AMERICAN TOWER CORPORATION AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (3) Consists of customer-related intangibles of approximately $15.5 million and network location intangibles of approximately $19.8 million.
The customer-related intangibles and network location intangibles are being amortized on a straight-line basis over periods of up to 20 years.
(4) The Company expects that the goodwill recorded will be deductible for tax purposes.
The goodwill was allocated to the Company’s international rental and management segment.
Uganda Acquisition—On December 8, 2011, the Company entered into a definitive agreement with MTN Group to establish a joint venture in Uganda.
The joint venture is controlled by a holding company of which a wholly owned subsidiary of the Company (the “ATC Uganda Subsidiary”) holds a 51% interest and a wholly owned subsidiary of MTN Group (the “MTN Uganda Subsidiary”) holds a 49% interest.
The joint venture is managed and controlled by the Company and owns a tower operations company in Uganda.
Pursuant to the agreement, the joint venture agreed to purchase a total of up to 1,000 existing communications sites from MTN Group’s operating subsidiary in Uganda, subject to customary closing conditions.
On June 29, 2012, the joint venture acquired 962 communications sites for an aggregate purchase price of $171.5 million, subject to post-closing adjustments.
The aggregate purchase price was subsequently increased to $173.2 million, subject to future post-closing adjustments.
Under the terms of the purchase agreement, legal title to certain of these communications sites will be transferred upon fulfillment of certain conditions by MTN Group.
Prior to the fulfillment of these conditions, the Company will operate and maintain control of these communications sites, and accordingly, reflect these sites in the allocation of purchase price and the consolidated operating results.
The following table summarizes the preliminary allocation of the aggregate purchase price consideration paid and the amounts of assets acquired and liabilities assumed based upon their estimated fair value at the date of acquisition (in thousands):
## Table 0 ##
(1) Consists of customer-related intangibles of approximately $36.5 million and network location intangibles of approximately $27.0 million.
The customer-related intangibles and network location intangibles are being amortized on a straight-line basis over periods of up to 20 years.
(2) The Company expects that the goodwill recorded will be not be deductible for tax purposes.
The goodwill was allocated to the Company’s international rental and management segment.
Germany Acquisition—On November 14, 2012, the Company entered into a definitive agreement to purchase communications sites from E-Plus Mobilfunk GmbH & Co.  KG.
On December 4, 2012, the Company completed the purchase of 2,031 communications sites, for an aggregate purchase price of $525.7 million.
Table 23 RECONCILIATION OF QUARTERLY GAAP TO NON-GAAP MEASURES
## Table 1 ##
The following table summarizes the loan grades applied to the various classes of the Company’s commercial loans and commercial real estate loans.
## Table 2 ##
In determining the allowance for credit losses, residential real estate loans and consumer loans are generally evaluated collectively after considering such factors as payment performance and recent loss experience and trends, which are mainly driven by current collateral values in the market place as well as the amount of loan defaults.
Loss rates on such loans are determined by reference to recent charge-off history and are evaluated (and adjusted if deemed appropriate) through consideration of other factors including near-term forecasted loss estimates developed by the Company’s credit department.
In arriving at such forecasts, the Company considers the current estimated fair value of its collateral based on geographical adjustments for home price depreciation/appreciation and overall borrower repayment performance.
With regard to collateral values, the realizability of such values by the Company contemplates repayment of any first lien position prior to recovering amounts on a second lien position.
However, residential real estate loans and outstanding balances of home equity loans and lines of credit that are more than 150 days past due are generally evaluated for collectibility on a loan-by-loan basis by giving consideration to estimated collateral values.
The carrying value of residential real estate loans and home equity loans and lines of credit for which a partial charge-off has been recognized totaled $29 million and $23 million, respectively, at December 31, 2018 and $34 million and $25 million, respectively, at December 31, 2017.
Residential real estate loans and home equity loans and lines of credit that were more than 150 days past due but did not require a partial charge-off because the net realizable value of the collateral exceeded the outstanding customer balance were $21 million and $31 million, respectively, at December 31, 2018 and $20 million and $32 million, respectively, at December 31, 2017.
