2023 Q1 Form 10-K Financial Statement

#000162828023005558 Filed on February 28, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $289.8M $283.7M $1.129B
YoY Change 4.24% -3.17% 2.57%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $28.43M $25.17M $101.0M
YoY Change 19.12% -0.8% -0.18%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $69.30M $75.51M $263.0M
YoY Change 8.28% -5.35% 0.69%
% of Gross Profit
Operating Expenses $160.5M $136.6M $529.6M
YoY Change 23.52% -12.64% -5.0%
Operating Profit
YoY Change
Interest Expense $148.9M -$86.55M $376.8M
YoY Change 54.79% -17.2% -15.56%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$22.28M $33.14M -$25.49M
YoY Change -144.35% 9.82% -121.27%
Income Tax -$2.412M -$7.182M -$17.37M
% Of Pretax Income -21.67%
Net Earnings -$19.20M $40.73M -$8.275M
YoY Change -136.42% 13.7% -106.69%
Net Earnings / Revenue -6.63% 14.36% -0.73%
Basic Earnings Per Share -$0.08 -$0.04
Diluted Earnings Per Share -$0.08 $0.17 -$0.04
COMMON SHARES
Basic Shares Outstanding 237.3M shares 237.2M shares 235.6M shares
Diluted Shares Outstanding 236.1M shares 235.6M shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $70.35M $43.80M $43.80M
YoY Change 37.59% -25.64% -25.64%
Cash & Equivalents $70.35M $43.80M $43.80M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $53.59M $42.63M $42.63M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $123.9M $86.43M $86.43M
YoY Change 34.14% -11.22% -11.22%
LONG-TERM ASSETS
Property, Plant & Equipment $3.941B $3.755B $3.843B
YoY Change 11.12% 7.0% 7.07%
Goodwill $361.4M $361.4M
YoY Change -39.96% -39.96%
Intangibles $327.4M $334.8M
YoY Change -8.34% -8.17%
Long-Term Investments $38.34M $38.66M $38.66M
YoY Change -40.41% -39.81% -39.81%
Other Assets $121.7M $118.2M $118.2M
YoY Change 25.59% 133.56% 133.56%
Total Long-Term Assets $4.864B $4.765B $4.765B
YoY Change 1.39% 1.12% 1.12%
TOTAL ASSETS
Total Short-Term Assets $123.9M $86.43M $86.43M
Total Long-Term Assets $4.864B $4.765B $4.765B
Total Assets $4.988B $4.851B $4.851B
YoY Change 2.01% 0.87% 0.87%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $125.8M $122.2M $122.2M
YoY Change 3.01% 40.66% 40.66%
Accrued Expenses $72.73M $121.3M $121.3M
YoY Change 6.48% 10.46% 10.46%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.461B $1.434B $1.434B
YoY Change 6.67% 6.77% 6.77%
LONG-TERM LIABILITIES
Long-Term Debt $5.393B $5.204B $5.204B
YoY Change 5.03% 1.93% 1.93%
Other Long-Term Liabilities $458.1M $484.5M $484.5M
YoY Change -3.98% 2.11% 2.11%
Total Long-Term Liabilities $5.852B $5.689B $5.689B
YoY Change 4.26% 1.94% 1.94%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.461B $1.434B $1.434B
Total Long-Term Liabilities $5.852B $5.689B $5.689B
Total Liabilities $7.312B $7.122B $7.125B
YoY Change 4.57% 2.88% 2.71%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $1.212B $1.210B
YoY Change -0.39%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$2.327B -$2.274B -$2.273B
YoY Change
Total Liabilities & Shareholders Equity $4.988B $4.851B $4.851B
YoY Change 2.01% 0.87% 0.87%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income -$19.20M $40.73M -$8.275M
YoY Change -136.42% 13.7% -106.69%
Depreciation, Depletion And Amortization $69.30M $75.51M $263.0M
YoY Change 8.28% -5.35% 0.69%
Cash From Operating Activities $14.56M $175.0M $460.1M
YoY Change -76.97% 20.03% -7.82%
INVESTING ACTIVITIES
Capital Expenditures $115.0M $134.9M $427.6M
YoY Change -221.38% -222.81% 10.81%
Acquisitions
YoY Change
Other Investing Activities $607.0K $1.567M $35.55M
YoY Change 60.16% 355.52% -45.0%
Cash From Investing Activities -$114.4M -$133.3M -$392.0M
YoY Change 21.22% 21.77% 22.04%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $126.4M -41.27M -$83.20M
YoY Change 441.04% -12.48% -57.68%
NET CHANGE
Cash From Operating Activities $14.56M 175.0M $460.1M
Cash From Investing Activities -$114.4M -133.3M -$392.0M
Cash From Financing Activities $126.4M -41.27M -$83.20M
Net Change In Cash $26.54M 409.0K -$15.10M
YoY Change 13.66% -103.77% -18.95%
FREE CASH FLOW
Cash From Operating Activities $14.56M $175.0M $460.1M
Capital Expenditures $115.0M $134.9M $427.6M
Free Cash Flow -$100.4M $40.11M $32.55M
YoY Change -163.58% -84.31% -71.27%

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CY2022 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
7269000 usd
CY2021 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-18553000 usd
CY2020 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-11703000 usd
CY2022 us-gaap Costs And Expenses
CostsAndExpenses
1156705000 usd
CY2020 us-gaap Costs And Expenses
CostsAndExpenses
1801154000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-27858000 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
117727000 usd
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-734113000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-17365000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-4916000 usd
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-15203000 usd
CY2022 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2371000 usd
CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2102000 usd
CY2020 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
98000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
-8122000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
124745000 usd
CY2020 us-gaap Profit Loss
ProfitLoss
-718812000 usd
CY2022 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
153000 usd
CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1085000 usd
CY2020 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-12511000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-8275000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
123660000 usd
CY2020 us-gaap Net Income Loss
NetIncomeLoss
-706301000 usd
CY2022 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
1135000 usd
CY2021 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
1077000 usd
CY2020 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
1078000 usd
CY2022 us-gaap Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
20000 usd
CY2021 us-gaap Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
10000 usd
CY2020 us-gaap Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
9000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-9430000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
122573000 usd
CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-707388000 usd
