Radius Global Infrastructure (RADI) S-1 10 Jun 21 IPO registration Financial data

Cover

Cover	3 Months Ended
	Mar. 31, 2021
Cover [Abstract]
Document Type	S-1
Amendment Flag	false
Entity Registrant Name	Radius Global Infrastructure, Inc.
Entity Central Index Key	0001810739
Entity Filer Category	Non-accelerated Filer
Entity Emerging Growth Company	true
Entity Small Business	true
Entity Ex Transition Period	true

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 86,977	$ 99,896	$ 62,892
Restricted cash	1,916	1,614	1,140
Trade receivables, net	7,814	7,829	7,578
Prepaid expenses and other current assets	19,138	17,352	9,199
Total current assets	115,845	126,691	80,809
Real property interests, net:
Right-of-useassets-finance leases, net	255,310	237,862	80,498
Telecom real property interests, net	913,320	851,529	346,662
Real property interests, net	1,168,630	1,089,391	427,160
Intangible assets, net	6,293	5,880	2,848
Property and equipment, net	1,478	1,382	1,095
Goodwill	80,509	80,509
Deferred tax asset	1,135	1,173	991
Restricted cash, long-term	107,841	113,938	14,014
Other long-term assets	8,726	9,266	5,892
Total assets	1,490,457	1,428,230	532,809
Current liabilities:
Accounts payable and accrued expenses	34,654	30,854	22,786
Rent received in advance	23,276	19,587	13,856
Finance lease liabilities, current	10,420	9,920	5,749
Telecom real property interest liabilities, current	5,011	5,749	8,379
Current portion of long-term debt, net of deferred financing costs			48,884
Total current liabilities	73,361	66,110	99,654
Finance lease liabilities	22,996	23,925	10,451
Telecom real property interest liabilities	11,523	11,813	8,462
Long-term debt, net of debt discount and deferred financing costs	805,332	728,473	524,047
Deferred tax liability	55,000	57,137
Other long-term liabilities	8,561	8,704	5,531
Total liabilities	976,773	896,162	648,145
Commitments and contingencies
Stockholders' equity/Members' deficit:
Additional paid-in capital (Successor)	678,058	673,955
Accumulated deficit	(220,816)	(213,237)	(208,883)
Accumulated other comprehensive income	1,466	15,768	(25,472)
Total stockholders' equity attributable to Radius Global Infrastructure, Inc.	458,708	476,486
Total members' deficit attributable to Radius Global Infrastructure, Inc.			(115,336)
Noncontrolling interest	54,976	55,582
Total liabilities and stockholders' equity	1,490,457	1,428,230	532,809
Series A Founder Preferred Stock
Stockholders' equity/Members' deficit:
Preferred Shares (Successor), Value
Series B Founder Preferred Stock
Stockholders' equity/Members' deficit:
Preferred Shares (Successor), Value
Class A Common Stock
Stockholders' equity/Members' deficit:
Common stock value	0	0
Class B Common Stock
Stockholders' equity/Members' deficit:
Common stock value	$ 0	$ 0
Class A Common Units
Stockholders' equity/Members' deficit:
Common units (Predecessor)			33,672
Total members' deficit attributable to Radius Global Infrastructure, Inc.			33,672
Common Units
Stockholders' equity/Members' deficit:
Common units (Predecessor)			85,347
Total members' deficit attributable to Radius Global Infrastructure, Inc.			$ 85,347

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Mar. 31, 2021	Dec. 31, 2020
Preferred stock, shares issued	1,600,000	1,600,000
Series A Founder Preferred Stock
Preferred stock, no par value
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	1,600,000	1,600,000
Preferred stock, shares issued	1,600,000	1,600,000
Preferred stock, shares outstanding	1,600,000	1,600,000
Common stock, shares, outstanding	0	0
Series B Founder Preferred Stock
Preferred stock, no par value
Preferred stock, par value	$ 0.0001	$ 0.0001
Preferred stock, shares authorized	1,386,033	1,386,033
Preferred stock, shares issued	1,386,033	1,386,033
Preferred stock, shares outstanding	1,386,033	1,386,033
Class A Common Stock
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, no par value
Common stock, shares authorized	1,590,000,000	1,590,000,000
Common stock, shares, issued	61,212,042	58,425,000
Common stock, shares, outstanding	61,212,042	58,425,000
Class B Common Stock
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, no par value
Common stock, shares authorized	200,000,000	200,000,000
Common stock, shares, issued	11,611,769	11,414,030
Common stock, shares, outstanding	11,611,769	11,414,030

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	1 Months Ended	2 Months Ended	3 Months Ended	11 Months Ended	12 Months Ended
	Feb. 09, 2020	Mar. 31, 2020	Mar. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Income Statement [Abstract]
Financial Designation, Predecessor and Successor [Fixed List]	Predecessor	Successor	Successor	Successor	Predecessor
Revenue	$ 6,836	$ 8,755	$ 22,172	$ 62,923	$ 55,706
Cost of service	34	71	295	619	326
Gross profit	6,802	8,684	21,877	62,304	55,380
Operating expenses:
Selling, general and administrative	4,344	8,667	15,389	60,565	36,783
Share-based compensation		71,363	4,103	83,421
Management incentive plan					893
Amortization and depreciation	2,584	7,115	14,080	43,005	19,132
Impairment-decommission of cell sites	530	521	687	1,975	2,570
Total operating expenses	7,458	87,666	34,259	188,966	59,378
Operating loss	(656)	(78,982)	(12,382)	(126,662)	(3,998)
Other income (expense):
Realized and unrealized (loss) gain on foreign currency debt	11,500	4,269	14,607	(40,434)	(6,118)
Interest expense, net	(3,623)	(3,534)	(8,987)	(25,201)	(32,038)
Other income (expense), net	(277)	153	(2,145)	1,916	177
Gain on extinguishment of debt				1,264
Total other income (expense), net	7,600	888	3,475	(62,455)	(37,979)
Income (loss) before income tax expense	6,944	(78,094)	(8,907)	(189,117)	(41,977)
Income tax expense (benefit)	767	987	(722)	2,825	2,468
Net income (loss)	$ 6,177	(79,081)	(8,185)	(191,942)	$ (44,445)
Net loss attributable to noncontrolling interest		(771)	(606)	(9,851)
Net loss attributable to Radius Global Infrastructure, Inc. common shareholders		(78,310)	(7,579)	$ (182,091)
Stock dividend payment to holders of Series A Founders Preferred Stock			(31,391)
Net loss attributable to common stockholders		$ (78,310)	$ (38,970)
Loss per common share:
Basic and diluted		$ (1.34)	$ (0.66)	$ (3.12)
Weighted average common shares outstanding:
Basic and diluted		58,425,000	59,479,707	58,425,000

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($) $ in Thousands	1 Months Ended	2 Months Ended	3 Months Ended	11 Months Ended	12 Months Ended
	Feb. 09, 2020	Mar. 31, 2020	Mar. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Statement of Comprehensive Income [Abstract]
Financial Designation, Predecessor and Successor [Fixed List]	Predecessor	Successor	Successor	Successor	Predecessor
Net income (loss)	$ 6,177	$ (79,081)	$ (8,185)	$ (191,942)	$ (44,445)
Other comprehensive income (loss):
Foreign currency translation adjustment	(7,165)	(18,863)	(14,302)	15,768	904
Comprehensive loss	$ (988)	$ (97,944)	$ (22,487)	$ (176,174)	$ (43,541)

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY/MEMBERS' DEFICIT - USD ($) $ in Thousands	Total	Class A Common Units	Common Units	Series A Founder Preferred Stock	Series B Founder Preferred Stock	Class B Common Stock	Class A Common Stock	Accumulated Deficit	Accumulated Other Comprehensive Loss	Common Stock [Member]	Additional Paid-in Capital	Noncontrolling Interest
Balance at Dec. 31, 2018	$ (77,874)	$ 33,672	$ 85,347					$ (170,517)	$ (26,376)
Balance, Shares at Dec. 31, 2018		4,003,603	20,000,000
Consolidation of variable interest entity	6,079							6,079
Foreign currency translation adjustment	904								904
Net income	(44,445)							(44,445)
Balance at Dec. 31, 2019	(115,336)	$ 33,672	$ 85,347					(208,883)	(25,472)
Balance, Shares at Dec. 31, 2019		4,003,603	20,000,000
Foreign currency translation adjustment	(7,165)								(7,165)
Net income	6,177							6,177
Balance at Feb. 09, 2020	559,388							(31,146)			$ 590,534
Balance at Feb. 09, 2020	(116,324)	$ 33,672	$ 85,347					(202,706)	(32,637)
Balance, Shares at Feb. 09, 2020		4,003,603	20,000,000	1,600,000			58,425,000			58,425,000
Issuances of shares in APW Acquisition	64,193											$ 64,193
Issuances of shares in APW Acquisition, shares						6,014,030
Share-based compensation	71,363										71,363
Share-based compensation, shares					1,386,033	5,400,000
Foreign currency translation adjustment	(18,863)								(18,863)
Net income	(79,081)							(78,310)				(771)
Balance at Mar. 31, 2020	597,000							(109,456)	(18,863)		661,897	63,422
Balance, Shares at Mar. 31, 2020				1,600,000	1,386,033	11,414,030				58,425,000
Balance at Feb. 09, 2020	559,388							(31,146)			590,534
Balance at Feb. 09, 2020	(116,324)	$ 33,672	$ 85,347					(202,706)	(32,637)
Balance, Shares at Feb. 09, 2020		4,003,603	20,000,000	1,600,000			58,425,000			58,425,000
Issuances of shares in APW Acquisition	65,433											65,433
Issuances of shares in APW Acquisition, shares						6,014,030
Share-based compensation	83,421										83,421
Share-based compensation, shares					1,386,033	5,400,000
Foreign currency translation adjustment	15,768								15,768
Net income	(191,942)							(182,091)				(9,851)
Balance at Dec. 31, 2020	532,068							(213,237)	15,768		673,955	55,582
Balance, Shares at Dec. 31, 2020				1,600,000	1,386,033	11,414,030	58,425,000			58,425,000
Issuance of shares as stock dividend to holders of Series A Founder Preferred Stock						197,739				2,474,421
Exercise of warrants, shares										100
Exercise of stock options, shares										2,600
Share-based compensation	4,103										4,103
Share-based compensation, shares										309,921
Foreign currency translation adjustment	(14,302)								(14,302)
Net income	(8,185)							(7,579)				(606)
Balance at Mar. 31, 2021	$ 513,684							$ (220,816)	$ 1,466		$ 678,058	$ 54,976
Balance, Shares at Mar. 31, 2021				1,600,000	1,386,033	11,611,769				61,212,042

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	1 Months Ended	2 Months Ended	3 Months Ended	11 Months Ended	12 Months Ended
	Feb. 09, 2020	Mar. 31, 2020	Mar. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Cash flows from operating activities:
Net income (loss)	$ 6,177	$ (79,081)	$ (8,185)	$ (191,942)	$ (44,445)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Amortization and depreciation	2,584	7,115	14,080	43,005	19,132
Amortization of finance lease and telecom real property interest liabilities discount	213	177	317	1,279	2,097
Impairment-decommissions	530	521	687	1,975	2,570
Realized and unrealized loss (gain) on foreign currency debt	(11,500)	(4,269)	(14,607)	40,434	6,118
Amortization of debt discount and deferred financing costs	280	10	135	192	2,920
Provision for bad debt expense	26	53	(45)	323	761
Share-based compensation		71,363	4,103	83,421
Deferred income taxes	339	441	(1,909)	(962)	(570)
Gain on extinguishment of debt				(1,264)
Change in assets and liabilities:
Trade receivables, net	(682)	(404)	(151)	(53)	(2,492)
Prepaid expenses and other assets	935	(1,464)	(1,878)	(5,911)	(6,428)
Accounts payable, accrued expenses and other long-term liabilities	(4,605)	(23,432)	4,084	(15,316)	11,228
Rent received in advance	2,251	36	3,969	2,282	2,520
Net cash provided by (used in) operating activities	(3,452)	(28,934)	600	(42,537)	(6,589)
Cash flows from investing activities:
Cash paid in APW Acquisition, net of cash acquired		(277,065)		(277,065)
Investments in real property interests and related intangible assets	(5,064)	(16,519)	(104,684)	(175,665)	(78,052)
Consolidation of variable interest entity					4,457
Advances on note receivable	(17,500)	(2,500)		(2,500)
Payments received on note receivable				20,000
Purchases of property and equipment	(40)	(119)	(328)	(1,049)	(317)
Net cash used in investing activities	(22,604)	(296,203)	(105,012)	(436,279)	(73,912)
Cash flows from financing activities:
Borrowings under loan agreements			93,940	160,475	75,480
Proceeds from term loans and other debt agreements				3,245	18,600
Repayments of term loans and other debt	(250)		(54)	(48,065)	(19,350)
Debt issuance costs			(1,780)	(3,721)	(3,031)
Repayments of finance lease and telecom real property interest liabilities	(3,149)	(124)	(4,481)	(12,081)	(12,601)
Net cash provided by (used in) financing activities	(3,399)	(124)	87,625	99,853	59,098
Net change in cash and cash equivalents and restricted cash	(29,455)	(325,261)	(16,787)	(378,963)	(21,403)
Effect of change in foreign currency exchange rates on cash, cash equivalents and restricted cash	(232)	(972)	(1,927)	5,783	(1,965)
Cash and cash equivalents and restricted cash at beginning of period		588,628	215,448	588,628
Cash and cash equivalents and restricted cash at beginning of period	78,046	48,359		48,359	101,414
Cash and cash equivalents and restricted cash at end of period	588,628	262,395	196,734	215,448
Cash and cash equivalents and restricted cash at end of period	48,359				78,046
Supplemental disclosure of cash and non-cash transactions:
Cash paid for interest	4,684	2,719	9,502	22,574	28,781
Debt issuance costs incurred but not paid					779
Cash paid for income taxes	$ 1,112	$ 77	$ 581	$ 2,748	$ 1,080

Organization

Organization	3 Months Ended	12 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization	1. Organization Radius Global Infrastructure, Inc. (together with its subsidiaries, “Radius” and/or the “Company”), formerly known as Landscape Acquisition Holdings Limited (“Landscape”) and Digital Landscape Group, Inc., is a holding company that owns 91.8% of the parent of AP WIP Investments Holdings, LP (“AP Wireless”), which is one of the largest international aggregators of rental streams underlying wireless and other digital infrastructure sites through the acquisition of telecom real property interests and contractual rights. The Company typically purchases, primarily for a lump sum, the right to receive future rental payments generated pursuant to an existing lease (and any subsequent lease or extension or amendment thereof) between a property owner and an owner of a wireless tower or antennae, or other digital infrastructure (each such lease, a “Tenant Lease”). Typically, the Company acquires the rental stream by way of a purchase of a real property interest in the land underlying the wireless tower antennae or other digital infrastructure. These are most commonly easements, usufructs, leasehold and sub-leasehold The Company was incorporated with limited liability under the laws of the British Virgin Islands under the BVI Business Companies Act, 2004, as amended, on November 1, 2017. The Company was originally formed to undertake an acquisition of a target company or business. On February 10, 2020 (the “Closing Date”), the Company completed its acquisition by purchasing AP Wireless, a Delaware limited partnership and the direct parent of AP WIP Investments, LLC (“AP WIP Investments”), pursuant to a merger agreement entered into on November 19, 2019. The acquisition, together with the other transactions contemplated by the merger agreement are referred to herein as the “Transaction” and/or “APW Acquisition”. In connection with the closing of the Transaction, Landscape changed its name to Digital Landscape Group, Inc. Upon completion of the Transaction, on the Closing Date, the Company acquired a 91.8%. interest in APW OpCo LLC (“APW OpCo”), the parent of AP Wireless and the indirect parent of AP WIP Investments. The Transaction was completed through a merger of a newly created subsidiary of Landscape with and into APW OpCo, with APW OpCo surviving such merger as a majority owned subsidiary of Landscape. Following the Transaction and as noted above, the Company owned 91.8% of APW OpCo. The remaining 8.2% interest in APW OpCo is owned by certain former partners of Associated Partners, L.P. (“Associated Partners”), the selling party in the Transaction. Such partners of Associated Partners were members of APW OpCo immediately prior to the Closing Date and elected to roll over their investment in AP Wireless in connection with the APW Acquisition (the “Continuing OpCo Members”). As a result, the AP Wireless business is 100% owned by the Company and the Continuing OpCo Members. On October 2, 2020, the Company effected a discontinuance under Section 184 of the BVI Business Companies Act, 2004, as amended, and a domestication under Section 388 of the General Corporation Law of the State of Delaware, pursuant to which the Company’s jurisdiction of incorporation was changed from the British Virgin Islands to the State of Delaware (the “Domestication”). Effective upon the Domestication, the Company was renamed “Radius Global Infrastructure, Inc.” On October 2, 2020, in connection with the Domestication, the Company delisted its ordinary shares (the “Ordinary Shares”) and warrants (the “Warrants”) from trading on the London Stock Exchange. The Ordinary Shares automatically converted by operation of law into shares (“Class A Shares”) of the Company’s Class A common stock, par value $0.0001 per share (“Class A Common Stock”), and on October 5, 2020, the Class A Common Stock began trading on the Nasdaq Global Market under the symbol “RADI”. Accordingly, for disclosures of historical transactions involving the Company’s common equity pertaining to periods prior to October 2, 2020 (the date of the Domestication), references are made in the notes to the condensed consolidated financial statements to “Ordinary Shares”, the legal form of the Company’s common equity prior to October 2, 2020.	1. Organization Radius Global Infrastructure, Inc. (together with its subsidiaries, “Radius” and/or the “Company”), formerly known as Landscape Acquisition Holdings Limited (“Landscape”) and Digital Landscape Group, Inc., is one of the largest international aggregators of rental streams underlying wireless sites through the acquisition of wireless telecom real property interests and contractual rights. The Company typically purchases, primarily for a lump sum, the right to receive future rental payments generated pursuant to an existing ground lease or rooftop lease (and any subsequent lease or extension or amendment thereof) between a property owner and an owner of a wireless tower or antennae (each such lease, a “Tenant Lease”). Typically, the Company acquires the rental stream by way of a purchase of a real property interest in the land underlying the wireless tower or antennae, most commonly easements, usufructs, leasehold and sub-leasehold The Company was incorporated with limited liability under the laws of the British Virgin Islands under the BVI Business Companies Act, 2004, as amended, on November 1, 2017. The Company was originally formed to undertake an acquisition of a target company or business. On February 10, 2020 (the “Closing Date”), the Company completed its acquisition by purchasing AP WIP Investments Holdings, LP (“AP Wireless”), a Delaware limited partnership and the direct parent of AP WIP Investments, LLC (“AP WIP Investments”), pursuant to a merger agreement entered into on November 19, 2019. The acquisition, together with the other transactions contemplated by the merger agreement are referred to herein as the “Transaction” and/or “APW Acquisition”. In connection with the closing of the Transaction, Landscape changed its name to Digital Landscape Group, Inc. Upon completion of the Transaction, on the Closing Date, the Company acquired a 91.8%. interest in APW OpCo LLC (“APW OpCo”), the parent of AP Wireless and the indirect parent of AP WIP Investments, for consideration of approximately $860,000 less (i) debt as of June 30, 2019 of approximately $539,000, (ii) approximately $65,000 to redeem a minority investor in the AP Wireless business, and (iii) allocable transaction expenses of approximately $10,700 plus (iv) cash as of June 30, 2019 of approximately $66,500 (subject to certain limited adjustments). The Transaction was completed through a merger of a newly created subsidiary of Landscape with and into APW OpCo, with APW OpCo surviving such merger as a majority owned subsidiary of Landscape. Following the Transaction and as noted above, the Company owned 91.8% of APW OpCo. The remaining 8.2% interest in APW OpCo is owned by certain former partners of Associated Partners, L.P. (“Associated Partners”), the selling party in the Transaction. Such partners of Associated Partners were members of APW OpCo immediately prior to the Closing Date and elected to roll over their investment in AP Wireless in connection with the APW Acquisition (the “Continuing OpCo Members”). As a result, the AP Wireless business is 100% owned by the Company and the Continuing OpCo Members. In connection with the APW Acquisition, the Company entered into a subscription agreement, dated as of November 20, 2019 and amended and supplemented as of February 7, 2020 (the “Centerbridge Subscription Agreement”), with Centerbridge Partners Real Estate Fund, L.P., Centerbridge Partners Real Estate Fund SBS, L.P. and Centerbridge Special Credit Partners III, L.P. (collectively, the “Centerbridge Entities”). Pursuant to the Centerbridge Subscription Agreement, the Centerbridge Entities subscribed for $100,000 of Ordinary Shares at a price of $10.00 per share (the “Centerbridge Subscription”) in connection with, and contingent upon the consummation of, the APW Acquisition. The cash proceeds from the Centerbridge Subscription are available for general corporate purposes, including the acquisition of real property interests and revenue streams critical for wireless communications. On October 2, 2020, the Company effected a discontinuance under Section 184 of the BVI Business Companies Act, 2004, as amended, and a domestication under Section 388 of the General Corporation Law of the State of Delaware, pursuant to which the Company’s jurisdiction of incorporation was changed from the British Virgin Islands to the State of Delaware (the “Domestication”). Effective upon the Domestication, the Company was renamed “Radius Global Infrastructure, Inc.” On October 2, 2020, in connection with the Domestication, the Company delisted its ordinary shares (the “Ordinary Shares”) and warrants (the “Warrants”) from trading on the London Stock Exchange (the “LSE”) and on October 5, 2020 began trading its shares of Class A common stock (the “Class A Common Shares” or “Class A Shares”) on the Nasdaq Global Market under the symbol “RADI”. Accordingly, for disclosures of historical transactions involving the Company’s Class A Shares pertaining to periods prior to October 2, 2020 (the date of Domestication), references are made in the notes to the consolidated financial statements to “Ordinary Shares”, the legal form of the Company’s shares prior to October 2, 2020. For prospective references in these disclosures, including with respect to the outcome of any exercise, conversion, vesting or acquisition of different classes or types of securities, references are made to “common shares”, “Class A Common Shares” or “Class A Shares”.