The Company also measures additional losses for purchased impaired loans when it is probable that the Company will be unable to collect all cash flows expected at acquisition plus additional cash flows expected to be collected arising from changes in estimates after acquisition.
The determination of the allocated portion of the allowance for credit losses is very subjective.
Given that inherent subjectivity and potential imprecision involved in determining the allocated portion of the allowance for credit losses, the Company also provides an inherent unallocated portion of the allowance.
The unallocated portion of the allowance is intended to recognize probable losses that are not otherwise identifiable and includes management’s subjective determination of amounts necessary to provide for the possible use of imprecise estimates in determining the allocated portion of the allowance.
Therefore, the level of the unallocated portion of the allowance is primarily reflective of the inherent

Tables referenced above, in order (Table 0 first):
<table><tr><td></td><td>Preliminary Purchase Price Allocation</td></tr><tr><td>Non-current assets</td><td>$2,258</td></tr><tr><td>Property and equipment</td><td>102,366</td></tr><tr><td>Intangible assets -1</td><td>63,500</td></tr><tr><td>Other non-current liabilities</td><td>-7,528</td></tr><tr><td>Fair value of net assets acquired</td><td>$160,596</td></tr><tr><td>Goodwill -2</td><td>12,564</td></tr></table>
<table><tr><td></td><td colspan="4">2018 Quarters</td><td colspan="4">2017 Quarters</td></tr><tr><td></td><td>Fourth</td><td>Third</td><td>Second</td><td>First</td><td>Fourth</td><td>Third</td><td>Second</td><td>First</td></tr><tr><td>Income statement data (in thousands, except per share)</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Net income</td><td>$546,219</td><td>526,091</td><td>493,160</td><td>352,610</td><td>322,403</td><td>355,923</td><td>381,053</td><td>348,927</td></tr><tr><td>Amortization of core deposit and otherintangible assets (a)</td><td>3,950</td><td>4,528</td><td>4,709</td><td>4,888</td><td>4,261</td><td>4,735</td><td>4,921</td><td>5,108</td></tr><tr><td>Net operating income</td><td>$550,169</td><td>530,619</td><td>497,869</td><td>357,498</td><td>326,664</td><td>360,658</td><td>385,974</td><td>354,035</td></tr><tr><td>Earnings per common share</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Diluted earnings per common share</td><td>$3.76</td><td>3.53</td><td>3.26</td><td>2.23</td><td>2.01</td><td>2.21</td><td>2.35</td><td>2.12</td></tr><tr><td>Amortization of core deposit and otherintangible assets (a)</td><td>.03</td><td>.03</td><td>.03</td><td>.03</td><td>.03</td><td>.03</td><td>.03</td><td>.03</td></tr><tr><td>Diluted net operating earnings percommon share</td><td>$3.79</td><td>3.56</td><td>3.29</td><td>2.26</td><td>2.04</td><td>2.24</td><td>2.38</td><td>2.15</td></tr><tr><td>Other expense</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Other expense</td><td>$802,162</td><td>775,979</td><td>776,577</td><td>933,344</td><td>795,813</td><td>806,025</td><td>750,635</td><td>787,852</td></tr><tr><td>Amortization of core deposit and otherintangible assets</td><td>-5,359</td><td>-6,143</td><td>-6,388</td><td>-6,632</td><td>-7,025</td><td>-7,808</td><td>-8,113</td><td>-8,420</td></tr><tr><td>Noninterest operating