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ASSET IMPAIRMENTS (Tables)
 9 Months Ended
Dec. 31, 2016
Asset Impairment Charges [Abstract]  
Summary of Combined Fair Value of Assets Incurred Impairments

The table below summarizes the combined fair value of the assets that incurred impairments during the quarters and nine-month periods ended December 31, 2016 and 2015, along with the amount of impairment.

 

 

 

Quarter Ended

 

 

Nine Months Ended

 

 

 

December 31,

 

 

December 31,

 

(In thousands)

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Number of vessels impaired during the period

 

 

74

 

 

 

14

 

 

 

115

 

 

 

47

 

Number of ROVs impaired during the period

 

 

—

 

 

 

—

 

 

 

8

 

 

 

—

 

Amount of impairment incurred

 

$

253,422

 

 

 

15,141

 

 

 

419,870

 

 

 

61,771

 

Combined fair value of assets incurring impairment

 

 

523,495

 

 

 

90,010

 

 

 

813,851

 

 

 

244,310