Term Loan Facility, the “Facilities”). On May 9, 2017, the Company completed its previously announced reorganization (the “up-REIT Reorganization”) to operate through a customary “up-REIT” structure. Under this structure, the Operating Partnership now holds substantially all of the Company’s assets and is the parent company of, among others, CSL Capital, LLC, Uniti Group Credit Agreement The Operating Partnership and its wholly-owned subsidiaries, CSL Capital, LLC, and Uniti Group Finance Inc. (collectively, the “Borrowers”) are party to the Credit Agreement, which provides for the Term Loan Facility (in an initial principal amount of $2.14 billion) and the Revolving Credit Facility. The term loans bear interest at a rate equal to LIBOR, subject to a 1.0% floor, plus an applicable margin equal to 3.00%, and are subject to amortization of 1.0% per annum. All obligations under the Credit Agreement are guaranteed by (i) the Company and (ii) certain of the Operating Partnership’s wholly-owned subsidiaries (the “Subsidiary Guarantors”), and are secured by substantially all of the assets of the Borrowers and the Subsidiary Guarantors, which assets also secure the Secured Notes. The Revolving Credit Facility bears interest at a rate equal to LIBOR plus 1.75% to 2.25% based on our consolidated secured leverage ratio, as defined in the Credit Agreement. On April 28, 2017, we amended the Credit Agreement to increase the commitments under our Revolving Credit Facility from $500 million to $750 million. Other terms of the Revolving Credit Facility remain unchanged. The Borrowers are subject to customary covenants under the Credit Agreement, including an obligation to maintain a consolidated secured leverage ratio, as defined in the Credit Agreement, not to exceed 5.00 to 1.00. We are permitted, subject to customary conditions, to incur (i) incremental term loan borrowings and/or increased commitments under the Credit Agreement in an unlimited amount, so long as, on a pro forma basis after giving effect to any such borrowings or increases, our consolidated secured leverage ratio, as defined in the Credit Agreement, does not exceed 4.00 to 1.00 and (ii) other indebtedness, so long as, on a pro forma basis after giving effect to any such indebtedness, our consolidated total leverage ratio, as defined in the Credit Agreement, does not exceed 6.50 to 1.00 and our consolidated secured leverage ratio, as defined in the Credit Agreement, does not exceed 4.00 to 1.00. In addition, the Credit Agreement contains customary events of default, including a cross default provision whereby the failure of the Borrowers or certain of their subsidiaries to make payments under other debt obligations, or the occurrence of certain events affecting those other borrowing arrangements, could trigger an obligation to repay any amounts outstanding under the Credit Agreement. In particular, a repayment obligation could be triggered if (i) the Borrowers or certain of their subsidiaries fail to make a payment when due of any principal or interest on any other indebtedness aggregating $75.0 million or more, or (ii) an event occurs that causes, or would permit the holders of any other indebtedness aggregating $75.0 million or more to cause, such indebtedness to become due prior to its stated maturity. As of September The Notes The Borrowers, as co-issuers, have outstanding $550 million aggregate principal amount of the Secured Notes, of which $400 million was originally issued on April 24, 2015 at an issue price of 100% of par value and the remaining $150 million was issued on June 9, 2016 at an issue price of 99.25% of the par value as an add-on to the existing Secured Notes. The Borrowers, as co-issuers, also have outstanding $1.11 billion aggregate principal amount of the 2023 Notes that were originally issued on April 24, 2015 at an issue price of 97.055% of par value. The Secured Notes and the 2023 Notes are guaranteed by the Company and the Subsidiary Guarantors. The Operating Partnership and its wholly- subsidiaries , of which $400 million was originally issued on December 15, 2016 at an issue price of Deferred Financing Cost Deferred financing costs were incurred in connection with the issuance of the Notes and the Facilities. These costs are amortized using the effective interest method over the term of the related indebtedness, and are included in interest expense in our Condensed Consolidated Statements of Income. For the three and nine months ended September September

Earnings Per Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2018
Earnings Per Share [Abstract]
Earnings Per Share	Note 10. Earnings Per Share Our time-based restricted stock awards are considered participating securities as they receive non-forfeitable rights to dividends at the same rate as common stock. As participating securities, we included these instruments in the computation of earnings per share under the two-class method described in FASB ASC 260, Earnings per Share We also have outstanding performance-based restricted stock units that contain forfeitable rights to receive dividends. Therefore, the awards are considered non-participating restrictive shares and are not dilutive under the two-class method until performance conditions are met. The earnings per share impact of the Company’s 3% Convertible Preferred Stock, $0.0001 par value (“Series A Shares”), issued in connection with the May 2, 2016 acquisition of PEG Bandwidth, LLC, is calculated using the net share settlement method, whereby the redemption value of the instrument is assumed to be settled in cash and only the conversion premium, if any, is assumed to be settled in shares. The Series A Shares provide Uniti the option to settle the instrument in cash or shares, and it is our policy to settle the instrument in cash upon conversion. The Hunt merger agreement provides for the issuance of additional common shares upon the achievement of certain defined revenue milestones. See Note 4 . The following sets forth the computation of basic and diluted earnings per share under the two-class method: Three Months Ended September 30, Nine Months Ended September 30, (Thousands, except per share data) 2018 2017 2018 2017 Basic earnings per share: Numerator: Net income (loss) available to shareholders $ 4,131 $ 4,728 $ 1,838 $ (31,732 ) Less: Income allocated to participating securities (395 ) (388 ) (1,264 ) (1,156 ) Income allocated to participating securities on share settled contingent consideration arrangements (260 ) - (728 ) - Dividends declared on convertible preferred stock (656 ) (656 ) (1,968 ) (1,968 ) Amortization of discount on convertible preferred stock (745 ) (745 ) (2,235 ) (2,235 ) Net income (loss) attributable to common shares $ 2,075 $ 2,939 $ (4,357 ) $ (37,091 ) Denominator: Basic weighted-average common shares outstanding 175,396 174,818 175,101 166,624 Basic earnings (loss) per common share $ 0.01 $ 0.02 $ (0.02 ) $ (0.22 ) Three Months Ended September 30, Nine Months Ended September 30, (Thousands, except per share data) 2018 2017 2018 2017 Diluted earnings per share: Numerator: Net income (loss) available to shareholders $ 4,131 $ 4,728 $ 1,838 $ (31,732 ) Less: Income allocated to participating securities (395 ) (388 ) (1,264 ) (1,156 ) Income allocated to participating securities on share settled contingent consideration arrangements (260 ) - (728 ) - Dividends declared on convertible preferred stock (656 ) (656 ) (1,968 ) (1,968 ) Amortization of discount on convertible preferred stock (745 ) (745 ) (2,235 ) (2,235 ) Mark-to-market gain on share settled contingent consideration arrangements - (6,964 ) - (6,964 ) Net income (loss) attributable to common shares $ 2,075 $ (4,025 ) $ (4,357 ) $ (44,055 ) Denominator: Basic weighted-average common shares outstanding 175,396 174,818 175,101 166,624 Contingent consideration (See Note 4) - 581 - 192 Effect of dilutive non-participating securities 257 - - - Weighted-average shares for dilutive earnings per common share 175,653 175,399 175,101 166,816 Dilutive earnings (loss) per common share $ 0.01 $ (0.02 ) $ (0.02 ) $ (0.26 ) For the three months ended September 30, 2018, 632,484 potential common shares related to Hunt Contingent Consideration were excluded from the computation of diluted earnings per share, as their effect would have been anti-dilutive. For the nine months ended September 30, 2018, 491,528 non-participating securities and 632,484 potential common shares related to Hunt Contingent Consideration were excluded from the computation of diluted earnings per share, as their effect would have been anti-dilutive. For the nine months ended September 30, 2017, 29,481 non-participating securities were excluded from the computation of diluted earnings per share, as their effect would have been anti-dilutive.

