SBA Communications (SBAC) DEF 14A12 Apr 23Definitive proxyFinancial data

Company Profile

Cover

Cover	12 Months Ended
Cover	Dec. 31, 2022
Document Information [Line Items]
Document Type	DEF 14A
Amendment Flag	false
Entity Information [Line Items]
Entity Registrant Name	SBA Communications Corporation
Entity Central Index Key	0001034054

Pay vs Performance Disclosure

Pay vs Performance Disclosure	12 Months Ended
Pay vs Performance Disclosure	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)
Pay vs Performance Disclosure [Table]
Pay vs Performance [Table Text Block]	Pay Versus Performance As required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act, and Item 402(v) of Regulation S-K, pay-for-performance performance refer Year Summary Compensation Average for Non-PEO Average Non-PEO Value of Initial Fixed $100 Net Income AFFO per Total Peer Group (a) (b) (c) (d) (e) (f) (g) (h) (i) 2022 $13,334,754 ($4,794,761) $5,207,307 ($1,385,547) $119.01 $100.87 $461,429 $12.25 2021 $9,995,179 $32,023,793 $3,949,044 $11,961,853 $163.70 $140.99 $237,624 $10.74 2020 $12,819,044 $26,154,495 $4,956,287 $9,750,582 $117.81 $105.39 $24,104 $9.43 Column (b) Column (c) Year 2020 2021 2022 CEO Mr. Stoops Mr. Stoops Mr. Stoops SCT Total Compensation ($) 12,819,044 9,995,179 13,334,754 Less: Stock and Option Award Values Reported in SCT for the Covered Year on Grant Date ($) (10,198,671 ) (7,172,549 ) (9,901,690 ) Plus: Fair Value for Stock and Option Awards Granted in the Covered Year at Year-End 9,276,084 13,925,505 7,855,626 Change in Fair Value of Outstanding Unvested Stock and Option Awards from Prior Years ($) 6,726,551 20,039,610 (11,218,937 ) Change in Fair Value of Stock and Option Awards from Prior Years that Vested in the Covered Year ($) 7,531,487 (4,763,952 ) (4,864,514 ) Less: Fair Value of Stock and Option Awards Forfeited during the Covered Year ($) — — — Compensation Actually Paid ($) 26,154,495 32,023,793 (4,794,761 ) Equity Valuations: For performance restricted stock unit awards, the grant date fair value of awards used for SCT calculations assumes target performance. To determine the year-end year-end year-end Column (d) non-CEO Column (e) non-CEO non-CEO non-CEO Year 2020 2021 2022 Non-CEO See column (d) note See column (d) note See column (d) note SCT Total Compensation ($) 4,956,287 3,949,044 5,207,307 Less: Stock and Option Award Values Reported in SCT for the Covered Year ($) (3,734,188 ) (2,585,499 ) (3,598,186 ) Plus: Fair Value for Stock and Option Awards Granted in the Covered Year ($) 3,396,388 5,019,747 2,854,664 Change in Fair Value of Outstanding Unvested Stock and Option Awards from Prior Years ($) 2,427,861 7,293,395 (4,086,208 ) Change in Fair Value of Stock and Option Awards from Prior Years that Vested in the Covered Year ($) 2,704,234 (1,714,834 ) (1,763,124 ) Less: Fair Value of Stock and Option Awards Forfeited during the Covered Year ($) — — — Compensation Actually Paid ($) 9,750,582 11,961,853 (1,385,547 ) Equity Valuations: For performance restricted stock unit awards, the grant date fair value of awards used for SCT calculations assumes target performance. To determine the year-end year-end year-end Column (f) Column (g Column (h) 10-K Column (i)
Company Selected Measure Name	AFFO per Share
Named Executive Officers, Footnote [Text Block]	The following non-CEO
Peer Group Issuers, Footnote [Text Block]	Column (g
PEO Total Compensation Amount	$ 13,334,754	$ 9,995,179	$ 12,819,044
PEO Actually Paid Compensation Amount	$ (4,794,761)	32,023,793	26,154,495
Adjustment To PEO Compensation, Footnote [Text Block]	Column (c) Year 2020 2021 2022 CEO Mr. Stoops Mr. Stoops Mr. Stoops SCT Total Compensation ($) 12,819,044 9,995,179 13,334,754 Less: Stock and Option Award Values Reported in SCT for the Covered Year on Grant Date ($) (10,198,671 ) (7,172,549 ) (9,901,690 ) Plus: Fair Value for Stock and Option Awards Granted in the Covered Year at Year-End 9,276,084 13,925,505 7,855,626 Change in Fair Value of Outstanding Unvested Stock and Option Awards from Prior Years ($) 6,726,551 20,039,610 (11,218,937 ) Change in Fair Value of Stock and Option Awards from Prior Years that Vested in the Covered Year ($) 7,531,487 (4,763,952 ) (4,864,514 ) Less: Fair Value of Stock and Option Awards Forfeited during the Covered Year ($) — — — Compensation Actually Paid ($) 26,154,495 32,023,793 (4,794,761 ) Equity Valuations: For performance restricted stock unit awards, the grant date fair value of awards used for SCT calculations assumes target performance. To determine the year-end year-end year-end