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.04
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.53
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-3.47
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.04
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.51
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-3.47
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
235567000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
232888000 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
203600000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
235567000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
264077000 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
203600000 shares
CY2022 us-gaap Profit Loss
ProfitLoss
-8122000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
124745000 usd
CY2020 us-gaap Profit Loss
ProfitLoss
-718812000 usd
CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
9243000 usd
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
11317000 usd
CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
3119000 usd
CY2022 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
1121000 usd
CY2021 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
136062000 usd
CY2020 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
676000 usd
CY2020 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-715693000 usd
CY2022 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
232000 usd
CY2021 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
1199000 usd
CY2020 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-12467000 usd
CY2022 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
889000 usd
CY2021 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
134863000 usd
CY2020 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-703226000 usd
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-1483164000 usd
CY2020 us-gaap Profit Loss
ProfitLoss
-718812000 usd
CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
3119000 usd
CY2020 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.60
CY2020 us-gaap Dividends Common Stock
DividendsCommonStock
129414000 usd
CY2020 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
2080000 usd
CY2020 us-gaap Minority Interest Period Increase Decrease
MinorityInterestPeriodIncreaseDecrease
125000 usd
CY2020 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
1097000 usd
CY2020 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
13721000 usd
CY2020 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
244550000 usd
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-2072376000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
124745000 usd
CY2021 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
11317000 usd
CY2021 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.60
CY2021 us-gaap Dividends Common Stock
DividendsCommonStock
141284000 usd
CY2021 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
1285000 usd
CY2021 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
0 usd
CY2021 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
4100000 usd
CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
13847000 usd
CY2021 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
672000 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-2113774000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
-8122000 usd
CY2022 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
9243000 usd
CY2022 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.60
CY2022 us-gaap Dividends Common Stock
DividendsCommonStock
141753000 usd
CY2022 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
127000 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings
AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings
0 usd
CY2022 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
4620000 usd
CY2022 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
4913000 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
12751000 usd
CY2022 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
589000 usd
CY2022 unit Adjustments To Additional Paid In Capital Payments To Settle Capped Call Option
AdjustmentsToAdditionalPaidInCapitalPaymentsToSettleCappedCallOption
21149000 usd
CY2022 unit Adjustments To Additional Paid In Capital Payment For Settlement Of Common Stock Warrant
AdjustmentsToAdditionalPaidInCapitalPaymentForSettlementOfCommonStockWarrant
522000 usd
CY2022 unit Adjustments To Additional Paid In Capital Termination Of Bond Hedge Option
AdjustmentsToAdditionalPaidInCapitalTerminationOfBondHedgeOption
1190000 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-2271206000 usd
CY2022 us-gaap Profit Loss
ProfitLoss
-8122000 usd
CY2021 us-gaap Profit Loss
ProfitLoss
124745000 usd
CY2020 us-gaap Profit Loss
ProfitLoss
-718812000 usd
CY2022 us-gaap Depreciation And Amortization
DepreciationAndAmortization
292788000 usd
CY2021 us-gaap Depreciation And Amortization
DepreciationAndAmortization
290942000 usd
CY2020 us-gaap Depreciation And Amortization
DepreciationAndAmortization
329403000 usd
CY2022 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
18147000 usd
CY2021 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
18122000 usd
CY2020 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
36955000 usd
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
10754000 usd
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-49280000 usd
CY2020 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-73952000 usd
CY2022 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-9243000 usd
CY2021 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-11317000 usd
CY2020 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-10155000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-28909000 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-6467000 usd
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-13891000 usd
CY2022 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2371000 usd
CY2021 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
2102000 usd
CY2020 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
98000 usd
CY2022 unit Equity Method Investment Distributions Of Cumulative Earnings
EquityMethodInvestmentDistributionsOfCumulativeEarnings
3969000 usd
CY2021 unit Equity Method Investment Distributions Of Cumulative Earnings
EquityMethodInvestmentDistributionsOfCumulativeEarnings
3922000 usd
