DERIVATIVE CONTRACTS AND COLLATERALIZED INDEBTEDNESS (Tables)

6 Months Ended

Jun. 30, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Interest Rate Derivatives

The following represents the location of the assets and liabilities associated with the Company's derivative instruments within the consolidated balance sheets:

Derivatives Not Designated as Hedging Instruments	Balance Sheet Location	Fair Value at
		June 30, 2020		December 31, 2019
Asset Derivatives:
Interest rate swap contracts	Derivative contracts, long-term	$	4,058	$	—
Prepaid forward contracts	Derivative contracts, long-term	221,733		25,207
		225,791		25,207
Liability Derivatives:
Interest rate swap contracts	Other current liabilities	(4,016)		(469)
Prepaid forward contracts	Liabilities under derivative contracts, long-term	(3,520)		(94,795)
Interest rate swap contracts	Liabilities under derivative contracts, long-term	(309,396)		(160,871)
		$	(316,932)	$	(256,135)

Location of Assets and Liabilities Associated With Derivative Instruments Within the Condensed Consolidated Balance Sheets

The following table presents certain statement of operations data related to our derivative contracts and the underlying common stock:

	Three Months Ended June 30,				Six Months Ended June 30,
	2020		2019		2020		2019
Gain (loss) on derivative contracts related to change in the value of equity derivative contracts related to Comcast common stock	$	(152,061)	$	(49,624)	$	287,800	$	(226,653)
Change in the fair value of Comcast common stock included in gain (loss) on investments	197,594		98,794		(257,302)		353,519
Loss on interest rate swap contracts, net of a gain of $74,835 recorded in the 2020 six month period in connection with the early termination of the swap agreements discussed below	(33,735)		(26,900)		(88,567)		(50,572)

Schedule of Collateralized Debt Settlement

The following is a summary of interest rate swap contracts outstanding at June 30, 2020:

Trade Date	Maturity Date	Notional Amount		Company Pays	Company Receives
December 2018	January 2025	$	500,000	Fixed rate of 1.53%	Three-month LIBOR
December 2018	January 2022	500,000		Fixed rate of 2.733%	Three-month LIBOR
December 2018	January 2025	500,000		Fixed rate of 1.625%	Three-month LIBOR
December 2018	December 2026	750,000		Fixed rate of 2.9155%	Three-month LIBOR
December 2018	December 2026	750,000		Fixed rate of 2.9025%	Three-month LIBOR
March 2020	January 2025	500,000		Fixed rate of 1.458%	Three-month LIBOR
March 2020	January 2022	500,000		Three-month LIBOR	Fixed rate of 2.733%
April 2020	April 2021	2,850,000		Six-month LIBOR minus 0.5185%	One-month LIBOR