Basis of Presentation and Summa

Basis of Presentation and Summary of Significant Accounting Policies	3 Months Ended	12 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Accounting Policies [Abstract]
Basis of Presentation and Summary of Significant Accounting Policies	2. Basis of Presentation and Summary of Significant Accounting Policies Basis of Presentation and Principles of Consolidation Unless the context otherwise requires, the “Company”, refers, for periods prior to the completion of the Transaction, to AP WIP Investments, and its subsidiaries and, for periods after the completion of the Transaction, to Radius Global Infrastructure, Inc. and its subsidiaries, including AP WIP Investments and its subsidiaries. As a result of the Transaction, for accounting purposes, the Company was the acquirer and AP WIP Investments was the acquiree and accounting predecessor to Radius, as Landscape had no operations prior to the Transaction. Accordingly, the financial statement presentation includes the condensed consolidated financial statements of AP WIP Investments as “Predecessor” for periods prior to the Closing Date and Radius as “Successor” for periods including and after the Closing Date, including the consolidation of AP WIP Investments and its subsidiaries. As more fully described in Note 3, the Transaction was accounted for as a business combination under the scope of the Financial Accounting Standards Board’s (“FASB”) Accounting Standards Codification (“ASC”) Topic 805, Business Combinations The accompanying condensed consolidated financial statements include the accounts of the Company and its majority-owned or controlled subsidiaries. All intercompany balances and transactions have been eliminated in consolidation. For the Successor period from February 10, 2020 through March 31, 2020 and all periods thereafter, Radius consolidated the financial position and results of operations of AP WIP Investments and its subsidiaries. For the Predecessor period, the condensed consolidated financial statements include the accounts of AP WIP Investments and its subsidiaries, as well as a variable interest entity. The condensed consolidated financial statements included herein have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”) and the rules and regulations of Securities and Exchange Commission for interim reporting. The financial information included herein is unaudited. However, the Company believes that all adjustments, which are of a normal and recurring nature, considered necessary for a fair presentation of its financial position and results of operations for such periods have been included herein. The condensed consolidated financial statements and related notes should be read in conjunction with the Company’s Annual Report on Form 10-K Use of Estimates The preparation of the condensed consolidated financial statements, in conformity with GAAP, requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. Cash and Cash Equivalents Cash includes cash on hand and demand deposits. The Company maintains its deposits at high quality financial institutions and monitors the credit ratings of those institutions. The Company considers all highly liquid investments with an original maturity date of three months or less to be cash equivalents. While cash held by financial institutions may at times exceed federally insured limits, the Company believes that no material credit or market risk exposure exists due to the high quality of the institutions. The Company has not experienced any losses on such accounts. Restricted Cash The Company is required to maintain cash collateral at certain financial institutions. Additionally, amounts that are required to be held in an escrow account, which, subject to certain conditions, are available to the Company under certain of its loan agreements. Accordingly, these balances contain restrictions as to their availability and usage and are classified as restricted cash in the condensed consolidated balance sheets. The reconciliation of cash and cash equivalents and restricted cash reported within the applicable balance sheet that sum to the total of the same such amounts shown in the condensed consolidated statements of cash flows is as follows: Successor Predecessor March 31, 2021 December 31, 2020 February 9, 2020 Cash and cash equivalents $ 86,977 $ 99,896 $ 33,333 Restricted cash 1,916 1,614 2,642 Restricted cash, long term 107,841 113,938 12,384 Total cash and cash equivalents and restricted cash $ 196,734 $ 215,448 $ 48,359 Fair Value Measurements The Company applies ASC Topic 820, Fair Value Measurement The carrying amounts reflected in the condensed consolidated balance sheets for cash and cash equivalents, restricted cash, trade receivables, prepaid expenses and other current assets, accounts payable and accrued expenses, and rent received in advance approximate fair value due to their short-term Level 1 — Assets and liabilities with unadjusted, quoted prices listed on active market exchanges. Inputs to the fair value measurement are observable inputs, such as quoted prices in active markets for identical assets or liabilities. Level 2 — Inputs to the fair value measurement are determined using prices for recently traded assets and liabilities with similar underlying terms, as well as direct or indirect observable inputs, such as interest rates and yield curves that are observable at commonly quoted intervals. Level 3 — Inputs to the fair value measurement are unobservable inputs, such as estimates, assumptions, and valuation techniques when little or no market data exists for the assets or liabilities. Trade Receivables, Net Trade receivables are recorded at the invoiced amount and are generally unsecured as they are uncollateralized. The Company provides an allowance for doubtful accounts to reduce receivables to their estimated net realizable value. Judgement is exercised in establishing allowances and estimates are based on the tenants’ payment history and liquidity. Any amounts that were previously recognized as revenue and subsequently determined to be uncollectible are charged to bad debt expense included in selling, general and administrative expense in the accompanying condensed consolidated statements of operations. The allowance for doubtful accounts was $769 and $837 at March 31, 2021 and December 31, 2020, respectively. Real Property Interests The Company’s core business is to contract for the purchase of telecom real property interests and contractual rights, typically as leasehold interests or fee simple interests, either through an up-front right-of-use Leases On January 1, 2019, the Predecessor adopted the guidance in ASC 842 using the modified retrospective method applied to lease arrangements that were in place on the transition date. The Predecessor elected certain available practical expedients which permit the adopter to not reassess certain items upon adoption, including: (i) whether any existing contracts are or contain leases, (ii) the classification of existing leases, (iii) initial direct costs for existing leases and (iv) short-term leases, which permits an adopter to not apply the lease standard to leases with a remaining maturity of one year or less and applied the new lease accounting standard to all leases, including short-term leases. The Predecessor also elected the practical expedient related to easements, which permits carryforward accounting treatment for land easements (included in Telecom real property interests, net in the condensed consolidated balance sheets) on existing agreements. Under ASC 842, the Company determines if an arrangement, including leasehold interest arrangements, is a lease at the inception of the agreement. The Company considers an arrangement to be a lease if it conveys the right to control the use of the asset for a specific period of time in exchange for consideration. ASC 842 requires the Company to recognize a right-of-use For each arrangement determined to be a lease, the Company records a lease liability at the present value of the arrangement’s remaining contractually-required payments and a right-of-use right-of-use Operating Leases Rights and obligations are primarily related to operating leases for office space. At lease commencement, the Company records a liability and a corresponding right-of-use Property and Equipment Property and equipment, which primarily consists of computer hardware and software, office furniture and tenant improvements, are stated at cost, less accumulated depreciation. Additions and improvements that extend the economic useful life of the asset are capitalized and depreciated over the remaining useful lives of the assets. The cost and accumulated depreciation of assets sold or retired are removed from the respective accounts, and any resulting gain or loss is reflected in the condensed consolidated statement of operations. Depreciation is recognized using the straight-line Long-Lived Assets, Including Definite-Lived Intangible Assets The Company’s primary long-lived assets include real property interests and intangible assets. Intangible assets recorded for in-place in-place Goodwill Goodwill, which represents the excess of purchase price over the fair value of net assets acquired, is carried at cost in a transaction accounted for as a business combination in accordance with ASC 805. Goodwill is not amortized; rather, it is subject to a periodic assessment for impairment by applying a fair value based test. The Company is organized in one reporting unit and evaluates the goodwill for the Company as a whole. Goodwill is assessed for impairment on an annual basis as of November 30th of each year or more frequently if events or changes in circumstances indicate that the asset might be impaired. Under the authoritative guidance issued by the FASB, the Company has the option to first assess the qualitative factors to determine whether it is more likely than not that the fair value of the reporting unit is less than its carrying amount as a basis for determining whether it is necessary to perform a quantitative goodwill impairment test. If the Company determines that it is more likely than not that the fair value of a reporting unit is less than its carrying amount, then the goodwill impairment test is performed. The goodwill impairment test requires the Company to estimate the fair value of the reporting unit and to compare the fair value of the reporting unit with its carrying amount. If the fair value exceeds the carrying amount, then no impairment is recognized. If the carrying amount recorded exceeds the fair value calculated, then an impairment charge is recognized for the difference. There was no impairment of goodwill for the three months ended March 31, 2021. Revenue Recognition The Company receives rental payments from in-place Rent received in advance is recorded when the Company receives advance rental payments from the in-place Income Taxes Income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates in effect for the year in which those temporary differences are expected to be recovered or settled. The Company reduces the carrying amounts of deferred tax assets by a valuation allowance if, based on the available evidence, it is more likely than not that such assets will not be realized. The need to establish valuation allowances for deferred tax assets is assessed quarterly. In assessing the requirement for, and amount of, a valuation allowance in accordance with the more likely than not standard for all periods, the Company considers all positive and negative evidence related to the realization of the deferred tax assets. This assessment considers, among other matters, the nature and severity of current and cumulative losses, forecasts of future profitability, the duration of statutory carryforward periods, and tax planning alternatives. A history of cumulative losses is a significant piece of negative evidence used in the assessment. If a history of cumulative losses is incurred for a tax jurisdiction, forecasts of future profitability are not used as positive evidence related to the realization of the deferred tax assets in the assessment. For periods after the consummation of the Transaction, the Company is subject to U.S. federal and state income taxes. Additionally, AP WIP Investments files income tax returns in the various state and foreign jurisdictions in which it operates. AP WIP Investments’ tax returns are subject to tax examinations by foreign tax authorities until the expiration of the respective statutes of limitation. AP WIP Investments currently has no tax years under examination. The Company recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. Changes in recognition or measurement are reflected in the period in which the change in judgment occurs. The Company records interest related to unrecognized tax benefit obligations and penalties as a component of income tax expense in the accompanying condensed consolidated statements of operations. Share-based compensation The Company expenses share-based compensation over the requisite service period of the awards (usually the vesting period) based on the grant date fair value of awards. For share-based compensation awards with performance-based milestones, the expense is recorded over the service period after the achievement of the milestone is probable or the performance condition is achieved. An offsetting increase to stockholders’ equity is recognized equal to the amount of the compensation expense charge. The Company recognizes forfeitures as they occur as a reduction of share-based compensation expense in the condensed consolidated statement of operations. Basic and Diluted Earnings (Loss) per Common Share Basic earnings (loss) per common share excludes dilution and is computed by dividing net income (loss) attributable to common shares by the weighted average number of common shares outstanding during the period. The Company has determined that its Series A Founder Preferred Stock (as defined in Note 11) are participating securities as the Series A Founder Preferred Stock participate in undistributed earnings on an as-if-converted two-class Diluted earnings per common share reflects the potential dilution that would occur if securities were exercised or converted into common shares. The Company’s dilutive securities include Series A Founder Preferred Stock, Warrants, stock options, and restricted shares. To calculate the number of shares for diluted earnings per common share, the effect of the participating preferred stock is computed using the as-if-converted Segment Reporting The Company operates in one reportable segment which focuses on aggregating rental streams underlying wireless and other digital infrastructure sites through the acquisition of telecom real property interests and contractual rights. The Company’s business offerings have similar economic and other characteristics, including the types of customers, distribution methods and regulatory environment. The chief operating decision maker of the Company reviews investment specific data to make resource allocation decisions and assesses performance by review of profit and loss information on a consolidated basis. The condensed consolidated financial statements reflect the financial results of the Company’s one reportable segment. Foreign Currency The Company’s reporting currency is the U.S. dollar. Typically, the functional currency of each of the Company’s foreign operating subsidiaries is the respective local currency. Foreign currency transactions are translated into the functional currency using the exchange rates prevailing at the dates of the transactions. Foreign currency assets and liabilities are translated into the reporting currency using the exchange rate prevailing at the balance sheet date, while revenue and expenses are translated at the average exchange rates during the period. Foreign exchange gains and losses arising from translation are included in accumulated other comprehensive income (loss) in the condensed consolidated balance sheet. Recent Accounting Pronouncements Accounting Pronouncements Recently Adopted In December 2019, the Financial Accounting Standards Board issued Accounting Standards Update (“ASU”) No. 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes	2. Basis of Presentation and Summary of Significant Accounting Policies Basis of Presentation and Principles of Consolidation Unless the context otherwise requires, the “Company”, refers, for periods prior to the completion of the Transaction, to AP WIP Investments, and its subsidiaries and, for periods after the completion of the Transaction, to Radius Global Infrastructure, Inc. and its subsidiaries, including AP WIP Investments and its subsidiaries. As a result of the Transaction, for accounting purposes, the Company is the acquirer and AP WIP Investments is the acquiree and accounting Predecessor to Radius, as Landscape had no operations prior to the Transaction. Accordingly, the financial statement presentation includes the financial statements of AP WIP Investments as “Predecessor” for periods prior to the Closing Date and Radius as “Successor” for periods after the Closing Date, including the consolidation of AP WIP Investments and its subsidiaries. The Transaction was accounted for as a business combination under the scope of the Financial Accounting Standards Board’s (“FASB”) Accounting Standards Codification (“ASC”) Topic 805, Business Combinations The consolidated financial statements included herein have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”) and the rules and regulations of Securities and Exchange Commission (“SEC”). The accompanying consolidated financial statements include the accounts of the Company and its majority-owned or controlled subsidiaries. All intercompany balances and transactions have been eliminated in consolidation. For the Successor period from February 10, 2020 through December 31, 2020, Radius consolidated the financial position and results of operations of AP WIP Investments and its subsidiaries. For the Predecessor periods, the consolidated financial statements include the accounts of AP WIP Investments and its subsidiaries, as well as a variable interest entity (“VIE”). Use of Estimates The preparation of the consolidated financial statements, in conformity with GAAP, requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. Cash and Cash Equivalents Cash includes cash on hand and demand deposits. The Company maintains its deposits at high-quality financial institutions and monitors the credit ratings of those institutions. The Company considers all highly liquid investments with an original maturity date of three months or less to be cash equivalents. While cash held by financial institutions may at times exceed federally insured limits, the Company believes that no material credit or market risk exposure exists due to the high quality of the institutions. The Company has not experienced any losses on such accounts. Gains and losses on highly liquid investments classified as cash equivalents are reported in other income in the consolidated statements of operations. Restricted Cash The Company is required to maintain cash collateral at certain financial institutions. Additionally, amounts that are required to be held in an escrow account, which, subject to certain conditions, are available to the Company under the loan agreements. Accordingly, these balances contain restrictions as to their availability and usage and are classified as restricted cash in the consolidated balance sheets. The reconciliation of cash and cash equivalents and restricted cash reported within the applicable balance sheet that sum to the total of the same such amounts shown in the consolidated statements of cash flows is as follows: Successor Predecessor December 31, 2020 February 9, 2020 December 31, 2019 Cash and cash equivalents $ 99,896 $ 33,333 $ 62,892 Restricted cash 1,614 2,642 1,140 Restricted cash, long term 113,938 12,384 14,014 Total cash and cash equivalents and restricted cash $ 215,448 $ 48,359 $ 78,046 Fair Value Measurements The Company applies ASC Topic 820, Fair Value Measurement The carrying amounts reflected in the consolidated balance sheets for cash and cash equivalents, restricted cash, trade receivables, prepaid expenses and other current assets, accounts payable and accrued expenses, and rent received in advance approximate fair value due to their short-term Level 1 — Assets and liabilities with unadjusted, quoted prices listed on active market exchanges. Inputs to the fair value measurement are observable inputs, such as quoted prices in active markets for identical assets or liabilities. Level 2 — Inputs to the fair value measurement are determined using prices for recently traded assets and liabilities with similar underlying terms, as well as direct or indirect observable inputs, such as interest rates and yield curves that are observable at commonly quoted intervals. Level 3 — Inputs to the fair value measurement are unobservable inputs, such as estimates, assumptions, and valuation techniques when little or no market data exists for the assets or liabilities. Trade Receivables, Net Trade receivables are recorded at the invoiced amount and are generally unsecured as they are uncollateralized. The Company provides an allowance for doubtful accounts to reduce receivables to their estimated net realizable value. Judgement is exercised in establishing allowances and estimates are based on the tenants’ payment history and liquidity. Any amounts that were previously recognized as revenue and subsequently determined to be uncollectible are charged to bad debt expense included in selling, general and administrative expense in the accompanying consolidated statements of operations. The balances of and changes in the allowance for doubtful accounts are as follows: Successor Predecessor Period from February 10, 2020 to December 31, 2020 Period from January 1, 2020 to February 9, 2020 Year ended December 31, 2019 Beginning balance $ 509 $ 491 $ — Allowance for doubtful accounts 323 26 761 Write-offs, net (17 ) — — Foreign currency translation 22 (8 ) (270 ) Ending balance $ 837 $ 509 $ 491 Real Property Interests The Company’s core business is to contract for the purchase of leasehold interests either through an up-front right-of-use Leases On January 1, 2019, the Predecessor adopted the guidance in ASC 842 using the modified retrospective method applied to lease arrangements that were in place on the transition date. The Predecessor elected certain available practical expedients which permit the adopter to not reassess certain items upon adoption, including: (i) whether any existing contracts are or contain leases, (ii) the classification of existing leases, (iii) initial direct costs for existing leases and (iv) short-term leases, which permits an adopter to not apply the lease standard to leases with a remaining maturity of one year or less and applied the new lease accounting standard to all leases, including short-term leases. The Predecessor also elected the practical expedient related to easements, which permits carryforward accounting treatment for land easements (included in cell site leasehold interests in the consolidated balance sheets) on existing agreements. Under ASC 842, the Company determines if an arrangement, including leasehold interest arrangements, is a lease at the inception of the agreement. The Company considers an arrangement to be a lease if it conveys the right to control the use of the asset for a specific period of time in exchange for consideration. ASC 842 requires the Company to recognize a right-of-use For each arrangement determined to be a lease, the Company records a lease liability at the present value of the arrangement’s remaining contractually-required payments and a right-of-use right-of-use Operating Leases Rights and obligations are primarily related to operating leases for office space. At lease commencement, the Company records a liability and a corresponding right-of-use Property and Equipment Property and equipment, which primarily consists of computer hardware and software, office furniture and tenant improvements, are stated at cost, less accumulated depreciation. Additions and improvements that extend the economic useful life of the asset are capitalized and depreciated over the remaining useful lives of the assets. The cost and accumulated depreciation of assets sold or retired are removed from the respective accounts, and any resulting gain or loss is reflected in the consolidated statement of operations. Depreciation is recognized using the straight-line Long-Lived Assets, Including Definite-Lived Intangible Assets The Company’s primary long-lived assets include real property interests and intangible assets. Intangible assets recorded for in-place in-place Goodwill Goodwill, which represents the excess of purchase price over the fair value of net assets acquired, is carried at cost in a transaction accounted for as a business combination in accordance with ASC 805. Goodwill is not amortized; rather, it is subject to a periodic assessment for impairment by applying a fair value based test. The Company is organized in one reporting unit and evaluates the goodwill for the Company as a whole. Goodwill is assessed for impairment on an annual basis as of November 30th of each year or more frequently if events or changes in circumstances indicate that the asset might be impaired. Under the authoritative guidance issued by the FASB, the Company has the option to first assess the qualitative factors to determine whether it is more likely than not that the fair value of the reporting unit is less than its carrying amount as a basis for determining whether it is necessary to perform a quantitative goodwill impairment test. If the Company determines that it is more likely than not that the fair value of a reporting unit is less than its carrying amount, then the goodwill impairment test is performed. The goodwill impairment test requires the Company to estimate the fair value of the reporting unit and to compare the fair value of the reporting unit with its carrying amount. If the fair value exceeds the carrying amount, then no impairment is recognized. If the carrying amount recorded exceeds the fair value calculated, then an impairment charge is recognized for the difference. There was no impairment of goodwill for the period from February 10, 2020 to December 31, 2020 (Successor). Revenue Recognition The Company receives rental payments from in-place Rent received in advance is recorded when the Company receives advance rental payments from the in-place Income Taxes Income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates in effect for the year in which those temporary differences are expected to be recovered or settled. The Company reduces the carrying amounts of deferred tax assets by a valuation allowance if, based on the available evidence, it is more likely than not that such assets will not be realized. The need to establish valuation allowances for deferred tax assets is assessed quarterly. In assessing the requirement for, and amount of, a valuation allowance in accordance with the more likely than not standard for all periods, the Company considers all positive and negative evidence related to the realization of the deferred tax assets. This assessment considers, among other matters, the nature and severity of current and cumulative losses, forecasts of future profitability, the duration of statutory carryforward periods, and tax planning alternatives. A history of cumulative losses is a significant piece of negative evidence used in the assessment. If a history of cumulative losses is incurred for a tax jurisdiction, forecasts of future profitability are not used as positive evidence related to the realization of the deferred tax assets in the assessment. For periods after the consummation of the Transaction, the Company is subject to U.S. federal and state income taxes. Additionally, AP WIP Investments files income tax returns in the various state and foreign jurisdictions in which it operates. AP WIP Investments’ tax returns are subject to tax examinations by foreign tax authorities until the expiration of the respective statutes of limitation. AP WIP Investments currently has no tax years under examination. The Company recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. Changes in recognition or measurement are reflected in the period in which the change in judgment occurs. The Company records interest related to unrecognized tax benefits and penalties as a component of income tax expense in the accompanying consolidated statements of operations. Share-based compensation The Company expenses share-based compensation over the requisite service period of the awards (usually the vesting period) based on the grant date fair value of awards. For share-based compensation awards with performance-based milestones, the expense is recorded over the service period after the achievement of the milestone is probable or the performance condition is achieved. An offsetting increase to stockholders’ equity is recognized equal to the amount of the compensation expense charge. The Company recognizes forfeitures as they occur as a reduction of share-based compensation expense in the consolidated statement of operations. Warrants The Company has warrants that were issued with its Ordinary Shares and Series A Founder Preferred Shares that were determined to be equity classified in accordance with ASC Topic 815, Derivatives and Hedging non-founder Compensation – Stock Compensation paid-in Basic and Diluted Earnings per Common Share Basic earnings (loss) per common share excludes dilution and is computed by dividing net income (loss) attributable to common shares by the weighted average number of common shares outstanding during the period. The Company has determined that its Series A Founder Preferred Shares are participating securities as the Series A Founder Preferred Shares participate in undistributed earnings on an as-if-converted two-class Diluted earnings per common share reflects the potential dilution that would occur if securities were exercised or converted into common shares. The Company’s dilutive securities include Series A Founder Preferred Shares, warrants, stock options, and restricted shares. To calculate the number of shares for diluted earnings per common share, the effect of the participating preferred shares is computed using the as-if-converted Because the Company’s shares of Class B common stock (the “Class B Shares”) and shares of preferred stock, designated as Series B Founder Preferred Stock (the “Series B Founder Preferred Shares”) do not confer upon the holder a right to receive distributions, neither share class is included in the Company’s computation of basic or diluted earnings (loss) per common share. Segment Reporting The Company operates in one reportable segment which focuses on leasing cell sites to companies that own and operate cellular communication towers and other infrastructure. The Company’s business offerings have similar economic and other characteristics, including the types of customers, distribution methods and regulatory environment. The chief operating decision maker of the Company reviews investment specific data to make resource allocation decisions and assesses performance by review of profit and loss information on a consolidated basis. The consolidated financial statements reflect the financial results of the Company’s one reportable segment. Foreign Currency The Company’s reporting currency is the U.S. dollar. Typically, the functional currency of each of the Company’s foreign operating subsidiaries is the respective local currency. Foreign currency transactions are translated into the functional currency using the exchange rates prevailing at the dates of the transactions. Foreign currency assets and liabilities are translated into the reporting currency using the exchange rate prevailing at the balance sheet date, while revenue and expenses are translated at the average exchange rates during the period. Foreign exchange gains and losses arising from translation are included in accumulated other comprehensive income in the consolidated balance sheet. Recent Accounting Pronouncements Accounting Pronouncements Recently Adopted In June 2016, the FASB issued guidance that modifies how entities measure credit losses on most financial instruments. The new guidance replaces the current “incurred loss” model with an “expected credit loss” model that requires consideration of a broader range of information to estimate expected credit losses over the lifetime of the asset. Effective January 1, 2020, the Company adopted the new guidance and the Company noted that operating lease receivables are not within the scope of this guidance. As such, there was no cumulative-effect adjustment to the consolidated balance sheet as of the effective date. The adoption of this guidance did not have an impact on the Company’s consolidated financial statements. In January 2017, the FASB issued Accounting Standard Update (“ASU”) No. 2017-04, Intangibles—Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment In April 2019, the FASB issued ASU No. 2019-04, Codification Improvements to Topic 326, Financial Instruments—Credit Losses, Topic 815, Derivatives and Hedging, and Topic 825, Financial Instruments In March 2020, the FASB issued ASU No. 2020-03, Codification Improvements to Financial Instruments line-of-credit 860-20). In April 2020, the FASB issued a question-and-answer Lease Modification Q&A COVID-19 lease-by-lease COVID-19 Accounting Pronouncements Not Yet Adopted In December 2019, the FASB issued ASU No. 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes No. 2019-12

Business Combination

Business Combination	3 Months Ended	12 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Business Combinations [Abstract]
Business Combination	3. Business Combination On February 10, 2020, the Company completed the APW Acquisition, acquiring AP Wireless in a business combination. The acquisition was completed through a merger of a newly created Landscape subsidiary with and into APW OpCo, with APW OpCo surviving the merger as a majority-owned subsidiary of Radius. Following completion of the Transaction on the Closing Date, Radius owned 91.8% of APW OpCo, and the Continuing OpCo Members owned the remaining 8.2%. The APW Acquisition was accounted for as a business combination using the acquisition method with Radius as the accounting acquirer in accordance with ASC 805. The interest in APW OpCo not owned by the Company was recognized as a noncontrolling interest in the condensed consolidated financial statements. The aggregate acquisition consideration transferred in the APW Acquisition was $390,857, which consisted of cash consideration of $325,424 and equity consideration of $65,433. The cash component of the consideration was funded through the liquidation of cash equivalents owned by Landscape. The equity component of the consideration represented the fair value of the limited liability company units in APW OpCo issued to the Continuing OpCo Members, and includes units designated as “Class B Common Units” (the “Class B Common Units”) pursuant to the Second Amended and Restated Limited Liability Company Agreement of APW OpCo, dated as of July 31, 2020, by and between its Members (as defined therein) and the Company (the “APW OpCo LLC Agreement”), the units designated as “Series A Rollover Profits Units” pursuant to the APW OpCo LLC Agreement (the “Series A Rollover Profits Units”) and the units designated as “Series B Rollover Profits Units” pursuant to the APW OpCo LLC Agreement (the “Series B Rollover Profits Units”) (collectively, the “Consideration Units”). The Company determined that the components of the Consideration Units were not freestanding instruments and the economic characteristics of the embedded features of the Consideration Units were considered clearly and closely related to the equity-like host of the Consideration Units, as the value of the embedded features fluctuate with the price of the underlying equity in the Consideration Units. Accordingly, the Consideration Units represented and were then accounted for as a single, hybrid financial instrument, classified as permanent equity and presented as noncontrolling interests in the condensed consolidated balance sheet of the Company. The estimated fair value of the Consideration Units was calculated using a Monte Carlo simulation model, which used the following weighted-average assumptions: 21.1% expected volatility, a risk-free interest rate of 1.5%, estimated term of 9.2 years and a fair value of the Ordinary Shares of $10.00 per share. The Company recorded an allocation of the acquisition consideration to the acquiree’s identified tangible and identifiable intangible assets acquired and liabilities assumed based on their fair values as of the Closing Date. The excess of the acquisition consideration over the fair value of the assets acquired and liabilities assumed was recorded as goodwill. The following is a summary of the estimated fair values of the assets acquired and liabilities assumed: Cash and restricted cash $ 48,359 Trade receivables 8,077 Prepaid expenses and other assets 34,970 Real property interests 901,290 Intangible assets 5,400 Accounts payable and other liabilities (22,654 ) Rent received in advance (15,837 ) Real property interest liabilities (33,398 ) Deferred income tax liability (45,100 ) Long-term debt (570,759 ) Net identifiable assets acquired 310,348 Goodwill 80,509 Total acquisition consideration $ 390,857 The Company allocated the purchase price for the transaction based upon the estimated fair value of net assets acquired and liabilities assumed at the date of acquisition. The fair value of the real property interests, which consisted of right-of-use pre-tax pre-tax The identified intangible assets included the in-place in-place in-place in-place in-place one-month’s in-place The purchase price allocation also reflected the recognition of deferred income taxes related to the fair value of assets acquired and liabilities assumed of the AP Wireless foreign subsidiaries over their respective historical tax bases as of the Closing Date. The following unaudited pro forma combined financial information presents the Company’s results as though the Transaction had occurred at January 1, 2019. The unaudited pro forma consolidated financial information has been prepared using the acquisition method of accounting in accordance with GAAP (unaudited): Three Months Ended March 31, 2020 Revenue $ 15,591 Net loss $ (7,196 )	3. Business Combination On February 10, 2020, the Company completed the APW Acquisition, acquiring AP Wireless in a business combination. The acquisition was completed through a merger of a newly created Landscape subsidiary with and into APW OpCo, with APW OpCo surviving the merger as a majority-owned subsidiary of Landscape. Following completion of the Transaction on the Closing Date, Radius owned 91.8% of APW OpCo, and the Continuing OpCo Members owned the remaining 8.2%. The APW Acquisition was accounted for as a business combination using the acquisition method with Radius as the accounting acquirer in accordance with ASC 805. The interest in APW OpCo not owned by the Company was recognized as a noncontrolling interest in the consolidated financial statements. The aggregate acquisition consideration transferred in the APW Acquisition was $390,857, which consisted of cash consideration of $325,424 and equity consideration of $65,433. The cash component of the consideration was funded through the liquidation of cash equivalents owned by Landscape. The equity component of the consideration represented the fair value of the limited liability company units in APW OpCo issued to the Continuing OpCo Members, and includes units designated as “Class B Common Units” pursuant to the APW OpCo LLC Agreement (the “Class B Common Units”), the units designated as “Series A Rollover Profits Units” pursuant to the APW OpCo LLC Agreement (the “Series A Rollover Profits Units”) and the units designated as “Series B Rollover Profits Units” pursuant to the APW OpCo LLC Agreement (the “Series B Rollover Profits Units”) (collectively, the “Consideration Units”). The Company determined that the components of the Consideration Units were not freestanding instruments and the economic characteristics of the embedded features of the Consideration Units were considered clearly and closely related to the equity-like host of the Consideration Units, as the value of the embedded features fluctuate with the price of the underlying equity in the Consideration Units. Accordingly, the Consideration Units represented and were then accounted for as a single, hybrid financial instrument, classified as permanent equity and presented as noncontrolling interests in the consolidated balance sheet of the Company. The estimated fair value of the Consideration Units was calculated using a Monte Carlo simulation model, which used the following weighted-average assumptions: 21.1% expected volatility, a risk-free interest rate of 1.5%, estimated term of 9.2 years and a fair value of the Ordinary Shares of $10.00. The Company recorded an allocation of the acquisition consideration to the acquiree’s identified tangible and identifiable intangible assets acquired and liabilities assumed based on their fair values as of the Closing Date. The excess of the acquisition consideration over the fair value of the assets acquired and liabilities assumed was recorded as goodwill. The following is a summary of the estimated fair values of the assets acquired and liabilities assumed: Cash and restricted cash $ 48,359 Trade receivables 8,077 Prepaid expenses and other assets 34,970 Real property interests 901,290 Intangible assets 5,400 Accounts payable and other liabilities (22,654 ) Rent received in advance (15,837 ) Real property interest liabilities (33,398 ) Deferred income tax liability (45,100 ) Long-term debt (570,759 ) Net identifiable assets acquired 310,348 Goodwill 80,509 Total acquisition consideration $ 390,857 The Company allocated the purchase price for the transaction based upon the estimated fair value of net assets acquired and liabilities assumed at the date of acquisition. The fair value of the real property interests, which consisted of right-of-use pre-tax pre-tax The identified intangible assets included the in-place in-place in-place in-place in-place one-month’s in-place The purchase price allocation also reflected the recognition of deferred income taxes related to the fair value of assets acquired and liabilities assumed of the AP Wireless foreign subsidiaries over their respective historical tax bases as of the Closing Date. The following unaudited pro forma combined financial information presents the Company’s results as though the Transaction had occurred at January 1, 2019. The unaudited pro forma consolidated financial information has been prepared using the acquisition method of accounting in accordance with GAAP (unaudited): Year Ended December 31, 2020 2019 Revenue $ 69,759 $ 55,706 Net loss $ (120,457 ) $ (82,141 )

Real Property Interests

Real Property Interests	3 Months Ended	12 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Leases [Abstract]
Real Property Interests	4. Real Property Interests Real property interests, net consisted of the following: March 31, 2021 December 31, 2020 Right-of-use (1) $ 264,615 $ 244,885 Telecom real property interests (2) 959,208 886,679 1,223,823 1,131,564 Less accumulated amortization: Right-of-use (9,305 ) (7,023 ) Telecom real property interests (45,888 ) (35,150 ) Real property interests, net $ 1,168,630 $ 1,089,391 (1) Effective with the adoption of ASC 842, telecom real property interests qualifying as leases are recorded as finance leases. (2) Includes telecom real property interests acquired prior to the adoption of ASC 842 and fee simple interest arrangements. The Company’s real property interests primarily consist of leasehold interests, acquired either through an up-front in-place in-place (30- 180-day in-place The Company often closes and funds its real property interest prepayment transactions through a third-party long-term Right-Of-Use Commencing with the adoption of ASC 842 on January 1, 2019, the Company determines if a real property interest arrangement is a lease at the inception of the agreement. The Company considers an arrangement to be a lease if it conveys the right to control the use of the wireless or other digital infrastructure site for a period of time in exchange for consideration. In cases in which the Company acquires a leasehold interest, the Company is both a lessor and a lessee. The weighted-average remaining lease term for finance leases was 38.3 years and 38.2 years as of March 31, 2021 and December 31, 2020, respectively. The Company recorded finance lease expense and interest expense associated with the lease liability in the condensed consolidated statements of operations as follows: Successor Predecessor Three months ended March 31, 2021 Period from February 10, 2020 to March 31, 2020 Period from January 1, 2020 to February 9, 2020 Finance lease expense $ 2,391 $ 775 $ 425 Interest expense – lease liability $ 185 $ 126 $ 95 The Company’s lease agreements do not state an implicit borrowing rate; therefore, an internal incremental borrowing rate was determined based on information available at the lease commencement date for the purposes of determining the present value of lease payments. The incremental borrowing rate reflects the cost to borrow on a securitized basis in each geographical market. The weighted-average incremental borrowing rate was 3.9% and 2.8% as of March 31, 2021 and December 31, 2020, respectively. Supplemental cash flow information related to finance leases for the respective periods was as follows: Successor Predecessor Three months ended March 31, 2021 Period from February 10, 2020 to March 31, 2020 Period from January 1 to February 9, 2020 Cash paid for amounts included in the measurement of finance lease liabilities: Operating cash flows from finance leases $ 62 $ 8 $ 37 Financing cash flows from finance leases $ 2,632 $ 347 $ 845 Finance lease liabilities arising from obtaining right-of-use $ 3,659 $ 3,624 $ 1,346 Telecom Real Property Interests and Related Liabilities For real property interests that are not accounted for under ASC 842, the Company applies the acquisition method of accounting, recording an intangible asset in telecom real property interests, net in the condensed consolidated balance sheet. The recorded amount of the real property interest represents the allocation of purchase price to the contractual cash flows acquired from the in-place Under certain circumstances, the contractual payments for the acquired telecom real property interests are made to property owners on a noninterest-bearing basis over a specified period of time, generally ranging from two to seven years. The Company is contractually obligated to fulfill such payments. Included in telecom real property interest liabilities in the condensed consolidated balance sheets, the liabilities associated with telecom real property interests were initially measured at the present value of the unpaid payments. For telecom real property interests, amortization expense was $11,199 and $6,120 for the three months ended March 31, 2021 and the period from February 10 to March 31, 2020 (Successor), respectively, and $2,031 for the period from January 1 to February 9, 2020 (Predecessor). As of March 31, 2021, amortization expense to be recognized for each of the succeeding five years was as follows: Remainder of 2021 $ 35,553 2022 46,921 2023 46,850 2024 46,850 2025 46,831 Thereafter 690,315 $913,320 Maturities of finance lease liabilities and telecom real property interest liabilities as of March 31, 2021 were as follows: Finance Lease Telecom Real Interest Remainder of 2021 $ 7,955 $ 4,231 2022 8,342 2,973 2023 7,892 8,752 2024 4,647 665 2025 2,884 233 Thereafter 4,004 348 Total lease payments 35,724 17,202 Less amounts representing future interest (2,308 ) (668 ) Total liability 33,416 16,534 Less current portion (10,420 ) (5,011 ) Non-current $ 22,996 $ 11,523 As of March 31, 2021 and December 31, 2020, the weighted average remaining contractual payment term for finance leases was 3.5 years.	4. Real Property Interests Real property interests, net consisted of the following: Successor Predecessor December 31, 2020 December 31, 2019 Right-of-use (1) $ 244,885 $ 81,733 Cell site leasehold interests (2) 886,679 468,969 1,131,564 550,702 Less accumulated amortization: Right-of-use (7,023 ) (1,235 ) Cell site leasehold interests (35,150 ) (122,307 ) Real property interests, net $ 1,089,391 $ 427,160 (1) Effective with the adoption of ASC 842, cell site leasehold interests qualifying as leases are recorded as finance leases. (2) Includes cell site leasehold interests acquired prior to the adoption of ASC 842 and fee simple interest arrangements. The Company’s real property interests primarily consist of leasehold interests, acquired either through an up-front in-place in-place (30- 180-day in-place The Company often closes and funds its real property interest prepayment transactions through a third-party long-term Right-Of-Use Commencing with the adoption of ASC 842 on January 1, 2019, the Company determines if a real property interest arrangement is a lease at the inception of the agreement. The Company considers an arrangement to be a lease if it conveys the right to control the use of the cell site or ground space underneath a communications site for a period of time in exchange for consideration. In cases in which the Company acquires a leasehold interest, the Company is both a lessor and a lessee. The weighted-average remaining lease term for the right-of-use Successor Predecessor Period from February 10, 2020 to December 31, 2020 Period from January 1, 2020 to February 9, 2020 Year ended December 31, 2019 Finance lease expense $ 6,922 $ 425 $ 1,235 Interest expense—lease liability $ 518 $ 95 $ 504 The Company’s lease agreements do not state an implicit borrowing rate; therefore, an internal incremental borrowing rate was determined based on information available at the lease commencement date for the purposes of determining the present value of lease payments. The incremental borrowing rate reflects the cost to borrow on a securitized basis in each geographical market. The weighted-average incremental borrowing rate was 2.8% and 7.9% as of December 31, 2020 (Successor) and December 31, 2019 (Predecessor), respectively. Supplemental cash flow information for the respective periods was as follows: Successor Predecessor Period from February 10 to December 31, 2020 Period from January 1 to February 9, 2020 Year ended December 31, 2019 Cash paid for amounts included in the measurement of finance lease liabilities: Operating cash flows from finance leases $ 134 $ 37 $ 38 Financing cash flows from finance leases $ 6,044 $ 845 $ 1,255 Finance lease liabilities arising from obtaining right-of-use $ 19,312 $ 1,346 $ 16,989 Cell Site Leasehold Interests and Related Liabilities For real property interests that are not accounted for under ASC 842, the Company applies the acquisition method of accounting, recording an intangible asset in cell site leasehold interests, net in the consolidated balance sheet. The recorded amount of the cell site leasehold interest represents the allocation of purchase price to the contractual cash flows acquired from the in-place Under certain circumstances, the contractual payments for the acquired cell site leasehold interests are made to property owners on a noninterest-bearing basis over a specified period of time, generally ranging from two to seven years. The Company is contractually obligated to fulfill such payments. Included in cell site leasehold interest liabilities in the consolidated balance sheets, the liabilities associated with cell site leasehold interests were initially measured at the present value of the unpaid payments. For cell site leasehold interests accounted for under the acquisition method of accounting, amortization expense was $34,482 for the period from February 10 to December 31, 2020 (Successor), $2,031 for the period from January 1 to February 9, 2020 (Predecessor) and $16,930 for the year ended December 31, 2019 (Predecessor). As of December 31, 2020 (Successor), amortization expense to be recognized for each of the succeeding five years was as follows: 2021 $ 44,217 2022 44,076 2023 44,006 2024 44,006 2025 43,986 Thereafter 631,238 $851,529 Maturities of finance lease liabilities and cell site leasehold interest liabilities as of December 31, 2020 (Successor) were as follows: Finance Lease Cell Site Leasehold Interest 2021 $ 10,042 $ 5,820 2022 7,796 3,095 2023 7,644 8,384 2024 4,398 424 2025 2,701 234 Thereafter 3,432 347 Total lease payments 36,013 18,304 Less amounts representing future interest (2,168 ) (742 ) Total liability 33,845 17,562 Less current portion (9,920 ) (5,749 ) Non-current $ 23,925 $ 11,813 As of December 31, 2020 (Successor), the weighted average remaining contractual payment term for finance lease and cell site leasehold liabilities was 3.6 years.

