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Related-Party Transactions
12 Months Ended
Dec. 31, 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 an 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. This company was a related-party through October 2011.
One of the Company’s current directors is the chairman of an equity firm that owns an interest in a company that provides network cost management solutions 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 an 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 an 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 an 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 consolidated balance sheets, consolidated statements of income and comprehensive income, and consolidated statements of cash flows. The following tables summarize the transactions with related-parties (in millions):
 
 
2011
 
2010
Network service fees included in prepaid expenses
 
$
1.5

 
$
1.5

Receivables from related-party included in other current assets
 
0.7

 
0.6

DAS and other assets included in property and equipment, net
 
383.6

 
366.4

Deferred network service fees included in other assets
 
8.2

 
9.9

Payments due to related-party included in accounts payable and accrued expenses
 
6.6

 
7.8

Current portion of capital lease obligations included in current maturities of long-term debt
 
7.1

 
5.2

Non-current portion of capital lease obligations included in long-term debt, net
 
240.1

 
215.4

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

 
1.2


 
 
 
Year Ended December 31,
 
 
2011
 
2010
 
2009
Fees received by the Company as compensation included in service revenues
 
$
14.1

 
$
11.7

 
$
7.6

Fees received by the Company as compensation included in equipment revenues
 
19.7

 
17.9

 
16.4

Fees paid by the Company for services and related expenses included in cost of service
 
21.4

 
22.3

 
19.3

Fees paid by the Company for services included in selling, general and administrative expenses
 
5.4

 
5.8

 
5.7

DAS and other assets depreciation included in depreciation expense
 
36.4

 
28.7

 
18.6

Capital lease interest included in interest expense
 
19.1

 
14.4

 
11.6


 
 
Year Ended December 31,
 
 
2011
 
2010
 
2009
Capital lease payments included in financing activities
 
$
6.9

 
$
2.9

 
$
2.8



One of the Company's current directors is an officer of a company whose wholly-owned subsidiaries provide rating and market research services to the Company. The Company paid approximately $0.4 million, $1.0 million and $0.4 million to these companies for these services during the years ended December 31, 2011, 2010 and 2009, respectively. The majority of these costs were associated with the issuance of long-term debt and were capitalized as deferred debt issuance costs within other assets in the accompanying consolidated balance sheets. The costs are being amortized to interest expense over the life of the related debt.