(12)	OTHER CURRENT ASSETS, PROPERTIES AND EQUIPMENT, OTHER ASSETS, ACCRUED EXPENSES, OTHER CURRENT LIABILITIES AND OTHER LIABILITIES

A summary of other current assets at June 30, 2018 and December 31, 2017 is as follows:

	Successor
	June 30,		December 31,
(In thousands)	2018		2017
Deposits	$	2,151		1,780
Investments held in rabbi trust (A)		45		8,908
Prepaid expenses		8,017		8,442
	$	10,213		19,130

(A)

The company converted substantially all investments held in the rabbi trust to cash to fund a lump sum benefit to the former CEO in May 2018. Refer to Note (6) for more information regarding this payment.

A summary of net properties and equipment at June 30, 2018 and December 31, 2017 is as follows:

	Successor
	June 30,		December 31,
(In thousands)	2018		2017
Properties and equipment:
Vessels and related equipment	$	836,773		850,268
Other properties and equipment		5,481		5,710
		842,254		855,978
Less accumulated depreciation and amortization		38,529		18,458
Net properties and equipment	$	803,725		837,520

A summary of other assets at June 30, 2018 and December 31, 2017 is as follows:

	Successor
	June 30,		December 31,
(In thousands)	2018		2017
Recoverable insurance losses	$	2,585		2,405
Investments held for supplemental savings plan accounts		5,274		6,583
Long-term deposits		13,763		16,217
Other		5,157		5,847
	$	26,779		31,052

A summary of accrued expenses at June 30, 2018 and December 31, 2017 is as follows:

	Successor
	June 30,		December 31,
(In thousands)	2018		2017
Payroll and related payables (B)	$	9,004		17,344
Commissions payable (C)		2,488		1,898
Accrued vessel expenses		28,701		27,222
Accrued interest expense		5,958		6,036
Other accrued expenses		3,161		2,306
	$	49,312		54,806

(B)

The balance at December 31, 2017 includes $8.9 million payable to the former CEO, which was paid in May 2018.

(C)

Excludes $30.2 million and $36.4 million of commissions due to Sonatide at June 30, 2018 and December 31, 2017,

respectively. These amounts are included in amounts due to affiliates.

A summary of other current liabilities at June 30, 2018 and December 31, 2017 is as follows:

	Successor
	June 30,		December 31,
(In thousands)	2018		2017
Taxes payable	$	15,988		10,326
Amounts payable to holders of General Unsecured Claims		—		8,474
Other		1,827		893
	$	17,815		19,693

A summary of other liabilities at June 30, 2018 and December 31, 2017 is as follows:

	Successor
	June 30,		December 31,
(In thousands)	2018		2017
Postretirement benefits liability	$	2,420		2,642
Pension liabilities		36,526		36,614
Deferred supplemental savings plan liability		5,277		6,592
Other		13,462		12,728
	$	57,685		58,576