Tenant Lease Rental Payments

Tenant Lease Rental Payments	3 Months Ended	12 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Leases [Abstract]
Tenant Lease Rental Payments	5. Tenant Lease Rental Payments The Company receives rental payments from in-place in-place in-place Remainder of 2021 $ 61,550 2022 73,565 2023 59,812 2024 46,663 2025 22,035	5. Tenant Lease Rental Payments The Company receives rental payments from in-place in-place in-place 2021 $ 73,168 2022 60,022 2023 45,523 2024 32,968 2025 12,648 $ 224,329

Goodwill and Intangible Assets

Goodwill and Intangible Assets	3 Months Ended	12 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	6. Goodwill and Intangible Assets Goodwill and intangible assets at March 31, 2021 were based on the purchase price allocation pursuant to the Transaction, which was based on a valuation performed to determine the fair value of the acquired assets as of the acquisition date. Goodwill recorded in APW Acquisition was $80,509 and no changes in the carrying amount of goodwill were recognized in the three months ended March 31, 2021. Intangible assets subject to amortization consisted of the following: March 31, 2021 December 31, 2020 In-place Gross carrying amount $ 7,779 $ 7,092 Less accumulated amortization: (1,486 ) (1,212 ) Intangible assets, net $ 6,293 $ 5,880 Amortization expense was $309 and $158 for the three months ended March 31, 2021 and the period from February 10 to March 31, 2020 (Successor), respectively, and $77 for the period from January 1 to February 9, 2020 (Predecessor). As of March 31, 2021, the intangible asset amortization expense to be recognized for each of the succeeding five years was as follows: Remainder of 2021 $ 868 2022 895 2023 749 2024 628 2025 527 Thereafter 2,626 $6,293	6. Goodwill and Intangible Assets Goodwill and intangible assets at December 31, 2020 (Successor) were based on the purchase price allocation pursuant to the Transaction, which was based on a valuation performed to determine the fair value of the acquired assets as of the acquisition date. The changes in the carrying amount of goodwill for the period from February 10, 2020 to December 31, 2020 (Successor), is summarized as follows: Balance as of February 10, 2020 $ — Addition—APW Acquisition 80,509 Goodwill as of December 31, 2020 (Successor) $ 80,509 Intangible assets subject to amortization consisted of the following: Successor Predecessor December 31, 2020 December 31, 2019 In-place Gross carrying amount $ 7,092 $ 5,073 Less accumulated amortization: (1,212 ) (2,225 ) Intangible assets, net $ 5,880 $ 2,848 Amortization expense was $1,163 for the period from February 10 to December 31, 2020 (Successor), $77 for the period from January 1 to February 9, 2020 (Predecessor) and $532 for the year ended December 31, 2019 (Predecessor). As of December 31, 2020 (Successor), the intangible asset amortization expense to be recognized for each of the succeeding five years was as follows: 2021 $ 1,087 2022 805 2023 671 2024 564 2025 466 Thereafter 2,287 $5,880

Operating Leases

Operating Leases	3 Months Ended	12 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Leases [Abstract]
Operating Leases	7. Operating Leases The Company is a lessee under noncancelable lease agreements, primarily for office space, over periods ranging from one to ten years. In the normal course of business, it is expected that these leases will be renewed or replaced by leases on other properties and equipment. Amounts included in other long-term assets in the condensed consolidated balance sheets representing operating lease right-of-use Included in selling, general and administrative expenses in the condensed consolidated statements of operations were operating lease expenses associated with right-of-use The current and noncurrent portions of operating lease liabilities are included in accounts and accrued liabilities and other long-term liabilities, respectively, in the condensed consolidated balance sheets. Maturities of operating lease liabilities as of March 31, 2021 were as follows: Operating Leases Remainder of 2021 $ 1,152 2022 1,057 2023 803 2024 782 2025 568 Thereafter 115 Total lease payments 4,477 Less amounts representing future interest (451 ) Total liability 4,026 Less current portion (1,247 ) Non-current $ 2,779 The weighted-average remaining lease term for operating leases was 3.8 years and 4.0 years and the weighted-average incremental borrowing rate was 5.4% as of March 31, 2021 and December 31, 2020, respectively.	7. Operating Leases The Company is a lessee under noncancelable lease agreements, primarily for office space, over periods ranging from one to ten years. In the normal course of business, it is expected that these leases will be renewed or replaced by leases on other properties and equipment. Amounts included in other long-term assets in the consolidated balance sheets representing operating lease right-of-use Included in selling, general and administrative expenses in the consolidated statements of operations were operating lease expenses associated with right-of-use The current and noncurrent portions of operating lease liabilities are included in accounts and accrued liabilities and other long-term liabilities, respectively, in the consolidated balance sheets. Maturities of operating lease liabilities as of December 31, 2020 (Successor) were as follows: Operating Leases 2021 $ 1,529 2022 1,034 2023 784 2024 763 2025 548 Thereafter 103 Total lease payments 4,761 Less amounts representing future interest (485 ) Total liability 4,276 Less current portion (1,354 ) Non-current $ 2,922 The weighted-average remaining lease term for operating leases was 4.0 and 3.0 years and the weighted-average incremental borrowing rate was 5.4% and 7.1% as of December 31, 2020 (Successor) and December 31, 2019 (Predecessor), respectively.

Accounts Payable and Accrued Ex

Accounts Payable and Accrued Expenses	3 Months Ended	12 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Payables and Accruals [Abstract]
Accounts Payable and Accrued Expenses	8. Accounts Payable and Accrued Expenses Accounts payable and accrued expenses consisted of the following: March 31, 2021 December 31, 2020 Interest payable $ 5,698 $ 4,887 Accrued liabilities 8,177 4,799 Taxes payable 8,810 7,799 Payroll and related withholdings 5,256 7,043 Accounts payable 1,778 718 Professional fees accrued 2,662 3,234 Current portion of operating lease liabilities 1,247 1,354 Other 1,026 1,020 Total accounts payable and accrued expenses $ 34,654 $ 30,854	8. Accounts Payable and Accrued Expenses Accounts payable and accrued expenses consisted of the following: Successor Predecessor December 31, 2020 December 31, 2019 Interest payable $ 4,887 $ 3,807 Accrued liabilities 4,799 3,279 Taxes payable 7,799 6,319 Payroll and related withholdings 7,043 4,510 Accounts payable 718 1,658 Professional fees accrued 3,234 1,580 Current portion of operating lease liabilities 1,354 824 Other 1,020 809 Total accounts payable and accrued expenses $ 30,854 $ 22,786

Debt

Debt	3 Months Ended	12 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Debt Disclosure [Abstract]
Debt	9. Debt Long-term debt, net of unamortized debt discount and deferred financing costs, consisted of the following: March 31, 2021 December 31, 2020 DWIP Agreement $ 102,600 $ 102,600 Facility Agreement 539,166 547,677 Subscription Agreement 172,254 85,112 Other debt 2,834 2,960 Less: unamortized debt discount and financing fees (11,522 ) (9,876 ) Debt, carrying amount $ 805,332 $ 728,473 DWIP Loan Agreement In 2014, a subsidiary of the Company, AP WIP Holdings, LLC (“DWIP”), borrowed $115 million under a loan agreement (“DWIP Agreement”), pursuant to which DWIP is the sole borrower and the lending syndicate is a collection of lenders managed by a related party to the administrative agent. AP Service Company, LLC (the “Servicer”), a wholly owned subsidiary of the Company, is the Servicer under the DWIP Agreement. An unrelated party to DWIP was named as backup servicer in the event of a default of the Servicer as defined in the DWIP Agreement. The DWIP Agreement requires an annual rating be performed by a rating agency. In 2016, DWIP repaid $12,400 of the loan balance. On October 16, 2018, DWIP signed an amendment that extended the maturity from August 10, 2019, to October 16, 2023, at which time all outstanding principal balances shall be repaid. The amendment allows that principal balances may be prepaid in whole on any date, provided that a prepayment premium equal to 3.0% of the prepayment loan amount shall apply if the payment occurs on or prior to 24 months after October 16, 2018, to 2.0% of the prepayment loan amount shall apply if the payment occurs on or prior to 36 months after October 16, 2018 but after 24 months after October 16, 2018, 1.0% of the prepayment loan amount shall apply if the payment occurs on or prior to 60 months after October 16, 2018 but after 36 months after October 16, 2018, and 0% of the prepayment loan amount shall apply if the payment occurs after 60 months after October 16, 2018. Additionally, the amendment also adjusted the interest rate from 4.50% to 4.25%. Interest and fees due under the DWIP Agreement are payable monthly through the application of funds secured in a bank account controlled by the collateral agent (the collection account). The collateral agent sweeps customer collections from DWIP’s lockbox account each month. After receipt of a monthly report prepared by the Servicer detailing loan activity, borrowing compliance, customer collections, and general reserve account required balances, the collateral agent disburses funds monthly for interest, fees, deposits to the reserve account (if required), mandatory prepayments (if required), and remaining amounts from the prior months’ collections to DWIP. As of March 31, 2021 and December 31, 2020, $100,000 has been advanced to DWIP under the DWIP Agreement and DWIP’s escrow account balance and the related liability associated with this balance was $2,600 as of March 31, 2021 and December 31, 2020. The escrow and collection account balances are included in the carrying amount of restricted cash in the condensed consolidated balance sheets. DWIP is subject to restrictive covenants relating to, among others, future indebtedness and transfer of control of DWIP, and DWIP must also meet a financial ratio relating to interest coverage (as defined in the DWIP Agreement). For the periods presented, DWIP was in compliance with all covenants associated with the DWIP Agreement. Facility Agreement (up to £1,000,000) In October 2017, a subsidiary of the Company, AP WIP International Holdings, LLC (“IWIP”), entered into a facility agreement (the “Facility Agreement”) for up to £1,000,000 with AP WIP Investments, LLC, as guarantor, Telecom Credit Infrastructure Designated Activity Company (“TCI DAC”), as original lender, Goldman Sachs Lending Partners LLC, as agent, and GLAS Trust Corporation Limited, as security agent. TCI DAC is an Irish Section 110 Designated Activity Company. The Facility Agreement is an uncommitted, £1,000,000 note issuance program with an initial 10-year Under the terms of the Facility Agreement, IWIP is the sole borrower and the finance parties include a lender, an agent and certain other financial institutions. AP WIP Investments, which controls IWIP, is a guarantor of the loan and the loan is secured by the direct equity interests in IWIP. The loan is also secured by a debt service reserve account and escrow cash account of IWIP, which are included in restricted cash in the condensed consolidated balance sheets, as well as direct equity interests and bank accounts of certain of IWIP’s asset owning subsidiaries. The Servicer, a subsidiary of the Company, is the Servicer under the Facility Agreement. The loan is senior in right of payment to all other debt of IWIP. The Facility Agreement provides for funding up to £1 billion (uncommitted) consisting of tranches in Euros (“Series 1-A 1-B During November 2018, an additional $98,400 of the amount available under the Facility Agreement was funded, consisting of loans of €40,000 (“Series 2-A 2-B The Series 1-A 1-B 2-A 2-B sub-tranches The Series 1-A 1-B 2-A 2-B On August 27, 2020, additional borrowings under the Facility Agreement were made, consisting of €75,000 (“Series 3-A 3-B 3-A 3-B 1-A 1-B 2-A 2-B 3-A 3-B IWIP is subject to certain financial condition and testing covenants (such as interest coverage, leverage and equity requirements and limits) as well as restrictive covenants relating to, among others, future indebtedness and liens and other material activities of IWIP and its subsidiaries. For the periods presented, IWIP was in compliance with all covenants associated with the Facility Agreement. DWIP II Loan Agreement In 2015, AP WIP Domestic Investment II, LLC (“DWIP II”), a wholly owned subsidiary of AP WIP Investments, entered into a loan agreement, which was later amended and restated (the “A&R Mezzanine Loan Agreement”). In April 2020, APW OpCo acquired all of the rights to the loans and obligations under the A&R Mezzanine Loan Agreement from the lenders thereunder for $47,775, thereby settling this obligation. On April 15, 2021, APW OpCo and DWIP II amended and restated the A&R Mezzanine Loan Agreement (the “New DWIP II Loan Agreement”) to increase the borrowings thereunder to $75,000 and to modify the interest rate and the maturity date. Contemporaneously with entering into the New DWIP II Loan Agreement and additional borrowing, APW OpCo transferred all of the rights to the loans and obligations under the New DWIP II Loan Agreement to unrelated third-party lenders for an aggregate consideration of $75,000. Subscription Agreement (up to £250,000) On November 6, 2019, AP WIP Investments Borrower, LLC, a subsidiary of AP WIP Investments (“AP WIP Investments Borrower”) and a Delaware limited liability company, which was created on September 25, 2019, entered into a subscription agreement (the “Subscription Agreement”) to borrow funds for working capital and other corporate purposes. Under the terms of the Subscription Agreement, AP WIP Investments Borrower is the sole borrower and AP WIP Investments is the guarantor of the loan and the loan is secured by AP Wireless’ direct equity interests in AP WIP Investments. The loan is senior in right of payment to all other debt of AP WIP Investments Borrower. There is no cross default or cross acceleration to senior secured debt other than if there is an acceleration under the senior debt in relation to certain events as per documentation such as the breach by the guarantor in certain cases. The Subscription Agreement provides for funding up to £250,000 in the form of nine-year term loans consisting of three tranches available in Euros, Pound Sterling and U.S. dollars. On November 8, 2019, $75,480 of the amount available under the Subscription Agreement was funded. This amount was comprised of €68,000 (the “Euro Class A Tranche”). At closing of the Subscription Agreement, $3,000 was funded to and is required to be held in a debt service reserve account. The initial Euro Class A Tranche balance outstanding under the Facility Agreement accrues interest at a fixed annual rate equal to 4.25%, which is payable quarterly on the 20 th payment-in-kind sub-tranches, AP WIP Investments Borrower is subject to certain financial condition and testing covenants (such as interest coverage and leverage limits) as well as restrictive and operating covenants relating to, among others, future indebtedness and liens and other material activities of AP WIP Investments Borrower and its affiliates. AP WIP Investments Borrower was in compliance with all covenants associated with the Subscription Agreement for the period that borrowings were outstanding during the three months ended March 31, 2021. In February 2021, a new tranche of debt was issued under the Subscription Agreement. The Company added approximately $94 million of USD equivalents (€77 million) of new interest-only secured notes under the existing debt facility. The notes mature on November 8, 2028, with a blended current cash interest rate of 3.9% plus 1.75% payment-in-kind Debt Discount and Financing Costs In connection with the borrowing made under the Subscription Agreement in February 2021, deferred financing fees were incurred, totaling $1,780. Amortization of debt discount and deferred financing costs, included in interest expense, net on the condensed consolidated statements of operations, was $135 and $10 for the three months ended March 31, 2021 and the period from February 10 to March 31, 2020 (Successor), respectively, and $281 for the period from January 1 to February 9, 2020 (Predecessor).	9. Debt Long-term debt, net of unamortized debt discount and deferred financing costs, consisted of the following: Successor Predecessor December 31, 2020 December 31, 2019 DWIP Agreement $ 102,600 $ 102,600 Facility Agreement 547,677 359,764 DWIP II Loan — 49,250 Subscription Agreement 85,112 76,567 Other debt 2,960 Less: unamortized debt discount and financing fees (9,876 ) (15,250 ) Debt, carrying amount $ 728,473 $ 572,931 DWIP Loan Agreement In 2014, a subsidiary of the Company, AP WIP Holdings, LLC (“DWIP”), borrowed $115 million under a loan agreement (“DWIP Agreement”), pursuant to which DWIP is the sole borrower and the lending syndicate is a collection of lenders managed by a related party to the administrative agent. AP Service Company, LLC (the “Servicer”), a wholly owned subsidiary of the Company, is the Servicer under the DWIP Agreement. An unrelated party to DWIP was named as backup servicer in the event of a default of the Servicer as defined in the DWIP Agreement. The DWIP Agreement requires an annual rating be performed by a rating agency. In 2016, DWIP repaid $12,400 of the loan balance. On October 16, 2018, DWIP signed an amendment that extended the maturity from August 10, 2019, to October 16, 2023, at which time all outstanding principal balances shall be repaid. The amendment allows that principal balances may be prepaid in whole on any date, provided that a prepayment premium equal to 3.0% of the prepayment loan amount shall apply if the payment occurs on or prior to 24 months after October 16, 2018, to 2.0% of the prepayment loan amount shall apply if the payment occurs on or prior to 36 months after October 16, 2018 but after 24 months after October 16, 2018, 1.0% of the prepayment loan amount shall apply if the payment occurs on or prior to 60 months after October 16, 2018 but after 36 months after October 16, 2018, and 0% of the prepayment loan amount shall apply if the payment occurs after 60 months after October 16, 2018. Additionally, the amendment also adjusted the interest rate from 4.50% to 4.25%. Interest and fees due under the DWIP Agreement are payable monthly through the application of funds secured in a bank account controlled by the collateral agent (the collection account). The collateral agent sweeps customer collections from DWIP’s lockbox account each month. After receipt of a monthly report prepared by the Servicer detailing loan activity, borrowing compliance, customer collections, and general reserve account required balances, the collateral agent disburses funds monthly for interest, fees, deposits to the reserve account (if required), mandatory prepayments (if required), and remaining amounts from the prior months’ collections to DWIP. As of December 31, 2020 (Successor) and December 31, 2019 (Predecessor), $100,000 has been advanced to DWIP under the DWIP Agreement and DWIP’s escrow account balance and the related liability associated with this balance was $2,600 as of December 31, 2020 (Successor) and December 31, 2019 (Predecessor). The escrow and collection account balances are included in the carrying amount of restricted cash in the consolidated balance sheets. DWIP is subject to restrictive covenants relating to, among others, future indebtedness and transfer of control of DWIP, and DWIP must also meet a financial ratio relating to interest coverage (as defined in the DWIP Agreement). For the periods presented, DWIP was in compliance with all covenants associated with the DWIP Agreement. Facility Agreement (up to £1,000,000) In October 2017, a subsidiary of the Company, AP WIP International Holdings, LLC (“IWIP”), entered into a facility agreement (the “Facility Agreement”) for up to £1,000,000 with AP WIP Investments, LLC, as guarantor, Telecom Credit Infrastructure Designated Activity Company (“TCI DAC”), as original lender, Goldman Sachs Lending Partners LLC, as agent, and GLAS Trust Corporation Limited, as security agent. TCI DAC is an Irish Section 110 Designated Activity Company. The Facility Agreement is an uncommitted, £1,000,000 note issuance program with an initial 10-year Under the terms of the Facility Agreement, IWIP is the sole borrower and the finance parties include a lender, an agent and certain other financial institutions. AP WIP Investments, which controls IWIP, is a guarantor of the loan and the loan is secured by the direct equity interests in IWIP. The loan is also secured by a debt service reserve account and escrow cash account of IWIP, which are included in restricted cash in the consolidated balance sheets, as well as direct equity interests and bank accounts of certain of IWIP’s asset owning subsidiaries. The Servicer, a subsidiary of the Company, is the Servicer under the Facility Agreement. The loan is senior in right of payment to all other debt of IWIP. The Facility Agreement provides for funding up to £1 billion (uncommitted) consisting of tranches in Euros (“Series 1-A 1-B During November 2018, an additional $98,400 of the amount available under the Facility Agreement was funded, consisting of loans of €40,000 (“Series 2-A 2-B The Series 1-A 1-B 2-A 2-B sub-tranches The Series 1-A 1-B 2-A 2-B On August 27, 2020, additional borrowings under the Facility Agreement were made, consisting of €75,000 (“Series 3-A 3-B 3-A 3-B 1-A 1-B 2-A 2-B 3-A 3-B IWIP is subject to certain financial condition and testing covenants (such as interest coverage, leverage and equity requirements and limits) as well as restrictive covenants relating to, among others, future indebtedness and liens and other material activities of IWIP and its subsidiaries. For the periods presented, IWIP was in compliance with all covenants associated with the Facility Agreement. DWIP II Loan Agreement In 2015, AP WIP Domestic Investment II, LLC (“DWIP II”), a wholly owned subsidiary of AP WIP Investments, entered into a Secured Loan and Security Agreement (the “Mezzanine Loan Agreement”), which was later amended and restated (the “A&R Mezzanine Loan Agreement”). In April 2020, APW OpCo acquired all of the rights to the loans and obligations under the A&R Mezzanine Loan Agreement from the lenders thereunder for $47,775, thereby settling this obligation. As of the settlement date, the carrying amount of the outstanding debt was $49,039. Accordingly, a gain on the extinguishment of the obligation under the A&R Mezzanine Loan Agreement of $1,264 was recognized in the consolidated statement of operations. Subscription Agreement (up to £250,000) On November 6, 2019, AP WIP Investments Borrower, LLC, a subsidiary of AP WIP Investments (“AP WIP Investments Borrower”) and a Delaware limited liability company, which was created on September 25, 2019, entered into a subscription agreement to borrow funds for working capital and other corporate purposes. Under the terms of the Subscription Agreement, AP WIP Investments Borrower is the sole borrower and AP WIP Investments is the guarantor of the loan and the loan is secured by AP Wireless’ direct equity interests in AP WIP Investments. The loan is senior in right of payment to all other debt of AP WIP Investments Borrower. There is no cross default or cross acceleration to senior secured debt other than if there is an acceleration under the senior debt in relation to certain events as per documentation such as the breach by the guarantor in certain cases. The Subscription Agreement provides for funding up to £250,000 in the form of nine-year term loans consisting of three tranches available in Euros, Pound Sterling and U.S. dollars. On November 8, 2019, $75,480 of the amount available under the Subscription Agreement was funded. This amount was comprised of €68,000 in the form of Class A Tranche. At closing of the Subscription Agreement, $3,000 was funded to and is required to be held in a debt service reserve account. The initial Euro Class A Tranche balance outstanding under the Facility Agreement accrues interest at a fixed annual rate equal to 4.25%, which is payable quarterly on the 20 th payment-in-kind sub-tranches, AP WIP Investments Borrower is subject to certain financial condition and testing covenants (such as interest coverage and leverage limits) as well as restrictive and operating covenants relating to, among others, future indebtedness and liens and other material activities of AP WIP Investments Borrower and its affiliates. AP WIP Investments Borrower was in compliance with all covenants associated with the Subscription Agreement for the period that borrowings were outstanding during the year ended December 31, 2020. In February 2021, a new tranche of debt was issued under the Subscription Agreement. The Company added approximately $94 million of USD equivalents (€77 million) of new interest-only secured notes under the existing debt facility. The notes mature on November 8, 2028, with a blended current cash interest rate of 3.9% plus 1.75% payment-in-kind Debt Discount and Financing Costs In connection with the amendments made to the Facility Agreement on August 27, 2020 and the additional borrowings made thereunder, deferred financing fees were incurred, totaling $3,721. Amortization of debt discount and deferred financing costs, included in interest expense, net on the consolidated statements of operations, was $192 for the period from February 10 to December 31, 2020 (Successor), $281 for the period from January 1 to February 9, 2020 (Predecessor) and $2,920 for the year ended December 31, 2019 (Predecessor).

Income Taxes

Income Taxes	3 Months Ended	12 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Income Taxes	10. Income Taxes Income tax expense (benefit) was ($722) and $987 for the three months ended March 31, 2021 and the period from February 10 to March 31, 2020 (Successor), respectively, and $767 for the period from January 1 to February 9, 2020 (Predecessor). For the three months ended March 31, 2021 and the period February 10 through March 31, 2020 (Successor), the effective tax rate was 8.1% and (1.3)%, respectively, compared to 11.0% for the period January 1 through February 9, 2020 (Predecessor). The Company’s recorded income tax expense (benefit) in relation to its pre-tax As of December 31, 2020, the Company had federal net operating loss carryforwards of $43,365, which can be carried forward indefinitely, and foreign tax loss carryforwards of $58,170, of which $31,754 can be carried forward indefinitely, $333 will expire in 2021 and the remainder is scheduled to expire between 2022 and 2040.	10. Income Taxes Income tax expense consisted of the following: Successor Predecessor Period from February 10 to December 31, 2020 Period from January 1 to February 9, 2020 Year ended December 31, 2019 Current: Foreign $ 3,787 $ 424 $ 3,039 Federal — — — Deferred: Foreign (962 ) 343 (571 ) Federal — — — Income tax expense $ 2,825 $ 767 $ 2,468 Income (loss) before income tax expense by geographic area was as follows: Successor Predecessor Period from February 10 to December 31, 2020 Period from January 1 to February 9, 2020 Year ended December 31, 2019 Domestic $ (176,706 ) $ 8,019 $ (30,067 ) Foreign (12,411 ) (1,075 ) (11,910 ) Income (loss) before income tax expense $ (189,117 ) $ 6,944 $ (41,977 ) A reconciliation of the income tax expense computed at statutory rates was as follows: Successor Predecessor Period from February 10 to December 31, 2020 Period from January 1 to February 9, 2020 Year ended December 31, 2019 Statutory tax rate 21 % 21 % 21 % Income (loss) before income taxes $ (189,117 ) $ 6,944 $ (41,977 ) Expected income tax expense (benefit) (39,715 ) 1,458 (8,815 ) Increase (decrease) income tax expense resulting from: Foreign earnings subject to different tax rates (1,025 ) (98 ) 703 Valuation allowance 22,549 739 712 Share-based compensation 14,668 — — Non-taxable 1,789 (1,581 ) 7,317 Uncertain tax position 592 — 319 Non-deductible 3,053 249 2,232 Tax law change 2,414 — — State taxes (1,205 ) — — Other (295 ) — — Income tax expense $ 2,825 $ 767 $ 2,468 The significant components of deferred income tax assets and liabilities were as follows: Successor Predecessor December 31, 2020 December 31, 2019 Deferred income tax assets: Operating losses carried forward $ 24,140 $ 14,063 Amortization — 5,371 Depreciation 627 522 Investment in partnership 11,770 — Other 214 12 Deferred income tax assets 36,751 19,968 Valuation allowance (27,105 ) (18,977 ) Deferred income tax assets, net of valuation allowance 9,646 991 Deferred income tax liabilities: Amortization (65,610 ) — Deferred income tax liabilities (65,610 ) — Net deferred income tax asset (liability) $ (55,964 ) $ 991 As of December 31, 2020, the Company had federal net operating loss carryforwards of $43,365, which can be carried forward indefinitely, and foreign tax loss carryforwards of $58,170, of which $31,754 can be carried forward indefinitely, $333 will expire in 2021 and the remainder is scheduled to expire between 2022 and 2040. The Company and the Predecessor recorded a valuation allowance against its net deferred tax assets as of December 31, 2020 and 2019 of $27,105 and $18,977, respectively. As of December 31, 2020, the valuation allowance was primarily attributable to U.S. and certain foreign jurisdictions. The valuation allowance balances at these locations were associated mainly with net operating losses, but in some cases relate to other additional deferred tax assets in the jurisdiction. The Company has determined that it is more likely than not that these assets will not be fully realized due to historical net operating losses incurred. The increase in the valuation allowance was due primarily to the generation of net operating loss carryforwards during the year. As of December 31, 2020, the Company intends to indefinitely reinvest all cumulative undistributed earnings of foreign subsidiaries, and as such no U.S. federal or state income or foreign withholding taxes have been recorded. It is not practicable to determine the amount of the unrecognized deferred tax liability related to any undistributed foreign earnings. A reconciliation of the activity related to unrecognized income tax benefits follows: Successor Predecessor Period from February 10 to December 31, 2020 Period from January 1 to February 9, 2020 Year ended December 31, 2019 Beginning balance $ 3,879 $ 3,879 $ 3,560 Increases related to prior-year tax positions 1,946 — — Increases related to current-year tax positions — — 319 Ending balance $ 5,825 $ 3,879 $ 3,879 As of December 31, 2020 and 2019, the Company and the Predecessor recorded liabilities for unrecognized income tax benefits of $5,825 and $3,879, respectively, all of which would impact the effective rate, if recognized. Changes in the Company’s unrecognized income tax benefit obligation within the next twelve months are expected to result in a reduction in this liability of approximately $391, as certain tax positions are expected to be effectively settled with the applicable taxing jurisdiction during this period. For the period from February 10 to December 31, 2020 (Successor) and year ended December 31, 2019 (Predecessor), the Company recognized interest and penalties accrued on unrecognized income tax benefits as a component of income tax expense, totaling $305 and $119, respectively. From time to time, the Company is subject to examinations by various tax authorities in jurisdictions in which the Company has business operations. As of December 31, 2020, the Company was not subject to an income tax examination in the U.S. or in any foreign jurisdiction, though tax years beginning with 2015 remained open and subject to examination by foreign taxing jurisdictions.

