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REVENUE RECOGNITION (Tables)
9 Months Ended
Sep. 30, 2018
Revenue From Contract With Customer [Abstract]  
Schedule of Segment Reporting Information, Revenue by Vessel

 

The following tables disclose the amount of revenue by segment and in total for the worldwide fleet:

 

 

 

Successor

 

 

 

Predecessor

 

 

 

 

 

 

 

Period from

 

 

 

Period from

 

 

 

Three Months

 

 

August 1, 2017

 

 

 

July 1, 2017

 

 

 

Ended

 

 

through

 

 

 

through

 

(In thousands)

 

September 30, 2018

 

 

September 30, 2017

 

 

 

July 31, 2017

 

Vessel revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

Americas

 

$

28,039

 

 

 

17,449

 

 

 

 

8,961

 

Middle East/Asia Pacific

 

 

19,927

 

 

 

16,669

 

 

 

 

8,547

 

Europe/Mediterranean Sea

 

 

12,566

 

 

 

8,860

 

 

 

 

4,435

 

West Africa

 

 

36,479

 

 

 

27,593

 

 

 

 

12,397

 

 

 

 

97,011

 

 

 

70,571

 

 

 

 

34,340

 

 

 

 

 

Successor

 

 

 

Predecessor

 

 

 

 

 

 

 

Period from

 

 

 

Period from

 

 

 

Nine Months

 

 

August 1, 2017

 

 

 

January 1, 2017

 

 

 

Ended

 

 

through

 

 

 

through

 

(In thousands)

 

September 30, 2018

 

 

September 30, 2017

 

 

 

July 31, 2017

 

Vessel revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

Americas (A)

 

$

86,721

 

 

 

17,449

 

 

 

 

121,380

 

Middle East/Asia Pacific

 

 

60,721

 

 

 

16,669

 

 

 

 

62,991

 

Europe/Mediterranean Sea

 

 

35,546

 

 

 

8,860

 

 

 

 

25,631

 

West Africa

 

 

105,691

 

 

 

27,593

 

 

 

 

93,499

 

 

 

 

288,679

 

 

 

70,571

 

 

 

 

303,501

 

 

 

(A)

Included in Americas and total vessel revenues for the period January 1, 2017 through July 31, 2017 (Predecessor), is $39.1 million of revenue related to the early cancellation of a long-term vessel charter contract.

Summarizes The Revenue Expected to be Recognized in Future Related to Unsatisfied Performance Obligations

 

The table below summarizes the revenue expected to be recognized in future quarters related to unsatisfied performance obligations as of September 30, 2018:

 

 

 

 

 

 

 

 

 

(In thousands)

 

December 31,

2018

 

Total

Contract liabilities/deferred revenue

$

 

552

 

 

 

 

552