Segment Information

Segment Information	9 Months Ended
	Sep. 30, 2018
Segment Reporting [Abstract]
Segment Information	Note 11. Segment Information Our management, including our chief executive officer, who is our chief operating decision maker, manages our operations as four reportable segments in addition to our corporate operations which include: Leasing : Represents the results from our leasing programs, Uniti Leasing, which is engaged in the acquisition of mission-critical communications assets and leasing them back to anchor customers on either an exclusive or shared-tenant basis. Fiber Infrastructure : Represents the operations of our fiber business, Uniti Fiber, which is a leading provider of infrastructure solutions, including cell site backhaul and dark fiber, to the telecommunications industry. Towers : Represents the operations of our towers business, Uniti Towers, through which we acquire and construct tower and tower-related real estate, which we then lease to our customers in the United States and Latin America. Consumer CLEC : Represents the operations of Talk America Services (“Talk America”) through which we operate the Consumer CLEC Business, which prior to the Spin-Off was reported as an integrated operation within Windstream. Talk America provides local telephone, high-speed internet and long distance services to customers in the eastern and central United States. Corporate Represents our corporate and back office functions. Certain costs and expenses, primarily related to headcount, insurance, professional fees and similar charges, that are directly attributable to operations of our business segments are allocated to the respective segments. Management evaluates the performance of each segment using Adjusted EBITDA, which is a segment performance measure defined as net income determined in accordance with GAAP, before interest expense, provision for income taxes, depreciation and amortization, stock-based compensation expense, the impact, which may be recurring in nature, of transaction and integration related expenses, the write off of unamortized deferred financing costs, costs incurred as a result of the early repayment of debt, changes in the fair value of contingent consideration and financial instruments, and other similar items. The Company believes that net income, as defined by GAAP, is the most appropriate earnings metric; however we believe that Adjusted EBITDA serves as a useful supplement to net income because it allows investors, analysts and management to evaluate the performance of our segments in a manner that is comparable period over period. Adjusted EBITDA should not be considered as an alternative to net income as determined in accordance with GAAP. Selected financial data related to our segments is presented below for the three and nine months ended September 30, 2018 and 2017: Three Months Ended September 30, 2018 (Thousands) Leasing Fiber Infrastructure Towers Consumer CLEC Corporate Subtotal of Reportable Segments Revenues $ 174,822 $ 70,130 $ 4,319 $ 3,365 $ - $ 252,636 Adjusted EBITDA $ 174,123 $ 28,480 $ 1,213 $ 765 $ (5,421 ) $ 199,160 Less: Interest expense 80,406 Depreciation and amortization 83,857 26,605 1,734 498 54 112,748 Other income (1,038 ) Transaction related costs 2,323 Stock-based compensation 1,963 Income tax benefit (1,466 ) Net income $ 4,224 Three Months Ended September 30, 2017 (Thousands) Leasing Fiber Infrastructure Towers Consumer CLEC Corporate Subtotal of Reportable Segments Revenues $ 171,673 $ 66,363 $ 2,796 4,378 $ - $ 245,210 Adjusted EBITDA $ 171,215 $ 28,348 $ (98 ) $ 1,025 $ (5,552 ) $ 194,938 Less: Interest expense 78,784 Depreciation and amortization 87,320 24,050 1,326 652 96 113,444 Other income (3,933 ) Transaction related costs 8,512 Stock-based compensation 1,968 Income tax benefit (8,672 ) Net income $ 4,835 Nine Months Ended September 30, 2018 (Thousands) Leasing Fiber Infrastructure Towers Consumer CLEC Corporate Subtotal of Reportable Segments Revenues $ 521,481 $ 204,486 $ 10,161 $ 10,752 $ - $ 746,880 Adjusted EBITDA $ 519,848 $ 87,080 $ (417 ) $ 2,606 $ (16,245 ) $ 592,872 Less: Interest expense 237,398 Depreciation and amortization 257,055 78,754 4,786 1,495 221 342,311 Other income (1,574 ) Transaction related costs 12,025 Stock-based compensation 6,058 Income tax benefit (5,208 ) Net income $ 1,862 Nine Months Ended September 30, 2017 (Thousands) Leasing Fiber Infrastructure Towers Consumer CLEC Corporate Subtotal of Reportable Segments Revenues $ 512,893 $ 136,158 $ 6,679 13,966 $ - $ 669,696 Adjusted EBITDA $ 511,803 $ 52,533 $ (1,075 ) $ 3,514 $ (15,265 ) $ 551,510 Less: Interest expense 227,235 Depreciation and amortization 261,037 50,618 3,505 1,955 289 317,404 Other expense 9,638 Transaction related costs 32,213 Stock-based compensation 5,621 Income tax benefit (8,976 ) Net loss $ (31,625 )

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2018
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 12. Commitments and Contingencies In the ordinary course of our business, we are subject to claims and administrative proceedings, none of which we believe are material or would be expected to have, individually or in the aggregate, a material adverse effect on our business, financial condition, cash flows or results of operations. Pursuant to the Separation and Distribution Agreement entered into with Windstream in connection with the Spin-Off, Windstream has agreed to indemnify us (including our subsidiaries, directors, officers, employees and agents and certain other related parties) for any liability arising from or relating to legal proceedings involving Windstream's telecommunications business prior to the Spin-Off, and, pursuant to the Master Lease, Windstream has agreed to indemnify us for, among other things, any use, misuse, maintenance or repair by Windstream with respect to the Distribution Systems. Windstream is currently a party to various legal actions and administrative proceedings, including various claims arising in the ordinary course of its telecommunications business, which are subject to the indemnities provided by Windstream to us. Under the terms of the Tax Matters Agreement entered into with Windstream in connection with the Spin-Off, we are generally responsible for any taxes imposed on Windstream that arise from the failure of the Spin-Off and the debt exchanges to qualify as tax-free for U.S. federal income tax purposes, within the meaning of Section 355 and Section 368(a)(1)(D) of the Internal Revenue Code, as applicable, to the extent such failure to qualify is attributable to certain actions, events or transactions relating to our stock, indebtedness, assets or business, or a breach of the relevant representations or any covenants made by us in the Tax Matters Agreement, the materials submitted to the IRS in connection with the request for the private letter ruling or the representations provided

Accumulated Other Comprehensive

Accumulated Other Comprehensive (Loss) Income	9 Months Ended
	Sep. 30, 2018
Accumulated Other Comprehensive Income Loss Net Of Tax [Abstract]
Accumulated Other Comprehensive (Loss) Income	Note 13. Accumulated Other Comprehensive (Loss) Income Changes in accumulated other comprehensive (loss) income by component is as follows for the nine months ended September 30, 2018: Nine Months Ended September 30, (Thousands) 2018 2017 Cash flow hedge changes in fair value gain (loss): Balance at beginning of period attributable to common shareholders $ 6,351 $ (6,102 ) Other comprehensive income (loss) before reclassifications 53,968 (20,591 ) Amounts reclassified from accumulated other comprehensive income 3,649 16,251 Balance at end of period 63,968 (10,442 ) Less: Other comprehensive income attributable to noncontrolling interest 1,329 41 Balance at end of period attributable to common shareholders 62,639 (10,483 ) Foreign currency translation gain (loss): Balance at beginning of period attributable to common shareholders 1,470 (267 ) Translation adjustments 2,233 5,074 Balance at end of period 3,703 4,807 Less: Other comprehensive income attributable to noncontrolling interest 51 2 Balance at end of period attributable to common shareholders 3,652 4,805 Accumulated other comprehensive income (loss) at end of period $ 66,291 $ (5,678 )

Capital Stock

Capital Stock	9 Months Ended
	Sep. 30, 2018
Equity [Abstract]
Capital Stock	Note 14. Capital Stock We have an effective shelf registration statement on file with the SEC (the “Registration Statement”) to offer and sell various securities from time to time. Under the Registration Statement, we have established an at-the-market common stock offering program (the “ATM Program”) to sell shares of common stock having an aggregate offering price of up to $250.0 million. As of September 30, 2018, Company has issued and sold an aggregate of 3.2 million shares of common stock at a weighted average price of $20.52 per share under the ATM Program, receiving net proceeds of $64.4 million, after commissions of $0.8 million and other offering costs.

Subsequent Events

Subsequent Events	9 Months Ended
	Sep. 30, 2018
Subsequent Events [Abstract]
Subsequent Events	Note 15. Subsequent Events On November 1, 2018, we announced the acquisition of Information Transport Solutions, Inc. (“ITS”) for cash consideration of $54 million. ITS is a full-service managed services provider of technology solutions, primarily to educational institutions in Alabama and Florida. On October 9, 2018, we completed the previously announced sale-leaseback and fiber assets acquisition from CableSouth Media, LLC (“CableSouth”) for cash consideration of $31 million. In the transaction, the Company acquired approximately 43,000 fiber strand miles located across Arkansas, Louisiana and Mississippi, of which 34,000 fiber strand miles were leased back to CableSouth on a triple-net basis. Uniti has exclusive use of 9,000 fiber strand miles, which are adjacent to Uniti Fiber’s southern network footprint. The initial lease term is 20 years with four 5-year renewal options at CableSouth’s discretion. Annual cash rent is initially $2.9 million with a fixed annual escalator of 2.0%.

Basis of Presentation and Sum_2

Basis of Presentation and Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2018
Accounting Policies [Abstract]
Concentration of Credit Risks	Concentration of Credit Risks are party to a Master Lease agreement (the “Master Lease”) with Windstream Holdings, Inc. (“Windstream Holdings” and together with its subsidiaries, “Windstream”) from which substantially all of Uniti’s leasing revenues and operating cash flows are currently derived. On December 7, 2017, the entity issued a notice of acceleration to Windstream claiming that the alleged default had matured into an “event of default” and that the principal amount, along with accrued interest, of such securities was due and payable immediately. Accordingly, we monitor the credit quality of Windstream through numerous methods, including by (i) reviewing the credit ratings of Windstream by nationally recognized credit rating agencies, (ii) reviewing the financial statements of Windstream that are publicly available and that are required to be delivered to us pursuant to the Master Lease, (iii) monitoring ongoing litigation and news reports regarding Windstream and its businesses, (iv) conducting research to ascertain industry trends potentially affecting Windstream, and (v) monitoring the timeliness of its lease payments. Windstream is a publicly traded company and is subject to the periodic filing requirements of the Securities Exchange Act of 1934, as amended. Windstream filings can be found at www.sec.gov. Windstream filings are not incorporated by reference in this Quarterly Report on Form 10-Q.
Income Taxes	Income Taxes The Tax Cuts and Jobs Act (“Tax Bill”) was enacted on December 22, 2017. The Tax Bill reduces the U.S. federal corporate tax rate from 35% to 21%, requires companies to pay a one-time transition tax on earnings of certain foreign subsidiaries that were previously tax deferred and creates new taxes on certain foreign sourced earnings. Consistent with Staff Accounting Bulletin No. 118 issued by the SEC, which provides for a measurement period of one year from the enactment date to finalize the accounting for effects of the Tax Bill, the Company provisionally recorded an income tax benefit of $17.0 million related to the Tax Bill in the fourth quarter of 2017. During the second quarter of 2018, the purchase price allocations related to our acquisitions of Hunt Telecommunications, LLC and Southern Light, LLC were adjusted to record additional deferred tax liabilities of $3.2 million and $0.9 million, respectively, that existed as of the acquisition date. These deferred tax liabilities were recorded at the tax rate in effect as of the date of acquisition. Upon enactment of the Tax Bill, the incremental deferred tax liability would have been adjusted to the newly enacted corporate tax rate. This resulted in a decrease to the deferred tax liability and an income tax benefit of $1.3 million recorded for the three months ended June 30, 2018. As of 30, 2018, we have not yet completed our accounting for the tax effects of the enactment of the Tax Bill. Future regulatory and rulemaking interpretations or other guidance clarifying provisions of the Tax Bill could affect the Company’s analysis and tax position.
Reclassifications	Reclassifications
Recently Issued Accounting Standards	Recently Issued Accounting Standards In August 2017, the FASB issued Accounting Standards Update (“ASU”) No. , Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities effective for annual periods beginning after December 15, 2018 and interim periods within those annual periods We adopted ASU 2017-12 effective January 1, 2018, and there was no material impact on our financial position In February 2017, the FASB issued ASU No. Other Income - Gains and Losses from the Derecognition of Nonfinancial Assets (Subtopic 610-20): Clarifying the Scope of Asset Derecognition Guidance and Accounting for Partial Sales of Nonfinancial Assets We adopted ASU 2017-05 effective January 1, 2018, using the modified retrospective approach and there was no material impact on our financial position In August 2016, the FASB issued ASU Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments We adopted ASU 2016-15 effective January 1, 2018, and there was no material impact on our financial position In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) See Note 3 In February 2016, the FASB issued ASU No. 2016-02, Leases (“ASC 842”), In January 2018, the FASB issued ASU 2018-01, Leases (Topic 842) – Land Easement Practical Expedient for Transition to Topic 842

