PROPERTIES AND EQUIPMENT, ACCRUED EXPENSES, OTHER CURRENT LIABILITIES AND OTHER LIABILITIES

3 Months Ended

Mar. 31, 2020

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

Our property and equipment consist primarily of 170 vessels located around the world.

A summary of properties and equipment at March 31, 2020 and December 31, 2019 is as follows:

	March 31,		December 31,
(In thousands)	2020		2019
Properties and equipment:
Vessels and related equipment	$	1,049,058	$	1,051,558
Other properties and equipment		15,493		13,119
		1,064,551		1,064,677
Less accumulated depreciation and amortization		141,572		125,716
Properties and equipment, net	$	922,979	$	938,961

A summary of accrued cost and expenses is as follows:

	March 31,		December 31,
(In thousands)	2020		2019
Payroll and related payables	$	15,887	$	16,351
Accrued vessel expenses		35,404		38,383
Accrued interest expense		4,535		4,570
Other accrued expenses		17,028		14,696
	$	72,854	$	74,000

A summary of other current liabilities at March 31, 2020 and December 31, 2019 is as follows:

A summary of other liabilities at March 31, 2020 and December 31, 2019 is as follows:

	March 31,		December 31,
(In thousands)	2020		2019
Pension liabilities	$	31,822	$	32,545
Liability for uncertain tax positions		43,630		48,577
Deferred tax liability		2,571		2,571
Other		13,555		14,704
	$	91,578	$	98,397