CY2020 unit Equity Method Investment Distributions Of Cumulative Earnings
EquityMethodInvestmentDistributionsOfCumulativeEarnings
1960000 usd
CY2022 unit Cash Paid For Interest Rate Swap Settlement
CashPaidForInterestRateSwapSettlement
-10413000 usd
CY2021 unit Cash Paid For Interest Rate Swap Settlement
CashPaidForInterestRateSwapSettlement
-12483000 usd
CY2020 unit Cash Paid For Interest Rate Swap Settlement
CashPaidForInterestRateSwapSettlement
-7818000 usd
CY2022 us-gaap Straight Line Rent
StraightLineRent
40925000 usd
CY2021 us-gaap Straight Line Rent
StraightLineRent
41239000 usd
CY2020 us-gaap Straight Line Rent
StraightLineRent
6872000 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
12751000 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
13847000 usd
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
13721000 usd
CY2022 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
0 usd
CY2021 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
21000 usd
CY2020 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
7163000 usd
CY2022 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
176000 usd
CY2021 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
28143000 usd
CY2020 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
0 usd
CY2022 us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
7923000 usd
CY2021 us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
0 usd
CY2020 us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
0 usd
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
240500000 usd
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2020 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
71000000 usd
CY2022 unit Gain On Prepayment Of Settlement Payable
GainOnPrepaymentOfSettlementPayable
0 usd
CY2021 unit Gain On Prepayment Of Settlement Payable
GainOnPrepaymentOfSettlementPayable
5432000 usd
CY2020 unit Gain On Prepayment Of Settlement Payable
GainOnPrepaymentOfSettlementPayable
0 usd
CY2022 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-898000 usd
CY2021 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
213000 usd
CY2020 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-1796000 usd
CY2022 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
433000 usd
CY2021 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
442000 usd
CY2020 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
86267000 usd
CY2022 unit Accretion Of Settlement Payable
AccretionOfSettlementPayable
11714000 usd
CY2021 unit Accretion Of Settlement Payable
AccretionOfSettlementPayable
16901000 usd
CY2020 unit Accretion Of Settlement Payable
AccretionOfSettlementPayable
0 usd
CY2022 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
72000 usd
CY2021 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-124000 usd
CY2020 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
297000 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
4176000 usd
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-24497000 usd
CY2020 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-12634000 usd
CY2022 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-15148000 usd
CY2021 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-14161000 usd
CY2020 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
24141000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-30769000 usd
CY2021 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
27799000 usd
CY2020 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
37850000 usd
CY2022 unit Increase Decrease In Settlement Payable
IncreaseDecreaseInSettlementPayable
0 usd
CY2021 unit Increase Decrease In Settlement Payable
IncreaseDecreaseInSettlementPayable
0 usd
CY2020 unit Increase Decrease In Settlement Payable
IncreaseDecreaseInSettlementPayable
418840000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
460115000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
499157000 usd
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
157233000 usd
CY2022 us-gaap Proceeds From Sale Of Other Property Plant And Equipment
ProceedsFromSaleOfOtherPropertyPlantAndEquipment
1815000 usd
CY2021 us-gaap Proceeds From Sale Of Other Property Plant And Equipment
ProceedsFromSaleOfOtherPropertyPlantAndEquipment
1487000 usd
CY2020 us-gaap Proceeds From Sale Of Other Property Plant And Equipment
ProceedsFromSaleOfOtherPropertyPlantAndEquipment
0 usd
CY2022 unit Proceeds From Sale Of Operation
ProceedsFromSaleOfOperation
541000 usd
CY2021 unit Proceeds From Sale Of Operation
ProceedsFromSaleOfOperation
62113000 usd
CY2020 unit Proceeds From Sale Of Operation
ProceedsFromSaleOfOperation
0 usd
CY2022 unit Proceeds From Real Estate Sale
ProceedsFromRealEstateSale
665000 usd
CY2021 unit Proceeds From Real Estate Sale
ProceedsFromRealEstateSale
1034000 usd
CY2020 unit Proceeds From Real Estate Sale
ProceedsFromRealEstateSale
391885000 usd
CY2022 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
32527000 usd
CY2021 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
0 usd
CY2020 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
0 usd
CY2022 us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
427567000 usd
CY2021 us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
385855000 usd
CY2020 us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
317084000 usd
CY2022 unit Payments To Acquire Businesses Asset Acquisitions
PaymentsToAcquireBusinessesAssetAcquisitions
0 usd
CY2021 unit Payments To Acquire Businesses Asset Acquisitions
PaymentsToAcquireBusinessesAssetAcquisitions
0 usd
CY2020 unit Payments To Acquire Businesses Asset Acquisitions
PaymentsToAcquireBusinessesAssetAcquisitions
73407000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-392019000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-321221000 usd
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
1394000 usd
CY2022 us-gaap Repayments Of Debt
RepaymentsOfDebt
194043000 usd
CY2021 us-gaap Repayments Of Debt
RepaymentsOfDebt
2260000000 usd
CY2020 us-gaap Repayments Of Debt
RepaymentsOfDebt
2044728000 usd
CY2022 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
306500000 usd
CY2021 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
2380000000 usd
CY2020 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
2250000000 usd
CY2022 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
142950000 usd
CY2021 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
141371000 usd
CY2020 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