Revenues (Tables)

Revenues (Tables)	9 Months Ended
	Sep. 30, 2018
Segment Reporting [Abstract]
Revenues Disaggregated by Revenue Stream	The following table presents our revenues disaggregated by revenue stream. Three Months Ended September 30, Nine Months Ended September 30, (Thousands) 2018 2017 (1) 2018 2017 (1) Revenue disaggregated by revenue stream Revenue from contracts with customers Fiber Infrastructure Lit backhaul $ 32,920 $ 35,108 $ 99,740 $ 83,656 Enterprise and wholesale 16,052 14,471 47,032 21,392 E-Rate and government 16,463 15,101 44,850 28,850 Other 887 (19 ) 2,755 (297 ) Fiber Infrastructure $ 66,322 $ 64,661 $ 194,377 $ 133,601 Consumer CLEC 3,365 4,378 10,752 13,966 Total revenue from contracts with customers 69,687 69,039 205,129 147,567 Revenue accounted for under other applicable guidance 182,949 176,171 541,751 522,129 Total revenue $ 252,636 $ 245,210 $ 746,880 $ 669,696 (1) As noted above, prior period amounts have not been adjusted under the modified retrospective method.
Schedule of Contract Assets and Contract Liabilities	The following table provides information about contract assets and contract liabilities accounted for under Topic 606. (Thousands) Contract Assets Contract Liabilities Balance at January 1, 2018 $ 2,490 $ 26,256 Revenue recognized that was included in the contract liability balance at the beginning of the period - (7,826 ) Increases due to revenue recognized, and not billed during the period 11,583 - Increases due to cash received, excluding amounts recognized as revenue during the period - 4,041 Transferred to receivables from contract assets, recognized at the beginning of the period (8,214 ) - Balance at September 30, 2018 $ 5,859 $ 22,471

Business Combinations and Ass_2

Business Combinations and Asset Acquisitions (Tables)	9 Months Ended
	Sep. 30, 2018
Network Management Holdings LTD
Summary of Estimated Fair Values of Assets Acquired and Liabilities Assumed	The following is a summary of the estimated fair values of the assets acquired and liabilities assumed: (thousands) Property, plant and equipment $ 36,417 Accounts receivable 2,826 Other assets 1,623 Intangible assets 52,437 Accounts payable, accrued expenses and other liabilities (8,895 ) Intangible liabilities (3,440 ) Deferred income taxes (18,403 ) Total purchase consideration $ 62,565
Southern Light, LLC
Summary of Estimated Fair Values of Assets Acquired and Liabilities Assumed	The following is a summary of the estimated fair values of the assets acquired and liabilities assumed: (thousands) Property, plant and equipment $ 279,467 Cash and cash equivalents 1,992 Accounts receivable 11,139 Other assets 1,287 Goodwill 319,508 Intangible assets 160,100 Accounts payable, accrued expenses and other liabilities (19,846 ) Deferred revenue (38,134 ) Deferred income taxes (9,892 ) Capital lease obligations (3,189 ) Total purchase consideration $ 702,432
Hunt Telecommunications, LLC
Summary of Estimated Fair Values of Assets Acquired and Liabilities Assumed	(thousands) Property, plant and equipment $ 59,682 Cash and cash equivalents 3,181 Accounts receivable 4,906 Other assets 413 Goodwill 99,580 Intangible assets 73,000 Accounts payable, accrued expenses and other liabilities (3,741 ) Deferred revenue (6,036 ) Deferred income taxes (43,550 ) Capital lease obligations (164 ) Total purchase consideration $ 187,271

Fair Value of Financial Instr_2

Fair Value of Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2018
Fair Value Disclosures [Abstract]
Schedule of Fair Value Valuation of Financial Instruments	The following table summarizes the fair value of our financial instruments at September 30, 2018 and December 31, 2017: (Thousands) Total Quoted Prices in Active Markets (Level 1) Prices with Other Observable Inputs (Level 2) Prices with Unobservable Inputs (Level 3) At September 30, 2018 Assets Derivative asset $ 64,410 $ - $ 64,410 $ - Total $ 64,410 $ - $ 64,410 $ - Liabilities Senior secured term loan B - variable rate, due October 24, 2022 $ 1,977,879 $ - $ 1,977,879 $ - Senior secured notes - 6.00%, due April 15, 2023 536,250 - 536,250 - Senior unsecured notes - 8.25%, due October 15, 2023 1,068,375 - 1,068,375 - Senior unsecured notes - 7.125%, due December 15, 2024 550,500 - 550,500 - Senior secured revolving credit facility, variable rate, due April 24, 2020 539,946 - 539,946 - Contingent consideration 86,435 - - 86,435 Total $ 4,759,385 $ - $ 4,672,950 $ 86,435 (Thousands) Total Quoted Prices in Active Markets (Level 1) Prices with Other Observable Inputs (Level 2) Prices with Unobservable Inputs (Level 3) At December 31, 2017 Assets Derivative asset $ 6,793 $ - $ 6,793 $ - Total $ 6,793 $ - $ 6,793 $ - Liabilities Senior secured term loan B - variable rate, due October 24, 2022 $ 2,011,237 $ - $ 2,011,237 $ - Senior secured notes - 6.00%, due April 15, 2023 540,375 - 540,375 - Senior unsecured notes - 8.25%, due October 15, 2023 1,073,925 - 1,073,925 - Senior unsecured notes - 7.125%, due December 15, 2024 542,250 - 542,250 - Senior secured revolving credit facility, variable rate, due April 24, 2020 279,972 - 279,972 - Contingent consideration 105,762 - - 105,762 Total $ 4,553,521 $ - $ 4,447,759 $ 105,762
Roll Forward of Liabilities Measured at Fair Value on Recurring Basis Using Unobservable Inputs	The following is a roll forward of our liabilities measured at fair value on a recurring basis using unobservable inputs (Level 3): (Thousands) December 31, 2017 Transfers into Level 3 (Gain)/Loss included in earnings Settlements September 30, 2018 Contingent consideration $ 105,762 $ - $ (687 ) $ (18,640 ) $ 86,435

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	9 Months Ended
	Sep. 30, 2018
Property Plant And Equipment [Abstract]
Schedule of Carrying Value of Property, Plant and Equipment	The carrying value of property, plant and equipment is as follows: (Thousands) Depreciable Lives September 30, 2018 December 31, 2017 Land Indefinite $ 27,025 $ 27,110 Building and improvements 3 - 40 years 336,106 333,121 Real property interests (1 ) 34,618 34,580 Poles 30 years 247,956 243,710 Fiber 30 years 2,917,678 2,671,216 Equipment 5 - 7 years 237,309 201,490 Copper 20 years 3,710,321 3,656,384 Conduit 30 years 89,692 91,210 Tower assets 20 years 100,668 59,610 Capital lease assets (1 ) 122,281 93,465 Other assets 15 - 20 years 10,628 10,232 Corporate assets 3 - 7 years 3,870 7,970 Construction in progress (1 ) 124,014 112,489 7,962,166 7,542,587 Less accumulated depreciation (4,806,960 ) (4,488,698 ) Net property, plant and equipment $ 3,155,206 $ 3,053,889 (1) See our Annual Report for property, plant and equipment accounting policies.

