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FAIR VALUE MEASUREMENT (Tables)
6 Months Ended
Jun. 30, 2018
Fair Value Disclosures [Abstract]  
Assets and Liabilities Measured at Fair Value on a Recurring Basis
The following table presents for each of these hierarchy levels, the Company's financial assets and financial liabilities that are measured at fair value on a recurring basis:
 
Fair Value
Hierarchy
 
June 30, 2018
 
December 31, 2017
Assets:
 
 
 
 
 
Money market funds
Level I
 
$
218,940

 
$
5,949

Investment securities pledged as collateral
Level I
 
1,409,361

 
1,720,357

Prepaid forward contracts
Level II
 
110,630

 
52,545

Interest rate swap contracts
Level II
 
369

 

Liabilities:
 
 
 
 
 
Prepaid forward contracts
Level II
 
9,623

 
162,049

Interest rate swap contracts
Level II
 
123,470

 
77,902

Contingent consideration related to 2017 acquisitions
Level III
 
2,233

 
32,233

Schedule of Carrying Values and Estimated Fair Values of Debt Instruments
 
 
 
June 30, 2018
 
December 31, 2017
 
Fair Value
Hierarchy
 
Carrying
Amount (a)
 
Estimated
Fair Value
 
Carrying
Amount (a)
 
Estimated
Fair Value
CSC Holdings debt instruments:
 
 
 

 
 

 
 

 
 

Credit facility debt
Level II
 
$
4,435,479

 
$
4,470,000

 
$
3,393,306

 
$
3,435,000

Collateralized indebtedness
Level II
 
1,392,648

 
1,338,105

 
1,349,474

 
1,305,932

Senior guaranteed notes
Level II
 
3,283,795

 
3,195,375

 
2,291,185

 
2,420,000

Senior notes and debentures
Level II
 
6,107,472

 
6,727,849

 
6,409,889

 
7,221,846

Notes payable
Level II
 
36,161

 
35,962

 
56,956

 
55,289

Cablevision senior notes:
 
 
 
 
 
 
 
 
 
Senior notes and debentures
Level II
 
1,072,340

 
1,165,034

 
1,818,115

 
1,931,239

Cequel debt instruments:
 
 


 


 


 


Cequel credit facility debt
Level II
 
1,244,153

 
1,252,350

 
1,250,217

 
1,258,675

Senior secured notes
Level II
 
2,572,438

 
2,535,500

 
2,570,506

 
2,658,930

Senior notes
Level II
 
2,804,435

 
2,942,800

 
2,770,737

 
2,983,615

Notes payable
Level II
 
36,356

 
36,356

 
8,946

 
8,946

 
 
 
$
22,985,277

 
$
23,699,331

 
$
21,919,331

 
$
23,279,472

 
(a)
Amounts are net of unamortized deferred financing costs, premiums and discounts.