135676000 usd
CY2022 unit Payments Of Settlement Payable
PaymentsOfSettlementPayable
0 usd
CY2021 unit Payments Of Settlement Payable
PaymentsOfSettlementPayable
190924000 usd
CY2020 unit Payments Of Settlement Payable
PaymentsOfSettlementPayable
0 usd
CY2022 unit Payments Of Contingent Consideration
PaymentsOfContingentConsideration
0 usd
CY2021 unit Payments Of Contingent Consideration
PaymentsOfContingentConsideration
2979000 usd
CY2020 unit Payments Of Contingent Consideration
PaymentsOfContingentConsideration
15713000 usd
CY2022 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
180000000 usd
CY2021 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
310000000 usd
CY2020 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
170000000 usd
CY2022 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
192000000 usd
CY2021 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
220000000 usd
CY2020 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
635019000 usd
CY2022 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
1193000 usd
CY2021 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
2019000 usd
CY2020 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
3702000 usd
CY2022 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
9852000 usd
CY2021 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
27660000 usd
CY2020 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
50875000 usd
CY2022 us-gaap Payments For Derivative Instrument Financing Activities
PaymentsForDerivativeInstrumentFinancingActivities
21149000 usd
CY2021 us-gaap Payments For Derivative Instrument Financing Activities
PaymentsForDerivativeInstrumentFinancingActivities
0 usd
CY2020 us-gaap Payments For Derivative Instrument Financing Activities
PaymentsForDerivativeInstrumentFinancingActivities
0 usd
CY2022 us-gaap Payments For Repurchase Of Warrants
PaymentsForRepurchaseOfWarrants
522000 usd
CY2021 us-gaap Payments For Repurchase Of Warrants
PaymentsForRepurchaseOfWarrants
0 usd
CY2020 us-gaap Payments For Repurchase Of Warrants
PaymentsForRepurchaseOfWarrants
0 usd
CY2022 us-gaap Proceeds From Derivative Instrument Financing Activities
ProceedsFromDerivativeInstrumentFinancingActivities
1190000 usd
CY2021 us-gaap Proceeds From Derivative Instrument Financing Activities
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CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
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CY2020 us-gaap Capital Expenditures Incurred But Not Yet Paid
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CY2022 us-gaap Basis Of Accounting
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Basis of Presentation and Consolidation<div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The accompanying Consolidated Financial Statements include all accounts of the Company and, its wholly-owned and/or controlled subsidiaries, including the Operating Partnership. Under the Accounting Standards Codification 810, </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Consolidation</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> (“ASC 810”), the Operating Partnership is considered a variable interest entity and is consolidated in the Consolidated Financial Statements of Uniti Group Inc. because the Company is the primary beneficiary. All material intercompany balances and transactions have been eliminated.</span></div><div style="margin-top:12pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">ASC 810 provides guidance on the identification of entities for which control is achieved through means other than voting rights (“variable interest entities” or “VIEs”) and the determination of which business enterprise, if any, should consolidate the VIEs. Generally, the consideration of whether an entity is a VIE applies when either: (1) the equity investors (if any) lack (i) the ability to make decisions about the entity’s activities through voting or similar rights, (ii) the obligation to absorb the expected losses of the entity, or (iii) the right to receive the expected residual returns of the entity; (2) the equity investment at risk is insufficient to finance that entity’s activities without additional subordinated financial support; or (3) the equity investors have voting rights that are not proportionate to their economic interests and substantially all of the activities of the entity involve or are conducted on behalf of an investor with a disproportionately small voting interest. The Company consolidates VIEs in which it is considered to be the primary beneficiary. The primary beneficiary is defined as the entity having both of the following characteristics: (1) the power to direct the activities that, when taken together, most significantly impact the VIE’s performance; and (2) the obligation to absorb losses and right to receive the returns from the VIE that would be significant to the VIE.</span></div>The accompanying Consolidated Financial Statements have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) for financial information set forth in the Accounting Standards Codification (“ASC”), as published by the Financial Accounting Standards Board (“FASB”), and with the applicable rules and regulations of the Securities and Exchange Commission (“SEC”).
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<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Use of Estimates</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">—The preparation of financial statements, in accordance with GAAP, requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses and disclosure of contingent assets and liabilities. The estimates and assumptions used in the accompanying financial statements are based upon management’s evaluation of the relevant facts and circumstances as of the date of the financial statements. Actual results may differ from the estimates and assumptions used in preparing the accompanying financial statements, and such differences could be material.</span>
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CY2022 us-gaap Concentration Risk Credit Risk