Derivative Instruments and He_2

Derivative Instruments and Hedging Activities (Tables)	9 Months Ended
	Sep. 30, 2018
Derivative Instruments And Hedging Activities Disclosure [Abstract]
Summary of Fair Value of Derivative Instruments and Presentation in Condensed Consolidated Balance Sheet	The following table summarizes the fair value and the presentation in our Condensed Consolidated Balance Sheet: (Thousands) Location on Condensed Consolidated Balance Sheet September 30, 2018 December 31, 2017 Interest rate swaps Derivative asset $ 64,410 $ 6,793

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets and Liabilities (Tables)	9 Months Ended
	Sep. 30, 2018
Goodwill And Intangible Assets Disclosure [Abstract]
Schedule of Carrying Amount of Goodwill	Changes in the carrying amount of goodwill occurring during the nine months ended September (Thousands) Fiber Infrastructure Total Goodwill at December 31, 2017 $ 673,729 $ 673,729 Goodwill purchase accounting adjustments - See Note 4 7,446 7,446 Goodwill associated with 2018 acquisitions - - Goodwill at September 30, 2018 681,175 681,175
Schedule of Carrying Value of Intangible Assets	The carrying value of the intangible assets is as follows: (Thousands) September 30, 2018 December 31, 2017 Original Cost Cumulative Translation Adjustment Accumulated Amortization Original Cost Cumulative Translation Adjustment Accumulated Amortization Indefinite life intangible assets: Trade name $ 2,000 $ - $ - $ 2,000 $ - $ - Finite life intangible assets: Customer lists 421,743 - (63,318 ) 421,743 - (46,049 ) Tenant contracts 37,386 2,146 (2,995 ) 37,386 1,141 (1,605 ) Network ( 1) 13,541 773 (1,084 ) 13,541 410 (581 ) Acquired below-market leases 1,509 - (252 ) 1,509 - (138 ) Total intangible assets 479,098 477,730 Less: Accumulated amortization (67,649 ) (48,373 ) Total intangible assets, net $ 411,449 $ 429,357 Finite life intangible liabilities: Acquired above-market leases $ 3,440 $ 83 $ (587 ) $ 3,440 $ 15 $ (317 ) Finite life intangible liabilities: Acquired above-market leases 3,523 3,455 Less: Accumulated amortization (587 ) (317 ) Total intangible liabilities, net ( 2) $ 2,936 $ 3,138 (1) Reflects the potential to lease additional tower capacity on the existing towers due to their geographical location and capacity that currently exists on these towers as of the valuation date. (2) Recorded in accounts payable, accrued expenses and other liabilities on the Condensed Consolidated Balance Sheet.

Notes and Other Debt (Tables)

Notes and Other Debt (Tables)	9 Months Ended
	Sep. 30, 2018
Long Term Debt [Abstract]
Schedule of Notes and Other Debt	All debt, including the senior secured credit facility and notes described below, are obligations of the Operating Partnership and certain of its subsidiaries as discussed below. The Company is, however, a guarantor of such debt. Notes and other debt is as follows: (Thousands) September 30, 2018 December 31, 2017 Principal amount $ 4,871,077 $ 4,626,887 Less unamortized discount, premium and debt issuance costs (125,850 ) (144,190 ) Notes and other debt less unamortized discount, premium and debt issuance costs $ 4,745,227 $ 4,482,697 Notes and other debt at September 30, 2018 and December 31, 2017 consisted of the following: September 30, 2018 December 31, 2017 (Thousands) Principal Unamortized Discount, Premium and Debt Issuance Costs Principal Unamortized Discount, Premium and Debt Issuance Costs Senior secured term loan B - variable rate, due October 24, 2022 (discount is based on imputed interest rate of 5.66%) $ 2,071,077 (74,597 ) $ 2,086,887 $ (87,140 ) Senior secured notes - 6.00%, due April 15, 2023 (discount is based on imputed interest rate of 6.29%) 550,000 (7,472 ) 550,000 (8,508 ) Senior unsecured notes - 8.25%, due October 15, 2023 (discount is based on imputed interest rate of 9.06%) 1,110,000 (36,340 ) 1,110,000 (40,467 ) Senior unsecured notes - 7.125% due December 15, 2024 600,000 (7,441 ) 600,000 (8,075 ) Senior secured revolving credit facility, variable rate, due April 24, 2020 540,000 - 280,000 - Total $ 4,871,077 $ (125,850 ) $ 4,626,887 $ (144,190 )

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2018
Earnings Per Share [Abstract]
Schedule of Earnings Per Share Basic and Diluted	The following sets forth the computation of basic and diluted earnings per share under the two-class method: Three Months Ended September 30, Nine Months Ended September 30, (Thousands, except per share data) 2018 2017 2018 2017 Basic earnings per share: Numerator: Net income (loss) available to shareholders $ 4,131 $ 4,728 $ 1,838 $ (31,732 ) Less: Income allocated to participating securities (395 ) (388 ) (1,264 ) (1,156 ) Income allocated to participating securities on share settled contingent consideration arrangements (260 ) - (728 ) - Dividends declared on convertible preferred stock (656 ) (656 ) (1,968 ) (1,968 ) Amortization of discount on convertible preferred stock (745 ) (745 ) (2,235 ) (2,235 ) Net income (loss) attributable to common shares $ 2,075 $ 2,939 $ (4,357 ) $ (37,091 ) Denominator: Basic weighted-average common shares outstanding 175,396 174,818 175,101 166,624 Basic earnings (loss) per common share $ 0.01 $ 0.02 $ (0.02 ) $ (0.22 ) Three Months Ended September 30, Nine Months Ended September 30, (Thousands, except per share data) 2018 2017 2018 2017 Diluted earnings per share: Numerator: Net income (loss) available to shareholders $ 4,131 $ 4,728 $ 1,838 $ (31,732 ) Less: Income allocated to participating securities (395 ) (388 ) (1,264 ) (1,156 ) Income allocated to participating securities on share settled contingent consideration arrangements (260 ) - (728 ) - Dividends declared on convertible preferred stock (656 ) (656 ) (1,968 ) (1,968 ) Amortization of discount on convertible preferred stock (745 ) (745 ) (2,235 ) (2,235 ) Mark-to-market gain on share settled contingent consideration arrangements - (6,964 ) - (6,964 ) Net income (loss) attributable to common shares $ 2,075 $ (4,025 ) $ (4,357 ) $ (44,055 ) Denominator: Basic weighted-average common shares outstanding 175,396 174,818 175,101 166,624 Contingent consideration (See Note 4) - 581 - 192 Effect of dilutive non-participating securities 257 - - - Weighted-average shares for dilutive earnings per common share 175,653 175,399 175,101 166,816 Dilutive earnings (loss) per common share $ 0.01 $ (0.02 ) $ (0.02 ) $ (0.26 )

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
	Sep. 30, 2018
Segment Reporting [Abstract]
Schedule of Segment Reporting Information	Selected financial data related to our segments is presented below for the three and nine months ended September 30, 2018 and 2017: Three Months Ended September 30, 2018 (Thousands) Leasing Fiber Infrastructure Towers Consumer CLEC Corporate Subtotal of Reportable Segments Revenues $ 174,822 $ 70,130 $ 4,319 $ 3,365 $ - $ 252,636 Adjusted EBITDA $ 174,123 $ 28,480 $ 1,213 $ 765 $ (5,421 ) $ 199,160 Less: Interest expense 80,406 Depreciation and amortization 83,857 26,605 1,734 498 54 112,748 Other income (1,038 ) Transaction related costs 2,323 Stock-based compensation 1,963 Income tax benefit (1,466 ) Net income $ 4,224 Three Months Ended September 30, 2017 (Thousands) Leasing Fiber Infrastructure Towers Consumer CLEC Corporate Subtotal of Reportable Segments Revenues $ 171,673 $ 66,363 $ 2,796 4,378 $ - $ 245,210 Adjusted EBITDA $ 171,215 $ 28,348 $ (98 ) $ 1,025 $ (5,552 ) $ 194,938 Less: Interest expense 78,784 Depreciation and amortization 87,320 24,050 1,326 652 96 113,444 Other income (3,933 ) Transaction related costs 8,512 Stock-based compensation 1,968 Income tax benefit (8,672 ) Net income $ 4,835 Nine Months Ended September 30, 2018 (Thousands) Leasing Fiber Infrastructure Towers Consumer CLEC Corporate Subtotal of Reportable Segments Revenues $ 521,481 $ 204,486 $ 10,161 $ 10,752 $ - $ 746,880 Adjusted EBITDA $ 519,848 $ 87,080 $ (417 ) $ 2,606 $ (16,245 ) $ 592,872 Less: Interest expense 237,398 Depreciation and amortization 257,055 78,754 4,786 1,495 221 342,311 Other income (1,574 ) Transaction related costs 12,025 Stock-based compensation 6,058 Income tax benefit (5,208 ) Net income $ 1,862 Nine Months Ended September 30, 2017 (Thousands) Leasing Fiber Infrastructure Towers Consumer CLEC Corporate Subtotal of Reportable Segments Revenues $ 512,893 $ 136,158 $ 6,679 13,966 $ - $ 669,696 Adjusted EBITDA $ 511,803 $ 52,533 $ (1,075 ) $ 3,514 $ (15,265 ) $ 551,510 Less: Interest expense 227,235 Depreciation and amortization 261,037 50,618 3,505 1,955 289 317,404 Other expense 9,638 Transaction related costs 32,213 Stock-based compensation 5,621 Income tax benefit (8,976 ) Net loss $ (31,625 )

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive (Loss) Income (Tables)	9 Months Ended
	Sep. 30, 2018
Accumulated Other Comprehensive Income Loss Net Of Tax [Abstract]
Schedule of Changes in Accumulated Other Comprehensive (Loss) Income by Component	Changes in accumulated other comprehensive (loss) income by component is as follows for the nine months ended September 30, 2018: Nine Months Ended September 30, (Thousands) 2018 2017 Cash flow hedge changes in fair value gain (loss): Balance at beginning of period attributable to common shareholders $ 6,351 $ (6,102 ) Other comprehensive income (loss) before reclassifications 53,968 (20,591 ) Amounts reclassified from accumulated other comprehensive income 3,649 16,251 Balance at end of period 63,968 (10,442 ) Less: Other comprehensive income attributable to noncontrolling interest 1,329 41 Balance at end of period attributable to common shareholders 62,639 (10,483 ) Foreign currency translation gain (loss): Balance at beginning of period attributable to common shareholders 1,470 (267 ) Translation adjustments 2,233 5,074 Balance at end of period 3,703 4,807 Less: Other comprehensive income attributable to noncontrolling interest 51 2 Balance at end of period attributable to common shareholders 3,652 4,805 Accumulated other comprehensive income (loss) at end of period $ 66,291 $ (5,678 )