expense</td><td>$796,803</td><td>769,836</td><td>770,189</td><td>926,712</td><td>788,788</td><td>798,217</td><td>742,522</td><td>779,432</td></tr><tr><td>Efficiency ratio</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Noninterest operating expense (numerator)</td><td>$796,803</td><td>769,836</td><td>770,189</td><td>926,712</td><td>788,788</td><td>798,217</td><td>742,522</td><td>779,432</td></tr><tr><td>Taxable-equivalent net interest income</td><td>1,064,918</td><td>1,034,771</td><td>1,014,184</td><td>980,326</td><td>980,457</td><td>965,962</td><td>946,936</td><td>922,259</td></tr><tr><td>Other income</td><td>480,596</td><td>459,294</td><td>457,414</td><td>458,696</td><td>484,053</td><td>459,429</td><td>460,816</td><td>446,845</td></tr><tr><td>Less: Gain (loss) on bank investmentsecurities</td><td>4,219</td><td>-3,415</td><td>2,326</td><td>-9,431</td><td>21,296</td><td>—</td><td>-17</td><td>—</td></tr><tr><td>Denominator</td><td>$1,541,295</td><td>1,497,480</td><td>1,469,272</td><td>1,448,453</td><td>1,443,214</td><td>1,425,391</td><td>1,407,769</td><td>1,369,104</td></tr><tr><td>Efficiency ratio</td><td>51.70%</td><td>51.41%</td><td>52.42%</td><td>63.98%</td><td>54.65%</td><td>56.00%</td><td>52.74%</td><td>56.93%</td></tr><tr><td>Balance sheet data (in millions)</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Average assets</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Average assets</td><td>$117,799</td><td>115,997</td><td>116,413</td><td>117,684</td><td>120,226</td><td>119,515</td><td>120,765</td><td>122,978</td></tr><tr><td>Goodwill</td><td>-4,593</td><td>-4,593</td><td>-4,593</td><td>-4,593</td><td>-4,593</td><td>-4,593</td><td>-4,593</td><td>-4,593</td></tr><tr><td>Core deposit and other intangible assets</td><td>-50</td><td>-55</td><td>-62</td><td>-68</td><td>-75</td><td>-82</td><td>-90</td><td>-98</td></tr><tr><td>Deferred taxes</td><td>13</td><td>14</td><td>17</td><td>18</td><td>26</td><td>32</td><td>35</td><td>39</td></tr><tr><td>Average tangible assets</td><td>$113,169</td><td>111,363</td><td>111,775</td><td>113,041</td><td>115,584</td><td>114,872</td><td>116,117</td><td>118,326</td></tr><tr><td>Average common equity</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Average total equity</td><td>$15,389</td><td>15,549</td><td>15,533</td><td>16,059</td><td>16,271</td><td>16,301</td><td>16,285</td><td>16,323</td></tr><tr><td>Preferred stock</td><td>-1,232</td><td>-1,232</td><td>-1,232</td><td>-1,232</td><td>-1,232</td><td>-1,232</td><td>-1,232</td><td>-1,232</td></tr><tr><td>Average common equity</td><td>14,157</td><td>14,317</td><td>14,301</td><td>14,827</td><td>15,039</td><td>15,069</td><td>15,053</td><td>15,091</td></tr><tr><td>Goodwill</td><td>-4,593</td><td>-4,593</td><td>-4,593</td><td>-4,593</td><td>-4,593</td><td>-4,593</td><td>-4,593</td><td>-4,593</td></tr><tr><td>Core deposit and other intangible assets</td><td>-50</td><td>-55</td><td>-62</td><td>-68</td><td>-75</td><td>-82</td><td>-90</td><td>-98</td></tr><tr><td>Deferred taxes</td><td>13</td><td>14</td><td>17</td><td>18</td><td>26</td><td>32</td><td>35</td><td>39</td></tr><tr><td>Average tangible common equity</td><td>$9,527</td><td>9,683</td><td>9,663</td><td>10,184</td><td>10,397</td><td>10,426</td><td>10,405</td><td>10,439</td></tr><tr><td>At end of quarter</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total assets</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total