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<div style="margin-top:12pt"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Concentration of Credit Risks</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">—Revenue under the Windstream Leases provided 66.5% of our revenue for the year ended December 31, 2022, 66.4% of our revenue for the year ended December 31, 2021, and 65.8% of our revenue for the year ended December 31, 2020. Because a substantial portion of our revenue and cash flows are derived from lease payments by Windstream pursuant to the Windstream Leases, there could be a material adverse impact on our consolidated results of operations, liquidity, financial condition and/or ability to pay dividends and service debt if Windstream were to default under the Windstream Leases or otherwise experiences operating or liquidity difficulties and becomes unable to generate sufficient cash to make payments to us.</span></div><div style="margin-top:12pt"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Prior to its emergence from bankruptcy on September 21, 2020, Windstream was a publicly traded company subject to the periodic filing requirements of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Windstream historic filings through their quarter ended June 30, 2020 can be found at www.sec.gov. On September 22, 2020, Windstream filed a Form 15 to terminate all filing obligations under Sections 12(g) and 15(d) under the Exchange Act. Windstream’s filings are not incorporated by reference in this Annual Report on Form 10-K.</span></div><div style="margin-top:12pt"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">We monitor the credit quality of Windstream through numerous methods, including by (i) reviewing credit ratings of Windstream by nationally recognized credit agencies, (ii) reviewing the financial statements of Windstream that are required to be delivered to us pursuant to the Windstream Leases, (iii) monitoring new reports regarding Windstream and its business, (iv) conducting research to ascertain industry trends potentially affecting Windstream, (v) monitoring Windstream’s compliance with the terms of the Windstream Leases and (vi) monitoring the timeliness of its payments under the Windstream Leases.</span></div><div style="margin-top:12pt"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">As of the date of this Annual Report on Form 10-K, Windstream is current on all lease payments. We note that in August 2020, Moody’s Investor Service assigned a B3 corporate family rating with a stable outlook to Windstream in connection with its post-emergence exit financing. At the same time, S&amp;P Global Ratings assigned Windstream a B- issuer rating with a stable outlook. These ratings were both upgrades from Windstream’s pre-bankruptcy ratings. Both ratings remain current as of the date of this filing. In order to assist us in our continuing assessment of Windstream’s creditworthiness, we periodically receive certain confidential financial information and metrics from Windstream.</span></div>
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CY2022Q4 unit Revenue Remaining Performance Obligation Backlog For Sales Bookings
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CY2022 unit Revenue Remaining Performance Obligation Backlog Expected Timing Of Satisfaction Period
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CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
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CY2022Q4 us-gaap Lessor Operating Lease Payments To Be Received
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CY2021Q4 unit Property Plant And Equipment And Finance Lease Right Of Use Asset Lessor Asset Under Operating Lease Before Accumulated Depreciation And Amortization
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CY2022Q4 unit Property Plant And Equipment And Finance Lease Right Of Use Asset Lessor Asset Under Operating Lease Accumulated Depreciation And Amortization
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5542726000 usd
CY2021Q4 unit Property Plant And Equipment And Finance Lease Right Of Use Asset Lessor Asset Under Operating Lease Accumulated Depreciation And Amortization
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5391479000 usd
CY2022Q4 unit Property Plant And Equipment And Finance Lease Right Of Use Asset Lessor Asset Under Operating Lease After Accumulated Depreciation And Amortization
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CY2021Q4 unit Property Plant And Equipment And Finance Lease Right Of Use Asset Lessor Asset Under Operating Lease After Accumulated Depreciation And Amortization
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CY2022 unit Depreciation Expense For Underlying Assets Under Operating Leases
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CY2021 unit Depreciation Expense For Underlying Assets Under Operating Leases
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CY2021 us-gaap Finance Lease Right Of Use Asset Amortization
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CY2021 us-gaap Operating Lease Cost
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CY2021 us-gaap Short Term Lease Cost
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CY2021 us-gaap Variable Lease Cost
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CY2021 us-gaap Sublease Income
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12752000 usd
CY2022 us-gaap Lease Cost
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CY2021 us-gaap Lease Cost
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CY2021Q4 us-gaap Operating Lease Right Of Use Asset
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CY2022Q4 us-gaap Operating Lease Liability
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CY2021Q4 us-gaap Operating Lease Liability
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CY2022Q4 us-gaap Finance Lease Right Of Use Asset
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CY2021Q4 us-gaap Finance Lease Right Of Use Asset
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CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
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0.106
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2383000 usd
CY2022 us-gaap Operating Lease Payments
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19874000 usd
CY2021 us-gaap Operating Lease Payments
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22471000 usd
CY2022 us-gaap Finance Lease Principal Payments
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1193000 usd
CY2021 us-gaap Finance Lease Principal Payments
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CY2021 unit Non Cash Operating Lease And Remeasurements Net