Organization and Description _2

Organization and Description of Business - Additional Information (Details) - Segment	9 Months Ended	12 Months Ended
	Sep. 30, 2018	Dec. 31, 2017
Organization And Description Of Business [Line Items]
Number of operating business segments	4
Uniti Group LP
Organization And Description Of Business [Line Items]
Percentage of partnership interests owned	97.70%	97.70%

Basis of Presentation and Sum_3

Basis of Presentation and Summary of Significant Accounting Policies - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended		12 Months Ended
	Jun. 30, 2018	Dec. 31, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Summary Of Significant Accounting Policies [Line Items]
Federal corporate level tax rate			21.00%		35.00%
Provisional income tax benefit		$ 17
Decrease in deferred tax liability and income tax benefit	$ 1.3
Hunt Telecommunications, LLC
Summary Of Significant Accounting Policies [Line Items]
Deferred tax liabilities	3.2
Southern Light, LLC
Summary Of Significant Accounting Policies [Line Items]
Deferred tax liabilities	$ 0.9
Windstream | Revenue
Summary Of Significant Accounting Policies [Line Items]
Master lease revenue percentage			69.60%	76.60%

Revenues - Additional Informati

Revenues - Additional Information (Details) - ASC 2014-09 - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2018	Jan. 01, 2018
Revenue Recognition [Line Items]
Increase in retained earnings			$ 1.9
Lease receivables	$ 20.1	$ 20.1	10.9
Receivables from contracts with customers	36.8	36.8	31.2
Future revenues under contract	672.5	672.5
Contracts currently being invoiced	$ 597	$ 597
Average remaining contract term	2 years 10 months 24 days	2 years 10 months 24 days
Backlog for sales bookings	$ 75.5	$ 75.5
Average remaining contract term of backlog sales bookings		4 years 6 months
General and Administrative Expense
Revenue Recognition [Line Items]
Impact of decrease in costs	(0.5)	$ (1.7)
Other Assets
Revenue Recognition [Line Items]
Deferred Costs	$ 4.2	$ 4.2	$ 2.5

Revenues - Revenues Disaggregat

Revenues - Revenues Disaggregated by Revenue Stream (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Disaggregation Of Revenue [Line Items]
Total revenue from contracts with customers	$ 69,687	$ 69,039	$ 205,129	$ 147,567
Total revenues	252,636	245,210	746,880	669,696
Fiber Infrastructure
Disaggregation Of Revenue [Line Items]
Total revenue from contracts with customers	66,322	64,661	194,377	133,601
Total revenues	70,130	66,363	204,486	136,158
Fiber Infrastructure | Lit Backhaul
Disaggregation Of Revenue [Line Items]
Total revenue from contracts with customers	32,920	35,108	99,740	83,656
Fiber Infrastructure | Enterprise and Wholesale
Disaggregation Of Revenue [Line Items]
Total revenue from contracts with customers	16,052	14,471	47,032	21,392
Fiber Infrastructure | E-Rate and Government
Disaggregation Of Revenue [Line Items]
Total revenue from contracts with customers	16,463	15,101	44,850	28,850
Fiber Infrastructure | Other
Disaggregation Of Revenue [Line Items]
Total revenue from contracts with customers	887	(19)	2,755	(297)
Consumer CLEC
Disaggregation Of Revenue [Line Items]
Total revenue from contracts with customers	3,365	4,378	10,752	13,966
Total revenues	3,365	4,378	10,752	13,966
ASC 2014-09
Disaggregation Of Revenue [Line Items]
Total revenues	$ 182,949	$ 176,171	$ 541,751	$ 522,129

Revenues - Schedule of Contract

Revenues - Schedule of Contract Assets and Contract Liabilities (Details) - ASC 2014-09 $ in Thousands	9 Months Ended
	Sep. 30, 2018USD ($)
Deferred Revenue Arrangement [Line Items]
Balance, Contract Assets at January 1, 2018	$ 2,490
Increases due to revenue recognized, and not billed during the period, Contract Assets	11,583
Transferred to receivables from contract assets, recognized at the beginning of the period, Contract Assets	(8,214)
Balance, Contract Assets at June 30, 2018	5,859
Balance, Contract Liabilities at January 1, 2018	26,256
Revenue recognized that was included in the contract liability balance at the beginning of the period, Contract Liabilities	(7,826)
Increases due to cash received, excluding amounts recognized as revenue during the period, Contract Liabilities	4,041
Balance, Contract Liabilities at June 30, 2018	$ 22,471

Business Combinations and Ass_3

Business Combinations and Asset Acquisitions - Additional Information (Details) $ in Thousands, shares in Millions	Jul. 03, 2017USD ($)shares	Jan. 31, 2017USD ($)Tower	Jun. 30, 2018USD ($)	Mar. 31, 2018USD ($)	Sep. 30, 2018USD ($)Tower	Sep. 30, 2017USD ($)	Dec. 31, 2017USD ($)
Business Acquisition [Line Items]
Cash paid for business acquisition					$ 3,299	$ 68,557
Contingent consideration					$ 86,435		$ 105,762
Network Management Holdings LTD
Business Acquisition [Line Items]
Business acquisition date					Jan. 31, 2017
Number of wireless towers owned | Tower		366			89
Cash paid for business acquisition		$ 62,600
Deferred Tax Liabilities		18,400
Unrecognized tax benefits		5,300
Intangible assets		52,437
Acquired below-market leases intangible liability		$ 3,440
Acquired finite-lived intangible liability, weighted average useful life		10 years
Number of towers construction completed | Tower					39
Payment for acquisition					$ 3,300
Number of towers cancelled | Tower					16
Network Management Holdings LTD | Customer Relationships
Business Acquisition [Line Items]
Finite-lived intangible assets acquired		$ 37,400
Acquired finite-lived intangible assets, weighted average useful life		22 years
Network Management Holdings LTD | Network
Business Acquisition [Line Items]
Finite-lived intangible assets acquired		$ 13,500
Acquired finite-lived intangible assets, weighted average useful life		22 years
Network Management Holdings LTD | Acquire Above-market Leases
Business Acquisition [Line Items]
Finite-lived intangible assets acquired		$ 1,500
Acquired finite-lived intangible assets, weighted average useful life		10 years
Network Management Holdings LTD | Latin American
Business Acquisition [Line Items]
Number of towers additional acquisition when construction is completed | Tower		105
Network Management Holdings LTD | Mexican
Business Acquisition [Line Items]
Number of wireless towers owned | Tower		212
Network Management Holdings LTD | Nicaragua
Business Acquisition [Line Items]
Number of wireless towers owned | Tower		54
Network Management Holdings LTD | Colombia
Business Acquisition [Line Items]
Number of wireless towers owned | Tower		100
Southern Light, LLC
Business Acquisition [Line Items]
Business acquisition date					Jul. 3, 2017
Cash paid for business acquisition	$ 638,100
Intangible assets	$ 160,100
Percentage of equity acquired	100.00%
Increase in deferred tax liabilities			$ 900
Southern Light, LLC | Common Units
Business Acquisition [Line Items]
Issuance of shares | shares	2.5
Fair value of shares issued for acquisition	$ 64,300
Southern Light, LLC | Customer Relationships
Business Acquisition [Line Items]
Intangible assets	$ 160,100
Acquired finite-lived intangible assets, weighted average useful life	15 years
Hunt Telecommunications, LLC
Business Acquisition [Line Items]
Business acquisition date					Jul. 3, 2017
Cash paid for business acquisition	$ 129,300
Intangible assets	$ 73,000
Percentage of equity acquired	100.00%
Increase in deferred tax liabilities			$ 3,200
Additional contingent consideration	$ 17,000
Contingent consideration	$ 16,400				$ 13,000
Increase in deferred revenue				$ 2,200
Increase in accrued liabilities				$ 1,200
Hunt Telecommunications, LLC | Common Units
Business Acquisition [Line Items]
Issuance of shares | shares	1.6
Fair value of shares issued for acquisition	$ 41,600
Hunt Telecommunications, LLC | Customer Relationships
Business Acquisition [Line Items]
Intangible assets	$ 73,000
Acquired finite-lived intangible assets, weighted average useful life	18 years

Business Combinations and Ass_4

Business Combinations and Asset Acquisitions - Summary of Estimated Fair Values of Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017	Jul. 03, 2017	Jan. 31, 2017
Business Acquisition [Line Items]
Goodwill	$ 681,175	$ 673,729
Network Management Holdings LTD
Business Acquisition [Line Items]
Property, plant and equipment				$ 36,417
Accounts receivable				2,826
Other assets				1,623
Intangible assets				52,437
Accounts payable, accrued expenses and other liabilities				(8,895)
Intangible liabilities				(3,440)
Deferred income taxes				(18,403)
Total purchase consideration				$ 62,565
Southern Light, LLC
Business Acquisition [Line Items]
Property, plant and equipment			$ 279,467
Cash and cash equivalents			1,992
Accounts receivable			11,139
Goodwill			319,508
Other assets			1,287
Intangible assets			160,100
Accounts payable, accrued expenses and other liabilities			(19,846)
Deferred revenue			(38,134)
Deferred income taxes			(9,892)
Capital lease obligations			(3,189)
Total purchase consideration			702,432
Hunt Telecommunications, LLC
Business Acquisition [Line Items]
Property, plant and equipment			59,682
Cash and cash equivalents			3,181
Accounts receivable			4,906
Goodwill			99,580
Other assets			413
Intangible assets			73,000
Accounts payable, accrued expenses and other liabilities			(3,741)
Deferred revenue			(6,036)
Deferred income taxes			(43,550)
Capital lease obligations			(164)
Total purchase consideration			$ 187,271