Variable Interest Entity

Variable Interest Entity	12 Months Ended
	Dec. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Variable Interest Entity	11. Variable Interest Entity Prior to October 16, 2019, AP WIP Investments determined that it had one VIE, AP Wireless Infrastructure Partners, LLC (“AP Infrastructure”), for which AP WIP Investments was the primary beneficiary. AP Infrastructure is headquartered in San Diego, California and was formed in 2010 in order to provide employees and other administrative services. All of AP Infrastructure’s revenue since inception has been attributed to services performed for AP WIP Investments. On October 16, 2019, Associated Partners, contributed 100% of the limited liability company interests in the Servicer, the parent of AP Infrastructure, to AP Wireless. The contribution agreement led management to reconsider the Servicer’s VIE status. Management determined AP WIP Investments to be the primary beneficiary of the Servicer because AP WIP Investments determined that, through AP Wireless, it had the power to direct all of the activities of the Servicer. As AP WIP Investments was the primary beneficiary of the VIE, AP WIP Investments recorded $6,856 of assets and $1,865 in liabilities in the consolidated balance sheet at December 31, 2019 (Predecessor). The assets recognized primarily consisted of cash of $5,891 and fixed assets, net of $457 at December 31, 2019 (Predecessor). As of December 31, 2019 (Predecessor), the liabilities recognized consisted primarily of bonuses payable of $925. All intercompany revenue, payables, and receivables between AP WIP Investments and the Servicer were eliminated upon consolidation. In conjunction with the acquisition of APW OpCo, the Company (Successor) does not have a variable interest in the entities noted above. The assets, liabilities, income and expense of the entities noted above are included the Company’s consolidated financial statements (Successor) for the periods subsequent to the Transaction.

Stockholders' Equity

Stockholders' Equity	3 Months Ended	12 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Stockholders' Equity Note [Abstract]
Stockholders' Equity	11. Stockholders’ Equity Founder Preferred Stock The “Founder Preferred Stock” consists of Series A Founder Preferred Stock and Series B Founder Preferred Stock. Series A Founder Preferred Stock In connection with Landscape raising approximately $500.0 million before expenses through its initial placement of Ordinary Shares and Warrants in November 2017, the Company issued a total of 1,600,000 shares of Series A Founder Preferred Stock, no par value, to certain founders of Landscape, which were converted into 1,600,000 shares of Series A Founder Preferred Stock, par value $0.0001 per share (“Series A Founder Preferred Stock”) in connection with the Domestication. Each holder of Series A Founder Preferred Stock is entitled to a number of votes equal to the number of Class A Shares into which each share of Series A Founder Preferred Stock could then be converted, on all matters on which stockholders are generally entitled to vote. There is no restriction on the repurchase or redemption by the Company of the Series A Founder Preferred Stock. In the event of any liquidation, dissolution or winding up (either voluntary or involuntary) of the Company, the holders of the Series A Founder Preferred Stock shall have the right to a pro rata share (together with holders of Class A Common Stock) in the distribution of the surplus assets of the Company. In addition to providing long-term capital, the Series A Founder Preferred Stock were issued to have the effect of incentivizing the holders to achieve the Company’s objectives. As described below, they are structured to provide a return based on the future appreciation of the market value of the Class A Shares. Upon the closing of the Transaction and if the average price per Class A Share for any ten consecutive trading days is at least $11.50, a holder of Series A Founder Preferred Stock will be entitled to receive, when, as and if declared by the Company’s Board of Directors (the “Board”), and payable in preference and priority to the declaration or payment of any dividends on the Class A Shares or any other junior stock, a cumulative annual dividend. Such dividend will be payable in Class A Shares or cash, in the sole discretion of the Board. In the first year in which such dividend becomes payable, such dividend will be equal in value to (i) 20% of the increase in the market value of one Class A Share, being the difference between $10.00 per share and the average price per share, multiplied by (ii) such number of outstanding Class A Shares immediately following the Transaction (“Preferred Share Dividend Equivalent”). Thereafter, the dividend will become payable only if the average price during any subsequent year is greater than the highest average price in any preceding year in which a dividend was paid in respect of the Series A Founder Preferred Stock. Such dividend will be equal in value to 20% of the increase in the average price over the highest average price in any preceding year multiplied by the Preferred Share Dividend Equivalent. In addition, the Series A Founder Preferred Stock will also participate in any dividends on the Class A Shares on an as-converted On the last day of the seventh full financial year of the Company after the closing of the Transaction, the Series A Founder Preferred Stock will automatically convert into Class A Shares on a one-for-one In accordance with ASC 718, the annual dividend amount, based on the market price of the Ordinary Shares, resulted in the dividend feature to be deemed compensatory to the Landscape founders receiving the shares and classified as a market condition award settled in shares. As the right to the annual dividend amount was triggered only upon an acquisition event, which was not considered probable until an acquisition had been consummated, the fair value of the annual dividend amount measured on the date of issuance of the Founder Preferred Stock was then recognized upon the consummation of the Transaction. The fair value of the Series A Founder Preferred Stock, $85.5 million, was measured as of its issuance date using a Monte Carlo method which took into consideration different stock price paths. Of the $85.5 million fair value of the Series A Founder Preferred Stock, approximately $69.5 million was attributed to the fair value of the annual dividend amount, which represented the excess of the fair value of the Series A Founder Preferred Stock over the price paid by the founders for these shares and was recorded as share-based compensation expense in the accompanying condensed consolidated statement of operations in the Successor period. The following assumptions were used when calculating the issuance date fair value: Number of securities issued 1,600,000 Ordinary Share price upon initial public offering $ 10.00 Founder Preferred Share price $ 10.00 Probability of winding-up 16.7 % Probability of an acquisition 83.3 % Time to an acquisition 1.5 years Volatility (post-acquisition) 38.68 % Risk free interest rate 2.26 % Stock Dividend on Series A Founder Preferred Stock On February 1, 2021, the Board declared a stock dividend payment of 2,474,421 Class A Shares that was paid on February 4, 2021 to the sole holder of record of all the issued and outstanding shares of Series A Founder Preferred Stock as of the close of business on February 1, 2021. Pursuant to the terms of the Series A Founder Preferred Stock, the holders became entitled to receive an annual dividend upon the Board’s declaration of such dividend and after the volume weighted average price of the Class A Common Stock was at or above $11.50 for ten consecutive trading days in 2020. The annual dividend amount, which totaled $31,391, was computed based on 20% of the increase in the market value of one Class A Share, being the difference between the average of the volume weighted average Class A Share prices of the last ten trading days of 2020 of approximately $12.69 and $10.00 per share, multiplied by the number of Class A Shares outstanding immediately following the Transaction. Series B Founder Preferred Stock In connection with the Transaction, the Company issued a total of 1,386,033 Series B Founder Preferred Stock, par value $0.0001 per share (“Series B Founder Preferred Stock”), to certain executive officers and were issued in tandem with LTIP Units (as defined in Note 12). Each holder of Series B Founder Preferred Stock is entitled to a number of votes equal to the number of Class A Shares and shares (“Class B Shares”) of the Company’s Class B common stock, par value $0.0001 per share (“Class B Common Stock”), respectively, into which each share of Series B Founder Preferred Stock could then be converted, on all matters on which stockholders are generally entitled to vote. The Series B Founder Preferred Stock does not confer upon the holder thereof any right to dividends or distributions at any time, including upon the Company’s liquidation. On the last day of the seventh full financial year of the Company after the Closing Date, i.e., December 31, 2027 (or if any such date is not a trading day, the first trading day immediately following such date), the Series B Founder Preferred Stock will automatically convert into Class B Shares on a one-for-one Founder Preferred Stock – Voting For so long as TOMS Acquisition II LLC and Imperial Landscape Sponsor LLC and William Berkman, their affiliates and their permitted transferees under a shareholder agreement entered into in connection with the Transaction (the “Shareholder Agreement”) in aggregate hold 20% or more of the issued and outstanding Series A Founder Preferred Stock and Series B Founder Preferred Stock, the holders of a majority in voting power of the outstanding Founder Preferred Stock, voting or consenting together as a single class, will be entitled, at any meeting of the holders of the outstanding Founder Preferred Stock held for the election of directors or by consent in lieu of a meeting of the holders of the outstanding Founder Preferred Stock, to: • elect four members of the Board of Directors (the “Founder Directors”); • remove from office, with or without cause, any Founder Director; and • fill any vacancy caused by the death, resignation, disqualification, removal or other cause of any Founder Director. Pursuant to the Shareholder Agreement, two of the Founder Directors will be appointed by holders of the Series A Founder Preferred Stock and two of the Founder Directors will be appointed by holders of the Series B Founder Preferred Stock. Class A Common Stock Each holder of Class A Common Stock is entitled to one vote per share on all matters before the holders of Class A Shares. Holders of Class A Shares are entitled to ratably receive dividends and other distributions in cash, stock or property of the Company when, as and if declared thereon by the Board from time to time out of assets or funds of the Company legally available. In the event of any liquidation, dissolution or winding up (either voluntary or involuntary) of the Company, the holders of Class A Shares will be entitled to receive the assets and funds of the Company available for distribution to stockholders of the Company, subject to applicable law and the rights, if any, of the holders of any outstanding series of preferred stock. Class B Common Stock The Class B Shares were issued to (i) the Continuing OpCo Members on the Closing Date pursuant to the Transaction and (ii) certain officers of the Company pursuant to the Company’s Long-Term Incentive Plan. Each holder is entitled to one vote per share together as a single class with Class A Common Stock. Class B Shares will be deemed to be non-economic Concurrently with the Company’s declaration and payment of the stock dividend to the sole holder of record of all the issued and outstanding shares of Series A Founder Preferred Stock in February 2021, a rollover distribution of 197,739 Class B Common Units (described below), which are held in tandem with Class B Shares, was made to the holders of the Series A Rollover Profits Units (described below). Accordingly, the stock dividend resulted in the issuance of 197,739 shares of Class B Common Stock to these holders concurrently with the stock dividend on Series A Founder Preferred Stock. Warrants In connection with Landscape’s initial placement of Ordinary Shares, the Company issued 50,025,000 Warrants to the purchasers of both Ordinary Shares and Founder Preferred Stock (including the 25,000 Warrants that were issued to non-founder one-third Noncontrolling Interest Noncontrolling interests consist of limited liability company units of APW OpCo not owned by Radius and includes the following units issued by APW OpCo and further described below: Class B Common Units, Series A Rollover Profits Units and Series B Rollover Profits Units. As of March 31, 2021, the portion of APW OpCo not owned by Radius was approximately 8.2%, representing the noncontrolling interest. Class B Common Units The Class B Common Units are held in tandem with Class B Shares. A member of APW OpCo may redeem the Class B Common Units for cash or Class A Shares, at the option of the Company, subject to certain terms and conditions, including the surrender (for no consideration) by the redeeming holder of the Class B Shares held in tandem with the Class B Common Units being redeemed. Series A Rollover Profits Units The Series A Rollover Profits Units serve to provide anti-dilution protection to Class B Common Units from dividends issued to holders of Series A Founder Preferred Stock. Concurrently with any dividend to holders of Series A Founder Preferred Stock, APW OpCo is required to distribute to holders of Series A Rollover Profits Units corresponding distributions, which shall be made in either cash or Class B Common Units to the same extent as the distribution was made to the holders of the Series A Founder Preferred Stock. The Series A Rollover Profits Units are forfeited, subject to certain exceptions and limitations, upon the earlier of (i) the date of the conversion of all of the Series A Founder Preferred Stock into Class A Shares, and (ii) the date on which there are no Series A Founder Preferred Stock outstanding. The Company’s payment of the stock dividend on the Series A Founder Preferred Stock in February 2021 resulted in a rollover distribution of 197,739 Class B Common Units to the holders of the Series A Rollover Profits Units. Series B Rollover Profits Units Series B Rollover Profits Units become equitized when such holders’ capital accounts maintained for federal income tax purposes exceed a predetermined threshold. Once equitized, a Series B Rollover Profits Unit is treated for all purposes as one Class B Common Unit.	12. Stockholders’ Equity Founder Preferred Shares The “Founder Preferred Shares” consist of Series A Founder Preferred Shares and Series B Founder Preferred Shares. Series A Founder Preferred Shares In connection with Landscape raising approximately $500.0 million before expenses through its initial placement of Ordinary Shares and Warrants in November 2017, the Company issued a total of 1,600,000 Series A Founder Preferred Shares, no par value to certain founders of Landscape. Each holder of Series A Founder Preferred Shares is entitled to a number of votes equal to the number of Class A Shares into which each Series A Founder Preferred Share could then be converted, on all matters on which stockholders are generally entitled to vote. There is no restriction on the repurchase or redemption by the Company of the Series A Founder Preferred Shares. In addition to providing long-term capital, the Series A Founder Preferred Shares were issued to have the effect of incentivizing the holders to achieve the Company’s objectives. As described below, they are structured to provide a return based on the future appreciation of the market value of the Class A Shares. Upon the closing of the Transaction and if the average price per Class A Share for any ten consecutive trading days is at least $11.50, a holder of Series A Founder Preferred Shares will be entitled to receive, when, as and if declared by the Company’s Board of Directors (the “Board”), and payable in preference and priority to the declaration or payment of any dividends on the Class A Shares or any other junior stock, a cumulative annual dividend. Such dividend will be payable in Class A Shares or cash, in the sole discretion of the Board. In the first year in which such dividend becomes payable, such dividend will be equal in value to (i) 20% of the increase in the market value of one Class A Share, being the difference between $10.00 and the average price, multiplied by (ii) such number of outstanding Class A Shares immediately following the Transaction (“Preferred Share Dividend Equivalent”). Thereafter, the dividend will become payable only if the average price during any subsequent year is greater than the highest average price in any preceding year in which a dividend was paid in respect of the Series A Founder Preferred Shares. Such dividend will be equal in value to 20% of the increase in the average price over the highest average price in any preceding year multiplied by the Preferred Share Dividend Equivalent. In addition, the Series A Founder Preferred Shares will also participate in any dividends on the Class A Shares on an as-converted On the last day of the seventh full financial year of the Company after the closing of the Transaction, the Series A Founder Preferred Shares will automatically convert into Class A Shares on a one-for-one In accordance with ASC 718, the annual dividend amount, based on the market price of the Ordinary Shares, resulted in the dividend feature to be deemed compensatory to the Landscape founders receiving the shares and classified as a market condition award settled in shares. As the right to the annual dividend amount was triggered only upon an acquisition event, which was not considered probable until an acquisition had been consummated, the fair value of the annual dividend amount measured on the date of issuance of the Founder Preferred Shares was then recognized upon the consummation of the Transaction. The fair value of the Series A Founder Preferred Shares, $85.5 million, was measured as of its issuance date using a Monte Carlo method which took into consideration different stock price paths. Of the $85.5 million fair value of the Series A Founder Preferred Shares, approximately $69.5 million was attributed to the fair value of the annual dividend amount, which represented the excess of the fair value of the Series A Founder Preferred Shares over the price paid by the founders for these shares and was recorded as share-based compensation expense in the accompanying consolidated statement of operations in the Successor period. The following assumptions were used when calculating the issuance date fair value: Number of securities issued 1,600,000 Ordinary Share price upon initial public offering $ 10.00 Founder Preferred Share price $ 10.00 Probability of winding-up 16.7 % Probability of an acquisition 83.3 % Time to an acquisition 1.5 years Volatility (post-acquisition) 38.68 % Risk free interest rate 2.26 % On February 1, 2021, the Board declared a stock dividend payment of 2,474,421 Class A Shares that was paid on February 4, 2021 to the sole holder of record of all the issued and outstanding shares of Series A Founder Preferred Stock as of the close of business on February 1, 2021. Pursuant to the terms of the Series A Founder Preferred Stock, the holders became entitled to receive an annual dividend upon the Board’s declaration of such dividend and after the volume weighted average price of the Class A Common Stock was at or above $11.50 for ten consecutive trading days in 2020. The annual dividend amount, which totaled $31.4 million, was computed based on 20% of the increase in the market value of one Class A Share, being the difference between the average of the volume weighted average Class A share prices of the last ten trading days of 2020 and $10.00, multiplied by the number of Class A Shares outstanding immediately following the Transaction. Series B Founder Preferred Shares In connection with the Transaction, the Company issued a total of 1,386,033 Series B Founder Preferred Shares to certain executive officers and were issued in tandem with LTIP Units (see Note 13). Each holder of Series B Founder Preferred Shares is entitled to a number of votes equal to the number of Class A and Class B Shares, respectively, into which each Series B Founder Preferred Share could then be converted, on all matters on which stockholders are generally entitled to vote. The Series B Founder Preferred Shares do not confer upon the holder thereof any right to dividends or distributions at any time, including upon the Company’s liquidation. On the last day of the seventh full financial year of the Company after the Closing Date (i.e., December 31, 2027) or if any such date is not a trading day, the first trading day immediately following such date, the Series B Founder Preferred Shares will automatically convert into Class B Shares on a one-for-one Founder Preferred Shares – Voting For so long as TOMS Acquisition II LLC and Imperial Landscape Sponsor LLC and William Berkman, their affiliates and their permitted transferees under a shareholder agreement entered into in connection with the Transaction (the “Shareholder Agreement”) in aggregate hold 20% or more of the issued and outstanding Series A Founder Preferred Shares and Series B Founder Preferred Shares, the holders of a majority in voting power of the outstanding Founder Preferred Shares, voting or consenting together as a single class, will be entitled, at any meeting of the holders of the outstanding Founder Preferred Shares held for the election of directors or by consent in lieu of a meeting of the holders of the outstanding Founder Preferred Shares, to: • elect four members of the Board of Directors (the “Founder Directors”); • remove from office, with or without cause, any Founder Director; and • fill any vacancy caused by the death, resignation, disqualification, removal or other cause of any Founder Director. Pursuant to the Shareholder Agreement, two of the Founder Directors will be appointed by holders of the Series A Founder Preferred Shares and two of the Founder Directors will be appointed by holders of the Series B Founder Preferred Shares. Class A Common Shares As of December 31, 2020, the Company had outstanding 58,425,000 Class A Common Shares, par value $0.0001 per share, comprised of (i) 48,425,000 common shares issued in connection with Landscape’s initial placement of Ordinary Shares and Warrants and (ii) 10,000,000 common shares issued pursuant to the Centerbridge Subscription Agreement. Each holder is entitled to one vote per share on all matters before the holders of Class A Shares. Holders of Class A Shares are entitled to ratably receive dividends and other distributions in cash, stock or property of the Company when, as and if declared thereon by the Board from time to time out of assets or funds of the Company legally available. In the event of any liquidation, dissolution or winding up (either voluntary or involuntary) of the Company, the holders of Class A Shares will be entitled to receive the assets and funds of the Company available for distribution to stockholders of the Company, subject to applicable law and the rights, if any, of the holders of any outstanding series of preferred shares. Class B Shares As of December 31, 2020, the Company had outstanding 11,414,030 Class B Shares, all of which were issued to (i) the Continuing OpCo Members on the Closing Date pursuant to the Transaction and (ii) certain officers of the Company pursuant to the Company’s Long-Term Incentive Plan. Each holder is entitled to one vote per share together as a single class with Class A Shares. Class B Shares are deemed to be non-economic Warrants In connection with Landscape’s initial placement of Ordinary Shares, the Company issued 50,025,000 warrants to the purchasers of both Ordinary Shares and Founder Preferred Shares (including the 25,000 warrants that were issued to non-founder one-third Noncontrolling Interest Noncontrolling interests consist of limited liability company units of APW OpCo not owned by Radius and includes the following units issued by APW OpCo and further described below: Class B Common Units, Series A Rollover Profits Units and Series B Rollover Profits Units. As of December 31, 2020, the portion of APW OpCo not owned by Radius was 8.2%, representing the noncontrolling interest. Class B Common Units As of December 31, 2020, 5,389,030 Class B Common Units were outstanding. The Class B Common Units are held in tandem with Class B Shares. Beginning 180 days after the Closing Date, a member of APW OpCo may redeem the Class B Common Units for cash or Class A Shares, at the option of the Company, subject to certain terms and conditions, including the surrender (for no consideration) by the redeeming holder of the Class B Shares held in tandem with the Class B Common Units being redeemed. Series A Rollover Profits Units As of December 31, 2020, 5,389,030 Series A Rollover Profits Units were outstanding. The Series A Rollover Profits Units serve to provide anti-dilution protection to Class B Common Units from dividends issued to holders of Series A Founder Preferred Shares. Concurrently with any dividend to holders of Series A Founder Preferred Share, APW OpCo is required to distribute to holders of Series A Rollover Profits Units corresponding distributions, which shall be made in either cash or Class B Common Units to the same extent as the distribution was made to the holders of the Series A Founder Preferred Shares. The Series A Rollover Profits Units are forfeited, subject to certain exceptions and limitations, upon the earlier of (i) the date of the conversion of all of the Series A Founder Preferred Shares into Class A Shares, and (ii) the date on which there are no Series A Founder Preferred Shares outstanding. Concurrently with the Company’s declaration and payment of the stock dividend to the sole holder of record of all the issued and outstanding shares of Series A Founder Preferred Stock in February 2021, a rollover distribution of 197,739 Class B Common Units was made to the holders of the Series A Rollover Profits Units. Series B Rollover Profits Units As of December 31, 2020, 625,000 Series B Rollover Profits Units were outstanding. Series B Rollover Profits Units become equitized when such holders’ capital accounts maintained for federal income tax purposes exceed a predetermined threshold. Once equitized, a Series B Rollover Profits Unit is treated for all purposes as one Class B Common Unit.

Share-Based Compensation

Share-Based Compensation	3 Months Ended	12 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Share-Based Compensation	12. Share-Based Compensation The Company’s 2020 Equity Incentive Plan (the “Equity Plan”) is administered by the Compensation Committee of the Board (the “Compensation Committee”). Awards granted under the Equity Plan as noted herein are subject to ASC 718 . Subject to adjustment, the maximum number of shares of Company stock (either Class A Common Stock, Class B Common Stock, or Series B Founder Preferred Stock) that may be issued or paid under or with respect to all awards granted under the Equity Plan is 13,500,000, in the aggregate. Generally, awards will deliver Class A Shares, Class B Shares or Series B Founder Preferred Stock. Each Class B Share available under the Equity Plan may only be granted in tandem with units designated as “Series A LTIP Units” pursuant to the APW OpCo LLC Agreement or upon conversion of the Series B Founder Preferred Stock, and each share of Series B Founder Preferred Stock available under the Equity Plan may only be granted in tandem with units designated as “Series B LTIP Units” pursuant to the APW OpCo LLC Agreement. As of March 31, 2021, there were approximately 3,199,546 share-based awards collectively available for grant under the Equity Plan. The Equity Plan will remain in effect for ten years following February 10, 2020, unless terminated earlier by the Board, and is subject to amendments as the Compensation Committee considers appropriate, subject to the consent of participants if such changes adversely affect the participant’s outstanding rights. Shareholder approval is required to increase the permitted dilution limits and change eligibility requirements. Long-Term Incentive Plan On February 10, 2020, the Company granted each executive officer of the Company an initial award (each, an “Initial Award”) of Series A LTIP Units and Series B LTIP Units (the “LTIP Units”) and, in tandem with LTIP Units an equal number of Class B Shares and/or shares of Series B Founder Preferred Stock (collectively, the “Tandem Shares”), subject to the terms and conditions of the Equity Plan. The Initial Awards consisted of (i) 3,376,076 time-vesting Series A LTIP Units that either vest over a three-year or five-year service period following the grant date, (ii) 2,023,924 performance-based Series A LTIP Units that are subject to both time and performance vesting conditions, the latter condition based on the attainment of certain common share price hurdles over seven years, and (iii) 1,386,033 Series B LTIP Units that contain only a performance-based vesting condition based on the attainment of certain common share price hurdles over nine years. The Tandem Shares are subject to the same vesting and forfeiture condition as the related LTIP Units. A summary of the changes in the LTIP Units for the three months ended March 31, 2021 is presented below: Series A Series B Outstanding at December 31, 2020 5,400,000 1,386,033 Granted — — Exercised — — Outstanding at March 31, 2021 5,400,000 1,386,033 Exercisable at March 31, 2021 855,504 372,358 The fair value of each LTIP Unit was measured as of its grant date using a Monte Carlo method which took into consideration different stock price paths. The weighted-average grant date fair values for each LTIP unit and the assumptions used in the determinations thereof were as follows: Series A LTIP Units Series B LTIP Units Weighted-average grant date fair value $ 8.32 $ 6.17 Expected term 7.9 years 9.9 years Expected volatility 18.4 % 19.7 % Risk-free interest rate 1.5 % 1.6 % For the three months ended March 31, 2021 and for the period from February 10 to March 31, 2020 (Successor), the Company recognized share-based compensation expense of $3,313 and $1,464, respectively, for LTIP Units. As of March 31, 2021, there was $38,773 of total unrecognized compensation cost related to the LTIP Units granted, which is expected to be recognized over a weighted-average period of 3.4 years. Restricted Stock The Equity Plan permits the Compensation Committee to grant restricted stock awards to eligible recipients as detailed in the Equity Plan. Restricted stock awards are subject to the conditions in the Equity Plan as well as an individual award agreement further detailing the conditions of each award. Restricted stock awards granted under the Equity Plan are non-transferable A summary of the changes in the Company’s nonvested restricted stock awards for the three months ended March 31, 2021 is presented below: Shares Weighted- Average Grant- Date Fair Value Nonvested at December 31, 2020 261,429 $ 8.92 Granted 48,492 $ 13.92 Vested (214,629 ) $ (9.16 ) Forfeited — — Nonvested at March 31, 2021 95,292 $ 10.93 For the three months ended March 31, 2021 and for the period from February 10 to March 31, 2020 (Successor), the Company recognized share-based compensation expense of $496 and $49, respectively, for restricted stock awards. As of March 31, 2021, there was $935 of total unrecognized compensation cost related to restricted stock awards granted as of March 31, 2021. The total cost is expected to be recognized over a weighted-average period of 2.0 years. Stock Options In November 2017, Landscape issued its non-founder paid-in During the three months ended March 31, 2021, 546,500 stock options were granted to employees of the Company at a weighted-average exercise price of $13.36 per share. Expiring on the tenth anniversary following the grant date, each employee option award vests upon the completion of five years of service. The weighted-average fair value of the stock options granted was $3.39 on the grant date using the Black-Scholes option pricing model, which used the following weighted-average assumptions: expected term – 6.5 years; expected volatility – 23.0%; and risk-free interest rate – 0.9%. For the three months ended March 31, 2021, the Company recognized share-based compensation expense of $294 for stock options granted to employees. As of March 31, 2021, there was $5,311 of total unrecognized compensation cost, which is expected to be recognized over a weighted-average period of 4.2 years. The following table summarizes the changes in the number of common shares underlying options for the three months ended March 31, 2021: Shares Weighted- Average Exercise Price Outstanding at December 31, 2020 2,813,000 $ 7.84 Granted 546,500 $ 13.36 Exercised (2,600 ) $ 7.67 Forfeited (30,000 ) $ 7.67 Outstanding at March 31, 2021 3,326,900 $ 8.75 Exercisable at March 31, 2021 601,600 $ 8.45	13. Share-Based Compensation The Company’s 2020 Equity Incentive Plan (the “Equity Plan”) is administered by the Compensation Committee of the Board (“the Compensation Committee”). Awards granted under the Equity Plan as noted herein are subject to ASC 718 . Subject to adjustment, the maximum number of shares of company stock (either Class A Shares, Class B Shares, or Series B Founder Preferred Shares) that may be issued or paid under or with respect to all awards granted under the Equity Plan is 13,500,000, in the aggregate. Generally, awards will deliver Class A Shares, Class B Shares or Series B Founder Preferred Shares. Each Class B Share available under the Equity Plan may only be granted in tandem with units designated as “Series A LTIP Units” pursuant to the APW OpCo LLC Agreement or upon conversion of the Series B Founder Preferred Shares, and each Series B Founder Preferred Share available under the Equity Plan may only be granted in tandem with units designated as “Series B LTIP Units” pursuant to the APW OpCo LLC Agreement. As of December 31, 2020, there were approximately 3,764,538 share-based awards collectively available for grant under the Equity Plan. The Equity Plan will remain in effect for ten years following February 10, 2020, unless terminated earlier by the Board, and is subject to amendments as the Compensation Committee considers appropriate, subject to the consent of participants if such changes adversely affect the participant’s outstanding rights. Shareholder approval is required to increase the permitted dilution limits and change eligibility requirements. Long-Term Incentive Plan The Company granted each executive officer of the Company an initial award (each, an “Initial Award”) of Series A LTIP Units and Series B LTIP Units (the “LTIP Units”) and, in tandem with LTIP Units an equal number of Class B Common Shares and/or Series B Founder Preferred Shares (collectively, the “Tandem Shares’), subject to the terms and conditions of the Equity Plan. The Initial Awards consisted of (i) 3,376,076 time-vesting Series A LTIP Units that either vest over a three-year or five-year service period following the grant date, (ii) 2,023,924 performance-based Series A LTIP Units that are subject to both time and performance vesting conditions, the latter condition based on the attainment of certain common share price hurdles over seven years, and (iii) 1,386,033 Series B LTIP Units that contain only a performance-based vesting condition based on the attainment of certain common share price hurdles over nine years. The Tandem Shares are subject to the same vesting and forfeiture condition as the related LTIP Units. A summary of the Company’s LTIP Units as of December 31, 2020, and changes during the period ended February 10, 2020 to December 31, 2020 (Successor) is presented below: Shares Weighted- Average Grant-Date Fair Value Nonvested at February 10, 2020 — $ — Series A LTIP Units: Granted 5,400,000 8.32 Series B LTIP Units: Granted 1,386,033 6.17 Nonvested at December 31, 2020 6,786,033 $ 7.88 The fair value of each LTIP Unit was measured as of its grant date using a Monte Carlo method which took into consideration different stock price paths and used the following assumptions: Series A LTIP Units Series B LTIP Units Expected term 7.9 years 9.9 years Expected volatility 18.4 % 19.7 % Risk-free interest rate 1.5 % 1.6 % For the period from February 10, 2020 to December 31, 2020 (Successor), the Company recognized share-based compensation expense of $11,403 for LTIP Units. As of December 31, 2020, there was $42,086 of total unrecognized compensation cost related to LTIP Units granted, which is expected to be recognized over a weighted-average period of 3.6 years. Restricted Stock The Equity Plan permits the Compensation Committee to grant restricted stock awards to eligible recipients as detailed in the Equity Plan. Restricted stock awards are subject to the conditions in the Equity Plan as well as an individual award agreement further detailing the conditions of each award. Restricted stock awards granted under the Equity Plan are non-transferable A summary of the status of the Company’s restricted stock awards as of December 31, 2020, and changes during the period from February 10, 2020 to December 31, 2020 (Successor) is presented below: Shares Weighted- Average Grant- Date Fair Value Nonvested at February 10, 2020 — $ — Granted 283,492 9.01 Forfeited (22,063 ) 10.00 Nonvested at December 31, 2020 261,429 $ 8.92 For the period from February 10, 2020 to December 31, 2020 (Successor), the Company recognized share-based compensation expense of $1,576 for restricted stock awards. As of December 31, 2020, there was $757 of total unrecognized compensation cost related to restricted stock awards granted as of December 31, 2020. The total cost is expected to be recognized over a weighted-average period of 1.1 years. Stock Options In November 2017, Landscape issued its non-founder paid-in During the period from February 10, 2020 to December 31, 2020, 3,014,000 stock options were granted to employees of the Company at a weighted-average exercise price of $7.67 per share. Expiring on the tenth anniversary following the grant date, each employee option award vests upon the completion of five years of service. The weighted-average fair value of the stock options granted was $1.63 on the grant date using the Black-Scholes option pricing model, which used the following weighted-average assumptions: expected term – 6.5 years; expected volatility – 19.0%; and risk-free interest rate – 0.5%. For the period from February 10, 2020 to December 31, 2020 (Successor), the Company recognized share-based compensation expense of $591 for stock options granted to employees. As of December 31, 2020, there was $3,800 of total unrecognized compensation cost, which is expected to be recognized over a weighted-average period of 4.3 years. The following table summarizes the changes in the number of common shares underlying options for the period of February 10, 2020 to December 31, 2020 (Successor): Shares Weighted- Average Exercise Price Aggregate Outstanding at February 10, 2020 125,000 $ 11.50 Granted 3,014,000 7.67 Forfeited (326,000 ) 7.67 Outstanding at December 31, 2020 2,813,000 $ 7.84 $ 14,080 Exercisable at December 31, 2020 125,000 $ 11.50 $ 169