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15230000 usd
CY2022 unit Non Cash Finance Lease
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CY2021 unit Non Cash Finance Lease
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CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
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CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Three
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2316000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
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CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Four
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2316000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
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CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Five
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2185000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
47179000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
12718000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
102647000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
24465000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
36291000 usd
CY2022Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
8945000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
66356000 usd
CY2022Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
15520000 usd
CY2018Q3 unit Number Of Master Leases
NumberOfMasterLeases
2 lease
CY2018Q3 unit Number Of Master Leases
NumberOfMasterLeases
2 lease
CY2018Q3 unit Lessor Annual Payment To Be Received
LessorAnnualPaymentToBeReceived
663000000 usd
CY2022 unit New Leases Agreement To Fund Growth Capital Improvements
NewLeasesAgreementToFundGrowthCapitalImprovements
563600000 usd
CY2021Q2 unit Lessor Number Of Leases
LessorNumberOfLeases
2 lease
CY2022Q4 unit Indefeasible Rights Of Use Term
IndefeasibleRightsOfUseTerm
P20Y
CY2022Q4 unit Settlement Payable Fair Value Disclosure
SettlementPayableFairValueDisclosure
232350000 usd
CY2022Q4 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
4750497000 usd
CY2021Q4 unit Settlement Payable Fair Value Disclosure
SettlementPayableFairValueDisclosure
254725000 usd
CY2021Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
10413000 usd
CY2021Q4 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
5578491000 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
5260000000 usd
CY2022Q4 unit Settlement Payable
SettlementPayable
251100000 usd
CY2020 us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
7200000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
9728177000 usd
CY2021Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
9250151000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
5973630000 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
5741212000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3754547000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3508939000 usd
CY2022 us-gaap Depreciation
Depreciation
263000000 usd
CY2021 us-gaap Depreciation
Depreciation
261200000 usd
CY2020 us-gaap Depreciation
Depreciation
301200000 usd
CY2021Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
10788000 usd
CY2021Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
10788000 usd
CY2021Q4 us-gaap Derivative Assets
DerivativeAssets
0 usd
CY2021Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
21201000 usd
CY2021Q4 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
10788000 usd
CY2021Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
10413000 usd
CY2020 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-7700000 usd
CY2019Q2 us-gaap Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
50800000 usd
CY2022Q4 us-gaap Derivative Cap Price
DerivativeCapPrice
10.63
CY2022Q4 unit Premium Over The Last Reported Common Stock Sales Price Percentage
PremiumOverTheLastReportedCommonStockSalesPricePercentage
0.75
CY2022Q4 us-gaap Sale Of Stock Price Per Share
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6.075
CY2022 us-gaap Proceeds From Derivative Instrument Financing Activities
ProceedsFromDerivativeInstrumentFinancingActivities
1200000 usd
CY2020Q4 us-gaap Goodwill Gross
GoodwillGross
672878000 usd
CY2020Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
71000000 usd
CY2020Q4 us-gaap Goodwill
Goodwill
601878000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
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CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
240500000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
361378000 usd
CY2022Q4 us-gaap Goodwill Gross
GoodwillGross
672878000 usd
CY2022Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
311500000 usd
CY2022Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
479137000 usd
CY2021Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
479137000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
144291000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
114507000 usd
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
334846000 usd
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
364630000 usd
CY2022Q4 unit Finite Lived Intangible Liabilities Accumulated Amortization
FiniteLivedIntangibleLiabilitiesAccumulatedAmortization
24062000 usd
CY2021Q4 unit Finite Lived Intangible Liabilities Accumulated Amortization
FiniteLivedIntangibleLiabilitiesAccumulatedAmortization
13368000 usd
CY2022Q4 unit Finite Lived Intangible Liabilities Net
FiniteLivedIntangibleLiabilitiesNet
167092000 usd
CY2021Q4 unit Finite Lived Intangible Liabilities Net
FiniteLivedIntangibleLiabilitiesNet
177786000 usd
CY2022 us-gaap Finite Lived Intangible Assets Remaining Amortization Period1
FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1
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CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
29800000 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
29800000 usd
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
28200000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
29800000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
29700000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
29700000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
29700000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
29700000 usd
CY2022 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
10700000 usd