Non-PEO NEO Average Total Compensation Amount	$ 5,207,307	3,949,044	4,956,287
Non-PEO NEO Average Compensation Actually Paid Amount	$ (1,385,547)	11,961,853	9,750,582
Adjustment to Non-PEO NEO Compensation Footnote [Text Block]	Column (e) non-CEO non-CEO non-CEO Year 2020 2021 2022 Non-CEO See column (d) note See column (d) note See column (d) note SCT Total Compensation ($) 4,956,287 3,949,044 5,207,307 Less: Stock and Option Award Values Reported in SCT for the Covered Year ($) (3,734,188 ) (2,585,499 ) (3,598,186 ) Plus: Fair Value for Stock and Option Awards Granted in the Covered Year ($) 3,396,388 5,019,747 2,854,664 Change in Fair Value of Outstanding Unvested Stock and Option Awards from Prior Years ($) 2,427,861 7,293,395 (4,086,208 ) Change in Fair Value of Stock and Option Awards from Prior Years that Vested in the Covered Year ($) 2,704,234 (1,714,834 ) (1,763,124 ) Less: Fair Value of Stock and Option Awards Forfeited during the Covered Year ($) — — — Compensation Actually Paid ($) 9,750,582 11,961,853 (1,385,547 ) Equity Valuations: For performance restricted stock unit awards, the grant date fair value of awards used for SCT calculations assumes target performance. To determine the year-end year-end year-end
Compensation Actually Paid vs. Total Shareholder Return [Text Block]
Compensation Actually Paid vs. Net Income [Text Block]
Compensation Actually Paid vs. Company Selected Measure [Text Block]
Total Shareholder Return Vs Peer Group [Text Block]
Tabular List [Table Text Block]	Listed below are the financial and non-financial Measure Nature Explanation AFFO per Share Financial measure Non-GAAP non-cash non-cash non-cash non-cash non-real non-discretionary non-core Annualized Adjusted EBITDA Financial measure Non-GAAP non-cash non-cash non-cash non-core Relative TSR Financial measure SBA’s TSR performance against the S&P 500 over a three-year period.
Total Shareholder Return Amount	$ 119.01	163.7	117.81
Peer Group Total Shareholder Return Amount	100.87	140.99	105.39
Net Income (Loss)	$ 461,429,000	$ 237,624,000	$ 24,104,000
Company Selected Measure Amount	12.25	10.74	9.43
PEO Name	Jeffrey A. Stoops
Measure [Axis]: 1
Pay vs Performance Disclosure [Table]
Measure Name	AFFO per Share
Non-GAAP Measure Description [Text Block]	Non-GAAP non-cash non-cash non-cash non-cash non-real non-discretionary non-core
Measure [Axis]: 2
Pay vs Performance Disclosure [Table]
Measure Name	Annualized Adjusted EBITDA
Measure [Axis]: 3
Pay vs Performance Disclosure [Table]
Measure Name	Relative TSR
PEO [Member] \| Stock and Option Award Values Reported in SCT for the Covered Year on Grant Date [Member]
Pay vs Performance Disclosure [Table]
Adjustment to Compensation Amount	$ (9,901,690)	$ (7,172,549)	$ (10,198,671)
PEO [Member] \| Fair Value for Stock and Option Awards Granted in the Covered Year at YearEnd [Member]
Pay vs Performance Disclosure [Table]
Adjustment to Compensation Amount	7,855,626	13,925,505	9,276,084
PEO [Member] \| Change in Fair Value of Outstanding Unvested Stock and Option Awards from Prior Years [Member]
Pay vs Performance Disclosure [Table]
Adjustment to Compensation Amount	(11,218,937)	20,039,610	6,726,551
PEO [Member] \| Change in Fair Value of Stock and Option Awards from Prior Years that Vested in the Covered Year [Member]
Pay vs Performance Disclosure [Table]
Adjustment to Compensation Amount	(4,864,514)	(4,763,952)	7,531,487
Non-PEO NEO [Member] \| Stock and Option Award Values Reported in SCT for the Covered Year on Grant Date [Member]
Pay vs Performance Disclosure [Table]
Adjustment to Compensation Amount	(3,598,186)	(2,585,499)	(3,734,188)
Non-PEO NEO [Member] \| Fair Value for Stock and Option Awards Granted in the Covered Year at YearEnd [Member]
Pay vs Performance Disclosure [Table]
Adjustment to Compensation Amount	2,854,664	5,019,747	3,396,388
Non-PEO NEO [Member] \| Change in Fair Value of Outstanding Unvested Stock and Option Awards from Prior Years [Member]
Pay vs Performance Disclosure [Table]
Adjustment to Compensation Amount	(4,086,208)	7,293,395	2,427,861
Non-PEO NEO [Member] \| Change in Fair Value of Stock and Option Awards from Prior Years that Vested in the Covered Year [Member]
Pay vs Performance Disclosure [Table]
Adjustment to Compensation Amount	$ (1,763,124)	$ (1,714,834)	$ 2,704,234