Basic and Diluted Income (Loss)

Basic and Diluted Income (Loss) per Common Share	3 Months Ended	12 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Earnings Per Share [Abstract]
Basic and Diluted Income (Loss) per Common Share	13. Basic and Diluted Income (Loss) per Common Share Net income (loss) is allocated between the common shares and other participating securities based on their participation rights. The Series A Founder Preferred Stock represent participating securities. Net loss attributable to common shares is not adjusted for the Series A Founder Preferred Stock’s right to earnings, because these shares are not contractually obligated to share in losses of the Company. Additionally, the Company excluded the outstanding Warrants, stock options, restricted shares, and Series A Founder Preferred Stock because the securities’ effect would be anti-dilutive. The following table sets forth the computation of basic and diluted net loss per common share using the two-class Successor Three months ended March 31, 2021 Period from February 10, 2020 to March 31, 2020 Numerator: Net loss attributable to stockholders $ (7,579 ) $ (78,310 ) Stock dividend payment to holders of Series A Founder Preferred Stock (31,391 ) — Net loss attributable to common stockholders $ (38,970 ) $ (78,310 ) Denominator: Weighted average common shares outstanding—basic and diluted 59,479,707 58,425,000 Basic and diluted loss per common share $ (0.66 ) $ (1.34 ) The following potentially dilutive securities have been excluded from the computation of diluted weighted average shares outstanding as they would be anti-dilutive: Successor Three months ended March 31, 2021 Period from February 10, 2020 to March 31, 2020 Shares of Series A Founder Preferred Stock 1,600,000 1,600,000 Warrants 16,674,700 16,675,000 Stock options 3,326,900 125,000 Restricted stock 95,292 345,875 LTIP Units 6,786,033 6,786,033	14. Basic and Diluted Income (Loss) per Common Share Net income (loss) is allocated between the common shares and other participating securities based on their participation rights. The Series A Founder Preferred Shares represent participating securities. Net loss attributable to common shares is not adjusted for the Series A Founder Preferred Shares’ right to earnings, because these shares are not contractually obligated to share in losses of the Company. Additionally, the Company excluded the Company’s outstanding warrants, stock options, restricted shares, and Series A Founder Preferred Shares because the securities’ effect would be anti-dilutive. The following table sets forth the computation of basic and diluted net loss per common share using the two-class Period from February 10, 2020 to December 31, 2020 Numerator: Net loss attributable to Radius Global Infrastructure, Inc. common shareholders $ (182,091 ) Adjustment for vested participating preferred stock — Net loss attributable to common shares $ (182,091 ) Denominator: Weighted average shares outstanding—basic and diluted 58,425,000 Basic and diluted loss per common share $ (3.12 ) The following potentially dilutive securities have been excluded from the computation of diluted weighted average shares outstanding as they would be anti-dilutive: Period from February 10, 2020 to December 31, 2020 Series A Founder Preferred Shares 1,600,000 Warrants 16,675,000 Stock options 2,813,000 Restricted stock 261,429 LTIP Units 6,786,033

Geographic Data and Concentrati

Geographic Data and Concentration	12 Months Ended
	Dec. 31, 2020
Geographic Data And Concentration Disclosures [Abstract]
Geographic Data and Concentration	15. Geographic Data and Concentration The following tables summarizes the revenues and total assets of the Company and its Predecessor in different geographic locations (geographic summary is based on the billing addresses of the related in-place Successor Predecessor Period from February 10 to December 31, 2020 Period from January 1 to February 9, 2020 Year ended December 31, 2019 Revenue by Country: United States $ 14,880 $ 1,775 $ 15,820 United Kingdom 17,126 1,927 15,267 Other foreign countries 30,917 3,134 24,619 Total $ 62,923 $ 6,836 $ 55,706 Successor Predecessor December 31, 2020 December 31, 2019 Total Assets by Country: United States $ 561,992 $ 156,541 United Kingdom 269,394 125,126 Italy 197,659 38,485 Other foreign countries 399,185 212,657 Total $ 1,428,230 $ 532,809 Although the Company monitors the creditworthiness of its customers, the loss, consolidation or financial instability of, or network sharing among, any of its customers may materially decrease revenue. Revenue concentration of the Company and its Predecessor was with the following in-place Successor Predecessor Period from February 10 to December 31, 2020 Period from January 1 to February 9, 2020 Year ended December 31, 2019 Revenue by Company: American Tower 13 % 13 % 13 % Other (less than 10% individually) 87 % 87 % 87 % Total 100 % 100 % 100 %

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended	12 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	14. Commitments and Contingencies The Company periodically becomes involved in various claims, lawsuits and proceedings that are incidental to its business. In the opinion of management, after consultation with counsel, the ultimate disposition of these matters, both asserted and unasserted, will not have a material adverse impact on the Company’s condensed consolidated financial position, results of operations or liquidity.	16. Commitments and Contingencies The Company periodically becomes involved in various claims, lawsuits and proceedings that are incidental to its business. In the opinion of management, after consultation with counsel, the ultimate disposition of these matters, both asserted and unasserted, will not have a material adverse impact on the Company’s consolidated financial position, results of operations or liquidity.

Management Incentive Plan

Management Incentive Plan	12 Months Ended
	Dec. 31, 2020
Equity [Abstract]
Management Incentive Plan	17. Management Incentive Plan AP WIP Investments maintained two incentive plans (collectively, the “Management Carve-Out non-equity Carve-Out Carve-Out In conjunction with the Management Carve-Out

Note Receivable

Note Receivable	12 Months Ended
	Dec. 31, 2020
Accounts and Financing Receivable, after Allowance for Credit Loss [Abstract]
Note Receivable	18. Note Receivable In January 2020, a subsidiary of AP WIP Investments, entered into a promissory note agreement with an unaffiliated company. Under the terms of the loan agreement, two installments totaling $17,500 were advanced during the period from January 1, 2020 to February 9, 2020 (Predecessor) and the final installment of $2,500 was advanced during the period from February 10, 2020 to December 31, 2020 (Successor). In April 2020, the borrower repaid the outstanding balance including accrued interest under the promissory note agreement.

COVID-19 Pandemic

COVID-19 Pandemic	3 Months Ended	12 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Extraordinary And Unusual Items [Abstract]
COVID-19 Pandemic	15. COVID-19 The outbreak of COVID-19 COVID-19 COVID-19 COVID-19	19. COVID-19 The outbreak of COVID-19 COVID-19 COVID-19 COVID-19

Subsequent Event

Subsequent Event	3 Months Ended
	Mar. 31, 2021
Subsequent Events [Abstract]
Subsequent Event	16. Subsequent Event On May 11, 2021, the Company entered into an agreement to issue and sell an aggregate of 14,336,918 Class A Shares to certain institutional investors at a purchase price of $13.95 per Class A Share, for aggregate gross proceeds of $200.0 million. Total net offering proceeds to the Company are expected to be approximately $190.0 million after deducting placement agent fees and offering expenses. The purchasers of the shares of Class A Common Stock will be entitled to registration rights, including the Company’s obligation to file a registration statement with the SEC with respect to such shares no later than June 11, 2021. The Company expects the transaction to close on or about May 14, 2021.

Basis of Presentation and Sum_2

Basis of Presentation and Summary of Significant Accounting Policies (Policies)	3 Months Ended	12 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Accounting Policies [Abstract]
Basis of Presentation and Principles of Consolidation	Basis of Presentation and Principles of Consolidation Unless the context otherwise requires, the “Company”, refers, for periods prior to the completion of the Transaction, to AP WIP Investments, and its subsidiaries and, for periods after the completion of the Transaction, to Radius Global Infrastructure, Inc. and its subsidiaries, including AP WIP Investments and its subsidiaries. As a result of the Transaction, for accounting purposes, the Company was the acquirer and AP WIP Investments was the acquiree and accounting predecessor to Radius, as Landscape had no operations prior to the Transaction. Accordingly, the financial statement presentation includes the condensed consolidated financial statements of AP WIP Investments as “Predecessor” for periods prior to the Closing Date and Radius as “Successor” for periods including and after the Closing Date, including the consolidation of AP WIP Investments and its subsidiaries. As more fully described in Note 3, the Transaction was accounted for as a business combination under the scope of the Financial Accounting Standards Board’s (“FASB”) Accounting Standards Codification (“ASC”) Topic 805, Business Combinations The accompanying condensed consolidated financial statements include the accounts of the Company and its majority-owned or controlled subsidiaries. All intercompany balances and transactions have been eliminated in consolidation. For the Successor period from February 10, 2020 through March 31, 2020 and all periods thereafter, Radius consolidated the financial position and results of operations of AP WIP Investments and its subsidiaries. For the Predecessor period, the condensed consolidated financial statements include the accounts of AP WIP Investments and its subsidiaries, as well as a variable interest entity. The condensed consolidated financial statements included herein have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”) and the rules and regulations of Securities and Exchange Commission for interim reporting. The financial information included herein is unaudited. However, the Company believes that all adjustments, which are of a normal and recurring nature, considered necessary for a fair presentation of its financial position and results of operations for such periods have been included herein. The condensed consolidated financial statements and related notes should be read in conjunction with the Company’s Annual Report on Form 10-K	Basis of Presentation and Principles of Consolidation Unless the context otherwise requires, the “Company”, refers, for periods prior to the completion of the Transaction, to AP WIP Investments, and its subsidiaries and, for periods after the completion of the Transaction, to Radius Global Infrastructure, Inc. and its subsidiaries, including AP WIP Investments and its subsidiaries. As a result of the Transaction, for accounting purposes, the Company is the acquirer and AP WIP Investments is the acquiree and accounting Predecessor to Radius, as Landscape had no operations prior to the Transaction. Accordingly, the financial statement presentation includes the financial statements of AP WIP Investments as “Predecessor” for periods prior to the Closing Date and Radius as “Successor” for periods after the Closing Date, including the consolidation of AP WIP Investments and its subsidiaries. The Transaction was accounted for as a business combination under the scope of the Financial Accounting Standards Board’s (“FASB”) Accounting Standards Codification (“ASC”) Topic 805, Business Combinations The consolidated financial statements included herein have been prepared in accordance with generally accepted accounting principles in the United States of America (“GAAP”) and the rules and regulations of Securities and Exchange Commission (“SEC”). The accompanying consolidated financial statements include the accounts of the Company and its majority-owned or controlled subsidiaries. All intercompany balances and transactions have been eliminated in consolidation. For the Successor period from February 10, 2020 through December 31, 2020, Radius consolidated the financial position and results of operations of AP WIP Investments and its subsidiaries. For the Predecessor periods, the consolidated financial statements include the accounts of AP WIP Investments and its subsidiaries, as well as a variable interest entity (“VIE”).
Use of Estimates	Use of Estimates The preparation of the condensed consolidated financial statements, in conformity with GAAP, requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.	Use of Estimates The preparation of the consolidated financial statements, in conformity with GAAP, requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash includes cash on hand and demand deposits. The Company maintains its deposits at high quality financial institutions and monitors the credit ratings of those institutions. The Company considers all highly liquid investments with an original maturity date of three months or less to be cash equivalents. While cash held by financial institutions may at times exceed federally insured limits, the Company believes that no material credit or market risk exposure exists due to the high quality of the institutions. The Company has not experienced any losses on such accounts.	Cash and Cash Equivalents Cash includes cash on hand and demand deposits. The Company maintains its deposits at high-quality financial institutions and monitors the credit ratings of those institutions. The Company considers all highly liquid investments with an original maturity date of three months or less to be cash equivalents. While cash held by financial institutions may at times exceed federally insured limits, the Company believes that no material credit or market risk exposure exists due to the high quality of the institutions. The Company has not experienced any losses on such accounts. Gains and losses on highly liquid investments classified as cash equivalents are reported in other income in the consolidated statements of operations.
Restricted Cash	Restricted Cash The Company is required to maintain cash collateral at certain financial institutions. Additionally, amounts that are required to be held in an escrow account, which, subject to certain conditions, are available to the Company under certain of its loan agreements. Accordingly, these balances contain restrictions as to their availability and usage and are classified as restricted cash in the condensed consolidated balance sheets. The reconciliation of cash and cash equivalents and restricted cash reported within the applicable balance sheet that sum to the total of the same such amounts shown in the condensed consolidated statements of cash flows is as follows: Successor Predecessor March 31, 2021 December 31, 2020 February 9, 2020 Cash and cash equivalents $ 86,977 $ 99,896 $ 33,333 Restricted cash 1,916 1,614 2,642 Restricted cash, long term 107,841 113,938 12,384 Total cash and cash equivalents and restricted cash $ 196,734 $ 215,448 $ 48,359	Restricted Cash The Company is required to maintain cash collateral at certain financial institutions. Additionally, amounts that are required to be held in an escrow account, which, subject to certain conditions, are available to the Company under the loan agreements. Accordingly, these balances contain restrictions as to their availability and usage and are classified as restricted cash in the consolidated balance sheets. The reconciliation of cash and cash equivalents and restricted cash reported within the applicable balance sheet that sum to the total of the same such amounts shown in the consolidated statements of cash flows is as follows: Successor Predecessor December 31, 2020 February 9, 2020 December 31, 2019 Cash and cash equivalents $ 99,896 $ 33,333 $ 62,892 Restricted cash 1,614 2,642 1,140 Restricted cash, long term 113,938 12,384 14,014 Total cash and cash equivalents and restricted cash $ 215,448 $ 48,359 $ 78,046
Fair Value Measurements	Fair Value Measurements The Company applies ASC Topic 820, Fair Value Measurement The carrying amounts reflected in the condensed consolidated balance sheets for cash and cash equivalents, restricted cash, trade receivables, prepaid expenses and other current assets, accounts payable and accrued expenses, and rent received in advance approximate fair value due to their short-term Level 1 — Assets and liabilities with unadjusted, quoted prices listed on active market exchanges. Inputs to the fair value measurement are observable inputs, such as quoted prices in active markets for identical assets or liabilities. Level 2 — Inputs to the fair value measurement are determined using prices for recently traded assets and liabilities with similar underlying terms, as well as direct or indirect observable inputs, such as interest rates and yield curves that are observable at commonly quoted intervals. Level 3 — Inputs to the fair value measurement are unobservable inputs, such as estimates, assumptions, and valuation techniques when little or no market data exists for the assets or liabilities.	Fair Value Measurements The Company applies ASC Topic 820, Fair Value Measurement The carrying amounts reflected in the consolidated balance sheets for cash and cash equivalents, restricted cash, trade receivables, prepaid expenses and other current assets, accounts payable and accrued expenses, and rent received in advance approximate fair value due to their short-term Level 1 — Assets and liabilities with unadjusted, quoted prices listed on active market exchanges. Inputs to the fair value measurement are observable inputs, such as quoted prices in active markets for identical assets or liabilities. Level 2 — Inputs to the fair value measurement are determined using prices for recently traded assets and liabilities with similar underlying terms, as well as direct or indirect observable inputs, such as interest rates and yield curves that are observable at commonly quoted intervals. Level 3 — Inputs to the fair value measurement are unobservable inputs, such as estimates, assumptions, and valuation techniques when little or no market data exists for the assets or liabilities.
Trade Receivables, Net	Trade Receivables, Net Trade receivables are recorded at the invoiced amount and are generally unsecured as they are uncollateralized. The Company provides an allowance for doubtful accounts to reduce receivables to their estimated net realizable value. Judgement is exercised in establishing allowances and estimates are based on the tenants’ payment history and liquidity. Any amounts that were previously recognized as revenue and subsequently determined to be uncollectible are charged to bad debt expense included in selling, general and administrative expense in the accompanying condensed consolidated statements of operations. The allowance for doubtful accounts was $769 and $837 at March 31, 2021 and December 31, 2020, respectively.	Trade Receivables, Net Trade receivables are recorded at the invoiced amount and are generally unsecured as they are uncollateralized. The Company provides an allowance for doubtful accounts to reduce receivables to their estimated net realizable value. Judgement is exercised in establishing allowances and estimates are based on the tenants’ payment history and liquidity. Any amounts that were previously recognized as revenue and subsequently determined to be uncollectible are charged to bad debt expense included in selling, general and administrative expense in the accompanying consolidated statements of operations. The balances of and changes in the allowance for doubtful accounts are as follows: Successor Predecessor Period from February 10, 2020 to December 31, 2020 Period from January 1, 2020 to February 9, 2020 Year ended December 31, 2019 Beginning balance $ 509 $ 491 $ — Allowance for doubtful accounts 323 26 761 Write-offs, net (17 ) — — Foreign currency translation 22 (8 ) (270 ) Ending balance $ 837 $ 509 $ 491
Real Property Interests	Real Property Interests The Company’s core business is to contract for the purchase of telecom real property interests and contractual rights, typically as leasehold interests or fee simple interests, either through an up-front right-of-use Leases On January 1, 2019, the Predecessor adopted the guidance in ASC 842 using the modified retrospective method applied to lease arrangements that were in place on the transition date. The Predecessor elected certain available practical expedients which permit the adopter to not reassess certain items upon adoption, including: (i) whether any existing contracts are or contain leases, (ii) the classification of existing leases, (iii) initial direct costs for existing leases and (iv) short-term leases, which permits an adopter to not apply the lease standard to leases with a remaining maturity of one year or less and applied the new lease accounting standard to all leases, including short-term leases. The Predecessor also elected the practical expedient related to easements, which permits carryforward accounting treatment for land easements (included in Telecom real property interests, net in the condensed consolidated balance sheets) on existing agreements. Under ASC 842, the Company determines if an arrangement, including leasehold interest arrangements, is a lease at the inception of the agreement. The Company considers an arrangement to be a lease if it conveys the right to control the use of the asset for a specific period of time in exchange for consideration. ASC 842 requires the Company to recognize a right-of-use For each arrangement determined to be a lease, the Company records a lease liability at the present value of the arrangement’s remaining contractually-required payments and a right-of-use right-of-use	Real Property Interests The Company’s core business is to contract for the purchase of leasehold interests either through an up-front right-of-use Leases On January 1, 2019, the Predecessor adopted the guidance in ASC 842 using the modified retrospective method applied to lease arrangements that were in place on the transition date. The Predecessor elected certain available practical expedients which permit the adopter to not reassess certain items upon adoption, including: (i) whether any existing contracts are or contain leases, (ii) the classification of existing leases, (iii) initial direct costs for existing leases and (iv) short-term leases, which permits an adopter to not apply the lease standard to leases with a remaining maturity of one year or less and applied the new lease accounting standard to all leases, including short-term leases. The Predecessor also elected the practical expedient related to easements, which permits carryforward accounting treatment for land easements (included in cell site leasehold interests in the consolidated balance sheets) on existing agreements. Under ASC 842, the Company determines if an arrangement, including leasehold interest arrangements, is a lease at the inception of the agreement. The Company considers an arrangement to be a lease if it conveys the right to control the use of the asset for a specific period of time in exchange for consideration. ASC 842 requires the Company to recognize a right-of-use For each arrangement determined to be a lease, the Company records a lease liability at the present value of the arrangement’s remaining contractually-required payments and a right-of-use right-of-use
Operating Leases	Operating Leases Rights and obligations are primarily related to operating leases for office space. At lease commencement, the Company records a liability and a corresponding right-of-use	Operating Leases Rights and obligations are primarily related to operating leases for office space. At lease commencement, the Company records a liability and a corresponding right-of-use
Property and Equipment	Property and Equipment Property and equipment, which primarily consists of computer hardware and software, office furniture and tenant improvements, are stated at cost, less accumulated depreciation. Additions and improvements that extend the economic useful life of the asset are capitalized and depreciated over the remaining useful lives of the assets. The cost and accumulated depreciation of assets sold or retired are removed from the respective accounts, and any resulting gain or loss is reflected in the condensed consolidated statement of operations. Depreciation is recognized using the straight-line	Property and Equipment Property and equipment, which primarily consists of computer hardware and software, office furniture and tenant improvements, are stated at cost, less accumulated depreciation. Additions and improvements that extend the economic useful life of the asset are capitalized and depreciated over the remaining useful lives of the assets. The cost and accumulated depreciation of assets sold or retired are removed from the respective accounts, and any resulting gain or loss is reflected in the consolidated statement of operations. Depreciation is recognized using the straight-line
Long-Lived Assets, Including Definite-Lived Intangible Assets	Long-Lived Assets, Including Definite-Lived Intangible Assets The Company’s primary long-lived assets include real property interests and intangible assets. Intangible assets recorded for in-place in-place	Long-Lived Assets, Including Definite-Lived Intangible Assets The Company’s primary long-lived assets include real property interests and intangible assets. Intangible assets recorded for in-place in-place
Goodwill	Goodwill Goodwill, which represents the excess of purchase price over the fair value of net assets acquired, is carried at cost in a transaction accounted for as a business combination in accordance with ASC 805. Goodwill is not amortized; rather, it is subject to a periodic assessment for impairment by applying a fair value based test. The Company is organized in one reporting unit and evaluates the goodwill for the Company as a whole. Goodwill is assessed for impairment on an annual basis as of November 30th of each year or more frequently if events or changes in circumstances indicate that the asset might be impaired. Under the authoritative guidance issued by the FASB, the Company has the option to first assess the qualitative factors to determine whether it is more likely than not that the fair value of the reporting unit is less than its carrying amount as a basis for determining whether it is necessary to perform a quantitative goodwill impairment test. If the Company determines that it is more likely than not that the fair value of a reporting unit is less than its carrying amount, then the goodwill impairment test is performed. The goodwill impairment test requires the Company to estimate the fair value of the reporting unit and to compare the fair value of the reporting unit with its carrying amount. If the fair value exceeds the carrying amount, then no impairment is recognized. If the carrying amount recorded exceeds the fair value calculated, then an impairment charge is recognized for the difference. There was no impairment of goodwill for the three months ended March 31, 2021.	Goodwill Goodwill, which represents the excess of purchase price over the fair value of net assets acquired, is carried at cost in a transaction accounted for as a business combination in accordance with ASC 805. Goodwill is not amortized; rather, it is subject to a periodic assessment for impairment by applying a fair value based test. The Company is organized in one reporting unit and evaluates the goodwill for the Company as a whole. Goodwill is assessed for impairment on an annual basis as of November 30th of each year or more frequently if events or changes in circumstances indicate that the asset might be impaired. Under the authoritative guidance issued by the FASB, the Company has the option to first assess the qualitative factors to determine whether it is more likely than not that the fair value of the reporting unit is less than its carrying amount as a basis for determining whether it is necessary to perform a quantitative goodwill impairment test. If the Company determines that it is more likely than not that the fair value of a reporting unit is less than its carrying amount, then the goodwill impairment test is performed. The goodwill impairment test requires the Company to estimate the fair value of the reporting unit and to compare the fair value of the reporting unit with its carrying amount. If the fair value exceeds the carrying amount, then no impairment is recognized. If the carrying amount recorded exceeds the fair value calculated, then an impairment charge is recognized for the difference. There was no impairment of goodwill for the period from February 10, 2020 to December 31, 2020 (Successor).
Revenue Recognition	Revenue Recognition The Company receives rental payments from in-place Rent received in advance is recorded when the Company receives advance rental payments from the in-place	Revenue Recognition The Company receives rental payments from in-place Rent received in advance is recorded when the Company receives advance rental payments from the in-place
Income Taxes	Income Taxes Income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates in effect for the year in which those temporary differences are expected to be recovered or settled. The Company reduces the carrying amounts of deferred tax assets by a valuation allowance if, based on the available evidence, it is more likely than not that such assets will not be realized. The need to establish valuation allowances for deferred tax assets is assessed quarterly. In assessing the requirement for, and amount of, a valuation allowance in accordance with the more likely than not standard for all periods, the Company considers all positive and negative evidence related to the realization of the deferred tax assets. This assessment considers, among other matters, the nature and severity of current and cumulative losses, forecasts of future profitability, the duration of statutory carryforward periods, and tax planning alternatives. A history of cumulative losses is a significant piece of negative evidence used in the assessment. If a history of cumulative losses is incurred for a tax jurisdiction, forecasts of future profitability are not used as positive evidence related to the realization of the deferred tax assets in the assessment. For periods after the consummation of the Transaction, the Company is subject to U.S. federal and state income taxes. Additionally, AP WIP Investments files income tax returns in the various state and foreign jurisdictions in which it operates. AP WIP Investments’ tax returns are subject to tax examinations by foreign tax authorities until the expiration of the respective statutes of limitation. AP WIP Investments currently has no tax years under examination. The Company recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. Changes in recognition or measurement are reflected in the period in which the change in judgment occurs. The Company records interest related to unrecognized tax benefit obligations and penalties as a component of income tax expense in the accompanying condensed consolidated statements of operations.	Income Taxes Income taxes are accounted for under the asset and liability method. Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates in effect for the year in which those temporary differences are expected to be recovered or settled. The Company reduces the carrying amounts of deferred tax assets by a valuation allowance if, based on the available evidence, it is more likely than not that such assets will not be realized. The need to establish valuation allowances for deferred tax assets is assessed quarterly. In assessing the requirement for, and amount of, a valuation allowance in accordance with the more likely than not standard for all periods, the Company considers all positive and negative evidence related to the realization of the deferred tax assets. This assessment considers, among other matters, the nature and severity of current and cumulative losses, forecasts of future profitability, the duration of statutory carryforward periods, and tax planning alternatives. A history of cumulative losses is a significant piece of negative evidence used in the assessment. If a history of cumulative losses is incurred for a tax jurisdiction, forecasts of future profitability are not used as positive evidence related to the realization of the deferred tax assets in the assessment. For periods after the consummation of the Transaction, the Company is subject to U.S. federal and state income taxes. Additionally, AP WIP Investments files income tax returns in the various state and foreign jurisdictions in which it operates. AP WIP Investments’ tax returns are subject to tax examinations by foreign tax authorities until the expiration of the respective statutes of limitation. AP WIP Investments currently has no tax years under examination. The Company recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. Changes in recognition or measurement are reflected in the period in which the change in judgment occurs. The Company records interest related to unrecognized tax benefits and penalties as a component of income tax expense in the accompanying consolidated statements of operations.
Share-based compensation	Share-based compensation The Company expenses share-based compensation over the requisite service period of the awards (usually the vesting period) based on the grant date fair value of awards. For share-based compensation awards with performance-based milestones, the expense is recorded over the service period after the achievement of the milestone is probable or the performance condition is achieved. An offsetting increase to stockholders’ equity is recognized equal to the amount of the compensation expense charge. The Company recognizes forfeitures as they occur as a reduction of share-based compensation expense in the condensed consolidated statement of operations.	Share-based compensation The Company expenses share-based compensation over the requisite service period of the awards (usually the vesting period) based on the grant date fair value of awards. For share-based compensation awards with performance-based milestones, the expense is recorded over the service period after the achievement of the milestone is probable or the performance condition is achieved. An offsetting increase to stockholders’ equity is recognized equal to the amount of the compensation expense charge. The Company recognizes forfeitures as they occur as a reduction of share-based compensation expense in the consolidated statement of operations.
Warrants		Warrants The Company has warrants that were issued with its Ordinary Shares and Series A Founder Preferred Shares that were determined to be equity classified in accordance with ASC Topic 815, Derivatives and Hedging non-founder Compensation – Stock Compensation paid-in
Basic and Diluted Earnings (Loss) per Common Share	Basic and Diluted Earnings (Loss) per Common Share Basic earnings (loss) per common share excludes dilution and is computed by dividing net income (loss) attributable to common shares by the weighted average number of common shares outstanding during the period. The Company has determined that its Series A Founder Preferred Stock (as defined in Note 11) are participating securities as the Series A Founder Preferred Stock participate in undistributed earnings on an as-if-converted two-class Diluted earnings per common share reflects the potential dilution that would occur if securities were exercised or converted into common shares. The Company’s dilutive securities include Series A Founder Preferred Stock, Warrants, stock options, and restricted shares. To calculate the number of shares for diluted earnings per common share, the effect of the participating preferred stock is computed using the as-if-converted	Basic and Diluted Earnings per Common Share Basic earnings (loss) per common share excludes dilution and is computed by dividing net income (loss) attributable to common shares by the weighted average number of common shares outstanding during the period. The Company has determined that its Series A Founder Preferred Shares are participating securities as the Series A Founder Preferred Shares participate in undistributed earnings on an as-if-converted two-class Diluted earnings per common share reflects the potential dilution that would occur if securities were exercised or converted into common shares. The Company’s dilutive securities include Series A Founder Preferred Shares, warrants, stock options, and restricted shares. To calculate the number of shares for diluted earnings per common share, the effect of the participating preferred shares is computed using the as-if-converted Because the Company’s shares of Class B common stock (the “Class B Shares”) and shares of preferred stock, designated as Series B Founder Preferred Stock (the “Series B Founder Preferred Shares”) do not confer upon the holder a right to receive distributions, neither share class is included in the Company’s computation of basic or diluted earnings (loss) per common share.
Segment Reporting	Segment Reporting The Company operates in one reportable segment which focuses on aggregating rental streams underlying wireless and other digital infrastructure sites through the acquisition of telecom real property interests and contractual rights. The Company’s business offerings have similar economic and other characteristics, including the types of customers, distribution methods and regulatory environment. The chief operating decision maker of the Company reviews investment specific data to make resource allocation decisions and assesses performance by review of profit and loss information on a consolidated basis. The condensed consolidated financial statements reflect the financial results of the Company’s one reportable segment.	Segment Reporting The Company operates in one reportable segment which focuses on leasing cell sites to companies that own and operate cellular communication towers and other infrastructure. The Company’s business offerings have similar economic and other characteristics, including the types of customers, distribution methods and regulatory environment. The chief operating decision maker of the Company reviews investment specific data to make resource allocation decisions and assesses performance by review of profit and loss information on a consolidated basis. The consolidated financial statements reflect the financial results of the Company’s one reportable segment.
Foreign Currency	Foreign Currency The Company’s reporting currency is the U.S. dollar. Typically, the functional currency of each of the Company’s foreign operating subsidiaries is the respective local currency. Foreign currency transactions are translated into the functional currency using the exchange rates prevailing at the dates of the transactions. Foreign currency assets and liabilities are translated into the reporting currency using the exchange rate prevailing at the balance sheet date, while revenue and expenses are translated at the average exchange rates during the period. Foreign exchange gains and losses arising from translation are included in accumulated other comprehensive income (loss) in the condensed consolidated balance sheet.	Foreign Currency The Company’s reporting currency is the U.S. dollar. Typically, the functional currency of each of the Company’s foreign operating subsidiaries is the respective local currency. Foreign currency transactions are translated into the functional currency using the exchange rates prevailing at the dates of the transactions. Foreign currency assets and liabilities are translated into the reporting currency using the exchange rate prevailing at the balance sheet date, while revenue and expenses are translated at the average exchange rates during the period. Foreign exchange gains and losses arising from translation are included in accumulated other comprehensive income in the consolidated balance sheet.
Recent Accounting Pronouncements	Recent Accounting Pronouncements Accounting Pronouncements Recently Adopted In December 2019, the Financial Accounting Standards Board issued Accounting Standards Update (“ASU”) No. 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes	Recent Accounting Pronouncements Accounting Pronouncements Recently Adopted In June 2016, the FASB issued guidance that modifies how entities measure credit losses on most financial instruments. The new guidance replaces the current “incurred loss” model with an “expected credit loss” model that requires consideration of a broader range of information to estimate expected credit losses over the lifetime of the asset. Effective January 1, 2020, the Company adopted the new guidance and the Company noted that operating lease receivables are not within the scope of this guidance. As such, there was no cumulative-effect adjustment to the consolidated balance sheet as of the effective date. The adoption of this guidance did not have an impact on the Company’s consolidated financial statements. In January 2017, the FASB issued Accounting Standard Update (“ASU”) No. 2017-04, Intangibles—Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment In April 2019, the FASB issued ASU No. 2019-04, Codification Improvements to Topic 326, Financial Instruments—Credit Losses, Topic 815, Derivatives and Hedging, and Topic 825, Financial Instruments In March 2020, the FASB issued ASU No. 2020-03, Codification Improvements to Financial Instruments line-of-credit 860-20). In April 2020, the FASB issued a question-and-answer Lease Modification Q&A COVID-19 lease-by-lease COVID-19 Accounting Pronouncements Not Yet Adopted In December 2019, the FASB issued ASU No. 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes No. 2019-12