CY2021 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
10700000 usd
CY2020 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
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CY2022 unit Finite Lived Intangible Liabilities Remaining Amortization Period
FiniteLivedIntangibleLiabilitiesRemainingAmortizationPeriod
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CY2022Q4 us-gaap Below Market Lease Amortization Income Next Twelve Months
BelowMarketLeaseAmortizationIncomeNextTwelveMonths
10700000 usd
CY2022Q4 us-gaap Below Market Lease Amortization Income Year Two
BelowMarketLeaseAmortizationIncomeYearTwo
10700000 usd
CY2022Q4 us-gaap Below Market Lease Amortization Income Year Three
BelowMarketLeaseAmortizationIncomeYearThree
10700000 usd
CY2022Q4 us-gaap Below Market Lease Amortization Income Year Four
BelowMarketLeaseAmortizationIncomeYearFour
10700000 usd
CY2022Q4 us-gaap Below Market Lease Amortization Income Year Five
BelowMarketLeaseAmortizationIncomeYearFive
10700000 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
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CY2021Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
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CY2022Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
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CY2021Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
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CY2022Q4 us-gaap Long Term Debt
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CY2021Q4 us-gaap Long Term Debt
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CY2022Q4 us-gaap Debt Instrument Carrying Amount
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CY2022Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
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CY2021Q4 us-gaap Debt Instrument Carrying Amount
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CY2021Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
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CY2022 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
17500000 usd
CY2021 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
16500000 usd
CY2020 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
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CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
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CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
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CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
2250000000 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
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CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
306500000 usd
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
2380000000 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
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AllocatedShareBasedCompensationExpense
12800000 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
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CY2020 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
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CY2022 us-gaap Net Income Loss
NetIncomeLoss
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CY2021 us-gaap Net Income Loss
NetIncomeLoss
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CY2020 us-gaap Net Income Loss
NetIncomeLoss
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CY2022 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
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CY2021 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
1077000 usd
CY2020 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
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CY2022 us-gaap Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
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CY2021 us-gaap Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
10000 usd
CY2020 us-gaap Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
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CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
122573000 usd
CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
235567000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
232888000 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
203600000 shares
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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CY2020 us-gaap Earnings Per Share Basic
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CY2022 us-gaap Net Income Loss
NetIncomeLoss
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CY2021 us-gaap Net Income Loss
NetIncomeLoss
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CY2020 us-gaap Net Income Loss
NetIncomeLoss
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CY2022 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
1135000 usd
CY2021 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
1077000 usd
CY2020 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
1078000 usd
CY2022 us-gaap Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
20000 usd
CY2021 us-gaap Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
10000 usd
CY2020 us-gaap Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
9000 usd
CY2022 unit Impact On If Converted Dilutive Securities
ImpactOnIfConvertedDilutiveSecurities
0 usd
CY2021 unit Impact On If Converted Dilutive Securities
ImpactOnIfConvertedDilutiveSecurities
11926000 usd
CY2020 unit Impact On If Converted Dilutive Securities
ImpactOnIfConvertedDilutiveSecurities
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CY2022 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-9430000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
134499000 usd
CY2020 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
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CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
235567000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
232888000 shares
CY2022 us-gaap Revenues
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1128847000 usd
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
203600000 shares
CY2022 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
CY2021 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
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CY2020 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