Fair Value of Financial Instr_3

Fair Value of Financial Instruments - Schedule of Fair Value Valuation of Financial Instruments (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Assets
Derivative asset	$ 64,410	$ 6,793
Total	64,410	6,793
Liabilities
Contingent consideration	86,435	105,762
Total	4,759,385	4,553,521
Prices with Other Observable Inputs (Level 2)
Assets
Derivative asset	64,410	6,793
Total	64,410	6,793
Liabilities
Total	4,672,950	4,447,759
Prices with Unobservable Inputs (Level 3)
Liabilities
Contingent consideration	86,435	105,762
Total	86,435	105,762
Senior Secured Term Loan B Facility
Liabilities
Senior secured loan	1,977,879	2,011,237
Senior Secured Term Loan B Facility | Prices with Other Observable Inputs (Level 2)
Liabilities
Senior secured loan	1,977,879	2,011,237
6.00% Senior Secured Notes
Liabilities
Senior notes	536,250	540,375
6.00% Senior Secured Notes | Prices with Other Observable Inputs (Level 2)
Liabilities
Senior notes	536,250	540,375
8.25% Senior Unsecured Notes
Liabilities
Senior notes	1,068,375	1,073,925
8.25% Senior Unsecured Notes | Prices with Other Observable Inputs (Level 2)
Liabilities
Senior notes	1,068,375	1,073,925
7.125% Senior Unsecured Notes
Liabilities
Senior notes	550,500	542,250
7.125% Senior Unsecured Notes | Prices with Other Observable Inputs (Level 2)
Liabilities
Senior notes	550,500	542,250
Senior Secured Revolving Credit Facility
Liabilities
Senior secured loan	539,946	279,972
Senior Secured Revolving Credit Facility | Prices with Other Observable Inputs (Level 2)
Liabilities
Senior secured loan	$ 539,946	$ 279,972

Fair Value of Financial Instr_4

Fair Value of Financial Instruments - Schedule of Fair Value Valuation of Financial Instruments (Parenthetical) (Details)	9 Months Ended	12 Months Ended
	Sep. 30, 2018	Dec. 31, 2017
6.00% Senior Secured Notes
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Issuance senior notes, stated percentage	6.00%	6.00%
Debt instrument, maturity date	Apr. 15, 2023	Apr. 15, 2023
8.25% Senior Unsecured Notes
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Issuance senior notes, stated percentage	8.25%	8.25%
Debt instrument, maturity date	Oct. 15, 2023	Oct. 15, 2023
7.125% Senior Unsecured Notes
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Issuance senior notes, stated percentage	7.125%	7.125%
Debt instrument, maturity date	Dec. 15, 2024	Dec. 15, 2024
Senior Secured Term Loan B Facility
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Debt instrument, maturity date	Oct. 24, 2022	Oct. 24, 2022
Senior Secured Revolving Credit Facility
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Debt instrument, maturity date	Apr. 24, 2020	Apr. 24, 2020

Fair Value of Financial Instr_5

Fair Value of Financial Instruments - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017	Jul. 03, 2017	Aug. 31, 2016
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Principal amount of outstanding notes and other debt	$ 4,871,077	$ 4,871,077		$ 4,626,887
Estimated fair value of future contingent consideration	86,435	86,435		$ 105,762
Payments of contingent consideration		18,640	$ 19,999
Increase (decrease) in fair value of contingent consideration liability	(200)	(687)	9,091
Hunt Telecommunications, LLC
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Estimated fair value of future contingent consideration	13,000	13,000			$ 16,400
Tower Cloud, Inc.
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Estimated fair value of future contingent consideration	73,400	73,400
Payments of contingent consideration		18,600	$ 20,000
Tower Cloud, Inc. | Minimum
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Percentage of aggregate amount of contingent consideration payments						50.00%
Prices with Other Observable Inputs (Level 2)
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Notes and other debt, fair value	$ 4,670,000	$ 4,670,000

Fair Value of Financial Instr_6

Fair Value of Financial Instruments - Roll Forward of Liabilities Measured at Fair Value on Recurring Basis Using Unobservable Inputs (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2018USD ($)
Fair Value Disclosures [Abstract]
Contingent consideration, beginning balance	$ 105,762
(Gain)/Loss included in earnings	(687)
Settlements	(18,640)
Contingent consideration, ending balance	$ 86,435

Property, Plant and Equipment -

Property, Plant and Equipment - Schedule of Carrying Value of Property, Plant and Equipment (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2018	Dec. 31, 2017
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	$ 7,962,166	$ 7,542,587
Less accumulated depreciation	(4,806,960)	(4,488,698)
Net property, plant and equipment	3,155,206	3,053,889
Land
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	27,025	27,110
Building and Improvements
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	$ 336,106	333,121
Building and Improvements | Minimum
Property Plant And Equipment [Line Items]
Depreciable Lives	3 years
Building and Improvements | Maximum
Property Plant And Equipment [Line Items]
Depreciable Lives	40 years
Real Property Interests
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	$ 34,618	34,580
Poles
Property Plant And Equipment [Line Items]
Depreciable Lives	30 years
Property, plant and equipment, gross	$ 247,956	243,710
Fiber
Property Plant And Equipment [Line Items]
Depreciable Lives	30 years
Property, plant and equipment, gross	$ 2,917,678	2,671,216
Equipment
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	$ 237,309	201,490
Equipment | Minimum
Property Plant And Equipment [Line Items]
Depreciable Lives	5 years
Equipment | Maximum
Property Plant And Equipment [Line Items]
Depreciable Lives	7 years
Copper
Property Plant And Equipment [Line Items]
Depreciable Lives	20 years
Property, plant and equipment, gross	$ 3,710,321	3,656,384
Conduit
Property Plant And Equipment [Line Items]
Depreciable Lives	30 years
Property, plant and equipment, gross	$ 89,692	91,210
Tower assets
Property Plant And Equipment [Line Items]
Depreciable Lives	20 years
Property, plant and equipment, gross	$ 100,668	59,610
Capital Lease Assets
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	122,281	93,465
Other assets
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	$ 10,628	10,232
Other assets | Minimum
Property Plant And Equipment [Line Items]
Depreciable Lives	15 years
Other assets | Maximum
Property Plant And Equipment [Line Items]
Depreciable Lives	20 years
Corporate assets
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	$ 3,870	7,970
Corporate assets | Minimum
Property Plant And Equipment [Line Items]
Depreciable Lives	3 years
Corporate assets | Maximum
Property Plant And Equipment [Line Items]
Depreciable Lives	7 years
Construction in progress
Property Plant And Equipment [Line Items]
Property, plant and equipment, gross	$ 124,014	$ 112,489

Property, Plant and Equipment_2

Property, Plant and Equipment - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Property Plant And Equipment [Abstract]
Depreciation expense	$ 106.5	$ 107.1	$ 323.4	$ 305.8

Derivative Instruments and He_3

Derivative Instruments and Hedging Activities - Additional Information (Details) - USD ($)	Apr. 27, 2015	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Derivative Instruments And Hedging Activities Disclosures [Line Items]
Unrealized gain (loss) on derivative instruments		$ 7,600,000	$ (2,900,000)	$ 54,000,000	$ (20,600,000)
Interest expense		80,406,000	78,784,000	237,398,000	227,235,000
Ineffective portion of change in fair value derivatives		0	0	0	0
Amounts reported in AOCI that will be reclassified into interest expense during the next twelve months		400,000		400,000
Reclassification Out of Other Comprehensive Income | Designated as Cash Flow Hedges
Derivative Instruments And Hedging Activities Disclosures [Line Items]
Interest expense		$ 100,000	$ 4,700,000	$ 3,700,000	$ 16,300,000
Interest Rate Swap
Derivative Instruments And Hedging Activities Disclosures [Line Items]
Derivative, notional value	$ 2,070,000,000
Derivative, maturity date	Oct. 24, 2022
Derivative, weighted average fixed rate paid	2.105%
Interest Rate Swap | Minimum
Derivative Instruments And Hedging Activities Disclosures [Line Items]
LIBOR, variable rate	1.00%

Derivative Instruments and He_4

Derivative Instruments and Hedging Activities - Summary of Fair Value of Derivative Instruments and Presentation in Condensed Consolidated Balance Sheet (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Derivatives Fair Value [Line Items]
Derivative asset	$ 64,410	$ 6,793
Interest Rate Swap
Derivatives Fair Value [Line Items]
Derivative asset	$ 64,410	$ 6,793

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets and Liabilities - Schedule of Carrying Amount of Goodwill (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2018USD ($)
Goodwill [Line Items]
Goodwill at December 31, 2017	$ 673,729
Goodwill purchase accounting adjustments	7,446
Goodwill at September 30, 2018	681,175
Fiber Infrastructure
Goodwill [Line Items]
Goodwill at December 31, 2017	673,729
Goodwill purchase accounting adjustments	7,446
Goodwill at September 30, 2018	$ 681,175