Basis of Presentation and Sum_3

Basis of Presentation and Summary of Significant Accounting Policies (Tables)	3 Months Ended	12 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Accounting Policies [Abstract]
Reconciliation of Cash and Cash Equivalents and Restricted Cash	The reconciliation of cash and cash equivalents and restricted cash reported within the applicable balance sheet that sum to the total of the same such amounts shown in the condensed consolidated statements of cash flows is as follows: Successor Predecessor March 31, 2021 December 31, 2020 February 9, 2020 Cash and cash equivalents $ 86,977 $ 99,896 $ 33,333 Restricted cash 1,916 1,614 2,642 Restricted cash, long term 107,841 113,938 12,384 Total cash and cash equivalents and restricted cash $ 196,734 $ 215,448 $ 48,359	The reconciliation of cash and cash equivalents and restricted cash reported within the applicable balance sheet that sum to the total of the same such amounts shown in the consolidated statements of cash flows is as follows: Successor Predecessor December 31, 2020 February 9, 2020 December 31, 2019 Cash and cash equivalents $ 99,896 $ 33,333 $ 62,892 Restricted cash 1,614 2,642 1,140 Restricted cash, long term 113,938 12,384 14,014 Total cash and cash equivalents and restricted cash $ 215,448 $ 48,359 $ 78,046
Schedule of Balances and Changes in Allowance for Doubtful Accounts		The balances of and changes in the allowance for doubtful accounts are as follows: Successor Predecessor Period from February 10, 2020 to December 31, 2020 Period from January 1, 2020 to February 9, 2020 Year ended December 31, 2019 Beginning balance $ 509 $ 491 $ — Allowance for doubtful accounts 323 26 761 Write-offs, net (17 ) — — Foreign currency translation 22 (8 ) (270 ) Ending balance $ 837 $ 509 $ 491

Business Combination (Tables)

Business Combination (Tables)	3 Months Ended	12 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Business Combinations [Abstract]
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: Cash and restricted cash $ 48,359 Trade receivables 8,077 Prepaid expenses and other assets 34,970 Real property interests 901,290 Intangible assets 5,400 Accounts payable and other liabilities (22,654 ) Rent received in advance (15,837 ) Real property interest liabilities (33,398 ) Deferred income tax liability (45,100 ) Long-term debt (570,759 ) Net identifiable assets acquired 310,348 Goodwill 80,509 Total acquisition consideration $ 390,857	The excess of the acquisition consideration over the fair value of the assets acquired and liabilities assumed was recorded as goodwill. The following is a summary of the estimated fair values of the assets acquired and liabilities assumed: Cash and restricted cash $ 48,359 Trade receivables 8,077 Prepaid expenses and other assets 34,970 Real property interests 901,290 Intangible assets 5,400 Accounts payable and other liabilities (22,654 ) Rent received in advance (15,837 ) Real property interest liabilities (33,398 ) Deferred income tax liability (45,100 ) Long-term debt (570,759 ) Net identifiable assets acquired 310,348 Goodwill 80,509 Total acquisition consideration $ 390,857
Schedule of Unaudited Pro Forma Combined Financial Information	The unaudited pro forma consolidated financial information has been prepared using the acquisition method of accounting in accordance with GAAP (unaudited): Three Months Ended March 31, 2020 Revenue $ 15,591 Net loss $ (7,196 )	The unaudited pro forma consolidated financial information has been prepared using the acquisition method of accounting in accordance with GAAP (unaudited): Year Ended December 31, 2020 2019 Revenue $ 69,759 $ 55,706 Net loss $ (120,457 ) $ (82,141 )

Real Property Interests (Tables

Real Property Interests (Tables)	3 Months Ended	12 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Leases [Abstract]
Summary of Real Property Interests, Net	Real property interests, net consisted of the following: March 31, 2021 December 31, 2020 Right-of-use (1) $ 264,615 $ 244,885 Telecom real property interests (2) 959,208 886,679 1,223,823 1,131,564 Less accumulated amortization: Right-of-use (9,305 ) (7,023 ) Telecom real property interests (45,888 ) (35,150 ) Real property interests, net $ 1,168,630 $ 1,089,391 (1) Effective with the adoption of ASC 842, telecom real property interests qualifying as leases are recorded as finance leases. (2) Includes telecom real property interests acquired prior to the adoption of ASC 842 and fee simple interest arrangements.	Real property interests, net consisted of the following: Successor Predecessor December 31, 2020 December 31, 2019 Right-of-use (1) $ 244,885 $ 81,733 Cell site leasehold interests (2) 886,679 468,969 1,131,564 550,702 Less accumulated amortization: Right-of-use (7,023 ) (1,235 ) Cell site leasehold interests (35,150 ) (122,307 ) Real property interests, net $ 1,089,391 $ 427,160 (1) Effective with the adoption of ASC 842, cell site leasehold interests qualifying as leases are recorded as finance leases. (2) Includes cell site leasehold interests acquired prior to the adoption of ASC 842 and fee simple interest arrangements.
Summary of Finance Lease Expense and Interest Expense Associated with Lease Liability in Condensed Statement of Operations	The Company recorded finance lease expense and interest expense associated with the lease liability in the condensed consolidated statements of operations as follows: Successor Predecessor Three months ended March 31, 2021 Period from February 10, 2020 to March 31, 2020 Period from January 1, 2020 to February 9, 2020 Finance lease expense $ 2,391 $ 775 $ 425 Interest expense – lease liability $ 185 $ 126 $ 95	The Company recorded finance lease expense and interest expense associated with the lease liability in the consolidated statements of operations as follows: Successor Predecessor Period from February 10, 2020 to December 31, 2020 Period from January 1, 2020 to February 9, 2020 Year ended December 31, 2019 Finance lease expense $ 6,922 $ 425 $ 1,235 Interest expense—lease liability $ 518 $ 95 $ 504
Schedule of Supplemental Cash Flow Information Related to Finance Leases	Supplemental cash flow information related to finance leases for the respective periods was as follows: Successor Predecessor Three months ended March 31, 2021 Period from February 10, 2020 to March 31, 2020 Period from January 1 to February 9, 2020 Cash paid for amounts included in the measurement of finance lease liabilities: Operating cash flows from finance leases $ 62 $ 8 $ 37 Financing cash flows from finance leases $ 2,632 $ 347 $ 845 Finance lease liabilities arising from obtaining right-of-use $ 3,659 $ 3,624 $ 1,346	Supplemental cash flow information for the respective periods was as follows: Successor Predecessor Period from February 10 to December 31, 2020 Period from January 1 to February 9, 2020 Year ended December 31, 2019 Cash paid for amounts included in the measurement of finance lease liabilities: Operating cash flows from finance leases $ 134 $ 37 $ 38 Financing cash flows from finance leases $ 6,044 $ 845 $ 1,255 Finance lease liabilities arising from obtaining right-of-use $ 19,312 $ 1,346 $ 16,989
Schedule of Maturity of Finance Lease Liabilities and Telecom Real Property Interest Liabilities	Maturities of finance lease liabilities and telecom real property interest liabilities as of March 31, 2021 were as follows: Finance Lease Telecom Real Interest Remainder of 2021 $ 7,955 $ 4,231 2022 8,342 2,973 2023 7,892 8,752 2024 4,647 665 2025 2,884 233 Thereafter 4,004 348 Total lease payments 35,724 17,202 Less amounts representing future interest (2,308 ) (668 ) Total liability 33,416 16,534 Less current portion (10,420 ) (5,011 ) Non-current $ 22,996 $ 11,523	Maturities of finance lease liabilities and cell site leasehold interest liabilities as of December 31, 2020 (Successor) were as follows: Finance Lease Cell Site Leasehold Interest 2021 $ 10,042 $ 5,820 2022 7,796 3,095 2023 7,644 8,384 2024 4,398 424 2025 2,701 234 Thereafter 3,432 347 Total lease payments 36,013 18,304 Less amounts representing future interest (2,168 ) (742 ) Total liability 33,845 17,562 Less current portion (9,920 ) (5,749 ) Non-current $ 23,925 $ 11,813

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	3 Months Ended	12 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Schedule of Amortization Expense To Be Recognized for Each of Succeeding Five Years	As of March 31, 2021, the intangible asset amortization expense to be recognized for each of the succeeding five years was as follows: Remainder of 2021 $ 868 2022 895 2023 749 2024 628 2025 527 Thereafter 2,626 $6,293	As of December 31, 2020 (Successor), the intangible asset amortization expense to be recognized for each of the succeeding five years was as follows: 2021 $ 1,087 2022 805 2023 671 2024 564 2025 466 Thereafter 2,287 $5,880
Schedule of Changes in the Carrying Amount of Goodwill		The changes in the carrying amount of goodwill for the period from February 10, 2020 to December 31, 2020 (Successor), is summarized as follows: Balance as of February 10, 2020 $ — Addition—APW Acquisition 80,509 Goodwill as of December 31, 2020 (Successor) $ 80,509
Schedule of Intangible Assets Subject to Amortization	Intangible assets subject to amortization consisted of the following: March 31, 2021 December 31, 2020 In-place Gross carrying amount $ 7,779 $ 7,092 Less accumulated amortization: (1,486 ) (1,212 ) Intangible assets, net $ 6,293 $ 5,880	Intangible assets subject to amortization consisted of the following: Successor Predecessor December 31, 2020 December 31, 2019 In-place Gross carrying amount $ 7,092 $ 5,073 Less accumulated amortization: (1,212 ) (2,225 ) Intangible assets, net $ 5,880 $ 2,848
Cell Site Leasehold Interests
Schedule of Amortization Expense To Be Recognized for Each of Succeeding Five Years		As of December 31, 2020 (Successor), amortization expense to be recognized for each of the succeeding five years was as follows: 2021 $ 44,217 2022 44,076 2023 44,006 2024 44,006 2025 43,986 Thereafter 631,238 $851,529
Telecom Real Property Interests
Schedule of Amortization Expense To Be Recognized for Each of Succeeding Five Years	As of March 31, 2021, amortization expense to be recognized for each of the succeeding five years was as follows: Remainder of 2021 $ 35,553 2022 46,921 2023 46,850 2024 46,850 2025 46,831 Thereafter 690,315 $913,320

Tenant Lease Rental Payments (T

Tenant Lease Rental Payments (Tables)	3 Months Ended	12 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Leases [Abstract]
Schedule of Future Minimum Amounts Due from Tenants under Leases	As of March 31, 2021, the future minimum amounts due from tenants under leases, including cancellable leases in which the tenant is economically compelled to extend the lease term, were as follows: Remainder of 2021 $ 61,550 2022 73,565 2023 59,812 2024 46,663 2025 22,035	As of December 31, 2020 (Successor), the future minimum amounts due from tenants under leases, including cancellable leases in which the tenant is economically compelled to extend the lease term, were as follows: 2021 $ 73,168 2022 60,022 2023 45,523 2024 32,968 2025 12,648 $ 224,329

Operating Leases (Tables)

Operating Leases (Tables)	3 Months Ended	12 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Leases [Abstract]
Summary of Maturities of Operating Lease Liabilities	Maturities of operating lease liabilities as of March 31, 2021 were as follows: Operating Leases Remainder of 2021 $ 1,152 2022 1,057 2023 803 2024 782 2025 568 Thereafter 115 Total lease payments 4,477 Less amounts representing future interest (451 ) Total liability 4,026 Less current portion (1,247 ) Non-current $ 2,779	Maturities of operating lease liabilities as of December 31, 2020 (Successor) were as follows: Operating Leases 2021 $ 1,529 2022 1,034 2023 784 2024 763 2025 548 Thereafter 103 Total lease payments 4,761 Less amounts representing future interest (485 ) Total liability 4,276 Less current portion (1,354 ) Non-current $ 2,922

Accounts Payable and Accrued _2

Accounts Payable and Accrued Expenses (Tables)	3 Months Ended	12 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Payables and Accruals [Abstract]
Schedule of Accounts Payable and Accrued Expenses	Accounts payable and accrued expenses consisted of the following: March 31, 2021 December 31, 2020 Interest payable $ 5,698 $ 4,887 Accrued liabilities 8,177 4,799 Taxes payable 8,810 7,799 Payroll and related withholdings 5,256 7,043 Accounts payable 1,778 718 Professional fees accrued 2,662 3,234 Current portion of operating lease liabilities 1,247 1,354 Other 1,026 1,020 Total accounts payable and accrued expenses $ 34,654 $ 30,854	Accounts payable and accrued expenses consisted of the following: Successor Predecessor December 31, 2020 December 31, 2019 Interest payable $ 4,887 $ 3,807 Accrued liabilities 4,799 3,279 Taxes payable 7,799 6,319 Payroll and related withholdings 7,043 4,510 Accounts payable 718 1,658 Professional fees accrued 3,234 1,580 Current portion of operating lease liabilities 1,354 824 Other 1,020 809 Total accounts payable and accrued expenses $ 30,854 $ 22,786

Debt (Tables)

Debt (Tables)	3 Months Ended	12 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Debt Disclosure [Abstract]
Schedule of Long-term Debt, Net of Unamortized Debt Discount and Deferred Financing Costs	Long-term debt, net of unamortized debt discount and deferred financing costs, consisted of the following: March 31, 2021 December 31, 2020 DWIP Agreement $ 102,600 $ 102,600 Facility Agreement 539,166 547,677 Subscription Agreement 172,254 85,112 Other debt 2,834 2,960 Less: unamortized debt discount and financing fees (11,522 ) (9,876 ) Debt, carrying amount $ 805,332 $ 728,473	Long-term debt, net of unamortized debt discount and deferred financing costs, consisted of the following: Successor Predecessor December 31, 2020 December 31, 2019 DWIP Agreement $ 102,600 $ 102,600 Facility Agreement 547,677 359,764 DWIP II Loan — 49,250 Subscription Agreement 85,112 76,567 Other debt 2,960 Less: unamortized debt discount and financing fees (9,876 ) (15,250 ) Debt, carrying amount $ 728,473 $ 572,931

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Summary of Income Tax Expense	Income tax expense consisted of the following: Successor Predecessor Period from February 10 to December 31, 2020 Period from January 1 to February 9, 2020 Year ended December 31, 2019 Current: Foreign $ 3,787 $ 424 $ 3,039 Federal — — — Deferred: Foreign (962 ) 343 (571 ) Federal — — — Income tax expense $ 2,825 $ 767 $ 2,468
Summary of Income (Loss) Before Income Tax Expense	Income (loss) before income tax expense by geographic area was as follows: Successor Predecessor Period from February 10 to December 31, 2020 Period from January 1 to February 9, 2020 Year ended December 31, 2019 Domestic $ (176,706 ) $ 8,019 $ (30,067 ) Foreign (12,411 ) (1,075 ) (11,910 ) Income (loss) before income tax expense $ (189,117 ) $ 6,944 $ (41,977 )
Summary of Reconciliation of Income Tax Expense Computed at Statutory Rates	A reconciliation of the income tax expense computed at statutory rates was as follows: Successor Predecessor Period from February 10 to December 31, 2020 Period from January 1 to February 9, 2020 Year ended December 31, 2019 Statutory tax rate 21 % 21 % 21 % Income (loss) before income taxes $ (189,117 ) $ 6,944 $ (41,977 ) Expected income tax expense (benefit) (39,715 ) 1,458 (8,815 ) Increase (decrease) income tax expense resulting from: Foreign earnings subject to different tax rates (1,025 ) (98 ) 703 Valuation allowance 22,549 739 712 Share-based compensation 14,668 — — Non-taxable 1,789 (1,581 ) 7,317 Uncertain tax position 592 — 319 Non-deductible 3,053 249 2,232 Tax law change 2,414 — — State taxes (1,205 ) — — Other (295 ) — — Income tax expense $ 2,825 $ 767 $ 2,468
Schedule of Deferred Income Tax Assets and Liabilities After Applying Enacted Statutory Tax Rates	The significant components of deferred income tax assets and liabilities were as follows: Successor Predecessor December 31, 2020 December 31, 2019 Deferred income tax assets: Operating losses carried forward $ 24,140 $ 14,063 Amortization — 5,371 Depreciation 627 522 Investment in partnership 11,770 — Other 214 12 Deferred income tax assets 36,751 19,968 Valuation allowance (27,105 ) (18,977 ) Deferred income tax assets, net of valuation allowance 9,646 991 Deferred income tax liabilities: Amortization (65,610 ) — Deferred income tax liabilities (65,610 ) — Net deferred income tax asset (liability) $ (55,964 ) $ 991
Schedule of Reconciliation of Activity Related to Unrecognized Income Tax Benefits	A reconciliation of the activity related to unrecognized income tax benefits follows: Successor Predecessor Period from February 10 to December 31, 2020 Period from January 1 to February 9, 2020 Year ended December 31, 2019 Beginning balance $ 3,879 $ 3,879 $ 3,560 Increases related to prior-year tax positions 1,946 — — Increases related to current-year tax positions — — 319 Ending balance $ 5,825 $ 3,879 $ 3,879

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	3 Months Ended	12 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Stockholders' Equity Note [Abstract]
Summary of Assumptions Used Calculating Issuance Date Fair Value	The following assumptions were used when calculating the issuance date fair value: Number of securities issued 1,600,000 Ordinary Share price upon initial public offering $ 10.00 Founder Preferred Share price $ 10.00 Probability of winding-up 16.7 % Probability of an acquisition 83.3 % Time to an acquisition 1.5 years Volatility (post-acquisition) 38.68 % Risk free interest rate 2.26 %	The following assumptions were used when calculating the issuance date fair value: Number of securities issued 1,600,000 Ordinary Share price upon initial public offering $ 10.00 Founder Preferred Share price $ 10.00 Probability of winding-up 16.7 % Probability of an acquisition 83.3 % Time to an acquisition 1.5 years Volatility (post-acquisition) 38.68 % Risk free interest rate 2.26 %

Share-Based Compensation (Table

Share-Based Compensation (Tables)	3 Months Ended	12 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Summary of Changes in Long Term Incentive Plan Units	A summary of the changes in the LTIP Units for the three months ended March 31, 2021 is presented below: Series A Series B Outstanding at December 31, 2020 5,400,000 1,386,033 Granted — — Exercised — — Outstanding at March 31, 2021 5,400,000 1,386,033 Exercisable at March 31, 2021 855,504 372,358	A summary of the Company’s LTIP Units as of December 31, 2020, and changes during the period ended February 10, 2020 to December 31, 2020 (Successor) is presented below: Shares Weighted- Average Grant-Date Fair Value Nonvested at February 10, 2020 — $ — Series A LTIP Units: Granted 5,400,000 8.32 Series B LTIP Units: Granted 1,386,033 6.17 Nonvested at December 31, 2020 6,786,033 $ 7.88
Weighted Average Grant Date Fair Values for Long Term Incentive Plan Unit	The weighted-average grant date fair values for each LTIP unit and the assumptions used in the determinations thereof were as follows: Series A LTIP Units Series B LTIP Units Weighted-average grant date fair value $ 8.32 $ 6.17 Expected term 7.9 years 9.9 years Expected volatility 18.4 % 19.7 % Risk-free interest rate 1.5 % 1.6 %	The fair value of each LTIP Unit was measured as of its grant date using a Monte Carlo method which took into consideration different stock price paths and used the following assumptions: Series A LTIP Units Series B LTIP Units Expected term 7.9 years 9.9 years Expected volatility 18.4 % 19.7 % Risk-free interest rate 1.5 % 1.6 %
Summary of Changes in Nonvested Restricted Stock Awards	A summary of the changes in the Company’s nonvested restricted stock awards for the three months ended March 31, 2021 is presented below: Shares Weighted- Average Grant- Date Fair Value Nonvested at December 31, 2020 261,429 $ 8.92 Granted 48,492 $ 13.92 Vested (214,629 ) $ (9.16 ) Forfeited — — Nonvested at March 31, 2021 95,292 $ 10.93	A summary of the status of the Company’s restricted stock awards as of December 31, 2020, and changes during the period from February 10, 2020 to December 31, 2020 (Successor) is presented below: Shares Weighted- Average Grant- Date Fair Value Nonvested at February 10, 2020 — $ — Granted 283,492 9.01 Forfeited (22,063 ) 10.00 Nonvested at December 31, 2020 261,429 $ 8.92
Schedule of Changes in Number of Common Shares Underlying Options	The following table summarizes the changes in the number of common shares underlying options for the three months ended March 31, 2021: Shares Weighted- Average Exercise Price Outstanding at December 31, 2020 2,813,000 $ 7.84 Granted 546,500 $ 13.36 Exercised (2,600 ) $ 7.67 Forfeited (30,000 ) $ 7.67 Outstanding at March 31, 2021 3,326,900 $ 8.75 Exercisable at March 31, 2021 601,600 $ 8.45	The following table summarizes the changes in the number of common shares underlying options for the period of February 10, 2020 to December 31, 2020 (Successor): Shares Weighted- Average Exercise Price Aggregate Outstanding at February 10, 2020 125,000 $ 11.50 Granted 3,014,000 7.67 Forfeited (326,000 ) 7.67 Outstanding at December 31, 2020 2,813,000 $ 7.84 $ 14,080 Exercisable at December 31, 2020 125,000 $ 11.50 $ 169

Basic and Diluted Income (Los_2

Basic and Diluted Income (Loss) per Common Share (Tables)	3 Months Ended	12 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Earnings Per Share [Abstract]
Computation of Basic and Diluted Net Loss Per Common Share Using Two-class Method	The following table sets forth the computation of basic and diluted net loss per common share using the two-class Successor Three months ended March 31, 2021 Period from February 10, 2020 to March 31, 2020 Numerator: Net loss attributable to stockholders $ (7,579 ) $ (78,310 ) Stock dividend payment to holders of Series A Founder Preferred Stock (31,391 ) — Net loss attributable to common stockholders $ (38,970 ) $ (78,310 ) Denominator: Weighted average common shares outstanding—basic and diluted 59,479,707 58,425,000 Basic and diluted loss per common share $ (0.66 ) $ (1.34 )	The following table sets forth the computation of basic and diluted net loss per common share using the two-class Period from February 10, 2020 to December 31, 2020 Numerator: Net loss attributable to Radius Global Infrastructure, Inc. common shareholders $ (182,091 ) Adjustment for vested participating preferred stock — Net loss attributable to common shares $ (182,091 ) Denominator: Weighted average shares outstanding—basic and diluted 58,425,000 Basic and diluted loss per common share $ (3.12 )
Summary of Potentially Dilutive Securities Excluded From Computation of Diluted Weighted Average Shares Outstanding	The following potentially dilutive securities have been excluded from the computation of diluted weighted average shares outstanding as they would be anti-dilutive: Successor Three months ended March 31, 2021 Period from February 10, 2020 to March 31, 2020 Shares of Series A Founder Preferred Stock 1,600,000 1,600,000 Warrants 16,674,700 16,675,000 Stock options 3,326,900 125,000 Restricted stock 95,292 345,875 LTIP Units 6,786,033 6,786,033	The following potentially dilutive securities have been excluded from the computation of diluted weighted average shares outstanding as they would be anti-dilutive: Period from February 10, 2020 to December 31, 2020 Series A Founder Preferred Shares 1,600,000 Warrants 16,675,000 Stock options 2,813,000 Restricted stock 261,429 LTIP Units 6,786,033