assets</td><td>$120,097</td><td>116,828</td><td>118,426</td><td>118,623</td><td>118,593</td><td>120,402</td><td>120,897</td><td>123,223</td></tr><tr><td>Goodwill</td><td>-4,593</td><td>-4,593</td><td>-4,593</td><td>-4,593</td><td>-4,593</td><td>-4,593</td><td>-4,593</td><td>-4,593</td></tr><tr><td>Core deposit and other intangible assets</td><td>-47</td><td>-52</td><td>-59</td><td>-65</td><td>-72</td><td>-79</td><td>-86</td><td>-95</td></tr><tr><td>Deferred taxes</td><td>13</td><td>14</td><td>16</td><td>17</td><td>19</td><td>31</td><td>33</td><td>38</td></tr><tr><td>Total tangible assets</td><td>$115,470</td><td>112,197</td><td>113,790</td><td>113,982</td><td>113,947</td><td>115,761</td><td>116,251</td><td>118,573</td></tr><tr><td>Total common equity</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Total equity</td><td>$15,460</td><td>15,436</td><td>15,578</td><td>15,710</td><td>16,251</td><td>16,318</td><td>16,284</td><td>16,213</td></tr><tr><td>Preferred stock</td><td>-1,232</td><td>-1,232</td><td>-1,232</td><td>-1,232</td><td>-1,232</td><td>-1,232</td><td>-1,232</td><td>-1,232</td></tr><tr><td>Undeclared dividends - cumulativepreferred stock</td><td>-3</td><td>-3</td><td>-3</td><td>-3</td><td>-3</td><td>-3</td><td>-3</td><td>-3</td></tr><tr><td>Common equity, net of undeclaredcumulative preferred dividends</td><td>14,225</td><td>14,201</td><td>14,343</td><td>14,475</td><td>15,016</td><td>15,083</td><td>15,049</td><td>14,978</td></tr><tr><td>Goodwill</td><td>-4,593</td><td>-4,593</td><td>-4,593</td><td>-4,593</td><td>-4,593</td><td>-4,593</td><td>-4,593</td><td>-4,593</td></tr><tr><td>Core deposit and other intangible assets</td><td>-47</td><td>-52</td><td>-59</td><td>-65</td><td>-72</td><td>-79</td><td>-86</td><td>-95</td></tr><tr><td>Deferred taxes</td><td>13</td><td>14</td><td>16</td><td>17</td><td>19</td><td>31</td><td>33</td><td>38</td></tr><tr><td>Total tangible common equity</td><td>$9,598</td><td>9,570</td><td>9,707</td><td>9,834</td><td>10,370</td><td>10,442</td><td>10,403</td><td>10,328</td></tr></table>
<table><tr><td></td><td></td><td colspan="3">Real Estate</td></tr><tr><td></td><td>Commercial, Financial, Leasing, etc.</td><td>Commercial</td><td>Residential Builder and Developer</td><td>Other Commercial Construction</td></tr><tr><td></td><td colspan="4">(In thousands)</td></tr><tr><td>December 31, 2018</td><td></td><td></td><td></td><td></td></tr><tr><td>Pass</td><td>$21,693,705</td><td>24,539,706</td><td>1,546,002</td><td>6,890,562</td></tr><tr><td>Criticized accrual</td><td>1,049,848</td><td>866,987</td><td>139,509</td><td>150,115</td></tr><tr><td>Criticized nonaccrual</td><td>234,423</td><td>203,672</td><td>4,798</td><td>22,205</td></tr><tr><td>Total</td><td>$22,977,976</td><td>25,610,365</td><td>1,690,309</td><td>7,062,882</td></tr><tr><td>December 31, 2017</td><td></td><td></td><td></td><td></td></tr><tr><td>Pass</td><td>$20,490,486</td><td>24,380,184</td><td>1,485,148</td><td>6,270,812</td></tr><tr><td>Criticized accrual</td><td>1,011,174</td><td>723,777</td><td>140,119</td><td>164,812</td></tr><tr><td>Criticized nonaccrual</td><td>240,991</td><td>184,982</td><td>6,451</td><td>10,088</td></tr><tr><td>Total</td><td>$21,742,651</td><td>25,288,943</td><td>1,631,718</td><td>6,445,712</td></tr></table>

Question: for the mtn group acquisition , what was the cost per tower ? .
Answer: 180042
Reasoning program: multiply(173.2,const_1000000), divide(#0,962)