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OTHER CURRENT ASSETS, PROPERTIES AND EQUIPMENT, OTHER ASSETS, ACCRUED EXPENSES, OTHER CURRENT LIABILITIES AND OTHER LIABILITIES | 9 Months Ended
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Sep. 30, 2019
Other Current Assets Properties And Equipment Other Assets Accrued Expenses Other Current Liabilities And Other Non Current Liabilities And Deferred Credits [Abstract] |
OTHER CURRENT ASSETS, PROPERTIES AND EQUIPMENT, OTHER ASSETS, ACCRUED EXPENSES, OTHER CURRENT LIABILITIES AND OTHER LIABILITIES |
(12) | OTHER CURRENT ASSETS, PROPERTIES AND EQUIPMENT, OTHER ASSETS, ACCRUED EXPENSES, OTHER CURRENT LIABILITIES AND OTHER LIABILITIES
A summary of other current assets is as follows:
|  | September 30, |  |  | December 31, |
(In thousands) |  | 2019 |  |  | 2018 |
Deposits |  | $ | 1,267 |  |  |  | 1,413 |
Prepaid expenses and other |  |  | 11,849 |  |  |  | 10,423 |
|  | $ | 13,116 |  |  |  | 11,836 |
A summary of properties and equipment is as follows:
|  | September 30, |  |  | December 31, |
(In thousands) |  | 2019 |  |  | 2018 |
Properties and equipment: |  |  |  |  |  |  |  |
Vessels and related equipment |  | $ | 1,132,307 |  |  |  | 1,144,028 |
Other properties and equipment |  |  | 8,267 |  |  |  | 7,455 |
|  |  | 1,140,574 |  |  |  | 1,151,483 |
Less accumulated depreciation and amortization |  |  | 117,788 |  |  |  | 61,626 |
Properties and equipment, net |  | $ | 1,022,786 |  |  |  | 1,089,857 |
Our property and equipment consist primarily of our 220 vessels located around the world. Subsequent to September 30, 2019, we sold two of our vessels, one in the Americas and one in West Africa, for a combined total of $3.6 million and will record a net gain on the asset sales in the fourth quarter of 2019. A summary of other assets is as follows:
|  | September 30, |  |  | December 31, |
(In thousands) |  | 2019 |  |  | 2018 |
Recoverable insurance losses |  | $ | 3,985 |  |  |  | 4,056 |
Investments held for supplemental savings plan accounts |  |  | 5,002 |  |  |  | 4,807 |
Long-term deposits |  |  | 17,870 |  |  |  | 16,848 |
Deferred tax asset |  |  | 381 |  |  |  | 395 |
Right of use asset (A) |  |  | 4,400 |  |  |  | — |
Other |  |  | 5,631 |  |  |  | 5,220 |
|  | $ | 37,269 |  |  |  | 31,326 |
| (A) | Refer to Note (4).
A summary of accrued cost and expenses is as follows:
|  | September 30, |  |  | December 31, |
(In thousands) |  | 2019 |  |  | 2018 |
Payroll and related payables |  | $ | 18,589 |  |  |  | 17,447 |
Commissions payable (B) |  |  | 1,877 |  |  |  | 1,990 |
Accrued vessel expenses |  |  | 25,069 |  |  |  | 29,534 |
Accrued interest expense |  |  | 5,596 |  |  |  | 5,985 |
Other accrued expenses |  |  | 3,661 |  |  |  | 6,828 |
|  | $ | 54,792 |  |  |  | 61,784 |
| (B) | Excludes $25.9 million and $28.0 million of commissions due to Sonatide at September 30, 2019 and December 31, 2018, respectively. These amounts are included in amounts due to affiliate.
A summary of other current liabilities is as follows:
|  | September 30, |  |  | December 31, |
(In thousands) |  | 2019 |  |  | 2018 |
Taxes payable |  | $ | 23,561 |  |  |  | 13,167 |
Lease liability - operating (C) |  |  | 698 |  |  |  | — |
Accrued property and liability losses |  |  | 2,352 |  |  |  | 2,726 |
Other |  |  | 3,413 |  |  |  | 5,199 |
|  | $ | 30,024 |  |  |  | 21,092 |
| (C) | Refer to Note (4).
A summary of other liabilities is as follows:
|  | September 30, |  |  | December 31, |
(In thousands) |  | 2019 |  |  | 2018 |
Pension liabilities |  | $ | 29,884 |  |  |  | 33,124 |
Liability for uncertain tax positions |  |  | 49,553 |  |  |  | 43,790 |
Deferred tax liability |  |  | 2,658 |  |  |  | 1,913 |
Lease liability - operating (D) |  |  | 4,135 |  |  |  | — |
Accrued property and liability losses |  |  | 1,107 |  |  |  | 4,123 |
Other |  |  | 9,162 |  |  |  | 11,075 |
|  | $ | 96,499 |  |  |  | 94,025 |
| (D) | Refer to Note (4).

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