Geographic Data and Concentra_2

Geographic Data and Concentration (Tables)	12 Months Ended
	Dec. 31, 2020
Geographic Data And Concentration Disclosures [Abstract]
Schedule of Revenues and Total Assets in Geographic Locations	The following tables summarizes the revenues and total assets of the Company and its Predecessor in different geographic locations (geographic summary is based on the billing addresses of the related in-place Successor Predecessor Period from February 10 to December 31, 2020 Period from January 1 to February 9, 2020 Year ended December 31, 2019 Revenue by Country: United States $ 14,880 $ 1,775 $ 15,820 United Kingdom 17,126 1,927 15,267 Other foreign countries 30,917 3,134 24,619 Total $ 62,923 $ 6,836 $ 55,706 Successor Predecessor December 31, 2020 December 31, 2019 Total Assets by Country: United States $ 561,992 $ 156,541 United Kingdom 269,394 125,126 Italy 197,659 38,485 Other foreign countries 399,185 212,657 Total $ 1,428,230 $ 532,809
Schedule of Revenue Concentration with In-Place Tenants	Although the Company monitors the creditworthiness of its customers, the loss, consolidation or financial instability of, or network sharing among, any of its customers may materially decrease revenue. Revenue concentration of the Company and its Predecessor was with the following in-place Successor Predecessor Period from February 10 to December 31, 2020 Period from January 1 to February 9, 2020 Year ended December 31, 2019 Revenue by Company: American Tower 13 % 13 % 13 % Other (less than 10% individually) 87 % 87 % 87 % Total 100 % 100 % 100 %

Organization - Additional Infor

Organization - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	Feb. 10, 2020	Jun. 30, 2019	Mar. 31, 2021	Dec. 31, 2020	Oct. 02, 2020	Dec. 31, 2019
Business Acquisition [Line Items]
Debt			$ 805,332	$ 728,473		$ 572,931
Class A Common Stock
Business Acquisition [Line Items]
Common stock, par value			$ 0.0001	$ 0.0001	$ 0.0001
Centerbridge Subscription Agreement | Landscape
Business Acquisition [Line Items]
Subscription agreement entered date	Nov. 20, 2019
Subscription agreement amended and supplemented date	Feb. 7, 2020
Ordinary Shares | Centerbridge Subscription Agreement | Landscape
Business Acquisition [Line Items]
Shares subscribed	$ 100,000
Common stock, par value	$ 10
AP Wireless
Business Acquisition [Line Items]
Date of acquisition	Feb. 10, 2020
Consideration paid	$ 860,000
Debt		$ 539,000
Redeem minority investor	65,000
Cash		$ 66,500
Allocable transaction expenses	$ 10,700
Percentage of interest acquired	100.00%
APW OpCo
Business Acquisition [Line Items]
Percentage of interest acquired	91.80%
APW OpCo | Landscape
Business Acquisition [Line Items]
Percentage of interest acquired	91.80%
APW OpCo | Noncontrolling Interest
Business Acquisition [Line Items]
Percentage of interest acquired	8.20%		8.20%	8.20%

Basis of Presentation and Sum_4

Basis of Presentation and Summary of Significant Accounting Policies - Reconciliation of Cash and Cash Equivalents and Restricted Cash (Detail) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020	Mar. 31, 2020	Feb. 09, 2020	Dec. 31, 2019	Dec. 31, 2018
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents [Abstract]
Cash and cash equivalents	$ 86,977	$ 99,896		$ 33,333	$ 62,892
Restricted cash	1,916	1,614		2,642	1,140
Restricted cash, long term	107,841	113,938		12,384	14,014
Total cash and cash equivalents and restricted cash				48,359	$ 78,046	$ 101,414
Total cash and cash equivalents and restricted cash	$ 196,734	$ 215,448	$ 262,395	$ 588,628

Basis of Presentation and Sum_5

Basis of Presentation and Summary of Significant Accounting Policies - Schedule of Balances and Changes in Allowance for Doubtful Accounts (Detail) - USD ($) $ in Thousands	1 Months Ended	2 Months Ended	3 Months Ended	11 Months Ended	12 Months Ended
	Feb. 09, 2020	Mar. 31, 2020	Mar. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Allowance For Doubtful Accounts Receivable Rollforward
Beginning balance	$ 491	$ 509	$ 837	$ 509
Allowance for doubtful accounts	26	$ 53	(45)	323	$ 761
Write-offs, net				(17)
Foreign currency translation	(8)			22	(270)
Ending balance	$ 509		$ 769	$ 837	$ 491

Basis of Presentation and Sum_6

Basis of Presentation and Summary of Significant Accounting Policies - Additional Information (Detail)	1 Months Ended	2 Months Ended	3 Months Ended	11 Months Ended	12 Months Ended
	Feb. 09, 2020USD ($)	Mar. 31, 2020USD ($)	Mar. 31, 2021USD ($)Segment	Dec. 31, 2020USD ($)Segment	Dec. 31, 2019USD ($)
Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Finance lease right of use asset, amortization period			25 years	25 years
Depreciation expense	$ 44,000	$ 53,000	$ 168,000	$ 388,000	$ 373,000
Accumulated depreciation				$ 1,810,000	1,423,000
Number of reportable segments | Segment			1	1
Impairment of goodwill			$ 0	$ 0
Rent received in advance			23,276,000	19,587,000	13,856,000
Allowance for doubtful accounts	$ 509,000		$ 769,000	$ 837,000	$ 491,000
Minimum
Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Property plant and equipment useful life				2 years
Short-term lease term			1 month	1 month
Maximum
Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Property plant and equipment useful life				3 years
Short-term lease term			1 year	1 year
Accounting Standards Update 2016-02 [Member]
Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Change in Accounting Principle, Accounting Standards Update, Adopted [true false]			true	true
Change in Accounting Principle, Accounting Standards Update, Adoption Date			Jan. 1, 2021	Jan. 1, 2019
Change in Accounting Principle, Accounting Standards Update, Immaterial Effect [true false]				true
Accounting Standards Update 2016-13 [Member]
Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Change in Accounting Principle, Accounting Standards Update, Adopted [true false]				true
Change in Accounting Principle, Accounting Standards Update, Adoption Date				Jan. 1, 2020
Change in Accounting Principle, Accounting Standards Update, Immaterial Effect [true false]				true
Accounting Standards Update 2017-04 [Member]
Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Change in Accounting Principle, Accounting Standards Update, Adopted [true false]				true
Change in Accounting Principle, Accounting Standards Update, Adoption Date				Jan. 1, 2020
Change in Accounting Principle, Accounting Standards Update, Immaterial Effect [true false]				true
Accounting Standards Update 2019-04 [Member]
Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Change in Accounting Principle, Accounting Standards Update, Adopted [true false]				true
Change in Accounting Principle, Accounting Standards Update, Adoption Date				Jan. 1, 2020
Change in Accounting Principle, Accounting Standards Update, Immaterial Effect [true false]				true
Accounting Standards Update 2020-03 [Member]
Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Change in Accounting Principle, Accounting Standards Update, Adopted [true false]				true
Change in Accounting Principle, Accounting Standards Update, Adoption Date				Jan. 1, 2020
Change in Accounting Principle, Accounting Standards Update, Immaterial Effect [true false]				true
Accounting Standards Update 2019-12 [Member]
Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Change in Accounting Principle, Accounting Standards Update, Adopted [true false]			true
Change in Accounting Principle, Accounting Standards Update, Adoption Date			Jan. 1, 2019
Change in Accounting Principle, Accounting Standards Update, Immaterial Effect [true false]			true

Business Combination - Addition

Business Combination - Additional Information (Detail) - AP Wireless $ / shares in Units, $ in Thousands	Feb. 10, 2020USD ($)$ / shares
Business Acquisition [Line Items]
Date of acquisition	Feb. 10, 2020
Percentage of interest acquired	100.00%
Consideration transferred	$ 390,857
Cash consideration	325,424
Equity consideration	$ 65,433
In-Place Lease Intangible Asset
Business Acquisition [Line Items]
Estimated time to allot for origination of tenant lease	1 month
Minimum
Business Acquisition [Line Items]
Term of real property interest arrangement	23 years
Discount rate used in determination of fair value of real property interest	8.20%
Maximum
Business Acquisition [Line Items]
Term of real property interest arrangement	99 years
Discount rate used in determination of fair value of real property interest	18.50%
Monte Carlo Simulation Model | Expected Volatility
Business Acquisition [Line Items]
Measurement input	21.1
Monte Carlo Simulation Model | Risk-Free Interest Rate
Business Acquisition [Line Items]
Measurement input	1.5
Monte Carlo Simulation Model | Estimated Term
Business Acquisition [Line Items]
Measurement input	9 years 2 months 12 days
Ordinary Shares | Monte Carlo Simulation Model | Share Price
Business Acquisition [Line Items]
Measurement input | $ / shares	$ 10
APW OpCo
Business Acquisition [Line Items]
Percentage of interest acquired	91.80%
APW OpCo | Noncontrolling Interest
Business Acquisition [Line Items]
Percentage of interest acquired	8.20%

Business Combination - Summary

Business Combination - Summary of Estimated Fair Values of Assets Acquired and Liabilities Assumed (Detail) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020	Feb. 10, 2020
Business Acquisition [Line Items]
Goodwill	$ 80,509	$ 80,509
AP Wireless
Business Acquisition [Line Items]
Cash and restricted cash			$ 48,359
Trade receivables			8,077
Prepaid expenses and other assets			34,970
Real property interests			901,290
Intangible assets			5,400
Accounts payable and other liabilities			(22,654)
Rent received in advance			(15,837)
Real property interest liabilities			(33,398)
Deferred income tax liability			(45,100)
Long-term debt			(570,759)
Net identifiable assets acquired			310,348
Goodwill			80,509
Total acquisition consideration			$ 390,857

Business Combination - Schedule

Business Combination - Schedule of Unaudited Pro Forma Combined Financial Information (Detail) - AP Wireless - USD ($) $ in Thousands	3 Months Ended	11 Months Ended	12 Months Ended
	Mar. 31, 2020	Dec. 31, 2020	Dec. 31, 2019
Business Acquisition [Line Items]
Revenue	$ 15,591	$ 69,759	$ 55,706
Net loss	$ (7,196)	$ (120,457)	$ (82,141)

Real Property Interests - Summa

Real Property Interests - Summary of Real Property Interests, Net (Details) (Detail) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Leases [Abstract]
Right-of-use assets - finance leases	$ 264,615	$ 244,885	$ 81,733
Cell site leasehold interests	959,208	886,679	468,969
Real property interests, gross	1,223,823	1,131,564	550,702
Right-of-useassets-finance leases	(9,305)	(7,023)	(1,235)
Cell site leasehold interests	(45,888)	(35,150)	(122,307)
Real property interests, net	$ 1,168,630	$ 1,089,391	$ 427,160

Real Property Interests - Addit

Real Property Interests - Additional Information (Details) (Detail) - USD ($) $ in Thousands	1 Months Ended	2 Months Ended	3 Months Ended	11 Months Ended	12 Months Ended
	Feb. 09, 2020	Mar. 31, 2020	Mar. 31, 2021	Dec. 31, 2020	Dec. 31, 2020	Dec. 31, 2019
Lessee Lease Description [Line Items]
Finance lease, weighted-average remaining lease term			38 years 3 months 18 days	38 years 2 months 12 days	38 years 2 months 12 days	36 years 8 months 12 days
Finance lease, weighted-average incremental borrowing rate			3.90%	2.80%	2.80%	7.90%
Finance lease, weighted average remaining contractual payment term			3 years 6 months	3 years 7 months 6 days	3 years 6 months
Other Long-Term Assets
Lessee Lease Description [Line Items]
Amounts held by others as deposits			$ 629	$ 1,346	$ 1,346	$ 2,311
Telecom Real Property Interests
Lessee Lease Description [Line Items]
Amortization expense		$ 6,120	$ 11,199
Telecom Real Property Interests | Maximum
Lessee Lease Description [Line Items]
Lease agreement term			99 years
Tenant notice period for termination of lease without penalty			180 days
Contractual payment period			7 years
Telecom Real Property Interests | Minimum
Lessee Lease Description [Line Items]
Tenant notice period for termination of lease without penalty			30 days
Contractual payment period			2 years
Cell Site Leasehold Interests
Lessee Lease Description [Line Items]
Amortization expense	$ 2,031			$ 34,482		$ 16,930
Cell Site Leasehold Interests | Maximum
Lessee Lease Description [Line Items]
Lease agreement term				99 years
Tenant notice period for termination of lease without penalty				180 days
Contractual payment period				7 years
Cell Site Leasehold Interests | Minimum
Lessee Lease Description [Line Items]
Tenant notice period for termination of lease without penalty				30 days
Contractual payment period				2 years

Real Property Interests - Sum_2

Real Property Interests - Summary of Finance Lease Expense and Interest Expense Associated with Lease Liability in Condensed Statement of Operations (Details) (Detail) - USD ($) $ in Thousands	1 Months Ended	2 Months Ended	3 Months Ended	11 Months Ended	12 Months Ended
	Feb. 09, 2020	Mar. 31, 2020	Mar. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Leases [Abstract]
Finance lease expense	$ 425	$ 775	$ 2,391	$ 6,922	$ 1,235
Interest expense - lease liability	$ 95	$ 126	$ 185	$ 518	$ 504

Real Property Interests - Sched

Real Property Interests - Schedule of Supplemental Cash Flow Information Related to Finance Leases (Details) (Detail) - USD ($) $ in Thousands	1 Months Ended	2 Months Ended	3 Months Ended	11 Months Ended	12 Months Ended
	Feb. 09, 2020	Mar. 31, 2020	Mar. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Leases [Abstract]
Operating cash flows from finance leases	$ 37	$ 8	$ 62	$ 134	$ 38
Financing cash flows from finance leases	845	347	2,632	6,044	1,255
Finance lease liabilities arising from obtaining right-of-use assets	$ 1,346	$ 3,624	$ 3,659	$ 19,312	$ 16,989

Real Property Interests - Sch_2

Real Property Interests - Schedule of Amortization Expense To Be Recognized for Each of Succeeding Five Years (Details) (Detail) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Telecom Real Property Interests
Finite-Lived Intangible Assets [Line Items]
Remainder of 2021	$ 35,553
2021	46,921
2022	46,850
2023	46,850
2024	46,831
Thereafter	690,315
Total	$ 913,320
Cell Site Leasehold Interests
Finite-Lived Intangible Assets [Line Items]
2021		$ 44,217
2022		44,076
2023		44,006
2024		44,006
2025		43,986
Thereafter		631,238
Total		$ 851,529

Real Property Interests - Sch_3

Real Property Interests - Schedule of Maturities of Finance Lease Liabilities and Telecom Real Property Interest Liabilities (Detail) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Finance Lease
Remainder of 2021	$ 7,955
Finance Lease, Liability, to be Paid, Year One	8,342	$ 10,042
Finance Lease, Liability, to be Paid, Year Two	7,892	7,796
Finance Lease, Liability, to be Paid, Year Three	4,647	7,644
Finance Lease, Liability, to be Paid, Year Four	2,884	4,398
Finance Lease, Liability, to be Paid, Year Five		2,701
Thereafter	4,004
Thereafter		3,432
Total lease payments	35,724	36,013
Less amounts representing future interest	(2,308)	(2,168)
Total liability	33,416	33,845
Less current portion	(10,420)	(9,920)	$ (5,749)
Non-current liability	22,996	23,925	10,451
Less current portion	(5,011)	(5,749)	(8,379)
Non-current liability	11,523	11,813	$ 8,462
Telecom Real Property Interests
Finance Lease
Remainder of 2021	4,231
2022	2,973
2023	8,752
2024	665
2025	233
Thereafter	348
Total lease payments	17,202
Less amounts representing future interest	(668)
Total liability	16,534
Less current portion	(5,011)
Non-current liability	$ 11,523
Cell Site Leasehold Interests
Finance Lease
2021		5,820
2022		3,095
2023		8,384
2024		424
2025		234
Thereafter		347
Total lease payments		18,304
Less amounts representing future interest		(742)
Total liability		17,562
Less current portion		(5,749)
Non-current liability		$ 11,813

Tenant Lease Rental Payments -

Tenant Lease Rental Payments - Schedule of Future Minimum Amounts Due from Tenants under Leases (Details) (Detail) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Leases [Abstract]
Remainder of 2021	$ 61,550
Lessor, Operating Lease, Payment to be Received, Year One	73,565	$ 73,168
Lessor, Operating Lease, Payment to be Received, Year Two	59,812	60,022
Lessor, Operating Lease, Payment to be Received, Year Three	46,663	45,523
Lessor, Operating Lease, Payment to be Received, Year Four	$ 22,035	32,968
Lessor, Operating Lease, Payment to be Received, Year Five		12,648
Lessor, operating lease, payments to be received		$ 224,329

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Schedule of Changes in the Carrying Amount of Goodwill (Detail) $ in Thousands	11 Months Ended
	Dec. 31, 2020USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
Addition-APW Acquisition	$ 80,509
Goodwill as of December 31, 2020 (Successor)	$ 80,509

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Schedule of Intangible Assets Subject to Amortization (Detail) - In-Place Lease Intangible Asset - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	$ 7,779	$ 7,092	$ 5,073
Less accumulated amortization:	(1,486)	(1,212)	(2,225)
Intangible assets, net	$ 6,293	$ 5,880	$ 2,848

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets - Additional Information (Detail) - USD ($)	Feb. 10, 2020	Feb. 09, 2020	Mar. 31, 2020	Mar. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Finite-Lived Intangible Assets [Line Items]
Goodwill recorded in acquisition					$ 80,509,000
Changes in carrying amount of goodwill recognized				$ 0
AP Wireless
Finite-Lived Intangible Assets [Line Items]
Goodwill recorded in acquisition	$ 80,509,000
In-Place Lease Intangible Asset
Finite-Lived Intangible Assets [Line Items]
Amortization expense		$ 77,000	$ 158,000	$ 309,000	$ 1,163,000	$ 532,000

Goodwill and Intangible Asset_5

Goodwill and Intangible Assets - Schedule of Intangible Asset Amortization Expense to Be Recognized for Each of the Succeeding Five Years (Detail) - In-Place Lease Intangible Asset - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Finite-Lived Intangible Assets [Line Items]
Remainder of 2021	$ 868
Finite-Lived Intangible Asset, Expected Amortization, Year One	895	$ 1,087
Finite-Lived Intangible Asset, Expected Amortization, Year Two	749	805
Finite-Lived Intangible Asset, Expected Amortization, Year Three	628	671
Finite-Lived Intangible Asset, Expected Amortization, Year Four	527	564
Finite-Lived Intangible Asset, Expected Amortization, Year Five		466
Thereafter	2,626
Thereafter		2,287
Intangible assets, net	$ 6,293	$ 5,880	$ 2,848

Operating Leases - Additional I

Operating Leases - Additional Information (Detail) - USD ($) $ in Thousands	1 Months Ended	2 Months Ended	3 Months Ended	11 Months Ended	12 Months Ended
	Feb. 09, 2020	Mar. 31, 2020	Mar. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Lessee Lease Description [Line Items]
Operating lease, right-of-use asset			$ 3,971	$ 4,183	$ 2,097
Cash paid for operating lease liabilities	$ 136	$ 141	$ 298	$ 1,333	$ 953
Weighted-average remaining lease term for operating leases			3 years 9 months 18 days	4 years	3 years
Weighted-average incremental borrowing rate			5.40%	5.40%	7.10%
Selling, General and Administrative Expenses
Lessee Lease Description [Line Items]
Operating lease expense	$ 107	$ 292	$ 360	$ 1,535	$ 1,183
Minimum
Lessee Lease Description [Line Items]
Lessee under noncancelable lease agreement, term			1 year	1 year
Maximum
Lessee Lease Description [Line Items]
Lessee under noncancelable lease agreement, term			10 years	10 years

Operating Leases - Summary of O

Operating Leases - Summary of Operating Lease Liabilities (Detail) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Operating Leases
Remainder of 2021	$ 1,152
Lessee, Operating Lease, Liability, to be Paid, Year One	1,057	$ 1,529
Lessee, Operating Lease, Liability, to be Paid, Year Two	803	1,034
Lessee, Operating Lease, Liability, to be Paid, Year Three	782	784
Lessee, Operating Lease, Liability, to be Paid, Year Four	568	763
Lessee, Operating Lease, Liability, to be Paid, Year Five		548
Thereafter	115
Thereafter		103
Total lease payments	4,477	4,761
Less amounts representing future interest	(451)	(485)
Total liability	4,026	4,276
Less current portion	(1,247)	(1,354)	$ (824)
Non-current liability	$ 2,779	$ 2,922

Accounts Payable and Accrued _3

Accounts Payable and Accrued Expenses - Schedule of Accounts Payable and Accrued Expenses (Detail) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Payables And Accruals [Abstract]
Interest payable	$ 5,698	$ 4,887	$ 3,807
Accrued liabilities	8,177	4,799	3,279
Taxes payable	8,810	7,799	6,319
Payroll and related withholdings	5,256	7,043	4,510
Accounts payable	1,778	718	1,658
Professional fees accrued	2,662	3,234	1,580
Current portion of operating lease liabilities	1,247	1,354	824
Other	1,026	1,020	809
Total accounts payable and accrued expenses	$ 34,654	$ 30,854	$ 22,786

Debt - Schedule of Long-term De

Debt - Schedule of Long-term Debt, Net of Unamortized Debt Discount and Deferred Financing Costs (Detail) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Debt Instrument [Line Items]
Less: unamortized debt discount and financing fees	$ (11,522)	$ (9,876)	$ (15,250)
Debt, carrying amount	805,332	728,473	572,931
DWIP Agreement
Debt Instrument [Line Items]
Long-term debt, gross	102,600	102,600	102,600
Facility Agreement
Debt Instrument [Line Items]
Long-term debt, gross	539,166	547,677	359,764
DWIP II Loan
Debt Instrument [Line Items]
Long-term debt, gross			49,250
Subscription Agreement
Debt Instrument [Line Items]
Long-term debt, gross	172,254	85,112	$ 76,567
Other Debt
Debt Instrument [Line Items]
Long-term debt, gross	$ 2,834	$ 2,960

Debt - Additional Information (

Debt - Additional Information (Detail) € in Thousands, $ in Thousands

Aug. 27, 2020USD ($)

Nov. 08, 2019USD ($)

Nov. 06, 2019GBP (£)Tranche

Oct. 16, 2018

Oct. 15, 2018

Dec. 31, 2016USD ($)

Feb. 28, 2021USD ($)

Apr. 30, 2020USD ($)

Feb. 09, 2020USD ($)

Oct. 31, 2017GBP (£)

Mar. 31, 2020USD ($)

Mar. 31, 2021USD ($)

Dec. 31, 2020USD ($)

Dec. 31, 2020USD ($)

Dec. 31, 2019USD ($)

Dec. 31, 2016USD ($)

Apr. 15, 2021USD ($)

Feb. 28, 2021EUR (€)

Feb. 28, 2021USD ($)

Aug. 27, 2020GBP (£)

Aug. 27, 2020EUR (€)

Aug. 27, 2020USD ($)

Nov. 08, 2019EUR (€)

Nov. 08, 2019USD ($)

Nov. 30, 2018GBP (£)

Nov. 30, 2018EUR (€)

Nov. 30, 2018USD ($)

Oct. 31, 2017EUR (€)

Oct. 31, 2017USD ($)

Dec. 31, 2014USD ($)

Debt Instrument [Line Items]

Repayment of long-term debt

$ 250

$ 54

$ 48,065

$ 19,350

Gain on extinguishment of debt

1,264

Amortization of debt discount and deferred financing costs

280

$ 10

135

192

2,920

Deferred financing fees

$ 1,780

$ 3,721

Interest Expense, Net

Debt Instrument [Line Items]

Amortization of debt discount and deferred financing costs

$ 281

$ 10

135

192

2,920

DWIP Agreement

Debt Instrument [Line Items]

Carrying amount of outstanding debt

102,600

102,600

$ 102,600

102,600

Facility Agreement

Debt Instrument [Line Items]

Carrying amount of outstanding debt

539,166

547,677

547,677

359,764

Subscription Agreement

Debt Instrument [Line Items]

Carrying amount of outstanding debt

$ 172,254

85,112

$ 85,112

76,567

DWIP | DWIP Agreement

Debt Instrument [Line Items]

Debt instrument, borrowed amount

$ 115,000

Repayment of long-term debt

$ 12,400

$ 12,400

Debt instrument, maturity date

Oct. 16, 2023

Aug. 10, 2019

Debt instrument, interest rate

4.25%

4.50%

Debt instrument, frequency of periodic payment

monthly

monthly

Debt instrument, advance amount

$ 100,000

$ 100,000

100,000

Debt instrument, escrow account related liability

$ 2,600

$ 2,600

$ 2,600

$ 2,600

Debt instrument, restrictive covenants

DWIP is subject to restrictive covenants relating to, among others, future indebtedness and transfer of control of DWIP, and DWIP must also meet a financial ratio relating to interest coverage (as defined in the DWIP Agreement).

DWIP is subject to restrictive covenants relating to, among others, future indebtedness and transfer of control of DWIP, and DWIP must also meet a financial ratio relating to interest coverage (as defined in the DWIP Agreement).

Debt instrument, covenant compliance

For the periods presented, DWIP was in compliance with all covenants associated with the DWIP Agreement.

For the periods presented, DWIP was in compliance with all covenants associated with the DWIP Agreement.

DWIP | DWIP Agreement | Prepayment Occurs on or Prior to 24 Months After October 16, 2018

Debt Instrument [Line Items]

Debt instrument, prepayment premium percentage

3.00%

DWIP | DWIP Agreement | Prepayment Occurs on or Prior to 36 Months After October 16, 2018 but After 24 Months After October 16, 2018

Debt Instrument [Line Items]

Debt instrument, prepayment premium percentage

2.00%

DWIP | DWIP Agreement | Prepayment Occurs on or Prior to 60 Months After October 16, 2018 but After 36 Months After October 16, 2018

Debt Instrument [Line Items]

Debt instrument, prepayment premium percentage

1.00%

DWIP | DWIP Agreement | Prepayment Occurs After 60 Months After October 16, 2018

Debt Instrument [Line Items]

Debt instrument, prepayment premium percentage

0.00%

IWIP | Facility Agreement

Debt Instrument [Line Items]

Debt instrument, covenant compliance

For the periods presented, IWIP was in compliance with all covenants associated with the Facility Agreement.

For the periods presented, IWIP was in compliance with all covenants associated with the Facility Agreement.

Debt instrument, maximum borrowing capacity | £

£ 1,000,000,000

Debt instrument, term

10 years

Debt instrument, funded amount

$ 98,400

$ 266,200

Escrow deposit

$ 5,000

Increase in outstanding debt

$ 160,475

Debt instrument, covenants description

IWIP is subject to certain financial condition and testing covenants (such as interest coverage, leverage and equity requirements and limits) as well as restrictive covenants relating to, among others, future indebtedness and liens and other material activities of IWIP and its subsidiaries.

IWIP is subject to certain financial condition and testing covenants (such as interest coverage, leverage and equity requirements and limits) as well as restrictive covenants relating to, among others, future indebtedness and liens and other material activities of IWIP and its subsidiaries.

IWIP | Facility Agreement | Series 1-A Tranche

Debt Instrument [Line Items]

Debt instrument, maturity date

Oct. 30, 2027

Oct. 30, 2027

Debt instrument, interest rate

410.00%

4.10%

4.10%

Debt instrument, funded amount | €

€ 115,000

IWIP | Facility Agreement | Series 1-B Tranche

Debt Instrument [Line Items]

Debt instrument, maturity date

Oct. 30, 2027

Oct. 30, 2027

Debt instrument, interest rate

461.00%

4.61%

4.61%

Debt instrument, funded amount | £

£ 100,000,000

IWIP | Facility Agreement | Series 2-A Tranche

Debt Instrument [Line Items]

Debt instrument, maturity date

Oct. 30, 2027

Oct. 30, 2027

Debt instrument, interest rate

344.00%

3.44%

3.44%

Debt instrument, funded amount | €

€ 40,000

IWIP | Facility Agreement | Series 2-B Tranche

Debt Instrument [Line Items]

Debt instrument, maturity date

Oct. 30, 2027

Oct. 30, 2027

Debt instrument, interest rate

429.00%

4.29%

4.29%

Debt instrument, funded amount | £

£ 40,000,000

IWIP | Facility Agreement | Series 3-A Tranche

Debt Instrument [Line Items]

Debt instrument, maturity date

Aug. 26, 2030

Debt instrument, interest rate

2.97%

2.97%

2.97%

Debt instrument, funded amount | €

€ 75,000

IWIP | Facility Agreement | Series 3-B Tranche

Debt Instrument [Line Items]

Debt instrument, maturity date

Aug. 26, 2030

Debt instrument, interest rate

3.74%

3.74%

3.74%

Debt instrument, funded amount | £

£ 55,000,000

DWIP II | A&R Mezzanine Loan Agreement | APW OpCo

Debt Instrument [Line Items]

Repayment of long-term debt

$ 47,775

Carrying amount of outstanding debt

49,039

Gain on extinguishment of debt

$ 1,264

DWIP II | A&R Mezzanine Loan Agreement | APW OpCo | Subsequent Event

Debt Instrument [Line Items]

Debt instrument, maximum borrowing capacity

$ 75,000

AP WIP Investments Borrower | Subscription Agreement

Debt Instrument [Line Items]

Debt instrument, covenant compliance

AP WIP Investments Borrower was in compliance with all covenants associated with the Subscription Agreement for the period that borrowings were outstanding during the three months ended March 31, 2021.