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CY2022 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
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CY2020 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
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CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
235567000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
264077000 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
203600000 shares
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.04
CY2021 us-gaap Earnings Per Share Diluted
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CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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CY2022 us-gaap Number Of Reportable Segments
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CY2022 us-gaap Number Of Operating Segments
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CY2022 us-gaap Interest Expense
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CY2022 us-gaap Depreciation And Amortization
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292788000 usd
CY2022 unit Segment Reporting Information Other Income Expense Net
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CY2022 unit Transaction Related And Other Costs
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CY2022 us-gaap Gain Loss On Disposition Of Assets1
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CY2022 us-gaap Gains Losses On Sales Of Investment Real Estate
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CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
240500000 usd
CY2022 us-gaap Share Based Compensation
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CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2022 us-gaap Profit Loss
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CY2022 us-gaap Payments To Acquire Property Plant And Equipment
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CY2021 us-gaap Revenues
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CY2021 us-gaap Interest Expense
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CY2021 us-gaap Depreciation And Amortization
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CY2021 unit Segment Reporting Information Other Income Expense Net
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CY2021 unit Transaction Related And Other Costs
TransactionRelatedAndOtherCosts
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CY2021 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
28143000 usd
CY2021 us-gaap Gains Losses On Sales Of Investment Real Estate
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CY2021 us-gaap Share Based Compensation
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CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2021 unit Adjustments For Equity In Earnings From Unconsolidated Entities
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CY2021 us-gaap Profit Loss
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CY2021 us-gaap Payments To Acquire Property Plant And Equipment
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CY2020 us-gaap Revenues
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CY2020 unit Adjusted Earnings Before Interest Taxes Depreciation And Amortization
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CY2020 us-gaap Interest Expense
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CY2020 us-gaap Depreciation And Amortization
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CY2020 unit Segment Reporting Information Other Income Expense Net
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CY2020 us-gaap Litigation Settlement Expense
LitigationSettlementExpense
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CY2020 us-gaap Goodwill Impairment Loss
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71000000 usd
CY2020 unit Transaction Related And Other Costs
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CY2020 us-gaap Gains Losses On Sales Of Investment Real Estate
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CY2020 us-gaap Share Based Compensation
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CY2020 us-gaap Income Tax Expense Benefit
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CY2020 us-gaap Profit Loss
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CY2022Q4 us-gaap Assets
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CY2021Q4 us-gaap Assets
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CY2021Q3 unit Number Of Shareholders Filing Derivative Action
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CY2022Q4 unit Obligations Under Tax Matters Agreement
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CY2022 us-gaap Current Federal Tax Expense Benefit
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CY2021 us-gaap Current Federal Tax Expense Benefit
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CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
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CY2022 us-gaap Current State And Local Tax Expense Benefit
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CY2021 us-gaap Current State And Local Tax Expense Benefit
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CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
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CY2022 us-gaap Current Foreign Tax Expense Benefit
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CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
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CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
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CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
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CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
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CY2020 us-gaap Current Income Tax Expense Benefit
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CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2020 us-gaap Deferred Income Tax Expense Benefit
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CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
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CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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