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets and Liabilities - Schedule of Carrying Value of the Intangible Assets (Details) - USD ($) $ in Thousands		9 Months Ended	12 Months Ended
		Sep. 30, 2018	Dec. 31, 2017
Schedule Of Indefinite And Finite Lived Intangible Assets And Liabilities [Line Items]
Total intangible assets, Original Cost		$ 479,098	$ 477,730
Less: Accumulated amortization		(67,649)	(48,373)
Total intangible assets, net		411,449	429,357
Trade Names
Schedule Of Indefinite And Finite Lived Intangible Assets And Liabilities [Line Items]
Indefinite life intangible assets, Original Cost		2,000	2,000
Customer Lists
Schedule Of Indefinite And Finite Lived Intangible Assets And Liabilities [Line Items]
Finite life intangible assets, Original Cost		421,743	421,743
Less: Accumulated amortization		(63,318)	(46,049)
Network
Schedule Of Indefinite And Finite Lived Intangible Assets And Liabilities [Line Items]
Finite life intangible assets, Original Cost	[1]	13,541	13,541
Less: Accumulated amortization	[1]	(1,084)	(581)
Finite life intangible assets, Cumulative translation adjustment	[1]	773	410
Acquired Above-market Leases
Schedule Of Indefinite And Finite Lived Intangible Assets And Liabilities [Line Items]
Finite life intangible liabilities, Original Cost		3,440	3,440
Acquired above-market leases		3,523	3,455
Less: Accumulated amortization		(587)	(317)
Total intangible liabilities, net	[2]	2,936	3,138
Finite life intangible liabilities, Cumulative translation adjustment		83	15
Acquired Below-market Leases
Schedule Of Indefinite And Finite Lived Intangible Assets And Liabilities [Line Items]
Finite life intangible assets, Original Cost		1,509	1,509
Less: Accumulated amortization		(252)	(138)
Tenant Contracts
Schedule Of Indefinite And Finite Lived Intangible Assets And Liabilities [Line Items]
Finite life intangible assets, Original Cost		37,386	37,386
Less: Accumulated amortization		(2,995)	(1,605)
Finite life intangible assets, Cumulative translation adjustment		$ 2,146	$ 1,141
[1]	Reflects the potential to lease additional tower capacity on the existing towers due to their geographical location and capacity that currently exists on these towers as of the valuation date.
[2]	Recorded in accounts payable, accrued expenses and other liabilities on the Condensed Consolidated Balance Sheet.

Goodwill and Intangible Asset_5

Goodwill and Intangible Assets and Liabilities - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Goodwill And Intangible Assets Disclosure [Abstract]
Amortization	$ 6.3	$ 6.3	$ 19	$ 11.6
Estimated amortization expense for 2018	25.2		25.2
Estimated amortization expense for 2019	24.5		24.5
Estimated amortization expense for 2020	23.9		23.9
Estimated amortization expense for 2021	23.5		23.5
Estimated amortization expense for 2022	$ 23		$ 23

Notes and Other Debt - Schedule

Notes and Other Debt - Schedule of Notes and Other Debt (Details) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Debt Instrument [Line Items]
Principal amount of notes and other debt	$ 4,871,077	$ 4,626,887
Less unamortized discount, premium and debt issuance costs	(125,850)	(144,190)
Notes and other debt less unamortized discount, premium and debt issuance costs	4,745,227	4,482,697
Senior Secured Term Loan B Facility
Debt Instrument [Line Items]
Principal amount of notes and other debt	2,071,077	2,086,887
Less unamortized discount, premium and debt issuance costs	(74,597)	(87,140)
Senior Secured Notes - 6.00% Due April 15, 2023
Debt Instrument [Line Items]
Principal amount of notes and other debt	550,000	550,000
Less unamortized discount, premium and debt issuance costs	(7,472)	(8,508)
Senior Unsecured Notes - 8.25% Due October 15, 2023
Debt Instrument [Line Items]
Principal amount of notes and other debt	1,110,000	1,110,000
Less unamortized discount, premium and debt issuance costs	(36,340)	(40,467)
Senior Unsecured Notes - 7.125% Due December 15, 2024
Debt Instrument [Line Items]
Principal amount of notes and other debt	600,000	600,000
Less unamortized discount, premium and debt issuance costs	(7,441)	(8,075)
Senior Secured Revolving Credit Facility
Debt Instrument [Line Items]
Principal amount of notes and other debt	$ 540,000	$ 280,000

Notes and Other Debt - Schedu_2

Notes and Other Debt - Schedule of Notes and Other Debt (Parenthetical) (Details)	9 Months Ended	12 Months Ended
	Sep. 30, 2018	Dec. 31, 2017
Senior Secured Term Loan B Facility
Debt Instrument [Line Items]
Debt instrument, maturity date	Oct. 24, 2022	Oct. 24, 2022
Debt instrument, imputed interest rate	5.66%	5.66%
Senior Secured Notes - 6.00% Due April 15, 2023
Debt Instrument [Line Items]
Debt instrument, maturity date	Apr. 15, 2023	Apr. 15, 2023
Debt instrument, imputed interest rate	6.29%	6.29%
Issuance senior notes, stated percentage	6.00%	6.00%
Senior Unsecured Notes - 8.25% Due October 15, 2023
Debt Instrument [Line Items]
Debt instrument, maturity date	Oct. 15, 2023	Oct. 15, 2023
Debt instrument, imputed interest rate	9.06%	9.06%
Issuance senior notes, stated percentage	8.25%	8.25%
Senior Unsecured Notes - 7.125% Due December 15, 2024
Debt Instrument [Line Items]
Debt instrument, maturity date	Dec. 15, 2024	Dec. 15, 2024
Issuance senior notes, stated percentage	7.125%	7.125%
Senior Secured Revolving Credit Facility
Debt Instrument [Line Items]
Debt instrument, maturity date	Apr. 24, 2020	Apr. 24, 2020

Notes and Other Debt - Addition

Notes and Other Debt - Additional Information (Details) - USD ($) $ in Thousands

May 08, 2017

Dec. 15, 2016

Jun. 09, 2016

Apr. 25, 2015

Sep. 30, 2018

Sep. 30, 2017

Sep. 30, 2018

Sep. 30, 2017

Dec. 31, 2017

Apr. 28, 2017

Apr. 27, 2017

Apr. 24, 2015

Debt Instrument [Line Items]

Debt instrument amount

$ 4,871,077

$ 4,871,077

$ 4,626,887

Amortization of deferred financing costs

3,700

$ 2,900

$ 11,000

$ 8,000

Maximum

Debt Instrument [Line Items]

Consolidated secured leverage ratio

500.00%

Consolidated total leverage ratio

650.00%

Maximum | Pro Forma

Debt Instrument [Line Items]

Consolidated secured leverage ratio

400.00%

CSL Capital, LLC

Debt Instrument [Line Items]

Debt instrument, debt default, description of violation or event of default

In particular, a repayment obligation could be triggered if (i) the Borrowers or certain of their subsidiaries fail to make a payment when due of any principal or interest on any other indebtedness aggregating $75.0 million or more, or (ii) an event occurs that causes, or would permit the holders of any other indebtedness aggregating $75.0 million or more to cause, such indebtedness to become due prior to its stated maturity.

Debt Instrument, debt default, amount

$ 75,000

Senior Secured Term Loan B Facility

Debt Instrument [Line Items]

Debt instrument amount

2,071,077

$ 2,071,077

$ 2,086,887

Debt instrument, maturity date

Oct. 24, 2022

Oct. 24, 2022

Senior Secured Term Loan B Facility | CSL Capital, LLC

Debt Instrument [Line Items]

Issuance of senior notes, principal amount

$ 2,140,000

$ 2,140,000

Debt amortization percentage

1.00%

1.00%

Senior Secured Term Loan B Facility | CSL Capital, LLC | London Interbank Offered Rate (LIBOR)

Debt Instrument [Line Items]

Debt instrument, basis spread on variable rate

3.00%

Senior Secured Term Loan B Facility | CSL Capital, LLC | Minimum | London Interbank Offered Rate (LIBOR)

Debt Instrument [Line Items]

Issuance senior notes, stated percentage

1.00%

1.00%

Senior Secured Notes - 6.00% Due April 15, 2023

Debt Instrument [Line Items]

Debt instrument amount

$ 550,000

$ 550,000

$ 550,000

Debt instrument, maturity date

Apr. 15, 2023

Apr. 15, 2023

Issuance senior notes, stated percentage

6.00%

6.00%

6.00%

Senior Secured Notes - 6.00% Due April 15, 2023 | CSL Capital, LLC

Debt Instrument [Line Items]

Issuance of senior notes, principal amount

$ 150,000

$ 550,000

$ 550,000

$ 400,000

Notes issued price percentage at par

99.25%

100.00%

Senior Unsecured Notes - 8.25% Due October 15, 2023

Debt Instrument [Line Items]

Debt instrument amount

$ 1,110,000

$ 1,110,000

$ 1,110,000

Debt instrument, maturity date

Oct. 15, 2023

Oct. 15, 2023

Issuance senior notes, stated percentage

8.25%

8.25%

8.25%

Senior Unsecured Notes - 8.25% Due October 15, 2023 | CSL Capital, LLC

Debt Instrument [Line Items]

Issuance of senior notes, principal amount

$ 1,110,000

Notes issued price percentage at par

97.055%

Senior Unsecured Notes - 7.125% Due December 15, 2024

Debt Instrument [Line Items]