AP WIP Investments Borrower was in compliance with all covenants associated with the Subscription Agreement for the period that borrowings were outstanding during the year ended December 31, 2020.

Debt instrument, maximum borrowing capacity | £

£ 250,000,000

Debt instrument, term

9 years

Debt instrument, funded amount

$ 75,480

Debt instrument, covenants description

AP WIP Investments Borrower is subject to certain financial condition and testing covenants (such as interest coverage and leverage limits) as well as restrictive and operating covenants relating to, among others, future indebtedness and liens and other material activities of AP WIP Investments Borrower and its affiliates.

AP WIP Investments Borrower is subject to certain financial condition and testing covenants (such as interest coverage and leverage limits) as well as restrictive and operating covenants relating to, among others, future indebtedness and liens and other material activities of AP WIP Investments Borrower and its affiliates.

Number of term loan tranche | Tranche

3

Debt service reserve fund

$ 3,000

AP WIP Investments Borrower | Subscription Agreement | Euro Class A Tranche

Debt Instrument [Line Items]

Debt instrument, maturity date

Nov. 6, 2028

Debt instrument, interest rate

4.25%

Debt instrument, frequency of periodic payment

quarterly

Quarterly

Debt instrument, funded amount | €

€ 68,000

Percentage of payment-in-kind interest

2.00%

AP WIP Investments Borrower | Subscription Agreement | Interest-Only Secured Notes

Debt Instrument [Line Items]

Debt instrument, maturity date

Nov. 8, 2028

Debt instrument, interest rate

3.90%

3.90%

Debt instrument, funded amount

€ 77,000

$ 94,000

Debt service reserve fund

$ 4,500

Percentage of payment-in-kind interest

1.75%

1.75%

AP WIP Investments Borrower | Subscription Agreement | Interest-Only Secured Notes | Subsequent Event

Debt Instrument [Line Items]

Debt instrument, maturity date

Nov. 8, 2028

Debt instrument, interest rate

3.90%

3.90%

Debt instrument, funded amount

€ 77,000

$ 94,000

Percentage of payment-in-kind interest

1.75%

1.75%

Income Taxes - Summary of Incom

Income Taxes - Summary of Income Tax Expense (Detail) - USD ($) $ in Thousands	1 Months Ended	2 Months Ended	3 Months Ended	11 Months Ended	12 Months Ended
	Feb. 09, 2020	Mar. 31, 2020	Mar. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Current:
Foreign	$ 424			$ 3,787	$ 3,039
Federal	0			0	0
Deferred:
Foreign	343			(962)	(571)
Federal	0			0	0
Income tax expense	$ 767	$ 987	$ (722)	$ 2,825	$ 2,468

Income Taxes - Summary of Inc_2

Income Taxes - Summary of Income (Loss) Before Income Tax Expense (Detail) - USD ($) $ in Thousands	1 Months Ended	2 Months Ended	3 Months Ended	11 Months Ended	12 Months Ended
	Feb. 09, 2020	Mar. 31, 2020	Mar. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Income Tax Disclosure [Abstract]
Domestic	$ 8,019			$ (176,706)	$ (30,067)
Foreign	(1,075)			(12,411)	(11,910)
Income (loss) before income tax expense	$ 6,944	$ (78,094)	$ (8,907)	$ (189,117)	$ (41,977)

Income Taxes - Summary of Recon

Income Taxes - Summary of Reconciliation of Income Tax Expense Computed at Statutory Rates (Detail) - USD ($) $ in Thousands	1 Months Ended	2 Months Ended	3 Months Ended	11 Months Ended	12 Months Ended
	Feb. 09, 2020	Mar. 31, 2020	Mar. 31, 2021	Dec. 31, 2020	Dec. 31, 2020	Dec. 31, 2019
Income Tax Disclosure [Abstract]
Statutory tax rate	21.00%			21.00%		21.00%
Income (loss) before income taxes	$ 6,944	$ (78,094)	$ (8,907)	$ (189,117)		$ (41,977)
Expected income tax expense (benefit)	1,458			(39,715)		(8,815)
Increase (decrease) income tax expense resulting from:
Foreign earnings subject to different tax rates	(98)			(1,025)		703
Valuation allowance	739			22,549		712
Share-based compensation				14,668
Non-taxable earnings	(1,581)			1,789		7,317
Uncertain tax position				592	$ (391)	319
Non-deductible expenses	249			3,053		2,232
Tax law change				2,414
State taxes				(1,205)
Other				(295)
Income tax expense	$ 767	$ 987	$ (722)	$ 2,825		$ 2,468

Income Taxes - Schedule of Defe

Income Taxes - Schedule of Deferred Income Tax Assets and Liabilities After Applying Enacted Statutory Tax Rates (Detail) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Deferred income tax assets:
Operating losses carried forward	$ 24,140	$ 14,063
Amortization		5,371
Depreciation	627	522
Investment in partnership	11,770
Other	214	12
Deferred income tax assets	36,751	19,968
Valuation allowance	(27,105)	(18,977)
Deferred income tax assets, net of valuation allowance	9,646	991
Deferred income tax liabilities:
Amortization	(65,610)
Deferred income tax liabilities	(65,610)
Net deferred income tax asset		$ 991
Net deferred income tax liability	$ (55,964)

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Thousands	1 Months Ended	2 Months Ended	3 Months Ended	11 Months Ended	12 Months Ended
	Feb. 09, 2020	Mar. 31, 2020	Mar. 31, 2021	Dec. 31, 2020	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Income Tax Disclosure [Line Items]
Foreign tax loss carryforwards expiration year					2021
Deferred tax assets, valuation allowance				$ 27,105	$ 27,105	$ 18,977
Unrecognized income tax benefits	$ 3,879			5,825	5,825	3,879	$ 3,560
Unrecognized tax benefits reduction in liability				592	(391)	319
Unrecognized tax benefits, interest on income taxes expense					305	119
Income tax expense (benefit)	$ 767	$ 987	$ (722)	2,825		$ 2,468
Effective tax rate	11.00%	(1.30%)	8.10%
Federal
Income Tax Disclosure [Line Items]
Operating loss carryforwards				43,365	43,365
Foreign Tax Authority
Income Tax Disclosure [Line Items]
Operating loss carryforwards				58,170	58,170
Foreign Tax Authority | Not Subject to Expiration
Income Tax Disclosure [Line Items]
Operating loss carryforwards				31,754	31,754
Foreign Tax Authority | Expiring in Next Twelve Months
Income Tax Disclosure [Line Items]
Operating loss carryforwards				$ 333	$ 333
Minimum
Income Tax Disclosure [Line Items]
Foreign tax loss remainder carryforwards expiration year					2022
Maximum
Income Tax Disclosure [Line Items]
Foreign tax loss remainder carryforwards expiration year					2040

Income Taxes - Schedule of Reco

Income Taxes - Schedule of Reconciliation of Activity Related to Unrecognized Income Tax Benefits (Detail) - USD ($) $ in Thousands	1 Months Ended	11 Months Ended	12 Months Ended
	Feb. 09, 2020	Dec. 31, 2020	Dec. 31, 2019
Income Tax Disclosure [Abstract]
Beginning balance	$ 3,879	$ 3,879	$ 3,560
Increases related to prior-year tax positions	0	1,946
Increases related to current-year tax positions			319
Ending balance	$ 3,879	$ 5,825	$ 3,879

Variable Interest Entity - Addi

Variable Interest Entity - Additional Information (Detail) - USD ($) $ in Thousands	Oct. 16, 2019	Mar. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Variable Interest Entity [Line Items]
Assets		$ 1,490,457	$ 1,428,230	$ 532,809
Liabilities		976,773	896,162	648,145
Property and equipment, net		$ 1,478	$ 1,382	1,095
Variable Interest Entity Primary Beneficiary | AP Wireless
Variable Interest Entity [Line Items]
Limited liability company interests in servicer	100.00%
Assets				6,856
Liabilities				1,865
Cash				5,891
Property and equipment, net				457
Bonuses payable				$ 925

Stockholders' Equity - Addition

Stockholders' Equity - Additional Information (Detail) $ / shares in Units, $ in Thousands	Feb. 01, 2021USD ($)$ / sharesshares	Nov. 30, 2017USD ($)	Feb. 28, 2021shares	Mar. 31, 2021USD ($)Director$ / sharesshares	Dec. 31, 2020USD ($)Director$ / sharesshares	Feb. 10, 2020
Class Of Stock [Line Items]
Preferred stock, shares issued				1,600,000	1,600,000
Number of board of directors | Director				4	4
APW OpCo
Class Of Stock [Line Items]
Percentage of interest acquired						91.80%
Noncontrolling Interest | APW OpCo
Class Of Stock [Line Items]
Percentage of interest acquired				8.20%	8.20%	8.20%
Landscape's Initial Placement
Class Of Stock [Line Items]
Warrant term				3 years	3 years
Exercisable of warrant to purchase common stock description				holder of a Warrant to purchase one-third of a Class A Share upon exercise.	holder of a Warrant to purchase one-third of a Class A Share upon exercise.
Exercisable of warrant to purchase common stock				1	1
Warrants exercise price | $ / shares				$ 11.50	$ 11.50
Warrants redemption price | $ / shares				0.01	0.01
Class of warrant or right redemption of warrant or right exceeds ordinary stock price per share | $ / shares				$ 18	$ 18
Class of warrant or right redeem upon number of consecutive trading days				10 days	10 days
Warrants Outstanding				50,024,700
Landscape's Initial Placement | Non-founder Directors
Class Of Stock [Line Items]
Warrants issued				25,000	25,000
Landscape's Initial Placement | Ordinary Shares and Founder Preferred Stock
Class Of Stock [Line Items]
Warrants issued				50,025,000	50,025,000
Series A Founder Preferred Stock
Class Of Stock [Line Items]
Initial placement of ordinary shares and warrants before expenses | $		$ 500,000
Preferred stock, shares issued				1,600,000	1,600,000
Preferred shares, no par value | $ / shares
Number of consecutive trading days	10 days			10 days	10 days
Market value of ordinary share and preferred share description				In the first year in which such dividend becomes payable, such dividend will be equal in value to (i) 20% of the increase in the market value of one Class A Share, being the difference between $10.00 per share and the average price per share, multiplied by (ii) such number of outstanding Class A Shares immediately following the Transaction (“Preferred Share Dividend Equivalent”). Thereafter, the dividend will become payable only if the average price during any subsequent year is greater than the highest average price in any preceding year in which a dividend was paid in respect of the Series A Founder Preferred Stock. Such dividend will be equal in value to 20% of the increase in the average price over the highest average price in any preceding year multiplied by the Preferred Share Dividend Equivalent. In addition, the Series A Founder Preferred Stock will also participate in any dividends on the Class A Shares on an as-converted to Class A Shares basis. In addition, commencing on and after the closing of the Transaction, where the Company pays a dividend on its Class A Shares, the Series A Founder Preferred Stock will also receive an amount equal to 20% of the dividend which would be distributable on such number of Class A Shares equal to the Preferred Share Dividend Equivalent. All such dividends on the Series A Founder Preferred Stock will be paid contemporaneously with the dividends on the Class A Shares.	In the first year in which such dividend becomes payable, such dividend will be equal in value to (i) 20% of the increase in the market value of one Class A Share, being the difference between $10.00 per share and the average price per share, multiplied by (ii) such number of outstanding Class A Shares immediately following the Transaction (“Preferred Share Dividend Equivalent”). Thereafter, the dividend will become payable only if the average price during any subsequent year is greater than the highest average price in any preceding year in which a dividend was paid in respect of the Series A Founder Preferred Stock. Such dividend will be equal in value to 20% of the increase in the average price over the highest average price in any preceding year multiplied by the Preferred Share Dividend Equivalent. In addition, the Series A Founder Preferred Stock will also participate in any dividends on the Class A Shares on an as-converted to Class A Shares basis. In addition, commencing on and after the closing of the Transaction, where the Company pays a dividend on its Class A Shares, the Series A Founder Preferred Stock will also receive an amount equal to 20% of the dividend which would be distributable on such number of Class A Shares equal to the Preferred Share Dividend Equivalent. All such dividends on the Series A Founder Preferred Stock will be paid contemporaneously with the dividends on the Class A Shares.
Dividend payable percentage in proportion to increase in market value of one ordinary share during first year	20.00%			20.00%	20.00%
Dividend payable price in proportion to increase in market value of ordinary share during first year | $ / shares	$ 10			$ 10	$ 10
Dividend payable percentage in proportion to increase in the highest average price year two and thereafter				20.00%	20.00%
Dividend receivable percentage in proportion to ordinary shares holders				20.00%	20.00%
Conversion basis of convertible preferred stock into ordinary shares after closing of transaction				One-for-one	one-for-one
Fair value of preferred stock | $				$ 85,500	$ 85,500
Preferred shares dividend amount fair value on share-based compensation expense | $				$ 69,500	$ 69,500
Dividends declared date	Feb. 1, 2021
Issuance of common stock shares	2,474,421
Dividends paid date	Feb. 4, 2021
Stock dividend payment (amount) | $	$ 31,391
Number of trading days	10 days
Number of board of directors | Director				2	2
Common shares outstanding				0	0
Convertible preferred stock shares				1,600,000
Preferred stock, par value | $ / shares				$ 0.0001	$ 0.0001
Average common share price for stock dividend determination | $ / shares	$ 12.69
Series A Founder Preferred Stock | Subsequent Event
Class Of Stock [Line Items]
Number of consecutive trading days	10 days
Dividend payable percentage in proportion to increase in market value of one ordinary share during first year	20.00%
Dividend payable price in proportion to increase in market value of ordinary share during first year | $ / shares	$ 10
Dividends declared date	Feb. 1, 2021
Issuance of common stock shares	2,474,421
Dividends paid date	Feb. 4, 2021
Stock dividend payment (amount) | $	$ 31,391
Number of trading days	10 days
Series A Founder Preferred Stock | Minimum
Class Of Stock [Line Items]
Average price per ordinary share | $ / shares				$ 11.50	$ 11.50
Series A Founder Preferred Stock | Minimum | Subsequent Event
Class Of Stock [Line Items]
Average price per ordinary share | $ / shares	$ 11.50
Series B Founder Preferred Stock
Class Of Stock [Line Items]
Preferred stock, shares issued				1,386,033	1,386,033
Preferred shares, no par value | $ / shares
Conversion basis of convertible preferred stock into ordinary shares after closing of transaction				One-for-one	One-for-one
Number of board of directors | Director				2	2
Preferred stock, par value | $ / shares				$ 0.0001	$ 0.0001
Class A Common Stock
Class Of Stock [Line Items]
Common shares outstanding				61,212,042	58,425,000
Common shares voting rights					One vote per share
Common shares issued				61,212,042	58,425,000
Class A Common Stock | Landscape's Initial Placement
Class Of Stock [Line Items]
Common shares issued					48,425,000
Class A shares upon exercise of outstanding warrants				16,674,900
Class A Common Stock | Centerbridge Subscription Agreement
Class Of Stock [Line Items]
Common shares issued					10,000,000
Class B Common Stock
Class Of Stock [Line Items]
Issuance of common stock shares			197,739	197,739
Common shares outstanding				11,611,769	11,414,030
Common shares voting rights					One vote per share
Common shares issued				11,611,769	11,414,030
Class B Common Stock | APW OpCo
Class Of Stock [Line Items]
Common shares outstanding					5,389,030
Beginning term to redeem common units after closing date					180 days
Series A Rollover Profits Units
Class Of Stock [Line Items]
Potential class B common shares from series A roll over profit units					5,389,030
Series A Rollover Profits Units | Subsequent Event
Class Of Stock [Line Items]
Rollover distribution of class B common units to holders of series A rollover profits units			197,739
Series B Rollover Profits Units
Class Of Stock [Line Items]
Common shares outstanding					625,000

Stockholders' Equity - Summary

Stockholders' Equity - Summary of Assumptions Used Calculating Issuance Date Fair Value (Detail) - $ / shares	3 Months Ended	12 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Class Of Stock [Line Items]
Number of securities issued	1,600,000	1,600,000
Probability of winding-up	16.70%	16.70%
Probability of an acquisition	83.30%	83.30%
Time to an acquisition	1 year 6 months	1 year 6 months
Volatility (post-acquisition)	38.68%	38.68%
Risk free interest rate	2.26%	2.26%
Ordinary Shares | Initial Public Offering
Class Of Stock [Line Items]
Share price	$ 10	$ 10
Founder Preferred Share
Class Of Stock [Line Items]
Share price	$ 10	$ 10

Share-Based Compensation - Addi

Share-Based Compensation - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	Feb. 10, 2020	Nov. 30, 2017	Mar. 31, 2020	Mar. 31, 2021	Dec. 31, 2020	Dec. 31, 2020	Feb. 09, 2020
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation			$ 71,363	$ 4,103	$ 83,421
Expected term				1 year 6 months		1 year 6 months
Volatility (post-acquisition)				38.68%		38.68%
Risk free interest rate				2.26%		2.26%
Restricted Stock
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation			49	$ 496		$ 1,576
Unrecognized equity-based compensation cost				$ 935	$ 757	$ 757
Weighted average period for recognition of compensation cost				2 years	1 year 1 month 6 days
Share-based payment award, description						Restricted stock awards granted under the Equity Plan are non-transferable until vesting of each award is complete. Each restricted stock award granted under the Equity Plan grants the recipient one Class A Share at no cost to the recipient, subject to the terms and conditions of the Equity Plan and associated award agreement. Generally, vesting of restricted stock awards granted under the Equity Plan is contingent upon the recipient’s completion of service, which ranges from one to five years beginning on the grant date.
Stock Options
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting period				5 years	5 years
Share-based compensation				$ 294		$ 591
Weighted average period for recognition of compensation cost				4 years 2 months 12 days	4 years 3 months 18 days
Stock options granted to purchase common shares		125,000		546,500	3,014,000
Stock option exercise price per share		$ 11.50		$ 8.75	$ 7.84	$ 7.84	$ 11.50
Stock option estimated grant date fair value		$ 2.90		$ 3.39	$ 1.63
Expected term		5 years		6 years 6 months	6 years 6 months
Volatility (post-acquisition)		34.80%		23.00%	19.00%
Risk free interest rate		2.10%		0.90%	0.50%
Fair value of awards		$ 363
Stock option exercise price per share				$ 13.36	$ 7.67
Unrecognized compensation cost				$ 5,311	$ 3,800	$ 3,800
Digital Landscape 2020 Equity Incentive Plan
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of shares based awards granted				13,500,000	13,500,000	13,500,000
Number of share based awards available for grant				3,199,546	3,764,538	3,764,538
Share based awards description				The Equity Plan will remain in effect for ten years following February 10, 2020, unless terminated earlier by the Board, and is subject to amendments as the Compensation Committee considers appropriate, subject to the consent of participants if such changes adversely affect the participant's outstanding rights. Shareholder approval is required to increase the permitted dilution limits and change eligibility requirements.		The Equity Plan will remain in effect for ten years following February 10, 2020, unless terminated earlier by the Board, and is subject to amendments as the Compensation Committee considers appropriate, subject to the consent of participants if such changes adversely affect the participant’s outstanding rights. Shareholder approval is required to increase the permitted dilution limits and change eligibility requirements.
Time-Vesting Series A LTIP Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of units awarded	3,376,076					3,376,076
Time-Vesting Series A LTIP Units | Minimum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting period	3 years					3 years
Time-Vesting Series A LTIP Units | Maximum
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Vesting period	5 years					5 years
Performance-Based Series A LTIP Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of units awarded	2,023,924					2,023,924
Vesting period	7 years					7 years
Series B LTIP Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of units awarded	1,386,033					1,386,033
Vesting period	9 years					9 years
Expected term				9 years 10 months 24 days		9 years 10 months 24 days
Volatility (post-acquisition)				19.70%		19.70%
Risk free interest rate				1.60%		1.60%
LTIP
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation			$ 1,464	$ 3,313	$ 11,403
Unrecognized equity-based compensation cost				$ 38,773	$ 42,086	$ 42,086
Weighted average period for recognition of compensation cost				3 years 4 months 24 days		3 years 7 months 6 days

Share-Based Compensation - Shar

Share-Based Compensation - Share-Based Compensation - Summary of Long Term Incentive Plan Units (Detail) - $ / shares	3 Months Ended	11 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Long Term Incentive Plan Units [Member]
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of shares, Nonvested, beginning	6,786,033
Number of shares, Nonvested, ending		6,786,033
Weighted-Average Grant-Date Fair Value, beginning	$ 7.88
Weighted-Average Grant-Date Fair Value, ending		$ 7.88
Series A LTIP Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of shares, Granted		5,400,000
Weighted-Average Grant-Date Fair Value, Granted		$ 8.32
Weighted-Average Grant-Date Fair Value, ending	8.32
Series B LTIP Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of shares, Granted		1,386,033
Weighted-Average Grant-Date Fair Value, Granted		$ 6.17
Weighted-Average Grant-Date Fair Value, ending	$ 6.17

Share-Based Compensation - Weig

Share-Based Compensation - Weighted Average Grant Date Fair Values for Long Term Incentive Plan Unit (Detail) - $ / shares	3 Months Ended	12 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Expected term	1 year 6 months	1 year 6 months
Expected volatility	38.68%	38.68%
Risk-free interest rate	2.26%	2.26%
Series A LTIP Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Weighted-average grant date fair value	$ 8.32
Expected term	7 years 10 months 24 days	7 years 10 months 24 days
Expected volatility	18.40%	18.40%
Risk-free interest rate	1.50%	1.50%
Series B LTIP Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Weighted-average grant date fair value	$ 6.17
Expected term	9 years 10 months 24 days	9 years 10 months 24 days
Expected volatility	19.70%	19.70%
Risk-free interest rate	1.60%	1.60%

Share-Based Compensation - Summ

Share-Based Compensation - Summary of Changes in Nonvested Restricted Stock Awards (Detail) - Restricted Stock - $ / shares	3 Months Ended	11 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Number of shares, Nonvested, beginning	261,429
Number of shares, Granted	48,492	283,492
Number of shares, Vested	(214,629)
Number of shares, Forfeited		(22,063)
Number of shares, Nonvested, ending	95,292	261,429
Weighted-Average Grant-Date Fair Value, beginning	$ 8.92
Weighted-Average Grant-Date Fair Value, Granted	13.92	$ 9.01
Weighted-Average Grant-Date Fair Value, Vested	(9.16)
Weighted-Average Grant-Date Fair Value, Forfeited		10
Weighted-Average Grant-Date Fair Value, ending	$ 10.93	$ 8.92

Share-Based Compensation - Sche

Share-Based Compensation - Schedule of Changes in Number of Common Shares Underlying Options (Detail) - Stock Options - USD ($)	1 Months Ended	3 Months Ended	11 Months Ended
	Nov. 30, 2017	Mar. 31, 2021	Dec. 31, 2020
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Shares Outstanding beginning balance		2,813,000	125,000
Shares granted	125,000	546,500	3,014,000
Shares exercised		(2,600)
Shares forfeited		(30,000)	(326,000)
Shares outstanding ending balance		3,326,900	2,813,000
Shares exercisable		601,600	125,000
Weighted-average exercise price outstanding beginning balance		$ 7.84	$ 11.50
Weighted-average exercise price granted		13.36	7.67
Weighted-average exercise price exercised		7.67
Weighted-average exercise price forfeited		7.67	7.67
Weighted-average exercise price outstanding ending balance	$ 11.50	8.75	7.84
Weighted-average exercise price exercisable		$ 8.45	$ 11.50
Aggregate intrinsic value outstanding			$ 14,080
Aggregate intrinsic value exercisable			$ 169

Basic and Diluted Income (Los_3

Basic and Diluted Income (Loss) per Common Share - Computation of Basic and Diluted Net Loss per Common Share Using Two-class Method (Detail) - USD ($) $ / shares in Units, $ in Thousands	2 Months Ended	3 Months Ended	11 Months Ended
	Mar. 31, 2020	Mar. 31, 2021	Dec. 31, 2020
Numerator:
Net loss attributable to Radius Global Infrastructure, Inc. common shareholders			$ (182,091)
Adjustment for vested participating preferred stock			0
Net loss attributable to common shares	$ (78,310)	$ (7,579)	$ (182,091)
Stock dividend payment to holders of Series A Founder Preferred Stock		(31,391)
Net loss attributable to common stockholders	$ (78,310)	$ (38,970)
Denominator:
Weighted average common shares outstanding-basic and diluted	58,425,000	59,479,707	58,425,000
Basic and diluted loss per common share	$ (1.34)	$ (0.66)	$ (3.12)

Basic and Diluted Income (Los_4

Basic and Diluted Income (Loss) per Common Share - Summary of Potentially Dilutive Securities Excluded From Computation of Diluted Weighted Average Shares Outstanding (Detail) - shares	2 Months Ended	3 Months Ended	11 Months Ended
	Mar. 31, 2020	Mar. 31, 2021	Dec. 31, 2020
Series A Founder Preferred Stock
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of diluted weighted average shares outstanding	1,600,000	1,600,000	1,600,000
Warrants
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of diluted weighted average shares outstanding	16,675,000	16,674,700	16,675,000
Stock Options
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of diluted weighted average shares outstanding	125,000	3,326,900	2,813,000
Restricted Stock
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of diluted weighted average shares outstanding	345,875	95,292	261,429
LTIP
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of diluted weighted average shares outstanding	6,786,033	6,786,033	6,786,033

Geographic Data and Concentra_3

Geographic Data and Concentration - Schedule of Revenues and Total Assets in Geographic Locations (Detail) - USD ($) $ in Thousands	1 Months Ended	2 Months Ended	3 Months Ended	11 Months Ended	12 Months Ended
	Feb. 09, 2020	Mar. 31, 2020	Mar. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Revenues From External Customers And Long Lived Assets [Line Items]
Revenue	$ 6,836	$ 8,755	$ 22,172	$ 62,923	$ 55,706
Assets			$ 1,490,457	1,428,230	532,809
United States
Revenues From External Customers And Long Lived Assets [Line Items]
Revenue	1,775			14,880	15,820
Assets				561,992	156,541
United Kingdom
Revenues From External Customers And Long Lived Assets [Line Items]
Revenue	1,927			17,126	15,267
Assets				269,394	125,126
Italy
Revenues From External Customers And Long Lived Assets [Line Items]
Assets				197,659	38,485
Other Foreign Countries
Revenues From External Customers And Long Lived Assets [Line Items]
Revenue	$ 3,134			30,917	24,619
Assets				$ 399,185	$ 212,657

Geographic Data and Concentra_4

Geographic Data and Concentration - Schedule of Revenue Concentration with In-Place Tenants (Detail) - Customer Concentration Risk - Revenue Concentration	1 Months Ended	11 Months Ended	12 Months Ended
	Feb. 09, 2020	Dec. 31, 2020	Dec. 31, 2019
Revenues From External Customers And Long Lived Assets [Line Items]
Revenue concentration	100.00%	100.00%	100.00%
American Tower
Revenues From External Customers And Long Lived Assets [Line Items]
Revenue concentration	13.00%	13.00%	13.00%
Other (Less than 10% Individually)
Revenues From External Customers And Long Lived Assets [Line Items]
Revenue concentration	87.00%	87.00%	87.00%

Management Incentive Plan - Add

Management Incentive Plan - Additional Information (Detail) - Management Carve Out Plan	1 Months Ended	12 Months Ended
	Feb. 09, 2020USD ($)	Dec. 31, 2019USD ($)	Dec. 31, 2020Plan
Incentive Distribution, Managing Member or General Partner [Abstract]
Number of incentive plans | Plan			2
Management incentive expense - nonrecourse loans issued | $	$ 0	$ 893,000

Note Receivable - Additional In

Note Receivable - Additional Information (Detail) - USD ($) $ in Thousands	1 Months Ended	2 Months Ended	11 Months Ended
	Feb. 09, 2020	Mar. 31, 2020	Dec. 31, 2020
Loans And Leases Receivable Disclosure [Line Items]
Advances under notes receivable	$ 17,500	$ 2,500	$ 2,500
Promissory Note Agreement
Loans And Leases Receivable Disclosure [Line Items]
Advances under notes receivable	$ 17,500		$ 2,500

Share-Based Compensation - Su_2

Share-Based Compensation - Summary of Changes in Long Term Incentive Plan Units (Detail)	3 Months Ended
	Mar. 31, 2021shares
Series A LTIP Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Outstanding at December 31, 2020	5,400,000
Granted	0
Exercised	0
Outstanding at March 31, 2021	5,400,000
Exercisable at March 31, 2021	855,504
Series B LTIP Units
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Outstanding at December 31, 2020	1,386,033
Granted	0
Exercised	0
Outstanding at March 31, 2021	1,386,033
Exercisable at March 31, 2021	372,358

Subsequent Events - Additional

Subsequent Events - Additional Information (Detail) - Subsequent Event - Agreement to issue and sell of shares. - Class A Common Stock $ / shares in Units, $ in Millions	May 11, 2021USD ($)$ / sharesshares
Subsequent Event [Line Items]
Shares to be issued and sold | shares	14,336,918
Purchase price of each share | $ / shares	$ 13.95
Aggregate gross proceeds	$ 200
Total net offering proceeds after deducting placement agent fees and offering expenses	$ 190