v3.25.4
DERIVATIVE CONTRACTS AND COLLATERALIZED INDEBTEDNESS (Tables)
 12 Months Ended
Dec. 31, 2025
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,
20252024
Asset Derivatives:
Interest rate swap contractsPrepaid expenses and other current assets$2,274 $— 
Interest rate swap contractsOther assets, long-term— 8,466 
Liability Derivatives:
Interest rate swap contractsOther current liabilities$1,342 $— 
Location of Assets and Liabilities Associated With Derivative Instruments Within the Condensed Consolidated Balance Sheets
The following table presents certain consolidated statement of operations data related to our derivative contracts and the underlying Comcast common stock:
Years Ended December 31,
202520242023
Loss on derivative contracts related to change in the value of equity derivative contracts related to Comcast common stock$— $— $(166,489)
Change in fair value of Comcast common stock included in gain on investments— — 192,010 
Gain on interest rate swap contracts, net 613 18,632 32,664 
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, 2025:
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