Debt instrument amount

$ 600,000

$ 600,000

$ 600,000

Debt instrument, maturity date

Dec. 15, 2024

Dec. 15, 2024

Issuance senior notes, stated percentage

7.125%

7.125%

7.125%

Senior Unsecured Notes - 7.125% Due December 15, 2024 | CSL Capital, LLC

Debt Instrument [Line Items]

Debt instrument amount

$ 600,000

$ 600,000

Issuance of senior notes, principal amount

$ 200,000

$ 400,000

Notes issued price percentage at par

100.50%

100.00%

Senior Secured Revolving Credit Facility

Debt Instrument [Line Items]

Debt instrument amount

$ 540,000

$ 540,000

$ 280,000

Debt instrument, maturity date

Apr. 24, 2020

Apr. 24, 2020

Senior Secured Revolving Credit Facility | CSL Capital, LLC

Debt Instrument [Line Items]

Commitments under revolving credit facility

$ 750,000

$ 500,000

Senior Secured Revolving Credit Facility | CSL Capital, LLC | Minimum | London Interbank Offered Rate (LIBOR)

Debt Instrument [Line Items]

Debt instrument, basis spread on variable rate

1.75%

Senior Secured Revolving Credit Facility | CSL Capital, LLC | Maximum | London Interbank Offered Rate (LIBOR)

Debt Instrument [Line Items]

Debt instrument, basis spread on variable rate

2.25%

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Details) - $ / shares	May 02, 2016	Sep. 30, 2018	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Preferred stock, par value		$ 0.0001	$ 0.0001		$ 0.0001
Non-Participating Securities
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Anti-dilutive securities excluded from the computation of diluted earnings per share			491,528	29,481
PEG Bandwidth, LLC | Series A Convertible Preferred Stock
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Percentage of dividend rate on convertible preferred stock	3.00%
Preferred stock, par value	$ 0.0001
Hunt Telecommunications, LLC | Common Stock
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Anti-dilutive securities excluded from the computation of diluted earnings per share		632,484	632,484

Earnings Per Share - Schedule o

Earnings Per Share - Schedule of Earnings Per Share Basic and Diluted (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Numerator:
Net income (loss) available to shareholders	$ 4,131	$ 4,728	$ 1,838	$ (31,732)
Less: Income allocated to participating securities	(395)	(388)	(1,264)	(1,156)
Income allocated to participating securities on share settled contingent consideration arrangements	(260)		(728)
Dividends declared on convertible preferred stock	(656)	(656)	(1,968)	(1,968)
Amortization of discount on convertible preferred stock	(745)	(745)	(2,235)	(2,235)
Net income (loss) attributable to common shareholders	$ 2,075	$ 2,939	$ (4,357)	$ (37,091)
Denominator:
Basic weighted-average common shares outstanding	175,396	174,818	175,101	166,624
Basic earnings (loss) per common share	$ 0.01	$ 0.02	$ (0.02)	$ (0.22)
Numerator:
Net income (loss) available to shareholders	$ 4,131	$ 4,728	$ 1,838	$ (31,732)
Less: Income allocated to participating securities	(395)	(388)	(1,264)	(1,156)
Income allocated to participating securities on share settled contingent consideration arrangements	(260)		(728)
Dividends declared on convertible preferred stock	(656)	(656)	(1,968)	(1,968)
Amortization of discount on convertible preferred stock	(745)	(745)	(2,235)	(2,235)
Mark-to-market gain on share settled contingent consideration arrangements		(6,964)		(6,964)
Net income (loss) attributable to common shares	$ 2,075	$ (4,025)	$ (4,357)	$ (44,055)
Denominator:
Basic weighted-average common shares outstanding	175,396	174,818	175,101	166,624
Contingent consideration		581		192
Effect of dilutive non-participating securities	257
Weighted-average shares for dilutive earnings per common share	175,653	175,399	175,101	166,816
Dilutive earnings (loss) per common share	$ 0.01	$ (0.02)	$ (0.02)	$ (0.26)

Segment Information - Additiona

Segment Information - Additional Information (Details)	9 Months Ended
	Sep. 30, 2018Segment
Segment Reporting [Abstract]
Number of reportable business segments	4

Segment Information - Schedule

Segment Information - Schedule of Segment Information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Segment Reporting Information [Line Items]
Revenues	$ 252,636	$ 245,210	$ 746,880	$ 669,696
Adjusted EBITDA	199,160	194,938	592,872	551,510
Interest expense	80,406	78,784	237,398	227,235
Depreciation and amortization	112,748	113,444	342,311	317,404
Other (income) expense	(1,038)	(3,933)	(1,574)	9,638
Transaction related costs	2,323	8,512	12,025	32,213
Stock-based compensation	1,963	1,968	6,058	5,621
Income tax benefit	(1,466)	(8,672)	(5,208)	(8,976)
Net income (loss)	4,224	4,835	1,862	(31,625)
Leasing
Segment Reporting Information [Line Items]
Revenues	174,822	171,673	521,481	512,893
Adjusted EBITDA	174,123	171,215	519,848	511,803
Depreciation and amortization	83,857	87,320	257,055	261,037
Fiber Infrastructure
Segment Reporting Information [Line Items]
Revenues	70,130	66,363	204,486	136,158
Adjusted EBITDA	28,480	28,348	87,080	52,533
Depreciation and amortization	26,605	24,050	78,754	50,618
Towers
Segment Reporting Information [Line Items]
Revenues	4,319	2,796	10,161	6,679
Adjusted EBITDA	1,213	(98)	(417)	(1,075)
Depreciation and amortization	1,734	1,326	4,786	3,505
Consumer CLEC
Segment Reporting Information [Line Items]
Revenues	3,365	4,378	10,752	13,966
Adjusted EBITDA	765	1,025	2,606	3,514
Depreciation and amortization	498	652	1,495	1,955
Corporate
Segment Reporting Information [Line Items]
Adjusted EBITDA	(5,421)	(5,552)	(16,245)	(15,265)
Depreciation and amortization	$ 54	$ 96	$ 221	$ 289

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Details)	Sep. 30, 2018USD ($)
Commitments And Contingencies Disclosure [Abstract]
Obligations under tax matters agreement	$ 0

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive (Loss) Income - Schedule of Changes in Accumulated Other Comprehensive (Loss) Income by Component (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Accumulated Other Comprehensive Income Loss [Line Items]
Balance at beginning of period attributable to common shareholders			$ (1,308,549)
Changes in foreign currency translation	$ 2,547	$ 76	2,233	$ 5,074
Ending balance, value	(1,405,171)	(1,135,657)	(1,405,171)	(1,135,657)
Balance at end of period attributable to common shareholders	(1,500,544)		(1,500,544)
Accumulated other comprehensive income (loss) at end of period	66,291	(5,678)	66,291	(5,678)	$ 7,821
Cash Flow Hedge Changes in Fair Value Gain (Loss)
Accumulated Other Comprehensive Income Loss [Line Items]
Balance at beginning of period attributable to common shareholders			6,351	(6,102)
Other comprehensive income (loss) before reclassifications			53,968	(20,591)
Amounts reclassified from accumulated other comprehensive income			3,649	16,251
Ending balance, value	63,968	(10,442)	63,968	(10,442)
Less: Other comprehensive income attributable to noncontrolling interest			1,329	41
Balance at end of period attributable to common shareholders	62,639	(10,483)	62,639	(10,483)
Foreign Currency Translation Gain (Loss)
Accumulated Other Comprehensive Income Loss [Line Items]
Balance at beginning of period attributable to common shareholders			1,470	(267)
Changes in foreign currency translation			2,233	5,074
Ending balance, value	3,703	4,807	3,703	4,807
Less: Other comprehensive income attributable to noncontrolling interest			51	2
Balance at end of period attributable to common shareholders	$ 3,652	$ 4,805	$ 3,652	$ 4,805

Capital Stock - Additional Info

Capital Stock - Additional Information (Details) - USD ($) $ / shares in Units, $ in Thousands	Sep. 30, 2018	Sep. 30, 2018	Sep. 30, 2017	Dec. 31, 2017
Schedule Of Capitalization Equity [Line Items]
Aggregate offering price of common stock	$ 18	$ 18		$ 17
Proceeds from issuance of common stock, net of issuance costs		64,423	$ 498,924
Common Stock
Schedule Of Capitalization Equity [Line Items]
Issued and sold common stock shares			19,528,302
ATM Program
Schedule Of Capitalization Equity [Line Items]
Proceeds from issuance of common stock, net of issuance costs	64,400
Payments for stock issuance costs, commissions	800
ATM Program | Maximum
Schedule Of Capitalization Equity [Line Items]
Aggregate offering price of common stock	$ 250,000	$ 250,000
ATM Program | Common Stock
Schedule Of Capitalization Equity [Line Items]
Issued and sold common stock shares	3,200,000
Weighted average price per share	$ 20.52

Subsequent Events - Additional

Subsequent Events - Additional Information (Details) - Subsequent Events $ in Millions	Nov. 01, 2018USD ($)	Oct. 09, 2018USD ($)RenewalOptionmi
ITS
Subsequent Event [Line Items]
Cash consideration to acquire assets | $	$ 54
CableSouth
Subsequent Event [Line Items]
Cash consideration to acquire assets | $		$ 31
Fiber strand miles expected to be acquired | mi		43,000
Fiber strand miles expected to be acquired and leaseback | mi		34,000
Triple-net lease arrangement term		20 years
Number of lease renewal options | RenewalOption		4
Triple-net lease renewal term		5 years
Annual rent income | $		$ 2.9
Fixed annual escalator		2.00%
CableSouth | Uniti Fibers Southern Network
Subsequent Event [Line Items]
Fiber strand miles | mi		9,000