XML 66 R46.htm IDEA: XBRL DOCUMENT v3.25.0.1
DERIVATIVE CONTRACTS AND COLLATERALIZED INDEBTEDNESS (Tables)
 12 Months Ended
Dec. 31, 2024
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 InstrumentsBalance Sheet LocationFair Value at December 31,
20242023
Asset Derivatives:
Interest rate swap contractsOther assets, long-term$8,466 $112,914 
Location of Assets and Liabilities Associated With Derivative Instruments Within the Condensed Consolidated Balance Sheets
The following table presents certain consolidated statement of operations data related to our derivative contracts and the underlying Comcast common stock:
Years Ended December 31,
202420232022
Gain (loss) on derivative contracts related to change in the value of equity derivative contracts related to Comcast common stock$— $(166,489)$425,815 
Change in fair value of Comcast common stock included in gain (loss) on investments— 192,010 (659,792)
Gain on interest rate swap contracts, net 18,632 32,664 271,788 
Schedule of Interest Rate Swap Contracts
Interest Rate Swap Contracts
The following is a summary of the terms of our interest rate swap contracts outstanding at December 31, 2024:
Maturity DateNotional AmountCompany PaysCompany Receives
Lightpath:
December 2026 $300,000 
Fixed rate of 2.11%
One-month SOFR
December 2026180,000 
Fixed rate of 3.523%
One-month SOFR
December 202695,000 
Fixed rate of 3.979%
One-month SOFR