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ASSET IMPAIRMENTS (Tables)
 3 Months Ended
Jun. 30, 2017
Asset Impairment Charges [Abstract]  
Summary of Combined Fair Value of Assets Incurred Impairments

The below table summarizes the combined fair value of the assets that incurred impairments during the quarters ended June 30, 2017 and 2016, along with the amount of impairment.

 

 

 

Quarter Ended

 

 

 

June 30,

 

(In thousands)

 

2017

 

 

2016

 

Number of vessels impaired in the period

 

 

77

 

 

 

19

 

Amount of impairment incurred

 

$

163,423

 

 

$

36,886

 

Combined fair value of assets incurring impairment

 

 

567,975

 

 

 

155,400