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Related-Party Transactions
9 Months Ended
Sep. 30, 2011
Related Party Transactions [Abstract] 
Related-Party Transactions
Related-Party Transactions:
One of the Company’s current directors is a managing director of various investment funds affiliated with one of the Company’s greater than 5% stockholders. These funds own interest in a company that provides services to the Company’s customers, including handset insurance programs. Pursuant to the Company’s agreement with this related-party, the Company bills its customers directly for these services and remits the fees collected from its customers for these services to the related-party. In addition, the Company receives compensation for selling handsets to the related-party.
One of the Company’s current directors is the chairman of an equity firm that owns interest in a company that provides wireless caller ID with name services to the Company. Pursuant to an additional agreement with this related-party, the Company receives compensation for providing access to the Company’s line information database/calling name data storage to the related-party.
One of the Company’s current directors is a managing director of various investment funds affiliated with one of the Company’s greater than 5% stockholders. These funds own interest in a company that provides advertising services to the Company.
One of the Company’s current directors is a managing director of various investment funds affiliated with one of the Company’s greater than 5% stockholders. These funds own interest in a company that provides distributed antenna systems ("DAS") leases and maintenance to wireless carriers, including the Company. In addition, another of the Company’s current directors is a general partner of various investment funds which own interest in the same company. These DAS leases are accounted for as capital or operating leases in the Company’s financial statements.
Transactions associated with the related-parties described above are included in various line items in the accompanying condensed consolidated balance sheets, condensed consolidated statements of income and comprehensive income, and condensed consolidated statements of cash flows. The following tables summarize the transactions with related-parties (in millions):
 
 
September 30,
2011
 
December 31,
2010
Network service fees included in prepaid expenses
 
$
1.5

 
$
1.5

Receivables from related-party included in other current assets
 
1.0

 
0.6

DAS equipment included in property and equipment, net
 
379.3

 
366.4

Deferred network service fees included in other assets
 
8.6

 
9.9

Payments due to related-party included in accounts payable and accrued expenses
 
8.8

 
7.8

Current portion of capital lease obligations included in current maturities of long-term debt
 
6.5

 
5.2

Non-current portion of capital lease obligations included in long-term debt, net
 
233.9

 
215.4

Deferred DAS service fees included in other long-term liabilities
 
1.4

 
1.2


 
 
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
 
2011
 
2010
 
2011
 
2010
Fees received by the Company as compensation included in service revenues
 
$
4.0

 
$
3.4

 
$
11.4

 
$
8.5

Fees received by the Company as compensation included in equipment revenues
 
4.9

 
5.4

 
16.2

 
15.4

Fees paid by the Company for services and related expenses included in cost of service
 
6.7

 
5.7

 
17.7

 
16.3

Fees paid by the Company for services included in selling, general and administrative expenses
 
0.6

 
1.2

 
3.2

 
4.0

DAS equipment depreciation included in depreciation expense
 
8.7

 
6.0

 
27.2

 
17.7

Capital lease interest included in interest expense
 
4.9

 
3.6

 
14.3

 
10.6


 
 
Nine Months Ended September 30,
 
 
2011
 
2010
Capital lease payments included in financing activities
 
$
5.5

 
$
2.3