DERIVATIVE CONTRACTS AND COLLATERALIZED INDEBTEDNESS (Tables)

12 Months Ended

Dec. 31, 2023

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Interest Rate Derivatives

The following represents the location of the assets associated with our derivative instruments within the consolidated balance sheets:

Derivatives Not Designated as Hedging Instruments	Balance Sheet Location	Fair Value at December 31,
		2023		2022
Asset Derivatives:
Prepaid forward contracts	Derivative contracts	$	—	$	263,873
Interest rate swap contracts	Other assets, long-term	112,914		185,622
		$	112,914	$	449,495

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

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

	Years Ended December 31,
	2023		2022		2021
Gain (loss) on derivative contracts related to change in the value of equity derivative contracts related to Comcast common stock	$	(166,489)	$	425,815	$	85,911
Change in fair value of Comcast common stock included in gain (loss) on investments	192,010		(659,792)		(88,917)
Gain on interest rate swap contracts, net	32,664		271,788		92,735

Schedule of Interest Rate Swap Contracts

Interest Rate Swap Contract

In connection with the phase-out of LIBOR as of June 30, 2023, the Company entered into amendments to its existing interest rate swap contracts that transitioned the reference rates from LIBOR to SOFR. These amendments had no impact to our consolidated financial statements as we utilized the expedients set forth in FASB Topic 848, Reference Rate Reform. The following is a summary of the terms of the amended interest rate swap contracts:

		Notional Amount		Prior to Amendments		Subsequent to Amendments
	Maturity Date			Company Pays	Company Receives	Company Pays	Company Receives
CSC Holdings:
	January 2025 (a)	$	500,000	Fixed rate of 1.53%	Three-month LIBOR	Fixed rate of 1.3281%	One-month SOFR
	January 2025 (a)	500,000		Fixed rate of 1.625%	Three-month LIBOR	Fixed rate of 1.4223%	One-month SOFR
	January 2025 (a)	500,000		Fixed rate of 1.458%	Three-month LIBOR	Fixed rate of 1.2567%	One-month SOFR
	December 2026 (b)	750,000		Fixed rate of 2.9155%	Three-month LIBOR	Fixed rate of 2.7129%	One-month SOFR
	December 2026 (b)	750,000		Fixed rate of 2.9025%	Three-month LIBOR	Fixed rate of 2.6999%	One-month SOFR
Lightpath:
	December 2026 (a)	300,000		Fixed rate of 2.161%	One-month LIBOR	Fixed rate of 2.11%	One-month SOFR

(a)Amended rates effective June 15, 2023.

(b)Amended rates effective July 17, 2023.

In April 2023, Lightpath entered into an interest rate swap contract, effective June 2023 on a notional amount of $180,000, whereby Lightpath pays interest of 3.523% through December 2026 and receives interest based on one-month SOFR. This swap contract is also not designated as a hedge for accounting purposes. Accordingly, this contract is carried at its fair market value on our consolidated balance sheet, with changes in fair value reflected in the consolidated statements of operations.