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DERIVATIVE CONTRACTS AND COLLATERALIZED INDEBTEDNESS (Tables) | 6 Months Ended
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Jun. 30, 2021
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, 2021 |  | December 31, 2020
Asset Derivatives: |  |  |  |  |  |
Interest rate swap contracts |  | Derivative contracts, short-term |  | $ | 3,967 |  |  | $ | 5,132 |
Prepaid forward contracts |  | Derivative contracts, short-term |  | — |  |  | 45,653 |
Interest rate swap contracts |  | Derivative contracts, long-term |  | — |  |  | 4,774 |
|  |  |  | 3,967 |  |  | 55,559 |
Liability Derivatives: |  |  |  |  |  |
Prepaid forward contracts |  | Other current liabilities |  | — |  |  | (45,653) |
Interest rate swap contracts |  | Other current liabilities |  | (9,898) |  |  | — |
Prepaid forward contracts |  | Liabilities under derivative contracts, long-term |  | (400,258) |  |  | (247,853) |
Interest rate swap contracts |  | Liabilities under derivative contracts, long-term |  | (179,993) |  |  | (275,297) |
|  |  |  | $ | (590,149) |  |  | $ | (568,803) |
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 common stock:
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2021 |  | 2020 |  | 2021 |  | 2020
Gain (loss) on derivative contracts related to change in the value of equity derivative contracts related to Comcast common stock | $ | (98,840) |  |  | $ | (152,061) |  |  | $ | (152,405) |  |  | $ | 287,800 |
Change in the fair value of Comcast common stock included in gain (loss) on investments | 125,000 |  |  | 197,594 |  |  | 198,453 |  |  | (257,302) |
Gain (loss) on interest rate swap contracts, net of a gain of $74,835 recorded in the six months 2020 period in connection with the early termination of the swap agreements discussed below | (21,574) |  |  | (33,735) |  |  | 54,079 |  |  | (88,567) |
In March 2020, the Company terminated two swap agreements whereby the Company was paying a floating rate of interest and receiving a fixed rate of interest on an aggregate notional value of $1,500,000. These contracts were due to mature in May 2026. In connection with the early termination, the Company received cash of $74,835 which has been recorded in loss on interest swap contracts, net in our consolidated statement of operations and presented in operating activities in our consolidated statement of cash flows. In addition, in March 2020, the Company executed amendments to two interest swap contracts that reduced the fixed rate of interest that the Company was paying on an aggregate notional value of $1,000,000 and extended the maturity date of the contracts to January 15, 2025 from January 15, 2022.
Schedule of Collateralized Debt Settlement | The following is a summary of interest rate swap contracts outstanding at June 30, 2021:
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%

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- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=125515794&loc=SL5624163-113959 + Details
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